The success of the project depends on the project team and the concept of ideas that are brought (products and services). How much is the total amount of fundraising (for some reason I doubt at this point), the ability to "buyback" at certain times. The amount of enthusiasm from the investor community the more people believe in the project, the higher the value of the project.
The ability to understand and analyze every situation is one of the characteristics of a great team running a project. Taking seriously their responsibilities and having a mindset to achieve their goal can also bring their project to success. Without having a goal, it will be impossible to create and improve a project. |
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snip---
what have you done to help promote the Blockchain technology and cryptocurrencies? How many people have you introduced them to? How active are the people you introduced?
Do you mean the actual action? There isn't much I can do, I just take small steps by introducing blockchain and cryptocurrency to my family and close friends. I teach this to my beloved wife, she accepts and wants to learn so we can work together to earn money from here, this is very fun, try it. My wife likes to write so I directed her to join bounty content creation, her hobbies were channelled and became an opportunity to earn money. A small number of friends who know me often promote several projects from my social media account, some ask questions and I am happy to explain it. Some are interested, some are indifferent. I am not forced, I am not too obsessed, this is not something that can be learned instantly, it takes experience and process. Your second to last sentence is exactly the fact. The Blockchain technology needs experience. Also, I like your mindset regarding how you promote the Blockchain technology; not forced and neither obsessed. Basically, I have introduced it to family and friends but only one of my sibling has interest.... Just that he doesn't understand the fact that experience and time is needed. Not everyone we shared will follow with our interest. I have the same experience where I shared it with my family and even with my friends. They show their interest the first time they heard that they can earn money, they only focus on that and not in the knowledge I have shared regarding cryptocurrency. Right now, they are not doing crypto activities anymore, it's not their interest. |
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I think it is not necessary and might not happen.
Bitcoin and Gold have different uses.
Moreover, some crypto-currencies are already coming out to help me the trading if Gold easier.
Gold has managed to survive through the medieval times, I don't think it will stop now
I tend to agree. gold and bitcoin don't need to compare with each other. They serve a different purpose and even they are both an investment tool, bitcoin is much more useful than gold. We can have an online transaction on bitcoin while in gold, we have to convert it to cash first before we may be able to use it as payment. |
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BTC shows very strange results. Day after day i see +3 -3 rates. +300 USD then -300 USD.
What is going on? And when we will see good news?
The bitcoin market was stable for sometime and if you were in the market for a long time you will not find these range that strange to accept but the recovery we had was astonishing as no one expected that to happen in this short period of time and if you had the opportunity when the market went down you could had made a good profit in a short period of time, it is too early to expect a big rally but we will see those rallies after the halving. This is just a normal situation in the bitcoin market, high volatility was with crypto after all. It is indeed that no one expected this sudden increase in the previous days, and it is a great opportunity for some to make a profit for that sudden jump. |
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I think that at this time ethereum is still silent and there are no signs of price increases, ethereum is still very calm but when bitcoin can soar high and market conditions are good then ethereum prices can also be rebuffed and will increase prices.
after its sudden pump from previous days, we can still see its slow movement. It is slightly stable at below $200, and this might be a good sign. Sleeping for several months and not showing any increase in price, maybe it is just preparing itself for the next coming bull run. |
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One question OP, how did you 'specifically' found this addresses?
I am guessing you have been monitoring it before now to know when the owner made this move.
Anyways, three particular thing is involved here;
1) Perhaps the owner suddenly remembered he had some certain amount of Bitcoin
2) The owner has been hodling since and probably finally decided to make use of the funds (Not sure why he didn't spend not even one when the price was 20k though)
3) Someone else got hold of the private key or assess to the funds. (I hope this is not the case here)
I have a list with dormant addresses around 2700 and I'm monitoring their activity for personal reasons. Few days back I checked the balance on all of them and I saw that the funds were moved for some. We don't know if is one person or a group. Also we don't know if is the owner..but it has the private keys. The funds were only moved to other addresses. Maybe this has been done by a single person, as you said this wallet already been existed since 2011. I think an individual store it and do not intend to move or use it over the past few years for his own reasons. This may be his time to make a move. Well, we don't know his reasons. |
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Literally, I didn't know it increased. I just checked now to observe that there was an amazing shoot up of bitcoin's price. Looking at this, I'm kinda thinking that the prediction of btc price for October is still feasible. Though there are five days remaining, the price could still reach the $16k as predicted.
