I saw that today bitcoin has increased in price and this has made me interested in looking for news about bitcoin and I found this article which in my opinion might affect the rise in bitcoin prices today. try you see this article https://www.trustnodes.com/2019/08/01/85-of-all-bitcoin-have-now-been-minedwhat makes me interested in this news is the statement that "Just circa half a million coins (about $ 5 billion) are now left to be mined until next year when the block rewards are halved to ₿6.25 from the current ₿12.5" the statement made me asking "is mining next to bitcoin still existing (effective)? or will people start leaving to mine bitcoin?" What do you think? are your thoughts the same as mine? I tried bitcoin last year I thought I can earn a lot of bitcoin but it did not go very well because I don't get any profit. All of bitcoins I am earning is just my payment for the bill of current used by the reason of making my computer open for 24 hours every day. I watched some videos on youtube and they said that I should have higher specifications of video card and it should not only one piece because the more video card the more bitcoin you can earn at the same time. Maybe if I have some source of current like a solar panel, I can do the mining but here in my country it is so hard to pay for that and the price of billing is higher. |
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Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
That is because in investing, you are contributing in a project that is already successful but the decision of making you money big is you but in ICO, you are depending on the project itself if it is going to be successful and if it is successful then it is good for you but if not, you just wasted your time. It is all about taking risks. We are all taking risks here and different styles we are using to earn money. Some are preferring on investing but some wants to mine coins and other people wants only to join ICOs and support a particular project and earn money. It is all about being expert on what you are doing because if you are good in trading why you need to join ICO if you are expert on that. Maybe you can do both but you should manage time and everything. |
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What is the First Cryptocurrency(First digital money)?
I think bitcoin is not the first cryptocurrency, maybe because it is the first cryptocurrency that becomes successful since it is decentralized and no one can shut it down and they do not even know who makes it or started it. Bitcoin is the most used cryptocurrency as of now since it is the center of transaction because you cannot buy some other tokens if you don't have one. In investing also, most of the projects requires bitcoin when you want to contribute to them. Bitcoin has also awesome platform that makes every user comfortable to buy it and use it as a payments. There are lots of projects that are promising and becomes successful but they are being dominated by the price and volume of bitcoin. Thats why bitcoin is considered first, maybe in standing yes. |
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A good crypto project is enough to change one's life so why not take the chances?all i keep doing is making sure i get a share hold of very good coins or tokens with real use case and yes i did have many coins but i believe that a good crypto project is all we need. Am I doing the right thing?
Indeed. I agree that the portfolio you should make is solid according to its project. The solid the portfolio and project is, the higher the probability of making more money. It is good to have solid portfolio for you to have easy earning and lower probability of losing money. Holding and waiting for the right time that the value of the coin rise up, thats the right time you should sell it. Patience is the key to every successful trader and investors. Do not panic selling because you are the one losing money if you do that. |
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Is the service and profitability, even if bitcoin is highly volatile, are the only two reasons why bitcoin is attractive to investors? Any good opinions or answers? Thanks
There are lots of reasons why are people investing on bitcoin. First, I think because the bitcoin is decentralized, meaning there are no people handling it or organizing it. Second is that there no taxes just like what I have said there’s no people runs it even the government maybe they can go through it but only restrictions in banking but it doesnt really affect so much. Another reason is that they can see other people on how they grow investing on bitcoin because it is really profitable and easy access since it is online based. The mode of payment is easier because it is digital money and the transaction is easier. |
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Will you trust a project that the one that announced it in the announcement thread is a legendary member even though the legendary has announced that he is not part of the team and was just part of the service he offered.
Let me know your thoughts here.
It actually doesn't effect the project itself because there are some projects that creates their own account let us say that they create a newbie but named it according to the name of the project, it is not bad though. As long as you read the whitepaper and the road map of the project itself because that is the most important thing the investors should know when investing or supporting some projects. But also there are some legendary accounts that announced some good projects but still it did not go well, meaning the project did not go successful. It actually depends on the whitepaper and on the team of the project and everyone should know about that. |
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I Notice that most projects that conducted bounty find it difficult to enter the crypto market especially a quality market. I think most are afraid of been dump.
what are the possible reasons why tokens takes too much time before getting listed on exchange?
