I wonder, why Korean exchanges are often hacked? And this incident triggers the fall of all crypto prices on the market. I hope the exchange can solve this problem immediately and not harming their users, because the 342k ETH that was stolen was worth 48.6 million dollars and this is a bad incident at the end of the year for the crypto industry.
I think these hacks are an insider job or from a big hacking group, not an ordinary guy or two can hack such big exchanges. Irony is that these hacks are on rise rather then going down. Dont know whether Upbit is strong enough to cover these loses asap to maintain trust of there clients which is very important in continuing business. |
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and of course they all can meet the real Satoshi in a Satoshi Round Table gathering, if the real Satoshi suddenly turn up there in Dubai.
Do you actually really think the real Satoshi Nakamoto would just simply casually reveal himself on a random Bitcoin conference after a decade of hiding? I mean, go start a conference if you really can and want to, and I sincerely wish you the best of luck, but you might want to clearly think of your expectations here. This is so true. So many have claimed to be satoshi after BTC gain fame. I firmly believe that even if real satoshi turned up one day, people will also declare him Faketoshi. Lets hope we all live to that day when real satoshi come and tell us some exciting features of BTC that are still hidden. |
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Bitcoin sign has been added to Unicode 10.0 (June 2017).
Congrats everyone.
₿
Reading early comments in this from 2010 and 2011 gives you nostalgic. This may the first debate on deciding the logo of Bitcoin, hates off to all early contributes of this forum. I wish somoen who has commented in 2010, may come up and share his views. |
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I am glad somebody did that research and posted it here for info of all community members. Those who are criticizing about downfall of BTC must read this analysis. BTC is more volatile then S&P, those who can bear the BTC volatility can earn huge profits. See this year example BTC had a wild swing from 3500 USD to 11000 USD and people still say BTC is bearish this year.
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there is no doubt that as long as we have PoW consensus based cryptos,we need more and more electricity and Crypto mining is consuming more electricity then electricities consumed by few small countries. The solution is PoS but I dont think BTC can be shifted to PoS. So I say yes crypto mining is not environment friendly at all.
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There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
Trading platforms are always the winner whether you buy or sell, they have fix fee which they charge against every transactions. Centralized trading platform are nothing but a middlemen and middlemen cant be fair 100%. One of aim of CC was to get rid of this third party middle man but unfortunately centralized crypto exchanges are killing this objective of CC. |
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Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
Your point is valid. Ethereum has something that BTC never had and it took the already defined structure of BTC and improved upon it. (Smart contracts) So did XMR which focused on privacy. TBH, the top 50 coins in coinmarketcap are more than enough to solve most of the problems in the crypto space. The problem comes when there are so many releases of new coins which are technically a fork of an already existing coin with nothing new in features, just that it has a new name or a new algorithm. Majority of coins are just peer to peer payment system nothing else and some are trying to give a solution that's entirely not feasible keeping in view the team behind the project. EOS is also a good project that is launched to solve the issue of scalability with DPoS consensus algorithm. There are gems but need our time and attention. |
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There are problems everywhere, including bitcoin. But they are not critical.
We have few critical problems in bitcoin also that need special attention and cant be ignored. BTC still has no mechanism to recover/restore stolen/lost coins, which in my view is a serious one. One more critical problem is speed of BTC transactions. |
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Bitcoin has a history. It never moves on predictions, it has its own mood of wild swings. Just be patient and HODL, BTC in a decade has never disappointed his HODLers. Its your choice whether to HODL or sell in loss.
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Cant say 2020 will be the year of blockchain but I believe that blockchain will get more adoption then cryptocurrency. Blockchain is a revolutionary technology and its has frontiers that are even yet to be discovered.
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I think it's too early to predict whether or not we can run our countries on BTC. Right now BTC has issues like scalability that need to be addressed prior to its mass adoption.
Governments too are not much in BTC favour unfortunately.
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Crypto Currencies is facing local law policies many where: Local law can be a barrier for many countries to accelerate the blockchain industry. I read the sentiment of many people where the bitcoin or concurrency is not legally authorized but they are very much excited to use this technology. I think, a global revelation only can bring those countries to be inspired.
First of all, cryptocurrencies =/= blockchain, or blockchain =/= Bitcoin. There are countries where blockchain is much appreciated even if Bitcoin is not. Even a good number of banks are appreciating the blockchain technology, even using them, but they are not in favor of the likes of Bitcoin and other cryptocurrencies. In my local setting, a few banks are already playing with blockchain but a mere mention of Bitcoin or cryptocurrency when opening an account could be enough for your application to get rejected. My country is favor to the blochchain technology but not favor to the ICOs and STOs. There are now many news and issues about scammers and it is the reason why my country doesn't regulate ICOs and STOs. Very recently we saw Chinese president statement in which he emphasised use of blockchain and China is in way showing any softness towards cryptocurrency adoption. |
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Rarely we saw predictions for BTC getting true, that's y I gave up following BTC predictions. I dont see anything special in 2020 other then BTC halving. Let's hope something good comes out in 2020.
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CC is no doubt secure but when it gets hacked there is no way you can get your coins back like we do with fiat currency stored in banks. If you are having cryptocurrency take special care of your keys n use good wallets.
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Please try to understand one point that when someone is quitting market (selling) someone is entering in the market (buying). Every market go down that's not limited to CC only. Just be patient and buy your favourite coins at discounted price.
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omg, almost got heart attack when I saw your thread's title because 1 hour ago price was well. Why did you create this thread? According to coindeks, bitcoin has +1% rise as for now, so why do you discuss about thing that's not happening now? Bitcoin doesn't go down, if it was going in past, that's a whole different subject and similar threads were alrrady opened at times when it was really happening.
Maybe for the sake of creating a post without sense, if we compare the price it really a better one compare to the price way back couple of months that is playing around 3500$. Also it is good for creating a profit because the movement of value really helps the trader to had a profit. The current scenario was heading up and it is obviously a good sign for us to become one of the newest millionaire who patiently keep optimist and determined to engage positivity for every shortcoming that market has filled off. People who hold their asset as this time will claim massive profits and became successful for their investments. So I prefer to wait more time until it will hit the desirable peak. Those who the courage to buy when everything is red for months are the ultimate winners. I dont know when people will understand that to be millionaire you have to buy in current bearish market. Current bearish market is giving opportunity to become a millionaire but not all are wise enough. |
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The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
I always support a diverse portfolio having multiple coins. I will invest more in BTC because of its dominance but I will spare some cash for alt coins (good one) like ethereum, EOS, neo etc. |
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I have a habit of daily checking the gainers VS losers on coinmarketcap but today I saw that bitball tokens gain 1565 % within 24 hours, so I want to know the reason behind this or any issues in getting data from exchange?
sorry but for me?this is a pure manipulation and whales are playing to bag money,its been a normal occasion that shitcoins has been pumped hugely and after few hours or days back to falling again. nice observation but never trust them to invest unless you are willing to risk your precious money. Cant agree more. I haven't heard name of this coin before. There are firm chances that this coin is being pumped by whales and is bought by novice investors at high rate. Stay away from such scams. |
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CO2 emission need to be dealt seriously, if we want our future generation to breath easily on this planet. We are destroying natural resources at much higher pace then they are generated. Due to pollution we are having smog and other such things that are depriving us from breathing.
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Chinese president statement on blockchain was main reason of recent rally in which BTC went upto 12k. Market has to settle after that hike, we can say that China is also responsible for this fall  |
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