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in my area I don't find so many practical ways of using bitcoin in my daily life, nevertheless there are a few online services/shops/persons that are accepting bitcoin and the number is increasing...
What I think mostly everyone does is having an account that allows you to deposit bitcoin and convert it to fiat, directly (linking an exchange account with your fiat bank account), or using a card from the company that supplies the service, and the availability of the card, depends on the country you are in
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I guess it is a matter of finding the right balance between number and quality of coins and there is also the matter of dispersing the risk and maximizing the profit potencial which will eventualy will also disperse the weight of your investment and your eventual profits... again, finding the right balance between these will also be essencial... I find it hard  |
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this is the type of project that we all need to bridge crypto and our daily lifes... there are a few aiming for the small commerce and this might well be the key to get the world to use crypto.... Hope it doesn't take long to have a coffee shop with this payment system around the corner ...
oh, and nice payment terminals...
does anyone knows the countries where these guys are going to first?
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I am also curious if the author ended up doubling his money or not... this is definitely the kind of challenge that makes people get into crazy schemes and believe in wild promises... perfect for scammers... if he managed to do it during bear season, it will be a nice acomplishment let's hope that if anyone has this problem at the moment, it will find an easier scenario after december |
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Well, I don't know about vector, but the truth is that most ICOs end up being a scam or a total bust due to the unprepared/ unexperienced team or/and a poorly developed business plan, even when the tech part has any hope, it needs to be supported by other areas of the project... Of course that we can pick half a dozen that are really worth it and that have the possibility to change the future... With this scenario, ICOs are only for the brave |
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I agree with your thoughts... blockchain is powerfull enough to change society... I think banks have been offering a lot of services that are no longer needed due to the ability people now have to control their own finances... and they charge heavily for that and on top of it they control your finances, not you...
Banks see this and are rushing to implement blockchain and probably gather crypto... they will not fall easily...
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people hear about crypto and go crazy, rushing in, looking for a quick way to get rich... I honnestly think that a lot of people make blind investments, without even reading the WP...
It is maybe a phase, those people have learnt and are now more carefull...
don't really know what will happen on the next bull run, as a new wave of crazy newbies full of fiat will rush in looking for easy money...
We all have to contribute to stop these scams, spread the word, teach, comment... blockchain is a marvelous tool, we just have to use it wisely
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well, that's a reasonable approach... countless times, countless people have waited for the highest possible profit and than loss the selling window...
but there are also countless times in which people sold their bags with 20% profit and than it raises up to 200% over the next week...
I can say it is a safe approach and it will be easier and quicker to collect profits, especially on crypto market... nevertheless it maybe too low to explore the potencial of your investments...
It is a difficult boundary to balance...
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Well, almost everything is still centralized... internet access, electricity, etc are all centralized, and a lot of crypto projects are centralized...
If we look at the global picture, the crypto-market is young, and has relative low cap in comparison with the world financial markets, so it is natural that a few whales can influence prices, especially on low volume/cap coins... hopefully, this will become diluted with mass adoption and raising crypto-cap, nevertheless, there is also the danger that, when this happens, some of these guys are holding a large portion of limited supply coins and can effectivily control them.
P&D groups, scammers, etc also control a few shitcoins, but this is negligible as these guys will eventually dissapear when people start thinking about what they are doing...
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I think the problem is people are not serious about their investments... most are just after the quick profit like children after a lolliepop, and simply don't care about the long term project. These guys think only about the money, and this is just one of the components of an investment... so they end up damaging their own investment instead of working together to support their project and make their investment grow...
Everything is evolving... people must o so too
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it is interesting to read this op a few years later and see what ETH has become in the meantime... a lot of panic could be avoided if people do a bit of searching, this is one of the topics these people should read ... I have to stress the fact hat at the moment ETH is aroung 200USD and has reached 1400USD last year.... ETH is definitely a base to create projects that can make a difference in our daily lives, this has an escalation and transforming potencial that bitcoin does not have. Nevertheless I don't think BTC and ETH will be exclusive, as BTC is money, ETH is structure... both are needed |
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I see your points and mostly agree with them... the main problem is that reviews are paid per order, so imagine an ICO review site or a guru blogger saying that an ICO project that paid the fee is shit or not thrustworthy...
There are surely some which reviews are more valid than others... this is why we should always look at this with a critical view and not give away our trust easily...~cheers
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hello!
I think the main problem is that the hunters trust on the projects is very low as most of the ICOs are failing... it is indeed a great time to buy tokens as they are usually dumped hard after ICO and sometimes are sold bellow Private sale prices. I have seen this and been thinking about it... the problem is that to buy those tokens you need to trust the ICO project on longer term... and is getting way difficult to select the right ones....
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Everyone that has been here for longer and also the charts of BTC are pointing for this being just the lower part of the wave, the bear market is natural and it happens in cycles, so it is normal that your holdings have lost a good deal of it's value. During bear season there are a lot of shit coins that dissapear, so you need to check your holdings, and if you trust them, hold until the market recovers. If you see too much risk, maybe try switching to coins that are more "guaranteed", even with a bit of loss, this can be a good move
cheers
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seems that you might have lost some money and you are reporting your impression about the crypto players...
trading is not my area, but I hear that there are a lot of players that keep making money in spite of the market conditions... at the bear market it is time to separate the good from the worthless, and this concerns projects, traders, scammers, quick cash obcessive....
Crypto opportunities are still there, you just have to work harder and better to get them
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hello devs nice job so far... just found out about this awesome project (my bad luck as I could do some translations, but my language is already taken ) I like what you have done so far, the only worry is that some time has passed and there is still no exchange (or am I missing something?) Is the desktop wallet still scheduled for Q1 2019? cheers |
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