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This is a very good clear statement. Today in the crypto world, we have a lot of people who are still not confident of the system. These are the same people who complain each time there is a little sharp decrease in the market prices. They are also fond of exaggerating any negative news about Bitcoin. If you are not ready for the risks, then stay out.
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No. Don't get them out. Maybe their critics too will help the market in one way or the other.
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As for me, I don't think the politicians are afraid of cryptocurrency because it will necessarily stop corruption. Some of them may even take advantage of the fact that cryptocurrency transactions are not traceable, and you can have millions of untraced money without anyone knowing. Maybe they are only scared of the high volatility.
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My response is a big No. Why should you sell all your alts to buy BTC? That is like dumping other coins. If you really want to have BTC, I suggest you bring in fresh money investment into buying the BTC. That way will increase the money into the market. Also, those alts can also rise in price which means more profit.
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If the banks decide to offer Bitcoin loan today, how will it be managed? I think this might never be a feasible thing nor easy for the banks to do. The cryptocurrency wallets are anonymous and the person taking the loan can deny owning the wallet or even claimed that the wallet has been hacked. Pay back becomes a legal issue. How will it be settled? So therefore, no need for such loans.
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It really gladdens my heart to see investors growing in confidence to invest in cryptocurrency in spite of the negative news been spread around. That is to show the level of stability and ground cryptocurrency has gained worldwide. It will survive.
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I think the banks negative attitudes towards customers have been deeply responsible for this. It is their unexplainable deductions they carry out on peoples accounts that have made them to seek alternative which is what Bitcoin has promised to offer them, and it is already offering them, coupled with the high profit returns it also offers.
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Although it may not be that too easy to change the perception or view of some of the persons in our communities, but should keep trying and talking about it. Some of the easier way is by letting them know the real life application of this cryptocurrencies and the huge advantage and stress it saves them when doing transfers along far distances.
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In my honest opinion, Bitcoin does not in anyway need to be deposited in the bank for any reason, and as such I see no need for banks to even consider accepting Bitcoin deposits. Bitcoin was created to be a decentralized system without intermediaries in its transactions. Banks accepting Bitcoin deposits is like taking us to the same fiat system. With Bitcoin, you are your own bank.
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If only the government in various countries will open up and see the enormous benefits of blockchain technology and embrace it rather than only seeing the negative aspects of Bitcoin. This is one technology I am quite sure will help to reduce election frauds and manipulations if it is well managed or improved upon. Blockchain is a very transparent system.
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I really don't want to be drawn into conclusion yet. This is because the fall in price is not just affecting NEO. It affects every other currency in the market. Before I conclude, I would like us to observe the coin when the market is in a real recovered state. But for now, nothing is conclusive.
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We have heard this over and over again from so many Bitcoin enthusiasts including myself. There is obviously nothing that will kill Bitcoin. Just as we have some prominent people who are against it, we also have prominent people who are backing it. So, you see, it is a stalemate between the two and Bitcoin will just live on.
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Yes it is possible for Bitcoin to have a shortage. Even as it is currently, we are already experiencing a kind of shortage. The total Bitcoin supply is 21 million of which 17 million is already in circulation. The 17 million is not even enough for the few people who have already started using Bitcoin which in my opinion are not up to 2% of the world population.
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The fall of Bitcoin? How has Bitcoin fallen? In spite of the motives of different persons to Bitcoin, I don't think it has actually affected it much. Besides, life is not always all that rosy.
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Money and wisdom makes one rich. You cannot proud yourself to be rich when you have no penny. No matter the knowledge or wisdom you may have, without the money, you will continue to struggle or even survive.
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This will be very good. Owen is an internationally respected football player. I also believed that owen is very liked most especially in the UK. I think his coin might be a success as well as a boost for cryptos in general.
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I am still wondering who this man could possibly be. Could Bitcoin have been a deliberate plan to be created with an unknown person? I think it's not just ordinary for Satoshi Nakamoto to have created something as great as Bitcoin and disappear from the scene. Any, it is still all good.
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I hope all this will happen someday. Everyone wants a world where cryptocurrency will be used by all and every organisation.
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This is actually not far from the truth. It has happens several times. I believe the whales just have a way of always manipulating the market.
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