Even if bitcoin becomes a world currency, even if all people in the world will use it and even if the price of bitcoin will be above $100,000 - bitcoin still will never be able to drop the dollar, because for a very long time the dollar is the most powerful currency in the world of the most powerful country in the World - America, I simply can not imagine that the dollar will fall due to bitcoin.
Good point of view. They are like two gig ants in the world. Bitcoin in the crypt world and dollar in real life. USD will never fall as a Bitcoin. It has very good repute.
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Many guys are saying that Ethereum will replace Bitcoin one day, but I'm thinking that this would be whether or not so soon or even it won't happen ever. Because in all the aspects Ethereum is loosing before Bitcoin.
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selling bitcoin is everyone's right especially if there is a very urgent need, but I am very sorry if you are going to sell bitcoin or altcoins because this is a very good asset if we make long-term investment let alone the price of both will continue to increase better hold bitcoin and altcoins you for a future to come.
If somebody doesn't believe in the profit for a long time investing, there is no way to how to get profit in the future from investing right now. The People's panic about the money.
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Your friend does a greater mistake than he told you this things. You can never promise another person that things that are not depending on the you. Like the price of Bitcoin or the profits from joining particular bounty campaign. You just cannot know for sure.
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Currently the US dollar is droping down and Euro is rising up but personaly I don't think dollar will experience final collapse. This is all matter of politics and politics just wouldn't allow this to happen. Similar like US will never have to pay back their debts, some rules are just not applying the same way on all countries.
I think USD will never go down. It is the most popular fiat in the world. Only fake news create some picture or default or something else.
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Bitcoin is not a fraud. It's true. But I will not dissemble: it is really possible to lose money in bitcoins. Despite the high potential profit (tens and hundreds percent per year) bitcoin is a risky investment.
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This is a good approach to investment. On another it is impossible. After all, investment is either profit or nothing. There are a lot of examples when people did not just earn on the cryptocurrency, but became millionaires. These are good examples.
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It can be effective, but you will not know the truth until you try. I believe that this can be promising, but it is not worth investing all the money immediately and in one project. It is best to gradually enter this market.
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In my opinion, USD will never to give up and fall down. It is the most popular banknote in the world. It has immunity to the economy fails. So bitcoin is stand by USD, but popularity is the main part of the place in the world.
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Bitcoin has been killed for dozens of times, diagnosed with the most diverse problems, but remains firm with more than 100 billion market cap. The fact is that many people who ""kill"" Bitcoin do not know the subject and end up making bizarre comparisons and talking nonsense. Those who understand a little know what is going on well.
People want to speak about the dead in real time. If to look at the situation on the market and of popularity we can see the rise of it. Who believes in it must be a petition to that news.
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As of now that bitcoin has a lower price I don't think it is better to be as a payment especially not all governments are accepting bitcoin so it not all countries will use it as a payment and it is unfair for some people who are using bitcoin eventhough it is not acceptable in their country so we must should let businessmen invest more and more and let people recognize it first before implementing it right away.
I agree with you about doing some shopping or something else using Bitcoin. It can be as a payment in a few years but not now. People are not ready for that
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The reason why we pay taxes because it is part of the law. As law abiding citizen we must pay the taxes imposed by the government or else we are going to be tac evaders.
You're right about it. It is so very simple. Even if you buy something in the shop you pay taxes, the same things with transaction fee and also payments.
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It can be ok for you but consider that you can miss a great opportunity because market is changing very rapidly, well you will be converting all this processes are out you can just miss your opportunity to catch the good price.
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I am excited, this is a good opportunity to jump in good projects while they are still cheap to buy but in the opposite I am worried as I invested when everything was at their pick so I am down big time.and also yes because i would have an opportunity to buy at low price.
This is two-sided stuff, it is of course good to buy low, but then you need to have a great confidence, that the Market will go up eventually, because if not, you will just lose all that you had invested.
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Facebook partially lifted the ban on advertising cryptocurrency, which had been in effect for the last six months. The right to advertise bitcoins and other cryptocurrencies will not be received by all companies, but only those that will be tested by Facebook. This is already good news.
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It can be true of course. Maybe in the near future maybe in 10 years. If another cryptocurrency takes place of Bitcoin nothing will happen. I think people still will invest into crypto. It doesn't matter who is in the first place.
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I'm not supporting the legalization of marijuana, but I can say that bitcoin and blockchain would be very useful for the country government, if they would be able to handle and regulate it.
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I've heard about one particular phone which has some of those similar features it is cold Akyumen Hawk if I haven't done mistake in the name. btw they provided an air drop of it.
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As for me it is not good idea. The value of altcoin is not big so it's better to sell them and invest in Bitcoin $100. Because from some period of time you can sell your old coins for very good price. Holding is a good process
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For me the reason is obvious, I am the citizen of my country I live under the government law system, and so I am forced by law of my country to pay taxes, so simple and clear.
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