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41  Alternate cryptocurrencies / Altcoin Discussion / Re: BITCOIN vs ETH ? Your thoughts? on: June 03, 2018, 08:21:55 AM
Bitcoin and ETH are both driving the innovation in Blockchain technology. Both are under the extreme forces of the market, high rate of price-volatility. However, ETH is more stable than Bitcoin, and with its smart contract makes it possible to innovate, test in real-time, and run on the existing Blockchain or build a new Blockchain from the results of the smart contract.
42  Bitcoin / Bitcoin Discussion / Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why. on: June 03, 2018, 08:07:29 AM
Blockchain technology is here to stay. Cryptocurrencies are based on Blockchain.
To shutdown cryptocurrencies, blockchain technology must be shutdown first.  
Shutting down Blockchain technology will make a nation to become a big 'loser'.
43  Bitcoin / Bitcoin Discussion / Re: Can Blockchain Survive Without Bitcoin on: June 03, 2018, 07:57:07 AM
Blockchain technology will outlive Bitcoin.
44  Economy / Speculation / Re: Price manipulation on: June 02, 2018, 08:56:57 PM
Price manipulation is a reality, and in part the root cause of extraordinarily very high volatility. Some say it is inevitable but there can be some checkmates and moderation to make the ecosystem healthier.
45  Local / Альтернативные криптовалюты / Re: [ANN](ICO)[EOS] - Децентр. операционная система on: June 02, 2018, 08:41:15 PM
EOS приложил немало усилий - уважение

волатильность цены или стабильность цены?

https://bitcointalk.org/index.php?topic=4394710.msg39139333#msg39139333

вы голосуете!
46  Economy / Speculation / Bitcoin Price December 2018 on: June 02, 2018, 03:07:25 PM
Some analysts are of the view that Bitcoin Price could reach a peak in December that is double the price now?
47  Alternate cryptocurrencies / Altcoin Discussion / Re: How we can stop scam ICOs lanching? on: June 02, 2018, 02:39:35 PM
After careful study of most ICO projects, it is found that ICOs are not really needed to advance their courses. For a few, ICO is a genuine path to advance their programs.

How do you stop ICOs launching?
- It is not worthwhile to aim at stopping an integrated function by a Blockchain  technology. For an ICOs  based in the US, you may be able to get restitution if you take action BUT only after the perceived scam. But remember, most ICOs have warnings on their websites and they will use it to defend their ICO actions.

- It is more worthwhile to mount effort in educating people about the basics of cryptocurrency/tokens.

- After educating people, they can be able to compare actual codes and/or functional buttons in GITHUB, Etherscan, MEW, Metamask, and website information to be able to make their own informed decision, not only for ICOs which are predominant on Ethereum Blockchain but also for other Blockchains. If the codes are in machine-only readable language, reach out and private message through a forum or website.

- From analysis and findings, websites are easy to create and integrate functions that are slightly or largely different from the actual codes behind a coin. Don't be too fascinated by website gimmicks and marketing landing pages.

- When one argues that understanding codes and functional buttons is difficult, and cannot help in quick decision about investing in an ICO, then the alternate step to take is really to ask yourself if you want to indeed support the project, merely using/storing the token of the project or if you simply want to make quick money from an ico. In most cases after careful study, investors and traders want to get involved to make quick money from an ico. Buy it when it is cheap and sell it off soon after the ico ends. Ask yourself: is this want you want as well or do you really want to support a project? What matters most to you is up to you!

- A Strong Note to Newbies: Seeing the faces or hearing the voices of a team behind an ICO will not protect you from been scammed by an ICO. Even your best friend or your family member WITHOUT GENUINE INTENTION will scam you in this ecosystem.

