After Facebook announced it's Libra digital currency, several countries have expressed their interest of launching a digital currency of their own. China has already announced that it'll be working on Blockchain technology for a digital version of the Chinese Yuan while other countries have done the same. Most recently, German banks have requested the European Union to launch a programmable "digital euro" that would replace the current monetary system (physical Euro). All these developments shows us that we're getting closer to a "cashless society" than we've thought. While all of this is exciting, it seems that the USA will be left behind in the development of a blockchain-based "digital dollar" (USD). After all, the country has been known to be quite strict about the development of the crypto industry. With many fierce regulations against crypto and Blockchain tech, many mainstream crypto businesses and companies have decided to stop providing services to US citizens. Poloniex will no longer serve US customers, which greatly diminishes the adoption of crypto within the US. This makes me wonder whenever the US will allow a "Digital Dollar" to happen in the future or not? If it doesn't migrate to the digital realm, then I'm afraid that other countries will take the lead in the world's economy. It's a matter of being ahead in the latest technologies to obtain supremacy. If the US remains reluctant to accept Blockchain technology into its current monetary system, then it'll be left behind without a doubt. What do you think? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) United state ask to other country keep adopt USD as currency payment for every transaction in the world and never take chance with other digital currency like Bitcoin, the United state have try to stop using bitcoin as investing assets and banned using bitcoin in their country, they ask many country for stopping their people use with bitcoin and back to the unusually transaction by USD but China have fight with using their own crypto.
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When I accept bitcoin from people or after doing a work, sometimes I don't convert it quickly too, I leave it and wait to see if the price will go up a bit, sometimes it will go down. And sometimes I just leave it in my wallet because I like opening my cryptocurrency wallet and seeing some money in it, and watching the charts and all that, it's really cool.
Using bitcoin daily is a difficult thing where I live, or should I say that it never happens. One thing I have done is go to the ATM to withdraw my Bitcoin but that's with a Bitpay debit card (it isn't a BTC ATM, there isn't one where I live). Apart from that, whenever I need to use the money I always end up selling the coins and sending the money to my bank account before spending it.
This means, that we see Bitcoin and we do have different strategies in making money and in investing, as per me, every time that I do have payment from campaigns or from trading, cashing out 90% of it, then retaining the 10% from other wallet, that I am holding in the long term, I see to it that at least I do have something for the future in case the Bitcoin becomes million dollar worth then it will be a great thing. I am using bitcoin for trading and investing, I can't use bitcoin for currency payment because many market in my country still not support accepted bitcoin as legal payment way, I not worry with bitcoin only use for investing and trading assets because I think is best solution use bitcoin for increase my investing without have use bitcoin as legal currency payment, although have available using bitcoin for currency digital I like using cash money.
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There had come many ICOs in 2017 and a good number of STOs in 2018 and many IEOs in 2019 but hardly a few have made it to 'relatively better than others' list. I wonder why haven't there come potential coins like ether. The only project that looked promising to me this year was bittorrent which was lauched on binance launchpad. But even that is not going so well these days.
Is the world out of ideas or solutions?
the seriousness of the team and the development of a project in this era cannot be like in 2017. That is one of the main factors why there are so many projects that fail or don't even get the best place in the market. so I think now it might have to be addressed by the project team and developers in order to manage a potential project Maybe have good project from a long time because they have good team and always active for new update about new partner and new feature of their coin, why many coin become shit and lower price because owner never want to get promise how schedule first listed to make bitcoin and altcoin have higher price, they never keep promise looking new way how to make their coin have higher price.
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An unemployed dude comes to your house to ask for off jobs, say to throw away your thrash and mow the lawn. You had no cash but he owns a bitcoin wallet and asks to be paid in bitcoins. Would you pay in bitcoin?
In my opinion, I will not do it because the bitcoin market price was so volatile and it could increase its market price in just a small price. I think even if the market price value of bitcoin was dump that time paying bitcoin is still not a good practices because bitcoin was still not implemented as a currency but as an investment as we know nothing regulates bitcoin meaning there is no central authority controlling and regulating the bitcoin , We don't even know if it is possible to regulate bitcoin and if we cant regulate bitcoin we cannot make it to its purpose and it is very difficult if we are going to have a single currency that every country could use. You should just hold your bitcoin instead of using it as payment as bitcoin is still not implemented. Never do it when paying An unemployed using bitcoin or other crypto assets, although you don't have enough money better sell your assets and use cash money for pay them, we know how bitcoin and altcoin assets can increase higher price when price up, but after paying them with bitcoin and altcoin we have disappointed when price up, if paying cash money we got much profit than have use bitcoin assets.
