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581  Bitcoin / Bitcoin Discussion / Re: Finding Satoshi on: October 17, 2019, 05:57:27 PM
well, one thing is for sure regarding Satoshi and that will be that satoshi is somewhere  drinking coffee whiles thinking of ways to improve the nature and the blockchain network of Bitcoin.  I think people should waste their time worrying about finding who satoshi is. You will just worry your mind and also stress yourself for nothing. There have been a lot theories regarding who satoshi is but all that is not worth the time of people.
582  Bitcoin / Bitcoin Discussion / Re: Massive Crypto Whales Move 318,649 BTC Worth $3 Billion * the bitcoin cafe on: October 17, 2019, 11:42:35 AM
Next time when you post news like this don't forget to add the source, after some search those BTC was spent yesterday and they are not from any exchange, so we have a big whale on the game...

here is the transactions list:

https://www.blockchain.com/btc/tx/e03e0d753a6c9780336cb0c4a0be3f19ff3bb4cff3c34193531ce0277fb20f4b 47,454 BTC worth $451.0 million  
https://www.blockchain.com/btc/tx/997fefc69cd327fb6570c0f6f76c9c053071592e67610140d632b2efc9748c6a 47,404 BTC worth $450.5 million  
https://www.blockchain.com/btc/tx/58d6606d6e16e3899dffe687dc78514420630eb4aa1b5e0f19971a9727f81644 47,465 BTC worth $451.1 million  
https://www.blockchain.com/btc/tx/72acde2d5efc7f0e841d60b4e0cc09d521b2d20243bacd90e87df29a4627c4d5 /1 5,400 BTC worth $51.5 million  
https://www.blockchain.com/btc/tx/82e9086ff65ae15de38e128b5df6278f7a6d4adeb1c0f0c6e9e4ce446b5c65d2 /5 5,357 BTC worth $51.2 million  
https://www.blockchain.com/btc/tx/82e9086ff65ae15de38e128b5df6278f7a6d4adeb1c0f0c6e9e4ce446b5c65d2 /4 5,700 BTC worth $54.5 million  
https://www.blockchain.com/btc/tx/82e9086ff65ae15de38e128b5df6278f7a6d4adeb1c0f0c6e9e4ce446b5c65d2 /3 6,400 BTC worth $61.1 million  
https://www.blockchain.com/btc/tx/82e9086ff65ae15de38e128b5df6278f7a6d4adeb1c0f0c6e9e4ce446b5c65d2 /2 6,600 BTC worth $63.1 million  
https://www.blockchain.com/btc/tx/704cb7fe54df8d7afaa7f9bf57fbde41d05108f20aa490e59f2871079a95b29c /5 6,000 BTC worth $56.8 million  
https://www.blockchain.com/btc/tx/704cb7fe54df8d7afaa7f9bf57fbde41d05108f20aa490e59f2871079a95b29c /4 6,000 BTC worth $56.8 million  
https://www.blockchain.com/btc/tx/704cb7fe54df8d7afaa7f9bf57fbde41d05108f20aa490e59f2871079a95b29c /3 6,000 BTC worth $56.8 million  
https://www.blockchain.com/btc/tx/704cb7fe54df8d7afaa7f9bf57fbde41d05108f20aa490e59f2871079a95b29c /2 6,000 BTC worth $56.8 million  
https://www.blockchain.com/btc/tx/704cb7fe54df8d7afaa7f9bf57fbde41d05108f20aa490e59f2871079a95b29c /1 6,200 BTC worth $58.7 million  
https://www.blockchain.com/btc/tx/c8489f10b7430587e0bd54cce1e9ec36f927d77f81eadd09e9042c347d1864e7 47,357 BTC worth $448.5 million  
https://www.blockchain.com/btc/tx/bb6621428de185bb2ae8b10a63f030b1af61aeca904e2fd6a4399ac41acf5a14 /3 6,756 BTC worth $63.8 million  
https://www.blockchain.com/btc/tx/bb6621428de185bb2ae8b10a63f030b1af61aeca904e2fd6a4399ac41acf5a14 /2 7,000 BTC worth $66.1 million  
https://www.blockchain.com/btc/tx/31e4985c274179df94e3322e710733f9ddb2757da2fe6c486000376cb55e7488 /1 5,800 BTC worth $54.8 million  
https://www.blockchain.com/btc/tx/003b44b752358ae6834c66dadb7f3c48a23e6e028091df961ea90b0e35da2a37 49,756 BTC worth $468.4 million  

