Latest posts of: gamechangers

The price of Bitcoin is increasing incredibly because of the total demands for Bitcoin. The more people buy or use Bitcoin, the higher the price of it will become. Bitcoin is becoming more famous because of its price. As bitcoin becomes more popular, people's interest will increase and yet drive the price higher.

Bitcoin is the number one cryptocurrency. bitcoin is so popular in cryptocurrency market, its value rises every year that makes more people want to own it. Every new person joining the cryptocurrency world is most likely doing it from his fiat currencies which seriously impact on the bank and government.

Firstly, I guess you invested an amount you can afford to lose? If your answer is yes, then I will ask you to settle for a long wait. It is going to be worthwhile at the end. The downtrend we are currently seeing will reverse and go bullish with time but patience is needed.

Can any one destroy bitcoin? Nobody can destroy bitcoin. Nothing unusual is happening to Bitcoin at the moment and as a matter of fact, bitcoin has survived several attacks in the past. Bitcoin can only die if the community holding it decides to drop it but they are enthusiasts who will always protect their coin.

You will find out at the end of the day that only very few of the numerous ICOs announced are real. Some came with good intentions but their project failed because they have no well throughout plan and did not put their idea to test. Some are outright scam. They just come to deceive and take your money, shutdown and disappear afterwards, knowing fully well that you can't trace them because there is no regulation.

Thanks a lot for this important question. I have been meaning to ask same question for a while because I have seen wallets that support a good number of cryptocurrencies but I am yet but see the one that supports all. I guess they don't see a need for it because I believe it is possible.

A virtual money is the non paper money, otherwise known as digital money which can be transferred electronically. Virtual money is much more convenient, because you do not have to wear large sums with you and in this case you are free from all the challenges associated with carrying physical cash.

The value of bitcoin is driven by the people using it. Bitcoin is a foremost cryptocurrency and to so many people, it is the only cryptocurrency they know. This has translated into a large community of enthusiasts who hold the coin jealously. They give it value by holding it, believing that the value will continue to soar.

Bitcoin means a lot to so many people and I am one of them. It is a source of livelihood to many. Nowadays, I can't easily estimate the amount of time I devote to cryptocurrency daily, I am in from of my laptop most time. So I strongly agree that life will be boring without bitcoin.

If you are looking at a short term investment, I will say no. Buying and leaving bitcoin in your wallet on a short term and hoping to make interest may not work. Since the price of Bitcoin is a bit stable at the moment, trading is still possible if you can avoid greed. You can still make some gains.