according to Scott Rosenberg.
So well, what is going to happen in 2018???
Bitcoin boom is in the spotlights as well as wars...
2018 will be “the year of the cryptocurrency craze”!!!!
Maybe, specially when Japan enter the world of crypto. As far as we can see, a lot of things invented and discovered by Japan so hopefully they will contribute in cryptocurrency. 2018 is the most awaited time of the crypto enthusiast, opportunities will come and bitcoin will sharply increases. I wish that it will be the time that the people will make a unity and peace. |
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] Bitcoin is monwy and not faith because, though you may faith but you can't spend it but you can spend bitcoin.Faith is something you can not see but believe it exist, faith is something you can not control but controls you and faith is a spiritual thing. We can see and monitor bitcoin as it rows on our screen. Therefore I disagree that bitcoin is not money but faith.
What he trying to say is that, we must not make bitcoin as valuable thing but have faith with bitcoin. Existence of bitcoin is unusual, maybe one of this day it will fade. The point is, either it is money or not, we must trust bitcoin because it somehow useful for us people. Faith also is not just to spiritual thing, it can also be a trust to any person or thing. |
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Wala naman kasing kasiguraduhan ang bitcoin. Kahit na sabihin natin popular sya worldwide, may tsansa pa rin syang maglaho. Yan siguro ang nais ipabatid ni Easter Samar Rep. Mahirap din kasi magtiwala na lang lalo na nga't walang authority ang bitcoin at unknown ang sources. Di masasabi if legal or not kasi hindi centralized. The point here is that, wag natin ibuhos lahat ng pera sa bitcoin. Mahalaga pa rin na kahit papaano ay magtira tayo sa real world. Sabihin nating maganda dahil sa transaction speed at reliability pero hindi pa rin sapat na dahilan para magtiwala. Mahirap umasa, sa huli ikaw lang masasaktan pagnawala lahat-lahat sayo.
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Hello everyone! Today I've read a couple of articles and I've noticed that the most people are used to label each ICO as a scam. That is not fair, I know. Especially when you work in a startup launching ICO and do your best to make a project successful. However, having worked in ICO industry I learned how to recognize a scam just from one conversation with a Founder. I don't know how to explain this feeling. Probably, my subconscious translates knowledge, but I could not say a have a large experience. So I decided to make a list of scam signs: (and this is just my own opinion) - A founder and a team are not open. Talking with a founder is always nice. They are usually full of energy and ready to talk about their project for hours. No matter how tired he/she is: when one is asking about a project, a founder starts talking about it with eyes burn with a fire. No matter who you are. When a founder deflects, tries to escape and avoids it makes you think that he/she just can't tell you anything important. What is more, it is crucial talking to a team. When a team member doesn't know how to answer a simple question about a product, it is also a bad sign. In case of the lack of opportunity to visit an event and to talk to a team, you always can contact a founder and a team online. They should be open and answer patiently all your difficult questions. Even if you ask it every minute. - Spending a lot of money on marketing isn't always show professionalism. Just think. A company needs ICO to raise money for a company development. Isn't it a little bit queerly when an unknown company is too fancy. How? And Why? Why do they need ICO if they already have money on expensive advertisement? I don't know too  - You know nothing about a founder. And you cant find any information about him/her. Always google the founder. Always. And now I'm not talking about his/her FB page. I'm talking about his experience, education, photos, events he took part in. A founder should not be a mysterious person who came from nowhere. His background should be open to everyone. - They don't have a readymade product. Let's make a sober recognition. The competition is high. In the end of 2017 - the beginning of 2018 you just can't appear with an idea and ask for money. You need to develop your product before ICO. It should not be an amazing one. It could be just prototype. But investors need something real. They need to touch and try your product. However, just 16% of all ICO has a product. And what do you think about it? What are your signs of a scam? I remember last day when I participated the bounty campaign of an ICO. At the end of the token sale, the soft cap did not accumulate. It is a good and promising project but in the end, no token came from my wallet. Sad to say thay this day when cryptocurrency finally developing and popular. A lots of scams are existing, they are like viruses. Thank you for your advise, I will remind it till I invest. |
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I watched a video tackling the price of bitcoin in the next year. Probably, it will raise to $50k he said. I think it will happens in 5 years but as long as it will rise up rapidly it will take a months just to reach it. Let us keep on watch in bitcoin. |
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I will explain it furtherly for you, I am also like that during my newbie days. When I look at the forum rules, I found out that you can posts everytime as long as you are not spamming and relevant to the topic. Post as many as you can but the activity needs a time. Exactly, 14 days is needed just to update your activity. So you need to wait 14 days until your 14 posts will count. You can read in forum rules so that you can acquire something like how your activity counts. Please, ask or tell something in relation with the section. This is altcoin discussion and probably, your topic belongs to beginners and help.
