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I also see some of the videos of cryptodaily but most of the time I am on local channels in my country language. This is because I want to remain updated of the developments related to legal status of crypto in my country which is still in mess currently.
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I expect the prices to reach the $20000 mark again this year. This will relax a lot of investors who had invested in bitcoins when the prices were at its peak.
Another benefit of the price increase will be that after seeing the growth more investors will come to bitcoin community thus helping its further adoption all over the world. Also, I expect clear regulations in those countries where there are still no laws related to crypto.
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I do not agree to OP as:
1) Since everything is digital in case of bitcoins, we can simply do tweaking as per the demands of the users in future and support it.
2) Bitcoin has already survived and grown strongly in past few years. This has happened when many of the technologies invented at the time of bitcoin had already been replaced.
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This applies to almost all the alt coins in my opinion. Most of them are useless, provide no additional value to bitcoins.
These alt coins are just diluting the bitcoin investment share. If there were none of these alt coins, we would not not have seen such a drastic decrease in bitcoins prices. Currently, some people are giving more value to alt coins with the logic that bitcoin is more of saturated now.
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The word HODL still sounds weird to me. I was not aware though about the origin of the word. It is nice to become aware of how this word was started here on this forum. Are there any other similar instances for other terms used in crypto community.
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User: krishnaverma
Postion to Apply: Member
Posts Start: 1349
Address: 34Hkz3LMrmjwSkxJwYHWUby4okJgCb6JGD
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This is a very interesting topic for discussion. I think that small merchants at the initial stage can attract customers to themselves by the fact that, unlike other stores, they can pay in cryptocurrency. As is well known, additional concessions to the client often play a positive role in trading. In addition, the audience of cryptocurrency holders is constantly growing. First, it can be in the form of an experiment, and then as one of the methods of payment. If this experience becomes successful with small sellers, then at first other small sellers will begin to enter payment for cryptocurrencies, so as not to yield to competitors, then medium, and then large ones.
Allowing crytpocurrencies for payments can be helpful: 1) Only in some particular type of stores. For instance, in stores related to tech products it can be success as people there would be familiar with crypto and such payment options 2) In only those countries where crypto is legal. There are some countries where crypto is banned and thus such a payment option is of no use there. |
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I do not agree to this. There is no benefit of being selfish here and hiding the benefits of crypto from friends or family. In fact, if more people become aware and start investing in crypto, it will boost the growth of crypto and result in increase in prices.
As an existing investor, you can make good profits in such a scenario.
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Why not you do both ? Split the savings in 2 part and you can do both. This approach will give you additional safety in the form of having two business. If you suffer loss in one of it, you can rely on the other.
If you still had to choose just one, I will suggest you to go for real business. This is because crypto market currently is quite unstable.
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Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
There are a number of reasons behind this like: 1) Manipulation by whales who have dumped the coins and thus reducing the prices by such a huge extent. They will again accumulate at reduced prices for higher gains. 2) Even the existence of so many coins is one of the reasons in my opinion. It divides the whole market share and hampers growth of each coin. |
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Comparing bitcoins to other MLM schemes or bubbles is not right. Bitcoin has already survived for more than 10 years and is still going strong. The prices had reduced currently but it has always recovered from such condition in the past.
I do not think that bitcoin is the biggest bubble of all time, in fact there are still a lot of earning opportunities available with it.
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I am not in favour of each country issuing its own crypto as it is against the basic foundation of crypto. This would mean that these countries will completely own and operate these currencies the way they want.
It reduces the power of cryptocurrencies which is the major usp in my opinion.
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This is a capitalist society. Learning economics can help you better understand business models and society, so I think this is a very important subject. In the future, people can learn the blockchain in school.
Introducing blockchain in school can be very helpful as: 1) It is recent technology and thus students will be able to learn something new and benefit from it. 2) If students learn the art of trading like researching about good coins, it can provide them monetary benefits as well. |
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This year I didn't get that much profits only thing I did was holding my investments , I hope all my patience will pay off next year and there will be bull market and I make more profits  many investors are in same hope only ?? I would like to know what you guys think about next year, I am also hopeful regarding the next year as I am holding most of the payments I got as bounties this year. I am expecting that when the prices reach the peak prices again, my current holding will be about 5x of the current value and I will encash all that I have at that time. |
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Market is not stabilising currently :
1) There are lots of ups and downs in the market currently which means that it is hard for buyers to make up the mind regarding purchase.
2) Some are saying that it is because of the manipulations going on currently where big players are accumulating as much coins as they can.
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It is not at all hard to buy crypto. You can simply register on an exchange and then buy crypto through it. There are tutorials for that as well that you can see and follow for free. However, in order to be able to estimate the buying price so as to make good profit, you will have to do some analysis and research.
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This is an encouragibg news for all the crypto lovers and whole crypto community. If a country is going to launch its own crypto coin, it means that overall adoption if crypto will increase as well. This will be possible because of reasons like increased awareness among people about crypto and it's benefits.
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We should take the positive out of all this. One thing that is worth mentioning here is that now there is very much increase in awareness related to crypto. We thus have more number of whales as well who will be ready to buy at low prices. Thus the situation is not a dead end and I expect market to recover soon.
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This is a classic scam being carried out with a new payment option that is just more anonymous and thus safe for scammers. Earlier this was done through bank transfers or card payments but there was a risk of getting caught as those payments can be easily traced back to original reciever.
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maybe this is the reason for one of the crashes of bitcoin to touch $ 3200.
I just saw this tread and it turned out that this happened about 6 months ago.
You should read the date in OP as well. This exact transfer cannot be the reason as the news is months old. However, it is possible that a similar thing might have had happened this time as well. As the crypto reporting sites are not that much active now, this is why it might not have got reported. |
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