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I think it is best for Mr. Satoshi Nakamoto to hide from fame and interests of people. There are many people who ask and are curious about him - some people who are thankful to him and maybe those who want to destroy him and bitcoin. We can't stop ourselves from thinking that some people really want to know Mr. Nakamoto because they want to know how he programmed and made bitcoin in order for them to know how to destroy it. Well, who knows. But I think hiding and not revealing himself to people is the best way he can/should do.
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Taking risks in one coin/token will either give you a chance to earn a good amount of profit (if the project is really that good) or lose your money. Putting all your money in an investment without doing research about that project may result in losing all your money that's why it is really advisable to do your research first before investing in anything or just to be safe, divide your money and invest in other projects to have more chances of winning other than losing all your money in a single investment. And don't forget the number rule in investing, only invest money that you can afford to lose.
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Yes, it is indeed hard to accumulate bitcoin especially now that the halving season is soon to come, but I have my own plans for this year. I am planning to join many bounty campaigns as much I can. We all know that there's a possibility that bitcoin's price will increase as halving season approaches and I'm also thinking that altcoins will follow the same trend as this thing happen. I believe that this will be another year for bitcoin as well as altcoins, if I can't earn bitcoin, then I'll at least try to earn many altcoins. This will be another way or option for me to earn money maybe not as much as bitcoin owners but still, it will be worth a try I suppose.
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Usap muna tayo mga kabayan!  Naranasan mo na bang ibahagi ang kaalaman mo sa crypto sa isang indibidwal na walang ideya patungkol dito?Kasi ako maraming beses na, lalong lalo na sa kapatid at nobya ko. Hindi sila ganoon kainteresado sa aking pinag sasabi kasi maliit ang aking naipapakita sa kanila "KITA" dito. Hindi tulad noong taong 2016 - 2017 na basic lang ang 5k lalo na sa tuwing papasok sa exchange ang isang token/coin. Naalala ko pa noong pumutok yung "Hydro" at mabilis na kumalat ang Airdrop na yon sa mga social media. Nakakainis isipin tila wala na halos yung mga ganitong klase ng token / coin. Pero heto parin at umaasang may matisod na magandang project. Palibhasa "GL" sa isang eye lens manufacturing ang aking nobya kaya madalas nya akong tinutulugan sa tuwing nagkukwento ako tungkol sa crypto. Nais ko lang naman siyang maging aware sa hindi mapigilan na paglago ng ekonomiya ng crypto currency na alam kong balang araw kakalat ang ganitong uri ng mode of payment sa ating bansa. Narealize ko ito noong bumili ako ng grocery sa puregold (small letters lang hindi sponsors eh HAHA). Habang nagbabayad ako gamit ang QR code ng aking Gcash wallet na connected sa aking ATM. What if dumami pa ang establishment na gumagamit ng ganitong klase ng pagbabayad? Bukod sa Hindi mo na kailangan pang ma-Down time sa suklian. Hindi kana din mabibigyan ng kendi kapalit sa pisong dapat ay iyong sukli. Sobrang convenient! Doon ako naging mas agresibo na ikwento ito sa aking mga kamag anak, kaibigan, katrabaho, etc. Pero tila hindi sila naniniwala, o kung naniniwala man gusto nila madalian. Habang patuloy na nakikilala ang crypto sa buong mundo, nais ko lang sana na habang maaga pa magkaroon na sila ng kaalaman patungkol dito. Alam naman natin na dito sa mundo ng crypto, mas lamang ang sinumang nauuna. Naibahagi ko lang ito sa inyo kasi gusto ko nang kausap na alam kong makakaintindi sakin. Charot!  Sawang sawa na kasi akong matulugan ng kausap tuwing Gabi. Haha Ikaw? Katulad mo rin ba ako na naghahanap o naghihikayat sa iba about kay BITCOIN?
Nakakatawang isipin, kakatapos ko lang mag explain at maghikayat ng aking pinsan tungkol dito sa bitcoin at altcoins na maaari nilang pagkakitaan. Nagpalitan kami ng ideya ng aking pinsan tungkol sa mga business na maaaring pagkakitaan. Siya sa stock exchange at ako naman tungkol dito sa bitcoin. Hindi lang siya ang unang tao na hinihikayat ko na subukan ang bitcoin, madami dami na din akong hinikayat. Marami sa kanila ang nagpakita ng interes lalo na ng malaman nila na kumikita nga ako ng pera dito at hindi nga ito isang scam tulad ng sinasabi ng iba. Natutuwa ako na mga kapwa ko estudyante din ang nais sumubok nito. Sa katunayan, may isa akong kasamahan sa bahay ang sumusubok ng sumali sa mga campaign dahil ito ang pinakaangkop na paraan para samin upang kumita ng pera na walang nilalabas na kapital. Ang aking mga magulang din ay nais magpaturo at magpatulong sakin upang matuto kung paano kumita ng pera dito. Nakakatuwa lang isipin na noon ay ayaw maniwala sakin ng aking magulang tungkol dito sa bitcoin ngunit sila na mismo ngayon ang humihingi ng tulong upang sila din ay kumita ng pera. Nakakatuwa ring isipin na nakakatulong ako sa mga kapwa ko estudyante na nagnanais kumita ng pera upang makatulong sa kanilang pamilya. Mabuti na lang at may kinikita na din akong pera na nakapag bigay ng dahilan sa kanila upang maniwala sa bitcoin at altcoins. |
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The opportunities cryptos offer to people to earn money, to have full access to their assets without relying to any third party that the government can control, and the taxation that should be paid by people to their government that is somehow lessen because people are earning from cryptos that the government can't have access with are some of the reasons why government are threathened by cryptocurrencies.
