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No just cryptocurrencies, anything has value because people agree it does.Diamonds would be worthless if people see them as just pebbles.Bitcoin's value will grow as more persons join the network
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The government don't usually get in the way of you making money online. But when something goes in the millions of dollars worth then they take notice and take action. They also take notice when people complain about scams. On one end, they just want to protect their citizens from scams. On the other, they want their share through taxes.
That is also true, the presence of regulation invariably provide a legal frame work or guidelines that help protect the citizenry from unwholesome practices and scam projects. |
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Countries giving approval for bitcoin use simply means there are no legal restrictions to the use of bitcoin either as a means of payment or as an asset class.They can access banking facilities with ease
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Aday trader should be contented with 1-3 percent gains on daily basis if he intends to be consistent in replicating such frequently.Those who wait for bigger earnings usually end up losing money.
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It seem that almost all ICOs that get listed on exchanges usually plunge in price soon afterwards. Are bounty hunters responsible or is it as a result of the general bearish market condition?
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It is hard to tell how far bitcoin can go in a short time frame.The prediction that bitcoin will hit 50,000 USD by the close of the year is a possibility.I guess we just have to wait and see how events unfold.
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Generally crypto currency is the future in the world of payment. Since digital technology is developing at a fast rate. And the crypto currency should be the main means of payment for everything.
Rightly so, he future of money is in a decentralized system,phasing out the "gate keeper" or middlemen who exploit the system.Imagine you can pay as high as 8 percent to send money from one part of the world to another.Meanwhile it will be less than 1 percent for cryptos |
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There is so much future for bitcoin and the blockchain,more persons and institutions are beginning to see value it holds.It is only a short while for it to go explosive and mainstream
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Try to stay away from projects that guarantees or promises huge returns on investments.they are likely to be scams. Also pay more attention to projects that already have an MVP. Scammers are less likely to develop any MVP
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You are welcome. First of all, it will be of help to you to go through some of the rules in the beginner's section.you will learn alot by reading people's opinions and suggestions.However,do not take them as financial advise, only as a guide. Good luck
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They list is dynamic,some tokens get delisted due to poor support or technical problems while new ones are being added.I think it is nice,it encourages competition and therefore better product delivery.
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Given the fact that cryptocurrencies can grow astronomically in price within a short time,I prefer leaving much of my cash in cryptos and only a smaller portion in fiats for my daily expense,the risk/ reward ratio is worth it.
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I do not think it is bad for cryptos in Israel, at least they are allowing exchanges to operate which is a good sign,some countries outrighly banned crypto-currencies.
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The recent hacks of major exchanges are the bane of the crypto markets.maybe the market would have recovered by now
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Holding seem to be the last resort in a bearish market. Prices are low and selling will invariably means one is selling at a loss
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Fear of the unknown is what keeps most of us from investing or buying more coins when prices are down. Some day bitcoin will be the envy of all.
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That is so painful. It is always best you get your links from ICO rating sites, they usually have the correct links to the website and social media accounts.My sympathies please
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I think a cryptocurrency with volatily can still be used as money since it has a value which can be traded or to buy a product.
It can be used but only a few person would want to take the additional risks associated with constant changing rates in the market.it is one of the reasons cryptocurrencies debit cards have not found much acceptance generally |
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Price volatility is one of the strongest argument against bitcoin for its adoption as a currency. Merchants do not fancy uncertainty in prices when they deliver services to their clients.it will take a while for the volatility to be resolved because it is in a way related to adoption
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I noticed a lots of coin on exchange site which are not listed on coinmarketcap. Should I buy those coin/token?
Then do not invest on those coins which are not listed on the coinmarketcap because i believe that those coins are not officially launched and maybe they are still on sale that's why they are not listed. A lot of them are listed, some on decentralized exchanges,it could be the volume is currently low or that the team have not officially requested for such. Sometimes it can take a while |
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