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Showing 20 of 43 results by AlutBitcoin
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Board Altcoin Discussion
Re: What makes you sure about next year?
by
AlutBitcoin
on 11/12/2018, 08:32:52 UTC
Yes the hope may help them to keep patience but along with that a number of people and companies are doing their struggle to give a good future to Bitcoin and its technology so seeing the results of that struggle we are sure that 2019 will bring good time.
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Topic
Board Altcoin Discussion
Re: Many projects are dead?
by
AlutBitcoin
on 30/11/2018, 05:20:10 UTC
Due to the current market conditions, team members are losing hope as well and the problem is that nobody is working hard on their product release. The industry will die, if we would not see a lot of working products in the upcoming years.
If the team members will lose hope then what the investors and community will do with that project. It is important for the success of a project that the team members do not lose heart and they work hard for the project and they have to know that in the future the market will give a great success to their project.
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Topic
Board Altcoin Discussion
Re: Wallet that you trust?
by
AlutBitcoin
on 28/11/2018, 08:00:51 UTC
I think there is nothing better then blockchain.com, I wouldn't trust a bitcoin core wallet on my own computer as much as I trust blockchain.com. They have the best track record and they have never caused any trouble ever and they have been around for years (back in the day it was blockchain.info for years) and they have been going incredibly strong for the past years.

They did get some funding for some reason that I do not know but I think they wanted to get bigger and get the .com domain as well (probably where almost all the funding went Cheesy ) and improving their graphics as well. You can use it as a wallet or directly check the chain and when the money is coming or going from a wallet easily. I use it constantly because I need 6 confirmations until my exchange accepts the money and use blockchain.com in order to see how many confirmations. The best wallet ever.
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Topic
Board Economics
Re: blockchain and voting
by
AlutBitcoin
on 24/11/2018, 09:25:22 UTC
Voting system are some of the use cases of blockchain and some other countries already using this technology and recently in Thailand an opposition party holds primary election on a blockchain backed by the Zcoin  team. So there is no doubt that the new voting system for national election is powered by blockchain technology.
I am following blockchain from a time, but this aspect is totally new for me. I really didn’t know abut this application of Blockchain. This is really a startling action taken and it will help this to grow.
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Topic
Board Economics
Re: Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time 2018
by
AlutBitcoin
on 24/11/2018, 06:06:49 UTC
Don't be too pessimistic, the cryptocurrency market is still immature. The decline at this time is related to the competition between the two major mines. When the war subsides, the cryptocurrency will gradually rise. This is the best way for investors to wait patiently.
So much to come and much to go. Bitcoin is in its starting phase. Notwithstanding the nine years it has passed, still it has just started as compared to other developed currencies of different countries.
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Topic
Board Economics
Re: If the government supports bitcoin instead of the existing currency.
by
AlutBitcoin
on 24/11/2018, 05:06:22 UTC
it's not going to happen, because goverment does not support good things Grin
Who knows the government might feel the dire need to implement a system and a technology like Bitcoin without which her survival might not be possible. So If there were good outcomes of the cryptocurrency in the coming financial crisis, government might think seriously about it in future.
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Topic
Board Trading Discussion
Re: Where next? Up or down!
by
AlutBitcoin
on 22/11/2018, 09:45:25 UTC
The market is dropping big now. But i have always high hopes that the market will still recover soon. If the market did not recover this year. Next year will be the year of cryptocurrency.
Exactly. Keeping your hopes high, this is only solution to be survive in bitcoin world. Because when you are trader and things are going quite against your planning, so there this hope thing much needed.
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Topic
Board Economics
Re: Money laundering tools
by
AlutBitcoin
on 22/11/2018, 06:26:20 UTC
it looks like bitcoin and other cryptocurrency can be a money laundering tool because in some countries the rules for using cryptocurrency are not too clear and when assets are sent to cryptocurrency wallets, there can be money laundering.
I think this is not the reason why those countries have still not recognized fiat. I believe that it is not easy to do o in the type of government where there is fare and just accountability like China and there is literally no concept of making money by entering the government. So regardless of how much personal space Bitcoin offers, it is not possible in the presence of an audit system having great history for the accountability.
