I have recently been quite curious about the many debates about which currency is better.
Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.
Yes online banking is really a very strong thing.But the Bank works only with Fiat money, while the cryptocurrency performs a diverse role and accordingly gives an advantage to end users.Personally, I currently use both currencies.I don't see any problems. |
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Is KYC is benefit to crypto people or not.
It depends which way you look at it.If we consider complete anonymity, not all countries and companies are ready to play the game,, in the dark,,.For us,as users of this cryptocurrency,of course, this is not the most pleasant procedure.I would even call it humiliating.But what to do, now this procedure must be carried out on almost every exchange. |
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Undoubtedly, it is very good that many countries are testing the use of cryptocurrencies,but it seems to me that no country will refuse to completely abandon Fiat money.Only stablecoins supported by national currencies have one chance.In the rest, due to the volatility, many countries will not officially want to work with any cryptocurrency on the market.
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Many says that banks would become obsolete if cryptocurrency would take over the world in the future, but i guess not. Here are some of my assumptions on what would be the situation of banks in the future with cryptocurrency.
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
In principle, no one refuses to banks.Just basically all their functions are seen only in the issuance of prohibitively high loans with a very huge Commission.In principle, loans in cryptocurrency can already be obtained.I know one project from 2018.Many take loans it is here: https://coinmarketcap.com/currencies/moneytoken/ |
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I am very encouraged and glad that a power like China is strongly supporting the development of blockchain technology. It is also a very good sign representing the generation of civilization 5.0. But using this blockchain technology is not an easy one either. In some Southeast Asian countries are also trying to apply this blockchain technology but it is quite difficult because the majority are poor people and they have difficulty in applying blockchain technology. What does this have to do with people and governments like China? We do not consider the possibility of a single person and the whole country.Blockchain as a technology can be applied in many areas, regardless of the status of people.The only question is whether countries are ready to accept blockchain?Read a very interesting article and most likely You will understand that not every country is ready to fully accept blockchain: https://medium.com/readwrite/is-crypto-the-missing-ingredient-for-universal-basic-income-ab7f0f6e0111 |
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I found this interesting article about the current gaming industry on the blockchain, what do you think about the gaming industry currently on the blockchain and do you think it will evolve and have a future?
Games are a whole industry where a lot of money is spinning.Games on the blockchain are very interesting,but so far they produce very primitive games.Perhaps after a while everything will change and cool games will be released.The chances are definitely there.And if we consider the game is not for the computer and for browser games(let's say poker),then the success of the blockchain is simply guaranteed. |
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i have got around $1500 to invest in coins which coins do you guys suggest to invest in for quick money ? a year ago I have invested in STRAT and Sia and I lost big amounts and regret investing in those coins.
I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it
Your mistake is that you want to make money fast.When investing, do not rush anywhere.Now there are a lot of projects.Almost all make a profit after the IEO on the top exchanges.So maybe consider the IEO option. |
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Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
Yes i think so. maximum time we see large amount of tokens in spreadsheet but market? Maximum team did not take care after ICO or IEO finished so that its too late to come coin in market and market price. sometimes we see after 3 months project we see only 3$ whole token price that's very shame. Don't you earn anything?For example, let's take the bounty company of the Tokoin project.( https://bitcointalk.org/index.php?topic=5170862.) Spreadsheet: https://docs.google.com/spreadsheets/d/1v8JXZOm0Th6gg5g-fL2shiSO9AFmvVprdzzxNB75Mr4/edit#gid=1965001535. The man earned $ 175 in the company Twitter I think this is more than not a bad income.Look for good projects and get a decent payment. |
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shitcoin will not disappear.every second a group of people will seduce you.I can't be sure how many crazy people bought shitcoin this year.I am really annoyed by the developer's behavior which is detrimental to many people.we have to go and forget this incident on next year.
Shitcoins are always has come in any a market, And even do in a bounty campaign or airdrop we participate we receive sometimes a shitcoins. It was good in a first time but if we hold it for so long their will become a shitcoins and no value at all. And we hope so next year will no shitcoins has come, Because we need those coins are trusted that we can earn for investing or trading. in 2020, it may happen that the coins that we now receive as bounty or airdrop rewards will not be shitcoins, but they can become very promising projects that will bring us big profits Such coins are actually not very much.I also keep in my wallet many altcoins, but whether they will be successful alas, I do not know.What is going on behind the scenes, no one knows.Whether it will be 2020 or 2022 is anyone's guess. |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market?
1. Traders
2. Investors
You you have any skills? From which you have made enough profit or How much amount you loss??
