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What the heck man, this looks like scifi movie of terminator. Lol. I would never do this as it will hamper my body badly. Injecting foreign material into my body looks like very uncomfortable and could cause me any disease due to material used in it. Why go with such option which does look like fantasy but worst application ever. I mean its far easier to use the ways of paying like wallets, mobile phones etc. They carry the NFC chip and that is sufficient for us to pay with.
These are technical stuff and they better be fitted with the hardwares only and they are not meant for the human implantation. These people are doing anything not earn money and its not good I think. I will never do this.
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For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.
There is only one reason for the exchangers to close down and thats regulations taking them down. Otherwise most of the exchangers are blessed with huge amount of money driving through them everyday. The coins and tokens get listed very fast so that they can be visible to people or investors and this way exchangers get their publicity done in indirect ways. I think exchangers are most secured business in terms of profitability and thus they have very less chances of shutting down immediately. However if there are any exchangers which are having almost no volume everyday then they can get closed down. |
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Anything, from little facts to long complicated technology explanations.
I truly want to learn some interesting things from different people, I'm ready for surprises.
I only understand one thing from the bitcoin and thats, it is best way to to transact as compared to the banking system. When transact through my bank the transactions are completely visible to people around me, it can be tracked by the government and it is also taxed heavily. While in my country bitcoin being illegal tender is not under radar by government due to insufficient regulations for the same. So I get the advantages of transiting through bitcoin. I can be anonymous and I can send funds to my friends and family with full confidence and that too with no extra taxes. This way I can earn online and I can spend online with the help of bitcoin. That is how I know bitcoin but I am not keen in terms of its technological aspects. So I just expressed the fact which I love about it. |
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Looks like you have hit the Stone Age. Lol. To be honest there is no way we can control the ICO projects from hiring the manager, it is done with their will and the deal is between the managers and them. If they higher manger which can not tell the difference between high quality English and poor quality English then that is their problem not yours, or it is their solution to get cheap mangers hired. This process is decentralised so you can not do anything about that.
The only thing you can do is, get yourself enrolled into bounty campaigns which are being run by some of the high quality managers. I would say there ar great number of managers like Yahoo, Sylon, ALU team and much more to count on.
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So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.
Have you noticed the same thing?
Actually this was the case before but not now. The altcoins are behaving same as the bitcoin now a days and hence the coins are going up when the bitcoin goes up and altcoins are going down when the bitcoin is going down as well. However the effect which you talking about used to be there when we were at the mid 2017 year. At this period the bitcoin and altcoin behaviour was completely opposite. The reason was simple, whenever bitcoin used to go down people use to buy more altcoins because they saw more profits in them and when the bitcoin use to go up they use to buy more bitcoin thus pushing it even further. |
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Many other source of money can become an addiction. For example gambling or stock day trading are often associated with addiction. Trading crypto is not much different from those two activities. Usually the rush and the confidence that you get from lucrative trading is what will be the cause of addiction.
Off course gambling is the worst addiction that you can have. Gambling in real world also is worst thing to follow. When you start with first round then you most probably loose the game and then afterwards you fight for your investment but meanwhile you start loosing your money and you don't even recognise that one. By the time you recognise you have lost then it is the time you find yourself addicted to the game and you start playing from the first round. You come online everyday and think that you will do best this time but the time never comes when you win. Lolz. Thats the funniest addiction you can have. |
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Any one From India?
Is it true that Cryptos will be banned in India??
Do we have to Pay taxes to Indian Govt. For keeping Cryptos
What I read and what I understood from the budget document says tat they are not going to ban the bitcoin from India. It is just been declared that all the crypto currency are illegal tender and is responsibility of individual who is using it. The taxes is thing which we should pay to the government willingly and if you don't pay any taxes if you are from the high tax payer list then obviously they will catch you and will cease your bitcoin in the first place. So its better to go and pay the taxes for your online earnings. Its the best move and also good thing for your credibility. |
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Haha, that's something cool I guess. It could be best way for managing your money. I mean we can save up money which we are spending on the unwanted things and which we could end up spending on best altcoins in the market. Sometimes we might hit best altcoin that might change our portfolio to something extraordinary.
So it's worth having Ramen week and save on the outside food. Also that food can just get flushed to the toilet next day but if you got lucky and hit the jackpot coin then we may just have hundreds of dinner outside. Haha.
