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4061  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH return to 1000 USD after hardfork? on: November 23, 2019, 10:37:07 AM
I think that the ETH 2.0 update will have a very positive impact on the ETH and in the future it will start to recover and in time will be able to reach $1000 again.
I dont think updates or coin halving will have any impact on price of coins in such bear market. We have seen that alt coins go up only when BTC go up, when BTC is in red whole market goes red.
4062  Bitcoin / Bitcoin Discussion / Re: When the market goes down remember this... on: November 23, 2019, 10:12:03 AM
This is the reason why many newbies lose money and hope on bitcoin. They are aware that bitcoin is indeed very versatile but everytime versatility attacks they panic and sell fast without thinking of what good thing is awaiting them in the long term run of bitcoin.
Weak hands = bankcrupt.

No matter how much this point is highlighted, many investors are not willing to accept that. To go up market has to go down first, there is no market in the world that only go up.
4063  Bitcoin / Bitcoin Discussion / Re: Blockchain is not Bitcoin on: November 23, 2019, 08:33:33 AM
yeep, china is only welcome on the blockchain. but remains controversial with decentralized cryptocurrencies. because bitcoin and friends can't be controlled. so China considers it illegal.
Bitcoin technology (blockchain) is indeed needed, so the Chinese government is planning to make their currency using the blockchain, and this is one way to block bitcoin and make changes to their transaction systems.
Chinese are very smart in controlling outflow of currency n info from their country. They have banned Google, Facebook and other tech giants from operating in there country. How can they allow BTC to operate freely in there country?
4064  Other / Meta / Re: The Bitcoin Forum is 10 years old! on: November 23, 2019, 08:04:20 AM
Many many happy returns of the day. Let's celebrate 10th anniversary of bitcointalk by paying tribute to moderators who devoted there serious efforts for success of this forum.
4065  Bitcoin / Bitcoin Discussion / Re: Banks Are Never There When You Need Them - That's Why We Need Bitcoin on: November 22, 2019, 05:01:02 PM
Both banks and Cryptocurrency have their own fans. You cant teach an illiterate how to create or run a bitcoin wallet, they won't listen, and that's why they stick to banks and allow them bank to keep their money. It's easy to explain to most literate or internet users about Cryptocurrency.
Quote
Just like the quote above, before you are able to access loan facilities from most banks, you must produce a collateral with a higher value than the funds needed.
Same thing with bitcoin lending platforms. Check Nexo and some other crypto lending platform, they will ask you for 2x of the amount you want to order as collateral. I have no idea about any crypto lending platform that doesn't ask for much collateral and if they are, I'm sure they will be very few.
Banks have served humans for centuries and are still serving. We cant say have only odds nor they have only evens. Likewise same hold true for BTC.
No one hand over you loan unless you pledge something neither BTC nor banks
4066  Economy / Speculation / Re: Reason for current bloodbath on: November 22, 2019, 03:19:26 PM
There is nothing to panic, it is what is called bear market. Those who are selling their Bitcoin in this market are losing out. As per the historical data on Bitcoin price.

22/11/2017 - $8253
22/11/2018 - $4365.

As compared to last year we are still in a better position,. Therefore stay calm and stay positive.
In bear market when many are selling, many are buying the same. I have set my own rate of BTC at which I will start buying. Dip for many is not a problem rather an opportunity to buy.
4067  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now the right time to buy altcoin? on: November 22, 2019, 10:06:40 AM
The prices are still going down after the latest bull run in which BTC crossed 11k. You can start accumulating altcoins of your choice from current price down word. Its recommended to buy when market is sleeping.
4068  Other / Politics & Society / Re: What is in mind of those, who against vaccination? on: November 22, 2019, 08:19:04 AM
The main reason polio virus is still alive is because of people mentality in developing countries that polio vaccine is not good for kids and pharmaceutical companies earning by selling it. That's one of reason why they abstain there kids from polio vaccine.
4069  Other / Serious discussion / Re: Adulthood is a scam, wish I could stay young forever on: November 22, 2019, 07:23:20 AM
The irony of life, we all wanna grow up when we were kids and when we grow up we all wanna go back in time. I see my nephew (8 years old), he is so relax and free from all sort of worries. I wish I could go back and start enjoying my kids era but life is so cruel on my this desire Sad
4070  Other / Off-topic / Re: Andriod or IOS on: November 21, 2019, 05:57:51 PM
I m using android for last 7 years. iphone is expensive that's very average mobile user prefer android because of affordability. Rest I dont think there is anything on iPhone which is not available on android phones.
4071  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Create a Cryptocurrency in 2019? on: November 21, 2019, 02:33:18 PM
Why create a cryptocurrency in 2019? well for me new coins are suppose to do better than old coins in terms of features and tech but this is not how i see things today, its now all about profits

