Religion is important in financial matters. Islam has clear rules. They are based on Sharia law.Even in Hitler's army were Muslim troops. They blindly believe what they are taught. They are easy to manage. Islam requires that any currency should have an internal value. Since bitcoin does not have a binding to any resources, according to Muslims, bitcoin is not money.Bitcoin can be used as a more suitable medium for intermediate storage of valuables. The use of bitcoin in the Islamic world is limited.In General, bitcoin is not prohibited by Islam. But religious authorities are concerned about the high volatility of bitcoin prices.

I do not consider India a great authority in the cryptocurrency market. The Indian government cannot significantly influence the bitcoin exchange rate. There are other factors for this. No need to think that bitcoin is dead. The decrease in its value can be called the calm before the storm. Fluctuations in its price is natural.

Any actions that bring income can be called a business. But unlike traditional business, business with bitcoin does not have clear rules. In some States where the negative attitude to the cryptocurrency such business may be considered illegal.But in any case, it's a business.

Banks always act as intermediaries. In the face of cryptocurrency, they see their competitor. And the possibility of losing control of transactions.Banks lose their customers.If yesterday a person opened a Deposit in the Bank, today he keeps his savings in electronic form.Due to the lack of money, banks will not be able to issue loans to enterprises for the development of production. This can significantly affect the economy of the state.Because there is no perfect system of regulation of the cryptocurrency market.

I've heard that low-income countries are trying to create their own cryptocurrency. The governments of these countries are experiencing acute dollar mass.For example Venezuela introduced their what the al Patro. In fact, this can not be called cryptocurrency because they are fully controlled by the state.And it depends on the economy of the state. These two factors are the hallmark of cryptogenic. And to make contracts for any strange wrappers will not accept more than one state.

Have a lot of money you call it selfishness? What's the selfishness? It's an ordinary human greed. Man how many don't give it all a little. As for me personally, I can say that having large profits is an opportunity to gain financial independence. This is an opportunity to improve the quality of life of your family. And this is the natural desire of every normal person. And there's nothing wrong with that.

Now we are seeing a decline in the rate. But at all times, bitcoin did not have a fixed price. Price fluctuations are a normal and natural process. If this happens it means that bitcoin is alive and it works.

Throughout the history of the existence of bitcoin price fluctuations occur. This resembles a typical market bubble. This is what uninformed people think. This opinion is wrong.Bitcoin has never fallen below its level even in the awareness phase. Constant attraction of new users will lead to saturation of the market.Capitalization of bitcoin can achieve the maximum. And will lead to higher prices.The number of bitcoin coins is limited. Therefore, there is no saturation of the market.And the demand for bitcoins is growing. I think that even if bitcoin can be called a bubble, it can not burst.

People have different attitudes to bitcoin and cryptocurrencies in General.There are many different opinions about this.Very often, the bitcoin compared to the Tulip mania. But this is an unfair comparison. Unfairly believe that when the market is overpopulated demand for bitcoin will be zero.New users are attracted by the high price of bitcoin. The size of the bitcoin network increases and the price increases accordingly. The issue of coins is reduced over time. And there is no saturation of the market.This also leads to higher prices. It's paradoxical. The bubble inflates but does not burst. Because the market is not saturated. As a result, the process of reducing prices because of some factors is replaced by the price increase.

Bitcoin has no intrinsic value. It has utility.It quickly transfers the cost equivalent over long distances cheaply and reliably.The number of bitcoin users is constantly increasing. This means that the usefulness and value of bitcoin is growing in the same proportion.The more nodes in the bitcoin network the more expensive will be its unit of account.Bitcoin exchange rate fluctuations depend solely on the market mechanism.Demand is constantly growing and this entails an increase in the market value of bitcoin.

Blockchain technology is relatively young. And I don't know if such books exist. In any case, I did not see such. But you can learn about blockchain technology on the Internet. There are many sites.There you can find all the information you need.You can also get such information on bitcoin forums.

