Is bitcoin for speculation only? or it is really useful in our daily life? just curious.. What product can we buy by using bitcoin only... how many Merchant accepting bitcoin? is it a huge number? what do you think?
I think you should conduct further research first before asking such questions. Obviously, bitcoin is not yet legal for most of the countries and there are very few merchant that accepts it as a mode of payment. Even after bitcoin surpasses the $60k present goal, I think most of the crypto investors would just expect it and want it to current high. Also, not everyone is aware of bitcoin's existence, maybe the number of those who've heard about it have grown since it made a huge noise during the pandemic but still, not everyone is knowledgeable about it. Bitcoin has a lot of use, not only for us people but also for the whole crypto world since it is the most powerful and most famous. |
|
|
|
|
Considering how famous Tesla and Elon Musk is all over the world right now, having bitcoin as a mode of payment will surely benefit both sides. Like for instance, as Tesla accepts bitcoin as a payment, they have all the capability to hold it and wait till its value grow more while bitcoin is gaining much attention since it is being recognized by a globally popular company. Afterwards, bitcoin will also be noticed by huge companies all over the world and as it gains attention, the demand for it will increase which will soon result on having a higher value and higher recognition that it has before.
|
|
|
|
|
We are all aware that altcoin's bubble is very much influenced by bitcoin's pumps most of the time. As long as bitcoin's value is getting higher and higher, the longer the bubble will be sustained. If ever bitcoin would experience sudden dump, it is expected that the bubble would suddenly vanish. Altcoin season is yet to come and it is very evident to many altcoins as they show off their potential on becoming bullish in the near future. Patronizing altcoins also helps the bubble last longer just like in bitcoin so if you are one of those who invested on altcoins, it would be best to keep on supporting it and patiently wait till its success comes.
|
|
|
|
On a recent post, I found out that quite a few replies mentioned that you can only diversify or have a varied portfolio "if you have a lot of money". I aim to contribute to a general financial education for the members of this forum (some could actually teach me, many are clueless). While in most countries, particularly in USA, some investments are reserved to qualified investors (typically high income or high worth individuals), there are many possibilities for the average guy to invest. Myth: Only the rich can invest in the best business. Reality: Anyone in most countries can invest in great companies and great assets from almost any amount. There are even funds out there that will let you invest from 10 USD or Euros. If you are looking to start your life investment (the earlier the better, see picture below), you may start by looking at Vanguard. These are the best know Index funds (I will write a post on active and passively managed funds some other day). Paper-thin fees and entry barriers are built-in.  It is a very useful advice for those who are currently imvesting and for those who are planning to invest. We are sometimes blinded by the fact that only the rich can invest when in reality, as long as you know how to invest, you can and the money needed for it can be worked out. You may start off as a small time investor but as you spend more time in the market, you will always have the chance to be a big one. Almost everyone starts as a little and it take much courage and perseverance in order for a certain person to grow. I fully agree that time spent in the market is much more essential than your timing in the market, cause if you've spent much time already, then you already have lots of experience and knows how to handle your investment at best. |
|
|
|
|
For the past few years, lots of people doubted bitcoin's capability to come back strong once again and look at what it brought them, plenty of regrets. Indeed, pandemic is not a blessing for us here in the crypto world but surprisingly, during this crisis bitcoin was able to surpass all its records. Bitcoin will take all the patience inside you before you can ever profit from it, that's why it is very important here together with perseverance. If we cannot put our faith on bitcoin during its worst times, we do not deserve the benefits of it when it is on its best. Let us all patiently wait for the next highest price of bitcoin, if it won't happen let us still keep on waiting, the best is yet to come for sure.
|
|
|
|
The last 5 months have been an uphill ride for most of us wherein we have gained so much in altcoins especially those coins which were literally dead or simply considered as shit coins like HOT(Holo), Pundi but they have given massive profit with unexpected pump wherein XRP, XLM who were front runners at the beginning of bullrun are at standby mode compared to their previous bullrun during 2017. What's your though on this?
