From my point of view, scam projects have taken away the glory of genuine projects.
Due to too many scams around crypto space, investors are not confident on investing in new projects. It's Becoming very difficult day by day to find out the legitimacy of the projects.
This in turn affecting the projects and result of this is not raising the funds as expected and required for further development of projects. This is daviating projects from their roadmap which is resulting in too much delay or even failure.
Missing interest in investors is somehow obstacle to growth and further research of dApps projects.
I think, rugulations will solve the topic to great extent, but is there any other way to stop the scamming and not just going away from it?
Please apply your thoughts.
I don't think that is true because there are so many scam projects but still the community is alive maybe the project and the team is banned but there are no big effect on the community maybe the members of the investors are the one who are infected by the scam project and that is the thing that we should consider in investing, we should analyze better and check if the project is legit. You are the one who is responsible for your money so you should study the whitepaper of the project you want to invest in. It is very important because your own money is involved here. Being alive of the community doesnt mean that it does not the whole community at all, it has an effect since every individual in the community was feeling down after they got scammed in a project, not affected financially but being affected emotionally, they are hoping for the seed of their hardwork. Happily speaking, every individual in the community learned how to moved on quickly, they dont think about what happened in the past, they think of what will gonna in the future. |
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A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
80% coins, tokens and ICO its SCAM. If you want to buy. For start, study in detail all coin information and search detail information about coin developers. even 95% of ICO projects are scams. Take a look at projects in 2019, none are really successful. Prices fall many times after listed exchange Creating a coin is as easy as counting 1 2 3, that's why they can create a project just by having a platform and then they run it as they focus only on making money. percentage of scam projects are still counting, most of the crypto including those crypto that is not yet to circulate in the market are created to make money not to make a progress nor to become successful in the future. |
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No way, china can never accept bitcoin in a form of currency rather a digital store of value.
China banned bitcoin in early 2017 and also banned bitcoin mining in the country in mid-2018.
Perhaps, China could create its own cryptocurrency which is going to be controlled by the Chinese Government.
Chinese loves to create their own versions of things so I don't doubt that, They can create their own crypto facilitated projects and let the people to use it. the government wanted to have full control of anything that exist from their land and bitcoin is not one of those that they can regulates. from that sentiments China will find ways to have full access to the point of creating their own cryptocurrency. I definitely agree with you. China will never approach for an idea that is accepting Bitcoin as local currency. However, I am sure that China won't get behind other countries in technology. So, they will make their own digital coin, as you said. Exactly. Look how much they love control. You can't even use social media there they want to control the people so badly. isn't this too much? they can still use Wechat. so I don't quite agree if you say China bans social media. but for the problem they make their own crypto, I agree with this. they really prefer to make their own rather than using things that are already popular (bitcoin). but this Chinese crypto money could become a new force in the crypto market. Time after time, they will learn to accept crypto. as technology evolves, most of the transactions these days are done through online. They will soon to adopt crypto due to that reason. For the mean time, lets just wait for their announcement for this matter, China cant withstand the trend of cryptocurrency, china will be attracted to its functions. |
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I agree on that. Being in a digital age now is what makes it more worth it to acquire more bitcoin. In the future we will be using it more often as part of our daily transactions. Actually its already happening now. So, imagine the future when everyone is using it as medium of exchange.
Using Bitcoin for daily transaction is already happening thanks to Satoshi for creating a wonderful project that almost everyone benefited the outcome until today. And to think that it would still exist in the coming future with a different approaches and usage as a digital money. I wonder how things in the future if cryptocurrency and fiat is being used both for transactions just like what is happening in exchanges. Bitcoin was meant to be a currency. In Satoshi's words: Bitcoin is peer-to-peer cash system. However, he kept one thing wrong that defies the fundamental rule of money and i.e. limited supply. Money is not limited, it is inflationary and its purchasing power keep decreasing with time. But Bitcoin is limited and deflationary in nature. This change made Bitcoin more like an investment. I don't think in future things will change because problem is not with current use but the fundamental of Bitcoin, it can't be used widely as currency else it will make businesses very unstable. Bitcoin was created with a limited supply, this is the main reason why its price was increasing everytime the demand increases. the more people buy it or store it, its price will continue to increase. having a limited supply doesn't mean a wrong move, I cant call it wrong or an action to be regret. Its actually one of the best function of bitcoin for me. |
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This is very unfortunate! Some Governments are anti-crypto and would exert efforts to prevent it or discourage it from its own citizens but eventually, they will reconsider it once mass adoption becomes full blown and other foreign Governments adopts it.
I suggest that if some of you can't access this forum due to some censorship ion your country, you can try to use VPN or TOR so that it will give you more privacy and less fear from Government interventions.
