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Topics - Domithra

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16
Cryptocurrency discussions / Can Airdrop Venezuala boost up crypto?
« on: January 17, 2019, 03:28:23 AM »
One great development to enter the crypto space this year is the Venezuala Airdrop which is team comprises great economics and crypto experts like Steve Hanke. This works in association with AirTM which is a Mixico Blockchain based currency platform. The main aim is to raise funs for the have-nots in Venezuala. Is this project likely to spike things for the entire crypto community?

17
Remember, this is crypto and some people prefer to stay anonymous. However, it will be in the best interest of the project for the team to reveal their true identity due to the recent scam issues associated with ICOs. Now, many investors refrain from projects with anonymous team because it has become one of the ways of checking scam or fake projects.

18
Basic Questions about Cryptos / How can scam projects be eliminated?
« on: December 27, 2018, 04:38:13 AM »
It will take only intensive regulations from platforms that host bounty programs and ICOs in order to check the frequent scam project. Setting up anti-scam team that will follow up on each project in order to make sure that the team members of the project are real and the project is with working product or are in the process of developing it. Payment during the ICO can be made using escrow system which will allow investors to be on safe side.
Aside these services, it will take investors the sacrifice of performing self research on new projects and ICOs in order to identify the right projects.

19
Bitcoin Forum / Is it necessary for Bitcoin to scale?
« on: December 22, 2018, 04:33:46 AM »
Scalability alone cannot kill Bitcoin although it is good for it to scale in order to achieve the daily usage of BTC in the purchase of goods and services, thus serving its first purpose as a currency. If BTC does not scale, it will still remain as a store of value which is already seen now - due to its limited supply, the increase demand will raise its value which will bring more profits to its investors/holders.

20
Cryptocurrency discussions / Leave and regret later
« on: December 14, 2018, 01:36:59 AM »
I like the phrase, "now or never". The market is now in a situation where it grants the best opportunity for all investors (new and existing) to buy more valuable coins like BTC, ETH, XRP, EOS etc at relatively low prices. This opportunity will not last forever because the market will certainly have to recover and make another bull run. Fail to buy now and regret later when the bull comes.

21
Bitcoin Forum / Who are the target market of Bitcoin?
« on: December 12, 2018, 01:32:41 AM »
The targeted market of Bitcoin is everyone. Bitcoin was created to function as a currency and facilitate the payment of goods and services both online and offline. Do we have discrimination when it comes to the usage of a currency? The answer is certainly, no. Bitcoin belongs to everyone, hence it is necessary crypto users now who saw the opportunity earlier to take this revolutionary technology to the people with the aim of creating more awareness in order to draw more people to the crypto space.

22
One thing that drives my instinct to keep holding is that the future of crypto is bright, it can be 2019 or further years to come. What i know is, I am holding till that bull market comes again. Remember, there are whole new developments about to enter the crypto space and this will definitely cause a boost in the market prices and value (The launch of Baktt).

23
Bitcoin Forum / Do you also call it the end of BTC?
« on: December 10, 2018, 01:55:37 AM »
There will be nothing like game over for Bitcoin. What do you call it when Bitcoin rises to $20K? It is still Bitcoin when the price drops. This is one of the intrinsic features of crypto. There are times when the market goes down to allow new investors to enter the scene where they can buy some of the valuable coins at low price and once the price spikes, makes profits for themselves. We should learn to understand this fundamental principle. The market will definitely recover.

24
The governments and banks are major concerns of crypto and the more reason for the price determination on the market now. Crypto is largely influenced by the large numbers of people either trooping in to invest or refraining from it. In the light of this, any factor which drives the people to any of this direction has the potential of affecting the market value and price hence needs to be dealt with respectively.
The governments have great influence on the people and once the government ban crypto in a certain country, more than 90% of the entire population of that country lose interest in investing or patronizing crypto. Hence, it really matters if the governments accept cryptocurrency as this can cause the market to skyrocket.

25
Cryptocurrency discussions / Crypto and stock market
« on: December 08, 2018, 01:27:56 AM »
Stock market is a whole different concept on its own to be compared with crypto. Cryptocurrency is revolutionary and offers investment opportunity as well as serving as currency to facilitate the payment of goods and services. This year seems to be a bear market year for both stock market and crypto yet crypto is known to have the intrinsic capabilities of rising again.

26
Of course new developments will enter the Blockchain technology and most especially will target the scalability aspect of it. Scalability, which is the number and speed happening at the same time in order to complete the several transaction made at a time within the shortest possible time is the market concern now and hopefully, developers will work towards bringing solution to that. What other development to you think may enter Blockchain?

27
Cryptocurrency discussions / Do you buy only top 100 coins?
« on: December 05, 2018, 01:35:35 AM »
Buying a coin in the top 100 position on the market is good as they have already gained roots and making progress but there are equally good new coins that no where near the top 100 yet performing marvelously well. A coin like Lympo had a great rise when it was listed and still making progress by launching its app in the USA.


28
A lot of factors come to play for a project to be success. Funds play a key role but that is not the only player. Before a project becomes successful, it must possess well experienced team with advisors and marketers capable of taking the product to the people and drawing more investors to patronize it. Also, the product or idea must be one which is in demand especially on daily basis because investors must be sure that the project can survive for a very long time. Building a strong and supportive community is one of the key players. Supportive community do not dump the coin but rather create more awareness to grow the demand and value of the coin.

29
Cryptocurrency discussions / Why do people get scammed in ICOs?
« on: December 02, 2018, 01:44:27 AM »
Most people get scammed because they fail to study about the project before joining. Some scam or fake projects are very obvious to detect from the website or whitepaper as the information they provide about the team do not exist or incoherent information.
However, a very few scam projects are difficult to detect because they are strategically developed.

30
Cryptocurrency discussions / Are you fed up with bounties?
« on: December 01, 2018, 01:18:48 AM »
Bounty campaigns are good means for earning free tokens in crypto. For me, it's more than a job. It requires patience to get the best out of every project that is why you must read the whitepaper in order to know the road map of the project. Some projects have on their road map, 6 months to fully actualize its goals after the end of the ICO or bounty and with that all bounty participants are expected to comply or never participate at all.

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