Does anyone has ever thought about this one? We see that there are huge number of exchangers that are being formed every other month. Most of their ICO's are even starting up with the MVP as it has become easy stuff to code an exchanger over dex and get started with it. Who think that this will be good only if the investors also keeps rising day by day ? I mean if the investors doesnt increase in the number then how can one see use of huge marketplace anyway ? I mean its like there will be big playgrounds but too less players to play!! This will be very costly affair sooner or later.
I do feel that its not worthy if investors are not rising as well !!
Fair point. No investors, no reason to innovate for ever more techy exchange platforms. At the same time, its all about competition and visibility. I guess in this game of 'too much choice' the latter is more likely to win this investor attraction. |
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I think the reason governments are opposing crypto is a combination of the misinformation, the unknown and the challenges they will be faced with for putting in place regulatory rules. There are many interplays at hand, perhaps being manipulative in these ways for personal gains but does it not all seem inevitable?
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BEFORE:
Negative impact on the economy as per the past government.
The remittance market is increasingly $26 Billion annually which is rank no. 3 in the world.
Charities has limited reach internationally because of high transfer fees.
Unqualified merchants to accept digital currency.
10% transfer rate from fiat money.
NOW:
You can now purchase goods using a bitcoin in some small online merchants.
Availability of Bitcoin Atm located in Salcedo Street, Makati Philippines.
Bitcoin as donations given to the charities reaches internationally
Pay services using bitcoin.
Buy foods and drinks in the fastfoods in the philippines.
Lastly, increasing and growing numbers of people using bitcoin in the philippines.
This is how our country adopting a new technology, How's yours? Please share with us.
To me it sounds that the Philippines is doing much better than most of the countries at adopting Bitcoin as method of payment. There are numerous ATMs in the UK but not so much places where you could buy food with cryptocurrencies, correct me if I'm wrong guys. |
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Yeah, there is no way one can trade without ever experiencing loses, even when using a bot, there is plenty of variables at play and these are not all evaded, even with bots, let alone human skill.
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Ratio wise, there are of course more men then women in this industry, though you'd be surprised how many men are disguised as women on these crypto forums, and perhaps the women that are involved and aren't public faces are disguised behind men profiles?
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Although the sources for learning cryptocurrencies are rather scarce relative to other technologies, its nonetheless paramount to the evolution of the technology. Innovation prides on understanding, that's why education is important, generally.
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I think the relevance of market price for a coin is not as deterministic for a coin death as much as the market users. I find this as similar as when a coin starts, initially is low in price but it rises with the more investors there are. So as long as there's optimism about the coin, it wouldn't go extinct- it's my opinion.
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I'm not spreading FUD and everyone is free to do whatever he wants. After all, it's your money.
What I'm suggesting here is to take all the tokens and coins you're holding and start reading the whitepaper, check the roadmap, see the team behind that project and how active the developers are is by looking at the GitHub repository. If it's not looking that good, don't think twice, just go and sell regardless of initial buy price because you'll be cutting your losses this way.
I understand that saying "hodl" is nice etc but you should use your brain and don't be blinded by the idea that every useless out there will go to the moon. Only a few are worth investing in so instead of holding random coins, you may want to target something that has been here for a long time and still doing well such as ETH, BTC.
I feel this is very much a personal call. It won't work for anybody and there will always be skeptical people. But if one can research well into their coins I'm sure will already have taken your advice. |
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I agree, one major argument I hear from most people is the energy required for mining. Currently, yes, its very expansive and carbon foot-printed so to transition to carbon free energy is not easy, plus it would initially be limited to certain places with lots of sun, water or wind.
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In my opinion, if by some misfortune the world was going to disapprove crypto then we would be to stupid to let this go. The potential crypto has is immense and the way I see it, cryptocurrencies will only get bigger and more competitive, maybe even drive the world to digital currency.
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Its nice of you sharing this with us but this is one of thanks but no thanks. People much prefer online bettings, this is why casinos are not doing as well as they used to.
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Steller in itself has performed well but I do not think it comes nowhere near being the killer of ETH. For me ETH is still the second best coin on the market.
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Well, yes, combining fiat currency with anything else, in this case cryptocurrency is far better than having fiat currency alone. I believe this is good because there might be a point where competition between the two types as payment would lead to further improvements in the crypto world or vice versa.
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For me https://coinmarketcap.com/ works just fine for what I need to look at but Im sure there are more sophisticated charts available. |
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If governments accepted crypto then there would be no excuse to not make this digital currency a global currency. It would be great but I fear that it won't happen any time soon.
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Its a step forward for sure but it won't deal with the cyber attack issues. I also feel that having the wallet on your mobile phone is less safe than having it on the PC.
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Nothing is for free in this world, there's always something. When it comes to BTC the only way I see it to get free BTC is by having an enormous amount of luck and be damn good at gambling. I do not see it any other way.
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I've always had the impression that Ripple will recover and it would do better but in my eyes this coin has not been proved to live up to this. So, honestly, right now I don't believe in it.
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There are some who are too inconsiderate. Like even if it is not stated in their rule but because they believe they have all the power to twist the rule, then, they won't forgive you. All left to you is to accept the fact that you were working for free on that week and you try to cope up on the next weeks.
Most good ones do not do this. Then again, its your responsibility to ensure you understand the task you're taking. Anyways, in my opinion, good bounty managers are beasts, especially if they are conducting a lot of them simultaneously, coz it takes a lot of time, for such a not so challenging job. |
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Not many people/traders see it as a competition but even so then it wouldn't be a bad competition since your only aim is to gain bigger profits every time.
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