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41  Bitcoin / Bitcoin Discussion / Re: Stable Coins are a Threat for Bitcoin? on: October 20, 2019, 05:57:32 PM
Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.

Stable coins have zero threat to the bitcoins. Coin is stable only if is artificially controlled by a central body and hence stable coins are centralized ones. You should not compare the centralized coins with decentralized ones. Tether has already big issues associated with it and i do not understand why people still keep their money in tether.

Well, actually, I wasn't mentioning tether is an issue but for Bitcoin, it is a threat and we have seen it. We may have new tether examples in the future with other stable coins. This is another part of the threat.
42  Local / Türkçe (Turkish) / Re: Reddit’in kurucusu: ‘Hype’ kripto paraları terk etti on: October 20, 2019, 04:57:25 PM
Hype ın kripto parayı terk etmesi bence de güzel baya. Hype çünkü çok can yakıyor, insanlar bir an önce zengin olmak için kripto para alıyor ve tecrübesiz yatırımcıların dili çok fena yanıyor, sonrasında tekrardan kriptoya güvenlerini tazelemek zor baya. O yüzden hype yerine düzenli büyüme daha iyi gibi. Zaman zaman hype ın geri döneceğini düşünüyorum, grafiklerden de bunu görebiliyoruz aslında.
43  Bitcoin / Bitcoin Discussion / Re: Stable Coins are a Threat for Bitcoin? on: October 20, 2019, 04:37:05 PM
Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.

Can you give me a valid reason for these stable coins becoming a threat to the crypto economy? I don't think so! These stable coins are made for good reasons! it helps immensely in trading, especially the day traders are benefited the most from it. It is an arguable statement, if these are coins or not! But they are definitely a digital representation of fiat currencies like USD or EUR. It certainly helps protect your capital during a bearing market. I personally don't think they are any threat to the crypto economy rather it helps in growing the crypto economy by allowing the traders to have a straight forward calculation and faster execution!

One of the reason we use bitcoin is because it is fast and cheap, well, there are other altcoins cheaper and faster surely. Stable coins provide fast and low fee transactions too. On the other hand, daily total max volume is not on bitcoin, it is with tether.
44  Bitcoin / Bitcoin Discussion / Re: Stable Coins are a Threat for Bitcoin? on: October 20, 2019, 03:49:33 PM
By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
If you realize that point, then the question is moot.  Bitcoin derives a lot of its popularity from the fact that its value is subject to the free market, meaning that its price moves according to supply and demand.  Stable coins don't do that, and there is never going to be significant interest in them other than using them as a substitute for cash on exchanges.

So no, there isn't a stable coin in existence or one to be yet created that will present a threat to bitcoin, or to any altcoins. 
What if we use bitcoin without these backup stable coins? We may need to learn that we can do without these stable coins, we don't need usd or eur or other traditional money. We should start using directly bitcoin rather than its usd value. For example, an apple may cost some satoshi not cents. Apple's cost depends the traditional way, demand and supply and its price can change in return for satoshis. We should remove usd eur and others, stable or not.
45  Bitcoin / Bitcoin Discussion / Stable Coins are a Threat for Bitcoin? on: October 20, 2019, 03:17:39 PM
Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
46  Local / Alternatif Kripto-Paralar / Re: Yobit imza kampanyası geri döndü!!! on: October 20, 2019, 12:10:53 AM
Bu kampanyaya katıldıktan sonra hiçbir mesajım spam ya da off-topic olmamasına rağmen biri tarafından şikayet edildi ve globaldeki moderator 13 Ekim civarı 81 adet mesajımı sildi. Her yorumum konu ile alakalı ve aralarında zaman vardı yani infrequently olarak atıldı ama globaldeki moderator ne yaptı? Sadece ben Bitcoin biriktiremeyeyim diye bir anda 81 adet mesajımı sildi ki Yobit panelinden de kazandığım her şey silinsin. Bu forum böyle kötü, böyle boş bir forum haline geldi. Eğer mesajlarım kötü, sık veya off-topic olsaydı yahoo beni kampanyadan atardı ama öyle bir şey olmamasına rağmen globaldeki moderator sürekli olarak mesajlarımı siliyor. Ben de en sonunda banlanacağım diye 13 Ekim'den beri mesaj atmıyorum.

Bunların neresi off-topic? Günde toplasan 10 mesaj atıyordum, onu da atmaktan soğuttular.

