Anything is possible here in this world due to the adoption of better technologies and communication devices. Now a cashless society had been envisioned a long time ago. With the advent of credit/debit card, people were assuming that soon we don't need paper or fiat money but as we see it they go alongside each other. I think when we say a cashless society it would not be 100% cashless as there can be a certain percentage of the population who might not be able to adopt to such an idea and there can be circumstances when infrastructure is not present to effect that cashless concept. Remember that TV did not kill radio...so it might be the same thing.  Thinking the same but seeing from the perspective as someone who always feels insecure of what we have especially about digital things which really are vulnerable to hackers, it simply increase the chance of some people to not adopting such thing,they'll stay with what they have from the start which they might think the most convenient and safe way. |
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I think it will be a good day to buy up Bitcoin and also celebrate because we will be moving forward with better technology. Bitcoin is going to grow up and progress on August 1st.
I don't think so. The value of Bitcoin fell gradually starting July 7, 2017... Bitcoin value: $2581.46 - July 7, 2017 Bitcoin value: $2482.85 - July 10, 2017 Bitcoin value: $2370.97 - July 13, 2017 Bitcoin value: $2254.59 - July 14, 2017 Bitcoin value: $2206.73 - July 15, 2017 Reflects how panic people are, but, if the result after 1st August is good, the price could sky rocket just in short time. The rightest time to buy bitcoin is when bitcoin on its lower point which is 1 August supposedly. Though, it's like gambling, no one could predict what will actually happen. |
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Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.
I agree with you, poverty radication was the main problem of the world. The main cause of that was due to corrupt government and unfair treatment of the level of people. Bitcoin cannot end poverty maybe lessen the poor people but not ended. poverty will still exist nonetheless even if corruption has been eradicated. There are people who always work smart and efficiently, in another side, there are lazy and inefficient ones. The stake which those lazy people may have are now owned by the smart and efficient people, thus poverty happens. |
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Basically, the idea of Bitcoin splitting is one thing that will affect so many upcoming and already active ICOs negatively. This will bring a drastic drop to the price of bitcoins. Having too much bitcoins in your wallet but the value is nothing. Again, how about Altcoins.  How can you be very sure that the price will be falling hard? have you seen ETH splitting which makes the price of ETH is now thousands percent above the other one?. There's still a chance for bitcoin to be either dumped or pumped hard but pretty curious what is your reason? |
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Well, recently the US began exploring the potential of blockchain technology, which may exist a possibility of the dollar having its own private blockchain in the future.
Besides US many other countries are developing or they are in process of developing private blockchains for there own currencies. This is bad in my opinion, cuz we already have good and working blockchain. I dont see anything that will trigger this to be in some bigger motion. Maybe they are trying to create cuz they can control it, cuz current one they can not, I mean on all governments on this. They will stick with the current system, blockchain also have its disadvantages especially the scalability problem. I can say that if the whole US forced to use dollars based on blockchain system, there'll be many issue. As you can see yourself to what happened to ETH and BTC after these traffics are on its peak. |
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all you need to do is waiting and hold and you did it right. if you can hold until a year, then i am sure that you can hold it a moment while you can waiting what will happen in august 1. i am sure that in the end, you can make a lot of profit and in that time, you can have big smile in your face while you are in your new house. just be patience sir and waiting and you can do another thing to not open your android phone too often.
You must be never talking about huge money like thousands dollar or so. How worry you are when see your $50,000 turn down to $42,000 within a week! A high experience needed otherwise indeed you will get panic and sell it as soon as possible , we cannot say to be calm down as it is about big money. How about taking some action when the time is due, pretty much sure that the price will be dumped at that time and we can just keeping our wallet to open for those cheap coins. Though, not really sure what'll happen in the future, the market kinda unpredictable because of this one. |
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I'll wait to pass on 1 August. My own thought like this .
