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Showing 18 of 18 results by thomas_goal
Yes, it definitely is in a recovery phase. And it is very similar to what we saw in the dotcom industry several years back. It's hard to increase so quickly and not come back down. That's why I don't think it'll do it again this year. It just doesn't have the energy after climbing so high.
It has a very similar speculative nature, that's why it went up so high. Tech and crypto follow similar patterns of huge booms and busts. Bitcoin will last because it is like Microsoft or Dell: It has an idea that is worth developing. Most altcoins cannot, unfortunately provide this advantage.
Which is why...
It has a very similar speculative nature, that's why it went up so high. Tech and crypto follow similar patterns of huge booms and busts. Bitcoin will last because it is like Microsoft or Dell: It has an idea that is worth developing. Most altcoins cannot, unfortunately provide this advantage.
Which is why...
the concept of bubble in this case means that this technology must be re-evaluated and discard the ballast is not necessary companies. this is what is happening now with bitcoin
#2: Start small and take baby steps : last year, my first investment in bitcoin was a $100.i was extremely nervous when took the first step.the investment grew up to $300-400 in a month, which I eventually lost all. But I didn't quit. After the lost, my eye opened to the entire blockchain system.i then realized that Bitcoin was not the only cryptocurrency in existence.i started with nothing as a bounty hunter and developed my I.Q on digital currency. Today I am a proud owner of some reasonable crypto. I strongly believe in the power of mind. Our Minds are our most important form of leverage.
#3: Dream Big: Most of us know that a child must be allowed to dream. Thesame is true for adults. Our dreams keeps us rich, young, and fun. Investment and projects keeps us learning and growing instead of living below our means, we dream big, learn, and invest carefully in order to go beyond our means.
These two are very good pieces of advice. Firstly, one should recognize that any amount of money is a good amount to start with, and it won't become a fortune overnight. It takes time and careful dedication. Slow steps lead to progress, and these steps can be erased if one foolish move is made. Take it easy. It takes a lot of work to grow an investment like that.
Dreaming big is also important to reach success of any kind. It has to motivate you to reach these heights. That is the inspiration that fuels the hard work.
How did the artist put the QR code on the painting? Did he also painted that one out?
I think he did.This guy is very creative and he's using it for donation. I've seen someone posted this before and it's very inspiring to those people that are very appreciative with artists artwork.
Is that even possible? As far as i know there are certain keys for the QR code that should be done how it is. If that qr code is really working then that man is crazily talented. But I think that is really impossible to draw. Or maybe that person is using a printed one for the donation part.
I would imagine he has used a stencil, graffiti artists use stenciling in their work a lot
particularly when the same shape or design is used repeatedly.
It is possible to use skills in design, writing and programming to earn a living as a daily
full time job, its exactly like being self employed, you have to do lots of matketing and
networking to build a client base and build a business, crypto is no different.
Yeah this has got to be stenciled. It's the one part of the painting you'd want to be extra careful about.
This is a brilliant idea. You never know who is generous enough to donate for your work, so it's always good to have a donation area available. If you love what you do, and you do it really well, just put it out there. You might be surprised how many people take it on and start appreciating it. Some of them might even like it enough to send you money!
BTC us getting a much-improved image as US law enforcement acknowledges that BTC criminal use has declined dramatically.
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
Well, this is possible to happen because most of the nations are now creating and improving their regulations policies to ensure that Bitcoin currency will not be use in illegal activities which is really very effective. KYC alone although a difficult task but its proven effective in which people background can now be identified. I believed this is the reason too on why the demand of Bitcoin and the crypro currency is reducing because some of it are formerly owns by the illegal people.
Exactly. The main factor behind this curbing of criminal use is the regulatory movements that we've been seeing. Everyone hates KYC but in the end it helps to make the crypto community more trustworthy overall. There were too many dirty associations with Bitcoin and criminals in the past that we need to have clear image. When there aren't criminal associations, regular investors will see it as less of a risk.
