I realy want to buy Bitcoin i have 5000$ give good idea plz
For now, do some research for you in able to avoid asking some kind of question that are the same from other thread. Do search like the topic you have to avoid same thread. For now that was good for you to buy because of the cheap price then hold it to the moon but we cannot say when was that. |
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Is it really possible? Bitcoin or Blockchain system without Internet access, I don't know how could it be possible? where this chain system is totally dependent on the internet then you raise the question about this issue, but if it could be possible then a lot of people would get a huge service around the remote area, But I think it's possible to run without the Internet, Not only Blockchain or Bitcoin, every digital payment is fully based on the internet connection, so No internet connection, No blockchain, No Bitcoin or Cryptocurrency, and Even No Digital Payment system.
No, it is still impossible. OP is only thinking of the possibility that it may be a way to advance our way of using bitcoin when it comes to having a problem with the internet connection. Bitcoin blockchain is still dependent on the internet and this idea will only become possible if our technology will advance and improve drastically. Yep. Considering that in order to use the cell towers across the globe or even if you just narrow it down locally you would come to a realization that you need the government's permission to provide internet to the users which is the case of the telecommunication companies you have in your country so having a decentralized internet connection as what the OP is proposing is very unrealistic and would not really happen though I think we don't really need to have such a thing or project if you may call it because there are many ways to mask your internet browsing if you don't want any third party snooping you around. |
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I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
Myself too prefer spending bitcoin selling it to traders on localbitcoins. Also we don't have much of access to buying of things with bitcoin. In recent years majority of direct bitcoin spending of mine were on gambling. In my country slowly businesses have begun to accept bitcoin, maybe when government makes strong decision supporting the usage of cryptocurrency daily living with bitcoin becomes possible. Only use bitcoin for withdraw and keep become my investment assets, not available using bitcoin as legal currency in my country I keep trade and invest with bitcoin, I don't mind if government want to allow or not using bitcoin as legal currency payment, I am glad when my country give space for bitcoin to invest and trade on bitcoin without banned by government. In my country, you can spend your bitcoins but limited into this certain app but of course it still priced as what the local currency value is when converted which had a certain percentage between the sell and buy price made by the website and not on the actual buy and sell orders that's why I prefer to keep my bitcoins as bitcoins and have spare fiats that I can spend or convert some of it to fiat so I have money to spend. It is better to keep bitcoins rather than spend it or spend it in the online world which would be much less hassle when you use fiat. |
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Before you invest in a coin, you should consider the fundamental data that are available in the internet so you can easily evaluate the project or the coin if it is worth it to invest long term. Technical data from the charts are also essential because that is where you will base your entry and possibly exit point if you decided to get in.
the fundamentals in a project must be good, don't let you choose the wrong one, but fortunately we can get help from coinmarketcap, I think the top 100 can be for investing in the mid term or long term Well coinmarketcap is a prime tool for tracking hundreds of cryptocurrencies to know its current price but then there's a gap with its time pricing, I'm not just sure how long it is. Investing on a coin seems to be harder these days as the market behaves so unpredictable due to large numbers of investor and traders now. It will not take you to a half or a 100th coin in the market , there are already coins that is worth to invest in the top10 or 20s. It will be difficult to try to invest in new projects nowadays because fifty percent of these new projects are scams? While the other fifty percent is unsuccessful due to not reaching the soft and hardcap of the project, that is why it will be worth for investment if you just invest the half of your money to bitcoin and the other half is to try to invest in top altcoins in the market like ETH, XRP, BNB, BCH, LTC, etc because you will definitely get or earned a good profit. Before investing with some coin I am looking for how long their coin sale take time, I never invest with ICO project on pre ICO because have waiting too long to get back our money if their ICO not failed on the middle way, best opportunities investing at the end of ICO project although without get bonus I think not have to wait for long time until coin can sell on exchange market. Oh so you are just participating in an ICO just so you could just sell it right away if the price had exceeded the price you had brought it. Isn’t what commonly happens is that it would not immediately exceed it but most of the time it won’t also without the bonuses that you get when you purchase earlier on then your chances of getting back your investment would be very slim if you think about it so I don’t think that your way is very effective though if you think about it there’s a high chance that the project would proceed since you can inspect whether the ICO is successful or not. |
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... As for me, I think next decade would not be enough just yet for digital currencies to fully dominate, as most banks and people from around the world still prefer fiat more than Bitcoin, etc.
Yes, all of us are free to predict about Bitcoin and other cryptocurrencies. But for me, they’re just predictions. This world is unpredictable, as what I have said over and over again in my previous posts.
I share your opinion with mine. In my opinion, I don’t really think that cryptocurrencies exist just to bring downfall of fiat system but rather I see it as a new monetary system that would go hand in hand with fiat in order to offer more choices and conveniences towards the people. “Fully replacing the fiat” is quiet a bold statement to make and these predictions are quiet wild in some way where they are looking far into the future with no current circumstances backing and I would classify this as a fiction for now. |
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Actually your dream for bitcoin is very difficult to realize seeing the reality of the current conditions. We must be realistic
in undergoing this crypto world, so as not to stress seeing reality. I think dreams for bitcoin starts from simple and realistic
as to expect the price of bitcoin to return to $ 20,000. After that is achieved, it can increase your dreams or our desire for bitcoin.
