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5521  Bitcoin / Bitcoin Discussion / Re: Surprising Bitcoin Survey Reveals U.K. To Be A Nation Of Crypto Believers on: November 10, 2018, 09:08:56 PM
Well i believe BREXIT will and is creating more bitcoin adoption in the U.K
BREXIT is creating an uncertain future and i believe a lit of people are putting
some wealth into Bitcoin and crypto. Im not surprised by the thread title
even without anything to back it up.
5522  Alternate cryptocurrencies / Altcoin Discussion / Re: Woman Arrested for $450,000 Crypto Heist on: November 10, 2018, 09:38:02 AM
Yes its happening and people need to be more aware or conscious of security,
personally and with their wallets. I wonder about the guys security level that
he was done out of $450,000?

Anyway for those asking if there are women involved in crypto,
this case answers the question!!!
5523  Economy / Economics / Re: Crypto currency may not disrupt the Trillion Dollar Global Market on: November 10, 2018, 08:18:03 AM
The crypto market is still too young and very small to influence the global economy. But, I think it will take 10-15 years, and the cryptocurrency will have a significant impact, because every year interest in cryptography is growing.
There is no doubt this is still a very young market and we cannot actually begin to imagine the possibilities of what the future holds. However, if we really are to consider the rate at which the market is growing globally, and the fact that as you said, the market is still young and currently the market cap is in billions.

So in a way, I have the belief that there is no way the impact will not be there when it comes to putting it together with the global market. We all know how times are changing very fast, and the rate at which blockchain technology keeps penetrating all imaginable sectors, so one way or the other, with blockchain, I am sure disruption is just around the corner.

I too find it hard to believe at this moment that crypto currency will disrupt the
global financial markets. From a simple point of view I cannot see crypto being
able to offer the same amount of services and products as FIAT banks offer.

As an example Mortgages, are we in the future going to be able to purchase one
with Bitcoin? I cannot see that happening.

I think in order for crypto to make this disruption it is going to take a massive
increase in adoption and usage on a daily basis for it to create the effect.
5524  Bitcoin / Bitcoin Discussion / Re: What happens when bitcoin becomes stable? on: November 09, 2018, 11:32:30 PM
While Bitcoin is stable now and it could be for the next 12 months, it will
not last, there will be times of greater volatility. This is the nature of
Bitcoin, the nature of a decentralised currency.

Remarkably this is a period of no FUD or FOMO.
5525  Bitcoin / Bitcoin Discussion / Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019 on: November 08, 2018, 10:44:59 PM
25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019

A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.The company’s main accusation against crypto is that it is “a currency that is hard to …

Read more: https://www.trackcoinmarket.com/en/crypto-news/33058/25000-german-online-stores-germany-accepting-crypto-2019

Still need to use a 3rd party as a middleman. Not exactly what we were hoping. But better than nothing, 25,000 is a lot for a single country, even if it will be about small and very small merchants since I doubt a big one is going to use a 3rd party

It weirdly seems like the middleman is there to facilitate the merchants.
Maybe the merchants are more happy with someone else handling the
transactions. Its kind of a TRUST thing.

In the short term its good it gets more people spending bitcoin.
25,000 is a lot of online stores.
5526  Other / Archival / Re: . on: November 08, 2018, 09:15:07 PM
Very interesting piece of work. Very different actually.
Lover the idea behind it and the effect. Will be watching how this goes
Good luck to all involved.
5527  Bitcoin / Bitcoin Discussion / Re: Israeli Central Bank Decision is A Minus for the Crypto Industry on: November 08, 2018, 02:18:24 PM
I recon some people are confused with the word CRYPTO and its use.
A government issued crypto will be controlled by that country, it will
be centralised.

So if the Israeli government wants to adopt crypto it will have no
effect on Bitcoin because it will be a centralised crypto.
5528  Economy / Economics / Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ? on: November 08, 2018, 07:10:55 AM
The figures aren't exciting but no one should be surprised, there hasn't been any important news that can drive prices of coin to their ATH yet. The market has recorded series of  FUD, the Chinese ban, the ICOs scam, continuous hacking of the exchanges. These are others are responsible for this chapter.

Always btc cannot keep climbing and some time it has a quite year and 2018 till now has being one of those. But it does not signify that in future it will no longer be exciting and bull trend will keep continue and it will be still the best to make money when it comes in crypto currency.


Unfortunately tgere are some out there who expect exciting upward trends
in the FIAT value of bitcoin - All the time.

They are not willing to accept the current state of stability we are enjoying,
Stable also means the FIAT value if bitcoin is not falling which also means
there is greater adoption and belief in the currency than last year for example.

