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WOW VLB back on bitcointalk once again. I mean how rare this scene really is. Who returns their collected sum back and restart the ICO with a lower cap. This itself shows how concerned they are regarding their product and its approach. Really looking forward to VLB this time. I hope it will moon soon in these times of great depression.
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Binance been hacked again,,,, the hacker dumped all altcoins to BTC, and then use those BTC to pump VIA (I don't know this coin) from $0.000225 to $0.025!
and then Binance locked withdrawing!
BUT the hackers already made billions from bear market....!
The listed short orders on many other exchanges and sell VIA with high price !
seems the hacker is more smarter this time!
Binance has acted with much more seriousness and smartness this time. Its immediately suspended all the withdrawls and deposits of all kinds. Reversed the trade after a few hours putting back all the bought VIA back to their original holders. We can say it kind of took the time 2 hours backward straightaway. |
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I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
Steady growth obviously. The strong upward spikes make it look as if bitcoin is a big bubble which is going to burst soon. Its the stead gain which make it valid and usable as daily currency. We don't want it to become a double your money lottery scheme. Instead we want stability in long term and usability in general. |
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What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
Hard to speculate bitcoin facing such a devastating defeat I would say its impossible to take it to zero due the technology it possess. But if btc goes to zero for sure 900 out of 1500 currencies currently floating will reach to zero too. All this due to the FUD which will be created. Bitcoin is taken as parameter of crypto currencies so if it goes out then its impossible for the whole market to survive that is why I think the crypto world would face its black monday. |
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The Ministry of Finance of Germany signed the Decree on recognition of bitcoin legal tender. The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?
An excellent step. This shows another currency in this world is standing with bitcoin and cryptocurrencies but I still doubt if they are openly accepting it as legal tender. Legal tender is a very heavy word to use. Legal tender means govt. takes responsibility of every satoshi that their citizen hold so its hard to say if they are pretty much with making it a legal tender. |
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Bitcoin helps me in my schools since there are many equipments i need to buy for my studies. It also helps my financial problems and misc to fulfill my interests in life. It is great opportunity for me to have this so it really helps.
How does bitcoin help you?
It helps me arranging me finance for my further studies and provide me a better standard of living along with my normal job. But more from that Bitcoin is a life changing technology in itself. Before it I never thought that your money can be stored somewhere around the internet. It made me realize about the reality of fiat and the real strategy behind it. |
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Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years
After 2020 I don't think you will see people becoming millionaires from scratch in cryptos that much. Simple reason is because cryptos too will hit a saturation point. No one will be able to make money blindly just be investing in anything as the things are right now. So after that it will be difficult to earn easy money. |
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Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.
Singapore has been thinking about the future of economy and finance and to become the largest financial city of the world. This in itself will be impossible without incorporating blockchain and bitcoin into business. Making cryptocurrency legal will fetch them a lot of new Investors which are ready to take part in the coin offerings. So all on all a great step by the govt. |
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I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Are you talking about all? I barely think that any country will take a step towards making cryptocurrency legal except for japan which portrays itself as a birthplace to btc. Governments get no advantage in making cryptocurrency legal. Infact it leads to increase in unaccounted economy in their very own country. This will make them lose control quite a bit. So its hard to say that any country will strive to make crypto a legal tender. |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
Reaching 21 million is too far away and still has no impact on the price. BTC has such a phenomenon and rules that after every two week it becomes difficult to mine new bitcoins which means that in future it will be harder and for each block mined the reward will be lesser and lesser. According to the algo whole of the bitcoins cannot be mined until 2138 atleast. |
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Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
This is the biggest problem faced by almost every crypto trader and investor living on the planet how to search for the best amongst all. Solving this is like the solving the problem of humans introduction on Earth. But I think some projects just show that they are good with their own deeds. Just like the VLB ICO. They weren't able to reach their soft cap in first time. But they were so keen to launch their project that they re arranged their ICO in a better way returning the funds back to investors. This really means they are serious about their project. |
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Many Say Cryptocurrency Will Kill Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction
It's not easy to kill cash because still many people don't know and understand cryptocurrency and they will keep using Cash.
Whats your view about this
If you say about hard cash then yes cryptocurrency is one of the reason while their is a curtailing on cash circulation. But yes this is true that crypto is not the sole reason behind it. The digital banking is the major culprit in it. But what I feel is that we were in a lesser trap when we were using cash with use of banking money we are in a much major doom as banks are creating money just out of thin air. Crypto currency is the only way out towards some real money. |
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Tell me your favourite ongoing/upcoming ICOs. These sites like ICObench overwhelm me, there are to many.
Also give some reasons why. Yeah I know this is the lazy way, but who cares right. Just looking for a top5 and research them see if any are worth getting into.
VLB and ALAX both are my personal favourite. Two reason for each of them. First lets talk about VLB the great Project has a team of some of the finest blockchain crafters and businessman who know how to take the project moon. Secondly their already working partnership with a working company like carfix gives them a huge advantage. For ALAX its the best gaming platform in decentralized world. |
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Please guys, I'm new to crypto-trading. I need ideas on cheap coins(not necessary cheap, but preferably cheap) that i can buy now. coins that are most likely to increase in value soon. I want to buy and keep for a while.
If you really want cheap coins then go directly invest in the ICO of a top coin. I personally prefer VLB token at this present time. It is a hot coin in town and undoubtedly the best upcoming ICO you will find. Moreover its quite cheap and due to its great working product the value will surely increase pretty soon undoubtedly. It will surely help you gain something. get it at www.vlb.io |
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Investment these days have become rather a bit riskier. But to mitigate this risk the best thing one can do is Invest in solid projects. Projects which are genuine and offer a genuine product or an idea which provides utility. When it comes to genuineness get only one product in my mind. The VLB ICO. They returned whole of their money in order to re hold a token sale as they were unable to meet their soft cap requirement. I mean who really cares that much??
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I think bitcoin will end. End is inevitable whether due to technology obsolescence or any other reason. Fiat too didn't began to end one day. But yes the ways written in article are really too old to be true. I mean its in itself quite unimaginable that bitcoin can end due to such foolish ways. you can stop trading of bitcoin in the white market but imagining it absolutely obsolete in the black market too is impossible. It is the biggest fuel of dark web how can you stop it?
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I think the most promising ICO for the day will be surely VLB tokn. It has a great conceptuality with their owners moving around the globe to attend various summits and popularizing their ICO. See this to understand their whole concept. These days all that matters is the concept and nothing else. which is what makes this ICO so special. |
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I heard of a project similar to this XENIO. It had some similar concept of gaming over blockchain. But frankly speaking this ICO looks much more promising than that. Xenio aimed at creating a single game while ALAX aims at creating a millions of games available to its users. Really looking forward towards the ICO.
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Banks and crypto doesnt have good terms. Thats what most of us think. Would it be better if there would be this kind of “bitcoin bank” where has the same function of bank but all transactions would be based on crypto ? For example
*you can buy or sell cryptocurrency legally ( because central bank approves this if ever)
*you can have this kind of secured crypto savings account who doesnt get hacked
*you can loan crypto for initial capital investment for trading and others
*you can send crypto to someones account limitless without fees.
Is this even possible? What would be the effect if the government impost this?
Banking serves two basic purposes. first is accepting deposits and secondly lending out. If we see broadly this service could definitely work but the problem is that there is no assurance. I mean the number of scams by bank will be enormous. If you deposit some bitcoins with any bank. They will lend it out in some other wallet to someone else. Who could scam quite easily if he is a decent software worker. All this really doesn't makes sense. |
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