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Applying for ★☆★ 777Coin Signature Campaign ★☆★
User: markleal
Position to Apply: Member
Posts Start: 412
Address: 16Z9GtAehyaMZe42LMakxvRtq1koeXKPYh
Hope for your consideration.
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Hi there aoluain, three years ago the bull run failed to reach the $20,000 mark. But this year I am foreseeing that it will surpass the price that everyone is looking for. But, ironically, it could be more disastrous than three years ago. If the $20k mark has reached there are more people that are on HOLD will be pressured to SELL.
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Hi there zaupa!
First of all Welcome to the crypto world!
My advise.
It is true that some banks do not allow you to use your own money to buy cryto. The solution just ditch those banks, and use forward thinking banks that allows you to deposit and withraw cash for the crypto.
Second, exchanging fiat to crypto always comes with a different method and even different mode. Search in your local area for what is more applicable.
Lastly, enjoy!
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Btctalk name: markleal
Rank: Member
Current post count: 407+1
bustadice Name: marklealbtc
Wear appropriate signature: Done
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Something is quite interesting to others thus they give false and negative feedback but the reality behind, they support it and look for a way to use this technology. In the future bitcoin will be generally accepted as a common medium of exchange.
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments... The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness?  Hi there Games.Bitcoin! You are absolutely right. In the Billion of people living in this world, there are only millions of people that have heard or read all about cryptocurrencies. Given the fact that there are people living in the third world country where the basic necessity of living is still lacking, but still. Even a single word about bitcoin is never been heard before. In terms of people who have known, there could be some who are not dedicated to teaching others what they have learned. Maybe some are afraid that the person that whom they will teach will become more successful than their fortune. Nevertheless, it is good that we have a forum like this so that new investors and members could have freely read and asked all about cryptocurrency. |
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Germany recently approved bitcoin, why exactly is the approval required and what will happen after approval ?
Hi there BTC.Turtle! The approval is not actually, an approval to use bitcoin in that country. It is an acknowledgment that there are people in that country that could use, mine, trade bitcoins. If you have heard about sanction, that is the opposite of that. The government could issue a sanction to a specific item product it could even be a flower or toothpick. That sanction is a ban in order to protect their citizens from untorrow incident or bad situation. The government of Germany, sees that bitcoin could use a form of currency which then be used as a payment for a product or service. |
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Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
Hi therer asdnguyenthanhtin! I agree with you about that. People sometimes got scared, even posting to the forum that the price is slumping down again and they are asking advice if they need to sell their bitcoin right away to prevent more financial damage. But there is something that people won't understand. When the price is low that is the chance to make the purchase, and when the price is high, that is the time to do the selling. But sometimes, they are overreacting to a sudden up and sudden low. The thing is, just continues minimal income is sometimes more profitable than a huge one trade job. |
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Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted. Starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings. https://news.bitcoin.comHi there First77! Great news, it is just an example of how other website sees bitcoin helps other people lives but it could also generate income for their company. Imagine how many companies are advertising in this forum. If those companies start to campaign on Facebook, there are huge more potential clicks and view they could receive in a day. But I think there could be another thing which facebook lift its ban. Because they could even create their own coin, which could be used on their own platform. And wolla, a win-win for all. If a certain company want to advertise on Facebook, they will need to buy some facebook coins, other could even use those in games and the like. |
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As we all know that to make optimal profit here in cryptocurrency specifically in investing bitcoin is to buy low price for bitcoin and sell in higher price. This is why others think that holding is the best way to earn and in fact they are right. So for those who are still eyeing to invest in bitcoin this is a call for you to invest now while market price is still low.
Hi there burakdat! Is this a calling or you are inviting new investors? There are a lot of people who have already invested in bitcoin in a few months later, specifically during the last December. But the worst thing came and those investors who bought bitcoin at a low price did not receive any profit until today. Thus, the tendency is to detach from investing in bitcoin and to focus on another form of investment. In order to encourage anyone these days, the price should be climbing up once more again with a certain momentum, like just what happened during the last October to November. If that increase happens again, there are new investors that will buy more bitcoin and will make the price high. |
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I think our main problem is the huge electricity expense induced by mining and its noxious effect on the climate. This is, to my mind, the only serious argument against Bitcoin.
Alleviating the electricity expense should be one of our priorities. If we do not do it for the sake of the Earth (which we really should) we should at least do it selfishly because governments will not tolerate this forever and they will be right. The more the exchange rate increases, the worse it gets, of course.
Some solutions exist though: first there is proof-of-stake, of course. This technology may be too young to be deemed reliable enough but we should at least start considering it.
If we do not like proof-of-stake I think we could drammatically decrease the electricity expense by stopping monetary creation now. Nowdays Bitcoin is famous enough to remain secure even if miners earned transaction fees only. And if as a whole there are 16.5 M coins instead of 21 M, this does not make much of a difference. That is even good for holders. To make miners agree with that solution, they must be compensated for their lost income. More precisely, active miners must be compensated because they have already bought ASICs. Futures miners do not need to be compensated. Since mining is a competitive industry, future miners will make no profit on average, whatever the reward scheme. To compensate active miners we could decide that the next 2016 blocks yield, say, 100 new coins and then 0 forever. Everybody would win and the Earth above all!
There are probably many other solutions and I wish the community cared a little more about this fundamental issue.
