I was wondering, why a lot of projects don't have such an important thing for a successful ICO as a product.
When a company has a product it means they have it to develop. In such case, a company shows why they need ICO and how the company will be growing. What is more, there is more trust because a company has experience in a field they are working.
For example, KickCity company that exists two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion.
On the other hand, no product ICOs can prove their success just in theory. There is no proof base that product will be developed and will be working right.
In such unstable industry as ICO everything has to be under control. The product is one of the things that shows the campaign is not a scam. That is why I believe it is better to invest in ready-made products ICOs.
Good point mate. I think there is value in this suggestion. Since there are so many ICOs being introduced daily in this market, I think that people should choose thoroughly and wisely to ascertain if an ICO would succeed or not. And an ICO with no product or new concept would be more difficult to market and be successful because people would not find anything appealing in it. People tend to gravitate on new ideas, concepts and products, if not, on those products that even if are not new but show clear and great improvement from its predecessors. |
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Its not useless, it still become good investment. Sure it cant be for daily use you know the fees and slow transaction but still, its bitcoin the father of cryptocurrency.
I agree. I think the post is just to inspire people to show their sides on why they support Bitcoin. I think it's not useless because it has improved the trade and investment market a lot. Many people, companies, and even countries alike have improved themselves, their business and their economies respectively. It has helped many people become more stable financially. It also also improve the business system in a way that it offers more options to people as a currency, and it also gives more options to traders and investors as a medium of investment. |
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I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
As much as I would say "don't panic", I know it would be hard to do considering that you sold a property in exchange for that investment. What I am saying is that before you did that, you should have thought how risky of an investment cryptocurrencies can be, and a land, to me, is not even worth the value in exchange. A land is still a better asset than cryptocurrency because it is not volatile in value and lands tend to continuously go up. So, since you have a lot invested in it, just be patient and wait until the value runs up again. |
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Australian airport becomes the first to accept bitcoin. Would it will be possible also dito sa Ph? What are your thoughts?
Yes, there is. And why not? I think that if more and more entities would accept Bitcoin as a means of payment, as a buyer, you are not only paying the product or service you availed, but you are also giving them a medium of investment, which can be used to gain more than what you have paid for. If they would encash it quickly, then they would get the amount in whichever prevailing value when you paid. On the one hand, if the company decides to keep it for future use, then they can have the chance to gain from it. |
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The journey of bitcoin from 2009 to 2017 is very interesting. Although the stories of individuals(investors) are very interesting and motivational that how they initiated and what problems they faced at earlier stages.
In 2017 the number of businesses accepting bitcoin continues to increase. Where you see the bitcoin in 2018?
I think it would go by the path that it took last year. Although it would experience dumps in the majority of the year, it would surge and get its value back like it did last year as well. If I remember correctly, many have already given up, if not, doubted that Bitcoin could recuperate that have caused market-wide panic. I think it's just like what's happening now; many people are losing faith, wanting to quit the market, and all the drama. But, I am sure once the coins in the market get back on their feet, I think that everyone would suddenly change their minds again. |
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Bitcoin is no doubt risky investment, but it depends on people, bitcoin is opportunity to some and challenge to some. I think you should not borrow money to buy bitcoin.
I agree. It can be a bit of both. It is an opportunity in the sense that you can get many good thinfs from it and you can make it work in your advantage in many different ways such as earning money. On the other hand, it is also a challenge, because like other markets, it has its risks and differences, which makes it difficult to prosper in it. I think if you invest enough time and effort, then you can find ways to make it easier and gainful. |
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Does Bitcoin Need The Social Media's Help To Promote Itself?Well, Bitcoin needs all the help that we can get. With its current situation, Bitcoin Foundation is just thinking out of the box to help Bitcoin recover and might even succeed. With the help of Social Media, bitcoin can attract new and young users. Learn about bitcoin and eventually adopt it. Maybe this is the first step of mass adoption. What do you think? I think we do. Social media holds a big traffic of people. Thus, since the purpose is marketing, it could give the chance for marketing and promotions stunts to be seen by more eyes, and in turn, be supported by more people. However, I think that I can't blame those platforms to outlaw or ban postings that are nonetheless useless contents that only flood their system. Just like what happened with Facebook last time when it announced that it would ban banning ICOs campaigns. I think they are just trying to get rid of those contents that are only made just to have a countable statistic in whatever campaign they are enrolled in. I would not think that they would lead to totally banning it since it's added marketing and traffic to them as a social media platform because marketing is also their means of business. |
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Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization.
I agree with your list. I have read so many articles about these countries embracing and seeing the potential bitcoin has. I think, in the list, you can see the commonality with the countries supporting cryptocurrency; they are the countries that are technologically inclined and are not afraid to venture on something that despite it being new, would give a lot of good potential. |
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this is a part of the game. if everything is easy, how can the investors get big profit? the challenges help the people can learn many things and have the experience to choose the right token
That's right. I think since many people have earned a lot through the cryptocurrency that many think it's easy already. However, no investment market is easy. You can encounter so many heartbreaking scenarios that could convince you that you should walk away. However, for those who succeed, they just keep at it and not give up even when there are difficulties or losses. Scams, on the one hand, is always part of the landscape. There would always be people who would try to take advantage of others, thus, the job of a cryptocurrency investor is to be cautious and diligent with your business. Be sure to check everything closely and thoroughly so that you can stay away from any disadvantageous ventues. |
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What do you think?
