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December 09, 2019, 09:32:24 PM *
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1  Bitcoin / Bitcoin Discussion / Re: Why are the world’s governments not using cryptocurrencies? on: December 08, 2019, 08:44:41 PM
Cryptocurrency is decentralized and not under their control. If they will use it it will only mean that they acknolwdge crypto as legally accepted currency which they have bo jurisdiction. Who don't even know if the government is not really using crypto or if they have been using it secretly.

I want to say that the government who are always on the look for every opportunity to invest and make it fast can not claim or out rightly deny the fact about the knowledge of Crypto currency. And also possible investment on a secret note, but the Volatility of bitcoin which every investor know and is aware of could possibly be one of the strong reasons why the world government might be scared of using crypto currency. Also most of the government actually want control over the cash inflow and management. In a case where they would not be able to control and determine the price control of their money in use can actually cause reluctance on the part of the government  on adopting crypto currency as a currency  for use world wide.
YEah! Fiat money can be controlled. But with crypto, things are different, it can not be taken under control, because crypto is decentralized
2  Bitcoin / Bitcoin Discussion / Re: Why are so few women buying into Bitcoin? on: December 08, 2019, 08:39:21 PM
I think every person can sell Bitcoin when the price drops regardless of gender. Especially when it is backed by food from the media.
3  Bitcoin / Bitcoin Discussion / Re: Do you think that governments might one day ban Cryptos? on: December 03, 2019, 01:09:45 PM
Considering that the governments such as China have already tried to ban Cryptos. Would more governments do the same because Cryptos threaten the banks or the governments may want more control over what people use as currency and to remove all alternatives? What do you guys think, I personally think it won’t happen, but you might think otherwise.

Many countries will want to do the same. I am sure of this, because countries are afraid of Сryptos and this is understandable, because accepting this state may lose power. Countries like China will not allow it.
4  Bitcoin / Bitcoin Discussion / Re: After years in this space...I am now a BTC/ETH maximalist (Both are important) on: December 03, 2019, 01:06:43 PM
I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.

I agree that only Bitcoin and Ethereum have the greatest value. I also love both coins equally strongly. I’m upset by the fact that Ethereum has stopped developing as much as before, I think Vitalik Buterin is obliged to do something with this
5  Bitcoin / Bitcoin Discussion / Re: Maybe satoshi is dead on: December 03, 2019, 01:03:01 PM
maybe SATOSHI is dead and BTC is at mercy of GITHUB developers, owned by blockstream

what you guys think ?

You look like an author in the yellow press. I do not understand why people create such assumptions? Satoshi is anonymous, no one knows who it is or what it is, the only thing what we have is Bitcoin and it still works. I think just stop the FUD
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin and New Ukrainian cinema on: November 27, 2019, 08:51:06 AM
I see that it has become a common practice to mention Bitcoin in films, theater performances and etc. This means that Bitcoin is globalizing, which is great for its developing and accepting.
7  Bitcoin / Bitcoin Discussion / Re: Pay for your stay with crypto on: November 27, 2019, 08:46:53 AM online hotel reservation system, together with the Travala blockchain platform, has launched the possibility for users of the platform to pay reservation any hotel in 230 countries using 20 different cryptocurrencies.

Apparently the number of requests to about payment using crypto has reached a great number to such acceptance. This is a great update and partnership.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin The King Of Crypto on: November 27, 2019, 08:43:20 AM

This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?


The graph shows the power of trust in Bitcoin. I'm not surprised that for 10 years altcoins could not even be compared with Bitcoin. Ethereum is the only competitor, but it has a completely different calling, unlike Bitcoin
9  Bitcoin / Bitcoin Discussion / Re: What can do Governements against Satoshi ? on: November 25, 2019, 11:22:41 PM
If He Forget everything on purpose ?  Cheesy ( Like The genius for remember everything 10 years later everything he did making something he is alone able to see them ).

He know governements probably want to kill him or want him to work for them so he take the risk to be forgotten forever as a legend.

Imagine what he was able to do in 2008 already, when no one in world have the power to change the world, he was the one to believe he was able to start the revolution alone and change entire world by himself.

Nothing, he predicted everything perfectly, he will comeback one day i think he is already back but to crazy like 10 years ago no one believe him already.

