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it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.
Maybe now is the best time to invest in Bitcoin. It's below $40K since the beginning of the year. |
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Couldn't agree more. I started investing in crypto with buying crypto on $20 every week.
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A person who could generate a whole Bitcoin should be too smart to believe in possibilities of getting free money.
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Institutional investors consider Bitcoin as a speculative asset, unlike ordinary people they don't care about the mass adoption.
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I think Satoshi Nakamoto is a community name, not a person. When you look at Bitcoin, you will see that it is impossible for a person to establish such a perfect financial system on his own. This group also made the first bitcoin mining and got rich and kept their hands off this business.
Bitcoin wasn't so unique invention. The first digital cash technologies were developed in 1980s. If Adam Back could invent Hashcash alone, why Sathoshi couldn't? |
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Blockchain isn't the perfect technology. It has some drawback like scalability problem, high energy consumption, high cost and etc. These disadvantages slower the process of the mass adoption.
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Of cause it can help in a short term just like it was in Colorado or Washington. There are numerous economic benefits of legalizing cannabis: increased tax revenues, job growth, and investment opportunities.
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The government is going neither kill Bitcoin, nor protect it. Bitcoin is decentralized and uncontrolled, that's why none government is able to stop it.
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How are they going to conttrol Bitcoin? If a person sends sats from one wallet to another one, how will the government investigate it?
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It depends on how many bitcoins you have now. Anyway you will have to cashout your coins. Cryptocurrency solely can't save the economy, but it can show us the new path.
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I'm sorry for your loss. Of cause, you should explain his parents what is Bitcoin and how it works. It's very important and they will be interested to know more about their son's hobby, no matter how many coins he owned.
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Well, people finally realized that blockchain is more than the technology behind bitcoin.
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This is a tragic story. Of cause, $730k is a big sum, but in this case I may suppose the guy had a king of gambling addiction.
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No, fiat is fiat, digital currency is completely different thing. Both types of money have no intrinsic value. Maybe it's their only common feature.
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Well, but I still have no idea about how anti-racism movement effects Bitcoin.
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Satoshi couldn't think of all aspects of Bitcoin's future and he had no intention to create Bitcoin for replacing all form of money. Bitcoin scarcity makes it worthy, so miners are interested in it and won't leave one day. No one can't guess what happens in a century. It's too early to draw any conclusions about the future of system after the last block will be mined.
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Binance is the most popular exchange. It's not the only one. You can try Coinbase or Coinmama, and don't you mind about P2P selling like LocalBitcoins offers. What's about Tether? I cashed out it via Coinswith again.
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I really worry about the influence of Coronavirus outbreak on our economy. I am afraid economy won't recover soon after such fall. Small businesses were affected and the most.
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Because goverments wants to regulate it, not to stop it
Some government are trying to ban cryptocurrencies, it proves that they want to stop it, but they are unable to do it. |
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No, the government believes that $1,200 on a person is enough to prevent upcoming collapse.
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