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***************************************************************************************************************
This paper presents the situation of the cryptocurrency market at the end of 2017 and the challenges that the crypto community still faces. Thanks to its crypto friendly legal framework, Japan should be the country to watch in 2018. The currently high transaction fees of Bitcoin offers an opportunity for Japanese crypto assets to become the preferred payment method on the island and maybe in the world.
***************************************************************************************************************
Looking back, 2017 was a fantastic year for the crypto world. Investors enjoyed 20 fold returns on Bitcoin (BTC), 100 for Ether (ETH), 60 for Litecoin (LTC) and so on. It was hard to lose money in dollar terms.
This exceptional performance is the consequence of years of hard work from developers, exchanges, lobbyists, authors, etc. to make Bitcoin and the likes more known and accessible to the world.
The crypto market is becoming mainstream: institutional and retail investors are now together in this new asset class. The more, the merrier one could say.
Indeed, the influx of new joiners came at a benefit: the skyrocketing rise in value of crypto assets.
But it came at a cost too: Congested blockchains, rising transaction costs, crashing exchanges, etc.
While cryptocurrencies made a name for themselves this year, a lot must be done so that they leave their nascent state and become mature payment methods.
The time is now to scale.
On December 13, Vitalik Buterin, the Founder of Ethereum, challenged his followers on Twitter:
• “So total cryptocoin market cap just hit $0.5T today. But have we *earned* it?”
• “How many unbanked people have we banked?”
• “How much actual usage of micropayment channels is there actually in reality?”
Without a real use case in the daily life of people, 99% of cryptocurrencies and tokens will be remembered as a funny investment that turned out to be a mirage.
Bitcoin is here to stay.
It has the first mover advantage, the biggest network, fair incentives and its scarcity makes it the true digital gold. It’s the benchmark of all crypto assets. For these reasons, Bitcoin will survive and at least act as a store of value.
However, Bitcoin was also designed to be a medium of exchange but it is now too slow and too expensive to use. Being the first mover also has its flaws. Bitcoin blocks are 1 Megabyte big and occur every 10 minutes. That is not enough to cope with the thousands of new transactions happening every minute. Bitcoin miners include the transactions with the highest fees attached in the blocks.
This is how Bitcoin is no longer viable as a medium of exchange for small transactions.
It may be temporary though.
The introduction of the Lightning Networks (LN) solution to the Bitcoin network will make Bitcoin great again.
But when will that happen?
Will the community tear itself apart as it did when the Segregated Witness (Segwit) solution was launched this summer? Nobody knows. There may well be another 12 to 18 months of developments and hiccups along the way.
So what will happen in the meantime?
Now that millions of people have become aware of cryptocurrencies and that the Bitcoin blockchain is in limbo, there is an immense opportunity for an altcoin to become the preferred coin for transactions.
Let’s remember that the value of a coin mostly depends on the size of its network. The more people use it, the higher its value.
Also, the number of merchants accepting Bitcoin vs credit cards is still low worldwide. A successful altcoin could in no time take over Bitcoin as the preferred coin by merchants.
