- The most important of all: USE Bitcoin. If there are services you regularly use and there is a business offering it for Bitcoin for a reasonable price: Give it a chance!
- Are you a freelancer? Accept Bitcoin for at least some of your work.
- Even better: Try to offer a stable, guaranteed Bitcoin price for at least a day. That can bring even more stability into the market.
- Or accept Lightning for micropayments, at least for a limited volume per day.
- Are you employed, but your boss is open-minded and a geek? Offer him to pay a part of your salary in Bitcoin. (I would not take my whole salary, it's still too unstable, above all if you have a family.)
- Do remittances directly with Bitcoin ore with Bitcoin-accepting services.
- Lightning: Help with beta-testing! Lightning is one of the most interesting technologies if we want to see mass adoption. The more users testing and finally using it, the better!
- Test and discuss alternative scaling solutions, like sidechains or similar concepts.
- Become a Bitcoin/blockchain developer. The Core client may be a bit difficult to start with, but there are a lot of services that already are waiting for someone to write and/or improve it. The more devs, the better.
Dude.. All these don't help to stop the bear market. This is just forcing users to adopt more into bitcoin, and these have tiny to almost no effect on the market. In reality, the bear market is in such state only because of a boring first 8 months of this year. There's nothing much really happen, I swear if you talk about ETF, I'll pin you down. ETF is shit and has only the market conditions worse because people are so into it. Lightning network hasn't got off to a great start, what we need is some really good news, or something that would actually inspire the community. |
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What potential does this have?
At best, this is just going to be one of countless other government plans to centrally control cryptocurrency issuance within their country. Basically, it's fiat 2.0, and instead of it being printed on paper, it's just going to be stored, operated, and managed by the government on a blockchain. Essentially even more control over the economy and money supply by the Venezuelan government.
I don't see this as beneficial to any individuals or citizens of Veenzuela or other countries. Petro was pretty much only to the benefit of the Venezuelan government to collect investments, and get foreign currency in. This central bank is probably just to maintain official control over Petro or whatever else they've got in the future. No point whatsoever.
Ah,if only those fuckers understand this. A central bank for cryptocurrencies. There is so much irony in that statement. And this "Central Bank" would probably be much worse than bittrex and poloniex combined  , know what I mean? But Venezuela is going to benefit from this stupid Central Bank, at least monetarily. Tbh, a central back for cryptos is the last thing the citizens of Venezuela need, they need food, electricty, medicines, etc.
Since a lot of people are living off crypto, Venezuela thinks an economy that is drowning on its own, can survive. Not only do they need basic necessities, they need to bring down the inflation and give some value to its own economy. |
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There is a possibility.
The 6k support seems to be quite strong at the moment, though, and I think that it's probably going to hold up for a while. I'm fully expecting prices to continue to dip as soon as this support falters, but we don't know when that is going to happen. It could be this month, it could be next year. I actually expected prices to be lower than $5k around 3 months ago, and yet support is still at this level.
Regardless, I believe that with the flow of institutional investors into the market within this bear market, it's unlikely that we'll see prices much lower than $4-5k as the absolute price bottom. So right now, the logical action would be to dollar cost average, and buy coins with spare fiat funds, if possible.
Wait for the all the ETFs to get rejected. People will lose their fucking minds. Bitcoin can even go to 2k$, but not this month. We need some really good news, this year has been such a bore! Last year was so damn fun, now we are back to 2013. People are losing faith in bitcoin, which is a good thing, the less number of idiots we'll then have to deal with. Please, for the love of god, people, stop being boring as fuck and get some actual shit done. |
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80% of workers living paycheck to paycheck could partially explain why more consumers haven't bought bitcoin:
The majority of workers are unable to collect sufficient disposable income to invest in crypto currencies.
This could mean that future economic improvment, better job markets and wage hikes could be correlated with a rise in the userbase and crypto holdings. That's assuming that 80% of workers living paycheck to paycheck is preventing many who would like to buy bitcoin from purchasing due to monetary and wage constraints.
