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Yes, you are right. I personally see bitcoin as an asset, not a currency. some very strong factors for my opinion are Bitcoin is fluctuating, has no price stability. other than that Bitcoin is produced through mining, like gold. but maybe your views are different and assume bitcoin is a currency, and it's free. because there are no rules. and in essence, bitcoin can be used for transactions easily and quickly.
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actually I don't think at this time (bitcoin is obsolete), but reading your thread is interesting. 90% of technology has progress in making better. for example: machine type -> pc pentium -> pc core -> laptop.
or android phone with OS version, Alpha -> Beta-> Cupcake -> Donut -> eclair -> froyo, until now OS Oreo. I think Bitcoin will be like that, has a replacement but the operating system remains Blockchain. and bitcoin first became obsolete.
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90% of those who are talking about death of bitcoin are the same people who are trying so hard to buy bitcoin when it drops a small 5% so that they can accumulate a tiny bit more.
The rest 10% are the newbies who fall for the 90% FUD and are scared of the situation.
currently too many beginners who have fear have entered the world of Bitcoin. investment without thinking of risk. since the rise of bitcoin at the end of 2017, many beginners have entered, and that has disrupted prices. because they don't think about big losses when entering at high prices. and now beginners are disappearing because they have seen bitcoin die. and for me it's very good. because only strong Bitcoin holders still survive ... let beginners go and cry. |
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https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year. So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts. different from my country, most people want to invest and want to get profit quickly. but many people make mistakes. because 7 out of 10 people I surveyed, they were stuck on ponzi investments and pyramid schemes. what about Bitcoin, they are afraid of risk, and I think it's stupid. because they see Bitcoin from risk, while seeing big and fast profits from ponzi schemes. You are right to invest. because with a big risk there is a greater profit. |
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very good, you are right. manipulation, pumps and dumps, destroying patterns, panicking new investors and those who don't have patience. this has a positive side, because it filters out strong people holding coins. and leave the panickers. for those who have patience. they will enjoy great profits.
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I have heard their cries, and I think they will soon sell their Bitcoin because of fear. and I see those who are weak are dead with the challenge of bitcoin. and in the end those who are strong will get a lot of profit from Bitcoin. if you still hold bitcoin. keep calm. because Bitcoin will give you a big surprise.
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Bitcoin will not close to zero. I believe, with the increase in Bitcoin from zero to $ 20K it is perfect. because seeing the whole world is looking at Bitcoin. from sand to gold. this is very real and it is impossible to return to the sand. stay calm and we will see those who make negative news about Bitcoin will cry because of regret.
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everyone can give opinions about crypto, but crypto users are worldwide. so to collapse still very far, i think it's still 0% of a big collapse. because every day crypto currencies are growing and can't be limited. so anyone can make success from the crypto world.
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the best investment is in bitcoin. and you can buy it now. because prices are falling again. but it takes a long time to get big profits. and you must be patient to get that. but if you want to choose another. You can buy some of these coins, ETH, LTC, DGB, WAVES, NEO, TRX, EOS.
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yesterday I also thought like you, I am very happy Bitcoin prices have shown the direction of the bull. but today changed, because the bitcoin proposal is pending. so the price of bitcoin falls again at a rate of $ 6000. it makes me think bitcoin will continue to fall. Maybe $4000
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when someone is aware of the future, all the ways will be done at this time. including selling houses to address the future. I really appreciate that. because you have planned your future. and in my opinion it is most appropriate if you choose bitcoin as a ride to your future for the better. I also believe bitcoin will give us a very good and successful future, especially in finance.
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I think that nobody controls the price of Bitcoin and other crypto currencies. it is only an agreement Price that is done by sellers and buyers. besides that is news that affects the price of bitcoin. like a few days ago Bitcoin prices fell after the bitcoin proposal was postponed until September.
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Their country of Thailand has realized the progress of financial technology. so Thailand has legalized Bitcoin as one of the currencies that can be used for transactions. I think that when a country receives a technological advance, the country will become more modern. so it's very good for Thailand because it has legalized crypto currencies.
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if you want to eliminate bitcoin, you must be able to find bitcoin weaknesses and bugs. and provide solutions to new coins that are more meaningful than bitcoin. the problem is that the bitcoin adherents are already very large and very difficult to break. some altcoins have tried it, like BCH, ETHEREUM, LTC, BTG, EVEN ZCASH was phenomenal when it appeared with the Bid price reaching 3000Btc / 1zcash. but all fall and cannot compete with bitcoin. and bitcoin remains number one in the world of crypto currencies. because he is the king and pioneer of the blockchain world.
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I never thought bitcoin was dead or a scam, because when I saw the plot in the previous year, it turned out that today's chart was following the direction of the previous graph. so I don't panic with this. Keep calm. if you have money I always buy bitcoin to collect. Everything will be fine in time. so it's waiting for a good time to pick it.
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I think the market is recovering slowly. because Bitcoin hasn't given a sign of a high pump. but from the candle pattern, Bitcoin has made a change in the upward direction. it's just that all need support. if you want to invest and restore your losses, it's better for the long term. if it's only 1 or 2 months, I don't think that's enough. I suggest investing in Bitcoin and ethereum. because this is the best.
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personally, in my mind it adds to the profits and makes the whales even more rich. Bitcoincash was created to replace bitcoin, but in fact bitcoin fans did not move from their seats. maybe because of the fork, they've got it. then what is the function of Bitcoincash, basically so that transactions can be done on a large scale. because the block size on bitcoincash is greater than bitcoin. but until now there has been no increase in transactions.
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I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
of course there must be someone who lends crypto currency. if there is an effort like that, it might be better. but with the refund conditions must be crypto. I think that will destroy one of the banking systems. but until now there has been nothing about crypto fund loans. |
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I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins.  that is normal in the crypto world. because he has bought bitcoin at a low price. anyone can do that, but they must have great patience. because long-term investment is not seeing the daily price. the person has invested and is right to buy bitcoin. because this year bitcoin is very expensive. if he sells today, he will get more profit. maybe it can be $ 200,000,000 |
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unless they are crypto currency developers make a regulation. Basically there is no regulation of Bitcoin, because the main thing on bitcoin is anonymous. but if Bitcoin can have an identity feature, I think it can be used for a rule in bitcoin. because if it's still like this. bitcoin will remain a digital asset commodity. and does not apply as a currency.
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