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521  Alternate cryptocurrencies / Altcoin Discussion / Re: The future of airdrops in the crypto space. on: November 27, 2018, 08:29:42 AM
Airdrops can be a hit-or-miss opportunity. Some projects have leveraged them effectively to distribute tokens to a broad user base, but they can often end up filling communities with low-level airdrop hunters.

How do you feel about airdrops? Are they worthwhile for the communities and for the projects? Have you ever participated in airdrops, and would you again?

I believe in a developers point of view, airdrop is just a waste of time it seldom meet the set audience target because of the multiple accounts.  In short it is being exploited by the participants.  But in a participants review I guess it is worth to join since you can just fill up a form and do some one time task and get some token.   And yes, I participated in an airdrop sometimes.
522  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin the Biggest Bubble in Human History? on: October 11, 2018, 11:21:33 PM
I really can't blame you for thinking that bitcoin will end up among the economic bubbles known to man. It does have certain traits that could lead a person to think that it is a bubble. The displacement, the boom, the euphoria, the profit taking and the panic are all real, and these are the essential indicators of a bubble.

But come to think of it, have bitcoin really hit the euphoric state when crypto experts and enthusiasts both believe that we haven't seen the best of bitcoin yet. There is a lot of speculation going on that bitcoin has just started. And should bitcoin does end up as an economic bubble, are we not to be thankful that a clear opportunity is standing right in front of our eyes to correct things.

Perhaps the community being aware of the chances that bitcoin just might be the biggest bubble in human history is the perfect opportunity to set straight its path and ensure that bitcoin remains valuable and of utility to survive the forecasted crash after all the panic. And i also strongly believe that each of us can contribute to keep bitcoin's strength by remaining present and active in its market.
523  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto a danger or an opportunity? on: October 11, 2018, 11:18:42 PM
Crypto is both a danger and an opportunity just like with everything else out there in the financial market especially if one is considering crypto as an investing instrument as there are no safe investment that is likely to give you a great profit in a short amount of time. But do not fret, the danger or risks involved in cryptocurrency is among the element that makes it a great opportunity. Our timely actions and decisions will carve the path to success after gaining enough knowledge regarding the market movement and how to grab dips and turn it into possible profit in the long run.
524  Other / Archival / Re: Be Safe on: October 11, 2018, 11:13:27 PM
It's a good advise that everyone should consider. Exchanges are not really meant for long term storage of any crypto asset. Keeping any cryptocurrency in the exchange for a shorter period of time reduces the risk of falling victim to an exchange being hacked. Regarding hardware wallets, deciding to keep your crypto assets off the grid comes with a price (literally) because cold wallets does not come cheap as some might expect. And there's a lot of things you need to consider before buying one so you get the best of features that applies to your needs.
525  Alternate cryptocurrencies / Altcoin Discussion / Re: Many projects are dead? on: October 11, 2018, 11:07:59 PM
It's really sad actually how very few projects pushes through, in fact, the top 100 from coinmarketcap is merely an indicator of volume, not project development. I think only the top 20 or 30 of them was really able to push through with the product and service offerings they made to the public and only this number of projects was able to scale from their original projection.

And i really think that this scam or abandoned projects is quite damaging to the cryptospace, they destroy the confidence of people and ruin the level of trust that cryptocurrency has been slowly gaining not only from the public but from the governments too.
526  Bitcoin / Bitcoin Discussion / Re: What problems cryptocurrency will face in the near future? on: October 11, 2018, 10:34:42 PM
Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?

If not addressed soon, cryptocurrency will have a lot of trouble with ICO projects. I believe that 2018 was plagued with ICO scams, there was a whole bunch of them that came in, gave an idea, promised great profit with the utilization of the blockchain technology, took people's money and vanished in thin air.

This people makes the cryptospace look so bad, as if it was one big jungle with many viscous animals waiting for a prey to walk in to tear them apart. This scam ICOs make the world of crypto chaotic and something has to be done to deal with it as early as now.
527  Bitcoin / Bitcoin Discussion / Re: Does Satoshis' absence make bitcoin truly decentralized? on: October 11, 2018, 10:29:21 PM
Satoshi's absence did create many positive effect on the status of bitcoin.  He proved to the world that bitcoin is indeed pseudonymous (an innate attribute of the cryptocurrency), he shown everyone how a person can use bitcoin without having the need to link your wallet with a real world identity.

And his absence made true the offering of bitcoin to be decentralized where no governing central authority is needed to keep the system in existence. I believe the same as you do, should Satoshi decide to reveal himself, we might not have the same level of trust with bitcoin as people will keep thinking that Satoshi might be behind every dip and every rise.
528  Bitcoin / Bitcoin Discussion / Re: India to make possession of "unapproved" Cryptocurrency a punishable offence on: October 11, 2018, 10:22:56 PM

“The panel is also discussing amendment of the Currency Act to make possession of any cryptocurrency, not approved by the government, a punishable offence,” said the government official.


