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I think that bitcoin is tightly bounded with the situation on the politics arena, and it's not about the state of my country, it is about the worldwide politics stage. Bitcoin is not that decentralized that we wanted to be.
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After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Yet, I understand some of the principles can be similar but in general gold in my country is constantly growing while bitcoin is always jumping up and down, so that is the difference between. |
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Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
Actually I know all that but it is hard to live by knowing this, especially when all the people around you would say to you that bitcoin is a bubble and it appears to be popped out already. |
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I'm actually new to this industry and i want to earn some money without putting some in the line(A.K.A investing) and i doubt myself that i could actually know how to manage my coins is there any way to earn money that would kick start me in this industry?
There are many ways to get coins here for free but in my opinion you will eventually end up with the regret that you have not invested beforehand, because in that case your speed would be so much higher. |
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I keep reading some really desperate people on a forum (other than this one) and they seem sure that crypto is dead, because it is scam etc.
Crpyto is not dead. Don't be stupid. HODL.
We can also predict that it would be happening all over the place because for many people it is positive and financially good that most of us will believe that crypto is dead and we will be selling our tokens for their purpose. |
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It's better to earn real tokens, not fake ones as most of these ICO's are scams and they promise in any method to scam people. I joined so many Airdrops, bounties, but only 2 to 3 paid me and they were in less price. I wasted my time by promoting them on Social media sites.
I suggest you to discover much, but after all these also they don't pay anything for us.
It is only up to you, so if your financial state or something whatever else is not helping you anymore to stay on top it can be better decision for you to leave the market for some time and rest in peace.  |
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Many authors of topics on the internet long time ago were already thinking about this, that unavoidable that cash system of paper the money would be replaced and evolved into something other.
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Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.
How many things that we can say for sure is that we will see that when the time will come, and not sooner than this point. If bitcoin will be unavoidable replacement for the existing currencies, we will see that. |
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Market is getting down not only #Bitcoin but also Ethereum, Dashcoin and others. What is your idea about market?
How long time will this take to survive ?
I think that eventually we will survive but it will take few months to recover that and most of the guys are saying that to the time of 2019 take place we will go up again, and not sooner than that time. |
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Bitcoin keep on falling down and no sign of raising. How long can we keep holding?
What is the banding on average particular project that you are thinking about, some of those are perspective on the long-term holding and some of them are better to sell right away when you get those. |
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For the first sight it was looking like another passed about buying bitcoin but what I dig deeper it seems like be very logic, anyway we are the enthusiasts and we're breathing and hoping that bitcoin would be great again.
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As far as I can see the situation is completely opposite because bitcoin is keeping less or more stability while all the alternative cryptocurrency are just burned completely I've lost most of what I had.
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The advantage of investing in Bitcoin is that you will put $1,000 in its right now and you will get $5,000 in a few weeks from now, this is the one and only reasonable reason to invest in it. So go ahead and not miss your. |
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I think that in the first place it would be China because China is a super country with super power, and with influence above all other countries. And then the second place will take the Japan because they are leaders of the world technology progress.
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Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating. You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.  I know from my personal experience that government can be a very scary and when the different things started to take place in India I have just moved out to my parents in Los Angeles, so I would not be affected. |
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We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
And the first sight bitcoin is not a threat to jobs because in the case of replacing local currencies people would get their salaries in Bitcoin obviously and it would just be the changing of money and not a threat. |
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Do you think the media is trying to destroy Bitcoin and cryptocurrency ? I think they show 95% of the times only bad news. Why is this happening ?
I think this is very obvious that media and mass media is a property of government usually so they are representing the interests of it, and if the government of country is feeling negative towards cryptocurrency than of course Media will tell you only bad news about it. |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. I think you can ask the same question all over again and again every few days because this market is cycling and jumping every time you breathe, so I would be better try to make some researchers and use an additional opportunities then to be concerned about the state of price. |
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I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
Maybe because gold and silver investing is already tested by time and by many people at the same time when cryptocurrency is so new and fresh among them that they just cannot force themselves to trust it. |
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Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
I heard from many guys about that cryptocurrency isa bubble and nothing more than that, but I can say in opposition that I am earning here for around 4 years already and it is not crashing like every bubble is crashed. |
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