It's been 11 years since Bitcoin's inception, where it has become an extremely popular cryptocurrency used by people worldwide. Many governments, central banks, and even mainstream businesses and companies have become interested in grasping the benefits provided by Bitcoin's Blockchain technology. As a result, we've seen many positive comments from popular figures like John McAfee, Elon Musk, and even Jack Dorsey talking about Bitcoin. However, only a few seem to use it in their daily lives. Imagine someone famous within the mainstream world showing him/herself using Bitcoin in a Hollywood movie or even in public. We may be still far from seeing this become a reality as Bitcoin is still not scalable for the world yet (the Lightning Network is under active development). Maybe after micropayments become viral on the LN, we'll be able to see more celebrities using Bitcoin in public? Average people in the mainstream world would surely use Bitcoin for their daily lives if they see someone famous patronizing the cryptocurrency. Do you think celebrities in the mainstream world are still using Bitcoin for their own benefit? If so, which famous people are deeply into Bitcoin right now? I'd love to see someone like Keanu Reeves, Microsoft's Satya Nadella, or even Apple's Tim Cook using (and patronizing) Bitcoin someday. At such degree, I think Bitcoin would've reached massive adoption within the mainstream world. Thoughts?  Why are people so concern about celebrities using bitcoin? A lot of these people do not understand what bitcoin is and it's purpose in the financial ecosystem. All they see is an asset that will make them huge profit. These people will not add any significant improvement into the bitcoin market and ecosystem. I think the reason why people are concerned about celebrities who uses bitcoin because they are happy that more people are started to know about cryptocurrency like bitcoin. I think you are wrong these people will really add a great improvement to bitcoin's price when they started to buy a huge amount of bitcoin. Celebrities are often taken as role model by the people. People take inspirations from them and happily follow the activities and works they do. Knowing that your favorite celebrity is also investing in crypto market will attract you toward this market also. I think this will benefit the whole crypto market in two ways, firstly more and more people will come forward to invest in this market by following their favorite person’s footsteps. Secondly, the huge amount of investments made by the celebrities in this market will bring good results. |
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Trading is another name of patience and the successful trades are no doubt confident because they have grip on it and knowledge,enough experience abut the market,But without knowledge taking risk and confidence is just gambling.
Professional traders spend more time n analysis and after surety confidently put trade then never believe in any rumor,Here we talk abut excessive confidence so it may sometime become risky and some trader face the losses at the end. Confidence with knowledge bring
More knowledge leads to increase in confidence and less knowledge makes you less confident. More knowledge makes you more familiar about a concept, system or a product and you better understand it. In this way you become the master of it. Bitcoin is the technology, and cryptocurrency is the system of digital currency the more you know about it and how it works you will show a more positive attitude toward it and this will make you a good trader. |
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Bitcoin can never be controlled by any country and any agency. China is indeed one of the biggest bitcoin mining countries. doesn't mean that being the biggest mining country can destroy bitcoin as you say.
such as China trying to do that I think other countries throughout the world will also be ready to do the opposite. considering bitcoin miners are not only China.
A study reveals that nearly 66% of worldwide bitcoin power is under the control of Chinese miners. Biggest manufacturing companies are also in china. But this does not mean that they can control Bitcoin or this crypto market. It was created as a decentralized technology and it will always be decentralized. Not only china, no state can control Bitcoin even if it has huge number of miners. |
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Yeah, I also have a dream to use bitcoin daily living, for example in shopping or paying bills that so far only use our country's currency. Because here in our country bitcoin daily living is very limited. We can't use it however we want, if we do business on bitcoin, we still can. But for real we can't yet.
It's quite contradictung and ironic to say you can, but at the same time, you cannot. But to have a cleqr understanding to this, it is merely impossible for today to use it as a currency for daily living unless, a big project will implement to build a city entirely dedicated for the utilization of cryptocurrencies. In this way, bitcoin daily living will be possible as no entity will prohibit one to use it. for now we can only use bitcoin after converting to fiat currency, the lack of stores that accept bitcoin and high bitcoin fluctuations is very much avoided for small shops to use it, because they have a small capital. therefore we must wait for the next development Yes, it is not widely accepted by the common stores in many places now due to many reasons including lack of awareness, restrictions put by the government, its fluctuating nature. But its implementation is increasing with the period of time as its price is increasing and is becoming more stable. Once it will attain the greater stability in near future it will be used everywhere. |
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Indeed, it is no longer interesting to trade full-time. I stopped trading because it became boring as the price doesn't fluctuate as much anymore. Also I didn't like doing anything else at all, I always wanted to make a profit and make big money. It really takes a lot of time and it doesn't really even give much profit over a long run because it requires great strategies and effort.
Now the market is in huge fluctuations which it is impossible to make huge profits, now it is very good to grab the potential coin for long term holding. Day trading is always good with small profits, but we cannot keep on trading we might get bored. We have to set some target for our days once we reach our target, then quit for trading on that particular day. I don’t think so quitting is the good option. Do not afraid of risks if you are making good investment. Fluctuations do agree but you also get big profits. Your investment in this crypto market will eventually give you good results. It will not be boring if you engage yourself in other physical activities also with trading. |
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Most things, if not all, has two sides (advantage and disadvantage).
