Latest posts of: wack slacker

The nature of money represents the material and currency used for exchange. The more valuable currencies are, the more people use them. If everyone had their own currency, the world economy would be meaningless. Therefore, the development process of the world brings us to the current development stage.

I think seeing ETH as a sinking ship or a sleeping giant depends on many factors. The first thing is that the steady growth of the market will bring a growth for ETH. Regarding the technology and promised improvements of ETH, it is necessary to convert working evidence from Prof of Word to Prof of stake and limit the amount of ETH provided to ETH. With the current announcement, the total supply of ETH is limitless. It is these issues that have not brought ETH price increases recently.

I think that if cryptocurrencies will not disappear until people create a better technology than Blockchain and if Blockchain is easily hacked with a certain technology and there is no way but to temporarily stop using them. Without cryptocurrencies will create more jobs for everyone and the world economy on the macro will grow more slowly.
The disappearance of cryptocurrencies will cause damage to investors and lose a lot of crypto-related work.

Currently China is preparing to launch the National Crypto. I am wondering how NEO, NULS ... and other cryptocurrencies will exist. While they are private blockchains and their technology looks good, where will they go? The most disappointing Crypto is NEO, which has dropped the most seriously from over $ 200 to under $ 10. I don't think NEO will be a good choice for future developers. For a long time projects on the NEO platform have moved to other platforms. This is a testament to a failure

I am wondering about the Shit exchange that you said. A good project and a good exchange are two different issues. Currently the market is very seriously manipulated exchange rates. Even the volume of transactions they can fake, I think the value of the project can be fake. I have observed the exchanges in 2018-2019 and I have commented the following: most of the trading volume is fake and the value of the tokens is pushed up and discounted abnormally with a difference of billions. big price. Projects that hold an IEO or after an ICO are listed on exchanges are severely discounted, with only a handful of tokens holding value.
Projects successfully hosted by an ICO or IEO (meaning completing a Softcap) are severely discounting. This is the general status of all projects. There are many reasons for the discount. The majority of them follow market trends, in part because of projects that cheat their customers. Look at the projects that have hosted IEO. I can't believe hpj has organized projects to raise just $ 1 million back. This is ridiculous because they will not be able to take the project with that small amount of money because after subtracting the cost of organizing IEO and listing on the trading platform the remaining amount is very small.

This is a fairly sensitive topic. Facebook failed to negotiate with the US government about creating its own currency, Libra. On the other side of the globe, China is working hard to create the yuan based on Blockchain technology. I am waiting to see if the Chinese economy will be like if they put CNY into operation. If successful, the US government must change its mind to catch up with China. I have witnessed the transition from cash to non-cash from applications like Alipay, Wechat ... of their country. Currently, China's neighbors are learning that.

I feel that what is happening is perfectly reasonable and it should be. Cryptocurrencies are all startup projects today and they contribute to our lives in a small field. So few people use them and the price of cryptocurrencies is low. Due to low demand, they have low transaction volumes and most of them are transactions to manipulate their exchange rates. In the future, cryptocurrencies will have more users and the value of cryptocurrencies will certainly increase.

Probably because people are buying bitcoin with the belief that bitcoin is derelict. But when Satoshi came back to whether he was accepting Bitcoin as a CEO for his project or if he let things go as they were, the Bitcoincore team took over and updated the project. There is no set rule for Bitcoin that Satoshi has to agree to compromise, meaning that Bitcoin is completely free. I think that if Satoshi does not appear it would be better. People will continue to believe in their financial freedom more strongly.

Cryptocurrencies are a skillful combination of technology and economics. The majority of economically savvy people are not technologically savvy. They have a lot of money but don't know how to keep their money well. For that reason, the bad guys have sought to make money based on the ignorance of cryptocurrency users to steal.
Exchanges have a lot of user money, and their technical teams can't afford to maintain system security, making attacks more frequent.
Issues related to stealing cryptocurrency assets are too frequent and we are all too familiar with them.

Since Satoshi left the bitcointalk forum. Bitcoin is governed by the Bitcoincore community and the Bitcoin minner, I feel that Bitcoin is very powerful and cannot be broken. C.W proclaimed himself Satoshi it was a hoax, no one believed it. Following my friend's bitcoin fraud allegations, I do not believe that C.W has enough dignity to continue to lead Bitcoin if he is Satoshi.

Economic political decision is the classic lesson that I learned in political man. If politics is to be stable, the economy needs to boom. I like to find out which currencies form and how the national economy operates. Rules, the ways we create value serve ourselves.

I think this is the trend in cities. They will save a lot of time on paying bills. That means their money will be used more thoroughly to pay. But in the countryside, not all poor people can own their own smartphone device or certain knowledge about cryptocurrencies. Moreover, the exchange rate of cryptocurrencies has an unstable exchange rate that makes people worried about owning them.
If the world wants to use cryptocurrencies completely, then they have to learn from China. They have deployed the wallet through Alipay, WeChat ... The world is absorbing that convenient point. They are currently trying to bring out their national cryptocurrency. I think that is their advantage compared to other countries in the world.

I think the current economic models show signs of manipulation from the national central bank. They launch policies and control cash flow. They benefit their country with virtual data. They seek to exploit labor as well as make money from the poor. The poor are unaware of the ongoing inflation and they continue to Work under the direction of businesses and the state.
I am afraid that if everything is clear, the world economy will not be as stable and developed as it used to be.
I do not know what to say.

I firmly believe that it will happen again, but it still depends on many different factors.
First, is the money that large investors continue to pour in to increase the value of bitcoin? Next is the bitcoin mining activities continue to take place or not?
There are currently a number of bitcoins that are not trading and it has been in major wallets for the past year.
The scarcity of bitcoin available in the market does not need to be halving. But halving is a big event and it stimulates us to buy bitcoin.

There will still be new rich people. They are margin traders, not coin holders. Take a look at bitmex top deals and top profits. If we lose money, someone will make money from us. When the whole market has gone down to a record low the sharks will actually plunge into foraging. I call it bottom fishing, this market with lots of money will make more money and we're just fat anchovies for them.

There have been more than 2000 ICO and IEO projects in 2017 so far and most of them cannot reach the soft cap. As far as I can tell, only about 10 return projects have the same exchange value as the one they organized in IEO. Organizational projects of IEO have gained a lot of popularity but they have also been extinguished.

There are many projects even deeper discounts than Chronobank. I think the capitalization of over $ 1 million and trading volume above $ 10,000 is a pretty good level. It is not too bad compared to projects with lower capitalization and lower trading volumes. We can be optimistic for the next 1-2 years. Currently, the market is strongly correcting. I further commented that Chronobank's Twitter social networking site is still updating the news. They are still working and we have the right to trust the future growth of the project.

All markets have a relatively similar operation that is the flushing process. When we are aware of the problems of the market, we have a way to turn the situation around. Most projects have greatly reduced their value and there are many good projects and fraudulent projects. The devaluation process makes all the good currencies lower. Smart people will pick the best cryptocurrencies to hold. I believe the market will return soon. We have the right to be optimistic about the whole market in 2020.