Latest posts of: CryptoBry

I believe that PlayHall is a project at the right industry and at the right time. Mobile gaming is about to explode as people are preferring to use their mobile devices now...this is a very lucrative opportunity which a good project can easily exploit. PlayHall has a good team that can make things can true. I know because I carefully browse many of their documents and in the very site itself.

Well, in this world anything can be possible though at the rate we are going here in cryptocurrency the odds may not be on the favor of reaching that high marketcap. However, we should be content with the fact that Bitcoin and cryptocurrency is really here to stay and that soon we might be seeing many countries adopting their own regulatory framework to recognize Bitcoin (as well as collect taxes, of course). The future is starting to look bright for Bitcoin though we have to be understand and expect that road to triumph is not paved smoothly.

I may not have a big hoard of Bitcoin but I am also hoping that Bitcoin will finally be surging back even to the $15,000 level so that I can also convert my holdings into the fiat money as I need it for some business expenses. At the same time I am hoping that my tokens from the bounty work will rise in value so I can convert them to Bitcoin. All the hard work can be compensated once the market is back to real green.

One thing I learned about Bitcoin is that any surge and any slide can be attributed to anything true or just imaginary especially after the whole thing transpired. We have become good analysts on anything related to Bitcoin but we know that Bitcoin can move up or down anytime even without any reason behind. How many times have we been surprised by Bitcoin? How many times have Bitcoin been declared to be dead? As far as I know there is no single person or any group that can categorically say what can happen next with it...all are just guesses.

One thing is quite clear here: these leaders know that cryptocurrency is something that can not be stopped anymore and all they can do is regulate it which is in a sense recognizing its role in the society and extracting some taxes on the industry just like any other legal industry we have. We are now therefore entering a better environment as far as cryptocurrency is concerned. No ban but there will be strict regulatory framework which can be established soon.

I am hoping that Bitlem will also have its own promotional bounty program so that the good news can be spread in social media. Bounty is an effective way of creating more attention, more buzz and hopefully more revenues for the project. Please consider this suggestion. I can see that the project is really good and building a community around it can be so pivotal to its success.

This is a very good #OPEN review...as the ICO is getting near more and more mentions and buzz have been generated by OPEN and this is just telling us about its potential that can be unleashed soon...let's continue on supporting OPEN.

Quote

ICO Review: OPEN Platform. OPEN is offering the first blockchain payments infrastructure for applications. This infrastructure allows applications to handle onchain transactions and update off-chain data tables. Open Platform claims to empower application developers to use blockchain in languages they are comfortable. Developers can build in any language they are comfortable with using OPEN API. Any sort of language coding can use OPEN for a variety of use cases.

Source: https://coincentral.com/ico-review-open-platform/

What a way to market a project! I am hoping they can come to my place so we can also take hold of those tokens from Mainframe. This can be the way to spread the good news about digital currencies...give more to gain more. Anyway, since it is digital the cost of such a giveaway can be so minimal. Thanks Mainframe for such a move. Nothing can stop the cryptocurrency movement because governments will realize they can lost potential tax revenues if they choose to ban rather than regulate.

This is a very favorable press release for Bitcoin and I assume for the whole cryptocurrency movement. I am sure that we have a good supporter in Twitter's CEO. And while am concerned about the stand of Facebook on Bitcoin-related ads, I am hoping that Twitter will not be following the same stand and will not be restricting ads especially with ICO programs though they can screen programs so that scams are not permitted to get in.

Quote from: mhsingh on March 22, 2018, 03:55:47 AM

Do we need to Advertise Bitcoin in Television Programs Like all other products showing there Advertises. As most of the countries trying to ban Bitcoin I think it will help all of us the more people will know about Bitcoin and its merits and demerits. So may Government think twice before banning.

Word of mouth is the best way to promote Bitcoin and it has been effective that way ever since cryptocurrency came into existence. However, no matter how good we can be promoting if there will be government intervention that can put dear in the hearts and minds of the people we can be on the losing streak. The reality is that the government is quite powerful and the best thing to do is to have regulations that will allow the use and trading of Bitcoin but then this can entails some compromises which can actually be better than a ban (just like what China did).

Quote from: Pursuer on March 21, 2018, 12:02:39 PM

not such a good example in my opinion. people don't buy "Gucci sneakers" to make profit, they buy them to wear. but when it comes to bitcoin, most people are buying it to make a profit and worst thing about them is that they are not traders so they want a rising market only to make profit and they don't even know how to make profit if the market is anything but rising only. so when the market is not moving according to their expectations and they not only not making profit but also losing a lot, they start complaining and panicking and eventually their panic sell crashes the price (the final crash before the reversal). if someone is buying bitcoin to benefit from bitcoin (like how they benefit from a "Gucci sneakers") or if they are traders, they would have never complained about dropping price of bitcoin.

And this is actually the reality that affected many people who are into Bitcoin thinking that the value will never go down when in fact they know that Bitcoin can be so volatile based on its past history and what is currently happening in the market. Last year there was an influx of newcomers to cryptocurrency and these people were complaining when the market was down. We just have to wait for it because I am sure that eventually Bitcoin will start to rise again.

I have both little Bitcoin and Ethereum and I guess there is no need to choose one over the other as of now. Why not continue on enlarging your holdings in both cryptocurrency? There is a good chance that Bitcoin will continue on with its overall leadership despite the many challenges stoned unto it but at the same time Ethereum has a good potential for more growth in the coming months. I don't see the point of limiting your choice with only one of the two. In fact, aside from these two there are more coins or tokens that got good potential of expansion.

Quote from: neliawesome on March 21, 2018, 10:52:46 AM

We all know that involving in bitcoin it takes your time and also money.Is it worthy to risk your time and money because of bitcoin?

The best person to answer that question will be you. Risk is quite relative what can be risky to me may not be to you and the other way around. A person who is a millionaire may not be feeling the risk to lose some thousands but for a person like me that can already be risky. Now, having said that, I am sure that you know that Bitcoin is really risky because it is basically volatile and we don't know for sure what can happen next especially that we are facing the regulatory power of many governments. The best thing to do is never to put your investments in just one basket.

The more we can spread this good news the better it will be for the more massive adoption of Bitcoin. Last year, the peak of discouragement for using Bitcoin as a currency came to big reality and I think there were many merchants who left either because of the long time needed for the transactions to go through or just because of anemic sales from customers using Bitcoin. Aside from volatility, the confirmation time needed can be an insult to this very platform. I am happy to know that now things are getting better and hopefully extreme clogging will never be happening again. Viva Bitcoin!

Quote from: zomgmike on March 20, 2018, 10:11:38 PM

I think the Internet makes a good model for what you're describing. The Internet itself is a good example of a decentralized and (mostly) self-regulated organization. At the highest levels on the behind-the-scenes of the internet are generally boards of trustees/directors (ICANN, ARIN, etc). After that very high level, once you're on the internet-as-you-know-it, much of what you experience falls back on non-authoritarian rules enforcement. For example, it's illegal to send spam email. But most of spam prevention and eradication is actually done by private parties. Ultimately, even when you do regulate the internet with traditional laws, the real enforcement and implementation of such is done by loosely-connected individuals seeking to achieve a common objective. The internet is beautifully self-healing and self-regulating.

I love how you are describing the internet here as far as regulation is concerned. The best way to deal with regulation is self-regulation though there will still be existing laws that can be used in the governance so that erring members of the community can be controlled using those laws. Hopefully, cryptocurrency is going to the route threaded by the internet and that the government will only intervene in extreme cases as can be defined by both sectors.