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its all ease with crypto
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Topic: its all ease with crypto (Read 298 times)
upyem2k
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Activity: 448
Merit: 1
Re: its all ease with crypto
August 11, 2019, 05:46:25 PM
#21
Yeah. Cryptocurrencies are so great and come with series of advantages but the problem is their volatility which can make you lose a large sum of your money in just a nick of time. Just imagine what has become of those that bought ethereum when the price was $800 in 2019 & when bitcoin was above $19,000.
#Darren
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DIA | Data infrastructure for DeFi
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Re: its all ease with crypto
August 11, 2019, 05:59:10 PM
#22
Furthermore, you need to mention that commission fees are around zero. If you are using LTC to transfer 100 million dollar, you will pay less than one dollar fee in crypto and around 5 percent in traditional banks.
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shiming
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Re: its all ease with crypto
August 11, 2019, 10:38:34 PM
#23
The cryptocurrency is still in its infancy and there is still a lack of killer-level applications. Many projects have not yet found a profitable approach, or they need innovative development.
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passwordnow
Hero Member
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Merit: 577
Leading Crypto Sports Betting & Casino Platform
Re: its all ease with crypto
August 11, 2019, 11:14:41 PM
#24
And you don't have to pay too much fee when you are transferring huge amount of money from your bank account. You don't have to wait for a day or two or more than that just for your transaction to be completed.
A lot of things have changed when we started to value crypto and this is the money of the people. No centralization, no gov't who's controlling it but now they are involving themselves and passing the local exchanges to provide KYC as per rule.
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