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1  Other / Serious discussion / Why has Harvard University invested in Blockstack’s token sale? on: April 12, 2019, 05:43:06 AM
According to https://www.chepicap.com/en/news/8836/harvard-becomes-first-major-university-to-directly-invest-in-a-crypto-token.html , Blockstack sold 98.53 million tokens for Harvard Management Company’s affiliates. The question is why Harvard decided to invest in BlockStack's token sale?

Firstly, Blockstack CEO, Muneeb Ali said that "Upon approval, the offering is expected to be the first SEC-qualified token offering of its kind. The net proceeds of the offering will be used to accelerate the development of the Blockstack decentralized computing network and app ecosystem,"
Secondly, I think that, Harvard has too much money and they found out that Blockstack is a good deal in the future because they used to buy a lot of mortgage back securities in 2008
Thirdly, Harvard, because of using Blockstack's ecosystem, can lower their tuition for their students and help parents to transfer money to their children quickly.

What's your thought?
2  Economy / Economics / What should you do in bearish market? on: March 26, 2019, 09:00:01 AM

The downtrend market is a very normal phenomenon in the overall market movement. But for investors, this is a very unfavorable time because it is difficult to buy & sell and take risks if trying to buy a certain crypto code. The downward market often drags most crypto down.
So what to do to survive and live well when the bearish market happens??? Here are some tips for you.

1. SHOULD NOT CATCH THE BOTTOM IF YOU ARE LACK OF KNOWLEDGE AND EXPERIENCE:
Normally, investors like to catch the bottom. Catching the bottom is a normal action, even helping investors buy cheap cryptos, but it is a huge risk. Therefore, if your knowledge and experience are not enough, it is the best not to see the price drop too cheap and buy it, because in fact you cannot know how much the price will drop.
The thing to do in this period is to jump outside and wait for the price to stop falling, start to create a solid price base or show signs of increasing to consider whether to buy or not.
In the three states of increase - decrease - sideways, the trend of rising prices always gives us the highest probability of buying cryptos.

2. FOCUS ON READING BOOKS, SEEKING FOR INFORMATION, GETTING MORE KNOWLEDGE
Our knowledge is very limited, no one can claim that we know everything in this market. Instead of watching the price board, charts, just find a book about investment, or crypto trading to learn more knowledge from previous people in order to upgrade your level to new heights.
When the crypto market starts to bullish, with the knowledge you have just acquired, will you invest better when you don't know anything?
3  Alternate cryptocurrencies / Altcoin Discussion / How do you feel now? on: June 27, 2018, 05:42:49 PM
I can hear nothing but the sighs of coin developers, crypto investors, traders and even bounty managers & hunters in this forum, Telegram groups. I can also hear the sound of silence from crypto enthusiasts, specialists, speakers or even crypto millionaires. I can even hear the terrible voices from crypto believers, gentlemen, ladies. I realize that Mr market makers are too greedy, dangerous and malicious. We are Nemo fishes and we have nothing to do but staring our money have been gradually gone with the wind.  Cry
What are you feeling now? Share your thoughts
4  Alternate cryptocurrencies / Altcoin Discussion / How to evaluate an ICO project? on: May 09, 2018, 05:06:45 PM
According to my experience, there are 6 fundamental criteria by which an ICO may be taken into investors’ consideration:
1. Portion of founders + team + advisory board + angel investors must be greater than 50%
2. Refer to the ICO Project Website: domain (anonymous or not) + traffic (check through https://www.alexa.com/ ) + community (Facebook, Twitter, Reddit, Telegram) + how interested they are
3. Refer to rating websites, such as: topicolist.com, icobench.com, icorating.com, icoreview.site, and even btt members.
4. Who stands behind this ICO project, especially angel investors, advisory board and institutional investors?
5. Reviewing carefully of platforms and applications because a good ICO project will often have clear objectives and their application must be feasible. Clear roadmap and long journey are needed also.
6. Who are team and developers? What they did? Where are they from?

Regards
5  Other / Politics & Society / Btc Vietnam lost its domain because of operating a blog without a proper license on: May 06, 2018, 02:35:32 PM
Bitcoin Vietnam domain: bitcoin.vn officially lost its domain because of :crazy decision" from Ministry of Information & Communications of Vietnam. I used to be bitcoin.vn's user and client. I am really disappointed with this decision because i can understand the real reason of this action
You can view this link to better understand: https://news.bitcoin.com/bitcoin-vietnam-faces-losing-its-domain-from-government/

What do you think?
6  Other / Off-topic / Share your knowledge of Whiskey on: May 03, 2018, 05:31:55 PM