I don't think that we can completely eliminate criminal use but can at least keep a limit on it. They will always find a way to use it without validation.
Well, just the other day, someone posted a article that reveals Malware that were for sale to target Bitcoin ATMs. So, these guys are not just targeting Fiat ATMs. If government sanctioned attacks are launched at Bitcoin ATMs and people's private keys are hijacked or coins re-directed, then this will have a huge impact on people's ownership of coins.
They may lie dormant, until they gathered enough information and then shift massive amounts of coins from "active" wallets in one sweep.
They may lie dormant, until they gathered enough information and then shift massive amounts of coins from "active" wallets in one sweep.
Once the malware is established, it's not hard to divert transfers to other wallets or make the coins "disappear". Maybe they are just collecting information as much as possible like you said to wait until the ideal striking moment. I'm not sure if I would trust ATMs anyway.
In reality they can intercept payments but not get into wallets from these codes, especially if you keep your wallet cold. Safe practices can avoid exposure to risks like this. There's too many bandits in this wild west trading environment.
Re: Let's stop comparing Bitcoin to Ethereum or any other Cryptos
People sell their cryptos just because they heard that a particular coin is better than the coin they have. To add to these, I believe dumping of crypto coins is also as a result of this kinda comparisons made by people.
A lot of people in crypto are to make a quick profit and they are not interested in understanding how it works and what is its future use or any other reasons. Their main aim is to make money and if that is not happening then they will start comparing with other coins which are either more stable or going up in that movement. I don't we can do anything for this segment of people.
Exactly, and to them, anything that goes up quickly is the same. People who compare these coins are most often focusing on the market movements and the price action rather than the actual coin's value itself. A lot of people have bought and sold the coin, and that's reason enough for them to jump on the train for some short term profits.
I wouldn't think that they're anything like each other. Bitcoin is the only coin that is still strong enough to withstand multiple tests. These other ones are fading away...
There are several reasons but the most intriguing one is the "US - China Trade war".
There are a lot of speculations in market that due to the US trade sanctions on China, a lot of trading has gone underground and is happening through "Cryptocurrency". Therefore the Trump administration is trying to ban crypto which has caused a plummet in the price.
Just my humble opinion. You guys can disagree.
There are a lot of speculations in market that due to the US trade sanctions on China, a lot of trading has gone underground and is happening through "Cryptocurrency". Therefore the Trump administration is trying to ban crypto which has caused a plummet in the price.
Just my humble opinion. You guys can disagree.
I'd say that the trade war is most certainly causing an impact on the prices as well. Naturally, a lot of firms would want to protect their income and they are doing that by trying to find alternative ways to trade. But how would the Trump administration be able to take effective action to ban crypto? I can't really see a feasible course of action that would result in the direct decrease in price.
I think it's more of a recovery stage, still happening from the bubble last winter. The 6k region is the borderline for profitability of miners, so it will hold. It needs to hold.
The older people can only invest in what they understand and can see with there eyes. Fewer ones among them can relate with internet as much we young one do. Cryptocurrency is highly risky than the gold and bitcoin inform of its volatility and most of them cant take the risk with all their life savings. Gold and silver price are well predictable than in cryptocurrency. I know some cryto ethusaist will be old and will find it harder to convince their fellow colleagues on investment in the space.
Yeah I agree. The tangible value that these assets have is comforting because they can see it and watch it glimmer in the light. This seems somewhat safer than paper money, especially for those who live in countries that have economic instability. It also seems safer than banks, which can limit withdrawal limits (like Greece, which got capped at 50 euro a day). And it most certainly appears much safer than that crazy "Bit-coin" stuff that their grandchildren are talking about, which just seems like a surefire way to lose money. How on earth can bits be money??
One of the reasons this might happen is because of the nature of how cryptocurrency works. This is the one I risk the most. there are about a million factors that can affect the value of bitcoin or altcoin, and this decline is something that is natural and expected, especially now because the market is flooded with more investors than before. because of the negative news that people hear they are nervous and panic but don't need to worry because one day the price of bitcoin will stabilize. But I'm sure the price of Bitcoin will rise again. Same as last year.
