China people think gold and silver investment will gain more. Because it is in front of their eyes, they can touch. Cryptocurrency investment can not be touch. here have the mind to believe . I think bitcoin investment will be the most beneficial from gold and silver.
We can-t really blame them, they're doing every means necessary to make their currency powerful even resorting to encouraging its citizens to invest on hold and silver. Well, nit only is it inefficient, it is also uninteresting right now. This era of youth doesn't want riches anymore, what people want more is experience. That's why there has been a huge decline in the prices of precious gems and metals. On the other hand, bitcoin is continuing to flourish. |
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There were numerous reasons to be considered when we talk about the current failing state of the market of cryptocurrencies. But the lost obvious reasons for this is the bombarding of issues left and right, at bitcoin and other established cryptocurrencies in the industry. People lose faith as a result and brings about a price decrease on the coin and a decline in the market. |
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Maybe, anything is possible for that coin which will be crown such coin must provide exceptional tech that will make such coin deem fit to be crown the first crypto.
There is a huge possibility of a cryptocurrency taking over the market. After all, there is a fair competition in between every cryptocurrency in the market. If a coin so great and better than bitcoin would exist and be available for the public, then it would undoubtly be heavily crowdfunded and obviously become bigger than bitcoin itself. But for now we don't see any in the near future. |
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I think that's not a failure, but I think it's a bitcoin double functionality that can act as a currency to make payments, and can also be used as an investment vehicle because the price has experienced significant increases over time.
in other words, bitcoin is a currency that can be made into a means of payment, and can also be used as a means of storage of wealth.
I agree on this, It did not failed currency. It is far different, bitcoin just needs support and the media is against it so they will influence all to turn their backs since the price drop is happening they're taking advantage from it. Bitcoin is so underrated and ignored by the government, they didn't knew that this can lead into progress and the future of our currency not just the hassle type of currency which is the paper money. Bitcoin will definitely make it to the long term part, the rate is just declining but I know bitcoin will pull this off. |
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You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.
What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.
What Are The Advantages Of Bitcoin?
There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
You can only purchase certain products and services using Bitcoin.
It's all over the world.
The system is transparent and neutral, so it can't be changed by anyone.
Payments can be made 24 hours a day, 7 days a week, because Bitcoin is not in any way related to banks.
Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.
Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.
The fluctuating value is what makes it a good investment, It can take you into different ranges of value all you have to do is to act according to the behavior of its value so that you will not lose any money just like you said. Bitcoin is for those people who are open minded to investments and for those people who can wait and have the discipline to save their money. |
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Well, maybe. they could someday, when the legislation Battle is finished and there is nothing much they can do about the existence of BTC, Then they might just consider including Bitcoin in their deposits list, something that im seeing happen very soon
Maybe now the bank will not do the offering of bank deposits using bitcoin, because they are not yet recognizing it, but I hope soon the bank will do accept it as an opening. Sure, banks being partnered up with bitcoin would seem good on both sides since it will boost both services' popularity in people. However, I don't see it happening any day. To ge able to secure a partnership between two companies, both must have their representatives, usually their heads to have an agreement and. In bitcoin's case however, since it is a decentralized cryptocurrenvy and no one has a central hold of its power, the two can't make an agreement. |
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I told you so - many times in here. It was a bubble, and you should get the hell out of BTC.
The responses in here were mainly hysteric screaming of "FUD".
It is now clear from more and more posts in here that people who came late to the bubble-party are in losses on their Bitcoins. Well, told you so.
This is not the time to HODL. The party is over. Your choice is whether to sell now and take a loss, or wait until you have lost everything.
Not really if you know how to predict then you will get out of the dangers that bitcoin will offer which is the income and profit loss. Maybe right now it just went down but soon enough it will grow it has been just months you shouldn't freak out just because the price went down. This is what makes you lose profit and what makes you think that bitcoin is a bad investment. Learn to know when to sell and when to buy for you to avoid this pop of the bubble. |
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1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
I totally agree with this list you made. I think buying bitcoin shouldn't be subjective, buy bitcoin according to the behavior it makes because buying at the wrong time might ruin and might make your wait a little longer than what you expect. I think having a safe wallet will secure everything. If can't then you should split your funds to different wallets so that if one might get hacked then you still have other wallets that is already filled by a portion of your fund. |
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seriously? you are putting your faith in governments? for all we know, they are the one who put their people in that situation, poor people is a sign of poor governance, bitcoin cannot reverse this status quo but may help in some ways like donations from big holders and rich traders in bitcoins, even small time traders can help by donating bitcoins or fiats. there are some sites that accepts bitcoin donations like bitgiv.com
We have the same reaction, LOL. Government will never help us instead they will be more eager to grab/corrupt peoples money just because of their selfishness. Well it starts off with every bits of us. In the community we have people and in order to get economically better it is needed for all to have atleast a job to contribute in a country by paying taxes to have a better country and also an economically competent one. Many of people right now don't get jobs because they don't finish their education but with BTC you don't need to attain something you just need to learn simple things and basics about it and you are good to go and to have a job connected to it. |
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Why Media is negative about Bitcoin?