Long long ago, it has been commonly known that guiding or binding standards on how to enjoy a drink in a consistent way is somehow unacceptable worldwide. This is true for all beverages, including non-alcoholic beverages & alcoholic ones, including brandies such as Whiskey, Cognac, Vodka, Gin, Rhum, or other local and regional spirits. There are many different ways of enjoying the same kind of spirits which depending on each ethnic group or each communities of different geographical areas. When the communities getting rejected, criticized or unconvinced, they tend to find all sorts of reasons to defend, argue and prove their habits, styles. Nevertheless, in some specific circumstances, the given reasons are perfectly reasonable and justified. It may be the weather condition, the climate of every region, the habit of using the same or similar beverages that have existed in the certain community for generations, the availability of the ingredients, drinks, food supplement of each region ... These ones significantly contribute to the culture of enjoyment of drinks and food in the region.
French aristocracy and the Cognac makers have given up on introducing the Cognac tasting culture which has been well known as formative and traditional stylish of French. In the other hand, because of high level enjoyment of tasting the first class drinks gradually affected the business activities of the French Companies. The French has recognised that and changed their way of marketing for more than 15 years by advising their customers with smiles that “Drink Cognac with your tastes”. You can take a Cognac in neat with the Cognac Snifter, or by Tumbler, or small goblet, or jigger. You can also drink with an ice or mixing with some kinds of drinks that you like. It is up to you and you only. That is the phenomenal change! These beautiful words can be spoken out from business or marketing manager, or the Distiller or even Chairman. There are some real Cognac Connoisieurs in the above men, they are still forced to say that untrue words to the drinkers who pay for Cognac distillers though. After a Cognac dinner which may be held in Hanoi, Ho Chi Minh, Shanghai, Taipei, Hongkong, Singapore, Bangkok or somewhere in Asia, the conservative Connoisieur chap shall look in the mirror with his tie loosen and ask himself: Da fud did I say? Where on earth this kind of Cognac drinking culture from?

Edit:

On the contrary to French’s conservation of glittering and aristocratic past, whiskey makers & UK Whisky merchants seem to be more realistic. They are very familiar with local styles in many regions of the world where Scotch Whisky is carried to by them for sale. Drink neat only? Yes, traditional style of the Scotch used to be that way. Adding a few drops of pure, holy water to help Scotches exposes more of its flavor? Yes, that's great, it's the Scottish style that has still been preserved up to now. Adding some ices to the goblet, right? Yes, this place is quite hot, so drink with the fruit is very appropriate. Taking a sip from aromatic drop of whisky which is blended with the ice will help you to have a better feeling. Mixing it with ginseng water? Yes, it is true that Korean Gingsen matches perfectly with whisky and it will help you rapidly recover your health from a tired working day. Mixing it with green tea? Yes, nothing is more perfect than that.

to be edited soon!

Please share your thought and knowledge of whiskey!
7  Bitcoin / Bitcoin Discussion / Mining virtual currencies for charity on: May 02, 2018, 05:31:46 AM
Ladies & Gentlemen.
I saw UNICEF Australia’s tweet https://twitter.com/unicefaustralia/status/990511573553725441 by chance and so i would like to share this information to BTT community. I think that it’s a good news for UNICEF Australia and btt members who would like to support UNICEF Australia to get funded. Btt member can mine cryptocurrencies from home with our home's power. I do think that there are many btt members willing to support UNICEF Australia for funding life-saving aid for children in crisis
So, please do not hesitate and follow me to visit this website: https://www.thehopepage.org/ to donate to children in crisis
Thank you
8  Bitcoin / Bitcoin Discussion / The wave of cutting tax for Bitcoin & Cryptocurrency in Europe on: April 29, 2018, 08:40:14 AM
France is to tax gains from cryptocurrency sales as capital gains of “movable property.” The country has moved to reduce the rates from up to 45% to a flat 19%. Earlier this year, the High Administrative Court of France was seized on behalf of several taxpayers, challenging the instituted regimen, in force since July 2014, related to taxation of bitcoin and other cryptocurrency-related transactions. The Council of State also communicated that there would be “certain circumstances specific to the transaction of crypto assets which may imply that they fall under provisions relating to other categories of income”. In other words, if the capital gains have resulted from activities other than cryptocurrency-related sales but “bitcoin mining”, for example, they would fall under the category of commercial and industrial profits under the previous regimen, irrespective of whether or not the activity was occasional. Hence, these profits will be taxed at the higher rate of 45%.
Late last year, the head of AMF (France’s stock market regulator Authorité des Marchés Financiers) expressed his positivity towards the crypto field, stating that it could fulfill a legitimate business need. However, the country’s overall attitude has changed multiple times over the course of the last few months. We saw the Governor of the Bank of France calling for a higher emphasis on crypto exchanges.

