This year , upto now is not good for crypto investors. Value of the investment is far less than previous year. We saw last year BTC went pass 19k and now it is around 7-8k. Price of btc is fluctuating. Therefore alt price also not increasing. Every investors hope the recover of market soon. But it didn't happen yet. Some experts said that it will start on june. What do you think about this situation?
All want market prices to recover. But all this is a need to support all those interested in keeping these bitcoins in good shape. If we look at this situation further exacerbates the news. How people will spirit. I think we all continue to support it so many investors support Crypto's ever-increasing prices. |
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Don't hear about these kind of predictions these are just opinion of the single person so it doesn't make any change in the market condition.Yes I am also think the bitcoin will hit $40000 or more but that soon is equal to how long nobody can answer that. And also please remove $20000 from your mind which happened in bitcoin because of hype so which is not the maximim price and also the price not supposed to be in 2017 but it happened because of many factors.Just concentrate on the current price which is about $7450 at the moment. I think even if it's just a prediction that only works one person. But he is loading news to support Bitcoin's price increase. They want to make changes to keep the price up to $ 40,000. I agree they are making news that continues to support Bitcoin. |
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Yesterday we saw BTC was pumping. But again it is going down. Any news behind that? I thought it will break 10000$ around coming days. The BTC is the legend and can't think BTC will replace by other coins. What would be hope you guys the BTC price at the end of this year?
Prices up and down are common. Because the nature of this bitcoin does fluctuate. Nothing can replace bitcoin. Because many are predicting BTC prices from $ 10,000 to $ 20,000. But I believe the end of the year may be a spike in prices will increase BTC this will go up. |
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Because of that thing happening in my country I am trying to live off bitcoin earnings that I have so we need to work in cryptocurrency in order to provide those needs that we have.
Yes that's a very good income from Cryptocurrency. I also work for earnings from Cryptocurrency. But can this last as long as the price is unstable? |
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I think the digital currency crisis does not affect too much on the economy of every country. It only affects the participants. If a year ago, Crypto created jobs, helped many people live a stable life, now it has made many people bankrupt, unemployed, and not earn. I think that is the impact of the economic crisis
I agree with your statement. Because last year all needs. And for everyone who knows bitcoin gets rich and successful from bitcoin. I see that the emergence of many economic and financial crises has gone bankrupt and unemployment has increased. And I think this is what causes the price of Crypto unstable. |
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We do not change anything, as there was no money in the country, so they are not. The eternal crisis.
Why do you say "because there is no money in this country, so no. The eternal crisis." It is impossible. How your country makes payments or transactions. |
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I guess financial crisis is a global phenomena and the last big hit happens around 2008-2009, also the same time that Satoshi created bitcoin as a safe haven. I still remember that year because I got the pink slip when I thought that our projects will not be affected because our clients are big in IT sector worth billions of dollars in revenue. So its really a eye opener for me, no one is immune and everyone is dispensable. Crypto could really be a safe haven for us if another crisis happens in the future, so its better to save and invest on it while we still have the time so that we won't be caught with our pants down if ever the global problems hits us.
That's what you say "Crypto can really be a safe place for us if another crisis happens in the future". Why Cryptocurrency is unstable. Does it have an impact? If saving and investing there. I did this. But will it survive? |
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Almost everyone will say that their country is habing a financial crisis because we are having a global economic crisis. But i think crypto currency will be our oasis on that desert known as depression. It will not be affected or maybe affected by a little by the depression so our investments will still be solid.
Yes Every country is bound to experience a global crisis. I know that the crypto currency will be your oasis in the desert known as depression. But does the monetary crisis affect the price of Crypto in your country? All must be wondering. Market prices to date are unstable. |
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The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?
My country is in a financial crisis. But it does not affect the price of cryptocurrency. And the food needs for my family can be fulfilled. Because every country will definitely experience it. This discussion is to solve the financial crisis problem in the future. Yes. I made this discussion so that everyone knows how the financial development of their country. Because by discussing Cryptocurrency alone is not enough to solve it. And I'm sure here we can share information about developments in each country. |
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I think it is not stable but it seems the price of cryptocurrency will start to improve. because the price of cryptocurrency will always fluctuate and follow the buying and selling volume.
