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For me, i don’t think that in 5 years we would have progressed as a world to be able to integrate bitcoin then we would all be dependent on it.I hope in five years later cryptocurrency will can accepted in some country and legalized it. And bitcoin still market leaders in crytocurrency.In my point of view, cryptocurrencies are still be very well recieved and well used by people but I think five years is not enough time to get all the people in the world to convince that this is the future of money. It takes time but in the future it will happen.
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i am buying Load with bitcoin. Also there are many online store now that accepts bitcoin as payment. Microsoft accepts Bitcoin. You can "redeem" Bitcoin on your Microsoft account and make purchases through the online Microsoft store. They are the Biggest retailer that I know of that accepts Bitcoin. Other large retailers are Newegg and Overstock.Bitcoin can also change to fiat, this is one of the benefits of btc.
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If in my opinion, if the government can accept the existence of bitcoin may be economically a country that receives bitcoin can grow economically, because maybe bitcoin basically present to provide an opportunity for us not to be away with people out there who financially have the ability to do something from what they have.Those countries are just banning them because they are just too scared that people may rely on themselves rather than the government itself.
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That was indeed true. Bitcoin is not a legal currency because it is not accepted by most of the governments of each country. In addition, it is not centralized and regulated by them. The transaction is unknown and also the developers.no one can manipulate it and most of all governments cannot find out who owns it or make you pay taxes. There is a huge hassle process and it's expensive to track it, make a whole set of laws. You get the point don't you.So to what extent it can be a lawful stance unless it is totally acknowledged by any nation or government!
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Yes, the volatility of bitcoin is primarily due to the fact that its price is not regulated as ordinary money. In each state, the central bank monitors the stable rate of national money, throwing out additional bills on the market or withdrawing them from circulation. Also, the rate of national money is strengthened by buying or selling foreign currencies.volatility has its advantage as well specially for daily traders. Most of them takes advantages of the wild price swings and uses their TA go look for opportunities.We can buy at a cheap price and then sell it if the price has gone up. Imagine if bitcoin price does not change the price, maybe you will be more dizzy. in the long run 1 or 2 years. so you do not have to worry about price volatility.
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Dude trust me, its never to late to join to cryptocurrency train. Just buy it now and hold it, or do some litle trading with it. The price of bitcoin is cheap now, who know at what price bitcoin next month. In my opinion right now its the right time to buy bitcoin.Do not wait to buy and collect Bitcoin as much as possible, because we do not know what will happen in the future in the near future or in the long term. It's possible that Bitcoin's price will decrease to lower, and Bitcoin's price will probably increase soon. So you should make the most of this opportunity.
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I think it is because of lack of knowledges and informations that they probabbly didn't know. Yes for us there's a big potential to earn in bitcoin while others they stIll living with a classic ways.These people ignore the facts most of the time and are afraid to do their own research.I think the lack of knowledge also does not want to learn about the world of crypto is certainly the reason why there are still many people who are unsure about the world of crypto. but if from those who are unsure about the world of crypto who is willing to follow the crypto activity of course I am sure they will believe that the crypto world has a pretty good potential.
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Personally I don't think regulations would harm bitcoin in the long run given that people also need to find some sort of legal assurance if in case they decided to dive in the world of cryptocurrencies. Short-term, bears would make a fuss out of it to make it look like regulations spelt the doom for cryptocurrencies when in fact, it will actually do more good than harm.... To protect the consumer that is...
On the other hand, with so many scams, perhaps it's bettee to have regulations. Since we do not self regulate.
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Bitcoin continues to control the cryptocurrency market becuase it has been the first cryptocurrency, it has the largest amount of supports and it has been proved to have a stable system for the longest time....Other areas bitcoin can improve upon are the energy requirements used to mine bitcoin, it will always be a sticking point for many and something to attack bitcoin over. If a way can be found for mining to remain as is in terms of profit and function but to greatly reduce energy consumption then that would be a big improvement.
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I don't think that any government can regulate bitcoin alone, because they can't control Internet.Only some kind of regulation on the world level is possible, but I doubt it will happen soon. I think governments will follow this recommendation and regulate bitcoin. Actually there is no way to regulate bitcoin blockchain, what governments can regulate is the places where cryptocurrency are exchanged into fiat currency. i.e. Fiat/crypto exchanges.So i think they can't control it and they can't regulate it. Even though that happens people will do make a way to take out this issue.
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Maybe.But as of now i think it's far from being possible.Yes cryptos at the moment are really famous but it's not yet implemented by the government.And since it has its own decentralized system,i think the government would find it hard to trace all its users.And it will be a long run for cryptocurrencies to replace fiat money in future.It is everything Bitcoin is not. Crypto will replace only fiat money when governments are replaced, maybe even the whole society is replaced.
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Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government.Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored. divisible and fungible have value and all of its backed by an enermous distributed network of bitcoin miners and a worldwide of bitcoin nodes. Most of all bitcoin is very volatile relation to other currencies thats why bitcoin have value.
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Futures investment is highly risky. Especially on many platforms, the platform itself will hedge some big investments. If you invest a lot of bitcoin into future.
just use google and you will find them. shorting is always 10 times riskier than simply buying bitcoin because if you buy bitcoin and price goes down you can just hold until it recovers and you make your money back. but if you short but price goes up you lose money period.
not to mention that you are shorting bitcoin which many consider the dumbest move because it is a coin that is on the rise most of the times.
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The manipulation is so severe that bitcoin had just recover 5% of its lost, I really think this is not enough or we can not still see the potential positiveness of this news because of manipulation from many whales and so we can not still see the real deal for bitcoin value.But the current downtrend seems really clueless to me because market is not flooded with bad news. Instead we have lot of positive news floating in the market. Along with Germany's adoption, the G20 summit also signalled positively towards cryptocurrency. So I am failed to understand why the market is reacting so badly and going down constantly!
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I would say that BTC was in a bubble, because let's be honest, the value we saw during December-January was insane, it was artificially increased, it just couldn't keep at that rhythm. Now I think we are seeing its actual value, and I really hope we will start to see a slow increase, so you also need to continue to follow this coin, also the coin works well with the investment and you can be interested in already over this area.
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Even if you preferred Gold or Silver there is no guarantee that they will earn a stable growth of 20% to 35% investments don't have any assurances and to give you a brief history Silver was valued more compared to Gold, look at where they are now? This give as an understanding that in the future there are really no guarantees on what will happen to their prices.it is getting more and more popular with each passing days. most people have been investing in bitcoin in the hope that it would pump hard in future and it would be profitable for them.
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