Steve Eisman, à famous investor, particularly influential on Wall Street, was in Hong Kong to participate in a particularly important convention in the finance sector. The man had to express himself about crypto-currencies, explaining that for him it was only a fling::'' I do not see the point. What is the added value of crypto-currencies? No one has been able to give me an answer to that question. »
It’s just a comment that looking for sensation to draw attention of bitcoin holders. Maybe that person doesn’t understand and rejects bitcoin, maybe he commented so people won’t be interested in bitcoin. Really, a strange rich man: D Just believe in bitcoin and find out stuffs about bitcoin as much as possible so that your beliefs with bitcoin won’t shake with such silly comments. Bitcoin isn’t very influential to any rich person. Just because 1 rich person looking for a sensation, bitcoin will remain safe and no one can control it. |
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:)Countries are divided into 3 groups: those who ban bitcoin, those who will regulate it strongly and those who will give complete freedom to development. The second and the third groups us well be satisfied with. This majority. It's enough to survive.Therefore, it is not necessary to look for negative outside of us. ;  I don’t think bitcoin really need the state government to organize it. The state government only needs to provide a faster bitcoin access in the country to convert it into a fiat in that country. Before, no one regulate bitcoin but it’s still running smoothly until now. |
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indeed I also have read several times about posting like this. they always compare between banks with cryptocurrency. I myself, feel I will invest some money in cryptocurrency than in the bank. because dibank, we just save it without being able to have a profit, and usually the money is often taken for interest. different if we invest in cryptocurrency, besides can be saved, in cryptocurrency always get profit, if price of cryptocurrency have gone up from initial price invested.
no matter how we compare them, things will never change that there are sectors and group of people who will just believe in banks, and those who proven how helpful BTC will always fight for BTC, we just stand on what we know at all. Hahahhaha I agree with you. Why should we be concerned with the comparison? If we keep comparing it would be endless because no one will give up from both sides. We believe in what we choose better, bank or bitcoin/crypto. With it we will be more confident to run what we believe, the bank or bitcoin/crypto. |
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Relying our lives on others is more terrible than the Bitcoin’s value movement, so, yes, I think the Bank has more risks. That way the bank teaches the community to be lazy and doesn’t need to care how their money will be used. This is the old way, maybe they will play in the forex or maybe also the stock market so you’d better learn how to play in forex or stock and have power over your own assets and investment.
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what about to stop considering bitcoin as an investment and to use it as what it is supposed to be, perhaps we will see it again to 20k$  And at $20k the amount of transactions will be lesser because the fee to pay will be more expensive than the current price. But if people really gain the benefits of using Bitcoin and comfortable with it then they won’t move to other methods of transactions, like people who are comfortable to transact through a bank whose the fee is actually quite large. |
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Between 2004 and 2010, HSBC laundered Billions of Dollars for the Mexican Drug cartels and nobody blinked an eye. After 7 years of doing this, they got busted and they paid US$1.9bn in fines. {This could be recovered in profits, within a few weeks} Most people saw this as a slap on the wrist for the people who were involved with this. Not one person working for the Bank got jail time for doing this. https://observer.news/featured/5-years-ago-hsbc-fined-record-us1-9bn/Ross Ulbricht, was sentenced to life in prison without parole for creating and running Silk Road, which allegedly facilitated the sale of $250 million worth of drugs. Why are we seeing such double standards, when Bitcoin is involved? Bitcoin isn’t the culprit, Bitcoin is only a tool and got bad reputation from it that is not always people think or it even have become a public secret and actually FIAT and other things got the same but the public doesn’t really care and choose to ignore it. |
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The maximum numbers of bitcoin to be mined is 21 million bitcoins. Bitcoin can not be used as money by the whole world because it has a maximum cap. My opinion . What is your stand ?
Bitcoin has the liquidity so one bitcoin cn be divided into so many parts and it maybe enough to handle 7 Billion people of the world.But we don't have only bitcoin as the crypto currencies and other thousand more crypto currencies are also available so it can be enough to replace the fiat money system. I'm a bit doubting if Fiat will really perish or even transformed into another form, the digital world is no doubt in its development but still cryptocurrencies run using electronic technology and it requires electricity to work, 2 things that can be dangerous if relying entirely on Cryptocurrencies. |
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There is a lot of talk about hitting $10,000 by the end of the year, I think this is quite achievable and would be a nice xmas present for a lot people.
But isn’t this a bit overrated? There must be something that triggers such a drastic increase and I think for now there is nothing capable to do that, especially with the so-wide margin. |
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probably it’s obvious for everyone who has seen the proof that bitcoin has recovered or rise since the ICO’s closing in China. and there are many people who become optimistic about bitcoin’s growth after the fork’s announcement that will be held in this month
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when the world war 3 breaks out and the internet turned off, Bitcoin would have a very low value or even die.
because of decreasing in user will result in less demand.
as long as people use Bitcoin then Bitcoin will still be alive, long live Bitcoin!
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In my own opinion bitcoin in the future will become a large earning industry in the Internet.
yup I really agree with you, someday Bitcoin will be the most used currency in all over the world. even the middle to lower class will also use it as a tool of transaction and payment. because in the future it’ll become very famous and common people will be more accustomed to hear "Bitcoin". |
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they aren’t equal with Bitcoin because its different market and the age, but each other has an indirect bonds that sometimes affects each other. they are created because they want to follow or even to rival the success of Bitcoin. for profit and loss problems, this depends on how you can play with them, trading in the right time will get you a lot of profits but this is depends on how much the capital you have.
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bitcoin was created by a groupand it’s unknown until now but many sites have explained that bitcoin was created by Satoshi Nakamoto and many still don’t know whether Satoshi Nakamoto created bitcoin alone or with his group, but should be grateful for now because of the existence of bitcoin many people are financially helped to be better.
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it seems that this title’s thread has fooled me to read the article about water mixed with toxic chemicals to dissolve the ion bacteria into gold.
I thought this thread was talking about the fork of bitcoin gold, sigh.
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Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
if the existing development is not suitable with market demand and there are competitors who see the opportunity then they seize the opportunity it’s not impossible to happen, like Nokia which was on the wind but immediately bulldozed when entered the Smartphone market. |
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Do you know how much people in China ? Until now china is the largest bitcoin user in the world.
With their population, of course if they are panic and sell their bitcoin because of their government policy, it will have a big impact on prices.
exactly with their populations and with the wide knowledge about crypto they really made a big impact especially now that their government are really trying their best to regulate and make a law about this currency as they are feeling threat to their economy. You’re right, so many chinese users in crypto world and the Chinese government can’t control the a lot of ICO so the government forbids and dismiss ICO. if not Yuan will probably be endangered because of bitcoin presence in china |
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of course this will impact widely, when the price of Bitcoin fell and some of Altcoins also follow because they have a similar market share and may contributing to each other. it happens because the most profitable in this industry is still Bitcoin.
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yup I really agree with you, someday Bitcoin will be the most used currency in all over the world. even the middle to lower class will also use it as a tool of transaction and payment. because Bitcoin will become very famous absolutely and ordinary people will be more accustomed to hear "Bitcoin".
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If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.
this depends on your condition, if your physical disable you to work at all, maybe this sentence is still acceptable but if you still able to work but you said this then you’re just lazy. |
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we must be smart and have a strategy in every action at the same time, especially to survive and achieve a better future, we must be smart in every choice we choose and believe it’s the best decision for the situation we meet at that time . not just in investing but also in our daily lives, we should be able to guess what problems will come later.
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