I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
There are developed platforms that allows consumers to use bitcoin as a form of payment. Basically the price varies depending on how the price changes in the market. There were institutions who actually accepts bitcoin as payment. On our bitcoin wallet application, users can make payment through it directed to companies that accepts bitcoin. Thus its actually good to use bitcoin as form of payment. besides the institution, i read the news that unicef received donations in form of bitcoin. of course they see that donation will develop if in USD. besides that by facilitating payment using BTC, of course they seemed to invest too |
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I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
There are developed platforms that allows consumers to use bitcoin as a form of payment. Basically the price varies depending on how the price changes in the market. There were institutions who actually accepts bitcoin as payment. On our bitcoin wallet application, users can make payment through it directed to companies that accepts bitcoin. Thus its actually good to use bitcoin as form of payment. |
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I think this is a great thing. The $ 24,000 bitcoin price in Iran will help investors confidently invest in bitcoins. It makes the electronic money market come back. Bitcoin prices in other countries also increased.
this is good news, and indeed investors will be aroused by this news. this will have a massive effect on cryptocurrency price movements. of course, for those who hold a BTC, they will be more patient in waiting for price |
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you are right because the initial goal is cheap fast transactions. when the price of bitcoin starts to grow and the demands on bitcoin begin to increase, making the price of bitcoin continues to rise and people forget the initial purpose of bitcoin and turn it into an investment asset. when prices go down, and FUD that make new people more panic, the price of btc is even more dropping. I think it's not a big deal for BTC.
right, it is normal for the market. with falling prices, this makes some people happy, because they are looking for areas to prepare to buy. and they are smart people who can take advantage of the situation |
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of course. because with so many ignorant people who embellish the good name of bitcoin and other crypto, surely the market will fall like last year with the many bad news in the name of bitcoin
i think they move it by doing panic, so many sell. and the price continues to move down. they do not think that by being calm, it will hold the price so that it does not fall deeper, so that market movement at least persists |
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is that true? that UNICEF is accept bitcoin and other 8 altcoin for donations? i think it will very good the big organization like UNICEF is start to use bitcoin, i think it will be great in the future when all social organization is start using bitcoin in the future
i think unicef, raising funds from bitcoiners. even so, but this is a good step, because bitcoin will be increasingly known, and does not rule out possibility that unicef will channel assistance via blockchain |
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I think those who block bitcoin are people who hate bitcoin and feel themselves or the company is threatened with bitcoin. But it's just nonsense, bitcoin actually facilitates our work.
i think they are people who feel safe now, so they don't want change, so they oppose bitcoin. but the world will evolve, where technological progress will prevail, so they have to follow it |
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Personally i think unsold token must be burned in order to keep the price stable
Burning tokens or cryptocurrency most of the time is just a way to bring an incentive for investors in the long run, as that would reduce the circulating supply and it is not just held by the team and for publicity these days, and to assure the investors, it has become a common practice these days. What is most important in the long run is simply the demand, even though a lot of projects tend to buy back and burn, the essence of the burn would just have been to reduce the circulating supply and make it grow in value quickly based on the level of demand for it. I personally prefer unsold tokens to be burned anyway. I also prefer if unsold tokens are burned too, of course price of the token will be competitive and dev can develop with the funds already reached. besides that it will certainly be a transparency for investors to continue to support a project |
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Because this will stop the corruption and the illegal profiteering will be gone forever
They know(the corrupt officials)that if the cryptocurrency becomes legal tender everything in government become transparent and the under the table will be lessened if not totally stopped
And the governmental illegal transaction will change to neutral because the payments will directly go to government and not in their pocket
instead, with cryptocurrency that is anonymous, government is worried that money laundering will occur by officials. for that until now government still calculates the policy to be taken |
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The price of dollar and the price of bitcoin doesn't related at all, each of them got their own market, so the rising or falling of dollar wont have any effect on crypto, and the government need to do something to strengthen the economic, as citizen we can help by reducing import items, but not many people care about the situation, most of the people see this as an opportunity to earn and that makes the situation become worse
indeed some people seek personal gain, not all have the spirit of nationalism. with clean governance, i think this can be overcome by taking steps as you mentioned, so that the country's economy can improve |
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In general I am agree with idea of this topic, but I can't agree with some coins you've added in your list, because some of them are shitcoins. I would take only top 20 coins in my long term portfolio and only some of tokens with low cap,but big potential to become top 20 coin ( it should be an infrastructure token) . Also 5000$ won't make you millionaire, because market won't make 200x, it is too much. I would estimate potential market cap like 30-50x by 2025 compared to current 200 millions.
no one knows for sure for future, many predict that later bitcoin will reach fantastic prices, but many requirements must be met. with more and more people who need BTC, of course price will follow |
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This is definitely a trend, and no cash is the future. Future money will be defined as numbers. It has nothing to do with paper. The era of numbers and entities is coming soon.
maybe bitcoin is change of that era for the future. of course, slowly many governments accept it, and if all over the world has recognized it, i think change in that means of payment will occur |
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Let's hope that the bearish were end and bullish run of bitcoin will start. I believe when the bullish run no want would stop on it and i hope it will surpass the last year ATH price of 20,000 USD but it is very hard to happen nobody knows bitcoin could do iy again.
by looking at the current price maybe price of $ 20000 is very difficult to achieve for this year, but we believe the next year still continues bullish trend, so it can break the previous high |
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I'm wondering how does those crossings are having an effect on the cryptocurrency price when stock market guys is paying attention to the crypto market which is strange for me.
