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1  Bitcoin / Bitcoin Discussion / Re: Is Block Chain going to be the next internet? on: October 31, 2018, 09:20:45 AM
Blockchain is revolutionery technology that is spreading in the world. It is so efficient that almopst every office will need this tech in near future which makes it the next big thing. But, comparing it to the internet is a bit weird.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Platform pending on: October 31, 2018, 08:57:59 AM
Even if it is not a scam, the developers team surely is inexperienced and not good at their job. I don't know if the price can rise ever again but most of the ICOs are failing due to this reason. They are not getting their price high and abandoning the project eventually.
3  Other / Beginners & Help / Re: I am a novice trying to understand why and how Bitcoin works? on: October 31, 2018, 08:46:25 AM
If you're new to the crypto economy it is obvious you'd have questions regarding things like the growth Bitcoin had experienced since 2009, how it happened, how does it work, why there are countries that are for and against it and so on. Thing to understand is the growth of the crypto economy is still very much in its early stages and yet it has grown a lot in a very short time showing off it's potential to investors in terms of it being something along the lines of asset and currency. If you're keen on learning about the economy there are detailed information about it and everything crypto on the internet you can find with a little searching.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Most of the Icos are failing main reasons on: October 30, 2018, 04:06:02 AM
There are a lot of small and big reasons together that usually cause the fall off for an ICO. The core of these problems being but not limited to such as, the idea that the project is based on, how well it can be implemented for real life use and their strategy to make it all happen is full proof or not. The teams capabilities and their ability to be responsive to their investors on their inquiries to ensure their trust on the team. And even then it's not just all on the project, people who invest in their tokens if they dump as soon as it is listed will obviously cause thr project to suffer. There are a lot of factors for us to understand that dictate the success and failure of an ICO.
5  Bitcoin / Bitcoin Discussion / Re: How to prove source of funds 4 bank? on: October 30, 2018, 03:50:11 AM
As there are certain factors of security especially when it is cryptocurrency related it is very common for a bank to require a lot of details regarding your cryptocurrency and how you came to be in posession of it. Giving the required information will help them understand the origin of your funds are legit and not of any fraudulent nature they'll soon verify and give you back access to your account.
6  Economy / Speculation / Re: Bitcoins volitily predictions when it has reached 21 million made on: October 30, 2018, 03:32:17 AM
First of all it will take a lot of time for the last Bitcoin to be mined, around 2140 give or take. We see Bitcoin as such a potential for investment because when it debuted back in 2009 it was worth a mere 0.6$ per coin. And this is the same coin that topped out as far as 20,000$. Sure it peaked at 2017 and it has lost more than half the value but, people are more confidant than ever as it has reached from the deepest part of the dark web to the mainstream. And as far as speculation goes a lot of big names in crypto have are speculating some huge value to turn up in BTC such as John McAfee expects it will go as high as 500,000$ by 2020 to Mike Novogratz expecting it to go for 40,000$ just by the end of this year. But in the end it is speculation and we're have to wait and see how it turnsout.
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