Government can't make Bitcoin dissapear although all governments in this world bans bitcoin, the other nature of bitcoin is the anonimity, so if there is still one computer that save the data of bitcoin then bitcoin will still life, and track computers that save the data of bitcoin is not an easy job.
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ICO is an event where investors could get profit by invest in it. Most of ICO gives their investors a bonus or discount so basically they are already get profit while investing. But they have to sell it to btc or eth again in the right time. So actually ICOs are not killing bitcoin.
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Crypto is an investment and investment always comes with risk. However, careful study and back plans can really be a big help when you invest.
It’s true all investments have risk whether it’s digital or physical form (gold), nothing with no risk. We must have a plan before starting because it can help us to deal with the risk and crypto is very unstable in price but if we have a plan there might be some benefits that we can earn. By keep learn about what things that we will investing in, it could make the risk smaller, smart people always know how to avoid dangerous thing and know how to take advantage, it's because a man who know something is different with a man who don't know anything.
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Many people pretend bitcoin as gold or asset or currency but people should know that bitcoin is actually just a digital currency, it has not intrinsic value like gold. Bitcoin characteristics is closely the same as gild but this can't make Bitcoin has intrinsic value. But still bitcoin is better that fiat money.
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Bitcoin is the best payment methode in this century and maybe in the future as well, many new coin that emergence but there is no altcoin that better than bitcoin. But I doubt if bitcoin is pretended as the future of main medium of exchange. Bitcoin still has a lot of obstacles now.
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Although bitcoin characteristics is like gold but bitcoin has no intrinsic value. Gold is still become the most precious metal in this world. A lot of countries are silently hoarding gold. So I don't agree with your statement.
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Bitcoin market is unpredictable, I am sorry about your condition mate. It must be hurt you so much, my suggestion for you is don't do anything with your bitcoin now just keep it until two years more, forget about your past then do your best to gain money in cryptocurrency world or real world (based on your skill). We have no time to regret mate keep earn so we can be better.
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It's hard to see bitcoin accepted in the whole world, until now bitcoin is only become an alternative payment methode. There are also several problem that make Bitcoin price don't rise significantly, the transaction fee when bitcoin price reach $17000 -$20000 makes people choose other cryptocurrencies such as eth or other.
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Those charts doesn't mean anything for me, bitcoin market is very sensitive toward both investor sentiment and market sentiments. Real news, FUD, and big investors are always makes bitcoin price move quickly. It's not a bubble those factors make it looks like that.
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Bitcoin will not depend to any fiat currency only because people trade it with fiat. It's created to become a mediun of exchange so bitcoin should can be traded with goods directly. I think bitcoin is independent
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Bitcoin market is dangerous for impatience people, as the price is move so fast and we don't know where it's going. For me it is not dangerous because I am a patience person. There are also many people who buy bitcoin at $20.000 and sell it at $6000, the point is don't sell your bitcoin at low price so you won't loss your money.
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Actually I am still believe that bitcoin mostly traded in china since most of bitcoin minners are in china. Approximately 80% of bitcoin is traded using chinese yuan. Japanese and korean people will be big players in bitcoin investment as well.
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The wrong decision is when they sell their at lower price. Actually some people sell their coin on purpose, that is opportunity selling. So they will have USD to buy more bitcoin at lower price. I personally don't afraid about the future of cryptocurrency, I am still sure that this technology and the decentralization is better than fiat system
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Bitcoin in Indonesia is not legal yet, all buying and selling activities must use rupiah. In the past many sellers offered payment with bitcoin, now they can't. the government has given regulations so that all trading activities must use the rupiah. will this be a negative or a positive impact?
Yes, that's is in our UUD 1945 but this regulation is aplies for all other currencies include USD. It is not a problem for bitcoin, indonesian government don't ban bitcoin our government just prohibit any transactions which using other currency, only rupiah that accepted. It seems that government don't have a problem if indonesian citizens use electronic money such as bitcoin, we know that we can use OVO (which is not rupiah) for pay Grab and until now government have no problem with it.
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yes, from the graph it has been seen that the price of bitcoin has the same pattern every year so we don't need to worry about the price falling because it will definitely rise again
People who don't thrust to bitcoin then sell their bitcoin wgen its price fall then they didn't make good decision at that time. I have the same thought with you, I think bitcoin price still has the potential of price increasing. So bitcoin will be fine.
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It is not right. Bitcoin is not a threat for national currency or job. Even bitcoin will not replace any national currency because government has very strong power to prevent it happen. People will not leave their job if those business owners pays their employees in good rate.
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That is useless thing for me, most of merchants in my cities are not technological people, they most of them don't uderstand bitcoin, I live in a village in Indonesia and most of thing include infrastructure here is not like other developed country which have advance technology.
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Most of them are speculative investors, they only seek for profit. But not all of them are like that, there are also some cryptocurrency enthusiast were really interested to bitcoin and blockchain technology.
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You only need a smartphone to manage your bitcoin practically. You don't need master card!!!. Bring many things is not convenient, just bring your smartphone and then you have anything you need include bitcoin.
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How do you sure that those coin has better specs than bitcoin? I am sure that Satoshi Nakamoto was think about all aspect before he create bitcoin, many people said that ETH is better than Bitcoin but now what? Even blockchain bloat of Eth is getting close to bitcoin although ETH is new cryptocurrency. It is indicates that what we call better specs maybe not really good and appropriate in real life.
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