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To start trading can be used in small quantities all depends on your ability to assess the market, you can buy tokens or other coins and sell them at high prices, that is where the profits you get so that the longer your capital is greater. But starting a trade with a small amount of risk of failure that you receive big and the profit to be received is also small but it all depends on where you invest.
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We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
I guess no one control the increasing and decreasing of bitcoin price, so no one can predict it. Maybe we just need to be updated on every news about things that may affect cryptocurrencies prices, because for me a certain action done by a person or a group can affect bitcoin price if their actions are related to the digital currencies world. You can predict the rise in bitcoin prices by looking at bitcoin market share if more and more people want to invest in bitcoin then bitcoin prices will go up but if if a large group of people start stopping using bitcoin either because it is prohibited or anything else then this could lead to a reduction in bitcoin prices. For example, what happens in China because the government prohibits the use of bitcoin so as to cause bitcoin prices to fall. |
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I think know there come a certain time when the price of bitcoin will become stable and that is when the issue regarding legality and acceptance of bitcoin in the wirld market has been settled already. I think like a normal currency bitcoin has a fixed value its just that at this moment a lot of correction is happening and I think sooner the value of bitcoin will become fixed.
I don't think stable is going to happen any time soon. We still have a lot of coins which are able to be mined and a lot of uncertainty with the amount of people investing on a daily basis. bitcoin is an unpredictable currency so to know whether bitcoin prices will stabilize it is not possible because of the increasing number of bitcoin investors around the world that result in very high price increases of bitcoin, so if anyone says that bitcoin has reached its peak it is too early. |
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has been linked to bitcoin with illegal drugs, this being one of the use of bitcoin for crime transactions that exacerbate the name of bitcoin in society so this is an additional reason for the government to ban the use of bitcoin. In what we know, bitcoin also has other benefits for the economic progress of society but depends on the user who wants to be used for good or evil because all technological advancements depend on the way of its users.
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In my opinion, bitcoin is more likely to be an asset because only a few countries use it as a transactional tool and very few stores accept bitcoin as a transactional tool, so bitcoin is more an asset or it can be said more like gold can be used as a medium of exchange but not a currency. but bitcoins have the advantage of being able to transact anywhere and in large quantities so that it makes bitcoin better than gold.
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What I like most about bitcoin is the fantastic price increase and freedom of transactions between countries anywhere and anytime provided you are connected to the internet, you can do it all, as well as other advantages of bitcoin even if you keep it in a very large amount you are not taxed by the government in contrast to other investments such as savings in banks or other property investments.
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So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
If the government approves bitcoin then the government will definitely make bitcoin-related regulation and maybe the government will set bitcoin like bank only different system. I'm not sure that bitcoin will grow if the government participates in bitcoin settings because bitcoin is privacy and flexible. the government's advantage is that the government will be able to provide government-owned bitcoin storage or government wallets and every time a user makes a transaction then that's where the government's income goes. |
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Only yesterday's television shows here in our country could be a bad thing when you get involved with bitcoins. I'm so frustrated that the tv host has shown that bitcoins are a scam. Because of the fact that he has made many people will definitely not try to enter the bitcoins yet. And because that would be like an investment scheme that looks at bitcoins. That's not really true because bitcoins used to do bad things. And what I was most disappointed was that this tv host did not say the good side of bitcoins.
Now my question is how we can explain to those who watch tv that bitcoins is not a pyramiding scheme.
Is anyone told that bitcoin are scam? Because bitcoin is money how it is become scam? We know that bitcoin use for some investment so the investment are scam and not the bitcoin but we really know that if bitcoin does use by the scammer, bitcoin mustbe affected and somebody thought that bitcoin must affect. You can start from your first close friend showing how a transaction uses bitcoin and how to store it then showing that bitcoin can be withdrawn in the current state currency whenever you want and showing what benefits a bitcoin can provide. bitcoin is not a scam but there are some people who use bitcoin for fraud, so bitcoin is not wrong but people use bitcoin to do cheats. |
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I think that's something that makes sense because bitcoin is fluctuating. Sometimes bitcoin prices can go up and sometimes down but even if the bitcoin price goes down, I do not think it's big because it's just a natural process of bitcoin development. So for those who want to invest I think do not be afraid because to see the current market development bitcoin prices will still rise.
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It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.
Is the economy situation in your country that dismal? Or this is just some fear mongering?
Still my country in the list of developing countries list. My country's economy is balancing however with the income goverment plans and tourism. I expect that bitcoin to accepts in my country from tourister atleast. in my country is also still growing but its natural resources are so abundant that this becomes a support for my survival. In my country also developed a fairly rapid tourism sector and I've heard the news that in the tourist area of Bali island has provided a place to shop using bitcoin so maybe in my country many people who support bitcoin so for tourists who want to use bitcoin can be used for transactions |
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I guess to buy bitcoin at a time like this is a mistake because the bitcoin price is now very high so it's better if you want to buy bitcoin wait the price goes down again so you can buy it. But if you do not have bitcoin I do not forbid you to buy it because I also do not know whether bitcoin prices will go up or not.
