Central banks are the source of financial crisis since the beginning with all their policies to wrap countries in debt. That's why in economics, hoarding gold and other hard assets far better than have trillion in bank accounts. In a collapse financial system, gold will be the new standard, hopefully fiat currency in the future made of gold like the system thousands of years ago.
|
|
|
Bitcoin still far away to be an attractive means of payment, all the complicated steps to use it isn't convenient to many people which is the obstacle today. Retailers and merchants have to cooperate with exchanges to convert bitcoin to fiat currencies. Bitcoin can be a medium of exchange but can't equalize to fiat cash.
|
|
|
I can't believe Binance were naive enough to think this could work.
The real P2P stuff is happening just fine between individuals in private on low key and neutral platforms. One of the world's biggest crypto companies expecting to wade in and be facilitated by a government puppet is ludicrous.
But it seems really works as CZ claimed; "In the first 24 hours since launching, the service volume was $1.5 million in volume,"There must be a way for Chinese citizens to buy and sell bitcoin without getting caught attention, don't know how but it eventually operates. Let's see if it can survive there or blocked through a hard way by the government.
|
|
|
Please, fork it and go elsewhere and don't try to destroy the real bitcoin. There are plenty of people who will stick with bitcoin or inflatecoin.
Forks always have their aim at 'destroying' the real Bitcoin because they are obviously MUCH better. An aspect of forks that I am extremely thankful for is the fact that they have donated free Bitcoin to me in form of dividends. Sure, it required me to sell the garbage that was donated to me, but I got an average price of ~0.19BTC for every BCash that I had. Next was BTG that I got like ~0.03BTC for. Where are you gifted the most precious and sound asset like that? Let the forks come. I'm happily dumping that shit for real Bitcoin. we will stick to bitcoin which has been written on the original white paper by the founder with some changes to date, let core people decide the fate of bitcoin in the future in the year 2041, most of us will not alive until that happens though. All the forks coins have good value among the crypto market, for example; bch could reach around $4355 in 2017, yes it's a good dividend for us bitcoiners.
|
|
|
According to the data "top 100 richest bitcoin addresses", there are 106 addresses that have 10,000-10,0000 bitcoin, it should be more than enough to control the market although it less than 0.1%. Most of those 100 richest addresses belong to major exchanges like binance cold-wallet, huobi cold-wallet and bittrex cold-wallet and others probably belong to miners addresses. The fact is even BTC163,664 binance cold-wallet only 0.9% of total coins, with only 0.9% the price in the exchange market (binance) can drop in a significant number, let aside 10,000 bitcoin, if it can be dumped to various major exchanges, the global price will be crash for sure.
|
|
|
We have seen bitcoin persist at $8000 for almost a month to date. However, bitcoin tends to decline when the market in this bearish situation after bitcoin failed to hold a position above $8500. I expect bitcoin to gradually drop, probably to $7500 and the worst $7000 as the bottom before bounce back. Nevertheless, we are heading towards the end of the year and halving, bitcoin will gain momentum to reach $10,000 soon or later.
|
|
|
I think the conflict between Hong Kong and China will not affect the price of bitcoin. proven that the price of bitcoin is fixed at around $ 8k. although there may be some investors who withdraw their money from stocks to buy bitcoin. I think since bitcoin was created until now it has not been influenced by the political and social issues of a country.
You clearly didn't know what happened at the time this thread made, it was June 19th, bitcoin price was $9000 and bitcoin reached $12,984 in June 27th, don't you see the correlation? Bitcoin price did affect by the political and social issues of a country, especially some major countries, remember when China banned bitcoin exchange and bitcoin miners, the price declined immediately. Or when the market speculates SEC might accept bitcoin ETF, the price increase rapidly. Or when Japan regulated bitcoin as a means of payment, that was a great day for bitcoin in the market.
|
|
|
The statements about Libra being a stable coin is a thread to financial-economic blablabla is massively exaggerated, it's nonsense. Libra coin will be pegged to major sovereign currencies to maintain its value, to use it people have to comply with KYC to fulfill AML policy, not a threat to the international monetary systems obviously. On the other hand, bitcoin is a decentralized system that has been proven successful as a means of payment (borderless) and a store of value (it starts from cents to $8K atm), although it's not attractive like they claim.
|
|
|
We can help poor people in the 3rd world using bitcoin, just like any other currency. Many people have launched charity communities contribute to help poor people and make positive impact on the world, build a school, electric power grid, fresh water well, etc. So, with bitcoin, everyone in the world can donate anywhere else without any obstacles, just find a community to utilize it.
