Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.
But does anyone control it?
Ask yourself this—
How are Bitcoins created?
Who is incentivised to create Bitcoin?
Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
I think bitcoin market is not controlled, bitcoin is hold by more people and market can't be controlled. Bitcoin is mined. Bitcoin should value more because there is limited supply and demand is high. |
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Payment requested on 210-05-2019 from Bits Pays, but still not received payment...
Please advise any body...
What is bits pays? You reffer to this https://bitpay.com? Or is a cloud mining site? Give more info please so we can know what is it |
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People should do research and after should ask community and even if there is a scam attemp they should always check better and never invest on something looking suspicious.
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I also use coinbase, i'm not on UK, but you can start using it, it ask kyc but should not be a problem, and i mostly use pro coinbase and when withdraw bitcoin there is no fee.
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For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto.
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I think bitcoin will remain the "real" bitcoin, and people should always invest on it and not on bitcoin x or y, anyway they do what they want with their money, but i like that Satoshi create bitcoin and give a good opportunity for people who join crypto. But i think miners will not reverse the chain because if will do so they will lose.
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I think invest on bitcoin and ethereum is the best choice, i never invest on XRP and i don't believe that XRP will grow a lot even on a bull run, maybe the price with USD will grow but only if bitcoin price will grow.
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I don't think bitcoin is a escape plan for FED and Bankers, bitcoin is a crypto coin and will always be used for people and even if bankers will want to use as an escape plan is not possible because bitcoin has limited supply and a good % is already hold by people.
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I don't think governments create bitcoin, i see bitcoin as a helper for people and a way to make some money if buy when price was down, and also a good option to hold money for long. Governments not want to create something they can't control and also most of them not want to help people.
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Well we trade and use crypto a lot but at this time we still need banks when we want to buy crypto or when we want to cashout crypto be because not all shops accept bitcoin and still need fiat money.
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Bankers should accept bitcoin because they can win more if let people use bitcoin and cash out via bank, but is their choice. 100k for bitcoin we will see that price but not soon.
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Possible he is right, but the main reason for financial crisis is made from political people because they mostly make bad decision and affect whole population, but i think a new economy crisis will not come.
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Well i think if this coins Facebook coin, Amazon coin will be "stable" or not they will not affect another crypto and bitcoin will be still used more and maybe even people who will use Facebook coins or another will start using also bitcoin.
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Even if is banned on this 2 countries this will not affect bitcoin price and will still be used for long. I just want to ask, on China is banned only mining of bitcoin? And not holding or use bitcoin and trade, or i'm wrong?
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I also think Ethereum and Bitcoin are best to invest and always over time give a profit if hold for long, and i think who buy bitcoin on bull run will get a profit if they hold it for long.
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Well gold is physical while bitcoin is virtual, but both have their role, while gold can be stored and sold when want, and bitcoin can be used for payments is more usefull bitcoin on my opinion then gold.
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Is a good way to promote crypto, i wish all people to do this if they afford and maybe there will be mass adoption only if people will learn how to use it and after we can have a new ATH for price.
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If have enough money i will choose gold and bitcoin, i know is risky investing on crypto but i think on long term we can have a higher price for bitcoin and get a nice profit.
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I think 2 hardware wallets will be enough, just in case something happen with first hardware wallet and can't turn on you have second one just in case, and always backup your passphrase and write it down multiple times and store them on different location if possible but make sure no one will access it and steal your coins. If God Forbid! house burn make sure you have the passphrase saved on another place before because without it and without hardware wallet you can't acces your coins anymore.
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But people who travel there and have bitcoin on phone wallets or a card which is loaded with bitcoin and pay with card on shops or on hotels will be arrested?
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