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Well, I think there's a possibility that bitcoin can surpass it's highest peak on last year 2017. But unfortunately, in our current time we are still suffered from it's long run of dump but don't loose hope because we still have almost 6 months before end of this year so we have a lot of time of waiting to pump. It so good that if bitcoin do the best movement for the next few days and may hoping that it will be the start of it's recovery.
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Can someone be punished or sent to jail just by holding bitcoin in banned country?
What will happen in case of trading bitcoin in country where bitcoin is banned?
Well, being banned is actually means that something is prohibited to do and that will be very restricted. It is better that we know exactly the given restrictions or rules about banning bitcoin so we can be much aware to that and we can't able to do something to violating it. But unfortunately, even it's totally banned in our country there is always a way of involving to it without the acknowledgement of the third party which is bank and government. |
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The South Korean government had to clarify its position in response to the recent decision of the Supreme Court of the country.
In fact, the latter stated that crypto-currencies are assets whose value can be measured. The position of the Government should be different from that of the Supreme Court.
Well, it is true that this news would bring the big impact to Bitcoin which is good effects to it's adaptation and legalization. In the past few days there are a lot of negative news that spreading worldwide about bitcoin and so sad because that is really affecting to btc movements until atlast now there's a good news came and many of us hoping that it could really help to Bitcoin and I believe that someday other countries will finally recognized the true essense and importance of btc to us. |
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In fact, the media can give the biggest impact and effect to all the things that they are advertising. Like for example, Bitcoin. In at present time they are spreading a lot of negativity news about it so the bad cause or effects of that is it can be lessen the increasing number of people that willing to invest to btc because they are now felt doubt. It will be a destructions to Bitcoin. However, I think that there will be a certain reason why media spreading negative news and reason is maybe because they only wanted is the people are need to be much aware to that so they won't be able to experiencing the same situation.
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It is true that it is perfect time to buy when the price or the value of it a is in much lower cost. Mostly investors are doing that such thongs which is buy in low and then sell in high cost. In this strategy we can able to earn much higher profit from it. We just need to with the right time to sell it when the price or the value of it are much higher than the value of it when we buy it. It can be multiply our investment in many times so we need to be much smarter and wiser.
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I spend about an hour daily. How much time you spend on researching about bitcoins ?
It's been 7hours every single day that I'm spend time for it because I'm very interested and willingness doing it. I just love to read anything about to this system so I can be much aware to this. I do gathered a lot of knowledge about this system that I'll always use in my daily transactions here so it is very advantage to me if I'll continuously researching and do self study about it. |
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If you wanted to have insurance and secure your investment,we can do the right strategy in a way of using diversify. In diversify, we are investing in two or more different coins that can help us to avoiding from losses. If ever that one or your coins are failed to succeed therefore there will be the other coins that can give you a chance to give you some profit.
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If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
Well, in my own opinion, I think having a sometimes bubble is typically normal to this system because I believe that in any kind of investment there are actually has a kinda bubble so it's really part of any investment. However, it is not a big issue as long as we can continuously having benefits from it. As long as we can earn and gain from it I think that's only a little problem that we need to conquer if we wanted to make profit. |
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At last no more fake news spreading. It will be help to bitcoin system so much. Bitcoin can actually starting again in a way that no more negativity that surrounding here. I think because of removing and stopping spreading negative news, bitcoin can be reach its massive adaptation but I think it takes a long time for that but I'm pretty sure that it will be happen. People are now happily have and involvement to this system because they can't hear or see now the negative issue to bitcoin instead, better and good things are now spreading world wide.
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It's really good to know that there will be an app like that which is using btc transaction with offline mode. This would be mean that there are much more people can use that apps even without internet connection because even if without a signal in some areas it can be also use it, so I'm very thankful to the developer of this technology. Good job. |
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As it seems that more and more when do I get rich, when do I sell and o shit we are going to crash topics pops out....maybe its not so a bad ideee to read something else.
In the first time since ever, you got the chance to have financial freedom and the power to break the invisible chain of slavery that you carry.
No war:
As your shitty gov cant put you, your soon and your unborn grandson in debt and pay the guns. You even don’t need to go demonstrating that your again the war, you just simply say: I dont give my bitcoin for your war!
Play even:
Gov A cant sanction Gov B just because Gov B people believes in another imaginary friend high in the sky. You cant block a bitcoin transaction.
No shady big corporates:
You just dont lend them your bitcoin as banks do with your funds.
I am sure you can think about 100000000001 more other good think that can be done.
Bitcoin was not made to make you rich, its was created to make you free
They say: If dying for your freedom is not worth it, what does it?
Well I say: If spending 10% of your income dont worth your financial freedom, what does it?
Let say you got 1000USD a month, convert just 100USD every month in bitcoin and spend it where ever you can. Just buy things using your bitcoin. Spend it, not sell it for fiat. Dont nag about high fees, (its not high anymore and just use segwit address, use android samurai wallet). Bitcoin gives the same advantage to some pour guy in a 3rd world as it give to wall street boys. You dont need to help unicef use bitcoin and you are directly helping the whole world at once, including your self. Use it, spend it, dont hodl or sell. Use it for what it is supposed to.