Sources: https://dailyhodl.com/2019/07/29/massive-crypto-whales-move-318649-btc-worth-3-billion-in-just-six-hours/
https://www.reddit.com/r/CryptoCurrency/comments/cjfzev/massive_crypto_whales_move_318649_btc_worth_3/

WOOOOWW!!! This is what I call financial freedom. Limitation is the thing of the past if you use bitcoin for all your transactions. you don't need anybody's approve before making transactions and moreover you can send or receive any amount of funds.  I just wish the world could just accept Bitcoin. This could make the world easier and simple to live in it..
583  Bitcoin / Bitcoin Discussion / Re: Will Brexit became the reason of Bitcoin’s downfall? on: October 17, 2019, 10:31:49 AM
You should understand that bitcoin has been in the scene for ten years now and throughout the ten years, Bitcoin awareness and value has increased throughout each year. So there is no possible way I see Brexit bring the downfall of Bitcoin. I don't see any unique reasons to convince me that the downfall of Bitcoin might happen  due to this or that reason. This article is spreading FUDs just to make soft hearted investors to sell their bitcoins, nothing technically to ssupport this claims.
584  Bitcoin / Bitcoin Discussion / Re: 4 bitcoin risks you should know when investing in bitcoin on: October 17, 2019, 10:02:36 AM
The value is not guaranteed, so buying and using Bitcoin carries a number of inherent risks. Many investor warnings have been issued by the US Securities and Exchange Commission (SEC), the Financial Sector Regulatory Authority (FINRA), the Department of Consumer Financial Protection (CFPB), and institutions. other officials

Explore more What is Bitcoin? Basic knowledge for effective Bitcoin investment: https://vakaxa.com/vi/bitcoin-la-gi/

Legal risks
Bitcoin can be used for black market transactions, money laundering, illegal activity or tax evasion. Therefore, governments can seek to regulate and regulate the use or trading of bitcoin.

For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies to process purchases, sales, transfers, or store bitcoins to record customer identities. Transactions of $ 10,000 or more will have to be recorded and reported.
In addition, the lack of uniform regulations on Bitcoin and other cryptocurrencies raises questions about their lifetime, liquidity and popularity.

Security risks
As with any system, Bicoin transactions are at risk of being hacked, malware and malfunctioning during operation. If a hacker gains access to the Bitcoin owner's computer hard drive and steals the private key, he can transfer the stolen Bitcoin to another account.
A particularly notorious theft took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to shut down after Bitcoin worth millions of dollars was stolen.

Fraud risks
Because the issuance of cryptocurrencies, ICOs etc. has not been regulated by the government yet, scammers can sell fake bitcoin. For example, in July 2013, the SEC took legal action against a Ponzi program operator related to Bitcoin.

