Many of us may have read that 2018 will be game over for bitcoin.Every now and then have seen that every Tom, Dick & Harry Coin claims that their blockchain technology is better than bitcoin and they will solve the real issue with bitcoin network but in reality no one is even close to that.
Is there a alternate to bitcoin to replace it?
Can this crypto economy survive without bitcoin?
Cryptocurrency is still very young and there are lots of problems that needs to be solved before it becomes perfect. It is actually a race to get the solutions to scaling and other problems that bitcoin and crypto faces. I believe whatever blockchain solves those problems will become the top cryptocurrency and can replace bitcoin as store of value. So to answer your question, yes, cryptocurrency can survive without bitcoin or when bitcoin becomes outdated. |
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Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum
Even if they do that, if they are scammers, they could just run away with your money without continuing the project. Then all you have is a bunch of worthless tokens. You cannot stop scammers from starting ICOs but you can stop being a victim of them by wising up. Know how to detect scams and research the product and the devs involved in the project before sending them your money. If every one gets wise enough to avoid shady ICOs, eventually those scammers will stop creating ICO because there are no one left they can victimize. |
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I believe bitcoin will be able to get over it, but I agree with one economist whose video I watched that we've never seen anything like this before and it indeed went far below what would be a normal price correction.
The price went up to 19K in a month , that was not normal. We cannot expect a normal price correction either. Coupled with FUD news, the price could go down more, so brace yourself. And besides, I heard bitcoin advertising on facebook has been banned and I guess it is also a bad sign, since they want to protect people from risky investments.
I do not see it as a bad sign, a good news even. If you look at it, it will lessen the bad and scam ICOs from facebook. Thus lessening those newbie crypto investors getting caught in bad ICOs, less bad reps for crypto. Less people associating crypto and bitcoin to scam and ponzi. |
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I noticed there is a google form for weekly reports for twitter and facebook, do we have to post our reports here or just use that google form in the end of the week?
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I monitor this thread since it was created but until now only 2 teams already played i think only people in this forum who played mobile legends that is why it hard to make a tournament for this game.
By the way congrats for the first winner of the battle and hoping more battles will come in the future.
Obviously the one who known Mobile Legends will only be the one who will play. And I think Harizen and Habie's team are not composed of people that is pure crypto enthusiast. Tournament is possible as long as one of the forum members that play Mobile Legends will invite their friends to joined. Actually Im still waiting for at least 4 to 5 games before deciding to challenge anyone here. I already have a team but since we only have low budget I will try to analyzed the teams that will play here. Having a low budget isn't actually a problem because bets can be discussed. You can agree on low bets just for fun and keep this thread and the game rolling and to attract more players. Once there are more participants, it will be easier to get a match with high or low bets. And since ETH is the currency used, the fee is not a problem even for low bets. |
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I wanna burst! The red color is irritating me.
To you it is irritating but for hardcore investors who see the real value of bitcoin, it is opportunity. We cannot force others not to spend their bitcoin, they might need it for something. We cannot also force others not to give in to their fears now the price is crashing, it is human nature. What you can control is your own actions. You can stay irritated or you can grasps the opportunity that this bear trend gives. |
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The only basis of your point that bitcoin is coming to an end is because the price is going down. That is very shallow on my point of view. We have been in this road before, the price goes up and down, it is scary but that is how market works. All great companies suffers from time to time, their stocks goes down but in the end, things get fixed and it recovers. The same is with bitcoin. It have some issues and the price suffers, but it does not mean that it is the end of the road for bitcoin. It just shows that something needs to be fixed. I believe the devs are working on it. The issues should be addressed soon. People with financial sense have sold long ago
So what do you call those who invested from the beginning, hodl and made x1000 profits from bitcoin? |
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It is still way above the price this time last year, that means I am still in profit even if it falls beyond 9K. I do not easily panic and I am used to this dump every once in a while. I believe this FUD will be over soon and I am in here for long term. I'll invest more if I have money but for now, it is still hodl.
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Now for the kicker; BTC works a lot like fiat (from what I can tell). In the fiat market, when people are not spending, the value drops considerably. If money is not changing hands then it becomes worthless. Everyone on here saying "Be strong and HODL" are not helping. The more we use it, the more demand there will be. Companies see it working for competition and they are more likely to adopt. Fees are practically non-existent now so there is no excuse.
Problem is bitcoin is not yet prepared to be used as a payment system. Right now it is slow and transaction fees are high, the price fluctuation scares companies away. Unless these problems are addressed, bitcoin will never move from store of value to a reliable mode of payment. We all wanted to utilize bitcoin the way it was intended to be but right now it is not yet feasible. |
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if based on these figures, it can be assumed that 2018 we can expect a good growth! according to some we can break through the resistance line and descend to 8000, after which rapidly go up! I'm counting on such an outcome!
Do not expect too much, history does not guarantee future results. You can base your investments from it but it is not a sure thing. You still have to get updates always and read the news to know if it will still go the same trend. |
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Do not get too excited about this, it says it will regulate ICOs in which it can lead to banning of ICO or giving KYC as a requirement. I will monitor the development of this because I am very much affected in whatever direction this will take.
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Its frustrating to see such a steady stall in the crypto market post January. Seems like any price change (increase/decrease) is happening at snail pace. Any hope that this market will pick up soon in the following months?
It is just natural for any market to move this way, this is called consolidation. Normally this happens when the market was exhausted after a bull run which for bitcoin was a month before. We can expect this phase to last longer because of how high the price went up. When this is over, we can expect another bull run so better prepare for it. |
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Have you ever tried to meditate to get more results?
Meditating is to focus your energy and keep yourself calm especially these days when the price is tanking. Everyone needs to calm down and focus on their goal to keep on hodling. But if you already have the discipline of a good trader, meditation will not add much. |
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You can look try the ICO in the signature I am wearing right now. I believe loyal coin will go a long way and will be very profitable. It uses nem blockchain which adds to my confidence. Anyway, you are the one to decide if you want to invest 5k into this but hope you do. |
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I am not a believer of 100K bitcoin price so I will not wait that long. I am holding a few bitcoins and I am just waiting for the price to get to 20K before I sell and buy back again when it drops. I am also holding some altcoins that have low price. I may hold them for a year or two, if it gets profitable like x40, then I would sell them. If not, then there is no problem with me holding them longer.
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
In my opinion, each and every point can happen to all cryptocurrencies. Look at eth, it is fast and cheap until cryptokitties arrived. It suffered the same problems bitcoin have. I believe bitcoin is only in its initial version. There will be a better crypto that will be perfect as a currency and store of value. But for now, bitcoin will be the store of value. Alts can learn from the mistakes of bitcoin and could come up with a better solution. And if it happens someday, then bitcoin have served its purpose. Not totally useless. |
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