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Its a great step taken, bitcoin ATMs are present in many other countries, how many total ATMs have been installed till now, it should have a rapid growth I believe.
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My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.
Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
This really not recommended, selling his car for bitcoin is ok but not doing work with the hope that one day bitcoin will rise to $500000 should really be avoided, keep you regular work as usual, you can alternately invest your saving or any money which you do not need currently in bitcoin or any financial market, volatility is very high in such markets to each step is to be taken carefully. |
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I think this is the right time for getting a good profit in the future. I want to give to advise that it is a chance for the investor, now buy bitcoin and hold for some time and you know what to do you can sale your bitcoin when the price is high.
Agreed, bitcoin is going thr a sideway trend currently and have very least chances to go more down but one can take risk till 5k, bitcoin will be accepted by many financial institution and sales point, once it gets wider reach price will shoot like anything, one should invest the only money he/she can afford to lose, do not ever invest money of your need. |
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I have been reading about exchanging sites. all of them have people who lost their money due to hacks, or investors got their accounts closed, frozen (Coindesk) without proper explanations, usually exchange sites let them deposit money, but they don't let them withdraw their money.
Kraken(some review sites list this is as one of the best exchange site, what a joke) is also a shit hole, the same thing, money and coins missing, buggy laggy website, no customer support.
How do you make money of cryptocurrency when the exchange sites are predators to hunt people's money? Decentralized trade sites maybe? If I read positive reviews about these centralized exchange sites , they doesn't seem genuine at all, most of the time, it looks like someone ordered them from Fiverr. Binance, Bitfinex with the Tether fiasco, Coinmama.... All of them looks like scummy attempt to get your money.
Some shitty exchanges may have scammed people but I have traded in many crypto exchanges like Idex, Bancor, forkdelta, Binance, Kucoin, Yobit and many more I did not gey any issue in depositing and withdrawing funds, yes sometime due to congestion in blockchain, transaction may take some time, as stated by someone in previous post if exchanges keep on scamming people nobody will deposit their hard earned money, chose the exchange wisely and try depositing and withdrawing minimum amount first. |
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People go here and there spooling,spreading and propagating FUD to get on peoples emotions and to put them on PANIC MODE just so they sell their BTC, and you know what, PANIC SELLERS in these industry are LAZY, they can't and won't research and understand after lots of rise and fall in these year that the KING of all digital currencies is just going through a phase.
I personally Love PANIC SELLERS, and I hope there can be a section on these platform where they register so that people like me can contact them to buy CHEAP from they..
GRACIAS PANIC SELLERS, MUCH LOVE TO ALL OF YOU OUT THERE BLESSING FUTURE MILLIONAIRES WITH YOUR COIN
Panic selling is not by choice always, these are those people who either have invested most of their funds in any financial market or have invested funds of their need, in these both cases any loss to a particular coin, equity or anything may lead to panic sell, as stated by many legends funds are to be invested wisely with risk appetite which most of the people in financial market do not follow, however panic selling leads to good profit for big whales. |
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Is this really happening. I think this will be huge support for existing of bitcoin. Recently,I heard that Samsung started to accept Bitcoin on 3 countries. It is said that customers in Tallinn, Riga, Vilnius, and Kaunas in the countries of Estonia, Latvia, and Lithuania will be able to purchase Samsung smartphones, tablets, laptops, TV sets, and more with cryptocurrency.
IF this is true then its a great forward step in the world of cryptocurrencies but I did not read any such news anywhere, as per my knowledge blockchain technology is being adapted by many banks and financial institutions, I am from, one of the major bank is working on their separate blockchain, it seems that future for cryptocurrencies is bright. |
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ATTENTION EVERYONE!Baanx Bounty Staff here we are starting a NEW Baanx Bounty next week which will include many new categories for earning BXX, including:YouTube Videos
Facebook
Medium Blog Posts
Memes & Illustrations
& More! There is now a new thread here on Bitcointalk and a new general spreadsheet where data will be recorded. The old threads and general spreadsheet WILL, of course, remain up and accessible.  If you have any questions, please ask here or send a DM before we transition to the new thread. New bounty begins on September 10, 2018. (9/8/18). Cheers, -The Baanx Bounty Team Hi manager, where is the spreadsheet for 1st bounty, the one available at first page does not have coins calculated. |
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I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
Initially its very hard to understand what cryptocurrencies are all about, I believe many of us even on this forum do not have idea about the whole concept, so its hard to make anyone understand, also I would you to suggest that instead of giving only concept of making payments thr cryptocurrency, try to convenience them on other transactions, like inter country transactions are fast and secure with crypto. |
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Every financial market is a risky market, crypto is also a risky financial market, where your investment may to up by 10X and the same time it may go to 10 down a some couple of days, people have seen it in these 3-4 months, I best thing I like about crypto is there is no margin trading so atlease your investment cannot go to Zero 99% of the time, if market is low today it may come up in future, investment should be as per your risk appetite, do not put your money of need, always invest a spare amount, it will surely decrease the fear of losing.
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Oh I did not analyse these chart ever, maybe because in 2014 I was not having any much idea about cryptocurrency so never had look on 2014 chart, thanks for bringing up this comparison, its seems that 2014 history will repeat in 2018 charts are looking so similar, I see current level of BTC as bottom, I am expecting a upmove from this level, good analysis.
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Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
One, two or three how many countries can block bitcoin, not all, also its not about blocking bitcoin, bitcoin is only one currency on blockchain technology, there are million of currencies developing and executing on the same platform, logically its not possible to ban bitcon all over the world, it can be banned by one, two or three counties but not by all. |
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As I was a student, I wondered that only state could issue money. What if this state is corrupted? Or stop existing? I realized that it seems like all people only imagined that their money has real value because in fact, it was not so.
Today any person may create a currency and that is rather a challange than a problem. However, it seems like people trust each other more than it was 10 or 20 years ago. And it seems like all the limits are gradually disappearing. We already have smart contracts, the possibility to buy and sells goods using cryptocurrencies, and what is more important - we have a freedom and opportunity to choose what we like or not. Basically, the sum of those choices designs the future. I think that decentralized communities would win and the states in classical meaning would finally collapse.
No no its not about people's trust on each other but most people investing in cryptocurrencies even do not know the algorithm behind it, they only invest with the idea that their investment will grow one day, blockchain technology being decentralize, fast, secure and fast is attracting people to invest in cryptocurrencies but there is a also a dark side of this business so many frauds are happening which are not controllable, there must be some protocols to launch and use cryptocurrencies. |
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Blockchain technology is the latest innovation in financial market, why banks need to adapt blockchain is because currently banks take 3-4 days to transfer money from one country to another and charges are quite high, transactions are also not transparent, whereas after using blockchain technology transactions will be fast, secure , cheap and transparent.
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