Another not so famous guy dropping some hate on bitcoin. Where is the panic bro when you see bitcoin stabilizing on $7k and the marketcap is just staying between $320-$340 billion? Bitcoin just keeps getting stronger as the way I see it.
|
|
|
It is indeed great news but remember guys to the likes of Steam who can't take the high fees when bitcoin was unstoppable at a $20k price. I don't want to be a pessimist but it is also just an experiment where people have to wait very long just for their transactions to be confirmed.
|
|
|
Tom Lee? I don't trust that guy anymore. Anything he says make the outcome opposite. Just describe him as bullish in bitcoin and not analyst. He has no influence in the market unless he's a whale behind the curtain.
|
|
|
#Join Proof of Authentication Campaign: Signature
|
|
|
Regulations are there to help us minimize the risk and we can file any charges easily if things don't go well in cryptocurrencies. Bitcoin will not die because of that but instead, bitcoin will have a good image that will attract more investors.
|
|
|
Youtube and Reddit is always the best way for me to get information about any cryptocurrency I want to know. There are some CryptoYoutubers that are good in making technical things simpler to understand while Reddit is where you can know what is the latest update on any coin.
|
|
|
They buy bitcoin because huge companies are trying to implement blockchain on their system and it is slowly dominating the financial system and you'll just wake up someday regreting not buying a single one because it costs more than a $100k.
|
|
|
It all boils down to the progress of the coin. If the devs fulfilled what they have promised and followed their roadmap appropriately , it gives investors confidence that it will succeed and they will buy more in result.
|
|
|
Because it is very convenient to use and it is scarce. It is also a technology so definitely it has a price unlike those fiat papers that easily could burn and has no state of the art features that bitcoin has.
|
|
|
It's still a cheap sale for anyone who are smart enough to take the opportunity. Bitcoin is not doing bad after all. It's slowly increasing and having a massive support under $7k. I really feel another big explosion on prices will happen again.
|
|
|
It's really possible. At the first couple of years adapting cryptocurrencies, fiat will stay with it. But as the year goes by, a cheaper instant wallet will exist where people would feel convenience using crypto that will make all national currencies disappear.
|
|
|
Agree. It all leads back to bitcoin when we all suffer so much FUD. We all still hope for it to give a good performance in the market because altcoins going up does not really affects the mood of everyone. Only Btc can do it and create a massive FOMO.
|
|
|
As of today bitcoin is still risky. Security is still a big issue. There is no refund if your funds get stolen in bitcoin but not in banks. But there's no profiting when you invest in banks and very safe investments means no profit at all.
|
|
|
Depends on the usage because fiat has risks too. Fiat has inflation and just an increase in oil and crude's price, everything you need to buy also goes up. Fiat is also used in money launderings occasionally.
|
|
|
I think it will only take a good example of a country who makes a good use of blockchain. China is a already practicing a cashless society and they are even more excited to implement blockchain with it so that will make other government to legalize bitcoin.
|
|
|
Anything can fall no matter how huge the company that they have like what happened to Nokia and Blackberry. But bitcoin is very different even it goes bigger every year, it won't go crashing because it's going to be the new world for our financial system.
|
|
|
We reached mainstream actually but in just a short period of time and we are back to the small world that we are used to. It was december when bitcoin's exposure was so high but it did not last long because many people realized that it is not yet a complete working product.
|
|
|
When most of us are studying and then work hard to earn money, this kid just became a millionaire in an instant and in a very young age. I'm getting a bit old now so I hope that I reached this success as soon as possible so can start living my dreams.
|
|
|
So I recently read and article about FedEx Corporation is investing in blockchain. What do you think will be the effect of this in the crypto market? Do you think big companies will also follow what FedEx did?
There are so many of them that already done and going on that path. There is Kodak and LG that are big industries that is known worldwide for their products. I expect more to follow after this.
|
|
|
Bitcoin is not a scam. If you really know what you are reading, it was used by scammers who created the pyramiding who took advantage of the bitcoin hype. Any investment, whatever currency is used in it, is verified a scam when it offers unrealistic return of investment.
|
|
|
|