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Topics - Gastonic

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Hey guys, I just wanted to share. I've observed and read many articles too regarding this topic and I would like to hear your opinion regarding this. Do you think that the cryptocurrency market is on a downward trend? Would altcoins be following this trend as well? Since Jan 2018, the market of crypto had been moving up and down way too much in a very short period of time. Do you think it is possible for an entity to manipulate the market so big?

17
Cryptocurrency discussions / My Future in Crypto
« on: September 24, 2018, 03:59:20 PM »
Yes it is good if you don't have a job before joining crypto world but I will like to seek ideas from those that have reasonable jobs and I really want to know if you truly believe in Crypto so as to give away your job and fully dedicate full time to crypto or its not worth leaving everything because I see it as a long journey which I need to learn everyday.

18
Bitcoin Forum / Can bitcoin replace money?
« on: September 17, 2018, 11:23:02 AM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

19
Japan’s financial regulator has recently unveiled the current state of the crypto regulations in the country. Three crypto operators are currently being reviewed. With 160 companies wanting to enter the space, the regulator plans to add more personnel to help review new applicants. In addition, a self-regulatory plan for crypto exchanges has also been submitted to the regulator.

Japan’s top financial regulator, the Financial Services Agency (FSA), published several documents from its fifth crypto study group meeting on Wednesday, September 12. The current state of crypto regulations and exchange registrations were discussed.


https://news.bitcoin.com/japanese-regulator-crypto-regulations/

20
Cryptocurrency discussions / Concept of stable coin
« on: September 17, 2018, 10:53:49 AM »
According to Forbes magazine explanation A “stable coin” is a cryptocurrency that is pegged to another stable asset, like gold or the U.S. dollar. It’s a currency that is global, but is not tied to a central bank and has low volatility. This allows for practical usage of using cryptocurrency like paying for things every single day.
  Imagine buying a coin for 2$ today and discovering tomorrow that it should have be 1$ price changes like this can be.
 Tether is likely the most stable coin at the moment with a trading volume of about $3,548,100,000, market cap of $2,520,980,231and a supply of 2,507,140,814. There are still some project working on stable coin. A stable coin in a way acts as an asset and not a currency Essentially, it would act as a better link between fiat and other cryptocurrencies, especially in applications such as shopping and a better store and exchange of value.
                 How is a stable coin achieved?
      Stable coin are mostly created out of pegging The stablecoin can be pegged against the US dollar, a consumer price index or other world currencies. Central bank once tackled run away inflation by currency pegg
the peg must be kept up inside a specific band of economic situations. In the detailing of a money peg, what the maker or controller must decide is the sensible furthest reaches of the market band inside which the cash peg can be kept up. You need to choose the band of market conduct that peg can sensibly bolster. For instance, what amount of unpredictability will it withstand? What will be the cost of keeping up the peg? Will there be straightforwardness that enables brokers to watch the genuine economic situations lastly, will it be anything but difficult to dissect the range or band of market conduct inside which the peg can recuperate from unfriendly economic situations?

   Every one of these variables are considered when planning a stablecoin. More educative thought and ideas are most welcomed

21
Cryptocurrency discussions / Buy in ICO or wait for exchange?
« on: July 29, 2018, 06:21:59 PM »
Hi guys, as we can see and observed recently that many ICOs go below the ICO price when it hits the exchange. Do you think it is a smart move to wait to the exchange and buy the token you want?

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