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Crypto world is nowadays experiencing such kind of developments and these are really going to help change how this market works. Large acceptance will bring good returns to the market. Crypto is not the perfect replacement for fiat but it is in no way less than fiat and has almost all its characteristics and is even more advanced n safer means of payment. So the point here is crypto if used instead of fiat in all the countries, they will not encounter much problems.
PS: Hoping for more crypto friendly nations to come up!
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SAMSUNG is indeed a very reputable company and seeing it accepting bitcoin is a great step towards bitcoin adoption. Although the countries involved herein are only those which have already been good towards the crypto or better highlighted as crypto-friendly nations.
Hoping to see the times when other countries would also come forward.
PS: Samsung's acceptance is in every way a great initiative and a great example for others.
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I agree!
This is one hell of a reason that why the politicians aren't really ready to accept the crypto currencies. Cryptos are decentralized in nature. Politicians are smart and know that if they let the financial autonomy go out of their control, they will lose the way to mint money by corruption and other such ways.
Now if we have such politicians comprising the government, then how is gonna the country progress towards development?!?
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Bitcoin in my opinion is not just a payment option like Paypal. It is much more than that. The bitcoin world is very vast and has got so much potential that needs to be unleashed. So if the countries take a step ahead in this direction, and come forward to harness the technology behind the crypto, they are definitely going to be benefited by this. Bitcoin is a very profitable investment option, like no other! People these days are much aware and understand where to invest their hard earned bucks. It is only the governments who are posing a hurdle in the way of their citizens to reap advantages of the crypto world. While on one hand, some countries have accepted bitcoin, but on the other hand some countries aren't really ready to appreciate its value, and that is the sad part!!
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Not sure if this has been posted here before. This video is a debate between Peter Schiff and Erik Voorhees about whether or not bitcoin or another crypto currency will eventually replace gov fiat money as an exchange of value. The moderator is clearly biased and quite annoying with his interruptions but the debate is really fascinating (well, for me anyway). Who here has watched it and does anyone like Peter:) ? https://www.youtube.com/watch?v=q8R71WGO3qUEnjoy. Why people are not able to realize that cryptocurrencies or Bitcoin can never replace fiat currencies. I think it is impossible. The present system of currencies being used as a medium of exchange is very simple. But cryptocurrency market is quite complex which makes it unsuitable to be used as a currency. There are many features of cryptos that have to be considered like decentralization, unregulated, no fixed standards, etc. |
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If you're planning for a long term investment, then you will not be disappointed, trust me! Actually market is a place for all those who are ready to show some patience and act smartly. The price drops n upsurges are normal part of the market and you can't really escape them. In fact these price fluctuations are the reason that enable you to make good profits especially for the day traders. After all stability can't get you any returns. Anyhow survival in the market is not a cup of tea for everyone these days! Best of luck to you!
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I am new to this field , this field about crypto currency and bitcoin my friend introduced it to me
Now I got an confusion that , why the price of bitcoin keeps falling why so ??
If it is so then how to trust it??
You must be new to the crypto field, but I hope you're aware that every kind of investment has got to fluctuate because of the common economic laws of demand and supply. So crypto is no exception at all. You got to be ready for all kinds of risks that accompany different kinds of investments available on the market platform these days. SO my dear friend instead of getting carried away by fake apprehensions, make your choices wisely! |
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Not sure if this has been posted here before. This video is a debate between Peter Schiff and Erik Voorhees about whether or not bitcoin or another crypto currency will eventually replace gov fiat money as an exchange of value. The moderator is clearly biased and quite annoying with his interruptions but the debate is really fascinating (well, for me anyway). Who here has watched it and does anyone like Peter:) ? https://www.youtube.com/watch?v=q8R71WGO3qUEnjoy. Why people are not able to realize that cryptocurrencies or Bitcoin can never replace fiat currencies. I think it is impossible. The present system of currencies being used as a medium of exchange is very simple. But cryptocurrency market is quite complex which makes it unsuitable to be used as a currency. There are many features of cryptos that have to be considered like decentralization, unregulated, no fixed standards, etc. |
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Blockchain technology is the wonderful invention that should be used to its full potential. It has so many applications in almost all fields like medical, banking, or business. Nowadays the people are discovering new methods of incorporating it. Those are really some excellent use cases of blockchain. I am glad that people are realizing the true potential of blockchain technology. Moreover time is coming that everything will be stored over blockchain we will soon forget about the traditional means of the technology.
