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If you are tied to the dollar then I don't see any problems. What's the difference how many coins you bought? If you bought 1 bitcoin and it will bring you a profit of 100 dollars now of investment of a few thousand Satoshi bring you an income of $ 200. I don't see any problem. Can only be moral, but you do rejoice when the price of bitcoin is increasing.
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It seems to me that you would be more profitable to conclude an agreement with any stock exchange or e-wallet which makes such operations online. The ATM works round the clock and therefore, you may encounter problems if you work with individuals. Also you need to find out the legality of this business in your region. Possible expenses will exceed revenues. Do not forget that most bitcoin users trying to keep their coins and not rushing out to change to Fiat.
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Spending it as a payment will take some time since the majority of the public are not aware of Bitcoin's existence yet. When large industries will implement BTC as a source of payment then people will be able to spend it. The price of Bitcoin has to be stable in order to accomplish this. People are now holding it as an asset and not using it as a currency. This is what making Bitcoin's price going up and up.
The company will begin to pay people a salary in bitcoins. In order to maintain the required amount of coins you need to sell your products for bitcoins, or mine them. It seems to me that this will create additional difficulties. So the company will be always to be paid in Fiat. |
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Even assuming that now the profitability of mining Cryptonight increased in the best way you can mining $ 1 a day. In this case, you will overheat your CPU and GPU. The laptop is more expensive. Even if you manage to keep your laptop in the course of the year it will only be 365 dollars. If you will use the old PC for this amount you will buy a powerful GPU which earns 3 times more money than your laptop. And it can work several years without any problems.
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Lol, Say whatever you want to say Mohamed El-Erian, Maybe he didn't even read the information about Bitcoin and the Whitepaper of Bitcoin, Bitcoin is a cryptoCURRENCY and will be used as a Digital Money / Digital Currency / CryptoCurrency. Stability of Bitcoin would still not be achievable as of now, as we can see the 21 Million coin is not yet fully mined, Stability of This Coin is possibly achievable after mining all of the coins.
The stability of bitcoin will not even when all the coins are mined. The main reason for this volatility is that bitcoin is only used for trading on the exchange. Speculators have a large supply of coins and can easily destabilize the market. When bitcoin will be used for the purchase of goods will make it more difficult. |
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I think that if they are going to trade the real bitcoin based on people agreeing to buy/sell btc for a certain price in the future then in truly is a risky thing, because more people will buy/sell/hold bitcoin without putting value in it and then suddenly it might end up the way that there aren't enough people who really want btc and the vast majority will try to sell it,but they won't be able to do that properly, because the price will crush. I hope something will intervene and stop people from adopting btc like crazy or otherwise it truly looks like a financial crisis case.
In order for it not to happen you need to create the conditions to ensure that the bitcoin had come of currency. If you do nothing it will happen as you say. Bitcoin now accumulates huge financial resource. What will they do with the money? Nothing. This is a useless asset. He is sure to fail. The money should turn around. Only trade can save bitcoin from collapse. I do not mean trade in the foreign exchange market. I mean trade goods. |
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The percentage of the profit from investing in bitcoin is indeed higher. Moreover, it is not illegal business. But there is a danger that all the drug and weapons traffickers can legitimize their income from the illicit trade in bitcoin. It is certainly bad, but the fact that it will increase the price of bitcoin that's for sure. Illegal money will help to make everyone who owns bitcoins.
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I think the backdrop of the meteoric rise of bitcoin prices, people are losing their minds. In order for bitcoin had a price need to a large number of people had resources to buy it at that price. Show me people who can now easily purchase bitcoin at $ 7,000. Bought most of bitcoin before, or have earned it. People have no such amount of free money. It seems to me that at some point bitcoin will stop for this reason. Maybe even the price will drop. As it is not sad but to keep this price only those who have a lot of illegal money and they want to legalize them through bitcoin.
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It seems to me that Amazon is not going to use bitcoin. They just use this news to the popularity of bitcoin is to make a PR. Any news about this intention the lightning spreads all over the world by all news agencies. It's good free advertising. Sorry that this is so. From making payments with bitcoins would benefit all. The sellers and buyers.
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It seems to me that tactic when the fork should remain unchanged. I'll keep your coins in your wallet until no messages about that transaction take place without problems. To be honest I was those endless fork is already severely strained. I hope that segwit2x will be the last fork. The price increase of bitcoin after every fork is moral and material compensation for me.
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legalizing cryptocurrency in country is a difficult, it depends on users cryptocurrency and bitcoin, "how cryptocurrency users participate in state regulation, and demands legalization, by judicative means.". cryptocurrency legalization statistics is very dynamic, and when you see some effort to start receiving bitcoin, it signifies the global elite has received bitcoin as a means of payment.
