There are also some rumors that Facebook is going to launch its own currency although I don't believe much in that.
Well that rumor has been circulating for month, Facebook Plans to Create Its Own Cryptocurrency. There's too much money to made in crypto perhaps they wanted a piece of the action. So don't be surprise in the next 2-5 years if they released their own tokens to facilitate some form of payment on their social platform. They might use it for purchasing add space instead of fiat. What wonders me is that why don't they use bitcoin? Why do they need to create their own tokens? Is it because they need funding to? |
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Hello Bitcoin community,
PrivCoin has decided to donate 100% of our profits to charities
Hello PrivCoin.  What are your monthly expenses? Is anyone in your organization paid or do you have any hosting costs? Yeah, where are you going to get funds for all of your expenses? Most project promises 100% on their investors but then it turns out they can't so near the ending they change it to 80% - 90%. This is a charity work I know, but please let's be real. |
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I believe bitcoin and all kinds of tokens will much known by many people, especially artist and their fans, ever heard of the Singaporean company GCOX? They create tokens for an artist. These tokens are used to purchase merchandises or donate to that artist.
It will be a great move for crypto I believe.
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I think bitcoin will not be suitable for businesses because of its volatility. Sad but it's true. lack of regulations are the biggest problem we have today That's one of the points also. Generally, governments don't know how they will regulate crypto and so they have this tendency to not allow businesses to use it. I wonder how they do it Germany and Spain. I heard that some establishments there use crypto, bitcoin, for payments. |
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Locking Thread no answer found.
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I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
I would suggest to first learn the basics of Technical analysis, learn the basics of charting, learn what each candle tells you and how the support and resistance works. And then when you feel you are ready, (you will know by testing your skill, read charts) 2nd step is to know and improve your emotion. Put and keep only the money you can afford to lose. But not to actually lose it, but to clear your mind about it and start thinking only based on the charts and technical analysis. no FUD, no FOMO just pure analysis. |
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I think bitcoin will not be suitable for businesses because of its volatility. Sad but it's true. I'd rather use bitcoin as an investment. I look on bitcoin like gold. The longer I hold the higher the price will be.
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Blockchains promises are real and are doable. However, in order for it to be used mainstream by almost all people, automatically, it will need to be user-friendly. As user-friendly like, when someone sees it they already know how to use it.
It is not that far though, we are close to it, technologies such as Sp8de's RNG Chaos uses blockchain for raffles, competition with randomness and lotteries. And you are always welcome to audit the process thru blockchain.
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They both are measured based on their market value and of course fiat. So I think in most cases there will certainly be a comparison to both of them. Thru how easy they can hoard it to how much profit they had from it.
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So does this mean China is into mining again? I thought people in China are not allowed to do mining?
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Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?
For me, this is much useful for analyzing how the market will go. By understanding how the giving and receiving of humans in the market goes investors or even entrepreneurs can make more profit out of it than the normals. |
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I think Technical and Fundamental analysis is one form of predicting how the market will go.
If you are saying that we should not do this, then I disagree. This is how traders profit from any market. By predicting how the market trend will go tomorrow, putting position today. Without it we will be pointing on something that we don't know, betting or gambling in the market.
So that is why predicting is normal and is needed.
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It has its pros and cons.
The positive side is that for a trader the more the coin there is the better chances of winning. Especially on those startup coins. They can give lots of room for profits.
The negative side is that most of the coins are just there for us to speculate. Over time, It overpopulates the market with coins that don't have value.
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I'm not a professional bitcoin trader but I guess the best way for you to do now is to hold. But if you have the skill to ride waves, as bitcoin is stable nowadays, you can ride them to profit out your day.
Trade sideways.
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I think the government is doing this so they can have ample time to experiment and think of ways to apply taxes and regulations to bitcoin. I think they have accepted long time ago that bitcoin will stay forever they just need a way to regulate it.
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Simple advice never trust anyone on the internet. Especially if you don't know the people. It's the first time I heard this kind of bounty task scam, thank you for sharing.
Better be vigilant next time.
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I am really curious about habeb's post if that is really the address of satoshi. Upon checking then it has only 66btc in its wallet as i final balance therefore what op said is wrong that currenctly satoshi has more than 900btc in its pocket.
Tho i would love to look the address that was given by habeb further to investigate.
Are your referring to this address? 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa (Genesis Block). Initially it has 50 BTC. Perhaps you will asked where does the 16 BTC come from? Well, you wouldn't believe but people are sending donations to that address, maybe to show their respect to the Satoshi. Those 16 BTC is spendable, assuming that Satoshi still have the private key. Is this satoshi's official bitcoin wallet? As of now, I visited the wallet address and saw there are still people giving some bitcoins to this address. This is the first time I encounter the bitcoin creators wallet and sadly the owner is dead and gone.  I hope he's/it is not dead. I think these are just the institution accumulating bitcoin bits by bits. Who would send bitcoin from an unknown address just to thank? knowing that these addresses are not even moving anymore? |
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Maybe most of the whales are the early adapters and investors on Bitcoin that's why they hold tons of it. I don't think that they know each other because it is a threat to their security and life if other people will know that they are holding a huge amount of Bitcoin.
Do not be naive. I truly believe in global conspiracy and by this theory all whales know each other, well, probably the most of them. I just wander for the reason why the most of whales are still holding bitcoin's, does that mean that 20000 $ we saw last year is not the limit? Do you mean holding bitcoin from dropping more than 6000usd? If bitcoin can't go down that much maybe someone is accumulating. If all are selling and the price won't go down there may be someone planning to explode this thing. It's like history repeating itself. |
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Most of this ICO projects are there to be traded not actually to be used, as it's meant to be. Still, BTC and ETH which are the common cryptos are mostly and will be, accepted in the near future because of its stability, strength, popularity, and long history.
I don't see alts replacing bitcoin anytime soon.
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