Latest posts of: CarnagexD

Quote from: electronicash on January 14, 2020, 12:50:23 PM

there are many mysteries in crypto including the reputable and the worse users in the forum and there are also developers who contributes well like the mimblewimble guy. but yep satoshi is obviously the best mystery that i guess we hope not be uncovered. privacy is the best thing this world has. you can never go out enjoying the beach when everybody knew you.

Besides bitcoin is already bigger than its creator. Bitcoin's price and popularity far outshines Satoshi Nakamoto's legacy. This might seem sad but this also allows the real creator to live a quiet life enjoying his own bitcoins if he does have his own. Speculating and finding who Satoshi is just gives scammers and opportunists the chance to take advantage of gullible people in this community.

Quote from: airdnasxela on January 13, 2020, 03:46:31 PM

It's normal for us to discuss halving. Everyone's expecting on it. Although we shouldn't give too much expectations. But since on the previous halving it cause a positive effect on Bitcoin, we cannot just disregard that it can also happen again. Even though we keep on talking about halving, we're still promoting Bitcoin. We've been promoting Bitcoin ever since. We're all dreaming the same dream for Bitcoin. Mass adoption.

Correct. I see the author's points since I myself am a cryptocurrency investor that got ito ivesting because I saw a revolutionary potential on bitcoin. That it could surpass fiats moving forward leading to a much more consumer-friendly environment. But you also have to consider that we have as many tech supporters as price ivestors. People who are into bitcoin because they saw a way to get money.

Quote from: Wipeout2097 on January 13, 2020, 02:39:14 PM

Legality is major hurdle also government not allowing for it,Beside the creating awareness about the crypto that maximum population adopt it.First decade of Crypto was for development and current decade is for adoption.Current also precious for the cryptocurrency,halving of BTC is on way and that will also green signal for the adoption and the rising price of crypto.

I believe people run dafter crypto because they want financial freedom and easy way to transfer their funds globally.

The world running on cryptocurrencies is not a farfetched idea honestly. At this moment people are more into digitized goods and not too soon bitcoin will be the prevalent currency there is due to the fact that it is more secure, fast and efficient. Bitcoin only needs support and time to develop into a more desirable coin than what it is right now.

Quote from: AmoreJaz on January 12, 2020, 11:13:55 PM

Quote from: bdivrik on January 12, 2020, 06:25:30 PM

Too much electricity is consumed to produce Bitcoin. I agree with this situation. But is the production of other swap vehicles very cheap? Bitcoin is a result of the current economy. The economic impasse led people to Bitcoin. A solution based on solar energy will be developed.

this is the reason why using renewable energy sources is one of the best solutions to attack this situation. solar or wind energy for those areas that have plenty of it. and fortunately, a lot of areas can offer this source of energy. around the globe, you can use both of these sources.
but unfortunately, those blockchain projects that were introduced to explore solar energy seemed not to prosper with their objectives. but if you are a solo miner, you can start by investing on solar panels or combi of wind turbines and solar panels. this combi is getting cheap already. and in the long run, you can earn a decent profit out of it...

Indeed, if only renewable energy is a bit more accessible and rampant then we won't have to worry about mining and the bad implications it brings. hopefully the future at the very least bring good news to cryptocurrency mining as it is one of the most potent cryptoccurency earning methods out there.

Quote from: Ozero on January 11, 2020, 05:43:14 AM

Quote from: Ridwan Fauzi on January 10, 2020, 01:07:25 PM

Yeaah it was a fake news and I've read already yesterday. Maybe if there is someone who life in Iran here can make an explaination/clarification that this thing is happen or not. Indeed, the price of bitcoin will be different in some exchange and this has been using by some investors to get profit with arbitration strategy.

Moreover, I had read in some news that the government of Iran have no good relation with the user of cryptocurrency especially bitcoin. A few years ago bitcoin is something harmful to be use in that country and I'm sure there will be few people who use and even know bitcoin.