Very true. You never know what to expect. Even if positive news is released, it doesn't move. Then for absolutely no reason, it'll skyrocket. I think it's got something to do with the flow of money from other markets as a lot of investors will get into crypto for various reasons that have some negative effect on those other markets.
It's just finding it's feet and getting ready to take off again. I don't think it'll go on the same run as it did last year, but it'll still find its value.
Re: If you did not listen before, now is last chance to reduce your loss
It may not. As you may seem to notice, government of some nations are adopting and adapting to technological changes. They are open minded of what can be good in the future a long as they protect the interest of their nation. Its just a matter of time. We really can never tell what this brings. But we know blockchain technology has benefits among different industries out there.
That's what makes the game different now. Governments are starting to look at it as something they can either use, tax, or regulate, and no matter which option they choose, they stand to benefit from it as they collect money for themselves from it. It's obvious now that bitcoin cannot be overcome by the entrenched powers, and they are positioning themselves to deal with it in their own way.
Strangely enough, we get conflicting views on it from these people. Some major companies are trying to use it while others are saying that it's not worth it. I think the ones who brush it off are afraid of its implications to their profit.
Re: Where do you usually get your news on current events about crypto
I'm not much for those coin-xyz websites because they seem a bit suspicious to me. They're not so objective and seem to be promoting messages to serve their own interests. Although the exact same could be said about BBC, CNN, etc.
Most of my news comes from here because people have different opinions about it and they show their own perceptions about the event. Also Medium is a good place because people who write on their are usually doing it because of the interest they have in the topic is more organic. Reporters and journalists don't really care too much, and they have to obey the party rules...
Most of my news comes from here because people have different opinions about it and they show their own perceptions about the event. Also Medium is a good place because people who write on their are usually doing it because of the interest they have in the topic is more organic. Reporters and journalists don't really care too much, and they have to obey the party rules...
although i get rich because of cryptocurrency, i still spend my time on real life project, i only spend a time for cryptocurrency on night time for about 1 - 4 hours.
This is true. It's good to keep in mind that while we can make a living off of crypto, there is life outside of it. Crypto is only the tool which we use, it's not the entire world. If we use our skills and talents where we like using them, then crypto can help us to apply them. We've just got to find the balance between the two. It can't be all focused on the coin and it's value or the chart and the predictions. It's gotta be more about what we are going to use the coin for, what kinds of projects we're going to initiate, how we're going to add value to this world.
Re: Why Bitcoin cointinue its down trend for a long long time this time ?
I don't think anybody knows exactly what's behind the curtain, but many suspect Wall Street price manipulation after introduction of Bitcoin futures markets. Presumably, while they were wrecking the price on exchanges, they were buying on OTC markets.
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So As you think, Is their arrival is a must for Bitcoin price goes up again?
Even if not them, others would come. Despite Bitcoin being on the media front and center for quite some time, most people are still not familiar with cryptocurrencies.Why Wallstreet doing this price manipulation in the cryptomarket as you think? what is their purpose to do so? I have a different idea?
It's for the same reason that they do it to gold. They want to discourage people from trying to hide their money away and protecting themselves against inflation. They want people to use fiat indiscriminately, without fear or doubt that their money is using value. However, many people are fed up with seeing their money become useless over time, so they turn to bitcoin, gold, etc.
I've noticed a bit more suppressed price action on the charts lately, like it seems that some levels are being defended. It's common for central banks to do this with their currencies as well. The Swiss national bank has been manipulating it's currency for years, defending it from the 0.95 level, because people tend to buy it as a hedge. So they devalue it in order to protect their economy.
Re: Politicians fear cryptocurrency because it will stop corruption.
⭐ Merited by South Park (1)
Yes! I agree with you. I support your opinion. I hate politicians. They are scammers. They just know how to steal money. Whatever they do, it is for themselves. They never think about people. First, vote for me and after go away. They are really corrupt. How do you want them to like cryptocurrency. They just cannot. They are afraid of it. It might change the whole world. But, no chance. Cryptocurrencies are our future.
