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This would be very strange business decision of Samsung so I don't think this is how it's going to work. But on the other hand I don't understand why so much excitement on the mobile phone feature. I don't believe that this built in wallet will be something that will motivate people to buy that phone or that it will be better than already available all kind of Bitcoin wallets. It will probably be more cosmetic features than real wallet where you would keep your coins.
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In my country the day is almost over and bitcoin is still hanging around $3947. It might not cross $4000 today but maybe tomorrow or next week. The market has been witnessed a bit green this days and I believe that better days are coming in cryptocurrencies investments.
No matter the time zone Bitcoin might cross 4000$ but what that means. We saw similar situation recently but very soon price pulled back. I would like to see market recovering but this now is too early to make any conclusions and as soon as tomorrow the price might go in the opposite way. |
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I cannot deny the fact that I do not enjoy seeing posts like this simply because they are intended to reduce public interest in cryptocurrencies while limiting widespread adoption. I can say with all certainty that the amount of cryptocurrency stolen in this way will never measure up to that stolen in fiat currency. There are hackers and scammers everywhere and anywhere there is money, you will find them. To make cryptocurrencies better for all, we need to focus more on the advantages offered and not try to sabotage the technology. Finally, the source of your post wast highlighted.
I wouldn't agree. I don't think that intention of such news is to prevent people from using Bitcoin. Of course that all kind of thieves would always trying to steal everything that has value but people have to be aware that their coins are exposed because they are not taking enough measures to protect them. Majority of funds is still stolen because of lack of security measures on individual level. So this is good to build awarness not to destroy technologies. |
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Cryptocurrencies lending might look like very profitable businesses but it's not that simple as it looks like. It's still risky and this area isn't regulated enough so there is a risk of loss and potential scamers.
But cryptocurrency lending market is growing because many people find it as a better way than lend fiat money from banks. So, it has great potential but risks need to be mitigated.
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Lack of experience and too much greed, I would say these are the main reasons. They want too much in too short period of time and very often are blinded only by profit so they can't think rational. It's not easy way to get to the skilled and experienced trader and if you just make mistakes and learn nothing out of them it's better to quit trading. This is not job for everyone and only few become really successful and for that you have to be strong in the head.
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Honestly, I avoid making or reading predictions because usualy they don't make much sense and often could lead you to wrong decisions. I don't expect any kind of revolution for Bitcoin this year and I don't think that price will have some huge rise which will lead to many disappointments. Instead on making or relying on predictions, just watch the market and go along with it.
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Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
In my country, I don't think the government did not support Bitcoin. All I can say is they support Bitcoin but in different approach than Fiat money because of the risk it carries. Maybe if the volatility is resolved then that might be the time that the authority will find ways to control what Bitcoin has to offer to the public. Volatility is one of the problems of Bitcoin that is obstacle for larger support but it's not the only one. Governments can't function without fiat currencies and stable economies and this is the reason why Bitcoin will never replace fiat and it's impossibe that Bitcoin and other cryptocurrencies will be supported as national currencies. But with good regulation and better adoption policies it could be more integrated and become more equal to fiat. |
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Congratulations, I support your business idea and I hope it's getting well. Hope you will not get disappointed at the end like some small enterpreneurs who faced difficulties. We have to admit that accepting Bitcoin as a payment in business is still rather risky and you can't be sure if you will be successful at the end. All the best with your business, hope it will help to promote Bitcoin too.
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I can't support the idea that Bitcoin is easy and quick way to get rich because that is simply not true and sounds like bad scam attempt.
It's good that Bitcoin was mentioned and promoted in that show but the fact that It's being connected with fast profit could do it more harm than benefit. And at the end many will get disappointed, again.
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It is still an risky investment because the price fell too much in the current bear run and people might not invest their money again due to the fear of losing the capital.But it is slowly getting recognized but not as currency but it will gradually happens in the future since we are just at the beginning of crypto currency era.
It's true, cryptocurrency era has just begun and there is still a long way to go. But people are expecting too much in too short period of time and don't have enough patience, that is when disappointment often appears. Many were carried away by the period of time when the price was very high thinking the price will only grow further but, of course, that prediction was wrong and many were turned back to reality very soon. Everything takes time and that refers to Bitcoin too. |
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I don't see any good reason why anyone will want to trade with as low as $1, it doesn't make any sense because I don't think $1 worth of coin would give you any profit, you might just end up losing all your funds to fee on exchange.
