That's the thing. The only people gaining are the people that initiated the pumps. They're smart. As soon the shit coin goes up buy 10-20% they sell to people buying after the 10-20% up. Anyone who buys after that is stuck with those coins because no one is going to buy a shit coin that is up that much. They end up selling at a huge lost (sometimes 70-90% lost). It's a scam that works well for people who organize pump and dumps. The FOMOs are trying to get rich overnight, but ended up loosing everything. I wish people get it that only trading / investing in Bitcoin will bring you profit. Only BTC's price fluctuate to the point where you can make nice profit trading with even $500. It's going to take a while to build up the profit, but it's almost always a sure thing. That's why we shouldn't chase after pumps. Information is key in the line of business. Either you have it or you don't. An experienced trader will never chase a pump, and will not succumb to the incredible urge of getting in, so these Sharks only suck the blood out of the inexperienced or the new guys in town. For those who follow cryptos for a few years now, we already know that if you don't know what you are doing, crypto trading will be much like putting money into a ponzi scheme. |
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As it stands, the next block reward halving is expected to occur in mid-May 2020, at which point the reward will be reduced from the current 12.5 BTC, down to 6.25 BTC per block.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.Source link for the full news hereI know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market. The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance. In my understanding, the price needs to go up before the halving happens. The reason I believe this to be true is that mining needs to be profitable. Judging by the investment made in the mining industry, or either the price goes up or mining will become unprofitable even to the biggest companies. I now that the technology is keeping up but still, if the price stays at these levels after the halving we could see the market going into collapse. |
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I guess that this is only the beginning of a witches hunt in the cryptocurrency sector. China already fears Bitcoin, and even though they see the blockchain as an amazing technology, I believe they must be trying to avoid anon cryptos to get out of control. While btc is not anonymous, China can even tolerate BTC, but they will not tolerate coins that will enable power to be taken out from them.
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every time Bitcoin goes down a legion of experts show up with a lot of theories. I believe these crashes to be orqestrated by whales who have been accumulating btc. The halving is coming, so sharks and whales should be using several techniques to gather more and more coins. This might be a move to lead many holders to take actiion while they get cheap coins
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Actually they are there every time. They might be the most useful partner at the right time and may not lay a hand to you in a time of needs but the thruth is that people still rely entirely on Banks. This is mainly because they need to receive their payroll. Big companies are tied to banks to relieve their payrolls and people wanting a job will have to have a bank account to receive their payments. Even if they are paid in checks they still need to go to a bank to exchange it otherwise they will need to find a different way which generally leads them to pay fees or have extra expenses. Cryptocurrencies are the answer to this problem. But even so, the way the bitcoin network is becoming centralized shows a grim future ahead of us. Even if crypto can overthrow Banks I don't think we will be able to keep them decentralized, and that means that we will be just swapping from one capitalist model on to a crypto capitalist model which will be basically the same as before.
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Well, I'm not too sure that Bitcoin is the future or even if holding it is the right thing to do. I for a fact do know that the Blockchain is here to stay, but when it comes to bitcoin I have my doubts. There are already a bunch of options that solve all the main problems the bitcoin network has; besides, Banks still see it as a threat. I'm not too confident with the future, but only time will tell.
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I agree a recession is underway. Things are about to break, mainly because of the housing industry. People are not able to pay their rent and end up having their houses taken from them. A lot of People in the US are one step away from homelessness and this, one way or another, will have its toll on the country's economy. Once this happens the recession will spread out like wildfire on to other countries and there is nothing you can do about it. Historically this is accounted for as Kondratieff economic cycles, which can go from 7 on to 50 years, which is a capitalist set up to maintain the power with the rich.
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Bitcoin can buy anything you want, you just need to find the right person or someone who is willing to accept it. I have bought hash and weed with it and now I'm so sorry I spent it with that. It turned out to be the most expensive spliffs I bought. If I had that amount of BTC right now that would be very helpful. The problem with using bitcoin to buy things is that later you will probably regret having using it as it worths a lot more today. Before spending any bitcoin in buying shit just remember that one day later it will worth a lot more.
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Governments are a real threat to cryptos, but I don't think that a ban would happen. Some countries have declared cryptos as a national threat while others have embraced it. Japan for instance and Germany have already recognised bitcoin as a currency, so they will not probably turn against cryptos in the near future. The US and China, on the other hand, are a powder barrel waiting to explode, as the moment cryptos threaten national sovereignty there will be measures put in place, and this could be devastating to cryptos.
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It is always very difficult to detect a scam as scammers are getting bolder than ever! You should always be suspicious when the offer is too good to be true. Usually, when this happens this is a red alert that someone is trying to pull a scam. When paying in cryptos things can get a lot more complicated as you need to be sure that you are dealing with the real deal, otherwise your cryptos will be lost as you do not have any means of stopping a transaction after it is done. Before making any payments using cryptos you should do your investigation and be absolutely sure of what you are doing and who you are dealing with.
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Great Thanks. I was going over my head to get this info. cheers |
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Hi guys,
can any of you crypto gullies help me with this?
How can I find the timestamp for the first ever ZEC-BTC transaction on Kraken?
Tx
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How can we know if we have been accepted for this Sig campaign? |
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Hi there! Are you guys still accepting legendary members?
Cheers,
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Is it Graphene a good investment?
Studies in 2012 revealed, it is possible to separate graphene from the metallic board on which it is grown, whilst also being able to reuse the board for future applications theoretically an infinite number of times, therefore reducing the toxic waste previously created by this process. Furthermore, the quality of the graphene that was separated by using this method was sufficiently high enough to create molecular electronic devices successfully.
I believe this material will have great importance in a near future and is probably an excellent investment. Does anyone knows where can I Buy some Graphene based Company Stocks?
This is an old post, but this might help: http://news.mit.edu/topic/graphene  Thanks. I was actually trying to understand what were the possible investments in terms of companies dealing with this tech so that I could put my money on it. I actually see technology as a good investment and Graphene will surely be an important part of the future. Thanks anyway! |
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I think that we already have seen a lot of projects in this area (POT, CANN, PARAGON, BLAZECOIN, and the list goes on) and all of them promised more or less the same. Despite saying they will have their own blockchain, these guys are not presenting anything new unless they prove they have the industry full support on their side. Once they prove that I'll probably get in. |
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Can I still join the campaign?
Bitcointalk Name: Blawpaw
Rank: Legendary
Stake Name: anarkos
Wear signature & avatar: yes
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Great news... At least we will have a chance to check how much was stolen. Bringing the Exchange back up again means they are trying to do something right
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Well, to tell you the truth, I'm not worried or longing to see someone behind bars. I just want to know if I will ever see my coins again, and that reality seems to get more distant every day  |
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