A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.
I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share
Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?
Market may be evaporating, but this is the characteristic of Crypto. I advise you to tell him not to worry because things will soon return. Continue to choose Bitcoin as a way to save his son. What he may feel is the choice of Bitcoin is right when it reaches the high value in the future. |
|
|
|
So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!
Do not worry about these problems, the algorithms need to be perfect if you want Crypto to grow. Bitcoin is invaluable because it is more valuable and more accessible to evaporate than other Altcoin. Every investor is interested in profitability, and they do not care about the perfection of the platform. |
|
|
|
|
It is quite difficult to spread Crypto across the world. We need an organization for Crypto and need this organization to hold meetings to introduce it to the world. We need to promote it in the media world to help it reach out to more investors.
|
|
|
|
|
I just told my friends: Crypto is like the best way to hide your wealth, no one can know and control their money. Transactions are transparent and do not need to be passed on to any third party. You can quickly deal with people all over the world wherever you want with just the internet.
|
|
|
|
|
The ban was mentioned by the Indian government a long time ago. But bans have yet to be enacted in this country, with many countries issuing bans on Bitcoin and Crypto, but that still can not restrict and control investors. The nature of Crypto is anonymous, so the ban does not control everything.
|
|
|
|
All my savings are currently in BTC and all I can safe in future will go into BTC as well.
I will NEVER return my money into a bank. I have no any intention to ask 3 to 5 days before a large cash-out, to pay taxes when I do receive MY money into "my" bank account, to pay taxes to STORE MY money in "my" bank account, to pay taxes to use their terrible internet banking to operate with MY money, to pay additional taxes for various transactions, to pay ridiculous fees for every paypal transaction and/or withdrawal, to wait a week for approval on a large transactions..
I have no any intention to get surprised one day with a bank account locked without notice; with transaction blocked by some reason, with funds frozen because some someone decided the origin is "unclear"..
NEVER AGAIN!
I do not care if the price of BTC goes to $1 or ¢1, it`s enough if I will be able to operate with it for every single purchase and for all of my needs. Untill that day comes I will never return MY money into a bank! If all I have become to a value of ¢1, it`s fine! I will have MY ¢1 FOR REAL, instead of unclear value is someone else`s bank system, created in order fiat owners to make more fiat only because they already have fiat.
Ignore all the notion of collapse and breakdown of this bad market, believe in it and believe that HOLD keeps things going. I guess many investors want to be a Holder because they know this helps the market to reduce the risk and will come back. |
|
|
|
Doesn't SEC have control only on the American market sphere?
If yes, How does it really affect the whole crypto market given that it's not only America involved in crypto more-or so most ICOs that were held were mostly avoiding investors from countries that seemed to have some tough regulations on them such as the US and China, to mention but a few.This means that most of them will get away with it. This reason for the current heavily bearish market doesn't add up.
I realise that the SEC is really the destination we need to overcome to help the market get back to the president? I find that there are many great powers involved in Crypto and creating a lot of ICOs, the control and the requirement to return money to all investors is impossible. In particular, there are certain risks in economic investment. |
|
|
|
Money is what the society accepts to be money. Human history has seen so many transformations when it comes to the subject of money.From barter trade to fiat money and now digital currency. But some nations are so rigid to change.well they will all regret soon because no country can stop cryptocurrency.
Fiat is the result of growth in the economy throughout society. But to be able to help society grow more we need to accept change, and this can help everything go beyond goals that it does not achieve. Crypto can help make things even better, but the first thing we need is to accept it. |
|
|
|
|
Starting a fund-raising on the Blockchain platform is a trend that almost all start-ups are choosing. Choosing this platform helps them to raise more capital from investors, but regarding performance, it requires too much of it when investors are not interested in the product that you develop. They care about the profits from the tokens they receive from the Blockchain platform you create.
|
|
|
|
I wouldn't say "nobody is buying them". But I am sure a number of people are waiting for a likely bottoming out in price when they should be buying a certain amount every month regardless of price.
Just like what you commented, people are waiting for a new maximum fall. People are still there and are waiting for the lowest price they can get this month before deciding to buy Bitcoin. Investors are not interested in what is happening because they are still waiting for a good price to invest in Cryptocurrency. |
|
|
|
Hey guys,
I got a few questions, i'm interested in knowing what people in the crypto industry may be worried about. What fears do you have in regards to crypto?
What would you say is in the back of your mind and pops up at times, a concern you have in the industry? What is it that makes you worry at times?
In all industries and markets there's certain concerns and fears pertaining to different issues, i'm curious to know what people fear in the crypto industry? Why?
