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Author Topic: Will cryptocurrencies like Bitcoin ever gain mass adoption?  (Read 44396 times)

Offline Humble Trader's Fx

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #390 on: October 29, 2019, 01:16:52 PM »
Another RAT is on the loose!

https://medium.com/technicity/another-rat-is-on-the-loose-7969624424bf

Current digital ‘hot wallets’ & other Crypto infrastructure face numerous vulnerabilities in the form of hacks, attacks & unexpected losses. In the first six months of 2019 alone, Cryptocurrency thefts, scams & fraud worldwide have led to losses worth approximately $4.26 billion. Although insider thefts were the biggest offenders according to the report from Cipher Trace, external threats remain on the rise as well.  :D


Regards,
HumbleTrader

« Last Edit: October 29, 2019, 02:57:55 PM by Humble Trader's Fx »
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.


Offline Humble Trader's Fx

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #392 on: October 31, 2019, 10:21:25 AM »
Meanwhile, Swedbank laundered 100 billion... https://finance.yahoo.com/news/sweden-considers-sanctions-against-swedbank-072850989.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKppLb-Ytyj1p25E85wCu2FP_wIb3D0F1qdcZE5l5yoDNYq624yrlf5Fbkr-Al0diQ-ZcwfGl9YX5HSWCa5TILVPyfFYNwD6UJPN0bpzvHhfV8CQe9yeqUxAPp3ppsGzTTToa-QVQdVEGAl-a-2ms2sYRX7Gqhb23B8mS5JTC2PI

Crypto fraudsters are much easier to find and punish than FIAT criminals. If you are a criminal the best option is to stay with FIAT...

That's very reassuring. I am sure crooks all over will appreciate your guidance, they might even vote you in as Godfather. Just don't mess up the numbers; Fiat currencies, are used more than 1000/1 compared to cryptos, which is a good thing altogether.

Regards,
HumbleTrader
« Last Edit: October 31, 2019, 10:23:19 AM by Humble Trader's Fx »
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline iMusingKiMi

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #393 on: November 08, 2019, 01:06:54 PM »
Maybe a break of 9600-9700 should be a good time for another rally.

Offline iMusingKiMi

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #394 on: November 08, 2019, 01:12:51 PM »
Earlier this year, Facebook announced the launch of its very own cryptocurrency, and unveiled a surprisingly long list of endorsers who had joined the non-profit Libra Association the company in charge of operations among which were PayPal, Visa, Mastercard, Spotify, eBay and other global businesses.

Now part of those same advocates, namely Visa and PayPal, are reconsidering their early, seemingly irrational, decision to back the new crypto coin. The list of reluctant names grows ever higher, as uncertainties pile up. Bloomberg reports claim that concerns started arising over maintaining positive relationships with regulators who have reservations about the project, and that Facebook and the Libra Association had mislead them into thinking that regulators were fully on board with the project.

It is less likely Libra lobbyist can win over lawmakers, especially US lawmakers because it is a huge threat to USD. This explained why Visa and Paypal withdraw from them.

Offline Eliza Abrams

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #395 on: November 08, 2019, 05:29:10 PM »
I wonder who else will withdraw from Libra. Who are the other backers?

Offline Humble Trader's Fx

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #396 on: November 08, 2019, 05:43:30 PM »
I wonder who else will withdraw from Libra. Who are the other backers?

The US currency is the strongest weapon the US has in its arsenal, stronger than all its conventional weapons. With this power, it controls the world; take away the US dollar and the US is toothless.  Only the naive and fools would think that the US will ever give up this power and accept any Mickey Mouse currency (Crypto) to replace it.

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Eliza Abrams

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #397 on: November 12, 2019, 04:49:15 PM »
New study reveals a single large player behind Bitcoins $20 000 peak two years ago.
According to the study, the financial manipulator is only one account at the world-known crypto exchange Bitfinex. The account in question was able to influence greatly the demand for bitcoin via extreme flows of tethers. Through such a way bitcoin rose to an all-time high of almost $20 000 in late 2017.

Well, that makes cryptos look really bad.


Offline oportunis

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #398 on: November 12, 2019, 05:02:04 PM »
New study reveals a single large player behind Bitcoins $20 000 peak two years ago.
According to the study, the financial manipulator is only one account at the world-known crypto exchange Bitfinex. The account in question was able to influence greatly the demand for bitcoin via extreme flows of tethers. Through such a way bitcoin rose to an all-time high of almost $20 000 in late 2017.

Well, that makes cryptos look really bad.

There is no proof of this... However it could be true. The 2 bots used in Mt. Gox pushed BTC to 1k few years ago. The market is small and can be manipulated by big players.

Offline drunkfx

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #399 on: November 13, 2019, 01:34:46 PM »
hey guys what do you think about bitcoin intrinsic value. Please share your thoughts, thanks.

Offline Loperte

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #400 on: November 21, 2019, 07:37:45 PM »
I think that Visa and PayPal initially supported Libra because they have seen huge earnings opportunity. However, after France and Germany banned Libra from their market, Visa and PayPal pulled back because they dont want to have any issues on large EU market. At least, this is my opinion

Offline Eliza Abrams

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #401 on: November 22, 2019, 05:40:56 PM »
It's very possible they don't want to rock the boat, indeed.


Offline Eliza Abrams

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #403 on: December 05, 2019, 09:28:37 AM »
Yep, Germany is about to pass a law to do just that.

Offline Zura

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Re: Will cryptocurrencies like Bitcoin ever gain mass adoption?
« Reply #404 on: December 12, 2019, 08:11:52 AM »
Bitcoin is already gaining momentum and I think that a massive future is just around the corner.

 

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