everybody knows bitcoin mining is very bad for the environment, the media often talks about it when bitcoin mentioned. we cannot escapre this problem, that is the bitcoin model. what can we do?
Why are you asking?Are you a bitcoin miner? Almost every human activity is bad for the environment so why do you bother about crypto mining? Just mine your bitcoins(or whatever cryptocurrency you want) and don't give a damn about the manipulated media,that serves the fiat elite. |
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Imagine having one bitcoin. You sell that bitcoin at the current price(around 3800 USD). Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD. You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL. In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH). You have made atleast 38K USD.  I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this. I think that this is every crypto whale's trading plan for the next 2 years. |
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I don't think that most of the people in the Philipines know what ethereum isand I'm sure that they don't have ethereum wallets.The project devs are going to pay them with a cryptocurrency that is going to crash and decrease it's price,which isn't fair.Projects that are oriented towards cleaning the environment are always good,but this project won't lead to further crypto adoption.
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We know that holding Bitcoin is better when users have full control over their funds. What makes an open source software better? Is there any advantage on using it than using close source wallet.
For me,it doesn't matter if it's open source or closed source.I just want to hold my private keys. Each version has it's own advantages and disadvantages and we have to look at the code,in order to decide which one is better.Just comparing a software by the availability of it's source code is pointless. |
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What Do You Think What Will Be Happen After This Market Crash On this Stage. And How to Get Over All This Critical Situation?Waiting For the Good News .when The Sun Peeps for a Good News brings a positive Energy to work with This  Want good news?Just wait for the Bakkt launch and the ETF approval.Those aren't good news for me,but if you think that they are good news,good for you then.By the way,the situation isn't critical,only the noobs think that it is critical.It's pretty normal for a market to have a big price crash from time to time. |
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As other investment scam being introduced from all other parts of the world bitcoin could be consider one of them. It has been slowly dying now because people do not believe on it already. Why? Bitcoin has no use and only few of the establishment uses bitcoin as a form of payment system and as an asset for the users.
Yeah,everything in this world is a scam.You think that Bitcoin is a scam,but it can't be compared with the biggest scam ever called democracy. You are posting such posts only to boost your post count,I guess.There's no value,no information and no theory. |
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So you think bitcoin price is going ahead towards 1K USD.Great!I'm going to wait and buy some bitcoins then.
I have reasons to think that the next year is going to be awesome for bitcoin.Buying at 1K and selling after a few months at 5-6K USD would be awesome for me.I don't believe that bitcoin might reach another ATH in the next 2-3 years,but having a lower price now still guarantees big profits later.
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You are right,but bitcoin isn't a stock or real estate.It's totally different.It's manipulated by a bunch of whales that make profits even when the prices are doing down,so they could later buy cheap bitcoins and wait for the next big bull run.The crypto bubble will be constantly going up and down and the whales(and probably some smaller traders) will keep getting profits out of it.
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For me decentralized systems are more expensive to implement and more energy-consuming.
Those are the major disadvantages.I don't think that forks/splits are a disadvantage.The people,that have different views about how the desentralized system should evolve and improve just have the freedom to leave.This is not a flaw.
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This is the Project development sub-forum.If you have a project,please explain more about it.
If you want to hire people,the "Serivces" sub-forum is more suitable for that puspose.
If more people know what's this project all about,more people will apply,which means that you have more options to choose from and you could pick only the best candidates.
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They are not right 40% of the time.I think they are right for about 25% to 30% of the time,but they just don't fall into the panic selling stupidity and just wait for another bull trend.The crypto market is driven by emotions,just like any other financial asset market.
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I always wonder what might be the reason of centralised authorities not accepting the power of Decentralization and then found the reason,if so decentralization becomes the only means for the transactions then most of the regulators and authorities might be jobless and so they are putting maximum to let down this technology by creating a hype that all the crypto currencies are scam and you can making nothing out of them investing,so we Crypto enthusiasts need to put our maximum efforts to empower decentralization .
