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2521  Alternate cryptocurrencies / Altcoin Discussion / Re: Next holder are very fast to panic. on: May 16, 2019, 04:37:28 PM
Hello, I saw a lot of holders today a new generations of holders. Like, Bought 6k$ to 7k$ amount or price of bitcoin. And they panic because they afraid to lose them more money on the crpyto so of course they will sell it immediately at the lower so that's why many of them always lose their money. What do you think?
People will always be afraid of losing their money invested in cryptocurrency. Therefore, when negative information appears, they will always panic and at the same time sell their cryptocurrency. This is one of the main reasons why Bitcoin will never be able to achieve high price values, and if it does, then for a short time, after which it will fall in price for a long time. Cryptocurrency will develop regardless of the existing prices.
2522  Alternate cryptocurrencies / Altcoin Discussion / Re: Video call for KYC verification on: May 16, 2019, 04:10:23 PM
You forget that KYC is provided by the legislation in many countries in order to regulate investors. And it follows that if the video call is allowed for the procedure of user identification by law, then it is possible. But I agree that it would simplify the procedure and the time required to check the documents.
If you think that the KYC check, and even more so the video call during such a check, is stipulated by the legislation of many countries, call these countries and the names of these laws. Many people write about it, but no one ever says anything concrete. If this were, then someone has already written about it. I am primarily interested in the legality of the requirements for KYC verification by participants in ICO bounty campaigns. I believe that such a requirement is illegal. If there is a similar law, name it.
2523  Bitcoin / Bitcoin Discussion / Re: How huge is the job of the legislature in the improvement of Bitcoin? on: May 13, 2019, 05:11:36 AM
The administration assumes an imperative job in the advancement of Bitcoin in a nation. For instance, an administration declares that it will acknowledge Bitcoin in that nation, so I'm certain the improvement of Bitcoin in that nation will be quick!
What do you think, the Government or the network who assume a critical job in the improvement of Bitcoin?
Governments will never have anything to do with Bitcoin improvements. They can only allow it to circulate on their territory, but they will never actively support the decentralized cryptocurrency. In general, governments are not interested in the development of decentralized cryptocurrency.
However, for the further development of Bitcoin, it is necessary that the states legalize cryptocurrency. Only after that can it actively develop as a means of payment.
2524  Bitcoin / Bitcoin Discussion / Re: Will You Advise Newbies To Enter Bitcoin Now? on: May 13, 2019, 04:54:27 AM
If we believe that Bitcoin and the cryptocurrency in general will exist for a long time, then it will not be too late for beginners to join the cryptocurrency for a long time.
Cryptocurrency is still only ten years old and it will still be developing for a very long time, and we don’t know what it will be at the end of its development. Therefore, it is never too late for anyone to join it.
2525  Bitcoin / Bitcoin Discussion / Re: Recent Bitcoin Volatility due to Binance Hack ? Market Manipulation on: May 12, 2019, 06:37:01 PM
Hi,

Since most of the cryptocurrency traders and investors are in Binance, and the price can mostly be followed from there due to the larg coin market cap traded,

And with recent hack, it seem that the hacker gained access to many users accounts using API of users affected by the breach, don't you think that the market manipulation come from there ?

Because the price change by up to 500$ in a period of one day or less.

Waiting your opinion.
The recent hack of the Binance exchange, as we see, did not affect the continued growth of Bitcoin and the cryptocurrency market as a whole. After the hacking itself, the market continued to rise for several days. Today began the usual correction rate of Bitcoin. This was supposed to happen. Correction is necessary for its further growth.
2526  Economy / Economics / Re: Russia to replace USD reserves with Bitcoin on: May 12, 2019, 02:23:00 PM
Due to US sanctions , Russia may well start to invest its reserves in Bitcoin. Ive heard this rumour for months, but it looks more and more logical and likely.

https://toshitimes.com/russia-plans-to-replace-u-s-dollar-with-bitcoin/

This article sums it up pretty well and if it does become true, it will surely bring a very strong bullish trend .




