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Quite often at some time interval Indian government makes some statement related to cryptocurrency usage. Most of the time media itself decides the decision of the government. This used to make some panic wave around the globe.
User who have been into cryptocurrency for a long make use of these days increasing the portfolio through trading. Because, they're well aware of the situation as Indian government is doing the same for a long time.
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Bitcointalk Username: n0ne
Current post count: 4286
Merit earned in last 120 days: 0
Your BTC Address: bc1q25mn390g28frayntu4wduew23g862mne2u7cey
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It will bring huge impact in the price of bitcoin. It will became trusted a by many of the governments. The price of bitcoin is not purely on adopted altcoin.Can the centralization will bring new people to the investments of crypto tradings.If more people get into investments,the price of bitcoin will increase automatically and gives you more profit.
What will you do your profit if you don't have any control of it? do you know what decentralized actually is? Decentralized system means no one has control of your funds except you. If govt able to freeze your coin and seize your profit and take unnecessary tax then what you will do with your profit? Investors will never trust such kind of centralized system. It doesn't mean that once we are in a centralized market we don't have control of our funds, it has been said that the government will take control of the price where they can pump and dump if they want. The only advantage of being in a decentralized state is that the market moves freely but because of the whale's participation, we are no longer that fully decentralized status, price can still be manipulated by them. But in terms of security, it is too weak than being back-up by the government. True, decentralized or centralized it may still be controlled, and currently, the government may not have the authority to centralize Bitcoin but it is definitely backed by whales, therefore, regardless whether if it is centralized or decentralized, the market and Bitcoin is still owned by the whales, I'd still go for a decentralized system but you can never rely on a single currency, the market is as huge as the ocean. Yeah, the whales of the market holds a big volume of the entire bitcoin mined. This gives them the authority to have control over the market. At times the Whales manipulation makes the market look like an centralized platform. However beyond certain limit they weren't able to make big impact. The whales create disturbance, but it is the users who make the market go down or up based on the level of panic at times. |
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You investing in a coin because the price have gone up is really a bad idea most of us that have been in Cryptocurrency for a long period of time have different experience about cryptocurrency, I believe we have all seen a situation where the team of a project pump the coin there self just to attract investors and then later dump it on investor so pls don't invest in a coin because the price have gone high.
Yes, there are coins that are highly manipulated by the teams. While choosing an investment of is a must to go with a coin that grows without any external factors. There are pump and dump groups that do this. Just shatter the coin once good investment is attracted towards it. So, many things are to be noted before investing. It is good to invest on well known cryptocurrencies of the top order than unknown coins. |
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As anticipated, more and more CEOs of giant companies and wealthy private individuals are already indulging about crypto. I mean, even before crypto became quite famous as these days, they have invested already in secret manner. It's not that they will brag publicly that they've invested on it, and others are silently joing the movement while others are using their fame to slightly control the value, I guess you know that already  Even before the massive bull run reaching the latest ath there were more investment and interest over cryptocurrency on the whole. Most of the technology associated company CEO's surely hold cryptocurrency. For some reason this has been kept confidential. Most of the time these CEO's never talk about it. Now for the first time Apple CEO have mentioned it and explained his view about cryptocurrencies. Tim have revealed it to the world, because he had understood the success and experience of being into cryptocurrency. If he had revealed it earlier and if the bitcoin network have collapsed then it would've been a big flaw for his name and firm. Thats the reason why he took the right moment and mentioned everything. |
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Cryptocurrency trade is safe when the right coins were added for trading. Some coins used to fluctuate very minimal, with those cryptocurrencies there is a need of good holding to make a better profit. Cryptocurrency trading is safe when the market is completely bullish, with forex the market seems to be almost similar all the time. At times cryptocurrency market predictions were made out of choice, but with forex the Predictions can be done precisely.
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It's not really worth to hold a meme coin for a long time because the coin has no use cases and most of the meme coin were pumps and dumps so it's good only for short term, just sell it right away if you earn profit. I bought some meme coins because of the hype, I will sell them right away if I made profit.
