Bitcoin is a cryptocurrency. Irrespective of that, its pretty much been following the stock market in the last 2-3 weeks or so to a T:
my point is that you can not make a conclusion based on 0.3% of the lifetime of bitcoin! and that's what your chart shows, only about 0.3% of the total time bitcoin was around. things like that are called a coincidence. now if that was half a year of following stock market then it would have been a different discussion. That same 0.3% is the same period of time that stocks have been in a bear market since the birth of bitcoin. Therefore, its reasonable to believe its not just a coincidence. The last time the stock market had a dip of reasonable size (from Sept - Dec 2019) -- guess what -- bitcoin dipped as well. we have had similar stock market crashes in the past both in US stock market and other countries but bitcoin either never even reacted to them or was rising. example: September 2018, bitcoin price crashes about 50% and a couple of days later stock market has a 20% crash while bitcoin price remains the same during that crash. from December 2015 to January 2016 is a month long bear market in stock market while bitcoin price is pretty much stable. June 2015 is a brutal time for Chinese stock market where it loses nearly 50% meanwhile bitcoin price goes up from $200 to $300 and many more... so yeah i still say it is coincidence and market manipulation that has led bitcoin price going down at the same time. Again we are now experiencing that the market price of all of the currency is falling down and it is not a good sign because before on the previous years it takes a lot of days and months before we can get a lot of payment but now the price of the coins drops on just a single week and this is not quite good also or affects the whole market transaction and the pandemic diseases today there are a lot of people stating that the cause of the downfall of the price is having hoarding and pulling out all of the investment because of the virus and they are using this to keep safe and use their coins to buy all the things they need to avoid the virus. Also, that kind of action affects the whole market and now the stock and the price of the coins are falling rapidly. |
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Today one of the things we can do with the use of cryptocurrency and your computer is the mining many people getting mine some bitcoin to their computer and as a reward they can get a bitcoin. Still, there are people does not believe the capability of the mining because they think it is just a waste of time it can be possible because if you don't have enough or capability to mine you will lose your money too because mining is taking a lot of time that your computer is on and that consumption of energy is too large the coin you earned are not enough to pay your bills but if you are in a country with low market price of electricity and you have a good computer to mine you can now make a lot of profit every single day and one of the things you need to do is to maintain your pc to make more efficient earnings.
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Yes I totally agree with you on that. People really need to be educated on the need to storing or managing their bitcoin or crypto generally from their own private wallet rather than exchange. We have had issues of hacks and thefts on these exchanges. Hence this potends a great threat to investors or traders who leave their funds on the exchanges. Truly, Not your keys, not your bitcoin
It is our sole responsibility to protect and safeguard our funds from scams and hacks.
That was true because some of the people are holding their money to the exchange and we cannot stop them. because some of them are always making an exchange because they want to keep updated on the market but today some of the exchange is having a bankruptcy and they immediately closing and some of their users does not get their funds still one of the safeties ways to save your money is always making the transfer into your funds is into your wallet because we are avoiding having some issues like that also, thanks to aware me and other users too because some of us are hobbies to store our funds to the exchange and that was not quite good. |
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That was good news that even into the world of multiplayer game they will now making a lot of adaptation-related into the cryptocurrency because most of the people today encountered the use of crypto in just investment, trading and gambling website most of the people are making money those and making a payment that is with the use of cryptocurrency but today even in the online world of gaming industry we can now use the cryptocurrency and also the Call of Duty (COD) is one of the best game for first-person shooting and it is already gained a lot of popularity than can make a lot of contributions that are related with the use of crypto so it is better if we support on it.
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The impact of this recent update from India is little to no in terms of its impact on the price of bitcoin. India is a developing country and does not have much investors putting in any huge amount of money into the investing in cryptocurrencies. The countries whose approval of bitcoin will cause a major rise will be China, USA, Russia, Germany etc.
