Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?
If you have well information, then you're welcome and free to contribute with bitcoins. I regularly observe numerous amateurs go to the market, put away their high cash, and begin expecting something important with digital currency.
Bitcoin never works this way; I accept cryptographic forms of money is an incredible stage for financial specialists; however, you need to contribute as much as possible to lose. Always remember bitcoin is exceptionally unpredictable. Usage of bitcoin, being responsible on bitcoin community and sharing thoughts about bitcoin is a very big contribution on bitcoin. If all people knows how to use bitcoin carefully and in a right way, it is a big deal because there will be less crisis but we all know that we cannot avoid crisis because it is a natural thing for bitcoin. Bitcoin is a good investment so I have no reason to be toxic in community and be a hacker or scammer. Maybe those hackers and scammers are very desperate to get rich instantly but they don't know that it will give them a big trouble. |
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" ROO HOUSE" ADOBE PHOTOSHOP  All of the images uses are free to use also you can check right here : Pixabay – Rock - https://www.pexels.com/photo/sea-landscape-sky-beach-65647/
Pixabay – sky - https://www.pexels.com/photo/air-cloudiness-clouds-cloudscape-414659/
Curtis Adams – House - https://www.pexels.com/photo/blue-and-gray-wooden-house-near-bare-trees-3935320/
eberhard grossgastei – trees - https://www.pexels.com/photo/trees-surrounded-by-fogs-in-the-forest-1287083/
Jahoo Clouseau – land - https://www.pexels.com/photo/agriculture-countryside-crop-cropland-388415/
Rohan Reddy - pumpkin https://unsplash.com/photos/9fziCJoXrFo
Thirdman - creepy tree - https://www.pexels.com/photo/witch-standing-outside-5408183/
Roobet username : kitakita143 |
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Also, credit to the free to use green screens :
https://www.youtube.com/watch?v=Ho3SUGJbjHM
https://www.youtube.com/watch?v=b7LDnnEXBJs
https://www.youtube.com/watch?v=fx8RLWWCTTA
Roobet username : kitakita143 |
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Of course, it is still safe if your fund is on your own wallet and you have your own private key and password rather than storing it in different crypto exchange because It might be lose or run away by the exchange team like what happen to IDAX before.
It also depends on what wallet you are using because sometimes there is a down of wallet that might make you lose you bitcoin and that is not a good thing for every bitcoin user. I am not saying that keeping your bitcoin on your wallet is not a good thing because it is the best thing to keep bitcoin but we also have to be wise on choosing wallet and we can ask the professional users what wallet they are using so that you also don't lose you bitcoin. |
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There is 18.5 million BTC in circulation right now, more than 1 million BTC is lost or in dormant addresses, the biggest crypto funds and exchanges keep buying it. What happens if just a few whales will buy and control them all?
If whales managed to buy all the remaining bitcoin, mass adoption will be having no chance to occur because bitcoin will be all about the business of that mentioned whales. Mass adoption will be not possible because bitcoin cannot be use all over the world if many of the people holds so much of it and if mass adoption manage to occur with those cases, many people will be poor and will be left behind. I hope that bitcoin community doesn't change and whales manage to use bitcoin in a right way to make the economy balance. |
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I have no doubt that they would be able to get it. me writing all the important password, email, or anything that I deemed important on a notebook they would surely get to my BTC(it is a lot so I don't really care who gets it). I have already informed all the closest people in me about bitcoin and the basics on how to use it. It's possible for my family members to open my wallet and move everything as I have a physical copy of my backup stored somewhere but it's unlikely they'll put the pieces together since they don't know much about bitcoin and I haven't had a plan for this kind of scenario.
that was one reason why I informed them about bitcoin. and luckily some of them are interested in it and will have no problem figuring it out themselves. I also use notebook to list down all my e-mail, passwords and any important informations that can be used by my family. When mass adoption occurs, we don't need to list down all of these information and what we need to do to make sure that our bitcoin won't lose is to give our family a rights to get our bitcoin when we die just like a property heritage and since the mass adoption makes the bitcoin legal then we can also have a legal transaction with a court or attorney. |
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We are already in "ber" months which it is a sign that we are fast approaching on Christmas day which is on December 25.
