Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?
There is no win-lose here. Don't be stupid. Bitcoin's purpose is different,and same goes for Ethereum and Ripple. This topic has been discussed more than a dozen times and yet here we are. The difference between centralized and decentralized cryptocurrencies are that the former is more attractive to people who believe in banks/government/centralized control,etc. The latter is more preached by people who believe in anonymity/privacy and those who hate the government.
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YouTube never replaced television. Same applies for bitcoin to banks. They aren't meant to replace them,they are more like substitutes. Banks have a huge role,and they are organisations,and they are financial backbones of any economy. Meanwhile,bitcoin is a visual cryptocurency. There is a huge difference between the two. Know the difference.
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Stop complaining and wait for your good year. And why would they do that? People won't stop complaining until bitcoin goes into the bullish trend. Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year.
A year? That's a little too much. If you really are an investor,you can make profits even if you're in a bearish trend. Anyone who is complaining about bitcoin's price is just using it as an excuse to avoid their own failure. They knew what they got themselves into and now they play the blame game. Such miserable cunts.
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Its a really good video,especially because it focuses on economic points,there are talks about Bretton Woods system,and a lot more stuff. But yeah,even if you spread all across social media,people who have already come up with the conclusion that bitcoin is a bubble/ponzi/shit won't change their mind. People are who they are,they don't change usually. But still good luck though,try giving it a shot,even if it may seem to be all for nothing.
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Why care about this? They are a stock exchange, they don't even know how crypto works. People say a lot of things that they will do but it is all in thin air. Don't waste your time on listening to them. Learn something about crypto at least then.
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I won't say only US does all this type of shit but other countries do too. Cost of living has become fucking high and the taxes... I don't even have to talk about them. Funny thing with the US is, they keep printing infinite amount of dollars and yet they take the money from the public. I am still surprised that there hasn't been a huge huge riot on this cause.
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Most of them are at a ease of mind, it's just that panic sellers that are not at ease. They don't care, bother or listen to what anyone says. Their stupidity is awesome. 20k is not coming soon, we haven't even gotten over the bearish trend yet. To reach 20k, we need to reach atleast 10k first and for that we need to be in a bullish trend. So no.
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Why not? People will get high,and do all the stupid things that they wouldn't have done while they weren't high. Things will change for the better. Population might increase rapidly for a while but things will go back to control once they realize it. Jokes aside,obviously marijuana is not good for any economy, I don't know why Canada did it.
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Well,this is really good for them. It really gets on my nerves when banks shit around with you in the name of helping you. I,happen to know a financial institution which charges atleast 40% annual interest on any loan,and they collect so many other fees than that,which made like thousands of people who borrowed from that financial institution flee from that country because they were unable to pay it. Banks are becoming too much now,its about time,there comes a new change with better innovation. Banks suck.
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I am not sure if George Soros was behind the recovery because I had never heard of him until two weeks ago. I am happy that bitcoin has recovered but I have been saying this for a while now and I will tell again. This seems to be a very short bullish period. We may come back to the bearish period and have another short bullish period after a while,and the same thing happens for a few weeks,and then we may get into a bigger bullish period,followed by a bearish period.
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Risks are inherent or always there whenever we talked about investment especially Bitcoin and the whole cryptocurrency community. But how do you deal with these risks? What are your experiences or even techniques in managing risks? In minimizing risks or even eliminating it?
Risk is there for any investment. It depends on how smart you're. The more stupider,the better. Oh come on,risks are not always avoidable. Just take the damn risk and see the results,given you're smart or not too dumb.
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Am I the only one who has such a feeling?
Your feeling sounds so weird to me. Or it is possible that I maybe super weird. Either way,doesn't matter. We are not past the point of complete despair,infact we are not even close. This is possibly and most likely a very short bullish period. But if its not,then awesome.
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Not sure how exactly it would be possible. Unless someone gets access to 51% of bitcoin's blockchain,bitcoin is not "hackable". Exchanges and online wallets can be easily hacked though. But bitcoin on its own,is almost impossible to hack.
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Bitcoin has surged up to nearly 9000 usd. Many are rooting for a run to 10k at this point. The whole market is up because of Bitcoin's success. There still has not been any correction as many expected. Only time will tell just which way Bitcoin will be going in the upcoming week. At the rate it is going at now, the market may very well see bullish trends soon.
Yeah many are. "The whole market is up due to bitcoin's success". Lol. Pretty sure its not because of bitcoin's success. Its because of those pump/dump suckers. Bullish trends? So soon? Nah,possibilities are infinite but the occurrence is less.
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Robert Shiller, professor of economics at Yale University and co-founder of the Case-Shiller Index, expressed his idea about cryptocurrency.
Lol,his name is Shiller. Will the bitcoin disappear? What's the true value of bitcoin? What essence in bitcoin are we paying for? Bitcoin will not disappear. There is no true value of bitcoin,because of its volatility. Essence? Just because bitcoin is intangible doesn't mean it has a particular essence. You are paying for something called a cryptocurrency. You can buy and sell it,for anyother cryptocurrency or fiat,
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Bruh. Chill. You're angry at the bitcoin while bitcoin itself is not the reason for it. People,are to be put to blame for it. People are the ones who came up with pump and dump,they came up with forks and this all affected bitcoin and its users. The users were responsible for all of this. Losing confidence won't take you anywhere. Just suck it up,swallow your pride,regain your confidence and be smart even in the worst situations.
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McAfee claims that he has made some mathematical models to estimate the price of Bitcoin by $1,000,000 before December 31, 2020. On this interesting website, you can follow his model/bet and see if we are on track: https://fnordprefekt.de/If we are above the red line, or touching it, we are in good shape to reach the $1,000,000 prediction, if we go below, it would mean we are oversold, and therefore a good time to buy the dip. So far we are right on track after the big dip. Oh boy. McAfee is going to eat his own dick If he only believes the charts and technical analysis,it might not work well for him. 1,000,000$ is fucking hell a lot of money and within 2 and a half years,anything can happen. Wouldn't have cared,had he just told that bitcoin would reach a million dollars but what knocked my socks was that he told he'll eat his own dick. Ew. Btw,will he cut his dick off and eat it or what?
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I read about Bitcoin Lightning Network and i need some clarifications.. I understand that it will kill the high fees we see today and make it cheap and fast like altcoins.
1. Is it going to be 100% sure or just speculations ? 2. Launching date ? weeks/ months/ years ? 3. is it work on a third party service or it will work on and from every wallet (blockchain.innfo , exodus, electrum etc ? )
You'll find everything about lightning network here: https://www.reddit.com/r/Bitcoin/comments/7pwna9/lightning_network_megathread/It literally has everything you may want to know. Right now,its very much complicated for an average user.
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