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Showing 20 of 85 results by AutoBlockX
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Topic
Board Trading Discussion
Re: are you now afraid to save bitcoin until December 2018
by
AutoBlockX
on 21/12/2018, 11:56:47 UTC
Fluctuations are a norm in the cryptocurrency and Bitcoin market. While the market is down right now, it can go up any time during the first quarter of next year. This is a very good time to invest in Bitcoin because the price is currently very low.
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Board Bitcoin Discussion
Re: HOW CAN BITCOIN BE ACCEPTED TO BE USED AS A PAYMENT METHOD GLOBALLY?
by
AutoBlockX
on 20/12/2018, 12:47:58 UTC
I think it will still take a long time for Bitcoin to be a part of the mainstream buying and selling process. The entire world first has to accept Bitcoin as  transaction unit before anything like this can be possible
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Board Bitcoin Discussion
Re: How do you promote Bitcoin?
by
AutoBlockX
on 19/12/2018, 11:58:12 UTC
I don't think you can really promote Bitcoin unless the person in front of you really cares about crypto and blockchain technology. However, if your friends seem interested then nothing works better than word-of-mouth and reading up.
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Board Bitcoin Discussion
Re: Bitcoin is less stable than some ALTs !
by
AutoBlockX
on 18/12/2018, 12:11:49 UTC
While most coins experience a dip when Bitcoin crashes or goes down, there are a few altcoins that showcase an upward trend. These cases are rare but not non-existence
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Board Bitcoin Discussion
Re: Bitcoin Mining vs Buying
by
AutoBlockX
on 17/12/2018, 11:56:30 UTC
In most cases, Bitcoin mining is more profitable than buying. However, because the rate and value of the coin is exceptionally low at this point.This is why it is recommended that you buy Bitcoin instead of spending time in mining it.
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Board Bitcoin Discussion
Re: Who wants to use Bitcoin?
by
AutoBlockX
on 14/12/2018, 13:18:56 UTC
This cartoon may be on to something because while people are interested in investing in Bitcoin and cryptocurrency. No one seems to be too fond of actually using it. Moreover, even if some people may want to to, it's not really possible to buy bread and eggs with Bitcoin because it still not a part of the mainstream system.
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Board Bitcoin Discussion
Re: Will other countries take advantage of China's ban on ICOs?
by
AutoBlockX
on 13/12/2018, 12:35:36 UTC
I don't think so. China's ban on ICOs has nothing to do with the rest of the world because people are already exploring these options outside the country. Hundreds and thousands of ICOs are introduced every day and people are investing right, left, and center.
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Board Altcoin Discussion
Re: when cryptocurrencies can be used to buy basic needs?
by
AutoBlockX
on 12/12/2018, 12:00:56 UTC
Cryptocurrencies are already being used in the real world for basic necessities. The AutoBlock's AutoCoin helps you in buying luxury cars using coins and this altcurrency has a lot more to offer too. So while you can't really buy eggs, butter, and bread with crypto right now, it won't take much time for it to be implemented properly.
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Topic
Board Speculation (Altcoins)
Re: Crypto market in depression
by
AutoBlockX
on 11/12/2018, 12:21:53 UTC
Yes, it is true that the crypto and especially Bitcoin market is in depression. But that doesn't mean that it won't get back again. Though it will take some time, we can expect to see some positive changes by the end of 2018 and begining of 2019.
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Board Altcoin Discussion
Re: How can I stop thinking about Cryptocurrency so much
by
AutoBlockX
on 10/12/2018, 12:28:39 UTC
Investing in Bitcoin or any other cryptocurrency is a long-time deal that you shouldn’t think a lot about. Though you have to keep yourself updated about the latest happenings, you shouldn’t think about taking out your investment simply because things are looking a little down. Because the Bitcoin industry is a little unstable at the time, reservations are understandable, but you should definitely hold on and try not to check rates every single day or even every once a week.
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Board Bitcoin Discussion
Re: Satoshi is Back, suggests Fortune
by
AutoBlockX
on 07/12/2018, 11:53:36 UTC
Even if the creator of the Bitcoin – Satoshi Nakamoto does return, I don’t think it’s going to affect the rate of the cryptocurrency. While the market is expected to grow and stabilize within the next couple of months, it’s probably not a lot to do with the developer. Moreover, I think this news is fake because why would the maker or makers return after such a long time?
