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The site is down, the dev team does not respond. Scam alert. Avoid at all cost.
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BCH got pumped hard. Use it only for speculation purposes. They have been hostile towards the BTC community in the last few days.
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Well, normal people need to make an effort. I thing the bigger problem is not the complexity but rather the trust in Bitcoin. Many don't understand the technology and see it as voodoo magic. It needs to be explained in schools and universities so that people understand how blockchains work.
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Money was backed by gold. Not anymore. The gold standard is long gone. Both Bitcoin and USD are not backed by anything.
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Bitcoin is in bull trend until it isn't. Nobody could forecast when the trend will turn around. It could be next year or in 10 years. Corrections are something normal and after a downturn always comes an uptrend.
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Government regulations and bans have big influence on the short term price. Big adoption news do the opposite.
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The best option is using different wallets for different purposes. - Hardware wallet for long term storage
- Mobile wallet for payments
- Desktop wallet for moving funds around (e.g. exchanges)
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Bitcoin will survive. Time will show which version will take the lead in the future.
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Banning Bitcoin might elevate the price. People will continue selling it on the black market and start smuggling vouchers into the country. People will have to pay premium over the market price. Everybody will forget about China in a couple of months.
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Do not use your phone number for 2FA - especially if you are based in the USA. There are better alternatives such as code generators (Google Authenticator) and Hardware Keys (Ledger Nano S - yes, you can use your hardware wallet for 2FA).
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Normally you should buy when there is a dip. Now is not the perfect time. Don't buy BTC only because you are exited.
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I think there are many people who want to disrupt Bitcoin. These might be backed by the banks or governments. Keep calm and keep hodling  |
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Bitcoin will be my retirement plan. I try not to touch it.
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It is the right thing to do. Malaysia is on the right track unlike China.
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If its true this would be the biggest Bitcoin announcement ever, but unfortunately this is not the first time people have speculated on Amazon adding Bitcoin as a payment.
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Emails containing public addresses are 99% malicious, especially when you get a "special offer".
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I create Infographics and write blogposts about blockchain |
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What about transaction fees? I am not sure if it would make sense long term. If we had lightning networks implemented then maybe.
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I would definitely accept Bitcoin as a salary. This way I wont need to convert my savings into crypto.
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