No, it isnt. Ethereum has own price which not depend on other major crypto currency even bitcoin but Bitcoin may influence all altcoins prices because it is the oldest and strongest of crypto currency.
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As long as it has good goal for better transaction or payment services I think it is should be done. If you think that Bank work together with Bitcoin, I do not believe it would happen because Bitcoin is the opposite of banks.
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Nothing I feel about the bitcoin drop as I know that it is the characteristic of Bitcoin, the price is volatile. So, it should be known and understand first before dealing to get into Bitcoin. It is common and natural if you are feeling shocked or regret about the market drop as you said that you are new in this crypto currency.
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I believe that you are not the only one wondering about their assets , but it should be well known by all bitcoin and crypto user that there is no investment without lose. By risk people supposed to learn more and consistently. They should be realize everything has risks.
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Need or no we will never know precisely of the individual reason without any research or investigation to the partinent. When we show the development of technology, it has been unavoidable issue in the sophisticated era because blockchain is coming and brings the simplicity and transparent way. Regardless it is needed not, I believe that blockchain has huge potential offered to the customer. It will more rapidly improve.
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you are right that is borrowing more money will potentially trigger the rise price in everything. Therefore people should change the consumerism or consumptive habbit, they must be productive in life. Bitcoin is such as real fiat or paper currency that created in limited because the creator know if it it is created in a massive number of course there will not be a value for bitcoin. However, both are two different currency.
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It sounds extremely good and happy news for Crypto users or customer around the world, moreover for Indians people. It means that Cryoto is well recognized and improved, Crypto is improved towards better for future. Now it is happening in India, tomorrow it will be on other countries.
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One should be known and understand that is all investment has risk moreover investing in Crypto decentralized system which has no an entity control it. It definitely has higher risk the traditional or real investment. However, all the risk can be minimize and anticipate as long as the investor deal and want to learn before dealing to invest in Crypto. So, it can not be said that crypto investment is risk, indeed real investment is risk if we do not comprehend it well.
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I am interested in your word that they who say money is not everything are actually have much money, therefore they say as it. I never hear that kind of words from lower economic class of society. In lower class mind, money is big deal and becoming the main need before anything else. So, what people say commonly about money "it is not everything" is just a fictitious that try to get people believe or even to engage people to word better life and have positive believe about life.
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Bitcoin is exactly the opposite of what countries with a spiralling economy needed. Bitcoin is even more volatile than many hyperinflative currencies, it would be much easier if they just submitted their country to a foreign power for management, because obviously many of these countries cannot manage their own economy. Back to colonialism?
That is true that Bitcoin and other major Crypto are the opposite of conventional fiat/fiat currency. As we all know that the basis of Bitcoin is to diminish the transaction fee, it is obviously opposite to real fiat basis. However, it is just my personal opinion and I have no enough capacity to talk about this.
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As you said that when the price is down, it is the time for manipulators to control the market. It can conclude that the manipulators want earn as much as possible of ROI or earn extra money from the panic sell. They will not let the chance go, even they sell the own coins for dump.
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I do not do that, I search for bitcoin price by asking to my friends who have better comprehending about the market movement of its price because while I try to find it by my self, I often get difficulties to understand its movement. I know it seems as hanging out and depending on others, but I also try to search in other engine.
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That suppose to be happen, the existence of bitcoin is really useful. The owner or bitcoin holders should expend their asset for social problems as you mentioned. It has impact for the Crypto improvement believe as recently the negative believe about crypto currency is still on the growth in the people mind.
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That is probably right, but it is not only the factor of poverty. Being rich is not about what grade people have achieve or where people are schooling, it is about willing or want. Every one can become rich as long as they have willing and do effort to achieve it. And stupidity only small part of causing poverty.
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Yeah that is right that poorness is commonly measured by economical conditions. Someone is determined as poor by how much money they can earn, while the income is not enough to fill their needs, it is defined as poor class.
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Bitcoin and other Crypto currency is growing rapidly and it is becoming well recognized around the world, even now some countries has used this for means of payments such purchasing and other transactions. It is a proof that Blockchain technology used by Bitcoin and Crypto currency well accepted as the system and potential offers by it. However, it is quite difficult when two countries or more want to use same currency because they should be create rules to regulate the utility of that currency. It is obviously not easy to happen.
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Do you think Airdrop is effective to promote ICO projects? I think No. Certainly it may be useful to spread the name of the project, but will those people who know about the project with Airdrop invest in that coin? I think that they only to sell the coin which earned by airdrop cheaply in the market and dump the price.
How do you think about this??
Regardless it is effective or not to promote ICO projects, the fact that most all ICO are still using Airdrop as the way for advertising and promoting its projects. It means that Airdrop is useful and probably becoming an effective way. You questions probably raises as many scams Airdrop today and it raises a question on your mind about the effectiveness of Airdrop.
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That is the characteristic of Bitcoin and other major Crypto currency, this is what makes difference from other digital currency. The price is very volatile and it is become main reason for many countries not legalize crypto currency.
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No, they din't. The tokens is not freely distributed or given for the participants of certain bounty. The participants should do much effort and finish the weekly task of the bounty. And it sometimes takes very long time till the end of certain ICO, moreover the distribution often take more long time. SO, it is not free.
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That is individual right, every tokens/coins holder is free to do anything about the rewards. As bounty hunters, obviously they want get much from their reward therefore they prefer to sell on the top price of their tokens. And it is not new, I believe every investor already know about this, they will not be shock to see dumping price.
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