It won't cause a bear trend, maybe we can attribute some of the price falls today to it. It would be quite great if someone had have pointed out that point about windows to him. In fact given that argument windows is probably worse than bitcoin, it opened so many new channels whereas bitcoin isn't all that different to FIAT, it just may make some things a little easier. |
|
|
|
Artificial Intelligence seems like a double-edged sword. As of now, there's a lack of jobs, resulting in unemployment rates across the world. If we are to create artificial intelligence, it can greatly contribute to the lack of jobs and raise the unemployment rate. Beyond that, however, AI is an extremely cool push in the technological future of the world. It can basically be used for anything that requires computation. They'd be very good at data analytics, graphing profits, managing funds, and essentially most of what humans already do. This isn't an issue, any technological advancement will be good for the human race in the long term. Short term it may make some people in certain employment sectors unemployed but it will increase global productivity and can lead to many more employment opportunities. The danger does not come in terms of increasing productivity but how things are then managed. It's easy to see that better technology leads to more resources for the world, the issue is then as to how to fairly distribute these. If the rich and powerful have a monopoly on technology and the resources it helps to produce then we can end up with a situation where the rich/poor divide is only heightening with time. When you tried to read up again on the things he do said it just really a double-edge sword which having this AI innovation would really have advantages and disadvantages on lots of aspect or field but we cant really stop on evolving and we would really come to a point where Artificial intelligence would be even more considered or to be developed. Employment rate can really be affected but come to think off on the possible opportunities ahead that it makes. Of course there are positives and negatives, as with everything in life, but in this case the argument of unemployment is a fairly moot point. Employment levels won't need to be as high if we are in a society where many things can be done for us by AI. It's really quite simple. |
|
|
|
Artificial Intelligence seems like a double-edged sword. As of now, there's a lack of jobs, resulting in unemployment rates across the world. If we are to create artificial intelligence, it can greatly contribute to the lack of jobs and raise the unemployment rate. Beyond that, however, AI is an extremely cool push in the technological future of the world. It can basically be used for anything that requires computation. They'd be very good at data analytics, graphing profits, managing funds, and essentially most of what humans already do. This isn't an issue, any technological advancement will be good for the human race in the long term. Short term it may make some people in certain employment sectors unemployed but it will increase global productivity and can lead to many more employment opportunities. The danger does not come in terms of increasing productivity but how things are then managed. It's easy to see that better technology leads to more resources for the world, the issue is then as to how to fairly distribute these. If the rich and powerful have a monopoly on technology and the resources it helps to produce then we can end up with a situation where the rich/poor divide is only heightening with time. |
|
|
|
|
There's a lot of uncertainty still around where the price should actually be and new floors and ceilings need to be found before some security can come back. It seems that we found a floor around 9.2k and a ceiling around 11.8k. I expect the price to fluctuate between them for a while before one is eventually broken. I would expect it to be the resistance instead of the support and that's based on the fact that overall people are still bullish on bitcoin. Most of the FUD spreaders have crawled back under their rocks and we probably won't see them again until the next big crash which I suspect won't be for some time.
|
|
|
|
Bitcoin is like digital gold ........ is it correct? It is a transferable asset but not duplicable ..... do you agree? What are the points in favor and those against this statement? I would like a very analytical and specific arisposal.
Bitcoin is very similar in many ways to gold. The limited nature of its supply being the most common, this allows them both to in theory function as a store of value. Bitcoin has little intrinsic value as it is not tangible but it has many other benefits in that it's easily transferable at low costs and so is more suited to use as a means of payment. |
|
|
|
|
If you had trillions then there wouldn't really be a need to avoid tax on it. If the tax you could save would make a significant difference in your life and that would outweigh the costs of moving, both monetary and emotional then I don't see why not. For me if it was say a couple of million dollars that was being taxed at around 40% then I would probably move.
|
|
|
|
|
While things are much better now because of Segwit and a lower total amount of transactions. There still need to be many improvements, just because things are okay right now does not mean they will be when we have the next big bull run, hopefully LN can come before then so the issues can be resolved before they come to be.
|
|
|
|
|
Didn't check in for a few days after a busy weekend. Sad to see that 10k didn't hold but there's still a lot of support. Some speculating a recovery might be sparked on the conclusions of all Chinese new year events today. Nice work on the LTC buy, seems like the first one that really worked out. I think that NEO won't be an issue, long term the project has so much potential and if the Chinese speculation thing is true it will likely be one of the biggest gainers.
|
|
|
|
|
The media have a way of reporting things that oversells. They're always looking for reasons for every small price change and attributing too much weight to them. This only further influences people who aren't fully in the know about the whole industry.
|
|
|
|
|
There's been a lot of support firstly at 10k (which did fall) but then again in the mid to high 9000s. It seems that the price might be turning around now which would be a good bottom to have found. If we are above 10k for the rest of the day then I think we'll see 12k fall next week.
|
|
|
|
|
This one's getting messy by the sounds of it. For Nano to openly accuse Firano of misleading them and the community on purpose makes me think that there's more going on behind the scenes that we don't really know about. Hopefully it's just negligence on the part of Firano or Bitgrail but it may turn out to be even more.
