Latest posts of: Assface16678

I strongly believe that btc as a salary will also result for it to become a currency how ever, many of the holders are waiting for the right price for it to rise before trading. As for its price, no one knows when is the time it will rise and might go down. For now we are sure that it has a value and considered as an assets, for the future as we follow the growth of BTC we can conclude that the value of it will rise up again.

By holding, it doesn't mean you are profiting unless the value that you bought it is lower than the price it is now. In order to earn, you must invest this Assets that you hold or try buy and sell. Also if you can make funds for extra money try to look for other coins that may have a potential growth and invest in it. A good research can make a big impact in your earnings.

Most of them of who are against are those who don't even know what crypto is and labeling it as a scam. Another thing is that they are afraid if most of its citizen is a crypto holder/trader because they cant control them. So that is why they are encouraging others too who are not knowledgeable but rich/ influential to criticize it too. But some of them are making crypto as a way to hold their assets.

Decade had passed and still no one can answer when the price of bitcoin will stabilize. We saw its growth from its lowest point and until today none of the experts can tell when and will it stop. As new investors and traders keep on investing, the price will probably go up once again.

Its because it is proven that BTC has the highest security among other alt coins. It is the oldest coins out their and people are trading with it in decade already. So if you are new to it or if you are going to invest in it its better to invest in the one who is trusted by all crypto enthusiast.

In my country when you talk about that you have stocks they automatically assume that you own a company. But if you talked about crypto they didn't even know what it is. If there is someone who knew how crypto works its rare tbh and most of the time they tried to hide themselves in order to protect their love ones. If you start to start to profit and bough things, your neighbors might even report you to police and suspect you of selling drugs. So I think its better to hide your identity and share only what you know if there are willing.

As BTC keep on growing and getting accepted by different countries I must say that the future is good. If the veterans in this field kept on saying that through the years they saw the ups and downs of btc but despite of that the outcome today is still great. So if you got the guts and knowledge in BTC then you should know what will happen for the best of btc in the future.

Its always nice to see someone helping others if you have the knowledge about certain things. But I hope in the process of giving thoughts to them you should've mentioned the possibility of it being bearish at any point. They will learn so many things through experience and together with your guidance I hope for their success.

Quote from: Pmalek on July 19, 2021, 06:20:07 PM

I would pick investing/buying bitcoin over mining. You need time and patience to pay off the costs for your mining equipment to start generating profits. But if just buy bitcoin and it goes up by 2%, you are already making gains minus any fees you might have had. Not to mention that mining gear isn't that easy to come by and the producers can't produce enough to meet the demand. Your equipment can become faulty, break, overheat. Your software can crash in the middle of the night or during the weekend while you are away from home. You need some technical knowledge to mine while any computer-literate person can buy a coin on an exchange.

Exactly. Holding/Buying can be done easily and with a little research even a newbie can do it. The price of building mining gear today is outrageous due to the scalpers. Also, maintaining the gear is time consuming together with it is the bills. But if you are looking for longer run, try mining and holding it, then sell at what price you will profit.

Opportunity are sometimes missed for example when it hits 30k and suddenly it goes up to 60k, you've done your part by sharing the knowledge to invest in btc. However its the decision of investors because in the end its their money that they will use.

Being smart and young is a key factor why young investors prefer crypto over other assets. Beside this, they have the knowledge on how to operate this kind of things unlike the the old ones who like to invest on traditional things. Also in crypto all you need to do is to have the knowledge when to buy and when to sell in order to make a profit.

Both of them can gain profit however the biggest profit will be from Bitcoin. So the choice for me is btc, how ever due to its volatility, you need a perfect timing whether in what time you will buy in order for you to gain more profit. In the long run, the highest possible earner if you bought the two is still btc.

Quote from: Baofeng on June 11, 2021, 02:42:54 PM

It's obvious, bitcoin is the next big thing, the digital gold for this decade so most of the millionaires doesn't have the knowledge on how to make money out of the bitcoin market. They are still in the old and traditional way of investing in stocks with small risk. Unlike in bitcoin wherein there is so much volatility that these old investors are not used to, so they would rather put their money on safe haven like gold and then hate bitcoin itself.

Exactly, another additional to this statement its that the fast growth of crypto currencies many of them are not capable of going with the flow. I consider Age and commitment to what ever they are doing that kept them behind and as a results they tend not to favor this new technology. Hence, resulting for them to only hate it.

