What is mining you probably know again, I ask how long will it take to earn a bitcoin. Mistake of all beginners is that they think that bitcoins fall from the sky and they only need to collect in the bag. It is not so. You need to invest a lot of money and maybe in a year your dream will come true.
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After August 1, all those who were afraid that date will come back to bitcoin and it will provoke a sharp rise in prices. I think already 2-3 August the price will be $ 3,000. Then there will be growth and a small setback. Until the end of August will be $ 3500 for sure.
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Why bitcoin can not replace paper money? Now the difference lies only in the fact that not everywhere can buy goods with bitcoins and we will have to exchange it for Fiat. If bitcoin is a desirable currency for sellers, we quickly forget about Fiat.
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And that's good? On the contrary, people go to work in Internet to earn and not pay taxes. Do you think that the government wants to legalize bitcoin to facilitate the use of this currency? Lol. They want to impose us the tribute even on the Internet. Why do we need such legalization?
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I like bitcon because it gives people in the hands of the mechanism of influence on politicians and government. Now we have the opportunity to vote taxes. If I don't trust the government I earn on the Internet and do not give any penalties. Let them come up with conditions under which it will be profitable to work officially.
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Bitcoin will not lose its value because it is not just crypto currency. Bitcoin is ideas national economy. Which is not subject to the government and people can do without it. This will force the government to provide people with competitive conditions in the real economy or to leave.
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I am opposed to talking only about unemployment. Bitcoin is a revolution in the economy. Anyone can find a niche for earnings. It seems to me that bitcoin has more value for the world than successful expedition to Mars.
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If the money is needed to purchase any of the goods it makes sense to sell now because of possible reasonable interruptions in completing transactions after August 1. But if you have no need to purchase it now, it makes sense to keep your bitcoins very soon after August 1, you will receive a good income.
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So I remain loyal to bitcoin, and not amenable to any panic. Any panic is stress to the body and it causes people to make mistakes. I guess the money did not return, but treat this not as loss but as gain experience for the money. Perhaps this experience will help to save your money in the future.
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It is very difficult to resist the temptation if the income from trading crypto currencies on the exchange far exceeds the income from the main job. Probably everyone has to decide for himself. Well of course if you have the opportunity to combine, but if this is not possible.
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I have not heard. Now you can do something to prohibit? Many use VPN, Proxy, tor browser. How will they monitor such a ban? Russia already prohibits in its territory the VPN but it will not bring the desired result. It remains only to wait when will begin to ban the use of the Internet. Maybe the Russians and the Chinese too much talk with Kim Jong UN? They're your neighbors.
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I also do not understand what he wanted to ask. Look at the market. The price of a few drops and immediately comes back in place. This means that the whales do not want to lose their bitcoins. To destabilize the market they put it up for auction a large number of coins and redeem them. Shear alarmists. This is a sure sign that after August 1 there will be nothing and we will see a sharp rise in prices.
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I don't understand why so much ADO about nothing. We have long been accustomed to such jumps. Now the price is the same as it was in may, June to panic. The price depends on the demand. The less you fear the higher the price. Is that why all the alarmists to shut up finally?
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We cant just print as much dollars as we want. Every bank note should be backed up with corresponding gold value. If you'll print more notes than the number of gold reserves, the value of the note would depreciate and may lost their value. Dollar without back up gold reserves would be just an ordinary paper. It has happened before when a country had printed more money than their gold reserves and their economy crashed. It was called "mickey mouse money" if im not mistaken. Lol! News for you that the dollar is not provided by gold for a long time! It's a well known fact. You can be certain of. America does not accept dollars printed until 1926. This is not because the current banknotes are better protected against counterfeiting. This is because those notes says that they are provided with gold and diamonds.
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Volatility will cease only when bitcoin becomes a real means of payment. Most users use bitcoin for investment and wait for it to rise in price. This was successfully used by whales. If the bitcoin will be used for purchases, the proportion of whales in the market will be reduced and they will not be able to exert such influence on prices.
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Many people do not have the patience to wait for the funds. May really need to consider the acceleration of transfers to impatient people cherished their nerves.
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The popularity of bitcoin is growing is true, but that's not a guarantee that bitcoin price will grow steadily. When your earnings in bitcoins the growth rates is not a problem, but when you need to buy bitcoin for Fiat, you just might not have that amount of money and it can stop the growth of prices.
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Bitcoin is only a secondary earnings. The main work requires the continuous improvement of qualities and guaranteed she will accompany the person throughout his whole life. The future of crypto currency is still hazy and so I don't suggest to use bitcoin as their main job.
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It seems to me that an indirect link bitcoin with gold is. Many people have chosen bitcoin as an alternative to the U.S. dollar. Previously, if you don't trust the dollar you had to choose gold. Now this feature was touched on bitcoin and it stopped the rampant growth of gold prices.
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Bitcoin has proved a very strong currency. Bitcoin has a great reputation. Bitcoin is known for being the first, the easiest to get, and the widest acceptance. I think the user or bitcoin finder is increasing and more widespread to the whole world now.
Bikain not such a strong currency as you say. The degree of strength of the currency is exchange rate stability and predictability. This does not apply to bitcoin. The popularity of bitcoin is also not very high. You force events. Bitcoin is the most expensive and most promising currency.
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