bitcoins are safe, the only downside is the prices, because bitcoin values are unstable. The only thing you have to worry about is hackers, hacking your btc wallet, please be careful on phishing sites, you can find preventive measures in the net, and please don't give your email on anonymous persons.
Bitcoin are secured with a high degree of encryption, close to that of the military. No one can pay you money or make a payment on your behalf. Bitcoin can give you full control over your money and a high level of protection against many types of fraud.
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Its still depends on a person's perspective in life. People learn from.their experiece. Maybe financial education is also important because we are using all financial aspect in our life but as people also have their talent in doing financial analytics through their wit. They are smart enough on how they will use their money because afterall they have to do it in the right way all else they will left nothing. Its people decision whether they will want to be gain more knowledge through study or through the usual way.
Don't blame all people who did not finished of their studies because of financial problem. But more of them are intelligent they know how to find a jobs, and also strategic people. People often have a misconception about financial education - they think it's only for financiers. In fact, everyone should have the skills to manage their personal finances simply because the quality of their lives is directly dependent on that.
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I think it is a part of technology development. Everything in the future digitized and encrypted so does money. If you think is it dangerous, everything is dangerous in their development process. But if you does invest when it is already safe, the profit will not be as high as people who invest now.
The commencement of trading in futures contracts with bitcoin represents a significant step towards legitimizing cryptocurrency, according to some market participants. Futures are derivatives or financial instruments that require the trader to buy or sell an asset at a specified time and at a certain price.
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This is one of the statement that caught my attention "A director at Germany’s central bank said any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community." The real enemies of cryptocurrencies are the one managing the banks. They wanted to destroy the crypto world for it affects their businesses and they are losing too much investors. This statement, in my opinion, shows how desperate they are to say that it should be globally regulated. Well, good luck to them. Minister of Economy and Finance of France has instructed a former central banker to develop any new rules and warn about the "risks of speculation and possible financial manipulation" related to the bitcoin and other crypto-currency.
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this is good news for south koreans not only just for south korea but also in the world so this is the beginning of increasing bitcoin so hopefully in the next month. China should be like in south korea supporting cryptocurrency.
Investor confidence seems to be returning.the market has consumed the news of a possible ban on trading in cryptocurrency in South Korea and China, and lower prices during the week have enabled smaller investors to enter the market.
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For this it could opinions divided cuz if we look how normal banks do dont think that this crypto bank will do anything different maybe it could be even worse. And on top of that who will be the first one to open it what will it be like, will it allow credit loans like real one even can it be purchasing cars or house/apartment. This for me opens so many questions with so little answers.
Maybe we could wait little with this idea, concept for this i believe is good, but we could always expect to see something that we didnt wanted to see.
The world's first Bitcoin bank opened in the capital of Austria. The Bitcoin-Bank financial institution, dubbed the virtual currency, enables its customers to exchange euros at Bitcoin and vice versa, as well as receive a variety of currency information.
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Internet is still alive today and so will bitcoin most probably. The reason being decentralization makes it unstoppable and we are having more adoption as times goes by. It is just the start
Yes looking at the price spike and very high, i think bitcoin will never end so easy. But someday, if the government try to ban bitcoin i think its the the end of bitcoin. I dont think it will be easy because some of the country has been legalized bitcoin. The opinion of the sharp changes in the price of bitcoin vary.Some investment bankers call it "the definition of bubble," "scam," and the like.On the other hand, there are increasing signals that the financial industry is embracing the idea. Yet, if the previous "balloons" are some indicator, the impressive path of bitcoin will not last forever.When will it stop and what will happen next, apparently no one can predict.
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For me, one of the most attractive concept about bitcoin is that it offers a lot of opportunities for all the person who wants to earn money. It has a simple system that only requires internet to access. Its nature that it is decentralize makes it more interesting for me. Plus the big potential of bitcoin to continuously increase its value got me to it.
A group of people create innovative technology that underpins the liberalization of personal finances and the elimination of the need for banking and financial institutions (including state governments, central and commercial banks) to mediate between two countries.
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Sounds good news whe the south korea announcement that the korean is will not banned bitcoin and cryptocoin, it will be good news for the all off bitcoiner in the world and excatly for the bitcoiner from korea. Just few day bitcoin price will be up and pump again, nothing stop the bitcoin price and the korea have annoucement that bitcoin will be allow for transaction in south korea. Just waiting for good news in another country.
the South Korean government will take reprisals against anonymous trading bills and penalize market manipulations, money laundering and fraud. But the government will also support and even fund the development of blockchain technology.
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I have not come across any new or article on any bank accepting bitcoin yet, and that is due to the fact that banks and other financial institutions see bitcoin as a trait to there existence and at that are always against bitcoin and other cryptocurrencies. But in my country you can use your bank credit card to buy bitcoin from some website most at time some banks don't accept that but there are still one or two banks offering such services.
The Bank WB21 is a licensed financial institution in several countries with a monthly volume of over $ 400 million transactions made by 700,000 customers from 180 countries. Getting digital currencies and innovations shows that banks and businesses can coexist and improve bank customer service.
