i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
Hi, I think tt is a quite obvious, that BITCOIN has a bad reputation. The decentralised digital cryptocurrency, powered by a vast computer network, is notorious for the wild fluctuations in its value, the zeal of its supporters and its degenerate uses, such as extortion, buying drugs and hiring hitmen in the online bazaars of the dark net. This is unfair. The value of a bitcoin has been pretty stable, at around $250, for most of this year. Among regulators and financial institutions, scepticism has given way to enthusiasm (the European Union recently recognised it as a currency). But most unfair of all is that bitcoins shady image causes people to overlook the extraordinary potential of the blockchain, the technology that underpins it.
Evryone known what xrp in the last year ( something like 30000% ). The ripple project is workin' like future bank. In Your opinion is possibile for Ripple become the new global currency for the world?
Hi, Hi, keep in mind that Ripple will be used for payment PROCESSING. However, Visa will not be the only provider that would use Ripple, it would be major financial institutions like Goldman Sachs or JP Morgan and other.Since Ripple is a Digital Currency/Virtual Currencies, financial institutions and especially Assets Under Management institutions can add it as an Asset Diversification strategy in their client Portfolios. So I can predict that Ripple become the new global currency for the world.
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BoardBounties (Altcoins)
Re: ⚡️💥✅[BOUNTY] PeerAtlas : Make Medical Information Free ⚡️💥✅
I made some mistake in trading and i lose nearly 50% from capital, and from that mistake i will learn more what is wrong with my strategies. Big loss make me have chalenge to recover it by make better diversify risk. Now i will more focus trading on pair USDT so when any bad news and all crypto down i can move as soon as possible my money in to USDT. Greedy also was make me lose in big number, by dont over trading possible i can manage that my emotion.
Hi, diversification within cryptocurrency investing is more nuanced than equities or bonds because, for now, there are significant unknowns. One of the key unknowns is which token models will actually accrue value and appreciate in price over the longer-term. Outside of value accrual, there is significant uncertainty surrounding the nature of risks taken and how they might differ between coins.
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BoardAltcoin Discussion
Re: What are the benefits of Crypto Currency?
by
Smeilz2017
on 28/04/2018, 08:56:01 UTC
hi, to my mind, the main advantage of cryptocurrency is that the blockchain provides a Smart Contracts. You can use the Sether platform to run your campaign, organize tasks and make the payments through Smart Contracts. Its straight necessary for conducting multi-layered projects in a safe and transparent manner for everyone involved. By providing a budget, tasks and a timeline, all the payments become traceable, and all the recipients receive their money automatically upon the completion of their task. The smart contract budget pool also stands as a guarantee that you are able to pay the amount owed towards the provider, while ensuring you also get your end of the deal.
Based on what it has been seen among the wide array of altcoins such as development, innovation, and security issues, what altcoins might survive in the future?
In my opinion, I think that the only ones prone to survive would be good old altcoins such as Litecoin and Dogecoin, but I may be wrong.
Nevertheless, I would like to know your opinion about this as well as any altcoin that might be worth holding onto for the long term.
I think only stable coins will survive in the future. Stablecoins are the basis of financial instruments for hedging and derivatives that will be necessary for this wild-west industry to cross the chasm to safe and more easily used financial products. Maker DAO, VariabL, and Basecoin are attempting this from the startup eco-system, but I think this is a great space for an enterprise banking incumbent to provide value, liquidity, and validity to the digital asset ecosystem.
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BoardAltcoin Discussion
Re: Ethereum SCAM?
by
Smeilz2017
on 26/04/2018, 07:01:50 UTC
Hi, how it could be a scam if, Ethereum already has a thriving developer community. Ethereum will continue to be the largest blockchain developer ecosystem in 2018 by many multiples.The ecosystems with the most developers typically win.
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BoardAltcoin Discussion
Re: What encourages you to invest in any altcoin?
by
Smeilz2017
on 23/04/2018, 08:23:35 UTC
Actually, I`ve got my own life experience on the crypto investment .I would like to say, that cryptocurrencies offer a free, seamless entry point to the financial ecosystem for the unbanked and can do it in a massively scalable, secure way. Cryptocurrencies offer the potential to reshape our society in a way that has previously not been possible.
Why invest in altcoin when you can invest in real estate, stock market?
Cryptocurrencies are creating new money. The more people who can participate, the more efficient and valuable the network becomes. Networks have network effects. Adding a new participant increases the value of the network for all existing participants.Blockchains open and merit based markets can replace networks previously run by corporations.
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BoardAltcoin Discussion
Re: 5 Reasons To Buy Ripple (XRP) Today Before The Price Rises
by
Smeilz2017
on 23/04/2018, 06:59:41 UTC
Hi, Ripple started 2017 at $0.006 and its now being traded at around $3.10. Can you imagine this? This suggests a return of more than 50,000%. For comparison, Bitcoin has grown about 1400% in 2017. So, if Ripple could jump by over 500 times in one year, its very likely that its price can triple.
Hi, from my point of view, the main point that all seemingly smart or succesful people make is this: Diversify your investment into multiple assets. Moderately Hodl; dont let your anxiety get the best of you. Be sure to pick a strategy and try to stick to it as best you can, only letting really important news updates or substantial changes to your insights in the market change how you divide your investments.Weve learnt a lot this year about the market and about how investor emotions will cause it to go up and down (if you are new to the market anyway). And we have learned about new projects that are changing industries that we use every day, like contracts and mobile payment services.
Hi, everybody that is interested in investing and earning money from cryptocurrencies, including Bitcoin, speculate the different reasons for the price drops.All of these factors and several others contribute to the price plunge. For now, there is no reason to believe that the cryptocurrencies wont recover soon, in some measure at least.
I was trying to invest around 5K in Etherium. The price at the moment is around 1.2K and as it looks it is still growing. You think is it a good time to invest ?
I think it`s a best solution to utilize a buy and flip strategy, It`s a good time to invest in ETH. I expect it grows in the short to medium term. These strategy should allow you to realize gains almost immediately.
crypto is green again, do you thing is good time buy now .
hi,you mightve heard of technical analysis, or similar terms to describe the same process including risk/rewards analysis. Technical analysis (TA) is a trading strategy that has been traditional used in stock market trading for high-frequency traders, hedge funds, brokers, and individually; basically, lots of people use TA to study pricing patterns and try to make predictions. Technical analysis is especially powerful in cryptocurrency markets. I would strongly advice to use it.
I think governments will be involved more in cryptos in 2018, more regulation maybe?
They will put themselves involve to crypto since it has high value and very profitable. It's either they will regulate or buy or will start their own crypto which will mostly going to fail.
The problem with all of the plans before now, is that to redistribute the money after its already been distributed is nearly impossible. The people with that money rightfully resist its redistribution. Thats the missed opportunity of all of todays cryptocurrencies. Cryptocurrencies are creating new money. And unlike credit markets, which only pretend to expand the money supply, by lending it out 10x with fractional reserve lending, cryptocurrencies are literally printing money. And they arent loaning it to people, theyre giving it to them for their service to the network.
What do you think is future of ICOs? Where do you see this in next 5 years?
I think, Crypto will exploding. There is no doubt that the popularity of ICOs, either as a funding vehicle for startups or investment vehicle for cryptocurrency traders, will led to the extremely diversified ICO market.