Actually wise thing to do, no one know what exactly will happen after the segwit activation and whether it's pump or dump it's always better to wait. Not going to regret of missing the train tho. better late than sorry. but, still, saving some of my coins if there's something big happen. |
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According to the website https://coin.dance/stats males make up 97% of the Bitcoin community. Why is the Bitcoin community dominated by guys? how they can collect the data? i am not sure that the percentage is up to 97% because how did coin.dance really know which user is male or female? beside that, when user want to used the wallet, they don't have to fill their personal identification except in the exchanges. but i think maybe male can so easy to get many info about bitcoin so bitcoin community dominated by males. Maybe they got the data from various exchanges that require an ID card to be approved to start their trade. But, frankly speaking the males "dominate" the bitcoin community is a really normal thing seeing from how much females actually get interested to some kind of technologies, it's just the same as game community and such that have low amount of female. |
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Savings in exchange are very practical for trading but also very risky. I don't understand why people keep their coins in exchanges. If it is for trading purposes, then they should immediately withdraw the coins once the trading session is finished. But many people keep their coins in exchanges for long duration, as evident from the Bithumb hack. As you know, trading is unpredictable, the price could change every time, how the traders could make a profit if they always withdraw their coins? Just use your logic, the only most efficient way is to keep it on the exchange. Just hoping that there'll be a really good decentralised exchange but let's come back to the reality. Even if so many people have recommended to not keep your money in an exchange, it's still a hard thing to do because of many factors. By the way, there's no such thing as "trading session is finished", trading is always taking advantage of the circumstance. |
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If Etherium dies... well, uhm, it won't die. It's just that, my friend. It is, on the contrary, growing. So, if I were you, I would be buying ETH, a significant amount, and hold it for some time. The price will still grow some more. You will reap profits if you have ETH right now.  It can't die and price will higher, with ETH any person can deploy code that is as secure, even more secure, than that of the worlds largest banks and their servers. Hope to see $500 end year. This year only from the infant level it has started to grow, right at the moment thinking all about the death of ethereum is simply not gonna happen. As the mate stated the price will increase higher along with the growth of bitcoin. Recently when bitcoin decreases, a decrease in ethereum too is experienced. Guess what, Ethereum's price and growth have nothing to do with bitcoin, so many people nowadays have seen ethereum and bitcoin as two different currencies, many ICOs now use ETH as their main currency basically because of their smart contract. One more thing, the dominance of BTC is now decreasing. Just because ETH and BTC dumped at the same time, doesn't mean it have some sort of relation or what. |
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And significant difference on trading volume as well, which one reflect the real price of DCT, you can think it by yourself, since 1 BTC is nothing compared to 601 BTC ( at the time I'm writing this )
By the way, the lower volume will have a big chance to be manipulated by an individual.
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In my country, I have to fill a form every year for the tax department, including my year end bank statement and the salary bill.
Together with some major bills for insurance and healthcare, that's all they get.
So I can hide cash under the bed, or have an overseas account, or have some Gold bars, etc. The goverment has to thrust me quite a bit.
They can check some transfers, but if you like to hide it, you can do it.
So the actual way of getting the real numbers is quite bad.
In Bitcoin
If the Tax department makes it a rule by law, that you have to report every BTC address you own, or every wallet you own ...
All problems solved, because then the Department has also the addresses of the petrol station and the deli you spend money.
In no time the system knows which tax counts here and can claim the respective amount from both sides.
Sure it is still possible to hide Bitcoins, but then it is illegal.
...or did I miss something?
It would be easier for them to just ask you about your total bitcoin holdings. But they will have to do it for all alt coins as well. Otherwise, people would just hold litecoins instead of bitcoins and avoid the taxman. Don't you think that once government make a law to taxes bitcoin, this law will also cover any other cryptocurrencies? Maybe the government will just consider the amount of LTC you currently own equivalent to BTC just for taxing purpose,or any other way they could try. Don't underestimate government if it's about the taxes, they'll just take as much as they can from you. |
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it's just too early to make a conclusion, the price might be down right now but who knows if the devs make a huge movement that could lead to token into a better rate?
The project itself is funded with huge amount of money and the devs seem have made an important movement to prevent from the price falling into the deepest, Just wait and see, some people even said that bancor is not a short term investment.
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Any news about Bittrex?Need a bigger exchange
Thanks for the awesome feedback everyone!