|
|
|
Controlled = manipulated It just a different word but have the same meaning in the crypto market. Whoever has tons of money in their account can buy bitcoin to a certain price and whoever has tons of bitcoin in their wallet can dump the price instantly. And other traders which only have average capital play under those whales who rule the market.
|
|
|
Brexit has no correlation to bitcoin downfall, what a silly article. UK GBP and euros will be just fine after Brexit. After all, bitcoin might provide a way for them to bypass any political hurdle. Brexit is going to be followed by a number of immigrants and emigrants and cryptocurrencies are the easiest and the cheapest way to send remittances home,
|
|
|
Trading on an exchanger near to you (in your country) still the best way to exchange cryptocurrency, they offer low fees start from 0% for the maker, even some offer rebate promo for market makers when their orders are fulfilled, even Bithumb give 70% of fees back to customers; [ This event will occur between October 21 and November 22. Specifically, it only applies to users of Bithumb exchange outside of Korea.] Most of the large crypto exchanger which has liquidity only charge small fees, you can always check their fees; check HERE and HERE
|
|
|
The only problem with bitcoin is the fees and the delays when the price rises and the mempool gets backlogged.
Did you use Bitcoin recently? Segwit adoption has gone up a lot resulting in piss low fees. I haven't paid more than ~$0.08 in fees for my last transactions. In case there is a sudden increase in transactions I use RBF to bump the fee a bit. Times are different now. USDT's shift to ERC20 helped a lot too. Please don't tell me that $0.08 is still too high. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Low fees for now, but wait until the price suddenly pumped, skyrocket to the sky, backlogged will flood the mempool and our transactions might be stuck for days even weeks unless we are willing to pay extra high fees. We will see the fate of libra to be at stake next week when Mark Zuckerberg heads to the US House of Representatives, his enemies are government and central banks.
|
|
|
First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous! ~ Can crypto make millennial more screwed or otherwise? Let’s discuss!
Video games and crypto are not in the same frequency, playing video games for hours is wasting time (if it's not your job) but spend a lot of time in crypto will make millennials have an insightful perception about economics worldwide and how politics affect it, moreover they can earn cryptocurrency, it would be more beneficial.
|
|
|
Another red mark for crypto space associated with bitcoin; The malware was suspected to be a Bitcoin miner because of its behavior of executing multiple processes over a short timeframe, even though it was confirmed as a the xmrig Monero miner. For layman it was a cybercrime which might be infected many places, not just one airport.
|
|
|
angeloBTC (top bitmex trader) is still short term bearish. yesterday he said he's still looking for $6k:Patiently waiting for $6k $BTC levels where I will add to long-term holdings.
Good luck homies. i hope he's wrong but the way we're bleeding back down to $7700.......it looks ugly. who's getting ready to catch the knife? I have sold at $8400, waiting for $7700 again but the price still persists, the lowest today was $7811 but I miss it, hopefully bitcoin will drop deeper than $7500 so we can stockpiling more and more coins ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But I really doubt bitcoin will fall below $7500, forget about $6K, not gonna happen.
|
|
|
There are several reasons why people invest in negative yields bonds; the main reason because they expect the bond will eventually rise to get profits, it's better than have cash, and negative doesn't mean negative income for some. Because central banks will keep buying to stimulate economies through bond purchases. If $17 Trillion shifting to bitcoin, imagine how much the price could be, instant pump and then massive cash out. SourceRead more
|
|
|
There is a lof of TA on trading view, in this forum and many other crypto sites, some predict bitcoin will fall to $5K and others predict otherwise. 2 months before the end of the year, the bitcoin market will fluctuate obviously but not significant movements, just like lately the price increase and drop within $100-$400 a day. But we are approaching halving which surely affects the market behavior, expected bitcoin will gradually increase and eventually reach $10,000 by the end of this year.
|
|
|
LoL, it's funny about that, everyone could say the same thing about bitcoin going to a certain price, if it was right, you can say "I say so", but if you are wrong, just forget about it. Look at the history of your post, it's hilarious. looking at your posting history I sold all of my BTC with 8200$, Now I want to join to the game again, What do you think about next crash time? I think it will be crash beforBTC hit 10k$. one month after you sold the price reached $19000 https://bitcointalk.org/index.php?topic=2614154.msg29636827#msg29636827If BTC drop to 1K$ than next wave of panic will be started and BTC price can easly drop to about 100$. Now you believe the price will reach $30,000? what made you change your mind?
|
|
|
Many obstacles for bitcoin these days especially the FUD spread among the people all over the world. In many cases, the first thing people know about bitcoin is being used for the dark-web, illegal transactions, silk-road, hackers, ransomware, and so on. it is only a matter of time until the current old-bankers generation replaced by youth and open minded people, then we will see bitcoin acceptance on a global scale.
|
|
|
|