Bitcoin and other cryptocurrency can be manipulated. And this obvious in this present time where the market is undergoing massive dip. There is an investigation been carried out by the US Department of Justice (DOJ) to checkmate the manipulation of bitcoin, and possibly other cryptocurrencies. This investigation aims to check for spoofing and trade washes
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I can recommend coinloop.io is very good to learn about any cryptocurrency price, upcoming new and events, signals and the likes. I use this alot and its very helpful.
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I don't think this would ever happen. Nothing can kill bitcoin. It just need Perfection and improvement on the transaction issues, energy issues. After this is done, bitcoin will take over and only early adopters will enjoy the ride.
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I do not believe this is the end. This is not the first time that the market will crash and all previous crash didn't lead you to an end so why now. ? I believe in cryptocurrency . I dont feel like an idiot for investing because I know what am into and am into it for long term. A time is coming when no one will be able to buy a coin at this present price. Bitcoin will rise, cryptocurrency will rise. And only the patience will enjoy it.
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Buying at the peak or during a bull run is very dangerous . the best thing to do is to leave your investment and don't sell at loss. I urge everyone to do their due diligence and have long term vision and always invest what they can afford to lose. If anyone did this for bit coin even at peak, he wont have any problem now. Be hopeful that one day it will reach your buying point but we don't know when that will be. Always remember to buy at dip rather than at peak .
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Nothing will replace fiat money. Fiat has been existing for long and its incorporated into every sector and daily activities. So for any cryptocurrency to replace this , it will go through all those stages which isn't a small journey . even if anyone currency is going to replace fiat money probably its going to be bitcoin and no one can say exactly when this will happen. The journey has started but its a long one. A possibility is general acceptance which we hope it happens soon.
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Nothing can kill bitcoin. All currency either digital or paper can be used for anything once its accepted as payment mode. Bitcoin dosent give room for all things being done in the banking sector, hence its preferable.
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Taking risk is part of what we have to do in life. Personally I prefer to handle my investments rather than someone handling it for me. Bank is good for keeping money but bitcoin is better because you can monitor your investment yourself , quit whenever you want , earn massive profit and cut your loses also.
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An important thing is to make sure the address is correct. If this is done, bitcoin will be received into the wallet whether you are online or offline. At this level of bitcoin trasnsactions, You don't have to be online to receive bitcoin into your wallet.
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Its really a good thing to do. I hope to promote bitcoin by establishing an academy where newbies can learn what bitcoin and cryptocurrency is about, learn how to own and trade bitcoin, bitcoin as mode of payment, and embarking on a major project in my community with some of my bitcoin earnigs. I know with all these, bitcoin will gain more popularity and recognition.
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I don't think this is possible to happen. There are so many tokens with huge ideas and use cases and more tokens are emerging daily. Personally I think reducing all this efforts to zero is not possible. But there is a possibility that some projects might fail.
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Yeah it happens. Mostly the whales do this. They move the price down whenever they feel like and pump it at will. This really isn't good enough for bitcoin. We heard of mtgox with huge amount of bitcoin stored and moved from one place to another. This news had major dip effect on the market and bitcoin price. We hope it stops very soon.
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I think you meant first digital currency. ! Some stores, universities, companies has started accepting payment with Bitcoin and also paying salaries with it. So its nothing new, the only thing that is left is just general adoption which will come very soon.
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I agree with your point. Bitcoin adoption will improve the economy of any country. Its gives more employment opportunity, investment opportunity, good return opportunity, mining opportunity for better profit, the blockchain technology will also be used to improve every sector of governance. These and many more are the opportunities that Bitcoin can bring to an economy
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Majority of people don't understand the mechanism behind the Bitcoin and they simply don't want to learn. And so they just assume its a ponzi scheme since they can't understand why its growing. Such people will regret missing out on this cryptocurrency revolution. Too many lazy people who doesn't want to learn. Everyone should read , research and learn new things. Bitcoin is not a ponzi scheme. If it were to be, it won't have survived 8 years ago. No ponzi can last up to that.
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Generally as adoption or investors of Bitcoin increases , the demand increases and the price increases also. Its going happen in time to come. Bitcoin will be generally accepted when all battles and correction are made.
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I am confident that Bitcoin will still be here in the next 10 years. I believe modifications will be done to bitcoin to solve all the highlighted problems above and for this reason, I don't see any coin displacing Bitcoin from being no 1. Truly a lot of coins have emerged and have tried to solve one major problem or the other even coin that are forked out of Bitcoin , the fact remains still that Bitcoin is the king and it will remain the king.
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The same process that brings about massive dumping of a coin also brings about massive increase which is mostly the media. Its obvious that the end will soon come to red days and we will enjoy the bullish run. There is nothing to panick about.
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