Bitcoin Forum

As many of us are into cryptocurrency for the apparent reason - Money. Is there anything else your crypto offers?
For instance, Ydentity helps you to secure your identity by creating a unique identity for you with the help of a simple survey.
Please share if there are such innovative uses of other cryptocurrencies.

Technology.
Is this "Ydentity" is a sort of project or an upcoming ICO that catch your attention and does have that type of idea?
Cheaper fees, when bitcoin or ethereum's network are congested there are other options that we can choose so it's still a feature that can be offered.
Most of the innovative features that I'm seeing with ICO's are through data, records and security features.

the benefits of the coins I have are decentralized blockchains, trusted security systems, increasing prices, ideal for short- and long-term investments

Tronix (Tron) has the power to decentralized the web. After the launch of tron mainnet, developers can directly create, share and own the content by using the tron network. It will erase the middleman between the developers and consumers, it will be beneficial for both ( developers & consumers).    

One major benefit that all who are a part of crypto are universally enjoying, apart from the monetary one, is experiential education towards building and becoming part of a changing future.

They don't offer any advantage for me, I use privacy coins but I do not care about privacy of my transactions. But low fee coins are the best for me.

Many companies behind cryptos offer reliable physical projects. For me technology is much more important.

XZC,XMR and Zcash are offer private financial transactions
BNB offer low trading fees in Binance Exchange, ETH as a gas on Ethereum platform. And many more..

I invest in MINEX :-\ This coin has a banking system. It brings a good profit per month, with a stable rate

One thing I like most in cryptocurrency is that you can be your own bank. You don't have to rely on banks anymore. You can use it directly for payments without any third party and as quick as possible.

Ydentity is a project that offers the world’s first and only risk-identity token. The first round of pre-ICO is now happening and will go on until 21st May. You can check the website for more details! ydentity.org

Does it offer total security for your identity?

Sounds interesting. If I’m not wrong, I guess that’s what every crypto does. Avoiding the middle man, that is. Does it offer a new identity to the user? And total security to their identity?

So true! I’m a firm believer of cryptocurrency, and I’m sure it will change the entire financial and economic structure of the world market.

securing what kind of identity? I follow cryptocurrency on the grounds I want to make a profit, because I'm not working in the real world, only in the crypto world is I can make a lot of money.

Cryptocurrencies aside from money offers other opportunity to learn more on digital assets.  Digital assets is the automation of things in the internet that affects oue business and personal life and cryptocurrency is the future for organizing this digital assets. Zenodys has seen this opportunity by organizing the digital world with blockchain.

How about creating a new and unique identity as an added feature? Wouldn’t you be glad if the token you are using can actually prevent tracking your identity while you are surfing the web?

That’s great. How about securing your identity so that you can surf the web without worrying?

Is there any other benefit? Like creating a new identity? Or analysing your psychological profile to create a risk-identity token?

I don't think these altcoins are any help to us.
But the only thing I know is that the whole market is now speculative and easy to make money.

banking system coins are centralised platform so I don't like this coin because it is not completely transparent in peoples. Some peoples are looking to centralised platform but this is not a promising platform in future.
If you really believe this coin you can continue the journey or if you need potential platform you can search some other coin.

There are many advantages for crypto currencies. It can be utilized in many aspects such as administration, logistics, healthcare, etc. to speed up the process and make it more secure. The most interesting application of crypto currencies for me is the potential of a coin to be innovative in an industry thru its use-case. Just like DIGIWAGE which promotes decentralized freelance workplace which has the possibility to shape the future job industry.

There are some obvious use cases in crptocurrency. I don't know many, but I will write some that I'm familiar with, just to tell there are various use cases, but I'm not going to write many here.

1. Binance (BNB)
BNB token holders get 50% discounts when trading on binance exchange.

2. Kukoin (KCS)
KCS holders receive a certain portion of profits from kucoin exchange trading.

3. Cindicator (CND)
with certain level of CND tokens, holders receive no. of trading signals (not just within crypto space, but in traditional stock markets too).

4. Privacy coins (like Dash, Monero)
When governments ban some organisations, or when ordinary citizens want to donate but like keep privacy these tokens can be used.

5. ETH, GAS
Dapps run on these platforms need to pay transactions fee using their own tokens (e.g., ETH for dapps on ethereum platform).

These are just 3-4 use cases, but there can be 100s of use cases, and although we are still early in blockchain space, in 2-3 years, you could see in many day-t-day activities using tokens.

The main advantages of this coin are:

- creation of reasonable contracts
- smart marketplace
- coins that are completely anonymous
- coins that have a very low transaction price

It seems to me that these are the main advantages of having the coins that I keep.
But I believe that the main advantage of crypto is low transaction prices and anonymity.

    I earn money every month with my skills and full identity displaying in real world but cryptocurrency gave me an opportunity to earn big with my identity hiding the name ityandsyn, and using the technology like computers and smartphones, I was able to understand blockchain technology and joining this community. The big advantage is, I earn money even I am in my room, setting in front of my computer.

No thanks, this is nothing new as the other ICOs that are now on progress.
You didn't understand the whole context of the topic. It's not about you that you are working full time with bitcoin or altcoin or with any source you do but it's about the technology that the crypto's that you are holding.

Fintech, Bussiness, Health and Start-up Related projects

considering the pre-ICO this month, I see the weakness of marketing strategy, is there a thread announcement about "Ydentity" is?
I might be interested in seeing what you are going to offer

They have a lot of advantages. For me , I start being curiosity crypto , blockhain world with cryptocurrency.It helps to research new technologies , projects.

Anyone here storing minexcoin?  ;D . With the purpose of money and also the passive income of its parking the other reason why im holding it is that it could be a potential a future bank. Its roadmap is really promising and also their future innovation of it. Now they are starting that interest is like with the interest of the real banks so if it is successful then later on it could be the next future bank of the crypto

Cryptocurrency did not give me an advantage since I bought it. The most important advantage for me is to make money. I've been waiting a long time to make money. I hope the market will recover soon.

Nothing so far, all the 'crypto banks' charge higher fees than my normal bank. None of the ICO projects seem to of taken off well yet either, I'm hopeful for some though.

Actually from the word 'cryptocurrency' alone is clearly visible. Which means the currency crypto. If talking about cryptocurrency can be used in other fields certainly will not be far from the economic thing.

It offers me tons of fun.
i enjoy trading, doing bounties and reading people predictions in crypto.
I enjoy every profit i got, every loss i take.
It just like gaming for me.

I am an investor in Bitcoin Cash.

I like the convenience and speed of transactions in btc.com

It's good that Bitcoin cash is being introduced into many spheres of people's lives. This allows BCH to become more recognizable and grow in price

Money is the reason that is why many people want to get benefit they can buy in a cheaper price then it can generate a lot of profit, technology is given which is very convenient for everyone to make faster transaction and I hope they work on the fees and also the good thing crypto is decentralized.

I get some advantages from cryptocurrency. First is to earn the money by doing the investment or trading or even by bounty hunting.
The other thing as the advantage is the use of the cryptocurrency itself. As the technology, it will be much okay when it can be used for ready-products. It can be also for payment method around the world without wasting much times and fees. Crypto may also act as the new ways to develop the technology that help some good points such as for the ready-product usage to sell or rent.

Cryptocurrency brings me a lot of advantages like its transactions, asset transfer, fee, international trade, securities,... Of course profit is the best one for all investors here. Besides strong securites also made me trust it. Once a cryptocurrency transfer has been authorized, it can’t be reversed as in the case of the charge-back transactions allowed by credit card companies.