I think fluctuations and volatility in terms of value of digital currencies are one of the primary property that makes this innovative financial technology interesting and popular to the public. Some treat it as negative, but others just enjoy it. It would seem that the value of other altcoins are somewhat connected to the supply and demands of bitcoin in the market. Until now, the price gap is still big, but it does not mean that they are not helping the progression of the technology to become big time competitor in the future.
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BoardBitcoin Discussion
Re: Its time to move on, and ignore the BTC !!!
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Michael Thomass
on 03/08/2018, 11:15:06 UTC
I think ignoring and removing bitcoin to our life is the biggest and worst things that can we do into our life. Bitcoin can actually give us a huge of opportunities and benefits. I can't never been ignore it and remove it in my life because bitcoin means a lot for me so I will continuously supporting it and I believe it will be much successful in the future.
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BoardBitcoin Discussion
Re: Samsung has now entered the cryptocurrency world
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Michael Thomass
on 03/08/2018, 11:12:45 UTC
I think, is it worthy mining with smartphone? But this is a considerable improvement, because the smartphone industry is looking for cryptocurrency.
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BoardBitcoin Discussion
Re: Do you think that other coins move faster?
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Michael Thomass
on 03/08/2018, 11:03:49 UTC
Nothing can beat Bitcoin. There is no competitions happening here either. It is just a matter of how you invest your money. You have to think wisely. As Bitcoin is more valuable and most important kind of coin than etherium that When bitcoin rises, other coins also will follow.And the same thing when Bitcoin is fallen.
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BoardBitcoin Discussion
Re: Who is Satoshi Nakamoto?
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Michael Thomass
on 03/08/2018, 11:01:57 UTC
The fact that their names are hidden, they won't have any problem moving within a society. If Satoshi Nakamoto is a real name, I guess many will be tracking him and anyone involved to him, they could even be in danger. I think the creation of cryptocurrencies is very realistic and futuristic. He and the group behind this are geniuses and I do not have any problem of knowing them in person.
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BoardSpeculation
Re: Has Bitcoin reached its goal?
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Michael Thomass
on 03/08/2018, 10:51:28 UTC
I think not yet. Bitcoin has became popular, many people use it for different purposes but we still see some disadvantage: hacking, banned in some country .
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BoardBitcoin Discussion
Re: Why do we need to regulate digital money
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Michael Thomass
on 03/08/2018, 10:47:56 UTC
Of course, digital currencies like bitcoin and altcoin require regulations, other than because of anonymous, fluctuations in the price make crypto currency does not work by name. Currency needs a fixed and stable value. So it can be used to assess an object. The current case of crypto currency is a commodity, and not as a currency.
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BoardAltcoin Discussion
Re: Ethereum is officially dead
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Michael Thomass
on 29/07/2018, 04:06:01 UTC
Ethereum will only be dead once all the companies that uses the Ethereum blockchain for their tokens will also perish and investor confidence with the coin will wane. Then that would be the only time that Ethereum will be dead.
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BoardBitcoin Discussion
Re: Bitcoin is the world’s 6th largest currency
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Michael Thomass
on 24/07/2018, 16:30:27 UTC
I think the number 1 currency will always be USD because US dollar used by most country in the world. Bitcoin have limited supply and i think thats why bitcoin hard to be number 1 currency. But if bitcoin used as internet currency, I am believe that bitcoin can be top 5 largest currency. Bitcoin is getting more popular right now and in the future transaction using bitcoin will be increasing.
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BoardAltcoin Discussion
Re: What is the best altcoin to buy?
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Michael Thomass
on 24/07/2018, 15:52:52 UTC
I think Enigma, SONM, Golem, Status, DNT, 0x, Wagger, Exscudo, Boscoin, and MobileGO are all going to be a huge hit next year, most of these project will deliver by then a working beta platform which will drive their prices up.
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BoardAltcoin Discussion
Re: How to protect your altcoin
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Michael Thomass
on 24/07/2018, 15:37:07 UTC
Do not store all Bitcoins in one wallet or exchange. Diversify your risks. It is extremely difficult to steal money from several wallets at once, particularly when you set different email accounts and passphrases for each of them.
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BoardAltcoin Discussion
Re: What is the best altcoin to buy?
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Michael Thomass
on 21/07/2018, 15:53:45 UTC
It is obvious that ethereum and monero are going to be the only altcoins that are going to be worth it. Maybe a lot of altcoins who are on the top 30 will have a good 2018, but it is just matter of time until we can see how do their devs act against the new updates. I saw that Waves was going to be implementing a lot of things during this month, but it is very weird and i dont trust in that coin at all. Ethereum forever, and monero is one of my favourites too.
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BoardBitcoin Discussion
Re: Bitcoin and altcoin: Who will take control of the market?
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Michael Thomass
on 21/07/2018, 15:40:42 UTC
Altcoins generally are just a bigger market, but for most part, Bitcoin is the bridge between them. Generally, if you want to buy Altcoins, you have to buy Bitcoin and then use that Bitcoin to purchase the Alts. It's hard to find places to buy Altcoins directly. I believe this is what makes Bitcoin and Ethereum in particular so large in terms of all of the other Altcoins. As long as the system of having to purchase Altcoins using Bitcoin/ETH exists, it is very unlikely that the Altcoins will surpass Bitcoin, as there will be people putting as much money into BTC as they do Alts.
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BoardArchival
Re: What you will do with your altcoins?
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Michael Thomass
on 21/07/2018, 15:28:54 UTC
I usually sell the coin that have a dropping price to ETH, not to fiat. With my ETH, i will contribute to the ICO projects. Investing in ICO is risky but the return usually very promising in the future, you must do your own research before it.One of the ICO i participate to support is EOT ICO. EOT is a blockchain game network, very interesting concept in crypto.