Welcome to share your skills.
Earned on the topic of crypto mainly in 2017, participants in the bounty.   Investors almost all fix losses.About traders I can not say anything because I am not interested in this topic.And the answer of traders in this branch you will not wait because they are currently studying technical analysis and charts(in fact, being a successful trader is very difficult.it takes a lot of work). |
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USDT is currently the best stable coin.It is included in many currency pairs and is secured by $.Why reinvent the wheel if it already exists!).There are enough stablecoins now, so it seems to me there is no point in creating a new stable coin.
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No matter how successful bounty project is, if participants are way too much and the bounty campaign has no limits you will all get too low rewards, this is where many are confused and complains that they only get 10$ from bounty after weeks of working, apart from price dumps this is another thing you should set your eye on.
Assuming a bounty pool worth 100k and thousands are waiting to get their shares please learn to use calculator sometimes, no matter how long the weeks are what you will get will be unsatisfying already.
Alas, 2017 has passed.No one would have thought of taking out a calculator.Everyone just participated in everything.Now the situation has really changed.But the bounty has not yet died.You can still earn something worthwhile in it. |
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It's frustrating how the Chinese Government seem not to know what they even want but the annoying part is that these decisions they make tend to affect the Cryptocurrency market depending on if the news is positive or negative, their initial stance was hatred for Cryptocurrency, then they suddenly fell in love with it and even want to make their own coin, and then suddenly they want to ban all Cryptocurrency exchanges, I just don't see the logic in this move at all.
this movement makes sense if you know that they are only want to adopt the blockchain system and not the cryptocurrency. they've always been like this and people are forgetting the fact that cryptocurrency is different with blockchain while blockchain is just a system that is beneficial and crypto is its product. In the long run, in addition to accepting blockchain, it will also be necessary to accept cryptocurrencies in any case, because many services and services using blockchain technology also use cryptocurrencies. |
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Cz posts on his twitter account oftenly that " slowly but surely" I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \
It all depends on many factors.Basically, what side will the elites take with regard to cryptocurrencies.If they decide that Fiat is the end, then in a week You will buy milk with the help of cryptocurrencies. |
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Alas, I do not know such a project.But just this minute I checked the CMC and was surprised: ROI is 3,376. 52%.If this is not a mistake, then I wish the team of this project good luck. They do their job.
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The best time to promote bounties are on altcoins season ,if you are tired of one delay after the other just quit till altcoins season returns ,this is the reason why 2017 was the best year for bounty hunters
Everyone understands that 2017 was the year of bounty of the rich.But time does not stand still and since then there have been many successful bounty companies.So I think that to throw the bounty is not worth it.By the season of altcoins, everyone should be ready and therefore you need to earn coins in all available ways. |
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With the launch of china’s gold-backed cryptocurrency, Peter Schiff a known advocate for precious metals especially gold claim that China’s crypto will pull bitcoin price down.
What is based on his arguments is not clear. And in general, the guys learn to trust deeds and not words.As far as I understand the digital currency of China will be a stablecoin,and it is unlikely that it will somehow affect bitcoin for the worse.At best, only for the better. |
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This is just if, new projects are finding it hard to list on top exchanges because of listing funds but since market is not in a good season why is top exchange listing fee still that high? Top exchanges are not making it easy for new projects to list on their exchanges or am i missing some good information?
And about binance IEO is there anyone on here who can tell me more about them? i mean if a project like eminer can conduct IEO on binance why can't others? is there some kind of agreement like taking IEO fundraising fee after IEO is successful?
Damn i wish new projects can just have their chances as well, now that bitcoin is losing its value things are getting more harder for new projects
In order to get into the IEO list on the Binance exchange, a startup needs to fulfill a number of conditions.One idea is not enough now.More information about how exchanges take the coins for the listing read in this article: https://www.blockdelta.io/benefits-of-ieo-versus-ico-and-how-crypto-exchanges-choose-coins-for-listing/ |
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Well!! Did you know? 2019 is coming to an end, the cryptocurrency market is booming really well in the crypto space, as day by day the crypto is performing really well in the crypto space. Several crypto experts predict that bitcoin will go up in the upcoming years and other cryptos like ripple, litecoin, ethereum and one of the top crypto for 2020 to invest. What's your take on top crypto for 2020? Answering your message, I recall last year. My condition was exactly the same. Around depression and no one believes in any growth. (Although I always believe in the growth of bitcoin).I do not know what will happen next year,but I think ethereum has less chances than litecoin.In any case, some of the top cryptocurrencies should at least start to cost 2 times more. |
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