It is shocking to see the number of market commentators who are normally pro-crypto, including well-known Youtubers (and I am not going to name them here), who are currently talking the crypto market down. Instead of choosing to place the current dip in prices in perspective, they choose to be extremely negative and create the idea that it is happening because of overvaluations of cryptos (based on what?), etc. This while many of them welcome regulations and other anti-crypto BS with open arms.
I feel they play right into the hands of the governments, corporations and bankers who are hell-bent to keep us under their control. In my analysis, what we've been seeing in recent months and are currently seeing are nothing short of a highly organized, coordinated attack on cryptos (facebook ban crypto ads, blatant market manipulation by Mt. Gox trustee, Visa 'glitch' in charges at Coinbase, IRS crackdown on cryptos, YouTube and google ban crypto ads, Poloniex sellout to Goldman Sachs backed entity, Coinbase capitulation to IRS, Visa and MasterCard making it difficult to buy cryptos, phishing attack on Binance, etc.).
I feel we have to place all in perspective, stay positive, understand what is at stake and take the steps required to move forward.
Why cryptos? Cryptos provide us with the means and opportunity to support a non-violent revolution that aims to free people from the shackles of centralized banking and governments – the primary enablers of wars, pain, poverty and chaos.
How is this possible? Through peer-to-peer trustless (bankless) transactions within peer-to-peer economies driven by decentralized blockchains.
In essence, regardless of our political, religious and other affiliations, cryptos are a way to level the playing field so that everyone gets a fair chance to participate and/or contribute. Peer-to-peer makes us equal partners when it comes to trustless, peer-to-peer transactions and peer-to-peer economies means that are no single asshole who gets to call the shots. For once, we get to contribute to something that can set all of us free - across the globe.
We need to stick to the original and/or core aim of cryptos. This for one means that we need to support decentralization.
We need to support decentralized exchanges and help to finance and build new ones. This is why I have welcomed Binance's decision to turn their exchange into a community centered, decentralized exchange and to take the fight to those who are out to discredit this space (bounty on scammers).
We need to support crypto friendly ad networks such as CoinTraffic, A-ADS, Coinzilla, CoinAd, Mellow Ads and AdBit. And the various decentralized ones in development.
We need to support decentralized video sharing platforms such as DTube.
We need to support private or anonymous cryptos.
Anyway, I could add more, but I am sure you get the idea. We either fight in a non-violent way with the tools in hand (or create better ones) or we walk into the traps set by the slave masters - where we get to suffer and slaughter each other to their benefit again. I know there are many good people out there who are not taking any of the shenanigans sitting down, but I know there are also many people who are falling for the bankster shenigans.
It is not going to be easy, but we have to stay positive and push forward with our eyes wide open. We must swing public opinion in our favor and push for mass adoption - the sooner, the better.
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Due to security measures please disable your VPN/PROXY in order to access coinzilla.io
Hello, Unfortunately, we had to disable any connections coming from VPNs and Proxies. You will need to disable them in order to access our website. Best regards, Cosmin I've received the same message, but was not making use of either a VPN or proxy. Anyway, time to shop around.
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I was slightly short paid, but thank you for the tokens that I did receive.
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Two points of importance:
1. Add Custom Token MEW (if applicable): 0x151202c9c18e495656f372281f493eb7698961d5 DEB 18
2. Make sure that the exchange you intend to use supports the ERC223 token standard. Exchanges such as EtherDelta (ED) and ForkDelta (FD) don't support it yet.
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wats wrong with the miro website....it logs me out automatically seconds after putting my private key
Your IP most likely changes too fast. Make use of a VPN service such as TunnelBear and try again.
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Is there a way to buy large amounts of Bitcoins (around 50k - 150k) through bank transfer anonymously? Best way seems to be through p2p platforms such as localbitcoins.com. But that takes a few days and multiple transactions. Anyone got some advice?
If you want to do it anonymously, then you will have to forget about using a bank account. You will have to take the cash route and use p2p platforms such as localbitcoins.com (as mentioned). You should be able to eat through the amount you state pretty fast.
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I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
This is probably the main reason why most of the countries doesn't approve and agree with the use of Bitcoin. It can be used for illegal payment transactions and the government should take into consideration about the risk of using bitcoin. As if the US Dollar and other currencies are not used in illegal transactions. Governments and banksters hate Bitcoin, because it removes their power to control and issue money. Unlike fiat currency, Bitcoin is not a debt instrument that they can use to enslave people and to finance wars.