One of the largest country today already accepted the use of cryptocurrency and that is the Indian today the market price of the bitcoin and all of the other coin are fall down because of the pandemic virus that is the covid 19 and some of the people today are worried about the cryptocurrency if India make a move like the other country who is already adopted the use of crypto I think they will change into the whole market. But still, we are looking forward to the acceptance of the other country for the use of the crypto because it is the most secure and fastest transaction without any hassle of payment also we are getting avoid the contact to the scammers because all of the transactions are safe and legal. |
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Cryptocurrency legalization in India has a great impact in their country. As we go back from the years where in Indian Government are against on it, a lot of projects that were developed and organized by Indians turned into a failed projects and some are totally SCAMS because of it's Government unwanted issues.. It really were painful for them to be so called SCAMMERS even if they weren't the ones who made the problems.. And as they legalized it and one project stands to it's purpose of introducing CRYPTO in their country, MASS adoption will come on their way.. People now will start to accept and to understand how crypto really helps today... Congratulations India.. Welcome to Crypto market...
One of the most secured transaction today is the use of cryptocurrency and many people are using it because they know it is faster and does not need too much verification most of the users today are widely spreading the use of it and one of the largest countries today are now using it before China next is south Korea and finally now the India those country are one of the most profitable countries that wants to make more adaptation with the use of money and transferring funds and that was great news to all of us because there are many people today now are making a huge contribution into the field of cryptocurrency but still there are some restrictions about their funds like just limiting the transaction to avoid scamming, and hacking. |
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A lot of factors to considering, for the fact that everything is failing even the oil price -bitcoin may not be the safe haven
Not really guaranteed to be safe but it is not also a reason why we easily give up, think negative all the time and been pulled into panic selling. Should we think that whale's participation is a big factor why we expectedly experience like this and if that million of Bitcoins transferred is true, it all be possible to see a scenario like this? Yet, it happens oftentimes but it somehow surprises us knowing that we are looking for more dumps rather than of having a drop. Today we are facing again the market price of the bitcoin that is falling down and this is not quite good because many people already make an investment when the market price is too high and they are now losing a lot of market income with this, still there are people grabbing the opportunity to make investment when the market is too low. One of the reasons why the market price of the bitcoin falls-down the same with the other altcoins because of the virus spreading all over the world and they are using this to make another source of income. Some of the people are getting panic selling that may cause of continuously falling down of the market supply and volume. Still, we are looking forward to making more earning with the use of bitcoin but it takes a lot of time again before we can make back to the top of the market profit or income. |
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Stocks are more affected by the virus since their factories are much more likely to be influenced with the reduced production because of the possible temporary stops of the factories to prevent the spread of the virus. This makes sense, but Bitcoin being affected by the virus really seems unlikely.
The loss of BTC from $10k to $9k could just be a byproduct of the fears of the stock market as well as a possible correction from the rise of BTC in the past 2 months. We've seen it constantly going up from $7k after all, so a correction might have been necessary.
The virus still affect the market because it is a lot of people are afraid about the virus spreading today and that is not a good thing it may affect their work and also the job some of the people today stay away from their places nearby the virus and some of them are going to migrate just to avoid the sickness. Also today one of the largest news created is the use of the cryptocurrency on south Korea because some of them are limiting the use of fiat currency or the physical money because the virus is airborne and it can attached to the objects we usually use and money is included so they will prefer to use the digital currency and also it is good if we are avoiding too much touching to our eyes, nose, and mouth so we cannot easily infect. We are looking towards making a good market income even there is a virus spreading but today it is not good because some of the stocks are falling down because of the event happening in the world. |
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Great job out there mate! You did a really good thing by organizing a seminar which actually tells both advantages as well the disadvantages because many of them never mention about the disadvantages. Also, making them join bitcointalk is another thing I liked about the seminar because now they can do their own research and grow immense knowledge and god knows where they will land. I hope you mentioned them some of the golden rules like never borrow to invest, don't put all your eggs in one basket, always hold your private keys in safe place, never keep your money on exchanges for a long time etc..
If not then may be you can send them an email by listing these golden rules.