Making your own bounty projects has a lot of requirements and there are lots of things you need to consider. The first one is the project team itself, who are the people that will be a CEO or a manager of the project. After that, you should move as one and then you should have a meeting on what you should do when they launch the project, you should provide an informative and legit whitepaper that shows the information about the project itself. And that also includes the roadmap in which you can do for the next couple of months or years when they actually launch it. It is difficult and more difficult since the market is on a downfall. |
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Dangers inside crypto investing People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!” First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments. Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/There are lots of dangers when we talk about cryptocurrencies. The very first of them all is scammers. There are projects that are taking advantage of the people they are giving promises especially investors and also the bounty hunters. There are also some dangers in investing, for example, the project didn't go well but they didn't intend to scam the investors, yes it really happens. For me, for you to be able to secure your money you should study the project itself and read the whitepaper and the roadmap so you should check if they can possibly make the project successful. |
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Hi! Everyone
What do you think is best methods to increase your Altcoin.
Invest in ICO?
Trading?
Hold?
Others?
There are different techniques you can do to double or even triple your money. For me, you should invest in some promising projects that you think may help you to earn more, and you can do that by checking up their platform that can be seen on their whitepaper, you can also see the roadmap of the project of what plans they want to do to the upcoming months or even a year. My second suggestion is that HOLDING, it is the best for you to make your money grow, let us say that you bought some coins and then you want to sell it, you should check if you are going to earn when you sell it that time. Because you can actually sell it on the other time when the price grows. Patience is very important for you to achieve the money you want to earn. |
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I don't think that is true, I think just because the market is on downfall you think of that. There are lots of news that bitcoin is being legalized all around the globe, meaning it is being recognized by different countries. I can say that they really appreciate and adore the features and platforms of cryptocurrency. Regulating bitcoin is really impossible since it is decentralized, no one runs it. We are the only one who supports it and also the investors who are the big factor why some projects are becoming successful.
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Good evening everyone, I want to share a little bit of saturation but also want to share the spirit in the current market conditions (Altcoin Prices). When you decide to trade, you must set aside a lot of time to monitor price movements. Actually not only choose the time to buy or sell, but there must be a growing spirit of self. Don't focus too much on conditions, but we need refreshment of mind to make a new strategy. I am optimistic that the altcoin price will grow well, maybe later this year. Do you think so now? Thank you,
I don't actually complaining about the status of the market because we have nothing to do with that. Market price is moving time by time because we all know that it is volatile in terms of value. I recommend to every investor or holder of tokens to wait for the right time that the market recovers and reach the highest point of value just like what happened on the year 2017, being the time that the bitcoin reaches it's high price ever. It is not impossible to happen again if we continue to support cryptocurrency and prevent panic selling. |
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Cryptocurrency is volatile and we all know that. Bitcoin experienced a lot of changes since it started. It reaches twenty thousand dollars last 2017 and it is the highest value that bitcoin reaches. After that, the price is on a downfall and it falls three thousand dollars, but as of now it is recovering and has a stable price. But ten years from now, I hope that bitcoin will rise up again as it becomes famous and being recognize all around the world. Maybe bitcoin will be the currency all over the globe making every transaction and payment method easier.
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Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
It actually depends on the trader itself. If they are good at day trading why should they hold some crypto instead of making their own money at trading. But if you are not good at timing, meaning you are buying low and selling it lower, I think that is not a good idea. We are here to earn not to waste money so if the value is not good enough for you, you should wait for the right time that the market recovers so that the price is good so when you sell your holdings you can earn a lot of money. Market is volatile, meaning the price is moving time by time, so trading is really hard job. I recommend to HODL than to do day trading if you are not good at timing. |
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This isn't on any crypto news sites yet, so I'll post the link to google translate of the original source - https://translate.google.com/translate?hl=en&sl=ru&tl=en&u=https%3A%2F%2Ftech.liga.net%2Ftechnology%2Fnovosti%2Fu-fedorova-pliniruyut-legalizovat-kriptovalyutuIn the past there was multiple laws submitted by MP's that aimed at legalization of cryptocurrency, but it seems like this issues wasn't important enough to even vote for it. But after the recent elections the parliament and government fully changed, and now Minister of Digital Transformation says he wants to legalize crypto, so that law enforcement would stop extorting miners and crypto traders/miners would start paying taxes. He also says that he wants to put government records on blockchain. The new government has already started doing some reforms as soon as they got the power, so maybe there's a chance that they will indeed legalize crypto. But I don't think that this chance is too big - maybe they will be busy with other things again, and MP's simply won't have time to review and vote such a niche law. Legalizing cryptocurrency in every country will be a great help on the market because the transaction and investors will become broader and a lot of money will circulate in every country. Bitcoin has a lot of features that can help every transaction especially the payment method. If it is recognized worldwide I think the future will become easier in terms of paying having a fast and secure transaction. The blockchain technology is widening as of now different platform are rising and different uses are being proposed. And since we are in the information age, meaning we are using more of technology, this will be a great help to everyone especially in business. |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds.  