At present, cryptocurrency will not replace legal currency. Fiat currency is a currency supported by the government. People are accustomed to buying goods with fiat currency in daily transactions, the price of legal currency is stable, and it is a relatively safe currency.
Cryptocurrency is more suitable for investment. Its price is unstable and fluctuating, and there is a certain degree of risk. It also does not apply to transaction currencies.
no government in any country will replace fiat currency with digital currency. Fiat money in a country is a symbol of a country and has become the pride of society. I don't think it's appropriate to compare fiat currency with digital currency even if it's a stable coin. |
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for me there is no specific target to be achieved in collecting bitcoins. all i do is just work and keep working to get bitcoin from bounty and airdrop. 0.1 bitcoin may seem impossible to someone like me, but no one knows the future fate of a project. the coins you get from airdrops or bounties can be very expensive in the future, even you can have 1 bitcoin from it.
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Next year yes, this year no. Expect continue ranging at the bottom through the summer. Then in the Fall breaking out of the bottom and starting to build back up. Over $50k by end of year. Probably get back over $60k about a year after it first achieved that price (Feb/Mar '22). Moving up over $100k next summer.
then what basis do you have thoughts like that? I believe that the current price is not the bottom point of the bear market this time because bitcoin only lost 50% of its high price. most likely in the following months bitcoin will again experience a fairly deep price decline, it will likely drop to $20k-$15k and will rise again even though it won't reach $60k again let alone $100k. |
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if you want to trade short term it is the right way, but if you want to trade long term it is not the right way. if you want to invest long term you need to think twice about buying now, because no one knows whether the current bear market is over or not. today the trading volume of bitcoin fell quite sharply, this shows if there is no strong reason to go back up, let alone reach the price of $ 60k in the near future.
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Fiat and cryptocurrencies actually have the same function, namely as a transaction tool. The difference is that fiat is used in the real world while cryptocurrency is used in the digital world. Another difference is that if fiat is issued and regulated by a government, while cryptocurrencies there is no government that regulates it.
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the current state of the market is a little confusing. Now that the bitcoin price has stabilized at $30k-$35k for quite a long time, this situation makes many people wonder whether the bear market is over or not. maybe this is the condition that makes bitcoin trading volume decline quite sharply at this time. if there are no significant changes this week, we are likely to hit $20k in the following weeks.
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Becoming rich is the dream of many people. I'm sure if you consistently invest in bitcoin until 2030 you will become a rich man. if you have 1 bitcoin today and then you hold it till 2030 you will be rich, you can even buy some sports cars.
And if he doesn't become rich according to your prophecy, you will refund his investment in bitcoin or not, I bet you would reject such petitions and say that what you are judging is a free speech, believing in such theory is just individualism and you are not guilty in this problem. Investing is a circular system between profit and loss, bitcoin market with volatility every year will give a different result, holding is not feasible for full profit, circumstance is the sign to decide what we should do but if he is really rich will he give everything he has to me? petition should have reciprocity  this is not a theory or bullshit prediction. try to look at the price of bitcoin 10 years ago, maybe it will be a picture of the price of bitcoin in the next 10 years (2030). every investment there must be a risk of loss, and that risk you will bear alone because there is no compulsion in investing. |
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Market sentiment affects investment. Negative news in the market can easily cause us to fear that we will actually buy and sell currencies in the wrong way. Control your emotions when investing, and calmly analyze market fluctuations to make the right investment choices.
Being able to control emotions is very important in bitcoin investment. People with bad emotions easily panic when prices drop, but people with good emotions will not panic even if the market is bad, they will analyze the market and determine whether to play long-term or short-term. This is usually done by experienced investors. |
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Currently, my working time is 100% online, in addition to making money-making videos on youtube, I also do online money-making campaigns, sometimes working all day for more than 10 hours and playing games that can be invested in. make money like aixe, so everyday for me is almost 100% making money online, a month profit is about $ 250 - $ 300 depending on the month but life is stable during this covid season
Since the pandemic hit the world many people do work online, even learning activities are also carried out online. what you say makes a lot of people's minds open a little, if making money online is not only bitcoin or this forum. making money $250-$300 per month from online is already very good, than you have to work in a company that takes some of your freedom. |
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Still on the waiting list after signing up for vaccination months ago. Hoping to be vaccinated as soon as possible having day jobs in this pandemic is a problematic and troublesome. Bringing food to the table is not as easy as it used to but due to this pandemic I was able to learn new skills in relation to my line of work. In my country there is no issue with the vaccines, i wonder which country would that be struggling to get vaccines, but i do accept the fact that jobs are a problem and for the past year many lost their jobs and i am not getting my perks for a while and i need to find something else to make a living. If you are planning to learn new skills then internet is your teacher and you can learn anything from it. Lucky for those who have no problem getting the vaccine. Because there are still so many countries that are still waiting for their vaccine supply to arrive or better yet, only small percentage has been vaccinated because of the lack of supply. But at least, seems that pandemic is starting to be contained because of the deployment of the vaccines all around the world. This is once in a lifetime to remember for this generation. Lockdown globally is very rare to happen. For countries with small populations vaccination may not be difficult, but it's different from countries with large populations (such as Indonesia and India). large population and limited number of medical personnel make vaccination slower than other countries. Not to mention the existence of fake news that makes many people afraid to receive vaccines. |
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In my opinion, you misunderstood this news. Vietnam is not switching to cryptocurrency. The central bank was tasked with introducing its central bank stablecoin over the next two years. I This is already done in most states and the government of this country does not want to lag behind the trend in the global financial system. This news has nothing to do with cryptocurrency directly.
