much money and bitcoin.
but, i think the best way to move bitcoin price is, try make offer price above if you want to rise, and low if you want to make it cheap. but, must be many people contribute this one. better if you gather people than you try hard to collect much money than change it
Sadly, i don't think anyone of us here can come up with such amounts to influence the price even a bit. We're probably talking about millions of dollars here. And regular people like us can only do so collectively though a lot of times, we're also driven by the actions of whales. |
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Younger generation are more adopted to technology and more open minded about crypto, and the younger generation could create more usage for crypto, while older generation believe more in something tangible, like gold or stock, and some older generation even accuse crypto as a fraud investment because it doesn't got any physical shape
Young people always drive the campaigns. Do you really expect from old generation to believe in technology? They assume it as a virtual currency and hence no trust they put on bitcoin. I also agree.Older generation are already satisfied with the things they see around them but the younger ones continue to explore and even enjoy the innovations brought by new technology.So no wonder that people behind the crypto community are the young ones who never fail to support crypto until its goal of mass adoption will be achieved. Well it's understandable since this generation witnessed the dawn of technology. They grew up understanding how the internet works hence they are more open to changes. Older generation i think can also cope well but not as much as the younger ones. |
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I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.
From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?
We have once again been able to once again make sure that there is no price stability of Bitcoin. There can only be a temporary balance between supply and demand, caused by a lull in the market, which is perceived by the market as price stabilization. However, it is rather an exception to the general rules. On Wednesday, November 14, the cryptocurrency dropped sharply in its price, and this showed that nothing had changed. It has remained with the same high degree of volatility as it was before. You are even taking things a whole lot too far, as what you saw recently was just the market trying to find a direction and consolidating before that direction, that is not something I classify as permanent stability and it was just for the mean time obviously, as everyone who is conversant with the market will obviously know that already. However, in the long run, there is no market that can be completely stable when tagged with another currency, and I do not see bitcoin getting stable at all, the only difference we might get to see when there is a huge real life usage is less volatility, and that is about the highest we are ever going to be getting. Yeah even the current fiat system can't be labeled as stable with currencies changing values every now and then. Crypto's volatility is just a couple of notches higher since it's just at an early stage. And that's also why it can't be seen right now at the same line as fiat when it comes to transactional use. |
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poverty will be reduced if Bitcoin and Altcoin are utilized, but to get there I think it's still a long time ago because we know that until now the government is still unable to legalize cryptocurrencies for various reasons, such as fear of being misused for money laundering or other financial crime.
We need to understand that bitcoin and altcoins are just basically payment tools and utility tools depending on how they are fashioned, and in such cases, even though they may be disrupting a lot of things eventually, the idea of kicking out poverty is not something they will just solve pretty much like that, and they cannot even solve it unless actually utilized effectively with some other factors added when it comes to governmental policies, innovations and creation within the country itself which in this case, there will be more jobs, and people will tend to do well for themselves over time. Cryptocurrency is not going to do all of that alone. Well there is quite difference in this scenario. There are hundreds of people who have been benefited from bitcoin. They have done classic to recover their losses and they converted from poor to an average. Right now, they are earning so handsome and living happy standard life. But yes, you can’t say bitcoin is only for earning. I think it plays for both things. The best we can do is by encourage all the people then teach those who really want or willing to know about cryptocurrency. But the one who can help those people are theirselves because if they really want to have a better life they will find way. Poverty is not the reason why you there but the one who involve to it can change it. right, the one who can change is yourself. as long as there is willingness and hard work, of course it will be easier to receive lessons here, besides that discipline must be maintained, because all the rules must be obeyed it is about teaching a man to fish and not to give a fish, it is better to teach people how it works because it is impossible for someone to eliminate poverty it must be started to a person itself. Cryptocurrency is just a medium for us to be rich so we should put our efforts and time if we want to have a good life. Many people and governments do not know the power of blockchain and crypto currencies. Block chain is a technology through which we can eliminate the poverty. Governments need to decide on a vast level on how to implement this financial system in their countries. I think there's a big "how" To that statement of yours dude. Yes blockchain is an innovation but it was meant to make transactions easier going forward. If governments are having problems solving poverty in their own turfs, then bitcoin, crypto and blockchain would't be as effective as you'd wish it would |
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The rapid decline in the market was caused by BCH, and their internal war forced the depreciation of Bitcoin. Bitcoin depreciated $1,000 in a short week, which is the lowest price in Bitcoin in a year. Maybe Bitcoin is about to disappear.
