Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
with the advancement of the times and technology I think maybe bitcoin could be a currency recognized by the whole world and that investors hope in investing with bitcoin |
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I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
bitcoin and the result of the crime I think I've heard and read probably because bitcoin can be used by anyone and anywhere without any restrictions on the rules governing its users, all back again to the purpose and intentions of its users for what the result of bitcoin |
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Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
it is true your opinion bitcoin always viewed negative and bad by the state that deny the existence of bitcoin in the country, for the problem of legality I think still need process and time long enough |
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Silly question right?  Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks. Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell. Some like: * death... obviously * house burns down along with hard wallet * one can accidently loose his cold storage or hard wallet * maybe other you figure out and I add them So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks? UPDATE: I started this discusion because I can't see a decentralized solution for that, most of the centralized ones are largely known (wills at layers, online wallets and so on) but do not meet the security criteria as still imply a trusted party. Better simply handover the private key directly to the inheritant IMO. What I want to determine is if it IS realy a concern for the comunity or not, and if yes than we can contribute all together to the creation of a such product. But again I realy do think it should be built decentralized and trustless. I think investors are already considering and planning ahead of what happens if the owner of the investment dies later, maybe they've made some sort of lock code stored and told their trust person |
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I was wondering, if you had an opportunity to sell your stuff alike cars, pc, homethings and etc., would you sell it for bitcoin (or maybe other altcoin)? The main question is to see, are you ready trade stuff for cryptocurrencies and how do you imagine it?
your question is too specific I think all know that the risks of investing in bitcoin is very high even though the resulting large enough I think it is necessary to do research and observations that are quite clever in planning investment with bitcoin |
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I want to make some investment in bitcoin. but considering the market condition, I am confused that what percentage i should invest in BTC.
Could you please suggest the percentage I can invest in BTC safely? The rest of my investment will be placed in alt coins.
you should do more research first if you are not sure and believe in investing with bitcoin, you do not see the market price charts in the day or the near future see the yearly bitcoin market chart |
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everything that will experience the development and success there will be a challenge one bitcoin where bitcoin will progress and popularity in the investment must have a lot of bad news received |
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The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.
For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)
So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"[IMG]
"China will jail anyone who trades crypto"[IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[IMG]??
Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.
Yellow journalism at its best.
Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?
India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.
From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.
The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.
for me the most important thing is my belief and confidence in investing with bitcoin I have already benefited from the investment for me to take advantage of the opportunities available to gain our investment advantage with bitcoin |
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Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
it is true that what you are saying bitcoin is the pioneer of the future currency by taking advantage of technological progress and the development of the times, and it is possible that all future currencies will switch to using bitcoin as the prevailing currency |
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What is your opinion as per Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
if bitcoin ends up taking advantage of current opportunities to benefit from investing with bitcoin, I do not think anyone can be sure what bitcoin will be in the future |
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Hello guys, I have a friend who told me about BITCOIN MINING. What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume. I'm not even familiar with it , so I'm probably asking for advice on for those old miners. Electricity here in PH is so expensive. Do you have some tips and tricks? Thanks in advance guys !  if not worth the results why there are still many miners who do bitcoin mining if it is not worth it there is still a way of investing with bitcoin requires a light cost but big risk and long time |
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Reasons why #Bitcoin is droping:
- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative
This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this
in my opinion the bitcoin is increasing if we see the graph annually is not the daily price chart and of course the investors also already know the risks of investment with bitcoin unstable prices |
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Hello,
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
my opinion bitcoin is made is to welcome the development of technology and the development of the times and bitcoin is the pioneer of digital currency the main idea of bitcoin is a place of investment by using the development of the era and technology it in my opinion |
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Once you decided to invest in Bitcoin or Altcoin, you have to determine what kind of money making strategy you are into? Do you only choose one to invest or put the bet on both?
If you want to make instead of losing, you have to find out exactly what you are investing in, what technology does that crypto use, what its goals are, what the company stands for it, what the development strategy and the tactics are... When you actually invest, go for the low prices, invest for long-term, and do not be afraid of falling prices.