Bitcoin isnt a store of value or get rich thing.
Bitcoin is freedom
Bitcon is no more war
Bitcoin is no more debt
Bitcoin is you in power!
Bitcoin is the way to reach every one's success in life. It will serves as a remedy to all the struggles and difficulties that people are encountered to their lives. It is the stepping stone to have a financial freedom. All in all, it is a full package of huge of opportunities and benefits that continuously serving us. |
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Do you think that cryptocurrency should be taught in schools or University? Specially in the field of business management?
As a student, I believe it will give us an advantage to this so called cryptoworld, right?
I think that would be a better idea and good thing that is needed to give importance by the government so it will be inplemented in all universities and schools. However, I thought that it will only be possible to the countries that already legalizing and adapting Bitcoin and cryptosystem. |
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after long time bitcoin price start to recover from last month hopefully it will contineu in possitive site
Even we are experiencing downfall, for sure it will bounce again and for sure it can be able to reach it's full recovery and may have a change that it will continuously rise until it reach it's bullrun season. No need to worries everytime that we do experiencing difficulties because there is always a rainbow after the pour rain. Just have faith and believe. |
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Thank you for sharing your knowledge with us to check and follow the price of the bitcoin. But, I have one question for you sir, is this more reliable than the existing sites and applications that also follows and checks the price of bitcoin like https://coinmarketcap.com/? If that so, I will use this for my future preferences, but I think https://coinmarketcap.com/ is up to date and more reliable. I agree that the best way to be updated and aware to the movement of Bitcoin is in a way of being active and daily monitoring the cryptomarket so we can do to make the right quickly movement if needed. In my existence in this field coinmarketcap is one of my best basis in calculating the movement of my holding coins which is much effective to do. |
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I believe that a huge portion of the the crypto community are still young college students that don't have any necessities that need another source of income aside from their scholarships / the money they are getting from their parents .
And apart from spending their cryptos on either betting or purchasing goods/video games from online markets , many of these students didn't make plans for what they'll do with their coins in the future.
I myself have had many thoughts about hodling and launching a business as soon as i graduate with the coins in my possession , yet i'm not exactly sure what i'll be doing ..
So i'm really curious about :
- On what do you spend your coins apart than partying/gambling/paying for tuition loans ?
- Do you have any future plans for your coins if you are hodling any ?
I think some of those people are not know the true essense and importance of crypto to their life which is so big mistake because they wasted the opportunities and benefits that crypto could gives to them. However, there still some collegeous that are matured enough and they can already know how they manage this system and they know how important it is. |
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If that would have been easy then it could have been already being followed everywhere. But its not! Merchants fear because they have to track the sales, earnings, pay taxes and much more. There is no provision for this purpose yet and thats why they might not just accept it so easily. For customers it gets difficult to wait in the coffee shop until they get sufficient confirmation of the bitcoin process. So there are not single but many problems in using this currency. Until the time we dont see huge set up for this then we cant see any progress as whole really.
You are absolutely correct! It is hassle free if we just need our cellphone, the internet connection but as to the proces it might take time. There are just things in this world that crypto currency will not make it easier, just like what you said, purchasing a coffee, or anything that can be quickly done with our fiat money. Most especially when there is a problem with the internet connection. Well, the best important thing to make it be possible to happen is the use and presence of the internet connections. No doubt, this will be a chance to happen but maybe it takes much more time because like what some other's said it is not an easy things and there's a lot of things that we needed to consider first. But if it will be happen, I believe that it makes benefits to us most specially in doing transactions. |
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Where to find latest news on Bitcoin?
What are the website to increase knowledge and updates on Bitcoin?
In gathering information and to have a full knowledge about btc and anyhing that is connected to it you must have your own self study and research thru websites like google and YouTube. You can also have information thru this forum, in here there are many information that you can gain here. You can go in beginners section and do participate in all topic there so you can able to be much aware to the system. |
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Due to bitcoin price changing from time to time, it is better to buy more bitcoin and hold it. Bitcoin price fluctuates. It is volatile. So, it will give us more profit in the long run. These days, its price is lower than the past few months. It will be a good opportunity to buy more. It will surely give us more profit when its price rise again. Buying and holding bitcoin is still one of the best ways of earning more money/profit.
It is really profitable to invest or buy coins in the downfall period because it is much profitable to all inventors. Buy low and sell high strategy is making people rich. Right strategy in the right time make easily to us to reach our investment successful. But unfortunately it really has a risk, and we to be much wiser and smarter to conquer all the difficulties here. |
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Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
We are all expecting that but i will still believe that one day they will see how bitcoin help our economy and the people itself. Bitcoin truly help us and the economy because thru btc there are more unemployed that are now earning with btc. I agree, we as a truly believer of btc and some other crypto are really knows what can crypto currencies brings to people. We do believe that crypto is the one of the better solution to our economies problems. One of the problem that until know faces the economy is the increasing number of unemployed people which is thru the presence of bitcoin it really made decreasing as of now. Because of crypto there are huge of people whose unemployed are now having they financial freedom it means one of the main problem in economy is making solution by the cryptosystem. However, even some of the country's are banning crypto, I believe that someday they will realize the true essence of btc and other crypto. |
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