Virtually everyone is expecting another boom in the crypto space. We hope for another bullish market. The question we kept on asking ourselves is "When is bull run going to start?"
- 2018 does not really support the boom for most ICOs, unlike what we had in 2017.
- In 2017 airdrops were very profitable, unlike what we have in 2018, where most airdrops just seem useless.
... and the comparison continues ...
Despite all these, i can confidently say that, notwithstanding the bearish market, 2018 has been a very good year for both Traders and Investors alike.
Really? everyone is expecting another boom, more like all newbies are expecting/hoping/wishing for it. There are suggestions that the markets could be stagnant until tge next bitcoin Halving but nobody can tell. As for airdrops, i think the general consensus is they are useless. |
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If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
Accepted by who? There are clearly people who think bitcoin will be accepted by governments around the world as their currency. Its dilusional to think this The question has to be asked, how can bitcoin become centralised? |
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At this stage i would think the vast majority of people still holding bitcoin
are not going to give up. Those people have given up already.
We all know at this stage bitcoin will gain adoption and value it doesnt
matter when its important that we keep believing and using bitcoin
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So with another bump I have taken some ideas from a member of the community and added a colour associated with Bitcoin - Orange and adding extra veins and spots of Gold over which will be added 2 coats of acrylic satin varnish.   |
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Debt and loan are not the same thing, well technically not anyway.
One is created from the other like coal and heat.
When a money is borrowed by one person it is loaned by the other.
What is created is the debt.
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We can control our own crypto, we dont need a bank to do it for us.
That doesn't mean that there won't be people who don't want to take responsibility for securing their own money. Wouldn't you feel much better blaming bank for the loss rather than yourself? Also, many people still have problems with some basic operations. This will change since current generation is used to technology but I can't imagine seeing my parents using the Lightning Network or simply signing a message using a Bitcoin address. I don't see anything wrong in such banks as long as people are aware of other possibilities. Good points made. I think when the lightning network becomes fully functional more people will opt to use it and not everyone needs to sign messages using their bitcoin address. I still think it strange that there are people willing to trust some institute with their crypto eventhough I know some people dont put a high importance on the idea of being in control of their own crypto. Strange how bitcoin is evolving. |
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Yes you are correct. The Bitcoin whitepaper states clearly the reasons behind Satoshi's invention. As we all know now there are a lot of people who dont rate this as a beneficial factor. There is even talk of a crypto bank startup in Switzerland! https://bitcointalk.org/index.php?topic=5039174.0 |
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Well imo bitcoin cannot be stopped, banks or governments cannot stop it.
They can control their own end of the process of transferring crypto to FIAT.
We could possibly see a more agressive campaign from banks to control
their customers usage of crypto as the popularity and adoption increases.
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The many are mostly newbies i would think and those who dont see the long term picture of bitcoin and other crypto. These vearish times are great for exactly why they are called bear markets, stocking up! |
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If it is the case that speculators outweigh criminals in crypto, I would think
that the mainstream media will still use the criminal factor to beat bitcoin with.
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Its good news and good publicity. It might stimulate a bit more interest in crypto,
like bitcoin and while bitcoin and friends are the only crypto working now each
country will be creating their own centralised crypto, i recon this is what he is
talking about.
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No need for a crypto bank. you can have a crypto bank account but so what? No merchants in your cities accepting cryptos? I would rather be my own banker than to let someone with a full control of my funds. No private keys, no coins.
And oh, what if the bank fails, no money for you anymore
Yes, my sentiments exactly. Isnt a crypto bank totally going against the idea of bitcoin and why it was actually invented? Yes. We can control our own crypto, we dont need a bank to do it for us. |
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People around the age of 18 -28 id say techy people they are just more willing to understand change when it is tech related
Yes i would also suggest the above age group. They are the group which comprises college graduates with a disposable income and dont yet have the same amount of expenses as older home owners for example. They are the tech savvy group and are likely to see bitcoin and crypto as something for the future. |
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Definitely a scam, if they could make money themselves, they would do it in a heartbeat. One can always use levarage and such.
Correct. If they can guarantee 25% return why are they contacting other people You would expect them to invest everything they have themselves for that 25% return. Definitely smells of a scam. |
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The blockchain will evolve and developers will create solutions to potential
problems and also to tweak existing issues.
Bitcoin is evolving, Segwit and the Lightning Network are 2 additions to the
bitcoin blockchain.
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Good news.
There are some countries looking to move forward with crypto and Uzbekistan
seems to see a future in the technology. Eventhough there will not be revenue
generated from the exchanges turnover there should still be benefits for the
country.
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That is not going to be really possible unless you become a trader, if you invest only 5000 in bitcoin and you decide to only hold your coins then you're not going to have a lot of bitcoin in the future, even 5000 does not buy a whole bitcoin right now, however an investment of 5000 at this time could very well give you profits of 10 times your investment if you are willing to wait for 5 to 10 years.
So technically its possible, just be a holder. But the problem is that is really mentally though to just hold on your bitcoins and not doing anything. Plus in 5-10 years you might lost your privatekey so there's a lot that can happen in the future that you can't control. For me a minimum of 2 years is enough so see how it goes and then adjust as time goes by. The next halving will be coming in 2 years so its possible that your bitcoin can exponentially grows prior or after halving. Becoming a trader or an investor is hard, people seem to have the wrong idea that they will be able to somehow make money in this market and that is going to be easy, and the only thing that is easy in this market is to lose money if you want to earn then you will have to take the hard path and if that means waiting for many years in order to get profits that is what you will have to do. There are many threads on this forum by people who thought they could trade and lost out. Because this space is unregulated it is easier to trade in crypto than other markets. I agree though about the long term expectations of bitcoin and the markets now are still low in comparison to where they will be in future. |
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How is this going to work?
How will you know that the information you get it true or false and that
its either someone with inside info or others just wanting to slate a project?
Dont get me wrong im all for exposing scams but not at the expebse of
damaging (potentially) legitimate projects.
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Bitcoin is created to correct errors of a centralized system. Cross border fees were altered when bitcoin comes into picture. The anonymity when doing peer-to-peer transactions online. I guess those are the main reasons why satoshi invented this technology but for me satoshi hit 2 birds in just one bullet since his invention blockchain has lots of uses to different business sectors worldwide.
So why the sudden disappearance? It is not just about the question in the title here. There is more into the first post of the starter. Stop making non sense like that. Being lazy to read the whole posts of the OP. Probably he had a great vision and he knew he could have been arrested by authorities to let the world know a different way of currencies.  It was the time when he realised his creation was at the early stages of adoption with further popularity to follow which would mean bitcoin would be "self sufficient" without him. A bit like pushing a car uphill for a while, more and more people join in to get that car over the hill and finally it reaches the brow of the hill and starts to roll on its own! It doesnt need to be pushed anymore. |
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