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it is too difficult for me to dump my local currency and buy USD these days, a couple of months ago it was even impossible due to some government issued restrictions. so with your logic US dollar should not even be used and should be worth 0 because it is impossible to buy it! but obviously that is not the case, because the difficulty has nothing to do with US dollar, but it is all about my ability to dump something else for it.
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i can't open youtube videos here but i have to say engraving, etching,... private keys on metal is not a new thing. it has been happening for years. it is nothing special either. it is a more expensive version of creating a paper wallet that has a much higher endurance. and obviously you can't do it yourself at home and have to trust a third party to do it for you, so your option is to only do it with encrypted keys or risk losing all your coins.
a much easier and in my opinion better way of doing it is engraving using the special letters that you can buy and all you need is a metal plate with a hammer!
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the only reason why you would ever invest in any cryptocurrency can be two things and nothing else:
- technology
- profit
if you are in it for the technology then your options are going to be limited to possibly 1 or at best 3 coins since the rest are either nonsense coins with pump and dumps or copy coins with pump and dumps.
if you are in it for the profit then the reasons don't change per year! the reason is always there and you would be fooling yourself if you think they change or focus on anything but monitoring when the pumps occur.
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1.) What would be the best currency to use for international transfers from the US to places like India, North Korea, the Middle East.
2.) How could the recipients turn their crypto into cash without going through a bank? For example, if we sent 10,000 worth of Rupee to India via crypto, how would the end user convert this into Rupee in their country?
these two questions are not separate from each other. they depend on one another instead. you are looking for a cryptocurrency that you can easily send overseas while the receiver wants to easily receive them and the be able to find a place where they can sell them (convert to fiat). and do all that in the safes way possible. the only answer is bitcoin. it has the most secure network, and more important most secure wallets (from full nodes which are the hardest to use, down to SPV/light wallets that are easiest to use. and they work on multiple platforms and devices). additionally the adoption that bitcoin has compared to anything else makes it a much easier (but still hard) thing to covert to and from cash. the problem however is that although bitcoin is by far the most popular cryptocurrency it still has not reached mass adoption so people will always have a hard time when it comes to exchanging it with fiat. |
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I wouldn't take too much thought into this prediction. Remember what happened last year?
Everybody assumed BTC would go back to ATH after the tax due date? It rallied for a month and then started heading back down again.
Same for the prediction that it would rally from $6K in Nov-Dec 2018 because its usually when BTC has a bullish move. Instead what happened? The complete opposite and it was a nasty crash. And the crash was nasty due to all the over leverage people who assumed it was the bottom and were wrong and unless you used 1x leverage, you would of been most likely liquidated.
Actually, prediction works a lot and quite reliable especially when done though technical and fundamental analysis, if we look at fiat currency, it been quite easy to predict the market because of the level of stability it has attained, crypto too would have been easy if not for the level of dumping that goes on in the market and that is why it seems like we have lots of prediction that has not come to pass but if we are to go by the way the system should fully operate, those predictions could have been right, but now that we are still in a volatile market, what can we do? Nothing but to still continue helping the market with positive prediction whether real or not. two things exist in your comment that are wrong. first of all when someone is saying price is going to continue to rise when it has clearly stopped, the bubble has burst and the market is showing all signs of bear market. and similarly when someone insists on drop when market is clearly reversed and stopped at the bottom. both of these can not be true and it has nothing to do with the system and how it operates. secondly, when it comes to predicting the whole market (meaning altcons included) it becomes nearly impossible to even speculate about them because no analysis works since 90% of them are purely pump and dumps and you can't predict that. |
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this is the bitcoin board not speculation, specially not altcoin speculation. there is a button at the bottom of the page called "move topic" you should use it to move this to altcoin speculation board.
as for ethereum's breakout, considering how it has been having a hard time keeping the price up and also the fact that ICOs are now practically dead i don't see any major pumps coming its way so i don't expect any major "breakouts" from it any time soon, it doesn't matter what the charts show in this case.