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Hi fellas, i want to drop this info mainly for newbies on this forum that just start getting familiar with crypto wallets, i was waiting for some tokens to get delivered into my coinomi wallet since a month ago but they never appeared but the projects teams claim its been sent but guess what? i decided to track my address last night using Etherscan and i saw all the tokens there, sometimes your tokens might have arrived in your wallet but you won't know until you track your wallet address or you manually add token contract address, thank you.
I think when you participated at bounty campaign or airdrop project recommendation using erc20 wallet and never use exchange wallet or mobile phone wallet like coinomi, maybe the team of airdrop or bounty campaign have distributed their reward to your wallet but you use not support wallet and payment will be cancel directly without can't confirmation from your wallet.
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I don't agree that if Bitcoin goes down that there will be no new rich people, let's take into consideration that there are other ways to earn crypto and not just by holding it long term, there's a short trader out there that are taking advantage with buying the dip and selling when it goes up for 2-5%, and they repeating it almost everyday depending on the market, they are watching closely with the price, so imagine how much profit they are getting from it.
Not only that, you can also short the market which is nothing more but a trader saying that he thinks a particular coin is going down in value and earning money in the process, this can be very profitable because as we know it takes a long time to build a bull market and it takes very little time for the price of most coins to crash, if anything this is an even better time for traders since they love the fast profits they can get in a crashing market. Although invest with altcoin we have waiting moment for bitcoin back higher price, I think when bitcoin down no new rich people anymore because altcoin have lower price too, now we need with bitcoin when have higher price and can be on the top for making altcoin back to usually higher too.
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Google give positive way for bitcoin become promoting on their platform, maybe without promoting on google we don't know about how to get much profit with bitcoin investing. Around the world know whit bitcoin after allowing for promoting on google and youtube platform become best way how to understand many people try investing with bitcoin and altcoin.
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Very helpful for beginners in order not to get stuck twists and in this vast cryptocurrency. A scammer thread or a scam project is important to always be cautious about projects that are now always emerging without the existence of benefits and innovations. Finding a good project today is very difficult to compare in the past year which is the hour of ICO and IEO that makes us profit faster.
IEO and ICO have pass success and now looking other way investment how to get much profit and keep increase lost with investing, maybe staking or investing with altcoin ready on exchange market is best solution how to get profit with crypto investing, now I keep investing my money with bitcoin and bigger altcoin only, have stop with IEO or ICO because not profitable for us.
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I hope with Libra coin can give positive price for bitcoin at the future with higher price, now many investor hope bitcoin have higher price with Libra become partner with bitcoin, but without clearly when date launching Libra coin to public and make bitcoin investor keep trusted when Libra coin opening for public.
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Why have circumvent for doing KYC if get trusted site, I will verify my KYC if exchange market have really trusted like Binance and Bittrex, what for have not allow for KYC on both exchange market if need for trading and withdrawing our assets with higher amount, when you find bad exchange site better never pass your KYC and look other way how to withdraw without submit KYC.
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When many ICO or IEO listed whit shit exchange become end of investment on crypto, many ICO and IEO don't care about for listing with shit exchange, after raised sold out their coins why not think for listing with good exchange market have many investor, why use shit exchange market for listing their ICO and IEO coins, why not care about how much money use by investor.
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Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.
Aren't there other payment methods? There are, which means the more people complain about them the more companies will start to offer other options and people will use those options eventually and paypal will be gone. The only good thing paypal is doing right now is ability to integrate on any website, when other payment solutions get to that level paypal will be gone.
