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Bitcoin is going to stay among us during long years problably for uncountable reasons like huge number of faithful believers.
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On what grounds would you ever get rid of tokens with considerable loses? The cryptos could be back up in a short while and possibly reach one more time ATH.
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I have been involved the cryptocurrencies scene at least for 10 months and my knowledge indicates that up and downs most times are parallel to dollar cashing carried out by developments with need covering expenses
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We should assume that NEO will be one profitable project that should go up in value supported by awesome dev groups strategy for software development. I am hodling.
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My view is that 90% of bounties pretend to raise a community but these not really attain the final outcome.
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ICO is a place to make money in the modern era, because we only invest in ICO and wait until ICO we invest in exchange and the price increases and we sell to get a big profit, compared we invest in elsewhere.
ICO stands for Initial Coin Offering. It means that if we will invest in public for the first time, it offers us to buy a coin to change it for funds. It means someone offers investors some unit of new cryptocurrency or crypto-token for in exchange against cryptocurrencies like Bitcoin or an Ethereum. They sell their crypto for an exchange of ethereum or bitcoin. Technically, it can be in exchange for anything, as you can send fiat to many of the ICOs. I would only use ether because at least you have a smart contract. |
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It is a pity that he did not have sound knowledge of cryptocurrency before delving into it with all his life savings. He just followed the crowd. But all hope is
not lost all he can do now is just to hold as Bitcoin will still move up to his entry point and surpass it and he will be in profit. All he needs now is patient.
You have not lost until you sell, unless you have been trading on marging or buying futures. Your life will continue in any case, money is not everything. |
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I think paper money would still be existing for about 50-60 years. Money is still safer compared to cryptocurrencies and is easy to regulate. Online currencies can be counterfeited way more easier that money.
Paper money and books are still there for a good reason. Particularly, because they can exist regardless of any electrical supply. We tend to forget that you donīt a wifi everywhere. |
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Better tell another person about that project so you and your friend not got scammed. Also post about that project in forum like bitcointalk or redit or any other crypto related forum. Make sure you have enough evidence to tell that project really scam not just some accusation with out proof
I think that you have hit the right spot. The community is tired of the FOMO and the FUD as well, so providing evidence is the key. Given that it is not very common to find it, I think that either people donīt research or that they donīt share the results. Posting this question is trying to create some awareness in the community. |
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If you find a Project or ICO that looks scammy, what steps do you take to warn the community? Do you just ignore and go on to the next one?
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completely paper money will not go away, this process is very slow, especially in the underdeveloped countries. in my own way exactly in 100 years)
With technology everything can be fast, now many studies to use digital money, and I think no more than 50 years paper money will disappear, and with bitcoin seems to be faster. The problem with technology is that it has many single points of failure for everyday use, so not a big deal to keep paper for that. Bitcoin will rule its own kingdom. |
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The "paper money" is still in very healthy conditions and it seems like it will stay like that for a long time. It is quite resistan for everyday use... no tech, no problems,...
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Wow, I just learned about the Dencity exit scam. It looked like a cool project, just two guys in the team but decent advisors... Now I donīt want to recommend any ICO.. DYR and do it well
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Almost all tokens issued are erc20 tokens.
There is fact a whole economy built on Ethereum tokens and projects. But donīt trust that too much, as these token could potentially be migrated to NEO if Etehreum does not continue improving. |
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This looks like a good resource. I would really like to have a curated and well evaluated airdrop thread or a blog. I think there is a business opportunity for someone who can put some time on it. |
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Bitcoin is good for the environment. The things that affects the environment is not the bitcoin itself but the tecnology that we used to generate bitcoin. Like mining and other power source that produced radiation.
Compared with the traditional monetary system, the energy consumption of bitcoin is not only its fatal wound, but can be said to be a very economical. Bitcoin consumes a lot of power, but it maintains the operation of the entire Bitcoin network supported by the network. No need for a banknote printing machine Mint, do not need the central bank and the banking system at all levels, do not need complex international exchange system. A systema such as bitcoin can also benefit from using the net services in places where there are more renewable sources or electricity is cheaper. So it is, in a way, decentralising the cost of the banking system. |
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Bitcoin is good for the environment. The things that affects the environment is not the bitcoin itself but the tecnology that we used to generate bitcoin. Like mining and other power source that produced radiation.
I would suggest that government in any country must have to adopt the renewable source of energy that is applicable to them such that people from that place may use this source of energy when doing the bitcoin mining operations which requires more electrical power consumption. With this, I would say bitcoin may continue to be good for the environment with no harmful effects to mankind and business transactions will continue to flourish. Renewable energies are also scarce, that means that even if you use renewable sources, you are using electricity that could potentially have other uses, so it is not impact free in any case. |
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A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".
To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.
Thinking of all that, would you still say Bitcoin is bad for the environment?
If you add up the total power required for the visa banking system, all the ATMs, all the card machines, all the servers, I am pretty sure it exceeds bitcoin. In any case, power requirements should never be used to put something down. Energy production via renewable sources is increasing, and an increase in power consumption might actually promote investments into better renewable tech. In the end, energy will be less of a concern when our production easily exceeds our usage (fusion anyone?). That is correct, we must look at bigger picture here. We can not speak about bitcoins power usage for mining, and not speak about banking system that we have now. For people to be able to use bitcoin, we do not need banks and many other things that comes with banking system (but i believe that banks will find their way into dealing with bitcoin). All we need are those miners, which use less electric power than all banks. Also there are people in Sibir who made heat system for their houses from crypto miners, which mean that power that miners use are not just for mining. From this even a person which knows nothing about bitcoin can see that this is nothing bad a farce. In which bitcoin will be presented as an bad for our environment. There is no denying that we need to do something about energy production via renewable sources, because we have only this planet. I also read an article in a blog that compares bitcoin use of electricity with many other life activities, such as the light on futbol stadiums or the excesive lighting of many cities, not to mention heating waste. |
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Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
I also put aside 20% of my daily jobs earning as saving. And then the what's left is I budget it. It has works wonder for me up to today. I'm glad that I'd listen to my parents early on regarding saving. You might try it if so see if it's fits you. Others do to the opposite, they do the budget first and the rest put into saving. I guess you have to try and experiment it yourself. And always ask yourself if you really need or just want it before spending your precious money. I agree with your opinion the best tip to save some of our money we try tube and if we have more money we can also tube besides, we also have to manage our money, so we can save our money. how to finance finances how to make bookkeeping so we know spending every month we spend how much and our income we can also know. The rest if there is money left over that we have tried to collect. There also we should be able to refrain from buying something we do not need. This is the best way to save. Set aside first 10%-20% of your salary or earnings before you spend it. This way, it will help you to budget what's left with your money. It is like, Save before spend. Some of us do spend before save. Most of the time if you spend first before you save, there's nothing left anymore. I just donīt understand how many times you need to say this to people. It is just a very basic concept: You donīt have it, you canīt spend it. Anything else gets you in trouble. Is tried and tested. |
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I donīt think there is safe investment at the moment, so keeping it under the couch for a month or so would be your best option to avoid problems. Letīs see how it goes later in the year.
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