Its all very exciting IMO
5529  Alternate cryptocurrencies / Altcoin Discussion / Re: Hold your coins in multiple wallets on: November 07, 2018, 10:45:22 PM
I have been doing as the OP suggests, using multiple wallets on different devices,
Hardware, PC, snartphone and tablet. All with different password formats and
memorised. Only recorded in my head and tested every day.
5530  Economy / Economics / Re: S. Africa, Malaysia, Indonesia Outpace Europe in Crypto Awareness and Ownership on: November 07, 2018, 07:50:47 PM
I can probanly believe this in general terms. In economically developing
countries bitcoin can be adopted more so than Eurooeans currently do.
The developed ciuntries may be a bit conservative towards bitcoin and
crypto whereas the likes of s.african, malaysian and indonesian people
are willing to adopt the ideas of crypto and are more open to it.
We already know that asia is growing into a leader into blockchain technology.
5531  Bitcoin / Bitcoin Discussion / Re: Why don't miners coordinate their hashing power to brute force whale accounts? on: November 07, 2018, 07:37:15 PM
Theyr'e just guessing hashes all day anyway - isn't it better to get a 2k BTC reward than 12?

Are you of the thinking that wealth should be taken away from those who have
lits and given to those who have less? I dont agree with this and I dont agree
with your idea of stealing from whales
5532  Bitcoin / Bitcoin Discussion / Re: Bitcoin's impact on: November 07, 2018, 01:23:21 PM
Ostensibly most topics/threads on this section have actually been discussed multiple times and hence a sequel of the last discussion,so I thought it wise to come up with something novel..

There happens to be plethora of problems the bitcoin solves in its own way, but I think myself and 85% other bitcoiners would agree that the major issue the bitcoin puts a halt to is poverty(as it provides financial freedom)...uhm,...thats not to say that many bitcoiners weren't rich or more so comfortable before the inception of the bitcoin,but it sure does contribute it's own fair share of financial freedom and makes the rich richer and the poor,rich

I disagree, the wealth divide still remains even with bitcoin and crypto.
How exactly does bitcoin make poor people rich?
because you cannot create something from nothing, even bitcoin cannot
do that. There has to be some level of input at some stage.
The thing is rich people can put it far more than a poor person.

5533  Bitcoin / Bitcoin Discussion / Re: What do you think happened with Satoshi Nakamoto? on: November 07, 2018, 07:47:58 AM
What happened to him or her or the group known as satoshi?
Maybe nothing of note, maybe he has many many alt accounts on the forum?
Maybe satoshi is Franky1? Maybe I am satoshi?
All these answers remain unanswered because satoshi remains anonymous.

So we caught you, Satoshi!

Maybe, maybe not  Cool
5534  Economy / Economics / Re: Bitex head: bitcoin price may drop to $2000 on: November 06, 2018, 11:18:05 PM
We cannot take this seriously, no more than someone predicting bitcoin
to go to $20000 by the end of the year, but if it does go back to $2000
it wont stay there for long. There would be a rush to top up on cheap
bitcoin rates.
5535  Bitcoin / Bitcoin Discussion / Re: What do you think happened with Satoshi Nakamoto? on: November 06, 2018, 10:20:50 PM
What happened to him or her or the group known as satoshi?
Maybe nothing of note, maybe he has many many alt accounts on the forum?
Maybe satoshi is Franky1? Maybe I am satoshi?
All these answers remain unanswered because satoshi remains anonymous.
5536  Bitcoin / Bitcoin Discussion / Re: It is necessary to find one private key out of 10 million Bitcoin Addresses on: November 06, 2018, 09:03:11 PM
Wasnt this why there was/are concerns about quantum computers, that they
would have the computing power to do something  as emense as this?

Im sure there are many many other books and research that can be done as
part of studying cryptography. Look at what Satoshi has created following
his research. He even lists some reference material in the Bitcoin Whitepaper.
5537  Bitcoin / Bitcoin Discussion / Re: bipolar btc on: November 05, 2018, 09:33:37 PM
what is happening to btc, it has been bipolar now for quite some time.. wasn't November supposed to be a good month for btc?

Past performance is not a guarantee of future expectations.
There are no guarantees that bitcoin will do one thing or the other but we
can all definitely look forward to a healthy future. Patience is required.
5538  Other / Off-topic / Re: For BTC to live SHITCOINS needs to die on: November 05, 2018, 08:06:47 PM
I think it will be a natural progression for useless coins to fizzle out,
Maybe people will stop throwing away funds in an attempt to catch
1000%+ pumps. There really is only some top projects that have a
really positive future but there are many many useless ones.
5539  Economy / Speculation / Re: 2019 Will Be Remarkable for the Industry on: November 05, 2018, 12:04:49 PM
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

Im not so sure about this thing with bank of America. I think its just a
patent on another banking service which may not necessarily pertain
to Bitcoin or any other decentralised crypto IMO.
5540  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin too difficult to understand? on: November 05, 2018, 11:43:55 AM
All anyone needs to know is how to install a wallet and how to send and receive.
Not everyone needs to know how it is mined or any other technical details about it.

I would argue that not everyone knows exactly what interest rate they pay on various
loans they may have for example but they still use them.
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