Latest posts of: pakhitheboss

Good News!!!

Samsung one of the most recognizable brand has started expecting Cryptocurrency in some countries.

What does that mean to us?
It means that slowly and gradually people are compelling Big brands to adopt cryptos
.
I am confident and hopefull that gradually other Big Brand will follow.

it is impossible to predict the price, but if I take a wild guess the price of the last 100 Bitcoin will be much higher than what it is now. Easily 100x more to the present price.

Since the demand will be high the supply will be low the price will naturally go up. This is based on the simple concept of demand and supply.

It also depends on how much Bitcoin will accepted as a currency at that time or in other word how much gobally Bitcoin will be accepted?

Present scenario of Bitcoin is neither too bad not too good. Hopefully ir will not be good in the future.

I personally do not thin regulation will be a help. If I talk about regulation then evey national currency is regulated still people have find ways to use it fot illegal purpose.
Stock markets are regulated but still there is manipulation, fraud and other illegal activities are happening.

What regulation for me means Big people in power find a way to control it.

Regulation will not help. But with regulation new investores will not have fear in investing in cryptos.

I think there is a lot of price manipulation going on, which is causing a sudden dip in the price.

This sudden change of price can also be associated with Bitcoin price correction. But the pattern that it has taken makes me rethink, whether it is a price correction.
Whatever it is one think I am sure. you cannot justify panic selling and asking the same question everytime when the price goes down.

This is crypto world it is very volatile and nobody can predict the price.

This is not a quick rich scheme niether it is a ponzi scheme. You are here to invest in startup. Startups not always succed.

The amount that you invested may get lost or can give you good profits. investing you spare money is always recommended.

Adoption of Bitcoin is far much better than regulation. With regulation the chance of Bitcoins mass adoption will get saturated. Regulation will basically enable goverment to control crypto market to a certain extent.
But at the moment when you check the market you will see a lot of manipulation going on to control the price. regulation will remove that issue.
But if there is a mass adoption of Bitcoin and Alt coins then it will not be possible to create manipulation in the market.
This is my view, i may be wrong..

Why will some one give free Bitcoin. The website itself looks like a scam in rhe making. This is a scam. Please stay away from it guys

First of all you need to know and understand that every wallet can get compromised regardless of multiple security feature.

It is not the wallet that has been compromised, it is always the way it has been used ot kept that made it compromised.

If 90 percent people are happy with Hardware wallet and only 10 percent are complaining then who is to be blamed the wallet or those individuals.

I might be wrong but this is what I felt.

What does he mean by Bitcoin lot closer to zero? Grin

Does he even understand how it operates?
Next he compares Bitcoin as a company and related it with Revenue Grin

and profitability Grin

I am sure he does not have any idea about Blockchain tech and crypto. Please ignore his statement and please stop asking such question

Furthermore you are picking up Bitcoin news from CNBC Grin

CNBC are the biggest FUDDER

ETH orice can be correlated to other ALT coins that are using the ETH platform, Bitcoin has been controlling the price of ETH and others from 2011. I do not think that anytime in the history of cryotos, ETH has controlled Bitcoin price.

The dominance of Bitcoin in present market is the best example for you to understand.

Everyone in Cryptos want the ALT coin to behave independently rather than following Bitcoin. Surely it will happen. Till then we need to wait.

For me it has always been good volume, number of coins listed and good support. This has been my criteria always.
I prefer Binance, Kucoin and Huobi as they all have good volume, lot more coins lusted and an awesome support team
The charges are on the higher side, but that is okay for me. I have heard many bad reviews about some of them, but as long as it is not hampering me. I am okay with them.

This year has been a bumpy ride for cryptos, lots of negative news in the cryptospace. Furthermore too much attention from goverment of different countries.I do not know whether Bitcoin will break its previous high of $17k this uear. But, one thing I am sure there will be regulations coming out soon for cryptos and lots of soft hand will leave the cryptospace.

Hopefully next year will bring a lot of good news.

These pictures again made me realise. If only I could have taken the right decision at the right time, I would have been in the list. I know it is not too early nor too late. Hopefull in a span of 5 to 10 years I might be in that list.

Truely very inspiring and very motivating post. Thanks a lot for posting it Blackforce. You made my day.

Please do not panic and please HOLD your coins. This is a temporary phase and it will pass out soon. This is only happening because of the ETF news is still awaited. The chances are very high that it will ge approve. Hold on to your coin till the news is out. Hopefull next month will a good month for all of us.

P.S i am not gonna sell my Bitcoin till it goes below $1000. I know it will rebound back. Have patience and HODL.

Bitcoin is a part of an emerging technology and no one can guarantee whether it will stay or fade away. it is only the begining and you have already started searching for the end.
There is a saying if anything starts it has to end. If someday in the fututr whem Bitcoin ends, I am sure I will be rich and happy.

If some one wants to invest, He/she will invest no matter what happens. Since you asked this question let me provide you with 5 most common reasons or factors for not investing in Bitcoin.

1. Bitcoin is very volatile
2. Bitcoin is a ponzi scheme
3. Negative News from Media
4. Lack of Knowledge
5. Negative approach of the Goverment

There are many more, but I think the above listed are the most common oneas..