The volatility of cryptocurrency might be one of the reasons to discourage small business from accepting any crypto payments in exchange to their goods, perhaps if usdt is being considered they might, because a small business might not be able to bear so much loss during bear season
Volatility can really stop people from accepting cryptocurrency as a way of payment but the main thing that can really stop people is the legality of the cryptocurrency in their country, if its not very well accepted then they won't think about having crypto in their payments. Well yes they can consider usdt because it's price is stable but you can't take the fact that if their country accepts crypto they will be surely interested in bitcoin, if you really want to create a business that accepts crypto you will surely be prepared about the market, you will know what to do when the market goes to a bear trend and bull trend and what actions you must do when you suffer in the bear trend. I do believe that can happen but because people are afraid to invest or to adopt cryptocurrency maybe they are thinking that it is a scam, I can say that it is impossible to happen, but if we prove that cryptocurrency is not that kind of scam, there are just some people who are taking advantage of others because of their greed, I can easily say that every business can adopt if we prove or show them how to use it, for example in payment method, there are several things you should consider before sending money right? So if we teach them how to use it maybe it can happen. |
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Some good project do not have enough investments from the investors due to fact that too many has being loss their money on bitcoin crash last year. IEO also not guarantee the success of the projects and yet the projects in IEO still can be control by scammer. So this make investors scared to make investment and this also make new investors thinking twice to support new projects.
nobody is afraid to invest. just now there are no investors in this market. people who are on the cryptocurrency market have already bought their altcoins and they just don’t have money to go into new projects I think for now investors tend to invest in coins that are clear and have large volumes, as if they don't want to take risks on new projects that they feel are unclear in the future. I think this is logical, they are afraid of the rampant fraud projects that can harm them Times of huge amount of scam ICO projects have already gone. Now we have much more regulation in cryptocurrency sales. Investors become too conservative in their actions due to lingering bearish market. Maybe a new type of DeFi or STO investments will attract them to invest more money in future. I think it is not true because as of now there are still projects that are being produced the only problem is that the market is not that good for us to invest because if I am the investor, I am not investing while the market is on a downfall because it should have back to its high value or healthy state before I invest in a particular project. Because in my own opinion there is also a loss of money if you do that. Because of that the projects that are being produced are not really supported because investors are afraid of risking their money onto it. |
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Things that damage the economy indirectly.
For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.
Of course we can't just deny these people care, just promote a healthier lifestyle.
What are other things that we can change that will affect the economy in a positive way?
Cost of healthcare is a big problem in some countries like America. Some people have to ration their prescriptions rather than use the proper dosage because they can’t afford them. Some even go bankrupt because of healthcare costs. In my honest opinion, we should not consider government as someone who really cares about us. Even Denmark, which is popular for providing basic facilities for free, takes huge amounts of tax from its citizen. So in order to improve our own economy we should invest in Bitcoin and try day trading with it. Bitcoin can solve our financial problems with ease. The earlier we invest in it, the more we will make from it. I think it is the plans or projects of the government also. Because there are things that government doing like they are building a particular project and then they are exerting more budget to that while it is not so important for the country. Why try to help people instead since they are the one's who are making the government the funds for them to budget every year. What I mean is that for example, why do they try to have more seminars that make every people in the country more knowledgeable about money and finance. They should have done that for them to help the country also with their knowledge. |
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Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects
This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype. I dont actually do that. I am wasting my money if that particular project is a scam and it is my fault not knowing that. It is my responsibility to study every project I want to invest my money in. I personally recommend that you should do the same thing as I do because you are the one losing money if you dont study that particular project very well. There are things you should consider before investing in a particular project and you can see that by reading their whitepaper wherein all of their plans and targets are all stated there. |
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The government's job is to control everything in your country, they don't like the uncontrollable things, from the internet or the banking system, everything is monitored by the government and it is impossible for bitcoin manipulation because it is a decentralized system, in addition to the transaction is not taxed or disclosed personal information, it can lead to money laundering actions, which can damage the country's exchange rate ... so accepting cryptocurrencies is not yet possible, but I believe that in the near future the government will see how big the benefits of cryptocurrencies are and maybe they will amend laws to make cryptocurrencies legal.