In my opinion, if Satoshi is discovered and declassified, ( no reason is it person or a group of people) can face big problems. Many countries oppose Bitcoin, it can destroy the corruption world of fiat and decentralization, which is why Satoshi is at risk
10  Bitcoin / Bitcoin Discussion / Re: Have you ever purchased bitcoins using eBay? on: November 25, 2019, 11:20:19 PM
I was browsing eBay and I see many sellers,who are selling bitcoin and altcoins.
I thought that eBay isn't crypto friendly,but the sellers,who are selling 24-hour btc mining contracts.
The fees are ridiculous.To buy 9USD worth of BTC,you have to pay 14USD via paypal.
It's weird that those people actually have sales.

Ebey is a trading platform with millions of users. Some people do not want to delve into the search for other options for buying cryptocurrency, it is easier for them to take advantage of such options that Ebay gives, so why not?  Grin
11  Bitcoin / Bitcoin Discussion / Re: A whale transfers $310 millions worth bitcoins for a ridiculously low fee!!! on: November 25, 2019, 11:17:39 PM
Bitcoin Whales seems to be in action despite bitcoin prices going downwards, and this particular whale just transferred $310 Millions worth Bitcoins for 0.32 cents, and yes you’re reading it right just 0.32 cents. Now open your bank site or any other money transfer site and just input a few thousands or few lakhs of dollars you wish to transfer, the transfer fee will blow your mind out.

What I’m failing to understand is why are we subjected to higher transfer fees when we transfer with fiat, why can’t our banks charge us lower transfer fees? Is it not possible for banks to create their own tokens using blockchain, and allow us to transfer using those tokens and thereby allowing us to have the lower fees advantage?.

What are your thoughts on the transfer fees, have you ever taken it up with your bank?. Lastly I believe the time has come for these corporations to stop looting us, and give us fair transfer rates don’t you’ll agree with this?.

Another proof of the excellence of cryptocurrency against the banking system. Can a bank transfer such amounts in a matter of seconds at the price of chewing gum? Never!
12  Bitcoin / Bitcoin Discussion / Re: 22nd November 2009. Satoshi created a forum called "Bitcointalk". 10 Years ago. on: November 22, 2019, 02:27:48 PM
Found out from Wikipedia. Happy 10th Birthday Bitcointalk! Cheesy

This is a great date for the forum. Congratulations to you, crypto enthusiasts. Thanks to us, Bitcoin and altcoins are alive and have support.
13  Bitcoin / Bitcoin Discussion / Re: Blockchain is not Bitcoin on: November 22, 2019, 02:25:55 PM
So now Chinese government has said exactly what i was anticipating which is Blockchain is not just Bitcoin or crypto.
An article has been published in, the announcement said that the sale of tokens for Bitcoin, Ethereum, and other virtual currencies remains “essentially unauthorized illegal public financing, suspected of illegal sale of tokens, illegal issuance of securities and illegal fund-raising.” The PBoC’s Shanghai branch then added that crimes enabled via cryptocurrencies have “seriously disrupted the economic and financial disorder.”


It was to be expected. China has chosen the way to control the crypto space by creating its own national cryptocurrency and introducing blockchain into its structures. All that will happen outside this development and implementation will be alien and punishable by law
14  Economy / Speculation / Re: Reason for current bloodbath on: November 22, 2019, 02:23:18 PM
We have seen a overall bloodbath of all the crypto currencies and bitcoin being no expectation, but most of the users had predicted a dump before pump which could possibly happen post halving but isn't it too early that we are witnessing this dump? What do you think has created this dump?

You need to get used to BTC volatility. In fact, some grandiose events are not needed for the dump, it can be created by several whales in one moment
15  Bitcoin / Bitcoin Discussion / Re: Business ideas with 60 Bitcoin? What would you do? on: November 08, 2019, 04:00:18 PM
Don't expect a passive income yet if you are not successful in your business. Having a business doesn't mean you will have a passive income already. You will have to work hard for it too before you can get to the passive income that you are talking. It doesn't mean if you have a lot of money you will become successful in your business/company. You still have to work for it until you reach your goal and that's the success.

