It doesn't matter much for facebook had a lot of subscribers.
It will be easy to advertise this coin even without the support of the said company names.
Maybe it will just be a good addition to their investment just so to make the project quickly improve or be fruitful.
Imagine a token that could be advertised freely with a millions of people connected with them.
In regards to the back out though. It may be because of the government threats.
Advertisement is important for a company to promote its product but it is not that important compared to huge funding that stablecoin needs to have. with the bailout of those giants from their partnership, Libra will face a huge burden on their financial because of the expenses and more importantly the money it should be used as a reserve to stabilize the price had gone out with the bailout of those partners, Facebook might have million of subscribers but it does not mean they are willing to give their money to back Libra up. We are getting near to see the end of Libra @DaMut is totally correct since Libra is categorize to be a stablecoin which need a huge capital that is why they made a lot of partnership with these large companies. They might discover some lapses with the project that lead them to drop-out or maybe it's not profitable at all because those companies are very business minded. Libra coin is not launch yet they are experiencing a lot of issues internally so I was wondering too if they will pursue the launch on the next coming year? |
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I think what has happened is this: China closed down all the cryotocurrency exchanges back in early 2017.
Then Binance tweeted to their Chinese users that they could buy bitcoin with Alipay. The Chinese authorities then put pressure on Alipay to close down any bitcoin related transactions, which is what they've done.
You've got a point there mate but even if they put a stop on a payment services for those crypto related transaction via Alipay, Chinese citizens still have a lot of ways around to do any crypto transactions without getting notice by their authorities because we all know that Chinese are very good at doing business once they've set their mind into it. The Alipay crypto transactions just got exposed that's all. |
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Anything can happen in crypto market and I do believe that some strong altcoins will bounce back and hit a new ATH, don't lose hope just like the Bitcoin believers who are still holding their coin because they knew that everything will be worth it. The time for altcoins will come though it has a long way to go.
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Last week I saw the crypto market of bitcoin and altcoin all fell dramatically because there was competition in gold trading that made all prices fall, is gold investment more profitable than bitcoin and altcoin which are vulnerable to hacking.
You cannot compare gold with cryptocurrency. Gold is a great investment option in history and it will never die. Cryptocurrency is only 10 years old and it can die anytime Maybe you are right about cryptocurrency could die anytime but the technology it provides will exist forever, it is a fact that gold show as a good investment but cryptocurrency offer much bigger rewards in short time or more greater in the long run. It's one of reason why investors choose crypto investment instead gold though the risk is high in crypto due to it's volatility so you must prepare yourself if you want to get involve in crypto investment. |
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I have long been blocked in their telegram group for the question of an excessively rapid fall in prices. Now I understand why they did it. They did not want to say that it was they who were selling a large number of tokens, which led to a rapid reduction in prices. But now, through these etherscan links, I see that it was their plan and they will continue to sell their tokens almost for nothing. They will do this as long as people buy token at any price. This is a pathetic project with very greedy and bloodthirsty animal leaders. These are vampires who suck every last drop from people. I hate this project. Thanks for the information! Now, without thinking, I will sell my tokens. Did the scam accusation has proven? I'm also confused about their website because when I visit the site there is still an option to buy AQU token although the ICO ends last April 2019. It will be totally sketchy if the team start banning members on their Telegram community if someone ask a legitimate questions. Anyone from the team of aQuest could answer this accusation to clear your project credibility? |
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Mass adoption for Bitcoin is growing day by day as more news keeps popping on different well-known media outlets that led more people to be aware of it but for the other cryptocurrency or altcoins the process of adoption is a bit slow. Different companies are now integrating the same technology that Bitcoin has but they don't totally acknowledge Bitcoin yet even though I strongly believe that sooner or later cryptocurrency will be just a normal currency for our daily financial needs.
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In my country there are only 2 Bitcoin ATM at the moment but I expect it to increase by next coming year througout the cities since one of the largest bank here are already on the process of adding virtual currency ATM's, as far as I remember they've a made a few test and just waiting for the approval of central bank.
