The bank may be publicly against bitcoin but most of they top management teams are still greatly involves in bitcoin and are taking advantage of the opportunity the bitcoin network brings. Rothschild is a households name in the banking sector but have never publicly spoken against bitcoin lately.
Yes even if they against bitcoin why should they accept payments in bitcoin . As you said most of the bankers may be supporting and taking advantage of this crypto moments most of the wales might belong to these bankers group . These wales always spread wrong propaganda for diversify people mindset then they will take advantage out of that .
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If you really want a credit card for your private key holding wallets like blockchain wallet then it might take time . There is already crytpo debit cards are available Tenx , Monaco ( Crypto.com) still more using this you can do your crypto transaction in real time.
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at the very least i think it will lead to some clarity. so maybe miners make up their minds faster.
i say that mostly because of two things: 1) litecoin is a copy of bitcoin with little difference. so SegWit and what it really does can be seen on a live, real coin (not just testnet) to some extent. and that can help with make up minds!
2) mining pools such as F2Pool (which is signalling it right now) are mining both litecoin and bitcoin.
I am supporting segwit for offchain transaction it will give more adoption for crypto currency but implementing segwit on litecoin will really effect bitcoin? . Not sure but i was watching bitcoin segwit2x implementation form 2017 november when it got cancelled hope in near future it will implemented .
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Optimist vs Pessimist! This is interesting. I do not agree with the bear, but I disagree with the bull too in this case. In my opinion:
By June, Bitcoin value --> $6k Sept, Bitcoin value --> $7k Nov, Bitcoin value --> $8.5k Dec, Bitcoin value --> $10k
Am expecting Bitcoin value to rise organically through out this period.
2020 Halvening -> Bitcoin value --> $15k
This is my analysis and I am bullish about the future value of BTC. Hail to the king!
I am not sure in what basis your declaring this statement its really looking interesting still i am thinking in positive way if it is true there wiil be real good benefit for holders like me . But there is a chance of reaching 1000$ also we should neglect that also . MArket mostly controlled by whales they might exactly know or already decided what has to be happen in future.
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I am not sure about the cycle . As i witnessed bitcoin price momentum from 2000$ in 2017 then ater i seen lots of up and downside . Before 2017 crypto currency was not having much acceptance also it was compared with ponzy scheme and lots of suspicious things were going on . Afger 2107 bitcoin became precious commodity more people are believing and accepting . i dont think it will be same like 2015.
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Its really good news Bitpay gave real opportunity for crypto currency payment . Hope soon my countries websites also start to use crypto payments . Some countries are trying to ban crypto currency some are coming up with more acceptance . Its really good move.
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For normal people who doesn’t understand technicality I would say about the currency which is having global acceptance also having limited supply . Firstly I will ask the person how much currency flowing their country it might be huge or uncountable . Then I will tell the currency which is having limited supply and also having global acceptance. For a technical person I will tell about blockchain technology , peer to peer network and decentrelised database.
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Its really great move from brazil government where my country trying to stop crypto currency from accepting all form in nation . Brazil is encouraging even lots of European countries are doing the same . They are encouraging including canada . But lots of Asian countries are still not supporting like european , American countries.
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I am here about two years in crypto community . Initial day when i started to search about bitcoin and crytpo currency i end upto reading bitcointalk article or posts . Then i opened account in Bitcointalk for asking questions and Doubts about crypto currency soon it became the part of my life . Glad to be a member of community.
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Its looking really good i am eager to watch but releasing on selected or on Demand theaters . I curios to see what they are telling about crypto currency . I feel like they are comparing crypto with underworld activity . I am eagerly waiting . Hope this will give some good thing about crypto currency .
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It completely depend on your decision . But what i was doing initially if i am in confusion of investing i was splitting actual investing amount . Lets say 25% four times or 50% and i was investing on that if market goes bearish i was putting another part of percentage on each milestone lets say 500$ drop . Or i was taking profit on each milestone.
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My main concern about bitcoin or any crypto currency is Regulation most of the countries not yet implemented some of the countries are busy at banning crytpo currencies . Seconed concern is wide acceptance . Third concern is ease to use ( Its very difficult to use in day to day life ) . Fourth concern transaction fees for every transaction . Fifth concern about centralised exchanges Do they really having Crypto currency in backend or just the number.
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Crypto community never begged whales to enter market and invest . Any investor find the opportunity in new technology its been more than 10 years for mobile application market still its able to adopt 50 billion market . Crypto currency 2 times ahead of that in this bearish market. So CNN can reconsider this fact why investors are investing their hard earned money . Its simple they found potentiality in blockchain and new mode of currency.
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If 35 million blockchain.com wallet omly means there should be lots of other bitcoin wallet Hardware wallets , ledger nanos , then other cryptocurrency wallets exists . I think it is really good growth of crypto currency . Hope soon crypto currency will replace banking system.
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I am not sure about mining cost in my country compare to China . As I am getting quite decent amount of electricity bill every month . There is no profit recently even I am doin mining by thinking future . But whatever China do for market manipulation . Think about last big bull run happened once China announce crypto exchange ban . After market crash happened soon in couple of month big bull run happened . So don’t worry keep hold or increase your crypto assets .
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Thanks for your information , it is one of the well written comparison thread . But whatever the theoretical fact I am brlieving on gold over bitcoin because money depreciation may happen at any time . Either fiat or crypto currency . But gold will be having its actual value either in this country or any other .
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I don’t think China ban doesn’t effect bitcoin price in 2017 China banned cryptocurrency exchanges and ico’s lots of fud happened people started to sell btc . Then huge bull run happened everyone regretted including me for selling bitcoin because of China fud.
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I was closely watching market while 2017 bull run happened towards 20000$ . Th emain reason was BCH hardfork success and bitcoin jolders got free BCH it had value more than 1000$ . Then after 2 forks announces one is BTG and another one is segwit2x . People started to invest on this heavily because they will get free 2 coins . It was the actual market hype once bitcoin reached 10000$ it became talk of the town . Rest we seen . Whales took their profit and disappeared . Innocent and greedy people were trapped.
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I am not undestanding your argument currently bitcoin value determined by fiat currency . What it makes differnece if we say in satoshi . The day satoshi becomes equal to 1$ then we can mention it Satoshi . Satoshi is just fraction of bitcoin we cant compare that with largey denominated currency.
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I Sam not sure still market in around 180 billion it’s really making good move I think major crypto currency like bitcoin ethereum , bitcoin , neo , tron , eos , Ada , verge and some exchsnge coins bnb , kcs etc would be the real bul runner if the real market bull run starts .
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