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Showing 20 of 68 results by cryptoindustries
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Topic
Board Bitcoin Discussion
Re: Are you surprise by bitcoin price now?
by
cryptoindustries
on 10/01/2018, 16:11:42 UTC
yes because the first time i buy bitcoin is only for the purpose of me buying some electronic load and game credits to provide my needs I did't know it will reach this much its so pricey but others said its still the beginning and price might go even furthers that when i started studying the market and joining some ico hoping it can also be a success like what bitcoin had gone through
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Topic
Board Economics
Re: What will happen to the banks if people uses cryptocurrencies more than fiat?
by
cryptoindustries
on 05/01/2018, 21:11:46 UTC
this can happen in the far future because as of now still business are really depending on banks to process their transactions its the most suited technology to provide for small and medium enterprise and business but later on this could really alarm the banks because with the rise of bitcoin to the market people might now get or convert to fiat because and this will really affect them the banks because they will lessen its users at first and second it your family if your switch to crypto you can earn whill doing something
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Topic
Board Economics
Re: how can bitcoin help the community?
by
cryptoindustries
on 05/01/2018, 20:59:47 UTC
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

lets give an situation where it can serve as an example how bitcoin can move people first lets say with bitcoin cash transfer from far place can be made much faster right now and much cheaper with bitcoin and with block chain technology third world countries can benefit from it a lot because farming poultry and fishing is very common here in 3rd world country in simple sense its about labor integrating that to the block chain will make the work require less energy and such records can be with the block chain at the convenience of its seller and buyer.
Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
cryptoindustries
on 05/01/2018, 20:49:31 UTC
we will go there someday when they cannot control the wants of the people some of the countries that had banned bitcoin will eventually lift it because of the demand of its citizens soon to enter in the blockchain then there will goes the mainstream where everybody is being familiar with bitcoins and its technology the blockchain it would move us to greater heights because of some improvements we have done with satoshi's technology
Post
Topic
Board Speculation (Altcoins)
Re: Which cryptocurrency is best to buy today?
by
cryptoindustries
on 05/01/2018, 20:41:10 UTC
even though bitcoin is far expensive against alt i will still buy it because its the most powerful as of now but if you ask me what alts is best to buy now for long term I will go for ADA cardano its cheap yet its commitments in github are far more than other coins plus its coding is very intriguing its more advance coin i have ever seen its like an eth and nem killer said by my friend.
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Topic
Board Economics
Re: Best tip on saving money
by
cryptoindustries
on 05/01/2018, 20:17:45 UTC
the best tip is to plan ahead then slowly do it small task are easy yet what important is the practice when you done the first part of saving which is having the discipline in doing those small saving having big saving will be just hard at first but you will get used to it faster than what you expected because you already train your mind to build a savings you already have a goal.
Post
Topic
Board Economics
Re: When to buy and sell bitcoin
by
cryptoindustries
on 05/01/2018, 19:15:42 UTC
first you must be familiarize with such indicators and patterns to be guided in the future price of the market because history can happen again and if you have recorded or remember it can happen again this patterns shows when to buy when the market is low and when to sell when the market is high and begins to drop it can assist you in your trading and if you hone such skill and master it buying and selling will not be a big problem for you
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Topic
Board Bitcoin Discussion
Re: How long bitcoin will survive ?
by
cryptoindustries
on 05/01/2018, 18:53:01 UTC
bitcoin can survive when there are still users of it in the market and no one know when will it stop or die as long as there is internet to connect its users transaction via blockchain it will live and the process will continue to improve as its developers see room for its improvements bitcoin will be known to majority of us and it will prosper to different industries around the world
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Topic
Board Speculation (Altcoins)
Re: should i buy ripple?
by
cryptoindustries
on 05/01/2018, 14:14:44 UTC
ripple is a good coin to invest because its in the top ten list in the crypto so we can say its a blue chips where your investment is safe but its an entirely different crypto currency because it is supported and controlled by banks its centralized it have a strong backing but now ripple is so high and already pumped so if you invest now you can be its bagholders for months when its price retraced back
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Topic
Board Bitcoin Discussion
Re: Ate you going to spend or save you bitcoin?
by
cryptoindustries
on 05/01/2018, 13:44:18 UTC
Not all my bitcoins I will save 50% of my bitcoins for the future who knows bitcoin price might really reach so high it can be hundred of thousands of dollars or even millions but I will slowly withdraw some to satisfy my needs and to give something for my family so they can live in comfort a work life balance is really needed for you to have a successful savings.
Post
Topic
Board Speculation (Altcoins)
Re: Do you see alts have chances against Bitcoins?
by
cryptoindustries
on 05/01/2018, 13:22:12 UTC
yes because simply alts is the improved version of bitcoin but they have a long long way to go before they took over bitcoins market cap even ethereum its closest contender is having a hardtime catching to the king of crypto in such main reasons like bitcoin is the first one to be introduce to the market that when you say altcoins to the public you will have hardly encourage them unless they have some background in the blockchain and cryptocurrencies
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Topic
Board Economics
Re: Where do you spend your money from Bitcoin?
by
cryptoindustries
on 23/12/2017, 19:49:14 UTC
in the early years of bitcoin there is not much commodities that is offered in the market that accepts bitcoin payment so I used it in the early years as game credits and electronic load which can be found in the internet merchants who also want bitcoin and believes from its potential to deliver them fortune in the crypto currency market but now you can buy coffee, grocery, pay bills and even in the wet market you can buy chicken with bitcoin soon it can be used to purchase real estate and some properties..
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Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
cryptoindustries
on 23/12/2017, 19:38:00 UTC
Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?

