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my biggest regret in bitcoin is when the price of it is low. I didn't buy and hold that is my biggest regret in bitcoin, when the time comes that I have a chance to buy a bitcoin I will the opportunity and trade until it gets a high profit.
That is right most of the people have missed the opportunity, I myself regretting for the time when the price of bitcoin was trading below 1000$ it was just a year before, but i think it is not good to lament over split milk, but should try to invest in current position and get some profit from it. |
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Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
Actually bitcoin is not a stable price because this is the way that bitcoin become popular. So that if bitcoin have a high price somebody encourage to try to use bitcoin. And i think this the main reason why it become popular. So all we need to do is wait and see on how it high someday. Yes currently bitcoin is not stable, because still majority of people are entering in the world of bitcoin and are investing money there, but hopefully when all the people of the world will start using bitcoin as fiat currency then it will become too much stable. |
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What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?
Finding a good exchange is not such an easy job. i think it require a good experience and hard work. you must have good knowledge about exchange. |
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A person needs a really good concentration and and his good thinking is still present because everyone loses it when it comes to gambling. At first, everything looks good but because the greediness that you can't stop then it ruins your play and lose so always keep it cool.
A gambler should be calm and quiet because these two things lead to success not in gambling but in every field of life because calmness allows a person to pay full attention on every single thing he is doing and the happiness of winning increases the greed of more. At that time a gamblers with focused and concentrated minds can handle the situation while the other with absent mind will face loss in second game. I think it is some thing natural to have greed in gambling. i think we cannot control greed in gambling, but still if we have some good strategy it can help us to have control over our greed. |
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GreedY that make people to perform less commendable acts like scam.
besides it is partly the user's own fault for being less wary of scams.
yes you are right, different people have different reasons for scamming, I means that people scam because of lake of knowledge to invest and also have problem in skills so that's the main reason is this case. |
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In my opinion, Bitcoin is cryptocurrency of future. Now very few people deal with cash - they prefer doing everything using credit/debit cards. A rare person now remembers when he kept all his money at home. Meanwhile, doing bank operations, people hate to pay commissions for it and withdrawal in ATM costs too. BTC gives all chances to get rid of many commissions. Bitcoin economic will flourish.  Well, but what about transaction fees? Right now it is around $4 for a fast transaction. I think Bitcoin is a great tool for transferring huge amounts, but not so good for the small ones. Maybe this problem will be solved in the future and then indeed Bitcoin will be used more than credit/debit cards. If anything, that's unlikely Personally, I doubt that the problem with the high fees will be solved. Bitcoin is not used as a tool for transferring daily values. And that has become sort of normal. If you need fast and cheap transactions, use Litecoin or something similar. But this is not what I want to say here. My point is that Bitcoin has basically burned the bridges behind itself, and it has no place where to retreat or run for cover. If it crashes for some reason and turns into yet another coin, it is effectively doomed for extinction, since, technically, it is an utterly outdated coin, and its only advantage is higher profitability over longer terms entirely due to speculation. But will it last forever? Even if you are right and Litecoin or any other crypto is better than Bitcoin regarding the speed and the price of transactions, for most people it will take huge amount of time to comprehend that. Most people, and I mean educated and wealthy people, don't use Bitcoin still, and when they will start using BTC it will take another 10 years for them to learn about advantages of other cryptos. But I personally think that it is not guaranteed that Litecoin will not face similar problems (or other critical problems) when used on a larger scale. It is not about me being right or wrong It is an established fact that the total majority of coins are way faster than Bitcoin, and most of them are cheaper in terms of transaction costs at that. But that's not my point, which you to have missed entirely. You seem to have missed or discarded my assumption that if Bitcoin should crash massively (for whatever reason), there will be no way back for it since it will instantly turn into a completely outdated coin. You basically assume that Bitcoin will never crash but that is not a given by any means I agree with you, indeed majority of other coins are faster than Bitcoin right now. I'd been using some of them and I was amazed about the speed of transactions even when working with trash coins. But do you think they will be as fast when used on a larger scale? I personally don't know the answer and that's why I assert nothing as certain. I really want to read your answer to that question because I respect you and generally I enjoy reading your posts I'm mostly interested in Litecoin And thus I can't say anything definitive about other altcoins. Litecoin has SW and LN activated already, so we should just wait and see when its current transactional capacity is exhausted, i.e. the capacity it has without employing Lightning Network capabilities. Regarding your example of weeds versus crops, I think it is not applicable here in the sense you mean it. In other words, you can take any weed plant, cultivate it, and you will likely get even a better result. That's why I make a point out of a possible Bitcoin collapse. It would create a level ground for all coins, and devil take the hindmost No doubt that bitcoin economy has a bright future, Bitcoin price is increasing from time to time which is the proof that bitcoin has a bright future. |
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Because price is rising bitcoin is fail as payment system since fees are high, I would call bitcoin as and asset and wealth storage like gold rather than money
According to me a lot of people see bitcoin as a money and also a reason is that they use bitcoin for a lot of works that they fulfills all their needs with the help of bitcoin and also that’s why everyone call bitcoin money. Bitcoin is like a treasure if someone use bitcoin as a money not for getting information etc. |
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https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities. This just shows that as bitcoin develops both advantages and disadvantages will tag along. I dont believe that criminality increases because of increase in Bitcoin even before Bitcoin was made criminality always grow and increase rapidly because of the needs of some poor people and also the greediness of some criminals So its not right to blame Bitcoin for the increase of criminality maybe there is a increase in hacking in internet but that was still not enough reason to blame Bitcoin I agree with that bitcoin is completely illegal and those who invest are also criminals but those who use bitcoin for negative activities and then also profit use for drugs like things and drinking alcohol then it will be danger and there will be criminality but those people who invest for their future and want to have secure future then it is really good use of bitcoin. |
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maybe I will use bitcoin that i have for business purposes such as trading and investment, because with these efforts of course i can get benefits that i can use for various purposes and for the cost of my life.
In present time i think we have only one option and that is to use bitcoin for investment and trading purposes. Although in some places people are also using it as for payments. |
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many people left their full time employment to go into bitcoin but it is not a good idea because they can continue their day job and bitcoin together
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i do not think that children need to know about bitcoin. because bitcoin is currently use as for investment and trading purposes therefore they do not need to know about it.
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