Yeah that works. Always check the security and prohibition of crypto in your location, although the internet is also secured by the government, there are various ways on how to deal with it. Use some IP address generator like what you've said, like VPN or TOR and it'll provide you security and you'll become invisible in your country. So you can deal with crypto safe and comfortably. In terms of Government, banks are really the conflict in some blockchain promotion. But you can use internet or social media carefully. Sooner or later, the bank will adapt the bitcoin when they understand its advantages and benefits. We just need to be patient. For now, using VPN will be the best option to access crypto sites, however, if ever your funds will be hard to cash out. Unless you have found a way. You just have to wait for your country to adopt in cryptocurrency, time will come and it will surely to happen in the future. for now, stay in touch with bitcoin, use VPN to do so. |
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I think most people here are pretty against using loans to invest in anything, whether it would be a traditional investment or a crypto-based investment, but from what I've read, it's actually not that bad.
The main problem with taking out a loan to invest is that in most circumstances, the loan you are taking out has funds that you can't lose, or you're screwed basically, it's the idea of profiting off money that isn't really yours.
For you though, it seems like losing that amount of money is honestly fine, just sucks, so I'd actually go for it mate.
If ever, OP has a stable income, paying 500 bucks monthly as stated above is fine, he is indeed fine. But it will be a waste if ever he failed his plan, also I think OP is making a rush decision due to sudden fall of price of bitcoin. He wanted to take advantage for that fall. But still, the last decision will be coming from him. |
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So, Mixers provide service of shuffling bitcoins or provide addresses loaded with bitcoins along with private keys. In short, they provide service so to create anonymity between sender's and receiver's address so that no one can trace the transaction.
My question is why not use Exchanges? When we deposit funds on exchange, bitcoins get deposited on exchange's cold wallet. But when we withdraw funds, withdraw gets processed from exchange's hot wallet. So in short, it is very easy to do anonymous transfer by depositing funds on exchange and withdrawing to other addresses. Why to pay 1-3% fees on Mixers when it could be done for much less on Exchanges. Exchanges like Binance charge just 0.0005 BTC to process withdrawals.
You can't use an exchange as a mixer because of the limits set by the exchange. If you will want to increase your limit or remove your limit you will have to verify yourself. This means that you will have to provide identification documents to the exchange. So you can eventually be tracked anyways. As far as I know, in a mixer you don't have to provide kyc stuffs and you also don't have any limits. mixer provides anonymity to its users by spending a small percentage from your transaction, without having a limit you remain anonymous. while in an exchanger, you can generate new address but I know it has a limit, unless you do KYC like what you have mentioned. they prefer to use mixer due to its use of service. |
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I don't worried about how bitcoin situation 10 years from now higher or not is not on my mind, I think day by day how to get bitcoin and sell it when getting higher price and keep selling after price raising up, what for have holding for long time without know how bad world economy situation with bitcoin respond.
bitcoin is a digital money, and money can survive for a long time, it wont die but it evolves. in the future, bitcoin will be use in many different ways, it will be something for every person using it. 10 years from now its price will be different, everything will be different, and it something that no one expected. |
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In my opinion, we need to upgrade the system, if the address of bitcoin in an incorrect format, miner dont confirm the transaction and drop it, so the transaction will back to the sender wallet. some of the online wallets have this option but not all of them, if you enter an invalid or no bitcoin wallet you cant send it, let's hope for the best
Its possible and it would be better. or if the address is incorrect, the funds you transferred will reversed automatically. OP thinks that by sending bitcoin to an incorrect wallet the volume of btc will reduce, and it will be a good effect since the lower the volume, the higher the demand is. |
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Strangely James Bilal Caan claims that he was the founder of bitcoin.. But lost his hard drive.. Is this possible??
What you guys think about James? Why he use this type of statement.. Specially his explanation about his hard drive?
I can say I am the founder of bitcoin. Does this makes any sense? Anyone can make a statement that he or she is satoshi and the creator of bitcoin but you know what a really satoshi would do he would make a comeback in his own style by sending a signed PGP message from hit bitcoin address to prove that he is satoshi otherwise we can't believe anyone at all. Honestly speaking, everyone can claim that they are the founder of bitcoin, do not be fooled by their statement where its obvious that they are lying. Public statements such as is just their way to make themselves more popular, dont easily belive to anyone claiming to be the founder. You must have a proof before you believe them. Since the creation of bitcoin, no information was leacked saying that they know the real founder, or they have known the founder. |
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I have heard some stories about making bitcoin transactions illegal. It's all been a humor and I don't think any government have officially made bitcoin transactions illegal. Why is that?