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What do I answer if someone asks me this question? I have done some research but I am still confused so kindly help me out. And this is my first thread on forum kindly excuse me if I made any mistake.
Thank you!
Blockchain does not needs cryptocurrency infract the cryptocurrency needs blockchain technology. It is due to this technology that cryptocurrencies are decentralized. Blockchain is a public ledger where all the personal information can be stored and you will decide what part of information you want to share and which not. So it can be very helpful in many sectors like banking, insurance, healthcare, supply chain management, etc. |
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Hi Friends, actually one of my BTC address from Zebpay account having almost 0.01550 BTC has been hacked and the amount has been stolen just few days ago. The amount was not quite big for me, but i really fear about the security of holding the BTC in exchanges and now even in wallets.
I Just want to know is there any ways i can get back my BTC back to my account and also is there any website or authority who can help me out in getting back my stolen BTC, let me know about it. Also let me know what safety measurement should i take while holding my BTC in Exchanges. Thanks in advance.
There is nothing you can do about it. This is perhaps the main disadvantage of the decentralized nature of Bitcoin. Bitcoin being decentralized is not controlled or backed by any authority or agency. So no one is responsible for any unusual or illegal activity that takes place in the cryptocurrency market. I think, due incidents like these we need some regulations in this market, so it becomes easy to find out such criminals. |
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A lot of people are reaching a point where they are considering selling their coins. I would like to know, what your "panic" sell
point is?
I bought most of my coins at below $1000, so I am not worried at all about the drop in the price. I will never walk away from
Bitcoin losing any money, because I sold some bitcoins when the price reached $19,000 last year and made back all the
money that I invested. Some people bought at $19,000 last year, and I think many of them sold already. Do you have a point,
where you will push the "panic" button?
I doubt that it will go down much further, but if it does... where would you start selling your coins?
First of all, I think that we should never panic. I know that panic is an uncontrollable emotion and no one panics willingly. But then also we should try never to panic. Because decisions taken in panic always land people into trouble. I know that I invested in a good coin so it will return to its real worth. So there is no need to panic. Yes if the value of the coin falls to zero, I might panic. |
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I have been seeing lots of community initiatives recently using blockchain; Bancor is doing a lot of work in Kenya and I know Akon is planning his own coin to help to communities out of poverty. Personally I think this is one of the best real-world use cases for blockchain, and one that we should see more of. https://twitter.com/DavGit/status/1024656690308894720I don’t know much about it. But I think it can help poor countries indirectly. Blockchain technology has many applications that can be helpful in real world in many sectors. This would improve their working efficiency which would obviously reduce the cost the production. This will also ensure transparency, accuracy, and speed of working which I think can help in the development of poor countries. But yes this doesn't means an end to poverty because there will still be people reckless to work or inefficient to work adequately and will not be able to make two square meals a day. |
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Should Bitcoin be banned in India?
If there ban to the Bitcoin in India, what would be the future of India?
Obviously, the people here would not want it to get banned in India. Cryptocurrency market is a great invention which needs support of the people and not bans. It can be used for further developments. People are also getting startups ideas due to cryptocurrencies. This industry has great potential. If India bans it, it is sure to regret its decision later. Moreover India is a land of major outsourcing work which receive great remittances from abroad if there will be a ban on bitcoin these remittances will also be hampered. |
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Yes, nowadays the scams are increasing so it becomes very important to be careful while investing in anything. Whitepaper is the mains source of all the info about the project. We should read it carefully, make sure it has some real ideas and realistic goal. We should also read about the team of developers, we will not find much information if they are a group of scammers. Moreover generally I have seen there are just merely faces on the paper rather than people really working behind the project.
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For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?
Diversification is quite simple in its definition but is very to implement it. Diversification is definitely needed for succeeding in this market, but it should be done wisely. You just cannot invest your amount in anything you come across only for the sake of diversification. You should do proper research about the coin or project before investing it. It is not easy to diversify the investments. |
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What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
There is no assured success in any field. This completely depends on the investors, their preferences, capabilities, knowledge, etc. some are good at trading, some at holding. I personally think that holding is better than trading. I think trading is very risky and it needs a lot of time to be invested along with money for technical analysis, charts, etc. Holding is relatively simple and less risky. Moreover considering the fact that you are a newbie holding is the obvious choice for you here. |
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Crypto Investment. Entering the world of cryptocurrency can be like visiting Oz Land - once you step through that door, everything is different. If you are a beginner of crypto trading, you will learn too quickly that you are not in Kansas anymore, so here is a way to avoid the top 5 mistakes that new traders often make.
