This is not an original idea as there were proposal of merging dash with shadowcash back in 2014 but it soon died away as it was a really ambitious idea and for it to work many things were had to be made perfect, i personally think that it could work and it could at least bring attention to the coins and it would boost them up if made by the right people and the right coins, because all coins have their advantages and their disadvantages for example you can merge dash and bitcoin cash, dash for its scaling solution and bitcoin cash for its network effect, so merging those both would be great.

I started trading 3 years ago and i can tell you that you are never experienced enough with this market, it never sees to amaze me and everyday i am learning something new, i have made a lot of mistakes and lost money in the process but i have learned that it is ok because it is the process of learning, so my advice for you is to not get greedy and just trade small amounts at the time, because you might lose it and don't be discouraged if you do and don't give up because it is a part of learning.

Well this debt has been growing over hundreds of years, and most of the countries that have this debt are third world countries where their economic and social situation is fairly unstable, and this is something that will never be resolved, it is true that fiat has created this difference between the countries and a difference in power, but even if we replace fiat with bitcoin which has limited supply, the problem will still priciest and countries with bad economy will still be at a disadvantage. 

This seems like great news, everyday we hear about these news about governments banning it and shutting people associated with it, and it is really good to see some good news coming from them at least for once, and i hope that this only encourages more and more people to trust in bitcoin and start using it, and not just for taxes but also in their everyday lives like to pay for groceries and pay for transportation.

First of all the only time is that i recommend investing in a coin is in presale because that is when the devs and all the people jump in but as soon as the coin hits the exchange it te,ds to go down by a lot and you don't wanna be late for the party when everybody is leaving, the way i pick which coin to invest in is i look around read its whitepapers and look at their road map and join their telegram group if they do have one and i start talking to their owners to kind know if they are serious about it or they just doing it for quick grab, and see what people on the internet think about, like if their ideas are original and good or is it just a false promise, you need to look for community base because that is what makes these projects successful before you invest your money in them.

Did you send a trade request or did you just sent him a message, either way the guy could easily walk away with your $10,000 since there is no cash deposit in the localbitcoin so the escrow does not matter here, all you can do now is wait and see if the guy is trusted enough to send you the btc otherwise you just gonna have to contact the support and tell them all about the situation, this is why you should only do hand to hand exchanges when it comes to the cash, or do it from a trusted site.

Greed is a part of our nature and it takes really a strong will to contain that feeling, greed can be seen in many places not just in terms of money, the way i came to control this feeling is by truly knowing it and in all the thing that you do in your daily life, and understanding what the consequences of it, when it comes to trading crypto thinking that if you sell and the price is gonna go up as soon as you do that created this fear and you just end up holding, and you might e,d up losing it, so it is always better to be safe than sorry and quit while you are ahead even if it means making the wrong decisions.

Well Probably it is just an empty threat, maybe they say that they will ban it but actually not, do you really think that after all these years and with that many people who build tier whole life and their whole companies on mining crypto they will just quit, it may just be on paper and they won't actually shut down all the miners and pursue them, many people think that this is good and it will allow for more decentralization, but because of how there are a big percentage of the miners located in china it may lead to a lot of problems in the network, and it will affect bitcoin in a bad way.

Look no one really knows when the next bull run is gonna happen, it could be the next week the next month or the next year, all we know that it will happen eventually at some point, and when it does probably things will get really big real quick, so my advice for you is that don't invest money that you really need, if you have a couple of bucks lying in the bank you could use them to buy bitcoin, because don't  invest all your money and expect to make huge profit from it in a night and day.

The thing with the cryptocurrency trading world is that only analysis and knowing the market movements is not enough to make always successful trades, as unlike other classical markets it does not relay or it is not tied to a group of companies or certain people who have a big share, which is basically what centralization is, and that is what they are made to counter, crypto market is decentralized and changes based on multiple things actions and behaviors of is community, so if you want ti be successful in trading it you have to know what the community is doing or thinking, and the best way to do that is to be on forums like bitcointalk where everyone is sharing their thoughts and decisions about what is currently happening in the market and based on those you can make your next move, at least that is what i do most of the time.

