Bitcoin Forum
July 12, 2024, 03:05:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 [242] 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 ... 477 »
4821  Bitcoin / Bitcoin Discussion / Re: Craig Wright: A Very Wrong Person on: February 18, 2020, 12:00:58 PM
The man is delusional. The things he put on his website are laughable: https://craigwright.net/



Creator of Bitcoin – Satoshi Nakamoto.
Eternal student & researcher. nChain Chief Scientist. Lawyer, banker, economist, pastor, coder, investor, mathematician, stats & world curious.
My opinions are my own.



Do you think it might be worth starting a fundraising round with a view to take him to Court to prove he is Satoshi or he should withdraw that statement Creator of Bitcoin – Satoshi Nakamoto as stated on his website?

Or do you think we should all just let him be so he can live in his own fantasy world and be happy/deluded at the same time?

Craig Wright is just trying to make some easy money while acting like a clown.He is just like John McAfee,but the only difference is that Craig Wright wants to patent and own Bitcoin/blockchain concept so all the Miners and devs could pay him royalties.He can't prove his claims about being the real Satoshi,but he will continue to bitch and moan about it.We are way to focused over Faketoshi Wright.It's way better to just ignore clowns like him.
4822  Economy / Speculation / Re: Interesting fact: When Bitcoin reaches $100 000... on: February 18, 2020, 06:21:37 AM
...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.



Yeah,the global market cap might reach 2 trillion USD.And SO WHAT?Why do we have to care about market caps?Do you realize how difficult it will be for Bitcoin to reach 100K USD?
1.Every time there's a bitcoin pump,many traders sell BTC and buy altcoins,waiting for bigger profits.This pushed the bitcoin price down.
2.Every time there's a bitcoin price pump,the mainstream media "FUD army" starts the same old FUD propaganda campaign that scares away the noobs,who might buy BTC for the first time.
3.If there's a big bitcoin price pump all the governments,central banks,SEC,etc. will start shitting over bitcoin.
4.Probably 3/4 of all bitcoin users HODL their BTC.If there's a big price pump,they will simply start selling their BTC,thus the price will go down.
4823  Bitcoin / Bitcoin Discussion / Re: RIPPLE CEO goes on CNN , attacks Bitcoin on: February 18, 2020, 06:03:46 AM
I sad thing is that some people might believe the shit that he is talking about.Noobs that don't know how the blockchain works might think that the entire BTC system depends on the Chinese miners and without them,Bitcoin is doomed,which isn't the case.Anyway,It's normal for an altcoin developer/owner/CEO to shit on Bitcoin.This is the only way they could possible pitch their shitcoins,by screaming "bitcoin sucks,our coin is better than bitcoin",but they fail to explain why it's better.Some people even doubt that ripple is an actual altcoin   
4824  Bitcoin / Bitcoin Discussion / Re: BTC possibly being developed by US intelligence: what it brings (op-ed) on: February 17, 2020, 01:20:33 PM
There's an article about your hypothesis that was published back in 2014.

Link:https://siliconangle.com/2014/08/12/did-the-nsa-create-satoshi-nakamoto/

The question "Did CIA/NSA created Bitcoin?" can't get an answer by anyone,except  the US government,and the US government will never answer such question.So this topic seems kinda pointless to me.
At least,if the CIA really created Bitcoin,we can be 100% sure that the US government will never ban bitcoin trading and mining. Grin
If the CIA really stands behind Bitcoin Core,they would never use a nickname that suggests that CIA stands behind Bitcoin Core.
4825  Bitcoin / Bitcoin Discussion / Re: Craig Wright Potential Lawsuit to Bitcoin on: February 17, 2020, 12:17:46 PM
The only interesting thing about this nonsense is that Craig Wright is officially against his own altcoin-Bitcoin Cash(BCH).I guess Craig lost control over his altcoin via last year's BCH forks,and now he wants to make some money via lawsuits.The funniest thing about this is that he "warns Bitcoin and bitcoin cash".How the hell can you threaten the users and developers of those cryptocurrencies to stop using them?The amount of active users and developers is what makes a cryptocurrency valuable.Without the people,the value of BTC and even BCH would be zero.
4826  Economy / Economics / Re: What will be the affect of Valentine day on Bitcoin Price on: February 17, 2020, 06:38:00 AM
Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

