Bitcoin Forum
May 27, 2024, 08:39:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Bitcoin / Project Development / Re: Are here still people that seek to join new Crypto/Blockchain Projects on: July 25, 2018, 12:16:09 PM
Sure, there may be people here who would like to join great new project and develop something new. I'm sure that if the idea is really promising and the compensation is right you may find dedicated team members. If you provide more details and the skill set you require here or in my PM, the conversation may become more definite.
2  Local / Работа / Re: [ТРЕБУЕТСЯ] Набираем команду on: July 13, 2018, 04:59:16 PM
Насчет backend/frontend разработок можете написать в Skype: globolifedev
3  Local / Работа / Re: Ищем команду для проведения ICO on: June 30, 2018, 06:42:34 PM
Можем помочь, пишите в PM.
4  Economy / Speculation / Re: Why bitcoin will drop to $1000 and why we should be happy about it. on: June 30, 2018, 06:36:42 PM
you first come up with the price then try to think of reasons for it.

No, absolutely not, maybe it sounded like this to you, but I had absolutely no intention to put it that way. I try to figure out the core fundamentals of bitcoin and then understand what could happen with the price. What psychological threshold bitcoin price may have in your opinion?
5  Economy / Speculation / Re: Why bitcoin will drop to $1000 and why we should be happy about it. on: June 30, 2018, 06:32:55 PM
currency is a currency. there is no type to it.

Sure currency may have type, for example, digital currency, blockchain currency, etc. Your example with USD shows that we are speaking about different things.
6  Bitcoin / Project Development / Re: Building a list of affiliate programs that pay in BTC on: June 30, 2018, 06:29:28 PM
Sure, such list is necessary. I have just looked for such list to add our affiliate program, and found almost no resources for the crypto projects. Such lists for regular affiliate programs were quite popular many years ago.
7  Economy / Services / Re: Serious Team members required for UK property ICO on: June 30, 2018, 06:22:02 PM
If you provide your contact details that would be great. Or please contact me in PM.
8  Economy / Speculation / Re: Why bitcoin will drop to $1000 and why we should be happy about it. on: June 29, 2018, 11:15:30 PM
Yes, its main purpose is investment coin. Bitcoin appeared as an investment project, there were no significant issues with payments that bitcoin could solve. So bitcoin introduced new technology at the mass scale and emerged mining industry, but as a payment method it is still in the quite infant stage. Now I think the whales just wait for the right moment to drop it, there is no reason for them to keep its value when they can get x5-x7 profit.
9  Economy / Speculation / Why bitcoin will drop to $1000 and why we should be happy about it. on: June 29, 2018, 04:59:24 PM
I have read through some recent posts on the forum and I see that many people don't quite understand the fundamentals of bitcoin, and so they may not be able to do reasonable investment decisions.

I have talked to many financial experts during real life conferences and in online chats and they all tell approximately the same. There are two types of currencies: Payment Currencies and Investment Currencies. In fact there may be other types of currencies, but lets focus on these two types for simplicity. So, investment currencies have different features as compared to payment currencies and they will develop differently. Of course, they always have mutual features and even may be a replacement of each other sometimes, but generally they designed differently and it will be a mistake to expect investment currency to behave the same as payment currency and have the same growth factors.

Bitcoin is designed as investment currency. We should just accept this fact. Of course it may be used as a method of payment, but it will never become a replacement for a fiat currency. Some future cryptocurrency will be, but not bitcoin. Bitcoin will never be directly supported by any major government. They may regulate it, legalize it, they may even invest in it through some bank or fund, but they will never support it directly. This is because government is about regulation, collection and distribution, government is not a player. If some G7 government decide to support cryptocurrency, they will create their own cryptocurrency with the features they need, they will regulate it as they need and they will treat it as the national asset.

