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I don't find any similarities between BTC and social networks and I don't think this is the case. But the important thing now is that people should not consider Bitcoin as a property. We can see this attitude through governments implementing taxes on storing cryptocurrencies and through people buying and selling BTC like crazy. All of this lead big leaps in prices and high volatility. If people want Bitcoin to be a currency they should stop treating it like something else.
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now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
Of course there is influence. Simply, if more people buy Bitcoin using their national currency - the price of it will start dropping. And the decentralization aspect: the more people use cryptocurrencies - the less governments can control them. |
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Wow, that's very good and unexpected news, more and more countries are moving towards BTC legislation. I wonder, how people can still say that it's the end of Bitcoin, when even Belarus legalized it? |
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Hi guys me want suggestions
me planning to sell all my btc and wana buy etherium ETH as btc is down 6.23 % in 24 hr and eth is down 10.68 % so me thinking best time to buy eth as it will grow
what says guys ?
It's funny how you use the word "sell" and "low" in one sentence, I really don't get how it works, people realize that they're selling low, when there's a rule "buy low, sell high". And what made you think that ETH will grow? |
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In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
Sure, you're right, but there's no guarantee that BTC will increase in price anytime soon, it is wise to buy and hold now only if you're planning a long-term investment. |
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I think BTC tx fees reached ~40$ in December simply because the price of BTC was increasing insanely and new purchasers didn't care how much they'd have to pay for a tx, as they were buying large amounts and time was the priority. Now, as the price has dropped the agiotage has toned down and tx fees came back to standard.
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At first, I thought bitcoin was a useless and deceitful thing. Later, I thought it was a tool for speculation. Later, I thought it was a valuable invention.
Something of value must have a price. Now, the price of each BTC is about $9,000, which is much higher than the price it has shown for the first time: 10,000 bitcoins for a $15 pizza coupon. If I were the owner of the deal, I wouldn't have dared to eat pizza for the rest of my life.
What do you think is the future price of bitcoin?
Right, even though Bitcoin keeps dropping people forget which price was the starting point, do they know any more currencies, that increased by 1000 times during a 10-year period? Bitcoin is the future, and it isn't dropping, rather that increase in December was abnormal, 7k USD is a perfect price. |
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https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this? Yeah, I don't know, I really thought around 17-19 Feb, when Bitcoin was increasing that it will recover, what happened then? Not sure if Bitcoin will make it up to 20k this summer now. |
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Snowden Leak Suggests NSA Is Extensively Tracking Bitcoin Users :The U.S. National Security Agency (NSA) has been reportedly monitoring the bitcoin blockchain with an eye on identifying users on the distributed network.
Link for details news:https://www.coindesk.com/nsa-reportedly-eyes-to-scrap-bitcoins-anonymity/
I don't like the article, there are some uncertain statements in there. For instance: how could they find out bitcoin users' passwords? And what for? And if they did, isn't that like a robbery attempt? And about destroying pseudonymity, well, it is already kind of destroyed by itself, that's why it's PSEUDO, it's no secret that one's transactions can be tracked. |
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The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
Absolutely agree with you, I don't get people who say that BTC will be in past and other cryptos with better features will overtake its place. Bitcoin will always be number one because it was the first one and it is the most popular, it has changed the history, not LTC, ETH and so on, no matter how good they are. |
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I don’t know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.
Well, that's not such a big loss, comparing to people, who invested millions. But I understand you, just don't sell and be patient, LTC and BTC will recover, not sure about ETH and BTH, though. |
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Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
Yes, technically you can buy anything with BTC if we're talking about unofficial bargains, and such a method may become popular, eventually insomuch that it will be legal. |
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The Bitcoin has the huge price last December 2017 . And the price suddenly changed this year. Many members and especially those active traders have been disappointed with the sudden drop in bitcoin price. That's why people are often comparing the price of bitcoin last year.
We can not predict the price of Bitcoin this year. It's too early to say that the cryptomarkets are not in depths and gradually returns into the light. So i'm still waiting what is the good news happen in this year.
What do you think?
I think a lot of traders are pessimistic and aren't thinking about the advantage of this situation now. For me there's no doubt that Bitcoin will be not less than 20k USD in a year and I'm not in a hurry for cashing out BTC, so I'll just wait. |
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Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too. http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/This is true, there are so much great ICOs which could have eventually become popular and money-making, but didn't even manage to cover a soft cap. I think the only way for ICO's team to prove that they are not scams is investing a lot of money in their own project and show that they'll not spend those money, that may increase people's confidence in reliability of a project. |
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Hi all. What do you think about this idea - is it possible to actually use crypto for daily payments? read on mediumgive your opinion I think it is too early to make any conclusions, lets wait until governments consider if they accept, or they ban Bitcoin and what will happen to the economy. But I agree with the article author that people have forgotten about the true purpose of cryptocurrencies and turned them into trading and investing objects, this must be altered somehow. |
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In the world of BTC, new centralization has begun:
Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.
They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?
The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.
Like insurrection, it is either extinguished or assimilated into the long river of history.
I absolutely agree with you here. The idea of decentralization is brilliant, but yet, unattainable. Bitcoin maybe gave the opportunity for some poor people to become rich, but there is still no equality regarding price regulations and BTC obtaining. The ones who can afford they buy, they trade with large amounts, so they can manipulate the price, they mine with 1000 miners at once, which increase the probability to finish the block comparing to solo miners, etc. And basically we can't call it decentralization, it's just a control change. |
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In the future will CyberMiles be equal to Bitcoin prices? I see CyberMiles as a potential coin that has more benefits than Bitcoin. I think this could happen. How about you?
I agree that CyberMiles has cool features, especially the transaction speed, but I don't think it can be compared with Bitcoin. CMT hasn't got that much large investors and campaign partners behind it. |
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Define bitcoin as currency: Australia, Sweden.
It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.
Clearly identified as legal means of payment: France, Japan.
Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.
The first country to recognize the legal status of bitcoin: Germany.
The first country to block bitcoin: Thailand (now a changed attitude)
ICO's country: China, South Korea.
Countries with positive attitudes to ICO: Russia, France.
Japan: embracing reform, licensing, and overall regulation.
Japan, as an innovator in this reform, has been on the cutting edge.
What about the Netherlands? I've read that in some cities there you can even purchase stuff with Bitcoin, aren't they considering any BTC-related specific economic activities? |
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The decision from China is surprising, but as for the rest these are very good news. Does "legal" means that you won't be sentenced for using cryptocurrencies, or that the governments will work on integrating cryptos into their economic system?
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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?
I think if it reaches 21 million it will only become more valuable, the price will be high and every rich man will want to have at least 1 Bitcoin, just because it is cool and trendy, so the story doesn't end at this point. |
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