Yes, you are right. Bitcoin fluctuates. It can not be said up or down but hopefully stable. And Cryptocurrency in the coming days seems to get better. |
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Can someone name trusted bitcoin wallet/s..
I recommend using https://www.blockchain.com/id/walletFull features. You can use email as login access to your wallet account or you're using 2fa. If you use a software wallet, it is very susceptible to viruses. |
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I am reading somewhere that Bitcoin and other crypto currencies illegal in India as per Indian central bank announcement. In some other place i am seeing RBI advises caution on its use, bitcoin is not illegal in India. Which one is true ?? Any clarification about this?
Indeed, the Indian central bank forbids financial companies dealing with cryptocurrency 1. Regulated financial institutions in India can no longer provide services to companies or individuals dealing with virtual currencies, the Reserve Bank of India says. 2. The statement comes as other regulators around the world are grappling with how to regulate digital assets like bitcoin. 3. The Reserve Bank of India was more open to blockchain, the technology that underpins virtual currencies, and says in the statement that it has the potential to improve the financial system. |
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"This is formalized as corporate income tax and income tax for an individual If someone buys cryptocurrency and then sells it after the price goes up, this amount is recorded as income and therefore should be interested in taxes." I say this is helpful. Because if the State Tax Ministry they impose taxes. This means they have legalized the use of bitcoin. It is very nice. There is no prohibition for people in their country to use bitcoin. |
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Can't be ascertained bitcoin to boost the economy of an area because there are still many people who do not know and trust bitcoin in the added government was not legalized and take responsibility for all transactions using bitcoin. However, if an area already uses bitcoin as a means of a transaction then it can be said they have made the right decision and one step ahead of the area that still only use the tools of transaction that I think is old-fashioned.
Yes, you are right does not mean an economic rise due to bitcoin. Because there are still many people who do not really understand what bitcoin is. And in some countries I see the government does not legalize the development of bitcoin. I hope the government helps legalize the use of bitcoin for people who already understand. Because bitcoin also includes one unobtrusive job. And beneficial for people who do not have an outside job. |
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The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?
No, my country is fine. However, your topic has led me to think that soon there will be a trade war between America and China, perhaps this instability in the economy, can bring down these national currencies. As an option, many people will be able to exchange their currency for cryptocurrency and thus win a good amount, and save their savings. Yes, you are right. Trade war between countries certainly exist in several countries. Related to the economy. This is one sign that many people will have their currency for Cryptocurrency. But related to the problem of the financial crisis many are experiencing difficulties for food needs. |
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The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?
I think. This monetary crisis collapsed in his own country. Because everyone will experience a lot of poverty. Because the country itself has dependence on other countries. It is difficult to advance the country itself. Because other countries have shares in their own country. And I still have the opportunity to build the field as my business for my family life. The poverty they experience is of course people who do not have a job. Of course some countries have partnerships to plant shares in their own country. You are very lucky to have a business field. And of course it really helps your family needs. |
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I think in most countries there is a crisis. But the top of the government successfully hides it at the expense of its information policy.
Yes They all hide their personal information in government. The impact will be on the people in their country. In the country they will experience a lot of poverty due to increasingly difficult economic factors. Yes, just like me. Now in my country many feel the problem Because the currency in my country is getting higher. The price of all his needs is expensive. I am confused looking for my income. Some countries will surely experience a monetary crisis. And all the necessities of life will experience it. I think for additional you should have additional business work. |
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Solar activity affects whole marketplace, actually, and crypto-exchanges are not an exception. Solar activity does not affect prices directly, but it affects human's behavior, scientists says. Taking this into account, it is possible to stem losses.
I think there is no effect of solar activity with market price. Unless you do mining using solar power. That's what scientists have done. That can not happen when you say that the sun is affecting the whole market. |
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We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?
There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.
If in a country 80% of its citizens are involved in cryptocurrency. Then it should be taxed. So the government in this country can legalize the circulation of bitcoin currencies. Therefore, the Government can legalize these bitcoin currencies with many needs. I strongly agree. |
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How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.
Why do you want the amount of money in this world. No one can calculate the amount of money in this world. And if you rely on the Bank of course very much money in the Bank. And what if they keep money inside the house. No one can count it. |
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