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Showing 12 of 12 results by HayaH
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Board Bitcoin Discussion
Re: Nobody Buying Cryptocurrency :(
by
HayaH
on 20/11/2018, 21:35:34 UTC
Pheww sigh I can't believe there is still more selling than buying at these price levels.  What is going on?  Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped.  Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them. 

Wondering how many of us are merely waiting for payday, or at least a moment when there is more than a few dollars to rub together during the holidays. Nothing more frustrating than having my favorite crypto currencies on super sale and not having enough spare money to throw at the markets. Just wait, eventually payday will happen and then people will buy again; with these prices I'm sure it won't take too long. As for Craig Wright, I can't voice my full opinions here in polite company......
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Topic
Board Politics & Society
Re: Why do people hate trumps wall..
by
HayaH
on 20/11/2018, 21:16:11 UTC
I'm baffled by those who may support forward thinking initiatives such as Bitcoin and yet cheer Trump and his wall...

So I need a passport to go to Mexico but Mexicans don't need a passport to come to the US?

It's not a passport policy I'm questioning, but rather why those people who would support a forward thinking, global, free, decentralized project like Bitcoin would ever yell America First or support Trump's wall. It's just completely against everything crypto currency stands for from where I'm standing; hence it baffled me a tad bit. That's all Smiley.
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Topic
Board Politics & Society
Re: Could cryptocurrencies eliminate the root cause of war?
by
HayaH
on 19/11/2018, 12:02:33 UTC
Wars are always started by governments who are fighting for leverage.

Citizens are stuck in the middle and end up having to fight for causes they don't care about.
If people can do business with people all over the world without the need for centralized approval, the governments will become the obsolete enemy of progress.

Decentralization is a war against the instigators of war.

Thoughts?

Yes they can, but we're far from this point right now. That's why I still believe we're in the early stages of crypto. I believe crytocurrencies can eventually eliminate war because the financial system is the major thing that currently keeps people tied to the corporations, the elite members of society and governments. However in order to do this they must be global, accepted by a good part of the population and the problems with how complicated it is to use them must be fixed. Crypto Currencies are a way to sidestep traditional power dynamics which can work hand in hand with Internet and other decentralized tools to build a better world. In the least, wide spread adoption of Crypto currencies can spur development and innovation, which in turn can lessen many conflicts. The more people get used to decentralization, things being owned by the crowd and the free flow of products and transparency of currencies, the better it'll be for all of us. Anything that chips away at centralized system of power will help in this.
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Topic
Board Politics & Society
Re: Why do people hate trumps wall..
by
HayaH
on 19/11/2018, 11:50:52 UTC
I'm baffled by those who may support forward thinking initiatives such as Bitcoin and yet cheer Trump and his wall. There is nothing decentralized nor modern about a wall, it's totally old school and quite ineffective to boot. While should we look for information and currency to flow freely from nation to nation but block people from doing so? It won't stop illegal immigration - it'll cost a bunch, cause disputes and border issues, harm the environment,make people fleeing dependent upon criminals for passage, destabilize border towns on both sides, potentially trap people if any country becomes too dangerous; alienate allies on the continent, divide south America from North America and otherwise isn't any good for us as a species. Heck, that whole "me first isolationism" stuff that Trump spews is counter to the world that Satoshi envisioned when he / she / they created bitcoin.

Decentralized, global, transparent system......

You're either for the future or against it....

either for walls or for bridges....

I can only guess what Satoshi would likely say about Trump and his wall.
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Topic
Board Bitcoin Discussion
Re: Does the death of Bitcoin also mean the death of cryptomania??
by
HayaH
on 19/11/2018, 11:11:29 UTC

If Bitcoin were to completely bottom out, what would happen to the altcoins?

Follow the crypto superstar to a fiery death?  or  Skyrocket passed their predecessor?



I don't think Bitcoin would ever die completely. It's just set up to not be able to perish completely, no matter how much stress or opposition to it's existence it'll get. The value may go down significantly; yet that isn't the measuring stick by which it's existence can be judged. Alt coins may rise to relevance or fall each by their merits. One of them may eventually get a large share of the market or even surpass Bitcoin down the road. The ones that come later may barely resemble neither bitcoin nor even any of our known currencies. They may be crypto only by measure of being decentralized. Yet even so most altcoins will in some way benefit to keep bitcoin relevant too as it's the first and most well known. Will Bitcoin ever be a full currency? No one knows; but it will always be the first and with continued innovation it'll grow even more.
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Topic
Board Bitcoin Discussion
Re: Can Bitcoin become currency a new State?
by
HayaH
on 19/11/2018, 11:01:07 UTC


It is now evident that just cryptocurrencies is not sufficient to achieve the goal. We need a State at our side. But current States seek to preserve the old order.

State it is a community with uniform rules. Territorial principle don’t need for creation of the State in the 21st century. So what do you think what's to stop us to come together and creation a new State now?

The desire for current states to keep the "old world order" around will become much more clear in the future. For now they don't quite know what to make of bitcoin, don't take it seriously, are flexing their muscles to see if they can control it or are hoping they can find a way to profit off it. However, be ready for there to be plenty of backlash once governments realize that their real ability to control crypto currencies as a whole is very limited. (Some creative and enterprising people may solve some of the main issues that allow government interference with a currency or even bitcoin itself in the future).

Creating a new state has the same issues; no one takes said state seriously or attempts to control it until they realize that it's something that can indeed become relevant. As such neither should be approached with haphazardness; if people are going to create a state they must solve the problems - regardless if Bitcoin or another crypto currency is their currency or not. Same is true with bitcoin and crypto in general. There's problems we must solve, such as adoption, ease of use, etc.

To pull both off those who do it gonna have to think completely outside the box and be dedicated. Can both be done? Yes. I believe so.

