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Harmonisation of fiat and crypto will never happen. Also it is wrong to state that fiat will die anytime. Thats wrong terminology. Money or fiat money precisely will never die, it will just get valued more or may be it will get devalued with the time. Only these two things can happen with it and this is the right way to put it up. Cyrpto currencies are created under certain limitations and they will never ever replace the fiat in anytime soon. At least not for the next decade for sure because they are incapable of doing so. With the crypto being so tiny it can not fulfil the needs of real world.
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The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
Not really a scam but unfortunate project to stuck in the outburst of scam accusations. I guess the 70%+ crypto industry runs on the smart contracts made by ETH platform. Now this makes one important sense here that it wont die so soon and wont become scam also. Most of the crypto projects are taking their payout in the form of ETH. Though recently all other options are also open for the ICO's to get funded then also majority of them are using it ETH as it is the master system in it and most of the people still fall for ETH only. Its just about the time when ETH will up rise along with the BTC too. |
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Does anyone has ever thought about this one? We see that there are huge number of exchangers that are being formed every other month. Most of their ICO's are even starting up with the MVP as it has become easy stuff to code an exchanger over dex and get started with it. Who think that this will be good only if the investors also keeps rising day by day ? I mean if the investors doesnt increase in the number then how can one see use of huge marketplace anyway ? I mean its like there will be big playgrounds but too less players to play!! This will be very costly affair sooner or later.
I do feel that its not worthy if investors are not rising as well !!
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Hey guys, what do you think about ripple? I think it’s a centralized shit which is interesting only for banks and so on. However it is growing and people still believe in it. Idk why.
I dont like Ripple at all because it is virus of the decentralisation which is using the power of blockchain to fulfil its needs. I already dont like it because ripple has given hopes in the first glance but now as they are having banks as their end users then it has become very much difficult to expect returns from it. Banks are not interested in buying the XRP coins because that is not security token which they must carry. They are just here to use the ripples transaction blockchain. Thus, XRP will never get hype and in the time to come it will show its more colours which would be darker.  |
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Shapeshift is better. Also may I ask which coins are you really exchanging or willing to exchange ? Because you can also look after the simple Swapping provided by the myethrwallet. I know it only gives you chance to exchange with ETH itself but if you are willing to convert thing for the final trade in the BTC and ETH then this is the best option for you. I am using the SWAP always and it does the job within matter of transaction confirmation. So it is always better to use it as its secure and they have proper support to if anytime your swap fails or have any problem with it.
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Hey Guys, Suggestions Please
Well the question is very generalised one. Benefits of these things will be based on the usage and where they are going to be applied. I mean an AI can be used in versatile fields and if you are asking about the AI use in and blockchain tech together then yes there are chances that new world possibility can come online. I mean I guess blockchain can be further improved with this. Even it’s use can be applied in mining industry for improving faster networks. |
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Unless and until all the operations of government, private sectors and finical institutes dont align in the same line the situation is going to be worsen more and more. They need to have some agreement so that bitcoin can be used freely with its decentralised nature and anywhere we want. Now the situation has raised where people are not so much interested in the crypto because their governments are taking legal actions on their users. Just take an example of India, where crypto ATM machine was installed but soon after week the founder and machine was taken into custody by police. Do you think if such news kept coming out in world then there is scope for the advancements.
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I was reading the QKC token sale pdf again and saw they donated 15% to the "Foundation". What is a Foundation in this regard? I'm curious to found out if its another fancy way of saying more money to the founders / team?  Off course foundation is the basic idea of the whole project and the whole team involved in it. So here in this context of QKC that comes down to the team, project idea and most importantly founders of the project. There should be quota which is already allocated for the developments and research purpose but that will not count as the completely share of the project. They will always put some more so that they can get it for their own use straight up rather than putting everything in the crypto project itself. So when they say a foundation then its them really. |
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The problem using Bitcoin ATM's in my opinion:
1. The high fees
2. The need to wait (until the transaction get confirmations) and you receive an SMS to withdraw the money - Hopefully this gets solved with LN in the future.
3. Asking for passport (ATMs have cameras) after certain limit. Probably due to regulations but still...
Aside from that, they're really handy and the companies behind them (in my case Bitaccess) are very helpful and have a fast support. I had a transaction where things went wrong, I contacted them and they refunded me.
Interesting. Well when our country was blessed with the first ever ATM of BTC then suddenly week after that the owner of the ATM got arrested by police and all his assets including the tailor machine got ceased. Lolz. Thats the kind of country I live in and looks like things are not going to change ever. So unfortunately I was very close to using the machine but thank I did not used it as I would have been convict for the same. Lolz. 1. The high fees
2. The need to wait (until the transaction get confirmations) and you receive an SMS to withdraw the money - Hopefully this gets solved with LN in the future.
