 Show Posts
|
|
Pages: « 1 [2] 3 »
|
|
The risk is probably not that huge. It's unlikely that bitcoin falls back to $700 but imagine you've sold your house and everything in it, bought bitcoins and then they fall only $1000. It's not a 10 000 decrease but still in your mind you'll be very disappointed because the loss will still be huge. Cryptocurrencies volatility makes them a very risky field of trading. Suitable only for those who enjoy risk
|
|
|
|
|
It may seem very tempting but also extremely risky. The world has seen many crises when people did stupid things trying to earn easy money and lost everything they had.
|
|
|
|
It's a very tempting idea for sure! But scary, far too scary.  |
|
|
|
|
It is truly incredible! 10 000 already seemed impossible but with the current rate, you can really expect anything now.
|
|
|
|
The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. Whilst the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. Read more: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory. |
|
|
|
Although there is nothing that can stop a government or central bank from banning Bitcoin (& a few have already done so), most would not go that far for two reasons: - The Streisand effect - A ban on Bitcoin is difficult to enforce. You can read more here: http://btcexchangemarkets.com/can-any-government-ban-bitcoin |
|
|
|
These articles report about the two governments contemplating the idea of blocking existing websites that provide direct access to Bitcoin. The plan to really ban a financial instrument with such a huge market capitalization is not obvious. By the way, is it realistic? Although there is nothing that can stop a government or central bank from banning Bitcoin (& a few have already done so), most would not go that far for two reasons: - The Streisand effect - A ban on Bitcoin is difficult to enforce. You can read more here: http://btcexchangemarkets.com/can-any-government-ban-bitcoin |
|
|
|
It's a contradiction in terms, isn't it? Maybe now is the time when the humanity in general needs to learn to accept the idea of decentralization. It is hard because we are more used to having this idea of a strong leader that will get us there. And we are now living in the times of big change. And soon bitcoin will find its way to develop with all the advantages of a leader showing the way without actually the leader  |
|
|
|
Yes, it's a great place to share and catch up on news |
|
|
|
|
Well, not all ICOs but you are right as there are more and more really weak projects trying to launch ICO for whatever purpose without any real value to the community.
|
|
|
|
|
Governments want to protect their citizens from scam, cyber fraud and illegal activities. Besides, they want to control the market but don't know how yet.
|
|
|
|
|
