stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion.  Not true. Stupidity is not a social status. We could seem stupid in some context while be expert of some others. Trump is one of the Stupidest looking president USA ever got, be he'd not be categorized among the worst. Being poor and rich are mostly vicious cycle. Child of a rich man are rarely poor as they get the opportunity to succeed and second chances to fail from the young age. I agree. Stupidity is not a social category and some people are not poor because they are stupid. That is offence for poor people and some of them are not responsible for being in that situation and can't help themselves. Person who thinks that poverty and stupidity are the same category obviously doesn't know much about people and life. |
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think of blockchain as blocks or "chunks" of data that are linked together using cryptography in order to build a chain of them. now you can store any kind of "data" in this "chain of data" and use in any anything that requires. the main idea of blockchain is not about transferring data, but time-stamping and linking them together. the way it works is not at all efficient. it is a design that works for a certain purpose, a decentralized ledger used for a payment system such as bitcoin that stores the transactions and updates itself as new blocks are built on top of it.
Because of all these features and advantages blockchain technology could be used in different areas including finances, medicine, agriculture, basicly in everything where you want to trace all information or maybe have proof of origin. Blockchain guarantees trust to its users and data that can't be corrupted and that is the most important thing. |
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Not at all, I'm not convinced that governments will ban Bitcoin. At least governments of western and developed countries will not do that. In fact I'm sure they are trying to find the way how to incorporate cryptocurrencies into society, economic and financial life of countries. That is not going to be easy, it will take the time, legal regulation and probably not all will agree on that but at the end we will not running conversations about Bitcoin ban anymore.
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Don't look at the Bitcoin price dump as a worst thing. Bitcoin is volatile and price dump is a natural part of that cycle, it can't only rise all the time. As soon as you accept that, the better for you.
Also, the price of Bitcoin and altcoins are not necessary connected and altcoins don't follow Bitcoin's pattern. There might be some coincidences but not a general rule, so don't let this to give you a wrong path.
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It was about time. If you want to properly prepare young people for the future you also need to teach them about new technologies and Bitcoin and other cryptocurrencies belong to that.
More and more countries are aware that cryptocurrencies have become a part of our societies and that citizens need to be educated about them for their own good.
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If you asked me this two months ago I would have probably said yes. At this moment I'm not so sure this is going to happen. Corrections are quite often and for 10000$ we would need ratheh fast and continuous growth, I'm not so sure there are conditions on the market for that. I would say that price will not significantly change by the end of the year and it will stay in current range.
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If you have some skills and knowledge you can sell to.someone 200$ per momth shouldn't be a problem. Prigraming, developing, translating that is all that you can offer on a different freelance sites and get paid for your work. Just don't try with gambling, this is the way to lose, not to get the money.
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Not many people are willing to admit how much they actually lose, especially those who lost a great deal. Although losses are inevitable people usualy are not confortable to talk about that so don't expect to get exact figures.
Personally I play on safe and I don't trade big so losses if happen are minimal, not that big that would influence on my finances.
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Actually I did buy few things but not directly with Bitcoin but with my Bitcoin debit card. Unfortunately not much merchants accept Bitcoin and the offer of goods and services that you could buy with Bitcoin on Black Friday wasn't good at all. Of course I haven't spent all my coins and for luck I have my Bitcoin debit card otherwise I couldn't buy anything.
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Most people like OP usually buy stuff at the wrong time, and then sell what they should keep, and then they lose everything. As a tip when you're worried and start to become emotional about your investment, you will end up making poor decisions. If you need the money, sell, and find a more stable investment. If you're just greedy, I strongly recommend HODL. most people can't handle this type of market volatility and you probably end up buying at a higher price in the future.
the point of all is not having knowledge, many people panic so they don't know what will happen next. limited funds also sometimes make me want to sell when prices will go down, for fear that if it goes down deep enough and can't buy when the price is very low. Although you get tempted to sell be aware that price goes both ways, up.and down, so when the price falls that doesn't mean it will last forever. It's important to know to make the difference between correction or dump that might last a while and needs to be followed by some actions. Just don't ever panic, that will make you do reckless decisions. |
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This would be a game-changer for the world, maybe more and more people would start learning about Bitcoin and realize that it is the future. It's not scams or anything, and sooner or later, every bank will follow in the footsteps. I read also that it's still limited but allowing it is a step towards pure adoption. For anyone interested in other articles check the link below. https://cointelegraph.com/news/germany-new-proposed-law-would-legalize-banks-holding-bitcoinThis just proves what I was saying, that banks are interested in Bitcoin and to offer to the clients Bitcoin related services. They didn't want to destroy Bitcoin like many thought but tried to find the way how to get into the game. This is big news and probably a role model for many banks, especialy in Europe so we'll see how this will develope during the time. |
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We have had a ups and downs in 2019 and nothing too special this year. We are waiting for the booming year of 2020 to come.
Somehow, I feel very good for the next year of crypto market. Bitcoin is in a downtrend again, just like the end of 2018 and it has started a very strong uptrend. I believe history will repeat and we will have a glorious year.
I don't have too big expectations for the next year. Price will probably stay in the current range with few corrections, at least at the begininig of the year. We can expect some price rise too but probably not more than 10000$, at least that is my vision. 2017 will hardly happen any time soon so we need to be realistic to avoid big disappointments. |
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I'm not so sure that Bitcoin will reach 8000$. Don't forget that the pump doesn't necessary need to last, it could be only question of a moment. Although I think that the price might reach 8000$ or 9000$ by the end of the year that doesn't necessary need to happen now.
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Any trader with at least some experiences knows that trading without losses isn't possible. You can try to diminish losses and to have good straregy how to recover but sooner or later you will have to face the loss. There is no investment at all that doesn't have at least some risk and that always brings only profit. So, don't dream but face the reality. To face the loss isn't a tragedy, it's a tragedy if you don't learn anything from that.
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No one can't predict the price of Bitcoin. You can make analysis, speculate and guess but the result will always be the conclusion that you can't actually know how the price is going to move, it's a kind of play.
Everyone will tell some estimation based on.their own experiences and wishes and my would be that the price will stay in current range until the end of the year, I don't expect bigger pump or dump.
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Africa and another developing countries are potential big markets for Bitcoin. However, I see some other problems there like poor or low level education, lack of knowledge about new technologies, poor and expensive internet connection and similar. I think that at the moment Bitcoin is available only to smaller circle of people in places like Africa.
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Once you find yourself in a situation of lost or stolen cryptocurrencies there is not much you can do. You don't have much chances to get it back unless you are really lucky. That is why actually these advice are not so helpful except those about self protection, that is actually the key. Be very careful with your funds, keep them in different wallets, keep your passwords and other security data safe, take care about your computer or mobile phone security hygene, check every transactions twice before you send it and similar.
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That is not true. Bitcoin can always go both ways and that depends on conditions in the market in certain moment, supply and demand and sometimes inisome some smaller ratio some side factors outside the crypto world.
But it's actually funny to see how someone that actually has no relevant experience that is brand new in crypto world proudly spreads his ignorance.
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As long as people so interested in Satoshi and eager to reveal its identity, as long all kind of persons will appear who claim to be Satoshi. People want attention and glory, even fake.
I don't think that revealing identity of Satoshi.is relevant for any Bitcoin user, it's just question of curiosity. So, just let Satoshi be and don't bother who he really is.
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I beleive they are covering some of their losses but that is bad. Maybe they are afraid for their reputation but on.that way they represent the wrong picture for amateur traders that crypto trading is only profit or maybe just a smaller loss. That is why many think trading is fast and easy money and we are all.aware that is not true.
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