|
Well said. I expect the bull run to occur in mid 2020's but expect a decline in the Q4 of 2019. People are probably afraid of buying now because of the decline that just recently occured, and I read in a few posts in this community that the price could potentially drop more than it is now. Even though I expect it to drop, bitcoin is still a great coin taking into account the years past performance. Keep Holding, I'll patiently await for 2020 to come.
|
|
|
|
see https://decrypt.co/9966/bitcoin-cryptocurrency-adoption-ngo-chaarity-reportThe number of charities accepting crypto donations has doubled in North America, Europe and Australia, says the 2019 Global NGO Technology Report.
But the numbers are still small. While the number of charities accepting crypto donations has doubled in North America, Europe and Australia, cryptocurrencies still form only 2 percent of total donations.
Africa has the largest amount of NGOs accepting crypto with 5 percent, Asia follows with 4 percent, while Latin America trails with 1 percent. The real question is whether the NGOs immediately sell their crypto for fiat, or whether they then use it to buy services in the target sector using crypto. lf they did the latter, then adoption would soar in places like Africa. Yay more adoption. Sadly though, NGO's venturebon crypto would be fraught with difficulties because of the amount of funding they can invest on crypto. I believe they should be holding a part and using another to fund their operational at the moment. Financial problems are an almost always occurence NGO's and they really need funds to continue their operations. |
|
|
|
So, we are moving into a new era where Fiat currencies are getting some competition from Crypto currencies and multiple other payment methods. People are simply not interested in using cash anymore, because cashless payment options are more efficient and also more convenient. < Debit & Credit cards / Crypto currencies / Gift cards / E-Wallets / Cheque / PayPal etc. > So with the endless alternative payment options available, cash payments are slowly being replaced by more practical and convenient payment options. Is there still a need for Cash <Fiat currencies> in this evolving world? I can think of several scenarios where Fiat currencies are still needed, namely : 1. Where there are no electricity infrastructure. 2. Where it is not safe to carry expensive smart phones. 3. Where there are no access to the Internet. 4. Where there are a high number of illiterate people. 5. Where there are people with disabilities that presents challenges for electronic payment options. I personally think there are still huge challenges that needs to be addressed, before electronic payment options can permanently replace Fiat currencies and that alternative payment options can co-exist with Fiat currencies. Please give your opinion and participate in the Poll.  It is still needed to be fair. Crypto can potentially usurp the role of fiat in the future, but that is still very far. Crypto at the moment is just at its infancy. Besides, government and crypto still dont meet eye to eye at the moment so removal of fiat currencies would cause major mayhem across the globe. Plus, letting crypto take the role of fiat with how most people are still ignorant of its existence is pretty much impossible. Influence of crypto should slowly spread over the globe and only then can we start the improvementsbin terms of its role as a virtual currency. As you said, issues still plague the usage of crypto as a fiat currency but that should be patched up in the future with how technology keeps on evolving. Long story short, I believe it can, but not now. So at the moment, both should co-exist and let each other prosper. |
|
|
|
Most people would actively shun decentralisation. They don't want the hassle or responsibility. They want an easy life and someone to do the hard stuff and moan to when it goes tits up.
Even at this still earliest of phases you have a very, very vocal element who want to chuck what decentralisation there is away in Bitcoin even though if they do the value proposition is nil.
Maybe in future it will be possible to live a life with many more of those principles in play. You'd definitely remain in a microscopic minority.
