Almost all cryptocurrencies today depend on the value of BTC a lot, it can be said that BTC is a leading coin in the cryptocurrency market, it is difficult to replace because BTC is a currency in development. A long-established and well-loved coin, with a strong community and long-standing background, this goes hand in hand with ever-increasing price growth. BTC has mostly won the trust as well as the long-term investment direction of BTC, anyone knows, so the price of BTC in the future will increase in value.
Bitcoin has always been a measure of the price of altcoins, but I believe that what makes bitcoin big as it is today is altcoins, the support of thousands of altcoins and tokens makes bitcoin trading continue to increase, this is what makes bitcoin always the first choice over altcoins. |
|
|
|
You are not the only one who have gone through such people. There are alot of people around me and i have to deal with them on daily basis who are hostile to cryptos and are searching for any news and reason, at which they can bash me and my love from crypto. They laugh at me and i laugh at them. I have learned one thing and that is, if someone is ignorant and wants to remain so, you are a fool if you are trying to change that mentality.
That's only normal, people being skeptic and being hostile if their beliefs are challenge, why would there be a crusade if people don't care that their beliefs are challenged? Best thing to do with this kind of people is to ignore them and let things be, let them see you success. Too often hear people talking is a waste of time, we live and are responsible for what we do, if we fail they will laugh, better focus on the goal and keep buying bitcoin because I'm sure tomorrow or the day after the bitcoin price will be above $50k. |
|
|
|
everyone must know yesterday that China banned bitcoin miners in their country and the price of bitcoin had dropped but the price of bitcoin could rise again meaning no one can stop bitcoin even though a big country like China,
This proves that decentralization works effectively, no one can control and stop bitcoin, it all depends on the market and the market, besides China being banned from mining the big news after that was the UK banning Binance from operating, and also proved unable to withstand the continued performance of bitcoin and cryptocurrencies continues skyrocket. |
|
|
|
This topic is a great example of how to read someone opinion and do opposite. They guy in middle of January suggested to cash out and leave crypto.
For instance, lets check Bitcoin price on the day this topic was created (January 19) - $36,5k. If we follow this guys suggestion and sell, we would miss an opportunity to sell Bitcoin on April 14 with the price of $64,8k. Holding pays off.
Dont listen to anybody, dont let anyone spoil your strategy, intention and dreams. Be the master of your money by yourself.
some people want to create a FUD to stop people from looking for cryptocurrency assets. It's very clear that ever since he created this thread, the price of bitcoin has continued to grow, even higher. to be honest, I feel that he is just having doubts about this. Well, maybe the news about the SEC is enough to make other people think away from this. but, if you think about it carefully, this is a problem that is always heated up. however, I also support the statement that don't listen to anyone. when you can still make use of it, then make the most of it Overhearing the news is a ridiculous thing of course, investors should focus on goals, as long as cryptocurrencies are still profitable then we will be here, no matter what people say, because he has the right to say anything. |
|
|
|
All Binance users are now subject to immediate KYC verification
those old days where a person could create an account on an exchange and trade smoothly without having to run the risk of delivering documents are gone, now are coming dark times where each person needs to have documents to do KYC and be able to trade and pray that the exchange never sell your document. the era of anonymity is coming to an end, at least on the part of using exchange and it won't surprise me if a few years from now also online casinos related to cryptocurrencies start to demand KYC right after account creation This is of course sad because the era of anonymity is over, KYC verification is something we are wary of because there is no guarantee that they will not provide data to the country if it is needed, I found out these days because Binance is still a trending topic on Twitter, https://twitter.com/cz_binance/status/1428614958846148609 |
|
|
|
follow my thoughts on the picture you are referring to and compare the future profitability of crypto as well as fiat money on savings, this is if true what you are trying to send to people then in my opinion you are right about the current cryptocurrency if we hold it for a long time such as 5 years, now the number is x many times and the fiat money they make is quite low and almost if 5 years later then that profit will be 0. why because 5 years later money loses value and the bank refund rate is very low and we also refund zero.
In my country if we save money in banks then we only get bank interest of about 10% per year, of course this is a very small value if we invest in crypto, since 2016 I only filled my savings for daily and monthly needs, the rest I immediately bought crypto, This is a move that will make me a big profit one day. Of course investing in crypto is much more profitable than saving money in a bank because saving money in a bank is not an investment. when you save in the bank the money is used for capital and the 10% interest per year you get is only a small part of the profits the bank gets. what we talking about is invest in something, and you cant compare between bank and crypto, because they are totally different. and thats true if money cant make great move like crypto, because we know what is money. bank, just for store your money. keep it save, to make transaction on real life, and other thing you need. When we save money in the bank of course we will not get a very small increase in value or bank interest, the function of banks and crypto is different, we can't fully rely on crypto to meet and spend daily needs, of course we can't be separated from the bank. |
|
|
|
To be a good investor we should keep our emotions aside and make our investment based on gain knowledge from the market. Having at least an investment strategy is better than having no strategy. You can not invest in a project and hope that it will be profitable in the future without knowing about the project. Study your project, make an investment strategy, have patience, and no matter what stick to your strategy. That's what good investors do.
