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4141  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto really go to zero? on: October 06, 2019, 02:02:28 PM
There 0% that it will happen because a lot of companies are already using the tokens , money transfer for example and banks that ate already using the coins, so thinking that it will come will be no chance, besides the government is already trying to study and I think they will also join the crypto sooner or later, with that being said crypto might probably go down but to zero thats impossible to happen
That's just a wishful thinking, even the government is somehow leading the people to believe that crypto is being used for criminal activities and banks are only using the blockchain technology and not the product of that technology which is cryptocurrency. There's still a chance that crypto could go to zero but it's a slim chance or hardly happen unless the blockchain technology is falling apart or can't operate anymore therefore all transactions stuck and there's nothing people can do because it's basically worthless and I guess that's not going to happen anytime soon.
4142  Alternate cryptocurrencies / Altcoin Discussion / Re: Paypal to leave Libra on: October 05, 2019, 10:24:06 PM
I believe it should have happened sooner or later, because in my eyes Libra is a direct competitor of Paypal. Libra wants to achieve cross border payments without time and place restrictions based on blockchain technology.  The same things does paypal but in a centralised way.

Then why did PayPal join Libra in the first place if it's their direct competitor? And why did all the other payment companies join Libra, if it is supposed to disrupt them?

I think they all wanted to work with Libra for better interoperability, Libra could have been a big middleman for multiple payment networks, but now that it was blocked by regulators, its backers don't want to be associated with it, it becomes a serious risk.

Also, Libra isn't decentralized alternative to companies like PayPal, it has KYC and central authorities, so it's really not that different.
It's like the saying if you can't beat them join them. In the world of business as of now there's no such thing as direct competitor if you can invest to them and get the profit aswell. The only reason paypal leaving is because the regulation backlash and that is really understandable and I do agree as you said Libra is not decentralized by any means it is obvious that Libra is centralized. The whole thing works just like USDT or TrueUSD it's a crypto with blockchain but owned by a company and the company have the authority to do literally everything to the coin because they are the reason why that coin have a value.
4143  Alternate cryptocurrencies / Altcoin Discussion / Re: Fee-less cryptocurrencies...Are they the future? on: October 05, 2019, 10:03:33 PM
They are fast and all until the mass adoptin hits, the blockchain becoming so crowded and they will face scaling issues. Bitcoin back in the days used to be really fast and have a really cheap fees even so many people saying that bitcoin's fees is a lot cheaper than sending from paypal or bank but now that the blockchain is really crowded everything become slow and the fee sometimes rising up so much. Therefore, I won't say that they are the future until they have gone through the mass adoption and see whether there is a problem or not otherwise their blockchain will be left untested and could potentially have a problem when the mass adoption hits.
4144  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency to be used in Money laundering and Terrorism? on: October 05, 2019, 09:47:56 PM
The government will never accept something that's out of their reach or that has no control to be a global money, just move on with that dream. These issues about criminality that tied up with cryptos is just an issue after all, onle really few cases found when criminality involves the usage of cryptocurrency.
After all, there's just no chance for crypto to be a global money if that's what you expected, even currently there's no such thing as a global money.
However, I do support the government only if they are really trying to fight against terroism funding and Money laundering properly by having regulation to prevent so other than blindly put the blame on cryptocurrencies which is rarely used for such a thing.
4145  Economy / Economics / Re: K-POP Company owners are joining the train hype of Cryptocurrency on: October 05, 2019, 06:27:34 AM
Will definitely bring a major impact the the artist under the SM entertainment and that includes the KPOP fans aswell, but not really for the world wide. Maybe it's just their last effort to save their company from bankruptcy. I haven't followed the news about this company but it seems that they have some kind of urgent circumstances and facing a big problem that forces their investors to withdraw from the company and the company itself the capital to keep on mantaining its operation. If this become a success for the company, I'm pretty sure that the other company that works in the same field will follow the strategy and then basically there'll be a crypto specialized for KPOP I guess.
4146  Alternate cryptocurrencies / Altcoin Discussion / Re: What is happening to new projects? on: October 03, 2019, 10:26:59 PM
Many new projects that end up failing, it is caused by the collapse of bitcoin so far that altcoin which is a platform for a project cannot survive and die with its syndicate, but if a new project is good it will not die at any time especially if bitcoin rises, because the project It's good to have a clear vision and mission. Have a team that is responsible for maintaining their coins. You have to look back at what should be a good project.
actually bitcoin have nothing to do with the failing of many project, if these projects are failing just because bitcoin is being dumped that means the project is bad and has no independency towards their own price whatsoever and that's not worth investing, it's basically like a natural selection.
If the project is good it will definitely hold on despite bitcoin being dumped, there are plenty of good project that just do that you can see yourself in CMC and those project aren't failing because their price is not too relying on the market situation.
4147  Economy / Economics / Re: Crimes involving crypto have risen on: October 03, 2019, 07:06:08 PM
The popularity of bitcoin is now on the top right? Those criminals are have the idea that they can use bitcoin as their payment method because they knew that it is untraceable. I hope those whose on the top that manages the reputation of bitcoin would do their best to get red of those criminals that using bitcoin for their bad doings.

