This is awful thing to do. Bitcoin is very popular these days and I believe people who are new to industry making such investments without even knowing what they are actually doing!

What I mean is, all they know is bitcoin being good investment for the future, it can give you profits, quick rich stuff etc etc. you name it!! This is because of lack of knowledge and superficially luring of profit.

Those people are also half accomplice in this since they could have listened or read about the scheme before investing all their life savings!!!!

The market will never stop because someone at some corner of the world is thinking about creating a new coin everyday. This could be out of greed to make money in short period or could be far greater use of ERC standards.

However in both the cases we the user comes under attack and at high risk of loosing money. They are not completely useless though! Good for intraday trading or short term gains. Also if you just think about ETH and BTC then that is all you want and you could simply ignore the rest of the market.

Its not gonna stop today neither tomorrow and so on.

Yeah it is seriously going insane. The coin is launched just three days ago with the opening cost per coin of $64.00 and now rose by 131% yesterday and 51% today. I guess this could be initial investments made by fan base and also some governing people.

This is way to risky to invest at this stage since it as already gone up by 95% since the time of launch price. Usually you do have chance when projects are just launched and people are trying to get QUICK bucks. But I guess its 50-50 chance at this stage.

I tried finding the news about it but seems hard luck.

I am also waiting if someone update with solid proof of this project.

Could be good initiative but could get restricted to developed countries only. While reading the article I came across this line which seems to be whole idea of the project but I think it could be chaotic one too.


The problem is there are big countries like India, Africa, Arabian counties, and large asia part who has banking system with poor infra-structure. I mean in terms of lining their phone numbers to bank account etc. doesn't work 100% in such countries. Where major part of population keeps changing the phone number and all they provide to bank accounts is their local ID's and nothing more.

In India, we had AADHAR card system to link every digital platform for easy tracking. However, slowly the drawbacks started popping up. For example, many people changed their phone numbers during the course of time or some lost it etc. Now you need to wait if you want to update the phone number, take an appointment and stand in line to do so.

Major portion is struggling with such incidences and I doubt banking remains in question. E-mail address, no way, they dont even carry one.

"This partnership will bring amazing things in developed countries BUT they will surely loose huge portion of asian customers."

That's good piece of map!! Brilliant way to list out what's trading where.

However does anyone notice few of the countries and continent are missing out here? I am amazed to see no data from their sites. I mean what's wrong with these . . .
1) Russia
2) Norway
3) Sweden
4) Finland

I think they were unable to get the data for them. Russia being whole continent have no reports. Lolz. Why so?

Exactly. In the process we all have started calling bitcoin and alts as digital currencies but they are crypto currencies. Of course they have digital presence and that's why the terminology is being mixed up now a days.

However, fiat being used via net banking, wire transfers, UPI's etc is also digital currency I believe.

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From your quote,


I think it is clear when they mentioned it as a "banknote but in digital form". Could be just internal tokenized system design.

In all of the article you shared this is most important thing to grasp here. The popularity of bitcoin has to increase a lot. Share companies or brokers will look after their own benefits but in the first place people who are actual customers of bitcoin shall get to know bitcoin extensively. Slowly this will help to spread the word about bitcoin to everyone whose left and more investment will start flooding. They must know it's not just trading commodity but it is more than that. An alternative to gold and diamonds to keep their assets for longer periods.

Every country accepting some portion of crypto is win win situation for this crude market.

For trading coins you choose BNB and also filter out your trading method to Intraday Trading. Since value of BNB is much lesser than BTC it will give you shared in bulk. Meaning slight change in its prices can give you multifold change in your trade. For BTC to move 1% upwards can take lot of time or money and remember that 1% would be change against whole 1 BTC. You may afford only few mBTC thus making your profit much lower than BNB. Better choose BNB and also choose top hiking altcoins when you go for the intraday trading with lower buy prices. Probably $50 to couple of thousands per coin.

Always explain your topics in brief so that readers can understand what you wanna say!

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The link will divert you guys to a platform of coin analysis site where almost all major tradings pairs are put in comparison.

The data seems to be fetched from various exchangers to show % change from each other. I believe this is same model as coinmarketcap but more or less simplified UI.

The dark theme suits the traders eyes so plus point for black background and contrasting colours for data.

The only drawback is, too many advertisement popping out middle of no where. Rest is sound.

Nope! Disagree.

The whole US economy is in crisis and so as to poor stock performance, and wait a minute bitcoin stands still 9K+ USD. I believe that is just a wave that occured for few times but it never relies on the stocks. I think we already had such discussion before and it point outs that this is indirect relation so sometimes it affects the crypto severely and other times it doesn't even move it a bit.

