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in fact no one knows for sure what the future of bitcoin will be like. we can only speculate and see from the facts that exist now. in my opinion bitcoin is growing from year to year from the number of users and the volume of trade is always increasing. and the number of countries that legalize bitcoin is always increasing. and the number of bitcoins is limited to 21 million coins. will make bitcoin a valuable item. so from here I can conclude the future of bitcoin is bright.
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It's no secret that many governments and central banks worldwide have paid close attention to the development of Blockchain technology. The same promises to provide lower costs and greater efficiency than traditional systems. Bitcoin's success proves that Blockchain is extremely ideal for finance. Once governments start rolling in their own digital currencies, people could see a reduction in payment processor fees like never before. Not to mention, transactions will become blazing fast within a matter of seconds instead of days. Which is why, it makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are too hard to ignore for central banks and governments worldwide. Everything will be much cheaper and efficient than it used to be with the traditional monetary system of physical Fiat. What are your thoughts?  yes I agree with you adopting blockchain will drive the country's economy for the better. because by using the blockchain the transaction process will be more transparent. so that we can avoid the financial crisis because of dishonesty. then using blockchain transactions will be faster, cheaper and safer. so do not be surprised if most banks have now adopted blockchain technology. |
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I think that's impossible because in this world there are so many countries and governments. there is no way they will unite in one system. if it's like that then there are no more strong and weak countries.
blockchain technology is a new breakthrough in technology but will not make all countries in one blockchain system. because every country has a different system and economic level. so cryptocurrency and blockchain can be adopted by certain countries but not to unite.
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in my opinion when google succeeded in making quantum computer technology. then the world will follow along with bitcoin and blockchain. maybe later in the future bitcoin developers will work hard to further improve the security system and so it is not easily hacked by quantum computer users. so as long as bitcoin developers and users can increase their security. nothing to worry about.
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in my opinion the presence of bitcoin has helped a lot and saved the economy of many people. It gives work to many people in the world and many inspiring stories about bitcoin. and now there are also many charities that want to accept bitcoin as a donation. with bitcoin we can also make international transactions easily, quickly and safely. a little or a lot of bitcoin has provided many benefits for humans.
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Before investors are everywhere in crypto currency specially mid 2017 but everything change
Ico's started to boom in the internet, you can choose a lot
of ico that you like, but then started to change , there are ico that are scam, running with investors money in a snap, lending platforms also can be seen, the same happens they suddenly disappear
we have already have a very good market if there are no scammers
they change everything, now investors are so hesitant whenever there is a new coin that are good but they opted out because they think its a scam, I think we should find a way to lessen or better eliminate them for good.
I agree with you because the more scammers in the crypto market make investors afraid to invest in new coins. and I don't think we can get rid of scammers. Scammers are always in cryptocurrency and in fiat money. and from 2018 until now we have been in the bear market where almost all coins have declined. of course this situation makes investors not interested in investing in the crypto market. |
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to trade safely naturally we must really understand crypocurrency. starting from bitcoin, altcoin and exchanges. we must learn everything before entering the crypto market. and in my opinion there is no harm in asking for advice from people who have long been trading in the crypto market. of course the person I mean is someone who can be trusted and you already know him well. and for beginners if making mistakes is a natural thing to make mistakes as valuable lessons.
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as long as bitcoin has high fluctuations. bitcoin will not be suitable as a currency for payment. and all countries in the world also have national currencies. then I think our society is also not ready to become a society without cash. so in my opinion for now bitcoin will remain an investment tool and a store of value not for a means of payment.
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in my opinion your investment strategy is quite good. You always set aside $ 250 to buy crypto. diversifying investments is a great way to minimize the risk of loss. because when one coin goes down we still have another reliable coin. I will add two more coins, namely ethereum and litecoin. in my opinion these two coins are also very potential.
