"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."
where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
No wonder why there's a lot of crimes in crypto. Crypto has an anonymity mechanism embed on it that is why people are using it in evil deeds. This is also the reason why some countries are prohibiting the usage of any cryptocurrency in their country. The transaction through this currency cannot be easily traced that is why it is perfect for doing illegal things. Basically, crimes are inevitable especially on crypto and there's nothing we can do about it. |
|
|
|
Crypto has been around for over a decade at this point. The secure digital currency has many perks, but it seems that it is still not being utilized to its fullest potential.
Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.
Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.
Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.
It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.
What are your thoughts, and how do you use crypto?
I'm not gonna lie, personally, I've been using crypto to gain profit. I perceive crypto as a job and I guess some of us here though the same. I used crypto to earn profit through trading and investment. Crypto is versatile, it could be used as an asset or can use as a currency it depends on the people how will they use it on their own preferences. Personally, I use this as a source of income and to provide my necessities. |
|
|
|
Dangers inside crypto investing People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great! First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments. Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/Investing in cryptocurrency is risky indeed especially to investing in unknown tokens. To reduce the risk you should go for the coin that has proven themselves as worthy of investment like bitcoin and eth. I choose those coins basically because they have the highest volume in the market hence you should not worry about it. Crypto is extremely risky yet profitable at the same time, the riskier it is the more profit you'll get. You don't need to use your life earning or savings to invest in crypto but rather invest only the money that you can afford to lose. |
|
|
|
|
Risk is part of the system especially in cryptocurrency but if you do have some knowledge and experience you can somehow minimize the risk. Bitcoin is a promising coin indeed but it still risky to place an investment without having knowledge regards to this coin. Besides, crypto is full of risk hence you should be aware of it. Risk is inevitable,its either we face it or run from it we choose but remember if you stay on your comfort zone then you wouldn't get the reward of the risk-takers.
|
|
|
|
You're right, and to that bitcoins future are so bright. but we cant keep calm that there is always other country other than america we're want to put some barrier for the improvement of btc. btc amd other crypto currency will bring huge changes in our society we should expect a lot of things to happen.
I think this is more about the way America is trying to use USD as the No. 1 currency in the world. Bitcoin shouldn't be more popular than USD. But bitcoin continues to gain hearts all over the world.If America had always supported 100% crypto, its development would have been much faster now. You have a point probably the US doesn't support 100% the cryptocurrency especially Bitcoin simply because they want that USD to be number 1 currency in the world but through the existence of bitcoin it all changed. Bitcoin caught the attention of the mass through some extraordinary factors that USD doesn't have like a high volatility rate that is perfect asset for trading and investment. Bitcoin could give a certain country with better Economic status once they acknowledge it. |
|
|
|
Bitcoin is always profitable and it is actually the safest cryptocurrency to invest and hold. The actual price isn't showing us the real potential of BTC because the whole crypto market is actually down, and recovering slowly. The price is predicted to go up highly with time and it will double during the few coming years.
And, as the actual price seems affordable for so many investors, it is a good time to buy BTC.
Indeed that is why I choose bitcoin to hold over to other coins because bitcoin has a potential and it will give a high return. Safest because I've already seen what bitcoin capable of, from 0-20K USD is the real thing this became a huge profit for me way back 2017. Besides, it has the biggest volume among cryptocurrency and it only means it won't get rid easily. Bitcoin is now becoming a trend, some business across the world are now accepting it as payment. The rise of bitcoin is inevitable hence you should buy now before it's too late. |
|
|
|
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. and you think that's enough to be successful? i would recommend you to let the trading stay. if then at most with small amounts and as a hobby but not with the prospect of big profits.  Knowledge itself is not enough in trading. Experience is the most important you'll need to learn. It is easy to gain knowledge but the real challenge is that how will you execute them in real situations. Hodling can give you good profit but not in all cases, meaning not all the coin you hodl. Before hodling, you can check if the community is active and this is important. If the coin is in cmc, you can easily check there to know the direction that it is and how it can grow in the future. You have to study a coin before investing in it. I have invested blindly too and seeing price slump painfully.
That is why you should go for the token that has high potential to give a return. There's a lot of coins to hold but only few of them are worth to put your investment. I would recommend that you should go for coins that has proven through their long time of existence, go for high volumed coins are most volatile. |
|
|
|
To be in solid form to? LOL, just kidding. I mean, bitcoin will never replaced gold as a whole even bitcoin will receive every modification it needed. If you are talking about as a form of investment only, then yes, those you have mentioned can be the ways. But if you are talking about replacing gold as a whole, then no, it would never replaced gold. Gold has different important purposes other than form pf investment like it is used in medicinal equipments, and etc, and on these purposes clearly bitcoin can replaced gold.
