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I am only observing the market price movement that time and so far i can only say that those events are really not good for all the investors because i will create fear on them that maybe the system will end so it is better to lose some of it'ts money than lose all of it. Yet those times when market price fall down was the best time to invest in cryptocurrency.
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Yes it could really be possibe because the people around the world are already aware on bitcoin system. In fact more and more people have come to join in cryptocurrency and even participate in an ICO projects hoping that they could share some earnings on the investment being brought by a team. Well getting involve in an ICO should have some careful readings and study among the project to avoid getting scam.
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I am proud to tell all the members here my country the Philippines is the first to adapt and accept cryptocurrency being regulated by the government. As we all know that Philippines is greatly influenced by USA and that see something that USA has done on the cryptocurrency and quickly embrace cryptocurrency. The idea is to give license for local exchange to operate and in return clients doing crypto and fiat exchange should do one time intensive KYC that inludes linking facebook and collecting I.D even asking for billing address as to get a good cash in and cash out process. THe intensified KYC will determine the amount that you will going to exchange. Aside from that those ICO project should be registered in AMLA a government department concern on money laundering law. So this will cater and regulate possible abusive form in the use of cryptocurrency.
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USA is one of the most strict countries when it comes to the approval of cryptocurrencies. The reason is very simple and that is to avoid the use of system into illegal transactions that might bypass the USA rules and regulations and could not trace people who will going to involve in illegal activities and for the illegal transactions. That is why KYC is needed in all ICO projects being introduced on USA.
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well bitcoin is decentralized system and it offers anonymous during the trade so it attract more people who whose only intent is to make more money or laundering money. Anyway some of the exchange has done regulations and implementing KYC so that it could be noticeable if someone will do money laundering.
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Well the CEO ripple are just making noise so that ripple could get more investors and volatility will takes place in order for them also to earn more. As we all know that if you are going to purchase their coins there are probability that their team would personally mined the transactions or they are having a good relationships with the exchanges so this could be good to their coin.
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By creating multiple business emergin from bitcoin system will help the world's economic and one of it is mining. From crypto mining more business will be created and first is the creation of the GPU's, from the demand of its materials being used to the assembly of it is already a business. The current being used in installing GPU's benefit also from this activity. Aside from mining bitcoin that literally earns you profit doing some maintenance on this GPU's could be another business. And i am only referring to mining and there are lots of opportunities to earn in bitcoin system.
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We have different principles and ways of life but the most important thing to be rich someday is not the way and how you do things in life it matter with your attitude towards on your goals in life. Here in cryptocurrency there is no fast and easy money but one day if you are lucky enough it is guaranteed also that you can be rich here in cryptocurrency,
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It could be more valuable if the altcoin could be really use in the project being implemented and this could result to high demand on the altcoins. If the product is being utilized and market to the clients then possibly it will get a good market price increase and that would make an altcoin valuable.
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Nope bitcoin is being misused and there are many misconceptions against bitcoin. Some are saying that bitcoin is used in a form of payment which actually there is an happening where some establishment accept bitcoin but we all know that there could be some regulations on it because that bitcoin will be converted to fiat and there are transaction fee's to be taken after bitcoin converted to fiat money. But if the establishment will accept bitcoin without the conversion of bitcoin to fiat money that would be great. This is one of the problem and one of the misconception. Some would also say that it could save fees from the banks if we are going to save in cryptocurrency but actually here in the Philippines it is costly since local exchange has higher rate and that would be much expensive than saving money in the bank. For example we buy ether for 430 USD which in the current price in coinmarketcap is only 410 USD so got 20 USD and that is already a big thing and exchanging it to fiat it could be another story for example you had sold ether for 410 but the current price in coinmarketcap is 430. So there could be a big difference on saving money in crypto and in the bank. But we are saving money on crypto because we know that there is a huge market price increase in the near future and we do only hold and could not day trade so sad.
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Well that could really a big problem because you are the only person who is responsible for the key to bitcoin wallet and it is block chain so even the developers could not identify the private key to it so what you are going to do is to make many back up on your private keys. Like saving it to notepad aside from notepad you could have a notebook where you will going to copy your private and many more.
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If someone had listen to you right now then maybe they had a lot of loss right now. If they believe on you then probably they are misleading now with their investment. And this is not helpful among other members scaring them away. I would rather encourage them than to discourage them on the investment. I am more than willing to help rather than pushing them back which lose them some of their money.
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Actually bitcoin was just merely a tool being used to represent the fiat money being exchange in return that it might get a good market price as time and more people that will engage in bitcoin that will result to high demand on bitcoin. The market price value for bitcoin will determine its demand. So meaning the higher the demand for bitcoin the higher also its market price. But its usage is none? Unless if someone or both parties will agree on the forms of payment which is bitcoin is being used.
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Yeah they are already having some good assets depending on their lifestyle but to those who were able to save their bounty rewards absolutely were able to gather a good amount of bounty rewards and i could conclude them that they can get 1M for just bounty rewards especially those people who were able to join not later than the year 2017 where merit rank is not yet implemented and they were able to get a good ranks and able to receive good bounty rewards.
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Well Eth is use for investing ICO projects and i am buying to invest in a project. For now i am still looking for a good project that will surely make a good profit on it in the near future. Well hopefully i could get it just like my friend has told me. And some of the ETH i will buy is also could be use for holding because i know that its market price will go high one day.
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Yes because history will repeat itself so probably there could be a good time for mining bitcoin. This is very possible thing to happen and we could expect that 2017 best records for bitcoin market price will be beaten up by this year and more more investors and BTC holders are already starting to invest on it.
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Well the owner seens to be that rich so he would not mine getting a loss on some of his money. Anyway maybe he did not sell his btc and it was just being invested to altcoins as we all know that btc could be used as a paymeny for investing an ico projects.
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But it could be troublesome to your computer if you will not use GPU's since it will run so hot and that could damage your computer. Even Hal Finney had experience mining bitcoin using his computer but eventually it started to ruin his computer so he just need GPU's to mine bitcoin. So definitely this one could really mine bitcoin but it needs a good cooling system for the computer.
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NO but it is the opposite. These ICO help to increase the market price of bitcoin because most of these ICO's are ethereum platform base and as we all know that ethereum is the direct alternative coin for bitcoin. These ICO's are using ethereum to exchange their crypto and ethereum to bitcoin to fiat money. So the participation of bitcoin and ethereum is there with the ICO promotion.
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