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Topics - Domithra

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31
The status of the economy of a country is determined by how the country has designed and execute its state of affairs. It is not always an upward movement for all countries. Most of African countries have depleting economy and are always in the position of borrowing from foreign countries and receiving donations.
Blockchain is one of the main solutions to this bane which depletes the economy of some countries. With Blockchain, there is creation of job opportunities, financial freedom, enhanced payment systems, investment opportunities etc for the people.

32
Bitcoin Forum / Is Bitcoin going to give another surprise?
« on: November 29, 2018, 01:48:28 AM »
Crypto is full of surprises because it is very difficult to predict the market irrespective of the analysis one can make. What matters most is the ability of crypto and Bitcoin users/investors to be patient because one thing that is certain about crypto is that the market always recover. Bitcoin will surely surprise investors by rising again.

33
Cryptocurrency discussions / Dumping does not come from bounty hunters only
« on: November 28, 2018, 01:47:51 AM »
Dumping of a coin does not come from bounty hunters alone. Some bounty hunters dump their tokens because they do not take time to study the capabilities of the coin in their possession. However, i can say the excessive part of dumping come from the ICO investors who out of panic sell their coins for fear of losing their money. For example, a coin like 4New KWATTS had a total allocation of 18,000 KWATTS for bounty hunters but right after its listing, a total of 40,000 KWATTS was dumped. The question is, where from the 22,000KWATTS. It could be from the team or investors.

34
More exchanges are necessary. This will create market competition in order to put all the exchanges on their toes to deliver the best of services to enhance crypto trading and exchange. At least there should be exchange in every continent of the world.

35
Cryptocurrency discussions / What determines the death of a coin?
« on: November 26, 2018, 01:37:20 AM »
Removing a coin from an exchange cannot entirely destroy the coin especially when it is listed on many exchanges. This can affect it adversely to a certain degree. What can kill a coin is when trading of that coin ceases, thus when crypto users especially buyers decide not to purchase the coin. This will leave all sell orders hanging and eventually devalue the coin - the death of the coin.

36
Bitcoin Forum / Is rebranding of Bitcoin the solution?
« on: November 25, 2018, 10:58:42 AM »
Bitcoin has already been rebranded in order to improve certain features like the transaction speed, transaction cost, insufficient transaction capacity etc. However, non of those rebranded form is still performing more than the original Bitcoin. This shows that the problem is not with rebranding of Bitcoin. Bitcoin has got an intrinsic feature of growing on its own because it seized the opportunity of being the first cryptocurrency and built a strong and supportive community. With time, Bitcoin will emerge out to be greater than what was witnessed in December, 2017.

37
Poverty can be eradicated, no doubts about that. Firstly, to deal with poverty, it must be tackled from the psychological aspect. Poverty is a state of mind. What may seem poor to someone, may seem riches to another. We should learn to set realistic goals within our limits and learn to be content with what our efforts bring us.
On the other hand, poverty can be handled with the Blockchain technology. Most people are poor because of slowed business progress. Integrating Blockchain into a business brings an added sense of value to the business in the field of the payment systems. Once there is transparency and effective payment system (Blockchain offers this), there is likely going to be an increase in work productivity and increase in profit making margin.

38
Cryptocurrency discussions / Crypto creates smart people
« on: November 23, 2018, 01:35:06 AM »
That is one of the advantages of people who patronize cryptocurrency. The crypto market allows its users to make analysis which improves the thinking and decision making skills of its users. Users read lot of information about crypto in order to stay abreast with the trending coins on the market.

39
Cryptocurrency discussions / Avoid FOMO
« on: November 22, 2018, 01:43:51 AM »
FOMO has left lots of investors to lose their money. Most people are in crypto just to make rich overnight but that is not how the market works. It requires patience for an investor to hold and wait till a coin to hits its bull run. Every good coin does not follow the pump signal which eventually end up with a dump. Every good coin takes time, execute its plans according to what is presented in the whitepaper and eventually becomes huge on the market with deep roots which cannot fall drastically.

40
Cryptocurrency discussions / What does the future of cryptocurrency hold?
« on: November 21, 2018, 01:32:27 AM »
There are lot of speculations about the future of cryptocurrencies with lot of people anticipating a giant leap in price of Bitcoin, thus wishing for bull market. The market will certainly grow in value because it is gradually reaching out to more and more people each day. However, we should anticipate for an increase in the usability of cryptocurrencies in purchasing items and services rather than hitting huge spikes which normally follow a dump.

41
There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.


42
Cryptocurrency discussions / The gaming industry utilizing Blockchain
« on: November 19, 2018, 01:29:26 AM »
This is good for the entire crypto space. I have seen several gaming projects utilizing the Blockchain technology to integrate cryptocurrency into its payment methods. The IZX and the CryptoSoul game are classical examples. Do you think this is another step towards greatness in crypto?

43
Stability is what most potential investors seek for before they can join crypto. However, it is with the volatility nature of crypto and Bitcoin that the price can move incredibly to bring profits to its investors. If Bitcoin maintains a steady price range for quite some time, more investors will join and this will be good for the entire crypto market.

44
Cryptocurrency discussions / Are you losing hope in crypto?
« on: November 17, 2018, 01:22:46 AM »
Being in crypto for a while and moving out later is a clear sign of lack of understanding of the concept of the Blockchain and crypto as a whole. Every true crypto user knows the benefits of crypto and the successful future crypto has. The Blockchain technology is revolutionary and will certainly break through all odds and hit the mainstream adoption.

45
Cryptocurrency discussions / Impact of natural disasters on crypto
« on: November 16, 2018, 02:02:32 AM »
Natural disasters affect everything either directly or indirectly. Although cryptocurrencies are digital, remember, the mining machines are physical and can be damaged by the disaster. It requires people and their demand/patronage to give the entire crypto market its value. A natural disaster claiming a lot of lives which may include crypto enthusiast, investors or users apparently affect the crypto market.

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