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1281  Bitcoin / Bitcoin Discussion / Re: The main driving force behind bitcoin rally on: November 05, 2020, 03:45:56 PM
Like the bulls before demand is what drives Bitcoin's price rise.
Bitcoin's block reward has been reduced to 6.25 BTC per block mined. Bitcoin becomes intuitively more scarce that only miners can perceive.
Along with the reduction in the reward for a block that is mined is demand from businesses and global adoption by companies. Bitcoin's reputation has now grown to a considerable extent. This also increases its liquidity and value.
1282  Other / Politics & Society / Re: Tôi muốn chúc mừng Tổng thống Trump NGÀY TÁI ĐẮC CỬ CỦA ÔNG. on: November 04, 2020, 03:44:58 PM
When Donald Trump became president. He will urge the Fed to print more money to stimulate US economic demand and that will cause Bitcoin to rise in price rapidly along with stocks and real estate. Jobs will be created and everyone will be happy.
1283  Economy / Economics / Re: Is Bitcoin ready for world wide 1 currency? on: November 04, 2020, 03:40:31 PM
Bitcoin could become a global currency if it had better technical improvements. We have 7 billion people in the world and if about 500 million people use Bitcoin regularly enough, the bitcoin network will be delayed for days or months. Other than technical, I don't have any opinion about Bitcoin. It is distributed and liquidated around the world.
1284  Bitcoin / Bitcoin Discussion / Re: dollar vs bitcoin on: November 04, 2020, 03:32:59 PM
I just want repy your first line, not about donate...

From my analysis, it is true ... if the dollar exchange rate goes down, bitcoin prices will tend to rise. And on the contrary, if the dollar rises, bitcoin prices tend to fall.

CMIIW
That is the rule when there is a lot of money in the main market that money is automatically devalued because of the dilution. People will use the money to own finite assets like Bitcoin, stocks, and real estate.
Again, when the dollar stops printing, more money flows into the market, and the value of the dollar increases. People will prioritize cash over other assets.
1285  Bitcoin / Bitcoin Discussion / Re: Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances on: November 03, 2020, 04:16:19 PM
This method will help banks reduce the time to process their transactions and benefit the people holding Bitcoin and Litecoin. Maybe they should find a way to make Bitcoin and Litecoin a payment intermediary instead of letting people directly receive them. Liquidity through the Venezuelan currency is also a way to increase the intrinsic value of the national currency.
1286  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH network under congestion now? on: November 03, 2020, 04:11:55 PM
The ETH network is not congested if you spend a good enough expense to send money quickly. Since the confirmation of transaction costs on the Ethereum network is done in the form of an auction so consult the GAS price first and adjust to an average rather than the lowest, which will ensure the transaction of you is sent out soon. Or you are not patient enough to increase the GAS price to a high above the recommended limit for the transaction to take place as quickly as possible.
1287  Other / Serious discussion / Re: Cryptocurrency Exchangers and hackers Stealing on: November 03, 2020, 04:04:52 PM
If a hacker steals a few accounts worth only $ 100 million back then a refund will happen because the exchange will do everything to get money back through their business. If a hacker takes away an amount of between 500 million dollars to 1 billion dollars, the possibility of a refund will decrease. I don't believe they have the credibility and money in their reserve fund to make sure the first home payoff happens.
1288  Bitcoin / Bitcoin Discussion / Re: Let's Say Bitcoin is scam on: November 03, 2020, 04:00:04 PM
If bitcoin is a scam then large businesses won't include Bitcoin in their portfolios this year and Paypal should ignore Bitcoin instead of including it in their payment systems.
Bitcoin was created during economic downturns and exists in the skepticism of both economists and technologists. Looking at Bitcoin's current value, I think that Bitcoin is not a scam because it is so valuable since it was born.
1289  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum remains the king of altcoins on: November 02, 2020, 03:10:00 AM
ETH ranks high in the market cap rankings and is used by many people as most tokens are built on top of ETH. We already have ICOs, DEFI on Ethereum but let's admit that many new technologies are better than Ethereum and if they are good enough they can still beat Ethereum.
I always look at technology first and I see Ethereum probably lagging in 5 years if they don't make Etherum great.
1290  Bitcoin / Bitcoin Discussion / Re: How can we stop bitcoin scammers? on: November 02, 2020, 03:03:00 AM
Scammers are changing their way every day to make money from others. The best way to combat scammers is to keep yourself updated with new knowledge about computer security, cryptocurrency security, and limit communication about trust investment opportunities in the crypto space.
1291  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the fastest blockchain? on: November 02, 2020, 02:56:32 AM
Base on my previous experiences there's a lot of claims that were hanging around and say's that they possessed the fastest blockchain in the industry, But according to TECTUM Blockchain creator "they are the fastest blockchain because they already reach the 1 million TPS" and it is very far from Bitcoin's 4.6 TPS, Ethereum's 15 TPS, Ripple's 1700 TPS and even with EOS 50,000 TPS, if it's true base on that claim Tectum Blockchain, is the fastest.
  
