Bitcoin and cryptocurrency in general will only advance if people actually use it for more than speculation.
In the past we've seen lots of retailers enabling bitcoin and other cryptocurrencies in their checkouts, and then been disappointed that hardly anyone has used the function. And we have had some orgs like Steam disabling bitcoin and giving up on it.
So how many people on here have actually used cryptocurrency in real life?
I'll start: I haven't used bitcoin (because I consider that savings), but I have used dogecoin to buy gift cards and bitcoincash (BCH) to deposit to a betting website via BitPay.
Anyone else want to share their experiences?
When I had purchased my first Bitcoin, the price was about $600 at the time back in 2014. Then the price fell and continued to fall. I figured It's only going to get worse from here and decided to use the rest to buy pizzas and a few knick knacks off of Amazon. Then the price shot up  |
|
|
|
why many of so-called blockchain projects these days are scammers, is this was motive behind the technology? many real investors are not confident to participate due to fake blockchain projects all over the internet.
what are your views
I think there really may be just a handful of decent projects these days. A lot of projects crop up most likely to make a fast buck. If you were to check the coinmarketcap you would find that there is a ton of shit coins. There are so many that it makes the legitimate projects look suspect. When ever there are opportunities for innovation, you will find there are an equal amount of scams as well. |
|
|
|
I really don't think Mr. Jeffrey Epstein was who they (the mass media) portrayed him to be, sure he might have been pimping young girls (jerk), but there has to be more to the story. What's with that israel flag colored temple on his Lolita island, what kind of services or rituals took place in there? If I'm not mistaken, the news ruled his death a suicide correct? Now this physician comes out that he may have been killed. I don't know who to believe anymore  |
|
|
|
Why you dont create a thread or several threads for each major country and a thread for the others country from where people could relay the important news of their country, or the current feeling of banks politics and governement politics regarding cryptos in their country.
In France its difficult to buy crypto
Im living in france and currently the banks are very strict when people are trying to buy crypto, they are intentionally saying bullshit to discourage people to buy cryptos, they decline our virement or credit card transaction when they detect an attempt to buy crypto i have so many examples...
- A friend who bought crypto with his credit card, transaction has been refused saying he dont have the right to buy it, he has been summoned by the bank, they said crypto is dangerous, risky, a lot of people lost their money, bla bla bla....
- A friend who made a virement to coinbase of 10k, the virement has been declined, the bank asking why he wants to buy, crypto is dangerous, etc, they are asking a lot of documents, they are intentionally doing the administrativ process slowly to discourage us, and in the mean-time, 3 months past, bitcoin already went up, the 10k should be more than 20k.
We are forced to create online bank account or mobile bank account, we can spend on money on such stupid things, we can buy car that loses his value after months and years, we can even give 10k to a random guy but they wont let us buy crypto.
But yesterday we had a really good news in france,
15.000 french store will be partner with a crypto consumer app at 2020, we will be able to spend our money on famous high tech stores, clothes, cosmetic, furniture, etc...
Why this news is important ?
Today in france you cant physically buy the latest Iphone or Mac book pro using crypto, and i even doubt its possible online, the once way is to sell your crypto before to spend in the stores.
With a consumer app you will be able to spend your crypto.
If im not wrong, selling bitcoin to buy something in fiat isnt same than buying something direclty using consumer app regarding the daily crypto volume and market.
In france we had a new law few years ago regarding the paiement in cash, it has been limited to 1k euro everywhere, so people doing illegal activities and having cash would exchange it to crypto to be able to consume in store.
To conclude
Here is my feeling of the current banks politics in france regarding crypto and here is the latest good news in my country, what's about your countries guys ? do you have anything important to relay to us ?
Is there any sites that regroup all the country news ? (i didnt find), or may we have a list of sites that group news for each country ? (here is the major crypto news site in france journalducoin.com ).
We can easily find the crypto news about big country as US, china, russia, but if we could regroup all the news of little countries that would be helpfull for traders.
Bakkt consumer app coming soon in US (we have the news everywhere), new consumer app coming in france (we have the news only in french site), maybe there is many others countries that will have consumer app in mid of 2020 ?