I don't think it's about the bch fork anymore since it shouldn't take as low as this for people to realize the difference between btc and bch. Bitcoin has been freefalling pretty much without any major fud to cause it except for panic. I'm curious where the bottom could be. |
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I am more worried about the fall of ETH. Now it has slipped to third place (in terms of market capitalization), behind both Bitcoin and Ripple. And I am actually worried that XRP is not falling as much as ETH.
There's nothing to worry about. ETH, like the rest of the market, is tanking due to Bitcoin flash crash, but XRP taking the number 2 spot doesn't mean much, just that XRP is getting pumped to take advatange of the situation and claim a higher spot in the charts (honestly, market cap isn't that important). And I believe this is only momentary, once the market recovers, ETH will climb back to where it belongs. market cap is very important, because it is highlighting complete value of coin i agree that XRP is pumped to be second, and ETH does not have support from big players, that will dump it when upswing happen Well the market in general is an eyesore with ripple the only top coin staying above water. This selloff has seen bitcoin below 5k and eth way below 200 usd. Both lowest this year. I agree about eth being more concerning since they've been tanking even when btc was steady above 6k. Guess we just have to cross our fingers for december. |
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t is true. if every country wants to use or implement digital technology or financial currency technology, the country must be supported or have good internet services and have an extensive internet network so that it can facilitate all people in that country. so that the internet service provider must be prioritized in order to use crypto currencies.
That has been one of the major obstacles for worldwide adoption from the beginning. And that's why physical exchanges for transactions will never be obsolete because of this restriction. And africa isn't the only country that has a big challenge when it comes to online access. |
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Whatever reason that made China to do that is not an issue to me but as far as am concern,airdrop to me now is worth declaring illegal because is full of scam.99% of airdrop as turn out to be a scam.
it's true because now airdrop is a scam because there are many coins in the end scam which hurt many people. so I really like China which is illegal in airdrop China has always been against anything related to crypto and it makes sense that they ban one aspect of crypto that puts a dark shade on it. With the number of bogus icos that came out the past two years, airdrops are one of the top methods they use to get people onboard their projects. |
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awesome news.
very soon we will all be able to use crypto to buy things freely and everywhere... etc.
no longer subjected to crazy exchange losses when travelling.
A lot of us have always been thinking and hoping that one day we will be able to live life, go places, and make payment for anything without even having to convert to fiat first. Sure, it is certain that however we want it, fiat is something that will always remain one way or the other, but as the world turns digital and we get to see digital payments than paper currency payment, I am really believing seeing means for real life usage, will really help greatly to see this space grow more than it is now. At least, things like this will help a lot for global adoption and awareness. Hopefully people will see it that way. Though with it's high volatility, like what it's showing now, it would be difficult to use your btcs fot purchases that you know would be worth a lot of times more when the market recovers. I guess we need to be a little more stable and it will come, just not now. |
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I think real money in the future will keep up with the times and technology so that it is more practical, fast and efficient, and it is the same as the nature of crypto currencies and all will be digital
I don't think anything would be exclusively digital even in the future. There will always be the need for something that we can physically touch and hold even with n advanced society's standards. So the digital age may advance and make things easier for us but real money will always be a necessary option. |
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How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Getting people to make use of Bitcoin would be a very difficult thing to do. First of all, most of us already have a bank account and do you expect them to withdraw the whole they have in their accounts or maybe half of it and move it to cryptocurrency? No, that’s not going to happen, cryptocurrency is not even stable, how do you expect people to do such a thing? They will never agree. Not today at least. Satoshi meant for bitcoin to be used like a currency for easier and cheaper transaction, though btc's current state would make it hard for anyone to consider it for it's real use. But don't count that posibility out as well since bitcoin's future is still far from realization. |
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From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
Fiat currencies are not going to be eliminated, if there is anyone that will be eliminated among the two, then it likely to be cryptocurrency. But none of them would be stopped, they will be around and you will use whatever you want to use. Although cryptocurrency seems like it’s going to be quite a big competition to banks in the future, if people decides to be mainly using it for their transaction s. Both fiat and crypto can coexist with one another. And that's what will make the future a lot more convenient for people, since they have options that's more suited for their transactions. Some are probably just getting too excited about the prospect of a cashless society which may take a long time to start happening. |
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Most important for using wallet security, many people have lost their asset not only on myetherwallet but also on exchange account because they have use low security of their wallet.
Or being a bit careless in giving out information. I think more than wallets being hacked, info phishing victimizes a lot more people. That's why the safest option especially if you keep a lot of coins, is to keep it offline. |
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The truth is that,you don't expect everyone to embrace it,some will do why dome will not because that is the way of life.Some friends actually embrace why some ignored.