The Russian government has long shown interest in cryptocurrency in connection with circumventing international sanctions. Therefore, it was Russian specialists who, on the instructions of Putin, helped the President of Venezuela Maduro to create their centralized cryptocurrency El-Petro precisely in order to avoid international sanctions. Therefore, it is likely that they will learn from the experience of Venezuela. However, we see that they do not create their cryptocurrency so far, this would attract too much public attention. Therefore, most likely, they will buy Bitcoin or another decentralized cryptocurrency. As always, they will act in secret and if they are exposed to this, they will traditionally declare that it is not they and they did not do this and in general they were not there.
2527  Alternate cryptocurrencies / Altcoin Discussion / Re: No more time to waste on: May 11, 2019, 05:22:28 PM
Yeah I know what you fell men, I have a lot of altcoin from bounty without value. Its suck I know. But I still do bounty just for fun, just took 2 or 3 bounty. If you want profit, I think investment in bitcoin or ethereum still the best
Yes, I also have most of my tokens no value. I think you do not need to despair. Many teams are now deliberately not putting their tokens on the stock exchange, to protect them from a sharp drop in price. Also, many projects prefer to first make their product, and then later put their token on the stock exchange. Therefore, I think that many of them will eventually show themselves and some of them will give us a good profit.
2528  Alternate cryptocurrencies / Altcoin Discussion / Re: What Will Happen To Ethereum Price in 2019? on: May 11, 2019, 05:05:57 PM
Just wait and see for what ethereum will do in this year because ethereum will give a surprise to their fans so you can hope that ethereum can increase the price to the higher price. But you cannot know when the time and you only need to be patient for a while. Ethereum is one of the strong coins in the market so just believe in ethereum and ethereum will answer you Wink
Probably, no one expected such a large increase in the price of Bitcoin lately. In fact, Bitcoin again never ceases to amaze us. Now he has almost reached the price of seven thousand dollars. Following Bitcoin, other types of cryptocurrencies are growing, including ethereum. Ethereum today for the first time in a long time, has risen in price to 190 dollars. Therefore, Bitcoin will grow, ethereum will grow in price. It is worth saying that ethereum is in itself a very promising coin, and if it were not for the price dominance of Bitcoin, then it itself would have increased in price and popularity.
2529  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about Crypto now? on: May 11, 2019, 04:50:01 PM
the price development that occurred in crypto today really shocked many people. I saw some people selling their assets. well, maybe they have been waiting for this moment. I feel that crypto price increases, or market developments will not stop here, even this will continue. many people suggest holding back assets from now on.
The price of bitcoin is not something that grows, it exploded right today. Some time ago I looked at the CoinMarketCap table today, the price of Bitcoin was $ 6,787, then $ 6,880, and in just half an hour already $ 6,944. Against the background of such growth, even ethereum has risen to 190 dollars. This is already interesting. How long will bitcoin grow and where will it stop?
2530  Alternate cryptocurrencies / Altcoin Discussion / Re: Are investors realizing that IEO is a silent scam? on: May 10, 2019, 05:48:39 PM
I can't say that because there is no strong evidence yet, but seeing more and more IOs that are unclear at this time makes me even more convinced that IEo itself has a lot of games and it is also possible that it will be the same as its quality ico.
For now, IEO projects are much better than ICO projects. In fact, these are the same ICO projects, only with a certain amount of fraud prevention and listing guarantee on a certain stock exchange. Partial resolution of these major issues facing ICO projects distinguishes IEO from ICO. Therefore, it cannot be said that IEO projects are a silent scam, although they may well be a scam.
2531  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoins do you think will outperform btc in the upcoming crypto summer? on: May 10, 2019, 05:29:38 PM
Please justify your recommendations so that others may taken an educated decision.
Bitcoin is firmly taking the place of the cryptocurrency leader. Its level of capitalization is greater than the capitalization of all other cryptocurrencies. This means that Bitcoin firmly holds its position and therefore it is too early to discuss the issue of its displacement. Cryptocurrency is developing very quickly and over time, the loss of a high level of capitalization by Bitcoin is inevitable. What will happen next, while no one can say.
2532  Economy / Speculation / Re: Is Bitcoin on its way to $20,000? on: May 10, 2019, 05:20:03 PM
So far, I think, Bitcoin does not set such a task. This year, reaching the price of Bitcoin to the level of its previous price record - $ 20,000 is not realistic for it. It will be much better if Bitcoin and another cryptocurrency this year will grow slowly, but constantly. The best price for Bitcoin by the end of this year will be approximately 12,000 -13,000 dollars.
2533  Alternate cryptocurrencies / Altcoin Discussion / Re: Gaining Access To Your Private Keys From Your Public Key - Possible? on: May 09, 2019, 05:42:05 PM
The public address of the wallet and the private key of it are two different codes that have no interconnection between them. Therefore, knowing the public address, it is impossible in any way to access the secret key of this wallet. Both of these sets of numbers and letters fall into one purse in a purely random fashion.
2534  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: For those bounty hunters who can hardly relate on: May 09, 2019, 05:27:35 PM
