We all know that China has been a huge contributor in crypto until their government completely prohibited the use of crypto and banned mining. Despite that, there were still some underground users and mining farms who have been actively mining bitcoins. Now a study shows that China is dominating the global bitcoin hashrate by 66% . Much of it might come from Bitmain which actually stands as a monopoly in China. Don't you guys think that having such a huge dominance is a potential risk to the bitcoin network ? Drop your opinions below. Source : https://cointelegraph.com/news/study-chinas-btc-miners-control-66-of-global-hash-rate |
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हनूज़ मुम्बई दूर अस्त। Mumbai is too far off for now...
I dont think anybody should be worried about attending a technological meetup. Is it even possible to declare blockchain illegal. It is basically a set of data structures and Function calls. There is no need to associate any kind of shadiness with such a thing. I would be glad to attend if something of this sort happens in the NCR region.
Those of you around Mumbai, go attend..Share pictures..Maybe wear a guy fawkes mask if you'd prefer not to show us all how beautiful you are..LOL..
But c'mon..Go attend..
I know right. Despite that fact that cryptocurrency doesn't have any laws as of now, people are afraid of going public in this regard. Worst case is in Gujarat where the police arrests people who are dealing with crypto or mining crypto. I don't understand how the police can take such actions when there aren't any laws of crypto. 17th is Tuesday and I am sure office goers will not be able to attend such meetups during the weekdays. It is always better to plan such thing on weekends for maximum turn out! I could have visited if it was planned on weekend!
Same here mate! I am interested in such meetups but since it's on a weekday I won't be able to join in because of office. I would be more than happy if the event was conducted on a weekend instead. I would have surely shared the pictures as well. |
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I must say I completely agree with @NeuroticFish . Bitcoin is not about the price but the coin itself.
Yes it is still decentralized because many number of people hold bitcoin. Decentralization is not about the quantity that people hold but it's about the number of people who hold the particular thing. In this way, bitcoin is still decentralized.
I do agree that the distribution is not at an equal rate but we can't do anything about it. The distribution will get better as time passes by and more number of people join in.
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It doesn't matter much in my opinion because bitcoin is meant to be evolved on it's own.
It doesn't depend on any external factors for it's price and hence even if anybody is passing bills or regulations for bitcoin, it will depend on the people whether to accept those regulations or not. Bitcoin will definitely not depend on any regulation to grow. It can grow without any external factors if it wants to.
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I don't think lending and bot trading is a good way of earning passive income. It might be an efficient way of earning passive income but it's not guaranteed to give out profitable results every time. It is quite risky too.
I don't know about open trade and vertex.
I kinda like staking and used to stake some coins earlier but then the profitability decreased over time and hence I left staking.
I don't find any coins which are profitable for staking but you guys do let me know if you know coins which are worth staking.
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I don't see anything special in your so called pump and dump group. It's just the same like the others.
All you guys do is play with your customers money and dump it in the market.
You don't realize that at the end, if you are winning some money then there is somebody at the other end who is losing their money.
There is no such thing that everyone wins. If somebody wins then somebody loses.
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It's absolutely not necessary that the bull run should start in December or January will only go bearish. Why do you think there is a fixed time for a bullish or bearish trend. If it were so then the market would be very predictable and everybody would try to buy before the bullish trend starts and then sell before the bearish. This is certainly not possible which is why the crypto market is so unpredictable. The market might go bullish or bearish whenever it wants. We can just wait and watch as it happens.
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Bitcoin fees are back down! I am hoping that they stay down because these last few weeks have been painful. LOL, all you people trying to guess what OP means by the word fleas. Let me guess one as well. I think OP just misspelled the word fees for fleas. He might be saying that bitcoin fees are going down ! P.S: Saw the above post from OP later. So I kinda won in guessing the context. Lol  |
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At what price would you guys stop putting SIGNIFICANT amounts of additional money into purchasing Bitcoin  I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose. I am NOT asking if you believe Bitcoin will go down to these prices !!! I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. . OK we understand that 😁 BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment. Think it over carefully and give us your best, most honest answer. @HardFacts you’ll be surprised but people will put their life savings in bitcoins if it touches $0.01 again, because unlike other assets bitcoin cannot be manipulated and controlled. When I say this I do acknowledge that few whales can effect bitcoin prices, but that’s only temporarily in the long run due to its strong fundamentals it always bounces back. Hence i would never stop investing in bitcoins even if it touches $0.01, rather I would put everything I have because I would yet believe it could bounce back and generate good returns for me. Put everything you have? Man if the price really goes to $0.01 it means the whales are exiting the race. It does meant that the price will be dirt cheap but it will also create a panic in the market. The chances for it to grow up again would really be slim since people will lose faith in bitcoin. I would consider investing few hundreds of dollars in bitcoin but not everything I have. I may have invested a few thousands if I earned that much though. |
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If you can code android apps and websites and are learning bitcoin and blockchain then it shows that you know how to use the internet well.
