You can also add the % of the inflation to those 10%. In most european countries countries the common bank deposit are not offering any interest. In some countries there are even negative interest rates. If the % on the bank deposit is over 5% then you should probably expect a high inflation.Imho only some kinds of obligations can be concidered as a safe deposits. Anyway Bitcoin can't be compared to such traditional assets because have different amounts of risk. With the same success you can buy a token, then it will get 20% growth and wou will say that you got more money then you could get for 3 years of holding some obligations. You can also count stocks and penny stocks and find that there are some more ways of getting some fast and lucky money (or losing everything).
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Don't know about the exchanges but it seems like technicaly every exchange can list them. It is like listing an altcoin that is based on its own blockchain (for example Graft ICO recently ended and their coin that is based on their own blockchain is already listed on the exchange). Waves tokens should be probably listed the same way as all altcoins. Everything depends on the efforts that devs put into negotiations with the exchanges and the quality of the ICO.
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Hey manager! Just a small question: As I understand this campaign should last for 4 weeks (if the max payments are up to 0.04 BTC with 0.01 BTC / week for hero and legendaries). So how will be calculated the 4-7 april period? Will it be the extension of the 4th week?
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Here is an example (with it's pluses and minuses, obviously).
1. Divide equal amount of money over blockchain to all the people. Keep a basic income the same every month. 2. Allow extra money for individuals bringing extra added value. 3. Keep the theoretical maximum of how much one individual can possess - to keep inflation and centralization "in chains". The surplus has to be spent - either by spending in economy thus keeping the cash flow or by giving it to charity
1. To make it work you need to fight one of the greatest enemies of the humanity. For example this is the main enemy of the United States. Sometimes they are trying to fight it but they are constantly loosing. This is not Russia, this is not terrorists but this is welfare. It is not only the unemployment benefits. The subsidies spent on public primary schools are also a welfare. Each day spendings grow while the quality of the service is at the same bad level. None of the politicians can ever stop most of this welfare. Basic income only make sense if the current welfare will be removed. And even then there are still a lot of doubts on this point. 2. This is how salaries usually work. 3. Inflation should be kept in chains by the financial policy of the government. Money should have its market value. Sometimes they should be inflated during the financial crisis. If you measure the inflation with something that can't be changed (like blockchain) then it can make the situation only worse. Those guys that inflate the money are not always the greatest villains.
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It seems like OP is a bit messed up with this question. Volatility is the frequency of the price changes. For example if today pair EUR/USD is at 1.2599, in some hours it turns to 1.2499 and tomorrow morning it is 1.2699 (I've ignored the smaller fluctuations to make a better example) then the currency is volatile (it changes frequently, to the both sides). The thing that you shwed on the chart is an inflation. It is pretty obvious that every currency devaluates with the time for many different reasons. The task of the governmental financial departments is to make the inflation low and stable to make economy grow. This is a standart and safe thing.
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Well, the other curious fact that the quality of live before the industrial revolution also has been changing very slowly, I would even say slow AF. The average peasant in the 15th sentury had almost the same quality of life as had the same average peasant at the times of pharaons. Everything changed only after the industrial revolution. Another fact is that before the industrial revolution people were constantly getting into the malthusian trap when the population has been growing faster then food production. Maybe for some reason the big amount of "free time" played an important role there (maybe peasants simply had a very few amount of land). I don't think that people were so lazy that they decided to starve to death instead of working some more days.
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In some places it is pretty hard to see shades on your candles. You are also missing the volume. For example I've got no idea why da hell the bottom candle in the morning star pattern is literally fixed in that price range (cimcidering that there is almost no shades) while we have a wide fluctuations in the other candles. Hammers: from your description unclear is literally everything. If someone is not familiar with TA then this patern is more likely to mislead this person. You are observing the already performed patterns without a description how to determine the upcoming ones and what is more important withour the chance that they will work. If someone will buy some coins according to Doji pattern for all money he have and it won't work then a trader can get into significant loses.
