Show Posts
|
Pages: « 1 2 [3]
|
Ethereum is better than bitcoin because it has better technology, it is more secure, efficient and it is backed up by a number of institutions.
|
|
|
Bitcoin is best and then there are Ethereum and Litecoin.
|
|
|
It is a huge claim, the value of Trx might increase, but possibly not that much.
|
|
|
Because of the trend of major cryptocurrencies outperforming smaller Defi tokens, so the YFI shortage could be a short-term hurdle.
|
|
|
If you are looking for virtual currencies that will provide you with good returns, then TRX can be a profitable investment option.
|
|
|
If you wish to get into Tether from Bitcoin, say for a few days, then it might pose minimal risks and if you want to move money using Tether between exchanges probably it’s fine.
|
|
|
As predicted by experts, Dogecoin is one of the trending cryptocurrencies and could be a high value buy for 2020. And it could become the default crypto for merchant payments in the year 2020, which can lead to greater gains.
|
|
|
Polkadot a blockchain protocol that has two goals: to provide shared security among all connected para chains and to allow all connected chains to interoperate by using XCMP.
|
|
|
Open source wallets are the one that allows reviewing their code and publicly audit for potential security issues due to which, open-source bitcoin wallets are more robust.
|
|
|
Ethereum has an inbuilt scripting language and you can build a smart contract to carry out all types of functions without the intervention of a trusted third party or central authority and also with the help of its internal cryptocurrency, i.e. ether, nodes can be paid for their processing power in running these decentralized apps, and there is a possibility that these all decentralized organizations might exist in an ether economy.
|
|
|
There is not a single cryptocurrency with low transaction fees since the number of cryptocurrencies has low transaction fees.
|
|
|
Open Banking is associated with data sharing across different parties i.e. their main focus is data whereas Defi is built upon a public blockchain. Its code is transparent and open so that everyone can see it.
|
|
|
Since it is very difficult to track the source of illegal activity, governments and law enforcement agencies find it very hard to stop cybercriminals from striking.
|
|
|
As some of the defi ecosystem rotates around the Ethereum network, a number of people are grasping these defi applications so as to earn more bitcoin.
|
|
|
Mostly the purpose of bitcoin and ethereum are different i.e. Bitcoin is promoted as an alternate currency, or digital currency, whereas ethereum establishes peer-to-peer contracts and applications through its own currency vehicle. Therefore, bitcoin has emerged as a more stable digital currency, and ethereum is more about smart contract applications.
|
|
|
Bitcoin Not User Friendly Yet
Bitcoin is complex, and hard to use also it is very confusing for both businesses and consumers. However, many technologies were predicted to change the future but they ended up being just fads, and some technologies have also been predicted to be fads but they ended up changing our future. Cryptocurrency – is both-- a fad, and the future.
|
|
|
Bitcoin is a totally in non-regulated space, therefore the money is not safe also another major issue with bitcoin is liquidity, so if prices crash or if a bitcoin exchange goes bust. The returns, are also inflated, which indicates that the cryptocurrency is sliding towards bubble territory and even though it is a cryptocurrency, you can't really buy anything with it.
|
|
|
Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)?
Bitcoin has volatile price swings, therefore it might not be an ideal investment for retirement. But some financial services offer the option of investing in the cryptocurrency through self-directed Individual Retirement Accounts (IRAs). Also as per the long term outlook, IRAs are excellent for investments as they hold major potential on the scale of decades.
|
|
|
|