Thanks for the link. It is good to see all these projects that accept cryptocurrencies. I was amazed at the amount of official companies accepting these payments.
Cryptocurrencies have broken boundaries between countries and thus donation has become easier and more reliable as payments can be made without the need for third parties.
I hope to see platforms like Gofundme
It's good to see such platforms like this that supports cryptocurrency as means of donation. What a job for cryptocurrencies making donations easier all around the world. What I think they could upgrade is the number of their accepted cryptocurrency coz there are lots of crypto-charity yet the accepted crypto are limited, they only accept bitcoin, ethereum and XRP in general. Having said that these charities are beneficial there are still problems with it like for example with GoFundme there are still missing withdrawals and error on their part. |
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If an ethereum developer hand carried a bag of rice into north korea they could be charged with violating economic sanctions. Crypto presentations carry a similar effect. Sanctions apply not only to food and raw materials but to vital information, technology and data as well.
I guess it too. He carried just his presentation to present in North Korea, there is no vital information, technology and data on it that belongs to the U.S. but the fact that he is assisting the DPRK with the cryptocurrency to evade sanctions will surely put him in jail. I already see a probable cause with it. Virgil is a wise man indeed, I know he knows that doing it is a violation of of U.S. sanctions against North Korea.
That said I'm not a fan of the heavy handed, authoritarian and overbearing policies nations like the US employ against ETH developers with good intentions who merely want to do presentations and spread innovation and progress around the world. The state's goal is to repress and condemn these tendencies but by being too heavy handed, it can carry the opposite effect. It makes the USA look like a bully and generates sympathy for rogue nations like north korea. Not to mention being unfair in my eyes for the ETH developer if his sentence is severe.
Looking on the top view, we can literally see U.S. as a selfish nation unwanting North Korea to have the idealogy of cryprocurrency. But then again it's U.S., whatever it says must be follow so be it. I've read some news about it and fortunately Brian Klein is already negotiating the bonds for Virgil's release. |
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It is already happening like most developed countries have already started adopting blockchain technology and few federal banks across the globe are into beta testing on blockchain applications. Like experts predicted blockchain is the first thing, to get mass adopted and then cryptos. An efficient system always result in boosting economy on its own reasons. When blockchain will be used, for example, for tracking records and preventing counterfeiting, we can see less corrections on a country level. I guess it is too early to speculated about the level of economy growth due to blockchain adoption. Let's wait and enjoy the developments due to blockchain adoptions along the way it will be happening.
I couldn't agree more. Developed countries will lead of this system revolution. Cryptocurrency might look risky to adopt but not the technology behind it, blockchain. I already see Germany as the first leader country with their new approved law applicable next year that enables their banks to provide crypto-related services and that includes asset management.Negative interest rates would probably not that high when it is already running. Crypto advisors evenly favored to it saying it could've be done last year to see the growth today.
There's no guarantee that the fees you pay or transaction will reduce when the government starts rolling out their own cryptocurrencies, you're not sure about that yet as segwit must be a temporary solution for the scaling problem of bitcoins. I am not sure that governments are really going to do such a thing. I'm thinking maybe they are just going to rely on the upgraded versions of Moneygram, Western Union and the rest of them, just like Ripple is trying to work with banks. I'm guessing something like that.
Obviously transaction fees won't be out of the regularity because it is part of the regulation including taxes. In the end of conversation banks are still a business by government that generate taxes for their employees and society. What I think of the version is that they will provide their own but I guess it will just be similar from the existing ones. |
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USDT is currently the best stable coin.It is included in many currency pairs and is secured by $.Why reinvent the wheel if it already exists!).There are enough stablecoins now, so it seems to me there is no point in creating a new stable coin.
No doubt with USDT as it is pegged to dollar for 1:1 and other fiat currency equivalent. But as of now, I haven't read or know yet any projects that will ensure stable coin's use. I guess stable coins are already in place for being a safe haven for the market, that would do for now but if there will be any idea to work with stable coins in efficient way that would be great in general. |
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Its all about your priority if you are in part time its better t go with long run and if you take it full time then day trading is best.You will learn alot from market n daily basis and even you got small profit but it worth.
Absolutely. It actually depends on your time management, If you don't have job to do then might as well go with full time trading or day trading but ready your tools like computer/laptop, smartphone and most importantly the capital you'll need. But keep in mind that day trading contains a lot of risk than long term trading or holding since it needs more time requirement and is adept towards the market. Trading is all about learning first you learn and then earn,Must have patience and money management skills.
