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1001  Bitcoin / Bitcoin Discussion / Re: How much damaged bitcoin has brought you? on: September 22, 2018, 09:16:33 AM
Well you can not have much damage if you understand how the bitcoin network is, first of all don't trust too much in it movement in which ever way weather it positive or negative direction and secondly don't rush things in bitcoin because you can only lose you money when you decide to sell during price fall you can hodl and wait. Always look away from the price chart in other to safe your self from mental damage. But before I understand the volatility of the bitcoin market I suffered much damages that almost result in me losing almost all my money.
1002  Bitcoin / Bitcoin Discussion / Re: To hell with regulations and government interference on: September 21, 2018, 06:14:16 PM
The cryptocurrency is design to be free that is the real essence of the blockchain technology it made to offer us the financial freedom which we never have due to government involvements in our traditional financial system like the faint money and the banking system, allowing government to regulate cryptocurrency is like selling out our right and freedom.
1003  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Mass adoption on: September 21, 2018, 06:04:00 PM
Well bitcoin most time don't need promotion but there is still little we can do to promote bitcoin such as social media campaign about bitcoin and the advantage it present to us, bitcoin is still at it early adoption and in the nearest future maney people even those that are speaking against bitcoin now will not have any reason not to adopt bitcoin as there secondary currency.
1004  Bitcoin / Bitcoin Discussion / Re: Why shouldn’t we be concerned? on: September 21, 2018, 12:55:12 PM
If you have followed price movement from the past you will know that volatility is part and percale of the bitcoin market and there is what is call chart correction and that is after every hope the is always a deep, so the correct happening in the bitcoin network in terms of it price crash is a normal occurrence in the market and we are confident that after this price crash the price is going to skyrocket again when the level of demands increase.
1005  Bitcoin / Bitcoin Discussion / Re: Bitcoin End Goal on: September 21, 2018, 11:59:19 AM
My bitcoin goal is to become a billionaire from the trading and using bitcoin as a payments system and also a secondary currency aside my traditional currency which is fait money, I want to become a big investor in bitcoin and make good profits from my investment and use my profits to enhance my financial life and solving all my problem.
1006  Other / Off-topic / Re: Soon we would not need banks on: September 21, 2018, 11:54:48 AM
Well I don't believe this information because the news has no link or source, but if you are a cryptocurrency lover and user you will know that  banks only deal with traditional financial system and when it comes to online payment then cryptocurrency is the perfect deal and the blockchain technology is the digital bank.
1007  Alternate cryptocurrencies / Altcoin Discussion / Re: I am most worried now on: September 20, 2018, 07:21:55 PM
You don't need to over work your self with the level of the market right now, because when you constantly look at the fall in price and the downward movement of the price chart you only hurt your self, there is absolutely nothing you can do about that so the best advice I can offer you is to look away and continue to hodl till the market recover again.
1008  Economy / Economics / Re: Do you have to make big investment before you can make profit in crypto? on: September 20, 2018, 07:16:58 PM
You are right with the saying that we should not be greedy and only invest what we can afford to let go should in case of any in eventuality, but let me put you strength on the rate and percentage you gain with your investment. Investing just any amount will not earn you a fixed profits, an investor who invest let say $1000 in bitcoin will not get the same profit margin with an investor with $10,000 the bigger your capital the bigger you profits merging when price rise.
1009  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Digital Gold?? on: September 20, 2018, 05:52:38 PM
Bitcoin in it enteritis is a digital currency and also a great store of value which is referred to as the digital gold bitcoin if not that it have a volatile market price is equal to gold and that is the reason many refers to bitcoin as digital gold. Gold on the other hand has a relatively stable price but bitcoin does not. But the main function of bitcoin is as a digital currency made for online payment on a peer to peer mode of transactions with the absence of a middle man.
1010  Bitcoin / Bitcoin Discussion / Re: ~BTC in Medical Industry on: September 20, 2018, 08:47:40 AM
The blockchain technology is taking over all aspects of our human life very soon the medical sector will be covered with the wave of this modern technology and bitcoin and other altcoin will be use to facilitate medical transactions, with the latest development in the cryptocurrency network any medical institution can develope it own utility token and subject they client to use it as payments for the services they offer.
