It is needful to say that before the completion of a magnificent building, it starts from the foundation, therefore, to excel as a crypto enthusiast you must start from the foundation, which is through the acquisition of knowledge.
I will not deny the fact that learning is a continuous process, but whoever is coming newly into crypto, should try as much as possible to learn first the rudiments before venturing into any aspect of crypo in order to avoid making costly mistakes.
What you already know cannot be taken away from you...
So, start from the foundation today and get the best from the crypto space.
I completely agree with you, but no matter how much we study, we will still make mistakes, and thereby gain a precious experience, which is the basis of success. |
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I think it will be back to 20k within 2 months. in your opinion what will be the driving force to raise the price again? What driving force, in your opinion, was in December last year, when bitcoin reached its maximum price? I think that this year everything will be like this. |
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In my opinion, the development, recognition and popularity of bitcoin occurs and increases. There are countries that recognize it as a payment option, and the number of establishments where it is possible to pay with bitcoin or other crypto-currencies is also increasing. Therefore, I believe that the crypto-currencies are the future, and bitcoin is the flagship in the crypto-currency market.
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I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
By and large, it is, and this applies to all currencies. So it turned out that bitcoin is the very first crypto currency and is valued more than others, and the price is higher than other crypto currencies. |
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As we see, at the moment the situation on the market does not improve, and when this downtrend ends, it is difficult to guess. All that we can do now is take advantage of the fact that the prices are low and buy the coins we are interested in, and wait for prices to start rising again.
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If the price drops to $ 5000, then this is a very critical point, when it is not profitable for miners to mine bitcoin. I think if the price goes even lower, there will be an outflow of miners from the industry, which will lead to the collapse of such companies as NVIDIA, AMD and Bit. I believe that they will try not to allow such a development of events.
I do not think that a decrease in the price of bitcoin can affect the outflow of miners, and contribute to the collapse of the companies that you listed, since there has been a significant decrease in bitcoin more than once, but miners do not stop their activity and believe in bitcoin. |
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I'm wondering if this is really 80% of the projects are fraudsters, and they all want to leave with investors' money, or some of them are not scammers, but simply not getting the amount paid off for ICO ...
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Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.
Payments to bounty companies in ETH are already practiced. One of such projects that I heard is Daostak. I believe that it is really convenient for bounty participants, but I do not know how this affects the project. |
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A few months ago, the price was even lower, and there was a more acceptable time to invest, but if you invest now, it will not be a bad idea, since I believe that in the near future the price should rise. But you should not expect quick profits.
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I do not understand why you connect crypto-currencies and the World Cup, but if it somehow affects the market, it's only negative, since people can withdraw money for Fiat.
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All people want to profit from their coins, but not everyone has the restraint, experience, knowledge, someone needs money urgently, and someone gives in to emotions and negative news and sells his coins in a panic. My guess.
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Bitcoin is going to be widely used by progressive countries especially in Asian countries like S. Korea and China. It will be priced more than $100k and cashless stores became the new trend because of bitcoin.
I do not think we are going to see cashless stores anytime soon, business are not going to limit themselves by accepting only one type of currency when bitcoin becomes popular enough o be accepted on most stores we are going to see bitcoin being accepted alongside the local fiat currency and if you are in a tourist zone other currencies like the US dollar and the euro will be accepted as well. I also think that it will not be easy for crypto currency to replace current money, but it all goes to the fact that we will increasingly use crypto-currencies as a method of payment, and the number of outlets where this can be done will increase. |
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No need to rush to buy altcoins immediately. First, think about the fruit of action. Because Alkynes have big risks.
Certainly, investing in crypto-currencies is risky, but on the other hand, with the right choice of the ICO project, or coins, you can make a profit in the short term. This requires experience and knowledge. |
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I think that despite the fact that the market has fallen so much this year, it will be able to recover and increase its volume. You have to be patient in this situation.
Yes, you are right, patience is the key to success. In addition, when prices decline in the market - you can take advantage of this situation and buy some coins at favorable prices. |
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Yes this is my questions among all bounty hunters. In my 4 months on doing bounty i campaign i have promoted 2 ICO's already and the first one still counting the stakes and still working on the distribution of the tokens. Some had receive already and i thought about receiving too but until now no tokens found in my digital wallet even after searching it on etherscan if there are relatively made a transaction to my digital wallet address and there is none. I have gave my effort and quality time for them to promote their project that includes also the resources being used like internet connection fee and the electricity are all wasted for the project i guess. I think this could be my last project to promote and if i still will not get any rewards then quitting is an option.
You can quit everything and not participate in bounty companies, but this is not an option. Usually, counting the table and distributing the tokens takes a long time, so you need to wait and at least not give up. |
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Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.
please share your thoughts in favor of mine statement or against.
I agree with your opinion, and I also believe that the risk is present in all types of business, and the crypto currency is not an exception. But we also need to understand that crypto-currencies are the future, and they can change the standard types and methods of payment in the future. |
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If I could pick one crypto that suits for holding, that would be ethereum. Do you agree that this one is good for a holder ?
It's more established than other alts in the market and companies are adopting it.
I agree with you, ETH is really multifunctional, and it can be used in many ways. But it's even better if you still have a few coins in order to diversify the risks. |
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It is interesting to read reviews about this platform, since until the end I have not figured out what its meaning is. Now, after many positive reviews, you can learn more about this platform.
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The teams are using us to enrich their pocket
I know many people will oppose me but with few observations I can tell you the are scam, the pay just 2% ND keep the rest for themselves, I believe there are some who will agree with me.
have u ever participated in any bounty here on bitcointalk campaign with 6000 people? name one bounty here with 6000 telegram participate, the give you penny and take the rest, i still stand firm on my words, the teams are using us to enrich their pocket
Perhaps you are right in some ways, but in fact, the company's bounties offer their terms and an exemplary reward for the performance of certain tasks, and we can decide to agree to these conditions or not. |
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Of course, this may not happen, but people just want this insane price increase, like last year. And this is quite real, since I believe that during a prolonged recession large players invested in crypto-currencies, now they need a profit.
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