In my opinion, accepting BTC into use as a payment currency is a pretty good thing, and we are living in a time when BTC technology is the foundation of money technology in this respect. development of all of us, for the benefit of long-term storage with no security problems only you can use it, no tax and you are completely free of your own finances.
Countries that accept Bitcoin as a currency are great. But I'm sure they will collect taxes, which is what has to happen. The government can't accept a currency that it can't control and does not get any benefit from bitcoin. |
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One of the most important reasons for newcomers to Bitcoin losses is their ignorance and lack of knowledge about trading. They cannot control their emotions while trading. They think that from a trade they will get rich overnight. Moreover excessive greed is one of the reasons for newcomer bitcoin losses.
Not just newbies. Even experienced investors if they really can't control their emotions and greed. They will also lose money like newbies. To survive in crypto, in addition to equipping ourselves with knowledge, we also have to know how to manage our emotions. When we win ourselves I believe we will be winners in this market. |
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Crypto currency is not bad for environment. Because we use computers it consumes electricity. And the mining machine consumes electricity for running. There are graphics cards that are used in mining machines. So, i think it does not effect the environment. If it is harmful for human health then no one adopt this currency. But now, it is used in worldwide.
Not really. Mining bitcoins from fossil fuels, it also emits tons of carbon dioxide emissions every year. But bitcoin mining energy is still much lower than in other industries. Currently, a lot of miners are converting to green energy, which will make bitcoin mining more environmentally friendly in the future. |
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As, the entire cryptocurrency market is in the green mood and the bull run is gaining momentum ethereum price at the moment is already above $3k which is a sign that ethereum will reach $4k before the end of this week that is a week after the ethereum London hard forks. Just my prediction.
In this few weeks ago the market has been give us a very good mood and i think it will keep rising untill the end of this month and after that maybe we gonna see a little bit decrease because of the market correction. But my prediction the ETH price will hit that price (4k) in the end of this month. The market is showing positive signals showing that the uptrend is still there, along with the trend of nft games is booming and shows no signs of slowing down. Maybe the market will have a little bit correction next week but then it will increase again. I also think ETH hits 4k$ by the end of this month. |
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History will repeat itself, every end of december prices go up and depending on how much venture capital adds to its holding amount. Many predict the market will continue to grow at the end of the year, especially bitcoin will make a new ATH. But who knows? Everything is still just guesswork. I hope Telsa doesn't sell its bitcoins later this year.
I don't think Telsa can affect the market, maybe they are holding bitcoins and if they sell them it won't affect bitcoin's drop. The value of the market depends on a lot of factors to increase and decrease, Telsa is only a small part of that. |
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You can invest whenever you are ready, If you are newbie and looking for a long-term investment everything is still up. Let's start with BTC, ETH, or BNB, these are the top coins that will minimize your risk. Then take the time to research to expand your portfolio yourself.
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I am plaaning to invest on alts 2024. Why not now that you have to wait until 2024?. It's still a long way off for you to wait. For the moment i keep my usdt. I am thinking that these coins still at higher prices , they will sure more 80-90% down. Most altcoins have a high price from a few years ago because they are really potential and useful coins. What makes you think all alts will drop 80% to 90% by 2024? their value has increased a lot compared to 2018. So why don't you invest now and wait until 2024 their value will probably increase 100 times instead of decreasing. |
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Currently, BNB is the most valuable, famous, and powerful exchange coin. BNB's strong growth in the past few years despite the market's decline has proved CZ's potential and wise strategy. In my opinion, in terms of investment priority BNB can be on par with Ether. BNB is suitable as a good long-term investment.
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I don't see that bitcoin becoming more and more popular could lead to it losing value, bitcoin has a limited supply and there is no way that we can create more past that point, that means the the more popular it gets the less supply we wil have and the more expensive it gets, but my concern is what happens to the transactions i mean i don't think that the bitcoin network would be able to process the transaction at a short time making it a viable payment option, and what about the fees, the harder the bitcoin mining becomes the more fees the transactions will have meaning if i wanted to buy something from amazon for 15 dollars i would have to pay 5 dollars in fees and it would take more than an hour for the transaction to be verified.
