|
###Proof of authentication for Telegram Bounty####
Bitcointalk Username: CryptoBry
Telegram Username: @BlockMoon
TTN Wallet Address : JQ1zYzYAkUZ357pQQQsVHRSvkx7kPwr6qE
|
|
|
|
|
How to register for the Instagram and Linkedin campaigns...they are not included in the registration form we filled up? Hope someone can answer me...
|
|
|
|
My country allowed some fintech companies to set up their business in one of the economic zones, several bitcoin exchanges are given licenses by the government to operate here and a well-known local bank had established its first bitcoin atm in the capital of this country. It means the bitcoin adoption in my country continuous and government welcomes it even there is no law legalizing it. Some remittance companies are using cryptocurrencies like bitcoin to speed up the sending of money to its destination. Bitcoin is already to known some businesses in my country but they are still reluctant to use it as payment.
You should have many things to thank those in power in your country since they never followed the kind of wrong mindset exhibited by some Asian countries such as China and India. The reality of the whole matter is that no matter how we downplay the governmental role in the spread of bitcoin and cryptocurrency, it would be so hard without the support from people manning the government. Lucky are the citizens of those countries who are opening the market for cryptocurrency and the government is not using its power to suppress it just because they think they gonna lose control of the economy because of bitcoin. |
|
|
|
this was already discussed a ton when price dropped and was debunked too. you didn't need to read something on reddit and make a article about it! it was a misunderstanding plus some FUD that led the started of this whole thing to believe those funds were moved to exchange to be sold. we actually figured out that those coins weren't even moved to exchange, but to a wallet (XAPO to be exact)
That is exactly what I am wondering about when reading the post above...bitcoin was not moved to an exchange so the conclusion is that this is just another FUD and someone just actually looked for a reason why bitcoin at that time pulled back and they find the transactions outlined above. But to continue discussing the main points presented in that Reddit post, the same thing can happen with stocks, forex, gold or any other investment vehicle, if you own something no matter how small or big you all have the right to move them anywhere you want to...there is no law limiting an owner of anything (bitcoin on this discussion) what to do and the same thing here in cryptocurrency. All of us have the right to sell and to buy any amount of cryptocurrency we all want as long as we have it or we can afford it. And there is nothing wrong if ever anyone can profit $15 million in just matter of minutes or even seconds. In addition, to say that it is money for nothing is wrong because if that person has no bitcoin as capital in trading he would not have any gains, and this is quite basic. Of course, not unless we are subscribing to left-leaning ideas. |
|
|
|
Hey guys I recently find a platform providing 100X leverage to buy futures contract, and it claims that it allows you to hedge the risk of bitcoin price fluctuation. As a noob, I am attracted to its simulator feature, but I am still a bit afraid of the mechanism of the platform. Can anyone help to explain if this is a legit method?
I am not into that type of trading but I know that this is quite risky. Though am not saying that you can never make something out of that platform but I am advising you to educate yourself first on leverage trading and futures contract because usually platform like the one you mention here do not really care that much if you lose money. As always, it is good to make our due diligence. |
|
|
|
bitcoin is not made to beat anything down, or replace anything. it is just there as the additional option for people who don't like the current available broken options that in most cases are in a corrupted economy controlled by the banks and the governments.
other than that, US dollar has been beating itself down without needing help from external sources.
It is amazing that many people still hold the idea that bitcoin is going to supplant the fiat currency. I don't think it will happen within the next decade nor in the next 50 years. And if ever the US Dollar can collapse it will not be because of bitcoin but the country's economy is not as great as anymore. The role of bitcoin (at least for me) is to become an alternative currency to the decentralized fiat money we are used to and maybe to also become a storage of value (the same role that of the physical gold). |
|
|
|
Vancouver needs to worry more about their homeless problems rather than bitcoin ATMs.... although I do understand the logic, the city is a haven for money laundering. Not sure why they don't consider shutting down the casinos in town... as those are money laundering waterfalls compared to the dripping faucets of a few btc atms.
That is a very valid question but I think I know the answer to that. They are not making any qualms about the casinos because the government and many people are making an avalanche of money with them. As for bitcoin ATMs well maybe they don't get anything of them for now but they can impose a tax for every transaction if they wanted to. |
|
|
|
|
One of the many things that bitcoin become very attractive to many people is that is it is in digital form...take that property away and you are just creating another fiat money not so dissimilar to what we already are using. In other words, there is no new innovation in there and would not make any sense (at least to me). In case bitcoin will eventually fail, the best alternative is to go back to gold -- real gold coins otherwise we just return to the normalcy. Plus you suggest the idea of involving China in making and managing the coins...that is blasphemy to say the least (lol). But I do appreciate the bitcoin image above though it is looking like a silver coin.
|
|
|
|
I do hope regulations would be best rather than implementing a total ban.
This is the best solution to stop money laundering on cryptocurrencies but the government chose not to do this stuff I think.They cant find ways to get benefit from regulating bitcoin usage,they cant tax every transaction,would be meaningless if they push to regulate the usage of bitcoin so they chose not to and just ban the whole thing. I think that if there will be a good regulatory platform established by the government they can be able to tax ATM transactions because the ATM machine is not decentralized and there is a business entity behind such a machine. But then again, this depends on which matter weigh more on those in the positions...if they are really afraid of money laundering more than they are attracted to the tax opportunity then the ban can happen soon. |
|
|
|
Can BTC restructure a new financial order? Can BTC or another kind of cryptocurrency beat down the U.S. dollar? What's your opinion?
