Well, why not? Though the whole idea of this crypto currencies is not decentralized, I think it is a good opportunity to lead the advancement of technology when it comes to the field of currency. China is one of those countries that widely uses cards and not fiats anymore, I think this would be really the nexr step.
Yeah, why go the path Bitcoin paved when you could go even deeper in the sh*thole governments & banks have created together, right? Advancement of technology shouldn't lead to more control. China is the worst example you could've said, given the level of control it imposes on its citizens. If that's what you want from the future, I'm out..  Aren't we here to try avoiding & preventing complete control? Well, I am not into that too. As I said, this crypto is not decentralized. And I think that is not crypto currency, it is a digital currency backed up by their main fiat. As someone that is amazed by technology, I think people using their phone as a payment method in the future will be really normal and if there are digital currencies, it would be really easy and more efficient. |
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Governments want to us to spend the money they print and control. They also want to be able to tax it and track it as much as possible.
So what are you saying? We all know these things, can we stop it? No. Crypto currencies is decentralized, and with this these government can't tax bitcoin. But there are countries that can tax bitcoin, but not entirely bitcoin users but to how they will be accepting it. I read that if a company agrees to pay bitcoin to their employees, it will be under the incomd tax law where employees will be deducted a certain amount to their salaries. |
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People here do gambling just for fun and wasting time. They bet lotto in the morning and waiting until afternoon only for the hope they winning bet. they don't get a job and try to find instant money, I think is bad for the family and hope lottery only.
It is the same in my place to be honest. They might have a job but not being paid well. Still, they are aiming something if they ever win in gambling. Well, gambling can be an additional but they should never add the lottery to their goals since they will never know what might happen. |
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[CS:GO] My first semifinal Dreamhack Leipzig bet for today: Renegades - MAD Lions: MAD Lions, 1.32 @ BetOnBitEasy bet. GL! What happened to Renegades? Not a fan of the team but Gratis really is a great player, right now the team has different players and I don't even want to call it the new Renegades. Hatz is a good player, yes but still, I love Liazz with Gratis and his old team comp. |
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That's right, until we are able to increase the speed of Bitcoin network as well as improving it's scalability it can never outweigh the performance of making Fiat payments. Right now Bitcoin is better seen as a store of value more than a currency.
Lightning network is the solution for this problem. With this network, the transactions will be able to faster than its normal transaction speed. So I don't think that will be a problem. The problem right now is that if bitcoin will be a payment method, it is so volatile. As price changes, that means the value of that thing will always be changing too. Volatility has always been the unique characteristic of bitcoin ever since. But i believe this will given a solution once the government will come to support bitcoin and end up mass adoption. And even if bitcoin will not end up surpassing the fiat system, it's not really a failure knowing it has become a good alternate payment system. No, why would I want volatility to die becauae of the government? That just means decentralization will die too, the governments will be controlling the price too. I don't want that, the reason I use this price despite the profit I am getting is also to get out of that zone where the government control and take advantage of their power. It may not surpass other payment method, that is fine as long as it is the bitcoin I am used to know |
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That's right, until we are able to increase the speed of Bitcoin network as well as improving it's scalability it can never outweigh the performance of making Fiat payments. Right now Bitcoin is better seen as a store of value more than a currency.
Lightning network is the solution for this problem. With this network, the transactions will be able to faster than its normal transaction speed. So I don't think that will be a problem. The problem right now is that if bitcoin will be a payment method, it is so volatile. As price changes, that means the value of that thing will always be changing too. |
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Well, why not? Though the whole idea of this crypto currencies is not decentralized, I think it is a good opportunity to lead the advancement of technology when it comes to the field of currency. China is one of those countries that widely uses cards and not fiats anymore, I think this would be really the nexr step.
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It depends on regulation. Crypto friendly regulation will push adoption forward and we will see price grow
Positive or negative, I think it will just slightly affect the price of crypto currencies. As no one can really stop the people from using it. If they will be banning cryptos, government can't really or completely ban it, people can still use it. |
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I think talking to a lawyer could really help you. Here in our country, Philippines, as far as I know, online gambking is restricted. Owning one here in our country is an illegal act so better put an exemption to our country. Other countries would be good though, as long as you talk to a lawyer.
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Bitcoin can be the future bank of the world? The existence of it is that so we can manage for our own so we don't need a bank. I don't know why would we even have a bitcoin bank if its existence is to cancel each other. It is not necessary, you take care of your wallet, I will take care of mine, it is that easy.
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That would boost the people's into using these crypto currencies if that happens. As far as I know there are a lot of people that uses crypto currencies but the thing that stops them from using it is because of the fact that very few of these population accepts bitcoin as a payment method. If currency exchanges accepts this, stores would do too.
