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I have a different opinion. Hoarding is bad for bitcoin. The money should work. When bitcoins are in the wallets of users, they create a gap in the market and it stimulates the growth of prices. This has nothing to do with the real price. We must face the fact that the bitcoin price will fall to a reasonable level. It will be a shock to everyone who keeps the coins.
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I do not believe that China will succeed. China are one of the largest importers of oil. As an importer can dictate the terms? They can only offer. What will they do if exporters do not want to trade in yuan? In China, a lot of the population and they will not long survive at the expense of its reserves. China is a big country but they are not so strong to impose their conditions.
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Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Bitcoin has nothing to do with that. It is the people who invested early who should be credited if they are now benefiting greatly from their investment. They made that right move to hold and/or trade which is why they are earning, not Bitcoin. It seems to me that people have a strong sense of greed. They envy those who became rich. They don't think about the fact that people could not sleep at night, risked their money and very often lose money. People see the end result. That's why many have this attitude to those who got rich at the expense of bitcoin. |
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I don't believe anyone. Bitcoin has proven that he does not recognize any authority. He constantly denies any predictions. I don't understand why people believe what people say which are some of the key players in the artificial market of Fiat. No currency in the world is not obeying the laws of Economics. In such circumstances, there can be only those who are part of this system.
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There is no such thing too late to invest. There is always a possibility. The most important thing to be able to do it and know what is profitable to invest at the moment. If you choose between Ethereum and bitcoin I would chose bitcoin. If you invest in both of them you reduce the risk, but it is very inter-connected coins. When bitcoin rises in price at this point cheaper Ethereum. In fact, you niveliruya your income.
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I do not believe any reports that indicate that the government of any country of the world want to legalize bitcoin. It's all just trying to lull. After legalization they will collect all the data about users and then will be able to ban bitcoins. Governments in all countries only think about their interests. They are only a tool to achieve their goals.
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this is awesome bitcoin price right now is over $6100 and still counting this is great for all long term holder like me. I'm seeing $7000 before this year end just hold your coins and you can get a good return.
To keep the coins this is only a hypothetical income. In order to get it you need to sell all your coins. As a rule people do not. They hold on their coins and in the end have everything to lose. No one knows what will happen in the future. Maybe bitcoin will fall to 1,000 dollars or even less. |
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What will change? China probably wants to attract investment in the country. If the exchange will change bitcoin to yuan that this only removes money from the economy. Now the Chinese will be forced to change cryptocurrency on the dollar and then China has to change the dollar to the yuan. The Chinese are smart people and are trying to derive maximum benefit from what other governments are losing.
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I can't with 100% certainty to say that bitcoin isn't a bubble. He really has the signs of a bubble, but it seems to me that the dollar is more likely to burst than bitcoin. Look closely on the dollar. He has all the signs of a bubble. Just Warren Buffett used to work with corrupt politicians and the world's Fiat it is easier to navigate.
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It is good to know theory behind the number of workers and generated revenues. Thats true and that is why we can explain why bitcoin price rises high whenever there is investor who makes big moves. The calculation is simple with each investment there is rise in the market capitalism and hence there is rise in the returns that bitcoin can afford to give us.
So with the increasing popularity of the bitcoin many more investors are coming into action and thus they are helping as "worker"to increase the "revenue"generated with the bitcoin. Seems fair. If thats acceptable then you should be holding your coins after reaching 10K also because we have that much market cap backed up with those investors.
Bitcoin is a digital currency system and its vaule are increased day by day .today rate of bitcoin is $5765 and invester get more profit due this so the bitcoin in future rule the world because it is a digital currency due to that all online transaction is very easy and simple and worth of bitcoin is high. Bitcoin will never be a currency if people will keep it in their wallets. Any currency must have a turnover in the trade. How you can buy goods with bitcoins? All forced to change bitcoin to Fiat and then to shop. This suggests that bitcoin is now nothing more than a means of payment. The steady accumulation of coins makes bitcoin a bubble and we can become victims of human greed. |
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Definitely,the genie bitcoin is out of the bottle and it has started to show its potential.People who wanted to put it once again inside the bottle like china don't understand that it could not be done and instead,they should rethink how to effectively make use of it just as japan did.Most of critics are not optimistic and they just see a bottle filled half with sand as a half empty bottle.They fail to see the advantages that bitcoin has provided to the community like blockchain technology,very fast transactions,etc.
