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Blockchain technology is the main reason why Bitcoin is valuable. It defines the true purpose of Bitcoin as a decentralized digital cash operating on a platform that eliminates how financial transactions are made for goods and services. The idea and relevance of Blockchain technology is the definition of the value of Bitcoin. Once you understand the purpose of blockchain technology, you will know how valuable bitcoin is and would be...
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Depending on the requirements needed, it can either be safe or a total waste of your time. Personally, I see airdrops as a waste of people time and resources. How can you like, share or post on all your social media just for $2 to $10? The annoying aspect is that, almost all airdrop coins or tokens are shit coins with no market value. People should stop wasting their time on airdrops.
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The world is not out of idea or solution. The problem now as to do with adaptation of the use of blockchain technology and cryptocurrency by the entire world. Just a hand full of people are aware of Blockchain and cryptocurrency, and new projects being launched don't really have any realistic idea or aim in bridging a specific problem in both the crypto space and the entire world. Investors only buy into projects with realistic purpose and solution.
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Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280 But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585. What happened  if bitcoin price is $ 20 000 then ethereum price is only $ 600  First and foremost, what you need to understand is that back in the years 2016 and 2017, ethereum was paired with Bitcoin on most exchange platforms. This made any increase or decrease in Bitcoin to affect the market value of Ethereum. The introduction of stable coins shifted the exchange pair of ethereum and Bitcoin. Ethereum now has all its pairing on most exchange platform with stable coins. Due to this, the change in the market value of Bitcoin does not directly influence the market value of Ethereum. |
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Bonuses are only to deceive people
Definitely, bonuses are meant to deceive investors and people from either reading or researching about the purpose and aim of the project. Looking at the crypto ecosystem, people are more concerned about the profits they will make from their investment rather than understanding the true intentions of any crypto project launched. The idea of the project should always be the main focus of any investor. |
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1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly
This is all planned from the beginning....
Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.
In as much that a new crypto project present a good investment discount to crypto investors, they need to first read and research more about the project before investing in it. All shit projects have the same characteristics and do not have any realistic solution or aims in bridging any specific problem in either the crypto space or the entire world's ecosystem. Only knowledge and research can safe investors into investing in shit projects. |
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Ethereum was never dead in the first place. People should understand that the value of Ethereum was meant to drop considering the entire altcoin market. The possible market value I see Ethereum reaching will be between $200 and $300.This is due to the fact that most altcoins like ethereum are been paired with stablecoins on most crypto exchange platform. Due to the pair of Ethereum and other altcoins to stable coins, the bull run of Bitcoin no long affect altcoins and Ethereum is a victim of this.
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Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?
Researching and reading a project's whitepaper is very necessary and important. The whitepaper contains the basic foundation of the project and the future image and purpose of the development of the project. It tells you the investor the particular gap the project is likely to provide solutions to. Reading the whitepaper of a project tell you the investor how realistic the project is and whether its solutions or purpose can be achieved. |
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What new investors in the crypto ecosystem are more concerned about is the profit they will make from their investment. They don't really have time to research and understand what they are investing in. Due to this, any change in the market value of the crypto coin they have invested in, they sell and start spreading FUDs about the entire crypto space. Their impatience is as a result of lack of knowledge and basic understanding about cryptocurrency investment..
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What do you think guys? how many years do we need for all people using BTC?
Looking at the current state of technology in the world's ecosystem, its gonna take a while before Bitcoin will becomes a mainstream digital currency for mass adoption. It can be estimated that about 5% of the world's population is aware of the existence of Bitcoin and in order for mass adoption, the remaining 95% needs to be aware of it for mass adoption. |
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Proof of Authentication
Campaign: Signature
ERC-20 Wallet Address: 0x536a67Ff519547B354c5eDc05505AC4dB84AA57E
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Bitcoin can only increase its usage when people come to realize the true purpose behind the creation of Bitcoin and how relevant it is in terms of how it can be easily sent or received at any part of the world you find yourself. People just need to understand what bitcoin is and the main idea behind this crypto coin before its usage can be increased...
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Well, cryptocurrency presents the kinda financial freedom where you can easily send and receive funds from any part of the world with the lowest transaction fees seen in the financial ecosystem. Thus the kinda freedom cryptocurrency gives the people who decide to use it for their financial transactions...
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I invest in projects with specific layout plans and roadmap which usually plans to address a particular gap seen in either the financial ecosystem or a specific problem or challenge seen in the world in general. Projects that present products that address the mass adaptation of cryptocurrencies are the kinda thing i will surely invest in.
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Do you know why only few projects are dynamic and effective? They have genuine/pro teams and their Teams & Developers are experts with past experiences from other crypto businesses and companies in their pasts,when pro teams come together to build new ideas they will easily reach their milestone and become successful. If you can do research on projects that arent scam but failed its because they lack the professionalism idea.
Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all,this is why many projects that appeared to have good ideas failed in the end.
Projects with pro teams always have a solution to every problem they come across when development is ongoing,either in Bear Market or Not they always know what to do that won't affect their coin or token
These reasons are very true but I also think that the main reason behind why a lot of new crypto projects fail before they hit the mainstream market is that, these projects do not provide any significant solution to gaps seen in both the crypto ecosystem and the world financial ecosystem or specific answer for a particular problem in the entire world in general. Once these projects do not contribute any specific value to the world and the crypto space, they are very irrelevant to investors. |
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Based on technical analysis from experts, we may not see an altcoin season this year. If you are still holding them, you may have to hodl a little longer.
I don't think I will agree with you on this. The altcoin market currently can be described as a gold mine and with good knowledge and understanding, investors can easily take advantage of the drop in the market value of most altcoins and make huge sum of profits. The altcoin market is currently unpredictable and it can easily experience some kind of bull run in any moment from now. |
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Altcoin and cryptocurrency investment in general is not about what coin to invest in but it's about knowing and understanding the basic principles needed to invest in cryptocurrencies and the risks associated with investing cryptocurrencies. This will help you identify specific strategies available and what coin to invest in at a particular time.
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I don't really understand why people are so interested in knowing the identity of Satoshi. If Satoshi wanted everybody in the crypto space to know his identity like we would have known that on the day the whitepaper was released. All those claiming to be satoshi are just people who are just interested in gaining some attention in the crypto ecosystem. They are all fake... The crypto space do not need this kinda claims...
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Well in some part of the world ecosystem, cryptocurrencies are the preferred option for payment of goods and services but for mainstream use of cryptocurrencies as alternate payment option, its gonna take a long time. The decentralized nature of cryptocurrencies is the main reason behind the delay in the adaptation of it as an alternate payment option in the mainstream financial transactions.
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Crypto is not blockchain, blockchain is not crypto. Stop mixing these terms, you only create more confusion. Cryptocurrencies are decentralized payment networks, blockchain that those companies are planning to use is a centralized technology for managing databases.
Terms of what cryptocurrency is and what blockchain is, Cryptocurrency is not blockchain but blockchain introduced cryptocurrency and there is no cryptocurrency without blockchain or blockchain without cryptocurrency. So in a simple way, both are some way connected to which other. There is no cryptocurrency without blockchain and no blockchain without cryptocurrency. The banks are no scared of crypto but they are just scared of the idea of decentralization of the financial ecosystem. |
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