I think socioeconomic goals are human base and at that the whole economic process drive on human involvement and the role of machine can not replace that of human resources so at this cryptocurrency can only enhance human economic situation, but can not drive mean of replacing the economic process of the human populist.
Unless and unill government accepts bitcoin, no change is going to take place. Bitcoin can change the economy standard of a country. To be fact, the government who accepts bitcoin is going to be the top developed country. Hard for bitcoin to replace current economy system. Our current system dominated by bankers and government like or not depend on central banks to boost growth. Bitcoin have limited supply and its not flexible for government to adopt bitcoin as national currency |
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Harmonization is what will enhance the existence of the cryptocurrency, this will only happen when government globally has a stack in the decision making for this to work out, thou crypto is still evolving and this might not happen soon.
For the future, it can happen using fiat and crypto together, where there are no more problems because fiat is a traditional payment while crypto functions digitally. People are welcome to choose which one to make payments. Today even though many people have been combined both, and the results are far better than using just one currency. there is no need to drop each other which one is better between the two, while using both of them simultaneously, provides easy transactions for you right, with the many choices of payment methods, of course, make consumers more free to choose. and I think this will have a good impact on the pace of the economy. Of course to drop fiat at this time is very difficult, even impossible, because it requires approval from all countries, because bitcoin does not only belong to a country we also don't want to drop fiat, because many people live from fiat also. let's now live side by side peacefully. if you want to use bitcoin then use it without vilifying fiat and vice versa, we can use both and thats much better I dont think fiat will replaced by crypto. There is no institution control bitcoin and thats why hard for bitcoin replace fiat money. Fiat money always needed by government because its more easy to control the price and its related to economic growth |
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Basically, I am optimistic that for 2019 this will not be the beginning of another dump, but the beginning of cryptocurrency growth and crypto market conditions will be much better than in 2018, although there was no significant increase like the end of 2017.
2019 wasnt have a good start because the overall crypto got dumped during the start of january 2019 until the mid of february though the price did show some sign of life eventually now we started the month of march in a not soo good way . And also you cannot compare 2018 from 2019 because 2019 is just getting started yet . wait until the 3rd and fourth quarter before you judge them . 2019 will be good year for crypto market. BAKKT will release and i am believe if BAKKT started, institutional money will flooding market and can push the price higher |
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I've been using this effective strategy since the day I started investing in cryptocurrencies. Diversification prevent investors from total loss because they bought some selected coins instead of only one. Cryptocurrencies and tokens had also different time of price uptrends so if one coin fall the other one rises. Even during bear market, the price of some coins are still going up and they can't not easily dragged by declining prices of some leading coins that causes the bearish condition of the market.
Agree, with diversification, when bear market come, our portfolio not too drop the value. By diversification, we reducing risk from bigger losses and makes us more calm |
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I think the blockchain has a future. The technology is new, in many ways revolutionary. Public institutions and governments need time to embrace it.
It seems to me that in the next 2-3 years we should see the beginning of the mass introduction of the blockchain and cryptocurrencies into our daily life (for example, for making payments, storing data, etc.).
The best adoption people can do to the blockchain and crypto is not by whales, it is by government that controls the whales. In this case, we need the support of our government in order to ensure the development of cryptocurrency. Government should not control on cryptocurrency but regulating the market. If crypto controlled by government, i think it will not call crypto again. I am support government to regulate the market but not to control cryptocurrency because crypto should be decentralized |
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Yeah and when you look at the current value you could see its really doing well. We always invest in a positive thing. Get some EOS now if you are not having any since it might look awesome soon.
The EOS platform continues to grow and the price is the same now because EOS has experienced up to 10% increase, so it proves it will not be in vain if we hold a clearly developed coin, so I will continue to hold EOS until the price can reach $ 10 a year this. EOS will be profitable coin in market in the future. EOS always developing their platform and maybe can compete with ethereum in the price. $10 is good price for EOS and perhaps this year EOS can reach that price |
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of course it will still be useful for some people in this world, not everyone can accept technological developments quickly, facilities, how to transact requires a very long time. maybe even digital currencies cannot be used as a whole by everyone in the world.
It is true that it will continue to exists as many countries have still left undecided if they want to make it legal or not. Also some of them have banned it. So in such countries still fiat will be used and also not all countries have so well infrastructure where the electricity and laptop would have reached in many rural areas too. Perhaps paper money will reduced a lot but will transform to digital currenty. It still fiat money because controlled by central banks and fiat money still needed to boost economic growth |
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Cryptocurrency lending business is really risk involved, and it requires a development of increased trust to profit through the lending business. There were very few firms that provide lending services. Poloniex seems to be the one in the market that has got good trust rating. Even through the forum there are people providing the service with increased trust.
