Why do you want Bitcoin dying? There are several altcoins based on Bitcoin and Bitcoin is still here. There are several GNU/Linux based on Debian and Debian is still here rocking solid. And we are currently in a period quite volatile, I watched BCC it's just horrible lol. In the following weeks Bitcoin will show its true power and everyone will recognize it as the super power  I agree. I think many have become really negative how Bitcoin and this market has been going, I think that there's a lot of potential in this market that people fail to see. They also fail to realize the fact that whether it survives or not is dependent on the support people will give to it. As more and more people embrace it, which turns into more and more transactions and an increased usage rate, it would certainly help this market prosper to greater height, greater than any of us can imagine, so if we really all want to find out if Bitcoin would survive, then at least ask yourself, would I do something to make it survive? |
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To me the gradually growing Altcoin is NEO,its called Chinese Ethereum because its also based on updated and modified ETH smart contract technology.I also studied about its development team,very competent and experienced in block chain technology.I think if Ban news in China stop,then this Chinese product NEO can bring revolution in coming years,it may overtake ETH in upcoming few years.This is my extensive research about NEO.Share your ideas.
No doubt NEO is highly promising coin its price is growing slowly.Today many prominent ICO are being launched on NEO platform.After ETH this product has great potential in future as its based on a very strong project,its developers are working with something innovative,may be in future it emerge as another ETH.Currently its not possible to overtake ETH however in future if it showed something extra ordinary above than the ETH smart Contract,surely it can surpass ETH. I agree on the fact that since NEO is somewhat the same in terms of technology with Ethereum, then there's no other assumption that it can also lead a good path just as what Ethereum has taken and has been taken for years. However, the only reservation I have that since it is somewhat a copy, many people would have qualms if they could really follow it, I mean, it's a common idea for people to actually think of the original as something better rather than a reply. But, as long as the community supports it, it doesn't really matter whether it's an original or a replica. |
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https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities. This just shows that as bitcoin develops both advantages and disadvantages will tag along. Good read somehow mate. I would say that maybe there is. One of Bitcoin's, or cryptocurrency's features is its privacy and lack of paper trail when it comes to transactions, and although its price point always has uncertainties and changes at moment's notice, I still feel that some shady people and organization may use it in their advantage just to get be able to transact and do business with less hiding. I am not saying that cryptocurrency transactions are what fuels increased criminality, but I am saying that since bad guys would do any measure to keep ahead, it's not a surprise anymore if they will use this market too. |
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Is buying BTC currently a good idea, or should I be going with ethereum?
Pls suggest...
That depends on your investment goal and the capital you have in your hands. I am saying that because although there are moments when Bitcoin's price is going down, it still needs a big capital to gain a substantial amount because of the fact that it's price point is still the highest among all the coins in the market. On the other hand, if you're looking to invest with Ethereum, I would say that it's a good move because it has been one of the strong coins in the market. Right now, I would say that Ethereum would be the better choice because you can get more of it, plus the time you need to get a return is not as long as you would have to wait with Bitcoin. |
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My country is a developing one so not everyone does have access to Internet and these cryptocurrency news and stuff..thus..there is a huge division of people that are cut off from the whole world and out of them the major are farmers and beggars and their population is quite high ..almost.. 50% of the population in my country would have never heard of bitcoins for sure..and even those remaining 50% one should subtract the old people and the babies and the housewifes..and i think after roughly estimating the number will be around 10%.. if not less.
Well japan is technologically advanced thus its something that was forseen..
Well, my country has the same issues; however, Internet access has been rapidly being spread all over the country; I think that problem why people don't embrace or have interest with cryptocurrencies is the fact that some have this stereotypical idea that it is too technical or hard to learn, which makes them feel that it's just a waste of their time to try it. Another reason is the fact that the government and some media entities continue to somehow discredit how the market works and the advantages it can give because of the negative things regarding scams, its volatility, and the failure of many projects that lead to the assumption that it's not a safe market to invest or trade in. |
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While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.
I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.
I agree. Unfortunately, not all people are so lucky as some of you guys that has the capacity to invest or buy lots of Bitcoin, or even have that strategy to be in possession of such massive amounts of Bitcoin. Most people who venture in this market start small and mostly focus on altcoins, with the hope of slowly moving onto Bitcoin investments after gaining a good portfolio. It's not easy for most people in this market, and I think that what you have now are truly weapons you can use to gain some more in the future. |
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ico will never die, but its numbers will continue to decrease. investors will be more careful in choosing ico where they will invest. that's good, because there will only be the best ico who dares to offer his project.
