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Messages - princessgirl

Pages: 1 2 [3] 4 5 ... 13
31
Bitcoin Forum / Are you underestimating the economic impact of Bitcoin?
« on: November 09, 2018, 01:39:58 AM »
The role of Bitcoin in the economy cannot be underrated. Countries that accepted and integrated Bitcoin into their payment methods are now seeing incredible boost in the growth of their economy. Bitcoin generates job opportunities in a country because it calls for the establishment of mining industries and settlement of many crypto projects.

32
One of the amazing features of the Blockchain technology is its decentralized nature. This is what makes a lot of people patronize this revolutionary technology because it eliminates all central authoritative third parties, hence provides simple and faster payment methods. Centralization always delay transactions due to the long steps following bureaucracy.

33
Bitcoin Forum / Why do you believe in Bitcoin?
« on: November 07, 2018, 01:56:18 AM »
Bitcoin has the strongest and powerful community in the entire crypto space. One of the essential factors necessary for the survival of a coin on the crypto market is how strong its community is. The community is necessary to keep the inflow of funds by raising the demand of the coin through trading and other forms of utilization of the coin. All these are seen in Bitcoin.

34
ICO investments like any other investment becomes risky when an investor invests blindly without any knowledge about the details of the portfolio or coin. Researching into the coin or ICO gives a clue on either to choose a short term or long term investment plan for the coin because not all coins are worth keeping for long term.

35
Cryptocurrency discussions / Are altcoins better than Bitcoin?
« on: November 05, 2018, 01:47:26 AM »
Each coin has its goal and i think we should judge the performance by how well each coin is progressing towards its goals. It is obvious on the market that Bitcoin holds the number one position with the largest market cap due to its huge number of investors.

36
Due to the false news presented by the media and governments about crypto, most people have misconceptions about cryptocurrency. It is best to increase upon the awareness creation and utilize the Blockchain in our businesses. After buying an item from a shop, ask if they accept cryptocurrency. With this, we gradually create awareness for the entire crypto world.

37
Cryptocurrency discussions / Is the future of crypto good or bad?
« on: November 03, 2018, 01:47:45 AM »
The fact that cryptocurrency has been able to withstand all the pressures and attacks from the governments and banks should ring a bell to all crypto investors - the future of crypto is bright. People are gradually becoming aware of the benefits of crypto. In some few years to come, every business will integrate crypto into their payment systems.

38
Cryptocurrency discussions / Why is fear dominating the market?
« on: November 02, 2018, 01:27:04 AM »
Never give in to the FUD generated by the governments, banks and media. This is what they stand to achieve - to generate fear in both existing investors and potential investors in order to reduce the demand of crypto. The market always recovers, never fall a victim to FUD and sell your coins for cheap prices. Stay calm and wait for the bull market.

39
Bitcoin Forum / Can China destroy Bitcoin totally?
« on: November 01, 2018, 01:40:53 AM »
The total control of Bitcoin does not lie in the care of China. Although China holds the largest Bitcoin mining industries it cannot totally destroy Bitcoin. It will cause Bitcoin to fall in value but not destroyed totally. Remember, most of the Bitcoin mining in China moved out of China when the government of China banned Bitcoin.

40
Cryptocurrency discussions / Is Fiat necessary to patronize?
« on: October 31, 2018, 01:48:37 AM »
Fiat is necessary because it is the simplest way of making payment by the least educated ones in our societies. Cryptocurrency offers incredible features and services for purchase of goods and services yet the ideology is revolutionary which will take some time to gain complete roots as the people learn its concepts gradually.

41
Cryptocurrency discussions / Play safe! This is crypto
« on: October 30, 2018, 02:37:58 AM »
This is crypto and due to its decentralized nature, the total control of transactions and security to wallet lies in the care of the wallet holder. This is the main reason why every crypto user must keep safe their login details in order to avoid being scammed or phished. Never keep tokens on exchange sites after trading because exchange sites are always under attack.

42
Cryptocurrency discussions / Do crypto traders pay tax?
« on: October 30, 2018, 01:40:39 AM »
Germany announced tax free for all crypto users. I don't know about other countries but tax are paid directly or indirectly by each one. Traders may not be charged taxes for their transactions but indirectly, they pay their quota of tax to the exchanges where the trading is done. These exchanges pay taxes directly or indirectly when making the final conversion from crypto to fiat.

43
The common mistake made by most crypto investors stems from impatience. Due to impatience, a lot of crypto investors have sold their valuable coins for amounts worth a candy or burger. Most investors fail to learn and do not know the capabilities and potentials of the coin they hold. This ends up in selling the coins at cheaper prices.

44
Cryptocurrency discussions / Do you follow pumping signals?
« on: October 28, 2018, 02:43:04 AM »
Pumping signals have emerged to be one of the smartest way of making profit in crypto. However, it has its own pros and cons. The leaders of the signals are always making the money because they already the buy the coins at cheap prices before giving the signals. Never give in to long term holds for such coins.

45
The demand of crypto will definitely increase if the mobilephone apps and games integrate it into their payment systems because people are more close to the mobile phones.
Already, there are some crypto projects targeting the mobile apps and games - CryptoSoul and IZX are two mobilepnones games which has integrated cryptocurrency in the payment as players buy stuffs while playing the game.

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