To help the economy of a troubled country, here must be a widespread use of bitcoin or any cryptocurrency. Some countries are already creating their own coin like Venezuela but its benefit is yet to be felt. Virtual currencies are volatile and many holders and investors might be affected if the price go down suddenly and if the price continue to fall, it will also negatively affect the economy.
Not necessarily. Economy is a more sophisticated structure than that and the price falling can contribute positively to its overall development. For example, if a certain number of people were buying crypto with their spare money, which they would keep intact on their bank account otherwise, it's good for the economy since every economy benefits from movement and deteriorates with stagnation. Another positive effect of price falling is that seeing "cheap" (compared to past prices) cryptos more people will be attracted to buying them, and again it will be good for the economy because it will drive up the overall turnover. it is also good to hear that some other countries are already making their move in order to adapt this kind of economy, sad to say that in our country i don't think there is even a slight chance that they are making their move to adapt in this current state. i also personally think that it could also help some troubled economy. |
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in my opinion, amount if cryptocurrency has direct effect to main cryptocurrency price such as bitcoin and ethereum.shit project that have unclear roadmap is risky selling out their eth or balance that collected from ico.so this is one of reason that could make bitcoin and ethereum goes down.
I don't think so. People are becoming a bit more intelligent right now in choosing which coin is shit or not. Simple research would teach you how to generally distinguish one from the other. So I don't think these shitties will have an effect on the value of major coins like btc and eth. This just gives people more options but with double the effort. i certainly agree with you. although there are also few investors who puts money into some shit coins wherein just a small move in the market can make them double their investment, but for me it is really too risky and scary, to think that the odds would be almost 90% chance of loss is really terrifying. |
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This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.
This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
Well crypto is really for everyone including person with disabilities. However, what if the person is blind? How can he/she do like cyrpto trading. There are a lot of disable person who works mind me and they don't need to rely on governments assistance whatsover because they didn't see their disabilities as hindrances. But crypto has some exceptions, like person who is blind and totally needs someone so it will just a liability for them. i think you misunderstood the topic my friend, this is because PWD people are being suppprted by the government, while bitcoin is not a free money, you have to work for it in order for you to have bitcoin. So in short bitcoin is not a charity money, but in the near future i hope this will also be resolve. |
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i've been reading quiet a lot of this kind of problem since then, a lot of people specially here would say to keep your savings or investment and secure the private keys so in the time where you need to pass your investment there would be no hassle at all. the problem is that according to what you have said what if it is totally lost or something? And i don't really believe that all of those holders will eventually die, but one thing is for sure, the value of bitcoin will be insanely high.
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For me Bitcoin is the best way of investment. It is a very good source of store of value. Bitcoin is the friend of the poor as the decentralized principle of bitcoin made it possible for the poor to have economic power once they have the knowledge of Blockchain. I also have benefited from bitcoin as a life saver.
i somehow agree with your opinion, its because as of now it doesn't seem to be wise to use bitcoin as a method of payment IMO, not because it has been treated as store of value or investment, but when you see the price of it, it was still unstable like most people would say, and there aren't a lot of merchants that accepts bitcoin as method of payment while there are some countries prohibits and limits the usage of it. just saying. |
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in my own perspective, i don't really think as of now bitcoin has really made a huge impact on the economy since i can observe here in our country that it has less popularity and not that fully legalized yet, but in some good reasons it helps citizens to earn and a chance to to change their lives as well as their respective income whether monthly or annual.