Let's also remember that governments are just there to protect all of us, it is not because they are too greedy that they can't control it so they can't regulate it, but they just wanted to protect those people especially who has lack of knowledge in investing, as we all know it is very hard to accused scammers and file a case to them, so let's just understand them in a positive way. Maybe that is because the government cannot regulate the cryptocurrency, because we all know that cryptocurrency is decentralized meaning there's no one or any organization or group of people that are controlling crypto. Since it is decentralized they do not know where to give taxes, maybe they could give taxes in some bank that we used when we are actually withdrawing it and convert it into fiat. The regulation of cryptocurrency itself is hard for the government since we are earning online, the idea is that we are making money in a digital world wherein it can be access online all over the world wherever you are, you just need an internet access. |
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Given that the market is manipulating, I think the following will happen: first, the price of bitcoin will go up very much, fast and fast, so that people would be afraid that if they do not buy bitcoin now, it will be too late and they will not be able to save their savings. Panic will begin, everyone will buy, global FOMO. Which will end as sharp as the rise in the price of bitcoin, because those who manipulate the market will sell everything, creating a panic, a panic sale will begin. Then there will be a flat change, to complete despair in the market, and again growth. Typical scheme.
Once the price crashed again just like before then the trust of investors and newly users will definitely will become doubtful again and they will be very frustrated and disappointed. Panic sell will for sure happen, and those who believed in Bitcoin and trust it with all their hearts will be the one who will stay. But, let's not take this too seriously for now as it will be unlikely to happen. It actually crashes last few months ago, the bitcoin reached its lowest peak since 2017(wherein bitcoin reaches twenty thousand dollars in price), and that is actually not good for us losing our bitcoin in our own wallets. But for me, that is actually a good time to buy that particular token or any other altcoin because I know in myself that bitcoin will rise up again, it is in their nature that the price or value is changing when there is a transaction happening all around the world, the price is changing time by time. Do not panic if the market experienced downfall because it is not the end. Just have patience ad courage to earn. |
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The junk coins that I have in my personal swallow might also experience extraordinary increases. But I have some altcoins that are good but the price is very cheap compared to ICO. Projects that continue to be developed may become extraordinary projects and achieve ATH again. Nothing is impossible in the crypto world, everything can happen in an instant.
We indeed need to hold our altcoins no matter what happens, because if we sell our tokens in a situation like this, we are like people who are throwing money away without thinking. I am still believing that every altcoins that I am holding will pump, maybe not now but maybe soon. Patience is important for a person who wants a beautiful success in their tasks or career. At a time like this, projects are not likely good enough to succeed because as we all know the market is not in a good health, the idea is that, it is not really healthy like before way back 2017. |
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In my opinion the current price of bitcoin is not exactly down, because the price of bitcoin in May 2019 at $ 4000 is still more lower than
current prices. The current price of bitcoin is still fairly stable, if it drops slightly from the price of $ 9,000 I think still fairly reasonable.
And if because of bitcoin is now down a resulting in many people bankrupt means these people do not follow the rules in investing. One
of them is investing money that we can afford to lose, if you follow that rules I think that investor is not likely to go bankrupt. Regarding
the problem if the price of bitcoin goes down there is no rich person who appears, in my opinion it has a point. But the price of bitcoin prices
go down won't last long, so from it is not necessary for us to worry. Sooner or later the price of bitcoin will rise again and there will be more
new rich people again. So what we need to do when bitcoin prices go down is just be patient and always believe that bitcoin will go towards
prices peak again.
Why do you say that words if we can wait for the right time that the market will rise up again especially bitcoin because as I have analyzed when bitcoin value is rising almost all other altcoin will rise up too in terms of price? Yes, right? Patience is a virtue. In a situation like this, we should have courage to earn and do not be pessimistic. Believe that the bitcoin will recover as we all know that the nature of cryptocurrency is its volatility, in which the price or value is changing time by time, as far as I have remember, last two years ago, bitcoin price rushes upward in just a few months. And because of that, almost all people who are investing and promoting a particular project is making a profit. |
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Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.
What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?
I can agree my 100% to this idea. a lot of users should do this thing and avoid to join or participate on bounties that don't pay the hard works of each of us. a real projects that will have a huge company in future need investments. they need funds to run a project that everyone can benefits. users here and bounty participants should pay with btc, eth or usd. works of bounty hunters is not a joke they are promoting and included the work of marketing. they are also part of the success and fail. so we need to be treated like a real workers. Indeed, we should not support a project that can take the money of other people, instead, we should inform them that the particular project is fraud and can possibly take their money away if they invest. We are the one here who help each other. Avoiding some scam people and projects will make us grow in this digital world. There are lots of scam projects out there and there are still people being scammed because of lack of knowledge, I recommend that they should read whitepaper which is located on their forum posts also in their website because almost all of their plans is stated there, also you can check the reviews of others investors if that project is really profitable. |
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I was promised like 250k by McAfee in BTC value.
