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To be honest, I don't like the idea of teaching math using cryptocurrency.
Considering the vast majority of people use paper money in everyday life, it would be better to teach school children how to use math fundamentals by traditional means, rather than by digital cryptos, which have so many uncertainties in prospect.
Let's not forget that some countries consider cryptos to be illegal. So what for to teach it at school?
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Better not to compare the two, because as I understand both coins. They have different purpose or goal. Bitcoin aims to disrupt Paypal and online banking. Bitcoin is like a digital gold, offering a monetary system free from inflation and intervention of government. While Ethereum has the goal of using a blockchain to replace internet third parties - those that store data. In short, Ehtereum wants to be the World computer. Though Ethereum allows faster transactions than Bitcoin. But we cannot say that Ethereum is better in all aspect. Bitcoin will never be in the first place in coinmarketcap if its not better in all cryptos.
I agree. These two cryptos could not be compared in any way. To show the difference let's compare in terms of the cost of transactions. If in Ethereum it is called Gas and the cost is estimated based on storage conditions, complexity and use of bandwidth, in Bitcoin the cost of transactions depends on the block size. So, to say, for sure, which crypto is the future of the crypto world, two of the cryptos should be relatively similar. |
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In my opinion, one of the really promising Altcoins to collect is Stratis platform, which is actually developed to fulfill the objectives of business and service providers that are in need of C# blockchain applications to be developed, tested and used on the basis of the .Net framework. Considering the growing popularity of IT field nowadays, the demand for such platform may be really competitive. No advertising here, just my opinion  |
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actually ICO (Initial Coin Offering) is a new way to get investors or raise funds, if the old way by selling shares, ICO offers their coins which can then be traded in certain exchanges
ICO is one of models to do crowdfunding when participants of a project make investments into the company development and growth NOW in order to receive certain benefits IN FUTURE. It could be the release of tokens designated to pay for platform services in prospect in the form of cryptocurrency. For example, when a project issues its own "currency" and exchanges it into one of the most popular cryptocurrencies or even the paper money, the ICO project could provide itself with needed funds and keep going to develop and grow. |
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I consider that the reasonable ICO potential based and evaluated on the white paper and other physical materials is the thing to start making the investments into.
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As a rule, before making any investments into the ICO project, I carry out a thorough research about the ICO and its potential and benefits. Otherwise, it would be rather risky without any knowledge to invest into.
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Once you decide to trade and/or invest into cryptocurrencies, how much time do you need to spend for that? Is it possible to combine trading and investing with your regular life or is it a full time job? How much of your time do cryptocurrencies take? Thank you in advance for your help  It depends on your determination and the sufficient knowledge you have about cryptos. It you choose to dive into it in full and for a long period of time, then it is possible that you won't have enough time to have another job. Apart from that, I think it's manageable to combine it with your real life. |
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I'd say that the Internet could not be compared with crypto because appearance of the Internet was timely and highly demanded thing among people. Even though crypto market is rapidly evolving, it's still doubtful whether the day when it is used in everyday life will come eventually. There is the conventional currency highly used and lawfully regulated in comparative relation to the cryptocurrency. So, it's hard to tell for sure how much it's needed.
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I think if the ICO project is promising, then to be a part of it as the investor will give me the opportunity to get tokens and gain additional funds in return.
At the same time, a lot of preliminary work should be done about every ICO project before getting involved with it in full.
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As Bitcoin is still developing, only few airlines applied Bitcoin as the payment method, namely CheapAir, BTCTrip and Expedia, although I would recommend to exchange bitcoins into the acceptable currency in order to avoid any difficulties on this matter.
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I find this idea interesting, though the whole concept of Bitcoin is to be completely different from a traditional bank, without any centralized system. And now we are going to the similar thing as with the traditional bank.
Bitcoin advantages is not to be the BANK, but to be absolutely the opposite.
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It depends on individuality of a rich person. I think Bitcoin requires a lot of time and effort to be dedicated in order to get profitable results, and if the rich person is lazy, no way would this person want to spend their own time in such a way, even if it may be profitable some day. The rich have many resources, including monetary, and if they consider Bitcoin to be not for their own benefit, they will not spend those resources on it.
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To trade for your benefit you need to gain the fundamental knowledge of economic, political and social aspects all over the world, and you need to think analytically, outside the box in order to understand the trading trend and its potential movement either up or down. There always is the risk of losing, but unless you embrace it, you will not be able to make your trading strategy profitable.
Is your trading strategy based on your own experience and/or any other materials?
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I just read on Btcjam blog that they are closing down: https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really. I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development? Even if the Bitcoin crashes or disappears in future, it will be replaced by something else right away. But will it be the right replacement compatible with Bitcoin, that is the question. |
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It seems to me that it will be possible only in case of total revolutionizing today’s banking system. In some countries, ICO campaigns are simply prohibited. Also, Bitcoin network right now is rather weak, comparing to traditional banks, the system of which has been developing around the world for many decades. The process of taking ICO’s over IPO’s is realistic, but its complete replacement isn’t possible in the nearest future.
I agree. Apart from that, I think that banks could not be replaced because senior people won't fully trust ICO as they got used to traditional ways like banks, and anything different from it may get them really confused. Perhaps with time the situation of accepting ICO as so-called non-traditional way will change. |
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