Latest posts of: Omosomofa

Since you have the money from bounty I will advice to either keep in your wallet or sell to use for Personal things in life. Reason why saying so is that no investment is guarantee to last longer again. I have my own experience I invested $1100 in program but hoping to get more percentage to pay back but at the end they run anyway with our money. So I concluded not to invest again. But am not discouraging you not to invest but be very careful on where to invest the money in. Do solid research about the platform and after some time like 4 to 5 months take your money back so that you will not later run at lost or complain. And then continue your bounty program to win more. Is very rewarding if only you follow sincere company..

Less volatile than cash, Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online. Ease of online shopping ,As we already know, Bitcoin can us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money. Bitcoin is digital and decentralized , With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks. There so many reason why it can't be compare to cash money.

I will explain some major ways two
1. Mine your own Bitcoins
The very first way to get your own Bitcoins was through mining. In 2009, every block mined (every 10 minutes on average) brought a reward of 50 BTC to the lucky one who managed to solve the computational problem. Right now, every block brings 12,5 BTC. While the reward is still luring, there are some issues which stand in the way of earning some loot
The hashing difficulty has grown significantly over the last years. No single equipment has enough computational power to compete for Bitcoins.
2. Do work for Bitcoins
If mining is not for you, you can search for work that you can do for Bitcoins. There are multiple services that will offer one an opportunity to work for cryptocurrency. You can find something at Coinality or by just going to /r/Jobs4Bitcoins on Reddit. Currently, you can earn Bitcoins online as a freelancer mainly, but some Bitcoin startups and companies like Overstock offer an option to get the regular payment in BTC. With greater acceptance, there will be more options to look for.

Yes and No, and let me explain both. No. Bitcoin’s circulation is not large enough to power an entire country let alone the world. It can become a de facto standard of moving wealth/value, but will remain so as a fatherless/motherless currency (at best). Bitcoin has its fair share of problem (confirmation takes too much time, the 51% forking issue remains, number of transactions per second is limited, block size issues, etc.It will most likely not die. It will definitely become an important currency to allow cross-border trade amongst various facets of business society, from free-lancers getting paid, to cross-border remittance rails. However, it will not be the final straw or the final currency that we will see.
Yes. Bitcoin opened avenues on how peer-to-peer value exchange can be done (using the blockchain).
But all these are problems Bitcoin Version 2.0 could solve and be adopted. Who knows the next variant of LiteCoin or Dash or Ethereum’s Ethers could be exactly what we are looking at. The concept of Bitcoin gets my Yes vote for the future of money. Governments will realize the power (and benefits) of digital money - some already are, but cash and other paper instruments still remain. At some point in time governments might just issue their own version of the bitcoin enabling transactions without the need of intermediaries.

What I have notice is that signature campaign. Most pay with their token while only few ones pay with Bitcoin or other Altcoin like ETH. Someone need to be careful not to waste time on project that will not pay. Because I have experience something like that. I have work in a project for three months before discovery that the project is not going to pay us. I regret why joining signature on that particular project. Wasted my time and effort so, someone needs to be very careful on the project he need to involve signature campaign.

Bounty is a nice for those that have no helpers. Personally I have benefited a lot but just that coin market is bad this period with price being Red almost everyday. I have at least from reward from Bounty program like from BGD, HOQU, THUG. But I have not sell any because price keep dropping everyday. But I know for sure that one day all will moon and cash out soon. At first I was skeptical about bounty whether it will bring any reward until I saw my friend cash out big from Bounty without investing any of his money. I recommend bounty those start up newbie in crypto space. Bounty allow you to earn more token.

I love the concept of Bitcoin, or frankly any cryptocurrency which the world, or any society, country or eco-system collectively agrees can be used as a store of value and means of exchange. Bitcoin can not be control by any so Called government and you not be track with the amount you sent. You are the owner of your money nobody can control it for you. Bitcoin can be used in other to send money to when exchange rate is high in converting to other currency. Bitcoin can be used to make investment internationally. Payment can be made with easy anytime any motion. Payments in Bitcoin can be made and finalized without one’s personal information being tied to the transactions. Due to the fact that personal information is kept hidden from prying eyes. Bitcoin protects against identity theft. Bitcoin can be backed up and encrypted to ensure the safety of your money.

Don't regret for taking late decision on getting some of the crypto coins. The whole cryptocurrency market has been rising and reached $300 billion dollars..Some coins were booming 10% - 148% in the last 24 hours and we are seeing a very positive trend in the marketplace. Bitcoin itself has risen in price by $1,000 in just 1 hour today.It's been said that Bitcoin can go up to $40K by the end of 2018...This is the year of Cryptocurrencies boom! Companies like IBM and many others are adopting cryptocurrencies. Even all future public services will be on the Blockchain as Governments are embracing cryptocurrencies.All this if you know how to take advantage of cryptocurrencies, buy the right ones and hold or trade, then you will massively amass a fortune in Bitcoins. Take advantage of this moment.

The whole cryptocurrency market has been rising and reached $300 billion dollars..Some coins were booming 10% - 148% in the last 24 hours and we are seeing a very positive trend in the marketplace. Bitcoin itself has risen in price by $1,000 in just 1 hour today.It's been said that Bitcoin can go up to $40K by the end of 2018...This is the year of Cryptocurrencies boom! Companies like IBM and many others are adopting cryptocurrencies. Even all future public services will be on the Blockchain as Governments are embracing cryptocurrencies.All this if you know how to take advantage of cryptocurrencies, buy the right ones and hold or trade, then you will massively amass a fortune in Bitcoins.

Media Influence
The media can also influence the bitcoin price significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price. For instance, news about bankruptcy or hacks on bitcoin-related websites and services can cause panic and disruption among bitcoin users, leading to price dips. Negative news about government involvement and regulations as well as news on the use of bitcoins in illegal dealings such as drug transactions and money laundering tends to have the same impact on the bitcoin price.
Stability of the Bitcoin Network: Stability of the bitcoin network is a major factor that most bitcoin enthusiasts are concerned about. Most people want a secure network where they will not lose their money. Unlike the conventional currencies like euros and dollars, bitcoins are largely perceived as economic bubbles as they are only valuable when exchanged with other currencies, but do not have any inherent value on their own. If most people and business organizations stopped accepting bitcoins, the “bubble” would burst, leading to a fall in the bitcoin price.

Am not just hearing the first time that Bitcoin will end off. I have heard it many times without number. Even recently one of my Friend said the same thing that Bitcoin will soon be banned by Government. I smile then told him that.. That will he hard to them to do because many of the countries supported Bitcoin but what most want is the regulation of the price, which is impossible because is a decentralized Blockchain. And the owners are not known so is very hard to even think of arresting them. Nothing they can do, they can't Stop it that will be hard of them.

Am not just hearing this for the first time that Bitcoin will die off. I have heard it many times without number. Even recently one of my Friend said the same thing that Bitcoin will soon be banned by Government. I smile then told him that.. That will he hard to them to do because many of the countries supported Bitcoin but what most want is the regulation of the price, which is impossible because is a decentralized Blockchain. And the owners are not known so is very hard to even think of arresting them. Nothing they can do, they can't Stop it that will be hard of them.