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7521  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash vs Bitcoin SV on: February 23, 2019, 12:59:44 AM
I have never used any of those two coins for anything I sold my last Bitcoin cash a year ago, so I never got the BSV coin. There's a very little community around those coins, and most people in crypto don't like those coins.
 I see those coins as a step in bitcoins evolution, we need as many forks coins as possible to fork out of bitcoins, and then we need them to fail. Then fewer people will get scam when bitcoins gets to mass adoptions, because I think less people will fall for  scam fork coins with the bitcoin name, if all the other coins have failed.

Me neither. I've only used Bitcoin Cash (BCH) once, for doing a quick trade towards Bitcoin (BTC). In the process, transaction fees were extremely cheap and confirmation times were fast, but it was not comparable to Bitcoin in terms of security and resilience. Both Bitcoin Cash and Bitcoin SV, may have an advantage in terms of scalability relative to Bitcoin, but they will turn out to become extremely centralized within the future.

On the other hand, Bitcoin's scalability solution is separated from the main chain itself. This will allow Bitcoin to remain decentralized with a flexible block size (with Segwit it's up to 4MB), while being able to process micropayments in an instant. It has always been an original project delivering constant innovation relative to other cryptocurrencies on the market. Both BCH and BSV are simply forks or copies of the original Bitcoin blockchain that are not as innovative as other cryptocurrencies (except for BCH if it implements Avalanche consensus).

Nonetheless, Bitcoin might prevail in the long run, while the rest of the forks carrying the Bitcoin brand/name will die in the end. Just my opinion Smiley
7522  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano will destroy Ethereum! on: February 23, 2019, 12:47:25 AM
Lol even in 10 years this will not happen,yeah cardano(ADA)is one of he best and lgit crypto altcoin in investing on this is surely profitable in future but this is not enough to destroy ethereum

ETH has a good platform that make this a number 2 decentralized cryptocurrency second tl bitcoin and this has been used by almost all of ICO in this community

Completely agree with you, mate. Cardano is just starting to blossom, while Ethereum has been around the blockchain industry for quite some time now. You can't compare one from another because of this reason. Even if both projects have smart contracts functionality, only the one which has the most adoption within the mainstream world will prevail. So far, Ethereum fits the bill as a decentralized blockchain application platform that's widely adopted by businesses, companies, and individuals alike.

Considering how ETH has attracted the likes of ICOs, it's been widely popular as the world's second largest cryptocurrency by market cap. The level of development and innovation of Ethereum is quite comparable to Bitcoin's. On the other hand, Cardano doesn't even have a practical VM for smart contracts (but it's bound to change soon). Until today, Cardano has been delivering as promised in its roadmap, but at a much slower rate than Ethereum.

Nonetheless, Cardano will not destroy Ethereum but rather complement it within the future. Just my thoughts Grin
7523  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: February 23, 2019, 12:41:34 AM
You have a point but how do we get these large and influential stores, companies etc to adopt Bitcoin into their payment system. I think it is only through the relentless effort from crypto users towards effective awareness creation that will get these big stores to adopt Bitcoin. Users must start suggesting Bitcoin payment to these stores after making purchase from them and gradually, these stores will give it a second thought and adopt it since that is what customers want.

That's the point. Merchants and businesses will not adopt Bitcoin as a currency, until many of its issues are solved. First, Bitcoin needs to be stable in price to be used as a currency just like Fiat. Second, Bitcoin would need greater transaction capacity to prevent high fees and slow speeds. Third, there needs to be proper regulatory measures across the crypto market to prevent scams, hacks or theft. Once all of this is solved, then Bitcoin could be finally used as a currency among business, merchants, companies, and individuals alike.

It's important to keep this in mind, as people are looking for convenience nowadays rather than security or resilience. A faster and cheaper Bitcoin blockchain would be able to experience greater adoption (even if it sacrifices a little of its security and resilience) than a slow and expensive Bitcoin blockchain. Nonetheless, time will tell us whenever people will use Bitcoin as a currency or simply as an asset or store of value like it is right now. Just my opinion Smiley
7524  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ethereum will rise again. on: February 23, 2019, 12:36:23 AM
Return to the price of 200 so far doesn't promise us anything. Consolidation at 200 lived for two months. This is a strong level. To be sure of the beginning of an uptrend, it is desirable that the price consolidates above 200.