Most people are lazy to learn, they have little ability and only try speculation, trading takes a lot of analysis to get a profit, while following a new project usually takes a very long time to make a profit, the easiest thing is to buy and hold for the long term. |
|
|
|
Well, because of covid19 many had been struggling in able survive even if it means that not following the minimum health standard protocols against covid19. This the reality of what has been happening around especially in poorer countries. But what can we do? I myself too strugling to survive.
Poverty now will becoming a number one issue accross the globe and surely will becoming a major problem that will cause criminal activities. We all know poverty is already listed as top major problems around the world and this pandemic will add this poverty issue. It has been discussed already here where I read a certain threas regarding the increase the price of basic commodities. This is really a chaos due to poverty that will result and encourage to do criminal activities.
Stealing, killing and other related criminal acts will become rampant. So, one must become ready and this is why I think that you yourself too should be ready and here are the things that you need to consider in getting ready to face death.
1. Believe in a superpowers (God), this world is created to it that even science could not comprehend how the universe is being made. Meaning there is God but we do not know how he works but we should believe in the creator. In thay way facing death knowing that there is a creator and he will surely going to take care of you after death.
2. Leave all your financial assets and trust it to your family or closed one especially your BTC. They can't get your BTC once you die accidentally.
3. Forgive all the people that hurt you and ask forgiveness rhe people you hurt. They will going to remember you of all your good deeds once you die.
4. Give more quality time to people that are closed to you. You can't turn back time so spend it wisely as they say that "Time is Gold".
5. Spend your money wisely not by purchasing luxuries in life but only the need and don't forget to share if you have some extra resources to spare to others.
In this way, if death will become invetable to you then you had already enjoyed life and that you had done wonderful things to yourself and to others. Therefore you can freely accept death in good faith.
Life is wonderful and precious so take care of it and avoid things that can destroy life. This covid19 and pandemic could be avoided by practicing minimum health standard protocol and taking the vaccines. Vaccines can end this pandemic and we can live a normal life again. Let us help fight the pandemic by getting vaccines.
Are you willing to be vaccinated?
Yes I have taken a vacation from mordana company but we have to think the vaccine is not for save all the life conscious ness need to get save from covid 19 various varrient. In my place, many people get sick after being vaccinated, this is because they don't care about their health conditions, so when they get vaccinated they drop, the vaccine will never guarantee that we are always healthy, what we can do is always take care of our mind and body health to avoid covid. |
|
|
|
I defiantly agree, throughout the years bitcoin has turned from a decentralized digital currency that aims to change the way we make transaction, to a just an investment to make money, and this has especially got more and more the norm and bitcoin losing its true purpose with more and more people that are only interested in the volatile aspect of the price of the bitcoin that lets them make more and more money, and even the new people don't know anything about bitcoin and why it is created except the fact that they can make money from it.
Yes true, bitcoin can be said to have lost its original purpose, now everyone is trading daily to get a profit from high volatility, many people are always focused on getting profit and don't care about bitcoin whether it can continue to shine or not. |
|
|
|
in my country. Bitcoin is allowed to be traded. Bitcoin has been legalized as an investment just like gold. However bitcoin is not allowed to be used for payments. Because the only currency allowed is rupiah.
What the government is doing that only allows fiat currency for transactions is the right thing, of course it will cause a lot of problems if the function of bitcoin is equated with fiat, the presence of bitcoin is to improve the world's transaction system but will not be able to replace fiat currency. |
|
|
|
have we ever heard that bitcoin is a waste of energy of course we have never seen such a thing, because bitcoin is a business without using materials such as gasoline or electricity which we say wastes a lot of energy but not what happens with bitcoin, because bitcoin only uses the internet network for its needs for a long time
If someone says bitcoin mining is a waste of energy, of course he doesn't understand bitcoin mining or hates bitcoin, I'm sure this issue was created to make bitcoin fall so everything can be done. It is our collective duty to campaign positively about bitcoin mining that does not require excessive energy. Many people use Bitcoin to waste energy to attack Bitcoin. They don't understand the overall operating mode of Bitcoin at all, and they don't know that mining is more a store of value. Bitcoin mining maintains the normal operation of the entire Bitcoin network and records huge economic behavior. Most people don't know bitcoin so they think that mining bitcoin is the same as mining for oil, coal and so on, they don't care about the real facts because they are ruled by envy and fear that their business will be rivaled by the presence of bitcoin. |
|
|
|
snip
Never trust too much at a thing on the internet, especially when it comes to money....the majority of people who are deceived are because they are too trusting and greedy for "instant" things. getting rich from the internet is not an instant thing, everything needs a process as well as getting profit from bitcoin. (btw, i also once made a thread that said not to give your money to scammers)Before we put money, of course, we must have considerations that are realistic, I have participated in many scam programs on the internet which finally made me exposed to scams, ICO projects, gambling, HYIPs and so on have made me no longer believe in programs that look very promising. |
|
|
|
Of course there are, there are already many people in this world who are rich because of investing in bitcoin. if we look at the price of bitcoin at first it was only $ 1 but now the price of bitcoin has reached $ 45k. it was so amazing. People who have long invested in bitcoin are certain to become rich.
