in fact, the government has done to stamp out the spread of bitcoin in some countries but the development is too fast and many believe that bitcoin will promise and in the end they use bitcoin to be used as an investment tool.
Believe me, the government in my country has made several efforts to stop bitcoin, starting from the politics and the minister who spread the fud that virtual currencies such as bitcoin do not have legal legality, and are very risky investment and detrimental, but you are probably right developing too fast and bitcoin cannot be stopped.. |
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As long as the amount is not bigger than 500000$ in single transaction and the money you use to buy is clean not not used to laundered.... Sell your Bitcoin partially to keep people from n oh ng your financial record...
if you exchange cash on an exchange site there is certainly a limit to the amount of withdraw, but if you exchange it in individuals people, of course you can sell it whatever amount according to the ability of the buyer. and I don't think they will know your bitcoin from the money laundering or not? as long as there is no ban you are free to exchange it for cash... |
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You can also use google to find if your country prohibit the use of cryptocurrency. There are lists of countries that have been published or posted by some well known online media recently. There are also countries like mine that allows the use of cryptocurrencies in any transactions even it is not legalized yet. China is reportedly opening up on the use of cryptocurrencies after one of its local court ruled in favor of bitcoin so there is a big chance that your country might also allow the use of virtual coins in the future.
My country too, does not prohibit the use of bitcoin but there is no official legality and regulation made for crypto. in some countries it has provided regulations and even taxes. I don't know what the benefits are then, is it possible then we are getting easier at spending, when there are laws on bitcoin? |
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I am a little doubtful that what I wrote is worth it or not, but this always comes to my mind and wants to ask this,
I have read several topics here that the drop in Bitcoin prices sometimes occurs because investors experience panic and sell their assets after reading the bad news circulating, and here I have thoughts what if a crypto community has the intention to raise the price of Bitcoin and other crypto by spreading the good news about bitcoin and also introducing bitcoin and its usefulness to the wider community?
Will it help to increase Bitcoin prices?
helping to introduce bitcoin can affect the increase in prices, someone might be able to buy large amounts of bitcoin and maybe the price of bitcoin will rise along with the many sell panic coming. so I thought that was a good and right step. You know the spread will really help the bitcoin market to become more widespread and of course that will make the market more crowded and demand will increase, of course it's a good development for bitcoin. and your efforts in giving news about bitcoin to people around you, including in the spread of bitcoin, and that must have an effect on the market.. |
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When you have psychological fear, I advise you not to set foot in the crypto world. Because in the crypto market does not allow those who fear psychology and run away when the market is decreasing. If you have courage and hold, the chance for you to get rich always welcome you.
Thats right, in cryptocurrency investment is about the courage to take risks. because in crypto investment, there will be many obstacles such as very volatile prices, if you are an easy person to panic I am afraid you will bankrupt if the price drops very deep, because that is certain thing to happen in the crypto market.. |
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Socio-economic problems accumulated over the years, so they cannot be solved overnight. We'll have to work a lot on this.
Bitcoin clearly has a social impact on society, especially how to think and act in the world of trade. Using bitcoin removes boundaries between regions and countries and transactions can occur instantly in seconds and directly because peer to peer technology eliminates the third party role. You right bitcoin is changing the economy and even the world financial system, how its profits from investment can provide a better economy to the people and other functions such as currencies so that many people in various countries can transact each others without confusing local currency differences.. |
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How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
I think its depending on merchant. Some merchant accept bitcoin and many merchant still afraid accepting bitcoin because government regulation. But in near future, i am believe more merchant accepting bitcoin as currency The key is only 1 so that many people want to use bitcoin as their currency to pay for their needs, all merchants accept bitcoin payments, because one of the things that makes people reluctant to use bitcoin currency is because of difficulties in spending and difficult in finding stores that accept bitcoin payments..
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After knowing how money evolve through the century, next is how could this evolution be significant to the evolution of a new technology by the coming of the cryptocurrency. I think if money took a century to fully estanlished its presence, that would also be a very challenging times for cryptocurrency to fully function as it was designed to.
Evolution will occur in the world financial system, the payment system will change from cash that is increasingly obsolete and becomes a digital currency that will be more flexible and environmentally friendly. but that does not mean the cryptocurrency will be a pioneer at that time? Fiat could have a new breakthrough for the digital currency.. |
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Even though the market is almost a year red and until now there has been no sign of recovery, but I am sure that the future of crypto is still promising so that investment crypto is still a mandatory thing for me to do to make the future better.
We have experienced worse conditions in 2012-2013. Bitcoin prices fell from $1200 down more than 500% to below $200, and prices did not recover in a few years, but that doesn't mean bitcoin and crypto are end? we are still in the early stages and recover is certain to happen, you just need to be patient dude.. |
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maybe on right now can in say Ethereum is indeed disappointing because ETH prices have not gone up to $300 by the end of this year. on the other hand Bitcoin has also decreased, the current market conditions are very worrying for me because all the prices of coins are still red.
Ethereum and Bitcoin are the coins that I like the most, because seeing the prices of the two coins still hasn't gone up, I'm disappointed.
Lack of purchasing power, demand is still weak, the market is still full of doubts. of course, prices have not gone up yet. don't be too sad and disappointed to long, because you will only contribute to weak demand, we need to keep hope! so prices don't collapse again, I myself sure when the time comes the price of Ethereum will definitely rise again.. |
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the success and failure of an ico depends on a team, ico fails may be due to lack of interest, unclear origin and a less sophisticated team. this year a lot of ico failed because they only wanted money from raising funds and were not serious about running the project so many were deceived.
