 I couldn't wait any longer and jumping into cryptocurrency pretty late. I understand I have invested at the high end as of late, but with the rapid growth over the last several weeks I would be a fool not to jump in. What are the predictions of the bubble before it bursts and drops back down? Also, I imagine it should become my goal, as an investor, to actually use the bitcoin for what it was created to do. Peer to Peer purchasing in a free market, not relying on the banks or 3rd party taking their cut. Where can I begin actually using bitcoin to purchase normal household items? If you are patient, maybe in the long run the cryptocurrency will continue to grow and you will receive the results. But in the investment world all the risks must still exist, and you must be smart in determining the right timing to hold or sell them. |
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
Of course, blockchain can still run without bitcoin. Because now many market coins have high potential and also many cryptocurrencies that could replace bitcoin if bitcoin does not exist. |
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Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
When viewed from the risk, bitcoin is more risky when compared with banks. But the risk is worth the profit that can be obtained, the benefits can be obtained from bitcoin is also greater but it if you know when to sell and when to hold it. |
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What will be the faith of bitcoin investors against next year? Will bitcoin price keeps on falling or gain it's momentum by increasing again?
No one knows what will happen to bitcoin in the future, but for bitcoin holders of course expect bitcoin prices to increase. But if seen from technological developments and the more people who are interested to invest bitcoin, bitcoin prices will definitely recover or even increase although there must be a time when the price back down because bitcoin will be affected also if there is bad news about it |
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Hello. I have been searching for masternode. Can anyone tell me what is masternode and how can we earn from them ??
From an article I've read, Masternodes are nodes that run the same wallet device on blockchain, aiming to provide extra service to the network. The method can be a passive income for the owner of the masternode minus its operational costs. The method itself is divided into blocks of blocks and each Masternode will get a certain portion of the prize for each block. Hopefully my opinion can be helpful  |
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One of the reasons governments point out for not legalizing bitcoin is the fact that is prone to scam and not regulated. The government will want to protect his citizens from anything not regulated and anything that's likely to be defraud from. You will agree with me that that's alot of scam activities going on with bitcoin, there alot of news going on with bitcoin scams everyday which the authorities are always aware of.
All these continue to happens, the government will still have reasons why they will not approve and legalize bitcoin. As they will always talk about the disadvantages aspect of cryptocurrency and neglect the greater benefits cryptocurrency brings.
I agree with your thoughts, but at least the government is looking at different sides to better understand the positive impact of cryptocurrency. If viewed from the technological developments of the last few years very rapidly may be more rapidly in the future, with the existence of cryptocurrency will be very helpful so that we do not lag too far with the state that has legalized bitcoin. it's just my personal opinion maybe the government more regard cryptocurrency as negative thing i don't know  |
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In Korea, ordinary people, with no prior experience in cryptocurrencies, have been lured into the cryptocurrency markets in recent weeks by the soaring prices of Bitcoin and its competitors.
Nowhere has the public frenzy been more feverish than in South Korea. It was on South Korean exchanges that the price of Bitcoin first hit $10,000 last Monday, hours before traders in the United States reached the same level of exuberance.
Even cryptocurrency enthusiasts in South Korea are concerned about the sudden rush into Bitcoin and Ether.
They say investors are often getting in with little grasp of how cryptocurrencies work, like the decentralized network where all the transaction records are kept, or why they may be valuable over the long term.
Korean investors say they know they might lose money, but they are holding out hope.
I am impressed by the Korean government, because they can make people think for the future by investing in the world of cryptocurrency. I hope the governments of some countries that have not legalized bitcoin will follow the government of a country that has legalized bitcoin like korea, so that people are not surprised with the development of the next few years. |
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Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
Most governments may think of bitcoin or other cryptocurrency can affect the state's financial instability, because each country also has its own currency, most countries also only prohibit the bitcoin or other cryptocurrency for the means of payment instead of prohibiting the ownership of bitcoin. So maybe in the future it could be that every country would legalize cryptocurrency as a legitimate payment instrument around the world. |
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This will be good news for the world of cryptocurrency in the future, and may be able to have a good influence on a country that has not yet legalized cryptocurrency to be able to follow a state that has legalized cryptocurrency and the world will grow and then cryptocurrency becomes one of the legitimate forms of currency in every country.
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That might happen, moreover, the more people who know about bitcoin it could have made bitcoin focus in the business industry. Maybe bitcoin will become more popular in the future and it will increase the possibility of bitcoin focusing on the business industry. That's just my personal opinion  |
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If I might think of holding digital asset access not only for myself but also giving access to my family too, because some bad possibilities might happen at any time, so at least if access to digital assets is not just private, we may lose all assets will be smaller and the assets we have collected will not be in vain.
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That's probably because Australia is one of the most open countries about cryptocurrency, I also hope that governments of every country that have not legalized bitcoin will open their eyes after seeing what the Australian government does and cryptocurrency will be the legitimate currency in every country.
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A news from ABS-CBN, a Filipino Media and Entertainment Group.
MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.
Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.
What are your opinions?
In my opinion, that is why we have to learn more about cryptocurrency before entering the world of cryptocurrency, because with us learning we become more understanding and able to choose which scams and which are not scams, so we will not be easily affected and can go more far in the world of cryptocurrency without fear of scams. |
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I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.
My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
It's a good idea to find out why it's illegal in your country, if it's because the government assumes that bitcoin and other digital currencies endanger the state and will suffice people using bitcoins, it's better not to violate government regulations because it will hurt you. But if the government is limited to banning, you can still play in the world of digital currency at your own risk. |
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