Politicians are not there because they want to change their country or help it progress, they only want to get a steady paycheck and the opportunity to steal money out of the population that they should be helping, this is why people have a mistrust of politicians since they promise something and they never fulfill those promises but with bitcoin we will take a lot of power away from them and that is a good thing.Have you heard of the theory of the "Post-truth" era? The politicans are lying and stealing, and we know the politicians are lying and stealing, and they know that we know, so they do it anyway. If we expect them to do it, they can go ahead and do it anyway. They make a vast range of sweeping promises before getting elected, knowing quite well that they will never be able to fulfull them anyway. Then they make several extreme statements to capture the ones on each extreme. Trump is a master of it. He says things just for the sake of the dramatic impact, knowing perfectly well that everybody knows he doesn't really mean it.
There's also a psychological comfort in seeing the store of value in the palm of your hand. Have you ever owned a 1 ounce 99.99% pure gold coin? Holding it in your hand and marveling at the glitter is something else. Then exchanging it for a (not huge, but reasonable) profit later on to buy something valuable is also satisfying.
In difficult times you can buy stocks in companies that thrive, but for some this can be too challenging psychologically... If the whole market is crashing, why put money back into it? Even if it's on a side that supposedly profits? And this whole bitcoin thing, where does the money go? Thin air?!
In difficult times you can buy stocks in companies that thrive, but for some this can be too challenging psychologically... If the whole market is crashing, why put money back into it? Even if it's on a side that supposedly profits? And this whole bitcoin thing, where does the money go? Thin air?!
At this point in time, we definitely don't have to processors to handle it. But it won't take long. It was only a few decades ago when a computer was the size of an entire room, and modern smartphones are much more powerful than those used to be!
An important step forward will also be internet speeds. Once 5G rolls out then we'll be able to cope with these kinds of data transmissions much easier as well. This also paves the way for virtual environments (VR, AR) being used in daily life, such as meetings, school, etc.
An important step forward will also be internet speeds. Once 5G rolls out then we'll be able to cope with these kinds of data transmissions much easier as well. This also paves the way for virtual environments (VR, AR) being used in daily life, such as meetings, school, etc.
Re: Politicians fear cryptocurrency because it will stop corruption.
The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
Not really at all yet politicians do really love it instead. Why? because they can able to hide up funds that they do have corrupted but when we do talk on the other side where blockchain tech would be implemented in terms of payment or budget system then its the end for those people who do involve on corrupting funds because they are the ones who do involve anomaly when there is already a liquidation but when crypto is already on the line then it would be an another story.What do you mean exactly? I agree that they can hide money quite easily in it because they can do favors and then accept crypto as a means of payment. There's always a way to return a favor, and crypto happens to be a more convenient one because it's not easily traced.
But in terms of blockchain for budget, you mean they won't be able to tunnel funds out of it so easily? Or they won't be able to misdirect it, and spend it somewhere else? Couldn't they still spend it in favor of certain interest or lobby groups if they wanted?
Yes, exactly. Only for those who are trying to hide millions of dollars away in crypto will have to worry because the governments just equipped themselves with the tools to go and find them. Granted, it might be a little bit harder to dig up crypto accounts, especially if they're cold, but now they're considered assets, so if they are found, they are punishable.
People who have a few hundred or a few thousand hiding away in undeclared crypto just aren't worth the time to uncover, yet. It's still too difficult for them to track the thing to go chasing after the little fish. But if regulators get involved, soon there will be a system in check similar to what they have in banks. Some automatic alert system that raises a red flag if someone moves X amount from A to B
People who have a few hundred or a few thousand hiding away in undeclared crypto just aren't worth the time to uncover, yet. It's still too difficult for them to track the thing to go chasing after the little fish. But if regulators get involved, soon there will be a system in check similar to what they have in banks. Some automatic alert system that raises a red flag if someone moves X amount from A to B