It is know that bitcoin has made a few millionaires, but many of these people donīt have any particular knowledge of the economy nor business. Do you think that is a fair situation?
of course they deserve it. every person in this world has a right whether they become millionaire on bitcoins or in thier local money. who are we to judge anyone wealth. if they become wealthy person is not a sin as long they don't do crime or any illegal against the law and in the eye of god. just be happy that they become rich. and on my side they will become my inspiration on life. being born as poor is not mistake but dying poor is our fault. cheers
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
i don't believe on hacking and mining bitcoins will make the bitcoins getting low. as you remember last year november there was fast increasing on bitcoins from 14k$ per bitcoins up to 20k$ maybe due to huge demand. and as a holliday season some of holders maybe converting it that may affect of downing bitcoins. but i never get worried about this dipping. it is a natural happen or it always happen on crypto. hold hold hold just relax soon it will rise up again .
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
as i see the price for bitcoin every year continue rising although sometime deeping but it will reach up again. Like others i do believe that someday my investment for bitcoins will make me wealthy person.
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
in my opinion if bitcoins has stable price i think it will not be popular like what happening today...because it only looks like fiat currency. people got the attention for bitcoins because people believed that they will earn big profit in investing for bitcoins. i personally got interest on bitcoins because of the volatility . i do believe i can make my profit double tripple or more.
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yes it was possible that bitcoin will be recognize on all country. day by day more people are willing to know how to use bitcoins. soon bitcoin will be used regularly as digital money.
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I ran across this video a while ago on what can happen to you if you don't pay your taxes. At some point during your Bitcoin career, the cryptocoin will be converted to fiat and that's how they will catch you. https://www.youtube.com/watch?v=hf2fNEUPjQw the video was not available... in my country paying tax from bitcoin earning is not yet implemented... on my own if my government implement that law then there's no reason not to pay taxes. it will help to benefits my country and everyone need to follow the law to prevent being penalies so no problem on my part.
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I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
i can say it's both a currency and also an asset. people buying crypto and use it for trading and investing they can make profit from this it also use for payment. if you hold crypto it's an asset and once you trade it it's called currency.
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Hello. I started trading a few weeks ago and i lost about 80% of what i invested (I invested in TRON, Ripple and Cardano). I started with 100 dollars and now i only have 22 to invest. I know its very little but im from Portugal ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) and don't have more money to invest. Can someone please give me some insights or strategies? try to buy small value of coin and hold it until reaches high. doing trading is not for a short period of time you also need patience on trading. you have to focus on market if you doing trading never panic sell on what you hold because its normal. you also have to study what coins are you going to invest offcourse you also need good luck
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in my opinion big companies accept bitcoins because of popularity now. and maybe they notice that cryptocurrency has big potential to earn. since bitcoins has a volatility maybe they also believe that the value of bitcoins will reach more higher in the future. we are now in a digital world step by step we are using digital payment and bitcoins is a digital / virtual currency.
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i am from philippines i'm just wondering why philippines is in the last although bitcoin is very known in my country and we also have own exchanger in my country. bitcoins really accepted here. bitcoin is very poppular here and known philippines consume big volume of bitcoins. and according on the tittles 30 countries then philippines on the 31 place means my country not belong.
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What is most profitable to invest for 5 years ?BT or ETH
i think still bitcoin is the most profitable than ethereum. bitcoin is very known and most useful everywhere. bitcoin is the king and the ethereum is the queen.. they both profitable but i think no crypto will beat the bitcoins when it comes on market. bitcoins is being use for most of countries.. well lets find out after 5 years if my prediction is failed i still believed on bitcoins. although i also invest some on ethereum
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Hey everyone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them... Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way! Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else... in my own opinion we cannot blame people who do panic selling their bitcoins. people have own head thats why they have different decisions to make. and i believed most of them do panic sell maybe that is there last money they affraid of being lose on bitcoins. it's really hard to predict price of bitcoins because of his volatility whether high or being down.
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
i believed billionaires also involved in cryptocurrency maybe they are one of the big whales in market. they have more opportunity to buy more volume of bitcoins. millionaires and billionaires become more and more richer. rich people always set thier minds they won't missed the opportunity to get more profit. and they also invest not only on bitcoins or crypto they have a lot bussines that's why they became millioner or billionaire.
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hello madam/sir i would like to apply for signature campaign if any space available thanks
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hello manager can i still join social media bounty? facebook or twitter thanks
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hello manager i would like to apply signature campaign, facebook and twitter bounty done change my avatar and signature now if any space available thanks #proof of joined bitcointalk username:merlyn22 forum rank : hero eth add : 0x0424cd86B03A672Ff4de33d01D23344b2305F641
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Thank you manager for having me to be part of this campaign and i am happy that it was successful. I got my payment recieved hoping to work again on your next project glad found a nice manager. Have a nice day god bless 😙
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Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
i don't believe that this is the end of bitcoins despite of big deep last dec . its a nature of bitcoins volatility. and for me no one knows what will happen for bitcoins future but i still believe not this time i still trust bitcoins...
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I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
i think our government will not ban bitcoins but they will put tax on earning bitcoins. i won't disagree if bitcoins help our economy to become more richer... but some country ban bitcoins its beacuse they think bitcoins are being use by iligal transaction or it may be big effect on banking income.
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sometimes you have to sell bitcoins mostly if we need money...personally i do buy low bitcoins and sell high..this is the way i feel my profit from trading... we cannot predict the price of bitcoins holding for long maybe risk or maybe good.
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