We cannot predict what will happen with bitcoin future but It's possibly can bitcoin to lose it's value this can happen if people no longer use bitcoin due to banning the use of bitcoin to make its value will continue to fall even can lose it's value.But if there are people who really support the currency is likely to survive.
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Somebody will not get hacked if people holding private keys of his wallet in safe place and not spread it to anyone. Many people who get hacked because of careless do not keep their private key in a safe place. And also mostly person affected by the hack because it stores multiple assets in various exchange and phishing site.
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It's absolutely will froze in the wallet. Nothing people can do with his bitcoin if there is no people know about the private key of his wallet.
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My greatest fears of bitcoin there is If bitcoin will be regulated i think this is a serious thing because previously the bitcoin is never set by any regulation, in fact we do not know what will happen if it will be done.
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It is very easy to promote bitcoin there are many ways besides that we can also give them understanding about bitcoin with writing or a short article in social media post like facebook, twitter, instagram, and etc. Today most people, especially teenagers and even parents even have been using social media applications.
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It's impossible to make real money disappear, real money has been around for several years as any payment and very unlikely if it is disappear. Although bitcoin is the first digital currency that can be used as a payment for anything, it does not mean making this currency master everything.
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Maybe it's better like buying when market conditions are red, but we can also buy when the market is green. It can be profitable if you know the value prediction will continue to rise.
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We can actually trading when it's red no matter the situation if still have a chances to buy or sell in that condition. Can even benefit from it depending on how you take advantage of the situation. But maybe people need to analyze what will happen to the coin later, sometimes it also requires us to hold some wait the right time if the situation starts to improve.
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I do not know exactly how many people are know about bitcoin but people around the world have known about this currency. Probably from some people of these countries already know but do not use bitcoin at all.
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It is not easy to teach them about this currency, because it is new, of course people who do not have an understanding of this technology will be difficult to understand. I just explain them about bitcoin with what i understand and sometimes self-study is also through some literature faster to understand.
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I'm not trying to sell it when the token i hold is goes down. I'm trying to keep holding the token until the development give something interesting to investor the price will come back to rise after that.
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Good day, Do you think that BTC is going to reach 20k soon? If yes do I need to sell all alts and wait for rising BTC? What to do now ? I am confused!!!!
If bitcoin price is rising it mean also good for altcoin. Although the price of altcoin is down when the price of bitcoin rise but it's profitable too. Just selling your altcoin at a good price don't waste your money just because that.
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I'm not good trader who good to choice altcoin is the best but I further recommend you to choose Ethereum and Ripple. Both altcoins is on top 5 marketcap and also have big volume trade everyday.
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If that is possible why not, we not know what will happen with eth coins later on. Moreover, the price of ethereum currently equal to the bitcoin price years ago. But bitcoin currently still going strong every time so it will be hard for eth and other coins to beat it
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Bitcoin has helped me from various aspects is friends, happiness, and finances. I do not know what to say at a young age I can make my own money and then helping my closest family.
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Bitcoin price is getting down just like ski slop! Is bitcoin over? do you think bitcoin will recover their price? I'm afraid, I lost my everything almost 2million....
If you still believe bitcoin they will survive as long as many people still using bitcoin as investment or payment bitcoin price will recover. Just waiting for that time to happen do not worry too much with the price now everyone is waiting for bitcoin prices to rise high again.
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as far I know, no one, even you or the service admins can access if you lost your Private Keys.
Even admins can not access the wallet. Private key only know by one person not include the admin or the dev. That's why we must save the private key when open new wallet in the safe place and any place.
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I do not think bitcoin holder in India will sell their coins after hearing his government decided to ban bitcoin, they exactly have many ways to keep using bitcoin. Bitcoin was once banned in China but a few weeks later bitcoin price hit his highest price ever. People should not worry about this thing just relax and keep hold wait until a good price.
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Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?
I never encourage people to get into crypto, they used to come alone to learn on me. But i do not let them on the things that make them lose his money. I just encourage them to play for free while learning about cryptocurrency.
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Bitcoin transaction is anonymous anyone will not know who sent and received. This makes using bitcoin a safe transaction for drug dealers. Do not be surprised if bitcoin is used for crime.
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