I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???
If that project is having a large amount of token supply than they can award huge quantities of tokens in bounty rewards as it won't affect the price of the token that much when it gets listed on an exchange. But for a token with small cap it is nightmare to distribute a large supply in bounties as it makes the market of that token bleed. Can you please share the link of that project which you are talking about, I will check and give you my comments based on that. |
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The price of Bitcoin is always fluctuating and it is very difficult to say whether the price will go up or down so when we use Bitcoin we have to wait patiently Bitcoin prices take a long time to rise. Bitcoin pumps a lot once every three to four years. You have to work with faith Bitcoin has moved closer to 10 10k However, the price of Bitcoin is likely to exceed K 10K by the end of this year So we have to wait until we get to the next level.
The price of bitcoin already passed $10k this week but it was short lived and again it went below 10kUSD. There is a lot of resistance whenever the price crosses $10k and after a short interval it goes bearish and many a times we have seen it fall below the price from which it started climbing up. As a matter of fact a couple of days ago when the price reached 10K USD then after some time the exchange coinbase went down and also there was some technical issues with bitmex and the price suddenly crashed below $9k but settled at $9500. In these cases always p2p or decentralized exchanges are well suited as there are no central servers so there won't be any downtime and no inconvenience will be caused to its users. |
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A lot people argue about if it is better to hodl on the long term or the short term neglecting the most important thing.
The timing with which you have to hodl your tokens or investment is very important, to ensure you do not rekt.
For every token, there is a time to hodl, and time not too, figure out the timing before investment.
This is always the trickiest thing to do, no one knows when to hold and when to sell, for everyone holding and selling times are completely different as everyone understands the market differently. There are people who make 1.2x or 2x on their investment and say that they won big time and on the other hand there are others who make 10x of their investment and say that they didn't make much. So you should always have a target price in mind of a token that you are holding and when that price is reached then you should sell your holdings without being greedy. |
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I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Monero also used to be one of the coins in this list but after a few darknet markets started accepting Monero then its price increased and it's demand rose to a new height, so I guess that was the lucky break that Monero was waiting for. If the same would have been the case with one of these projects then they would also have been profitable for you to mine. So its just a matter of bad luck for you to waste your time on these projects. Thank you for the advice. But during 2016 to 2017. If you mine some petty coins you will surely get profit because all alts are going up prior to Bitcoin's bullish movement. Now that we are still in bearish period.
It isn't about the bullish or bearish trend of the market, its about the trend which the newly launched currencies follow, a few years back there used to be a lot of new projects that were based on mining and staking for earning mining rewards but now there isn't any mining involved in these tokens, now they are launched as IEO and ICO which doesn't require any mining so these coins that you were holding lost popularity due to the change in trend. |
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I know this have been discussed several times on this forum but yet I will like to drop this again, I'm sure few new developers are among us here, so here we go
It will be a whole new story if new projects can start paying bounty hunters in USD or stablecoin, this have few advantages over paying with your own tokens, if new projects find it as a most for people to try out their new Blockchain they should use airdrops instead, airdrops has the lowest rewards, hardly to get 2$ in airdrops today
As for bounties please start paying in USDT, DAI or USDC, this will erase your sense of 'bounty hunters are killing new projects' idea
Do you even know how much money does it take to develop a project this big?? I guess not because that's why you are saying these kind of things. The developers of the project have already invested their life long savings into the project so how can they pay you with the stable coins as then they would have to spend more in paying you guys in the stable coins instead what they do is they promise you to pay a part of the tokens in order to advertise for them and that's a win win situation for all the people, as bounty hunters are also get paid and also there is less financial burden on the hands of the team. |
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Bottom line: Banks are useless!
What we need is a direct link between people who really have something to offer The problem in this type of trade would be the party that first sends will have high chances of getting scammed and this is the reason banks are there in a country so as to save the people from these kinds of problems and so they kinda acts like an escrow in borrowing and lending money and takes their commission in the difference in the interest rates on which they lend money and borrow money from the investor and borrower respectively. I guess banks are the institutions that can't be replaced in an economy and are essential part for the functioning of an economy. |
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Hello Everyone,
I guess I am just being curious here. Bitcoin was born after the 2008 recession in which many Bitcoin loyalists have argued that Bitcoin was born to cushion the effect of a possible future recession. What are your prediction and analysis concerning the digital asset if for any reason we witness just another deep recession in 2020? Will Bitcoin go down with the global market?
In a case of financial unrest or a recession the price of bitcoin should rise as people would try to find new ways to park their money and also that should be having high liquidity, and people seem to have slowed down the purchase of gold now, so I think they will look towards bitcoin for safe heaven and invest in cryptocurrencies. In a case of a recession every fiat currency will loose its value but it will not be the same with cryptocurrencies as they always perform inverse of stock markets. |
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Can blockchain technology help universities and colleges?
