So many people are interested in amassing wealth without giving a dime to the less privilege around them, yet they will still be among the first to criticize the government in its failure to eradicate hunger and poverty in the country. You should also know that the duty of eradicating poverty must not be left to the government alone. You must also contribute your quota.
If you have worked to be wealthy or lucky to be one, you should see it as a social responsibility to help the less privileged people in the society. If I may ask, do you feel comfortable driving past several beggars on the street when you have billions of money in your account that you or your entire family may not be able to exhaust in the next 100 years?
Think about this seriously. With the so much money in the world, poverty can greatly be reduced if not totally eradicated.
All that is necessary is the distribution of this wealth.
There is enough to go round.
Note:
You must not necessarily give physical cash or money directly in order to help the poor or the less privileged. You can set up an empowerment scheme where they could be empowered or work to earn a living for themselves. It is like teaching them how to fish instead of offering them the fish directly to eat. I guess it is best that way.
Yeah, I get your point and I do agree on it. the distribution of wealth seems to be unfair in this world. Rich people become richer and poor people become poorer. I am not blaming rich people if they become richer because they do everything they can to be in their position right now but there are some people who are doing illegal things just to be rich which I think is really unfair. On the other hand, poor people cannot rise from where they are standing because of lack of knowledge and courage to do so. Some reasons why is because they lack financially and they lack of self esteem which I think will be fulfilled if some people help and encourage them to overcome this. Financial support and acceptance, I think are some of the keys to lessen poverty. |
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Many people express different types of bitcoin. Someone says Bitcoin is not a currency. Again someone says that Bitcoin is only a bubble, it will never be universally recognized. Some countries have banned Bitcoins so that illegal activities will not be increased in the country. Because some of time bitcoin use for terror works.Some people say that investment in bitcoin is not profitable. There are some other such complaints about Bitcoin. But the funny thing is that even though there are so many complaints, Bitcoin has become popular all day around the world. I think we need to change our mind about bitcoin's.  Really, people's complaints about Bitcoin are correct? Yes most people complain about everything. They always find way to criticize something and one of them is bitcoin. People don't usually appreciate good things about bitcoin, I don't know if they don't know anything about bitcoin or they just criticize it for whatever reason they have, but still no matter what they say about it, there are always people who will appreciate and love everything about bitcoin. Although the market is in red blood again and it seems that it will took a while for bitcoin to rise again, it does not mean that it will stay that way forever. Surely it will recover and rise up again and I can see that some people will believe and surely love bitcoin again when that day comes. These criticism will vanish once bitcoin pumps up again and after bitcoin falls down again, many more criticisms are yet to come. That's life. |
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I have seen quite a number of topics here where people have been selling or asking for advice whether to sell their properties to invest them in bitcoin. Am surprised some people forget that crypto investment is not always a win affairs. You either lose or win. You can as well make profit in crypto with small capital if only you have the patience to hold and wait for the time when the market is booming. Do not be a greedy investor. Always invest with an amount you can afford to lose. Have a nice day.
Big amount of investments and capital is not the key in order to earn big amount of profits in crypto. The key is how you handle your money as well as your emotions in investing, trading or whatever you do just to make profit. People tend to invest such big amount of money because they believe that they will always make good earnings in cryptos, but what they don't know is that it takes a lot of courage to do it because crypto is very risky. Someone can lose big amount of money anytime because of market's volatility. Learn to be wise and have more patience, those are one of the keys to be successful in cryptoworld. |
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We can call bitcoin anything we want to call it. We can say that bitcoin is an investment, as a currency, or anything we want, depending on how we use bitcoin. Right now, I can say that bitcoin is indeed an investment. Many people are buying bitcoin at the very low price because they see its potential that it can grow anytime from now. They think that it will give them big profit in the future.Most people take risk just to buy bitcoin and wait for it grow in the future.
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When the market falls, don't let any other emotions like panicking and having negative thought control your decision making. Make sure to stay calm, with these emotion, you'll be able to think straight on what decisions and strategy you'll do in order to keep your investment and still make profit even if the market falls. Patience is one of the most important keys to survive and earn profit, some also uses greediness to make more money, if you have this two, you'll surely get what you wanted.
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Fiat will never be replaced by cryptos, it can be used as an alternative way of payment and in other transactions but fiat currencies will always be used no matter how many countries and people accept cryptos. First of all, fiat currencies are used in different countries where governments can track and trace its distribution, while cryptocurrencies on the other hand, is decentralized and csn't be controlled by government. They can't put tax to those people who have cryptos in their wallet. Government will never allow cryptos to take over the world, not unless they can have total access to these cryptos.
