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3481  Alternate cryptocurrencies / Altcoin Discussion / Re: War affects the Entire Cryptocurrency? on: January 13, 2020, 03:55:02 AM
I am not against the topic OP, But not all signs also war can affect cryptocurrency. You have a point and its not possible to happen in the future and war is not a reason to pump the bitcoin. 

Personally, I see the main problem in another. If a number of countries resort to the use of cryptocurrency during the war, in particular bitcoin, then nothing prevents large players from dropping the price of bitcoin to unimaginable limits, provoking panic moods, forcing them to sell most of the recently purchased bitcoins. Large players, in turn, will be able to redeem a panic sale on the cheap.
Bitcoin will be an option in time of war but not particularly the first or primary resort for them. There are many things out there that could be a safe haven for your money.

Speaking about manipulation, that kind of practices seems to have already running since long time ago. Though, so many attempt of manipulations by group of whales but still here we are. If people resorting to bitcoin which also automatically increase the market capitalization it will atleast become a lot harder and requires a lot more resource to manipulate.
3482  Alternate cryptocurrencies / Altcoin Discussion / Re: Qatar Bans CryptoCurrency on: January 13, 2020, 02:26:23 AM
Qatar has restricted itself from its neighboring countries (they had embargoed Qatar anyway) and this could be the move to further restrict the move of capital to and from these countries. Qatar has been a crypto neutral country in the past and I really hope they come up with some form of regulation to better use crypto than putting a blanket ban.
That does make sense considering when people are almost facing a hard time and worrying about their wealth they always resort to crypto or other form of borderless store of value just like the recent inflated price of btc in Iran. It might be the government seeing their economy has becoming weaker and can't handle to let any capital out of their country.
3483  Bitcoin / Bitcoin Discussion / Re: 67,1% of micro businesses do not know what cryptocurrencies are. on: January 13, 2020, 01:27:47 AM
in my opinion for now bitcoin is not suitable for payment, especially for small companies, because the price of bitcoin is very volatile, bitcoin is more suitable as an investment asset as is stock, maybe in the future bitcoin can be implemented as a means of payment.
This volatility problem has long been resolved. just use payment gateway services out there they will automatically convert all the cryptos they received into money and send it straight into your account. People keep repeating the same thing about volatility makes bitcoin unsuitable for payment but that's not actually the case. Even the transaction fee has now becoming so cheap and the transaction speed is well, not really fast but normal enough.
3484  Bitcoin / Bitcoin Discussion / Re: Would it be realistic for the world to run on cryptocurrencies? on: January 12, 2020, 10:49:04 PM
It will become a reality only.
The main hindrance right now is that not everyone on this planet is digitally connected. So you can't expect the transition to happen globally. but it can start from some Asian countries like South Korea or Japan.
The world can run on cryptocurrencies but not the decentralized one. Such cryptocurrencies will be controlled and maintained by the government and central banks just like fiat. It will be just an easier way to maintain transparency and reduce the cost.
That is basically the same as using bank transfer then. Using centralized crypto which probably backed by the government would be a waste of time. Why going through hardship deploying crypto if it's centralized at the end of the day. Although i'm pessimistic whether world could run solely in decentralzied crypto or not but to have centralized crypto despite making sense will just be a waste of time.
3485  Economy / Speculation / Re: Is Bitcoin Fall Because of China Or Actually They Dominates Bitcoin Mining on: January 12, 2020, 03:43:01 AM
How that could make the system less secure if all the chinese miners stopped mining? Isn't that will further increase the decentralization of hash power? Even if we lost so many hash power today in the next 2006 blocks it will adjust and once mining for people with relatively weak rigs is becoming profitable people will try to run their mining power again. This banning will actually influence nothing to the whole blockchain.
3486  Alternate cryptocurrencies / Altcoin Discussion / Re: Under supervision, do you think that anonymous coins have a future? on: January 12, 2020, 03:17:18 AM
if that happens, then the anonymous coin will look like it is not anonymous because it is under government supervision. and all transactions will be known as well, so there is no way to avoid taxes.
I believe that the main reason why these anonymous coin created is not for avoiding taxes which is a grave mistake if you use them for that purpose and the consequences once they find out thay you're doing such practices. Even if in the future these anonymous coins will be under supervision I guess the government only able to supervise it through exchange and not directly considering the nature of its anonymous coin's blockchain.
3487  Bitcoin / Bitcoin Discussion / Re: Thoughts about Bitcoin adoption on: January 11, 2020, 11:18:02 PM
Indeed why some merchants don't want to apply Bitcoin payment in their stores because of its volatility. It's very risky for every businessman to adopt Bitcoin because during bear market they can lose their capital. Using crypto payment, perhaps they will prefer stable coins. But if they are risk taker enough to accept Bitcoin, then that's good.
I think they will not dare to take the risk by making Bitcoin as a legal payment tool in their store, if the businessman is a Crypto lover then I think he will choose a stable coin that does not volatile in price. Volatile prices indeed are not suitable if used as payment
it’s true that stablecoin probably is a better option for payment method than using the volatiles one but there surprisingly people are still using bitcoin because they are more fond of it and it is already adopted widely.
The thing is, with the existence of payment gateway that facillitates businesman into accepting crypto but directly converting it to fiat as soon as they received the payment. It solves the problem about volatility in term of payment tool.
3488  Bitcoin / Bitcoin Discussion / Re: Musk Tweet, Crypto Manipulation on: January 11, 2020, 10:58:34 PM
I mean, can’t really call it price manipulation if the whole market could be influenced that easily. People really are thristy of popular people’s tweet regarding crypto therefore a simple tweet like that vould ridiculously affect the market. Heck, even people are making conspiracy theory out of it.
3489  Alternate cryptocurrencies / Altcoin Discussion / Re: Who Says Forks Are Bad? on: January 11, 2020, 03:24:05 PM
Yeah they are not bad from the perspective of profit seekers but if that hardfork is trying to meddle with the already existing coin like bitcoin and trying to gather or lure people into using their hardfork coins with all the dirty tricks that means it’s bad. Althouh most of the time when I got the airdrop or free coin from all these hardforks I will just cash it out as fast as I can.
3490  Economy / Economics / Re: Best Stocks to buy this year? on: January 10, 2020, 11:15:31 PM