Maybe in a world that can be united we can make bitcoin beat the US Dollar and any other fiat money for that matter. The problem is that unity is something that is elusive in this world...heck even the bitcoin industry itself is not united as we have witnessed so many bickering and self-vested interests showing us the weaknesses of the human nature. The idea that bitcoin (or maybe another cryptocurrency) to become one global currency can never happen -- not in my lifetime maybe. This kind of idea l is existing only in pipe dreams. |
|
|
|
Obviously hastage power is very strong here. 51% people is not very important here, important is their honesty in their work. But in hastage 51%, it has 100% honesty by blockchain if we input correctly. It is totally impossible to dishonesty in blockchain by hastage to here 51% hastage is more stronger than 51% people.
We have 100 people in a gym. Sally has 51% of the hashing power and wants to play basketball (shes a rich bitch) The other 99 people have 49% of the hashing power and want to play soccer GG WP, great because of 1 fuck we are stuck playing basketball. THANKS SALLY! But it is really possible that one person can own or control or influence 51% of the hashing power? I love your analogy except that in the real world it rarely happens maybe except if Sally is the owner of the basketball gym but in that case the other 99 can just get out of the gym and play whatever they want. Again, except if Sally own the minds of the other 99 and she can program them as robots. |
|
|
|
We know that there seems to be an expanding market for bitcoin ATMs around the world (or so I thought!) because primarily it is very convenient for anyone to convert their bitcoin into real hard cash and maybe also to buy some bitcoin at the same time -- with ease and convenience incomparable which other means. However, while many might be rejoicing at the prospect of going to a bitcoin ATM to do some transactions, there are those in the authorities who are thinking otherwise...they are afraid that bitcoin ATMs can be utilized for money laundering -- the same big concern expressed against bitcoin itself and the whole of cryptocurrency. Just recently, the mayor and other officials in Vancouver called for the ban of bitcoin ATMs due to its unregulated nature of doing business but an attorney has a fair view on the matter: "Vancouver definitely has connections to, unfortunately, digital currencies being used for nefarious purposes. But on the other side, it also (includes) legitimate businesses where they’re trying to get regulations to operate more legitimately.” In case you are given the chance to talk to the mayor and these other officials on the said matter, how would you convince them that their plan to ban bitcoin ATM is wrong? |
|
|
|
I think that there should be a clear distinction made between a decentralised economy, and a decentralised currency supply. The latter is what bitcoin is trying to achieve, and most other cryptocurrencies as well. Decentralising the entire economy is still unfathomable at this point, and it is unclear whether this is actually going to be practical or required. In the future, though, I think that what will happen is that centralised currencies will run in parallel with decentralised alternatives, to a greater extent than what is already happening. More people will most likely move their assets into decentralised, longer term store of values, as opposed to keeping them in fiat. However, the traditional financial institutions, central banks, etc. aren't just going to disappear off the face of the earth.
I have no choice but to totally agree with your assessment of things here. While we are dreaming of a decentralized economy, we have to accept that we are still living in the real world. The most likely to happen is the co-existence of the the current system we have and that one produced out of the use of the decentralized cryptocurrencies. Well, while there are frictions in between I am seeing that eventually things can be threshed out for good with many compromises along the way (whether we like it not we live in the world where compromises are needed to accomplish changes). |
|
|
|
In Venezuela it was way worse with a rate of: 1 USD = ~248,487 VEF which is 0.000004 USD, 1 Satoshi was worth 20 VEF at one point, this was changed recently due to the insane inflation in Venezuela and the old VEF was converted at a rate of 1:100.000
Wow I have never thought about Venezuela which has become the poster child for bitcoin use lately. What is happening in Venezuela is really saddening. The country has all the potential to be an economic power, has many of needed resources, got political leadership that shifted away from USA (they should have used that as a big advantage) but then it was mired with wrong policies and corruption got in the way. I am wishing well the people and the government of Venezuela that things will go right soon. |
|
|
|
|
This has been talked a lot in here and maybe because most of us are surprised of this development though we have to make it clear that this is still a proposed law and it can take some time before it can be a law -- that is if this can passed and if the original intent of the proposal will remain intact as you know that legislation can mean compromises. Now, if ever this can be a law, it would surely be a sad day for India because they will equate the ownership of cryptocurrency to a big crime on the level of selling narcotics or thievery. Let's hope enlightened minds in their lawmaking body will eventually realize the folly of this as this is like inflicting a wound to their own citizens. We actually need the India market for cryptocurrency...let's hope that a time will come when they can see the opportunities rather than the threat posed by bitcoin and other cryptocurrencies.
|
|
|
|
|
It is said that what did not kill you can make you stronger. And I think this is quite true with the world of cryptocurrency specifically bitcoin. As a decentralized network, we should not expect any government to just follow what the industry wishes...no that is impossible and no industry has been given an easy pass especially one that involves money and to some extent investment. Bitcoin is meant to ruffle the feathers of people in the establishments and if we don't get the reactions from them maybe bitcoin is not effective at all. Everything is a test for bitcoin because in the first place this is an experimental currency but once it can really bloom we will see its full beauty...and we should be looking forward to that time.
|
|
|
|
|
I also love conspiracy theories but then they will remain as that until solid evidence really arrived and until maybe what you feared has already come true (which can surprise all). I am sure this is not the first nor the last one presenting the idea that it is the government that can be behind bitcoin. However, why the USA government? Are they really that intelligent enough to have concocted bitcoin? No, I doubt it. Just because someone was mentioning CIA do not make it so. I am theorizing that ever there was a government involved in the making of bitcoin it must be the Japanese government...just look at how good they are in embracing bitcoin though in a strict environment. Nothing to say on Japan yet?
|
|
|
|
|
Show Posts
