To make crypto to succeed in the "real world" it needs to be a lot less volatile ( which would suck out all the fun and moneymaking possibility out of it) imho.
Even big Services like Steam and Expedia stopped accepting Bitcoin payments because of this, so i don't think that smaller shop owners could economically accept crypto with this kind of risk, the ones that do seem accept it "only" because they're crypto enthusiasts.
Well the technology behind crypto, blockchain, will eventually make people accept and adopt this market. Even now projects after projects based oj blockchain have been popping up, some legitimate though others scam. But the legitimate projects eventually have real use and it's only the beginning of this blockchain revolution. |
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Bitcoin chart is going up and down some times I am thinking maybe I should invest part of my BTC (at least the part of the profit I’ve made on crypto) into something real?! Let’s say I can buy share of real estate company and get the part of profit (50-100% per Year). Should I Spend all my BTC on that shares? Spend small (profit) part? Or just do nothing and wait?  ?! I’ll do appreciate for answers with any suggestions and recommendations! I can say that the bitcoin investment is more profitable than real estate investment, you can use the volatility of the bitcoin as advantage for you to grow your money. Skills, knowledge and patience are necessary for you to become successful investor. Nah. You're close to simply making gambles that way. Yeah it can be more profitable at times but the chances of breaking your investment is also compared to investing in a real asset like real estate. If you have the money, diversify. |
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The state has a simple rule that the more money you print as in the more supply for a currency you have the lesser it is valued in the international, market so they go for the least amount you can have to have the highest valuation this principle is also used for bitcoin and other cryptocurrencies.
It will depend on gross domestic product or shall we say it depends on the value of goods produced and services that is why state does not print a lot of money.Law of supply and demand does matter. Well i think everybody should know that already The more pieces of money that gets printed, the lower the value or the currency gets. If you print a 1000$ bill for pretty much everyone, then the currency won't be worth anything |
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Dealing in stock market isn't playing safe either since you also deal with volatile market movement, though at the level of crypto volatility. And people will feel a lot more secure since these are real life assets that they're investing on. That's the differece and that's why it's quite more stable than crypto market.
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The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
The opposite thing will happen . The bitcoin price will going deeper an deepr because it affects the oil price while the oil price will be increasing and will double the btc price . What the? Really? I don't think there's going to be any direct and considerable effect of the price of oil to btc value. Probably for fiat since they're both physical assets. Digital currencies are likely to stay with their usual movements |
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I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.
Do you think that governments will crack on those groups?
Do you think that the people in those groups know that they're hurting the cause more than anything?
Government will not be taking care of those groups because no matter how many bans they will make, people will still be just creating more and more groups about cryptocurrency. Well getting people informed is probably one of the best ways to counter these pump and dump groups. Because let's face it, those that don't know much about the market are the people who usually gets caught in these pnd groups. People who looks to make easy quick profit without making efforts in studying and researching |
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I really agree with you, bitcoin is a new technology that makes it easier for people to invest and transact, although bitcoin is now down this is its time to buy
People who believe btc will perish are likely those who either lost money because of wrong decisions, or have have assets that will be compromised once bitcoin and crypto soar. The future is blockchain. And btc will come with it. |
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Yes, but it is true, it is a hard way to rise up for a simple poor man, all stories about genius with their easy way is bullshit, all of them had good parents or something that helped them.
That's a defeatist way to see things. Success doesn't depend on where you came from but to what you do to achieve what you want. You're not allowed to be wealthy if you believe you're not allowed to. |
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There is no certainty for now as to how bitcoin price will fare in future. One thing I am quite sure is that the price will become more stable and less volatile in future.
I think There are many objective reasons for this. By the end of the year, many countries will adopt laws to regulate bitcoin and cryptocurrency. this figure will be in 2018. It's hard to say for sure, but I think that in the 4th quarter there will be rapid growth and the price can even jump beyond the amount you specify. Well we're all curious as to what the price is going to be when the year ends and many of us are expecting at least a bull run even if it's not at the same level as last year. |
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In order to start a business and make money you need investment which can be a form of credit or a loan from the bank. It's different from an ICO as the investor is not obliged to get his/her money back
Business is different than the ICO. Many of the ICO we have here would not be even seen in few months from now as those are just for the owners benefit in short term. Well in business as capital is required only people who are serious and want to do it for long term do require the capital. Trade is so much more than investing in ICOs so investors need to make the right investment if they do not want to fail in their trading. Trades are usually short-lived and yield very quickly while the first It takes time for the project to prepare and complete the conditions before it can officially trade, which can take from several months to a year. And it doesn't have to come from a loan from banks or anything since you can very well use your savings for your initial investments. And the risks are far more than just simple investing when you trade. Though the return can be pretty quick. You know what they say, the higher the risk, the higher the rewards |
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I'm really looking forward to not needing my bank at all. Just the other day, I tried to send that they call a "Quick Pay" to someone. It's a feature they offer that allows you to send money to someone instantly. Except it's not so instantly. As soon as I pressed "submit," I received a message saying it required additional review. On the 4th of July. In person. When banks were closed. So dumb. Today, I had to go into the bank and show two forms of ID and they had to call someone by phone from within the bank who then asked to speak to me. They asked me if I knew the person I was sending the money to. (He is a friend, so yes.) I was like, "no, I don't know the person I'm sending money to, I'm just feeling generous." Then they asked me if I planned on sending money to this person again. At this point, I was like, "listen, I've been banking with you for 30 years, I'm sitting in your branch, the teller has known me for 10 years...do I really need to ask your permission to send someone MY money and do I need to tell if I'm going to send them money again???!! No."
