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Most of the investors in this forum or in this field of business are not actually really a good traders, they've came here because they believed that their capital can multiply or leverage once they invest into ico or invest in trading market by simply buying coins in the exchange platform. And Using Fiat was a big help then due to without it we cannot afford to have crypto or bitcoin, this is true and reality happens. which means Fiat will always be a part while crypto exist especially nowadays, Fiat still prevails rather than crypto or Bitcoin.
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Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin). Will the impact be positive or negative? The impact could be both, it is because not people will adapt and understand it easily. Though, there are some country in Asian place accepting the concepts or system of crypto/bitcoin such as Vietnam, India, Indonesia, Singapore, China, and more. But the good things was that, crypto will become more trend and popular all over the place in Asia. |
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ?  Sri lanka is not the only country who did banning crypto, there are others do the same thing like Russia if I am not mistaken, but in the end they've revoked it, then now they are very opened into crypto/bitcoin, because they've found out that Crypto and bitcoin could give a big help to their economy and to their citizens too as well. |
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Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
From 2009 up now 2018, bitcoin growth has a good effect for the business minded persons. Then, it became trend and popular in the entire world without the regulations of the government. Meaning, the government had nothing to do with it to make more better, instead it will be a headache for us being a users of altcoins or bitcoin. Therefore, decentralization was still a good concepts of bitcoin. |
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- We must have our own way to keep our Bitcoin safe. The account we use must have a unique password, and not easily guessed.
- Do not equate account passwords associated with Bitcoin with other accounts such as social media, because it is vulnerable to hack, let alone the followers of its social media a lot.
- Use two-factor or 2FD authentication. Additional security layers are easy to apply. Quite a few apps like Google Authenticator as a 2FD installation provider. In essence, it works as a second security layer after the password. When you've entered a keyword into your account, the system will request a two-factor authentication code. The six-digit code does not need to be memorized because it changes every 30 seconds.
- And one more, do not trust everyone. Suppose we provide information about our Bitcoin account to our Mother, it is not impossible that our mother could just tell it to someone else. With the spread of such information will increase the potential for breaking.
2FA is the most effective way to apply or to use, then always bear in your mind to keep your private key, or if there is phrase seed keep it or save it on the safest usb you have and do back up with it. This is just an additional tips or advise. |
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I think people getting wise to Tether is just about to explode. Probably 50% reduction in all cryptos in the next two days. Mark my words.
Until now most altcoins are still in downfall price value then if ever there are some pumped their value it just only a hype. its really to say when altcoins or bitcoin will starts their bull run again. Our patience really measures on this stage, just don't up on holding your coins. Because its not the end of crypto. |
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Most of them are leaving crypto. But, for some reasons, this is the opportunity for the traders who want to start to trade, just buy crypto now and wait until 1 years later.
I think this is true, when the market is down, this is good news for the experts and veterans traders. If many will get panic to sell their coins the price itself will rapidly goes down then some of the traders will take the opportunity to buy a huge of it then hold a little while. Therefore, there is not in my vocabulary to leave crypto just because the market is down, of course! |
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Switzerland’s stock exchange – owned and managed by SIX – has announced its intention to begin offering crypto-specific markets in the very near future. The new SIX Digital Exchange, SDX for short, is – will be fully regulated by authorities in its native country, and backed by the Swiss National Bank, in the same way as its main exchange.
This news has no difference with the other country who has an exchange too, were bitcoin accepted in online transaction. But I am hoping that this news will give us a good effect to make Bitcoin will get increase but for now it is not good to say that bitcoin is getting higher instead, its playing its price value in between to 6500$ up to 7000$. |
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Crypto really helped me a lot, and it gave me profit through joining in any bounty programs. Although, there are some of the ico project ended
into scam but still I'm not looking to that side instead in positives outcome of the ico bounty who are paying me after their campaign, then after
that I have my profit from crypto to bitcoin as well.
