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So the thing is we can't say anything for certain in here. Yes the value fell for certain reasons. And it might stay there for a certain period of time. But I think it will go way up to 20k in the coming months because that is Bitcoin's true potential. So let's hope it hits that value asap.
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Altcoin investments may seem risky but they are worth a shot. You just have to be prepared to lose everything you put in as that could be the worst possible scenario. There are many Altcoins out there that are legitimate and have a nice future. Proper research, analysis and smart choices is what's most important for these investments.
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You need to be very careful before sending in your KYC details as there is always a possibility of your personal information being misused. I wouldn't tell you not to projects that request KYC. But make sure, if you decide to do it, to analyze the campaign fully to know if it is a legitimate one or a scam.
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This is great advice. For a newbie, reading this would be very helpful. I would like to add some of own tips. First and foremost is to have patience. Second is to make smart decisions like to hodl or not. This decision can be made by fully analyzing the coin and see if it is worthy to hodl. Third is to take part in legit airdrops, campaigns etc.
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Yes. I think now would be the best time to invest. The values are beginning to rise as you mentioned. And we know that last year in June,the values for every crypto currency in the market went way up. So yeah,there is great possibility that history will repeat and values will sky rocket. So it's better to invest now before it is too late in order to gain profits.
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That is slightly an overstatement at the moment because a major portion of the population (in my country) are illiterate. They lack the basic ability to read/write which is an essential criteria to be a part of the Crypto community. But it does have the potential to change many lives. Many people who do not have a job will consider this to be a great opportunity for them. The Crypto world just needs to be recognized on a larger scale.
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Yes they totally can. There is no requirement to be educated to join this community. But the only important thing that is crucial to know is how to read and write and also how to operate a computer/smart phone and you're good to go. And also basic knowledge about crypto would be very useful as you will know where and how to make an investment wisely.
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Who said that? I have made so many friends in this community. Many of which are women. There is no sexism or gender discrimination here. Anyone and everyone is allowed to be a part of the crypto community without bias towards a particular sex. That is such a good thing about this society.
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I don't know if I can believe this news as you have not provided any proof like a link that it is legit news. But if it is true then it's great to hear. I mean this is the best opportunity to buy some coins for yourself due to the price drop. So yay!
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its basically a memo/reminder
that banks cannot directly handly crypto.. just like they cannot directly handly beanie babies, or tobacco.. the only thing banks can directly handle is FIAT..
standard memo, no law change. its just a reminder.
it does not affect private businesses or citizens.. iranian people can still handle bitcoin. but you will not be seeing a bitcoin ATM or a beanie baby vending machine in a iranian bank branch
so relax folks. its not FUD news nor fake news. its just a reminder of standard practice that has been going on for decades
Yeah you're right. Bitcoin's usage cannot be banned. It is actually a good thing that banks don't get to control bitcoin because the rules and regulations that are to be followed with a bank may sometimes be annoying. There is only one thing that can stop us from using bitcoin and that is internet not existing anymore which is not going to happen for sure. |
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Because either they have no proper understanding about this mechanism and how it works or that they have a bad experience with this coin. This bad experience could be not gaining any profits and as a result, they lose faith in the coin. This leads them to believing that the coin is a Ponzi scheme.
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Maybe it's because they've made poor choices. They probably invested in coins that weren't worth it and they had to suffer huge losses. Therefore, when something like that happens, people tend to rant and spread hate about every Altcoin there is. It's just about making the wise decision because there are Altcoins out there that ensure benefits.
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These people have been talking in a cynical and negative manner about Bitcoin for so long now that I have learnt to bear with it and not let it affect me in any way. You are right about people being greedy. They are satisfied when the value is high.A small fall in the value,and BAM! Bitcoin is criticised to another level.
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WOW! That is some news. I'm so happy to hear my favorite coin Bitcoin being used as a payment method at my favorite cafe. I wish the Starbucks in my place used this app too. That would be so cool. This news makes me feel like Bitcoin just got one step closer to becoming a global currency.
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I was a noob initially. Gulity  but weren't we all noobs in the beginning? Those who disagree are liars haha. But now I think I'm a proud HODLER! I actually hodl most of it because I believe in the coins I've invested in and I'm just patiently sitting here, waiting for the day the value goes way up. Patience is key. |
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According to my knowledge, ripple would be a better investment when compared to litecoin. They are both widely known and trust worthy coins but I think that that ripple is very different from other coins and it is an attractive coin. Its price is very less too. So it's a less risky investment.
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Benefits are numerous. To mention a few,
1. We can avoid theft of our personal details as our identity stays anonymous. This is done with the help of a mechanism that's called "push".
2. Transaction fee is very low or rather negligible.
3. Decentralized which means that no central authority has any kind of control over it.
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You seem very stressed about this. I would advice you to calm down a little first as it is not a good thing to worry too much about issues like these. Regarding the situation, I would say that money is something that would upgrade your standard of living. As much as you'd like to not hear it,that's what we're all here to do. Earn money. But yes I agree that people who scam us are too greedy and have no humanity or goodness in them.
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I think it's not really important at this point to know who this person is. He has created this huge impact in this industry but that's that. If his identity isn't revealed it yet, it probably means that he doesn't want it to be revealed. So I think we should respect that and let our curiosity die.
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I've never really seen Bitcoin related movies because it's not a topic that they usually make movies about. But I think in the future when Bitcoin reaches its peaks of success, it will be a topic that is popular enough to make movies about. And hopefully they create movies that show Bitcoin in a positive manner. Let's see what the future holds for this coin.
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