That worths 460m + approximately, and only high influenced company or person can bought that, so who might it be?
Is it elon musk again?
Nah, I do not think it is Elon. There are many sharks in the crypto markets. Nonetheless, this is a good sign for the next bull run after a huge dump. The resistence at $53000 seems very tough. The price has been around for 3 days |
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Elon Mush does not inflate the crypto, he only supports it by the falcuty of his speech. He is one of the most famous person in the world now with his disruptive technologies (space craft and electronic vehicles) and thanks to his support both bitcoin and the cryptocurrency have gained a lot of attention, chiefly dogecoin. This coin have flied more than 7,200% this year and I cant deny the footmark of Elon on this coin
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$52k is a good price zone for newcomers like you. The bloothbath only happened yesterday and bitcoin has recuperated after a few hours.
It is never too late to invest in bitcoin but you need to find a decent price to buy. Right now, if you decide to spend your money on bitcoin, I recommend you to invest 50% of your balance. The remaining is to buy more bitcoin when it is lower than $40000 or when the hype is over. Bitcoin can't go up forever. There will be time when bitcoin is in the midst of a big chaos
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Ok so there are people who say that crypto is decentralized and cannot be controlled by the government. How can this be true when the government can shut down the companies or networks where you are able to buy, sell, or send crypto? What do you guys think? Do you all think that crypto is truly decentralized and cannot be controlled by the government or can they? Maybe not directly but indirectly controlled?
So you misunderstand the concept of the decentralized cryptocurrency. It is p2p transaction so even if the governments shut down exchange, comapnies, etc, people can still buy, sell or transfer their coins although it might be a little tough. Not all crypto is decentralized. Some are centralized, some are pseudononymous. There are fully decentralized cryptocurrency but its usage in this decade is not significant. Maybe when bitcoin become the main asset of the world, decentralized coin will be used more |
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I can't say that this bitcoin is the largest ponzi nor the largest bubble in the world or in the universe rather. If this was really a bubble or ponzi then it must be collapsed already and it will not be able to last for almost 11 years. Am I right? Bitcoin is not a bubble in which I am pretty sure that after 10 years, bitcoin will be still there and nothing changes, maybe there will be some ups and downs in terms of it's value but bitcoin will be bitcoin and nothing will change. Bitcoin is not a bubble that will just disappear because if it's so then maybe bitcoin is not here anymore.
Bitcoin is definitely not a ponzi scheme. Ponzi always crash. Bitcoin is based on pure supply and demand created by humankind. It is possible to say bitcoin is a bubble. As a bubble, bitcoin will go up and down but it will never ever disappear from this world. The DotCom bubble is a good example. Many companies do change but many of them have receovered after more than 10 years |
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My life is now and I don't want too much in the future. I am trying now to develop myself, improve my life skills and make money skills. It takes a long-term plan and discipline to get what I want. Just to maintain the stability of world peace I want by 2030 I can have a home of my own and the profits from my investments.
It is good. I believe you will have a good future depend on what you are doing with yourself right now. All of those discipline, skills and long-term plans will make you a whole different person with enhance capabilities and knowledge. You will defnitely own a house in 2030 |
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Of course bitcoin can become the one world currency, as long as the people use it for their daily needs. Right now, more merchants and companies need to integrate the bitcoin payment method to their system in order to wide spread the idea. Look at Elon Musk and the way he accepts bitcoin in Tesla. It has triggered a big boom for the whole cryptocurrency economy
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$16000 is our price now  I could not expect more. Bitcoin is doing a great job. Lets go boi. We can dominant everything right now Dont be scared of buying more bitcoin. The more bitcoin you have, the more chance you get rich |
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In order to buy cheaper crypto, you have to buy bitcoin with a cheap price and then wait until it increases the price. Then, we can buy other cryptos when they are still cheap compare with the price of bitcoin. Right now I think it is one of the best times to buy more bitcoin for your purposes
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They are afraid of bitcoin because of the fact that number of people is getting large, and people engage cryptocurrency don't need a bank, in a traditional way people use bank as money storage, but now is different, because cryptocurrency has its own wallet and bank might lost there profit.
I agree with you. They are afraid that one day, no one will ever use banks again. Bitcoin has proven that it is better than bank and people can control their own money without having any support by the third party - banks. That is why many banks try to create their own cryptocurrency. And those who can not, they choose to accept bitcoin |
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I know that it is forbidden to just print money. but i have also thought about this and think that it would be really great, no debts and no problems. I think that it is time to change the strategy and governments will think how to do this
No, a state or government cannot easily print money even they want to, just because it will make country's economy to be unstable and all goods and services price rate will rise high and there own money value will go down because of such inflation and that is the reason why every government can't just do such action. Yeah printing money is not as simple and easy as printing a picture or something. Like one country in Africa, I'm sorry if I can't remember which country it is, you can buy so many wads of its money with only a few dollars and they sell it in the markets just like selling meat or fish. Such inflation caused by printing too much money can lead to imbalance in a country's economy and people would suffer to make a living and could hardly keep their heads above water. That's not a good thing at all. |
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In my own personal opinion the main reason why the most rich counties are the most users of cryptocurrencies are people that are developed also with knowledge and have more reserouces, because to be able to be in cryptoworld you have to have a good technology so this means that counties with not good economy cannot have that much access as the developed places.
