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I believe in the hodl approach in order to uphold the value of bitcoin on the market. This is the best strategy to avoid being deceived in selling at a cheaper price far lesser than bitcoin deserves. HODL now and I bet you would never regret your decision to do so.
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Sports is a great tool for development, since there is a large number of people who follow sports, it can easily be used to promote bitcoin and the world of crypto to the rest of world who have less knowledge on blockchain technology. I guess many upcoming projects that are based on sports would help promote this course.
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Many are of the opinion that crypto is very difficult to explain to someone. The best approach to explain the concept of cryptocurrency is by assessing the prior knowledge of the individuals that you are dealing with. After you have explored their knowledge, the next thing to do is to explain the basis of blockchain technology and why it was introduced, after which you can explain how and why bitcoin or any other crypto was created.
Personally I learnt most of the things I currently know on blockchain technology by reading articles and following forum discussions on bitcointalk and other sources.
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Crypto is a bit complex for a lay person to easily understand. You can make it difficult depending on how you approach the concepts. The best way is by assessing the prior knowledge of the individuals that you are dealing with. After you have explored their knowledge, the next thing to do is to explain the basis of blockchain technology and why it was introduced, after which you can explain how and why bitcoin or any other crypto was created.
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I think banks and crypto can co-exist. This is the future of the world's finances, although the popularity of bitcoin is on the rise, it is hard to say that bitcoin and the other crypto will replace the banks. The future of bitcoin looks great, but the banks would surely exist by incorporating crypto into their activities.
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The trusth is that Banks do not need cryptos, they are just fine by making money with curent system.
Cryptos as alternative payment system is taking away bussines from them , they do not need it.
The motive of almost every business venture is to maximize profit and this does not apply only to the banking sector. At the moment most banks are not really abreast with the current state of blockchain technology in many parts of the world. I believe with increasing education on blockchain technology and the stability of the world of crypto, many banks would appreciate the world of crypto. |
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I believe very soon YouTube and other content paying website would start paying their customers with bitcoin. Currently YouTube pays users who have monetized their contents through money transfer such as western union. I believe as the knowledge on bitcoin and the other Cryptos continues to grow, many services such as YouTube would start paying content owners with bitcoin.]
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I think many confuse bitcoin and blockchain technology please, there are two different separate things. I believe most of these new companies are interested in blockchain technology as a whole. In the near future, we shall see these companies having their own coins on the market for instance, it won't be surprise to see coins such as Samsung coin in the near future.
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Certainly, the confidence and hope people have in bitcoin is simply amazing. The year, 2017 has really seen a lot instability with regards to the price of bitcoin. But am always glad that many people are still joining the world of bitcoin and the other Cryptos.
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I saw that many new exchanges had emerged for the market for tokens and coins that had just appeared or needed to develop. we only need to choose the exchange criteria that match the coins or tokens starting from those that have expensive listing prices but are already very popular or free exchange but have a high withdrawal fee
I do believe the existence of the numerous exchanges is having a positive impact in the right direction as there is a healthy relationship in the crypto space. I believe in healthy competition so that the exchanges can give off their best to their customers. This is really great for crypto. |
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I believe that there are two sides of the coin, there are both positive and negative sides of the exchanges. I think the numerous exchanges can help promote a healthy competition among the exchanges so they can improve upon their customer services. On the other hand, if care is not taken some exchanges might end up promoting coins using the pump and dump method.
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I think the many exchanges we have is in the right direction. The world of cryptocurrency is growing or advancing almost everyday as new projects are emerging through the ever popular blockchain technology. At the moment, there are many coins that are competing on the market, we need more exchanges to ensure that there is a fair competition on the market so the exchanges can provide the best of services for the numerous crypto enthusiasts.
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Blockchain technology is taking over the world as new projects are emerging to solve many problems. Most projects that are related to the world of finances have already incorporated blockchain technology and think this is a step in the right direction for blockchain technology.
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Besides cryptocurrency, I will invest in real estates. One area which is highly profitable to invest in is real estates. According to Abraham Maslow's theory of needs, shelter is a basic need. As such people will always find shelter or a place of abode. Real estates investment is viable and booming in many places around the world.
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Bitcoin has come a long way and this is never the time to give up on this amazing cryptocurrency. The future of the world and its finances lies in bitcoin and the other cryptocurrencies. The best way to learn about the up and down movement of bitcoin is experience. Experience is the sure way to learn about an activity.
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