Because the high officials of the largest banks in that country has a great influence in their government that they might made a deal to convince them to easily ban bitcoin. I'm sure of it because there should be study first on the crypto and not rushing to impose ban like that.
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For me, it's important role is put a stop on tampering transactions that is often currently done by our corrupt officials that even if we want to expose them, they can turn the tables and point us out as the suspect. So it's created to change the rotting system.
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I think I'm less positive in my life because nothing have ever made me feel this way and only bitcoin did that effect on me. Nothing would get me excited to wake up and get inspired to work to get more btc.
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Hehe Sounds like Illuminati? I'm just kidding. I don't agree because first, many countries are experiencing power outtages so local fiat is still reliable on that situation and second, having different value of money is good for the world's ecosystem.
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I'm pretty sure that it's going to be a hard time to get old people to use bitcoin. I've seen many grandmas and grandpas that does not even want to use smartphones or pc even their families gave them to. Maybe only a small percentage will do it.
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The fiat will stay but they are going to be extinct. I could compare fiat as phones with keypad and crypto as touchscreen smartphones. Keypad phones still exist but smartphones are more used by majority so that will happen to fiat in the future.
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Are they law? But I'm not surprised really because they might be felling they only have few days left reigning as the industry who controls the flow of money. If I'm in their place, I would also do such crazy things just to get rid of bitcoin.
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It is going to be overall good. People easily judged that bitcoin is over or it will just keep going down when we are just only one month of this year. For me, it's better that the dip happen first because when it's over, crypto's rise will be unstoppable again.
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Because bitcoin is the face of crypto and it's the main choice when you want to exchange your fiat to crypto. There's always two which is BTC and ETH and it's obvious that they recognized btc more so that is why they go into it.
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I also felt that way when it was soaring to $20k but I told myself that we aren't even reaching massive adoption so it's still not too late to make profits from it. $50k and $100k are still on the way so there's still time left.
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Gold is still going to be significant like for using it as a jewelry and bitcoin can't do that. Bitcoin is just best at doing digital transactions and it will stay that way so it won't replace anything thats has physical form with value except fiat.
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I can track my own transactions to see if it goes there or not unlike using dollars when purchasing online that you need to call a bank if your transactions did not push through and the hassle of getting passed for many hours just to tell you what exactly happen to your purchase.
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If they can't answer simple questions like who are the people who are operating the project or business then it's a scam. But they can also use fake identities so research more about their records and social media profiles.
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Of course it does. I've seen many online services like writing articles, programming or online shopping that accepts btc and people are just not informed so they don't know that there are now a lot of markets where you can use your btc.
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This is a revolution on the financial system. Bitcoin will change the world a better place even though it will not make things perfect but the worst problems like manipulation of the system will stop. And the government is the number one who is good at manipulating transactions so it will benefit us all when blockchain is in motion.
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The first thing that I want to buy with bitcoin is to buy fiat. We all know that it's going to be a tough time for a lot of businesses like amazon or ebay to accept it for buying things. Then after that I will bought a 3-storey house and another one for a vacation house. Help my parents and my siblings then make many trips out of the country.
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Regulations and KYC will make criminals unsuccessful on their plots using btc or crypto so other people should not be blinded that bitcoin favors criminal activities more than fiat.
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At the start, I was so clueless and I'm like a baby that just do anything without any reason. I'll buy it because they said so or it's cheap. But after a couple of months, I'm starting to get benefits with trading because of continuous searching and studying.
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.) Should I avoid pumps and dumps or try to earn some money? It would be interesting to know your opinion, guys! Thanks
Avoid pump and dumps sir. It needs a very perfect timing and you only have a very small chance to know their coins before it skyrockets and it does not also mean that their signals will work. It needs large numbers of members.
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I think Paypal will just create their own tokens just like what Kodak did. It would favor their business more compared than doing it with bitcoins. Bitcoins is still a headache for fees and transaction time so I still don't see any possibilities.
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