As we all have been speaking many times that Bitcoin possesses the power to diminish the use of fiat in a country where it's welcomed with full hearts, I wish to know that does it really have the ability to cope up with the challenges a country's economy faces? Can it help in the growth of their GDP?
As we know, Bitcoin is limited in number whereas Federal Reserve has the power to do monetary easing when things go wild with their economy levels. So with such limitations, can Bitcoin really stabilize any country's economic issues?
Here is the fear about BTC. In flat money government can guess cash flow by their people but in BTC government can not control it so that it may effect wrongly in economy of a country. Here is the main problem of stabilization of economy so that every government thinking about this. They are thinking how it can be control so that they can accept it for their community.
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It seems nobody knows how many whales are out there, these whales maybe extremely selfish. Therefore, it is like a country with UNKNOWN Gini coefficient and UNKNOWN leaders, therefore very UNCLEAR economic future. In other words, it is very difficult to predict its future.
From what I understand, if we consider in the near future, even if the scaling problem are completely solved, bitcoin may still fail because reasons list above in terms of wealth distribution. If you buy bitcoin now, it is like immigrating to a new country. Never underestimate the possibility that bitcoin may go to zero. Do NOT be too confident with bitcoin and put all your money in it.
Yes as a volatile market you can say this. Actually all are unconfined here abouty crypto market so that market is too much unstable. There is no regulatory board that can control market as well as. So anytime it can be zero or it may be high. But those we who are crypto lovers try to long live crypto.
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What would the process look like?
If I registered a business name and then got some business loans to buy more coin. It would be a HODL business. Or a boutique crypto investment firm. I just want that loan to buy and hold onto a bunch of coin and watch it soar. There would eventually be a legit service to offer through the business but at first I just want a giant loan to buy a bunch of bitcoin.
Sound idea? Yes or no
Your thinking is good but i think by making loan you should not invest into crypto market. Because this is very volatile and there are too much risk in big investment. Is is decentralized and nobody can control it. So there are 50/50 chance to gain and lose. So before take loan you should think more and more.
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GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?
Share your first impression!
Nothing new i think. Its like another altcoins in market. Yes as facebook is one of the main part of social media now-a-days and if facebook team opens an altcoin in market its value will be good there is no doubt. I always support it as a crypto lover.
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The arrival of IEO's has cause more harm done good in the sense that many do not seek to make their own research about projects that's are involve in IEO, everyone is made to believe the exchanges are in control and are bound to think the exchanges are in best position to know better and hence expect that the due deligence be done by them, but trust me most of this exchanges are rather soiling the space and aiding most of this projects to mislead investors.... Agreed or Disagree? Argue it out
I maybe not agree with you. IEO is nothing just buying tokens from exchanger by buyer that was did by team of a project. Here also buyer must research about that tokens future, roadmap. whitepaper. etc. On the other hand IEO support team to do strongly work behind roadmap without any tension i think so that buyer can buy tokens.
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I don't think this actually. It was a miracle for you that those bounty whom you did not pass kYC was successful. In my bounty experience it did not done. Maximum times i passed my kyc and there some campaign was outstanding and some failed. So i am not with you Thanks.
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Who knows Bitcoin will the Number one in the future? Does anyone know that's bitcoin will still work in the future? I think here a new coin will get the first place in the crypto market. Any coin takes this place. Need more popularity and marketing with a good opportunity.
So, My question is, Will Bitcoin remains the king of Crypto Market in the future?
No one is king forever yet. Technology is going run and run so crypto technology must be running forwarded. So today BTC is king in crypto tomorrow may come another coin but you have to believe in crypto at the end of the day so that market may build up. Thanks.
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Hi i just want to know which eth wallet i can access with such type private key??
929146698:AAGbFoFXOVzOqN9OpfyURkaByXEj8iTVba0
I cant access myetherwallet with this private key Where i can import it
This can't be a ETH private key because every eth private Keys are more longer and may be 64 keys atleast and there is no semi-coin in private keys. So i don't know from where you collected this key and don't give pvt keys into here.