This could not happen, in the first place bitcoin and gold has a different function. Every time I read some inputs here others really like to replace bitcoin into gold. Indeed, Bitcoin from the start has its own purpose as a currency and I cannot see to replaced into gold in the future. They are not supposed to be compared indeed, simply because bitcoin is a currency and can be an asset at the same time while gold is just an asset. Bitcoin is are meant to be used transaction while gold is physical and this only means they are not comparable. If you want to compare something it must be between the same function, for instance, currency to currency like Bitcoin into fiat currency. |
|
|
|
My bet would be years as in 30-50 years. It will take a generation of peoe in the 10ks and the 100k range to pass on. It would be tough for a large portion of people who hold bitcoin to not sell when it's at 100k, 200k, etc. That is life changing money for a lot of people. You will need more buyers in the 100k range than sellers which I just dont see happening in our generation.
Indeed, this will take a long way before we hit that price. Even if we say that bitcoin is volatile that huge amount cannot attain that easily it'll take a lot of actions before it happens like it should be legalized first across the world, it should be acknowledged by a mass number of people which is still not happening now. I believe that bitcoin will hit the given amount by the OP but USD is not something cannot be beaten easily especially by a decentralized currency hence, the government will do something to prevent it. |
|
|
|
In my experiences, I already won but a little amount of BTC only betting on a boxing fight which is Pacquiao-Thurman fight.
Now can I ask you, did you ever won a huge amount of money on gambling?
Share your experience.
Unfortunately not, just like you pal I only won a small amount in playing gambling probably I don't have enough luck. I usually play a dice game and sports bet and never won that big because I used only small bankroll, I cannot afford to lose a huge amount of money besides my luck is not in my favor. Once I won a big Amount. But I couldn't hold it. I lost it all again. Take a lesson from this, before doing anything in life, the goal should be set in advance. Because, opportunities do not always come in life. Now I no longer gamble like before,now I only play gambling as entertainment.
That is why managing our emotions in playing or even trading is important. If something good or bad comes to us we should learn to handle our emotions because that could ruin our day. |
|
|
|
i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading
my question is about stocks not crypto
Day trading is a really difficult job to do due to the fact that you must have to make an analysis day by day. In my opinion, you should go for a semi long term because not all the times your asset will fluctuate even in crypto. Crypto is somehow better at day trading due to a high rate of volatility so if you are into day trading then go for crypto. Regarding to your loss, just let it happen because this will be learning from you. Loss is the perfect lesson you will learn, you'll gain experience then you will able to handle it in no time. |
|
|
|
Hello people, I am interested about learning about people within the community of Bitcoin and Blockchain. So I have some questions to learn more about you. Feel free to share your experiences.
1. How has bitcoin/blockchain changed your life?
2. What kind of work do you do?
3. What kind of work do you wish you could do?
4. What do you wish to see bitcoin become?
1. Bitcoin really changes my life. I had no job before and no income as well until I met bitcoin so I am very grateful for this technology. It gives me the future and this will be helpful for others that is why I highly recommend this to my friends. 2. I used to work at Signature Campaigns just like what others did in this forum and the funds I get from it will be my capital for Trade and Investment. 3. I wish I could be a Campaign Manager or became a Moderator on this forum. 4. I would like to see bitcoin as legalizing currency across the world and I'd like to see bitcoins price to be as high as the moon. |
|
|
|
Hello to all,
we are currently working on an exchange, they should be out this month.
We are currently registered in Estonia and have applied for a FIAT licence.
are there any features you'd like to see on exchange?
Thank you.
In my own preferences I would like to have an exchange that is: *Low fees in withdrawing my funds and Low fees in making a trade. *Notification with regards to my coins I used to trade. *Mobile friendly or having an app so I can monitor my trade more convenient. *The number of altcoins availability in the platform. * Good looking UI design and responsive website. *Active support system. *News section *Security must put in consideration as well I'd like the idea of knowing first what the users preferability in a choosing exchange because this will improve the platform. |
|
|
|
A lot of us here love sports and we are betting at the same time.
I am not successful in this kind of venture but I would love to know from people here on what they do in order to win.
They say that sports betting has no house edge, but why is it it's still hard to win here?
Technically, luck is the most important factor in dealing with gambling and sports betting is another kind of gambling. The other factors that could help you to increase your probability of winning are to make an analysis for both teams and then compared them. Dig for their most recent play, popularity could also matter because they won't be that popular if they are not good and last, is after comparing go for the odds, choose the team who is on advantages. |
|
|
|
If you will invest right then you can still get wealthy through bitcoin. It is all about having a decent system for yourself to follow because that will become the rules and regulation for you in terms of investing. You can simply invest in bitcoin and forget about it for at least a year or you can actively trade your bitcoins to make it grow in a faster phase.
