At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.
So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.
Nice ideology, but the big question is will the government allow that? is this not the same reason they are fighting against bitcoin? It's a very generally acceptable ideology but it's a long shot. |
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on a personal view, i think each year always come with it's own uniqueness in all sphere of life, even in the crypto currency space, yes january 2018 was a memorable one for crypto currency, but we don't expect this year to take the same direction. Yes the bull run will definitely come but when and how we can't tell yet but just be prepared, invest now, buy more bitcoin.
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you are entitled to your opinion, but i don't understand the emotional attachment, arguing with you will yield no positive outcome as you have made up your mind about your false claims about bitcoin. But it doesn't matter what you think about bitcoin or crypto currency, it doesn't change anything, bitcoin and the crypto currency industry cannot be stopped, not by false propaganda, not even by the government.
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that's the more reason you have to DYOR, that's Do Your Own Research before embarking on any project as a participant, this will not only help you identify scam project, but also help you to identify viable projects that are worth your time investment. what's the essence of embarking on a project and get your reward but the coins ends up being SHITCOINS.
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i think any transparent government will throw it support behind bitcoin, the main reason why most government are scared of bitcoin is due to the transparent and decentralized nature of bitcoin, so starching money in foreign accounts will become traceable through bitcoin. This is what the government doesn't want. They fear that adopting bitcoin will eliminate corrupt practices.
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yes cryptocurrency is gaining the much anticipated adoption, but there are still lots of untapped potentials in the crypto space. The reason why most persons find it difficult to buy crypto currencies is simply due to lack of information, most person have not heard about crypto currencies and how it works. Now to get more people on board, lots of work need to be done in form of information disbursement. Crypto currency should be included in the scheme and curricular of our educational system.
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the disclaimer is ''invest what you can afford to loose'' don't invest all your money in crypto. Though i salute your courage, but i don't think it is a wise decision to deprive your loved ones of fun that comes with the yuletide. Just my thoughts though.
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well we all are aware of the fact that nothing last forever, and bitcoin won't be an exception. But while it last, let's make the best of of it. Not forgetting the fact that there are lots of investment in cash stocked up in crypto currency and bitcoin alike so let's be positive in this crypto space.
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Children at infancy shouldn't be bothered about complex issues like the blockchain technology, they haven't come to the stage of accountability so all effort to inculcate blockchain in them may be a wasted effort, my thought though.
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the simple reason why the central bankers can do nothing about bitcoin is simply because of the decentralized nature of the coin, i bet my life on it that if possible the central bankers would want to eliminate bitcoin infact they are doing all they could to stop bitcoin, but they cannot stop nor do anything about bitcoin, bitcoin is here to stay.
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though this may not be the major reason for the blood bath on cryptocurrency, but i think this may be a contributory factor to the situation at hand. yes because is a hacker can be able to break into an account and steal coins, he or she may sell of at prices below the worth of the token. let's be security conscious when it comes to protecting our wallets.
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The answer is NO, yes i will agree not all blockchain project has a token, but the blockchain technology though will survive but not for too long without crypto currency. The main reason the blockchain technology is gaining adoption may be traceable to crypto currency.
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i voted yes, that's because i believe in the future of bitcoin.
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despite the hard forks and harsh wars, I see this as a reassuring information about bitcoin, this goes a long way to show the fact that there is still much hope for bitcoin in the near future, just HODL and be positive.
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i don't think anybody made a loss in crypto currency, you only loose money in crypto currency especially bitcoin when you fail to hodl and sell off at a price lower than the price you bought. So at this point of harsh war, hodling is the best policy ever, so hodl!!!
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i think you have got the right spirit for this kind of situation, i am also part of the small scale investors but i don't see this as a lose but rather an opportunity to store up more bitcoin and wait patiently for a price pump, though am not aware when this pump mayb occur but am very certain bitcoin will rise again.
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though satoshi nakomoto still remain a mystery, but it will take more than just this to convince me that the very brain behind bitcoin will sell off his bitcoin. that's is a fallacy, the reason for the manipulation in bitcoin prices is because of the bch forks, and things will surely bounce back to normal when we scale through this trying times.
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it would be a dream come through for crypto currency. i mean bitcoin will gain mass adoption and subsequently other coins will follow suit. i think the major issues with crypto currency is the lack of real life use cases, with news like this then we are gradually approaching that era where coins will be used in real life to solve issues.
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