Bitcoin Forum
May 18, 2022, 08:58:35 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 »
1  Other / Beginners & Help / Re: Is 1 bitcoin is a good price as now? on: October 26, 2019, 07:45:09 AM
I'm not really sure what you are asking here. If your question is if the current price of Bitcoin is considered a good one, then that depends on the perspective. For a person who bought BTC earlier this year when it was between $3,000 and $4,000 per coin, then yes. Those who bought it when it was $20,000 per coin wouldn't agree. The price of BTC is as it is, and there is not really good or bad. It all depends when you bought, or if you are planning to buy what is your goal. If you want to make a profit, it is likely that it will grow at some point in the future, although drops are just as possible along the way. Most people believe that it will grow much higher than it is right now, so with that mindset yes, now is a good time to buy, at least if you are willing to wait a few more years before cashing out. If you are asking how to get more BTC, you can find an employer who is willing to pay in BTC, or learn how to trade cryptocurrencies effectively, join a mining pool, or simply buy it with traditional currencies, such as the USD.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Fastest growing coin? And biggest up ward movement on: October 25, 2019, 11:36:20 AM
Fastest growing coin?

What will be? 

What it was this year?

Im talking about only coins wich are all ready listed on Exchangers with decent volume!

Binance Coin was the best performer in the beginning of the year, before the bull runs. It even decoupled from BTC, or so many said at the time. So, if we don't count Bitcoin itself, then yeah, BNB.
3  Bitcoin / Bitcoin Discussion / Re: A Serious Bitcoin Security Warning!!! on: October 24, 2019, 07:59:06 AM
Here's another privacy issue and extra-carefulness is always needed!
There are a lot of people who use QR codes to share different data (also to share bitcoin or other cryptos) from their smartphones and the article below states the risks of using QR codes.

This is actually a known issue, although it is good to be reminded of it every once in a while. New users can definitely use all the hints they could get.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: With this possibly upcoming crisis in mind... on: October 23, 2019, 11:05:29 AM
With this possibly upcoming crisis in mind, what you guys think about investing in stable coins standardised with fiats?
Is is even a thing, that they will sink like a stone, just like fiats will? Are there any mechanisms that can protect such stablecoins?
Or maybe, I have a misconception of the reasons for their existence and nobody is actually hoarding st.coins?

Stablecoins have a fixed value, so their value should never change. In other words, buying them is not really investing as much as digitizing your money. You won't be able to profit by buying stablecoins, but you will have access to a greater number of coins, as stablecoins are accepted on many exchanges, and have lots of trading pairs. However, investing in them is not the way to go if you want to secure your funds, as their value usually depends on the value of fiat currencies. There are some coins that use other cryptos to keep their value in check, so you might want to consider using those.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin SV vs ETH on: October 22, 2019, 11:30:33 AM
Is investing in Bitcoin SV will be more beneficial as it haven't shown full potential yet or ETH will still be dominating in the time to come and should hold onto it ??

The decision is yours, but I don't think that Bitcoin SV has anything real to offer. Ethereum, on the other hand, does. And, with Ethereum 2.0 on the way, it will likely become much more modern, which is its only real flaw right now. Not to mention that even in this state, Ethereum still dominates as a development platform, and the fabled 'Ethereum killer' is nowhere to be found. Shortly, I would say that ETH is a better option.
6  Bitcoin / Bitcoin Discussion / Re: Are People Losing Interest with Bitcoin? on: October 21, 2019, 10:46:40 AM

There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.

Is this something we have to accept or should we do something about this?

Well, if you compare the prices, it is clear why interest is lower today than it was back then. There are always people who don't care about technology, innovation, or making the world a better place, and all they want is to make money. As soon as the prices started dropping, they bailed. In other words, it's not that people are not interested in BTC the BTC price is not right for them at the moment. They are keeping an eye on it, but they don't want to risk going short, or to HODL. They likely just want a bull run that will bring them lots and lots of $ in a few weeks or months, and then they would leave again.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 10 Cryptocurrencies Predicted to Dominate the Market in 2020 on: October 19, 2019, 11:08:01 AM
Well!! As you all know currently crypto is down, cryptocurrencies are not performing as expected. Moreover, various crypto influencers like Mcafee and others predicted particular coins as per their potential in the crypto market.

2020 is near.. knowing the top 10 cryptocurrencies in 2020 is very important which will benefit the traders to overcome problems.

What do you think?

Well, I wouldn't say that the crypto is down. Many coins are much higher than they were 9-10 months ago, and definitely higher than in 2018. Look at Bitcoin, from $3,200 to $8,000. It was higher than that, yeah, but it is still pretty good. As for the coins that will go big in 2020, it is not that easy to predict what any coin will do, or what it might happen to it, or how the investors and traders will react to events and changes, so I wouldn't take anything from this article for granted.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Gram vs Libra: is there any difference? on: October 18, 2019, 06:27:37 AM
I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?

