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In most of the countries, bitcoin is not accepted as a payment. But it's not illegal. Bitcoin is now growing because the community expect it to become a common currency in future. This demand and also increase of its popularity, causes the grow to continue. Even if bitcoin doesn't become a common currency it will continue to grow as a commodity.
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I don't think this type of thing is that at any angle. Dark web is much more horror and scary then you can even imagine and they already used cryptocurrency like Bitcoin for 90% of the transactions and it is not new they are using it from the starting of 2010. We cannot stop it and it does not make cryptocurrencies Dangerous. Imagine if I give a candy to a boy and tell him to do something then it does not makes that candy dangerous instead of that the people a person who has told the boy to do something is dangerous.
Candy was a good example. Everything has its own advantages and disadvantages. Internet, mobile phone, televisions and all the inventions has some disadvantages too. |
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What are the best strategies to void of being tracked? Is there any service or behavior you should use?
As long as you have not filled a KYC from, you are anonymous. For some services your identity must be verified. You shouldn't use them. If you only want the amount of coins be unknown, create new addresses. You can use several addresses. |
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I don't think countries all over the world will end up in an agreement. They cannot even get together to decide what to do with global warming or if global warming is even real or just a hoax to push a certain agenda.
It's basically impossible to have a "global money laundering standard". There will always be countries that will have their own view on their jurisdiction and unless the bigger countries want to bully them into accepting them (which is not good for a countrie's rep) there will be places were bitcoin owners aren't treated as criminals by default.
I also think there will be no global rule for bitcoin. There will be some countries don't implement the standards. Those country will be blacklisted and peoples from those countries might have some troubles when they want to make transactions. |
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I don't think there is a competition between bitcoin and altcoins. Every legit cryptocurrency has its own purpose. Even if a coin is supposed to replace bitcoin, it's not bad. It can only replace bitcoin if it's better than bitcoin.
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Bitcoin is growing stronger, lets forget about the red on the market. WE WILL SEE GREEN SOON AND IT WILL BE ALL SMILES.
this is exactly why the price is not rising yet. it is because all you care about is that fiat you so love and want to increase. you talk about bitcoin's adoption as a currency, you talk about the technology,... but in the end all you care about is profit on your fiat. and that is why price doesn't rise because if you believed in what you said here then you would have been spending bitcoin, encouraging businesses to accept bitcoin all around you,... instead you are waiting for a rise to sell your bags and be rich. It's normal. As fiat value is always fixed and bitcoin is so volatile, people prefer to cash out their profit. Also, people need fiat for buying things they want. |
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I am sure if bitcoin is globally adopted, all the people will be able to use it. They have to use it and will try to learn it.
Credit cards and debit cards are now used by almost all the people. When credit card had been created recently, it was something new. But now it's something ordinary.
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Since bitcoin has been created, its price has risen very much. The innovative idea behind bitcoin and other cryptocurrencies attracted many people. For rising 1000 times more, many things must changed.
First bitcoin must completely accepted by the governments. Bitcoin must reach its main purpose. It means making a payment using bitcoin must be available every where. In other words, bitcoin must become the first currency in the world.
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Impossible bitcoin no needed the bank, how to withdraw and make bitcoin become cash money without have bank ? we always need bank to withdraw or deposit bitcoin to our account, without the bank we can’t and never could make withdrawal.
What are you saying? If bitcoin becomes a global currency and accepted every where, why should you cash out your bitcoins? You will buy every thing you want using bitcoin. |
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The world is always changing. New technologies are always replacing traditional systems. It's natural.
New things usually aren't accept first. But they are finally accepted. Cryptocurrencies are the same. They will be finally accepted.
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Bitcoiners believe that Bitcoin will replace gold as the world's store of value, but we still have long way to go, Bitcoin community is small to achieve something like that, however, many companies work on facilitate the buying of Bitcoin and other crypto currencies.
I don't think bitcoin is supposed to replace gold. In my opinion, both bitcoin and gold can be store of value at the same time. Gold will be always valuable. Bitcoin's supply is limited, if the purpose of bitcoin which is become a payment system is reached, bitcoin will be a store value same as gold. The market capitalization of bitcoin might surpass the total value of all golds around the world. But gold will be always an interesting option for investors. |
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Bitcoin has not created for such purposes. Bitcoin was created to remove third body in the payments and also make the payment easier and and more secure. But You might right. Bitcoin limited supply has caused it to become a store of value and that's why many people try to have some for future. Bit coin market capitalization might reach gold market in the long term. As charts and price changes over the time show, it's completely possible.
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You are right. New cryptocurrencies are released day by day. But I don't think it's a big problem. Because only a few of them can be successful.
Coinmarketcap has been listed about 2000 cryptocurrencies. But most of them must be ignored. Most of them are not traded. Most of them are completely unknown.
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Generally, you are true. Cryptocurrencies should remain decentralized and anonymous.
I am sure most of the people want Cryptocurrencies to remain decentralized and without any regulation.
Some people think regulations can help the market to be more secure and they might be right. Because without regulations, I don't think governments allow Cryptocurrencies become a payment system in shops and for every sell and buy.
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Selling coins after a 20% profit is what some traders are always doing and it's not something new. Only professional people can be successful in trading. Holding the coins is still some people prefer to do it.
No one knows what will happen. Prices might start to rise suddenly and holders receive their profit too.
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One step that can be done by the Bank is to allow Bitcoin transactions on condition that they have to be registered on a special platform. Later the patform must be accompanied by a central bank permit.
This means that all bitcoin transactions must be recorded by regulators, now there are many illegal bitcoin transactions without permission and without supervision from regulators.
Banks have no control over bitcoin transactions. They can only create a wallet and want people to use that wallet for sending their coins. But it will be always possible to access to the blockchain using other wallets. They cannot force people to use their platform. They cannot stop the transactions that are made without using their platform. |
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this is the great news for iran and uzbekistan. as they are consider as third world country. they are mainly suffering for currency if they leaglize the crypto currency mainly bitcoin . a positive change will happend on their currency.
How can bitcoin make their currency more valuable? I don't think it is related. The value of a currency is determined by the demand for it. How can bitcoin increase the demand? |
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The team behind market manipulation is our own. Because we are the main actors who trade and investment which clearly are things that greatly affect the ups and downs of the market. I think we as users also have to be wise to do business in the crypto world in a good and not dirty way.
No, the number of people who are able to manipulate the prices is very few. Most of the people have a few number of coins compared to the whales. You are right that we can affect the market. But that happens if many of the holders buy or sell simultaneously. |
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It’s true that using bitcoin is legal in Uzbekistan and Iran recently. This is a great step taken by the Uzbekistan and Iran government for their people. Now they will be able to develop their economic condition also.
The economic will not be improved by such decisions. Bitcoin is just a system which can be used for payments in the best case if we don't consider it as an investment. |
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First, I will introduce the blockchain technology. I will talk about the decentralization. Then I will tell them how blockchain technology and decentralization can be used in a payment system.
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