Bitcoin will stay where it is even with or without global economic crash. Bitcoin is not driven and influenced by the economic progress of our world because it only relies on the basic law of demand and supply. As people will invest more in bitcoin then the price will go up and it will continue to have a progress throughout the years.
When those that right now have Bitcoin will lose their jobs and they will have to eat they will need to use their Bitcoins for that. And not buy more Bitcoin as they are doing now when their paycheck is always there. Economic crash influence value or any asset. Ii think not because bitcoin depend with their self without need support from economic world, today no one institution help and promote about bitcoin but price of bitcoin keep stable with higher price, when world economic crash I think bitcoin keep exist on higher price with many investor around the world make investing with bitcoin and altcoin.
|
|
|
Joining signature campaign bounty to earn free altcoin, look with other account which one bounty campaign are joining. Allow their website and check about bounty campaign. When I never new legit bounty campaign, I open bitcointalk forum and looking other signature profile, I research their signature link and looking which one profitable signature campaign to earn free altcoin.
|
|
|
For me bitcoin is the way how I can increase much money by investing, not have the same with other investment bitcoin can give me profit bigger and faster than other way for investing, just some time I got risk when bitcoin down because I have waiting with little long time for get back my profit and I trust bitcoin always have positive respond from investor back to higher price.
|
|
|
Less education about bitcoin make millennial do not know about how to get source income from bitcoin, millennial look waste their time by playing mobile legend and active for using social media, maybe if any one want to promote bitcoin I think millennial interested with bitcoin and try to learn how to get passive income with bitcoin and adopt bitcoin for legal payment.
|
|
|
Binance is a good excht and the token has been increasing after its dump to 15$ few weeks ago which is the highest dump and market in general was down too including BTC but it has been picking up so good, last I check it was 20$ and still increasing so to me, BnB is a good buy for anyone because the owner is an enthusiastic individual aiming to achieve a greater heights and I am certain soon the native token will move back to where it was and above. Not your financial adviced, you can as well do your won research as I spoke base on what I know.
Although have listed with binance exchange and own by binance platform is not give guarantee for BNB become postential altcoin at the future, almost altcoin depend with bitcoin price although BNB have their own platform but keep allowing with bitcoin, right now BNB have lower price because bitcoin still down but you can get chance when BNB still drop by investing your money.
|
|
|
You less promoting about bitcoin in your twitter tweet, you have use your twitter account based on your twitter name because talking about bitcoin and you have giving information about bitcoin. You can try by make tweet link how to invest with bitcoin and feature by using bitcoin as legal currency payment, always give more update information about bitcoin with your twitter account.
|
|
|
You shouldn't use the situation or the stand of gold globally to measure that of Bitcoin. Gold has always been there and will continue to make impacts. Moreover, economic situation of a state can push people into adoption of Bitcoin too, look at the situation of Zimbabwe. No, people would not go into digital things when they have ecnomic crisis. Just imagine, if you are so poor and worries about what can you eat tonight, will you put your last dollor into bitcoin?
Don't be too sure to judge yet, once the price of Bitcoin start to pump like it did in 2017, many people, even those who don't have the fund will do anything to get it. They will need to sure their future of course and specially their liabilities and needs for them to save theirselves from crisis. It is good that the bitcoin introduce for compatible country which the industrialised country because they have some financial for crypto that will help to increase the price of bitcoin. Economic situation only take care with their country self without think how economic situation on other country, better for other country never heard with US recommendation by adopting USD for every transaction from other country, why not move your transaction digital with bitcoin as currency payment, without inflation and your economic condition country on your hands.
|
|
|
I don't have ideas how to replace KYC with other system without upload our document data, many IEO investing project needed KYC because they want only give permission for investor allowed in their country become IEO investor participants, many country not giving space for investing with ICO and IEO project, next time many IEO and ICO project need KYC.
|
|
|
My concerns focuses if bitcoin will be adopted
1. Scams and Hacks which is very inevitable on the internet. So if Bitcoin achieve mass adoption, scamming and hacking will be more rampant. Non-techy people will be at disadvantage 2. We don't have any idea about its future value. So people will always have to predict what would be it's value in the future 3. Environment. Right now, one concern here in bitcoin is the electricity it consumes. If the mass with adopt it, more electricity will be consumed and it would affect the environment really bad.