In this case, you can further improve your knowledge well about crypto and development and can apply for jobs online.
There are many things you can do such as online jobs for fiat, crypto jobs, day jobs etc.. You can select any of them.
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So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think? There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/Not a big news, nor interesting one cause every govt should hear what their people want and to be like this country so it should be a normal thing. On the other side, the govt might want to ease the control of crypto utilization since their people don't need to do transactions silently anymore. Not every country has a good government and not every government listens to what their people wants. Many countries have corrupt governments and so it is indeed a big news if Ukraine legalized crypto payments. Such things should keep happening and only then will people realize the potential use of crypto. |
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Blockchain has too many use cases which might help the current economy improvise over time but for that to happen the industries should start implementing blockchain solutions in their businesses. Alibaba has recognized the importance of blockchain which may be why they have started cooperating blockchain platform in their business model.
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There are a few exchanges that have better policies than the other exchanges and binance is one among them.
Most of the exchanges have been hacked but very of them have survived and recovered. Binance did a good job saving money for incidents like these.
This shows that Binance is customer focused and not money focused.
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Anyway, that will also depend on how we manage ourselves. Many traders suffer big losses not because they start big or whatever it say on the OP, but it is because they really don't understand what they doing. Trading is risky and of course, it needs hard work to make it find and successful.
Trading is not for everyone thats why I agree that it requires hard work and most specially, patience. I have a lot of experience where the answer to my losses is just because I sold too early or I panic. Trading crypto is different from trading stocks. In stocks, news are very important, unlike trading crypto, its not the news that matters. Newbies should not yet invest in cryprocurrency market if they are still new, it is good if they will invest in learnings first. They do not yet know how the market works and they will lose their money easily if the invested without prior knowledge about it. They should have knowledge first about trading for them to protect their capital and make profit. It all depends on the perspective bro. Even if you start investing now it won't be considered as a bad idea because then you are just using another method to learn and that is learning from mistakes. I consider it as a good way of learning because you gain a hell lot of experience method through this method. |
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I would consider them as precautions or measures that we can take to avoid being scammed.
Once the money is out of your wallet there is pretty much nothing you can do.
Once the amount is trasnferred to the other wallet nobody can access the wallet except for the one who hold its private key.
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Humans tend to make mistakes as well but what makes them different is their ability to learn from their mistakes and improvise.
The ones who don't learn from their mistakes eventually end up landing in trouble.
I agree that people should to trade as soon as they can so that make mistakes and improvise quickly.
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If I were in your place I would be choosing to do both. As in I would post a bounty program which starts right before the ICO/IEO and continues throughout the fund raising part. This way we can create an awareness right from the beginning of the fund raising and that will continue throughout the series.
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The price going downwards does not depend on a single factor but multiple factors. Bounty hunters dumping their rewards, the demand and the supply, the potential of the project, the current market trend etc.. are some factors which derive the price of a coin.
If a coin has no potential then it will create a very low or no demand and then if the bounty hunters dump their coins then it will obviously drag the price downwards whereas if the demand is good then the price would significantly increase over time.
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These comments are just making me more curious to read more such comments and find out what people have experienced in their lives.
Most of the comments were really amusing to read. I have accessed the dark web but never really used it for anything since I was too afraid.
Although it sounds a little kinky but it doesn't look good to me in real life. I can only imagine people going crazy over this.
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You care about unemployment but don't care about your loved ones being in trouble because of those middle men ?
It's no rocket science that these middle men (i.e the bankers) have been troubling us since ages.
Now since there will be no middle men, these people won't be able to trouble us anymore.
You talk about life but my friend, you must look at life from a different perspective.
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