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1361
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Bitcoin / Bitcoin Discussion / Re: Investment Strategy
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on: May 22, 2018, 07:29:27 PM
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Its very important and good to diversify your investment and at that buying bitcoin or trading in bitcoin is the number one choice when it comes to investment and also investing in other altcoins that have great potential is also a good way of doing investment in other not to just out you eggs in one basket.
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1362
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Other / Off-topic / Re: Bitcoin & College students .
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on: May 22, 2018, 07:26:27 PM
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Am also a college student and am very happy that the crypto revolution is happening in my time where I have the opportunity to study crypto and understand it perfectly before leaving school and after my schooling I will go into full time crypto trading and bitcoin will be my first choice of investment because bitcoin is the only cryptocurrency that is 100% decentralized.
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1363
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Most cryptocurrencies will crash to zero
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on: May 22, 2018, 07:19:52 PM
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Am not convinced with that, when a moment will come the cryptocurrency will crash to zero level. But they may be tokens in the crypto world that will crash to zero but not the totality of crypto, because cryptocurrency is the financial revolution of the 21st century and at that it capacity can not be undermine by just assumptions.
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1364
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Bitcoin / Bitcoin Discussion / Re: Crypto currency in five years!
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on: May 22, 2018, 07:16:54 PM
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I believe in the next five years from now cryptocurrency and the block chain technology will occupy 99% of the world financial system making it real and evident that most of the world population will have adopted cryptocurrency as they payment system and a primary currency, with the way things is going cryptocurrency will reach a level where everyone will be able to access and use at will.
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1365
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Alternate cryptocurrencies / Altcoin Discussion / Re: Do you panic?
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on: May 20, 2018, 07:12:36 PM
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Panic is always part of investors because is not easy to see a project you invested on being destroyed by those who invest little or nothing at all, but in other case if you trust the project so much and you understand it fundamentals it will lessen you level of panic. To me what I first do it to study the white paper of any token I wish to invest in and at that built my confidence on that convictions of becoming a successful project at the end of it all so with that any form of misuse along the line will not border me much due to my conviction.
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1366
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Bitcoin / Bitcoin Discussion / Re: bitcoin is the vehicle, we run it
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on: May 20, 2018, 06:50:53 PM
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You are right on this, bitcoin is a vehicle and we are at the driver seat and are in control what become of bitcoin is what we make of it. All the image bitcoin have today either good or bad is as a result of our actions as users of bitcoin e.g bitcoin if use for illegal transactions is not the bitcoin that carry out the illegal deal but we as a user. Bitcoin is just a tool in our hand we can use it which ever way we like so long we are holding it.
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1367
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Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin for future
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on: May 19, 2018, 08:08:38 PM
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Due to the high volatility in the crypto price it is difficult for any one to project any coin that has a long term potentials but there are few coins out there which have proven over the time to have some good potential and a futuristic with they project development, one among which is the buzzshow token which for a very long time refused to get listed on any exchange until the put a finishing touch on the development and the intergenerationa of the project. So I think investing in it is worth the risk.
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1368
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to get fast rich in crypto world.
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on: May 19, 2018, 05:43:34 PM
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Any project promising fast rich must be a scam project and I will advice never to put your money into such project as most of them are ponzi scheme which are out to promise their investors an unrealistic returns on investment, life is a process and at that everything happens within stipulated time you can't get rich over time.
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1369
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Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think if Facebook releases its coin?
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on: May 19, 2018, 05:37:46 PM
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If Facebook decide to release a crypto coin it will not be different from all other altcoins we have in the system but again it will increase the social media awareness on cryptocurrency and help to bring more people into crypto currency with that increasing the Price of crypto in the market since it operate on the economic law of demands and supply. So Facebook coming into crypto is a welcome development and we will look forward for that.
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1370
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Alternate cryptocurrencies / Altcoin Discussion / Re: Buy altcoins or not?
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on: May 18, 2018, 06:34:25 PM
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It depends on individual decision because you may choose to invest in altcoins and I decide to invest in bitcoin it depends on our choice of investment, but when you want to invest for a long time then you can look for a promising tokens to invest in and leave it for a long time before deciding to sell it and cash out your profits.
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1371
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Economy / Economics / Re: How is Bitcoin different from Etherium?
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on: May 18, 2018, 06:30:52 PM
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How is Bitcoin different from Etherium?
I have seen many questions on this matter around Bitcointalk, so I thought that this would be useful as a source. Hope you enjoy and don’t forget to say “thanks”.
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So let’s start off with the question “What are Bitcoin and Etherium?”. Well, they are cryptocurrencies, based on the blockchain. So what makes Bitcoin and Etherium so different, if they are based on the same system?
Bitcoin
Bitcoin is often defined as the “digital gold” and that is for a reason. It had been one of the first cryptocurrencies to appear and this makes it such a popular coin nowadays. It can be defined as the dollar of the blockchain, as it is only a payment method. It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form. Bitcoin can be used for multiple purposes, one of them is inviting in ICOs (Initial Coin Offering). Once you support an ICO, they give you their tokens, which can be compared to stocks, which grow with the company, although are dependent on the price of Bitcoin and the market in general. Some other purposes are investing and basic payments, which are getting more and more popular nowadays.
