These altcoins or shitcoins has become an eyesore every time I checked my wallets three wallets full of shitcoins, I'm desperately looking to trade or dump these altcoins, because it just reminds me of wasted time and money.
Are you also desperately looking to dump your altcoins.

Interesting article about the death of ICOs and the emergence of IEO... https://cryptotradernews.com/investing-trading/are-icos-really-dead/


What do you guys think? I don't think ICOs are fully dead. They just need to be regulated in more efficient ways. Most ICOs from 2017-2018 never delivered on their promises because they were being ran by a bunch of assholes who didn't deliver squad... We need more regulation. Only then will ICOs get better imo.

Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over.

I laugh at my continent when foreigners call us poor. You make a statement online about the continent or any country in it and the first thing that comes to people mind is "That poor country or poor continent". Who is to be blamed for all these, it isn't just the leaders anymore but the people are to be held responsible because they voted those leaders into power.

The image below shows you how wealthy Africa is and if she wasn't being raped she would had been the richest continent on earth.

         

What my continent have failed to realized is that power won't be given to you unless you fight for it. If the world was a fair one most African countries would had been among world leading country but instead we get treated like slaves and our wealth is been enjoy by other continents. What a shame

From the marvel movie "Blackpanther" i believe the solution to the continent (Africa) problem is to act as the past Kings of wakanda did with their natural resource: Vibranium, they should learn to manage their resources themselves and later they can sell finish products to the outside world.

This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?

source
https://twitter.com/woonomic/status/1161320822344179720

Hello traders. What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and  high transaction fees.Banks can’t control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.

I've recently meditated on this thought. We all want businesses to adopt bitcoin as a payment method and people to pay with it, but I think most people are rather avoiding to spend their BTC as they see it more as a store of value that will bring wealth to them over the next years. So they are more likely to keep their BTCs and spend the fiat currency, thus the use of BTC in day-to-day transactions won't probably go up until people actually get their wages in Bitcoin denomination. But in order for companies to enable that so it will be convenient for both the employee and the employer we need to have the infrastructure in place, including regulations and major stores in the cities accepting BTC.

What's your thoughts on this? Do people prefer to spend their BTC or do anything( maybe even taking a loan) to protect them?

Back in the days i used to disregard some pennies of my bitcoins in several exchanges thinking that these coins would never be worth it looking at its price at the moment. However, this idea came into my mind about some few weeks ago that what if Bitcoin reaches a double of its previous all time or even greater once this long awaited global adoption sets in.

Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it

Is this possible?  Example you lend bitcoin to something similar to like a bank and they give you interest on it?  Like how now they give you 2% interest?


I heard binance is doing something similar like that but it was like 10%? 

Whenever bitcoin transactions anonymity is discussed, there are two groups of people. The first group think of privacy of users and the second group think of those bitcoins have been stolen or have been used for illegal transactions.
We cannot have both anonymity and possibility of returning stolen bitcoin to their real owners.
Which one do you choose if you have to choose only of them?
If you choose the second option, please answer the question below.
Now, what's the difference between bitcoin and fiat?

What exactly are the reasons why you think that Bitcoin is losing its popularity. You need to provide us with facts to support this your claims. You can't just make claims without having any thing to back your assumptions.

It makes no logical sense to sell an altcoin right at the very bottom of a market cycle.  Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie.  But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value.  Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late.

ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.

Much love to all altcoin holders (especially those that hold HST decision token)

Stay safe, and see you all at the very top of the next altcoin season.

Peace out

Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.

What is your say on this.

The Bitcoin price certainly affects many things. It can help us gauge adoption along with other metrics as well as the sentiment of people who are currently invested.

Bitcoin is not a get rich quick scheme. It is the currency of the internet designed as a super hard form of money to challenge many status quos.

Even if we were to pay more attention to the price. Many of the people worrying don't know the basics of TA. I'm here to tell you that if you own any amount of BTC you are riding a rollercoaster that is affected by adoption, politics, whales and many other factors out of your control. The one thing you can count on is the math, The fact that is was the first, the 21million cap, it's security, and the torrent of frustration it brings older businesses who have grown lazy and abuse the masses(banks).

From a TA standpoint (i'm a noob with a background in music but i've been studying and doing paper trades for years now). Bitcoin has been consolidating for a few months after a pullback from a 1 year high. The fact that it's been trading in the range its at means that the whales and traders who bought in late can't affect the die hard HODLERS who were already in the market in early 2019. You can find articles explaining the demographics of Bitcoin holders. Those who bought in at 10k+ were the ones selling.

Other than that we have some whales playing in the ocean.

Remember this is about change and technology.

If you believe in the ideals money is more than likely to follow.

Be well!

Though China can have a big impact on bitcoin since the largest hashrate in mining bitcoin comes from China and even the powerful mining hardware are also coming from China. The antminer series that are hot stuff on the market are made by bitmain which is located in China. Also the electric cost in mining in China is much cheaper compared to other countries. But even though that is the case even if China dumps all of its bitcoin and all miners in CHina stops mining and even if bitmain stops producing bitcoin mining hardware bitcoin will not stop. Other country will see this as an opportunity and will replace China, remember as long as there is profit companies will race to catch that opportunity.