Also note this piece while containing good info and a good historical overview was authored by a berekeley economist in liberal california who could be resorting to FUD to mislead people into unfairly blaming Trump for everything.
This is not only the case for the US, but for the entire World. 80% isn't bad, but isn't a good figure either. There is fucking recession everywhere,bruh. Not to mention, half the world is at crisis. The cost of living so damn high, it is getting impossible to save some money. But I don't this is limiting people to not invest in bitcoin, but its themselves that is stopping them from investing in bitcoin/stock or any other investment. I know people who are like struggling to manage their daily livelihood, but yet have invested in bitcoin, through their salary or through procuring loans, or from any other possible means. There are only a handful of good jobs and all cunts get it, and the deserved people don't get good jobs. The entire World Economy needs to fall down temporarily so that people realize how bad things are, and then recover soon to be stronger than ever. Trump is to be blamed for a lot of things. He isn't doing a very bad job at being a President, but he has made a lot of questionable, and bad decisions. |
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PSG are going to bid on Tottenham Playmaker Christie Erikson their initial bid is rumored to be close to £100m PSG are not only pursuing the Danish Midfielder but also Spurs left Back Rose and it's expected to be sold in this transfer window.
Schalke wants England and Chelsea Midfielder Loftus Cheek on loan but it's unlikely that Chelsea will let him leave.
Barcelona is yet to give up on signing Manchester United star Paul Pogba this summer despite the rejection from the reds.
100 Mil for Erikson? Bruh, Ronaldo was sold for that much. EVen though there is a huge age difference, and most players of his(Ronaldo's) age are sent to China, but still Ronaldo might get triggered. But I don't think Erikson will leave, more importantly, Levy won't let him go. Daniel Levy probably thinks this team is capable of accomplishing big things like winning the Premier League... But unfortunately, and this is just my opinion, big things for a club like Tottenham would be finishing 3rd or 2nd in the EPL, finalist of the FA Cup, or quarter-finals in the CL, I just don't see them winning a trophy, this club has lost that magic from the 60s or the 80s when they were used to winning league titles, league cups, and even European cups.
And this is why I think this will be the last season that we'll see the likes of Kane, Dele Alli, Eriksen, etc, in the club. At some point these players need to realize that they're wasting their potential in a second-rate club like Tottenham, and sooner or later they'll know that if they want to stand out in the football world (and even get a bigger salary, in case the financials becomes an issue, which I doubt), they need to go to a bigger club.
I believe at the end of the season Levy will finally realize that these guys are worth hundreds of millions, so they could make big profits next year if they decide to sell all of them, and they could to invest in young and promising players, like you said, and start afresh. I doubt he's going to wait until Kane or Eriksen are way past their prime to finally sell them.
Why wouldn't he? Harry Kane had a blast of a World Cup performance, and he was superb last season, so this year also he has the same hopes. But he is too over-confident at the moment, I wonder what his reaction would be, if his over confidence bits right up his ass. @tokeweed, if i pissed you off or something,I am sorry! |
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IMO it is not relevant at all whether the SEC will approve an ETF. And i honestly also don't believe this will happen (yet).
I am not understanding the call for an ETF. Bitcoin was created to be a free decentralized currency.
Why people want the approval for an ETF from the government is beyond my imagination. The only reason i can think of is the hope for 'new money coming in'.
The times to get rich quick with simply holding bitcoins are over. I am confident that the BTC/$ price will rise in the future. But hoping for another bull run and/or to get rich with a few bucks invested is just delusional.
However, at some point the SEC will approve an ETF. They can't ignore the calls for an ETF forever.
But it might just not happen this year. IMO that's perfectly fine. I wouldn't expect a big jump in price after an approval/denial too.