Do not Diversify Too Fast
You may have been told never to put your eggs in one basket when it comes to your investment portfolio, but in the world of digital currency trading, it is possible to have too much diversification, and too soon.
The reason you need to slow down your roll in these circumstances is that the current digital currency landscape is that it's kind of similar to the Wild West - there are so many altcoins out there now so it's almost impossible to know which ones are legitimate and which ones are not.
The trick is to research and select widely distributed coins with high market capitalization and trading volumes that have shown their longevity. Start with Bitcoin, of course, but then choose one or two altcoins at first until you have the experience under your belt.
Do not Spend Too Much Trading Time
This sounds contrary to intuition, but it is possible to end up making a profit less by trading constantly. New crypto traders often become very passionate about the digital currency market they spend every moment while watching price fluctuations and trying to find the perfect trade, but it can be really exhausting in a hurry.
You need to muffle that passion with wisdom. The crypto market is so active that even if you lose what looks like an amazing opportunity to make a profit, they will be the next five or ten who are just waiting for you. Trading when you're tired can cause stupid mistakes because you think emotionally and not logically.
Do not panic
The altcoin scene is very unstable. This can create a lot of uncertainty in the hearts of a novice trader, and it can easily arouse panic and fear in your stomach - which is the worst emotional state while in the trade.
Just like trading when you're tired from spending too much time watching the market can be a disaster, making trading decisions because you feel panicked about your investment can be a bad choice. Although there is nothing wrong with believing your courage, never make a decision based on panic and fear.
Do not Fall For Fraud
The natural tendency for crypto investors is to identify new altcoins with growth potential, invest heavily while still cheap to do so, and then reap the rewards as their value increases. That said, the altcoin market is growing so fast that many new digital currencies that hit the market may not be a good long-term investment.
It may be painful to be cautious when it comes to investing in new altcoins as they enter the market, but doing so protects you from engaging in fraud in the making. Littered by a pump-and-waste scheme - something that often happens in the world of cryptocurrency - can make you not see your investment lost overnight.
Worse is the exclusive altcoin that is only available through a closed system. These coins - usually pre-mined by the company that created them - can only be traded in the company's closed system, and are particularly vulnerable to value manipulation. Be cautious before investing in any of these altcoin types.
Do not Choose The Wrong Exchange
Just as the amount of altcoins entering the market grows exponentially, the number of cryptocurrency exchanges you can trade in this currency also increases.
The problem is that not every new exchange is created equal; new and untested exchanges can turn into nightmares if they do not honor the withdrawal or become inaccessible at the wrong time.
Begin your crypto trading career with a long and respected exchange, which supports a large number of established digital currencies. Although you seem to miss the opportunity by doing this, keep in mind that the ability to recover cryptocurrency from unknown, unreliable companies can be impossible.
Watch Your Steps & You Will Not Fall
The world of cryptocurrency trade is alternately interesting, exhilarating, and frightening. You do not want to end your crypto trading career before it even begins, so make sure you take conservative risks until you get more experience.
Students can easily fall through this very complicated world gap, especially when it comes to altcoin - and skipping this trap is even more likely if you're inexperienced. However, these five tips will help you navigate this cloudy water and get out of the other side without losing your shirt.
Those are some really good tips to succeed in cryptocurrency market. I would like to mention one more. I think a very common mistake that many people make while buying cryptocurrencies, especially the newbies, is that they look out for crashed coins. I mean we should buy the coins when its price is low but that should not be the only decision criteria. It is not necessary that a coin that goes down always comes up. |
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What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?
I have been investing in cryptocurrencies since 2014. I heard about it a bit earlier. It took a year for me to get fully convinced about the great potential of cryptocurrencies. Since then I have been investing in it. I earned substantial amount of profits from Bitcoin. I think that still a major population of the world is unaware of the cryptocurrency market and out of some people who are aware, many are unwilling to invest. |
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