Exactly. Reaching $200 per coin tells us nothing, as ETH was valued at over $1,000 per coin within 2017. Of course, the market has been reacting positively within recent days, but the uptrend has been somewhat slow. Since slow, and steady wins the race, I believe that Ethereum will rise again in the not-so-distant future. It has all the potential to become a massive blockchain for the world, just like Bitcoin. The quality of development and innovation within the Ethereum is outstanding. Which means, that it'll be here to stay for quite a long time.

Nonetheless, Ethereum is still cheap at today's prices. If you manage to get in before everything starts to rise like skyrocket, you'll be able to make some decent profit in the uprising of the Ethereum blockchain. Just my thoughts Grin
7525  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON vs EOS on: February 23, 2019, 12:31:45 AM
I think for investment now both coins of course fit very well, but recently a lot of noise made tron , and I heard that he got into the list of the best coins to invest on this I will vote for him

TRON can be a good cryptocurrency if it delivers constant development and innovation. Since both TRON and EOS are nearly starting to blossom, there isn't a solid infrastructure for them yet. Comparing both cryptocurrencies, I'd say that EOS has more potential than TRON to develop into a solid smart contract platform for the masses. Still, I believe that it's too early to tell whenever EOS or TRON will prevail in the long run.

There will be people that will support TRON, whereas others will support EOS. I guess that it's only a matter of choice or preference whenever individuals want to use one blockchain from another. Despite this, it wouldn't hurt investing into both coins for the next bull market run. Just my opinion Smiley
7526  Alternate cryptocurrencies / Altcoin Discussion / Re: The cheapest Altcoin. on: February 22, 2019, 02:44:17 AM
When buying coins, one should not consider their price, but their prospect of growth. No matter how many pieces of coins you can buy, let it be at least one piece. The main thing is how many times a coin can grow from the price at which you bought it. It is because of this indicator you can earn.

That's important to keep in mind. No matter which altcoin you invest into, it's important to get the most out of it by selling at a higher price than the one you've originally bought from. Consider Dogecoin, which is one of the cheapest altcoins in the market, yet it's highly volatile giving you the opportunity to buy low and sell high. Of course, this doesn't always work (as one needs to be skillful at trading crypto). But when it does, it'll leave you with some decent profit.

Despite this, if the OP is deeply into the cheapest altcoin, then my suggestion is that he/she would sort the coins from low-to-high in terms of price within Coinmarketcap. It can easily be done by clicking the "Price" tab two times. So far, Bytecoin (BCN) seems to be the cheapest altcoin in the world (although highly undervalued).

Nonetheless, it's up to you to decide which cheap coin is the best for long term investment. If you're lucky, you could easily become a millionaire with prices above the $1 range. Smiley
7527  Bitcoin / Bitcoin Discussion / Re: Bitcoin could've been created by the US government...Coincidence? on: February 22, 2019, 02:28:57 AM
Also, regardless if bitcoin was created by the US government, does it really matter right now? Could've been made by Hitler or Bin Laden and it still wouldn't matter(besides the bad PR).

It doesn't matter, unless the government still has access to the early mined Bitcoins. The dormant coins on Satoshi's wallets could easily devaluate Bitcoin by a long shot, if by any chance the government decides to sell them off. Other than that, Bitcoin should do fine as it's an open source project that can be sustained by anyone nowadays. In case there's a threat to the BTC blockchain (like the government hitting the "kill" switch), once can easily choose an altcoin or create a fork of their own.