- A Final Note to Newbies: Some ICOs are genuine but cannot deal with market forces of pricing after the ico ends. So they simply go extinct due to market forces and therefore appear as scammers. Market Pricing is Knuckle Bone and spared not even Bitcoin and Ethereum!
48  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ban In India on: June 02, 2018, 01:14:48 PM
It is a threat to their social caste system. Suddenly, people at the lower caste are beginning to become rich and have a voice. So the idea to ban.
49  Bitcoin / Bitcoin Discussion / Re: Government and Bitcoin on: June 02, 2018, 04:44:08 AM
Governments across the world are still studying and implementing scenarios of the pros and cons of Bitcoin and other cryptocurrencies in general. Regulations, Authorizing/Creating Blockchain Ecosystems, Banning Exchanges, National Bans, Launching National Cryptocurrency, etc are all the results of these studies. In the end, there will be much light at the end of the tunnel because the benefits outweighs the disadvantages.
50  Bitcoin / Bitcoin Discussion / Re: How Far Are We From A Fully Decentralize System on: June 02, 2018, 04:29:35 AM
There is a general issue with the decentralization of BITCOIN. It was designed to be decentralized but apparently more than 50% of the network hashrate is controlled by ASICs from one manufacturer and the most top ranking pools with most hashrates are controlled by networked groups with ties to the manufacturer.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: Are there still hope for the altcoins on: June 02, 2018, 04:13:16 AM
There is always merit and sustenance for every altcoin that solves in real-time at least one cryptocurrency teething problem. 
52  Bitcoin / Bitcoin Discussion / Re: The Future of Cryptocurrency on: June 02, 2018, 03:49:36 AM
The future of cryptocurrency is very BRIGHT. It is for the people and by the people. Blockchain technology has many advanced applications. Cryptocurrency is just one, and first on the list because of its utmost incentives for the people.  
53  Bitcoin / Bitcoin Discussion / Re: Bitcoin Problems: Lack of regulation creates a risky environment. on: June 02, 2018, 03:38:57 AM
Bitcoin was founded on the premises of peer-to-peer utility currency without the need for regulations. However, currency traders with experience in fiats became involved and found it even more lucrative giving the fact that it was not regulated. Irresponsible actors took the advantage and created the risks in the ecosystem. This necessitated the need for government regulations, interventions, etc. and they are beginning to take effect.  It is simply a necessity to help vulnerable users.

Of course, the ideal case should be for the users of a peer-to-peer currency to regulate themselves and this is also beginning to take effect through currency/token swaping algorithms like shapeshift (shapeshift.io).  With swaping algos, you won't worry that an exchange platform has shutdown and with your bitcoins or other cryptocurrencies disappeared forever. With swaping algos, peer-to-peer cryptocurrencies will be self-regulating and the original foundation devoid of 'intervention' will remain nurtured.
54  Bitcoin / Bitcoin Discussion / Re: Why people are still buying Bitcoin? on: June 02, 2018, 03:05:39 AM
People who bought Bitcoin when the price was £500 are in 'jubilation' because the price went up by more than 10 times, when we consider the current price of about £5000.

At the last quarter of 2017, the price of Bitcoin went up to around £12000. From analysis, people have come to the conclusion that such a peak price fluctuation is possible and was actually attained. So people who continue to buy at the current rate believe that Bitcoin is likely to go up by 3 to 10 times or even more. They anticipate to be in 'jubilation' in the same way as people who bought Bitcoin when the price was £500. It is highly speculative but may come true. It important to note that the factors and players involved in Bitcoin today are not very much same as when it was £500.
55  Bitcoin / Bitcoin Discussion / PRICE-VOLATILITY VERSUS PRICE-STABILITY on: June 01, 2018, 01:19:59 PM
Bitcoin rose to $16000 in late 2017 and dragged up values of Ethereum, Litecoin, Dash and almost all existing cryptocurrencies at the time. However, by the first quarter of 2018, Bitcoin has dropped down by more than ca. 50% and with it came down all other cryptocurrencies. This scenario impacted poorly on the blockchain ecosystem, hitting hard on early and potential general adopters, and unplugging computing devices deployed to secure networks as steady rise in network difficulties continued with incentives dropping below threshold for offsetting energy, device and time costs. Fast rising network difficulty attributed to ASIC, which outpace CPU, GPU, and FPGA by a large margin in mining speed, led to its enforced ban in some key blockchain algorithms. In addition, recyclability after new ASIC versions are built and at the end of a cryptocurrency mineability has become a waste issue. Personalized forking of algorithms to create new coins as an answer to outdated versions of ASIC has not worked as these new coins disappear in short time. The same is also true for some tokens created on Ethereum platforms, leaving novice users vulnerable and at a nightmare.

