I am very happy to see people that support Bitcoin, I have been reading lately about the Twitter CEO, Jack Dorsey. Not more than few days ago that Jack Dorsey said Square is building a new division that will focus on building decentralized finance (DeFi) services that utilize the Bitcoin network. He believes in Bitcoin and how it can be the native coin of Twitter. Referring to Bitcoin as a native currency of the internet, Dorsey described opportunities to integrate BTC into existing Twitter services including commerce, subscriptions and new features such as Twitter Tip Jar and Super Follows.
The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives. He noted that Bitcoin is one of three key trends for Twitter’s future alongside artificial intelligence and decentralization. “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it,” he said.
Dorsey emphasized that Twitter is not alone in its commitment to crypto, citing aggressive digital currency development by social media giant Facebook, which expects to pilot its Diem cryptocurrency later this year. But unlike Facebook, Twitter will one day focus on BTC as a native internet open standard. Dorsey stated:
“There’s an obvious need for this and appreciation for it. And I think that an open standard that’s native to the internet is the right way to go, which is why my focus and our focus eventually will be on Bitcoin.” This is one of the man in the world that believe in decentralization and appreciative design of Bitcoin. Just by seeing those people supporting bitcoin makes us feel safe and happy. They bring great influence considering how big of an individual they are. Sooner or later, as more people gets to know about bitcoin and end up trying it, we will see how much dominance bitcoin will have over fiat currencies. For sure, these people have some plans with crypto up their sleeves and it is for us too choose if we'll ride together with them as they bring it to the moon or choose not to believe because there will still be probabilities that they will soon do something that will bring bitcoin down. |
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Some folks despite the visible positive impacts of cryptocurrencies and reviews from Jack Dorsey, Elon Musk, Michael Saylor and other popular crypto advocates have refused to change their stance on it. They don't just oppose Bitcoin or other cryptocurrencies but they wish it would die. For example, Buttcoin is a reddit forum where Bitcoin is "crucified" daily. In that forum, Bitcoin has been called "a scam", "a negative sum game". Also, David Gerald who is an anti-crypto activist has publicly cleared his hatred for cryptocurrencies and blockchain technology. According to him, “I think the future of cryptocurrencies is that it will become increasingly regulated and normalised. People want regulation of this because they want to know where they stand and what they can do with this sort of thing. I think that speaking technically they are junk-quality assets. They are not backed by anything they are volatile as hell. They have a price because people will pay for them and that’s all.”
My Questions now are, Why do some people hate cryptocurrency so much? What's their back story? Did they ever lose a huge amount of money in cryptocurrency?
For certain, what drives their hate towards bitcoin is envy and regrets. They are just too disappointed with their life that it hurts them inside seeing many people having their lives getting better with the help of bitcoin and other cryptocurrency. They push themselves to force other to go down with them as they feel the regret of not believing on bitcoin when they had the chance to do so before. It can also be because they became too complacent with their investment and ended up losing everything they have as they fail with the huge risk they took and now they want others to experience it too. |
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Original plan was to have zeta by now. The schedule got somewhat disorganized  Just imagine how chaotic and how scary it is to live in this world if ever what's in the picture is real. Though it has a very low probability of being true, we are still aware that China has planned all of this all along. Just take a look at the cases being recorded in their country compared to others, they still have very few cases regardless of having a new variant. We all thought things are getting better as the vaccine arrives but little do we know that the worst is yet to come. This pandemic is more than just a pandemic considering the evolution of it as it spreads even more in different parts of the world. |
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I have seen a lot of opinions about not buying altcoins and always holding bitcoins before registering.
But is there a kind of data to support this? Please don’t just experience it----every time Bitcoin falls, there will be a new ATH to explain.
You are always free to choose between the two actually and it is for you to decide also if you are going to believe on that data you may saw in the future. For me, investment both in altcoin and bitcoin can both be deemed profitable. It is by your choice of altcoin and your timing in bitcoin that would define the income you get from it. Buy low on bitcoin and sell high, likewise with altcoins. It may even be considered a smart move to diversify your investment as long as you are able to choose a good coin aside from bitcoin. Just be smart and wise upon picking which altcoin you are going to invest in. |
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Ethereum follows bitcoin's price trend always so trying to learn where its price is going to end up next would depend on bitcoin's price change also. So far, Ethereum has been going down but not that much yet there are probabilities that its value will increase on the next few month. It will be ideal to buy Ethereum right now since its value is not that high yet and as you hold your investment in Ethereum, you will surely end up gaining benefits because the plausibility of its value increasing is much more higher than having its value falling.