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BNB is the only altcoin that I hold for now. I see great potential of it because it has the best exchange behind it. The exchange keeps building new features and improving themselves which a company-coin should do. I may add few more coins to my altcoin holding portfolio but for now, it is only BNB.

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In my country, lots of people heard of bitcoin. And we even have a football club using an exchange as a sponsor to themselves, the name of the exchange is being used together with the name of the football club, so, everytime a football match is happening, lots of people are hearing about the exchange as well as bitcoin. I talk to local people everytime and see that lots of them have heard bitcoin, some of them bought and sold bitcoin back in 2017 december.

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It is not much user friendly actually, the ones who provide us the UX-UI are the wallets. We can control our own money through blockchain and privatekeys. It is a bit hard to keep these under control, there is noone to connect if we lose our keys. So, we need to keep them very safe and get copies of them. This is the non-friendly part of bitcoin and other currencies.

dostum konuyu istersen orjinal kanala da postala hatta yahoo'ya özelden mesaj böyle bir durum var diye. yorumlarında bir sıkıntı görünmüyor gayet makul bir ingilizce ile gayet makul şeyler yazmışsın, postların silinme sebebi ile alakalı başka bir yazı var mı ya da birilerinin kovanına çomak mı soktun birilerini mi kötüledin de sana birisi gıcık olup mesajlarını silmiş olsun?

Hocam ne gerek var söylemeye? Bugüne kadar hangi moderator ya da default trust üyesinin normal bir kullanıcıya yardımcı olduğunu gördün. Ben hiç görmedim, asla yardımcı olmaz sadece aşağılayıcı hareketlerde bulunurlar. Bu nedenle şikayet etme gereği bile duymuyorum zaten verdikleri Bitcoin için de kampanya başladığından beri bize köpek muamelesi çekiyorlar. Biraz Bitcoin biriktiriyorduk hevesimizin anasını zktiler afedersin. Biz sanki burada verilecek üç kuruş doların peşindeyiz, 2100 için Bitcoin biriktiriyoruz adamlar it muamelesi çekiyor kampanya başladığından beri.
47  Local / Alternatif Kripto-Paralar / Re: Yobit imza kampanyası geri döndü!!! on: October 20, 2019, 12:00:25 AM
Bu kampanyaya katıldıktan sonra hiçbir mesajım spam ya da off-topic olmamasına rağmen biri tarafından şikayet edildi ve globaldeki moderator 13 Ekim civarı 81 adet mesajımı sildi. Her yorumum konu ile alakalı ve aralarında zaman vardı yani infrequently olarak atıldı ama globaldeki moderator ne yaptı? Sadece ben Bitcoin biriktiremeyeyim diye bir anda 81 adet mesajımı sildi ki Yobit panelinden de kazandığım her şey silinsin. Bu forum böyle kötü, böyle boş bir forum haline geldi. Eğer mesajlarım kötü, sık veya off-topic olsaydı yahoo beni kampanyadan atardı ama öyle bir şey olmamasına rağmen globaldeki moderator sürekli olarak mesajlarımı siliyor. Ben de en sonunda banlanacağım diye 13 Ekim'den beri mesaj atmıyorum.

Bunların neresi off-topic? Bu kadar egoist üyelerin DT ve moderator olması bu forumun ne kadar çok merkezi bir hal aldığı anlamına geliyor. Yereldeki moderator sağ olsun bugüne kadar bize insan muamelesi yaptı ama globaldeki moderatorler kesinlikle art niyetli davranıyor. Bir insanın bu mesajları silmesi için sadist olması gerekiyor.

Quote
BNB is the only altcoin that I hold for now. I see great potential of it because it has the best exchange behind it. The exchange keeps building new features and improving themselves which a company-coin should do. I may add few more coins to my altcoin holding portfolio but for now, it is only BNB.

Quote
In my country, lots of people heard of bitcoin. And we even have a football club using an exchange as a sponsor to themselves, the name of the exchange is being used together with the name of the football club, so, everytime a football match is happening, lots of people are hearing about the exchange as well as bitcoin. I talk to local people everytime and see that lots of them have heard bitcoin, some of them bought and sold bitcoin back in 2017 december.

