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Anytime the price of bitcoin drops, it provides us with the greatest opportunity to buy and hold huge amount of bitcoin. So you are definately right with the OP, buy more now or hodl good amount of bitcoin so you can enjoy your investment in bitcoin and the benefits that it comes with it.
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We can't certainly run out about bitcoin being manipulated by certain individuals. I believe there seems to be a lot of manipulations on the crypto market especially concerning the price of bitcoin. It is very difficult to predict when and how a manipulation of bitcoin would occur.
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Certainly, sometimes the best way to reply your critics is to remain silent on whatever their thoughts are. Am really surprise that some members of this great forum finds it very easy to comment on FUD threads.
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These are my answers in an orderly manner, firstly I invest in bitcoin because I believe bitcoin is the future currency of the world and I also believe I can make some good profits from my investment. Again I use bitcoin to trade among my peers and I believe bitcoin is heading for greatness in the near future. I hold bitcoins without thinking of the negative thoughts other people have.
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Some of the miners use solar to mine therefore they minimize their expenses on mining that makes it more profitable, Im not sure if there other way like this to mine.
Solar is a good source of energy to power the high consuming mining plants. It is for this reason that many blockchain based projects are trying to find solutions to the problems that crypto mining brings to the environment such as global warming. |
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why not, bitcoin is a potential venture to invest your money for your kids to enjoy in the near future. There are many areas that you can invest in so your children can enjoy and the world of cryptocurrency especially bitcoin is also an integral part of it. It is always good to leave a legacy for your kids so they can celebrate and be proud of you when they grow up.
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I belong to that school of thought that bitcoin is being manipulated by few individuals who have the power to do so. Although the world of blockchain is decentralized system with no particular regulator, there are some individuals who have the power to manipulate the market to their benefits.
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Honestly, I believe it would be very difficult to identify the origin of blockchain technology in the world. Satoshi Nakamoto comes to the mind of most crypto enthusiasts whenever we talk about the origin of blockchain technology since bitcoin has really made blockchain technology popular.
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Life is full of choices, some of us are still hopeful that the price of bitcoin would bounce back strongly. This is the time to take your seat and enjoy the party to the best of your knowledge. Crypto is not a bubble but the future currency of the world with a very bright future. There is no need to panic, I came to the world of bitcoin when the price of 1 btc was 1800$.
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Fees are connected with the price of bitcoin, I believe the price of bitcoin affects how transactions are made on the blockchain network and the reality is seen in how the various exchanges and bitcoin wallet operators revise their transaction fees.
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at the moment it can be regarded as it can protect us from banks but as soon as people like some that we see today wants to take the control of entire btc market than things take another level.
I believe the philosophy behind bitcoin was to give financial freedom to people so they are not exploited by the banks. The banks have really worried most individuals by charging huge sums of money as transaction fees. The dream of getting protection from the banks would become a reality when many begin to appreciate the world of cryptocurrency. |
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The world is changing and this is really the future of all currencies. I believe cryptocurrencies such as bitcoin is the future of the world and its finances, I think civic/complementary currency has similar uses except that most cryptocurrencies are mostly used in trading.
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it's impossible. as you would not try but the whales know better than what will happen on the market
There is always the perception or notion that blockchain technology is really decentralized.But the issue has always been that those with large amount of bitcoin who are affectionately known as the whales controls the market and that is the real truth. It is the wish for everyone to be signaled before any manipulation takes place but it is not an easy task to find the right channel to that effect. |
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When bitcoin sorts out its scaling issues and start running smart contracts on Rootstock it will give eth competition. Assuming it all work of course   The blockchain network can be really frustrating when transactions are delayed, it's sometimes disturbing to wait for so long for a transaction to confirm and go into completion after paying high amount of money as transaction fees or processing fees. |
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I think with bitcoin exchange rates still in a bad period, traders should immediately buy as many bitcoins as possible open up opportunities for success because they are enough to hold the asset with patience to make it happen later.
With proper legislation and regulations, I believe the banks would readily accept bitcoin for trading sooner than later. The reality is that the world of crypto and for that matter, bitcoin would surely be the future currency for all business transactions. |
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Twitter has always been exciting and fascinating. If bitcoin would gain the necessary recognition, then it is very crucial for all influential crypto enthusiasts to spread the amazing story behind bitcoin through social media platforms such as bitcoin. But I believe we should not be allowed for people with greater reputation to cause panic or FUD that would scare investors.
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because the bitcoin system is good for supporting payment transactions, now bitcoin is more appropriate and good to be used as a payment system. so this is why bitcoin can be used as one of the easiest payment systems besides money. and there are already many companies or places that provide payment systems with bitcoin.
Bitcoin is the future currency of the world and hence highly advisable for any individual or institution to accept bitcoin as an essential currency for all business transactions. Bitcoin would always be the best digital currency in the world so everyone should join this amazing world of bitcoin in order to be part of a brighter future of digital currency. |
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The simplest explanation would be based on the principle of demand and supply. It is always surprising to see people complaining about the scarcity of bitcoin on the crypto market. Personally, I think the amount of circulating satoshies is too much, maybe a lesser amount could even suffice. People confuse themselves whenever there is a less amount of circulating bitcoin on the crypto market.
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I think if you embrace when the price of cryptocurrency is going up and being high then it will make you lose because you should go in and embrace cryptocurrency when the price is low and when the price of cryptocurrency falls.
It is always a delight to see people embracing the world of cryptocurrency. The future of the world certainly lies in blockchain technology where cryptocurrencies would play a very crucial role. Hence, the earlier the higher institutions in authority embraces this amazing world, the greater chance of them enjoying in the near future. |
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If you know about blockchain then you will know it is not fraudulent. Because of its nature is decentralized. No one will control the algorithms.
There are so many fraudulent activities that is happening in the world of cryptocurrencies. We need to be cautious about the kind of activities that we can engage ourselves in so we don't fall victim to activities of scammers. We can be vigilante by following the security tips that are given in the form of publications by well experienced crypto enthusiasts. |
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