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3201  Bitcoin / Bitcoin Discussion / Re: When will the crypto-currency market become mature? on: April 04, 2018, 06:19:12 PM
I read the statement of Professor Cornell Emin Gen Cyr, who said that the mature market should have assets that work independently of each other.

"Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.

So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
This is indeed a good global issue, to which it is not yet possible to give an unambiguous answer. The crypto-currency market, we can say, has just started to develop, we saw that it is more dynamic and has a good survival rate in comparison with the stock market. For me personally, it is also a mystery why other crypto-currencies almost exactly copy the price movements of bitcoin and what needs to be done to get rid of it. What would happen if bitcoin were removed as trading pairs on the exchange? If we leave for this ethereum, litecoin and some others? Maybe the crypto currency would behave more freely? Or again, would it have been a tough price binding already to ethereum? If so, can it eliminate the direct trading pairs between the crypto-currencies, and leave only the pairs of fiat-fiat and fiat-crypto-currency?
3202  Bitcoin / Press / Re: [04-04-2018]Russian Security Chief Says Cryptocurrencies Is Tool For Terrorist on: April 04, 2018, 05:52:29 PM
The Russians were always distinguished by their stupidity. Some Russian writer said that Russia's eternal problem is fools and roads. It seems to me that this is the case. Bitcoin is only a currency. Everybody uses it. I recommend that Russians ban dollars. The terrorists are making more use of this currency for funding terrorist attacks.
And even let them ban kitchen knives in Russia on the grounds that it is a weapon of murder. Let them eat food with their hands and teeth, if they do not like technological progress. People should use what is convenient for them and makes our life easier and more comfortable. And the task of the Federal Security Service is to catch criminals, so let them be engaged in their direct duties, and do not indicate how we should live.
3203  Other / Beginners & Help / Re: Questionable wealth because of Crypto on: April 03, 2018, 05:17:29 AM
Our Government here will always question people who become rich instantly, sometimes they will relate all the wealth to drugs and smuggling so they can send us to jail for a questionable wealth and not paying taxes. they will do background checking, even if they dont find any illegal activities we did they still think that we do illegal. What if I become rich because of BTC do you think they will believe if I say that its bitcoin that making me rich? How will I explained to them?
In my opinion, in any country, government agencies must prove the illegality of sources of wealth, and not you have to prove that your money you earned honestly. You just have to specify this source, that is, in this case it will be a deal with crypto currency. If in your country the crypto currency is not legalized yet, however, it is not forbidden, then you have nothing to fear. As a general rule, everything in business is not prohibited, has the right to use. If in your country circulation of the crypto currency is already settled, it is necessary to find out whether the taxation is established on the profit from operations with the crypto currency and pay the corresponding taxes. Then, I think, all problems will be lifted.
3204  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin legal on: April 03, 2018, 04:57:07 AM
According to the general rule adopted in most countries, legal actions in business are any actions that are not directly prohibited by law. That is, if the state does not directly recognize the crypto currency as illegal, it can be considered legitimate. However, for its legal operation, it is necessary to have separate normative acts of state power and government bodies. This is primarily necessary for the classification of this new type of financial relations and its legal place in society. Therefore, in the near future all states will be forced to consider the issue of legalization of the crypto currency and other related issues, such as taxation and the peculiarities of its circulation on the territory of the state.
3205  Economy / Speculation / Re: Where is the end of this falling tendency?? on: April 02, 2018, 07:51:39 PM
The price of bitcoin is continuously falling.It reached 10k,then was stable between 8k to 9k.And now!Again falling and now it's 6954.00??Now what??Will bitcoin die this time?
It is quite obvious that bitcoin is being omitted now in the price deliberately. We have seen a number of cases when false negative information was organized against the crypto currency and bitcoin, objective difficulties with the cryptoplyut were greatly exaggerated, etc. This is what some of the unstable psychologically bitcoin holders want to sell their bitcoins at a low price in order to earn further on this . Therefore, after a certain time, bitcoin should again rise in its value. However, to say how much it will cost afterwards is rather difficult. The latest cautious forecasts of experts are $ 20,000. by the end of the year. Perhaps it will be so.
3206  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to participate in ICO's? on: April 01, 2018, 01:33:54 PM
Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.
Investing in current ICO projects has always been associated with an increased risk that many ICO campaigns are fraudulent and the invested funds will disappear along with the ICO team. Therefore, you need to do this carefully, carefully checking the project ICO and his team. However, after this, it can not be guaranteed that the project will be successful, since it may be unclaimed and not raise enough funds. Therefore, investment is always at your own risk. However, with a successful investment in a good ICO project, the profit is sometimes much greater than investing in well-known coins with good income.
3207  Alternate cryptocurrencies / Altcoin Discussion / Re: G20 Summit 2018 on: April 01, 2018, 01:04:26 PM
The G20 news has a significant impact to the behavioural pattern of cryptocurrencies prices in the decentralized markets.  It's a great fundamental tool which has made the prices of tokens to take a positive leap recently. Thank God for this wonderful news.
Since the G-20 summit, in principle, spoke positively about the Crypto-currency and there was information that its representatives were in favor of recognizing the Crypto-currency as a financial asset, this would have a positive effect on the Crypto-currency after July, when they will meet next time and will make a similar decision. In addition, after such a decision, one should expect that the majority of G20 countries recognize the crypto currency and it will start to be introduced into our life much more quickly.
3208  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is ETH also a bubble like bitcoin? on: April 01, 2018, 12:44:24 PM
The property of the bubble is only bitcoin, when it rises sharply in price due to the increased speculative demand for it. Ethereum never rose sharply in price, its rate is more stable, so this coin never behaved like a financial bubble. Ethereum can still significantly increase in price in excess of its previous price record in December of last year and is unlikely to detect signs of a bubble, as it performs more diverse functions than bitcoin.
3209  Economy / Speculation / Re: Is bitcoin will end soon? on: March 30, 2018, 06:20:04 PM
As you can see from the last couple of months price of bitcoin going down and down..
Is this the beginning of the end?
No, the end of the next stage of the decline of the bitcoin course is approaching and its next growth will soon begin. It is already necessary to get used to the very high volatility of bitcoin and that after the fall its growth always follows. According to the growth schedule of bitcoin prices, for every two steps back, bitcoin then makes five steps forward in its value. Therefore, soon we expect a good growth in the price of both bitcoin and the entire crypto currency.
3210  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should the price falls affect the bounty price? on: March 29, 2018, 05:24:13 PM
A few times ago, the reward we achieve from 1-2 bounty projects still allow us to walk like a cassanova hero.
But nowadays, with prices keep unstable, should project owners reconsider the token rewards they offer?

