Should I Invest In Bitcoin?
Yes you should always invest if you have a money to spare or wait for the price in the market to dump then keep on stacking till you save a lot because in the future, the price of bitcoins in the market will increase even more so you will surely earn a huge amount of profit.
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Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’ But then - Why is the use of Bitcoin increasing?
The reason why some of the governments are calling bitcoin as illegal is because, they are afraid for their people to get wealthy and no one will plan to work on the corporate world. That is one of the reason why banks are really afraid of the growth of cryptocurrency.
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Does Bitcoin Need The Social Media's Help To Promote Itself?Well, Bitcoin needs all the help that we can get. With its current situation, Bitcoin Foundation is just thinking out of the box to help Bitcoin recover and might even succeed. With the help of Social Media, bitcoin can attract new and young users. Learn about bitcoin and eventually adopt it. Maybe this is the first step of mass adoption. What do you think? cryptocurrency is going stronger without bitcoin promotion because there people who really know how the market works like the volatility and that is the reason why bitcoins is very good for long term investment.
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Every one has a story to tell so share your bitcoin story for us to learn from. Either good or bad.
I am currently working on bounty campaigns and i am trading in the market as well. I prefer to earn profit daily that's why i trade and the amount of payouts i am earning from bounty campaigns is also decent enough to cover my financial problems.
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
Chine does not really matter on the cryptocurrency world because there are a lot of investors in different countries but china will dealt a big impact in the market because some analyst said that %30 of the computer in the market is from china.
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What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
The price of bitcoins will obviously decrease because no one is interested anymore so the volume in the market will decrease, if no one will be able to purchase bitcoins then we can call cryptocurrency as dead because every altcoins price is based on bitcoins.
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It was a very nice news in that case because there is an issue before where banks in the philippines does not like any transactions from bitcoins and it was very obvious that cryptocurrency is a threat to their business because they are afraid that people would not place their money on banks.
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Bitcoin as a course or any related currency on web. In my country we have multiple courses in computer especially programing and web developments. My course is also information technology, but i've never heard or learn about online currency as bitcoin. In present, and future studies is there any chances for inserting about it in education. In your country is it available? It would be better for any country to adopt bitcoin in educating new generations. Instead of playing games and wasting money in surfing xxx sites.
If college will start to implement a course where students can learn about bitcoins then it was a great idea since they will know the value of money. I have colleagues who are having a hard time to earn money but since there are crytpcurrency that are existing then they can use bitcoins to cover their financial problems.
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Congratulations to who have patience The market began to rise and return The market is dip to 7k dollar last day but it still manage to go back to 8k dollar very quickly. In my opinion, it was really nice to invest today because the value of bitcoins is playing around 8k dollar so try to invest even just a few bucks and you can expect profit when the prices goes back to normal.
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Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
There is always the right time to sell or invest cryptocurrency and that's how you are going to earn your profit. The price of bitcoins today in the market is just $8k dollars so i think that there is a huge chance for you to earn profit if you are going to invest today since the stable price of bitcoins is $10k dollar last week.
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It was a very interesting chart, but what the most attracted me in the picture is the value of 1m dollar per coin. I think that bitcoin will grow up even further when the last wave of bitcoins end's and that is the time for the market to lose their volume of bitcoins and the value will keep on increasing.
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I see a lot of optimism about bitcoin, which is understandable seeing the price recently. But I have to admit I'm a little worried about the long term future of btc. The major problems if the currency still haven't been dealt with. I see 2 major ones:
-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make. -The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable. -And maybe others that I'm not aware of.
Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.
All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.
There is no need to worry about the prices of bitcoins in the future, there are a lot of people before that did not believe on the growth of bitcoins when it was very cheap and now they are all envy and some are regretting on not investing when it was just 13 dollar.
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Not specifically BTC but cryptocurrencies in general. You think it will become a course of study / college degree at some point?
It was a very nice idea if government will allow college students to implement a cryptocurrency major subjects for us to expect more projects of different coins in the future. Therefore we can live a cashless country since it was applicable for every if their government will just use cryptocurrency to improve their own country.
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I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
Bitcoins can be really used by those criminals and it was just the same as fiat, there are a lot of people who are using fiat to buy drugs or use it for different illegal transactions so government should not ban bitcoins because it is helping different people.
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Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
The value in the market of cryptocurrency today is already decreasing and it is now stable on 8k dollar. China dealt a huge impact last december when they ban all the ico's on their country but still bitcoins managed to surpass 10k dollars so i believe that there's no hindrance that can block bitcoin from increasing its price in the market.
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As we see that bitcoin price is down since last three months but still not reaching to its highest level. Is bitcoin loose its popularity ?
Bitcoins will never lose its popularity, there are a lot of people in the corporate world who already leave their current job in order to focus on trading because in this way, they can earn more profit more than their own salary monthly.
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I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries? Do the other government in other countries see something bad? Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
No its not, blockchains are made in order for mining rigs to work and do different transactions for the market and from those transactions they are being payed and that is the reason why bitcoins is not illegal and it is a good investment.
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
In my own opinion, you do not really need to think about cryptocurrency on what will happen on it after 100 years because you will die before 100 years passed by, just try to work hard each day in order to earn more btc.
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I believe that cryptocurrency can be hacked and those wallets and exchangers will be only reliable if most of the people are not having problem on trading, so traders and investors should always choose holder that has a very good level of security in order for them to secure their coins.
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I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.
Yes you are right about that, bitcoin transactions are made of blockchain and because of that algorithm, no one can really change the way how the program is being created since it was complicated as well and it is the reason why cryptocurrency is secured.
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