Show Posts
|
Pages: [1]
|
Cryptocurrency is the correct term to be used for the digital currency as it is used as an online currency which can transacted from any part of the world without a third party involvement, cryptocurrency run through the cryptography network which makes the digital currency to reach the destination at the right time.
|
|
|
Bitcoin is the first crypto currency in the crypto graphy network all other crypto currencies are the followers of the original crypto currency with additional features in them, all other crypto currencies other than bitcoins are termed as altcoins and currently there are more than 1500 crypto currencies or altcoins in the crypto graphy network, some of the good altcoins are litecoin, peercoin, dash coin , primecoin the differences will be the transaction speed will be higher in the altcoins with low cost of transaction compared to bitcoins.
|
|
|
The time is right to buy bitcoins as soon as you enter into bitcoins because from the study on bitcoins always shows that the price of bitcoins had a steady increase every year which shows that bitcoins is a good investment, so don't for the right time instead get it as early as possible as there is potential for the bitcoins market to hike in the market.
|
|
|
As bitcoins are highly volatile it is really difficult to predict the increase and decrease of bitcoins in the crypto market.
|
|
|
I first heard about bitcoins from news papers then I came across a whole lot of articles on bitcoin technology and has heard a lot from the bitcoin investors as bitcoin is a money making scheme or making money out of thin air, the whole concept of bitcoin was so interesting that it made me get into this bitcoin technology.
|
|
|
I have heard about this bitcoin technology back in 2010, but the biggest mistake i have done is I did not get serious on to this bitcoin network back then, and that is a biggest loss in my when I got in the community the bitcoins have reached so high that it is not easy get even 1 bitcoin.
|
|
|
Bitcoin is always the best and the first crypto currency in the market and there is potential for the bitcoins to increase its values 1000 times more than the present value so better to buy for good rate of returns on your investment.
|
|
|
Yes of course there is possibility for the bitcoin network to improve the economic status of a country by providing a source of income to the unemployed and an additional source of income to pay out day to day expenses of the working people in fact this network has the capability to eliminate poverty which ultimately improves the economic standards of the country.
|
|
|
Bitcoin is here to stay for longer and not to vanish, we can see from the bitcoin network that it is growing every day with more number of bitcoin users.
|
|
|
I hope bitcoin will be a game changer as I have heard a whole lot of this bitcoin community which has changed many people's lives, this will be life saver which helps to survive the financial problems and upliftment everyone equally.
|
|
|
There are lots of scam site's that say they will give satoshi for visiting their site but there are also genuine sites which pays satoshis which will be too low, all I could say is that its just a waste of time as they pay you only small bits of digital currency. If you are so particular then go for it buddy.
|
|
|
If you have plans for long term investment then I would suggest to buy now rather than keeping it for later when the value of bitcoins skyrocket to $10000 USD. More and more countries are legalising bitcoin which helps to increase the value of bitcoin currency. As the demand increases the value of crypto currency goes up, each day more and more people enter in this crypto market. If u procrastinate then there will only be time for regrets when the value goes up.
|
|
|
As bitcoin is trending all over the globe this can be considered as the currency of the century, like othercurrencies bitcoin can be bought and sold in exchange for fiat currency. Bitcoins can be bought using credit card or through bank, after purchase of bitcoin it can be transferred to your personal wallet which can only be used by the user and that bitcoin can be used to purchase goods or for trading.
|
|
|
|