Hi there benjiw! Yes indeed, mining bitcoin need a lot of power or energy which mostly came from a diesel power plant. Other have utilized nuclear power plant which is also hazardous to the environment. But recently there are a lot of miners that are transitioning from coal, diesel or nuc to a renewable energy. I am talking about the solar and wind energy. The initial investment could be much higher than the common source or electricity but it would be more rewarding after three or four years. Those miners who use renewable energy could have much higher income compared to those who are on the grid. Additionally, those miners help to prevent global warming. |
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Bitcoin was the first blockchain based cryptocurrency and is as yet the market pioneer in view of market capitalization. However, even as the benchmark in the crypto ecosystem, it remains exceptionally volatile. Your opinion about the Future of Bitcoin...
Hi there main320! Have you see the bitcoin price lately, after December fall the bitcoin price doesn't move much. That means the bitcoin price is quite stable by now. But since it has a huge value, people see its volatility as a huge change even if the price hike or decrease is a couple of percents only. Yes indeed, bitcoin price is so volatile, but it couldn't be the only reason why people are not fond of it. There are several private companies that are accepting bitcoin as a payment but there are still more of them that don't see bitcoin as a future. However, even you see the price charts from the past until now, bitcoin price is still considered climbing rather than declining. |
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In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.
However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
Hi there Robert543! First of all, Ethereum is considered as an altcoin. Anything aside from bitcoin is considered as altcoin. I believe that no single company could ever control all or several altcoins, most likely the bitcoin. Even though there are thousand of altcoins, each coin could be considered unique with each other. Some coins, focused on smart contract with specific product or services accompanied with. Some even focus on rewards and incentives, while other focus on trading to ensure the level of the market. Additionally, there are coins that are more considered in terms of mining. Because all of them could be different there are tendencies that each coin could have different price trajectory. |
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The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?
Hi there Leo Barnes! That is a huge leap since IMF consists of almost 190 countries that work together in terms of monetary cooperation with each other. I can't help my self just to see the picture and read the full article. which could be found here http://www.imf.org/external/pubs/ft/fandd/2018/06/impact-of-digital-technology-on-economic-growth/muhleisen.htm It's a publication issued last June about the benefit of the digital currency. It discusses how the digital currency is so effective that it could minimize the risk and create broader benefits to the employer and employees. However, it also discusses the dangerous effect of bitcoin in the society like utilization of it in illegal activities. At the end, the author suggests that if there are good government policies, the cryptocurrency could make its way. |
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Hi there gold1112! Great job, I never thought that bitcoin could reach even at the top 10th most place in the currency popularity. By the way, where did you get those figures? Hope you could share the link or facts. I think bitcoin cannot be at the top most of the currency, there are a lot of hindrances ahead. Most of the country didn't even recognize bitcoin as a legal tender but some have recognized it as an asset. But I think bitcoin could surpass the rupee and could step higher to the third or maybe the second step. People nowadays, still depend on fiat, and if that way of living last longer it would be hard for the bitcoin to reached the no 1 spot.
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I know that not all the people out there had gain in bitcoin investment and some of them are losing their money and made a wrong decision which is to sell their bitcoin in low price. So their money was being compromised and that is unfortunate event for them to happen. However, i know that there are also smart people out there who are patiently waiting and now gaining in their loss since they had already the confidence on facing the challenges on. As we all know that all investment has its own risk and bitcoin is no exception for that. Somehow these smart people had already recovering their loss. I just want to figure how they manage to recover it from the fall down.
Hi there jademacoy! First of all, there could be two kinds of loss from bitcoin. The first one could be the actual monetary loss. If someone has bought bitcoin in a certain price and sell it at a much lower price because the price won't increase and he needs a cash. Then that could be the actual monetary loss. I think in order to recover from it, there could be another two things, first is to invest again and be better next time and another one is to regain the monetary loss from other forms of investment aside from cryptocurrencies. The second type of loss could be the paper loss. This happens if someone is still holding on a bitcoin even though the price of it is relatively low from the bought price. In order to recover from it, the famous term called hodl could be used. |
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In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?
hi there daoquanghuan! Yes, bitcoin is valuable assets, some see it as security while commonly, most of the people see it as a very good investment. Even there are a lot of issues in bitcoin, from legality to usability and even transaction speed. Still, bitcoin dominates among all the cryptocurrencies, it also remains as the top one in terms of community support and price. Imagine an artist without a supporter of a fan, it could be compared as nonhigh value. But when something that is trusted by many, done by many and wished by many. It turns out that that thing could be very valuable. If it is no value then people could easily trow bitcoins away. |
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While there are several nations which are passing laws against crypto world. Thailand has entered the list of the nations which have legalized crypto currency. Thailand is mainly dependent on tourism industry. So I think it is wise decision on t he part of a country where major source of income is from tourism. So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
Hi there virendarnagpal! It is good to know that Thailand one of the Asia tourist destinations accept bitcoin as a payment. If it is true then it could also be better than the local company embraces the bitcoin era. I know that there are with some unpleasant wrongdoing that also legalizes in Thailand, that is what I think that their government is open-minded to things that could potentially elevate the country in terms of income and global GDP. To the op, I think it could be better if you could include some useful link that will concrete the claim. And to further read something about the good news you bring. |
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