|
|
|
|
|
Not having much luck right now it seems, good on you for still updating even when things aren't going as planned. The only really way to have done well in the last days would have been to sold out and now re-bought or still be waiting to re-buy. Think that BTC should find some stronger resistance than it did at 10k around 9.5k, that's if it even dips that low.
|
|
|
|
It's not interesting, it's doge, even if they make a fantastic product it won't achieve the success it should because people won't take it seriously. If they're serious they should cut all ties to doge. |
|
|
|
I have never gotten in to margin trading because I am not sure if I would be adept at it or not. I would like to know do you margin trade mainly coins that have high liquidity am I correct? Also what advice would you give someone entering into this kind of trading and what would be the minimum capital required do you think? I think to margin trade one must have a large bag of resources. I do not think it can be done on a show string budget or am I mistaken at my assumption on this point?  I'm by no means an expert but here's my take on it. Higher liquidity is definitely better because you can get your orders filled far more often. It's actually easier with small capital because your orders will get filled in the natural volatility of the market and you won't move them. With large orders they're less likely to get filled as you'll constantly be over/undercut by smaller orders. |
|
|
|
Michael Jackson hates bitcoin too. He never said it but that's my opinion so I'm going to say it with nothing to back it up. The EU is not even a thing that can hate 'bitcoin' anyway, how can a collective of countries hate a virtual currency? Some people in the EU will hate bitcoin, others will not.
Germany and France are anti bitcoin. http://www.telegraph.co.uk/technology/2018/02/09/france-germany-demand-bitcoin-clampdown/They are even calling for a cooperative regulation among countries. They are the most vocal among the EU countries but I don't think that other nation will listen to them. I guess this is going to be a long war. But we all know that bitcoin is unstoppable at this point, If you are going to go against it. Then you will be left out. And I'm sure that even though that their might be some EU countries that will ban it, their citizens will find a way to engaged themselves in trade or investment. Do you read what you post? In the article it states how they are calling for further regulation to limit money laundering and counter terrorism financing. This is not a battle against cryptocurrencies, it is a battle against money laundering and terrorism. This is like the argument that guns should not be regulated because it takes someone to fire a gun. The gun facilitates someone being able to harm another, just like cryptocurrencies are facilitating illegal activities. Regulating one or the other is not a statement of being anti guns or anti cryptocurrency. |
|
|
|
|
Mostly they all have one thing in common and that is fear or panic. The worst was selling a big holding of Ethereum when it previously dipped from $300-$200, i wasn't thinking sensibly and was panicked because of what the investment meant to me in real life. I guess in turn the mistake was investing too much.
|
|
|
|
|
Michael Jackson hates bitcoin too. He never said it but that's my opinion so I'm going to say it with nothing to back it up. The EU is not even a thing that can hate 'bitcoin' anyway, how can a collective of countries hate a virtual currency? Some people in the EU will hate bitcoin, others will not.
|
|
|
|
Many people would make comments like i bought bitcoin at 6k, and then at 15k, then bought some more at 8k etc. I notice many people would mention this. First off, if someone was not aware of bitcoin and how it works, wouldn't most people assuming the people who say this are buying at least 1 btc each everytime they say i bought btc at 6k, then 15k and then 8k etc? Because the thing is someone could buy btc at 15k price but only bought like 500 dollars worth.
So do people who say they bought btc at so many different prices, i guess it really doesn't mean that much if they buy very little right? I mean you could even say i bought btc at 15k buy you bought maybe 100 dollars or even 10 dollars of it. So in essence, am i correct with this statement or not? Because serious how many people have the extra money to buy 1 btc even now? Most people don't even 10k in their bank account etc.
This is why you should take the dollar cost average. If you bought 1 btc at $100 and 0.5 btc at $2000. You would've paid a total of $1100 for 1.5 btc and so would paid an average of $733 per btc. Thus it's better to say I've bought 1.5 btc at an average price of $733/btc. |
|
|
|
My Points: - BTC is tracable
- BTC is having a huge txn costs
- Time taken to transfer money is more than 10 minutes
- Mining is being done with somewhat centralized servers(pools)
- Several other Alts are now at the market and they performs well in the market
- People use different currencies for different purposes
Other currencies can certainly push BTC to be better and they already are. Bitcoin will always have an advantage because it came first and because of what it stands for. Bitcoin unlike many is not controlled by its developer. In short, bitcoin can be replaced but it will take something revolutionary and for bitcoin to not try compete. |
|
|
|
I'm spectulating after the 17-18th of Feb , that Bitcoin will drop SIGNIFICANTLY with Chinese new Year fast approaching.
Once it does , It will hover and go down to about 3k / BTC and near the end of 2018 , it will rise Significantly , to about 30k USD.
And then in 2019 Q1 Bitcoin will be able to pass 50k USD ...
This is spectulation , but lets see if i'm right.
What do you guys think will happen to Bitcoin for the next 2-5 years?
Why do you think that Chinese new year ending would reduce the price? Most people are actually speculating on the opposite. The logic being that money left crypto to fund Chinese New Year expenses and when it's passed they will come back to the market and buy their positions back. |
|
|
|
|
Show Posts