If talking about meme coins I think what you have said seems to be right, for sure don't equate meme coins with altcoins because they are different and when we buy meme coins don't ever hold it in the long term it's likely to lose money if that's the case, meme coin is definitely suitable for the short term Memecoins doesn't have any exact time frame for holding. Some profit in the long term whereas majority of the memecoins show a massive breakout at the beginning and fades of from the market. Holders who get lucky to invest on such cryptocurrencies will be the only beneficiaries out of those memecoins. This hype will continue for some time, until then there'll be more buying and selling of those coins. |
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Meme coins are just part of the cryptocurrency. Memecoins in other terms are like lottery tickets. You might be lucky to profit or end up losing. These days more number of meme coins have been reaching the market, but very few coins gained popularity due to the hype and exposure given by popular faces. Right now few of the meme coins were trying to advance making more development to the platform.
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During this bull run Solana have grown high against Binance Coin in percentage. Maybe if the same growth pattern continue there is more chance of Solana reaching $1000 at the earliest. Binance coin have got multiple ways of market making which makes it grow in a stabilized manner unlike the bear and bull trend of the market.
Solana and Binance are two coins with good potential. Based on the price at which the market is moving, Solana is targeting $500 whereas BNB is targeting $1000.
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Satoshi Nakamoto
Blockchain
Mining
Darkweb
Exchanges
I've mentioned the five key words and the details are compiled below
Going through the name one can get some basic understanding about how bitcoin came into the world.
Blockchain, the term is much used in the cryptospace. However knowing about the process will give a wider view about cryptocurrencies as a whole.
I've mentioned about mining, because it is the life to the network. With the beginning of the history mining won't be explained much as desktops were also used for mining bitcoin in the early days. The advancement need to be Known.
Darkweb, because there is a misunderstanding that bitcoin is for the darkweb. Going through that one can understand the usage of fiat is high in darkweb than bitcoin.
Exchanges are the backbone, because they're the market makers. Without them the market progress and decline won't happen.
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Not going into the research itself, it's really important to note where are the people who participate are coming from. For instance, I'd be shocked if the majority of Americans, Canadians, Scandinavians, Germans, Brits etc... thought that they trust local currencies less than BTC. Furthermore, even though the research is still ongoing, it's still a small number of participants (seeing the study is globally conducted) s the actual numbers aren't ready to be interpreted in any shape or form. So let's give it time.
The sample is small compared to the universal population. It is a must to specify the places from which and all participants responded and the numbers. As said participants from specific countries will be highly positive on Bitcoin whereas some will be for fiat. So we need to give time to get the best result. In my view the decline of USD purchase power can be the reason for increased trust on Bitcoin.  Internet . Surfing the internet I found it. |
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She only means Bitcoin, not crypto, whether she realises it or not. There really is no other crypto that threatens US dollar the way Bitcoin can. Not that that was ever the end game for Bitcoin. The US dollar is under threat, always has been, from every other monetary alternative. Bitcoin just happens to be the one the US government has the least control over, understands the least and, therefore, makes it the most dangerous threat.
They shouldn't pay attention to Bitcoin and view it as an enemy to fight though. Watch it and learn lessons from its successes (and failures) and use the knowledge to fix your own house.
When they don't have control over it, the government consider it a threat. This seems to be the common view of governments. Very few governments understand it in the right way and try to benefit out of it. America being the world leader in terms of economy it has direct/indirect control over every country. As said, rather than considering it a threat learning the way to succeed is the right thing. The governments have the power to frame laws, but it is the users who find ways to use it bypassing the laws and restrictions. So, her words aren't gonna make any impact over the market. |
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Well, I'm no expertise in seeing the market what will happen today and in the days coming and I think, nobody does. However, with the current number of investors and traders, I can never say it going back below $40k. It was just to see this decline because of the incoming Christmas celebrations, it has to know that and probably these holders are selling off their coins to spend during the holidays and seemingly it happens in the past years.
But of course, this is how the volatility is meant for, a lot of factors that could really affect the market flow.
