I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
To be honest, I believe that it is definitely impossible to answer whether BTC is legal. On the one hand, it is kind of legal, since many countries do not prohibit its use. On the other hand, if we talk about BTC as money, then it is not legal, since there are countries that prohibit the use of surrogate money. Based on this, it is impossible to answer 100% whether BTC is legal or not. The most you can do is find out in the country where you live, how they treat BTC at the legislative level. As far as I know, there are still discussions in the world about what cryptocurrencies are and how to identify them in the world system. Moreover, every time something changes in this regard, which means you need to learn more information. |
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It is always an interesting question how many people are really interested in Bitcoin because of what it represents, and how many are exclusively interested in profit. Without going into some big discussions about what Bitcoin should be, what it is today and what the future holds, I will ask you one very simple question that I would like you to answer honestly.
Most have their own figures when it comes to selling BTC, and accordingly my question is: If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?
The poll will last for 7 days.
Local rule : Please avoid unnecessarily quoting of whole posts if it is not really necessary.
Yes, I would sell my BTC for $ 100,000 and would agree not to return to this industry. Why? It's that simple! Personally, I use cryptocurrency to make money, and money is needed to have the necessary things in this life. Even if I sold 1 BTC for $ 100,000, it was enough for me to do other things. Is it right or not? I think for me and my vision, yes, this is correct, but from a business point of view, it may not be wrong. In any case, everyone in the crypto industry in order to make money, and $ 100,000 for 1BTC is quite a good amount for this. |
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Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.
Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
To answer your question, you need to see the big picture of the development of the crypto industry. Each answer must always be substantiated and I want to substantiate my answer based on the history of the development and formation of the crypto market and the prices of crypto assets. If we look back at what happened to the crypto market, we can see a number of patterns. One of them is the fact that there are repeating events. You can call them cycles. Each cycle lasts for four years. If we start from this, then the beginning of the last cycle was in 2018 and since there are 4 years in the cycle, it turns out that the last year of the cycle will be 2021, but as we know, at the end of the cycle there is always a flight to the moon. Based on this, we can assume that now we are observing the beginning of a flight to the moon. Moreover, BTC has already reached its previous maximum and will now only go up. Personally, I see it this way, but of course I could be wrong. |
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I'm already dunno interested in gaming platforms working on cryptocurrencies, but it so happened that almost all of which I know have never been able to launch. GemBites looks good, but I would like to see a working product already, since this is what attracts investors as well as players. I hope that the GemBites team knows what needs to be done to win the attention of players and investors, and they will be able to turn all plans into reality.
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By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!
Personally, I think that investing in BTC right now is not the best choice, since the price was previously more profitable, however, if you have already made investments in BTC, then you now need to wait for further growth, and it will certainly be during 2021. The main thing is to decide in advance at what price you want to sell it in order to fix your profit. If this is not done, then you may not have time to sell BTC at the best price for you in time. |
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I am Not Understanding This high
17th December In Morning $22k When I Check in Noon Time $23K It Super High.
Why do you think this is a high price for BTC? Personally, I expected that it was by the end of this year that BTC should have reached its previous maximum and go higher. This is due to the trend that has developed in the crypto market over the period of its existence. Since there is a cyclical development in the crypto market, 2021 should be the last year in this cycle and the price of BTC should become the maximum, but for this, the price of BTC had to return to the previous maximum, which she did. I believe that everything will go according to plan, but the time will show how it goes on. |
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Hey Guys
New here but not in the Space.
What's always annoying me about the whole Tether discussion is the fact that everybody that talks about the topic mostly assumes that if usdt collapses (not saying that it will) bitcoin would dump harder than ever before. While I can see that a lot of volume is through tether ( I would say its the majority) the collapse would by no mean be a small event. If you look back tho to end of 2018 when the whole Crypto Capital saga took place and usdt "dumped" into the .80s the only thing that really happened was that btc immediately spiked by a good amount simply because if you price btc/usdt if one collapses the other rises. So let's just assume that the day when tether would collapse actually comes and it's not just a few days of uncertainty. What side would win. A) everybody just want's to flee usdt (into btc) or B) everybody want's to flee crypto as a whole (through btc into "real usd" / coinbase)
I believe that if Tether crashes, then BTC will rise in price. In simple words, inflation (depreciation) of Tether will occur, and if we are talking about the BTC / USDT pair, then when one of the assets depreciates, the price of the other rises. While this is an unlikely scenario, I believe it could lead to big events in the crypto market. Perhaps the major players have such a plan, and we may well be able to see it in reality. |
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I am currently in the middle of thinking about creating a project related to investing in crypto currency.