1011  Bitcoin / Bitcoin Discussion / Re: Bitcoin fall to $8,500 is to buy Gold on: September 20, 2018, 08:26:36 AM
gold is the safest investment, it's true. because gold has a very stable price for a long time. Gold only changes very little from year to year, so it's very safe. different from crypto currency, this currency is very unstable and can be zero and has a high risk. so you have to be careful if you want to plunge into the world of crypto.
Off curse you are right gold have some level of stability in it price and bitcoin/cryptocurrency have high level of instability of price, but come to think of it since bitcoin is the digital gold have you thought of it price skyrocketing again just as it deed towards the end of 2017. It good to think both side before making decision because success is a risk in it self.
1012  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How long will bounty programs stay with us? on: September 19, 2018, 07:12:02 PM
Well bounty programs are good ways to promote either existing projects or introducing new project to the general public and at that bounty programs is going to be around for a very long time, every brand need promotion and bounty programs are the only way to promote any project in this community.
1013  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to invest all my savings in cryptocurrencies on: September 19, 2018, 07:06:47 PM
Well taking into consideration how volatile the cryptocurrency market is, it will be better not to invest all your saving in it because you never know what might happen to the market and that is why people are advice to invest what they can afford to lose in this business of cryptocurrency. You may invest some good amount of your savings but not all.
1014  Alternate cryptocurrencies / Altcoin Discussion / Re: in the future, token holders need KYC on: September 19, 2018, 07:01:59 PM
maybe in the future all token holders need KYC so that a token cannot be misused for bad or illegal things. Is it possible
Yes I believe that will be possible in the nearest future, it will become a criteria for the development of any token in the future to enable KYC and that is where the real regulations will cone in. Once every cryptocurrency have the feature of knowing your customers it will be easy for the authority to trace any illegal dealings that may be carried out using such coin.
1015  Other / Off-topic / Re: Do you agree with me ? on: September 19, 2018, 06:57:19 PM
Bitcoin since it inception has created a lot of jobs not only in  IT alone but in all other aspect of the financial sector, bitcoin have help to created a system in the financial sector were the middle man is being omitted and that gives room for faster, secured and easy transactions. Bitcoin have created jobs in all the aspects of life such as in companies, industries and even creation of personal business.
1016  Bitcoin / Bitcoin Discussion / Re: High risk results to high rewards on: September 19, 2018, 02:45:48 PM
Well iny idea most of those guys who will never invest in bitcoin/cryptocurrency don't have the desire to risk and lack the general knowledge of investment which is no risk no rewards, since you stated clearly that you only risk an amount you can lose that is the best choice and since you invested just hope and pray that the bitcoin market volatility will favour.
1017  Economy / Economics / Re: Will crypto solve socioeconomic problems? on: September 18, 2018, 07:02:58 PM
Off course cypto can help the economic problem of any country just take for instance a country that is going through recession, it citizens if introduced to cryptocurrency will have a choice of choosing a secondary currency which will not be subject to the economic problem being faced by they traditional currency and again help eas their pain due to they economic crisis by way of making extra profit from cryptocurrency.
1018  Bitcoin / Bitcoin Discussion / Re: Why shouldn’t we be concerned? on: September 18, 2018, 06:24:11 PM
Well we are confident in the market due to the fact that our experience in the past have built the hope in us, before now bitcoin/cryptocurrency market have witness one or two falls before and this present crash is just a temporary happening with time the market is going to recover and answer to the call of demand.
1019  Bitcoin / Bitcoin Discussion / Re: When you think of currency what will come to your mind? on: September 18, 2018, 06:17:53 PM
I believe in no time bitcoin is going to achieve that recognition of being listed among money due to the role it plays in the world financial system, bitcoin is being use as a medium for payments all over the world today and that is an essential role there. IMF already know about bitcoin and it capacity but just waiting for it to gain full recognition.
1020  Economy / Speculation / Re: Sell car for Bitcoin on: September 18, 2018, 06:13:53 PM
That is very unwise of your friend, how can any one sale the only means of livelihood just to jump into an investment he/she know totally nothing about. Not only bitcoin alone but every other investment involved risk and at that invest only the amount you can let go without any form of hurt to you selling his car to buy bitcoin is not a welcome move at all.
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