I feel like these altcoins have a bright future, first of all I think that ethereum can be here for a long period of time, ripple on he other hand is showing that value is a must and right now ripple is ripping off the value price in the market, while litecoin's potential is also huge same as with dogecoin and neo, basically these altcoins are gonna be my picks.
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Yes bitcoin is king, btc started all of this, ever wondered why this forum is called bitcointalk and not ethereumtalk nor even litecointalk or rippletalk? Well now you know why it is called bitcointalk. Satoshi Nakamoto and his group started the crypto world, bitcoin was released on the year 2008, while ethereum was released on year 2013, one of the main reasons why bitcoin is king is because of the longevity they have been here.
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Bitcoin is King, bitcoin started all of this, they are the first ever to start the digital currency, after them ethereum has made an entrance to the crypto world and is looking to dethrone bitcoin, bitcoin is #1 while ethereum is #2, I also think that XRP (ripple) will be able to top off ethereum, they offer both extensive and brilliant security and fast transaction but as of now ripple is very cheap.
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Recently, I checked on the condition of bitcoin, fortunately bitcoin is on a continuous uprise, the price in the market which involves bitcoin greatly, it seem that the price is on an uprise manner and hopefully it does continue for the rest of the year, hopefully its gonna be a great year for Bitcoin.
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The unstability is hard to cope up with, strategize it, before you buy be sure to find the price at its cheapest, bitcoin goes up and down, its gonna be difficult yet you'll have no choice once you have bought, yes you should wait and check the price, find the best price for you, and then go for it, it is really hard because it is very unstable.
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Recently, I checked on the condition of bitcoin, fortunately bitcoin is on a continuous uprise, the price in the market which involves bitcoin greatly, it seem that the price is on an uprise manner and hopefully it does continue for the rest of the year, hopefully its gonna be a great year for Bitcoin.
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It all started as a meme, the almighty doge meme, the cute japanese doge is now making a grand entrance in the crypto world, and these developers are dead serious in entering this crypto business, dogecoin, I actually visited their site, one thing I can say here is that they have made a very welcoming site, they made it professionally, yes they made fun in doing this, pretty much user-friendly since they made the site easy to understand but did not lack the professionalism, dogecoin is very popular, and very much knowned. Once a meme, and now is making great in the crypto world, shiba inus, brilliant.
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To think there are hundreds of altcoins out there and hundreds of upcoming ICO’s promoting altcoins and their uses. I wonder how can an altcoin have value when there are lot of altcoins have almost the same platform and uses? what are the basis of this value in an altcoin that have the same uses?
Further as what I think there are numerous ICOs out there, yes they are promoting altcoins and the benefits they can gain if they would participate, sadly almost all altcoins provide us the same platform, the uses, but actually even if they are almost all the same, we can differentiate these altcoins through their value, the price in the market, and the rankings, pretty much almost all altcoins provides advanced security.
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I'll probably be smart with my 50$ First off, I'll be planning to go 50/50 on this one, not all investments end up great, so I'll be splitting my money, I'll invest each on different aspects, therefore if my other investment fails I'll be having my investment B do the backup and once the investment comes in success, I'll redo everything until I keep on learning and then invest more until I'll become more successful.
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Not only promoting bitcoin, but to also gather as much as attention we'll be needing, the most important part here is that people would tend to know bitcoin the most appropriate way and no clickbaits, in that order people would tend to embrace bitcoin, and hopefully if we've gather that much attention governments would be able to see this.
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I think that the potential of ethereum is quite massive, after a successful year for ethereum, it has climbed up onto the ladders and ranked #2 after bitcoin, bitcoin remains to be on top but again ethereum also has the potential to be #1 soon enough and might even dethrone Bitcoin.
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Its not that the governments is against bitcoin, it is actually the government being problematic about the taxes, since bitcoin has no relation or is neutral to a country the government does not cover any of it, which means the government wont have any benefits from it, and this is the reason or one of the reasons why governments and bitcoin does not cope up with each other, take note not all governments has illegalized bitcoin, as a matter of fact a lot of countries have gain trust with bitcoin and has legalized them for the good of the country.
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For me, bitcoin is more of an opportunity than a challenge, I think that let's cherish and make the most out of this opportunity to make income and for the economy's growth also, bitcoin is very beneficial and will be a help for anyone, it's also considered a challenge since you'll be having your eyes tracked on the price in the market and stats on btc.
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I think it'll take years or so for bitcoin to die, but again that can only happen if bitcoin faces a massive downfall on its price and everything, if that happens bitcoin can either make a comeback but because of its unstability its going to be hard, and the other possible outcome is that bitcoin may die, again let's not make this as a survival game, instead let's benefit while it is still being productive.
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If you forget your wallet password this can be a big loss, if you forget your password it also means that you have also lost your wallet, make sure you have a copy of your password on your desk or on your phone, somewhere safe that no one can find it, make sure that your email address is verified as you can also reset your password on your mail, this might even be the only solution on recovering your password, so please be careful and be mindful.
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Bitcoin's stability is important, because the price, the growth, everything needs to be at an uprise manner and at a stable level in order for bitcoin to reach its goals, to reach a new level, and to grow more, bitcoin's stability also means that the potential of bitcoin in the future can expand.
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Nope, false bitcoin can be hacked, why? hackers are everywhere my friend, and It can steal tons of amounts of btc, most often these things occur on wallets, hacking can happen through your respective wallets, sadly hackers can break in if they have enough information about you and your wallet. Fraud mostly happens on investments, projecte, and trades, beware and be cautious, this is the web do not expect maximum security on the surface.
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As of now bitcoin is running unstable, so as the prics of it in the market, as months pass by the price of bitcoin goes up and down, nothing is bad if we would give predictions about bitcoin's future and other cryptocurrencies, but for now let's focus on bitcoin and it's possible outcomes after 5 years or so.
Feel free to reply, I also am eager to see and view your insights about the future of bitcoin.
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No, you should not fear about it, hackers can go through any surface on the web, track your IP, you should not fear, but instead be cautious about, make sure your wallet is secured, some wallets offer a 2FA Key which is important, and do not leave your wallet opened for a long time, hackers can monitor your activities once they have tracked your IP, in order for avoidance of scenarios like this, be sure to hide your important information, address, and pretty much your sensitive infos, especially your IP address. Do not be afraid, but be careful and cautious about your activities, avoid clicking unnecessary links.
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As of now, I fairly think that the cryptos that is and could reolace bitcoin are ethereum, litecoin, and ripple, they have great potential and are well-knowned cryptocurrencies in the market, I really feel that they have the opportunity to dethrone bitcoin in the next few years.
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