Now the Libra project will be very difficult to get support, because after Paypal has withdrawn its support for Libra, other partners are also following Paypal's steps. And this will be an obstacle for the Libra project to be able to develop in the future. Wait and see what happens for Libra.
There is already an exodus happening right now. Before it was only Paypal. Right now, there is also Visa, Mastercard, Ebay, etc. This is going to be a world harder for Facebook already. If it was hard for them before with the support of all these business giants, it would be harder now that they are almost left all alone in its endeavor. And besides, more governments are voicing their disapproval of the project. It seems they are left with no other choice but to call it quits. |
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The market might be in danger zone right now, but it is not enough to demoralize me even though majority of my investment has been cut off to almost the lowest, I am still not shaken by that, instead of panicking, what I just do is to invest more in all those coins that I believe will still have the chance to survive when the bull run of altcoins starts when the market totally comes out of the bear market.
Life is all full of risk, and that is why you see majority of people that are millionaires and billionaires today would tell you that they actually took lots of risk for them to have gotten to the position where they are right now and I think one of the risk that I know we can take that will be worth it is our investment in some coins now that they are in very low prices.
Bitcoin at $8,000 plus, Ethereum at $180 plus, and so on. This is no danger zone anymore. This is already a zone of opportunity. I would consider Bitcoin at $15,000 as a danger zone that when it is at its current price. When crypto is down, there is no other way but up. We will be seeing better prices very soon. We are already done with the bottom. When the prices are up, that is when we should brace ourselves for a fall. We cannot fall right now. |
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Scammers are part of the crypto problem but I don't know if they are the biggest. They are probably not the biggest. If the crypto community is already wise and informed enough, scammers will also be leaving. The biggest problem in cryptocurrency perhaps is the threat coming from hackers. Hackers are more brilliant and unknown than scammers. They can steal billions in crypto in a matter of minutes. They are harder to find than scammers also.
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Bitcoin indeed lose some popularity this past few months due to the dumped that happen, let's accept that fact that the reason why bitcoin got so recognized last year was due to its unbelievable price growth. But every time bitcoin price got dumped the popularity it got from the pump slowly fades.
The popularity of Bitcoin does not reflect on the prices alone. If there is a dump, there are more people selling. Or not even that, it may be that there are more Bitcoins sold than what was bought. A single person may be dumping 10 BTC while 9 other people are buying 1 BTC each. In this case, 9 are definitely higher than 1 but the 1 has dumped more than the total Bitcoins bought by the 9. That is it. That does not mean that there are more people leaving Bitcoin rather than people coming in and supporting Bitcoin. |
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That article may be far-fetched and ludicrous but that is sure a fun thing to read. Solely for fun's sake, of course. Nothing more. This correlation thing though is oftentimes taken too easily without establishing anything first. Aside from the fact that one does not cause the other, there really is no connection at all. Whatever movement Bitcoin takes, it has nothing do with any fruit. Only gravity and apples are connected.  |
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OpenLibraAll
OpenLibraAll is a fork of OpenLibra. OpenLibraAll's value will be pegged to the value of the OpenLibra token.
What is this? An announcement thread or some sort of an advance heads up? Or a scam maybe? There is not a single important information given in the OP except that it says OpenLibraAll is a fork of OpenLibra. And OpenLibra is a fork of Libra I suppose? There is now a lot of forking even if the Libra project itself has not yet launched, or may not even launch at all. Tell us more please. You look stupid this way, and funny, too. |
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When I clicked on the Facebook link you provided in the OP, it says it is not available as of the moment. There must be something wrong with its Facebook's page. I do not follow cointelegraph's news update through Facebook anyway. The twitter is still working pretty well. I am updating myself with crypto news through twitter. Cointelegraph is one of the news sites I am following for the latest updates.
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Yeah, they're closing the old one to create a new one. I thought the are closing, like halting all of their operations for good or something bad happen like bankruptcy or hacking. But they just announced that to introduce the new one. From Bittrex international to Bittrex Global. Seems they are trying to be on the level of top major exchanges out there. But I think they need to consider their users from their old platform. Do they have to perform KYC/AML procedure again? That will be hassle for them. It seems the news has come out earlier than the official announcement coming from the exchange itself. I have an account with Bittrex and I have not received a heads up email about this plan of theirs. There is not even a notification in their site about it. I think there is a leak of information and a few news site are sharing about it, publishing it even before the site can even open the plan to its users and the larger public. |
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Charlie Lee needs to develop more friends in the corporate world. You would think that would be easy for someone of his stature, with the big push on cryptocurrencies (like Libra, which probably isn't one). Then he could annouce Litecoin being used on such and such a platform.