Things aside, the NSA article from 1996 greatly resembles the Bitcoin whitepaper in many ways. That's why I think that it could've been the US government, although there are still many things needed to prove this with certainty. I believe that the day will come when this mysterious "Satoshi" person or group will reveal himself/herself/themselves to put all this uncertainty to rest. While it's not that important to know who Satoshi was, many Bitcoiners (like me) are curious to know. Roll Eyes
7528  Bitcoin / Bitcoin Discussion / Re: Are we not abusing decentralization? on: February 22, 2019, 01:20:40 AM
Actually, we are not abusing decentralization, we are abusing the concept of it. For somethings, there is no need for decentralization.

Exactly. Decentralization is not an All-in-one solution for everything. Sometimes, centralization is needed to make things work as it should. I believe that the term "decentralized" has been greatly overhyped and abused, especially by startups and companies. This is true because, nearly every new cryptocurrency or blockchain project uses the "decentralized" concept to attract users to them. For example, Ripple claims that XRP is decentralized when in fact, it is not.

On the other side of things, we've been abusing decentralization by creating too many forks out of Bitcoin that are not necessary. Therefore, in some sort of way, we've been abusing decentralization for quite some time.


It is worth noting that it is not because of the anonymity and decentralization approach of bitcoin that we more likely to experience scam and robbery, we can get scam without using such service anytime. It is the primary responsibility of the virtual currency owner to protect his or her fund to the best of his or her ability.

It is also good to mention that as much as I like to believe that you are in good terms with bitcoin's decentralization approach, at the last part you like to put some level of regulation, which means you wanted to employ a trusted third-participation to IDK, to limit the possibility of scam? Again it is the primary responsibility of the owner to protect his or her fund.

Yes. You can't blame decentralization on something that's your responsibility. Being decentralized means being free. Because of this, there are many risks involved that one needs to have in mind. Of course, scams and hacks or theft are all over the place. However, following the right guidelines could make you nearly invulnerable to such caveats. Despite this, decentralization has been largely abused as scammers have taken the opportunity to affect other crypto users. Just my thoughts Grin
7529  Bitcoin / Bitcoin Discussion / Bitcoin could've been created by the US government...Coincidence? on: February 22, 2019, 01:12:10 AM
I have been researching about who could've created Bitcoin in the first place, and it came to my mind that the US government would've created the digital currency in the first place. The reason I say this, is because Bitcoin uses the NSA's cryptographic hashing algorithm known as SHA-256. Not to mention, Bitcoin creator Satoshi Nakamoto is nowhere to be found after a decade of the cryptocurrency's inception. This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

One coincidence is the Bitcoin logo/symbol which greatly resembles that of the US Dollar. Upon surfing the web, I've found an NSA article from 1996 which is very similar to Bitcoin's electronic cash vision in its whitepaper. The article speaks about Multiple Spending (which is Double-Spending on the BTC whitepaper), and other subjects about divisibility, etc. You can read all about it here: http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

If Bitcoin was truly created by the US government as an experiment, then it could be the doom of crypto and blockchain tech as we know it. The government could easily hit the "kill switch" if it owns "Satoshi's" private keys, resulting in a massive crash of Bitcoin and other crypto's price.

Here's another article related to the subject: https://www.ccn.com/4-reasons-to-believe-the-deep-state-or-the-nsa-created-bitcoin

This may sound crazy, but we shouldn't discard all the possibilities of who would've created Bitcoin in the first place. Nonetheless, what are your thoughts about this? Huh
7530  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: February 21, 2019, 01:58:29 AM
Agreed. Just after I saw the topic I thought exactly the same.
Honestly I'm a little surprised that newbie said that. Generally all newbies have very optimistic thoughts about bitcoin usage over the globe  Cheesy
Bitcoin's price should to jump so fast and deeply to people use it in daily life. Currently everyone concentrated on its trading in search of fast profit due to sharply unstable price.

Exactly. Most newbies talk positive about Bitcoin and other cryptocurrencies due to their lack of knowledge among the space. Of course, not all newbies are the same, but the majority only believes on Bitcoin as a speculative instrument or as a tool for making profit. The high volatility of Bitcoin makes it difficult to be used as a currency daily. Only with regulations across the crypto market, Bitcoin's price could be stabilized.

