Bitcoin Forum
May 06, 2024, 12:42:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 »
661  Economy / Economics / Re: What is the problem of trust in projects? on: December 27, 2018, 12:25:47 AM
before choosing an ICO project, you should read and research the content of the whitepaper first, you should see the timeline on the roadmap and see who the team is joining in the project. many are fooled by the ICO project for not being careful in choosing ICO. I think ICO also benefits to gain more profit than trading.

I am agree, before join and investing our money in some project, better make a research about their roadmap, whitepaper, or the developers team. Right now many scam ICOs project and we should careful when we decide to join and invest. Join in ICOs sometimes profitable because many bonus we can get
662  Economy / Economics / Re: FBI warns of imminent mass attack on world’s ATMs on: December 27, 2018, 12:22:11 AM
I think that article was old or the FBI has lately warned people by using ATM's before banks were using ATM that does not have microchips or they not upgrading ATM's by using EMV ( Europay, Mastercard, and Visa ). It looks like having a computerized sim card on your ATM card that their microchip contains encrypted cardholder’s data that are almost impossible to copy or fake. Unless if that bank owner having a shady activity by putting camera's on ATM machine to gather you an information on your ATM cards.

In this case, we must use the blockchain technology for safer and transparency transaction that we make feels better.

Its true, right now banks obligated to issue new card with microchip to secure credit card or ATM card from hacking. If about hacking, blockchain technology is very useful and more secure than current system and i am reading an article that banks will adopting blockchain technology for their service
663  Economy / Economics / Re: Bitcoin eventually disappear... on: December 27, 2018, 12:19:06 AM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?



I dont think bitcoin will disappear because if bitcoin growing more higher, people will keep it for their investment. Perhaps, people's coin can disappear and supply shrink in market but the price must be getting more expensive
664  Economy / Economics / Re: What will you do in 2030? on: December 27, 2018, 12:15:58 AM
Looks like many economies around the world are going to be suffering major downfalls around 2030. The demographic pyramid is completely fucked up in many countries, with locals not having kids because basically millennial cannot afford to live on their own due low wages and high cost of living. In Europe it's all over the place. What grinds my gears is economists saying immigration is the solution and they will pay our retirement funds. This is insanity.

Anyway, do you have a portfolio that makes you comfortable about the future? we are definitely on our own so be sure to have some passive source of income for the future. Hopefully Bitcoin saves our ass and by 2030 we don't have to worry about money anymore.

My portolio only in cryptocurrency and i am confident hold it for long term. I think cryptocurrency will growing bigger and become store of value, and people who invest in crypto will gain big profits
665  Economy / Economics / Re: Will crypto solve socioeconomic problems? on: December 27, 2018, 12:12:57 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?

If cryptocurrency regulated by government, crypto can be used for buying goods in merchant. I am believe that crypto will help country's economic because tourist industry must be growing
666  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't quit investing on: December 26, 2018, 09:32:09 AM
I agree with that mate! We should not quit investing to well known currency that can make our investments grow in the future. We should be more careful in joining investing to our favorite currency to prevent from losing our money. And I think this coming year is the great time to make more investments in order to get a better earnings in any currency.

Its true, we should not quit on this bear market. This bear market give us an opportunity for buying a good coin with cheaper price. I think 2019 will be good year for cryptocurrency market and the price will rising again
667  Alternate cryptocurrencies / Altcoin Discussion / Re: what are people doing? on: December 26, 2018, 09:29:01 AM
Some of the coins I sell are due to cutting losses. I invested the proceeds to invest in Ethereum and Bitcoin. Because in the second few days this coin shows a very positive trend as if Bitcoin and Ethereum will recover the price.

Bitcoin is safest investment in cryptocurrency market and bitcoin is main currency in market. Ethereum is good coin and used by most token in market, i think you make a good decision by investing on both coin
668  Alternate cryptocurrencies / Altcoin Discussion / Re: can someone help me? on: December 26, 2018, 09:25:56 AM
I am interested to invest on a not well known coin and newly released, what are the factors I need to consider to take a look to know if this coin has a bright future?

Can you give an example of a altcoin that you think will have a good value in the future and why? please give your explanation.

I think if you looking for new coin with bright future, better looking on the developers team. I am believe developers team hold the key to success on the project. Beside that, i think we should consider what company behind the project. Like RavenCoin, its open source but like medici venture interesting to invest on this project
669  Alternate cryptocurrencies / Altcoin Discussion / Re: How to check bounty legit or scam?? on: December 26, 2018, 09:19:51 AM
how to check the bonty program is legit or sexcem. sometimes there are bounty programs that do not include the spreadsheet

If we want to know the campaign is good or not, better looking on bounty manager. If the manager trusted, i think we can assume the campaign and the project is legit. Beside that, we can looking rank on some reviwer website
670  Alternate cryptocurrencies / Altcoin Discussion / Re: Is regulation good or bad? on: December 26, 2018, 09:16:32 AM
Regulation is good for cryptocurrency market or ICOs. If market regulated by government, i think it will increase investor confident and regulation on ICOs will protecting investor funds
671  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is ICO king, Do you agree? on: December 18, 2018, 01:52:17 AM
Ethereum is the main platform which is the basis for any new projects. Currently, all competitors of this platform have not yet achieved any high performance that could allow them to really compete with it. Consequently, in the near future her leader position will not be challenged by anyone.