Scamming and hacking in bitcoin cases make many investor not safety for investing in bitcoin, company look not agree for accepting bitcoin as transaction payment because many hacking cases with bitcoin now, for the future if bitcoin keep safety and never have hacking cases we don't worry with bitcoin and altcoin become most popular currency payment.
|
|
|
They can't just stop from being a slave of the capitalists, how would they feed theirselves and their family. Only the rich are able to and they are just few, by the way they did'n have a slight chance to have a revolution, they are contented on what life they have. Worst is they even see crypto as a threat to their wealth. Interested people that wants a change are only a few, I include myself. The people who suffered great lost from the capitalist world, they want change too, and one day maybe the change we want isn't unreachable anymore through crypto.
It's not about socialism vs capitalism, it's about the people vs the state and the users vs centralized services. I've seen Bitcoin being criticized by both the wealthy elites and by socialist commenters, but inherently both arguments were the same - they were against Bitcoin's freedom, because it undermines centralized power. Most of the people in the world still have the authoritarian mindset - they want the government to fix all their problems, instead of looking for solutions based on peaceful cooperation. Banker try to keep their member always save money in the bank and never give chance for other currency investment try to get their member and why big banker give bad opinion with bitcoin and claim bitcoin is not good global financial stability, although fact bitcoin can increase people money value than keep saving money in the bank have inflation values.
|
|
|
When I first made my Bitcoin investment three years back (back then the exchange rate was $900 per coin), the amount came from my savings. But after 2017, most of the coins that I earned came from various bounty campaigns and airdrops. Now the prices have risen by so much (10x since 2017), that investing any amount in Bitcoin looks very risky.
Investing in bitcoin has not become more risky as time has passed, what it's happening is that during those days bitcoin was affordable but that is not the case anymore, bitcoin is too expensive even for people living in developed countries, there was a thread that exposed the amount of money that each person was saving on average depending of his country of residence and the truth is that very few people have any meaningful savings that they can use to invest in bitcoin. Many people not lucky like you are because they buy bitcoin when price on the top last three years, bitcoin raise above $15K but after few day later bitcoin drop and now bitcoin have been under $8k. Have ready faced risk when make investing whit bitcoin and altcoin because I think bitcoin price is not stable on higher but also can be down with lower price.
|
|
|
managers bounty affected by red trusts usually they have a belief that bad in this forum plumpness manager bounty they get red trust because they commit fraud and do not pay the amount corresponding to the bounty hunter they also commit fraud by creating multiple accounts to get a great gift they greedy want to enrich themselves.
Many bounty campaign manager never allowing for red trust account participated at their campaign but not worry if you have red trust account you can participated with bounty campaign allowed for participants have red trust, maybe you can check spreadsheet or bounty campaign rule first before you joined, when you get participants have red account accepted you can join.
|
|
|
By free way we can earn bitcoin but need time and patient waiting for get bitcoin, its not instant to get profit with bitcoin without have money for investing, we have looking site giving bitcoin free but need patient because payment need time one month like joining bounty campaign. If you trust and never give up for joining many site get free bitcoin I think you can success with your work.
|
|
|
I can see that the discussion got diverted from the original topic. The OP was asking how to encourage Bitcoin users to treat BTC as a currency, rather than as an investment asset. First of all, the transaction fee needs to be reduced to a sustainable level, if we want BTC to be used for payment purposes. With Paypal having a minimum fee of $0.30, do you think that a lot of people would be willing to pay $3 per transaction for using Bitcoin?
