There are clearly a lot of people who have difficulty seperating bitcoin from Gold. Gold has been worked in Ireland for example for approximately 4000 years. Here are some examples of finds from the early Bronze age. Discover the earliest Irish gold objects produced between 2400 - 1800 BC, such as discs and lunulae. https://www.museum.ie/Archaeology/Exhibitions/Current-Exhibitions/Or-Ireland-s-Gold/early-bronze-age-goldGold is something physical, bitcoin is not. Gold was a measure of wealth and status, bitcoin is an electronic payment system Gold is a proven store of value, bitcoin is used by many as an unproven store of value |
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A bit less volatility and more stability will always help bitcoin to be perceived
as a true currency and there will always be market movements just like every
other traded entity.
I dont thjnk thus is a permanent thing though. I think because of its decentralised
technology and that it can attract a lot of speculators it is teetering on the edge
of a bullrun. A lot of people are passively waiting for the signal.
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Grwat, thanks for the update and the teaser!
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I like this idea, kind of like a bitcoin ATM but for converting cash into
Bitcoin. If I had that near me I would be buying small amounts very
regularly.
I do like the idea of jars of coins converted into Bitcoin though, the
idea of dumping a mound of metal onto a machine and its turned
into crypto.....pity, maybe in the future.
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While i think amazon accepting bitcoin is a positive thing, the FIAT value
wouldnt be a reason for them to make the choice to initiate it as a
payment option for customers.
I think the way they look at it is while most people are happy to shop with
FIAT those same people are not going to buy bitcoin to shop on amazon,
its an extra step in the shopping process, a pointless one.
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Last chance to order, will be not be accepting orders from tomorrow. For those who reserved, I will be contacting you soon  Hey polymerbit, is this offer or thread still live? My post is the first this year. I understand the timeframe was Q1 2019 but is there an update? |
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In this I see the main problem of the idea of bitcoin as a global single world currency. A fairly large percentage of the population, especially in the third world, is illiterate and lacks technology. And the use of bitcoin as a currency will cause them difficulties. But I do not think that this will be a serious obstacle to the development of bitcoin, just not all countries will accept it.
I agree It will cause them difficulties in so far as the technology as in wifi or internet coverage and aquiring at least a smartphone. It is still easy to own bitcoin without knowing the technical stuff behind it. Ilerate people can still learn how to do things, powering on, downloading an electrum wallet and send/receive funds on a smartphone is not complicated. I really cannot see bitcoin as a global single world currency, not in my lifetime anyway. |
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I understand the wealth gap globally is widening, the rich are getting richer
and the poor are getting poorer but it is difficult to make something from
nothing.
The gap is too wide to bridge across. The rich tend to be more educated
particularly in financial matters and have access to high end financial
advisors. Poor people dont have that.
I like points the points 1 to 7 in the OP but they are not going to help bridge
the divide, unfortunately.
I dont have any ideas as to what can be done.
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My bankers told me, I need to help them to create an bitcoin wallet and hand it to them, and they’re too busy to learn it and it’s very difficult to use, What im taking from this is that banker doesnt care about bitcoin, If they wanted to get into it they would already be invested. As mentioned above he doesnt need to know the technology to be able to download, install and load a wallet. This is a strange post. |
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It's really hard to keep up with the cryptocurrency development even for a programmer. Every coin is trying to introduce a lot of new terms to show you how innovative it is. But in many cases it turns out to be just another vaporware. And at the end of the day you see that you've waisted your time for nothing.
How many books did you read / how many courses did you complete before you started investing in Bitcoin? Can you honestly say: do you really have the time to keep up with the crypto world or at some point you just started to believe in tech instead of trying to grasp every single crypto feature?
You just cannot go wrong with bitcoin. When i started with crypto i didnt understand the concept or technology. The more you read the easier it gets. We all know that many crypto projects have turned out to be vapourware and it is hard to know which is good thats why i say stick with the old reliables. |
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Over the next few months, I want to see coin prices crash big time. Go WAY down, before recovering in the spring and booming again.
Why do coin prices need to drop a lot? Simple. So I can buy in cheap and maximize my profits during the next big coin price surge.
I'm already HODLing 5400 Ripple XRP, and I'd like to pick up some bitcoin, litecoin, and ethereum at rock bottom prices.
