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January 20, 2020, 12:07:08 AM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin SV Drama on: January 19, 2020, 08:12:32 AM

Well for those who are trap, then I feel sorry for them, they should have at least realised that there's no reason for the price to really go that high on January 14. Now the price is on the negative again and the price could continue to plummet in the next couple of days if the pumpers are done with this coin.

This is a perfect example of what a scam coin is, just telling the truth here.
A really obvious patter of price manipulation and people still fall to this scam coin. Bitcoin SV will never become anything other than a tool to gain profits for the people and its cronies. Now that people have realized this coin is nothing but a pump and dump garbage I'm expecting the second wave of massive dump.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Okay, Litecoin price needs to crash again now...... on: January 19, 2020, 06:26:23 AM
When the price increases this much you regret. I'm sure that if the price touched $30 when it got dumped you will think twice and decide to wait it until it hits $25. This kind of thing happen to most of traders and there's no point to regret it. But rest assured, in my opinion LTC won't hold long because you know all the bad rumour and bad news this coin has.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin scams and new Bitcoin users on: January 19, 2020, 04:32:42 AM
People that fall for most of these scams ate stupid. I can understand falling for a cleverly hidden scam but most are obvious and people still fall for them. They deserve all that they get. Its a hard lesson but what did they expect. If you going to be so stupid and loose with your funding then you going to lose it. A fool and his money are easily part.
Well, it's true though. Sometimes people could trust a complete stranger with the money they "had" without using their brain of what might happen to them and to their money which usually make them a victim of scamming. It's unbelievable that people could easily got lured when they are completely overtaken by their greediness and there are some stupidest scenario of being scammed out there that part of me makes a conclusion that there are no helping for these kind of people.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: An uncertain future of Libra! Is it good for the crypto traders? on: January 19, 2020, 03:56:17 AM
I doubt Libra project, which previously were all their big partners dropping out, this time they were not ready to release in 2020. This is clearly a form of project failure. besides, claims to be stable coins in my opinion will not go well, unless they can beat the USDT. why should use libra? while USDT is better and accepted in various large exchanges incrypto world.
Libra might target the average person who doesn't really know about crypto and its depth. Probably gonna works like Paypal but in form of crypto and they'll increase the adoption by merchants instead of making it listed on various exchange. But, it's just an empty discussion simply because all these rumoured features which Libra possibly carries in the future is just an empty talk without valid proof.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: This is why you shouldn't trust a Centralized Exchange! on: January 18, 2020, 08:07:30 PM
That really sucks, if an exchange having problem with withdrawal lke that which I think is, they are running out of balance that means they have used the money from all their users for something and they probably lose that money. I know that we shouldnt trust centralized exchange but we can't deny the fact that we also need it. that's why only use it temporarily and choose the popular ones.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Is BCH, BSV more profitable than Ethereum? on: January 18, 2020, 02:58:44 PM
Depending on the time you bought it, but these 3 are really profitable assets if you bought and sold at a good timing.
just recently the market were surprise due to the big pump by BSV and in fact it made a new ATH and even BCH were also profitable that time, both bitcoin forks are profitable and if that will be our basis, of course we can say that ETH was left behind.
Everything could be profitable if we can sell them at the right time but that's simply impossible. BCH and BSV as people said is basically coin that was created for the sole purpose of gaining profit and I don't believe about their vision or whatever. whether it's profitable or not just a matter of luck. Imagine if ETH is the one got pumped and instead he's holding BSV. I guess he'll regret over it aswell.
7  Economy / Economics / Re: Bitcoin Can Gain 100% In 2020 - Halving Not Priced In, Says Fundstrat on: January 18, 2020, 02:25:44 PM
Year 2020 is still a long way to go but depending too much on halving and expect it to give us miracle is wrong. People always say halving make the price go this direction and trying to make overly optimistic statement about how halving could miraculously double the price of bitcoin although that's in my favour I just don't really sure. people free to believe his statement but I'd prefer to not overly optimistic but instead being realistic about how the price could possibly become.
8  Bitcoin / Bitcoin Discussion / Re: Is $1.1 Billion Transaction in Bitcoin That Big of a Deal? on: January 18, 2020, 01:34:59 PM
This is a huge transaction with fast time and unbelievably cheap fees, bitcoin is proving to everyone about its superiority over the old financial methods.
I am sure no bank can handle such a large transaction with such time and fees.
Well, each has the advantages of its own and the blockchain is really effective when it comes to transferring large amount of money since the fee is not determined by how much BTC inside a transaction but rather the size of a transaction not to mention all the hurdle you will face with using bank transfer and could possibly being interogated. But, the irreversible nature of blockchain could also give a little risk.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: China Government Cryptocurrency on: January 17, 2020, 03:05:15 AM
actually I am still confused whether this Chinese cryptocurrency will have a positive or negative impact on bitcoin and altcoin. because until now Chinese cryptocurrency has not been released. I think we have to wait until this crypto is released.
and in my opinion if this Chinese crypto is only focused as a means of payment then I don't think this will have a big impact on the crypto and bitcoin markets.
I think it won't give a big impact to bitcoin or alts simply because this coin will be created for their own country and I'm doubtful that people outside their country will be able to use it. How the government opposes decentralized crypto and instead making their own currency is sort of isolating their own crypto to avoid competition against other existing crypto and to secure their economy. If the coin that's going to be released is going to that direction, the whole crypto market outside china will be left untouched.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining crypto by walking on: January 17, 2020, 02:35:20 AM
Don't quite understand all these ideas of "mining by walking", "mining by playing", mining by "feeding your neighbour's dog"... What's the point seriously? I think this is funny but nothing more. No real value.
A way to motivate person to do something by rewarding them few cents for a whole month I guess. The team that created such project I could assume are people who are doing it for fun and there's nothing more to it. Even "mining by walking" doesn't make sense at the slightest. If mining in blockchain means solving math problem through the use of computing power, how walking around the neighbourhood could solve a math problem let alone millions of it.
11  Bitcoin / Bitcoin Discussion / Re: 67,1% of micro businesses do not know what cryptocurrencies are. on: January 17, 2020, 01:39:19 AM
The remaining 32.9% who said they knew the concept of cryptocurrencies, were asked another question, in which they were asked, if they would be willing to accept cryptocurrencies as a method of payment? and the result was that 50.4% of respondents he said no .