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Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
I consider both as an important thing you should have here in bitcoin since things here are quite complicated. Having both will also give you the drive to achieve success no matter what. It can make you find way even if it seems to be no way. Bitcoin is not an easy thing that's why we should not disregard this kind of things so that we can get what we really want from it. Smart person depends on the ability of a person to be able to change their own behavior in order to cope more effectively in their environment or to make changes to the environment in which they are.For which a strategy is needed
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Bitcoin is well known for having the faster transaction and the good thing is no fees every time we made. You can also earn in bitcoin by investing and get a high profit.
Small businesses are inclined to pay higher credit card fees from larger companies as they do not have the scale to negotiate for lower prices. That's why Bitcoin is often an easier and cheaper alternative.
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Because bitcoin gives us the opportunity to work there and its monthly income is pretty good, the way it works is also easy and simple, That's why I personally join or choose bitcoin.
Obtaining no payments on time is important for businesses of all sizes, but more for small businesses that often rely on quick invoicing payments to maintain a positive cash flow and to to remain on the surface.
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Because of the business they live on a large scale, and are lucky when their high bitcoin prices take advantage of this opportunity to facilitate their transactions
Everywhere in the world, advanced traders, from small stores to large corporations join the Bitcoin trend, many of them doing so to improve cash flow by lowering costs and raising capital.
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In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.
I think in the future the value will not be determined by any government but by the world economy as a whole.
Decentralized asset like Bitcoin is important to those who are seeking financial freedom like me because of it's high potential in the near future which fiat money can't give. Earning fiat money these days is very hard and salary is unfair. Bitcoin let everyone earn without any given requirements as long as one has an idea, internet connection and mobile or a computer. Some people don't make Bitcoin as a big deal or even important to them maybe because they already have everything they need like lots and lots of money. most common thing that are may happen for cause they dont this currency for but for some people that wanted to have what they want for this is the best option for to earn more in a way wherein they can take this also while they have some job for , for me is see bitcoin really important. from an early age we understand that money is something good. We want them. We are happy when we have them, and sad when they do not reach us. We learn that in order to get money we have to work for them.It's a good idea for me to work with a bitcoin and make money
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Safety and security: Every bitcoin transaction can be done and completed without any personal information. Transaction information is displayed but your identity is completely confidential. It can not be faked: The cost of testing the quality of gold is very high, and the testing of Bitcoin does not cost anything, and it is true that bitcoin can not be faked because it does not exist in the physical form.
Transferred from the torrents principle from a computer to a computer without a central server, the bitcoin are uncontrollable and untraceable. Through them wealth can be sent from New York through Paris to a small village for a minimal time with near zero cost. Issuing them is automatic and decentralized, security - no less than any institution.
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Bitcoin is equivalent to money, it is a protocol, a computer network and so many more. Actually, bitcoin is a digital currency, it can transfer money from one person to another and it doesn’ t have any physical existence but it can be used for payment, in stores who are accepting bitcoins. It is equal to real money since you can exchange the bitcoin with real money while trading and all, but I think it is better to call it “digital coins”.
Bitcoin is a cryptocurrency. It could be use for investment or for online payment But it could be mean money in a way that it mcould be converted into physical money. the bitcoin and its similar currencies are a means of change. there are various questions, controversies and discussions around the cryptocurrency, but the important thing is that the case of money, bubble or conspiracy does not matter. "The very important thing is that they are something much, much better than the money we know.
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This has to be supported by governments, globally. Unless a country's economy will depress because of cryptocurrency, it's hard to say what will can dominate to be our future "money." Criminals and hackers can easily use this kind of currency because of digital processes and algorithms, we can't say it will be a safe way of producing and exchanging money, especially in a country that is full of rebels and hackers.
Non-cash payments rationalize the process, speed up capital turnover and increase the profitability of public production. The magnitude of the development of dematerialized cash turnover serves as an indicator of the maturity of banking and the ability of banks to influence economic processes.
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Yes, it is especially if you don't know it well. As many investors say "only invest money you can afford to lose". You can also try altcoins like ETH. Do some research to help you decide easier.
Above all, this is a market with almost complete anonymity of players and very high turnover. to play on the market requires the knowledge of the subtleties for the sales and purchases , and this is definitely not for everyone and not for people with weak nerves.Before turning your money, educate yourself on bitcoin.
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Looking as to why bitcoin is down
Yeah, it was really down. Bitcoin drops a lot this Month and we all don't know if this is a good or a bad thing, some says that it is because South Korea banned bitcoin if I am not mistaken, correct me if I am wrong. Then we all don't know if it is really a good time to buy bitcoin. I do not think this has anything to do with the korean country that forbids bitcoin circulating there, but where everyone takes the moment when bitcoin goes down, because they know that bitcoin will rise in time it arrives .. Because nothing is impossible all that happens !! The reason for the decline is most likely that more and more governments are in doubt about the future of cryptocurrency and want to introduce regulations for their use and trade.he South Korean government is preparing a number of measures to try to controlling the investment around digital money.
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