Bitcoin cash and tron?  I would love to see why you think that (I dont agree with you at all on them)  Back onto the subject of sticks I do like tesla but it has grown so much I would almost feel like I'm top buying at this point.  Although I'm probably wrong and it doubles in 3-5 years lol.  I agree with you on that one.  Amazon too just because they will run the world soon lol.
Got the same feeling about tesla, the company always growing up and the hype caused by people everytime it released a new car but what I'm afraid the most buying their stocks is once another big car manufacturing company started to adopt electric car the same way as tesla and that will be the time Tesla being tested whether they could compete with them or not. Even I think that at this point there's nothing tesla could offer anymore, though the stock might be just increasing steadily in the future due to being owned by "Elon Musk"
3491  Alternate cryptocurrencies / Altcoin Discussion / Re: Will YouTube launch it's own cryptocurrency. on: January 10, 2020, 10:43:12 PM
It's most likely they will at some point. Every big institution is being tokenized YouTube won't be left out of this era.
Big corporation or company just want to take advantage of blockchain and thats' why they are doing research and investment into the blockchain technology to find the real use of it and implement it to their system but doesn't necessarily means that they are gonna launch their own cryptocurrency.
Even I can't see the reason youtube should release their own cryptocurrency while they already have their google payment from its parent company. There's just no reason at all.
3492  Other / Off-topic / Re: Is Elon Musk developing a quantum computer? on: January 10, 2020, 03:46:41 PM
just tweeting randomly like that and people already assuming here and there. if Elon really want to build quantum computer then let him be, I'm sure that the whole crypto community will bring a counter measure against quantum computer in the future though that might bring massive change to the whole crypto.
3493  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Poloniex no longer asks for verification of new users on: January 09, 2020, 07:22:10 PM
the poloniex market is a successful market in 2017 but after there is a binance exchange, the poloniex market is quiet and this program is to make the poloniex market many traders return
That time when they decide to require KYC for all the users and those who want to register is the downfall of their exchange. No one is going to submit their ID for KYC just because they want to exchange some pennies they gathered out of altcoins and now they are seeking for new users. I guess in my opinion it's just too late for them considering many exchanges have taken majority of their former users.
3494  Economy / Economics / Re: Iran/US tension's effect on crypto and economy ? on: January 09, 2020, 06:19:46 PM
but reportedly now the war has subsided a little because the United States is planning to make peace with IRAN, and the price of Bitcoin has decreased, so it's natural like the game
Maybe it's true that people are converting their money out of fear if the war breaking out and then after getting some relief they intend to convert it back but the fact that Iran is not a major player in crypto actually means that it has no significant effect to the market and I think it's just global sentiment regarding the market driven by the fact that if the war breaks out it might affect the price of stocks and commodities therefore some people think it's alright to temporarily convert their wealth to bitcoin.
3495  Alternate cryptocurrencies / Altcoin Discussion / Re: Reality of Crypto Winter and what to expect from now on on: January 09, 2020, 02:53:41 PM
Although there's no clear parameter how you could determine whether a market is maturing or not, it's true that the massive bearish market and the stable price have succesfully getting rid of all the wannabe and shit project. At this point I expect the current project that could survive the winter of crypto to function and deliver their promise thus contribute to the whole crypto community.

