This is very true that with the hype same level or kind of same thing always try to take advantage and this was happened in 2017 And this is very natural because this is an option for the low quality projects or for the scammers to be in hype and reach the goal.
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Banking sector will not be abolished. The uses can be less or decreased as people are using crypto and various online payment method to store or use those like they in bank. But It will not be abolished because Crypto like bitcoin is a decentralized currency so the government cannot trace and collect taxes.
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Nowadays, Bitcoin is familiar for investing and earning money by trading and holding etc though it was for the transfering amount without any problem and delay. AS well as here is an additional option right now that people can earn money and get extra benifits. So, if here is a facility of earning why shouldn't people take it. Bitcoin is popular so people can make money with it as well as they can also transfer bitcoin and they are doing both.So, this is not something special that we have think may be.
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As we all know that Bitcoin is a decentralized crypto currency and Government is not able to kill or stop the bitcoin. Specifically some countries tries to stop uses of bitcoin in their country but crypto users are still with it continuously living with the crypto.
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It's been long that covid-19 is creating issue and a lot of people are in trouble because they are jobless. Crypto is blessing for them because they can make themself safe from covid-19 and continuously earn money and lead their life.It's an inspiration for others who are learning about the crypto and it's benifit recently.
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Of course gold is vital and it helps during the bad times to recover but it can not change anything properly because this staying at the same position where it was and where is it right now. But bitcoin price since march till now is a great proof and that is enough to answer. though here is a bit of risk but it should be taken for a great return.
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Bitcoin is old enough and it is crossing it's decade in crypto. But this is a bit uncommon for the people when they heard about about it. Samely curiosity works and they jumped into it without knowing about the crypto properly that's why they think this is hard to understand.
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The title actually blows the mind. Surely,it means a lot for the bitcoiners. The previous record of bitcoin says that it is changing the people mind into digitalization and day by day it is increasing a lot. So,this is crossing the moon hieght.
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Fiat investment will bring benifit if business strategy and business runs properly. At bitcoin section it depends on bitcoin market and supplies,demads, trade volume, specially the price.2020 is an example , at the beginning bitcoin price was like 3k usd but now it's a 18,353.80 usd today. A lot of people invested in bitcoin as this is the most popular crypto currency. So it is possible to be rich with bitcoin but of course it needs patience.
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Most trending issue that people are facing about ethereum this is high transaction fee.Not even polkadot if any other coin or project appears which has the solutions and advance features than ethereum then it will surely be a killer but of course it will take time to be recognised by people overall.
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If the tention is about only the high transaction fee then here is actually no way because as much the coin will demandful the fee will be high. Even it's ethereum or any other.
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Some are like okay but I like most of them and as it is kind of depends on bitcoin or etehereum value then focusing on each project beside the bitcoin and etehreum value would a good thing for something good.
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The idea is old but cool and this is actually a topic to think.If the analyzation is ok and luck fevers then it is good actually of course experienced person will get the best ting with eth trading.
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This is actually already in some countries.Some countries has already declared bitcoin and other crypto currencies are illegal.As well As India said about the ban of bitcoin though it can be a rumor to create hype. But whatever the decision is cryptocurrency users will be with the crypto as here are scopes left to continue it.
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After March 2020 it was turning back and the price began to be in the top for once more. Specially after paypal announcement the bitcoin demand increase a lot.But overall this is crypto volume ups and downs are very natural here. But it has time now to fall .it has come back with a blust.
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Surely, this is profitable for the bitcoin users but it won't happens earlier. A fixed number or sector of people is leading and getting money with transaction fee samely as bitcoin. But as the bitcoin is way more transparent and easy to use also we can get or sent it instant so other methods will be destroyed if a president supports bitcoin.
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Honestly, it puts me on doubt and we can not transact Bitcoin one to another then this is actually not the Bitcoin just a number and it is probably a business strategy to attract crypto people on paypal.This video link and post was helpful.
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Depends on Decentralized or not. If this is. Decentralized then here is nothing to do and for your information mining is not the thing responsible for the increase of value.it depends on the demand actually as much the thing is demandful the price will increase.
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Truely, it helps a lot. Bitcoin and Other crypto currencies are helping people to earn and find the way of living life. Every kind people whose are interested and spend time to crypto can get benifit and of cours it is helpful for the economy. Because some howit is using in the country and government is getting tax.
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Actually, this is happening from the beginning and newbie hunters are doing this. though with the time people are getting experience and learning about the crypto they are behaving like mature. So, if we take steps about the newbie to make them understand or help them a bit about the project and the process then it can be a very good thing.
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