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Well, there are charities that accept BTC, and maybe a handful of other top altcoins. Bitcoin can't donate anything to anyone, but anyone can use Bitcoin to donate to many different charities. The question is if BTC community members are interested in doing so or not. Even so, i don't expect that to help. The exposure comes from the media, and the media doesn't publish 'good' stories. If it doesn't shock — it doesn't attract clicks/views. So, when there is a ransomware where the hacker wants to be paid in BTC, you can bet anything that it will be on the news. But, if a BTC user donates X amount of money in BTC to a charity, nobody cares.
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Well, in theory it could happen, although that doesn't mean that it will. I suppose, if quantum computing becomes a widespread thing, developers will just find a way to use it to strengthen crypto, and fight fire with fire. I'm not a developer or a cryptographer myself, so I can't tell if quantum computing can be used to strengthen BTC, although i would assume that someone will find a way if it can be done. At this point, i think we simply don't know enough about it to say anything for certain.
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What if Bitcoin was actually created by the CIA, or FBI, US Military to gather some intelligence? This weird imagination has been lingering in my brain because Bitcoin has all the signatures of what the USA Intelligence can create, Similar to the way they have created things in the past. 1. No one has ever created something as big and enormous as Bitcoin and chooses to remain anonymous. The temptation is always too strong for a mortal human being to resist. 2. I am of the opinion that Bitcoin is too complex to be the handwork of one man or few persons. And how it was quickly accepted and distributed shows the evidence of complex and thorough planning, too thorough, and too complex to fit into one brain  3. How the founders identities were carefully concealed from beginning to the end, without any trace. You will agree with me that only intelligence professional can achieve that level of privacy and anonymity. And you know, they won't make noise about it until they have gathered enough intelligence. Or may never say anything about it forever, just using it secretly for their purpose. What do you think? Have you ever reasoned in this direction? I like conspiracy theories as much as the next guy, however, there are some ways to explain most of the points you have made. For example, what if Satoshi remains anonymous because he is dead? A lot of people do believe that this might be the case. Also, you might be right that Satoshi has intelligence-related background, but maybe he is a former CIA employee or something? As for Bitcoin being too complex for one guy or a few people to think of, that might not be the case. Maybe they were just a competent developer with a lot of spare time (such as a retired intelligence agent) who went through a lot of work to develop it, test it, and alike? I mean, that is not a new theory, but all we can do is guess, and nobody knows for certain except for those who DO know. |
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I've given a lot of thought to diversifying, but at the end of the day, altcoins do what Bitcoin does, only at a smaller scale. Diversifying made sense in 2017 if you managed to run into an ICO that wasn't a scam. These days, however, you might as well put 100% in BTC. That way, you can at least get a decent profit if you do it right. And if you are into hodling, BTC is definitely the only coin where it makes sense, since altcoins don't exactly have a brilliant track record when it comes to staying relevant for more than a year or two at a time.
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I would like to play devil's advocate From this article I read “Unlike the volatility seen around other cryptocurrency’s in the past, we believe that Libra’s focus on creating a stable, low inflation currency backed by a reserve or real assets is a differentiator. Further, unlike other stablecoins, Libra will not be pegged to one currency but instead a basket of assets ranging from bank deposits to short-term government securities.” https://www.c[Suspicious link removed]m/2019/06/18/the-difference-between-bitcoin-and-facebooks-libra.html Will Libra Coin bring Down Bitcoin's dominance in the market, your thought? Highly unlikely. If anything, it might help Bitcoin, once people start developing interest in crypto. As soon as they realize that Libra is not what it could be, and that Bitcoin is — they'll move to BTC. Even if they go to some altcoin, it will be better than not participating in the crypto space at all. Libra will help the crypto space in long-term, even though that is not Facebook's intention. |
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There can be no adoption without regulations, so that's the first step. After that, the companies need to study the blockchain and see its advantages over old tech. And then, they need to feel the need to actually start using them to stay ahead of the competition, and ensure that they won't be left behind. Many are already exploring the technology and thinking about different use cases and its potential, but I don't expect many would actually implement it without it being properly regulated. They risk too much otherwise.
