Bitcoin is the strongest currency in the world even now the price is 6701 USD. Just imagine the price of bitcoin last year this time it was USD1000 or below. At present the market trend is bearish mean time the market is expecting that the trend may change at any time to bullish. So there is not any other currency matching with bitcoin in the price value.Its present market capital is 114 billion USD and its daily trading volume also very high and so bitcoin is the strongest currency in the world
Yes, I think so. Bitcoin is a powerful currency. Because Bitcoin is high. Bitcoin's price is higher than other currencies. If the price of Bitcoin increases, it also surpasses the price of gold. Bitcoin has a lot of advantages, which are comparatively more than all the currencies. Bitcoin users are increasing day by day for its advantages. The price of the bitcoin is making bitcoin very high and it will rise more and more. Bitcoin is the strongest and the powerful currency, there is nothing more profitable and stronger than bitcoin, bitcoin is better, safer and bitcoin maintain huge amount of transaction every day, bitcoin has very high price, as bitcoin was the first crypto currency to be created which makes the price of bitcoin very high and makes it the king of all other currency. Today, I see again a post like this, you do not know anything about Bitcoin, about the ecosystem of cryptocurrency. I agree with you Bitcoin has many transactions every day, maybe, it is more than other altcoins, but it does not mean the system of Bitcoin is faster than the altcoin system. How much time you wait to get 6 confirmation to be sure your transaction safe? Fastest time you can get 6 confirms is more than one hour. With this time, through Ethereum, Ripple, you can create unlimit transaction to get confirm within a short time. |
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In my opinion, if this thread is a comparision between cryptocurrency and credit card or some virtual money can use for payment like Paypal, Advcash or Perfect money, it is more interesting than compare to regular currency. Because first of all, cryptocurrency can not use without internet connection, it means regular currency, included paper money, has more advantages than cryptocurrency to using for daily.
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No, because the office work and work in the office can be combined, as Bitcoin can be used anytime, then working in the office can use Bitcoin.
I totally agree with your opinion. I think we should choose both because our income will increase more. Anyway, stable work is better than working with bitcoin. You need to get a stable job to take the capital to invest in any altcoin you like. Do not take risks and avoid risks. Yes it can increase our income if we choose the two, but i think that more important is that we cannot depend on crytpo currencies for living, because still we are not sure that either we can get permanent income from crypto trading or not, therefore if we have our day job that is a big support for us from where we are getting a permanent income, therefore the most important is to continue both. You have to put many things for this decision because you can lose more money, benefit or something to trade cryptocurrency full time instead of work normal in old job. It is a gamble to decide your future, lose this gamble, you will lose something can not get back again. Example your family. |
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Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
I believe that at the present time day-to-day business is the safest choice and the least risk. You can see that the price of bitcoin at the moment is very complex and difficult to predict and the market is in crisis, so trading on a daily basis will help you control the risk, control be your capital. You need to have a specific plan before the trade. Never, in any time, day trading never give you a safe point in the cryptocurrency market. Day trading is always risky than long term investment. Because you always have to face the price, the rumor, the news of cryptocurrency. If these things are same your prediction, you will not have any loss. But why do you not try to imagine these things become different your prediciton? It means you will lose money, even, lose a huge amount of money is possible. |
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The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
The government will surely take part on regulating the process of using this new kind of system. Since bitcoin is now getting more popular and the market is getting bigger, government will actually do not let this system benefit them. When the cryptosystem is adopted, I dont think it will distruct the traditional way. I think it will actually help advance the new way business model. Nothing will be change. Only the benefit of which company use blockchain for their system will have more profits. Because blockchain can saving money to spend for security system instead of hire white hacker to check bug and against the attack from black hacker. About the government, I believe blockchain for the country system will not like the nature of blockchain used for cryptocurrency, it can be become a new technology. |
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It seems like there's a new ICO just about everyday or two. It is very difficult to follow all of them. I usually look for something in a project that I would actually use in real life and if a token or coin is really necessary to keep the platform going. There is no guaranteed way to protect yourself from the fact that ICO will be a Scam. Not every Creator is counting on that. On the contrary most of the coins created with the hope of a long life, but the people decide to trust them or not
In my own opinion,You should make your own choice, because we really have too much icos right now, and almost all of them looks good, but not all will give you the money. Read their white paper, interrogate with them in various social media sources with different user names. Check their website for every small thing and find out a loophole if any You have to spend much times to research an ICO project if you do these things. Of course, if you have a team to working with you, I think this problem can be solve easily. But, how to find a team really help you find good ICO at now? I recommend you should to use icobench and icodrops to find the best ICO projects, both sites are best site to analyze which things are good from the ICO projects. |
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We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model. How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  And how do you see it's future? Bitcoin is really good as a payment method because in this way we can have faster transactions and the price will be cheaper than usual since bitcoins is volatile, there are big companies like amazon that is allowing bitcoins as their mode of payment and hopefully everyone will apply the same way. As far as I know, Amazon still do not accept Bitcoin as a payment method for their services. I just know Microsoft used cryptocurrency as a payment method for their products. But recently, they have many changes about the rates and the total numbers of crypto they support to use for payment. |
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Nothing bad is going to happen, a currency being used in the whole wide world is going to solve many of our economic problem that we are facing in different countries such has exchange rate, balance of trade problem and terms of trade difficulties. It would be good if it will be accomplished
This is an idealistic way of thinking. What if... There is no sense to guess what can happen when you cannot do anything to help it come true. One currency for everybody is something that will be never realized. it is hard to enforce a single currency in this world, surely there will be many problems to be faced. besides that not all countries are so well connected that they will do according to their own will Finally, no government want to accept other government have permission to manage their country. This is the main of reason to make we can not have an one currency only for worldwide, I think so. Beside that, I think we need to have different currency units to know what country has economy is better than other countries, it can be a motivation to make the poor countries must grow more. |
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What do you think about Cybermiles? Besides strong 100k+ community, they just launched main net, so this e-commerce for blockchain with buyers and sellers to be incentivised with CMT tokens via loyality program can be assumed as a working product.
