Well, just as many have pointed out you can't hack Bitcoin but the wallets can be hacked due to many factors, as some are unsecure, some people are not security conscious enough visiting phishing sites or download malware programs and others blatantly expose their wallet keys.
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In the next 3 years, I'm thinking that the crypto market will become more stable and a lot of awesome projects would have kicked off in Ernest and also they will be a wild adoption of crypto by then.
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I hope the supposed expert opinions don't come to pass because if the trend continues till the end of the year it will create a panic that it will take something really huge to get people to rally round crypto again.
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I'm afraid you may not be far from the truth but the crypto market as we know it can take a second to overturn the current trend. It all take some huge information in the media for people to start rushing in.
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Bitcoin truly has no competitor, even after holding altcoins I will still exchange them for Bitcoin in order to increase their value. The majority of altcoins will be nothing without Bitcoin.
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It will succeed but it won't come easy, many people are confident in blockchain because of its application in bitcoin so taking bitcoin out of the equation will result in a lot of uncertainties about trust.
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Bitcoin has carved a niche for itself, inasmuch as crypto is hard to predict I doubt a time will come that bitcoin will stop being the market leader. Many people here bitcoin first before knowing what cryptocurrency is all about.
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Many people will say it is the right time but I will tell you that there is no assurance that it is the right time. Market volatility has shown that prices can go high in a second and become bearish the next and we can't say we have seen the worst of it yet. There is still a tendency that prices will continue to fall.
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Bounty hunters are always getting the stick but we tend to forget about those who invested in private sale and pre ICO with bogus bonuses that sell their millions of tokens immediately after ICO to recoup their invested amout. Instead we blame bounty hunters who have to wait for some weeks to months after ICO to be paid by then the big investors have already dumped their tokens.
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Currently I'm not excited because I don't have any plans of increasing my portfolio by buying more coins instead my portfolio is steady decreasing because of the price fall.
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I think absence of formal education does not mean that a person is not educated. Problem arises when a person lacks any sort of knowledge whatsoever but someone who can read and write and is willing to give himself or herself into studying cryptocurrency, I don't see the problem of such a person joining cryptocurrency.
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It depends on the coin, some are better sold immediately than held. If you decide to hold some you will run into a considerable loss compared to the ICo while some coins can go on be increase exponentially if held.
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The way the crypto market is positioned has made even the best of the best eat their words, I don't think one can technically say when the market will be stable but since it's about one's opinion, I'd say towards last quarter of the year we will be able to see some stability in the market.
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I think they are trying to distance themselves from whatever problem might result in investing in ICOs. We are aware how some has give a bad reputation to cryptocurrency by conducting scam ICO. I believe Facebook just want to protect users and also their image.
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I think the current price is good for the community, so that many people can afford to buy into Bitcoin. My dream is to own at least 10BTC by year end.
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What about those who participated in the ICO that dump their tokens way before bounty hunters are paid? Bounty hunters shouldn't be blamed for token dumping, besides most of them need the money from the biunty to settle some real life problems.
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The price of Bitcoin is already high so you wouldn't expect it to make 100% rise each time an altcoin that's worth a few cents does so. It's understandable why it doesn't move as fast as some altcoins.
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If by "free" you mean without investing, the answer is airdrops and bounty campaigns but you should be careful as most of the airdrops are just there to Spam people with no real reward and some bounties end up not paying after you have finished working for them. But the good news is that they are still good ones out there, so do your research extensively and join anyone you like.
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Truth be told, some are not worth holding why some will go on to yield you a good return if you hold. Depending on the project and how likely you think they will succed, you can cash out once you're paid to avoid holding a trash coin.
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My losses started months ago but I've decided to leave my investments the way they are since I don't have an urgent need for the money. I'm just hoping that we start to see a reversal soon.
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