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Some say cryptocurrency is a low risk investment but high return and also does this digital currency have a fundamental value so that it is feasible for investment?
What do you think ?
Those who said those words to you that cryptocurrency investment is low risk and high return doesn't really know crypto that much. We are all well aware that investment in crypto goes as the higher the risk, the higher the plausible return. If you want to earn big in here, you should have the guts to invest a lot of money. On the other hand, committing such acts requires strategic and wise planning so that you wouldn't end up losing a lot of money. You have all the freedom to invest as much as you can but it would be more advisable that you only invest the money you can afford to lose. |
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I just opened Facebook and read a short, but meaningful post. in the post it says A mountain of gold would not be enough for a greedy person.
But, a plate of food is enough for a grateful person
I ponder when I do daily trading in the crypto market, I often get profit even though it is not too much, But I am always annoyed and irritated if the profit I get is not on target. I forgot to be grateful and hopefully, I can be a grateful person even though I get a little profit from crypto trading. Learn to appreciate even the smallest things in life and you won't have a hard time chasing happiness. In crypto, we all know how much of a rollercoaster ride it is for the price changes due to its volatility as well as with our emotions from the achievements and losses we get. Learn how to control your emotions always, as to what they say, do not let the storm outside affect your peace inside. You will always have another chance to get more profit on another day if ever you fail to do so right now. You can regain what you lost just make sure you are being strategic and wise. |
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There are a lot of reason why there are many people saying that crypto is way better than traditional money. One thing is because crypto offers you financial freedom. Unlike crypto, traditional money is centralized which means it is under government's control which makes taxes and extra fees when spending exist. When it comes to crypto, it is obviously way more convenient as it exists on a digital wallet and transactions can even be made without any barrier with the currency you are using cause when it comes to traditional money, sending it to another country would require you to change its currency which will change its value as well.
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I first heard about it through my classmate and all I ever knew about it is that it is being used in online gambling since he is involved in such. He told us about bitcointalk afterwards and said that it has a potential of bringing us a lot of money in the future. We listened to him that's why after just a few years, we got ourselves into bounty campaigns and it was real, what he told us about the profit which exceeded our expectations. We're forever thankful for him as he gave us the opportunity to learn about bitcoin at a very early time. Now we're still investing in crypto and earning a lot still.
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What more can we expect with the data that comes from the government that wants everyone to get vaccinated? Obviously it will more likely be a biased one and also a manipulated one. No matter how hard the government tries to force everyone to get vaccinated, there will still be some who would choose not to. I hope at some point, they will respect their decisions as long as they are following the safety protocols they implement. Everyone has their own opinion about the vaccine nevertheless, their free will should not be removed neither forced just because they think it would be for the betterment of all even when it's not.
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I think those people in the forum who plagiarize are just too stupid or less knowledgeable about crypto stuffs that's why they just simply choose to steal other people's intellectual property. Yet there are instances here in the forum wherein you know in yourself that you are not plagiarizing but still you end up getting accused that you are. Most of the time, you cannot complain about it because they are just doing their work nevertheless, there is only a very low probability that you would end up using the same words and ideas from someone so just keep on posting related and informative stuffs here as much as you can.
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With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
The price movement of Ethereum and Litecoin, just like other crypto, is very much unpredictable. Most of us know how trends works and we should already be aware of the things we should do whenever we witness one. Trends can easily be broken and it can cost you a lot of money to if you will get persuaded by such. Just keep an eye on the price movement in the market and you will know what to do next whenever you see a change in their value. Ethereum and Litecoin are top coins so in terms of investing on it, it will always be worth it as long as you are doing your part as an investor who watches over his investments. |
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Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
I actually don't recall any situation wherein I bought a shitcoin and kept on pursuing it yet I wanna share my view on how you can understand when you are making a mistake. One of the obvious sign that you are making a mistake in your investment is when you are losing more than gaining. Another is when the people around you are already warning you yet you still choose to insist on keeping up with your investment on that certain shitcoin. As signs or hints that what you're doing is a mistake and you still kept on going, later on you will surely regret and lose a lot of money and at that moment, it would be crystal clear to you that you made a mistake. |
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I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
Actually, bitcoin's price right now is playing on $30k-$35k which is a good time to buy since the all time high of it is too far already. We can hope for the best but at the same time, we should still keep an eye on the market and watch the price movement to see if another bull run is about to take place or not. It is the best time to buy and hold right now since bitcoin's direction is only going upwards and there is a very low probability that it will go down hard once again. Although anything can happen, let us still hold on to our faith with bitcoin and keep on holding. |
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When it comes to protect your bitcoin from volatility, as to what has been mentioned, there are a lot of ways you could use to achieve it. Nevertheless, just by having the fact that bitcoin's value is volatile and will always be changing, we all know we have no choice left but to strategize upon making actions wherein we can reduce the harm that the volatility brings to our investment. At some point, we cannot really protect it from volatility hence we can keep on holding and regain our losses once the price returns to its stable price or even exceed which will give us benefits.
