Anonymous

What do you think of Bitcoin and Cryptocurrency?

27

27 Answers

Karl Sagan Profile
Karl Sagan answered

By the way, I never heard about that wallet, that you mentioned in your post. I think, that the right and the best way for you, will be to read about best cryptocurrency wallets in 2018 and choose one among of them.

PJ Stein Profile
PJ Stein answered

Since North Korea has stated it is hacking and stealing it to build a war chest, many  are avoiding it.

Iftakhar Hossain Profile
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Owen Hargreaves Profile
Owen Hargreaves answered

I'm finally decided to open my first ever cryptocurrency wallet because I need to keep some amount exactly in bitcoins. Any bits of advice on this occasion?

Emily Quirq Profile
Emily Quirq answered

I think cryptocurrency becoming so powerful and even many my friends get into this cryptoworld. I think there are good sources to find good exchange and catalogs of tokens as well.

Anonymous Profile
Anonymous answered

The big banks are secretly panicking because they know that their entire monopoly could be brought down on their heads, so they'll do their best pretend like it doesn't bother them all while using regulatory bodies to do their dirty work behind the scenes. But if one government tries to block it, another will embrace it at the expense of the other country's ability to fast track innovation and economic growth. Essentially they'll have to learn to work with crypto or they will be crushed by it. And what about token? I know a good catalog sellandbuycoins.com, maybe you'll come in handy.

Miley Johnson Profile
Miley Johnson answered

I personally think that it is a pretty nice way to earn some money online these days... I like mining cryptocurrencies a lot and it brings me some pleasure, I don't know how to explain it :) But it is also really great that there are some interesting developments coming out on the market like the mining unit from http://mineunit.com/ for example. It will allow everyone to mine at home easily and without any efforts at all ;)

Roy  Novak Profile
Roy Novak answered

Bitcoin is basically a type of digital currencies. Bitcoin was the first cryptocurrency and one of the biggest currency as compared to all other digital currency. Bitcoin is used to store and send any amount of money anywhere in the world. You can also use this currency to buy goods and services. If you want to know more about this then I would suggest you to just take a look at cryptocurrencies

Btc Wonder Profile
Btc Wonder answered

I see Bitcoin and other Crytpocurrencies as one of the advancement in payment methods. These are also called as digital assets.
I do support cryptocurrencies, i wish people and world accepts them as well because it could definitely make the new advancements in our payment and related systems.

Ayesha Khan Profile
Ayesha Khan answered

If you take away all the noise around cryptocurrencies and reduce it to a simple definition, you find it to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: This is exactly how you can define a currency. This is all in relation to how you learn machine learning. Both of these are connected and will make our future improve exponentially.

As long as a transaction is unconfirmed, it is pending and can be forged. When a transaction is confirmed, it is set in stone. It is no longer forgeable, it can‘t be reversed, it is part of an immutable record of historical transactions: Of the so-called blockchain.

vat uae Profile
vat uae , Tell about Bitcoin , answered

Bitcoin was thefirst cryptocurrency, and is still the biggest, but in the eight years since it was created pretenders to the throne have come along.

A bitcoin doesn’t really exist as a concrete physical – or even digital – object. If I have 0.5 bitcoins sitting in my digital wallet, that doesn’t mean there is a corresponding other half sitting somewhere else.

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Claire West Profile
Claire West answered

My friend's visiting a blockchain conference this summer. He is determined to spend two days there admiring the sights as well. I was surprised to know that bitcoin miners had their own conferences. I could understand if they had online webinars or something of the kind, but a full-length two days event is serious business. Would you like to buy a ticket for such an event?

James Peng Profile
James Peng , IDCM.io, answered

Bitcoin, along with other main stream cryptocurrencies like LTC, ETH are way to bloated in price to make proper profit nowadays. But with newly established coins like RavenCoin, you can potentially gain a profit of 200% or 1000% in a matter of months.

RavenCoin was recently (May, 2018) on IDCM (International Digital Currency Markets)

Albert Enula Profile
Albert Enula answered

I think they are an important product of innovative thinking.

Currently
the Blockchain is able to support people making transactions using Bitcoin. Years ago, this would have seemed quite impossible. Considering
the total volume/value of Bitcoin presently in circulation, you could
see that its a new Virtual economy all together.

Then
there are a host of other brilliant innovations being hosted on the
Blockchain. Utilizing Proof of work, or even the proof of stake
algorithm of consensus to run and verify transactions.

Presently,
one Blockchain that stands out is RChain project. The organization has
worked relentlessly to birth a new platform capable of running more than
5,000 TPS.

If we could be futuristic and
for once consider the elegant projects, in diverse areas of mankind
where such amount of processing power could be utilized. A lot more time
would be saved. Healthcare, Social networking e.t.c.

Things done on the Blockchain would be more efficient.

More problems would be solved.

Amit Bajpayee Profile
Amit Bajpayee answered

Every investor is worried about future of cryptocurrency as we have seen a dip in Bitcoin value. Still, there are some altcoins which has a bright future and will replace Bitcoin as there are some flaws in it.

Here is the reference I get from Forbes -

"The Russian Bitcoin mining company called Russian Mining Coin (RMC) did an ICO last September. Pre-ICO prices for one coin ranged between $4,000 and $5,000, so a $10,000 investment in an RMC coin would get you no more than two coins. Today, one RMC coin goes for around $9,000. At its peak on Dec. 7, however, one RMC sold for over $29,000."

So there's a scope to earn money if you invest in cryptocurrency, but if you are new to trading world, you would need a Forex trading trainer who can mentor you and guide you with the Forex trading strategies.

Jose K Adams Profile
Jose K Adams answered

We have been operating since 2016 when bitcoin cost only 400 dollars and our team was build from 2 people, since then we have expanded and now we have the team of 23 experts from all the fields in a crypto community and we all proudly call ourselves arbitrage people. Since then we have come a long way and have earned respect from people around us. 

To put it simply, our experts form part of a large arbitrage pool managed by the great investment professionals on our team. Their job is to find price difference between different exchanges and make a profit, and then share the profit with the community on our investment plan. Our specialty is risk-free safe trading opportunities based on cryptocurrency arbitrage trading. We would love for you to join us on our journey.

Meg Thomas Profile
Meg Thomas answered

In my opinion this is a good way to make money. All you need is just to figure out how it works. In fact, it is not so difficult. Look here, https://tokenschart.com/en/education there is not a long learning about how cryptocurrencies work. This truth is not difficult to understand.

Kira Smart Profile
Kira Smart answered

I really think cryptocurrency is a high-risk investment for couple of factors like its price is unstable, people cannot predict from now exactly where its price would go.  You will definitely not receive earnings really quickly, yet over the years. Bitcoin could hit $100,000 in 10 years, I read the news here a few week ago.

Mary Patterson Profile
Mary Patterson answered

To my mind, it is very important to have enough information on any type of trading. If you started from the beginning, you can just use 3commas trading bot https://3commas.io/ to generate higher income. If you are looking for the opportunity further, it will also assist.

Anonymous Profile
Anonymous answered

You can try Polyx where you can easily buy bitcoin instantly and Ethereum if you have a Visa or Mastercard debit/credit card and since card transactions and the instant it’s probably the fastest way to buy online.

Hanna Whilson Profile
Hanna Whilson answered

Personally I believe in the future of cryptocurrency. The amount of services that accept digital money has benn increasing. I want to add that it is possible to find out what other crypto users think on the topic. There is a good site where the independent crypto community shares experience about various cryptocurrency projects, including Bitcoin. In case you are interested, visit https://revain.org/projects/bitcoin

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