Yah mobile wallet should be put at first, i find myself in same shit when I invested in veil privacy coin and I wasn't able to sell today because the project have no mobile wallet, to sell I will have to install windows wallet and start syncing from scratch which will probably take me weeks and the sync data is over 34gb in size, that's even going to cost me more data, I mean who still use windows wallet this days when 90% of people that are into crypto prefers mobile wallets more.
With the crypto market today, mobile wallet is quite an imperative and should be the top priority to be developed before opening the door to the public. We are now living in a mobile world so for a project that miserably failed to recognize this fact will be on the last on the list of my priority. I am hoping those people in Raptoreum will realize this fact as soon as possible. Good luck and more power to them, anyway.
|
|
|
While we could not yet be sure if this is already official, what we should understand that PayPal will naturally be showing some financial muscles in the world of cryptocurrency and buying other platforms that has the potential to further extend its influence would naturally come! And just like Binance, this can just be the start of acquisitions. PayPal has the money, and it can easily muster other investors to also come into board to buy any business, if it wants to. This can be good for the future of cryptocurrency, in general.
|
|
|
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
Generally speaking, this is still the best time to get into cryptocurrency, but you have to be careful by selecting the best ones that has the best potential that can grow by leaps and bounds in the next few days and weeks. When there is a big dip that is actually the best time to enter, but that is also the time we are afraid that the dip will continue longer, and we stand by only to realize that the market has already made the rebound. I am always a victim of this and I realize that there is something with my strategy. The strategy should be holding a digital asset for the long-term, except of course if you are into trading.
|
|
|
In other words, Ethereum 2.0 will not mean that we have to swap the "old" coins as this will not be affected at all. Hopefully, when the Eth 2.0 is gonna be implemented in its entirety it can solve the question of scalability, decongest the whole network and most important to all of its loyal users can bring down the cost of all transactions away from the incredibly so high fees we are slapped right now. Success on these concerns can mean that more growth for the Ethereum is coming, but failure can mean otherwise. I am still looking at Ethereum as the number 1 altcoin though I am mad at the required fees to transfer even some tokens to the exchanges...so I even stopped transferring those that have already some value because at the end it will just be a negative undertaking.
|
|
|
With the way things are right now, I am seeing BSC and PolkaDOT to have the best chance to produce the best run and eventually overtake Ethereum. Of course, this depends a lot on how the market will be reacting and if Ethereum will continue to fail on the question of scalability which results into incredibly high gas fees for transactions. Of course, Ethereum is certainly not so easy to kick from its leading position and its developers are working hard day and night for the total implementation of Ethereum 2.0 hopefully to get away from the current problems it is now. Let's see what can be the in the following months.
|
|
|
Even in the world of blockchain and cryptocurrency, people are still looking for leadership and this is what we are seeing with Ethereum, Binance, Cardano and without it then eventually the platform will be folding up. A leader that is already proven to be a big fraud and is continuing to do things that only a "crazy" can do will eventually be spurned by the community and will not be inspiring new entrants and investors. This is what is going on with BSV. Craig Wright will soon be written off from the history of cryptocurrency and though he can always be mentioned it would be in connection to being just another fraud. We don't need leaders like him in cryptocurrency.
|
|
|
Maybe the market is looking for some big good news but could not find it anywhere or maybe the market is just not interested with anything that can stop its sour mood...there were many times in the past that the market just go down for no reason at all. This is just another normal cycle with Bitcoin and though it can be alarming to see the value of the Bitcoin we are holding go down, we can continue holding into it or we temporary parked it on a stablecoin for some protection and then later on determine when is the best time to reenter the Bitcoin market.
|
|
|
Nobody can predict what can be in the future...and by future I mean the next 5 to 10 years. As we are already experiencing the many wonders of technological innovations, I am sure the same thing will continue on improving and changing the way we see and do things. Soon, there can be AI-powered robots that may even look like humans to do many things for us. I am looking forward to a programmable robot that can do farming or food production by themselves. That would be nice and van be of big help to mankind but at the same time can make farmers less important, so the solution is to have farmers own these robots.
|
|
|
I believe that convincing people that Bitcoin is not just another pyramid-like scheme is a big waste of time. This thing can easily be found online using Google so anyone who has doubt on Bitcoin can easily do it online. Actually, I am not sure if more people are sure on the issue of being just another ponzi scheme, people are actually afraid that Bitcoin will immediately go down in value once they enter investing with this coin. Well just like what is happening right now. Most people are not risk-taker and many can not accept the fact that they can be burned with anything they are investing with. As for me, the best argument that Bitcoin is not a pyramid is the fact that right now institutional funds and investment groups are already holding and will be adding more Bitcoin - you can't expect these big and famous firms to get involved with something that is a ponzi because they are always doing their due diligence when they get into something.
|
|
|
Wow. Am glad to see you recover your high-rank account here in the forum. This just shows that bad people will not be stopping the good ones at the end. And with a good team of BTT who are more than willing to help, the account is now back at your own control. And it would be good to hear what really happened, kind enough to share the story, so we can somehow learn a thing or two from it?
|
|
|
As for me, the only way we can start to determine if someone is the real Satoshi Nakamoto is if he has the keys that can move those huge amount of Bitcoin that can be under his control. Anybody can claim to be the guy and anybody can point to someone as the guy but all of these can just be baseless speculations not worthy of further discussion and maybe just a pigment of someone's imagination. I am always amazed at how some people are still allocating time to unravel the identity of Bitcoin's founder, who we assumed does not want to be disturbed wherever he can be assuming that he is a real personality.
|
|
|
Is BlockFi safe in the event of a stock market crash/another financial crisis? Has anyone done, or can point me to, research as to the company's financials? Been thinking about this a lot as I have a bunch of crypto tied up with them.
