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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.
Yeah wouldn't that be terribly ironic if he called it way in advance. And this is their way of dealing with him. But they called it themselves, 30 years ago. So why should they be getting short with him for just repeating the things that they themselves said long ago? A lot of these policies are wide open for people to see. Look at the Wolfowitz Doctrine or anything that Kissinger says on the middle east and Russia. I don't really think that they are in the position to establish this new currency at the moment. Everything is still too tied up. |
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The paying method you mentioned is implemented several years in Lund university in Sweden.
And today in China, Alipay is supporting to use your face without taking the mobile to pay if you set the permission.
One step closer to complete surveillance over who pays for what. Once the government can monitor every payment being made they'll be able to sell that data to corporations. It'll be every economist's wet dream. This face transaction business is a bit worrying to me. I don't think I would support that myself. It's like the chip implementation or fingerprint reading system that they've got in mind for cardless transactions. The problem is many countries are still resistant to the concept of not having cash in their pockets. |
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Personally I assume the bitcoin for long time in all the aspects so I have strong faith on bitcoin and it will be reach the peak value again in the market. I expect the bitcoin to touch the 20k USD on this coming christmas.
If I received a dollar for every time I read the cliched phrase above on every bitcointalk megathread, I probably will have collected a large sum of bitcoin right now. Trick question: Am I trolling you or just stating the obvious? ...and no one notices the obvious. It's kind of ironic how there is so much absolute conviction that the price will be 20k, 60k, 180k by the end of whenever the hell it is, but there's absolutely no evidence for that move. Just pure speculation, or perhaps not even that, just pure hope. Well, I'm not so sure about bitcoin, but I know for sure that most markets don't react to hope, especially not the hope of investors who are already holding a position. It needs something new, unique, novel, exciting, and fresh to make a move to that degree. |
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Bitcoin is losing its value in terms of price but it is gaining dominance for the few days and it already passed 50% which maybe the most all time high of this year,so bitcoin is most trusted by others when comparing others,we may see another good run in the end of the year due to many factors.
Bitcoin isn't losing or gaining value. Coins tied to Bitcoin do. 1BTC = 1BTC. It's not the best thing to add so much importance to Bitcoin's dominance in terms of its market cap. Altcoins are similar to leveraged positions which make them go up and down way beyond Bitcoin's price movements. If we indeed happen to see a somewhat decent increase this year, it will pump altcoins back to where they started before the recent decline, and who knows what an altcoin season (if it still exists) is capable of doing. Fact is that the whole crypto industry has not been innovative enough this year, which is quite a shame. It's like the bear market has completely covered this industry with so much negativity, that not much seems to happen. Yes exactly. The value will always hold its value in consideration against itself. But if you want to compare it with something else, like the dollar for instance, you might notice that it has decreased since last December. So what? It has increased significantly if you don't look at the peak from the winter. Average it out and you'll see that it's still up. The reason why we still see slow action right now is just because no one sees any good reason for getting it going at the moment. Everyone is still thinking about what happened in the past. |
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I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.
Yes. I second that. You don't need to put all of the money into crypto. But if you feel that you absolutely must, you should keep it all in bitcoin. And if you feel that you absolutely must, you shouldn't put more than 10% of that into altcoins, preferably the top 10. But even that is pushing your luck because they have a lot of vulnerabilities. Crypto is not the only solution for investments. Other more conventional forms have their merits as well. Nothing wrong with branching out a bit. Great advice. I'm into the gold, real estate and silver game already. I have diversified my Bitcoin into Altcoins since we dipped under 200 billion. I know this is possibly foolish and risky but you gotta take your shot at some point. Well, I'd say it's only foolish if you're putting so much in there that you start sweating when it goes down. But if you can watch it drop in value without any discomfort, then you're safe. It means you didn't invest more than you can handle. Gold and silver have been looking pretty good lately because they're so low. It might be a good opportunity to get a bit more. Also real estate is never a bad choice, as long as there are no geopolitical or disaster risks. |
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I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.
