Well in my opinion though, i don't think the government will ever create something they can't have total control over. Blockchain technology system proposed a decentralised system where power is evenly spread but if at all the government gets involved, will that concept or ideal still be upheld.
The governments can make a digital currency but it won't make that currency decentralized as then it will be just another crypto, they will totally centralize that currency as decentralization takes the power from the hands of the government. sounds threatening...
we know that the government is trying to control everything in their hands, if they make cryptocurrency, they will automatically campaign cryptocurrency other than theirs is a scam, this is clearly a threat.
In this case also the Bitcoin and other major crypto won't be dead, the governments would have to actually ban the use and trade of crypto and also make the posession of crypto a criminal offence for making decentralized crypto dead. |
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Not every altcoins, some altcoins will bring you nothing but sad stories in the end, since project teams are humans like us we can never predict what they will do with their project in future, I'd say do not rely on a altcoin and diversity is the only way to avoid the unexpected
But I guess, those tokens having pretty good social media interactions and marketing are mostly promising and also give good returns on investment, whereas those IEO having very less popularity aren't even close to the ones having huge social media following. Also I have seen in the past that the IEO which have a developer team with past success are always money making for the investors. So that is the reason I still invest in altcoins and also believe that they still hold value and can provide you with a good return on investment. |
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Be careful guys, those who hold funds on Latoken exchange and not trading, you will be charged 5USD monthly. Look they officially send it through email and confirmed on Telegram.   I think that they officially bury themselves. I have used this exchange in past and it used to be one of those exchanges with a good support team and also having a decent trading volume of newly launched coins. But now as they have said that they will charge their inactive users a monthly fees, it feels very greedy on their part as they are getting enough trading fees from their active users that they can run their operations smoothly and now they will be charging users a monthly fees. I strongly believe that this idea might backfire and a lot of active users can also leave the exchange. |
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Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.
No i dont think bitcoin will ever reach a price that on which it will become stable and never move up or down. This isn't what bitcoin price is based on, bitcoin price depends on supply and demand, if demand is high then the rate will increase and if the supply is high and no one is buying them the Price will go down and actually this is the phase that is happening now. But a constant price is what the stable coins are for like USDT or Tether. |
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I would not want the Chinese to rule the world. But most likely their economy will be the least affected by the epidemic. They were able to recover quickly, but the world continues to fever China can't rule the world now after the Corona blunder by the Chinese government and also the fact that they have been supplying defective medical supplies to the countries instead of helping them with the crisis that has been spread due to negligence by Chinese officials. So after this crisis ends the world countries will try to find an alternative to the Chinese products so they will go to other Asian countries that supply cheaper products like India, thiland etc. |
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One of the questions that had been bugging me. $10k is just there, a little bit of push and BTC will reach it but yet a wall is stopping it. $12k is what I thought to be the next new bottom. It didn't happen. Yeah, patience will be the answer. Waiting for Covid-19 to end and then letting the halving to marinade.  in fact, the price of bitcoin is very difficult to survive at a price of $ 10k. Well, right now the price recovery at $ 9k is back. if there is an increase in prices in the near future, it is likely that the price of bitcoin can reach $ 10k in a few weeks or months. But at the Price of $10k bitcoin always face trend reversal and many a times it gets bearish instantly after reaching $10k. So if the Price rise more than $10k then I can say that bitcoins can even reach a higher limit, even more than $15k also. But first of all it would have to pass that $10k price point which seems very difficult to reach and break right now. |
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I think it will make a big difference. There is a lot of potential for the price of Bitcoin to go up, But it is difficult to say exactly when it will happen. There are many positive aspects to Bitcoin Halving. Many people have expressed their opinion that the price of Bitcoin will go up a lot. I will not say that it will not happen, but everyone has to wait and be patient.
The halving have already happened and the price is still the same and there isn't any effect on the total network hashrate of bitcoin, so the halving didn't have any bad affect on the miners as if mining would have become unprofitable for them then they would have left mining and the hashrate would also have dropped, but this isn't the case. We should wait for a few months for the bitcoins price to start increasing again as the world is currently suffering from a very big problem which is Corona virus pandemic, so after recovering from it the world GDP will increase and then we can see the price increase of bitcoin. |
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Fees are still high. I don’t think bitcoin is only for early miners who have a lot of bitcoins, and for rich people’s who have a lot of money they both can pay as High fees he wants. We have to focus on whole users which don’t have *million of bitcoins and can’t handle such a high fees.
