the longer the price stays in its tight range, the higher are the chances that it will continue to stay in that range in the future.
Fundamentally, it may mean more adoption
these two statements are contradictory. if we get more adoption then price will rise. to put simply you can't expect more people buying bitcoin (more money coming in) while price stays the same! That's not necessarily so You are essentially assuming that people will be buying more bitcoins if real adoption should grow. But this is no more than what you come to intuitively think. So why do you think that people will be buying more Bitcoin in that case? i am not saying people are going to buy more bitcoin i am saying more adoption means more people and more bitcoin is being bought in total. for example if we have 100 bitcoin and 10 people buying it, price would be at $1 with adoption the number of people grows to 50 so now there are 50 people buying 100 bitcoin and with it price goes up to something like $3 and so on. that is what adoption means not the same 10 people buy more shares of the same 100 bitcoin. that is called being at a cap and no more growing. right, the total cumulative of the buyer is what makes the price go up. but with the increasing number of bitcoiners, it means opening opportunities to increase market capitalization, especially the big investors who enter |
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They are slowly realizing the purpose of a blockchain technology. This is the start of mass adoption, many countries already take their part to support blockchain, i expect they will be more aggresive in the coming years and it can make the market bulls back again.
right, by being aware of the blockchain function. we can dig the system for everything. Moreover, this system is difficult to hack, so it is safe if the company uses it |
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for that there must be a product that is willing to accept bitcoin as their official payment, so that everyone who will buy the product must use bitcoin and definitely other products and companies will follow that step.
Bitcoin is a digital currency, proven by the acceptance of Bitcoin for payment of various types of goods and services in various countries. What is still a problem is the difference between countries in dealing with bitcoin, meaning that there are countries that accept but there are those who refuse. While those who received the regulation still differed from one country to another. This is a bitcoin problem that must be overcome for the advancement of bitcoin in the future. right, because there has not been an agreement from many countries making the fate of bitcoin still in the struggle until now. but we also have to be aware that each country has its own constraints. therefore hopefully bitcoin can be received immediately |
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This kind of education will help all Filipinos to become competitive in the filed of blockchain technologies. I hope this kind of education about blockchain technologies will offer in all university so many people will become more educated and knowledgeable in crytpocurrencies. This won't be a problem if a person's interest in on this one, even if we have this kind of education every person's interest will have a huge impact on every learners. We can just learn it on the internet but it has limits just like language barriers we can't just identify some of the words on english in our term. It depends on the person's interest if they are curious enough to learn it. I think with the guidance, especially formal, our knowledge will be more complete and ready to plunge into the world of blockchain. therefore if the country really wants to introduce blockchain, formal education is a good choice |
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Talking about how my experience when joining and participating at bitcoin and altcoin always got bad and good experience, I am always glad and happy so far have know and joining in bitcoin and altcoin investment.
we get not only experienced but we also get some money from cryptocurrency.and no one could get opportunity like us.some people still confuse how to earn money from bitcoin and other cryptocurrency. right, besides we learn about technological progress, we get paid through the bounty campaign program at every ico. and in 2017 we really enjoyed the results, because bitcoin was at its highest |
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No need to say too much about this, it's absolutely true. There has not been a single currency in a year with an increase of more than 30 times its value. Bitcoin did that but the bubble was broken the next year.
This is an event worth keeping in mind in human history.
Where comes the idea of bubble? Do bubbles have the potentials to recover or reform after they burst? If a thing is compared to a bubble that means that thing has a short life span and after the burst, the thing is dead. Bitcoin cannot be compared to a bubble. It has got the capabilities of rising again as it has been doing in years back. Let's be patient, friends. many are worried that bitcoin will bubble, especially with last year's decline, so many are panicking. if we think about it, even the lowest decline last year has been a fantastic increase, since the BTC was born |
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I think that cryptocurrency is a very unpredictable thing for the economy. All attempts to predict the outcome of the introduction of Bitcoin in everyday life will only lead to speculation. Nobody knows how Bitcoin will affect the economy. My assumption that Bitcoin will reduce the circulation of money in national currencies, thereby weakening the influence of governments in the economic sphere.
