in other words it is exactly the same as PayPal but with a couple of more apps investing in it first!

well it is not global when they are blocking certain countries from accessing it to create an account. again just like PayPal.

yes, it will compete with PayPal strongly and change the game by a lot so PayPal has to increase their efforts if they don't want to lose the market to Facebook.

going up 2-3% is not called "skyrocket" in any market specially bitcoin market that 10% rises are still considered small rise
if you haven't figured this out yet then maybe you shouldn't start talking about bitcoin price at all. besides this rise was the continuation of the rise that has been going on for a while now ever since a couple of months ago price exited the downtrend and reversed upwards by breaking the $4k resistance.

Facebook and their centralized payment system is not even a cryptocurrency as we know it! and it has not yet gotten hyped up to be able to betray enough people's privacy for them to seek out decentralized bitcoin instead.

exchanges de-list coins when they stop giving them profit (profit of an exchange comes from number or volume of trades) so it shows that the de-listed coin didn't have that much volume which indicates lack of user interest and its death.
of course the definition of a dead project is a big weird among altcoins. a dead project in my opinion is a project that has nothing to offer and is a copy coin or a token. they are dead the day they are created. but usually people define them as dead when their trade volume drops to absolute zero otherwise there are hundreds of them that exist on some exchange (like Yobit for instance) and every now and then get 10000% pumps in a day!

that is the biggest problem with predicting price when there is an unpredictable behavior on the way. you think there are lots of sellers but even those who say they will sell aren't going to sell most of the times.
the final result depends only on whether price is going to shoot past $10k or have trouble breaking it. if the momentum and the buy strength of the upcoming rise weren't enough then all those people sell and we come back down to $9kish to go and test it again but it is also possible to see $10k be broken smoothly and we can reach $11k+ before seeing a correction to a much smaller value and stay above $10k for good.

well here is the deal  that has been happening for many years:
- if you are investing in bitcoin and want to have more bitcoin:
then investing in altcoins is a foolish thing because altcoins in long term have always lost value against bitcoin. so for instance if you invest 1BTC in altcoins, in a year that 1BTC can turn into 0.3BTC with a 70% loss.
in short term however, they are excellent as long as you are OK with pump and dumps. you can invest 1BTC in a shitcoin that is getting pumped and get 10BTC out (with a high risk) in less than a day.


- if you are investing your fiat and want to have more fiat:
then investing in altcoins is still a bad idea but not the worst thing. historically all altcoins drop in very long term but some of them in medium term can keep their USD value. for example if you invest 1000$ in altcoins you can turn that into $1400 in a year but the problem is that you are missing out on bitcoin rise meaning if you invested that $1000 in bitcoin then it would have turned into $2000 at least.

for example take ETH that people are so hot about for some reason that i can never understand! and compare it with bitcoin:
this year bitcoin has gone up from $3500 to $9000 and
ETH this year has gone up from $150 to $270 meaning from 0.042BTC to 0.028BTC
now imagine you invested $1000 in bitcoin. that would have been 0.286BTC which is currently worth $2500+
if you invested $1000 in ETH, that would have been 6.66 ETH which is now worth $1700+ that means you could have missed $800 just by making a bad investment. which is why i said it is not the worst idea.
BUT if you bought bitcoin (0.286BTC) and invested THAT in ethereum that would have given you the same amount of ETH (6.66) which is currently translates into 0.18648BTC.
in other words if you invest your bitcoin in altcoins you LOSE money because your 0.286BTC investment is now 0.18648BTC which is missing about 0.1BTC of it which is a 35% loss


now the funny part of all this is that most people do exactly that. they buy bitcoin with their fiat and then go on some altcoin exchange like Binance and use that bitcoin to buy altcoins. then they start building something that they call "portfolio" and then look at its USD value in total thinking they are gaining money while they are actually losing a lot of money due to bad investment decisions. it just shows positive USD returns because bitcoin price went up!!!

you mean the coin that is going to be created by Facebook? i don't think it will be listed on any exchange to have a ticker since it is owned by Facebook and also because it is a stable coin as far as the articles i read tell me.

https://www.coindesk.com/nouriel-roubini-says-facebooks-globalcoin-has-nothing-to-do-with-crypto

the biggest problems is first the people who are not that willing to spend their bitcoins and any big business like Amazon that is already working fine without any issues and is making tons of money don't see the "need" to go through all the trouble of adding a new payment method for a highly volatile currency that sometimes also has a high fee.
and second is that they don't feel the competitive pressure yet. for example if something like Open Bazaar grew big enough to threaten their business by taking a big portion of their customers and merchants then they will start panicking and thinking about competing.

