I have the feeling that many people have totaly wrong picture of Bitcoin and cryptocurrency. They are only supporting it when the price is on the rise and when the price goes down some claim that Bitcoin is scam, bubble, that is going to disappear from the market and that they were fooled. Actually I don't understand such way of thinking.
Cryptocurrencies are volatile and risky and the moment you invested in Bitcoin you took that risk. But no one didn't force anyone to invest and no one didn't promise only profit and price rise. So, get yourself together or give up Bitcoin, maybe it's not for you at all.
I agree i believe there are people out there who are masively underwhelmed by bitcoin at the moment. Their expectations for it have been shattered by the current market drop. There are forces at play at the moment which myself and others dont see or comprehend. The stock markets are down big time also, is that transferring Over to crypto? > https://www.marketwatch.com/story/dow-futures-tumble-nearly-300-points-nasdaq-poised-to-fall-by-triple-digits-2018-11-20"U.S. stocks closed sharply lower Tuesday, extending a pre-Thanksgiving rout that has been fueled mostly by a selling in shares of technology and internet-related companies, but has now spread to ensnare the broader market. "
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The people who are confident will be trading in this current market and
most likely are making gains but the real gain was selling when the
price broke from $6500 and unless you know hiw to trade the best
option is to hold or buy a bit is another option.
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As with any business some people are able to see a niche or create one
in order to better their financial status, others however might see an
opportunity but cannot capitalise on it. It really depends on the individual.
There are definitely plenty of chances available for people to earn more,
and its nice to get a real life example of this. Thank you OP.
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As long the crypto community doesn't give the power to someone (it can be a bank or whatever) to have most of the control over Bitcoin and altcoins we are fine. If banks are coming to cryptos it depends how they do it. If it's by offering services or investments or cryptos wallets,... There are many cases banks could be active in.
The reality is banks are already in the cryptos and/or blockchain industry. JPS Morgan, BOA are few of them (JPS Morgan has its own blockchain infrastructure "Aurora"). It doesn't matter so much, banks are in the gold industry as well, so?
It will be difficult to avoid using a bitcoin bank i the future for the majority of people. Bitcoin usage is moving away from being a currency to being a sort of investment so i would imagine a lot of 'investors' would have no problem using banks. So on my point i see bitcoin banks being part of the bitcoin and crypto future scene. Its not something i can see myself getting involved in though, Im happy to control my own bitcoin. |
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Well this is different news all right, a holding company essentially taking over a
bank and looking to offer more bitcoin related services and ATM's
This could transpire into a number of things, a form of centralisation, offering
a crypto credit card service which are two which come to mind.
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The language the OP uses is just wrong and actually shows that there are
people out there who are maybe a bit misled as to what bitcoin was created
to do, what it has morphed into and the general workings surrounding it.
As others have pointed out, there was and is no promise.
"How the people will have control of their money" well we all have control of
our own bitcoin regardless of its FIAT value.
I cannot see bitcoin going as low as $1000, the buy orders for cheap coins
would kick in long before it got that low.
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I think this is a must! Just $250 now can turn into a very hefty reward.
Everyone here apart from some newbies believe there are big things
for bitcoin in the future. Setting the foundations now is important
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This is one of the positive outcomes from the Australian governments
decision last year to attract crypto startups to their country.
It is also great news for crypto with the backing of Binance, this is set
to be a hugh success. I like this comment.....
'lets start with airports'
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Mr.mister what are you thinking? Why do you think we are seeing the beginning
of the end? What are you basing this thread on other than two high profile
bitcoiners having a feud?
The majirity of people here are very positive about bitcoins future.
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https://blog.samouraiwallet.com/post/178536644472/09887-welcome-new-international-users-andSamourai wallet is known for its showy moves. In this particular case they've removed your USD or whatever readout and all you'll be fed is the BTC one. Their reasoning is that users need to step beyond thinking in fiat and embrace Bitcoin fully. I think it's cool. I also think it's silly and not very practical. A wallet should facilitate the management of your money and that includes knowing what it's worth at a glance. Are you turned on or genuinely sickened by the idea? Im neither turned or or sickened. I kind f agree that we need to be thinking in Satoshi's rather than FIAT but im not sure users in general are ready for that. There is an obsession still with FIAT values. |
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Its very tricky. Most of The top ranked coins have a proven record and a working
project which has been successfully adopted by a lot of people.
If you are looking for cheap coins that will hopefully follow their own roadmap
and deliver a working project there are plenty to choose from, too many IMO.
