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1701  Bitcoin / Bitcoin Discussion / Re: Anyone else notice that when share market down, crypto price goes up? on: December 12, 2019, 01:05:34 PM
Seems like there are no prominent direct relation between stock market and crypto market as both of them are to some extent speculative. Real estate on the other hand has some relation to both crypto and stocks and on a season of real estate buying and selling, which is Nov, Dec, Jan and Feb here, the crypto and stocks dips low.
1702  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really still decentralized?? on: December 12, 2019, 12:33:01 PM
After the years in trading Bitcoin it came more and more clear to me that Bitcoin is technically not decentralized anymore... its mainly owned by huge mining farms or early adopters who are able to manipulate the market at will, many exchanges playing with Bitcoin and Altcoins by making fools out of the normal Joe who wants to enter the Crypto world, i know many here will think that you should be ready and get informed before taking any step into the crypto world, but does it not bother anyone that some people are enriching them self by kicking the crap out of your wallets??


Bitcoin Mining is dead unless you own a mining farm with the necessary hashrate, again only big companies having access to Bitcoin!!!


What is your thought about this??

There's been a lot of discussion about it in the past.
Bitcoin is one of the most decentralized currency ever. People may argue large amount of bitcoin is hold by limited individuals and companies and earned by large mining farms. But it's distribution is still much more decentralized than any other currency.
A context, 26 richest people owns more than rest of population
https://www.theguardian.com/business/2019/jan/21/world-26-richest-people-own-as-much-as-poorest-50-per-cent-oxfam-report
1703  Economy / Economics / Re: Can online platforms like Youtube and Facebook really be decentralized? on: December 12, 2019, 09:50:20 AM
Of course they could and there has already been a decentralized alternative for both of them. But the problem with decentralized platform is how to make it a safe place for different group of people and stop illegal contents and save copyright claims. Monitoring would be difficult and lengthy, if we speed up, there could be content war between different group of people, countries, political ideas and parties.
1704  Economy / Service Discussion / Re: Best way to mix bitcoins on: December 12, 2019, 09:28:53 AM
Here are a few options:

1. ChipMixer (the most reputable mixer out there)
2. Wasabi wallet (a wallet with a built-in mixing functionality)
3. Deposit BTC into a centralized gambling site or exchange and then withdraw your funds.

In case of going with the 3rd option, you should know that these services will know so it's not as secure/safe as the first two options.


Using coin mixing site is the best way to go as you don't want to risk your coins to save a few fees. But if you want to try something different, you can go with third and with exchanges, leave the coins for some time, do some exchanges to seem normal, that could be to and from stable coins or popular coins you want to hold and withdraw in batches.
1705  Other / Politics & Society / Greta Thunberg is the time's person of the year 2019 on: December 11, 2019, 03:19:29 PM
Swedish teen who started by protesting in from of the Swedish parliament for action against climate change now is the major attraction for media around the world. Time like every year selects one of the most influencing person in the year as Time's person of the year.

1706  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto trends that happened in 2019 on: December 11, 2019, 03:09:42 PM
Governments talking about using crypto?
World leaders talked about crypto in 2017 as well but this year, many has come forward promising to create their own cryptocurrency. Though it may not be as good as we know crypto as but it certainly would attract more people towards the real cryptocurrencies.
1707  Economy / Speculation / Re: Bitcoin Price Rises to $20-$50k After Halving...Thoughts? on: December 11, 2019, 02:57:57 PM
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

 

Highly possible. Bitcoin is pose to a bull run. And bitcoin halving could be the real ingredient to start and catalyze the bitcoin bull.
Both of previous bitcoin halving were followed by a sharp increase in price and we could expect the same this time.
1708  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook's Libra is being reviewed by the US government again on: December 11, 2019, 06:57:42 AM
Libra needs US and US wants something in return from the Libra project. Libra would want an environment to do business freely under the security of the US worldwide. Anything endorsed by US is readily accepted around the world while the ones banned by US has nearly no future.
The only thing US wants from Libra is sharing of every information the Libra would ever have.
1709  Bitcoin / Bitcoin Discussion / Re: France to launch their own cryptocurrency on: December 11, 2019, 06:09:02 AM
well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year Cheesy Cheesy