That was right that you are trying to introduce the world of cryptocurrency especially the bitcoin to the community and today it is the one of the fastest-growing transaction today and also we are going to introduce them what is the things they need to make investment with this currency it is like the currency and the bank that they can earn with interest still does it need to have a good knowledge, ideas and skills to be more aware of the transaction happenings in the world of bitcoin also it is good if you are trying to invite them here in bitcoin talk because this forum helps each individual to make more knowledge and keep update what is the trend and news about the bitcoin and more. Also, they can contribute and get a lot of ideas with this forum. Still, we are looking forward to having more news that is helping other people about the things related to crypto and to the community. |
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There are a lot of different options to do transactions without using fiat currency and I'm afraid Bitcoin could be a hard tool to use for cashless transaction specially for those who yet to have knowledge about cryptocurrency.
One of the most tackled concern about Bitcoin is the ability to boost transaction speed, an instant transfer to be specific. This is one of the area that Bitcoin needs to develop so It could be considered as one of the top options to pay online transactions.
Lucky, in my country we have a custodial wallet that offers instant Bitcoin to fiat convertion and the app can be use to pay primary bills and other mainstream services. And, as much as I want to introduce this to the people in my place as an ideal way of transacting online in case of corona virus out break. But, they always have the option to do it over mobile banking.
One of the biggest news happening right now in the world is the news about the virus, this is airborne so it just a single person may affect and he/she will talk to many people in just single place it will because of infection also this virus is spreading all over the world and most of the virus today is in the cold place but there is a case in South Korea and the Philippines and one of the great moves of South Korea is they are going to adopt the use of cryptocurrency right now or the bitcoin because they are trying to avoid the use of fiat currency or the physical money because by that object an infected person can transmit the virus and now they are trying to use the bitcoin to make sure that we are going to control and avoid the spreading of the virus. |
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I think that these articles greatly exaggerate the ability of this virus to adapt. I have read in many recent scientific articles that the virus is weak for material circles in the sense that it dies after a short period of contact with surfaces and thus the way the virus is transmitted through contact or paper money is considered small.
The action taken by the Central Bank is only a precaution and one of the measures that is taken to try to reduce the number of injuries and avoid infection.
The country of South Korea today are making a lot of changes to their rules because of the virus spreading right now all over the world that was a good choice that they are now going to burn their money to stop spreading the virus because it is airborne that anyone touches those infected object or things and you will touch your face, mouth or nose. Also, they want to avoid the spreading of this virus. It is the time now for the real use of cryptocurrency or the bitcoin because it is faster to transact and also there is no contact included for both parties of the sender and receiver by that we can now freely pay all the things we need without any interaction to other people. |
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Today one of the widely spreading news is the coronavirus many people today are getting affected with this virus, and one of the cause is the food they eat like bat, insects, and more that always migrate into different places and becomes a host to that disease and that is start into Wuhan, China and now spreading all over the world because there are some people came from the affected country and transfer into another one also this kind of disease is airborne so it can be touched into different objects like the money, we can infect quickly now with moving money, and it is better if we are going to use the cryptocurrency or the digital currency to pay or transfer funds to avoid having a direct contact with the things of the infected person; also it is good to buy a bitcoin and use this to buy a lot of things we need to do because it is more faster and efficient than the traditional way of paying and we are also avoiding the virus.
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I agree i know a lot of people who work hard all their lives sacrificing sleep, family and health just to earn that small wage that's after a few days is gone. Because of the increasing prices of services, food and daily necessities. So instead of burning all your money away with these things, take a portion of it and start investing.
But investing money blindly we'll only get you rekt, you must pick a good viable profitable project or coin also.
I think that was a good idea too because some of the people today are now starting to make investment when the market Is too low because by that we can make a lot of earnings that can save our future while you are still young or at the early age it is better to make investment so that in the future you can quit your job and take a rest for your entire life and enjoy your living routine that minding the number of money you will need to save also it is a good trait that we are saving a lot of money because this may practice us to support ourselves and become an independent person that can sustain our daily needs. Always enjoy your life and don't sacrifice your health and self just to earn a little amount of money. |
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We can expect the the Asian countries are now pro crypto, and this is indeed a great news as South Korea is a great contribution to the adoption of crypto.
