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I want to here your opinion based crypto currency and why like or dislike it. I will say that I am a big in bitcoin, me and my grandpa have invested a lot of money and time I ti it we have 1 asic miner running and has produced .7btc within 3 1/2 weeks which to the current rate of exchange isn’t 1,200$ ish. Just leave you’re comments below! Thanks,
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It was a potential investment before, just not now. Multiple people think that it will crash eventually and government are placing sanctions and laws to prevent withdrawals of the currency and will start tracing everything which is basically pointless as it is a cryptocurrency.
I think cryptocurrency is a great idea. The ability to pay anonymously with a virtual coin that has an intrinsic value and doesn't need to be backed by gold is extremely useful. However, the main problem with most cryptocurrencies is that they are inconvenient; most transactions are slow and may be subject to fees. The wallets can also be confusing for new or inexperienced users. I think if we could make cryptocurrency a bit easier to use, merchants could be persuaded and encouraged to accept it a lot easier.
What blade said is true bitcoin is already banned in some countries and there is a chance of it falling. There is a big risk attached to it since no one really knows the owner of bitcoin. Its estimated that this guy has over 500 million bitcoins stashed and if he decides to sell it this instant bitcoin will fall completely. Its a big bubble in my opinion.
One currency im currently in is Ethereum, thinking of doing ripple too since its growing fast right now.
My neighbour has over 5 bitcoins and this guys made millions off of crypto currencies (not just bitcoin)
I also have a bitcoin mining contract with a website.
(This post was last modified: 07 Jan 2018, 12:22 AM by PDrilla.)