I agree. As much as it has such a negative reputation now, and many people are actually not liking how there are so many ICO projects popping out, and the fact that many of them are considered either scams or failures are not helping its cause; however, I think that it still remains as one of the legit means of earning coins or tokens in the market, and in turn, would help you get some profit in the end. It's just incumbent to the joiners and ICO investors to be more careful with the projects they are joining to avoid joining those projects that are going to be failures. The support people give, especially in this forum, are still indicators that ICOs could last for a longer time. |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I somehow don't agree. I say that because instead of seeing cryptocurrency or Bitcoin, to be specific, crash the market through the abolition of the fiat system, I would more so see them as inter-playing together rather than one taking the place of the other. Also, in terms of the discussion with banks, I don't think that banks would allow them to be killed off just like that because there are a lot of ways for them to be able to use the cryptocurrency market to their advantage. By assimilating it and accommodating cryptocurrencies to their system, then they can also earn from its transactions. After all, in the end, a bank is an entity that is focused on business. |
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In the current quirky world of Crypto, We believe and hope Bitcoin will become a global currency, one that we can spend on "Pizza" the same way we use Visa or MasterCard. What do you think needs to be done to make BlockChain technology a success ?
I think it already has mate; however, for more people, instead of using it that way, like any traditional currency used as payment for products and services, they would better use it to something more profitable like investing it or trading it. That's the beauty of cryptocurrencies, it can be use in so many ways and in different facets of business that although it is sometimes unreliable and is volatile at best, many people still see it as a good and legit means of business because it has the capacity to give good profit. |
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If you wan't to earn here at crypto world without a risk, better join bounty campaigns and airdrops for you to play safe and earn.
I agree. Although there is still a risk to ICOs through bounty campaigns, compared to other ventures, it has far less risks, plus you can still earn good profit even if the projects fails, more so if it succeeds. For most beginners in this market, bounty campaigns is the way to go because you don't have to invest too much time and effort in being committed to doing its tasks, but the downside of it is the fact that since there are so many ICOs popping out, it's hard to choose the good once because all portray an image that can really convince you, only to find out that it will go south in the end. |
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I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
Definitely you are one of those panic sellers. When price is high, you buy because of thinking that those coins will still go up to the moon without realizing that sooner or later, the price drops. And when the price drops, you sell them because you think that it may keep on decreasing. Those moment, you are panicking and thinking that its better to sell in lw price than to have nothing. I agree. This has happened to the market again and again, where so many coins are dropping in value simultaneously, and many people are panicking as to what will happen to the market. I think that as you go get more experience and explore the other facets of this market, then you would have a better grasp panic selling is, for most parts, not a good move. The key virtue here is patience because why would you even dispose your holdings, when in the end, it would only give you a loss or little profit. Most people here target around 20%-50% gain, so if you see that getting rid of it would only you something lower than that, then why bother? Just be smart mate. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet. I think many people are doing that, especially those who have been in the market for a while now. Knowing that Bitcoin has that trend of being dormant and not gaining much value for months at a time to set itself up for another surge, then most people who has in holding of Bitcoins would just take the smarter path and hold their coins with patience until such time they can dispose it for a higher value. Many would prefer that because it's a passive way of earning, and while they are venturing in other assets like altcoins or doing investments, it's always good to know that you have a contigency, seemingly like a sleeping giant, that you give you a big return. |
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Of course, when market is at fluctuating phase I HODL and take advantage of buying cheaper prices of Altcoins just like most of us do, diversifying a wide range of promising altcoins.
How come you didn't know about this? You have Legendary Account.
I agree, and good question here is, is there another smart thing to do? If you won't hold then that would mean that you are putting yourself in a situation that would only amount to a loss, which is clearly not a smart move at all. In the times when many assets, or at least the coins that you're holding is not doing good, any form of business whether trade or investment that would make you dispose off the coins would just be a wasteful and ineffective way of doing business. |
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I was thinking on some news i read a couple days ago some news about the bitcoin price manipulation. What would happen if we make a coordinated trading whit a high number of tradings partners explaining better buying and selling at the same time with all tradings partners buying will grow up the price and selling will down the price in some way the price will be predictable it could work better in low price cryptocurrency like NXT on USDT to manipulate the cryptocurrencys price a high amount of money is necessary but if we dont have a high amount of money we need many tradings partners operating at the same time it could get the maximum profit for all please tell me if it could work
I think that's one of the downsides of having a decentralized type of currency. A large number of people could convene and collude to manipulate the price of certain coins that could really affect how small players in the market. If there is truth to that, I think that other players should try to neutralize this from really making a big impact in the market so that it would not be unfair for those who are just trying to make it big in this market without doing anything but looking at the market closely. If some number of people could manipulate the value of some coins to make their trades more valuable, isn't that a form of cheating already? |
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Hey guys I'm not sure if this is the right place so please tell me if it is not. With that out of the way, I have a question for you all. I have recently been able to gather about .5 btc through minor trading and I was wondering if there was any method or way to grow this btc into a larger amount safely and fairly quickly. Thanks!
Nice mate, I think that having that much amount of Bitcoin is a testament on how you worked hard. Also, I think the best way for you to increase that could be done in two ways, the active approach, which is by way of circulating your Bitcoin and acquiring altcoins that could be quickly flipped for more value, or the passive approach, where you try to invest your Bitcoin into a project or hold it until such time Bitcoin prices surge back up and greatly multiply is value, thus, when you dispose of it, you could get more profit. Another way of increasing your Bitcoin holding is by joining projects that reward its joiners through Bitcoin, but those are quite rare because most projects now try to develop their own coins. |
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Recently I am hearing some rumors or words that, Eth will beat bitcoin sooner or later.But I don't think so and I totally disagree with it. Bitcoin is Bitcoin, And Eth is like after Bitcoin, If bitcoin fall then eth will fall too. Then how can people think that ETH can Overcome Bitcoin? What do you think About this? Share your thoughts.
