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Another question related to banks and crypto.
Rememer that no cryptocurrency, including Bitcoin, don't have the power to replace banks, they will continue to exist.
And when you look at numbers how small percentage of overall number of people everywhere in the world uses Bitcoin and cryptocurrencies you will realize that eliminating banks is mission impossibe.
It's much more likely that in certain stage banks will accept Bitcoin.
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Another Bitcoin "expert" has spoken.
To be honest everyone can stand behind the company's name he's working and say anything he wants. But the question is how relevant that is.
In crypto world anything is possible, I don't say, but still too much attention is given to such news from so called experts.
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TOR and web wallets could be a dangerous combination. Web wallets have lower safety features that some other types and loging in from TOR could make some additional issues.
It's kind of strange that they support TOR users but having in mind numerous safety issues I would avoid blockchain.info.
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I still claim that the influence of China on Bitcoin is exaggerated and users themselves are to blame for that. They give too much importance to the news from China and then react on that news creating mess on the market.
Still, five years ago the influence wouldn't be so big as now exactly because Bitcoin wasn't so developed and popular then.
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Vulnerabilities will always exist, you can't escape them but you can mitigate the risk. Like not to keep your coins on exchanges.
Hackers are persistant, they are looking for money and will do anything they can to get it. You can't make exchangers more safe, that is their duty, but you can protect yourself. Exchanges are not wall, don't forget that.
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Some predictions tell that soon there will be no full time jobs anymore. At least not in form we know now. Most people will do two or more different jobs, part time, great deal from home and connected to Internet and other modern technologies. And that is not some distant future.
People have to learn to be more flexible, adjust to the moment and be ready to change jobs more often.
I think jobs connected with cryptocurrencies fit into that picture.
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I suggest to study some history of Bitcoin and how the situation was developing in the past. It's also usefull to listen some advice from experienced users.
Trust is something that comes with experience and knowledge about the currency you are trading with. If you are not looking only for fast short term profit you will realise that Bitcoin is currently the best investment, of course with certain risks and possible losses but that is why you have to play smart and use your head, not only heart.
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I don't know where this prediction comes from and what is the basis but to my opinion the worse days are behind.
The price will not rise fast, I beleive it will stay between 7800$ to 9000$ for a while but I don't expect to fall up to 5000$ or even lower.
We need more patience and more good news, this situation now with so much black predictions don't do good to anyone.
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I find this information more significant for Bitcoin than some news that are coming out from China. Recently we also had similar news from some Australian banks.
This is only telling us that modern and progressive countries will not fight the future but support it and that will surely have the positive impact on the whole cryptocurrencies market.
Thumbs up for Barclays!
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To my opinion price dumps and crashes are normal but panic selling isn't. I always think that by now people should have already learned how Bitcoin and cryptocurrencies market is functioning and what are the basic rules and according to that also adjust their behaviour.
But the same story is repeating over and over again and doesn't help but only makes things worse.
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You have to know that most of the media, no matter the country, is still owned by some interest groups and are under deep influence. Many of them publish articles designed like some would like them to be, no matter what the true facts are.
And so it's with Bitcoin too. It's not bad to inform or even warn people about bad and risky things connected with Bitcoin and other cryptocurrencies but they often do it with false, not confirmed information and influence the people in wrong way intentionaly.
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Why everyone behaves like the China is the only country in the world? Just because they maybe have the majority of big mining farms that doesn't mean they can decide the future of Bitcoin and other cryptocurrencies on their own. China is not the only thing that influence on Bitcoin price. Besides, so many times we have seen that news from China were exaggerated.
Stop spreading the drama and fud and be rational.
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misterango and viabuy is tested by me, and they work.
misterango is 10-12 days delivery, and has decent limits. 3k eur POS per day, and 1k eur ATM per day. acceptable. easy to deposit btc.
dunno with VIABUY, but i have their card and just needs to activate it. but i guess its working.
Thanks for info. How much did you pay for VIABUY? Mistertango is for free, am i right?
Both are Mastercard - i have nothing against Mastercard, but is it mean that there is no Visa debit card on EU market? Nope, no Visa Bitcoin debit cards available because Visa has ended the partnership with Wave Crest, their provider for EU market, due to some condition violations. Aledgley Visa is looking for another provider so they still have the intention to supply Bitcoin debit cards again. How much will this take and when the new cards will be available no one can't tell. |
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Depends on your needs but I strongly suggest to combine multiple wallets. The most safe are hard wallets like Trezor and Ledger Nano. With one of these you could use one of mobile wallets that are very convenient, like Mycelium.
In any case don't keep all your coins in just one wallet and don't use just one type. And avoid online wallets and never use exchanges as a wallet.
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In the last couple of weeks we could see the problems on world stock exchanges, the fall of Dow Jones etc. Analysts say this will continue in the future too.
Although Bitcoin isn't tied to that market directly do you see any influence of this situation on Bitcoin price? What is your opinion?
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Hope this helps someone, because this research already made me lost some nights of sleep Cheesy (and some money with useless cards)
so I assume these cards are very useful and they do not take days to load... I have a question: about upaycard, do they take a long time to verify my account? When someone adds funds by bitcoin and upload to the card, uploading the funds to the card is instant or manual? because I need a practical card i have one.. and ith works, just used today to buy a bootle of watter  really have a card is very practical and useful Its takes almost 1week to verify the documents, the card arrived in 1 week in portugal, you can set to automatic whenether you send bitcoin or ether or any one available to transfer automatically to your card, or not.. you have an option to choose enable or disable! The money trasnfers instantly once you trasnfer from and eth or btc adress to upaycard... it only takes the coin confimation time, thats normal! keep in mind that the card works ok with me but im not putting my hand on the fire for this but right now is one of the best arround!! One week for verification? That is a lot. Most services nowdays have the possibility to verify your data through app instantly And what about upload fees and limits for payments and ATM withdrawal? Are they reasonable? The cards works everywhere in the world or only some countries? |
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The posts like this should be banned.
First, Bitcoin in Europe isn't banned, a second you didn't say anything about your situation. In what country you live, how do you want to cash out your coins or anything else.
You have plenty opportunities to cash out Bitcoin, from localbitcoins and exchanges or Bitcoin debit cards, few are still available in Europe.
So, don't spread false information.
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news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble
Maybe Australia isn't that influental but China is not the only important county for Bitcoin also and the influence of China is exaggerated. I think it's not impossibe that some other countries also follow the example of Australia, this could be something that could encourage them to make some similar moves. Anyway, it's a good news. |
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Maybe will some get me wrong and I realy don't like to offend anyone but if you look the list of countries that don't support Bitcoin or even ban it they are completely irrelevant. Maybe there is some strong Bitcoin community but in global ratio those countries can't influence cryptocurrency significantly and their attitude to Bitcoin doesn't create cryptocurrency policies.
I still keep my attitude that modern and civilized countries will not ban Bitcoin and that is the most important.
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I think that we are slowly coming out of this period when Bitcoin price is falling. It has crossed 8000$ and it seems it's recovering. However I don't expect some fast and huge rise, think the price will stay somwhere between 7800$ to 9000$ for a while.
Still it's good time to boy so don't miss the chance while you can get coins at convenient price. Remember, not every price dump is tragedy.
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