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I get your point here,even though I don't agree 100%.
The crypto exchange platforms are the root of all evil.The Bitcoin price shouldn't depend on shady marketplaces,that are faking their trading volume and offering x100 leverage.Unfortunately,there's no alternative.We can't force all crypto exchange platforms to lower their leverage to x3.Only the governments can do that.Even if somehow all crypto trading platforms are convinced or forced to lower their leverage,some shady unregulated platforms would still offer x100 leverage and get all the "gambler" crypto traders.
Having high leverage is always more preferred by a trader.
Most of the Bitcoins are concentrated among a few crypto whales and early adopters,but we can't change that as well.
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Hello guys, so I am just sitting here and wondering how the people of the North Korea are fairing as regards the huge benefit cryptocurrency has brought to every people. I don't get to hear of any development from that isolated nation bordering South-Korea. I understand the will of the people is heavily subverted by their maximum leader otherwise nicknamed The little rocket man. I read of how poverty is ravaging that nation, freedom for her people to trade cryptocurrency can turn the tides around as it's doing in some poverty stricken nations that the people have embraced bitcoin and its benefit. Do these people even have access to any exchange in the world? and can they safely convert their crypto asset to their native currency and withdraw same without offending The little rocket man? I once read exchange hacking have been traced to NK, meaning some crypto activities are going on there.
I am just concerned on the freedom cryptocurrency brings could be extended to this nation.
A cryptocurrency in North Korea?!?Are you kidding me? Only the North Korean communist and military elite have computers with access to internet. Exchange hacking have been traced to North Korea,but that doesn't mean that there are any crypto enthusiasts in that country,only some hackers working for their totalitarian regime. The "little rocket man" would invest more into rockets and weapons,instead of adopting blockchain technology and cryptocurrencies. |
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Mining difficulty is flexible.It can go up or down,as more miners are joining or leaving the mining industry. No miner will continue mining at a loss,but some big miners have capital reserves,so they can survive some BTC bullish trends for a while.I guess that all miners have the expectation that some day the bitcoin price will hit the moon.This is what's keeping them in the business,even if the times are though. The biggest winners of the crypto mining industry are the companies that produce mining hardware.  |
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The usage of the keywords "Bitcoin halving" had increased in popularity only because the BTC halving is coming and the group of bitcoin supporters in China is discussing that event more often.That doesn't mean that the total amount of Chinese people,who have bought and are currently using Bitcoin and other coins increased.The so called "China Twitter" is just like the original Twitter-lots of spamming,pointless discussions and gibberish(and a little bit of censorship from the Communist party). |
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It seems to me that this article is some clickbait fake news,or Trump is talking nonsense again. USA can never return to the gold standard with their gigantic budget deficit and trading deficit. They desperately need to print more money in order to keep their economy "above the water". If they return the gold standard,the Federal reserve system will have to send all US gold reserves overseas in order to pay for the US debts.This simply ain't gonna happen. The gold standard isn't a panacea to any financial crisis.This global crisis has nothing to do with finances and the global business cycle. |
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Election malpractices usually happen offline.Some poor people sell their votes,or they are forced to vote for a certain candidate.Implementing blockchain technology into the election process simply won't change anything.
Technology can be used as a supplement to an already working democracy,but if the democracy isn't perfect and it isn't working properly,high technology implementations won't help for improving such rotten democratic system.
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When I say ideal I mean: - People cannot born them from blown air and some day they will not be able to earn from coinbase's rewards.
- Over time, it will still have value.
- It cannot be spoiled by human.
- It is decentralized, no one controls it.
- You can send/receive the currency really quickly.
These are some basics requirements for the ideal currency. But I have a question. There are public and private keys out there. You can take anyone's public key and send him/her bitcoins. In the future, like 2100, you understand that technology is advancing. Those years I believe that brute forcing a private key will not be something impossible. Do you think that bitcoin will be spoiled by human in the future? Should bitcoin use SHA512? Or something even stronger? 1.AFAIK Coinbase rewards are mostly altcoins(if you are talking about their Coinbase Earn program). 2.Bitcoin will have value as long as people continue to use it. 3.Everything can be spoiled by humans. 4.No one controls it?I hope nobody will control the blockchain after X amount of years,but we can't be 100% sure. 5.If you want real quick transactions just use fiat or some lightning fast altcoin.I still don't get why people always want instantaneous transactions.Will the end of the world come if you wait for 30 minutes? |
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I'm glad I don't have a webcam on my laptop. Anyway,I'm curious about how the scammers manage to gather a big email list,so they could mass email. They might be using email scraping software or some security break into a cryptocurrency platform,that reveal the emails of all user accounts. However,the process of mass emailing is really simple and can be executed for free.There's an Amazon Web Services(AWS) SaaS called Simple Email Service(SES),which allows people to send up to 50K emails for free AFAIK.People can use even Google Groups to send mass emails for free. Unfortunately,creating such email scam is very cheap and really easy.  |
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1.Governments wanting taxes and control?...Hmm,yeah that's what governments want since the beginning of the human civilization.Are you surprised or something? 2.Exchanges requiring ID (KYC). That's government regulation,the exchanges have to comply by the law in order to continue their business.KYC isn't effective and can't stop scammers,but it has something to do with paying taxes. 3.Developers requested making themselves public....Who requested that?I don't see any news about this. 4.Crypto "Messian" people.Well,those people are a certain kind of entrepreneurs. There are "make money online gurus" "crypto gurus" whatever you can think of "gurus" Just ignore them.Most of the "gurus" and "messiahs" are con artists and scammers. Was the 2013 crypto climate better than now? Back then,there were scammers everywhere and every bitcoin related website was a potential scam. |
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The stock market is impacted heavily due to the drop in oil prices. Do you all think it will impact the BTC prices as well?
