Latest posts of: cizatext

You are right poster the is never a short cut to success in life and every good success comes through hard work and dedication and so it is also in cryptocurrency you need to think, study and understand the whole concept of crypto before you go into it because most newbies who are without good knowledge on crypto always tend to lose they investment due to they inability to to make the right decision in the cause of the involvement with crypto.

Most people are not yet at home with bitcoin, quiet a large number of the population of the world today are not even aware of the existence of bitcoin as a virtual currency. But the better life we always dream for can only be achieve through the adaptation of bitcoin as a universal currency which can be use at every point in time, but since bitcoin is still at it early stage it still need some level of awareness and acceptability before the adoption can become a reality.

Quote from: Sova_tmb on September 26, 2018, 07:54:51 PM

It's not prediction it's only statistics for last years. Every bull market bitcoin grow approximently 16x

2011 year : (1$-30$) ,
2013 year: (100$ - 1149$)
2017 year : (1000$ - 20000$)

Last bull market was ended in january and on the statistic bull market continues approximently one year. Bearish maret on the statistic continues approximently 10 mounth and if look on past periods, next bull market begin in october - december 2018. Therefore based on past years can to make computation next price bitcoin:
2020 year: 6500$ x 16 = 104 000$ ?

Guys it's only statics as per past years, don't accept this how accurate prediction future.

This is your own personal analysis and assumptions judging from past bitcoin price movement, but the point I will disagree with is where you predicted $104000 price in 2020 because since the price of bitcoin is highly volatile it will be a false to state an exact amount bitcoin will be in the future.

The CEO of visa may attack or withhold the access to use it platform to carry out cryptocurrency transactions but thank God for advance technology that allow user to have access to exchange of fait money and cryptocurrency I know since visa operate on the traditional banking system it will always come against cryptocurrency.

As at this moment there have not been any case of such hacking into you wallet can only be possible once the hacker have access to your private key, and this private keys are in your possession as the wallet holder once no one have access to the email address you used in setting up the wallet they can never have access to your private keys.

Well I believe the development will get to that level in the nearest future, but the fact still remains that implanting a chip into our body will not still guarantee 100% security of our wallet. Because the hackers will still look for way to penetrate the chip since it will be easy for them to access as we carry it about in our body or in the brain as the article suggested.

The dark web have been the major user of cryptocurrency because since they constantly fight to hide they identity from the general public and the law the only means they can carry out they illegal financial transactions is by using bitcoin and the rest of the other cryptocurrencies and this has really given the blockchain and the cryptocurrency a very bad name and in most time make government to term crypto as illegal.

It always like that the economics and expats will always predict the future of bitcoin, but the fact still remains that since bitcoin is a volatile assets they prediction most at times never come to reality because no one can predict the future of bitcoin due to it high volatility and it operations on the law and forces of demands and supply.

Except for this who do not understand bitcoin and how volatile it market can be, I keep saying if bitcoin was a bubble it should have bursted long before now. If you use the market price of bitcoin it not stable so using the price of bitcoin as the basis of your analysis on bitcoin you will get it wrong.

That bitcoin is a bubble that will burst and I ask my self if bitcoin is a bubble then it should have bursted long ago, bitcoin is not a scheme unlike ponzi scheme, bitcoin is a currency a digital currency that is use for online payment and bitcoin is also the digital gold is price in the exchange market is very high and volatile.

Good news again LG one of the world most popular electronic company accepting blockchain technology which is an automatic acceptance of cryptocurrency such as bitcoin and the rest, this will further strengthen the acceptability of cryptocurrency by the general public as a mode of online payment without third party.

You are right the richest people in the world today are people with ideas and those ideas turn into businesses which we call entrepreneur this have help them to become employers of labour instead of becoming an employee to the government or other companies. The government can never provide employment for everybody it not possible so the only way out is to go into entrepreneurial activities to become the boss you ever which to become.

Quote from: Docnaster on September 17, 2018, 10:24:31 PM

That's the goal isn't it? Bitcoin and other cryptocurrencies are aiming to improve the world as best they can, obviously it will be difficult and mistakes will be made, but these mistakes shouldn't define the entire industry. Over time, the politicians will realise the utility of crypto, and it will be impossible for them to crack down on it without risking their position.

You should go back and read the article again to save you the misconception, what the do no harm mean in the article is just to clarify where and when regulations will be applied in the cryptocurrency and blockchain technology in it entirety. We need regulations to help cumb the activities of fraud stars, Scam's and the use of cryptocurrency for illegal activities but aside that cryptocurrency should be left to develope since it a new invention just as the internet was left without any regulations to get to where it is today.

Following happening from the past I have noticed that yahoo have been cryptocurrency friendly, and launching their own exchange will be a big development and will further strengthen the adoption of cryptocurrency by many potential users. This is one great news yahoo unlike others e.g Facebook welcome and promote cryptocurrency ads on the site.

Ponzi scam have been a major challenge to the growth and reputation of bitcoin because most of the ponzi scheme have drive the mean of using bitcoin in other to evade being trace and that have made people to view bitcoin it self as a scam, this happening have contributed to the fall in price of bitcoin became many potential investors are chest away due to fear of losing they money in bitcoin.

Bitcoin exchange traded found (ETF) will go a long way to strengthen the bound between bitcoin and it exchanges the exchange bound if approved will also serve a a security just as we have with the traditional banking system having some deposits with the central bank in other to serve as an insurance to investors in the line of doing they normal businesses with the bank. So bitcoin ETF will be a stock exchange base and that will provide security of investors found.

Ethereum market have suffered heavily in the past and present and at that in other to avoid heavy loses trading ethereum you need to constantly keep an eye on the coin market in other to know when to take actions that can safe you from loses. Know when to hold or sell and with that you can safe your self from making lots of mistake which you may regret later just like you are doing now.

The crisis is almost over if you check the US exchange you will see some level of stability even in the cryptocurrency market the red days are almost over and the red days was as a result of some major player in the market taking decisions that have great effect on the exchange market in general.

I totally agree with you there is nothing as powerful as right timing in any development and just like the internet that have been widely accepted and use by almost 80% of the world population today gain the milestone through right timing. And bitcoin/blockchain is also going to achieve such milestone in due time in the future everyone will not have any choice rather then to embrace and use this newest technology for a better living since the time have change from the traditional way of doing transactions to online and digital ways.

Quote from: Rainbow009 on September 17, 2018, 12:34:18 PM

Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.

I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.

Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.

You are right most tokens/coin move independently from bitcoin and have shown total freedom in terms of their market and price movement from the influence bitcoin have on some other coins in terms of the price movement, while some other coins depends on bitcoin for it market movement you will see that their price change either positive or negative when ever the price of bitcoin change in such direction and this is so because bitcoin is the major player in the crypto market price movement.