You are right.All the regulation clerks/centralised institution clerks will lose their jobs,if the blockchain gets adopted worldwide.This is something normal.The technology progress leads to short term unemployment of all those people with inefficient productivity.They could try to find new jobs, off course. |
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No it's not the right time,just wait for a $1 bitcoin price and then buy a few hundred or a thousand bitcoins. I'm just kidding,but all those "is it time to buy btc" forum posts are kinda annoying.Op,nobody is going to give you the answer.Nobody knows what will happen.You either just believe in bitcoin or you don't. Just don't seek external validation for your insecurity. |
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It's the same old shit regarding crypto.Anyway,I don't think that the G20 leaders are so focused on crypto right now.They are focused on things such as the USA/China tariff war and conflict in Ukraine.
I do believe that the crypto world deserves proper government regulation,but the politicians and clerks will invent something stupid as usual.
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This type of reverse bubble can be called price implosion as well.If the price goes up rapidly,there's a price explosion.If it goes down,it's an implosion.The market is collapsing from the outside to the inside,due to the lack of fresh money/new buyers.Anyway,the crypto market is always in a constant bubble.
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Sooner or later USA will ban all cryptocurrencies,just because the iranians use them. Just kidding.Let's hope that this won't happen.Anyway,those "bitcoin users" are involved into website hacking activities,so it's OK to punish them. |
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Ok, lets do the math, today bitcoin is $68 BIlllion USA capitalization, yep that is a lot of money.
But in 2017 the crypt capitalization was north of $800 BUILLION USA, so where did 95% of the wealth go? Did it just 'evaporate'.
Now the morons who pump&dump btc on this site are saying, ... its coming back, but how?
In 2017 they pumped&dumped btc on CHINA, USA, Europe, africa, korea, singapore, aussie, ... everywhere on earth people used their credit-cards who had no money, to BUY BTC,
Now these people have lost all their money, they still OWE on this debt,
How in the hell is it coming back??
Who in the hell is going to bring a NEW $800 BILLION USD back to the btc table??
From 2009 to 2014, ok btc bounced $1 to $400, that's fine, total capitilization was in the millions, and that was easy to replace, but now $800 billion USD is more than the GDP of most countrys,
Also the FED-RES is no longer doing QE, a lot of the money that made its way to BTC was that post 2008, the FED printed $4 Trillion USD and dumped it on the world, so a lot of that money, trickled to BTC, ...
BUT now the FED has quit QE, its no coming back.
There is NO way in hell, its infinitely impossible for bitcoin to go back to even $5k, in all probability it might stop at $1k, but its most likely to just keep drifting back to $400.
I guess that you don't know how market capitalization works.Having a 800 billion USD market cap doesn't mean that there are 800 billion USD worth of cash in the market.Even 10 billion USD in cash can create a 800 billion market cap.It's all about circulation of the money. The amounf of noobs,that will buy the hype will never end.It might decrease for a while,but it will never end. FED will keep priniting money untill the end of days.A new stock market crisis is coming and they will start the printing machine again. |
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Nothing new here.We are still waiting for Bakkt and the ETF approval to bring in some new hype and start the next btc bull run. The other statements made by Sonny Singh are right.Altcoins are useless without Bitcoin and the ICOs are dead.Nothing new again.I can make the same statements,but I'm not a Bitpay director. |
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Interesting theory,but I can't agree completely.It's true that nobody can stop the cryptocurrency exchange platforms to turn into exit scams and run away with our coins.I think that the best time for this is gone (last year's ATH) so no crypto exchange would steal coins with rapidly decreasing prices.The crypto exchanges want a bull market,they risk their entire business for some easy money.
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Fake news or not,I kinda believe this theory.The bitcoin futures trading has a significant influence over the bitcoin market.The Bakkt project might make everything worse.I really wish that we could turn back to the good old days without BTC futures trading.  |
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