The united states seems to be one of the number one hubs for policies and heavy decision making. Usually other countries proceed cautiously waiting for the U.S to make their decision first before acting on it themselves. Just look at the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission), they have heavy influence around the globe. Think about how many ICO's were taken out by U.S based regulatory bodies. You should check out coindesk as they have daily up to date information regarding the law and other crypto news around the world. They're my number one source for all crypto related news, especially for up to date regulations and policies. https://www.coindesk.com/ |
|
|
|
|
While I agree with you that these blockchains helped paved the way for future chains, your forgetting one of the most important blockchains, the EOS blockchain and their Delegated Proof of stake consensus algorithm. Didn't EOS solve the scalability problem? EOS segued the new way to use proof of stake. Other Blockchains have completely copied there model. Look at TRON and IOST. I believe that if Bitcoin is considered blockchain generation 1.0 and Ethereum is considered blockchain generation 2.0, then surely EOS is blockchain generation 3.0, no?
|
|
|
|
I don't think it's Bitcoin that they should be adopting at all. It's slow and Facebook will want some sort of control over it, with Bitcoin, they can't.
We've seen one of the Facebook blockchain devs (David Wong) singing Algorand's praises in recent weeks (not to mention interest amongst top banks too), maybe exploring their tech could be the way forward...
Who knows where this is going, I don't really think we need Libra to be honest. There's plenty of other platforms that make more sense and have already established a footing in the DeFi space (Algorand mentioned above, Ethereum/MakerDAO obviously).
I don't agree, with Facebook adopting Bitcoin and abandoning it'a Libra project because Libra is it' s own platform, one that Facebook can exhibit some bit of control over. For one, Bitcoin is a proof of work coin that acts as a store of value. Bitcoin's price swings violently and this kind of volatility would cause consumers to panic and abandon the idea. Imagine their Libra coin values dropping just a few dollars, a mass panic would ensue! I don't believe it is suitable enough for consumer adoption. Libra is backed by low volatility assets meaning the price will stay relatively the same, something consumers who use Facebook's various social networks can stand by. They already have a fully developed platform backed by big names (not if they pull out). The only thing that is stopping their progress from mass adoption is congress. I don't think congress is ready for what mass adoption entails. |
|
|
|
Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved with crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
I first became involved in crypto-currency way back in 2014. I had been aware of it since 2012 but did not get involved. At the time I had thought that Bitcoin was an alternative to E-Gold and I stupidly overlooked it and went about my business. I was young and still in school. I didn't initial buy my first Bitcoin until Coinbase exchange was up and running for a while and even then it took around 5 business days or so to receive it. I'm so stupid, I missed out on a golden opportunity, then it wasn't long until I came across Ethereum. There were so many alt coins I thought Ethereum would come and pass like the others and decided to go check it Digi-bytes instead.Now ethereum is trading around $180. :- |
|
|
|
Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15.
The company plans to hold Bitcoin and value the shares of the trust according to the Chicago Mercantile Exchange Bitcoin Reference Rate. The cryptocurrency will be held at an unspecified third-party insured custodian that is also regulated under the Investment Advisers Act of 1940.
The SEC filing also details that the Trust will hold Bitcoin “in seeking to ensure that the price of the Trust’s shares is reflective of the actual bitcoin market.” However, the Trust will not purchase or sell bitcoin directly but will acquire it via shares called “baskets.” Read more of this news here...Of course, winner never quits and quitter never wins. After many rounds of rejections of ETF applications suffered by different proponents, here comes another entry and this time around by the Kryptoin Investment Advisors and is going to be called Kryptoin Bitcoin ETF Trust. The strategy here has become throw all the gel you've got and soon one will eventually stick on the wall. But are we really that excited of the prospect of this getting approved or has this become just another routine and a boring one? And in the first place, do we really need an ETF? Hell the way that I see it is this, companies should continue to throw ETF's at the SEC in hopes of one finally being approved. As of late, the ETF proposals have been put through the ringer and they've been rejected for well over a year now. The SEC regulatory body has cited the potential for fraud and heavy market manipulation (still a problem) as its main culprit for all of the denials. The financial researches have heavy doubts about one being approved before the end of the year . Here is an article from CNBC explaining further, just a hypotheses though https://www.cnbc.com/2019/10/15/bitcoin-etf-hits-another-snag-and-approval-wont-come-anytime-soon.html |
|
|
|
“Because Bitcoin is open source software, its possibilities are boundless. I often talk about gold as a target market cap, but that's really just the beginning...it's digital gold, source of truth, etc…”
Cameron’s argument aims at going beyond the commonplace analogy of Bitcoin with gold, whose proponents compare the scarcity of the precious metal with Bitcoin’s finite supply to emphasize the cryptocurrency’s role as a digital store of value.
