In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
I disagree. If the money is coming from fiat, then the sequence goes fiat -> bitcoin -> ICO. That sequence should increase the price of bitcoin against fiat. I think the real issue is that ICOs have been waning ever since the SEC cracked down on them. And because there are fewer ICOs bitcoin (and ether's) price has dropped relative to fiat. |
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I looked up Prl on coinmarketcap: https://coinmarketcap.com/currencies/oyster/#marketsIt's only on three exchanges and the volume traded is pitiful. I'd sell 90% of teh coins, keep a few just in case there is a pump. But unless these coins can increase their trading volume and get onto the larger exchanges, it's likely they will go no-where. Obviously do your own research - if there is evidence that they'll get listed on more exchanges, then hold on. |
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Yes, definitely I’ll buy it. I mean obviously I will anticipate first its potential, the idea, how it works and everything, but since it will be issued by government there will lot of advantages. The coin will remain stable since it is backed by government. There will be less pumps and dumps and more profits. So we would be able to invest in that coin more confidently without fearing much about uncertainties.
I want to assume you guys are missing the whole point here ? If you are for centralization and you prefer less volatility, then, why are you here in the first place and why are you not holding all your funds in your currency instead ? We are talking about centralized currency that is controlled, and obviously Central Bank will be making all the decisions, so why on earth would I want to invest in something that never worked out well in the past in the first place with all the manipulations and monopolies. Because value is relative. A centralised currency issued by say the Swiss is definitely something of value as it may hold it's own against other currencies and against bitcoin. (Since the start of the year the dollar has done well against bitcoin!) |
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We have to support John to become president he ill ban fiat money , and make cryptocurrendy's as it's stated in thier name currency's , cause right now no one is seeing as currency's we are in it for the money , and those that are outside the market see it as a high risk speculation.
He's a nutjob. He's doing more harm to cryptocurrency with his shilling for scams and pump-n-dumps than anyone else. |
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Ever since bitcoin price started dropping, most of the threads i see here are : is bitcoin dying?, will bitcoin go green again?, should i hold or sell? etc.
It's because they're a bunch of noobs who entered bitcoin in 2017 and have only known a massive bull run. The people who were around in 2013 and then stuck it out through a brutal 3 year bear market that saw bitcoin lose 90% of it's value before recovering and then surging, know that the current situation is pretty benign |
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The big dip was on 6th February. That is when you should buy. Those that bought doubled heir money in just two weeks time.
Spot on. I believe bitcoin dipped to $5960 on 6th Feb and then moved up quickly. There seems to be a huge amount of buy orders placed around the $6000 - $6200 mark, and they are supporting the price. |
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True. People treated Bitcoin Cash as some sort of dividend and the price rallied because of that. The same thing happened when Segwit2X was announced. People thought they would get free coins.
When Segwit2X got cancelled, it was a kind of reality check.
That's a very good point. There was a lot of buying of bitcoin, to get the various hard-fork coins. Now that is all over, people have liquidated. |
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I think this higher interest rate may have a negative effect on crypto (not much)
The crypto space is more or less disconnected from the traditional markets So it has nothing to gain(lose) from the change of interest rate. If there is a negative effect we will hardly see it. The FED changes are irrelevant when you such have high volatility in the crypto markets. Crypto isn't entirely disconnectd from traditional markets. Many people borrowed fiat to buy crypto, and the rising interest rates won't help them. Also - some people went into crypto simply because interest rates were so low they were searching for an alternate income. But once interest rates normalise, the money should flow back to traditional investments. |
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The global economy is nearly 80 trillion USD per year. Payments using any type of cryptocurrency as a medium of payment is a tiny fraction of this total.
What are some of the reasons preventing cryptocurrency from being more successful as a medium of payment?
