Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
I think it's because you didn't dig into the bonuses they would pay you. So you keep thinking that the money you gain will be a lot. Or it may be because after you finish the project and the money you receive on the exchange, their value is not high. So before deciding to join a project, let's learn about their potential |
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I'm working on an article right now. And this thread is my way to get it published, hear opinions of community and have a great discussion about sharp topic. Is there any future of Cryptocurrencies?in some countries like India,Pakistan,Indonesia and many other countries cryptocurrency are banned Can these countries should use crypto to make best future??? I'm want to know your knowledge about crypto and also your opinions please visit:- VTX
I think the future of electricity money will thrive. Countries like India, Pakistan, Indonesia .. although banned, many people there join the Crypto market to make a lot of profit. That will greatly improve the country's economy. Although the crypto market has not been restored as before, I believe in the future they will thrive and be used by many users. |
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The altcoin industry have lost some big percentage of patronizers due to the poor performance of the market in the recent months, this have cause so many enthusiasts to lose interest in altcoins in general thinking the cryptocurrency industry can do with them. There's no denied the industry can do without most of the present altcoins but cryptocurrency can't can't survive without altcoins been present in general. No disrespect to Bitcoin as it started the journey but the industry have grown beyond bitcoin.
The achievement and development ethereum as a blockchain has contributed for the industry, if the industry had just bitcoin it wouldn't had recorded such developments. We can't do without altcoins, they have become a part of the industry. The sooner we realized that the better the industry become. Don't misunderstand this post, I'm not advising against investing in bitcoin or encouraging investing in the present altcoins although, all I'm trying to say is, if you think the altcoin industry is going into exile, think again.
The altcoin industry is only going through a phase which won't kill it and as what doesn't kill you only make you stronger, the altcoin market will come out stronger as the good will be separated from the bad projects although bitcoin will always be a household name. Invests wisely and don't forget the best of the best altcoins are yet to be developed, the current ones I consider them to be just test dummies, preparing the way for future altcoins.
What's your take on this, do you think the industry can survive without altcoins that's just bitcoin been the only currency in the space.
yeah i agree with your point. I believe that the altcoins market will thrive in the future. Because the projects behind those altcoins are very potential. Those projects will be very useful in the future. So, I think altcoins will thrive and become indispensable for the crypto market in the future |
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Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??
yeah if you have a lot of money investing in bitcoin or ETH is always a safe choice. Because their value always allows us to make a profit. Although sometimes they will be discounted on the market, but certainly it will soon rebound strongly. Because the crypto market exists until now is thanks to bitcoin, so I think you will be very difficult to lose if you are patient. |
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It's no secret that many governments and central banks worldwide have paid close attention to the development of Blockchain technology. The same promises to provide lower costs and greater efficiency than traditional systems. Bitcoin's success proves that Blockchain is extremely ideal for finance. Once governments start rolling in their own digital currencies, people could see a reduction in payment processor fees like never before. Not to mention, transactions will become blazing fast within a matter of seconds instead of days. Which is why, it makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are too hard to ignore for central banks and governments worldwide. Everything will be much cheaper and efficient than it used to be with the traditional monetary system of physical Fiat. What are your thoughts?  I agree with your point. Blockchain technology will be of great help to the economies of developing countries. Since the advent of the crypto market, it has brought a lot of profits so that partly makes a country's GDP increase. So I think it will not be easy for the government to give its people the freedom to use crypto. They will create their own currency and use it to help the economy develop more |
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Even with the efforts done by the inventor Satoshi Nakamoto and the people who supported bitcoin around the world, still these guy from EY says there was no practical use for it and the deflationary model can only give damage to the global economy. On my thinking this isn't the case if this guy could only see how good the invention was. For me he was just talking non sense. Something that should not be entertained. Imagine how many lives have been saved by bitcoin in my locality. One was able to pay hospitalization, the other have been able to buy for him a house and lot, others have been able to buy a car to get to his job early, and so many other things.. See how people even made bitcoin atms and for just a simple reasoning bitcoin becomes useless and damaging? I think this guy has to wake up... Read it here.. https://news.bitcoin.com/ey-bitcoin-no-practical-use-india/ Most people who don't understand bitcoin or crypto will find it to be something that will make them break the law. So they always say that crypto will have bad consequences and they will avoid it if we explain them to crypto. So we don't have to argue with those people. Keep doing what we have to do |
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Crypto has been around for over a decade at this point. The secure digital currency has many perks, but it seems that it is still not being utilized to its fullest potential.
Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.
Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.
Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.
It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.
What are your thoughts, and how do you use crypto?
I think the crypto market gives us a lot of economic things. But they can give us even more. especially blockchain technology. I think in the future blockchain will be used more in daily life. So I'm not only using crypto to make a profit, but also to learn what crypto will do in the future |
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Cryptocurrency markets continue to stagger but there has been much talk in recent weeks and months of an alt season. But is this really going to happen?
Hopefully it will come sooner. In fact, I feel that the crypto market is showing more positive signs. Alts will soon be traded again. I am accumulating a lot of coins and hope the market will recover soon so I can sell them and continue investing in higher value coins. |
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Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?
Crypto will be of great help to us when trading around the world. Because the fact that you pay or transfer money with crypto is very fast and the fees are low. That will help you want to trade more. Instead of you going to the bank to transfer money to other countries with a high cost and the foreign exchange rate difference between countries |
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Most countries are in full control of their own monetary policies and financial systems. If a alternative currency is introduced, would this improve or reduce the efficiency of a country?