Blockchain technology can help almost every sector of the economy, whether it be banks or a fish market. Wherever there is a need of a ledger, blockchain technology can be utilised as in case of universities, they can publish the documents or certificated of students on the blockchain and provide each individual with a private key to access their own documents, in this way there would be less cases of lost documents and stolen documents and also of forgery. Also more and more universities should include the blockchain training programme in their collages in order to make them more aware of the technical advancements happening in the world. |
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We see it everywhere. To counter that coronavirus disaster, governments are spending money like there's no tomorrow. Budget's deficit will rise to new heights, never seen before except during war times. In US and EU, debts are staggering. The Federal Reserve and the European Central Bank are printing money faster that I'm writing it. If you ask what's next, I'm afraid there's only one answer.
In most countries, governments will have no other choice but to raise taxes. They will have to be smart to avoid killing the economy, but they will need to bring more money to balance their budget (or more likely to reduce their operating deficit).
As I haven't paid any income tax since 1997, that's all right with me, but I urge all fellow Bitcoiners to organize themselves, and to plan ahead to avoid the worst...
Or could I be wrong? There will be no more taxes next year?
You are definitely right, once this pandemic is over, government will find ways to tax their people, this is to regain the funds they've lost, they have two options, tax their people or loan again, those countries with already weak economy before this pandemic will likely the one to suffer more, and likely to tax their people more . The idea of giving a loan to the people is going to be the way to go for the government to restart the economy after the end of this pandemic. But the banks would have to lower the interest rates for getting the attention of more and more people who are willing to take loan, otherwise increased taxation would be the only option left with the government to make up for the lost money in this COVID crisis. |
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Bitcoin use for online transaction and the price is continue to increase so you can make profit if you have bitcoin.
Cash is for offline transaction and if you have cash the value is still that and the price will not increase.
As you said, Bitcoin can raises its value and FIAT can not do that, right? So, you can call Bitcoin is an asset, a crypto asset instead of cryptocurrency like we are calling, because the value of Bitcoin is not reasonable to using for the world's monetary system. Cash is used by all the people around the globe.Cash can be used anywhere and anytime but bitcoin needs internet connection.Cash is accepted internationally and any transaction can be done through it.For cash their is no transaction fees unlike bitcoin which charges high transaction fees.There is no risk in cash while bitcoin is very risky.Cash is centralised while bitcoin is decentrallised. |
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Bitcoin is considered as an asset of other people because of its value that keeps on increasing as the time flies. Paper money can be used for transactions, but bitcoin is also can be used and it is more convenient to use, but as of now, the fee using crypto currencies is very expensive but it won't take much of your time. Therefore, bitcoin is an asset and currency for us.
Unless you use crypotocurrency for national transaction, I am sure no service can provides better currency to sending money with cheap fees than Bitcoin, it is the truth. You can compare Paypal to cryptocurrency, but you have to know Paypal has many limits when using  . Actually bitcoin can be considered both as an asset and a currency.Since bitcoin is a leading cryptocurrency,the price of bitcoin is very high.So people who do not have bitcoins buy bitcoins and hold them for future price rise.Here bitcoin is acting like an asset.Transactions are also being through bitcoin and people spend their bitcoins for their daily uses.Here it is like a currency. |
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*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?
I think this year is not a year where the decline in bitcoin prices are so dysfunctional, instead it's going to be the opposite, a lot of speculation about bitcoin prices nowadays, there's also that agree with some that this will spur bitcoin prices next month, maybe bitcoin prices just to take the square off to get even crazier than last year ... No this cannot happen at all.Bitcoin is the now the leading cryptocurrency and it cannot degrade in such an easy manner.The users of bitcoin are increasing day by day and more people are investing in bitcoin because it gives huge profit rates in shorter duration.Its price increases day by day.Since it is the period of digitization,cryptocurrencies like bitcoin are getting very popular. |
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It’s not too late to get involved in bitcoin. Yes, there are plenty of people become wealthy by the help of bitcoin, and we are reaching the bitcoin limitation. But it’s not too late if you are gaining bitcoin’s right now its because know that you are starting to earn some money. Maybe, there are only 20% of people’s population that are using bitcoin.
if indeed you intend to really follow bitcoin, to my knowledge also is not too late in a journey. it's just that you missed out with other friends who have built the account too long enough. so at this time there is no word late, whatever your business in managing bitcoin then it should remain grateful. It is never too late to get involved in bitcoin.Bitcoin is always the first option when someone wamts to earn money and that too in a lesser period of time.It is a good money earning opportunity for those who are jobless and want to earn money without doing any work.Sognature campaigns are an easy way to earn some bitcoins.Investing ni bitcoin is also a profitable task.So everyone should try bitcoin. |
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
The problem with bitcoin is that became centralized, very manipulated by miners and whales and its price is also affected by media. Bitcoin lighting network can solve the speed of the network but this will come at the price of more centralization that makes btc even worse. The worse problem with BTC is its PoW which soon or later will make it unprofitable and useless. Yes it is true that bitcoin cannot replace fiat currency as fiat is used by whole of the world.It is internationally accepted and all the transactions are done through fiat only.Fiat can be used anywhere and anytime unlike bitcoin which requires internet connection to operate it.Since it is decentralised,it is not legalised in many nations too.It is also very volatile and risky unlike fiat currency. |
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Yes, I like this crypto currency more than she even can say that the more predictable Crypto currency, and is very practical in life.
