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When you want bitcoin to be regulated you haven't understood the actual idea of decentralization. Regulation will lose faith in the cryptocurrency idea.
Regulation does not effect on decentralized system. Regulation from government just for transaction in country because we still can transaction using bitcoin across the world. Regulation needed for government because government want to collect taxes Right. They cannot control or rule it because of decentralization, but they can control our operations outside the system, like buying fiat, etc. just to make us pay taxes. |
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Not ready, most countries do not understand the benefits of cryptocurrencies so they are banned without ever learning before, this is what makes the development of crypto slow down.
Agree. But the worst part is they are scared of crypto and won't learn about it because they are scared. However, they cannot stop being scared until and unless they learn more about it, but won't learn about it because they are scared... Vicious cycle... |
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Everybody will benefit from it, one way or the other; speaking of "benefiting the most," I'd say, we should get real about it: you invest more, you get better chances to benefit, but if you invest next to zero, I don't know... maybe if you have a special talent... at least, it's worth trying, anyway  Don't get discouraged. |
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Good news! Now we are slowly, but steadily moving towards the total recognition of BTC (as well as other crypto) globally. Congrats!
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Being too paranoid about such things can also be a factor to push yourself or trigger you to have too many transactions and may be a reason to lose some of your coins.
Transactions is also a scary thing to do nowadays. Addresses can be anonymous but it is quite true that it is sometimes hard to confirm if addresses are right every time you transfer. It is quite a burden too.
As an advise to this, Find the safest wallet you can get and avoid transferring too much and do not let let anyone know your most private wallet.
Yes, being too paranoid might prove to be risky as well, but a little paranoia may save your money and will always keep you ready-to-act. I mean, kind of on standby rather than having insomnia caused by too much fear |
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As an investor one thing you shouldn't engage yourself with is Predictions, if you want to be successfully in this Crypto ecosystem, you need to stay off any form of market prediction.
Here are few reasons why you shouldn't engaged with it (market/price prediction)
1. Predictions can be wrong
2. Listening to predictions makes you a speculator
3. Listening to predictions makes you an onlooker
4. Price prediction gives you nothing for today, only false hope
5. Listening to price prediction makes you think in one direction
Finally
Don’t let speculation and assumption make you decide what to do.
Thanks for your input! I like #4. "Price prediction gives you nothing for today, only false hope." This is what I believe is important to understand before making a decision: " prediction" isn't a promise or a guarantee. We'd better not confuse them. |
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Indeed, the crypto world is cruel, but if we deal with this problem calmly and wisely, surely manipulation can be overcome. Being patient is the biggest key to dealing with this problem. Stay calm and patient so that they have no chance to market.
Thanks for reassuring! That's really helpful, because being patient is easy to say, but hard to do. You know, you read the news, hear "experts" talk about it saying Bitcoin is nearly dead and that scares $(*&t out of you and you start thinking, like, "He's an expert, after all. He must know something." And then you wake up in the morning ready to sell every coin just to feel the relief... So, thanks again! I'm about to get calm again and HODL |
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Only HW wallet and it's not paranoia because the cryptos represent digital keys which might potentially get hacked.
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Here's an unbiased point of view by Sir Roderic Lyne speaking at UCL (University College London). Verdict: it's neither Russian, nor Ukrainian. It should belong to Tartars. https://www.youtube.com/watch?v=jZkAf78D9Ks |
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I agree. The video explains it all. I wish they could run it on the National TV at prime time. Just for a change Ron Paul was on National TV at prime time speaking truth to power and the spin was that "he's crazy, don't listen to him". Do not underestimate the ability of the propaganda machine to cover the truth, even if it is broadcast briefly on their networks. You're right. The propaganda machine is too powerful so it's too difficult to beat. |
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Who says "regulation = banning?" Maybe regulation is about putting things in order? I hope regulation will promote trust and development, IMHO.
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ABP - Always Be Paranoid
Totally agree. Crypto is an area where being paranoid pays |
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Nope. They seem to be okay. They've even launched their official app for iOS and Android.
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I believe they do so because it's much easier to get a "feel" of what is going on in the market.
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In broad terms, they can solve an immense variety of problems. I don't think I have enough time and space here to list all of them, but among of the most important, or KEY, problems are preventing fraud and eliminating the unnecessary intermediaries, including government, in a wide range of public and personal matters. The fewer intermediaries, the lower costs and chances of power abuse, corruption, and red tape.
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As part of your plan on not to panic in times like this when you see your investments turn red and price continues to plunge, try NOT check the price so that it will not affect your decision making or trigger your impulse selling thingking that BTC will continue to drop.If you believe in cryptos, you only buy and Hodl.
I totally agree, but it takes a helluvalot of patience sometimes, doesn't it? |
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