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the market flushed again I think this is an opportunity to buy bitcoin as much as possible because it is not impossible that all people will make large-scale purchases and that will affect price movements so prices will immediately skyrocket because when purchases increase it will increase prices too, supply and demand is very influential here
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one of the ways that I do to choose where I will invest is to look at the experience of the developer, if it is still new, I don't think that is enough to build trust from investors. wasted in vain, because for what we invest if in the end it will only make us lose money
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one way to get bitcoin is to take part in the bounty program in the ico project, although rarely do you pay bitcoin directly, but there are some of them, usually they give a payment in the form of tokens they make according to their project name, to get bitcoin you can exchange it for bitcoin on the crypto currency exchange market that sells buy tokens that you get from the bounty project
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that's one of the disadvantages of the barter system, not all transactions can be done by barter considering the needs of people are not always the same as the items we have to exchange, so this is where the real function of money is to deal with transaction problems that cannot be done with barter systems.
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Crypto currencies are comparatively cheaper, practical and efficient because they don't involve banks in making transactions so there are no taxes imposed here, but I don't think we can completely abandon the paper because in everyday life we cannot fully use crypto resources. because there are still many payments that can only be made using paper money
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To my point of view Government should implement blockchain technology to prevent corruption. Blockchain technology advances have made it possible to increase the possibilities of transparency of public financing to reduce corruption. The adoption of cryptocurrency ensures that transactions are secure since the blockchain is a public ledger of all cryptocurrency transaction are reachable and can be used to track all transactions .
really, one of the advantages of the blockchain to reduce corruption is its transparent nature, every transaction that occurs can be seen by everyone, but like two sides of a coin that cannot be separated from each other is the nature of the cryptocurrency is also anonymous, each transaction can indeed be seen by everyone who is the perpetrator of the transaction is difficult to know directly |
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If you had 10000$ where would you invest it? I'm hoping for 10x in about 2 years, how would you personally split that money? There are so many altcoins that I dont know which to pick, I remember the top 5 altcoins from years ago and now they are all gone, so should I only invest in BTC end ETH or others like NEO, ADA and EOS?
I prefer to invest in BTC and ETH compared to other crypto currencies, why am I talking like that? because of the pattern that I have learned that the price movements of BTC and ETH always repeat with the same form even though not in exactly the same time, so BTC and ETH are potential in the future if you choose to invest the money you have in the commodity |
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I dont think this will click. Bitcoin is not meant for bank. Its not the purpose of bitcoin. Bank is centralized while bitcoin is decentralized system. We dont want our identity revealed. Plus, no banks ever done this before, afaik. Why dont you build an exchange rather than this? Exchange/lending service, that would be great.
I agree with your opinion that bitcoin cannot be equated with traditional banks, apart from being decentralized, bank services are not only about saving money but many other things that can be given to the community as bank services, including credit, deposit, insurance and others |
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That's because paper currency are believed to have value and are also legitimate by the government, so paper currency can be used to buy all your needs. Not because of the paper, but because of the approval from the government and also a belief that it has value.
yes right, not because of what money is made but what makes money valuable is the trust of all parties to an object that is considered to have value to be used as a medium of exchange and buy something you need, no matter the money is made of paper or metal, or even virtual like crypto currencies, as long as there is still a lot of trust in exchange rates that can be called money |
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in fact at this time the price of bitcoin dropped was very normal because at the beginning of the year bitcoin had already directed its highest price.
I think next year bitcoin will rise...
I also think so, because if you see the price movement of bitcoin from year to year it always forms a similar pattern, where when every mid to the end of the year the price of bitcoin always goes down, and starts to rise again in the beginning until mid-year. will be formed again at the beginning of next year and I hope that it can continue to be repeated so that investors will be easy to make decisions whether selling or buying |
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With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
the risk of investing in crypto currencies is borne personally, the full profits and losses are borne by the business actor, the government here still cannot provide a clear legal umbrella for crypto currency transactions. Therefore the list of errors that you mentioned must indeed concern us all so that our efforts are not in vain because of the carelessness that we do |
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
in my opinion the challenge for investors who have small capital is to be able to take the strategies and decisions as well as possible, and must be able to maximize the opportunities and risks that are present. in fact this challenge is no different from having a large capital all of whom must be able to take advantage of opportunities and risks as well as possible so that they can get the maximum benefit that distinguishes between large and small capital investors is only the volume that they get either profit or loss |
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[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
now technology is growing rapidly including in financial technology, all transactions are almost non-cash so that the use of real money is decreasing, does not mean that real money will be set aside by virtual money considering there are still many places that require using real money as a transaction tool used, but maybe in the future real money will be replaced by virtual money, but whatever happens, I hope it benefits all parties |
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I think that is a good thing if each country has its own crypto currency in the form of their country's original currency with the same symbols and exchange rates, this would have a positive effect on the crypto currency market even though the country only uses it in their territory , the prices of other crypto currencies such as bitcoin and ethereum will also increase again because the trust of the government and the community has begun to improve
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Hello, as part of an ongoing academic research, I have created a public survey to see how members in the crypto-community think about the future impacts of decentralized blockchain cryptocurrencies. I kindly ask you to vote on the poll in order to assist me in this research. Feel free to add a comment on why you think your chosen option is correct  Thank you very much in advance and have a wonderful day!  Kind regards, Zeroxal I think this is indeed not impossible to happen but certainly there will be many processes that must be passed if the crypto currency will replace the fiat currency, as we all know that many countries still consider that the crypto currency is illegal if used as a tool transactions, it is a difficult challenge if the crypto currency will replace fiat currency, must first build good trust from the government and society |
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Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.
Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
if we do fundamental analysis, it means that we analyze the bitcoin price movements some time in the future then study the pattern formed so I conclude that now is indeed the right time to buy bitcoin, this will benefit you because the price is now quite cheap and you will gain multiple benefits at the beginning until the middle of next year considering the correction of bitcoin always occurs in the middle to the end of the year and then returns to skyrocket at the beginning to mid-year, the pattern is always formed every year |
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How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
I think bitcoin is used as a currency and not as a tool to earn a lot of money in a short time, first thing to do is to build trust from the government and the state, trust is very basic in making an entity a transaction tool |
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Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.
I don't think it's because the material is made of paper or metal so they want to use it as a means of transaction for centuries, but because the trust that arises from all parties to a currency, paper money or metal is just a physical symbol to indicate the amount of exchange value, actually bitcoin can also be used as a currency if all parties can store trust in bitcoin as a transaction tool |
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