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Investors choose coinbase because this the reliable and best app also coinbase did contract with many merchants, for newbie investors who wanna buy bitcoin than coinbase give them facility to by from their credit or debit card as like they shop from E commerce sites but this facility is not available for all countries also coinbase offer referral system so people will be attract they can make money.
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I know bitcoin since 2016 from my friend and he introduce me how this work that time bitcoin price was $500 and then i buy 1 bitcoin and invest in revenue share, hyip,matrixes but after some time get scammed but that was my mistake not of bitcoins and i was really worried how to earn but finally i start to learn trading and now slowly slowly making profit.
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Bitcoin is not hackable because of its very secure network and technology behind blockchain, bitcoin transaction is P2P & send via complex mathematics data because every transaction is proceed via multiple computers network. but many time exchanges is hacked and holders loose money so we need to hold our bitcoins in hardware wallet.
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Bitcoin bull run when happen no one know many predictors give their prediction but 95% are failed but bitcoin always give hope to investors and strong holders hold for long term and make profit and panic sellers sell their bitcoin in downtrend. bitcoin bullish trend is depend on supply and demand of bitcoins also many whales manipulate the market according to their need.
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Yes you can invest for bitcoin business purpose u can start mining plant and than u can sell bitcoins because crypto market is huge also with bitcoin u also can mine other Altcoins like Etherium,Litecoin etc. also u can start a trading company where people can invest their money and u will give them particular share. bitcoin business future is bright.
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If this situation will create than peoples have two option one is they can exchange their bitcoins from paypal in fiat or USD than they can withdraw money in their bank account and second peoples individually sell bitcoins on localbitcoin platform to their country's buyers and seller will get money via National bank transfer but this kind of bitcoin to fiat exchanges ban is not possible.
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Now i am using bitcoin for trading and taking profit also when i need money than sell and and get fiat currency but i am never think i can spend bitcoins for our daily requirements. if Airlines is accepting bitcoin as a payment than this is good for who wanna see crypto as a major currency. i hope my country soon accept bitcoin payment.in upcoming years bitcoin will be accepted by all countries.
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Yes best strategy is invest when market is in downtrend and than hold wait for market uptrend and make Ur profit .Important in bitcoin market is right time of entry and exit. now bitcoin market in down trend so we can invest because in next 6 months market will be in bullish trend also in last six months market was in down trend, bitcoin will break its All time high $20000 price record.
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Yes bitcoin is a best innovation as a cryptocurrency also this the blockchain base technology and secure. bitcoin is giving a new technology for a digital online payment also giving many peoples financial freedom from trading and mining. bitcoin is very popular for its volatile market and with this technology anyone can send payment anywhere in world without any limit with small transaction fee, no need to do any formalities like bank transaction.
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Only one person can't do this because this action require by all crypto community if we wanna introduce bitcoin between peoples than we need to start accepting and spending bitcoins between peoples also introduce newbie peoples what is bitcoin and blockchain technology, but big issue is if peoples start doing small transactions but higher transaction fee and higher payment confirmation time can make problem to accept bitcoin as a payment so need to solve this problem by blockchain technology.
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Altocoins are depend on bitcoins because most of coins are purchasing via bitcoin on exchanges so bitcoin value is more in front of Altcoins. in future only bitcoin will survive in crypto market than its price will be much more but peoples are coming in crypto market for profit so they looking for altcoins as a investment option. both bitcoin and altcoins is necessary for Crypto market.
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I am buying and selling bitcoin via Localbitcoin.com and this is the best way for buy bitcoin because all worldwide peoples can use this platform also they get sellers rating and feedback so their is no problem in deal also we can compare different sellers price. we need to do National bank transfer and then deal completed, first we need to verify on localbitcoin, via driving licence or ID.
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Market prediction is important for every investor because he invest in market because he think about estimate period when price will jump on particular time and he get profit. but now many predictor is giving false info and we follow them so we get loss in market so best thing is we need to learn market and charts on our level than take decision.
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NO there is no illegal still now we are using bitcoin because next hearing is in supreme court on 11 September 2018, i think Central bank(RBI) planing to regulate bitcoin but final decision will depend on supreme court also bitcoin can't ban because peoples using it via internet so they need to ban internet first, if they will ban than peoples do it in black market also government will loose tax which they are getting from bitcoin buyer and sellers.
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Bitcoin as a paper notes this is not a great idea because bitcoin is a digital currency & if we change its real body than what will be difference between bitcoin and banks paper currency because we are using it on internet and this is a decentralizes also bitcoin know about its fast transaction so this is a very bad idea to make bitcoin as a paper notes.
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Market manipulation never stop because whales or groups of peoples decide market will up or down, because they are profit taker also they create panic when they push market in downtrend than panic peoples or weak holders sell their cryptocurrencies in cheap price. ETF also rejected because of this reason and manipulation can't be control so crypto market is known for its volatility.
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If bitcoin will die than all crypto world will destroy because all other altcoins are depend on bitcoin and its impact will be very danger for market and investors. but this thing is impossible because bitcoin was a first cryptocurrency when crypto world start already its impact is very strong in world's Economy and bitcoin will be use as a major currency in upcoming years.
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Crypto exchanges can definitely win the case against the government. The ban will be lifted.
Government had decided to put a ban to crypto trading in Jan due to price rise but will probably life the ban and regularize bitcoin as a commodity.
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Can tagging high profile and famous people on twitter with an intent of asking a question help ?
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I am wondering if this is a start of the bitcoin economy in India ! Never imagined someone will come up with an educational course on Bitcoin cash as a part/ feature of their ptroject
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