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whenever you see profit, take it.
I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end
Yes, I do agree on taking profit as soon as you see some, but it still depends on how much profit will make you happy. Some see profits and grabing it as soon as they feel happy about it but also feel unsatisfied when they found out that their investment should have earned more if they haven't took that opportunity. Like the OP said, profit matters most in cryptos, and all investors want is to earn large amount of profits but we do not know when will it happen. So we should always know ourselves, what will make us happy and satisfied. How much money do we want in order for us to be happy and satisfied. |
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What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?
As you said, cryptos will not vanish but like you said as well, what if it happens? Then everything will be worthless. Whales who have large amount of crypto investments will lose their money, people who sees crypto as a way of earning will lose their hope and everything that uses/accepts cryptos will lose their faith in it. Everything will be useless, but of course it will only happen if internet or electricity will be cut off worldwide which is impossible. |
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Whales dump bitcoin's price to scare weak hands who are holding bitcoin for them to buy these bitcoins and earn big amount of profit from it. They will then manipulate the price of bitcoin to pump up in the market. This is their way of playing games with weak hands or maybe we can say an earning strategy in order for them to earn large amount of money as soon as the market goes along with their plan.
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The beginning of the year is a start for bitcoin as well as altcoins. The market is green. I hope it will continue especially that there will be halving to happen in the coming May. This may increase the price of bitcoin and may also be a reason to attract more investors. I just hope the price will continue pumping until the end of the year where will see double or even tripled price of bitcoin.
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I do agree. People tend to hate someone that is very good and achieved great things in life. The insecurities people felt and the ignorance and close-mindedness is the reason why some people hate bitcoin as well as Mr. Satoshi Nakamoto. They do not understand bitcoin that does not give them the opportunity to earn and benefit from it. This is the reason I see why they hate bitcoin.
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Last year, 2019, well we can say that it was a good crypto market, but this year 2020, I expect better market. The halving that will take place in May hopefully will skyrocket bitcoin price that will hopefully attract more investors to invest in cryptos as well. Hoping this year will be another great year for cryptos and for investors.
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I like altcoins, it is easier to invest in it (cause you know it's cheaper compared to bitcoin) and some altcoins are doing fine even if bitcoin drops its price. But the only thing I don't like about altcoins (I'm talking about trash coins here) is that the price hype in the early stage in the market but after months the price drops to the point where it totally loses its value. This is the reason why other investors do not like to invest in altcoins and are losing faith in them. They prefer bitcoin than these coins because it (bitcoin) already proved itself multiple times.
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stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion. Yes, it is close but that doesn't mean that all poor people are stupid. It is that some people are lazy. There are also some who are afraid to take risks and are staying in their safe zone. Lack of discipline is also another reason why some people are poor, also self-pity and negativity in life contributes to being poor. Stupidity comes in different forms by the way. Many rich people are also stupid and fools.  |
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Reasons, why governments do not use bitcoin, are because cryptos are volatile, it is hard to make it as a currency. Bitcoin is decentralized, the government will not be able to control (which we all know they likely to control everything most especially money and other assets). Bitcoin is pseudonymous, they will not be able to track every transaction that is done using this currency (legal or illegal transactions).
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There are both advantages and disadvantages to doing KYC. Some of the advantages are; Scamming and money laundering can be lessened or avoided by knowing someone's identity, trust can be built in both parties, although these advantages can also be the disadvantages of doing KYC. By knowing someone's identity, they can track your every transaction and the important information they have about someone can be misused once the information have gotten into wrong hands.
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The market is very unstable. Coins go up and down every time. With the current market right now, I don't think that altcoins reached its dead end. Some altcoins still survive in this kind of market, and I think those kinds of altcoins will likely to more than survive but grow bigger in the future. Also, the price of bitcoin as it pumps will be the reason why investors will switch to altcoins, because they would not be able to afford buying expensive bitcoins.
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Yes, I do agree that technology changes rapidly, we can't do anything about that because change is inevitable. But that doesn't mean that we should always change our decisions and ideas in order to make new crypto projects that will be acceptable to the market. Project developers should focus on one thing they think the market and the cryptoworld really needs. This project will serve to be their tool for innovation.
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I think the crypto world needs more famous and known companies and stores to accept this kind of currency in a way where some people will be triggered by these kinds of currency. It will open up their curiosity that will be a way for them to study and learn about this kind of stuffs. In such way, cryptos will be promoted and adoption and acceptance will soon happen.
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