We can't do anything about the problem of high fees as a user of this currency, but the devs can do as they can increase the block size to increase the number of transactions fitted in a block. Also the lightning network has also made many promises that are very attractive as, if it gets launched then the transaction fees for a single transaction will come down and this will in turn increase the bitcoin popularity as a currency again as for me bitcoin is only an investment and i am not able to use it for day to day transactions due to the waiting time for confirmation and the fees involved in it. |
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Fiat is manipulated by governments/banks to control & have power. Whales heavily manipulate crypto. By switching to crypto, isn't it just handing the control & power from governments/banks to a small group of wealthy whales?
But still you have got the power in your hands at least. Also crypto is borderless and is anonymous as no one knows who is holding their funds in which wallet and also it is quiet the opposite of banks where you have to complete the KYC for depositing and withdrawing your money and also to open an account in the bank. A bad decision from a government makes the fiat loose its value but in the crypto space the whales aren't having that much impact on the price of the coin as when they sell they create a minor dump and then the price recovers after sometime. |
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I'm using BitUniverse's Grid Trading Bot, and I think it's really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it's totally free and supports 20+ exchanges like Binance. Any more bots are you using? Please recommend.  I use a custom made trading bot which was made by a friend of mine who owed me a favor and I personally think these bots are not so good in trading, I can do much better if I had enough time to trade in the market as I have tried trading many a times by myself and have made a good amount of return on a small playing wallet. Also you have to keep on monitering the market many a times in a day if you are using a bot and also have to change its settings and if the market takes a sudden turn then you can't do anything about it and will loose most of your coins. |
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This statement actually supports the crypto and also insults the Dollar at the same time which is pretty amazing. I have found that many a times on the television crypto gets related with the darknet which defames the crypto as people think that crypto is always used for illicit activities and if they invest in it then they will also become the ones who helps the criminals in laundering the money, but guess what... The US dollar is also amongst the most widely used currency for the purposes of laundering and illicit activities. |
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How do we trade as anonymous when we trading with a large amount?
it is very difficult to trade large amounts with anonymous. some people may have specific tips, but as far as I know, some popular exchanges have KYC identification to do that to avoid money laundering. in addition, you can also try trading on dex, or markets that do not require KYC. ^ Definitely right, Dex is probably a solution of trading in anonymously way but it is only a limited amount that you can trade. Also Dex is low liquidity that probably takes so long before your trading to others. KYC was always there and that is a part of any CEX exchange. Binance probably did not require KYC if you will able to reach their minimum amount that you can able to withdraw your fund. Below 2 BTC as far as I know that the minimum amount to withdraw even if you are not fully verified. Nevertheless, I don't know what is the reason why you want trading anonymously. lol, i don't have too much coins to trade  Just curious about this problem I guess you just have to go to any exchange which have easy KYC terms and is having huge order-books as at the end of the day you will be selling your coins, so you must pay attention to the order-books of the exchange, if they don't have large order volume then you can go to other exchange. Talking about binance, it have a mere 2 BTC cap for non verified traders and you have to get verified to increase that withdrawal limit of 2 BTC. I personally have never had the need of selling large amount of coins at a time, but if there is a will there is a way, so with a little research you can find solution to any of your problems. |
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Crypto exchange platforms. I've been studying the exchange platforms available for crypto trading and I saw a list of ten top crypto trading platforms from Cryptodetail. I'll list below in order of rating. 1. Coinbase 2. Binance 3. CEX.IO 4. Localbitcoins 5. Bitfinex 6.Bittrex 7. Kraken 8. Coinmama 9. Changelly 10. Prime XBT In that ranking order we can see that Coinbase is the top and probably the best trading platforms. I found out that coinbase doesn't only offer trading services it also license other businesses to use its API for crypto payment related transaction. I want us to discuss on the following areas. 1. From your experience which of the trading platform has great features and epic user experience (UX) that new traders should learn to use. 2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform? I guess coinbase is listed on top because of the fact that it pays huge sums of money in referrals and also in social media marketing, which directly speaks for its position at the top. I personally prefer my local bitcoin exchange which is based in my country for purchasing bitcoins as they are quick in deposits and withdrawals of fiat currency and then I deposit those bitcoins to my Binance account which is the best exchange for buying altcoins or for trading(to be honest) as it have a large trading volume or you can say the biggest trading volume amongst all other exchanges. |
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Nobody knows that what's going on current bitcoin market happesns but we can patent let's see market situation. Actually many people rid holding there bitcoin because stay home so need expenses lot of money. basically pandemic COVID-19 cruck over bad reaction so I have still dream next bullrun. I hope it's to bad begin shortly and we will back again with perfect body.