Therefore, this is no surprise that the Bitcoin cash (BCH) supporters are so vocal in the media. BCH offers lower transaction costs thanks to its 8 Megabytes block size. It could thus fill the gap.
Litecoin (LTC) is another contender. It’s a clone of Bitcoin with larger and more frequent blocks. It has Segwit too.
In the end, the users will decide which coin they endorse.
But the legal framework plays an important role here.
In most countries, the legal status of Bitcoin and cryptocurrencies is still unclear. Why would merchants accept cryptocurrencies that are uneasy to apprehend and that the government can ban overnight?
Japan gave cryptocurrencies legal tender status in April. This is a massive step for a rapid adoption by Japanese people and merchants.
Which coins are they likely to endorse for payments?
BCH? LTC? Probably not. These coins are known in Japan but probably lack the support of the local crypto communities.
And Japan has its own altcoins: NEM and MONA. They are very different in design.
NEM is similar to Ether as it enables the creation of NEM powered blockchains and smart contracts. There are 9 billion tokens that were premined. Transactions are validated by nodes, based on a Proof of Importance method.
MONA is a fork of LTC with more frequent blocks. It is popular with gamers and is even accepted by IT stores. Coins are mined by the traditional Proof of Work method.
Both coins enjoy strong local support and can be purchased directly against Fiat on the Japanese exchanges.
This is why Japanese altcoins shall be monitored closely in 2018.
Their adoption by local merchants shall be facilitated thanks to the clear legal framework for cryptocurrencies in Japan and the work of their communities.
Should they become widely adopted in Japan, the network effect could make them very popular in other parts of the world.
Calangaman
Published on Bitcointalk on 27 Dec 2017
Long but full of information! Thanks buddy. As what we are expecting in Japan, Japan will innovate more the usage of cryptocurrency. Japan altcoin has the potential to move forward. Nem and MONA are different in bitcoin or ethereum. They will solve the current problem about transaction fees and slow speed of transaction. I think 2018 will be the great age of cryptocurrency and because Japan will enter the cryptocurrency, many countries will now pull out to join crypto world. I hope this will be a great start to us and somehow, all crypto enthusiast will become successful. 2018 will be the opening year of cryptocurrency, Japan will lead to the innovation and more efficiently altcoin. |
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In my own opinion, if the transaction fees of the bitcoin will continuously goes high, I think there will be a great change to the demand of bitcoin. Maybe other investors will pull out in bitcoin and move in to other forks or altcoins. However, bitcoin has the potential to be successful, as what we have seen today. A lot of things that bitcoin did already eventhough it is in a passive way. Putting people in a good hand and changing lives of the people are one of the good contribution of bitcoin in our recent economy. I am always thinking that bitcoin will stay forever and it will not destroy by anyone.
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1. Use mobile phone.
2. Use the most reliable wallet available for mobile phone.
3. Use your mobile phone only as container for your wallet, do not use it for other things such as for phone calls, sms and especially opening websites or mining bitcoin.
4. Only turn on your mobile phone when you want to use your wallet for trading, sending, etc so when you don't use it then just turn it off. Use password protection on it so that when you turn it on it will ask for password that only you know.
5. Store your phone on an iron box or other secure box container, do not bring it with you and if you need a mobile wallet then just make a secondary wallet with the same tips here but with the exception it only have bitcoin with just the amount of you need for buying things, do not bring your main wallet with you where all your bitcoin stored.
Thank you for some information. I think no matter what you are caring with your wallet if the private key that you hold will loose and to someone else or you have entered a phishing site then your money or bitcoin will loss. A matter of caring is enough to protect our wallet into the hands of the scammers. We must be aware of what we are clicking and doing in internet because wallet in online is very dangerous yet it is reliable. |
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Wondering what the age is of many crypto enthousiasts, I hear its mostly people around 30 years old.