Or you can learn while trading already, you can try trading in a very small capital. Or try to find trading platform that offers a demo account on which you will be given a playable amount to begin trading, more of like a trial one. |
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Institutional funds getting into the market is only a good thing for the long term as more funds pouring into the market equals growth. Especially with the halvening coming the Bitcoin will become even more scarce & people will be eager to get at least a decent amount of it as they are now as well. I expect a big FOMO to appear in the market once Bitcoin gets again above $10k and then another wave when going for a new ATH
Institutional funds being injected to the market will result to a huge market growth especially now that mass adoption is taking over simultaneously with the bitcoin halvening. The said halvening has not been proven to be increase the bitcoin market price but somehow the charts says that halvening corelates with bitcoin price as it affects the demand for the bitcoin. FOMOs will be everywhere causing the price to increase drastically. |
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The only thing that really keeps it's value is property. Even gold has been known to lose it's vale (see early 1990's).
Well yes. But property isn't generally used to help the economy restore itself, but rather gold. Gold has been known to be one of the steadiest properties that have not seen any huge changes in its price in the recent years. With Fiat currently collapsing literally on us, gold would still be the best choice instead of properties. Sad to say about how America has been printing money though. They know what is the issue but they refuse to address it and is instead preparing for another economic crash like the last time. You forgot to take note that gold is much easier to hoard. I'd rather store my valuables in form of property that will generate more value eventually. As you have said gold has not seen any huge price difference with the past years, making me think of the value of yesterday is as is the value of today.However looking upon the value of properties over time, we can see that price per any measurement increases with time just passing by. What is really the reason why fiat losses it is because of too much savings from us. As we see fiat being an asset rather than currency the more it weakens the economy. |
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Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
It's simple that you should start with learning capital and risk management. This is one of the most basic and important lessons if you want to invest successfully and keep your capital safe. In trading as well, you should have a cool head and be wary of market fluctuations and manage your capital so as not to suffer too much loss. For example, if you have $ 1000, you realize that a good project, you should not all in, just use 40% of the capital and keep 60% of the capital to prevent risks. Capital is not for keeping, capital is for investing. If you have some capital you should put it to work, try to diversify with your investments, don't go all in in one thing, spread it on more places, its far more better then investing just part of the capital and other part to just sit around, cause if your capital is in some fiat currency it will lose value over time cause of the inflation. Having entire capital in bitcoins is another thing, then investing some bitcoins and keeping all others safe have more sense, cause bitcoin itself is an investment. A good investor have a good diversification of funds. You cannot all in your funds in an investment. People are focusing on rewards and they have poor diversification in terms of investment and that's why they are suffering to huge losses. I must agree on this, I've been trading and holding for a couple of years now and I already know this since then, Diversification can save you from your loss on one of your coin , what it basically do is it enables you to gain/loss in any direction. I personally do not encourage people to take their full mag on a single crypto, it is better to have a lot of target and gain for every one of it than risking your all to uncertain coin. Like for example bitcoin, Bitcoin has been on top for so long and its volatility lessens through time but still not safe for giving your full shot on it. |
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- Start small: There is no hurry in trading and as a newbie, you should start small and grow with time. Losses are ineluctable, so a small capital will reduce your losses.
At every point, only invest what you can afford to loss
Yes, this is suitable for beginners with small capital because the risk is minimal if the funds are small, where beginners can learn how to trade without the fear of losing your capital if you use small funds. As long as they are newbies starting small is much better as they can test their understanding in the market through it without risking too much. Or if they really in short budget then using simulators will help them. Applying money without knowledge sometimes leads only to lose so better invest in learning first. I guess this is the very important among the tips. Starting in small scale will really teach you how to do trading, although trading with huge amount is not similar with small ones. And having small amount to trading does not limit yourself, you'll start to learn taking the risk. Then eventually, try to add more capital after a while then continue the process until you fully have learned the techniques suitable for you. |
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If it's really cold wallets then there really isn't much that can go wrong so long as it stays in cold storage. I'd expect Coinbase, having never been a victim of a major hack, would know their stuff.
Dont know why some people do talk about possible hack yet we've been talking these funds being stored on a cold wallet which its nearly impossible to hack unless if those keys are lost or being compromised. They are discussing about coinbase storing its huge asset value on cold storage for possible hacking, why? Cold storage can be compromised if and only if it will be stolen but that is practically impossible to happen when a particular exchange handles it, I mean it never happened yet. Almost 1M btc possession of coinbase isnt really that surprising though and as said they have never been a victim when it comes to security breaches which something means that
they are aware of everything when it comes to that matter.
