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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China
This person is a Chinese and he is from CHina. Though the Chinese government is not allowing the use of cryptocurrency and ICO in China but the market have not slowed down. According also to the article I cited the exchanges have relocated around countries surrounding China and trading still occured through OTC trades. Well, this all means that even if our own country's will really banned btc and other crypto it will be worth less because I believed that if the people are really wanted and eagerly to adapt bitcoin in their lives well, nobody can stop them even if their government. Just always remember the saying that "If you want some things to have well there's nothing is impossible. We can do or we can have what we want just do everything just to have it.I can see how people are really love bitcoin because they make impossible things to be possible and they making their other way just to still involve in here. |
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I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
I think that will be possible specially when bitcoin and all crypto reached it's massive adaptation and implementation. But I also think that there are many things that is needed to consider before it's truly be implement.However, I think there is not such things that there will be someone whose still using national or fiat money because one's it's already implement there are also the synchronizations happen so all of the people are surely applicable or suitable for that way. |
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For me, even we are experiencing now a moderately decreasing, I think that in the end there will we a bullish run happen before 2018 will end. I believe that bitcoin has a great potential and it can meet or reach it's highest peak but still while we are waiting for the upcoming bull run there will be some difficulties that we will possible to experiencing. However, I think that there is nothing to be worry to that because I know and I believe that btc will make it's biggest movement which is a bullish thing.
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Well it depends on how the government look at crypto, crypto was meant as currency but in reality more people are using it as assets, so when the government state crypto as asset it is not a wrong judgement, but I believe it should be treated as currency because the main purpose of crypto being created was as currency, for me taxing crypto is not a problem but the government should go easy on the tax percentage
That's right I do agree that it is good to have taxes because as far as I know taxes are usually use for enhancement and to fully development of our economy. In having taxation in crypto let just consider that we can also help others in that way and maybe all of the people connected to crypto will be much agree to this when the taxes that subjected to it will be reasonable for us so no one will objected to this. |
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Because after ICO Tokens Can be buy anyone without submitting any KYC  Totally confusing this process  KYC= Know Your Customer is one of the criteria signed by the ICO initiator companies during their registrations. Apart from the need to comply with the regulators, the companies need to stand clean before any jurisdiction. If the ICO is over, the whole burden of KYC is lifted off their shoulders and then to the exchanges. This rule is useful to avoid bad things, in addition to preventing financial abuse KYC also ensure the security of investors. staying safe and comfortable in investing is mutually beneficial That was all true, it really serves as a security not to only investors and also for all of us. In this way we can also verify or distinguish if someone has a tendency to steal or hacked our profile. It also preventing using a duplicate account of one person which is consider as abusing of financial. I'll really appreciate this because it is really help to us to have a clean and worth it workplace. |
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We have been waiting a long time for this, everyone is curious to what exactly is going to happen. How much are we going down, where will we find support. What will be the outcome of this.
My 2 questions to you guys is:
- Do you have any tactic going into the crash, we might get one once the future trading starts.
For example: Going into 1 or 2 altcoins that might be good hedges against the BTC.
Last question:
- What will happen to alts?
For example: When BTC was skyrocketing towards $19k most alts were red, what do you think will happen to alts if the opposite happens? Will we see some green or red only?
I do use diversify. I invest for just 1-3 different coins at the same time, so even if one of them will crash there are still other coins that I'm holding has the opportunity to be rising up and giving me a profit in the near future. I can consider as a safest way for my investment. However, the decreasing of bitcoin value is literally a normal things of it's volatility. It is also a usual part of it's fluctuation where in after a bull run or normal rising up there will be a downfall season or decreasing value so nothing is really need to worry for that kind of situations. |
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The Bitcoin is reaching $10,000 again. Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea. Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money. Bitcoin (BTC.X): will this rally sustain?Do you think bitcoin will continue to increase?No doubt that bitcoin will be the future, not just a future it is serve to be a beautiful and worthful future to all of us. For sure bitcoin will always rising up again and it won't fails us. It continuously serve us a lot of benefits and opportunities so even if we experienced here many difficulties we still love it and supporting it and even if some countries banned if I'm pretty sure that someday it will reached it's massive adaptation worldwide. |
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Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
For you what is your own perspective regarding this matter?