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?
The main reason for bitcoin being on the negative when it comes to bitcoin is because of the fact that most of media right now is secretly manipulated by capitalists all around the globe. Because if bitcoin stripping this capitalists with huge amounts of dollars away because people are choosing bitcoin more than saving up in a bank, they are making a bad image of bitcoin to change people's minds and hopefully turn their backs to bitcoin and back to banking. |
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China and many countries banned bitcoin certainly have a strong reason and I think the strongest reason is fear because bitcoin is used for illegal transactions to money laundering, this is because the bitcoin feature is anonymous so everyone will never know their identity.
China illegalized bitcoin use in their country because they saw a possibility that if they let the coin flourish in their country, bitcoin might one day take over the currency in the said country and make their national money void of value or at the very least, obsolete. They think through banning they might prevent this from happening and so they did prohibited the use of bitcoin. |
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This is a bold attempt of Samsung to reach out to the people who are mining bitcoin in hopes of making them their customers. Apparently they wouldn't hope to get any profit from this "partnership" with bitcoin since they haven't invested anything and they even chose to make mining hardware on their phones. The only thing they could possibly gain from this is when people chose to buy the phones. |
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Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
What bitcoin has to be different is the price of it , obviously, since it was the first cryptocurrency and most developed of all digital currency we have right now. Bitcoin is the most supported and well known currency compared to others which is not trusted by some people. At the end of the day bitcoin is just one of the currency in the market, but the leading one. |
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bitcoin is no ponzi scheme just that its system is quiet different from what they usually know and do its fee charge,trading and investing system and so on.So its no ponzi scheme
Yes agree with you. Bitcoin existence can prove that it is quite different to Ponzi scheme. Ponzi scheme will not really exceed for long term like 9-10 years in operation. And besides bitcoin transactions or investment will collecting charges to enables investors doing trading, exchanging and etc, or a decentralized forms of investment generally. Unlike ponzi scheme it is a pyramidal form that operates in short time and vanished with all of our money were being steal. Ponzi schemes are something that bitcoin will not he capable of doing ir becoming so because in the first place it is already an established coin in the market. With bitcoin, everyone profits from their own investment which is not like what happens on pyramiding and Ponzi schemes where the head will take advantage of its subordinates and profit not only on their investments bit also from the investment of others. |
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Some local currencies have existed for centuries. Why would they remove the present currency when both can exist? Cryptocurrency has not that much effect on the economy as of today.
If the technological era takes its place deeper then we cannot control the development of our currency it will definitely swoop out all of the currency we have now and indefinitely be the currency in the future. Since bitcoin is starting to be talked throughout the world maybe they will reconsider the potential and the rooms that bitcoin can give into upgrading and giving a better economy to the world and to individuals. |
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I know it is easy to search at google site but can you provide some evidences or links for more sites to get and it will be more reliable. Vatican is influential place. Big impact of Roman Catholic religion. People there love their church leader. One day if they will make a first step with the relation of religion it is not hard to convince the people about the one world leader and should have one world currency.
On its own, bitcoin could really notnimprove and be able to become a cryptocurrency suitable for all types of transactions, be it micro or macro. However, blockchain technology has bitcoin's back, and has since been the one to support and improve bitcoin with updates that would prove beneficial later on. So yes, bitcoin could still be a world currency with the help of blockchain technology. |
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I don't think bitcoin will be an antique.
That will happen after the supply of bitcoin reaches 21 million, and the value of bitcoin will rise.
All cryptocurrencies have no physical representation. Otherwise they will not be crypyocurrencies if there were physical iterations of bitcoin and ethereum. In this same manner, bitcoin would not have a useful value once it becomes obsolete since the coin is a program, not something that you can touch and get your hands on. So bitcoin will not be antiques |
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