So when investing in bitcoin we should not rely on the possibilities that will never actually happen to bitcoin. Instead, we should realize the nature of bitcoin and act accordingly. Saying that, since there are no more evident factors of bitcoin growth, we should allow it to drop. I estimate that it may cost at around $1000 as the bottom rock. And then bitcoin will grow again. In about a month time frame the whales and high-rollers will easily take it back to $6000 and the following buzz will rise it up to $10-15k in 2-3 months. This would be quite typical behavior of the investment currency. I also think that the miners industry will survive this drop without any significant issues, they will just have a month or two of loss, and then they will enjoy the long ride - quite usual wave in the business. And mostly important, if bitcoin drop down and then recover, this will be huge stimulation of the industry in general and bitcoin in particular - it will show that bitcoin can survive the crisis and repeat the growth. So we should get prepared for the drop and take it as the logical development of an investment currency, and not as the "death of bitcoin".

These are just my considerations, so please let me know your opinion.
10  Local / Работа / Re: Поиск Эдвайзеров и Сподвижников on: June 29, 2018, 06:53:25 AM
Пожалуйста напишите ваш скайп.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin doing monopoly business in cryptocurrency platform ! on: June 29, 2018, 06:33:25 AM
I think that bitcoin age is coming to an end. Once major companies such as Telegram, Facebook or Google create their own cryptocurrency, they will beat bitcoin for sure.
12  Bitcoin / Bitcoin Discussion / Re: crypto currency ban in india on: June 29, 2018, 06:26:29 AM
Attempts to ban cryptocurrencies already showed total inefficiency. If India ban crypto, Indian business and investors will just work through asian region and this will do no good to India, but do good to other countries. Indian government is not so stupid I think, so they will definitely try to regulate crypto somehow, and not ban it completely.
13  Bitcoin / Bitcoin Discussion / Re: G7 countries planning to invest in crypto?? on: June 29, 2018, 06:19:20 AM
Major countries may really invest in crypto, but not necessary in bitcoin. There are many new promising blockchain technologies now appearing, and they really may get some government support. But I'm not sure that bitcoin may be attractive to government financial institutions. Maybe just some short investments for some banks.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: A new type of consensus protocol on: April 06, 2018, 09:40:51 AM
Nice idea, but could you please explain in easy words which problems your new protocol solves and how. And yes, the concept with bees and flowers is not really "geeky".  Smiley
15  Bitcoin / Bitcoin Discussion / Re: How to deal with India and countries that ban Crypto currencies on: April 06, 2018, 09:28:02 AM
It's not necessary to relocate to the other country physically, just relocate cryptocurrency. This could be done through trusts or venture funds.
16  Bitcoin / Bitcoin Discussion / Re: Why you Still believe in Bitcoin? on: April 05, 2018, 03:36:27 PM
Bitcoin is strongly backed by miners, and miners will not allow their industry to get down. So I believe Bitcoin will be there for quite a while. The only question is at what price.
17  Bitcoin / Bitcoin Discussion / Re: why the facebook, google are banning cryptocurrency? on: April 02, 2018, 12:42:09 PM
Giant companies just haven't yet developed unified standards on how to evaluate cryptocurrency projects, including ICOs and everything related. Once the legal side of cryptocurrencies get regulated properly, everything will be fine again. Unlike gambling, hyips and such, cryptocurrencies in general are not illegal by nature, so it is just necessary to wait until there appear quality and legal standards for crypto projects, including ICOs, exchanges and such.
18  Economy / Service Announcements / Re: Pay flight tickets with bitcoin, litecoin and dogecoin on: March 31, 2018, 10:42:52 AM
If you offer this service as a web site, this may be interesting. I think there is a community of people who would like to buy travel services for crypto.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: how to identify ICO scam ?! some important tips ! on: March 31, 2018, 10:30:46 AM
ICO founders should have some publicity - take part in conferences, meet investors in real world, etc. Of course, this will not guarantee that the ICO is not scam, but at least you will always know where to find those guys, if they decide to run away.  Smiley And if the ICO team is online-only, and nobody ever saw them, such project is 99% scam.
20  Economy / Service Discussion / Re: Beat CoinMarketCap on: March 31, 2018, 10:21:09 AM
coinmarketcap is already a big brand, and it is difficult to offer something better. They will probably stay as an industry standard reference for a long time. Though I have some ideas what may be done extra to offer a better service, maybe I will create something of that nature some day.  Smiley
Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!