What is not reported is this: This research is from a survey of 2,001 US adults commissioned by finder.com and conducted by Pureprofile in February 2018.
The survey is a paid online survey. The people that participate are not representative of the "American population". People doing online surveys are much more likely to own cryptocurrencies than the average American. |
|
|
|
well it seems like tether to me and after tether also bitrex have issued its coin which is always stable so this kind of projects are becoming more and more in the scenes which are for good use of course but what I think is that they are not stable enough because can be crashed any time cuz are not backed by anything
The problem with Tether is that it requires a trusted custodian to hold the dollars represented by the Tether tokens. If the dollars are spent, lost or stolen, or the tokens are not redeemable, then the tokens become worthless. Havven doesn't have this problem. It solves it by using a smart contract to automatically buy and sell havvens for $1 on a trustless exchange. In theory, Havven requires no trusted third-party; however, it may not be possible to implement such a system. |
|
|
|
The trust system works by referral. Positive or negative trust that you give someone will appear to you and to any members that have given you positive trust. For example, if I give you positive trust, then I will see all the positive or negative trust that you give to other members.
That's incorrect. Giving someone a positive feedback/trust, isn't equal to adding them to your "trust list" (you won't see any of their ratings by default, unless they're DT1/2 members). Thanks for correcting my misunderstanding. |
|
|
|
This should have been at the beginning of the article, instead of the end: Personal finance website Finder.com commissioned the survey on 2,001 American users of Pureprofile, a website where people voluntarily answer questionnaires for cash and rewards.
It’s worth noting that users of Pureprofile know how to use the web well enough to make money. This can skew the survey’s findings since the respondents don’t necessarily represent less tech-savvy Americans.
|
|
|
|
When I was still a newbie, I click on a lot of signature advertisements. However as time goes on, my click count become lesser and lesser. Today, I noticed that I simply ignored the signature advertisement - banner blindness. What about you? I go one step further. I ignore any member of a signature campaign, as in click on ignore underneath the name on the left. The result is that I hardly ever see any signatures at all. |
|
|
|
Icobench is a great website to find ICOs, but they are often listed after the preliminary funding rounds have begun, meaning you miss out on the best bonus/discounts. The absolute best way is to manually keep checking the latest announcement threads, read through the whitepapers and identify whether the ICO has as much potential as they claim. Take a look at the team behind it, and examine their roadmap. If it is feasible, and the team and plan look strong, then it's likely to succeed.
You can't trust Icobench. Companies pay Icobench to highlight their ICOs. Premium Campaign
9 BTC
45 days
Priority updates
Your ICO on top of all assigned categories
Your ICO on top of the browse section
Increased visibility on the competitors' ICO profiles
Competitors removed from your ICO profile
Featured in ICO Show Time page
Featured in one weekly newsletter
Order now
|
|
|
|
How to find a promising ICO?
Do lots and lots of research. Here is how I would do it: - I would start by skimming summaries and rejecting any that don't make sense, don't describe a promising business, or don't look legitimate. That should weed out 80% - 90%. It is important to not worry about accidentally rejecting good projects. It is ok to miss a few.
- Then, I would start researching the ones that are left.
- Read the white papers. Reject any that don't actually describe how everything works, that make unreasonable claims, or that I don't understand, don't like, or just don't believe.
- Investigate the team. Would I hire them to develop a project?
- Evaluate the roadmap. Reject it if it seems unreasonable.
- In the end, I will be left with a small number to choose from. If I end up rejecting all of the ICOs, then I start over or give up.
- Next, I would evaluate the remaining ICOs for risk, and estimate their potential returns.
- Finally, I would invest in my top picks. It is important to expect that most of these will fail, but the ones that succeed should make up for the failures.
You can search on specialized sites with ratings. When I need to find prospective ICO, I do it. There are at least two sites with ratings, I give links: https://icobench.com/ and https://foxico.io/. Good luck in the search for high-yielding ICO! I wouldn't evaluate ICOs according to ratings by random sites. That seems like a horrible idea. It is doubtful that they did proper research and it is likely that they are paid for high ratings. Also, it is harder to find a legitimate ICO than an ICO that promises a high-yield. |
|
|
|
For the storage of crypto currency, there are special purses. In fact, according to the usual program for the computer and they are also called cold wallets, they are all different in meaning, for example, some of them download the entire history of transactions from the blockbuster.
Your post makes no sense. Please don't post text translated using Google Translate. You won't get any merit if nobody can understand it. (I assume that is the only reason you posted it.) |
|
|
|
I see no logic in this. When you buy 100 bitcoins with dollars or whatever, you don't transfer dollars anywhere. So the situation after selling bitcoins is not any different with before buying them. In other words, for the cash outflow to happen the amount of dollars in one country should diminish while in the other increase. This is not the case with crypto. And even if you buy bitcoins with renminbi in China and sell them for dollars in the US, the amount of renminbi and dollars doesn't change in the respective countries.