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Seems like this guy is just feeling upset because he didn't get a high rank before the implemention of the merit system so if he had problems with earning merits then it will be fair if the existing high ranked users will also get some pain in the ass with decaying merit. Just like that. Without a single world describing why it should be better for the furum discusions. It was always easier to sort the high ranked members. Just because they had to survive much more time on this forum without spamming and making any shady stuff. Otherwise they could be taged and the acc rank became useless. The cummunity works fine in most cases.
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Emm, your calculations seem to wrong from the very beginning. Forst of all what is the general amount of the world income and how do you calculate it? You need to show its structure. Also it seems like you are adding the BTC market cap (which can't be concidered as income) to the rest of the numbers. Bitcoin is a currency and if you need to compare it with something then you may try compare it with the supply of the US dollar. You will get less impressive numbers.
I was consider world income in USD because https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html and total bitcoin in circulation right now 16,937,088 it means 8925*16,937,088 = 0.152 trillions USD which is 0.054% of total world income. Cryptocurrencies doesn't totally match the global wealth research measures. As we all know cryptos are mostly used as an asset (investment) then more common value. Crypto market is extremely sensitive to different news and behaviour of the larger players. To make a purchase you need to sell your cryptos and to compare all BTC market cap in this rating you should be able to sell all those coins for such price (which is less likely to happen because if anyone will decide to dump good amount of BTC is may dump the market extremely strong). And the Bitcoin's market cap still does not exclude the lost and forgotten coins that can hardly be counted as a wealth.
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Emm, your calculations seem to wrong from the very beginning. Forst of all what is the general amount of the world income and how do you calculate it? You need to show its structure. Also it seems like you are adding the BTC market cap (which can't be concidered as income) to the rest of the numbers. Bitcoin is a currency and if you need to compare it with something then you may try compare it with the supply of the US dollar. You will get less impressive numbers.
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The best thing that comes out of this update is that all crypto / fiat trading will be less connected with Tether and all their problems will stop creating so much FUD around the markets. What's about the other things then it is not yet clear how it will work. I really hope that they won't force users to pass through several verification tear and make users print and sign their papers (as it works on Binance). It will be also a great thing if they allow funding / withraw funds via anything excapt bank transfers.
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Yes,i also heard that news, a good news to everyone who deals with cryptocurrency,obviously it really influences on crypto market in a positive way as we observed the recent increase in the price of bitcoin,but dont expect too much,let us see what would be the result this coming july and hoping for the best so that all of us can benefits of it.
In July they will for sure have come up with some regulation or a guideline at least so they can regulate it soon thereafter. The only question remains will that regulation be bullish or bearish, I think it can have a significant impact on the price of Bitcoin moving forward. I agree, any news or publicity regardless it is for good or bad is still a publicity. This will definitely affect Bitcoin prices and if this called regulation is good and will connect huge institution to trust Bitcoin market then, it will definitely push Bitcoin to bullish state. But as of now, the only thing Bitcoin holder in mind when terms regulation is used is negative but I hope they will change this belief soon because in order for something to be fully recognized and adopted is to be regulated by the governmnet. From what I've seen foe the last time the governmental regulations are mostly spreading FUD then push the bullish market. There are a lot of crypto related companies and services that already work for a pretty long period of time. They are officialy registered and pay taxes in their countries. If governmenal regulations will only establish the clear rules of how it should work (that is concidered as a positive regulations) then all those companies will continue their work, nothing will boost cryptos. But if gov bans some crypto related stuff it always start the insane waves of FUD. IMHO G20 should do some other things instead of regulating cryptos but I still believe that in most civilized countries it shouldn't be banned.
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Congrats anyway, you have done a great job but I would poing out one thing. hugablack recieved a good part by participating on different forms of merit giveaways. Also a good part of your merits is also coming from merit related posts and threads. Ofcourse you have probably done a good job but it doesn't really contribute the forum discussion. Implementing a merit system to let people talk about merit, throw merit for that talks, look for merit abusers, get rewarded for that stuff etc. doesnt seem like a great achievement and a significant forum improvement. P.S. Sometimes it feels like I can create a new thread with my own analysis of pros and cons of merit system (there will be too much to let them drown in spam of already existing threads) but this section already got too much merit talks. Most of them are baseless and people woll hardly take serious anything new.
