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Cointelegraph announced Coinbase was Partnering with NBA and WNBA in a major crypto deal. Although the partnership will be more significant particularly to the NFT industry, it is also huge news for crypto in general.
This move is bound to take crypto a few steps closer to mainstream adoption. Glad to hear your comments about the news.
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I have been stacking some bitcoin for quite a while now. I'm using Kraken as it is a licenced exchange, however, the interest is pretty slim. You can "stake" bitcoin at Kraken with a +0.25% yearly income. Thing is, not your keys, not your coins. Even though Kraken is a trusted exchange, I'm thinking it is not worth the risk. Of course, I could go for other options which offer pretty good interests rates, however, the bigger the interest, the bigger the risk. You can also wrap your bitcoin and put it into DeFi options, but has said the bigger the reward the bigger the risk
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Yes, It can be expected that cryptocurrency will be a Global currency in the future.
The BTC will be the father coin and there will be a lot of sub coins.
Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.
Well, isn't Bitcoin a Global currency already? I mean, Borders pose no challenges whatsoever; Governments can't do much against it as it is accepted everywhere in the world including in countries that have criminalised its use such as China. Why shouldn't we consider Bitcoin as a Global Currency? |
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There is a lot of shilling lately (again) with "the flippening" event happening. Ethereum has created a new market which is basically 99% scam tokens, rugpulls, pump and dumps and NFTs which are probably used for money laundering. Anyway, the thing is, there is definitely if a demand for all of that, even if it's all based on a platform that's not decentralized.
So to the point: Would you quit if a centralized shitcoin managed to surpass Bitcoin in marketcap? At that point it would be clear that entire space is a joke. Bitcoin would still march on as usual, but it would be just sad to see people putting their money on shitcoins rather than on the only actually decentralized blockchain worth anything.
I guess that could happen, mate. In fact, at some point, I do believe that bitcoin will be surpassed. Bitcoin is kind of limited when it comes to use cases, so that may be a killer. I only see its usefulness as a Store of value, hence with some other altcoins, we can find a wide variety of use cases. That said, I don't think that the space would become a joke at that point as the "shitcoin" that surpasses Bitcoin may be the recipe that solves the basics problems of scalability and security. |
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https://twitter.com/psychedelicbart/status/14478823545765683228 years and 985.61x later, @nouriel finally capitualted...  I cannot believe it. Nouriel Roubini, one of Bitcoin’s most commited CRITICS has changed his stance against Bitcoin, and has embraced it and has recognized its merits. Will Peter Schiff be next? I believe one of his feet has entered the door. His son owns Bitcoin.  It is always great to see bitcoin haters abandon their stance. And it is not just this guy. Damn, even my father in law is now interested in bitcoin. Nouriel is a renowned Economist, so sooner or later he would have to recognise cryptos are a financial reality that is inseparable from the future. Not doing so would be like not having a degree in economics. |
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Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
That is something we cannot predict. Even though Cryptos are going through bubble, it is difficult to predict how much it can inflate until it bursts? IMO I see it having a big dip before hitting the 100k mark. Let's hope I'm wrong and it goes straight to 100K before any dips  |
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From what I hear this competition has been going on for quite some time and up until now no one was able to crack it. I guess it will be very difficult to crack the passphrase even though there are plenty of tips. Best of luck to all and may the best man win. |
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As another poster mentioned, surpassing $70,000 is highly likely to happen before the end of the year.
What if we compare this bull with 2017 or even 2013? If that's what going to happen which is more likely as the trend says, I guess we could see an easy $100k while if history is to repeat itself as of 2013, someone said $288k seems not much unrealistic. The thing is prices are through the roof. It's in fact a bubble that can burst at any moment. While it is not unrealistic to see bitcoin reach the 100k barrier, just think about the long term holders that are ready to dump at those prices. If that so happens, it will be raining blood everywhere. |
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Several articles have been written on how the government always print more money just to pump the Central currency due to inflations and this has always given Bitcoin and edge over them, we saw the market already heading back to $64,000 which is the highest Bitcoin price since its creation and this further goes to credit the fact that Bitcoin is an anti-inflation currency and is ahead of the central bank traditional paper currency or CBDC.
Apparently US is preparing to print a lot of paper cash. Rumours have been going on saying they are on the verge of printing 31 million USD. I wouldn't be surprised at all. And I believe this has been having a direct implication on the bitcoin price. |
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Russia is adopting a different attitude towards cryptos than China. President Putin has come public saying "Bitcoin has value but it cannot be used in the Oil trade" I guess Putin didn't still fully grasp the real potential of cryptos as he says “Cryptocurrency is not supported by anything as of yet. It may exist as a means of payment, but I think it’s too early to say about the oil trade in cryptocurrency.” But even so, it shows that Russia seems to be adopting a friendly position facing cryptocurrency and it may be having some impact on the industry. Given that China adopted a harsh position towards cryptos, is it possible that miners are relocating from China to Russia? Is it possible for Russia to step up to occupy the former place China had in Bitcoin? I guess this is what is happening, otherwise, Putin wouldn't come public with such a neutral position. |
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I believe that Bitcoin and general crypto indrustry enter an era of heavy regulations. Regulations that will do near impossible for the most ppl to buy, trade or even use Bitcoin. Today EFF have post an article about this matter https://thedefiant.io/crypto-endangered-confronting-an-existential-threat/https://twitter.com/EFF/status/1448023101518671873Bitsamp already do this and ask from the most of their customers to give them every bitcoin or crypto transaction they have done the last years. Where they buy and where they get them. Maybe this new heavy regulator era will be and a great opportunity for a growth to p2p exchanges. Unfortunately, crypto is under the scope of Governments and regulation will soon come. Hopefully, it won't be so harsh that it may stifle industry growth and development. In a way, regulation is good as it will give the user a lot more protection but on the other hand, it will turn into absolute control for the government which was basically the opposite of what Bitcoin was created for. Thing is, the wheels are now turning for too long and have become unstoppable. It came to a point that governments see it as a "can't beat them, better join them" situation. |
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As far as i know (and feel free to correct me if am wrong) miners currently get paid the block reward which consists of the inflationary subsidy in addition to the sum of all transaction fees of all transactions in that block everytime they "mine" a new block and add it to the blockchain and since the bitcoin circulating supply is hard capped at 21 million coins so when this number is reached miners will no longer be getting the inflationary subsidy after minning a new block instead they will only be getting the transaction fees.
