What is Cryptocurrency ? 21st century Unicorn.

[Nezar 7169]

The cryptocurrency and blockchain technology are very impressive and we have been able to help a large number of people from different parts of the world and I am sure that this currency will be able to help many of the shadows also in the future

[Shaza Ahmad 1682]

I believe that the blockchain technology has not only been found to benefit from it in the financial aspect, but can also be applied in several areas that require safety and transparency.

[Magnom 0]

Cryptocurrency is about a store of value.. It's really valuable but it's not money at the same time.. This is a new technology which it depends on blockchain and online wallets.. Hope that this cryptocurrencies project would be stronger and more popular inba few years..

[Zues 1069]

On 4/10/2020 at 2:47 PM, CryptoMaxim said:

Of course, the cryptocurrency should not be compared with Fiat, but cryptocurrencies have made it much easier to make anonymous transfers and have brought in additional revenue.

Yes I think that you are right and it become its own advantage against fiat because there are so many things that is happening here in cryptocurrencies because there are many people creating transactions and exchanges each day

[gourav789 2834]

On 1/26/2020 at 8:00 PM, Moneykiller said:

cryptocurrency is a digital currency which remains in the life market because it's tradable one can easily earn a millions in this 21 century.

this is true that by crypto currency we can earn a good amount of money  but without experience and knowledge there is very low chance that you are got profit by it . trying to learn some good techniques automatically you start generating your money .

[Soaib khan 1035]

cryptocurrency is a digital form of currency by using this you can send and receive cryptocurrency from anywhere in the world without the needing of third party like banks government etc.to store this you need cryptocurrency wallet 

[Virgil dijk 1431]

In the 21st century cryptocurrencies was brought into existence and has offered alot to many people, cryptocurrencies has actually changed the lives of many , cryptocurrencies is actually used as a source of income for many people and it has been spreading worldwide.

[Yomose 3704]

On 4/27/2020 at 9:48 AM, Honny143 said:

I think 21st century really crypto currencies do very well, because in 20 the century basement use to increase in 21st century, so in my in this century around all countries accept crypto and use this currency like fiat currency.

You are not wrong, the 21 century has really favored bitcoin so much, also it favours al cryptocurrencies  in general. Let us still hope for more and another all time high period is even imminent.

[TimopheyKa 3900]

Cool, thank you for this information! It seems to me that the cryptocurrency is so anonymous, and no one practically knows about its transfers , thus, it is somewhat similar to the unicorn, which seems to exist according to old legends, but in fact, no one has ever seen it!

[Moaz 7239]

The users of cryptocurrencies in the world have increased dramatically since Satoshi Nakamoto invented the first cryptocurrency is Bitcoin based on blockchain technology in 2009, and anyone in the world can earn money using cryptocurrencies independently away from the control of banks.

[Izeal 4404]

On 12/28/2019 at 7:12 PM, Sameer155r said:

Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.

Cryptocurrencies can be sent directly between two parties via the use of private and public keys.  These transfers can be done with minimal processing fees, allowing users to avoid the steep fees charged by traditional financial institutions.

It's like the virtual money which can be transacted to buy from some ecommerce site. It's like stock where we can earn money by selling for high and buying in low. As cryptocurrency is not popular at this time in next 5 years this will rule the financial power of the most of the country.

[koussai999 1986]

It is the new generation of currencies and the new generation of payment methods. I think it will triumph over all the alternatives that exist at the present time. Everyone should encourage the matter and stand with it because it will be a good investment for them.

[Cryptomint 433]

You explained well thanks for sharing and we know that now we can trade them on the bigger exchanges like binance and kucoin.

[Sykkuno 2887]

Some cryptocurrencies don't exactly have minimum fees for transactions and Bitcoin and Ethereum have usually high fees. This is a problem for Ethereum mostly that wants to be used by developers for building dapps and games and higher fees make users unable to use them.

[bogdanoff 3173]

Cryptocurrencies are the best form of money we have today. This is why governments don't like them. They take from the power of governments and give this power to the people. Not all of them are the same but most are decentralized and have the user in the center and not as a way to manipulate and extort as with the money we had until now.

[cryptovlek 2597]

Cryptocurrencies are the future, we will be using them in the form they are today, but maybe we will be using still mostly a form of digital money coming from government too. I hope this will not make problems for us and both can be used together.

[Fixfin 2569]

I don't understand the unicorn example? Is this mean that it is something rare to find or something that is a myth? I think that cryptocurrencies were always going to happen but most of them haven't proven anything yet. Not even Bitcoin as it started to be a system for p2p transactions but then changed and because of rising prices nobody is using it for this.

[kryptonick 2659]

We still have a lot time before cryptocurrencies are adopted and used but right now there is a lot of trading and speculation and it is not so normal as crypto is still not being used a lot. Maybe price will reach trillions if they start getting used but there are a lot of problems with the technology not being accessible yet and has a lot of problems that need to be more friendly to everybody.

[zhoutong 2188]

I like the resemblance to a unicorn but you describe all cryptocurrencies in the same way. Cryptocurrency is one thing do you mean perhaps Bitcoin? Because we have thousands and they are not all dreamy but most are terrible.

[percare 3192]

Cryptocurrencies are not a unicorn at all, they are probably donkeys at a 99% rate. Meaning they will pump a lot at some point and once they have many buyers they will start dropping, instead of talking about "cryptocurrency" that is a word that is very vague we can talk about Bitcoin, Ethereum and a few more cryptocurrencies that are unicorns indeed.

[noshot 154]

Thanks pal for the very good post, I liked what you explained and maybe you are right about cryptocurrency it can be the 21st century unicorn and it can be very highly priced as cryptocurrency is very used lately.

[ShiNorton 906]

On 4/10/2020 at 12:32 PM, CryptoMaxim said:

Of course, the cryptocurrency should not be compared with Fiat, but cryptocurrencies have made it much easier to make anonymous transfers and have brought in additional revenue.

Cryptocurrency has changed our habitual lifestyles in so many ways. I salute Satoshi Nakamoto for this great invention for the first time in history. Looking forward to the best progress of Cryptocurrency in the future.

[Mwangi 5611]

Very very true, there are people out there who made it great, crypto is the biggest thing in the 21 century so when you look at it its really important you are able to value what is right , when you see a century you think of something changing the 20th century brought the technology on everything the 21first is all things to exchange and its really powerful

[Gluttony 1775]

You as a newbie, I would like to this kind of opportunity to say to you that at least make some effort in doing some kind of threads not just copy paste the whole thing. It actually makes the forum to lose more legitimacy because of this kind of thread that you are posting. I hope you changed that habit and at least do something about what you have done. According to your post, I agree about the information about crypto currency but I think that enough would not make you knowledgeable about crypto currency.  It should not be enough especially if you are really being pursuant of choosing crypto currency as their career.

[Mella 3680]

On 12/28/2019 at 3:27 PM, Sameer155r said:

Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.

Cryptocurrencies can be sent directly between two parties via the use of private and public keys.  These transfers can be done with minimal processing fees, allowing users to avoid the steep fees charged by traditional financial institutions.

I am agreed but my international transactions take a very small fee like one dollar to send and one of my banks has zero fees to receive so these fees can be higher if you are use the bitcoin right? I am think the best is that when you are send the money they are there on the other person in one hour. with banks it is needs days.