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Bitcoin is the one and only independent coin because if you buy some altcoin you must have Bitcoin coin so all the altcoins are depends on Bitcoin and this coin is always ruling the crypto market. This coin is decentralized and completely transparent to everyone so it is really comfortable for every investors.
aside from what you have said and not only because it was decentralized digital currency, because also of the blockchain technology used in transactions of digital currency which is said to be the future way of transactions among companies and other businesses and non businesses which involves payment methods for goods and sevices. |
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People nowadays used to hold bitcoin instead than to circulate it, how may if affect in the stock or volume of the bitcoins?
indeed many hold and hold the bitcoin but I think the bitcoin remains circulated because we also know if there is demand and sale of bitcoin it affects from the price changes of the bitcoin itself As you said still the bitcoin has been in the circulation and the demand was not much greater so from this we can understand that most of the people are just buying and selling it rather than holding it.But I don't think crypto currencies price affects the stocks price in that much. well i assumed that there are lots of traders or the ones that are responsible for the circulation of the supply rather than those who stock their bitcoins or hold it for long term. in other words there are less people holding it while the resr are the ones making day to day transactions with bitcoin. |
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from what perspective you have been cursed? anyway according from what you have said OP it doesn't seem cursed to me, first and foremost you said it was from bounties and airdrops right? so it literally means you didn't invested any money in there, second is that, you haven't mentioned if you did really have lose or gain some profit, so in my opinion how does it sound cursed to you? as long as you earned profits from it, it was still a good call.
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Hi guys, this just bother me long time ago, and just popped up recently..
What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
Tokens are bounties products or rewards for the participants as well as the investors for supporting their project in which theses tokens have their own purpose and even own equivalent value in terms of Bitcoin because tokens are also known as the altcoins which you can obtain from joining and participating into bounties and they will give this as a reward for your job well done which can be traded for a Bitcoin value. Its prices depends upon the success and the budget allocation for it so tokens do have different price values. well i agree with you. although these people keep on saying the same things over and over again. token is what we also called crypto or should we say alternate coin/alt coin, and it serves as the currency. other definitions are already being given by some people here, aside from that those are also the rewards as they have once you participated in their ICO or their sale or whatever they call it, those participants are maybe for bounties while some are investors. |
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Cryptocurrency in five years the value will be increase, growing fast, many new investors, some company use cryptocurrency for transactions etc.
I hope in five years later cryptocurrency will can accepted in some country and legalized it. And bitcoin still market leaders in crytocurrency.
I think cryptocurrency will have a good future after five years. Many economist predict that after seeing its successful past achievements. In this cashless society everyone love to use cryptocurrency instead of real currency . Many developed countries like japan Germany etc give importance to crypto currency and also praise their people to use that currency. Many multimillionaire company like Microsoft, Amazon etc start using cryptocurrency for their various purpose. And its price also increase day by day. This above thing sure us that bitcoin have a bright future.  If that's the scenario for now, I think bitcoin will be much more profitable and people who've been saving their cryptocurrency definitely have the opportunity to gain bigger profits. Some people may think that it's not true, but if bitcoin will silently showing up its breakthrough they started to become feel sad and having regrets of wrong decisions. Those who failed to wait couldn't benefit after five years, and the one who bought your crypto asset enjoyed the benefit of the assets purchased from panic seller. Those who does not believe and think that bitcoin is scam will definitely regret if Bitcoin change positively in five years and legally accept in the country as the source of income for individual. Those who wait long can be benefitted and there has chances to earn big. as much as we can observe from the past years since bitcoin has first launched, we could see the huge growth up until this moment, and even though there is also no assurance that this will continue to grew big, we are still holding on the faith based on what we have experienced several years ago, and those people who kept their faith are still earning right up to this moment. |
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bitcoin as a saving for emergency purpose is not a bit wiser, to think that most investors think of it as a store of value and must be keep for long term as pure savings, i guess you will only regret selling it. If possible you can have your own currency as savings intended for emergency purposes, and i think that might be wiser.