With almost $2 billion dollars in various cases of hacking and stolen funds that started on 2017, It's not surprising at all seeing these exchanges to use cold storage wallet for their customer's assets. Their system have never been compromised and they should prevent that from happening at all times, at all cost. |
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Well they have to break up Bitcoin's 256-bit ECDSA before Bitcoin developers mitigate the risk and upgrade it to make quantum resistant.
As of the moment the google sycamore processor that they claim to be quantum supremacy today but only has 54-qubits which is far from what the minimum requirement qubits for cryptography's breaking point. But with bitcoin to upgrade to make quantum resistant, we must first who will be doing it ? Quantum technology is just opened recently, so it means it is on its early stages and these tech companies will be going to improve more and more. For now quantum computing is not a risk for cryptography, however it is possible to become eventually. |
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I guess the top spot will be taken by Ethereum as it will turn to POS soon. Its still on the bearish side of the market and hopefully we will see some new buyers because of the staking concept brought in.
many people have been waiting for this update. and many hopes from investors will see an increase in demand come before the update begins. we can only hope and hope it happens. ethereum is a good asset, and I think the updates that have been prepared next year will be a big trigger for market movements. I'd be more interested to see cheap coins for staking though. Probably less than $0.10 of a price will be more suitable since I don't have much budget for it. People are less trusting to altcoins and I'm just one of them. $200 is probably just the max I would spend to stake tokens for a passive income generator altcoin. OP should have mention the minimum requirements for each coin. ICON (ICX) is the closest cheap coin so far. I've never done this before but I'm interested on staking with altcoins now. I do trade on altcoins and fairly gets enough with it, and honestly losses from it is very much low compared when trading with mainstream coins. I got to decide which coin I would prefer the staking but more likely with Komodo it is a bit interesting than the ICX though. But I'll just get the minimum requirements, if I get satisfied with it then why not try maximum? Sometimes you gotta see the vacant lot behind the building. |
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in fact the most experienced bounty hunters now know that the price proposed for tokens during the ico never corresponds to the one after the end of the ico when the tokens reach the exchanges.
I know the struggle of this, I even experience just 10% income from bounty hunting than I expected it to be and worst are those unpaid campaigns that I joined. But I know that it is hard to compete with the most projects now funding got a bit hard after bitcoin hit its ATH, then the following years went low for bounty hunters. Exchange listing is the most awaited part of bounty hunters, but most of the time they always get disappointed to it. ( Bounty hunters can relate)
the real problem I think is another when the bounties do not come paid or after the end of the campaign before distribution the rules are changed by paying only one tenth of what was agreed or requesting kyc to pay
Not to pay for campaigns is considerable if they are transparent with their funding progress, Some are giving back what the investors had invested to them but not quite for bounty hunters. For changing the rules stuffs, actually it depends on the bounty manager, if he found something suspicious on the participants then having KYC might be the best solution that he can suggest to the campaign owner. |
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Don't look at the Bitcoin price dump as a worst thing. Bitcoin is volatile and price dump is a natural part of that cycle, it can't only rise all the time. As soon as you accept that, the better for you.
I hate to say this but these guys who says the price dump is the worst thing to happen with bitcoin is a shallow-minded people. Price movements, either up or down is natural, don't they know about this? or they just said it coz they lose a trade with bitcoin? Common sense must be present here.
Also, the price of Bitcoin and altcoins are not necessary connected and altcoins don't follow Bitcoin's pattern. There might be some coincidences but not a general rule, so don't let this to give you a wrong path.
There are still no data that shows any price of cryprocurrency corelates to the price of another cryptocurrency. It is just a coincided incident that happens usually especially with bitcoin. You can follow the patterna but don't expect it to be accurate always, grab any opportunities I must say. |
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They could not totally prohibit Bitcoin because total ban is almost impossible. Acquiring Bitcoin and other cryptocurrencies is quite easy through unregulated exchanges. And if ban is implemented, demand for it might rise which would further increase Bitcoin's price.
Why would they do a total? Government are just playing it safe for their citizen and that's their job to keep. Since bitcoin is known and used by many, its volatility keeps soaring high on which risk is at large. China for example, Chinese government is determining the factors to let people stay away with crypto especially bitcoin. Even bitcoin mining in China is at risk. I don't see it as saving grace too for them. It might aid them for awhile but personally, I think people would just trust exchanges more than banks that would monitor their purchases. Even worse, they might advertise cryptocurrencies aggressively to innocent ones without them knowing of its volatile nature.
