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Every now and then someone asks strange questions ... asking if the safety of the wallet is important is like asking if it's a good idea to lock the door of the house ...
In fact, especially in the crypto world where there is no control or central authority, security must really be in the first place.
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Bitcoin is always a source of surprises: for a long time it surprised us by its volatility and instability, now it has been completely flat for two months.
Nobody knows what this calm is for, let's hope for the good ...
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As you can see, making predictions in the head of the crypto is really difficult.
Of course, in July the market seemed to start again, but then it ran aground and now it's been two months that it's practically still.
We are all waiting for a recovery, but for the moment we can not see it.
So, no "bull" ...
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I understand that we want to eradicate corruption, but blockchain can help little.
Apart from the fact that with the anonymous bitcoin corruption increases, even with an unencumbered situation, there are so many ways to use dummies that the use of blockchain will solve little or nothing.
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At the moment, the only intelligent solution seems to me to wait, even if - for those who are good and willing to risk - scalping you can make good money.
I tried, but obviously I'm not good, and I've got it back, so I prefer not to do anything.
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Perhaps the big investors really begin to understand the potential of the blockchain, and all the implications and innovations it will bring.
But I fear they are studying the sector only to defend themselves and profit from them, certainly not to improve the lives of the public.
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Bitcoin tends towards stabilization, pending the tax decisions of the various governments. If these are positive, there may be some recovery, but they can hardly witness an explosion like last year.
Then, everything is possible.
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Bitcoin and Ethereum are the two cryptocurrencies of reference, and it is inevitable that they are continually compared.
In my opinion, the depreciation of ETH in the last period is not justified, perhaps it's only due to the excess of worthless token, so it should recover.
We'll see.
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Nobody likes to lose money, but the wallets seem sufficiently safe, if the elementary precautions are respected.
About the "safety" of the exchanges, I think the best thing is not to keep all the money in a single exchange, hoping they will not collapse all together ...
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We are all wondering what the right move is to do.
Bitcoin has been stagnating for months, but it seems to resist to further depreciation, so it could well promise.
The altcoin, I do not know ... the entire sector has lost 90% in a few months, and it seems really difficult that it can be raised again soon.
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It is certainly possible that academic institutions - like other institutions, moreover - have put some money in the crypto market.
But I do not think we're still getting a full acceptance of the bitcoin, so ... it will still take time.
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It's definitely a good idea, and would help protect against election frauds.
The great bitcoin revolution is right in the blockchain and its applications, and probably we have not yet realized how powerful it is.
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Maybe it's not ridiculous, and surely most people will not understand the problem, but when there is a central bank issuing a crypto, this is no longer a crypto but a normal electronic currency. It would mean the death of the crypto. |
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It's a good question, which I asked myself several times: if by "capitulate" you mean to sell everything to recover the possible and exit the crypto ...
I do not know, I still think that the bitcoin will grow again.
The point is that selling now seems stupid, and if it were to go down really , useless.
I keep what I have.
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A cryptocurrency issued by a government, with a central bank, is stupid by definition.
Bitcoin is born decentralized precisely to remove power from states and banks; in the moment a crypto is emitted by the state, it is just usual fiat money in electronic format.
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The fact that data and information are new wealth is certainly not new.
Let's say that perhaps information has become too much, and that true wealth is in the hands of those who can filter, manage and use it for their own purposes.
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There is always some "crisis" coming, so if we let ourselves be influenced by the prophets of doom we remain paralyzed.
At the moment, the biggest crisis is in the Azonian market, which took a very heavy blow last week.
Perhaps, for the crypto it is good. We'll see.
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If you are not able to psychologically manage the instability of the crypto market, it is better to dedicate to mutual funds ...
The crypts allow big profits, someone has enriched, someone has lost, ...
It's part of the game, if you do not like it, do something else ...
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We are all frustrated, but it is not the first time that the bitcoin is declared dead, and then resurrect in a spectacular way.
After the explosion of last year, a correction was inevitable.
Rather, it is more worrying the fall of the altcoins, which does not have much reason to exist: many products are good, we hope they can do it.
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