Bitcoin Forum
July 02, 2024, 06:43:50 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 »
41  Bitcoin / Bitcoin Discussion / Re: There is no FUD. There is only denial. on: February 13, 2018, 02:38:49 PM
No, some news were real FUD, like the "Ban" from India, or everything about Tether. Tether's liquidity was only negative speculation, there were no proven facts behind. As some people spread this without proven facts, you can consider this as FUD.

Just check what the term FUD means ("Fear, uncertainty and doubt") and you'll see that indeed, these negative news based in speculation facts are indeed FUD. As people always take more attention of negatives news, these kind of news works always well.

We had the same kind of news back in 2014, with a possible China ban, a possible Russian ban, and this had the same effect. Generally, these news vanishes as quickly than they appeared
42  Local / Hors-sujet / Re: Arnaque on: February 13, 2018, 12:56:00 PM
Faut partir du principe qu'on finira forcément par se faire avoir quelque part. Je connais personne ici qui est là depuis des années sans jamais s'être fait niquer quelque part.

Du coup vaut mieux éviter les all in, on est d'accord  Grin Que ce soit au niveau d'une crypto ou tout mettre sur une seule plateforme.

Perso j'ai surtout morflé y'a des années, avec Mt Gox, Sharexcoin, Mintpal (Bien que la team Fluttercoin avait bien géré en collaborant avec Mintpal pour récupérer les FLT coincés).

43  Bitcoin / Bitcoin Discussion / Re: What Happen if most of county banned Bitcoin?? on: February 13, 2018, 12:14:57 PM
Avoiding crypto doesn't mean it's forbidden to buy or use. Russia tried to ban bitcoin a few times in the past, with more aggresives news, but nothing happened except some FUD and a small crash. That's the same with China.

Seems like it's countries themselves that does the biggest FUD  Tongue

If most countries ban Bitcoin, users will continue to use it and trade, but of course, the price will drop much lower as the dream of a mass adoption will vanish. It will be a bit harder to enter or cash out, but using localbitcoins will never be impossible, as users to users transfers will never be forbidden.

Others platforms that allow us to directly send money will have some problems, and if using an exchange is forbidden, we could use decentralized exchanges. There will have always a solution.  Smiley
44  Bitcoin / Bitcoin Discussion / Re: Look back and move forward on: February 13, 2018, 12:06:09 PM
This always feels like it's too late, but until now, bitcoin has been every time cheap when we though he was too late  Cheesy
45  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is 42 coin?why it to big? on: February 13, 2018, 06:38:23 AM
It's a dead coin. We could easily create an useless coin with 1 coin total supply, it would easily worth than a bitcoin, because we would need a total market cap of 8000$ which is really easy to reach.

Take a look to the market cap, this is much more important.
46  Bitcoin / Bitcoin Discussion / Re: 60% of world population cannot access computer so Bitcoins will fail. on: February 12, 2018, 02:44:11 PM
You don't need a computer, a mobile device is enough to get some bitcoins. Around 50% of the world population have a access to internet, this number will progress over time and bitcoin needs time too to progress, so that's still fine  Smiley

I remember there was a solution, years ago, which gave it possible to send some bitcoins through SMS. Does this still exist ?
47  Bitcoin / Bitcoin Discussion / Re: Nvidia CEO Huang: Crypto Is Real, The World Is Coming to Terms With It on: February 12, 2018, 02:35:59 PM
Sure, that is like gold mining, you get better rewards by selling pickaxe than mining gold  Tongue Let's just hope nvidia will be able to answer to this demand, because currently, graphic cards price is exploding...
48  Economy / Speculation / Re: Guy we must stop crypto/btc FUD :( we need to start campaigne. on: February 12, 2018, 10:18:54 AM
To stop fud spreading you just need to stop taking care of BTC price  Wink
As fud is based on fake informations to manipulate the market, the only impacted people of these fake news/facts are people who are afraid of price dumps. And because of fear, this is these same people who spread themselves these informations.

