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Bank is a partner of people in terms of savings and credit loans. So,it's possible for people to live without banks. Also cryptocurrency is not yet accepted by the government. There a lot of things to consider before we can say that people can live without banks.For now it is impossible to happen.
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Getting rich in bitcoin in just a second is very impossible to happen. There is no person become rich immediately because it takes time. When you invest now you can't also get the profit now. Specially if you only have small amount of capital to invest. Also making a huge profit out of bitcoin is just a matter of luck and patience.
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A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC
In our country it's so easy to spend bitcoins and some altcoins like eth,xrp and bch because we have an exchange that we can convert automatically into our local money. But we can also use it directly to pay our bills. It's very convenience to use and hassle free. |
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Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?
Thanks!!
That is a good news in your country and a big opportunity for you and other people there using crypto to open and operate business that can accept payments using cryptocurrency. It will not be easy to start but it will give you profit and it help crypto to become more popular in your country. Try to put up restaurant or internet cafe which accept crypto as payment. Also a local exchange so that it will not difficult for your fellowmen to exchange their crypto into your local money. Hoping that this will not only happen in your country but also in the whole world. |
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I guess they can't really beat Bitcoin.
Just saw on Reddit where
An old article states dated September 13,2017
"bitcoin is a fraud that will blow up, says JP Morgan Boss"
And now May 12,2020
"JP Morgan Extends Banking services to bitcoin exchanges"
I guess if you can't beat 'em join 'em.
So i guess as my opinion on bitcoin future will be stable and no coin will take over it.
So whats your insight about this news? What will happen in bitcoin ?
If banks will extends a banking service to bitcoin exchange it will be good. More and more people will use bitcoin and it will become more useful in the future. For now there is no other coin that can take over bitcoin but in the future we can't tell if there is another valuable coin exist in crypto market which are able to take over bitcoin. |
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After I read from a number of trusted sources and it turns out I get information, if the total number of bitcoins in circulation is 21,000,000. but if demand continues to increase, this number will be added again.
and the My question is very simple ...
Who will increase the amount of bitcoin, if then the demand increases ??
Did they Is make this bitcoin, actually ??
Bitcoin supply is limited and fixed to 21Million and this is known by the creator Satoshi that a limited supply will make it valuable. That means no one can increase the amount of bitcoin.The market demand can make the it more and more valuable. I think you need to learn the law of supply and demand and study the history and essence of bitcoins limited supply. Then i'm sure you will understand and able to answer your question. |
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A real trader is always a trader even if he get lost from his previews trading he will continue to trade whether the market is up or down. Those who did not experience trading i think they should learn and try specially this time that we are stay at home because of pandemic,it was a good chance to earn while at home and don't have work because of covid.
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Hi Guys i am planning to buy Bitcoin and few altcoins for long term holding. I want to hold at least two altcoins from my list. Can you guys suggest me it is safe to buy below altcoin for long term holding? Which Altcoin is your favourite and currently holding??
My Altcoins list: Bitcoin Cash, Ethereum, Litecoin, Zcash, Dash and Monero
Bitcoin is the best coin to hold for a long term period but altcoins is good for short term investment. Why not try to do trading with altcoin? I believed it can give you more profit for short term like ethereum,it has a good market movement for a short term. Also add BNB because i think this coin will increase more,just need more time ,so i think it's good to hold it for a long term. |
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I don't believe in ICO ranking sites. Most of them are paid and not real.
The more they get from the team (payment) the better the rank they will give!
What I am looking for in ICO is looking at MVP, live and working products. Something that really can make a difference. Not just empty words with fancy pictures.