The most important feature of bitcoin is being a decentralised structure. On the other hand, when it comes to bitcoin exchanges , it will become centralised which is means the money , the result of exchanges is the one being centralised. It is not the bitcoin itself being centralised. That was true, for being decentralized of bitcoin a huge of people is definitely reach their goals and perspective in life in a short period of time even the people who is in the young age for now they already become successful in their life because the benefits and opportunities that bitcoin decentralizing system that it has.Thus, being decentralized of bitcoin is the factor why most people loves to deal with this because it is less consuming time of having their financials freedom. |
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Yes bitcoin's volatility prevents mass adoptions woldwide. Lets take this situation, a company X gives salary to the employees in bitcoin and suddenly the price of bitcoin increases and after few days it decreases again. It will be a huge loss for the company and what is the reason? Volatility.
In my opinion, bitcoin can be adopted but not a mass adoption because volatility is preventing it.
I think you have a point. It is so hard to all companies that they giving salary in bitcoin mode because it's absolutely btc has no stable value. However, in a long run, I think it is possible that the peoples salary still can be fiat currency therefore the company will do pay the exact value and payment to their employees. So it could be less hassle and less stress when it comes in payroll day. We can also do massive adoption except to payroll system. |
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Once you decided to invest in Bitcoin or Altcoin, you have to determine what kind of money making strategy you are into? Do you only choose one to invest or put the bet on both?
If you want to make instead of losing, you have to find out exactly what you are investing in, what technology does that crypto use, what its goals are, what the company stands for it, what the development strategy and the tactics are... When you actually invest, go for the low prices, invest for long-term, and do not be afraid of falling prices.
Thank you so much for this information. Well if I were to invest I will make my own research first so that I will know what is the best thing to do and so that I can gain more information for what I am going to invest. I will make sure that this is I want so that I would not regret the decision I made. We must think first before we do such actions so that we can avoid a big loss. That is true, it is much better to make our own decision but at first it is most safety to us and for our investment if we can able to do some study and research about anything that has a connection to our chosen coins that we wanted for investment. To able to gathered more information and full knowledge in the flow of the system so we can be able to be much familiarize into it. |
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It's really sad to know that in different places we notice that there are a lot of issue in regards in cryptocurrency. There are a scamming portion in some other places and there are robberies portion in dubai. In what happening now, we do recognize how people are eagerly desperate to do foolish things to others just to have crypto. This is another negative things that can really brings bad effects to cryptosystem. I think this is also the reason why some countries are doing totally banned of crypto in their country because there's a fact that crypto will be possible cause of doing people's illegal activities. This could be the big problem in cryptosystem that really needs to make immediately solution. |
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You can't blame a cutting edge technology for what the users will do next. That is like blaming the automobile for drunken driving, you simply can't do it. At some level you gotta look at the individuals using it and if history has taught us anything it is the people will the most to lose with use the cutting edge tech first.
That's right. We cannot blame bitcoin because it is one of the newest technology that can't run without someone who is operating on it. Bitcoin system is form with the purpose of giving people's a chances and opportunities to life become easier and convenient. It has a better platform that can help all people to reaching our dreams and goal in life. However, it depends on us how we use or manage it. If we used it in a right way, for sure positive things will it brings to us. But if we can't use it in bad or negative way therefore it will produce negative things. So definitely, as a people who manage to this system, we are the one who are responsible to anythings that connected from the usage of bitcoin so we are the one who's able to blame and not the system itself. |
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There are different reasons why we do things generally in life, Cryptocurrency too is not an exemption. Different people have their reasons for involving in Cryptocurrency as a whole. To me, I first heard about Cryptocurrency in 2016 after my adventures with ponzi schemes. The impression I first have was impressive because I was in a good hands then, my mentor was a keen and always ready to help person and he achievement was there to show for it. So I was curious to get started and join the big guns in Cryptocurrency world.
Share your views on the reasons that got you involve in Cryptocurrency and let the newbies learn.
