Sometimes we are faced with a difficult situation so that we sell our Bitcoin assets as soon as possible and not everyone knows access to Exchange. So that sometimes resellers are the choice to sell bitcoin and get fiat money as soon as possible.
Their is people that normally lives with bitcoin they generate through trading and other way round, if they refused to sell and get quick cash they will not survive well, but is absolutely wrong from my perspective to be selling bitcoin frequently without investing, cryptocurrency is a currency that it's values is not fixed and it always get accelerated in movement, so therefore a coin you save or invest in intervals of months can as well come in multiple times when it stays long and most especially annually storage of coin, I'm really against people that always inquisitive to exchange coin for fiat always, i know that some sell's in respect to solve a problem.
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Bitcoin and cryptocurrencies are of interest to people when inflation absorbs their economies that is a good sign for businesses to start including cryptocurrencies as a means of payments. I could perceive it when I shared with the owner of a business that I bought her construction materials to repair my roof. The owner of the business approached me and asked me to teach her how to use cryptocurrencies. I have not taught her yet because I have had very little time to dedicate to her but I will, but in addition to time I was stopped by the knowledge that the owner of the business is a usurer.
It may likely seen that many people are inquisitive of having a business transaction or any form of payment with cryptocurrency which note down by bitcoin, but it seems that while they are scared is due to lack of understanding or knowledge with cryptocurrency regulations and terms, so i believe from your explanation that while some prefer traditional system of payment is because they have acclimatized with such kind of payment patterns via local currency, on like me if any one devote out time to learn cryptocurrencies ways of transactions, i will make sure i have impact the knowledge to the person, provided that the person in question have an interest over it, definitely i will make out chance to educate the person in particular.
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The problem of any country development start's with economy, and it's very obvious that economic problem depends or rely on the government hands, while some countries are been into economic distabilized is base on lack of economic diversification, they all channels the process of resources from one directions which is absolutely wrong from my perception, so diversification of economy will as well enhance or create a substantial development to any country, the bridges of economy is politics, this is higher figure i can say that always caused a set back to a country economy, because of lacks of management of a sector by a wrong political nominees that controls the resources of the country.
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From my experience, scammers provide a web address. He messaged us greeting us, asking how he was.
Lol...bro scammers have varieties ways of trapping people, even though you spot them in order to get their strategies now, they can as well introduce a different device or method, because i noticed this people that involves in scamming just took it as profession which they only base on how to get the intelligence of people, the only way we can escape from them is to be curious about the kind of investment platforms we enroll with, and also carryout investigation before we adventure into any platform via investment.
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just look at the chart:
every time the bitcoin price drops to a strong support and cannot make the price fall below this support, it starts to rise a lot until it reaches a very strong resistance and when it cannot break this very strong resistance the price starts to fall a lot until that it achieves very strong support, this has been happening for years. don't have any surprises
If i may ask you what is really the cause of it not been constant for it movement? Actually it normally rise and fall, from my observation i understand that the only thing that causes this kind of movement is due to the relationship of cryptocurrency especially bitcoin the marketcap, since i notice what is bitcoin, it never be stagnant in it's price and it future of price movement is determine by the total numbers of demands, so when the demand is higher than the supply the price began to accelerate with higher potential, so the summary of volatility is base on the market.
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Globally before you see a country that accept bitcoin for any payment system is very strenuous or arduous to indicate because at least hundred percent of the countries out of seventy five percent of the countries don't accept or adopt bitcoin as payment system instead of fiat currency
We both know Bitcoin is not difficult for people or business owner to accept Bitcoin as payment but it is each countries Federal government stance toward Bitcoin that is preventing this from happening. The last time I checked every business owner like an innovation that will increase their chance of making more money or growing their business. but it's good idea and reasonable enough if some entrepreneurs or traders enroll into bitcoin payment system if really the government of their country will adopt bitcoin, because right now i know that different countries government dislike bitcoin
Yes, the government are the major reason why Bitcoin is not accept as payment in some country but those that know how to use it arereceiving their oversea payment through Bitcoin. Yes of course you will use it but they are not using it openly Because many people is afraid of government in actual sense, but a process whereby bitcoin is been legalize in a particular country i think the payment with bitcoin can be make obvious even though you don't know how to use it, you can as well learn, the only thing i find out that has been a hindrance via payment with bitcoin via different countries is the implementation of bitcoin to a country through the government, when such is been done people will start using bitcoin like Fiat for exchanges of goods transaction.