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
There is no bad thing in holding more than enough coins unless and until they all are good coins or what I can say hot projects in short. However if the coins or related projects are not worth anything then holding many coins wouldn't be advisable. In such instances it would be just fine to have few coins which are perfect one. Thus giving you more income and less risky than having more coins. So it's all about the coins which you choose and not about how many you hold. |
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Bitcoin income is never stable, and never will be stable. Bitcoin should just be an investment, but you should not put it all there. Besides, why would you quit your job, if you can do both.
Well if you can do both then that's well and good. This will increase your income heavily and you can be high tax payer person soon. This will increase your banking credibility and thus giving you nice benefits from the government. The question is how long will you be able to do both the things together. I mean can you really sustain good time forever and can you spend enough time with your family besides working. I mean you have to take care of those things also so that you can earn and spend at the same time making your family happy about it. The stable income can be earned but only if you are able to work on bitcoin itself and no other alongside job. The flctuating price is different thing and earning with stable income is completely different. |
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I'm sure if that would have been possible then people might have voted for this one on top priority because people are loosing moeny here and that guy is taking fun out of the crypto world really. I don't like it either and I'm sure many of you don't either. There is only one way to do it and that's waiting for this guy to dump everything that he has got and then never give this guy entry into crypto. But as we know that's almost impossible to do. |
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I noticed since the beginning of the week that i have lost in one of my portfolio -17% of my asset and the other wallet is losing -12%.What is the issue that all altcoin is sharply moving southwards. Is there any regulation or ban by any government or any other issues. He who knows should let us be aware also.
It's just drowning economy of the crypto currency and nothing much. One of the rich guy in the crypto currency gox, sold his millions and that's why the market is going down. Though he sold equivalent bitcoins the whole crypto currency got painted with red colour. The reason is simple, fear of the people got them to sell everything. Apart from that people might be selling alts for the money and so by using that money they could just buy more and more of them. That could be your answer I guess. |
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If the strategy that they apply is known to us then why not follow the same and win the market. You can also do that on the small scale if you don't have sufficient money. Well it's not about enough money though, if whales let the market drop to almost 20-30% down the original price then why not us. We can also wait for such opportunities and then invest money the same way they do it. So the thing is we should stop talking and start acting about it. ;-)
We don't have to fight with them at all, what we have to do is work along with them and learn new ways of earning money.
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News from Japan 🇯🇵Japan announced it would take action against cryptocurrency exchanges that currently do not comply with the Financial Service Agency’s customer protection and anti-money laundering measures. There is a chance that the FSA will indefinitely shut several exchanges; this potential punitive action is likely to ensure exchanges are granted time to create the proper procedures to protect consumers. The exchanges that are to be targeted remains unknown; however, it is ostensible this news has shaken investors, contributing to the market’s sharp decline. Read more here: https://goo.gl/E2MnCr SEC Press Release 🇺🇸The SEC just released a statement regarding potentially unlawful online digital currency trading platforms. Since exchanges have become a common place to trade and sell ICO tokens, and other coins that are considered securities under the federal securities laws, then the exchange must comply with the SEC as a national securities exchange to be exempt from registration. This statement falls in line with the remarks the SEC made at the Virtual Currencies Hearing in February. The statement reaffirms that if investors want protection from the asset trading they are partaking in, they must use exchanges that are registered with the SEC. The SEC worries that many consumers believe the exchanges they use are SEC compliant, but, the truth of the matter is, few, if any, virtual currency trading platforms are SEC compliant, thereby subjecting users to potentially unlawful acts. This clarification is necessary for investors. We believe this is just an edifying reminder from the SEC that aims to create more vigilant, cognizant consumers. The SEC is doing their due diligence by alerting participators in these markets that they may be interacting with entities that are not SEC regulated. They are not saying that these companies have to be regulated to continue operations. The press release can be found here: https://goo.gl/rCaeT3 Whale sells $400mm in BTCNot exactly...Mt. Gox (yes, that Mt. Gox) sold around $405 million worth of Bitcoin and Bitcoin Cash over the course of the past two months. The details of the sale were published today, March 7th, by trustee Nobuaki Kobayshi. This didn't just happen, it's been ongoing, but the details of the sale were just published today: https://goo.gl/8sWjLoBinance Hacked!Actually Binance was not hacked. However, there were users that had their account compromised and it looks to be due to faulty API integrations that had security volunerabilities. An important reminder to be very cautious using ANY tools that use API to connect to your exchange accounts, and not to keep the majority of your assets on an exchange at all. All of this FUD happened on the same day and has caused a huge stir and a lot of panic and made some weak hands to start selling off. Hopefully in coming days we will hear good news and hopefully we will go back to green and bullish days. What do you think about the news? Is there any other FUD you might think contributed ? just quote from another thread I think this is the reason why all markets are down. don't panic, market will be recover in few days Thanks for sharing this quote. It gives lot of information about the current bloodbath. I think this is usual news and this has happened many times. Many countries are under change and they need to make regulations to save the countries economy. Crypto currency can be disturbing as it is unregulated and people might use it in wrong way. Such news is always taken as fud and I think this is why our crypt market is weak in many sense. I can't believe that My Gox did the sell of such great amount in single shot. Anyway it's good that they did not do it when bitcoin was 20k. Lolz |
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Probably fake news, people panic selling, people selling for profit then buying back when price is low.