Also, fees need to stay as low as possible for transactions to be practical within the mainstream world. Transaction confirmation times is another thing to have into consideration when using Bitcoin as a currency. If we want to attract as many people as we'd like, we need to show them the benefits of Bitcoin relative to traditional Fiat currency. Most people are afraid because of scams and hacks, but proper education will allow them to use Bitcoin and other cryptocurrencies wisely.

With this, people would get to use Bitcoin as a currency. Otherwise, it will be considered as an asset and a speculative instrument that's only useful for making profit, instead of a real currency for the mainstream world. Just my opinion Smiley
7531  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ethereum will rise again. on: February 21, 2019, 01:04:41 AM
Ethereum is back to $123 now

Its price is climbing steadily over the past few day and volume is there
After constantinople fork, i believe price would at least jump a little bit because of the transition of POW to POS

Go go ethereum!

Well, cryptocurrencies have been on an upsurge in price lately. Their rate of growth is somewhat slow, but they've been progressing for the past days. Ethereum is now worth $147 and could easily hit $500 after the Constantinople fork. Of course, some factors could greatly impact Ethereum's price in the future. One of those factors is Bitcoin's price across the market which has an effect over other altcoins, while the other factor is how people react to Ethereum's new network design.

The transition from PoW to PoS, could either benefit Ethereum or destroy it altogether. Most PoS coins that I've known today, are not as valuable as PoW coins. Ethereum might be heading into the same direction as other PoS coins if the supply remains unlimited while basically no resources are spent on minting coins. Otherwise, Ethereum could be worth more than $1,000 within a few years from now.

Nonetheless, what matters is that Ethereum is here to stay. Even if it doesn't rise again, it'll have a community behind that will guide it every step of the way. Just my thoughts Grin
7532  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash vs Bitcoin SV on: February 21, 2019, 12:00:34 AM
my opinion about this controversy is "this is a bad thing" because with the split that happened then the bitcoin community and Bitcoin cash became divided and this would weaken the price of both because the community had a big impact on the price of coins
the bigger the community, the stronger the price and the smaller the community, the weaker the price

Yes. Ever since Bitcoin Cash emerged back in 2017, things have been very bad within the crypto space. Bitcoin has been affected in its price and reputation, as Bitcoin Cash and Bitcoin SV have done their part. By simply carrying the "Bitcoin" name, people will believe that Bitcoin Cash and Bitcoin SV are the real Bitcoin. Because of the "Bitcoin" brand/name, both Bitcoin forks have remained within the top market cap rankings. Other than that, they have no future as people will resort to the original Bitcoin blockchain that's stable, secure, and resilient.

Of course, there's a chance that both BCH and BSV will survive in the long term. Due to their distributed and open source nature, it's widely possible that they'll continue their lifecycle for many years to come. All that's needed is just a node and a miner for any blockchain network to remain operational.

Nonetheless, I believe that Bitcoin (BTC) will always be the winner, even if many criticize SegWit and Lightning Network. Just my thoughts Grin
7533  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON vs EOS on: February 20, 2019, 11:55:03 PM
In principle, both projects are developing in this market, have their own community and also have the potential for development and profit in the near future, so in my opinion, Tron and EOS can not serve as a bad tool as an investment. But EOS yet it seems to me some indicators of development slightly in the lead.

It's true that both cryptocurrencies have potential for growth in the future. Even if TRON is not as widely developed as EOS is, it could gain some attention from developers worldwide since it's an open source project. Anyone can largely contribute towards the improvement of the TRON project in order to make it a solid blockchain platform like EOS. But it seems that few devs are interested into TRON, relative to EOS and Ethereum.