I do can say that I agree that I don’t see those dreams to be realized anytime soon considering the current state of the market of Bitcoin. Furthermore, going back to $20000 would take years and I would prefer for it to slowly increase its price since it is more healthy and the resistance would be built through time since if the price would surge with such a little amount of time then the resistance would be stretch thinner hence allowing a major dump of price as what would naturally follow. |
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I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.
China, Russia, and Japan will be the countries that have the best blockchain technology, I don't know about the United States, it seems like they have no interest here On the contrary, I had read a news that the United States had invested in research about blockchain technology for a couple of years already and seems like the might release their own cryptocurrency just like what the China is planning. You might think that the United States being uninterested because of their opinion against the cryptoworld in general but the thing is that what they don’t like in my opinion is the decentralized characterisitc of Bitcoin. Japan had been the most active one I suppose in adapting the blockchain technology. |
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To really understand it then it comes with experience that you can accumulate through time in your stay in the cryptoworld. Though sometimes we made mistakes but that is a part of the process for us to learn and be better. When you come to a point that you had acquired the ability to not panic when the price started to fall big time as high as the price it had risen which I think is one of the biggest risk that is existing in cryptoworld but not permanent as the market volume became massive so as well as the volatility would lessen.
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The thing is that there are people who are too hopeful without realizing that they are living already in a fantasy. The movement of the price way back 2017 is very unusual in a sense that the price had rose so high that it became suspicious and I’ve been telling my friend to sell it when the price had touched around $20000 but he had been blinded by the excessive hype and FOMO due to some speculations that it would rose even higher or that it would be the new floor but everyone who had enough time spent in the cryptoworld know about he price correction.
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Market has mystery way and theory different with the field. You can argue with all analyze you have but market has different answer. We only need to recognize market behavior and practice with one strategy in all condition. I can't answer your question but don't try too hard just follow developer step read the market and decide what the best for you.
I don’t think that it is a mystery because there’s a reason as why it is happening. We can talk about how simple and complicated it is but it always breaks down to the basic principle of supply and demand. In trading there’s what we call resistance or also known as the buy orders. In the situation that the OP had mentioned, although there are dumps made by the bounty hunters it doesn’t affect the price that much because there’s enough resistance or demand to catch those who are selling their coins or tokens. |
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As there are many corrupt wealthy people around the world, such as politicians and crooks, and they would always try to get rid of their cash in many ways such as money laundering. Since there are many ways to get rid of cash ranging from the obvious to the rather obscure. Has anyone used cryptocurrencies in money laundering schemes?
I mean considering the anonymous nature of cryptocurrencies around the world, I think that it would be a good idea to use it to hide your money by converting cash into cryptocurrency which can only be accessed by yourself and anyone who has knowledge of the secret passcode of your ledger.
Is it possible to do so or the authorities have countermeasures in place in order to catch people red-handed when laundering money through cryptocurrencies.
In our national news in my country, Bitcoin rarely appears on the national television and I recall the time where millions of amount in our currency had been laundered by a group of people which they use Bitcoin as mode of transferring this money and accumulating the amount but in the end they were caught by the authorities which proves that the government had established a certain way to track down this abusive people and for the justice to be delivered. |
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Then the question would be: when is the right time? I mean it was made as mentioned as a P2P system in doing transaction which technically serves as a currency but Bitcoin’s price always shoots up then would we never use it as a payment but rather just hold it. You can save Bitcoin just like real money as your savings whilst spending it when necessary. It should act us a currency for it to gain popularity and be integrated easily at our monetary system all around the world.
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In a time where a lot of bounties turned out to be a scam sometimes you don’t which to believe and join. As you don’t really know much about how reliable are the people behind these projects then you will resort to the bounty manager hired by the team of the project. Reputable members would surely be a good impression since there are bounty mangers who are quiet strict on what bounties to manage by going through extreme measures to ensure that it would not be waste of his time and his bounty participants.
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Why did they bothered with it though? Since this is in Germany maybe they already know some push to change the EU laws regarding cryptos?
If I live there I'd probably use the service to get money from my bank account into crypto but I wouldn't keep the crypto in there. The point of having crypto is to have it as an alternate asset in case banks fail, keeping it in a bank is counterproductive.