Tax risks
In March 2014, the IRS announced that all cryptocurrencies, including Bitcoin, would be taxed as an asset. Therefore, there is no legal way to protect Bitcoin earnings from taxes


I'm a bit confused here. The only risks I know and think people investing in bitcoin face or encounter are;
1.price volatility which can even be a curse or blessing depending on the plans you the investor have for investing
2. the security nature of the platform you the investor is buying or selling your bitcoin on
3. your level of knowledge and understanding of bitcoin investment.
I really don't think your four risks have some strong connection with bitcoin investment, these might be the risks for investors investing in bitcoin related investment projects. With such projects, you are at your risk if you think crypto investment is a get rich quick avenue....
585  Alternate cryptocurrencies / Altcoin Discussion / Re: Must Know Before Investing in IEO on: October 16, 2019, 11:51:48 PM
IEO projects on the market today are offering the whole heavens and Earth to investors  but we know that only a few of them can be considered as worthy of our money,

This is how i evaluate an IEO

Exchanges

If IEO is launched on Binance, Kucoin, Gate, Houbi, Okex. I always appreciate it. They are promising

Community.

if the community is large and strong this will contribute a great part to the success of the project. Check social medium handlets probably


Project Team.

Team development is important investigate everyone on team list, most scammers uses fake pictures

Whitepaper

I check if whitepaper is plagiarized or not. Scammers simply copy from various whitepaper and use this in their whitepaper. You can do it with various free resource of plagiarism
To add to these;
It is about time investors use their common sense before thinking of investing into any project being it IEO or ICO. How can you invest into a project whose aims and visions are not very feasible to the financial ecosystem and the world as a whole. Before investing into any project, you should first ask yourself;
1. how possible will this project achieve the aims and visions stated on their platform
2. is their services or product really needed in the crypto space and the entire world
3. where will this project be in the next five or ten years
4. is their coin or token really needed in the crypto market and space
586  Bitcoin / Bitcoin Discussion / Re: Why not use Exchange instead of Mixer? on: October 16, 2019, 11:40:24 PM
with exchange, it is quite easier to trace transactions if you know the right addresses to monitored. In as much that multi transactions happens on  exchange platforms, they are not meant to mix bitcoin transactions making it impossible to trace transactions made by anybody on the platform. Mixers on the other hand have their platforms designed strictly to mix up bitcoin transactions making it impossible for transactions made by people to the mixer platforms untraceable..
587  Bitcoin / Bitcoin Discussion / Re: No other currency on: October 16, 2019, 11:30:28 PM
What if there is no other crypto currency or alt coin. How does it affect the price of the bitcoin. How high is the value of bitcoin in your opinion.?

Well, that might not really have any significant effects on Bitcoin's market price since the market price of Bitcoin is determined by the demand and supply rate. The only significant thing that might have introduced in the financial ecosystem will be the level of scam activities done via the launch of new crypto projects and their coin. A lot of existing tokens or coins are just scam crypto coins which were introduced just to scam investors off their money.
588  Bitcoin / Bitcoin Discussion / Re: Honestly, do you guys think cryptocurrencies will be gone anytime soon? on: October 16, 2019, 11:23:05 PM
I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

are you sure about the hype train is slowing down? is either you have been out of the crypto space for a long time. This year introduced a massive hype for IEO. IEO got investors coming back to invest into projects running IEOs. Apart from that, the crypto market started rising which made people investing more and also trading more.  Cryptocurrency and bitcoin are here to stay. Cryptocurrencies are the future of money..
589  Bitcoin / Bitcoin Discussion / Re: 10 Years From Now: Bitcoin Overtaking PayPal? on: October 16, 2019, 11:06:50 PM
A lot of things can happen in the next ten years. It is very possible that Bitcoin might overtake paypal in the next ten years but before this can happen, adoption of bitcoin needs to take place first. The adoption of bitcoin by people is the only way that can guarantee the possibilities of bitcoin replacing paypal. Adoption will make bitcoin's ecosystem grow bigger  and also help people to understand how it works and the benefits available when they use bitcoin for their transactions.  
590  Alternate cryptocurrencies / Altcoin Discussion / Re: Will You Trust a Project Announce BY A Legendary Member on: October 16, 2019, 01:45:47 PM
Will you trust a project that the one that announced it in the announcement thread is a legendary member even though the legendary has announced that he is not part of the team and was just part of the service he offered.

Let me know your thoughts here.

