Lack of knowledge is the main reason we have only a few peoples in the crypto world. People fail to understand the true potential of crypto currencies that's why they fail to believe.This one of the reasons people don't like cryptocurrency related things. We have to teach people what is crypto currency, its benefit, its true potential. They are not going to know about crypto currency in their dreams we are the one who has to make the change.
Honestly the current numbers of people who knew or have knowledge about cryptos is very few compared to the overall populace, rigorous enlighment had to intensifies to bring more people to cryptos, there are alot of potential investors who haven't any idea about cryptos if the bridge or gap between non users and users is close it's going to ensure growth into the crypts world. |
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Now and then I offen see forks who I know to be new in the Cryptocurrency and Blockchain making reasonable profits in bounties as well has investment, is it really smart work or patience?
Forks was crucial to making profits in cryptocurrencies recalled in 2017 a lot of forks took place and hodlers who waited patiently then made much profits because any upcoming fork then triggers bullish price of cryptos particularly bitcoin prompting many holders to wait, however presently forks are no longer available in cryptoshpere thus contributed to a low volatility in the price. |
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We all know how beneficial it is for us to have a currency like Bitcoin , something that we can use without any interference and without any middle man, but there is always a problem with things that we usually unsee because of the huge benefits it earns to us and this time it's environmental pollution.
Bitcoin as we know it requires mining to continue it's supply , but the thing is mining consumes Tons of energy and thus makes it harder for us to cope up with the stress it is putting up on the environment.
Pollution, global warming Bitcoin is causing all this , one might argue that it won't be necessary after a while but what about right now ? It's hurting the environment and we have no stable solution for this.
Shouldn't we focus on this too ? Rather than other things ?
I had the opportunity of visiting a refinery and where crude oil is extracted, in the former the environmental pollution in form of smokes churning out from those chimney 24/7 is very alarming triggering global warming while in the latter oil spillages had degraded the entire riverine area making life unbearable for both aquatic and inhabitants all those effects had the polluted water and land have much more impact on the environment compared to mining of bitcoin. |
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We don't know what will happens in the future.
banks may be closed down because of Bitcoin or they can be combined. Have you watch the movie Crypto? It is very interesting and you will also think about this topic.
Banks do not necessarily need to close down Operations because of cryptocurrencies although some investors or cryptos enthusiast prefers Hodling their assets in form of cryptos in a wallet rather than banking it as fiat however I believed the bank will initiate it's own idea to keyed into cryptos system so as to coexist with it else the would lose customers savings and having to battle with the latest trend or idea of anonymous transactions via cryptos. |
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Samsung set a pace by introducing cryptos featured smart phones here again apple launching it own bluewallet that is LN featured this is indeed remarkable and a welcome development geared towards having a swift and quick transactions which had been an hindrance or impediment in few years ago as far transaction of bitcoin and other cryptos is concerned.
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Personally I see IEO as better alternative to ever increasing fraudulent ICO I can now see diversification of investors portfolios to a well secured and profitable venture having been disappointed with rave of scamming ICOs.
IEO will boast the confidence of the investors through many reputable exchanges coordinating the sales bring sanity and credibility to cryptosphere.
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We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.
$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.
Bitcoin price reaching $10K benchmark in this year is very feasible recalled the price of bitcoin in December 2018 stood at $3300+ having witness a steady volatility presently the price ranges above $5700+ in Q1 bearing in mind that Q2, Q3 and Q4 is still ahead. The bulls are gradually taking over the market after a prolonged bearish trend that had engulfed the entire cryptocurrencies market however I wouldn't agreed to any price above that Mark. |
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Day trading wouldn't be very profitable for you, if you are a newbie and haven't got much experience, then go for long-term hold, it would be less risky and you would gain some profit in the long run.
Day or daily trading isn't very easy as a newbie without knowledge in trading you wouldn't be profitable this requires vast knowledge in charting particularly analysis in Candlestick patterns whereas HODL will be surest means of making profit as a beginner, recalled in December 2018 the price of bitcoin retraced or pullbacked to $3300 newbies who bought and HODL must have taken some profits now without any technical or fundamental inputs in regards to just buying and HODL. |
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Great opportunity to all the beginners who really want to know more or deeply want to be part in crypto community.
But I am just curious whether all the information that you are going to provide are 90-100% verified and correct.
Especially that you are also tackling about trading in which many of us really want to become professional in it and at least have a steady income by trading. I will keep on monitoring your information and hoping that there are no bias of it.
I believed there are better avenue for testing those trading strategies revealed in their site especially as a beginner by demoing it that is practising it via a trading simulator just to verify the consistency in making profit before investing as a trader. It's a good step in the right direction for aspiring cryptos traders I had visited their site the information is beginner friendly and very similar to forex trading strategies invariably will attract more newbies into cryptocurrencies trading. |
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I see that the crypto world is developing very fast, including bitcoin. And also with the entry of technology and breakthrough breakthroughs, especially in the ICO project. But my question is whether it would be good if there were still many people who were reluctant to develop and increase their knowledge too and still depend on the opinions and predictions of others?