It is inefficiency of the system that misuse of power and corruption is spread around the world particularly in the under developed countries. If we formulate good policies and strict laws, we would be able to eradicate corruption.
For best eradication of corruption from our systems, bitcoin can be a good tool. Reason is, it is all about transparency and accountability. So political people couldn’t take any unlawful advantage.
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Topic
Board Trading Discussion
Re: Trading tension about Ethereum
by
AlutBitcoin
on 21/11/2018, 10:05:04 UTC
No need to worry bro it is a temporary change in cryptocurrency ETH has decent potential and very promising coin in the coin market. It will get back again to its previous rank and hopefully, the market will dramatically change within a few days.
Actually ETH had been down for some time now and the depreciation in the value has been very intense as a result of which it is not so much easy to get recovered. So there is a tension in holding ETH because an investor needs return but ETH has been down for long.
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Topic
Board Trading Discussion
Re: Want to learn crypto trading
by
AlutBitcoin
on 20/11/2018, 09:21:23 UTC
Trading is a game and that means you need experting and skills including commitment to remain successful.  I believe that we are at the time in the history of humanity when you can access information on how to do almost everything free of charge and like wise to trading all information you are looking for can be gotten for free on the internet.
Internet helps a lot now in getting information, but we should not trust all information by only reading we should see it by ourselves if we will be able to know were their right choice to do.
Not only the search engines but even forums like this one is a great platform for the newbie to absorb knowledge and learns to earn. The globalization-that is a result of internet-has made things quite easier.
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Topic
Board Economics
Re: How the Bank works to make money?
by
AlutBitcoin
on 20/11/2018, 07:44:42 UTC
the bank will borrow money from the world bank to repay the country's debt, and then there will be a exchange to the local currency for circulation to the public by printing.
That process of making money by the bank is called the credit creation and this is done by the process of advancing the money as loans that have been deposited with them by the costumers using banking services.
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Topic
Board Economics
Re: Four Global Banks Involved In Yet Another Money Laundering Scheme
by
AlutBitcoin
on 19/11/2018, 10:48:51 UTC
To be honest I didn't hear about this case but I am not surprised. Banks and bankers have often been involved in many scandals like other users before me pointed out, and wherever there is a lot of money there is always a possibility of fraud. Another reason why the blockchain is such a revolution. Imagine if in 10-20 years banks were using a blockchain. A public, verifiable ledger and we could all see the movement of their money. I would be interested to see who has the guts to send/invest it somewhere where it is not supposed to go?!   
I think it is not even a shocking news that a bank made something that would yield them a profit. Banks do not care about the legal works, they try to find as many loopholes as possible. I mean think about it this way, if there is a coin that has a volume of 4 thousand dollars, how easy would it be to change the price? You can spend over 10 thousand dollars and decide the direction it will go.

However if a coin has 10 billion dollars in volume, it would require a lot of money to even shake it. Which means banks who have billions of dollars in their funds need to find ways to make profit and that ways are not always legal, their shareholders are expecting profits all the time, every single quarter they have to be better than the previous one. That makes them search illegal stuff like money laundering. The system is really crooked.
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Topic
Board Trading Discussion
Re: Daily trade Vs long trade
by
AlutBitcoin
on 19/11/2018, 07:28:11 UTC
I will suggest you to trade for long term. It is much safe and risk free. On the other hand, day trading is not a easy it requires lot of experience is needed on day trading. It is much risky
Yes you’re very right. Long term is the best for those who have no experience. He should get started with long term trading and by the time he gets a lot better with that, he can then consider doing short term trading sometimes. Within a short time he will just become an expert in it. Long term is the best to start with.
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Topic
Board Economics
Re: Diversify Investments
by
AlutBitcoin
on 17/11/2018, 07:44:53 UTC
divide your capital into several buy with varying prices. This method seems more complicated, but can avoid you from fatal losses. avoid being overly ambitious, just profit-oriented. Research and update your information and knowledge continuously. Don't be too emotional and stay focused on what you are going through.
