Oh, poor!  Bad news. I can't imagine such a situation as this is really awful! If I had such, I think I would be in depression for long. However, I don't have 13 bitcoins) but for the future I will do my best to make sure that i won't lose it From this lesson we must be careful, put bitcoin on one wallet is a very risky thing, we have to divide bitcoin into some wallet so if there is problem or missing on one wallet then we still have another, and of course is to distinguish every password in wallet . Good luck. |
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Getting scam from the ICOs project is the worst thing I did in crypto world, some scam projects I've ever followed and exposed are Bitcad, Snapup, ETHBooks, and so on, but from the lesson it makes me have to understand with ICO so as not to get scam anymore.
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I think this is a matter of consciousness, as long as a person has an awareness then he will be happy to pay taxes, but otherwise everything is done to avoid taxes, let alone in my country now everyone should report their wealth so many people worry because taxable.
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Now all the world has acknowledged the existence of blockchain because it proved more effective than the old system, I hope that someday blockchain technology is used for all transactions so we do not have to queue up.
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Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned
The future of crypto currency is bright. the crypto is the future technology, it will be needed in future. many advantages of crypto, simple and secure. No doubt again, the current cryptocurrency marketcap has reached over $ 400 billion, this is a fantastic value even my country's foreign exchange reserves of no more than $ 150 billion, surely this is a very good prospect that I never worry about the future of cryptocurrency. |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
yes, it is true. Panic selling can contribute to bitcoin price going down. if many people sell bitcoin togeher, the supply will high. The type of a right investor is not easy to panic, when the price drops then they actually buy more, I think we have a lot to learn from the success stories of shareholders and bitcoin holders, they never panicked and assume that whatever happens can always get a profit. |
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I think the bitcoin price today is very unpredictable compared to some time before, I do not think that now the bitcoin price drops again below $ 9000 whereas many estimates say that bitcoin prices soon reach $ 10,000. With this fact, of course, always observing the price is very important so that we can conclude the best price for us to buy.
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I think if we become a bitcoin fans then we should always think of the future and never sell when the price is cheap, even though I really need the money but I always persist not to sell bitcoin because I'm sure that the future of bitcoin will continue to improve.
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Bitcoin worth because the number of users continues to increase so as to make the demand continue to increase, bitcoin worthy of international currency and of course the world needs a currency that makes the transaction easier.
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If 1 satoshi equals $ 1 then it is certain that there is no bitcoin banned country, I'm sure the state will make bitcoin as foreign exchange reserve because bitcoin has become an inernational currency.
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97 reached, 100 to come.. :-) already more than 100 votes reached. I enliven the Ants Reloaded token added in Nextexchange Good luck Of course we hope soon available in nextexchange, and now has reached 138 votes. I want to know where we can trade ANTS? Is there any information about ANTS price? |
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Cost living in developed countries like Japan, USA and Europe can certainly reach 100 or even 1000 times, of course this is a very high economic problems and should developed countries to help developing country economies so there is no gap that is too big.
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Dispelling Some of the Most Common Arguments Against Crypto
Once in a while, every crypto-enthusiast will run into somebody who is skeptical of the industry altogether. People like this usually have never invested before, or did once but lost their money. As somebody who cares about the field of cryptocurrency and has invested several times in the past, it can be mind-numbing and frustrating to hear the opinions of people who have only ever read headlines and soundbites regarding the topic.
Make note, it is reasonable to be skeptical of cryptocurrency and present some well-researched arguments against them, but the people being referred to here are those that know very little about the industry and have no noticeable desire to get acquainted with it.
Here are some of the most common arguments you will hear against cryptocurrency (either from people you know or from news outlets) and some simple responses to them.
“Cryptocurrency is a pyramid scheme.”
Occasionally, I will run into a person who claims that cryptocurrency (or more specifically bitcoin) is a pyramid scheme and that only those who were first to the market will be able to make a reasonable profit from it.
