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Bitcoin and other virtual currencies, in my opinion, are creating a "seismic shock" over the past years with yields surpassing stocks, bonds, foreign exchange, gold and most of the other inflows. Bitcoin prices have increased several times since the beginning of the year. One of the common reasons that Bitcoin became so popular is that it can be moved very quickly and quite anonymously, because transactions No need to be associated with a fixed information. Moreover, the demand for Bitcoins and virtual currencies has increased, after several countries and financial institutions have taken some measures to increase their legitimacy.
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To me, like blockchain technology, Bitcoin will last forever. The development of pre-encrypted businesses in law-created areas is on the rise and it will continue to grow. In the next few years, countries such as Malta, Germany, Canada and some other countries with flexible stances on the issue will become the shelter of millions of blockchain and pre-codec companies, while states There are harsh laws that will be left behind in the reform process.
Currently, according to forecast coin rates, the fever continues to occur as the bears are dominating the market. No one knows how low the price may be, but it is certain that the Bitcoin will last forever, never disappears.
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You know, Nigeria has issued warnings against some of its former digital currency, including Bitcoin. I think that in Nigeria bitcoin as well as other digital coins such as: Bitcoin, Ripples, Monero, Litecoin, dogecoin, Onecoin, is not legal, so any bank or organization makes such virtual transactions may be at risk.
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I would prefer not using bitcoin for school payment if I could do it with fiat, but I think it's actually good for the curency to have this option
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I don't think you should complain about such things like that. Instead of wasting time caring about people against what you trust, just ignore them and focus on your investment. Everyone has their own faith and view. While you predict Bitcoin will go up again and Bitcoin holders will make a killing, others find the opportunity cost big, are not sure of the future, and don't want to live with anxiety any more. Just do what you want and good luck!
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No guy. Bitcoin isn't monopolistic. Just because it's the most popular doesn't mean it's doing monopoly business in cryptomarket. Owing to Bitcoin's superiority, it has earned more trust from traders and merchants, and accordingly, has big percentage of market capital. Monopoly, different from Bitcoin's case, happens when a person or enterprise is the only supplier in the market.
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In the past year, Bitcoin really became a hot topic, attracting the attention of governments, large investment funds, and ordinary workers. Since the beginning of the year, Bitcoin has more than 20 times soared with each passing speed faster than before. After each new peak, economists warn about the future of Bitcoin. But the unexpected growth of the currency has created many surprises and makes economic experts have difficulty in predicting the future of this currency.
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I suppose they're unaware of what Bitcoin is and what Ponzi scheme is and just follow the bad rummors about Bitcoin.
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I have been here for long time so I find that there are a lot of people that were trying to scam people and giving misconceptions about cryptocurrencies and blockchain, so you should look for more information in detail about a certain cryptocurrency.
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