Nope. I think the effect is not unpredictable, even you get financial benefits from bitcoin right? from a small example, an investor must have the opportunity to profit, if the amount of users is large it will certainly affect the country's economy right? National currency still needed and the effect of bitcoin to national economic not too big compare with money circulation. Bitcoin market cap value below $100billions and compare with wall street market value, its not more than 1%. I dont think bitcoin will break world economic this can also happen, if the circulation of bitcoin is getting bigger, of course there will be a decrease in the circulation of fiat currency. hence from that there are still many countries that have not been able to receive it as a currency |
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it could be, Venezuela yesterday, now Italy. and there are still many countries that are experiencing a crisis. I think this is not the impact of America vs. North Korea that triggered World War 3. It never happened in modern times.
I think this is because of their country's internal factors. like in Venezuela, the government only relied on the oil sector, so that when oil prices were destroyed, the crisis ensued |
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It is not at all a big thing to see men in higher percentage contributing good to the cryptocurrency event or to the community. This is all because of the men's updated mind, while women were much focused on fashion industry and very few were exception. If a government adopt bitcoin and suggest that everything related to fashion need to be brought using bitcoin, then surely they'll come and can see more women attendees to events, lol.
I agree. a man has a wide range and seems more courageous to take action to try something new. as you are talking about, if a woman's work area is required to use crypto, then the number of users will be reversed |
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If there is a state who accept crypto not just a means of payment but, also considering this as property meaning to say it should taxed and have central authority by the government. Once it has good results, I think it is a great influence by anybody states to adopt crypto as well, particularly in bitcoin.
indeed I feel crypto in my country can be said as a property, where each of us transactions will be taxed, even though the amount is different to determine the amount of the tax |
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actually not many want to eliminate fiat currency. in my opinion, crypto currency and fiat should go side by side, because crypto will be increasingly recognized. maybe you see a lot of people who want fiat currency to be replaced with crypto, but believe it is hard to happen.
crypto is not acceptable to many people, even today there are still many people who still have problems with the bank system and the use of ATMs. universally many will not be able to adjust economically, and fiat is the most quality model. Fiat removal is very unlikely, but the volume of crypto users will indeed continue to increase because the era continues to grow. I am agree, many people still dont have access to cryptocurrency because internet infrastructure. Fiat money always needed for people who dont have access to internet and most people more convinience using fiat money this can be seen in my city, where bitcoiners are only a few, and become a minority, it is even difficult for us to find bitcoiners, so it will still be needed to become a fiat, and that is the reality, and the government still supports fiat |
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The canton of Zug is known as Crypto Valley, because of support of blockchain-related projects and mild taxation of operations with cryptocurrencies. I've been reading about it lately, and while it is cool that the government really supports various projects, I think a significant downside is that cryptos are assets, not means of payment in this country. Also, even though Swiss financial regulator acknowledges that there are different ICO projects (with utility and asset tokens, but they also distinguish payment tokens as the third type), they are treating utility tokens as securities:https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/! My thought is that cryptos should not be treated as property or securities, because that's not what they are. No matter how sweet the policies are there towards cryptocurrencies, I don't think that something called 'Crypto Valley' can go on without recognizing cryptos as money. What are your thoughts on this matter?
