i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
A lot of government believe the Bitcoin can't be controlled and government like to be in control of things and put it under their jurisdiction too. Mostly because the Bitcoin/Cryptocurrency is untraceable, decentralized and a new tech, it will be way above them and above their control.
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Well, a lot of people are earnestly waiting for the mooning! It is actually the patient ones that will be made rich in hodling while the impatient ones will be out. I and those around me have encouraged ourselves to hodl and fix our gaze on the later high price.
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It is good to help create the awareness in them right about that age; 10years. Well, I do hope he knows about money already and how the system of money operate with banks and the likes. If he has these basic knowledge then you can move ahead to relate the digital money to him that it is the future of money and transactions.
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The central bank of my country also issued out a letter in this regard too that they do not support the Cryptocurrency and will not be liable to loses incurred by its citizens. I do expect them/banks to look into how to incorporate the Cryptocurrency markets with theirs and the stock markets.
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The Bitcoin market is still not buoyant as expected but those who know their onions will still keep their head up high. As the markets are in the static and dipping form it is advisable to try and diversify into a physical business to make a balance in one's earning.
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Is it because of the large number of altcoins?
I can say that the numerous rise of the altcoins have contributed to the fall in price value of the Bitcoin. The other part is the price regulation on the Cryptocurrency market as a whole.
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
It all depends really; there are some types of savings the at still yields some capital in banks and better still to do treasury bills. Investment in the right areas in Cryptocurrency can be worth the while and even in a short while too. If you have excess, I did advise you do some investment rather than just saving all because expenses are constant.
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Earnings have so far being spent on basic necessities. At the moment, the spendings for luxury or to show forth rich life has not started yet. I did also started saving and having reserve of my tokens for the future.
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Most times when opportunity to earn that kind of btc value, it will be at Goods and service area. The earnings will definitely be based on works done and your commitment.
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I am only expectant of something positive from Mr Crypto market. I haven't really invested my cash so as not to get unnecessarily worried or unhappy. For now, I don't keep my hope so high so as not to get it dashed on the ground. I do however, expect an improvement from the second part of this year.
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The recovery time will be about the second half of this year as a lot is still happening as regards token being introduced. The regulation of the Cryptocurrency market prices is also another thing to consider as it affects the unusual volatility of Bitcoin especially.
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It is really a difficult situation I can relate with in a bit. The first thing is to make up your mind to developing a repayment strategy; by agreeing to pay, cutting down mightily on your expenditure. Double up on your works/jobs. Then get a repayment plan.
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I just created this thread to gather opinions .. Ethereum is next to BTC?
I had thought late last year that ethereum should have gained more value close to the Bitcoin majorly because it is as much relevance and usage as the Bitcoin. Well, it only rose to about a 1000$ and it then dropped. At the moment, it is at a struggle on hitting 400$. Sincerely, I do hope its price closes up on the bitcoin in the near future because of its high relevance.
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I have been concerned with the Bitcoin price too overtime as it has a major effect on the trend of most altcoins. When bitcoin rises, they follow suit and when it dips, it is same. But bad as it is, when bitcoin takes a bullish move, the altcoins find it difficult to move at same pace but gradual and mist times redundancy sets in.
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Though a lot of Bitcoin hodlers originated from China, the tide has turned and we now having a shift as the Bitcoin has circulated round the world. It has gained full grounds and outgrown China itself meaning it can thrive without China.
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As we see that bitcoin price is down since last three months but still not reaching to its highest level. Is bitcoin loose its popularity ?
I completely disagree as regards Bitcoin losing its popularity. A lot of persons do know/perceive Cryptocurrency as bitcoins and have been using it interchangeably. Bitcoin losing its value is even creating more awareness for it.
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I don’t know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.
Your main reason for HODL would have helped you with patience. If really for HODL and you are really grounded in the trend of the markets over the years, then you will know that this is the time not to be checking your wallets often. So, go relax and check back at year end.
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Well, the big investors will have their way of looking into the Bitcoin and also enabling its price restoration to the heights it had risen to previously. We are still expecting a rise of the Bitcoin for the year 2018.
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I know a lot of people have different reason why the love and embrace bitcoin. For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
Yes, it is the decentralization attributed to it and the world of Cryptocurrency as a whole. I am at my will and power to do ever I please with the tokens I have. And also like the Bitcoin as it has withheld it's position in terms of value with respect to other coins.
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with so much slanted news, blocking ads about bitcoin, whether in April bitcoin prices will get better and strengthen again Well, I am not that certain as regards its upward or downward trend for the month of April but certainly it might still be balancing itself as it is now with no sharp movements.
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