49  Economy / Economics / Re: Do you see the connection? on: February 12, 2018, 06:03:59 AM
Bitcoin, since now, has been mostly seen as a store of value, even in the case of a financial crisis. In 2013 during the cyprus crisis, the price rocketed in march and people started to rush into bitcoin, the price went from around 12$ to 250 at the end.

So in my opinion, a crash in the stock market would benefit for bitcoin price.
50  Bitcoin / Bitcoin Discussion / Re: An open letter to Paul Vernon aka "Big Vern" - Cryptsy on: February 11, 2018, 07:12:12 PM
Cryptsy had some red flags before its closure, I remember some people saying on this forum that there was something wrong. I feel sad for you, I think you've been not alone with a situation like this. I have a friend who had 50 ETH on Cryptsy, I know it wasn't that much (200 or 300$, don't remember exactly), but that's all he had in cryptos. These 50ETH are now 40k$, so yeah, he's a bit frustrated too.

Sadly Cryptsy closed a bit too early, if this happened now, the situation wouldn't be the same.

Do you want to come back in cryptocurrencies with your 10k$ ? I know it's not worth the 98btc you had but maybe you could be able to recover a small portion of what you had Smiley
51  Bitcoin / Bitcoin Discussion / Re: I used to own 10,000 bitcoin... here is how I lost it all. on: February 10, 2018, 07:51:30 PM
Crazy story. Do you still own the usb key and did you try a file recover software ?

BTW, don't blame you, I just want to say that if you took care of these BTC, you would had already sold them a long time ago. Even with a BTC at 10$, or even 1$, you would have sold them, because nobody could have prediced this infatuation, and you would be already happy with a profit like this one. You know, that's the same with ETH. At the ICO price (or not ICO, I don't remember what was the good term when they did the presale), 1 BTC was equal to 1667 ETH. This wasn't expensive, and currently I know nobody who still have an amount of this kind of ETH.

Almost nobody still hold the amount he bought some years ago. So forget about it, just ask you this question : if you had these BTC, for which value would you had sold them ? And the answer is easy, this is not 20k$, not even 1k$, and not even 100$, but something really under. So no, even if you didn't lose your wallet, you wouldn't be that rich.

Keep on, the true richness isn't about money.  Smiley
52  Alternate cryptocurrencies / Altcoin Discussion / Re: NEO, TRON or IOTA? on: February 10, 2018, 11:52:13 AM
The strongest one would be NEO, followed by IOTA and TRON as last. Remember that Tron is mostly hype and still only a concept.
53  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you been scammed? or almost? on: February 10, 2018, 10:56:44 AM
I've been scammed a few times since I was here. It mostly happened a few years ago :
- Sharexcoin was a cryptocurrency exchange a long time ago, the guy ran away with the coins. This was nice project with its own cryptocurrency (like binance coin). It was promising until the guy left and closed everything  Cheesy Lost 0.3 BTC or something like this. Sadly this was almost everything I had left at this period, so I really felt bad.

If we consider exchange closure as scam :
- I lost 0.15 BTC on MtGox, I didn't really care as this wasn't such value
- Lost a bit on cryptsy closure, don't know how much but I had almost nothing on this exchange.


- And I wanted to invest in coindash, but there was some red flags, like a wrong certificate on the website. I've chosen to not invest, which was a good choice. Seems like the devs weren't scammers as the project is still here, so the website was maybe truely hacked.
- I installed once a wallet which had a virus, fortunatly this was on a VM so I lost nothing   Tongue


... And lost a lot in pump and dump in 2014, I was completely newbie and these pumps were much more agressive than now.
54  Alternate cryptocurrencies / Altcoin Discussion / Re: is it safe or risky to invest in Doge coin? on: February 10, 2018, 10:40:15 AM
Currently I would suggest you to wait a little bit. I always buy my dogecoin under 40 sats (20 sats if you can). Dogecoin is really periodic and until now, these cycles were always doing ~20-40 sats to ~80-160 sats.

