Are you sure that ether's price crossed $300 because I just checked coinmarketcap and the 24hr high was $282 and so I checked the 7 day high and it was about $287. May be ether's price would have crossed $300 on some particular exchange but the global ethereum price is still around $265. Nice!
Looks to me like there is also a FOMO happening in Ethereum. Not just bitcoin.
It could be because there is no exact date when Ethreum 2.0 will be implemented and they panic.
What if it will be tomorrow? Those kind of question might be on their mind asking themselves if they should buy now.
Really feels good to be a beta tester of the new face of Ethereum.
Ethereum 2.0 still has a few months to be launched. The Ethereum team once said that Ethereum 2.0 will be launched at the end of first quarter of the year but then they postponed it. So it's probably not gonna launch for the next few months. |
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I would not recommend anybody to join bounties these days because people have been scamming a lot of users in the name of bounties.
Fake projects get launched and scam people into joining bounties and promoting their fake projects for free.
Although there are genuine projects that actually pay the people, bounties have a bad reputation because of the tremendous amount of scams happening.
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In terms of market cap, daily transactions, usability etc it would beat Bitcoin easily.
However, privacy is the key point of the currency. If it's centralized and has privacy issues, Bitcoin can't be beaten. And I don't think a currency created by Google would offer us the same freedom Bitcoin offers. It's Google, after all. But the project might fail as well as Facebook's Libra did.
There is no question that if Google launches it's own cryptocurrency then it's gonna be centralized. Google has created so many products and services over the years and we can see that most of it's products needs Google's support to function properly. So even if Google has it's own cryptocurrency, it will keep it Centralized in order to fetch more data from it's users and keep tracking them to the eternity. |
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This thing is big bud. Blocking the mainnet shows the people how centralized this project can be.
Even if the investigation was supposed to happen, they should not have blocked the mainnet since it has now created a panic in the market.
All of this incident has created a bad reputation for IOTA according to me. People will rethink now before investing in the IOTA project.
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The hard truth is, nothing in this world can be protected forever. Whether it be a living thing or a non-living thing. We can only try to secure a thing for as long as possible but eventually it has to go some day. A hardware wallet is the most secure wallet out there but even that can be cracked by some means. We just have to find a way to crack it. As @rosezionjohn said, in this case, the wallet had a flaw by which the hackers were able to crack it. I am sure that the flaw will be rectified soon. |
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Ether is the most potential coin after bitcoin which has the capability to increase more than any other altcoin.
Ether has proved itself by increasing to a price of $1400 approximately in the last bull run in 2017.
I believe Ethereum has more to offer than bitcoin as a technical platform for cryptocurrencies.
In my perspective, there will be more number of supporters for Ethereum in future than for bitcoin.
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Sounds like a good idea. You can also use these paper wallets and stick some of them outside public libraries, schools and universities so that people get attracted towards it and hence more people will find out about bitcoin. You can even keep the private keys in a place and make a puzzle out of it and the one who cracks it will get to keep the money. Things like these are a fun way to educate people about bitcoin.
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What China need is more people with good knowledge of defeating the Coronavirus.
Only when a solution is found for such a disease, the people will be rescued from death.
Just praying won't do anything, people need to think wise and join hands to defeat the Coronavirus.
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Well you do have a point there and I did get convinced but then I thought, why should I use bitcoin when I can use other online payments.
China has WeChat, India has Paytm, GooglePay etc... I am not against bitcoin since I like bitcoin too but I think using the term bitcoin is unnecessary here.
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I am not sure whether this is the right place to ask this question. Mods please move it to right topics.
Since corona virus has been declared as an medical emergency. why not we as a community donate some of our Bitcoins to help those suffering.
I need some good individuals who can help me to help those needy.
What I plan is very simple:
1 we collect Bitcoin.
2 we should know someone who can convert Bitcoin tol local fiat.
3 we then ask them to transfer that money to the needy or send foods and other necessary items to them.
If you think you can help me in this cause then do DM me.
Let's do it.
What do you think?
Please do not reply for the sake of signature campaign. I am serious and want to help those who need help.
Though your intentions are good but I would consider this complete stupidity. Funds are needed for those people who don't have any money to survive in this world. This is not the case here. People have the money but the doctors don't have any solution yet to defeat Coronavirus. They can only prevent it by wearing masks. |
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It feels really good to find out that people from your country are doing so much to bring change and that too in such an early age.
Reading this makes me inspired and motivated to learn and grow more so that I can do something innovative as well and make my country proud.
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Wallet maintenance fee? Looks something new for me.
