Cryptocurrency - the Future of Money?

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  • Jadaselw
    replied
    How to choose a cryptocurrency exchange if I want to buy or sell bitcoin?? What parameters should you pay attention to? I want to trade. My friend advised me to choose https://zikex.com/, what can you say? I am considering this exchange for trading, there are good volumes and a lot of cryptocurrencies.
    Last edited by Jadaselw; 29-09-2021, 05:13.

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  • Chalresjames
    replied
    Does anyone use a crypto trading bot? If so do they work?

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  • damiendada
    replied
    Bitcoin is increasingly valuable.


    Mini Militia App Lock
    Last edited by damiendada; 03-07-2021, 20:48.

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  • WilliamJack
    replied
    I actually consider that the way the cryptocurrency market is developing, is getting out of hand actually. I mean, just take a look at the values that we are having for the dogecoin or ada/cardano, it is pure insanity! I mean, those currencies are not that popular as the bitcoin or ethereum, however their stocks are valued at more than 80 freaking billion dollars!!! That is pure insanity guys. And you know, I am still surprised by how people keep on asking how to pay with cryptocurrency. I mean come on guys, you have to know those simple things.
    Last edited by WilliamJack; 17-05-2021, 16:38.

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  • GabrielLuke
    replied
    What is the reason for the doctrine of store of value? Why not use a decentralised, stable, and inflation-free currency for storage as well if everybody is using another decentralized, secure, and inflation-free currency for daily transactions? In that case, why is bitcoin even necessary?

    And I believe that the biggest issue with bitcoin is its inability to scale. If transaction volume ever increases, fees and transaction time will skyrocket (as was displayed in 2017).

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  • Naheed
    replied
    Originally posted by Hwabbi View Post
    The current market situation shows that Bitcoin is now more valuable than gold.
    Actually it is not valuable than gold if we see the Estimates on the value of the worlds total supply of gold
    and that of the entirety of all crypto currencies. But now in the digital future, we need it more than gold,
    as a mean of payment making it more valuable.

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  • Hwabbi
    replied
    The current market situation shows that Bitcoin is now more valuable than gold.

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  • jasenhudson2
    replied
    Crypto is the financial internet of the future, and global decentralised apps would be built on blockchains like Bitcoin and Ethereum.

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  • Naheed
    replied
    I think it’s yet too early to tell and one of the most vulnerable industries to make any predictions is technology.
    However, in my view, in the coming ten years, the cryptocurrency will be part of our daily lives, as the internet
    and mobile communication these days are.

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  • Donald56
    replied
    Originally posted by Jackson View Post
    It's quite hard to predict, but I think yes. Nowadays even casino even accept Bitcoin instead real money
    No one can't predict the future, but yes, I agree with you. It was a surprise for me when I found out about the role of crypto in casinos

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  • Jackson
    replied
    It's quite hard to predict, but I think yes. Nowadays even casino even accept Bitcoin instead real money

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  • Emily Cuthbert
    replied
    I have just come across the term "ICO" - a type of funding using cryptocurrencies. Is it the future of fundraising or just another crypto scam?

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  • bitexglobal4
    replied
    It is impossible that businesses give ignorance to digital currency and that too specifically inside the online ecosystem. Nowadays, itís increasing commonly among many firms to provide virtual currency as a medium of payment. So, Cryptocurrency is the Future of Money.

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  • victorvictories
    replied
    Originally posted by Rose Bluebell View Post
    Bitcoin was created to avoid centralized banking and government money. It uses blockchain, which is very secure. As per David Yermack, the chairman of the finance department at New York University, Blockchain reduces the cost of verifying transactions and thus banks are looking into using it. So, cryptocurrencies could be used as national currencies in future.

    Bitcoin have already become popular in countries like Zimbabwe and Venezuela, where it is being used as a major means of exchange.

    Bitcoin is only used for trading now a days and the real intent behind it's creation has not been achieved. The value is increasing due to trading and not due to people keeping hold of the currency.

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  • Rose Bluebell
    replied
    Bitcoin was created to avoid centralized banking and government money. It uses blockchain, which is very secure. As per David Yermack, the chairman of the finance department at New York University, Blockchain reduces the cost of verifying transactions and thus banks are looking into using it. So, cryptocurrencies could be used as national currencies in future.

    Bitcoin have already become popular in countries like Zimbabwe and Venezuela, where it is being used as a major means of exchange.


    Leave a comment:

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