Any where in the world could be a nice place to do a project with crypto and blockchain except for those place who bans it because somehow in the future all people will still use it. With the government legalizing crypto and giving freedom to crypto, I think it will be a good country for its development. besides Switzerland, we know Malta is also a paradise for crypto |
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Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
Governments need to implement more rational taxes, they are getting a huge amount of money out of a small sector of the population and they are not really doing anything productive or something that benefits the country as a whole, so before asking about what will happen if bitcoin becomes widely adopted through the world we need an adjustment of the tax rates all over the world since people are paying huge amounts that are not really necessary. I agree. Tax adjustments throughout the world against bitcoin must indeed be synchronous, so that it will make it easier for every citizen to visit other countries and make transactions |
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According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
If it is to strengthen financial aspect of the country that the reason why bitcoin was created, I doubt it because governments until now are still brainwashing their people's mind together with banks not to invest in bitcoin stating the disadvantages and disasters it may bring to the investors in case they would. I cannot see any reason why governments would create something and not support it. maybe it's true what you say, because indeed with a lot of alibis the government can't yet accept bitcoin. I think one of the factors is because in the bank there are many employees who work, and many supporters. we can imagine that |
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We don't know what is the real reason of the falling value of bitcoin but as you said i think just more like that. It basing on the stocks which is the demand and supply. Crypto was almost same with stock market and correct me if im wrong that if stock market fall crypto was also fall this is base on my observation.
indeed, between the crypto market, stocks, forex, commodities have similarities in the market, but I do not agree that if the stock market falls, crypto also falls, because both have different investors |
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All times are good to enter the cryptocurrency market. - Tim Draper Do you agree with this guy? All I know is Mr. Draper is a billionaire, huge bitcoin bull and a venture capitalist. I kinda agree with him when I look at the bitcoin inform of investment vehicle for long-term, not just hit and run kind of investment. What y'all got to say about this?  If your goal is for long term investment then I will agree to Tim Draper that all times are good to enter in cryptocurrency market but If our goal is for short term investment, then I will not agree to him. We should use indicators and trading tools to know the best time to enter the market. Like right now, for those people who do short term investment then it is best time to enter. I agree with you. for long-term investments, of course, not much thinking when we enter the market, especially in the current conditions, of course, whenever it is good to buy bitcoin, especially when prices are in big discounts |
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Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.
it can be applied to countries that have legalized bitcoin as a means of payment, but for countries that have not legalized it, they will certainly face the law. with small businesses using blockchain, of course, it will help promote blockchain for the wider community |
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Dr. Rex Yeap (Singapore), IP blockchain inventor, serial ICT inventor, angel investor, quant, educator and meditator interviewed in our weekly show ICObench Top Experts. Dr. Rex explains how he started his journey to Blockchain world in 1991 and developed algorithms for data streaming in 2010. He shared with us his point of view about ICO market, it's future and an average number of the fund raised, explains how he rate the projects listed in ICObench. Together with Dr. Rex you can analyze the graph " Top 11 famous people's BTC prediction" and look at an optimistic forecast. Watch the full video: https://www.youtube.com/watch?v=nTZEtolOnJs&feature=youtu.beI just follow the flow of the cryptocurrency market and also my trading instinct. I do not follow the predictions of the people who said they are experts. We should alwats remember that not all of predictions are happening so it is better if we will trust our own opinion than the other's opinions. but at least if the news is good, it can be a stimulus for us to strengthen psychology and the belief that the market will soar later. because basically we believe the market will be good in the future |
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Hamas is considered a terrorist organization by the US and other strong country, meaning that they should not be allowed to use Coinbase due to KYC and AML procedures. So the question is how they do this without any help of others.
They gain some support that allow them to collect some bitcoin. They already raise money meaning bitcoin can really be use for this kind of action, and maybe this is the reason why government are still hate cryptos. They still have the connection in government, and thats why they are too confident to do this. Every currency like fiat money can use for any action like terorism or others criminal activity. Bitcoin is just a tool and its depending on user want to use. Bitcoin dont have relation with terorism or other criminal activity because every fiat money used for criminal activity too each currency, either bitcoin or fiat currency, can actually be a means for deviant actions, indeed it depends on the user. because the nature of bitcoin is anonymous, the gap is utilized |
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for the first time entering the crypto world, I recommend practicing psychology. by having psychology, we will not panic when facing market turmoil. that way we will still focus on achieving the goal
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