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Author Topic: Is there any good news coming out these days?  (Read 307 times)
Leahhhh
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January 31, 2018, 02:32:00 PM
 #1

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?
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Proton2233
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January 31, 2018, 02:52:10 PM
 #2

What's the bad news you hear? The only bad news is the decline in the prices of bitcoin. You think that's bad news? I don't think so. Lower prices will attract more new people. In the future it will make bitcoin more popular. The price will go up. In the end, everyone will win.
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January 31, 2018, 02:57:10 PM
 #3

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?

Yes.Here it is.Now South Korea accept the cryptocurrency as a legal one.But with one condition,they have to start trade with their own bank account.The reason for this is very simple .They made a plan to get some taxes from the Bitcoin users.Instead of total ban, it's far enough I think.
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January 31, 2018, 03:22:45 PM
Merited by RejectedBanana (1)
 #4

Most reports we're hearing these days are full of bad news.

what bad news?

Chinese, Korean and a couple of other countries closing exchanges which were mainly used to launder money? them also banning ICOs which are known way of scamming people?

US subpoena the big shady thing known as Tether is a bad news?

and the latest, Facebook banning ICO advertisement on their shitty platform is bad news?

i don't see anything bad here. a bad news would be "bitcoin got centralized", "people stopped running full nodes", "a bug was found",... and none of these are happening! not what a government says about the decentralized bitcoin to pretend they still matter...

Is there anything good happening for BTC at the minute?

yes price is 4 digits Cheesy

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January 31, 2018, 03:30:22 PM
 #5

I must admit Tether is the one that worries me - I don't understand much about it but just don't like what I hear.
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January 31, 2018, 03:33:18 PM
Merited by 1Referee (1), BrewMaster (1)
 #6

The good news is bitcoin has crashed and now we can return to non-silly valuation. I'd be happy to see a fall to $6k, then no growth for a year. That would help our cause. Not your "cause" of getting rich. Our cause of disrupting banking.

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January 31, 2018, 03:47:51 PM
 #7

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?

The fact that people are already using the Lightning Network on mainnet.

A quote from a recent Coindesk article:
Quote
The excitement is not hard to explain – the off-chain technology
promises near-instant transaction speeds with vastly reduced fees – and many
enthusiasts believe using the network on the bitcoin mainnet, as opposed
to on the testnet, will speed up the time it takes to get the Lightning Network ready for prime time.

If the Lightning Network proves to be viable it will enable certain
use cases that aren´t possible using Bitcoin at the moment. E.g. micropayments,
subscription models or even something like paying for a videostream by the
second. Many people think that it will make Bitcoin payments much more
interesting for merchants, because it lowers the transaction times and
the transaction fees.

On the other hand, you could argue that the actual adoption of Lightning
network is still far in the future and the development could take more time
than people think. Besides, there is the possibility that there are bugs or flaws
that will be discovered during the actual usage, because the LN obviously
isn´t as battle-tested as the BTC main blockchain thas has been
running successfully for nearly a decade.
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January 31, 2018, 04:09:53 PM
 #8

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?

The fact that people are already using the Lightning Network on mainnet.

A quote from a recent Coindesk article:
Quote
The excitement is not hard to explain – the off-chain technology
promises near-instant transaction speeds with vastly reduced fees – and many
enthusiasts believe using the network on the bitcoin mainnet, as opposed
to on the testnet, will speed up the time it takes to get the Lightning Network ready for prime time.

If the Lightning Network proves to be viable it will enable certain
use cases that aren´t possible using Bitcoin at the moment. E.g. micropayments,
subscription models or even something like paying for a videostream by the
second. Many people think that it will make Bitcoin payments much more
interesting for merchants, because it lowers the transaction times and
the transaction fees.

On the other hand, you could argue that the actual adoption of Lightning
network is still far in the future and the development could take more time
than people think. Besides, there is the possibility that there are bugs or flaws
that will be discovered during the actual usage, because the LN obviously
isn´t as battle-tested as the BTC main blockchain thas has been
running successfully for nearly a decade.