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Really this is memorial's or refreshments of different topics that educate us in all ramifications and with the help of Ratimov those forgotten topics that has been treated some months back and some years back has been recalled and people who wasn't in the community when some of topics were new will go through them step by step, so i congratulate @Ratimov immensely for bringing this topics to light, and more especially to new user, they can as well learn from this, if they are ready to learn.
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But while is that fiat ATM machine is very difficult before criminals penetrate into, i think bitcoin ATM machine have a higher security level more than fiat machine but fiat is not easily to penetrate in order to steal what is inside the machine, i believe those people that might done that don't have already existing pre knowledge to decode the machine.. but i think they those people is deformed or not informed that the machine is for bitcoin, because is very very rigid to succeed via bitcoin machine stealing.
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I understand some people's concerns though. Think of how much unemployment some of the changes you mentioned will bring. Robotics will replace employees who do hard labour. Amazon making people not to enter physical book stores anymore. But as for Bitcoin, that is a really valid change that will rather better things and even ease payment.
Also bitcoin has eradicate some elements of poverty across the nation, since the introduction of cryptocurrency especially bitcoin in year 2009 some people method of investment and methods of life has absolutely changed, so the Divine bitcoin brought is high From my perspective, so i don't really know what others are lamenting about bitcoin out there wether positively or negatively but what i really know is btc make some people to be self employed since they notice the important or it's advantages.
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Globally before you see a country that accept bitcoin for any payment system is very strenuous or arduous to indicate because at least hundred percent of the countries out of seventy five percent of the countries don't accept or adopt bitcoin as payment system instead of fiat currency, but it's good idea and reasonable enough if some entrepreneurs or traders enroll into bitcoin payment system if really the government of their country will adopt bitcoin, because right now i know that different countries government dislike bitcoin, so from my perspective it will take like period of time before cryptocurrencies which we officially know the head as bitcoin been generally adopt by different countries as means of exchanges in equivalent with fiat currency.
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Hello. I have logged on to my electrum wallet to find out 0.5 btc was transferred to an unknown wallet and my wallet is empty.
I havent found an email for Electrum support, only a link to these forums. How should i proceed? Is there a chance to retreive the money? Looks like my phone was hacked.
I think nothing you can do about it to recover or retrieve the btc, because someone also misplaced the seed phrase and his coin was moved to another Wallet and since the incident happened he was enable to recover the coin up till now, the aspect of hacked, it's very obvious that system can be hacked but what really causes this problem is when you are sharing a system with somebody, so the possibility for your secret codes to be review to another one is there, so i will encourage you to abstain from sharing system with somebody, I'm just explaining from experience because it has happened to me because of exchanges of system.
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Hi guys I am new here. I want to upload pic in this forum thread. Cause I am unable to do this. I watch YouTube videos and there are nothing about these. I would be pleased if someone share it with me. I will be pleased if someone help me.
I think you should go through the comments the solution to upload image's has been analyze in different format, so it's left for you to choose anyone that can be easier for you to use, but for me i will prefer using imgur to upload pictures of different kinds, other methods has been indicated.