Bolded part. This is the main reason why they cant be easily be stepped out of the game.They've been mainly integrated by most sites marketplaces,freelancing sites, online services . So its hard to think that they would be phased or crossed out anytime soon. We cant predict the future but as long fiat do exist then im pretty sure that Paypal would still exist still for more longer years.We cant think off for another payment system other than crypto which we know it isn't been fully adopted yet but who knows if we do come to that point. Paypal became the most convenient payment choice of many people because of its global system which is accepted by a lot of online shopping sites, banks, and other businessmen such as pornhub. Pornhub is just one of the many. It is indeed convenient. We should not deny that. I have used Paypal during the days when my employer was based on another country. But with the coming of crypto, I think it is more convenient to use Bitcoin or altcoins instead. Paypal money transfer imposes higher fees. Using crypto is much cheaper now. The only annoys me for using paypal is the fee since they take out huge percentage when we do a transaction and maybe pornhub see that that's why maybe they will find a good option so that they can save from transaction fee's together to their costumers in more convenient manner and crypto is a good option really for this since they can select on which is the best since there are crypto like xrp who offer less fee and fast. PayPal look serious for building their business without have bad site connected with their payment currency and try to close working with pornhub have bad effect for their future, now crypto try for connecting with pornhub site will be negative effect for the future of crypto or not, I think better crypto is not connected with pornhub site.
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When my assets investment have lower price I think holding is best way how to keep safety and get profit later, I think many investor keep patient waiting when their assets back to higher price, I don't care about how lower price drop of my assets by I keep holding my assets until price back to higher and get profit again.
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Many reality of token have higher price when first time listing with exchange market and goes down after several week listed on market, the owner look not care about how down their coin after listing on exchange market, never want to buy back their coin to raise up with higher price later and always make price down.
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This is a very interesting question. The current financial banking system itself is rather poor. So in the future it will be reformatted, that is, it will either be completely destroyed or reconstructed into something new. Now you can observe the attempts of the cryptocurrency world to find new ways of creating financial systems, however, it is obvious that banks just will not give up their piece of the pie, which means they will try in every way to build their future activities in such a way as to remain in the system at the highest levels.
I really don't think that it is possible to have a world where no banks will exists. Banking system is destined to be with us forever. But with the changing currencies, this system will also undergo improvements. The time has come to revolutionize traditional method of money. I am more than hundred percent sure about this, banks will be introducing their own crypto coins in a centralized manner. Not possible blockchain and bank become good partner at the future because bitcoin not allowing in many country as legal currency payment, bitcoin have giving good ideas if bitcoin adopt as legal currency payment with transparent transaction detail and give faster for each payment sending but government still not allowed for bitcoin become legal transaction.
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
Many people always prediction bitcoin price raise up above $50k but now how bitcoin price still down where is their prediction come true, why many people trust with shit information giving by some one without get recommendation for bitcoin have higher price, why always make sense with bitcoin said become higher price.
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KYC is necessary for everyone! Bots, spam, fake users abound, KYC minimizes this number. But I see that a lot of user information has been exposed, which is something that many people consider carefully before verifying on certain platforms!
that's what's not fun. I once did KYC with an email address for the bounty project that paid me. but after a while, many projects sent me their promotional emails. and it bothered me because I was afraid that it was a fraud. not just 1, but many emails from the project did not enter my email. Look your KYC with bounty campaign is not safety about your email account, they always sent you promotion about many ICO project for investing, how about with your document upload for KYC safety or not, I think when your email is not private by bounty manager KYC they will use your KYC data for using at other KYC forum, keep hidden your ID when using for other KYC.
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This years maybe no possible bitcoin can reached to $20k because today still with lower price, although pass October bitcoin price still down and have waiting two years later to see bitcoin reached above $20k. I hope can give positive price for bitcoin later to make effect for altcoin price on higher, without raise of bitcoin price not available for altcoin on higher price.
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I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.
This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."
Before you will be able to understand this statement " Dont put all your eggs in one basket." , you should first understand the principles of investing. Every great and successful investors first understood the principles governing investment before they started investing. Knowledge and understanding are the core principles of every investment. Without knowledge, you can not understand how the thing you are investing in works and the risks associated with it. This apply to bitcoin investment. Without knowledge on the bitcoin market, you might lose your investment capital even if you split the capital into parts. Knowledge about the bitcoin market will help you as an investor to understand some basic aspect of bitcoin investment which will help you to avoid some unnecessary mistakes. Don't put your eggs in one basket do not mean you have use your all money for investing with many altcoin, you can hold or invest with potential crypto for the future have higher price like bitcoin, don't worry although you put your money with bitcoin only because you can get much profit later, with many altcoin investing give big risk because altcoin is not exist any more.
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