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How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
Well. they have a lots of way to make profit, and one of this are loan programs such as in housing loan, car loan, then I think pawning is also includes to their earnings, then in some other ways they gave interest also for the maintaining balance savings to their clients too. That's all I know, that's it! |
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As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of virtual currency or bitcoins.
Some says that Bitcoin BTC will become the world currency in the near future according to the experts here , right? If Bitcoin will become the world currency I think the future of altcoins will disappear in my opinion. Because, Bitcoin can bitcoin according to some community would be the replacement of fiat currency.  |
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
In my understanding now about in bitcoin was that it is being used by the users so far as sending money through different remittances in different countries. Then, we can also have a savings in the near future if we hold it in a long terms, aside from that bitcoin was commonly used for online payment transaction it can be use to as your business too. |
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I think Bitcoin in 2019 will be like the time of 2017 where it goes up to the moon until it reached more than 19k$ almost, so same goes in my assessment in it. That's why for what I'm gonna do now is I'm buying some of the potentials coins which I knew was on cheap price value like Ethereum, Etc, Nem, Omisego, and Ltc. |
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For me yes, Bitcoin is safer than bank but I'm not saying that bank is not a good things keep our money to them. It is just more like that in Bitcoin savings there is a probability were your amount of money could become x3 up to x10 or more depending on the price value of bitcoin when it goes up rapidly. And banks are requiring many documents while in bitcoin is not.
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I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?
there is no required amount if we want to make start on doing trade in exchange platform. But the exchange itself has a minimum amount for us to start in making trade to their platform. Now, if you want to earn big you need to have a big allocation budget to buy a huge amount of token in the platform. This is just my opinion |
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I think it is much better to use 3 BitcoinBTC to buy some of the altcoins that has a full potentials to get higher and can possibly a big profit in
the near future, like Nem, Eth, and Waves these 3 for sure can give a secure earnings in holding them in a long term as well.
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Cardano has become a prominent coin in the crypto-sphere and is the largest threat to Ethereum. Its platform use case bears a lot of potential, which became particularly apparent after the introduction of the Marlowe application. In order to execute financial contracts, the Marlowe application targets the financial sector, which is akin to Peyton Jones. Currently, Ethereum dominates in escrow services but Marlowe provides a better value proposition compared to it. From: " Is Cardano catching up with Ethereum?" How do you think? Will Cardano be great? Both are good but still I would rather go for ethereum though its on stage of undervalued so much dumped. But I still believed everything will be fine and it goes up again or more at the right for sure, just stick unto it and more patience to keep on waiting. |
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May be this year is the worst year for the crypto. market is very uncertain and no one knows the reason All we have is just a "hope" do you really believe that crypto will revive again.. i am losing hope now
There's nothing new on this movement, instead this is normally happen in the market. Actually if things happening it means its a sign for us to buy then hold the coins we bought in, and there are always 2 things happen in trading market go up and down its value, just simple as that. |
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Crypto Currency is fastest way to get rich ?
How long have you been with crypto?
Have you reach your goals yet?
what do you think about this topic?
How long have you been with crypto?
- I've been here in crypto for more than 1 year almost. Have you reach your goals yet?- I think I've reached my goal approximately 50% of my goals in life. what do you think about this topic? - I think you can be rich in crypto depending on the coins you hold that's what I've been thinking about. |
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Why is Bitcoin tied to Fiat? Why is Bitcoin value moving like a stock? satoshi said the value will be derived by the limit of total coins. But we are seeing the opposite. Why dont we mathematically calculate the value of bitcoin according to the amount of bitcoin mined?
Like
Agreed Value * Bitcoins Mined = New Value
0.0010 * 1 = 0.0010
0.0010 * 2 = 0.0020
For me there's a big difference between Bitcoin and Fiat, for now bitcoin was only being used for online transactions while Fiat currency was being used in several ways, like payment to all Food business, car vehicles, Houses, Furniture and transportation and even doing saving money in any banks. |
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