I couldn't care less about Valentine's day and I don't care about it's impact over the Bitcoin price.Is there any impact over the price after all?Do you think that cryptocurrency traders and Bitcoin Core supporters start buying more Bitcoins just because it's Valentine's day?Did anyone created an analysis that proves this theory?
The only impact of Valentine's day I can think off is the fact that many bitcoin supporters might have sex with their girlfriends and get them pregnant.More crypto babies that will adopt bitcoin in the future. Grin Grin
4827  Bitcoin / Bitcoin Discussion / Re: PEOPLE WILL NEVER STOP FALLING FOR SCAM on: February 17, 2020, 06:32:40 AM
Stupid and lazy people will always lose their money in the end.That's how capitalism works. Cry
The situation you are describing was back in 2017.Back then,people were way too ignorant and naive about the cryptocurrency world and all the ICO,HYIP,ponzi,MLM scams were flourishing.
I hope that,at least a part of the people,who were scammed back then didn't give up and tried to learn and gain experience about using bitcoin/altcoins, crypto trading,etc.
4828  Bitcoin / Bitcoin Discussion / Re: Mail Bombing in exchange of Bitcoin on: February 17, 2020, 06:15:37 AM
most likely the culprit is someone from the bitcoin haters group because by committing crimes like this and linking bitcoin in it, I think this is a good opportunity for bitcoin haters to make bad news about bitcoin and they hope that the government will prohibit people from using bitcoin in the country them to avoid various other crimes.

I don't think so.He doesn't care about Bitcoin at all.He is just a sociopath,who wants easy money.
I think he is really stupid and insane,because nobody would pay him anything,because that doesn't guarantee that he will stop with this terrorist tactic.The authorities don't negotiate with terrorists and they don't pay them ransoms.By the way,I think it can be really easy to catch him.Those paper mails can contain his fingerprints,so the police could identify him.
4829  Bitcoin / Bitcoin Discussion / Re: BTC ATM's installation and business model, any advice? on: February 16, 2020, 12:22:00 PM
I am UK based and looking to setup a BTC ATM, initially just one or maybe two locations, I'd rather not lease or take on a franchise, but run a machine myself. Has anyone any experience in this?, where's a good place to buy the actual machines? - I've seen a range of prices from US to China, how is easy is the software setup? I know the turnover question is difficult to answer but selling small amounts of SATs, can one location sell up to 1 btc per day?, any other things I should be aware of? BTW am pretty much clued on local laws in the UK.
Thanks in advance

Do you live in a big city?Having an ATM at some crowded place might generate some transactions,but I really doubt about reaching 1 BTC per day.I assume that you will need some kind of permission or license by the local authorities in the place where you live.If you ask me,leasing and franchising are the best options for a beginner.If you cover all the costs of buying and installation,combined with your lack of knowledge about how to setup and run the machine,you will be taking a big risk.
4830  Bitcoin / Bitcoin Discussion / Re: How to Earn Bitcoin in 2020 on: February 16, 2020, 12:16:04 PM
1.Forget about Bitcoin faucets.You will earn 0.01 cents per year if you are consistent.
2.In most cases you can't EARN bitcoins via crypto trading,because only the most skilled 10% of the traders end up with some profits at the end of the year.It's risky and requires lots of skill,luck,knowledge and big capital.
3.Bitcoin lending is dead (in my opinion),unless the borrower provides a big collateral of stable altcoins.
The whole point of this Medium article is to promote some links,I guess.
4831  Economy / Economics / Re: crytpo economics and fractional lending on: February 16, 2020, 07:09:01 AM
Hi

Can someone please explain to me how cryptocurrencies could potentially replace our current economic paradigm without a fractional reserve lending aspect inherent within the algorithm???  

First,cryptocurrencies will never fully replace the current economic paradigm.They might exist as some kind of addition to the financial system,but the current fiat economy will remain as a "solid" foundation for the next decades.By "solid" I mean that the governments will keep protecting the fiat+fractional reserve banking system at all cost.
Second,the peer-to-peer cryptocurrency lending platforms that had launched in previous years were a failure.Perhaps lending smart contracts and the DeFI apps could bring something new to the table.
4832  Economy / Speculation / Re: Bitcoin Uptrend Broken on: February 16, 2020, 06:35:21 AM
There a was BTC price bubble that pumped the price during the last two weeks.Now,many traders who bought at 8K USD realized that the price won't break the 11K USD barrier,so they are selling at 10K and cashing out the profits.Let's see how much the price will drop in the next few days,before we conclude that the Bitcoin uptrend is broken.It's too early for such conclusions.+/-5% fluctuations are normal for the cryptocurrency markets.
4833  Bitcoin / Bitcoin Discussion / Re: Simple BITCOIN Analysis on: February 16, 2020, 06:28:15 AM
Everytime Bitcoin price drops, there is always buying up for the price to reach a new high.

Everyone might be used to this pattern by buying the dips at every new high lows form without minding the risk with the hope of always bouncing back.

What will happen is that there will be a lot of people that will buy at every high intervals and could lead to a big market correction where people will be forced to sell at loss.

No one knows when this will happen , but the fact is people that bought high will get tired after several wait for the bounce back to happen which will lead to sell off to cut loss.

There has been more than two bounce back recently that lead to new price but now a trend line has been broken. This calls for a big caution. Market could go deeper or higher. Let's remember BTC has a mind of its own.

Trade safely .