Yes, and it's like 60 inr per month, if you make at least one trade in month you won't be paying fees for that month. I hope every zebpay wallet user is aware of it, otherwise they will be paying fees unknowingly. Yeah, Zebpay clearly mentioned in the announcement that only inactive accounts will be effected by the change they are bringing. Once we resume crypto-crypto trading, you won’t be charged a wallet fee as long as you place even one trade per month. Even better, if you trade the no-fee pair of the month (starting with BTC-ETH) you won’t pay a trading fee, either. source: https://static.zebpay.com/marketing/custody-fee.htmlSo I guess, Zebpay has planned their strategy well inorder to bring Crypto back to India. Still I would not consider it the same as before because they have not mentioned anywhere about crypto to INR transactions. May be they will just bring crypto to crypto trading or something like that. |
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I have been using my SBI account since 4 years and have been doing all crypto related transactions from this account only.
I have never faced any issue as such. Though I have heard some members account getting frozen but it was not an SBI account holder though.
Those of you saying it was just a rumor and they didn't know anybody whose account actually got blocked, I must say I know a person whose account got frozen and the person had to go to the bank to withdraw his money.
But these were the things in the past. From the last 1.5 years there's no issues with the banks.
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I had the choice of depositing and selling my shitcoin for a large profit, as this was the only exchange to list the coin at the time, or keep it in my wallet and wait for somewhere else to open up. So, I never had the chance to keep my worthwhile funds (BTC) on a wallet rather than an exchange.
You should have exchanged your shitcoins to some altcoin and have them withdrawn to your wallet. Anyway, since it's already proved that it was all a scam, there is pretty much nothing you can do about it now. You can only try to be more careful the next time. P.S: Request you to lock the thread when needed as there's no point further discussing it. |
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I wouldn't be surprised for such a statement for I already knew that Crypto is not banned in India.
The RBI had issued a notice to all the banks to freeze accounts of people dealing with crypto for security reasons as they say.
Nowhere was mentioned that a ban is imposed on cryptocurrencies. It's just the people to misinterpret it and spreaded the false information about banning crypto in India.
RBI cannot even ban crypto because it's the government who creates the law and not the RBI.
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BBC reported that a 75-year-old woman is warning others of the dangers of an online scam that has cost her her life savings. She lost 11K EURO!! You can see the news from here, https://www.bbc.com/news/amp/uk-england-devon-51205126Guys, don’t think too much to spend 100-150 USD, buy a hardware wallet right now! You are not safe in any online wallet by 100 percent! Articles like these ruin bitcoins name in front of the people. People like these in the media are really a shame since they give a bad name to bitcoin. It's the people's mistakes that they are not aware of such scams. People invest money without doing a proper research just to satisfy their greed and eventually get scammed. Bitcoin has nothing to do with all this bulltshit. Media is sometimes just too overwhelmed because of bitcoin's fame. |
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While there are many reasons why this happened, I particularly think that there might be 2 major reasons why this would have happened.
1. You might be using a pirated version of the Electrum wallet. There are thousands of infected versions of wallets on the internet.
May be you just got unlucky and downloaded one of those infected versions.
2. Your system might be infected with a virus or something that gained authorization over your system and made the second transaction.
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I don't think crypto is an asset to be used for the New World Order. First of all, the New World Order is something people have been talking in the past.
People started talking about it way before crypto was created. Secondly, most people including me consider it as a myth. There's gonna be no New World Order at all.
Even if whatever you said was to be "assumed" as true then I don't think bitcoin would be used as the currency because there can be better coins than bitcoin that will truly serve the purpose of a global currency.
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Stablecoins have existed in the cryptocurrency space for a few years, but only gained prominence in the last year or so. Stablecoins are cryptocurrencies that are backed by other assets or benchmarks, such as the US Dollar, and, as the name suggests, they are stable in nature — or are at least intended to be so. Bitcoin is known for its volatility and that has led some people to believe that, while it is a good store of value, it may not be the most convenient form of payment. Stablecoins that gained a lot of popularity, thanks to Tether’s USDT, are now flooding the cryptocurrency market. There are over one hundred different stablecoin projects that exist in the market today with several more still to be launched in the coming year. Cryptocurrencies are gaining traction not only from retail investors, but also from institutional investors, which makes it the most apposite time to discuss their role in mass adoption. Read more here: https://www.etoro.com/blog/market-insights/what-role-will-stablecoins-play-in-crypto-mass-adoption/ I think yes indeed. Stable coins have gained more traction these days and most popular stable coin Libra coin by Facebook gained a lot of popularity. Libra coin proved that mass adoption can be attained for cryptocurrencies as well. If only it didn't have to face all those judiciary issues, crypto would have already been globally adopted by now. |
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The price of cryptocurrencies have indeed increase significantly lately. Many people predicted a short rise in bitcoin's price before the halving.
So may be because of the hype people would have bought in creating a short spike in bitcoin's price.
The price is still holding well which is a positive sign for it to increase further in near future.
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