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521  Economy / Economics / Re: Cryptocurrency, KYC and Terrorism on: October 09, 2019, 09:24:29 AM
Terrorists are financed by large organizations with huge resources and resources.
Obviously, these organizations want to remain anonymous, because if they are deanonized, the heads of the organizations' accounts will be blocked and someone will go to jail.
Bitcoin and cryptocurrency allows you to transfer funds while remaining in the shade, which, in turn, may contradict the laws of many countries. Not surprisingly, regulators require delisting of anonymous cryptocurrencies.
Whether the introduction of the KYC will cope everywhere with this problem, I think partly yes, because financing of terrorism requires huge funds, and ordinary documents bought on the darknet will not help here.
522  Economy / Economics / Re: Will Africa be a good place for crypto? on: October 08, 2019, 11:19:34 PM
Given the huge inflation rate in some African countries, as well as the unfair distribution of goods, unemployment and low incomes, it can be assumed that bitcoin may well become a means that will improve the quality of life of many citizens. However, you need to understand that the old system will not change overnight and it will be possible to tighten nuts in every possible way both to cryptocurrency and to its citizens.
523  Economy / Economics / Re: Big risk ,big results. on: October 08, 2019, 09:07:30 PM
Personally, I believe that the matter is not only in big capital, but also in many other factors, such as experience, knowledge, trading skills, etc. It is very easy to lose any amount of money in the cryptocurrency market, so let's be careful.


It's an amateur market, most people came here knowing nothing about it... I think that since the beginning, many more people have lost money than people have earned. Certainly they are not the same amounts, but many people have started without knowing anything about crypto, just thinking of the "easy money"....

Moreover, many people who came to crypto lost money on banal scams, such as cheating in telegram chat, spoofing, viruses. And most of them left crypto, with a pungent smack of resentment.
They never met and were not fascinated by the blockchain. But each of them could also introduce his relatives and friends to this.
When these people return to the market to understand what it really is, no one knows. But it is unfortunate that due to the negative side of the crypto market, they did not get acquainted with its best.
524  Economy / Economics / Re: Crimes involving crypto have risen on: October 08, 2019, 08:12:08 PM
When cryptocurrency arise the number of crimes involving cryptocurrency also arise? I think the idea is not good because cryptocurrency is a digital currency and the money that is getting by the people in crypto is on their hands already and they are the one who will decision if they will use it on illegal doings or not.
It is just like when you buy a gun and you say that we must not sell gun because having a gun would have a chance that doing crimes may arise.

I do not agree with you. The more money flows into any sphere, the more this sphere is attractive to all sorts of criminals. Crypto market is an ideal place in this regard.
The developing market infrastructure, the absence of any regulation, the difficulty of understanding by the majority, and the persistence of newcomers afterwards.
As I said, ideal conditions for criminals.
525  Alternate cryptocurrencies / Altcoin Discussion / Re: A quick disturbing question on: October 08, 2019, 06:10:06 PM
Direct coin growth depends on the cash flow poured into it, whether it is fiat assets or cryptocurrency. When the price drops to zero, due to low capitalization,
this means that the asset does not pour in funds, which leads to its stagnation. In the future, during market recovery, if attention is drawn to the asset or it will be the target of speculation,
then it is likely that the coin will recover in price and its further growth. But there are almost no such examples, if nobody needs a coin now, nothing will change in the future.
526  Alternate cryptocurrencies / Altcoin Discussion / Re: PRQ - Parsiq - IEO ongoing - opinions? on: October 08, 2019, 12:23:37 PM
How much was collected in the first sale? In what currency? I would like to see the exact numbers. As well as wallets for funds, if possible.
I'm curious what the project will do if the sales fail? Will it return everything to investors?
527  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Stake vs Fixed bounty allocation on: October 08, 2019, 11:34:53 AM
Right now, doing a fixed allocated bounty programmes make absolutely no sense. 95 percent of all bounties are ending scam or you will get peanuts at the very end. Stakes are much better, because they are giving a chance for the most creative ones to earn more.

I agree with you. A stake system gives at least some chance of equal distribution and fair payment. But going public is not known how much a coin will cost.
As practice shows, coins are listed on the exchange with a price of 0.1 from the selling price. In this case, it is better to get a percentage of the total pool than the fixed part.
528  Economy / Economics / Re: At which price will loose Bitcoin the dominance in the Crypto Market? on: October 08, 2019, 09:28:00 AM
Why are there no gaps in the list in 12k-13k? I think this is exactly the level at which many will begin to transfer bitcoin into stable coins and partially into altcoins.
At this point, I suppose you will see the alt season, within some coins. For the most part, these will be those coins that are as close as possible to the top 10.
But I myself will take profits at this level.
529  Economy / Economics / Re: Let's suppose that Bitcoin became universal (used everywhere you go) on: October 07, 2019, 09:51:28 PM
Many states would not allow this to happen. Or they would introduce additional mandatory taxes, perhaps even in bitcoin. Each citizen must pay a certain part for infrastructure maintenance.
And considering that this is a blockchain factor of corruption, it would be minimized because there are records of all movements of funds. It would be interesting.
530  Alternate cryptocurrencies / Altcoin Discussion / Re: NEW EXCHANGE PROJECTS PROMISING HEAVEN AND EARTH OF SAFETY on: October 07, 2019, 08:06:04 PM
I very much doubt that any exchange will use a quantum computer for protection, because it is very expensive.
Perhaps large companies with funds for this kind of technology will provide security services to everyone else.
However, will exchanges go to such a degree of centralization. As far as hackers are concerned, they will not even have the opportunity to use such expensive equipment.
531  Alternate cryptocurrencies / Altcoin Discussion / Re: A quick disturbing question on: October 07, 2019, 06:35:11 PM
A miracle will not happen, money will not appear out of nowhere. If the capitalization of the exchange itself is small,
then it will not be able to provide liquidity on a coin, which means the following will happen: after the price of a coin rises on another exchange,
some player enters the exchange with poor liquidity and buys up all possible sell orders. If this coin is only on one non-liquid exchange, then obviously it will remain there.
532  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Alter coins will moon very soon. on: October 07, 2019, 12:52:37 PM
I don’t know how the fate of Altar Coins will turn out, but altcoins will not move synchronously.

