I don't really feel that I am gookish by investing bitcoin, how about you? how foolish are you to say that people who invest in bitcoin is foolish😂 Invested on bitcoin when its price is still $2000 and still I have I huge profit from it. I thats what you call fooflish then I might be a super foolish one.
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these is an interesting topuc to discuss with people here in the forum. For now bitcoin is literely on the top of all cryptocurrency as we all know, altcoin community continues to grow in a faster rate, and people are investing on it big time, there are some factors that affects why altcoin cannot surpase biycoin at the current moment, its because bitcoin act as aa bridge to buy and sell altcoins, that contributes a big factor.
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Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017. However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more. In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge
yes I agree with you that china and india has a great impact on bitcoin because many of it population are doing cryptocurrency, and the recent regularization on tge said countries affects bitcoin. But still there are more asian countries that are involve in cryptocurrency, phillipines for example, I kbow alot of crypto trader in the philippines and with the fact that they can pay tuition, buy atuff and pay government services using bitcoin is a big plus!
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I think that the reason why bitcoin is so volatile is because it was being used as a trading platform and not as a form of currency. because many people is selling and buying bulk of bitcoins its price goes up and down easiely depending on the current market demand.
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I still believe that bitcoin will recover from fallen,and it will grow up to the higher again.how about you?!
I have always been a bitcoin beleiver since the past 2 years, I have Incsted in it and gained alot from it. Bitcoin experience these kind of fall but will always come back strong. The reason why I say that is because bitcoin has the characteristics of the future.
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in my opinion its actually a goid time to buy bitcoin, I think that bitcoin has already reached its lowest peak and will begin to climb uo again, the drop of bitcoin is just temporary because of the correction and once its finish people will invest again.
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here in our country which is the phillipines we can use crypto currency to buy things and stuff, also we can use it to pay on our bills. its so much easy to use bitcoin here. We can use the maximum potencial of bitcoin
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obviously when you don't tell any person when your private key before you die. then all of your crypto will be waisted and stock! no one can recover it! so I suggest that you give your private key the most reliable person in you life. In that way if yiu die they can benifit from it.
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
Nope we still doesn't know that! bitcoin has a great potential to become a currency for the future maybe today it is used as an investment but it still has the characteristics of a currency that we can use to buy, pay and trade😊
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Bitcoin have more benefits than risk
yes I agree with with you because bitcoin ia not only used ti earn money, it is used to to secure and to have a more faster transactiin, bitcoin was develop nit to be a form of investment but to become the currency of the world where every one can use. But in butcoin exchangr, I agree that there are high risk but you can always lower it by studyung ang having an experience on it.
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I say that bitcoin has more risk bank becase bitcoin is to volatile, sometimes its price is high and sometimes its to lo. but even thou the risk in hugher, the reward is much much higher that what the bank can give you.
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In recent times, some new ICO companies have been kidding about Bitcoin on Twitter, Facebook for their ICO promotion. I think this promotion way is very negative for Bitcoin. They showed that Bitcoin will be destroyed and their token will become number one. They have presented it in such a way that the price of Bitcoin will not rise anymore. I think this type of promotion is very negative in the market.
yes!! and that's the way how it works, if you have the same product with another company then why would you promote them? companies compete with each other to gain profit, they do not care even if they are ruining something else.
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I don't know the current situation of crypto currency in other countries but what I can share to you is how our country deal with crypto. Here in the Philippines we are free to do whatever we want with crypto, the government does not regulate us, but instead they focus on the wallet that we use, they focus on when we cash out our money, but I think its okay, here we can use crypto to pay alot of stuff, including tuition, government contribution, bills and etc.
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for be dealing qith bitcoin haters are too easy, I just let the result do the talking, I have a friens that really hates bitcoin and after I he saw that i am earning money through it, he is the one who approach me instead and ask a favor on how to do it. very simple.
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I think that the main reason why the market are falling is because people became afraid that they might loose moneh if theu invest on bitcoin. and with little investors market will surely going down. But I think that bitcoin wull go up again because bitcoin is unique and O think it will represent the future of money in the future
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I am not sure with my answer but these is only my opinion. China did not actually banned bitcoin, they just wanted to put regularization on it like any other country wanted. Bitcoin is an increasing market and if they cannot regulate it they country will not benifit from it. I think that is the main reason for it.
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If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.
Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot... Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?
How can someone create something so great and not stepping out to get the credit?
I don't think that no body knows who the creator of bitcoin is.. maybe only a few but there are still some.. But it is satoahis decision to not reveal himself, maybe if you have a billion dollars in your wallet maybe you will be afraid also. lets just enjoy the benifit of his creation and use it well
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
I thi k the reason why it became more of an investment is because of the limited supply of bitcoin which circulate around the market. but still it has the characteristics of a currency that you can use to buy, exchange or pay. Its just to volatile. But technology is continually improving maybe one of these time a more suitable cryto will become the real future currency.
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there are alot of cryptocurrency jobs out their, the only question is what specific job you wanted to do. for example bounty hunting is a crypto job, and it allows you to earn money. But if you wanted to be a crypto developer there are a lot of sites that you can search for jobs.
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people still are buying bitcoin because they see the potential growth of It, they are willing to take the risk. bitcoin has a promising future. Also bitcoin investors know what they are doing , they know when to bu and when to sell.
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