I don't think there is any exchange that allows one to trade with as low as $1 with very low fees and even if there is any, I won't advise you to trade with the such amount of money unless you are ready to give it up as fees.
I agree, it looks strange if someone wants to trade with only 1$ but on the other hand it could make sense. But only in terms of gaining experiences and learning. Then I can understand that someone wants to invest only such small amount and not to risk anything. Still even in that case I would invest a bit more to get more realistic feeling. Exactly the fact that you can trade with really small amounts makes really big advantage for Bitcoin and other cryptocurrencies compared to other trading assets like stocks or similar. |
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China miners are also coming back because of flood season what will give them acces to chip energy but main reason is accumulate as much possible btc before pump
It is curiosity that so called illegal bitcoin is big business in China
Price will rise no doubt about it
I think crazy time will begin like October November
It looks like China will again have important role for Bitcoin but I'm not so sure that so many Chinese miners will make come back. Anyway, the price will rise but I don't expect some sudden big jump but more a moderate one in some longer period of time. Still it's hard to tell when is this going to happen. |
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Maybe in some range celebs could promote cryptocurrencies but this is not substantial. First of all they use any kind of promotion to promote themselves in the first place and beside that cryptocurrencies users are mainly not kind of population who would be intereseted too much what celebs have to say.
Cryptocurrencies need promotion, that is true, because that is still rather new technology but I don't think celebs are the right persons for that.
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I would say no. To have some official effect on economy of certain country it should be regulated there and formaly part of economic system. So far that isn't the case so the effect could be only on personal level, maybe to improve their personal finances.
On the other hand governments and central banks are still afraid of possible illegal activities connected to Bitcoin and cryptocurrencies in general as well as their volatility and unstable nature so I don't think that so soon cryptocurrencies will become fornal part of economies.
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I think 160k in 2023 is possible if not slightly before in 2022. It follows the trend of what’s happened in previous bear to bull market cycles. I certainly hope so any way.
Maybe is possible but that is so distant future. Why are people thinking so far in front when they should be more focused on current situation? Just dreaming about high price and exaggerated values will not bring you profit. Use the current situation and get the most out of it. |
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That depends on your goals and preferences but don't think that any of these two options is easier or less risky. Both can bring you profit but the loss too. The advantage of trading cryptocurrencies is that you can do that without broker and the market could be more dinamic than stock exchange and maybe give you some more favourable options. Also you could start cryptocurrency trading with very small amount of funds which is often not possible when it comes to stocks.
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We saw some short jump of Bitcoin price up to 4000$ or even a bit more but now it's again lower, it pulled back to 3700$. So it was just short breath rise which made many think that Bitcoin price is recovering, that maybe might jump all the way to 5000$ or even 6000$. But this only showed how volatile Bitcoin is and quickly situation on the market can change in both ways. Many investors still hope this year couldn't bring some positive changes and "new life" to Bitcoin but so far there are no signs this will happen any time soon.
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Many have expected so much from 2019 and that it will represent some new begininig for Bitcoin in term of price rise. Still, that didn't happen, at least not so far, although many started premature celebration when Bitcoin recently came to 4000$. But this was only short breath increase that didn't influence market significantly. It looks Bitcoin will not so easily cross 4000$ and 6000$ or even 10000$ that many hoped to see, looks almost impossible in short period of time from current perspective.
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Bitcoin and Blockchain technology has brought a big change towards the transactions of currencies all over the global history since a new cryptocurrency was introduced by Satoshi Nakamoto in the year 2009 . The people all over the world have been frustrated by changing policies of politicians and the government about the physical currency that made people accept the new form of currency .
I would say that this is the big progress that can't be stopped anymore. Bitcoin has brought some kind of revolution that is still ongoing but some are not accepting it with too much enthusiasm. Also, there is still a lot of space for further development and governments will have to embrace these new trends and technologies in order to keep the track. |
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Maybe the spring is coming but I doubt that is coming for Bitcoin too. Price is more or less in the same range despite the recent small rise and market isn't getting any greener. Some analysis and graphs could be some indiciator and guideline but don't rely fully on them, they don't have to be completely accurate and sometimes they just reflect the moment, not the whole trend.
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