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People would never support Bitcoin if it doesn't have an intrinsic value. Bitcoin's volatility is what makes them think that it doesn't have a real value. As for me, we can't compare Bitcoin with gold when it comes to value because bitcoin is a digital currency and it's characterized as volatile and unlike gold, it doesn't have a physical value because it's digital unless we convert it to fiat.
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I think it would be too unfair on their part if you'll accuse them of something without showing any proof. It will affect their reputation. Next time that you would post any accusation, be sure to defend it by showing proof and evidences.
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Firstly, come down to the ground because you are currently sitting on an imaginary issue which doesn't exist!
Understand the below facts,
1. crypto is not a magic wand.
2. Crypto is not created to bring economic overhaul
3. Crypto doesn't have the power to become global currency
4. Cryptos are literally a piece of code
Now, lets look at the possibilities,
1. Virtual currencies will take over the world economy which will be created and circulated by the central banks
2. Banks will have to bring in major technological changes in their operating structure to cope up with the changes
3. World will never move to "one world one currency" regime
4. Banks will still control the economy
5. The parallel economy created by cryptos, will get merged with mainstream economy after banks and governments realize that it's impossible to stop them
6. Crypto enthusiasts will keep the revolutionary ideas in heart but continue to live in reality
Constructive criticisms are welcome!
I agree with you. Sometimes, people interprets and define Crypto in a wrong way that they expect too much out of it and sometimes, it exceeds more than it's normal and natural function. Government couldn't stop cryptocurrency but cryptocurrency couldn't control the economy alone. |
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Trading patterns and technical analysis like candlestick patterns, capital and profit calculation and management and a lot more could be a good article for you to do but you could focus on topics which are helpful for beginners.
You could also focus on the latest changes and different strategies on trading.
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I don't depend on any speculations even with famous people but rather I trust and observe the movement of the market. We're not far from what we want and I'm sure that things would get better anytime soon. Bitcoin is surprising, we might just eat what we say.
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I have heard a lot of allegations about Yobit which is really disappointing. Yobit has a good reputation until things got worse. People are now aware that it's risky to use it anymore. It's a good thing that we are informing people about scam exchanges.
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There are ways to learn more about trading. When I was starting, I was too eager to know the basic strategies of trading so I focused on threads here regarding trading. You could set your own strategy and calculation. You might get confused and mislead by trading calculators.
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If you are moving 100s of BTC around then you don't mind paying $2 transaction fee to get it done quick. You can afford it. It hurts the rest of us though as we can't. Btc will always be at the mercy of the whales.
Well, it is not their fault they have money to be a whale. If you want faster transactions pay higher fees. If you cannot afford the fees then just use the standard fee and wait for a standard confimation time. |
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That is why using cryptocurrency in sending or transeferring money is more convenient than using a third party such as banks or any other remmitance company. It saves you time and money, you will not need to pay bank fees, pass necessary documents or details, with crypto all you need is an address.
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Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)
Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
I honestly have been into crypto since 2013 and had a long break, I went back before the bull-market started last 2017. As for now, I am accumulating as much bitcoin as I can. Last bull market the ATH was at $20,000 and went down to almost $3,500. If you are investing and waiting for the next bull-market, tue market might have recovered somehow, it is still the best time to accumulate bitcoin for the next bull-market. That is if you have the capability to invest and patience to HODL till the next bull-run.a |
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The topic is not bitcoin related and focuses on ICO. But, just to answer it is really difficult to stop developers/people from .aking scam projects. What we can do is to educate our selves and not be lazy and greedy when investing. A lot of investors are blinded by the potential money they could earn from ICO. Of people will just give time doing their research before investing, scam projects will get less support from the crypto community it self, thus giving a higher chance to legitimate project to gain more funds. Maybe this way, if people will just deligently review projects and stop investing and supporting scam ICOs the chance of people getting scammed thru this will lessen.
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There are alternatives if you want to check the market cap you can just simply use the coinmarketcap website since it is always updated and easy to use. Bitcoinwisdom seems to be a dead website.
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The discussion about the increase in Bitcoin prices is indeed interesting to follow. I really hope that the price of Bitcoin at the end of this year will be as close as Bitcoin prices in late 2017 and early 2018.
Sounds possible mate, not really that close but possible be more than of what it happen last 2017. Anyway, we are just too very optimistic and even we have that positive insights will never know what exactly happen in the coming days. Yet, we just be satisfied of what we've got now and enjoy the show. Well, no matter what it's just best to take what you can while the market is still recovering. Usually the bull-market occurs during halving and there's still plenty of time before that. It just so happen that the trend this year was almost the same as how it was last 2017 bull-market. Start accumulating and holding bitcoin, once the next bull-market starts, it will be worth it. |
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The lottery might take too long if the drawing will just commence if all the numbers designated for athe lotter is sold. Looking at the numbers, there still has a lot of lottery to be sold before the first draw happens. Well, I think this is not a good thing if you are going to play lottery.
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It completely depends. If they moved the stolen funds on a custodial wallet or exchange like Coinbase, whereas your wallet address is actually tied to a person, then yes. But mostly hackers are smart enough to not move funds to a custodial wallet. They can simply move the stolen funds to a decent non-custodial wallet and they would pretty much stay anonymous unless they do something stupid.
Even if culprits use such wallets to cash-out what they stole, thieves are not dumb enough to use their legitimate identity if they know using wallets with KYC procedure will divulge their true identity. The culprits can use accounts that are stolen, bought accounts, or accounts with fake identity to cash them out. |
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I jave seen the article here yesterday. This is big news for cryprocurrency since this could lead to mass awareness and adaptation. Good to know that cryptocurrency is somehow being recognized by some companies as an alternative to cash or plastic money. Let's hope this will be a start for some companies and merchants to accept cryptocurrency as a payment method.
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Well, it seems that China is starting to move-away from crypto. There is nothing new about this we have seen China come-in and out of crypto for several times now. It's normal for wechat to ban crypto since wechat is operated in China, and the government is against crypto. Nonetheless, the market will not be affected by it, there are still a lot of social-media and messaging app crypto enthusiasts can use.
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I don't have that huge amount of bitcoin and there's no need for me to use bitcoin mixer. However, I do understand that some users use this kind of services for their own security, especially if you are holding a huge chunk of crypto in your wallet. There are a lot of bitcoin mixer that is offering their services and as others are developing tools to decrypt addresses which is mixed, I am sure people find new approach to blend/mix bitcoin addressess.
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It depends on the users preference. For me storing your bitcoin online is not secured because there's a chance that it might get hacked or someone might have gain acceas on your credentials. Most of the people who are into crypto woukd prefer using blockchain wallet since it's easy and convenient to use. Just make sure to be cautious when storing your crypto online.
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Why people always said the bear market is over? lol. Calm down people, the bear market is just starting but it's not means it will always go up. The market is just calm down for a second.
The bitcoin price is stable at $8,000 right now and if there is a fall, no need to panic. It will go up again for sure.
Hello? What do you mean the bear market is just starting? Have you been here last year when the price was just almost below $4,000? Compare the market growth since 2018 up until now? Then tell me how did you say that the bear market is jus t starting, we had recovered from the recent bear-market and we cannot speculate whether if the prices will still push thru. A lot of people are expecting $10,000. |
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