The headline might be the reason everyone is commenting without reading the actual content . So if the central bank is tasked with introducing its central bank a stablecoin in the next two years, they are planning to come out with their version of stable currency by their central bank and if they can complete the project and release in the next two years it would be great. other than the title some people are only focused on "Vietnam imposed a ban on Bitcoin payments"  if that's true why should they issue stable coins themselves? why not use a stable coin that already exists and is used by many people? |
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Bitcoin is the most popular among the cryptocurrencies and it’s a high value asset. Bitcoin will eventually recover after the pandemic but it will not be easy. Because bitcoin is still a store of value and have a longterm of gains. Bitcoin’s prices have steady growth until now. It can also be used after pandemic because people are now inclined on using digital currencies.
people nowadays tend to use digital currency ? what is it used for? I don't find people using digital currency except for digital assets only. even though today's technological developments are growing rapidly there are still few people who know digital currency. |
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By 2030, hopefully I am more established and stable in my career. And I am able to provide comfortable life for my family. Working hard and perseverance is the key. Hopefully my bitcoin investment earns much bigger and its value is much higher. There are much more millionaire and billionaire. There are also innovations and advancement in technology
Becoming rich is the dream of many people. I'm sure if you consistently invest in bitcoin until 2030 you will become a rich man. if you have 1 bitcoin today and then you hold it till 2030 you will be rich, you can even buy some sports cars. |
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I'm trying to understand your question, maybe your question is related to the future price of bitcoin. Bitcoin price in the future can be said to be infinite because the longer the bitcoin price increases. no one knows the price of the most expensive bitcoin in the future.
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according to the reality at this time, we are required to be intelligent humans by utilizing the digital world because of the covid-19 virus which causes a large number of deaths. And it is undeniable that many countries have locked down to prevent its spread but behind that their policies are not in favor of the little people who work hard so they don't heed the appeal because they think the virus is deadly but if they don't work against the corona storm their family will starve to death, until now no one has been able to remove the virus from the world why should we be restrained by this while life will wait for death,
Policies to prevent the spread of this virus are like two sharp blades. Lockdown is one way to suppress the spread of the virus, but if it is implemented there will be other big problems (such as economic problems). But if you don't implement a lockdown, the rate of spread of this virus is getting out of control and there are more victims. |
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In my opinion the payment of BTC is not a complete thing, because currently there are many forms of payment such as visa or credit card or paypal, so BTC cannot be a single type of payment that everyone uses.
yes it happens because the price of bitcoin is very volatile. this is what makes bitcoins cannot be used as legal tender. besides that there are still many things that must be studied about the circulation of bitcoin, especially if bitcoin is used as a means of payment that is accepted by everyone. |
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It's true that almost all businesses have suffered losses due to Covid 19.
Of course with that kind of thing the government must really review the policy of raising taxes,
in the middle of 2020 the pandemic is predicted to end at the end of 2020 but in fact until now it is still a pandemic
The end of the pandemic is unpredictable because the number of people and handlers in each country is different. The larger the population, the more difficult it is to vaccinate. In Singapore, most people have been vaccinated and currently the country considers Covid to be the same as the flu in general. while in India they still consider this virus dangerous. This condition occurs because the population in the two countries is very different. |
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Investments can be made by anyone, the only difference may be the form and amount of investment. investment does not have to buy shares of large companies, even a plot of land owned by someone can also be called an investment. everyone is free to determine the form of investment, some choose stocks and some choose bitcoin. The choice is in your hand
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This is great news, if every leader becomes like him then we will all have a good economy, having salaries in bitcoin will let you get curious about it and can lead you to gain more knowledge about it, this step will make their employee likes bitcoin and invest on it as well. Hoping that every country will have a good leader like him on which they are making their employee good by giving them a curiosity about cryptocurrency.
well it seems true, but it is very difficult to achieve. as we know that every country has a different view on bitcoin circulation. In some countries such as China and Russia tend to reject bitcoin, while in El Salvador bitcoin has already been legalized. |
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I would say no, it's impossible in my opinion. currently the bitcoin price is still in a downtrend, it's just that it's still stuck around $33k. I'm not too sure if the bear market is over and I'm still sure that after this the bitcoin price will go down again. I don't expect much, I just hope the bitcoin price doesn't drop too far in this bear market.
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