Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
I think it should take a few more years to fully use bitcoin. When the market reaches its limits of capitalization, will cease to give as many X as it gives now, we will start to use cryptocurrencies for business. |
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Why Japan? China, for example, is also carrying out reforms in this direction. Change of power, which will work towards the development of digital technologies. This may lead to the creation of its cryptocurrency in China.
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I as well as many, corny believe that buying bitcoin, a year later it will cost more. But if digital currencies are actively developing, I will apply them in my life.  |
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I don't think we should ignore the obvious human factor of greed. The authorities will delay the maximum event of comparing digital money with paper. This simply unprofitable. They will not be able to fully and profitably manage digital currencies for their own purposes, as it can be done with paper money.
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If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.
Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot...
Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?
How can someone create something so great and not stepping out to get the credit?
There are several answers to this question. Someone thinks that it is the pseudonym behind which lurks a group of people, millionaires, businessmen. Someone believes that this is a person who has calculated everything to make an economic revolution in the world. |
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If you are a beginner then I do not recommend you to trade, gambling etc. While just hold your bitcoin wallet and save it longer.
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Of course, we are witnessing the continuous development of bitcoin and an increase in the flow of investors. So the price will grow and strengthen.
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And it's great that the сreator or creators of bitcoin decided to hide his name. This makes it truly independent and free.
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Nonetheless, bitcoin continues to grow, and the transaction rate and the size of the fee is adjustable. And that's pretty exciting for bitcoin. Therefore, it is quite capable of becoming a real currency.
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Subscription campaigns are still a great option to get additional cryptocurrency. Try this method.
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Now this situation has changed for the better thanks to the project Lightning network.
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If you want to change your life by starting to earn, then you should take a risk and try yourself in cryptocurrency. If you fail, you can always sell your coins and forget about it.
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I think it is too early for a 10-year-old child to know about the mechanisms of working with bitcoin. He just does not need it, he will not begin to invest. Leave this information for a more mature age.
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I do not know what can happen to bitcoin, because I have not heard about such situations. Probably, this bitcoin is lost for the General society, as there is most likely no access to it, as few people trust someone with their keys.
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Save your part of bitcoin in a secure wallet and continue to increase your investment capital and improve your knowledge of bitcoin.
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All we can really do is keep investing in bitcoin. And to advise to do it to your friends.
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In China in principle very strict laws and orders therefore I am not surprised at all that even ICO there under the ban. The Chinese government and the cryptocurrency are not welcomed.
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To watch the price and to be nervous absolutely useless occupation. So I would also prefer to look as little as possible at Blockfolio and keep an eye on the numbers.
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Bitcoin has brought to my life a great profitable hobby. I can spend a lot of time on the computer, studying cryptocurrency, and I like it very much.
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Investing in bitcoin is still relevant, you are right. Although the price has now dropped significantly, we expect its growth soon, and this growth will be very active.
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