I dont think that this bull run is quite similar to 2017 bull run. I believe that cryptocurrency are now in mainstream due to some influencers who promote and support this new technology. I believe this run is where BTC belongs. Another thing is the pandemic where small traders appears and when they go to their normal job, quiting their trading will probably have some little effects to price itself.
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I'd probably be having a business to grow that million dollar. I will not rely on BTC alone. You need something to grow your money but aside from that, having BTC on your saving will do good as well.
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One of the best cities in the world adopting to Crypto. Wow. Soon more country will adopt to this new technology and probably same as this also accepts BTC and other crypto as payments. This is a good news.
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No one can foresee the future but it is wise to prepare for the worst. War is inevitable specially when super countries interest were manipulated. In these uncertain times, COVID surely gives us a glimpse of what could might happened in just a matter of weeks. We were given a sign of the importance of savings that could help us endure the worst.
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I agree with some of your points specially with the emotion part. The need for the coins is one of the main reason for its pump. It is indeed one of the most complex way of making money but I therefore disagree that it is based on trust. One should understand that cryptocurrency is a technology for the future.
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Lucky for those country who have lots of money for they could have the first batch of vaccines. Some countries already started vaccination program and slowly recovering their economic status, meanwhile some are still having big debts due to buying vaccines. This pandemic teaches humanity the importance of having a good leader and good health services.
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I dont think they need to prepare. As far as I know, rich people have enough money to survive even at the most uncertain times. The crash is much certain to happen but it seems that this will not have a great impact to economies. Small time traders would go to work now and probably it would create a small effect in price.
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I tried Whitebit's smart staking. They have a good interest rates for upto 30% a year with USDT and 26% a year for BTC. I think this is a good idea and worth a share for you guys. Take a look. https://whitebit.com/smart-staking
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It is clear that this pandemic affects most economies around the globe. Most of the establishments were shutdown during the hard lockdowns occured but after all these, hope are still there.
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Our modes of transportation here in the Philippines doubled its fare but not with foods. My country was one of the tragically hit by this pandemic added by ASF virus to pork. It spikes prices but still the same income. I think we all have to sacrifice our old lifestyle in order to survive this uncertain times.
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Some of them even have different structures like ERC20, TRC20 and even OMNI. Having different network also has its advantage naming TRC20 having the lowest fee of the three which is $1 for every transaction.
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In this times of nothingness, one must have the courage to sacrifice all just to survive. I know many were trapped by these scammer due to uncertainties of events happening to the world and its sad seeing these people. Awareness to these kind of acts must be totally be prioritized.
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Unless someone who's worth billions of dollars do this, I think this kind of idea is quite hard to achieve. I know some whose accepting crypto through machines but still fail to do succeed. Exchanges are now just enough.
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Yes. Being noted as the world's richest man makes him one of the most influential person on earth too when it comes to financial aspects. His tweets will make a sudden move due to his influence.
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Congrats sa may mga naitagong DOGE. Now is the time to sell I guess specially that Elon's fooling around. Look at his twitter guys. I think he is just making fun out of it while making money. Major dump in the upcoming weeks.
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I suggest go with the trend specially that celebrities are into crypto now. For example, kung si Elon Musk magadvertise ng kahit anong coin, it will surely pump withing a week just like DOGEcoin. I also would like to add yung pagreresearch sa team behind the coin, I agree na dapat di magpadalos dalos in these uncertainty times where maraming scammers.
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Sana ay maging maayos itong PacPay and probably mas maliit ang fee's kesa sa Coins.Ph. Masyadong mataas ang fee's sa Coins specially when you're converting BTC. Nawa ay magkaroon rin ito ng magandang advertisement specially that crypto is now in a bull run.
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Bull runs of DOGE will now come to end. Without its real world usage, it will never go up. Elon Musk has made this coin popular and many was fooled by it. Crypto world is becoming a joke to some who have fortunes. I just wish ordinary people wouldn't be strongly affected by this.
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First, it should be allowed by all countries. Means, all should regulate and accept bitcoin in their own constitutions which is hard to achieve specially that some doesn't have the guts to enter crypto because of its volatility. Second is taxes which made some government to avoid Bitcoin. Maybe in the near 20 years, where all are in one government, one race, maybe BTC would find its way to dominate such ambition.
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Unless it has its purpose, it wont go that far. Unless Elon Musk integrates DOGE in his companies transactions, 1$ is quite impossible. You have said it yourself, no utility, no usage, no price u to $1. Its just a hype I guess.
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