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461  Economy / Speculation / Re: Peter Schiff speculation, bitcoin will never hit $50k on: November 04, 2019, 12:48:05 PM
If we are going to look at the last 10 years old, then we can see steady growth. the Bitcoin value is highly volatile and I think $49.999 is definitely possible with the halvening and lots of institutional investors coming up, so I wouldn’t be surprised if Bitcoin passes $100,000 in 2020-2021. Moreover, we can definitely see another wave of emotional cryptocurrency purchases made by inexperienced people which will provoke another bull run. If you want more reason, although difficult, applying technical, fundamentals and time related Fibonacci levels, still there's a good chance BTC hits $100,000 sometime 2021 onwards.
462  Bitcoin / Bitcoin Discussion / Re: BTC Dominance on CoinMarketCap on: November 04, 2019, 12:32:06 PM
I think there won't be another crypto currency in the future (2020-2030) weighing EVEN 40% (or less) of total market cap, it is also very unlikely. in my opinion the currencies that are going to dominate, are the ones that have acquired the highest adoption rates, most developers, most followers, users, members, contributors and etc. And we know Bitcoin is king of them and it would be treated as gold compared to other cryptocurrencies.

Bitcoin has the largest market cap and even though I don’t see it growing as quickly percentage-wise as some of the others, it’s grown so much that I expect it to remain dominant. maybe short-term it is bad for altcoins but long term it is good. The more dominant bitcoin is, the higher it's purchase power is. It also suggests that we are in an uptrend, then eventually investors will want to buy altcoins because their bitcoin will have huge purchase power.
463  Bitcoin / Bitcoin Discussion / Re: How does the adoption of China affects the crypto market and blockchain industry on: November 04, 2019, 12:03:07 PM
For me, it doesn't matter what China does at the end of the day. I usually ignore every "China blockchain adoption" or "China bans crypto" news. too many of those news on a daily basis. I think almost everyone of those news, rumors, announcements and etc, isn't really serious and substantial. Very often it's even just the fantasy of some shill. Currently, we can't say for sure which positions the Chinese government and main corporations hold, and I think they even don't know by themselves. all we have are the opinions of some managers and politicians, but it's still very vague. I think China wants to observe how the whole Crypto thing develops, check it's advantages and disadvantages, then one day, come up with regulations.
464  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: bounty is still potential on: November 04, 2019, 11:49:33 AM
Since there have been many things and issues that are not good about ico and others, according to many members, the potential has declined drastically, can we all choose which one is the potential or not?
It is still a difficult choice. I have been participating in many Bounty campaigns and have good and bad experiences. from some projects I have never received any reward due to a most two factors: scam project and unsuccessful projects because admins lack of technical expertise or whatever. you can avoid these problems by checking out project very well, and making sure it is not scam through several factors such as check out the team, concept of the project, ask questions to the team members and etc. Also make sure project is using a platform for the bounty campaigns which provides automatized services and there is not chance of loosing a track and your activities are securely recorded.
465  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What's up Guys on: November 04, 2019, 11:08:15 AM
Bounty rewards are totally dependent on your skill. If you have the skills to qualify for the larger bounties i.e. translations of white papers, video production, academic writing, then you can make better money using those skills in other fields. Bounty reward is a fun idea to try. If you think you're going to be able to support yourself through bounty rewards, you are fooling yourself unless you have skills that would be just as marketable outside of bounty campaigns. for the most part, you should not expect to make more than $50-$100 in a month, especially when you first start out.
466  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Fundamentals Are Going From Strength to Strength on: November 04, 2019, 10:54:31 AM
Bitcoin value derives from it's decentralized network security and network effect; the more people HODL, the higher value it has. As it is more than 10 years old, its network is more than sustainable and will grow from strength to strength from here. For a long term the values will only increase. The chances of reaching $1 million are likely to be high because the percentage increase from $100 to $19,000 is less than to reach 1 million dollar. So for a long term its always good and in next year the expectation are to be $50,000. But of course no one really knows. this is just a long term prediction of what will happen.
467  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: The best DEX on: November 04, 2019, 10:19:29 AM
There are plenty of options with not as much liquidity as you see on centralized exchanges, however exchanges like Waves DEX, are not going to be good as that currency is weird, same for Stellar DEX. My favorite during the old times was EtherDelta, but I found it was breached, it still is a difficult choice. but i think BitMEX, Coinbase, Bittrex and Binance looks like a really good service as fast as centralized exchanges, and at least I haven’t had any problems with them all the time. No registration and limits, this is a good offer for users.
468  Other / Beginners & Help / Re: PoW vs PoS (Decentralized) on: November 03, 2019, 04:41:12 PM
Both can be more decentralized than the each other, depending on the distribution of mine power. PoW requires the proof of some kind of work to determine the next block, but PoS requires an actual stake of the currency to determine the next block. PoS can essentially eliminate the problem of needing the processing power and the energy to finish the PoW algorithm, and seems to be a better solution as it drastically reduce its power consumption.

