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6061  Alternate cryptocurrencies / Altcoin Discussion / Re: Is PoS safer over PoW? on: May 21, 2018, 07:30:25 PM
This all sounds quite good, a more decentralised working and using far less energy
than POW. I dont know anything about the security but If DASH (which is not 100% POS)
can be as successful as it is i am confident about it.

There is an issue with the 51% attack as has been mentioned above, for POW it would
be extremely energy reliant on attacking and maintaining, will a 51%attack be easier
On POS?
6062  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be used as a donation to the church on: May 21, 2018, 12:45:11 PM
Personally i would like to see more donations to other causes most notably
human poverty and suffering rather than donating to churches etc.

Donating with bitcoin has the added benefit of being virtually untraceable so
the recipient would not have to pay taxes and charges until they exchange it
into FIAT.

There would possibly have to be a degree of education involved for the recipient
if they dont already know about crypto.

6063  Alternate cryptocurrencies / Altcoin Discussion / Re: looking at prices that continue to fall, people are afraid to buy crypto today on: May 21, 2018, 05:59:17 AM
me or anyone else, maybe a little afraid to buy crypto at the moment, the price movement seems to go down, what should I do, whether I buy or not at this time, please give your opinion

What are you afraid of exactly?
Do you not understand that this is the nature if crypto markets, they are
or canb more volatile times than others.

If you want to trade do your research and buy your crypto at a low price
If you are looking at the long term buy anytime because small fluctuations
in the markets are only temporary.

6064  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency courses, thoughts? on: May 20, 2018, 10:17:56 PM
Personally I haven't done any courses but i think they are a very
important thing going forward. Learning coding along with how
Blockchains work and learning about mining, economics and trading
would be very beneficial.

Of course we can all learn this from online sources like forums and
youtube for example but learning it directly from a knowledgeable
source is a step further.
6065  Bitcoin / Bitcoin Discussion / Re: Banks to start trading crypto sooner on: May 20, 2018, 06:26:24 PM
The person saying this has jumped from JPMorgan to start her own Blockchain startup named Clovyr. If she is confident enough to make the jump then this is a pretty good sign on what she thinks about the future prospects of blockchain adoption.

Infact, some of the earliest individuals who invested into bitcoin and Ethereum at the right time, after it came out of the underground, were investment bankers and traders. They have been in on this for longer than the general public realizes. The problem is whether they are going to do a pump and dump on us now.. Tongue or actually going to switch to actively selling and trading bitcoin.

Correct, i enjoyed the article. I would take note of what this Amber Baldet
as she would have inside information being formerly of JP Morgan and
launching her own project for DECENTRALISED apps.

This point is notable though.

 "But even where the will is, the legal and regulatory framework is challenging."

6066  Bitcoin / Bitcoin Discussion / Re: Former President of Goldman Sachs Predicts a Global Cryptocurrency Other Than Bi on: May 20, 2018, 02:37:15 PM
A global centralised economy is possible, look what we have in Europe, the Euro - a common
currency across 19 countries. Extending a centralised, currency around the globe would be
difficult as a centralised currency but not impossible. Its certainly not going to happen
overnight or in the bext number of years either.

Wheras bitcoin is decentralised and is already global.

Lets see in the future if Fary Cohn's prediction comes through.
6067  Bitcoin / Bitcoin Discussion / Re: Indians Look to Buy Bitcoin Overseas as Regulations Tighten. on: May 20, 2018, 07:29:24 AM
Any government can introduce as much regulation as they want but
As posted above we all can choose to adhere to the rules or not because
bitcoin itselfin decentralised.

More regulation just restricts what the owner can do with the crypto
and how freely it can be moved. It also restricts who can afford to
have crypto for example to be able to aquire it from outside the
country.
6068  Bitcoin / Bitcoin Discussion / Re: EUROPE PARLIAMENT IS IN FAVOR OF BITCOIN TRANSACTION NOW on: May 19, 2018, 08:24:22 PM
GOOD TIME IS COMING SOON...
Europe is going to be the heaven for bitcoin users. Europe parliament already make an great decision in favor of bitcoin transaction. After a long bitcoin holders can breath relief. follow the link to get full news.
https://bitrazzi.com/european-parliament-passes-a-resolution-to-support-distributed-ledger-technologies-and-blockchains/

This posted article is more about Distributed Ledger Technology and Blockchain
than it is abiut bitcoin. In fact bitcoin is mentioned once in the article and states
that blockchain is not restricted to bitcoin alone.

What its about is nurturing the blockchain industry, the regulated and controled type.
6069  Economy / Economics / Re: The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers on: May 19, 2018, 07:07:18 PM
Quote
snip
Those hoarders are what we called bitcoin whales. Those are manupulators of price. They control the price to get more initiative profit or money. I dont trust them cause I know they can dump yung token anytime. They are the time that no exception in that bitcoin whales.

The ones depositing with Xapo may be classed as whales but as the bitcoin
they deposit is on hold it doesnt affect the market price. Manipulation will
only happen if they move them.

So for all those that say holding bitcoin is the wrong thing to do, Xapos
millionaires think otherwise!
6070  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin Masternodes on: May 18, 2018, 10:22:12 PM
"Investing" in masternodes, is this the new get rich quick route?

