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According to me, when people say that Bitcoin is number one, that means the top coin in the cryptocurrency. It has first rank among all the coins and highest market capitalization. Besides this Bitcoin enjoys the first position because it was the first cryptocurrency to be launched so has that first-mover advantage. It has obtained the faith and trust of the crypto investors.
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I agree with your thoughts on this. Emotions are one of the most important factors that affect decision making. But emotions should not get over us. A good investor should be able to control his emotions for earning profits in the long run, as there are many ups and downs in the value of cryptocurrency. So what one can do is avoid checking the prices again and again, especially when the market is low.
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Bitcoin has managed to overcome major hurdles in its short but lively history. The cryptocurrency market does offer a means for diversifying the risk and hedge one’s portfolio. We can also now use Bitcoin for making various payments and even international transfers without much delay. The banks also charges fees for making transfers and payments, which can be avoided by using Bitcoin. In times of inflation, money stored in cryptocurrencies can prove useful. It has the potential to give competition to Gold, Silver, and established currencies like the US Dollar, and other assets.
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Btctalk name: SixofFive
Rank: Sr. Member
Current post count: 826
BTC address: 3PwLrYf6yqvV7w1rnUioDGTaDjMnaJnDjf
Wear appropriate signature: yes
Wear avatar: yes
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REMME appears to be a very good and promising project. Especially nowadays when so many fake and rubbish coins are coming up, it’s such a delight to see some project like REMME coming up. The coin offers so many advantages in security and protection of data. The companies can benefit greatly from this project. They don’t need to invest a big deal of money in the expensive softwares or hardware to protect their data and information with REM. The investors are definitely going to benefit from this coin.
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NEO is looking to provide solutions to the problems of the future. It is a great coin with huge potential. NEO is aiming to build the “smart economy”, a lofty goal that they believe requires “digital assets, plus a digital identity, combined with smart contracts.” You can invest it, it will be profitable but don’t forget to do your own homework, that is, research and study about it properly and then make a decision.
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There is no specific amount of money that can be earned with bounty campaigns. This depends on a number of factors like the ICO which is offering the bounty campaign, amount of coins sold, on your qualities also. You can definitely earn a substantial amount of money from bounties. But you have to very careful while choosing a bounty campaign as there are many scams in the market.
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No one will replace Bitcoin, especially from the existing cryptocurrencies. The Bitcoin has the first-mover advantage because of which it enjoys huge support, trust and faith of the investors in it. So in order to break that trust or take the position of Bitcoin, a coin has to really awesome in its idea. It should be capable of offering something new and useful service to the people.
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That’s quite a basic or general comparison. Nothing informative. Actually the point is that we cannot say that only one is profitable for mining. Both has its own advantages and disadvantages which can be read on internet. You have to choose keeping in mind which one is favorable for you according to your circumstances like electricity costs. If you need some advice than I will suggest that start with GPU mining and gradually when the ROI id done go for ASIC mining.
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Generally proof of stakes is considered better than proof of work. In a distributed consensus-based on the proof of Work, miners need a lot of energy. Only singly Bitcoin transaction requires the same amount of electricity as required by 1.5 American households every day. Also, rewards for the creation of a new block are different: with Proof-of-Work, the miner may potentially own none of the digital currency he/she is mining. In Proof-of-Stake, forgers are always those who own the coins minted.
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Yes, I have also seen many people quitting their job to do full time trading or investing in crypto market. But this can prove very risky. Cryptocurrencies are highly volatile. They show huge fluctuations in few hours. So once the price moved against your expectations you can lose all your hard-earned money and recovering such losses can become very tough. So it’s always advisable to invest a little amount of money that you should earn from another stable job.
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Dangerous??? That’s a heavy word dude! Risky is the proper word I assume you mean to use. But all the coins are risky, including Bitcoin. This is a basic nature of cryptocurrencies. They are risky because there are huge fluctuations in the values of the cryptocurrencies. But these fluctuations help you to earn huge profits also. Just make sure to invest in reliable Altcoins and stay away from “shitcoins”.
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There no way of knowing bounty at it’s earliest. You should just keep refreshing the bounties forum after one or two hours. There also some websites which tell about the upcoming ICOs and their counties campaign. They also tell the estimated launch date. You can visit them regularly in order to know about the launch of bounty program beforehand.
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Yes they are definitely fighting for dominance like many others. But here the case is different because EOS is giving a really tough competition to ETH. But it would be too early if we say that EOS will overtake ETH. Ethereum is such a great Altcoin and is doing well since its launch. It’s quite tough for EOS to replace ETH as ETH has created a kind of trust among the investors.
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There are a few factors you need to look. Hash rate is important. The hash rate is how fast the GPU solves the equations to earn an Ether reward. The power consumption is also an important factor. The initial cost of the GPU is also something important to consider. Once you have found a good GPU, make sure to plug all the numbers into a mining calculator and see how long it will take to make your money back.
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Yes, patience is the key to succeed in crypto market. The crypto market is highly volatile so the ups and downs in the values of cryptos are natural. But people nowadays are completely out patience. They panic so quickly on seeing their investments falling. They just don’t realize that by panic selling they are actually contributing to the dump and making the conditions worse than before.
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REMME is breath taking project which has made giant leaps in the organisations prime problem and thats the "SECURITY". Many times there are integrity issues in the big companies and it gets troubling for the organisation to handle the employees and their user data, password protection and identification. REMME is one of its kind who has made application that can solve all these problems with one click button! You cant resist the idea of how effectively works over the blcokchain. For users : Its must have application and you can rely 100% of them for security. More details at : https://remme.ioFor investors : Get in now as this coin is getting more attention currently and volume is also perfect.  Yes, REMME is definitely going to be the next big thing in security challenges, in my opinion. It is such a great project designed by using cutting-edge blockchain technology for securing access to digital identities. Public key infrastructure (PKI) combined with a set of decentralized application (Dapps) are developed on the blockchain are used in this platform to provide the users with password-free and secure access to virtually anything. The companies can definitely secure their data fully with this app. And with its possible growth in future the investors will also benefit. |
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Yes, REMME is truly the promising project. Especially nowadays when so many fake and rubbish coins are coming up, it’s such a delight to see some project like REMME coming up. The coin offers so many advantages in security and protection of data. The companies can benefit greatly from this project. They don’t need to invest a big deal of money in the expensive softwares or hardware to protect their data and information with REM. The investors are definitely going to benefit from this coin.
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