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Showing 16 of 16 results by yaphetSGG
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Topic
Board Altcoin Discussion
Re: How Binance became world’s largest cryptocurrency exchange
by
yaphetSGG
on 29/10/2018, 14:48:39 UTC
I know that, Binance is a cryptocurrency exchange with a concentrate on the Chinese marketplace and other Chinese cash. Presently, it helps English and Chinese users. The Binance small (BNB) was made during the ICO event to account the advancement of the Binance exchange.
Even with the love that this exchange gets from the community also, I’m staying aside until it’s a little bit even more founded and its protection techniques have been tested to be effective. If you’re willing to move the dice, the myriad of coins and low trading costs found on Binance are unmatched, and you might find that it’s worthy of the risk to use the exchange.
Post
Topic
Board Altcoin Discussion
Re: Time to move to BTC
by
yaphetSGG
on 29/10/2018, 14:39:43 UTC
The utility can be guaranteed in coins like Bitcoin, people from all around the world can buy Bitcoin and then utilize it freely as they want actually, so we definitely can make certain that the coin will continue to grow and it will recover soon. On the other hand, the tale is a completely different one for altcoins… It’s not really a matter of the marketplace to be over; it’s simply a matter of the amount of provides that in fact offers not really a purpose. As it is definitely noticed by me, the 4th one fourth may become the period the marketplace (Bitcoin, markedly) will take off once again. Therefore stay tweaked.
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Topic
Board Beginners & Help
Re: I am a novice trying to understand why and how Bitcoin works?
by
yaphetSGG
on 29/10/2018, 14:29:32 UTC
Bitcoin was the initially popular cryptocoin. No one understands specifically who made it - most cryptocurrencies are made for optimum anonymity - but bitcoins initial made an appearance in 2009 from a creator supposedly called Satoshi Nakamoto. He provides since still left and disappeared behind a Bitcoin fortune.
Bitcoins are virtual cash designed to end up being self-contained for their worth completely, with zero want for banking institutions to move and shop the cash. You own bitcoins once, they act like physical money cash: They have worth and trade simply as if they had been nuggets of silver in your pocket. You can use your bitcoins to buy services and goods online, or you can tuck them and hope that their value increases through the years away.
Bitcoins are traded from a single personal pocket to another. A budget is definitely a little personal data source that you shop on your pc get on your smartphone, on your tablet or somewhere in the cloud (sizzling hot storage space).
Bitcoins are forgery-resilient. It is normally therefore computationally rigorous to develop a bitcoin, it isn't really economically worthy of it for counterfeiters to adjust the program.
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Topic
Board Bitcoin Discussion
Re: What do you want to see for Bitcoin - A stable or a volatile market?
by
yaphetSGG
on 29/10/2018, 14:20:49 UTC
BItcoin is the epitome of volatility and every currency has this feature to some extant. What is worrisome here is that the ratio of volatility is too large even for the riches, and this should have a certain amount of regulations for the price change.
Out of the blue, the price rises to 20k and some months later it digs sown to 6k.
I know how this things operate but I want to see bitcoin solve this problem and some solid schemes should be taken to lessen the volatility ratio. I have high hopes for bitcoin and I know that stable market is never possible for bitcoin.
A volatile market that do not let people go out from it, is what I expect. Cheers.
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Topic
Board Bitcoin Discussion
Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
by
yaphetSGG
on 27/10/2018, 14:07:51 UTC
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”
Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.
Post
Topic
Board Bitcoin Discussion
Re: REAL WORLD PROBLEMS AND BITCOIN
by
yaphetSGG
on 27/10/2018, 13:31:59 UTC
According to me, two problems are mainly targeted by Bitcoin or decentralization process that they want to sole. Firstly, the eradication of middleman service and make transaction direct for the wallet users thus create reliance among the users. Secondly, lessen the fees of transaction and conversion rate from crpto to fiat or crypto to crypto.
Post
Topic
Board Economics
Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
by
yaphetSGG
on 27/10/2018, 11:14:47 UTC
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.


Post
Topic
Board Altcoin Discussion
Re: What are some traits of legit ICO's?
by
yaphetSGG
on 19/10/2018, 15:16:56 UTC
Proper details about their product.
Realistic claims.
Perks of having their product.
Blockchain they are using.
Difference between their product and existing product.
The think tank behind it.
Risk Factors, etc.
What ever they provide should make sense to you and you should double check on them on Twitter, FB or other social medias.
Post
Topic
Board Altcoin Discussion
To invest in an ICO, Reviewing of the team behind is necessary?
by
yaphetSGG
on 18/10/2018, 11:21:48 UTC
Most ICO's tend to hide their members behind the project. Is not it necessary to know about the team also who are building an ICO project, including other factors of it?
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Topic
Board Bitcoin Discussion
Re: Bitcoin ATM's
by
yaphetSGG
on 18/10/2018, 11:09:29 UTC
As the uncertainty is still creeping in and most people do not know fully about Bitcoin ATMs, even though they have a large amount of store in their wallet they tend to transact a little amount of it. Furthermore, the high fees and waiting time is also not catching peoples attentions. It still has some major issues to solve so that people can finally use their wallets freely.
Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Can Bitcoin and FIAT co-exist? What will be the advantages then?
by
yaphetSGG
on 17/10/2018, 18:44:51 UTC
⭐ Merited by ramesh770 (1)
FIAT money is our daily currency which has been existing here for hundreds of years, when crypto currencies like Bitcoin is squeezing their way up to become a world currency and sort. Can they co-exist? If so then what benefits we can get from them, altogether? Not separately.
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Topic
Board Gambling discussion
Bitcoin in E-Sports..
by
yaphetSGG
on 16/10/2018, 15:28:36 UTC
Will the e-sports(gaming) industry accepts bitcoin or any other cryptocurrency?
Post
Topic
Board Beginners & Help
Re: Bitcoin’s inherent economics could preserve it all from ever getting very import
by
yaphetSGG
on 14/10/2018, 22:58:27 UTC
Post
Topic
Board Beginners & Help
Re: Bitcoin’s inherent economics could preserve it all from ever getting very import
by
yaphetSGG
on 14/10/2018, 21:28:20 UTC
I think providing a link to such a study will help others to get inform on the study before one can highlight you on it. But I don't see any relation between price tag on bitcoin and its growth.
Link provided Below.. TY.
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Topic
Board Beginners & Help
Re: Bitcoin’s inherent economics could preserve it all from ever getting very import
by
yaphetSGG
on 14/10/2018, 19:39:58 UTC
Post
Topic
Board Beginners & Help
Bitcoin’s inherent economics could preserve it all from ever getting very import
by
yaphetSGG
on 14/10/2018, 18:18:27 UTC
A brand new study illustrates how the price tag on securing Bitcoin will restrict its growth. There are more to it. Can someone put light to it?