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Topics - OptimusPrime

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1
Bitcoin Forum / The bitcoin price movement
« on: January 23, 2020, 08:53:15 PM »
Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

https://cryptoslate.com/analyst-this-dire-technical-formation-may-spell-doom-for-bitcoins-near-term-price-action/

What do you think is going to happen?  A lot of analysis out there already concerning the bitcoin price and recently another news came up that the most recent bitcoin movement wasn't far from the same movement in 2018 that pulled the price down to 3k.

I am sure nobody wants this to happen but I don't think we can control it

2
Tether announces the launch of Tether Gold, a gold-backed cryptocurrency

https://cryptoslate.com/tether-announces-the-launch-of-tether-gold-a-gold-backed-cryptocurrency/


I don't know if I should be happy or feel worried about this move, Tether have had some controversies on their way quite often which has not been good. Should we be comfortable with this?

3
Cryptocurrency discussions / Pornhub accepting Tether-trc20
« on: January 23, 2020, 08:32:45 PM »
This is a huge development as well if companies and projects adopt this method and allow cryptocurrency as mode of payment.  That will lift the industry

Pornhub adds support for Tether following PayPal’s ban last year

https://cryptoslate.com/pornhub-adds-support-for-tether-following-paypals-ban-last-year/

4
Cryptocurrency discussions / Indian cryptocurrency regulation issue
« on: January 22, 2020, 07:39:33 AM »
The Reserve Bank of India told the Supreme court that it did not ban the cryptocurrencies but took steps to protect financial institutions from being subjected to the risk associated with cryptocurrencies.

⠀https://coinnounce.com/indias-central-bank-clarifies-that-cryptocurrencies-are-not-banned/

Do you think this good for the community?

5
​​South Korea Might Re-Categorize Cryptocurrencies, Imposing A 20% Tax On Gains

South Korea one of the most progressive nation in terms of evolving technology adoption might impose a 20% tax on crypto gains in the country as per a report published by a local daily, The Korean Times. The Ministry of Economy and Finance has asked the Income-tax office to review the crypto taxation plan as well.

https://cryptoworldnews.us/south-korea-might-re-categorize-cryptocurrencies-imposing-a-20-tax-on-gains/

6
Cryptocurrency discussions / What's do you think about the UK next move?
« on: January 21, 2020, 07:03:01 AM »
​​UK’s HMRC Looks To Track Top Crypto’s, Including Privacy Coins With Blockchain Analytics Tool

Her Majesty’s Revenue and Customs (HMRC) in the UK has just opened a £100,000 ($130,000) for procuring a software that traces when cryptocurrency is being used and taxes don’t get paid.

https://cryptoworldnews.us/uks-hmrc-looks-to-track-top-cryptos-including-privacy-coins-with-blockchain-analytics-tool/

7
Bitcoin is only 117 days away from a block rewards reduction event that affects the number of tokens that can be generated every 10 minutes. Based on historical data, this event tends to serve as a catalyst that propels the flagship cryptocurrency into new all-time highs.

This is according to a source https://cryptoslate.com/the-upcoming-halving-could-push-bitcoin-to-new-all-time-highs/

What is your thoughts on this?

10
Cryptocurrency discussions / BULL RUN! BULL RUN! BULL RUN!
« on: November 11, 2018, 10:32:16 AM »
So it happens that every where in the crypto universe every single person is expecting a bull run Q4 of every year as if it's a norm now.

Well for me am happy the bull run isn't happening this year so that many can cool off and know this is not a yearly get rich quick business and people have to understand what investment are and invest wisely

I like the fact that the bull run shouldn't be on any specific date, day, or month and can happen randomly at any time to stop the impression of manipulation in crypto.

For me am happy crypto is responding to the market movement in connection with every other stock market.

What is your own thoughts?

11
Cryptocurrency discussions / Crypto exchange hack
« on: November 11, 2018, 06:46:49 AM »
Recently we have read so much about crypto exchange hacks and it is becoming a very bad impression to the crypto community.

1. In your own understanding,  what steps would you suggest to the crypto exchanges to enhance security to avoid hack.

2. What advice will you give to your fellow crypto community to protect themselves from being a victim of crypto hack.

12
Considering the turnout this 2018, what will be the best investment idea in 2019?

13
Cryptocurrency discussions / 2018 bull run
« on: November 08, 2018, 05:17:47 AM »
Hello all I want to ask if you think there will still a bull run this year? Considering the look of things?

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