Quote
It is not much user friendly actually, the ones who provide us the UX-UI are the wallets. We can control our own money through blockchain and privatekeys. It is a bit hard to keep these under control, there is noone to connect if we lose our keys. So, we need to keep them very safe and get copies of them. This is the non-friendly part of bitcoin and other currencies.
48  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How can we stop centralized exchanges from manipulating the price of tokens on: October 13, 2019, 09:55:41 AM
We can have decentralized exchanges and let the community handle the issues with markets. I have seen that some centralized exchanges not only manipulate the prices but also sell tokens-coins that they don't even have in their wallets. When you try to withdraw, they can't send it. We need to inform each other about these false things and manipulations, this is how we deal with these exchanges.
49  Bitcoin / Bitcoin Discussion / Re: A Community With No Libra, Bakkt, ETFs and Institutions on: October 13, 2019, 09:06:06 AM
The topic describes the issue for us. For us to become a decentralized, we should focus more on mass adoption. I know these may provide some mass adoption but with centralized adoption, it is useless and contradiction for bitcoin itself.

You should try to expand on your thoughts, "focus on" is a very general statement. What precisely do you want from Bitcoin community - to stop discussing news about Libra, ETF's and other institutions? To vow to never use them? Forbid any discussions about trading on this forum? Change the protocol to somehow cut out centralized companies?

Bitcoin's main goal is to give people freedom to use their money however they like, even if it means giving them to some centralized entities. Telling other people what to do with their coins is more against the spirit of Bitcoin then having some centralized players in this ecosystem.

Let me explain myself a little bit more. Surely with a decentralized community, we can, should discuss anything including regulations, bakkt, etfs, libra etc. Focusing more on mass adoption is with decentralization. Bitcoin is created against the governments' printing money. Well, look now, governments are trying to 'code' money and using their power to influence people, they can achieve this. Some of the people in the community haven't met the decentralization idea. We should spread our ideas to them and be in front of the eyes more than the governments.
50  Bitcoin / Bitcoin Discussion / Re: A Community With No Libra, Bakkt, ETFs and Institutions on: October 13, 2019, 12:01:04 AM
Now, Libra, that thing can fuck off!

That's not fair. If you're expecting governments to be open minded enough to tolerate Bitcoin, then why don't you do the same and allow other entities to create their own money? People blame governments for not tolerating anything other than their own currency, but a lot people here do the same. In a free market money should be able to compete.

Governments force you to use their hot air fiat currencies, and alternatives such as Bitcoin and Libra counter that. It provides a welcome bit of choice in the type of money you can use. Facebook doesn't force you to use Libra. Bitcoin doesn't force you to use Bitcoin. It's you who makes the decision to use one or the other, or both.

We are open minded but we should inform the community about what decentralization truly means. We should do this before the goverments and other big companies create alternative centralized coins. Facebook may not be forcing us to use Libra but they have a huge power to make advertisements of their coin. This doesn't seem fair to me. On the contrary, we should act as a whole and spread the decentralized coins.
51  Bitcoin / Bitcoin Discussion / Re: A Community With No Libra, Bakkt, ETFs and Institutions on: October 12, 2019, 11:07:22 PM
The kicker is, we need centralized services like Bakkt and some of these ETFs to push adoption on a institutional level, because that is where the big bucks is. The institutional investors will help to improve Bitcoin's store of value, but not it's currency feature.  Roll Eyes

People are normally lazy and they like the convenience of pre-packaged investment tools like ETFs and it also provides a regulated environment where they feel safe. So every piece of the puzzle has it's place.. we should just complete the puzzle.  Wink

What if we lose the community and the idea of decentralization? Change is hard, when it is about something that most of the people don't know, it is harder. I mean decentralization. When we have etf and libra or something that has regulations, we may lose the community. They may prefer libra or grams instead of bitcoin because these provide regulations etc.
52  Bitcoin / Bitcoin Discussion / Re: A Community With No Libra, Bakkt, ETFs and Institutions on: October 12, 2019, 03:58:49 PM
I understand your point, we really wanted a decentralised system, in which bitcoin did provide in the beginning. However, as time evolved, specially when the price started to run at the rate of $0.1 to $100 to $10k to the eventual $19k in 2017, the ball game has change. It now become an asset, the best speculative asset that we never seen before, better than gold or even precious metal.

The topic describes the issue for us. For us to become a decentralized, we should focus more on mass adoption. I know these may provide some mass adoption but with centralized adoption, it is useless and contradiction for bitcoin itself.

So who is to blame with this kind of evolution?

