I have been hearing people saying their account got hacked by hackers and each time I hear this I ask myself how is this possible, not until 2day ago I was hit by an hacker! I don't know how he got access to my private key, even if I give you the private key, is as unless as nothing, this is because the private key digits are not complete, to get the complete key you will also have to hack my brain.
In all the various places I stored my private key I always make sure the digits are not complete, in case someone mistakenly get access to it.
But how this guy manage to get access to my key still remains a mystery to me.
The question is, if you have been hacked before what mistakes do you think you did that result to you been hacked. Maybe this will help me find my fault.
It's Myetherwallet account
Wow! With this your level of security, it is still a surprise a hacker got through to your account. I might still want to believe probably you might have had your private key divulged at to a phishing site or probably sent it out wrongly. I don't know the level of security of exchange sites that do request for one's private key. |
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Where the government has failed in getting a hold of their economy, I strongly believe that with the introduction of Cryptocurrency leverage with government collaboration, it can help to alleviate poverty and reduce unemployment to the barest minimum.
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Do you predict crypto to get to new highs or the opposite ?
I speculate a sharp decline on Cryptocurrency specially Bitcoin this year.
Call it a inner feeling.
Hmmn... I know that inner feeling that tells you if good or bad! Well, I do think there will be more control this year 2018 and bitcoin not been too volatile as before. As much as there will be lots of people coming into Cryptocurrency, the overuse of bitcoin will be monitored/controlled. |
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So many currencies you mean by the altcoins? I have questioned too and also by the way new altcoins are coming up everyday and like everywhere! I will be of the opinion that an ICO regulatory body be established to check up this. Also, there should be major coins for the purpose of exchange and trading.
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It is very possible if taking a queue from last year's market moves. I strongly want to believe that it is attainable with the high influx of new persons into the Cryptocurrency market.
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Investing in Bitcoin at this high price will be a very strategic and timely one. If you would like to buy a unit, you must do it at a time wen it must have dipped and ready to rise again i.e like the time Bitcoin maintained the 8,000$ range before leaping to 11,000$.
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Investing in Cryptocurrency also means you can trade to buy it and HODL as an investment for a duration of time. Trading on the other hand can be an active thing which involves you buying a set of altcoins when it is dipped and then selling when you feel you have made some reasonable profits; do try not to be greedy.
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Hello!
If bitcoin died do you think people will lose intrest in other cryptos aswell? which altcoin would you invest in if there were no bitcoin?
I believe there will be a notice to forewarn holders if bitcoin will be stopped. The other base Cryptocurrency to opt for will be the ethereum which is also gradually picking up too. |
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The bitcoin/Cryptocurrency leverages on the blockchain technology and also the internet. Well, if the internet and electricity stops then Cryptocurrency itself can be no more.
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The social media is a very spontaneous tool for the Bitcoin/Cryptocurrency news spread; it is like a wild fire. This is very important as both also make use of the internet.
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I want to believe that this year 2018 will be a year of increased adoption of Bitcoin where more than 50% of persons would have gotten some knowledge of what bitcoin/Cryptocurrency is.
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There is the real picture estimated analysis; traders' behaviours to market. The charts are only somewhat detailed representation of these behaviours. I believe the charts do vary from different analysts. I do believe in a summary to get actual price.
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At this time bitcoin price is very dumping.I think it's time to buy bitcoin.Do you think, this is the right time to buy bitcoin or wait few days.Please tell me?
As at today, bitcoin has been doing a range around 8,000$ and it is just being stable in reality. You can buy at this rate as an increase is imminent soon; say from early March. All things being equal, market should really wake up soon from this first quarter of the year. |
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I will say that Bitcoin got its popularity as the first coin in Cryptocurrency and also due to the fact that it is now being used as base entry into Cryptocurrency; you will need bitcoin if you need to purchase any altcoin.
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Which one suits you the most?
I did started with luno because it was recommended by a close friend that introduced me to bitcoin. I later got to start using remitano recently. Remitano gets payment done almost within an hour while luno will work with banking time/hours. |
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With bitcoin rising again, will it take long for it to be stable again?
I deduce that stability and control is being restored into the Cryptocurrency world; hence the relatively stable price of bitcoin. The rise will start again but gradual and it will be having more stability this time around. |
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Can bitcoins be converted into cash?
The answer is yes! Bitcoin can be converted into cash; what we call fiats. The main relevance is because it has its fiat equivalence. Well, I was amazed though when I got my first earnings in Bitcoin and it got changed into physical cash. |
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People have different reasons for selling bitcoins. A lot are difinitely trading theirs and we can actually see the number in circulation. I have some crumbs of it which I only use to monitor its price fluctuations. Aside this I will rather sell off and make my fiat value.
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Can we expect altcoins to reach the success of Bitcoin? and how long would it take? what are success metrics?
Ethereum and ripple has made a success with respect to where they started from. I have a great feel that this is year for altcoin rise and bitcoin price stability. |
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Early 2018 bitcoin prices slumped. When will the bitcoin price recover? How is your prediction?
Bitcoin price recovering relatively to the price it started with early this year will and is still a battle/struggle. A lot of odds are presently militating against its price surging up again. All I can see happening is Bitcoin price stability and altcoin growth for this year. |
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