Esofdemon
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Activity: 196
Merit: 12
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October 20, 2018, 01:36:25 PM |
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A key factor in the price of any cryptocurrency is its utility. If you cannot use it for something, be it an investment or for payments, then it would have no or little-perceived value. In the case of Bitcoin, it is usable for payments on a reasonably high and ever-increasing scale, meaning that its utility is high. Its high difficulty and energy usage give it a reasonably high price and as such can be used for an investment. The changes to utility can cause price volatility.
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toolsydas
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October 20, 2018, 06:18:31 PM |
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The value of the coin is in its utility. Nowadays a lot of people are worried that ETH will go to 0. But I don't think so, so I say: ETH was designed as a smart contract platform this is a practical utility, which increased the price of Ether over many other alternative cryptocurrencies. And nothing changed, so ETH has a good future.
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mutanu
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Activity: 139
Merit: 10
Justice as a Service Infrastructure
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October 20, 2018, 06:20:16 PM |
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I explain to people that the price is formed by buyers and sellers of cryptocurrency. That is the price is formed under the influence of supply and demand in the cryptoforeign exchange market.
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onrise
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October 20, 2018, 06:25:28 PM |
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I explain to people that the price is formed by buyers and sellers of cryptocurrency. That is the price is formed under the influence of supply and demand in the cryptoforeign exchange market.
I do explain them about the concept and also make them understand that in past people have made money but that does mean in future it will be same or worst or better. Everything will depend upon the government rules and demand and supply in the market. Also if investing than do have patience and be ready to take risk.
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Esterklu
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Activity: 728
Merit: 10
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October 20, 2018, 06:27:56 PM |
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I try not to argue, it's the right of every person to have his own opinion. However, I'm talking about the story of the emergence, the appointment and the benefits of cryptocurrency. Sometimes, those who used to laugh earlier are returning and asking to tell more and regret that they have not listened to before.
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leviathon
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Activity: 392
Merit: 13
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October 24, 2018, 09:15:36 AM |
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I tell them that cryptos are just like any other commodity, I tell them that the prices of the coins is determined by supply and demand just like how the price of gold is determined. The reason a lot of people are scared of cryptos is becaue it is not a physical asset that they can touch with their hands. But as long as there is demand then the coins will always have value
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DRVX
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October 30, 2018, 03:45:52 AM |
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I tell them that they should go read up on the coins and that they will find the answers that they are looking for. I mostly do not try to convince people to invest in the coins because when they do and things do not end up going their way they will be eager to blame you. So I point them to the market, link them to some articles and tell them to look for themselves
I tell them to invest here in crypto rather than bank because we can earn much profit with our capital and it can make your money growing day by day but for that goal it must have knowledge and strategies in order to achieve that. This is an opportunity site to change the world. Value of cryptocurrencies come from crypto believers. I suppose that cryptocoins can not be considered as something material. It is symbol of money that people accept. That's core idea of my understanding of crypto.
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elliuut
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Activity: 42
Merit: 0
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October 30, 2018, 04:03:04 AM |
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Its true that prices of crypto isnt fixed and its just purely based off of speculation whether it will succeed or not. However with this, it is possible to bring you overnight wealth
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critolika
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October 30, 2018, 04:04:11 AM |
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People do not believe in crypto currency. They say that crypto is not fixed. As fiat - gold. Where does the value of crypts come from? What do you tell people?
maybe those who don't believe in crypto are those who have never felt the impact of Crypto itself, maybe if they already feel that they have gotten profit from the crypto they can trust Crypto for that I can only suggest they jump in the Crypto world so they understand itself what is crypto and what are the advantages and disadvantages of crypto itself.
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jaja colleen
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Merit: 2
Brings You A Time Trading Social Community Platfor
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October 30, 2018, 04:16:11 AM |
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People do not believe in crypto currency. They say that crypto is not fixed. As fiat - gold. Where does the value of crypts come from? What do you tell people?
There are people that is not believing in Cryptocurrency because they don't have idea how to do it,I agree that Crypto price is not fix due to its volatility it's price depends on the demand and supply in the market.
