My friend in Canada told me that bitcoin payment has been used in KFC. What does that mean?
It means that bitcoin is already recognized in Canada and been used as valid currency. This is a good news for the community and maybe the beginning of bitcoin and other cryptocurrency being adapted in the physical world. Its been a month ago, this will surely bring impact on the market if being supported by KFC customers, i hope they would. |
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Yeah, i guess too as trading becomes very easy more investor and trader is going to engage in many field of trading platforms but don't trust some billionaire investor, even they have so much money they are still trying to get more and more and deceiving some to invest so they can profit from it. However, this is a good thing for the community especially to short trader and beginners. |
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While we had A big depression time from April to July this year I still have heard about view of insanely successful icos, you can read about them on coinmarketcap or ICO bench whatever, and find them.
Well, I believe that a lot of ICO are still becoming successful because of different kind of strategy from most of the people and nowadays people are becoming hooked by it since although they were aware of a lot of scams they are still trusting some of it that they think is legit and profitable. Both types of ICOs are there. We can find authentic and valid ICOs and we can also find out insecure as well. So better is to find out before getting in this field that what ICO would be best for you according to your own interest. Right now, people are being scammed under so many ICO platforms and they are getting much more money from innocent people. Better to be vigilant. If you do not know how to identify good icos from bad icos then it may be a good idea to stop investing in icos right now, after all the market of icos is still going to be here for a very long time so it is better to take the time to learn to identify good icos than to lose all your money and then been unable to invest once you can tell the difference. To my early days of here in forum, in expectance of profit i invested a lot on ICO and luckily on my first try i have receive what i wanted to but on the next months being an investor, disaster came when the ICO i invested ran and left me in lumber. Now Im being observant to ICO's specially when it comes to big name ICO or those who has a higher ratings. I have noticed that there is no sure ICO, that is for sure. |
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Majority have been expecting that the peak will be on December again, there are some that doesn't believe on it anymore and in fact, I'm talking to someone right now that is mocking me about bitcoin. I'm always a bitcoin believer and just like what you noticed that each year that is passing by there's a major price increase that comes. maybe the bitcoin movement can not immediately seem to soar, but many people already predict that the increase will start in mid-year until the end of the year. like it was yesterday.
Yes, predictions were all positive but there are some that are negative. This only proves that bitcoin is real and not just a mere imagination of bitcoin believers, this proves that bitcoin is not bubble and bitcoin really exist. More and more people will probably feel the advantages of using bitcoin as they started engaging with it, such as doing transactions easily, investing in an easy manner then get more income in return. Bitcoin really is a real magic. |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Yeah, it can be but if you look to the situation its quite far from being implemented since banks do regulate fiat currency. Banking system is counterpart of the system where bitcoin ia running. If banks would let that bitcoin deposit, price will be going to quite stable and economic aspect of fiat currency will surely crash. |
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What is your opinion as per Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
No. 1 rule on this cryptoworld which is dont ever believe or trust someones words towards on how crypto would be either regarding on prices or future predictions. That BUffet man is just saying his own opinion not totally a reliable thing to consider for you to believe that guy usually make some funds but the truth is he do make engagement with bitcoin which is a total dumbass. Not because he is economist and wealthy person you are going to believe on him. He is not into digital investments and more on physical and tangible investments, meaning he believe on what he only sees unlike on cryptocurrency the ability to change in value is on a deeper aspect where the interpreter is only the graph. Bubble may blow or may land on a water surface that will last long enough to be recognize. |
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Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
Rich people, because only riches wanted to be richer, they only wanted things to be in favor of them. His reason might be for personal interest, for rich interest. But there is nothing for him to be afraid of because as we can see the bitcoin can give us benefits where as not only rich will be the beneficiary but at the same time also poor people who wanted to have a better life. And that is the bitcoin can help to people, it can help im eradicating the poverty around the world which was the number one problem of our world. |
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Bank experts are positive about this innovation, but do not understand how bitcoin works. So in my opinion officially it will not happen very soon!
It is possible to happen because we all know that bitcoin and other cryptocurrency is getting more popular all over the country and there is no doubt that a lot of big banks will totally accepts bitcoin deposits, on the right time maybe it will only take for 5 years to happen. Banks need to go with the flow in able for them not to be left behind. And if that happened the banks will face bankruptcy because bitcoin will be the number one and can even surpass the fiat, thats what i believe. Moreover as what stated earlier it is a good chance for the banks to enter bitcoin because they will earn more profit to this and also they can have more markets or even new target markets because even a class c individual can start up investing in a bitcoin. All in all, it is a win win situation if this thing happened that may open to new opportunities. |
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Do not believe the false news, I think Bitcoin is not as a bubble. If Bitcoin is ever bubble again, then Bitcoin can not survive. poeple knows one as a bubble. Those who say it, I think they could not fully understand Bitcoin.