Agree.The popularity of bitcoin will cause many individuals and organizations to want to hold bitcoins. When the demand is high while the supply is limited, the price of bitcoin will skyrocket. Currently, bitcoin is not viable as a daily payment method. Transaction confirmation time and fee per payment are still difficult compared to the utility of fiat. |
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Bitcoin has succeeded in ensuring anonymity and allowing transactions without the need for a third party such as Amex, Visa, or a certified bank. This is something no other money can do. By far, bitcoin is the best in terms of scale and convenience. Bitcoin is not subject to inflation, interest rates, its value is determined by the number of Bitcoins in circulation. This further increases the reliability of the bitcoin.
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Cryptocurrency is now moving at its own pace. No one has the power to stop the movement of cryptocurrency. Cryptocurrency will be banned in one place and its door will be opened in another place. So crypto lovers have nothing to worry about. Obviously, one China can't stop the development of crypto. Their ban will have some impact on the development of bitcoin but it is temporary. Bitcoin will still grow without China. I hope china will change their decision. When Bitcoin is accepted and widely used, Surely they will have to change the decision if they don't want to be backward compared to the rest of the world. |
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Many atlcoins have been created and compared to even replace ETH. Not only DOT, TRX, ADA, XRP, EOS.. all still show that ETH cannot be replaced even though these platforms have better features than ETH. ETH's biggest competitor I think is BNB. If there is something that can replace ETH, it can only be BNB and no one else.
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I agree with you about the money laundering risk. Bitcoin is superior to fiat because of its anonymity, decentralization. But because of that, criminals and terrorists will take advantage of the anonymity to be able to launder money and trade illegally across continents that are difficult to control by governments. Bitcoin is really dangerous when used by criminals.
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Google, Facebook, Instagram... most of them are companies from the USA or from USA allies. Perhaps the political antagonism between China and the West has caused these bans. China is an authoritarian country they want to control everything. Bitcoin's decentralization is perhaps their most feared enemy because of its inability to control and destroy bitcoin. Their ban on bitcoin cannot affect the development of bitcoin, but certainly won't let bitcoin destroy their centralized control that has been established for hundreds of years.
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we can say that everyone has a desire to help each other, if one day I have an income from bitcoin I will also do the same thing to help the homeless who really need a helping hand from people who want to lighten their burden.and I am also very willing to help the underprivileged people around me, because we can say that it is an obligation for everyone to help.others, especially for the underprivileged, especially the homeless.
I think that using crypto as a means to crowdsource and distribute food is one of the greatest use cases for it. I've updated the first post again with several new outings this week. Enjoy! Thank you for all your dedication, everyone will be very grateful to you. Also raising money for charity through crypto is great when you can get donations from people all over the world. This is what crypto and bitcoin can do, the clear difference between crypto and fiat. |
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It's too hard. All miners need money to pay their daily expenses. For those who mined at the beginning, they couldn't even hold bitcoins until now, because bitcoin has grown very high compared to people's initial expectations.
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Old Adress: -----BEGIN BITCOIN SIGNED MESSAGE-----
Hi. This is Marvell1. Today August 10 2021
-----BEGIN SIGNATURE-----
1NNSoJsWABSiqftBVWze6HUFRFtaBkZy4G
IGm3M8shRm0200WX0O1HaycP3RuqwdvBMOB6zFFx9LmjFmkAuO9FSC0dsAB8HeOToT3i3sVR9ft0dN2u5H4o+pI=
-----END BITCOIN SIGNED MESSAGE-----
MY NEW ADDRESS: -----BEGIN BITCOIN SIGNED MESSAGE-----
Hi. This is Marvell1. Today August 10 2021
-----BEGIN SIGNATURE-----
bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8
IF9LOCOd2qFizu++ZzZOwnNn0ciYjWHm21K04BlslEypReoY9MM9hqdGvkx0V1CFWTIgagtfQXrkJBZwezon0ic=
-----END BITCOIN SIGNED MESSAGE-----
