|
Rise of BITCOIN is people belief in it. People adopt BITCOIN because it is decentralized and protect their privacy of transaction. Also, they can make easy and fast payment with low transaction fees especially across countries. If we collectively have rigid belief in BITCOIN, no power can stop this revolution.
|
|
|
|
|
I see a lot of potential in Ether. ETH got really strong basics and still, there is a good opportunity in it. I don't know but I have more rigid trust on ETH, I feel ETH is still not at its right price, it is devalued. Actually, new investors don't know much about altcoins and know BITCOIN as only crypto-currency.
|
|
|
|
|
Central Authorities are unable to find a suitable solution in order to regulate BITCOIN economy. "Not Legal but Not Banned" is a very dangerous statement as 1 negative news about banning or regulating can throw down its price from sky to floor within few hours. We already have seen 1 such example in last few days.
|
|
|
|
|
Govt. Seek 2 option....Either Regulate it or BAN it. It is impossible to freeze all BITCOIN accounts or stop Users. Banning of BTC has to take place at world level which is not possible. They need to find a suitable solution to handle the BITCOIN economy without conflicting with users interest.
|
|
|
|
|
It depends upon the law in your country. Most of the countries govt. still not able to take any stand on bitcoin. In general No Tax for now. But you need to pay taxes on the capital gain(profit) the investment made in Bitcoin at the time of the conversion from BTC to USD/or any other currency. Until you remain invested in BTC...No taxes.
|
|
|
|
|
It seems like it has taken a KICK start by having an overwhelming response in its pre-ICO sale. Also gained a lot of popularity on social media in last few days. I think it can give a good return initially. Let's see how traders respond to it after being listed on Exchange.
|
|
|
|
|
620% hike in last 24 hours. I think it's risky to invest at this moment as now many of token holder who invested in ICO will like to exit by booking a handsome profit. You can buy at dips and do not invest all your amt. at once coz it could too risky. Try to average your price by buying at different price level.
|
|
|
|
|
Sharing Economy exist from centuries. It is just...with the help of technology, it now operates on such a large scale. Govt. can only handle these new changes by adopting new technology. They have to smart enough to understand consequences(both good and bad) of these changes and find a solution accordingly.
|
|
|
|
|
People adopt Bitcoin as transaction method coz of the decentralized fast method for payment with low transaction fees. Low transaction fee was one of the best features which makes Bitcoin so popular.
High transaction fees and slow confirmation will definitely pull back Bitcoin and discourage its users. So I think in such situation users will like to shift to Altcoins Like ETH as it also serves same features i.e decentralized and fast processing with much lower fees in comparison.
|
|
|
|
|
Bitcoin is acting proxy to Gold in term of international transaction. It is acting alternative to an economy driven by fiat currencies. But gold is not feasible for a transaction, so bitcoin serves to be the best alternative to it. On the other hand, increasing value of BITCOIN makes it as an investment tool also.
|
|
|
|
|
Decentralization being a core-concept of BITCOIN, itself contradict with statement "regulation of Bitcoin". I don't think there is any feasible solution to this problem. Bitcoin users want privacy and govt. want transparency in a transaction.
Let's hope if there is some solution to this problem, then it will not conflict bitcoin user's interest.
|
|
|
|
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
If Internet is a Country than BITCOIN would be its official currency. That means where there is Internet you can use BITCOIN without any exchange. So it is already an International currency and you need internet not any exchange to make a transaction from it. |
|
|
|
|
Venezuela economic collapse leads to a serious discussion on the fiat currency economy managed by central authorities. People all around the world are looking for a currency which gives them a stable and secure economy. Gold seems to be a good solution to this problem, but being in hard physical form, it is difficult to make day to day transactions with gold. With technological advancement, crypto-currency like BITCOIN seems to be an alternative solution as it's transaction is easy, fast and cheap.
I think if there would be economic and political chaos...Bitcoin price will surges as it is decentralized and beyond the control of central authorities.
|
|
|
|
|
There is no harm in being cashless....hard cash is difficult to handle and protect. But still, a huge part of society all around the is under poverty line and are illiterate. how will they all manage to survive in this tech-friendly world. So i think Being totally cash-less is not possible.
|
|
|
|
|
Since Market cap of Bitcoin is way more than any other altcoin.....Moreover, trading Altcoin is not as feasible as of BITCOIN trading, therefore it seems to be an impossible task to replace Bitcoin for now.
But with new innovation and technology...it is could be possible that Bitcoin could be replaced by some other Altcoin with some unique feature.
|
|
|
|
|
I don't really expect to reach BITCOIN value that high. Govt. stand on BTC is not clear till now. Investors all over the world still fear to invest in BTC. Moreover, the growth rate of Altcoins divides the market cap. Still, there is a huge potential because much people around the world are still raw and want to enter crypto-market.
|
|
|
|
|
Bitcoin got the advantage of first-come in crypto-market. After its popularity and its acceptance among investors, other altcoins came into existence. Market cap of bitcoin is still more than combined market cap of all Altcoins. Exchanges still accept bitcoin to purchase other altcoins...that means you need to have bitcoins to buy other. coins also. When a new crypto-enthusiast came into this market, they got introduced to bitcoin first. These specifications make BITCOIN more powerful than any other crypto-currency.
|
|
|
|
Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
If you want to play on the safe side while earning earn BTC. You can follow some of these simple steps: *Invest your hard cash in BTC and hold it. You will get a good return with the increase of price. *Start Mining * Take part in the promotional campaign of Altcoins. Complete the task and earn the reward in BTC. |
|
|
|
|
Show Posts
