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Messages - princessgirl

Pages: [1] 2 3 ... 13
1
Bitcoin Forum / Is Bitcoin ever going to be replaced by any altcoin?
« on: December 10, 2018, 02:02:52 AM »
Thinking of Bitcoin replacement now? From the figures it presents as market cap, it appears like no other altcoin is so close to set a competition with Bitcoin. Aside this, Bitcoin is set to meet new developments which will enhance its Blockchain with speed and sufficient transaction capacity like what the Lighting Network intends to achieve.

2
Most investors anticipated too much for a bull run this November and coming December and once that was not shown up, they began to sell off. It is very necessary to learn about how crypto work before investing and not to invest blindly and later cause panic sales which affect the entire market. The market does not follow a particular trend which makes it fixed that it is suppose to rise at certains months and drops at certain months. There is more to the bull market and bear market than just mere anticipation and prediction.

3
Bitcoin Forum / Do you support the idea that Bitcoin should stabilize?
« on: December 08, 2018, 01:41:56 AM »
The price of Bitcoin is determined by several factors which include the influence of news on the market and the readiness of users to buy and sell at certain high or low prices. Since these factors are not subjected to any regulations, the price of Bitcoin keeps fluctuating. Bitcoin can only be stable under regulations from authorities and once this happen, it ceases to be decentralized.

4
Cryptocurrency discussions / Is 2018 the year of crypto correction?
« on: December 06, 2018, 01:33:57 AM »
The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.

5
Bitcoin Forum / Re: Is Bitcoin being dumped
« on: December 05, 2018, 01:54:58 AM »
When a coin value decrease over time panic sells arise causing dumping . The Bitcoin price is no longer increasing. Am very optimistic that the price will increase when is the question of which no one can give a sure answer. Do you see this as a dumped?
I am not surprised to see Bitcoin fall during this time. A lot of factors have contributed to this decline in price and value of Bitcoin on the market.
To begin with, we are all aware that every crypto bull market is definitely followed by a correction phase - this is where investors begin to sell during the peak of the bull in order to make profits from their investments. With this, the market will see a dip in price and value. After the correction phase, the market is suppose to seemingly stabilize while the withdrawal and the deposit appears almost balance. This is the phase where investors and crypto users need to work hard in order to attract new investors into the seen in order to spike up the market again.
This year was different. The market remained dormant for so long with the withdrawal surpassing the deposit. As this continued, there was an obvious sell offs arising from panic because most investors anticipated for a bull market during the last Q4 of the year (which appeared not happening).

6
Bitcoin Forum / Re: Crypto Without Bitcoin..
« on: December 04, 2018, 01:58:19 AM »
Bitcoin is very necessary because it holds the largest market cap which is more than twice the second ranked coin, Ethereum. This means most of the crypto investors are Bitcoin based, hence once there is the death or absence of Bitcoin, there will be panic or disturbance among these investors which will directly affect the entire market at a significant amount, however it cannot collapse the market completely.

7
Bitcoin Forum / How has Bitcoin helped you?
« on: December 03, 2018, 01:57:42 AM »
Irrespective of what happens to Bitcoin, it has helped most people like us (forum members) to broaden our scope of knowledge on the Blockchain technology and how it can be utilized by other projects to generate incredible solution to humanity through the enhancement of proper payment systems, security, trust and transparency.

8
Cryptocurrency discussions / How do you compare ICOs in 2017 and 2018?
« on: December 02, 2018, 01:51:33 AM »
ICOs in 2017 seemed to faced less less challenges because the issue of scam and fake projects weren't on the peak as compared to this year, 2018. Lot of attention drew to cryptocurrency because of the bull market on December, 2017 and January, 2018 that thrilled the entire world. Fraudsters and scammers set in the scene to loot from investors by creating fake projects. Governments also set to ban lot of crypto activities because they fear the power it was giving to the people.
All these negative factors pushed away investors and potential investors because they feared to lose their investments.

9
Crypto investment is not entirely fixed to ICOs. There are valuable coins on the market that makes perfect portfolios for investment now. Large cap coins like Ethereum, Bitcoin, Ripple, EOS are good choices now because the prices are relatively low but have all the capabilities of recovering and hitting new high prices on the market.

10
Cryptocurrency discussions / Is holding the solution to the bear market?
« on: November 30, 2018, 01:36:33 AM »
Holding is one of the ways for investors to protect their investment and the market as well when the market goes down. Selling when the market goes down only depreciate the market value further. However, holding is not the solution to the bear market. Creating more awareness to attract new investors in order to raise more buy orders than sell orders is the solution to bear market.

11
Cryptocurrency discussions / Why do we use this paper money?
« on: November 29, 2018, 02:00:57 AM »
The history of trading or exchanging is a very interesting one. Man decided to finally limit the burden of using items like cowries or some special stones to make payment because it was cumbersome - the reason for the paper money. Convenience is what every man seek and because of this, the Blockchain has been created to bring a more convenient and simple way of making payment both online and offline. Cryptocurrency will definitely hit the mainstream adoption some years to come.

12
Bitcoin Forum / Why is Japan the largest Bitcoin users?
« on: November 28, 2018, 02:00:17 AM »
Japan is among one of the few countries that take seizes every opportunity that come their way to better the economy of the country. Bitcoin is one of the means to help the people gain financial freedom and boost the economy at large. This is why Japan has Bitcoin adopted. Also, after China has banned Bitcoin, most of the miners moved to favorable countries like Japan.

13
One of the main reasons why the governments must accept cryptocurrency is that it has the capabilities of raising the status of the economy of a country through the creation of job opportunities and offering financial freedom to the people. With the immutable digital ledger feature of the Blockchain technology, corruption can be curbed because all transactions are recorded and cannot be altered.

14
Bitcoin Forum / Can Bitcoin displace Paypal?
« on: November 26, 2018, 01:57:39 AM »
Paypal has been operating long before Bitcoin and has got the accreditation of most banks across the globe. However, Bitcoin offers significant features and benefits which Paypal do not offer. Bitcoin allows to purchase items as well as to earn for holding for some time. Bitcoin will only get to displace Paypal completely when it is accepted by the most of the governments.

15
Cryptocurrency discussions / Cryptocurrency and the world of Business
« on: November 25, 2018, 11:08:21 AM »
One of the main focus of cryptocurrency is to enhance businesses to improve upon their payment systems. With the help of cryptocurrency, theft and corruption can be checked due to the smart contract which allows all transactions to be recorded and tracked anytime, anywhere. This technology allows businesses to raise funds from investors to support the vision of the project as investors also gain profit in the end when the projects fully actualize its goals.

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