What are your pain points in the crypto world?
If the answer is the obvious, afraid it goes to $0 etc.. then tell me why? what impact would that have on you, give me a explanation of what effect that has on you and in what way it concerns you, beyond just going to $0? I'm wanting to understand what the fears and impacts on people lives are in the crypto industry, obviously losing money because it goes to $0 and you become broke is an issue, but why? Explain it a bit more to me if thats your answer.
The most frightening thing is the primary resistance, which makes the market fluctuate abnormally. In particular, it makes investors fear and fear that they will withdraw from Cryptocurrency. A significant influence from the government is what should eliminate. |
|
|
|
There are many mems about crypto but i like most that one about Fud or ETF ,where boy says "see noone cares" ,so what i want say all that news are FUD but every FUD can effects one time only afther, noone cares.
You may not be interested in what this proposition is, but it is still creating the FUD wave, and you should know that there are a lot of things that impact Bitcoin. But do not worry, because Bitcoin is now again exposed to ETF SEC, so we still have a lot of opportunities for Bitcoin's future. |
|
|
|
|
This is a comment, and I'm sure Bitcoin is never more stable than Altcoins. Following Ripple's statement that detachment from Bitcoin's influence demonstrated that Bitcoin could not affect them. In the future, Bitcoin will become increasingly unstable, and Altcoins will become more stable.
|
|
|
|
Wishing you a very good day, I am a lover of blockchain and cryptocurrency. Haiz! But I'm not happy, when I wake up and read bad news about bitcoin, most of them are bitcoin related scams. I wonder when we can manage bitcoins avoid cheating and fraud, if I'm a normal person do not know about bitcoin, I certainly would not want to find out about it when the news I read about bitcoin is mostly negative as scam. The good news about bitcoin is minimal, mostly on blockchain technology, not many people understand the relationship between bitcoin and blockchain. All of this leads to bitcoin being difficult to accept as a payment method, at least for the moment. These are the articles I read this morning: https://cointelegraph.com/news/report-google-g-suite-twitter-account-compromised-to-promote-10-000-bitcoin-scamIt does not involve fraudulent behavior, as it does not support these. Bad guys are using it to attract others and try to cheat on them. Bitcoin does not want this to happen, but the bad guys try to use it as a tool in their bad jobs. |
|
|
|
I think this can not happen because the appearance of abnormalities, service publishers will try to change it to fix the defects of the system. Do not worry that all the troubles will be solved and not worry about what will happen. |
|
|
|
|
Bitcoin may be declining every day, but its value is several times higher than in 2017. It is falling so much that banks are trying to capitalize on it to create FUD, I believe it does not affect Bitcoin. Because it has overcome too much trouble so this trouble, it can easily exceed and quickly recover again.
|
|
|
|
Hi guys,
I am currently working on a research on bitcoin and to proceed, I need some answers as to people's motivation behind investing in bitcoin. Could you folks please help me by answering my questions? Would appreciate your comments!
Q1. What are your main reasons for investing on bitcoin?
Q2. What do you use bitcoins for?
Q3. Where do you see bitcoin headed going into the future?
Q4. What are your main concerns while holding bitcoins? Do you fear the backlash from society, environment (online/offline), safety features, regulations, market factors, etc.?
Thanks all!
I invest in Bitcoin because it is one of my hobbies and it is also a potential investment. I use Bitcoin as a valuable reserve when its price increases. I do not see anything that contradicts Bitcoin has a beautiful future, I only believe in it. Bitcoin built by Blockchain technology and this technology is safe so it can not hack. |
|
|
|
|
You may find that the use of deposits at banks to convert unlawful funds becomes very legal. The application of Blockchain helps transparency in transactions and can quickly check the source of the trade and control it easily.
|
|
|
|
COMPANIES IN JAPAN PAYING SALARY IN BITCOIN
This is very good for bitcoin and also altcoin if all contries like Japan become crypto friendly then crypto world be amazing for crypto lovers and many will become millionaire and billionaire
I wonder which company in Japan is doing this stupid thing? I realise that using Bitcoin and Altcoin for paying employees is a risky thing. You have to buy Bitcoin and Altcoin before the liquidity, so in a few hours the market can fluctuate and affect the value of the company. |
|
|
|
When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?
bitcoin is still the same as it used to be, it still remains for people, even though in fact big financial companies dominate, we can still take part in the games they do. Bitcoin may be moving more and more to big companies, but individuals can easily own it through exchanges like Binance, Okex, Bitfinex. Bitcoin's general practice demonstrates that everyone can own it and use it. |
|
|
|
|
Show Posts
