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It's logical that banks and governments are scared of bitcoin. Banks are scared because less and less transactions passes through them which means less money for them in terms of bank charges that they get from transactions and Governments are scared because they won't get to get tax from these transactions. At least not now yet
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ETHL is different from Ethereum and in good ways. It employs Smart contracts that can never be manipulated. ETHL brings a nice concept that has never existed before and I am 100% sure that ETHL will be a huge success.
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ETHL is different from Ethereum and in good ways. It employs Smart contracts that can never be manipulated. ETHL brings a nice concept that has never existed before and I am 100% sure that ETHL will be a huge success.
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Yes, they are afraid of a thing that is decentralized. It's logical that banks and governments are scared of bitcoin. Banks are scared because less and less transactions passes through them which means less money for them in terms of bank charges that they get from transactions and Governments are scared because they won't get to get tax from these transactions. At least not now yet.
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Who knows what will happen next with Bitcoin? Maybe it will or it will not but it is for sure that with AI, bitcoin will be far more advanced. With such technological advances it may be possible that btc transaction are done faster with less transaction charges.
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ETHL is different from Ethereum and in good ways. It employs Smart contracts that can never be manipulated. ETHL brings a nice concept that has never existed before and I am 100% sure that ETHL will be a huge success.
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ETHL is different from Ethereum and in good ways. It employs Smart contracts that can never be manipulated. ETHL brings a nice concept that has never existed before and I am 100% sure that ETHL will be a huge success.
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It's logical that banks and governments are scared of bitcoin. Banks are scared because less and less transactions passes through them which means less money for them in terms of bank charges that they get from transactions and Governments are scared because they won't get to get tax from these transactions. At least not now yet
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Right now the market presents a very good opportunity to buy many coins at very low prices. I think that one should invest as much as they are ready to lose. So go ahead and just keep this thing in mind.
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Right now there are a lot of altcoins which you can buy. Just focus on the development team and quality of project.
I personally hold eth, ada, xrp, zil, ont, ocn, hpb.
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Yes, paying by fiat could be a good option since most hunters dump their coins after the ICO and thus it reduces the price of that coin. But teams will be short on funds for development if they pay using fiat instead of coins/tokens.
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This clearly shows that banks are afraid of these new technologies and they do not welcome the changes in the current scenario. But this is just the start. Some banks have already joined the blockchain revolution. So few banks ban will not hurt crypto.
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I like to hold. I am still at loss since i bought my coins in semi high prices but confident enough to wait and keep the patience for my folio to grow. lets take this advice for the good move for profiteering incase you dont meet the expected price too early,then wait until year end.
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Its still not illegal to trade bitcoin in India and it will not be after 7th July. After 7th July users just won't get the support of banks to buy/sell cryptocurrency.
Trading is still being done in India right now. next hearing in september.
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I think the rise happening to some altcoins even if bitcoin is in the red mark is because of the demand of that altcoin in exchange of bitcoin. Whenever an altcoin increases its price, it means that more people are buying that altcoin in exchange to some other tokens, so this means that bitcoin being traded for other ηoins lessen the demand of bitcoin but rather increases the demand of that coin being traded of bitcoin.
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