Some countries have already banned cryptos. But i am not sure behind the reasons. Could you please share your thoughts on the reasons of banning cryptos?
Regards
I think the reason why some government banned crypto to their country because there many people used crypto to scam people and some people used bitcoin for buying illegal drugs, weapon, extortion and other criminal things that is why they totally banned crypto currencies. |
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Have you ever take wrong decision when you were panic. share your experience
Most of the time its hard to control the emotions every time when we see that our coins is falling down and this is the reason why many people end up losing their money because they sold their coin in a low price but if we learn how to handle the situations by putting more patience, stay calm, wait for the recovery and until it become profitable for sure we will not lose our money again. |
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The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?
what do you think of this?
That is enough and after reaching the max supplies I'm sure bitcoin price will become more valuable and 21 million supply for sure will circulate to the market and I think that is enough for the future, So better to hold and buy more because having one bitcoin in the future can make us rich. |
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Bitcoin is not a scam but some people use the word bitcoin to deceive others. so before you invest, you should do research first and do not trust others easily. In fact many people are successful investing in bitcoin. stay alert.
That is right because other people used bitcoin to scam other people and after getting scam people blame bitcoin but they don't realized that bitcoin is also a victim but if those people truly understand bitcoin for sure they will change their belief and they will trust bitcoin. |
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See now bitcoin is hanging around 6k althoughit reached about 20k last December. It better to cash out at high and keep on buying while low.
Yeah, The better things to do right now is to hold and used this opportunity to buy more while bitcoin is on dip because if bitcoin soars high again for sure we will regret it if we not take this chance. |
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As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.
Because it gives hope for everyone like bitcoin to the eye of investors they always think that they can double their money or even more but most of the time they lose money because some people has lack of knowledge and they don't even know what is the risk they will take but if they have enough knowledge I think they cannot lose their money. |
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Yes, I believe the people in the cryptocurrency community were actually the ones put value on bitcoin. However, due to it's volatility, bitcoin is susceptible to fluctuations either be going up trend or down trend.
Yeah, we the people who dictates the price but some big players has a power to manipulate the price like selling their bitcoin at the peek price then they make a scenario that can cause panic just what happens several months there's a lot of negative news as a result it gives fear to the people and cause panic. |
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The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.  Well I hope its long term but I know its too early to predict but as of this moment lets cherish this good news and it is a positive sign that there are many people still supporting crypto currencies. |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think the government will not allow this to happen and besides not all the people not know the existence of bitcoin, bitcoin will not replace bank because we used bank over a centuries so no going to happen in the future. |
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If you want to secure your bitcoin there are two ways to keep safe it. 1. Online wallets. 2. Hardware wallets. If you chose number one you have to take some steps for keep safe your bitcoin. 1. Take a very heard password. 2. Keep your password in a very secure place. 3. Don't save your password in online. 4. Activate two step authentication. 5. Don't share your password to any one. For your help give some trusted wallet links... 1. https://www.coinbase.com2. https://www.coinpayments.net3. https://www.blockchain.comIf you chose number two you have to pay some money for keep safe your bitcoin but i think this is better to keep your bitcoin in a hardware wallet. It is more safe then any online wallets... For your help i give some trusted hardware wallets link. 1. https://www.shiftcrypto.ch/2. https://www.ledgerwallet.com/3. https://opendime.com/4. https://trezor.io/5. https://tangem.com/So now its your choice that how to keep safe your bitcoin now.......😊😊😊😊😊 Your ever😊 That is a big help for every one and mostly for the newbies because there are many hackers ever where but I always do are not clicking any suspicious link, always enabled my 2fa, saving my password offline and I don't share my password to anyone. |
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some people think bitcoin will continue to increase and I think it is a very possible.
I believe that to bitcoin is not always go down it is part of the cycle and I know bitcoin will recover and it become profitable again so we need to hold and buy more because by the end of this year I think bitcoin price will soars high. |
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hy mate,
do you hear about the recent in bitom exchange and coinrade exchange, so do you see why keeping money on exchange is very hard because once it is hacked they made away with your token or money.
so please what do you have to say about, because I m sure that is why the price of bitcoin and Ethereum goes down drastically this way.
Yes I heard that news from my friend that is why I'm worried about what's going to happen in the market now and I'm sure it will be negative effect and it can cause market down and I hope the other exchange site makes their sites much secure. |
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In every environment there is competition, as competition is the driving force for development but the environment needs to be more healthy as well as it can take more development steps to assert its position.
I agree besides there are many competitors keep saying that their going to replace bitcoin at the top so at the beginning they planning to compete on bitcoin but as of these days there's no crypto can be called as a rival of bitcoin. |
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Hello folks,
I often discuss with friends and family about newspaper articles where banker, politicians and ceos give their options about the future of bitcoin.
Bankers speak mostly against bitcoin and spread FUD. People who work in the information industy often like the idea.
What do you say? Is there a definition of bitcoin fans and bitcoin hater? And how would you describe them?
Bitcoin is the future as a fans and supporter I believe bitcoin will recognize as one of the global currency and it helps many people to lift in poverty and to those haters or non believer I think if they have enough knowledge what can bitcoin brings to their life for sure they doubt and belief will be change. |
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This is good news, besides from Security Bank I can also try card less ATM to PNB. Thank you very much for the info big help. Also living in Philippines.
Well it is a big steps and it is the start to adopt bitcoin in the counrty ,it is a great new for every one and for sure the other bank will follow this because there are more investors will become interested to invest in bitcoin. |
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Bitcoin future from now till December is expected to skyrocket,just that the high hopes are deferred for now due to its dipping..
I believe that too because if we looked back what happen last year bitcoin soars high last year of december and there are many speculations this year that bitcoin price will reach 20k$ up or bitcoin will surpass our expectations, so better to hold and buy more while bitcoin is on dip. |
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As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
Volatility of bitcoin is most attracted in bitcoin world. Especially high volatility of bitcoin makes people interested because they earn a lot of money. Bitcoin brings hope to every people who embrace bitcoin. Bitcoin volatility also like a double edge sword the faster increase of price the faster decreases also, So to become success we need the right timing on when to sell and buy by that we can never lose our money. |
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If you working as marketing or bounty hunter is your second job/side job, holding token from payment is good for you. You can get profit like an ICO participant but you no need money.
I agree, because if we are a bounty hunters we can hold our coin and just follow the road map but to the investors they need the right timing on when to sell their coin because they can lose their money if they miss the right timing. |
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Investments are always risky.Moreover, in the unregulated world of cryptocurrencies.To reduce the risk of loss of funds you need to invest not all of your fundsSome part should still be left
That is correct because in every investment there's always a risk, but to minimize the risk we should have proper knowledge before we put our money or we should invest what we can afford to lose and crypto investment there always a right timing on when to buy and when to sell. |
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I think these two categories shouldn't be even compared. If you believe that you would be able to earn more bitcoin it you had better education then it's smart to invest that way. Otherwise, what is the goal of studying?
That is true we cannot compare this two but if I choose one I will go on educations because if I finished my study I can find a better job or even I can manage own business and education is treasure that no one can get it away from you beside we don't how long bitcoin will last. |
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