The problem with lending cryptocurrencies is not on the side of the lenders, most of them are honest and they state their requirements upfront, the problem comes from those looking for loans, look at the lending section of the forum and you will see newbies every day trying to get a loan by telling a sad story about why they need the money and why they have no collateral. The problem with lending bussiness in cryptocurrency is regulation. If not regulated, interest rate must be more higher than banks beside that, its about the identity or security of fund |
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I agree about that .. prices are down but demand does not jump. actually what happened? but I'm not afraid because this is indeed the market system .. there are up and down. I'm sure this is just a price game only. So, think of a positive friend.
they complain because they before investing with crypto currencies they don't know and understand the risks that investors will get and if the crypto currency declines and the conditions are bad, of course they will panic and fear what will happen in the future If investor understand about risk and reward, they should not moan about current bitcoin price. I think they learn something in this current market condition and able to be patient with their investment. |
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Positive effect if Italy have accepted bitcoin as transaction payment and make bitcoin price will growing up later, we need many country will have allowed for bitcoin become legal transaction at each country in the world.
Hey Italy’s financial mess goes back to 2008 they never really recovered from it, what surprises me they have managed to stay afloat for so long. I don’t know where you read the news, but there’s no official news of Italy accepting bitcoins. In my personal opinion if they choose to accept bitcoins it’ll be a great decision, as the revenue generated from bitcoins will help them save their economy. Italy or others euro zone never make improvement on their economic and they just waiting ECB to add more money supply in their economic system. I dont think so easily for Italy to regulate bitcoin like Germany because Germany is not in a crisis |
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Over the past few months, Bitcoin prices have continued to decline, resulting in altcoin prices also following the trend of organizers. You can see this in some digital currency trading exchanges, and this will continue as some crypto analysts say. ADVFN opinion, which proves that BTC can fall to the level of $ 2,500. And an analyst recently said that BTC could fall to the level of $ 1,100 if the predictions go well. Source: https://ethereumworldnews.com/crypto-prediction-bitcoin-fall-1100-litecoin-6/Well, if the predictions serve right, then we should all be glad because, it's the right time to accumulate more bitcoin and other crypto assets. Once it hits $1,100, many will surely hasten to buy and to hoard, as almost everyone's looking forward for it to bottom out. And we all know that for something that is down, there's nowhere to go but up. So if this year will not be good for the market, it is still profitable for accumulation, accumulation of more assets and accumulation of learning. Who knows? This might be the last year that we will see the price of bitcoin that low. So we're lucky enough to experience this worst bear market, so that we can prepare for the next bull run. If bitcoin price drop to $2500, it will affecting to market cap value and others coin or token price will fall too. I dont think anyone in crypto market want this happen. Bitcoin is long term investment and i am still optimistic, the price will recover again and could reach new highest price in few years |
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Market varies with time upon the demand to the supply availability. Beyond this the markets majority holdings were in the hands of whales. As bitcoin network is speculative, these whales have the ability to manipulate the market with the large volume holdings circulating some FUD around the community.
The right thing because they have more than a few other people to buy or sell the coins they have. So you will do it if you have more things than other people have. whales has a very large source of money compared to retail traders. especially if they work with other whales, it will certainly be very easy for them to make the cryptocurrency market panic by selling all their assets. when retail traders start panicking and selling their stock, whales will buy it at a very cheap price. they played cryptocurrency price easily with their money.they dont care to another people that suffering alot of loss.but this is was decision in our trading to earn as much as possible profit.and we could do anything to realize it. They can play crypto price in market because every exchanger have different price and whales having a lot money to manipulate supply and demand. There is no regulation about price in exchanger and thats make whales can manipulate price |
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for that there must be a product that is willing to accept bitcoin as their official payment, so that everyone who will buy the product must use bitcoin and definitely other products and companies will follow that step.
Bitcoin is a digital currency, proven by the acceptance of Bitcoin for payment of various types of goods and services in various countries. What is still a problem is the difference between countries in dealing with bitcoin, meaning that there are countries that accept but there are those who refuse. While those who received the regulation still differed from one country to another. This is a bitcoin problem that must be overcome for the advancement of bitcoin in the future. Every country have different perspective about bitcoin and thats why not all government allowing bitcoin used in merchant. Its need time for every government to regulate bitcoin because banks must be oppose government step to regulate bitcoin as currency |
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It could be true but I think it will not affect the believers or the bitcoin in general because we all know bitcoin is still best for doing things gold just can't do. Bitcoin is a payment system aside from just being an investment so that it differs a lot from gold. I don't mean to say gold is not good but they are different. That is why both can stay together side by side now and in the future to come.
