I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.
That would require the majority of Bitcoin holders to refrain from speculative activity. If that happens Bitcoin could become a currency. Otherwise how do you see Bitcoin achieve sufficient stability in order to work as a currency as we know it? Having bitcoin as a currency would mean reaching its goal already but since the government are greatly opposed with its currency legalization so it's hard for bitcoin to be a global currency. So people in the crypto community would find other ways to make bitcoin a profitable one by trading or just simply holding. And we can't stop them from doing it because honestly, the best result for bitcoin right now is knowing how profitable it is as an asset or an investment. I don't know if Bitcoin even needs specific legalization. It already does what it is supposed to do. Provide an alternative investment vehicle that is the only one which is out of government's control.
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I do remember that google did impose bans on crypto advertisement. Facebook followed the same thing too few days later. But didn't they lift the ban after a year or so? I am almost sure I have seen crypto advertisements on google ad sense. And what if the company is outside the US? They can't register with FinCEN. How are they going to advertise then? But yeah. Good move by google. It looks like more companies are starting to recognize crypto industry as a legit industry.
There is also a good chance that Google bought a good bag of Bitcoin before releasing the ban or making it easier to advertise cryptocurrencies. I think that is the more likely scenario. Imagine you missed the boat but your are extremely powerful. You'd abuse your power to slow down or stop the boat, catch up, and once you are there do everything to lt the boat accelerate.
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I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!
The question simply boils down to: does Bitcoin preserve or increase your wealth in contrast to other investment alternatives . If the answer is yes, you should buy as many Bitcoin as you can. No matter whether it is 3 or all of those in circulation. If the answer is no, I wouldn't buy Bitcoin. So what does Bitcoin do now? Well, I am not sure anyone here could give you a guarantee on their answer to the question. Always complicated to ask others for financial advice and actually rely on it. It makes the pain feel worse in case that person was wrong.
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I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.
That would require the majority of Bitcoin holders to refrain from speculative activity. If that happens Bitcoin could become a currency. Otherwise how do you see Bitcoin achieve sufficient stability in order to work as a currency as we know it?
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Bitcointalk username:skybot13x Link to Bitcointalk profile:https://bitcointalk.org/index.php?action=profile;u=184435 Name of campaign(s):Signature Campaign BEP-20 wallet address:0xc597A8a2eDF2D6Ae275Bf4BF0DBB353D259e89c0
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To attract new potential users, you need to rebrand and look in a completely different direction. Such coins are no longer interesting. Maybe focus in one specific use case that people will be interested with. It is really hard to sustain a project with no use case in the market. Because if you will rely from traders only, they can just move on from one alt to another. And since you have no dedicated dev for this project, I don't think this will go far. We may be seeing another project that bites the dust of crypto. Also is a CPU based coin still state of the art? What is the reason to go for a CPU based coin considering all the other coins already out there? We have an anon coin that is CPU based (XMR) and we have all the other normal coins that are CPU based. What's this good for?
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Yap, that's possible and heavily used right now by traders and arbitrageurs. This is obvious not a manual task you can do it using a UI. These are tasks that can be done with automated scripts.
is there any video or steps to do that? because many newbie will confused about how your platform works and how much the minimum/maximum loan that can be made using it? Are these automated scripts available to anyone or is that something one has to write for themselves?
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Electra needs minimal effort to survive. ... From Dogecoin Must learn
agree - but if you wan't help with that "minimal effort", better to organize with others... So - may be - discuss in our discord group: https://discord.gg/FbHzrdAnGpAny news from the new developers? If this status continues, ECA will be delisted on most exchanges. I can't see any effort being put into this in order to really bring it back to life. Another one for the graveyard.
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[cut out]
The positive idea of anonymity has led to the appearence of a large number of fraudsters and scammers who, thanks to anonymity, avoid the punishment.
Most cryptocurrencies are not anonymous. You can find a user by transactions that connected to a crypto exchange or exchange for material values. Therefore, there are mixers for BTC. In addition, it is difficult to prove the fact of scam. That is why many people do not use exchanges with KYC procedures and use mixers to mix up transactions. Bitcoin mixers are rather popular. Now the authorities of various goverment autorities tighten the control over cryptocurrencies and mixers also began to check. Anonymity decreases. You have to be very cautious if you want to stay anonymous when using Bitcoin and I don't know how safe mixers actually are. Therefore, it is necessary to work only with the proven exchangers, which you trust and proven mixers. With proven exchanges? How do they maintain your privacy if they collect all that data about you? And mixers are a difficult topic. Usually they are only improving privacy, but they can never reach perfect privacy as far as I know.
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If it is a completely feels cryptocurrency, how will the network be secured and who does it for zero fees?
