Honestly, the White House needs to open up the space and make public declaration in support of Cryptocurrency. That way China will die daily regretting its action in clamping down on Bitcoin. The earlier the better for the US. A few countries are already adopting the blockchain technology into its financial system and this is where the modern technology lies. These countries may springboard on the cryptosystem to become a force in global economy.
Why do it? The white house most of all not interested in the spread of cryptocurrency. The American economy is not in the best condition and the fact that people keep on hand in dollars as reserves this is a huge investment in the American economy. Bitcoin creates migration and soon all the dollars begin to return back to America. It will be a serious blow. |
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Elections are not the reason. In China never changes the course of the country. They have a development plan 100 years ahead, and therefore, after the elections there is little that can change. Maybe the Chinese government has decided a portion of its dollar reserves to invest in bitcoin and in order to do it cheaper organized panic.
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I can't understand why everyone is so worried about the reduction in the price of bitcoin? Even if we assume that bitcoin price this year is $ 2000 then it will still be 2 times longer than was the price in 2016. Is that little growth!!! Everything is fine and bitcoin is growing.
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Why do you need the Association of bitcoin with PayPal? Bitcoin can provide us with more opportunities than any payment system. PayPal is a past stage. As soon as a real opportunity to earn and spend bitcoins on the Internet about PayPal will be forgotten.
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Even if bitcoin is banned in your country you have the opportunity to exchange your bitcoins on the exchange and withdraw to a Bank card in dollars or euros. These currencies are allowed in all countries. It seems to me that ATMs are a relic of the past.
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of course not. I think the bitcoin is directly proportional, so every price rises, then the fee we have to spend will also rise, as well as other needs other. I think it all happened because the number of transactions increased due to the very active market.
Everything is fair - as long as you are earning big money out of your bitcoin thing, bitcoin transaction fee is not really a problem. It would only be unfair if only us will benefit from it and at the expense of the bitcoin miners. Yes, I agree that the transaction fee is proportional to how bitcoin price is going up or down and the law of demand and supply is in application with bitcoin transactions. The price of the transaction may not depend on the number of bitcoins you listed. The transaction volume does not change. It seems to me that this problem can be solved if there is a possibility to buy goods with bitcoin. We will save a lot of money to convert to Fiat and payment transactions will cease to be a problem. |
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In my country there were many cases when fraudsters install special devices on ATMs that read magnetic cards and remember the passwords to them. Then they made something similar to your card and took out all the money. If you are unlucky then you will lose your money and without a smartphone.
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I thought that there was an instantaneous decrease in ethereum with bitcoin.and after these events I thought of as a momentary decrease, I got 50 ethereum from 260 dollars. I can not decide what to do with certain levels. Of course, it is not right to make sales like this.my mind came up with the idea of joining an ico or a going ico . I thought maybe I could save the damage in this way, but I'm not quite sure. what should i do? Should not I?I've been loss since the day. I do not want to loss any more, but I can not find a solution. I am delighted to share your ideas in this regard.
Ethereum is the second most capitalized coin after Bitcoin, so it is a good competition for Bitcoin and so at times like this when Bitcoin would be facing some fundamental issues, I think holding your Ether would be well wort it. If I may, what approach or method did you use in turning $260 to 50 Ether? lol, as he mentioned in the first page, he bought each ETH for 260 dollars not 260 dollars for 50 ethereum and he's now happen to lost money because of the price dumping toward bitcoin and ethereum aswell. holding eth is the best way, after hardfork im pretty sure that the price will skyrocketing, it's mainly because of PoS so, keep on HODLing. Why do you think that POS will lead to the increase in the price of ETH? The whales will reduce the price in order to buy coins. Then it is not known how the market will react to such innovations. Personally I don't trust ETH. I mined a few coins and exchanged them for bitcoin. Now I won't be able to do so for fine Ethereum will cease to exist. |
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I read somewhere that someone suggested that Bitcoin should have less volatility if it wants to be part of the mainstream financial system or be adopted by a greater part of the global population. The logic is that if there is too much volatility, the would be less demand for Bitcoin.
Volatility has been identified as one of the most important barriers to its global adoption (though right now there is no question that Bitcoin is getting popular every day!) especially on the side of the merchants or business entities.
Now, we know that volatility can be minimized once more and more Bitcoin holders would be looking at Bitcoin more as a currency than a commodity but right now this is not yet happening because as the value of Bitcoin is rising we all become speculators.
Is volatility a thing we have to accept as a normal thing as far as Bitcoin is concerned?
