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It's madness but at the same time is admirable because bitcoin is known for it's volatility and I don't think that investing it in an all-in isn't the right thing because you never know what's going to happen next.
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We never really lose this kind of thread praising bitcoin even though it's all the same, I mean there's no way you can describe bitcoin as something bad so most of the people who do this kind of thread are spewing the same thing.
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That's just deplorable, no matter how opposed you are, destruction of property and a public one at that is not the way to deliver your message, remember that the more you do this kind of stuff and disguise it as a way to send message, then you're just digging your own grave because you can't bring the point across if you deliver it in violence.
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Through mass promotion from advertising agencies and false promise and big smiles, look at Bitconnect and One Coin, they were able to make something that's altogether fishy into something that's totally legitimate. Charisma is the biggest factor in this one too as you can't be quivering when you're asked of really pressing questions.
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Well, there's one way for them to not go out of business, which is adopting cryptocurrency as a payment option because if the people sees how convenient it is to use crypto payments than the traditional then that's the time when they're getting lleft behind.
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I don't know about that but I don't think that SEC will have their way in all of this, crypto will persist and it's difficult for them to pull strings behind the back on this one because people will notice.
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I have a really good portfolio already so I guess I am pretty much protected from the volatility of the market and I have some money to help me accumulate more in the case when the market isn't doing good.
Good for you that you already have a beefy portfolio, I am on the way to making mine like yours but I am sure it's probably much bigger and I might take a long time before becoming like yours but even though it's that way, I don't worry too much as long as I have a long-term mindset, I won't have any problem with the volatility. |
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We don't know and I don't think it's for the better if the prices stabilized, if it does then not everyone can easily invest since the prices aren't as volatile and not everyone can easily sell since they can't easily get in.
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@Woodie, @SFR10. I reckon this is why there are mixing services. They are tools to preserve privacy for all tranparent blockchain transactions similar to bitcoin.
In any case, government only wants control and their share through what they can tax in the cryptospace. They will again use for public protection as the argument for regulation. It always fear they use hehe.
Isn't crypto not taxable because a lot of my friends tell me that because there was a trend in my country on blockchain games that lead to many speculating that soon it's going to be taxed and so the panic ensues and they calmed their followers that it's unlikely that crypto is going to be taxed so the government can't really do much if people intentionally hide them. |
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I think it's just pure ignorance that's causing all of this hatred, I mean isn't that the reason why people are always angry at some things? That's because they don't know a squat about that thing and they don't take the time to learn so they hate on it even if it's baseless.
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~
As for now, i don't see any chances that an altcoin will dethrone bitcoin because bitcoin will always be the king of crypto and it will always will as long as it keeps dominating the market. There are a lot of new altcoin projects nowadays but seems that most of the projects that are out in the market today have low potentials to last long in the market. So definitely bitcoin will always have its position today and maybe in the near future. But i'm also open that bitcoin won't have to live long till infinity. There's no way that an investment will not fade or lost its value in time. Things will change in the future and maybe by that time a new investment asset or currency will arise that is much better to bitcoin so people will definitely stop bitcoin usage and stick to another coin or currency. Of course it's still unlikely that an altcoin is going to replace bitcoin but it will take some time and there's a lot of people and out of all those people, some of them will eventually think of an idea that can dethrone bitcoin. Humans are a wonderful beings, they're obsessed with learning and trying to be much better than the last time. |
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Totally agree, El Salvador's action is actually a big catalyst for more countries to eventually adopt and use bitcoin and when that time comes, we will probably see bitcoin getting much bigger than ever because with more adoption comes more demand and with more demand in a limited supply meant higher prices for bitcoin.
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You're lucky that you're still able to open the wallet and recover the bitcoin's that you have, I wish I had that kind of amount but no I don't and I hope that you're able to make a good use of those bitcoins because 2 bitcoins can easily turn your life around.
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If you followed the news about what El Salvador did, you'll know that it is only a matter of time before businesses(big or small) starts accepting BTC. there's really nothing to be surprised about here.
if you look on the bitcoin discussion board you'll find another thread talking about fast food chains in El Salvador accepting BTC.
This is a surprise though, investment companies are against bitcoin together with the public so seeing a company being all buddy buddy with bitcoin in El Salvador is a surprise for me, maybe they've seen that it's inevitable and either they adopt early and make a lot of profits or resist the inevitable. |
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Lol, it seems that the OP intentionally call them that name because that's what they do, steal bitcoin from those newbies or those who decided to sell it right now. As for the effect, they have been in crypto space now, they have bought a lot so possible that other big companies and whales could be tempted to do what Microstrategy is doing, accumulating bitcoin and buyin the f**ing dip.
Well, OP used the word "steel" not "steal" so I don't think that it's the right hypothesis, also how can they be stealing those bitcoins though, those newbies decided to sell their bitcoins and they weren't coerced by the company so why put the blame on the company? |
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I tried to ignore bitcoin when I have learned of it in 2015, I was young at that time so all my interest at that time is video games and stuff for teens so I really never had an interest but thank God that I have shared bonds with people that have been in the crypto space for about a year and they willingly taught me how to make money in crypto and the rest is history.
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Congratulations to you and hope that it can help your business becoming prosperous, I like your attitude that you don't get discouraged even though there's not a lot of people that's going to use that as an option but you've put it anyway, I would have done the same thing just for the sake of promoting bitcoin and cryptocurrencies.
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I don't know how exactly do they think that bitcoin is analogous to a losing lottery ticket because with what bitcoin's showing, I don't think that it's a losing lottery ticket because there's a lot of testaments to prove you wrong.
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Well, if Michael Saylor says so that the prices will go up, then you better hodl or accumulate bitcoin right now because you don't want to be missing out. Although, take some precaution listening to these types of people as they have a stake when the prices go up so be careful because they can manipulate the market.
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That's probably a coincidence but at the same time a thing that can happen. It's not like the odds said that the wins shouldn't be consecutive.
Exactly, the odds says the chances of you winning the gamble. I don't see why it's a big issue other than the fact that that person is just probably in the right place at the right time with his gamble, it's the way of the game, sometimes it favors others more than us. |
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