Litecoin would not have reached it stature right now if Charlie Lee is amiss in his role as the founder and number one supporter of Litecoin. Although Litecoin has to earn more and more actual users and partners, I already admire it the way it is. Even if it is only considered a replica of Bitcoin at the start, it has earned the loyalty and support of a huge crypto community. It is constant in its development as well. As a matter of fact Litecoin is ahead of Bitcoin in one or two development. Litecoin has adopted lightning network first for example. |
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I have dealt with trading bots since Mintpal, Poloniex and Bittrex heydays. You cannot stop them and you actually don't know if the exchange is the one trading against you. It could always be one tricky whale trader.
But the thing is: Trends always show especially in the macro view.
Exchange site is having full control over the trading bots that already manipulated the market and even the traders are also using bots make it even worse. As a manual trader and i never try to take short term trade as my choice to trade. But one thing that we must remember if exchange site will always use both these days, you don't need to prove it because so many times people have already discovered. We cannot get away with bots. That is part and parcel of trading nowadays. Can you give a specific exchange site that does not have bots? There is none. And the bots are, as you have said, coming from both trading platform itself and traders. But bots are not as brilliant as manual traders. You can actually play with them. They do not have enough reason as they are set in a limited manner. Sometimes, it is very itchy on my part to fight against bots. But sometimes I just choose to set my order and leave it like that. But you can always race against them if you have the time. |
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I am not an expert in regards to law, however, I think once it has been proven and it is known who the culprit is and there is one who will press a charge against the culprit. I guess the law that exists in a country will apply. In our country, those who create investment scam through crypto are being caught by the police and consider the same as those who scam people in real life.
Those we consider scammers are not going to be held accountable and even caught if there are no people who fill file a legal complaint first. It has to be like that. The reason why scams are found everywhere is that there are no initiatives from the scammed themselves. If only there are legal actions done against the scammers, there will surely be hearings and trials happening. That is what happened to several projects in the past. Another problem would be jurisdiction. It is hard to press charges when the project is based in some places which are too far to file the complaint itself. Another would be the cost, legal cost is expensive. Not to mention the cost in going to the exact place to file the case. |
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SEC is a famous ransomware and just want a ransom.
I think Telegram will be able to pay off them, taking into account the amount collected on ICO.
A ransomware indeed. LOL. But you need to consider that the ransom price will also be commensurate to how much they are currently worth. And that worth will of course include the total amount they collected in the ICO, that was 1.7 Billion USD. There is going to be another easy money for SEC if Telegram will fall for it and pay. |
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LOL. The US is worse than china now. It seems the largest hindrance for the development and spread of cryptocurrency is the US government itself. It is totally understandable if a certain ICO or its distribution is stopped because an outstanding case or legal complaint is filed against it by an investor or by a partner or any aggrieved party for that matter. If there is none and the SEC will still proceed to stop it bringing such shallow excuses as unlawfully sold or didn’t provide investors with required disclosures, everybody knows it is pure desperate BS.
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Yeah, but just brace yourself in case it will fall. If it falls, do not sell it. SC is a solid coin. You just wait for it to recover and make some gains for you. It is already green right now at 25 sats. I just bought it at 17 sats last month. Siacoin (SC) is always part of my choice, a sort of sentimental coin for me, because it is one of the earliest coins that I bought, together with Stratis (Strat), Basic Attention Token (BAT), and Waves (Waves). |
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I believe many of us has lost the precious Bitcoin at some point. A lot of this loses could be traced back to wrong wallet addresses on the part of the sender (more reason you should double check the address before sending). At some point you mistakingly sent Bitcoin to an ERC-20 wallet or sent it to an incorrect wallet. Either ways, the coin becomes lost. In times like this thoughts like this set in, "why is there no provision for recovering lost Bitcoin? My answer to this might sound inconsiderate, but... It is a good thing you lost it, and it's a good thing it cannot be recovered. Maybe you will be more careful next time  When you consider something as valuable, you ought to treat it with great value and care, so before sending out your "valuable Bitcoin", if it's really important to you, ensure that you double check the address to avoid loss. If you have lost Bitcoin the first time due to the aforementioned wallet issue, then you ain't supposed to lose another one, as you must have learnt to be more careful now. The title confused me at first. But when I read the thread, I thought you are too selfish. Let us all be a little more considerate next time. Those people who had inputted the wrong address could be in a hurry, or were in emergency situations, or there was a virus that infiltrated the computer and inputted a different address instead, or perhaps something very important is bothering them so that they lost focus. What I mean to say is that how can we be happy if some people made errors and cannot recover what they have lost? They may be in need of it and now they have nothing. |
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I am really curious about this question. To be clear, if there would be an opportunity to sell your tokens and make x5 right here and right now in exchange for promise to never invest in crypto again. How many people are ready to sell their tokens/coins at the moment and never come back?
