Hello Steemit Community, I have a few extra hours to spend here, and would love to answer any questions you guys might have. I will try my best to answer them.
As is indicated in the title, I got on the Bitcoin train early on, in 2011 or so. I have learned many lessons and perhaps another time I will catalogue exactly what I had learned. I am posting now as so many new people are coming into the cryptocurrency terrain, I was hoping I might be able to help some people out!
It is also possible I have addressed a question you may have in a different post I had done.
Remember: Post, Comment Reply and Succeed on Steemit!
do you think btc will be the nr1 coin in the future?
if not, what coin will pass by btc?
I think it is possible that other coins might overtake the "market cap" of Bitcoin, but I see it always being top 3 at least. And if it does get overtaken, it's possible that it returns to its first position. Thanks for the question! I encourage you to follow.
What makes bitcoin gos up and down?
For the most part it is all driven by use. Use and the fact that it is tradeable and thus speculation is also a factor. This is a consideration that is important because the amount of Bitcoin that exist is limited.
I can for instance, send you 15 million dollars if im in Las Vegas even if you are in China, within minutes.
This usability and ease of transferring value quickly is what drives the price inherently.
Wow, great you had faith in bitcoin back in 2011 and it has paid off :) Followed you to read more about your experiences.
I'm fairly new to crytptos, and have started investing recently. Do you have a choice of other coins that would be good to buy right now, and is it the correct time to get more bitcoins :)
that's great, thank you for the comment and follow! Always happy to answer questions if I can!
Hi, I am new to Crypto. Got few NXTBTC recently, And the rates are down now. And there is a news on IGNIS. Any Idea what will happen to NXT once the IGNIS lunches? And any date of IGNIS lunch ?
Hi @ravinaik.smg sorry for the late response! I am unfamilar with NXTBTC or IGNIS. I would reccomend you join the application telegram and find the NXTBTC or IGNIS telegram discussion thread. Sorry I could not be more help. Usually you will be able to find help here on steemit if you post about it aswell! People love helping on this platform.