Yes, most of my friends and the one who invited me here are 25years old and above and I think I am the most youngest with them. I am just 18 years old and trying to engage in newly system of economy. I don't know how they trust with me but I am pretty sure that I will do my best to be a better crypto enthusiast and I have determination and patience to know this cryptocurrency. |
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I think that even if celebrities invest in bitcoin, and if they smart they do not say about it. It's just an asset that grows, and which is not so easy to detect, unlike buying a new home or an luxery car.
Most of them are hiding their identity in order for them to excuse in taxes. We all know that bitcoin is decentralized and it is good to store bitcoin because no one will ask and enter to your asset. |
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So it is the Holiday season and it was Xmas. How many people dived into their Bitcoin hoard to buy Xmas gifts and also paid for a nice holiday with their family?
We saw a huge increase in the price, early in the season and this might have triggered a situation where people rewarded themselves with some "Gifts" for the holiday season.
The direct impact of that would have been a higher influx of coins onto the exchanges and if that was not met with a higher demand for coins, then it would explain the drop in the price.
Did you splash out with some expensive gifts and extravagant holidays with your bitcoins, during the holiday season?
I remember that bitcoin and four altcoins are simultaneously dropped down during holiday season and I think that the season affects the price of cryptocurrency specially the bitcoin. Maybe for preparation or for buying an exchange gifts, that's why some investors sold their coin. We don't know how it affect to much but as we can see the price is recovering as of now. |
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Hello bitcointalk people, my name is Anna. I'm a journalist from http://www.businesstimes.com.sg/ magazine. I'm working on a special crypto currency issue that will be launched in February 2018 and I really need you. My wish is to bring into contact to polar worlds - world of crypto economics and world of old school "real money" economics. We all are well informed of what opposite side thinks about crypto, in general it's the mistrust agenda. But still we don't know much about your thoughts on paper and metal money. This is the grey area that I want to cover. What's is so special that attributes to money and makes them fading, how do you feel it in a private life? Or you think in future this two worlds will live side by side? All of you are very welcome to private messages, share your thoughts with me and I promise to publish the best of it. Fiat currency will not remove in our society. It is not necessary to change out system of payment and undergo in with current system of payment. It cannot acquire also easily by other countries, specially those countries who does not want cryptocurrency. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
If you cash, it easily to purchase any product or services in any establishment or merchandise. You can pay anytime and anywhere what ever you want. We don't think of the exchange rates. Fiat currency is useful also specially when you are at your own country. You don't need internet just to pay out. Affordable and reliable as long as its physical identity is indicated. |
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Sad to say but I think most of the new comers are into bitcoin because of money. I am not pertaining to businesses because it's actually good for the economy. But those who are making different projects that only aims to profit are the negative ones.
We can also see here in the forum how many projects are made that creates their own coins just to profit making the cryptoworld not just confusing but also saturated.
Different coins are also causing slow transactions you know. If bitcoins are the only coins present I doubt that there is much of a problem.
What is our purposes here in the forum? That is the first question that comes to my mind when I get started in bitcointalk. Because we want to earn, we want to become wealthy and move out our family from poverty. My mind blowns when I have read the true purpose of this forum. I knew that my purpose is a self-centered but I want to come up in helping other persons when I gain money. We have all purpose, we have diversity of intention and I believe that our individual purpose will lead to the development of the whole. It's hard to say that Earning purposes could actually lead to development because when it comes to Monetary reasons may lead to doing bad things just to have an income. Yes we do have individuality. It won't hurt if everybody shares different views, perceptions and own shoes to explain their purposes here but we need development. Not just someone who wants to earn and help others to earn. The purpose of this forum is for technological evolution. With respect to those who needed money badly. But abusing bitcoin can actually kill it. Look at it right now. The greediness of the people will destroy everything. Even here in bitcoin. The main purpose of this forum is to spread the trend when it comes in technology, the advances and the innovation to ease the people who suffered from agony and starvation. Banks the unbanked people. We must not aim for in our own but make a way to make our whole economy successful. I believe that bitcoin serves as the guiding star of our future and torch of the poor people. |
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People are starting to realize that bitcoin is getting much slower and the transaction fee is getting much expensive, it's what I see why people are dumping it. But, you might want to consider the time of the year right now; people are selling because of the holiday season, and other people might be panic selling because of fear.
