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Showing 9 of 9 results by investor007
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Board Bitcoin Discussion
Re: Building a community solving all problems.
by
investor007
on 07/11/2019, 18:08:38 UTC
Your idea is great, you can organize a large-scale market that meets the food needs of communities and while generating multiple benefits, all this with the use of Blockchain technology, however, create the platform, get the information and having the right inputs requires money and very large logistics, although it can be started with a small pilot project.
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Topic
Board Bitcoin Discussion
Re: 3 Things You like To learn
by
investor007
on 07/11/2019, 17:38:52 UTC
I want to see clear strategies that help mass adoption and where people can obtain benefits in their countries in a simple way, even if they have no experience in the world of cryptocurrencies.
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Board Bitcoin Discussion
Re: Bitcoin is Like An Orphan
by
investor007
on 07/11/2019, 17:22:44 UTC
Cryptocurrency giving campaigns are made precisely to increase the number of users, expectations and give movement to a certain project, I consider that allocating a certain percentage to a promotional Airdrop is good, but you cannot fall into excess, because when a resource is For free, people tend not to value it and the truth is that projects need capital for innovations and improvements, therefore, a good strategy is for people to adopt them for practical benefits or to create business networks.
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Board Bitcoin Discussion
Re: 3 Concerns You Have For Bitcoin
by
investor007
on 07/11/2019, 17:06:35 UTC
The three things that concern me about Bitcoin are the following:

1. The problem of scalability, it is necessary to evaluate the effectiveness of exchanges for millions of daily transactions, especially in the case that a practical and massive use is achieved.

2. Security from the point of view of hash control by Chinese mining, although it is very unlikely, there is a small possibility that somehow the security will be altered.

3. A potential fall of Bitcoin because another Altcoin had a very strong impact on the ecosystem and attracted the attention of millions of people, displacing Bitcoin and relegating it to a low position.
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Board Bitcoin Discussion
Re: China Will not Ban Bitcoin Mining!
by
investor007
on 07/11/2019, 03:45:40 UTC
This news is excellent for the ecosystem, it was something that was already coming, because China has dominion over Bitcoin and the government has realized that allowing its mining and later its use, benefits will be obtained, I believe that the price of BTC is going To raise considerably like the rest of cryptocurrencies, we all expect a year 2020 with a lot of growth.
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Board Bitcoin Discussion
Re: BTC, why do some people just get it, others really don't?
by
investor007
on 26/10/2019, 02:55:45 UTC
I think that changes always generate resistance, when paper money was invented in China, people could not understand it and opposed it, how to exchange their gold for a piece of paper? The same goes for cryptocurrencies, for many people it is difficult to conceive money in that way and that is why they criticize it.

On the other hand, there are scams that have tarnished the image of crypto, then the resistance of some sectors that believe that cryptocurrencies are taking away their power, and so on. For all these reasons some sector of society does not end up accepting cryptocurrencies and criticize them, but progress is being made towards mass adoption, that is for sure.
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Board Bitcoin Discussion
Re: Would you waste your time for 5 cents worth of bitcoin?
by
investor007
on 26/10/2019, 02:36:04 UTC
It is an interesting question, it all depends on the type of occupations of the person, in my case, I have too many relevant activities to add a new task to my agenda for only 5 cents, even if it only takes 1 minute, the problem for me is to lose the focus of my goals, even for a short time.

There are thousands of people who love this type of activities, they are always looking for how to earn some money, even if it is little, but surely, then you will not have problems in finding people who do this work, just like with the surveys, the work is Tedious and the minimum payment.
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Board Bitcoin Discussion
Re: Bitcoin vs Traditional Payment Processors
by
investor007
on 26/10/2019, 02:23:34 UTC
Every day we observe that more people use Bitcoin and other cryptocurrencies in a decentralized way, for example, to send money from one country to another, however, the percentage of users is minimal, because there is still not enough infrastructure to meet the high demand and Financial services require security and speed, so people opt for the safe and familiar.

Little by little, cryptocurrencies are gaining ground and I do believe that the day will come when they will no longer depend on intermediaries.
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Topic
Board Bitcoin Discussion
Re: The Bitcoin Cafe
by
investor007
on 26/10/2019, 02:13:41 UTC
Prohibitions on the use of cryptocurrencies are an obstacle to mass adoption, however, it is not limited at all, because there are many online goods and services that can be paid with Bitcoin or other cryptocurrencies.

I believe that these prohibitions will soon disappear, because the ecosystem is putting pressure and governments will understand that cryptocurrencies generate many benefits to society.