You right,ICO ranking is not real because it is a money matter,the bigger you pay ,the higher ranking you get. It's really disappointing to the investors because ranking is just a deception just to attract more people to invest on their project. That's why if we invest we should study the project very well and not rely on ICO ratings. |
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Taking consecutive losses in trading has led to a lot of blown accounts. Losses affects us psychologically and doesn't make us think logically. Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses? Share your experiences and techniques, this will be helpful.  I do a short term trading in order to gain even a little but sometime we can't avoid that price go down drastically because we know market is volatile. If that happen i stay calm and hold tight my coins and not selling it in a deep to avoid losses instead i will wait patiently that the price go up again. But nobody knows when the market recover that brings the value to grow.That's why in trading you should have more patience,calmness, and positive mind so that you can handle your losses. |
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You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Exactly! A good trader must be a risk taker person with positive mind and not afraid to lose if ever because trading is a play of gain and loss. If you don't want to lose then don't try to enter in crypto trading. Crypto market is volatile and you can't avoid of losing but you should learn how to minimize it. |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
The question is,How much do you have in your pocket and willing to invest and start trading? How much you can afford to lose if ever? Anyway you can start trading even in a small amount and if you really know the strategy to gain profit in trading and not to lose then you can add more investment if you want. |
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MEW wallet and Metamask is the best ethereum wallet i used and here in my country ,we have a trusted wallet that you can store your ethereum and you can cash out it easily,the Coins.ph....theres a lot of wallet that you can store your etehreum ,it's up to you if what wallet is the best for you and you want to use for your fund.
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Bitcoin has a value because people give value on it and patronized it. They understand the nature and importance of bitcoin and accept it a valuable digital.currency. Also the creator of this bitcoin is so genious,because he/they make sure that people will accept and use it. That's why the demand increasing since from the start until now that keep this coin valuable in crypto world.
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Now is the right time to buy and fill your bag if you have money despite of this pandemic problem. It's time to buy while bitcoins value is lower.
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Bitcoin will remain the king of all crypto and no other coins can replace it. Bitcoin is a strong digital currency despite of ups and down which is just normal in crypto market. If you know the nature of bitcoin ,i think you will not ask if there is another alcoins rise to replace bitcoin.
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With the society collapsing , I fear for a common man , I fear for the families who were already living on the edge and now without any jobs , without any money , they are surviving on the brink .
Yes the government is distributing food for the poor , they are doing whatever they can , but it is not enough .
Just like , we are able to transfer our education system , all online in a matter of days , why are they not doing the same for most of the offices ?
Even at the time of the crisis , corruption still can be seen , when a country which is considered the most powerful , the US , when the people cannot trust the president itself , who can they trust at that time ?
I do know that people engaged in cryptocurrencies are way ahead of the time, so do you guys think there is a way by which jobs can be provided to the needy because we all know that a vaccine is 12-18 months away .
Things will take a lot of time to be normal , till then how will the economy survive?
Government can't afford to sustain peoples daily needs. They provide food good for 2days only then after two weeks before they give another foods for 2days again. How people live in that way? Crypto is a good opportunity and alternative jobs but are those people know about crypto? Also bitcoins value now are dropping because of those who sell because maybe they need money also for their foods. We are all in difficult situation right now. |
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How much you can earn in airdrop and bounty? Which is the fastest way in earning?
Of course bounty....you only need hard work and follow all the rules. Also just find a better bounty for a better outcome and earnings. Airdrop for me is just a waste of time. |
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COVID-19 is still spreading around the world, there are so many lives that passed away because of the virus, but despite of danger that this virus can give to use, it teaches us something in our lives.
1. Our earth feel free because there are a lot of company that produces air pollution that is being closed.
2. There are so many people who clean our environment, there is general cleaning in our community.
3. People learned how to be careful and protect their health.
4. Because of this virus, the government decided the lockdown on our are and by that we get so much bonding on our family.
5. There are a lot of cancelled activities and gathering such as (night club, vices, etc.)
6. The virus makes us so conscious on our environment.
7. Our camaraderie increases.
8. Our faith on our God increases.
I know and I believe that we can overcome this problem, let us all help each other, stay at home to prevent the risk of spreading the virus.
That's true...we learned a lot from this pandemic although we suffer difficulties ,many people are infected with this virus,many are deas and our economic status are now down but if we think and look ,we can see changes in our environment that we already forgot for long long time. God has a purpose for everything that happened and time will come everything will go back to normal. |
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