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In my opinion, countries of the world would prefer to have their own cryptocurrency which would be a replica of the national currency and give the government a full control of the currency dominance in the country. There's a possibility that each country cryptocurrency could be exchanged with more popular cryptocurrency like bitcoin and ethereum, and possibly other national cryptocurrency.
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The issue of scam and the cryptocurrency space is like a siamese twin. We get to hear of this vices regularly and it feels like there's nothing we can do about it. Bounty hunters can't guarantee that they would receive the payment for work done because the project has the monopoly of power to change the terms and conditions as they deem fit.
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I'm in full agreement with your view. Its a bad idea to entrust funds in centralised exchange. The issue of bcnex is rather much more unfortunate. I'm still in shock as to how such an exchange could be so ridiculous. They really need to fix whatever is going on and build the trust they earned. Several users of the platform are disenchanted by the withdrawal issues which has been partially resolved.
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When it comes to holding a coin for more than a year. My best bet is holding the bitcoin. This is because there's a great possibility for the value of Bitcoin to increase in the long term as against the numerous altcoin in the market. Ethereum would have been my second option, but I'm sceptical about what the value could be in few years time.
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I'm particularly very happy to know that there's still project development with Neo. The Neo 3.0 is a big shot and people really need to know what Neo has to offer. I believe that some advertising and marketing would go a very long way in making projects realise how awesome is the Neo platform.
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It's actually impossible for cryptocurrency to be independent of the mainstream market. The individuals and projects who make up the cryptocurrency industry are also involved in the mainstream markets and that makes the both industry interwoven.
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Whenever I hear the WPP project, I feel pained in my spirit. This is because I so much believed in that project and was a good follower of the project. This made me reluctant to sell when the project was trading at a good price, hoping that the price would increase when the project development comes in place. I feel really disappointed with the team and regret putting so much trust on them.
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I majorly use IDEX because most of the tokens I intend to trade are listed there and it has a simple user interface, so I can easily navigate through the website without difficulty. I have also used fork delta dex, though it's been a while, but when I need to trade tokens that are not listed on IDEX, I make use of fork delta.
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I personally don't think all the new altcoin would be left out, if there's a bull run. It's basically dependent on the project in question and the trust they've gathered from their community. Exchanging your new altcoin to Bitcoin is not a bad idea as bitcoin is a better store of value.
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China is planning to launch their crypto currency, with attention to distribution and adoption, since they are involving all four major banks in the country, two major e-commerce websites Alibaba and Tencent and UnionPay as online payment provider for all four state banks involved in the project
crypto will be centralized and controlled by the state, but high level of acceptance shall be expected
plan is to launch it no later than 2020, november 11, according to latest news, will be interesting how this is going to influence crypto markets this year
It's quite interesting and a commendable achievement for the nation. I have a positive feeling about the project and believe that it would contribute to increase awareness about the existence of cryptocurrency in the globe. I would love if the national cryptocurrency could be exchanged for Bitcoin and other cryptocurrencies. |
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It's okay to see altcoin to be lesser than bitcoin, but altcoin are not useless. Altcoin could be used for a variety of purchases and services which are inexhaustible. Gambling, gaming and entertainment is only a few. Altcoin are used as transaction fees on several cryptocurrency exchange including the almighty binance. There's still a significant utility that we can ascribe to altcoin.
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It would be great to have the value of Bitcoin and other cryptocurrencies increase and that could be expected this year considering the fact that some persons may choose to convert their assets into crytocurrency or gold. I would personally choose gold over cryptocurrency, if I'm to convert my assets because I have have a very low risk appetite.
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I also have a good feeling about the year 2020 in the cryptocurrency space. The year promises to be memorable as several projects would be on gear like the bitcoin halving, ethereum 2.0 and a whole bunch of other projects. I would love to see bitcoin at a new alt.
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Profitable Investment in the cryptocurrency space cannot be guaranteed. Its great to invest in any project you consider worth the money, but it's best to consider the futuristic and longevity of the project. Most projects looks profitable from a distance, so it's wise for one to be very careful when deciding.
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I personally don't see a viable use case for earning simply by walking. It does not fulfil anything that a client would be interested in paying for. I guess that explains why the project was abandoned by the developers. The initiative is cool, but it may not sell more after the ICO.
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The truth is that several regulations and practices are evolving in the cryptocurrency space and scam ICO's are getting the attention of the law Court especially in their countries of origin. Most countries have a laid down law or regulations on fraud and money laundering and this acts could be used to bring scammers to the book.
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It's quite unfortunate that some countries are yet to come to terms with the fact that cryptocurrency is the future of payment. Its understandable when they give excuses like scam and fraud as the reason for the ban, but there's much more benefit about cryptocurrency than the issues or vices which it seems to create.
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Putting all my money on bitcoin is more smarter than going for altcoins? I think bitcoin will always surge even if it loses value today, i never think twice about this anymore because in the past if i never switched to altcoin i would have be in big profit today, what do you guys think about my plan? Stupid or 👍
Putting all your funds in Bitcoin is simply limiting your options for profitability. The beauty of this industry is your ability to diversify your portfolio and help you reduce the risk which could be suffered if anything goes wrong with one project. I believe that Bitcoin is a good project and won't go down, but the value could be greatly affected by volatility and some altcoin could save the day. |
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