I got acquainted with many sources and they are extremely controversial about whether the demand for bitcoin in Iran rose when the tension between the US and Iran increased. It would be nice if Iranians spoke on this subject. Now, tension has dropped, and Bitcoin has been growing in price again for two days, and today, according to CoinMarketCap, its price is $ 8,129, and ethereum has risen to $ 143.

I don't see why people fall for this trick. If they have known how bitcoin works fundamentally then it should be easy for them to tell that this is another trick by the scammers to take advantage of mere investors here. If I'm not mistaken bitcoin is decentralised yet secure as to ensure an equal and uniform value wherever you go. Which means that whatever I paid for 1 Btc here in my end should be what you would pay for equivalently on yours.

Quote from: Dalmar on January 12, 2020, 04:44:11 PM

Not a good idea, I can't imagine the criminal what will do to my body if he knows about the stored private keys on the implant. The criminals can detect the stored info with the help of technology and they can use the advantage of PK for spending the crypto.

This is true, you might be taking it too far with your implant aspirations. Imagine the costs that it would charge you and everyone who takes advantage of it. Furthermore, health complications for when your body rejects foreign bodies is also something you should consider. And lastly, you still would not be safe from hackers since most probably the implant that you have will still use private keys to open your wallet up which When hackers use, can still be susceptible to theft.

Quote from: pearnapple on January 12, 2020, 10:31:48 AM

I think we got to the bottom at 3k and we're going to gradually go up here. When a price hits some level and bounces back to where it came from as it did at 6400 it shows a strong bottom, so just like 3k was the bottom after the 20k 6k high is the bottom after the 14k high we had this year. In 2020, we will continue to take higher lows. Upon halving the next bubble. Maybe in 2020's winter..

I see, but as for me I wouldn't expect a really big bubble coming up even when the halving comes around. Say at least equal or lower to the 19k bitcoin price last 2017. Nevertheless I still expect huge gains come around even after the halving. Depending if people get too excited about this and pull their bitcoins off. But worse comes to worst, I'll say bitcoin might get huge dumps after the halving hype subsides.

Quote from: alan2here on January 12, 2020, 09:47:33 AM

Quote from: Wysi on January 12, 2020, 09:17:44 AM

War is just one of the factors which will affect crypto just like whales and other global event but the value of crypto cannot be entirely affected by war. Those who things war will increase the price of crypto often tends to forget that it makes the commodities expensive as well so there no benefit from war except for those who sells weapons.

War never ends well and it will only make the world situation more serious. I think a lot of wars happen in a violent way and that threatens people's lives. In my opinion, the crypto market will benefit greatly from these actions, but this is certainly undesirable because any war will make people in that country more miserable.

We should cherish peace more because if we can not keep peace this year, World War 3 will probably happen at any time and you will be the next suffering.

Certainly. Wars obstruct the progress of technology which is the heart of cryptocurrencies itself. Without technology to operate from, bitcoins and other cryptocurrencies are at risk of slowly drying out of their values until they become worthless digital garbage. Additionally, large-scale wars completely mess up economies, most of the time causing hyperinflation which will make it even harder for people to get a hold of cryptocurrencies and invest on them.

Quote from: maxreish on January 12, 2020, 02:06:25 PM

This guy has a big support to bitcoin from the very start. He even said that he is optimistic about this technology brought by bitcoin. And his tweet is powerful, let's admit it. Coming from a popular company's owner who loves to spread positive insight will definitely influence other people to look greater opportunities with btc like investinng into it.

Certainly, that's why his support means a lot to bitcoin. Good thing he already saw the benefits of this cryptocurrency and is for it. Nevertheless, we must also exert our own efforts into keeping this coin alive at the very least. He might've caught wind of the halving that caused him to show support on bitcoin once again.

