Huh! Is it really possible? Who has all this information!!  |
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"What is Libra? A currency, a derivative, a security, a commodity pool or etc.? Lack of clarity in asset class is one of the regulatory challenges to launch this big initiative by Facebook. Cash withdrawal system is also a big challenge! Cell networks, working with retailers and others to sell consumers products can help them in this case" - This analysis is done by Coindesk. What's your opinion? Another thing, A report by QZ says that, Libra will not launch in 2020, the US election year. https://qz.com/1778527/2020-predictions-for-bitcoin-libra-and-the-digital-yuan/amp/So, is it good for the crypto traders? What is the future of it? Want to hear from the experts. |
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A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.
A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
General and regular problem is a lack of profit or nonexistence of it and huge boost in loses. During investing you mean bitcoin yeah? And in bitcoin at the moment I would call investor to those people who create bitcoin related business like bitpay, bitfury and similar ones, I wouldn't call an investor to a person who just bought 0.001 bitcoin or collected that via faucet. Bitcoin and cryptocurrencies carry high risk if you mean holding or on another hand - hodling. But high risk = high reward/loss. Problem for traders is that they can't safely store their bitcoin on exchanges, at first: 1. not your wallet - not your bitcoins and 2. exchanges are hacked pretty often. Brother, people who trade more than 1 or 2 BTC, how they generally deal with this volatile market? Simply they take risks? Didn't they get afraid to lose money? |
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Scams are surprisingly a huge problem for a lot of people new to cryptocurrency in general, not just with traders or investors. Most people don't seem to think enough about where their money's going or notice common red flags that signal something's a scam in crypto, but to be fair most people on these forums have been using or interacting with cryptocurrencies in one way or another for years. Scams have become more and more complex recently as well, which certainly doesn't help, but the most we can do around here is noting and discussing common scams and alerting new people about 'em.
But what are common issues without scams? What's your opinion? |
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First thing in mind on what you gonna face is "Volatility" itself.This crypto market isnt really that the same on what we saw on Forex/Stocks trading.
Hacking/Scams, FOMO/FUDS are only next in line.If your just new or recently jumped to this market then get yourself prepared in dealing with it.
Agree with you. But how do you generally deal with Volatility? |
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A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.
A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
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Coin Shares researchers found the average cost of mining a Bitcoin is approximate $6,300. So, the price jumped to $7,300 yesterday. And it’s profitable for the miners Forbes report said. What do you think?
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It's tough to predict the initial coins. Wait and see!
But, try to understand the coin sentiment before trade or investment.
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In a word, in the upcoming future, it's not necessary.
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Blockchain technology is the mother of Bitcoin!
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The big question is are all the people on this planet are educated enough about Cryptocurrency or every country on this planet are then high in technology that they can able to transact Bitcoin anywhere they are at the time they want to transact, if we are ready by then, then it's possible. I think the people on this planet are not educated enough yet about Cryptocurrency! We all should raise awareness about the cryptos, blockchain and as well as bitcoin. |
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I am not an expert in this area, but here is my opinion: It is more like the demand for the digital currency will rise because of digitalization, a new era will bring a new system. In 2030, we are expecting a modern civilization. Virtual reality will be a common thing and because of that, we need a payment system that we can use digitally and easy to use. The real challenge for adoption is lack of knowledge from the users and complexity, cryptocurrency is not ready yet to be implemented in real life because of this.
Hope education and awareness will rise rapidly in the next years. |
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Today i wanna tell you about my self,
Because some people may think i'm drama.
I'm just posting my own experience, i better know after scam it hurts alot, sometime i feel there is nothing to earn money through crypto.
Qustion: Why posting almost every post scam related?
Answer: Trust Me guys i'm been scammed so many times, So now i decided not to silent, i will not stop posting untill i save someone.
