Steve5
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Everything posted by Steve5
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I hope so too. Technology is surely making its way to the modern era. I wouldn't be surprised if it becomes an every day currency just like cash. Maybe we'll see it happen in the next ten years or so. 😃
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I agree. It's very relevant question. Most of us seem to forget that it's a limited currency. One day it will run out. I'm sure that by then its value will increase since it can no longer be mined. 😃
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Was Bitcoin made to facilitate underground illegal transactions?
Steve5 replied to Kakashi2020's topic in Marketplace
Thanks for your interest. However, I cannot remember the exact video I watched. It was a few months ago. But I can share the link of something similar that discusses bitcoin's use in the dark web. Bitcoin Dark Web 😃 -
I feel the same way. It can be frustrating. Especially, if you don't get a lot from it. Those who earn money from mining have dedicated hardware specially made for it. Using only your computer might damage it in the long run. 😊
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How can one earn with different lesser known cryptocurrencies?
Steve5 replied to Kakashi2020's topic in Altcoins
I'm glad you've managed to earn your payout. I've seen how it takes some time to get the minimum required for it. It's great for those who have dedicated processors. They earn much better using faucets. 😂 -
Now that's a scary yet interesting thought. I'd think that by now they would have done so. I guess they're more focused on other stuff. Besides, they're already making millions of dollars from their ad revenue alone. If they did come up with a cryptocurrency, it's likely to rival even bitcoin. 😂
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Well, it depends on the outcome. But it's not a good idea. A lot of cryptocurrency isn't as stable as the ones we've come to know. You might lose your money quickly. And you're not sure what to expect since it hasn't been available for that long. Many people have lost thousands of dollars from making the wrong investment. 😊
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I think it's important. Any name given to something becomes a representation for it. So choosing something, unique, catchy, and memorable elevates the cryptocurrency. Kind of like bitcoin. It's short and simple. It even sounds like the coins you collect in Super Mario. 😂
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That's great advice. I've also wondered about the unfortunate people to have lost their money on investments. Only the so called "entrepreneurs" made lots of money. So it's in our best interest to pick stable currencies like the two you mentioned. They're much better in the long term. 😄
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It's better to choose something that's already been established. Bitcoin is more prevalent nowadays. So you're able to track it more efficiently. The price point is more stable compared to other cryptocurrency. You just have to wait for the best time to make a profit. 😃
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Was Bitcoin made to facilitate underground illegal transactions?
Steve5 replied to Kakashi2020's topic in Marketplace
I've heard rumors about it being used in the dark net. Cryptocurrency is very secure for such shady negotiations. I'm sure lots of money transfers are unique when it comes to dangerous individuals. You can watch discussion videos on Youtube. 😄 -
That's okay. This kind of experience helps us avoid doing it again in the future. I'm not surprised by the growth of many scams on the internet. Caution should be exercised whenever visiting websites. Let's avoid getting scammed again. 😄
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It's nice of you to be honest. I feel the same way. Who doesn't want to get rich fast? But as you've said, it's not secure to rush things. It's better to earn more in the long term. We shouldn't lose money due to impatience. 😃
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I know, right? It seems that even until now people want to get rich quickly. So that makes it more of a risk for them since they're unable to wait patiently for the best time. Anyway, they'll learn how to do so once they figure out how things work with cryptocurrency. I hope by then it's not too late.
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Me too. It can surprise you since you get varied values from time to time. So it depends on how long the individual can wait. It's just that others are always on a hurry. That might not be a good way to profit from it. Patience is key.
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That's right. People should make the best of situations. We can't say how much money we'll make in the long term. We can simply adapt to the changes and hope for the best with our investments in cryptocurrency. 😁
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Market analyst really improves their odds of earning money. They also feel more confident being in the hands of experienced individuals fit for the job. It gives them a sense of ease that they're handling their invested money with utmost care.
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That would be amazing. I imagine millionaires having their own market analyst. Maybe they hire like more than one. It's crazy how much money you can make with cryptocurrency. So many people gained thousands of dollars by investing money on it. 😂
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You're right. We'd like nothing more than to maximize our potential earnings. It's really nice to know how it's done. You're getting so much value for your money. Especially, when it's timed perfectly. 😁
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That's right. It could be the key factor for the natural trends we see. I guess others just can't wait long enough to profit from it. They just want to have the money immediately. Good thing patience is rewarded when it comes to cryptocurrency.
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I believe that we can still earn a lot considering how bitcoin's value continues to grow. But we'd also have to be patient since the price can change at anytime. So it's best for those who can wait for months. Others are saving theirs for years to come. 😃
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What do you think would be the future price of Bitcoin?
Steve5 replied to Kakashi2020's topic in Marketplace
I think it could go as high as ten thousand dollars. Maybe even more. It looks like the price is increasing as months go by. If this keeps up, we might see it as the highest valued cryptocurrency of all time. 😃 -
I believe it is. Despite its unusual fluctuations, its has proven to be the most lucrative of the bunch. It's still widely used today even by newcomers to digital currency. I see it growing in price as the years go by. Though, I probably won't be part of those who saved their bitcoins for the future. 😃
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You're right. They should have invested much sooner. Well, early birds benefit a lot from it. So I'm sure we'll see more potential investors looking into bitcoin sometime soon. 😂
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It sure is joyous right now. I can see more people becoming attracted to it like when it first became famous. Things are looking up for investors of cryptocurrencies. 😃
