What are stable coins and why do we need them? This is one topic that catch my attentions. I have this article about stable coins and they are attracting big league investors. Will quote some part of the article. "stable coins are designed to keep their price fixed, making them immune to manipulation trading. It could be argued that price stability will help to bring about the mass adoption of cryptocurrencies, as they are seeming more reliable and, therefore, attractive to major financial players. The recent IBM deal — along with other investments mentioned in this article — partly confirm that assumption." Three types of stable coins can be outlined, depending on the type of collateralization they entail. 1. Fiat-collateralized 2. Non-collateralized 3. Crypto-collateralized To know more and read the detailed article. Pls chck this link. https://cointelegraph.com/news/island-of-stability-stable-coins-keep-attracting-big-league-investors/amp It is as simple as there is no permanent in lofe but change, bitcoin or other coins varies on its users therefore if people or the investors have stable thinking probably all coins may be stable. Even currency is not stable, it differs on value, on exchange and such. All in all, it is better to ise bitcoin in trading because of its potential, or somewhat it is good to invest in bitcoin. |
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as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
Government merely focusing on the negative effects of bitcoin, which is not goo. If they are afraid of that things to happened they indeed needed to regulate it but not control everything in bitcoin. Bitcoin is a system that no one can take control of, it depends on its users and users believe in bitcoin that is why bitcoin continuously improves itself at the same time continue to give users its benifit. |
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Bitcoin is meant to be use the same way we use our traditional fiat currency but the difference is that bitcoin is in digital form. It is a store of value, it can be used for purchasing of good and payment of services, It makes financial transaction easy and global.
Yeah this is how probably bitcoin works, helps you in doing transactions easily. As well as easily convert money and pay some bills or establishment who did not accept bitcon. As of today there are only limited stores and establishments who are accepting bitcoin but soon enough more people will start using bitcoin. That is why bitcoin is the future. |
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2nd richest man Warren Buffet said Bitcoin will end up badly.
This words was a biased, if there ks historian's biased in history, there is probably a economist's biased in economy or in yhe market. This is on how they perceived the capability of one market. As per this financial expert he is on stock market who mainly focused on exchanges of different currency in different countries. But as we all know stock market is the old style and as of today technology is the one more popular therefore it is the one that will bring the success in the future. And bitcoin and technology is one. |
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I think that this is a good idea and a huge investment in the future of these countries, because for crypto currency our future
It will be a great idea if these countries wanted to engage in using it but if it is for government's interest or somewhat for them to be powerful it is a no no. Because bitcoin is made to help people even poor peopl, and if it happens more probably rich will became rich, just lik what is going on in the economy. Those countries have yhe capability to control bitcoin market because of the money they have. But as for now bitcoin will help everyone. |
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The competition will always exist and is deliberately created in order to make the market move better and faster, some coins now look very have the potential to compete with bitcoin both about price movements and the level of confidence. Thus it is clear that bitcoin always has competition, although in the end it is seen that bitcoin still leads in cryptocurrency, but someday there will be another coin that beats bitcoin because it is like this which always will happen in investment, so that market becomes passionate and investor it is always increasing that in the end the world of crypto becomes the main choice of every investor in investing and cryptocurrency grows wider until one day will be able to control the world.
This is really a correct statement, bitcoin will continue to be the number one, no one can beat it and other coins can dream freely but that will be just imaginations. As we look back, bitcoin survived years as of this moment, it survives the struggles and hindrances that comes into its way and with this the bitcoin is more stronger than any other. The improvements only proves that bitcoin really is doing its best to be on top and with this no one can ever beat it. |
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Maybe now the bitcoin price is not what we want but looking at the bitcoin price in the future will be up to 20,000 dollars. I believe BITCOIN IS FUTURE.
I'm not good at English so I can not express myself well. sympathy.
