|
The anonymity of Bitcoin makes id difficult to tell who holds the majority. It can be determined the addresses holding majority of the Bitcoins but tracking the person holding it is however difficult. Nevertheless, the exchanges can profile data of where their traders are coming from and that may tell something.
Anyways i read an article saying that the exchanges hold majority of Bitcoin.
|
|
|
|
|
Well, what you just described is what we call trading and its one major factor that keeps crypto alive, and so we'll however need the price fluctuations to get people interested. Ideally looking at where Bitcoin and for that matter crypto as a whole has gotten to, it'll be difficult getting things stabilized and centralised. I think the only other option is through the establishment of stable coins.
|
|
|
|
|
Well, indeed good money is made with time and not overnight. I think the stage of crypto now will take some years to enter that massive bull run again. Anyways it's just a matter of time, it can happen again so far as it has happened before.
|
|
|
|
the worst is he trusted a fake admin of the project i wonder how people fall for these type of scam its really easy to tell. i wouldn't say Ico's are scam but he gave his investments to the wrong person. he'll definitely fall for other scam he cant even tell an easy one. [/quote] and also sometimes people are very new to this cryptoworld and so they get scammed easily. Nevertheless that shouldn't be an excuse, one needs to be very careful where he spends/gambles his money. |
|
|
|
|
well that's quite a long time for speculation but sure does can happen. This is crypto, and moreover it's happened before. Some people started holding about 8/9/10 years ago and they really rejoiced when the moon ride happened. It surely can happen another time. The dilemma is simply that no one knows when.
|
|
|
|
|
They've extended because they think that'll help the ICO raise more money (by extending ICOs). It all comes down to the market. Everyone is losing interest in joining ICO. The actual fact is that the market is scaring everyone. Seems people are waiting for market conditions to get better and then they can comfortably resume their crypto activities.
|
|
|
|
|
Oh that's definitely right. Distraction is the absolute remedy now. If you say you're gonna follow these vague promises by various developers, you'll get a heart attack. In fact this year has been very bad for everyone- investors, bounty hunters, airdrop hunters amongst others. Anyways we're still hoping for a better future.
|
|
|
|
|
Hmmm
this year is a volatile year itself. It seems everything is moving any how. Just as you were thinking everything is alright and then there'll be a great free fall of the market. To me, I believe personally that we shall have a bull run but it may not be anytime soon this year- probably next year.
|
|
|
|
Scamming had always existed long before the Advent of cryptocurrency. Cryptosphere arrival only created another platform to would-be scammers to continue the act, so this is nothing new other than people have to be less greedy and more careful not to get scammed.
Yeah! that's right. Scamming is an old business that existed before any of us were born. But the OP is definitely right about us trying to perform proper assessment before joining any projects. Also, I believe that in the future as government regulations grow in crypto the rise of scam in crypto will come down. |
|
|
|
|
Currently, for majority of the coins that people have, they'd have made lesser losses if they had sell immediately they received them, but I did not.
The Impact: people will get angry and sell their coins immediately they get them, and hence the dumping of alts is not ending soon.
Long-term impact: people will over dump and won't get any more to dump, market will rise and a few people (who could hold) will become the new bulls. Many others will be crying because they had large amounts they dumped. Trust me, it has happened many times.
My advice: dumping is not good. You may be happy and laugh at the strong hands and buyers but you'll cry later- might take years but it shall rise- unless maybe crypto is banned worldwide. Keep on holding and even if you'll sell don't sell all.
|
|
|
|
|
Oh yeah i recently heard some news that there were malls in Africa (Ghana, and Accra mall to be specific) that transacted in Bitcoin. One setback is that the education level and digital knowledge is very low in Africa and so it shall take sometime before the adoption gets well seeded in Africa.
|
|
|
|
|
okay thanks for the info. So cumulatively, it can be said that the positivity outweighs the negativity which is a good sign. I'm glad about the fact that at least we have the superpowers at both ends. It makes the "game" better and the competition it creates will even make the adoption superb.
|
|
|
|
|
Well, this is nothing new in the world of government vrs money making civilians. Governments are always trying to get something out of your profit making activities as such so far as you make profits, they won't leave you alone.
|
|
|
|
|
In my opinion, I'll give the same ratings to all. They're both same in how much risk or profit you can make, but the problem is that bounties/airdrops are free zone as that's you don't invest your money and so it's less riskier than others in terms of you putting in money.
|
|
|
|
crisis will come if where more and more humans without the creation of vacancies, so that could lead to economic crisis one of them.
That's also one perfect depiction of a causal factor of economic crises in the real world. With the vacancies not being the same or equal to the population, a disaster will occur. Also when we come to the world of crypto I think the crises the OP talked about happens each day across exchanges. |
|
|
|
|
Anyways you're right. Bitcoins has some pro's and con's but so far as we're in crypto and have been following up for sometime we sure know that the good aspects are many just that haters are trying to paint it black. Well, we're still growing and very soon everyone will join along.
|
|
|
|
|
So as you just said, holding is highly specific to the type of coin you hold. Not every coin will give you the same profits and so you should be very careful especially when you're buying. Also, if the coin you're holding has some use cases, you should try and utilize that instead of holding "forever."
|
|
|
|
|
Show Posts
