Hi, I'd like to become a "Certified Bitcoin Professional": https://cryptoconsortium.org/certifications/CBPBut I've been putting it off, so I thought I'd try to find someone to take it with me. The idea is to study for the exam together (the idea is *not* to take the exam together; just study for it). I can put in 1 to 2 hours a day. Looks like there are 33 topics so it'll take 1 to 2 months to study (just a rough estimate). Anyone up for this? I do not think the certificate (in this way) will be of value I prefer experience through learning, friction, mistake and right, I think this way is the most effective in the field of CRYPTO Note .. I am not against accredited certificates, but must be from prestigious universities or institutes. I find it funny if there really is such a thing lol. Many expert traders who are up to making successful trades started by just themselves, learning, practicing, losing money, and then practicing some more. I'd rather be like one of them than a "certified bitcoin professional". |
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This will be interesting if is really true but as it seems there is no proof to this. Thinking that Warren buffet has made his intentions know about Bitcoin openly and it doesn't look like he is ready to change that anytime soon. So if he is going to probably change his mind to invest into bitcoin , then it’s going to be made open for everyone to see it. Just my thought.
It seems that i don't find it interesting anymore whenever i see warren buffet news dealing with bitcoin. I mean the guy obviously will not change his stance for btc and would likely make another statement against it. He's a wealthy man and he deserves respect for whatever he did to achieve his status but when it comes to bitcoin, he's just a rich old man. |
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Thanks for the trailer link bro! Was planning on watching an episode later but i was able to check out the trailer 😁. Kind of like an old schiil cartoon with adult humor but i think it'll work. To those who are all too negative about it but hasn't watched an episode, let's watch episode 1 and then decide from there.
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Bitcoin is fun for those who understand and are interested in such aspects. But for those who don't then yeah this cartoon would be a less complicated way of putting btc to people's awareness. Haven't watched a single episode yet but i'm planning to do so later. If it's as good as family guy then we're in for a nice ride.
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Well I went to a NEO coin Developer Convention today and based off everything they were discussing it sounds like Europe, Asia, S. America and N. America are getting ready to completely get rid of cash and unite the entire global economy. Those of you blockchain developers what are your thoughts on this?
Cryptocurrencies are a long way away from completely replacing fiat. When it comes to payment, over the past few years, we have seen sharp upward growth of transaction volume for cryptocurrencies. Some companies have started integrating bitcoin in their financial systems. They're looking at something that'll be extremely hard to realize for now. Especially in asia where you don't have as much support in certain countries like china. It'll be easier for western countries since they're open to that as probably have better tools to work with by their general vision of crypto majority world is a very long shot. |
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These people are probably very early adopters or they already have a lot of money to begin with. Of course if you started out hoarding bitcoins back in 2010 with it' less than a dollar value, and kept them until now, then there's a big chance you're be more than a millionnaire now. Of course that takes a lot of guts and trust in a product that you're not sure about at the time.
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AFAIK , Netherland for EU zone and Japan for Asia zone, the origin one.
It's become the fenomenal things when people able purchase something fiat can do and now cryptocurrency become the alternate for the transaction.
This is the reason why the value still high until now !
Though you'll find less people outside the crypto community accepting crypto payments for such large sum. We know that it'll be a good deal to receive payments in crypto especially when the market is down. But there are also quite a lot of legalities you have to arrange as well if you're not buying a local property. |
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if you want to create money in fast way, or make yourself rich in a second, i think you better than leave bitcoin and cryptocurerncy you can try the gambling and betting, because you can get a big money if you gambling and betting. bitcoin can't make you rich in fast way, you need step to step to success in bitcoin
The only time i'm actually hearing that bs if from some people trying get referrals out of those who don't have much information about the product yet lol. And if you're the type that thinks forst before acting, you'll know there's no such thing as that. Unless you cheat or take advatage of other people's misery. |
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there are many exchanges like Kraken, Gemini, Bittrex, and the likes that offers option where you can trade your bitcoins to fiat of USD which helps keep your fund stable without decreasing or increasing. but most of these centralized exchanges usually require KYC of which you are still below 18. somehow you will need to get verified to be able to withdraw in fiat currency. you might need to wait till you turn 18 and then get verified with valid documents.
indeed some exchangers who provide pairs on FIAT currencies such as USD ask KYC to make withdrawals so that those with less than 18 years of age must wait for their age. or maybe they can use their parents' identities to take shortcuts. I don't really see any problem with that. I mean when it comes to exchanges, it's easier for any scammer to take your money by having access to your account. Giving the exchange your information actually adds to the security and would likely make it easier to fix things in case your accont gets hacked. These are real money we're talking about anyway. |
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It will be very hard bitcoin to become useless. Especially that bitcoin has already been used for payments. And you asked if how many years will it become useless? No definite years because I cannot see that it will come to an end. Rather, I can see future using blockchain technology with most of the merchandise.
