$7700 is actually a good buy already in my books, if one is going to prepare for the upcoming halving in 2020. Usually, it is a few weeks after the said event where prices are rising, and there’s still some room for buying out some while you have the chance before the actual profit taking. The previous years have done the same thingg, and I won’t expect anything different from this year’s reward halving.
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Over a week na at wala pa ring naipo-post na magandang statistics si Bakkt. Personally I felt na overhyped to dire results ang nangyari sa kanila. Though hindi pa naman talaga eto ang end ng platform pero medyo disappointing lang talaga yung results. A lot of people actually expected a short bull run, pero ang nangyari ay kabaliktaran, o talagang nataon lang talaga yung correction due to the upcoming halving in 2020. Consolidation phase na naman, make the most out of it mga kabayan!
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People would be free to come in to the cryptocurrency scene should they feel like it, although I still believe that most of them would cling on to their dear properties and stocks because they still believe that it's the best way going forward short-term. Gold is still a best bet for today even though some people feel like it will go down south, but I doubt it. For the last 10 years, gold has been doing a good for the last 40 years and I still believe it has the capacity to withstand all these economic fiasco that is happening worldwide. Some people are already liking the idea of hedging and profiting from bitcoin, and are already doing the transitions but for a large-scale movement? I don't think we're on that level yet.
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I don't think a lot of things that are related to BTC's price are able to be predicted, or done on purpose.
You can say that in today's times, no such thing as market manipulation exists purposely because no one can really tell if a movement is done manipulatively or not. Note that there are now governing bodies regulating the scene against such actions that traders who were doing just this are now extra careful in their actions, but that doesn't mean they halted with their activities whatsoever. No one can really foresee or predict fluctuations like these ones - it's just really random and it's the nature of crypto.
I beg to differ. There are some rare occasions when a prediction comes correct especially on situations where there is an expected event happening. Though I agree that volatility and price fluctuation is a common occurrence, one can still be able to guess what's going to happen with the right mix of information and a good eye for details.
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Yung mga posts ko 4 years ago, ngayon lang siya nadedelete actually. Kadalasan, hindi directly nadedelete ang mga posts mo dito sa forum, yung mismong topic ang nadedelete due to repetitive thought at content. Kung wala talaga sa ayos ang post mo at wala rin talagang substance, one-liner na walang thought, expect that it'll get deleted in 1-3 hours, minsan mas mabilis pa pag online yung mga global mod. I won't expect a time-frame for deletion kung maayos naman at may sense ang comment, at kung sa palagay mo eh maganda naman ang pinost mo, you're good to go.
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There really are no other alternatives for an exchange IMO, as Binance is the only thing you can get for your area, and it's a bummer they are shutting their doors for you. Knowing how the Iran-US trade relations have worsened over time, some countries are following suit and adding Iran on their ban list in the mean time, which means most access to the outside world/services are prohibited not unless you get out of your country and do things somewhere else. Bittrex might be worth a shot, but don't put your hopes up on this one, as I believe they have stricter KYC process than Binance.
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The insurer is, at most at risk here, given the vulnerabilities of some systems and the lack of sense of security some individuals have. For sure this will be a hit to the insured knowing that their assets would be covered should there be some unforeseen circumstances happening to it, but the insurer would definitely be one-step ahead and be excluding things like theft and hacks on the list of the things they can consider to apply for a claim. If the insurer does such a thing, I don't think a lot of people would be applying to it, though it's the best thing they can do in order to not get bankrupt within the first year of operation knowing how rampant hacks and theft is in this scene.
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It would be good if the bounties/rewards would at least be escrowed to a trusted entity before these guys go around and ask a multitude of people do repetitive tasks all over the interwebs and share the brand. It's the only solution possible to avoid getting gamed upon by these greedy dev teams that have been pestering the ICO/IEO/whatever token scene for years now. What's painful is that by the end of the campaign, the devs would get the lion's share while the bounty hunters would get scraps and leftovers which, IMO, isn't really fair at all.
