This has been several times that some people say about Bitcoin that will replace dollars or fiat, or crypto that will replace banks soon.
Well, actually it may be possible, but I am not sure this will be easy and will be done during these 20 years or more.
And maybe, this will not happen.
We know that dollar, other fiat, and banks are centralized, controlled and managed by not only government in each country, but more than it, by a big power behind the world bank.
And , I ma not sure that even this is a digital era, they will let Bitcoin replace fiat. We all know that today, they also crypto develop their services to fit to this digital era, more technology advanced development.
What I think is that Bitcoin will be probably used as one of the global currency, accepted by many more countries and merchants as a currency, less ban and others. But this will not replace.
Decentralized cryptocurrencies, including bitcoin, will never replace the dollar or other national currency of a developed country or replace their banking system. For something like that in El Salvador to happen, it is necessary for the state authorities to make such a decision themselves. But it should be borne in mind that El Salvador is a backward developing country that did not have its own national currency. Therefore, there bitcoin was recognized as the national currency, but did not replace the currency of the state. Well, many people like to use the actions of EI Salvador as a picture of the ability to displace the dollar or many other national currencies, force these currencies to be degraded and have to cede its place to modern electronic products but in small countries with low savings and allocation, the quantity can meet the need but for large countries, it is a hundred times more than that. In particular, bitcoin does not have a print core to print more and can only be purchased from investors and holders, currency that is not printed more will degrade a developing country and cannot open a budget to cover losses or create more value to balance the market |
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I want to know how to find airdrop or ICO project...how to check scam or real and how much profit airdrop can make...and if u have experience about airdrop or ico things can u share this exp in here:  You could actually find different threads about promising ICOs and airdrops here in the forum. It's better to look for good projects here in Bitcointalk so you'll have an idea about their legitimacy. We must know as early as possible if we're joining a trusted and legit project because, to be honest, scam projects are everywhere these days. This forum is a good place to verify the value of a project running an airdrop but such topics are not in their heyday with lively discussion, it takes a lot of days to get the comments, besides, quite a few airdrops and ICOs mentioned also get no response when people are no longer aiming for such values, current value is no longer in the point of fairness to the user, only for those with passion and hoping for good luck every year. Many hours of searching and labor on ICOs and airdrops also don't add too much of an account percentage, taking this time for investment research and bounty can sometimes increase by more percentages |
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You can make money even in just a matter of seconds but that would be risk and will be using a bit high leverage. But I think you were referring to day trading? Honestly it depends on how good you are at trading and analysis, some people could lose a lot even in day trading because of bad analysis.
Many of my friends also said that making money in day trading in just a second is possible but the risk is too high that only those with high-risk tolerance could possibly make it. Actually, I haven't tried it because I don't have yet the amount of money that I could be willing to lose in just a second but I honestly wanted to try it, not solely aiming for a high or great profit in just a second but at least I could try it and learn from it, and as a trader, it could be a great experienced. The truth is that as soon as you place a long or short order with the help of leverage, profits and losses will begin to show and convert instantly and as described, the trend is in line with the prediction that it only takes a few seconds to close the order. Maybe for us, these are games that are thrilling and don't make money very often, but for the pros with a long battle history, mostly use a lot of screens for bitcoin chart analysis, with pretty high leverage and lightning order placement, all are enough to complete their one day profit, it's really fun and worth a try but don't get addicted |
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The thing is that it is not very easy to sell your arts, so I wonder how those people managed to sell stealing art-works. Actually, there must be an interesting story behind this NFT, a famous author etc, so I don't really think that people who steal these pictures, earn anything.
I don't see any value in NFTs as art, but I do believe that they will be widely used in the future as proof of entitlement.
