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In my view, I think that 20K is quite doable by Bitcoin even within this year. Right now, I can sense some momentum building though just like anything in cryptocurrency predicting can be a very risky business as there can be many manipulative forces also lurking around just waiting to show up at the moment they wanted to. Definitely, I would prefer to agree with Bloomberg rather than stick with the "dick" of John (just kidding).
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There should be no place for racism anywhere and it is my firm belief that any society should be dealing with this problem as a united entity or organism rather than be divided and be using the same as an excuse for other violent acts which can only make things much worse. Of course, there can be some who have the agenda of rocking the whole boat and they are using this sad incident as an opportunity. The question is: Is there really a correlation that when a big country like USA can be undergoing many crisis, it can positively impacting Bitcoin?
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Well, there is nothing we can do about taxes since it is always in the power of the government to levy such a thing. Now, in cases where people feel that the rate and implementation of specific tax laws can be burdensome then maybe the best thing to do is to advocate for it to be more rational and fair. As long as we are conducting business and much more if we are making money, the governmental machine can be upon us. I am still thanking the heavens that I am in a country where tax laws are not that so strict and the government has not been flexing its muscle on cryptocurrency business.
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Well, what can we expect from this funny man? John has shown to be a big joker, and he just continued to say whatever he wanted to say all because maybe he is making some money while doing it. He still has some following despite the many incredible claims and predictions. Now, has officially laughed at the "1 million" prediction he made. You know what, maybe this is the time that we officially shut down our door to him and not listen to whatever he might be saying in the future. That is the only thing we can do because he has no credibility at all. I love Zac Efron though.
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I am not so sure but it seems that this is just simply another encroachment by the government into the lives of its people and now they are including those who are dealing with cryptocurrency. And I am not wondering why this is so considering the kind of regime that China has. In its mindset, it will try to do anything possible to have the grip on people's lives. Unfortunately, this is not inclusive to China as even other governments of big countries are thinking the same: influence and control.
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Right now, there are so many cryptocurrency exchanges all vying for the expanding and exciting marketplace. Crypto exchange has in fact become one of the fastest growing industries we have around. Right now, there is no question that Binance remains the leading name and it is offering many functionalities that other smaller exchanges may not be able to compete well. However, a trader like you may have specific experience you are looking for, so maybe why not try some newer platforms and see which can satisfy your search...
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Hello, I am back to this forum after fighting against corona, finally I can be here again. So, what are the recent updates about bitcoin and what do you expect to happen in one year from now?
So first of all, congratulations for winning against the odds brought on by CoVid-19. I am wishing you all the best of health and the many good things that can happen soon with your second chance of life. Just to summarized on Bitcoin: Amid the many problems experienced by the world, BTC reached the 10K zone yesterday but as I was expecting there is a retracement today though maybe there can be still a lot of energy left to surmount the 10K challenge once more in the next few days. |
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LOL! This always happen when the price is starting to gain traction, I remember the exchange we are using in our country, the maintenance happens every time at the very short notice.
The naysayers says that this is happening because they are not going to profit from it. Care to explain?
I think I know that exchange you are referring to. Well, it happened many times already so no wonder people are suspecting that they did it intentionally so that users can not convert their Bitcoin to the local currency. I am then hoping that they also introduced a stablecoin into their platform to ease the conversion burden. Funny that both that exchange and Coinbase can be experiencing the same thing or so we could speculate. |
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Well, I believe that indeed that there are many ways we can look at things. Indeed, with the scenario you painted above, Bitcoin mining using renewable energy which may mostly be inaccessible by ordinary consumers and hereby utilized for economic gains in cryptocurrency can be better. I know that many of environmentally-conscious opponents of Bitcoin are all ready to point to massive energy requirement to run Bitcoin mining but if the majority of mining can be done with renewable energy then maybe we can turn their opposition to appreciation. In addition, we also have to consider that all industries (including banks and financial institutions) are all using power without exemption.
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You have an inspiring story and the big lesson here is to look for opportunities to accumulate Bitcoin. I for one accumulated my Bitcoin doing some freelance work and making sure that I hold on to my portfolio never allowing any temptation to convert the same for personal use. Bitcoin is the future of money and finance especially in the light of the many events that occurred recently in the global scale. I do believe that this is the best time to add more Bitcoin and so if anyone here is kind enough to deposit Bitcoin to my address just give me a heads up (just kidding).
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It is quite a popular notion in the cryptocurrency industry that Bitcoin is the digital gold. Maybe because there is that wish/hope/pray that Bitcoin can be functioning as the gold counterpart when it comes to storing value. However, there are also people who are not convinced on this aspect. Its volatility alone may make Bitcoin not comparable to gold which has had been steady (though increasing also) for many years. Gold is considered as a safe haven while many are doubting if Bitcoin should be classified as such. Gold can be boring but Bitcoin is perennially exciting maybe right from the beginning. Whether it can be officially said that BTC is the digital gold, maybe we should reserve the answer to that question on its 20th year anniversary.
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