For me, as much as the quoted part feels threatening, this is a positive signal of how the Indian government is ready to embrace cryptocurrency. Here i see a sense of government protection instead of government regulation, a protection intended towards the welfare of their people and of course, a protection for their economic sovereignty.

This part of their proposals is an indicator that the government came to realize that a ban on crypto is not as beneficial as regulating them, perhaps because of the truth that crypto enthusiast will always find ways to stay within the cryptospace no matter the ban.
529  Bitcoin / Bitcoin Discussion / Re: Asking stores do they accept bitcoin on: October 11, 2018, 10:15:40 PM
It is not a bad idea and i like the way you tagged the act as hard core really. Though i'm sure that most big establishments are on to it, you're idea might just create a progressive ripple effect, an advertising that looks silent yet deafening.

Sometimes, intentional marketing at a personal level can be as much effective as headlines and billboards. Imagine the buzz it could create should each enthusiasts campaign for bitcoin for a certain period of time. Some might see this as far fetched and very little, but i think it's worth a shot to stir great interest among the public.
530  Bitcoin / Bitcoin Discussion / Re: 5 Years From Now in Crypto? on: October 11, 2018, 10:04:46 PM

Do you see higher values? Do you see less projects? Do you see a merger of many projects?  Tighter Regulation? More acceptance? Society in general?


Among the many changes that may come after 5 years is higher value. As we all have witnessed how cryptocurrency evolved from a zero to a hero, the steady increase of value is surely set to happen in the next half a decade as more projects and mergers happen. This will all be driven by more general acceptance and perhaps we might see a few coins go mainstream by that time as regulations of sort is bestowed by the governing authorities.
531  Bitcoin / Bitcoin Discussion / Re: is it true that bitcoin is a disaster for local banks on: October 11, 2018, 04:56:51 PM
I personally don't view bitcoin to be a threat to banks, rather, bitcoin is a healthy competitor.

And i think that banks are starting to see that point of view that is why many banks are considering blockchain technology as their backbone. They saw how blockchain proves to be a worthy technology to create a tamper proof system where transparency meets full security. And as many banks opposes the decentralized idea, some are trying to mimic the same blockchain attributes under a centralized system.
532  Alternate cryptocurrencies / Altcoin Discussion / Re: Dubai digital currency on: October 11, 2018, 04:47:53 PM
And as others might wonder where the news might come from, here's a link of the said plan of Dubai to launch their very own emCash (where "em" means emirates as Dubai belongs to the United Arab Emirates:

https://www.newsbtc.com/2018/10/08/dubai-to-launch-emcash-a-government-approved-digital-currency/

And indeed, without a doubt, this move proves how the world is taking cryptocurrency positively and making use of the blockchain technology that comes along with it.
533  Bitcoin / Bitcoin Discussion / Re: how governments can regulate digital currencies? on: October 11, 2018, 08:51:09 AM
I believe that the bitcoin system could never be regulated nor it should be regulated at all. I think it is best to preserve bitcoin's structure to warrant the retention of security and features.

I believe it would be best to regulate exchanges and crypto-related services only, especially the conversion to fiat money. Let the regulation take place at this level alone, let bitcoin exist as a private digital asset and only receive regulation when it is to enter to financial sphere of a country. This way, bitcoin remains to be ideal as it was primed for and at the samte time, creates enough security blanket for the governments against malicious financial attacks.
534  Bitcoin / Bitcoin Discussion / Re: Why I will never compare cryptocurrency to our traditional/financial institution on: October 11, 2018, 08:43:51 AM
I'm really glad that you finally found a way to exist liberally in the digital space through cryptocurrency.

Perhaps, this is one (among many others) characteristic of cryptocurrency that we all should be thankful for; being permission-less. Well of course, should the country decide to ban the usage of crypto then that will be another story. But really, bitcoin broke the barrier of countries when it comes to payment and transactions. It was really out of this world, an effective currency system that does not care whether you're from Europe, Africa or wherever part of the world. It did not set boundaries, everyone was welcome to utilize its technological offering.

