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I believe Bitcoin has this and many more still needed. But I think a important factor that can rapidly make Bitcoin a popular payment method is if the ruling/government bodies can control and be in charge of it such that they make rules and modalities that others follow just like the fiat system, then Bitcoin will surely be a popular method of payment.
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The main aim of cryptocurrency is decentralization, personally I think bitcoin is decentralized and I think centralization is going to defeat its purpose as it will allow for enhanced manipulation and capable controlling it . so its more better and fulfilling for decentralization is the future of peer to peer transaction.
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Last year was a year that we experienced massive bullish run towards the ending of the year. However , cryptocurrency has faced a lot of massive dip this year as a result of SEC regulation. We still expect bullish run this year so we can smile again and be happy for investing into cryptocurrency.
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I think its wise to say that the blockchain technology is fighting for itself daily. There is increasing usage of this technology all over the world even if Bitcoin is neglected or preached against. So we are winning, it doesn't matter now whether they give credit to satoshi or not because at the end , there is no escape route for all blockchain technology users than to give credit to IT.
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I think these are good points to observe. In crypto, there is always reasons for everything. Dont folow crowd or trend because it can kill you knowledge and Investment. Anything you can't find a reason for either with FA/ TA then its not really worth investing into.
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There is nothing fishy or tricky about this. Bitcoin is the king and most times other coins follow its lead. The most important thing is that when there is a bull run, most coins rise as such as Btc.
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Maybe we can say No in a partial term. This year has really been hot for cryptocurrency with a lot of occurrence like the regulation by SEC , hacking of exchanges and some petty scamish ptojects. We are still hoping for the best maybe after the regulation then crypto can go mainstream so that many investors can invest and we return to the BULL Season.
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There are so many things I do during a price fall. I learn so many things, I invest in the dip of some promising coins based on my research. I took some time off to have fun and be with family and loved ones. I learn more and more about cryptocurrencies.
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All I can say is that your security and safety is in your hands. Everyone will take responsibility for that. Keep your wallet details and keys safe, don't keep your assets on exchanges, don't give your details to a third party. These are all that is needed to be done.
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Actually its impossible to track whether anyone is having Btc or not. Even if they got the address to check the btc balance, the owner is still incognito. As of now, there is no kyc system that can track if anyone has btc and the owner respectively.
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Actually its impossible to track whether anyone is having Btc or not. Even if they got the address to check the btc balance, the owner is still incognito. As of now, there is no kyc system that can track if anyone has btc and the owner respectively.
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Definetly this causes drop on value of cryptocurrencies and additionally , people do panic sell even at loss. Because of he fear of losing their money, investors will try to panic sell which will cause price reduction.
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What traders need to know is that the cryptocurrency is interconnected. All coin cannot moon or be at the same level every time. Most times its always alternating. In this period i think the exchange coins are doing well. They are good for short term and long term.
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Honestly I do not get bothered with whether cryptocurrency will replace fiat or not. Only time will tell. This is a day's job and not only sweet saying. What cryptocurrency and blockchain technology will do is what the world is waiting for. Lets join the train and be part of history.
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The truth is that, not everyone will be holders and all holders have different targets for holding. The ideology and revolution that these cryptocurrencies bring to our everyday life is what is going to change the world. Not whether you hold a coin or not.
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Bitcoin will prove itself . as the blockchain technology is gaining more popularity its getting more clearer that cryptocurrency is the new innovation that will revolutionize the present world. Its still developing now and very soon, many people will regret not taking the risk to invest as early enemies back then are regretting now.
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Certainly time will come when a permanent solution will be incorporated to solve the Bitcoin transaction fees and time issues. I think the lightening has good plans to do this and we hope for it to be incorporated to better bitcoin user experience. However, other solutions can also come up lateron to perfect this.
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Majorly , I don't believe in whales manipulating the market. This has always been the talk of the day and there is no real and solid proof for it. Trading will always involves increase and decrease in price by simple logic. There will be high increase and high decrease when there are certain events , more buyers or sellers and so on.
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Obviously bitcoin is the safest and easiest way for money launders as there is No verifications, no KYC, no intermediaries, no middle man for the transaction. Unfortunately the double standard being used by the agencies is disappointing and something needs to be done to it. When incidence like this are being discovered, there should be equal and proper judgment without any partialness.
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