That is right that the creation of ETF will have much impact of bitcoin. It was created to avoid manipulation of bitcoin price when bitcoin can not be mined anymore or when the transaction purchasing and selling Bitcoin is pear to pear. The price manipulation can be avoid or prevent through smart contract on ETF. All have great purposes.
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It is nice questions because I was ever in trap defining the term of Digital currency and Crypto currency. There are many analogies miss perception to define and differ between Both currency. Basically, Crypto currency can be defined as digital currency as the existence is on the internet or in form of digital, but not all digital money is Crypto currency. The term of Digital currency is a term for all digital money in the internet. What makes different between digital money and crypto currency is that Crypto currency is created with cryptography technology decentralized which use Blockchain technology. In simple that all transactions in Crypto will be on every computer which uses it.
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Crypto is now still on progress to continue developed and it advertises the utilization. Some Crypto users perhaps have same problems or histories as you, but not all are solved through Crypto currency. Therefore, you might not generalize that Crypto is a win solution for everyone problems. As we know that only several countries have legality of using Crypto as means payments. The most important think now is to support Crypto and also improve our personality, not only think about the rewards.
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The best advise when the market downs is holding your coins and do not be a panic seller. Indeed that is the best time to spend and invest more our assets as the market and all value will raise further. Bitcoin and other major of crypto currency is starting grow and improving more and wider.
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This is good and happy news for Bitcoin holders and lovers, it means that bitcoin is becoming grow wider and more. It is the beginning to get trusts from local government. To me, I personally think that it will not affect the bitcoin price as long as many Bitcoin holders keep and hold on their Wallets.
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Your're right that panic sellers mostly don't do research why the market is up and down. And it contribute to make the value or market downs, it definitely makes the others investors or buyers pretty happy to purchase BTC or Altcoins from panic sells, as it potentially makes the price fall.
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It think that global disaster potentially to decrease the price of Bitcoin, as it has broken down the world and buildings. So, people needs massive funds to recover anything. In this case, many people need to sell bitcoin for its funds.
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How could you think that Crypto is danger? Crypto is a technology improvement that offers an opportunity for us. It is probably becoming danger as lees understanding of crypto itself. Therefore, before dealing with crypto it should be well understood and recognized the fundamentals and bases of Crypto.
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Altcoins price do not follow Bitcoin, Both Bitcoin and Altcoins have their own price that do not depend on each others. How do you think so? As I know the price of Bitcoin depends on market demand and supply and Altcoins is also influenced by demand and supply itself.
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Meskipun hal ini bisa saja terjadi dan diterapkan oleh pemerintah, tapi masih terlalu jauh untuk dan bahkan menurut saya ini hanya angan-anngan saja. Keberadaan bitcoin masih menjadi polemik dan spekulasi di kalangan elit dan pemerintah karena berbagai kekurangan dan potensi negatif dari transaksi bitcoin. Tentu saya juga sangat berharap ini bisa terjadi mengingat bitcoin terus berkembang dengan baik di Indonesia dan di seluruh dunia.
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It is awesome to hear it. I think it would be tremendous event ever because it is probably becoming the first time event celebrating the existence of Bitcoin for decade. It would be more fantastic if followed by other countries held such this event in Paris. Spending Bitcoin directly for purchasing probably nice to do.
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Selling properties to make investment in Crypto currency I think is not good decision because we know that is very risk. Dealing to crypto currency, it should be recognized and well understood the fundamentals and methods about it all. I personally suggest that it is better to begin with small amount of profit rather than selling properties.
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Crypto currency has been rapidly growing and it is now become well recognized in global even though it is not becoming a global currency. It is being discussed by most people around the world, the legality is most debatable about the existence of it. Regardless the legality of it, crypto currency will be a bright light for global economic.
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Pasti ada pro dan kontra serta akibat dari berlakunya kebijakan baru. Tapi kita jangan berifikir jauh dan negatif dulu, tapi jika memang kita berkompeten dan punya kapasitas untuk membuktikannya. Agan bisa melaporkan langsung donasi merit yang menurut agan mencurigakan itu bukannya sudah ada ling untuk pengaduan hal-hal yang berkaitan di forum ini.
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Saya rasa ada baiknya juga jika teknologi Blockchain digunakan dalam proses pemili karena yang saya tahu pada prinsipnya blockchain sangat transparan. Tentunya seluruh warna atau pemili termasuk para calon yang mengerti teknologi ini bisa memantau langsung proses pemilihan sampai rekapitulasi data(jika benar-benar digunakan).
Tapi kita tahu juga bahwa pemerintah masuh menkaji tentang legalitas teknologi ini sehingga ini belom diterima baik di Indonesia. Yang jelas besar harapan dan akan sangat efektif jika ini digunakan.
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This is as a consequence investing in Bitcoin, it was different form investing in gold, silver and other such real investment. The price of bitcoin is very fluctuative or volatile. Therefore, dealing investing in Bitcoin and other digital currencies should know and understand the fundamental of it, otherwise you will be regret later. Lower class such bounty hunters or tokens hunters probably can not do or contribute much to make the price stable, because the price depends on the holders of Bitcoin itself. You will influence or make the price stable only when you hold it in huge number.
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And here is my comment on this story, never think you can become a millionaire in this market when you are just another prey of the other, whales always create beautiful scenery and pictures of the future, that is not true. Play with passion, instead of playing with greed and everything we have, accumulate more experience and absolutely should not give up the main job.
What is your opinion of this story?
Every one is free to have a dream become a millionaire through Crypto currrency, this is a new trend of digital investment and it has rules as gold and silver investment. If you think that it is as dangerous investment, in fact that there are many Crypro investor get what they expect. The matter is most of they who got failure don't know and comprehend Crypto and they even regardless the strategy investing in Crypto. They can't control the emotion, the main focus is only the profit, while maintaining the assets and minimize the lose is more important.
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I am also not in that smart as others, but I try to give my opinion based on what I ever read in several source. It is probably can be an informative post for readers. As conventional currency, Bitcoin price is also influenced or effected by market demand/supply of Bitcoin itself. So, what makes its price very fluctuative?, because there is no entity control its price. It is price is effected by bitcoin holders. So, if you are holding Bitcoin now, you are one of the men that decide the price of bitcoin. If you sell it, definitely the price will run downs.
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No, it can be centralized. Bitcoin and other Crypto currency were created for decentralized forever. It aims to make the world easier and eradicate the taxation system implement by government in all countries. Government probably can use or adopt its system as some countries recently legalize Bitcoin and other crypto for payments, but it is not centralized.
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Isn't these not the purpose and goal of Crypto currency? Bitcoin and other Crypto currency are made to improve the world as better as possible. This is to keep up with the pace of technological progress and growth. The creator of Bitcoin and other Cypto probably see and realize there is a huge opportunity for creating it. In fact, these are often used in the wrong way or crime such terrorism on others. This is definitely out of expectation or from what is the main goal of bitcoin and Crypto.
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