Increasing Bitcoin ATM's will surely gain attraction since most of the employees here get their salary via ATM so if these Bitcoin ATM's is spread along with the current ATM's then these people will be aware of what Bitcoin is.
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In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
Regulating cryptocurrencies can exist if those have been scammed will file a official report about the incident. Locally speaking, there have been reports like this in my country where at least seven people have been imprisoned because of online investment scam. This could work on crypto if the projects is registered to a governing body but of course they won't be meddling with the decentralized system of the crypto. In this way, the number of scam projects could lessen without losing the features if cryptocurrency. The problem is finding which one will regulate them and secure the interest of the industry. I do agree that we should have some regulation in crypto industry especially on the new created projects who conduct their token sale to safeguard the investors from those scammer, with this we could change the negtative views in crypto investment and attract more people to get involve. Some countries government are taking an action and doing their own research on how to regulate crypto though it could take a lot of years but it is worth it for the sake of cleaning the system in crypto-sphere, we have a long way to go but I'm happy with current positive news about crypto regulation. |
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There are cases where the founding team are also being seen as scammers from bounty hunters since they will stop the campaign when they fail to raise funds, which in result, turn into stopping the bounty itself and make all our hardwork into waste.
We cannot blame the team if they won't be able to distribute rewards since it's on the rules that if they did not reach the softcap there will be no rewards. With regards with what OP said, I don't really believe on altcoin season because anytime will be good time for any new projects as long as they are unique with a solid plans and have a better marketing strategies to ignore the current bear market. |
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Patience is the key on this bearish and highly volatile market of cryptocurrency but your decision-making will play a big role although I made a panic selling in the past but I've learned my lesson with the help of this forum and some advice from my friends who have been involve in crypto-sphere for a long time. Now I have some strategy that I bet some of us used too so whenever I feel that the market is falling down I immediately convert the coin I hold into Tether then before it recovers I buyback them or invest on other coin that gets my interest.
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Hi! I created this thread to know the best ways to increase Bitcoins. I am looking only for the best and secure options. Thanks  there are several ways to increase your bitcoins. it depends on which one do you want. let's take a look at the following: - Freelancing for bitcoin - Trading bitcoin for altcoins - Trading bitcoin for Paypal - Selling digital products - Giving bitcoin loans - Gambling for bitcoin. - Investing in IEO/ICO I think these are the best ways of increasing your bitcoins. Would like to add that you can also earn Bitcoin by participating on different Airdrops then trade the coin/token you received into Bitcoin once it hits exchange though you will not earn a lot from this but it could help you to increase your Bitcoin little by little and most of the task in Airdrop are easy and can be done in minutes and just wait for the distribution. |
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I do not think that the push will be universal. I believe those who are knowledgeable about Bitcoin will be the one who will transfer their fiat currencies into Bitcoin. Institution won't do that because they are more conservative and always want the less dangerous road to take. Since Bitcoin is a very risky but high reward commodity, these institution will not gamble in it. So I can say not all people will be pushed to Bitcoin because of this economic situation.
You may have a point here, but its the young generations that can push these bitcoin. Millennials, are knowledgeable enough especially this digital assets (not decentralized). Happenings in Hong Kong, those rallies push the bitcoin or crypto trading. They are looking for other option and cryptocurrencies are the favorable choice now. Look also to Venezuela, Africa etc., bitcoin is a viable option. Though the issue of volatility is there, some has no choice. I totally agree that Millenials could be the main reason for Bitcoin to push in the next coming years as they easily adopt new techonlogies, and I guess that the project owners knows that as well, for example on my country there are some blockchain projects that is conducting events to introduce blockchain and cryptocurrency on different universities because they knew that these students will be the key for cryptocurrency to achieve success in the future. |
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I just want to add that if you want to review your token balances for a specific address then just use a blockchain explorer like etherscan.io and insert just your public key or wallet address, with this you do not need to input your private key every time you want to check your balance. I'm just adding this because one of my friend was like this before until he learn that he can still see his balance without logging-in his private key.
