|
in my opinion facebook won't adopt bitcoin. because they are different libra coins are stable money coins and later these coins will be controlled by facebook. whereas decentralized bitcoin no one controls and already has a large volume of trade and community. so I don't think Facebook will take over bitcoin. I'm sure Facebook will try hard to make the Libra project successful and will become a competitor of bitcoin. but I'm optimistic that bitcoin is still superior to libra.
|
|
|
|
When we hear about Africa most of us assume about the poverty or unemployment but honestly the kind of natural minerals they reserve they could be one of the richest nation but the problem over there is that neither government nor the citizens get benefited by their natural reserves due to warlords occupying it but do you think if government takes stern step and utilize the resource in the appropriate way and accepts bitcoin as a payment mode for exports then Africa can bloom again and this will help bitcoin if those products can be purchased using bitcoin so it will increase the trade which will benefit them in their GDP and will increase the demand for bitcoin thus triggering the price pump.
The condition of the African continent is really pitiful. More than just Bitcoin or even blockchain, the Africans should try to revisit their very basic personal values and cultures. I don't think Bitcoin or blockchain can address the most pressing issues of the land. There is widespread poverty, corruption, wars, illiteracy, lack of basic needs, warlordism, and many more social, political, and economic problems. Africa is blessed in terms of natural resources but look at how they fare in their daily lives. They should learn to unite and move forward as one blood. Right now, the foreign companies and governments are exploiting their resources indiscriminately without even improving the lives of those people around. yes I agree with you even though Africa has a lot of natural resources but if it is not managed properly it will be useless. most of the population is still in poor condition and the economy is also slow. but I'm positive maybe by implementing blockchain and bitcoin can make the African country better. because by applying the blockchain system can reduce corruption. at least maybe bitcoin and blockchain can drive the african economy. |
|
|
|
|
in my opinion blockchain technology can be applied in any country including in Africa. after aperthaid's politics were abolished the economic and political development of Africa was getting better. decentralized blockchain technology can expand financial access because there are no third parties. and transactions can be done safely, quickly and at low cost. and blockchain can be applied in all fields. so in my opinion it can drive the African economy.
|
|
|
|
|
yes you are right to take a break is important to do. sometimes I also feel tired and bored if I continue to spend my time to become a bounty hunter and trader. because every day I always see the movement of coins and the state of the market. I always take breaks on Sundays. on Sundays I will close my computer and have fun with my family. we need rest so that our brains are not tense and by taking a break we will be eager to get back to work. but I am not desperate to take part in the ICO project even though I once took an ICO project that scam I keep trying again.
|
|
|
|
|
in my opinion there are many factors that influence the bounty project taking time to enter the market. most probably because they do not have enough funds to be able to enter the exchange. or maybe because they waited until the market was good enough that the tokens that were issued could last a long time on the crypto market. or because the manager and developer failed to develop the project. so finally the project never entered into exchange. and become a scam project.
|
|
|
|
|
if you want your money to increase, I recommend investing in bitcoin. because many predict the value of bitcoin will continue to increase in the future. but of course we have to wait patiently. but you also have to be prepared to accept the risk of loss when the price of bitcoin falls. if you are afraid you can divide your money into two parts $ 500 for bitcoin investments and the rest for gold investments. the value of gold always tends to increase and rarely decreases. but of course the increase in bitcoin is higher in value than gold.
|
|
|
|
A government controlled "digital" currency is centralized and not even close to a open, decentralized technology like Bitcoin. One of the main concerns with a "digital" currency in China is the fact that China would ban all other Crypto currencies to force their own citizens to use their own centralized currency. It is clear that China only created this "Digital" currency, because they want to track their citizens wealth and spending habits. So this is just another "Firewall" type experiment to control their own citizens.  yes i agree with you i think china is issuing its own crypto currency to track the wealth and shopping habits of its citizens. and also the Chinese government does not want its citizens to invest in other cryptocurrency like bitcoin and altcoin. they just want their citizens to use the cryptocurrency they make called DCEP. but I positively welcome the presence of DCEP will make the crypto market have many types of coins. |
|
|
|
As you know IEO trend is growing but i feel IEO is profitable only for those who invested in token sale but who have purchased altcoin after launched they suffer loss majority of the investors ,as the BTT and some other altcoin examples of IEO.
