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January 26, 2020, 02:22:41 PM *
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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin bank, Necessary? on: Today at 02:17:31 PM
You are the bank with bitcoin. You and everyone else that makes up the network and keeps it secure. There is no need for a bank. A bank just means someone else has control of your funds. What would the advantage of a bank be? To stop you from making mistakes? It cannot be undone not even with a bank can undo a transactions come to the address. It's better to use gold as a bank and store of value. That way you won't have to worry about inflation either.
I don't see a big reason as to why people would need to create a bitcoin bank aside from the fact that they might want to pass the blame on to others when time comes and everything went bonkers. Bitcoins are decentralized cryptocurrencies, putting them on na bank defeats the whole purpose of being "decentralised". Aside of that, as you have mentioned, bitcoin promotes a user-based network where it's the users who do the work for themselves, no huge corporation needed. If anything, I see this bitcoin banks as big targets for cryptocurrency theft if ever they will be established.
2  Economy / Services / Re: [OPEN]Sudokuwallet Signature Campaign | Sr. Members + Hero/Legendary | BTC RATES on: January 25, 2020, 12:47:20 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1075222
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3  Economy / Services / Re: [OPEN] EARNBET SIGNATURE CAMPAIGN | SENIOR, HERO & LEGENDARY MEMBER | on: January 25, 2020, 09:35:30 AM
Username: Twentyonepaylots
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I have 158 earned merit within 120days, I hope I can be part of your campaign
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Can the price of Altcoin be good by the end of 2020? on: January 25, 2020, 05:19:30 AM
Most people waiting for the 2020 halving right now its hard to know what will happen in the next couple of months but the possibility to increase the price of altcoin are always high. If Bitcoin back to its all time high I'm sure most altcoin will follow its trend.
That is a definite assumption, but I often think that if bitcoin is pumped very high and then falls deeper below current prices, it is likely that altcoin will suffer a worse fate.

many users also want the adoption of altcoin technology with public companies as an alternative to price increases, but there has been no progress to date, their steps have not moved prices significantly.
Most altcoin, especially those who heavily depend on bitcoin's technology follow bitcoin's price trend. That's why a lot of people are really looking forward not only for bitcoin's value to increase in the halving but also some of the most prominent coins in the market. And that being said I believe that if everything goes well this year's gonna be a good year for bitcoin and most altcoins in the market altogether.
5  Economy / Economics / Re: Crypto Taxation on: January 25, 2020, 04:23:47 AM
Yeah youíre right, the government always wants to take tax from every business and when itís not working out for them they declare it an illegal asset and try to prevent their citizens from making use of it. Thatís why they are trying to take total control over centralized cryptocurrency exchanges by regulating them, since they canít regulate cryptocurrencies like Bitcoin directly due to its decentralized nature, centralized exchanges now serves as a gateway for them to gain access into the crypto world and accomplish their plans.

I guess for the sake of welfare of our nation, anyone will be preferring taxes but only for availing goods and services and not for the income. This is my personal opinion and everyone must be having their own view on paying taxes for building their country stronger.
Sad to say, it's just how things go most of the time. Even I am a critic of taxing cryptocurrency transactions since after all it defeats the purpose of cryptocurrencies being decentralized in the first place. But if you consider the fact that it'll allow cryptocurrencies to be much more accepted and accredited by your local government almost outweighs the feeling of being taxed. Until we can find a way to ensure cryptocurrency transactions safer and a bit more convenient than what it is now we might need to put up with what the government wants
6  Economy / Economics / Re: is it possible that the bitcoin was created by governments? on: January 25, 2020, 01:48:00 AM
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

It can be a theory, there are a lot of theory but we know that the government was against by crypto so how can we believe on that theory? Bitcoin was created year 2009 so we can say that there are some explanation because 2009 was not that old.
Its really contradictory if we do think and compare carefully.What the hell on that kind of thinking to say that government is the one who made btc?