Things aside, both EOS and TRON are very similar in the way consensus is handled. By using DPoS, they can achieve millions of TPS that's not widely possible in PoW blockchains like Bitcoin and Ethereum. Also, they have zero fees which is good for the crypto economy. While TRON is overhyped, it could be put up to good use if there's interest on it. Therefore, both TRON and EOS could survive alongside each other as they continue to build upon their existing blockchain infrastructure. Just my opinion Smiley
7534  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin collapse by a global government crackdown? on: February 20, 2019, 02:00:04 AM
Its almost impossible for government to shut down the internet. What government can do is only banning or prohibiting bitcoin transaction. But government must be want to take benefits from bitcoin by collecting taxes from bitcoin transaction or cryptocurrency market

That's certainly true, mate. Given how big Bitcoin and other cryptocurrencies have become, it's nearly impossible for any government to shut them down. Of course, governments will try their best into stopping the usage of Bitcoin worldwide. But the decentralized design of Bitcoin, will keep it going for many years to come. Nowadays, it's widely possible to support Bitcoin within alternative networks (like Tor and i2p). Even if such networks become compromised, there's always the possibility of running a private network.

Despite this, it's very unlikely that there would be a global government crackdown in the future (except when something drastic happens). Many governments have already been taxing Bitcoin and other cryptocurrencies. Which means, that they've seen these alternative medium of exchange very beneficial to them. Within a few years from now, it's hoped that Bitcoin and other cryptocurrencies become a legal form of payment worldwide. Just my thoughts Grin
7535  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto politcs bad for the Blockchain industry? on: February 20, 2019, 01:48:18 AM
The problem I see here is not the forks themselves, everyone can propose his own ideas and projects and let people decide, the problem is the way they promote their projects. They don't talk about the good they can do but, instead of that, they attack other projects or even bitcoin. If you are not into crypto and you look at this from outside you don't see smart people proposing ideas but an egomaniacs war where everyone spreads dirt in every direction. If you see this from outside you will turn back and run away.

Exactly. Unfortunately, that's been the case with many Bitcoin forks after the inception of Bitcoin Cash. It's all about greed, instead of helping Blockchain technology mature for the real world. What we've seen is several splinter factions out of the original Bitcoin blockchain, aiming to take BTC's place as the first-largest cryptocurrency in market cap. There hasn't been true innovation, but rather disagreements between separate factions.

Because of this, politics in crypto land does more harm than any good. Different Bitcoin forks will seek to disrupt each other, until they become useless and worthless within the mainstream world. Of course, it's good to have a variety of cryptocurrencies with their unique approach to scalability. But too much politics is what harms their adoption over the long term.

Nonetheless, if different cryptocurrencies would've been working together instead of fighting each other, things would've been much better within the Blockchain industry. Just my opinion Smiley
7536  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin Gold have a future? on: February 20, 2019, 01:42:57 AM
I think that Bitcoin Gold will continue its development in future. It will not disappear anywhere of course. But at the same time I know some other cryptocurrencies which are more interesting and contain greater potential in itself.

We'll see. As new cryptocurrencies emerge over time, older cryptos that cannot keep up with the competition will become abandoned by the people. Not every Bitcoin fork will succeed, except for those that are constantly active in development and innovation. So far, Bitcoin Gold was among the first cryptocurrencies to implement an ASIC-resistant version of Zcash's Equihash PoW algorithm. While I haven't heard much about BTG lately, it has potential for growth if its community and dev team support it every step of the way.

Considering how many Bitcoin forks there are on the market, it's hard to say if Bitcoin Gold will have a future. This could be greatly determined by watching transaction activity within any Bitcoin fork's blockchain. Until now, Bitcoin Cash has been the most active fork in terms of transactional activity, in contrast to Bitcoin Gold and several other forks. Which means, that the probability of BTG becoming widely adopted within the mainstream world in the future is very low.

Nonetheless, time will tell us all whenever Bitcoin Gold will truly have some hope or not. Just my thoughts Grin
7537  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano will destroy Ethereum! on: February 20, 2019, 01:37:45 AM
EOS is supposed to be the ethereum killer but that never happened because distribution is not good enough to spread it to a wide enough community. Cardano has a better model but their development is slow, we'll have to see what happens later this year on how the major releases go

That's certainly true, mate. No other Ethereum alternative has been able to gain widespread adoption and popularity as Ethereum. They may have better features, and lower costs than Ethereum, but they lack usage in the mainstream world. I believe that's so, because Ethereum has been the first cryptocurrency to bring smart contracts to the world. Of course, EOS and Cardano are new cryptocurrencies with just a few years of development. But even if they continue to improve over time, Ethereum will always be the leader.

