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I believe we are already in the cashless system in most parts of the world. Even in the developing world, you can easily transact business payments through cashless methods such as debit and credit cards. Bitcoin is really ready to compete in the world, where the cashless system is already implemented.
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Some of the negative effects, bitcoin would suffer in the near future includes continuous government interference and more negative news from people who don't believe in the dream of bitcoin and cryptocurrency as a whole. These are some of the few issues I forsee in the very near future.
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The future is crypto but we cannot rule out fiat currency in any way. I believe fiat currency and digital currency such as cryptocurrency can coexist but I think the taking over by crypto would be a gradual process and thus it would take some time before it can materialize.
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I think the crypto market is currently only showing resilience to Bitcoin on the market compared to altcoins where almost all are affected by a severe decline in price values. I believe that as long as Bitcoin will return to the normal phase, altcoin will definitely increase again.
Bitcoin have always been resilient on the crypto market. As the leading digital currency, I believe bitcoin is the best digital currency to invest in whenever you are doubtful in which coin you want to invest in. Bitcoin has really proven to be the best on the crypto market even in times of difficulty. |
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Such large wallet movements began to increase day by day. Information should be made about what is the purpose. Otherwise, this will be considered market manipulation.
Exactly the point, in an era where many crypto enthusiasts are of the view that bitcoin and the altcoins are largely manipulated by a few individuals and to a large extent controlling the prices of the coins on the market. Situations like this can raise few concerns by observers on this kind of sudden large transfer. |
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I don't think so, bitcoin mining contributes a relatively small amount to environmental pollution. There are larger industries in many parts of the world who are affecting the environment in the negative sense through pollution. I believe the future of bitcoin mining is even brighter as many projects plan on producing a cleaner source of energy.
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They just released an statement but they are not banning bitcoin or cryotocurrency so stop creating panic among the investors or later the cryotocurrency prices will fall more. Exactly the point, the popularity of cryptocurrency in India is really high. I don't see the reason why it would be banned , the government can make the necessary inputs for bitcoin and the other cryptocurrencies to thrive. |
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I don't think this "competition" would be easily be described. Both nations are doing great in their various endeavours. I think blockchain technology has really evolved and I don't think there exist any competition between these two nations. All I can see is great success at the end of the day for all crypto enthusiasts.
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Bitcoin would forever remain the biggest and leading digital currency there is absolutely no qualms about that, the altcoins cant compete with incredible bitcoin. Bitcoin has proven itself for quite a long time and I believe the best most altcoins can do is to follow the good example of bitcoin so blockchain technology can further become much more popular.
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The market trend can certainly repeat itself this year just as it did last year. The final quarter of every year has been great for the crypto market since 2016. We are in the final quarter of the year and the market trend for bitcoin looks similar to what happened last year. I believe there would surely be a higher peak before the year ends.
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There used to be very interesting bitcoin games which you can easily earn bitcoin by playing at regular intervals to earn some satoshi. The problem with most of these game applications is that most of them are scam, they cheat the players by paying very small amount of their revenue to users. Sometimes too, they end up not paying at all.
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Bitcoin would certainly go far with the bitcoin ATMs, I cant wait to use one, when it finally arrives in my country. I believe the future certainly looks right with bitcoin in place. I believe most crypto enthusiasts are looking foward to see the use of bitcoin ATMs in all parts of the world as this would certainly increase the use of bitcoin among alot of people.
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The reaction of people varies when it comes to education on cryptocurrency especially bitcoin since it is the most popular. I believe most people are still finding it very difficult to understand the amazing world of bitcoin. Anytime, I tried explaining crypto to some of my friends they find it very difficult to comprehend.
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People are really using their creativity and their intelligence to create wealth. Opportunities are abundant in the world of crypto especially bitcoin but people are yet to explore them. I believe the video clearly depicts a smart person who is using his intelligence to make some money.
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I don't think bitcoin would replace PayPal anytime soon, I believe bitcoin is doing amazing well, I think bitcoin and PayPal can coexist as methods of payment. Personally I prefer bitcoin to PayPal since bitcoin is widely accepted in many parts of the world.
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I believe it would be really possible for this to happen in the very near future. I think more research needs to be put in place in that respect so this can become a reality. The music industry is really viable. Everything is possible with the right application of blockchain technology.
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This is my first time of hearing about this news. We hope it becomes a reality in the shortest possible time to increase trading activities. I believe things like these makes trading very interesting on an exchange. Binance is such a great exchange with amazing features that makes trading easy and convenient. I believe fiat-crypto trading would be a good addition to any exchange.
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It is difficult to make any predictions about trends in the crypto market for five years. Trends are always on the move. 5 years may be too long for a review. In my opinion, based on the trend with narrow doors in the upcoming regulations will create many turning points for the market. Although there are still great difficulties and challenges, I believe the crypto will remain the fire in the next five years and Bitcoin will continue to be a pioneer in this revolution.
Although, it is sometimes difficult to predict trends in the world of crypto, I believe the future of blockchain technology certainly look great. The world of cryptocurrency is becoming popular with each passing day and that is the interesting aspect for all crypto enthusiasts, I think five years from now the acceptance of bitcoin around the globe will increase greatly. |
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If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin
I think it depends on the particular coin or asset, I believe sometimes it is not about trading activities involving bitcoin, bitcoin as the leading digital currency in the world can greatly affect most altcoins. Most altcoins depend on the price of bitcoin in various ways. In spite of this, some altcoins perform very well even when bitcoin drops in price. |
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That is really interesting, I dont think there is a time for any coin to die. I believe all coins would forever exist since people have invested their resources such as time and money in its creation. I think the coins would exist even though their value would depreciate.
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