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what we really need is a decentralized stable coin that is at least stable 95% of the times. so far we do NOT have anything like that. all we have are centralized stable coins most of which aren't even stable or trusted to be used.
so we don't need any more of the same thing and there is no point in creating new coins that are exactly the same as what we already have. they will simply fail like any other copycat coin so far.
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It has been discussed a million times here before that any groups like that are scams especially the paid one. I've read tons of complaints about how they get scammed by a pump and dump groups. You will only lose a lot of money if you tried to join any groups because they were the ones that will push you to burn your money so that they will gain your lose.
Im not just talking about Pump & Dumb groups on telegram that cover them self as a signal group and often makes MEGA pumps to quick grab some cash. What im lookin for is a group with decent amount of people that can and will attract customers not just by the amount of signals they produce but the content they deliver there are few groups i know were people actually share there opinnion often with tips and so on to keep the discussion running im sure there has to be somethin simmilar with quality signals and a active chat to guide there people. I have a bit of experienced about this and i still believe there are few good quality groups that i havent found yet and im hoping that people will share them. For now i'l leave the topic open incase someone new anythin dececnt but i might close/delete it later. Also my search bar wont open me my results so can anyone share me a link to a topic for BitcoiinTalk bounty program for active users? i'm sorry to disappoint you but no such thing exists. in the market, people who are actually experts aren't going to waste their time to teach others how to be like them and create competition for themselves. instead they will go and spend that time in the market earning more profit and filling their pockets more. this is even more true when you see someone is "selling" information whether it is signals or membership in some silly groups. again if someone is truly an expert they won't need small fees you pay them for membership or signal, they make a ton more from trading specially in this market. so there is no incentive in it for them to waste their time. the only people doing this are non-experts who are incapable of making money through trading so they have to do other stuff. |
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Don't shoot the unregulated exchange to me, I hope my currency to be safe.
i think you have misunderstood what regulations are doing to exchanges. they are not exactly there to protect the users' funds or make the exchanges more secure! they are there to prevent exchanges from doing certain illegal things such as money laundering and also they are there so that the government can force KYC and then be able to monitor who is doing what and where their money is going when it exits the banks. otherwise the exchanges can still be hacked or even scam their users and run away. |
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Sometimes I feel like people around here expect large traders to be irrational. They're here to make profits, not prop the price of BTC.
Actually, we see a lot of hard evidence proving the opposite And in this manner, the crypto markets are way more irrational than other markets out there. And making profits may in actuality mean propping up the price of some coin (though not necessarily Bitcoin). Bitcoin Cash and its variants are the first which come to mind instantly (e.g. Craig Wright buying hashes to support BSV) an irrational investor that is considered big will not remain big if they continue acting irrationally. they are considered big gamblers that reside in the market for a short time before going bankrupt. as for your example (WC and his BSV nonsense) it was not "irrational" but a rational decision in my opinion. he has been making money off of it by pump and dumping, and by a lot of different scams. not to mention that his FUD was one of the main reason for the last price drop so technically if he shorted bitcoin he could have made a ton of money. |
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it is about a year too late to talk about something that is nearly over and has started to die a slow death for the past 6 months or so.
the blockchain technology opened up a lot of opportunities for having decentralized currencies and then people turned them into "investments", otherwise it was never meant to be used for "trading", "fundraising",... that OP is saying it was. in fact all these last things are the reason why we have not seen any good project for over 6 years now.
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i don't really follow this shitshow to know about this particular case you are mentioning here but i have to say in the past there have been lots of cases of money laundering through these types of coin offerings. basically they release a fake ICO (and now IEO) and then put their own dirty money in it through fake accounts and since things are all anonymous and unregulated they can get away with it and then you see suddenly without anybody else participating, the positions were filled! that is because they are washing their dirty money.
