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If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
BENEFITS ASSOCIATED WITH BITCOIN 1. Bitcoin’s most important characteristic, and the thing that makes it different to conventional money/normal currencies, is that it is decentralized. No single institution controls the bitcoin network. That means that, in theory, one central authority can’t tinker with monetary policy and cause a meltdown. 2. Those who endorse this digital currency are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. 3. With Bitcoin you don’t have the problem of inflation because the system is designed to make Bitcoins to be finite as only about 21 milion Bitcoins will ever be released (mined). 4. It’s a re-imagining of international finance, something that breaks down barriers between countries and frees currency from the control of federal governments. |
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There are a lot of people who think that governments eventually will move from using FIAT to
using crypto like we all follow and like here on the forum, but it wont happen because it is totally
out of their control.
Governments will move from FIAT to their own centrally controlled digital currency and yeas that
will come with the government controlled "track and trace" system we dont like.
Governments won't move to using cryptocurrencies. But it is still possible that people will move to using cryptocurrencies and fiat will just have a role in taxation and other government aspects. That is still a long, long time away,in my opinion. That's right. Governments won't move to using cryptocurrencies. I agree with comment of you. |
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I guess that by "now" you mean yesterday.Every time is the best time to enter in bitcoin.
The price crash is over,but the price is again under 4000 USD.That doesn`t matter anyway.
I see many threads asking "should i buy now" posted by newbies,but you are a Sr.member,you should have more experience here.If you have money and want to buy,just buy ,don`t ask.
Don`t seek advices about what to do your own money.
I think this answer I need. I very like answer of you |
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i will continue doing what i always do during dips or down times like these. i try choosing the bottom of the dip and start buying bitcoin there at a discount. for example right now $7000 is a good buy price for me but also i have placed buy orders at lower prices such as $6800 and $6500 although i have no faith in them being filled ever.
and also at the same time i am trading shitcoins with small prices that get pumped from time to time.
This is the best answer, I have the same opinion with you. |
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Bitcoin makes global payroll much easier, global investments possible where they were not, it’s just that the relative yield of investing in anything else has been negative.
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This number will be shrinked and a a cố định threshold which ~ 6.000 will start a primary return. I believe this.
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Personally, this is the thing that never happens.
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Anyway, back on point: economies drive towards greater efficiency, so it makes sense to have a global, digital only currency. The biggest issue, which Bitcoin started to solve, is that it’s nearly impossible to control the supply of digital money. The very thing that makes it easy to use and efficient is also the very thing that makes it easy to replicate and abuse.
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I think USD and bitcoin have a relationship. So if the USD has a problem then the bitcoin will also show signs of change
I agree with you. USD and BTC have a relationship |
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This bootstrapping process has achieved something that most people—including me—would have thought was impossible a decade ago: a valuable currency that's neither backed by a commodity like gold or silver, nor by a powerful institution like a government or bank. On one level, bitcoin's value is rising simply because more and more people are betting that its value will continue to go up over time. The question, of course, is whether they're right about that.
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Altcoin is a very important profit you need to choose the right time to buy a new business is profitable.
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Bitcoin surges to $8500. is it ready for a bull run? what can we expect at the end of this year?
Bitcoin is getting stronger, prices are rising from July 20 to present. Hopefully by the end of 2018 bitcoin will reach $ 25,000 |
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Over the last year, network congestion and skyrocketing fees have alienated businesses that used to have BTC as their payment method of choice. As a result, merchants who used to accept purely BTC were forced to add other cryptocurrencies to their payment options, with some completely dropping BTC altogether. In fact, even the black market on the dark net—one of Bitcoin’s earliest fans, have ditched BTC in favor of more functional cryptocurrencies, like Dash and Litecoin.
Bitcoin does have its obvious limits. And it is this lack of flexibility that had users wanting more, and pushed Ethereum into birth in the first place, with more new blockchains emerging shortly after. Stellar, Ripple, Dash—the list of newer blockchains goes on and will continue to grow longer as private blockchains add even more to the mix. This is absolutely true, but I guess all people want to change something in blockchain and other people only want to gain a lot of money from it by making many useless coins. I agree with think of you! |
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Until now, the surge in cryptocurrency markets has been a sideshow to the financial markets or the real economy. Prices have gone up a lot for bitcoin and other cryptocurrencies.
1. Increase economic income by cryptocurrency?
2. The Cryptocurrency Market and How it Influences Our Economy?
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What do you think?
Until now, it's been easy to scoff at the cryptocurrency boom, or ignore it if you weren't interested. But as the rally has spread from bitcoin to other coins, from those other coins to companies touting links to cryptocurrencies, and potentially soon those companies bidding for resources in the real economy, we're going to see cryptocurrencies impact the real economy. |
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I do not expect bitcoin to cost $ 30k, which I believe will cost $ 30k by the end of 2018.  |
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One reason why this might happen is because of the nature of how cryptocurrencies work. This is the one I would bet on the most. There are about million factors that can affect the value of bitcoin (or any other altcoin for that matter), and these drops are something that was only natural and expected, especially now that the market is flooded with more investors than ever.
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I expect more from bitcoin at the end of 2018, just like you guys above said. I am very hopeful of this change. If you can give me the $ 30k price
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It is the thought of each person, there are two types of wealth: 1. Wealth through money 2. Have family affection and love. For myself, every thing is needed. I am rich thanks to cryptocurrencies, but still very important family affection and love. Personal opinion! |
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Bitcoin is a well-balanced market for everyone if everyone has the knowledge and equipment they need before buying Bitcoins. Bitcoin is fair and profitable.  Personal opinion |
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Bitcoin has fallen sharply in recent days, but I believe bitcoin will rebound in late 2018.
Let's hope you.
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