Its never too late to dive in.
Bitcoin is not predictable considering its volatility nature, so don't be surprised when you see it at $50,000 soon:)
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Bitcoin is a decentralized cryptocurrency as it does not have a central body ...like central bank , regulating its affairs.
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Yes. This is just the perfect time to invest in some good altcoins. The weak hands are panic selling .....if I had some more money, I will keep bagging good coins.
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I think for the fact that bitcoin is the future,banks would not want to drag behind in adopting bitcoin . Sooner than later , banks will start accepting bitcoin deposits and advancing loans to customers who need it in bitcoin too.
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The anonymous structure of the blockchain makes it extremely hard for this digital assets to be linked directly to its owners offline. So there's no known measures in place to trace bitcoin owners. The exchange kyc is not effective in that regard.
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I keep saying this....the blockchain is an enabler of criminal activities like money laundering. This is largely due to the fact that, there's no way to link cryptocurrency to its owner offline. So launderers feel laundering money using bitcoin is the most effective way and away from the prying eyes of security agencies and the govt.
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There's no known recovery measures in place for private jet or password recovery. It means that one should be extra careful in saving those keys. Between Dec 2017 and now my friend have lost 2 blockchain wallets out of carelessness. The funds gone too.
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The people leaving the cryptocurrency space are mostly those who came with the mind set of making fast money. So when reality hits them, I think they realized to their loss that it doesn't work that way in the crypto space. To be able to make it here, you need doses of patience.
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What is the negative trust all about? What crimes would make the bitcointalk forum give a participant negative trust?
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Of course yes. You will lose your coin if you send like your waves coin to another wallet that dies not support waves. You loose the coin automatically. There's no recovery measures yet in place , sadly.
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Personally, I would invest in bitcoin and some good icos if I had more money. Although investing in them is risky considering the market current down trend. But the end justifies the means!
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Crypto is like any game. I think if well played, is capable of transforming ones life and future. It is one of the best avenues to build wealth.
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Bitcoin is decentralized and this is why every activity carried out on it is deemed to be transparent. No third party interference also.
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Yes. I think bitcoin is valuable just like gold and even diamond. These days, bitcoin is being viewed as asset.It hasn't been fully adopted as a medium of payment but at least it serves as asset. Meaning its considered valuable.
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Blame the bounty manager to what end? Bounty manager is just like us bounty hunters, the only difference is that the BH is hired by the project ICO and we are "hired " by the bounty manager. If you want to shift blame to the Bm, you could as well blame the bhounters:)
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I have actually lost count of the exchanges I have transacted on. My favorite among them is binance exchange. The cool user friendly interface is second to non. It's very easy to navigate through it , even someone new to trading won't find it hard navigation through. Fast transaction processing. I love me some finance:)
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The main factors that scares potential investors from investing on bitcoin are as follows:
The volatility nature of bitcoin .
The price manipulation by big players. The government interference .etc
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Bitcoin/ cryptocurrency is the future so investments in this sector will continue to increase.
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