We will never know until the end of this month will come. Maybe the prediction is right or maybe not. There are still a lot of struggle that the bitcoin may face for those remaining days of the countdown, its price may go down at any moment or maybe up as predicted. |
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I would like to discuss whether you think this is Xi hidden message to the world that they are able to make a perfect cryptocurrency than Bitcoin?
maybe they can make anything with blokchain technology or they want to make their own digital currency so that their country is seen more by other countries but in my opinion if they make something with blockchain technology I think it won't be more perfect than bitcoin because bitcoin is one only highly developed digital currency. They see a bright future on blockchain technology. China is now planning to adopt and prioritize the improvement of blockchain as the statement of the Chinese President. This may become a trigger for other countries to follow the stepping stone made by China, and this may give a huge effect on the market. |
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You have mentioned some good ways to earn crypto for all in the market but you can also add bounty campaigns,twitter campaigns or writing blog which will give you reward in form of altcoins without any investment.
lol the OP mentioned it in the article, not in this thread. if you wanna check let's open the article Bounties and Airdrops
Bounty campaigns are essentially an incentivised reward offered by startups to individuals. What this means is that a company introducing a product or a service offers a reward to people in exchange for performing certain tasks. In the cryptocurrency world they have implemented bounty campaigns to ICO's as a useful marketing tool to raise awareness.
Participants are paid in the token they are promoting. There are a range of different tasks from sharing links on social media, writing articles and signature campaigns on forums. For both parties it's a win win. The user takes part in small micro tasks and earn tokens which can be worth something and the ICO has the ability to reach their target audience without throwing down serious capital in marketing. These are the best way which most of the people prefer as they are simple compared to those who require technical skills to perform. unfortunatelly, bounties arent good again right now, many ICOs turn scam is the cause. Bounties are not profitable unlike before, downtrend comes to the campaigns for the past few years. But we can still be able to earn if we are good enough to find a paying campaign, it may not be easy but it is worth it to study campaigns to learn and avoid wasting our time. |
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What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...  Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree? In late 2017, those rewards maybe real because there are many projects that gives thousands dollar to each participant. but in current market condition that's almost impossible, maybe that value just their team estimation but when it enter the market , the value could be drop for more than 90% It was 2 years ago where we can still see a project like this with a huge allocation for bounty campaigns. Where it is still possible for them to raise up to their target funds during ICO. Nowadays, these rewards are impossible to allocate in bounties. They can't even raise a proper money to fund the project. |
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It's been a decade since Bitcoin emerged as a decentralized digital currency for the people. While it's no secret that Bitcoin and other cryptocurrrencies have some drawbacks, they're still a great alternative to Fiat when it comes to making payments without a centralized entity in charge of our funds. With latest advancements such as DAGs, smart contracts, Layer-Two scaling solutions, Dandelion Protocol, Zero Knowledge Proofs, and more, it's becoming more evident that crypto will someday replace traditional payment processors like PayPal, Apple Pay, and Android Pay. Yet, Blockchain technology is still struggling with user adoption and regulatory compliance. Nonetheless, do you believe that there's hope for Bitcoin to beat traditional payment processors or will those same payment processors adapt to the Blockchain in the future?  From the current value of bitcoin, I don't think bitcoin will replace traditional payment transactions. Blockchain adoption of technology I think it is likely, after a speech from Chinese president Xi Jinping, is the first step to the adoption of blockchain technology. Concepts like stable coins are more suitable in my opinion as a substitute for traditional payment transactions. Bitcoin will not definitely replace the traditional way of payment especially for now because we are not ready yet due to the fact that there are still some country that has no facilities to access crypto. Besides, cryptocurrencies especially Bitcoin will is not that good for payment due to the reason of stability. This requires a massive adaption in order to implement this way of transaction. We're still far from that dream. Replacing the current traditional way of payment will be a huge adjustment. Bitcoin as a primary source of payment will not be supported by lots of countries. It can only be another option but not as the primary option. Its volatility is the biggest struggle we can face if this will happen. |
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It's probably that, and China's president announcing support on blockchain technologies could have gained attention especially from the miners and crypto-people in China. However, I don't think their government support bitcoin in particular, they're gonna make their own cryptocurrency, which I'm not sure how would it affect the prices in few years time. Hopefully, China won't ban bitcoin despite their opposition, because if they would, it would shake the bitcoin network and most probably the market.
