 Show Posts
|
|
Pages: « 1 [2] 3 4 »
|
|
I still think Bitcoin is only a child in its infancy. It has only existed for 12 years, and we have watched it gradually change the world's view of it. Its current price is not stable enough, but the overall momentum of BTC is rising, and I am optimistic about its development in the long term.
|
|
|
|
|
Up to now, the true identity of Satoshi Nakamoto is still a mystery, but the bitcoin he created has indeed brought a huge impact. I think his original intention is not to want the digital cryptocurrency to be controlled by the government or central bank of a certain country, but It is hoped that it will become a currency that is freely flowing around the world, free from government supervision and control. We don't really need to care who Satoshi Nakamoto is, we just need to know what changes he brings to us.
|
|
|
|
|
My two cents
Fiat allows you a generally accepted payment system in a certain region, being it country, village, continent, whatever. Within certain physical borders (and currently of course) no one can refuse the accepted fiat currency. It is generally accepted, the different financial and governmental institutions back it and people accept. You can pay to anyone or any store, you can make comparisons, you can exchange it and you can also hold value..
Bitcoin mostly holds value, mostly serves as a financial instruments...you invest or speculate, but it you were going to pay for your groceries, you might not be able to do it. But even if you were able to do it, due to the scarcity and the huge volatility, you would not want to do it.
On the present days, considering different forms of use, fiat is better...bitcoin, or crypto in general are better in terms of investment, speculation.. In the future, there is a huge potential for crypto due to all of its benefits as a coin, but different changes are needed in the way society and institutions are organized.
|
|
|
|
|
Newbies are advised not to touch altcoins and contract transactions. Because novices know little about trading technology, it is difficult to independently determine whether a new altcoin has investment value. After the precipitation of time, mainstream currencies are unlikely to suddenly return to zero. Similarly, contract trading also requires traders to master advanced trading techniques, otherwise it is difficult to judge the direction of market trends. Increasing returns also increases the risk of loss. If you really want to open a contract, you must learn first.
|
|
|
|
|
It was the first time I learned about Bitcoin from a friend. It was the first period of Bitcoin's skyrocketing. It skyrocketed from US$13 to US$1,000 in a year. This investment efficiency is simply the greatest miracle of this century. We all think it is 90. After the last chance to get rich. In the next few days, my friend and I specialized in learning about blockchain and Bitcoin. A week later, we concluded that "blockchain may represent the future, but Bitcoin will return to zero sooner or later. I didn't care about digital currency until 2021. I accidentally saw a news one month ago that Bitcoin has risen from US$10,000 to US$40,000 in the last three months. How ignorant I was at the beginning, haha.
|
|
|
|
|
Bitcoin's energy consumption is just one of the minor issues. Many countries prohibit Bitcoin mining and other activities, which also reflects from the side that these countries want to regulate these mining activities, whether it will affect their country's legal currency, so Some countries will take measures against Bitcoin.
|
|
|
|
|
Most of these altcoins are upgraded on the basis of Bitcoin. The foundation is from Bitcoin, so I think it is difficult for other altcoins to surpass Bitcoin unless their founders have something new, from history. Look, almost every time Bitcoin rises, many altcoins also rise, but when Bitcoin falls sharply, no altcoin is immune, so they cannot affect Bitcoin, but Bitcoin The currency is guiding and influencing them.
|
|
|
|
|
As I the circle of life in all systems.
~99% of all life that has ever lived is now extinct. Complex life led to complex systems, and steeper degrees of competition for finite resources. Life goes on, but things adjust, moving pieces in the larger machine change but the engine keeps turning.
~99% of all stocks have gone to 0. We don't see this phenomena in front of our eyes, because people measure our economies using aggregates and indexes, but the rising tide is carried by a small subset of the healthy and fit companies. Nearly every stock that has ever traded on the NYSE eventually went bust, but the market index continues to climb as the clear winners continue to rise and carry the overall market with them.
Crypto is no different. Coins have come and gone. If we look at historic market cap data, besides bitcoin all top crypto markets in 2013 are no longer in the top 10-20 coins for 2021. Some outliers have held out and remain in demand, but their death is inevitable.
|
|
|
|
|
We only have to look at the countless examples of people in countries where Bitcoin is banned to see people continue using it. Or we could simply look to the decentralized P2P file-sharing network, BitTorrent, which continues to thrive despite it being illegal in many places. The other factor is there'd need to be a global, unified ban, which is unlikely, so there will always be regulatory/geographical arbitrage. Bitcoin the network and protocol are near impossible to stop.
|
|
|
|
|
When I first came into contact with Bitcoin, when I was in college, I didn’t know much about this cryptocurrency. At that time, some of my classmates bought a small portion of Bitcoin and asked if I wanted to invest with him. I I rejected him at the time because I thought it was an extremely risky kind of scam, but now I understand that Bitcoin is a decentralized currency, and I have a sense of trust in its security and privacy.
|
|
|
|
|
I don’t think I’m going to worry about this issue. I think it’s only temporarily affected by some bans and certain factors. The short price drop will not last forever. When it falls below US$30,000, I might be. I'm really worried, but this is not a serious matter compared to the previous Bitcoin crash. Relax, brothers.
|
|
|
|
|
Bitcoin will not become a universal currency, but will become one of the terminator of the universal currency. All encrypted electronic currencies, together with the cross-chain lightning network, form a new multi-currency free competition mode, squeezing the universal currency. You said that Bitcoin deflation, as a universal currency, deflation is the big problem. You said that Bitcoin has an infinite bifurcation and therefore inflation. As a competing currency, the inflation after the bifurcation will be offset by the fall in exchange rates. Therefore, various encrypted electronic currencies just form a self-stable competitive relationship, coupled with smart contracts, form a perfect multi-currency model. Universal currency is the root of all evil and pain.
|
|
|
|
|
I don’t have a problem with the meeting about clean energy, I in fact think it’s a great idea. It will remove one big tool Bitcoin FUDders use. I have a problem with market manipulation. He is not stupid and knows what he says affects the market significantly. I hope that what he says stops affecting the market as it does now.
|
|
|
|
|
The emergence of Bitcoin has a certain inevitability and is a product of the rapid development of the world. Similarly, because it is a new thing, everyone's views and even usage may not be unified. But Bitcoin is not a scam. The idea of decentralization and blockchain technology have all proven their value with visible changes to our naked eyes. Bitcoin will do the same. In addition, investment needs to be cautious.
|
|
|
|
|
Whenever Musk tweeted, I knew that the currency price would change this time, but as he began to oppose Bitcoin, I began to resent his tweets, and I thought he was like a fool. , He just posted another tweet just now, saying that Dogecoin will gradually replace the U.S. dollar is like a joke.
|
|
|
|
|
Musk has been going crazy recently. He used to buy a lot of Bitcoin and supported the use of Bitcoin to buy electric cars, but now he has begun to belittle Bitcoin and say that he wants to sell the Bitcoin in his hand. Like a clown, I think people should go to Twitter and wake him up.
|
|
|
|
|
It's late, I was kept glancing over waiting for something to load. Then I realized...
|
|
|
|
|
So far I have buy one of those amazing "I use coins" shirt (the website does no more exists), one ounce of silver for the "I own silver, I am super rich" feeling (from amagimetals), an humble bundle (my first time buying humble bundle \o/) and I am waiting a nice honey package from beesbrothers (super kind little producer). I also plan to buy some cuban cigars sooner or later.
Now you know all about me. And you what do you use you coins on ?
|
|
|
|
|
I think it is a card game that can promote harmony between family members.
|
|
|
|
|
