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Showing 20 of 280 results by Cynooza
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Topic
Board Economics
Re: What happens when there is NO electricity? How does one trade with BTC?
by
Cynooza
on 30/06/2018, 18:52:45 UTC
Most likely, people return to the sound money such as gold and silver which existed for milleniums. Without electricity and the Internet btc simply won't exist.
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Topic
Board Economics
Re: Why is the capitalization of similar cryptocurrency projects very different?
by
Cynooza
on 30/06/2018, 18:47:51 UTC
I think it's all about marketing. Most people don't base their decicions on pure utility of one or another coin, but rather they evaluate the way this coin is presented. That subjectivity creates the difference in popularity and capitalization.
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Board Speculation
Re: How long will the bear market last?
by
Cynooza
on 30/06/2018, 18:41:03 UTC
The most common opinion currently states that we have just passed the year's bottom and are now on the way to recovery. Hopefully, that rising postive spirit will become a self-fulfilling prophecy.
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Topic
Board Economics
Re: Why we must study Economics at University?
by
Cynooza
on 30/06/2018, 18:33:45 UTC
The point is that there are different economic movements and they may vary from university to university. Currently, modern economics is divided into mainstream and mainline. Mainstream economics has a more mathematical approach and encourages governmental interventions into the economy, while mainline is pro laissez-faire and agaist interventions. So which would you like to see taught?
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Board Beginners & Help
Re: The anonymous structure of the blockchain technology encourages crime?
by
Cynooza
on 30/06/2018, 18:28:46 UTC
Bitcoin is just a tool which can be used for different causes. Therefore, it cannot encourage people for doing anything. People launder money because they don't want to pay coerced taxes, war in drugs doesn't work. So are these things really crimes?
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Board Bitcoin Discussion
Re: Facebook reverses ban on cryptocurrency ads
by
Cynooza
on 30/06/2018, 18:21:07 UTC
I guess a lot of investors pervceived that ban as Facebook neglecting the whole crypto sphere which resulted in that 5% dip of Facebook share price. I still hope that Telegram will be the first to fully integrate crypto into their messenger.
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Topic
Board Beginners & Help
Re: Can a blackchain system be destroyed?
by
Cynooza
on 30/06/2018, 14:16:29 UTC
You can only attempt to destroy a coin reputationally or make mining unattractive or inprofitable or gain over half of total mining powers for a 51% attack, but basically an active blockchain is more or less indestructible.
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Topic
Board Tokens (Altcoins)
Re: ◄💠►ANN◄►ICO►🔵🔵SPOTCOIN🔵🔵【Bounty】💠✅51% Dividend🔥NEO🔥
by
Cynooza
on 23/06/2018, 15:49:13 UTC
Spotcoin's CEO Tim Gick is in the US setting new partnerships. Hope, that will be something huge and will give the crowdsale a new boost!
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Topic
Board Altcoin Discussion
Re: Where do you find interesting ICO ?
by
Cynooza
on 23/06/2018, 15:19:46 UTC
As far as I participate in bounties from time to time, I have noticed a few bounty managers who usually support only quality projects. For instance g0blin.com works with top-notch NEO-based ICOs. Spotcoin (https://www.spotcoin.com/) is one of those. That's going to be a comprehensive platform for making crypto/fiat operations more accessible for regular people.
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Board Altcoin Discussion
Re: Winner of this year, ETH or BTC?
by
Cynooza
on 23/06/2018, 14:59:31 UTC
So far bitcoin has weathered the bloodbath a bit better than ETH which shows that most of investors still deem it a best asset for securing their funds.
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Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
Cynooza
on 23/06/2018, 14:36:43 UTC
That volatility cuts off those who came to bitcoin for wrong reasons. Therefore, I prefer treating these dips as a cleansing process.
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Topic
Board Economics
Re: Protectionism and Cryptocurrency: how do protectionist policies influence crypto
by
Cynooza
on 23/06/2018, 14:27:24 UTC
Protectionism is always a negative thing and every society that practices it inevitably suffers economically. The only positive thing I can see for crypto here is a chance that more businesses will start using crypto in order to evade taxes and alleviate the harm from tariffs.
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Topic
Board Economics
Re: How to regulate crypto?
by
Cynooza
on 23/06/2018, 14:05:14 UTC
I don't think crypto should be regulated at all. Finally, we have a tool that can make these regulations, tariffs and taxes obsolete and expose how useless and harmful they are.
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Topic
Board Altcoin Discussion
Re: How it works?
by
Cynooza
on 23/06/2018, 13:42:20 UTC
Early investors buy tokens at a price much lower than during the ICO. For that reason they can afford dropping coin's rate below the ICO level. Nevertheless, now the reason for that fall is the general depression on the market.
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Topic
Board Altcoin Discussion
Re: Drop of over $500 on the price of a bitcoin last 24 hours
by
Cynooza
on 23/06/2018, 13:15:05 UTC
Is world cup this year can affect Bitcoin or cryptocurrency price? I know Bitcoin price is still unstable which I thought that a few days ago was the cheapest price but my speculation was wrong.

I don't think World Cup has anything to do with it. Yes, it steals a fair share of attention from crypto, but in terms of money flow it doens't affect crypto.
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Board Altcoin Discussion
Re: how the fate of the project and ico in the future?
by
Cynooza
on 22/06/2018, 23:02:43 UTC
It's much more likely that instead of giving up people will just start developing mechanisms aimed at making ICOs more transparent and easier to detect scam at early stages. Moreover, that sphere of scam alerts and ICO evaluation can also be monetized.
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Board Altcoin Discussion
Re: WHO IS HARMING WHO?
by
Cynooza
on 22/06/2018, 22:59:34 UTC
I think such price dumps are only possible when ICOs calculate the proportion of bounty unwisely. For instance, some ICOs don't shrink pools if they don't hit the hardcap which results in too many tokens allocated to bounty hunters most of whom are eager to fix their profit.
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Topic
Board Service Discussion (Altcoins)
Re: Decentralized Exchange VS Centralized Exchange.
by
Cynooza
on 22/06/2018, 22:55:40 UTC
I prefer decentralized exchanges. If you take all safety measures, the chance of having your funds stolen is pretty low. While centralized ones regularly get hacked and funds get stolen.
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Topic
Board Speculation (Altcoins)
Re: Right time to buy cryptos ?
by
Cynooza
on 22/06/2018, 22:52:16 UTC
If I had some spare fiat I would definitely buy. Maybe it's not the year's minimum yet, but it's very close. It's not likely whales will let it fall much lower.
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Topic
Board Economics
Re: Russian bank helps Venezuela defy US cryptocurrency sanctions
by
Cynooza
on 22/06/2018, 22:49:07 UTC
It seems the only thing that can help Venezuela is ovethrowing of their current government. These are not US sanctions killing the country, but completely incompetent socialist government.