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Showing 20 of 421 results by Marry Finch
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Board Altcoin Discussion
Re: It is time for Bounty hunters to hold/hodl
by
Marry Finch
on 11/06/2019, 19:30:35 UTC
It should agree with your opinion. The amounts that we can now get for our earned tokens are very little valued in this market and so far not worth it. Over time, some of them are able to bring us a good profit, even if many of them will be useless. In the world of cryptocurrency, we will inevitably lose somewhere, and somewhere unexpectedly receive a significantly higher profit than we expected before. In this situation, of course, it is better to keep our tokens in our wallets.
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Board Bitcoin Discussion
Re: Indulging with cryptocurrencies could send you to jail in India
by
Marry Finch
on 11/06/2019, 19:17:43 UTC
You are incorrectly informed. This is not a court decision. The court can only prohibit the use of crypto-currency, but it cannot establish criminal liability for its use. This is a bill to ban the use of cryptocurrency and ten years in prison for violating this restriction. However, this does not mean anything. It is unlikely that such a bill would be passed as a law.
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Board Bitcoin Discussion
Re: Beating down the U.S. Dollar
by
Marry Finch
on 11/06/2019, 19:12:19 UTC
Cryptocurrency does not have any significant effect on the usual currency. Strengthening or weakening of the dollar can have an impact on the price of bitcoin, but I do not see that the price of bitcoin has the opposite effect on the dollar.
In general, these currencies will not compete with each other. Cryptocurrency will exist in normal currency and can not replace them. As a result, they should complement each other with their different capabilities.
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Board Bitcoin Discussion
Re: If india bans Cryptocurrency as per the draft law, What happens to the community
by
Marry Finch
on 11/06/2019, 19:07:58 UTC
If a cryptocurrency is officially banned in India, it will still be used illegally by the population and this will create very big problems for the government, which will still not be able to control its ban. Such a decision will greatly raise the level of dissatisfaction with the government by the people and it is even difficult to predict what will come of it. As a result, sooner or later they will be allowed to go there anyway.
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Board Altcoin Discussion
Re: For How Long??
by
Marry Finch
on 09/06/2019, 14:34:47 UTC
It is possible that such a non-permanent and generally not too fast growth of the cryptocurrency market will continue throughout the year. Vseravno this year is much better than the previous one and we are still pleased even to such a market. Too much growth in the market this year should not be expected, however, I think that by the end of the year Bitcoin may well rise to 11,000 - 13,000 dollars.
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Board Altcoin Discussion
Re: Crypto Currency vs Digital Asset 2019
by
Marry Finch
on 09/06/2019, 12:16:32 UTC
Quote from: millionermile on January 11, 2019, 11:01:02 AM
Crypto currency is an outgoing trend, one can even say with confidence that there will not be any crypto currencies soon. Digital Assets and platforms, which ensure their functioning, are replacing crypto currencies right now. That is why Digital Assets will become a driving force for the new digital economy.

Thus, it is completely obvious that the Digital Asset is a new concept in the global economy, which is so necessary for the transition of the existing types of activity and relations to the qualitatively and technologically new level, due to current trends.

https://www.bitbon.space/en/news/global/kriptovaliuta-ili-tcifrovoj-aktiv

Strangely, you say that digital assets will develop, and cryptocurrency will disappear over time. However, the cryptocurrency is a digital financial asset that is not going to disappear. On the contrary, the cryptocurrency continues to develop rapidly and to improve. We cannot even guess in which direction the cryptocurrency will develop and what height it will reach.
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Board Bitcoin Discussion
Re: "Bitcoin is the Global Reserve Currency: A look at banking in 2050"
by
Marry Finch
on 09/06/2019, 11:54:45 UTC
Quote from: avikz on May 30, 2019, 02:33:46 AM
Quote from: Hype_Partners on May 29, 2019, 06:37:39 PM
We just published an article examining banking under the gold standard and predicting what banking might look like under a Bitcoin-backed global economy:

https://beyondhy.pe/bitcoin-reserve-currency

It's great for imagination but not the reality! Even though I want this to happen, but I don't see it happening! No Banks or governments will use a currency created by an anonymous person/group to be used as a reserve currency of their economy.

