Why does Bitcoin seem to always rally in December?
by
HopeHK
on 19/12/2018, 21:47:00 UTC
My theory is that people buy it as holiday gifts.
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BoardBitcoin Discussion
BTC Parity with Gold?
by
HopeHK
on 16/12/2018, 13:00:26 UTC
It could be argued that gold is priced somewhat arbitrarily, based on market demand as a store of value -- exactly like BTC. However gold is a physical product and has real-world uses as an element.
With all that taken into account, will the market drive them to general parity? Like the Euro/Dollar?
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Re: If you were in charge of Bitcoin 2.0 what would you change?
by
HopeHK
on 15/12/2018, 23:27:34 UTC
[/quote] All forks do is prove that you can't replicate the trust and history that Bitcoin has earned. [/quote]
does appear that the forks have watered down the soup
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Re: If you were in charge of Bitcoin 2.0 what would you change?
What kind of development team has stated that it wants to run Bitcoin 2.0?
I think people need fast and cheap transactions. Now the transaction rate is very long
There's no team in particular, just hypothetical. Some great insights in this thread though, wow.
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If you were in charge of Bitcoin 2.0 what would you change?
by
HopeHK
on 15/12/2018, 03:54:06 UTC
At this point, as masterfully as Bitcoin was created, it has some limitations of course.
My question is: Could it be done better, or is it just matter of trading one feature for another (i.e. speed for decentralization)?
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BoardBitcoin Discussion
Is Bitcoin the AOL of crypto?
by
HopeHK
on 13/12/2018, 22:28:04 UTC
Been giving this some thought, and although I'm a serious BTC enthusiast, it just seems that it the idea of alerting the entire internet every time someone buys a pack of gum is never going to work.
Decentralization is great but isn't this a fundamental flaw that will make it impossible for it to become an every-day payment method?
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Re: Is it Game Over for Bitcoin?
by
HopeHK
on 12/12/2018, 20:50:31 UTC
[/quote] as long as crypto currency exist then bitcoin will continue to be the first and number one coin in its field. [/quote]
agree completely. The only question is if it will become like AOL -- a great pioneer but ultimately replaced with changing times
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Justic Dept Investigating BTC Price Manipulation in USA
by
HopeHK
on 24/05/2018, 17:29:32 UTC
This will be heart-breaking if it is true. But I have suspected for a while that maybe the small BTC investor (i.e. ME) is getting played:
Re: Germany gives tax exemption for bitcoin exchange operators
by
HopeHK
on 26/04/2018, 20:55:34 UTC
OP thanks for this. It's extremely interesting and encouraging.
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BoardBitcoin Discussion
BTC Blockchain Tech to Combat Fake News
by
HopeHK
on 20/04/2018, 18:22:46 UTC
I read that the founder of Wikipedia is trying to figure out how to combat fake news with blockchain from Bitcoin. Anyone with tech knowledge know how this could work?
I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?
I think at this point it is just an asset. It is too inconvenient and (sorry to say) terrible security risks. BTC has inherent flaws that cannot be solved without a hard fork and overhaul.
There will be a new generation of cryptos that resolve these issues, and they will be usable currencies.
Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way'
I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think?
it's just a negative point of view about bitcoin, bitcoin is not a reason to kill people, then what about fiat or gold, can not it be a reason to kill people?
I agree it's too generalized. Following this logic you could say that any form of payment is lethal.
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Re: What gives Bitcoin its value?
by
HopeHK
on 18/04/2018, 22:23:31 UTC
Bitcoin is based on the same thing as the US Dollar... nothing except the trust of the people who use it. Not necessarily a bad thing.