They are just burning theirselves to their own yet we know on what are the things that Bitcoin do have.So simply means they arent the ones who created this stuff.
If they do then they wont really be that worried too much because we know that government do likes manipulation and controlling everything.
I think there are need to know the definition of Bitcoin first, what it is and how it works. Why would governments and central authorities would create something of decentralized nature? Why would they create a threat for themselves? Why would they let people get benefit out of something that is against them? The answer to all questions is never, not in any case. Anyone can be the developer of Bitcoin and crypto except government.
Indeed. Everyome could really create their own cryptocurrency, but it is really impossible for the government to create bitcoin because what are the reasons why they created it if they couldn't control it? and why they let people to earn huge profit from it for freen, if they don't need to pay taxes? There are really a lot of questions that we can ask to the government if they are the ones who created bitcoin.
That's the main point, we cannot never say that givernment is the behind the creation of the bitcoin. Satoshi is anti fiat money and that is why he created a cryptocurrency which is bitcoin. We all know that government have control over fiat money so why will they create a currency which they have no control. They cannot also get taxes in using bitcoin as transactions.
The government has never really created bitcoin in the first place because bitcoin is a decentralized that it cannot be controlled by anyone else even the government. Bitcoin was really created named Satoshi Nakamoto who is not one of the government and a person who is not in favor of the government policy and fiat.
Governments wouldn't want a competition, more so create one. The fact that bitcoin directly competes against fiat currency already is a dead giveaway that they aren't the ones who did it. Another would be the fact that it's decentralized, no large corporate entity could hog the profits they could've got with bitcoin. And as we all know, the Government will do anything in it's power to get money. Even with those 2 reasons we can safely assume that it is not the government who created bitcoin in the first place.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Fun and interactive way for token holding on: January 24, 2020, 04:28:52 PM
I have never participated in such an event by holding a token and will get rewarded with the specified time, and I think tokens like that tend to go down more because if more people participate, the more they sell and the price will continue to fall.
I am not at all interested in tokens like that. I better hold the tokens to the time I want or when the tokens go up, I sell it, it's the same as getting a reward from the sale.
I don't see anything interactive with this either. It's like being incentivised for nothing. You could've used that time to trade cryptocurrencies and earn more than the incentives you get on that. But it's still up to you. Guessing you're not really into trading and are more into holding. Which if is the case, then this definitely will work for you. However, I don't see any future on a token that does this.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: New investors are too impatience on: January 24, 2020, 03:48:18 PM
Maybe you have a point for that, Because investors now have the impatience of waiting the year to earn a profit and get their ROI back.

But today is not the same as before, no good project and not worth it to wait long to earn a bigger profit. Just like the altcoins I received before from bounty hunting so far have not been rising in price, I know that I have no invest  money here but my salary or rewards are unacceptable because of its low price, and further fall due to assuming that holding coins for many years will become key to have millions of profit.
Still, there are a considerable amount of impatient investors in the cryptocurrency investment world right now. And it's scary because they are the ones that cause dumps in the market. That's why setting proper expectations is really important especially if you are convincing someone who is not acquainted with cryptocurrency investing. In that way it wouldn't cause any losses in the long run. Tell people that cryptocurrencies are not a get-rich scheme. In that way only those who are really into cryptocurrencies will remain.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you involved with Crypto? on: January 24, 2020, 01:52:34 PM
every circumstance must have a period, at which point there will be a saturation point for every major. including the world economy and finance. rapid change and movement requires rapid means. blockchain was created to overcome any delay in economic and financial transactions. because traditional systems and facilities are already unreliable for fast work ... blockchain and bitcoin create a lot of things, starting from transactions, saving assets, and even the workplace. I entered crypto because of work factors. Cripto has made many changes in my life without having to become a full time worker.
As for me, I saw potential on cryptocurrencies because it gives us this ability which we can't get otherwise from fiat currencies. It's decentralized nature makes it so that there are no 1% who can hog all the money there is. In bitcoin we can expect faster transactions which would cost a fortune in fiat's end. That's why I got involved and invest  in bitcoin's future.
10  Bitcoin / Bitcoin Discussion / Re: Okay. Billionaire investor says Millennials should invest in bitcoin. So? on: January 24, 2020, 01:11:42 PM



What do you guys think?