3. Asking for passport (ATMs have cameras) after certain limit. Probably due to regulations but still... Looking at this scenario it seems to be time consuming and complicated process. It would be better to go for online wallet using. |
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Not even close. All my goals are to hunt the campaigns , if it is BTC based then its golden opportunity to earn those BTC and cash out after I need them. I consdier this as 100% profit for me as I have never invested money in it to get them. Same applies with the bounty hunting. Whenever I do it then my sole purpose is to get some good coins, after they get listed then sell them at good price, convert to BTC and cash out to bank account. Thats all, no trading and stuff. If I ever do trading then surely it takes ages to earn small profits also. Thats why I am mostly doing campaigns, bounties of different kind. I know it is hard to earn from them but I keep trying whatsoever.
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Um. I hate to be negative. The concept of amazon, apple, microsoft or google being dethroned by crypto alt products seems unlikely if not impossible.
Start with microsoft whose flagship product is windows operating system. Try to imagine a scenario where Windows 10 is made obsolete by an operating system based on blockchain. Its not a scenario which easily fits into the fabric of the space time continuum.
Try apple next. How likely are ipads, iphones, macs or other apple products to be replaced by hardware or software utilizing a blockchain? Eh. Probably. Never.
If you want a scenario where bitcoin or crypto might thrive, it might be better to look at the limitations of fiat money or banks as institutions--things that actually do compete with bitcoin/crypto for market share, if to an extremely limited degree.
I agree with you man. This is just impossible to happen because crypto currencies are not really having that much use as the real world products are having. The real market trends created by products and services that are actually existing and getting used by the people for day to day life. Now all the ventures that you have listed up there are the biggest in what they are doing. They have a business model which is now has become fail proof because of many reasons. One of the valid reason is, they are playing monopoly in the market and virtually forcing people to use their own products and services. This way they are keeping their customers attached forever. I see no or zero engagement like this in the crypto currency market. |
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I can see that you have got huge fire of the bitcoin in you and you want to like change the world with it but lets be calm and discuss some cons that may arise within the crypto use which cant really achieve our dream. At least not today or until there are some big modifications comes to the crypto.
Well, first thing is bitcoin is completely pseudo-anonymous and thus it is clearing out the thing that it cant be used anti-courrupt coin. It is still used for the corruption of many organisations which use it. It still carries unidentified tags with it no matter what. There is no way it can be used in the government system or it will take huge infra to do that. The money will flow unidirectional always and thus might just reduce the potential to overcome poverty and stuff like that.
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BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
Hm, an unsolved mystery of the bitcoin and its fellow coins that is altcoins. Its funny how things are not working upto the mark for everyone. To be honest this one is the fall when we will see BTC up rise to high prices. Im not sure if im true to 100% but it does look like that as we approach the year end it could be that whales are now trying to manipulate the market and making the prices go down by themselves. This way they can stock up more and more for the preparation of having huge pumps ahead. This is how it works and working since many days to years. |
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Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ... The very first thing you should do when you see such huge difference is to go and make a margin trade and have those 100 bucks equivalent profits in your investment. This can be quickest way of making money whenever you see such price differences. Well, coming to the point, there is always difference between the prices of coins over two different exchangers because of decentralised market. This market is giving freedom to each market to trade with different volume and user base who creates slightly different scenario for all. Thats why the price difference. |
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To be honest its really a personal investment and with the time things do change in the crypto currency but not everyone is grasping the benefits of it at all. I have few observations though in which most of the people when enter into the crypto market then they makes xyz investment and then are always scared about it at the first time. They will act crazy about it even when there is little % change in the crypto to down side. With the time they also learn that these are just part of normal ups and downs that takes place. The crypto is more or less cyclic in its behaviour and it keeps going up and down all the time. Nonetheless, it does give profit to each and every person if they are consistent with their investment.
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There are no as such rules in the crypto trading but when it comes to the bull and bear then people do get very obnoxious about the whole situation and the money that they have invested in it.
I have simple tricks on my mind. Whenever I am putting my money in the crypto trades then I keep my Break Even Point at multiple points by buying three to four times at different prices. As soon as these points are covered by the bull then I keep getting some profit and thus securing my invested money. Now you use bear to enter the market and in the same way, bull can give back more. You dont have to worry about it, you have to make opportunity out of it.
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if they manage to sell "it" to the banks they are going to sell Ripple to the banks not XRP. in other words the banks are not interested at all in XRP the token that the ripple labs controls, they are interested in the technology called Ripple and want to adopt that for themselves.
price of XRP may get some pumps like it always does in case of news like this because of the hype but in the end XRP is still a centralized shitcoin with a huge supply which can not go up in the long term.
Indeed that are the words I was going to put forward. People are having big misconceptions that Ripple company is actually bound with the banks and banks will then invest in the XRP coin. Thats worst thought ever because banks has no interest in their coin. They have interest in the blockchain technology on which the XRP is running its nodes. There is big difference between the bank working and actual use of XRP. So no, it wont matter if bank ever buys the Ripple. |
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Believe me, one should never fear about the bear market. It is just the ups and down in terms of its market cap and it should not matter to you if you are skilled in different types of trading techniques. For example, if you know what margin trading is and what day trading is then you dont need to worry about the prices of coins, there time period etc because when you make trade then you make it within specific time period when the bear and bulls doesnt matter at all. Because in that specific time period any coin will go up and down by few % leaving behind some % profit for you. I guess a day trade which last from few minutes to 24 hours should not get affected with the bear or bull trends.  |
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