It is very important because without legalizingbitcoin will never be the main stream of all the currencies of the world I the future and once it is legalized by all the countries of the world then no power can stop bitcoin from becoming mainstream of all the currencies. Therefore I think that legalizing and regularizing bitcoin is very mandatory for its implementation all over the world. It is not exactly like that. I don’t k now whether governments are interested in it or not but they definitely realize its existence and the threat it gives to them. Isn’t it the reason they are not talking about it because this way they can keep common people unaware of it.Whatever politician says, it goes viral. Passing a negative statement by any official regarding will be a bad publicity but still a publicity. Anyways, I see more people taking about btc around me now. The higher bitcoin price the more people will accept it. Politicians understand this and don't know what to do. They are on the twine. This explains the fact that around bitcoin a lot of talk but absolutely no action. I think that governments try to impose large taxes on the use of bitcoin. If thus does not work to stop the spread of cryptocurrency, then they will go to more decisive action. In any case, it's only the beginning. |
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This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.
Do you think Governments could kill Bitcoin?
If the government stop bitcoin in by hook or by crook they can do it,because they are the law,but they always remember that poverty in my country they didn't resolve it and every year always increasing,and when bitcoin comes helps decreasing the ratio of unemployment,without the contribution of the government. Mostly many of my countrymen will be benefited because of the bitcoin. I disagree with you. Drugs prohibited by the laws of all States. But it's not helping. Trade this poison is everywhere. Even in Muslim countries where the death penalty for drug trafficking. I am sure that bitcoin will be the same. As the government is not fought with him there's nothing they can do. Therefore, most governments are considering the legalization of bitcoin. The ban are only the totalitarian regimes. |
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I don't think so, I think 7.5-8 is feasible, but I think realistically we will finish the year about 7. 10 would be a huge leap, and I don't expect to maintain current levels post fork.
Nobody knows how it will be. Maybe the price will grow, but maybe we are waiting for a big fall. The behavior of Bitcoin is impossible to predict. He refutes any logical argument. Bitcoin reacts to news extraordinary. In fact, we can only guess what will happen. I am very pleased that we live in a time when there was a bitcoin. |
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How do you think, will states be able to regulate the crypto currency?
Firstly every country already has its own currency which has to be regulated regularly .So, regulating the cryptocurrency will be really difficult for the country or the states to regulate it. Also, cryptocurrency is independent of these rules and regulations and will remain like this only. There is very little chance that states will ever regulate the cryptocurrency. Actually the government can easily regulate the use of cryptocurrencies. We are helping them in this. Instead of trying to unite and fight against interference of the government in the cryptocurrency market we are discussing how best to do it. Actually voluntarily giving power to the government over them. Then why all this had to start. Use only Fiat. It legalized. |
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In most African States are very weak economy. Bitcoin now for many people in underdeveloped countries is the ability to survive, but do not forget about the fact that the government and the people have nothing in common. If America decides to deal with bitcoin around the world they will easily find a way to interest the governments of all African countries to ban bitcoin.
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Bitcoin is better than stock because it is still under development. Any project which only began to develop has more profitability. Over time, growth rates may decrease. We were lucky that we managed to become a part of this process. I believe in the great future of bitcoin and any news that bitcoins had new supporters for me as a balm.
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I'm on the forum I read that Amazon wants on Thursday to make a statement about the use of bitcoins. If so then bitcoin will have the possibility of a turn and then the price can stabilize. But the stabilization will apply only to falling prices. We will have the opportunity not to sell bitcoin on the exchange where it will all depend on whales. We can spend bitcoins to purchase goods more profitably. Then the price of bitcoin will always go up.
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I heard about that on October 26, Amazon will accept bitcoin. Now this date is postponed to Thursday. If this is true then it becomes clear why the price of bitcoin today did the trick. This is only the beginning. Trade has been the engine of any project. Without trade bitcoin it will be difficult to stay afloat.
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I don't trust altcoins but that does not mean they should not exist. Altcoins is a defense mechanism of bitcoin from overheating or hypothermia of the market. The Ethereum serves as a haven during a storm in the market of bitcoins. But as a long term investment I only deal with bitcoins.
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I think we pay too much attention to news from China. When came the bad news the price of bitcoin fell, but not for long. She quickly recovers and continues to grow. If the good news is that it can accelerate the growth rates. I care because I'm not coming time to sell my coins. It is a pity that there's no safe way to invest this money into production. Large investment portfolio lies without action.
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