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801  Other / Archival / Re: Is KYC benefit to crypto people or not on: October 16, 2019, 05:49:36 PM
While in most countries the cryptocurrency is not recognized as a digital asset, there is no reason to require the provision of passport data to everyone involved in this activity.  And providing fraudulent courses by users, too, will not save you from fraud.  As always, cryptocurrency users are the first to suffer, who are faced with a condition from scammers to provide passport data.  The only opportunity to provide KYC is when cryptocurrencies are converted into fiat currencies.
802  Economy / Economics / Re: Taxless society idea on: October 16, 2019, 05:17:16 PM
I think that everyone deep down understands the importance of taxes for the country, but he will always resist this, because there are a lot of points why I like taxes to many people.  It can be either small salaries, or maybe too much taxes.  Someone can be very greedy and therefore taxes are indignant.  But we must understand that the state exists not only thanks to state enterprises, but also due to taxes, through which there are social guarantees in the country, there are various structures, including medicine, the police, and security.  Any utilities also depend on taxpayers.  Therefore, before expressing our dissatisfaction with taxes, we can think about the real existence of our country.
803  Economy / Trading Discussion / Re: Bittrex closing late Oct? Does anyone know more? See article. on: October 15, 2019, 07:22:32 PM
One way or another, all this information will already negatively affect the authority of Bittrex and many users will actively withdraw their funds from this exchange so that it is not too late.  But I would like to see the official statement of the Bittrex team in order to know in reality where the truth is and where the fraudulent information is.
804  Economy / Trading Discussion / Re: We are finally going to $22k on: October 15, 2019, 06:41:07 PM
I believe that you can expect such high prices for Bitcoin only if the popularity of Bitcoin in the community improves again.  In any case, its popularity and public interest in this coin will equally improve the capitalization of Bitcoin.  It is these changes that we will observe in any case, if this happens.  But today we see that the capitalization of the entire cryptocurrency market has lost almost more than 40%, where most of the volume is precisely Bitcoin.  Based on this, I can not find any circumstances that would indicate such a quick and positive change in the situation in the cryptocurrency market regarding Bitcoin.
805  Economy / Trading Discussion / Re: Margin trading. Where to start? on: October 15, 2019, 05:57:38 PM
I understand that under current conditions in the cryptocurrency market, margin trading is very dangerous in itself and if a person does not have sufficient experience or time to trade, it is better to refuse this type of trading.  Nevertheless, I have repeatedly come across information that margin trading is the best choice for professional traders who consider this type of trading to be the main source of income.  I think this already says a lot.
But for beginners or traders with no experience, any loan in the cryptocurrency market is a strong danger.
806  Economy / Trading Discussion / Re: Which one you buy Bitcoin or Ethereum? on: October 15, 2019, 05:34:23 PM
I agree with many users of the forum who say that it is right to invest not in one coin, but immediately in Bitcoin and Ethereum.  These are the two most promising Coins, which will be very widely used by the community in the future.  In relation to other altcoins and bitcoins, there are a lot of questions that indicate the existence of problems not only with their popularity, but also with practical application.  I believe that in order to avoid big risk, it is better to allocate a certain amount each month for investments in Bitcoin and Ethereum, and not to give all the money right away to buy cryptocurrency.
807  Alternate cryptocurrencies / Altcoin Discussion / Re: A view on hunters and crypto currency on: October 14, 2019, 05:28:22 PM
I believe that the Bounty Hunter should not do everything on his own in order for the project to become promising in the future.  No one should do the work of developers and the whole team, which should work on the prospects and relevance of their product.  The work of hunters is only in advertising, which they perform in full.  I believe that the work of the Bounty Hunters should be paid regardless of market conditions or the degree of development of the project itself.  He did the work and received a reward for his work.  But apparently the Bounty Hunters, this practical is the most vulnerable group of people who work in the cryptocurrency market.
808  Alternate cryptocurrencies / Altcoin Discussion / Re: Are ICOs dead? on: October 14, 2019, 04:51:52 PM
ICO is not completely dead but many ICO scams so investors are afraid to invest in ICO. there are some successful ICO like miracle tele and several other projects. And the emergence of IEO like it will kill ICO. i think next year the ICO will not be there anymore.
Miracle TELE is currently experiencing very great difficulties, so it is very difficult to talk about future prospects.  It is unfortunate that the company deceived its investors, as well as the Bounty Hunters, by promising them permanent dividends.  But as it turned out, dividends are received only by those owners of tokens who bought them token from their website, and not from the exchange, or earned them in the Bounty company.  Today, those coin owners who have earned or bought them on other exchanges do not know how to sell these coins.
809  Alternate cryptocurrencies / Altcoin Discussion / Re: be careful with projects that offer you great prizes, that is not a guarantee of on: October 14, 2019, 03:50:48 PM
In any case, very generous rewards cause distrust and fear.  But I want to draw your attention to the fact that such projects can be not only fraudulent, but also quite realistic ones.  But this does not mean that the Bounty Hunter will receive all the rich rewards for his work.  The team, as always, can find any reasons to reduce remuneration and pay only 10% of the amount that was promised under the terms of the company.  An example is the MenaPay Bounty.
810  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the fair rewards come out from campaign? on: October 14, 2019, 12:22:22 PM
I think it is good to get any profit from this projects, many project is fail, gain some free money is good even is low.


