We are always talking here the many benefits, advantages and power of Bitcoin, but we know that for every coin there are always two sides. Bitcoin, am sure, also have its own many weak points that may or may not need some good attention or focus.
Please share here some weak points of Bitcoin that you know and feel...let's discuss them one by one and see how solutions can be applied into them.
In order to compete with our fiat systems, Scalability is one area bitcoin falls short and then there is the lack of support from some governments which is the legal lining to make this Cryptocurrency great.
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my friends lost his coins from offline wallet when he was chatting online on facebook messenger sure he can't restore his coin so how can protect offline wallet ?
If this offline wallet were your friend lost his coins is suppose to be your cold wallet, then your friend was using it wrongly! Maybe we need more info to give the necessary help has you have cut out the important details.
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As the market becomes more saturated more users are turning towards the top two crypto coins and those who had already invested into other altcoins have starting shifting their funds towards Bitcoin and Ethereum as other altcoins have failed to capitalize the market. If this continues then how will altcoin survive? is it just the matter of time or something which altcoins need to work on by working on the missing link.
From the thousands of coins we have you telling me everyone is targeting the top two??? I don't think so! People or should I say traders who are in it for the money will have to risk something to make the extra bucks and going for the top won't make you the money, this game as I know it is about the volume and not rank!
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Just listening to the analysis before the Manchester City game kicksoff, it's funny how everyone ignores Leicester city on the log and only recognizes Liverpool in the title chase.
Are these analysts saying the foxes can't do it again??? Because if you ask me Leicester is playing well this time around and everyone must take them serous! What do others think about this...
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Ever since we stopped experiencing the serious volatility, the crypto market has never been exciting but maybe with the bitcoin halving coming up
we might see a change of this situation as we expect prices for all cryptos to see green and maybe a talking point for all can begin.
For now we watch from a distance.
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Hello, anyone does have a great and secure mobile crypto wallet that you can suggest?
No Coinomi - As previously it was stated that it is not well secured Aside from Enjin, Trust wallet
Any others to suggest and why? Thanks and regards
I was going to say coinomi is my all in one go to wallet but now I have to find a new wallet as you say it is not well secured. With all this am now forced to do some research about the wallet to avoid any future mishap, thanks for the warning too.
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Mixers are pretty much about covering the money trail of your crypto coins whenever you spend them, which means if the government or anybody is on that money trail..it means it goes cold as new coins are sent out to the specified wallet leaving all coins sent to other wallets which to be honest is something that the government will never support or legalize.
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Ok just two days ago Bitcoin was trading $ 7,988.1 now while I'm posting this, it's $8,434.13 People keep posting and asking why the price keeps dropping when it will eventually recover they are not looking at the situation heading to the next halving with another potential of another all-time high. I think Bitcoin's price is the most redundant topic here in Bitcointalk.
Generally i dont think bitcoin price discussions/topics are redundant because this could be useful for traders as certain information can be shared which would influence a trader to buy or sell a crypto.... but when people keep posting when $1, when $100 that itself begs for an answer!
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i think lack of government backing is its main vulnerability as many people out there who use crypto were its not legalised use it in hiding.
Possibly the crypto ecosystem having many versions of bitcoin is also confusing and some consensus to put this to an end should come through!
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I do get that feeling sometimes but I have discovered that the more you read and research more about cryptocurrencies the excitement just gets back and you will reignite your love for these precious ones and zeros in no time, so find something that made you stick to crypto the first time
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Cryptocurrencies are like any other assets traded at the Wall Street Market, people there make money from these trades others lose it all...same thing applies here so if you in it to make money then buckle up and enjoy the ride , otherwise leave the crypto market while you still can if you not ready to risk a little.
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There are currently at least 1,200 different types of coins as listed on Coinmarketcap. Which one will prevail? Or rather, which group of coins will survive for the long term. What coin/token should you have now for the year 2019?
From the look of things every year or so we seem to to these coins involve and this year isn't any different. What seems to be the talk by everyone ***I Think*** is stablecoins which seems to oversight the volatility cryptocurrencies bring and I think these are the coins to back if you not considering bitcoin.
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Bitcoin is unique in its own right and the only coin not considered to be an altcoin like BNB and the rest of all other coins out there.
OP what makes you say bnb can be the next btc when this altcoin had a crowd sale if I recall while btc was represented to the community with nothing of this sort.
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Bitcointalk username: Woodie Report number: 1 Archiving period: 6 Date of report: 27th September, 2019
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Personally , I lost nearly 1500$ from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way , if we get greedy then we end up with nothing.
whats your solutions do you do for cover the loss?
Am guessing you trade on short term basis which I think is risky and as cryptocurrencies continue to show signs of volatility and not slowing down maybe try a different approach, change your time frame to be able to read the market. BTW I think you can't rely on an ICO to be your recovery plan because they too are risky and since we stepped in to the year 2019 stablecoins look to be the theme song for crypto investments,try that
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-snip- From this alone you can tell that altcoins have lost their way and there is no coming back because for a long time we have always known that when bitcoin goes up, altcoins go up but that's not happening they nolonger ride the wave of bitcoin when it's bullish and the graph is the evidence.
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Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280 But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585. What happened if bitcoin price is $ 20 000 then ethereum price is only $ 600 I can't verify this 5 percent price ratio to BITCOIN unless someone resourceful verifies this but if this is true, it might have to do with fewer coins we had at that time as compared to the thousand of coins we have today that bitcoin trades with and has diluted it's value. Possibly the number of Ethereum tokens could also be the reason for the fall of its crypto command in terms of power or simply because we have better coins on the market that has cut though Eth. AFAIK the number of
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Proof of Authentication Campaign: Signature ERC-20 Wallet Address: 0xeE2CB878de210E3BC6E0FBB5584e5d19F5B2306b
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Woodie Report Number: 2 👑⛳ Archiving period: Round 5 Date of report: 11 September 2019
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Woodie Report Number: 1 Archiving period: Round 5 Date of report: 11 September 2019
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