Crime people prefer to use high anonymity cryptocurrencies, and Monero is their beloved crypto. Dash and Zcash are also in this list of "crypto favorites". Therefore, not Bitcoin but these altcoins, known for their high degree of anonymity, are used by criminals for the sale of drugs, weapons, terrorist financing, and other crimes. However, the percentage of the crime use of crypto is very low.
Now every exchange where people used to trade their privacy coin is starting to delist any privacy coin it seems that they are running out of space to trade.
The concept of privacy coin is good but if it's attract more problem and criminality then I guess it's better to be removed more specifically if used as a way to do things you mentioned above. If it's what it take anonymous coin should be removed, just like in korea they are starting to do so.
4148  Alternate cryptocurrencies / Altcoin Discussion / Re: Libra the new crypto king on: October 03, 2019, 12:36:56 PM
You can give proof why Libra become king coin? how serious build by Libra so far with whitepapee, libra team and how many time they have make meet up with investor to publish what the advantage of investing in Libra coin, I just give opinion about Libra because last year have been to the public issues but still not have anything right now.
It's basically just overhyped stablecoin and definitely not a crypto king. Imagine calling a coin that's established by a big company like facebook which they have full control over it a crypto king that just doesn't suit well. There's no such thing as crypto king other than bitcoin itself and Libra will never be a crypto king because that's just an utterly bullshit and Libra can't even get past the regulation and keeps on being delayed.
Libra is selling like a hot cake only in early stage where it got investors from left and right just because it's a big company and not because the coin's revolutionary idea which I find it none there. just overhyped garbage in short.
4149  Economy / Economics / Re: Hong kong and China war can lead to possible Bitcoin popularity on: October 02, 2019, 09:54:18 PM
Almost one month China and Hong kong faced war and still not have positive respond for bitcoin, still lower price bitcoin today and hope Hongkong and China better to give freedom for Hong kong.
Bitcoin price lowering doesn't mean the popularity is decreasing, the current price dumping is I assume a price manipulation from a big player while the bitcoin popularity in HK might or might not increasing. However, I actually don't see the Hongkong and China right now could affect bitcoin at all.
They just don't have correlation and I don't think just because of some riots people would transfer or convert their money into Bitcoin even the foreign investor I assume will just take back their money through conventional way and there's no need to risk their money to bitcoin and got side effect like volatility and complicated thing they need to face if they really want to use bitcoin as a means of transferring huge sum of money. At best, some minor people will try to use Bitcoin I'd guess they won't take it into that far making so much people transferring money using bitcoin.
4150  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Digitization of National Currency Bring value to African Currencies? on: October 02, 2019, 02:56:58 PM
Country  like  Ghana  has  a lot  of natural  resources  yet  every  year the nation do their  Budget  in USD. Investor  traveled to  Ghana   and  buy their  resources with USD. Which  make  the national  Currency  got  no value. Do you think if Africans develop and adopt their own  digital Currency it can bring Change  and value  to their local Currencies?
It's just can't happen to imagine digital currency to replace national currency considering it's in africa where it's always difficut to implement something about technology more specifically is a digital currency. Digital currency only suitable for country with no problem when it comes to digital world and no offense but I don't think africa has reached that point yet, it's still need to fix or distribute their internet connection evenly.
It's not that the digitaztion of national currency will bring value to african currencies it's just not the right time for african country to switch into a more digitized form of currency which is digital currency. It's better to fix the foundation first before building even further.
4151  Other / Archival / Re: Is KYC benefit to crypto people or not on: October 02, 2019, 01:10:10 PM

