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Keep in mind Bitcoin's price have increased a lot because there was a hype ongoing. When people saw Bitcoin wasn't a method to double their money in 24 hours, they retreated and I believe that is the retraction in price we are seeing.
But it doesn't mean Bitcoin is failed. There was a hype, but meanwhile another people were involved with Crypto-Currency for another reasons besides doubling their money fast. I mean developers, businessmen, educators... And these are the people who will make Bitcoin grow on long term, not the hype enthusiasts... These are too volatile like BTC's price.
So the game isn't over!
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Bitcoin is purely independent and functional depending on the innovation. World economy depends on different factors that's not that easy to handle. The world economy can be improved when the administration functions corruption free focusing on fulfilling the needs of people. As it was unable to fulfill several requirements, bitcoin has come into existence to do the best.
You right, world economy is too complex and complicated to explain because there are many indicators and many things that affect it, while bitcoin I think is a new innovative financial system using a blockchain system so bitcoin can stand alone without any intervention and control of anyone, thats what makes bitcoin unique However if countries like USA put restrictions on it, BTC's price will be affected, as the investors will be affected. The currency won't fall completely, but it would suffer a bit or a lot depending the country in question. It always happen when a country put severe restrictions or when they ban Bitcoin. World's economies and governments actions can influence Bitcoin's price a lot! |
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If you lived in poor country (like Belarus, Ukraine, Asia countries) you would understand why people do not go to the elections. People are disappointed in politics, they do not believe them, new faces do not appear, all the candidates are the same notorious thiefs that try to have a politic power over and over again. Moreover, if the honest young human being comes to the politic in these countries, the system breaks him and makes him whether a new thief or made him go.
A part of the population is disappointed, but if they were the majority the thieves wouldn't be ruling anything. The problem is that there is an important parcel of the population that supports thieves and helps the system to weaken the good politicians that appear sometimes. A big parcel of the population is part of the problem, they aren't innocents... It makes the good people lose their hopes and it makes the good politicians give up. There is also a part of the population that doesn't vote, not because they are disappointed, but because they are alienated and unconcerned about this matter. |
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The hype is dying and no one think bitcoin can get to that level. Bagholders are still saying the mantra of keep holding . If bitcoins fall to 3000, it is dead.It will take years before it goes back to 18000 usd.
Everything can happen, all scenarios are possible... What I can say is that always BTC is suffering losing price, many people say things like "it's the end", "the bubble burst", "it won't recover anymore", "I told it was a Ponzi"... But then, sooner or later Bitcoin recovers itself once again and these people disappear for a while. The hype can die and weaken Bitcoin, but it can't defeat it. Bitcoin have already survived for too long to die this way because a hype. For now there isn't much to do besides repeating the mantra "keep holding". |
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Interest for Bitcoin is falling at this moment. Trading volume is dropping, the search for Bitcoin on Google is dropping compared to last December. The question is why exactly it's happening. And if it continues this way, BTC has good chances to continue losing value, even near $5000's house. I believe the price will rise again if a new "hype" arise and more people come investing like it happened last year. Something interesting should happen to bring investors back... Otherwise, it's not a problem at all, but price will keep low and stabilizing.
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Considering people use AltCoins from these many ICOs that are launched all the time to speculate and make faster profit than with Bitcoin, I think they are hurting BTC price a bit, yes. During the ICOs the funds are gathered via BTC, but after the ICO people will hold the AltCoins, decreasing Bitcoin demand, hurting its price. With so many AltCoins options there will be less demand for Bitcoin, that is clear and immutable in a decentralized world.
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The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
Yes, it's very transparent and reliable. Several countries have their "transparency portals", where people access the records of their public administrations online. It's good and useful, but a system like Blockchain would bring much more reliability and transparency to the citizens. I also like the idea because an adoption like that would cut worthless expenses on the public administrations. Less employees would be needed, so more money could be used for what really matters and isn't having enough budget at this time because there isn't enough money to sustain a heavy payroll and to attend the basic sectors of society at same time. |
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In some conflicts I believe there isn't a good and an evil side, but taking World War 2 as example it's very clear there is a good and an evil side. To see this you can't take all the previous historic of the nations involved. Take only their actions towards the currently conflict in consideration. Otherwise it will be like blaming a grandson for his grandfather mistakes...
