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No, that is not the main reason for Bitcoin losing popularity, but because the government is still afraid to adopt Bitcoin as a legal payment method. So that makes people reluctant to use Bitcoin in their daily lives. Bitcoin will remain the greatest ever since digital money existed.
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For those who have experienced the beauty of the bounty world in 2017 ago, then there is no reason to leave the world of Bounty, because at that time we could get a lot of money from Bounty campaign, so we still hope that in the future there will still be projects that can give us a lot of money.
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Well, I feel optimistic about good news like this, if the project can be successful then there is a big possibility that the effect on the price of Altcoin will occur, Yeah Altcoin season I think will arrive soon. Especially after Halving Bitcoin later many predict the price of Crypto will return to the moon. Maybe because of this factor the project developers entered the market.
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Legalizing bitcoin on a certain country won't increase the price instantly of course but it will surely affect the price of bitcoin slowly plus the incentives that the current country will receive. Like for example opening the eyes of citizens about bitcoin and the full acceptance of blockchain technology in their own country, That's why I believe that the effect of legalization on a certain country will take effect slowly.
There will be an increase in prices if by legalizing Bitcoin then people start flocking to buy Bitcoin so that makes the demand for Bitcoin to increase of course If demand increases, the price also increases. I am optimistic that if many countries legalize Bitcoin, ordinary people will start learning about Bitcoin. |
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Very true what was conveyed by the OP in this thread, we must prepare everything for our possible death, otherwise all our assets cannot be taken away by our immediate family. I have not yet provided my password and email address for my family but I will tell them where I keep my assets.
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Undoubtedly, the current price indices for rating cryptocurrencies are much higher than they were at the end of 2018. Nevertheless, only Bitcoin and Ethereum can be considered good indicators, which have improved since the beginning of 2019, but in relation to all other cryptocurrencies, there is still a bear market.
For this year, indeed the price of Cryptocurrency has increased compared to 2018 when the price of Cryptocurrency experienced a very drastic price decline, but don't worry the current Bearish market will start to disappear little by little and will be replaced by the Bullish market. |
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Yes I agree, Blockchain technology in the near future will be used by various countries to control various requirements in the state administration, such as banking, medicine, etc. I am very confident that Blockchain technology advances will increasingly be used in the industrial world.
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If you feel that the ICO project is not worth participating, leave it, but I don't think it can stop the ICO because the ICO project will still exist even though many already do not trust him anymore. You can switch to IEO which makes us more comfortable because they are already listed on the Exchange.
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in my opinion right now is the right choice to sell all your DOGE and change it to BTC because Altcoin is currently suffering a lot. and maybe you've heard if the price of BTC will surge in the next few months or years. so I think you will not regret if you sell all of your DOGE to change it to BTC. if you are still in doubt then you have the right to choose a decision for your own good.
Personally, I will continue to hold Doge because there is still a wide opportunity continue to increase prices in the next few months. Doge prices are now at a rate of 34 satoshi and I am sure this will continue to increase. But if you want to buy, place a buy order at the rate of 30 sats, its possible I think. |
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Some of my friends are teenager. But there are a lot of them success in trading and in crypto. Although not big, i think when teenager know what is benefit that they can get from bitcoin, they will be serious. Because they can make income by themself without afraid about age.
Yeah of course For those who focus on the world of Crypto, it doesn't matter if they don't get work from the offline world, because the income from the Crypto world is also very sufficient. Unfortunately teenagers now spend more their time in online games. |
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The demand will increase that's why its supply will be limited, it is not something to be afraid, but it will be the reason for its price to increase or even maximize its price over the time. Its use will also be expanded where everyone can be able to use it in many ways.
The use of Bitcoin I think will only be used by those who understand about the world of Cryptocurrency not for other ordinary people are still very low in their knowledge of Bitcoin. If later Bitcoin is legalized, new Bitcoin users will increase. |
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I don't see that STEEM prices will rise again because STEEM prices have stagnated since 3 months ago, it was very difficult STEEM got up, the price always ranged between $ 0.1 - $ .02. although their ATH is $ 8 but I am pessimistic that STEEM can reach their ATH again.
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Buying Altcoin during a Bearish market situation like this I think is very good because we will get a cheap price, but you have to really choose the right coins, Like LTC, BNB and ETH. Buy these three coins and then you hold for long-term investment, believe me, you will easily get profits.
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It is good to know that some of the financial institutions are trusting and holding cryptocurrencies because it is a proof that cryptocurrency is a good asset to store the value of our money. I think that the other major banks do the same thing like the central bank in Venezuela because it gives them a safe haven for their money and also an opportunity to grow their cash.
Central Bank in Venezuela holds Cryptocurrency because their country is experiencing a monetary crisis, so the Venezuelan government will most likely adopt Bitcoin there. Many believe that the parties of the World Bank now also glance towards Cryptocurrency, they want to adopt Blockchain technology for banking. |
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I do not have any problems with providing passport data and therefore I will not oppose the requirements of KYC. I believe that the real openness of the cryptocurrency market and its users will make our world more secure, because the threat of terrorism is very strong. No one accuses cryptocurrency of helping criminals, but any possibilities for criminals to use cryptocurrency should be avoided.
KYC really needs to be in crypto currency, but we must know and be careful who asks KYC for us, if the company does not clearly and not strong ask KYC for you you, should not need to give it, because it is very risky to be traded on the dark web That's right, give your KYC only to companies that are truly trusted and professional, so that the data we provide will be protected from misuse. For Airdrop required for KYC I personally will not provide it, you better keep your data if only to get shit tokens. |
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In my opinion altcoins would also crash because most traders will likely go for stable coins or would gamble and use the leverage trading.
But I predict the price of Altcoin will rise again because the dominance of Bitcoin over the market price has decreased so create an opportunity for Altcoin. Unfortunately currently the dominance of Bitcoin still persists and the price of Altcoin is also still weak. |
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That's true , the volatility is what makes lots of people not accepting it as a means of payment, just like some small scale business owner lamenting about their loses due to the instability
For this reason, Stability-based Crypto was born with various stablecoin. Indeed, because of Crypto volatile prices so that traders can benefit in trading. If there is no volatile price then traders cannot get the profit. However, if for a transaction, I agree that Crypto is not suitable for use as a currency. |
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If you see in terms of price stability, there are already many other stable coins before Libra. Bitcoin will still be excellent than others because of the influence of Bitcoin on the market very big. The Libra Project is still confused about their development, where they are currently being confronted with unfavorable issues so inhibiting further development.
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If now you don't need money maybe you better just hold your Doge coins, be patient for another year then I'm sure Doge will reach his new ATH. Many predict the price of Doge at the end of this year will reach 50 sats again. Let's wait to see that happens.
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This millennial generation is still very low their understanding about the world of cryptocurrency, so they only become spectators without wanting to learn together. I think if they want to learn about Crypto I'm sure their lives will improve, without games, because they are busy with Crypto.
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