The size of rich is different every place, if in the USA have $10 million not yet rich, but with $10 million in my country then already rich, with a price of $45k then bitcoin can make me rich if I have at least 200 btc, now I have around 0.0157 btc and wish I could rich if bitcoin price reaches at least $1 million. |
|
|
|
Hi I am Ali and this is my first post on Bitcoin Talk.
Because the bitcoin economy is new, its new nature, and sometimes illiquid markets, the price of Bitcoin can increase or fall unforeseenly in a short period of time. But with the increase in liquidity, this market can gain public trust, as can Fiat currencies, even though it is not of a physical nature.
Don't know this is only opinion from beginner. But i think although fiat price not really stabilize and it can up and down compared to others. Everything that have market will have demands and people who sell theirs and can cause price can be variable and not stabilize. Maybe stability of bitcoin can happen if demands and supply in market is almost same. In my opinion, nothing is 100% stable, maybe the closest to 100% stable is gold, this is because everyone likes and accepts gold, while fiat and crypto will always be unstable due to demand and stock factors. |
|
|
|
Yes, I agree that bitcoin is no longer in an adoption stage and as you can see, people are now having an idea about its existence in the market and even big companies and big investors are already engaging to it.
It is really a positive impact in bitcoin when it is spreading all over the world and many people are investing on mining it.
Hoping that bitcoin will continue to become popular and reach the mainstream investment and payment tool.
Our hope is that bitcoin becomes a global currency that is recognized and accepted throughout the world, the number of companies that continue to develop bitcoin is certainly a good start that the future will continue to shine, this will make us get big profits. |
|
|
|
The best advice is always invest the little money you can afford to lose most especially if the project is a new altcoin, good promising looking projects can still turn scam as well, I don't trust influencers because no one hates money they get paid too so invest only what you can afford to lose
Identifying high quality projects are really difficult, Whitepaper, followers and etc. can be untrue and misleading. So what you stated is the only possible way to be safe. Afford what you can lose. And always think rational and don't invest depending on what the influencers are saying. All this time I thought that social media with many members was a high quality project, but in fact I've been tricked several times by scam projects with more than 100k twitter followers and 75k group telegrams, of course it's very difficult and I will continue to follow the discussion here . |
|
|
|
Each and everyone would have their own rules in life in order to manage and grow money. But yes some of the points would be common, like do not invest all in one asset class. Keep saving some and keep investing and be a long term investor. Do not overspend than what you earn etc.
It's a language we have heard before entering school, but in fact it is difficult to apply, I think the thing that makes us rich is the courage to take risks, as long as we are afraid to take risks then never think about being rich, it is a natural law because 100% of people Rich is the one who dares to take risks. |
|
|
|
Stocks are as stable as gold. But the risk of stocks is also relatively large. Maybe you become rich in an instant. It is also possible to change from the rich to the poor.
The same is true when comparing stocks and cryptocurrencies. All investments are risky. But I personally think that stock investment is simpler than cryptocurrency.
I studied stocks before I became familiar with cryptocurrencies. If the funds are available. You can invest in both.
Stocks are only suitable for those who already have stable and wealthy finances, they don't care about profits so they take safe steps, while cryptocurrencies are high-risk investments that can make new rich people in a year or less. |
|
|
|
Actually, I only think about the value of Bitcoin that mostly will be increasing (although sometimes it is also dropping but at last it will recover and back to rise again.
Bitcoin is also the first crypto.
When many more people take Bitcoin as an investment asset, many more people trust in Bitcoin. And because of its popularity, many more other people will know about Bitcoin at first and then it will be spreading more and more to people.
Nowadays bitcoin is becoming a very popular and profitable investment, especially when many people are at home so they are looking for various investments online and find bitcoin, the bitcoin community will continue to increase which makes the price more expensive, there is always an opportunity for profit if we immediately buy. |
|
|
|
If the bank uses cryptocurrency, it means that cryptocurrency no longer has anonymity, and every transaction will be recorded.
The advantages of cryptocurrency p2p will not exist. There is also the existence of a third party.
Banks and crypto are difficult things to put together, if banks accept crypto then their function can only be like exchanges which of course is nothing new, maybe the best way is for banks to make crypto as a product but the risk of profit or loss of course cannot be controlled. |
|
|
|
|
Show Posts
