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Don't make statements that are not correlated correctly, this kind of information will only exacerbate the atmosphere which will create panic sales. It is enough to wait for the price to fall and then buy it back, so that BTC remains stable. Before making a statement, it would be nice if you look at the price history from the beginning to the present. But is it good if we use the forecasting method?
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Sometimes there is information like this, I feel doubt between having to buy and sell. Usually if they sell, I buy and vice versa if they buy then I sell.
But the thing that makes me even more doubtful is that there is no certainty that the price will drop to 20k. This is just a correction factor in my opinion..
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What I know about government policies towards Bitcoin:
1. Not supported by the financial services authority. This is because the distribution is completely unregulated and there is no guarantee from the government.
2. Bitcoin is vulnerable to being hacked
3. Often involved in Money Laundering to Terrorist Funding
But from there, Bitcoin is still allowed for long-term investments. Buying products or living necessities by paying using Bitcoin is prohibited because the price fluctuates significantly. But in my opinion, state policy is still different.
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I thought about this, but it doesn't matter if we stick with bitcoin or take a shortcut, bitcoin is just a place to earn income through investing, after selling it doesn't matter going up or down, the main focus is not bitcoin but our country's local money, in my opinion. Having bitcoin does not mean we are illuminati members. And most importantly, the creator of Bitcoin, namely Satoshi Nakamoto (pseudonym). And even though the Rothschild family invests in Bitcoin, excluding Bitcoin, it has something to do with the Illuminati, maybe he is interested in this digital asset.
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I understand what you mean, but I also have an understanding of Cryptocurrency which means an asset that can be used in all fiat currencies. I know Crypto as the digital form of Foreign Exchange. But I wonder if in the future there will be a Fiat currency that is digital but has a stable price? Because basically fiat currencies are regulated by the country .. This is just my opinion, if there is an error please correct it ...
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The price drops don't mean it will go away, do you follow Crypto when the prices are high? If you follow Crypto at least 2016, you will know how I've struggled until now. Don't let your statement have a bad impact on newbies who have just entered the crypto world, causing panic ... But with the price dropping, it makes me even more excited because there is a process to buy back  |
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Yes, it depends on its use. If Crypto is misused, maybe state security will act. But this is one form of why Crypto legality is still being discussed. But apart from that, countries that don't accept Crypto also have certain policies. For example, it is possible for crypto to replace fiat currency. But Crypto is great for long-term investing. If my statement is missing, please correct it ...
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I think your statement is unpredictable. Why? Because basically there is no set price, but the price fluctuates according to supply and demand. Increased demand makes prices soar. However, if the price is low it is because one of them is the seller panic
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It seems like Banks and Crypto will not work together, because Banks are a system that is regulated by the government. Moreover, in my opinion, if the bank statement uses the Blockchain system in terms of security, maybe I can accept it ..
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I think this is normal, because looking at the price of bitcoin alone, it is far different from the price it used to be. The amount remains the same but the price is different. But in my opinion too, there should be an update in the system for transaction speed and shipping costs.
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I think it looks like Bitcoin has no problems, Bitcoin is a decentralized peer-to-peer network. No single institution or person controls it. For security, Bitcoin is stored using public and private "keys," which are long strings of numbers and letters linked via the encryption algorithm the mathematics used to create them.
The address listed in the transaction history is normal, we can see from whom and to whom we transact. If an account is hacked, we can see where our assets are going. What I think if it must be fixed is the level of transaction speed and shipping costs.
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This is one of the news that I think is very good for potential new players who are just investing in Bitcoin. But if we look at the factors at the time of Covid-19, the Bitcoin price continued to rise and reached a new ATH. In conclusion, the more people who are interested in buying Bitcoin, the supply will decrease, the more idle the supply will be limited, because the more limited the Bitcoin price will continue to be high. If the price decreases, it's from bad news that causes panicked selling.
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#Proof of Authentication - Email: embesayangsapi@gmail.com- Telegram Username : @mbe48 - Campaigns applied for: Article, Facebook CBT address: 0xddf74F3094C8F3b771ff4FBcea3fA018FBd5B2c4 |
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