Respect for taking the time to make a rudimentary website to track your performance. I don't know if you're aware of it or not, but one of the biggest "helpers" of a trader is a trading journal or some way in which you remain accountable for your actions. Making your personal challenge public, as long as you don't promote anything is a great way to start your journey towards $1M although BTC might be at a much higher dollar value in 10 years from now in my opinion. So that $1M might be $100M or more.. or less.. who knows?!  Btw the website chart is not working, but maybe that's due to the fact that you haven't added any trading data yet. I wish you a healthy body and spirit 'cause you're going to need both to be successful! |
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Great poem, Chris! Brought me a lot of nostalgy and regret because I was not aware of the technology at that time. I'm sure that the information was on the internet then, I just had to search for it.
I do think you can continue writing the story of Bitcoin in a more "official" way like I'd suggest you to make a medium post or a blog and continuously update it, maybe with reference to the other altcoins as well. I'm sure it is going to get some "love" from the crypto communities out there.
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CSW doesn't stand a chance in front of an honest Norwegian court - they don't lose time and can't be bribed or something like that. I do hope that someone will sue CSW for being an impostor and strip him away from both his fame and finances.
Meanwhile lawyers are making a shit load of money haha Hope that they are getting it from CSW and not the space cat.
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I think that for the moment better centralisation means better exchanges: a lot of present exchanges have subpar ores management, liquidity, security etc... so if higher centralisation is the price to pay I am ok with it. Also because I think it is a transition toward a more mature, hence competitive scenario for exchange: a lot of smaller exchanges have to die so the bigger one can compete in a more mature scenario, with users being the ultimate benefited of this.
Regarding holders remember that there are users, namely institutional investors that REQUIRE exchanges to be insured against every kind of mishaps in order to be used. So I think these are the subject the Winklevii has in mind when setting up all this, not the retail users.
Edit: will expand answer when RL duties settle a little bit!
I'd change that statement to: "better centralisation means better traditional exchanges." - institutional traders do need these insurance policies, but what if those can be met through well-written and audited smart contracts - and the auditors would hold the insurance for the smart contracts? I strongly believe that in order to achieve a higher level of freedom & transparency we need decentralized services. Fortunately we do have the means for that - aka smart contracts. However if you look at the current DEXes in the market they are not completely decentralized thus the incentive to use them is not 100% if you know what I mean. |
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I don't think Musk has such a big influence on the cryptocurrency markets. He has an influence on Tesla and other subjects because of his influence, but when we're talking about an entire market that has a myriad of different participants a tweet is like a drop in the ocean. It might have its impact, but unlikely to be a significant one.
All price moves are the result of an imbalance of buyers and sellers and the fact that most people don't understand what Elon actually wanted to express it says a lot about the wisdom of the crowd which is led mainly by greed and fear. If this tweet had any influence on people it is only because people "hope" that it is good news.
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In my view the Gemini brothers are making some very smart moves in the industry. I think their exchange is the single one that offers such a big insurance. A $200M is a sum that a few can cover - thus making the Gemini exchange - one of the major institutional grade for cryptocurrency trading.
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The word of mouth is indeed a very powerful marketing method. I think people can find ingenious ways to share the power of Bitcoin. Like when you're in a mall with some colleagues or friends and you're at a store that accepts bitcoin you can brag to your friends by paying with BTC while the other "dinosaurs" pay with cash or cards.
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I think that until the next halvening(after the May one) Bitcoin will indeed hit one if the crazier numbers present in the media aka $100k - 1M per unit. We've got to take into account that now there are more players in the market, not just a few Bitcoin believers. Institutions are involved which represent more financial potential and more stability as well.
Btw McAfee already announced that he's not going to keep his promise..
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Due to its extreme volatility measures Bitcoin does not make a good hedging strategy for the ones who can't digest big fluctuations of their portfolio, but combined with other assets it could make quite a great risk/reward combination. I mean the volatility is high, but an investor is also exposed to significiant potential gains.
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I think you should rethink your actions. Why build a new Bitcoin instead of building a service or a product on top of the existing infrastructure? Bitcoin doesn't have any major flaws so it needs a replacement. This far it has become the most reliable and valuable cryptocurrency. You can name it Bitcorn, Bitcoin Supreme, "BeeCash", anything you like, but you will probably end up wasting your time.
