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Everything posted by Great Commander
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Bitcoin is not dangerous if you are not using it to buy illegal things such as those on the dark web. You are still safe as long as you use it to buy airtime balance, game credits ir other items which are not illegal.
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Been in crypto for 4 years and learnt a lot since then. From believing crypto cloud mining to signing up to faucets, I stepped forward and learned to avoid those types of way to earn money and focus it on trading as it is the only way to earn real money.
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Do you think centralized coins survive in market ?
Great Commander replied to Cryptohash's topic in Crypto World
Centralized coins have regulated supplies and thus can survive to market as someone must regulates it. If you are referring to flat money, then yes it will still exist. Bitcoin's volatility depends on whale investors for it to survive. -
Not just a dream but a privilege. Bitcoin and other altcoins habe helped many people in terms of different things. One can buy what they want and has a chance to share it to others. Bitcoin is now a reality and not a dream.
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Banks are helpful for both depositing and withdrawing your wallet with medium security provided that company concerns about their customers. Bitcoin is decentralized which is good for anonymous transactions though it will be recorded on the blockchain network.
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Can we teach about Crypto in school and university?
Great Commander replied to hexwin's topic in Crypto World
Yes. Students must first leaen the basics of cryptocurrencies and how blockchain technology works. Teaching them about finance and profit from could help them to keep away from scammers and fraud to avoid your identity being compromised. -
It is now hard to find legit airdrops as most of them are scams. You must check the airdrops legality and payouts been made particularly ethereum as they primarily use it on aurdrops. Don't invest on it and you're to go.
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Cryptocurrency: Why a Logo is important?
Great Commander replied to alexisfuentes's topic in Crypto World
It represents the popularity of specific coins as it is special than other. Bitcoin orange colored logo is like live and gives a value to the coin and the crypto users using it. -
The reason bitcoin transactions and the blockchain system decentralized is that to reduce security vulnerabilities and avoid scammers who wants to enter the ledgers of blocks in crypto world.
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Would You Buy Crypto as a Christmas Gift?
Great Commander replied to williamz902's topic in Crypto World
Well I have no job as of now, so I think nah. I'll just invest or trade it to keep and earn some profit to my wallet. Not being dependent to bitcoin but as we earn here, those giving gifts are optional to me. -
Have no idea why it drops again to 9k and keeps struggling to go as much as high as 10.5k usd. But we still have time to trade and whale investors for us to ensure the bull run next year and expect a boost to bitcoin's value on the market.
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Can we teach about Crypto in school and university?
Great Commander replied to hexwin's topic in Crypto World
If they are willing to learn then go. But adding it as minor subject and inserting to computer related courses (because blockchain is a form of modern tech), people must understand also the risks of getting involved in crypto world. Bitcoin has been the primary currency om dark web and students must not use it there, unless you want to buy a legit item. -
Once sent bch to btc wallet and I've waited three days and realized, I've entered the wrong wallet address. Still keeping my ether wallet woth my mnemonics so I think I must back it up in case something bad happens.
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Mobile mining, faucet claiming or sleep whole day?
Great Commander replied to Luciferludz's topic in Crypto World
Faucets like coinpot and freebitco.in are healthy scams which gives us a very small amount of money but I would sleep and get a job someday to be able to buy something and not being dependent on those faucets. -
Must be very for companies will ise bitcoin in the future. Implementing bitcoins as part of the companies' currency will give a chance for crypto people to use it just like flat money. Other speculations we are crypto atm though possible, it is still in the near future.
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As you earn money, we must remain the person we are. If you're millionaire with hundreds of thousands of money then you're lucky but don't be arrogant and stay being humble at all times.
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Transactions around the world including finance and banking will have better security than the rest of their lifetime. Applying modern blockchain technology will give an open access to freedom and eradicating vulnerable parts of it.
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Still depends on platform you are trying to exchange with. Though reversing bitcoin transactions is not possible for now. As time passes, we still see some improvements and hopes bitcoins with now be refundable if there's no confirmation.
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You can temporarily store it on a wallet and study how trading works as it is only the best way to earn money. As you trade it when bitcoin's value drops, you can now have the chance to increase your income.
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Not a dream bro but a reality. We've been in a crypto world for a reason. To earn money like we never we had before. Bitcoin gives us many ways to earn it and use it on different things.
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In what games can I earn Bitcoins or just money?
Great Commander replied to Marat159's topic in Crypto World
You can find blockchain games out there offering bitcoin or other altcoins as payment that will be sent to trusted crypto wallet such coinbase and the blockchain itself. Bit you must be very careful on sites you visits everytime. -
Why some people think long term holding is bad?
Great Commander replied to saintelincon's topic in Crypto World
They think long term holding is bad as you can't get your profit instantly. People wants an easy money so they refuse ti wait and invest at the right time to get the money they want. -
Can we teach about Crypto in school and university?
Great Commander replied to hexwin's topic in Crypto World
Yes. Teaching them about modern technology behind blockchain must help students specially those computer related courses. As cryptos are decentralized, it could be use by system to improve and security. -
Do you think Ethereum will reach $10,000 in 2022?
Great Commander replied to star11's topic in Crypto World
That is impossible to happen in 2022 as other altcoins are still dependent to its mother currency, bitcoin. If ethereum could reach 10k isd, bitcoin must be around 3 times the value of it around 30k to 60k usd as the range for it.