If you are a true believer of bitcoin and other cryptourrencies, you will understand it's nature by now. It goes up and down from time to time, try to look on its previous market for further understanding. If you just get in the train to gain profit and multiply your fiat, then I would suggest to make your own decision, whatever it maybe.
I agree with you! I think also that the reason of bitcoin price dumping is because it is Christmas season. Lots of whales and small investors sold out their stocks and that's why bitcoin price crashed out. I think it will move up by the month of February. We should not scare if it will goes down because bitcoin price is volatile and we cannot anticipate what will happens time by time. |
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What is the best coin?
In almost hundred of coin around the world, I don't know what is the best coin ever. As usual, bitcoin is the most popular and best coin for other people and even I believe how it is good than other altcoin. We should not compare everyone of them because they have tactics on how they will promote their coin and make their investors safe. All of them has purposes, it depends upon us on how we will trust them. |
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The transaction fee in my blockchain wallet is $30 anyone know when it will become normal?
I hope someday transaction fees will moderate. It is too much costly specially in my case. I am just starting in bitcoin and it is too difficult to transact because before it will send, almost half of it will deduct to your balance. |
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"BITCOIN Cryptocurrency itself is not a scam, it’s the spark of the information age’s global financial revolution.
Ang mahirap kasi sa Pinoy, nauuna ang chismis kaysa sa pagsusuri. Bakit ba karamihan sa atin ay walang tiwala sa bitcoin? 1. Hindi ito nahahawakan tulad ng fiat currency at maaari itong mawala. 2. Madaling mahack ang security lalo na kapag naibigay ang private key o pumasok sa phishing sites. 3. Madaling nahahatak ng usapan ng kapitbahay lalo na sa scam. 4. Higit sa lahat, maraming walang alam ukol sa bitcoin at kung paano ba ito ginagamit o gumagana. Marami kasi sa atin na halos naloloko sa mga investments na iyan dahil wala tayong sapat na alam sa teknolohiya at kaganapan sa mundo. Payo ko, iugnay dapat sa curriculum ang pag-aaral ng cryptocurrency pr technology dahil sabi nga we are in the age of information. As usual, we need to come with the trends in our society. Hindi puro microsoft office lang pinag-aaralan tulad noong highschool ako. Ang tunay na cancer dito ay yung mga taong walang konsensya na nangsscam o nanghahack, hindi nila pinagpaguran ang ginagamit nila para mabuhay. Wag natin isumbat lahat sa bitcoin dahil ang bitcoin mismo ang tumulong upang magkaroon tayo ng mabilis na transaksyon. |
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TIGEREUM TOKEN SWAP UPDATE 15 December 2017 Tigereum’s Token Swap opened on Friday 8 December and closes on Monday 18 December 2017 So far: • 21,344,868 Tigereum Tokens have been allocated (out of a potential 50,000,000) • 1712 registered participants (total) The breakdown of participation is: • 45% ETH swap to our token address • 39% on our Token Swap Bot • 16% presale, team, bounty and founders Thank you to everyone who has participated so far Don’t miss out! Token Swap closes at 23:59 GMT on Monday 18 December 2017 Go to the Tigereum website www.tigereum.io to participate now Send crypto to friends and family in an instant message  What will you do to the excess coin? Will you burn it? It's nice to see the development of your project. I always keep an eye to your progress. Yes, any unallocated tokens will burn at the close of our Token Swap on Monday 18 Dec Goodluck for your token swap! I wish that your token will use and allocate to every who will join. I believe that someday, this project will help people to transfer via social media sites. I hope that tigereum project al chatbot will have low transaction fees. Your project deserves to be successful. |
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