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481  Economy / Economics / Re: Question about MarketCap and Cashing Out on: December 20, 2019, 01:52:08 PM
So lets say BTC is worth 100K / BTC

Now lets say that i have 1 BTC , and i wish to sell it to someone and they say "I'll give you cash -5%"

So i take Fiat money , and take out 95k and proceed to send them the BTC.

Would the market cap go down if i took out 95k out of the market cap?

How would anyone know or how would the metrics figure out that 95k has been taken out in cash if i have just sent BTC to someone else?

Thanks everyone!

On my own perception, it may affected for just a while but it will recover it afterwards. Well, on your point about that BTC volume , there are a lot of users who will try a risk and may take a profit just like a give and take unless a very huge amount of volume that may affect on the whole crypto currency community.
482  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop shielding Scam,fake, or unproductive altcoins project on: December 20, 2019, 01:08:54 PM
Promoting scam projects is also like spreading fraud. It's necessary that we'll know what we're protecting, shielding and promoting so there will never be more victims of scam and fraud. Instead of promoting suspicious projects, we better spread awareness which would help the whole crypto community.

Let's help the community, to lessen this occurrence of scam and fraudulent projects. If this will happen again and again, this will fear of cryptocurrency to have bad reputation. People who had bad intentions always tend to promote any kinds of scam projects. By sharing any of those suspected scam promoters in this forum, that's a great help in order to stop this kind of evil.

We can't easily stop those users doing not legit project but we can minimize it by being attentive and observant on those new projects here in crypto currency community. Also, we must help each and everyone of us here by sharing those suspicious project like they have lack of informations about their projects.
483  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Advice to bounty hunters that wants to quit on: December 20, 2019, 12:10:51 PM
I found that when the market of the cryptocurrency market is gradually downturn, most people do not care about bounty activities, but I always insist.

Those crypto enthusiasts who are paid well, good for them in which nowadays is so rare to find a good and legit bounty as I experience a bounty this year didn't pay in which it takes a couple of weeks to be part of that bounty. Hopefully those user who experience my side will be lessen and must aware for the next bounty they join.
484  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Exchanges that offers staking service on: December 19, 2019, 12:49:17 PM
Staking is the next big thing in crypto space now and many Prove if work projects are abandoning pow for staking, i think tezos is the best staking coin till date and its been well recognized by many top exchanges, the coin will grow easily in future

Staking is already been use and it's been proven here in crypto currency community and definitely effective. There are a lot of projects that can be trusted here in which that needs more time to know it that can be potential demand in the digital world and can give a huge amount of profit in the future.
485  Alternate cryptocurrencies / Altcoin Discussion / Re: Teach me how to fish on: December 19, 2019, 07:52:46 AM
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish

Experience is the best learning. I don't think you couldn't even learned about your bad experience in which you will able to know what is the best and what is the worst on your possible moves in making trading process. I also experience a very huge losses in trading but it will able me to learn and mold me as a trader that will able to have a good return even just a little profit.
486  Alternate cryptocurrencies / Altcoin Discussion / Re: How to introduce crypto currency to newbies on: December 18, 2019, 01:34:35 PM
In your opinion, what is an effective way to introduce crypto currency for newbies, and how important do you think?
I think platform like the Brave browser are a very effective way, this is important because newbies are the future?
Give all your thoughts here

Base on my own experience, I will introduce by those who are open minded people and can easily to understand. Also, if they are not contented on my explanation I let them ask many question and I will answer it to the best knowledge that I have all about crypto currency.
487  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Country for finance regulation on: December 18, 2019, 12:45:07 PM
We country's regulation is quite easy for our finance project for a Crypto related finance project


Since its financed by us we were looking at a pocket friendly option.

Each country have their own rules and regulations which I think your point is to finance or invest some projects which can be demand in your place. I would say nowadays is not easy to finance since the market is so bearish but nobody knows it comes on your luck that you may have a good project that can be have a good profit here in crypto currency community.
488  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Looking for bounties on: December 18, 2019, 02:00:00 AM
Hello guys, I'm looking for a new bounty to join. May I have some suggestions/recommendations?
Nowadays, finding new bounty campaign is getting hard especially a legit one. We can't easily guarantee by dropping here in which you need to know it by yourself. Search for it and study the bounty you want to join. Also, try to look their platforms and advocacy that can been demand here in crypto currency community.
489  Economy / Economics / Re: Greeks face heavy fines if they don't spend 30% of their income electronically on: December 17, 2019, 11:05:20 AM
I have also read the news that several countries have also issued policies to limit and reduce the use of fiat money. and maybe this policy will encourage the government to also legalize cryptocurency as an alternative means of payment.
and I agree with the opinion that maybe the Greek government issued the policy to be able to take tax automatically from the accounts of its citizens so that no one will be in arrears to pay taxes.