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I've created an account over there just to see what's happening and not really intending to make the maximum posts, but the common formula on the forum is someone would be re-posting articles from a year or two ago and people would build up their discussion from there, at which point it will get reported and the topic would be deleted. There are some lucky, plagiarized content that passes the hammer, though, and if CryptoTalk want to get their forum the organic and original content it needs, and of course some regulars on the forum, they might want to step-up their game.
Trust me, after it's all said and done by November, traffic at the site would diminish.
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Update lang: bumili ako ng lightning cable dun sa mismong store na pinicturan ko, at surprisingly tumanggap nga siya ng bitcoin payment at hindi lamang facade ang tarpaulin na iyan. 250 pesos yung cord, nagbayad ako ng 0.0005 + the fee sa blockchain para lang maexperience yung legitimate feeling na bibili ka sa brick-and-mortar store. The dude was so nice to chat with me regarding bitcoin, at sana raw eh dumami yung magbayad through that method kasi para na rin daw sa kanya.
Give him a go. Top lad, answers all the questions promptly regarding sa products niya.
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An obviously centralized cryptocurrency(?) being added into BitPay, IMO, is not going to post well in terms of statistics. Besides, who else here is holding XRP nowadays? Only big names do that currently, not the common folk who are into ETH and BTC only. But Ripple, seriously? That makes me wonder if they'll be actively liquidating on exchanges.
A win for Ripple Labs at the end of the day. Doesn't matter who sells what on which exchange as long as they (Ripple Labs) get rid of the premined coins they created to sell. -- As for Ver's involvement in BitPay, I think he's okay with all these developments happening in the service, for as long as his BCH stays on that platform, all is good in the hood.
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At this point, Tether being minted at a speedy rate indicates growth and demand, while to some, it's a useless correlation until they see huge price swings on the green side. While the latter statement may be true to some extent, I still believe that Tether being printed that fast is a good thing, since this is mainly used for transfer of value in-between exchanges. And why would one transfer USDT from one exchange to another? To capitalize on spot market prices on several platforms, and that tells you that people are interested to buy.
While I still can't forget the issue about USDT being un-backed by real USD reserves, one can't deny the fact that it has helped bitcoin move to certain directions that most of us enjoyed.
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IMO, the 4th industrial revolution already began upon the widespread use of the internet, sans the idea of blockchain and other newly-found ideas of today. Today's society is characterized by past-faced movements of people, data and money, and the internet satisfies and arranges just that. With blockchain, I think it only facilitates one aspect of the revolution and that is sorting and managing data effectively and securely, a much needed component if we are to digitize everything we know. Also, the blockchain still needs the aid of the internet, and cannot stand alone without the core concept of being connected to any other computer/network in order to build up the integrity of the blocks of data it will be storing.
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We have been through a rough ride but what's next for bitcoin ? It has survived some brutal sanctions which were implemented by regulators but still manages to flourish (sustain), but don't you think bitcoin can earn more reputation by doing something good for the community like donating for environment cause, could pledge to help Amazon rainforest to recover from the recent disaster which will create more bitcoin sympathizers. Don't you think bitcoin community needs to focus on world affair so that we can be a part of mainstream and recognized by people ?
This would never happen. Bitcoin is more of a trading asset/currency rather than a humanitarian tool to help better the world. I mean, wealthy individuals can still donate to these causes using bitcoin, but ultimately it will end up being exchanged to fiat (and cause a small dump, should OTC trading didn't take place) in order to buy things that are needed to rebuild and repair whatever that needs repairing. It's a good thought of donating to something that's actually gonna help everyone in this world, but we all know that charities would rather receive donations in kind or in cash as they would be needing a lot of liquidity to get faster resources and supplies.
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This will just benefit internet-dependent websites such as streaming services and whatnot, and not necessarily cryptocurrencies in general. Even in 3G/HSPA+ connections, cryptocurrencies still are doing quite well in basic functions of the said tech. Sending and receiving need not high speed access to the internet, just to be able to send and receive bytes of data is enough. If anything, 5G will be more useful in commerce, logistics and other aspects where high-speed file and information sharing is required constantly, and crypto does not really need that, currently.