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Board Bitcoin Discussion
Re: Whose advice you take when it comes to Bitcoin?
by
AutoBlockX
on 06/12/2018, 12:11:46 UTC
The crypto market is growing at an exponential rate. New coins are rising above ground almost every day. In such a scenario, it is imperative that you check the top sources and then make a decision. Making such investments on a whim would be a mistake. So yes, I do think it is important to check your most trusted sources before you invest.
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Board Altcoin Discussion
Re: Crypto currency: A Personal Race
by
AutoBlockX
on 05/12/2018, 12:07:55 UTC
Cryptocurrency is a growing market. Though it is currently unstable, the possibility of it making a promising future are still present. Though it’s not a personal race, I would agree that there’s a lot of competition. Yes, trading a coin is challenging especially when you’re not aware of the consequences but that’s true with everything rewarding in the world, right?
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Board Bitcoin Discussion
Re: Blockchain survive, cryptos die
by
AutoBlockX
on 04/12/2018, 11:22:58 UTC
While it is true that cryptocurrency depends on blockchain technology, you cannot say the crypto will be completely wiped off. If you’ve been associated with the crypto industry for long, you have to understand and know that the rise and fall are a part of the process. Though the system looks unstable right now, crypto will come back up because awareness about digital currency is increasing. So, you can expect both crypto and blockchain to do well in future.
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Board Speculation (Altcoins)
Re: ICOs: The Cancer of the Digital Currency Industry
by
AutoBlockX
on 30/11/2018, 12:05:09 UTC
I don’t think it’s fair to say that ICOs are the cancer of digital currency. The truth is that without these ICOs and new altcoins like the AutoCoin, the digital currency would be useless. ICOs are crucial because they give investors that chance to explore new currencies and invest in ones, they find promising. Just because a couple of ICOs are fake doesn’t necessarily mean that they’re all useless. You can’t judge all by the characteristics of one.
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Board Bitcoin Discussion
Re: Blockchain tech is being used for bad purpose more, rather than good
by
AutoBlockX
on 29/11/2018, 12:57:16 UTC
Any technology that enters the market has both good and bad outcomes. The internet for starters is used for business, information, and a range of other things, but the dark web is also used for criminal activities. The reason why governments aren’t making blockchain and crypto legal is because they are decentralized. And this means that no one will have control over the system. As a result, the government will lose its power over assets.
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Board Bitcoin Discussion
Re: Why most people believe bitcoin to be worthless?
by
AutoBlockX
on 27/11/2018, 13:37:41 UTC
The Bitcoin is falling drastically. While fluctuations are considered a norm in the crypto market, the way it has reduced in the last couple of weeks has made investors think about their investments. However, I think it would be a little too exaggerating to say that it is worthless because while its value has depreciated, it still has a lot of potential.
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Board Altcoin Discussion
Re: Best competitors to Ethereum?
by
AutoBlockX
on 23/11/2018, 13:50:39 UTC
Ethereum is a tough cookie to break. I don’t think anyone but NEO and ICON can come even close to the point where Ethereum has managed to reach. However, it is still too soon to say anything since the competition is still tough and it will take time to see who comes to the top and who goes down.
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Board Altcoin Discussion
Re: Do you still believe and invest in ICOs? Why?
by
AutoBlockX
on 23/11/2018, 13:02:35 UTC
There are a lot of promising ICOs out there but it is true that you will be risking your investment if you do it without prior research. One of the ICOs you can invest in which will without a doubt give you positive and fruitful return is the AutoCoin. As the first crypto coin of the automotive industry, it has a lot of future potential.
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Board Altcoin Discussion
Re: Number of altcoins keep increasing!
by
AutoBlockX
on 23/11/2018, 12:55:21 UTC
The number of altcoins in the market is increasing because more and more people are becoming aware of the fruitfulness of the crypto market. While there are reliable coins such as the AutoBlock’s AutoCoin, there are a range of others that aren’t to be trusted. Also, even though the number is increasing, investors are aware that not every altcoin is worth their time, effort, and money. This is why only the best ones really stay in the market while the rest are left with no option than to exit the market.