Indeed. And then they just rant and rant about how institutions fail tondo their jobs when in actual fact, institutions are doing their everything but it's just couldn't handle the amount and couldn't cater to everyone all at the same time. There are also a lot of risks involved since no controlling party could manage the information the world has. This would make researches a bit kore difficult to perform or even world stats would become inaccurate unless everyone was asked to be involved in a survey or some sort. |
|
|
|
|
This can be a push for the bitcoin price in 2020. When the supply is being slowly limited, bitcoin should naturally increase its price slowly. I'm expecting a surge in prices in 2020 even if only for 2 3 months and gradually steadying once again, showing a side graph. Very helpful infographics to people whom dont know what halving means and can potentially educate them to the steps they could follow for the following year.
|
|
|
|
While everyone keeps have individual opinions and speculations on the next prices of cryptos, especially on the next altcoin season, I'll say we are moving nowhere because of price manipulation by exchanges. The actions of some exchanges is dropping the prices of tokens unnaturally and these affects market and industry confidence. How can we attract new money into the market when top wash trading exchanges like Bitforex and Bibox still exists and deceives people freely?
I don't need to add links to prove, but just google these exchanges and add the wash trading to your search term, you'll be marvelled at the results you'll find.
New money would naturally attract itself to the market since that's how basically the market works. As for manipulation of exchanges, I'd doubt those core coins could easily be manipulated. If it ever was, the community could easily observe and determine what is happening and report those exchanges while giving them negative ratings. As for those coins with low participating community, exchanges would naturally nanipulate them for their own profit. |
|
|
|
Hi guys, I am curious to know what for you is the best average btc price. Thank you so much everyone who will answer me.  If your looking for the best price to buy bitcoin, then there isn't really one. Id recommend investing in it for the long run like what previousbposter said about dollar-cost averaging. That'd be one of the neatest ways you could ensure investment in the long term. If your looking fot a short term investment, wait till the price drops and buy then just resell at a higher prices. That's basically what it. There isn't really an average price since the market is a volatile one |
|
|
|
I am little bit confused about this topic, especially in gambling websites that accept Bitcoins or any cryptocurrencies.
So, we can see more activities on gambling that uses Bitcoin when we are in bull market (price increasing)? And decreases the activities or gambling volumes when also the price of Bitcoin keeps dumping (bear season) ?
I don't know if (we) some normal gamblers would have idea about this or maybe some gambling sites would exactly know this based on their website traffic/bet activities.
Gamblers just get on the groove and would naturally want to bet more when price pumps cause they could win much wore profit in bettings. It doesn't really affect it that much but it could be one factor to attribute to during bull market and bear season. Besides, more and more people are integrating themselves to the bitcoin community so id expect that more gamblers would join and contribute to the bull market of bitcoin. |
|
|
|
Bitcoin is good as currency with faster and easy for transfer your bitcoin from one wallet to other wallet around the world, if use your money maybe little difficult if sending money to other country and take several day for sent it, with using bitcoin or altcoin just take several minutes your payment have been sent.
The OP was discussing why bitcoin isn't as good as currency. With the current currency system of the globe, the necessary excess printing of money is shown to be needed in the economic development of our country. Now, if you were to view and compare it with bitcoin, with how bitcoin has a limited supply, it reduces the demand since bitcoin is volatile in itself. It can buy a product today for 1 btc but you can buy three of the same products tomorrow with the same amount spent of 1 btc. This makes people rather just hold on to their coins and wait till the price itself can accommodate their needs which makes the supply higher and higher. This makes the price lower since there isn't enough demand for it because people are holding their coins. It isn't about speed or anything like that, but its effect on the economical situation of a country instead. |
|
|
|
Many Bitcoin enthusiasts are of the opinion that cryptocurrency is unstoppable. The basis for this belief stems mainly from the decentralized protocol that maintains the Bitcoin network. From its original design, the distributed ledger of Bitcoin is maintained by participating computers from different parts of the world. A perceived alteration of this system is what has generated fear among many Bitcoin users. Some people even believe that the reason behind this fear is the one thing that could stop Bitcoin. There is a perceived original structure of the Bitcoin network, at least by the early adopters. This perception is that individuals across the globe will be able to run Bitcoin nodes and mine the cryptocurrency on their personal computers. This was the system in Bitcoin’s early days. However, because Bitcoin mining is now a competitive exercise, specialized equipment began to find their way into the industry. Can I Still Mine Bitcoin As An Individual?Gradually, mining Bitcoin with a regular PC became a wild goose chase. Within one decade of Bitcoin’s existence, miners have moved from PC, to GPUs, FPGAs, and today ASIC miners have dominated the industry. With time, what was expected to be a level playing ground with minimal entry requirements became more and more sectionalized. Unless you have an ASIC miner, it has become almost impossible for you to compete in the mining network. The competition did not stop there, as even among the ASIC hardware users, the bar has been raised. The fear of many Bitcoin users is that the regional balance of mining power has become chronically one-sided. Because of infrastructural availability and other fundamental factors, over two-thirds of the mining hashrate emanates from China. What this means is that most of the mining equipment within the Bitcoin network is installed in and around the Chinese region. Is China the one thing that could stop Bitcoin? https://twitter.com/PlattsburghBTC/status/1175970888006733826?