SEC actually can ignore these ETFs but they won't. The people who want these ETFs to get approved aren't actual bitcoiners. And these people know the people representing the SEC,so there are possibilities where people might actually collide here, by finding a loophole and thus making the entire collusion in good/bad faith, but at the end of the day, they get what they want. Why people want the ETF to get approved is fucking simple: Most of the stock market investors are old egoistic pile of shit, they don't have enough knowledge/ are very ignorant to invest in bitcoin, but an ETF changes everything in their perspective, and whoever gets the ETF approved gets fucking rich. I think the SEC is just playing games with Bitcoiners at the moment. Is there really enough investor demand for a Bitcoin ETF?
Yep. There is demand. People in the US have gone crazy after bitcoin and most of them aren't good in using crypto. ETF is the way for them. |
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This is an ETF for bitcoin,and its not a good news ya fuck . ETF is fucking garbage and it could ruin the entire future of bitcoin for all we know(it won't). This news might just push the price further down. So this is not the big positive news we are all expecting. You should know that ETF ruins the entire purpose of bitcoin. I have been ranting about this for 2-3 weeks now. I wonder if I should give up. |
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I've noticed that the volumes of bitcoin trading, they are the same as in November 2017, when the price were in the range of 6-8.2k, and there were no "tothemoon".
What could change the situation? It could be a radical change on the market, and here I see two scenarios:
1) the worldwide legalization of the cryptocurrency and the expansion of the possibilities for its use, like, everyone has in his pocket telegram with gram pays or LN and use them as simply as apple pay, pay pass etc. There are also normal exchanges in two clicks with a low commission.
2) some kind of cardinal global changes that will force people to immediately invest money into the crypto, massively, and a real example is the new sanctions against Iran as a result of which the Iranians will begin to buy up BTCBTCBTC , because there is simply no other option to keep money, sanctions may be implemented against the Russian Federation and China, will turn off the swift transfers and destabilize the banking system.
Considering how the world is not stable today, the second scenario seems more likely to be truth, the first one needs much more time and without pushing up it will not be realized. Your opinion, guys?
Last year and this year's price scenario were entirely different. Last year during November-December, the price was sky-rocketing. This year, its sky-fallin' 1) We don't need legalization of bitcoin, as good as it sounds, its not, the entire decentralization would become into Governments indirectly saying "I control you motherfucker!". 2) Iranians won't buy Bitcoin, they are on the verge of self destruction, their economy has been so bad for years, they won't affect bitcoin's price by any measure. If you want bitcoin to go up, just get some rich as fuck person who is also a stock market player(like Warren Buffet, but he hates it, so find another one), to admit bitcoin has a good future, and look how things will change. |
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If their proposed one world currency is named "phoenix" after a mythical bird which rises from the ashes of destruction and chaos. It would be a very amazing coincidence if there is a major push for adoption of this "phoenix" currency, if it occurred after major economic crashes on a global scale.
It could resemble a scenario where someone might wonder if events had specifically been planned and engineered to occur that way. Maybe the world's pension plans had specifically been designed to fail while fiat was deliberately overprinted worldwide to foment devaluation and economic carnage.
Of course, they had to ban Alex Jones as he was the only one crazy enough to challenge this and perhaps if he was lucky: expose it. What a crazy world we live in, even if very little if any of this turns out to be true.
Phoenix sounds super fucking cool, but it won't take over Bit coin coin.  . Yup. I don't see why people keep focusing on Bitcoin to replace everything while banks, governments, fiat and Bitcoin can perfectly function alongside each other. We can use the best of all options offered. That's freedom.
Not everyone is interested in Bitcoin to dominate everything. If Bitcoin was to replace everything as some speculative noobs want it to do, all others would practically be forced to go with something they don't like.
Bitcoin can't handle the weight of the whole world, and for that reason we should be happy to have other options helping Bitcoin to evenly distribute the weight of the world population. Bitcoin even with LN isn't going to do it alone.