Completely agree with you mate. Bitcoin cannot be used as a currency with exorbitant fees. It serves well as a store of value than anything else. Luckily, there are second-layer solutions in development with the purpose of reducing fees and increasing transaction speeds for enabling micropayments worldwide. If successful, you could expect Bitcoin to rival traditional payment processors as we know them. The main advantages of centralized payment systems are instant transactions and low fees. Once Bitcoin's Lightning Network becomes adopted massively by people in the mainstream world, it could stay in par with traditional payment processors. But to drive mainstream adoption into Bitcoin, we need to do our part to promote it as much as possible. Talking about its benefits to other people is key towards long-term success. If we don't do anything about it, we can't expect mainstream adoption to come out of thin air. Right now, most people use Bitcoin for daily transactions on top of the Lightning Network. If we want micropayments within BTC to become viral, we should encourage other people into using the Lightning Network in the first place. Otherwise, people won't be aware that they can send instant transactions at a very low cost. Nonetheless, as we spread the word about Bitcoin, people will become curious about how it works. Of course, governments and mainstream media have taken their part to talk about the negative aspects of the pioneer cryptocurrency. But that's where we come in as loyal supporters of the largest Blockchain in the world. As long as, devs focus on ease-of-use, people will be able to use Bitcoin as a currency more thoroughly. Just my thoughts Talking with bitcoin is not god as currency because higher fee I disagree with your ideas because only bitcoin have less payment fees with good service how faster payment using bitcoin as legal currency, just weakness of bitcoin is need time for confirmation transaction and stil illegal in many country for using bitcoin as currency payment.
|
|
|
Well you already a member rank so i think you dont need an answer. I think only few bounty accept newbie rank to particapte on their campaign. At least you is must get junior member rank. If you can get full member or maybe senior member you will big advantages when you join a bounty campaign.
Maybe when created topic he still newbie and last day got merit and rank up to member, become member have ready to start joining signature campaign and get higher reward thank junior member rank bitcointalk account. Many signature campaign available for joining signature campaign and make worth posting every day and reach minimum 10 post one week depend with signature campaign rule.
|
|
|
Bitcoin is very unique and the kings of all the assets, no one can easily replaced it. The fact that Satoshi created the blockchain, It's another feature they're considering why a lot of users are still using it and investing on it.
Bitcoin and altcoin has a lot of difference so we can't compare it easily. Even other assets have LN in their chain, bitcoin is still the best of them all.
Bitcoin not only unique but also have higher price and never have altcoin can replace with bitcoin position because they still on lower price. During this time altcoin price depend with bitcoin, they will never replace bitcoin position because when bitcoin down altcoin never grow up and always down for long term.
|
|
|
Bigger business come from with small business, so why you scare for starting your small business with cryptocurrency. Many people have been success start with very small business, they faced with many time bad moment and keep fighting until how their business have been success. Maybe talk more is not important without action by your self with small business to start in cryptocurrency.
|
|
|
Red trust account only con joined campaign where allowed for red trust participant bounty, maybe many bounties campaign have stop for accepting red trust account but you can find little campaign allowed red trust participants, you can get back your account from red trust by helping from moderator of bitcointalk.
|
|
|
Bitcoin only available as trading and investing many people in my country underutilizing with bitcoin function, still not allowed bitcoin as legal paymeny currency make us use bitcoin for investing assets, very easy when bitcoin have adoption in my country become legal currency payment for the future, I think need time for government want to use bitcoin as legal currency.
|
|
|
It is exhilarating because if cash transaction will be limited in Malaysia there is a huge chance that bitcoin and cryptocurrencies will be recognized and became more popular because they will be focusing in online transaction or cashless, so there might be a chance that more people will be using bitcoin and other cryptocurrencies that would result of increasing of it's prices.
Most of the transactions were cashless or digital now a days for that we don't need cryptos,only very less percentage of total fiat money in the world is in physical form others were in just digital figures of banks database so that government didn't change anything to be honest. Mobile banking might be the intention of Malaysia but since some transaction in bank if like in my country is still laggy or have occurring maintenance then it's not gonna be effective and the vest way if we wanted a much easier and faster transactions is too use cryptocurrency if those store I used to buy stuffs accept crypto I'll be willingly pay via crypto. How about with investor use much value cash money for their transaction, will limited on Malaysia and give bad effect for them? I think is not good implementation to limited cash transaction, by higher volume cash transaction every day can give opportunities for get much profit but when cash transaction have limited will give bad impact with profit.
|
|
|
|