It's because I was recognize the true benefits and opportunities that cryptocurrency can brings to us. For me, the things that I can see in cryptosystem is the potential of some coins and this coins is bitcoin. For all we know btc is the leading cryptocurrency until now because it has a better platform and good potential in the market. There's a huge of people are really popular to bitcoin because this is the number one reason of having or reaching their goal and for having a better life in the future. Overall, the huge of beautiful and better things that we can earn is because the presence of crypto so most of the people wanted to involve here. |
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I have seen all the bitcoin hold for many profits in the future. What do you do for this and say?
Holding bitcoin in downfall period is one of the best strategy that mostly investors should do. In this way they can able to earn much more profit but it is mostly can be done when they investing for a long term. However, in downfall season, it can be consider as the right time for investment because the coins is in much lower value and this will be the worth it price to be hold and sell when the highest pump will come. |
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'If you give a man a fish, he will eat for a day. Teach him how to fish and he eats for a lifetime"
This quote for me sums ups the best strategy for succeeding in cryptocurrency. Too many people trawl through forums, articles and youtube videos looking for what people say will be the next big coin. All you are doing here is accepting free metaphorical fish of people. A better strategy would be to learn about blockchain, distributed ledgers, distributed consensus and immutability. Then look into geopolitical events, then look into other economic markets outside of cryptocurrency for macro trends and then you will be able to make decisions on solid projects for yourself. This whole movement is about becoming independent so relying on other peoples opinions to form your own is a very dangerous game
That is absolutely right, being a independent person is the best things that can we credited to ourselves. I do believe that it is much better to teach other so they can able to do it for themselves for a lifetime than to give them or brings to them the already product of your worked because that will be only once or twice and won't be last longer. However, it is better to gain anythings that you needed if we do it in our own and not because by other people. |
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my prediction is seen from the increase of bitcoin that happened now, make that bitcoin price will increase until end of december. we can see from the bitcoin growing that happened, this happens almost the same as the scenario in 2017. so how do you predict? are you sure bitcoin prices will increase again? or are you not sure?
I'm pretty sure that bitcoin will increase again but somehow we cannot predict exactly the time when it will happen but we can see different speculations came from a huge of people here but the most important is the present. We need to be much aware and always active to the daily movement in the market therefore we can make things that we need to do just to gain a successful investment in the near future. But no more, no less bitcoin will do increase again and reach it's highest peak. |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
I'm not sure it will be happen because as far as I know it is decentralized and I believe that as long as the people demand is continuously increasing it also making sense that it will be much surpass it's past years performance. It means it can be much more producing a lot of benefits and makes much higher value of it. But in other side, it also possible that it can able to have less in fluctuation therefore it can able to serve all the peoples that involve to it's system. However, I think if that will happen, it is possible that btc is also be our daily use currency. |
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Usually they recommend you to diversify your investment, so you avoid losses.
But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?
What if I invest little by little, only in Bitcoin, would that work as well ?
Diversity is consider as one of the good strategy in cryptosystem specially in when it comes from trading. It will help you to have some securities to your investment. You can able to have or hold many different coins as long as you can handle it. This way may avoid you to possible losses in a way of if you invested in 2-3 kind of coins then let say 1 of them are unsuccessful then diversity will make your investment secured because you have 2 left investment in other coins that can able to give you profit. |
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Did you see that bounce in Bitcoin?You must be feeling great if you bought the dip on February 2, 2018 for around $6,000…Or maybe you missed that opportunity, simply because you don’t know how to get started.If that’s the case, don’t worry. Shocking news has broken about a huge multibillion-dollar company that has proven my findings to be right…Findings that could help anyone turn $100 into a retirement fortune…But there’s no time to waste, Because I expect it to happen as early as April 27. Don't think is too late to invest now, Make up your mind then buy some coin down now.
I don't think so that it will possibly happen in 27th day of April but in the case of investment, it is true that at this moment it is the right time for investment into it because even if it's rising up now it still in the mid value where in also safe time to invest. Don't need for hesitation because in the near future it will surely give us benefits which is a huge of profit. No body knows when exactly the time the bull run will happen but for now we get ready to prepare for that. |
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