This type of mentality is straight-up irrational, people took out their precious time out of their lives to work in such campaigns it is not any type of pity they are doing to the participants by giving them the money they deserve.
Consider if you did 9-5 job for 6 weeks and at last you only got 1% of what was promised. Would that be acceptable to you as well? I guess, no.
Throughout the world, advertising is the engine of progress for any business and therefore is paid accordingly.  But as for the reward for the company’s Bounty, people who have been doing their job in full recently have not received a decent reward at all.  It is very unfortunate to read words that offend the Hunter for reward, and even worse, that these people cannot protect their interests and their work.
811  Alternate cryptocurrencies / Speculation (Altcoins) / Re: if ETH hold above 168, downtrend will be over. on: October 12, 2019, 01:47:14 PM
Hopefully this is the new base line for the lowest value of Ethereum as there are lot of price assumption before like it will be $200 but after it falls down below to this value then various of speculation figures still exist. I will not be against these price discussions because this is better than spreading FUD.
All of the assumptions still possible as the market still unclear, the possibilities of any directions to move will depend with investors supports. This level if being contain and build another strong barrier it could be a good start to bring the pumped back.

The market still getting good bounce and the current value still between $190-$200, cheap enough to buy and keep for longer investment plans.
In any case, the current period is one way or another profitable for investing in Ethereum, since if you take into account its full prospects in the future, with long-term storage, the investor will be able to increase his deposits several times.  I always focus on the indicators of 2017 and the beginning of 2018, when the coin reached the price of 1300 dollars.  This trader should be more careful, as there is a risk of taking the wrong step when buying or selling coins in daily trading.
812  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Huobi vs BNB on: October 12, 2019, 01:30:38 PM
In order to assess the real rivalry of these two resources, you only need to visit Coinmarketcap and see a rating that matches Binance or Huobi.  Nevertheless, it is necessary to speak not only about the maximum amount of funds on trading exchanges, but also about the number of users - clients, and about listing and trading pairs.

Coinmarketcap and coindesk is a good source for references to take a decision, of course we cannot say that forever BNB will be better than Huobi because after the hack case makes investors doubt the security of BNB.
One way or another, for each cryptocurrency user, security is a paramount factor when choosing your investment or direction for action.  Of course, I agree that we run the risk of dealing with Binance after hackers have cracked this resource.  But I want to remind you that the owners of Binance have created a special fund with which they can cover losses created by hacker attacks.
813  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins prices are bleeding heavily on: October 12, 2019, 01:12:50 PM
I think that the prices of many altcoin do not correspond to their real value.  For a long time, many cryptocurrency market analysts have said that more than 60% of altcoin do not have a final product and therefore are very risky for investors.  Their value is primarily supported by speculators on exchanges, but in general they may not have long-term prospects.  I think that in this regard, you need to make a very meticulous choice.
814  Bitcoin / Bitcoin Discussion / Re: Buying Used Computer Equipment For CryptoCurrency Unsafe? on: October 11, 2019, 07:43:36 PM
Maybe I have paranoia, but I am very strict about buying used things, especially when it comes to computer technology.  If a person is engaged in cryptocurrency activities, then he should think not only about the security of his personal data, but also about the security of his cryptocurrency funds.
815  Bitcoin / Bitcoin Discussion / Re: What if you can have a dinner with Mr Satoshi on: October 11, 2019, 06:46:55 PM
It seems to me that questions about Satoshi Nakamoto should be removed from discussion in society, because perhaps this person does not exist.  Perhaps these are several people who were on the same team.  I very much doubt that the person who created something unique cannot appear to the world.  Because of this, many problems and people of impostors, such as Craig Wright, appear.
816  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin equal Blockchain? on: October 11, 2019, 06:19:26 PM
Without blockchain, Bitcoin won't be enough decentralized. Meanwhile without bitcoin, blockchain would never be known well by most people.
Just because some crypto coin utilizes the blockchain doesn't make it secure or popular---a lot of coins have been attacked because of how insecure their networks are. It's a massive single point of failure.

