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Altcoin and bitcoin price in trading is independent from one another. In trading principle, there will be a price hike when you sell the coin in higher price than the last trading that took place with that particular coin and someone bought it. So the up and down of market value depend on the last trading price.
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1. Some people think that bitcoin is a scam. 2. It is not legalized by the government. 3. They are not properly introduced to bitcoin.
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No one will be able to know that you own cryptocurrency unless you tell them of course and reveal your identity.
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It is nice to know that bitcoin is gradually recognized by some countries. This proves that bitcoin can benefit the state, since they won't legalized it at the first place if they have seen factors that might have affect loss on their economy on legalizing the system.
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They may have some of reasons why they decided to sell their coins instead of still waiting for the price to spike up. One reason is that they badly needed the money right at that moment or they already reached their cap they set for them to withdraw, or they are influenced by surroundings.
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Negative feedback of bitcoins was spread thru media, so you have first to convince media that it has a good benefit and totally not a scam. People should not use bitcoin for their scam activities so media will not have a reason to discriminate bitcoin use. It's all due to scammers why bitcoin has negative views from others.
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Both I think. You use this as currency at the same time in casino. Remember that when you play in casino you have to pay in currency, si if the currency you are holding is bitcoin, you'll need to convert bitcoin for every chips in casino same as today convert fiat into chips.
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Bitcoin has value, so even you can donate this in your preferred church especially when they know how to utilize it. But how if the church management do not know how to engage with bitcoin? How can they benefit in it.?
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You'll get to decide what to do with your bitcoin, whatever or wherever you want to use your bitcoin will be your choice. Just make sure that you will have a strategic management on your bitcoin consumption or else you'll lose it in no time.
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Other cryptocurrencies are still far from bitcoin where it stands. We can say that as of now it's greatest competitor is the ethereum.
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True, and as long as there are people riding on its trend it will run on financial ecosystem. So hopefully all people will still use bitcoin for its price to appreciate more in market.
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That's a lot of ways to prevent scammers fooled you. This will be useful for newbies like me in cryptocurrency technology. Hope that i will not become a victim of those scammers.
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I think bitcoin will not be made to be the national currency, national currency will remain for each country, fiat currency is the main identity of country.
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That was a great move of South Korean government to allow cryptocurrencies enter their community. This means that they trusted the butcoin technology and believe that the system has a big future in the world. Maybe one day, other countires will also decide on allowing bitcoin to enter their government.
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Still thankful that ever since i started on bitcoin community, i am not yet scammed. Hopefully i won't experience To be scammed.
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It is not that difficult, maybe others just do not seriously taking this technology that's why it's difficult for them. If they will just concentrate on learning things about this currency maybe it will become easier for them.
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Yes bitcoin will remain dominant in the digital currency technology since this is the very first cryptocurrency, this will be the base price of all cryptocurrencies.
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There is not a room of improvement for a bitcoin. The one needs improvement are those bitcoin holders. For the bitcoin to increase in value, it's holder must sell it on higher price when he bought it, in this way it will help bitcoin to increase it's market value.
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Still did not experience to receive token out of airdrops, hope this will be the first time. Wishing success for the project.
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There's still no official announcement that bitcoin will be accepted as payment by amazon. But looking forward to buy items in amazon using bitcoin as payment in every transaction. This will be such a big help for those cryptocurrency holders like us. This will be very convenient.
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