They would not want to be left behind as countries move towards a crypto future. France has always been among the first to embrace change. Though they may not be the first to start it or the one to do the best, they have been consistent with their desire to create a modern and free soceity.
1710  Economy / Economics / Re: Who is the richest person? on: December 10, 2019, 05:14:56 PM
Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.
1711  Alternate cryptocurrencies / Speculation (Altcoins) / Re: As Per Crypto Expert Will Litecoin Coin Price Reach $1,500 by 2019 on: December 10, 2019, 05:07:40 PM
I think it's highly unlikely for Litecoin. Litecoin is an abandoned project and I see no active development ahead that would lead it to remain behind many of the coins.
It was the halving that helped boost the price of litecoin and there's not much to make it change.
1712  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Which wallet is best to for ERC20 tokens? on: December 10, 2019, 05:04:45 PM
For ERC tokens, I prefer to use Myetherwallet as you not just only have control over your private keys and the amount of gas to spend, you could also manually add any tokens to display them in wallet. Most of the web based and desktop based wallets are not as easy as accessing your wallet through myetherwallet.
1713  Alternate cryptocurrencies / Altcoin Discussion / Re: Dont have the right to know WHO OWNS YOUR MONEY on: December 10, 2019, 04:32:48 PM
I'm not surprised from the response. They are already suffering a lot just for being a large exchange from different authorities. Most of the authorities around the world would be wanting to ask a tax from binance for any reason for their connection to the country. A reminder, don't keep your coins on exchanges as much as possible.
1714  Alternate cryptocurrencies / Altcoin Discussion / Re: Deutsche Bank said Crypto will Replace Fiat Currencies by 2030! Really Possible? on: December 10, 2019, 04:26:53 PM
Crypto solves different problems in financial world. It is an efficient and effective ways of distributing values. There are surely a resistance as the world could not just change their new habit. And there is a huge business related to fiat regulation which are resisting the crypto adoption.
1715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 500,000 Tezos Deposited Into Binance: Staking or Dump Impending on: December 09, 2019, 04:19:18 PM
Deposit from external wallet to an exchange mostly means the depositor is about to sell off the coins. The exception are generally the staking reward or airdrop or facilities for holding coin for which there are no current offer for tezos. We could soon see a dump in price of Tezos.
1716  Bitcoin / Bitcoin Discussion / Re: Fundstrat’s Tom Lee: 99% of USD is Speculative, Why Discredit Bitcoin? on: December 09, 2019, 03:57:53 PM
The thing that makes USD strong is its exchange value. The price of goods and services remains similar to the value of fiat as they are generally priced against fiat.
For example buying a television set with fiat won't differ  a huge when buying with USD while differs a lot around time when buying with bitcoin.
1717  Bitcoin / Bitcoin Discussion / Re: Who needs Satoshi Nakamoto principles? on: December 09, 2019, 03:48:48 PM
The real principles of Satoshi are still debatable. Though he imagined bitcoin to be a currency and a decentralized one, it due to its rarity became an valuable asset for rich people to buy and control the supply. The price is actually how low the holders sell rather than the value of the coin.
1 vote a CPU is still an ideal for a decentralized coin.
1718  Economy / Gambling / Re: bustabit – The original crash game on: December 09, 2019, 03:39:21 PM
There's been rumors that bustabit is enforcing KYC to users or at least selectively. Does it have any truth? or is just a FUD?
1719  Alternate cryptocurrencies / Altcoin Discussion / Re: Hide my money from my country on: December 09, 2019, 02:46:56 AM
It's not just tax people are afraid of. There are many autocratic countries around the world that can confiscate your money and property for no reason. Take and example of China. However high status you may make, differ in a small thing from CCP than you become a criminal. Even the foreigners working on such regime are caught and confiscated. They work for years for a better life and all they get for their effort is trouble.
1720  Economy / Micro Earnings / Re: ❤️️ FAUTSY.COM - 10 to 20 Free Satoshi Every 5 Minutes! on: December 08, 2019, 04:37:57 PM
i receive error 500 page blank when complete anti boot and click in claim.

Thanks. Fixed!

Thanks. I was too getting The site can't be reached. Now I'm being able to claim. I registered in Faucetpay just for Fautsy.
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