The way that we are going, I don't like it. It is the opposite of what Satoshi Nakamoto wants. If it is about the price, then maybe we should need a decrease for the price which seems unlikely. I think we need a more solid community and more decentralized platform, exchanges etc. Or we may lose our coins because people may prefer the other centralized ones.
53  Bitcoin / Bitcoin Discussion / A Community With No Libra, Bakkt, ETFs and Institutions on: October 12, 2019, 03:11:00 PM
The topic describes the issue for us. For us to become a decentralized, we should focus more on mass adoption. I know these may provide some mass adoption but with centralized adoption, it is useless and contradiction for bitcoin itself.
54  Economy / Economics / Re: China cracking down on bitcoin again on: October 11, 2019, 09:41:53 PM
We have a saying in our language. It is "if there is a smoke, there has to be a fire. Since China is trying to ban-crack down bitcoin, this means that there are people in their countr who want to have bitcoin. This is a good sign for us in terms of mass adoption. People in China are trying to have some freedom. For bitcoin, through its system, it can't be fully banned. China can't ban buying people bitcoin. So, nothing to worry for their actions.
55  Bitcoin / Bitcoin Discussion / Re: Dictaorships & how cryptocurrencies can bypass their control on: October 11, 2019, 09:02:13 PM
Money means lots of things for the human beings. On the other hand, money means many things for the dictators because they need money to control people through force. The dictators can take our money through printing money and increasing inflation or taxes. We, the majority, even won't be noticing this for a long time. Through cryptocurrencies, goverments and dictators can't print anyting and they can take our money. So, most of their power will be lost.
56  Economy / Speculation / Re: Are we looking at Bitcoin down to $5K? on: October 11, 2019, 08:40:08 PM
We didn't broke below 7500 and instead, we broke out 8500$ with a high volume. I think we will be here for more, this period seems like an accumulation period. So, this is probably not going to 5000$  currently. On the other hand, with fundamental analysis, we will have another important halving in the near future. This will create a buying power and therefore we won't be going down to 5000$.
57  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of Altcoins ? on: October 11, 2019, 05:40:26 PM
It is okay to have a bear season for alts that is lasting a lot. It is good because the ones which survive will be the best altcoins. Their future is determined in these hard times such as the halving of Bitcoin. Altcoins may suffer more until the halving.
58  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty hunters needs to start respecting themselves on: October 11, 2019, 09:22:12 AM
I had a same issue, worked so much and got only 50$ in return. When I said it wasn't fair and it is slavery hourly rate, the so called admins told me that it is worth to be in part of the competition-bounty and learning process. They are losing a lot when they use us as slaves. In return, I tell everywhere about them and this is not good for them for sure.
59  Economy / Economics / Re: If you want to be rich..! on: October 09, 2019, 10:17:31 PM


When someone want to be rich they can't make it possible by working 10 to 5  everyday,so what are the things we have to do to make ourselves rich at the right age.

We need to have more income sources like four or five different fields to ensure our constant earnings even if one or two things get us into losses temporarily.Make your investment as early as you can then only you can start making money and remember to save it.



There is an interesting sociology theory which is tragedy of commons. I have another view for this theory, in a society, people who are consuming the goods more than the others, there are these people all the time by the way, common ones suffer from this. So, there is a fact that there are always who consumes more than others, this is inevitable. Being rich can be applied to this theory. For a person to be rich, he/she has to do different things than the others, think more and be smart for example, in the end, they consume more than the other through their money. So, if you want to be rich, you shouldn't be a 'common' or you suffer.
60  Bitcoin / Bitcoin Discussion / Re: A Fully Decentralized World is Possible? on: October 09, 2019, 07:12:35 PM
Can we truly have a fully decentralized system? For example, we control our own money, properties, internet etc. If we can, how can we achieve this and what obstacles can we face? I want to control my money and I don't want my government to control what I see on the internet. There are ways of overcoming some of these but the whole internet is coming from the ISPs. We may have a satellite(Elon Musk) for internet which makes the decentralization easier for us.

I think it is not possible. In my opinion, governments will decide to make their own digital fiat money. Governments won't be willing to make their currency a volatile and uncontrollable cryptocurrency I think.

I agree with you. Governments will give up fiat money that we use now eventually. But I don't think that they will prefer a volatile cryptocurrency like Bitcoin as a local currency. They will prefer making a digital and manipulable coin. For example, North Korea is aiming this now.

Then I want to ask if we really believe in cryptocurrencies or not. Because, the idea of decentalization for me starts with bitcoin. If we don't think that we will not get decentralization, being here doesn't make much sense. As I said, this is a contradiction and we first need to overcome this in order to move on to the next one.
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