Sources:
https://medium.com/predict/the-worlds-fastest-blockchain-exceeds-1-million-transactions-per-second-8931df09320d
https://tectum.io/
Speed ​​is too high, ridiculously high, I just know that SOLANA, EOS, RIPPLE, STELLAR, LAMDEN are currently the fastest blockchains. I've been on this forum and many Telegram discussion groups talk about cryptocurrencies but have never heard of TECTUM. They may not have launched their product yet, but claiming the world's fastest blockchain is overconfidence. If they did create such a fast blockchain, it would surely change the world economy dramatically.
1292  Alternate cryptocurrencies / Altcoin Discussion / Re: I guess bounty hunters really kill projects on: November 02, 2020, 02:24:57 AM
Before commenting that bounty hunters destroy projects, we need to consider the total bounty and the quality of the project.
Total winnings are clear when the bonus chain is generated. Based on the number of participants we can estimate the value each will receive but poor project liquidity will result in a decrease in the value of the project after the distribution of the bonus. We should not blame hunters. If the project is listed on multiple exchanges, has high liquidity and good project quality, then the project's tokens distributed to hunters will not be the cause of the price drop.
The hunters did their part and they were not wrong in selling what they received. The bounty program organizer should plan to distribute tokens in the bounty campaign properly to avoid slippage.
1293  Bitcoin / Bitcoin Discussion / Re: Can Satoshi Nakamoto address us? on: October 28, 2020, 04:16:30 PM
Satoshi created Bitcoin and empowered the Bitcoin Core team and the community in the development of the source code for Bitcoin. He will continue to remain anonymous to ensure the decentralization of Bitcoin. That makes the value for Bitcoin.
The purpose he created Bitcoin was to send money anonymously, quickly and without being controlled by the bank. He makes no statements about the future of Bitcoin, but the people who use Bitcoin create the future for itself.
1294  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it time to invest in Polkadot? on: October 28, 2020, 04:11:52 PM
Although they have many new projects developing on Polkadot, it needs to be known and used more often by everyone. At least it should be as popular as Ethereum for its convenience, usage habits, and rich ecosystem.
The RUST programming language will not be well received by developers because of its confusing and difficult to control. Ethereum's SOLIDITY seems easier to implement smart contracts, so it's easier to engage developers.

In terms of investing in Polkadot, it is too early because this project has been overblown and difficult to increase in value. If Polkadot offers further discounts I will consider investing in it.
1295  Bitcoin / Bitcoin Discussion / Re: What you should need to consider before trading cryptocurrencies? on: October 27, 2020, 04:29:44 PM
Cryptocurrencies are relatively new to us even though they have a history of more than 10 years since the introduction of Bitcoin. Cryptocurrencies represent a type of technology, a company, or an asset through the NFT. It is important to have a clear understanding of cryptocurrencies, how they operate on the blockchain and the associated technologies. Since cryptocurrencies are between economics and technology, we must be knowledgeable in both of these fields.
1296  Bitcoin / Bitcoin Discussion / Re: Bitcoin, the complete version of money on: October 27, 2020, 04:14:51 PM
The development of world currency has a history of many changes, we started by using objects in nature to gradually convert we have coins and paper money. We have virtual currencies of banks and they move across the internet, in our opinion valuable and the numbers displayed on the account are virtual. On a higher level, we have Bitcoin and cryptocurrencies. They are fraud-resistant thanks to blockchain technology and are limited in number to combat inflation.
Notice how money is built based on human achievements such as finding the iron, silver, gold, inventing paper, inventing the internet, inventing blockchain ... Bitcoin has blockchain technology and has a mining mechanism. and released to fight inflation. Bitcoin has value globally and everyone can safely own and trade Bitcoin.
Bitcoin lies between two areas: economics and technology.
They represent the progress of humanity up to this point. So they are a complete high-level currency for what people are aiming for.
That's exactly what I mean. Bitcoin is an intersection of economics and technology. With the strong development of science and technology, especially computer science being successfully applied in the leading economic branches. Let's see how the computer and the internet have changed the face of the world economy since they appeared. The explosion of the Internet has been predicted since 1050 by the CANADA philosopher Marshall McLuhan (https://en.wikipedia.org/wiki/Marshall_McLuhan) with his writings. The content of works refers to the impact of technology on society.

