Some of us see bitcoin as an digital money because it receive by the shop or seller, but anyway money or currency it just from the my point of view
For me bitcoin now is a money but there is no doubt that bitcoin can be the currency of this world in the future and we all know that bitcoin is getting more stronger and a lot of people all over the world is keep on supporting bitcoin so there is no doubt bitcoin can able to be the currency of this world. Certainly I agree that bitcoin is a money and that is the reason for the millions of people around the world that are aiming to earn or buy bitcoin, but being a currency maybe bitcoin is not yet totally a true currency and that is why we call it a virtual currency an almost true currency that have a digital value that convertible to any real currency in the world. |
|
|
|
I think that the entire crypto market is built like a pyramid. Nothing is in the foundation. There is only a supply and demand. The odds are falling apart. In the meantime, let's make money
Do you mean cryptos are like a pyramid scheme? However i somehow agree with it because if we recruit other people to invest in cryptos , the value of crypto can possibly increase also due to the demand but we wont end up getting scammed at the end . Not unlike to a real pyramiding scheme like networking that you can get scammed easily after some succesful payouts. Now in the case of cryptos , we can still get a benefit even if there is now new investors that will invest in because we can be able to buy coins at a low stable price. No, crypto market is not a pyramid scheme we can invest and buy directly without other party involve and sell to earn money without being instructed by others, since crypto is a peer to peer transaction then only you and the blockchain knows about the transaction but if you have no enough knowledge about crypto then maybe you will be a victim of pyramiding scheme that uses crypto coin. |
|
|
|
yes this is the time to buy bitcoin but may be you should wait a little longer to make a good profit because we never know when the price will increase again but you should believe that bitcoin still worth as an investment, even if it not increase soon but bitcoin will definitely return to the highest value
I think every time and all the time are right time in engaging bitcoin because we all know that bitcoin is very volatile as from time to time the bitcoin value changes depending on market changes, like now the value is 7451$ and the trend from this month is 7k$ to 8.5k$ and vice versa. So in that movement alone we can be profitable if we are wise enough plus our long term holding for it. |
|
|
|
As far as I know nothing will happen to your crypto it will remain as it is, not unless you permit someone closes to you know whom you trusted the most to your keys or can access to it if something happens to you.Crypto will remain as it is and has the chance to grow and bloomed it...no one and nothing can tamper , intrude to your wallet unless you permit to,
Yes, if we die then our crypto assets will remain in the blockchain and our heirs have nothing to do nor ask help from someone or other party for the claim if we don't give them our crypto password for all our account and if that will happen then unfortunately we are the lifetime holders in the crypto world. |
|
|
|
Financial institutions are not going to disappear, crypto or not. The are an essential, integral part of the current economic system. Retail banking is just a small part of it, financial institutions providing capitals for corporations are much more important, and crypto is of no danger for them.
The banking system is very much important with the Bitcoin crytpo currency trading market, not to mention the important of Financial Banking System of its country, this the soul of one country economy. No country can survive with out the Financial institution or the Banking system, they are the one in charged on money circulation, control of possible over supply or over circulation resulting to inflation which bad to its economy. We have to accept the facts that banking system will remains as the growing acceptance on crypto currency trading transaction is very much visible on the market treed. Without banking system, you can't deposit money to your exchange and you can't take your money out to your account. Banks are needed but their era will end within years with the rise of blockchain technologies. As of now bank is still the best counter part in bitcoin earnings, since most people used to convert their bitcoin into their local money and save it on he bank and withdraw anytime from it by using its dedicated ATM card. If time comes that bitcoin will have its own crypto bank and bitcoin ATM are established nationwide then that is the time that bank will not needed anymore. |
|
|
|
Why, I would not say so, these two powerful coins as it is now well show themselves in business, also work well in the cryptocurrency market, and show good growth in price.
How come it be a scam for millions of people are gaining profit over it? those people that say bitcoin or ether is a scam maybe they are entering a world of crypto without understanding of what is it. Risk is always on its way because that is a part of having no central control and yes there are scam but not on eth and bitcoin itself for people just using them to scam others. |
|
|
|
Fear comes from ignorance. When you do not know, you are disarmed. Therefore, what everyone is afraid of is quite natural
Government is powerful for everything and they can make laws like banning bitcoin if they force to, but unfortunately they cannot easily touch bitcoin system since it is a decentralized form and what they can do is only inject some negatives on media to bring FUD's to everyone and that is the attack they can make, so some people having no enough understanding of bitcoin's way points are easily affected. |
|
|
|
Bitcoin can be anonimous, if you know how this is performed, so if you are noob, you are not anonimous at all. Just hackers are  No, being a newbie and a noob is not a basis for not being anonymous in a crypto world because we know the fact that bitcoin as a decentralized system is always having an anonymous transaction in a way that there is no third party being involve, just you and the blockchain so therefore bitcoin is really anonymous way of online earnings. |
|
|
|
In my opinion, within a span of 3-4 months, you shouldn't expect a high percentage gain, unless the coin you invested in had a breakout in price. If you would be starting to invest now, you should try trading but you must have an extensive amount of experience in trading and understand the market movement so well. Be very cautious when trading during downtrend as it may expose you to higher risk.
Based on my own experienced the selection between Bitcoin and Altcoin will depends on our strategy of holding because as for me I will choose bitcoin for my long term holding since bitcoin is not so affordable and the Altcoin is for my short term holding or even for day trading Altcoin is more profitable. |
|
|
|
That post has been writen so many years ago but it is in some way still true, cause eth price and other coins is going down but in few next weeks it will be x time bigger and investing now is a real occasion for investors...
