Every day, the number of places that people can use Bitcoin as a payment method continues to increase. Bitcoin is closing down to the point that it will be a certain alternate payment option day by day.
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It is really hard to say why any altcoin still couldn't reach Bitcoin's level in terms of price. I can try to explain the reason that Bitcoin is the oldest crypto in the market but that is still not enough to prove it.
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Bitcoin is like blinking to 10k dollars and above in a short time. So, 16k dollars seems to be possible soon, in my opinion. I especially wait for that what will happen after the halving. There will be an expectation of too much positive results from it.
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China is on the pathway of becoming the superpower in the world. They are aiming to dominate as much fields as they can and digital money is in this fields too. So, it is not surprising to see that China dominates Bitcoin.
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Bitcoin dominance in the market is keeping its decisive condition now. It is around 8 times bigger than its closes rival Ethereum. It seems that Bitcoin will continue to dominate the market for a long time.
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We have started to see Bitcoin and Blockchain as classes in high schools, universities etc. and this is very good. People can be well educated about this sector by doing these kind of things.
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It is really important to report those scammers. Recently, their number seems to be increasing. If we do not report them, we will not be able to prevent them to grow. Everyone should be aware of this.
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The biggest fear of me about crypto could be the possibility of increasing of hacking events. Security is the most important thing for cryptocurrencies. If their security system can be broken, it would be catastrophic for cryptos.
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Gerçekten de beklentilerin dışında bir hareket çizmesi ve bunun olumlu yönde olması baya iyi bir şey. Halvingten sonra da neler olacağını şimdiden o kadar merak etmeye başladım ki umarım boşa beklemiyoruzdur.
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Başlık çok ilgimi çekti ve içeriğini merak ettim doğrusu. Fakat işin rengini öğrenince garipsedim oldukça. Belli başlı aylarda böyle yükselişlerin olacağına inanmak bana batıl inançtan farksız geliyor.
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Bu biraz zor bir soru aslında. Böyle bir kriz durumunda kripto paralara olan talebin daha fazla olabileceğine inanıyorum. Kısa zamanda çok büyük bir çıkış yakalamış olması, bu piyasayı çok cazip hale getiriyor.
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Bitcoin nihayet iyi sinyaller vermeye başlar oldu son günlerde. 7500 dolara kadar görülen bi gerileme sonrası sağlam bir şekilde bir çıkış yakaladı ve 9 bin doların üzerinde boy göstermeye başladı. Umarım bu güzel grafik uzun bir süre daha devam eder.
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Podcast Topic: Wes Carlson and Omar have an informal discussion on varies topics including the following highlights: - New people discovering Bitcoin - fear and greed - How to not get caught up in the day to day Bitcoin price movements - Congressman claims the US has no capacity to Kill Bitcoin! - A world denominated in Bitcoin Recorded: 19 July 2019 https://www.youtube.com/watch?v=gtMp5MijuZw&feature=youtu.beTrump is strictly against Bitcoin but the U.S. or any other government is able to destroy Bitcoin. You can't easily defeat a currency, if you can't control it. So, Bitcoin will continue to thrive and reach much better levels.
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Bitcoin is never going to be extinct I believe its consensus will be higher and higher in the future.
I agree with you. In my opinion, Bitcoin is the last cryptocurrency that has the possibility of being extinct. It is the most powerful currency in the market. If it extincts, the market will have hard days I suppose.
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I think people may start to leave Bitcoin when we get close to the mining of the last Bitcoin. There are too many years until that time but I don't think people can still prefer to be miner then.
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Hype train is actually not slowing down, I think. It is just related to changing behaviour of Bitcoin price. When the price goes up dramatically, people get more curious about it and the search numbers are increasing highly too then.
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It seems Bakkt has potential for the future. It failed to satisfy when it was first launched. But Bakkt has started to pull itself together and gives green light to the future. I hope it will come to a way better levels than now and we will be happy about Bakkt.
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I think we shouldn't go too hard on Libra. I know that Libra is a stable coin and different from Bitcoin. But also I think that Libra has more chance on being a local currency in countries compared to Bitcoin. In the end, Libra will not be volatile and the governments will like it.
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I have checked the richlist recently, some of them are from exchanges. More than 50% of BTC are holding by the top 50 people or so. Can't remember the amount though. 61% BTC is held by 16237 addresses. I have two question- 1. Exchanges are being the giant although BTC holding by them are from customers. Still it's possible that they are trying to be a controller of the crypto community which is very bad I guess.
2. If top 50 people hold 50% of BTC and BTC becomes the global currency, we may face once again the previous era. Being slaver to certain people.
Think at from the point of macro economy. In my opinion, it's something we need to talk.
It seems far to me that Bitcoin can be the global currency in the future. I don't think that governments will be convinced to use a volatile currency instead of a currency that they hold the control on their hands and that is more stable than Bitcoin.
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Cash is losing its importance very fast now. People are tend to use credit card or digital money rather than cash. Because people choose a more useful option than cash. It is also faster and safer too.
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