Hi,

No, of course bitcoin is not a miracle solution to all the issues we are currently facing!


We are not going to solve global warming, ever-lasting wars or diseases just by using it.

Though, what is interesting with the bitcoin, is that it offers an alternate economic system, allowing people willing to use it to get rid of any control authority (governments and banks). This is interesting because it may allow us, in the end, to finally understand that stakeholders are not "angels", as we are told at school.

Hi,

I think it isn' a new era... But things are changing, indeed.

The first signal for me was the change in the viewpoint shared by mass media. From a geeky-shadow-illegal thing, bitcoin has become "the new asset to become a billionaire". Of course, the vision shared remains wrong, but at least it has become positive!

Then, there are many famous people talking about it. And I understand why the endorsement of something as crypto can be important for many people to dare investing. Though, I don't think that we need the approval of Bill Gates or Marc Zuckerberg to develop our community!

Last point: nobody really knows how things will evolve. It is hard (or maybe impossible) to say if crypto will be used one day for daily needs.. So, maybe not a new era yet, but at least a tangible evolution!

Hi,

I think it is much more than that. Yes, Bank of America can use the blockchain, but actually this technology can be used quite anywhere. It is suitable for many fields, in can be adapted for many different purposes. And this is why the crypto world, and more specifically the blockchain is so great!

Hi,

There are many platforms dedicated for transaction if you want to invest. My post wil only be about some advice that you should follow, whatever you want to do with bitcoin:

1- (I guess that you already heard this one, but still) Only invest what you can afford to lose. Because you will face some loss. That's obvious.

2- Don't be afraid of scams and frauds. You will get caught. That's normal. You should just be aware of that, and of course, try to learn a lot about any project you'd like to invest into.

3- Generally speaking, reading a lot will necessarily help you. You will discover new projects, new uses, new people, new techologies. Try to cross-read and check sources, to make up your very own opinion.

4- Talk about what you do with your relatives. It can be really usefull sometimes to have the opinion of someone who's completely "out of this business".

5- Have fun!

I hope it could happen but I think it won't.

The issue is that using the same money everywhere on the planet would mean that all governments have found some kind of agreement. And they don't even manage to make agreement about the environment! And even when they sign something, they don't stick to their promises...

So yes, bitcoin would be a great worldwide currency. But I think it won't happen...

Hi,

Stability is also very important if we want to see the use of bitcoin being spreaded into "real life".

I mean, you will never make your daily shopping with a currency that can see its value divided by 2 or multiplied by 5 within the next few months, right?

This is why, for me, it is currently a tricky question. We need stability to make bitcoin more convenient for daily use... And at the same time, we don't want to see it turning into another traditionnal fiat currency..

Hi,

It is indeed interesting... If you can ensure that your job won't disappear within the next few months. You can negociate something as prices are low, but this "something" shouldn't be re-negociable when prices bounce back. I understand the idea behind this post, and I understand why many people in the community are willing to work on this environment.

Though, I think it is a highly risky environment. So if you need to ensure the living of a whole family (especially if you have children), well... You should think about it well before running into it!

Hi,

For me, it is neither the idea, nor the capital.

You can be very successful with a business plan that has already been implemented. You don't necessarily need to be original, or disruptive. You can have a great success opening a hair salon, or a bakery!

In the same idea, having a lot of money to start can help, of course. But it is not necessary. You can start without money of your own.

For me, definitely, the most important is to start with a network. To be able to rely on your relatives. Because with people around you, believing in your project, you will be able to share ideas and maybe even get some money... Everything can be done, as long as you can truly rely on people around you! This is also why the biggest business schools sell their network above all!

Hi,

Some charts you share are indeed interesting. Others are just... Well, logical and already well-known.

But some remain quite mysterious. What about the planets? Is there a hidden meaning here? I really don't understand what it means...

As for the "long term", I agree with you. This is why I think it is completely useless to freak out when suddenly the price gets lower; or on the contrary, to be ovely happy when the price bounces back for an hour...

Hi,

This trend of recovery is good... But don't scream already!