LN will be the main difference maker this year and can really reverse bitcoin's fortunes, I get the sense that many have been losing faith in the idea of it being used for payments but as you highlighted, LN can change all of that. As soon as bitcoin is again an effective way to make payments and such it will attract more and more interest, it is easy for investors to be skeptical when they are investing in to an 'idea' instead of something that is actually being used by people on a daily basis for things they also do regularly. Yes bitcoin is still used for larger transactions but your average person of the streets won't have an interest in this.

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Bitmore1
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January 31, 2018, 07:07:59 PM
 #9

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?

The fact that people are already using the Lightning Network on mainnet.

A quote from a recent Coindesk article:
Quote
The excitement is not hard to explain – the off-chain technology
promises near-instant transaction speeds with vastly reduced fees – and many
enthusiasts believe using the network on the bitcoin mainnet, as opposed
to on the testnet, will speed up the time it takes to get the Lightning Network ready for prime time.

If the Lightning Network proves to be viable it will enable certain
use cases that aren´t possible using Bitcoin at the moment. E.g. micropayments,
subscription models or even something like paying for a videostream by the
second. Many people think that it will make Bitcoin payments much more
interesting for merchants, because it lowers the transaction times and
the transaction fees.

On the other hand, you could argue that the actual adoption of Lightning
network is still far in the future and the development could take more time
than people think. Besides, there is the possibility that there are bugs or flaws
that will be discovered during the actual usage, because the LN obviously
isn´t as battle-tested as the BTC main blockchain thas has been
running successfully for nearly a decade.

LN will be the main difference maker this year and can really reverse bitcoin's fortunes, I get the sense that many have been losing faith in the idea of it being used for payments but as you highlighted, LN can change all of that. As soon as bitcoin is again an effective way to make payments and such it will attract more and more interest, it is easy for investors to be skeptical when they are investing in to an 'idea' instead of something that is actually being used by people on a daily basis for things they also do regularly. Yes bitcoin is still used for larger transactions but your average person of the streets won't have an interest in this.

IMHO the LN will transform BTC. 
We will see a spike like none other when fees and transaction times fall to insignificance. 
It may take some time, but if within the year then I suspect we will see ATHs.

Then the moon is just a the first stop...
skorupi17
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January 31, 2018, 07:14:36 PM
 #10

A Breaking News!

"All cryptocurrency, especially Bitcoin, will stay bearish for the moment. This is a good news for those who wants Bitcoin to be stronger and not stay as a "hype" coin. The crash in Bitcoin's price is also beneficial for those who missed the rocket last year and, now, Bitcoin is giving opportunity for some to get on board before it takes off again in a sharp bull ran."

by skorupi17  Grin
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January 31, 2018, 07:18:11 PM
Merited by romero121 (2)
 #11

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?

We had tons of great news.
Square opening Bitcoin selling to more users.
Robinhood going crypto.
Samsung entering the mining space in building ASICS.
Japanese Line going to build a crypto exchange.
Canada becoming a mining hub. South Korea announcing there will be no crypto trading ban.
Bittrex announced altcoin/usd pairings coming soon. No Tether anymore needed.
Lightning Network development speeding up and so much more.
The fundamentals are looking really great.
Forget about the mainstream media who publish lots of nonsense and fake news.
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January 31, 2018, 07:18:24 PM
 #12

I must admit Tether is the one that worries me - I don't understand much about it but just don't like what I hear.

And,,, Tether is not going to affect Bitcoin, it is going to affect Tether. If there is spill over effect, it will not just be from Bitcoin but any crypto that trades against USDT pair on the exchanges that support them.

No news is worrying me now. A lot of exciting developments for Lightning Network. Using on mainnet, beta testing going on with some people. Blockchain doing c-lightning. Soon mempool will never be 5 digits again!

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January 31, 2018, 08:02:17 PM
 #13

Since when did good news ever have an effect? The only news that affects prices is bad news.

Good news is almost always abstract and long term. Bad news hits everyone instantly more often than not. And if you dig around you can find just as much good news as bad news. It's all about your own perception.