We will not see altcoin like this season before, because then it was a novelty, everyone wanted to invest in new coins, they were growing in price at an incredible rate.
Now al lot of money has already been invested, the altcoins are overloaded. In view of this, the alt season will look like a series of local pumps of individual coins.
533  Alternate cryptocurrencies / Altcoin Discussion / Re: why i prefer mining and investing in ICO/IEO on: October 07, 2019, 12:04:59 PM
Mining used to be my passion. It was thing that brought me to BTT, back in 2014, I got myself an account at mining.bitcoin.cz and could not figure out some things. It was a fun time.
At the end of 2015, I had to sell everything and move to live in another place, my life has completely changed . And now, in 2019, I again want to assemble a farm. Mining is in my vains. hehe
534  Other / Beginners & Help / Re: How Can I Increase Bitcoin? on: October 07, 2019, 09:58:25 AM
I think the best way all the same is to buy bitcoin for fiat earned at work that you like. Or, if you have Aichi skills, you can try some small work in payment for bitcoin.
However, I would not recommend that you find a full-fledged job, which will be paid in bitcoin. The market is too volatile and Bitcoin in particular.
If you are young and live with your parents, okay, you have less obligations and market instability will not greatly affect you. However, if you are independent or even with your family, you will need a more stable income so that the waves of bitcoin movement do not affect your quality of life. Mining is also an option, but it depends on many factors, farm power, electricity prices, network stability, etc.
This has the risk of causing more losses than profit, at least for a short distance.
535  Alternate cryptocurrencies / Altcoin Discussion / Re: New projects are responsible for the death of their tokens on: October 06, 2019, 05:02:13 PM
50% is really not the worst option for everyone. An important factor is the phase at which such a discount is offered, because if this happens on a private sale, then a fairly small number of investors will receive the largest bonus, even if they buy most of the coins, it will be very good, because this part will be concentrated in a narrow circle of people, which means that the probability of coin dump immediately after listing will decrease.
536  Economy / Economics / Re: Europe is against Libra. Who else? on: October 06, 2019, 01:02:30 PM
To some extent, it is about the decentralization of money. Such an experience has already been observed in the United States in 1866.
Now a similar situation, after all, cryptocurrency, although it does not fulfill the full role of money, is one way or another, which means we are again dealing with many private currencies.
And the libra can become the strongest private currency of all, which means it is a direct threat to banks. No wonder there is so much noise about it.
537  Bitcoin / Bitcoin Discussion / Re: Popularity of BITCOIN on Twitter Declining? on: October 06, 2019, 12:17:28 PM
As for the decline in popularity, this is not surprising, onlookers always lose interest when they realize that for them there will be nothing more interesting (profitable) at least in quick way.
It is interesting to look at similar statistics on Twitter without any bounty accounts. Despite the waves of bans, even now there are a lot of people on Twitter who take part in bounty companies.
538  Economy / Economics / Re: On stablecoins on: October 06, 2019, 10:44:23 AM
I don't really understand the purpose in having all these stable coins. If you don't like the volatility of the cryptocurrencies such as Bitcoin and Ethereum, then just convert your coins to fiat currency. Why bother converting them to stablecoins such as USDT or TUSD?

The answer is easy

If you convert your cryptocurrencies to fiat (like dollars or whatever), you may have to pay hefty fees trying to withdraw the fiat proceeds (and wait for days until you receive the funds). But with centralized stable coins, say tethers, you can completely bypass the fiat system (read, banks and all that pain in the ass that comes with them) and move your tethers either to your Tether account (or how it is called) or to another exchange where they are accepted. Essentially, these coins are working like fiat while without making use or having to use the banking system (under whatever name)

All right. The stable of the coin is precisely t thanks to which it is possible to quickly and with minimal fees fixed in a stable currency. However, the centralized side of these coins confuses me. It turns out that we, in the distance of cryptocurrencies, depend on two factors at once. The first is the project itself producing a stable coin, as Tezer knows, there are quite a few conflicts with the law that are still being resolved. The second factor is the exchange on which we speculate with this coin.
539  Bitcoin / Bitcoin Discussion / Re: Future of digital money depends on smart phone technology and people's knowledge on: October 06, 2019, 09:48:37 AM
I think this is nonsense.
1. People do not need to know how blockchain technology works in order to use cryptocurrency as money. Do you really need to know the economic theory of money to use it?
2. Integration should first of all go through credit cards used by most people in the world, and only then should these credit cards with a cryptocurrency payment method be integrated into smartphones. Or payment by QR code via a smartphone, such a technology already exists.
540  Bitcoin / Bitcoin Discussion / Re: Loan to buy Bitcoin? on: October 05, 2019, 12:24:50 PM
Many have already expressed their opinion here, let me join. Taking a loan in itself is a very risky business. Weigh these risks well. After all, as long as you have a job that is your main source of income, you will be able to survive the unfortunate set of circumstances, but what happens if the job does not? After all, the collapse of Bitcoin will not happen “just like that”, it will somehow be connected with some financial changes in the world, and who knows how this can affect you.
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