If the dollars come back to China, then you could say that the bitcoins have been exported. If the dollars don't come back, then it is capital flight. The difference is that in the export case, the value remains balanced. In the capital flight case, it does not. Consider steel instead. If you buy steel with renminbi in China and sell it for dollars in the US, the amounts of renminbi and dollars don't change in the respective countries, but the value of the steel has moved. The US has both the dollars and the steel, and China has the renminbi but less steel. |
|
|
|
Now Lets lower the market cap with 400mil!
139.382.267.410 - 400.000.000 = 138.982.267.410
[138.982.267.410] ÷ [16.923.950] = 8.212.16
So 400mil is literally only a small change of $ 23.64 in this huge market.
It doesn't work that way. The price is determined by supply and demand, which are curves and not single values. However, I agree that the Mt Gox sales were not a major factor, simply because the sales have stopped and yet the price has started to fall again. |
|
|
|
In plain terms, this thing beats me. I read it every now and then that bitcoin as well as other cryptocurrencies contribute to capital flight. The logic behind such claims is that someone can buy bitcoins for dollars in one country and sell them for the same amount of dollars in the other. This is the point which I never truly understood. To me, there is no real or virtual transfer of dollars across the border so there is no capital lost at all. No dollar gets lost or transfered.
Am I the only one who has doubts about this claim?
I'm not clear on what the confusion is. The value has been transferred out of the country, though I guess it is not real until the money has been spent outside of the country. Would it make more sense if you wrote "someone can buy bitcoins for renminbi in one country and sell them for the same amount of dollars in the other"? |
|
|
|
In my opinion, the biggest threat of centralization is the popular practice of letting custodians, such as Coinbase and major exchanges, hold your coins. These entities control your coins more than any miners ever will.
You are having a point here. But if you add this to the fact that as soon as Google, Amazon and/or Facebook will come forward with their own centralized currencies the sheeple will jump on their vagon, you'll have a nice picture of what's up to come. I believe that Google, Amazon and/or Facebook will not create their own currencies because of the regulatory burdens that would be placed on them as a result. |
|
|
|
|
Ha ha The chart is not correct. It has a mistake!
Look at the predicted price in the upper right corner. It is not showing $91,000 in 2020.
|
|
|
|
The whole article reeks of a PR stunt.
They did their survey on their platform that deals with crypto...
Lendingblock is a securities lending platform for the cryptoeconom
It's like going to a church and ask how many people believe in God.
Yes, and yet only 20% of those own cryptos. |
|
|
|
The way I understand it, part of the goal of crypto-currency is to give some power back to the people, power that banks and large financial institutions have wielded over the common folk for a long time. And make no mistake, this is a corrupt system we're talking about, as has been well documented over the years.
...
What's the point?
The point is that cryptocurrencies allow people to use their money free of control by others -- government, corporations, and the so-called "wealthy-elite". There are several important distinctions that need to be cleared up. 1. The wealthiest people hold very little money relative to their total assets. An equitable distribution of cryptocurrencies would not have any effect on the distribution of wealth. 2. Cryptocurrencies do help protect us from those that want to control us. In the fiat case, they use their wealth and influence to control how we hold and use or money. In the cryptocurrency case, they do not have that same ability, regardless of how much of a cryptocurrency they hold. 3. It is a mistake to believe that the end goal of cryptocurrencies is to be an investment. At some point in the future, adoption of cryptocurrencies will reach the saturation point and their values will no longer rise. Hopefully by that point, most people will realize that cryptocurrencies are intended to be currencies and not investments. ICO coins and other crypto-based assets are clearly misnamed when they are called cryptocurrencies because they are not really intended to be currencies. 4. The volatility in the prices of cryptocurrencies has more to do with speculation and mass hysteria than pump-and-dump. Contrary to the popular mythology, "whales" are not behind pump-and-dumps. |
|
|
|
US senator Brad Sherman called cryptocurrencies “harmful” in a government meeting March 14, appearing to accidentally admit they reduce government control of the dollar.
Is that supposed to be a secret? |
|
|
|
So, how much did you get paid for your work? Was it worth the time you spent?
I've earned 75000 DROP tokens. As far as I know, Tidex is currently the only place where I can convert DROP to ETH/BTC. Due to a price fluctuation, value vary between 0.25 and 0.5 ETH (currently 0.35 ETH) for 75000 DROP tokens. Originally I planned to sell tokens immediately, but now I believe that Dropil has a good chance to become successful story and I will probably HODL  Am I satisfied with how much I earned? Definitely yes. That's not bad. A couple hundred dollars for a few weeks of work. It is better than I expected. On the other hand, You could have earned that in just a few days with a minimum wage job in the U.S. (assuming that is where you live). |
|
|
|
By now we definitely have some use cases for bitcoin, just because you don't know them or don't find them useful doesn't mean bitcoin is inherently useless.
Use cases? Just because you read about them doesn't mean they actually exist. There are plenty of potential and theoretical use cases, but actual use cases are hard to find. I can think of some actual use cases, though they are all fairly minor and not enough to support a $130 billion economy. 1. Buying from Amazon using purse.io. 2. Buying gold from a few sites online. 3. Trading altcoins on exchanges. 4. Payments for mining altcoins. Can you list any actual significant use cases? |
|
|
|
|
Show Posts