Quote from: Ucy on January 10, 2020, 04:56:35 PM

Earn and spend is actually a good idea, especially if done within a decentralized Bitcoin ecosystem . I guess Lightening Network is best suited for this. A serious earn and spend initiative(if ran like an independent society) could seriously conjest the network.

Creating a network of spending and purchase could actually help bitcoin in its way to becoming a full-pledged currency. See, the environment where money is regularly spent somehow lowers the inflation and the volatility rate of a certain curency. If this can be done with bitcoin, there could be a possibility that this will give way for bitcoin to become a much stabler coin that it's sipposed to be.

Quote from: ubercool on January 11, 2020, 03:19:01 PM

It is really hard to read your post.

Being a long time alt holders, I have lots of hope in 2020 and we may get a new better alt season this time Cheesy

There are many more countries which need to accept crypto and it's implementation should be done in all the sectors, we may see that in near future.

Yeah, speculations are that due to the halving coming up this 2020 altcoins especially ones that are backed by bitcoin are to expect pumps in their price. So it means that we should expect gains not only for bitcoin but for major and some of the existing altcoins in the market. Nevertheless, just by simply hodling on the coins we have we are able to get ourselves nice profits and rewards. Which is cool in itself.

Quote from: 7788bitcoin on January 11, 2020, 02:48:01 PM

Quote from: GreatArkansas on January 09, 2020, 11:35:27 PM

About this topic, I'm a little bit amazed on the interest of Bitcoin Iran keyword when I tries to look up on it on google trends.
And there's some rumor recently that the price of Bitcoin in Iran was something doubled or more than the original price of Bitcoin.

You have the answer with, there were rumors and fake articles that the price of bitcoin in Iran is trading at over $24k and when you see a news like that then people will naturally tend to search to find out the situation and whether they can profit from the situation and that is not strange as bitcoin is a global market and if people find that there is a leverage to make money then people would search for those opportunities.

Precisely, main reasons why people are garnering interests over bitcoin nowadays is because of this fake news. And it's sad that a lot of people fall for this trick. Bitcoin is a global market, what I pay for 1 btc here in my country is what you should pay for equally in yours. Better to educate people first about how bitcoin works and whatnot to prevent future hoaxes like this from spreading and overall cause bitcoin its reputation.

Quote from: keyscore44 on December 26, 2019, 12:05:55 PM

Quote from: dimox on December 25, 2019, 09:42:43 PM

the legalization is needed if you want to build it. in my country, there are just three atm and they placed on popular place that many tourism. so when build on strange place like useless though they want to spread bitcoin existance. many people know about bitcoin but many people still ignorance about this one

I am not supporting centralizing the cryptocurrency market, but for efficient operation and, above all, to protect normal people from scammers, regulations are needed. Without them, scammers will feel that no one can punish them, and honest companies will not be able to grow normally. The same applies to Bitcoin ATMs - there must be regulations first, and then the development of the network will start.

True, there are many loopholes we can take that will enable us to put more strictness towards keeping and investing on bitcoins without centralizing the market itself. To just add up, technology on the other hand is needed to support these ATMs to ensure that all users get high quality service and to reduce errors.

Quote from: QUANTUMInstruction on January 09, 2020, 05:11:01 PM

We don't know whether quantum computers will exist or not, but assume they will be built and some QC owners will move the early mined coins. What will happen?

Case 1
They (QC owners) could move the early mined coins, which are mined to P2PK addresses and haven't been moved since then.
They could let these coins there for a certain time to give potential owners the possibility to prove (signed message) that they are the owners and transfer these coins to them.
If there is no owner, the QC owners are the new owners.

Case 2
Some BTC owners will not accept case 1. They will create a hard / soft fork and burn these early mined coins.

In both cases we have to implement QC resistant addresses immediately.

Case 3
They (QC owners) will move all possible coins (also from active addresses).
In this case the Bitcoin price would collapse and it would end the Bitcoin project.