KYC is killing the privacy and freedom of using cryptocurrency.
Using cryptocurrency, people have control over their privacy instead the KYC is destroying that. 
The people have no benefit to KYC rather Governments and companies that are enforcing the KYC.
I agree with you. KYC is not good , we cannot know if they are having a secured database we cannot know if there will be a time that they will be having a data breach. Also it kills the anonimity of bitcoin users which is one of the reason why there are so many bitcoin supporters.
The anonimity has long died, everywhere you want to use your BTC they usually tend to requires you to verify your identity first by doing the KYC procedures and that will goes on accompanying the government's effort of Anti Money Laundering.  However, KYC in my opinion is not that bad only if the government officials provide their service to every company that requires their user to do the KYC verification rather than letting all those third parties did it or even worse the company that you don't even know who is the owner doing it independently.
It's not like that the government is trying to make everything complicated but they have no other choice to prevent money laundering since all the bad rumours about bitcoin being used for evil things which infact is pretty rare is already on the mind of the people inside government.
4152  Alternate cryptocurrencies / Altcoin Discussion / Re: Useless altcoins must remove from the whole crypto market on: October 02, 2019, 12:00:14 PM
I understand your proposal, but how would one manage to remove such projects?
You can't really ban or take them down and prohibition takes a while to be applied.
I do not think the meaning of freedom is limited, freedom is complete for everyone. So even if such created coins are useless, the person who created it does as it wishes. I am also against the existence of such useless ones but this is my personal opinion and it will remain so. Perhaps if there are future regulations, it may be possible to intervene from the outside and if so, "freedom will be limited".
Even without the effort of eliminating all these called "useless coin" the market is already not forgiving to all these kind of coin by making them lacking the volume because no one wants to own it and forcefully gets listed from an exchange while some stuck in decentralized exchange without any volume left.
Trying to remove these useless altcoins will definitely take up a lot of effort since there's a freedom for people to create as much coin as they can while resulting nothing. All the effort better to be put into prevention of scam project or that short of thing rather than trying to remove something that will naturally remove itself due to being lacky.
4153  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto really go to zero? on: October 01, 2019, 10:21:58 PM
Cryptocurrency go to zero? While I like to believe that anything is possible, I totally do not believe that there would be a time that bitcoin will as low as being worthy of nothing. Yes a lot of coins are going to die at the long run, and amount to nothing, but not the whole of the cryptocurrency industry in general. It is one event I would like to think can never happen. Cryptocurrency industry has come to stay for a really long time.
Even if the cryptocurrency reaches the lowest point it won't as low as zero. I think that yes crypto has a chance to become zero in valuation but that chance is kinda small.
Believe it or not crypto will still exist maybe for many decades in the future because it helps a lot of people in terms of remittances and that alone won't make the value of cryptocurrency mor specifically bitcoin to become zero.
If there's anything possible to make it zero, it'd be when the blockchain got stuck and the coin couldn't move at all which is quite impossible unless there's no hash power left.
4154  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency to be used in Money laundering and Terrorism? on: October 01, 2019, 03:24:47 PM
Cryptocurrency is just limitless when it comes to transferring money, the settlement is sometimes faster than sending through a bank or another third parties indeed but doesn't mean it can be used for money laundering or terrorism funding that easily. The fact that blockchain is so transparent making it hard enough to do money laundering even there is Anti Money Laundering (AML) program alongside with KYC. Recent news I heard exchanges are slowly trying to delist any privacy coins.
If the govts are talking about money laundering I'd suggest them to take a look at their hard cash and see whether it's as transparent as crypto or not.
4155  Alternate cryptocurrencies / Altcoin Discussion / Re: Should the libra project be halted? on: October 01, 2019, 03:09:20 PM
I don't like Libra for having a centralized network but I like how it is pissing many regulators from different countries. Should it be halted? I don't think so but that's not for us to decide. Some countries will ban them for sure but so much money has already been poured into this project and stopping is no longer an option for them.