The price rises not on good news, but more buyers than sellers. And who knows what sparks that? It's not good news.

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January 31, 2018, 08:09:54 PM
 #14

LN will be the main difference maker this year and can really reverse bitcoin's fortunes, I get the sense that many have been losing faith in the idea of it being used for payments but as you highlighted, LN can change all of that. As soon as bitcoin is again an effective way to make payments and such it will attract more and more interest, it is easy for investors to be skeptical when they are investing in to an 'idea' instead of something that is actually being used by people on a daily basis for things they also do regularly. Yes bitcoin is still used for larger transactions but your average person of the streets won't have an interest in this.

https://bitcointalk.org/index.php?topic=2792933
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January 31, 2018, 08:16:44 PM
 #15

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?

Well maybe not for Bitcoin, but Starbucks is going to start accepting cryptocurrency payments. They’ve said that Bitcoin won’t be the one, but it’s still good for cryptocurrencies that they are accepting some kind of cryptocurrency payment. Other than that, there’s not much positive. At least this is a good time to buy with prices down so much.

 
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January 31, 2018, 08:47:27 PM
 #16

The good news is bitcoin has crashed and now we can return to non-silly valuation. I'd be happy to see a fall to $6k, then no growth for a year.
Can't agree more. People have become so used to close-peak prices, that every level we see today and tomorrow leaves a bad taste in people's mouth, and that while we still are up almost 1000% compared to last year's price. If it's up to me, I would want it to drop significantly lower than $6k, but that doesn't seem all to realistic right now.

That would help our cause. Not your "cause" of getting rich. Our cause of disrupting banking.
That's exactly what I am waiting for to happen, but we are unfortunately an extreme minority. If we really want to initiate a revolution to at least attempt to disrupt the banking system, we need the mass, or at least a good percentage of the mass to follow as well. At the end of the day, it's the numbers (the mass) that count, and as long as we don't have the numbers on our side, the banking system keeps thriving as strong as they have always been. No mass = no gas to fuel the revolution.

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January 31, 2018, 10:54:44 PM
 #17

I think the Starbucks CEO comment on crypto currency was really a good news for crypto community. But yesterday’s news about restricting Cryptocurrency including Bitcoin ads from Facebook advertising was a bad news for affiliate and marketing.
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January 31, 2018, 11:18:42 PM
 #18

Careful on reading some threads bro. Maybe that could make your decisions worst. There are a lot good news happening on crypto world and the bad news is just very minor cases. Most of the countries atlast adopt on the bitcoin system and most encourages people to invest. Bitcoin prices still on the blood drop but there are some speculations it will increase in this month.
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February 01, 2018, 12:26:08 AM
 #19

Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?

We had tons of great news.
Square opening Bitcoin selling to more users.
Robinhood going crypto.
Samsung entering the mining space in building ASICS.
Japanese Line going to build a crypto exchange.
Canada becoming a mining hub. South Korea announcing there will be no crypto trading ban.
Bittrex announced altcoin/usd pairings coming soon. No Tether anymore needed.
Lightning Network development speeding up and so much more.
The fundamentals are looking really great.
Forget about the mainstream media who publish lots of nonsense and fake news.

Im not sure about the Samsung news. Is Samsung going to really compete against Bitmain with their own ASIC gigs? it sounded to me like they will only design chips, or fund other mining projects, but will not design their own purchaseable full mining machines, they will sell chips to other companies I think... correct me if im wrong.

But yes, lightning network news and proof that it's real and working should be enough to make BTC go $100,000+. People selling are simply fucking insane and a bunch of clueless idiots that got into the space not knowing anything about it. They will be the same that FOMO back to it.
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February 01, 2018, 12:41:30 AM
 #20

The good news is bitcoin has crashed and now we can return to non-silly valuation. I'd be happy to see a fall to $6k, then no growth for a year. That would help our cause. Not your "cause" of getting rich. Our cause of disrupting banking.

I'm sorry to tell you that the speculation part of this forum may not be the right place for this  Grin
In the end I agree with you though.
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