Well there definition of bubble is definitely what the bubble we have seen that the children was playing. Bubbles would not last long time if they are comparing it to bitcoin. Bubble is not a proper adjective as for its performance, Bitcoin prove itself and still proving its capabilities as of this moment. Remember if bitcoin is just a bubble, it should've bursted out years ago. |
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I have been checking the bitcoin market price movement and it seems that it is very unpredictable. I was thinking that the bitcoin market price to go high since it has already having a good sign on market price increase but as to what happen now it seems that there are still huge dip on it and i do not no what happen to bitcoin market market price movement nowadays? Do you have the idea why this happen?
all investors can not know for sure the future price because it is one of the investment risk with cryptocurrency therefore required confidence and trust to bitcoin When you pronounced the word market, it has always been unstable together with this was unpredictable happenings. So much for that if we continue to complain on what is going on it is not good for the market because other bandwagon investors might think bitcoin is not effective anymore. But as we all know bitcoin is just starting to rise again and therefore we just need to wait and see how bitcoin will be on top. |
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In my opinion this is one of the main problems here, that you, if you are a little fish can not affect market, but manipulated market can affect your earnings, decreasing them to zero.
I guess that is not the problem here, disregard how much you invested or how much you have if many bitcoin holder pulls off the price will drastically go down. We can be Whales, group of person can be whales too, i mean we are the reason why bitcoin fluctuates, but because of our greed bitcoin will be just a means of speculation of us. |
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14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
This is a great news, this type of news will probably help the bitcoin to gain popularity in said country. It will also influence the neighboring countries to accept and regulates bitcoin in able for them to control it in a good way. With this news it will helps the users of the Philippines to do transactions more easily and more probably it will encourage more users. |
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To be honest, while determining the best investment option, the answer will differ from person to person depending on the risk profile of the investor. Bitcoin and crypto industry is still in the basic phase of development and no one is sure what is going to happen down the road. Thus, one should never invest more than his lost bearing capacity. You have not mentioned the financial aspect and background while posting this case, so it is difficult to analyse it. On the other hand, I would never recommend anyone to invest his entire capital in any single option especially if the investment is going to affect his day to day lifestyle.
Bank and crypto interest have a huge different, in cryptocurrency, coin like bitcoin can give you more profit rather than investing in a bank but more volatile than fiat currency we have, that is why it is risky to do so. Moreover it is easier to invest in bitcoin and no more regulations unlike in bank where there are many other aspects to be considered before investing. |
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To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
More users did not really realize that thing, because they all want an easy money, in short they dont tend to realize how risky, or what is the situation of bitcoin as of now. They tend to do unpredictable decisions like pulling there stock, simple because they did not really analyze what the real thing is going on. But as we all know, patience is what bitcoin trying us to realize. |
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First and foremost the security bitcoin has is stronger rather that other coins, therefore it may be slower to transact. As we all know bitcoin undergoes different circumstances where it was tasted on how strong the stated coin was. It is like shaped by the storms and calamity that helped it to be more intact. And still the process of how to make the bitcoin more stronger was on going. Bitcoin is the king of all coins, others are just dependent to it.
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In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?
As of now only bitcoin holders can feel how valuable bitcoin was. Because we can not see its effect to the economy as of now because of its down market but as we all know as of now, more and more advertisements are being launched in order for the bitcoin, or crypto world to he known by more and more people. In that way the bitcoin will be valuable to people and it will also help the economy and the government so it will help big time in our society. |
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As a Bounty hunter I once made a mistake by selling tokens from Bounty that I received in a small market for $ 250. After 20 days the price of tokens that I sell is worth $ 1200. So the conclusion if you want to wait you will get maximum results. Believe every ICO project will prepare a good market in the future.
That depends on the situation you are in most of the time. Especially when you are in dire need of money to which you could sell your bounty rewards right away. But most of the time, it is advisable that you hold your newly listed coins in a span of one to three months because good coins in the market usually skyrocket in value in 1-3 months or so. |
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How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
You would not get caught if you do not let someone caught you. It is as simple as you feeding an enemy, as long as you do not reveal your true identity the government will not know that you exist in this world. Even though they will going to use hackers to know your identity, as long as you did not put your real identity they will not know who the owner of the address is. |
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bitcoin is not a scam to begin with, just because it is not as transparent as the conventional investment firms we have at the market doesn't mean that it is a scam. To be fair, bitcoin has been as transparent as it could be over the course of its life. And to top it all off, bitcoin is the most profitable cryptocurrency in the market. Even when the prices as of now are continuously dropping as we speak. |
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Successful currencies meet three criteria:
(1) they are in widespread use as medium of exchange
(2) they serve as unit of account
(3) they are a stable store of value.
Most sovereign currencies fully meet all three criteria.
What about Bitcoin?
As per this criteria, the bitcoin will probably stepping forward onto it. Just a little acceptance from the government and with the help of investors by persuading more and more investors to use this as a medium of exchange. Moreover, if it is approved to different countries, the value will be stable. It is not the bitcoin itself but also with help of people using it. |
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