They have actually available all kind of facilities, they can use internet, throughout their country, they are also mostly educated, which is in fact enabling them to use bitcoin or any other cryupto currency, in think that very soon the backward countries will also start using bitcoin,, Well it's sad to say that not all of the people who come from third-world countries has access to education and technology or even good infrastructure, believe me I know this very well. In my country, besides big cities and our capital, people from other areas aren't well educated due to lack of schools and some of them couldn't afford to buy a computer or any tech stuffs. Some of them even drop school since they were very young, so most of them don't have the knowledge needed to understand this field. And my government doesn't support bitcoin so not much people interested in bitcoin. I hope that this would change someday. |
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There are some limitation which stop bitcoins from being used as a currency. For instance, the transactions are not instant and it is a big limitation in my opinion.
I don't deny that there are some limitations that bitcoin is facing at the moment but from my point of view, I don't suppose that transactions speed is one of them. Maybe it's not that immediate but it's still faster and easier to make transaction with bitcoin than the traditional ways. I think that what prevents bitcoin from being entirely a currency is that many countries are still having misleading thoughts about bitcoin and some even ban it. I hope that one day the governments would change their minds and bitcoin would eventually become an international currency. |
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I think that you can not teach a person to be a successful businessman, you need to have a certain character for this. But parents and school teachers must necessarily teach children the financial fundamentals and basics of business, in order to properly dispose of the money earned.
Yes I agree with you on this as becoming a businessman requires a lot of qualities and sometime natural-born talents such as the ability to be a good leader, the passion for the business and the willpower to accomplish it as well as the will to take risks and many other things. So it's up to the children to choose to be whether a businessman or a worker. But it's essential that parents should teach their kids how to manage their money properly and this need to be done when they are still little because if they grow up to be spending overly, they won't become successful in anything. |
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Thank you for this post! It can really help a lot of people who have been struggling to maintain even the smallest of business. Businesses, small or big needs to be prepared for to be successful.
Yeah this is a really helpful and informative post, especially for people who intend to open a business or who are struggling to reach success. Although there are quite lots of articles giving direction and advice on what to prepare before starting a business, most of them tends to be lengthy and tiring to read and even misleading. But this one is very brief and straightforward, so thank you for sharing such high quality post, I think I would need this in the near future since I'm having an intention to open my own business. |
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I am happy that the economy in my country is improving now, because the government is serious about building infrastructure and public services that support business and economy such as electricity, toll roads, ports and so on.
It's good that your government is putting their effort into constructing infrastructure and improving public services because these are the base and most important element to improve citizens' lives so that to bring its economy to a new height. Sadly, my country is doing apparently the opposite things. They do build more roads, highways, subways, etc. and newspaper always says how much money they paid for this process but it seems to be that most of that money didn't really go into renewing public facilities. Because these roads were badly made and easily damaged only after a few days of cars running on them. So I really hope that this situation we are having will change someday. |
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If i will be asked if what my expected predictions with bitcoin are, I would simply answer that its price or value will continue to raise and fall. This is the life of crypto currencies that is why this thing will surely happen and just repeat again and again. I also guess that if this process flow of crypto currencies will stop there might be a possibility that this system will also stop at all. It is simply as this, if one thing has no movement it will surely die. Just like in crypto currency world if the price or value will not move it will surely die and vanish.
I couldn't be more agreeable to your thought since what goes up must come down. Bitcoin will have its prime time and moments when it doesn't show any sign of improving. Its price will keep fluctuating dramatically and all of this just like a vicious circle. But if we take a look at its entire development since 2009 until now, this will somehow give us more hope of its bright future ahead. Bitcoin has come from nearly nothing to being thousands of dollars worth at the moment. Although it's impossible to give accurate prediction about bitcoin, I believe that it will grow and rise even more in the near future. |
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gainvilleThe group that influences the global economy the most would probably be the U.S. Government Because the U.S. economy is so massive, and because of the role the U.S. military plays in global affairs, if the U.S. does well, the world does well, and vice versa. For example, current international trade would not be possible without the U.S. Navy, which protects waterways from things like piracy and keeps trade flowing. Other large economies also have a significant impact on the global economy.
Yes that is right that a good relationship is important so that you may have good economic exchange with other nations, but it also require some other important factors which can also influence your economic status, for example that you may have good and easy access to international market for exchanging your good and to buy the stuff easily which you needed in your country. Wow… man you just hit the point there. Yep you’re right. It is good in terms of exchange and make things easier for us. If we have no relation with another country we won’t be able to do business with them and things wouldn’t be easy at all. So that’s one of the importance of having an international relations with another country. Helpful indeed. It's undeniable that international relations play a huge role in assuring a country's well developed economy. Because a country cannot rely on its own strength and abilities to improve its economy, its government needs to have good interactions with foreign friends so that they could help during troubled time. I have seen my country's economic situation started to grow rapidly only after my government established relationships with other countries and since then, the people don't have to struggling for survival like they used to. But it's also true that if a country have such massive economy, it can also have such great impact on other countries and it kinda reflects the whole world's economic status. |
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I think that below $8000 is the best price for us to buy. Therefore, you can buy it right now if you want to. HOlding is the key for us to achieve profit in bitcoin. I believe that bitcoin will hit $30000 soon. Therefore, try to hold your bitcoin as long as you can. You dont know what bitcoin will bring us in the future
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Is this bad for business??
Well, it is bad for business but it does not harm bitcoin. People who work with cryptocurrency might struggle with finding a way to advertise their product. However, nothing needs to be worried here. I think that they will know how to maintain their job. People always know how to make money |
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