So for me especially now im topping up on my holdings in the top 10
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1 st Is not only about know if Satoshi is alive or not, bitcoin blockchain have a problem, if i die tomorrow my bitcoins will be lost forever, if i loose my PK the bitcoins will be lost forever... Other problem, if you have 1 Satoshi in one account you cant took that Satoshi out, because you need to pay minimum fee bigger than that Satoshi. With time many many coins could get back to circulation or else be lost forever... Try to tell this to a bitcoin newbie or a crypto-ignorant and ask him if he thinks this is a good solution, he will say immediatly that prefer to have the money in the bank, that is more safety. Exists one thing called Murphys Law, with time a lot of people will lost bitcoins, that happens to people i convinced to use bitcoins already, that happens everyday, with time that will be more and more rare and more and more a saving of value. You want bitcoin to be used or to be a safe of value? I vote in to be used, if cannot be used we dont need it, we have gold yet! 2 nd Im not talking about catching the money to Satoshi Nakamoto or Craig Wright or anybody else, im talking about a solution that forces the user to move bitcoin from one address to another from 10 to 10 years! Even banks do that and we cannot say that banks only have bad things and bitcoin needs to be different in everythink. It just tests if people is dead or alive or lost PK or not, that keeps beeing descentralized, nothing changes. 3 rd We will know if Satoshi Nakamoto was Hal Finney or not (that is a bonus)! To the ones dont know who was Hal Finney: https://www.youtube.com/watch?v=NJs1R3Oju9ALOL 1ST, this is your problem, not bitcoins or the blockchain. YOU decide and manage your wallets. 2ND, Why shoukd you care how long i keep my bitcoin in my wallets? just worry about your own. What i or anyone has is of no concern to others. 3RD, I really want to know what the bonus is of knowing who or where or hiw old, or what kind of car, or what kind of breakfast is eaten by satoshi? i just dont get your logic. |
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Black Friday is a big deal and im sure a lot of people are going to use bitcoin in
one way or the other to take advantage of available deals. It may be a factor
in the current market movement along with other factors i dont think its tho
sole reason.
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This is actually a great deal, by visiting the site they are advertising a 30%
discount on a choice of 2 colours, bkack and another colour. I added 2
to my cart and it is calculating a 40% discount. I pulled the trigger on that one.
EDIT:
i found the 'bitpay' fees way too expensive to I opted for 2 Trezors instead
and saved approximately 0.0026 btc.
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This is interesting. White the thread is primarily about privacy can you post
Details about the security, private keys, seeds. I currently use Exodus desktop
wallet and we all know there is a degree of centralisation there.
How would Wasabi be different jn this regard?
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yes, bitcoin is like gold, but it is very different because the value of bitcoin fluctuates and gold is stagnant,
Gold is one of the most liquid and developed markets in the world, of course it's stable/stagnant. Bitcoin is no match for Gold in that regard, where on top of that, it's an asset that has been around for thousands of years versus an asset that has been here just for a decade. Bitcoin needs time. It will be up there eventually. I also think that bitcoin cannot be used like ordinary money because the amount is limited and its growing community will make its value continue to increase.
If you think in Satoshis, there is plenty of juice for everyone using Bitcoin, regardless of the price. Isn't it cool to have money that increases in value instead of fiat that keeps losing value? Great post among others on this thread, simple to understand and positive for the future. For the last 6 months or so i have been thinking about and adding both Gold and Silver to my holdings to compliment my bitcoin and litecoin. What a great spread they all make. Some which are proven as per 1Referee's post and the others with a positive future for snyone who is interested. The rest can struggle on with FIAT. |
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Anything a 'central bank' says about bitcoin should be taken extremely lightly
and should be looked at as a kind of curiosity of sorts.
So this Benoit Kerere, i cannot find anything online for this person, or statement?
Can the OP post a link?
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Some people need to stand back, take a deep breath and relax before they
post comments. Words like "downfall" "volatility has returned" are sensational
and vased on one market movement in the space of 24hours.
Bitcoin never lost its volatility, is always moving some days more than others
and for those who shivering with fear, no this is not bitcoins downfall.
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Monitored by CoinNess.com, a Binance wallet address starting with 16ftSE sent 109,234 BTC to a wallet address starting with 34xp4v. What gonna happen... Woah if this is sell and transfer into fiat for sure this is the reason why bitcoin price suddenly drops, but dont do panic selling guys when the price drops, panic selling will just make your money loss and regret. People need to realise that even if and it unlikely that amounts like this are to be sold there has to be a buyer. Coins are not abandoned in the middle if nowhere and forgotten about. If coins are sold they are also bought, one balances the other. |
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The newbie would only be a newbie on this forum and would be pretty much
anonymous. The newbie could have very reputable stills and a positive track
record of producing good returns but the newbie would have to prove these
qualifications to the potential clients.
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