The time frame for the bounty campaign is now very long. In my opinion, they spend that much time because they want to reach their caps. Some use two to three phases to reach their caps. Then the bounty payment is also long, even have to wait until their caps are reached first.
Bounty campaigns are an easy way to earn Bitcoins and that too in a short period of time.Bounty campaigns pay us weekly and according to our ranks.So higher the rank more will be the payment.But some bounty campaigns pay at the end of the month.It is also a very long process as your rank rises very slowly and you need to post and your activity takes a lot of time to increase.But for a newbie in Bitcoin it is the best way to earn money.Bitcoin is a money making machine. |
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If I'm more interested in holding (indefinite time) than day trading, which altcoin should I invest in? Are there any one more indicated for holding, in your opinion?
Investing in cryptocurrencies means investing money in your future. We really don't understand all the advantages that exist in cryptocurrencies and blockchain technology. But we must be like rational dreamers. Unfortunately, even now the world is not ready for the majority of those technologies and technological advantages that the blockchain gives us, so there is still a long way to go on the path to a better future in which blockchain is an integral part of life. I think Bitcoin will be the future.Bitcoin is the father of all the cryptocurrencies and it is the most expensive and valuable cryptocurrency in the market even when the prices are down from a very long time.People have a lot of faith in Bitcoin as it has made many people rich.Bitcoin is a money making machine and everyone should make money out of it.Signature campaigns are an easy way to earn Bitcoins.Today investing in Bitcoins is the best option as the prices are rising so the users are getting decent amount of profit returns. |
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Yes still i believe in ETH.I think ETH already created a powerful platform on crypto market.After some year ETH can compare with BTC.So no way to unbelieve in ETH.
I have doubts that ethereum will be able to compare with Bitcoin, but nevertheless its potential is much later. Nevertheless, if we take into account the new updates that the team planned before the end of 2018, then the value of the ethereum should increase several times. Yes definitely I do believe in ethereum till now because ethereum is doing well in the market even after the fall in the value.Ethereum is the second cryptocurrency after Bitcoin even though it is no comparison to Bitcoin but still people are liking it and its demand is also rising in the market.Ethereum has been recently established so it does not has that much of users but still more and more people are enrolling themselves in ethereum due to its profit margins. |
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the future of crypto depends on its strength to withstand waves that affect its growth, if we look at now many opinions are negative because the crypto market is falling. I think crypto still has a good future, we'll see it in the future.
The future of cryptocurrency is highly dependent on government regulation. This will help find control on those who manipulate the market. That will lead to its stabilization and growth. No one can predict the future as anything can happen.Either the cryptos will rule the maret or they will vanish from the market.We do not know.But if we see the cryptos in today's date,we can say that cryptos will definitely do well in the coming future because their values are also increasing slowly and steadily.Cryptocurrencies are also getting supports from some nations in today's date which is a good news for the users. |
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By seeing bitcoin at 6K +- USD, It seems crypto is being stable! But 6K USD is not good to be stable, I think Bitcoin needs to stable at 10K USD, that will be perfect. Otherwise, people will be panic again. And, I think cryptos price will be higher than last year. People gave up from crypto, but I still hope Bitcoin will reach 12-16K USD in December and all other altcoin prices will be high.
Cryptos cannot get stable as they are very volatile because their value depends on a number of factors.How much investment is done also determines the price.The forces of demand and supply play an important role in determining the price.When the demand goes up the price will rise and vice versa will occur if the demand falls.Cryptos are banned in some nations which lower their values too.But cryptos are an easy way to make money. |
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This could be true but the government could not expect that its constituents will going to abide the ban process for it will still be able to access some of the exchanges outside the country. As we all know that there are online payments now that could be use to purchase cryptocurrency so people living in that country where cryptocurrency is ban could still enjoy and participate in cryptocurrency.
There are several reasons behind this ban of cryptocurrencies.Cryptocurrencies are not under the control of any central bank or government as they are decentralised and even taxes also cannot be implied on cryptocurrencies.Cryptocurrencies are risky as they can get hacked too.Cryptocurrencies are require internet connection which is not possible in every corner of the world therefore it is less supported in the market internationally. |
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Cryptocurrency in general is difficult to engage on if you don't have the ideal of blockchain before, I have try to explain crypto my some young guys in my community but they don't seem to understand it they still look crypto as scam or mmm.
