141
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Bitcoin / Bitcoin Discussion / Re: Bitcoin - Reinforced by the pandemic
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on: November 15, 2020, 03:02:06 PM
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Bitcoin is already valuable, strong and trusted digital currency even before the pandemic. Real and wise investors will always confident in bitcoin because bitcoin has already a foundation and at the time of dump, investors will surely take it as a good chance to buy because they know it will rise again at the right time.
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142
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Bitcoin / Bitcoin Discussion / Re: The last time we saw 16K on Bitcoin price
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on: November 15, 2020, 02:33:11 PM
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I think better to hold ripple and eth now, who know next year will be there year if now is for bitcoin. Well, bitcoin is really the best digital currency to invest. Those who buy during March and hold until now will surely gain a lot.
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143
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Alternate cryptocurrencies / Altcoin Discussion / Re: I guess bounty hunters really kill projects
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on: November 13, 2020, 05:28:34 PM
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That's normal scenario that after bounty distribution the price of a token/coin suddenly drop down. But I believe that if the project has a good foundation and the team behind the project has a full support for it, then even the hunters or whales caused a huge dump, the value of token will still recover, you just need to hold and wait for it.
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145
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Other / Archival / Re: Bank Account Freezed
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on: November 13, 2020, 05:15:37 PM
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After a long time, I found a right place to ask my question.
Last year, my bank account got frozen. Bank said that my account is blocked based on the instruction from Cyber Crime.
I did few P2P Trades on P2P Platform. Is that the reason?
No one has contacted me so far? Does any faced similar issue and got it resolved? If Yes, how?
Update:
I am from INDIA.
That's why I also hesitate to use bank to keep my funds from crypto because they will surely freeze your account with out any reason and their reason is cyber crime or because of anti money laundering law. Why not go to your bank and ask why your account got frozen so that you will know what is the reason for this.
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146
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Other / Archival / Re: Pay for Your Passport with Bitcoin
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on: November 13, 2020, 05:10:44 PM
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Paying with bitcoin for passport is a good step forward. Bitcoin as a payment for name change, renewal and few other services might get followed by more other countries. Now these service providers will accept bitcoin through a third party and then pay the government in terms of fiat. Somehow this is good for bitcoin spreading.
It's great that bitcoin is becoming widely accepted. The adoption of bitcoin is increasing which is a good news for us. If we can pay bitcoin for getting a passport then it will become easy and hassle free, you do not have to line up to get a passport.
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147
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Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto?
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on: November 11, 2020, 09:02:54 AM
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Maybe they don't know how to use crypto and it's difficult for them to cash out and convert into fiat money because they will catch by the authority. But once criminals knows how to use crypto, I am sure they will use it than fiat because it was decentralized and they can make transaction online, fast and hassle free.
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148
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Bitcoin / Bitcoin Discussion / Re: If bitcoin will die then crypto market will die confirm!
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on: November 11, 2020, 08:52:24 AM
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I believe bitcoin will never die. I believe that bitcoin is considered as a force in the crypto market so the crypto market cannot survive without bitcoin. Bitcoin can be presented as the king of the crypto market. Bitcoin acceptance is growing exponentially and Bitcoin has gained legally acceptance in many countries where they are using bitcoin in various fields of business. This is my heart thinking and i believe it.
Then how will bitcoin die if the acceptance of bitcoin is keep on growing and it has gained legally acceptance in many country? Bitcoin will not die as long as the demand is still alive and the government has no control over it unless government will declare it as illegal and they will will catch everyone if will use bitcoin, maybe people will avoid using it because of fear but so far bitcoin is the best digital currency in crypto space.
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149
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin?
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on: November 10, 2020, 05:28:37 PM
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As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price. There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?
It is impossible for Ripple to be the next bitcoin base on demand, supply, value and uses they are different and Ripple is very far in bitcoin. XRP is just good for sending transaction very fast and the fees is too low compared to bitcoin but it doesn't mean that it will like bitcoin or be the next bitcoin, I doubt it.