There will be virtual currencies most definitely but that will be not bitcoin or any other cryptocurrencies that we know now. It will be a government created cryptocurrency where total control will remain with government only! Because if we move to a completely virtual currency, tax aversion will be zero/minimal. That's what every government is trying to achieve nowadays.

However, the reserve will remain the same as today, like debt and GDP. A commodity will never come back as a reserve!

Totally agree with you. No state or state bank will ever switch to using cryptocurrency instead of its national money. Their national money will always exist as a mandatory attribute of the state. However, states will use their own centralized cryptocurrency, which they can fully control.
A decentralized cryptocurrency will be mainly used by people, whether it will be massively used by business structures will depend on how good conditions are created for its circulation in society in the process of legalization by its states.
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Board Bitcoin Discussion
Re: Bitcoin is for scammers, yea right!
by
Marry Finch
on 09/06/2019, 11:46:11 UTC
His research on the use of bitcoins for criminal purposes has already been conducted in the United States and the European Union. They concluded that bitcoin was used for less than ten percent of cases for criminal purposes. Therefore, we came to the conclusion that Bitcoin in this regard does not represent a serious danger. Therefore, this problem is far-fetched. Absolutely everything can be used with a legitimate or illegal purpose. Including cash of the states which also cannot be traced.
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Board Economics
Re: Cryptocurrency, KYC and Terrorism
by
Marry Finch
on 09/06/2019, 11:18:19 UTC
KYC verification has become a big problem for investors in ICO projects, but it has become an even bigger problem for participants in the ICO bounty campaigns. Most KYC checks are carried out after the end of the ICO, when bounty hunters are no longer able to refuse to participate. After all, they have done the agreed work and are just waiting for the deserved payment by tokens. Here, KYC verification already serves as a form of fraud in order not to pay the tokens earned by us.
As for the possibility of using our data by terrorists, this, of course, is not excluded. However, I do not think that the probability is high. There are not so many terrorists using cryptocurrency in the world, in any case, not anonymous types of it.
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Board Altcoin Discussion
Re: Between ICO and IEO
by
Marry Finch
on 09/06/2019, 11:11:52 UTC
Yes, the activity of ICO has so far fallen greatly in its popularity due to the large number of fraudulent projects that have just now paralyzed this activity. However, this is all temporary. As states begin to regulate the ICO, the popularity of the ICO should again be restored.
IEO projects also have their drawbacks and checking these projects by the exchanges does not save investors from possible fraud.
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Board Economics
Re: is it possible that the bitcoin was created by governments?
by
Marry Finch
on 09/06/2019, 11:00:41 UTC
The theory that states may be involved in the creation of cryptocurrency is not new. However, in my opinion, in this case it will bring them more problems than the advantages that they are going to achieve in this way. Based on this, I do not believe in the involvement of some special services of states in the creation of cryptocurrency. In general, it would be stupid of them. Thus, they undermine their exclusive right to total control over financial flows, that is, practically the elite lose some of their financial power.
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Board Altcoin Discussion
Re: A call for mandatory KYC for core members of projects conducting an ICO or IEO.
by
Marry Finch
on 09/06/2019, 09:10:45 UTC
Our common efforts and appeals to ensure that ICO teams are tested by KYC will not bring any success. If there is no strict regulation of the activities of ICO projects by the states and their authorized bodies, the fraudsters will be able to successfully bypass all these public checks. Only a real check of the ICO team members by the relevant law enforcement agencies of the states at the place of registration of the ICO project can significantly reduce or even completely eliminate fraud in this type of activity. To do this, we will have to wait until the state during the legalization of cryptocurrency will not adopt the relevant regulations.
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Board Economics
Re: Bitcoin as a leading currency?
by
Marry Finch
on 09/06/2019, 08:18:54 UTC
