I know about crypto and everything in general but I am having difficulty to understand one thing about it. Why crypto or bitcoin is better than money ?
I mean I know the block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High.
This Crypto trend looks more like share market company evaluation rather a legitimate currency. Moreover all government have there own currency, goverment cannot let that sink and can ban these. Can someone explain to me the value of Crypto as a currency when compared to real money ?
Talking about currency comparison in crypto with real money, it has a different definition. digital currency is primarily used as a stock or asset that is very valuable with the potential for profits to be doubled from its original value. while real money is a fixed value and the potential for growth is normal above average, inflation is common. Broadly speaking, digital money is like goods being traded and while real money is a legal medium of exchange to buy these goods. |
|
|
|
I don't want to sell my bitcoin. I have accumulated some bitcoins since 2018. I have not sold. But I will sell my bitcoins when the market goes up to 70 to 80 thousand dollars.Currently Bitcoin has pumped a lot. Bitcoin prices today 44271$.
I don't blame those of you who sell today and I don't blame those of you who keep it for a long time, it's up to each of you. You have your own view of the future assets you have, like what I think today. currently bitcoin has penetrated $44,524 in the FTX market and in other markets as well. in one day the bitcoin market price correction occurs, there is also a price pump. You can take advantage of those gaps. |
|
|
|
|
bitcoin is held by the world's leading investors in large amounts. I believe the movement of bitcoin either up or down is determined by a special pattern designed by their community.
there is a pattern in the form of moving with positive issues and there is a pattern for lowering prices with the issue of failing to adopt the company or so on.
so both patterns are very much made by those who are able to control market share.
|
|
|
|
|
bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.
|
|
|
|
there is no reason to say bitcoin is bad for the environment, only some people say bitcoin is bad for the environment, bitcoin has long been founded by satoshi nagatomo, why only now there are so many debates like that, if bitcoin really damages the environment why not prevent it in the first place..
Most times the people who says bitcoin is bad for the environment say it out of ignorance, most of them have little or no understanding about bitcoin and possibly just take any Damn bad news there hear about bitcoin. I can proudly say bitcoin adds value to the environment, check out in some countries where there are lack of job opportunities, crypto trading and investing in bitcoin serves as a self employment to their citizens thereby reducing the rate of poverty. cryptocurrencies don't harm the environment like you said. With the existence of cryptocurrencies some of them have reduced their actions in the environment, some of their time is just to monitor the future growth of the market. On the other hand, they have indirectly increased the economic growth in the environment they live in. |
|
|
|
I don't think we will get a golden opportunity anymore. If we look at Bitcoin, we can see that Bitcoin is between 30 thousand and 40 thousand dollars. Bitcoin currently exceeds 43k $ Exceeding.I think the price of Bitcoin will not come below 30k $ so we will not have a golden opportunity to buy Bitcoin.
op asked can we get another golden opportunity to buy? the question was asked on February 11, 2021 where the price of bitcoin was very high, so I said this was my second chance after buying it back after the question was asked and it's almost too late to buy bitcoin, because bitcoin has started to bounce back. |
|
|
|
Lots of people are still clueless about Bitcoin. Some of them see it as a scam and we can't blame them for that because scam advertisements are everywhere on the internet these days. Some of them are also afraid to take the risk of crypto investment and they still need enlightenment about the benefits of Bitcoin. I believe that the best time will come where people would be eager to know more about Bitcoin.
I can categorize them into two parts: first, some of these people are often scammed by similar or profit-based companies. when they hear bitcoin they think it's the same as the company that has lied to them. so reluctant to know and learn about bitcoin. the second type they do not understand about the internet base, let alone digital based, such as platforms, markets and so on. |
|
|
|
As bitcoin price rise to $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.
