When buying crypcurrency, Buffett said, "You do not invest when you do it. You are speculating. There is nothing wrong with that. If you want to bet others will come and pay more money in the near future, it's a kind of game. But that is not investment. " Are we participating in a game?
for me bitcoin is the same with other investments. there are times when we get results and sometimes we lose, so from here we can conclude bitcoin is not a game, but it is the same with other ivestasi. it's just that the difference we do not take long and the benefits can exceed the investment in general. |
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As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
I think it is very impossible if done by one or two countries only, because bitcoin will continue to run as long as there are countries that accept it. if all countries in the world forbade it there may be bitcoin will be destroyed. |
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At any age you feel your child has the ability to understand it. Just teach her/him in bits and eventually show her the sites and how to go about it.
do not do it at all ages of the child. we must wait for our children to be fully grown up, and ensure that their education level is completely finished. because if we give the knowledge of bitcoin at school age will disrupt their school activities. |
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I am new to cryptocurreny ,I am thinking of investing like 200$ into bitcoin but seeing the downfall in it should I go for the investment for a good future roi
if you want to invest in bitcoin you should really understand about bitcoin, if it does not you have then you will be confused when bitcoin begins to fall as you feel right now. it would be nice you in bitcoin first so that your investment is focused and not trapped by panic. |
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#JOIN
Bitcointalk username: kalstarzz
Forum rank: Full Member
Posts count: 264
ETH address: 0x08969Ac010AAb9b51F0E878385b6787193B7C934
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
I think the bank will still exist even though bitcoin is valid all over the world, but we can not deny that bank users will be reduced. so that the bank does not experience a lot of decline in bank users can add their function by becoming an exchanger. |
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we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?
bitcoin will never be obsolete. Looking at the growing number of bitcoin enthusiasts is a sign of bitcoin scarcity, this alone can be proof that bitcoin will become antiques. |
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how can i be sure that my money would be protected from scammers or how can i know the stability of bitcoin?
no one can guarantee you, which can guarantee you only your own observations and knowledge. if both of these things do not have you should not invest first. better you seek knowledge first. |
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As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Today's bitcoin challenge I think is a difficult permission to get, we can get permission by never using bitcoin for crime, for that reason many governments have not yet authorized the permission to use bitcoin. so let us first name the bitcoin. |
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I have always supported bitcoin and its anonymity. Today, we heard about the users who got hacked after they logged in to myetherwallet. This wasn't the first time some users got hacked and there is no doubt it will happen again. It can happen to all of us. There is no difference you are holding bitcoin, Litecoin or Ethereum. All of us wish it was possible to punish that hacker. But all the holders are anonymous. So, anonymity is not always good. What is your opinion about cryptocurrencies anonymity considering this issue?
anonymous in my opinion there is no benefit, anonymous benefits can only be felt by criminals only. while for us to give its own difficulties when we lose our assets. |
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this is proof that there are still many people who want to know about bitcoin, and this can be our hold that bitcoin will not just die. and the more enthusiasts will make the bitcoin price will be higher. |
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Indeed, one of the risks to the government about crypto is about taxes, because storing money in crypto can reduce government taxes.
whether a country will lose if its people use bitcoin just because of reduced tax revenue. ? I think they can pull taxes from a company or something else. not from the people. |
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bitcoin is a new technology, which not everyone understands about technology. so I think not everyone can use bitcoin, because people who use bitcoin must be able to operate smartphon. but the reality in my country many among the poor can not use it. I think bitcoin still can not reduce the poverty rate. |
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How Is Bitcoin In The Future? The number of altcoin that popping up sometimes for me to think how bitcoin 10 years from now  Is it still exist or has been replaced with a new type of better currency ? Many altcoins can now be traded with local currency and other altcoins and are not fixated on bitcoins. Question: 1. What is your Prediction ? 2. And what the reason ? Maybe that's what I want to ask , hopefully the answer can answer the question in my brain. thanks  I see bitcon is very difficult to replace. we can see the very dominating bitcoin price of altcoin prices. besides that most people use bitcoin in buying and selling altcoin. |
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World government where the currency will threaten the value of the national currency. can you share with me how the future of Bitcoin and what will Bitcoin do in the future? one day Bitcoin be taken over by the world government for the circulation of this currency can be controlled? Why do you believe in Bitcoin, when this currency is not recognized by any government?
actually at this time we can not determine how the future bitcoin someday. because at this time there are still many government who confused to determine attitude on bitcoin. so we can only support bitcoin only, about the future bitcoin only government can determine it. while the reason why I still believe bitcoin, because its use more easily than the original currency. |
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Im looking to hold crypto for the long term... I don't want to touch or spend it.
Should I get a hardware wallet ?
Im looking at the Ledger Nano S, Is it SAFE ? What hardware wallets to you use ? Is it possible Ledger has access to our private keys ?
I think it's not necessary, it's just that you have to ensure the security of your device. because the virus in our device can cause our bitcoin to disappear. but if you use a hardware wallet it is more secure on the security of your assets. |
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I have seen many people say that Bitcoin will end governments.
But do we really want that?
And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
actually the government and bitcoin can go hand in hand, the bitcoin depends on the attitude of the governments of each country, if they let the bitcoin let them run without their monitoring then the government will end, but otherwise the bitcoin will be able to help the progress of a country. |
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The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?
you should be a little patient, the bitcoin is in the market and in the market up and down the price is not surprising, you should note every news about bitcoin, maybe you will find the answer why bitcoin down. and you need to know when this bitcoin has started to rise in price. |
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I see these two choices that can not be determined one of them for me.
because this option will make me lose the main function of bitcoin I use.
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Bitcoin is getting banned in jamaica heard recent news about this ban, stated by the Bank Of Jamaica avoiding this virtual currency called bitcoin. if you have anymore news leave in post below. 👍 respect. why do they do this? whereas bitcoin can help a lot of human well-being. and if bitcoin were really banned all over the world what would happen to bitcoin. |
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