Every country has their own way of rules and regulations. Well, we have nothing to do about that since we just an ordinary people here in our society. Nowadays, I don't see any changes in our place but on that kind of situation as they limit and reduce fiat is somehow not a good idea in which fiat is the best choice of doing a payment transaction.
490  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Twitter to launch a Decentralised Platform Soon on: December 16, 2019, 01:15:25 PM
Decentralized they say? I always have second thoughts on this one specially we do talk about big platforms on here.
Facebook trying to do such thing and other messaging app but what we can still on abiding with their own terms.So where's the decentralization on here?
They might able to integrate blockchain tech but i dont 100% believe on going to the road of fully decentralized.

Applying decentralization is somehow impossible especially known social media accounts like facebook and tweeter. Base on my own perception, they just want to caught the attention of many here in crypto currency community and to gain more investors as well as those users to support their own platforms.
491  Economy / Economics / Re: 2020 Good for USA dollar Bad for USA stock market on: December 16, 2019, 11:50:18 AM
2020 is Good for USA dollar coz debt Will arise and to pay debt u need to have USA dollars.
Just coz of high debt the value of USA dollar Will Go Better.
So the USA dollar Will have Some tremendous growth.
Also the Canada dollar value Will grow 2020.

But USA and Canada stock market Will Not do great.


That's all according to Precirse calculations.

experts speculate that by 2020 the stock market will lose a bigger marketcap and will enter the cryptocurrency,
hopefully that will happen so that bitcoin will explode again!

Most of users here in crypto currency community predict that by 2020 it's gonna be a huge increase. As we just hoping here and try our luck to gain amount of profit. Also, I don't think that by 2020 will increase tremendously, maybe it will increase but not as much as the last quarter of 2017.
492  Economy / Economics / Re: 2020 Good for USA dollar Bad for USA stock market on: December 15, 2019, 02:42:03 PM
Most times in an election year the market does really well, but being that we are at alltime highs I can see either a auteur or a large correction coming.  What goes up must come down right.  Putting more money into the market at this point seems like top buying.  Not worth adding any extra into the market.  I'd rather buy when things are brutally red

I agree with your assessment. At this point we should be focusing on protecting gains while also preparing for a stock-market crash to snag assets for cheap. We don't know what the extent of it will be but I think it's prudent to assume it'll happen sooner than later.

Precisely, we need yo foc on how to protect out gains. Well, it is somehow needed for each and everyone of us here in crypto currency community. As the market continue its not in good condition, we have nothing to do about it but to wait and hoping that it may recover as wish by many here in digital world.
493  Economy / Economics / Re: The Government-Backed Digital Dollar (USD) on: December 15, 2019, 02:07:32 PM
The US government is too strict on cryptocurrencies. But they have so many departments that it is difficult for them to achieve coherence. Unlike the United States in Europe, where it already uses the same currency for member countries, it is less difficult to implement the idea of ​​a decentralized digital currency. Similarly, in China, where leadership dictates its rules to everyone. Although this attitude of the USA surprises me. Aren't they afraid to keep up with the world


Every government on each country has it's own rules and regulations in which need to follow it in order to avoid conflicts. As the crypto currency become more demand throughout the world many users want to us it by transferring it from one place to another. Just like that your country legalize crypto currency and by travelling to other country you can't access due to it's not authorized. What I mean to say each of us must aware the different place as we want it as I'm still hoping that those country didn't legalize crypto currency will be legalize soon.
494  Economy / Economics / Re: New law enables german banks to sell and store cryptocurrencies in 2020 on: December 15, 2019, 11:19:52 AM
if Germany would do that, why is it so difficult to do in America and China, because they are in the first and second position of the economy?
what makes it difficult for them to implement it.
whether the rules are different, or the government deliberately prohibits it for a reason.

It can be both, and I mean not only the USA and China, but other countries too. It is no secret that in many governments, if not in all of them, there are people who oppose the implementation of the laws which can make the utilization of cryptocurrencies easier. But I think that we are closer and closer to the point when such actions and/or laws do more harm to the countries than to cryptocurrencies.
On daily basis, the users of crypto currencies are increasing which clearly shows that they are the future of the world. People even have started calling banks useless by the invention of crypto currencies. There are few countries which have realized the worth of cryptos timely and have made them legal. Sooner or later all states have to accept cryptos because public demand this. People find crypto great.

I definitely agree on that mate. As time passed by many users getting involved about crypto currencies as they want to know, explore and invest on it since its already proven its capability that can have a great amount of profit. Though, it takes time to wait but I definitely believe that can give a profit in the end.
495  Economy / Economics / Re: What is the weirdest thing you have seen for sale for Bitcoin? on: December 14, 2019, 02:59:54 PM
I've seen worse like men selling their semen, young girls selling virginity, women selling their wombs (they're called surrogates).
You might think there's no demand but the reality is different. Semen is popular among lesbians who want to have a kid "together", rich old guys pay a lot of money for virginity, surrogates are especially popular in poor countries...
Yes but isn't it really weird to buy semen to a complete stranger and from online. You never know whether a person is sick or not. If ever, I were to buy one, I'd rather choose someone I know or someone I can trust I guess?

