Have any update about 3rd week spreadsheet?
There is a possibility that it may be delayed, due to people just receiving their week 2 payments around this time. Just a guess though, I'm not entirely sure, so in order to be sure, you should check this thread every day for any possible updates. |
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"Even in its early stages, blockchain is acquiring such renown for potential that any business associating itself with the term can attract new investment overnight, prompting some to use "the B word" so casually that they've also attracted attention from regulators." https://www.cnbc.com/2018/04/02/blockchain-has-grabbed-the-attention-of-investors.htmlI think it's really great to see so many people seeing blockchain in a positive light and wanting to invest in them. Blockchain is truly the future I think. Thoughts? Agreed, blockchain really is a glimpse into the future. One day a Bitcoin replacement will be created, fixing all of the problems the current platform faces and many more. It might be better than Bitcoin and Ethereum combined. More and more projects are emerging with some pretty innovated ideas. The community is really thriving, with new people constantly joining. It will take time, but eventually a clear and concise guidance will be issued for navigation though laws and regulations regarding cryptocurrency. |
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i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
Crypto may be seen as dangerous because of what it represents, as well as how it was conceived. Bitcoin was originally created to be a proof of concept for the introduction of the blockchain, the real innovation behind Bitcoin. Bitcoins platform utilized proof of work protocol for a decentralized peer to peer payment system functioning upon the blockchain, a cryptographic transparent public ledger. It was conceived to be an alternative system that challenged the current financial system in place. That fact that it is decentralized and it's code is available open sourced, makes it dangerous because this technology can be freely duplicated. This challenge to authority makes it seem like a tool of anarchy and rebellion. Maybe now you can visualize why a country's government would want to ban it? |
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A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.
Would you dare to do the same? Sell all your FIAT for CRYPTO?
Is this really possible? Can one really live off of crypto alone, never again to use fiat? If not, it may be a good idea to hold onto your fiat currency, because even though this idea may be feasible, it really doesn't seem beneficial at the moment. Isn't it fiat that helps give crypto its initial value? I mean if not for fiat, what would you trade your coins against? Best of luck to anyone who dares to go rogue with there wallets like that. It is a really bold move for those that do, not to mention is sounds a bit dangerous if you ask me, but to each his/her own! It's too much of a risk for me to do. |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
Sounds like something straight out of a science fiction novel brother! When I was a kid, I thought everything within society would resemble that of the "Jetsons" cartoon. I had no idea money would eventual become virtual. I guess if we can imagine something, then we can no doubt, build it, no? I wonder what kind of world my future grandchildren will grow up in? |
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Wow, what an excellent thread and a spot on article. Where would the human race be as of today without use and means of money? Does money really build nations from the ground up? It appears that we are in the age of digital dynamics. Everything is becoming virtualized, even our good old money. Blockchain will pave the way, more innovation will come soon! |
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
The banks are here to stay, in my opinion, I think Bitcoin needs the banks to survive right now. Without the help from the banks, Bitcoin falls flat on its face in it's current state. People need to be able to trade their crypto into fiat, because most of their life depends on using it fiat to buy groceries, pay rent or mortgage, buy gas, pay bills and utilities, etc. |
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Coindesk is a popular news site, that just recently posted an article on Omisego and had a scam airdrop link. Lots of people are upset over this as they should be, including Vitalik and Omisego who are boycotting this year coindesk consensus meeting. Another issue is that in response to this, Peter Rizzo who is the Editor in Cheif has been quite unprofessional about this.
What are your thoughts?
Despite whatever the current situation may be, Coindesk is the go to premier site when it comes to regulatory news regarding the crypto space. Now is the time to pay attention to the law and policy makers, because it is they who will decide the fate of crypto. Crypto and fiat must make a seamless transition forming a unity or crypto may fail. Not all regulation is bad, some is good because it protects investors. |
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The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
The reason for the big price crash was because the regulators clamping down on ICO's and China issuing statements against certain uses for crypto in its country. It's not just China issuing laws, the U.S is also heavily handed in its regulatory crackdown on Crypto related projects, some but not all including ICO's and other similar investing platforms. The regulations are happening right now as we speak. This is the year of regulation, so expect guidance in the near future. The price will certainly stabilize if regulators push in favor of crypto, but if they push against it, potentially more decline on the way. |
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Temporary dips are very common in bull runs, that's the way the market works. After a big run there is always a small correction, and after that comes the next run. Don't be afraid and hodl your coins.
