Lately i see many new crypto exchanges / shitcoin exchanges.
I find that creating new exchanges these days isnt profitable anymore, why would someone switch from a long known exchange like binance/coinbase/etc. to some brand new exchange? Even with a marketing campaign, theres not much you can innovate. All exchanges that promise "no KYC fiat trading" is either a scam or will be shut down due to AML policies.
Exchanges which allow anyone to list their own coin ( exists ) are very vulnerable to Dip and Ditch schemes.
Overall i find working on a new Crypto Exchange a waste of time, money and effort unless you have some truly insane idea.
Am i wrong? Correct me if im wrong, willing to hear all your opinions.
It's all about making money. People know how profitable in crypto space and making a crypto exchange is also their way to earn money. It's up to you to choose which crypto exchange you want to trade or use. Every people want to earn, putting a crypto exchange is their way , So you can find a work suitable for you to earn if you don't like to work in crypto exchange. |
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Everything you will do in crypto always need research and be careful even in downloading different wallet apps. It's really a good advice for everyone ,be careful specially those new on crypto world. Don't trust easily in any fake wallet apps in playstore.
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No doubt that the future generation will continue to adopt cryptocurrency because they can earn from this and it become useful in many ways. So, for me crypto will live forever no matter what happen. Digital currency is very valuable now and I think it will become more and more valuable in the future.
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That's great that there is already a vaccine, atleast we have hope that covid virus will be stop. If there is a vaccine , we have a protection not to become affected of it. Hope it will be available in the market soon.
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we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?
I will be very happy with your opinion
Of course crypto will become affected during this circumstances that we don't have control. Natural disaster always brings severe damage and one of the most affected is the electricity and internet connection where we use in crypto space. No electricity + no internet + no signal = No crypto. |
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Bitcoin will not die just because of slow transaction processing. Maybe you just put a very lower transaction fee and you just You should learn why bitcoin was created and how long it was in crypto space until now that the value are still too high and the adoption is keep on growing.
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I think I need to teach my kidz about bitcoin and how to use it so that they will know how to access my bitcoin wallet if ever I will die. Because if you die now and nobody knows about your bitcoin and no body knows about your bitcoin wallet and private key then your loveones will not benefit from your digital money because it will just remain and keep silent inside your digital wallet forever.
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Bitcoin always the leader in cryptocurrency and those other altcoins are the followers which is sometimes follow the trend of bitcoin while others made didn't follow bitcoin that's why now that bitcoin almost going back from the last ATH, other altcoins still sleeping.
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"Bitcoin will be used instead of paper money"
we all know about Bitcoin. Even a few years ago no one had any idea about the sale. At today's price of 18 thousand dollars, the price of 1 bitcoin. It is a remarkable revolution. Bitcoin needed only one thing. Big companies accept Bitcoin. But it has been
somewhat successful in 2020. Bitcoin is going to be the currency of the future. Its value will increase at such a rate in the next five to six years. Which no one could have imagined. One is just people believing in bitcoin. If you use paper money you can destroy that paper money. but you can never destroy Bitcoin. Which you can't catch. There is no question that you will ever destroy it. This is mainly due to the differences between Bitcoin and paper money.
There's a lot of big company that already accepted bitcoin. The problem why bitcoin can't be the currency to replace paper money is because of it's volatility and internet access. Not all knows bitcoin, not all knows how to use gadgets and computers, not all have an internet connect and other area has a poor network connection. There's a lot of factor to be consider first. |
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I think so, because most of the people are now working online and there is a huge possibility that bitcoin can attract them just to earn to overcome difficulties in life cause of covid 19 pandemic.
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Ethereum is more popular than polkadot even though everything is possible but I still believe that it can't take the place of ethereum because almost all people using ethereum blockchain and mostly people are more familiar in ethereum rather than in polkadot.
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Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.
So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.
What's your opinion? Should we HODL for Life or for Lifetime?
I agree, we hold bitcoin just for life and not for lifetime because we still need to sell bitcoin that we have in order to live. Only those person who died and didn't pass their bitcoin to their family will hold it for lifetime because nobody can access their bitcoin forever unless their is a hacker that can hack their account. |
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Bitcoin is too expensive now. It reached $18K last day and those who bought bitcoin during dump last march and hold will surely gain a lot of profit. They are so lucky, unlike me, I didn't hold because I have no enough capital to buy big amount of bitcoin to hold.
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In what business would you invest ?
considering the current situation we are in ,what business do you think it will have success ?
What business do you think it will be the next Coca Cola, McDonalds,Tesla etc ?
Food businesses are more attractive and profitable nowadays but if you put up a business don't forget also to invest in crypto which is more profitable if you have enough knowledge about it. |
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Maybe one day Google and Facebook will be like Paypal willing to adopt cryptocurrency on their platform. But, still not as easy as what you think, it depends if many people will use crypto currency to pay for ads and other Google and Facebook services. If ever it will happen bitcoin will become more and more popular and useful that even government will be attracted to legalize it.
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Bitcoin is now more than ten years of existence and those who still says that bitcoin is scam , I think they are just envious with bitcoin and to those who already earned a lot in bitcoin. Maybe the think that if they are believe in bitcoin earlier and invest on it , they are also rich now or they have some gains now. What I mean is that those person who always said bitcoin is scam has a lot of regrets in their hearts and mind.
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If vaccine is ready , then we can say that it could be the end of corona virus because we already have weapon to fight against it. But as long as vaccine is not ready and there is no tentative date if when it will become available in all countries, then we should still take care of ourselves and continue to follow the health protocol so that we can avoid to become affected of that virus.
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Governments all around the World Secretly start using together with banks the bitcoins.
Oil is done so They replace bitcoin instead of oil.
The btc volatility might go like daily 50k-100k price Changes.
Bitcoin will be instutionalized permanently.
The Global market prices Liqutation postion will be fluctuated by Bitcoin price.
I said this before but nobody didnt listen but now its here!!
How do a digital currency will replace a natural resources like oil and gold? Bitcoin is valuable enough no doubt but it is a digital currency that can be use as investment and payment method. Bitcoin, oil and gold has a different functions that's why it's difficult for bitcoin to replace gold and oil. People can live without bitcoin and gold but Oil is essential for daily living. |
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Bitcoin is very useful and valuable digital currency. It is not scam currency like what other said. People who will rebel against bitcoin are those who doesn't have knowledge about it and just believe in many fake and none sense news.
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What are some legit ways to earn cryptocurrency? I see alot of airdrop scams so i'm not sure if there is a airdrop website that reviews the airdrops they list
Try to join signature campaign or any other campaign that you can do. Avoid airdrop, that is just a waste of time. If you have capital , try to study and learn trading and investing so that you can earn profit from cryptocurrency. |
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