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6141  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why Paypal is not a digital currency... on: February 11, 2018, 03:52:40 AM
I suppose there is a huge difference between the two PayPal and cryptocurrency at first sight:
- centralized system of PayPal and decentralized system of cryptocurrencies
- blockchain based transactions and balances of wallets are public
- transaction via PayPal can be returned, not like for cryptocurrencies
...
The first and the biggest difference here would be the type of currency. Cryptocurrencies, as the name says, are cryptographic currencies which are encrypted end to end whereas paypal supports digital currencies which are jsut a digital form of fiat currency. So there is a huge difference between the both.
Both use totally different technologies and platforms. Both have different uses and abilities.
I dont Nakamoto was inspired by PayPal but he wanted to change the way banking and financial platforms provide their services. Crypto is always best when compared to paypal or any other digital currency.

I got your point. Blockchain is cryptographic encryption on both end and most of them were decentralized and uses multiple servers for verification
but PayPal and Visa were using single data server that would verify the transactions between wallets.
So, this things and differences are one of the reasons why Mr. Satoshi Nakamoto got an idea that the world couldn't rely on Paypal and Visa credits as the replacement of Fiat but will be another revolution os technology that will transform into Cryptocurrency.
this fact had been mention on The Satoshi Revolution as well.
Yeah we can say it in a way that Nakamoto was influenced by it and wanted to optimize the financial system and rather created his own. Paypal and Visa are still associated with fiat currencies which is why I don't like it. Since the data is verified on both ends , it provides less/no anonymity than bitcoin. We must definitely thank Nakamoto for creating such a huge platform for us but it would been at a different level if he was still indulged with Bitcoin.
6142  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why Paypal is not a digital currency... on: February 10, 2018, 06:17:56 PM
I suppose there is a huge difference between PayPal and cryptocurrency at first sight:
- centralized system of PayPal and decentralized system of cryptocurrencies
- blockchain based transactions and balances of wallets are public
- transaction via PayPal can be returned, not like for cryptocurrencies
...
The first and the biggest difference here would be the type of currency. Cryptocurrencies, as the name says, are cryptographic currencies which are encrypted end to end whereas paypal supports digital currencies which are jsut a digital form of fiat currency. So there is a huge difference between the both.
Both use totally different technologies and platforms. Both have different uses and abilities.
I dont Nakamoto was inspired by PayPal but he wanted to change the way banking and financial platforms provide their services. Crypto is always best when compared to paypal or any other digital currency.
6143  Economy / Trading Discussion / Re: TODAY IS THE BIGGEST HIGHEST BULLISH VOLUME IN THE HISTORY OF THE BTC on: February 10, 2018, 06:11:02 PM
From the last few days we can notice that Bitcoin is trying hard to break the resistance and start the bull run towards the next ATH. It already broke the $8000 resistance and has crossed $8500 as of now. If things keeps going on the same way I am pretty sure that bitcoin will soon recover the price drop and might cross $15 before this month ends. Lets see how well bitcoin does this time before any FUD or correction takes place.
6144  Economy / Trading Discussion / Re: How Traders 'pump And Dump' Cryptocurrencies on: February 10, 2018, 05:56:39 PM
I must say that pump and dump groups are one the worst things that could ever happen to you unless you "actually" know what you are doing. If you are a beginner and if you are thinking to join one of these channels/groups to make a good profit in crypto then I will advise you not to. First of all, it's not trading it is manipulation. I have lost quite a goof amount as a newbie in crypto which is why I stay away from it and advise others the same. But if you are an expert and what to play around with it and if you know what you are going to do then you can try your luck with it. Not to mention that you will loose your money if you are a minute late in the pump.
6145  Economy / Trading Discussion / Re: Price stability-The end of trading between platforms on: February 09, 2018, 07:03:50 PM
I dont really think it matters since price fluctuations are common in crypto and there have been many such instances when Bitcoin as well as other cryptocurrencies have showed huge volatilities in their prices between different exchanges. This is because of FUD which had been created by many FUDsters and negative news related to crypto. Although there were such instances, the price did again get stable. This happens in crypto and there is nothing much to worry about it.
6146  Bitcoin / Bitcoin Discussion / Re: Profit for one investor means loss to the other one? on: February 09, 2018, 08:26:27 AM
The other person not necessarily ends up with a loss. What if the purchaser in June 2017 doesn't sell it for $6000, and instead waits for the future increase instead like $12,000 for instance, so he still wins $2000 in the end. There's more to that in the markets, and it's much much more complicated (I think). But yea, whether we like it or not they're gonna be losers in the markets. There's always going to be those people who FOMOs in and panic sells out.

