Yea! It is no more news that Bitcoin is day in day out gaining fame globally. Though some Governments are still skeptical because of its Deregulation and stiff volatility with the belief that Bitcoin might causes Inflation and perhaps difficult to be taxed since it is anonymous and Decentralized. But the fact remains that Bitcoin had come to stay and more positive news about Bitcoin especially on this forum are getting so many convinced making the naive wants to have the share of this coin for futuristic positive long term investment effect.
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I foresee better days with Cryptos in about that five years to come in the sense that Bitcoin especially would have gained more famousity here in accommodating and welcoming more investors that would trigger the more the values of these Cryptos. But would still not have been generally or globally accepted at all in my opinion.
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Many lessons have been truly learnt from ignorantly joining Scam Bounties. But the truth remains that ICO Bench ratings as initially purported by prior Posters can be of help averting such. I also feel aside this and qualitative management Team cum community discoveries, responses to thread and how long the project had been in existence can also be alternative or further options.
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Study of Economics is as well good if you are kinda privileged to be at the University because it is a way of boosting one's business professionally since you study human behavior as related to social and market norms. But it is not under compulsion if studies like Business Administration is obvious.
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I feel Governments may decide to create their own Cryptocurrency in future truly which shall be regulated by them in one way or the other since development is getting rapid in the world of today and no country wants to lack behind. But I at the same time feel objected to that fact that this currency so innovated shall replace the existing fiat money because of the stiff volatility embedded, can only be at par to fiat is my own submission.
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Bitcoin to me is so much important to Entreprenuers but should be done with caution. I am of the opinion that they invest from their profit for now and see it multiples. Should not invest from capital because the volatility is too high to be predicted in other not to fall their businesses.
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I can never for now believes any other Coin can either now or in future beat Bitcoin at all. May be when the total programmed 21Million had been mined anyway, which I believes this shall take centuries if not Decade. But investing into any other researched laudable coin should pose no thereat at all.
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To me, Fiat currency is still necessary in the world. Even if it is still going to be withered out in the century to come, It is still okay for now. We should not forget that it is not only the developed/advanced economy we are talking about in the global world. Can illiterates at less or undeveloped economy operates computer on line? Fiat is still their medium of exchange understandable by them.
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I feel encouraging the springing up of so many Alts in addition to the existing ones should be cubbed. The reason is not far fetched at all. Aside the fact that many turns back to be shit or scams. Investors are also confused getting the truthful ones out of them. I feel instead of new ones independency sorted for, partnering or collaborating with the Existing ones shall yield better results of the projects becoming more stronger and successful as project.
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Yes, I can. But this shall be a family member that has very deep understanding and basic knowledge of investment. Because investing at Dip gives you bunch opportunity to reap at Bull at the long run.
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The elements mentioned are very much obvious with Bitcoin in all ramification. The only hindrance I feel that could be A barrier is the Government Acceptability and support which shall however brings all these features to limelights as the payment method in such a country.
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To me, Both Debts and loans are liabilities that must be redeemed. Debt is the major owing that must be refunded in most cases wholesomely at an agreed date. But Loans is the smaller aspect of Debt that might be paid back on installment basis based on the mutual agreement between the parties involved.
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Explaining Cryptos to my friends made some took better decision of having good deal in it, as well as some were making guess that not until we becomes millionaire in the field before they can be readily have deals with it. I also feel they shall regret their action as the truth get unfold the more.
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The genuinity of this project is not doubtful at all. No matter how he can try to pull down the project integrity, members or the community behind this project can never hold his words for seriousness at all because the qualitative features is beyond one's imagination for success.
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