So the question is will bitcoin minning be still profitable then ?
Note:
i did a quick google search and couldn't find data on how much bitcoin miners make from transaction fees so if anyone has a way of calculating it please share.
We cannot predict the real effects over bitcoin once the full 21M supply has been mined. The logic behind the ecosystem is that mining cannot stop. As such, once the full supply has been mined, miners will keep receiving fees. As said we cannot predict the effects of this happening; we can probably see a huge increase in fees cost or competition between miner may take them lower... who knows. Even so, Bitcoin is still underdeveloped and many things are still to come. You can maybe find answers to your questions here |
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What problems in Bitcoin's infrastructure prevent it from being adopted more easily?
Cryptos are still quite cumbersome to use. I guess this is still one of the key issues with cryptos. Adoption will come once we figure out a way to offer a much friendly way of handling and using cryptos. Take Defi for instance; it is even more difficult for someone new to the industry to grasp. The problem with cryptos is that you still need to have a bit of knowledge to dig into how everything works and how to use it. This leaves a lot of people out as they don't want to meddle with something that they don't understand. |
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I am new to crypto and everything I have done has been strictly through Coinbase. I don't have a key or anything like that.
Is my crypto safe?
What can I do to make it safer?
Everyone talks about keys, what exactly is a key. Where can I purchase one and how does it work.
Thanks and good luck to everyone. I am already up about 22 percent on my investment and extremely happy. I do feel that BTC will go to the moon.
Coinbase was one of the first exchanges I have used but I rapidly stepped away from it because it did not offer any trading with other currencies. This was back in 2013, Now I'm using it again. As for security, can't say it's bad but Last week reports were made saying Coinbase got hacked. As for the keys, you should always safeguard your private keys as they are the ones who will allow you to access your coins. However, this is only in case you have your coins in a personal wallet and not on an exchange. If you have your coins stored on an exchange then technically they are not yours because you do not control the private keys. "Not your Keys, not your coins" You can learn more about keys here |
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You forgot to point out that bitcoin has been proclaimed dead several times but it has survived each and every time to become stronger by each death. You could also point out the millions of satoshi's leftovers in exchanges and forgotten addresses.
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There's a lot of techniques you can use in order to have a good trade but the most technique that I use is divergences and bigger time frame preferably 4 hours and above with RSI this kind of technique is not 100% accurate but the accuracy is good for me rather than other techniques that I used before.
You can use MACD, Stochastic RSI, Fibonacci retracement and candle stick patterns those are some good indicators too.
Yeah, I also use MACD and Stoch along with candlestick patterns, however, when it comes to Fibs, I still don't know how to use it properly. I would like to learn more about fibs and Elliot wave. Can you recommend a good Fibonacci for crypto tutorial? |
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I use a few tools to help me with my trading. I normally keep BTC-D under the scope, while using Tradingview for the charts. I would like to hear what kind of tools and indicators you guys use to trade cryptos.
And how about trading technics. Is anyone kind enough to share?
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Adoption of bitcoin will be increased more in the upcoming days and it’s great to see that Venezuela airport is accepting bitcoin. As soon as more future ETFs are got approval, we might see more good news like this one. Although few person's still spreading fuds by tagging that bitcoin is nothing or worthless. But those aren't matter to bitcoiners.
From where I stand, we may see an increase in Bitcoin adoption but the real adoption will come when Bitcoin becomes easier to use. Besides, with the kind of transactions fees we pay, bitcoin becomes unfeasible to be used as a currency. That is why I think that altcoins will have a bigger and faster adoption than bitcoin in the coming years |
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Hello guys I am working on my project Bitoplex Exchange. Mainly focusing on developing solutions in Bitoplex to current issues in exchanges such as entry points, privacy, funds security and more. Looking for serious Co-founders & Partners. Current project progress:- Phase 1: P2P - Custodian (Completed) - Non Custodian (85% completed) Next phases: Phase 2: Centralized Order-Book Phase 3: Decentralized Order-Book Phase 4: Bitoplex Offline Wallet Platform redesign: https://bitcointalk.org/index.php?topic=5355659.msg57830892#msg57830892 beta.bitoplex.comLooks like you are cooking something good in there. What kind of investment are we talking about? Do you accept contributors as well? I have good knowledge in the field, some writing skills and can run a marketing campaign. I can help you spread the word. lemme know if interested. |
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If Cryptos are not going to Wall Street, Wall Street will surely go to cryptos! These guys are real "wolves" and they know where the money is. Besides, when we see that "wolves" are ready to turn their back to Wall Street to start embracing cryptos, it really makes me bullish.
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