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Showing 20 of 145 results by Dhruvv1
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Board Altcoin Discussion
Re: Can any other crypto replace bitcoin?
by
Dhruvv1
on 17/08/2018, 16:23:57 UTC
Many market experts suggest holding stocks for the long term. The Standard & Poor's (S&P) 500 Index has experienced losses in 10 of the 40 years from 1975 to 2015, making stock market returns quite volatile in shorter time frames. However, investors have historically experienced a much higher rate of success over the longer term.

In an ultra-low interest rate environment, investors may be tempted to dabble in stocks to boost short-term returns, but it makes more sense to hold on to stocks for the long term
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Board Altcoin Discussion
Re: Can any other crypto replace bitcoin?
by
Dhruvv1
on 16/08/2018, 16:44:34 UTC
Bitcoin is not the “Yahoo” before a “Google” of Cryptocurrency. If we must make an analogy to compare digital assets, it is more accurate to say that Bitcoin is like gold, and altcoins are like platinum, oil, or silver. They are digital assets, not companies, and they are each valuable for different reasons (most of the altcoins are valuable for speculative reasons alone). Bitcoin may not remain the most valuable cryptocurrency, but I can’t see a path where Bitcoin is abandoned entirely. Bitcoin is in Space. There are satellites broadcasting the network to a majority of the world at the moment. This means that anyone with a satellite dish and a computer can participate in Bitcoin. It no longer relies on the internet functioning to work.
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Board Altcoin Discussion
Re: Shopping using crypto?
by
Dhruvv1
on 16/08/2018, 16:16:51 UTC
Got bitcoins to spend? Quite a few big sites have already begun to integrate payment options for Bitcoin and you can purchase everything from VPN services to pizza or home goods.  So, you're in luck if you've been holding onto your bitcoin for a while either privately or in an exchange such as Coinbase and feel ready to use them to make a purchase.
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Topic
Board Altcoin Discussion
Re: Best competitors to Ethereum?
by
Dhruvv1
on 15/08/2018, 19:40:22 UTC
Competitors are other smart contract blockchains: nem, nxt, waves, lisk and plenty of new ones coming. But Ethereum is well positioned as the undisputed leader so competitors will mostly die off or be left in irrelevance
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Topic
Board Speculation
Re: Is Bitcoin a bubble?
by
Dhruvv1
on 14/08/2018, 17:02:50 UTC
Bitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority. It’s sole purpose is to become a new payment system on its own.

Over the past 12 months, the price of a Bitcoin has surged tremendously. Back in January 2017, the price of 1 BTC was about $700 — roughly the cost of a flagship iPhone. Come December 2017, it almost scaled up to $18,000 — the cost of 18 iPhone Xs. And you would be surprised to know that the price was just around $2500 in August 2017
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Board Bitcoin Discussion
Re: Future payment methods of bitcoin and crypto
by
Dhruvv1
on 14/08/2018, 16:37:42 UTC
Bitcoin has been around for almost a decade now and is rapidly becoming a recognized payment method worldwide. There are loads of different places that will accept payments in Bitcoin. These range from peer-to-peer markets right through to established retailers. There are even companies that allow you to buy gift cards with cryptocurrency that can then be exchanged for goods at online shops that don’t currently accept Bitcoin. The list of things that one can buy with BTC is getting bigger every day. Not bad for an experiment in decentralization and cryptography that completely opposes the status quo of global finance!
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Topic
Board Altcoin Discussion
Re: How safe is our money in crypto?
by
Dhruvv1
on 13/08/2018, 16:50:12 UTC
Crypto is a brand new monetary market. It doesn't even come close to the depth of stocks or gold around the world, but it has the potential to eclipse both.

