I think being able to improve the user friendly feature says it all for being a user friendly will be able to make it easy to navigate or use Bitcoin more effectively which includes strengthening of wallet security for it is needed by the users most specially for the new ones.


Indeed those are essential points too to strengthen and be able to conduct massive Bitcoin adaption for those key points mentioned are the ones mostly people are asking before getting into Bitcoin most specially the legal acceptance part for we all do know that there are certain countries where Bitcoin is still being unable to get legalized due to some concerns of the government. If all those key points mentioned will be improved, possibly people will get into this industry even more.

I do not certainly know and understand why certain people do still take this step or action just to get pass through KYC verification knowing that falsification of legal documents such as identification cards and other documents needed for KYC is a major offense because it is duly against the law of any country. Why to risk yourself doing such actions when you can proceed on providing real KYC documents to complete the process. It is indeed right that if you do not trust or do not want to take KYC processes then there are still other ways possible rather than doing something that is illegal.

With regards to the problem of the OP, it seems like the issue on the exchange and not the Bitcoin itself so it must not be blamed for that. Though the experience of him is really frustrating for experiencing loss when he just started to try doing trading with Bitcoin.

It was kinda nice and creative how you do relate Bitcoin adaption into the latest happening which is the climate change. The points stated are essentially good that educating people about Bitcoin is not enough to achieve massive adaption of Bitcoin for actions must be implemented to be able for adaption to get into the system. It is also right that to be able to achieve Bitcoin adaption, the main concern of having accessibility through usage of internet access must be fixed first for only a few of the total world's population have an access on it and a big part are still technically challenged due to slow connectivity that is a main problem or hindrance for access to be able to be successful. Bitcoin adaption must come from educating getting into application of learning of course with concern to accessibility to be able to make it possible for the adaption to be achieved.

Certainly a good point then. As long as Bitcoin does not give any threat to be fear about by the government, there is nothing to worry about the future of Bitcoin. Government can do prohibit the usage of Bitcoin but that does not guarantee that they can totally shut down Bitcoin usage for it is widely and easily be accessible by any people on any time and anywhere.

We should not worry too much about Bitcoin's future for we are still into a bright present of it. What will happen in the future is soon to come so do not bother of thinking too much about that one. The government can do anything they wanted whether they ban or adapt it but the shut down is a way impossible to happen.

It is not that people are losing their faith towards banking and traditional markets, it is just that people are seeking for alternative ways to earn more money because the stock market is directly hit by the effect of pandemic making it suffer. The reason why people are withdrawing or taking out their money from banks is because they need it for a lot more important things that is essential for survival for cash is needed to purchase or provide those stuffs. People are also finding no reason to put their money in banks right now for they are still in need of having cash on hand or if ever digital money on their devices to avoid going into banks where potential spread of virus can be seen.


Where is the evidence you were talking about? Also it is impossible for Bitcoin to reach such peak price of it in just a short period of time. Maybe you were over reacting and exaggerating what is happening right now. Yes there is a positive flow in the price of Bitcoin but still that does not guarantee that it could reach 100k (you haven't mentioned the currency) in just a short period of time.

It is just normal that the debt goes up for every country that is directly affected by the pandemic do have that because not all countries do have a pretty rich economy to support its people most specially on the third world countries for they are lacking of resources and the capability to create ways on how they can have funds as of the moment. There is nothing wrong on having debts right now for we are currently on a crisis and one of the thing to keep up and survive this crisis for the sake of the people is to borrow money that will be paid of course once everything gets back to normal and the country's economy have already full recovered from the recession it experienced during this pandemic.

I agree. The reason why the Australian government have put up a back up fund is for the recovery of its economy which is not directly affected by the pandemic considering the 27,000 infected cases and 900 death poll compared to the large number that the US has which is already 7,000,000 cases. With such number, the amount spend is already considerable and appropriate to be stated for those different nations are into different situation. Better to have even a small amount than nothing well at least the government is doing what it can do to help its people to start up adapting into the latest technology that they think can gradually help them to recover.


