Hi,
I think there are two main issues here.
1- Imagine the add. It will be strange I think. How can you manage to attract the attention of both youngsters and elderly? Imagine the 60+, looking at their screen, unable to understand what this is all about. You know, there are people who are struggling to use a computer. So in a few-second add... I guess it is impossible to explain what bitcoin is..
2- Which leads to my second issue: if you advertise about bitcoin, what will you advertise about exactly? If you want the add to be efficient, chances are high that you communicate about potential profit. And the problem is that bitcoin is not merely a trading tool. So chances are high that the advertisement is misleading.
Last: who would pay for it? I'm not ready for that personnally!
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I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis. so now I want to ask the question do you think we will see if it can be used as a daily currency??? or do you think it will be more like gold a good store of value??? My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis. in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin, but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people. For inspirational purposes, I have included my article https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/Hi, I agree with you. For the moment, anyway, it is not possible to use bitcoin for daily use, but I think this could really be interesting. I don't know if it will be bitcoin or another one, I just hope we will be strong enough to developp the needed tools...
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Hi,
Government don't really care about WHO. Well, it is what they say, but thelselves, they use anonymous account for fraudulent transactions.
Though, indeed, they are trying to implement regulations about crypto. And I guess the real reason behind those laws, is that they need to have control. And they can't if anyone can make transactions anonymously...
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Hi,
Is it really that important to know who did it?
What is truly striking is what has been created. Bitcoin, its community, the projects developped...
I personnally don't care about the "creator". My best guess is that it was done by a group of people. And.. I don't care!
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Hi,
Well, if the bubble finally burst and blow everything with it,
Some people will lose money. Can be quite a lot.
Companies will make profit. Because this is what company do.
Mass media will highlight the risks linked to Internet.
Specialists will endlessly talk about it.
And innerly, there won't be any change on society. Potential change can come from bitcoin, not from its death.
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Hi, These are two different kinds of investment actually. If you are afraid about a potential WWIII or world catastrophe, then gold is your best bet. Once everything has blown up, you still have something you can trade. If you are afraid about societal changes and political mess... Then bitcoin is your best option. Once governments have collapsed, you have a source of revenue that is not dependant on geopolitical stability. I gues both can be interesting!
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Hi ,
This could be interesting, indeed. Though, I see two main issues here:
- For the moment, volatility. The price can completely change from one day to another. Over the same year, prices can be absolutely out of proportion. So for daily use, I guess bitcoin is not suitable as long as it is so erratic.
- The technical network doesn't exist today. We don't have the technical tools. And time will pass between the creation of such tools and their spread in the whole society.
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Hi, It is quite impossible to make any accurate forecasts about prices. We all hope prices will rise and we will be able to make profit out of it. But I guess this is not really what is important about bitcoin, because btc is much more than merely trading!
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Hi,
It is quite hard to make any accurate forecasts.
I guess that most people that are posting on this topic actually have hopes rather than insights.
Personnally, I don't have the slightest about what can possibly happen. Though, I do hope for a prices rise.
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Hi,
It won't be safer to store several currencies. Generally speaking, people invest in different cryptos to mitigate the risk and to avoid complete loss in case of erratic moves for one currency.
But your wallet won't be more secured if you have several cryptos.
Please, remember that bitcoin is not merely about trading. Most cryptos have a purpose and represent something. There were created for a reason, so learn about it before investing!
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Hi, I guess none of the two options is the best one. If we keep the community small... Well projects will remain small, they will be hard to share and developped tools hard to spread. But on the other hand, in your second scenari, we completely lose the concept of "autonomous regulation" that bitcoin was all about. I want many people to become bitcoinner, but I don't want any large institution. And I know, I am naive when I write that...
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Hi, I guess it highly depends on who you ask. There are many people who know few about the technology and were only attracted by the huge potential profit. As for me, I believe in bitcoin, in the blockchain and all the technical tools that can be developped around. But it is not so easy to change the way people think. And let's admit it: we all like trading, for the thrill of potential profit!
