... If our country prohibits the use of Bitcoin, it is difficult to promote Bitcoin. Sorry to hear, it is a problem if you have a legal restrictions on bitcoin in your country. As a popular and decentralized project bitcoin will find a way to get people in your country anyway, even if slower. But you should take care of yourself and not to break the law; bitcoin will stand if it's community is prosperous, and each bitcoiner is important. |
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Helps an individual who won from trading or investing but with the economy I doubt Bitcoin is not even widely accepted by consumers. Also, this is somehow blurry. This crypto industry generates profit for the investors due to its market price volatility. But since that is volatility we were talking about, imagine how big the loss could be if your assets are store into it. The idea is already there but if this would be a decision from government leader, that would be one sided. Because there is a higher tendency for them ( as evident with the present( to restrict its usage if taxation will be off with their hands despite of years or decade of progress.
As we see there's no general decision for bitcoin ban in all the countries or even in a majority of. Most developed countries prefer to find a way to interact with a new financial tool to get as many benefits as possible. Bitcoin's blockchain is transparent what makes it easy to trace money for any big enough organization like a government of a big country or union of several ones. So no problems with taxes, why should they be? The main difference is in decentralization and deflation both. |
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But I doubt that they will become the richest country in the world with only bitcoin, we need to be realistic, bitcoin will give them a big fortune to be able to solve domestic problems as well as develop the country. Bitcoin cannot make them the richest country in the world, the amount of bitcoin they hold is still too little to be the richest.
Oh we can see that they are trying to develop in different directions. Tourism attracted by bitcoin, they try to improve it. Volcano mining is not just bitcoin mining, it is about generating green cheap power for which huge initial investments needed — if bitcoin will help with that it is wonderful. And each one project like that can have a significant impact on economy of such a small country like El Salvador. Hope they'll succeed. |
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what do you think about bitcoin have you ever been helped economically by bitcoin.?
Investing in bitcoin is not the main purpose of bitcoin and when we talk about economy we should understand that nowadays's economy model is based on an inflation and bitcoin is a deflationary asset. So integrating bitcoin into economy makes changing economy basing on a new status quo. It is not an easy process and we'll see how many things will change in the future and impact of investing in bitcoin will be not the biggest in entire economy. |
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This ,Bitcoin without the internet seems to be a lie. But I don't know if the data is Valid? Hopefully, they will follow suit soon by adding infrastructure to support this Adoption. Then if the Central African Republic then one of El Salvador's missions is a success.
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Well, I'd say that World Bank data, but it is your right not to trust them. Anyway you are right: main question is about infrastructure. Let's compare: when El Salvador adopted bitcoin they released Chivo Wallet for easy using of bitcoin (I wouldn't use this wallet and prefer some independent one (what is also possible in El Salvador), but it shows that the gov of a country thought about how people could use bitcoin, what is important) and the installed also multiple ATM which can interact with Chivo Wallet. So everyone could use bitcoin from the very beginning. And as a expected result we see that people started using bitcoin (not all, not fast, but started). And what about CAR? Are here any users from there to confirm that they have Internet and have an opportunity of using bitcoin? I guess, except top leadership of the country, mostly no one have such an opportunity there and we hear no news from there saying something opposite. Well, if I'm mistaken, it will be good. I would be happy for citizens of CAR if they really can use bitcoin. |
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If you have many customers at your store then I guess it's a good try to accept and promote Bitcoin.
Even if not many it adds another spot of a bitcoin friendly business on the world map. So it help adoption and while it is still early stages make a store more attractive to cryptans so can be an additional reason to buy in here not somewhere else. While I'm posting my opinion, something came out of my mind regarding this one. What if you try and make a quick survey with regards to Bitcoin first to know which of your customers have knowledge about Bitcoin? I mean if they will buy, give a survey paper for them that will answer some simple questions that is related to Bitcoin.
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As for me, I don't like when I'm asked about something not concerning my purchase. Some can suppose it obsessive if you try to promote some additional things in the store. IMO it is better just to provide an opportunity not urging to use it if a customer doesn't ask. |
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Many people hold because so far holding has been proven to be able to provide greater returns and even holding can reduce the risk of volatility in market price movements, but this is not recommended for us to apply to all cryptocurrencies, only bitcoin is the only coin we believe can survive in a anything and even in the future it is possible that bitcoin will also have a higher value because if we see its adoption continues to increase every year, then I'm not surprised that so far many investors have continued to hold their bitcoins.
Yeap, if you have enough fiat money for current expenses and want to have savings for the future why ho spend a deflationary asset? If you are not good in trading it is better to buy some more bitcoin at the bear market and then hold until you'll need it someday in the future. It's not an irreproachable way of investing and not suitable for everyone but good enough for those who have some free money and want to hold some crypto. |
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Вообще инетересная ситуация. У нас тут практически равенство среди тех, кто ожидает дальнейший свободный полёт уже чуть ли не до 30 и тех, кто предрекает, что после роста мы пойдём обновлять лои. Хоть голосовалку устраивай.
