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41  Bitcoin / Press / Re: [2018-05-21] Thai SEC Holds Focus Group to Clarify New Crypto, ICO Regulations on: May 22, 2018, 01:19:27 AM
Doesn't seem like a very transparent application process. There is a lot of money hinging on decisions being made behind closed doors... the epitome of centralization.
42  Bitcoin / Press / Re: [2018-05-20] The Bubble is Not Bitcoin on: May 20, 2018, 05:36:49 PM
I agree that Bitcoin is not so vastly overpriced as the ICOs from a fundamentals standpoint. ICOs are more about the hype and the potential of something completely new... they use the "ticking clock" and the opportunity to "get in at the ground floor" to pressure even casual crypto observers to buy in.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: the most interesting altcoin? on: May 20, 2018, 05:28:04 PM
I find the Basic Attention Token (BAT) an interesting concept, though it's not something most people would directly useful.
44  Alternate cryptocurrencies / Altcoin Discussion / Re: NEO contracts vulnerability on: May 20, 2018, 03:44:09 PM
Risk of damage is considered to be very limited. Hopefully it doesn't get construed into something more serious than it is.
45  Alternate cryptocurrencies / Altcoin Discussion / Re: At Ripple’s Snoop Dogg Party on: May 20, 2018, 03:01:39 AM
Snoop has endorsed a lot of shady things over the years... I don't know that Snoop does much to sell your brand to someone who doesn't feel comfortable with crypto to begin with.
46  Bitcoin / Press / Re: [2018-05-19] Japanese Crypto Exchange Continues Global Expansion – Now in... on: May 20, 2018, 02:54:49 AM
They are expanding into other Asian countries. That makes sense. I couldn't imagine dealing with a Japanese exchange being an English speaker. That is quite a language barrier.
47  Bitcoin / Press / Re: [2018-05-17] PayPal CFO Says Merchants Aren’t Interested in Crypto Due to Volati on: May 18, 2018, 12:49:08 AM
Bitpay should eliminate the volatility issue for the merchant, but what about the buyer? Keeping your assets in cryptocurrency means the value of it will be volatile. You could keep your money in a fiat currency, but if you do that, why purchase in crypto at all if the merchant accepts fiat?
48  Bitcoin / Press / Re: [2018-05-17] Japan’s Largest Bank, Plans to Launch Own Cryptocurrency in 2019 on: May 17, 2018, 11:34:59 PM
Financial institutions love Ripple and have a real-world benefit for pursuing it--lower fees. That's why it's third behind Bitcoin and ETH.
49  Bitcoin / Press / Re: [2018-05-16] LG Electronics Launches Its Own Blockchain-based Platform on: May 17, 2018, 12:43:53 AM
Interesting... I like LG as a company... As a Korean company, I wonder if the timing has to do with the news that Korea is softening their anti-crypto stance.
50  Bitcoin / Press / Re: [2018-05-15] Thailand Enforces Cryptocurrency Legal Framework on: May 17, 2018, 12:41:08 AM
Jail time... that's some serious regulation. Does "permitting others to carry out transactions" mean to let people who aren't unlicensed trade with you?
51  Bitcoin / Press / Re: [2018-05-14] 5 Arrested in $1 Million Bitcoin Strong Arm Robbery Conspiracy on: May 15, 2018, 03:51:59 AM
I've never seen a re-enactment of a Bitcoin robbery... that would be a sight to see. And they're millennials... who'da thunk it.
52  Bitcoin / Press / Re: [2018-05-13] 47% of South Africans Plan to Invest in Cryptocurrencies on: May 15, 2018, 03:47:00 AM
Whether the poll can be trusted or not, I can see the instability that has started to take over the SA government creating inflation and increasing interest in crypto.
53  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NEO. Buy or not? on: May 13, 2018, 11:58:56 PM
I do not hold back NEO, I do not believe in this project, there are many questions.
The nodes are centralized, there is little activity on the github, the time of NEO has not yet come.
Exactly, not yet come. But that makes NEO a good investment for long term. I expect China to become softer on cryptos sooner or later and that's when millions of Chinese money will flow into their native cryptocurrency, NEO.
Not to mention that NEO is one of the few cryptocurrencies that are protected against quantum computer attack.
54  Bitcoin / Press / Re: [2018-05-13] Blockchain Will Drive Next Industrial Revolution: Major Wall Street on: May 13, 2018, 05:06:43 PM
I think blockchain can definitely make a contribution to security and flexibility, but I don't see how blockchain will be that transformative from a corporate perspective. The real power of blockchain is the decentralization of power that is possible, something corporations and governments have no interest in.
55  Bitcoin / Bitcoin Discussion / Re: Bitcoin Fundamental Secrets, and You're Worth Knowing! on: May 13, 2018, 04:55:05 PM
1. The 21 Million Protocol