Here is in a few lines the main idea of the project:
Today, everybody has already heard about crypto currencies or bitcoin, there is a huge buzz around these technologies since 5 years now!
Yet many individual investors are beginners and have a low investment capacity. Moreover, the lack of investment experience is a disadvantage for investors who often have to spend large sums of money in unsuitable online training courses. The risks faced by small investors are therefore numerous and make the crypto-market less attractive.
From my experience, I know that any investment in crypto's assets will require time, energy and... capital.
What if we could invest and learn together? Because after all, in my opinion, investing in crypto should be fun!
With this project, I would like to facilitate group investment and collaborative learning for individual investors in crypto-currencies..,
My first challenge is to find talent to build a web application that will help investors to meet and better manage their pooled investments.
Being in the ideation phase, I am looking for people who already have experience in the world of entrepreneurship, market finance and/or the crypto-currency sector. I would therefore like to talk to people who like to be entrepreneurial and who would be interested in brainstorming or joining forces!
Feel free to contact me
I do not think that in this way you will be able to find like-minded people on your proposal. The fact is that the desire to unite people to invest in cryptocurrencies is not enough, at least an idea and an action plan are needed. As for finding professionals to implement your idea, it is unlikely that this is where someone will be interested in your proposal. For these purposes, there are freelancers, and I'm sure they can help you. In any case, your vision is correct and I can only wish you good luck in your business. |
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I would say that this is both good and bad at the same time. From the point of view of you and me, this is bad, since the system will control stablecoins in order to at least make money on it and regulate it in our interests. What's good about this is the possibility of faster adoption of cryptocurrencies and stablecoins in the world, but on a third party basis. In this situation, it is difficult to say which side to be better on, but you always need to proceed from your benefits, if they are not for you, then this or that option is not suitable for you. In any case, stablecoins and cryptocurrencies await regulation in the future and this is unlikely to be avoided. |
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According to JP Morgan BTC has affected Gold market and increase in popularity of Cryptocurrencies will impact Gold market. What you guys think about that?  Courtesy- Financial Express Although I am the owner of cryptocurrencies and believe in their success, I cannot put BTC above gold. The fact is that historically, gold has always been and continues to be one of the best and most reliable assets. BTC is a new asset, which means that it still needs to show its stability, importance and popularity in the world. Based on this, I see no reason to compare BTC and gold, but if I had a choice to invest in which of these assets, then I would distribute my investments between these assets equally. |
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Ethereum price has started rising again. in recent weeks, Ethereum Price has shown some Volatilities. One analyst, last week said that Ethereum might reach $800! it was a shock due the price's volatilities and after a week we have seen that it stayed about $ 450. today another analyst said it is gonna hit $ 500. However nobody know what is gonna happen, the second forecasting seems more logical to me. as of now, from CoinBazar724.com, Ethereum Price is $464.03. What do you think will happen to Ethereum price?Ethereum was the first cryptocurrency I met back in 2017. Now I also continue to support this cryptocurrency and believe that it should show growth. I have also studied the market and believe that 2021 should be the year of growth for the crypto market and cryptocurrencies, which means that ETH may well return to its previous peak in price and fly to the moon. In other words, the alt season should be waiting for us and then the flight to the moon. Time will tell or not, but already now we can see that ETH is in the region of $ 650 for 1 ETH and this is an excellent indicator. |
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Hi everybody,
XRP is currently very low (€ 0.20). I have some Litecoin coins. Bought at the beginning of January 2018, so considerably less. For the amount of those LTC coins you can now buy a lot of XRP. My question: do you expect XRP's rise to be higher than LTC's? I can easily see XRP for 0.20 go to € 1. So 5x. While this growth seems more difficult to me for LTC?