Thats right, the lack of investor interest is certainly influenced by how hard efforts the team's in conducting promotions, not explain in detail the project ideas they have, or the poor innovations they carry. so investors are less interested in their ico projects, then they failed.. |
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I probably would not use it. What makes money "money" is not about whether its printed or electronic its because its being accepted as a medium of exchange and attached value. Remove those from it, its just a worthless piece of paper.
And again, the term government goes beyond an elected body at the national or states level or any constituted authority. A mere coming together of some people to control something is a form of government on its own because they would be deciding for others. As it relates to paper currency, it cannot be unregulated as some people would have to be ensure its printed, its secure, the value does not drop, its relatively scarce, its in various units, it does not leads to inflation and all of that is regulations.
Very funny, even bitcoin with blockchain technology that is very innovative, many people are contra because it has not been regulated. let alone paper money which is an outdated and unregulated payment method? lol. if you want to make it like that, no one will want to use it Pal. because nowadays many developers are competing to create platforms such as fiat wallets for payment methods.. |
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Cryptocurrencies certainly offer some advantages that are absent with fiats, however, fiats play another role for government as it is a tool to control the supply of money and as such control the economy, that will be difficult to replace with crypto in the future
I strongly agree with what you convey fiat currencies and crypto currencies to have their respective functions which, as you say, might be better collaborating with both of them to make things better in the future we don't need hypocrites that we still use fiat and still rely on fiat to pay for daily needs? You can't depend on crypto to pay for food in a small restaurant or in the countryside, do you ? of course we still really need fiat for life now, you're right it will be much better if we collaborate it.. |
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The general situation in the world economy. Falling stock indices on the largest exchanges leads to a decrease in the price of bitcoin.
The aggravation of international politics also negatively affects the price of bitcoin.
The sale and withdrawal of a significant number of bitcoins in fiat leads to a decrease in its rate.
what you are saying is very true that many factors can change anything therefore until now no one can predict with certainty the price and development of cryptocurrencies may be factors and risks can be related to investment in cryptocurrencies Thats right, there are many factors and many aspects that affect bitcoin and crypto markets, so the analysis sometimes does not fit your expectations because you only do research just on a few of aspects, while there are many things that you must analyze in the bitcoin market.. |
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Crypto Currency is fastest way to get rich ?
How long have you been with crypto?
Have you reach your goals yet?
what do you think about this topic?
Crypto is not a fast way to get rich, if you are expecting to make a lot of money from the market then you have to be willing to wait for as long as it will take for you to make that much money. If people are being honest with you then cryptos is actually one of the slowest ways to make money in the world. Bitcoin has been in the market for about nine years and we are just getting here now Don't just focus on bitcoin, while there are many coins in cryptocurrency and there are many methods in crypto to make a profit, there are many altcoins that can rise thousands of percent in a short time, that is one example of generating wealth in a short time, there are actually many other methods too, the point is crypto might be the fastest way to become rich.. |
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How much time do you spend on bounty campaigns?
Is it worth doing bounty campaigns?
How much can you make from one bounty campaigns?
I spend an average of 6 hours every day on participating in various bounty programs. Sometimes this duration of my working day can increase up to 8 hours. But I have a long working day. It all depends on the size of the reward and my free time. That includes a very long time allocation dude, even my full time job is only 6 hours in a day, and you can spend up to 8 hours in bounty lol, how many bounties do you follow every day dude? do you follow all the bounties or just sort some bounties, because 8 hours you can follow a lotttt of bounties right ? |
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Cryptocurrency as an investment is very unstable and if it is so now even in a crisis people will not invest in it. In practice it may be different.
The global crisis will certainly have an impact on the crypto market, because when the crisis occurs all needs and goods will rise, because the rate of currency falls and so on, people will save even more. the point is that people's purchasing power will go down and of course it will result in bitcoin demand? but you right, in practiced maybe differently.. |
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If you think bitcoin is an independent currency it's a good opinion but I think bitcoin depends on fiat currency dispate the measures done by governments to restrict it.
Limitation doesn't mean that Bitcoin is dependent on the government, even if that limitation is applied, it will not fully limit users, and not necessarily be followed by all users of Bitcoin, once again decentralization cannot be changed by the government, and I still think that bitcoin is an independent currency |
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How I heard about bitcoin started early 2015 when I was searching for means in which I will use to earn some money to help support my schooling because I'm an undergraduate. So I was introdue into an online business by a friend called MMM (As of then I never knew it was ponzi) the way it was presented (mouth watery bonuses) made me to engage in it fully and started marketing it. I became successful at it made some cool cash too.
How did you hear about bitcoin?
It is also 2015 when I heard about bitcoin then I just ignore this thing. All I knew that time is we can earn real money through bitcoin even I was far before 2015, before bitcoin was too famous like that year. I had heard bitcoin, but the news about bitcoin was not as negative as after bitcoin began to boom. so I heard news in early 2013, and I didn't hear negative news like bitcoin is MLM, Ponzi, or somthing like that |
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that was a good information , and i'm also think every one needs to learn before trade , but Fibonacci analysis is more than that , It's about Fibonacci series in mathematics and golden points , A complicated method but very intersting.
I doubt if the newbie can know about RSI or like fibonaci series and so on for market analysis. but it is a very good tips for increasing knowledge mate, including me who just heard about it. Lol |
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