For me, I don't participate in projects just because it is launched by a legendary member but rather I consider the purpose and aims of the project and how feasible its visions are in the real world. This will help me know whether the project coin or token will either end up to be a shitcoin or gem. This project announcers get paid in tradeable coins and do not really care if the project list or don't list their coin or tokens. I trust in the feasible of the project rather than the person announcing it.
591  Bitcoin / Bitcoin Discussion / Re: What needs to happen in order for bitcoin to replace gold on: October 16, 2019, 11:57:55 AM
How could Bitcoin replace gold?

In the 21st century, trade is no longer being driven by a physical exchange. Bank transfers, eWallets, and now cryptocurrency transactions mean that we hardly interact with physical cash at all. Modern society is a digital society, so wouldn’t it make sense for our new “gold standard” to be digital too?

A new report by  Grayscale Investments, argues that Bitcoin actually possesses a “better composition of ‘good money’ qualities…”, almost tailor-made for the new, online economy. The report states that Bitcoin is scarce, verifiable, durable, portable, divisible, fungible and recognizable, just as gold is, only in ways that make more sense for a digital world.

With that being said, Bitcoin is still very much in its early adoption phase – it might not seem like that, but in reality, it hasn’t existed long enough to reach the level of recognizability that would be needed for it to become the new global gold standard. Bitcoin is still relatively volatile compared to gold, although it is still the most solid cryptocurrency.

Still, should Bitcoin reach the $300,000 mark, there’s no denying that it could very well become the new gold standard. And, quite frankly, a digital gold standard makes far more sense for a digital economy, than a physical gold standard does.

If you want to get really into it, here is a debate between Anthony Pompliano and Peter Schiff. If you want to really, really get into it, you can buy Bitcoin through exchanges and trading platforms like eToro, Binance or Kraken.

So, what needs to happen for Bitcoin to take the place of gold

Bitcoin needs higher adoption rates, increased stability, and an increase in value before it will truly be able to take over as the gold standard – but that’s not necessarily far off.

Considering that more than $68 trillion in generational wealth is set to change hands in the next 25 years, and the majority of the new wealthy will be millennials who are more inclined to put their money into Bitcoin vs gold, we very well might see the rise of the Bitcoin gold standard sooner rather than later.

https://zycrypto.com/what-needs-to-happen-for-bitcoin-to-take-the-place-of-gold/

What you need to understand is that it is too late for Bitcoin to replace Gold. Gold has been recognized as a store of value for over centuries now and it is still used as such.
Bitcoin has no chance of replacing Gold even if it acquires a stable level of market value and its volatile nature is disabled.  There are a lot of people in Gold investment than Bitcoin.
592  Bitcoin / Bitcoin Discussion / Re: Bitcoin is never going to be extinct on: October 16, 2019, 11:36:11 AM
Bitcoin is never going to be extinct
I believe its consensus will be higher and higher in the future.

Extinction only occurs when adoption to the new environment or condition is not met. The faster people adapt to the use of Bitcoin in their financial transactions, the more possible that bitcoin will not go extinct. Blockchain technology will not make Bitcoin go extinct since a lot of companies and groups are now using it as their system platform to manage data collection and all aspect of their organisation ..
593  Bitcoin / Bitcoin Discussion / Re: Bitcoin moving on the pathway of Gold on: October 16, 2019, 11:19:54 AM
In as much that bitcoin might have some similar characteristics with Gold in terms of market growth and market cap, Bitcoin in no way moving on the pathway of Gold.
The market volume of Gold has a level of consistency and it's market price has a low level of fluctuation, whiles bitcoin, on the other hand, has nothing similar to this.
The market price of Bitcoin keeps fluctuating due to the volatile nature of it. How can bitcoin be moving in the pathway of Gold when its price is not somehow stable enough?
594  Bitcoin / Bitcoin Discussion / Re: Why bitcoin can not become a global currency on: October 16, 2019, 11:08:02 AM
Hi, Gents,

I think there has to be a way to create a tracking system for bitcoin. Every wallet must contain ids. Otherwise, bitcoin can be always used for money laundering. If you want to launder money, you can find a cash seller everywhere. After bitcoin is bought, noone can prove whose bitcoin it is. I think this is the only think that preventing bitcoin to become a global currency. Do you think it would worth this much if it is trackable. I dont think so. There will be altcoins that work with tracking system and ids. They will become a global currency. Bitcoin? I think never. What do you think?

