Latest posts of: CryptoBry

We are now living in the world dominated by the big social media sites and this is not boding well in terms of control, ownership and influence. We need something that is really working for the interest of the people as the primary reason of existence above all else and hopefully the blockchain technology can be helping us towards that goal. This is all about content ownership and how this content and how the monetization of the content can be share with the owners of the content in the first place. I am also looking into the many ways that the blockchain technology can help lessen the prevalence of fake news shared all over social media sites. There are many things that can happen once we utilize the blockchain technology to make social media much better and be responsive to the needs of the people or the very audience they should be serving.

We are in the bearish market for the long haul because people are lacking the confidence and that trust for them to stake and hold more Bitcoin. Things are just boiling down to demand...if more and more people will be buying Bitcoin then the price will naturally go up. We have been expecting institutional money to come in a big way for Bitcoin but until now nothing is substantial happening. Instead of focusing on the price, the industry is concentrating now on building up necessary infrastructure and foundations that can affect positively its long-term viability. One thing for sure is that there is nothing we can do here on the personal level. Stop blaming those whales because we are all part of the market dynamics...investors have the choice and the freedom to manipulate the market if they can as long as they are doing things legally then it is not their fault at all.

1. The cryptocurrency market is quite risky and many speculators in the past had lost their money all because they assumed that this is a walk-in-the-park kind of thing. As in any investment vehicle, education is the key so that more we learn the more we earn.

2. Never trust anyone or any program that promises you the stars in the heaven when it comes to return of investment. Remember that this industry has a very remarkable dark side: the scammers who can appear to be angels of lights but are just waiting to get hold of your hard-earn money.

3. Don't test the waters with both feet or in other words don't throw everything in here. Always have many baskets for your eggs so you are minimizing risks...plus don't hurry as passive investments can take a lot of time.

This can be so tragic and the big lesson here is never be telling anyone much more advertised publicly or even subtly that you are involved with cryptocurrency especially if one is a trader as there can be criminals who are fast in assuming that a trader is always having much money. A criminal can force entry into your house anytime and demand to transfer your coins or tokens to another wallet in exchange for safety and because transactions are irreversible then there is nothing we can do. We have to be careful as we are now in the era where personal safety can anytime be jeopardized irrespective if we are rich or just having enough money to survive.

He got his immense success being an old school and as such he is very skeptical with new technologies especially those having some downsides or dark sides (with cryptocurrency these can be the scams which many perpetrated dragging along the good name of the industry). I read somewhere that he failed to invest in Facebook and Google in their early years all because of his dislike with new technology or trend. Anyway, I am sure that Bitcoin and the whole cryptocurrency industry does not need the attention and advice of Warren Buffet and in the same manner he does not need this industry as he is already very rich no matter what will happen to the global economy. Let's just leave things at that.

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Yes, indeed the time has come for these promising decentralized cab-hailing platforms to be taking the scene...but I am wondering what took them so long to conquer the market? The market is getting bigger and bigger everyday yet I still have to see any of these decentralized platforms to be stealing the scene from Uber. Now, I am asking: Are these really capable of taking over the market or are they mostly just promises and nothing more. Now, am hoping to be really, really wrong on this because I am a firm believer in decentralization too but I also understand the nuisances of the market of people who have human nature always at their sides.

The ICO revolution started to reach its peak in 2017 but the following year we saw its withering partly because people lost money with the many projects that went into the scam list or those that were just outright failure. Now, we are witnessing the demise of the ICO platform but we also know that this can be a good platform to raise money especially for startups there just have to big changes that must be done to make this a win-win for both project proponents and their supporters who are coughing out the money.

What do you think are the necessary changes for the ICO platform to make it more responsive and more investor-friendly? Please share your ideas and concerns...

Quote from: arbiter5 on March 05, 2019, 03:22:57 AM

Unpopular opinion: Decentralization

People(especially those idiots on Reddit) are only mostly prioritizing transaction speed and fees that they're not taking decentralization and security seriously.

"XRP is decentralized!"
"NANO is decentralized!"

Well, try shuttung down the companies running these coins. What happens then?

Once we can shutdown the companies behind these platforms then we realize that it is nothing at all. Maybe there will be some groups that can rise to fill-up what is lost and that is when people realized that these are actually centralized kind of thing just like the many big institutions we have now controlling the vast financial network established all over the world. Now onder many people are calling these as fake cryptocurrencies because they have attributes that are contrary to the very principles established by the founder of Bitcoin. Anyway, I am not against then as I believe in open competition and that the more the merrier the better but we have to tell people straight of the facts.

Quote from: Patatas on March 02, 2019, 01:13:24 PM

Quote from: Elwar on March 02, 2019, 04:20:29 AM

An early Bitcoin investor and self-confessed libertarian has built the first “seastead” with his BTC profits. For those who do not know, a seastead is a floating home designed to stay in international waters, thus allowing its inhabitants to live outside of the laws of any nation.

I'm confused which part is more fascinating, a seastead floating home or a seastead floating home with bitcoins. I'm not against their wealth or something but this clearly affects the eco-system in the waters. Like to stay away from the bullshit we created, we invade the territories of the poor sea creatures.

THis is one issue that should be worked on by the seasteading project because certainly there are marine species that maybe dislodged but if the project has enough study then maybe this can be taken care of. The idea that the project can have its own laws and be not under any country can be not an absolute not unless they can locate themselves in the middle of the Pacific Ocean which is actually not a viable one...in many cases the area is under a certain country's economic zone but what they do is to have a certain agreement with the country it is in as a sort of an experimentation and maybe the country is looking at the project as a possible tourist attraction which can mean a lot for the country's coffers later on so it can be a win-win situation. Anyway, the idea can be attractive and with the right technology can be a very viable one otherwise this can be just another failed human-made ideas.

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