Re: bitcoin the survival of the fittest

Quote from: chaoscoinz on January 18, 2019, 02:13:14 PM

Bitcoin is just getting started I'm afraid. The blockchain economy will thrive once regulation is made clear, there is already a United States bill proposal which argues that all cryptocurrencies should be seen as asset properties and not as securities. The SEC regulation of 1933 is outdated and needs to be updated. This proposal already has Democrats and Republicans joining forces to make it happen.

https://cointelegraph.com/news/us-new-legislation-proposes-to-exclude-crypto-from-securities-laws]

If the 2nd bill which addresses price manipulation is passed, I'm almost certain the ETF proposals will pass with flying colors. Exciting times to be in this year. The Bull is coming soon, just wait and see.

https://www.coindesk.com/us-congressmen-introduce-two-bills-to-prevent-crypto-price-manipulation

SEC may be the one going to get forgotten, about crypto economy, Im very positive SEC which just want to regulate everything would have no place in future which oppose any regulation. Are they going to impact the crypto?

Quote from: Indamuck on January 18, 2019, 02:22:42 PM

Quote from: Ava Duvall on January 18, 2019, 01:27:23 PM

Quote from: Broly46 on January 18, 2019, 08:45:43 AM

Umm.. recently a Bitcoin Cash Developer caught a inflation bug that was in Bitcoin, that could of spelled disaster for BTC. Bitcoin is the best option we have at the moment but it is far from indestructible.

If you recommend it to friends they will be mad if they lose money but they will probably be even more angry if you kept bitcoin a secret and they missed big gains.

I dont know how many bugs they havent discovered, but I dont know if the hodlers would care anymore, the bitcoin has became a good place to hide their wealth, after all banks no longer safe to use anymore, I had seen more banking hacks recently, and constantly worrying my fund in the bank got disappeared into the thin air.

Quote from: electronicash on January 18, 2019, 02:47:06 PM

If they can truly destroy it, they would have done it long before the price goes more than $100. Blockchain technology has offered more than the current system which is why Bitcoin becomes popular that they can't get it killed anymore. Its a simple store of value but BTC is just the first to come in mind when we talk of cryptocurrency because merchants accepts BTC.

Wide adoption are one key feature for bitcoin, the other being this world no longer has a good place to hide our wealth, no bank are safe anymore, our wealth will be confiscated by force.

Quote from: goaldigger on January 18, 2019, 03:03:49 PM

Huge organizations has a lot of connections that we didnt know exists. Its like what ive watched yestesrday where car companies and oil companies have connection. Cars feeds gas higher than what it needs and thats the power of money. These similar big companies who has poked by Bitcoin attempted to break it down but it remains stable till now.

They are definitely connected, what is more terrifying are most of them are invisible to anyone, theyre just connection to individual investor, all over the world, the invisible global capitalism, and no one can draw the complete picture to how it work.