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No, it is a grand master's move. You are a genius. But seriously those things that you've described in most cases can hardly be called "shorting". Pretty often altcoins are falling longer then 1 day and remain on the bottom also for a long period of time. This is not shorting. Shorting is when you obviously open a short position that will last for only a couple candles. Scalping can also be concidered as shorting. In both cases you are picking a larger leverage and measure your trade with smaller stop losses. If you hold such position for a long time you can easily get closed on stop loss or you run out of money very fast.
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Well, if someone is following the BTC price then if is easy to find that for example in Bitcoin makes about 10% per day then at the next day it will loose about 5%. Such "swing trading" is absolutely dumb. First of all bacause you are ignoring the other price fluctuations that can also benefit you. Second is that during the last time BTC dumped pretty often because of different and sometimes insignificant news. So you just buy coins and after the FUD people are finding you in the other thread talking about how you HODL your coins to avoid loses. This kind of trading depends on your luck and mostly similar to any other market. Anyway if you buy or sell something the price may go either up or down.
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Dude, this coin have only 800$ of 24hr volume. You should take a look at the current amount of buy orders. With 10$k in your pockets there is a chance that you will be able to eat the whole ask wall and then you will be able to set your own price (whatever you want). The problem is that it is more likely that the other hodlers will decide to sell on such a good price and they will dump it immediately. With such a low volume I don't think that this coin will get popular. Maybe only throuth scammy P&D groups. P.S. Move this thread to altcoin discussion.
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The problem about Ethereum is that scaling it is really difficult. Not sure if these problems will be solved, the only thing I'm sure of is that if it fails, it would be 10x worse than the Bitconnect fiasco.
Yes, the actual problem is scaling not the price. ETH can reach any price as it's divisible to lowest of decimals but it's the fees per transaction that's limiting it's rise. If Ethereum works to solve this problem, ETH can easily win over BTC. Tbh right now for ETH hodlers the bigest problem is the low price, not scaling. No one had any significant issues with the transaction speed and fees, volume is pretty low right now so people are more concerned about the current price. I've noticed that right now the amount of decent ICOs decreased significantly (that's obvious thing during such dips) so that probably affected the ETH price. I know nothing about technical aspects of mining and other stuff but Vitalik Buterin is one of the best minds in the crypto world. Ethereum still remains more established blockchain then any other. P.S. Bitconnect was a fiasco only for those who was "smart" enough to invest in this garbage. I see only positive outcome from its collapse.
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It is quite obvious that you should have some education in order to start trading but for some reason this forum is one of the main things that mislead the beginers. I remember myself a while ago asking about crypto trading, the most popular advise wassomething like "Just fund your exchange account and start trading, you will get experience. No shit". Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.
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the electrical grid should and eventually will be decentralized. It might not even use DLT whatsoever (it could tho - POWR token), but lets assume that as the price of solar goes down, its adoptability goes up. Residential areas and Commercially zoned areas with solar panels can sell excess electricity to each other or back to the grid (i.e. the utility company). Right now utility companies have centralized power and they sell for X amount per kilowatt hour. Eventually their power sources will be a decentralized grid of smart houses/businesses that sell excess back to the Utility company or to other homes and businesses directly. ---> this sort of thing is already happening, just on a small scale interesting read: https://www.sciencedaily.com/releases/2015/02/150204102637.htmSo what is someone will invent another super powerfull power source. Just like todays nuclear stations but safer, cleaner and more efficient. And everything becomes centralized again. Making a special comercial zones with solar pannels imho seems like a waste of space, putting such pannels somewhere in residential areas also doesn't seem efficient, especially if you need to provide electricity to the whole city. Centralization of the power supply is not a problem. I haven't seen anyone arguing about it tbh. The problem of hacking that was described in the article imho is taken from nowhere. Centralized power sources are working for many years and they hardly suffer from hack attacks. Meanwhile blockchain is barely tested in this field and may cause much more problems then we expect.
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