Bitcoin will lead the way again to a new bull run, this kind of news has a bigger impact in the long run and that will make bitcoin more bullish.
That was a huge impact today that one of the largest country today are already accepted the use of cryptocurrency and this is a good news for everyone today one by one that all of the largest countries now are adopting the use of bitcoin because they know the potential of the use of bitcoin as a payment to our bills, sending funds without hassle and also it is more secured than going into the banks having a lot of money and now we are using the bitcoin and pay all the things we need to do in just a single device and it is already done. We are hoping to make more future profit with the huge acceptance of the South Korea to the world of cryptocurrency and to the bitcoin. |
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One thing that OP needs to understand is that it was Satoshi's vision to create Bitcoin as a digital currency to be used as a payment method in our daily lives but the design of it currently does not make it suitable to be adopted by over 7Billion people in this world. That would certainly jam the network but with the development of Lightning solutions, we hope to see confirmations made as fast as possible. So now bitcoin suits more as an asset than a currency because only a few people actually use it to make purchases.
Many people today are using the cryptocurrency or the most popular bitcoin because it is faster to transfer funds and also efficient than the use of the traditional way of transferring of earnings and profit, some of the people today are still afraid to the use of cryptocurrency because they know the misinformation came from the other sources that it is illegal, can cause of hacking and more but the truth about this bitcoin is its created to the future that we are heading towards on it, all of the transaction today are faster than the old way and also it is more secured because all of the transferring of funds are monitored also it is just for both parties that sending their funds and every transaction with the bitcoin is included with hashing or encrypted and the only one can decypher is the receiver. |
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At the moment BTC is holding its ground and I believe if things get really bad with corona virus BTC has a real chance for mass adoption. If corona virus gets really bad there will be leave without pay, global recession etc!
That's right i'm pretty sure that bitcoin could be one of the best safe heaven to cure the effect of the coronavirus to the country's economic growth especially that the impact of the coronavirus that has been occurring right now will become more outrageous. Maybe bitcoin is one of the key to lessen the bad impact of the coronavirus to the economic growth of one's country and also i'm pretty sure that there would be a massive adaptation of bitcoin due that many people assuming that it is the safe haven of the virus negative economic impact. The virus is continuously spreading around the world and many people today are going to migrate just to avoid the spreading of this virus some of the people came from different country that is affected by this virus are connected into the world of cryptocurrency or the bitcoin and some of them are pulling out their money or funds just to transfer into different places, that kind of action is quite disturbing with the use of bitcoin too because we are affected now by the economic price of this kind of problem, still the other country today and the world of health organization or the who are now making a cure to the virus but still it is better if the different country today is going to lock down those cities that are affected on it to make sure that the virus will not be spreading. |
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Have you ever been concerned about Bitcoin's longevity in the mainstream world as a decentralized cryptocurrency? While BTC has been going strong since 2009, there exist the possibility that it could vanish from existence sometime in the future. After all, we know that nothing lasts forever. My guess is that once governments start circulating their own digital currencies, they will try to crackdown on Bitcoin and other cryptocurrencies as we know them. It's no secret that the entire crypto space is largely dependent on centralized infrastructure (centralized exchanges, centralized wallet services, etc). People will not want to use something that's considered "illegal" by worldwide governments. While it'll still be possible to continue using Bitcoin regardless of government bans, regulations, etc, not many people will support it (only libertarians, geeks, anarchists, etc.). By that time, it'll be nearly impossible to get access to Bitcoin with Fiat currency or even exchange Bitcoin to Fiat (as the government crackdown will make all centralized exchanges to cease their operations). Considering that governments want to stay in power, they'll do anything to force people to use their Central Bank Digital Currencies (CBDCs) instead of any other alternative payment system. If that happens, Bitcoin will be doomed. Do you think that we're close for Bitcoin's End Game to happen? Will it ever happen? What are your thoughts?  