I don't think so. Because it does not work. Let's assume they are buying bitcoin from the whales. Then whales can easily pump the remaining coins even if the number of them is very low. For example they can rise 1 satoshi go 1 dollar. And what about the other coins and the coins that will generated in future? They can be also pumped.
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There is no game for me. I am not playing with my bitcoins. I am holding them for long term. Those who don't believe might call it a game or a gamble or something like that.
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bitcoin is not completely anonymous. its blockchain is public... more agencies take track of bitcoin transactions. government bans cryptos for other reasons...
Only the addresses are public. Those addresses are only a combination of number and characters. The buyers and sellers are anonymous.
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We complain. Because we thought money can be earned easily. We expected to buy bitcoin and become rich fast. But earning money needs patience and hard work.
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Some people think that bifcoin does not being anything. I ask them to describe what is fiat bringing? That is just a paper. But it is accepted. If bitcoin is officially accepted, everything will be fine.
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What is happening in many of ICOs, is not good for cryptocurrencies reputation. But this is not the the reason of bitcoin price fall. I am sure whales are manipulating the market. They increased the price to 20000. That was not healthy. And this dump is also unhealthy. But the reason is not ICOs.
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Yes you are correct but Crypto is the next currency that will be accepted worldwide, anyone with foresight should begin to invest now before it gets too expensive..
Yes, bitcoin can be the next currency. But no one can guarantee this and investing in cryptocuurencies is always risky. No one knows what will happen in future.
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for loss recovery usually I will add funds to buy the coin that suffered the loss earlier with a cheaper price again so when it rises a little at least it can cover the losses felt
You are gambling. What if the price falls several times and finally you don't have money to buy the coins? What will you do?
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When your tokens are in your wallet, you are the only owner of that tokens. No one else can control them. No one can force you. Also, I don't think there is any illegal issue. You are not doing something illegal. You have bought the tokens when you were allowed to.
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If you search about the future of bitcoin in google now, you will find many different opinions about the future of it. They are completely different. An analyzer believe that bitcoin will be a global currency and another one thinks quite the opposite. We just should wait to see the future. Don't pay attention to what people say.
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I don't think selling bitcoin is a stupid decision. But panic selling is stupid decision. People should sometimes cash out some amounts of their profit for what they need in their life.
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All currencies are backed and regulated by some king of central authority/bank.
BTC is decentralized, not regulated. If we want to keep it that way, it will never be a currency, only a digital assets.
Despite of what you mentioned, I won't be surprised if not go in become a global currency. I don't mean it will replace current payment system. But it can play an important rule in payments.
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Bitcoin can be always used without approval of the governments. It's decentralized and no authority control it. But, approval from f the governments is needs to have a more healthy market. It is also needed for being used as an official payment system.
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Right now, I feel a lot depression and bad feelings about bitcoin in the market. It seems that people loosing patience and giving up from bitcoin. I don't think it's good idea to sell bitcoin now, at such low price. When you check btc history, you can see that bitcoin already was a few times in the same situation and recovered every time. So, I think that the same scenario will happen again.
If you think the price will recover, so why do you have a bad feeling? Take the advantage of current low prices, buy some more coins and have good feeling instead of that bad bad feeling.
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Everything causes blockchain and its biggest product which is bitcoin to become more popular can affect the market in a good way.
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
I think many people are happy to heared that news that bitcoin will go under regulation because it help to keep safe the investment and help also limit the fluctuation value of a certain cryptocurrency. I don't think many people think in this way. Because most of them are involved in the cryptocurrencies because of their volatility. If the price is controlled, they will lose their interest.
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If the government issues bitcoin restrictions in your country then you will be in danger. In this case, you should go to a country where Bitcoin has been approved. Collect money through trusted friends from all countries where Bitcoin is present or in the world.
Move to another country? I don't think it's easy for all the people. There are always many ways to use Cryptocurrencies as they are decentralized. The only think is needed in Internet.
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Honestly, I don't understand what you mean. Do you mean, with the existence of debit cards, we don't need bitcoin? If yes, you are wrong. Bitcoin is completely different. Debit cards are working centralized.
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Seems that it is going to happen. Now the Bitcoin dominance has been dropped. I know that the number of altcoins has been also increased. But the price of some altcoins at BTC is rising fast and it cannot be ignored.
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Problems regarding their coin profit from campaigns should be tackled by the campaign manager. The number of participants and distribution of the coins is handled by them therefore the managers should be more careful in awarding profits. Everybody is paid by their weekly work which make the job a manager hard. If you think you have less than what you deserve then you can always approach the manager and the spreedsheet to track your status every week.
Yes, a good manager can help the participants to get their reward as they deserve. But in some of campaigns the manager is also gotten scammed. And as the tokens are held by the team, the manger can do nothing and shouldn't be blamed.
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