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It depends on the country actually but it's plausible. If the economy of a country prosper for the reason Bitcoin is at play, then that would make a positive impact in the overall market of Bitcoin. But I doubt that in the near future Bitcoin would be a national treasure, unless it has been regulated.
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That's just his opinion, it's neither true or false. You just have to believe in the technology of Bitcoin if you want it to be fruitful. In my opinion, Bitcoin helped me so much. From my financial status to buying something using its features. With Bitcoin, I am able to pay my bills without going in line again and with lesser hassle. With Bitcoin, I was able to get my business running and that it help myself prosper. Bitcoin will never go zero as it has real world usage now.
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I don't think Bitcoin is the reason why cryptocurrency market is slowly falling. Every project has their own supporters and investors so blame it to them. It's not like the people owns every coin and just it once Bitcoin falls. Altcoins falling today just shows correction. It shows the true price of coins as of now. If you have faith in them, you should probably just hold even further and see if it will rise. Bull run is coming this September so you should probably look out for it.
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If you want us to trust your project, you already know the answer. We always research whether if the team have past experiences and which project is it. The chances that we would participate in your project is high if you're experienced and your past project succeeded. Next is the team. We would like as much transparency as possible to prove that your team is legit because this is cryptocurrency, which is ironic that we promote anonymity here but investors won't risk that anymore specially because ICO scam is a thing nowadays.
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I do not think Satoshi Nakamoto is a person or a work of FBI. What I guess is that it is a group of professional developers trying to fight the centralized way of banks. But I think we would never know that. If That group wants to stay hidden, I guess let's just let them be. It has its purpose though and it served us well.
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This doesn't make sense though. Bitcoin isn't use for making money, that is not its purpose. But Bitcoin does help reduce the hassle in my country as there is a company that handles Bitcoin and accept it to pay bills, buy game credits, and many more. If people where to discover that they could use Bitcoin to pay expenses without having to take a line ever, then the user base of Bitcoin would increase. Disabled people won't have to get a hard time anymore. This is how I see Bitcoin would help disabled people.
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It's really not that hard. You should always be on the latest news of that specific token so you'll always be updated on what is going on there like new exchanges, features, or something new that would change things. The team would inform the community on where would they get listed. I recommend that you sell your tokens as soon as possible because most of the time, bounty hunters just sells them for some profit. But if you thing the project would flourish, then hold.
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I don't know much but it's either bad or good. I think most or some of us know that a portion of taxes are getting scammed by the government. But the good thing here is that, taxes helps the economy grow. Without a government governing us, there would be no proper society. I know this world is already fucked up but at least we are still growing. As long as the money is getting spent well on some things that would improve our lives, I don't mind paying taxes.
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I would say that 10x increase is a bit too much. I know it happened last year but that's one of the time where eople are still igpnorant of what cryptocurrency is. It's the time where people are unaware of the things that would make them lose money. Most money from the outside last year are investments without research. Now that Bitcoin has been slightly popularized, I think people have now enough experience on what they are going to do this year. I think Bitcoin's price would increase but not 10x.
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Well, it depends on how much you are going to risk of course. The higher the initial investment, the higher the risk and the reward. If you have the guts to invest a large sum of capital, then that's you. As long as you research first before you invest, your chances of having profit is higher. To be honest, I started cryptocurrency with $0 invested in it. I just lent my skills, time, and effort so I could earn some profit here. Now, I'm making more dollars without any external money.
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That's what I'm doing right now. It has been a week since the drop of Bitcoin from $8,300. I know it's a bad thing for the whole cryptocurrency world but at the same time, it's an opportunity for investors like us. We just have to keep playing with the market until new money comes again this September to December. I know it'll be hard for Bitcoin to rise again but cryptocurrency is unpredictable. Let's just wait on what is going to happen this following months for us.
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There are a lot of altcoins in there which makes it more difficult to find a good coin. It would be a bad idea to get some advice here in the future as you will get spammed with different coins that people shill even though it doesn't have any use and will die someday. I advice you to do the research on your own because that way, you could conclude what will be that coin's future. Find a coin that is professionally done and read its whitepaper. Know the background of the team and the company.
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That's actually good. Even if it's small, you could learn from it and make it into thousands of dollars in just a few weeks if you are lucky enough here. Joining bounties would give you more than hundreds of dollars so you should study it well and work hard. Having your first payout really does make you feel happy. I felt the same way as you do and gave me an idea that I could earn some serious cash too if I just study cryptocurrency well. Well here I am. I earned some serious money now and I plan to keep on doing it. Just keep the positive vibe in you even if the market is down sometimes and you'll be wealthy in no time.
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Actually, cryptocurrency itself is quite safe as long as you stored it in your own wallet without having any virus or someone knowing it besides yourself. Those news that cryptocurrency getting is actually exchanges or online wallet that hackers bypass most users account and just take it all away. The thing here is that it's human error that let hackers get in but the actually storage itself is safe as long as you just let it be with a strong password. To avoid getting hacked, never use any exchange as a wallet.
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You're imagining the wrong side of coin. Imagine if all the people where to adopt cryptocurrency in our life. Life would be easier and that more possibilities would open for the population. The usage of Bitcoin is being simplified now. There are companies and stores that let you use Bitcoin for payment for bills and other credits without any hassle or line to attend. Bitcoin has become a necessity in my country that some people become more productive because of it. I think Bitcoin being dropped completely is unimaginable. You should have research even further so you could be enlightened for what Bitcoin could do to us.
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