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I think it might happen, maybe the country or central bank will make their own crypto currency with the same symbols and exchange rates as their fiat currency. There are countries that have done that. I hope that actions taken by the country can help. boost the price of crypto currencies to skyrocket again
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Bitcoin prices from year to year have experienced very rapid growth which is directly proportional to the number of investors who invest their capital in this crypto currency commodity, and I think this will continue for the next few years as the rewards from the mine decrease due to the enactment of halving day
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so far I can make the best use of my time, so that my work in the real world and in the crypto world can go hand in hand without disturbing each other, here I always try hard so that both jobs can run smoothly because I have to admit that I am very comfortable doing both jobs this simultaneously
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After all, this is good news and I hope this will be able to boost the price of crypto and bitcoin to become expensive again, the actions of the Venezuelan government should be thumbs up, because we can provide regulations that cover transactions using crypto currencies.
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maybe by implementing blockchain on the state financial system it will prevent corruption, because in addition to fast and secure transactions transactions on blockchain can also be monitored by everyone, where and where the funds end, but what I fear is the hacking corruptors who are desperate to do everything they can to commit corruption
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I use crypto currency only for investment, because if I use it for transaction activities every day it is not efficient because not many shops / sellers accept transactions in crypto currencies, but it is not impossible in the future the use of crypto currencies will dominate and replace conventional currency
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this is an economic attack from America where they want to bring down the country's economy, it turns out that after the news comes the currency immediately falls drastically, and this of course also affects the price of bitcoin because many investors from Iran sell bitcoin they have and finally this makes Bitcoin prices experience a deeper correction because it is added to the panic of other bitcoin owners
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saving stock I think it is very potential to save your money in the long run, besides being safe it is also profitable if compared to just saving your money in a bank that is charged administrative fees every month, saving this money starts to be promoted by the government in my country, the government hopes to improve the economy of their citizens
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some time ago there were many ICO programs popping up, but not all of them ended successfully, some were even considered scam by their investors because the funds they invested lost without replacement due to erorr occurring when transferring funds from smart contracts to their wallet, here I feel sad why they can do that big mistake, I hope there is a special institution that regulates this ICO program
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I think here our professional level is tested, how professional does someone take advantage of the opportunities and risks that always arise every time including when prices experience a correction down deeper, the newbies will definitely "cloud the atmosphere"
I agree with you, that newbies can be said to "cloud the atmosphere", here I can interpret that selling panic by newbies will make prices fall even deeper, if that means traders and investors are dominated by newbies even though they have years of running this investment |
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the panic of the market came to the newbies when the market price experienced a downward correction, the correction will be made worse by the newbie action who fear losing their modl, this is where the character of a trader / investor is tested, and only those who have flight hours can deal with it calmly and wisely
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I think that are two things that may not be separated from each other, because bitcoin is a globalization of technological developments in the world of economics, and over time bitcoin and blockchain technology will become dominant in financial transactions including banking
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I agree more if the government only applies crypto currency tax to market companies only and does not use it on crypto currency holders, because in my opinion this will be more effective and efficient in collecting so that the government does not have to spend more money to collect taxes
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Yes, maybe that's all we can do if we look at the current market conditions, but if you have large capital, I suggest that you buy in large quantities, besides this will make the price move up, you will also get a profit when you sell it when the price at the top
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how to overcome the falling market price is by making a purchase this will increase the wall buying power from the selling wall attack, if you cannot make a purchase it is at least you do not sell panic because this will only make the price more damaged and fall deeper
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China and America are giant countries that influence the world economic weather, so when the Chinese American economic attack occurred, this affected the world economy, including the price of bitcoin and other crypto currencies affected by this incident.
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strengthening dollar prices certainly makes the price of bitcoin corrected because the owner of the (American) dollar has a very strong influence in the movement of bitcoin prices, and the country has a lot of news that bitcoin is not well received by the government there
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the rampant hacking of bitcoin either in the personal wallet or in the market wallet account, of course, makes the bitcoin owners feel worried that the bitcoin they have is lost, maybe if bitcoin can guarantee security from hacking and theft maybe people will be very comfortable using bitcoin
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