That is why i also find it hard to compare cryptocurrency with traditional financial institutions, as both sports an economy of their own separately.
535  Economy / Speculation / Re: Potential for future growth of electronic money in 2019 on: October 11, 2018, 08:35:55 AM
We are witnessing a genuine interest from all over the world regarding bitcoin and the technology it packs with it. And in that note, the future of electronic money is somehow secured. It is set to snowball in the coming years.  And this status is largely because of bitcoin. Bitcoin has proven to the world that there could exist a peer to peer system reliable and secured even without a central authority. And i really think bitcoin made many people not only interested to try electronic or digital money, but bitcoin made them trust too in such idea of a useful currency. Thus, we can expect a lot of growth in the near future.
536  Bitcoin / Bitcoin Discussion / Re: Can too many Altcoin's can become a threat to bitcoin's existence on: October 10, 2018, 06:01:40 PM
Currently, there are altcoins, which are technically more successful and more convenient than bitcoin, but the capitalization of bitcoin does not become less. It is still popular, so I think that the situation will not change in the future.

Yeah, there's a lot of altcoins out there that is quicker than bitcoin in terms or confirmation time, but they don't care because bitcoin has enjoyed a lot of support from all of us.

So in a nutshell, they can't really put a significant dent on the price of bitcoin. We have like more than 1000 altcoins already and counting but bitcoin remains the dominant crypto's.

It's really incomparable as of the moment as bitcoin enjoy a wide pool of trust, support and activity from supporters and enthusiast. Bitcoin's value will be very hard to beat. We don't see any real competition right now when it comes to worth as bitcoin remains the most valuable by miles. The capitalization tells it all, there's no denying that bitcoin remains to be the most sought after crypto till date making it invincible to any threat posed by altcoins. Altcoins will never be a threat, rather, altcoins are paving way for bitcoin's improvement every time they come up with disruptive approaches such as faster confirmations, smart contracts, etc.
537  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin will be the safest investment on: October 10, 2018, 05:45:45 PM
Bitcoin is one of the top most currency now.It has the capability to fulfill the demands and need of the investors.Investors are believing in bitcoin because they know that bitcoin is one of the top most currency in the world and in coming decades it will also remain on top.It is considered equal to gold now days.It is one of the trusted currency in the world.So it is suggested to invest in it because it is one of the safest currency as it will surely give profit in future.

It is really more of top hopeful currency to many crypto enthusiast. We will need major government backing to say that it is the world's most sought currency and we all know that bitcoin's bid to being accepted as a legal tender has just begun and will still take more time to go mainstream.
538  Bitcoin / Bitcoin Discussion / Re: Fall of Bitcoin (Reasons) on: October 10, 2018, 05:34:41 PM
That's a really freaky explanation to say the least (and i'm trying to be really modest here).

The signs of the time and the mark of the damned really had nothing to do with bitcoin. Here we have a revolutionary tech that started disrupting traditional approaches to banking, finance, trading and many other things and you deem it to be evil in nature that's why you think it is falling.

The post is not even debatable to consider. Bitcoin like many other things in this world can be used for good or evil, and bitcoin has nothing do with how people wanted to use them, just like traditional fiat money. The fall has nothing to do with the nature of people using them. It is merely a part of bitcoin normalizing its price after a grand peak.
539  Bitcoin / Bitcoin Discussion / Re: Banks will always be against cryptocurrencies? on: October 10, 2018, 05:25:57 PM
I can see based on my experienced banks dont trust cryptocurrency for now they dont know about it or maybe the employees only did not know but the bankers are all aware with it Im sure In my opinion cryptocurrencies need banks to convert digital money into fiat into seamless ways fast and convenient and vice versa they are slowly integrating blockchain into some bank systems and later on I think they will fully trust crypto and accept it.

Indeed, banks do not trust bitcoin for now, not just yet. Not only does bitcoin offers a great investing incentive but is also very risky in nature, and banks usually stay away from known risks as we all know them to be.

As a currency, banks will of course welcome any new player. But without government backing, it would be difficult for banks to extend trust to bitcoin. But yes, there is a growing interest with the technology behind it, and the news is out that banks are looking into practical applications of blockchain to the banking sector.

And surely, this will be progressive in nature should banks look at bitcoin in a collaborative way instead of competitive.
540  Bitcoin / Bitcoin Discussion / Re: Don't start your day by checking the price of bitcoin in the morning. on: October 10, 2018, 04:43:47 PM
I personally believe that there is nothing wrong should a person start his day checking out the price of bitcoin, i think it is fairly normal, there's no addiction truth to that. I think addiction will be indicated by a constant checking of prices several times a day with frequency ranging in a matter of minutes only.

Additionally, the price of bitcoin only affects you so much if your maturity turns out to be sour and not fully ripe regarding the volatility of bitcoin's price. Otherwise, there's really nothing to worry much, you simply wanted to check how bitcoin is doing as you start your day and i find that cool. It's nearly the same as checking the weather forecast , you check it not because you hate the rain but to be smart enough to bring your umbrella with you when advisable to do so.
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