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What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age? Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
It is not too late. Just don't make the mistake to go all in. Don't get money involved in cryptos that you are not prepared to lose. In terms of age and risk, you might want to consider buying into something like CombiCoin (COMBI) that gives you exposure to the top 30 cryptos, but that limits your exposure to each.
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
Those who hate Bitcoin surely hate it for various reasons. Some hate it because they or their partners lost the whole nine yards (by going all in - buying high and selling low in a panic), some hate it because the government tells them to hate it, some hate it because they have missed out on the returns of the past, some hate it because they don't understand or know what Bitcoin is, some hate it because it deviates from the Satoshi whitepaper, some hate it because their exes are big Bitcoin supporters, some hate it because they lost their Bitcoin in phishing scams, etc. Either way, I am sure there are many people that love Bitcoin. So it's all good.
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Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin? We've all read that story in the school with the moral "Greed is a Curse". So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
Nah, Bitcoin has become the gold standard of cryptos. It sucks that it is no longer electronic cash, but greed is not the primary reason for holding it. And yes, hodlers could end up with nothing - or they could be richly rewarded for holding onto it. It is part of the risk attached to holding Bitcoin (or any crypto for that matter). Greed is when one gets a second mortgage to go all out into Bitcoin... risking the whole nine yards. That is irresponsible and greedy in my opinion.
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
It is best to tell them about all the risks prior to getting involved, especially to warn them about wild price swings - a normal thing in the crypto market. It is also best to make it abundantly clear that they are responsible for their own decisions - not you. Either way, if they blame you for losing money by buying at a high point and selling at a low point, then they only have themselves to blame. A loss is after all only realized when one is stupid enough to sell at a loss.
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On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists? The reality is that anything of value can be used to support terrorism. However, if you're worried about currencies being used to fund terrorism, then you should be most concerned about the US Dollar. No other currency, including Bitcoin, beats the US Dollar when it comes to the funding of terrorism.
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Hello there,
I've never invested in crypto before, been doing a bit of google search and stuff but the articles I've read seem to be very "PR-ish" and don't feel legit. I was suggested to come to this forum on Reddit. What Crypto do you suggest me to look into investing for the first time?
Thanks in advance!
Do your own due diligence - and don't take it as financial advice, but I would give CombiCoin (COMBI) a try. It will give you exposure to the top 30 cryptos and limited exposure to each.
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Before i start, i will like to state that this post is not in anyway trying to oppose the merit system.Just trying to get some views about it. It has been a month and some days now since the merit system was introduced by the forum leaders. So what are your opinions about the system so far, based on these points?
1. At your current rank, and with the merits you have so far, do you think the system is working perfectly for you?, or you think it should have been better at your side?
2. For Jnr.members like myself, the journey to become a member looks nearer as far as we continue posting according to the forum standards, but as a member, full member, snr member or a hero member, do you have the hope of getting the required merits to rank up soon based on your observation so far? or does the journey seem impossible to you as it stands?
3. Merits are to be given to good content posts and to help rank up, but ranking up is the most important thing. So do you think legendary members still need merits? Its obvious that they write good quality posts, but do they actually need to be merited?
4. I have the view that most of the smerits(spendable merits) of the forum will one day decay because people either feel reluctant to give merits or deserving posts are not being seen most of the time. And moreover, everyone is busy running their duties on the forum and might not have enough time to look for such posts.
5. So far and ultimately, who do you think the system will benefit the most? Highly ranked members with alts accounts, or minnows who write their brains out in order to be merited?
Merit has certainly become a super rare commodity. I feel with the new system it is almost impossible to acquire the quantity of merit required to rank up. It will take years of high quality posts and people who appreciate those posts enough to merit it. It is like donating 50 BTC to become a VIP - almost impossible for most of us at this stage. That being said, making it too difficult to acquire merits might have the opposite effect of what's aimed for, namely quality posts. When it is too hard, instead of worrying about merits, folks will probably just post away and worry about quality later or not at all (or use the time to complain about the merit system or think of sneaky ways to get merit - fast ways to get negative trust ratings pretty fast). Anyway, my two Satoshis.
