Countries will never get into such a form of backing a country's economy with bitcoin. As the market of bitcoin is highly volatile, it'll affect the economic situation prevailing within the country. As USD has got stable value it is preferred to be the prime backing asset. Maybe when bitcoin gets used same as fiat such a backing process might come to reality.
Exactly, this is probably some fake news. People easily beleive anything these days. No country and especialy not Russia would accept such high risk for back up in Bitcoin and that sompley makes no sense. Not for a moment I didn't beleive that this is credible and trustworthy news. |
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I think that with Bitcoin is the same as with anything else that has material value. Bitcoin users are not equal and not all can afford the same amount because everyone has different financial potential. So I couldn't agree that Bitcoin doesn't create wealth inequality. Similar like with fiat not everyone has equal amount of funds.
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When it comes to Bitcoin December is very distant future, we all know how easily market can change in any direction. I wouldn't like to make such predictions because they simpley don't make any sense. Also people are just to occupied with price predictions and that takes too much time and energy without any useful result. Don't bother too much what will be in six months time or more, be focused on what is happening now.
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so much account banned in this forum because of trading even it only one merit but it break the rules, thanks to the reporter and admin to keep this forum safe
Are you sure they are banned from trading merit? I guess that is not their punishment, they might have negative feedback by DT members if they found out that merit trading or even selling. Both the sender and the receiver will possible have tagged by DT members. I am happy now with my rank even I did not get even single merit, at least I know I'm not a merit beggar and also I am not shitposter. As long as we can help here and doing abusement is not necessary. Well, I'm not sure either if there is really some kind of punishment for merit abuser. I know that moderators are trying hard but they can't manage to control everything. And when you see some members and the merit they have and compare that with posting it's quite obvious that merit didn't come from that. People always find the way how to abuse good ideas, that is sad. |
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For me, a really bearish market will end only when the capitalization will increase at least three times, and now it is only very small movements of individual digital assets, releasing their updates
It is hard to say when is the bear market will end, these days their is a little increase of price also it decrease in the market. Were waiting to happen for the fully recovery long time for us to have a profit. Hope this coming months price are all in green and will continue moving upwards. Some clear line when the bear market ends and bull market starts can't be drawn. Although some say we have already entered bull market I can't agree because to my opinion we are only having some corrections. And even once the bear market is over that doesn't mean it can't come back. Anyway, next period will show if the positive trends on the market will continue or not and if the price will cross 6000$. |
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Another idea that sounds like utopia. Cryptocurrencies will not replace fiat currencies. Even if in some moment countries adopt and regulate cryptocurrencies and I'm sure this will happen eventualy fiat money and traditional economy system will not disappear. To my opinion the purpose of cryptocurrencies is not to replace fiat but they can exist together.
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At some point exchanges looked as a very profitable business and that is why they started to appear everywhere. So I might agree that there are many of them but there are certainly not too much legitimate and trustworthy exchanges with good customer care. It's not only about the quantity but quality and that should be the focus of users.
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It seems that many look at 6000$ like some kind of magic limit that Bitcoin should cross. It was quite ambitious for this to happen this month. That didn't happen and it's not very likely that it will. But even the predictions for that price were based on pure guessing, I haven't seen any techical or other way supported analysis that would show the price is heading that way.
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So far we have reached certain level of acceptance of Bitcoin in online stores. But we miss bigger acceptance in real world, in phisical stores and that is still at quite low level. Personally I would like to see Bitcoin being accepted for goods like real estates, cars and similar. But for that I guess regulation is also needed.
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Stop trusting experts it will make you analyze the market yourself with the method your used, some techniques you have to learn and market manipulation is very much but don't focus on that. Sometimes experts think very hard about the method he uses so don't corner it too, market is formed for those of us who want to exchange assets and not be formed just to manipulate them.
And who could actually be called Bitcoin expert? There are so many people here claiming they are crypto experts and giving their predictions and analysis but that isn't something you could rely on. Regarding emotions I think that every Bitcoin user who is involved in Bitcoin for a long time, especialy from the begininig, has some kind of sentiment for Bitcoin and that doesn't have to be wrong as long as you can divide those sentiments from your business decisions. |
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I have to admit that I'm not much of the fan of new appearing coins. Looking at all that are on the market only few have some chance to survive on longer period and bring you at least some profit. That is why I'm convinced that Bitcoin is still the best coin for long term investment.
Still if I have to add some other coins besides Bitcoin then LTC and ETH are not bad choice so if you want to split your investment into multiple coins then one of these would be profitable.
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Some think that we already have bull run now but I wouldn't agree. It looks like everyone is desperate for bull run to happen that every price rise is declared as bull run. But we are actually having just positive price correction for which there is no guarantee that it will last and become a bull run at the end.
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When it comes to environment I'm the first who will fight for its protection. Still compared to other sources of pollution, I think that the amount caused by Bitcoin as well as energy consumption for mining is not worth so much worry. I would also like to see some research whiich would clearly show how really big the problem is because now we can only guess how much global warming or energy consumption is caused by Bitcoin. But alternative sources of energy could be the one of possible solution.
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I also think the bear market has ended, and i think the price will continue have small grow all over the year and also i think we can have a bull run before next year bitcoin halving.
I couldn't fuly agree. The price rise isn't showing continuous growth and there are always possibilities for corrections and price could go down again. For me this isn't a bull run yet and Bitcoin price still hasn't crossed the boundaries where we can say that bear market is definetely over. |
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We have to be aware that many people still don't know much about crypto, no matter how this might sound strange. People outside this forum still don't accept crypto as something that should become a part of their lives and they don't trust it much, still some find it as a some kind of scam. The situation is changing and it's better than few years ago but there is still lot to be done on promotion of cryptocurrencies and education of people.
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I don't think that the only purpose of Bitcoin regulation is value.
We have come to the stage when Bitcoin can't be left on the margins anymore and governments are aware they have to formaly include it into society and economic processes somehow. That is why it has to be regulated and put into some legal framework. Without regulation Bitcoin and other cryptocurrencies would stay informal and something that is not formaly accepted and adopted and this is not good.
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No i don't think the price will go to 3800$, i also think will not go under 4500$ even if more and more coins will be selled, as i read that drop maybe was caused by Bitfinex and Tether problem.
Currently market isn't showing some signs that it could dropp to 3800$ or lower. But again, if that happened I wouldn't be surprised. Such price fluctuations are quite often and usual I would say but maybe some precise technical analysis could tell us more. |
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Everyone who is buying Bitcoin should know that besides profit he should count on possible loss too. Bitcoin is volatile and that should be always kept in mind. Also, when buying you should know how much you can spend, so these should be funds that you don't need for something else and you should also define is that investment is going to be on short term or long term. And when you know all that pick up legitimate and trustworthy trading platforme.
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Long term hodlers idiots? what the fuck planet are you from to say such an ignorant thing? ffs, look at the price charts - long term holding always pays off, it's the traders and shorters that get wrecked. I'd have to say the biggest moron in this thread is the starter.
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People who are involved for a long time with Bitcoin know that long term is the best investment for Bitcoin and there are the bigest chances to make the profit. Of course there are always ups and downs meanwile but still long term investment is the less risky. You just need to have good strategy and plan and have enough patience to wait for investment to return and not to get tempted to sell. |
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To my opinion legality and security are the most important things and wirh that trustworthy comes along. It's always good to check who is behind the exchange, is it everything according to the law and how is their customer support. If they don't care for the customer and haven't provide secure and legit services to them, such exchange should be avoided.
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