Virginity? Sad but yes, that's been a thing... Rather than finding it weird, I feel bad for those people.
If you notice people nowadays have become so wired they use to sell and buy so many things like this so I think no one can buy virginity with bitcoin it’s much better to be wide and buy only those things that could be useful. I saw so many people who want to buy their childhood with it so do you really think it’s possible,??? For me, it's really wired to have such desire.
Many people sell bitcoin when lower price and buy after bitcoin have higher price, look weirdest with people attitude when when buying bitcoin after have higher price and keep selling when bitcoin down, its not good ideas for investor where have buy and invest with bitcoin when price down and keep selling after reached with higher price.

We can't guarantee in the first place regarding the value of bitcoin. The user may do a panic selling due for some users as they can easily sell their own bitcoin for a very low price. I would say experience is the best learning in which in the end they will regret as the bitcoin increase much more on the value as they sell it before.
496  Economy / Economics / Re: BTC to GOLD on: December 14, 2019, 12:19:03 PM
I am pro bitcoin but I am not too much excited about bitcoin. I have due respect for Gold and other commodities also. Gold is trusted as a valuable asset for centuries and even in today's world its more worthy then bitcoin. We need to realistic about bitcoin, its a valuable investment asset also but don't think that there is nothing else in the world greater then bitcoin.

We all know that bitcoin is so volatile in which you can invest it for now and can be have a huge profit in the future. On the other hand gold is somehow a good investment but it takes too much time to wait when it comes to increase. Thus, both is profitable but the most challenging part on it is to wait and extend your patience as much as possible.
497  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty problem and solution on: December 14, 2019, 04:07:18 AM
RESTRICTIONS AND LIMITATIONS FOR PARTICIPATION IN A BOUNTY CAMPAIGN EQUAL TO HIGHER PAYOUTS

I think its time that bounty managers should start putting limitations on new bounty projects to avoid spams, the problem in this space today apart from scam projects is this forum is flooded with spammers and too many bounty hunters which makes reward unfair for hunters, what do you think? Agreed or disagreed? drop your points below

As far as I know, limitations is already implemented from those bounty managers but not all bounty managers doing that. Also, spammers here is already part but not as rampant as nowadays. In some point we can't easily control those spammers in which they also invest time and money as they can have their own reward.
498  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How exchanges treat the stolen Money? on: December 13, 2019, 03:00:03 PM
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?

On my opinion, regarding about that as far as my knowledge, the exchange have nothing to do about that as the exchange can have an income they are not responsible about your funds in which it could be from hack money or not. Also, those exchange are just relying from the users actions and basically they have nothing control all about that.
499  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Freezing Funds from Hacked Exchanges on: December 13, 2019, 11:46:22 AM
There are some consecutive incidents have been happens about "stealing funds"

But let's talk about the usually scenario on crypto world which is "Hacking" and how exchanges helps to minimize and protect not only the funds of the investors as well as protecting trust of all crypto users.

There are narrative that saying exchanges like Binance, Bitfinex, poloniex etc. Practicing frozing funds from wallets that currently holds funds from hacked exchanges.

Is it possible that they give back the funds from investors who are victims of exchanges breach?



"Binance has a longstanding history stopping stolen exchange funds from being deposited and traded on its exchange. In January of this year, Binance froze all funds associated with the hack on Cryptopia. The exchange lost some $3.6M in cryptocurrency and Binance took efforts to freeze several batches of deposits, including Metal (MTL) and Kyber Network (KNC). Binance also froze all funds linked to money laundering from WEX in October 2018."

This is indeed a great move by binance. I'm even surprised that funds of such nature could be traced and frozen. I'm even hearing for the first time that cryptopia lost $3.6m. I had some funds in the exchange before the incidence and I also got to know that the exchange has been liquidated.

On my opinion, it's a good move by binance as they do something good for those users of binance as they just want a user have a secure funds. Every one of us want a secure funds since the binance exchange do their own way we must aware next time so that we can do our own way of exchange process.
500  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: UNFAIR TREATMENT OF THE BOUNTY HUNTERS on: December 13, 2019, 09:39:57 AM
It is so unfortunate the kind of bad treatment unleashed to the bounty hunters by the project team in the recent days. Hunters are treated lesser than beggars by the team despite working days and nights in promotion of the project to its success.
Most teams forget that the work of the hunters is responsible for bringing the investors which contribute fund to finance the project. The team instruct the bounty manager to change the bounty rules unfavorably to hunters hiding under the rule that they have the right to change the rule as they are pleased. The expend the bounty duration without increasing the bounty pool. They delay the bounty distribution in fear of dumping which most of the time do not come from the hunters but from the investors who got outrageous bonus on their investments or the team members who doubts the objectives of the project.

The bounty hunters has to find a way to stop this unfair treatment as it is already becoming unbearable.

Well, we have nothing to do about that mate as they have their own qualifications about that. Each of us aim a good bounty but in some point we might experience not a good one. Here in crypto currency community will be lucky or not as we just we wish our luck here..
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