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1066

Bitcoin Forum / Re: Why I don't believe bitcoin can replace gold

« on: December 27, 2020, 04:23:48 AM »

Quote from: Trumpet on December 12, 2020, 08:08:52 AM

Thank you so much to share a good information.It is very knowledgeable news for every person.beacuse Manny members are things gold and bitcoin are same.

Bitcoin can never replace the Gold and they have their own identity and usage. Gold is more stable than the BTC because if BTC down to $1 then there is no chance Gold will be also available in $1/12 gram.

1067

Bitcoin Forum / Re: Is it necessary for a country to approve Bitcoin?

« on: December 27, 2020, 04:21:43 AM »

Bitcoin approval is good for any country's economy because if they make the crypto currency legal then any person who can afford the mining can get some of the cryptos and can earn some money.

1068

Bitcoin Forum / Re: Bitcoin Versus Government Money: One is Clearly Superior

« on: December 27, 2020, 04:19:11 AM »

Quote from: gqinyot on December 13, 2020, 10:04:25 AM

I believe there will be a cryptocurrency leader and it will gradually replace the money circulating in their country and beyond there will be a common currency that the whole world uses it.

Bitcoin and the Fait have their own place and non of them will be able to replace each other. The fact is that Bitcoin is considered as a King of the Digitial money and Fait is demanded in the normal life like you will need it everywhere when you want/need to buy things.

1069

Bitcoin Forum / Re: Does bitcoin control the market?

« on: December 27, 2020, 04:05:06 AM »

Quote from: Zulema on December 13, 2020, 11:50:41 AM

In my opinion, it cannot control the cryptocurrency because it as well as other human needs and must comply with the law of supply and demand every letter must rely on the market to develop.

I agree with you as Bitcoin is considered the King of all the coins and the whole market is moving on BTC movement like if the BTC price increased then all the coins are pumped up and if the price is decreasing then the whole market becomes down.

1070

Cryptocurrency Price Speculations / Bitcoin Towards Next Target

« on: December 27, 2020, 04:02:46 AM »

Bitcoin price and demand are increasing on daily basis and the next predicted target is $30,000. This prediction is announced years ago and it comes to action in 2020. ope this new Years bring some good news for crypto investors.

1071

Bitcoin Forum / Re: Is Bitcoin price still cheap to buy or we might be buying its peak?

« on: December 27, 2020, 04:00:26 AM »

Bitcoin price is never cheap except before 2010. For the time being the crypto is in demand and the most expensive coins are BTC as its price and demand are increasing on daily basis.

1072

Bitcoin Forum / Re: Theories about who is the person at the back of Bitcoin

« on: December 27, 2020, 03:58:45 AM »

Regarding Bitcoin there are a lot of Myths like A person name Satoshi Nakamoto is the man who does all that crypto stuff but this story is still not confirmed as anyone can pretend to be a Bitcoin owner and no one can be able to verify it.

1073

Cryptocurrency discussions / Re: How to Keep your Crypto Safe

« on: December 26, 2020, 05:16:19 AM »

Crypto safety is not a big issue if you secure the data related to wallet into some safe place, but nowadays hacking is very common in the digital world, and everyday hacker attacks on exchanges/platforms to hack the money.

1074

Cryptocurrency discussions / Re: Cryptocurrency and business

« on: December 26, 2020, 05:01:02 AM »

Crypto is always considered as the RED light for many business men and the main issue for this is that crypto currency has a bad image because of the illegal use and Dark Web control/use. Crypto is widely used on Dark Web as their payment system.

1075

Cryptocurrency discussions / Re: Transaction fees, explained

« on: December 26, 2020, 04:59:21 AM »

Mostly transaction fees depend on the Exchange as there are many exchanges who charge a different transaction fees for different platforms/payment systems and it also depends on the coins as BTC has always a high transaction fee.

1076

Forum related / Re: What is the future for crypto forums?

« on: December 26, 2020, 03:26:21 AM »

Well, there are different types of forums and only those for a long time who have less spam score, update on daily basis, have the legit material like, legit ICO's, Coins distribution etc.

1077

Basic questions about this forum / Re: Account Post Count Paused

« on: December 26, 2020, 03:23:27 AM »

Thanks for all the user's Replies and support. I will wait and continue my activity in the forum. Hope it will be resumed once my KYC has been confirmed by the admin.

1078

Sorting Box / Re: Is KYC really a good thing?

« on: December 25, 2020, 05:41:56 PM »

Quote from: Dr.lecter on December 25, 2020, 01:04:24 AM

For me, it is not. because of privacy. If the exchange got attack by hacker. Perhaps, all your datas will be sold on Dark market.

well, it depends on your choice. If don't do the KYC then you would probably miss many of the bounty programs and if there is someone who is after your data than he/she can hack your system instead of hacking the whole exchange.

1079

Sorting Box / Re: Will crypto collapse?

« on: December 25, 2020, 05:40:06 PM »

Quote from: Hasnain khan on December 19, 2020, 05:07:17 PM

accept that crypto will develop, perhaps not that quick as we need, but rather without a doubt it made a serious passageway on the planet and indicated additional opportunities.. So an ever increasing number of individuals will take part in this circle and build up the framework untill it doesn't fall out of control so without any problem. In the event that we take a gander at measurements, the quantity of individuals purchasing/mining crypto continually increment regardless of the market fall.

There is a time limit for any technology and technology is advancing with the passage of time. Every new minute/hour/year introduces new tech research and every new research bring new changes so there is no guarantee that the crypto world will last for a long time.

1080

Crypto Wallets / Re: Please tell me which wallet is better to use to participate in the bounty.

« on: December 25, 2020, 05:37:42 PM »

For bounty you normally need an Ether wallet and also you have to create a Binance or any secure exchange account. Many bounties have their own listed exchange but the main account you need is the ETH.

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