Bitcoin Forum
September 24, 2018, 10:22:01 PM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
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1  Bitcoin / Bitcoin Discussion / Re: Are there any Bitcoin Bubble? on: September 23, 2018, 11:57:55 AM
Except for this who do not understand bitcoin and how volatile it market can be, I keep saying if bitcoin was a bubble it should have bursted long before now. If you use the market price of bitcoin it not stable so using the price of bitcoin as the basis of your analysis on bitcoin you will get it wrong.
2  Bitcoin / Bitcoin Discussion / Re: Best stupid quotes about bitcoin on: September 23, 2018, 11:52:52 AM
That bitcoin is a bubble that will burst and I ask my self if bitcoin is a bubble then it should have bursted long ago, bitcoin is not a scheme unlike ponzi scheme, bitcoin is a currency a digital currency that is use for online payment and bitcoin is also the digital gold is price in the exchange market is very high and volatile.
3  Economy / Economics / Re: Wow, LG to incorporate Blockchain into its overseas Payment solution on: September 23, 2018, 11:04:36 AM
Good news again LG one of the world most popular electronic company accepting blockchain technology which is an automatic acceptance of cryptocurrency such as bitcoin and the rest, this will further strengthen the acceptability of cryptocurrency by the general public as a mode of online payment without third party.
4  Economy / Economics / Re: China's Central Bank is warning public about ICO on: September 23, 2018, 10:06:55 AM
Looking away from the fact that the bank and financial transactions have constantly seek to attack cryptocurrency on a daily basis, the fact still remains that so many ICOs have failed in the past leading to investors losing they money and most of which originated from China and Asian countries so their are the most hit from scam ICOs. But that will not still stop us from noticing other successful ICOs with great potential.
5  Economy / Economics / Re: Entrepreneurship is the only way out on: September 23, 2018, 09:57:17 AM
You are right the richest people in the world today are people with ideas and those ideas turn into businesses which we call entrepreneur this have help them to become employers of labour instead of becoming an employee to the government or other companies. The government can never provide employment for everybody it not possible so the only way out is to go into entrepreneurial activities to become the boss you ever which to become.
6  Bitcoin / Bitcoin Discussion / Re: Crypto Needs a "Do No Harm" Approach on: September 23, 2018, 08:51:25 AM
That's the goal isn't it? Bitcoin and other cryptocurrencies are aiming to improve the world as best they can, obviously it will be difficult and mistakes will be made, but these mistakes shouldn't define the entire industry. Over time, the politicians will realise the utility of crypto, and it will be impossible for them to crack down on it without risking their position.
You should go back and read the article again to save you the misconception, what the do no harm mean in the article is just to clarify where and when regulations will be applied in the cryptocurrency and blockchain technology in it entirety. We need regulations to help cumb the activities of fraud stars, Scam's and the use of cryptocurrency for illegal activities but aside that cryptocurrency should be left to develope since it a new invention just as the internet was left without any regulations to get to where it is today.
7  Bitcoin / Bitcoin Discussion / Re: Yahoo Japan to Launch Crypto Exchange on: September 23, 2018, 08:41:25 AM
Following happening from the past I have noticed that yahoo have been cryptocurrency friendly, and launching their own exchange will be a big development and will further strengthen the adoption of cryptocurrency by many potential users. This is one great news yahoo unlike others e.g Facebook welcome and promote cryptocurrency ads on the site.
8  Bitcoin / Bitcoin Discussion / Re: PONZI SCAMS ARE STARTING TO RISE on: September 23, 2018, 08:34:34 AM
Ponzi scam have been a major challenge to the growth and reputation of bitcoin because most of the ponzi scheme have drive the mean of using bitcoin in other to evade being trace and that have made people to view bitcoin it self as a scam, this happening have contributed to the fall in price of bitcoin became many potential investors are chest away due to fear of losing they money in bitcoin.
9  Bitcoin / Bitcoin Discussion / Re: BTC ETF creating a hype?but,what really is BTC ETF means? on: September 22, 2018, 02:03:39 PM
Bitcoin exchange traded found (ETF) will go a long way to strengthen the bound between bitcoin and it exchanges the exchange bound if approved will also serve a a security just as we have with the traditional banking system having some deposits with the central bank in other to serve as an insurance to investors in the line of doing they normal businesses with the bank. So bitcoin ETF will be a stock exchange base and that will provide security of investors found.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: My Sad Story With Ethereum! on: September 22, 2018, 10:01:51 AM
Ethereum market have suffered heavily in the past and present and at that in other to avoid heavy loses trading ethereum you need to constantly keep an eye on the coin market in other to know when to take actions that can safe you from loses. Know when to hold or sell and with that you can safe your self from making lots of mistake which you may regret later just like you are doing now.
