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August 21, 2018, 04:18:15 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
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1  Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin? on: August 04, 2018, 12:18:13 PM
They can currently control their respective currencies, they love that. Would you be scared if something uncontrollable comes into play?
2  Bitcoin / Bitcoin Discussion / Re: Is blockchain is a never ending process? on: August 04, 2018, 12:15:37 PM
It will always be evolving, this always happens with technology, and bitcoin will only improve it's specs and network in the future.
3  Economy / Economics / Re: What would happen to banks? on: July 19, 2018, 01:55:28 PM
Many says that banks would become obsolete if cryptocurrency would take over the world in the future, but i guess not. Here are some of my assumptions on what would be the situation of banks in the future with cryptocurrency.


1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners  would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.


2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.


3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.


4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.


As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive

The time of going against bitcoin is slowly halting to a stop, it's inevitable they will have to join at some point.
4  Bitcoin / Legal / Re: UAE Government launches Blockchain Strategy 2021 on: July 19, 2018, 01:54:03 PM
Good news, but blockchain strategy doesn't necessarily involve bitcoin ,although I hope they are investing a lot.
5  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Scam - No more on: July 09, 2018, 03:16:50 PM
Not no more. I can still see many speculations about this more than how high the price can go up. People will always ask about the lifeline of bitcoin because they will always think how soon will the bitcoin fall

Not "no more"? It never was a scam to begin with.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: People giving up, this is getting dangerous on: July 04, 2018, 12:50:14 PM
Dear whales, if you or your bots let bitcoin drop more, people will give up and you will have noone to pull money from. Smart money won't play because smart money can't play only against each other. At the end of the day, big investment base will be needed but people are getting driven away. Just because members here are keeping positive, general public ridicules bitcoin and altcoins. This is unhealthy and it is not good for anyone.

It's greed from one side, people do crazy things out of greed, and it's fear from the other side (the people selling).
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sirius A New Smart Chain Freely Distributed on: June 23, 2018, 10:40:33 AM
Is there still no news about the company's bounty from the developers? it's helped the coin

Bounty will help with the marketing and awareness but its on the table right now. many people are clueless on what the dev are  doing at this time.
A lot of people have already sold the coins they got from airdrop, and they rarely care about it.

Hello guys, think globally, let's look at the situation, let's say, in 3 years.

If developers continue with such careless attitude, why would anyone buy this coin in markets ??
nothing will make people to buy this coin anymore, why would you will buy it?
No partner,  no project behind this coin.
Not even a single word from dev.

You're totally right project feels useless, it's going to head even lower than 500 soon.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☑☑☑[ANN][BSD] BitSend -The first Segwit Masternodecoin 0.14.0.5 New Version on: June 17, 2018, 12:26:31 PM
IMHO, Bitsend is a trend hugging coin. The price movements of BSD reflects Bitcoin's and not much of a trend on its own. So, basically it's like Dogecoin, where you know it has a bottom and a ceiling. If Bitcoin grows, so does Bitsend.

Agreed, enjoying the cheaper prices though.
9  Bitcoin / Bitcoin Discussion / Re: "First they ignore us, then they laugh at us, then they fight us, then we win" on: June 12, 2018, 01:10:47 PM
This might be his thinking but seems to me many people are in it to make fiat profit.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]🔥🔥 Atlantis Blue Digital Tokens On stellar🔥🔥 on: June 03, 2018, 05:06:32 PM
In the future show pictures and videos of all the larimar gems this project acquired, should be some amazing pictures.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Zoin - Privacy Based Zerocoin Protocol. NIX airdrop June 6th,2018 :1 ZOI = 2 NIX on: June 03, 2018, 04:55:55 PM
OKAY, all Zoin is in the desktop wallet....now what?

Is there anything specific I need to do during the snapshot? What exactly is happening? Do I have to have my wallet open?


You just need the coins sitting in your address, don't need to keep the wallet open.
12  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🏎️ AUTOBAY 🏎️ The first decentralized e-commerce Buy Sell cars. on: May 10, 2018, 11:00:43 AM
How about just creating autobay without a coin or token, who wants to switch to someone's token to buy a car.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Bill gates says cryptocurrency is bad on: May 10, 2018, 10:57:20 AM
he looks at it from the outside and the safety. ordinary people look at this side of the fact that you can make money. Yes indeed it is not very safe, but it is very profitable financially.

I disagree, it's pretty safe as long as you're not going to be an idiot.
Bill Gates has been talking a lot of crap lately.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcore 1. birthday today - what will happen after 30. april? on: May 09, 2018, 02:53:43 PM
I bought some bitcore a while back already, planning to hold them for a long time.
Spec wise this looks like it beats all other bitcoin forks and they released before bcash or any of those were even around.
One of the best dev teams around.
15  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The market does not look good! on: May 09, 2018, 02:47:41 PM
If BTC goes below 9K many coins will go down big time!
Be careful!

Take it easy mate, experienced traders in crypto ride these waves.
It's absolutely normal when most things are pegged to BTC which is very volatile in itself. Get familiar with that and take advantage of it.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is King and Ethereum is Queen , Do you agree ? on: May 09, 2018, 01:54:11 PM


This image been made by an ethereum fan I assume.
How is ethereum scalable, yes it scales better than bitcoin, but didn't last year prove that it still has a scaling issue?
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto going strong! on: May 09, 2018, 01:45:57 PM
Lot's of things are in the green, and I can feel FOMO settling in already.
I think if you have invested in decent coins early this year,  there is a good chance you will be a very happy man at the end of this year.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PoW] [PoS] [MN] [Xevan] Onlax Coin safe private currency [ZeroCoin] on: May 09, 2018, 01:12:57 PM
Brilliant project...
10 days of life...

Well yeah what do you think is going to happen, they are making the next masternode/privacy coin already.
There is nothing special about it, after all everyone can fork a coin.
19  Economy / Micro Earnings / Re: Highest paying faucet site on: May 08, 2018, 01:36:44 AM
Don't waste your time on faucets, you will never earn a good amount of money from them.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: How can the ICO scams be identified? on: May 07, 2018, 11:56:40 AM
Previously, it was much easier to define a bench. I think that now scammers spend big money to make their projects look like they are real.

Exactly. They even pay big listing fee's for exchanges only to pump and dump there, slowly disappear and let the coin die out.
They pay hundreds of thousands for certain exchanges listings (sometimes millions), but they know they are going to make bank off of it.
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