If you’re making use of stop loss in trading and you’re not there to continue it after the trade has been stopped due to going the wrong direction, then you’re likely to miss out if things should get to a better line and start moving up.
But whatever, we should still call it a life saver because it’s not every time that the price of asset would go down and rebound, most times when it starts crashing it just continues to fall to a lower price till you lose everything. Stop loss is mean to save you from such situation where you are likely to lose everything.
Stop loss can be treated as a life jacket in this trade. You can use it in time of need, it will save you from great loss in long term business. But why to think and worry about loss, we can make positive hopes that we will not face any loss, the prices will not go down. Your positive hopes will also act as a saving kit for your business it will give you inspiration and you can struggle more in it. |
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The Bitcoin technology is easy to duplicate. But the Bitcoin social movement cannot be duplicated. All of this makes me realized one thing: I am so lucky I have met bitcoin.There are people who doesn't have any confidence to try something new, something social friendly technology. But the fact that we are spending our money and time to a fully worthy technology like Bitcoin is definitely - a gift. They just complicate things, but the bottom line here is. Bitcoin has a significant value which can be helpful to some investors like us. As we adopt many new technologies and innovations in our daily living same is the case with the Bitcoin. It is also one the best invention made by the human minds. Instead of focusing on the risky part if you put your focus on its value and the benefits it offer, you will surely realize its value. It is the best investment method that traders should adopt for good earning. |
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I use Bitcoin weekly and monthly but not daily. I use it for paying for goods and services online most especially anything that has to do with my site. This includes hosting, domain name purchase and other.
I have used it for services mostly between me and the receiver.
I guess those who use it for daily are those who receive payment for goods purchases.
Yes it can become the part of your daily living if you use it as the method of payment for your daily tasks. You can make your daily payments if you are doing a long term business and have a big investment plan also. You can also make it the part of daily living by using it at the places where it is acceptable as a method of payment. This will promote Bitcoin and give you also more knowledge about it. |
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I guess having bigger value is a different thing from being stronger. Having the most value doesn’t mean that a currency would be the strongest in the world.
Yes, Euro has more value than the US dollar but that doesn’t make it stronger. If it’s by having more value, then there are lots of other currencies that has more value than the Euro. The most valued currency in the world is the Kuwait Dinar, and there is also the British pounds Sterling that has more value than the USD, but these currencies are not the strongest.
That is very right strength is more important than the value. Dollar is the strong currency it is known all over the world and is acceptable by all also. People considered it more valuable than their own currency. Even the citizens of Kuwait, Britain consider it more valuable having their own currency of high value because dollar has more strength than their currency. |
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If you have to concentrate completely on your job for whole day then it will be hard to trade, I used to do this using Blockfolio app with alerts put on to target prices according to what I feel is support and resistance. I have also put alerts on prices of different exchanges where I believe the pumps or dumps happen earlier than bigger exchanges. Its not easy to do that, but can do if you have all the exchange apps on mobile.
Exchange apps, alarms, reminders and all notification devices can help you to deal with this matter. Beside these things, your personal knowledge about the business is also very important. That knowledge will help you to put notifications for pumps and dumps, than that alerts will help you further. If the nature of your job is very tough than it will be hard for you to manage both things. |
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Blockchain is not a skill. It is a f****** global shared ledger of Bitcoin transaction
they will never learn
You're right. Blockchain is not a skill, all the same, we meant about persons, who are in any way connected to Blockchain - e.g. Developers, Marketers, Lawyers, etc. Blockchain is the biggest innovation of the time. Due to its revolutionary and growing nature, many people are getting attracted to it. In this way if we look at the skills of people who are in any way connected to blockchain in this crypto market they are very important. In near future, with the further growth of blockchain technology people having the skills in this technology will be more valued. |
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I feel like maybe it could be a governmental trouble if we put economics in the school, sure at college level I can understand it and its mostly high end mathematics but when you talk about economics there is politics involved as well, just to give an example how would a socialist country work with economics, how would a democratic socialist one, how does a capitalist one, how does a communist one, these are all economics as well. Teaching kids economics at a very young age should be regarding "saving money" and thats the key stuff, postponing pleasure in order to have a bigger relief at the end should be thought at a very young age in order to stop consumerism but we shouldn't bring politics into economics too much as well.