As we speak, btc is climbing up again. So we will be hitting the 60k level again in no time. The crypto activity today is very different from the last decade, and it is still growing stronger everyday. This is why, the increase of price is always there. It may go down once in a while as part of the normal market performance, but looking at the big picture of the btc chart, we are continuously going up. So in terms of correction, there will always be correction as we go up. So hard to determine if we are going back to that price but since the price became more stable right now then its good to short it since I think many people are been afraid for huge bear market scenario and this could affect its possible pump. But hopefully we cannot see that and still continue to be a bull since its really hard to come up with loses if the market flip down. There's 1 month left before the year end so maybe we can determine on what will happen to the market on December. We're almost near to the end days of November. To predict the market is a tedious task, everyone does it relating with the previous bull trend. Moreover the market changes used to happen with the good and bad associated with adoption and government making regulatory laws. To reach an ATH it needs to overcome more price barriers. Within the year end making price seems to turn bearish than bullish. |
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El Salvador is making history with its powerful moves on cryptocurrency adoption as well as backing the economical system of the country. Long back itself there were more and more discussion on which city is going to be the fintech centre for the world. Years back it was termed to be Singapore, but things have changed and now it is El Salvador. More and more number of business will head quarter in El Salvador in the coming years generating revenue to the country.
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With time living on cryptocurrency is getting to be an easy thing for different reasons. The most important being more number of corporate firms paying salary in terms of bitcoin based on the employees interest. If the employee needs entire salary to be paid in fiat, then it'll be completely in fiat. Through different third party services like paypal and bitpay more services are being offered for bitcoin. Myself don't have big access around my locality which makes me continue using the fiat than living on crypto.
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The price of bitcoin is stabilizing around $57k - $59k for some time period. If this resistance gets broken we can expect the price increase to continue. Over the last week the buy force have decreased alot. When buy pressure decreases the sell price can be seen high. This will disturb the market and doesn't allow to break resistance barriers. So, for sometime the market will grow with fluctuation than a complete bull trend. So, $100k in December is not a possible one.
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After your death the bitcoins will be there on the wallet in which you've been holding it. For security reasons it is good to have a safety box within which one can save the private key and secure the box on a bank vault functioning on a joint account. Apart from this adding the beneficiary to the will and adding details about the private key or the information to find the private keys will make the funds being used by the children.
These days coinbase and Gemini exchanges used to provide the funds to the beneficiary on providing death certificate and power of attorney. Further these exchanges are working on adding a feature for beneficiary. This will make the funds to go to the particular person when the respective person dies.
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I think crypto trading is better than investing, crypto trading has the opportunity to get big profits on a daily basis while investing is just waiting and there is no guarantee that holding for the long term can get big profits.
Fortunately, you only think that and don't know it. Because in the past it has been shown - both in crypto and in stocks - that investing is the more profitable option in the long run. If you had bought Bitcoin at $1 and held it until today, you would certainly have more profit than if you had traded over the years. There are many good studies confirming this - especially in the stock market area. Yes, in the long term investing is the one to give big profit than the money made out of regular trading. If one is good with trading, this could get him even more earning. Because during the continued involvement into trading the portfolio holdings will increase with time. When that is possible automatically we'll get better profit depending on the growth happened with the respective market, it can be cryptocurrency market or stocks. |
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Movies on cryptocurrencies aren't necessary, because regularly we get to see more and more number of documentaries getting shared through different platforms. Documented movie of being rich out of cryptocurrencies can be made to make people understand the potential of Bitcoin. Apart from this, a movie with the blockchain and other events connected to make people understand with story line will be interesting. Maybe in the future we can expect it.
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If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.
I have been around way before ICO period as well, and there are coins from that period, and I have seen ICO period as well and there are some coins from that period as well, I have seen IEO projects become something and now NFT is something and people doubt that it will go on but I say a few will, surely it won't be hyped like today but it will be there. ADA was a ICO project if I am not wrong, after nearly 3 years it reached to 3rd place, THAT'S what meme coins potential is. Look at Doge, it was literally nothing for years, nobody cared about it at all, and then one day it reached to all time high and nearly 70 cents each. I am not saying Shiba will do the same, it is near impossible for it to be that high, and I believe that Shiba will go down, however the argument against it is not that hype will die down, because even if the general hype dies, few projects could still stand. Doge is in the market for a decade. Shiba out of hype has reached this level. The survival of these tokens were very minimal, because if popular person hasn't given a hype shiba would've been an unknown token that reached the coinmarketcap and got vanished. Just through the hype it has reached a level and from that it is getting onto further development of own blockchain and many more. How far this gonna be effective is unknown. However Shiba will be kept alive, whereas doge needs massive support to move forward. |
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