To be honest, I'm not 100% here for the profit. I want Bitcoin because I could use it to for daily transfer of money around the world. There's a company that handles Bitcoin wallet which we could use to pay bills, buy loads, game credits and more. So I don't really care much if Bitcoin refuses to go bull.
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That's what I noticed too. It's really hard to get a decent project nowadays so I abandoned bounty hunting. I'm still waiting for things to start going well again before bounty hunting. ICOs are dead for now. There are way too many scams than legit ones and legit ones don't guarantee success. People are not forgetting ICO, it's just that, they are avoiding frauds for now.
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Because that's a bad comparison. Handbags are tangible and can be used in the long run while 99% of the altcoins today are cryptocurrencies that don't even have any real usage to the world. Handbags have a set price while Bitcoin and altcoin doesn't. Even if it's 80% it would not guarantee a profit.
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Yes, it's dead for now. You really can't expect to get some profit in this bearish market. I would say that you should go and just relax for a bit. Those who are saying ICOs are dead are still hoping that they would gain some profit from those bounties they've participated in. I suggest that you invest in something that has a product already, something that has some use.
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I see. You should first read what Bitcoin really is before you invest, you should know what you are going to invest to because most of the time, people just put their egg in a single basket hoping to get rich, and when a dump happen, they follow. If you are still new, Investing in Bitcoin is a good choice because it's down right now and it naturally grows unlike 99% of altcoins.
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You can't stop people from comparing those cryptocurrencies they don't know what is the difference. I would say that you should just ignore them and move on with your life. Dumping is happening because investors and hope for something are not enough. Without any new development, no new investors would hold.
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Because Bitcoin is very useful for me. I use Bitcoin without any hassle of transferring money around the world. Tax is not a problem here so I could use Bitcoin freely without the worries of the government. It does gave me freedom that the others doesn't have.
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Have you heard Bitcoin 2? If you haven't yet, you should check that out. It is one of the most promising projects this year in my opinion and has been having good development so far. The price is fairly cheap and more development coming soon. You should check this out
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Nope, not my thing. KYC is what makes me stay away from projects. I remembered I joined the bounty campaign of that project months ago but my reward hasn't been given yet. There's no way I'm giving my information to something because I'm not sure what will they do to it especially when information can be sold.
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Everything has its own pros and cons. Yes, we are using a decentralized technology but I think it's normal to happen even though it's bad. We really can't avoid regulations especially in these times when scams are everywhere. The Government would take some serious actions some day.
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That's actually a nice move mate. Compared to last year's price, Bitcoin today is fairly cheap and with that, congratulations in achieving at least 1 Bitcoin. If you are looking to make a profit, always set a price goal. You might get greedy enough to miss a good price.
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What do you mean by profitable? Really, it depends on how people use cryptocurrency to make a profit. To be honest, 2018 gave me some decent profit and at the same time lost some, but that's normal. I think 2019 would change that in a good way because there will be some big news soon.
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1. There's a possibility that most altcoins would reach its all-time high when Bitcoin reach $20,000 again.
2. Only select few would be an alternative because of how the ICO had gone through. Most are scams and failing. Only a handful are able to make a name in the crypto world.
3. I believe that old coins still have better chance to grow than new coins. Most new coins nowadays are pump and dump which some are relying on and it's not good. I would just hold my old coins which is proven to make me more profit.
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That's not going to happen. 90% of the projects being made are scams trying to make some quick buck. They won't pay people even a cent which is why they pay token which they made and which cost nothing to them. That's the reason why I don't bounty hunt now. I'll wait for a couple more months to see what will happen.
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Actually, that's not new at all. There are already a lot of Bitcoin ATM's are in place but anyway, this is still a piece good of news for everyone, gamblers and traders alike. Imagine having Bitcoin as a legal currency around the world, that would be awesome.
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ADVFN "opinion", they haven't proved anything yet. You are making a statement that contradicts your points. This is just predictions, meaning, there are chances that this will not happen and that you will only lose some. Right now, you need to sit back and accumulate more Bitcoin if you want to profit in this bearish days.
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What I mostly do is pay bills using cryptocurrency because here in my country, a company handles Bitcoin wallet and pay all the taxes where you don't have to worry about any purchases made. Also, it is faster and that my family prefers this over others.
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Well, I guess that's good news though. There's already a lot of betting online in cryptocurrency but I guess a new one would spread the name of Bitcoin even if only a handful of the audience got it. Now let's see if it will last or they will remove it.
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