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I think the whales exist, in every society they are people who are far richer than the rest of the population. I believe the same situation applies in the world of bitcoin. Most of the whales are early adapters who had a strong interest and belief in bitcoin, I believe they are now benefitting greatly in terms of finances from bitcoin.
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Blockchain technology is the future of the world. Blockchain technology can really be used to solve many issues facing humanity, in the area of health, education and other essential sectors of human life.
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Yeah of course, I think the word just come from my mouth is "slow but sure". Maybe now, a lot of peoples don't need this crypto for their lives, but I believe in the future we need this for our lives. For us who know about crypto just wait and time will tell. A regret comes in the end right?
Exactly, people who are not into the crypto space at the moment don't know the enormous benefits crypto has for human life in the very near future. I believe money as a subject has come a long way and the earlier people adopt bitcoin, the better. |
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Decentralization is the best way to go. Government can still have control over the economy of a country even if bitcoin is accepted as a legal tendency or currency in any part of the world. It is based on consensus, we need people to understand how blockchain technology works, so they can appreciate decentralization.
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I think Africa and South American countries would not be bad since there is no resistance from the government. Hence all those who are involved in crypto can easily enjoy their bitcoin without any problems from the government.
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I think one problem that the world of crypto would be faced with in the long run would be proliferation on the larger market by weaker hands who would always dump the price of bitcoin. Governments all over the over would also continue to oppose bitcoin as blockchain technology becomes popular.
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Personally I don't like checking the price of bitcoin on a daily basis, all that I do is to check at most every three days when am not actively involved in trading. The advice is great for hodlers, as you HODL, you don't really need to be checking the price that frequently as that might scare you looking at the recent state of the market.
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The whole system is decentralized so we are all responsible for the market and how it turns out. This is the real issue on the ground, I believe we are all responsible for how the market turns out, no institution controls the crypto ecosystem, thanks to the power of blockchain technology. So we are all responsible for what happens to cryptocurrency or bitcoin for that matter.
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I don't think there is a particular formula to start in the world of bitcoin. I believe you are at the right place and the right time, this forum is filled with well experienced and resourced members, you can also read more at the newbies beginners section.
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I think it is possible so but not always the case. There are many altcoins whose founders are around yet still they are doing perfectly well on the market. I think decentralization can happen even in the presence of founders of a particular coin. Who knows if Satoshi is alive or dead, I don't think much is known about this genius who created bitcoin.
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People need to understand that there are many potential coins to invest in regardless of the market situation. People are usually misinformed when it comes to investment since there are many SCAM projects on the market at the moment. In my opinion it is always great to invest in the popular coins anytime you are in doubt.
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Am also interested in credit card agents which would accept bitcoin as a means of topping up accounts directly without any third-party conversion. But from my previous searches, most of the reliable CC agencies have made bitcoin as a means of top up very complicated.
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The increasing number of unique wallets is mainly due to the high number of people signing up for bitcoin wallets. I believe bitcoin will not fall regardless , the world of bitcoin needs more people to subscribe to bitcoin so the value of bitcoin can moon.
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I believe as humans, people usually use their psychology a lot when it comes to making decisions which involves financial gains or loss. I believe this is the way foward in order to make the right decisions in life. The issue of fear and greed usually comes in when people feel threatened.
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That is the absolute truth , money is really important in the lives of human beings on earth, money is needed for almost everything basically. We need to be truthful to ourselves so we don't deceive people to remain in poverty whiles they can work hard to make some good money to better their lives.
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I strongly believe that bitcoin can become a mainstream currencies for carrying out various business transactions, I think this can become a reliability as the knowledge on blockchain technology is on the rise now and many others are still coming into the world of crypto.
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I believe bitcoin has a great influence on the crypto market but I dont think bitcoin is the so determinant of the whole market. I believe the prices of the various digital currency depends on many factors not only on bitcoin.
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The best thing that ever happened to the world of crypto is bitcoin, I believe the innovation that is happening to bitcoin is absolutely incredible. I like the rate of development of this incredible cryptocurrency called bitcoin. We need more innovations to keep bitcoin on top of all digital currencies.
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Although I joined this forum not long ago but the replies and education that I have read and also received from the bitcoin enthusiast on this platform has really equipped me to also help others. I was there yesterday when a man from nowhere came to my mum and asked her where I was and she called me for him. The man has heard that I have been helping people in the investment of bitcoin and also introducing them to the crypto world. Not knowing that this man has bought a Lambo with his bitcoin investment, I asked him who told him and he was laughing at me.
He then told me a friend of mine introduced me to him. He then asked whether we can set up a crypto school in our locality which we will also use to help people join us and also benefit from it. Although I told him I am thinking about it but friends do you know why I have already accepted his proposal in my mind but I want to know from you guys that is it good to tell him I have accepted or I shouldn't accept his proposal. Need your suggestions my seniors.
Education is always good for people, this is what keeps the world growing and developing. You can easily accept this challenge and start organizing meet-ups. You don't need to worry yourself with creating a physical school. So go ahead and start with the meet-ups, this is the best and sure way to go. |
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From my personal experience, I have have lost and gain in different times, but I still have great hope in bitcoin and some other altcoins. It is always great to learn from the experiences of others when it comes to the world of crypto. Bitcoin and the world of crypto especially members of this forum are knowledgeable when it comes to matters of crypto.
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