I am late 20s. So i think i am a millennial.

But only holding half BTC, should i go more for BTC?

The earlier the better, but you have to ask yourself, can you take the risk? How do you feel when the price seems to fluctuate that much? Or see that your investment is somewhat on the losing end?

So it's really hard to give someone financial advises here because of so many factors. It really depends on your risk-appetite.
Not everyone can afford to buy a whole bitcoin, so it really depends on how much are you willing to risk into investing. Bitcoin is not a get-rich scheme so we can't guarantee that your money will grow exponentially here. We are here because we saw potential on bitcoin surpassing fiat, almost disregarding its profitability. But it's still up to you. If you wanna throw in some more that's fine.
11  Economy / Economics / Re: Cryptocurrency usage will boost economy or make it worst ? on: January 24, 2020, 12:02:37 PM
What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?
It will probably gonna boost the economy of a specific country because we all know that cryptocurrency provides a faster transaction. The faster the transaction the faster the movement of the economy that is why if they accept crypto as a part of their transaction, it will for surely gonna have a huge impact to the economy.
Well, I don't think so, except for crypto, the services of banks in money transfer and deposit are still very fast but obviously, the economy can only grow to a certain extent, crypto as an alternative in this position, it cannot have a strong boost. Especially when crypto still has too many weaknesses in transactions, the banks are not directly managed, every problem that happens will have no resolution and sometimes need waiting, if crypto is truly impacting the economy, it will certainly be a negative direction
Yeah, the current situation disallows bitcoin to become widely used for monetary transactions sad to say. But with enough development and support from everyone, it should have the chance to be widely accepted just like how debit cards or credit cards work. bitcoin is already there, we just need to play the waiting game.
12  Economy / Services / Re: [OPEN] SmartMixer Signature Campaign | Sr./Hero/Legendary Members on: January 24, 2020, 11:15:27 AM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1075222
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I hope I can be part of your campaign manager Hhampuz.

Thankyou!
13  Bitcoin / Bitcoin Discussion / Re: So...Is Bitcoin the ultimate coin that does not need more development? on: January 23, 2020, 05:29:27 PM


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?

Nothing in this world is perfect.Bitcoin is far from perfect.It's development will continue forever.
If we compare Bitcoin to all existing altcoins,yes it is the "maximum version" of a cryptocurrency.
Yet,still Bitcoin Core has it's own issues,that have to be solved,in order for BTC to gain mass adoption and become a real global currency used by billions of people.
It has to constantly be iodated along with its technology in order to provide the best possible service to everyone. Stagnating bitcoin's progress will be death of it, since innovation is it's main game. So bitcoin might be the peak image of what a cryptocurrency, but it's still far from done and would still need the progress and development every now and then to ensure it is working in its peak performance
14  Economy / Economics / Re: USD / Crypto Pairing question on: January 23, 2020, 04:44:49 PM
The increase in the bitcoin price is directly effective with the increase in the dollar supply. People just think it offers a new economy. Can bitcoin increase in war or disaster situations? This can be. But it may be just the opposite. Restricting the supply of the dollar can pose a problem.
Besides, this trading scheme provides higher risks that outweigh the profits you can gain with $SHIT. Lack of people who would want to try your coin out will cause it to die, along with the investments kf the first people who pumped money on this shitcoin. So it's not reall worth it to do if I do say so myself. Better to just invest on established coins if ever.
15  Economy / Economics / Re: How Will the Third Block Reward Halving Affect Bitcoin? on: January 23, 2020, 03:41:47 PM
Who's that guy on that tweet in that article? no fundamentals for this upcoming halving for bitcoin to pump? how come that there's no fundamental reason? I think he's not seeing the current things that happened to bitcoin lately since 2019, hash rate surged by that year.