Yes. I second that. You don't need to put all of the money into crypto. But if you feel that you absolutely must, you should keep it all in bitcoin. And if you feel that you absolutely must, you shouldn't put more than 10% of that into altcoins, preferably the top 10. But even that is pushing your luck because they have a lot of vulnerabilities. Crypto is not the only solution for investments. Other more conventional forms have their merits as well. Nothing wrong with branching out a bit. |
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Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human]
Bitcoin is a software protocol. It can be updated/upgraded throughout the years to make sure it remains relevant and that's exactly what has been happening. Another important aspect is that in the crypto world having "better" alternatives doesn't mean they will surpass the "older" protocols. Bitcoin is still the top dog. Ethereum is firm second, where in both cases there are "better" alternatives but they fail to convert that into success because it has little meaning here. It has proven to be nearly impossible to gain ground as new project, and another thing is that the majority of the projects that do pop up nowadays are centralized. Innovation is what makes Bitcoin stronger than other coins. The altcoins are quite stagnant and many of them don't last for much longer than their first speculative run. Once everyone turns a quick profit they dump it and look for a new opportunity. Bitcoin has stood up to this test so far. It went on several big runs, and it's still standing on it's own. Yet another run like that seems a bit doubtful at this point, but we never know. Bitcoin continues to surprise. |
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In an article they say that. Approved Cryptocurrencies
The Thai Securities and Exchange Commission (SEC) announced on Friday the details of the country’s cryptocurrency and initial coin offering (ICO) regulations. The measures were approved at the regulator’s June 7 meeting and are expected to go into effect later on this month, according to local media. “The proposed approach has been through public hearings in several channels,” MGR Online wrote.
This is good news. Thailand has always been a bit more liberal about things like this. Their government knows how to please their people, and that's why people from all around the world like to retire there. Next it will be interesting to see how they plan to implement it. Will they accept it for payment of fines and taxes? That would be something else! Or if they'll just allow it to be transacted P2P. But how are they going to collect taxes on it? |
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bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.
There are many millionaires in emerging countries, and the economy is still miserable. Bitcoin is not the magic solution to all economic problems, but if it well exploited, economic aspects will improve a lot. Also, if you consider that Bitcoin is an investment that will make everyone rich, you should rethink I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency.
Because we have more than 1736 cryptocurrencies, bitcoin dominance[47.4%] has declined "only mathematically." sources -----> https://coinmarketcap.com/currencies/bitcoin/This is what I don't get. How can bitcoin make everyone better off? Only a minority of people use it despite its gaining popularity. It cannot be a magic solution to economic problems. It can only be one more tool that will fascilitate the transfer of money and remove the intermediaries so that people can transact for cheaper. But the ones who transact $0.25 for loaf of bread will not notice any difference in their standing because of bitcoin. In fact, they won't even be able to use bitcoin for things like that. The dominance of bitcoin is still present in the way that people use it for longer term holdings. The other altcoins are just quick little pump & dump runs and rarely last longer than that. |
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The most logical explanation is that the event was ordered by the " Deep State", and the hit was done by a German EU asset working in Porton Down. Had the Russians done it, then it would have been a professional hit, not the amateur botch up that one expects from EU "assets". There is no conceivable reason for the Russians to have done it, by the way.
That is the only explanation that fits all of the "facts" that have come to light.
Could you explain in a little more detail? Why wouldn't the Russians have any motivation? Didn't Skripal betray Russia? What would make Germans want to kill him? The article I shared implies that they've identified several Russians that were involved in the assassination attempt. You don't believe that? What makes you think that Russian assassins are better than Germans? A simple cost-benefit analysis would show that clearly, a blatent poisoning like this has much more damage back home than it does good. Putin isn't stupid, if he really wanted revenge then he would do it in a way that wouldn't point all the evidence back to him. Russians are certainly not clumsy when it comes to spy work. So who did it then? Well the "evidence" that the poison came from Siberia is far from damning--anyone can waltz across the border to Kazakhstan and then hop on the next flight to London with a bit in his pocket. But it certainly is a good way to lay the blame on someone... |
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I would run a business and not worry that the government would come around and tax me out of business. That would be nice.
