Blockchain has advantages and disadvantages. There is no doubt about it. So, better to used blockchain where it can be maximized rather than pushing to replace the existing financial process but we know will just bring disadvantage. Blockchain can be used aside from financial transaction like in health care and hiring process. Developers should focus first on fields where blockchain has potential to be an asset rather than disadvantage.
People want to make money whenever they can. Projects with monetized infrastructure are being created. This creates certain flaws that might not be. As long as people's greed prevails over the desire to build an ideal society, there will always be opportunities for flaws. For example ( maybe it's too paranoid), the blockchain will penetrate into all spheres of human life, will become a fully controlled state, ensuring full transparency, as well as complete control. Everyone will know everything about you. Maybe even what you think. Do you like it? Thus, the big question, blockchain for us is an enemy or friend.
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One of my relatives and one of my friends already understand everything and know how to use it. If necessary, when accessing my device, they can do whatever they need. I think this is the surest way to preserve your assets just in any case, of course, if you have trust. Maybe everyone will have a different opinion. And for me, I certainly haven't thought about this because I'm sure it can still last a long time. A person's life and death must have been arranged and we would just run it. And for now, work optimally and generate profits from Crypto.
It is difficult to talk about life, but death is sometimes sudden.
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When I do mid-term trading in some of my assets, I look at CMC every day. In this way, I see the oncoming to the target price. I think that I do it at least once a day, I used to do it very often, because I constantly followed the news. Now I do not see such a need, because the mood immediately falls. This is really very terrible.
That is why at other times I do not visit CMC every day.
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Bitcoin prices are still discounted and you still don't buy them? some people have started to buy it and are ready to jump bitcoin the current price is still 1% of the price that will be shown in the future bitcoin, Bitcoin will replace USD, bitcoin for the future, bitcoin as a digital payment !!
Your slogans are great and naive. But not many people believe it. Many have lost in the unstable crypto market. If this happens, you will have to wait for many years, perhaps decades. Are you ready?
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Current price for NPXS is $0.000585. Will NPXS reach 1$ during the next bull market?
isn't possible calculate the what would be the mcap is NPXS rain to 1$ that would be : 274.555.193.861 dollar so this is impossible The Boeing Company 235.53B age of +100 years Amazon.com, Inc. 803.51B age of +20 years Pundi-X xxxxxxx age of +xx years ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Why not? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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If/when there will be the next big pump, it will be something like the 2017 pump. Adoption and use in real life will not be as fast as we want it. The steady state comes through many ups and downs. Nature and man-made are arranged in such a way that evolutionary and transient processes can be long and non-optimal. Thus, I would not expect on early adoption, rapid growth and the widespread use of cryptocurrency. We are at the origins and have to wait.
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As far as I remember, there was a similar project called MoneyToken or something similar. This project had something similar to this idea, there you can also take loans and do a lot. In general, now it seems already past.
Yes, something like that was. Obviously, this business can not be successful now. Because Taking loan in Bitcoin and if your income in in fiat is a suicide. You must always take loan in currency you are getting salary. Always. If you get paid in euro you dont take loan in CHF or USD.
But cryptocurrency turnover is currently so insignificant that it is very difficult to provide a full-fledged credit infrastructure with guarantors and guarantees.
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But I remember my story ... It is not so bright, because in 10 weeks of my participation in the project I received 12 dollars. For a long time I could not believe such injustice. I wasted my time and energy. None of us is immune from such projects. The most important thing is not to despair, to believe and look for the best project that will reward you for every second you spend on the project.
I'm doing it. Since spring 2018, I received only awards for a couple of projects. Only one token is traded on the exchange. I think that the most important thing is not the amount of time spent, but the coefficient of efficiency of this time. You can spend day and night at the computer doing bounty, and in the end do not get a penny.
Yes, the effect should be. But it is difficult to achieve high efficiency in constantly changing conditions.
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If the cryptocurrency was a real bubble, it would have disappeared long ago, even before 2017, but as we see the prices are still huge, especially if we do not compare them with the maximum values
Bitcoin is the 11th year. It crypto are very few real projects. It is not a bubble, but it is so inflated that it can experience the fate of a bubble. It is hoped that some rich people want to earn on crypto. For this they need to pump up the market. This will give new strength for the evolution of crypto.
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It is already clear from the answers what a blockchain is, and what a coin is on a blockchain. Blockchain exists and will exist as a self-sufficient and independent phenomenon. It is more important to know whether a cryptocurrency will live?
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I would not expect a miracle from such events as Bakkt, ETF, fork and the like. All we need is for big market players to initiate a takeoff. This is primary. Positive news will come, we can be sure ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
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I think that the hacks and problems of the exchanges and the low price has nothing to do with each other. So it does not feel for me like someone is trying to break crypto.
Yes, it is not directly related. But it can be assumed that the news about the hacking of crypto-exchanges affect some people. Who knows, maybe there are forces that are striving to destroy the crypto.
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It makes sense to regret in those cases where something could depend on you. This can help you learn and consider for your mistakes in the future. If you are sure that you did everything right, but failed, then there is no point in regretting it.
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Even being confident that financial markets operate cyclically, we cannot know the timing of the current cycle. This is especially true for a market that is changing rapidly. Crypto is a rapidly changing market. We can accept the end of the 2014 dump as the beginning of a cycle. But that year the market was very different from the current market. Thus, the 2019... cycle may be with a much longer period.
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The biggest and main reason for the failure of the ICO industry is the illiteracy of investors who were in a hurry to buy assets of any startup where crypto and/or blockchain were mentioned.
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For beginners, crypto is quite difficult to understand. It takes time to begin to understand this market. But many newcomers come to this market under the influence of FOMO, they have no time to do research ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Therefore, they ask the opinion of others what is a mistake. Of course, research must be done independently. Separated from other opinions.
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To strange projects at once not. Moreover, buying during an ICO is a waste of money. Now is the time to choose among the assets traded on the exchange. Even in this case there is a big risk to buy a scam coin.
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It depends on who you are talking about. Crypto exchanges, other services and, of course, scammers ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) will surely get rich. The average crypto market participant lose. This is still a closed system. And so it will be up until a large number of crypto services starts operating normal mode. P.S. To reduce by 600% is unpossible.
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Yes, I was also alarmed by the mention of CMC safe ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . This site remains a good radar for initial investigation. Identifying fraudsters is not an CMC task. The user can determine if the project is scam.
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You can imagine: the investor has 100 ETH, hardfork came, what has changed for ther investor? And nothing. Will he buy again? barely. For the price to continue to rise, there is a need for someone to buy. Who will do it and why?
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