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А потому что тренд сломлен только что, и поэтому сейчас момент наибольшей неопределённости. Но на самом деле выбор возможных вариантов всё тот же: вниз, вверх, вбок, — и на каждый из этих вариантов есть свои заинтересованные стороны. И этот прыжок вверх был довольно неожиданным, а потому, по широко распространённому мнению, для крипты наиболее характерным. Так что я бы сейчас поостерёгся делать какие-то строгие предсказания на ближайшее время. Например, моё прошлое ожидание об ещё хотя бы одном прыжке вниз не оправдалось (я тут мог бы сказать, что оно может оправдаться ещё, если после этого прыжка вверх будет отскок вниз глубже предыдущего уровня, но на самом деле это не так, и для моих ожиданий этот скачок был совсем не тем, что укладывалось в краткосрочные ожидания). Думаю, вероятность на ближайшее время любого из трёх вариантов развития более-менее равновеликая.  |
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So my question is:
~ Do people hodl just because others are HODLing?
Some do so, some not. Human beings are not identical, we have our personal behaviors. May be we can find a way to classify types of behavior, but there would be multiple types. ~ Why so people hold rather than sell and buy again when low
Not everyone is a good trader so one reason is not to lose everything being a bad trader. Another reason is FOMO which prevents from reasonable way of operating assets. And may be other reasons also... ~ What is your major reason for HODLing and how do your survive the bear market?
Bitcoin is just money. If I need some at the moment and will not have enough fiat or will suppose that it is ATH time I will spend crypto, no problems with that. But as bitcoin is deflationary asset I'll hardly start spending it first if I have some fiat and it is a bear market. |
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It’s about time bitcoin is included in academia, I expected it would start from high school since the concept of bitcoin is very simple. Colleges can do better than just teaching bitcoin, it seems like a very short course imo unless they plan on covering the entire ecosystem. I just hope the professors can refrain from being their usual boring self and pass the information to the students in an interesting way .
IMO no need of entire course of Bitcoin for school, it will be good to add information about it in a course of economy and may be, if there is some such separate course, in course where digital security is. There's not so much to learn what mostly everyone should know about bitcoin. But anyway learning about new decentralized alternative in economy will be definitely useful for pupils. |
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Central African Republic has also follow up with adoption of bitcoin as a legal tender after El-Savador
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Unlike El Salvador we don't hear positive news from Central African Republic about bitcoin adoption. And it has its reasons: basing on World Bank data only 14% of CAR citizens probably have access to electricity and not more than 10% have access to Internet. I have mostly positive expectations with adoption of bitcoin in El Salvador (I see some problems as well, but I'm optimistic in general). But as for CAR... I don't see any reasons nowadays which will lead that innovation in that country to success. Well, it's good when people can have a bitcoin alternative, but as for CAR I don't think people do really get such as alternative as majority of them don't even have any device to get access to Internet. |
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I think that the best way of promoting Bitcoin is by investing in Bitcoin and the ocean shall the awareness of bitcoin to other people because I couldn't remember how it got viral through the process of letting people surrounding you or around you to know the importance of Bitcoin
Investing in bitcoin is definitely not the best way of promoting it nowadays: may be earlier, when in was just developed... but now it has it's own value already and main idea is to spread in wider. To be more successful bitcoin needs more people having and using it and more places you can operate it directly. Even one more small additional store is good in that way. One store in one place, one in another and bitcoins spreads wider in general, what is good. |
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7. Squid Game, 3+ миллионов USD
Воспользовавшись популярностью одноименного сериала, мошенники запустили якобы игру на базе криптотокена. Проект быстро рос в цене, однако участники быстро обнаружили проблемы с продажей своих токенов, и в очень короткие сроки токен обесценился. Команда, разумеется, также моментально исчезла.
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Пока что история не закончилась, и окончательные выводы делать рано, но намётки опровержения распространённого тезиса о том, что в крипте преступления остаются безнаказанными, всё-таки есть. Т.е. пока что создатель мошеннической схемы Squid Game не пойман, но в перспективе всё возможно: Пара журналистов и расследователей решила заняться этой темой, и они обнаружили, что мошенник успел оставить немало цифровых следов в соцсетях, которыми он пользовался для продвижения проекта, а также при регистрации доменного имени и при заказе хостинга. Пойдя по цепочке следов, расследователи связали этого мошенника также с другими, более ранними мошенничествами, а также вышли на офис в Гонконге, куда ещё за полгода до них наведывалась полиция в связи с расследованием дела о мошенничестве. Да, пока идёт расследование, и непонятно, что уже известно полиции, но, как минимум, мошенник не остался незамеченным, следы его преступления найдены, и есть все основания ожидать, что правоохранительные органы до него рано или поздно доберутся. Т.е. фактически это очередной пример того, что криптомошенников можно искать так же, как и всяких других мошенников, и не просто можно, а их полиция и ищет, и потом также и находит, и потом их и судят, и отправляют в заключение. Возможно, когда-нибудь кто-нибудь соберёт статистику по раскрываемости дел о финансовом мошенничестве в целом, и дел о финансовом мошенничестве в крипте, ‒ подозреваю, что окажется, что криптомошенничества в итоге раскрываются не хуже других. |
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Интересно насколько вообще можно доверится кому то, кто позвонил с неизвестного номера и предлагает инвестировать деньги на неизвестной платформе в крипту, и при этом поверить, что эти инвестиции безрисковые?