While accepting this perspective, his accent lies on the revolutionary potential of the cryptocurrency’s open-source software, which establishes a decentralized digital public record of transactions that is immutable, secure and anonymous: a shared, single source of truth.
In information systems, a Source of Truth (SOT) is a term used to denote a trusted data source that gives a complete picture of the data object as a whole.
Read here from the source...So we are not talking about Bitcoin's scarcity but also its integrity. The article above is talking about the "roughly 1,000 fake gold kilogram bars were found in the vaults of major banks such as JPMorgan Chase..." which is not astounding to me but considering that we are talking about a big and reputable institution like that then this can really be raising many eyebrows higher. With Bitcoin, it would be so hard (or maybe impossible) to make a fake one and have it circulated and be accepted as genuine. Maybe the best reason why CW is using all the opportunities he can to hammer the message that BSV is the genuine article. With Bitcoin, we are standing with the truth, the whole truth and nothing but the truth. May the source be with us... I love these two guys, they've been through a lot in there college days. Having old Zuckberg rip them off like that way before he was famous for stealing the Connect-U idea in order to create Facebook. I know they were really well of way before the critical acclaim from the Facebook story but it is good to see the two brothers leading the way in the pioneering of Bitcoin and cryptocurrency. I'm sure their Bitcoin exchange Gemini has earned them more then they settled with in dealing with Marky Mark and the Facebook bunch. Wonder twins powers, activate! |
|
|
|
Strange as it may seem but Satoshi finally Sent the Alert(with Alert Key) Three months ago and i never see that Bitcoin People and News Papers tell this news! Satoshi:"I am not CSW. Unlike me, he can't sign with the Bitcoin alert key." On June 15th, 2018, Bishop tweeted the following( https://twitter.com/kanzure/status/1007441372209655808): Satoshi alert key's signature of sha256("I am not CSW. Unlike me, he can't sign with the Bitcoin alert key.") -> 304402205d9ee1b1697ce3722b92a0931aae10fb76ab07a624d61b27ba5af39e85a1653d0220520 ed2e30ed1c89e5c876a4e7e8f9b04a8b43c3a37b55623cae964b3938f779a if you want to search in the internet you can see the few websites that tell this news. in this link https://web.archive.org/web/20110716145132/https://en.bitcoin.it/wiki/Protocol_specification#alert you can see this: A signature which can be confirmed with a public key verifying that it is Satoshi (the originator of Bitcoins) who has "authorized" or created the message
The signature is to be compared to this ECDSA public key:
04fc9702847840aaf195de8442ebecedf5b095cdbb9bc716bda9110971b28a49e0ead8564ff0db2 2209e0374782c093bb899692d524e9d6a6956e7c5ecbcd68284
(hash) 1AGRxqDa5WjUKBwHB9XYEjmkv1ucoUUy1s (this address owner is satoshi nakamoto.) Now you can Verify this Message(in the client or electrum or anything else): Message: I am not CSW. Unlike me, he can't sign with the Bitcoin alert key. Address: 1AGRxqDa5WjUKBwHB9XYEjmkv1ucoUUy1s Signature: HA9fB+p1bFIp6V2CddLKzNm7SQDhnhpSYyVO4sVuDgbFA+h03lW8hdEGBqlZBzwsQ6rmuOZgWPkjVEu44kAOSRY= Result:true please send your feedback The thing i can't seem to grasp is why everyone assumes that Satoshi Nakamoto is really just one guy. Even if it turned out to be true that it is one person, do you really believe that he would reappear and activate a key? I'm probably very wrong and your guess is as good as mine as I've only been here for a few years (since 2014) whereas he started the forum 10 years ago back in 2009. I'm not trying to discredit the guy in any way but I strongly believe he wasn't working alone. Bitcoin came just in time after the recession in the U.S. It seems almost too good to be true. He was a very paranoid guy according to those whom he outsourced development work to. We've even had a mishap by chastising that poor Asian gentleman in the U.S who happens to have the same name except his name was "Dorian Nakamoto." |
|
|
|