While it is true that the earliest adopters of coins like bitcoin and ether have seen the most significant increases in their profits – this does not make it a pyramid scheme. Pyramid schemes are structured so that subordinate investors must pay or hand over a percentage of earnings to a higher level investor. This is not the case with cryptocurrency— if you head to an exchange to buy a coin, it is possible you will be buying from somebody who is at the same level as you (i.e., they invested around the same time you did). This is not possible with pyramid schemes since the only way to make money is to recruit new members. With cryptocurrency, you can trade and exchange with new or old investors. Also note, the main aim of cryptocurrency is not necessarily to get new investors since the price of a coin does not exactly rise due to adoption. Positive news regarding programming updates, partnerships, and new features can also just as quickly raise the price of a coin.
“Cryptocurrency is only used to buy drugs and launder money.”
This statement is commonly used by media outlets as a way to discredit the entire industry and the technology behind it. The best way to refute this statement is to briefly explain the nature of the blockchain and the sheer level of transparency that cryptocurrency offers. Most people who do not know anything about the industry get the impression that using this currency automatically masks your identity and your movements.
Explain to them that most coins have a global database of transactions which can freely be viewed by anybody. This, alone, is enough to discourage people from laundering money and purchasing illicit substances since law enforcement, the IRS, and other government bodies can track purchases with more ease than fiat.
“There is no underlying. value”
This is a half-truth. While cryptocurrency does not rest its value on assets like gold or land, it instead derives value from its developers and its code. Arguably, this is similar to how legal tender derives its value from its government and laws. Similar to how a decision or press conference from the President can affect the price of USD, an announcement from a lead developer can affect the price of Litecoin.
“It is too late to make money.”
I have personally found this argument to be said by people who only know of one cryptocurrency: bitcoin. Generally, the easiest way to open their mind is to show them that CoinMarketCap actually lists over 1500 coins and tokens. Of course, only a fraction of them are worth investment, but it proves that the industry is expansive.
New coins and tokens are constantly entering the market, many of which shoot up in price significantly after a while. One coin that has not had a long history, but is valued highly, is Nano. The coin only came into existence in early 2017, but in the space of a little over a year it has risen to the 28th spot. The main reason for this is the team it has and the technology it runs on. Finding a new coin with a great set of programmers and impressive code can be one way of making money in the industry. Of course, it is not the only way. The much larger coins like bitcoin, ether, and monero are still considered good investments now— this is because people still think the technology is undervalued. If that is the case, then it certainly is not too late to make money.
Originally published at cryptodisrupt.com
By showing them your success and proving them that bitcoin is powerful than other investment. And bitcoin can be more popular. Yes, take him on a tour to various countries and tell him that all of the bitcoin results, if they are still a hater of course there is a problem in their hearts and brains or maybe they are crazy. |
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I involved in cryptocurrency because I am convinced that the future of the financial system and global transactions will use cryptocurrency, it may be that many countries are not yet willing to accept or legalize cryptocurrency, but this will not make me pessimistic and convinced that the government will soon legalize and accept cryptocurrency.
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People still buying bitcoin because they are convinced that the future of bitcoin will continue to improve and this is a good sign as prices will skyrocket, I'm sure that May is a good month for bitcoin investments as June prices will skyrocket.
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Yes of course banks admit with bitcoin, when everyone leaves the bank and chooses to make bitcoin to send money it will make the banks business threatened so they will ask the government to banned bitcoin.
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Bitcoin is the king because becomes the standard price of all coins, as we know that the effect of bitcoin is very strong, more than 10,000 exchanges make bitcoin for trading and this certainly makes the use of bitcoin very large compared to other coins.
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My investment strategy is don't invest on 1 coin invest on many coins don't put all your money in a 1 coin because there's a possible that a coin will scam. If you invest on many coins there's a possible you can gain profit because if the 1 coin will scammed you will have another coin.
I agree that putting money on lots of coins is safer than just one coin, and the important thing is always to make bitcoin the top choice, I put 40% in bitcoin and the rest for coins or tokens that are potentially profitable. |
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That's great updates! I guess by 2030 BTC will become number 1
We really hope it happens, I hope bitcoin continues to skyrocket and the number of users continues to grow, and of course more and more countries are following Japan that has legalized bitcoin and equivalent with other commodities. |
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Bitcoin prices will be dominantly rising rather than down, this we can see for almost 10 years, and I'm sure that this year prices will continue to rise although sometimes down but not as drastic as it did some time ago.
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