*POSTING ONCE AGAIN AS THE LAST POST WAS CENSORED!
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In Germany when the government raised the price of fuel more than one million people left their cars in the middle of the streets blocking all circulation. I think if we do the same no more people will be interested in this forum and will be the end of this cartel.
The problem is that instead of fighting for what they think it's right, people prefer to go through the easiest path, abandoning their negatived accounts and buying a new one to start over again, consequently they go shady, what legitimates the inquisitors actions against them. I am not talking with my main account as expressing what you feel here gets your reputation bombarded with red without valid reasons.
If we want things start changing we shouldn't fear retaliations. If the cause is legit, there is no need to hide ourselves behind anonymous accounts.
However this kind of sent feedback doesn't help you to be taken seriously by others... Think twice before acting during the angry moments and keep your composure! |
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The free things you say are the "giveaways", right? (Free tokens or free money). It will worth only if the tokens you are accumulating have potential and get price on long term, then you can see some financial progress in your life, otherwise they will be just pennies. Someone could make profit from these "free things" by collecting, storing them and waiting for the right time to sell them or to exchange them for goods. A good strategy would be to turn this profit into an investment, something that generates income for you. However talk is cheap, but on practice it can be very difficult to turn these "free things" into something really worthful and profitable. About the general public: They would try doing the same thing after seeing a random success story of someone who made profit with "free things". And when many people start doing the same thing hoping the same results, the exactly opposite happens...  |
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The Bitcoin's benefits already start appearing on this generation we belong. However the next generation can be more benefited than us because they will have an already consolidated scenario to start from. They won't have to build the structures, as this currently generation is already doing this.
Actually, many of the Bitcoin's effects over next generation will depend on us, because there are many challenges to overcome yet. If we succeed, the expectations for the next generation are positive, but if we fail, there won't be any expectations. The main challenge is to prevent the control governments and individuals try to have over Bitcoin, the centralization.
I think we will get the more benefits when compared to the upcoming generations because we are the early investors so we can make more profits than the future generation.But they will get the freedom of using their money if bitcoin was become the daily usable currency.But we are still not considering them as currency and many people are not aware of it so future generation people will have the advantage of technology than us. That is true, from the profit point of view the early generation has more advantage. Especially those who are aware about Bitcoin since 2011 or so. But I mean the accessibility will be more present for the next generation, they will have more services related Bitcoin to use, they will receive education about Bitcoins at schools, it will be more present on their daily life. Of course, it will only happen if this currently generation succeed adopting Bitcoin correctly and spreading the word about BTC as a legit currency that can be used like any other currency in the world. |
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The Bitcoin's benefits already start appearing on this generation we belong. However the next generation can be more benefited than us because they will have an already consolidated scenario to start from. They won't have to build the structures, as this currently generation is already doing this.
Actually, many of the Bitcoin's effects over next generation will depend on us, because there are many challenges to overcome yet. If we succeed, the expectations for the next generation are positive, but if we fail, there won't be any expectations. The main challenge is to prevent the control governments and individuals try to have over Bitcoin, the centralization.
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Paying the salary of government employees
Making of roads
Public schools
Parks run by the government
Maintenance fees
Making government hospitals
Making high schools ... The list is endless
Paying the salary of the political positions (worthless positions that are created to please those who helped the currently government during the campaign); Making overpriced roads that are always in ruins; Parks full of hobos, drugs users and thieves; Maintenance of the precarity fees; Making miserable hospitals that don't have medicines, equipments, doctors or don't have enough beds for everyone; Making public high schools where professors are only worried about putting the youngs against their traditional families and to teach them how communism is good, Che Guevara is a nice friendly guy, Stalin killed little and how the occident is evil. |
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The most powerful currency would be the one that people have more interest, the most promising currency. Probably an USA's Crypto-Currency, or China's Crypto-Currency... However another factor could influence: groups of interest pumping a country's Crypto-Currency without revealing their identity. It could be a smart way for terrorists, "philanthropists", organizations to finance the countries they like and have interest without creating polemics.