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you never mentioned the name of the wallet you are using so it can be lost for any reason! it can be a scam wallet from day one that you lost your coins that day but you never realized it until today or it can be that you upgraded your wallet to fake version and that led to loss of your coins.
or it could be (based on the version number) the Electron wallet which had a serious bug in it that let anybody on the internet access your wallet if you had it open and visited a malicious site and they could steal your coins.
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if i had a satoshi every time some newbie advertises a shitcoin on bitcointalk as the "next bitcoin" i could have been a millionaire by now. they always do this, they find some useless junk that has copied a bunch of useless things from different places on GitHub and put them together like Frankenstein and fools newbies into buying it so that they can make profit!
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you can not call this a list of "bitcoin" forums and social media when 90% of your list (the links in this quote) are altcoin related! note that both /r/btc and bitcoin.com are focusing on an altcoin called "bitcoincash". or... you just started this topic to advertise your own website and you don't care about any of that  |
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your whole topic is hard to understand, you should really try to improve your English or visit the local board and post in your own language instead. is there an app of some sort I can use on my Cell Phone to let me know the current Blockchain Wallet Sending Fees
i don't know what you have in mind when you say "blockchain wallet" but if it is not about the blockchain.com wallet then the answer is that any wallet that is designed by a competent developer has a good fee estimation based on the memory pool. for example Electrum contacts Electrum nodes which run modified bitcoin-core and they will give it the appropriate fee and the user can set it to the recommended value depending on his needs. It's also about the number of miners in the system. As the number of miners increases, the ratio of the demand is increased and the fee falls.
that is completely wrong. it has nothing to do with number of miners because with difficulty adjustments number of miners wouldn't matter anymore. |
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you need to start being innovative if you want to spread FUD which mandates coming up with new stuff which people have not yet heard about so that you can fool them into believing the nonsense that you are spreading. take a look at these: https://99bitcoins.com/bitcoin-obituaries/ to learn how others have spread FUD in the past 10 years  |
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there has been no recent BCH growth whatsoever so i don't know what you are talking about here really. maybe you are calling a tiny percentage rise as "growth"! in which case i should welcome you as a brand new person entering the altcoin market and tell you that it is not a growth, the real "growth" in altcoin market is when a shitcoin like BCH goes up at least 70% which is happening every day with a bunch of altcoins by the way.
as for your title question, the answer is yes. as it is with any pump and dump altcoin, BCH will also see a pump eventually when the pumpers pick it it. so you have to wait until it is its turn to be pumped. and meanwhile earn profit from other altcoins that are currently being pumped.
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CoinSwitch has been operational since past 3 years, so we are not new,
i have not even heard of it until now! and it seems like a neat idea too which makes it even stranger. have you guys thought about advertising it more instead of just running a small referral offer? |
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at least now his predictions are starting to make more sense compared to what he kept insisting on last year with new ATH and stuff like that!
the biggest problem that bitcoin is currently facing for its rise is the damage that was inflicted on the investors' confidence because the latest drop that we had (going below $6k) was considered purely manipulative and due to BCash FUD and other kind of attacks on the market value. and to get out of this kind of lack of confidence we first need to see some rises and some time for accumulation. and that is what has been happening these days. if it is kept up we can see $6k within 1-2 months.
Exactly, Tom's prediction last year was very disastrous to his reputation, and he keep on singing the same tune when everyone, even just a casual traders knows exactly what's going on to the market at that time. At least today, or for this year, he learn from his past mistakes and his prediction seems to be achievable at least this year. I don't know how Fundstat and his clients are doing, and I do hope that his clients are still with him eventhough we're still in the bearish cycle. my theory is that him (and basically a lot of others like him who have been doing the same thing) are making these statements constantly in the media because they want to increase the publicity of their company. if you think about it, we probably would have never heard the name "Fundstrat" if he didn't constantly come up in the news with his outrageous guesses in 2018. others have done the same, like McAfee who obviously used that publicity to make millions from his tweets and his pumps of shitcoins. |
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