I can feel and understand your disappointment but please do not panic, what goes down also goes up, have some patience and market can take reversal anytime soon, i think the end of bear trend is near now.
Wrong What comes down does not necessarlily go up... who told you this? At this point the only thing that can save us is a truly scalable Blockchain that can compete with VISA, so that banks invest their funds in the project You are dillusional if you think banks are going to accept BTC or any other decentralised, open source, unregulated currency which they do not have control of. I think you may have had the wrong idea of BTC. It also sounds like you may have over extended your financial situation to get involved in crypto with your anger and frustration. |
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Interesting points, i had to check out the South Seas Company, i found it intriguing > https://en.m.wikipedia.org/wiki/South_Sea_CompanyThat company seems to have been destined to fail ! Ok while the prices of BTC and crypto in general are falling its a horror story for people who are using them as pure investments especially those who got into it all in November, December and early January. For the people that are looking long term and not following market trends todays fiat price doesnt make a difference. BTC and crypto will continue to be used. |
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Bitcointalk is a public forum, a place for people to learn about crypto and to voice
their opinions. I have been on many forums over the years and they all have their
fair share of shitposts and minimal posts.
There are threads of hundreds of pages and lets face it at this stage noone is going
to read them all but the threads are alive because people are making it so.
There are also threads with a couple of pages that are not worth reading but thats
subjective and not what 100% of people would think.
So what im saying is no i wouldnt agree with the proposition, we have to take the
rough with the smooth so to speak.
People that cut their sentences like you always seem very suspicious, like are you trying to make it seem like you are writing more or what's the point? Your post is also quite useless, you didn't even propose a solution. This thread is not about the sentence layout of each post! and I didnt propose a solution because there is a perfectly good one in place to minimise useless posts, its called "MERIT" and if you read my post you would have noticed I dont agree with the ideas put forward. Now back to my sentence cutting, what is suspicious about it? Would you like me to write my posts in the same fashion as "Solar Bones" by mike McCormack where the whole book is written in one sentence or maybe make my posts without paragraphs and punctuation perhaps similar sort of style to what many use here just keep texting and use the full width of the screen |
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Bitcointalk is a public forum, a place for people to learn about crypto and to voice
their opinions. I have been on many forums over the years and they all have their
fair share of shitposts and minimal posts.
There are threads of hundreds of pages and lets face it at this stage noone is going
to read them all but the threads are alive because people are making it so.
There are also threads with a couple of pages that are not worth reading but thats
subjective and not what 100% of people would think.
So what im saying is no i wouldnt agree with the proposition, we have to take the
rough with the smooth so to speak.
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We have to think logically.
What are the logical reasons why BTC would fail and absolutely nobody
willing to use it or mine it? There are none.
What are the reasons why we are all so positive about BTC and crypto?
Everyone has a different reason to be involved and there are many reasons.
A form of wealth or currency which noone has control of except ourselves.
To be able to make payments to others without banks getting involved.
A means to store financial savings secretly
An investment commodity pureny to be traded.
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This cannot work.
As posted above the price fluctuations are giing to make it difficult for
the employee. Day to day living expenses and utility bills have to be
paid by FIAT. In a volatile market this could be difficult.
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It depends on circumstances really. There is a thread i read yesterday
about investing in Copper. Thats fine if you want to do it but you have
to be able to deal with the logistics.
Gold, property and stockmarkets are the first choice of many, others
choose Vinyl records, coins, stamps, cars, bikes.
Anything can be an investment if you can see it making a gain.
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Found a news online that titles "Five reasons bitcoin is fundamentally stronger than ever" (attaching the link at the end of post). The 5 points are: - MORE PEOPLE ARE USING IT
- NODES ARE MORE NUMEROUS (AND MORE WIDELY DISTRIBUTED) THAN EVER
- BITCOIN IS SCALING
- HASH RATE IS AT RECORD HIGHS
- IT’S STILL HERE
what do you think about it? I am very enthusiastic about Bitcoin and the future, what about you? https://www.bitcoinmarketinsider.com/five-reasons-bitcoin-is-stronger-than-ever/This is all positive thought about bitcoin why not mentioned all negative thoughts and reasons why the market keeps falling and some of the big investors are exiting and also some country and big it company specially google are now against crypto currency specially bitcoin, The negativity in the market is only short term, the negativity is getting traction because people are fixated about the FIAT value. What big investors are getting out? Because to me its a time to get in. Google are not against crypto, they are cutting all paid ICO adverts, This wont stop people from advertising, talking and discussing crypto on other google platforms. |
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G-20 will make unattractive the cryptos due to hard regulations and certain bans. In fact, what they are going to talk is so much important, that , according to what i know, Crypto will go to hell in 5 days.
Bad news are coming, goverments and banks want to know how much money you put in, how much you win, and who gets it. This will force exchanges to be regulated so that all "anonimous" information about clients actually disappears.
Big whales, traders and investors are not in crypto for tech. Nor are the 99,99999999% of you. They are, LIKE YOU, in for profit. If crypto is so regulated that you cannot do what attrated people to this , (money laundering and tax evasion among other things), inverstors simply will run away from this madness.
If people actually cared about technology, why would have nearly 70% of the hole value of cryptocurrencies gone?? If ETH, is so good, and has a bright future, what has changed that has forced investors that had 133 billion in this, to actually stay only 40 billion and going down?? has the technology proved wrong? Is it not effective?? NOOOOO!!!!! It's goverments and the profit of crypto vs no profit for goverments and banks what is actually DESTROYING crypto.