Gram and Libra are different in the sense of their legality. Gram is as legal as any other cryptocurrency. i.e. most of the jurisdiction considers it as illegal and would be outright banned in the crypto oppressive countries like US and China.
Libra on the other hand wants to be a universally accepted legal currency. It wants to be the coin of Facebook platform.

Exchanges are delighted to accept gram but Libra would probably chose the exchanges that can accept it.

True, the US SEC already halted the launch of TON, stating that it was illegal for US investors to buy GRAM.
9  Bitcoin / Bitcoin Discussion / Re: Hated Personalities in the World of Bitcoin on: October 17, 2019, 08:54:34 AM

In every industry or market, there will always be people whom many loves and many hates. And in Bitcoin and cryptocurrency, there is no exemption here. While hating is not a good business, expressing some dislike can be a healthy one.

As far as being hated, I can think of at least two personalities, and we know why many don't like them: Roger Ver the man behind BitcoinCash and of course Craig Wright who earned the moniker as "faketoshi" as he is continually claiming to be the real guy and behind the Bitcoin SV (the original Bitcoin, according to its site).

Can you add more, please.

Craig Wright probably holds the crown due to his lies about being Satoshi Nakamoto. Not to mention the entire BCH hard fork incident which basically caused another market crash last November.
10  Bitcoin / Bitcoin Discussion / Re: Bakkt has traded only 7 BTC so far on: October 17, 2019, 04:57:36 AM
This was always the "moonshot bet" of the NYSE ownership, looks like an underwhelming start to Bakkt trading with only 7 BTC traded.

How will Wall Street react to Bitcoin-settled futures?

See, that's the problem with hype everyone expects that the new thing will magically solve all of the problems or be a major success right off the bat. It took BTC 9 years to reach 20k, it didn't do it within a month. Similarly, just because Bakkt got launched, it doesn't mean that institutions would just rush over and start throwing their money into crypto space. The fact that any trading has been done so early on is a pretty good start. There were no incidents, which is also good. Now, let the hype die down, and let institutions slowly tra to experiment with the exchange, one $ at a time if need be.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin Legality effect on: October 16, 2019, 06:39:50 AM
my mind always asks, if one day bitcoin gets legal regulation, and is recognized all over the world. will fiat currencies continue to work? which country will be saved by the economy? and which countries are negatively affected? Or not effect in country. because in my opinion. when the legality of bitcoin is recognized throughout the world. There will be no currency difference. all values ​​are the same. or will become commodity items such as gold etc. Give me your opinion

I believe that the world might end up using a single, digital currency, but not as soon as in a decade or two. Maybe in 50 or so years, or maybe even longer than that. Is that currency going to be Bitcoin? Maybe, but not likely. If anything, Bitcoin will evolve into a store of value, and something else will become a currency for everyday use. However, to answer your question, I expect that crypto and fiat will coexist for a long time before fiat finally goes extinct. It will have to happen eventually, but the process will be slow. At first, cryptos will be something used by a rare few, even though it will be accepted by most merchants and services. Then, people will start using it more, and in the end, fiat will likely be a back-up currency, most likely existing only in bank accounts and spent via the credit cards. We are becoming more and more cashless with each passing year, and the change is inevitable. All that remains to see is how long it will take.
12  Bitcoin / Bitcoin Discussion / Re: retrospective of your thoughts on: October 16, 2019, 04:58:44 AM
A few years ago, I got a task to write an article or two about it. I had no idea what it is, so I had to do quite a bit of research. It was interesting but i did not expect that something would ever become of it. That was long before the ATH and alike, and I did not expect that it will grow as large as it did. It sounded too good to be true.
13  Bitcoin / Bitcoin Discussion / Re: Is Satoshi Nakamoto a single person? on: October 15, 2019, 06:39:23 AM
I suddenly feel that Satoshi Nakamoto is like me, is single.

Original post link:

Nobody knows, and even if someone does they are keeping quiet about it. The fact is that Satoshi is the only one who can prove his/her/their identity, and he/she/they decided not to do so. Satoshi might be a single person, a group or a team, or even a company or an agency. It is a great topic if you like conspiracy theories, and it gets wilder and wilder as you get deeper into it. In the end, however, it doesn't matter who Satoshi is, and most people actually like a bit of mystery regarding Bitcoin's creator.
14  Bitcoin / Bitcoin Discussion / Re: Bitwise Rejected a place in the SEC on: October 15, 2019, 06:35:27 AM
Can this be an indication of the end of the Cryptocurrency trade?

Also, In the article, it's mentioned
The decision was announced unplanned for the financial markets, as this was communicated to the public after the closure of Wall Street.

