Glad to see the progress on stocks! I'm a big fan of the game, so I've got quite a lot of tokens won&bought. Better hodl them until gldr trades higher.
Post
Topic
BoardBitcoin Discussion
Re: What if Government bans Bitcoins?
by
waldo13
on 01/10/2018, 13:24:14 UTC
Let us all pray for this never ever happen. Many people would lose almost all their money.
Post
Topic
BoardService Announcements (Altcoins)
Re: 📈SociumTrade 📉 – Social Trading & Investment Platform
According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
Agree. Btw, not only bitcoin but much more other promising cryptocurrencies - skycoin, cryptyk and many others can become widely used. Maybe there even will be a way to pay anywhere in any cryptocurrency you'd like.
I never understood why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.
So in Short - ICO's are killing Bitcoin and CryptoMarkets.
Not all ICOs sell for fiat. Some send payouts in eth, for example. I see your point, those who want to raise easy money destroy the market. But that's how it always worked, far before the crypto came in. There should be some regulations, in order not to kill the potential of bitcoin.
Many believed that the inventor of Bitcoin wants to remain anonymous to avoid legal consequences as what happened during 2007 about E-Gold, one of the first digital money (Bernard, 2017). On the other hand, I think it would be better if the founder of Bitcoin will reveal his identity since many countries recognized the essence of this cryptocurrency.
If this might happen, it will contribute for more development of digital currency and regulations in Bitcoin procedures. Also, the acknowledgement must be given for the person who invented the most efficient digital currency in our society.