Many of friends do know the future belong to this crypto currency and are very interayed and have already buying the coins in this down market which is the best thing as you are getting the coin at lowest price and as well you can make money when the price starts to rise . Those who do not understand this concept do not take much interest in knowing more about it . Well as the previous guy said, not everyone would have interest i such things. Even if the day came that crypto overtakes fiat as the main mode of currency, those that didn't believe it at first would just go with the flow. People may not believe us now but it will take a natural turn once adoption crawls it's way to mainstream markets. |
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History repeat itself just like last year when market was down with so many adversaries happened opposing bitcoin from SEC and rejecting ETF. We are still hopeful that we could see another great run from bitcoin before the end of the year as well as to all altcoins and see green uptrend again.
so we hope another history could repeat this year.all crypto investor and community hope last year price could repeated before this year ended. With the way things are going right now, all we can just do is to hope for the best and at the same time, be expecting the worst. However, it won’t be a worst case scenario if you really know how to play your card well with the dips. Anyway the market wants to bring it, the most I can say is that we are game and what is important the most is how the market becomes a lot useful in the long run anyway and how it tends to grow the more, which in that case, the thing anyone should be doing right now is to accumulate the dips if it comes. Well whole year round we've been hoping for a turnaround though most of the time we get the bad end of the deal. Btc below 5k for the first time at a time when we expect the market to recover. You really have to have balls to survive in this market lol. |
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When you think all banks around the world with adopt blockchain technology? Or this will not happen too soon?
Banks are very prone to getting hurt by the crisis and can not really do something good to shield them selves. Though upgrading the system to crypto might solve some problems. I don't think cryptocurrencies will be a problem to them. Banks are something that is inevitable to exist in a country since it is a great business if you will be looking at it. As long as there are people using fiat, there will always be banks. Even though people are using cryptos, there will always be people that will use fiat since most of them are not used to use another currency and not that used to technologies and others are not really on cryptos to use on the society as a payment method. I'd stick on an investment crypto rather than a currency crypto. Sure one way to look at it, but one thing we still have to realize is that banks has never for once had any competition and that has made them to do whatever they please, bring any policy that suits them at the detriment of the customers, knowing that in the actual sense, people certainly do not even have a choice at all. Now, this is a different case entirely and it is pretty obvious that banks are now beginning to feel threatened to some extent at least with the existence of cryptocurrency, which to me is something good and those values we are not actually seeing yet with banks, will start popping up as they tend to try as much as possible to stay relevant. So one way or the other, to survive, they will just have to adapt! Well i wouldn't call cryptocurrencies a competition yet. And banks are far from extinction phase. Though i think banks are well aware of what the emergence of crypto and mass acceptance of it means. It's inevitable that some time probably in the future, banks will find a way to cope with advancing technology. |
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You have to learn it yourself to get the best results.
if you want to be smart in trading you should try trading, as time goes by you will be proficient, you can also discuss in forums, so I never pay to study because I learn it myself.
Well there are also benefits of paying for it since you'd be under tutelage from experienced traders who probably figured a structure already for trading. Application of course would be a part of it but it would always be a plus to learn from someone who studied the industry and why not take the chance if you have the money to pay anyways. |
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Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol
Great choice, mate! The market is still unstable at the moment and I think it will take time for the market to fully recover. I don't advice anyone to jump in to the market due to some negative factors still existing in the market. You should just hang in there and wait for the right time to go in. Well it was stable for quite some time lol. Now it's spiraling downwards pretty quick with bottoms bring broken in a span of hours and taking the entire market with it. It's probably time to do some early christmas shopping for btc and alts. |
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Ethereum now down position number three coin of coinmarketcap. XRP now top two number currency. So what is your thinking about Ethereum trading? Now I am hopeless. Maximum time I trade by Etheum. So Now I am disappointed for downfall of ethereum
The Ethereum price is falling due to lack of people investing in ICOs. The Ethereum price reached up to $1400 due to high number of people buying Ethereum to invest in ICOs. Now many people are disappointed with ICOs yet small percentage of people are buying Ethereum. Investors are playing us knowing that they have a big role in crypto world as without them, the entire market would be possibly paralyzed. But is somehow, some of them are still working on crypto and aren't giving up their life and money just to make way helping it recover from long dips. But is sad that isn't enough and it needs our help for fast recovery. Well, current situations indicates that it's not only ether that's having a hard time. Bitcoin followed trend and there doesn't seem to be any good news coming our way pretty much for the entire market. I agree that the decline in icos had a big effect since a lot of them are on the eth platforn to begin with. Oh well, hopefully we get to have good end to this dragging year. |
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Aaaand support lines keep getting broken it seems. I thought a new week would see us recover from that sudden plunge but the trend hasn't changed. Hopefully you're wrong dude but current happenings point out to exactly what you said.
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