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fcdn.embedly.com%2Fwidgets%2Fmedia.html%3Ftype%3Dtext%252Fhtml%26key%3Da19fcc184b9711e1b4764040d3dc5c07%26schema%3Dtwitter%26url%3Dhttps%253A%2F%2Ftwitter.com%2Fplattsburghbtc%2Fstatus%2F1175970888006733826%26image%3Dhttps%253A%2F%2Fi.embed.ly%2F1%2Fimage%253Furl%253Dhttps%25253A%25252F%25252Fpbs.twimg.com%25252Fprofile_images%25252F638232680639823873%25252FZ60ZA2Of_400x400.png%2526key%253Da19fcc184b9711e1b4764040d3dc5c07Why Are Most Bitcoin Miners Located in China?Although Bitmain, the main manufacturers of ASIC miners, is based in China, other factors that attract most of the Bitcoin mining to the region include the cold weather and cheap electricity. While these are the infrastructural reasons for locating Bitcoin mining equipment in China, it only halfway explains why so much hashrate is concentrated within the region. The majority of the hashrate (over 70%) is shared among just a few mining pools and many consider this so contribute to why China could be the one thing that could stop Bitcoin. Here is why: Since Bitcoin mining has become very competitive, many independent miners find it difficult to carry out Bitcoin mining activities profitably. It became common that individual miners were running their equipment and consuming electricity without getting any rewards. The more efficient machines seemed to be taking all the money in the network. This gave rise to what we know today as Bitcoin mining pools. Individuals or groups are now pulling resources together to build gigantic mining farms. This results in more efficient machines that can mine blocks more frequently and the rewards are shared among the participants. https://www.youtube.com/watch?v=K8kua5B5K3IThe Bitcoin mining pool system has become so organised that an individual from any part of the world can simply subscribe to a Bitcoin mining company and their mining exercise. What interests us here is that the biggest of these companies and their Bitcoin mining farms are located in China. Technically, this looks like a structure that defeats the original design of a decentralized network. To worsen the case, it is happening in a region that is spontaneous with regulations and sanctions, as we’ve seen before. Why Is China So Powerful In The Bitcoin Industry?China has had a strong presence in the Bitcoin ecosystem, especially from the early days. Most of the big exchanges had strong bases in China, and the awareness of the technology in the region was second to none. The regulatory stampede on exchanges in the country in 2017 was a sudden move that did not necessarily come as a surprise. The socio-political atmosphere of China and the way its government executes economic policies is giving Bitcoin users reasonable concern. With about two-thirds of the Bitcoin mining hashrate based in China, it technically leaves the entire network at the mercy of the government’s policy makers. F2Pool, AntPool, BTCC, BW Pool are some of the biggest Bitcoin mining pools in the Bitcoin network, and are all located in China. It is also suspected that a reasonable share of the unknown pools within the network are also situated there. Although many Bitcoin users do not care too much about where the Bitcoins are mined, their concerns remain mainly on where to buy the mined Bitcoins. Platforms like Vertex.Market ( https://vertex.market) which offers peer-to-peer trading allows traders to stay within the original protocol of the network, and trade Bitcoin seamlessly with traders around the world. And the network’s protocol must not be neglected. Bitcoin is created as a decentralized peer-to-peer network. Anything that threatens this protocol will not be good for the cryptocurrency. Although many people seem not to be distracted by the lopsided regional hashrate allocation, there are those who really think that it is one thing that could stop Bitcoin. https://medium.com/@official_83664/the-one-thing-that-could-stop-bitcoin-3bb9da7c0772I really doubt you can consider stopping bitcoin with the cause being of China. Although China holds a lot of miners and is one of the strongest presence in the bitcoin industry, indicating that they can stop bitcoin is just not possible. Even if they stop, hold their coins or freeze their market, its not like they are the only ones participating in the market. Besides, they aren't the only country with a strong presence in bitcoin. If China held 50% of the supply of bitcoin, they could potentially freeze the market and crash it but they don't. They are just a strong presence and that's it. And realistically speaking, why would they even freeze with 50% of the supply when they could create a profit of off that right? A lot of countries could replace China as a strong presence. It's not like it's already set in stone that they would potentially be a strong presence forever right? |
|
|
|
To be honest, CMC has been accused of manipulating prices and display fake volume several times so i wouldn't be surprised if they messed with something yesterday.