That is the problem right now that the economies of every country are on a standstill and no one can do work or get paid and that's why they have to sell their belongings or their assets to feed their children. This is the sole reason behind the fall in price of bitcoins and stock market as the new money isn't coming and also that money is going out of the market for fulfilling the basic needs of people. So there are more danger times ahead of bitcoin and currently it is at $8700 and can go down even more in the near future. |
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Past two halvings' results don't mean anything but a possibility that the third one may or may not turn out to have the same insane results.
To those who've bought early, any new dollar added to the price is an insane profit. But if you bought at $20k, all you can do is either sit & wait for another massive ride or just sell. It's all about speculation. If you take a look at both halvings, $11 -> $1,000 is almost 100x while $700 to $20,000 is much less although at a first glance looks like a massive increase. If we follow the same trend, it means this time the price post-halving will be much lower than you may expect.
It's just too early. I say we need at least 5 halvings + 2-3 more years before we can possibly say there really is a correlation between halvings and price.
That's a great comparison I never thought of it, but if you see that in the second case although there was less percentage gain in the Price but the amount of money earned by a person tremendously grew. And i also think thar bitcoin price movement is going to disappoint a lot of peeps out there, especially those who thought that the price would actually atleast be double when the halving occurs but as we can see that the price is going the other way around now, and we have to wait for more time to see the bear market again in Crypto. |
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Crude oil is directly related to export. We, know, international trade is near to close. Countries have locked their border. Who will purchase now? Supply is available but market has a lack of buyers. There has a theory in Economics. If supply is greater than the demand, price falls for cuting off the extra supply. That's why price is falling. If the present situation becomes worse, this decreasing trends will be continue....
Yes and also there is no one purchasing the oil as economies around the world are closed due to the covid-19 spread and now the oil that is being manufactured is to be sold so as to unload their supplies the countries are trying to sell it cheaper to get rid of it faster and there was a time when the oil futures market was at a negative rate if I am not wrong, this was quiet a bit and shocking news for me to see this kind of a thing. |
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When I say ideal I mean: - People cannot born them from blown air and some day they will not be able to earn from coinbase's rewards.
- Over time, it will still have value.
- It cannot be spoiled by human.
- It is decentralized, no one controls it.
- You can send/receive the currency really quickly.
These are some basics requirements for the ideal currency. But I have a question. There are public and private keys out there. You can take anyone's public key and send him/her bitcoins. In the future, like 2100, you understand that technology is advancing. Those years I believe that brute forcing a private key will not be something impossible. Do you think that bitcoin will be spoiled by human in the future? Should bitcoin use SHA512? Or something even stronger? Bitcoin can be a store of value but it can't be the Crypto currency that is used in the future for daily transactions as it takes a lot of time for a bitcoins transaction to get completed with a decent amount of fees and if someone accidentally set low fees then it will take a lot of time for the transaction to settle and no one wants to transact with a slow currency, I believe with a few improvements like the lightening network bitcoins can become what you are saying. |
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So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think? There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/There’s no such thing as a small adoption, as long as they adopt there will be a big impact on cryptomarket. I’m always happy to hear this news if they accept crypto as a legal currency then the 47.1million population of Ukraine will enjoy the privilege of controlling their own money, that’s a big thing and good result will happen on this market. Out of those 47.1 million people only a few people will be there who will start using cryptocurrencies for Payments and rest will still be using traditional cash. I highly doubt that there would be enough population knowing that crypto is now legal as there is one friend of mine living in Ukraine and I told him about the crypto payments being legal in his country. |
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