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My five questions are: 1. How to make money using Bitcoin? 2. How to save your bitcoins from hackers? 3. What can I buy for bitcoins? 4. How is it profitable to withdraw bitcoins to fiat? 5. Is it worth getting rid of bitcoins when the course goes down?
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I am sure that over time, the anonymity of Bitcoin will be less, and therefore money laundering operations and other illegal activities involving Bitcoin will disappear. Already we can say that cash is much more used to pay for illegal operations than cryptocurrency, since the blockchain has a trace of mutual settlements that can be traced in principle.
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If we touch on the etymology of the word itself, then I think HODL is an erroneous spelling of the word hold, which means a certain time period necessary for any action. By the way, Russians mainly use the word hold. In any case, this term has already begun to denote a certain philosophy in the cryptocurrency market, when in spite of the situation the coin holders retain their long time in the hope of greater profit in the future.
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I recently heard that the Starbucks network plans to accept Bitcoins in the near future. This is very good news, which means that the development of Bitcoin continues and soon it can become a full-fledged payment unit.
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Ukraine: This country Have the lowest electricity cost in Europe. Ukrainians pay $5 cents for a kilowatt hour of energy. Bitcoin mining in Ukraine is perfectly legal and crypto-friendly and they are even building a statue in Satoshi Nakamoto’s honor replacing a Lenin statue [3]. Do not worry about the war with Russia is all over now. You can bring your machines from nearby countries like Germany and the speed of the internet is not the best but is ok for mining. The price for mining 1 b is $1852
Regarding Ukraine, I can say the following: since yesterday, martial law has been imposed on a large territory of Ukraine for the next 30 days and no one understands exactly what this means. Bitcoin mining is not legalized. There are no laws that would ban it, just as there are no laws that support it. |
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In my opinion, the facts you have indicated cannot be causes for the fall of Bitcoin. The question has already been repeatedly discussed that Bitcoin does not fit into the traditional framework; customary economic laws do not work here. In any case, if he falls, it is not because he is an analogue of ponzi.
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If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.
Read carefully again. There will be stable coins which will replace those speculative scam coins like Tether-printer, 2000 shitc...and the king BTC. USDT, USDcoin DAI will be alternatives. And they are climbing up on CMC. I am not at all sure of these coins, there are no guarantees that they will develop steadily and will replace those that leave the market, including Bitcoin. In addition, if I lose money on Bitcoin or Ethereum, then I am not sure that I want to continue working in this market. |
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A month ago, there was no talk about the cessation of mining activity, and over the last week Bitcoin went down sharply, so when did the miners manage to sell their equipment and go to work in factories? Everyone continues to extract bitcoin and only think about what to do if the fall continues.
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I'm starting to think that the rapid growth of Bitcoin last year was not a normal phenomenon, and the current fall is a return to the demand-driven supply framework. I am sure that Bitcoin will grow, but this growth will be gradual and reasonable.
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If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.
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I came to the cryptocurrency market with the question of how to make more money with the help of bitcoins and today I am still worried about this issue. The market is very volatile and, for example, our past knowledge about making money on cryptocurrency is no longer relevant today.
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Only high volatility of cryptocurrency makes it possible for traders to earn money. Stability is a swamp with minimal income, for me this option is not acceptable.
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It is unlikely that bounty hunters have such a strong influence on the change in the course of Bitcoin and ethereum. Having received a reward from the bounty, some of them will sell their coins today, some tomorrow, some in a year, and some will be left for long-term storage. In order for the crypto rate to fail, a massive sale of coins is needed in a very short time.
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This had shown that this slump is not the worst in history except it deepens towards $3000. It is an encouragement to all enthusiasts that better days are ahead and all we need is patience , more important thing is to get rightly positioned for the next bull run
The problem is that we do not know when the market will recover. In fact, it is not so important how much the cost of Bitcoin drops, as when growth begins - in a month, half a year or a few years. |
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I do not really believe in this story. The operations described here relate to operations with a high degree of risk, which means banks would be forced to form a reserve for them, and therefore double the financial burden. It’s another thing if we are talking about the owners of banking groups that operate with their personal assets, then it is quite possible.
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I am very concerned about the general situation in the cryptocurrency market, namely, the fall in the rate of Bitcoin and altos, a large number of unpromising ICOs, a decrease in the earning potential on the cryptocurrency market, hacking wallets and the like. I fully understand that my mood is provoked by negative news that surrounds us, but in such a situation it is very difficult to keep cool.
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In order to manipulate the course of Bitcoin, really big money is needed. Especially if the plans to destroy the cryptocurrency, then these funds will be lost forever. I don’t think that the US government or any other country is ready to go for such financial losses for the sake of Bitcoin falling.
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I, too, have already purchased everything in full, the available funds have ended now, and I am waiting for the situation in the market to change for the better. I have nothing else to do, I don’t even want to think what will happen if Bitcoin and Ethereum continue falling.
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Everything is clear with a cold wallet. It is easy to protect your assets from theft here, but here's how to deal with stock wallets. I know many people who have lost their money by transferring them to a stock exchange account for conducting purchase / sale operations.
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These days it's hard to be patient. There is a lot of information around and in most negative. Each time opening the news and even the forum you start to think that the last day of Bitcoin comes and only incredible willpower does not allow us to sell our assets.
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