If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
I don't support the idea of every country owning its own cryptocurrency. But if by peradventure it happens, I believe the USAcoin will be more expensive because of a possible more publicity coverage. |
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Money is what the society accepts to be money. Human history has seen so many transformations when it comes to the subject of money.From barter trade to fiat money and now digital currency. But some nations are so rigid to change.well they will all regret soon because no country can stop cryptocurrency.
I want to say that at this point, almost everyone has no option other than to accept Bitcoin. Who ever fails to join the moving train now will definitely miss out later in future. |
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Yes it is good if you don't have a job before joining crypto world but I will like to seek ideas from those that have reasonable jobs and I really want to know if you truly believe in Crypto so as to give away your job and fully dedicate full time to crypto or its not worth leaving everything because I see it as a long journey which I need to learn everyday.
I don't understand why you said 'it is good if you don't have a job before joining crypto'. It is even best for you to strive hard to have a job even before or after joining crypto. A job is a better backup. |
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With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
This mistakes to me are not straight forward. For instance, how does electricity billing actually make you poor in crypto? You don't bill yourself. Besides, if you are not a full time miner, electricity is not an issue to you. Your phone or laptop even consumes less power than your TV and home theatre. |
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This is very wonderful. I have earlier read in a post that Germany have accepted bitcoin as a legal tender. If the news of this 25,000 online stores is actually true, then cryptocurrency will be on a very smooth run next year.
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Your guess is as good as mine. ICOs are gradually fading out because the spoilers have over saturated the cryptocurrency market. They have scammed too many people which is why there is no more interest in it. |
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5. Leave your money in the electronic money floor
Please what do you mean in #5 by 'Leave your money in the electronic money floor'. Could you please throw more light on this? But I think the other mistakes you listed are quite real. |
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The crypto market can't always be green. You should expect it to fluctuate between high and low prices. That is the market correction that is often being talked about. Therefore, don't be surprised when ever the market is red.
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Dear investor!
I have never invested in any ICO. I saw that most of the token / coin after being list on exchange was depreciated by more than 50%. Are you disappointed or all of that is in your plan ?
Thank you!
I don't think anyone is comfortable with the new trend of ICOs of always listing on exchanges at prices far below their ICO sales price. It means it doesn't worth buying during ICOs anymore. It is best to wait till exchange listing and pack as many quantity as you can. Very cheaper and safer. At least no scammer will run away with your money from day one in the name of ICO token sales.Let it remain this way until the ICOs start doing something right by ensuring they don't list below ICO price. I see no need by a token at $0.01 and the same token gets listed at $0.0001, wtf! |
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Bounty hunters are doing their own job similar to the kind of daily job you may do when gainfully employed by a firm. If a bounty hunter can be very devoted to his tasks, he may even earn more than a regular worker employed in a company.
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I somehow believe that people's appetite to hodl has actually decreased. Most people are becoming more impatient when it comes to waiting for the maturity of their crypto investment.
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Bitcoin in my opinion is the greatest discovery so far in the world's financial sector. It will make a huge positive impact in the financial world and provide people an alternative to transaction payments.
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Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin. Does the government mix in managing transactions for each user? If the government mixes in managing transactions, will they take advantage of every transaction  What is your opinion.? Some countries have already given bitcoin the approval to be used freely and this have not made much of an impact. But I believe if the world powers or the G8 countries approve it, the price will skyrocket. |
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ICO era is gone! Stop feeding serial scammers. Stop funding these cash grab nonexistent projects.
The World Do not need new tokens at all. We got enough shitcoin for next 100 years.
Well if there are a real project (With trustworthy Team) which is really willing to distirbute Their tokens! There are Many ways Without Doing ICO!
ICOs should just get funded from VCs and do an airdrop to community.
Most ico can be done open source on github for free.. the greed in creating all of these project is stifling growth. A lot of innovation come from free open source project from passionate developers.
What Do you think guys ?
You made some valid points. But I still feel we should give ICOs a chance. They are still the major means by which the new token projects get fund for further development and listing on exchanges. |
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There is nothing like free tokens for bounty hunters. To me, they are even sometimes underpaid for their work. I can't imagine a situation whereby a bounty hunter works for 4 months, doing several tasks, and yet get paid with tokens that worth less than $200. I am sure most normal jobs even paid far better than that.
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Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.
please share your thoughts in favor of mine statement or against.
The benefits we enjoy in cryptocurrency is far greater than the risks involved. The problem we have often created for ourselves is that we always overblow the risks in cryptocurrency out of proportion. |
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It's better to earn real tokens, not fake ones as most of these ICO's are scams and they promise in any method to scam people. I joined so many Airdrops, bounties, but only 2 to 3 paid me and they were in less price. I wasted my time by promoting them on Social media sites.
I suggest you to discover much, but after all these also they don't pay anything for us.
You must always be ready to rise up again to your feet after every failure. |
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There are many news about Malta and the blockchain. It seems that the country is really making serious moves and preparing the a regulatory system to impulse the Blockchain. "Legislative action
On July 4, the Maltese parliament passed three bills to set a regulatory framework and drive innovation in blockchain-like technologies. The government hopes these laws will attract foreign financial tech companies to establish themselves in the country."These are some news related to the case: - Blockchain summit in November. Here.- Malta in CNN news: " Wants to become the Blockchain islands" - Bills passed here. And the interesting thing is that they are starting by providing full clarity, which could be done by any country, is just that most seem "to busy". To me, the small Island is already asserting itself as a strong force to reckon with in cryptocurrency. The country will benefit immensely from the several blockchain summits and events it has played host to. |
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Should I invest in cryptocurrency and ICOs?
I know you are still contemplating or probably scared because of the many disappointing stories you have heard. I will still strongly recommend you to invest in cryptocurrencies and new ICOs |
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Yes definitely. The Fiat are as important as the cryptocurrencies. If you take away the fiat, the world economy may destabilize. Every commodity is pegged to one government fiat currency or the other.
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