Comparing the price of bitcoin everytime with the ATH of $19K would surely be depressing. But bitcoin still has a high price and enough volatility for traders to make a profit.
Bitcoin would certainly rise to new ATH one day but it's not a good idea to call last year and this year a crypto winter when many of the alts have rise by folds.
It's called ATH for a reason and most of commodities or currency will always have its highest point. To compare the ATH and the current price is by no means depressing considering back then most of crypto was really overvalued.
3496  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance CEO finally admitted shilling both BTC and BNB on: January 09, 2020, 02:32:02 PM
every person's movement has a motive and well, a popular figure among crypto users like CZ to shill certain coin for his own gain is really to be expected and not something out of ordinary.
It's people's mistake to get easily lured into believing or taking into account the opinion or shill of certain figures like CZ to their trading decision, can't really blame him if you are thinking with that logic though if he shill both these coin and it succeed to pump up the price that's certainly in my favour.
3497  Alternate cryptocurrencies / Altcoin Discussion / Re: Qatar Bans CryptoCurrency on: January 08, 2020, 09:31:42 PM
Imposing ban just because they are fighting money laundering and terrorism is just a really weak reasoning. There should be a bigger motive behind this banning.
Although I'm sure that Qatar ban won't significantly affect the market but it's always such unfortunate to see a country is imposing ban without a strong reason and probably just making up excuse.
3498  Economy / Economics / Re: What is safe asset? And If USA dollar weakining what is Next Fiat? on: January 08, 2020, 01:51:40 PM
If the USD weakens due to the war, I think CNY or Euro will become stronger and replace USD. But I think the US will not let that happen because it will affect the US economy. And stable assets are the type of assets not affected by the economic crisis, and here the stable asset is Gold ... and now we can have another option bitcoin. Gold and Bitcoin will increase incessantly if the economic crisis occurs due to the war
If there's war people will hardly care about Gold let alone bitcoin and that'll definitely not gonna make the price increase. Despite many people saying that people who at war are going to convert their money to BTC that's just hardly true.

However, if USA dollar weaking it'll yuan that have the highest chance of replacing it because China is 2nd biggest economy in the world.

If there is a war threat in the world, gold is the most important investment tool. Gold is a very valuable mine. But there is a more important issue. I think he's being ignored. Yes you can have too much gold so how do you move. The cost of moving Bitcoin from one place to another is very low You can carry a bitcoin worth millions of dollars with a small wallet.
not really, imagine investing to gold that's really hard to liquidate at the time of war.
3499  Alternate cryptocurrencies / Altcoin Discussion / Re: Public vs. Private Blockchain, which is better? on: January 08, 2020, 12:47:35 PM
There's not much difference at the moment between a public and private blockchain as almost all of the modern blockchains are controlled by a few person or a small group of person and institutions. Private blockchain has the advantages of quick changes hence making it fit for the changing market while public blockchain like bitcoin needs to have consensus from a large group of people.
Atleast public blockchain still has some individuals participating therefore it's a lot more decentralized than private blockchain which really feels like banking system disguising as a crypto. We also need to reconsider the fact that private blockchain could easily intervened by government or some people with power, meanwhile public blockchain is all about hash power talk though if we have less than 51% of all hash power we're basically can do nothing.
3500  Economy / Economics / Re: How the situation in Iran might impact Bitcoin on: January 07, 2020, 11:06:41 PM
No significant influence by Iran simply because they are not major bitcoin market and the percentage of bitcoin users there quite small. I assume if war breaks they'll simply convert their bitcoin to some fiat that can be used to buy food and to shelter them. In the difficult time like war people don't care about wealth anymore as long they can get food and shelter.

Although some people might say that people in Iran will try to save their wealth by converting it to Bitcoin and some proof is the overly inflated price of bitcoin in Iran but that's not true. Things like that will just happen temporarily because people are panicking.
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