Is this normal?

Source -

Hardly a surprise anymore. I had hoped that things might change, and that a plot twist would happen, but it seems like it is still too early for this. A shame, but what can you do.
15  Bitcoin / Bitcoin Discussion / Re: Dinar, Dirham to BITCOIN on: October 14, 2019, 05:59:11 AM
there are some people consider Bitcoin is digital gold. because of its mining system and limited stock. So do you think the concept of bitcoin refers to Gold? because gold has a stable value throughout the world. if true. then the country that uses the first stable coin is arabic, with its dinar and dirham. and perfected by bitcoin with computer networks and the internet. What's your opinion.?

I think Bitcoin can't really be compared to anything from the past. It is unique in what it is and how it works. Of course, it is most commonly compared to gold, but it is better than gold. It is borderless, decentralized, and we know that it has a limited supply, as well as how big that supply is. There are no guarantees that someone won't discover a massive new source of gold at any point, knocking down its value. That can never happen to BTC, and as soon as it starts seeing greater adoption, its value will have to skyrocket.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Store of Value or Method of Payment on: October 14, 2019, 05:55:33 AM
I've recently meditated on this thought. We all want businesses to adopt bitcoin as a payment method and people to pay with it, but I think most people are rather avoiding to spend their BTC as they see it more as a store of value that will bring wealth to them over the next years. So they are more likely to keep their BTCs and spend the fiat currency, thus the use of BTC in day-to-day transactions won't probably go up until people actually get their wages in Bitcoin denomination. But in order for companies to enable that so it will be convenient for both the employee and the employer we need to have the infrastructure in place, including regulations and major stores in the cities accepting BTC.

What's your thoughts on this? Do people prefer to spend their BTC or do anything( maybe even taking a loan) to protect them?

I think that store of value will be the future of BTC, while another, faster coin will become dominant for payments. I can't tell which coin that might be, or if it is even invented at this point. Perhaps ILCoin, they are making crazy breakthroughs regarding transaction speed and block size and alike.
17  Bitcoin / Bitcoin Discussion / Re: Alt coins better or stable during bitcoin lot of movement on: October 12, 2019, 04:56:27 AM
The problem with altcoins is that most of them have no value or real use, which is what makes Bitcoin and a handful of other coins stand out. They are not supposed to perform well if there is no purpose to them. Imo, it is better for them to fall and disappear, and leave those actually worth something at the top.
18  Bitcoin / Bitcoin Discussion / Re: Bitcoin holding will be worth this year or in the long run? on: October 12, 2019, 04:52:08 AM
I found this article on cointelegraph : I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

Bitcoin will go up in the long run, there is no doubt about that. As for short-term price, that can go either way, although I expect a surge in early 2020 due to the incoming halving.
19  Bitcoin / Bitcoin Discussion / Re: Tobacco shops - the way to Bitcoin adoption on: October 11, 2019, 10:35:26 AM
According to the CoinTelegraph article 5200 Keplerk tobacco shops will start accepting bitcoin payments in form of coupons. I think they not only accept bitcoin payments but also enable customers to buy bitcoin coupons that I think are redeemable but their partner Bitmedia or maybe they are only usable withing their shop network. If anyone here is from France and can share his experience with this I would appreciate.

5200 locations accepting BTC as a payment adoption is huge in my opinion, not only that but it is mentioned in the article that giants like Decathlon and Sephora will start accepting BTC by 2020. What do you think is the quickest way to adoption? Big retailers or small local tobacco or coffee shops which people go to on a daily basis?

There is no quick way to adoption, i don't think. People need to know that their money will be secure, which means regulations and at least some price stability. Sure, risk-takers that still don't know about BTC will learn about it if many different brands start working with it, but that's a handful when compared to the entire world, which is the real target. Tobacco can bring thousands, or even millions, but it wouldn't matter as long as billions don't know or don't care to try.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Blockchain-based social media worth it? on: October 11, 2019, 06:21:45 AM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? Huh

I expect there might be a future for them, but platforms like Steemit allow you to actually earn by participating, which immediately causes suspicion among people. Everyone wants an easy way to earn a few extra bucks, but when it appears, it sounds too good to be true. And, as most people are lazy by nature, they don't bother with researching and seeing why things are as they are. Then, there's the fact that these social networks are not as popular and well-known. I remember the early days of Facebook, I wasn't interested in creating an account for years, simply because there was no one i knew on it. Back then, simply adding strangers was not really a thing for me. There is also a lack of awareness, definitely. These platforms must offer unique features to the user, something that Facebook, Twitter, Instagram, and that lot do not have, which is pretty difficult. And even if they did it, new technologies will make people hesitant and confused.
Pages: [1] 2 3 4 5 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!