In my heart I say that is not true. What about your point of view?
It takes a lot of time and efforts to be well grounded in cryptos that is why many people seek the option of others experienced cryptos enthusiast before taking any decision however once such a knowledge is acquired a crypts enthusiast will not seek any opinion from anywhere. There are a lot of people who still seek information about cryptos on Google although some might not follow it up and reluctant to do more research |
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There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.
The numbers of exchange do not matter to me and what is important is how good there are. The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations. We just need to get more of them because competition bring professionalism. Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto. As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate. I also subscribed to a quality exchange over quantity with the issue of the numbers of rates in which hackers hacking unsecured exchanges is very alarming I believed investors should be more consigned with investing or trading with a well secured exchange recalled the issue of cryptopia exchange that was hacked recently thus losing a huge amount of investors crypts assets is an indication to their firewall not well secured. |
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I always going to explain for the one that want to listen, I won't bother to try to convince anyone anymore, they already see how they can get profit by only holding it, and Japan already start to adopt, many countries already start to study crypto, so if they not interested then its their lost
It took me much efforts to convinced two colleagues of mine on the need to adopt cryptos luckily one of them bought some bitcoin for a trial in December last year when btc was $3400+ surprisingly with the recent pump he sold at $7800 making an reasonable profits within the span of four months, this guy was glad and willing to buy again when the price dump more to it I was able to practicalize how to use and transact bitcoin thus I won't relent in my efforts to bring in more people into cryptocurrencies |
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When they are abroad they have cash or their debit card to milk them of fees.
And since average Joe goes abroad only for fun/holiday/city break, he may not even pay enough attention to the few percents he gives extra to the banks, because hey, one doesn't have to be cheap when we talk about his own holiday. On the other hand the banks are also adapting. My bank has now "happy hour" when I can exchange between my local currency and USD or EUR at a very good rate (national bank's exchange rate) max 1000 EUR/day and I can make my debit card work with EUR when I want to. Which becomes interesting at holidays. Still, I'd prefer to pay directly with Bitcoin  This is business. Once the banks can feel that there can be viable threats on their market share of course they can do something about it. Once Bitcoin can go mainstream and can take a big share of the money transfer market these banks can introduce their own offerings to entice their customers to stay with them...they can even introduce Bitcoin-like platform to counteract the growing Bitcoin influence. What is good here is that competition always makes the consumers or customers the ultimate winners. The market will then decide where they will go as we are in open business environment where competition is encouraged and awarded. That is why the banking system had been clamouring for the outright ban of cryptos having seen it as threat to own existence, sending such a huge amount of bitcoin swiftly and well secured with such a small charges amount to the blockages of sources of incomes to the banks had it been that transaction was made via the banking system of course an outrageous charges will be paid. Adoption of cryptos globally all face many challenges from different directions mostly from the banking sectors. |
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Withdrawn my application
Sorry for the inconveniency
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From the article: The Indian lawmakers have suggested in the bill that there is an urgent need to completely ban cryptocurrencies in the country as it leads to ponzi scams and supports money laundering activities. If the government is indicating cryptocurrency as ponzi then I might say they do not understand what cryptocurrency is. or if they referring to traditional ponzi scams then I want to say, will it stop ponzi scams if they ban cryptocurrency? I guess no, fiat will take over but ponzi will never stop. I think Indian Lawmakers need to spend some more time on the internet to educate themselves about cryptocurrency. And one thing more, does Indian Rupees totally pure from money laundering? Honestly those lawmakers hasn't got the idea of cryptocurrencies and lack depth knowledge of what cryptos is all about, however I am absolutely sure before their next hearing a further consideration on the ban will be looked into because of the vast population of Indians cryptos enthusiast and users I believe their actions would not stand test of time. |
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Username: gabbie2010
Post Count: 1760
SegWit BTC Address: coming soon
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Btctalk name : gabbie2010
Rank : Sr.member
Current post count : 1759
bustadice Name : gabbie
Wear appropriate signature :yes
I will like taking the slot for a full member
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Becoming a consultant in cryptos requires a lot of experience in fact their is vast resources and tools for speedy learning process in this forum and google however its takes a lot of time, patience and dedication to fulfilling your ultimate goal, an adage says 'Experience is the best teacher' you have to fully involved in any cryptosystem so as to be fully updated and learned.
More so a lot of comments above had word of encouragement for you stick to them sky is the limit.
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And also we can add one more point is no one will share their winning strategy to anyone so if someone selling that means they just want to make money from nothing,if they have skills they can make it by themselves.
Honestly I don't subscribe to those shit paid signals I was made to understand that they earn more by selling a non consistent winning signals, a friend of mine had quit such services researched and came out with a good strategy which he had been using thus making some profits for him although it is a forex strategy having spent huge amount of money on the so-called paid signal groups without any achievement. |
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