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The cryptocurrency space has been discouraging for a while now and there's a possibility for people to want to walk away from the industry. Some persons made substantial investment in purchasing altcoin whose value has greatly reduced and the thought of everything could make one want to loose hope. I'm of the opinion that making profits should not be our only goal in the industry but learning and contributing to its growth should be our focus. There's always light at the end of the tunnel and we would get there very soon. Let's be patient for a little more while, no matter how long the night lasts, the morning will surely come. Don't give up yet.
well, I agree with you. because it's true that all businesses have a profit and loss when we lose, don't give up easily, keep on trying we will succeed in the future. And maybe now many are leaving Altcoin to Bitcoin, which is now back in price but not just profit and profit, but we must be able to absorb whatever knowledge enters us because there is a saying that "science is more expensive than money" And it is true that if we only profit without gaining knowledge, we cannot teach our children or grandchildren later, because money will run out and science will not run out.Re: More formal blockchain education needed in the Philippines
I think education is good idea so many people learn about Cryptocurrency not only in the Philippines but also to some country that developing their country. More knowledge and learning about crypto will be good for every body so we can face anything will happen in crypto and also they can manage what they have in crypto.
I agree with you that it is better to have education so that it is clear that everything is not only known because on the internet. And of course when there is education everything is easily obtained easily without looking at various sources. like this that must be copied by other countries to make it easier for someone to explore crypto.The hyped in 2017 cause bitcoin and others cryptocurrencies to surged toward the end of the year and complete crashed back to the bottom in December 2018. Did people really know what they are investing in? Is a question that keeps ringing in my mind and actually the answer to that question is that people follow the hype and forgot to checked for reality before investing and this come from the testimony of those that has claim of making big profits or gain from the past surge that came into the cryptocurrencies market.
I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
if I myself understand more about bitcoin if the other people don't understand, it seems like one day my bitcoin investment, for example, the price goes up and down, it's normal because the name of buying and selling is definitely market dependent. But all smart smart we just manage it right or not.I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.
I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.
First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.
The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.
There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.
Let's support Bitcoin...
in my opinion the most important factor is that the price of bitcoin cannot be stable at least slightly up and down so people who want to invest are also not afraid to lose if the price is stable. and I hope more and more countries will allow bitcoin as a payment tool and simplify requirements.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.
First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.
The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.
There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.
Let's support Bitcoin...
And it is expected that many who support bitcoin will be more advanced.
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
we also have to introduce bitcoin to those who don't know whether they still don't believe in making them explore bitcoin so they believe and moreover if they get profit, they will be more trusting. And it is expected that there are also many shop stores that accept bitcoin so people who see and ask about bitcoin and at that time we explain.Even online, there are only a few stores who are accepting it as payment.
After the recent economic crisis that started in 2008 with the fall of Lehman Brothers I understood that money is a tool for politicians.
They use it in order to cover their own bad political decisions and manipulate the crowd's opinion. They don't care about the cases that they create with regulations and other decisions that affect the society.
This is the reason why fiat is a scam and why this bubble is going to blow in the next years with a more disastrous crisis than the latest one.
They use it in order to cover their own bad political decisions and manipulate the crowd's opinion. They don't care about the cases that they create with regulations and other decisions that affect the society.
This is the reason why fiat is a scam and why this bubble is going to blow in the next years with a more disastrous crisis than the latest one.
Money has always been and always will be connected with politics. As well as banks are always connected with governments. But maybe the worst thing is that everyone seams to get used to that. Crisis appear in regular cycles, obviously they can't be avoided anymore and the only question is how heavy they will strike. That is why cryptocurrencies need to offer some kind of alternative and solution.
some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace.
How can we solve it? and what is the good advice that you can help in this problem.
maybe the reason we are bankrupt or underdeveloped because we are less observant when investing and selling it we must better understand which ones are profitable and harmful even lied to, and we must be smart when selling when our price increases are supposed to sell for profit and when prices go down we buy as much for investation.How can we solve it? and what is the good advice that you can help in this problem.