I believe in what he says, bitcoin is future. Where as we can live with the use of bitcoin. All people will probably soon start using bitcoin and soon enough bitcoin will reach every sides of the world and gain popularity. With this, the bitcoin will continue to give benifits to its users, old or new, such as doing transactions easily so on and so forth. Bitcoin will be the number one. |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
As per the fixed price, it will be useless if the banks offer this type of investment more especially if the bitcoin goes up and you will only get half of what you deserve and vice versa, if it falls down the banks will have loss. More probably of the banks accepted bitcoin they need to establish rules and regulations that will favor the both party and therefore they will get the equal benifits. Bitcoin did not aim to have competition its just that people think of a competition. Bitcoin wants to help, and so that was its advantage. And soon banks will realize it also. |
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Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20. How many years Bitcoin will need to become No.1 ? This news probably proves how effective bitcoin was and how it continues to donits best to be on top and lead all other currency. At the same time bitcoin not only wants to be on top but with the goal of helping everyone to have easier life especially in doing transaction because with the use of bitcoin not only money can be saved but at the same time effort and most especially time. Bitcoin can help us to have a better future. |
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
Probably no, because bitcoin is the most popular coin, and therefore most users are into bitcoin. If the bitcoin will be gone, blockchain will be useless, because its market are bitcoin users, so how will you survive if the market was gone. Bitcoin can drag everything. |
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According to me the unstablity in the market value is the main reason due to which many people are not investing in bitcoin.Sudden drop in price and moreover no surety that when will the market value increase adversely affect the number of investors of bitcoin. Moreover their is no control on the transactions as their is not central body to control it which also create a sort if fear in the mind of investors .
Maybe their reason is that they do not trust the bitcoin. They can not seen the advantages and other perks of using bitcoin as a medium where you can invest in. As of this moment many people did not realize the potentials the bitcoin are up to. Soon bitcoin will be on top and can possibly beat even the currency we are using as of this moment. |
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All we need to do is to minimize using untrusted webpage, because those webpage can carry virus that can enter your computer. Moreover you need to do defence with this attackers, so you must seek for a trusted anti virus,nbe sure that the anti virus is well-functioned. There are easy ways in protecting your bitcoin, and always keep safe. |
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One thing to say mining bitcoin consumes a large amount of electricity and it would take lots of equipment to manned the mining. There should be a development in making the cost of bitcoin lower; given that lower mining cost could yield a higher profit. However, it matters on trading and exchanges.
The thing is, it differs on what type of mining you will be inclined to. There are minings which is indeed needed to use electricity as well as internet connection, some are you just need to set it up then it can mine automatically. But the thing is as of this moment more mining sites took slowly to mine, so the cost you have invested will not be equal to what you can earn. But tyere are other ways of earning bitcoin. |
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The step made by korea will have a big impact to cryptocurrency or in bitcoin itself, as we all know if you mentioned the word cryptocurrency, bitcoin will pop in your mind, so bitcoin will probably gain more popularity with this regulations made by koreans. This may also influenced other coin to accept and just regulate the usage of bitcoin and forget about banning. |
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More and more people starting to like bitcoin, therefore Investors or users are starting to create big population, in this way bitcoin will gain popularity and be well-known worldwide. As if it happens the bitcoin will continue to reign the crypto world or maybe all the currency around the world. So bitcoin is future. |
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Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
Well bitcoin can perform both, bitcoin is commong closer to what the fiat can do, therefore it is possible for it to become medium of transaction in the near future as well as it can be use to capital gain. Bitcoin is very flexible where as it can adapt to what the society needed for it to.perform. |
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I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
More probably many investors entered crypto world without proper knowledge on what bitcoin can do to us. s a normal investor you might probably get panicked as you have seen the downfall of the market where you have invested in, but as the bitcoin proves itself, all we have to do is to have patience. Patience is the virtue. |
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Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
Id the government implemented rules and regulations, they need to be sure that it is not just for there interest but also for the welfare of the users of bitcoin, and other coins or the crypto itself. Putting taxes will do but if they implemented something that concerns with the identity of users well it will definitely undergo in a debate. The regulations must only concern with the security the users will have. |
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According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
Good point. As of now more and more users or investors are convinced to enter the cryto world, investinf into different coins, bitcoin to be precise. Therefore as of this moment it is just a start, just like in a troupe it is in the process of recruiting new members in able to be more powerful, it is what is going on in bitcoin, or cryptocurrency as of today. |
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So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
It is definitely because of the way bitcoin or the cryptocurrency helps every individual, not just merely focusing on the rich, but it is the one helping users to get rich. Moreover the bitcoin also give fair treatment to all and there is no rich nor poor, it is giving lots of opportunity to every person. So much for that, bank is threatened to what bitcoin can do to our society and they will soon left behind. |
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