Saying that Cardano will destroy Ethereum, is like saying that a "copy" will destroy the original project. Considering how Ethereum was the very first blockchain to implement and make use of smart contracts, it's the original project for decentralized applications. All other alternatives (whenever they've forked from ETH or they have code from scratch) are considered copies because they mimic Ethereum's smart contract functionalities. In no way, Cardano or any other smart contract platform will be able to overcome Ethereum in the future.

However, Cardano with its slow development, could grow into a full-fledged blockchain platform for dApps that's resilient, stable, and secure for the world. Only then, it could be comparable to the likes of Ethereum, as developers and individuals adopt it. So far, Cardano has been keeping up with its development roadmap which means that it has a bright future ahead of it.

Nonetheless, time will tell us whenever Cardano will truly survive among a competitive market or not. Just my opinion Smiley
7538  Alternate cryptocurrencies / Altcoin Discussion / Re: The cheapest Altcoin. on: February 20, 2019, 01:32:36 AM
Now I’ll think that all Altcoins are quite cheap, almost all have sunk to 80-90% of the peak cost, but I agree with many, you should first study the project, watch daily volumes, you can buy a completely empty coin.

There may be many cheap altcoins on the market today. However, not all the altcoins which are inexpensive are quite worth the investment. With the bear market that started last year, many altcoins have declined drastically in price. It's only a matter of time which altcoin proves to be the best in terms of development and innovation. There are many reasons why an altcoin is extremely cheap (which are not limited to the bear market). Such reasons could be lack of development, high supply, or even unawareness on the market.

By studying different altcoins that are cheap, you can determine which one is the best for long-term investments. A great indicator of an altcoin's activity is the trading volume across the market. There are plenty of cheap altcoins that are worth less than $0.01 but have good trading volume. If you’re deeply into the cheapest altcoin yet, with an extremely active community, then I suggest that you consider LiteDoge. It's an altcoin that aims to improve on Dogecoin with better features such as PoS and lower block times.

Because of its inexpensive nature, and PoS design, fees are ridiculously low and transaction speeds are blazing fast. It's quite impressive for an altcoin which is very low on market cap, with its inexpensive price. Nonetheless, it's best to always do our own research in order to choose an ideal altcoin that will last for years to come. Because, if we choose the wrong altcoin, then we could be left holding the bag as developers and the community abandons it. Just my thoughts Grin
7539  Economy / Services / Re: [Crypto-Games.net] ★ Signature Campaign ★ Hero - Legendary[FULL] ★ on: February 16, 2019, 08:24:18 PM
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Thanks all!

Payment received. Thank you DogecoinMachine and Crypto-games.net team! Wink
7540  Economy / Trading Discussion / Re: Best trading bot available? on: February 16, 2019, 12:30:57 AM
I didn't have any experience in trading using bots before, so I can't give you recommended trading bot because my lack of knowledge on the trading bot. My own purpose by write post here is to give you reference a new website (botcompare.top) that make a review about trading bot which includes how many indicators, strategies, and exchanges they use on their trading bot.

Maybe this site can be used for your reference to choose trading bot. And you can give some advice or request to the site by joining their discussion in these thread https://bitcointalk.org/index.php?topic=5108604.0


Note: I don't have any relationship with those site developer or staff.

Thank you very much for this mate. While I've already chosen GunBot as my trading bot of choice, it's good to have a site where you can find reviews and other indicators about the different trading bots available. AFAIK, all trading bots require a certain level of investment to be able to use them. If there was a trading bot that I could get for free, it would be even better. But even if there isn't, it's well worth paying the money to obtain a trading bot that supports many popular exchanges.

Personally, I prefer to use trading bots on decentralized exchanges than on centralized exchanges for many obvious reasons. But considering that centralized exchanges have more liquidity than decentralized ones, it's better off to use trading bots there. My coin of choice for automated trades so far is Dogecoin.

Nonetheless, I hope to make good profit by using the trading bots listed here. Cool
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