My disagreement is to the US stock thingie! I mean bitcoin is decentralised commodity and whole world trades it. It's like you comparing whole US market with rest of the world. That's lame.

I am from developing country as well and here are some facts about the small scale businesses in my country:

1. The local scale businesses here usually categories as grocery stores, Cake shops, medical stores (laws are different hence hundreds of stores around a small area), liquor stores, and snacks centers.

2. The SMALL scale here usually is fun thing. They are producers of different things such as chemicals, clothes (huge market), cotton, beer, Tea, pharma products, laboratories etc.

I made comparison here just to show that small scale businesses here are actually very big thing. There turnovers could be very huge.

This very different than your countries outlook where food making, agriculture etc are small scale which are local in my countries.
:-)

Small scale businesses here will surely have Chartered accountant to handle all the financial stuff. Locals will be on rough bills. !

This is supposed to happen since most of them are in the house and has nothing to do. Many of them are not getting salaries and some of them are getting paid half of the wages. I guess it is pretty sure thing most of them are now trying new ways of earning money. Then comes the bitcoin which is untouched by thousands of people due to no time or less trust on it.

As everyone is seeing bitcoin staying steady no matter with what the world is suffering, they think it's solid exchange deal.

I'm saying this based on multiple examples around my area. It's try your luck situation for many and have some sorta passive income.

I believe it is in hands of project owner who choose the bounty manager by himself. Most of the quick buck earners will fall for management of bounties where they are awarded with thousands of altcoins (of that project).

So, these are mostly lower ranked members and more over those who have newly registered in the forum.

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If bounty manager is newbie then either the project owner is NOT serious about the project OR it is the project owner himself who is trying to manage the bounty.

I believe in both cases trust factor reduces next to zero.

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So, forum can apply the rule but I seriously doubt theymos would want to do that as we may loose precious customers in the process if ANY. lol

Usually they dont allow the local boards that's why I was very confused in the first place. Thanks.

Hopefully this is official !

Can someone please explain me this point. Is it mandatory requirement to have 10 posts in local board for qualifying the 25 count?

Exactly. There is no such thing as "backend support" if something goes wrong with bitcoin transaction. Once you made a transaction you made it and no one can revert it on the blockchain.

This will be chaotic when users are mistakenly using in app purchases but later they don't wanted to have it. In today's time, Google easily overcomes this problem with trail period. If you don't like the services you get refund.

Who would trust the refund function when it will come to anonymous transaction of bitcoin ? Good for the money taker but not for the giver.

This is but obvious since market capitalisation of bitcoin is way more than few of the alts put together. At such high cap things are different and unreal. I mean first they get security of their value and keep themselves at steady state of USD value. The max supply of the coin also plays an important role in this regard, where bitcoin is limited and ETH is unlimited. When market moves up and down or go nuts then feasibility of price depends on demand and supply equation. That's why alts can be too risky to hold for very long time. ETH is okay but others I don't know, very risky.

If you ask me what altcoin is best then probably the answer is ETH, but if you ask about cryptocurrency then it's definitely BTC.

ETH is like bitcoin to rest of the altcoins. No matter what it's development has speed up in recent years and already seen boosted network speed. Many ERC20 standard projects are based on ETH. So we can't outlaw the possibility of ETH getting more valuation in the coming future.

What you doing is just perfect, just hold it, and sooner or later it's gonna pass it's highest peak point that is 1500 USD.

This kind of threads has to be there more often. Its more or less motivation to work enthusiastically in this forum. BitcoinTalk is grandest one and over the time if you don't log in someday then you feel like something is missing. 
It's great to come here and keep learning and spreading the knowledge at the same time. You sometimes do get into fight with some members but everyone does have their own opinion.

Okay, coming to the topic, in the process you do get recognition once you settle for good cause, improvement of this forum and sharing authentic stuff around here. I have seen many users who has gotten quick smerits (literally thousands) in very short period, geniuses one!!

Keep it up man. Upgrade is always the best!

When I read your post, it was like all funny and depressing right from the beginning until end. Nothing is about, everything is about knowledge. When it comes to management of finances and by that I literally mean proper savings, expenses to staking your money in the market you have to be very keen at it.

Being human we come with lots of surprises, greed, uncontrolled motions against money and love.

If you don’t control it you loose it all. People around the world do trading like crazy way. They go down to study decimals of change in any single trade and learn news, updates, global movements. It’s shot tons of stuff you need to know before you can trade effectively.

Don’t put a single penny in trade if you believe it’s all about your luck.

Learn, practice and improvise!