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Yes . In theory comparing btc and etheruem does not make any logical sense because bitcoin is seen to be far better recognized than etheruem considering the fact that it was the creation of bitcoin that gave rise to the era of other coins.
But in practical terms, etheruem has more use case than bitcoin.
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Yes. Being a holder means one is supporting a coin or have confidence in the coin.
Alternatively, some who still hold coin from 2017 are still holding because prices are not encouraging and so they wouldn't want to sell at loss.
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You are very right here.
Your narration depicted a picture that we all are aware of but refuse to acknowledge because it hurts .
Maybe.
I am sure most bounty hunters have experienced this and have one take or the other to tell.
This is the reason why so many have quitted bounty hunting .
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Proof of Authentication
Telegram Username: @Nduiheoma
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It goes without saying that the society depends largely on Fiat for the conduct of it's day to day activities.
I am sure that in the future ,fiats may not go into extinction so to say but the depends on it would not be much as obtains presently. My assumption is based on the faxt that there are still core illiterates in the society that would find carrying our transactions using cryptocurrency easy.
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Yes of course it does.
If we critically analyze the prevailing market condition , we would see that the market didn't just start or decided on it's own to be unsable.
It's the activities of those who do not believe nor understand the rudiments of cryptocurrency that cause some of this market mishap.
It is believed that the cryptocurrency market a speculative one and so unfounded news /rumours brandied about by the ignorant people have a way of affecting the market negatively.
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If bitcoin is adopted widely and made a payment medium for exchange of goods and services.
The illiterates may fell defranchised at the initial stage of the development but will try to adjust their positions to Lear how to make transactions using bitcoin.
I also believe that there will be measures put in place by blockchain experts to make learning easy for these ones.
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I agree with your submission that the market condition will fare better this year .
I based my assumption on the fact that the market surge of 2017 took a correction trend last year 2018.
So basically, the market condition this year looks favourable.
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When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
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I agree with your submission that cryptocurrency is getting more popular by the day.
People are beginning to get anxious and are asking questions like: what is bitcoin?
Coming to adoption, I think the adoption rate could be triggered when people can be able to use cryptocurrency as a means of payment for goods and services.
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As a bounty Hunter or an investor, what are the criterias you apply in choosing which bounty campaign to do or ico project to invest on?
What is your strategy to making more bitcoin ?
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I support the motion that bounty hunters should be paid in USdt henceforth, considering the fact that many developers are insisting that their tokens price tanks below expectation upon listing on exchanges because of bounty hunters.
So paying hunters in USdt would save everyone the stress of apportioning blames .
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I disagree with your assertion which is subtly impling that holders are stupid here.
You need to understand that what is working for youight not work for another person.
You do daily trading because of course you have time at your disposal .
If you have maybe 9-5 job , you won't have had the time for daily trading.
Didn't it occur to you that so many prefer investing and hold pending when market recovers than daily trading because of time constraint?
It is a fact that daily trading is too demanding.
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The only logical solution to dumping since developers are of the opinion that bounty hunters are the major reason why their tokens gets dumped hard upon listing on exchanges.....is paying bounty hunters in etheruem or any other altcoins that is not the ico token.
Uits very simple that way and would save every party involved from the blame games.
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When I come across phrases such as this" the future of bitcoin" I think about the many possibilities that bitcoin could usher in in the universe.
I think about the potentials and the cryptocurrency untapped market.
I think about the future if Pay when bitcoin I later accepted generally as a payment medium.
Then I come to the conclusion the future of bitcoin and cryptocurrency as a whole is very bright.
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I do not know what will happen to Cryptocurrency should government decides to fight it for real but I do know that the bitcoin price per time can be determined by government interference , activities etc.
Since we all agreed that the Cryptocurrency market is a speculative one.
So any government interference could be interpreted to mean different things ans then the speculation starts.
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Personally I have been doing fine irrespective of the present market condition.
What I normally do, is trade , not like daily trading .
I sell when I see profit and buy back immediately price tanks ...that way I keep adding to my holdings.
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