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Before we decide to invest in cryptocurrency, of course the thing to consider is knowing the risks that will be faced, one of the risks is that the government does not provide cryptocurrency regulations and will not guarantee security if we lose the investment assets that we do.
of course all cryptocurrency users must be able to face all the losses that will be suffered if it is not wise in making all decisions
Yes thats right. Even outside the crypto world, to invest is very risky. Imagine those business in the real world can perform a scam even if they are under the government and there is a punishment for those who commit this crimes so how much more inside the crypto world in which anonimity is applied. What I mean is in everywhere, the crimes can occur so we must be careful. Crimes is always there way before there is a crypto currency. It is not that cryptos made the crime high. There is just that these people are taking advantage of the fact that cryptos are decentralized and it is pseudo anonymous. Without proper knowledge, you will always fall for these ploys so if you really want to invest in crypto currencies, better know it very well. |
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Cryptocurreny is also dominated by Bitcoin. How bitcoin domination will fall. I think if Facebook enters this market, it may change. Bitcoin is gaining value against the dollar and gold for now. But what if he continues to gain value against the Libra?
Facebook might enter and it will not even be a competition. Libra is something that is backed up by the fiat. If we will be talking about crypto currencies, bitcoin and altcoin will still be the thing. In terms of usage, obviously fiats will be the winner since cryptos still has a little place in this world right now. |
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Saturday, January 25 is Chinese new year and give bad thing for bitcoin price become down, how ever just left two days later for Chinese new year and I hope bitcoin could back to higher price again, I think two days left have not worried again bitcoin will down and bigger chance for bitcoin back to higher price, but we must wait until Chinese new year ended.
What could be the connection of the Chinese new year to the price changes of bitcoin? It is not that chinese people would be trading and buying crypto currencies at that time. |
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Is this match a real thing?
I have seen a post of Floyd Mayweather that he announced a round 2 between him and McGregor but I think that the game between Pacman and him would be more interesting to watch.
I don't read any updates about it but as far as I know Manny Pacquiao is also interested in this fight. Connor also have other fights so we don't know if this will really happen or not. |
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The truth is, different people have different purposes when they gamble. Most of them are gambling to make more money. Some of them are gambling for fun (I think). Some are just throwing their money in gambling without any reasons. Different reasons but the most common is to make more money. Even those who are gambling for fun, their main priority why they are gambling is because they want to make money. It is the main purpose of gamblers because they see that gambling can give you money in a quick way but at the same time, it is the quickest way to lose money  . For me, there are a lot of them yes but the mainfocus here is the money. When they say have fun, I don't think that they are not also thinking about money. Subconciously, they want to also earn money themselves. I am a gambler, and I know a lot of gamblers here that just bet when there is an event close to us. When they lost, they lost but when they win, they use all of that winnings to drink alcohol. |
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Sure he will be a good player as long as he stays healthy but I am also scared dude will be expected to be a great scorer from everywhere of the court.
It is pretty much expected from every star to score from everywhere in the court. That is how the game is evolving. It is not enough for a star to just being dominant inside the paint, they need to have outside shooting as well. If they don't evolve their game, they will be shutdown come playoffs. Yes, but with the injuries at hand, he can't just force himself all over the court. I also see that Spurs is not forcing to guard Zion, it is like that they are wanting him to have a good game or having a good debut in the NBA. I don't know but that is what I am seeing, whay do you think? |
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In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.
What is your opinion about this? How does it affect bitcoin?
it may be true that investors buy some bitcoins in preparation for the half-day waiting period, as everyone and investors strongly believe that by reducing the half they will have a huge profit if bitcoin prices rise at that time. with more bitcoin enthusiasts, then I hope bitcoin prices will go up as well. Well, the sad part here is that these investors do not want to use bitcoin, they just want it to be saved so they can earn a good profit in the future. If those people want to buy bitcoin because they want to use it, that would be the case when the price will quickly rise. Right now, they just save it, hold it in their wallets so they can earn profit in the long run. |
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Then it would be an opportunity to create the next Bitcoin, but a lot of people will be afraid to invest due to the fear of it disappearing again, for absolutely no reason.
That would be the real case scenario, to be honest. People would never use or support crypto currency at that time after what happened. Though we all know that it will not happen since no one can make crypto currencies "vanish". As no one controls it, no one would be able to do that, another thing is that each bitcoin wallet is an access to a part of bitcoin, for example, so as long as you can access your wallet, it will not vanish. |
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They are certified hodlers, not into rush and they know when to unload. It means that there are plenty of Bitcoin’s when FOMO’s rush into market. There’s always buyers when those 10 million are unloaded.
They might be or maybe the owner of that is already dead, which I hope not, I mean that is just a speculation. As far as I know, these HODLers like to move their huge amount of bitcoin from wallet to wallet, and they don't usually put all of it in one wallet, they cut it into pieces and manage with different wallets. that is 10 million bitcoins, almost half of the total supply. |
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