In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months. But we see today's prices are falling. Is this only temporary?  We know that trading is hard but there are actually tips on how to trade effectively. We all know the qoute buy low sell high. That is the first thing you need to remember everytime you are trading. Think for your money to grow and do it by taking every steps serious. In terms of the price, we all know that cryptocurrencies are volatile meaning it is changing time by time so you need to be good at predicting. As of now the market is not good. Stability in the market is not good and we can see it ok the cryptomarket. I am hoping that bitcoin will rise up again just like what happened last 2017. |
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is there any difference, are they one and the same? There are big differences between those two. In my own opinion, I think staking is where you are joining on some bounty campaigns and that is where you can get stakes because you are joining there to support the project and then they will give you some incentives by staking but in reality that is money you could get. While in mining you have to get some high specs of videocard for you to be able to get higher amount of money. I tried mining before but I am paying too much for the current and the money I earn is not enough. |
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Ethereum, being the world's second largest cryptocurrency by market cap, has all the potential of replacing Bitcoin in the future. It's more than just a cryptocurrency, being a platform for the development and execution of smart contracts (aka dApps). With ETH, it's possible to launch alternative cryptocurrencies without the need to start a Blockchain from scratch. It's also possible to use the ETH blockchain for other purposes such as voting, proof of identity, verification of documents, and more. In contrast, Bitcoin's only use is for finance where it cannot be implemented in other areas by its own. Given all of the benefits Ethereum provides on top of Bitcoin, it makes me wonder whenever it'll be able to replace the pioneer cryptocurrency within the future? As long as, Ethereum keeps progressing in development and mainstream acceptance, it'll be much closer to Bitcoin every step of the way. What are your thoughts? There's nothing wrong about it. Ethereum has an awesome platform, they are the second largest price and volume as you can see in the market. Ethereum has a possibility to rise to the top but I think as of now nothing can beat the price and volume of bitcoin since it is the most used cryptocurrency than any other coins. There are also lots of projects that are being developed and have their awesome platform but still, the popularity and support is very important. Investors that will help the project to rise. |
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One day, I'll be able to buy daily groceries on OpenBazaar using Lightning Network. Looks like the first step has been taken at Farmer's Market, University District, Seattle right now...  Another step has been taken at Spar Supermarket in Arnhem city, Netherlands. You can buy groceries and pay in Bitcoin over Lightning Network...  Cryptocurrency has a lot of features that can help us in many ways. The main thing that is very awesome of that is fast transaction or payment method, just like the photo shown above, bitcoin is used as payment method. It is less hassle than before because you only need to click and tap send then you can now buy the thing that you want. Another feature is that we can use this as our asset in business and you can earn your own money by this. There are lots of ways of earning like investing, trading, mining and many more. Cryptocurrencies are making noise all around the world and it is being used in different countries. I am looking forward that it is being legalized worldwide and being used as permanent and primary money, instead of physical money. Since we are in the information age, meaning we are using more technology, this is good for us. |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
KYC is not a problem. There are two factors that may be the reason why bounty campaigns are not successfully listed or at a good price. First thing is that the market is not stable right now and it is hard to propose a project in this kind of situation in which the market is on a downfall. We should know that it is hard to get investors in a time like this. The second thing is that project and the team itself is a scam, we can see that when they actually hit the target of sold coins and still the project don't go well. Maybe the roadmap is not clear enough or they just steal all those money to everyone who works and invest for them. Making money here is too risky so in every step, you take you should be informative and alert at all times. |
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We all know that bitcoin is decentralized meaning there are no organizations or any groups taking care of it. And I think why bitcoin is considered number 1, is because bitcoin is the most used cryptocurrency than any other cryptocurrency, and I think it is the first crypto ever made that is why price and volume are dominant than any other cryptocurrency. In terms of prices, we cannot predict what will happen in the future but we should still support and believe that bitcoin can survive that long. As we have seen that bitcoin survive from the downfall in the last couple of months, and as of now it is recovering and I hope that bitcoin will hit the market again just like what happened in 2017.
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