As usual, quick update:
We added ADX to be displayed in Parity
We're working on imToken right now
We've already applied to bittrex, so it's now up to them
imToken users: you have your token, it's just not displayed in imToken right now; if you need to transfer it right now, you can export your wallet and import it into myetherwallet or parity
maybe we will add soon as admin said they have already contact bittrex. It's clear now and just matter about the time, this project progress really fast. Even though, it's obvious that this project will eventually be listed to some popular exchanges. |
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At the end of may there was a polo ddos attack, the official story was too many new users. That is the time my account was hacked. I really feel that the attacker got a list of non 2fa accounts and just started going alphabetical. This other user had the exact same thing happen, A full fucking month later. Coincidence that both accounts started with an A? Doubt it. Polo was and is still compromised. My working theory is that the attackers hacked polo, got a list of non 2fa, then went manually through them alphabetical. The hacker has been able to do this for atleast a month and a half. The hacker drained my account nearly exactly like yours by setting counter trades. Yes polo should be able to track this, have they made any effort to call in authorities? I doubt it. Hence, I believe they should be opened to a lawsuit. In my case ,at the end of May, I booted fresh from a livelinux CD and used a new email address. The only thing I did different was I had to contact their help desk.
So I'm not sure how my account was compromised then.
Also my compromised account started with an A, so I assume hacker got access to polo database an went alphabetical.
Op did you previously contact the polo help desk for anything.
Also what letter did your account begin with?
My Account started with A as well (we may be on to something here)!! but not, I did not contact their help desk at all before that, Did you see any unauthorized activity on your account? Pretty sure that the hackers got the lists of both accounts with 2fa or non 2fa but just can't access the 2fa enabled accounts so the hackers just went through the unenabled ones. Big chances the hackers themselves have the access to the database because phishing account especially an exchanger ones is kinda difficult. |
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What would be your target price of Ethereum for 2022?
How about 0.4 - 0.5 BTC per ETH? As Ethereum is growing so repidly, that price is not so hard to reach, it's not saying about the dumping of Bitcoin price so that Ethereum Price should be 1000 - 1500$/ ETH in the future. That price would suck my money only for fees, as you can see that the current fee is about 0.001 ETH and if the price of each ETH is that high, we'll be doomed. Guess what, no more cheap token movement, each transaction you'll need to decide wisely. And one more, if the scalability become more worse, wonder how much money we'll spend for just sending a damn ETHs |
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Once the big boys start to play, it will get harder to make money. So be aggressive now, buy during this dip and hold. Most will rise and fall together.
I know, you're referring to unfair distribution in which majority of distribution will go to the whale or as you say "big boys". People who want to join the ICO are now need to compete with other people because ICO have a cap and the network might be down when you send your coin, once it become more popular ofcourse. |
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As I expected, thing goes smooth, the project itself already promising from the start and it can be predicted that the crowdsale will lasts in short amount of time. I guess the whole tokens will be sold in just less than a day. |
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Actually, it's really fair eh, I mean we all know that last year we don't really have a transction fee because we all know that time that bitcoin is just only 700$ and it's not that really big. But compare now, it'a almost 3k$ and it's just fsir to have a transaction fee to be also a help for thosr miners
Long time ago, bitcoin's fee is about 0.0001 and also the low price of bitcoin make it even cheaper but today alongside with the significant increases in bitcoin price, and a number of users, the scalability issues make the fees increasing significantly, from 0.0001 to around 0.0008 for average 226bytes transaction size. It's ain't fair and I can't even see the fair thing on this. |
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For every Etherium there is 0.11589994 bitcoin. For every 0.11589994 bitcoin there is $293.13. Well right now its a little bit big. Now let's talk about the bitcoin and etherium race for number 1. Eth is next to bitcoin in the chart. But in 5 years if bitcoin's growth will be stagnant then I think we can still see Eth next to bitcoin. But if bitcoin dumps and eth will continue its journey on its price going higher then we can see etherium will rise a little bit to the point that it will ALMOST beat bitcoin in the race.
I find it amusing that a lot of people are anxiously waiting for "The Flippening" by Ethereum. It is clear that Ethereum has scalability issues and cannot handle the amount of transactions Bitcoin is currently handling. If Bitcoin is scaled properly (without a chain split) I don't see any other Cryptocurrency passing it in the next 5 years — not even Ethereum. Reminds me of one time when many people said that bitcoin is kinda expensive and slow while they don't know the truth that the scalability could attack any crypto which use blockchain system and gets crowded. Now when ETH's network is down even if the amount of transaction is not as much as bitcoin, people lose their mind. An interesting thing to see overtime. |
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