Latest posts of: Ezenwanyi1

I think monero is best suitable to be mined using Cpu rig. That is what my friend uses . He told me not long ago that it's so
mining monero using Cpu rig and that it's profitable but not to be compared with how it was initially.

That is why I agree with the adage that says " run your race"
In following people who we feel know better than us, there's the need to always follow wisely like the poster pointed out.
I have realized in the journey of life that no man knows it all.
And that is the reason why one should follow but not blindly.

When I read some corruption index ,I am forced to believe that my country is the headquarters of corruption.
Corruption has eaten deep into the fabrics of my country .
I used to cuss out the politicians thinking they are the most corrupt not knowing that even civil servants in their offices are all embodiment of corruption.

I don't want to say that you have just wasted money buying the second laptop as it won't be effective and give you the desired results.
What you could have done was going for a mining rig .
Mining rig is more effective in mining.

In as much as I believe that kyc is important and is becoming an integral part of the cryptosphere transactions.
I do think that asking for kyc process for penny money is unfair to people.

So many things can cause the market price to fall.
But I am never worried or afraid because I have confidence in the cryptocurrency Market .
I believe that bitcoin still has a long way to go regarding it's potentials.

There are some exchanges that I would rather pay someone to help me sell my coin or something . This is due to the sloopyliness of the exchange's interface. So I will advise that before you choose an exchange that you consider the interface, transaction fee, how prompt the exchange support staff respond to complaint etc

I have been around and transa'ted in most of the available cryptocurrency exchange to know that the above transaction fee is low and not what one should be bothered with.

You are right.
But I won't hinge my hope on the market getting bullish because of the volatile nature of cryptocurrency which could make prices swing and so dashing my hope.
Hopefully the bullish trend will continue.

I think the part where you were requested to hold a card with and explaination and the selfie is a kyc process by the exchange.
It's nothing out of the ordinary in cryptosphere .

You may not have reasons to trade other altcoins but some of us have reasons not to trade only bitcoin , reasons such as paucity of funds etc.
If I don't have $4k+ to buy bitcoin ,then the only alternative is trading other altcoins.
Again , it will not make logical sense for one who has the money for bitcoin to buy only one ....the more quantity the better the profit.

Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency.
Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.

It's not as if bounty hunters do not know nor understand the meaning of kyc or what it entails ,the issue here is that the rewards from this projects are not much, some are even as little as $20 and requesting kyc of a hunter over $20 is not fair.

Obviously the Cryptocurrency market will always take off in bull run as far as the structure remain decentralized and it's volatile nature unchanged.
What we need is patience.
You will be the one to loose when you sell and get off the market instead of waiting for a good position to buy back.

The only that the low price of bitcoin can affect ico projects is when the ico has already raised funds for the projects before the fall in price if bitcoin.
Like an ico project that raised $30 m when the price of bitcoin was $4k and all of a sudden the price falls to $1k , the project will not be able to carry out development since the money raised has reduced drastically due to fall in price.

When bitcoin awareness is created which in turn drives up demand for it.
The price will rise.
Alternatively, a news or rumour being peddled by the big players in cryptosphere will influence the price of bitcoin.