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Topics - Domithra

Pages: 1 ... 3 4 [5] 6 7 ... 55
61
Cryptocurrency discussions / Do we need Blockchain technology?
« on: November 01, 2018, 01:43:50 AM »
Blockchain offers incredible services which cannot be forgone in our contemporary world. Through Blockchain, a lot of businesses and ideas have become a reality. With Blockchain, healthcare services can now be accessed anywhere across the globe through the utilization of Blockchain powered apps like the Docademic (MTC). A lot of innovative ideas which pose solutions to man's long standing problems are now being generated with the help of Blockchain.

62
Bitcoin Forum / Do you think Bitcoin should be stabilized?
« on: October 31, 2018, 01:40:11 AM »
Bitcoin becoming stable means one thing. It will lose the feature of generating income for holding for long term. Remember, it is because of the volatility nature of Bitcoin that it can make a giant leap from $6k to $20k. Lets also acknowledge the positive side of the volatile nature of Bitcoin.

63
Cardano Forum / Is Cardano capable of surpassing Ethereum?
« on: October 30, 2018, 01:36:23 AM »
Looking at the idea and technology behind Cardano, it is very obvious that Cardano can surpass Ethereum most especially in times like this when Ethereum has suffered a great downward movement in the past few months. One thing in crypto is that the success of a coin does not entirely depend on the idea, product or technology behind a coin. One of the strongest factors to consider when looking out for the success of a coin is how strong, powerful, healthy and supportive its community is.
Ethereum has got a strong, healthy and supportive community than Cardano, which will make it very difficult for Cardano to surpass it now on the market.

64
Bitcoin Forum / Does too many altcoins pose a threat to Bitcoin?
« on: October 29, 2018, 01:22:19 AM »
Bitcoin alone cannot fulfill the goal of the Blockchain technology. There is more to the Blockchain than what we know today. As the years go by, new coins will be created in an attempt to bring new solution to a problem in our society. Each altcoin has its goals, product and idea it sells.

65
Bitcoin Forum / Has Bitcoin brought damage to you?
« on: October 28, 2018, 02:36:10 AM »
Bitcoin has brought no damage to me because it always give me more profit for holding. Bitcoin has facilitated my payment for services and goods in online shops like Newegg, eGifter, Expedia etc. Exercise patience whenever the market goes and hold it because Bitcoin always recover.

66
Cryptocurrency discussions / Is Africa a good place for crypto?
« on: October 27, 2018, 02:29:03 AM »
Although most of the indigenous people in Africa are not ICT and technology inclined, Africa is one of the good continents for crypto. Most of the countries are developing whereas some are underdeveloped with low economic status.
Bringing crypto to the people will boost the economy as it generates job opportunities and harness the payment systems as well.

67
Blockchain technology offers vast significance because it can be utilized in all sectors of our lives which include the agriculture, education, health, technology, finance etc. The decentralized nature of the Blockchain makes its transaction very fast as it eliminates all third party interruptions which could lead to further delay of transaction.

68
Cryptocurrency discussions / What is going to happen to the banks?
« on: October 25, 2018, 02:21:26 AM »
A lot of crypto users anticipate the collapse of Banks some few years to come because crypto is gradually gaining roots as the people become more familiar with its concepts and significance. The banks have got the complete backing of the governments, hence its complete collapse is far reaching. The banks will rather coexist with crypto and integrate cryptocurrency into its services in order to keep the interest of the people as Blockchain grows in significance.

69
The era of the paper money is gradually vanishing, no doubts about that. It appears cumbersome in the physical wallet of people especially when carrying a huge sums around. People's attention is gradually shifting to the digital currencies because of convenience. Cryptocurrency will definitely turn to be the master of all digital currencies due to its fast and transparent transactions.

70
Cryptocurrency discussions / The essence of reading whitepaper
« on: October 24, 2018, 03:47:02 AM »
Whitepapers give investors and bounty participants clue on the authenticity of a project and how well the project can attract investors to itself. This is where the idea, the product, the goal and the roadmap of the project can be found. Always look out for typos and incoherence in information in the whitepaper because scam projects are always prepared in a haste.

71
Bitcoin Forum / Make a simple prediction about the future Bitcoin
« on: October 21, 2018, 02:53:25 AM »
The future of Bitcoin is quite clear now because it can be affirmed from the fact that Bitcoin has been able to withstand all the attacks coming from the governments especially when the attacks rose to its peak this year. Bitcoin has shown a great capability of soaring into the future by withstanding the pressure and maintaining a good market price till date.
In some few years to come after these pressure subside as the people become more familiar with Bitcoin and crypto, Bitcoin will increase in value on the market due to the increase in its demand.

72
Cryptocurrency discussions / How do you save money for a long term?
« on: October 21, 2018, 02:23:44 AM »
Saving money is very difficult for some people because it requires the sacrifice of giving away what you have for a future cause. It has become more profitable to save with an investment as they yield interest yet very difficult to locate and choose the right portfolio. One of the best crypto investment is to invest in any of the large cap coins especially the first 10 coins on the market because they have already gained much roots.

73
It is good to make big investments to attain huge returns in the end. However, for an investment yield profits in crypto does not depend on the amount and investor deposits. It depends on the performance of the coin on the market and its demand. It is therefore very necessary to study about the performance before investing irrespective of the amount you can afford.

74
Ethereum Forum / Is the price of Ethereum dependent on Bitcoin?
« on: October 20, 2018, 02:34:48 AM »
Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.

75
Cryptocurrency discussions / Is it possible that Fiat will crash?
« on: October 19, 2018, 02:58:25 AM »
Fiat will take quite a good number of years to fade out of the system because it has got the full backing of the governments across the globe. Cryptocurrency has a revolutionary idea yet it has a long way to go in order to prove its significance to the world in order to meet the approval of most of the governments

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