A friend who is also into crypto is getting into masternodes and im sure
this is nothing new as a means of investment. The likes of running a DASH
masternode for example is pretty much out of reach of almost all of us.

Are people treating masternodes, like others treat ICO's, get in for the quick
gain rather than supporting a project they believe in?


If you get into a masternode being an early adopter to it, when the coins are cheap, your investment can do wonders. I have been in few like ALQO, GIN and planning for REBL in coming future.
Eventually like any other crypto investment, your entry point decides your P&L along with ROI.

Is masternode investment a relatively new thing in crypto?
If we are hosting masternodes now are we regarded as "early adopters"?
It looks like there are a number of options, making the right choice like
a lot of aspects of crypto is key and doing the research is important.
6071  Alternate cryptocurrencies / Altcoin Discussion / Altcoin Masternodes on: May 18, 2018, 08:43:51 PM
"Investing" in masternodes, is this the new get rich quick route?

A friend who is also into crypto is getting into masternodes and im sure
this is nothing new as a means of investment. The likes of running a DASH
masternode for example is pretty much out of reach of almost all of us.

Are people treating masternodes, like others treat ICO's, get in for the quick
gain rather than supporting a project they believe in?
6072  Bitcoin / Press / Re: [2018-05-15] Man Who Sold Everything For Bitcoin Won't Buy a Lambo,Has No Plan B on: May 16, 2018, 09:21:59 PM
Yes I remember this man and his controversial and risky actions.
I was actually wondering recently how he was fairing with the
decision, looks like he is doing all right.

The part of the interview which caught my attention was this:

BN: Has the government ever tried to contact you or your family about the changes you have made?

Didi: Yes of course because it’s not allowed to travel with your children and not send them to school
in the Netherlands. We solved this together with them and now everything is fine. They didn’t contact
me about the crypto part though.


Im surprised and also relieved that the authorities in The Netherlands
 have turned a blind eye on his "investment"
6073  Alternate cryptocurrencies / Altcoin Discussion / Re: Token risks? on: May 16, 2018, 08:24:59 PM
ICO stands for "Initial Coin Offering".
these coins or tokens are sold in order to fund the project and they are
offered at a "cheap" rate in order to reward "early investors".

When the ICO is over the project may take another 12 months and more
until it goes live on an exchange or for a working product to materialise.

its easy for scammers to hand out useless tokens in an ICO in order to
get useful coins like Bitcoin or Ethereum.

Be careful!
6074  Bitcoin / Bitcoin Discussion / Re: Ukraine Steps Forward To Legalize Cryptocurrencies on: May 16, 2018, 06:20:03 PM
Perfect, good news but legalise crypto and leave it alone, i would add that im ok
With the action of collecting taxes but i dont like governments getting involved in
regulation.
6075  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Price Predictions for 2018 on: May 15, 2018, 11:05:58 PM
Ah litecoin, a solid performer, solid developments, sokid backing but
a coin which gets overlooked a lot. A coin which out-performed bitcoin
in 2017 but still doesnt get the support from the community it deserves
because a lot of people opt for the cheap crypto hoping to make big gains
in a short space of time.

I predict LTC will continue its steady climb in 2018 and may cross the $300
value again.
6076  Economy / Economics / Re: As Altcoin Popularity Grows So Does Crime; Is Regulation Keeping Up? on: May 15, 2018, 06:25:38 PM
Regulations are not going to stop criminals from using crypto. Law enforcement
globally has failed to stop criminal activity as it is. Incarceration for example is
generally speaking is not a deterrent ans nearly all high level criminals can run
their operations from prison.

Most law abiding users are going to be affected more by regulation than high level
criminals who know how to get around any regulations ... Just as they do now
6077  Bitcoin / Bitcoin Discussion / Re: Can the volatility of Bitcoin be curbed? on: May 14, 2018, 08:26:11 PM
Bitcoins and cryptos volatility cannot be curbed.
The simple reason is its because of the unregulated and decentralised
nature of it. Markets can be manipulated and traders are in a frenzy to
gain as much as possible as quick as possible. Its going to be very
difficult to counteract these facts.
6078  Alternate cryptocurrencies / Altcoin Discussion / Re: XEM announced the launch of the catapult! on: May 14, 2018, 06:42:27 PM
NEM is an established technology and still developing which is very
important and reassuring.

Like all other crypto in 2017 it enjoyed massive support and an
increase in its value but its value still remains very low IMO for
a well established tech.

Its probably true that it needs mare partnerships, this may very
well happen with Catapult.

Here is a list of current pertners > https://nem.io/enterprise/partner-companies/
6079  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I cursed? on: May 14, 2018, 06:33:49 AM
This is one of the reasons I stopped trading, the markets are unpredictable
especially if in my case i didnt have the time to analyse the market before
making a trade.

Its difficult but what were you basing your trades on?
Why did you make your sell orders and why did you hold at any particular point?

Personally i think it takes a lot of time and dedication to trade properly,
To be constantly examining the markets, trends and  news.
6080  Bitcoin / Bitcoin Discussion / Re: Bitcoin's volatility is a non-issue on: May 14, 2018, 06:01:15 AM
My opinion is that if bitcoin was not so volatile that wouldnt suit traders.
Traders love the volatility, well experienced traders that is, the ones who
Can read the charts etc.

And if bitcoin was not so volatile there could probably be mor acceptance
in the marketplace for it to be used as a currency.
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