A lot of bad incidences happened in crypto community this year including:
1) FTX
2) Luna
3) Gemini Earn
4) Celcius
5) Voyager
6)BlockFi
All these incidences happened because of the greed of some people. It is important to control the entry of these kind of people as developers or people behind some new crypto projects. Otherwise people will have very less trust left on crypto in general and people will move to other alternatives. What do you think are the required steps to prevent these incidences from occurring in future ? Or are these unavoidable ?
Soon Coinbase, Binance (the most corrupt), Tether. |
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Good riddance. HashFlare was a pure Ponzi. There was a referral program to attract new money.
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Guys, what u think about it?
I am sure in 101% that he plays fake money, but a lot of friends of mine - said the opposite.
After twitch banned stake and other casinos, he deleted all videos and dont even stream anymore, so its 100% proof they he had deal with stake and use free money to play, what do u think?
He should be transparent about it. The fact that we have suspicions is very telling. |
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turning point UP or DOWN? Apart from new bottoms every month, I can't see a bullish pattern. |
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Looks like SBF is at it again and basically trying to lure investors into investing into FTX. He is looking to raise +$6B or so. I think he is trying to sell some FTX bonds which are paying 10% per year for 3 years and then converted into common stock.
Now I realise that Bitfinex did something similar when they got hacked back in 2015. They raised I think $1B very quickly. And their valuation is much lower back then than FTX today. However they got hacked... SBF committed fraud.
They seem to generate $10-20B in volume daily and $1B in revenue per year. Seems like a profitable company however.... will anyone actually invest billions after what he did? Will people actually still trade on FTX after all this mess?
I give this 10% chance of succeeding....
I give it 0%. It's basically an official Ponzi scheme and it involves using payment collected from new investors (FTX bonds) to pay off the earlier investors. |
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A lot of people got rekt with Luna and FTX. No money to invest in btc anymore  |
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There are so many people in the Bitcoin Talk Forum who have interest to discover the true identity of the Bitcoin and Blockchain inventor. Also there are few who oppose the matter, that Satoshi Nakamoto must not reveal his identity.
I am so much confused regarding matter. So I think, it would be better to arrange a concensus about the identity of the Bitcoin and Blockchain inventor. The members of this forum can vote for themselves and it will be helpful for Satoshi Nakamoto to make a correct discussion.
What is your opinion ?
The real question is how can Satoshi reveal his identity. Moving coins? How can you prove that you are the owner of a private key and not a thief... |
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5. Don't invest suddenly
- In my experience, I have also participated in this type of investment without thinking immediately or doing research because I was just
carried away by the hype. It's just like the "Get rich quick" where your 1k$ will turn into 10k$ after 3 days, things like that. Just like before
the rise of cryptocurrency projects, there were a lot of them but in the end, they turned out to be scams, but I don't blame them all
because there are legit crypto projects and there are others that are just scams or shitcoins, this is just an example.
But I'm not saying that you shouldn't invest in crypto, I think we shouldn't make a hasty decision so that our capital doesn't go to waste.
ah ah it's called FOMO |
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In his paper, Bitcoin: A Peer-to-Peer Electronic Cash System, Satoshi Nakamoto states that the purpose of Bitcoin is a purely peer-to-peer version of electronic cash that would allow online payments to be sent directly from one party to another without going through a financial institution. Unfortunately bitcoin is not used as intended. It is used as digital gold instead of digital cash. |
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From all stand point as Bitcoin keeps gaining more popularity and adoptions it won't be inaccurate to say the government are endlessly finding a way to do a complete regulation on Crypto currency specifically Bitcoin, Despite most times the word crypto currency might be used to address all crypto related digital asset but the main target remains Bitcoin due to it's decentralised and distributed network as well as been the major crypto asset.
Why it is obvious getting full control of Bitcoin functionality and distribution seems impossible due the fact it has no central point of control one might expect stricter rules governing the use of custodian and non-custodian wallet, declaration of all cold wallet addresses, Setting up committee to monitor transactions on the blockchain public ledger, introduction of wallet trackers and ownership on different OS and maybe lots of wild experimentation to make regulation a possibility.
Believe you me no matter how advanced bitcoin decentralisation might look or sound the government will never risk giving their citizens full control of their assets. The always want to be in charge and has long has they have this limitation of full custody stricter laws regarding Bitcoin usage might spring up. Technology is advancing
It's inevitable and it's coming from the people, not from the governments. There are too many scams and a lot of victims are now begging the authorities in charge to help them. |
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Sideways until Christmas then UP
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I am afraid there will be tough times ahead for Bitcoin, we are just between fear and desperation right now  2020 the year of bitcoin , maybe.  |
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https://en.wikipedia.org/wiki/List_of_circulating_currencies#Criteria_for_inclusionAll, I added Bitcoin to Wikipedia's list of circulating currencies, citing blockchain.info and proof of widespread circulation and growing volume. The entry is listed under "Earth" as the table is sorted by territory. I'm not a coder, it would be cool if someone could help me add the BTC logo before "Earth" and add a hyperlink to "Bitcoin" to take readers to the Bitcoin wikipedia page. Cheers! Good job! I hope it won't be deleted |
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yep, probably with all this panic sell, people are trying to get rid of the alts, trade them for BTC and then for FIAT... Ethereum still green  |
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woohoo I just bought me some cheap bitcoin! how bout you?? I wait before buying, if there is a panic selling it can goes below $100 |
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ethereum starts becoming popular now
I am afraid that a lot of people don't understand exactly what is ethereum . IMO only geeks understand |
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iv been burned from PBmining , havent messed with anything else since then! iv learned my lesson!!   PBmining Ponzi shoud be classified as a investor-base game |
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Nice to see a new bitcoin game  . How to play without registering? Is it possible? |
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Hello,
As the fork happened & Satoshi talked about it, what do you think about future ?
I feel pessimist unless the community re-union again after it has been divided.
It's speculation, the satoshi message is a fake. There is a forking? Bitcoin still exists. |
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