http://fintechist.com/understanding-fintech-blockchain-technology-is-the-future/When discussing how people can change the financial landscape for good, there is one flaw to be found in most theories. No matter how easy companies make it for consumers to use traditional payment methods, there is no real innovation to be found in that regard. Coming up with completely new payment options, which do not rely on traditional financial infrastructure, is true FinTech innovation. Blockchain technology will play a major role in achieving that goal. I agree, modern day finance is the standard and it's tried and true but as technological advancements increase the further behind the old system becomes. The reason why Blockchain and Bitcoin are so controversial is because it takes modern day finance and completely flips it on it's head. Blockchain is a complete paradigm shift because the old technology relies on the old centralized authority model wheres as Bitcoin and blockchain offers transparency and decentralization taking away some control from the authoritarian financial institutions. I believe this is why congress is giving Zuckerberg such a hard time because Libra would be a literally financial sector disruption. It's putting the investors on the edge about staying aboard because as of late many are jumping ship. |
|
|
|
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon. Source: TheCoinRepublic Sounds like great news, though I still don't quite understand fully how the implementation and methodology behind Ethereum staking yet, but I did watch a video or two about it. Everyone is excited and has been saying that we've finally returned to a Bull market, I wouldn't put all of my eggs into just one basket of course! The price of Bitcoin went up a little and so naturally some alt coins were soon to follow. I doubt I have enough Ethereum for it even to be worthwhile staking, but for the people that will benefit, Kudos! Hopefully the Bull will stay here for a little while! |
|
|
|
I can see a lot of applications for trading cyrpto-currency on Apple devices. I don’t have any apple devices with me currently, so are any trading platforms that work on Android on the Google Playstore?
There are numerous trading platforms available for android phones within the Google Play store. Before you download any trading apps, it would be wise to consider what country you are residing in because most likely the trading app is only an extension of an actual crypto-currency exchange, and some are restricted to certain areas. You will have to register on an exchange platform in order to make trades on any app if you haven't done so already. If you reside within the United States, then Coinbase would be an excellent Exchange to start with. Binance is one of the leading exchanges in the world, they offer the most benefit. Perhaps you just want a simple mobile wallet to issue trades between wallet addresses? If so, there are also plenty of storage wallets available within the Google play store. |
|
|
|
|
I wholeheartedly agree that the world may not be ready for a cryptocurrency as a store of value. Cash is way easier to handle for the common Joe's of society. The only way that I can see people running to cryptocurrency is for a major institution to introduce it to the public. I Don't like the fact that Libra is centralized but it may be the only hope for the entire world to be educated about crypto. I've always wonder how would I explain the concept of Block-chain and Bitcoin to my grandparents or the younger generation without putting them to sleep.
Many people won't touch cryptocurrency period unless it has an institutional stamp of approval on it. The people that I do see adopting are the impoverished who have nothing to lose and tech enthusiasts. Libra could be that answer that get peoples feet in the water. Whether they decide to take the plunge is up to them, but at least their feet will be wet.
|
|
|
|
I have brave browser on my desktop just a few days ago and had my wallet verified but when i install it on my android phone i cannot find the option to log-in my verified wallet from desktop browser, anyone knows how to connect the same wallet on brave browser from desktop computer to phone?
The option to cash out your Brave ad revenue rewards is not available yet for mobile device, at least not for android Even the option for the PC based web browser has been delayed. In order to successfully cash out your rewards you have to do the KYC/AML procedure through a third party platform Uphold. Once upon successful completion of KYC information you should be verified. Even then you will have to wait until November 1st for your Uphold wallet balance to be synchronized with your browser. Proof of Reference: https://community.brave.com/t/different-balances-shown-in-uphold-wallet-and-brave-browser/86549 |
|
|
|
I have checked the richlist recently, some of them are from exchanges. More than 50% of BTC are holding by the top 50 people or so. Can't remember the amount though. 61% BTC is held by 16237 addresses.
