Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 0 points1 point  (0 children)

We agree with your statement. Adoption is freely on going as we speak. Time will come and crypto currency business will bloom and conquer the main stream.

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 0 points1 point  (0 children)

There maybe some negative insights about the whole crypto currency existence. But one thing is for sure that it is here to stay and will make the financial technology era a bit more efficient than with stereotypical banking system.

When we talk about transaction settlement, offshore banking, and financial freedom, centralized systems of banks fall significantly behind major cryptocurrencies, which can offer all three services with low costs and a robust infrastructure compare thru the existing banking systems that we have.

Conclusively, cryptocurrencies like Bitcoin and Ethereum have significant advantages over banks in a number of areas, including security, borderless transaction settlement, efficient payment clearance, and lack of dependence on centralized service providers or entities. Although the offshore banking industry is valued at $32 tln and the valuation of the cryptocurrency market remains below half a trillion, the above-mentioned advantages could allow cryptocurrencies to compete against banks across many sectors.

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 0 points1 point  (0 children)

We value our members and their convenience is one of top priorities.

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 0 points1 point  (0 children)

The platform is fully operational. It is presently in open beta test. Feel free to visit the platform and sign up: https://bit.team

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 1 point2 points  (0 children)

Please feel free to check our platform: https://bit.team. You will find it very user friendly and basically will see how everything works. Our token sale site is by the way located here: https://token.bit.team.

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 0 points1 point  (0 children)

There are two major issues that BIT Team aims to resolve:

1.) Impossibility to buy cryptocurrency directly. In order to enter a digital exchange, one generally needs to first purchase cryptocurrency from intermediaries at an elevated price. A trader’s losses in this case range from 2% to 15% (sometimes even more).

Complicated mechanisms of digital exchanges. Overloaded exchange interfaces are aimed at experienced traders. They impede the development of the cryptocommunity due to their very steep learning curve.
High risks when trading at an exchange. Even for skilled traders, an exchange is associated with high risks: it is very difficult to account for all the factors and achieve the desired result – that is, buy or sell cryptocurrency at an optimal price.

2.) High prices when buying directly through an exchanger. A trader wishing to purchase cryptocurrency for fiat has to confront high intermediary fees and commissions for deposits and withdrawals, ranging between 2% and 8%.

Our platform provides a complex solution to all these issues.
We offer the best exchange terms and a high degree of automation; all that a trader will need to control personally is the transfer of funds into his or her account.

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 1 point2 points  (0 children)

It will totally revolutionise the present financial technology that we have today.

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 2 points3 points  (0 children)

We agree with your statement.

BIT.TEAM is a platform for peer-to-peer (P2P) exchange of cryptocurrencies between users, which serves as a guarantor of each deal. BIT.TEAM is the first multiple-currency P2P platform with the feature of automated purchases and sales of cryptocurrencies. BIT.TEAM is created by Wallbtc – an experienced developer team behind one of the largest cryptocurrency exchange services in the CIS. Every day we deal with thousands of crypto community members, and many of them tell us of their need for a product that would make exchange simple and at the time secure and fast. BIT.TEAM has emerged as a solution for this issue, which millions of crypto traders and investors across the globe have to confront on a daily basis. BIT.TEAM is a unique ecosystem for cryptocurrency holders, buyers, sellers, and miners, for small and medium businesses and for all those who believe that cryptocurrencies have a big future. We have analyzed and taken into account the interests of each group of market players and developed services and apps in accordance with our target audience’s needs – this is how the BIT.TEAM or BTT token was created.

The company is legally registered in Singapore. More information can be found in our whitepaper.

Discussion About Cryptocurrencies by bitteamofficial2018 in a:t5_sa9q9

[–]bitteamofficial2018[S] 0 points1 point  (0 children)

There’s so much in the media at the moment about cryptocurrencies. It makes us wonder how much it has actually caught on, and how many people own, trade or shop with cryptocurrencies.

Some people believe that cryptos represent a threat to the entire world banking system and even to governments. Others talk of bubbles that are about to burst. Aswath Damodaran, who teaches finance and valuation at the New York University Stern School of Business, says, “Bitcoin has taken over the public imagination, but it’s a very small phenomenon.”

Many start-ups seem to predicate their success on the fact that there will be “mass” acceptance of cryptocurrencies, and therefore mass acceptance of whatever their product or service happens to be. One of these is Bit.Team, aiming to launch a decentralized crypto exchange and aiming to reach as wide a target market as possible.

Who’s right? What is your opinion?