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On 6th of July 2019 the Bitcoin price was hovering around $7700 and within 20 days it went up to almost $12600+ and nobody even anticipated that it might happen. This was just over 2 months ago and a lot of people with a very short memory are already panicking and selling their coins. https://www.blockchain.com/charts/market-price?timespan=1yearI am posting this as a reminder to those people with a short memory that things in Bitcoin change at a very rapid pace and if you are too focused on the immediate price, you might just miss out on the next big price bump.  Also remember that we were playing around with a $3000 to $4000 Bitcoin price back in January, so it is not the end of the world, if we see a little correction.  Buy low and hoard those coins, you will not be disappointed if you do. <It might take 1 month or even 3 years, but I would rather be prepared ...than jumping the ship and being out of coins when it happens.> A lot of people are new in crypto, and they are simply not used to such changes. Those who have been around for a while — and especially in early 2018 — know that what you had said is true. Although, I agree that it is necessary for new traders and investors to be educated on the volatility and sudden changes, simply to help them avoid making bad decisions. |
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Hi fellas i am back again to throw a question at you all, this time i want to know exactly what will happen to coins and tokens that are listed on exchanges with no volume or too low volume after market start recovering, or if altcoins start surging in value, will these exchanges automatically have volumes due to the market surge or they will stay the same  ?thanks I think that coins like that are far more likely to just get delisted. Binance did it a few days ago with around 30 trading pairs, and delisting is actually pretty common with the so-called shitcoins. https://cointelegraph.com/news/binance-delists-trading-pairs-some-include-tokens-from-its-launchpad |
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I feel like TRON wouldn't have gotten very far without Justin Sun's hype. If you had asked me a year ago whether or not the coin is independent and capable of achieving greatness, i would say sure. The technology is good, the blockchain is fast, dApps are booming, and they even bought BitTorrent and launched BTT. Even more, Binance supported BTT and TRX earlier this year. However, ever since, TRON has been sinking. It's as if the coin is capable of standing out when the rest of the market is dropping, but as soon as the situation is slightly better for the altcoins, down goes TRON, never to be seen again. It is a bit weird, and I'm not sure that it is as good as I previously thought.
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Hi,
So Bitcoin has issues like speed of transactions and energy consumption.
As there is no 'team' behind bitcoin, how is it going to develop and make sure it is always competing with newer coins?
There are alot of coins resolving these issues and people are buying into them, but why if bitcoin is considered No. 1 ? Is there a possiblity the new coins could be linked with bitcoin or that future bitcoin 'integrates with them and their technology which therfore increases their prices?
Trying to understand this universe!
Thanks in advance
L
I think that is highly unlikely. BTC should come up with its own solution, like the lightning network. Linking and merging with another coin would likely damage its brand more than it could ever help its technology. |
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What do you think of this analysis? Everything until now (even the recent re-accumulation phase is just as planned). Can the push reach the new highs like 600k? The date says 25. May probably with libra effect included in the growth.  Seems like wishful thinking. I expect BTC won't see those heights for years to come, provided that it ever does. I would like to see it, don't get me wrong, but this just seems pretty impossible. |
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 Here is the explanation from Google, I just changed the terms to bitcoin, as I searched for bitcoin: See in which location bitcoin was most popular during the specified time frame. Values are calculated on a scale from 0 to 100, where 100 is the location with the most popularity as a fraction of total searches in that location, a value of 50 indicates a location which is half as popular. A value of 0 indicates a location where there was not enough data for this term.
Note: A higher value means a higher proportion of all queries, not a higher absolute query count. So a tiny country where 80% of the queries are for "bitcoin" will get twice the score of a giant country where only 40% of the queries are for "bitcoin." This statistic is for the past 12 months, and I am not really amazed that most bitcoin searches came from Nigeria. However, I would think Venezuela would be on the top 5 as well. I don't understand why Austria was above Switzerland, but oh well. I imagine South Korea is in 58 because they are searching for altcoins or something. So what do you think about this ranking? Here is the complete order: Rank Country, Percentage 1 Nigeria, 100 2 South Africa, 69 3 Austria, 59 4 Ghana, 59 5 Switzerland, 54 6 Netherlands, 54 7 St. Helena, 52 8 Germany, 44 9 Singapore, 42 10 Australia, 41 11 Ireland, 39 12 Brazil, 38 13 Slovenia, 38 14 Canada, 36 15 Malaysia, 36 16 Venezuela, 35 17 United Arab Emirates, 35 18 United States, 32 19 United Kingdom, 31 20 New Zealand, 31 21 Turkey, 30 22 Pakistan, 29 23 Portugal, 28 24 Philippines, 28 25 Belgium, 27 26 Norway, 25 27 Sweden, 25 28 Hong Kong, 25 29 Colombia, 24 30 Kenya, 24 31 Spain, 23 32 Czechia, 23 33 Lithuania, 23 34 Croatia, 23 35 Italy, 21 36 Finland, 21 37 Bulgaria, 19 38 Romania, 19 39 Israel, 18 40 Slovakia, 18 41 Denmark, 18 42 Vietnam, 17 43 Poland, 16 44 Peru, 16 45 Serbia, 15 46 Indonesia, 15 47 France, 15 48 Argentina, 14 49 Bangladesh, 14 50 Morocco, 14 51 Iran, 14 52 Hungary, 13 53 India, 13 54 Thailand, 13 55 Mexico, 12 56 Greece, 12 57 Chile, 12 58 South Korea, 9 59 Egypt, 8 60 Saudi Arabia, 8 61 Ukraine, 6 62 Russia, 5 63 Taiwan, 4 64 Japan, 2 Some parts make sense, but I'm surprised by the fact that Japan is the last one, or that the US is so deep down the list. Other places are higher than expected, but for the most part — yeah, It does make sense. |
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I agree, the process is advancing slowly, but it is advancing, and that is all that matters. The only issues is that people aren't willing to be patient for another decade. I'm certain that, by the time BTC's 20th anniversary arrives, the financial world will look a lot different than today. Time will tell. Until then, you can't go wrong by HODLing. |
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I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family? I ask like this because I think if something bad happens to us (I personally hope it doesn't happen), it would be better if we pass down all the things from bitcoin that we have to our families. For example, when we have an accident that makes us comatose state (I hope it won't happen) at the hospital and we need medical expenses, it would be better if our wife or children can take money from the bitcoin that we have to use as our medical expenses.
