Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
In my own opinion, hackers will not be a problem in the future because as the technology grows then the security will also improve in the future and we are going to have safer transactions and wallets. |
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To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money
For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
In my own opinion it depends on the person where he will he going to invest his money because anyone can be wealthy as long as the person has dedication on his job or routine. |
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I went to my bank today to change money to foreign currency because I will be traveling abroad soon. I asked the lady what are the current annual interest rates if you decide to give your money to bank for certain period of time without being able to withdraw that money (Savings Account).
She said proudly that zhe interest rate is 1.3% which is the highest in the country. I was holding my laugh and smiled kindly to her and I said that even 1.3% is not enough for me.
What do you guys think? I think 1.3% per year is a joke. Money can lose that much value in one year so you didn't actually profit at all. What kind of interets rates do you get at your banks?
No matter how the banks create different options for people to place money on them, investors will still prefer to use their capital on cryptocurrency because it was more profitable. |
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As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.
People choose to work at home to earn crytpocurrency because it was more profitable and you do not need to pay for extracurricular fee's like transaction fee's and food or taxes, in this way they can have more income. |
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This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience?
In my own opinion, those loses are just your best experiences in trading which can make you become a better trader to avoid making wrong decisions in the future. |
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I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?
In my own opinion, cryptocurrency can be hacked because there are a lot of people who are moaning on their wallets that is being cleaned up in the market but i think that it will be depending on how good is the security of a market. |
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
If the price of fiat will crash then cryptocurrency will be even more expensive and people will be having a hard to to invest but it was a good thing to crypto holders because they can earn more profit. |
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Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
In my own opinion, in terms of cryptocurrency in the market, the price of bitcoins will grow even more because the price of bitcoins is depending on dollars as well so btc will become even more expensive. |
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Eight months ago, my financial situation was not good at all,
I work that way, My income was about 45 to 50 dollars in the month,
I was disappointed with my income
Than a friend of mine suggested me to work with cryptocurrency. But I had no idea about cryptocurrency. Gradually, I learned to understand a lot about cryptocurrency, cryptocurrency gave me success in life, Now my income is 800 to 1500 dollars per month. Now I am very happy and now I believe cryptocurrency may change the financial condition
Well it depends on how much capital you have if you are referring on trading, those people who are trading a huge amount daily are earning more profit more than other traders with low capital. |
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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.
In my own opinion, most of the people who invest on cryptocurrency without a decent knowledge on how the market works are really losing a huge amount of their investments. |
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Hey guys,
lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).
So my question is - do you sell now in order to get a cheaper entry soon?
I think you guys agree that there has to be a price correction in the nearer future...
Thanks for your input!
Its just $11k dollars, you can still wait for the highest price that might reach $20k just like what happened last year so keep on holding your coins today in order to earn more profit in the future. |
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Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
In my own opinion, yes it is possible if government will allow their own people in the community to invest on cryptocurrency or run a mining hardware, in this way they can earn more income depending on the market. |
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stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion.  Yes it is, there are people who are not doing their own research and just investing a huge amount, they have higher probability of losing a huge amount of their capital in that way. |
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I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
Millenials and old people have different mind set, those people who younger age want to earn more profit in a very short amount of time and in that case, cryptocurrency is the answer. |
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Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?
No, economy is just like a stock market, the wealthy or funds will be always depending on the people who are paying taxes, the only problem is some of the governments who are corrupted. |
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As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?
In my own opinion, both are profitable but if you want to earn a fast profit which you are using on your daily needs then i highly prefer that you should focus on cryptocurrency or bitcoins. |
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I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
I am planning to start my ow business in order to have a passive income monthly which is not require to always wait for the profit in trading, cryptocurrency is very helpful if you are just starting in life. |
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so we can not call that bitcoin is a new economy because not all people use bitcoin and yet even say that many people know the technology we can not even eliminate with people who do not know how to use this, another bitcoin can not run a whole country because no dollar is available from abroad and the dollar needs yoon because the world market accepts just an opinion
Yes bitcoins is the new economy, government can use cryptocurrency to improve their own economy by creating mining hardwares and allowing their own people to use cryptocurrency just like what japan is doing right now. |
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Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
Yes you are right, cryptocurrency will always grow because there are a lot of people who are investing on different coins which make the population to grow even more and the value as well. |
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Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
If facebook is going to join cryptoucrrency industry then it was a good news for everyone who are investing on bitcoins, it only means that the population of investors is keep on growing. |
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