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1  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] DOMINIUM - The decentralised property platform - 5,000,000 FIXED POOL! on: August 25, 2018, 04:11:22 AM
Bitcointalk username: Fujiati
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2  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Bitmillex - The Most Complete and Secure Cryptocurrency Exchange (full) on: July 27, 2018, 07:02:14 PM
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3  Bitcoin / Bitcoin Discussion / Re: How well does Bitcoin function as a currency? on: July 27, 2018, 02:35:54 PM
Successful currencies meet three criteria:

(1) they are in widespread use as medium of exchange
(2) they serve as unit of account
(3) they are a stable store of value.

Most sovereign currencies fully meet all three criteria.

What about Bitcoin?

in my opinion, as a bitcoin digital currency has provided a great service and made us all satisfied with the results. I think bitcoin has met all the criteria you gave above. unfortunately bitcoin can not be a real currency because bitcoin has not been legalized and the journey is still long.
4  Bitcoin / Bitcoin Discussion / Re: Will bitcoin Die because of global Regulations? on: July 26, 2018, 03:52:15 PM
bitcoin will not die if the government makes rules about crypto currency. if the government makes regulations about crypto currency will only affect the price, bitcoin prices will be stable because the market of crypto currency is always monitored by the government. investors will find it hard to get bigger profits because bitcoin prices can not go any further.
5  Bitcoin / Bitcoin Discussion / Re: One country in Asia to develop bitcoin transactions legally on: July 26, 2018, 03:48:21 PM
Yeah the government and the central bank of the Philippines greatly accepts bitcoin and this is a good news to us who need another source of income. Philippines and Japan are the 2 Asian countries that supports cryptocurrency the most. I hope more Filipino people will know about cryptocurrency and try to invest in it. This is a good news indeed for us bitcoin users Smiley

Let us all spread this great news, this will certainly add trust and attract more bitcoin investors and continue to enjoy growth and stability of bitcoin. Thanks for appreciating this thread. Be an advocate of bitcoin.

I hope so too that bitcoin is immediately legalized in some countries including in my country, hopefully all laws and regulations they set are for the betterment of the people, not political tactics to take advantage unilaterally.
6  Bitcoin / Bitcoin Discussion / Re: Do whales really control the market, or is that a myth on: July 26, 2018, 03:22:02 PM
Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?

it might happen, because the key is any money can be made to manipulate the market if you have a lot of money, but that's not entirely the reason that bitcoin prices are falling is still another reason.
7  Bitcoin / Bitcoin Discussion / Re: Is it too late to invest in bitcoin? Is it a bubble? on: July 26, 2018, 03:16:42 PM
no, it's never too late to invest in bitcoin even though the price starts to rise, even if you invest now you will still get a profit in the future when bitcoin nutrition really goes up.
8  Bitcoin / Bitcoin Discussion / Re: What if someone bought up all the existing bitcoins? on: July 26, 2018, 03:10:32 PM
if anyone buys all the bitcoin then he can control the market price. he can make bitcoin prices at will, he will get a huge profit because the market price can he set.
9  Bitcoin / Bitcoin Discussion / Re: Future of crypto currency will be bright in India on: July 26, 2018, 03:01:14 PM
this is good news, a bright future for the people of India because their government has taken appropriate action for the economic welfare of their citizens, hopefully other countries will follow the actions of the government of India so bitcoin can be legalized.
10  Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin? on: July 26, 2018, 03:00:47 PM
there are several factors that make a person afraid to invest in bitcoin: the government forbids bitcoin, they are afraid of loss if the price decreases, they are afraid their wallet stolen others.
11  Bitcoin / Bitcoin Discussion / Re: Courses that are Accredited? on: July 26, 2018, 02:52:50 PM
At this time, are there any courses that one can do online that would give an official certification in the area of cryptocurrency.  I have seen a few online course even the ones on Ademy or Udemy etc. But just are there only to learn from.  I am knowledgeable on most of those things now but would like to get an actual certification or anything that could have actual value. in some aspects

anyone know of exact resources for this  direction? thanks

it is a good choice because you want a course to get a certificate, you will get it with the skills you have and thanks to your hard work. I am sure your actions can motivate many people.
12  Bitcoin / Bitcoin Discussion / Re: bitcoin is most likely going to die, here is why... on: July 26, 2018, 02:41:55 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  Grin

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.

I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

I'm not sure bitcoin can die easily for all that reason, even the opposite because bitcoin has begun to rise again and will surpass the highest price ever. bitcoin is so strong it will not easily die just like that.
13  Bitcoin / Bitcoin Discussion / Re: How safe is Bitcoin? ✅ on: July 26, 2018, 02:34:43 PM
the bitcoin security level depends on the owner, so the owner must be careful to keep their private key in a safe place so as not to be easily hacked by hackers, my suggestion that you keep it offline.
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin a Reserve Currency? on: July 26, 2018, 02:21:51 PM
So because of the recent downward volatility I have been reading a lot of threads and posts about how bitcoin is a bubble and could crash to zero. I have a different theory: bitcoin will one day become a reserve currency!