I agree that let a country ban it, if they think it's against their policy Libra coin will have a special role in Cryptocurrency adoption, it has created a widespread news and those who are ignoring the power of Cryptocurrency are now, taking a second look on how Cryptocurrency works and what's on it, this create awareness.
Do you understand that libra will delay a lot of liquidity and capitalization from cryptocurrency assets that are currently on the market. We already do not have a lot of investments in cryptocurrency projects.
There's no profit for investing into Libra anyway. The fact that libra is pegged to various low volatilty assets, people who are investing into Libra might aswell invest into all those low volatility assets or even real cash.
By that the existence of Libra doesn't necessarily reducing the liquidity of cryptocurrency market quite the opposite Libra could be a bridge to bring a more liquidity from the masses into crypto market as an alternative to an already popular crypto which is BTC or even another stablecoin.
4156  Economy / Economics / Re: Can Blockchain Bring change into Africa? on: October 01, 2019, 01:39:40 PM
I don't think so. Blockchain is only revolutionary to those people who want to be free from the massive financial centralization of the world bank and I don't think just because it opposes the bankers it will help africa. Blockchain is not a magical thing you know, it is basically just a system that could improve efficiency of certain field if applicated properly.

If the fundamentals of a country is bad, blockchain product like cryptos will make it even worse making the citizen's money goes out the country and from that I could assume there would be a massive monetary crisis.

If there's a way to change africa, maybe blockchain could only help to transfer money internationally without limit.
4157  Alternate cryptocurrencies / Altcoin Discussion / Re: Curious Case of Bullrun on: September 30, 2019, 04:29:20 PM
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?

i think the reasonable reason for next bull run still same my friend, yes bitcoin halving event is the answer
wich will happend in the next year buddy
you can check here for the detail https://www.bitcoinblockhalf.com
why ? because the halving event will create more demands in cryptocurrency especially bitcoin  Wink
Actually it is not that it will bring more demands but instead reducing the rewards each miners get from thus making the supply lesser but still the supply remains the same or accumulating anyway it's just the pace is slower.


The halving before as I've seen not really do much to the price, I mean indeed the price is pumped but long before the halving happened and then the price started rising slowly. Halving is not abolute for the price to increase it's more like reducing the supply while demands is basically still the same.
4158  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not trust New wallets with your fund on: September 30, 2019, 04:13:14 PM
It is best to use an old wallet that has been verified as legitimate and trustworthy. Do not use a new wallet unless you know it is reliable. Because using a new wallet is risky, you could be fooling all your money.
Old wallets like myetherwallet, metamask, are the safest than others, I still use both of these wallets, don't trust too much to use new wallet which you download on Playstore, because hackers could have put the virus there. So be careful.
Definitely not the safest, there is hardware wallet that is far more safer tha MEW or metamask. While MEW and metamask is indeed a legit wallet and trustwrothy all the securities still in the hand of users meaning that they only giving you facilities and the rest of the thing will be up to you and that include security.
Most of the time adding 2 factor authentication is enough, and if you want to add more security layer that'll be even better.
4159  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins vs BTC halving on: September 30, 2019, 03:41:11 PM
To be frank, halving doesn't guaratee the double of the price it may be the opposite, it's just a usual supply and demand rule. When BTC is getting the halving it's only the miners that are affected and not the holders so don't expect much, consider having a price pump as a bonus.
About altcoins dumping, that's not guaranteed either, there are chance that the price in BTC will be the same but the value in USD is rising or the price to BTC is lowering but the value in USD is basically the same.
4160  Alternate cryptocurrencies / Altcoin Discussion / Re: No trading volume is same as dead coin on: September 30, 2019, 02:19:26 PM
That is because the coin listed on bad exchange i guess. The coin would not be dead if it listed on good exchange.
If it listed on a good exchange, the trading volume would not be zero because there are many users use the coin for trading.
Bad exchange good exchange what does it matter if the project is an utter garbage anyway. Even if the volume helped by the immense amount of 24h volume that the good exchange has if the project is still a garbage it will eventually dies out.
You can see so many coins back then deemed to be a good coin get listed in the popular exchange only to be delisted again when the volume is too low. If the project is good, even if they are being listed in a bad exchange some good exchanges will definitely put an eyes and will consider to list them on their own.
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