After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
For me yes one of the strongest cryptocurrency that strongest in the world because as we can see there so many people or many currency who trying pull it down the bitcoin but as we can see bitcoin was continuously increasing the value and i have a big trust of bitcoin. So why we say that bitcoin is weakest currency if have a many investor and continuing the increase of the value. Some of the people are comparing gold and bitcoins but still bitcoin will dominate because its easier to earn and bitcoin is also the strongest digital currency because of its price that is increasing periodically. |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
The basic principles of marketing is with high demand and low of supply then the value will increase this simple concept will explain your entire question. There will be no accurate predictions if you want to know when the price will rise or decrease it will always be depends on the flow of the market. |
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Future of bitcoin economic is depends on mass adoption of bitcoin.we believe the price will rise up.
You are right if more people will buy the bitcoin they will get more and more value but if you will hold the bitcoin for the huge profit you will be able to have more profit, it is the time to invest more and get more profit, I am using the signature campaign and I know my income will get more and more high as much as the other people will invest and the bitcoin will become very famous. Actually most of the investors are business man and the value of bitcoins is keep on increasing because there are a lot of demands and the traders are just holding their coins that's why the value is keep on increasing. |
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It was just like a race and they are tired of running the long way and choose to run the shortcut, Scammers are lazy of working or maybe they are programmer who are smart enough to surpass the innocent minds of those who are new to technology.
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No I don't think so because paying with cash is embeded in our daily life. Paying with cash cannot be remove nor vanish because it is the old way mode of payment. Most of the people are much prefer to use cash instead on digital currency because store are mostly accepting a fiat as payment. Cash will always exist and never be removed nation wide, Fiat is the very first currency to use nation wide and not every country is using bitcoins and it was hard to adopt immediately for governments to migrate their currency. |
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Can you really be sure you will profit unless you have insider info?
When we say trading, it is a mix of educated guessing and luck for what you believe will succeed in the coming years. The profit you get from trading is the fruit of your strong desire to succeed after risking an amount of money that you believe to grow will your trading skills at hand. Trading is also like gambling, You never know when the price will increase or decrease and you really need to have a very good analyzation before investing into a certain coin to make sure that it has a potential and you will gain profit from it. |
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It depends on how do you want to use bitcoins, Since it is a digital currency some of the online stores are using it as online payment or you can also hold your coins to earn more profit in the future.
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Obviously, bitcoin is helping many unemployed people to start income.Many people are only dependent on bitcoin because it's giving so many earning option.Bitcoin is helping people to making life better.I know some of my friends who were helpless because they hadn't any job.They start working on bitcoin and they are now taking responsibility of family.I am sure bitcoin has brought smile to many jobless people. Yeah that's true i know a lot of people who stop working in the corporate world to focus in this industry and they all earn enough money to sustain their daily needs. I have a day job and i am still working on bounty campaigns and take it as a sideline. |
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I know they do. Those billionaires are expert when it comes to financial aspects and btc would be a good way to multiply their wealths. They must be hoarding a lot of btc right now and going to dump it when the btc reached $10k.
Even if they are not experts, they seek experts advise, not just only one advise but so many and then weight their options based on those advice. They are investors and they have always known how to take risk and opportunities since it looks more of a viable option to them. Billionaires are surely into this and even if they are not much, most will surely get in at some point. Yes i agree to that, businessman are always taking opportunities to expand their resources and they hire expert business advicers to lead them in the right way to earn more money and bitcoin is one of the good idea to invest money. |
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Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
If government will manipulate bitcoins circulation, The value of this coins will reduce because they will be placing tax. Next thing is that, A lot of traders will be disappointed and companies will reduce investors. I hope that government will not control bitcoins in the future so we can still earn more profit. |
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I think they can stop bitcoin if they serious about that, you know goverment they have a power maybe they can increase the price of bitcoin and lower if they want to involved but i think bitcoin can help the economy, possible that they want to stop bitcoin.
They can really stop bitcoins because they are the leaders of the country but when they ban bitcoins then a low of complains will happen coming from huge bitcoin companies because they will lost all their investments if it happens. |
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I have been working for two years overseas, and according to the news I get from various sources, the unemployment rate in my country is on the rise, inflation is high so it can be said that the economy in my country is not good.
The only reason why people leave their country to work abroad is because of the low salary and it was an advantage for those who knew how to earn bitcoins because it was really easy to earn by working on bounty campaigns. |
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this is just bullshit, bitcoin is a digital currency, and paper money is the currency that is always used for the exchange of tools that is recognized throughout the world. besides bitcoin will not do any good if it can not be exchanged for paper money.
Right. Cash will not be extinct because digital money exist. It will be hard to anyone to adjust with the use of bitcoin. Not all enterprises specially small enterprises will accept this as a payment when a person buy a good that you have to pay for a small amount unless all product will increase the price. Beside to that the government for sure will not accept that manner because being decentralized of bitcoin, it does not need to pay any taxes. Not every government is allowing bitcoin to circulate in their country and because of that cash is still the main source of our income. Bitcoin is just introduced now a days and not everyone can earn bitcoin so i think that it was impossible for bitcoin to replace cash. |
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Yes it would definately be popular
pherphaps even more popular as we could focus more on the underlying blockchain technology and less on the volatility of the price
Bitcoin is popular because of its value that is consistently increasing. There are always risk in life and if you want to pursue the path of trader but without hardship there is no success so its normal to fail sometimes. |
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To replace the dollar in the near future is certainly very difficult, I'm sure that bitcoin can not replace the dollar because of many factors that affect, for example is a decentralized issue that is difficult to accept legally.
There is no way that we can make a comparison in between a crypto currency and some internationally recognized currency like that of dollar. There is no doubt that bitcoin is a very good thing and it has so many features but the thing is dollar is an international currency and is having a very good reputation in the entire world. People are using it since centuries and they think of dollar as the best currency. Fiat currency existed without bitcoins and i think that it is not really possible for bitcoin to replace dollars. Dollars is used by different countries and bitcoin is not so its not possible for virtual currency to replace dollars. |
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In my own opinion, China is the best to earn bitcoins and why?, Because the electricity bills is quiet low and it is the best place for a mining rig to run. There is no doubt why china has 30% of contribution in the market.
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yes I am disagree. the bitcoin has been reached to every country and go forward successfully. there is no chance to finish or to failure of the bitcoin. it is better until than gold.
There is a chance for a bitcoin failure, but it is only in my situation after 2040 when all his stock is mine up and you can think of what's next to itself. Yes there is a chance but it was very low and bitcoins price right now is very high to lose its value. There is always a risk in investing and we need to take that risk so we can earn more profit because that how life works. |
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Sure all of us want to be rich!!But practically none of us will really obtain that.I believe the crypto market can be compared a small little bit with the gold hurry.From those who went searching for gold just a number of turned out to be wealthy.But these who bought shovels and mining equippment, they made a fortune.Hard operating alone won't make u prosperous. You require to be wise to achieve that goal.
From that kind of question, Who wants to be poor forever. It was a big advantage that everyone is earning enough money here in this forum to sustain their daily needs and its easier rather than working in the corporate world. |
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The growth has begun and the same might take the price reach $6500 by tomorrow. Hope the month November is gonna make a big change in the entire digital currency market as well takes the price to reach several new all time high values that haven't got recorded in the past.
Yes the very first reason is because the value is increasing consistently and it was a long term investment because you will earn more profit in the future. But you can still work on bounty campaigns if you do not want to buy bitcoins. |
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If you are confused then why you cannot do both, Because both will make you earn more profit. Holding your coins will make you earn more money and while waiting try to work on bounty campaigns so you can earn more profit.
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