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Hi, I don't really think that the issue for banks is about money laundering. Because this happens in some countries and large, worldwide banks have no issues being involved, as long as they make profit. I rather think that they see bitcoin as a threat. I don't really have a solution to offer, but I would say that it is good for cryptos... it means we are on the right tracks, important enough now for traditionnal financial institutions to react. Not so bad for a geeky tool without any future!
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Hi, It is possible but no one can forecast that. Actually, such value is really high, but last year, bitcoin has reached unprecedented levels... No one can tell and you should no believe such pieces of news. They are just made of to make people invest. Bitcoin is not merely about trading, keep that in mind!
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Hi,
I don't really think so...
Most fiat currencies are currently... Well made up out of nothing. The gold standard has long gone.. I guess that in Western countries, authorities would like things to remain as they are. They see that the system is on the verge of collapsing because it relies on nothing.
Bitcoin may be one of the tool that will make all the system blow. But I'm convinced it is not the only one and actually it is the only option I see allowing people to manage a financial authority by themselves, without any control authority leading it.
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Hi, I see only two options here: - Either it is a fake - Or the aim is just to create an entity which, in the end, will be large enough to control all transactions. Exactly what bitcoin is not about. Sorry but I don't see any good news here... (Maybe I am too sceptical and pessimistic, though )
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Hi,
Such a decision is really hard to make and should be carefully thought. What you earn with bitcoin can really change from one month to another? It is hard (if not impossible) to secure a rather stable earning? I understand that working for someone else, and being aware that they actually make profit on your back is really annoying but at least with a job you secure monthly earnings.
I don't know you personnally (and I don't want to know anything), but think about your situation. If you have a family, they will face the consequences of your decision with you. And it may not be easy...
Last point: are you aware that creating a business is not so easy? There are rules. There are administrative tasks that needs to be undertaken. That's not only about making money by oneself...
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Hi, 1- I don't really see the point of such a project. The idea is fun though. 2- If you add up the number of pixels and the price for each... Well you are going to be rich guys. 3- I don't think you need such an amount of money. 4- The link to your website doesn't work. I know that many people are accusing each other of trying to scam the community. I have no proof, maybe you are legit but... I assume this is a fraud. Though, if it isn't, please take some time to explain what's the point of such a project!
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Bitcoin is a foretaste of the kind of future we will be having. It has many advantages and positive features which the people are clamoring for especially after the economic near-collapse in 2008-2009. We need a better financial system away from the controlling interest of the greedy and corrupt traditional monetary platform we have right now. However, the road to this better financial system is not an easy one...can be just as bumpy as hell in fact. Change is not something that will happen overnight...it has to be fought and there will be casualties along the way (which can make things and people go sour).
Bitcoin and the technology behind it (the blockchain) since just another man-made is not perfect and nothing will be... but it has the features that can minimize the pull of human nature. Things are hinging on how we the people would appreciate Bitcoin and how we can use it for good and not just another tool for our greedy and corrupt human nature. Right now, we are always experiencing volatility all because of over speculation (partly cased by our desire for more or greed).
We should be hoping that after all the dusts are settled, Bitcoin will not be just another failed experiment...or just another man-made system that fell because we failed to go beyond our shortsighted human weaknesses.
I completely agree with what you are saying here. I guess that one good option to avoid greed is avoid communicating about bitcoin through the presentation of crypto as "the best and shortest way to become billionaire". The problem is that this is mainly how mass media present bitcoin. Either this or as a dangerous tool supporting terrorism. So how can we change this image? Most people are currently using bitcoin for short-term trading and few care about potential societal changes...
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Hi,
Simple question: do you think it is a good idea to sell when the price is low?
I understand that you fear that prices keep on decreasing. But seriously, do you believe that a small loss is better than a potential (but unsure) profit? Bitcoin is not about short-term selling.
Stop panicking. Stop listening to the others. Stop reading this post. Start thinking!
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