What people don't understand is that even if the price will be back to it's original price, Bitcoin will still remain useful as long as there are miners who will cater the transaction. Everyone should understand the basic, like it's process to determine if it's useful or useless. Everything is quite simple. Most people take Bitcoin as a source of wealth. They still think that BTC will make them rich, and they will not take any efforts to get money. In reality, the price of the cryptocurrency is not the main thing. If you ask how much longer bitcoin will last, certainly no one knows. because the development of bitcoin itself shows a positive thing, as long as users continue to use bitcoin and investors continue to exist, then bitcoin will continue to live and give benefit to anyone And people will continue to use bitcoin. We haven't reached our peak yet and mass adoption hasn't even started. Everything eventually comes to an end. Even all the current systems that we have now like fiat and the current banking system, may one day become obsolete. But crypto i believe is still very far from that. |
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I think April will hopefully be much better, keep thinking positively and always be optimistic. There will be times when all will be stable, keep up the spirit, guys.  We started the month of April with a big pump so i believe this trend will continue to the end of the month and a higher price will start again next month. Always positive can bring hope as well in the market, now we are stable with $4900 level but I expect to make another pump this week. Yeah april is proving to be a better month so far for 2019. But that's likely because where we came from isn't really that good to begin with. It's good to see we're slowing moving away from the 3k area and establishing a hold within 5k. We just have to be careful about being too excited because a small drop can pull the price hard if excited people panic. |
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Think it thoroughly. Once you've decided that you really want to invest, take time to study the market. I think these first two steps are crucial for first time btc users. Just as with any other investments, you're on your way to lose money if you come barging in unprepared and expecting easy money. Read, watch, interact with people who are in the industry.
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2018 has given lot of lessons to the people.
1. Holding is not a good policy.
2. Scammers are in every field
3. Do not trust an ICO or not every ICO is to make you rich.
4. Price fluctuation can make you easily rich or poor.(so don't sell your house for bitcoin)
Well i agree with your points from 2 to 4 but holding isn't really a bad policy. 2018 taught us that you can't put into the market money you can't afford to hold for a long time or suffer big losses. Holding for probably a year or two more can get you back to another all time high value. The question is, can you hold for that long? Don't risk money you can't afford to lose or keep stagnant, that's a good lesson a lot of people learned. |
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Given how close we are towards reaching the limit of 21 million Bitcoin in circulation, I've been often curious to know the outcome of Bitcoin once all its supply is mined. Depending on Bitcoin's price in the future, miners could either continue to support the Blockchain or abandon it altogether. After all, there will be no more newly minted coins which means that miners will live off TX fees. Nonetheless, what are your thoughts about this? Will Bitcoin survive even after all coins have been mined? What are the possible outcomes?  Have you ever thought to find out where the transaction fees charged for sending Bitcoin goes to ? For me, I believe that when the last 21 million Bitcoin is mined, miners will still be paid with the transaction fees charged to send Bitcoin. If not so, then i think the limit will be increased to help generate new Bitcoin to keep the Bitcoin blockchain network going. Why do people think it's such a negative thing once the last satoshi is mined? I mean there are still the 21m coins that'll be in circulation right? If anything, that could mean less volatility, higher value and people willing to use it for transactions. I mean, that's what btc was made for right? With a limited number of supply and probably the demand increasing, it should be good news. |
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The crypto market is tired of China. That country has crashed the crypto prices so many times, that nowadays we normally ignore any news coming out from there. And the exchange rates show no impact from the latest news. I agree. They've been against crypto ever since and yeah what they're doing did affect the market for a time, but not anymore. I guess the longer you've been in crypto the less you'd care about the likes of china and warren buffet. They can say everything they want but the effect gets less and less. |
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Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel. But how effective is this? Are you able to use this local wallet for shopping in the super-markets? Are you able to book flight tickets using this mode of payment? I researched a bit about the legality of Bitcoin in the Philippines. The good news is that it seems to be 100% legal there, unlike the situation in countries such as India and China. if it is legal it means that it is only a matter of time for many merchants to accept crypto payment, of course it will be very effective, you can pay it with just one click or one scan. the effective key is in the number of merchants who accept it Yeah it seems the philippines is bitcoin-friendly, quite opposite to china's stance on btc's legality. Other countries should follow suit. I mean, their central bank doesn't promote it of course but tells the people the risks they may take and what could happen. In the end, the people could choose what to do with their money. Actually a lot of countries in south east asia are already like this. |
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Is it even a big deal? People new or outside the crypto community would even know what that is. You want to attract new money they you better make them ubderstand first in a language they know, not crypto jargons. I doubt we'll be using satoshi as a general term when talking about bitcoin prices.
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I think we have paid the tax because when we do withdrawal to fiat money from the the market, they have paid the tax for the government be collectived by the market of course small amount of tax, so our money is clean. That was my experience and i think all of regulation around the world is same and in my own personal opinions it is money 10% because we have paid the tax via market.
Yes there are some exchanges doing that, especially in countries that allow crypto to circulate with certain conditions such as taxes, and local exchanges are required to request tax for each trade or withdraw to fiat, that is not a problem as long as the tax is not too large for me Withdraw fees are mostly for miners and the exchanges so i don't think we're paying taxes at this time. Not just yet. With exchanges and online wallets now starting to require kyc, there may come a time where the transactions we're making will actually be taxed. Not that i'm complaining though, but i'd prefer not to let the government take my crypto money if it'll be possible lol. |
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That's good to hear bro. And i think there are many people like you who've had the same experiences. Hopefully this is just the start of a better year since we've all been making do with the market's bear trend for the past year and a few months. It'll be nice if we get more stories like this while waiting for the market to full make a run instead of hearing fuds 😁
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I've never participated in a project which asks for KYC information yet. And I do not actually plan to do that, only if such thing will be required everywhere, in that case I simply will have no choice. I am not so afraid of the system, but about protection of my private info. There are not guarantees for 100% safety and I am afraid my private info would be used for wrong/illegal targets.
The thing is, why would any project require kyc just to distribute tokens? That's a little shady in itself already and i'm not going to be interested and it's not worth the risk to my private information. If it's trusted exchanges like binance then i wouldn't have any problems. I actually did it already. |
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