Prices can drop back within a few hours... or days. And even if it is indeed the begining of a recovery period, don't expect bitcoin to bounce back to 20k within 2 weeks!

Hi,

I completely agree with you.

The point is that this market can get rid of regulation authority. This is why the biggest, traditionnal investors should never invest here. The idea isn't to turn bitcoin into another traditionnal currency. I understand that we need more and more people but the limit is... hard to make I think. Because if bitcoin is "overly" spreaded, well, it may turn into something completely useless, definitely gutted of its initial purpose.

Bitcoin is not supposed to be merely a digital currency. The idea was to create a whole new system, so why would we bother with traditionnal investors?

Hi,

Personnally, I see etthereum as the crypto with the highest potential to become "the future" of bitcoin. If bitcoin keep lagging behind in terms of technology and convenience, then at some point, it will not be possible to use it anymore. And I think that ETH is a good candidate.

Hi,

It depends on what you measure.

I think that technically, ethereum is a step ahead. It is indeed more flexible and more convenient to use.

Though, on the other side there is the bitcoin. And I am sorry to say so but I can't be objective towards bitcoin. It was the historical crypto, it was the first ever created, it has allowed usto discover a whole new world, full of technical challenges and economic proposals... So yeah, it may not be the most convenient crypto, but still, I stick to bitcoin!

Hi,

Actually, it can be hard to make a distinction. Imagine, for a newie on the forum, such a thread may be even more confusing. He may heard about scams and may be worried about hacks... And at the same time, it is quite hard to grasp how all this is working.

So what you say is true but if you want it to be more effective, you should detail your explanations!

Hi,

The most interesting characteristic of bitcoin actually is that it allows anyone, including people who know nothing about banking, to trade products or services, around the world without any control authority. That means, that we can potentially get rid of banks and their irrationnal fees!

Thanks to the blockchain, everything is checked, nothing can be done without multiple checking. This doesn't mean that no illegal activity can be performed (there are many occurring at this very moment) but it means that everything can be tracked. Using this technology, government could no longer do whatever they want with people's money!

Hi,

I think this i actually interesting to see that another crypto can become a potential challenger of bitcoin..

Bitcoin is the historical crypto, no other crypto can steal its place.. Though, some others may be more adapted for daily use, or technically better. I think, instead of seeing it as a threat, we should be glad that the enthousiasm around crypto was so great that technical advances have been made..


For me, it is great. Bitcoin doesn't have to be the only existing option. It can be interesting to have many different cryptos, each of them with its own purpose!

Hi,

Indeed, bitcoin is more and more popular. However there are two important things to highlight:

1- It is not the only crypto. It was the first ever created and for that it will keep its special place... Though there are other options if you want to invest in alt coins, and knowing more specifically what they offer can be very interesting!

2- There are crisis affecting bitcoin. Currently, a large part of the community is realy worried, especially about prices, after the huge increase that we saw in December 2017.

So the bitcoin is interesting. For the technology that was created along it, for the idea behind the creation, for all that was created around.. But a revolution sadly enough doesn't occur within 2 days and I think that we are still quite far from global acceptation..

Hi,

You don't need the appreciation of others, do you?

There are indeed many people saying that it is the end of bitcoin, but there are also plenty of them remaining silent. Most people who are holding their bitcoin now are not talking about it. They just wait to see what happens in the upcoming months..

I stay positive too, I don't see any reason fo panicking. People are rather reluctant to buy now, due to the crazy trends that occured by the end of 2017, and prices are steady. That's logical, and it has nothing to do with bitcoin itself!

Hi,

Bitcoin prices may remain steady for a while... People have freaked out when they saw the crazy prices last December.. Quite logically, today, people are more reluctant to invest.

I am not sure that a price scale can make any difference. However, we need time. Just let people breath a bit, and they will buy back when they feel like doing it. Bitcoin will not die within 2 days, even though prices remain low for some time...

Hi,

It is actually an interesting question...

I didn't really think about it before, but indeed we know that huge sport event can have mass effects on the economy, within the country concerned and even further...

So, yes, that will be interesting to see if bitcoin is affected or not. And as Russia is indeed an important country for bitcoin community, the effect may be striking!