Yes , I like this currency, because it helps me to have my own profit in the most unexpected price, unlike in working for government or offering a service, the salary rate were consisitent no matter what the status of the economy, which is somegow good for security, but for crypto makes people more profitable. Yes I like cryotocoins or cryotocurrencies.Transactions through cryotocurrencies are much more easier than physical currency.Since no taxes are implied on cryptocurrencies,the profit returns are full.To operate cryotocurrencies you just need to have an internet connection and some basic knowledge.Most of the people know how to use internet so they know how to use cryptocoins.They are a good opportunity to earn money. |
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bitcoin is better than ethereum, look at the bitcoin price and compare bitcoin price with ethereum price, there are too different price between them. and the most point of bitcoin is the mother because all off altcoin is depend at bitcoin, ethereum coin will be can not cross the bitcoin price forever because it will be highest than ethereum price. it will be long time to make ethereum have highest price thank bitcoin maybe need ten years or more.
Bitcoin is the leading cryptocurrency while ethereum is just emerging in the market.Bitcoin's price has reached new heights while ethereum has just started to rise.Bitcoin is very popular and its users increase day by day while ethereum is not so popular.No cryptocurrency has that potential to beat bitcoin.Investing in bitcoin is more profitable than investing in ethereum. |
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I can't believe people are making threads about this.
As long as bitcoins has excisted, prices have gone up and down. It's in the nature of bitcoin. If supply is larger then demand, then the price will drop until demand is larger then supply, when the price will rise again.
You shouldn't convert you bitcoin. Just hold on, and wait until the price will rise again (which will happen).
Definitely agree. If you really know the nature of bitcoin you will not get afraid everytime the value of it fall down. Because the volatility of bitcoin is what makes it more popular. And it what makes it more unique than in other currency. So if the price of bitcoin fall down , be glad because you have an opportunity of buy and hold it till it recovers its past price. I think there is no matter for concern.We all know that the value of bitcoin is very volatile and its value increases or decreases on daily basis.Although its price has fallen a bit,people have a lot of faith in bitcoin.So its users are also increasing as they want to enroll themselves in bitcoin and more people want to invest in bitcoin as they know that bitcoin gives a lot of profit and a lesser duration of time.It is the topmost cryorocurrency now and is the easiest way to earn money. |
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I do not know if that altcoin or ICO is worth to be invested with but all I know is that bitcoin is having a dip so you can pick either Bitcoin or other digital currencies or invest on ICO. Bitcoin is having a dip so if you buy some, you know you will be having a profit when it pumps but it is expensive. In terms of ICOs, you do not know if that will be giving you a good profit since you still do not know if that currency will be a hit for investor or not. Yes definitely you should buy bitcoins if you have money.It is the leading cryptocurrency and it gives huge profit margins amd that too in a short period.No other cryptocurrency has the capability to defeat bitcoin and overtake it.On other cryptocurrency or altcoin gives as much profit as bitcoin gives.Its price has reached new heights and is still continues to grow.You can save your bitcoins for future purposes too as the prices will rise in future. |
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Should I invest in BITCOIN  ? The writer himself or other experts can not predict the future, predict the objective story should choose the short-term investment, long-term, medium term or even investment is in you. You have to anticipate the market trends as well as the risks we have made and decide for yourself. Bitcoin has had impressive growth over the past seven years, but things are still changing, or rising or falling. The only advice from CoinAZ.Net is not to be too risky, do not put eggs in the same basket and do not need stigma, run away the opportunity. BTCBTCBTCAnd what do you want? Make a poll out of this post? You can see on the schedule how many people sell for 10 000 dollars and for the same amount people buy bitcoin for 10 000 dollars. 50/50, here's your stats. And if you want to hear the opinion of some expert, then there are not any. Trust yourself. Yes, we should invest in Bitcoin because Investing in Bitcoin in the hope of taking advantage of future price increases is as simple as buying Bitcoin on an online exchange. Bitcoin transactions are subject to few regulatory oversights, which makes transactions fast and headache-free. Yes definitely you should invest in bitcoin.It is the leading cryptocurrency now and is still rising.No other altcoin has the potential to overtake bitcoin.Bitcoin is the easiest way to earn money and that too in a short duration.Its users are increasing day by day and more and more people want to invest in bitcoin as the profit margin is very huge.It multiplies your money im a short duration. |
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