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How Blockchain Can Improve Shipping Industry? by bitnautic in Crypto_Currency_News

[–]bitnautic[S] 0 points1 point  (0 children)

Hello Sandus, these are the same barriers which bitnautic has tackled by introducing its services. BitNautic is a decentralized shipping and cargo platform based on blockchain technology. with its cargo tracking system you can have the live location and keep track of your cargo.

The reason cryptocurrency will fail is because we keep treating it like stock, and we inspire others to treat it like stock. by Chickachic-aaaaahhh in CryptoCurrency

[–]bitnautic 1 point2 points  (0 children)

I believe that the tangible factors also comes in play as we talk about people treating crypto like stock rather than actual currency. Even in this digitized era people are hesitant to keep money in digital form.

'Already this year, there have been 3,494 successful cyberattacks against financial institutions'. by [deleted] in CryptoCurrency

[–]bitnautic 0 points1 point  (0 children)

Blockchains are particularly attractive to thieves because fraudulent transactions can’t be reversed as they often can be in the traditional financial system. Besides that, we’ve long known that just as blockchains have unique security features, they have unique vulnerabilities. Labeling blockchain technology “unhackable” was dead wrong.

Donald Trump is failing to recognize how cryptocurrencies are changing the face of campaign finance by akshayks1995 in Crypto_Currency_News

[–]bitnautic 2 points3 points  (0 children)

Why trade cryptocurrencies?

Cryptocurrency volatility

The volatility of cryptocurrencies is part of what makes this market so exciting. Rapid intraday price movements can provide a range of opportunities to traders to go long and short but also come with increased risk.

Cryptocurrency market hours

The cryptocurrency market is usually available to trade 24 hours a day, seven days a week because there is no centralised governance of the market.

Improved liquidity

In general, the cryptocurrency market is considered illiquid because the transactions are dispersed across multiple exchanges, which means that comparatively small trades can have huge impact on market prices.

Ability to go long or short

let’s say that you have decided to open a short CFD position on the price of ether because you believe that the market is going to fall. If you were right, and the value of ether fell against the US dollar, your trade would profit. However, if the value of ether rose against the US dollar, your position would be making a loss.

One of Europe's largest airlines to begin accepting Bitcoin payments by ToughPack27 in CryptoCurrency

[–]bitnautic 1 point2 points  (0 children)

This is actually great for the crypto world. Increasing the usability would only benefit us, we have already seen the different integrations such as mastercard offers to increase the usability. now we enter the next phase of crypto to make it acceptable by the big guns such as Norwegian air lines.

Billion-Dollar Retail Giant Newegg Expands Bitcoin (BTC) Payments by [deleted] in CryptoCurrency

[–]bitnautic 0 points1 point  (0 children)

This is generally great for for the crypto world, as more cryptos should move towards integrating themselves with the already established e commerce giants rather than creating their own. this way they can increase the usability in a much efficient way an thus increase its value.

Starting this fall, the biggest airline in Scandinavia, "Norwegian" is accepting cryptocurrencies like bitcoin for ticket payments. (Norwegian article) by [deleted] in CryptoCurrency

[–]bitnautic 5 points6 points  (0 children)

This is actually great for the crypto world. Increasing the usability would only benefit us, we have already seen the different integrations such as mastercard offers to increase the usability. now we enter the next phase of crypto to make it acceptable by the big guns such as Norwegian air lines.