I constantly here people say " Only invest what you can afford to lose" Well no matter where your wealth is it could crash.
-Invest in USD- USA could collapse and experience mass inflation making your dollars nearly worthless You might not see those situations in your life time, so do not need to worry about that.  -Invest in Bonds- Government could collapse making your bonds worthless
It depends upon where you stay, if you are in a volatile environment, then it is much riskier, but in normal countries they will have some fundamentals. -Invest in real estate- Housing prices could crash, natural disaster could hit and insurance company could go bankrupt Have you heard any insurance company going bankrupt other than bad policies by the management. -Invest in metals- prices could crash, asteroid mining could collapse prices The price of doing that will be astronomical, just imagine the initial cost, the price will not drop even in that case. Your money is never 100% safe no matter where it is invested.
This part is true, your money is not safe 100% anywhere, even if you store in your house, someone can steal, natural disasters as you mentioned , anything can happen, if you store in a third party, it can go bankrupt by the bad policies of the management. Yes, and if he has got the same mentality with each and every investment surely he isn't fit for Cryptocurrency. What he mentioned were all with some form of negative mind. With bitcoin the network success itself upon trust. When one lacks the same he isn't worth to be into cryptocurrency anymore. |
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Each and every user is in the urge of experiencing a bull market. This is all because of the price bitcoin reached earlier, no one expected such growth, and when it happened users believed it'll grow big further. The same lead to missing of the opportunity profiting big. Now everyone expect similar growth so that can benefit out of the same. Newcomers never expect suddenly and majority were the users who missed it badly.
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I think we are over demonized gambling and i think gambling is not a disease. We can choose to be addicted to food and drinks does that make them diseases? I strongly believe that they are still many people that are gambling in a healthy ways.
There is nothing as a healthy way of gambling. It has got good as well bad, and the same happens in relation to the limitations that one sets for themselves. Addiction will not happen on its own. This happens when the user is greed or wish to make a big earning in a much shorter time period. |
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There is notting wrong for bitcoin to do too well in future and if in 2023, bitcoin get to $164,000 or above I believe it is a welcome development and many of us that has been holding our coins will definitely benefit from it.
Such form of development will surely get the attention of people and are much awaiting for such a growth holding all the assets with patience. A massive adoption could help with a wild growth, which we experienced with the previous price pumping. Any form of growth and fall could happen we need to be ready to face it and get the best through the same. |
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We cannot predict the market, we don't know when the real pump will happen. According to the current situation the price is in fluctuation mode so we can expect the pump bit it will take long time. Till that wait with patience and hold the coin.
As stated the market is completely unpredictable, and the current scenario of the market assures with the price pumping without any form of prior indication about the time period by which the pumping of price begins. As it is getting dump in value, soon can experience the price pumping. |
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I don't find anything getting disturbed just through the ban of bitcoin as well other cryptocurrencies. From my personal view on the economic suffering of countries, bitcoin analysts who are good enough understanding the goodness of bitcoin have suggested countries like Zimbabwe to adopt bitcoin which will help in overcoming the economic collapse. In this way it'll have some impact positive side when adopted and nothing happens if they didn't adopt it.
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Bitcoin hasn't got matured to be used as a currency, but it has got the importance as a global currency. To be mature as a currency it is supposed to travel long, and this can be determined only after certain time period without which it is not at all possible to come up with a perfect solution on this.
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The market is down, and experts predict for a fall in value of bitcoin. The predicted fall is to be around $3200, same time there is small percentage of growth happening even when the market is highly volatile. This growth is the one that is expected to make a big change over the bitcoin price in the future.
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At present accumulation of bitcoin is happening around and the same is being done by the whales. This has made kept the market not moving forward, but staying within the $4000 margin. Maybe it'll break the barrier someday by which we can experience the growth, until then the same market scenario prevails.
