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Bitcoin and altcoin affect each other but affect indirectly, or even unrelated and no influence altogether because many coins have left Bitcoin as a method of payment but it’s different if they dump their coins to buy Bitcoin when it’s in a bullish rally.
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I agree with you. Bitcoin is the trusted and more profitable crypto currency in the. If you buy bitcoin and hold it for your hope then i think you will got more profit. Most of people are using /involved in bitcoin. That's why i think bitcoin is the future.
yes this is hope all players crypto especially on bitcoin so that in future get positive response from various country, bitcoin is change of world currency with technology blockchain trusted Yes indeed everyone who has invested money in crypto is hoping so. Yes bitcoin is a currency change with blockchain technology but there are still many countries assume it’s a currency threat in some countries. But I also agree with your words, hopefully many countries will accept bitcoin until bitcoin become more accessible and no more banning in some countries |
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More price increases to Dollar inflation, not to the demand for Bitcoin. It’s Bitcoin that can affect the price of other currencies, digital currencies. Maybe that increase is just a coincidence that happens from many possibilities and there’s probably a news that just lift up both currencies together.
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Are there a lot of hackers now in the crypto's world ? I mean, it a place not totally safe, because of it's quit new. Do you think hackers can change the crypto economy for their own benefit ?
First of all you need to realize that cryptocurrencies aren't being hacked! The exchanges are. The most essential feature of cryptocurrency is its robustness. You are its sole owner and you have all the responsibility. Nobody can steal it from you. All these huge hacks happen because the software made by private companies isn't as robust and they are totally careless about the cryptocurrency in their possession. Last year a Korean exchange was hacked and admitted they had 5 hot wallets that held a very large amount of money and all 5 were cleaned. How can you have millions of dollars on hot wallets without anyone watching them and manually confirming withdrawals? How can you have 5 hot wallets active at once? Some people are asking for trouble and you are only safe if your money is managed by you. Yes it’s not being hacked but the hackers who broke the password purse and took what we have and then sold it quickly in order to get a quick profit. We are all gullible to have wallet software made by private and not responsible when big hacking occurs |
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To be a daytrader or hold it depends on your own desires and beliefs. The daytrader requires reading skills from every trader's news update. Become a daytrader then buy when the price dip then sell it when the price is high will earn profit very fast but not too big and it’s risky because the price is still not stable.
HOLD become a safe investment and has a big profits but takes a long time.
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It is irritating to hear, that all criminal, terrorism is caused, and financed with Bitcoin, and so Bitcoin is the guilty one. First, it is not even true, they use cash, and on the other hand, why not the bad people are the guilty ones.
That is just the dumb logic of haters. It's like they see us one of the criminals who uses bitcoin for drug dealings and other stuff. When all along, if they think smartly enough, these criminals can't be stopped on doing what they want to do even the government removed bitcoin out of their options. Indeed, they act like before bitcoin there was no criminality or ways to launder money. It’s only for bitcoin haters who haven’t earn benefit from bitcoin yet, they can only blame the bitcoin or the technology, they should blame the users because the users is the one using it. |
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Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
Maybe it will happen on the upcomming future since crypto now are very popular it will be possible that fiat will replace crypto. I don't think it will happen this days, for sure that it will happen but it will in the next coming decades and not by this time, it is too early to predict this time and to tell that, when we have seen that little by little those countries who banned it will eventually adopt this then for sure that it will also happen. I don’t think it will happen even though some countries have adopted it. Because crypto will never be able to replace the fiat money that has been stable in the country and it’s a sign of the country and it has a name. |
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Traders and risk takers smell opportunity. And most importantly, they smell money. The bigger the risk the bigger the gain - general rule for every business
I am sure that crypto is for all those people who can take the risk losing money, because investing our money with crypto is really risky, the prices of all crypto is not stable, we can really lose a huge amount of money when the market will be red but if you trust crypto you can able to be profitable. Yes it’s true we will loss money when the market becomes money and it can happen to someone who panics when he sees the market is red and eventually a big loss for that person, but not for those who don’t panic and can hold back their emotion when the market is red. It’s true that investing in crypto with our own money is very risky but it can doubles the profits we earn because of unstable crypto’s selling price. |
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It’s individual interest because it affects their lives. So you don’t have to bother thinking about it but if you want to contribute to the community, raising awareness like this is necessary but it’d better if you do real action by educating them, whether online or offline.