Tomorrow on press conference they will discuss results and features of test net. I would recommend to listen to their live broadcast. Cybermiles will introduce their team and vision. I believe that once they prove results of testnet, they should be in your list as finished ICO with working product
That coin been around for quite a while. There is a lot of coins that get popular though they don't do that much after they get listed. That's not that case. It is listed for a long time and today Cybermiles has released product and presented it on conference with like 200 thousand of viewers. So I am pretty sure that it should rise in nearest future In my country, Cybermiles is one of the ICO projects has many investors. I do not know exact which things about this project can develop for the future, but as far as I know, this project has a hype larger than any ICO project in my country, therefore, I am sure this project can not die by a reason easily as Centra. |
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What are the best investment opetions for bitcoins to be put into?
Please post here!
Best investment is always long term with a pre determined plan. Before investment, prepare an investment plan like amount to invest, tenor of investment and expected rate of return. You can get help from cloud mining regarding rate of return. Another thing is never invest more than 50% of your fund. If the funds you are saying is the total money you have for your life, included funds for investment and for daily needed, you should to split your funds to a ratio lower than 50%, maybe 40% to 30% is enough. But if it is the total funds for investment, I recommend you should to use 80% of your funds to investing in cryptocurrency. |
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In my opinion, if my trading make me spend so much times to check it and worry about the future of the result, I will cut loss to help myself feel comfortable and can focus to work in other fields. This is my method to manage my emotion, becasue manage emotion while you still want to care something will make you have more troubles.
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I think not, altcoin can not be against its king, there are not any opportunities or a way to altcoin can against Bitcoin because bitcoin is the common currency of digital coins and all altcoin must be converted to bitcoin on the exchange. In previous years, many people telling me that eth or litecoin would replace bitcoin, bitcoin would be defeated but until now I still do not see any sign of bitcoin being defeated. I only saw the value of Bitcoins is still constantly increasing and altcoin collapsed under its feet, it is proving the status of a king and despise those who want to against it
Bitcoin is not the king or the father of all coins. Many coin from the basic knowledge about blockchain - the Bitcoin technology - to improve this technology and create many new systems. Dash create PoS concept to solve the problem about mining coin, Ethereum has smart contract for any deal on internet, Ripple owned its blockchain technology to create a payment network on global. I still have many altcoins can be better than Bitcoin and enough power to replace Bitcoin someday.  |
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Yes true, bitcoin will never replace fiat, this is because the state protects fiat like protecting other state assets, it is strange if we think that bitcoin replaces fiat while many things become bitcoin big job eg problem of the transaction speed.
The fact is that not because of Bitcoin transactions may not take place Fiat in the financial world. The fact is that many people will not be able to use crypto currency as a means of payment, because they do not have the opportunity in the Technical Plan, while in others there is not enough knowledge. I do not think guide how to use Bitcoin is more difficult than find a good price to sell Bitcoin. Bitcoin trading can takes some fees for transaction, beside that, its demand and supply on the market are not fixed. Demand and supply are always change everytime. More demand, you can sell Bitcoin with good price easily, but low demand, you can need to wait a long time up to few years to sell Bitcoin at what price you want. |
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I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.