P.S. Correct me if I'm wrong
I would say you are a little wrong here. This is actually a matter of Time complexity where one has to bear the loss of the equivalent profit made by the other. So in one case, the OP is right. If there is no buyer then you will not be able to sell your bitcoins at all and vice versa. As the future chain continues where the person from future keeps buying at higher rates, everybody makes profit but as soon as he sells at lesser rate ( for example: panic sellers) that amount is lost and indirectly reaches the person who bought it at lesser rate. So yeah, it is complex and yeah, one has to loose money so that the other can make a profit out of it(but as long as the price is going up , everybody makes profit).
6147  Bitcoin / Bitcoin Discussion / Re: Wall street will turn ETHER? on: February 09, 2018, 07:31:38 AM
Don't know about Wall Street but Eth will likely get a huge spike this year. Eth has been the most dominant cryptocurrency after Bitcoin and it has higher potential than bitcoin which is why many big investors are investing in it these days. If the Wall Street turns in to Ethereum , I am pretty sure ETH will go more than double in just a short time. Not to mention that most of the ICOs are using ETH these days as a mode of payment, it is likely for ETH to increase its dominance this year.
6148  Economy / Trading Discussion / Re: Learnings from crash on: February 09, 2018, 03:12:46 AM
My lesson would be - Take a little profits as the market grows and the price increases.
We never know when a crash can occur and so it is better to take a small % of the profit out as the price might go down later and you will need it to buy the dips. I had been just HOLDING  all this while and I regret it as I cant make any profits in this dip.  The second is the common one which is that we should never panic sell. It makes a loss for us and for the others as well. Crypto is volatile market and so panic decisions often are the bad ones.
6149  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins are awesome! Why do you like them so much?! on: February 09, 2018, 02:46:24 AM
Altcoins are really awesome not because they are any better than bitcoin but because they give out larger profits when compared to bitcoin. While bitcoin would take it long enough to return double, cheap altcoins would take it just a few hours to make it double. Campaigns and bounties are just a bonus when it comes making profit. Although we can earn good money through Bitcoin campaigns, bounties can make us a really huge profit it runs successfully. I would say crypto itself is awesome.
6150  Economy / Trading Discussion / Re: From stock market trading shift to crypto trading on: February 08, 2018, 01:24:21 PM
Crypto trading is very different from stock market trading. Crypto trading is pure speculation and there is no analysis that could predict the price of the coin in future. So you gotta be careful and invest in coins only in which you think will definitely rise in future. Apart from that you must also keep in mind that the money invested in crypto is at high risk and you might loose all of it at once if you don't trade properly.
6151  Economy / Trading Discussion / Re: How to Come Back? on: February 08, 2018, 08:59:55 AM
3 MISTAKES OF YOUR LIFE
* Investing the money you don't own
* Believing in Ponzi Hyip
* Investing in Lending platforms