As we can all see, on the past year, specifically on year 2017 there are a lot of new altcoins that was introduced during the reign of great campaigns. Unfortunately, as bitcoin's value suddenly went down, most of those altcoins went down real hard too and some ended up being a dead coin whilst some are listed as shit coins by now. Suddenly, on this year, as bitcoin's bull run breaks everyone's expectation, we witnessed the rise of the altcoins once again and we can all agree that bitcoin has something to do with the current status of most of the altcoins, even the dead ones or those that are long gone. Let us make the most from this bull run and wisely make decisions that will make our investment more beneficial. |
|
|
|
I've been in the cryptocurrency sector since the infancy, and I've seen the brightest and darkest days of BTC, but when I look at the current growing conditions of the bitcoin industry, I see that we've come a long way, and most of the world accepts cryptocurrency payments, and some major brands are even linked to the BTC world.
But every now and then, I wonder if these circumstances will last longer and improve in the future.
What are your thoughts on the matter?
So far, bitcoin has achieved more than what we thought it could. It exceeded every expectation of those who stood faithful on it and has broken the doubts of those who never believed that it will be successful. It is very natural for bitcoin to experience dark times or low price, we've seen it occur a lot of times already. If we will analyze the pattern carefully, we can clearly see that bitcoin is a test of loyalty and trust, those who are eager to see it succeed will also be included on it and those who denies its potential will be those who will regret it the most in the near future. Bitcoin is already successful regardless of the doubts, but it will surely be more successful in the next few years, let us all keep persevering. |
|
|
|
I think this covid-19 is a big joke to us because it makes us suffer more from time to time and over a year there's a little progress although they've said there's an effective vaccine already but I still have my doubts about it. We should do something about of the food crisis and one of the best suggestions is to make a garden and plant more vegetables in your backyard or somewhere else around your house.
I think this food prices issue will still continue to grow more and more and it might be too late if we only take action when we finally realized that the cost price is doubled or tripled. If you are on a third world country, you should learn how to survive without the help of the government.
Having a stable job is not enough nowadays because of the minimum wage rate, we should learn to improvise and adapt to the situation in order to survive even without the help of the others.
Also, we can count in the abuse of the natural resources in the world on why we are getting near to the critical point of food crisis. There are plenty of mountains being mined more than it should be and trees are being cut without even replacing it. The virus somehow helped for a while for the mother nature to regenerate and heal but on the other hand, it is causing the economy of each country to go down. The salary each poor family is recieving cannot even sustain their needs for a week as the prices of different essential need continue to increase. Maybe putting up your own garden could be a good idea but not everyone in the world has a backyard where they could plant their crops. In the near future, some country will surely experience famine, and I think that is innevitable. |
|
|
|
I seen that cryptocurrency want to be highjacked by rich people, looking around countries currently, its noticeable that bitcoin increase everyday, every week and every months, the more rich people are investing with cryptocurrency the more government attacks cryptocurrency, most countries that values crypto today is having challenges with government, since bitcoin is important to the extent that top people invest on bitcoin why can't government alone adoption of bitcoin.The Rich's are causing eradication of cryptocurrency
Across the world.
* If I many ask what is the major reason while some countries ruling class ban bitcoin transaction?
* What is the negative effects using crypto as currency?
* what harm does bitcoin contributes a country that can lead to ban?
Just by considering the fact that cryptocurrency are decentralized currency, we can already claim that the government wouldn't tolerate the use and legalization of it. Indeed, rich people are the one that has the capability to make crypto gain attention from the government as they continuously keep on investing on it. Aside from the fact that crypto is gaining much attention right now, another reason could be because of the illegal transaction being made with the use of it. Each transaction can be made anonymous which entertains illegal dealers to use it as a mode of payment which can be detrimental for the country. I can't see any threat posed by bitcoin which may cause it to get banned, only if people would start choosing crypto over fiat cause the government wouldn't be making any money out of us anymore. |
|
|
|
Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
In my opinion, I think the best thing to do is not to choose between the two. Why bother choosing one when you can invest on both? We can all see how good both of the prices are at the moment and it would be a regret if you would let the chance of investing on both slip away. Be smart and wise, bitcoin might be the most preferred because it has the highest value ever since but ethereum was able to stay next to bitcoin for a long time already two. Both are really popular coins, do not miss the opportunity to invest on both which clearly has a bright future ahead. |
|
|
|
|
There are actually plenty of ways on how you can earn from bitcoin but most of the time, people choose to invest because it is much convenient and easier. In my case, I usually earn bitcoin through joining signature campaigns and investments. I do not simply rely on investments alone because the growth of my earnings is not that much on it. I'm really glad I didn't gave up on bitcoin during its hardest times, I stayed and trusted that it will soon recover and regain its composure once again. I wasn't wrong at all as we all see bitcoin getting good value and beating its all time high time after time. If you really want to make money with the help of bitcoin, you should work with your trust and faith on it, who knows? It might take you to greater heights if you would keep on believing.