It's a good cryptocurrency if you follow correctly these cycles  Wink Beware, of course we can't predict the future so these cycles could break and dogecoin could be deeply forgotten, as this is a cryptocurrency where only the community counts, there is no innovation or real development behind.
55  Economy / Economics / Re: Theory: Stocks profits soon to be dumped into crypto on: February 09, 2018, 05:55:16 AM
Nice theory. But do we really need this money ?

We're fine with a BTC at 8000$. We need to get a price stabilization to discover new projects that will rise. Currently, the market is really boring as all altcoins are following BTC like sheeps.
56  Bitcoin / Bitcoin Discussion / Re: What is the real circulation of Bitcoin? on: February 09, 2018, 05:21:39 AM
There is this study where they calculated the amount of lost coins : http://fortune.com/2017/11/25/lost-bitcoins/

But I don't really agree with their percent lost on long time holders and this is only an estimation. Anyway if we follow their study, we have ~13m BTC in circulation, which gives a market cap of 104bn$ at 8000$ per coin.
57  Other / Beginners & Help / Re: does mining cost affect btc price? on: February 08, 2018, 08:42:22 PM
No, in fact the price can drop below the mining cost. If this happens, some miners will stop or reduce mining and the difficulty will be reajusted. Don't forget too that the mining cost isn't the same in all countries, so some countries will stop mining before some others.

Currently, with a block reward of 12.5 coins every 10 minutes, 1800 BTC are created every days, which is worth 14400000$ at 8000$ per coin. We can't compare this with daily transaction volume, because daily transaction volume isn't the real amount of money invested every days.

You might know too that we didn't needed 141bn$ to get the 141bn$ market cap, real whole amount invested in bitcoin is much lower. In this article, the author calculated we had around 10bn$ really invested in cryptocurrencies: http://jamescrypto.com/the-difference-between-inflow-and-market-cap-and-how-it-relates-to-tethers/

Anyway, the market must afford 14.4m$ of sold coins everydays, this doesn't seem that much but if you multiply by 100 days, you'll see that we are at 1.4bn$, which begins to be a big number versus these 10bn$ total investment. This is is why you can consider that indeed, mining cost must be influent for BTC price.


58  Alternate cryptocurrencies / Altcoin Discussion / Re: China wants to ban bitcoin…again to create their own cryptocurrency exchange? on: February 08, 2018, 06:35:53 AM
China always try to ban or restrict bitcoin when the price rises too much. This already happened in 2014 and finally, once their chinese investors got enough coins, their position changed. I've been always wondering if some chinese investors weren't in the governement and trying to make fud to buy lower  Grin

Anyway, indeed, they could create their own exchange, but that couldn't protect them against decentralized exchanges that will progress in the next years.
59  Alternate cryptocurrencies / Altcoin Discussion / Re: A different perspective on KYC for bounties on: February 08, 2018, 06:00:51 AM
I would say requesting KYC at the end of the bounty campain is a scam itself, so I wouldn't give any documents to a company that start their business by hiding their conditions.

KYC is NOT useful in bounty campain. I don't even understand how people here feel happy to give their personal informations to unknown people who can steal them  Roll Eyes It doesn't protect for multiple accounts as people can register on two different campain to avoid that.
60  Bitcoin / Bitcoin Discussion / Re: The security of cryptocurrencies is an issue for some people. on: February 07, 2018, 06:10:57 AM
In fact with exchanges, this is different than with banks. If an exchange is hacked, your coins are gone and you can't recover them. With banks, you have insurances that helps you to get back your money.

People need insurances, this help them to feel safe, so if there would exist an insurance system for cryptocurrencies, that would help to democratize de system. It's really hard to create an insurance system with cryptocurrencies as we can't create coins on demand, and we can't manipulate the blockchain without a fork  Tongue

We all prefer to store our coins on our own wallet but mainstream people will prefer online services for the easy to use. That's why these services must learn how to protect users correctly even when they get hacked...  People don't care if it's the cryptocurrency itself or the exchange that failed, they just know the fact that their coins are gone and that's why every links must be securized.
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!