I really do not see anything strange about it. Most stock market traders are seeing a good opportunity in this market and who really would not love that? As far as I can tell, the volatility of this market on its own makes it a very good and enticing space for traders to make a lot of profit from this market in the long run. A lot has been said about how this market is going to be the future stocks market eventually. We are getting close to those moments and for freedom as well, it shows a good way to go. This actually brings out the point the more. Although the site is under maintenance and could not see the article written. However it is a good thing to know that we have some crypto fx brokers that are trying to bring an alt to the differences to the whole market which includes crypto, stock and fx. Also, I still will like to see more reviews on some of these brokers anyway to know if those who have been using their services have some reviews to share within this forum. High volatility makes many traders interested, because for speculators it will easily make a big profit, of course it also carries a big risk, basically all that is sought by traders to invest their money |
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In my opinion is better to built trading plan by self , by this way we will know what the mistake and we can learn more from that mistake. To be expert trader is should be learn from the previous mistake, and no need to follow signal others trader. Risk management is the most important thing in crypto trading, because without that we can loss big money. With high fluctuacion of crypto make possible to loss money up to 90%. When buy is always wait patient to get bottom price and use stop loss in every trade.
Plan and strategy, without it you cannot be a good trader. A lot of traders nowadays tend to think after learning; they can just start doing different things to make things work out for them. But, it should be understood that, you need to practice and make sure you are able to build confidence around your strategy, stick to it, and see how far it goes for you. Nothing as good as having a plan before even entering a position and that is the edge professionals will always have over quacks. besides that we must learn to analyze market, by looking at prospects of a market, our waiting will not be in vain. moreover supported by stable psychology, of course, will have more chances of winning |
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This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
For me crypto have helped me very much. Since I engaged in this business a lot of good things happen to me. In my financial stability bitcoin has many chance given, there are times when I need money the most for my kids obligation in school, I withdrew my earnings from bitcoins. I will never stop believing fro bitcoins because it gives me food and shelter for my family. i think that has been experienced by many people, including me. with bitcoin we can realize dreams that were previously difficult to achieve, but now i can have them. Hopefully with this post, more new bitcoiner will emerge |
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Hey guys , i have been posting for a while now in altcoin forums but this is my first post in Bitcoin forum.
I am trying to understand the relation between the CME futures expiration and the price of Bitcoin in the market , is there any way to track the amount of futures going in long or short ?
At 2009 BTC was very new to all and somebody trust and some are not. But at present time BTC is more popular to all and also for big investors. So i think BTC price can make a effect market of BTC. There is more fluctuation on BTC price in market at present time. I think if it goes lower fluctuation in price BTC investor will be more aggressive to invest here and future of BTC market can run with high speed. i think the role of government is needed to maintain the development of bitcoin. with the policy from government, i am sure there will be many new investors who support it, because that will increase investor confidence |
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in the future, will there really be a need for fiat currency? Government can collect taxes in crypto, determine how to allocate it, and spend it in crypto. Ppl can receive salaries and do all commerce using crypto. Loans can be done in crypto. Fundraising can be in crypto. Sure, problems have to be worked out in terms of scalability, does it have to be completely decentralized, etc, the value has to become more stable. But theoretically, is there any reason to have fiat in the future?
It has been established that governments can now do taxation without representation by printing more money (which is a tax on everyone holding the currency), instead of trying to get a bill passed that allows it to increase the tax rate. With crypto this would be no more. All increased taxation would have to pass a vote.
From an economic standpoint, the idea that a country can stimulate its economy by adjusting interest rates is tenuous. There is just as strong an argument that lowering interest rates has caused speculation and bubbles, with calamitous results. In a crypto market economy, capital will flow from where it is needed less to where it is needed more.
Your point is not actually that acceptable. Fiat currencies are a must for the world to carry on its financial transactions and i think without any fiat currencies the normal financial transactions would be hardly not possible because noy everyone is able to use the cryptos ot the digital means of payments. Fiat currencies are centralised and none of the government would allow the decentralised currencies to rule over centralised currencies. right, it's actually bitcoin as a complement to fiat currency. meaning that essentially fiat currency becomes the main transaction tool, if btc will shift it, i think it takes a long time, because bitcoiner is currently only 1% of the total world population |
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surely all decisions are on yourself to choose the best in the assets that are owned. my advice is to keep investing in bitcoin because the movement and growth are no longer doubted to be able to get a big enough profit, but only if it is invested in the long term for a decent result. choose the one that you think is best and can get a big profit for you.
by investing in bitcoin, we will be safer, so that it doesn't interfere with psychology. as we know, bitcoin is the safest coin compared to other coins, because other coins growth are influenced by btc |
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