As of now there are hundreds of hundreds of bitcoin that have been discovered and there are still hundreds of hundreds coins that have not been discovered so I think someday for sure one coin will stand out and bitcoin will be replaced by other cryptocurrency, but for now let us celebrate that bitcoin is still on top. The reason Bitcoin is still No.1 because it is better than Ethereum if we create a comparision the limit supply coin between Bitcoin and Ethereum. I know Ethereum is a good coin, it created by a young developer but has more benefit to apply in many fields than Bitcoin. But the fact, the value of Ethereum can not increase more because it has not a limit supply. Therefore, recently, Vitalik said he can makes Ethereum has a supply in the near future to improve this coin become the No.1 in the cryptocurrency world. |
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I think if bitcoin legal in this world it will be great currency of all transaction and the investors getting more bitcoin because of the financial and benefits for the everyday so it is very exciting if can happen.
perhaps the entire system will be much improved and the use of crypto currency will be in any sphere of human activity. But each user of crypto-currencies, as well as everyone who earns on this business, will have to pay certain taxes from each transaction. Actually, legalization of bitcoin have a lot of advantages that makes us comfortable and easy to used by the different features of bitcoin can have. Also, it may also used on crime since the bitcoin is decentralized it will take advantage to those bad people that their money will using to transfer via BTC. Thus, it will depends to those users which make sense to each and everyone of us here in the crypto currency community. The fact, even Bitcoin is ilegally in some countries or the large country as China, but a lot of people still want to hold and buy it as much as possible. I agree with you Bitcoin becomes legal will help the activity of Bitcoin in that country will be smooth than normal. However, Bitcoin is legal or illegal, the criminal still using it for their transactions. I think so. |
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I think better is learning practical than reading articles on net.I have some crypto lover friends whose are succeeded in trading.I have learnt so much things from them.They give me so much basic knowledge about trading which always helping me to take big decision
Well watching videos on youtube on how to trade is also one of the best sources to learn trading very well, and peple can also learn to trade by asking some advice to a proffessional trader and lastly people can learn trading by praticing to trade with a small amount. You should to learn through many sources on internet, not only Youtube is the best site to learn knowledge about trading. Beside that, I recommend you should to learn the mentality of trader before start to learn technical analysic for trading, because you will get many experiences to solve some problems on the cryptocurrency market, example FUD, FOMO. |
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it's a good way to growing our money, holding bitcoin is part of my life  but trade it with profit is better than holding bitcoin. holding bitcoin a long time is good to take profit but not maximal potential profit, is good trading is in day trading and compounding system It will be difficult to know when to sell it because its value is always changing and difficult to predict. Holding is just a way of making money, but there must be a moment that you have to sell and that is the most important moment as well Holding not only hold to the moon price. Hold must you have target clearly and you have to follow target you set for that coin. Never doing the opposite which thing you decided after consider and checked a long time to have that decision, because all changes in that time are just temporary and let by something change your opinion to make you do that. |
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Do you think they are talking about bitcoin in your basic ECON class?
Bitcoin was not part of course I took when I was in university. I could have love it if it was among the course outline then. Currently I am advocating bitcoin you be will study among the course in our economic class in the universities. A curious student might raise questions about bitcoin and how it's gonna play role in our economy these days because probably they might have heard it everywhere outside the classroom. It is a good idea to start advocating it because people works and earn from bitcoin, businesses, shopping, payments can all be done online with the use of bitcoin. The fact, Bitcoin system can not support too much transactions just only for shopping as you said. If you said about Ripple, I can consider and calculate again the ability of Ripple's technology can work or not. But Bitcoin system can just receive lower than million transaction per day, how it work with total transactions of the world has 8 billion people?  |
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For me, small fees won't hurt, however nowadays wherein a lot of people are already using bitcoins, they couldn't refuse to charge bigger. But as long as it is reasonable, it's fine, not just too high that people will begin to think that it's already too much because if that's the case, the tendency will be people will start doubting bitcoin, and we wouldn't want that to happen.
If you used Bitcoin for global transaction or huge amount of money need to send for someone, I think a small fees of Bitcoin is nothing for total benefits you got from Bitcoin. You will need to verify your amount when you send a huge amount of money to someone and need to pay a lot of money for the transaction fees if you use bank services to transfer money to other countries on the world. |
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Now is a very difficult time for the crypto currency. When the market grew it was possible to invest in any ISO and collect profits. Now you need to carefully choose what you are investing your money in and choose good projects in which you believe yourself.
Yes, it is very strategical to buy altcoins right now since a lot of these altcoin's value are still at a very cheap price, therefore you could buy tokens from ICOs at a very cheap price. I myself wouldn't let myself miss a lot of opportunity especially when it comes to earning money. A lot of altcoins have potential so it is very strategical to buy tokens from these altcoins and wait for it to get crowdfunded and increase in price. No, if you want to buy altcoin or ICO token at low price like now, I am really want to advise you should not do this. Because the current price of cryptocurrency (included ICO coin) is not the final price, the bottom price in this cycle. Maybe, the whale still want to keep this FUD until most of the trader give up this market, I can not predict anything after the price of Bitcoin dumped below $6,000 again. |
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