I'm also enjoying seeing bitcoin difficulty plummet, because miners are shutting down ASICs, because prices are dropping. So difficulty drops, and prices drop, and more miners shut down, and so forth.
Will there be an even bigger boom than the last one which almost touched $20,000? Absolutely. I don't care if Tether is used to artificially manipulate the prices again or not. All I care about is getting as much money as possible out of crypto coins.
WAY down may not happen, Think about it, think about the amount of buy orders that will kick in before the price reaches even $2500. You are right about the difficulty level for mining falling, if it goes low enough we could see small time miners setting up to try and get some mining reward for themselves. Dont get em wrong, I think there are a lot of people who want low prices to increase their holdings. |
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Djokovic looks favourite to me, he’s just breezing past everybody in 2nd gear. It will take something soecial to beat him but there are players who can.
Of course there are players who can beat Djokovic. Anybody can beat somebody as long as they are determined to defeat that guy. As for Djokovic, yes he plays well in Australian open but as long as Nadal is there, his victory is still not for certain. Just watched the highlights of bautista Agut V Tsitsipas what a 4 setter!
It may be worth a long shot to put a bet on him beating Nadal.
He has talent and a really confident positive attitude.
I have a feeling this will be the end of the road for Ranoic.
I can see Pouille beating him in five sets.
The last match he beat a healthy and quick Coric with some fancy shots around the net.
Can not count the french men out.
How right you were, Pouille had a great match, Im not sure he will beat Djokovic though, although I would like to see him in the final. It is nice to see the younger generation coming through. Nadal to me looks now like the Favourite. He was simply stunning against Tsitipas, different level, even for Nadal. |
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Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
Whats gour thinking behind this? Jobs just dont appear for everyone, you have to know what you are doing and crypto is very technical. I cannot see bitcoin reducing unemployment, people need to learn cryptography, programming, business, economics, management and other skills and there wont be unlimited job vacancies. |
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I do not quite agree. Predictions are different. If the forecast is based on faith, then you definitely should not make your plans based on this forecast. If the forecast is obtained by investigative links, then it makes sense to follow such a forecast. For example, there is a forecast that Bitcoin should grow in price this year. This is explained by the fact that prices have stages. All last year there was a stage of falling prices, now a stage of stabilization at the lowest point of this movement. After this comes the stage of price increase. Personally, I adhere to this theory, because it always works in practice.
I don`t agree at all! Prediction is a prediction, false promise is something else. Prediction can be based on facts, in prediction you can consider all possible risks but in the end you can see different results, nobody can predict the future. False promise is promise that is made with no intention of carrying it out and especially with intent to deceive. Predictions about cryptocurrencies are not false promises, people just expect a lot and we believe in our optimistic predictions. Normal people dont give false promises, scammers do! And i believe the thread title has some substance. The prediction by high profile people is like a promise because we think their prediction holds a lot of weight and therefore is almost a dead cert, like a promise! |
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Why would they want to crackdown on crypto when they are and could
earn revenue by taxation? Most countries at the moment treat crypto
the same as any other commodities or shares they get taxes when
it goes back to FIAT.
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JP morgan COE slates bitcoin and crypto and then JPM buys dip and develop blockchain..,,.
Facebook bans crypto adverts and promo then assings team blockchain development and will develop own cryptocurrency.,
Bill gates slates bitcoin than just day later wants to use bitcoin's legtening network.
Banks blocking crypto exchanges and card and closing accounts then goldman sachs launches own crypto..
Good points. Personally i didnt react on any of these stories when they surfaced but im sure plenty of others did. These prominent people and companies just use their voice and reputation to affect the markets to their own requirements. We really need to pay little attention to what they say. Bear in mind there will be plenty more scare tactics this year so stay calm and dont panic. |
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For 2019 i will continue to do a number of things,
Continue to earn bitcoin and occasionally buy Bitcoin to hold beyond 2019
I will continue to believe in crypto and to be positive and spread that positivity.
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i don't know but i'm very disappointed in this market. in the year 2018 i lost all my money
How did you lose all of your "money" ? If you bought bitcoin then and still hold them now you didnt lose. Its hard to know how anyone could predict a future price of bitcoin, it is easy to oick a number and run with it though. |
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Bitcoin will always be number 1 even when uts market share falls. There is
belief in bitcoin and in a lot of alts there is a lot of hope.
What I like about the graphic is that two other alts in the last 5 years have
been in the top 10, Litecoin and Ripple.
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