Trust exhanges that is prone to online hacking? Have you computed the total amount of stolen funds to cryptocurrency exchange this year? They have lost huge amount of funds this year even Binance has a history of stolen funds. Banks on the other side has a physical security and online security. With a massive information found in the internet today people won't be that fool investing on what they didn't know. |
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To be sincere I have never used those asian exchanges. Generally they are very shady and not licensed with any authority. I'd much rather use some of the trusted american or european ones like Gemini or Kraken.
I've never used upbit exchange but good thing they are able to compensate their users. But it is hard to believe that after the compensation, there are still left fund for upbit knowing the amount they have lost. It does not matter which country the exchange is resided as long as it is secured, it won't matter after all.
Traders which play with those asian bucket shops deserve their destiny - don't want to be rude, but that's the truth. You're taking unnecessary risks when dealing with them.
Hey no one deserves to be in that situation, you're sounding like a racist with that. You condem asian exchanges as if there were never an incident of american and european exchanges hacking. Even the big ones have holes that can be breached. Even Binance has a history of stolen funds. So what's your point? |
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Well I'm having quite a hard time figuring out where to use it in the first place. Bitcoin, Ethereum and other more established coins don't even have that much is today. Probably when the time comes that crypto is accepted and understood, and it integrated in society, we'll be able to answer these kind of questions. There are still a lot of things to be worked out for Libra's actual use and for people to accept it.
Really as a FB user after the last year incident of selling the Fb data my trust from Fb has reduced significantly and now might not believe much u their coins too . Instead will continue to invest in best of the altcoins and bitcoins. I am facebook user and it is sad to know that they are injecting tracking cookies to our browser and let that harvest our information soon to be sold to their advertisement partners. This is why all ads you/we see is related to our recent searches for anything. Now talking about their upcoming coin, I really doubt we can have what we need with our privacy at large in expense of using their coin. Facebook already had enough with our data, guess its time not to let them do it again, even if they tell us such promising words. |
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In other side, actually risk in trading must showed too. I mean if expert trader who have a lot of followers only show his profit, maybe that followers will think trading is easy way to get money. And then when they try it by themself, they face experience that really different from who they follow did.
This is something that is missing from almost any tutorial that you see in YouTube or the comments of all the popular social networks, traders tell you how much money they made, when they entered the market and when they got out of the market but they do not tell you how much risk they took in order to make those profits, and a perfect example of this is trading with leverage, those trading with huge leverage can produce great profits in a short amount of time but they do not tell you the immense risk that they are taking with each trade and that no newbie can handle effectively. Greediness. This what people nowadays have, they search for "how to make money online", instead of searching "how to risk money online". Whenever I have my free time, I browse on different social media such as facebook and youtube, there is a lot of advertisement in those platform, one of those are trading. If you get into facebook/youtube video there will be ads to play. I noticed a bunch of one sided ads with various trading platform that is totally there just for the money. They show high returns from the capital which is the bright side of trading, which I really really get embarassed of (If you're a trader, I know you know the feeling).We came for the money, yes, but it doesn't stop with that. Trading will be effective if we could just see what it is really about. |
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Congratulations on your Journey to Member.
I see you have enough activity to Full Member.
Your next journey is go to Full Member.
Good Luck dude.
At least there is someone who understand me, Thank you buddy but i don't want to be a full-member, i request everyone do not merit me, because so many peoples thinks i'm greedy for merits Well there is nothing wrong seeking commendable quality posts, that's natural for people who wants to rank up in the forum in the first place. I don't understand why these people keep bringing unrelated matter to the OP. If someone finds your post helpful/good they have the right to merit or not merit you. Too bad for the OP, he is discouraged on receiving merit. He even put "please do not merit me" to his profile. I'd rather receive merit in honest possible way than asking and buying for it. |
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but that's a fact that you can see it, has it increased even more now? I think this is just recovery because if there is no recovery it can go down even further, and in my opinion, there is no hype from halving for now, but it will start next year. The majority of those who should buy at ATH should have sold above $10k because mid-2019 the price had risen to $13k.
If you look at the past market situation the hype does not start after the halving and when the market steadies themselves you will see that the market starts to go higher and that is what we are expecting to happen this time around, the regulation is a major topic and it all depends upon how these major nations are trying to regulate the market and we can expect them to come up with regulation in the next year. Next year will be the start of various cryptocurrency regulation. But what do we expect from it, a quite stable market or a more volatile one? Surely people who will first engage with cryptocurrency next year will be excited and hype about it, A big factor to predict what to happen next. I agree, the previous halving provides a significant price increase no matter what the market situation is. But then again it is still unknown for us, it is called just an expectation,anything and everything could happen here in any direction at any causes. So let us just wait for it to come. |
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