I have this on my mind that I'll start to prepare my present or gifts to some of my friends and family.
I want something related to Bitcoin like I will give a present that has related to Bitcoin, like some Angpao on Bitcoins? Paper wallets with Bitcoin inside? Or anything else.
So I am here asking for some opinion of yours, what's your suggestion for a present or gift for our loved ones for this upcoming Christmas?
First, you must know if your friend or family knows how to operate and use bitcoin because they won't appreciate what you give if they don't even know how to use it. Second, you must know your budget and how much money you will allot for the gift because if you spend too much money, you may end up getting bankrupted. Third, make sure that your transaction is safe and secured because you might get a information leak if you don't make sure that your transaction is not secured. |
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I am in marketing field for a long time but I gave a little attention to BTC. Now I am studying about bitcoin. What I got is that a concept which rises from ashes to heavens. But the main aspect which make me to think twice before entering the btc is its high volatility and also I fell prey to the negative views. And when I further watched btc then I got amazed that btc is getting more adaptable day by day. Then I suddenly realised that if anybody would have purchased btc in bulk in the start (In pennies) and let assume he forgets but now he suddenly acquainted with his btc then OMG he would have "massive money", cannot imagine.
Lol it's just a thinking but the morale is that I have missed the biggest opportunity and I accept that it's a blunder for not participating positively in btc.
There is a lot of people who set aside the bitcoin because they think that it is just a waste of money and won't be having a good future but bitcoin proves the people that it wasn't. Setting aside bitcoin is also a good thing because if we already make the demand of bitcoin higher for the past 10 years, we will be having a hard time to make the price of bitcoin higher but if we didn't set aside the bitcoin, the mass adoption should have been happening right now. |
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Or maybe, Bitcoin was really meant to be created because of the advancement of technology. Based on what I observed, bitcoin started the revolution for digital currency. Currencies that are immutable and transparent, maybe from the beginning we can see banks showing signs that they are against bitcoin, but as time passes by, the saying "If you cannot beat them, join them" is what the current financial system is doing. Perhaps, they are implementing various systems that might not beat bitcoin, but to somehow have control over it. So for me, the reason why bitcoin was created is for people to think, and to strive to achieve the freedom to control their money. If we are going to allow the financial institutions to enter bitcoin, I don't think we really understand the reason why Bitcoin was created.
Maybe Mr. Satoshi Nakamoto also foresaw that bitcoin will be a big help for the future and might even be the future currency for all over the world. He manage to know what bitcoin can do for the future because it is very easy to access and transfer to the point that you can transfer money in just a minute. If you can realize, a single human being can make the future better then you can also have a good future for yourself. Everyone of us has a different dreams but all of us wants to earn and bitcoin is the solution for that. |
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Most of crime is still done via fiat money, and governments are the widest perpetrators of crimes against humanity with constant taxation for war. Bitcoin is what allows people to be free from having their money be used to harm others.
Criminals is using bitcoin if they have enough knowledge about it and they cannot use it in crimes if they don't know how to operate it. Unlike fiat currency, bitcoin is not easy to access and not known by all the people and you will be having a hard time to retrieve your bitcoin when a crime happens if your country is allowing you to use bitcoin but if your country allows you to use bitcoin, you can use it but always be careful because you cannot retrieve your money all the time because sometimes no one can do a solution for a problem that is not experienced by the others. |
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Do you use VPN proxy?
Specially If You are Country Where the laws not Crypto trader Friendly?
Do You hold Ur machine or wallet in better juridical locations?
VPN is won't do so much for you because it is not a complete filter to make yourself anonymous when you are trading. If your local official really want to know who you are and what you are doing, VPN will be nothing since they are more powerful and they control the network or telecom that you are using even if the VPN is active. It may help you and you can use it as long as you want but other traders are not recommending it since it doesn't have too much help and may only make your computer's life span shorter. |
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Already predicted it, and I'm hoping that it reaches the 15k$ mark or make another new ATH.
Reaching $13k today is a good sign that bitcoin will dominate the market.
Is this a bull run for the year 2020?