Yes I agree. The amount doesn't matter at all but the effectivity it can guarantee to the people to make up a recovery is the important thing to be seen in here. No matter how big or small the fund is, if there is no effective policies to make up the recovery, then all will make no sense.

This pandemic have really brought lots of negative effects not just on the economy of the country but for the individuals as well because of this common problem that arises which is the loss of job or unemployment due to certain circumstances like temporary to permanent closure of business establishments to take part with the implementation of the health protocols to avoid the wide spread of the virus. Almost all or let us just say all countries affected by the pandemic are experiencing rise in unemployment all due because of this pandemic due to the reasons that the OP have provided. Good thing that none of my family members so far have lost their job and they are still continuously working even at time of pandemic which is good but still I feel sorry for some or many of us in here that have experience the lost of job. Maybe right after this pandemic where everything gets back to normal you guys can find another job to work with.

We barely do not know for we are still into the present time. What can happen in the future is still unknown for what answers we can give for now are just mere assumptions that maybe or maybe not the transaction fees can go higher on the future. All will be dependent on the Bitcoin usage and transaction on what could possible to happen on the transaction fees. As for now the transaction fee is just good so nothing to worry about. Anyway you can choose a lower fee and get your transaction be confirmed but it will take time but still it will be processed to make the transaction successful. If you barely want fast transaction, then you barely will spend higher fees for that but if you do not, then just choose lower fee transaction because it is the same thing to happen the difference is just how fast it will be processed to get confirmed.

Bitcoin is a good investment if you do practically know how does it work. Bitcoin's price is very unstable in a sense of having its volatile characteristics on which putting up an investment into it is a risk to take. You can work on trading Bitcoin if you do wish to earn a profitable outcome. You can only find yourself earning on Bitcoin if you do know how it is basically done. Now, if you were just to purchase and think that getting into Bitcoin is a good choice and thinking it because of the price it have, then you mistakenly understood the nature of Bitcoin. Yes, its price is pretty impressive to be seen but that is not always on that position for it is vulnerable to sudden changes and can suffer a serious downfall. If you are aiming to get into Bitcoin because of the price it have and thought that it is always on the top, then better educate yourself first because that is not how Bitcoin works.

It is a great news then. More likely this will be a good start to boost up adaption of Bitcoin usage having such ATMs to purchase Bitcoin. But it will be the best thing if convenient stores and other merchants will be able to accept Bitcoin as direct payment method without the need of converting it into the local currency where it is located. Massive adaption must follow after the existence of such kind of ATMs because if people are still not being able to use Bitcoin to direct purchase goods and services, it makes no sense having it when people cannot use it for there is still a need to convert it. Adaption must be direct into the point that Bitcoin is the currency being used not just purchased then converted to local currency to be used for payments.

This ways or acts from certain groups of people make a big negative impact concerning the impression and popularity they gave towards Bitcoin usage which makes people as well as the government think that it must not be legalized for the fact that it can be used as a tool for fraudulent act and terrorism. Yes it is kinda true but Bitcoin was just a currency and to begin with, it must not be blamed for all those activities because people are the ones abusing the usage of it into negative activities that on the first place usage of Bitcoin is intended for good use because of its decentralization and giving people possibilities and opportunities to gain a handy amount of money from it. It is just so bad that those kind of people is making a stain on Bitcoin's reputation for doing such activities and making use of Bitcoin to make their transactions possible to be conducted.

Yes we do really need such things. (1)Knowledge must be the first thing that the people must know specially talking about the non-Bitcoin users so that they could gradually have a glimpse of idea how Bitcoin really works and not on the misconception they have in their minds. (2) Positive news or good publicity coming from the mass media is also an essential to be must have for the fact that many people relies on the information coming from the media for they are treated as reliable sources to be trusted with. (3) Positive regulations coming from the government will certainly comes with (4) Acceptance because once the government agrees with it, then people will suddenly get into it since many are relying on the government's decision with regards to many matters. Growth of Bitcoin will come as long as those stated above will be provided without the need of pushing it too hard on doing partnership with certain companies for we are all been driven right in here without the presence coming from the influence of certain companies because this is our own will of choice we do.