Yes I believe that it is difficult to understand when you don't have any idea on how you can deal with it and if you don't have any hints and experiences if how can you win it. We actually have a lot of source of information the only thing you should do is how you can out source a legit link where you can rely on. Initially cryptocurrencies are a bit difficult to understand as they are very complex but with time and with use they become very easy to operate.They only require some basic knowledge and internet connection to get operated. Technology is advancing which is making cryptocurrencies simpler day by day so that more and more people can enroll themselves in these cryptocurrencies and earn money through them as they are the money making machine. |
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Bitcoin and all other cryptocurrency will never die as it has already create strong foundation to our economy and already made a strong realization to many of its very promising use in the future. This may i call the next generation of our payment system and e-commerce. Only the haters will believe it will die and call it a bubble, definitely it will bounce back again when some of its flaws and issues will be resolved.
No definitely not because the price of Bitcoin is very volatile and so it rises and falls.When the demand is higher the price will also rise and vice versa will occur if the demand falls.A lot of people are still using Bitcoin all over the world even though it is banned in some Nations and the Central banks and government does not support it.People have a lot of faith in Bitcoin because it gives promising profit margins and that too in a short period of time. |
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In my opinion in the future, the currency will simply become digital, for the reason that most countries are developing their stablecoins instead of joining efforts and creating an international cryptocurrency!
but if I think that in the future the fiat currency will not be replaced, because fiat currency is very important for the country because it has become a symbol of the country too. and even though there are already lots of digital currencies but they cannot replace paper currency or fiat Yes definitely fiat currencies are very necessary in this world.Each and every person uses fiat currencies for day to day transactions.Fiat currency is accepted internationally.Banks and governments support fiat currency because it is centralised.Fiat currency can be used anywhere and anytime unlike cryptocurrencies which require internet connection to get operated.Cryptos are also decentralised and risky as they can get hacked too. |
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More than investment in crypto and work or business, I’m investing in my family. I give time to be with them and enjoy them. I don’t want later on that they may have inheritance from me but haven’t have a good relationship with me as a husband to my wife and a father to my children. I want them to treasure the time i gave them. Were not getting any younger that’s why for me, they are my greatest investment they are my blessings in this life.
I was moved by this, thank you for valuing your family so much and treating them as your greatest investment. I must agree that your relationship with them is the most valuable thing to cherish, aside from providing for them. Giving them time is so precious indeed. What would you do with a lot of money if you are not okay with your family? Having enough is okay, as long as you have them. I was so encourage to invest more with my family. I do not think that any other place is as profitable as investing in cryptocurrencies.Cryptocurrencies are the easiest and the fastest way through which one can earn a lot of money.Cryptocurrencies are very trending nowadays because digitisation is going on and they also have several advantages over the normal Fiat currency.Cryptocurrencies are money making machine and that is why people are enrolling themselves in them in order to earn good profit margins. |
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I don't think so because fiat is already existed for a long time and it helped maintain our economy. Unless we find better currency than fiat, it is too difficult.
People talk about Cryptocurrency taking over Fiat currency. Today this is not possible, because still a lot of people prefer their Euros instead of a online coin. Let me give you a example old people now prefer to invest in Gold and silvers, because they are used to it. No this cannot be possible at all this is because Fiat currency is being used by all the people of the world.All the transactions all over the world are done through the Fiat currency only.It is accepted internationally.It is also backed by central banks and governments as it is centralised.It can be used anywhere and anytime unlike some digital currencies which require internet connection and some basic knowledge to get operated.Fiat currency is established from the traditional time period. |
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Discuss about bitcoin and cryptocurrency. For me, this is an interesting topic because bitcoin issues are often the talk, including confusion in many quarters. What is cryptocurrency? What is bitcoin? How does the regulator respond to the development of the current crypto currency? And how is the bitcoin phenomenon going forward?
In its purest form, cryptocurrency or crypto currency is a kind of electronic cash that can be sent directly from person to person (peer-to-peer) without going through financial institutions, or banks. Generally if we are currently sending funds or money to other parties, of course, must be processed through the bank. In this case, the bank serves as an intermediary. Well in this crypto technology, the payment is made directly without an intermediary. Transactions conducted between two parties in a network are then verified through a specific encoding process or cryptography. Well, Bitcoin is one of the existing cryptocurrency types, and is popular. In addition to Bitcoin there are more than a few crypto currencies similar to various names, such as ethereum, litecoin, etc. Many of these crypto currencies are short of devotees until they die one by one. In Bitcoin, if there are transactions of two persons, the other party in the network that can decode or verify the occurrence of the transaction, will be rewarded with bitcoin. This step is known as mining bitcoin (mining).