We cant say that surely if people are really selling for getting the profits or whether they are really going with this strategy. I know the panic sell is going on for sure but im not sure if they are selling to do the "buyback"! The news is fake, yeah we don't know yet at all. If the news is fake then this is bad the people are believing such FUD's and working on their sells strategy ! They should not be dependent upon that one, they should be strong in such situations really. |
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Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?
Or it could be the case where people are not getting into the bitcoin as it is difficult to get enrolled at this very high point. The prices are already so high and whenever there is new person coming into the bitcoin then I am pretty sure they might be doing coupe of thousand investment initially and might just end up with max 1 BTC investment. Thats hell lot of money to put into stakes at least fro the new comers. So in general people are trusting the bitcoin but they are making investment in small chunks and thus the bitcoin is growing slowly and slowly all the time. |
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In the last two months we've seen a few bigger ups and downs in both the Crypto- and the Stock market.
Sometimes the drops were happening simultaneously.
What do you think, how strong are the ties beweet those two markets?
Are there e.g. people taking money out of the Stock market while it drops and putting it into Cryptos or vice versa?
This depends on the various factors. 1) Whether stocks exchange investment was heavily converted into crypto 2) Whether there was any out break of the crypto currencies that was converted into stock exchanges and vice versa. 3) Whether majority of the investors are in the stock and/or crypto who is playing around both the games? After these basic concepts I also believe that there is indirect relations of the news that spread across the both worlds and that affects the whole thing badly or in good ways depending upon the type of news. |
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I think Bitcoin price value will bounce back at the end of this month because we have passed a couple of weeks without price value increasing. I hope Bitcoin price will reach at least 13K USD within this March.
So what about you..?
I think thats too hard to reach because it is already getting hard for the bitcoin to pass aways the correction which was at 11.5k. It just touched it down and came back again. However the bitcoin is not even trying to go ahead of this price again and may not bounce back to 13K real soon. It has to be ice breaker and to happen that it must be backed up by brand new investors who can support the market cap to reach ATH. Just imagine last years market cap reached almost 300B plus and then we saw the prices spiking towards the 20K. This time it is close to that but somehow the prices are not taking the leaps. |
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People should promote local products and be proud, it would a good way to have economic progress for any country. Stopping capitalism will help to balance the socio-economic hierarchy.
Just promoting any business wouldn't help that business grow a lot because that is really insufficient thing for it. The product which is promoted must be promoted in such way that people are actually making investment into the same and thus putting money into it. When this former step will happen then only the product that was promoted will get hugely pumped in terms of its capitalism. Thats not easy stuff and ic oddly related this to bitcoin's journey up until now and how it got promoted since 2009 and how it grew exponential with its capitalism. |
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Just read this news https://www.coindesk.com/nigerias-central-bank-again-warns-on-crypto-investments/One of the probably most corrupt countries in the world, with a currency that is hiper-inflationary and that has lost any respect inside or outside its border now is issuing a warning agaist crypto. Frankly, if I lived there I would just have all my cash into cryptos. The governments that have awful economic policies are one of the "use cases" clearly. I think this is vein in front of the crypto currency and underdeveloped countries like Nigeria wont understands the proper use of it. I dont think they will be able to regulate it any way because they dont even have proper financial framework. If they cant even regulate the centralised currency in proper way then how could they blame the crypto currency users in their own country. I think this is just laughable thing that they are speaking all about it and not even focusing on their own countries other problems. If those people are earning money from the crypto currency then they should allow it as thats the only great way to earn for them. |
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