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in my opinion the world economy is experiencing a recession due to a trade war between China and the United States. most of the stock market has declined. and most currencies in third countries weakened because the dollar strengthened. and when the world economy goes into a recession some investors will definitely choose to move their assets to financial instruments that have lower risks such as gold. and maybe some will go to bitcoin but I don't think this will affect the price of bitcoin too much.
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in my opinion not ready yet especially for a third country. most of the people are not yet aware of technology, and the spread of the internet is not evenly distributed and there are still many people who do not understand digital money and then they also do not have adequate infrastructure to support cashless society. so I thought this would take a long time to be done.
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I think we have to wait until 2020 to be able to answer these questions. because until now there has been no announcement on the exchange where we can buy libra ?. what we know for sure from this libra is a centralized coin which will later be governed by the libra association. Libra Association consists of several large companies such as Mastercard, Visa, Paypal and others. but I heard that the three companies had decided to leave the association.
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maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
yes you are right Asia can be a big market for cryptocurrency because its population reaches 4.6 billion. and in my opinion cryptocurrency only takes time to get to mass adoption. I see the development of crypto in Asia is very positive. in my country Indonesia cryptocurrency has been established as a commodity subject that can be traded on the futures exchange. and in other countries such as Singapore, the Philippines, Japan and Korea crypto have also begun to be accepted as digital assets and in some of these countries there are legalizing bitcoin as a means of payment. |
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in my opinion crypto will educate them to be better if they want to do research and trade. and in my opinion some crypto users now are this millennial generation. therefore I am very supportive if anyone from this community wants to enter campus and high school to promote bitcoin and cryptocurrency. by studying crypto and trading they can earn their own income not just by relying on parents.
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yes I agree with you OP even though cryptocurrency has been adopted en masse. the bank will still be there because the bank is a government agency to control money if there is no bank, the government will not be able to control the circulation of money. and now the bank already has many members so the bank won't be lost. to support crytocurrency the bank will adopt blockchain technology. so in my opinion the bank will also support cryptocurrency in the future.
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in my opinion the government will never support bitcoin because they already have a national currency. and they cannot possibly support a currency that cannot be controlled. and the government will not support bitcoin because anonymous bitcoin can be used for criminal acts. like for money laundering and buying and selling drugs. so I am sure the government will not give national credit to bitcoin.
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they don't accept bitcoin payments because in their country bitcoin is still illegal. and they have a unique way to promote bitcoin and cryptocurrency. by creating a cafe like this, many crypto users will be interested in visiting this cafe. and this is also useful for lay people. at least they will know that there is a digital money called bitcoin.
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before buying bitcoin, of course we must understand bitcoin seriously. and we also have to prepare mentally. we know that bitcoin has high volatility which makes people get rich quickly or on the contrary makes them bankrupt overnight. therefore I don't rely on bitcoin as my main opinion of investing in bitcoin for additional income. so when I think the value of bitcoin goes down I will buy and after that I will hodl until bitcoin goes up by 50%. and don't see the price too often, it will stress you out, wait until there is good news.
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We can’t say the bull is back if the price pump for only $400 because it can still drop just like its current price today and maybe we are heading back to a strong bear market since it drops again and bitcoin can’t hold the bull longer than expected. We can say that the bull is here if we are able to hit $10k and above, so let’s wait for that.
I agree with you too early if now we say bitcoin is bullish. because the value of bitcoin is still fluctuating. when the OP said the bitcoin bull fell again to $ 7500. and maybe it can go down again to $ 7k. I would say bitcoin bull when the value is above $ 10k. and maybe it will happen early next year. this is my prediction. and everyone is optimistic about 2020 on bitcoin halving day. hopefully 2020 bitcoin to the moon. |
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Until now no one knows for sure who Satoshi Nakamoto? but I don't think that's the government. because most governments reject bitcoin. and also because bitcoin is decentralized cannot be controlled. I think all governments do not like anything that cannot be controlled. so in my opinion satoshi is not the government. This Satoshi Nakamoto may be a person or group of people. who want to find solutions to the global economic crisis that occurred in 2008.
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