The theft is also just a copy and for true collectors, a copy will have absolutely no artistic or collectible value and collectors would certainly prefer to relate more to the original version, a work that comes from the author's own hands, not the hands of a thief, I don't understand why there are artists who are not confident in the original version and worry that what they create will be copied on the NFT space. NFT is just a name created to enhance value and make money, compare to actual art paintings, it's two false stories, buyers on NFT are just investors while buyers on art value are collectors, need to distinguish |
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every people have different opinion about bitcoin goal. they will say to be a great investment, or payment method, or the other extreme thing. we judge by habit, by what we do to bitcoin until now.
big adoption is main decision for me, to spread what the basic want, and people clear and use crypto for daily life. but, hard to tell to everyone, my experience just tell this to close or family.
From your sincerity, bitcoin seems to have accomplished its main goals, from payment to popularity as well as investment, a diverse and recognized talent, maybe even as many members have said, its original goals were fulfilled much earlier than scheduled, now its service is only to increase variety and spaciousness. Besides that, Bitcoin is no longer living for itself, it is living under our hope, we are the ones who are writing more goals for it and asking for it to be achieved, instead of asking such easy question, we should ask whether we have achieved our goals or not. |
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I think most of the investors gained good profit and were satisfied with gained but this depends on your holding, if you hold and sold last good price and gain profit from altcoins and don't wait to higher then you are lucky because the market is dumped after every ATH altcoin and by the ending of 2021 may be market up. So I have gained and am satisfied.
Yes, this year is a series of days beyond satisfaction and it can be absolute joy, mostly green months and only the last few months red but overall, it's too stable to have a consistent level of profit and satisfaction, even if our holdings are relatively underreported, they still provide an opportunity to cut losses and the ice that has frozen us in previous years has begun to thaw. Honestly, for those who complain of dissatisfaction, I can only say that there is no longer a suitable excuse to justify and cover up their shortcomings |
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Now, most of the project coming that is based to play to earn gaming platform and I hope in a few months gammers will be earning a good amount of crypto from playing games so this is a good idea to make money from gaming and everyone should use the gaming platform for making money.
So many gaming platforms to make money like that only create a movement to drop out of school and play games for young people, a huge source of human resources from young people are hungry for this and when the projects satisfy them, society and the economy will face more evils. Besides, except for bounty and airdrop hunters, we can see more hunters in this game, their job will be to hunt for the hottest projects and extremely exploit the monetization possibilities, newbies won't compete with them, the fact that such games are more belongs to the farmers than to the players |
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I have a friend who works in the same profession as me, during a pandemic like this the workplace situation has changed drastically, we can't expect much from our income. and since I already have investments in crypto it's not a big problem for me i still can survive rely on some of my investments for emergency situations. but for my friend not as lucky as me, but I introduced him to crypto investing last year and he began to receive profits from his investment even though it was not much, he is currently enjoying investing in memes coin although it's a little dangerous but I think as long as it makes a profit for me it's fine.
Well, the pandemic is reviving a lot of unfamiliar relationships and refreshing ways to make money, I also have a few friends who are not financially stable and came to me for help with making money in crypto and to share frankly, I refuse quite a lot because there are quite a few people who have joined before and do not respect advice, they rely on independent and conservative thinking rather than listening and maybe like your colleagues, looking for coin meme projects and very strange projects to invest. Failed quite a lot due to such kind of joins and I don't have too much patience to take care of such people |
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It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
Most of young people are always aiming for quick profits and don't want to earn more knowldege about cryptocurrency and blockchain that's why the amount of liquidated assets is much more increasing than last year, because this year there are a lot of new young investors who trade at future markets and just rely on their luck when entering trades. This is actually pretty bad for crypto image on the social, because most of the young man when they are having a loss they will post the result on their social media just like they are losing for a gamble. The most sensitive is still the period that transitions from green areas to red areas recently, lots of bad images of total account slamming from futures markets to getting split five to ten times in totally junk projects, most of them are in a depressed state with an urgent signal but the community can only sympathize and explain this very unwise action. This year there has been so much optimism that new generations have followed this inertia without a little more fundamentalism, investment and trading have since become an extremely new and even more stimulating gamblingism thanks to coin meme and a series of game projects. |
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Great to hear this kind of news as usual. They might have their own ulterior motives behind this scheme, but I am just happy that BTC adoption keeps rising slowly and steadily which is what primarily matters at the end of the day.