Bitcoin is safe. Ordinary people can easily reliably protect their bitcoins.But not everyone knows how to do it right. Therefore make mistakes and become victims of swindlers.The only way to steal your bitcoin is that the thief fraudulently forces you to grant access to your wallet.To avoid attacks, you need to protect your email account with two-factor authentication.The secret key is securely stored on the USB nakopitel or on paper.Do not trust companies with a dubious reputation and trust beautiful promising advertisements.In General, the security of our funds is entirely up to us.

There are very few people in the world who know about bitcoin. Indeed do know many but only a small part uses it in everyday life. A lot of people don't know how it works. When people understand its benefits bitcoin will become more popular and widespread.People need to provide more information about cryptocurrencies and their merits.

Bitcoin cannot be called a full-fledged currency. But as a currency at all. This is an alternative to traditional currencies. It is merely a means of payment. But this does not prevent him to become more popular and widespread. An increasing number of people are beginning to use cryptocurrency and trust it.It has great potential and a successful future.

I don't consider bitcoin a bubble. Bitcoin has another fundamental Foundation and has a promising future.There is a growing demand for it from users and investors. In some well-developed countries, it is recognized as a legal tender.The demand for digital currency is growing. In States where the economy is very weak bitcoin Is an alternative means of payment. Used for savings.This leads to economic growth.Everywhere there is an economic crisis, the demand for bitcoin is growing.

The problem of unemployment does exist in all States. But this does not mean that everyone began to sit at home and earn bitcoins.It is the prerogative of the government to create new jobs.You can combine the main work and earning cryptocurrency. We transfer cryptocurrency to Fiat and spend it on our own needs. We buy goods and pay for various services. This money goes to the state budget.Thus, we strengthen the economy.We stimulate the development of industry, agriculture, etc.and with the development of new technologies there are new jobs.It all depends on the person. Whether he wants to work or be a parasite or a useless consumer.

Bitcoin is the leading cryptocurrency.And he of course has an impact on the markets of all cryptocurrencies. If the technology SegWit will become more popular then the bearish trend may end. Because of the speed of transactions and the reduction of commissions.This system will be supported by a new bitcoin wallet.Will the closure of suspicious accounts . Coins that have no intrinsic value will disappear.

Now centralized cryptocurrency exchanges are becoming more and more widespread. But they are more likely to be attacked. Due to the high value of assets and the lack of proven practices.Compared to securities.The principle of centralisation implicit in the basis of these exchanges contradicts with the very fact of the decentralized blockchain.For these reasons, decentralized exchanges attract the attention of developers and investors.They are concentrated in the Ethereum ecosystem.Smart contracts are safer than centralized exchanges.But this is not the only reason why we prefer decentralized exchanges.Users prefer speed, low transaction costs and no market manipulation.

Japan, South Korea and China have the greatest influence on the non-cryptocurrency market.In 2017, these countries had 50 percent of all cryptocurrency trading. Japan is considered to be the birthplace of cryptocurrency.The Japanese government has a positive attitude towards cryptocurrencies. They are strictly and rigidly in control of this process. In this regard, most of the Japanese exchanges were transferred to Malta.China banned crypto-exchanges and imposed restrictions on mining.Exchanges and mining companies moved to Hong Kong. But China still has a large number of large investors and mining farms. In China, the very low price of energy, so mining there is very profitable.The small nation of South Korea led the bullish trend and led bitcoin to the level of 15000dollar. The participation of large States in the crypto market is beneficial for the crypto currency.

The fall and rise for bitcoin is a normal process in the development of bitcoin. This oscillation is associated with the creation of panic and excitement among investors. Selling bitcoins in large volumes leads to a decrease in the rate.Thus, supply exceeds demand. The number of bitcoins will ever end.It's endless. But it will happen not very soon. According to experts, this is expected to happen around 2040.