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Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
The most probable reason i can think of about why people say gold is still better compared to bitcoin is the fact that gold has form. It's physical, tangible and precious that has been around for the past several years. Bitcoin on the other hand is still quite new and i bet if you asked any random stranger on the street a about bitcoin, i can say that not many will be able to know about bitcoin(as what i have experienced). Try to see both like this: Think of a doomsday/apocalypse like scenario. Since gold is physical, it will still be there whereas bitcoin being digital, will disappear with technology. The most logical reason because gold has the beauty that is liked by people around the world as decoration and in ancient times people use gold as a currency so do not be surprised if many people prefer gold than bitcoin. But in terms of superiority bitcoin better than gold because of the rise in bitcoin price is very high but many people do not understand so many still choose gold. |
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May be because no one can say that whether bitcoin would be allowed or banned by government. Due to its anonymity which helps criminal to use to money in private mode government are banning it also it made its way for for transaction across countries without any tax or barriers so government are imposing ban on it
in fact these are the real problem that must be sold, so that government can take real step for legalizing bitcoin, if bitcoin become legalize it will become more and more popular and hope that then people will do more trust on it. I agree with you but keep in mind if bitcoin has legalized the government will definitely give a special rule for bitcoin which certainly will be able to make bitcoin lost its identity as a very privacy transaction tool and the price can be regulated by the government so In bitcoin no more freedom in transact so this can kill bitcoin. |
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Hi guys,
Just curious.
I bought a little bit a few months ago, for the first time, for the sole reason that I want to invest in Bitcoins, and get a profit after 5 years, maybe 10 years.
So I would not need to check the price everyday, as it is of no use for me. But I do, can't help it!
I am not the only one I guess.
No.I do not check btc price daily but I do check altcoin that I am holding daily.I dont remember when I checked btc price last time You have to check it every day because bitcoin prices change very quickly and can fall because something like what ever happened banning bitcoin in china cause bitcoin price to go down even though the price is back but we do not know what future challenge will be a barrier to bitcoin price increase. so I recommend checking it out every day and often searching for the latest information about bitcoin. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
long-term benefits of bitcoin as an investment as bitcoin prices increase over time making it a promising investment. so many people keep their bitcoins for a long time. Imagine if you have 1 bitcoin for $ 8,000 and then next month the price of 1 bitcoin up 15% or about $ 9,700 then the price difference is your profit in bitcoin investment. |
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bitcoin and government to unite I do not think it would be possible because if bitcoin has been set by the government then bitcoin will not develop because bitcoin has high privacy on its users. Imagine if bitcoin is governed by the government means bitcoin is no different from ordinary currency and this will cause bitcoin to stop growing because its identity has changed.
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Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
I believe it is possible but not impossible, as in my country the banks are fighting against bitcoin as it is causing many obstacles to their development. Bitcoin does not need a bank because bitcoin does not have a physical look so just keep it in the wallet ie online wallet. It's just for the progress of bitcoin must have a clear company address so many people will be more confident about bitcoin because there is already a clear address. We also have to know many obstacles in bitcoin, government and bank, but even so, bitcoin should not replicate how to create a bank because they will change the identity of the bitcoin which is very privacy and does not bother draining the administration because this is the identity of bitcoin. |
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Bitcoin is a very profitable asset,but we can`t compare it with stocks and real estate.
Sooner or later the tremendous btc growth will slow down or even stop and we have to be ready.
This might happen after a few years or maybe next year.
Some assets provide less risk and less profit and other more profit and more risk.Bitcoin doesn`t fit anywhere and i can`t consider btc a risky asset.This will change in the future.
In its purest form bitcoin is a currency. However in todays world bitcoin is developed into the commodity or investment tool. So When it comes to investment in best asset for best results we could compare the bitcoin with other assets like real-estate, stock market, metals. As far as growth rate is considered we don't know how it move, neither at what rate it will move. Bitcoin and overall cryptocurrencies are unpredictable. Though we need to understand that everything listed on https://coinmarketcap.com is not currency. There are some tokens as well. There will be slowndown in growth and acceptance of bitcoin as well. However we do not know when. Till then get rich till you can. In my opinion, bitcoin will go up because remember bitcoin is also a currency that can be exchanged and most importantly is very privacy even if you keep it in large numbers there will be nothing set. not equal to stocks and gold if deposited in a very large amount it will be taxed by the government so this will make bitcoin will not die. |
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Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card.
If you'd be doing this here you will quickly lose a lot of friends. Around here only gypsies are opening their wallets wide so anyone can see how many cards or notes they have in. You're better of wearing bitcoin t-shirt. There are some really cool ones for sale. (with btc of course). Just like doing things that are not very useful, you simply spread the knowledge about bitcoin in social media or invite your closest friends and you just explain about bitcoin and answer their questions. I think that's enough because signaling bitcoin gives a real advantage and we do not have to humble ourselves because if you are impressed by force or need then they will feel it's just for your sake when it's also for their benefit, so if they are interested they will want to know more and more. |
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Some countries governments may go AGAINST Bitcoin considering the loss of taxation, threat to the governance loosing hold on the country.
May be criminal activities using bitcoins can not be detected due to decentralisation and a law and order of the countries can be affected.
Since every technology has pros and cons like that way different countries may face different challenges to make it legal so can go against it.
So if a goverment goes against bitcoin in a specific play and some1 uses it that means he might face the justice right? the government against bitcoin I think it is too much for a country that has a democratic system of government in some countries that has banned bitcoin but only in communist countries alone because the communist state strictly regulates its nation's economy so many policies are killing people's economic creativity. It is true there is news that bitcoin is used for crime, but we can see also that many people benefit from bitcoin so that all this technological advancement depends on the user not the technology. |
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