I do consider BlockFi to be financially sound and quite a solid of an investment platform. However, since you are talking here of a financial crisis maybe even bigger than what we experienced in 2008, to tell you honestly nobody knows what can happen all because during a severe economic storm even big firms can collapse and those who we assumed to be well-managed can be showing cracks they never know existed beyond detection. Maybe the best thing to do is to diversify rationally.
|
|
|
Well, this can be a good initiative and one that I personally look as a big vote of trust and confidence on Bitcoin, otherwise these rich people and the organizations they are representing will not be donating such huge of money (at least on my personal level) to the development of Bitcoin especially on its security. Though I am personally wary of big investors coughing out money for something all maybe because we usually view them with distrust, and they can have some hidden interest, I do welcome this news.
|
|
|
I actually agree that what we usually call as wallets in the world of cryptocurrency are not what they really are...all because the coins are not being deposited into those wallets though we can see the figures in there, more so if your wallet has zero balances like mine. However, I am not convinced that this should be called as cognitive dissonance because that term holds deeper meaning. Now, in case we should start calling our wallets to be keychains in my view the more that ordinary people can be confused, so maybe I prefer that we have the status quo.
|
|
|
Craig Wright is obviously very wrong on many things he had done, is doing and will probably do in the future. And I believe that his surname will one day be changed to Wrong, no more Wright. The man is probably thinking that since he is getting out of the limelight and that all people in the world of cryptocurrency must be needing some entertainment that is why he is pulling this latest big joke of his. Unfortunately, even the court is not allowing to be dragged by his shenanigans. Only fools like himself would believe the many claims he made in the past and more so of the things he will probably be claiming later. Still, am crediting him for such a very creative move, worthy of a movie in fact.
|
|
|
This makes the claim you sometimes see that guesses BTC might rise to $500.000 by the end of the year at least plausible: (5.000.000 x 500.000 ) / 8.000.000.000 = $312 worth of BTC/inhabitant of earth. Even if only 1% of the population holds btc, it would only be $31.200 worth of BTC/holder. I see this as overly optimistic, but not completely impossible.
You nailed it. And remember that Bitcoin is not being distributed to all the people of the world, in the first place. I understand that this is just for the sake of discussion, and we have to remember that not all the things we are thinking will be happening in the real world. In case Bitcoin can be reaching the $2.5 million level of price, surely there can be a good spike of millionaire, but I don't think that it can create or will be the catalyst for a runaway inflation as not all will be converting their Bitcoin to cash and not all holders are residing in only one country.
|
|
|
The big question is, why aren't more people happy about this? I mean, burning fossil fuels is good for the world. It puts more CO2 into the atmosphere so that plants have food and grow better. More electric plants can be built, making more jobs available. Sounds like a win-win Bitcoin mining operation. Think of the rise in the price of Bitcoin if the miners had to build their own electric power companies.
Bitcoin is futuristic and it needs innovative solutions for energy consumption. Solar, wind and the renewable energy source is the solution and must be accomplished soon. This is the challenge that the Bitcoin and cryptocurrency community has to be facing. I mean we should be demanding a greener and cleaner source of energy that should be use in mining in Bitcoin...and this will surely not happen easily but should be done on a gradual basis. Rather than dismiss the whole thing as if nothing is happening, solutions has to be found and that is where innovations can come in. There are now many improvements in the area of solar, wind and other sustainable alternative power and those in Bitcoin mining can come to where the sources are to minimize expenses. Or maybe someone could come up with a better mining solution that is requiring less power.
|
|
|
That's what happens when everyone gets freedom. While you're thinking on how to make the most of the opportunity Bitcoin has brought, someone else is thinking on how to abuse it. Sadly, this is one of the sad part of crypto as a whole, and you can't stop it, unless everyone is stopped (not possible).
This is quite true in any industry even including the religious organizations all because we are all humans, and we can make big mistakes that can be affecting many others, and we are also greedy to the point that we don't know where to know the lines. Sadly, the blockchain could not do substantial to stop abuses though maybe we can somehow minimize them. And yes we could not censor everything and everybody because that can be counterproductive.
|
|
|
There is an exodus right now from Ethereum to the BSC platform which can certainly be helping the BNB coin to gain more leverage, and we know that the more users there are in BSC the more that they gonna be using BNB for any transaction...the same way that happened with Ethereum when DeFi exploded. The biggest reason for the shift is of course the incredible high gas fees in the Ethereum network. I think yesterday I saw the announcement of 1inch that they are also adopting BSC in addition to Ethereum within its own ecosystem. This is a big move and can be signalling others to adopt BSC though not necessarily wholly rejecting Ethereum.
|
|
|
I am not a technologist, let alone a programmer, just an investor and trader. What do I need to know about Ethereum's high gas fees? I'm hearing some say that this could sink Ethereum. How exagerrated is that?
The current gas fees required for all transactions under the Ethereum network can be so disappointing and it is unfortunate that Ethereum has no safety nets established that can control the rise of gas in its bidding system of transactions prioritization. I don't know but maybe having a cap can be helping a lot of the users of the network not to be slapped with an incredible amount of fees even for small transactions. Right now, I decided to forego selling some of my tokens because of the gas fees, and I am afraid that by the time the gas can be lowered those tokens would have no more value left. I am sure that this is not what cryptocurrency should be. This sad situation will not sink Ethereum for sure but will be taking a big chunk of its business away into alternatives like BSC, DOT and Tron though the exodus can really be healthy for all as concentration of anything can be not so good.
|
|
|
|