Will this remove their control or would it be just another payment option, like PayPal?
Why are governments so scared of Bitcoin, if they can regulate it's use. The first defensive tool seem to be banning the technology, which in my opinion should be the last resort. Should they not analyse the threat based on proper research and public participation. < like they did in Canada > and then make harsh decisions like this?
Why are they ignoring the advantages that this technology might bring and implement extreme precautions as a primary action?
Is Bitcoin really such a big threat to them or are they just misinformed on purpose? < influenced externally by people with hidden agendas >
Let's discuss this please.
I think the government is not afraid of bitcoin. But because they don't want any other currency that can change their country's economy. In fact, cryptocurrencies are a free type of money and no one can control them. So the women themselves will not benefit when their people use crypto. Because we don't have to pay taxes when dealing with the government |
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I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?
everything is possible. It was like the value of bitcoin was initially very low and now it has reached thousands of US dollars. So we often invest in low value currencies. Wait until they have higher value and sell off for profit. But you must really understand the potential of that coin. otherwise you will lose your money |
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Personally , I lost nearly 1500$ from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way , if we get greedy then we end up with nothing.
whats your solutions do you do for cover the loss?
I always invest half. That means if I had $ 1,000 I would invest $ 500. The remaining $ 500 will always be put away in my wallet and for further investment if I'm at a loss. If I make a profit, I will continue to invest half of it. I think this is a very safe way for you to invest without fear of losing everything you have |
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Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
Not everyone can easily do that. Everyone will lose money when investing and that is the risk you will definitely encounter when investing in anything. so the best way is to learn and gain experience. When you have a lot of knowledge about Crypto, you will invest safer and gain more profits |
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I have not been really into investing though I have some stocks with a premiere banking firm here in my country, which i just left in my broker's site idle for some years now. What made me excited into investing is cryptocurrency but unfortunately it was not bitcoin but a scamming project called TheBillionCoin which by name itself really sounded so dubious. Okay, I was still innocent and naive at the time. Soon, I meet bitcoin and it was not yet that pricey at the time but because I was not convinced that it can go sky-high I just bought some. The main source of the money I invested with bitcoin comes from doing online job with a platform where we are allowed to post in many forums in exchange for some points and the those points can be converted to real money anytime. What are the sources of the money you invested with bitcoin or cryptocurrency? Anybody here used credit cards? yeah there are lots of bounty hunters and use it to invest in other coins. It is a very good way and you will not feel too depressed when you lose. Because of that money you can earn back from other projects. As for me, I always spend part of my salary to invest in the crypto market |
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BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change. People in the podcast include: Marc Warne, Founder, Bittylicious Jemima Kelly, reporter, FT Alphaville Dave Jevans, CEO, CipherTrace https://www.bbc.co.uk/sounds/play/m000676m I think cryptocurrencies are thriving and are people interested. In the future, there will be a lot of people investing in crypto like gold or real estate. Crypto will be used by many people and it will replace cash. It is a beautiful fantasy that I can imagine but it seems that this is very hard to come true |
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When 2019 started you have a lot of expectation especially when the price is moving up again from a very long bear trend, you expect that the price will reach another all-time high this year, because of a lot of great news like the Facebook coming in the market.
I'd like to ask the community, is your expectation close to the reality that we've experiencing right now?
This year is really a difficult year. Despite the early recovery of the market, the price of bitcoin or some other coins also increased. But that doesn't seem to be what everyone wants. I also have a lot of difficulties trading recently. But hope for a better future |
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A lot in cryptocurrency market think bounty campaign become not profitable this year. Do you agree with this? Please explain your opinion, let us know what you think. Please do not forget to vote
actually this year i haven't got much profit from being involved in making bounty for projects. But I still believe that the bounty campaign contributes a lot to the crypto market. so that would be considered a profit because the crypto market went up. The more we benefit from it |
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Its not a must to promote bounty project everytime
Many projects are just time wasters dont expect that you will keep seeing good bounty projects every month.
Good bounty projects might take months to show up in crypto space so of you cant find any good one safe your reputation till you find reliable bounty project that wont tarnish the image of your account,remember that promoting scam bounty project is dangerous and can get you a red trust on your btt account.
yeah we have to be really careful with scam projects. They really take a lot of your time. So, learn carefully about the project you want to invest or join to make a bounty. You have to make sure that the project has professional developers or is listed on the exchange. Those are the projects you should invest in |
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Hi everybody, I have a serious question to address:
How will you tell (or reveal) to your Bank that the huge daily (or weekly) deposits into your Bank Account are from crypto-currency profits?
- Would you go to your local Bank Branch and tell them ahead of time, that you are a crypto-currency investor BEFORE you make huge deposits?
- Would you go to your local Bank Branch and tell them that you are a crypto-currency investor AFTER you make huge deposits?
This question is important, especially for people of modest income that SUDDENLY start to make huge profits from crypto-currency.
This is really a question that is very difficult to answer. Especially in some countries, it is not allowed to use crypto. I have never had a transaction so big so I do not know what to do if encountering such a situation. But in my opinion, I would split that money up and deposit it into different accounts |
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Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions. Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? In my opinion, crypto will not be zero. It has real potential in the future. Imagine a world where you don't need cash. Everything you need is in a smart phone. So crypto is really a platform for everything in the future and you'll have lots of ways to make money if it changes in the future. |
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