Haha! This is a good one. How could no one have noticed the irony? That's the dream, to be able to operate a free business where you don't have to fight to make a profit. Some might argue though that the way America encourages innovation is through fierce competition. More people fighting to make money makes a higher quality of business. The problem with that concept is that the government is full of incompetent crooks who turn a few million a year off their circle of glory-jerking speeches and book publications after spending several years in office making the rich richer. I don't understand how people can stand against libertarianism but have no practical solution for these crooks. |
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Hi there! What makes nix special in your opinion? To me it doesnt spund like the ultimate private crypto. This is just one like a 100 others, nice features but nothing new. There are more sustainable coins out there that can provide more privacy, check out privcy! Greetings!  Yeah I'd like to ask the same question. Right now every coin seems to be claiming that it is the most private. Where do these claims come from? Of course, you can make sure that certain information isn't spread around, but that's like agreeing to Facebook's "Privacy agreement" and thinking that they're not selling your information. More specifically, what makes this coin have a competitive advantage over other coins on the (already saturated) market? I'm interested, but would like to know more first out of curiosity. |
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There is no blockchain balance. Blockchain is a technology system, not related to economy. Bitcoin is a payment made to promote blockchain technology. You can convert Bitcoin to cash on exchange through the exchange, you can find a seller from a country you are on https://localbitcoins.com. Maybe he do mean blockchain.info wallet balance? but quiet confusing since he didnt mention about its a wallet or literal the blockchain thing thing. Lets assume this is a blockchain balance then you can easily make it turn into real money. Localbitcoins would be the place and also there are exchange that do easily make convertions that you can easily exchange your btc to local fiat then directly withdrawn to your bank. Must be he was referring to cashing out from a wallet at blockchain.info, but I should be expecting he ought to know far better about wallets - how to use them effectively and how to secure them, if truly he has got some big amount to cash out or how exactly did he come into the coins in the first place? I pray it isn't anything am thinking  I've heard some people use blockchain in reference to bitcoin. Like "you need to open a blockchain account first" when trying to sell bitcoin. I think it's starting to become a bit of slang maybe? Another good P2P trading system is Bisq. It's through the Tor network so is more anonymous, and has an escrow system like localbitcoins. There aren't a lot of people on there however, and most trades are USD, EUR or GBP, which might be hard if you can't open a current account in those currencies in Romania. |
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I hope with the ban of facebook and google this can overcome or eliminate projects that scam. especially now many emerging bounty and airdrop new scam. I believe this can reduce this cheating.
I also hoping for that. Its because of freely posting in social medias just like in facebook, google, twitter and youtube about bitcoin some posting are fakes and it can be a scam. Even though there are still a informatuve post in social medias but for me the positive effect of ban is to limit the scams that can cause a trouble to the crypto world. I believe even if it that banning in social media, happened there is always a reasona and purposed behind it. Yeah that's the problem with social media these days. Every monkey with a computer can go and post junk on the internet, and we don't know who's lying and who's honest anymore. Social media sites are trying to deal with this by using their "smart" algos, but in the end it's the users who lose out because their feeds become echo chambers. It is a good move to ban these adverts because it will make it more difficult for scammers. Now they actually have to go out and register a domain name with an address. So if we get scammed we know where to find them... |
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That is the truth. Because there are guys who are always looking for opportunities to create FUDs when they are left behind. We will not avoid that, they will not stop when the goal is not completed. But we can limit that if we are fully aware of bitcoin and crypto.
And this is the importance of having conviction. We believe in what we have, so these people don't even faze us. We don't have to pay attention to the FUD if we don't want to, and if we ignore it, they'll feel even more useless for spreading something that no one cares about. It's like facing an angry friend with a smile on your face. If you don't return their negative energy, they can't continue giving you theirs. We have the belief in crypto and the knowledge of it, so we've got nothing to worry about. |
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Since Bitcoin is a digital currency and highly volatile i.e. it's real value changes so fast that if we're paying it as general transaction it would change in value in no time hence governments are still watching and thinking of the future of Crypto as a legal currency. And as some countries have legalized Bitcoin as a mode of regular transactions Bitcoin will soon become a legal tender in India and other countries.