Everybody knows that these are the Dont's of cryptocurrencies. Never borrow money to invest in crypto as you might loose it all. Never believe in ponzi as those are only meant to steal your money from yourself. Never invest in Lending platforms as they always scam you.
6152  Bitcoin / Bitcoin Discussion / Re: Satoshi's vision has not been achieved! Why? on: February 08, 2018, 03:46:31 AM
The investors have not ruined any vision. On the contrary, they are the ones which keep Bitcoin alive and running, together with the miners. I acknowledge that it is still fairly complex for mass adoption, but the fundaments remain. And it is evolving and in my opinion, the implementation and use of the blockchain is changing the world.
Totally agree with this. Bitcoin is still young in the market and Satoshi didnt knew Bitcoin would grow so much in such a small time. The huge growth has resulted in many scaling issues which Satoshi wouldn't have thought of because if he would have then he would surely have created a solution for it as well. His vision is not yet achieved because only a few % of people in the world are using it right now. Once the amount of people using it reaches a substantial % I am sure his vision would surely be achieved.
6153  Bitcoin / Bitcoin Discussion / Re: What are the possible changes will happen if the bitcoin is legalized? on: February 08, 2018, 02:37:25 AM
"Mass Adoption" will be the first thing that is going to happen if Bitcoin is legalized worldwide. There will definitely be a surge in Bitcoin's price and the spike would be the biggest ever in the history which no other crypto would have acknowledged.
The currency will then get developed rapidly since legalization will result in many big companies implementing it as mode of payment. Surely somebody will take the initiative to develop the currency further and hence Bitcoin will become the beast in the market.
6154  Bitcoin / Bitcoin Discussion / Re: You've been scammed. What you can do ? on: February 08, 2018, 02:30:52 AM
So everything is in the title.
What can you do when you have been scammed ? what are your possibilities to recover your funds, I mean here in the community, excepting going and report to the police.
The best thing any person can do is to take a lesson from it. This will probably be the best thing one can do since he will definitely regret the decision of trusting that person. Once scammed in crypto, the money is gone and there is pretty much nothing we could do about it. We can surely TRY to trace the person and ASK him to return the money but as you know that would result to nothing. A robber never returns the treasure.
P.S. Unfortunately there are no CRYPTO COPS available in the community who can help us in this matter Cheesy
6155  Alternate cryptocurrencies / Altcoin Discussion / Re: So does anyone really have any idea of where this market is going? on: February 05, 2018, 05:09:27 PM
The  cryptocurrencies market is going nowhere but its definitely heading towards an indefinite down trend which nobody can predict of. We cant really say whether it will rise again or not and if it does then when. Answers to these questions are just based on assumptions.
I would surely take these opportunities and buy as much as I could since these prices might never come back. Though the big investors are predicting that bitcoin will reach $5000 before the next big ride begins, I believe it wont so low and will recover the price soon.
6156  Economy / Speculation / Re: Please stop selling! on: February 05, 2018, 04:50:30 PM
I agree to hold BTC as I already am holding it but it won't matter if just a few are holding while the others are selling.  If everyone stops selling their only then it will be possible for BTC to regain it's value. Despite that we don't even know if people are actually selling it since it might also be those early investors of BTC who hold thousands of BTC. So we cant really blame anybody.
Publicly display your information on Facebook is not a good idea. Why would you let the hackers know that you have BTC. Think over it mate.
6157  Bitcoin / Bitcoin Discussion / Re: Nakamoto - Hiding from his flaws on: February 05, 2018, 08:45:11 AM
what you are referring to "issues" and "flaws" are not "flaws" they are simple issues that any system faces. a flaw means some serious thing like some problem with the way private/public key works or signing for that matter. and it is not something you go to "hiding" for it!

so he let the system run on it's own.

"let it"?!!!
the system is a decentralized network not a bank or centralized altcoin that you shut down by flipping a switch one day if you decided to.
a decentralized network runs on its own and thanks to its participants AKA peers. Satoshi and by extension other individuals have no say in it.


the reason may be this:
Quote
The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime
I am referring to it as "issues" as well. I am not stating any of the above questions as these are just random thoughts.  To be honest , 10 years have gone so far and still Bitcoin is facing troubles in payments. Things should run a little faster but I do understand that being a decentralized network it is tough for the developers to improvise the network.
The questions you are asking are old and somehow pointless,but i`m pretty sure that Satoshi Nakamoto wasn`t expecting the bitcoin market cap to hit 190 billion USD.I`m sure that he created bitcoin mostly for fun purposes,not to conquer the world. Grin
The main blockchain issues will be solved with the collective effort of all devs,miners and users,not by Satoshi Nakamoto or any other person.
How could it be old since the issues have been coming only since the last year. Anyway, the solution to the issues are not yet implemented and until it does, it is okay to discuss it.
6158  Alternate cryptocurrencies / Altcoin Discussion / Re: which exchanges are good for trading on: February 05, 2018, 03:05:00 AM
hello. i know bittrex,pononiex,binance,kucoin,etherdelta are good exchanges. but we see many ICO coins are register other exchanges so which exchanges are good for trading.please suggest. thanks
The exchanges you have mentioned are already better than the rest. You won't find any other exchange which offers better services than these and are of better reputation. The ICOs launch their coins on other exchanges because they charge lesser than these exchanges. ICOs list their coins on these exchanges to save cost and not because these are better than them. So keep using these exchanges and use the other ones temporarily.
6159  Bitcoin / Bitcoin Discussion / Nakamoto - Hiding from his flaws on: February 05, 2018, 02:06:29 AM
What if Satoshi Nakamoto " The creator of Bitcoin " is actually not dead but hiding. What if he knew that these scaling issues are going to come in the future and there are actual flaws in his own system. But he didn't wanted his hardwork to go in vain and so he let the system run on it's own. What if he knew all of this and this is why he is hiding away from the world.
What do you guys think ? Did he wanted to test whether the world could find a solution to this ?
6160  Economy / Service Discussion / Re: Can someone recommend a coinmixer? on: February 04, 2018, 04:31:06 PM
There had been many mixing services provided by various websites in the past but none of them maintained their pride as this one. Chipmixer is the mixer I am talking about which has been running successfully for quite a few years now. It was launched just after one of the biggest mixer website scammed its users. But Chipmixer never did this and is being used by many users since then.
Creating an account on it and using it as easy as creating a Facebook ID.
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