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Showing 4 of 4 results by kevin_crypto
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Board Bitcoin Discussion
Re: Is it possible? Bitcoin Price be Zero
by
kevin_crypto
on 24/06/2020, 18:08:50 UTC
Other than its absolute death, it will never drop down to zero again.  Even if all countries in the world banned it, the underground market would still give it a value.  If price ever drops close to zero, I would be very happy to purchase a significant amount of it for long term storage and there definitely is a considerable number of other investors who would do the same and so as long as there is a market, price cannot drop to absolute zero.
Post
Topic
Board Altcoin Discussion
Re: Why did dogecoin survive?
by
kevin_crypto
on 24/06/2020, 17:46:45 UTC
Doge's price descent is likely due to the infinite supply that grows by a significant value per year.  Perhaps it still stays alive due to the meme nature of it.

The early year it was created and launched in is also advantageous: it was launched at an early age of Blockchain, right when memes literally exploded all over the web so it does not surprise me at all that it still survives many years later.  Furthermore.. it is cheap, fast, the fees are absolutely meaningless.. only if strong development continued, it might have been placed higher in the ranks today.

But being a joke cryptocurrency, it probably would not be a very sane move to make it a legitimate, widely-adopted one, albeit in case of a real cooperation with Musk it would not be too far-fetched.  Cheesy



It might jump and surprise everyone though.
It certainly has a very cyclic and unusual graph for a cryptocurrency and many expect a new cycle to begin soon.  The latest Doge predictions were not very accurate though, the new cycle was supposed to begin months ago but it seems to be on a constant delay.
Post
Topic
Board Bitcoin Discussion
Re: What is the Reality of cryptocurrency?
by
kevin_crypto
on 24/06/2020, 16:10:37 UTC
This post is wrong on so many levels..



Cryptocurrency is the easy way to become rich if you get yourself employed in it.
Did you buy a cryptocurrency and turned rich from it?  If so, then consider yourself lucky to be among the very small percentage who also did.  But telling someone it's the easy way to become rich is deceiving.

Cryptocurrency is the exchange of digital currency to generate profit.
It is just a digital mean of exchange that is supposed to require no trust and no central party.  The definition is much larger than that for sure, but this is the shortest one I can think of.  Investors who purchased Bitcoin at over $15,000 would probably laugh out loud (or perhaps cry out loud) if they heard yours.

they didn't believe they can be rich from cryptocurrency until they learn about how a friend become rich with cryptocurrency.
True, because we all have a friend who became rich from cryptocurrencies.. right?

you use your phone to make money while you are at home.
Phones do not have a single thing to do with Bitcoin itself as a cryptocurrency.  Only because there are online jobs today that pay you in Bitcoin does not mean at all that it is a "make money at home" scheme in any way.  You can earn fiat just as easy online from home nowadays.
Post
Topic
Board Beginners & Help
Re: Avoiding/Detecting/Removing Viruses
by
kevin_crypto
on 24/06/2020, 14:35:56 UTC
As for me I love to download files with crack license, sometimes I also think of the risk that my laptop might be compromise but when I tried one time and nothing happens to my files, I then continue to download more files/programs from different forums, what's important here is to always read the review and download only those files with good reviews.
Never put downloading/accessing files in a relationship of equality with file destruction/ransomware.  Downloading a cracked game or software does not necessarily mean your computer will go crazy.

You are accessing modified executable files that in most cases are not open-source. Bots exist, just visit YouTube for a minute and check how many fake Bitcoin giveaways there are out there. Does that make the giveaways legit? If you have used YT often before, have you ever seen suspicious videos with a lot of positive comments but if you wanted to comment it wouldn't allow you? You can call that fake positive reviews.

It could be a very sneaky virus that slowly downloads your data into a computer, but undetectable yet by an AV.  Next thing you know, a few months/years later you create a BTC wallet and your money vanishes like magic.  Thank those 'good reviews' you followed.