I'm gonna be one of the few that's gonna try to pull some of this off eventually; once I learn more so I guess we'll see how it goes.... Smiley.
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Topic
Board Bitcoin Discussion
Re: Did you ever regret having gotten into Bitcoin?
by
HayaH
on 19/11/2018, 09:21:49 UTC
Interesting question, I know. For me personally the answer is no - I have not ever regretted having gotten into bitcoin, despite having spent hundreds and hundreds of hours researching the topic.  It's always been an interesting ride.

But I have a friend who got scammed and he regrets having had anything to do with crypto in the first place. It's pretty sad but there's nothing I can do about it. I even offered giving him half of the amount he lost from my own crypto stash (mind you I am not rich) but he's so scared that he's not interested any longer...

Only thing I regret is not getting involved with it earlier. As for your friend, there isn't much you can do right now except to explain to him that it's still relatively early in things and until some things are sorted it's unfortunately still possible to get scammed. Have him try again later on once things are more along the way and things are easier for newbies. Perhaps every now and then show him cool stuff that's being done with blockchain & crypto as a whole.
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Topic
Board Speculation
Re: bitcoin still dipping. What should we do?
by
HayaH
on 18/11/2018, 16:43:41 UTC
Take some time to learn more about the overall technology behind Bitcoin and decentralized block chain ledgers. Any little bit you further to understand the underlying technology helps you ride out these drops much better. Then look into some of the new projects that are coming out and about through the block chain and crypto community. There's a lot of really neat stuff being created these days. Not all of it will succeed, but seeing what's being done with the technology can do a lot to give you hope in a bear market (even if you're like me and don't understand all of it that well yet).

In addition if you believe in Bitcoin as a technology you can take a little bit of spare money and invest a little more into Bitcoin while the price is low. This way if you've lost some earlier in this bear market you can get it at a much lower price now so when it raises you can average yourself better. Either way you end up with MORE bitcoin.

If you really want to get rid of some Bitcoin, try to buy something with some of your bitcoin rather than selling it at the market and "dumping it". That way you get something out of it, support adoption and learn how to actually use it better. You'll also make the person earning it smile too Smiley. Alternatively you can try to donate some Bitcoin to a worthy charity that may accept it and do some good with it.

Don't let the market scare you; rather educate yourself, invest while prices are low or use some of it for something cool to help with adoption.

I'm still a relative newbie, so also heed the advice of more knowledgeable people here on this forum. Just don't panic; great technology takes a while to get mainstream adoption.

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Topic
Board Bitcoin Discussion
Re: What happens when bitcoin becomes stable?
by
HayaH
on 18/11/2018, 16:31:35 UTC
The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.

Sadly I believe we're far from seeing a stable Bitcoin. This will come with more adoption rather than people mainly investing in it or creating products / services for it. When you see people who are *not* technically skilled using bitcoin like they do credit cards and cell phones / e - mail these days, then we're about there. This will likely take years still, most people still don't even know what Bitcoin actually does much less know how to purchase, hold, trade and use them. The learning curve is still too steep for mainstream adoption, but everything that's done now will help pave the way.
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Board Bitcoin Discussion
Re: VOLATILITY IN BITCOIN,WHO SHOULD BE WORRIED?
by
HayaH
on 18/11/2018, 15:52:14 UTC

At times Like this in the Cryptocurrency era, should investors and Holders Be worried?


While I may be still learning about Crypto and bitcoin I fully believe that those who are merely involved for investing purposes are those who will be more worried about the price swings and volatile movement of Bitcoin. Even more so if they invested more than they could afford to lose. Yet those of us (old and new) who believe in the technology and social shift of Bitcoin won't be easily deterred or overly scared by a shaky market. Yes, we quiver a bit whenever the market goes down faster than a roller coaster; yet we know all new changes take a while to really grow on people.

I'm old enough to remember the internet; there I wasn't even an "early adopter" but still early enough to now marvel at how far we've come from dial up modems, dropped connections and printing those hole - filled pages full of dot things and floppy disks. We've come a long way to cell phones, apps, streaming movies, you tube, social media, great graphics and wi-fi.

Bitcoin may follow a similar trajectory, perhaps even one a bit more complicated and slowly as it's tackling banking and fiat currencies. These are the very thing that society is built upon that give those in power their power.....  

So as for me, I'm not worried about the current market. It'll sort itself out in due time. I decided to give it at least 5-10 years and I'm pretty late coming into the crypto scene in 2017. I believe in the overall technology and even if I lose everything I put into the individual coins and projects I'm supporting it I'm doing it for the chance of actually changing the world for the better. That to me is priceless! If there is some money made in the end, then that's just gravy.....

Satoshi's concept of decentralized digital currency & decentralized ledgers as a whole can change the world. We need to only let ourselves free to try out different stuff to find what works best and give it the time it needs to grow and develop.

HayaH

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Topic
Board Bitcoin Discussion
Re: Why aren't there more women in Bitcoin?
by
HayaH
on 14/12/2017, 06:47:03 UTC
Another woman here but I'm still new in Bitcoin. Tend to be a fast learner though and like all kinds of things. Was really surprised when I realized that there aren't a lot of women in Cryptocurrency and Bitcoin. However just like I'm here others will likely join in the near future. Some likely because of me consistently talking about it Smiley .....
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Topic
Board Bitcoin Discussion
Re: Why people are holding Bitcoin?
by
HayaH
on 14/12/2017, 05:54:12 UTC
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Zooming out shows me that it keeps rising in the long term. In addition I believe in the concepts behind the currency as well as the technology that powers it on the backend. While I'm new I found that I'm more determined about my convictions the more I educate myself. The technology and concepts that are used in bitcoin and the crypto market in general are awesome and it's a definite game changer.