I hope guys will support me in my journey 😍
Can you please share your scammed experiences? How did the people approach you to be scammed? |
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Dear Forum Members, Every week I read different news portals to know and enrich the knowledge of Digital Asset Market which helps me to understand the blockchain and crypto sentiment and having a better investment and trade. Last week I have shared the Top7 news and we had a nice discussion. Here is the Top 7 News of last week. Week: 2 December - 8 December 2019 1. Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030The demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank (Investing: https://www.investing.com/news/cryptocurrency-news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030-2035291 ) 2. Bank of China Issues $2.8B in Bonds for Small Businesses Using Blockchain TechThe bank used its own blockchain system to issue digital certificates that prove ownership, form groups of underwriters and document proof of transactions. (Coindesk: https://www.coindesk.com/bank-of-china-issues-2-8b-in-bonds-for-small-businesses-using-blockchain-tech) 3. ECB Says It May Need Its Own Digital Euro If Payments Drive FailsThe European Central Bank is willing to develop its own digital currency if the private sector can’t make cross-border payments faster and cheaper. (Bloomberg: https://www.bloomberg.com/news/articles/2019-12-04/ecb-says-own-digital-euro-may-be-answer-if-payment-efforts-fail) 4. Microsoft Azure Announces Blockchain Token and Data Management ServiceMicrosoft’s blockchain-enabled cloud service Microsoft Azure announced new tokenization and blockchain data management services. (Microsoft: https://azure.microsoft.com/en-us/blog/accelerating-blockchain-adoption-in-the-enterprise/) 5. France Hates Facebook’s Libra So Much it’s Developing its Own Digital CurrencyFrance has moved to respond to the threats posed to its monetary sovereignty by embracing blockchain technology to issue its own cryptocurrency. (CCN: https://www.ccn.com/france-hates-facebook-libra-developing-own-digital-currency/) 6. Serious Bitcoin Warning Issued For Millions Of Facebook, Yahoo, And MSN UsersResearchers from the widely-respected, U.K.-based Which magazine have warned criminals are still exploiting trusted global websites. (Forbes: https://www.forbes.com/sites/billybambrough/2019/12/07/bitcoin-scam-warning-for-facebook-yahoo-msn-users/#6806f9be75fb) 7. Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin ScamThai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok.. (Cointelegraph: https://cointelegraph.com/news/thai-police-arrest-24-chinese-nationals-for-alleged-bitcoin-scam) If you have any suggestions, comment or discussion, Let's discuss it! Can you guess the overall sentiment of last week from the headlines? Is it Positive, Negative or Neutral? What is your opinion? ------------ Mir Rasel, Digital Lead, Bitcurate ( A Predictive Digital Asset Analysis Startup). |
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I have learned one thing - never trust news about crypto coming from Russia or India
the rumor is they are mulling the crypto ban , but they have been mulling it for the past 5 years
the russain papers have zero info about it , other than the draft of the laws that is not public
if it does exist than it is going to be sad news for the russians , they have enough restrictions in place with the digital money
some of the anonymous wallets like KIWI are being restricted and the banks are ordered to do more rigorous checks on the people who convert digital money into fiat
I hope this laws doesn't pass and there will be another five years of banning/legalizing crypto in Russia in the news
But recently Binance bought one of the biggest crypto exchanges of India WazirX. Then, what's the reason? |
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Let's talk about the biggest 3 regions in the world, America, Asia, and the EU.
Europe - slowly moving towards adoption, although they don't want to deal with crypto-currencies and it mostly relies on the member countries making the first move.
America - also slowly moving towards adoption, houses a lot of crypto-companies but still doesn't have accurate legislation for them and has only recently started to show interest in making their own coin.
Asia - heavily focused on blockchain technology (China), or crypto-currencies in general (Japan, Singapore, and Korea have some of the most lenient rules when it comes to running crypto-currency based businesses.
Do you think Asia will rule the future blockchain Economy? |
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France is still the best country for cryptocurrencies and bitcoin in particular.
I remember , I read a news that France is to much anti about the Facebook’s Libra. Then why it is? |
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They get fooled by the experts 