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A lot of people are excited again to witness the new smartphone flagship of samsung. Few hours from now and they will reveal it.  One of the best rumor is that, S10 Smartphone will be equip by a private cryptocurrency key storage, and it makes speculators think about that much. https://www.coindesk.com/samsung-galaxy-s10-includes-private-crypto-key-storage - here’s some link to More about this rumor. I think its confirmed, and honestly it made me goosebump because it looks like most of the big companies are now supporting cryptocurrency. This is the beginning, we will benefit a lot from this market. This is so big that crypto will be increasingly accepted by large groups so we are too lucky to have joined Crypto for a long time so we are very prepared if Crypto has become a very common thing for transactions. With this news, it is likely to have an impact on prices because the bigger the news, the more investors will enter crypto. I'm not sure whether this will make an impact on the price of bitcoin or other cryptocurrencies, but truly we can be proud of this community. Because, very few percentage of people have known about bitcoin, and also they have used it similar to real currency. |
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The bitcoin market at present is under control, because it hasn't moved much higher or lower. The variation is found within certain limit. Now this has been getting closer to $3900 which doesn't about the bear market end. Cryptocurrency network is completely unpredictable and the same could make a big change in the market turning bear trend to bullish.
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If this is an official statement then this could have got trended, but from the post I feel it to be an statement revealed with data proof. Already with a big number of users it can make a big change over the entire cryptocurrency market. Possibly this will lead to a new level of adoption.
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Going cashless isn't that easy, before that more issues need to be taken into consideration and well researched, because with cashless economy everything happens online through the networked process. Here, a single security breach could lead to a big loss. It can be of data or funds. Lost is lost, though it is recoverable it is a big risk.
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That is a very good development for TRON, when I first saw the idea behind tron, I fell in love with it and I make sure I purchased a lot of it even during their ICO stage and I still own it. The hard fork is a good way of getting people to buy tron and also the upgrade is something good happening in the community, though dev should come up with a better way of upgrade that should not lead to a hard fork. That's good to know about the investment on tron during its ico stage. The same investment made could be getting you a much bigger profit. For a long I haven't seen any good growth against the value of bitcoin. I kept hold of it for long trying to buy bittorrent, fortunately missed it. Further went with selling which gave me a 0.1btc loss within a weeks holding. This has given me a view that it is a long term profiting asset. |
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Today some positive growth has been got experienced on the market, though it isn't that big what we experience in the market is a necessary growth for the network at present. I believe this to be the gradual growth of bitcoin, also most of the top listed coins have shown small growth percentage.
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Large scale accumulation by the whales in the market has kept the market stagger within limits not showing any good signs of forward growth. Sudden release of huge funds to the market lead to a drastic change in the market capital and the same got reflected over the price of bitcoin. Once again the accumulation has begun, which has made price to be stable without big pumps and dumps.
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Being a technology entrepreneur, he's good with his decisions. These people have made themselves billionaires through technology. Upon the same users these people will surely prioritize the technology. Though bitcoin is a succes through the technology he points out the growth of blockchain and its effective use over paper money and nothing on cryptocurrency.
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Look at that bitcoin has been here for 10 years and the price has been great so far,
I am just curious about how many people have been using bitcoin for about 10 years,
People who have been there since Bitcoin started and still in the crypto right now?
Most of those people who have been there since Bitcoin started probably now enjoying their riches. Most of them are now millionaires and some might be billionaire already. I'm sure that Bitcoin changed their lives 360 degrees. Even now it isn't not that late, for the effort you put you'll be provided with good return. Right now the first set of early adopters have benefited good out of bitcoin. I believe we're the second set of users, and expect to grow big at the earliest as adoption is helping in wide spread which is necessary for growth of the network. |
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Blockchain Technology does facilitate the game, especially for those countries where they are prohibited.
Blockchain exist and anyone can build a gambling site using the blockchain, it does not matter if you are in a country where it's prohibited because the government cannot stop you from using the blockchain but you are of course subject to risk of getting caught. it's a big breakthrough in the gambling world as people find it easy and hence it gives more entertainment to them. Same as the entertainment provided it also provides with the risk, another thing now blockchain is getting more common on the gambling world. The same is being used as an opportunity by the scammers developing some lottery based and casinos with the tagline of blockchain functional. |
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