Right now countries typically hold US Dollars, Gold and Oil in reserves. The amount of these reserves is critical for smaller countries. Bitcoin is not on that list...yet.

According to the World Gold Council, the total value of all gold ever mined is about $7.8 trillion. The oil market is worth $1.7 billion/per year. There are also 1.56 Trillion USD in circulation.  At the moment, bitcoin is worth around $145.9 billion.

If bitcoin were to become part of the reserve mix for even small countries, its value would skyrocket. I can easily see it having a market cap in the trillions.

Sure we could very well see BTC being a reserve currency in 10 years or something but do you expect those entire 10 years to be just up without crashes and bear markets?

In my opinion, when the bitcoin becomes the reserve currency, it is not yet certain, because there is still a new currency or another backup, and can also still not acceptable bitcoin in all countries

I do not agree if bitcoin is said to be a reserve currency because the volatility of bitcoin is very high and demand more and more even they are competing to get bitcoin. so bitcoin can not be said as a reserve currency because they are a necessity for us.
15  Bitcoin / Bitcoin Discussion / Re: DONT INVEST IN BTC IF YOU CAN'T OR AFRAID OF TAKING RISK on: July 26, 2018, 02:05:27 PM
This life is full of risks and indeed we are all taking part of it. No one knows Satoshi Nakamoto but people have invested in BTC. In our education we even take risk considering the fact that after school you might not get work.

Over the past months people have been complaining about the price of BTC and I think we should all know something very important. If you are a kind of person who is afraid to take risk. I saw some post talking of anxiety about btc investment and was like if you  can't take risks just leave the crypto world cos you might end up getting  Hypertension Grin.

Check this post out guys-

Hope I am right guys? Any comments and suggestions.

I have seen those post and commented on them too. We have to know that everything in this crypto business is about risk taking and we can go far with that mindset.

yes, if you are afraid to run the risk do not ever think about investing in bitcoin, because I think if you want to invest in bitcoin then how much you can afford to lose.
16  Economy / Speculation / Re: It's all RED!!! This could really be the end. on: July 26, 2018, 01:51:43 PM
I think people getting wise to Tether is just about to explode.  Probably 50% reduction in all cryptos in the next two days.  Mark my words. 
Yes, you guessed it. But that does not mean that bitcoin will end. It is only temporary. The bad news about bitcoin has had an impact on the price of bitcoin over the past month. In the past two weeks, the global stock market crash has also had a big impact on bitcoin. Now that bitcoin has stopped falling, it's back to $8,000, and it's going back to $10,000.
I know that bad rumors are having a lot of impact on the crypto market but they will not end. A market that has existed for more than 10 years and you think only a few rumors can beat them?
Obviously that would not be possible. So let's see this is a good time to make a profit. Invest in bitcoins at the time they are priced at $ 6500-6800.

this time we are a bit quiet because the market price has started to move up, although the movement is a little slow but it can all change the situation so that our spirit can come back to move even harder to collect currency.
17  Bitcoin / Bitcoin Discussion / Re: Airport accepting bitcoins for traveling tickets on: July 26, 2018, 01:47:26 PM
i am 1000% sure, one day it will happen. in fact we can purchase our daily uses things by bitcoin.
Yeah me too i feel that this is just a matter of day everyone will buy what he want when he want using bitcoin i'a sure about that

it can all happen in the future but you have to be patient because it will take a long time and when it happens bitcoin really has been well received in various countries. it all takes a process.
18  Economy / Speculation / Re: Bitcoin rise altcions fall! on: July 26, 2018, 01:40:39 PM
After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

It's a big No,  because as I observed bitcoin and altcoin is not a competitor they just like a team. They are all digital money currency. Although they have different in price level but their functions are  the same.

bitcoin does go up but altcoin does not go down just its movement to ride so slow unlike the bitcoin price movement, we have to be patient to wait for altcoin to move fast. this is the beginning to boost the market price going forward.
19  Bitcoin / Bitcoin Discussion / Re: Do you think that other coins move faster? on: July 26, 2018, 10:29:03 AM
I see altcoin not moving faster, bitcoin will not move more slowly than altcoin. bitcoin will always rise further than altcoin therefore there will be no altcoin that can beat bitcoin.
20  Bitcoin / Bitcoin Discussion / Re: Is it too late to invest in bitcoin? Is it a bubble? on: July 26, 2018, 10:24:57 AM
it is not too late to invest in bitcoin because bitcoin prices will go up even further. we must think positively that bitcoin prices will go up in the next few months.
I see a lot of people who start investing in bitcoin and altcoin because a lot of news about the market price will recover.
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