When you diversify, you actually increase the chance to make more money by saving more money. This is very simple way to get the maximum output of your investment in long run.
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Topic
Board Economics
Re: China declared crypto airdrop illegal.
by
AlutBitcoin
on 17/11/2018, 06:53:08 UTC
In my opinion, i think their government just controlling the investors not to invest too much on crypto. They were afraid for investors not to invest for the benefits of their government.
Well till today, I have always been reading that governments are striving to invest in bitcoin now because they know the future is all about bitcoin. Then how country like China is doing all this?
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Board Trading Discussion
Re: Where next? Up or down!
by
AlutBitcoin
on 16/11/2018, 08:06:25 UTC
maybe down is still a trend now, there is no sign of a trend to increase because now the market is in a low position and it cannot be used as a benchmark for price increases. so just hope that by the end of December this could be an increase like last 2017.
I believe that the market is not going to decline anymore and will rather rise in future as there have been great speculations about it lately and will in addition get boomed if the good investors invest big.
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Topic
Board Economics
Re: Which industries don't need blockchain?
by
AlutBitcoin
on 16/11/2018, 06:49:10 UTC
It is fair to think that blockchain technology has outgrown its initial ambitions. However, its scope is larger than originally imagined. It may not be for all and sundry but it will useful for almost every industry especially where payments are concerned. Then you have stuff like; identity management, decentralized apps, simplifying the internet of things, making smarter predictions, streamlining supply chains, etc. The list is endless and applicable to different facets of morden life.
Some industries already have put their interest in it. Some are trying to adopt it, and some are just not considered it worthy. They all need to be updated and briefed about positive points.
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Topic
Board Altcoin Discussion
Re: Invest in a new ICO.
by
AlutBitcoin
on 16/11/2018, 05:16:20 UTC
I think until now there hasn't been a good ico. if according to you there is a good ico you can tell me. now it's a bit afraid to invest in ico because it's not profitable.
Actually ICO is not so risky if we can distinguish which ICO is good and which is bad by doing research starting from white paper, the website, then the team and so on. From there later when you have been able to research the ICO project well, I am sure in the future the risk will not occur and can be minimized. I am very sure of that.
The ICO is quite risky at present, because there are so many poor quality ICO projects and I find that the current practice of some potential ICO projects, but after the exchange, the tokens prices are always down. That is the characteristic of the market today, so we can hardly earn income from this market.
That’s normally what happens every time there is a decrease in the market, but that doesn’t mean that you won’t benefit from investing your money in ICO, there are many people who have been benefitting from it since this year and they are still gaining till today. The main focus of investors this year seems to be more on ICO.
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Topic
Board Economics
Re: blockchain and voting
by
AlutBitcoin
on 15/11/2018, 11:08:57 UTC
Blockchain technology opens up many applications for different fields. We can see that technology helps a lot of fields such as education, culture, education ...
Considering voting couldn't be really corrupted with blockchain than it wouldn't really validate any reason for politicians to use. All politicians all around the world would prefer the crooked system we have right now and try to move that to any direction they feel would benefit them the most, without politicians taking advantage of the loopholes the politics will have to become more legit and honest which is not how politicians work.

That is why I honestly feel like even tho blockchain and voting would have been the perfect combo and would make all voting all around the world amazing it still wouldn't be enough to convince politicians and even the people who support the winning parties would want it, they prefer to bully and cheat their way to the top.
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Topic
Board Altcoin Discussion
Re: We can’t trust anyone!
by
AlutBitcoin
on 14/11/2018, 12:21:23 UTC
Hey guys. Remember, in crypto sphere we can’t trust anyone! ICO rating sites are lying to us, you have to do YOUR OWN RESEARCH always! Remember this, and don’t let yourself be scammed!
Yes, it’s not good to trust just one site alone, you need to make research on various sites to know when you’re making the right or wrong choice. Some of the sites today are being paid to post good ratings for an ICO and at last you will find out it is something else and not what you expected it to be. So make proper research