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Похоже, что телефонное мошенничество всё-таки работает. Европол с Евроюстом ещё один пул мошеннических колл-центров накрыли. Правда, похоже, в этот раз злоумышленники насобирали поменьше, но пока общая сумма не называется, пока говорят только об ущербе в Германии на свыше 2кк евро, а пострадавшие есть и в других странах, включая и государства за пределами ЕС. В общем, тут стоит помнить, что особенно родственникам и знакомым старшего возраста нелишне иногда напоминать о базовых аспектах цифровой безопасности и о том, что ничего не надо рассказывать о себе при любых входящих звонках, а тем более не стоит никаких финансовых данных, паролей и пинов никому по телефону отправлять. Ну, и детей, понятное дело, стоит учить цифровой безопасности и гигиене, начиная с самых ранних лет, потому что никогда не догадаешься, где они уже чего нахватались во дворе. |
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Like who the hell actually thought that was a good idea? Cmon I'm not the only one who would do this.
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That's why it is so important to spread the word about bitcoin, about that operations in its blockchain are irreversible, about what trustless system means, about how all is working in there. I'm sure I still understand just a part of all that, but even my small knowledge makes me recheck several times payment address each time I send any crypto and even then I worry until I see the transaction in blockchain in correct address. Yeap, I'm paranoid a bit. |
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But if you're allow free access to Bitcoin then you can give it a trial with extreme caution in order not to discourage your customers.
When you see a new label with a new payment method on a cashier's like Apple Pay or Samsung Pay are you really discouraged with that? Most people just ignore what is not interesting to them. I hardly can imagine that starting accepting bitcoin as a new payment option will negatively impact on customers: who will be curious ‒ can learn more about bitcoin, others will just overlook the label not interesting to them in person. |
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What young people are taught "forcibly" in educational institutions, as a rule, is not interesting to them and only repels them from studying these topics. Most of them. I am not in favor of thinking that there is a very great need for the study of bitcoin in colleges. For example, I consider cryptography in specialized educational institutions a necessity, but specifically bitcoin - this is not necessary. For the most part, if desired, any young person and not only can get this information on this forum. This is unlikely to affect mass adoption in any way, because it will require the introduction of disciplines related to bitcoin in all schools of the world. Then it will have the desired effect, but as I assume, not a single ministry of education will take this step. Because these ministries are controlled by the states, and those are against btc. Therefore, they have nothing to inform the younger generations about BTC.
Nevertheless it is how humanity shares its knowledge with new generations, through education. It will hardly come in someones mind that better not to teach a surgeon and someone can become one by self educating. Bitcoin based economy will be different than fiat based so understanding that difference is one of important things for future economists why they should learn about bitcoin in universities. Possible problems with new computing should be solved in bitcoin core in advance so some future programmers should learn about bitcoin to be ready to solve the problems we can't even name nowadays. And there are much more things for which education of bitcoin in universities is a really good idea. |
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Any sign like BTC accepted here makes entire situation with bitcoin adoption better: people see that more and more places are bitcoin friendly. Of course it motivates them to know about bitcoin more. And one day the amount of places accepting bitcoin will be as big as popular fiat systems like Visa or Mastercard have.
We all remember how big impact has first deal of buying pizza for bitcoins. Each time it can be a small step, but if this step is in a right direction it is better to make it than not IMO.
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Сегодня тот самый небольшой рост, который многие пророчили. Но, как показывает практика, в таких точках нужно быть максимально осторожным. Поскольку через некоторое время, когда инвестиции в биткойн на локальном таймфрейме начнут идти в горку, курс могут уронить и тогда те, кто заходил уже практически по 21к, если поддадутся ажиотажу (может быть по неопытности), то зафиксируют убыток.
Для краткосрочных операций, конечно, стоит быть осторожным, а вот для долгих инвестиций быть слишком осторожным тоже представляет собой риск: поймать самое дно все не смогут ни при каких обстоятельствах, потому что отскок от дна будет в любой момент, как только эти все захотят на дне купить. Соответственно, если цена уже хорошая, не всегда стоит ждать, не будет ли она ещё ниже, потому что можно упустить свою хорошую цену из-за разновидности ФОМО, когда опасаешься купить не по самой выгодной цене. Максимально осторожным надо быть всегда, и всегда анализировать все возможности (в том числе возможное гораздо более глубокое дно или быстрый рост к ATH), но и сильно переживать, если был не оптимален, ИМХО тоже не стоит. |
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Bitcoin itself is the only cryptocurrency whose price is not centralized by anything and anyone, so it's impossible for someone to set the price of Bitcoin.
Control can be of different kind: setting an exact price is a direct control but it gives not so much if you are trying to earn on that. Making others to support the trend you need is much better but you still need to be an owner of too big part of a market. Seeing the global trends and manipulating with them making others to slow down or speed up those trends in a market much bigger then your own assets can bring you much more and still be a kind of control. And those ones who can do that and understand how to do that are real whales unlike you and me. |
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