How can you not see why they are focusing on bitcoin to replace everything? Usually they are just doing it for the money or to shitpost here on this forum, they don't care about what the world needs. We can use bitcoin alongside, fiat, but we need to services to do so. It'd be freedom only when bitcoin users aren't forced to give KYC and it is not freedom if they get their accounts blocked. What we actually need is to live in a world, where banks don't do fuckall shit and there be some liberty amongst people and we live in a countryless world. But we don't live in a perfect world, so fuck everything I just said. |
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I bought a Chinese fake copy cat phone that didn't work, so Samsung and Apple will be next to fall.
My second hand $300 car broke down, so Formula 1 as a sport is now defunct.
My local little league baseball team is shit, so that must mean the Yankees are shit.
These statements are only marginally more stupid than what OP is claiming.
This. But yeah, Yankees are shit.  bitcoin gold crashed 97% it was once traded at 500 usd and now its just 17 usd,
this is the first bitcoin fork, out there and it is basically gone. when bitcoins forks collapse the next will be bitcoin, you guys then will stand like a sect in a ocean of cryptocurrencies
People had more hopes on bitcoin gold than any other fork. We saw a bull run pre-bitcoin gold fork, but all the hopes went down to drain the moment btg came out. There was a fail at the beginning itself,IIRC. I am surprised that BTG took almost a year(~10 months) to go down. Bitcoin is no way close, buddy. So get your shit right. |
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Altcoins have always on the whole followed the BTC price but with higher variance. So if you bought a basket of altcoins, I'd expect it to behave similarly to a leveraged BTC position; when BTC rises, altcoins rise more and the BTC dominance decreases, and when BTC falls, altcoins fall more and the BTC dominance increases.
Read this first.^ And sometimes, market cap is just meant to ignored, and you're ought to focus on how to profit, even in a bearish market. Because one man's loss is another man's profit. (pretty sure I ripped off this saying)Bitcoin isn't making the altcoins slide. The fact that most altcoins are scams or trash is what is making altcoins slide. Most altcoins don't even have a working product - they aren't worth a thousand dollars, let alone the millions or even billions some of them are valued at.
Bitcoin isn't making the altcoins slide, true but the existence is. People obviously prefer bitcoin to altcoins, so when markets crash, they panic sell everything to bitcoin, "to be on the safer side". |
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That's mean ledger, trezors are hackable?
Not entirely, but that also doesn't mean they are unhackable. It depends on how stupid/knowledgeless a person is. Okay so this entire unhackable wallet is a big fail. Oh well, what else could one expect from John stupid as fuck McAfee. I swear I'll lose my mind if he doesn't eat his dick in 2020, if bitcoin doesn't reach a Million $ until then. Also, did you people hear that he no longer accepts money for promoting shitcoins? 120$ and it went that fast? even the Trezor T model didn't go that fast. It seems like John McAfee can tweet about literally anything, and It will get sold.
Wonderful, we have a crypto version of Kim Kardashian here, just wait for a video of McAfee fapping get leaked. |
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^ Lol. 'It shouldn't be that hard'? Really? How would you know? Being a manager of one of the richest clubs in Europe that only expects the best is one of the toughest jobs in football. It will never be 'it shouldn't really be that hard'.
I think I stirred a confusion here, when I said "It shouldn't be that hard", I meant, even though Man United had a bad summer transfer session, it doesn't mean they would have a bad premier League session, they have a good squad, maybe not in terms of defense, but their attack and mid-field is really good. They have Sanchez, Lukaku, Pogba, Matic, Rashford( I guess he is still there), Martial. Boateng to PSG 50 mln euro
Manchester was giving only 25 mln euro
If Boateng will pass medical tests he will be new PSG player
I guess Mourinho so angry because of that
I thought that he is being loyal to his old club. With all those phone call directly to Mourinho, everyone will assume the same thing as I am but it seems that everything can be solved with money. Mourinho is going to be totally pissed, if this is the actual reason then Manchester united could have give more. This is going to be a good headline for the news I wouldn't be so sure on that. Mourhino is having a lot of disagreements and fights with his higher ups because they aren't giving him enough spending for transfers and they are asking him to sell players and get more money. But yeah, even I thought Boateng was loyal to Bayern. Damn, PSG has a very scary squad. Very scary. |
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Confirming that I received the payment. Thanks for the quick payment.  |
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I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.