There is an assumption circulating among miners and bitcoin users that the number of bitcoin around the world is limited to 21 million and is not expected to increase when it is reached.

Did you know that at this point approximately 13.25 million Bitcoin is already on the market. And according to expert estimates, by 2022 that number will touch the number 19 million Bitcoin.

In my imagination, the limits of the numbers and the degree of difficulty facing miners can be regarded as one of Bitcoin's fundamental ornaments.

2. Request and Offer

When it comes to stocks, the law of demand and supply becomes a technical measuring tool embodied in the form of charts. Of course it also applies when we are trading bitcoin, but let's look at it from a different side.

Ngomongin about the demand, it turns out the increasing number of years. Even when Bitcoin was born, eBay and Paypal had agreed to use Bitcoin in 2009. From my point of view, the two giants see the potential for Bitcoin to grow.

A fundamental assumption!

Another story about the offer, let's imagine as an individual who is holding bitcoin. I want to ask,

"Are you rushing to use bitcoin for financial transactions?"

"Are you reluctant to linger with bitcoin?"

In the end, people will tend to think of this bitcoin as gold. More want to be saved than transacted, but still there are transactions because some merchants only want to accept bitcoin.

Again in my view, the individual's attitude will keep the bitcoin exchange rate from collapsing in no time. Although there is a time dropped dramatically, and it is very dependent on rumors circulating in the market as when the news appeared closing Bitcoin Exchange in China a month ago.


Your post was good but there are some flaws about the number of bitcoin circulating on the market. You have mentioned that as of this time the total circulating number of coins is just 13.25 million bitcoins. This is not the correct figure since just recently a few weeks ago we have already reached 17 million bitcoin mined. So I guess you need to correct the number.

So there are already 17 million this right of time, I was not aware of that much. There are 4 millions to go then what will happen when it reach 21 million- will there be any surprise waiting for us at the end?

Maybe the real Satoshi Nakamoto will show up and reveal the next 21 million bitcoins.
56  Bitcoin / Press / Re: 2018-05-13 S. Korean Media: Electronics Giant LG Launches Own Blockchain Service on: May 13, 2018, 04:11:09 PM
More corporate blockchains are coming... As blockchain permeates the enterprise and is more widely understood, hopefully it will increase trust in cryptocurrencies as stores of value and mediums of exchange.
57  Alternate cryptocurrencies / Altcoin Discussion / Re: How to start a supernode? on: May 13, 2018, 01:57:53 PM
Depends on the coin and you will have to buy a certain amount of coins usually. Each coin has different rules.
58  Alternate cryptocurrencies / Altcoin Discussion / Re: Can you give me some tips on how to earn altcoins? on: May 13, 2018, 01:05:04 PM
Mining is a great way and you can help the altcoin a lot by doing it. Trading is another great way.
59  Bitcoin / Press / Re: [2018-05-10]Ukraine’s Securities Commission Chief Seeks Legalization of Crypt... on: May 13, 2018, 04:28:50 AM
Site is down. I wonder what the political justification is for this support. I know it's not a love of decentralization.
60  Alternate cryptocurrencies / Altcoin Discussion / Re: Space for so many coins ? on: May 13, 2018, 04:26:33 AM
I think there is plenty of space. Will they all survive? No. But I think they all have every right to exist and to compete for the public's attention and investment.
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