Many have resorted to investing in new cryptocurrencies/tokens from all different kinds of algorithms with the high hopes of at least recouping back their losses due to the aforementioned factors. However, these hopes continue to be crushed under the weight of many forces. The technicalities involved in this habitat of cryptocurrency remains horrendous for the old and the young generations who are all equally scrambling to gain basic knowledge of it. Whether by buying miners to mine or by buying tokens to hold, one could assert that users are simply investing and supporting blockchain efforts with their livelihood. Wiping it out with high price-volatility or market fluctuations is an ‘epoborium’ of insensitivity to common sense.

The fact is that blockchain technology is actually a form of Artificial Intelligence. As we create it, we ought to start telling it to be behaving and be accommodating to those with advanced knowledge and also to those with near-zero knowledge. It is here to serve us all and not us serving it. Over 90% of the global population are really in the latter category of near-zero knowledge and their most language is ‘buy (hold)’ and ‘sell (spend)’ or ‘mine’, ‘hold’ and ‘spend’ for a SEC classified utility cryptocurrency or token. The high volatility in pricing means that they cannot enjoy this most basic knowledge they have. The questions are: Is it not possible to deal with this sporadic and heavy losses due to pricing fluctuations? Is it not possible for us to sleep well at night without panics about how the pricing of our coins will go?

Which side are you on: price-volatility or price-stability?  A bit of both?

What do you think? What is your answer?
56  Alternate cryptocurrencies / Altcoin Discussion / PRICE VOLATILITY VERSUS PRICE-STABILITY on: June 01, 2018, 01:09:48 PM
Bitcoin rose to $16000 in late 2017 and dragged up values of Ethereum, Litecoin, Dash and almost all existing cryptocurrencies at the time. However, by the first quarter of 2018, Bitcoin has dropped down by more than ca. 50% and with it came down all other cryptocurrencies. This scenario impacted poorly on the blockchain ecosystem, hitting hard on early and potential general adopters, and unplugging computing devices deployed to secure networks as steady rise in network difficulties continued with incentives dropping below threshold for offsetting energy, device and time costs. Fast rising network difficulty attributed to ASIC, which outpace CPU, GPU, and FPGA by a large margin in mining speed, led to its enforced ban in some key blockchain algorithms. In addition, recyclability after new ASIC versions are built and at the end of a cryptocurrency mineability has become a waste issue. Personalized forking of algorithms to create new coins as an answer to outdated versions of ASIC has not worked as these new coins disappear in short time. The same is also true for some tokens created on Ethereum platforms, leaving novice users vulnerable and at a nightmare.

Many have resorted to investing in new cryptocurrencies/tokens from all different kinds of algorithms with the high hopes of at least recouping back their losses due to the aforementioned factors. However, these hopes continue to be crushed under the weight of many forces. The technicalities involved in this habitat of cryptocurrency remains horrendous for the old and the young generations who are all equally scrambling to gain basic knowledge of it. Whether by buying miners to mine or by buying tokens to hold, one could assert that users are simply investing and supporting blockchain efforts with their livelihood. Wiping it out with high price-volatility or market fluctuations is an ‘epoborium’ of insensitivity to common sense.

The fact is that blockchain technology is actually a form of Artificial Intelligence. As we create it, we ought to start telling it to be behaving and be accommodating to those with advanced knowledge and also to those with near-zero knowledge. It is here to serve us all and not us serving it. Over 90% of the global population are really in the latter category of near-zero knowledge and their most language is ‘buy (hold)’ and ‘sell (spend)’ or ‘mine’, ‘hold’ and ‘spend’ for a SEC classified utility cryptocurrency or token. The high volatility in pricing means that they cannot enjoy this most basic knowledge they have. The questions are: Is it not possible to deal with this sporadic and heavy losses due to pricing fluctuations? Is it not possible for us to sleep well at night without panics about how the pricing of our coins will go?

Which side are you on: price-volatility or price-stability?  A bit of both?

What do you think? What is your answer?
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