When's the price gonna skyrocket like the last 8 times? Tell me plz time travelers.
Did he personally talked to you? or you just followed his shills? everything in crypto is uncertain, you must always do your own research. It's your money so it's your call. I really don't think McAfee has contacted him in person or knocked anyone’s door to give his predictions regarding bitcoin. That statement was just to give a glimpse of what bitcoin really is capable of. I firmly believe that bitcoin can touch this much amount in future, some day. But like everyone else, the right time cannot be predicted with accuracy. After the coming halving, bitcoin will be near 50k dollars. I think the only free money here, the other way from mining is that joining in some airdrop, because there is no such thing that you can gain actually a lot of money for free, every person in here is using their own knowledge to earn some money their own different ways, there are people that are good at investing, they are supporting particular project with their own money, there are also earning because of promoting or advertising a particular project, they are actually called bounty hunters. There are also using intelligence in terms of gambling to earn also. There are also traders in here in which they are buying some tokens at a low price and selling it at high price. |
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In my opinion, bitcoin and real estate are profitable and promising investment choices, but both must be based on sufficient knowledge and large capital and if you have a lot of capital, you don't have to put all your eggs in one basket.
both have different risk appetites, but if the comparison of returns or bitcoin profits will be faster than real estate that takes more than a year.
Both bitcoin and real estate are profitable but I am not use all my money investing with bitcoin, many people only talking with profit after investing on bitcoin and altcoin, but why never discuss when bitcoin drop how much investor money lost with buy on higher sell with lower price, never find discussing when bitcoin down and how to back up our investing back to profit. If you listen clearly both positive and negative feedback of Bitcoin, But peoples are create only when it will going to moon and when it stop the dump so you some peoples are not listen clearly like you. Day traders only concentrate Bitcoin not a Real Estate and long term investment is both are good so it can decide only investors. Agree with you if we will just let ourselves explore and realize it. When I was new here, I don't have any idea about real estate business, all I know was that I am very much interested in crypto as this will give me so much profit if I will just study it, but as time is passing by, I realized that both of them are profitable, that real estate is one of the most good investment, as we will not lose from it unlike to crypto that there is risk, so better do both. In my own opinion, both are actually good to earn money but in terms of such a great profit I actually recommend cryptocurrency since it is way bigger you can earn, we just need to have patience because just like at this situation the market is on a low price, every crypto is suffering from dump in terms of price it is hard to invest to spend any amount of cryptocurrency knowing that we are lending our money where we can wait for that particular token or coin to come back again to its original price. I remember way back 2017, where almost all investors and even bounty hunters are earning such a lot of money by doing their own preferences or way or earning, that is because the market is on its high peak. |
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The year 2019 is reaching its brink. 2019 was an average year for the crypto market. The market capitalization took a drastic change and the prices of most of the cryptocurrencies crashed. However, the crypto market is sort of leaning towards the green region in the last quarter of 2019. Now, you might be pondering which cryptocurrencies are considered as a “Good Investment” in the upcoming 2020. In my view Bitcoin, Ethereum, Ripple (XRP), Litecoin, Bitcoin Cash are the top crypto in 2020. What's your take on this? Isn't it too early to assume which one would be a good investment for next year? I mean, we are still on the present year and problem still, is so obvious. The market still, is not showing recovery to most of the coins in the market. Making absurd assumptions will just tempt investors to drag themselves into regrets once their chosen coin do not make it on the process of uprise. We may recommend the huge ones, which is more likely to happen, such as BTC, LTC, XRP, BCC, and the likes but it won't change the fact that recovery has no assurance to occur. Therefore we should focus on the present and continue being patient in such situation. If you ask me, there is no need to ask such questions when answers are too obvious. Who does not know which crypto currency has been the most beneficial and best investment so far? Not only this, we also know the best altcoins too. Bitcoin should be the number one choice of all investors. No matter what year we move towards, no digital asset can be as good as bitcoin. You should add ethereum in your list too. There are actually lots of cryptocurrency that you can invest your money with, you are the one who decides where you can lend your money to because we have our own preferences for choosing some projects and also we also have different wants from different projects. Every crypto is a good investment if we studied a lot about that particular crypto because we all know that cryptocurrency is volatile in terms of its value, it has a possibility to go up or down in terms of prices so it is good for us to decide which is better to choose. |
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1. patient is good for trader. they no need to rush, when buy or sell their coin. sometimes people will follow the other people because their emotion to weak.