Interesting advice, you have a point. If one just takes the time to consider the factors surrounding the price fluctuations in the market, one would know when to buy/sell and when not to. The market looks to he slowly recouping from its mid lows. I doubt we see a huge spike anytime soon, but then again, who knows when it comes to crypto? |
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Dear all,
Sorry for any inconvenience for this topic,
I’ve ever joined some bounty campaigns and get some tokens. Bellow are my thinking:
There are some projects attract so much participants, although that means the project is very interesting but it has limited bonus. Result, bonus that each participant receivers from the campaign very small. A lot of participants in one campaign has made so many spams on social networking….
So a question here: Should we limit members in one campaign?
(maybe depend on the bonus value of that campaign)
What are your thinking?
Please share…
Limiting members is a choice entirely up to the campaign manager. Whoever runs the campaign is the one responsible for the number of applicants that may participate within a bounty campaign. While you raise an excellent point, there is not much a bounty hunter can do but either except admission to the campaign or to look elsewhere for bounties. One way to gather more rewards would be to take upon more tasks within the campaign. Most campaigns leave a portion of the bounty to creative participants who come up with unique ideas promoting the campaign, whatever that may be. |
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is it more rewarding to be a bounty hunter or airdrop is enough? i start as a airdroper and now i want to be a bounty hunter. any suggestion?
A bounty could potentially be more rewarding than an airdrop. An good airdrop is rare today. One airdrop which was quite successful was the deep onion airdrop. From the very beginning, people were calling it a scam. It turned out be a success, with a huge active community. Many other airdrop projects were also successful. |
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Here is an idea for regulation work groups if anyone is listening. I am sick and tired of manipulators bringing losses to so many.
This is one of the many reasons why regulators across the globe are cracking down upon crypto. The market is heavily unregulated and many are targeted by scammers. This year has been a busy one, most importantly for those looking for clear guidance on regulatory matters. A lot of new investors were caught up in the crypto frenzy when the price mooned above $10,0000 for the first time, those people then sold after the crash, deflating the prices on the market. |
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Hi friends. I believe that the most promising project of the cryptocurrency market is Ethereum. Only around him I see a lot of work and constant news, for example here today - V. Buterin presents a solution for scaling the Plasma system for Ethereum.
And I plan to completely switch to this cryptocurrency. Maybe I'm wrong.
What say...
The future of Ethereum could be grim. Their is talk of the SEC possibly classifying Ether and Ripple as securities. Here is a link to the article... https://www.google.com/amp/s/www.coindesk.com/fear-hodling-mit-blockchain-experts-weigh-impact-sec-crackdown/amp/I don't know for sure, so forgive me if I'm misinformed. The prices on the market could be affected by the decision, whatever it may be. |
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Of course, if a government is able to regulate cryptocurrency, then I almost certain that they would be able to issue their own crypto coins. The reason why they haven't is because the government is usually the last to upgrade to the most modern experimental technology. I mean, most of the tech they use services the their needs efficiently.
If it isn't broke, don't fix it. Don't be completely surprised if governments around the world do start issuing their own version of Bitcoincoin, or at least start utilizing blockchain styles interfaces for their ledgers.
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for the moment the Bank is still standing upright, then how is the continuation of the bank if Crypto already stand alone and in the public know so that in use fully and all countries wear it. is there going to be a temporary panic in the financial world? .... and all the banks in every country collapse is that what will happen hopefully there is no market panic
Crypto was not designed to, nor intended to stand on it's own. Cryptocurrency was designed to be a decentralized alternative financial system, utilizing and showcasing the technology of the blockchain. Bitcoin was purposely limited to 21,000,000 in order to give it artificial rarity, so it could develop a real and tangible value. By having value, you can then trade it against other forms of value, like goods, services and fiat. |
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Ok so I've seen this question get asked a huge amount of times around the internet including this forum and Reddit. So let's have a look at the reasons why you shouldn't invest in a Alt coin/ICO.