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Hello! I have a question. The formula for calculating the award is: ((2.5% * number of coins) * (days unspent)) / 365 For example, I buy 1,000,000 coins and hold them for 30 days. ((2.5% * 1000000)*(30))/365=(25000*30)/365=2055 coins per month That is, after spending $ 400, for a month I will get $ 0.65 This is nonsense! What then is the point of buying this coin? Yup it's that. 2.5% yearly Better than bank interest, better than Bitcoin (0%), better than ETH (0%) ect... you see what i mean? Electra is not a coin we buy to have rewards, if it's your main goal you made a mistake Also - it means as well a very low sell pressure. So when the price starts to grow, stakers don't dump the price with the stake rewards, it's a win win. Ok but even if you have 2.5% yearly you have to hope all year long that the average buy price you had doesn't drop more than 2.5%. Lol. That's your response? But, yes, that's correct in a glass mostly empty way. A parallel example is if you bought bitcoin, or any other non staking coin on the planet, and a year later it's down 2.5%, you've lost 2.5%. With ECA you haven't....You can frame a hypothetical any way you want.......What's the point of your post? ECA is a staking coin, but isn't designed to make you a lambo by holding coins. It's a payment system in development with incentive to hold and prevent inflation. I myself believe that if you buy a coin and it goes up 5%, you're up. If it goes down 5%, you're down (if you sell)....That should be all clear now. For how long does somebody have to lock the coins at least in order to be eligible for the staking rewards?
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Albeit it seems somewhat halted, I see that this is a very interesting project. I'm glad to be here and am looking forward to connecting and creating.
Gumshed has set a great example by showing a way. As long as there are some of us who carry the torch forward, The Movement can live on. It's time to add some fuel to the engine.
The activity here slowed down quite a bit since I last checked in in March. Are there still plans for the future to keep this going? It is quite here and i don't think it will come some good news. For me look like almost dead project! Quiet doesn't mean dead. Dropper told me it's a matter of perception: if you think it's dead, so be it, if you think it lives, the torch be lit. It's all about the people. I think it may indeed be dead in terms of simply waiting for a price increase to earn more Bitcoin. This is not what The Movement is about if I understand it correctly. it does not have to pump. it has to be useful!
Hi, no death here. If it's not dead, we have to say that the breath of this project is at least very weak! Are there any updates to be expected?
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It is on of the sad things that you have to realize these idiots are not going to work this out!!
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[cut out]
The positive idea of anonymity has led to the appearence of a large number of fraudsters and scammers who, thanks to anonymity, avoid the punishment.
Most cryptocurrencies are not anonymous. You can find a user by transactions that connected to a crypto exchange or exchange for material values. Therefore, there are mixers for BTC. In addition, it is difficult to prove the fact of scam. That is why many people do not use exchanges with KYC procedures and use mixers to mix up transactions. Bitcoin mixers are rather popular. Now the authorities of various goverment autorities tighten the control over cryptocurrencies and mixers also began to check. Anonymity decreases. You have to be very cautious if you want to stay anonymous when using Bitcoin and I don't know how safe mixers actually are.
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Albeit it seems somewhat halted, I see that this is a very interesting project. I'm glad to be here and am looking forward to connecting and creating.
Gumshed has set a great example by showing a way. As long as there are some of us who carry the torch forward, The Movement can live on. It's time to add some fuel to the engine.
The activity here slowed down quite a bit since I last checked in in March. Are there still plans for the future to keep this going? It is quite here and i don't think it will come some good news. For me look like almost dead project! Quiet doesn't mean dead. Dropper told me it's a matter of perception: if you think it's dead, so be it, if you think it lives, the torch be lit. It's all about the people. I think it may indeed be dead in terms of simply waiting for a price increase to earn more Bitcoin. This is not what The Movement is about if I understand it correctly. it does not have to pump. it has to be useful!
Sometimes pumps can help to draw attention to a network and motivate more people to check it out and get involved.
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What do you think is the reason for that? I'd say gambling is quite timeless, maybe in anticipation of a bull run people are not bored enough anymore and gamble less?
Well the reason could be anything; End of the novelty fomo or gamblers have found better sites, etc. I am still hoping it would just be temporal phase. I think this is a good point regarding other more competitive gambling sites? Although I thought that EOS fees are comparably low, but then other sites may have way more options.
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What does Meros bring to the table which other coins don't have? Instant and feeless won't be enough I think.
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Hello! I have a question. The formula for calculating the award is: ((2.5% * number of coins) * (days unspent)) / 365 For example, I buy 1,000,000 coins and hold them for 30 days. ((2.5% * 1000000)*(30))/365=(25000*30)/365=2055 coins per month That is, after spending $ 400, for a month I will get $ 0.65 This is nonsense! What then is the point of buying this coin? Yup it's that. 2.5% yearly Better than bank interest, better than Bitcoin (0%), better than ETH (0%) ect... you see what i mean? Electra is not a coin we buy to have rewards, if it's your main goal you made a mistake Also - it means as well a very low sell pressure. So when the price starts to grow, stakers don't dump the price with the stake rewards, it's a win win. Ok but even if you have 2.5% yearly you have to hope all year long that the average buy price you had doesn't drop more than 2.5%.
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For all those who get scammed: UCC has a solution for you. visit https://uccnetwork.org/ and join our Discord-Server. We will offer you a swap for your useless coins. Why would you offer a swap for worthless scam coins and if that is the case, why would your coin be worth something? It means infinite supply because the number of future scams is also infinite. Inflationary coin is yours.
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