Tell me is bitflate you made mention not created for gains? lol Grin

I think if that's the case then ethereum and bitcoin are beaten by new currencies long ago.
Since there are too many cryptocurrencies already in the market, creating new cryptocurrency wont be of much use and will be challenging to make it successful.
4072  Bitcoin / Bitcoin Discussion / Re: Recent Data Breach: "1.2 billion people exposed" on: November 21, 2019, 01:46:46 PM
I am sure it's nothing related to bitcoin or cryptos at all! We have not yet reached billions yet! So it's highly unlikely that crypto community will be affected by this breach! It's probably from the organizations like Facebook, whatsapp, google, Instagram etc. Or probably from some giant international banks with trillion dollar valued transactions everyday (you know what I mean)!
And most importantly crypto community is not concentrated on one platform only. Let's see got trolled this time by hackers. Seems it will be a social media site as others dont have billions of users.
4073  Bitcoin / Bitcoin Discussion / Re: According to the Ceo of coinbase 1 BTC can actually change your life. on: November 21, 2019, 01:25:43 PM
I think this is his exact words:

Quote
For better or worse, I do think owning one whole Bitcoin will increasingly become a big deal. Only 21M will ever be produced, and some people already own much more than one.

https://twitter.com/brian_armstrong/status/1165307728740270080

Obviously, for majority of bitcoin enthusiast we really think that eventually the price will go to the moon in the next coming years. But for no-coiner, it's hard to preach that because they don't understand what HOLDing means. Owning 1 BTC is not that hard, and newbies think that they have to invest 1 BTC quick. But for me the approach is that you should invest what you can afford to lose, maybe you can buy just a portion and in no time you could be a member of 1 BTC club.

One BTC for majority is very expensive. A good strategy is to buy at different rates rather to buy complete BTC at one rate. Let's say you buy few satoshis at current rate, few at next dip. In this way your average price of BTC is very reasonable.
4074  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the alternate plan - second option on: November 21, 2019, 12:12:48 PM
In my year BTC has already given huge return who bought in when BTC was falling i.e. 3500 usd. We should stop expecting that btc will reach 50k or one million. Just buy at right time n hodl, you will see many opportunities.
4075  Alternate cryptocurrencies / Altcoin Discussion / Re: Year 2020 expectations on: November 20, 2019, 01:14:11 PM
In my opinion, next year will be very difficult especially for the Bounty Hunter. Then no one will do promote their Project by Bounty Hunter. Because they can list the project in the market with the money. So I don't think they need to promote it again on social media with money by hunters.

Let's say IEO. In the years ahead, IEO pressure will increase and almost all projects will be launched through IEO. Even a new way can come which is not be thought of.

2017 was year of ICOs, when massive no of ICOs were launched and $5.6 billion usd were raised by different ICOs. Year 2018 brought similar success to ICOs. We have IEOs now, but I dont think we will see similar investment in startups.
4076  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BITCOIN BULL RUN TO START ON THURSDAY (11/21) AFTER DIFFICULTY ADJUSTMENT? on: November 20, 2019, 12:44:12 PM
Do you think this is true?  Sure would feel like Christmas.
No one is able to predict the price of bitcoin in a short period of time let alone forecasting the future price  Roll Eyes, i did not expect the price to go down this much in the past few days and now we might see the price of bitcoin going down below $8k and i bet no one could have predicted those and as long as no one is able to predict those minor movements i can bet that nothing happens on 11/21 .
All BTC price predictions have gone wrong so far and I dont think this forecast will be true. When BTC has its mood, it will touch the moon. Dont follow price predictions, just buy and hodl.
4077  Other / Beginners & Help / Re: Project to help Newbie on: November 20, 2019, 11:24:07 AM
So, please try to do some research about any topic connected with btc or crypto and write post on the forum, in the correct category.
After that, report your post here, share link from the post.
I don't have much available merits but I can promise now to reward 3 the best posts, by personal criteria, with merit.
This will be difficult and as you pointed out merit you can give is very limited.
This won't change big picture, but its little grain of sand to create beautiful beach Smiley
I hope you will receive decent submissions.

I think it's a great initiative by senior members of this forum to help newbies. This will also help in  discouraging the trading of merits. I hope many more senior members will start such threads.
4078  Bitcoin / Bitcoin Discussion / Re: Do you think that governments might one day ban Cryptos? on: November 20, 2019, 10:38:43 AM
China hasn't banned crypto rather banned crypto exchanges.
One thing is very clear that governments dont like crypto and if crypto adoption continuous government reaction will be strict regulation or ban.
4079  Economy / Trading Discussion / Re: Do Not Trade By The News, Follow The Price Action on: November 19, 2019, 05:16:37 PM
As an investor I only invest in solid coins and HODL. I have seen over the years that crypto market rearly follow news and predictions. Most of the time I bought BTC based on news but in loss as nothing happened. Best is to buy on dip and be patient.
4080  Alternate cryptocurrencies / Altcoin Discussion / Re: Useless altcoins must remove from the whole crypto market on: November 19, 2019, 04:19:56 PM
Crypto market is open for all you cant allow or throw someone out of market. As an investor we are the best judge of where to invest or not. Never fell prey of coins that offer fake rewards.
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