What happened in the litecoin halving last August should be a warning. There was a pump to $150 up to the halving, and then the price collapsed to $50.
I saw that disappointing after effect of that halving to Litecoin but I think it's a different case with bitcoin. Litecoin is an alt while bitcoin is a total different thing.
Bitcoin is a much more established coin compared to bitcoin, so I highly doubt the halving will cause some problems for bitcoin's price in the long run. What we have to look out for is the halving price next halving because that most definitely will decide whether bitcoin should remain on the market or not. Hopefully this halving comes good.
16  Economy / Economics / Re: Thoughts on the World War 3 and its possible impacts on future? on: January 23, 2020, 02:47:03 PM
USA and Iran can be the main cause to triggers world war 3 but i think most of countries in the world don't want it and they will prevent this from happening because if this is happen then it could be the biggest war ever in the history and i think if world war 3 happen then no more crypto users because the impact for majority countries will be so huge although maybe not all countries involved but from economy side it will resulting in a global recession
Not only will the global economy collapse if a large-scale war is to happen. It will also impede with technological progress as the manpower required to carry on technological progress will then be allocated to arms race. And since bitcoin's heart is the internet which needs constant maintenance, it is highly likely that bitcoin will die if a war were to happen.
17  Economy / Economics / Re: 10M Bitcoins Havenít Moved in More Than a Year, Highest Since 2017 on: January 23, 2020, 01:55:14 PM
They are certified hodlers, not into rush and they know when to unload. It means that there are plenty of Bitcoinís when FOMOís rush into market. Thereís always buyers when those 10 million are unloaded.

They might be or maybe the owner of that is already dead, which I hope not, I mean that is just a speculation. As far as I know, these HODLers like to move their huge amount of bitcoin from wallet to wallet, and they don't usually put all of it in one wallet, they cut it into pieces and manage with different wallets. that is 10 million bitcoins, almost half of the total supply.
Much more scarier is the fact that this too high of an amount didn't circulate in the market which is bad for a currency in the rise like bitcoin. Hopefully things change for the better on this coming halving because if it doesn't end well bitcoin might collapse, which will pretty much mean certain death for the cryptocurrency world.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay Away of this scam Coin on: January 22, 2020, 05:18:34 PM
I think, only fools who want to invest their money to buy coins that have gone up to 600%, because it will only make a loss there. after the fish enter the net, "BOOM" and ends. The OP is smart enough to judge the market situation.
Pretty much looks like a pump and dump project at this point. Better let everyone know about this to ensure nobody gets scammed off of this coin. As far as I know only the owners of this coin will really benefit from it and the investors will be left with nothing but cobwebs on their pockets. Hoping we can at least educate people of what to look out for in a coin to ensure no one gets scammed.
19  Economy / Economics / Re: Don't spend bitcoin. Not now. on: January 22, 2020, 04:30:04 PM
I would agree with this statement, I have made the mistake in the past as well to spend my Bitcoins to early only to be dissapointed later when the price is way higher.                               
Good advice is if u dont really need to use it for something really important that can't wait till later, dont spend it yet, If u are gonna spend it do it when the price is high and try to buy back in later.

Because when the next big price increase happens after the halving you still wished you had that Bitcoin.                                                                                                                   
Not spending a currency defeats the purpose in itself. You are given money to spend it, even when you save it. You are saving it in hopes that you have more money to spend in the future. Not spending bitcoins will create an unhealthy environment for it, it may even die off because of this. Money has to circulate somehow, one way or another. And so does bitcoin because after all it is still a currency.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Creating shit TOKEN make good profit ? on: January 22, 2020, 03:40:52 PM
if this was the past, I think people would easily buy it. Unfortunately, investors are smart enough to choose good investments in the crypto world. even when people intend to deceive others by making a complete fake project, it will be discovered. however, you will not get any benefit if the token that you make does not have a real function.
These are the reasons why there are a lot of weak-hearted people in this. The fact that people thinks cryptocurrencies are a way for them to get money instead of focusing on the benefits they can provide in the long run or at the very least the projects they propose completely misses the point of why cryptocurrencies exist. Instead of focusing on how you can make money here, go elsewhere or support the projects existing coins promote.
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