I personally bequeath all my bitcoin knowledge to my family. I told them my bitcoin assets, how I made money from bitcoin, and also told them how to access them. All of this I did so that all of my bitcoin assets could be useful for my family. What about you guys, do you guys do the same with me?
I never saw this as a problem. After all, if you trust your family with your fiat money, why is it so difficult to do the same with crypto? It is just a currency, not a state secret. So yeah, I believe in sharing. Better than for something to happen and that money ends up locked up forever, useless to everyone. |
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And people were worried about a few price drops. There's the proof right there, BTC isn't going anywhere. Although, this was only to be expected considering that halving is coming in, like, 7-8 months, and we ARE talking about Bitcoin, after all. |
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at the current state of ripple or what we called xrp
we see it move from .2 to .3 the situation is unclear wethear this coin has what it takes to compete or even go toe to toe with bitcoin
there are some news that xrp is now communicating with some remittance abroad to try to show how fast xrp is , but will this also help the price to rise to even like 5$ im not really sure what will happen in the past few days but im positive with the news I read
what do you think ? feel free to give your opinion
It is unlikely that XRP will ever be a real threat to BTC. It is heavily centralized, no matter what Ripple says. They keep claiming that they are just the largest holder of XRP, and not the controlling party, but even if that is true — Ripple is still a whale and it manipulates the coin in any way it sees fit. It has only been a few days since they released a huge amount after XRP price surged, that's as far away from fair play on Ripple's side as they can get. |
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I read of someone transferring a billion dollars worth of bitcoin and some people speculated that if it hits exchanges, it would cause bitcoin to drop.Do you guys think this is the cause or maybe it's just a bear trap?
Well, while whales are known for market manipulation, that doesn't mean that investors need to fall for it. People should have learned a long time ago that you need to be patient with crypto, and often wait for years to get the right opportunity. HODLing is the answer for BTC. |
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The veteran investor of hedge fund, Mark Yusko has said that it is not the right time for sell and Bitcoin (BTC) is only showing a buy signal. Yusko gave this statement in an interview with CNBC on 27th September.Read More: TheCoinRepublic Obviously, Bitcoin has survived worse than this, like the entire previous year, for example. Selling now would be a disaster for everyone who tries to do so. Now is the time to buy, or at least HODL. |
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If the only loser in 2019 out of 2600 suspects is Ripple, how is the community cleaning up this f--ing mess that we find ourselves wallowing in?
Ripple aims to be used by the banks and people who want to send money fast, but still use a familiar way to do it. Think about it — it is easier to go to the bank, make your payment, and the bank sends it in crypto. The alternative is that you need to learn about crypto, you need to buy it, make a transaction to the other person, who also needs to have a wallet and a way to cash out, and so on. Crypto is still not ready for everyone, and most people don't even want it — they are comfortable with the money they are familiar with. Ripple is not meant to be like other coins, or to be used as one. |
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Hello everyone, today I will share with you my newest creation , a cryptocurrency tracking excel sheet to track your investments that draws prices from coinmarketcap.com Google Drive: https://drive.google.com/file/d/1XNaJ-Ouizb24cHMNjAym9byyjeEynync/view?usp=sharingpass: crypto123 How to use: Download and open the excel sheet , accept the notifications , input your portfolio , click update I hope you will enjoy this , consider donating if you like it , have a nice day! It looks great, it could definitely be useful for someone new in crypto. Thanks for sharing. |
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