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Well for some instance, people are now doing online transactions yet using fiat money or their countries' currencies in doing so, but yeah, bitcoin can also be used specially of those who have it. I use it on paying my bills, buying loads, online shopping, and etc so, yeah it is really indeed a solution for transactions while we are on this pandemic.
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Hmm I think it isn't really the COVID 19 fault why bitcoin Price drops because we even see some minor increasing of the price amidst the crisis, but it is mainly because of the market. If the most of the people sell their assets, then we absolutely know what will be the effect of it. So it is really on the investors for me.
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I mean there is no really direct relationship between the pandemic, which is COVID 19,to what's happening in the market. It is really on the hands of the people, where we can see that many are panicking that's why they are selling and such. Just my two cents though.
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My way is just when casually talking to someone like when talking to my friends or classmates, I will insert bitcoin out of nowhere (but of course, in a way that it wouldnt look like I just talk to them because of it). After inserting that topic, it is easy to back it up or explain when I see that the person is actually interested or curious about it. The the rest would be history.
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Hey guys, I wanna ask you a simple question. Do you still believe in crypto? Do you think it will strike back and we all will be rich? Why?
Of course yes, I still believe in cryptocurrency because I still believe that the crypto will strike again just like what happens last year ehen the crypto strike very much. Just trust in crypto and we will all be rich. |
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With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20 widely known coins, their standard is maintain, investors will be happy.
I think the one of the main reason why many are creating some coins is just because they want to destroy the other coins and they want to be the top of it. Because when the coins that they are creating became mainstream they will earn more money. It is just all about money why they are creating more coins. |
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why it's important to read white paper
I know to know about the project if it's a scam.
what is the importance of white paper I can ask for your opinion.
thanks.
In my very own opinion, whitepaper is the most important thing other than the website itself, in the project or in the ICO because when reading some white paper you will noticed when the project or the ico is a scam or not. In the white paper it contains the important information on the said icos or projects. |
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I was just thinking and imagining the bull run that happen toward the end of last year when the crypto market became a cake of enjoyment for everyone. The story is on the contrary now. I am wondering and disturbed that can it ever happen again? My wallet coins are reducing in value daily. I am not completely sure if it can happen again.... somehow I still have little believe it may. Do you think it will happen again?
Of course the bull run may happen again just like what happen on the past year. All we just need is to wait when that bull run will happen. Who knows maybe next month or next year the market pump up very high. Let's just wait what will happen on the near future. |
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
I think bitcoin will not disappear because as long as there are miners who are mining bitcoins there's no reason that bitcoin may disappear, many people are mining bitcoin and also many people are patronizing bitcoin so I think bitcoin will not disappear no matter what happens. |
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Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
As we can see on the current situation many projects did not success or failed, so I think why many people call the projects are dead is because many projects are scam and failed to reach their caps so those projects became failed. |
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
For me to avoid to entertain those fake bounties and ICOs, I've always read the whitepaper and also go to there website or web page to do some research if the that bounty is a fake or not. |
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How do panic selling affects the market and why does it affects the coins value?
Panic selling will affect the market because if they panic sell there coins the supply of that coins will increase and when they hold those coins the demand will increase so the price will also increase because of the lack of supply. I thin that is the affect of the panic selling and holding of coins. |
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I did not scam before because I've always be careful on what web page I'm accessing and also I'm much aware on what ICOs or campaigns are those who look suspicious so that I will not entertain those kinds of bounties or ico.
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I think many became a holder is because the ICO market or the crypto market is very down right now so many are just holding their earnings or tokens so that they can avoid a great loss when the time comes. And they also hold their coins and tokens so that they may earn more.
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holding will not get you nowhere. holding gives you an opportunity to earn high profit, and the demand that you are talking about will come when the project itself has a latest updates or plan that will make the price increase due to its demand.
Hodling will get you nowhere? Hodling is one of the most good opportunity for you to have a great profit because if you hold your coins or tokens there will be a huge possibility that the coins or tokens that you are holding will increase the demand so that the price of the tokens and the coins that you are holding will increase and you can gain a great profit. |
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Hey guys. Remember, in crypto sphere we can’t trust anyone! ICO rating sites are lying to us, you have to do YOUR OWN RESEARCH always! Remember this, and don’t let yourself be scammed!
I believed that all you can trust is only yourself. Don't trust anyone so that you can avoid those scamming, better if you do your own research to know and find which a good ico you can go. |
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Do you have any good reason to believe that the ICO market is going to grow this year?
Of course yes, this year is really bad for the ICOs compare last year in which almost all of the ICOs become successful. This year I don't see any sign or reasons that the ICO market will increase or grow because as we can see the market is very unstable. |
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May be this year is the worst year for the crypto. market is very uncertain and no one knows the reason All we have is just a "hope" do you really believe that crypto will revive again.. i am losing hope now
Yes I think also that this year is the worst year of the crypto because the market continuesly dumping and no sign when it will pump up again. The month of december is near already and the coins must pumping right now but there's no pumping that is happening. |
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Yes the time will come in future because the digital currency is booming. A lot of people already use this currency. Hopefully in future it will the main transaction system. So the basic learning should start from school.
I think its a yes that cryptocurrency must br taught in schools ot havr a subject about cryptocurrency because crypto blooms very quick and it will helps our economy to grow. So I think students must know what crypto is all about. |
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5- Thundercrystal
Thank you Krog!
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