2. money management is the best thing you should know. best trader can manage, how much they spend their money in every opportunity, how much they save their money.
3. this is important, to not lose your hope. every people hope needed to apply expectations, increase success.
We all need to learn that aside from taking care of our own fund, our own selves, we should also take note that we should take care with the ones that we are investing at and that is Bitcoin and a good altcoins, we should do our part to promote them, to inform the community regarding their advantage, we should not just hide it on our own but rather we should help in spreading this to the world. For an investor, it is actually good or even better if they study every single information in a particular project they want to lend their money to because it is for their own sake or for their own money's sake to prevent scamming or failed project. and aside from that it is better also if they have such patience, it is actually important for an investor making themselves patient especially in a time like this, as we can see the condition of the market, it is actually on a downfall but it is not a big deal because there are still some projects that are deserved to be supported by the investors. |
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Altcoins are creating more awareness, for example as big as bitwings project is in colombia today many people are starting to know what crypto is all about because of bitwings from wingsmobile, the fact is bitcoin can't really do it alone
Is there proof? i can't even say if that was creating a big awareness in colombia. Bitcoin can do it alone and when bitcoin was created and it didn't even need the altcoin to get its value. bitwing is a new altcoin and so many people are still asking about the credibility of the project itself. Just because it was created an awareness doesn't mean if bitwing can be taken as an example of how altcoin helped bitcoin. More or less, this sounds like a tasteless joke to me. How come this hit his mind that bitcoin needs altcoin in order to survive in this world when bitcoin is the first digital currency. It is the backbone of altcoins. They cant even think about existing without the king. Bitcoin never depended on any asset, either physical or digital for its survival. Even no other entity of the world helped it in making so far. It is meaningless to say that BTC can't do alone without the altcoins, the altcoins need BTC, Bitcoin doesn't need altcoin to exist. The all crypto major pairs have the ask side which is usually BTC and ETH. The entire crypto market capitalization is dominated by the Bitcoin and without the BTC it will not perform as in the old years. It is actually true. We should keep on supporting the community because we are the only one who can understand what is the condition and what we must do at a time like this. We should have courage to earn and urge to earn more than before, but before we can do that we should keep supporting even if the market is on a downfall, it is actually a better time for us to support every project, we as a bounty hunter, we must promote more of altcoins for us to have more investors, because the more investors we have the higher possibility that every project will be successful. |
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In my own point of view, the crypto world is already perfect to me, the only thing that i only hate is scammers, that is why i think the things that we lack in cryptocurrency is a group of people who finds and arrest those scammers to avoid huge risk in investing in new projects here in the crypto world.
I think in the crypto world we lack some people who actually bans or the ones who can actually limit the scammers because there are actually lots of scammers in our sector just look how many people who were being scammed day by day because of them. That is also one reason why other investors are limiting to invest in some projects because they are afraid of losing money because of these kind of people. I prefer if we actually have at least one team every sector that makes our sector better by doing votes if we want to rule. Just suggesting but I think it is impossible since the crypto world is decentralized. |
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most of us have not used crypto for shopping and I am finding it difficult to find a reliable site to purchase goods as most of the sites which accept crypto are either shady or Grey sites. But there are some e-commerce projects based on crypto which will give a push to crypto usage in terms of shopping.