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Hi guys, where do you think should i put my remaining $1300USD? Any suggestion please? and why?
I think you should plan 3 types for investment. short term, Middle term and long term as you have huge amount for investment. For Short term you can buy BTC and ETH, For middle term you can buy xlm, xrp, litecoin and for long term you can buy EOS, TRON, NEO,Dash,etc. Thanks.
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Hello, My name is Omar and I came up with idea of P2P education platform to try to connect investors with similar portfolios. I hope for it to be a place where new investors can come in and get personal advice from experienced traders. Our website is https://coingroup.networkI need a partner(s) in this to help with marketing and also growing the project to further heights. I cannot do it alone. If anyone would like to join, please email me at coingroup.network99@gmail.com or message me through here. Thank you for any interest I think this is not right post here as there are specific section for post like project development section. As you wanted to develop your project post it there and i think you will get your development person quickly. Best of luck.
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No body, no prediction will work here i think as my previous year experience. Make your strong and positive mentality also through it others men who love crypto and finally i think you will give best result last of the year. Keep well.
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cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
Nothing to worry actually. Just save your private key in secure place that don't stolen and make sure to do 2fa authentication if there access and never store your all keys into mail account that may anytime hacked. You are safe. Best of luck.
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What makes the Ethereum price a little slow to experience an increase, in the current crypto market conditions. If the price of bitcoin continues to experience rapid growth almost close to $ 10k. I think the price of ethereum will be good if it is above $ 300.
Yes though its price going in low rate up but i think slow and steady wings the race. ETH lovers still can not believe in market like as BTC lovers so that they are fear of price. But no need to tens about this and believe that ETH will hit previous market very soon.
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Hello everyone so now i want to share a very good information with that the facebook community says the the price of facebook will be stable like a USD so its mean that there is no threat for bitcoin because all investors want that they gain more profit in short time that is why they invest their money in bitcoin because the btc price is fluctuated and for good investment need the unstable price.
No need to excited dear brother. Sinet has not accepted Libra still now as they can not trace crypto currency buy and sell group. They think that it may used in wrong way so that they did not accept it in their house. So first think its acceptance and then price and stability. Thanks.
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I sold at $7550, am I screwed or will it at least go back down to $7500?
I think nothing to worry or screwed here about BTC price just now. Not this is time to recover BTC price untill it hit $23k. So i think you may be think upset that you sell in low price and suffer in near future.
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Yes you are right here sir. Crypto currency is for big harted men who can invest their money for future. You can easily get this result last one year to present time that whom invested into BTC 3k not they are more gainer and gradually will be. So come here with strong mind.
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Here's a detailed article on this topic by CNBC:
cnbc .com/2019/06/18/the-difference-between-bitcoin-and-facebooks-libra.html
In my view, the biggest difference between Facebook's Libra and the Bitcoin is that while Libra is a Stablecoin, Bitcoin is not!
Very welcome to Libra into crypto world. Though it has some problems initially by USA government but i think for time being it will be more effective coin to all. I think its an another turning point of Facebook and CEO.
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With the increasing growth rate of bitcoins all over the world,what benefit will this be to the non developed countries? Is it a solution for them or simply a hindrance??I will love to hear what you guys think about that.
I think there are many benifits for non developed countries like, Their young people will be involved in crypto format as they are deprive of job and they will be self sufficient here. On the other hand country will achieve foreign revenue that they will develop day by day. Overall it is positive site for developing countries.
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I think now trading is very risky fol all traders as BTC price not stable. But big investors can take a risk for future invest as market going to stable day by day. So take a risk, make your money in future.
Best of luck.
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This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.
Right you are dear. When ETH, BTC price was low i did short trade and benifited but now every tokens price going down and down as BTC price going high. So i think this is not high time to trade until BTC, Eth price not stable.
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