the same thing that happened to them when the world started turning into digital and everything including money started to have a digital form which is used more than the physical form (eg. electronic banking versus cash). they will be left behind and slowly catch up.
Thanks for your response I really do appreciate your comment , but have you ever thought of this ,if Bitcoin is own by you and so many people you market your currency to don't understand how is been use because of their poor background in education do you think they will use it as means of financial transaction for their petty trade. To my opinion they will not .we need answer to their inability to operate the internet.Senior mate, I believe what make a currency is that is must be generally accepted I don't know to what extent something can be done about it, I mean, you can make totally user-friendly wallets and applications, you can simplify the operations at the level of a five-year-old child, you can include tutorials, but you can't teach people to read and write and, above all, you can't do anything against the lack of motivation, because many times people do not learn new things because they don't want to. For example, you can give a tablet or a smartphone to a little child who still cannot read or write and in an hour he/she will have downloaded several applications and games and will be handling the device like an expert. It's true that a child's brain is not like an older person's brain, but I think that nobody should self-limit himself because of not having an education. If you want, you can learn to send and receive bitcoin without problems, at least the basics. |
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Another solution can be to save all wallet.dat files of all the coins you have on a pendrive. Every time you want to use one, you open the sandbox and run it. When you finish, you delete the contents of the sandbox and close it. Doing so, you should not have problems.
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To try and simplify it a bit more think of it as switching funds from an account that can only wire to one with a small swipe fee. You have to pay the original wire to wire the funds into the small swipe account, this can be only used with merchants and users that accept the swipe accounts. If you want to send it back to your wire account you need to pay the wire fee again to close your swipe account.
It's a great system for merchant use, the idea is you could pull out a few hundred from your main btc to your lightning wallet use it at stores spend it all up and refill it when needed.
Supermarkets, cinemas, bars, restaurants, etc. I think it's a solution that can be very useful and speed up adoption in the real world, more than in online payments. With Lightning Network it could be possible to make your daily purchases and pay with bitcoin without having to wait for the transaction to be confirmed on the network. Fast and cheap. |
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https://u.today/it-is-possible-ethereum-did-not-drop-due-to-ico-sell-off-after-allPossible it wasn’t ICOs
According to data provided by Diar, a research group that releases an in-depth weekly analysis on the global cryptocurrency market, the majority of major Blockchain projects based on Ethereum are still holding tens of millions of dollars in their Ethereum treasury. I urge everyone to read and see if this make sense. The article says that its not the ICO's that has to blame for ETH sudden drop but the technology behind, dApps, because it didn't scale as expected giving investors false hope that's whey they dumped their ETH. Although its also mentioned that most ICO had liquidated an average 62% of their ETH holding. So this alone has put tremendous amount of pressure on ETH that's why the price plummeted. It's a bit contradictory. Perhaps what the article wants to say is that ICOs sell off was not the only cause. Anyway, I don't think dApps have had anything to do, I think that given the market situation some ICOs have sold part of their reserves and some people have managed to create a panic selling from which they have profited. |
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The question is not who is buying, the question is who is selling. Right now I don't think the market can go much lower, it's more likely that sooner or later it rises again so right now it doesn't make much sense to sell, unless you really need the money or you're speculating with selling now to buy back cheaper later.
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Am I the only one who thinks that the beta is quite disappointing? The design is poor and the platform itself gives a too amateur image. On the other hand, although allowing to buy gigs with Ethereum is not a bad idea, it should be possible to buy them with LNC tokens too. It's no wonder that so few gigs have been acquired so far.
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Thanks for the tips OP but I think that method is only effective at preventing yourself from being a victim of the clipboard attack. Also, that method will not make you 100% safe from that kind of attack because the hacker can try to just brute force the character you have edited since he got a clue on how your private key is structured(since you will only edit 1 character). Instead of editing only 1 character, I think editing 5 characters at least will make it harder for the hacker to access your wallet.
Thanks, mate. I think it will be more hard for the hacker and we will be safer. In the case of the private key it's best to write it on a sheet of paper, or in two if possible. If not, you will run the risk of forgetting the digits or letters that you have changed and in addition you will still be at risk of being hacked and that the attacker discover your trick, especially if you only change one or more consecutive characters at the start or at the end of the private key. |
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In the first place, we must bear in mind that there are several ETF proposals and each one has its own characteristics. I think only one of these is based on actual bitcoins. Secondly, any value that bitcoin and cryptocurrencies can achieve thanks to ETFs is nothing compared to the value they would reach thanks to a massive and widespread adoption. Third, adoption will not only give more value to cryptocurrencies, but that value will be real and not the result of speculation. And finally, you must never forget that bitcoin and cryptocurrencies were created for the people, not for Wall Street speculators to save the day.