How do you think cryptocurrency will change banks in the short-term and how long before some of them go out of business?
Bitcoin arrived 8 years ago and due to the fast pacing development of blockchain technologies it is becoming obsolete because there is only that much we can built on it in order to get it upgradable. Well i don't think that banks can entirely be obsolete. Perhaps people will shift to digital money once it becomes more accepted and many banks will close due to lack of customers but they will always be an option |
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No one can make accurate prediction on bitcoin price. But I think we already know the bottom bitcoin price in several days ago at $5800. Hopely, after touch that price, the price can recover and I am still believe bitcoin is long term investment.
Let's see. Remember a couple of months ago when btc moved below 6k? Mostnof us thought we've hit the bottom especially when we hit 9k around april. But alas we registered another all time low for this year only a few months afterwards. So we can't tell really for sure. |
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A coin that issue by a government? Yes i will go for it. Infact i will out my all money in that because if that happen that coin is a sureball investment and it will be huge in incoming future
Though i agree with you that a government coin can be very profitable due to people's confidence since it's legally backed, i don't think going all in would be a good idea. On anything. You can instantly lose all you have in one go. |
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When you also join the panic selling of coins in the market ,its truly contributing to the dump of coins the market ,and there is possibility that it will contribute the demand and supply and makes the market price value falldown, you may be considered a contributant to the bear market.
whatever we do whether it is selling or buying will contribute to the existing circumstances happening in the market. so we better contribute positively by making the bitcoin price increase. Lol. What you said about contributing positively means buying btc which can't always be the case for people. But you're right. What people do, especially in hypes and panics greatly affects the value of any coin. |
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do not rely too much on computer or smart phone. we can record passwords or private key into a book or print out. manual way can still reliable even though the modern era. or use personal encryption to protect data theft so that stolen data can not be opened on other devices.
Good point. Though with the generation today, i doubt if youngsters would be interested in using such method. But i'd consider it especially now that many things online can be compromised. |
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have that debt we have to pay it otherwise our life will not be safe until the hereafter, because it has debt. If you have a lot of debt and can not afford to pay or no money to pay for it. You simply sell your barrage that is not used anymore or if you have your asset sale assets with a relatively good price. That's the only way to repay the debt you have, because it has a lot of debt is not good.
Well you're right. First of all it's important to keep your integrity so that if ever you get in a situation where you're in dire need, people won't hesitate to help you out. Being honest and making it a priority to pay off is one the best things you can do at that point. |
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I still do not understand why the US does that, Iran is one of the largest oil producing countries in the world. The US should not interfere with the bilateral relations between the countries.
Iran is the worlds largest state sponsor of terrorist organizations, and as a result of the US pulling out of the "Iran deal" there are sanctions against Iran. The goal is to hurt Iran's government, and to over time make it easier for it's people to overthrow it. Still. The us isn't the sole governing power and there's the unuted nations. The us doesn't have thr right to dictate to other sovereign governments what to do. That's going a but overboard and i don't think china and india would pay heed anyway |
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At the moment I think I should invest in bitcoin. At present the market is going down so much so investing in bitcoin will be a safe choice.
That’s a good decision for you to take the safer path in investing to bitcoin and not in altcoin as a starter.. But look for ethereum or any alternative cryptocurrency that has potential or have supports that is huge enough that will ensure your profits.. The market now is slightly higher than a week before and the probability of its bull run will slowly coming.. A sade choice probably if you won't have to sell anytime soon. Actually, any of the top alts works the same. If you're willing to wait out bear trends then btc or alts would either be a good choice. |
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I will choose to invest in real state and the second one is in the bank by making a time deposit. I can also choose to put up my own business through franchising or by my own. Putting business is one of the best choice of making money and to put you money in a safe place because in crypto currency the high risk is always possible even you are investing your money in bitcoin.
I'd probably feel the same for real estate since that market doesn't really go out of time. Though i also would want to invest in something creative like businesses that deals with pets or travel. Investing in things that interest you will make things easier and more worth it. |
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Anything which is on web or online, can be hacked. Web wallets can be hacked too but chances are low. If people keep their private key/seed and password/passphrase hidden and safe then there are very low chances of getting the wallets hacked.
Right. That tells you that crypto wallets are quite secure compared to others. It gets compromised only when people don't take care of their personal keys and become careless. |
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