I have faced such a problem that HitBTC support does not accept my documents. They say they have been altered, although the documents are original. Constantly reply in the letter in one text and do not facilitate assistance. I want everyone to know what SCAM HitBTC!

I probably start with a question, have you noticed the decrease in transaction fee of average bitcoin transaction of today?

In the past 2017, the demand for bitcoin is nearly the same for today. And according to this resource, the bitcoin's average fees today is $0.50 dollars in comparison to $20 dollars wayback 2017.

Moreover, the reason behind this decrease and improvement we have is the SegWit and payment Batching. Before, it seems that SegWit isn't providing the best solution to solve the problem of huge transaction fees. But for today, we can see its effect since the transactions of this time is somehow the same with 2017.


In relation to the news concerning bitcoin-related searches, the demand for bitcoin seems to increase significantly over time. I just not sure if SegWit could handle an all time high and huge amount of transaction since we are near to a serious event of bitcoin halving.

There's no doubt that most of the cryptocurrency enthusiast are now suggesting a transaction using SegWit wallet address and since we now have the information regarding its effect on the bitcoin's transaction fees. I don't think we still have a reason to stay with the traditional bitcoin address.

The chance is very low to happen a significant inflation unless world war III or worldwide epidemic disease occur. Let's assume any of this happened. Will people likely to switch their fiat currency into bitcoin?
If that's what happened and people attempt to switch their fiat into bitcoin, there will be a chance of fiat currency become nothing of value.
PS- I don't want world war or epidemic disease at all. i am just thinking at what point bitcoin will take over the fiat currency system.

The closest that worked were precious metal based coins. Not bank notes with the promise of the precious metals, but when the coins were actually made from the very precious metals.

In other words, things like gold and silver. Because no matter what is engraved in them, you could always melt them.

But the physical realm is not immune to scam. Suppose you have 100 gram coins, someone could start "chipping" them so they each lose 1 gr, after chipping 100 coins you get 1 "free" coin right? actually you just stole that from others. Sometimes they add back the lost gram but using a cheaper metal, and sometimes the practice was done by the State. Indeed in the Roman empire it was done that way

This cannot be done in the digital world, not with something as secure as bitcoin, where every little satoshi is accounted for. With physical coins you would have to carefully check each coin, this is unscalable and unpractical. If if you get a "certificate", you its different than trusting a bank "to keep it stored...". You trust whoever certified it, and besides the physical good could always be tampered with after certification.

Therefore Bitcoin is more secure than gold.

But in the event that you have an artificially honest society that would absolutely never tamper with your gold coins, then yes.

Gold production is not controlled by the government and is worldwide recognized (by weight). Your country might collapse and the gold keeps its purchasing power, unlike fiat. But its physical, it can be found, seized, tampered... keeping it protected costs money, and its heavy too!

As for successful monetary systems, the key difference is removing the government from the equation. You could look at countries that use another country money without their permission (such as many countries using the USD). In those they moved their local control to foreign control, but the risk is too high, should the USD collapse they would collapse too. But until that happens, they in their territory can experience handling a money their own local politicians can't manipulate. If their budget doesn't fit, they cannot print more to cover it, they have to reduce expenses etc (transparency).

Pegging doesn't work because its a promise they almost always break, because they can. That is the point, CAN or CANNOT do. CAN your gov. make you poor overnight or not?

if only people knew that buying BTC on mondays makes it more profitable than buying on any other day, i could have done it since day 1.

i took a peak to the article and was surprise the pattern they show starts way back from 2013. I think this started when some forex brokers added BTC on their platform, FOREX market sessions starts on monday and end in friday which i guess most crypto traders learned from forex.

What funds and what stocks?

Regarding crypto, the more investments you have in Bitcoin compared to other Altcoins the better for you. If you take a look at the following graph you will notice that from JAN 2018 Bitcoin's market dominance has constantly been going up from 34% - 67%.
https://coinmarketcap.com/charts/#dominance-percentage

This means that more and more investors trust and invest in Bitcoin while the investments in Altcoins are on a constant downtrend.

Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.

I want to big invest in bitcoin. But I want to know your opinion. Is my invest will profitable at this time?
Short term investment or long term investment will best for me?
I saw bitcoin market price is some cheap at this time. So I can decide to bitcoin invest?

It says that it could be an alternative way of payment. I don't think that wolrd could be run in Cryptocurrencies. Fiat still the best currency to run all of the countries needs since not all are technically inclined people and not all people have internet access. Acceptance will be possible if the people will be well-informed in Cryptocurrency.

Nah if there's a blatant report of videos that sharing some phishing links or scam projects then most users will report it to them. It is the right of YouTube to handle those scammers sharing their scam links. One thing that I don't know yet is if YouTube might have deleted some legitimate crypto videos or vloggers videos. Then I think YouTube decided to remove any crypto related on their platform then.

YouTube is loosing quickly !!!

Have you seen what goes on with the Crypto Youtube channels?
They getting blocked and deleted by YouTube in masses....


THIS IS THE MOMENT FOR AMP SYNEREO HYPERSPACE  !!!

....we should take that chance to decentralize that space for us!

I'm sorry but why you need to be scared? I'm sure that you already learned a lot from watching youtube videos so it's about time that you practice it yourself. As far as the bans, I don't think that youtube wanted it to be permanent. Perhaps they just wanted to get rid of the bad eggs here and free their system with a lot of scammers. Nothing to be afraid of.

Pretty good question. The price of gold at this time is quite high, but gold will not lose value like bitcoin. If it was me, I would still choose to invest in bitcoin to make a profit. If gold for long-term investment should not be

Hi, all!

I just wanted to ask what you think we as a community achieved in 2019.

For me every year and every day has been amazing and awesome!!

Although, there are many issues with Bitcoin but considering what it was in 2016 what it is now? Bitcoin is known! Why?

If I only think about the Fiat value of Bitcoin now and what it was 4 years back there is a huge upward swing.
If I think about its adoption then and now there are so many websites accepting Bitcoin.
If I think about Is Bitcoin a Ponzi Scheme there are so many articles arguing Bitcoin legitimacy to those MLM schemes.
If I think about how difficult was to understand this concept, there are amazing articles on the Internet to help you.

I know there are so many reasons but, I cannot recall all of those.

Write it down below if I have missed something.

The crypto industry has yet to evolve from exchanges which are nothing more than digital banks in reality. A couple are taking bold moves to slash their fees but how many others will follow and how will it affect the wider crypto industry.

https://bitcoinist.com/why-crypto-exchanges-should-drop-their-fees-and-profit-margins/

Just because Italy is now anti-cash doesn't mean they are pro-Bitcoin.

Just because China accelerates blockhain development doesn't mean they are pro-Bitcoin.

Things aren't that simple, but I agree that this is one step closer to Bitcoin to get adopted there.

It's pretty complicated. You need to look at their track record, maybe who is behind the company, look at reviews on the internet and if they are or aren't regulated by some entity. If you're looking at casinos you might want to check if they have a license, but in the crypto space I haven't seen many casinos with one.