What are your takes on this?
now bitcoin has crossed $43,000 just waiting for $45,000 this week. maybe the end of august bitcoin will break $ 55,000, it looks like the hopes of all investors will begin to be achieved. the market price movement for bitcoin is really very significant for today. Will this continue to survive or will it continue to penetrate the next stronghold. |
|
|
|
The calculation of compounding interest has one component called "time". The longer the time, the better the return. If you eliminate time, the compounding itself becomes invalid.
However, for bitcoin, things are little different. Definitely, time is an important factor here as well. But the extreme volatility is very much unpredictable. That makes it riskier than traditional assets. So I don't think bitcoin and compounding of interest is even comparable. Both has their own unique benefits and negative points as well.
So instead of comparing, it's good to enjoy the benefits of both!
he is right. bitcoin with compound interest has a different system. bitcoin uses a market system with high risk and doubled profits while compound interest uses a double system with profits that can be predicted by investors every month with a profit sharing system (dividends) |
|
|
|
Do you know that after reading the subject topic I thought I will open it and see a different story but I was flabbergasted really seeing it's true. This is really a positive development as well as awareness for bitcoin.
Big businessmen have seen the light for the future of the company, bitcoin has become their hope to take one step forward. they have started to adopt bitcoin and become a medium of exchange in transactions at every opportunity. some countries still refuse to use bitcoin, but big companies I don't think they are stupid, will definitely adopt bitcoin quietly and become company assets in the future. |
|
|
|
It is already a currency between major people who wish to accommodate Bitcoin as a payment option for their goods and those who are spending it to purchase those goods from the people accepting it. However, the volatility of Bitcoin is on a high scale for any country to accept it as a legal currency replacing their traditional owned currency. The best any country can do is to follow the same principle as El Salvador. The most optimistic result so far has to be fact that it is a powerf house of transaction involving only the receiver and the sender without the interference of third parties.
as you said it's true and I'm not criticizing it. but to be a valuable asset or a kind of stock that can be bought and sold in the market and worth more, I think it's very good and optimistic. Moreover, it can be used as a medium of exchange in large companies. bitcoin will be the largest asset that will be adopted by countries, although it is still resisting. |
|
|
|
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
market conditions are silent this indicates something will happen in the next few days. so get ready for the next move, will bitcoin go up or bitcoin will fall again at the $30,000 level. I expect bitcoin to rise again and possibly break $45,000. |
|
|
|
If you mean by safe investment that there must be profit, then I would say that no coin is safe for investment. Because no matter which coin you invest in, there is a risk of loss. So we have to learn how to make the investment safe first.
for me it is safe, when I am able to keep my emotions in check when the price falls and not sell as soon as possible. If you are a person who has a panic selling nature, I don't think it's safe to invest with high volatility. invest in BNB for a very good time, because transactions using bnb, so the level of need is very high. |
|
|
|
Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
The two crypto (bitcoin and Eth) are the two most popular crypto today and it is very difficult to determine which is the best between the two, but in terms of technology they both run on a technology called Blockchain, which is a ledger for recording activities that cannot be tampered with , so that with its decentralized concept, there is no central authority that can regulate the two cryptos, but there is a slight difference between thereum and bitcoin, namely ethereum uses a concept called smart contracts. In terms of function and usability of course we all know that the two cryptos have almost the same use, namely as transaction fees, investments and others but I personally prefer bitcoin as a long-term asset, while ethereum I prioritize as a short-term trading asset. ETH or bitcoin? I think both are good and good to invest. good or not both depends on how you understand the movement of both. you estimate wrong, then you lose, correct in estimating and buying at the right time and selling at the right time, I can guess you are a lucky person. |
|
|
|
After dropping for several weeks, the bitcoin price finally managed to touch the $41k level. One of the reasons for the increase was Elon Musk's tweet. In his tweet, he said energy consumption and environmental damage accompanies bitcoin mining. Musk said that his company may return to allowing Bitcoin transactions if there is confirmation of the reasonable use of clean energy by miners with a positive future trend. Thus I predict the future price of Bitcoin will be $100,000.