Their answer is "no" untill people have a demand for paying with crypto
Actually if the way to implement cryptocurrencies as payment method into their business is simplified to the point it's as easy as receiving cash they certainly would. There's no harm in accepting cryptocurrency and you could benefit to cover a wider customers target. Even there are some services out there that are taking advantage of the fact that they are accepting cryptos and use it for marketing purpose.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency will not replace fiat currency on: January 17, 2020, 01:26:14 AM
The real reason why bitcoin is invented is to make it as a real currency like dollar and euro but since majority of the people are making it as a good investment and never really use it in most of their payments, so bitcoin remains as an alternative currency next to fiat. Crypto will gain more recognition in the next years but replacing fiat for crypto is still very impossible for now to happen.
Actually it's fine if bitcoin is being used for investment. There are many people out there who invest to fiat for example USD and Euro but the problem which bitcoin faces is the fact that most of people who use bitcoin prefer to use it as an investment rather than spending it and I can see that people who truly use it for making an online transaction is quite few compared to majority of bitcoin users meanwhile those fiat investors are only minority.
13  Bitcoin / Bitcoin Discussion / Re: Blockchain the most desirable skill of 2020 according to LinkedIn on: January 16, 2020, 03:47:38 PM
i think Artificial intelligence is the hardest programing skill after data scientist.
of course blockchain is hard skill but if you know programing, its more difficult to create AI than create our own blockchain.

today the source code and learning platform of blockchain is very easy to acces and we can forking from other people too.

