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This means good news for the bitcoin users and enthusiasts in the Philippines. The support they will exert on bitcoin wo
could certainly mean that there is a possibility that bitcoin could thrive in the said country. With this and the support the Central Bank of the Phillipines would give to the cryotocurrency world, bitcoin's success is just getting closer. And I think this is a big step towards the global use of cryptocurrencies.
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There are numerous reasons for bitcoin's increase. Some of these reasons are caused by the people who use bitcoins and are actively engaging on supporting its technology. While some are caused by the technology behind bitcoin's creation itself. For example, the increasing interest of people to bitcoin which will then result to buying of tokens would result to an increase in its value, while on tge other hand, bitcoin's high volatility rate, the reason bitciin is unstable, could also cause bitcoin to inv
crease in value drastically
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Bitcoin would continue to be as long as the amount of people that supports abd are actively engaging in the bitcoin industry continues to rise or at the very least, remain. Bitcoin needs all the help and support it can get and its existence in the market depends on us. As long as people believes and supports the technology, we can be sure that bitcoin would continue to serve us.
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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.
Yes it is. But don't be fooled. Fiat money or conventional currency is much more used by criminals than bitcoin and other cryptocurrencies. Media just wants to rid of bitciin because it wouldn't benefit those greedy capitalists that's why they are doing whatever they can to make a bad public image for bitcoin. Although bitcoin is used by criminals because of its anonymity feature. |
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I prefer long term investing more than short time. Not only does it prove more profitable than short term but it also helps bitcoin grow. Bitcoin as of now needs long-term investors with good characteristics. I mean those kinds of people thag does not easily get scared at the sight of a price drop. Anyway, both ways are profitable in their own ways. I just seem to like long-term investment more than short time.
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It is decentralized in the first place and we know that tax is can be generate by the government or institution. I don't think that bitcoin can be taxed by these government because they cannot control it. I think that is why are doubtful about this cryptocurrency because if they cannot control it the result will be unpredictable too, i guess they are taking taxes on the wallets we are using there are some part on fees that government will receive.
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I understand the matter. you wanted to fully invest in bitcoins. however, it is not wise to do so because of course. It's your house! Why would you sell it to invest in something uncertain. Besides, I'm pretty sure you're just trolling us. But if you really are planning to, It's best to think through and through regarding this matter.
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The probability of this is very low to a uncertain to happen kind ot thing, because bitcoin is the very first crypto ever created into the dates back to 2009 and it's impossible to overrun bitcoin if you are the second crypto created and there's just so much people investing to bitcoin so it's very impossible.
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Bitcoin is by far the safest and legitimate way of investing your money into, and compare to other crypto bitcoin is the lead and the very successful of them all, so yeah investing your money to bitcoin will never be a "regret".
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Many things impresses me about bitcoin, some of these are its Decentralized nature and the Flexibility of bitcoin. Moreover, what entices me about bitcoin is because it is easy to access and very secure. And of course, its high purchasing power!
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It will help in a lot of ways in the economy of a country because with bitcoin and any other cryptocurrencies an individual can have a job, if bitcoin is accepted in a country this will give taxes and lowers the unemployment rate of a country.
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Yes, bitcoins volatility can really go from 0-100 and 100-0 that is how high is it. Due to demand of many people to buy bitcoin, its price is figuratively to the moon but if its price drops and they panic sell the demand is lower than the supply which leads to decrease.Its the people that can almost manipulate the price not the whales though they can contribute to its fluctuation.
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Is the data pretty accurate ? if then the remaining would be lucky to have their bitcoins and else it would not fail. Even they do have access on it are they going to give a damn on cryptocurrency which they dont know ?
the remaining 40% is big ratio for over 7 billion people in the world, approximately 3 billion do not have bitcoins of don't know bitcoin and yet bitcoin is still growing and developing.
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You said its a biggest CRASH of bitcoin because it lose for about 40-50% but i think i already occured couple of years ago, if you put mathematics on this and apply the ratio and proportional law, biggest crash already happened when it drop for about 70% on its value and i think the word crash would not be applicable for bitcoin because it always recover its value and has a potential to surpass.
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I think this would not affect the international community as it is only on france with approximately 2% to 8% of the current circulation. High profiled investors won't give a damn on this and will invests more because of deflation. Feels sorry for the french traders and investors for having this event on their country but don't lose hope as government will just add regulations on it and everything will be fair and alright.
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It depends on you , if you want assurance for your money and a guaranteed future of yours then you must save your money for your own good but if you want to profit somehow then invest it, but investing is a risky one. If you want to invest go ride with high demand coins such as ethereum and btc, as of now thay are rising and will probably grow on the next few months.
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Many people now are in panic due to downtrends of the market and afraid to lose their money but isn't wrong ? red indicates a decrease yet we withdraw our money and tend to more decreasw in value of a coin. I think if it will continue to happen, the banning of exchanges in world , fees are going to be more higher as demand of people to exchanges will increase and they are going to abuse it.
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Yes definitely its like roller coaster because its price has a sudden decrease and increase. Price swings so unpredictably, it could take 1 hour to drop it from $17000 to $16000. Drop is more often now than the increase than last year's performance of bitcoin but its a natural on cryptomarket, who knows one day morning when we wake up its price will be $25000, just dreaming.
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Who said gold has been defeated by bitcoin ? how did you get that outcome ? is there specific conversion of bitcoin?
Bitcoin and Gold is an asset on different state or category. Bitcoin is limited so its price is big unlike gold it is estimatedly 160,000 metric tons and not yet of computations how much left beneath the surface.
I think you compare the bitcoin's price you have and the gold you have.
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It is the most popular one because it has the highest value coin , the all time high coin since then. It is safe than ohter coins , secured and easy to use and it is abundant, Given the fact of its high price investors have been easily attracted to it because of the possible profit.
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