Indeed, with smart contract many bussiness can use ethereum blockchain and i think i am agree that ethereum is king of ICO. Most token in market using ethereum and i am believe ethereum price will recover again because ethereum used for paying transaction fee
672  Alternate cryptocurrencies / Altcoin Discussion / Re: ADA or XRP on: December 18, 2018, 01:48:57 AM
I have 200 dollars and I want to know if I should place it in XRP or ADA. I have both so spare the split 50/50 talk Smiley

Thanks in advance!

I think its good if you diversify between that two coin. Both coin are good coin and having large community. I am believe when market start recovery, both coin price will rising and reach highest price again
673  Alternate cryptocurrencies / Altcoin Discussion / Re: Lessons from crypto in 2018 on: December 18, 2018, 01:45:01 AM
What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.

What i am learn from 2018 is we should patient with our investment and not panic with rumors or negative news. I am believe patient is the key to make big profits in the future and i think cryptocurrency is long term investment
674  Alternate cryptocurrencies / Altcoin Discussion / Re: CryptoRuble - Any thoughts? on: December 18, 2018, 01:41:57 AM
Russia launches its CryptoRuble mostly for people who avoid to pay taxes:
http://www.dailymail.co.uk/news/article-4989410/Russia-launches-cyber-currency-CryptoRuble.html

Since anyone can buy and sell CryptoRuble (not only Russians) it means that investment capital will be legal for everyone in Russia.
I think it is a very smart move for the russian market. After all, Ethereum and WAVES are both platforms designed by and built for Russia. Any thoughts?

It will be good news for Russia people. I think this will not much affecting to cryptomarket in a whole but i think its good for russia people because they can use cryptocurrency for their transaction
675  Bitcoin / Bitcoin Discussion / Re: bitcoin bankruptcy on: December 17, 2018, 01:18:15 AM
decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

Its true that its sad looking most cryptocurrency price right now and i think its suffering many investor. But if we not using loan money and using only money that we can afford to lose, i think we can relax because bitcoin is long term investment
676  Bitcoin / Bitcoin Discussion / Re: Our future with Crypto on: December 17, 2018, 01:14:58 AM
We can all agree that having grown up with the current banking system of tangible money is familiar and comfortable. However, today rate and people are losing faith in a system that bails out the rich and leaves the the world is changing at a rapid poor to fend for themselves. People are starting to take back their power and are wanting more control over their own money - it’s time to shift your reality to the 21st Century. Can you believe that we are still living in a world where bank transactions don’t go through because it is a weekend or public holiday, what is up with that? We have the choice to move to a peer to peer (P2P) platform that can make instant transfers any day of the week.

Its true that in near future, peer to peer transaction will be a new payment trend. Its much more cheaper and faster because it doesnt need third party like banks.
677  Bitcoin / Bitcoin Discussion / Re: Which will survive in long run Bitcoin or Blockchain??? on: December 17, 2018, 01:11:56 AM
As technology, i think bitcoin will more survive longer. But technology always evolve and blockchain can replace by another new technology. Bitcoin is a cryptocurrency and i think people will keep use it and hodl it
678  Bitcoin / Bitcoin Discussion / Re: What happens when the price of Bitcoin falls below the cost of mining? on: December 17, 2018, 01:08:52 AM
People will simply stop mining until it is profitable again and no doubt people who have access to free or extremely cheap electric will continue to mine so it will not stop completely and as others have pointed out it is a self correcting system so the difficulty will reduce to make it attractive to mine.   

Its true, i am believe miners like others bussinessman. They will calculate the cost and the bitcoin price and if the price below production cost, they will shutdown the production until the price getting better.
679  Bitcoin / Bitcoin Discussion / Re: The Biggest Rises and Falls of Bitcoin on: December 17, 2018, 12:59:00 AM
I am agree that we should hodl our bitcoin for long term. History teach us that bitcoin always volatile and after that, bitcoin price growing more bigger. I am believe hodl strategy is best strategy in bear market
680  Economy / Economics / Re: Why Ponzi schemes are called "Ponzi" on: December 16, 2018, 12:44:43 AM
Ponzi already profitable for first member but he should recruit new member to build a pyramid. Mostly ponzi dont have a product and its like a money game. Sometimes its hard to recognize a ponzi
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!