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Proof-of-Authentication
Bounty Joined: SIGNATURE
Telegram Username: @Wingoooo
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As more and more countries become "cashless society", Bitcoin will fail in next 5 years.
How sure are you with this statement? A cashless society will increase the demand for cryptocurrencies like bitcoin. This cannot kill bitcoin, it will boost its usage.own As long as there will be improvements, the introduction of the second layer protocol (lightning network) for bitcoin's blockchain is the possible relief for the current problem. |
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You have a contrasting statement.
Bounties only consist of 2-5% of the total supply of the proposed tokens. And not everyone dumps their earned tokens right away. This do not have a big effect on the market price.
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I would say that the stupid ones are the one who sell at the dip. The smart ones are the people who sell at the peak price, it is not easy to identify the peak price. And then these people buy at the dip, hence they got more bitcoins.
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It is better to buy bitcoin today that to mine. That amount is not sufficient to get higher yields in mining bitcoin. But if you really want to go on mining, mine other coins and not bitcoin, the mining difficulty is high and not efficient.
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I have red about this last year. And yes this is a great idea. With the growing number of people working for bitcoin, it is an easier way for them to make payments especially for education. I hope the usage of cryptos will be wider in the near future.
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Long before bitcoin was introduced, the idea of blockchain existed. It just became popular with the rise of bitcoin. To make the story short, bitcoin is just an igniter for the rise of a new technology which has a wide range of uses for the financial industry, supply chain, government transparency, and many more. Blockchain will not be known without the creation of bitcoin. It will just remain as an idea and an unpopular and underrated technology. Bitcoin just made it possible for blockchain to be known. But today, with many coins existing in the crypto space, blockchain will never cease even with the fall of bitcoin.
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Battle of emotions and clear thinking. You sell, you will lose. If your investment went down, just hold, time will come that its price will go up. The market is continuously expanding so just hodl.
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This is the truth behind the rise and the fall of the price of bitcoin. People who don't have much knowledge about the coin, they just want to benefit from the pumps without clearly knowing everything behind it.
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Just like this post, GARBAGE.
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Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20. How many years Bitcoin will need to become No.1 ? It will take some 10 or more years for that to happen. In 10 years, many countries will adopt the usage of cryptocurrency as a national currency, it already started and many countries are starting to get interest on making their own digital currency. This will increase the popularity of cryptocurrencies and with Bitcoin as the top currency, its usage will also grow further. |
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Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
Definitely there are other forms of bank investment where you can have control of your money. You just don't know about it. It's crap if you will invest without assurance that it is not a scam. There are more scams in the crypto world. And keep in mind that Bitcoin's price can go very high or very low overnight, you cannot have control over the price fluctuations. You only have control in buying or selling your asset. In terms of risk, bank investments are a lot safer compared to bitcoin investments. |
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Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?
I still see crypto advertisements but yes, there are no ICO ads. Certainly to avoid fraud, we know many scam ICOs. And people can get easily hooked into it. |
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So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
Not with bitcoin but with the technology behind it. Banks will be of little use to nothing if this world will turn to the integration of blockchain in all financial transactions. Corruption in the government will be eliminated if blockchain will be integrated in all transactions. Plus the use of blockchain in voting, this will create transparency for all. This is the future, and they can't stop it from happening. |
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
It is very far from happening. Unless it can have stability and faster block confirmations then it can be a truly efficient tool as a regular currency for everyday usage. Bitcoin will just stay as a speculative asset. |
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hello guys, i found bountyhive this day and i found out that i need to login my facebook account or twitter account inside the website in able for them to count my stakes. Does anyone using bountyhive here ? what are your thoughts ? is it safe ?
I used their platform before to join some bounties and in my experience, it is safe. I also have some talks with a team member on telegram and they ensure me about my concerns. I can say that they can be trusted and so is their platform. But still, do it at your own risk. |
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Yes,you should because on my opinion, Investment is the key to success  but always remmeber, learn from other study the system, Focus on your goal and specially dont put it all on only one investment, Make sure you know your objective!! Bitcoin is great |
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some people need bitcoin because of money they sell everything they have to get a bitcoin and some peopl love to use bitcoin because no one can control over ot not even the goverment .Bitcoin is need to make a money and buy anything.
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Dont quit your present job for bitcoin but you can still doing while you having your present job make bitcoin became your part time job more job more money.
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