Yes indeed those people who don't believe or lose their trust and loyalty to bitcoin is now game over. It is because if you lose those two important thing everything will surely follows thru. Many people or I can say that many users of bitcoin are now in that state because of a lot of factors. Well we cannot blame them because some of those factors will really challenge your loyalty and trust. Bitcoin is not just a basic game because in here it is not only your money who in in line but also we can say your future.
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Btctalk name: boddy.dy Rank: Member Current post count: 429 BTC address(No BCH): 3AEdnXzMtZ3ZwnF4edtaetsiK8JRRfpuNk Wear appropriate signature: YES Wear avatar: Not Available
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Recovering from what? I guess bitcoin had ever fall down or any negativity state. If you are saying the bitcoin as a whole well then you are wrong because bitcoin it self is fine and in good state and still developing and empowering. But if you are saying with the price or value well the swing of its price or value is normal thing with this. Investing with bitcoin is just like a roller coasters the sometimes so high, sometimes low sometimes so fast sometimes so slow and this characteristics of bitcoin is one of the things that it's users like or love.
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In this day, yes indeed bitcoin plays a vital role in the economy. This is very relevant especially to those countries who fully embrace the world of bitcoin. If almost all the people of those country depends their income to bitcoin surely bitcoin will be a part of the economy. Just imagine that if those people who are depending on bitcoin will not have a income, surely the industries around those people will be affected that will lead to economy crisis. This step up is also one of the reasons why some countries totally embrace bitcoin for them to the economy and their people to have a good end results.
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Yes indeed bitcoin is quite difficult and challenging to understand because it has no control and very un predictable. With this ability of bitcoin it really need a hard work and more time to understand. I admit that I am one of those people who had a hard time before obtaining the thoughts and understand the concept and process flow of bitcoin. But I can say that this is worth it because after I understand bitcoin and start investing here I get a lot of benefits like having a good income or money with this.
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Selling everything is just like quitting for everything and this move I think is for losers because we do have the quote "the person who quit are losers and losers never win" which only means that if you sell everything and you are quiting you are a loser and will never be successful. We cannot make everything so perfect or working there are some times that you need to quit in order to survive and move on. Just like in investment like this there are those people who quit and pursue. We all know that those people who quit has nothing now but those who purse are wealthy now. So you choose if you want to have nothing or to have a wealthy life
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Those people who are complaining when market is down are those people who want to sell their bitcoin in higher price or value. I can say this because many people also say that the price or value of bitcoin is somehow affected with the market. They say that if the market is down the price or value is also down and that situation is surely not well what those people who want to do sell. For those who want to invest this is the good time for them but surely somehow risky because we don't know if the price or value will increase in the near future.
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Yes of course human stupidity can affect the movement of the market. In everything and aspect here in world, human stupidity is the most thing that can affect. It is very hard to prevent the effect of the human stupidity because this can produce chain effect like one stupidity can be followed by others that don’t know that this is wrong. Just like in market if someone buy or invest in something that is not really profitable and this move was been spread to others surely all those people who follow that stupidity will have the same effect.
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I agree with this that if you hate poverty we should love capitalism because for me capitalism brings a lot of good opportunity for the citizens. Well some people says that capitalism is not good because we are allowing here the private owners to control the trade and industry instead that the state or government. But for me and what is happening in our country that once the government is the one who has the upper hand the risk of corruption is too high which also causes low profit to workers and then poverty in the end. But once the company is own by private sectors they are giving all the needs and giving the right wages and benefits to its employees for them to support them well and not to left the company.
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For some of people who are investing in bitcoin it is really good for them that the price of BTC is low because this is the good time to buy some BTC if you trust that the price or value of BTC will rise in the near future. Well the other side here that for those people who want to sell their bitcoin this is not a good time for them. Well overall in my own opinion i can say that it is better the rise and fall of the price has somehow has a good effect so that there will be a new investment and new profit for the users or investors of bitcoin.