I don't know, I think that the volatility would be reason not to use it as a currency for daily payments and such. It's too hard to measure the value of something if it keeps changing like this. Standard fiat currencies are lucky to see 2% a day, while these cryptos see 20% or more. It's hard to pay for your groceries accurately if the value of your money moves so much. And India is moving in the opposite direction these days I thought. They're trying to ban the banks from using crypto because they're afraid it'll escape taxation. India has been quite strict on its people about tax obligations, and bitcoin is one more way that they are tightening the screws. |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think it's just a coincidence, or just one dollar is threatening Bitcoin. It has been suggested that countries around the world would like to use Bitcoin to replace USD to limit US currency risk and avoid US sanctions - This can not happen because the dependency of payment is natural, if not dependent on USD, it may be other currencies. If Bitcoin can replace the dollar in international transactions, then countries are ultimately dependent on Bitcoin or another virtual currency, which is a vicious circle. Another point that makes Bitcoin difficult to replace the US dollar is its limited currency, only about 21 million Bitcoin in the world to exploit. Therefore, it can not meet the needs of international transactions thousands of times. In my opinion, Bitcoin may affect the role of the dollar as a currency accepted by countries around the world but can not threaten the dollar. As mentioned above, Bitcoin does not have a national force behind it, as the United States has an economy with annual GDP of trillions of dollars, and Bitcoin is not protected by any state. Meanwhile, the value of Bitcoin is being converted into USD, so it is not possible to Bitcoin threaten the dollar. Yeah that's a good point. It would have a hard time replacing the currency because of how the current payment systems are established. Think about international banking networks, like the SWIFT system or visa and mastercard. They've got the whole world dependent on their systems that it's not easy for bitcoin to just step in and take over. And, so many companies have such strict compliance policies that they would never dream of sending a payment in any other form than an electronic wire transfer. Bitcoin is denominated in USD, so it will always be measured in value against it. That's about as far as it will go though, from what I can see. |
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I see many people keep on trolling the bitcoin whenever it goes peak. well, you must understand the side of people. People bought when the price was $18000 and if they did it was probably because there were many analysts who made very high price forecasts, we are saying that had analysts who predicted that by January 2018 the price of bitcoin would be $40,000. then comes January 2018 and the price drops to $6000, see that this was a big loss for many people, it was the high expectations of the people that were taken, so it is normal for people to be hurt. Personally I assume the bitcoin for long time in all the aspects so I have strong faith on bitcoin and it will be reach the peak value again in the market. I expect the bitcoin to touch the 20k USD on this coming christmas. I think it's very difficult for the bitcoin price to reach $20,000 later this year, with the pressure from governments and regulations, it's very difficult to have large price increases Yeah exactly, it all depends on what that person's experience with bitcoin is. Far too many jumped on the train when the buying madness was at its peak, and then they got disappointed when the forecasts for the moon ended up crashing back down to the earth. Unfortunately, a lot of these people blame the coin before taking into account that it was they themselves who decided to click that button and put the money into it. Who believes forecasts anymore anyways? It's impossible to take everything into account at any given moment, and markets are so dynamic that a forecast I make now can easily be changed tomorrow. Just look at any historical data from governments or investment banks about forecasting and compare it with the real prices. I bet almost all of them were way off the mark. I'd agree with your opinion about having trouble reaching 20k as well though. After such a huge rally it's hard to regain steam so quickly. |
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I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
I think countries that still reject the use of bitcoin because the country's technology is inadequate, and the possibility of the country's financial management system has not been integrated with one another, and bitcoin is feared as a place for money laundering, most of which are corruptors in the country. but that does not apply to countries whose financial systems are very modern and technology from that country is already very advanced, surely the country accepts crypto currencies, especially bitcoin, for example Japan, America and other developed countries. Yeah true enough. There's still quite a way to go until it will be adequate to be a part of daily commerce. It has some use in limited transactions, like for services, but it cannot be used to the extent that visa can where millions of people are making trasactions around the world at any moment in time. The doom and fear also has a big part to play as well as mainstream media tends to portray it as a cash vehicle for money launderers, weapons salesmen, drug dealers, rapists... blah blah blah. They like to paint it black any way they can because it's unconventional and it threatens the current power system. |
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