I think there is, Ethereum has always been accepted as one of the stronger and reliable altcoins around the market. Its good technology plus its enduring character makes it a fit candidate to achieve greater potential that can be of the same footing or even surpass Bitcoin. However, that amount is just to high to be achieved short term, remember that before Bitcoin had that value it took about 9 years from when cryptocurrencies was intorduced in the market. |
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If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
That could be a possibility. However, it may only be a sub currency rather than a main one. Each country has their own currency derived from tradition and history. Thus, it would be too difficult to debunk those currencies as their main amd recognized currency. Although cryptocurrency offers that alternative, there still so much more to be proved by it before it could be widely accepted, more so trusted. |
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Well i think bitcoin's network is safe there are no issue of hacking into it, so bitcoins be a more secure way of handling cash
the risk losing bitcoins and cash money depend on their users. If they can put the private key on the safe place,
they will not be losing bitcoins so do with cash money and all of user's bitcoins and cash money has responsibility to secure their bitcoins and cash money. Never blame bitcoins or cash money because of the risk losing value.
It is safe, generally speaking. However, there is always that security risk when pertaining to hacking because most of the transactions related to the cryptocurrency market is always using the internet. Unfortunately, that is the same vehicles that hackers use to steal information or holdings to be used to their advantage. So as users, what we can do is to try to safeguard our holdings with every measure available. |
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Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
Is there any other tactic mate? I think there's one and only one. Just be patient, calm down, and just hold your coins. That's the move there is. I think the concept of holding, although it is patient-testing, is the best thing to do to avoid a loss. Since you know how much you have invested in for your holdings, then you should know that if you would trade it on a point where the value is low that you can only get a loss. The difference with this market with other market is that we can't all seem to know when it will rise or fall. However, if you know when to do your business, then you could avoid having so much of a loss or losing at all. |
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because other "cryto currency" also known as altcoins are not known to anyone outside of the bitcoin circles. whenever the media is talking about crypto currency they are talking about bitcoin!
additionally the altcoins are mostly pretty terrible. they are made to be pumped and dumped so they are not really something people are interested in.
bitcoin on the other hand is a real currency which you can actually use to buy stuff with either online of offline and that will always give it an edge. not to mention all the attention that is going to bring for bitcoin.
I think it's because Bitcoin is the highest valued, it has the most potential, it has the most experience and years under its belt, and so ultimately, it is the best coin in the market. When you hear the term cryptocurrency, for most people, the first thing that comes to mind is Bitcoin, in that regard, you can see how important and popular it is in the market. And so, having all those characteristics, people would want to try on it more than others thinking that it would be safer, and that it could give them better chances of success. |
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Sudden I hair a news that Facebook banning All crypto ads. If that's true, Will be negative for our Loving Bitcoin (all over crypto)?
I also see a News.
We are cryto lover people, but why Facebook did that? What's the man reason?
This has been in circulation for quite a while now. I think the reality of this move is not really to ban crypto ads. I think Facebook is just trying to get rid of those non-sense postings that flood their system. Unfortunately, there are many campaign joiners that post just about anything just to have a counted posting, thus, it floods the system with unwanted and unhelpful postings that don't even amount to a decent marketing content. Also, if Facebook would do that, that would decreased the traffic and the money they get from marketing different products. |
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BTCDo you believe that Bitcoin will be $2200 near future?  I think that would be too low of a value for Bitcoin to come down to. I know that it's just over 6k dollars right now, decreasing by about 50% from where it started. However, before it had its surge last year, Bitcoin has kept the value of around 6k-8k dollars for around 2 years, so I don't think that it would go down that low. If that might happen, maybe another coin would beat Bitcoin as the top, and seeing the market right now, that would take time to happen. |
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That could be a good start to a more far-reaching cryptocurrency activity. Having read that what's given are only low value or not-so-popular coins, I think that the main goal hear is no the investment but the marketing. I think the developers are after the idea that Olympic-level athletes are quite popular with the masses, and therefore, having to know that they have agreed to receiving crytocurrencies, it would give more people the idea that if the famous are getting on the wagon, why not us as well. I think it's a good marketing move. |
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Mostly people have fear and they expect x10 in 1 week, they dont see the result, they think that they have lost their money and so they sell
I'm holding all my altcoins waiting for all the completment of the project and then i'll choose what to do
Now it's the time to buy!
I think so too. Many have been in dream world, especially the newbies in the market that their investments could rise up quickly and largely; however, the cryptocurrency market doesn't work like that. I also agree with your idea that, right now, the best plan of action to mitigate or at least evade losses is by holding on to your coins. If you would trade now while the market is not in a good state, you would only get a loss, which is not good, especially for a newbie who is just staring out. That would suck the air out of your mindset about the cryptocurrency market. |
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Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.  That's right. Same as true though with every other cryptocurrency venture there is. It's a market that requires a lot of research and knowledge to get by. If you would just dive in without any information, most of your moves would surely amount to a loss, which would make you hate the market so much. In this market, the more knowledge and experience you have, the better guide you have to know which investments would make it and which would not. |
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In recent days, more and more politicians and heads of central banks talk about cryptocurrency!
Do u follow them? Yes or no? Why
I do follow them and tend to think, soon they will find a way to control cryptocurrency, because that's a huge amount of money, governor's loosing!
For example yesterday head bank of England governor Mark Carney said there is a concern among international regulators about the use of digital currencies and that he expects it to be on the agenda at upcoming G20 meetings. But he also highlighted the “huge range of opportunities” presented by the underlying technology, a view he’s shared before in relation to payment systems.
I really don't; however, I have seen many write-ups and articles about countries, spearheaded by politician, regarding their views about the cryptocurrency market. I think many of them are quite doubtful and negative how the market really works, and that's why up to now, the rate of countries and people embracing the cryptocurrency market is still going slow. Politicians words' are a big thing with their people and constituents, therefore, if they would say that the cryptomarket is not a good market, then more people would trust what they say and believe them without even checking if its true or not. Sad but true, I guess. |
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