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There are a lot of bluffers in live poker that makes it more interesting to play it rather than playing against random people whom you don't see in real time. Also, there are tons more rules applicable to live poker than online ones that makes it even harder to cheat and harder to win. I happen to come across Macau sometime last year and watch some people smiling their menacingly even though his hand is not really that good, only to win the round because the other players are dumb enough to think that this particular guy got the good fill of the cards.
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Bangladesh Bank may have declared cryptocurrencies to be illegal several times already but I still know a few people from there that do trade with bitcoins and fiat regularly. Having said that, the repercussions may not be that severe or that the ruling is not imposed heavily. Anyway, here's a good read on the current situation of bitcoin in Bangladesh although this appears to be an article from 2018. Not much has changed since then, still. https://www.thedailystar.net/law-our-rights/law-analysis/bitcoin-legality-in-bangladesh-bank-1602583A quote from that same article: The Foreign Exchange Regulation Act and Money Laundering Prevention Act contain provisions for punishment and criminal liability, for trading, importing, and exporting currencies without authorisation of the Bangladesh or if not performed through an authorised dealer, and for illegally laundering proceeds of crime or foreign currency. The definition of currency is given in section 2(b) of the Foreign Exchange Regulation Act, which includes:
(i) all coins, currency notes, bank notes, postal notes, money orders, cheques, drafts, traveler's cheques, letters of credit, bills of exchange and promissory notes; and
(ii) such other similar physical or non-physical instruments, or both as may be notified by the Bangladesh Bank from time to time;” This may just mean that there is a slim chance of BB accepting cryptocurrencies and bitcoin in the future due to the inclusions of the Act fitting the definition of bitcoin and other crypto quite nicely. In the mean time, I would rather not get my hopes up and pray for the tides to turn, but there is always a ray of hope for our Bangladeshi brothers and sisters.
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I don't think I agree with you on this. The basic reasons behind why bitcoin is more valuable than other cryptocurrencies are; 1. Bitcoin introduced blockchain technology which led to the introduction of other cryptocurrencies. 2. Bitcoin is the father and king of all cryptocurrencies. 3. Bitcoin introduced financial freedom to everybody no matter your social status.
Might I add that not every specs in the specsheet are necessarily used by the vast majority of people going about looking their cryptocurrencies. For one, nobody really cares about the fancy mechanism and lavishing technical aspects of a cryptocurrency as long as they can be safe with it and their funds are not easily taken away from them. Also, it is not unknown for everyone that cryptocurrencies are being used mainly for trading and trading alone, nothing more (or I could be wrong here). Bitcoin fulfills the basic necessities of people choosing cryptocurrencies over fiat money, and its simplicity never ceases to catch the interest of the masses. And also the value it created in the course of a decade, too.
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Susceptibility towards political control IMO is the biggest vulnerability of bitcoin currently. We may have seemed to get past the horrors of malleability, 51% attacks and other technical complications that could arise in bitcoin that the last thing to ever cause it some problems in the future is the people who runs the show, or the people who have large control over other people in this decentralized network of computers hashing to mint money. Accept it or not, there will be assholes and greedy scums who will walk the scene with their ever-so-malicious intent of just making money and nothing else for the good and development of crypto, and to me they are the worst enemy of bitcoin, and not the technicality per se.
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They simply can't. One does not simply ban the use of a decentralized currency expecting that it won't get used anywhere, especially in their own domestic soil, for furthering their own agenda in their own fiat money. We may have seen governments go hard against traders/dealers for the past two years, especially the disappearance of local tellers in LocalBitcoins that used to be one good hub for P2P transactions but we know that they still exist, albeit in the realms within sight and reach of the governments. They can press the situation harder to make people avoid the use of bitcoin and discourage bitcoin-cash and vice-versa txs but it will still flourish, much like underground economies still teeming with life in most countries (the black markets, if you would.)
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