Less volatility will be a factor for Bitcoin to be globally accepted as a currency and I agree with it. Most of the currencies specifically regular currencies has a stable market value. It is needed for worldwide exchange, and if the value of a currency is volatile or oftenly changes, it will be a risk. We are hoping that in the future, it will be less volatile since the demand is getting higher as of this moment, maybe it will be highly stable and would make it a good currency. To Fiat currency was stable, there is a mechanism like the national Bank. But even he is unable to cope with inflation. Without centralized management, bitcoin will never be stable. But if bitcoin will get centralized management of it will no longer be bitcoin. |
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It seems to me that a bitcoin ATM is a hopeless business. In my country, you generally will not have a chance to put legally of this ATM but it is not even that. As soon as the possibility of legal use of the bitcoin ATMs will take over the smartphones.
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I never use an expensive card for mining coins using the GPU. The cost is not justified. Old motherboard connection support 4 GPU. The power supply I'm old and cheap server for additional power. If something fails it is disconnected only 4 GPU. It is better to divide a big risk into many small ones.
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If the rate of fall of production why do you get ETH? Then switch to another coin. I do think that in recent years the ETH has problems. I would not be surprised if soon we are waiting for a big dump.
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All the initiatives I see in recent times in relation to ETH inspire me distrust these coins. Attempts to reform the mining new coins can lead to loss of confidence and capital outflows. Acne is trying to make the miners hostage to these coins. These plans can not be implemented. Fortunately, there are plenty of other suggestions.
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I've never heard of cases of bribes in bitcoins. Corrupt officials may hide their fortune in bitcoins, but that's another issue. Such statements of the government to turn public opinion in order to advance to the attack on cryptocurrencies.
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What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Cryptocurrencies are what we reay can ca the future as there is only so much that regular currency can do. Cashless society is where we are trending now and with cryptocurrency you can have the ability to save and profit and gain more with it. It's only now such a situation. When there is an initial accumulation of capital always have the ability to quickly and easily earn. Then the situation stabiliziruemost and earn storage coins will be much more difficult. That is why it is important to have the possibility of direct treatment of bitcoin without the use of Fiat. |
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Government will only try to stop bitcoin but ultimately might not be successful what they are scare of is the continuance increase in the value of bitcoin and equally the number of people getting involved on a daily basis. And they felt, if this is not controlled, it might change the world order of liberation for people and when this happen, they are the most to lose out. But in all, what they have done successfully is slowing it down and not stopping it.
THe sadly part is the exchange site still become the weak part in crypto such as the crackdown of the chinese regulators with a lot of the exchange sites in there and that can be an example for you to recorrecting your word again. Haha I don't think banned exchange is enough to make us can not trading cryptocurrency. If you want to trade crypto, you only need to have a community like Forum or Group trade, then start your order and do not need to care the government, all things are private. You probably do not understand all of the specifics of the exchange. Who will act as the guarantor of your deal? Who will look for clients? Who do you have to buy coins if there is no possibility of exchange for Fiat? Cryptocurrency is still too weak to resist the action of the government. |
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It seems to me that it all depends on how a billionaire made his money. If he made that his priority is always investing in the modernization and construction of new plants. To do this, always need a lot of money. Those who earn in the financial markets the bitcoin is a Paradise.
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so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
Investing bitcoin quite excited to invest and double our btc to earn lot. We sure bitcoin will support us to invest again and double our income. Why all people call investing in bitcoin investments? I think this is a common speculation. Investments should always be focused on the development of production and creation of additional jobs. Bitcoin does not fall under this definition. |
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I think the reasons why goverment banned bitcoin on other country because they know the people are earning money without paying tax. And the bitcoin have a disadvantage if they will legalize it. Because for some goverments in their opinion bitcoin has bad effects to people. Bitcoin being uncontrollable by banks and the goverments.
I don't think taxes is a very significant problem for the government. We see that trade bitcoin is very poorly developed and every user is forced to change bitcoins to Fiat. Such operations are very easy to keep track of the government and they are only one of the act to impose a tax on electronic money exchange for Fiat. |
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Fake news, but effective fake news as the price has dropped quite a bit and then JPMorgan come out and call bitcoin a fraud and that it will blow up, looks like some big boys want in on bitcoin at a much lower entry point.
The banning of exchanges is not fake news but I really don't care about what JPMorgan thinks about bitcoins or you can say his statement has no affect on me because bitcoin is no fraud that will blow up. I will sit back in silence and let bitcoins prove him wrong. Back to China, it banned exchanges because it was becoming a threat to Yuan by their own people. However OTC transactions are still possible. Have you heard before that china will also block the cryptocurrency transaction? Network, IP, VPn, and etc will unable to use. If its truly happening, what will the miners do, while they will unable to mining again? Correct me if im wrong. Let them do anything. I was absolutely not worried. The price of electricity in China is low. I'm sure that as soon as the demand for power, many countries will gladly fill all offers. The more posted will power miners the greater the bitcoin. Goodbye China. |
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