1. Paid bumping:
We've all seen it right? Paid bumping is current rife over at the announcement sub forums. You'll typically find newbie accounts giving overwhelmingly positive compliments to the project or you'll find higher ranked members engaging in positive discussion about the ICO.
I'm not saying that all positive discussion is paid bumping but that's why I'll list some examples of paid bumping:
- "Great project"
- "To the moon"
- "Buy buy buy"
"This project is a good investment"
- Asking a question which is already in the OP or been asked before
- Best of luck team
Or some variation of the above. When looking at a project look at all the replies or at least skim over them. This will give you a good idea of whether new comments are copying and pasting previous replies and how many users are posting the same garbage over and over. THIS IS PAID BUMPING.
You might say that this is a good technique to get your ICO advertised and stay relevant and is good for prices. Well there's better ways to do this for example through signature space or buying forum ad space. If the developers or project manager of an ICO isn't prepared to advertise without breaking the rules of the forum it's got it's main thread on then this project isn't going to last. They aren't prepared to do things professionally and advertise like all the other legitimate ICO out there.
2. No Whitepaper or Road map
If a project doesn't outline it's goals and what their project is about then they haven't put much effort into it and it's likely a scam or a quick money maker for the developers. A good quality whitepaper should include: It's goal, the team behind it, it's features and a road map to outline it's vision.
3 Premine
If a project has been premined it's normally a sign of the developers wanting to make a quick buck by getting a high price and then quickly dumping all of their coins. This isn't always the case but the majority of the times it is.
4. Do the developers/project manager engage with the it's community?
If the developers aren't actively answering questions about their business or helping those who have worthy questions then it's likely that they don't care about the project. Any professional company will engage with it's customers/consumers professionally and within due time. Take a look at developers post history to determine this.
5. Is the project unique or just a carbon copy of another?
If the project is unique or filling a niche then it's much more likely to have success over it's competitors. Every project should have included it's features in it's whitepaper. Research these features in depth. If they aren't offering something new to the market over their competitors then it will likely fail. A lot of coins are now being released which are word for word the exact same code of other projects. The only thing that is different is that they have changed the name and maybe the total supply etc.
6. Research the team
I can't emphasize this enough. You are ultimately investing in these people and the majority of the time these team members which are dressed up and look professional in their whitepapers don't have any experienced and are simply coders. If you can't find any information on any of the team members then they are likely here to make a quick buck or the project will fail because of their lack of experience. The best team members are the ones who have already been involved in some capacity with cryptocurrencies and a good whitepaper will list sources of their teams achievements.
You raised some excellent points, all being the central key factors to consider when evaluating a potential investment. I have realized that is is not up to the forum moderators to weed out every potential scam, being they're too numerous to keep up with. It is up to us, as a community to communicate with each other to provide the guidance from potential pitfalls we all face, from scams, and dishonest campaigns. |
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All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.
Yes, in my opinion, I would have to agree, it's looking like seed soeing time, because it could be a good harvest this year. The market is recuperating from the massive sell off from a few months back. Will the market see $20,000 again anytime soon? The more news we receive regularly laws, and regulations, the more sturdy the incline becomes for the prices, at least for now. Crypto was always poised to receive regulation at some point. I'm beginning to like a little of what I'm seeing. |
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More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?
In order to find a good altcoin, you have to practice your due diligence. You should take the time and research properly and thoroughly every potential prospect you have. The choice of choosing a good altcoin will be entirely subjective, depending upon each person's tastes and financial acquisitions. What is good for the goose, isn't necessarily good for the gander! In order to help you make the best decision that you can make, according to your own tastes and acquisition, you must take the time and evaluate your stance on investing, your budget as well. What is your goal for investment, is it for long term, or short term gains, etc. |
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Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
The people aren't entirely wrong, don't be so quick to count the local people out. You, like most of us here, see Bitcoin as an investment, but less we forget, investment involves taking a chance. So in a way, it's a gamble. Many people are luddites by nature, unaware of the potential of technology, especially modern technology. Some people will never except the advancement of the new age, but our focus is on those who will. It takes time for people to get used to the idea of new technology. Think about the industrial revolution for a second, the fear of being replaced by an automaton is still in the air. Just give people their space, give them their time. They may come around! |
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