If you just wanna practice your programming skills go ahead and create a new blockchain, but for that you shouldn't ask the community for names.
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Nevertheless, Monero is one of the oldest coin the market and it has survived the bear market so far. On the plus side it is a privacy coin which I think will have a high regard in the next bull market and it will come because the market moves in cycles.
My personal opinion is that a well-diversified altcoin portfolio is the right way to go on the next bull market, but don't take my advice for good, I am not a financial advisor and this is not a financial advice.
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Congrats on getting done such an interesting survey. Definitely Bitcoin can be considered the catalyst for a major turnover regarding the control of wealth in the world and especially the independency from government control that it can confer.
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Most of my payments are still cash just because of the habit of paying with banknotes at the cash payer. I need to remind myself to put the money on the card and stop carrying papers in my wallet. Better just put all of them into crypto. I'm 99% that the next step to the evolution of payments are cryptocurrrencies and Africa will probably be the first one to adopt them. The skip one technology, but they get a cutting edge generation one instead. For the countries with solid banking systems in place is much harder to make a change to a currency that is not controlled by govt. and the Central Banks.
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Probably most people are askign because they are gambling degenerates and impatient.. or they wanna make a trade based on more people's opinions, but they only learn that the best is to make your own research and make the decision based on your own thoughts. Don't delegate responsability on someone else's judgement especially if that one is not an experienced financial advisor who has to obey the fiduciary laws. Other reason could be that they have some free time and they need something to be excited about. If a newbie pops in and say that BTC will pump soon then their hormone levels will spike up like crazy.  |
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The US Dollar is always decreasing in value due to inflation and I think that is the main reason why we have seen a constant raise in commodities' price over time. In my opinion he is a low baller regarding the Bitcoin price prediction for 2020. $15,000 is not even double from here. We're still far from becoming a mature market with a lot of liquditiy and moreover we still have the same 21M limited supply. I don't think that the bears can keep the prices this low for long time. I expect the Plus Token holders to slowly deplete their holdings this year and miners should be less incentivized to sell once the halving takes place. Again.. 50% reduction in mining rewards is no joke.
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I don't have a habit of going to events unfortunately. It is so hard to make time for those especially when they are only here and there, but CES is an event I would go every year just because of the technological innovations presented there. I've watched some tech vloggers on YouTube and saw that BMW is preparing a cool driverless car with touch sensible seats - so cool. Wondering if there were any big blockchain representants there?
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Need someones to add posts to Instagram.
is there any requirement for the people that want to join this task?
like minimum followers on our instagram
I think he is looking for someone to manage his Instagram account and create regular posts - like he said - 30 posts/week. That would be $15/week - a decent amount for a very under-developed country, but not even the pocket bucks for a USA kid for a month.  Depends on the actual work that he needs to be done. If you have to design quality posts then this gig is likely underpaid. |
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I hold huge respect for Akon both a singer and as an entrepreneur and most importantly as a noble human. He didn't forget where he left from - Africa and now he is trying to bring last generation tech to Africa which to my knowledge is the most under-developed continent.
Not even speak about theth awareness he's generating for the cryptocurrency space. A crypto city would attract the world's eyes to Africa and hopefully we'll see much more investments made there.
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I don't we think more subdecimal units at the moment. Satoshis are good enough for the actual use of BTC in day-to-day transactions. Also most people refer to the US dollar value of BTC when paying so it doesn't make much sense to add more "units" in the current situation.
As the price raises to maybe 100k dollars it might be a good start to add more denominations.
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When everyone thinks that one team will win - you know it is time for a surprise event. From my perspective it looks like Liverpool are well ahead of the platoon and their motivation could be lower to fight hard in the match, but how can your motivation be low when you play on Anfield with all those great supporters singing "You'll never walk alone" at unison! Quite a tricky indeed and if I were to make a prediction I'll say that it's going to be a nil score at halftime just because I think they will be testing the terrain in the first half. Can't come with a more reliable prediction. All I can say is to grab a beer and some snacks and enjoy the show!  |
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