Totally agree. With how much accusations CMC has received, seeing one or two reports that say they manipulate the prices isn't really annew thing anymore. OP should probably check other exchanges instead of CMC. Seeing that a lot of accusations were already made about it, continously using the same site would just make the data you receive less trustworthy so might as well use another exchange to view the prices. Besides, bitcoin price doesn't necessarily showbthe same prices across exchanges. There would naturally be some discrepancies that could be found. |
|
|
|
I realize I am actually an idiot but I didn't check how dangerous it really is before doing it. Anyway all those services seemed legit.
I sent passport id photo for kyc on skrill and paxful, and also bitcoin exchanger in estonia(EU). I picked the last one on popular site bestchange.com, it is working for 1.5 year...
Do you think I have to change passport or this is just a panic? I am thinking about this all for several days...
Bro haha you just removed the idea of annonymity with what you did right there. I'd ask of you to edit your information temporarily in your social media accounts and not post anything about your travels and whatnot for now. Just to be on the safe side. Also try not to send your idphoto in any type of exchange site, ever. Again. Not unless it's a trusted and official one where you can guarantee the safety of your private information. |
|
|
|
Let's hope the value of bitcoin increases without any further dump but deep down the heart we all knows that the only thing which will be constant in crypto world is fluctuations and I think this is the right time for those short term investors to barge in to earn some quick profits rather than waiting for further drop as I feel this is a temporary pump which needs to be utilized before the market goes bearish again. This phase of crypto is really complicated wherein most of us are clueless about the up coming trend which was not the case before two years.
Kindly share your valuable thoughts.
Bitcoin already showed its potential in the pump and this made ot hard to then read the plausible situations that bitcoin may do. With how the chart moves sideways and only negligible movements can be seen in an upward or downward scale. A lot of people are saying that by 2020, bitcoin would rise back to 20k or at least somewhere there, but the information we have is very lacking since a lot could hapen in a year. |
|
|
|
I have always heard of people who win games with voodoo(charms/certain spiritual power).I know Voodoo is everywhere. They are said to use it to get accuracy in their predictions, permutation, casinos, throwing of dice etc while this will help to reduce to the bearest minimum their risks of loosing.
So, Do you also think this is true?
Welcome to gambling mentality, where you try every lucky charm you could get and pray every moment to get the most in gambling. I'd rather be faced with reality than believe in luck to be fair. Believing in luck makes gambling harder to stop since it makes me believe that I could get lucky again even if I just lost, which just makes my current balance dwindle down. |
|
|
|
Do you think this Economic situation will push More People into Bitcoin?
We know that countries like venezuela, ghana all Ready are Bitcoin adopters.
China USA trading? Do you think that has impact too?