everyone expects bitcoin to break through $100,000. I'm very happy to hear that, besides the growth of bitcoin, many people get rich suddenly and become big investors. but on the other hand many people are sorry because they think bitcoin is over and they don't provide supplies when the plane reaches the moon. |
|
|
|
Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.
what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell. |
|
|
|
I think the outlook for bitcoin may look bleak at the moment but historically this is just another hurdle for bitcoin to overcome and is a minor hurdle compared to the past. A number of negative sentiments pressured bitcoin prices during the week. This started with China's steps to tighten the use of crypto money. However, I am sure that the bitcoin price will move to a new ATH in the future.
bitcoin will always live, even though China continues to tighten the use of bitcoin in its country. because currently several countries are at war with the market, one of the factors that can affect the country's economy is the level of adoption and use of the value of the digital currency, namely bitcoin. |
|
|
|
Unfortunately banal or not it really worked. I understand that these type of news making the headlines and causing the price to go up is a horrible thing for all of us, however at the very least we are talking about something that is bringing some life into crypto and that is not something we should let go that easily.
I personally like it when the price is not dropping, and this is came in exactly at that time, price was falling like crazy and we ended up with the news and the price started to skyrocket, I am not going to be upset over something that I have zero control over that helped me, I would be maybe upset if it dropped the price even more, but since I can't control it in that case as well I wouldn't really get upset about it neither, not like I caused anything, so why should I care? I am not selling neither so it should not really bother me.
I don't believe in rumors that are not clear and people say it should be seen, maybe people who don't have assets in cryptocurrencies. so it's only natural for him to make a rumor that is not clear, because he has nothing to lose and he's just looking to gain from the other side, it's good not to be easily influenced by rumors like that, then panic sells together. I was angry to see that. |
|
|
|
Why is bitcoin so valuable?? my answer is very simple, because bitcoin is the king of all coins, so it is natural that the price is more expensive, bitcoin can also be said to be in limited supply,, the beginning of the emergence of bitcoin is indeed a lot of doubt, but over time, bitcoin grows and many hold bitcoin, After several years of bitcoin's presence, other coins automatically appeared, it can be said that if there is no bitcoin, maybe other coins don't exist either..
to be more precise bitcoin is the grandfather of other altcoins. bitcoin is older than other altcoins and the market is more plentiful and reliable. From another concept, bitcoin is the figure that influences the movement of other altcoins. so clearly bitcoin is very valuable and valuable than other altcoins, the measurement and determination of the market is determined by the price of bitcoin. |
|
|
|
Just recently Amazon denied the widespread assumption that they will accept Bitcoin as a payment method. However, it looks like they’re thinking of it as a possibility. I wouldn’t rely on anything Tesla has to say, because during the past half a year they’ve changed their mind too many times  Amazon, on the other hand, may be taking their time to make a decision and evaluate all the risks. But once they do, I’m certain it will be final and we won’t see them running between sides, because they value their reputation. I strongly believe that it is only matter of time before they announce about crypto acceptance in their payment system, Amazon in particular. Maybe even before the year ends there might be some kind of development here even if they denied it for the moment. If they see other merchants accepting crypto, they may consider it soon. - As for our selves, crypto users can be rampant everywhere when this is the world we see all the time but Amazon has a different basis for defining things, that means they have employees who survey users' need to pay in crypto and survey numbers are rarely made public but in my opinion, not too many comments or requests for support, such results allow Amazon to stop human resources for this issue. Adding payments with crypto is a problem that requires Amazon to account for a lot of costs, not available to all users, many other strategies worth considering than crypto I agree from your point of view, that Amazon hasn't announced the acceptance of crypto in their payment system yet. but to receive bitcoin in their system, it took me a long time especially the payment mechanism and the availability of bitcon in their wallet which is sufficient for the transaction process. |
|
|
|
|
Show Posts
