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Even though 5G promises faster internet and unveils new technologies in communication but that's just where it ends. As it stands now it has little to no impact in crypto. Faster internet speed doesn't translate to faster Bitcoin transfers and the rest of it. Blockchain speeds will still be at what they use to be regardless of 5G.
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These telegram trading chats actually come in forms, some are basically signal groups those ones just create FOMO and dump the coins. Another being a normal chat community where users just share tgeyr ideas on trading, tops on how to be successful and stuffs like that. There are actually many of these in telegram already, available in different languages.
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Being able to have some experience with Dropbox, their services are cool and simply does what it says. And they have really come a long way in providing cloud based storage services. Unfortunately, Blockchain cloud storage is pretty cool but since it has not gained much traction, not so many people know about it.
I know decentralised system stand out for their security and anonymousity, but in this case is the data not out there in the open Blockchain?
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Bakkt was a big joke from the onset. With continuous postponement and rescheduling of launch, it gradually drive away the interest of the people such that when it finally launched, nobody gave two thoughts about it. The market as it is now needs something stronger than Bakkt launch to get the prices back up just like CME futures in 2017 did.
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Apparently, the video was about getting Bitcoin free. But on the other hand, you're definitely not getting it free per say. Some of the methods mentioned here are pretty common. Gambling and mining requires having Bitcoin to start with, but gambling is kit guaranteed, it can be lost and you'll lose your Bitcoin. I think joining campaigns is pretty easier and free, but not free because you're actually offering a service.
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Coinexchange has really come a long way for. I can still remember doing my first trade there some couple of years back. It's so sad to look back and see that they won't be there again. Liqui closure came as a shock to me, now coinexchange. This is very bad and disheartening to see.
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Not so surprised at the list, basically African countries have free crypto access. For instance, in Nigeria, the government doesn't even care about cryptocurrencies. They are basically run by small and private coperations. Further, a great number of the citizens are in poverty and therefore looking for a source of income and this therefore explains the reason for these African countries topping the list.
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Very nice analysis and in depth at same time. I face read similar review like this before but not about Huobi.
Huobi is a good exchange judging from the few times ingace uses it. User interface is as friendly as possible and offers an average level of services.
Talking about best exchange in 2019. It's definitely not Huobi. There are way bigger and more popular exchanges like binance for instance,and some others that fit into the top positions.
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Bitcoin has gained all the dominance as far as the crytpo space is concerned. Nothing can displace it from the position it currently occupies. Libra is just another altcoin out there and will be as such. Moreover, Bitcoin is truly decentralised, Libra is controlled by Facebook and it's centralised, this alone defeats the aim of Cryptocurrency. So, I don't see Libra taking over dominance from Bitcoin.
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One big problem with ETH and other alts is maintaining value. Bitcoin movement doesn't very much correlate with them. We have seen alts losing a whole lot of value just because Bitcoin dipped a few percent, but unfortunately, this same scenario doesn't very much apply when Bitcoin goes the other way. Judging from ETH all time high, it has really went a lot down and doesn't seem to be getting back there anytime soon.
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This doesn't seem to much of s good news. Creating more cryptocurrencies is not really the way to go, if everyone continue to create their own version of crypto, what then will happen to Bitcoin which should be getting more deeper adoption by now. North Korea still has lingering internet issue affecting the citizen. So how are they going to be able to participate in crypto?.
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This is a very nice opportunity to leverage on and promote Cryptocurrency to a newer set of users. Since in this case your customers already know a thing or two about Bitcoin, rewarding them with Bitcoin with keep them more engaged to your services and at the same time widening the adoption of cryptocurrencies.
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Certainly, you can't easily decide which is the best exchange. You basically need to have an exchange that will tick all of your boxes.
-An exchange that provides the best level of security. It's no longer stories that exchanges get hacked and funds stolen in large quantities.
- A wide range of listings cutting across numerous trading pairs.
- Faster transaction speed.
- Friendly user interface and a whole lot of other features.
Exchanges such as Binance, poloniex, bitmex and okex are your best bet.
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Cryptocurrency was created to be a digital based currency and means payment away from the traditional fiat system. Creating a paper Bitcoin or other cryptos will just idea and nature of cryptocurrencies in the first place.
Printing Bitcoin in paper won't provide a means for the total supply not to be exceeded and at same time make it cease to become bictoin but just another fiat currency out there.
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With the way things are at the moment, considering the market movement. Next bull run won't be same as 2017 where we witnessed an exponential growth in a short period of time. This time, it will gradually build up with positive price movement. By the time people will start saying that bull run has started, it would have already gone a long way in.
On the issue of BAKKT, I don't see any much contribution from that front. BAKKT can't possibly create the impact CME futures did in 2017.
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After 10 years down the line, one should rightly think that crytpo would have been mainstream by now. There are a couple of things still hindering this from happening.
First, the volatility of cryptocurrencies is not everyone can handle. To this, so many still po refer their fiat since they don't have to face such challenges on them.
Secondly, the technical requirements needed to keep cryptos aloft is lacking in so many places especially in developing countries.
Also, lack of awareness has also played a part in delaying crypto markets from achieving mainstream recognition.
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Akon is undoubtedly one of the most celebrated African acts with worldwide recognition as well. Seeing such personality rallying support for Bitcoin is truly something to be happy for and at the same time strengthens the faith of people in crytpos. Anyways, reading up on the Akoin project, am pretty neutral on that. Depending on how this works out, we can only wait and see how well it goes.
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Africa as you rightly pointed is a developing continent. But saying they don't use cryptocurrencies is not entirely true. Over the last years, some African countries, Nigeria for instance has shown a continued support for cryptocurrencies especially Bitcoin. Even though there are few services here which accept bitcoin. The slow growth rate of crypto adoption is also attributed to the environment. There's a gross lack of facilities that will facilitate the day-to-day usage of Bitcoin.
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Don't know how to put this but I'll try. So lets say your fav club is about playing against a tougher club which on paper they're far better than your club but in your inner most mind you want your club to win therefore, when it comes to placing a bet, which club will you go far. Will you risk losing the bet to back your team winning that match, when you know the chances of them succeeding are almost impossible but since it's football anything is possible or will you bet against you club winning that match but while the match is ongoing you'll be routing for your club to win (in other words routing for yourself to lose your bet)?
How do you balance the emotion of wanting your club to win but not ready to lose your bet in the toughest of games.
You don't have to mix business and pleasure, you need to separate the two when needed. Your aim is to make money out of the situation, if it's very obvious that the team in question can beat your favourite team then there is no reason betting against them because you'll lose the bet and that's not what you want. Keep emotions aside and do the business. |
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Is trading crypto on your own with no employees and no storefront categorized as a real business?
If you profit $300 per year from this stuff, is that considered a business?
How about profiting $3,000 per year?
Or profiting $30,000 per year?
Where does trading online take on all of the aspects of being a legitimate and identifiable business?
No Trading is not a considered as a business for me its a kind of strategic gamble that if you have a good skill you can take advantage in some stage but its still a gamble there is a chance that you will win or you will lose all your investment in one time. In as much as you don't want to refer trading crypto as a business, but from your analysis above still applies to every form of business in one way or the other. Every business requires a skill set to be able to carry it out properly in order to make progress. Crypto trading has its own skill requirements too for the progress of the business. |
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