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⟨ EraSwapToken.io ⟩ ⟩ ICO Active Join Now ⟩ Brings You A Time Trading Social Community Platform
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lelahkenabanned
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Activity: 329
Merit: 10
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October 30, 2018, 04:17:56 AM |
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People do not believe in crypto currency. They say that crypto is not fixed. As fiat - gold. Where does the value of crypts come from? What do you tell people?
maybe those who don't believe in crypto are those who have never felt the impact of Crypto itself, maybe if they already feel that they have gotten profit from the crypto they can trust Crypto for that I can only suggest they jump in the Crypto world so they understand itself what is crypto and what are the advantages and disadvantages of crypto itself. what I see from them is distrust that comes from regulations that have not been determined by the government, another factor is that they read more negative articles about crypto currencies, and we can guess, they read more about articles about crypto hyip and investment patterns do not not promise to be safe for its users. They forget that dealing with investments must be able to understand risk well, but they choose not to believe from the beginning. I am not too interested in discussing with them further and choosing for people who really intend to believe from the start.
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stue
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Merit: 10
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October 30, 2018, 04:25:15 AM |
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We cannot force others to have to understand and understand crypto. I will not force them. They will know about crypto both in terms of usefulness and also the benefits that can be obtained from crypto when they have the willingness to receive information and also find out themselves about crypto information. We just prove to them with the income we get. I am sure that they will automatically believe that crypto is good and harmless.
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shadowduck
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Merit: 100
Oikos.cash | Decentralized Finance on Tron
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October 31, 2018, 11:57:49 AM |
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Now perhaps the cryptocurrency is not used in different technologies , but over time it will be used in life things and will be no less important than the same gold.
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Rogkim1
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Merit: 10
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October 31, 2018, 12:03:36 PM |
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Now perhaps the cryptocurrency is not used in different technologies , but over time it will be used in life things and will be no less important than the same gold.
The more time I spend on the crypto bank, the more I doubt that cryptocurrency will be able to benefit people. They serve only as a tool for speculative trading.
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Diamond_Darrell
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Merit: 103
♦♣♥♠
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October 31, 2018, 01:19:56 PM |
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I used to ask such questions before, and then I thought so - the smart one will guess and he will understand everything himself, but the stupid one will not understand you and will be considered a moron. There is a good parable about this - "One boy was a moron. But, as a moron should be, he did not know that he was a moron. And so he lived happily and quite well. And the other boy was very smart. But as it should be clever, he was in search and torment. Therefore, he lived anxiously and uncertainly. Once they met: “Life is beautiful!” Exclaimed the moron boy. -Doubtfully-answered smart boy “Why?” Asked the moron boy. And a smart boy began to explain the laws of dialectics for a long time and in detail, to philosophize and explain matters beyond the mind of the moron boy. But he attentively listened to the clever boy, shrugged his shoulders and asked: - You moron? And without waiting for an answer, I rode off on one leg to rush dog poo over frogs. "
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baronandr
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Merit: 10
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November 11, 2018, 08:57:03 AM |
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People do not believe in crypto currency. They say that crypto is not fixed. As fiat - gold. Where does the value of crypts come from? What do you tell people?
All it is certainly impossible to prove them wrong. I think that investing is not for everyone, but only for smart people who understand the meaning and essence of what is happening. And the rest will understand the essence and regret
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yingfeng
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November 11, 2018, 09:02:15 AM |
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If people are not interested in cryptocurrency, I do not tell them anything. It will take time and they will understand everything. Very few people believed in the Internet at the very beginning.
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changxia
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Fast, Smart, Trustworthy
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November 11, 2018, 09:17:09 AM |
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Gold is a metal, it can help a lot of things, it is also the basic material of many technologies, but its quantity is very small, so it produces value!
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stefany101
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A Blockchain Mobile Operator With Token Rewards
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November 11, 2018, 09:22:39 AM |
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People do not believe in crypto currency. They say that crypto is not fixed. As fiat - gold. Where does the value of crypts come from? What do you tell people?
I admit that there are lot of people who don't believe on the potential of cryptocurrencies. I do no tell them to invest their time and funds in crypto but I tell them just to have knowledge first about cryptocurrencies before saying some rude words about it. In myself, I still believe that I can manage to have some profits even just a little.
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clipman77
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Merit: 1008
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November 11, 2018, 09:31:19 AM |
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People do not want to take my words seriously, it takes time so that they can understand it themselves, now for many cryptocurrency is associated with a scam, many of my friends have lost some of their money and now speak negatively about the world of cryptocurrency.
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