Opinions?
The ICO team for the generosity campaign allocates a few percent of the number of tokens produced. In conditions of a general market fall, these tokens also fall in price, so I do not think that now the ICO team should reconsider the size of the generous bounty hunters. This revision could only take place if the size of generosity were fixed and would not depend on the fall of the crypto-currency market.
3211  Alternate cryptocurrencies / Altcoin Discussion / Re: How to choose bounty? on: March 28, 2018, 05:17:24 AM
When I choose the ICO project to join it as a participant in the signature campaign, I look at many factors. First of all, I look and choose a project for the importance of what will do a token for the community, that is, how much it will be useful to him and tokens will be in demand and, accordingly, grow in value. Then I look at the price factors and if everything suits me in this respect, I turn to familiarize myself with the ICO team, they are professional. Also given their nationality and country of registration. Further I pass to the conditions of joining. If there is a possibility of passing KYC, I leave this project, so it would not be tempting. Next, I'm already looking at the number of messages that will be written and in which sections, whether the table is maintained, which is very important, because you can not only track whether your work is being phased in, but whether the project is supported at all, and whether something has happened to it.
3212  Alternate cryptocurrencies / Altcoin Discussion / Re: I lost half of my crypto amount! what to do? on: March 28, 2018, 04:57:13 AM
So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
Now in the same position are all the holders of the crypto currency. Everyone looks at their digital assets, which are reduced if they are counted in fiat. We just need to remember that we do not lose until we sell our coins at these low prices to ourselves at a loss. The coins you choose are quite promising, so there is nothing to worry about, with the growth of the market they also need to increase in price. While you should relax and wait for better times for our coins.
3213  Economy / Speculation / Re: Reasons why Bitcoin is droping: on: March 27, 2018, 06:58:15 PM
The bitcoin is no longer collapsing. On the contrary, it is being restored. After the release of its new version, its transactions and commission fees come back to normal. A number of other improvements are also expected that will allow its use for daily purchases. In addition, it is planned to raise the level of its confidentiality and the ability to use its platform for smart contracts. Therefore, bitcoin will be updated soon and will acquire various useful functions.
3214  Bitcoin / Bitcoin Discussion / Re: What if another altcoin surpasses BTC in value? on: March 27, 2018, 06:44:12 PM
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
While in the near future there can not be such that any coin overtakes bitcoin by capitalization or by value. Bitcoin is still inaccessible for any coins. Therefore, in this plan, he has nothing to fear. In addition, given the planned improvements in bitcoin, it is expected that its popularity will soon be in line with the leader of the crypto currency, and then all these assumptions will be given by themselves.
3215  Bitcoin / Bitcoin Discussion / Re: Transaction fees are a tax on BTC on: March 26, 2018, 06:23:25 PM
Transaction fees may be a form of tax but it is worth paying it. miners can't validate our transactions for nothing. while it may be considered a tax, it is also someone else's job. the whole of the bitcoin and cryptocurrency space has to have different niche for balance and stability purposes.
Transaction fees can not be considered a form of tax. The tax is always paid in the state income in connection with the increase of your profit. Transaction fees are just a payment to the miners for the maintenance of the blockchein system, on the basis of which all decentralized crypto currency functions. That is, the fees for conducting transactions are just an internal payment that ensures the functionality of the crypto-currency system and can not be considered a payment of tax to the state in any way.
3216  Bitcoin / Bitcoin Discussion / Re: Will the price be stable? on: March 26, 2018, 06:10:34 PM
I think that the price of bitcoin will be unstable at all times. Crypto currency reacts very strongly to different news information, so its value is almost always in motion. Moreover, I think that with an increase in the price of bitcoin, its amplitude of oscillations will only increase in proportion to the growth of bitcoin cost. When the price of bitcoin increases substantially, each bitcoin holder will listen to the news to prevent a significant drop. Therefore, the emergence of negative information will be accompanied by a certain drop in the rate of bitcoin, since the nervous at the slightest risk will sell it. If such a sale takes a mass character, then panic can begin and bitcoin can begin to depreciate very quickly. Such dramatic events, I think, will happen quite often.
3217  Bitcoin / Bitcoin Discussion / Re: KYCs (Know your Client) is killing crypto on: March 25, 2018, 07:12:51 PM
When I was starting to get involved in crypto-currency, one of its features that attracts me is the privacy it gives you. Now with all those KYC being required in exchanges and in ICOs and other platforms, some people are beginning to be hesitant in their activities in crypto.

