I still do not quite understand the many nuances about how the miners process the calculations and how these results of the calculations fall into the blocks. And many other things. But I don’t think that I don’t understand how Bitcoin works.
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I have long read that in various countries it is allowed to buy real estate objects for cryptocurrency. You can also buy cars for major European and American manufacturers for Bitcoins. Progress in this regard is becoming more and more evident every year.
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The difficulty of understanding Bitcoin comes from the lack of desire to rebuild your mind. People who are accustomed to thinking in the old way are sometimes negative about innovation. And we cannot be angry with them for it. They have the right not to accept what they do not like.
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In order for Bitcoin to be universally accepted, it is necessary that this be enshrined at the legislative level. Only then will any entrepreneur be able to calmly announce to everyone that he accepts Bitcoin for payment.
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I prefer to stay away from discussing similar topics in society. Cryptocurrencies, as well as politics - these are topics that leave no one calm, and usually it is all wrapped up with heated debates, but this is not interesting for me.
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I think that in the coming years all the problems that Bitcoin had and which did not give him the opportunity to become fast as VISA or Mastercard would be solved.
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It seems to me that Bill Gates is not quite sincere with us. Perhaps he is an opponent of Bitcoin because he himself has big plans for him. For him, as a proponent of innovation, this is a very strange position.
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Recently, I often hear about Bakkt. I believe that Bakkt can help bitcoin and other cryptocurrencies, despite the fact that the Bakkt will be a fully centralized structure.
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I first heard about the fact that there were bitcoins-games about two months ago. Earlier in my view there was an image that with bitcoin can only be connected to online casinos. But the game http://battlecoin.org - I also liked it. When I have nothing to do, I enjoy spending time playing it.
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Centralization bitcoin is something that is very often and very much spoken. I believe that this will happen inevitably because despite the fact that at the heart of bitcoin lies a chain of blocks and it is decentralized, but with the necessary software - all transactions on the network can be easily tracked, and therefore - taken under control. Many will want to take advantage of this.
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Such speculations and attempts to once again inform the whole world that something is wrong with bitcoin - there will be tens of thousands more. Everyone will try to speculate on the bitcoin in every possible way, even if he does not understand anything about it.
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The worldview of people about crypto currency can not change for the better in an instant. Because people have a certain inertia that can not be removed quickly. Time needs to pass.
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Bitcoin and the situation around him - very much remind me of what happens when you first get to a huge bazaar. There everyone screams and everyone tries to shout over the other. A lot of information around and it is very difficult to understand who to believe and who cheats. Around bitcoin the same thing is happening.
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Nothing happened with Bitcoin. Its price behaves so constantly. It grows very strong and falls very much. This does not affect the technology in any way. Therefore, there is no reason to doubt the reliability of bitcoin.
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If you sum up everything that was written in this topic, then everything can be said much easier. For any investor there are only two points - the moment of purchase and the moment of sale. You need to buy when the asset has fallen very heavily in price and sell when it is already impossible to not sell.
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Now this advice sounds very timely. Because most traders now have a stable opinion that recently we have passed the bottom. Now bitcoin has to overcome the level of 7000 and nothing more will prevent its growth.
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Those who continue to think that banks against crypto-currencies probably do not know that the owners of banks have long been the owners of major crypto-exchange exchanges (Bittrex, Poloniex, Bitfinex etc.)
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The best wallets for keeping bitcoin are cold wallets. They allow you to achieve a very high level of security. Far higher than centralized services like https://www.blockchain.com/wallet
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Perceptions of the Crypto-currency have changed quite a lot in recent years. If you remember that a few years ago many people thought of crypto and bitcoin exclusively as money for drug trafficking. Now everything has changed.
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Absolutely agree with this opinion. Now all that is needed for any investor is faith and serenity. Even if you bought bitcoin is very expensive - listen to your intuition and do not sell coins.
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