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Famous people can have a big impact on anything they promote or because the media will definitely highlight it but in Drogba’s Instagram account it seems all.me only able to pay for just 1 endorse post but it should have increased public interest to that ICO.
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It’s true that Bitcoin users need refund feature but not Bitcoin should provide it, it’s the seller and customer’s matter, because if refund applied to Bitcoin it can create a security hole in Bitcoin and I think determining which transaction that have the right to get the refund requires human intervention because the refund requires verification from both parties, meanwhile Bitcoin runs on the community, not the institution.
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It’s very harmful if our forgetful nature recurred again where we have collected some coins in the wallet but we forgot the password to open it.
It’s a good idea to keep our password backup properly and easily visible so that when we forget the password it's easier to remember it so it won’t be detrimental if we forgot
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hopefully on the lifting of the ban cryptocurency on Facebook this bitcoin prices will be stable again, but why ICo ads are still banned? and I hope i.o can work with Facebook so that ICo ads can be re-displayed on Facebook.
Probably because Facebook is afraid of receiving an false ICO ad that actually a scam, this could tarnish the name of Facebook that already bad because of the selling of private users data some time ago that makes Facebook very cautious and tighten the rules proven with the banning of crypto which is still considered a scam by common people. |
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I think the process will be more convenient maybe because we no longer need to use our money to transfer. And we can also exchange some bitcoins into money which is much easier for now.
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Same conditions occur in the market crypto like in common market if the demand for of an item raises then the price will increase and other items will increase as well. Just like if bitcoin’s price raises then altcoin will surely raise too. Everything that raise will raise together if it falls the other will fall together and nothing unaffected when bitcoin fall.
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if the store is an online store, maybe I'll ask it, but if it's a physical store, I'm afraid to ask it
I still doubt, about the size of people who use bitcoin as a means of payment
Therefore, you should be smarter to guess out which physical store is receiving Bitcoin as a payment tool, like a big electronics store that should have understood or at least heard about Bitcoin after all if they didn’t understand they would find out about Bitcoin eventually. |
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Bitcoin is the revolution to the financial system of the world. It goes beyond buying and selling or investing it.
Revolution? Yes it’s the function, but does it can make people interested in Bitcoin, those who already comfortable with the current economic system are reluctant to accept it |
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I completely agree with that idea. And I also think thats what bitcointalk forum or any other coin forums are meant to be.
As of now, not really 100% of us understand bitcoin. We keep doubting it everyday while instead we should support it and bring more people in.
We could help each other by suggesting books, writing articles and explain to others for dumb questions that they ask.
Bitcoin became more popular because of us, because of our testament regarding on the huge potential of bitcoin that help it to become more attractive to the people. And that's what also this forum serve like and that's why this forum was made up and that was to serve as the main forum for sharing ideas and knowledge. Yes because we always exchange information about bitcoin development in this forum and many newcomers who don’t understand about bitcoin/crypto then join this forum to find out about the knowledge of bitcoin/crypto. Maybe half of popularity of bitcoin comes from this forum because this forum is internationally public so many different people from many countries join in this forum and talk about bitcoin/crypto. |
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When it comes to natural resources, most of the natural resources on Earth are recyclable but it takes time, some require substantial amount of funds and it seems that only few people are aware the importance of maintaining this natural resource and just want to use it without thinking about the impact on the environment as some people don’t recognize about global warming that getting severe.
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Bitcoin is increasing because lately its price is recovering due to price was decreasing for several weeks ago.
Although the bitcoin’s supply is only 21,000,000 BTCs makes it rarer to have if more demands and its price will be more expensive in trading.
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