The problem was already pretty obvious in here. People just literally making other people do manage their funds and get along with their promising words of making their funds be more profitable by letting other people do the job of doing the trading works for them. With such proposal, it is clearly that something is up with that person asking them to do a favor for them which is already a suspicious proposal well as for my perception. Those kind of people are literally being fooled because it seems like they know nothing and have just fall into the scam scheme trap. If you do really want to make profit using trading, better make use of your own self to do the trading and do not certainly let other people do the job for you.

The confirmation of Donald Trump for having a coronavirus and the relation to the declination or fall of the stocks are more likely coincidence or maybe there could be a small correlation since the election day is nearly approaching on which the switch or possible changing of leadership is being a big news or the center of attention by everybody in US aside from them having still the most number of covid-19 cases and now that their leader is infected by the same virus. There might be a little bit of chance that there is a relationship for the reason why the stocks have fall down after the confirmation of Trump's infection which might be investors came into panic because of the news but the fall was just a small percentage and nothing to get to be so much put into panic.


Possibly that could be a good point since the election day is coming and Trump is one of the candidate and the implementations regarding the market as of now is still under his administration.

Certainly agreeable. It is the responsibility of the individual or the trader himself to learn about how Bitcoin and other cryptocurrencies work before doing an engagement because it is no ones responsibility to teach it to you but your own self only. Being literate and illiterate depends on the individual himself if he will exert effort on learning the things he must know before he get into engagement.


Indeed. Only the basic informations are already enough to start with learning and understanding Bitcoin alone for the fact that the rest of the needed informations will be able to be learned along the path of their journey working with Bitcoin. There is no need to make things complicated when you were starting. As long as you do understand the basic information about Bitcoin and you keep up yourself being updated on the news and information about Bitcoin across this forum and even through internet searches, you can be able to start your Bitcoin journey even without the complexities for you can adapt on learning it on the long run.

It is indeed that it has been too long since Bitcoin have reached its $10,000 price mark which is really good for it do attracts new comers that wanted to get engage into it as well as potential investors finding alternatives since the stock market have been affected by the current can crisis and situation our world is facing as of the moment.

With regards to if Bitcoin will ever drop again under $10,000, yes the possibility is always right there for its price is volatile and we cannot deny that fact for Bitcoin possesses such characteristic as well as the other existing crypto. But we must just hope for the best things to happen although we must be ready and open for the possibility that it might just happen in no time.

The problem with most people out there is they are believing into the hear says from other people talking about negativities with Bitcoin making them be afraid to get engage with it. They are always being hesitant to insist on trying to know Bitcoin more because they are already being discouraged and losing interest on what they basically hearing from other people's point of view that most of those statements are over exaggeration already and they are being lead into misconception and misinformation. The only thing that is possible for them not get afraid with it is to duly educate them on what is the reality about Bitcoin to cancel out all the misconception and misinformation they have got from other people. If only they would know the truth, then they will be the one to decide whether they will get engaged on it or not.

Seems like he is aware of what is happening in the reality and has a glimpse of the informations about assets and property. More likely, the way he have stated those in a simple manner makes me think that he have maybe an idea already about Bitcoin and the whole crypto currency which is good to know from a non-Bitcoin user friend of yours. It will be good to entertain your friend because it seems like he has something in mind making it the reason he have sent you that message and would you mind if you would ask him if he is interested about Bitcoin and crypto currency as a whole so you can gradually guide him all throughout his journey starting with Bitcoin.

I haven't got into such experience of sending a Bitcoin to a wrong address for I always do make sure of my transactions checking it consecutive times before confirming the transactions I have been doing. If ever such a thing would happen that a certain person have accidentally sent you any kind of crypto, then it is basically a human error and it is his own fault for doing such. The transactions are irreversible once you have done confirming it so you better make sure that the wallet address you were trying to send with is fully copied to clipboard and assure that the recipient have checked it a couple of times so that there will be no trouble on the transaction. In any way, once you have mistakenly sent out into a wrong address it is your fault or the recipient's fault for you were the ones having the transaction.