I think its hard to determining when its good time for buying bitcoin. Its depending on our plan, if we plan to hold bitcoin as long term investment, i think its good time for buying bitcoin and hold it at least 3 years
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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.
Many merchant not accepting bitcoin yet because government regulation not allow it. In several country like Japan or Germany, bitcoin already become currency and can use in merchant as payment. Its good start and i am believe others country will following Japan and Germany step
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I think bitcoin still interesting as good long term investment. Bitcoin as investment at early age and i think it will growing more bigger in next 5 years. In just 10 years, bitcoin market cap value already more than 100 billions dollar and i think its great achievement
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Government should implementing bitcoin system. Bitcoin creating transparant system on ledger and with blockchain system, government can reducing corruption because the transparancy
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I think many option if we want to investing our money beside bitcoin. If we decide to invest in altcoin, many good altcoin with working product and worth to hold for long term. But beside cryptocurrency, we can invest on gold or others precious metal
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Some bounty hunters who are also investors take time to research into projects and come out with good projects with much capabilities of becoming successful. These type of Bounty hunters cease the opportunity to buy more of that coin at low prices below ICO prices after the ICO and listing on exchange. Most coins get started on the with lower than ICO prices.
Most token or coin, when landed on exchanger mostly drop the price below ICOs price. Its because many bounty hunters dump their reward and just want make a quick money. I think better hodl it for long term if the project having a good product and i think its good to buy a good coin if below ICOs price
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I think its hard to predict when market start to recovery. But i do believe end this year and 2019 will be good year for cryptocurrency market because many financial institution like Fidelity already admitting that their invest on cryptocurrency
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Its already for many years, merchant in Japan receiving cryptocurrency for payment. I am believe in 2020 they will accepting more cryptocurrency like altcoin. Its more safe for tourist using cryptocurrency because its much secure and its much safe to travel with it
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Before this time, almost Korean investors really worried about new tax policy for cryptocurrency. That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug. But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors. Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period. http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakaoIn conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN! South Korea is one biggest market in asia and in the world. With good regulation, investor will more confident to investing more money. Beside that, common people will more to come to market. Cryptocurrency market is growing investment and i am believe more government regulate crypto following this step
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Its true that Proof of Work coin need more electricity than Proof of Stake. But its creating transparancy in data transaction and its much secure on the data. Right now, we are living in the world with many innovation, i am believe energy alternative that more friendly to environment can used for bitcoin mining because its much cheaper and saving a lot cost
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I am believe in next 5 years, more tighter regulation about how to launch ICOs. Bitcoin will be like safe haven, like gold in real world but with more flexibility and more secure.
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Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
Bitcoin is new innovation on how monetary system should be run. I am believe bitcoin is more beyond than just a currency, its new system how financial system work. With no one institution or authorities control the supply and the data, it will creating transparancy on money supply in market. It will creating a real value of economic growth
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People must stop talking about the death of bitcoin because a currency like bitcoin must not be judged with a change of a day or a month but with a change of a year who agree about that? I ask too if there is a way to know the 1 year change of bitcoin in cmp or any other site. Thanks
Bitcoin price right now at $6500 and its much higher than early 2017 price. People keep saying bitcoin will death because they are suffering loss and they buying at high price. Bitcoin is long term investment and we can see it in history price
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very interesting when we hear that academics from Princeton University and academics from the University of Florida have concluded that China has the potential to threaten stability, internet infrastructure, security and bitcoin development.
in the world of mining, China dominates using ASIC vendors. China controls mining hashrate, so they affect the bitcoin protocol.
Is there a solution to stop that potency ?
Bitcoin is decentralized system and any one can build their own mining. China have many bitcoin mining and it is true that they dominate hash rate but the control on price is not in china, its on market.
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I think, if the government applies regulations to the crypto currency it might be good because that means the government will support and accept crypto currencies so that we can more easily use them.
I am agree with you. If government regulate cryptocurrency, its mean we can use our crypto in any merchant. I think its good if government issuing regulation on cryptocurrency because investor will more confident and government can protect investor money from scam project
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The biggest factor to avoid when investing on ICOs is market drop. Beside that, many ICOs are scam and thats the main factor why investor afraid to join in some ICOs.
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If more people having knowledge about bitcoin or cryptocurrency, they will glad to accept crypto as payment for their service. Its a future investment and they realize that. Crypto still at early stages and i am believe it will growing 10times bigger than now
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Some peoples married because they want to fix their financial situation. I am believe if they married with proper knowledge on financial, they can make a good marriage and not always young age marriage can lead to poverty because some people success building their comittment
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I am believe in near future, more institutional finance or big investor make announcement that they already collecting crypto as their new investment instrument. I am believe market drop in past several months because big investor want buying at cheapes level. RIght now, i am believe on bullish movement
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