We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.
https://i.imgur.com/pgqaTer.jpg
because a good economy certainly has a population that has good technology so that easily accessing bitcoin is different from a bad economy, of course some people can easily access bitcoin, maybe they don't know what bitcoin is. We have to help introduce what bitcoin is for people who don't know and let them benefit.So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.
https://i.imgur.com/pgqaTer.jpg
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
It is true that controlling the market is ourselves, there is a time above and there is a time below. maybe if the crypto market is controlled by the agency it won't work because the CRPTO has a lot of money and bitcoin is high value money and I hope bitcoin is always good because there are many people who depend on it.Re: Bitcoin is urgent. Argentina is printing free money too
Print more free money can cause of their own currency to reduce its value. We may not notice many of the countries today are doing that especially Venezuela, Bitcoin can be the best solution in this problem because government can't control it and it can be their digital assets.
I agree with you, maybe if more money is printed, it will damage the currency itself and surely the price will go down. maybe it's really a way to save the bank by using bitcin because of bitcoin digital, it doesn't require requirements and has no effect on its own currency. Now there are also many who are drowning in bitcoin and over time, more and more people are exploring bitcoin and there is no longer the term free money printing.Any suggestion for things that we could invest and make money at the same time
I'm sure if I'm right but the thing that you are asking for isn't as simple as it sound like finding a good investment for you money that thing is rare. Things that you could invest in and potentially make money out of it at the same time you say might be investing in BTC while it is not harbouring a huge price, but in the future it will manage somehow just like in the past I think.[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
I also think that real money is being eroded due to the increasing use of virtual money and increasing forms of virtual money. Indeed, nowadays people have been facilitated with the internet, maybe all we can access using the internet, but we also have to know the limits of internet usage and sorry for those who cannot access the internet because it will be outdated.Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
in my opinion it's not possible because now only a lot of people have bitcoin. From the list of crypto money and also bitcoin at the top, maybe the price isn't stable, but there will be continuous improvements to make it better. And if for example bitcoin is not valuable, it will also affect other money to get the impact.I hear it all the time. Bitcoin/crypto is alternative to fiat. And almost every token philosophy is based on this premise.
The question: can cryptocurrency beat legacy financial institutions to the point of replacing them?
... Thought as much... The much lauded JPMCoin was all noise and no substance. But can an accident happen to make legacy institutions catch up to the decentralized world?
I think it can beat the bank because we can know that BTC has become a world scale not just one country especially if more people work in the field of bitcoin, then the more that saves money in bitcoin but banks with bitcoin are also different, bitcoin in real digital bank so we can use both at once.The question: can cryptocurrency beat legacy financial institutions to the point of replacing them?
... Thought as much... The much lauded JPMCoin was all noise and no substance. But can an accident happen to make legacy institutions catch up to the decentralized world?
Top 10 Reasons Why Bitcoin Is Falling Down
https://[Suspicious link removed]day/top-10-reasons-why-bitcoin-is-falling-down
-The frontloaded success of cryptocurrency mining
-Regulatory roadblocks
-FOMO turned into FUD
-Rampant market manipulations
-No institutional money
-The Blockchain over Bitcoin narrative
-News about the recent stock market crash
-US investors avoiding paying capital gain taxes
-Mainstream media coverage
-Will the BTC price recover?
I am sure that BTC will recover because BTC will definitely work because they are also now repairing the system so that the BTC does not fall easily. For news of the recent stock market crash, it might be deceptive and we must be smart to choose which news is real and fake. Don't be easy if you don't know the truth.https://[Suspicious link removed]day/top-10-reasons-why-bitcoin-is-falling-down
-The frontloaded success of cryptocurrency mining
-Regulatory roadblocks
-FOMO turned into FUD
-Rampant market manipulations
-No institutional money
-The Blockchain over Bitcoin narrative
-News about the recent stock market crash
-US investors avoiding paying capital gain taxes
-Mainstream media coverage
-Will the BTC price recover?
Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.
In my opinion, anyone can adopt it and I strongly agree that poor countries will convert it because they can make these countries better than before.Is it going to start in the USA with their SEC and ETF and everything?
Discuss.
And maybe the SEC and ETF will start in the US or take a long time. moreover, we have used technology, maybe we will be faster than the US.
Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
I myself agree because nowadays it's also the digital era so we also can't avoid it. if cryptocurrency is good future money, then those who work are not difficult to use and we will also be facilitated, but of course it is not easy to realize because each country must have its own regulations so that it can take a long time.https://i.imgur.com/1FEjh22.jpg
This graphic reflects where the technology we have now come from in our homes, computers, networks, Internet, smartphones, virtual currencies, exchanges, to get here, many people have contributed their knowledge to the technological evolution we have today.
Some of them are very well known in Bitcointalk, thanks to all of them.