Checking KYC is a very unpleasant procedure, which, if possible, should be avoided. Investors may not buy tokens in the ICO campaign, which tries to get your personal information from you. We can also apply only to decentralized exchanges and exchangers that do not require the provision of such data. If many will do so, centralized exchanges and exchangers will decline.
3218  Bitcoin / Bitcoin Discussion / Re: Banking will still be significant until cryptocurrencies can "stand on their own on: March 23, 2018, 05:36:48 AM
The development of the crypto currency can not lead to the collapse of the banking system in the future. Banks will always exist, since they are a prerequisite for the existence of any state. All financial issues, any fulfillment of the economic development plans of the country are carried out through banks. Crypto currency in this matter will not be able to replace banks, since it has greater volatility. Therefore, if the crypto currency will pose a significant threat to the functioning of banks, it is likely that the state will limit the circulation of crypto currency, protecting the efficiency of banks.
3219  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ripple the currency of the future? on: March 22, 2018, 10:22:25 PM
Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?
Ripple was developed to serve the banking system and therefore it can not become a global digital currency. This coin should work within the banking system and its considerable use as a means of payment is hardly possible. In addition, This coin is completely centralized and can not stand in line with decentralized tiiri coins.
3220  Alternate cryptocurrencies / Altcoin Discussion / Re: [POLL] KYC - to fight or reconcile on: March 21, 2018, 09:40:19 PM
Because of the frequent cases of sudden statements about the conduct of the KYC procedure at the end of the bounty campaigns, I ask the community to answer this question:

Do we need a trade union of bounty hunters who will try to protect their members rights in such cases or not?

Thanks.

In this case, apparently, this form of protection of their interests as a trade union is not good. We all participate here on this forum anonymously. Apparently, it is necessary at this forum to agree and work out a general strategy for boycotting ICO campaigns that require KYC verification in the signature campaign participants. It is necessary that they know that if they demand to pass such a check, then no one will join their campaigns to promote their project.
As for the requirements put forward to undergo such a check already after the end of the ICO campaign, this tactic will not work here. This is actually a deception of the participants in the signature campaign, if under conditions of joining such conditions there was no, and pass the KYC test required at the conclusion of the ICO. Here it is already necessary to decide at the level of the leaders of this forum that they establish clear rules for the ICO team with the demand that such deception should not occur.
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