Yes its true, this has been an issue always. But we also have to accept the fact that this business runs like this, sometimes it rises and sometimes it decreases. Its more like on looking on its value when to buy and when to sell bitcoins. Its always good to buy in a low price and sell at high price, i think investors already knew about it. As of today, its really a perfect time to buy for its price is low and i think more people can afford its price today. One thing i am positive about is that, before this year ends bitcoin will reach its highest price ever. Yes, we can't say that there is a perfect time to buy because crypto coin is always volatile and hard to predict and the only marker I have known besides of following its track is that after the big pump then dumping will follow, so its good to buy within the dump stage. |
|
|
|
If you invest in a market that is down, it is very risky but if you choose the long-term investment in this market then I think you should not be too worried because the potential development of this market is extremely large. Set specific goals for your head and follow the plan set out to stay active in this market.
I think the severity of being danger is not high but still it involve some risk and that is normal in a crypto world because of being decentralized system, the market changes is unpredictable and therefore in holding altcoins it is advisable to monitor and track the movement of a particular coin that we are holding to minimized some risk. |
|
|
|
To stop panic selling in cryptocurrency you should stop over thinking about the negative thoughts about what is happening now, just think what tactics you will do, to survive in this.
You can stop panic selling here in cryptoworld by just trusting the market and off course trusting the coins you are holding is really imporant also, because if you trust your coins even the value of it will dump you will still hold it and wait to became high before you sell it. Panic selling is for the people who are new to crypto world and easily affected by FUD's and mass media negative publication, to stop panic then we should have follow our coin holdings background and its road map. Most of all it is good to have a plan for risk assessment. |
|
|
|
I don't trust things like these  because whenever these kinds of news comes the... Prices are failing down but you know that's just because everyone's launching their own cryptocurrencies ! Literally ! With so many cryptocurrencies out there in the market it's very hard for people to judge where they want to invest also most of them are waiting for their big shot so they try to invest in cryptocurrencies other than Bitcoins thinking how it will make them a millionaire one day and end up getting into a fraud ! It's scary market out there now a days If a person truly believes and consider bitcoin as a great financial opportunity then those fear and uncertainty doubt can never be a problem. Real probe that there are more people from different side of the world are coming for crypto world is because the demand of a coin from crypto market is increasing and it will continue increasing as years goes by. |
|
|
|
|
#JOIN
Bitcointalk username: Allura74
Forum rank: Full Member
Posts count: 327 (including this post)
ETH address: 0x8b0a8b4d5a5B809A15956434f1A3AB650e2cF6Be
|
|
|
|
Misleading reports and the media combines. That is always the perfect recipe that works the best when they want to bring every price in crypo drastically down. So much exaggeration in their context that even a small problem can cause many people to panic.
Yes, media attacks and other FUD injection to people causing panic selling that can make bitcoin price down but as for me the most cause of drastic downfall of bitcoin price is when big whales manipulates bitcoin market supply of bitcoin as they are the one who holds a lot portion of bitcoin. |
|
|
|
Whats wrong in that anyway ?
Its really normal to see market fluctuating in that way and it must do that as it gives different investors different kinds of opportunities to play with the market. Many times investor think about entering into crypto when it is red one and thus they add more value to the whole market. (As long as large number is thinking that way).
Creating FUD's, relying on bad news, becoming panic seller these all are unsolvable issues and no one can change that fact. Market take more amount of dump than it takes while pumping so it does take longer to recover and its completely healthy I believe.
Yes, FUD and media attack of bitcoin will greatly affect those people who invest bitcoin and they are not true bitcoin believer and they are always afraid that their investment will gone for nothing, so they will sell their coin and imagine how many people like them in the whole world, and therefore the result is there are more dump every week causing the value in the coin market looks like a red tide. |
|
|
|
I think the common problem or mistake of some traders is being impatience about the price of the coin and being greedy in some ways. And also pretending that they know everything about trading but the truth is some of us is lack of knowledge about trading. And especially being so hurry about money.
Yes, greediness is one of the most common mistakes of a trader, they don't want and appreciate some little profit that there coins can, so they will will wait another big pump for them to be profitable but chances is not always a chance and opportunity is not strike always. Therefore a trader must not be greedy and trade whenever there is a little opportunity to be profitable. |
|
|
|
certainly there, because this human nature that we often encounter especially in the world of gambling. because that often causes the shame when we lose the gamble continuously
Yes, but mostly it will happen in casino gambling or even in a gambling house that we are playing facing real people because we feel and think that they are thinking of us on how we play. But in online gambling is difference because we are playing anonymously so there is no way to feel ashamed. |
|
|
|
I think for a third world country like our country. Digital money and cashless society. Will not be fair to everybody. Because of high number of poor people. Not everybody can use digital money.
Yes, a digital money will drives to be a cashless society like buying goods that using electronics money such as debit card, credit card and other card that use to purchase and its only a swipe in transaction by the use of card, I think our future will be going to that as the world is keep advancing its technology. |
|
|
|
Some corrupt governments just want get some taxes to our bitcoin if they knew we are holding a huge bitcoin on our wallet. so that's why being anonymous is more important so the government will not get our hard earn money.
they should do as a government is to find solutions and innovation to the existing problems. not taking short-term decisions. people are afraid that states and governments will again take such an opportunity from them. bitcoin user in this state cannot use bitcoin in ant transaction or convert it to fiat. Also the decision of the government in banning of bitcoin in their state have a big impact on the price movements in the market cap. Yes, mostly government are hesitant of bitcoin and I think because of its decentralized design that even them cannot control the system. Many speculations and FUD by people that government will take control for bitcoin and if that will happen it will destroy the crypto world in terms of profit ability because for sure if government doesn't banned then they will take an action for collecting taxes. |
|
|
|
|
Show Posts