The payment speeds could trouble them, but the fees aren't really an issue anymore unlike ETH fees which are still horrendous currently.
It is hardly worth agreeing that Bitcoin's transaction speed and transaction fees suit everyone. But the decision to accept bitcoin as payment for goods and services is one thing, but whether there will be many who want to pay with bitcoins is another. I would like to know how often citizens will pay with bitcoins in this trading establishment in Mexico. I think there will be few of them. After all, bitcoins are mainly bought in order to have a profit some time after the growth of their price. I don't even believe in a rare case of bitcoin payment in a Mexican supermarket because bitcoin's current default function is no longer in the sense of payment, it is in the sense of future and investment, a user who owns bitcoins cannot be without such rudimentary updates and based on the theory that everyone knows what they are using, plus a greedy personality and aversion to losses, spending in the country's currency will have absolute frequency while bitcoin is kept at zero. Such a supermarket is just a marketing skill, bring noise in the community to gather consumers |
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I shared my comments about BNB that it will be 600 dollars until the 15th of November. I have a guess that he will be excited with the cryptos that football clubs have released lately. I think it could be $750 by the end of December.
In reality the market isn't moving the way you might expect, there's a correction happening now so many coins should have seen a significant drop in price as well as BNB prices, considering there are only 12 days left, so I'm not sure if this December if BNB can afford to be at $750 like you think expect. That's right, we also have to think realistically considering the current unfavorable conditions. it will be difficult for BNB to reach $750 by the end of December, what is clear is that no one here knows for sure so we'll see at the end of December The Christmas festival has come to us today and this day next week the market will move into a new phase, a season full of surprises awaits us and of course, although in the spirit of revival but the end of the year is a busy one from outside work to relationships, investments will also be temporarily postponed or need to be reviewed on an annual basis, BNB is hard to boil a new high temperature. But in general, the investment has no deadline or fixed, the project is still running stably, BNB will still acknowledge that goal as soon as it is completed from finance to personnel. |
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I used to be very active in participating in airdrop events, but after receiving the airdrop token I was very disappointed because almost all the tokens I received were worthless (shitcoins). I don't think the airdrop promotion method is really effective and maybe now it's starting to be abandoned by developers and even hunters, so why penalize by in fact the hunters are aware of the fact that they are following a worthless campaign.
Well, the fact that they have received the best punishment at this point, it's the airdrop that has become more fussy about the tasks and adds quite a bit of confirmation so that the participants don't add too many accounts, most especially as you said, hunters who work hard for a few months can hardly get a worthy compensation from the airdrop, the project no longer has the one hundred percent listing rate as it used to be. There is no resentment towards them in this regard, but also gratitude due to their hard work advertising and marketing duties at times. |
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if you are getting loss again and again. you should try to follow an expert in trading. when you follow that expert you will get a lot of knowledge. means I am saying first try to get knowledge after getting the knowledge you can invest
The problem is that he is probably listening more to the beast within himself, most of the characteristics of people who lose in trading are selfish and only listen to their hearts, an expert is only an inspired creator and cannot regulate his psyche, instead of pushing him where he has no interest and desire, he should be more conscious of controlling the beast inside. Not recognizing and mastering the beast in the depths of instinct, continued can increase its aggression and make defeat worse |
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Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Borrowing money to invest I think it's like gambling and it's really not recommended, need really mature consideration to make that decision and it's not easy for sure, investing still has risks so if we borrow money for it I think it only makes the risk bigger Borrowing with a high interest rate will certainly make us very quickly debilitated physically and mentally when the profit has not yet come, but the interest from the loan has jammed our mind and lost the mood to work every day, therefore, to avoid such mental terror, it is better to borrow at low or almost zero interest rates. And there is no need to be averse to borrowing money, investing is also one of the purposes of making the future promising, the purpose is not to borrow money to play, equating with gambling is too much subjective judgment. |
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I think it's still profitable, even the coin meme community is increasing, I invested in some coin memes such as King Shiba, Shiborg, Goma and so on, today Goma is launching a new product so that makes me optimistic to keep meme coins.
