How do you feel about long-term investment? Do you see the priorities in this? What do you think is the reason for this? Where to invest in your opinion?
Yes, long term investment is the best and most safe way to invest your money in crypto. crypto price is very fluctuating, just like now bitcoin price was decrease to 7.4k already. but for the long term, it value has been increased. You can see the history of bitcoin and cryptocurrency value in the market.
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I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do. It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles. How do these companies verify people if all they have to go on is public information? Did they even really check the ID's or were they simply collected the data? How rampant do you think this is? How many of us are complete fools for turning in our documents when others simply faked it. Now they have our data and the people who faked it are still secure.
NOT FAIR.
if they KYC using fake ID, it shouldn't be able to passed. The kyc organizer must have a system that detect any kind of editing tools. KYC should be unable to fake. usually KYC is required for exchanges to withdraw your coins with a great amount.
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Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
of course it is different. bitcoin is a decentralized currency, there was no decentralized currency before bitcoin. another thing that makes bitcoin different with other currencies is, the price of bitcoin was increasing very fast through the year unlike common currencies.
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I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
no, bitcoin not keep increasing. now bitcoin is decreasing on the market. i reached 7600 USD. look how volatile bitcoin is! i think it will impossible for bitcoin to become a currency that used by many peoples in the future.
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hey, please don't trust your coins with these popular exchanges. today my exchange handled my details to my government and i am totally unhappy about that, as i have a group involved and i will be paying heavy taxes as the government thinks i am the one who made that money, but the truth is it was split between the group.
if the government doesn't compensate on bitcoin going down, then it has no right to have the gains too.
Please support decentralized exchanges, it will make governments to stop shitting about crypto gains taxes and other takedown noticed.
SUpport Decentralized Exchanges
Decentralized exchange should be developing so their platform won't have any issues in the future. peoples choose centralized exchange because the transaction speed is very fast compared with dex one.
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Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000. Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes. One Good Post: why is Bitcoin price stagnant?What is happening in the Bitcoin world? What is the near-term price forecast for Bitcoin? bitcoin even worse now. it hit $7k in the market. well, anything can be happened in cryptocurrency. We never know if someone want to dump their coin. just hope this falling not occurred to long so the holders not panic selling their coin and causing worse condition.
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Now obviously, the tittle says it all. I am just curious on how you guys see bitcoins or the whole thought of cryptos as a whole? Because clearly, all of us have different minds which is why most of the time we have different point of views about different things. Although some may have same opinions or believes on the same thing but it still does not cover everyone. Because some sees bitcoins and other cryptos as a key to ending poverty(which is something I disagree with but totally respect), while some sees it as an asset, others see it as currency, and so much more. I would really love to know how you guys see bitcoins because I think this can be a key to having a glance on what the future of the crypto world will be someday(although this is not for sure, I think it is worth a shot). So please my fellow crypto lovers, share your thoughts Bitcoin is a digital currency, the first decentralized currency in the world. i think bitcoin created for simplifying the payment system, but now many peoples use it for investment. They invest their money to bitcoin.
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for a long time, banks seems like didn't want to using or involved with cryptocurrency. but if this prediction really happened, cryptocurrency and blockchain will be used globally in the world because banks used it.
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The maximum numbers of bitcoin to be mined is 21 million bitcoins. Bitcoin can not be used as money by the whole world because it has a maximum cap. My opinion . What is your stand ?
it will enough for whole world. 21 million is just a number. if more peoples using bitcoin and the supply is not increasing anymore, then the value will increased instead. it is supply and demand principal. current circulation is 17mil and will be more added by mining.
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if every exchanges require kyc, then there will be no room for anonymity. everyone will can be tracked by their exchange address. maybe the government do this due to security reason.
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Unfortunately many peoples still think bitcoin as a scam or ponzi scheme. but as time passed, if bitcoin used by many peoples, they will believe that bitcoin is not a scam
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Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?
fud cannot destroy bitcoin and cryptocurrency directly, but maybe at the slow rate. if the fud cannot be proved right, bitcoin price will be back to normal price. the role of community is important to stop some peoples spreading fud.
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Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty
it is unavoidable, token price will drop after ico because many holders bought their tokens with bonus. they want to sell it. if the bounty hunter has been paid, it will dropping more because many want to sell. if you want to hold, hold it for long time.
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I do not think it's worth investing in Monero. Due to the fact that the coin is too anonymous, many states have a negative attitude towards it and it is quite possible that it can be banned
but because it is anonymous, it will used by many peoples, isn't it ? monero price has been increased for more than 3 years. this privacy coin has not banned and still exist! i think it is good to give a shot investing in monero.
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Well, as a smart crypto investors, if we heard something bad about bitcoin, we should trying to find out whether the news true or not. because some peoples want to bring fud here so they can buy from panic sellers. then they will sell higher later.
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many peoples sold their coins just before at december 2017. they must be regret because after they sell, the price of crypto gone far. Patience is the key here. with patience, you can take your time to analyze and wait for the price to increased significantly.
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Reason for bitcoin falling can be an issue about regulations. makes the bitcoin holders facing uncertain situation and sell bitcoin for lower price. The fud spread about bitcoin will affect bitcoin price on the market too i think.
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Not really a bubble i think because peoples won't used bubble for long time (2009 - now). but now bitcoin still used by many investors and peoples for holding or trading. and more, not forget about millions of miners across the world that mining bitcoin.
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bitcoin is volatile because everyone can set any price to sell bitcoin. of course not only bitcoin. cryptocurrency all like that. when bitcoin price increased, the altcoins price will increased too.
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What is the best and trusted wallet for lots of altcoins?
your question is not spesific. What altcoins did you talking about ? i know about ethereum wallet, just use metamask. It is the best web wallet for ethereum and erc20 tokens. other than ethereum, i guess you can download a client wallet for your desktop.
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