If you decided to surf, you have to go through many failures before learning how to deal with those “dolphins”, “sharks”, and “ninjas”. Along with practical experiences, you have to take part in chart analysis courses and practice that knowledge by reading news or expert’s analysis. The last thing you needed is a little bit of luck to actually gaining a few dozen percentages of profit.
It is not easy at all to making money from this crucial market and you will not make any if you just sitting there waiting for the right price.
From my own experiences, you should divide your capitals into 3 parts, one for long-term investment into a crypto that has a “clear and bright” future; another for surfing; and the last one as backup money for an unexpected situation. For example, you have spent all the money surfing, and suddenly the next day red is all over the Exchange. At times like that, you can use the backup money to continue to surf. For my case, I bought XRP at the price of 11500 Sato thinking it has already at the bottom. But the next day, it continues to fall to 9400 and thanks to my backup plan, I still have some money to buy. This plan has saved me many times or at least help to reduce the losses. Anyway, these are just my experiences in Coin trading and I cannot ensure things will be the same for you. After all, this is just a small rock from that mountain you are about to climb.
for the moment I invested with crypto by following a bounty campaign that earns little rewards and the result is not bad enough to add to the economy in my life |
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Greetings! I am planning to invest $5,000 in cryptocurrency but I do not know how to invest. And where should I invest? - in Bitcoin, in alternate cryptocurrency, or in ICO? I’m asking for an investment strategy for professional traders or investors out there.
if you have the capital it is very good you can invest with trading buy hold it sell if you already gain profit or by doing bounty campaign for profit |
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after long time bitcoin price start to recover from last month hopefully it will contineu in possitive site
you are very right bitcoin started creeping up this month and this is a fresh breeze of investors who have long waited to benefit from their patience investing with bitcoin |
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https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861"The Bitcoin Standard" by Saifedean Ammous, looks pretty good. This guy has the right vision, he isn't a shitcoin pump and dumper like most people in the space which is always a positive. Seems to explain why big blocks is a failure too. I would be interested in buying this if anyone can give me some more data. Reviews look good but I want some people in this forum to give me some cliffs on it from the perspective of someone that actually owns bitcoin and has been here for a while. I think all the information and news about bitcoin is widespread and we can understand bitcoin by reading articles that have sprung up and bitcointalk is also one of the containers to learn to invest with bitcoin |
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How to Secure Bitcoins?
which can secure bitcoin is our own I change the password periodically and I have a very personal document record and avoid sites that we do not know |
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:)Countries are divided into 3 groups: those who ban bitcoin, those who will regulate it strongly and those who will give complete freedom to development. The second and the third groups us well be satisfied with. This majority. It's enough to survive.Therefore, it is not necessary to look for negative outside of us. ; we all certainly hope that all countries do not forbid bitcoin and bitcoin will become more developed in anticipation of the future I take advantage of the smallest opportunity to gain profit because we can not know the prediction of the future |
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Recently many people who bought bitcoin years ago find themselves sitting on an untouchable bounty. Those lucky guys who purchased or mined just a few bitcoins at the start of the age of cryptocurrency nowadays can boast about their savings. However, some of them are now in a painful limbo，because they can't remember the complex security passwords needed to get to their bitcoin wallet. Unlike a bank, bitcoin has no central hotline to call for a reset. This is really a bad thing，it's like forgetting a bank account password, but there's no bank to call to reset it. That money is lost forever. That might be a lot of money at today’s exchange rate. Actyally, this bad thing happened to me last year, and my friend recommend this website： http://recovermybtc.com/ to me，she said she has retrieved her bitcoin wallet password through it，and I download this software，it really works after I used it，and you need to pay some service fee to them, but it's not high.Somebody who lost their bitcoin password can make a try, good luck. a good opinion and input for investors who have forgotten to remember the key code of their wallet, we should be more careful and more clever in storing and remembering something very important |
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