Maximumheight

There have been news of banks not being comfortable with the use of cryptocurrency. In my country some banks are not accepting Bitcoin transaction. Some banks are taking it as a threat to their business. Many are of the opinion that it will take business away from them. Some say Defi( decentralized finance) will mean they no longer have control over customers funds. But my own point of view is that cryptocurrency will aid banking transaction. The banking and financial sector should see blockchain as an innovation that will help the monetary system rather than see it as a threat. They should embrace decentralized finance. What is your own Table on this?

Cryptocurrency are not really breaking but it is distrupting the norms. Cryptocurrency is still looking strange to many people. Many organization and companies are seeing cryptocurrency as a threat rather than a innovation. Cryptocurrency will go mainstream as Time goes on when people begin to see the need to adopt it.

From my own point of view I think Satoshi Nakamoto is still alive. Bitcoin is one of the greatest invention since the Advent of internet. He still currently hold a large number of Bitcoin. He is just being careful of the world powers. Once they know him, his life might be in danger.

It is a matter of time, the USA will finally accept Cryptocurrency and even create their own coin. Though they are already working on accepting Bitcoin as the SEC are almost adopting Bitcoin in some of their dealings. In know distance time, cryptocurrency will become a household name in USA. Many organization in the state are already using the coin.

Introducing cryptocurrency to newbie, you have to explain it to them in a simple form. The first step is to explain what blockchain is and the meaning of decentralization. Then explain Bitcoin to them and teach them how to create a wallet and protect their private keys. Then gradually teach them how to operate the wallet i.e sending and receiving money through their wallets.

Sincerely this depends on the kind of work you are doing. There are some people that are earning more than 1btc per week. So the first question should be your current work, can it give a earning of 1btc. If I am already earning 1btc, I will invest in a well established altcoin and stake it.

Though most Africa countries are regarded as a third world countries but some Africa countries are doing well in the use and adoption of cryptocurrency. Just as stated, Nigeria is one of the highest user of Bitcoin if you talked about adoption of cryptocurrency in Africa. There are alot of private companies already accepting Bitcoin in Nigeria. There are many exchanges that buy and sell Bitcoin.

Money laundering is very possible in cryptocurrency because the market is decentralized with limited control currently. Funds can be easily moved from one place to another as nobody has control over your fund except you. But I think with time many organization will begin to bring out different innovation and regulation on how to curtail money laundering.

I think what you meant is if one can leave cryptocurrency due to the loss many people have made or due to the bearish season. Infact my interest in cryptocurrency keeps on growing as the year goes by. I think I am going to grow more interest and build a empire in cryptocurrency. I am having intention of creating a business in blockchain industry.

Mine was not Bitcoin. It was ethereum. I had an opportunity to buy ethereum at a very low rate. I have some money that I wanted to invest in ethereum when it was still very cheap like $5. But I was not too sure on what to do so I just forgot about it. I would have been able to buy about 500ETH. And ethereum went to about $1500. I only watched in disbelieve and I lamented for several days for the single miss.

That will strongly depend on the financial base of the company. The first question you need to ask is if the payment per post will continue forever. I think for now let us just continue to contribute our own quota to the growth of this forum by posting quality posts and comments.

There are different ways to actually work and earn Bitcoin. It is not only buying and selling it. There are different companies this days that pay you in Bitcoin for your services. There are also some freelance sites currently paying in Bitcoin for freelance jobs. Even forum we are now pays you Bitcoin for your posts and comments.

I think being a crypto writer will be more beneficial and one can also combine the two. I will rather love to be a good writer and get rewarded for what I do. Then we can also combine the two, you can make money from writing and there after invest in some well established coin.

Yeah they are safe. The internet is changing. Different tech companies are beginning to embrace cryptocurrency and the browsers are not left out. Facebook is still battling with libra. Other companies will follow suit. So it is very safe to use the Opera wallets. Things will get better by the day

Yes, access to Internet will aid Bitcoin adoption. Many third world countries are still having alot of people that don't have access to Bitcoin. But the solution could be to have different internet point in each community that doesn't have internet.

I have also had an experience like this before though mine was due to carelessness. I mistakenly copy a wrong btc address of another person. After transferring to the wrong person I realized that it was a wrong address. After that accident, before I make any transaction, I have to check twice to ensure there is no error.

Humility is the best for everyone. God will always lift up the humble and bring down the pride. Many early adopters of cryptocurrency were made rich. So not withstanding just as you have said they need to be humble and not intimidate people that don't have. We will succeed!!!

Steem is a great project with a great team with a lot of prospects. I think what is happening to steem is cause by the market sentiment as the market is currently bearish so it affect every other coins. Steem will pick up again. It a project I will also invest in when I have fund.

This depends on individual. But I think watching of prices should depend on the type of investment one is currently on. The long term investors would likely not be checking prices everyday. It could be twice in a week. While the short term investors will be checking everyday to see if there are changes in prices. But the day traders checks almost every hours.

Crypto and real estate are both asset. But its depend on ones investment appetite. I will like to invest in a well established cryptocurrency like Bitcoin and ethereum than investment in real estate. But I will have a target of investing in real estate after some years.

Every investment vehicle have risk. It now depends on your level of risk. With proper due diligence, a newbie in cryptocurrency can decide to start with those kind of investment medium but with what he/she is willing to lost if anything happens. Then the newbie can now make more research on other investment channels to take proper decision.

I see Bitcoin growing yearly. I don't see Bitcoin failing. Right from the creation of the world will have experience various innovation. Currency has transformed from different stages. I think we are in the era of digital currency and blockchain. The world is moving fast. Now it is artificial intelligence, iot. Blockchain will take over the world soonest. Bitcoin is not going anyway soon.

People will still buy Bitcoin even i the price goes up. I think when the price goes to the pick and become very high it will stabilize because at that time we will have alot of users and countries that have adopted the coin for transactions. It may be very difficult for people to buy a single Bitcoin. Average people will buy in Satoshi.

Bitcoin ATM is really existing in some advance countries according to one of my friends that have used it before. It is just like your normal ATM but works with your Bitcoin wallet. You can withdraw from the ATM with your crypto wallet. I thinks this is the next level of ATM that will be produce as time go on.

Hmmm...To me there is no really exact month that is really special except December which is common to every financial market because of end of the year. Many people want to sell of and prepare for the year. So in crypto investment we can watch December and see how the market moves.