Bitcoin is known for its immensely powerful network---security that helps maintain its data integrity. I haven't seen many people praise Bitcoin because of it being a blockchain. People value Bitcoin's network.

Blockchain is a buzzword to help businesses and scammers attract capital. I have never liked the idea behind a whole blockchain industry. It's 95% hype and 5% utility. One day that hype will lose its momentum....
I believe that everything will depend on in which area of ​​human activity blockchain will be used.  The results will depend on this, and Bitcoin is already losing its popularity today, and it is quite possible that it will be quickly replaced by other cryptocurrencies, such as Ethereum, which have indicators much higher.
817  Economy / Economics / Re: Economic situation around the world and Bitcoin on: October 10, 2019, 07:06:49 PM
Definitely. I believe that the masses are looking for a way out of the current financial systems. Bitcoin is thriving on solving all the challenges that are associated with financial systems around the globe, and with the numerous solutions that the cryptocurrency has to offer, I believe a few years to come the majority of the people will have switched to cryptocurrencies. The decentralization feature is what is attracting so many people to this new digital currency.
Well, It will but I feel doubt it takes longer of time. Years or maybe decades. Well, IMO. I really think so, the Economic situation would really push more people into bitcoin because all they wanted is not just to learn but to earn a big profit to support their daily needs as well. If that case many people will be embracing crypto and looking forward to because of the profit that bitcoin had. Indeed, I believed that there is a great innovation that Bitcoin brings from our economic situation and will the next halving will come.
Of course, everything will be exactly as you say, here only the decentralization and anonymity of each cryptocurrency user will have to forget.  Already today, many state governments are starting to resent the fact that criminals and fraudsters use cryptocurrency for their criminal purposes.  For this, in countries, certain structures will control the circulation of cryptocurrency.  But anyway, it is cryptocurrency that is a huge step forward for the whole world of cashless payments.
818  Economy / Economics / Re: If you want to be rich..! on: October 10, 2019, 06:35:42 PM
To make it possible for us to become rich, let's start now. Begin to buy bitcoin and other crypto currencies that have the potential to increase over the years. Maybe we have heard these classic stories already. But this is really the key to our wealth. Do you remember when the price of bitcoin was just 200 $, Imagine if we bought it for 200 $ and will sell it today.
Someone bumped my old thread,but still worth to discuss I guess.

Sure we can make profits and become rich if the price of bitcoin increases at the same rate forever,but it will or not? No one can assure you.

So don't just depend on bitcoin if you want to be rich but make use of the opportunity available.
It seems to me that activities in the cryptocurrency market need to be treated in a special way.  I think that cryptocurrency should be used as an opportunity, but not to rely entirely on activities in the cryptocurrency market.  The fact is that each user should have a different main source of income so as not to create any risks for their home budget.  But it is best to invest every month in the best cryptocurrencies the amount of funds that is not too important for your home budget.  After a while, when the cryptocurrency market grows stronger and grows, this can really make the user very rich.
819  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: October 10, 2019, 06:13:47 PM
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Honestly, for us crypto users it will be very convenient for us to use bitcoin or cryptocurrency as payment or making transactions instead of using cash, but the problem is that it will be difficult for us to convince everybody to use bitcoin as a currency because there are still a lot of people who doesn't know about bitcoin and not everybody agrees on buying and investing to it. So i think the best way for us to convince everybody to use bitcoin as a currency is by showing every benefits or advantages that they can receive upon having and buying bitcoin as well as other cryptocurrencies.
You do not need to expect every person around the world to use cryptocurrency, because still some people will use fiat currencies, and someone will use digital money, including cryptocurrencies.  I believe that so many factors will affect how many people will use cryptocurrency.  This situation will be determined not only by the age of people, but also by the terrain in certain countries where there is no infrastructure and the Internet, as well as in which countries people live in.  Nevertheless, the global use of cryptocurrency is already possible in the coming years.
820  Economy / Economics / Re: Will Africa be a good place for crypto? on: October 10, 2019, 05:24:57 PM
It seems to me that this issue needs to be approached more seriously and carefully, from the point of view of the practical transition of the state to cryptocurrencies today.  We all know that the national currency of any country grows only if there is significant progress in the economy and GDP grows in the country.  But if we are talking about cryptocurrency and that the state completely switches to cryptocurrency, then first you need to have a more stable cryptocurrency market so that cryptocurrency doesn’t bankrupt states at all, because in one day the price may be higher, and after 10 days, the country's cryptocurrency assets will fall in price by 100% or 1000.
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