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Indeed, bitcoin will be fine and we just need to calm down and do our best in order to get more bitcoins at the cheapest price because as the time will come that bitcoin is now in a bull run then a lot of people will regret for not buying bitcoin at the cheap price and that is why even it is falling down, it will still be fine.
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If bitcoin was banned then it will be a huge issue because a lot of people are doing their best in bitcoin and they are all collecting bitcoin and keeping it on a safe place for an expected return which can make them a rich person in the future. Bitcoin is a really great currency but even a simple banning decision from a country for example in China, then it will affect the whole market again just what happened in ICO banning.
I think there are many attempts from governments of banning bitcoin but its not an easy for them to destroy such a decentralized system because the system is between the user and the blockchain through internet maybe they should have to shutdown first all internet network in order them to succeed but not will never be happen since the world is running by internet, but I think there are government that are now slowly adapting to crypto currency. It is easy for them to destroy the cryptocurrencies because they have the control under their country and by making a law or order, it will easily ban the cryptocurrency and if all of the countries or governments will do the same then the decentralized system will become useless because everything is under control by the government and that is the truth. |
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I am not aware that some of the banks in the world accept bitcoin because all know is the banks are against cryptocurrency and they don't want to get involved into cryptocurrency like bitcoin because it will just become the reason for them to fall and lose the chance to take over the control of financial system.
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We don't know and we can't tell if bitcoin will continue to fall this year or it will have a recovery for the price and have a comeback but the only thing that is sure is to hold on to our cryptocurrencies and don't let them go because it is not a good idea to just sell now and forget the losses because we will recover those losses soon.
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We should set a case to the state, how to utilize bitcoin and clarify every one of the advantages if bitcoin is authorized with the goal that the legislature can pick up learning about the advantages and inconveniences of bitcoin. So the administration can take approach for the fate of the economy.
i think that government have an idea about what is this currency , so the specific point is they dont absorb on what they can actually can ever be made to do for this currency whyy cause they think that it was threaten and also for the way on how the soem banks think of bitcoin too. The government are just being careful for the possible consequences if they are going to accept this cryptocurrency and i think, because of those things it makes them afraid or scared about this cryptocurrency because they are thinking that it can end up the centralization in certain country so they are still hesitating to accept it. |
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I agree with them that the fiat will collapse because they are just simply scam because the inflation is the reason why they will fall and why they will collapse and the gold and the cryptocurrency will rise and that is the reason why i am not putting a lot of money in the bank because i know that it is more worth it to keep some of my money into assets.
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As long as it is about or related to technology then it is a good career for a student because we are now in the era where we are starting to create the fantasies that we are visualizing for the future, in short we are now in the era of technology so a career that is related to technology can really be useful in the future and even now.
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If you are not into mining of cryptocurrency especially bitcoin then there is no electricity you need to get a bitcoin because you can just use your device like laptop or cellphone to work into different places like this forum by joining bounty campaigns and get a reward in form of token or coin and that is enough for you to expect bitcoin at the end.
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I agree that awareness is the biggest influence because if we are aware then the other people can see that and that can influence their decision making to try the things that we are aware of and see by their selves the results that we are dealing with. Awareness is a must for every people in order to spread the things that we knew that it is great.
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Bitcoin cannot be a national treasure, it can be only a personal treasure because being a national treasure means that the country recognizes a certain thing as their treasure or an important thing while bitcoin is not like that because it is an investment and only those people who invested their money to buy bitcoin can treasure it because not all the countries are really into bitcoin.
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The world is always ready for any changes because we all know that the only permanent thing in this world is change so the countries and the government just need to accept the fact that cryptocurrency is here to help the countries to change into a better one because if they will not accept it then they will just undergo into a slow progress in achieving the success.
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people need to want to open their minds first before anything you say or do can change their views of bitcoin and the technology. and if they already have an open mind then the "knowledge" is already out there to be found and learned, you just have to search for it. for example you can go to bitcoin wiki or other proper sources such as some of the books that are written like the Andreas Antonopoulos book called Mastering Bitcoin and learn more.
a forum is just a place to share your opinion on the matter, discuss things, or ask questions about things you didn't understand. it is not a place to learn the basics in my opinion.
I agree with you by all points. When I was talking about bitcoin outside of this forum I used to get that negative feedback, most of the time people were not open minded. They do not process information, just listen and have no clue what is going on, making a conclusion at the end with some very superficial thoughts that they have and that's it. Those who wanted to understand became a members of crypto society. Now some of them knows more than I do, just like you said they learned from sites, video clips etc. The internet plays a big role for the people around the world because beside from being the key for us to have bitcoin, it is also the best way to get the information that we want in a very fastest way because just like the older people used to do, they are going into libraries to just get information now we can just sit back and relax while searching for the information that we want. |
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I have a sweet and bitter experience about bitcoin, the first sweet experience that i have is the profits and the consistency of opportunities to make money but now the bitter experience that i have is the cryptocurrency are now in a falling down aspect and the profit making opportunities are now skeptical to me.
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When the price of bitcoin is high or so close to the top, i used to do this. I used bitcoin to do online payments just to save time because it is very convenient that you just need to use your phone and execute the transaction and the receiver will get the bitcoin pending transaction as soon as possible.
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I remember when the days are just like these, a lot of people are saying that it is the end for the cryptocurrency because they are seeing blood in every market but after a few months, the market manage to escape from this bloodbath and it moves to the top and prove that most of the people are wrong from accusing that this is the end.
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This is what the people should always put in their mind and mindset, they should invest their money and don't have regrets but it is more important if they will be learning or studying the investment that they are going to try in order to have no regrets for their investment if something goes wrong.
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A person is not necessarily a coward if he does not want to invest a lot of money in bitcoin. He can just be careful. Yet, bitcoin can not be called the most reliable investment in the world.
A lot of people are doubting cryptocurrency but i know that at the end, they will be putting a lot of money in the cryptocurrency market. It is good if they are not going all in into cryptocurrency because that is the safest way to make more money, just learn to diversify and put your money into different opportunities that you want. |
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Even if some coin is moving faster, why hasn't it surpassed bitcoin so far? I think that this is impossible, in the near future for sure. There is no better coin than bitcoin yet.
It is true that there is no other cryptocurrency that is better than bitcoin, bitcoin is still the best coin in the market right now because it is the very first cryptocurrency and the king of all of the cryptocurrencies where they depend to it on what they are going to do if they are going to downtrend or an uptrend. |
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A lot of the experts including Robert Kiyosaki that it is all worth it to just buy gold and cryptocurrency because the big crash is coming and whether it is going to happen or not, it is always worth it to buy gold and other means of investment like the cryptocurrency because they will be so expensive in the future because they are taking advantage of the inflation.
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It is a very great news that even though a lot of people are doubting the cryptocurrency, there are people and big companies like the mastercard that are now engaging and really believing in the cryptocurrency and that is a huge step for cryptocurrency to level up its worthiness because we are really seeing huge adaption.
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