That is an absurd idea for me. For x5, I will leave crypto for good? In a year, you can possibly make x10 why should I take that offer? 500% growth is very low. But I can see some people here saying that is good enough offer. Well, they are the impatient crypto community members who want crypto to give them near instant riches. These are the people who cannot wait and leave the crypto growth organic. These weak hands better be joining pump and dump coins. |
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I took a quick look at coinmarketcap.com's exchange ranking to confirm your claim here. And I found out that p2pb2b has indeed high volume both reported and adjusted. It is also true that it is ahead of Binance in both volumes. But it is not true that it is the top 1. Neither is Binance the top 1. The top 1 in reported volume is Bitmex while the top 1 in adjusted volume is BitForex. I suspect that the volume is bloated. So a portion of it is fake. |
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Not necessarily China itself, but just Alipay maybe?
The crack down is understandably so because Bitcoin and cryptocurrencies are a direct competitor of payment services such as Alipay. They are threatened by crypto because they know the potential crypto has to undermine their service. They can't stop progress tho, eventually crypto may put them out of business.
Alipay is China just as China is Alipay. They are almost equal. Any business, especially the billion-worth company in China is also China. Because the authoritarian country does not allow businesses to grow if they do not represent their ideas and vision, and if they do not follow what the country wants. We cannot see this decision as a free decision of the company. There is always a hand of China seen all over this decision. |
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Not that surprising, is it? Alibaba has government officials in its board and I'm pretty sure that there are perks they enjoy as result of that. It's basically an extension of the Chinese government so they will obviously follow suit.
China will do everything it can to crack down on any possible route allowing people to access the crypto ecosystem. I expect more to come with how people in China still can easily access the crypto ecosystem.
Not only does Alibaba has government officials in its board, Jack Ma, its main founder, and who used to be the chairman of the company until he stepped down just this September is a member of the Communist Party himself. He has been a loyal member of the ruling party of China since the 1980s. He will gladly dance if the party wants him to dance. He will sleep if the party wants him to sleep. It is really no wonder why Alibaba is so obedient to the chinese government. |
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Kind of tired reading about China. I've just responded to another thread in Bitcoin discussion talking about The One Thing That Could Stop Bitcoin and the content is again about China. Quite frankly, who cares about alipay, and alibaba, and Jack Ma? They are one and the same and they represent poor-quality. Let them seclude themselves from crypto if they wish to. They are not main actors, after all. Who needs billions of independent, smart and knowledgable citizens rather then obedient workers?
Yep, that's China--and the US is only a little different in that respect; we just have a different economic and political model. On the other hand, the US hasn't regulated bitcoin to nearly the extent that China has, and it's sad to see it happening over there. Didn't China also crack down on mining as well as banning China-based exchanges? I can't remember if I read that or not, as I don't follow mining news too closely. All of this sucks for the Chinese, because crypto is huge for them and my guess is that they see it as a big middle finger aimed squarely at the Chinese government's face. After all, crypto can be regulated, exchanges can be shut down and mining operations dismantled by law, but there's nothing the government can do to eliminate bitcoin and the rest of the cryptocurrencies. I'm hoping this doesn't become a worldwide trend. China may have its own thing going on (always has), but you can bet other countries are following what's going on as far as crypto goes. Yeah, they used to ban crypto mining as well as ICOs and crytocurrency exchanges. But after a while, they came back friendly to crypto. They are like opportunist dickriders looking for the best seat to have the largest slice of the pie. |
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