In most of the cases when the person dies, his crypto would become useless if his family member do not know about his keys. I do not usually tell my password or keys to anyone and i know majority of the people don't do this. We are being taught to keep the keys safe. No one think that one day he will die and in that case, his family won't be able to use those savings (bitcoin/crypto) if they don't know the keys. Also people won't like to share keys with siblings or wife because they can misuse them . So what could be the solution to this  My simple solution is to just save all your crypto data on a flash disk and give a will to your wife if you die later, but before that you must teach your wife or someone you trust in your will about crypto, |
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El Salvador is now the first country in the world to embrace Bitcoin as legal tender. This is good news for Bitcoin and cryptocurrency in general, because it increases mainstream adoption and demand like skyrocket. China's recent crackdown on Bitcoin, could force miners to move to other countries with a friendly stance towards it. El Salvador could see an increase in miner's interest as China and other restrictive countries lose luster in the world of crypto. Of course, the impact won't be that much because El Salvador is a third-world country. Yet, it's something better than nothing. What are your thoughts? Do you think El Salvador will become the "Home of Bitcoin"? If not, why? Will other countries adopt Bitcoin as legal tender in the future? Or is it still too early to tell? Why do you think developed countries haven't done such a move yet? Your input will be greatly appreciated. Thanks.  When EL Salvador voiced their country to legalize bitcoin as a legal payment, it could be said for now it could be a "Bitcoin house" but if more and more countries legalize it will definitely change the criteria that will be taken to become a comfortable home for bitcoin, |
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for anyone who has already get benefited from bitcoin, surely they will always choose bitcoin as their main asset, with negative news now it is an opportunity for them to collect bitcoin and aim to get maximum profit in the future
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bitcoin can not be an option for retirement funds , unless the company we work for already uses bitcoin to pay salaries . but if the company has not used bitcoin payments I think it is difficult to have a pension fund in the form of bitcoin, because ordinary pension funds have been regulated by local government laws and managed by certain parties
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basically bitcoin is the technology of the future and supports progress. technology, it's just that there are still a lot of people who don't know and understand what bitcoin is so there's more negative news than positive, over time the technology from blockchain will definitely be accepted by all circles of society. and will form a human civilization that sees technology not backwards
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#PROOF OF REGISTRATION
Forum Username: TribalBob
Forum Profile Link:https://bitcointalk.org/index.php?action=profile;u=151169;sa=summary
Telegram Username:@NiyaziZ
Participated Campaigns: signature
ETH Wallet Address: 0x9a5327D9ff59eC90358bf6FFC2d95271385cF4b5
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The word "Alt-coin" should mean "Alternative Coins". And the word alternative in a layman's language should mean having an obvious option. Example, having an alternative plan means I can decide to use Plan B, most especially if plan A may not favour me at that time. Also, Coffee is an alternative to Tea, in this scenario, alternative is a choice and not a measure of importance. In a situation where an alternative is a choice, is therefore means that the Sorrow of one will be the pleasure of the alternative.
Relating this to cryptocurrency, if BTC who is the mother of Cryptocurrencies and who has gained extensive trust ceases to exist today, will altcoins flourish or will it make the people loose total interest in cryptocurrency.
bitcoin sadness will be the deepest sadness for altcoins, because altcoins cannot run alone without bitcoin, where if bitcoin falls altcoins will fall even more, no one has fun over bitcoin sadness, |
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You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time. Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we ? rest assured the market will return to green and return to glory, it just takes time to wait for the right time |
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What do you feel is best to do when holding a coin,
if I'm in the state when holding the coin Of course, I hope to get as much profit as possible, at least it has limitations, among others upper limit, when we increase the profit in the new ATH . the middle where we take 30-50% profit from our initial capital modal and below, selling assets with just a break in this situation can be in a panic condition for shitcoins for large tokens it rarely happens just my opini  |
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there are several reasons why millionaires don't want to know bitcoin, most likely the millionaire is already satisfied with his wealth, and doesn't want to be too bothered by trading crypto money
if Donald Trump hates Bitcoin because he thinks Bitcoin has the potential to damage the US dollar but it doesn't and in fact Bitcoin can be a great economic balancer for poor countries and the current pandemic
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news that overlaps badness and loss, not to mention the always negative public opinion about bitcoin maybe that's the cause of bitcoin sluggish to trade, and the whales are sluggish to trade, rest assured that bitcoin friends will never die, enjoy the journey of bitcoin reaching 100k$
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When is that, when someone says "hodl"?
when the coins we hold experience an increase of 10 -20% from the initial purchase of the tokens we have and we want a 100% profit from the tokens ( meaning hold in my opinion )
Is it a savings plan?
Yes, for me, hold is my planned future savings, up to a maximum ATH of one coin that I have
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my belief that bitcoin will never become a global currency that replaces all fiat currencies and is used every day to buy daily necessities.
but my strongest belief is that bitcoin can change my life in the future by saving bitcoins
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You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.
indeed bitcoin can not be used by many shops, but if communication is held maybe one store will accept bitcoin as payment, the reason I keep bitcoins only as my long-term asset, and without being taxed (I'm not a tax-abiding person) and also if I save in the bank my money will be deducted by whatever fees, but I keep my money in bitcoin and other alts still without tax every month, it's just that it takes patience if the value we have is reduced to the initial price |
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Bitcoin's drop from 65k to $30k is one of the best things that has ever happened.
yes you are right, best for a holder, and bad for beginners who are new to crypto, where they are tempted to profit reaching hundreds of millions without knowing the storyline from when a btc holder wins profits, |
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hold in crypto must be mentally prepared, because if you are not ready it can lead to madness, what else if we bought bitcoin at 50k$ yesterday, maybe for beginners it will be very deep thinking when to reach new ATH, because bitcoin is currently still at 35-40k $ for highest price. for old players the price goes down and up is normal.
"hold is the winner"
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Coca-cola was pretty good when they were paying him, now that he doesn't receive checks from them he drinks water. Wait till Pepsi bribes him with a few million!
hypocrisy will always be everywhere, right you said. let's see 1-2 years in the future if Pepsi buys his royalties, he will drink soda again, For bitcoin, I think it's enough that Elon has made the price oscillate and the negative news has become even more cloudy . . . . . . . . . . . . . . . . . . . . . . . |
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I think the "EM" tweet is no longer valid for bitcoin CS owner after he played the market by revoking his decision to buy Tesla with bitcoin, yesterday seeing new tweet but that the impact was smaller than his first few tweets,
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I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!
if want get 250k$ for profit from ur btc .you will get a very extraordinary profit . but not in the near future as you want in 2022, so invest according to your ability, because investing in bitcoin requires patience, to get maximum profit, like you said you would sell bitcoin at the price of 250k $ you take a long time maybe 20 years or even more can't in a short time, |
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Francisco Blanch has made some interesting statements with the idea that he wants to destroy bitcoin, which has provoked bitcoin fans! He has said that bitcoin as a wealth is not suitable for storage and is even weaker in financial transactions than people think.It is only able to process 1,400 transactions per hour, while the visa is processed with 236 million transactions.Francisco Blanch also considers bitcoin biodegradable due to its high energy consumption! What do you think about it? Source: https://cointelegraph.com/news/bank-of-america-analyst-slams-bitcoin-buying-1-btc-is-like-owning-60-cars1 btc is not for 60 cars i guess 1 btc can only be used to buy 1-2 cars in my country, it was priced at BTC 60k $ yesterday, where do you live OP? very cheap if you can buy 60 cars with 1 BTC  |
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