I have two question-
1. Exchanges are being the giant although BTC holding by them are from customers. Still it's possible that they are trying to be a controller of the crypto community which is very bad I guess.
2. If top 50 people hold 50% of BTC and BTC becomes the global currency, we may face once again the previous era. Being slaver to certain people.
Think at from the point of macro economy. In my opinion, it's something we need to talk.
I doubt Bitcoin becomes the worlds global currency, it's slow and expensive in more ways than one. Transaction costs are especially high, even on exchanges, and Bitcoin is a major power consumer for miners. I do believe the only reason Bitcoin is still here as number 1 is because it hasn't meet a true successor yet. Some people say that Ethereum has answered that call and is the true successor of Bitcoin. It's a nice addition of course with the introduction of smart contracts but not a successor when it depends on Bitcoins success to thrive. When Bitcoin prices fall in the market, Ethereum follows right behind with it, as do all altcoins except for stable coins. |
|
|
|
You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.
You could also be the genius behind its worldwide adoption. How?
By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas).
Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.
Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).
Sounds like you begging for a handout. I really don't think Satoshi is around anymore unless he's lurking the forum. I seriously doubt he ever comes back around, it would take away from the mysterium and legacy he's left (assuming it's just one guy). He already made the project open source, what more could you ask for? |
|
|
|
I get being annoyed with people who are so blindly gung-ho about one cryptocurrency that they refuse to acknowledge that any other crypto could possibly have any merit, but comparing that to racism? That's a bit much.  Bitcoin Cash’s Roger Ver compares Bitcoin maximalists to racists and says the Australian Government is too unreasonable to let him visit. Bitcoin Cash main man Roger Ver has zero time for Bitcoin Maximalists. Maximalists are, of course, the hardcore fundamentalists of crypto – true believers that the one and only true coin is Bitcoin and that all other projects are by definition ‘shitcoins’. “I think it’s kind of like a form of racism and tribalism. It’s like: ‘oh, my group is better than your group’,” he told Micky. Read more: https://micky.com.au/why-bitcoin-maximalists-are-like-racists-according-to-roger-ver/ I'm not sure where to start, this happens to be a quite terrible analogy. I understand what he means or or is insinuating (at least the jist of it) but it definitely came out wrong. I think he's referring to how biased many people can be within the crypto community, when it comes to being an advocate of certain coins and features. I agree a lot of crypto enthusiast see the majority of alternative coins (besides Bitcoin) as shit coins. I think Satoshi Nakamoto created Bitcoin as a proof of concept to demonstrate the potential capabilities of the Block-chain. I think is nothing more than a proof of concept for other system to be modeled after it's likeness and image. If it weren't then why release code that was open source? |
|
|
|
 I immediately thought you were referring to The Legend of Zelda when I seen the words Triforce in the threads title. I got super excited then realized it's most likely from crypto related content. There are numerous online platforms of similarity to Triforce and their tokens. The best part about this project seems to be that fact you state it is backed by the UK government, but I think I'll do a little more research to find out.
|
|
|
|
Okay, this may seem silly.
No cause or effect is ascertained by this poll!
Regardless...
Someone recently pointed out that people in the crypto world are likely not typical consumer "TV watchers."
Is this true or are we the same as the rest?
Any suggestion on how to handle international outside of USA?
To speak for myself, I don't watch a lot of television broadcasting stations and got rid of cable years ago. I'm more of a streamer than anything. When I do watch TV it is usually Netflix or Prime Video through the Roku Box or the Amazon Fire-stick. I find my self watch documentaries or 1-on-1 tutorials or guides on YouTube and try to keep my viewing habits to educational programming if possible. Every now and then I watch a fw music videos. I usually watch TV in the morning just for the local news in order to find out whats happening around my neighborhood and the surrounding areas. |
|
|
|
|
Show Posts
