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Messages - CrypMania

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16
Cryptocurrency discussions / Re: now is the time to buy alts
« on: October 07, 2018, 05:58:16 PM »
There is no doubt that the current market trend is an indication to invest more. Yet one has to be careful about where to direct your investment since many of the coins may not amount to anything even thousand years from now.

17
With these sea of Altcoins being generated each day, it prove cryptocurrencies are progressing and this should be since human needs are vast and shows that a lot has to be done. I am kind of neutral about my feelings.

18
Bitcoin Forum / Re: How popular is bitcoin in your country?
« on: September 30, 2018, 07:49:54 PM »
The population size of my country is approximately twenty seven million people. Among these people, I believe about five percent have heard about bitcoin. Many investment companies of bitcoin have been opened in the country and many people are flocking into it.

19
Cryptocurrency discussions / Re: Are the people ready to learn about crypto?
« on: September 30, 2018, 07:27:52 PM »
Those who are open minded will take their time and do their own research about it. But those are not open minded will even support the media and government in their campaign against cryptocurrencies.

20
Cryptocurrency discussions / Re: Scam coins everywhere.
« on: September 30, 2018, 07:11:58 PM »
There are many scammed projects out there but notwithstanding many are also genuine. And also many projects are legit but they fail on the way.

21
Cryptocurrency discussions / Re: Why is bitcoin not used in medical billing?
« on: September 30, 2018, 04:45:46 PM »
Bitcoin cannot be used for medical billing whilst it's under attack by governments of countries and medical care is also an integral part of the country as a whole. But if projects about medical care receives maximum adoption, bitcoin will be used to pay medical bills.

22
Bitcoin Forum / Re: Is Bitcoin safer than banking?
« on: September 29, 2018, 11:15:21 PM »
The reality on the ground is that, banks have been around a long time and have proven to be trusted. You are comparing the safety of bitcoin and banks and you couldn't say anything that bitcoin poses that makes it more safer than banks.

23
Cryptocurrency discussions / Re: Bounty 14 days good or not?
« on: September 29, 2018, 05:09:26 PM »
The legitimacy of a bounty is not dependent on how long it runs. You can read their whitepaper to see whether the goal of the project has any real life benefits and it is likely to be adopted by many people.

24
Basic Questions about Cryptos / Re: Hold vs trading what is better?
« on: September 29, 2018, 04:35:44 PM »
When it comes to making profit, there is no way hodling can come close to trading. So if you have the time, resources and the know how then trading is your best shot. But if you are newbie and do not know your way around the crypto world, then hodling is the one for you.

25
Cryptocurrency discussions / Re: Are you a victim of the word HOLD?
« on: September 29, 2018, 04:13:24 PM »
I believe no one in this crypto business is immune to the downside of HODLing. I for once do not believe hodling for a long time is the problem. The problem lies in the coin. Most coins fall way below their ICO price when they hit the market. If you are a possessor of this coin and you do not want to make a loss, the only option you've got is to hodl.

26
Cryptocurrency discussions / Re: WHY 99% OF ICO IS SCAM?
« on: September 28, 2018, 08:46:00 PM »
99% is an overstatement of what is actually happening. But one cannot ignore the fact that these scammed projects are growing proportion as time goes by. To me scammed projects are largely due to the fact that some blockchain networks have made it easier for people to create their own coins without their having to bootstrap a blockchain network themselves.

27
Cryptocurrency discussions / Re: Why are there so many coins?
« on: September 28, 2018, 07:15:58 PM »
Every invention is geared towards meeting human needs and that's all cryptocurrencies and blockchain technology is about. Despite these facts, many of these cryptocurrencies have no real products backing them and this make them almost useless to some point.

28
Bitcoin Forum / Re: Is bitcoin a form of gambling?
« on: September 23, 2018, 08:43:02 PM »
We pay for electricity in order to generate bitcoin and the same is true for everything that is powered by electric power. So if we are going to assume that paying for electricity in order to get a work done (in this case to generate bitcoin) is synonymous to gambling, then I cannot think of anything that wouldn't be a form of gambling.

29
Bitcoin Forum / Re: Do you wish you had bought BTC in 2009?
« on: September 23, 2018, 08:29:41 PM »
I don't wish for a moment that I had bitcoin in 2009 because I might have been among those who are living in regrets because they couldn't foresee the future of bitcoin and sold it cheaply.

30
Cryptocurrency Price Speculations / Re: Ethereum still looks good
« on: September 23, 2018, 08:22:18 PM »
Ethereum has experienced its massive fall and that is the lowest point it can fall. What is left is now a constant rise because after a fall is a rise.

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