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So far it seems a very nice project with a low supply that makes it interesting to mining, buying and hold!!
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Before heading into something ppl always need to study a little, specially history. Those who are panic selling are those who never looked at market histories, didn't study anything and just entered probably because they have heard about something that was giving money. Well, even the stock markets had crashes and recovered and more, it's not the first crash btc had either and it went way higher again.
People just need to stop getting into stuff without thinking first.
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Blockchain Technology is a Great Technology We all know about it We know that in which field it can work What do you all think about it for a student Technology will prove to be a good career
Atm it already is a good choice as eveyday more and more companies all around the world are starting to adopt the tech. Blockchain by itself it's not restricted to btc and can bring alot of good valuable to a company. So i would say it is and it will be a good choice to start a career. |
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Well, what you do if you find a fiat pyramid scheme or a ponzi one. Prob you will warn everyone you know to not invest and stay away from it. Here you need to do the same.
The people need to be educated to not go into these schemes and with an effort from those reporting the schemes they found eventually it will stagnate.
There is nothing much the authorities can do, since most of the time (like 98%) the person behind the scheme it's not known.
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Well that would be almost impossible, as the less btc would be available to buy, the more valuable it would be. But imagine what would happen if a one could eventually buy the 100% supply? i think, in my honest opinion that it would then drop to nearly zero value.
No more pair to make with btc in trading as there were no more circulating supply, the entire community would eventually move to another coin and make that coin the strong traiding pair. The puersue for btc would eventually stop because you would know that even if you buy back 10 or 20 or 30% of there would always be one guy with more than 51% that could make the price as he want.
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if you are considering it as a national treasure, no it can't be. In order to be a national treasure it has to belong to a nation or a if i'm not mistaken a group of nations it can also be. Bitcoin does not belong to anywhere but instead to everywhere and everyone who has any portion of it. As for a national asset, well, that can be done yes. Actually there is a small principality that has BTC as his current coin https://en.wikipedia.org/wiki/Principality_of_Pontinha |
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when we see the situation of bitcoin prices that are constantly falling, what can you do? is it only enough to read articles about information only. ask for instructions and suggestions. Thank you for the time.
regards
indoagung
Well, dont sell with emotions, read, analyse and think about it first. It's true that btc has been falling, part due to the SEC decision at this moment, but that is something that happens even fiat currency. Look at Turkish Lire for example. If you have a defined strategy, try to stick to it, don't panic sell just cause it's falling (unless that is you're strategy). And if you look closer to this, even it all those drops, big companies around the world such as financial ones ( banks), power companies, tech companies etc, all didn't stop the projects and investments in the blockchain and crypto adoption. |
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I'm a full hodler. And if i see a good opportunity (in other words, if i have fiat available) i still buy some in those falls to accumulate.
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Well, in my county government is starting to accept all the blockchain world and start to understand and accepting the crypto world. They have not accepted (but for that matter didn't forbidden either) btc, but they started a blockchain project with their own coin. National companies such as your electricity one are starting to embrace blockchain as well.
Maybe who knows if some countries start to use successfully other will follow.
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Honestly i think mining will continue. Lot's of big farmers are already in total profit, and lots of them without any or almost with any electricity costs. It would be needed BTC to make a huge drop, probably to bellow 100 bucks or something, and even that...
Now there are several possibilities, since btc still is the strongest coin and leads the fluctuations of other coins, if all the other coins drops 2 and any of them takes the lead to become the primary trading pair, ppl would still continue to mine btc. If any other takes the lead, even there ppl wold continue mining as it will take a long path for btc to stop being one of the strongest coins.
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Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.
I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?
You can get a interest of 10% per year over the amount? Where i live for what i seen latelly u can only get around 4% max and its deposits with some restrictions. It quite depends on how secure you want the deposit to be. The investment in crypto can be very volaltile, on a side you can get like alot of %, on the other hand you can end the year in alot of loss. In the bank, unless the bank goes solvent, you dont havr that problem. Lower but more secure profits. |
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Great team doing a very nice job. Waiting for a bright future with this one.
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Newbies can be a problem just because they might bring the wrong info to other newbies and that can be like a spreading cancer.
But that works for almost anything. A newbie without the min knowledge can spread the wrong stuff at any matter.
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If they invest money they are willing and can lose they are as foolish as investing in a normal stock market, as that stock can also lose.
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I don't keep my coins in cold storage but i keep secure all my private keys and all the wallets on my normal day use laptop are secure with password, plus the ones staking are in my other computer at home secure and away. Don't have any private key on sight and backed everything up. Not 100% secure but 90% i would say. |
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Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
Well that is in fact possible, but i don't see that happening...the market simply don't get bored of bitcoin. It has to happen something against it to change completely to another coin. If an alt can be as valuable in value and market cap and volume as btc, that is possible, but btc it's the principal trading pair, hard to compete with that. |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I agree that when you panic sell you totally are contributing for a dump and a lower of the price. The market suffered some needed corrections. Not really a dump, it was a fight between bulls and bears, but wasent actually a dump. Now saying that a dump is an attack to the blockchain tech, i can't agree with that. The crypto is a part of the blockchain tech, but the blockchain itself goes way ahead the cryptos and the coins. Actually, dumping or buying you are contribute to the blockchain tech of that coin. |
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Well, if you have the money, buy on dips. If you have the money, patience and knowledge, go for trading, if you are like me, try to grab some good projects that are growing with good communities and good teams and get involved and invest before they start to raise the value.
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It really doesn't matter what wallet in hold the coins. You hold you're coins in a block references in the blockchain. As long as you hold you're private keys, you can access it from any wallet.
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As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
Well, no i don't and for the simply fact that atm i don't own any bitcoin, i'm all into other coins. Yet i've used before to buy stuff and make payments. |
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