Well I know a few countries banned the usage of bitcoins entirely. Not even on people in the country is eligible to make use of bitcoin and even buying it is illegal. There are few countries where bitcoin is banned and not available to the public like Saudi Arabia and a few more countries. Then the rest of the countries in the world are free and legal to use bitcoin in any way they want too. They can use bitcoin on the internet and bypass the law that they had. Using a VPN to change IP addresses is a very easy thing to do. But here is the fact why most governments banning cryptocurrency and once you abide, you were put in jail. Well, most of the reason why governments illegalized bitcoin transactions because of the drug lords, criminals and terrorist that are transacting through bitcoin and the government has no access on it the reason why they don't get caught. Its so easy to change IP address using VPN, but even if they change their IP if they get bitcoin how are they suppose to withdraw it, its illegal, no one will try to have a private company or any financial services to provide the exchange of bitcoin to their own fiat. |
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You know this question is unavoidable...
DID I MAKE A MISTAKE INVESTING IN BITCOIN?
A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
The recent market setbacks have brewed a very big question in the minds of new investors...
What will be your response to this question?
If you feel doubt about in Bitcoin even a little bit, I could say that you are making a mistake investing in Bitcoin. Because earning it is not just an easy things as what others thinking. You need to accept things once you decide to invest in bitcoin, if you use in a wrong way you could lose you chance to earn it. But if you do the right things to use it accordingly, I can guarantee you that you can earn good in the end for sure in bitcoin. OP seems to be worried for the sudden decreased in price of bitcoin. But everyone is actually worried, but as we said, profit does not happen overnight and it takes a lot of time before having a profit. Good things come to those who wait, OP didnt make a mistake, waiting for the market to recover will take time. We all know that a few months later, it will start to recover from now. |
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Get into trading. Take time to learn how to trade if you are not sure of trading. You need to invest something in the initial. Then yes, multiple the bitcoin trading on best coins. Choose BNB, BTC, LTC, ERD, COS, MATIC and ONE.
Getting into trading won't assure with good return. In the volatile market one needs to be very careful with trading, it can get better earning as well loss based on the investment volume and the knowledge one has got over trading. Apart from this gambling is the next source which is riskier than trading. Indeed. Not all people who get into trading had a good return, as OP is still a newbie, there wont be an assurance that by getting into trading will give him fortune. It may be hard at him in the first try. Better to try other thing, aside from trading. Gambling will do but very risky. So i do not recommend that for beginners |
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After big time, tokens, coins die, volumes die. And exchange need to use delisting.
Delisting coin is the only option to remove shitcoins, not having a volume for so long is like holding a garbage for a long time. The only way is to let go of those coins. At least once they were delisted, there is no way for them to circulate from crypto market |
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I believe that nobody can stop to the people adopting crypto currency and used bitcoin by world wide even the most riches country time comes to use bitcoin,
Until the system technology are continue to improve and progress not possible bitcoin is replace fiat or even US dollars as new form of money but time comes not now we need to wait for maturity of bitcoin in the market.
Government must think the goodness of bitcoin and its advantages. But they are afraid because they cannot see or track the source of each transaction so easily. But our technology is fast paced we need to embrace the technology because if not we will not be grow and develop. I am seeing the advamtage and disadvantages of bitcoin when it will be legalize by govt. They know all of it, they talked alll about it. That's why they are trying to have their hands into it. Anonymity is one of the functions of bitcoin, and government is not actually afraid of it. Government wanted to have their hands on crypto, they want to manipulate/control it. |
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That is one thing that is really confusing because sometimes you study the market and tell yourself that this coin will bring much profit and you decide to hold at the end the coin will drop beyond expectation and you also check and so this coin will not do well at the end of the coin will bring so much profit. So this is so confusing
that's true! crypto is unpredictable and the feeling of buying an altcoin in the dip, but its price will suddenly decrease more after you buy and decided to hold it until its price goes up, that is the most confusing thing in holding an altcoin. |
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Strict as long as it is not abusive and fraud towards the bounty hunter, of course, you should read the whole thread in regards to the bounty campaign specifically the general rules and the specific campaigns that you want to join, different ICO, managers, and groups have their own policies so you should always read the rules and regulation common instance is that there's a change from the campaign so you should want to keep posted and updated from their announcement and edits.
I agree, as long as there will be no harm for bounty hunters when they spend their time and work for the project. the rules must still be equal for everyone, no taking advantage in our part. |
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Yes, knowledge is the key of success because if you want to make a big building, then you have to start with the strong foundation  . If you want to become successful in this field, then you have to required very deep knowledge of that particular field. And without that knowledge you can face enormous risk and may be you can loose all things one day... indeed, there is no individual that become successful without knowledge. if you really wanted to pursue what you are doing, you should learn and keep those in your mind. everything you learn is the foundation for the success in the future. |
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I keep reading some really desperate people on a forum (other than this one) and they seem sure that crypto is dead, because it is scam etc.
Crpyto is not dead. Don't be stupid. HODL.
they only spread bad information about crypto, or should I say, they dont really know the true capabilities of it. they are thinking that crypto is already dead because its price is still going down. |
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The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
no, blockchain is not the same as banks which is responsible for holding any amount of money for you, blockchain is a technology that is being use to record all the transactions all over the crypto world. |
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