Be sure that you understand very well your investment no just in a short period of time and the risk includes this. Indeed, Absolutely! All you need to do is to trust in bitcoin. As long as bitcoin exist there was still a big possibility that you'll be able to get wealthy. You must invest as much as you can for now since that value of bitcoin drop down this time so you can be able to buy it at a cheaper price then earn a big profit when you sell it. The basic rule of investing in cryptocurrencies. Bitcoin is a very promising coin and it does will bring wealth to someone. If you remember a man who bought a pizza with bitcoin, if he does trust in this coin then I'd say that he will be a damn rich. Basically what I am saying is that bitcoin could change someone's life in a matter of time and through investing in this asset you can be rich someday. Buying right now is a good choice since it has cheap price hence if it makes a move and uptrend comes, this will be definitely a big return. |
|
|
|
Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You donīt like it? Then you do not understand crypto.
Well, that is inevitable. If you enter a place where freedom is residing like in this crypto industry then we should expect that there will be some people who are honest and there will be some people who take an advantages upon it. This market can be a good cause and full of fraudulent at the same time hence, being wise is all matters in here. There are some ICOs who aren't good that is why we are supposed to check first or make an research with that particular project before engaging with their activities. So basically, just be smart all the time. |
|
|
|
I want to believe that Bitcoin is a future but I'm not sure. I think that not Bitcoin is the future, cryptocurrencies are the future. I'm talking about how cryptocurrencies work and they are build, this is definitely futuristic for all currencies worldwide.
Bitcoin is the future, but you will not have a future in Bitcoin if you think bitcoin is not a cryptocurrency. Bitcoin gave birth to a new digital currency[ ies] and advance payment technology (blockchain). Bitcoin made that bright future for alternative coins that we have in the market. With bitcoin's technology, no single doubt that it will be the main currency after 10-20 years from now. Let's just hope that quantum computers will not be in that future, because if the Governments succeed on making that monster, say goodbye to your cryptocurrency future. 10-20 years is still vague though but it is possible probably it will be more than that. Bitcoin can be the main currency online but not in the physical world due to some reason. Bitcoin is more likely the bridge to the future or I'd say that it is the future itself because the existence of bitcoin the transaction online is now becoming more convenient. Bitcoin is a future itself because it can give someone a bright future that he never had, for instance, there are people who put their trust in bitcoin long ago and then as the time goes by they become wealthy by just investing in this technology. |
|
|
|
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
There are many differences between gold and Bitcoin. BTC is a cryptocurrency and a digital asset, while gold is, basically, a physical asset, not a currency. So it is obvious that the usability of BTC is, in theory at least, larger than gold, despite that people around the world still trust gold more than any cryptocurrency. But I agree that BTC value is going to rise with time. Actually we can't compare these two assets because the first bitcoin is a better asset for online systems while gold as a physical asset. There are some places where bitcoin cannot be acknowledged due to lack of facilities to access this technology unlike gold, it can be sell wherever place you are. On the other hand, there are places where bitcoin is much appreciated than gold. Simply, it implies that they have their own advantages so it cannot be compared. We are evolving day by day bitcoin could surpass gold and maybe sometimes there will be a new innovation that will exceed bitcoin and that is the rule of technology. |
|
|
|
Dear all,
I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?
thanks
I think there's no other way, you must wait until bitcoin recovers and become $20K or even more. Seemingly that you have gained a big loss and the only solution I know is that you should wait, hold and be more patient, we don't know when bitcoin will rise but I'm pretty sure that it will. You must choose whether to spend it or you could wait but be aware that if you sell that will is a really big loss besides, holding a bitcoin for such a long time is more likely an investment anyway so better to hold it. |
|
|
|
How do you see Bitcoin 10 years from today?
Bitcoin on that year may have more improvement more benefits more business owners using it and local stores too. in next 10 years I can say that bitcoin price would be in huge different, from this days price to maybe $100k or more. but I didn't say that it would not facing any problems. if bitcoins succeed why not? maybe our prediction will help. Everybody's opinions and own predictions. Who knows what will be the value but for sure if many adoptions happened along the way, we will expect huge value to take place. We all wanted to see the success of this system, not alone with store value but being recognized to transact payments and be adopted with the same treatment with payment process. Be positive and keep on working to enhance your understanding. Indeed. These having optimistic speculation will give good vibes that is why I love sharing my speculation. Actually, its vague on what will happen on bitcoin 10 years from now there are a lot of things could might happen, there might be times that bitcoin will face a challenge but this will not a hindrance upon the rise of bitcoin. I also think that bitcoin would be promising crypto we in the future that is why we should take the opportunity to have an investment. By the way, $100K seems possible though. |
|
|
|
|
Show Posts