Case 1 gives the QC owners the possibility to improve our Bitcoin network and make it quantum resistant and reward them with these early mined coins. If there are still owners of early mined and not moved coins, they have the chance to move the coins and will get them back even after being moved, if they prove it (signed message) within a certain time period. Case 1 would lead to a smooth transition to a quantum resistant Bitcoin network and would be the strongest fork.

Hate to burst your bubble my friend but Quantum Computers aren't even existing yet. There is a huge possibility of it coming in the future but with the current technology we have right now it is too unlikely, so you won't need to worry about bitcoin's status just yet soon as quantum computers come around.

Quote from: cheezcarls on November 26, 2019, 05:07:58 AM

If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.

Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.

Full news here

I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.

Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.

Impressive statistics you got there mate. Most of our fellow traders here prefer going all in because of how big the changes they see first hand but I've never reall thought about spreading my buys until I see this. This will be helpful, although hodling and timing your purchases still poses the most profits if you'll ask me. I would like to incorporate this strategy however in my next investments with bitcoin.

Quote from: TimtheYoutuber on November 11, 2019, 03:41:14 PM

Full article: https://www.forrestvisions.com/blog/people-are-underutilizing-bitcoin

People need to start accepting Bitcoin and keeping it, not converting it.

If you think of Bitcoin as just a virtual placeholder for fiat currency, stable coins will be the future and Bitcoin will slowly fade away.

Thoughts?

Well the main reason for this happening is because of how profitable bitcoin has become. People don't see bitcoin as a cryptocurrency or even as a placeholder for fiat, they see it as another get rich scheme that they can abuse to earn free bucks. Which is of course not what bitcoin is intended to be used for. Sadly, until this negativity is removed from the system I doubt bitcoin will get to what it was supposed to be.

Quote from: mrquackquack on January 08, 2020, 01:55:55 AM

While most people tend to market bitcoin as being anti centralization, anti govt. so on and so forth, it occurred to me that it might just be centralized too. Seemingly we still have whales out there hoarding not just 1 5 or 10 bitcoins and its many many forks mind you (free Extra money) but with thousands upon thousands of bitcoins. So in all of this it's kind of a scary dilemma. What are you thoughts and comments on this seemingly true fact? Thoughts and comments are more than welcome.

The whales can definitely manipulate the climate of bitcoin but not to an extreme extent that fiat is being manipulated by the top 1% of the richest. The whales can pump or dump but can only change bitcoin's flow by hundreds and rarely thousands of dollars. This is because of how bitcoin is secured and volatile, along with other factors that affect bitcoin more than these whales do.

Quote from: Polo7 on January 03, 2020, 01:41:37 PM

USA dollar weakining coz of war
So what is Next currency to use?
Its a euro?

And what is the safe asset?
I Think its not Gold and its not Property either

Well if war is commencing then Euro will not be the best currency to rely on. As far as I know they don't have oil reserves on their own which is what supports most currencies nowadays. If anything, I think the next fiat after US dollars will be CNY because of how strong the currency has been going so far.

Quote from: Adriano2010 on January 10, 2020, 02:56:28 PM

I will not choose ripple, i will choose bitcoin first time, because bitcoin never had accusations that was for ripple and is decentralized and also over time if calculate bitcoin give a lot of profit and will continue do it, and also is accepted as a a payment from a lot of merchants.

Yeah, as of now bitcoin still stays as the most promising coin there is on the market. It had already established its name on the cryptocurrency world which pretty much means that a lot of people investing or just mining will choose bitcoin without a second thought if they were to be given a chance. Anyway, if you're confident with choosing ripple then go for it. It's your money after all.

Quote from: yamasis on January 08, 2020, 04:56:22 AM

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.

Yes my friend, don't mistake bitcoin's volatility as futility of the price charts and growth trends over time. We can still make a viable assumption or inference by reading the charts provided that we have the basic knowledge of it. Bitcoin's price follows a trend just like any goods and if we are able to at least grasp some knowledge I can confirm that we'll have valuable information which we can use for future decisions.