I don't really anticipate the upgrade but if there are problems with higher priorities that need to be resolved I don't think it's wrong considering that this upgrade is a massive one and there are possibly so many problems going to happen, it just needs more time to work. It's better to have a fully working system in the future rather than half-baked upgrade that could possibly mess the whole thing. Though, it will lose all the hype if the delay is too long, therefore, made a little impact to market, price wise.
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I expected some will be disappointed but the truth is the mining difficulty is quite increasing the only way to still gain profits is to set a large scale mining or deploy powerful and many rigs to be able to gain a stable one. The mining will die for those who do personal mining alone cause you can't sustain the expenses that also arises from it. But for large group that mine there is no problem cause they still can earn and leverage the expenses by quantity.
Ordinary miners just can't keep up with the growth of large miners because they will allocate few percents of their earning to expand their mining rigs using the latest technology, therefore, the difficulties after 2006 blocks will be adjusted and that will takes up a huge portion of the small miners earning. The small and traditional miners are just waiting for the time to get bankrupt because they couldn't handle the expense and maintenance fees which exponentially increasing alongside the inflation over time.
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More likely to be an indirect adoption by allowing the developers into adopting crypto through the implementation of in-game currency. However, that's it. Games could probably increase the adoption significantly but it's nothing more than an in-game currency at the end of the day and it's nothing meaningful. I don't think this is the right section for this topic, It may be in the gambling section.
Gaming using crypto is not always gambling, there are games that reward the players with crypto and the implementation of crypto as an in-game currency for microtransaction and many more.
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As an idea that is good but please see the real condition right now. If only bitcoin use it, network will crowded and fee for every activity will rise in high level. Altcoin is solutions for this problem and can be use as alternative income if bitcoin has negative movement. See altcoin as opportunity not problem that we need to destroy.
Having many altcoins for an alternative when it comes to remittance is a good thing, but for someone to believe that bitcoin is the only thing that can be trusted and is trusted, it all come down to individuals' mind. The news mentioned by OP is just about a company trying to delist the rest of altcoins simply because he has an idea about which coin is proven and which is not and it won't do harm to the whole cryptocurrency market even at the slightest.
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Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.
Should be aware of too underestimating things aswell, I've read some people with dunning kruger effect could have an inflated self-assessment towards their own capability and that's a really bad thing and being overconfidence will just become a catastrophe to oneself. It's always our ability to read the current circumstance and be aware of it before being confident. Though sometimes I think that being overconfident and greed always correlate to each other.
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The world economy keeps crashing with many incidence of inflation. What is happening at the moment is a clear indication of a world that has failed the minority. Although the underdeveloped countries could partly be blamed for the high inflation that exists in their respective economies. Would things turn around for good if underdeveloped countries start to add value to their natural resources themselves without selling to the countries with good economy?
no, it's called selfishness and selfishness only brings bad things to them. an economy without trade leads to poverty in that country. If a country is self-sufficient, then how can it grow when it is only made and eaten? when they have a surplus on a product, what do they do with it when there is no trade with foreign countries? they will certainly continue to be poor. So for poor countries, they also have to learn a lot about the rich countries' culture and continually improve production to make the country more developed. Trades is indeed necesssary for a country to grow but a country also need to make a higher valued product out of their raw materials and not just selling it off to foreign country. Most of the underdeveloped country always failed in this respective field and most of the exports are from private sector owned by foreign investors. A country can't grow without trade but will always stay poor if what they capable off is just selling things they have even worst if it's unrenewable resources.
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It's rather very difficult to have ethereum deprecate till zero. That would also be a bad thing for the cryptocurrency industry as it would imply that Bitcoin could also reach the zero mark. I do wish that issues like this don't happen as it would be a terrible blow to the cryptocurrency space.
The price of ETH doesn't necessarily affect bitcoin though but it's quite the opposite. ETH whether being destroyed or being prohibited by government across the world will never touch the zero mark, it's just simply impossible in my opinion so there's no worry about that although I know that the guy commenting about ETH's future is only predicting that the value of ETH might crumble in the future and worth near to nothing but no one knows.
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I thought in the world of technology it doesn't matter whether you are a women or a men if you have the skill and capability you will always get the opportunity. Well, if there's an article discussing this topic it means that the problem still exist. However, it just my opinion that nowadays people don't really care about gender anymore, the discrimination has now become less and less. I've seen so many women also achieveing a great feat which is further prove that the world has become more awake about the meaning of equality.
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Mining rigs easily get obsolete so i don't think its wise to keep for better days, look at those once fastest Asic miners they are now not profitable anymore, because of this i never dreamt of buying mining rigs
That's the truth, when the big miners keep on adding new rigs to their arsenal the difficulty will adjust automatically and the profit generated will become a lot smaller as well making those rigs get old really quick. The only way to seek profit from mining is those alternate coin with relatively low difficulties but nowadays it's just too rare because most of alts with low difficulty are just shit coin that have value close to zero.
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You don't have connections with deflation, that's for sure, on other side bitcoin halving will not create deflation. In economic sense deflation is a reduction in money supply, halving is reducing block rewards for miners, but in same time we expect price of bitcoin to grow, when that happens miners will get similar rewards in value. Bitcoin have many decimals and that is a game changer for the economy, we can apply many economic laws in crypto market, but we cant apply them all.