I am currently holding some LTC and am not going to exchange them until the rate rises above the previous peak. Why? The fact is that I do not use XRP, but on the contrary, I use LTC more often. I also believe that LTC should rise to its previous high and show more gain. At the same time, LTC can also make as much as 5x growth or more. The question is when exactly this will happen. I believe this could happen in 2021. |
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Sweden's government will start exploring the feasibility of having the country move to a digital currency. The country expects the review to be completed by the end of November 2022. Sweden is among the first countries in the world to consider introducing a digital currency, where it's central bank already runs a pilot project to introduce an electronica krona based on blockchain technology. Before everyone starts circlejerking all over how great this is for bitcoin, you should recognize that such a system would be a competitor to bitcoin, not necessarily enhancing bitcoin value. It's built on the promise of digital currencies and blockchain generally, not bitcoin specifically, though bitcoin has demonstrated the use-case invariably. I don't know that it would bring any tangible benefit to bitcoin specifically, but I think it would bring further legitimacy to digital currencies as a whole, of which bitcoin could potentially be a beneficiary in some capacity, though how much specifically would be hard to gauge. Source: https://www.bloomberg.com/news/articles/2020-12-11/sweden-explores-the-feasibility-of-moving-to-a-digital-currencyIt should be admitted that the monetary system has fallen into decay and a new system awaits us. Cryptocurrency may well become its basis in the future, but one should not hope that the same BTC will be a type of standard for all cryptocurrencies, in this case I mean state cryptocurrencies. By itself, BTC can be a crypto asset on an equal footing, for example, with gold, but state-owned cryptocurrencies will certainly be in priority. And here the main role is played by the blockchain technology itself, which has a number of advantages, both for storing information, and for distribution and accounting. Many countries are already working on creating their own cryptocurrency, which means sooner or later we will see the recognition of cryptocurrencies at the state level all over the world. |
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Hello friends! My team and I recently organized a full-fledged cryptocurrency exchange platform. Unique design, user-friendly website, Estonian Cryptocurrency license and so on. Now we are asking ourselves the main question, how to find customers and establish ourselves in the market?
I believe that for your platform to be recognized, you need a large community. To do this, first of all, you must have pages on all major social networks. It is also necessary to have your own channel on YouTube, groups and channels in messengers. The next stage is the creation and publication of information about you, your platform and its advantages and capabilities. It is also worth starting an advertising campaign to spread the word about your platform. The next step may be to conduct certain events both online and offline. At the same time, your platform should be working and have a number of advantages over competitors. |
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There has been a lot of scams within the crypto space over the course of its lifetime. Most recently, a Twitter hack that took the accounts of prominent figures within the mainstream world, has been all over the news. Mainstream media has been making people believe that Bitcoin is "bad" by tying it to the Twitter hack. While malicious actors demanded to be paid in Bitcoin, it doesn't mean that the cryptocurrency itself is a scam. Unfortunately, many people in the mainstream world have commented about Bitcoin negatively because of the recent hack. Despite these unfortunate series of events, Bitcoin and other cryptocurrencies are experiencing huge gains on the market. Do you think that scams harm Bitcoin and other cryptocurrencies' reputation in the mainstream world? What will it take for people to distance scams from Bitcoin itself? Thoughts?  I believe that any negative always has a bad influence, this also applies to BTC. However, you always need to understand the purpose of this negative. On the one hand, negative news can show that BTC is not reliable and you need to get rid of it, on the other hand, the same negative news deceives you in order to get hold of your BTC. The main thing is to try to see the big picture and trend. Not all negative news is aimed at discrediting, there are those that force us to study BTC in more depth and give us the opportunity to learn to understand what blockchain and cryptocurrencies are. |
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I have been studying various crypto platforms for several years, including crypto exchanges. Some of them have been successful, others have already closed. But having turned my attention to the ibitt exchange, I cannot understand one thing, why the exchange has been for several years, but there is no activity on it, and is it still active? Perhaps the administration is waiting for the right moment to enter the market? On the other hand, the functionality of the exchange is outdated and will require updating. I would like to know more information from the administration, whether the exchange will continue its development or is it an abandoned project.
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