If they're worried about its decentralization then why some other countries able to adopt it and go along with its feature and benefit from it? I'm guessing that they do not just understand what are the positive implications that it can give to them.
If they're not going to try it, that's okay but they can always reverse their decision and that's the same as accepting it today and prohibiting it afterwards. Just like those countries that have done it.
from several countries that accept bitcoin such as elsalvador, of course this can be used as a reference for other countries that will imitate it. but I think if developed countries can adopt it and legalize it then many other countries will follow suit, because of course developed countries have a lot of influence on developing countries or other developed countries For developed countries. I don't think that they'll get into the bandwagon that quick. There the ones that are stricter than those developing and third world countries. If you happen to see such problems, they're the ones to stop that adoption. Unless its a country that has a lot of regulations about cryptocurrencies. |
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Well for those folks that have been in the crypto market for quite a while, those FUDs doesn't matter anymore but the impact that it shows to the market is always noticeable and inevitable. don't be fooled anymore.
I hope so that everyone won't be fooled anymore by those bias reporting and media publishing about FUD that comes from China. If they run out of China fud, I guess they'll prepare something again. |
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Well, do not consider that much importance with money. I know that money the material thing could give you a lot in exchange but not all things money could buy. There are other things that money could not compensate.
A piece of advise is that while giving importance to money make sure that you balance everything espcially other priorities like giving time to love ones.
That's after when you've got a lot of money already. But you just can't justify that to those people that have been living poorly all of their lives and as this pandemic hits which added another difficulty to their well being. It's normal to invest and to see people give that much important to money because that's their hard earned money. |
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~snip~
well, we won't really know what's going to happen in the future until it actually happens. not because they don't understand, but most reject bitcoin because it's decentralized and can't get started, so it's a precautionary measure to prevent any threat from plaguing the economy. Yes, because the price is strongly influenced by supply and demand, the price will continue to change. let alone the many rumors or news related to bitcoin, it can support price increases and even decreases. whatever it is, don't worry too much about what we don't know. try our best according to our capacity in working in this cryptocurrency ecosystem. If they're worried about its decentralization then why some other countries able to adopt it and go along with its feature and benefit from it? I'm guessing that they do not just understand what are the positive implications that it can give to them. If they're not going to try it, that's okay but they can always reverse their decision and that's the same as accepting it today and prohibiting it afterwards. Just like those countries that have done it. |
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It is ok, they have anticipated that there will be a massive loss of revenue from the UK region.
Although it's Binance that's being favored and loved by most traders, you still have a lot of choices to trade if your bank won't allow you to use their service to go through Binance.
I disagree that it's going to be alright because that's still a loss no matter how you look at it, isn't UK region a big market for Binance to just let it go that fast and easy and also, are they planning to become legitimate in UK so they can finally get out of the ban? It is a big market but Binance is the one that did the cause. They don't comply from what's being asked so that sums up that they've anticipated already the loss on their part with that move. If they didn't ignored the notice and compliance, they won't be banned and they will still be good to operate within UKs jurisdiction. |
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It is ok, they have anticipated that there will be a massive loss of revenue from the UK region.
Although it's Binance that's being favored and loved by most traders, you still have a lot of choices to trade if your bank won't allow you to use their service to go through Binance.
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I think in year 2021, no need to say that crypto investment is one of the best investment where huge investment came from year 2020 and market also are in good position.
Just so you know, we're already in 2021 and less half of the year until this year ends. Yes this market is too much fluctuated and more dangerous also but where there is risky, there is more possibility also. So be positive here.
You're saying that there's a balance on the market and that is true. But if you don't think that there's no need to say that crypto is the best investment. It's your choice not to say it if someone asks you. |
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if bitcoin is accepted in all countries by 2025
It won't happen. There are still a lot of countries that don't understand what bitcoin is and isn't willing to cooperate and accept it for their citizens. I will think whether the price of bitcoin will be stable or not, because considering that more and more people are holding bitcoin, it could be that the price of bitcoin is getting more volatile, in my estimation, everyone who works in government has adopted bitcoin, but they keep it a secret..
It's always volatile whether there are a lot or few holders because that's the main thing about bitcoin. But one thing for sure, price of bitcoin by that time is going to be more than the last ATH. |
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shouldnt be cause binance is very clean in his work
The issue lies on Binance and that's why those countries has to ban them. They didn't continue their application and what's needed to be complied by them. They have strong efforts against AML and that's the most probable action that they have to do to avoid further suspicion that the platform will be used in a dark matter. |
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Your government is just on it for the money, for the tax and they wouldn't mind where the money will be coming from as long as it's invested in stocks and they have to pay for the tax.
That's the process that they've made and I think there will be a lot of money that they can collect from that process as if they're allowing those 'black' money or coming from illegal(?) I guess.
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As the pandemic started, China was at its best with their economy. But lately, we're seeing that US is also going there and more with the recovery. The impact of this would be good if they will make such good statements about bitcoin.