fiat is based on bitcoin so I expect that the traditional mindset of people is to get more gold because a strong country has more gold in their vault but now that bitcoin surpass the price of gold its drawing a lot of attention not only to the investors but also to the masses who only want to earn some money to provide something for their daily need so its for you to decide which market would deliver you higher returns in this case is obviously bitcoins so people are investing to it its the main stream now!..
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Topic
Board Economics
Re: Bitcoin is Falling...Is it Panic Time?
by
cryptoindustries
on 23/12/2017, 19:15:14 UTC
this happens every time in fact every year major fall of the bitcoin's price happened and every year FUDs like this are beginning to multiply to fight the price and popularity of bitcoin to the people and the market, right this december we can expect people will spend a lot of money in preparations in the holidays so also expect that money will outflow from the market and prices will downpour but not for too long because people also have money in this time of the year and want to invest it for the years to come for capital appreciation..
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Topic
Board Economics
Re: Bitcoin as a Christmas gift
by
cryptoindustries
on 23/12/2017, 18:55:44 UTC
Bitcoin breaking it’s high-price again and again, multiple purposes rather than payment system and future investment.
All this make bitcoin a perfect gift for your love, wife, and family.

1.  your gift for Christmas will be a bitcoin?.
2. your ways to gift bitcoins "Hardware wallet, bitcoin gifts, paper wallet, Physical Coins, Donate"?.


I think this is a nice idea because gifting an investment is really the best choice where the receiver can benefit and his or her gift value can still appreciate over time he/she just only need to do is to understand the amazing yet simple technology of the blockchain so the gift can be used or hold to appraise its value over the time he/she wants to.. this can be done in the future by the stores and trading platforms..
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Topic
Board Bitcoin Discussion
Re: Great Potential of Bitcoin -In a simple graphic
by
cryptoindustries
on 23/12/2017, 17:15:58 UTC
The great potential ahead for bitcoin and crypto currencies.
Never underestimate adoption of powerful movements in the internet age.
Simple Info graphic below, says it all !



YES! many underestimate the potential what bitcoin and the blockchain technology can offer to the public for our technological advancement where things can be made fast reliably safe and efficient, imagine where in the future we are just working all in the blockchain and having free time for our family and our dreams on what we want to do in life because work can be so fast and easy..
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Topic
Board Bitcoin Discussion
Re: Bitcoin can be hacked?
by
cryptoindustries
on 23/12/2017, 17:04:52 UTC
actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion. Sad Sad Sad Sad Sad Sad

Nothing is impossible but hacking bitcoin is like hacking the whole world attacking all the nodes means attach all the users so right now its really close to impossible to do that but i think i can happen in the far future when super computers can performed exponentially fast to the computers right now without relying to its users well it can be when its AI who have been instructed to do a multiple task at the same time..
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Topic
Board Speculation
Re: Bitcoin price will be over $20k again next week or in 2018?
by
cryptoindustries
on 23/12/2017, 16:52:40 UTC
I believe that. What do you think guys. Should I buy more BTC now and catch the the wave of price up?

I also believe that bitcoin will reach this amount of dollars not only this but beyond even one million dollar in the far future it can be achievable but the journey will become tough each year many will try to overtake bitcoin and a lot of FUDs will scare the hell out of every investors now that big players are entering the market to play expect a more volatile market in 2018 and the years to come..
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Topic
Board Economics
Re: Crypto is an Asset or Currency?
by
cryptoindustries
on 15/12/2017, 22:25:23 UTC
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?

What is your opinion?

bitcoin is really made to serve us with its currency function or as a medium of exchange for the people so they can have a more secure and fast option of payments where it can be integrated to technology and to the advancement of out financial system it only being made as asset because of its fast and high capital appreciation so its a safe haven for your assets
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Topic
Board Economics
Re: Can Bitcoin also lead to corruption ?
by
cryptoindustries
on 15/12/2017, 22:07:55 UTC
There is a strong chance about this matter because anonymity is also a strong point of crypto currency and some altcoins are untraceable so they can take advantage of the current technology to their dark schemes to do their bad deeds like corruptions and other things related to abusing the blockchain technology, no matter how good bitcoin is its the matter of how are you gonna use it and your intentions..