Source: http://bitcoinist.com/france-slashes-cryptocurrency-taxes/

On April the 26th, the Conseil d’Etat stated that the profits generated by cryptocurrencies should be considered as capital gains. Hat means that the new regime will tax cryptocurrency profits with a flat rate of 19%, significantly lower than the previous 45%. However, including other social taxes, the amount will be higher, reaching 34,5%.

France Reduces Bitcoin Taxes
Different countries from all over the world are regulating cryptocurrencies and taxing gains on the profits investors make. But some times, the taxes paid over the profits are extremely high, like in the case of France. The tax rate could go up to 45%. France is one of the most important countries in the European Union. This decision may be very important to leave a precedent in taxing Bitcoin and cryptocurrencies. Other countries may follow France’s decision to reduce the taxes applied to gains related to trading virtual currencies. Burno Le Maire, the French Finance Minister, called for worldwide crypto regulations in the past, but he also expressed his support for the crypto-space.

Mr Le Maire explained:

“These new financial technologies bring promises but, at the same time, they bring risks: terrorism financing, money laundering activities and speculation. That’s why we must define a framework in which these new technologies could develop in a safe way for countries and nations.”

At the same time, during the G-20 Financial summit that took place in Buenos Aires the last March, he said that France has interest to become one of the first major financial centres in the world to propose an ad hoc legislative framework for companies making Initial Coin Offerings.

It is clear that France knows what it is doing. The authorities are trying to remain competitive in a market that is very active. Germany is also taking further steps in order to attract crypto investments. For example, the German Finance Minister, explained that individuals that will use virtual currencies as a means of payment will not have to pay taxes on them. Moreover, a new cryptocurrency exchange for wealthy investors has been opened in German territory, allowing important individuals and enterprises invest safely in cryptocurrencies within a regulated exchange.

Source: https://usethebitcoin.com/france-changes-tax-laws-on-bitcoin-from-45-to-19-on-capital-gains/

Well, i think that one of the more significant findings to emerge from France's reaction is that it could lead to the wave of tax reduction in Europe. These actions contribute in several ways to our understanding of continued competition among European countries in attracting cryptocurrency investments in the time to come and provide a basis for other countries to follow, such as: America, China, Korea etc.
Now, the question is: who will follow France? I would like to have your thought.

9  Bitcoin / Bitcoin Discussion / Lightning’s Bitcoin mainnet: the phenomenal growth on: April 24, 2018, 05:25:43 AM
As commented by Armin Van Bitcoin on Twitter “ https://twitter.com/LNstats/status/988406112406966273 ”, the mainnet has reached 7.000 active channels. Also, https://lnmainnet.gaben.win/ displaying present activity on lightning’s btc mainnet implementation exposes the network capacity of $156.5 mil which has been approximately 2 times higher in 15 days before. Moreover, there are more than 2.000 operating nodes accessible to operate transactions which cost lower than 1 shatoshi
Therefore, what can be clearly seen in the above statistics is the phenomenal growth of faith in Bitcoin as a payment method rather than financial investment or a store of long-term value. Awesome!

Edit:
Active channels: 8433
Nodes: 2228
BTC capacity: 20.948
10  Economy / Speculation / Bitcoin - a short pullback or a long-term bottom? on: April 20, 2018, 07:15:53 AM
After 5 months of heavy selling pressure, Bitcoin and altcoins have signaled to a bullish momentum pattern to buy. The recent low of roughly $6,500 comprised a 75% loss in value from last year’s highs of approximately $20,000. Currently, as with many other cryptocurrencies market, it finds as though the next move for BTC will likely be either more bullish momentum towards the 23.6% retracement area and even $10.000, or a declining pattern to retest the descending trendline that BTC recently overcame.

I believe that bitcoin and many blue-chips have completely bottomed out and have been confirmed both by hedge funds independently and technical analysis tools. What do you think?
11  Bitcoin / Bitcoin Discussion / Bitcoin, Trump, Cryptocurrency & daily news! on: March 26, 2018, 03:28:41 AM
Too much bad news, too many posts arguing whether economic crisis, global trade war, US interest rate increasing might happen or not. So are all these threats really big? Let’s finding out: Grin
About the crisis of 10 years: It’s, as my point of view, very difficult for global crisis to happen at this point of time. The world still finds a balance itself. Trump has had pragmatic, unpredictable actions with the goal of bringing more advantages to the United States. U.S has been no longer as beautiful as it used to be, but rather pragmatic, effectiveness.



And more details:


Let's review the U.S trade deficit over the years:
1. The United States has a huge trade deficit, about $ 56 billion right after Trump's imposition of tariffs on steel and aluminum from China. All countries, including Trump and Xi Jinping know that the United States is suffering. So Trump’s tax policy is just a springboard for negotiations to reduce the trade deficit. Moreover, the crisis can hardly happen at this time when the relating parties are still active.
About the US interest rate increase.
2. US interest rate rises due to inflation concerns. Raising interest rates to attract money into banks, reducing the amount of money circulation, thereby reducing inflation.