Not everyone in the EU is very happy, for example, Britain is attempting to exit a lot of the EU trade agreements since they are quite restrictive and you get basically controlled by the majority of people in the EU, although I do believe the overall rules from the big guys at the EU supersede all ruins made by local governments. That's fascinating, how they can make rules for you without being even in the Euro zone (from what I remember the UK kept the pound). I'm interested with how Germany would carry on with this, if it'll get struck down by EU or if indeed, there is already plan to change the law and Germany is just preparing for that in advance. I think that it is necessary to take into account the fact that Germany has political and economic weight in the European Union. Countries such as France and Germany are the largest investors in the European Union and therefore no one dares to dictate terms for these countries. Also, I think that the European Union would mot have the power to override the existing laws and regulations that a member country have since it would become a challenge to their sovereignty of the state. As you had mentioned, countries like Germany have strong economic prowess along with the military and sciences have a major impact as to why an organization could not challenge them over their decision. In addition, I don’t see any harm with this news and should be left as it is than creating unnecessary conflict. |
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Why one purchases bitcoin instead of altcoins which is comparably lower in market price? Because bitcoin is not the the same cryptocurrency compared to those with lower price. The fact is yes, they can be use for transactions, but the difference is that, they cannot have the opportunity that bitcoin is providing to people which in fact, returns greater ROI because of huge volatility where other crypto could is trying their best to be at that state.
But we should consider the high risks in dealing with altcoins since as we know a lot of altcoins are come and go. When you invest in Bitcoin, it is much less risk since there is a massive volume in the market backing it unlike some altcoins out there. A lot of people been saying that Bitcoin’s price is high right now to enter and expect massive returns but the thing is that Bitcoin’s price surpasses its current prices much greater than what it was. Not investing now in Bitcoin would be much too late than doing it later on. |
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In actuality, some are still researching for possible integration of the blockchain technology in their current monetary system like USA for example and also there are countries like China who are on the verge of releasing their own cryptocurrency backed by their central bank. It is not about cryptocurrency though but rather the blockchain technology itself had been a major breakthrough in hastening the transactions which is vital in the economy that would yield to the positive exponential growth.
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But there are those who are born in poverty which is not their choice. Also, take Africa as an example where the people are forced to live in poverty and can’t do anything about it because their basic rights especially with education are not given to them. It is by the corrupt politicians we turn along with the opportunistic people playing behind the scenes. You are lucky to have been born especially in a country where the government had provided you protection of your basic rights and needs as well as I.
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I am glad i was once of those that made such thing possible  because you have enough capital to do so,the problem in many "so called investors" is they investing with the money they need to live,and not their spare amount. That a sad thing because in the cryptoworld is full of surprises due to extreme price fluctuations hence sometimes it needs time to wait for it to rise because cutting your losses is not applicable all the time if the regular movement of the price would just bounce back. Spare amount is beneficial because it could wait rather than the latter. Not because i was lucky but because i have invested as a result of being pre informed about upcoming price changes and pump and dumps. It's not hard to know how the price is changing if you have the knowledge and hodl when you have to  you are not lucky but you are tough to risk the money,though you are also a believer that bitcoin will grow again in future. I think its not a risk really when you invest in Bitcoin because just by looking at the graph you could say that somehow in the future it would surpass the price it currently has. Along with the developments that would happen in the future. Speculations are the ones that makes me easier investor and take profit as finger snapping.
lol since when that speculation makes easier?upon all the things you've said this is the only one that i dont agree because thats why it was called speculative because no one can assures this. I’m curious to know as well. How would an investor could ride on a mere speculation. |
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I don’t get it though as why does the United States have only two presidents to run. And it is selected within the these two parties. I mean why can’t a person run independently with no party list or another partylist can be created. I think it linits the people choice because what if there is no one to choose among the choices made by these parties.
I don’t really know much about Trump since I don’t live in the US but most of the news that I heard aren’t that nice and I don’t know which to believe. It seems like people are just selecting which one is less worse than the other.
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I do not hold for long anyway which is a personal choice unless it's a very genuine project that maybe dumped on me I will hold it so as to recover back but if it's all these altcoins out there without future I prefer day trading with them.
doing hold must be based on coins that are held too, we cannot hold with coins that cannot develop because it will just spend time. so when doing a hold you must understand the coins that you hold so that when doing a hold we do not hesitate therefore having knowledge is the most important thing for holding long term, because not all coins have good potential for a long time. with us knowing the background of the coin from the project being developed, then at least it will make us have our own predictions about holding for a long time or only for a short time knowledge is very important but it is not always the key to success. there are many other things that can change the situation very quickly. The most important thing is to always know about events that occur on the market or inside the campaign in which you invest. it will help you always avoid unpleasant situations The combination of trading skills and knowledge is essential to understand the market moves and analyze the market patterns properly with a clear mind. The unpleasant situations occur in bear markets and nothing will help the trader to get rid of losing trading positon. Inside information is illegal to use in financial markets and the fines can eat the profit + total balance if you think about it. But on the other hand if you fall short in terms of trading skills or can’t monitor the prices from time to time then long term hodl would be a better choice. It is not a joke if you think about it but rather it is a matter of convenience along with your skills. Sometimes it is much safer to do long term hodl especially if the coin would have a good future like Bitcoin and ETH as an example or any other crypto that you believe so along with the factual data that you had gathered but I prefer the OP’s suggestion tho. |
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