Bitcoin and Cryptocurrencies are products of humans, products of evolution. Currently, financial companies and banks have acknowledged the existence of Bitcoin. We need to accept that this is a trend that will play out in the future.
1297  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you think will become next Ethereum? on: October 27, 2020, 03:58:57 PM
The next coin to replace ETHEREUM has been a frequent question in recent years since Ethereum launched its smart contract.
Ethereum provides the infrastructure for projects and is doing very well right now. But what they can't foresee is the explosion of smart contracts when people use Ethereum too much. That leads to absurdly high transaction costs and the congestion of the Ethereum network.

Another problem for ethereum is that they created 'Solidity'. It's a powerful language but incredibly confusing and difficult to keep developers productive.
We already have NEO, EOS, TRX, BINANCE SMART CHAIN, WAVES that are on their way and looking for ways to compete with Ethereum but they can't. Recently appeared CARDANO, SOLANA, POLKADOT and LAMDEN. These are blockchains that allow for the creation of new and high-speed smart contracts.

I appreciate the aforementioned blockchains because they are better than Ethereum but their language for making smart contracts is quite difficult. Only LAMDEN uses Python.

The most popular, easiest to learn a programming language by far is Python. So LAMDEN will be able to attract more developers as they allow for faster code generation. The next problem I see LAMDEN can do is when developers get 90% Tx when their DAPPs are used. They will not need to generate any tokens because the income from DAPP transaction costs is huge.
1298  Economy / Economics / Re: Real estate vs. Bitcoin on: October 26, 2020, 02:19:10 PM
Real estate has specific characteristics and according to each country and region to value. To invest in real estate we need a sufficient amount of money and may need a lawyer to help us complete our transaction. Selling a property takes a certain amount of time for someone to notice and offer to buy it. In this case, the slippage in the deal happens quite high because it is a discussion process. We can use real estate for rent and bitcoin cannot.
As for Bitcoin, we can own much less money than real estate, we can transact ourselves with immediate effect. Bitcoin's liquidity is global and you can buy Bitcoin anywhere in the world.
What Bitcoin and real estate have in common is that they are limited assets.
1299  Alternate cryptocurrencies / Altcoin Discussion / Re: Why more people Trad to this 3curency USDT BTC ETH? on: October 26, 2020, 02:09:23 PM
Those are the three most popular cryptocurrencies, large-cap, and the largest volume of transactions in the cryptocurrency market. People can invest large sums of money in them without worrying about being liquidated. That will counteract slippage and manipulation.
Another issue is its use. Tether is an absolute store of value when USDT is backed by one dollar in the bank. People can use USDT to buy most cryptocurrencies. Bitcoin is decentralized and liquid around the world. Everyone loves to hold Bitcoin. Ethereum caters to DEFI projects, participates in ICOs and initiates smart contracts.
Because of the above reasons, Bitcoin, Ethereum and Usdt are the most traded.
1300  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Signature campaign increase ICO credibility? I see few good ICOs recently on: October 26, 2020, 01:56:39 PM
In what you wrote, there is a place to be, but partially. The bitcoin talk forum effectively promotes projects through signatures. First of all, this is due to the profile and narrow focus of the forum. It discusses the basics, development and promotion of projects by people who have knowledge since the inception of blockchain and cryptocurrencies. Therefore, social networks are thieves in importance.

The more signatures discussed will be displayed, which also means that people will see more signatures. People who skim through the project will decide whether or not to invest in it.
Isn't the purpose of the signature program to sell a lot of tokens and attract the community? So if it's a bad project, who will buy it? The most important issue is whether the project itself is good enough or not.
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