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The fact that bitcoin is illegal there, I found it amazing how brave the owner is to promote and even directly naming his cafe with "Bitcoin".
I bet the owner of that cafe is one of the early adopters of bitcoin since Bangladesh banned virtual currency from 2014 until now. The owner is truly amazing for showing his appreciation in bitcoin and other cryptocurrency by creating a cafe with the bitcoin name on it, we need more people like the owner for us to grow the community much stronger and bravier than before. |
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That is true, but with IEO this days, projects become less scam, and more trusted
This is the main objective of the IEO but in reality, Exchange doesn't care about the project development after IEO. So basically you put your trust in exchange decision making and once failed which might happen since human error is always possible then investors face major risk since most of them will invest huge chunk of money because if there trust. I will give some examples, CelerX launch on binance launchpad, They have successful IEO and look now what happened on the project and the token valuation. Those investors that still hodling suffer from huge less. But we can't deny that IEO is much safer than ICO but still a risky investment compared to what they are claiming. Binance launchpad is hot on the eyes for some investors or traders who wants to earn a quick bucks, since every project they launched got so much hype and help the price of the coin to rise but at the end of the day they just became the same project that was conducted their IEO on other exchanges. Then those who participate start complaining in the team when in fact it's their own fault for not doing their own research at the first place. |
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Of course, potentially cryptocurrencies are competitors to the banking system and some governments are really afraid of the further development of cryptocurrencies and their global recognition. I believe that if it is reasonable and gradual to introduce technologies related to cryptocurrencies in the banking system, then we will all benefit from this.
If the banking system will adopt this chain it will bring a good help, the only issue is they are not in the position of seeing the potentials, they are afraid of this system as it can ruined the business. From that point the government fear that financial sabotage can be done by the help of cryptocurrency. Without control and jurisdictions money can flow around and it will be the safe haven for money launderers. There are some banks who are now starting to make a lot of test of blockchain technology and tokenization for their own system but they never announce that they fully support Bitcoin or other cryptocurrencies. We all knew that in the past and until now cryptocurrency is sometimes used for illegal activities which is alarming for the government. |
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i think they are just people who are told by other parties so that other people have a bad view of crypto
we must know in detail the motives for the crimes they commited, therefore we cannot accuse without certainty of clarity
It is one of the reason why crypto image is beggining to look bad, but the other thing is, crypto is being used in illegal activities which is really hard to locate because of its anonymity. If bitcoin was introducedbformally in the public, they will know the true purpose and use of bitcoin, that this is not only for illegal things. That is the bad side of crytocurrency which is very hard to erase, we adopt and like this new technology because of it's decentralization but those people who have some illegal activities took their chance by using the same technology and transfer their money in different countries without being noticed by the government and I think that it is one of the reason why KYC was implemented by SEC. |
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in the end the Bitcoin market is controlled from the btc whales . Same on the fiat market the riches control the market  regards Sad story but it's the truth since we have a decentralized market anyone can own BTC and this whales has entered the market who has the power to make big impact on Bitcoin price, let's just hope that they won't do it intentionally since they are already rich  |
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Some just want to avoid taxes by converting their money into Bitcoin, in my country a lot of Chinese people are making a P2P transaction with Bitcoin holders here because they want to move their money around the world without the government noticing it. people are investing in Bitcoin because they have their own beliefs and use of Bitcoin.
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If you have no other choice but to use other people's computers like the very public and probably full of trojans Internet cafe PCs, I suggest you bring your own bootable USB with a Linux OS. That's what I do to isolate some wallets. You just plug it in and you have your own desktop and harddrive source. I use Ubuntu. These Linux USB drives have universal drivers for video, audio, and network.
This is a good option for OP if he don't have any choice although accessing Bitcoin wallets on different or public computers is not advisable as it's likely you get hack by the owners or other user of the computer. I've never try using a USB with a Linux OS on a public internet cafe so I'm wondering if you will still get the virus by just plugging in and boot to it? |
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