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Actually investment is an investment irrespective the duration or the time frame, the profit or benefit of any cryptocurrency is determine by the time of purchasing, so some long time of investment via crypto can also be as a result of the market movement before buying, it's very obvious that you can buy bitcoin now the price is accelerating gradually and store for more increment in order to make a profit and cryptocurrency decrement occur from higher concentration to lower concentration for interval of years, have you forgotten that bitcoin have stays stagnant at in the year 2020 with the price ten thousand, so long time investment via any coin can be determine through the market movement of all cryptocurrencies.
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I think this topic has treated here in different ways, shall any ways, any question deserve an opinion or an answer, your point is what really make us human being on Earth, it's obvious that passphrase or password of anyone using bitcoin is is very important and is the highest key for security purposes, actually someone can die anyday and any hour without anybody having access to penetrate into his wallet due to the passphrase is not review to anyone, so the investment can be of waste without the passphrase to penetrate, so its very encouraging that any wallet password should be written down as a proper document or in forms of landed properties documents should in case of death and siblings or wife or husband can have access to the wallet, because it's very clear that death is unpredictable and unsecured.
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That's unfortunate, yes there are some ways to brute force your wallet, only if you knew and remember partial/some details of the password, but on your case seems you totally forget about it, try to remember it, coz bitcoin core will not require and ask a password if you did not set a password on it AFAIK (correct me if I'm wrong though).
But i think that any wallet password that has been misplaced can never be recover again, because i have seen someone that misplaced his phrase code and up till date the bitcoin in his wallet he never have access to penetrate into the wallet, so if this particular solution you render can be of help to retrieve a missing password that means all lost password can be recovered?
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This generation is relying on the greatness and benefits of decentralized financial system
Lol.. it's clear that the world can't do without digital currency currently, the benefit of decentralized system of currency is because it's a self control currency, which nobody is connected with you in order to regulate it, a digital system of currency is like a self guide from my perspective, which gather a higher security level in aspect of monetary protection and security, so the reason while people adventure into it without much doubt, i think, am sure is because of security purpose.
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Op i can as well agreed with you that that destruction starts with planning, their is every tendency that the way reschedule your plans via bitcoin both trading or investment is how you will definitely get it's result from my concept, i can say, it's well known that you are doing well in cryptocurrency sphere it's the reason while some people around the corner like to adopt your own method of been successful, the only reason we have massive adoption of people adventuring into bitcoin is because of it's testimony by people base on positive plan of someone, assuming it does not work out accordingly some person's view no body would have follow the steps of bitcoin as a currency..so i really support the motion of op that destruction starts with plans.
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Banks are essential part of a the cryptocurrency network. In one way or the other cryptocurrencies have connection with the fiat.
It's quite understandable that if their is no bank cryptocurrency will not have a nice bond, so bank play more role in cryptocurrency because of it Fiat, it's very obvious that without fiat cryptocurrency especially bitcoin will not have much firms, except it's a situation whereby fiat will be replaced in the name of bitcoin, fiat is an ancient currency which is older than any other currencies seconded by Gold currency, so without fiat collaboration with any other cryptocurrency like bitcoin it will be very difficult before bitcoin will be accepted as a legal tender in some countries, so fiat is another alternative thats excavating the influence of bitcoin currently, that's from my views.
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From my understanding, i understood that selling is a transaction exchanges between Good's and services irrespective the measure, now op gave an illustration via land selling as a reference, it's very obvious that before you sells your any of your belongings you have already made your mind and also have another alternative or steps to follow because the side effects of it, so relating it to bitcoin, i know that some people used to be inquisitive to sell bitcoin immediately the price appreciate, but i seems it as choice because they have already made a decision before they sold it out, and option B maybe in place.
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No one can claim to be perfect in cryptocurrency trading irrespective your long time experience in trading their most be a lost, and a lost in trading correct errors or impression towards trading, from my understanding in all ramifications of life, it very clear that a mistake in any venture always contributes to a welcomed development or success of any one who adventure or enroll nto cryptocurrency, so on my own aspect i have never see lost as mistake but seen it as a pathways to correct a mistake.
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