Let's review inflation and interest rates over the 10 years of the US.



Inflation has not shown signs of an upswing in the United States during the 2009-2016 period, maintaining a record low of 0.25 percent to boost economic growth. The US government has started raising interest rates since 2016. However, inflation has been declining since then. Experts have predicted that the United States will raise interest rates three times in 2018 and 0.25% each. This is, in my opinion, not too bad for the current market.
Securities, currency and cryptocurrencies are very sensitive to interest rates and exchange rates. The increase in interest rates will take the money supply into the bank, thereby reducing the amount of money flowing into the stock market, housing and other channels, including cryptocurrencies. Monetary policy usually lags about 6 months. Therefore, we need to look more closely at the US interest rate movements in oder to have suitable reactions.
About the relationship among DowJone and BTC/ Coinmarketcap
Looking at the chart for 10 years DJ index increased from 13K to 24K and Coinmarketcap has still finding itself the lowest capitalization of 2017.
Conclusion:
1. Global Trade war may occurs, but The United States and the US economy will benefit more. Short-term psychological effects are essential.
2. Interest rates may increase, but in the long run, when inflation remains stable, interest rates will also be stable.
3. Coinmarketcap has been deviating from the DJ, any moves/ failure actions in the short term such as selling off can be paid in money. In short, my personal portfolio has still been 60% cryptocurrencies and 40% cash (USDT).
Coinmarketcap may recapture the new peak in mid-April or late June 2018 after a long duration of trampling Grin Grin. My portfolio in 2018: BTC, ETH, LTC, NEO, Stellar, BNB, EOS, Cardano, Ripple and some TCASH (lol)



12  Alternate cryptocurrencies / Altcoin Discussion / Should I Buy or Sell now? on: January 26, 2018, 10:15:10 AM
Dear members
I have some coins: BTC, LTC, NEO, DBC. I am now wondering with this dumping market.
What should I do now? hold, buy more or sell?
Please give me an advice  : Shocked Shocked Shocked
                                                      Where are you exactly in this psychology chart now?


(Updated: Mar 9th 2018)
13  Alternate cryptocurrencies / Altcoin Discussion / DBC - Deep Brain Chain, a brand-new star of Artificial Intelligence on: January 01, 2018, 07:53:22 AM
Project Introduction
Leveraging blockchain technology, we developed a decentralized, low-cost, and private AI computing platform. We also provide perfect peripheral products.

The DeepBrain Chain token, the DeepBrain Coin (DBC), is traded via smart contract based on NEO. The mining node is incentivized through a system designed through smart contracts.
DeepBrain Chain is a decentralized neural network. Countless mining nodes across the world will supply computational power for AI use to meet world-wide enterprise demand. Mining nodes receive DBC as compensation. The GAS fee each enterprise need to pay is far less than the intrinsic fee.

The DeepBrain Chain is also a secure data trading platform that allows both parties to not worry about data leakage or reselling. Blockchain technology is used to realize the explicit separation of data ownership and data usage rights. Thus, the value of data will be promoted greatly.

Low Cost
Miners' main income comes from supplying computing resouce to the DeepBrain Chain network. They will receive DBC as compensation when the nodes' computational power is used by the network. This system provides enterprises with lower cost computational power.
Privacy Protect
Using smart contracts allows us to separate data ownership and usage rights ensuring security of the data transfer via crypto-algorithms and separation of mechanisms.
Flexible Computing
When computational demand peaks, DeepBrain Chain can adjust itself automatically by utilizing idle nodes.
Security
Even some nodes of DeepBrain Chain are attacked by hacker, the remaining nodes are working well as usual and data leakage is forbidded. DeepBrain Chain makes sure that AI factories operation will never be interrupted also.

DBC is the biggest company in AI. I think DBC shall roket to $1 in February 2018. Just wait and see Grin Grin Grin Grin
14  Bitcoin / Bitcoin Discussion / What do you know about NEO's ecosystem on: December 30, 2017, 02:10:33 AM
Hi, everybody
What do you really understand about Neo's ecosystem?
1. NEO is a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a "smart economy" with a distributed network.
2. NEO was founded in 2014 and was real-time open source on GitHub in June 2015. Since its inception, the NEO team has experienced the upsurge and boom of the blockchain industry and the frenzy and cooling of the digital money market. We believe technology drives progress and together we can create the future. Motivated by this, NEO has been created to shift our traditional economy into the new era of the "Smart Economy".
3. Neo's vision:
- Digital Assets
- Digital Identity
- Smart Contract
...to be continued
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