The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Bitcoin and Cryptocurrency  EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Bitcoin and Cryptocurrency  EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Bitcoin and Cryptocurrency  EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Bitcoin and Cryptocurrency  EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Bitcoin and Cryptocurrency  EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Bitcoin and Cryptocurrency  EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Bitcoin and Cryptocurrency  EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Bitcoin and Cryptocurrency  EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Bitcoin and Cryptocurrency  EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Bitcoin and Cryptocurrency  EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Bitcoin and Cryptocurrency  EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Bitcoin and Cryptocurrency  EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Bitcoin and Cryptocurrency  EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Bitcoin and Cryptocurrency  EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Bitcoin and Cryptocurrency  EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Bitcoin and Cryptocurrency  EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Bitcoin and Cryptocurrency  EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Bitcoin and Cryptocurrency  EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Bitcoin and Cryptocurrency  EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Bitcoin and Cryptocurrency  EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Bitcoin and Cryptocurrency  EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Bitcoin and Cryptocurrency  EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Bitcoin and Cryptocurrency  EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Bitcoin and Cryptocurrency  EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Bitcoin and Cryptocurrency  EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Bitcoin and Cryptocurrency  EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Bitcoin and Cryptocurrency  EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Bitcoin and Cryptocurrency  EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Bitcoin and Cryptocurrency  EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Bitcoin and Cryptocurrency  EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Bitcoin and Cryptocurrency  EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Bitcoin and Cryptocurrency  EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Bitcoin and Cryptocurrency  EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Bitcoin and Cryptocurrency  EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Bitcoin and Cryptocurrency  EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Bitcoin and Cryptocurrency  EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Bitcoin and Cryptocurrency  EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Bitcoin and Cryptocurrency  EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Bitcoin and Cryptocurrency  EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Bitcoin and Cryptocurrency  EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Bitcoin and Cryptocurrency  EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Bitcoin and Cryptocurrency  EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Bitcoin and Cryptocurrency  EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Bitcoin and Cryptocurrency  EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Bitcoin and Cryptocurrency  EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Bitcoin and Cryptocurrency  EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Bitcoin and Cryptocurrency  EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Bitcoin and Cryptocurrency  EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Bitcoin and Cryptocurrency  EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Bitcoin and Cryptocurrency  EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

    Bitcoin and Cryptocurrency

    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


    Posts : 9679
    Join date : 2014-02-23
    Age : 66
    Location : රජ්ගම

    Bitcoin and Cryptocurrency  Empty Bitcoin and Cryptocurrency

    Post by කිත්සිරි ද සිල්වා Fri Mar 10, 2023 1:47 pm

    The question of whether Bitcoin and cryptocurrency are a boon, or a bane is a complex and highly debated issue.

    Here are some key points to consider:

    Boons of Bitcoin and Cryptocurrency:

    ·         Decentralization: Bitcoin and many other cryptocurrencies are decentralized, meaning they are not controlled by any government or central authority. This can be seen as a benefit because it allows for greater transparency and independence.

    ·         Anonymity: Transactions in cryptocurrencies can be conducted anonymously, which some people may see as a boon because it provides privacy and security.

    ·         Accessibility: Cryptocurrencies can be easily bought, sold, and traded online, making them accessible to anyone with an internet connection.

    ·         Potential for profits: Some people invest in cryptocurrencies with the hope of making a profit if the value of the currency increases over time.

    Banes of Bitcoin and Cryptocurrency:

    ·         Volatility: Cryptocurrencies are highly volatile, meaning their value can fluctuate dramatically over short periods of time. This can make them risky investments.

    ·         Lack of regulation: Cryptocurrencies are not currently regulated by most governments, which can make them more susceptible to fraud and scams.

    ·         Limited acceptance: Despite the growing popularity of cryptocurrencies, they are still not widely accepted as a form of payment by most merchants.

    ·         Energy consumption: Mining cryptocurrency requires a significant amount of energy, and some studies suggest that the environmental impact of this energy consumption could be significant.

    In conclusion, whether Bitcoin and cryptocurrency are a boon or a curse is determined by one's perspective and priorities.

    They have the potential to provide benefits such as decentralization, anonymity, accessibility, and profits, but they also have risks such as volatility, lack of regulation, limited acceptance, and energy consumption.

    Before making any investment or financial decision, it is critical to carefully consider the risks and benefits.

      Current date/time is Sat Nov 09, 2024 5:02 am