I think at this point, as the Cryptocurrency is growing vigorously, we have enough intelligence to understand some of the bitcoin's essence. Politicians have also taken Bitcoin into their legal forms of payment and sale. We still have to accept bitcoin as a currency of the world.
I don't think bitcoin can be really hard to understand, it is about giving out the proper education. I believe knowledge is an essential aspect of all endeavours of life, without adequate knowledge people will find it very difficult to venture into any enterprise and the same applies here to world of crypto. |
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Amazing topic for us all to think about, the explanation on debt was very informative and comprehensive when one takes time to read. I believe people need to understand that theories behind the various terminologies in economics always have a very rich history and explanation that is backing it.
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Bitcoin is already a digital currency that is widely accepted by all crypto enthusiasts. I don't think there would ever be a time where you would see printings of bitcoin denominations on a piece of paper to denote a particular amount of bitcoin. I believe this has always been the case, it is strictly a digital currency not a physical fiat currency.
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Cryptocurrency exchanges are much faster, cheaper. With banks there are alot of processes before transaction will be finished. Also there is more privacy in cryptos as it is decentralized.
There is a vast difference between the banks and the exchanges. Cryptocurrency exchanges are integral part of the world of cryptocurrency, exchange sites play a crucial role in the successful functioning of the various assets or tokens used. Most people who are into the world of Crypto rely on the effectiveness of exchanges to trade their income which is usually known as token or asset from one form to the other. |
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Same, why you have to worry about bitcoin price? You must know that bitcoin is not stable, the price always moves but you can believe in its bright future and invest in bitcoin
No need to worry about the usual up and downs about the happenings in the world of cryptocurrency. My plan is to hodl whatever crypto I have at the moment and hope for the best to happen. Patience is key in order to be successful in the world of crypto. |
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Africa has always been a good place for cryptocurrency such as bitcoin. As a matter of fact, there are less government interferences concerning activities in the world of cryptocurrency compared to what is happening elsewhere in the world especially those in Asian countries, where there are many regulations concerning the use of bitcoin.
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Personally, I think bitcoin was doing pretty well before all these interferences, I believe all these government interferences and the selfish interest of some international bodies such as the IMF has contributed to the decrease in value of bitcoin. The good news is that, all hope is not lost, they are still many of us who believe in the amazing world of cryptocurrency.
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For movies, which is specifically on bitcoin there is none that I have heard of, but there are several documentaries on bitcoin that are widely available on the internet. I recently watched one interesting documentary about cryptocurrency on YouTube. It was really educative and inspiring.
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I believe day trading with bitcoin is still profitable when done appropriately. Day trading requires much of your time and attention otherwise you will end up making loses. So if you don't have time for Day trading, it is advisable to HODL since trading could be very risky if not handled properly.
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There is nothing like disappearance in the world of blockchain technology. Bitcoin has come to stay and the best is still yet to come. In economics, when a commodity is in short supply, the price obviously goes up and this has always been the case in every society and this can easily be applied in crypto too.
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The level of hypocrisy in the world is really high. I believe people would always speak of issues that don't really understand. I think the same issue is in the world of crypto, there is no perfect system or scheme in the world. We are all fighting to be perfect in one way or the other and blockchain technology is no different.
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In this business where every transaction is irreversible and discrete. The safety of my coins sometimes really worried me, especially since I'm the kind of stubborn and it's not strange if sometimes I lose my coin by mistake. Even the safest wallet can not really be trusted. I think even having a hardware wallet can not make us really safe.
Security is always a serious concern in the world of crypto. I believe we need more of such education to increase the public education and create the necessary awareness for people to protect their hard earned digital currency. The hardware wallets have always been very expensive to purchase one. |
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Very much informative article and really helpful. But i have only 1 reason))
. To invest your time and resources in crypto, especially bitcoin is the best decision one can make at the moment. Crypto is taking over the world, most people who invest in bitcoin have so much confidence to make huge financial gain. Even if you have a job that pays well, you need to invest in bitcoin for the future. |
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Yes, btc had a drastic fall and it's been a long period where btc was not able to surpass the resistance in breaking the $6.5K level and hopefully in the coming weeks it will change the market status of btc. Moreover, btc is undergoing a major adjustment and investors should hold further and just wait for btc to recover soon.
I was expecting bitcoin to rise to a greater price in the month of October. But here we are, it is a new month and we can only hope for the best to happen to the world of bitcoin. I remember bitcoin was able to reach 6.7K at some point in time in October. Am highly confident that the price would rise. |
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We as crypto enthusiasts control the world of bitcoin. The price or value of bitcoin is also controlled by us as an individuals. It depends how we value bitcoin that gives it's price at any point in time. We can either make the price rise or fall depending on how the majority of holders see it.
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The world is going to a global village and any negative comments or deeds in the world of crypto can go viral. I believe we need some level of positivity in the world of crypto in order to attract new investors. People are sacred because of the frequent cases of scams so we need to maintain sanity to attract more people.
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With all of these new exchanges popping up here there and everywhere, i am seeing a very common theme and it's one i don't like AT ALL and i feel it gives bitcoin/crypto a bad reputation in general. What am i talking about? Trading competitions! Where you can win XXX amount of whatever crypto for being the most active or hitting a certain limit. Don't get me wrong, i'm sure there are a few people out there who will do alright from these deals, but i imagine the vast majority end up losing in the short term or the long run. For me, its targeting the wrong audience. It does absolutely nothing toward our hallowed "mass adoption" hopes, and its encouraging gambling all so that the said exchange can make a profit in fees! Yet we wonder why the SEC are so reluctant to give crypto its blessing!  Whats your thoughts? Cryptocurrency exchanges are integral part of the world of cryptocurrency, exchange sites play a crucial role in the successful functioning of the various assets or tokens used. The exchanges are really helping to bring competition so most exchanges can do their best for crypto enthusiasts. |
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Bitcoin is widely accepted by people who understand the philosophy behind bitcoin, those who wish bitcoin to fall are those who dont understand the vision behind this amazing digital currency. Even in the physical world, people have various means of going about illegal activities such as money laundry hence people should treat bitcoin with the full respect that it deserves.
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Bitcoin is really a very strong technology. And I think that he will cope with any difficulties that are now encountered on his path of development. So I keep believing in him.
The sky is just the limit, bitcoin would surely see through the many challenges on the way and remain the best digital currency in the world. The future of the world is digital technology. Very soon, the use of bitcoin would become so popular to the extent that no one can stop the growth and development of bitcoin in the world. |
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Giving money to the poor is one way to curb poverty. I believe we can't eradicate poverty by giving money to the poor alone. I think we need to have a positive mindset so we can find a better and a more practical way to eradicate poverty from the system.
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