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Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big
Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term. Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long. What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue. from the topic being stated above, yes it is true that it has a long term store of value, most people misinterpreted what is it, but the fact is that, the real investors and those people that are really interested that had also invested into bitcoin saw its potential that is why they give it a try and just let the time pass by and see what happens. |
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The narrative has changed. It used to be “Is Bitcoin a scam?”
the narrative has never been "is bitcoin scam". and those who have been saying it are still saying the same and nothing has changed about them. also the price has always been something that people were talking about. for example back in 2012-2013 onward the speculation was about bitcoin reaching $10k and people were saying it is impossible. now that that target is reached we are talking about higher prices. yeah that's what i really think it was. as for now their narrative maybe the same but they are pointing different price compared back then when it was earlier. those words keep on repeating and for those who already knew the story back then would probably say, history repeats itself only. |
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Bitcoin chart is going up and down some times I am thinking maybe I should invest part of my BTC (at least the part of the profit I’ve made on crypto) into something real?! Let’s say I can buy share of real estate company and get the part of profit (50-100% per Year). Should I Spend all my BTC on that shares? Spend small (profit) part? Or just do nothing and wait?  ?! I’ll do appreciate for answers with any suggestions and recommendations! this comparison between real astate and bitcoin: real estate stocks are very promising and the results are profitable according to the division of results every year, yanh you do enough to buy shares and wait until the dividend, while in bitcoin you can get the profit as you want even can be more than 100% in a period that is not long even less than a year if indeed you can take advantage of the momentum of price movements to the maximum extent possible. that is one of the advantages of bitcoin in comparison to real estate. It takes a lot of time before it matures and earn some decent profit in real estate and it is less riskier than crypto, and we all know that it has a tendency to lose as much money you invested once you failed. |
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I am not sure about the Business stuff but I do know that there is big weapon in the hands of Investors!
An investor could invest his time and without pouring any money into bitcoin or crypto currency he still can earn huge bucks out of it. We know very well how forum gives us versatile ways of earning, starting from signature campaigns, to selling our skill sets itself!
So you may wanna consider that quality for an investors.
- They can use skills of creativity and earn more
- They can spend time over marketing of ICO's and earn.
- They can be associate with campaign managers too.
These are roughly few ways of investing your own time to earn more out fo the crypto currency.
they can do it if they want to. but as far as i know some businessman would prefer to invest their money and just wait for it till it is time for profits. Technically since crypto is at an early stage, or should we say at a young age it is still a nice move to invest for long term, but if that businessman wants to earn extra, he needs to spend his extra time learning how to trade. |
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For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!
Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency. Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this. Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly). I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation. experience is one of the best teacher we could have. i support your idea that even the most knowledgeable and patient person in this world might commit mistakes in this field. although we are pretty sure that we risk money for this, there is no guarantee what will happen next in the market, so the best way to know is to try it. |
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basically there are no requirements or specific numbers on how many kinds of crypto you have in your portfolio, ad long as you can manage it freely and handle it, there is no such things as rules to how many you will manage. You must also be aware on your investments and must keep tabs on what is happening in your portfolio.
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Yes, I agree. In fact, the financial system and industry are starting to change.
Many industry sectors are going to start their performance with such blockchain technology. They are also open to working with this blockchain technology.
As a result, hopefully, there will be many more parties or fields that will accept the cryptocurrency.
Personally, i guess they are welcome to changes and adapt to it. As clearly explained to what is the purpose of blockchain system and how does it work, i am pretty sure they are willing to take part of that change. The financial industry also has a lot to improve and maybe this is one of the solutions that might help them improve. |
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I agree to this, first four months went bad but we will see huge growth at the end. Once it reaches the $20000 mark, there will be huge media coverage and it will sky rocket from there on.
April was not exactly bad. It was not at all. To be more precise, month of January, February and March were part of bleeding market and I also don’t consider dip as a bad time. Now people are wishing to see low price of bitcoin because they want to buy it while same people did not bother to invest in it when it was suffering from dip. At that time, everyone was like, “bitcoin is about to die”. as much as i can agree with you my friend. its funny how the people exaggerated the dips like what you have said, and i can still remember some people said when the price began to rise " bitcoin is alive " , well it doesn't really matter, besides bitcoin is always alive and kicking. |
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