I hope that atleast other countries as well as big economists should here after follow the way of japan concerning bitcoin.
I think the good about Japan is that there country doesnt have any anomaly in terms of there citizen. Most of the citizen are patriotic and having some terrorist in there on country is not the most issue for them so they could easily accept bitcoin in their regulation. Japanese is one of the world leader in technology and that is because of their unity.It would be good if Japan could help bitcoin rise from those negative comments. You are mistaken. For example, Japan has the Yakuza. What prevents the Japanese government to say that bitcoin is used by the Yakuza for illegal activities. The government can always find a reason to ban bitcoin if you wish. Japan is limited by its size and resources, so they are forced to use the latest technology. This is the main reason that they are not fighting bitcoin, but even they haven't fully legalized bitcoin. |
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If you wish, you can find all the information about it on the Internet. With regard to the effects that nobody knows. I think this will have big consequences. I don't know if this is good or bad will end but the fact that bitcoin long-needed modernization that's for sure. It is a pity that the miners have not found a consensus with the developers. We are now in the hands of fate.
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I think if the use of bitcoin can be done for various financial transactions either for payment transactions or business transactions certainly can be categorized in bitcoin is legal although functionally but not legally of course, because as far as I know no country declares the legalization of bitcoin as the eye official money in the country.
In your post you describe the ideal conditions for the development of bitcoin. Now we do not see. Bitcoin supports Fiat. This is reflected in the fact that for the transactions, we will have to exchange bitcoin for Fiat. This makes it easier for the state to exercise control over the circulation of bitcoin. States will never accept the bitcoin currency. |
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Some take this as a stock. Dont want o be little off but many try to invest like they do in stock exchange. So many consider bitcoin as some sort of stock cuz it has his ups and down, and many with this see opportunity to get some additional income or made profit depend how the person who invest look at this.
Many thing are consider a stock but, bitcoin is not. Simple answer is that many companies that have stock are paying dividends bitcoin do not.
This is main difference in this point of view.
It seems to me that the main difference of bitcoin from the shares of enterprises lies in the fact that bitcoin does not stimulate the production. The only exception is enterprises that produce equipment for mining coins. Dividends are paid only on income of enterprises. Why can pay dividends bitcoin? |
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It seems to me that the best option for beginners is Ethereum. This is probably the most reliable at the moment, the coin of all altcoins. She will not bring such income as new coins but the risk that you will lose your money minimum. In any case, the coins is not so easy as it seems at first glance. Be prepared for the fact that you always run the risk of losing their investment. On the market of cryptocurrencies there are always two sides. One loses money another makes these coins. Where will you largely depends on the case.
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In order to use bitcoins you do not need to understand the technical aspects. But I think curiosity would win. You will learn to be confident in the rightness of their choice. Now if you have a small amount of coins you can store them in the wallet and watch as they grow in price. Can at any time to exchange their coins for Fiat and spend on your goals. The choice is yours.
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Now nobody knows bitcoin is a bubble or not. But even so I can't abandon the use of bitcoin. It really brings me income. I will never lose money. Now I receive income only from investments made using bitcoin. If we all listened to the advice of those who created the unjust Fiat system we would have remained poor. Like Buffett lose their power over the world's finances so nervous and trying to dissuade us from using bitcoin.
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No one can tell what the price of bitcoin will be next year. I was very wary of fork segwit2x. This can significantly reduce the price of bitcoin. We will get two coins one of which will be more suited for trade and cheap transactions. This is a serious competitor. It is possible that the high price of bitcoin this month is a harbinger of the fact that after this fork the price will fall.
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I don't understand here that all the Chinese? What do you care what laws are made China? If China is a participant in the cryptocurrency market it does not change the situation. The Chinese are interested in this business will find a way to circumvent the ban. The community will get rid of the monopoly of China. I don't see any cause for concern.
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This is normal. The computer always lives his life and if such cases occur you once a day is normal. It just so happened that one day this happens twice, but then a month is no problem at all. The only thing to check is your RAM not less than 4 GB and virtual memory is not below 16 GB. The same can happen if you do not have enough power supply. But again 1 time a day is normal.
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