I have ordered the appointments chronologically with a link to the corresponding information:
- 1974 Robert E. Kahn / Vint Cerf TCP/IP = Internet
https://en.wikipedia.org/wiki/Internet_protocol_suite
- 1976 Whitfield Diffie / Martin Hellman / New Directions in Cryptography
https://ee.stanford.edu/~hellman/publications/24.pdf
- 1978 RSA Public Key Cryptosystem
https://en.wikipedia.org/wiki/RSA_(cryptosystem)
- 1980 Ralph Merkle Protocols Cryptosystems
http://www.merkle.com/papers/Protocols.pdf
- 1981 David Chaum Untraceable Electronic Mail, Return Addresses
https://en.wikipedia.org/wiki/David_Chaum
- 1982 Murray Rothbard The Ethics of Liberty
https://en.wikipedia.org/wiki/Murray_Rothbard
- 1983 David Chaum Blind Signatures
https://sceweb.sce.uhcl.edu/yang/teaching/csci5234WebSecurityFall2011/Chaum-blind-signatures.PDF
- 1985 Elliptic Curve Cryptography
https://en.wikipedia.org/wiki/Elliptic-curve_cryptography
- 1988 Timothy C. May The Crypto Anarchist Manifesto
https://www.activism.net/cypherpunk/crypto-anarchy.html
- 1989 David Chauman DigiCash
https://en.wikipedia.org/wiki/DigiCash
- 1991 Phil Zimmermann
https://en.wikipedia.org/wiki/Phil_Zimmermann
- 1991 Haber / Stornetta How to Time-Stamp a Digital Document
https://link.springer.com/article/10.1007/BF00196791
- 1992 / 1993 Eric Hugues A Cyperherpunk's Manifesto
https://bitcointalk.org/index.php?topic=178336.msg49471136#msg49471136
- 1992 Cypherpunk Founded
https://en.wikipedia.org/wiki/Cypherpunk
- 1994 CyberCash
https://en.wikipedia.org/wiki/CyberCash
- 1994 Timothy C. May
https://nakamotoinstitute.org/static/docs/cyphernomicon.txt
- 1996 E-Gold
https://en.wikipedia.org/wiki/E-gold
- 1996 NSA How To Make A Mint
http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
- 1997 Adam Back HashCash
https://en.wikipedia.org/wiki/Adam_Back
- 1997 Nick Szabo Formalizing and Securing Relationships on Public Networks
https://ojphi.org/ojs/index.php/fm/article/view/548/469
- 1998 Nick Szabo Secure Property Titles with Owner Authority
https://nakamotoinstitute.org/secure-property-titles/
- 1998 Bit Gold
https://en.wikipedia.org/wiki/Nick_Szabo
- 1998 Wei Dai B-Money
https://en.bitcoin.it/wiki/B-money
- 1999 Dot Com Bubble
https://en.wikipedia.org/wiki/Dot-com_bubble
- 2001 Bram Cohen BitTorrent
https://en.wikipedia.org/wiki/Bram_Cohen
- 2001 Distributed Hash Tables
https://en.wikipedia.org/wiki/Distributed_hash_table
- 2004 Hal Finney / Reusable Proofs of Work
https://nakamotoinstitute.org/finney/rpow/index.html
- 2008 Satoshi Nakamoto / A Peer to Peer Electronic Cash System
https://bitcoin.org/bitcoin.pdf
- 2009 Bitcoin Launched Chancellor on brink of second bailout for banks
https://en.bitcoin.it/wiki/Genesis_block
Source image:
https://twitter.com/bitcoinje/status/1091672330277961728
In my opinion, this is a very good topic because so many people know the history of bitcoin which is not known before and must be very necessary when asked what the history of bitcoin is. And in my opinion it was added from another perspective and given how much the unit costs each year.
This graphic reflects where the technology we have now come from in our homes, computers, networks, Internet, smartphones, virtual currencies, exchanges, to get here, many people have contributed their knowledge to the technological evolution we have today.
Some of them are very well known in Bitcointalk, thanks to all of them.