I don't think that bitcoins investors are moving to Gold these days. If that was the case, we could have seen big spike in the value of Gold but this does not happen. Those people who are investor of bitcoins are the ones who need quick profits and are willing to take more risk. Gold Investment will never provide them quick gain , even though the investment in Gold is much safer than bitcoins I don't think either But Bitcoin is too small to make a scratch in the gold market and affect the gold price in any meaningful degree. Many people are gauging the cryptocurrency market by its market cap. But it is a wrong metric to use in this case (and in almost any other case). In order to make a meaningful assessment we have to take into account the liquidity of the market, i.e. how many bitcoins can be sold without crashing the price. That will be the amount of fiat which can be invested in gold, and it will be negligible given the size of the gold market Indeed, people who investing on bitcoin and gold is different. Most gold investor are old people with traditional mindset and bitcoin investor mostly are millenials or people who understand about technology. Gold always first choice for most people because gold known for centuries but i think in the future bitcoin can be good alternative investment |
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That right, there is no need to think badly to see Bitcoin continue to fall this year but you should continue to think good things will come with the crypto world. Anything can happen for now.
They will come. All of those good things have come during the all time high days but it will come back again. There's no need to worry about the market goes on the lowest because we're still on the greatest days to accumulate. Suddenly, we will just notice that the market has recovered pretty good. You must have high trust so that you have no doubt about bitcoin, now is the best time to buy it and invest in the long term and believe the increase in bitcoin will arrive at the right time. I trust bitcoin and I have no doubts about it. I'm not worried at all, I experienced falling and rising so that's why I'm confident that time will come for the market to ripe again. Don't take those FUDs but take those positive news about bitcoin. Crypto is about bitcoin because bitcoin is main currency in cryptmarket. Bitcoin will survive and bitcoin is gold in market. In this situation, better hold bitcoin for long term or buying more bitcoin at low price. |
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Cryptocurrency differs from another currency precisely in its high price volatility. It is due to the high volatility of many cryptocurrency brings a good profit. Therefore, without the possibility of earning a periodic sharp rise and fall in the price of cryptocurrency to many, of course, it will be boring.
However, the high volatility of cryptocurrency also has a negative side, as it prevents states from legalizing it and using it in business.
The current price of Bitcoin and other cryptocurrencies will be dissatisfied with many, as they still remember the recent high prices and compare the value of their coins and tokens with these high prices.
Imho high price volatility is not a feature, just a quirk of being new, yet-to-be-adopted - thus highly speculative in value. Even when the price hasn't moved in months, it's still speculative and not adoption-based so you can't be confident that the volatility would end any time soon. High volatile in bitcoin price because the market still unregulated in many country and most people or investor speculating on bitcoin price for short term. If bitcoin regulated by government, market must be more calm and more stable. |
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I am very sure that your main reason for thinking that cryptocurency is a ponzi scheme as to do with the fluctuation in its prices. Ponzi scheme normally does not have relevant key mains and principles in terms of its way of operation. Blockchain is the tool and cryptocurrency is just a digital currency that allows the user using the blockchain to operate and provide services with this tool. The changes in the price of crypto is as a result of the decentralized nature of the blockchain technology. people decide on the price they want to sell their crypto coin, and affects the value of the coin. Cryptocurrency is no ponzi scheme.
The ones that run Ponzi schemes most of the time promise high rates of return in a short amount of time, bitcoin does not do that because there is not a central figurer that can make those promises to begin with, so bitcoin is just being traded back and forth in a free market in which people need to assume the responsibility of their actions, if you invest or trade in this market and you lose it is easy to complain about the market being a ponzi scheme but that does not make it so. So wee need to see those complains by what they really are, people that are just upset they lost money in the market and are trying to blame someone else for their mistakes. Bitcoin price rising because market mechanism or demand and supply. People speculate on bitcoin price and gain from the price speculation. I dont think bitcoin is ponzi scheme because there is no pyramid scheme or central figure can control bitcoin |
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actually not many want to eliminate fiat currency. in my opinion, crypto currency and fiat should go side by side, because crypto will be increasingly recognized. maybe you see a lot of people who want fiat currency to be replaced with crypto, but believe it is hard to happen.
crypto is not acceptable to many people, even today there are still many people who still have problems with the bank system and the use of ATMs. universally many will not be able to adjust economically, and fiat is the most quality model. Fiat removal is very unlikely, but the volume of crypto users will indeed continue to increase because the era continues to grow. I am agree, many people still dont have access to cryptocurrency because internet infrastructure. Fiat money always needed for people who dont have access to internet and most people more convinience using fiat money |
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