Hello everyone!
Recently, I was thinkig. Is there really any reason for the BTC to be the market leader? The only thing that is giving the value to BTC is pretty much the fact, that it was the first crypto currency. It is the grandfather of all cryptos. But we know it has its flaws... It was never designed for broad usage, it has scaling issues and so on.
On the other hand, we were given ETH. The Crypto Kitties or w/e the awesome internet meme ETH appliction is called showed us, that ETH network has issues with high amounts of usage. BUT, 90% of all altcoins are based on the ERC-20 standard, brought to us by ETH. The smart contracts using the Solidity are extremly good piece of technolgy.
So my question is. Do you think, that BTC will keep its leadership, or will ETH be the winner of this year and surpass its ancestor?
Bitcoin would stay on top even alts are based form is eth but most of investors are always interested putting their money on bitcoin because it is unique the demand is always high the supply is limited and bitcoin almost reaching the max supplies I'm sure the price would be more valuable and bitcoin still the basis of all crypto.
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hy mate,
do you hear about the recent in bitom exchange and coinrade exchange, so do you see why keeping money on exchange is very hard because once it is hacked they made away with your token or money.
so please what do you have to say about, because I m sure that is why the price of bitcoin and Ethereum goes down drastically this way.
My friend told me that one exchange site has been hack well It is a big effect to the crypto industries because many traders and investors would not trust the system but unfortunately we should expect that it may also happen because there are many hackers want to steal our money, I hope the dev of every exchange's work on how to make their sites more secure.
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There are so many scam projects going on. people are now afraid of joining ico. 1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
There's a lot of ICO out there so the best way we can do is to make own research before investing because it's hard to determine if the project is scam so be alert at all times because when choosing a good ICO there's a lot of step before we truly trust it and We cannot stop them to make another crypto, so in a way we need to be intelligent when picking.
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Even haters kind of dissapeared ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I agree because they think bitcoin is for short term investment that can make them rich in a week or month after losing their money they all gone because they not trust bitcoin but if bitcoin value soars high again be ready because they will comeback.
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax?? Maybe the expansion of BTC community will get low than usual.
I think people our willing to pay tax to bitcoin because I think it is a right thing to do and but its hard to identify who are the bitcoin users I think the best thing to do is to put one agency where the user can convert their bitcoin into cash by that they can identify the identity of the users and government can put proper tax and I hope it will not lead to corruptions.
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at this time we can't conclude. the price has not really gone up because now the bitcoin price is down again.
Yes, its hard to predict but lets be happy for this moment and I think it is just a pump but if we still believe in bitcoin I think we should know what is the right thing to do, So by the end of this year we will become victorious.
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Do you think the media is trying to destroy Bitcoin and cryptocurrency ? I think they show 95% of the times only bad news. Why is this happening ?
I believe media is one of the reason why bitcoin is keep decreasing of value because they spread negative news as long as they get a high rates they don't care what is the effect to the people and this kind of news discourage many people for not getting involve in bitcoin world and some of the investors start pulling their investment, I hope people should ignore this kind of things.
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I think the number of people using bitcoin in services is still low but with the rapid development I believe many people will use it more purposefully.
Yes, I believe that too because not all the people know the existence of bitcoin, but the exact number of client its hard to know but I'm sure the number of people probably will increase more and more.
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why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?
whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
I think it will affect the value of money because in my own opinion printing more many will decrease the value of it and its not good for the economics of the country the more money they print the less value of it.
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People continue to invest in Bitcoin because of the benefits it can give to people especially to every investors. They believe that it has a good potential and will continue to grow in the market. Earning huge profit in bitcoin is the reason why investors continue to patronize bitcoin.
I agree and people think it a good assets that can very useful for the the future, So people keep buying bitcoin even its on dip and I think that is the good strategy to buy bitcoin at the low price since bitcoin is very volatile they know they can double their capital.
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:)Countries are divided into 3 groups: those who ban bitcoin, those who will regulate it strongly and those who will give complete freedom to development. The second and the third groups us well be satisfied with. This majority. It's enough to survive.Therefore, it is not necessary to look for negative outside of us. ; ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I agree to those countries gave the people a chance to get benefit on this great technology I think their government always think about their people and to the country who has not supported bitcoin I hope the government would enlighten their mind and accept bitcoin.
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Bitcoin always become number 1 in cryptocurrencymarket because its already main currency in exchanger.you can transfer your money to the wallet your friend.
Yes that is right bitcoin is the basis of all crypto but in terms of transfer speed I think there's a lot of crypto are much faster than bitcoin and I hope the dev also work on high fees.
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Which altcoins have potential to grow like Bitcoin?
I think eth can do that but there's a lot task before it happens and eth is on the no. 2 list when it comes to popularity and demand to the market, So I think eth has a potential to grow like bitcoin.
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Will bitcoin prices rise beyond 20k in the future, and whether bitcoin will only stabilize at a price of 8k - 10k and it will be difficult to exceed that price.
Its hard to predict but I'm still hoping that theory will happen this year, So for now I'm still holding some part of my bitcoin and If I have extra money I'm willing to buy more beside we are in the second quarter of the year and I hope before year end bitcoin will surpass our expectations.
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In countries where bitcoin is recognized as a digital asset,Bitcoin has somewhat become an asset due to its ability to generate great profit.
I agree as long as it can generate a profit bitcoin can be called as an assets and I hope in the near future bitcoin will recognize as one of the global currency and I think it will going to happen because many people believe in this technology and bitcoin is very strong currency.
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I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
That is a good advice and it is very helpful but in my case its hard to do because there are many temptation that can makes my feelings become satisfied, So the real problem is my self because I need to control my self and self discipline is needed to make things right. So I willing to follow this advice.
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What is happening in crypto world? Every Altcoins are dumping now, I am new but I have some good worthy coins. Now I am losing huge money for this dumping.
What should I do now? I am very worry about it.
Just hold and stay calm because for sure it will bounce back and become profitable again, just control your self not to become panic seller because if your emotions takes over on you it cause too lose more, So be patience.
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I see many people asking for opinions about ICO investments, if they are good, profitable or not and I see many people replying it can be good or not, you must have knowledge to choose a legit ICO, to find out who are the developers...
But I would like to hear successful stories about people who invested in ICOs and made profit. Please, tell what ICOs you invested and how much profit you made, if you liked it and if you still look for this kind of investment.
I have a friend who joined in a bounty campaign and the rewards he receives become more valuable by holding it for 6 months at first I do not believe them because he did not put money to invest in that ICO what more if he invest, So I think invest to the upcoming ICO are good but we need choose wisely because there's a lot of bad project out there.
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I think Investing in bitcoin is advantages. Because bitcoin is the future of currency, It is profitable and so popular. But bitcoin still have a very high volatility so we need a right timing on when to sell and when to buy, I know bitcoin have a great future a head but still we need a proper knowledge by that we never lose our money on investing in bitcoin.
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for us now the value of bitcoin with low value, although now its low value we will not panic and will not worry, I am sure that in a short time the price of bitcoin will rise again. so now is a very good time we can get a lot of bitcoin, because we will also get more profit by waiting for the price to go up.
Yes I believe bitcoin will bounce back and it will become profitable again so we need to hold our bitcoin and we can used this opportunity to buy more while bitcoin is on dip because if we do nothing for sure we will regret it in when bitcoin soars high again, so don't waste this chance.
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