From what I've learned before, that David Yermack, researcher at the Bureau of Economic Research, New York University (2016) that bitcoin still fails to meet the criteria as a currency. It cites the basic functions of a currency, the medium of exchange, the a store of value, and the unit of account. Of the three criteria, bitcoin does not qualify as money. Yermack doubts that bitcoin can be a currency or means of payment acceptable to today's audiences. I agree with the analysis. If we look at bitcoin volatility in recent years is very high, much higher than the existing currency. This has an impact on the difficulty of calculating the short-term risks of bitcoin. In addition, the exchange rate of bitcoin in the day to day does not correlate at all with any currency in the world, nor with commodities such as gold for example. This makes bitcoin useless in risk management and difficult for the owner to hedge.
Let's look at one by one the money function on bitcoin for more details. First, as a medium of exchange. Bitcoin has no intrinsic value, so its value will depend largely on its usefulness in the economy or consumption. But in reality, today is still very small parties who use bitcoin in everyday life to make various payments. Few traders (merchants) are willing to accept bitcoin. Some countries such as Japan, for example, allow bitcoin to be used as a means of payment (not as legal tender or legal currency). But if we go to Japan, just a few, not to say very little, the store is willing to accept payment with bitcoin. Especially in other countries, including Indonesia. In other words, payments using bitcoins are currently very rare.
Second, as a unit of account. For users or buyers, we certainly look for ease in buying goods. For example, a bowl of chicken noodles cost Rp 25 thousand, a cup of coffee costs Rp 15 thousand. This will make it easy to calculate. But in the use of bitcoin, various problems arise, mainly due to its extreme volatility. The value of bitcoin can vary drastically from minute to minute. This makes it difficult for the seller to determine the price of an item. In addition, there is no uniform or fixed market price associated with bitcoin. I also tried to check on some bitcoin markets around the world, and the prices vary. This disparity, in the theory of market value, violates the law of one price for a currency. Why breaking? Because it is open most likely people to do arbitrage in the same market (buy cheap and sell high in commodities and the same time).
Third, as a store of value. When a currency serves as a store of value, the owner certainly has the expectation that the currency he holds can be obtained easily and can be redeemed for future goods or services as needed. The economic value of goods or services purchased in the future is expected to be equal to the money used or stored now.
From the above analysis it can be seen that Bitcoin, according to Yarmeck (2016), still can not meet the criteria as money because it has the deficiencies as above. Generally people currently hold bitcoin instead of being used as a means of payment, but rather to speculative investment. Bitcoin is also increasingly difficult to accept because it is disconnected with the payment system and banking in many countries, because most authorities in the world forbid it to be used as a means of payment.
I think it is worth it. It deserves to represent a certain value. It is capable of trading well and can help a lot for the economy later. It should be guaranteed and used more. It can contribute to the economy and it deserves more trust. Hopefully in 3 to 4 years it will have more noticeable changes. Yes definitely Bitcoin is very worthy to be a currency. Bitcoin is the top most cryptocurrency in the market and it is the most expensive and valuable one.It is the oldest cryptocurrency and has the highest number of users.The demand of Bitcoin is also very high above all the altcoins and cryptocurrencies.Bitcoin is the easiest way through which one can earn a lot of money and that too in a short period of time.It is a money making machine and we should definitely take advantage of it. |
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I think Ethereum is one the best coin to invest with in this year's cryptocurrency market and ethereum is a very reliable coin and has the potential to reach a very high price. I think Eth still seems to be the most promising platform till date for projects.
Yes definitely ethereum is a good choice for investment nowadays because the demand of ethereum is also increasing even after the fall in price of all the cryptocurrencies.Ethereum is the second cryptocurrency after Bitcoin.Ethereum also has a great potential and capability to give good profit returns in a short period of time.Market of ethereum has also risen over the time and people are believing in ethereum.People are liking ethereum. |
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I dont think any coin can beat bitcoin in the near future because bitcoin is the king of all crypto market and Bitcoin is the mother currency of all coins, bitcoin is the oldest coin and it is evergreen coin, you can see all coins following bitcoin and also from market cap point of view bitcoin is the No.1 from the beginning So its not possible to beat bitcoin at least next 4-5 years.