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I think day traders are still celebrating and having fun doing trading even if the market is in red. If they really are that good in trading, the dump doesn't affect the way they trade and how they earn in and make profit doing day trading. Traders always find ways in order to make profit.
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I think the reason why some people are doing panic selling whenever they see dump in the market is because they do not really believe in this technology and that they are only here because they think bitcoin is just another rich quick scheme which is not true. The real thing about bitcoin is that, those people who has lot of patience to wait for the right time to come before they sell their bitcoins. These people are the ones who become successful in this field.
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I can say no, I am a bounty hunter and I want the price of my token to be sold at a higher price than the ICO price or at least the same price of it. I do not like dumping my tokens because I know it will somehow affect the price of the token. Investors who invest in that ICO will instead of gain profit will probably lose more than they invested if ever the price drop from the ICO price and we, bounty hunters should not let that happen. We should contribute to the success of our campaign and that is to hold our tokens until the price rise and sell it at the right time to come.
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Yes knowledge is the foundation in everything. If we want to involve ourselves into something, we should know something or everything about it. We should know the basic information and anything that is related to cryptos, in this way we'll be able to know the things we should do and must not do in order to be successful in this field.
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I really love cryptos, it gives me opportunity to earn money on my own. Earnings in bounty campaigns depends on what type of campaign you join and the things you do on that campaign. If ever the bounty campaign I join happens to be a scam, there's nothing else I can do but to move on and forget about it, look for another bounty campaign to join and hope that it is not the same scam campaign I've joined before.
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Yes it is true, lot of new comers are focusing in doing bounty campaigns and I don't blame them, there are people who are afraid to invest money from their own pocket. What they tend to do is to do bounty campaigns and use these earnings in order to enter investing, but, taking the dips as an opportunity to enter investing is the right thing to do. We can't tell when we'll we consider the current price as the lowest price bitcoin will ever have in more coming years to come, we should take this opportunity to get bitcoin as many as possible we can.
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I think it will take time for smartphones to be used in order to mine bitcoin. Yes, smartphones can work almost the same as laptops and computers, however, the energy used by computers are way too different from smartphones. Smartphones need to have powerful processor and longer battery life in order to mine bitcoin which I think is not that easy to achieve. But maybe someday it can, there is nothing impossible with the help of technologies nowadays.
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Of course I will still Hold my bitcoins. In times like this, if we don't want to lose money, we don't have any other choice but to hold and wait for the market to recover and rise up again. I'm sure we don't want to regret selling our bitcoins when this time come, so just be patient and wait, that is the best thing to do.
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Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
There are some countries using and adopting cryptos however, I think it is not enough to say that the world is totally ready for cryptos and the change that might happen in doing this. There are many more things that should be done in order for the world to be totally ready for this cryptos. Other counties should also accept and adapt cryptos, as an asset or as a currency in their own country as well as in their country. Also, internet connection is a must in order to access the wallets and anything about cryptos. |
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From past years of bitcoin existence, it already gained popularity because of blockchain technology that enables anyone to see transactions without depending to any central authorities, but it really gained more attention and popularity from last year's price where it reached almost $20k. From then, more investors tried to enter the world of cryptos.
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Really unfortunate for him to lose such huge amount of bitcoin. Maybe it is not that big amount of money back then, but now?  Hopefully he already moved on from this (we may considered) as tragedy. |
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Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.
In this situation how can we explain that what is real bitcoin?
I,ll make sure to these people that bitcoin is not totally use to do illegal activities but are just used by some bad guys out there to do illegal activities. I'll make it clear to them that bitcoin has its pros and cons and if they only know about the cons bitcoin has, i'll also introduce the pros of it. |
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I agree, in this field where volatility happens every time, we must learn to be patient and be emotionally stable. We should stop panicking everytime we see dips. And another thing, always have positive mind, it will be our key to have positive results in life.
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I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :
Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare
I think this can be possible, what you think so comment below...
I disagree that bitcoin is useless. Many people use bitcoin as a storage of money, some uses it as a currency and also for other transactions. As an answer to your question, I think it is possible that an altcoin can lead the market someday, however, it will only be possible if bitcoin crashes and lose its popularity which is I think will took to long to happen. Bitcoin is just getting started to attract investors, from last year's price until now that many advertisements and news contains information about bicoin and other cryptocurrencies. Also bitcoin is the pioneer of all cryptos and most investors trust bitcoin more than any other cryptos. |
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