However the problem with POS is the gap between the rich and the poor, because the longer a miner holds a token, the greater the age of the token, and thus the greater the reward. so a larger stake holder would grow his coin stake faster than a smaller stake holder. In this way, the rich miners will become richer and richer, thereby this may leads to centralization of mining in one sense.
469  Bitcoin / Bitcoin Discussion / Re: Banking system and BTC on: November 03, 2019, 04:21:39 PM
Banks will be forced to adopt crypto currency in the event of such a situation.
This is what I see as the solution to the banking industry's continued survival because if they do not accept bitcoin the banks may disappear and they will now be replaced with new ways of investing money such as crypto curenncy wallet.
I think banks will look the same superficially, but the underlying infrastructure will be very very different. they will just be leaner. a better understanding of Banking will help you know that cryptocurrency doesn’t change anything for the majority of their business. For example, cryptocurrency does not replace loans for uses like mortgage or business loans. Cryptocurrency could one day viably replace debit cards with USB wallets, but cryptocurrency can’t replace credit cards. Even if cryptocurrency does replace traditional currency, that doesn’t change the role of the bank, they still can perform their services just using cryptocurrency wallets instead of money.
470  Economy / Economics / Re: Can Blockchain Replace Banks? on: November 03, 2019, 04:06:29 PM
I don't think so, at least for decades, because Blockchain technology might be suitable for some use cases, but it won’t ever be a solution for all use cases. also Blockchain technology cannot be considered ready for mass adoption by an enterprise. the technology platforms are not mature, standards are not in place, the uses and implications of the technology are not understood as well as other more prevalent technologies used in regulated industries such as Banking, and the networks required for a network-effect type technology like blockchain are not in place. However, I wish we'd drag ourselves into the modern age and do this immediately.
471  Economy / Speculation / Re: One more dump before halving? on: November 03, 2019, 03:50:09 PM
My guess is still to the downside until price closes strongly above $9600-$9800 and then above $10,000 by at least a 4 hr candle at which point I shall close my sell trades. Yet, I do see even now, that the daily candle is painting an up move scenario as price keep retesting and bouncing from a support zone. However, the weekly scenario and Elliot waves count tell me that as long as we do not have a strong weekly candle closing above $12,000 price zone,the impulse move is till down, at least I am looking at price dropping to $7,000 and possibly between $6700-$6400.
472  Economy / Speculation / Re: Do we still expect a repeat of 2017 ? on: November 03, 2019, 03:41:29 PM
No one can really give you a certain answer to this question, but a lot yes. It’s increasingly looking likely. I have always been a pioneer that we will see a slower approach on the way to the highs of 2017, but the price movement of late has been somewhat fast. the price of Bitcoin will continue to rise indefinitely. Unlike fiat currency, the Bitcoin supply is controlled and deflationary in nature. The technology is catching on more and more as awareness increases. No one can predict price movements with absolute certainty, but I will not be surprised if we hit the $50,000 per bitcoin level by 2020-2021.
473  Economy / Economics / Re: The Risks and Rewards of Cryptocurrencies on: November 03, 2019, 03:28:19 PM
Risks could be as a volatile investment, if you buy close to all time high and sell low, then you can loose a lot of money. and Rewards could be make money easy if you are patient, buy at the right time and invest only what you can afford to loose.

However, What most people don’t get is that the maximum risk is losing $500 and the reward is getting $20,000 or even $40,000 with some smart investments. Simply, don’t invest more than you can lose. If you're a bitcoin maximalist and are 1000% sure it will break ATH sometime again, sure just keep increasing your coin count. the downside is very small and contained, the upside is very big. That’s definitely a good opportunity to invest.
474  Economy / Speculation / Re: BTC 20,000 USD by the year end. on: November 03, 2019, 03:10:21 PM
You can’t reliably predict anything with month to month accuracy. A single whale could tank or fly BTC to the moon between now and then. It could do literally anything in the next few months. My bets are that it will soar long term. However, there’s a very high chance that Bitcoin’s price will stay in the $7,000-$10,000 range for a 2-3 months, because market has to take some time to recover. I think the price of BTC will fall to $7,000 and at the end of the year it will recover and reach $9,000 again.
475  Alternate cryptocurrencies / Altcoin Discussion / Re: TOP 5 ALTS TO WATCH on: November 03, 2019, 02:31:10 PM
Vechain the real business use cases drive the technology, as a result they are likely to be among the first to see large scale adoption.
ETH Just my choice of long term hold, and ready to trade into anything else. Solid, smart tech.
NANO Love the tech, simple wallets, feeless transfers, P2P and spam updates incoming soon. Looks like a good buy opportunity ATM also.
BNB Not sure how an exchange token has hit these dizzying heights but not complaining. Just bought it ages ago as I felt binance seemed legit enough to go places.
BAT future roadmap would allow brave to be used for online purchase and membership and becoming standard for rewarding attention that could make it skyrocket
476  Alternate cryptocurrencies / Altcoin Discussion / Re: !!! SO MANY PROJECTS !!! What 's going on ? on: November 03, 2019, 02:13:06 PM
A lot of those projects are going to fail. they might have a good idea, but not great coders; they might have great programmers but not a good business or marketing sense, and a few of them may be the world-changing technology of tomorrow such as Nano, ETH, Tron and Vechain. However most of them were produced by a small group of developers and then pumped and dumped for the sole purpose of trying to gather coins of actual value such as Bitcoin.

