Actually, it is just their opinion about Bitcoin will die or not with their own perception, we'd love to share our opinion, don't we? If you disagree with their opinion you can just leave it behind.
Yeah indeed it is true that this is all about giving opinion on a certain discussion. Well this might be a sensitive topic though because we can not still be so sure that bitcoin will going to continue its operation. We still have to focus on the current happenings with the system and not just by any words or phrase that states bitcoin will end or will not end. |
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Yeah thanks to internet and other means for communication the india has now accepting cryptocurrency and even regulated its use that it could not be abuse or avoid any illegal form of doing transaction with cryptocurrency. I do believe that india now is one of a country that utilizes and uses cryptocurrency as influence also by other countries in asia and even those rich country like USA.
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This will optimized the possibilities that cryptocurrency will get hyped. As we all know that celebrities are influential with their fans so this could lead to a possible market price increase and a high demand in the near future. Well we do thank them later for it because we will be able to benefit on it also.
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Actually it did for now because people are deciding on the market price for crypto or bitcoin basing on its demand for it. As the demand for crypto goes high then so does its market price and it is even tied up to centralized currency like dollars. As you can see that the value of bitcoin is always being tied up with dollars or any local currencies.
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Yeah bitcoin market price always reach to 10K USD and whats next is clearly selling their BTC holding for those people who are buying on a cheaper price in this way they had earned already since 10k USD is one huge market price for bitcoin wherein usual or the baseline market price is 6k-7K USD.
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Hello,
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
Yeah this is somehow should be clarified on by Sathoshi nakamoto. His ideals should be clearly stated so as to let the clients or consumers in cryptocurrency be guided accordingly on how it should be use. Some of them had abuse cryptocurrency but the good thing is that cryptocurrency is being regulated already by the government. |
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as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
Yes but this is not all about the government killing bitcoin. IT is just that the government want to take preventive measures on those reason above being stated for the bitcoin system possible abuses. We should be happy now that the government had stepped in and that means most of the country accepted bitcoin has made some regulations on its use including KYC on every client. |
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It will be possible first we had Philippines to accept bitcoin system and regulate. Then we have china that has been set their regulations and accepted cryptocurrency. Aside from that we have Japan of course, and south korea where there are new and many investors coming up daily which results to high demand for cryptocurrency. There are other countries also in southeast Asia that has already accepted and regulated crytocurrency so there could be really a big chance that cryptocurrency will be legal in southeast ASIA.
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There are so many challenges of small investment or having a small capital and the fact that we had to speculate on the risk is so high. Since these small investment are not yet established compared to huge investment. Aside from that to profit also is not that good since you started with small capital so expect that there could be less profit compared to huge investments.
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This is always what i told most of the time if there are post regarding on a country to ban cryptocurrency. My immediate response to this is that this is the only way to promote cryptocurrency in good and healthy condition. The government will going to conduct a study for regulation while banning cryptocurrency but later on it will just have to made an adjustments and that regulations will follow.
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Yeah it does really not a problem because we are human and we could solve any challenges withing the bitcoin system. And in the end we will get profit of course we endure on the times when market price fall down or decreases. I think you have learned already how to manage this kind of business. Anyway I learned also but from reading since I am also new to this system.
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As Bitcoin mining is partially controlled by Chinese miners, I have a feeling that sometime in the near future, Bitcoin can become centralized if no solution against this is proposed. If BTC could manage to bring a solution towards mining centralization by preventing mining pools with the most hashrate to effectively gain control of the network, then it would aim to become more decentralized over the years. As mining difficulty increases and new ASIC hardware gets developed, it would make it less possible for any average user to mine Bitcoin, thus making it more centralized each day. Nevertheless, I would like to know your opinion about this, as if BTC becomes centralized, it might cause it to decrease in value, and most of all, violate the principles that it was created for.  In my humble opinion I guess it won't happen because bitcoin is designed to be a decentralized digital currency. And as we all know that most of the investors are enjoying through this kind of system which is being decentralized. If bitcoin will be centralized then people will find another coin to develop like bitcoin and get back on their business. Bitcoin as a decentralized digital currency has created a lot of business. |
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At first since I consider myself newbie on this kind of system I preferred ETH by the time I saw how ETH get a market price increase for the past few months and bitcoin was being left behind. However, As I have seen now on ETH that was being left behind by bitcoin in terms of market price increase relatively I realize that it is still the bitcoin as a king of all crypto and ether was just an altcoin. So probably the winner would be bitcoin.
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All investment has its own risk and there is no exemption for that especially here in cryptocurrency where others consider it that has a high risk kind of investment. Well managing risk is the answer and how you deal with the high risk here in cryptocurrency and how you deal with it. My strategy is so simple and that is to buy cheaper market price for crypto and wait for it to go high. Risk is lesser when crypto you bought is cheap. So probably you have to wait when market price will drop that relatively had a huge market price down. Find the baseline for the market price of that crypto and buy more on it.
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It is clearly stated in your statement the use of bitcoin compared by bitcoin cash. The question is very leading of course as you specify the following on which is better between bitcoin cash BCH or Bitcoin. The aswer is clear and that bitcoin is leading not the BCH because BCH again is just a fork of Bitcoin and the people also in favor of bitcoin than BCH.
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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
-Warren Buffet This quote is constantly bandied about as justification to invest in Bitcoin, and especially now that there has been some nice price movement in the upward direction. But this Warren Buffet quote is only relevant with the proper context, which is that Warren Buffet only invests in things he has a fundamental understanding of and can quantifiably value. You can confidently be greedy when others are fearful if you have a sound investment thesis and are a fundamental value investor. This is how he turns his investments into home runs, he knows what he's buying and what it's worth and can weather the negative sentiment until the market learns what he already knows. This doesn't apply at all to a speculative investment like crypto. Following this advice willy-nilly is gonna get you burned because you're misunderstanding the intent and the application. Don't not buy Bitcoin if that's what you want to do, but don't fool yourself into thinking you're following Warren Buffet's advice. Warren Buffet doesn't speculate, and if you're buying crypto, you're speculating. Definitely many of us here having this thought also why would you afraid to lose your money when you will just think that you can earn on that thing? This is how the quote being implied with taking advantage on the areas where this kind of investment had inculcated a lot of fear from the FUDS scaring you to get away with it. Well if you are just familiar with this investment then definitely you will not turn your heads away. |
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The taxes are good for the people this will keep the government agency to operate from maintenance that could relatively help poor people to access cheap services from the government establishment like hospital, getting a concrete road and etc. This is why we need to keep our responsibility to pay taxes anyway the contribution of it will depend on how much you take or profit or getting a salary monthly basis.
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I am thinking and still wondering how politicians could be stop or even preventing on doing corruption. As we all know that centralized form of transaction is present and it could never be removed because it is need to be balance. Centralized and decentralized form of currency should always be present a study shows it is not effective for the economy to have absolute centralized or absolute decentralized form so even with or without these forms of doing business politicians could still made or do corruption.
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Yes of course this is one way to identify that the ICO project being introduced to the community is good. THe ratings of these ICO are coming from the community and after the community seeing the project that is good able to perfrom successfully in the near future then the community will going to rate the ICO project. However, it is not also the way we should take to invest in an ICO. It is still to conduct a study and research on the project before investing which means you can do feasibility study of it if it will success.
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