In the G20 we will see the hate goverments and banks have against crypto, because the more money it goes in, the less they control it. Banks are losing a huge amount of money to lend because of this, and this is why they are all against. to the point they are even banning you from using your own credit card!!!
G-20 will almost clarify how are they going to destroy Crypto with regulations. The problem you guys seem not to understand, is that you consider regulations good because they give certitude for the future. The real issue is that THOSE REGULATIONS will make Crypto not interesting for investors because, once money laundering, tax evasions, total anonimous transactions and the impossibility to track the money and who really sells it , will live crypto for the value the technology has, and this concept has been proved to be very low, and numbers talk clearly.
Hope you all guys are losing the money and you can afford that. Moreover, i wish i was wrong in all my statement. I really hope so.
Get a grip. The country that is calling G20 for crypto regulations is Japan and the agenda is to prevent money laundering. This is a good thing. We do not want illegal activities to keep using crypto as a way to hide their money and we certainly do not want terrorists to use crypto as a way to fund their activities too. There are many countries who do not want to see too much regulations to kill crypto. We are all losing money but for those of us who still have our heads on our shoulders, we know that this period of pain will pass and we should not panic. chill. I agree, the main issue at the moment which is up for discussion is money laundering and criminal related activity. There is another thread running > https://bitcointalk.org/index.php?topic=3127999.0Japan is leading the discussion and they have stated that they want to encourage growth in the Fintach industry and do not want to stifle crypto growth. Here is the excerpt from the following link > https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/According to one of the Japanese officials quoted by Reuters,
“the trick will be to apply regulations to protect consumers and prevent
illicit activity, without stifling innovation in the fast-growing
cryptocurrency and fintech sectors”. |
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I have mixed feelings about this move but after reading the article
and noting this line:
According to one of the Japanese officials quoted by Reuters,
“the trick will be to apply regulations to protect consumers and prevent
illicit activity, without stifling innovation in the fast-growing
cryptocurrency and fintech sectors”.
I am a little more positive than I was. We all know by now of Japans
positive relationship with crypto so we would like to think as per the
above extract that they want to see innovation and growth in the
sector.
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The markets are very sensitive to any sort of news, good or bad.
There are a few stories going around at the moment, the MtGox
trustee who sold $700,000,000 worth of BTC is affecting the
market along with google banning ICO paid ads has an effect
also.
There are traders making advantages from the situation and
the added effect of people panic selling all drives the price down.
Its all short term though.
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While I will forever prefer either Ledger nano S or trezor, it is good to see other ones coming out. This will surely create some competition among the hardware wallet companies and also reduce prices slightly.
Ledger Nano S for me and I knew abviously about Trezor ad Keepkey, but I wasnt aware of some of the others, they are nor mentioned much here on the forum I think. Thanks for the links, I will be checking them out. |
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Good read, great explanations.
So what I figure is that ALAX is trageting the gaming world
which if I correctly understand is a world of its own.
What I take from the article is that developers can create
their own tokens within this world aimed at a particular
gaming community and the benefits are Fast Transactions
and Low Fees.
I am not a gamer and know nothing about the culture so
who are the competitors?
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Good news for us in the U.K and Europe which should result in faster FIAT transactions in and out of Crypto. https://techcrunch.com/2018/03/13/coinbase-emoney/Some interesting points:
if Coinbase goes bust or ceases to operate as a business going forward,
the idea is that any fiat currency the company is looking after on your
behalf won’t get absorbed with it.
Coinbase’s e-money license will extend beyond the U.K. to 23 countries
within the EU
Coinbase says that the EU grew twice as fast as any of its other markets
in 2017 and that the U.K. continues to be its largest market in Europe. |
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Using Linux is definitely more secure than using a windows operating system.
Most malware is created against Microsoft machines because that is where
the numbers are.
There are a few Linux versions which have a similar UI to windows and are
Very easy to use, its just the availability of programs or apps which can be
off putting for a lot of people.
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AFAIK here in Ireland the only tax due on BTC is in the form of
capital gains tax the same as if I get a dividend from Bank Of Ireland
shares or any other investment. The first €1270 is tax free in a single
year.
The news from Germany is good and Germany being the powerhouse
of Europe I would think many other members would follow suit.
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im not so sure.
Governments and banks would do the utmost to prevent it after all
they have no control over it. ATM there are too many issues yet to
be resolved with BTC to even come close.
It would also need more adoption, a hell of a lot more.
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If this comes to pass it will be very much welcomed.
there was a lot of damage done by this South Korea ICO ban earlier
this year so hopefully if this latest news comes to pass it could
right some of the wrong's inflicted on crypto.
There is too much Fear, Uncertainty and Doubt in the market at the
moment, this could inject some positivity.
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I'm not sure this is a blanket ban on all Cryptocurrency ads, we must
wait for an official google announcement before pressing the PANIC
button.
Here is the opening line from the report
"Some advertisers using Google Adwords to promote cryptocurrency
related businesses are seeing a drop in their ad views, with other users
posting about suspension of both their ads and their accounts, Finance
Magnates reported on March 8."
Im taking the most important word of that opening sentence at the
moment to be SOME!
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