Your case scenario will be true only if 100% of the buyers are buying Bitcoin and waiting for short term profits.Which isn't the case.I think that most of the buyers buy BTC with intentions to HODL for the long term.Only the bad traders sell at a loss.If the price is going down,they will just HODL and wait for a new bull run.This includes the people,who bought BTC at ATH price  back in December 2017.I'm sure that most of them will wait for years,so the price could go close to 15K USD,so they could sell.
4834  Bitcoin / Bitcoin Discussion / Re: Gaming Industry and Cryptocurrency! on: February 15, 2020, 12:46:57 PM
Cryptocurrencies and the GAMBLING industry can fit very well,but I'm not so sure about cryptocurrencies and the gaming industry.More than 10 years since the creation of Bitcoin and several years after most big altcoins were created,I can't see a game using cryptocurrencies to buy and sell virtual game items to be really popular and successful.Congratulations about the Minecraft server that uses BTC and let's hope that the Fortninte clone game will launch successfully,but those aren't original concepts.Copying Minecraft and Fortnite isn't enough.We have to come up with a unique crypto game concept that can't be exploited,with a virtual game item marketplace that can't get manipulated.
4835  Economy / Trading Discussion / Re: Boom and bust with Bitmex on: February 15, 2020, 12:25:51 PM
What do you mean by "algo pattern"?
So you are saying that you had successfully predicted the crypto market price movements for a while?
How did you manage to achieve this?What was your analysis?
I always trade cryptocurrencies with the assumption that I will lose 100% of my investment.I usually use small amounts of coins and no leverage,so I don't regret anyway.Good luck with your second attempt to make some big profits from crypto trading.
4836  Economy / Speculation / Re: Bitcoin won't surge past 11k, your thoughts... on: February 15, 2020, 12:15:12 PM
Bitcoins all time high of this year is all set to stop according to the indication, there was a massive pump from the last week which crossed $800 in a week was really amazing from BTC. Here I will share a link where it clearly shows that BTC won't go beyond 11k. Guys kindly share your thoughts.
https://www.newsbtc.com/2020/02/13/bitcoin-wont-surge-past-11k-just-yet/amp/

The Bitcoin price won't go beyond 11K in the next few weeks,but I'm optimistic that it will go beyond 11K USD after the halving.The problem is that the "FUD army" will wake up sooner or later and it will start another negative propaganda campaign against Bitcoin.This happens every time a bull run occurs and there's nothing we can do about it.The BTC price peak of 2019,which was somewhere around 12,900 USD will be reached again in 2020,but the 2017 ATH (19K USD)will never be reached again.
4837  Economy / Economics / Re: Crypto Conferences getting Postponed. on: February 15, 2020, 07:26:21 AM
Quote
Due to this virus, Binance Blockchain Week in Vietnam was postponed that was scheduled from February 29 to March 04, 2020.

Delaying an event for THREE days won't help protecting the event participants from the coronavirus.
According to the medics,the coronavirus will keep spreading until April.Perhaps Vietnam hasn't that many infected people,compared with China.Anyway,I don't think that those Crypto conferences matter that much about what's happening in the global crypto community.If the coronavirus spreads across Japan and South Korea it might create real problems for the crypto world,but this is very unlikely to happen.
4838  Bitcoin / Bitcoin Discussion / Re: Tony Hawk foundation accepting Bitcoin! on: February 15, 2020, 07:14:40 AM
Good for him,but I really don't know how skateboarding can help for improving the society.This sport is really difficult to learn and practice and there are lots of body injuries(broken legs,arms,ankles) until you become a master at skateboarding.Having a skateboard was cool back in the 90s,but now most of the lazy young people  use scooters. Grin Anyway,I appreciate any initiative that accepts Bitcoin payments and donations.
4839  Bitcoin / Bitcoin Discussion / Re: How interested are you to lend BTC out? Need Your Input! on: February 15, 2020, 06:51:07 AM
I would lend my Bitcoins only if there's a big enough collateral-altcoins like ethereum,ripple or monero that have somewhat stable prices.The main problem is,will someone borrow bitcoins,when the BTC price is going up?HAve you asked yourself that question?
Anyway,technically speaking,you can't lend bitcoins while still HODLing them.
You can't eat the cake and keep it for yourself at the same time. Grin
I don't wanna complete your survey because I don't trust the link that you provided.If you were using SurveyMonkey or Google Surverys I would have gladly participated in your survey.
4840  Bitcoin / Bitcoin Discussion / Re: Happy Bitcoin Valentine's Day! on: February 14, 2020, 12:29:23 PM
Nice initiative(if you aren't joking). Grin
I don't think that any girl will spend any of the bitcoins you are about to give away.
Anyway,I don't celebrate Valentine's Day,because I don't have a girlfriend and,even if I had,I wouldn't celebrate it.Valentine's day is just a western marketing trick,created to manipulate more men into buying "romantic" stuff for their ladies. Grin
I'm a bitcoin supporter,but I don't love bitcoin.After all,BTC is just a bunch of programming code.
You can't love that. Grin
Pages: « 1 ... 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 [242] 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 ... 477 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!