With the latest news, IIRC, Biden is starting to get his touch with cryptos too but the impact of it for every individual would be a lot in terms of taxation. CMIIW.
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There's no need to think of those matters.
Bitcoin is already quite established and there's no need to worry about those super powers and countries that are too big for it. Just as the usual thing when there's an opponent and they cannot beat it.
Soon, they'll join.
You don't know what you're talking about superpower nations, look at what China did to the market after it cracked down on mining, that is just the tip of the iceberg of what they can do, superpower nations have the nukes, the supercomputers and the money to do what they want if they see it fitting their interests. Also, these nations aren't just going to join in, that's a sign of being defeated for them and no one easily yields like superpower nations. I know what I'm talking. This is a volatile market and every piece of news affects the market, cracking down, banning, tweets of a single popular guy and everything. Talking about supercomputers, they can buy it but what they've done? they did nothing and as there's a big money that they can take advantage on this market, they have no choice but to join, adopt and invest as well. That's where it is going and it's just getting started. |
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i have heard a lot about the use of fuel to mine BTC and its consequences on the environment a lot of places they don't support BTC mining, and mostly for BTC mining miners made the atmosphere where mining points should be bad.
Where have you heard that some farms have been using fuel to mine bitcoin? majority of them uses electricity to mine bitcoin. But if there are some places, probably a few or should be a rare case that they use fuel to generate electricity. That place must have a cheap fuel then. If that's the case that's not friendly for the sake of Elon, he should also address those that have been using renewable energy ever since. |
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Good traders are only giving some advises but it's not applicable to anyone that hears them. Some might get a good result after hearing them out but it's not that for everyone.
That's why some real good traders are selling themselves some courses but it's about you if you're going to buy that one. I have never bought any of those trading courses because there are a lot of free materials online. And I agree that success isn't going to happen overnight, there's a lot of time and effort being exerted to be one of them.
actually it is clear that what makes a successful trader is trading psychology. but sometimes many traders put forward technical analysis for the basis of trading. here we just need self-development by learning and enjoying the process. We know that even though the technique used is the same, every trader will have different results, that's where the psychological role of each person is different It is common to see technical analysis being applied in trading by most of the traders and it won't be gone. I agree that it's a continuous learning process and if you've learned another strategy, you have to test it out and see how the process will end. If the outcome is positive then that's a good test that you shall add to your most commonly used strategy and you're now far from failing. But don't think of it that you can avoid loss, there will still be but minimal. |
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Looking at crypto uncertainty I would like to give a advice for beginner trader that put the money that you can afford to loose.
Newbies that saw others profit will also make them feel that they can do that and will only have the logical thinking that, the higher the capital, the higher the profit. That's what they'll set on their minds but surely is a wrong thought because it still depends on how they're going to trade. And as an addition to the newbies, always do a practice to gain almost everything you need. |
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There's no need to think of those matters.
Bitcoin is already quite established and there's no need to worry about those super powers and countries that are too big for it. Just as the usual thing when there's an opponent and they cannot beat it.
Soon, they'll join.
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It's easy to see the investment that you've got to drop if it came from bounties or airdrops.
You only used your spare time but zero amount of money to start with. That's the feeling when you've taken it easily from those but in serious note, if you've invested with bitcoin and it drops.
You might feel emotional and might do a quick panic sell.
yeah totally..I feel sad too if my airdrop goes to -80% lol It's more exhausting to trade/invest on our own money, tried a few times, can't stomach it better than money from the airdrop. So I just stick with what I do best, doing bounty and airdrop. Casually throw some of my own money too, but rarely. The difference of trading coming from your money is that you need to be sure with your every trade and you'll have to think that there's no space for making a mistake. If you do, then you lose your money. But using your rewards from bounty, whether you lose or not, you won't feel bad because you've taken zero money off your pocket. |
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Personally, I will say yes, it's something you buy and forget.
For the past 3-4 years, my source of crypto investment mainly from bounties/airdrop. So the R/R so good, because I only lost my spare time doing this rather than my actual money (if someday my coin holding go to zero, I have less regrets rather than using my own money mind you).
It's easy to see the investment that you've got to drop if it came from bounties or airdrops. You only used your spare time but zero amount of money to start with. That's the feeling when you've taken it easily from those but in serious note, if you've invested with bitcoin and it drops. You might feel emotional and might do a quick panic sell. |
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Every trading strategy has its potential to grow and if you think that this suits your way, you're likely to get a success from it. What you have to do is get to know what you're doing.
And if you're already good with btc/stable coins pairs and if you're focusing on it for the meantime. That's fine, as long as you're executing your trades properly, that's all that matters.
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Give us source so we can believe if this is an actual fact. We're all speculating that governments want to buy bitcoin at a very cheap rate. But we cannot show proof that they really are.
What if the government you're talking about is against bitcoin and they've banned it? you didn't even specify which government you're describing.
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