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I'm not sure if you can freely use Bitcoin logo. Though it would be very strange for me if the logo hasn't copyright protection, in the first place because of possibile missuse. I know many even don't pay attention to that issues, just use the logo if they want to but somehow that doesn't seem right to me.
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I'm not convinced that some kind of new crypto wealthy elite will be created. There are some people who got really rich with cryptocurrencies but very few and to my opinion these are only early Bitcoin adopters who kept their coins long enough.
Everyone else who expects to become multi millionaire with help of Bitcoin any time soon.is just day dreaming.
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To my opinion first and the main problem is volatility. To be used as a currency Bitcoin should be stable and also centralized, monitored by central financial institution that would impose necessary regulation. No country could benefit from unstable and unreliable currency. The second obstacle is limited number of coins.
However, people use Bitcoin as a currency but it can't be officialy recgonized as such.
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It's always better that people use Bitcoin actively instead of just keeping it in some wallet. If it's not used in real world Bitcoin can't express its real potential and why it's worth in real world. Keeping it just as an asset we don't use its full purpose and that is not good. But to achieve full use and full potential of Bitcoin people should be better informed and better educated about it.
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Another naive new Bitcoin user that thinks Bitcoin is easy money and he can get rich over night and without losses, of course.
There is no fsst and easy way to make such amount of money unless you are doing something illegal. Dealing with cryptocurrencies is risky, it takes time, patience, knowledge and experience.
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Why are people so surprised with current price range? It's the level the price was few weeks ago. Or does everyone really think once the price starts to rise there is no coming back? I always wonder if only Bitcoin users are so naive and under educated or every other investors in other types of investment ( like gold and stock exchange) are the same?
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I don't think so, to my opinion Bitcoin ATMs are not so popular anymore. In digital era when you can get everything online and with the help of your mobile phone I don't see much use of Bitcoin ATMs and how could they improve Bitcoin adoption. For better adoption we need more education and promotion.
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Satoshi dumping all his bitcoins. I bet that will create a domino effect that will lead to bitcoin crashing. Imagine all the FUD popping up when the creator itself dumps his coins. But the likelihood of that event happening is very low. Even if Satoshi start moving his coins and plans to sell those coins, why would anyone panic and there is no way even Satoshi can sell all his coins through exchanges and if he plans to sell the coins OTC is the best way to sell the coins as none of the exchanges will have the liquidity to handle all of his coins and even that will not crash the entire market as there will be people purchase those coins, moving a huge amount of coins will create a domino effect but it will not take back us to 2011 valuations. I can't see connection between Satoshi and his coins and the market price. First of all no.one knows how much Bitcoins Satoshi has and what are his intentions with his coins. Also, why would he suddenly want to.dump his coins. Too many questions and hypotesis that could be pure guessing so it really can't be said what could drive Bitcoin to 5000$ or even less. |
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I think it's quite natural that governments and banks are experimenting with cryptocurrencies. That means testing existing ones but also creating new ones so that they can see how they behave, what is the influence in the market and similar. But their coins will not replace decentralized coins or have some significant influence, there is no reason for fear.
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It's interesting to see how sometimes Bitcoin users rely on everything that might give them hope in good times for Bitcoin, including astro. I have to say that I don't believe that Bitcoin is determined by astro charts and that this is something that can influence it in any way. But it's fun, though.
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There is no such thing as free lunch. The same could be applied to Bitcoin too. It will not fall out of sky for you so you have to trade it, post here on forum, do.some job paid in Bitcoin or similar but definetely it will not come without some efforts and risk. That's why I don't like when people call Bitcoin free money.
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I still need evidence to believe the theories of price manipulation. Only talks and presumptions but nothing too logical to explain that.
Also, that doesn't make much sense, how can we then still claim that Bitcoin is decentralized and independent and on the other hand explain every price pump or dump with manipulation?
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Bitcoin had certain advantage being first cryptocurrency. That wasn't the most important but it strenghtent its position, reached the highest value, adoption and implementation in real world. All other coins have very difficult task trying to achieve that but I don't think that any other altcoin will be ever so successful. To achieve that it should be far more techical advanced, more valuable and without all issues that Bitcoin has. At the moment I.don't think this is possible.
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Well, if I had cristal ball I could answered that question. It's hard to tell how the price will behave and how the market will react. To my opinion this fluctuation will continue until the end of the year and I don't expect to see some significant changes compared to current situation.
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I know that from perspective of someone that is using Bitcoin it's hard to understand there are some people who don't want to do that or have some doubts. However, everyone has the right to its own opinion and it's a bit to harsh to say that Bitcoin who don't want to use Bitcoin, don't want the future. It's true, cryptocurrencies are here to stay and are definetely part of future and progress but not everyone belongs to that.
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It's not surprising at all. In fact I think that many governments and financial authorities are doing the same. They are all aware that cryptocurrencies are the reality they can't ignore and thry need to know everything about them and how to use them the best way, what are the good sides and bad sides, how they could fit into financial system and similar. Governments are not ignoring cryptocurrencies although many think the opposite.
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It's November and based on my calculations, BTC had always risen upwards during the last 2 months of any year. What do you think about this?
The market went down almost 5% today and it is difficult to understand how the market will react all the time, i did not expect the market to go down like this but the market has its own way and no technical analysis can predict these movements, i thought the market will rise in the next two months and would have a correction after January but who knows we might see a rally after this correction. Although some think that price is preductible in the last two months of the year, every year, that is not true. Techical analysis is not always precise amd I don't think we can conclude that price will rise. Maybe that is a wishful thinking according to this time of year but definetely isn't something that we can base our decisions on. |
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It's already clear that many have big expectations from 2020, similar like for 2017. However, it's very hard to predict the price movement and too big and exaggerated expectations could lead to big dissapointment.
In the first quarter I don't expect to see some bigger price changes and some higher price rise might happen in the second part of year but that is just guessing.
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I have two different sources. One part comes from my regular salary and the other comes from profil of my investment. I think that is good to reinvest part of profit further, similar like in business, that way I can keep more from my regular income. I try to balance between costs, income and investing which is not always easy but on.long term it gives results.
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Another conspiracy theory. Seems they are very popular when people can't find explanations for some events on market like price rise or price fall and obviously everyone loves misteries.
Let's stick to facts and what can be checked and proved instead of designing imaginary scenarios all the time.
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