For most people in the stock market, they’re better off sticking with the well-known established brands. Same with most people in the crypto markets. But for those who have expertise in a particular area and are willing to do their research, putting a little bit of investment into startups and other coins may be worthwhile.
477  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the difference between altcoin and bitcoin ?? on: November 03, 2019, 02:03:26 PM
Altcoin got their name because of the success of Bitcoin. Basically they mean alternative to Bitcoin. the majority of Altcoins are forks of Bitcoin and introduces changes to the original Bitcoin protocol such as decreased block generation time, increased maximum number of coins and different hashing algorithm. Altcoins like to pretend that they are somehow intrinsically better than bitcoin but None of them really have any commercial application. I think there is one important difference that is, the founders of most Altcoins are know and is a known team but the founder of Bitcoin is anonymous.
478  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is happening with ETHEREUM Now? on: November 03, 2019, 01:49:09 PM
Cryptocurrencies in general currently have very low prices compared to their all time highs. ETH is low because the entire cryptocurrency market is down significantly compared to where it was at 2018. Furthermore the price is suffering because ICOs are dying and some liquidated their Eth holdings plus all the irrational fear surrounding ETH scalibility issues. There’s also growing competition leading investors to search for the next great platform. however The vast majority of the projects are built on ETH such as Tether, and after upgrading to meet the challenge of scalability problem in the future, I think that ETH will rise up again.
479  Bitcoin / Bitcoin Discussion / Re: What are the advantages and disadvantages of BTC/LN and BSV? on: November 03, 2019, 01:10:14 PM
1: What are the advantages and disadvantages of BTC/LN and BSV?
Thanks
Both are trying to solve the Bitcoin Scalability problem in the first place, means the number of transactions that Bitcoin can manage within a block. the Lightning Network is an attempt to solve this problem by putting a lot of the data off-chain using payment channels, and forming an "off-chain" peer-to-peer network. the opposite side (On-chain Camp) was an attempt to solve the Scalability problem by enlarging the block size.

Bitcoin SV forked off of Bitcoin Cash, and they were forked from a parent chain, but BSV has a larger max block size, and higher transaction throughput in comparison to Bitcoin Cash, and BSV has old "OP codes" re-enabled that allowing for simple scripting functionality which can be built upon. for the bitcoin protocol version used on BSV, you can be sure that applications and services you build today will run forever.

Off-chains sometimes called sidechains, are for processing of chain things like computing logic or processing smart-contracts and things of that nature. things the blockchain does not do, and then use the blockchain for what it does do. It is for adding to the blockchain without hindering it. also the blocksize increase really has nothing to do with sidechain technology with the exception of technology supported that would benefit from "higher speeds".
480  Bitcoin / Bitcoin Discussion / Re: Are People Losing Interest with Bitcoin? on: November 03, 2019, 12:20:44 PM
People is indeed losing interest to bitcoin because of it's price. People stopped talking about bitcoin when the price tooks so long to move and pump, that is the main reason I think why people lose interest about bitcoin. The hype on price is already gone and that is the main ingredient for bitcoins popularity back in 2016-2017 days.
Agree, The folks who lost interest are average retail investors who like to buy at the dip of a bear market like the last one we passed, then sell out for big profits at top of a bull run. one of my friends bought in during the hype 2017. I thought he believed in the technology but he sold it all in capitulation. once the next bull run starts, they will be climbing over each to buy in, just like 2017. they stop talking until they start hearing of gains on the next bull run, then buy in high, get scared at the first time of a correction, sell low and run off. I think a lot of serious investors are loading the boat for the next launch. with institutions like Fidelity opening a crypto trading platform and companies like Facebook getting into Crypto at next year, it's just the beginning.
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