Bitcoin has been dominating for a long time, and it could very well hit 15k in 2020. Now the price has dropped below 13k again, but this is normal. Bitcoin has repeatedly broken through the 12k barrier, and most likely will be so with subsequent levels up to 15k. The second half of the year can be considered a bull run for bitcoin, but not for altcoins, which further fall in price. Perhaps this is the result of an overflow of funds from altcoins to bitcoin. We still don't know if bitcoin will go 15k again and we are hoping for that thing. I already invested all my money to bitcoin and waiting until the highest value came. If 15k is the highest value that will come this year, it will be a big help for me because i can start trading on 2021 with a big starter funds. Bitcoin is doing pretty well on the past few months so I decided to predict that bitcoin will surely reach 15k for this year but if it doesn't come, I'll still continue my bitcoin daily life. |
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Though we often compare bitcoin to fiat, bitcoin is still not the alternative of fiat. We compare them to show in what sectors is bitcoin superior to fiat but fiat too is superior on some sectors. I don't think bitcoin itself would ever be replace fiat but with other cryptocurrency around, fiat surely would have a difficult day ahead.
Fiat has been here since ancient times while bitcoin is just a decade old. Bitcoin is a promising future while fiat is still the integral part of our society.
Yes, right now bitcoin is very young to take over the entire functionalities of fiat. Also people aren't ready to accept bitcoin with the same mentality of fiat for various reasons. Maybe the upcoming generation go completely with bitcoin, because these days we've got each and everything connected with internet and available within our hands. The upcoming generations are very capable in adopting this system, with how bitcoin is now being noticed from the business and financial side of industry. It's not impossible that the incoming generation will surely embraced this system, for now more people still engaged with fiat system and that's mindsets are hard to break. The continuous success of bitcoin being recognized worldwide will open the door of many people to start using and adopting this system. As of now, fiat is still the most important currency because there are still some countries that is not allowed to use bitcoin to buy a materials or a service and there are still some materials and services that is not allowed to pay using bitcoin even if the country is able to use bitcoin as payment method. We need to wait until mass adoption occurs and if that thing occurs, all of the bitcoin user will be able to have a full access to their own bitcoin because all available things may be paid using bitcoin. |
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For me, currently, bitcoin has several benefits, for example: • Privacy, you can send and receive bitcoin without identifying yourself. • Another advantage is speed, you can send bitcoin to someone on the other side of the world and a few minutes the other person will receive • Value reserve (digital gold), being limited to 21 million units, bitcoin is scarce and a deflationary asset, unlike FIAT money, which can be inflated by governments and central banks around the world. • And finally, and for me one of the most important ones, bitcoin is decentralized, you don't need a third party involved, nor a bank or anything like that to be able to send or receive bitcoin, you are your own bank  Privacy is not just a benefit but it is our right to get anonymous because we cannot reveal our own identity and if we do that, tax collector will surely chase us. Speed is really one of the advantage and benefit of bitcoin compare to the currency right now because we can easily send money on the people we know in just a few minutes unlike the fiat currency. Earning using bitcoin is the best advantage or benefit we can get by using bitcoin and i am very happy that i am earning right now through bitcoin. |
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This is the chart of Bitcoin's Avg. Transaction fee: https://bitinfocharts.com/comparison/bitcoin-transactionfees.htmlRight now the median fee is about $2. After lots of halvings the reward won't be enough to satisfy the miners. I guess that after a decade, bitcoin will be more widespread, as a result, more transactions will occur every second. Won't this increase the median fee? If it does, bitcoin will start being a not-so medium of exchange. Imagine paying $5 for a transaction. Even paypal doesn't charge that much. I think bitcoin transaction fee will be lower and might be even free when the mass adoption occurs and bitcoin transaction fee will looks like be money exchange. I hope that mass adoption occurs earlier than what we have expected so that we can set aside the bitcoin transaction fee because we are losing a lot of money due to transaction fee and it will be a big help if there will be no more transaction fee especially for those who are very active and always doing bitcoin exchange. |
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In 10 years, knowledge about Bitcoin will be mainstream.
But will enough people have adapted to this mainstream by then?