Well, this might be a major contributed to the sudden rise in the market value of bitcoin but I also think there might be other reasons for what's happening in the bitcoin market currently. When it comes to the sudden rise in the market value of bitcoin, there are numerous factors that influence the rise and fall of the market. But no one can really tell the actual cause of this sudden rise of bitcoin... This is the major event right now, as the leading country to ban cryptocurrency before is now finally seeing the true potential and usage of blockchain technology. And now, he's leading to contribute to the development of blockchain technology, China truly wants to overcome the current trend of bitcoin by creating their own crypto. |
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I am doing market research for a potential project.
If there was a website you could go to daily where you would earn anywhere from 1 cent - 10 cents worth of bitcoin just for clicking a button, would you do it?
No strings attached, no deposit required. You go to the website, push a button and 5 cents is deposited into your wallet. Would you go every day and do it, or is it not worth your time?
Would this be a faucet type thing? Just click a button and 5 cents goes into your account? Does it have a limit per day, or is it just a daily thing? I personally wouldn't bother wasting time on earning an extra 5 cents a day, especially with the transaction fees that comes with bitcoin (usually would be around 1 dollar for a TX). You should consider doing payouts in other coins like dogecoin, avoids transaction fees. Most other faucets offer something like 50 dollars a month for clicking buttons, so your really scraping the bottom with these fees. This may be something like a faucet. And if ever, I am not gonna waste my time on such thing. Earning 5 cents a day is such a waste of time. Utility bills are much expensive than what you can earn. We should consider what we can get and what we have to pay. |
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Some people are looking forward to and are trying every means possible to get purposeful coin that can survive for long, yet some are still looking at ingesting in shitcoins. It might get to a time that the crypto market might not have much support for shitcoins.
Making a profit out of shitcoins is sometimes we can call as one-time fortune. Some are still risking their investment in shitcoins and hoping for a high return. They find it an easy profit but we all know that it is very risky, shitcoins is considered to be trash, it is a coin that most of us are avoiding because we don't want any losses. |
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the most prominent mistakes beginners are too rushed to expect great things without thinking about the risk in the future. also the lack of knowledge is one of the factors that beginners lose in trading. in my opinion before stepping / making a decision you should understand the field of cryptocurrency first. patience, the breadth of knowledge and psychologists ourselves is my main priority in trading.
Most of them are taking every decision in a rush. They have high expectation and this leads to panic selling when their expectation has not been met. They can't resist seeing the market to fall. Due to a lack of experience, they made a mistake without noticing their own actions in trading. |
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in my opinion when google succeeded in making quantum computer technology. then the world will follow along with bitcoin and blockchain. maybe later in the future bitcoin developers will work hard to further improve the security system and so it is not easily hacked by quantum computer users. so as long as bitcoin developers and users can increase their security. nothing to worry about.
Only if they succeed in making it; Otherwise, bitcoin will face another obstacle. This action that was made by Google will be followed by other developers if they see success in their first run. This will add another popularity to bitcoin and increase its demand. |
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This is meaningless, fiats are used in money laundering and terrorism the most and any means of payment or something valuable can be changed for any thing else, this is so pointless and all i see in crypto FUD
It is expected since transactions in cryptocurrency gives you anonymity. Fiats are also used in money laundering, indeed. However, the difference between fiat and cryptocurrency is big. Fiat cannot be banned in countries since it is legal and is regulated by the government, unlike in crypto, they can easily ban it with this matter. |
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It is possible. We really can't determine whether its price will drop more or when bitcoin will start to pump.
This time, the only thing we can do is wait and watch the current situation of the market. We should not take this as a disappointment, grabbing this dip as an opportunity will be the best thing to do right now.
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Yes I totally agree with your opinion, in the longer term in the future, Asia will still be a place for cryptocurrencies to grow, most people who care about cryptocurrencies are only investing, a very few only the technology will be concerned. Later regulations will probably be better established for this electronics market and may make it more stable and developed.
Once these popular countries will start to accept crypto; then, Asia will actually the biggest cypto market. If this will happen, this will also give an influence to other countries to expand the market range. This will give a huge changes in the msrket especially on its price. |
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If ever that China will ban Bitcoin Mining, it will affect people who are working on it. Bitcoin mining becomes one of their source of income, it would be hard for them to recover in case that it will be gone.
Yes will have big affected to china if they ban it because many are working in mining bitcoin. So its been hard to some people on china once this is happen. Not only in the citizen of China, but also in the whole cryptocurrency. Every user not only the miners will face another dump. We all know that when Bitcoin was banned in a certain country, its demand will decrease, it will affect the price of bitcoin and that will become a struggle again. |
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