1.The same question has been asked a few days ago in another thread.Comment there instead of creating new forum posts about old questions. 2.Anyway,to answer your question:Are you currently tracking the current BTC and oil prices?If yes,then your question is pointless.The BTC price isn't moving anywhere,there's no impact from the lowest oil price in the past 20 years.There's no connection between those markets and there never will be. For some reason,the current situation around the Oil markets is a trending topic here,but we,after all,are a cryptcurrency forum,not a forum about oil production and oil markets. |
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The negative crude oil price was very absurd and kinda funny.There's no such thing as a "negative price" in the normal world of market economy.
A negative price of -37 USD means that sellers will have to PAY YOU in order to convince you to "buy" their product(which is free).This is absurd and it will never happend.
Most Oil producing countries will be fine.Russia will face some hard times in the short term and the rich monarchies in middle east will have to cut their spending for luxurious goods for a while.
Anyway,the Bitcoin price can't become negative,it might go close to 1K or below,due to a mass worldwide ban,but it will never be close to 0$ or below 0$.
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"Complicated" changes based on how well you understand something. Even someone that I know said using Electrum is really difficult at first. Not to mention Blockchain is not really good for a wallet, you better not use them or any online wallet that stores your encrypted details at all. While the risk of brute force is there is a lot of different attack vectors out there.
There is no need to sweep just because you change your main wallet. Just import your seed/private key on the new wallet and ditch the previous one so no one would be able to access your wallet by accident. As for the address generation, you can use vanity generators which I believe is easy enough to use and it's not that complicated.
Yeah,this thread is basically a newbie forum user recommending Bitcoin wallets to more experienced forum members,who are more aware than him about all risks regarding Bitcoin wallets. When newbies try to act as experts and come from a position of some kind of authority,this makes me laugh. I consider myself an experienced Bitcoin users,I do NOT consider myself an expert about using wallets or cryptocurrency trading platforms.I can give advice and recommendations to people about topics regarding cryptocurrency just like that. It seems irresponsible to me. |
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3 billion USD for me is just "meh"... It might pump the crypto prices by 10% but that's all.We need tens of billions of dollars,even trillions to make Bitcoin hit the moon.3 billion US dollars isn't even worth discussing. I've never heard about this Messari company and I don't know what makes you think they are more legit than Coinmarketcap?I don't claim that Coinmarketcap are "trusted" after Binance bought them,but why Messari should be considered more trusted than CMC? |
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I don't think that the Youtube algorithm has something to do with this.
I guess that this guy has some competitors or enemies that are mass reporting his videos(maybe the scammer that he retrieved the money from wants vengeance).
It's good to know that he had his Youtube channel back after going thru the process.
If Youtube recovers crypto related channels,this means that they have nothing against crypto content and they aren't mass banning cryptocurrency related channels and videos.
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I wouldn't call this a strategy.It looks more like a tactic to me.
A trading strategy is a long term plan about what to do with your cryptocurrency portfolio and how to maximize profits and minimize loss if certain things happen-bullish markets,bearish markets,price crash,etc.
A good strategy requires lots of accurate information about the market to be gathered everyday.
Relying just on candlestick charts and using no indicators doesn't seem reasonable to me.
OP,maybe you could share more about your experience with this tactic.Do you have more successful trades and lost trades?
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And how this "Dave the Wave" predicted the last year Bitcoin price crash?Any good detailed analysis posted by this "analyst" somewhere online?I'm sure that he was just guessing and he got right by almost pure luck.
A 400K USD Bitcoin price means trillions of dollars invested in the cryptocurrency markets.It also means mass BTC adoption across all major and middle-sized companies,banks and investment funds.
I simply can't see this happening.
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Using this particular file sharing website just because it was free doesn't seem like a right conclusion to me.
I'm not familiar with file sharing websites back in 2008,but I'm sure that there were many free file sharing websites with .com domains.Why would the owner of a file sharing website service purchase a domain extension connected with the United Arab emirates and run Google ads to gather worldwide visitors?
People in western countries won't trust such weird .ae domain.They will definitely trust .com/.org/.co.uk domains.
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It seems to me that you are kinda promoting this convertsring.com website.
I don't usually post my BTC addresses here and there on social media platforms,so I don't need hex codes or some other privacy measures(I've never heard about hex codes,I'm not that tech savvy).People can see how are you spending your coins.So what?They can't see your private keys or your wallet password.I don't see a problem,if we are cautious enough.
Privacy becomes more valuable in the modern world,because it's way harder to keep it.
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The former CEO of Bakkt is a Senator?I didn't know that. They say they were selling because of the coronavirus?Yeah,right,now the coronavirus is an excuse for everything.I'm not familiar with the US legislation,but can a crime like "insider trading" get those two into jail? I think it can. Damn,last year so many people were thinking that the Bakkt project will pump the Bitcoin price to a new ATH. I was skeptical about it and I was right. |
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Seems like a soap opera to me. Maybe the creator should add a comedy element at the end.Something like "Luigi and Astrid finally get those 42 bitcoins,but after one day,the bitcoin price collapsed to 10 USD"... Not quite accurate with reality,but the FUDsters+Craig "Fakesothi",Roger Ver and the altcoin supporters would love it. It's good to know that more creative people start "promoting" Bitcoin in their art,even though I wouldn't call such short film "art". |
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