You should understand that money laundering can not be the reason why Bitcoin can't become a global currency. Money laundering existed way back before bitcoin was even conceived.
The main reason stopping Bitcoin from becoming a global currency is the low level of adoption, inadequate knowledge, and understanding of how bitcoin works and lack of resources to promote easier use and access to bitcoin.
Money laundering has nothing to do with the low adoption rate of Bitcoin by the general public and can't be the reason why bitcoin can't be a global currency.
595  Bitcoin / Bitcoin Discussion / Re: Is this how we regulate Bitcoin? on: October 16, 2019, 02:58:12 AM
Regulation is necessary if we want to see Bitcoin grow into something more than just a speculative asset. Author is on point.

How is regulation necessary when it only brings limitations and eliminates financial freedom? What you should understand is that anybody that owns bitcoin is in charge of his/her own security in terms of keeping their bitcoin safe. Regulating Bitcoin will make it no different from the ready existing traditional online payment systems.
596  Bitcoin / Bitcoin Discussion / Re: Is Satoshi Nakamoto a single person? on: October 16, 2019, 02:50:01 AM
I suddenly feel that Satoshi Nakamoto is like me, is single.


Original post link:https://www.chainnode.com/post/383495#pid2706833

Who cares whether Satoshi is a single person or group of computer programming geniuses. No one is really interested in this. People always worry about things that are not really necessary to be worried about. We just have to accept the fact that Satoshi didn't want the world to know his/her identity. This will not help in the adoption of bitcoin into the main financial ecosystem.
597  Alternate cryptocurrencies / Altcoin Discussion / Re: short term or long term investing on: October 14, 2019, 04:46:46 AM
I have come to realize that its not about whether you are investing for a short term or long term but about what you know and understand about what you plan to invest in.  With this knowledge and understanding, you can develop strategic plans to help you decide whether to invest long term or short term to maximize your investment profits.
598  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What makes you still join the bounty campaigns? on: October 14, 2019, 04:14:12 AM
The only thing that drives me to join a particular bounty campaign is the bounty manager who launched and is managing  the bounty. There are good and reliable bounty managers who always launch bounty campaigns that are worth participating in them.  These bounty managers never disappoint with the kind of bounties they launch. It might take months but you are still assured that you will receive a decent amount of reward..
599  Alternate cryptocurrencies / Altcoin Discussion / Re: Most stable asset or currency? on: October 14, 2019, 04:04:29 AM
What is the most stable asset or currency to keep value?

Its USDT? 

Lets say i have today 50$ so where i should keep it?  Eur?  Usd?  Pounds?  Gold?  Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

USDT will be the perfect option for you since you are not interest in making your $50 increase by the time you decide to use it. In as much that Bitcoin is volatile, storing your $50 in Bitcoin might be worth $100 by the time you decide to use it.  In January this year, I bought $40 worth of Bitcoin (0.00956) and kept it till July. My $40 worth of Bitcoin was now $106 after 6 months.  I made extra $66 to mine $40.
600  Alternate cryptocurrencies / Altcoin Discussion / Re: StableCoins might increase crypto adoption by big companies ? on: October 14, 2019, 03:50:46 AM
The adoption of cryptocurrency has nothing to do with the value or market price of it.  Adoption can only take place when the entire world understand what cryptocurrency is, how it is different from physical fiats and the financial freedom it presents to anybody using it.  Knowledge and understanding are the only thing that can increase the adoption of cryptocurrency among the general public and companies.
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