Just read and can not get rid of the feeling that is written about me. Recently, many ICO projects behave in this way, but what irritates me most is the requirements to perform any action not indicated in the original version of the bounty campaign. Such as conducting an KYC verification, downloading mobile application, registering on the site, etc.
It's right. Back in 2017, we had no idea about registering on the ICO campaign website, even registering with their telegrams, and even more so about KYC checks. We wrote messages, followed the calculation of rates in the table and then waited for the appearance of tokens in our wallets. Now, the ICO teams seem to be competing among themselves, who will come up with additional responsibilities for bounty hunters. Therefore, many simply abandoned this activity. The KYC check after the expiration of the ICO is especially annoying, when we are told to follow our social networks, in a month or two we will additionally announce the KYC check. It’s as if we have nothing more to do and we have to read hundreds of messages in their telegrams almost every day so as not to miss the opportunity to check KYC, because we can lose the right to receive earned tokens. Absurd. KYC verification has simply become a form of fraud against bounty hunters. In addition, such verification is generally illegal in respect of participants in the campaigns of the ICO bounty.
2535  Alternate cryptocurrencies / Altcoin Discussion / Re: Courage for cryptocurrency participants on: May 09, 2019, 05:00:33 PM
I agree with you. Therefore, not everyone can succeed with cryptocurrencies, because they do not always have enough patience or courage to commit any actions and in the end they leave crypto. Crypto is only for brave and determined people.
Cryptocurrency does not require bold decisions from us, because in this case, courage can be replaced by recklessness. Here, first of all, knowledge of the cryptocurrency market is needed, and opinions must be balanced and based on experience.
However, in any case, we will inevitably incur either direct losses in cryptocurrency, or very often we will lose the opportunity to make a profit with our correct actions.
2536  Alternate cryptocurrencies / Altcoin Discussion / Re: Hardcap ICO is no guarantee that the project will succeed on: May 06, 2019, 05:40:40 PM
Hardcap is also not a sign of success in IEO projects. This is just a confirmation that investors believed the ICO project team and gave them their money. In the future, it all depends on the actions of the ICO team itself. It can escape with the money received, or spend it inefficiently, or their activity will be crowned with success and then their tokens will increase in value.
2537  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Stablecoins A Necessary Evil? on: May 06, 2019, 05:58:56 AM
Why hold stable coin, when I can keep my money in fiat currency, stable coins are not cryptocurrency. Stablecoins are regulated and centralized which is not a feature of any cryptocurrency.
Stable coins make it easier to work with cryptocurrency. They are not really intended for a long storage period. It is convenient to use them when you need to quickly withdraw funds from a particular  cryptocurrency, but the time has not yet come to invest these funds in other coins or to withdraw them in fiat.
At the same time, if someone does not like to use them, it is their right.
2538  Economy / Economics / Re: Crypto Scams are a global issue on: May 05, 2019, 07:07:04 PM
This crypto scams might be the reason why some group of countries called G20 are planning to create a global regulation to prevent illegal use of cryptocurrencies. Cryptocurrency scams are still increasing around the world and these perpetrators are mosly using social media and other online mediums to victimize people. This global issue can be solve if all countries cooperates and create a common global stand to combat crypto scams.
Most likely, it will be so. States alone will not be able to deal with global fraud on the Internet. In order to successfully combat such fraud, common efforts, common rules and, if possible, a single center for coordinating such efforts and sharing information are needed.
In any case, the activity of the ICO should be administered to check the ICO team for the likelihood of fraud and it should be run by the local government authorities of each state.
2539  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON has announced that the DApps platform will comply with Japanese law on: May 05, 2019, 06:52:48 PM
OP, it could be nice if you add a link to english version of the article. Because this one is leading to Japanese (or some other asian dialect) version and switching to english is removing you from the article.
Also this thread should belong to Altcoin Discussion board instead of this one.

So how will they achieve this without breaking decentralization or the blockchain?. My guesses are,they will desecrate the blockchain,  centralize it, use censorship, remove immutablity, introduce trust/permission, become a CEO of blockchain lol (heard there is already a CEO of tron)
That's the way everything could work if it happened in China. But Japan is well-known as a crypto friendly country with crypto friendly laws and big amount of users so nothing tells us that someone is going to centralize TRON.
I also think that there is nothing wrong with that. Japan is one of the first states to legalize cryptocurrency in April 2017. Perhaps Tron wants to establish itself in the cryptocurrency market of Japan. In any case, the popularity of this coin should not suffer from such a step. Tron is now the other way around, well developed.
2540  Economy / Economics / Re: Should there be a tax on capital gains? on: May 04, 2019, 04:25:10 AM
I do not think that it is necessary to impose a capital gains tax in cryptocurrency. Cryptocurrency has a very high price volatility. It can rise sharply in price and also fall sharply. For one reporting period, it can rise, for another fall. There will be a need to return the tax paid. The tax is taken mainly when cashing cryptocurrency in fiat. Therefore, it makes no sense to introduce a tax on profits from which the tax has already been paid.
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