You have made the same mistake as Charles-Tim. You have signed a message with only your user name and a date, and that is not helpful. If you want to change you signing address, you should sign a message saying exactly that. Otherwise, people in the future can't be certain that you really changed your signing address because everything outside of a signed message can be faked. Your mind is: MY NEW ADDRESS: -----BEGIN BITCOIN SIGNED MESSAGE-----
Hi. This is Marvell1. Today August 10 2021
I want to proof my new BTC address: bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8
-----BEGIN SIGNATURE-----
bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8
IF9LOCOd2qFizu++ZzZOwnNn0ciYjWHm21K04BlslEypReoY9MM9hqdGvkx0V1CFWTIgagtfQXrkJBZwezon0ic=
-----END BITCOIN SIGNED MESSAGE-----
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Hi. This is Marvell1. Today August 10 2021 I want to proof my new BTC address: bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8 I have just been a mistake with old sign Please verify me. I have new BTC address: bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8 My old address : https://bitcointalk.org/index.php?topic=996318.msg21704000#msg21704000Proof: -----BEGIN BITCOIN SIGNED MESSAGE-----
Hi. This is Marvell1. Today August 1 2021
I want to proof my new BTC address: bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8
-----BEGIN SIGNATURE-----
1NNSoJsWABSiqftBVWze6HUFRFtaBkZy4G
H2LB9zj9Qf9fHrywewfJOrAh/WMI7YIf8S6+P6zP0Trbe3HHaEvFWhQsobarSXySKX/XDaDURII3T5Xw4BABa2g=
-----END BITCOIN SIGNED MESSAGE-----
And my new BTC address -----BEGIN BITCOIN SIGNED MESSAGE-----
Hi. This is Marvell1. Today August 1 2021
-----BEGIN SIGNATURE-----
bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8
IGJQ5lFdXnekTnoIQaiKlbEJs+JKcgRzd1zCKZg8JZsoWe18XGCDCLQsbP0dB49WjUudK5L9xcQZLGaU9C5JvoI=
-----END BITCOIN SIGNED MESSAGE-----
Old Adress: -----BEGIN BITCOIN SIGNED MESSAGE-----
Hi. This is Marvell1. Today August 10 2021
-----BEGIN SIGNATURE-----
1NNSoJsWABSiqftBVWze6HUFRFtaBkZy4G
IGm3M8shRm0200WX0O1HaycP3RuqwdvBMOB6zFFx9LmjFmkAuO9FSC0dsAB8HeOToT3i3sVR9ft0dN2u5H4o+pI=
-----END BITCOIN SIGNED MESSAGE-----
MY NEW ADDRESS: -----BEGIN BITCOIN SIGNED MESSAGE-----
Hi. This is Marvell1. Today August 10 2021
-----BEGIN SIGNATURE-----
bc1q0h35js5pm2qrnfx3a44jv4funs0fkqqhd3dlq8
IF9LOCOd2qFizu++ZzZOwnNn0ciYjWHm21K04BlslEypReoY9MM9hqdGvkx0V1CFWTIgagtfQXrkJBZwezon0ic=
-----END BITCOIN SIGNED MESSAGE-----
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I have tried to display a reminder of accepting cryptocurrency payments in my shop.
But many customers don't know what cryptocurrency is. Some interested will ask, I also have to teach him how to buy it on the exchange and then how to transfer it to me. This wastes a lot of time.
In a month, no stranger pays with cryptocurrency except for a friend who understands Bitcoin. He used Biance's C2C function to transfer me a 200USDT bill. Finally, I removed the cryptocurrency payment method.
It takes a long time to promote cryptocurrency payments.
Although we live in the technological age but not everyone can use smartphne proficiently.Cryptocurrencies require you to have more skills to use.Cryptocurrencies have gained rapid popularity in recent times. Actually it's not ready to become a daily payment method, we need more time. |
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Obviously the government won't allow such level of financial freedom from the citizens, reason why they are so much against it, to be honest, it will be very hard to see btc as the major currency of each country, if the people have financial freedom, the government existence will be threatened, there will be an unrest, and the rich will oppress the poor even more so, this can be good and bad at the same time, the government will fight to suppress this for the sake of what the outcome will be.
currently only the government in the country of El Salvador dares to legalize the actual use of Bitcoin. Several other developing countries are still reluctant to legalize bitcoin as the main medium of exchange because it will threaten the official medium of exchange. transactions owned by bitcoin will be recorded without being able to be deleted and very transparent, anyone can see and trace transactions easily. Yeah, I was thinking that after the announcement about legalization in Salvador it help to encourage other countries to do the same but until now, we've heard nothing. It looks like these countries are waiting for more proof or they are waiting for the SEC will legalize it first. And I can see this blockchain technology will help to stabilize illegalities when KYC has been applied to all users as we know that all transaction is recorded and can be traced. Salvador is a small country, its influence on the world economy is negligible.If the US or another great power accepts bitcoin as legal tender like Salvador, other countries will do the same. Bitcoin and blockchain bring transparency but if bitcoin is legalized it will threaten the traditional payment method. |
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