By default anything which can give you a very high return in a very short span of time will be very risky, because risk and returns are always inversely proportional. Cryptocurrencies are a high risk high return game. So I would suggest you to invest the amount you can afford to lose.
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Board Altcoin Discussion
Re: About the benefits of cryptocurrencies
by
Dhruvv1
on 13/08/2018, 16:47:02 UTC
A cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography. Cryptocurrency made the leap from being an academic concept to (virtual) reality with the creation of Bitcoin in 2009. While Bitcoin attracted a growing following in subsequent years, it captured significant investor and media attention in April 2013 when it peaked at a record $266 per bitcoin after surging 10-fold in the preceding two months. Bitcoin sported a market value of over $2 billion at its peak, but a 50% plunge shortly thereafter sparked a raging debate about the future of cryptocurrencies in general and Bitcoin in particular. So, will these alternative currencies eventually supplant conventional currencies and become as ubiquitous as dollars and euros someday? Or are cryptocurrencies a passing fad that will flame out before long? The answer lies with Bitcoin
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Board Altcoin Discussion
Re: How is Bitcoin Current ???
by
Dhruvv1
on 12/08/2018, 17:35:16 UTC
Will Bitcoin rise this year? Will it fall this year? Who knows? What is the Bitcoin price prediction? Even though Bitcoin and its technology are very useful and are changing the world, anybody that claims to ‘know’ whether the price of Bitcoin will rise or fall is a liar. I strongly believe that blockchain technology and cryptocurrencies are the future. This is why I believe the price of Bitcoin will increase this year. This is what I believe, but I can never know.
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Topic
Board Altcoin Discussion
Re: What is the mission of crypto?
by
Dhruvv1
on 12/08/2018, 17:20:22 UTC
The mission of crypto currencies are like- to increase the security, stop money laundering, money trafficking as well as money fraud, foulness as well tampering. ... Cryptocurrencies are computer applications, created to send digital assets anywhere in the world.
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Board Altcoin Discussion
Re: Bill gates says cryptocurrency is bad
by
Dhruvv1
on 12/08/2018, 16:40:28 UTC
Bill Gates explained that he thinks cryptocurrency is really bad because it aids and abets people who want to keep their financial transactions hidden from the government.
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Topic
Board Altcoin Discussion
Re: Does Altcoin price depend on BTC or ETH??
by
Dhruvv1
on 12/08/2018, 16:38:03 UTC
Simple math, ALT/BTC ratio would decrease if:
- ALT coin’s value drops (i.e. people are selling the ALT coin or trading it for BTC or other ALT coins).
and/or
- BTC value increases (i.e., more demand for BTC from various accounts including USD and ALT coin conversion)

Similarly, ALT/BTC ratio would increase if:
- ALT coin’s value increases (i.e. people are buying an ALT coin by trading BTC or other ALT coins).
and/or
- BTC value decreases (i.e., BTC is cashed out for USD or other currency or traded for ALT coins)
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Board Altcoin Discussion
Re: Coins under $1
by
Dhruvv1
on 11/08/2018, 17:08:06 UTC
5 best coins under $1

1 - Substratum (SUB)
2-Verge (XVG)
3-Cindicator (CND)
4-Status (SNT)
5-Cardano (ADA)
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Board Altcoin Discussion
Re: Bitcoin vs Bitcoin Cash
by
Dhruvv1
on 11/08/2018, 16:59:11 UTC
Bitcoin Cash is the result of a bitcoin fork. It is extremely similar in many ways to bitcoin, but Bitcoin Cash has a few technical differences that make a big impact.

One difference, which has many significant follow-on effects, is the difference in block size. Bitcoin has a 1MB block size, while Bitcoin Cash has an 8MB block size.
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Topic
Board Altcoin Discussion
Re: Is product important for a project?
by
Dhruvv1
on 11/08/2018, 16:56:35 UTC
Yes, product of a project is important. Products and teams are the focus and soul of a project. If their product is useful, be of interest and trust. Their ICO project will be successful.
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Topic
Board Altcoin Discussion
Re: EOS or ETH, which one is preferable??
by
Dhruvv1
on 11/08/2018, 16:52:50 UTC
EOS sacrifices Decentralisation to increase capacity and speed over Ethereum. Only a limited number of nodes participate in the mining process. Hence the latency is limited and the Blocks are synchronised quickly. The nodes are selected by the process of voting. (DPoS - Delegated Proof of Stake).

Ethereum is currently using Proof of Work method and soon planning to move towards full Proof of Stake. Ethereum Network will continue to be decentralised and there will be no limitation to the number of nodes that can participate in the confirmation process.
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Board Altcoin Discussion
Re: where to sell tokens?
by
Dhruvv1
on 10/08/2018, 17:52:56 UTC
If this is the case, you should trade your tokens for BTC or ETH and then transfer them to Coinbase. Here, you can sell your coins for USD and then transfer the balance to your bank. Strategic Coin is your go-to source for cryptocurrency investment research and education.
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Board Altcoin Discussion
Re: Why is the price of bitcoin so high
by
Dhruvv1
on 10/08/2018, 17:52:05 UTC
Supply of Bitcoin is limited to 21 million and yet all bitcoins have not been issued in the market which surges it's price. Apply the logic of price of a Diamond here. We know that supply of diamond is controlled by the mining and mainframe diamond trading companies which makes it precious. Further, now when the prices have surged so much. Demand is increasing everyday. Thus, demand and supply mechanism is working effectively
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Board Altcoin Discussion
Re: Waves Vs. Ethereum
by
Dhruvv1
on 10/08/2018, 17:40:24 UTC
Waves and Ethereum are not really in entirely the same space. Ethereum is targetting ICO's offering technical and bespoke services whereas Waves is primarlily targeting the mainstream.
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Topic
Board Speculation (Altcoins)
Re: Should buy and hold NEO?
by
Dhruvv1
on 09/08/2018, 17:07:25 UTC
Neo is definitely a good coin to look into for long-term investors. Even though buying neo at an all-time high might not be the best investment advice a prospective investor should rather study the chart and try to look for a good entry point