Coz i think the gold market is about pop the bubble soon
It's too early. The countries that are currently adopting coins could buy them regularly which could change the market prices but those countries with poor economic backgrounds would have difficulties integrating themselves into the cryptoworld since they lack the funds to participate in the trade. If gold popped, those countries would lose a huge part or their financial ability. Of course, investing in crypto could still get large gains, but time is needed for it to produce results. |
|
|
|
I read an article today on https://gizmodo.com What's Going to Happen With Bitcoin? Some experts posted their views. Here's my little non-expert view So what will happen to bitcoin? Bitcoin's creators have been clear that they intend this to become a currency of the future and not a speculative investment at a time when the rest of the world was struggling with stock market crashes in 2008. As noted elsewhere, It's also part of a worldwide trend toward digital money so it will continue and will survive. The fact that the Bitcoin protocol has been around for a while means that it will continue to evolve. You bet. This is one reason Bitcoin could easily become a global currency while staying true to its original intentions. However, to what extent the cryptocurrency will evolve as a payment system depends on global acceptance. But what about Google's claim to have reached quantum supremacy? History has shown us that the will of the people and the masses can never be suppressed by any new tech. Where there's a will there will always be a way. What do you all think? Bitcoin would naturally imo what people want itnto be. A leading digital currency in the age filled with block chain technology. As the forefather of coins, it has the best potential to improve itself since most of the community would develop it rather than create something else. Quantum supremacy doesn't necessarily mean only they would reach it. The community would soon counter their supremacy and achieve an equal standing with them, preventing the crash of digital currency. Besides, with them announcing supremacy right now already informs the community that we should move to create preventions or alternatives to counter it. |
|
|
|
I read a lot of posts talking about expected price of BTC next few months, there are those who are expected to rise by the end of this year, but many expect Bitcoin to decline, as I read at least 6000 what you think?
A lot of people are expecting it to drop below 6000$. Probably because of the disappointment with recent Bakkt launch, or just want to buy bitcoin at a low price anyway. I expect it to drop a bit but continue to move sideways rather than full-on downward. The effects of the Bakkt launch couldn't be seen to be in effect immediately so I'd rather hope it goes sideways and slowly moves up because of the plausible effects that it could do in the near few months. |
|
|
|
Well, I experienced this yesterday. My friend and I decided to gamble at a live casino and he gamble there in poker and sit on the table.
I have an idea in player poker in Online casino but I did not try to play in Live casino. At that moment while watching him playing I think it is very easy to identify your opponent's faces and defeat than in online gambling casinos.
Which do you prefer to gamble poker in an online casino or in live casinos?
Indeed, can you consider that Live casinos is have an advantage over online casinos?
Live casino no doubt about that. It has this kind of unique charm that makes it more enjoyable to play. When you see your opponent whenever the situation or tense or when it's kind of the climax moment, It just has a different charm than when playing online. If you want to earn while enjoying the moment, I'd recommend a live casino no matter what. Besides, some gamblers gamble for the fun or for the thrill of it, and I'd recommend live casinos to those types of gamblers. But if you wholeheartedly just want to earn some quick buck, it'd be either of the two since it doesn't really make a difference. |
|
|
|
|
Well, at least we can see adoption occurring right? at the very least, we can see that bitcoin is starting to influence different models of business, not just casinos and investment markets but also those that almost all people use every day. Although the benefits offered are still a bit on the low side, at the very least, it's a small step forward. And the loyalty points change to bitcoin is an interesting idea since it really shows how not only can bitcoin be adopted to payments but also to promos and events that businesses can offer.
|
|
|
|
|
The year 2017 is when most people saw how Bitcoin could actually reach high places that the modern banking type currency could reach. And the fact that 2018 happened is a proof that bitcoin can reach greater heights than ever before. With what happened at 2017, year 2018 and 2019, some countries have begun taking note of it and see whether it could help themselves and how could it change the market in a global scale. Observing 2019, a lot of traders have now experienced much and are patiently waiting for the rise of bitcoin once again.
|
|
|
|
|
Show Posts