|
|
|
|
|
Bitcoin is way more better than fiat in many ways. Just like how bitcoin is a decentralized currency while fiat is issued by the government which explains why everyone is still using it and trusting it. The difference of bitcoin's volatility with fiat is very far from each other. Fiat usually increases or decreases very little depending on how well the economy of a certain country is doing. It's just that people are not able to see how much better bitcoin is compared to fiat, maybe because of the publicity and legalization, or maybe because bitcoin is not like fiat where we can physical touch it and use it to spend with our daily needs.
|
|
|
|
It looks like the downtrend on the financial system is inevitable. How do you think this will affect crypto? People used to refer to gold in the past, will they move to crypto this time instead?
I kinda think, that the upcoming crisis actually gives crypto a chance.
The evolution of technology leads to new ways of people on how they are storing their money. On the modern day process, people will more likely prefer cryptocurrencies over gold. For some reasons, they have more control with their money when they store it in crypto. Just like in bitcoin, aside from the convenience, it is also much more secure. The value of it maybe volatile but it can be a good thing whenever pumps are occuring since the money they are storing has the capability to grow. Maybe a financial crisis can hurt crypto for a bit nevertheless, at the same time it can also benefit from it. |
|
|
|
|
Banks existed long before bitcoin was introduced but that does not necessarily mean it cannot replace it. We know how much change the innovation of technology makes, it shouldn't be a surprise anymore if in the future, banks will be gone and bitcoin and other cryptocurrency will be the only one to exist. For now, it is quite not feasible to see bitcoin replacing the banks considering the fact that banks are still much useful and traditional and everyone has an about it. No matter what happens, bitcoin will find a way to shine in the next few decades and I think it is possible to see it outshine banks.
|
|
|
|
People be like Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  today, isn't this laughable?? I be like It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now Holding was never an easy task, time may come where you end up getting tempted on selling your holdings cause you are seeing that the value is getting better but the thought that in the near future, it has a potential to go even higher stops you. You should really pay much attention on holding popular coins cause you might end up wasting your time on those unpopular ones since some of them might end up being a dead coin or keep on going down with no hopes of rising up. Be smart and wise always upon deciding on what to do with your holdings or else you might miss the chance of getting high profits. |
|
|
|
|
Greed will always be there on each and every generation which makes it impossible to have a world with no poverty. No matter what we say or do to convince others to give equally and fairly to everyone, they will still choose to side with greed. Also, being too lazy causes one to become poor and stay poor. Not everyone has the willpower to keep going in life amidst the obstacles they are facing and not everyone has the ability to stay motivated after experience lots of failures in their lives. Even if you would swear to end poverty in a country, it can never happen cause each individual are different. One may persevere while one is procrastinating, that's how it usually works.
|
|
|
|
|
Bitcoin is indeed tricky, its value has been changing a lot lately and most of the investors are having a hard time upon deciding what to do. If they would buy or sell at this moment, it's very confusing cause maybe on the next month, bitcoin's value will rise high again or go down low. Regardless of the confusion and gamble you will be taking, the best way to know what to do is through monitoring the price movement of bitcoin each and everyday. Through this, you will know or you will notice where will the bitcoin's price go on the next few days and it will surely benefit your investment later on.
|
|
|
|
|
Current number of post (Including this one): 1141
BTC address (P2SH) starting with the number 3 : 3DQh7YKRYc1NRboPQqkLCYzJfVHL7kHpA6
Merit earned in the last 120 days: 1
|
|
|
|
|
Show Posts