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Yes indeed crypto currency wallets can be hacked. By then i can also say that almost everything in the web or in the internet can be hacked in this modern day. As i can remember, some of our government websites were been hacked. As we know if we say that it is a government website this must not be hacked because we see them has the most secured web site. With this kind of modern world which hackers are also has the modern skill almost nothing is impossible not to be hack especially if the system is depending on the website or its operation in thru internet like crypto currency wallets.
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It is important for the bitcoin users and with the other beneficiary of bitcoin for the rise in the price or value because we want to have a huge profit after buying. In this kind of industry there are two kinds of people or we can say two kinds of want. The other kind or want is that the price or value must have small price or value then the other side wants low price or value. Therefore; we can say that the constant rise and fall of the price or value of bitcoin is important so that there will be a flow of buying and selling.
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This is possible that other countries or central banks will create their own crypt currency. Well as we know that there are a lot of coins and crypto currencies arise due to the popularity of bitcoin and others. It is because there is really a lot of profit here and all of us want to have this kind of system that can give a lot of profit. Others already did this, the not so good thing that they did is that they almost copied the other crypto currencies like bitcoin. They copied it then they just change something and develop something to make them say that this is different from the original.
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Bitcoin has no competition is this for real, well i guess this is not true because bitcoin has a lot of competition especially in this modern world. As the bitcoin grows the competitors also grows because some of its competitors are copying or patterning their developments with the developments of bitcoin. Well loud and proud we can say that bitcoin is the number one of all among and they are just copying for here. And also as the bitcoin develop its competitors now a days is not only the same crypto currency because some of the industry that were been affected arise like money remittances, way of payment in hotel and booking airline online and some of the payment of transactions online.
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Well i guess the right term is that in every investment it is for the risk takers. We should admit that in every investment you are putting your money or capital into risk because there is no sure investment in this day or even in the entire investment. In the case of crypto the difference is that it is quite more risky because only few people really know how to invest here. The knowledge in the investment is also one of the factors that make the investment more risky. So if you don’t want to take risk surely you will not go with any investments.
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This kind of saying is like you had loss your faith and don’t believe in bitcoin anymore. Well this thing really happen to any investment because there are no sure investment in this modern world. In this kind of industry the faith and the trust is a major requirement because if this two will be loss surely you will not be successful here. This is one of the skills that crypto currency investors must have because of the rise and fall of its price or value. So if you feel that bitcoin is not really for you well you must stop it now so you will not blame BTC if you get loss a lot in the end.
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What you can do is to sell you bitcoin right away because you might not get its benefits if you will prolong it. But if you really want to use bitcoin or continue your investment with this, what also you can do is to migrate to other country where bitcoin is not banned. The last thing i can see if you really want to patronize the crypto currency world is to look to other coin which your country embraces. Well this is really a dooms day to each and every bitcoin user if the country decide to ban bitcoin.
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Yes indeed it is better late than never and it applies to all aspects in our life especially in this modern world. Well some people had already their millions of money because of bitcoin and that doesn’t mean that we cannot be like them but instead this must be a motivation to us that if they can we can also do and achieve the same with them. Some people are getting negative mind set if someone had already did it, they are thinking that if there is someone already did no one can follow them especially in this kind of industry. But they are wrong, so if you think you are late don’t mind it but give yourself a try because there is not bad in trying rather.
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Yes, I can wait to prove them wrong about bitcoin. There are still a lot of people thinks that bitcoin is a kind of scam or fraud in with that thinking we can’t do anything about. For me what we can do is to prove them that they were wrong. Here in our country bitcoin were tag as a scam and fraud because of those abuse people who used bitcoins name in their criminal activities or in scamming others. What the good users did is to explained well the process flow of bitcoin, that this is not really a scam or fraud but instead an investment. We do hope that somehow those people who believed this is a kind of scam or fraud will be lessen after enlightening them.
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Somehow it can be especially if you will sell it in the wrong time and in the wrong place. Wrong time because you might sell your bitcoin in the low price versus the price or value you had brought it. Well we cannot blame those people who are doing this because they have their own reasons like panic buying and in emergency cases which you badly need money. In the wrong place, yes indeed in the is also a factor in selling bitcoin because some place is charging a huge when you convert your bitcoin the money. So, to not be stupid when selling your bitcoin make sure that you make plan.
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