Actually the crypto currencies aren't really affecting the banking systems and banks around the world, because still the majority of people worldwide use their services and also deal with fiat currencies. Banks also are supported by governments a lot more than crypto currencies.
maybe what the government is worried about is that bitcoin activity is too much, and every society prefers to transaction with bitcoin, the paper money will be abandoned and the banking activities become lonely. |
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I doubt you really have 2M, someone with this amount of money know how to invest his trasure, but if we presume that you are not lying, the best investment would be to buy bitcoin itself, it's the most secure and reliable currency, you can try altcoin, but recently there is only pascalcoin which is pumped with huge volume, i'm not sure if it can reach 0.001, but you can do this, put half on bitcoin and the other diversify it in many altcoin, some of them will be pumped at some point
I am more doubtful with the money he has it, but he is just waiting for opinions from others and the investment objective is crypto currency? the simplest logic, when someone has as much money as "2M", will not wait long, surely that person has invested the money in the property, or shares that they consider it is obvious and can make a profit. then you ask about investing in bitcoin? I still doubt, bitcoin is a big speculation. in my opinion, invest in the world oil stock market more realistically with the amount of money that big. |
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The easiest way to make Bitcoin if you have much capital and
if you have skills. Combined them in this forum. Much capital?..Invest it in bitcoin. Have skills?..join in signature campaign.
yes, I agree with you. if not have a lot of capital, better to join in this forum. learn a lot and improve skills. join in signature campaign, I think it's a simple and easy way to get BTC. |
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it seems the government will be worried. they judge, bitcoin is not a valid currency to make transactions. the government still prioritizes the legal currency in the eyes of the country and the law. not impossible, bitcoin will also be closed by the government, as is happening in my country.
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I started everything from this bitcointalk. learn a lot about bitcoin, like market cap, volatility, and more. all this is very helpful and I can learn quickly. hopefully bitcoin will continue to exist, and continue to increase its value. because I know about bitcoin 5 months ago, and will learn more about bitcoin and get some advantage.
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So, I was looking at the yearly bitcoin volatility chart. I would suggest you to go through it once. Volatility is varying highly with external demand than increasing price. The maximum volatility of the year was during April-May when there was an excess demand from Japan. After that volatility remained quite medium as there was demand but not excess, but price was increasing meanwhile. And now when there is again an overall hike in demand globally, volatility is high.
in the month of December, the value of bitcoin rose very drastically. you are more understanding and always observe volatility chart, does this mean volatility in this month is high enough? when you said, the maximum volatility is in April-May. |
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do you ever think, if millionair like bill gates or mark zuckenberg it invest in BTC? or maybe, cristiano ronaldo and messi also invest in BTC? come on, let's make a discussion
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every thing must have a positive and negativ impact. electric cars, a new technology in the field of automotive is indeed very innovative, and certainly can reduce pollution and more environmentally friendly than cars that still use oil and fuel. however, the downside is that there will be many oil factories close and will certainly increase the number of unemployed. this is a difficult choice. how do you think, electric cars that are environmentally friendly, or a lot of unemployed because oil factories close?
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viewed from Market Cap (Total Market Capitalization), total Market Cap of $ 132 billion, with last 24 trading volume of $ 5 billion. While supply Bitcoin in circulation has reached $ 16 million from max supply 21 million. That is, the supply of Bitcoin is getting thinner so according to the law of supply and demand, the price will also continue to increase in time. maybe that's what keeps the bitcoin price up.
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bitcoin really changed everything today. high value, making everyone want to invest or bitcoin trading. they have new hope, want to get the most profit in the future. of the some people are unemployed, they now have hope, at least to mine the smallest bitcoin it and make a profit. at least I also do that. bitcoin has changed everything.
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bitcoin is freedom? I think that's very true. of all things, bitcoin does give freedom. freedom of investment, and freedom of trading. it's not hard to start bitcoin, I assume everyone can do it. easy and secure transactions, and no transaction restriction are also the freedom of bitcoin. that's what I love about bitcoin. I am very lucky to get to know bitcoin, and learn bitcoin quickly.
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There are two sides of the bitcoin world when it comes to trading, those that are making money and those that are losing money. Bitcoin volatility is either a good or a bad thing depending on where you are standing on those two sides. You can hate bitcoin volatility all you want maybe because you lost money or whatever but there will always be people loving bitcoin's volatility because they have made money from it. In trading, it's totally a zero sum game. Those that are super late in selling their coins (or to put it in a better way, the ones that are too late to jump the ship) will be the one on the losing side and you don't want to be in that side. So always remember that whenever you've made money from trading, someone is ought to lose money, it just hasn't happened yet.