Regardless of these considerations, Bitcoin or another decentralized cryptocurrency can never be the leading one among other currencies. She will walk predominantly between citizens. Whether it will be massively used by business structures will depend on how complete and favorable it is for legalization on the part of states. The states themselves are unlikely to use it very widely due to its high price volatility.
However, even by its nature, a decentralized cryptocurrency can walk in society only together with a common currency and cannot replace it.
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Board Altcoin Discussion
Re: Are altcoins useless?
by
Marry Finch
on 08/06/2019, 20:30:03 UTC
Altcoins, in fact, the whole cryptocurrency with the exception of Bitcoin. How can you say that they are all useless? A small part of them, of course fraudulent and useless, but the rest, their much more, make their own contribution to the development of cryptocurrency. In addition, many coins, and especially tokens, continue to develop and the result of their development can sometimes appear only after years. Therefore, we do not need to hurry with bad conclusions regarding altcoins.
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Board Altcoin Discussion
Re: Ethereum vs BitcoinCash Which will win?
by
Marry Finch
on 08/06/2019, 20:22:47 UTC
Between ethereum, in my opinion, there is no competition with bitcoin cash. They are completely different coins, with different tasks and functions. Therefore, for ethereum, this coin does not represent any real threat.
Bitcoin in cash is more a competitor to the original Bitcoin, because it has some functional advantages that the original Bitcoin cannot handle yet.
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Board Bitcoin Discussion
Re: Whales are out of control = $500 in ten minutes
by
Marry Finch
on 08/06/2019, 20:03:54 UTC
This is a very dangerous proposition that should not even be attempted to implement. It is very dangerous to try to take something away in some and transfer it to others, since whales can simply leave this market and the cryptocurrency will be doomed. Without large investments in cryptocurrency, it will develop very slowly and unpredictably. Cryptocurrency price fluctuations are very attractive for traders, this is a feature of decentralized cryptocurrency.
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Board Bitcoin Discussion
Re: Thoughts on Satoshis Holdings and Supercomputing
by
Marry Finch
on 08/06/2019, 19:58:54 UTC
The problem really exists. Technical progress will inevitably develop and fast supercomputers will appear. Their capabilities will pose a real threat to private cryptocurrency keys, including from the expected appearance of such capabilities of quantum computers. It is expected that there will also appear technologies that will protect the cryptocurrency from such vulnerabilities, but so far it is difficult to say something more specifically.
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Board Economics
Re: Bitcoin eventually disappear...
by
Marry Finch
on 31/05/2019, 21:03:43 UTC
Bitcoin, of course, can disappear in its current form, if it is replaced by something more advanced. This is quite normal and predictable. The current Bitcoin has its own difficulties in solving many problems, including scalability and transaction costs. Considering that the cryptocurrency so far exists only ten years, and also that it is not perfect yet, it will continue to evolve anyway. Nobody knows what this development will lead to.
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Board Altcoin Discussion
Re: Don't be too quick to judge ICOs
by
Marry Finch
on 31/05/2019, 16:43:19 UTC
Yes, I also agree that even now there are many good and promising ICO projects that succeed, as well as many good ICO projects that simply could not collect even a minimal amount of funds in these market conditions, but should not be considered fraudulent. Of course, some claims that 99 percent of ICOs are fraudulent are greatly exaggerated. In fact, this percentage of fraud among ICO projects is much smaller.
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Board Speculation
Re: Bitcoin went from $5420 to $5117 in 2 minutes! Bubble?
by
Marry Finch
on 31/05/2019, 06:20:31 UTC
Bitcoin had a price last night, according to the CoinMarketCap table, $ 8,738, and today its price has fallen by almost $ 500 and is $ 8,289. This is a manifestation of the usual price volatility of cryptocurrencies and is not directly related to the financial bubble. Moreover, the higher the price of bitcoin will rise, the greater the price amplitude of such volatility may occur.
The manifestation of a bitcoin bubble will manifest itself when it grows very quickly in its price, as it was at the end of 2017. What it led to, we have already seen.