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SHADI MOHAMED HASSAN

Why are cryptocurrencies so popular?

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On 12/22/2020 at 10:23 AM, Abrara said:

@SHADI MOHAMED HASSANGreat piece of information. Good job.

Apart from all the valid reasons, can we trust on digital currency. I want to make my point in respect to hackers. How can we protect our money from online hacks? If the world move towards digital currency then it would become easy for hackers to access anyone account. What did you say?

No I'm not agreeing with you, because while the world is moving toward cryptocurrencies, there is how security to prevent hackers are implemented, I hope in the future hackers will be having hard time to access others accounts, and even so it would be very easy to discover those hackers. 

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Cryptotalk is popular because is the best platform I meet that do different things than any other platform such as share idea of benefit,  learn from each others and also invest in post either on topics and reply of topics. 

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Cryptocurrencies are attractive added current and emergent speedily as loads of folks employ them as complementary proceeds and payment that's the time they operate completely potential to boost the profits of by these currencies.

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In my own point of view. It because cryptocurrency has create massive differences in lot of people live across the globe, t popularity will always grow as time goes on, it will be acceptable in the whole world some day just liken fiat money

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Perhaps the main highlights of the universe of digital currency is that it is an increase of cash in a fairly simple and modest manner and needn't bother with a huge and explicit time and needn't bother with capital. You just need to remark and assess to acquire a benefit.

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Cryptocurrency are more popular in these days because a lot of people in the use it for buying and selling it is famous in its investment it is stable and valuable. We earn it from crypto in this world it behave like a digital currency.  Especially bitecoin will give a lot of profit if we keeping it. In coming it will be more worthy. 

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Cryptocurrency is the future that would probably drive paper currency away cryptocurrency is the digital currency working medium.of exchange with robust and secure transactions.the transaction are all decentralized with no involvement from any kind of financial institution such as banks or the government only the payer and payee is responsible for one transaction 

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This is good question  ,as i am.new here but in few days of experience,i think.crypto currency  becomes popular day by day because  its income price increase  day by day ,it is easy to use ,it provides us the chances to learn and earn at the same time in current days,it also help students  to earn such amount  to pay their fees,its task is easy so that everyone  can complete  this task.... 

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Cryptocurrencies offers people an alternative means of investment and earnings. Its decentralized nature appeals to a lot since it is free from government manipulation. Many sees it to be the currency of the future specially now that mass adoption is already underway.

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Because it is primarily a reason for achieving profits, ease of ownership and ease of increasing them, and thus increasing our money And because it is considered a safe haven away from the surrounding events and is considered a way to transfer money with the lowest fees as quickly as possible.

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Because it is very and smooth working place. Where people are earning. It is becoming popular day by day. It will gain more and more in the chance.

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Cryptocurrency is very popular because of the soaring price of bitcoin, so people are curious about cryptocurrency. By buying crypto, there is an expectation of making unexpected profits along with a significant increase in bitcoin price. In addition, by entering cryptocurrency we can trade and earn profits on the crypto market. Day trades will get daily profits and long-term trades will get unexpected profits.

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Crypto currencies are the world major modern currency, their price is very expensive and their can be uses in any online transection, i think its accepted in all over the world. And you can easily exchange it to the market of crypto. But in this cryptotalk we can earn and learn from others members

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Cryptocurrencies is becoming more popular nowadays as we know that the world is become digital and more fast and the cryptocurrency is a digital currency every people talks about cryptocurrency we are very very lucky that we are the part of cryptocurrency.

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They are popular because people are losing faith in the fiat currencies, like the dollar or euro. Fiat money isnt backed by anything except maybe the politicians of the country, that invents the fiat money. Its all digital nowadays. They pres a button & billions are created, causing inflation & lowering the buying power of the currency. Thats why gold, silver cryptos are getting popular again.

 

i personally buy as much silver as i can. be it coins, lingots, etc.


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Cryptocurrencies are very popular because they are a very new concept in today's financial system. They give a good opportunity to gain profit from them because they are volatile and decentralized.

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On 10/5/2020 at 4:04 PM, SHADI MOHAMED HASSAN said:

Cryptocurrencies appeal to their supporters for a variety of reasons. Here are some of the most popular:

   # Supporters see cryptocurrencies such as bitcoin as the currency of the future and are racing to buy them now, presumably before they become more valuable
   # Some supporters like the fact that cryptocurrency removes central banks from managing the money supply, since over time these banks tend to reduce the value of money via inflation
   # Other supporters like the technology behind cryptocurrencies, the blockchain, because it’s a decentralized processing and recording system and can be more secure than traditional payment systems
   #Some speculators like cryptocurrencies because they’re going up in value and have no interest in the currencies’ long-term acceptance as a way to move money

 

Crypto currency is the currency of the future, it's seems to be the only currency that can success cut across all borders irrespective of the economic growth of the country and since it has a reliable structure pattern.

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It is a digital currency and it the future of Fiat money, although it can't replace Fiat money because it is yet to be accepted by many other countries, but am sure with time cryptocurrency will be all over the world without no doubt

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I guess crypto is popular because it's reliable and it's hundred percent reliable,with this function it's will be popular all across the globe

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I think it's only better
We notice its spread because it facilitates the operations on the Internet, and we do not forget to mention the trading and secrecy gant, transactions that distinguish it from physical currencies.

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Cryptocurrencies are the present day currency of the arena.  The charge of which may be very precious.  These can't be used for any cause in our each day life.  Because those aren't typical in many countries.  But those are the things we are able to earn from this crypto.  And those are very difficult to transform into everyday cash.  Yet these have received a whole lot of response round the world.

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The main reason why cryptocurrency is becoming popular is that more and more people are joining this platform day by day. Cryptocurrency enhances your intellectual power on the one hand and you can earn some money by spending time on the other. So I can say that with this platform you can increase your own skills and eliminate your unemployment. So day by day it is becoming popular with everyone and it is becoming one of the places in the world court. Hope you understand. Thank you.

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People have tendencies to go for new trends.And they also like to hide their actual amount of assets.And these two factors are combined in the new world of cryptocurrencies.Here the actual amount of money is hidden to coin and those currencies are also very easy to store in the online wallets.People don't have to go to any bank physically rather they can make their own bank sitting at home.That's why making money with cryptocurrencies is getting popular day by day.

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The speed of cryptocurrency transactions can be compared to lightning speed since it can do seven transactions per second at its optimum level. ... Since there is no middle-man in the transaction, the transfers are also faster, which makes it popular against existing forms of payment..Cryptocurrency is digital currency working as a medium of exchange with robust and secure transaction, and verifiable transfer of assets visible to everyone. Bitcoin, one of the most famous forms of cryptocurrency, become so popular that the value rose from under $1,000 to $19,000 in 2017 alone. Cryptocurrency is turning heads everywhere and here’s the reason why it’s become so popular.

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abacus sorts of boodle have a tendency to be sensational developed pin money of spectacular real world. powerful cost of it's all vital. those can't be utilised to get a reason out palmy and our own day after day wildlife. for the particular have been not reputed booming numerous geographical regions. still, these very will be sensational things we will take in delight in the one in question cryptographic algorithms. what is more, such tend to be unpadded to alter on top of in very village green pin money. however such are becoming much response around the world

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