The price grows due to the halving of block reward is what people really want but the reality usually different. The price could just not move at all because the market is not really influenced by the blockchain reward which miners received. So, you just don't expect that thing to happen. Although, by halving the reward it will make people become more aware of how much their coin actually worth.
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There were many rumors in the past like bitcoin is collapsing (when bitcoin went down below 4000$ in Dec 2018), its a currency of millennials only and many more like that. Despite all opposition bitcoin after its decade of launch is still standing firmly at 7k. Its down these days and may go more down but its surely not collapsing.
Never underestimate the power of decentralization. Torrent which is P2P and decentralized despite being discouraged in many countries even local internet provider will reprimand you every time you try to connect, people still use it and even right now its popularity increases again. There'll always some people that will use it even if there's harsh law enforcement and the development of technology is inevitable.
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Well, they are really just trying to take advantage of technology and not really interested in cryptocurrencies. It's said repeatedly on many media that they said people should distinguish crypto which is blockchain product and the blockchain itself. Kinda funny because I see Chinese people dominate in the market of Crypto. Seeing them got involved in a project is not an uncommon thing but their government seem to just prohibit it.
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Some exchanges offer staking, are ensured, and have high security, ecxx for example.
It doesn't seem so secure to me. staking to exchange will always be risky even if it's the most popular exchange ever existed, the chance of the hot wallet being hacked is just too high considering that no system is safe. It doesn't matter how much people saying that staking in exchange is safe it's just not and desktop wallet is a lot more preferable.
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I know very well that blockchain despite being transparent about every transaction and record it forever which allows us to trace where the coins go, it's just not that helpful if the hackers are laundering money and going outside to another blockchain. Honestly, I never know whether we can trace where the money settles after it got exchanged in a DEX I hope that the authority could somehow unveil the truth regarding this matter and could keep in track with the stolen funds.
It's really possible that after laundering money using EOS they will repeat the same thing all over again.
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My current view is that stablecoins are doing better against the bear market. This scary bear market has lasted so long. We have to find a solution against it like stablecoins.
Doing better I guess is not the right word for stablecoin but instead just doing fine. All these stablecoins literally perform the same in term of price due to backed up by the reserved fund and bear market is only for decentralized crypto with no backup whatsoever. Even if the whole crypto market crumbles resulting in 99% lost of all the crypto value if stablecoin still has the reserved fund it will still hold the value which equal to the reserved fund and won't bear any effect from the bearish market.
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This demonstrates what a bit of marketing and hype can do for an asset and this startup isn't the only project to have received lots of attention, but it deserves this placement and hopefully other projects like it that offer a return for holding will do well soon also
Also being accepted to a popular exchange site really contributes a lot. It will give a sense of security for those who already owned it and also garner more attention to attract people for the influx of capital, therefore, increases the overall market capitalization of this coin. Not trying to exaggerate things but the impact result of good progression and recognition is what makes a project.
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Well yes that you will be secured from scammers and hackers but you'll miss lots of opportunities and i think it is part of the risk that we're taking when we enter the crypto world, it is our job to research about the project that we're investing with because once we found out that its a scam, we can warn others specially newbies about that specific project that only scams people and you could save other's money by your research.
But many of those opportunities are not real, even if there are thousands of coins in the market that doesn't really mean that you have thousands of options in which you could invest your money, at best you have something like 50 different coins in which you could invest, the rest are scams, bad projects or projects that are copying other coins. So I do not really feel like I'm missing anything because I can invest in the best coin in the market which is bitcoin and in a few other good altcoins like ethereum. Cryptocurrency could be created by anyone and It's the people themselves to choose the most suitable for them and to avoid any fishy project because it's how the whole crypto market was intended to from the beginning and also the reason why bitcoin's code is open source which mean could be forked or duplicated with different name by literally anyone with programming ability. as you said, despite the overall cryptocurrency released amounts thousands there are only very few that are worth to put our attention intoand it's because there's no filter to which project or coin could pass to the public. It's the individual and the community to decide which by showing their support to their favourable coin and ignore the rest.
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It just seems that China doesn't want any competition if they really planning to release their own crypto which is just rumour as of now or just don't want any decentralized platform or currency disrupt their economy. Considering that China is really strict in this kind of thing more specifically financial and economic things they have a big chance to take this action and maybe in the future we'll see more decentralized crypto being prohibited despite people could still illegally access it.
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I'm myself honestly never trust that kind of statement unless they are somehow already accredited and their reserved gold is audited so we know that they really have the gold or their total coin supply matches with the gold they said to have because honestly even if their price right now at the market pegged to gold and in ratio with gold it's just a market and no one really know whether the company that own the stablecoin have the real gold. So yeah, just try to observe first before buying it.
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Facebook is a big company so why you shouldn't trust them? In crypto we know, that private keys are important, but you have to look at Libra project as a centralized project - smotehing like a bank. And this bank will manage your finances.
Big company doesn't mean they won't do any harm to you. Facebook has known to violate their users' privacy and so many people are doubting this company and now they are trying to expand their reach into financial technology. Some people might see no problem entrusting their money to Facebook because they are a "Big company" in their mind but people who always get updated with the company's news know well that they are fishy but it's all up to everyone whether to trust them or not because it's their money.
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