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1  Economy / Economics / Re: Average savings across the globe on: October 02, 2019, 05:07:40 PM
the cost to transfer money across the globe is huge when you want to transfer Fiat money, but now with the recent Advent of cryptocurrency technology, it's possible to transfer money across the globe for practically free.
2  Bitcoin / Bitcoin Discussion / Re: $10 Million Dollars of Miners Up in Smoke on: October 02, 2019, 05:05:23 PM
Do you think this has affected the price of bitcoin directly?

I think this recent drop in mining hashrate could be a reason why the Bitcoin price drop 20% recently.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Deep Web on: October 02, 2019, 05:04:29 PM
So im literally a curioused person which wanted to have more informations about Deep Web and its wierd and creepy videos and stuffs. So I recently streaming youtube for a couple of hours, so basic compared to what deep web has, but after about 10 videos,i found this gem.

So for those who have no time watching a 14:27 minute video, ill make a summary for you.

So theres this youtuber who wants to access deep web, just a curious guy like me. Then after a boring introduction, he finally opens the site. So to make the story short. He finds all illegal stuffs like hacking, buying other peoples account including paypal and even bank accounts perhaps, steps on how to do illegal things and a bunch of drug dealers all for suprisingly low price. Whats surprising is this.


WTF. I really stumbled that even the dark webs and illegal organizations only accepts BTC because of its anonimity.

Heres an interesting topic for you guys. Lets discuss about this and maybe you have a lot information than mine.

These are happening a long time ago. Actually bitcoin first takes place widely in deepweb. It was obviously used for illegal transactions like what you have mention, drugs, bank accounts or other stuffs related to pornography or gore. I think the reason why bitcoin was the major currency in deepweb because a lot of people are interested to it for the chance that it will rise its value soon. Also, transactions using crypto was somehow secured or anonymous compare to some currency.
I have read time and time again that Bitcoin isn't as anonymous we thought it to be, because of that most of that most of the deep or dark web users have started accepting monero if their main issue was anonymity. But to those that accept Bitcoins am sure it has to do with the fact that they know it will rise in value so that they can have some profits.

Bitcoin is pseudo anonymous, which means partially anonymous but not really. Governments can find out who owns your Bitcoins in your wallet. However, in the early days it was attractive to illegal dealings because the government's were not savvy to the new technology.
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now Among The Top 30 Currencies in The Entire World on: October 02, 2019, 05:02:49 PM
this is no surprise. Bitcoin mining uses over 1% of global energy expenditure. That's pretty big amount when you think about the amount of electricity we use worldwide. Therefore, Bitcoin being in the top 30 cryptocurrencies make sense because of course it is being accepted all over the world.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: The World’s Most-Preferred Cryptocurrency Isn’t Bitcoin on: October 02, 2019, 05:02:01 PM
That's a lie. Bitcoin is the most preferred and famous and accepted cryptocurrency all over the world, by a large margin.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: is this still possible today? on: October 02, 2019, 05:00:10 PM
This is 100% possible. Panties are the best way to increase your earnings exponentially. However, they are also risky because many are scams.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: sudden drop in BTC? on: October 02, 2019, 04:59:23 PM
Dang, this recent drop stinks. Actually it's good to buy more Bitcoin in this moment because the price is lower.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: WHY DOES BOUNTY PROJECTS TAKE TIME TO ENTER A MARKET on: October 02, 2019, 04:58:43 PM
Never enter a bounty which is an already listed on an exchange. Because you know that you will be able to trade them.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Huge rewards, less value or Less reward, big value on: October 02, 2019, 04:58:09 PM
It really depends on the bounty a research that you do. A small team of people can create a successful bounty or a big team can create escambia county. You just need to do research.
10  Economy / Trading Discussion / Re: What are the longest fixed rates that were offered to you? on: October 02, 2019, 04:56:08 PM
I was offered 8% interest by a crypto company to deposit my cryptocurrency on their platform to receive 8% interest per year.
11  Economy / Trading Discussion / Re: Making exponential gains trading on: October 02, 2019, 04:55:40 PM
Bitcoin is the safer option if you want more stability in your investment. Aetherium is okay but less stable of a cryptocurrency because the market cap is lower.
12  Economy / Trading Discussion / Re: is Closing Down. Official announcement. on: October 02, 2019, 04:55:10 PM
back in the early days of Bitcoin, a site like this would have been globally popular. However, there is already so much competition in the space. Sad that you had to close down.
13  Economy / Economics / Re: Rate cuts money printing inflation on: October 02, 2019, 04:54:19 PM
Inflation is caused by printing Fiat money in unlimited quantities. Cryptocurrency, on the other hand, is deflationary because it can't be printed or created.
14  Economy / Economics / Re: World economy, what do you think? on: October 02, 2019, 04:53:46 PM
I think that in the near future, Bitcoin will be the global world currency for all the nations.
15  Economy / Economics / Re: Build a Bank Of Bitcoin on: October 02, 2019, 04:53:20 PM
There is a company that claims to be a bank for cryptocurrency, called Nexo.
16  Economy / Economics / Re: Big risk ,big results. on: October 02, 2019, 04:52:45 PM
Indeed, big risks generally reward in big results. But they can also result in big losses.
17  Economy / Speculation / Re: HODL'ers lose. That is no surprise on: October 02, 2019, 04:51:27 PM
Holders don't lose we win. Holding cryptocurrency has been a winning strategy ever since its inception.
18  Bitcoin / Bitcoin Discussion / Re: Bitcoin 10 Years From Now on: October 02, 2019, 04:50:53 PM
In 10 years from now, the price of Bitcoin will be over 1 million.
19  Economy / Web Wallets / Re: I GOT HACKED AND LOST 25.000€ ( 1,9 btc) on: October 02, 2019, 04:50:35 PM
Dang that sucks. I also got scammed 6 Bitcoins before. This is why you need two factor authentication next time.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Did ETH changed crypto world? on: June 04, 2018, 04:13:44 PM
Ethereum really did change the crypto world. Ethereum is the altcoin that helped to show investors that there can be another coin that can grow just the way bitcoin did with its own impressive blockchain. Ethereum now has more investors than bitcoin I believe. There is just so much that the ethereum project can do in the long run. There is no better altcoin.
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