Before we even come down to the issue of having a reliable site that is accepting cryptocurrency or bitcoin, I don’t think that I have even seen up to 10 companies that are accepting bitcoin out of the millions of companies that we have. I understand that adoption rate is still very low, but even with the low rate of adoption, there are so many companies that are holding cryptocurrency here today for the purpose of bull run, and I think that it is high time that many people start introducing bitcoin into their own platform for payment and not just buying bitcoin alone and expecting that it will rise without adoption. What will create adoption more is when there are places where we can spend our cryptocurrency. It is only in the gambling section that I can say that they are trying. Then you should again do some research. I can bank on this that only the number of gambling sites that allow playing with bitcoin is more than 10 in numbers. Bitcoin is a digital currency, belonging to the internet first. It is highly being consumed in other webs by users. Also, it is just a matter of time before bitcoin goes mainstream. Starting from ten companies, it will get accepted by millions of them. A bit of patience is required. We cannot calculate the exact people who are using cryptocurrency for commerce, but in my own analyzation, most of them are using it for commerce we they are actually using their own crypto to support particular projects and ICO. We actually call it e-commerce because using cryptocurrency since it is digital money we are using it to electronic commerce to purchase goods or support a particular campaign by investing because we are purchasing also to them. In terms of using crypto, I can say that it is way faster than any transaction physically since the internet is being used. |
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many cases are more dominant in investor confidence which decreases dramatically because of the nonsense process that is seen often in the pre-market listing stage, or the developer looks more confused about the post-distribution situation. Most cases of coins that end up on the small market make it a landfill due to lack of clarity in the project to manage short-term capabilities.
It is not actually dead, maybe they are actually saying that because if we look at the market's condition, we can see that it is on a downfall. Maybe, some investors dont want to take risks of investing their money in some projects with that low amount of crypto they have, the idea is that maybe they are holding it for now because it is not actually good to spend crypto while at the downfall of the market. Maybe they are waiting for the market to be healthy and every crypto currency's price will rise up again. Just analyzed what happened last two years ago. The market is at its highest peak so there are so many investors, that is why almost all of the projects gone successful. |
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I am a freelancer and earned a few bucks through ICO campaigns back in 2016-2017.
This is the money I invested in BItcoin and started trading back in 2017. In that year if you look at the market, prices went parabolic and I guess everyone was able to make fortune out of their investment be it bitcoin or altcoins. I was fortunate enough to make a trading profit during that time and invested that back in the market. I lost some in 2018. But that experience did teach me trading and now I am earning decently enough through trading cryptos.
I am not actually depositing any amount of money when earning cryptocurrency, I am actually a bounty hunter in which I am joining particular ICO or any project and promoting them to this forum and they will pay me with the tasks I have done every week or every day. It is good to earn using your own knowledge while studying that particular project that you need to promote you are earning by yourself. I wish to learn how to invest when I saved more of cryptocurrency so that I am growing in many ways because for me, being bounty hunter is not enough we should level up from earning. |
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I am fully convinced that there are still worthy projects. So I continue to participate in the bounty. I can't say that on the bounty you can make good money now, but a little extra income is possible here. In addition, there are coins with the prospect of growth, which is worth holding for some time.
That's correct. there are still good projects running. dyor and observation are important to that matter. just do a hardwork so you can find a better one that can succeed. many bounty managers now are seeking for a great project that will be presented to us. so dont lost hope, participating on a bounty campaign are still worth it. Yes, actually they can really join on their chosen project as of now so that the projects are being promoted in different social media sites and especially in this forum. It is good not to stop because they should collect more of altcoin they got from the projects they are joining in so if that particular coin will rise up, they are earning, it is just like long term holding. It is awesome because if the bounty hunters stop less investors will know the particular project of how good it is. It is important for investors to be encouraged to invest in that particular project. |
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Crypto or fiat scams are global issues, every type of currency has scamming matters, and I think crypto will not be exempted from those issues. ICO's project is needed to be regulated because on what I see on the bounty section, there's a lot of scam project. And a lot of them are requiring KYC, so every participant should be careful when participating in those. Indeed, if the turnover of cryptocurrency in your country is not regulated legally, then in fact all the risks of its use fall on your shoulders. This is a big problem because scammers can get access to your cryptocurrencies and the police will not deal with this incident. It is necessary to strictly comply with all the rules on the use of cryptocurrencies and not to contact questionable people.
So the participants and the users are the ones that should be cautious about those projects or scammers. It is very alarming, many people ate being victimize by scammer, it will be bad news for us because I believe it will affect the market, it will affect the price of bitcoin, many people will lose their trust in the system , their being unaware of this scheme and lack of knowledge in bitcoin is quite a big problem. We must help them and teach them as well. This is actually normal in a place like this, in a crypto world, we can not do anything about it just the moderator has the capability to ban them but for me, we should be aware of everything we do especially when we are making decision and our money is at stake. Projects don't always scam people they are also failing because of many reasons maybe they have fewer investors that is why they cannot continue the project to produce there are also some reasons why they are failing. We as responsible investors and supporters, we should study every [roject we want to join in because it is our responsibility to do that. |
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