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150
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does Name really matter in crypto?
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on: November 10, 2020, 05:24:34 PM
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Yes name is really matter in crypto. It should be linked in crypto and attractive to the people so that many people will invest in your project. Also Name of your project should represent what your project is all about so that investors will know and understand it easily even by just reading your name.
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151
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Economy / Economics / Re: 1000 BTC moved after 10 years
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on: November 09, 2020, 02:08:13 PM
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If I have such big amount of BTC, I will surely help people in need. After securing my families life and future , I will also invest in some businesses for continue living and to help those who are jobless. That is really a big amount which I can't afford to spend.
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153
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Bitcoin / Bitcoin Discussion / Re: lets imagine world without fiat currency
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on: November 08, 2020, 02:07:56 PM
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If ever world has only bitcoin as a currency from the beginning, I think the supply of bitcoin is not only 21Million. Of course the creator of bitcoin will also consider everything when creating this digital currency. And about the price of every commodities, I believe it has still a balance which everyone can afford to buy using bitcoin. And also knowing that bitcoin is the currency to be use everyday in exchange of fiat, for sure the value of bitcoin is not so high like now.
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154
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Economy / Trading Discussion / Re: What is the Best Time to sell ?
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on: November 06, 2020, 04:00:29 PM
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You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases? As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions...... Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
It's up to you mate if when you want to sell your coins as long as you can take some profit. Your the only one that knows best for your coin because we don't know when and what price you bought your bitcoin. So far bitcoin price keep on increasing and if you think you need to sell then go but if you want to hold more then it's up to you. But always don't be greedy because being greedy always loser.
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155
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Economy / Economics / Re: This is why bitcoin HAS to go up
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on: November 06, 2020, 03:28:41 PM
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Bitcoin has a lot of surprises on it's value which we can't pin point when it comes or what affects it. Maybe there is a point that the devaluation of dollar makes bitcoins value increase which is really good for the side of bitcoiners. If that will be the factor affecting the current value of bitcoin , I think there is a possibility that the value of dollar will increase more while bitcoin surge high once again. Then as the value of bitcoin keep on increasing ,for sure it will also attract more demands and investors.
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156
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Bitcoin / Bitcoin Discussion / Re: Your keys, your bitcoin?
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on: November 06, 2020, 02:27:12 PM
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Of course, your keys your bitcoin. If you didn't own the private key then the funds is not yours. Simply, because you can't access the funds in a wallet with out a private key. If you have your private key then is is easy to access your fund and that is the proof that the funds is belongs to you. That's why you are the only liable to your wallet and funds ,so, take care of your private key.
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157
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Economy / Speculation / Re: New peak: $14500. No bearish sign. Keep it up the King
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on: November 06, 2020, 02:18:41 PM
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Let's hope that the good movement of bitcoin will continue until end of this year, although I'm expecting it's value to touch another ATH this year. Good to see that bitcoin demand keep on increasing no matter what is the reason behind it if there's any like US election that many believes that this is the reason for bitcoins value now.
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158
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why Youengine (YOUC) failed
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on: November 05, 2020, 11:01:33 AM
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Tbh this project has very good use case and they follow their roadmap very well, I believe it's not over until it's actually over, just because bounty hunters dumps and price is way down doesn't mean it can't recover but that's on the team, they may be lucky if they are able to come up with something new
That's true! I agree with you, YOUC is still in the process to recover. In my opinion, As long as the project still exist and continue to move even slowly it means it's has a possibility to recover and rise one day but of course all of this will happen depends on the project team and their strategy to attract more investors and gain their trust.
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160
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Bitcoin / Bitcoin Discussion / Re: How do you use bitcoin?
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on: November 05, 2020, 10:52:48 AM
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We have a crypto wallet here in our country where we can store bitcoin and at the same time we can convert it directly to fiat money and withdraw in selected remittance center. Also I can use bitcoin directly to pay our bills and to buy loads. Very useful digital currency and convenient to use.
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