I have ordered the appointments chronologically with a link to the corresponding information:
- 1974 Robert E. Kahn / Vint Cerf TCP/IP = Internet
https://en.wikipedia.org/wiki/Internet_protocol_suite
- 1976 Whitfield Diffie / Martin Hellman / New Directions in Cryptography
https://ee.stanford.edu/~hellman/publications/24.pdf
- 1978 RSA Public Key Cryptosystem
https://en.wikipedia.org/wiki/RSA_(cryptosystem)
- 1980 Ralph Merkle Protocols Cryptosystems
http://www.merkle.com/papers/Protocols.pdf
- 1981 David Chaum Untraceable Electronic Mail, Return Addresses
https://en.wikipedia.org/wiki/David_Chaum
- 1982 Murray Rothbard The Ethics of Liberty
https://en.wikipedia.org/wiki/Murray_Rothbard
- 1983 David Chaum Blind Signatures
https://sceweb.sce.uhcl.edu/yang/teaching/csci5234WebSecurityFall2011/Chaum-blind-signatures.PDF
- 1985 Elliptic Curve Cryptography
https://en.wikipedia.org/wiki/Elliptic-curve_cryptography
- 1988 Timothy C. May The Crypto Anarchist Manifesto
https://www.activism.net/cypherpunk/crypto-anarchy.html
- 1989 David Chauman DigiCash
https://en.wikipedia.org/wiki/DigiCash
- 1991 Phil Zimmermann
https://en.wikipedia.org/wiki/Phil_Zimmermann
- 1991 Haber / Stornetta How to Time-Stamp a Digital Document
https://link.springer.com/article/10.1007/BF00196791
- 1992 / 1993 Eric Hugues A Cyperherpunk's Manifesto
https://bitcointalk.org/index.php?topic=178336.msg49471136#msg49471136
- 1992 Cypherpunk Founded
https://en.wikipedia.org/wiki/Cypherpunk
- 1994 CyberCash
https://en.wikipedia.org/wiki/CyberCash
- 1994 Timothy C. May
https://nakamotoinstitute.org/static/docs/cyphernomicon.txt
- 1996 E-Gold
https://en.wikipedia.org/wiki/E-gold
- 1996 NSA How To Make A Mint
http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
- 1997 Adam Back HashCash
https://en.wikipedia.org/wiki/Adam_Back
- 1997 Nick Szabo Formalizing and Securing Relationships on Public Networks
https://ojphi.org/ojs/index.php/fm/article/view/548/469
- 1998 Nick Szabo Secure Property Titles with Owner Authority
https://nakamotoinstitute.org/secure-property-titles/
- 1998 Bit Gold
https://en.wikipedia.org/wiki/Nick_Szabo
- 1998 Wei Dai B-Money
https://en.bitcoin.it/wiki/B-money
- 1999 Dot Com Bubble
https://en.wikipedia.org/wiki/Dot-com_bubble
- 2001 Bram Cohen BitTorrent
https://en.wikipedia.org/wiki/Bram_Cohen
- 2001 Distributed Hash Tables
https://en.wikipedia.org/wiki/Distributed_hash_table
- 2004 Hal Finney / Reusable Proofs of Work
https://nakamotoinstitute.org/finney/rpow/index.html
- 2008 Satoshi Nakamoto / A Peer to Peer Electronic Cash System
https://bitcoin.org/bitcoin.pdf
- 2009 Bitcoin Launched Chancellor on brink of second bailout for banks
https://en.bitcoin.it/wiki/Genesis_block
Source image:
https://twitter.com/bitcoinje/status/1091672330277961728
Looking back at 2017 and 2018, one thing became clear and that is the never die attitude of the true Bitcoin investor/user. We are as stubborn and tough as a Honey Badger and we fight to the bitter end.
Ask yourself if any other disruptive technology like Bitcoin would have survived this long, bearing in mind that we are being attacked and challenged from all sides.
We took these challenges like scaling and we ran with it and our developers came up with a novel solution and now we are getting back up and running with that.
Let's wake the Honey Badger within us and continue the fight to Bitcoin to Mars!
Ask yourself if any other disruptive technology like Bitcoin would have survived this long, bearing in mind that we are being attacked and challenged from all sides.
We took these challenges like scaling and we ran with it and our developers came up with a novel solution and now we are getting back up and running with that.
Let's wake the Honey Badger within us and continue the fight to Bitcoin to Mars!
Will all these developments and the good news we are on our way to the moon, we are moving slowly, just enough to have the feeling and the sentiments that we are finally moving from Bear trend to bull run, I hope it's a smooth shift and no bad news or hacking exchange that will happen as we go to the moon.
And I'm sure bitcoin will be better in the future.
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
I'm also like you. I'm also confused about what the money is, they only know the money they have now and when I explain they don't believe and they consider it gambling. right when I met my friend, they first did not believe and were afraid of losing but as time went on they got results and at that time they began to believe.