Yeah true, economics should be teach at a younger age but not the politics. The younger and developing minds should not get involve into the fuss of politics. But, economics is very helpful even at the young age of your life. As you get older you get involved in many activities and at the same time role of it increases as well. |
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I think the interest grew as they knew there were tonnes of people who could invest from all over the world in global tokens or currencies. So, Russia thinks they should make a digital currency that doesn't mean anything and is worth zero, but could get millions of dollars, perhaps even billions. That's why, and nothing else, they're looking into it. Hopefully in the future all countries will accept it
If the demands for crypto industry will continue to be pushed by people who already using it, government then will follow and make certain movements in order to make sure that they've still have a good control. It will have both good and bad effects though it can be balance and sort if how the government will be able to make it more in the positive side. Yes if the government is a state is a democratic government then the decisions of it will be in the favor of the citizens of that state so if someone want that their government adopt the digital assets for their states then they have to adopt it for their life and have to promote the adoption of it all around their country. If it will happen then the government of that state will legalize the digital assets and will support it and will develop it more for the convenience of their citizens. If the citizens of a state understand the idea that digital currency Is going to benefit them in many ways in the future and they can do a lot of business with it they can make it legal in their country. As majority is the authority and citizens can make it accepted by the government, it can happen if the users start promoting it to others and make it part of their everyday life. |
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In Mexico, the UENI research firm conducted a study, in a field composed of 1287 Mexican microentrepreneurs, that is: supermarkets, restaurants, clothing sales, accessories, among others. In which it was concluded that 67.1% of respondents were unaware of the world of cryptocurrencies. The remaining 32.9% who said they knew the concept of cryptocurrencies, were asked another question, in which they were asked, if they would be willing to accept cryptocurrencies as a method of payment? and the result was that 50.4% of respondents he said no . https://www.criptonoticias.com/negocios/67pc-pequenas-empresas-mexico-desconoce-bitcoin-criptomonedas/What you think? -Why does the population know cryptocurrencies? -What would happen if at least 67.1% of microenterprises accepted Bitcoin as payment methods? -Could it be that there are more countries like Mexico in which the population does not know or fear this new technology? Actually, people who do business will often know about big issues like this but they mean they don't want to get caught up in this fraud game. Most businesses in Asian countries too, they know it but do not dare to touch it because they know the risk is very high. we will hardly be able to convince many businesses to accept payments with crypto because it is not a stable currency, the prices of coins often fluctuate so exchange will be very inconvenient. That is the problem that coins are unable to do. Of course, it will be especially dangerous for enterprises if the state sharply and at one point imposes bans. It will be a collapse I think risk is the part of every business, so traders should not use it as a factor for not accepting cryptocurrencies. For me people who call this business a fraud and are not ready to invest in it either have less knowledge about it or are wrongly introduce about it. If one only focuses on the risks and downfalls of it he will not find it interesting. Traders should also focus on the positive and benefit side of it. |
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Yes it can be boring, if you spend your whole day in front of your laptop. It would make you socially less interactive and physically weak. You should engage yourself in other physical activities also to avoid boring. Don’t go for full time trade, go with it as part time job. In this way you will both enjoy the life and your work also.
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Bitcoin has been part of my daily living though in my country only few know about this crypto. But bitcoin has a big help because I can use it in paying bills and purchase goods. And some of my btc I hold for long term which I believe I can earn profit.
Even if I am staying here in the crypto world for how many years, I cant still say that the cryptocurrency is a part of my daily living because here in my country, cryptocurrency is not accepted as a mode of payment because only few knows about this and also before I can use my money from trading, I should convert it first into our own national currency. Even if many people are not aware of its use and importance, and also it is not widely accepted as a method of payment it is still very helpful in our daily lives. It can be used as digital currency for paying bills etc. At the same time you can use it by converting it into your national currency. So, it is helpful in both ways. |
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Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire
Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?
If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.
I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
As we know that Bitcoin is not under the control of Government or central banks, governments pay very few wages per hour to their employees so that they cannot invest much in Crypto. It is indirect way of not making people rich, because if people will invest much in Crypto, Bitcoin will hit higher and they would become millionaire. |
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It is normal to experience failure nobody is born expert in trading, take these as lesson and do more trading with demo account as it will boost your confidence and skills and try to learn strategies and avoid pump and dump group.
Luck is not a factor that is to be counted in trading. Trading is all about getting more and more experience and then utilizing your polished skills along with the background knowledge. So it is okay even if you have failed .Try to be patient and more organized in your plans next time . |
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I have quit from my job and now focus with bitcoin and altcoin as trading and investing or looking other way to earn bitcoin by joining bounty campaign or airdrop project, I can control and manage when working during trading or investing because I can miss many good moment where have to buy and sell assets with good price, when you working you have stop and close you bitcoin exchange account because you can't trading.
I really hope that you do well but you took an incredible risk that in my opinion was completely unnecessary, one of the great advantages of becoming a trader or joining bounty campaigns is that you could do that in your free time after your work, so you could be earning fiat and at the same time earning some cryptocurrencies, this is important because if for some reason one of your sources of income began to go down or disappear you will have the other one to back you up. It is good to hear that you have quit your job so that you can bring all your attention as well as put all your efforts in trading. This is common for everyone as trading is not easy to be handled along with any other job. You need to be focused every second because the prices could fluctuate anytime on the chart and hence it would lead you to bear a loss. |
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depends on his/her history and depends on what kind of connection we have. but generally i will help him with the amount that i'm not expecting to be paid back.
There are so many factors that have to be considered before people start helping someone in the world of gambling. Definitely if you know the individual personally and know he or she is really in trouble, you will try to go even out of way for helping them because it is a social service as well. But if someone is not willing to change and is simply trying to gather money for more gambling, no one would help him. |
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