The meme community is really refreshed thanks to the activities of Dogecoin and Shiba Inu, there's no denying that this year is the year of jokers and manipulators, they are talented brainwashers and under words that are full of lies but have their artistic expression the coin meme is heavily portrayed and full of profits. However, hypnosis also has limits and conditions for regaining consciousness, with just a little more familiarity, the coin meme will no longer fool investors' calculations and as a result, this makes the meme coin unworthy to hold, in the long run, art and hypnosis become meaningless |
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Matic, BNB and SOL are indeed one of the most popular cryptocurrencies in the market. I wanted to remind you that it is one of the most important cryptos to be considered in ETH.
I agree, I'm about to add ETH too with that suggestion and you've got the good altcoins in the market. Also, if it's not yet on the list, bitcoin should also be there. People are forgetting how good it is to have bitcoin on their portfolios so that they'll have the portfolio that are likely to balance whenever the market isn't doing good. For those who think long term of course bitcoin and ethereum are the right answer, but those who want big profits in a short time must dare to buy new listed coins, of course the choice of new listed coins is very much, but we have to choose because there are too many scam projects, after target profit can be achieved then selling used for capital is a good thing. I don't understand whether the results I'm seeing are coincidence or planned but success comes to those who live with their long-term statement while losers are the ones who dare to buy and live true to their claim to risk to gain profit in the most fixed time, most of the new listings lack success rate and evaporate very quickly after flying high. Short-term when participating in new projects for multiple resultsbut for bitcoin and ethereum, the short-term doesn't seem to matter and the long-term is always right and can be ahead of the plan. |
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I think staking coins has a very big risk than storing assets in our own wallets, because when staking coins we can only wait and watch the value of our assets go up and down without being able to take any action, but if we don't staking we can fully control the assets in our wallet, if the price soars we can freely sell it, even if the price of the coin drops we can still hold it for as long as we want.
I don't know the specific rules of staking on all exchanges but as far as i know, we can still manage our assets even if staking, staking is not a fixed and forever frozen mechanism, there is still a function to cancel this process and what is lost in this event is that we waste a period of time without receiving additional interest. Besides, even if it is unmanageable, staking should be on a stable basis of the project, many people prefer high interest rates, lurking in weak projects so don't complain about staking, reasonable staking will bring very few failures and will absolutely be a great advantage |
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There is no intention to stop trading from crypto. Before deciding to trade in cryptocurrency, I already knew and considered the risks involved. Even though the risk is high, I will still maintain it. Always remember that behind a high risk there is also a high profit later. Therefore you must dare to make decisions and be consistent with those decisions.
You should know that maybe everyone before coming here has a relative consideration, so the intention to stop is just irritation and dissatisfaction with the result, it is the common action of children, new people who have not entered a society that is full of deceit between people but very quickly they will stop feeling silly, stop playing childish things and live like adults. It's too late to draw certain boundaries with trading once we've started, as soon as linked with trading is already a ghost every night and knocking on our soul's door every day, a curse |
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why bitcoin is at a high level of trust, I personally think bitcoin is the safest and most trusted asset,
Yeah no shit, bitcoin is the most trustworthy because it is the most trust asset. Probably the trust comes from being a pioneer of the technology and it was the first of it's kind to work just fine even without the supervision of it's founder. Another reason in connection to the first one is that people would likely trust anyone and anything if they have already proven themselves or itself that they can do what they say they can do. I feel that despite being a pioneer and a fairly early arrival in the form of technology but these still do not constitute a reason big enough for us to hope for a mission then entrust both fate and destiny to it, in addition, we are very proud of the ability to grow without supervision but it also shows that there is no particular roadmap for the future. All in all, technology has never been the lifeblood of bitcoin, bitcoin is worth trusting just because of what it has done from the past to the future, very pure and without any signs of deception or fiction like new technologies, a name and tagline that never fades no matter how big the earthquake here |
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