I think it's the same if the project's team do nothing for marketing or the IEO is conducted by a small exchange which has less customers. But at least, IEO will minimilize the fear of not getting listed on exchanges and that's the only advantage from IEO in my opinion  Anyway, trading will more profitable if you understand how to do that. yes I agree with I think it's the same between IEO and ICO because if both of them can harm us. IEO registered on small exchanges is difficult to get investors and the price of tokens after entering the exchange also often decreases. while ICO is also a lot of scams. so it is better to trade with clear profits or make long-term investments than to follow an unclear IEO or ICO. |
|
|
|
|
people who lose interest in bitcoin when bitcoin is mostly down are probably a beginner. because they don't understand about the bitcoin market. bitcoin has high volatility so don't be surprised if there are down and upward trends. rather than thinking about the price of bitcoin going up and down. it's better if we can make good use of this bitcoin volatility. to make a profit.
|
|
|
|
if I get 60BTC I will divide it into 3 parts. the first 20BTC I will sell and I will use to open a business and part of it will also be used for donations. then I will use 10BTC to do daily trading. so that I will get a small profit that I can use for my daily needs. and the last 30BTC I will hold. I will sell it when the price of bitcoin goes up by 50% -70% but then when the price goes down I will buy bitcoin again. but this is just a fancy who would want to pay with 60BTC I think this is impossible.  |
|
|
|
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
in my opinion the government will only support bitcoin and also adopt blockchain but will not use national credit for bitcoin. because they already have a national currency that must be maintained and controlled and the national currency is also a symbol of a country's economic strength. so I think the country will only provide national credit for their currencies not for bitcoin. |
|
|
|
The cryptocurrency space has been discouraging for a while now and there's a possibility for people to want to walk away from the industry. Some persons made substantial investment in purchasing altcoin whose value has greatly reduced and the thought of everything could make one want to loose hope. I'm of the opinion that making profits should not be our only goal in the industry but learning and contributing to its growth should be our focus. There's always light at the end of the tunnel and we would get there very soon. Let's be patient for a little more while, no matter how long the night lasts, the morning will surely come. Don't give up yet.
yes you were right at the beginning of 2019 yesterday the condition of the crypto market was indeed very bad. bitcoin dropped in price at that time only $ 3000 and most altcoins also experienced a decline. but now it is proven that in the third quarter of this year bitcoin started pumping again. and when bitcoin is green then all altcoin will also be green. You are right in investing in cryptocurrency we must not be discouraged and give up easily. we must always be optimistic and be patient in the future the price of bitcoin will definitely rise. |
|
|
|
|
yes bitcoin is not only an investment tool but also a future. because many people use their savings to buy bitcoin and they all hope that in the future bitcoin prices will increase. so when in the future we need large funds we can sell our bitcoins. I am always optimistic that in the future the price of bitcoin will increase. so I am always excited to collect bitcoin.
|
|
|
|
|
So far I have never given a loan or borrowed cryptocurrency. because in my opinion it's very risky especially if we lend is coins that have high fluctuations such as bitcoin. it is better to lend using a stable coin like tether because the value will remain the same for a long period of time.
|
|
|
|
if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
yes I agree with some of the things you mentioned are safe ways to invest in crypto and this can minimize the risk of loss. I also never invested in a new project because some of the new projects were a scam, they just wanted to raise money and then leave. it's better to invest in an old project that already has a trusted and experienced dev and development team. and of course we must always do research before investing. |
|
|
|
|
in my opinion we will not go to the moon this year. because now we are already in October. but last week bitcoin experienced an increase of 30%. and the increase in bitcoin has succeeded in making the altcoin market which was previously red to green. many say the rise in bitcoin is driven by a statement by the Chinese president in favor of the blockchain system. I hope this is a good start for bitcoin. and hopefully bitcoin will run in 2020.
|
|
|
|
|
I don't think we need to encourage others to use bitcoin as a currency and payment tool. because in every country in the world already has a national currency. and it's not easy to replace the fiat money that we usually use with bitcoin. and only in countries that legalize bitcoin we can use bitcoin for payment tools. Most countries allow bitcoin as a means of trade and investment but not as a means of payment.
|
|
|
|
|
in my opinion if a country applies cryptocurrency and some companies end up unwilling to pay taxes then the country's economy will be chaotic. because most countries use tax as the government's biggest income. it would be better to use cryptocurrency and blockchain but also still receive tax. and can also use cryptocurrency to pay taxes.
|
|
|
|
|
I think we will still need a bank even though cryptocurrency has started to be adopted. because the bank has existed for a long time in our lives and also has many members. there's no way the bank will suddenly disappear. and will still be needed by the community as a place to borrow money. because relying on crypto for loans in my opinion is not good because the value is very volatile.
|
|
|
|
|
Facebook makes its own cryptocurrency which is named as a Libra coin. This libra is a stable coin because later libra coins will be managed and controlled by the Libra Association. and to save these libra coins Facebook has created a digital wallet called calibra. according to the plan facebook will release this libra in 2020. but lately there have been a lot of bad news about libra ranging from the rejection of several countries in Europe and the American president and out of several large companies that support it. but I am positive thinking Facebook will not give up they will continue the Libra project.
|
|
|
|
|
Show Posts