Bitcoin ruined things last year by having high fees and delays in getting coins confirmed, and lots of retailers like Steam decided not to accept bitcoin any more. As for alts, they could in theory have stepped into the void, but none have a big enough community to make it worthwhile for any retailer to enable them (in other words, the communities for each coin are so small hardly any sales would be done in that coin). |
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💥💥The National Archives (TNA), the official record-keeper of the UK government, is investigating the use of blockchain for records sharing. The research project, dubbed Archangel, is being led by the University of Surrey and involves partners such as the Open Data Institute. Among other goals, the initiative will explore the extent to which blockchain can address pressing questions related to archive management. In a blog post published Tuesday, Alex Green, the Archives' digital preservation services manager, wrote: "How can we demonstrate that the record you see today is the same record that was entrusted to the archive 20 years previously?... How do we ensure that citizens continue to see archives as trusted custodians of the digital public record? To address these questions, Archangel is exploring how we can know that a digital record has been modified and whether the change was legitimate so that ultimately it can still be trusted as the authentic record." "Specifically, the project is investigating how blockchain might be used to achieve this," Green added. As one of the world's largest and oldest archives, The Archives is a leader in setting standards and best practices in the field. As such, the project aims to "deliver vertical impact to specific sectors within the Archives and Memory Institutions (AMIs) landscape, driven through end-user partner The National Archives." ARCHANGEL has a proposed timeframe of 18 months. It is set to prototype a distributed ledger technology (DLT) service that will "collect robust digital signatures derived from digitized physical, and born-digital content," according to Green. The research is funded by the Engineering and Physical Sciences Research Council, which invests more than £800 million a year in fields such as mathematics, materials science, and information technology. ~By Coindesk~ If this initiative works, they could put the land registry on the blockchain as well. |
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Two senators are pressing federal authorities to crack down on an online black market and "untraceable" digital currency known as Bitcoins after reports that they are used to buy illegal drugs anonymously.
That does not look good. Bitcoin went up from $50 to $8,000 (super-HYIP). Now world eyes are on Bitcoin. FBI had shut down 12dailypro HYIP which had collected $300 million. |
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You might want to add the following article from 2011 to your list of milestones: https://www.wired.com/2011/11/mf_bitcoin/It's got all sorts of early history in it: like Gavin Andreeson buying 10,000 bitcoins for $50 and then giving them away 50 btc at a time in the first bitcoin faucet. And people storing coins on an online wallet called MyBitcoin and losing tens of thousands of coins (now probably worth billions). |
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Of course, it is for risk traders. If you do not like risks, you should be content with 10% annual returns that your bank gives to you.
LOL. There isn't any bank that gives you 10% annual returns. More like 0.5% annual returns. Part of the reason crypto is so attractive is that you do at least have a chance of making decent money if you time things right. |
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Nice list. It's interesting that bitcoin is holding above the February correction level.
It suggests that there are a lot of buy orders positioned at around $6000-$6300, which is holding the price up.
It's also interesting to see that the positive comments from the SEC and the CFTC no longer move the price much. That suggests that Americans are no longer the big buyers and the price is controlled by Asia.
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The billionaire and pioneer of cyber security John McAfee is already well known in the world of blockchain for his thundering predictions, including the one saying Bitcoin has to $500 000 in the next three years, John added that he sees EOS stakes at $36 by the end of July.
When will people learn that McAfee is a shill who is being paid to promote stuff? Pretty much all his predictions are wrong as well. |
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In paragraph 40 of the criminal case it is said: “After observing the bitcoin ‘tip jar’ advertised by OxyMonsyter, agents conducted analysis of the incoming and outgoing transactions from that bitcoin address and learned that 15 out of 17 outgoing transactions from the OxyMonster tip jar went to multiple wallets controlled by French national Gal VALLERIUS on Localbitcoins.com Linking your address from darknet with transactions directly to an address on localbitcoins owned by a verified account with your real papers is beyond being lazy. Lots of people are lazy. Not just criminals either. How many times have people been told to use a different password on each exchange, but they still end up using the same one on everything and then get their funds swiped? |
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Are they submitted to CRS / AEOI or do they exchange information with tax authorities within countries of the EU in any other form? Doesn anyone know?
Tax in the EU is handled by the member states, and it would be a nightmare fir Bitstamp to report to 28 tax authorities. However what they will do is report large movements of money to the state they are located in, to comply with moneylaundering rules. |
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If Microsoft start adding restrictions to Github, all that will happen is an open source rival to Github will spring up and the world will carry on.
Given how much Microsoft paid for Github, they will be careful not to do anything to devalue their investment.
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hey guys, Bitcoin is moving really dangerously to 6000/62000 price level.
If we break this level most of mining farms have to stop mining or continue to produce at loss...
this would be a really nefarious scenario!!!
who thinks Bitcoin will break psychological 6k level? what could happen then? any opinion or analysis???
Not really. Some of the miners at the margins will give up. Then the hashrate will drop and it will be profitable for the existing miners as it will be easier to find coins. |
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