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hi i have more then 50 posts here, but still got zero merit. I tried my best to write replies that can help other people and also me in acquiring merit but no success. is there any strategy that can help me getting merit
It is not about the number of posts, but about the quality of your posts. Increase the quality to the point where someone with merit feels it adds real value and I am sure you will have some merit to show in no time. It is not easy, but certainly worth the effort. Give it a shot.
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Take it easy. A poll like that will land you in trouble in no time since it adds nothing of value. You have to get in line like the rest of us. It can be a pain in the butt, but that is the way it is.
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Hi fellows, While am new on bitcoin talk I am not new to bitcoin and the blockchain, yet when I try to make comments on certain post I see a redflag message of newbies not allowed to contribute, it isnt like newbies are dummies, and I want to believe everyone was once a newbie. I will like to know what can be done about that? Somebody please help a brother!
We all started there. Take it easy and make a positive contribution through frequent, well thought out posts. Before you open your eyes, you will be in open waters. There is no way around it.
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Heya guys and gals
Im a dude who's always been reluctant , on the sidelines for crypto currency , always untrustfull
but im tired of it, you know. Its a bummer i didint get into it sooner,like,waaay sooner,and i feel down about it
but , whats worse is, now i realise , is going in ever later,and losing more oppurtunity, i realised , this stuffs still pretty new in grand deal of things, i used to , as a kid , be amazed at colour tv, and digital watches,cause stuff was high tech for me , im a bit older you see heh,a bit older then i wanna admit but whatever
also do not think like i wanna go in today and spend mad cash on it, no no
but more like, i will consider as a small fun investment , i will maybe when get more grasp on it ,and if i do maybe try trading , but first, i gotta get some knowledge
it all starts somewhere you know
im hungry right now for knowledge,you know,and i just wanna share
im tired of always being late to crypto,and best way to get over it , i quess, is to start , at least try
maybe i wrote this all up a bit for myself then u but ty for reading if you did
best regards
Nah, you're not too late. It is still early days. Educate yourself and get a toe into the water. Google "dollar cost averaging" for a great way to get in. You might also want to look into something such as CombiCoin - a great way to diversify while getting a feel for the market. Best of luck. Have fun.
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I have been in crypto for about a year now, and have been picking up various coins along the way as I hear good things about them. I've not really sold any along the way as my original reasoning for buy each coin/token generally still stands, and I am trying to be patient and wait for each project to (hopefully!) come good.
However I've now got 56 holdings that make up 20% of my portfolio, and the rest is in BTC and ETH
My question is, is 56 coins too many? Do you think I would be better selling some to increase my holdings in the other coins?
I remember hearing a theory in the stock market there was no mathematical decrease in systemic risk by diversifying into more than 20 companies. However, this is crypto so in my mind that theory isn't worth paying too much attention to! Or do you disagree?
It sounds like a solid, well diversified portfolio. Don't take it as financial advice, but I would keep it as is. Only sell a token when you're original reason(s) for buying it is no longer valid. That being said, if you're looking to further diversify, you might want to look into something such as CombiCoin.
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Hi.
So my wife wants me to sell half of my cryptos like right now. We invested early last year. She claims its half hers b/c I live in California and its half hers as community property. She didn't put any money into it it was my hard earn money that I had to risk.
I'm a long term investor in the tech and starting to do comfortable small responsible trades. No all in Yolo stuff just learning as I go and using small amounts.
She's fed up with our on paper loses in crypto losing a tad over half of our total max holdings since the bull run. She can't handle the volatility in a bear trend. She handled it much better in a bull run.
What should I do? Sell half to keep her happy despite i'll be selling in a bear market getting around halfway or close to Bottoms?
Should I do my best to fight back and force her to invest long term?
I tried my best to tell her think long term but it's not getting through to her. She's just very upset about our on paper losses. We argue over this a lot almost daily and I don't know what to do.
Any suggestions?
She sounds like a gold digger - even worse, she's acting like someone in a divorce court. Don't take it as legal advice, but personally I would create additional wallets and move the cryptos into those wallets. Then tell her that your existing wallets got hacked - you got cleaned out in a phishing scam. Now she needs to pay in to cover her half of the losses. That should bring her down to earth pretty fast!
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