It actually depends on what the news is. Like for example, people are viewing ETFs as a good news but in reality it is not. Last year bitcoin and the entire crypto market went up, when people heard of forks, especially the bitcoin gold and segwit2x fork(which was a fail). If there is a real positive news , the price is affected, but then again, we haven't had a good news in months now, so that should explain it. Don't consider nonsense as a good news. |
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Well, the news is a welcome surprise and is really wonderful on how blockchain is helping address a lot of issues here. I wouldn't agree that blockchain makes everything better, we have seen a lot of shit ICOs using blockchain as a means to just get money and do nothing of what the ICO was really for.
This whole case-study is very delightful and the way the article is portrayed is overwhelming, cause you don't see these types of articles every day.
The number in the article flabbergasting, 1600 employees is no joke, and that too for a blockchain based shipping company. Good luck to them.
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yeah I was not surprised that United refused the offer that came from Barcelona despite that Pogba is not too happy with staying at United. A team like United needs a lot of convincing and more cash to sell one of their main Stars look at Coutinho Liverpool blocked his move at summer with all means but they sold him when they knew Salah is enough for them but also they made ton of profit from him while Barcelona offer barely covers what United initially paid Juve for. Mourinho like always he is directing the media away from him after his failure to sign any of Alderweirld or Meguire even they tried with Godin today after Leicester refused their last offer while Atletico have ahoted the door on them now Mourinho is putting the media Attention on Liverpool with his comments so they get more pressured by media if they show any signs of failure.
You have to admit that Mourhino is funny at the end of the day, no matter how hypocritical he is. His constant whining makes it more of a joke than a whining. Man United had a bad Summer transfer season this time, let's just hope Man United doesn't fuck up in the EPL this year, they have a decent team, it shouldn't be that hard. |
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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?
Crypto won't improve any country's economy,it depends on the people. As long as governments act like assholes and have egos, socioeconomic problems will continue to exist. Crypto can help in making things better, but people don't like crypto. Adoption of crypto would fuck things up for the worst, believe it or not, crypto isn't meant for everyone, because not many actually understand crypto. |
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Bitcoin went from $1 to $10,000 in 9 years. Never been heard of.. and Bitcoin got $350,000,000,000. HYIP cartel is most likely using Bitcoin for their 200% profit per month HYIP programs/ponzis. Will FBI investigation come to Bitcoin ?? Yes, bitcoin is responsible for committing horrendous crimes, so now they are gonna get investigated by the FBI. (sarcasm)Bitcoin is a crypto, FBI doesn't deal with these. The SEC does. SEC goes after scammers. |
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Because not everything needs to be built on the blockchain and not every network needs to run on coins. Even Telegram, which seemed to have a good idea on how to utilize the blockchain for their upcoming project is stuck in a controversy. It's a massive financial success for sure, but you have to keep in mind that they haven't delivered anything at all. This situation has proven that these giants can raise money, but whether or not they can put out a good project is yet to be seen. Personally, I can only assume that the others don't see how developing a system that runs on the blockchain can help their business despite the fact that it's extremely likely for investors to line up and provide more funding than they'd need. That, to me, speaks volumes about their confidence/interest or lack thereof. Telegram didn't take much of a financial risk considering the amount of money they raised, but it's going to hurt their brand if their project flops -- more money means higher expectations after all. This. ICOs are also essentially for fund raisings. These companies that haven't conducted an ICO already have a lot of money. If they want to use blockchain, they can do it, but they choose not to for various reasons. Telegram fucked up big time here, but they have the money to get back, so wait for a year or two, to see some improvements, until then, just wait. |
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