I think one of the key features of Ethereum that gives it a good chance or being in the same ball park as Bitcoin or maybe even higher is the fact that it is so enduring and reliable. If you remember those times when most altcoins are going down and the market is really going haywire; notice that Ethereum had no significant news of sharply dumping in value even then. That goes to show how strong Ethereum is, having the capacity to actually endure during those dire times. It's slow approach in gaining value proved to be helpful because it has been its secret as to why many users trust it as a cryptocurrency. |
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Hosting the CME, the Cboe and many investment funds, Chicago is an American and global financial trading powerhouse. As such it should come as no surprise that students in the region are clamoring to learn about a major part of the economy of the future, bitcoin. Bitcoin EducationFinance, business and computer science students in Illinois are demanding to learn more about bitcoin and the technology that powers it – and university professors are showing they are up for the challenge. While in the recent past discussions about bitcoin were left to the end of the semester as a fun afterthought, learning about cryptocurrency is today an integral part of finance studies. “My students are starting the class thinking about it now,” DePaul University assistant professor Lamont Black told the Chicago Tribune. Illinois Institute of Technology is set to offer its first class on blockchain this summer. University of Illinois at Chicago professor Gib Bassett, head of the finance department, will teach about bitcoin in his Chicago Exchanges MBA course this month for the first time in a decade due to students’ demands. “They want to hear about bitcoin. Their parents have told them it’s a tulip bubble,” he said, referring to the tulip bulb market in 1600s Holland that bloomed dramatically, then crashed. “It’s crazy, it’s ridiculous, and their friends who invested three years ago are millionaires…There’s clearly a generational component to this.” Don’t Fall Behindure that you’re not going to be behind,” said Sarit Markovich, an associate professor at Northwestern University’s Kellogg School of Management. She began discussing bitcoin in class five years ago but back then, “It was hard for me to fill up the course,” Markovich said. “Students were interested in typical traditional banking. They were like, ‘We don’t want to hear about that. … Tell us about mergers and acquisitions.’” In 2017 this changed drastically as over 50% of students became eager to learn about cryptocurrency. Now she has approval to create a new class focused on the subject for MBA students. Andrew Miller, an assistant professor of electrical and computer engineering at University of Illinois at Urbana-Champaign, is preparing to teach a class on smart contracts and says interest is surging. Enrollment was very fast as students see it as an opportunity to enter the financial technology development world. “A whole lot more seems possible,” he said. Source: https://news.bitcoin.com/bitcoin-classes-rage-university-students-chicago-illinoisGood read mate, and most importantly, I am really happy about this developments. In the past several months, I have reading a lot of thread about people asking if there are school systems or universities offering formal education and training relevant to the cryptocurrency market. The numerous requests and posts show that there is really a clamor for an establishment that could give people the ample knowledge on how the market works, because honestly, many people here are honed through training and experience, and it's so much better if there are theoretical knowledge that can reinforce those. |
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Seriously speaking you can never know. Look at projects like Bitconnect or Comodo. Even if they have the greatest white papers and are promising you glory. They don't have any value in the real world. Unless they have a working product to show case. All those promises are nothing but ashes.
I agree. This market is just so unpredictable and volatile that, sometimes, even if developers really prepare for its launch and it was not really a scam at first, would turn out to be because of the impending failure that they might face. I am not defending them because it's totally out of the question to scam people; however, what I am saying is that failures in this market has become quite a normalcy that people see projects that are failing as scams. If you really want to be sure of the project you are joining just check everything about it, but if it still does not achieve its quota, then it's just how the market plays, unfortunately. |
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Is it easy to trade cryptocurrency? The spread is lower that forex or it is the same? Comment down below your opinion. Thank you.  Well, trading per se is easy. I am pertaining to the process; however, talking about if your trades would be good trades is a different animal on its own. Many people in this market, even the seasoned and experienced ones, have lost more assets than anyone could imagine in trades. The thing about the cryptocurrency trading market is that it has a lot of alleys for you to pick those deals that may seem good at first, but with a right mix of market movement, would turn out south and result to losses. Thus, taking trading lightly would not do you any good. |
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Some of them yes some not, just when i though i can make little profit yesterday the price of coin im holding go down rapidly  choose wisely mate that all i can say That's right. It may look good for some, but it also looks a little bleak for a few. Altcoins would always be a player in the market, and its movements would be like this every time. Compared to Bitcoin, altcoins are usually affected quite heavily when market movements come into play, and it's also affected by the value of Bitcoin. Usually, when it goes down, altcoins go up, and when it goes up, most altcoins will be at bay and won't go up in value. The interplay of Bitcoin and altcoins is an integral part of the market that keeps it active and continuously changing. |
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