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Traditional banks investments are safer, but this one you are talking looks very strange... You definitely shouldn't accept any of their low/high risk investments' plans. As I know banks offer very low interest investments, which you can make less than 0.8% monthly. But they give you total guarantee your money is safe and the interest is guaranteed as well.
The problem is that the inflation eats all your profit on long term, being worthless to invest this way, the "safety" means nothing on long term... So for real profit you should choose Bitcoin investment, taking the risks, or you should choose another kind of investment, like buying a piece of land, a house, an apartment for an example to make it worth.
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The greatest threats to Earth are the political agendas being imposed and being used to brainwash peoples minds. It creates social chaos, instability and make people affect the planet negatively.
About the main statement on this thread it's better to be careful. Blindly believing that pesticides, agrotoxins are evil and shouldn't be used is questionable. They play a big role in producing enough food for everyone on the Earth and without them we couldn't have enough food for all.
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You can only implement a system like that by imposing and forcing it to people. There isn't anything about democracy on this plan. It's just a way to erase the history and the local cultures of the nations. It's an atempt to "equalize" people in a way everyone will become mediocre and standardized, the humanity would lose its enchantment and originality. Of course only a small group (the leaders) would live outside this insanity, enjoying confort and wealthy in a private space, ruling the chaotic world as an unified nation. You sound like Obama, Soros, The EU, the Clintons, the Rothschilds, and all the others promoting global eugenics and servitude. Thankfully public opinion is resisting this at last. Brexit, the election of Donald Trump, and similar events are evidence that we may return to sanity.
I'm also proud people are resisting to these ideas even more. |
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Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.
I completely agree with what you say right there, bitcoin can influence the economy specially in the third world countries. I am from a country belongs to the third world and bitcoin really help us specially to the unemployed people. It helps reduced the unemployment rate here because through bitcoins and ICO, people here have found jobs online and paid by bitcoins. That is a good extra income for third world people, good that these people are being benefited from Bitcoin. Now they have the opportunity to save money and use it wisely in the future, learning how to make successful businesses on their countries, consequently improving the local economy. One of the main problems in these countries is the lack of jobs. Entrepreneurship could be the solution for these people, but it wasn't accessible for them, as it's difficult to save money when you don't have it and the only another option would be to take abusive loans at banks and similar lenders, what is very risky! Then these online jobs paying in BTCs and Bitcoin investment itself came and helped these people a lot to earn enough money to start their micro businesses, that can grow within time. Consequently BTC will be turned into fiat by these people, helping the local economies to grow strong. |
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Yes, there are double standards here, and it's important to let it very clear, but it's not about old or new members, it's about if you like or dislike someone. That is how things work, as anyone can give any feedback to another person for any reason. It would be very, very hypocritical to say the opposite.
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It seems as though there is a predominant attitude about people trying to do business that most people are scammers. We have run into this time and time again, accusing us of running "dirty" money or stolen goods.
We put ads or offers in various places saying "vetted buyer" and "respected escrow" and still get negative comments from people that don't even want to do business. They would just rather demean and abase and not add any positive thoughts.
I will say that we have had pretty good success in spite of the naysayers. Doing business in this way is new to most people and seems foreign. But we have plodded through and have achieved a success that has proved that not all are wrong.
There are people all over that are looking for honest services, and we have carved a niche for that entity. We know that there are scammers out there, but we are working to elevate us to a position of reknown.
Not all offers are scams!
If you want to make business professionally, don't worry about the negative comments, just continue doing your work. There will be many obstacles on the way and many "haters", but there will be always people willing to invest on you too, and these are the people you should worry about. Your fate on the business camp is on these peoples hands. They will be the only ones who can say with property if you are a scammer or not, if you are professional or not. So make sure to offer the best service as possible to these people, then they will be satisfied in the end and give you good feedbacks, shutting up the haters mouths! |
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