Once it has become mainstream, a group of countries - or even the IMF itself - could regulate all access to Bitcoin. Tracking coins and banning the sale of coins for fiat by exchanges if they come from certain regions ( exchanges, wallet suppliers). Illegalization of the exchange of Fiat for Bitcoin, with the regulation again targeting exchanges as entry points.
This regulates Bitcoin itself.
Is this possible?
How can we defend Bitcoin against it?
This regulation is what we called mass adoption and all of us are waiting for this time to happen because if this happens, crypto users will be earning more than what they are earning right now and it is really good for us. It will also allow all the people around the world to use crypto currency including those who aren't allowed. I hope that mass adoption occurs earlier than what we have expected so that no one can stop improvement of each country. I hope that all of us gets responsible when the time comes. |
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To be honest no one has the answer for this, people can just predict but that's not the real solution. I agree buying low and selling high is the natural phenomena of crypto currency, but trust me it also comes under extreme risk.
No one can judge so and so coin will go over the moon, there is a proverb knowledge is wealth based on that you need to keep on researching, well this will give you an overview on how to invest and where to invest.
Yes, we should also know when to buy and when to sell because other thinks that the price is low so they buy but the coin is still in high so they lose a lot of value and need to wait for another price rise to get the value back. Everyone should know how to read the pattern of coin he is holding especially when he is a big coin holder and long time holder because they may lose a lot of value with a small mistake. A big lose may give you a big disappointment that might end you up giving up crypto currency and that is not a good thing because crypto community will lose another member. Each member in crypto community is important especially those responsible one. |
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I am always into diversification. I guess it is always more prudent not to risk everything in a single investment. Although the largest portion of my worth is in cryptocurrency, I also have other investments such as stocks and real estate.
But, really, it seems to me that Bitcoin has never been this bullish. Large international companies are now getting into Bitcoin. As a result Bitcoin has become more solid as an investment option as these companies which are hugely invested into it won't just allow Bitcoin to easily crumble down.
It is easily noticed that times have changed. What was once discriminated as a criminal or a geek's currency has now reached the portfolios of several international companies.
I am using different coins and different wallets so that i don't get bankrupted easily but the disadvantage on what i am doing right now is you cannot earn a lot if one coin got a good value in no time. You have to choose if you are going to take the risk and might earn a lot or not take the risk but won't earn so much. I don't think I am going to continue doing this because i am not satisfied on my earnings right now and i have to focus and take care on one coin and i managed to use bitcoin because we all know that bitcoin is one of the best coin we can trust and invest in. |
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Sometime today, Bitcoin broke the $13k barrier and then retreated back to $12.8k. This is Binance screenshot and now that I'm watching it, seems like it broke $13k almost a day ago. But I'm not seeing any posts about this on the forum so I'll just post it. Total market cap also went over $400B which is cool. Will is stay above $13k this time?  Everyone is deserving to have this price of bitcoin because everyone did their best to have a bigger price. If no one trusts bitcoin, its price won't become like that and we cannot do a thing to move it. It will only move if there is a bitcoin buyer. I hope that the price stays above 13k so that all of us can earn a lot of money for a long duration of time. If bitcoin continues like this, no one can stop the mass adoption all of us are waiting. I also hope that bitcoin won't get a big problem so it continues like this. |
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It is way better if we will going to replace fiat currency by bitcoin that if only government will going to approve. Fiat currency is already an old way of exchanging transactions though it was proven effective and efficient but it could not compare when using bitcoin.
First, you can be anonymous in doing bitcoin transaction and that privacy is very important to you.
second, transaction is decentralized and that no one will be making your transaction except the miners that will only take minimal fee as much as possible compared to when using third party services to make transaction done.
third, you have hold your funds not like in fiat that you need to store it in the banks.
So, I guess using bitcoin is relatively good but for now it is still not possible.
Government won't let it happen unless bitcoin starts to pay a large amount of tax and it will not be a good thing because if bitcoin starts to pay a big tax, it will be having a small price rise and big price down. We are going to have a bitcoin crisis and our earnings will be smaller than what we are expecting. I hope that government let peoples to pay on supermarket using bitcoin even if bitcoin is not paying a large tax so that people still can earn using it and can have a better accessibility. |
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