Suspicious as if someone pays them to do this. I mean if bitcoin is just an alternative currency for them to use then why would someone came up to do this without them being affected at all. Anyway, the government must take action to this kind of behavior because the rioters only want the government plan to fail and their reason is hate and nothing more.

Quote from: Tina H on August 05, 2021, 02:33:49 AM

Google has begun to accept advertisements for Bitcoin, and Google lifted its ban on advertisements related to Bitcoin and other cryptocurrencies. Starting August 3, companies using Bitcoin and cryptocurrencies can once again advertise on the search giant and various websites that are part of its platform. The ban was implemented in March 2018 to comply with the new regulations of the Financial Crimes Enforcement Network of the United States (FinCEN).

Article Source: https://updateonbitcoin.com/google-lifted-the-ban-on-advertising-related-to-bitcoin/

Google is the number 1 search engine used worldwide and with this Bitcoin will surely be renown once again specially for those who don't have any idea what bitcoin is. It will surely gather large mass of new possible investors in the future and will result for the price to once again spike and those who hodl can benefits to this.

I can't imagine this because of the status in my country. Most of the citizen here don't know how digital money works and if so it is only a percentage of it. Despite that, a world without fiat currency is not that possible in the future. If the price of BTC becomes stable, then possibly we can use it as a standard currency for everyday use.

Quote from: Cling18 on August 01, 2021, 11:45:40 AM

The fact is that the economy wouldn't survive without the supervision of the government. No currency could replace or take over the government because the government has a huge role in organizing and solving each country's problems which any currency couldn't do. The cryptocurrency couldn't work well either without the government.

Exactly, I can't even think of any reason for us to replace the government as we needed it too in order to make the crypto legal/ specially in other countries where it is ban/. What they need to focus now is to develop it furthermore for the future and maybe after stabilizing it we can use it as the daily currency and through the help of government they can easily let the people use it by just issuing a tax on it. The two concept need to co exist.

This one time that one of my friend treats us to eat out of nowhere year 2016/I live in a country where 10$ is big enough to treat your friends/. Tbh, I'm confused where the hell on earth he get the money and he shared it to us that through trading and buying btc. Then after sharing his insights and knowledge most of us followed his track, We are grateful for that one friend of us.

To this day, even though I didn't have a stable income I manage still manage to buy btc by saving my money and trading it when the price peaks. I love the way btc changed my life and its fun learning new things beside the usual.

Quote from: int03h on September 07, 2021, 03:12:37 PM

Quote from: Pouvoirp on September 07, 2021, 10:24:46 AM

-El Salvador has just bought 200 new sets of bitcoins.
-Making it their official medium of financial exchange
- They now hold a total of 400 BTC.
- I wish other countries would adopt this method of transaction.
- They made sanctions on businesses that don't use chivo wallet and refuse to use BTC as a medium of financial transaction

We have to wait for the economic optimism of El Salvador after they adopt the policy of using Bitcoin for payment. At least 5 years to observe.
Bitcoin is just a payment unit and it fluctuates widely. Businesses that hold Bitcoin may be at a disadvantage because of the price drop.

Yes in order for the researchers to conclude a solid statement. So far what they need to look out first is the problems that may occur in the long run like, stability of its app, how to tax it, do all parts of the country manages to adopt and many more. But this is a great kick starter for other countries if they are going to use btc as their currency.

Quote from: Davidvictorson on September 11, 2021, 02:01:04 PM

An old proverb says “A good man/woman leaves an inheritance to his children's children…”. Since the inception of the world, whenever a person dies, their personal assets like money, possessions and property are either shared as stated in a will or in accordance with the law of succession where the deceased leaves no will. In most cases, the beneficiaries include may their spouse(s)/civil partner, child or children and grandchildren. In other cases, their brothers and sisters, parents or parent, nephews and nieces, favorite charity organization and state (where there is no relative) get to be the beneficiaries.

I recon that in the coming years folks are going to will their wallet seed and passphrases to their family members, their favorite charity, and even their kids unborn. As an investor or crypto trader is this a legacy you would want to leave behind?

Yeah learn to live and not to survive. We have this instinct to live and will do anything for it, remember that after you die the beneficiaries of it is your love one's. Giving passphrase/seed is also like writing your last will. It is better to be used rather than being forgotten for no reason.