What makes you think this is all trolling? Because in the future we are going to step into a world made of robots, In such a situation, even if people are offered millions of dollars in salary, they will not give importance to it, but will save the same amount in cryptocurrency. Because there is no better profitable commodity than cryptocurrency. But it has another factor which is completely negative. Perhaps the end of Bitcoin
If it's not trolling, before making such topics with so much confidence you need to learn about market capitalization(marketcaps). https://www.investopedia.com/terms/m/marketcapitalization.asp |
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It's not impossible for us to see bitcoin crashing down in price due to economic factors, but "end" as in dying or some sort? Nah mate. It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.
Not sure if trolling or stupid. |
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This is what I like with bitcoin. Leaders abandon it. It is revealed that there's no team responsible for its reputation. It is built neutrally. Projects build on top of it are very much controlled by a group of people, with few exceptions, but the core is as decentralized as possible. And it turns out that people want to acquire something that's free of bureaucrats and corporatocrats. It is beyond human failure. Corruption, as monetary policies are concerned, ceases to exist.
Heck, though not preferable — even if there isn't a single developer for Bitcoin(the core protocol) for an entire decade or more, chances are, it would still work totally fine. ^ Can't say the same for literally any other crypto project. |
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It's extremely hard to make price estimations knowing that there are a lot of different theses(day-to-day currency/blackmarket currency/SoV/a combination of a few/etc) and different factors(theses/demographics/etc) to take into account.
My take is just that it should be priced a lot higher in the future when the market sort of prices bitcoin a bit more accurately, compared to it's current state where it's pretty much just a scam/ponzi for most people.
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Maybe start by actually contributing to the forum and gaining a good chunk of positive reputation first, rather than just spamming bounty threads then expecting people to take you seriously.
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That's unfortunate and I wish him the best, but saying that " this is not a good look for bitcoin" is quite an over-reaction. It's not like he's the only Bitcoin developer. P.S. Due to the news of the Tornado Cash developer getting arrested, I wouldn't totally rule out the chances that he hopefully just is retiring under his name while continuing to develop under a pseudonym. Bitcoin’s top developer and Lead Maintainer, Wladimir van der Laan, has confirmed that he’s retiring. Van der Laan is the second successor to Satoshi Nakamoto and is one of the few people in the world with final commit access to Bitcoin Core’s GitHub.
Maybe post your source? https://protos.com/bitcoins-longest-serving-lead-maintainer-calls-it-quits-names-no-successor/ |
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You can't just willy nilly print stablecoins when you want and you're going to have money to spend for whatever. Stablecoin issuers(the legitimate ones, not the algos) actually have to control the supply reflexively to keep the peg at $1.
And knowing that you're going to create a stablecoin that almost no-one will use, you obviously can't print your way out to riches.
Seriously, it doesn't seem that you even understand the concept of supply and demand.
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Taking a look at the amount and without even reading your reply, I automatically thought it was either an exchange, or some sort of hedge fund. Like, what are the chances that a multi-billionaire just right out buys $3b in bitcoin? Quite low. |
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Yea they make it sound like its "not too bad" because it wont go over 20%.
TBH I recon all inflation numbers are being reported lower than they actually are. There
are a lot of products which have risen higher than 9% where I am from. Can we really
believe that the numbers announced are the actual numbers?
How can anyone be certain that the actual inflation isnt already 20% ?
Yea lol. Though I hope not (for obvious reasons), who's to say it wouldn't actually go above 20%? I wouldn't be surprised if this is just an attempt to make people not panic. Next thing you know they'll go with — " at least we're not like the Venezuelan bolívar!" |
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Maganda nga naman yun pero tingin ko sumasabay lang din sa agos ng demand si BSP kaya gusto nilang magkaroon muna ng educational drive para matuto ang mga tao sa risk ng pag pasok nila sa crypto kasi sobrang risky nga din naman nito lalo na sa walang alam dahil kung di sila matatalo sa scam malamang sa volatility naman sila nito titirahin kung di pa talaga marunong yung papasok.
Hence why bakit general finance and investing ang dapat ituro, hindi necessarily crypto; kasi hindi lang naman crypto ang high risk at volatile. At hindi porke crypto ang uso is dun agad sila magfofocus. |
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I'm not saying that the bear is or is not over, but we're only like what? Almost 30% up from the lows? And you're already trying to make conclusions that the bear is over? It's very common to see price increases(sometimes even 2x's) in bear markets.
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" Inflation will remain below 20 per cent by year end" They make it sound so smug like it was some great achievement LOL. People in USA have it pretty good with 8-9% inflation. Those in other countries have it much worst at triple digits. However I think world wide inflation has peaked and will go down from here.
Unsurprisingly. The US federal reserve is a total shitshow, yet they're still doing a far better job than most. |
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why casinos do not have an independent KYC register?
I've been using NitrogenSports for a while now without any problems (other than their bad UI/UX) and without any sudden KYC requirement. DYOR though, I've seen a few complaints about missing funds throughout the years. |
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Better for BSP to focus on educating filipinos on finance in general muna, instead of focusing on crypto. Ang karamihan nga hindi marunong mag ipon at mag budget, mahilig mang-utang, mahilig magsugal, hindi marunong mag invest in general, etc, tapos tuturuan agad ng crypto?
If anything, kung may ituturo sila concerning finance/investing dapat atang i-huli ung crypto.
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What have you guys learned since joining?
Most of what I've learned concerning bitcoin/crypto is still mostly from reading articles, not necessarily forum posts. What mostly interests me with Bitcointalk is the opinions of other people, giving me different points of views and all that. Personally, I've been reading through old posts of legendary and hero members like books essentially, some posts dating back to 2013 and stuff.
Just a heads up that high rank doesn't automatically mean knowledgeable. A lot of hero/legendary members only got their merits from the initial airdrop. |
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I'm guessing it's to prevent KYC submission using stolen data/photos. As more and more services require selfies with their IDs, the more and more people leave these photos on their cloud drives, hence quite prone from being stolen by hackers.
I do agree that it's getting too ridiculous though.
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Just a heads up that while having SSL is good for website security, it doesn't mean crap when talking about website legitimacy. Anyone can get a free SSL through services like CloudFlare.
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1. When talking about most cryptocurrencies outside of Bitcoin, then yes developer teams mostly have control over the projects.
2. Besides having ICOs and having fundraising through VCs, most cryptocurrencies outside of Bitcoin has an allocated percentage of the total supply to the team; so they can fund development and pay the employees.
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