you can't shut down something that is decentralized and make it disappear as long as people find it useful and continue using it. which is true about bitcoin. it is like saying torrent network will disappear but peer to peer connections will remain! you can't shut down torrent network since it consists of peers connecting to each other and sharing file. bitcoin is a much stronger implementation of a decentralized peer to peer network.

what will disappear is two things: 1. the altcoins without usage that keep being created even if they have the biggest market cap among altcoins 2. the government and bank issue tokens that are more centralized than anything else.

then it doesn't make sense to me because that is the only way i could explain this kind of big number. otherwise we don't even have enough blockchain experts to have 400 of them only working with this firm alone!

we have already have all the variations of what you are asking and some more. so i guess you can easily get your answer if you check the fate of each of them. and as you will be able to see, their fate has been exactly the same. they all failed and either died or are slowly dying.
the reason is simple, how you distribute the "reward" and all that does not matter at all. the only thing that matters is the utility that a project offers and none of these things offer any. in other words they are useless and that is why they are dying.

you can't  do that because bitcoin is not repetition of something that existed (a website) instead it is the new technology. so bitcoin is like the internet itself. and just like the internet people are skeptical at first but slowly are adopting it. and there will come a day that nobody can remember their lives before bitcoin/the internet existed.
but unlike the internet you can easily make your own, which is why so many altcoins like ethereum,... exist that have copied bitcoin.

why do you keep listening to the stuff these type of people make when they obviously are spreading nonsense about bitcoin and have no understanding of it?


people who say that must also think fiat is not real money and think the only "real money" is cash. because at this day and age 90% of times we are not using anything physical and everything has turned into digital form with credit cards, wire transfers, payment processors and online wallets.

what electrum wallet connects to is also a bitcoin full node. the difference is that these nodes have done additional job (indexed the blockchain so it takes more space on their hard disk) to make it easier for users connecting to their node to look up transactions and get their balances quickly.

the privacy issue is not specific to Electrum but to SPV wallets since you don't run a full node to download everything yourself and look up your transactions (balance) you have to rely on these nodes and when you request your balance they can see all your addresses and link them together or store your IP address and know these addresses belong to that IP address.

it is obviously bad if you want a very high level of privacy in which case your only option is to run a full node yourself. but it is good because people usually don't want that kind of privacy and also it is easier and more convenient for them to use an SPV wallet.

i don't exactly know what PwC is but with a little search it seems like they have a foot in financial services. so it is possible that "blockchain expert" in their definition translates into a person who has been making speculation in the cryptocurrency market. and we all know how stupid that kind of people are and they are far from experts but we have a lot of them.
it certainly wouldn't be the first time a company does this though.

it drops like that because of its huge circulating supply and mainly it was dropping hard in early days because of their bad distribution plans where they gave away to lots of people for doing small meaningless time wasting jobs.

coins like this with a huge supply don't have a good future of big rises. so all we can see in them is temporary pumps where they go up a little before the sheer amount of sells crashes that pump back down again.

first of all you have been among altcoins too much that makes you think bitcoin "pumped" to whatever price. but it wasn't a "pump" otherwise price would have fallen down to $2000 by now. pump is what altcoins have and that is why they can't keep it up and keep falling back down again.

secondly, this is not a bull run. so far it has been a come back out of a big dip that made bitcoin price be in an underpriced (below intrinsic value) state which is why it jumped back up. and now we are starting to enter the next bull market that will start soon. these days are the accumulation phase of that.

as i said earlier in this topic, there are a lot of newcomers who are still stuck in the trend that we had last year mainly because it lasted too long and also because these types of people when they choose a mentality they stick to it until they are either out of money or lose enough to wake up.
that is why we still keep seeing these kind of comments in speculation circles "wishing" for the drop they have been expecting to happen and being disappointed about it every day.

it is not wrong, it is happening but it is slow because adoption is slow and despite all the growth that we had over the years we still mainly have the enthusiasts being more interested in bitcoin as a currency and use it as one but most others are only seeing it as an investment so we only see them invest in it and not use it anywhere which is why you don't see it be used like this.

i don't think they can take that much of the market share if they open up a new "fiat" based bitcoin exchange targeting US only while there is a much bigger and better exchange called Coinbase exists which has most of the market in its control.

since this is not something that can happen overnight, it would have no effects on the hashrate because if the miners feel threatened they will move their operation to another state or other places where such ridiculous laws don't apply.

as for price, it is drama so consequently price could fall because of it but like any other drama it will drop temporarily before it goes back on the same track and continues rising.