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suzuya

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Everything posted by suzuya

  1. I think no one can really track the transaction done by many people because if there is one then that is a seriously hard job. Also since many people say that our actions and transactions are untraceable so there are really no people who can do that.
  2. We can not really tell about how fast is bitcoin transactions because I think it is based on the network connection you are using. In my experience some transferring of bitcoin from yobit to my wallet is sometimes slow and sometimes fast. I really don't know where the speed is basing on.
  3. Electricity is the most important resource for crypto miners and also for people who use or work with cryptocurrency, without electricity we can not access our wallets and some exchanges. Generators will do but it will not be enough because oil might have shortage as well.
  4. I still haven't seen his/her real face, I don't if the images on google are real. No one really know what he is look like, I think he is not an Asian because he just want to use the name Satoshi Nakamoto to hide his identity. Everyone wants to find out who he is.
  5. It's better that the amount or number of bitcoin has a declared number because this is good for the circulation of money in the market, this is why this coin became the most expensive coin because it is limited, that's why if the supply is low it's price is high.
  6. I don't have any idea about this digital dust thing, it's a really interesting and good news or information. Most of us here in crypto world think that we are safe, but we are wrong because hackers can always find way on how they will breach or infiltrate a system.
  7. The first thing they should or need to do is to accept the use of cryptocurrency in their country, also they should introduce it and tell people the importance and the capabilities of it. When people have enough knowledge about what is cryptocurrency, they will now be free from taxes.
  8. They can really affect the price of cryptocurrency once they decided to start doing transactions or once they move in the market. Sometimes they are the reason why the price of a certain crypto coin is really low. Also in my opinion, whales are the one who really benefit from cryptocurrency.
  9. That is really cool, because people can start buy and sell business with the use of cryptocurrency, it's better that the payment method will be crypto so that no one will find out about your transaction. I hope that there'll be someone in our country that might do this kind of business as well.
  10. Investbox is a section in YoBit's exchange where you can distribute your current crypto coins to some coins listed in there. Some of the coin requires you to do something before you can get your interest, also there are coins that doesn't require you to do any actions in order for you to earn.
  11. There are lot of crime that involves the use of cryptocurrency out there, so we should be really careful. There are lot of platforms or websites that offers deceiving deals. It's sad that we can not do anything once we lose our money because of the scammers and hackers.
  12. If you invested a huge amount in crypto while it's price is high then that is really prone to losing your money because you invested on the wrong time. You will might face some problems about this because you will lose some of your investment.
  13. I will use blockchain technology in election's system so that they can not manipulate the data or results anymore, since blockchain's security is really intense this is what people really need to make their data private and unaccessible by anyone in the government.
  14. People should be investigative and observant before they try to join something, it's hard for us to know what is legitimate and safe because in the internet even the safest looking website can still deceive or scam you. Always ask other user about their opinion about a certain website before joining.
  15. Altcoin stands for Alternative coin, they are made and also they work like bitcoin. Altcoin's value is way more cheaper than bitcoin, also some use altcoins to gain more profit than just by using only bitcoin. The altcoins that I support are ethereum and ripple only because they are the only altcoins available in our wallet.
  16. I prefer using coingecko because it's the one who always on the above of results when I search it in google like if I want to check the price of a certain coin if I convert it to fiat. Also their user interface is way more user-friendly than coinmarketcap, that's why coingecko is easier to use.
  17. I think satoshi nakamoto never left the crypto world, he's just around and watching how his work is being used by many people around the world. We really don't know about his real identity or where he is. I hope that people will continue to make cryptocurrency better.
  18. As of now I still haven't lose any of my crypto just because of wrong or false prediction, because I really don't believe on someone's prediction beause they can not prove me that it will really happen. Also, it's better that you take a really good care in your crypto because it's money.
  19. As of now there are companies that pay their employees using crypto, especially those companies that are online-based. There are lot of things available to be done with crypto, and some of them are not that popular because we don't really use them in our daily lives.
  20. Most of the projects made or planned by banks are mostly failures because of it's centralize system. Cryptocurrency was developed to make a decentralized system and that is what the people want. If we accept bank projects then there'll be no progress.
  21. I agree, those things listed are the hindrances of traders to get good profit when they trade. No matter how skilled or good you are as long as they exists, you will still lose some of your profit from trading. It's really part of trading so we can not do anything about that.
  22. I think privacy is way more better because this will make our transactions safer, and also bitcoin doesn't need regulation because it was developed for everyone to be used. Privacy will help people to make their money safe and secured.
  23. It's better that you will search and investigate about the projects background so you can avoid or prevent getting scammed, we should be careful because their are lot of illegitimate projects that are just wasting our time. Also before joining a project, you can try to ask it's member if it is really worth it and legit.
  24. As of now I am not using Lightning Network and also I still haven't tried using it. I really don't have any idea about what is Lightning Network. Based on what I read on other users' replies, it's like a system that might help us to have faster transaction when we use cryptocurrency.
  25. Crypto is really fun especially if you keep on earning and gaining profit because you still don't face any problems yet about crypto like losing your money because of the wrong investment or action towards a certain even that might happen in crypto's price.
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