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I have been following NLC2 and UKG for some time and invested in them. Recently I came across a similar but really under the radar project - Fantasy Gold Coin(FGC). I did some further research and found it really tempting. They don't have huge social media presence yet but their discord is quite active compared to other platforms: https://discord.gg/vsq7Nvc Everything seems genuine and exciting. But still I wanted to know opinion of fellow BCT members. Do you think that this project could compete with NLC2 and UKG? Should I give it a go? I used to play on the No Limit Fantasy Sports platform time ago, when their coin still was NLC. I liked their platform because you could play free contests, so you didn't need to hold any coin to play. Does this platform have the same feature? Can you play for free there too? |
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Nothing Wrong with ETH, it's just effect of ICO market. This year ICO market did not do well, i mean most of the ICO projects did not reach to their target. That's why market goes down and ETH is part of this market! Even not only ETH is down, all market (like Bitcoin) is down. But ETH is the main altcoin of this market, because most of the project runs on the platform of ETH
Yes ethereum's tech is still very nice imo, but it just goes to show how much the price relied on all the ico's taking place on the eth network. I don't think that this is the reason, the success or failure of ICOs in reaching their objectives does not affect the price of ETH. In terms of use, the reality is that most ICOs still choose Ethereum as their platform. The problem of ETH is the same as that of the other coins, the bear market in which we are. |
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The point here is to know if there will be any insurance company willing to insure an exchange. Imagine having to respond to a theft of 40 million dollars in cryptos. The exchanges are high risk potential customers, if some insurer assures them, that will not come cheap.
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China last year did not ban cryptocurrency trading, what they did was that they tried regulating their centralized exchanges but they refused to comply so they closed them down. and ever since that day people have been trading P2P or trading on other exchanges like the Japanese ones. and this time is no different, there is nothing that indicates any kind of ban. so in a way you are correct history did repeat itself in the sense that we saw the same FUD about China ban one more time and the market ignore it  Nobody cares about news from China anymore, the supposed China bans have become a meme, most are interested misinterpretations and the rest are restrictive measures that their citizens can easily skip. Anyway, we must also remember that the real FUD was not any news from China but the August hard fork, I still remember many expert analysts predicting the apocalypse those days and we saw what happened next. |
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i don't think they have actually banned ICOs. i have heard a lot of weird news about China which always makes me skeptical about any news that comes from this country. 99% of it is fake or at least half truths. and if i am correct then that is the reason why Chinese are still investing in ICOs.
ICOs are actually banned but Chinese investors still invest in them through middlemen. They pay a commission for the service and that's it. That's why the prohibition to participate in ICOs doesn't make much sense, whoever wants to invest in them will find the way. |
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Phising has been a large problem for DEX sites. How binance's dex would be able to solve the phising attacks would be the decisive factor for the success of the said dex. On other matters, we could expect everything better than current dex when it's coming form binance itself.
There is nothing they can do about phishing attacks, they can't prevent someone from placing a fake advertisement on google or a user from clicking a link received in an email. By the way, not only decentralized exchanges have been the target of phishing attackers, but also centralized exchanges and wallets. |
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a project that uses blockchain and have their own tokens, whats the best way to maximise user-experience and allow them to buy tokens even thought they are not conformable with trading platforms
In that case you raise the simplest and fastest solution would be to implement a fiat gateway that would allow users to buy the tokens with fiat money. In this way they would not need to go to an exchange to buy ETH or any other cryptocurrency that was needed to buy the tokens. |
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I have been checking https://bisq.network/ but they remove currencies that have low traffic. What the point then? These exchanges are the obvious choices for the ones who cannot be listed on Binance. Choosing the coin that can be listed or not, is not what I would call decentralized management! Well, that happens in all exchanges, when a coin or token has no volume they remove it to make room for another one. I think the only exchange where you can trade a token even if it's not listed is etherdelta / forkdelta, as long as you know the contract address of the token. |
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But how Binance will make money, if it is decentralized?
With the trading fees. Decentralized exchanges, like centralized exchanges, charge trading fees to both makers and takers. Surely the profits they will get with this exchange will be lower than those they currently get with their centralized exchange, but it will still be quite profitable since in the near future there will be a great demand for decentralized exchanges and Binance, thanks to its name and user base, will attract a large amount of users. |
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IMO, under normal circumstances we would have to wait at least a few months, mainly because we still don't know for sure if the market has bottomed or if it's going to lower more, it's necessary a stability time without significant drops before waiting for a new rise. However, there can always be external factors that radically change the dynamics, such as a hypothetical approval of a Bitcoin ETF.
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https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year. So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts. I don't agree with your assertion. In your post you comment that you invested an amount that you could afford to lose, therefore, I consider that the risk was not too high and this is precisely why you had benefits. A person who invests an amount too high according to his possibilities will be more likely to make the wrong decisions and lose his money. |
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They'll come in eventually. Especially I think once the SEC goes ahead with approving the ETF.
Most likely they are already in, buying little by little and in silence, but not in exchanges but through OTC deals that allow them to buy large amounts without affecting the price or the trading volume. |
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