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Honestly, one main problem about blockchain today is the high consumption rate of most crypto mining plants. The solutions can easily be found in some ICO projects such as 4NEW project that is planning to provide cleaner energy for mining.
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It is quite unfortunate if the news is really true. I believe the activities of hackers really have a negative effect on how investors perceive the crypto market and this is really affecting the world of crypto. The hackers are around us, it's hard time we take security tips seriously so we don't become victims of attacks.
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There are many contributing factors that are hazardous to bitcoin and Ethereum, not all bounty hunters indulge in activities such as dumping of coins as soon as they are listed. There are many situations were bounty hunters have contributed immensely to the development of the crypto world by inviting reputable investors through their advertisements.
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The bitcoin ETF and the sec issue has really affected the price of bitcoin on the crypto market. I believe this has contributed negatively to affect how new investors would have wished to join the world of cryptocurrency.
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Am for the HODL approach and this is best way to behave when the price of bitcoin dumps. I know it is not easy, but you have to try. The future of the world and its finances lies in bitcoin and the other cryptocurrencies. The best way to learn about the up and down movement of bitcoin is experience. Experience is the sure way to learn about an activity.
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Bitcoin miners are very important but I don't see how they affect the price of bitcoin. The work and the significance of miners cannot be over emphasized,I believe if all miners who have stopped the mining of bitcoin comes back, the speed of transaction would increase significantly.
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The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
I don't see any direct connection between bitcoin and the oil industry. We can talk about how the rise in electricity tarrifs affect bitcoin mining and consequently affect bitcoin. In general, the oil Industry affects a lot of stuffs around us, and this is what I have realised. |
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Both are in directly relationship and with out internet we will not get these much innovations and modern era will not be flourished like now, while internet makes the world a global village so we an connected with every one though Internet so bringing the world to this position Internet is very key role in reshaping the world and crypto is the new innovations of Internet.
Bitcoin and the internet are nearly inseparable. The internet is here to make working with bitcoin easier through the help of blockchain technology and the use of smart contract. The internet is really essential for bitcoin to flourish. |
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Personally, I believe that the world of crypto is already popular and viral. We can only make it better by making it attractive to new investors by changing things around here for the better. There has been many negative vibes in the past few months and that is making things worse. We can only hope for the best.
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Am surprise many people are voting for the volatile market and that is really incredible but am for a stable market though. I believe we need more investors to invest in the world of cryptocurrencies, I strongly believe that for the market to be investor friendly, we need to make the crypto market to be relatively stable.
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I also agree with the post, we need to encourage the use of bitcoin in business transactions and our daily activities of living. Certainly, bitcoin will certainly be widely accepted by all in the near future, the world will definitely see the benefits of using bitcoin as a currency for various business transactions.
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Bitcoin and blockchain technology are barely inseparable. Bitcoin being the first cryptocurrency to be launched has really propelled blockchain technology to a greater height. We can't say blockchain technology would develop rapidly leaving behind bitcoin. Bitcoin is the main driving force behind cryptocurrencies and blockchain technology as a whole.
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I believe other countries outside Europe can't wait to have bitcoin ATMs. Anyway, it is a good start, I believe the usual ATMs we have around the world started with a handful. Currently there are countless ATMs, as knowledge on crypto increases, the number of bitcoin ATMs around the world will also increase.
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I just want to add if in my country many celebrities are playing bitcoin. Most of them invested in this crypto currency. They are the celebrities including people who have big capital so they just hold it alone can achieve big profits. Most celebrities in my country are investing in crypto currency and being passive players means they are not actively buying and selling in the market. Especially the soul of a celebrity has a high curiosity to the new, especially to the crypto currency is rumored to provide great benefits.
There are so many celebrities who have invested one way or the other in cryptocurrency. The issue is that most of these individuals have not come out boldly to make publication on their investment. The future of the world lies in blockchain technology and cryptocurrency, all most everyone in the world including the celebrities need to join this amazing world. |
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For me this is a good sign nobody's buying the BS and hype anymore , bitcoin price should grow organically and should not be manipulated by certain individual who pump and dump the price of Bitcoin for their own benefit. Sooner of later Bitcoin price will grow.
Personally, I don't subscribe to the idea behind pump and dump as only few people always benefit at the end of the day. There are even dedicated telegram channels who are seriously in support of this. I don't think the pump and dump activity is helping investors who are new to Crypto. |
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In one sense, bitcoin is really invisible when you want to identify the name or identity of the owner of a particular bitcoin wallet address. On the other hand, the anonymity of bitcoin is debatable since almost all transactions on the blockchain network can easily be tracked or monitored.
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similar to China, now Indians have two options.
one is to migrate to other exchanges such as those that are not in their own country. there are lots of them too. from Bitstam, Bitfinex, Kraken for bitcoin to Binance, Cryptopia,... for altcoins.
another option is as other said to start P2P trading. which they are mostly doing now. there are platforms such as localbitcoins and a lot more of them locally not to mention all the decentralized exchanges that are currently around and can be used.
There is still hope for Indians in the world of cryptocurrencies although there are many negative speculations which are not in favour of crypto enthusiasts. No matter what happens, they can still engage in trading through the exchanges and P2P. I always prefer P2P such as the use of reliable escrow for all trading activities. |
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Speculation is needed to push things up. In other words, speculation is used by speculators to take advantage of the narrowness. like speculation to buy, sell, or hold in the short or long term. All is done of course for the benefit of the speculator.
Since the introduction of bitcoin in 2009, there have been several speculations on bitcoin and how unstable it is. Today, the market has really grown exponentially, in three to five years to come I see tremendous improvement in the digital currency market with the prices of the various Cryptos becoming relatively stable than it is today. |
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Certainly, there is more work to be done to make bitcoin gain much more stability so as to increase the number of crypto enthusiasts. We need people to trust the system we have in place at the moment so people don't lose hope. Novice are always scared, they need a system that they can trust.
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This is not a surprise to hear that a large percentage of Americans have already heard about bitcoin. I was even expecting a greater percentage than this. The level of education among Americans is far greater than many places in the world. I believe there is more people in America who have knowledge on bitcoin than the 80%.
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