11  Economy / Economics / Re: Crisis is Coming on: September 22, 2018, 09:43:27 AM
The crisis is almost over if you check the US exchange you will see some level of stability even in the cryptocurrency market the red days are almost over and the red days was as a result of some major player in the market taking decisions that have great effect on the exchange market in general.
12  Bitcoin / Bitcoin Discussion / Re: Nothing is more powerful as an idea whose time has come on: September 22, 2018, 09:38:19 AM
I totally agree with you there is nothing as powerful as right timing in any development and just like the internet that have been widely accepted and use by almost 80% of the world population today gain the milestone through right timing. And bitcoin/blockchain is also going to achieve such milestone in due time in the future everyone will not have any choice rather then to embrace and use this newest technology for a better living since the time have change from the traditional way of doing transactions to online and digital ways.
13  Bitcoin / Bitcoin Discussion / Re: Does bitcoin control the market? on: September 22, 2018, 09:25:46 AM
Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.

I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.

Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
You are right most tokens/coin move independently from bitcoin and have shown total freedom in terms of their market and price movement from the influence bitcoin have on some other coins in terms of the price movement, while some other coins depends on bitcoin for it market movement you will see that their price change either positive or negative when ever the price of bitcoin change in such direction and this is so because bitcoin is the major player in the crypto market price movement.
14  Bitcoin / Bitcoin Discussion / Re: How much damaged bitcoin has brought you? on: September 22, 2018, 09:16:33 AM
Well you can not have much damage if you understand how the bitcoin network is, first of all don't trust too much in it movement in which ever way weather it positive or negative direction and secondly don't rush things in bitcoin because you can only lose you money when you decide to sell during price fall you can hodl and wait. Always look away from the price chart in other to safe your self from mental damage. But before I understand the volatility of the bitcoin market I suffered much damages that almost result in me losing almost all my money.
15  Bitcoin / Bitcoin Discussion / Re: To hell with regulations and government interference on: September 21, 2018, 06:14:16 PM
The cryptocurrency is design to be free that is the real essence of the blockchain technology it made to offer us the financial freedom which we never have due to government involvements in our traditional financial system like the faint money and the banking system, allowing government to regulate cryptocurrency is like selling out our right and freedom.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Mass adoption on: September 21, 2018, 06:04:00 PM
Well bitcoin most time don't need promotion but there is still little we can do to promote bitcoin such as social media campaign about bitcoin and the advantage it present to us, bitcoin is still at it early adoption and in the nearest future maney people even those that are speaking against bitcoin now will not have any reason not to adopt bitcoin as there secondary currency.
17  Bitcoin / Bitcoin Discussion / Re: Why shouldn’t we be concerned? on: September 21, 2018, 12:55:12 PM
If you have followed price movement from the past you will know that volatility is part and percale of the bitcoin market and there is what is call chart correction and that is after every hope the is always a deep, so the correct happening in the bitcoin network in terms of it price crash is a normal occurrence in the market and we are confident that after this price crash the price is going to skyrocket again when the level of demands increase.
18  Bitcoin / Bitcoin Discussion / Re: Bitcoin End Goal on: September 21, 2018, 11:59:19 AM
My bitcoin goal is to become a billionaire from the trading and using bitcoin as a payments system and also a secondary currency aside my traditional currency which is fait money, I want to become a big investor in bitcoin and make good profits from my investment and use my profits to enhance my financial life and solving all my problem.
19  Bitcoin / Bitcoin Discussion / Re: Soon we would not need banks on: September 21, 2018, 11:54:48 AM
Well I don't believe this information because the news has no link or source, but if you are a cryptocurrency lover and user you will know that  banks only deal with traditional financial system and when it comes to online payment then cryptocurrency is the perfect deal and the blockchain technology is the digital bank.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: I am most worried now on: September 20, 2018, 07:21:55 PM
You don't need to over work your self with the level of the market right now, because when you constantly look at the fall in price and the downward movement of the price chart you only hurt your self, there is absolutely nothing you can do about that so the best advice I can offer you is to look away and continue to hodl till the market recover again.
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