In my opinion no other cryptocurrency or altcoin has that much of potential and capability to overtake or beat Bitcoin even in the future.This is because Bitcoin is the father of all the cryptocurrencies and in terms of value it is above all the cryptocurrencies that is it is the most expensive one.It has the largest number of users among other cryptocurrencies and day by day its users are increasing because of the profit margin it gives.It is a money making machine and we should take advantage of it. |
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For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency. Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/Bitcoin dominant increasing after drop to 38% but the different is bitcoin price not too rising. Its happen because market cap value decreasing. It give effect to altcoin and i think many altcoin price will drop significant Yes this is a good sign.Bitcoin is the father of all the cryptocurrencies and you can also see this from the figures.Bitcoin is the most expensive and valuable cryptocurrency in the market and it has the highest number of users among all the cryptocurrencies and altcoins.Bitcoin is the money making machine and so everyone is taking advantage of it.It has made many people rich its demand is also increasing all over the world due to this reason only. |
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The big real question here is that, have you real been a part of the bitcoin process? or have this people you were talking about experience the same experience that the pioneers have been experiencing in terms of transactions?
I personally can say that yes I can buy things that I wanted using bitcoin. With just the right tool and platform others can also do it. Mind that bitcoin is still progressing, experimental changes have been made almost every year just to keep the right track.
Don't just expect that you can buy all the physical products directly with bitcoin as those were a part of the government rules that oppose the basic rules of bitcoin. On the other hand since bitcoin is a digital currency. I can easily purchase digital assets by the use of it and for me that is very important thing that other bitcoin"cryptocurrency" user should have to understand.
Yeah definitely everyone should go for Bitcoin nowadays.It is a dream for every person to become rich and Bitcoin is the easiest way to earn a lot of money and that too in short period of time.Bitcoin is the father of all the cryptocurrencies and it is the most expensive and valuable one.It is the best option for investment purposes in today's date even after the fall in price.People buy Bitcoins and hold them for future rise in price because they know they will receive good amounts of profits. |
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BITCOIN vs ETH ? your thoughts ?
in my own opinion, this two is both good for investments. but i still look forward on the future of bitcoin rather than the future of ethereum. i think eth cannot surpass bitcoin. well, this is only my opinion. I think Bitcoin is the clear winner.This is because Bitcoin is the father of all the cryptocurrencies and it is the most expensive and valuable cryptocurrency in the market.It has the highest demand in the market.Even though Etherium is the second cryptocurrency after Bitcoin it does not has that much of potential and capability to overtake Bitcoin.In terms of value Ethereum is very less than Bitcoin.People have faith in bitcoin as it gives huge returns. |
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... just show them the good side of bitcoin and how it helps everyone and let them decide if they will patronize it or not.
I think it would be best to show them all sides, both good and bad. Just as with people, bitcoin does have its good and bad side, kinda like an ebony and ivory. And don't worry, the not so good side of bitcoin is not so bad not to expose, when it comes to cryptocurrency, bitcoin remained the leader of the pack as it grows a stable name in the world market. Truth to be told, the risks that one entails when engaging in bitcoin should be well understood, otherwise, bitcoin might hurt more than help. And trust me, bitcoin is no cheap investment, it can cost you an arm and a leg. And trying to show people what could go wrong is essential for them to take necessary precautions. Yes initially cryptocurrencies are a bit complex process and people find it difficult to operate it.But when people give more and more time to these cryptocurrencies they find it very amusing and simple and through this they earn a lot of money that too in a short period of time.Digital currencies or cryptocurrencies require internet connection to get operated which is not possible in every corner of the world.They also require some basic knowledge to get operated. |
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Bitcoin will not be outdated by any other currencies as the mother of all currencies it is the most strongest crypto currency ever created and it continue to be on the number 1 spot. It would take too long before any currency reached the level of bitcoin.
No I don't think so that any other cryptocurrency can outdate or overpower Bitcoin because they don't have the potential and capability to do this.Bitcoin is the first cryptocurrency and it is also considered as the father of all the cryptocurrencies.It is the most valuable and expensive digital currency in the market.In the coming future bitcoin will rule the market because its position is getting better slowly day by day amd ig will create new records. |
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what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?
The continuous crisis occuring in bitcoin makes it harder to predict what its future will be. We can say that it may survive up until the future but we cannot assure that its future will be bright and better. We need to keep on supporting it so that it will still have the chance of having a successful future while we are benefiting from it. I think Bitcoin will be ruling the market after several years because it is the father of all the cryptocurrencies and even though after the fall in price it is the most expensive and valuable digital currency in the market.It has all the capability and potential to become a global currency because a lot of people are enrolling themselves in Bitcoin and earning a lot of profits.The market of Bitcoin is slowly increasing because the price is also increasing. |
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