To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
money with all the risks for sure that will emerge good results and ways of investment it depends on the intention and purpose of the investor itself cryptocurrency is hard to counterfeit if the fiat currency has a lot of news about the currency counterfeiting |
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I think, a lot of us saw Bitcoin like tool for freedom. Now most people look at this like opportunity for enrichment. I don’t think that rich equals freedom. I know a many rich people’s. They are far from freedom.
It is now evident that just cryptocurrencies is not sufficient to achieve the goal. We need a State at our side. But current States seek to preserve the old order.
State it is a community with uniform rules. Territorial principle don’t need for creation of the State in the 21st century. So what do you think what's to stop us to come together and creation a new State now?
in my opinion the most important thing for the future is that crypto currencies can be recognized by countries around the world and can make transactions like a currency that applies |
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I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?
before I started to invest in crypto currencies I already understood all the risks that I would get so with prices and bad news with crypto currencies I remained calm and confident in the investment |
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How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
if the government does not allow bitcoin to be accessed, there is certainly a strict sanction and certainly the government can track that possibility, but if it does not prohibit, the government cannot do anything. |
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Hello all. The current situation of the market is not so good. I believe that some of you are panic, some are giving up, some holding to die.  Could you please share with us your current investment strategy so that everybody can learn from your good practices and overcome this tough time?  investment strategies generally withstand patience and confidence to get profit opportunities, for now I am following a bounty campaign to get prizes from what I do |
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why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic. we will see from this graphic : 1. On April 29, 2013 the price of Bitcoin was only $ 135.30 2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14 3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again 4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017 and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short. if you look at the graph that you convey, investment in bitcoin requires considerable patience and all investors will not panic if before investing know and understand the risks we get in investing |
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Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
for the problem of prohibiting or not we all cannot know for sure what matters most take advantage of the opportunities that exist, and the government can do anything even block the site, if that happens of course we cannot do anything to defend our coins |
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There are some believes that we might not necessary need fiat currency in trading cryptocurrencies.
My question now is If Fiat is completely irrelevant in the world, and gold do not back crypto, where will cryptocurrency derive it value from?
Crypto currency is a currency that has value for its investors, so at this time it cannot be equated with the relevant fiat currency if indeed all crypto currencies can be accepted by all countries as the applicable currency to carry out the transaction. The crypto currency can be said to be relevant. |
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Bitcoin is a digital currency that is decentralized with no regulatory control. Over the years a number of Bitcoin ATM boot have sprang up in some developed and emerging economies. Since bitcoin is a digital currency I don't understand the rationale behind the creation of bitcoin ATM with so many crypto exchanges around the globe.
Now which organisation is responsible for the setup of this ATM machine? What is the benefits of having a bitcoin ATM in Nigeria?
maybe with the making of the machine makes it easier for the transaction process and the possibility of a time when bitcoin can be accepted by all countries as a currency that can be used for transactions then the ATM machine will be created a lot |
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Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?
in my opinion before investors start investing with crypto currencies they should all have to understand and understand if investing in crypto currencies has a very large risk because it requires very high confidence and patience if all investors understand it certainly won't panic with everything about the eyes crypto money |
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in my opinion, bitcoin and everything with the results and nature of bitcoin depends on the intentions and objectives of the investors, maybe if the intentions and good intentions of all the results and impacts will be good, in the future |
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https://www.forbes.com/sites/kenrapoza/2018/04/25/nasdaq-ceo-bitcoin-trading-cryptocurrency/It seems as though now that the cryptocurrency market is recovering people are jumping back onto the ship. CEOs are starting to back cryptos and like they never stopped. It is amazing how many people change their stances when their is an influx of capital flowing into the market. It certainly makes it easier top see who is saying what just for the publicity and their own benefit. Good Luck Traders, The Elysian Team right what is your opinion that you convey if investors believe and believe in bitcoin and all of its investment may be bitcoin will be successful and develop along with high interest and positive intention from its investors |
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I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
I think people sell the bitcoin there are two reasons that can generally be delivered the first one may be due to fear of a price drop because of not believe the second investment may be due to an urgent need and require the results of selling the bitcoin |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again  before starting the investment I think the investors already understand and understand that bitcoin prices can not be determined certainty because there are several factors one of them from the number of transactions or sales and demand |
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https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. maybe now bitcoin is still an asset because bitcoin in my country has not been officially recognized as a currency that is valid if the possibility of all countries recognizing bitcoin as a currency of course investors consider that as a currency too |
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People must stop talking about the death of bitcoin because a currency like bitcoin must not be judged with a change of a day or a month but with a change of a year who agree about that?
