How important is Crypto in your life now?

[Edward]

As far as financial responsibility goes, yeh pretty damn important

[polor12]

To me is not as important because  crypto is out there but not out there.. they say its mainstream, but not really.. we what happens by the end of this year

[Jerryx08]

crypto is like an alcohol cigarette or drugs you cant resist on it once you start. Even you are losing you still have the guts to continue cause its so addicting. Also crypto is the future money so play and earn it just like youre in the future.

[felipev1994]

for me is very important the cryptos, because i use for earn money in exchanges and for play in gambling sites (like stake  )

[Shaniqua]

its important in the sense that, that is what i use to gamble with... its like buiying chips at a casino to play a table game...
and that is as far as it goes...                                        
i own no coins that i have invested in cause i play and bust all i buy

[clariaaaa]

crypto basically my breakfast my lunch my dinner . my cash lol. pay almost everything here with my coins. 🤗

[77kdub]

I discovered bitcoin through online gambling, the fact that you could deposit & withdraw instantly with no hassles of going through the verification process sounded to good to be true but it really was all that.  I've never used bitcoin or crypto for any other purpose then to gamble with that's it.  So I suppose you could say it's pretty important to me in that way  & I would be pretty bummed out if I had to go back to playing at a regular fiat online casino.  What can I say I'm a true degenerate & I'm ok with that as long as there is crypto to gamble with lol

[Gueen4455]

crypto have changed my life , I have a lot of opportunities and learning in crypto. I know it will be the future money. 

[danangwibisana]

it is the most important innovation to money in recent history, and it will guide us to a brand new society

[zeriko]

Crypto it's kind of like the spearhead of my demons manifesting itself in a virtual currency I mainly use it as a form of entertainment / gambling / destroying my life

[Shaniqua]

crypto is just like paypal but without a company that owns the system.
oh ya and without the booshet that comes with paypal lolol          

[Shaniqua]

On 12/5/2018 at 6:52 PM, Edward said:

As far as financial responsibility goes, yeh pretty damn important

ah, i forgot to mention in the last post...

 im sure Edward, for you that is very true,
tthanks for chiming in on the topic, i have noticed you more on the forum by as of late, 
i think at least.. maybe just chance encounter... but i like to say its good to see your involvment in the forum
kek ho silver aawaayyyy!

[JoshuaThePsycho]

I count it as a way of investment mostly. It's not like having a bank account but it's a good tech to invest on 

[chrisconn63]

i mean i would say its not very important at all, unless my boredom being cured is considered an important thing, witch it sorta is. but really its not important for anything else at this moment. i only use it to gamble to pass time.and i dont really see it going anywhere else

[FotisNt]

Btc nowaways is importand on any way due to: 

Secured transactions

I still struggle to enter my credit card details online because of the frequently occurring identity theft crimes. Since 2017, over a billion has been stolen through credit card fraud and this has left more than 5.2 million brits to cancel their credit card subscription. I believe those days are finally coming to an end. One of the unique selling points for cryptocurrency is the security and safety of funds transfer. This online currency secures transfer of funds between two people or businesses by using public and private keys. It is expected that this advantage will restore consumer and business confidence in online transaction.

Multiple transactions

One of the puzzling opinion regarding cryptocurrency is its ability to allow multiple transactions like the conventional credit card payment system. Do not be alarmed, it is expected that cryptocurrencies will retain the one card solution offered by card payment system from most commercial banks. The cryptocurrency system consolidates multiple features into one single unit thus giving you the ability to be your own bank. This implies that with your cryptocurrency you can subscribe to a lending scheme, initiate an international money transfer, exchange currencies and trade. The ApolloDae is one of such platform that provides the tools cryptocurrency users’ who needs to carry out the crypto exchange, coin base, crypto trading, ICO, token sale.

Verified transactions

Whenever I call the contact center from my phone line the background or my voice is enough to verify that I am human. This is not the same case for online interactions as the verification method will require text and pictures. This is the same for the traditional transactions, there is no one size fits all solution, verification procedure will change with each transaction. This creates room for dishonesty and less transparent transactions. On the other hand, the blockchain transaction is an online ledger available on several computers thus making transaction verification fairer and more transparent. This feature will help increase B2B and P2P transaction.

But also it has a Risk

It will be improper to ignore some of the challenges facing the cryptocurrency industry. The currency is not totally immune to theft through hacking and it creates a battle between cybersecurity experts and hackers. Apart from theft, the currency is prone to wild market fluctuation which means money can be gained or lost. Lastly, cryptocurrency is not backed up by gold, just math, and computer and because it’s a virtual money it needs to be backed up in the event of a computer crash. These are some of the demerits of cryptocurrency money, it is not perfect but definitely an improvement to the current system.

There is certainly a future for cryptocurrency in the rapidly growing digital economy. Its application is gradually increasing as it is revolutionizing how people do business and live. It is expected that paper and coin printing will be phased be out in time. On till then, these are some of the impacts that using cryptocurrency might have in our lives. 

 

[EddY]

I think Crypto is nothing for me just lost time and fun.

[wry]

Crypto is still a great hobby of mine!  It has totally replaced video games, as unlike games like WoW or Fallout it pays you!  It also is good motivation to learn about things like cryptography and programming.  So it remains my primary source of entertainment and a far more constructive source of entertainment than I used to enjoy.

I also still believe in the Bitcoin premise and project and while watching the price drop and drop all year is a lot less fun than watching it shoot up like it did at the end of 2017 it's still better than most other goofing off options I have.

[KiritoCS]

I did not invest much only money I had left over so I dont really care but people who invested a lot probably are shaking right now.

 

 

[barbaris]

Crypto currency is important to me since it is 50% of my income and the current tendency to fall does not make me very happy, but let's hope for the best and wait for growth and profit.

[bmg]

crypto is very important  because I can turn my btc into cash with my visa bitpay card.  I can use my btc or bch like cash to shop at stores.

[Shaniqua]

On 12/10/2018 at 3:27 AM, JoshuaThePsycho said:

I count it as a way of investment mostly. It's not like having a bank account but it's a good tech to invest on 

so i figure you own a portfolio somewhere and are hanging on to it till the prices go up?

[JoshuaThePsycho]

3 hours ago, Shaniqua said:

so i figure you own a portfolio somewhere and are hanging on to it till the prices go up?

Of course I HODL but honestly I invested my money on asic miners mostly

[ginoso2019]

 

now the crypts are an integral part of my life I could no longer live without them

[Etude]

Well as of today, it pretty revolves all around my life as I spend much time mostly with cryptocurrency stuffs. (Stake etc.)

[BLXN]

Hmm -- It's important to me as it represents an unrealised potential, and wasted effort. There is vast wealth to be generated by this new type of value- exponentially so. I've pissed away what would have been a considerable investment at Stake et Prime over the last two years, and it's starting to sink in - how rich the other side of this equation is getting. 😃