Etherium
Etherium, on the other hand, is defined as the “digital petroleum”. It had been launched at the beginning of the crypto market development, and many people see it overtaking Bitcoin in future due to it’s flexibility. Of course, it is priced lower than Bitcoin as it had entered the market way later, but that does not deny it’s usefulness when it comes to innovations. Shortly speaking, where Bitcoin is just a currency, Etherium is a platform for other applications to host and grow at. It is so “open-minded” as a platform, that you could build anything on it, starting from 3D printing to traveling network management. And that is the quality that allowed Etherium to enter the big market: it occupies a different area rather than Bitcoin, therefore serves for different purposes.
Conclusion
For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.
Despite the fact that etheruem is the petroleum of the cryptocurrency due to the fact that it operate on a 1.2.0 software while bitcoin is operating on 1.1.0 is still remains that bitcoin still remain the kung of crypto, because bitcoin as the first coin to be created still come with technology that is highly decentralized then what we have in the etheruem network. Etheruem is the mother of all altcoins but bitcoin still remain the most preferred cryptocurrency. |
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1372
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Bitcoin / Bitcoin Discussion / Re: how do you think of bitcoin in future?
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on: May 18, 2018, 06:18:18 PM
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Bitcoin has always hard advantage over all other crypto coins despite the fact that bitcoin has many limitations when it comes to accommodating other coins on it network but for the fact that bitcoin is the first and most reliable cryptocurrency it still enjoy lots of advantage over all others such ad high price and the ability to control the Price of other crypto coins.
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1373
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Bitcoin / Bitcoin Discussion / Re: Learning Cryptocurrency in Universities?
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on: May 17, 2018, 07:19:14 PM
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If universities can replace the in relevant entrepreneurial course being thought in school this days with cryptocurrency most of the graduates will be self employed through bitcoin because they will have first hand knowledge about crypto and how it works before living the university and at the end become gurus when they are out of school helping them to look away from the government for employment.
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1374
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Bitcoin / Bitcoin Discussion / Re: This guy has lost 103 Bitcoins
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on: May 17, 2018, 07:15:09 PM
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Well way back at 2011 bitcoin value was very low compare to what we have today, this guy must be really disappointed at this time seeing how much money he has lose due to mistake on his own part. We all need to be careful with our wallet details because that is the only way we can secure out bitcoin. I hope he will fine a way to sort it out some days but till then he should keep hope alive and don't give up.
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1375
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Bitcoin / Legal / Re: Criminals and Bitcoin
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on: May 17, 2018, 07:02:59 PM
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I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
Criminals will always use bitcoin just as they use dollars and other currencies to carry out they transactions in the dark market, and bitcoin being decentralized and untraceable is an advantage to them to use it to do most of they illegal deals without trace and enemies of bitcoin are now using such avenue to discredit the credibility of bitcoin. |
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1376
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Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin?
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on: May 16, 2018, 05:44:22 PM
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Government is all about control and regulations of all activities that is taken within they territories, but bitcoin as a decentralized commodity can not be control or regulated by any person or government so at that the government of most countries of the world will never buy into the idea of using bitcoin since it is an independent commodity. Even the financial institutions of countries will always attack bitcoin since they feel that bitcoin will take over their responsibility in providing financial services to the people.
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1377
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Bitcoin / Bitcoin Discussion / Re: Samsung has now entered the cryptocurrency world
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on: May 16, 2018, 05:39:21 PM
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This is a great new to the crypto currency world because Samsung going into mining will help spread the good news about the community which will leads to more acceptability and at the same time bring new technical development and advancement to the crypto world since Samsung is known for their ability to make good and affordable software's and smart devices. |
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1378
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Bitcoin / Bitcoin Discussion / Re: Zimbabwe Bans All Cryptocurrency Activity
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on: May 16, 2018, 05:35:13 PM
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I don't know how true is this information but to say Zimbabwe as a third world country banning bitcoin/cryptocurrency transactions will have little or no effect on the crypto market since their as a country can add nothing to the crypto network. But to me crypto will help grow their crippling economy and help they citizens to have a second source of income and currency.
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1379
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Bitcoin / Bitcoin Discussion / Re: Bitcoin will silence its haters...
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on: May 16, 2018, 05:29:56 PM
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I believe so and also hope and pray that bitcoin will one day become so successful that those who are hating on bitcoin will regret not investing in bitcoin when their hard the opportunity, bitcoin have faced a lot of attacks both from individuals and organization and our payer is to be able to stay focus in other to succeed. Bitcoin will one day become the future of all financial transactions across the world.
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1380
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Economy / Economics / Re: The value of bitcoin?
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on: May 15, 2018, 08:19:59 PM
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Just believe the fact that bitcoin is a store of value, I know that the volatility of the bitcoin market makes it very hard for it future market to be predicted but in at that bitcoin will go so high in terms of price so as that bitcoin as a store of value will continue to increase it values as more people keep coming in to bitcoin.
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