I ask too if there is a way to know the 1 year change of bitcoin in cmp or any other site.
Thanks
indeed many investors who always think negative they may not understand and understand with all the risks obtained if investing with bitcoin belief and patience is the most important capital |
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COUNTRIES THAT BANNED BITCOIN Before we start to our topic this I want to tell that some of you might know about this but I just wanna share this to those who are not. Several people believe that bitcoin was a blessing and it was an opportunity for everyone but not everyone shares the sentiment. From central banks and other finance company, Bitcoin's list of detractors runs for a very long time and gone so deep.But most of the government around the world seeks for the regulation of bitcoin. Be due to fear,ignorance and protectionism, governments have a tendency to legislate against perceived threats.Countries such as japan protects its citizens to have free trade of the digital currency.But unfortunately not all countries embracing the change of our technology.In some cases citizens have had their assets seized,accounts got frozen and have been locked up, Government can't stop the blockchain from propagating, but they can stop their people in having access to it. STOP THE BITCOIN!! Like banning drugs,alcohol and other stuffs banning bitcoin sounds nonsensical and unforceable.That's the exact case in five countries: 1. Bangladesh2. Bolivia3. Ecuador4. Kyrgyzstan5. NepalIt was recently reported in https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/ that there were dozens of bitcoin and crypto enthusiasts get imprison seemingly guilty of little more than operating a small-scale bitcoin exchange. Meanwhile Ecuador has outlawed bitcoin, nit because they opposed this crypto but because they want to regulate and control it and tether it with the Ecuadorian dollar.An Electronic money designed to operate ad support monetary scheme dollarization.Completing the naughty list of countries that have banned bitcoin is Kyrgyzstan, a tiny landlocked state in Central Asia, And Bangladesh banned bitcoin, it was 2014 where Bangladesh bank stated that anyone that will be caught using such online currency could be jailed mostly because it's about "MONEY LAUNDERING".this was already an old news for updated list https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territoryso what do you think? will your country will ban the use of bitcoin? do you know other countries that ban the bitcoins? Please share it and tell to everyone  of course the country has a very strong reason that prohibits bitcoin to be accessed in my country state bitcoin is only forbidden to conduct transactions directly because bitcoin has not been inaugurated or validated as the applicable currency |
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Hello everyone I have a news.
In Belgium there are total 8 Bitcoin ATM machine.
In Antwerp 3 ATMs
In Brussels 2 ATMs
In Ghent 1 ATM
In Hasselt 1 ATM
In Sint-Truiden 1 ATM
Does anyone know anything about this topic?
I think it's positive and very good news that proves that bitcoin will grow, and of course the investors in that country are very happy maybe all countries will be like that |
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Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin). Will the impact be positive or negative? any activity with cryptocurrency all has a negative and positive side in the investment if the legal bitcoin in asia of course the security of the investors with the investment can be maintained by the government that recognizes as the applicable currency |
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Last 3 days crypto currency world has been shaken many times. Many news affecting the price of bitcoin. Still bitcoin is surviving but its an great news for us that world wide many country government is thinking about crypto currency now. Its an positive sign for crypto future. Here I am gonna share some news that can be flow on bitcoin positive side. https://www.coindesk.com/mastercard-wins-patent-for-speeding-up-crypto-payments/amp/it's what investors expect for me my hope is a new face with the power of the law and the risks that get very low in the investment maybe that's a bit of my opinion |
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