Bitcoin would be very helpful for many parts of countries if it would be the only currency in the economy of countries. But there would also be risks of course. For example; Bitcoin could cause countries to have very hard days because of its volatility in its price.
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It is really amazing to see that we are closing down for the last Bitcoin to be mined but there is still more than 100 years of course. Anyway, it is good to see that such amount of Bitcoin has been mined already.
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ATMs are one of the most used things that people use when they want to make transactions like depositing or withdrawing money etc. . Bitcoin is too popular now and the number of people that choose to use ATM for their transactions is increasing every day.
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In my opinion, if you are using cryptocurrencies regularly, you should abide by the rules in your country and pay your taxes on your cryptocurrency. Maybe you won't get any punishment in the near future but it is possible any time as long as you live.
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It is a very good education method for students to learn about Bitcoin and the system of cryptocurrencies. I believe lessons like these will continue to increase and will be helpful for students to improve themselves in this field.
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I wish that Bitcoin price would never lose suddenly lots of value and so be less volatile. Then I think Bitcoin would be a candidate to be a global currency for sure. But that is not the nature of Bitcoin and so it is a far possibility that Bitcoin to be the local currency of all countries.
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It didn't surprise me that British Tax Authority says Bitcoin is not real money. We have seen similar statements from some other places too. They just see fiat currencies as real money but I believe it will change in the future.
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In my opinion, there is no way that Bitcoin will disappear in the future. It is the most powerful cryptocurrency in the market and it not that easy to destroy Bitcoin. I think Bitcoin price may go back to its first times at the worst in the far future but I don't give much chance for it too.
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Böyle gelişmeleri gördükçe insan Bitcoin fiyatının yerinde saymasını da çok sorguluyor yahu. Gerçekten ben bu kripto paraların yapısını çözemiyorum ki çözmek de çok zor görünüyor zaten.
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Şimdi şöyle bir şey var ki halving demek kesinlikle fiyat artışı demek değil yani böyle bir zorunlu sistem gibi bir şey yok. Fakat önceki halvingleri göz önünde bulundurarak boğanın gelebileceğine inanmak isteyenlerdenim ben.
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Her yıl bu uçuk kaçık tahminleri görmeye alıştım artık şaşırmıyorum. Hele bu tahmin McAfee'den geliyorsa hiç aldırış edesim gelmiyor açıkçası. Sadece 1 sene içerisinde şu anki değerinin 200 katına çıkması büyük mucize olur bence.
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Gerçekleşse bile bu verilere dayandırılarak açıklanması çok mümkün olmayan bir sistem. Ben de mesela derim şimdi 14k olacak diye mesela ama işte sürpriz faktörü çok ön planda bu piyasada.
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I don't think that any external factors can destroy Bitcoin. Bitcoin will continue to be better and better for a very long time I believe. If it extincts, the reason would be that losing its power against new cryptocurrencies with better technologies.
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This is just a warm-up for Bitcoin. Bitcoin is already dominating the market substantially and I can't imagine what will happen when Bitcoin reaches at least 100k dollars in the future.
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That is a big change after 1 year. Trump is known as being against the cryptocurrencies but the interest in Bitcoin of the people of the U.S.A is increasing very quickly. If it goes continually like this, the government may not think of banning cryptos not ever.
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As it is Bitcoin's nature, we will always see movements on the price like we are observing in the last days. This is so normal for this market. People can just try to learn to invest in Bitcoin for a long term.
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We know that the actions of China affects Bitcoin price but of course China is not the only factor on the change of the price. First and foremost, Bitcoin has volatility and there are not certain times about what will happen.
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It is an assertive prediction while there is such a short time to the end of this year. According to my opinion, Bitcoin can reach maximum of 11-12k in the time left on this year and we will see the price above 20k in 2020.
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IF the whole world ban BTC at first BTC will Crash very hard but only for a few month, Demand will be increased while there will be no Legal Seller, All trade will go to undergrand and Black market and illegal traffic, sellers will start to selling BTC 50 X more than current price. BTC will be more expensive, As simple as that, That was an answer for these who said BTC will die if whole world Ban it, So no BTC never Die.
If all countries decide to ban Bitcoin, things may not go that easy for the price. In a situation like that, there would be noone to be able to use Bitcoin for anything and it would create a chaos for the market.
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk. on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements. I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
When I come across a person who thinks Bitcoin is a scam, I try to make him/her informed by sharing some sources that tell what really Bitcoin is and its history. I hope they will have a good understanding by reading from true sources.
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