I am also concerned that this time will come in the future, knowing that most of the governments wants to have a control over the digital assets that will be use in their respected country. Once the digital payment will fully replace fiat someday, there is a big chance that what you have said will turn into reality. Once almost all the governments will unite in banning or exchange crypto currencies into their local digital currency, the crypto users will surely face difficulty in cashing out their money from crypto currencies. Once it will happen, the era of crypto currencies will likely to fade slowly but if all the governments will not prohibit the usage of crypto currencies then crypto will be part in the future modernization. Many people right now are using the cryptocurrency for their transactions because we all know that the crypto is one of the fastest and trusted transaction that's why many people today now are using this to transfer their funds to make more earning and today there are some countries accepting the use of it and that was a great news to all of us because the market price of the bitcoin will go up rapidly again because they are now allowing to use of it, still there are some countries does not want to accept the use of bitcoin because they are afraid all the things may happen with the use of it because they think it is not secured. But to the other country allowed it there are some instance because they need to limit all of the transactions to avoid having a large amount of data and funds transfer to an unknown device or user, still, it was huge if the bitcoin will end soon, many people will affect on that and their earnings. We are looking forward to making more profit with the use of bitcoin and I think it is not the end we are just heading to the future. |
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I'd love to see some companies that accepts Bitcoin or other crypto when it comes to renting a car but I don't think that Bitcoin holders are likely to use their Bitcoin to rent a car.
Although there are some who agree, there will be some who are against this kind of idea for some reasons. For me, I would love too use Bitcoin for renting a car but at this moment I don't have any interest in cars so renting a car right now is not in my mind.
Today there are a lot of transaction uses with the cryptocurrency and it is now widely spreading and get a lot of market profit by the help of the crypto, some of the people today use this to make more earnings and some of them use for their businesses and one of the good adaptation of the use of cryptocurrency is the acceptance from the different countries like the china and south Korea that huge country now support the use of bitcoin to use as a transaction money. Still, there are some countries does not accept the use of it because they are still doubting about the effects and the security of the transaction of funds, we can now bought foods, other kinds of stuff and pay for bills with the use of bitcoin but the market price of it is not fixed as we know and it is risky to use because it is volatile and decentralized too. |
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That word "FREE and Give Away" it is really catching to the eyes of the people but somewhat like they don't realize what was the end of this or something behind that. This is how some scammers tried to attract users and investors and it for sure many will be caught into this.
And what happen if they don't reach their target participants? Do they still give $100 worth of bitcoin for return? It is just given to the doubt that might not and you have just lost you $299. People should be very careful in this kind of work and must have to listen what the other say's before taking action.
One of the good marketing strategies by the people who would like to caught the attention of their target audience is the word free and give away because most of the time we want to get a lot of information, advantage and also earning with the use of these words. Today we have different ways of earning a lot of knowledge with the help of the internet because by the help of the search engines we does not need to take a lot of time to find the information with the use of network and peer to peer transferring of files and information came from the different sources it is already compiled in just second, and it is good too if you have a lot of sources that you will use this to avoid losing time to make earning. Also having talks or orientation with the help of the introduction of using bitcoin is good too because they are getting a lot of information that we don't know that came from the other users and base on the experience by that knowledge too it can help towards to our earnings. |
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"World Peace" is something that does not depend on an asset or a physical thing or any particular thing.
It will only be attained when everybody has inner peace and truly believes in each other.
Only when we understand each other and respect each other's values in order to help each other and solve problems, we will be truly achieving world peace.
Many people now are using bitcoin and other related coins like cryptocurrency because we know the potential of this coin to make more earning, and also, this coin can give us a considerable market profit for the next coming years of the transaction. Still, today we can use the cryptocurrency especially the bitcoin to make more earnings because it is like our currency from the different country it is just a fiat currency that converted into digital currency or online money because it is faster to make more transaction with this kind of process also it is less hassle and does not take too much queue management for the sending or transferring of funds. In relating to the topic, if bitcoin will help to decrease poverty to the world, it may help a lot, but if not, I think it is just for faster transaction, we have different thoughts about it, and this is just my perspective only. |
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