You can choose what's the best business for you with your Bitcoin. It is either you do the short-term trading or choose a long-term investment. Having a 60BTC can make you rich already but it would be better if you invest some of it for a long-term investment.

May I ask you what long-term investment you consider to be working and profitable?
16  Bitcoin / Bitcoin Discussion / Re: Business ideas with 60 Bitcoin? What would you do? on: November 08, 2019, 03:58:11 PM
If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  Smiley

If you have such an amount, you can create a project based on crypto, like creating an exchange, a wallet, a casino, or something else. However, this will not be a very large business (60B * $9000= $540,000). I would trade better, it would probably give a solid profit with less risk

I personally believe trading is more risky more like a gambling and if my business get's successful i can make a decent amount of money. I just don't know where to get the genuine team and partners and what would be the best niche.

The complexity of creating a team makes the project risky. However, if you have money, you can buy everything and hire elite team, or buy a franchise at such casinos (however, I have not checked if it exists)
17  Bitcoin / Bitcoin Discussion / Re: Satoshi Moving on to Other Things on: November 08, 2019, 03:54:47 PM
It would be a shocker if Satoshi started working on the next Bitcoin, because he saw that his invention was open for exploitation. He realized that

the flaw in his invention was the fact that it can be duplicated by anyone, if he could not reveal his identity and then protect his intellectual

property rights. So Bitcoin (BTC) was just the test run for the next Bitcoin, where he would reveal his true identity. I think Satoshi Nakamoto

is more than one person and this group are working on the "legal" version of Bitcoin.  Wink 
I consider this idea though which might be possible but its hard to believe that he would go for another creation yet Bitcoin is already an exceptional innovative thing that had  been created.Its hard to believe that he would consider on creating version 2.0 of it.Yes, there might be flaws but come to think that the main purpose on why btc is created is for total p2p and it doesnt need to be legalized nor be controlled and with that alone is already a solid reason for people to believe much on bitcoins potential.

I also doubt the creation of Bitcoin 2.0. To do this, there is a huge amount of altcoins to develop the functionality of crypto, in turn, Bitcoin is the standard of P2P with maximum decentralization and security.
18  Bitcoin / Bitcoin Discussion / Re: Are there any applications on Mobile to trade crypto? on: October 29, 2019, 12:11:36 PM
Pay attention to Binance. This is a great exchange, and you can trade using your iPhone without any problems.
19  Bitcoin / Bitcoin Discussion / Re: Survey on Bitcoin ownership on: October 29, 2019, 12:09:24 PM
Of course, this is not about which of the forum members own bitcoin, as I supposed you all should hodl some coin, even if only a few satoshis.

The idea for the survey comes from the never-ending news that 10-20% of the people in a country are holding coins.
As I truly believe those numbers are at least overhypermega inflated, I tried to picture a survey that would shed some light on a larger base, even if it is a little biased since the starting point is obvious a holder.
Dunno if it will be effective if this topic will even get some traction in the first place, but hey, worth a shot.

So, what I look, simply post what you know of crypto ownership in the friends and relatives circle and if it's not a secret the region you live.

2 our of my friends hold some bitcoin or altcoin or 6 out of 12 relatives also hold some coins, I live in Bartovia Tongue
But put a bit more spirit in it.

I thought about doing it on google sheets but I really can't stop that from getting abused by somebody bored so..this is it.
I'm seriously curious about those numbers and if the mentioned percentage are reached even when centered around a bitcoin.

Oh, and please be honest about it.

I live in Italy, but I do not see a strong public interest in Bitcoin. I have been trading for a year, but I do not find like-minded people among my family and friends, unfortunately
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Current cryptocurrency ranking in China on: October 29, 2019, 12:06:01 PM
EOS is again the leader in China. This time Bitcoin was in 11th place.
I have several questions:
1) Why does EOS have such respect among Chinese crypto users?
2) Recently, the Chinese media resource released a reportage about Blockchain and how Bitcoin is based on technology and how it works. Could this affect the change of leader among cryptocurrencies in China, I mean, will Bitcoin be more used in the country?

After the reportage by CCTV, the number of 'Bitcoin' requests in WeChat has doubled. I think this will add popularity to Bitcoin in China
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