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Actually, we cannot really be certain about an altcoin we are currently eyeing with regards to going high. Almost all of the top altcoins we have right now started from the bottom and grown very much due to the support and trust of many. Maybe you can use it as a hint that a certain altcoin will soon explode through observing if many people are patronizing it. On the other hand, pay attention to bitcoin's value too because it happens almost every time that it affects the value of altcoins wherein when bitcoin is pumping, altcoins will also do as well.
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When a crisis arrives, central banks usually say that they will do whatever it takes to solve it, which usually means ridiculous amounts of money being printed a large amount of debt being bought. The traditional banking system "multiplies" the effect as a result of the fiduciary system (you can lend more than you have).
With the new digital central currencies such as yuan, euro, dollar,... anyone could potentially hold an account on a central bank skipping the intermediaries. I think that this will have a negative effect on the ability to cope with further crisis by monetary policies. The risk should not be ignored.
Maybe some of us would think that it will somehow destroy the balance which will lead to having monetary policies getting messed up more. Banks, regardless if it is fiat or digital state currency, will still be under the government's control which means it is far from becoming a recognized cryptocurrency. We can call it digital money hence it is not the same with cryptocurrency. On the other hand, the imbalance caused by the innovation in the monetary system will surely face crisis at the beginning but sooner or later, things will get settled down and the balance will return as well as the peace with regards to the issue. |
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Once again the market has been manipulated after the statement of Elon Musk "Tesla will Re-accept Bitcoin" and this way based on the volume of accumulation one day bitcoin network might go completely into the hands of centralized powers.
It needs to be allowed for its real growth. Quite often these guys manipulating the market looks like an asset that doesn't have its own value, but depends on someone's words.
It is not only the influence of those big people on why bitcoin is starting to lose its importance. It is also because of how people view bitcoin nowadays. They are doing their investment wrong most of the time and they rely on the views of people like Elon Musk. It has been a long while already ever since Elon entered crypto and made a huge impact in it nevertheless, all of this should already be over as we get to understand what he is trying to do and how selfish he really is. Make your own speculation, listen to crypto experts, not on billionaires that are planning to make bitcoin centralized. |
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I must apologise for not being ill, and not even having a sniffle or a mild headache. I've also just enjoyed the taste of a perfect avocado, and a nice piece of steamed salmon. I feel really guilty, as I am 79, and I haven't been vaccinated for well over 60 years. I don't wear a mask, except when I am using an angle grinder to remove rust. I don't use sanitisers, but I do observe all the traditional methods of personal hygiene. I don't social distance, and I visit several supermarkets and public venues every day. I sometimes go to a naturist beach, and I don't even wear a condom. I meet a lot of unmasked truck drivers and other people during the day (not on the beach  ). I haven't met anyone that has had anything other than minor inconveniences as a result of a covid infection. The number of people that I have met who have had significant problems as a result of the vaccine is well into double figures, and several have had to take a week off work. We owe no apologies for those people who let their fear take over the logic about the virus. We all know how much the government has made the virus look very evident all over the world so that they can scare people into taking the vaccine. Just take a look back at the history and see how long it took for some vaccine to be made as well as how hard it was that some illnesses has no vaccine up until now. It will show off, how detrimental the vaccine really on the next few years and I hope we get to live a longer life with the decisions we made. |
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It usually depends on what you can consider bitcoin is. On my own, so far I consider my bitcoin as an investment and I pay good attention to price changes because through, I may know the best course of action towards my holdings. I do not see it as an payment form although it can be since the value of it changes constantly. Maybe if I can see the value of bitcoin stabilizing and going higher, i might use it up as a payment form for convenience and to practice this privilege bitcoin has granted me upon.
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