What do you mean by destroy, you can't destroy bitcoin otherwise it defies the whole idea of it being the crypto that it is today, it is true that 1 million bitcoin is not something that needs to be taken lightly and if at some point that amount as you said would be moved either at one time or gradually from one address it will bring a lot of drama and controversial to the bitcoin market and community, but at least we know that such thing would not to happen as i don't think satoshi himself would do anything that will influence bitcoin in a bad thing at least not after all these years.

The worst thing that you can do when explaining bitcoin to normal people is get technical about it, you don't need to use big words because then they would think its a complicated thing and only people with computer knowledge base will know how to use it, keep it short and simple and people will find interest in it, that is if you are knowledgeable about it because sometimes things might seem easy and simple for you but others just find it hard to understand it, but since you said you are not that knowledgeable about it and only know the basics that makes it easier for you to explain it to others.

100 years is a long time from now and by then a lot of things can and will happen that will change our prospective of things, i mean in the past of only a couple of months in 2017 bitcoin went from 6k to almost 20k and that made everyone in the world talking about it, and that least to not only the rise of bitcoin but also the rise of investment in the ICOs, and that draw the attention of many governments from who they were to strict towards regulating it and going as far as banning some crypto in their countries and other either accepted it into their society or just stayed neutral toward it, i mean a 100 years a go the world was still in the industrial era and we were still using steam powered machines, so a 100 years from now we could enter a new era where we don't even use money or who knows what sort of new technology will take over, but it is estimated that a 100 years from now all 21 million bitcoin will be mined and that will have an impact on it and how people look at, and i am sure that it will have an impact on the whole cryptocrrency overall if it still stands by then.

If this is about ICO than they are defiantly dead, because honestly 80% of them are made just as a cash grab from the developers, just they give you false promises of projects that they will change the state of ICOs and altcoins and all they do is get their money and stop supporting the coin as soon as it hits the exchange, and then its price starts going down until it fades away, other altcoins the major ones at least like ethereum and litecoin and many others are actually still have a long way to go and i am pretty sure with the right ideology and with enough support they will prove to be a great asset to the digital economy.  

To be honest buying cryptocurrency is only for the people who are constantly trading them and they are fimilar with the market and know when to buy and when to sell, and they make profit from that, for normal people most of us are just either working and earning bitcoin or other cryptocurrencies from various ways and just holding it either until we need it or until it becomes a widely accepted payment method.

The feeling that i get from watching the price go up is amazing,to at most addicting, and i think that everyone agrees here that same feeling is what keeps us going and still believe in bitcoin and still support, and that is what really kept it growing and kept it standing till this day, but the only thing that is annoying is to see all those people who don't really care much about just come in and invest whenever there is a bull run and really don't care much about its really purpose and the real meaning of bitcoin.

If we see the economy goes to shit again, why do you think that people will relay on cryptocurrency to hold it up, i mean bitcoin and all the other currencies are pretty unstable and unpredictable and making them a solution to the economy at the state that they are now would be a foolish move, if the people were to resort to cryptocurrency they would create a new digital currency based on the fiat if the banking system would fail.

This is not a good thing, look at it this way, less miners means less people trying to verify transactions being made in the blockchain, which leads to fees going up and being delayed, Chinese miners have been a huge part of the bitcoin mining since electricity there is cheap which means it profitable than any other place, and with them gone it will really have an effect on the bitcoin overall, in a bad way that is, that being said i don't think that they are actually banning, they did limit or regulate it, but not banned, because cryptocurrency has been well established its roots in their economy and people's business.

According to the calculation we are still far off from that point where 21M bitcoin are all mined, at least a 100 years from now, and when that happens miners will have to start relaying on transaction fees, which leads me to think that fees will start increasing, as these miners will start moving toward mining other cryptocurrencies when this happens, as for the bitcoin's price it will probably go up so much in value and people will start holding even more than they do today, but all of these are just assumption and things could go the other way around since it is still way far off.

Bitcointalk username : Shenzou
Rank : Senior Member
TrustDice Name: Shenzou
Wear signature and avatar: yes