Now the question is getting back to you, will you take advantage of the volatility or not? Believe me, there's a lot more losers in this world than winners. Learn how to become fearless to become a winner and make profit from bitcoin's volatility. Don't let the wolves eat you.
that means current bitcoin volatility is currently good? prices are always rising, meaning the state of the mood of the market is good as well. Taking advantage of this situation, selling quickly is a good way to get a victory, is not that what you mean? |
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since the bitcoin I see the purchasing power of the community increases, more and more new rich people who appear due to bitcoin, well what I ask is whether its influence on the economy since adany bitcoin until now whose price reaches 1600 $
let's share
I think there is no significant effect for a country's economy. because so far, bitcoin is still a digital asset that has not been legalized by the government, and of course there is no tax for state revenue. and who invested, I think too little. |
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I hope the bitcoin bank will exists. to provide regulation, to oversee transaction activity, whether it is a government legitimate transaction or not. because it would be very useful for the government to see activity bitcoin as a means of transactions, does for illegal goods, such as drugs, terrorist financing and others.
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In my opinion, bitcoin is easy. for investment, trading, and transactions is also easy. without going through the bank, bitcoin could include transactions to the world. besides, bitcoin security is also guaranteed. balances stored in bitcoin purses, are difficult to trace and privacy is guaranteed.
I think that's the reason I chose bitcoin.
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I told you upthread that fungible monetary systems are the property of Satan.
Unless you're trying to channel Coincube over here, it's kind of ludicrous you claim to know what god is. Satan can be characterized as the collective failure of humans, e.g. as it says in the Bible that 666 is the number of a man. The images of Satan as some devilish creature can be construed to be an attempt to visualize this collective failure. It doesn’t necessarily mean that Satan is that creature. We should also define failure in this context. Failure is an integral facet of the inexorable universal trend towards maximum entropy. Fungible systems tend towards top-down, economies-of-scale, thus must eventually be destroyed by creative destruction in order for maximum entropy to progress. Yet they are expedient and necessary along the way. They for example harbor stability for a while. Just to clarify I have most certainly never claimed to know what God is. Infact I claimed the opposite that we not only do not know what God is with reason we can never know. God is an apriori Truth. Since my position was not understood below is my position on God. An empirical argument for religion. Empiric Argument for Religion1) Belief in God is logical in that the belief is internally consistent and cannot be falsified. This conclusion can be derived in numerous ways one of which is via the application of incompleteness theorem. See: The #1 Mathematical Discovery of the 20th Century2) All knowledge ultimately traces back to assumed axioms. Without knowledge, scientific enquiry including empiric enquiry is meaningless and we can’t analyse the world around us. 3) Our fundamental metaphysical first axioms are therefore a critical step in the formation of a sound empirical model of the universe and our place within it. See: Metaphysical Attitudes4) Human progress and civilization requires the growth of knowledge and is ultimately cooperation dependent. Our first premises and axioms directly impact the degree of cooperation that the system can support. See: Superrationality and the Infinite 5) Competing first axioms such as nihilism may grant "freedom" to do whatever you want but for humanity as a whole this is an illusion and such axioms reduce overall freedom. See: Freedom and God6) Thus the first axiom of God is not only largely responsible for the progress we have made so far it in all is likely necessary for continued progress. See: Religion and Progress and See: Faith and Future7) Finally and least important accepting the first axiom of God appears to be correlated with good health. See: Health and Religion8 ) For these reasons accepting the first axiom of God is a superior choice for the empiricist then accepting the first axiom of nihilism or refusing to define ones metaphysics. Anonymints description of Satan above is very similar to my own limited understanding and interpretation. I am not familiar with this discussion. does this explain the science of economics and its relation to belief in God? can you explain in detail to me? |
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Can you really be sure you will profit unless you have insider info?
No, trading is not just guesswork. In trading there is a methodology for analyzing the market, asset and so on ... It will end up there. If you are doing an analogy in the market then you will use different methods to find out what is happening and what are the possible things that can happen in the market and that is where the guessing enters because you need to guess the possible movement of the market and that will either give you profit or loss. yes, I agree with that. but trading also takes courage, whether dare to buy for current prices and speculate, with considerable risk. almost similar to gambling. |
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Etherum
even to this day, etherum continues to be just below the bitcoin. although the distance value between bitcoin and etherum is quite far away, but I believe someday, etherum will be right next to bitcoin, even get through it.
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Japan has already legalized bitcoin.Many other countries like australia are also friendly to bitcoin and might legalize in future.At first,vietnam was in an idea of legalizing bitcoin,but suddenly changed its decision and banned bitcoin.Same is the case with south korea also.India has not still made its stand clear.But in future,we may expect many countries to legalize bitcoin.
Most countries even though they have not stated their full decision, but they are really showing a lot of welcome approach to bitcoin and the blockchain technology which obviously already makes bitcoin legal and adopted for usage. Like you said, we expect so many countries to state their opinions on bitcoin as times go on, but right now Bitcoin remains legal to use in most countries than even the ones it is illegal in. if in my opinion, does it illegal or legal, it has not been problematic. let's just say in some countries that have not legalized bitcoin, but bitcoin can still be used by everyone and transactions are also free right? if the bitcoin is really illegal, then bitcoin trade should have been banned by the government. |
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I think the government has no good reason to close bitcoin. so far, bitcoin doesn't have a bad effect on the government. so, before any case concerns bitcoin, I don't think the government can ever close the bitcoin.
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