I have a friend that says AI is basically nested ifs and being blockchain developer I assume will have if not less is equal with the difficulty of programming an AI. Currently blockchain course is still lacking after all and it's being most desirable skill simply because the overwhelming demand meanwhile the amount of developers is still too low. But, i'm pretty sure that this hype will be gone very soon and blockchain developer being most desirable skill will be just like any ordinary programmer out there, first in demand then the market bloated with freshgrad programmers like crazy.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin SV Beats ETH very hard Soon on: January 16, 2020, 03:07:25 PM
ETH scam? BSV does provide benefits, but that does not mean it can beat ETH. Have you ever seen when XLM overtook ETH and moved up to 2nd place? Then, what happens next?. Yes, ETH returned to 2nd place after that. No matter how high the BSV price rises, ETH will overtake it later.
That's what a temporary pump created by manipulation will do or even a blatant hype that only make the price that high but just for few days. ETH despite all the disadvantage it has is still arguably deserve the 2nd rank because how popular it is right now. Most of people that knows BTC will automatically know ETH aswell though that coin is certainly not in my favour.
15  Economy / Economics / Re: Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire on: January 16, 2020, 03:54:12 AM
One thing that I know for sure no employe becomes a millionaire without investing. You can't be rich if you just do your work from 9 to 5 you must allocate some of your money for investing in this case is bitcoin, Well, I agree with OP that we kinda hardly even to purchase bitcoin since our salary is not enough besides that we must allocate on our spending, however, some people become millionaire by building a startup but the chance to be successful is very low.
Only proper management could make us rich and investing is only one way to go. Blaming the wages and telling government to raise the wage that high is not going to solve any problem. Money don't grow no trees as well as the employers' and company's fund and increasing wage to ridiculous amount of $100/h will just spell bankruptcy for most of the companies not to mention the inflation. Our economy is flawed but too much demanding won't solve anything.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: I feared new altcoins might be left out on: January 16, 2020, 03:24:36 AM
Bitcoin reaching new ATH could also mean the increase in its dominance which automatically also means smaller capital left for all these altcoins but it will act as a natural selection and the altcoins that's still able to survive will also gain benefit of bullish market. New altcoins or project might be left out but only those that are garbage projects or alts. Bitcoin dominance increasing also doesn't necessarily mean those altcoins will be crushed.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Sinking ship or Sleeping Giant? on: January 15, 2020, 04:35:56 AM
Has any one checked the market share of Ethereum lately? Ethereum now accounts for just 7% of all the cryptocurrency market capitalization (compared to 31% in June 2017). The trends indicate that this share may further go down and there is a real threat of ETH losing its position as the no.2 cryptocurrency. The developers are also not helping. They are postponing timelines again and again and as a result the users have lost their confidence in Ethereum. The perfect example is that of Ethereum 2.0. No one really knows when it will be rolled out.
ETH just get old real quick, their whole market is built up from the hype of smart contract back then and right now it's still a thing because they are popular enough to make almost all exchanges accept them thus giving broader chance of garnering the capitals though it's now slowly sinking.
Delay in ETH 2.0 will just spell their downfall and increase the lingering doubt among the community whether this coin is still worth it or not.
18  Economy / Economics / Re: 10M Bitcoins Havenít Moved in More Than a Year, Highest Since 2017 on: January 15, 2020, 03:49:12 AM
Seems people really get carried away with the hype of halving though it doesn't guarantee price increase even at the slightest but people are still holding it nonetheless because why not and indirectly increase the price in the market like sort of self-fulfilling prophecy but if that's really the case there might be upcoming dump after the halving though I hope that the market when halving happen. But I think when the hodling practice becoming too common that majority of coins are stuck in the wallet it just seems unhealthy for the market.
19  Bitcoin / Bitcoin Discussion / Re: The Truth That Will Eventually Kill Bitcoin on: January 15, 2020, 02:45:00 AM
The video seems to have been taken down. Perhaps it was disinformation, because it has been proven a long time ago that you can make an asset valuable just by buying and selling it. Just like how people discovered platinum and oil and started trading with those. It's just that in bitcoin's case, it's monetary properties are mathematical instead of physical. It's not like I can make fake bitcoins and undermine it's value.
And currency is what most of people agreed to use and deemed to have value because people says so meanwhile paper money is just made out of thin air and backed up by nothing. There are some people out there that are still thinking these paper money backed up by gold but truthfully speaking they are just few decades behind because paper money is no more backed up by anything other than speculation debt and loan. Using the same logic I could say paper money is the same bullshit and even worse it can't even record anything but just a useless paper with fancy colour.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Currency Future in Pakistan on: January 15, 2020, 01:54:03 AM
"Digital Pakistan" is not necessarily a crypto and could possibly something that is a lot centralised just like Ali pay in china or apple pay. Although I don't really know the circumstances there regarding regulation against crypto but they just promised to bring crypto back to their own country which could probably only happen if the ban got lifted. Although, it's always good to see another market opening up to cryptocurrency.

Countries that have banned cryptocurrency inevitably make their own crypto, yes even though it is centralized.
This is for me like scapegoating bitcoin and other altcoins for their own crypto success lol. Although this government action as prevention of crypto fraud.
Though the choice is in the hands of each person and of course already understand the risks. But they are using the negative issue of crypto to build their own business. At least that's what I think.
Probably to avoid the risk of capital escaping the country and at the same time taking advantage of the technology which most of crypto carries as well as the benefits.
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