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Showing 20 of 229 results by FaMouS8828
Be careful all of the time, after it, you must fully know about the project in which you want to invest your money. Simply read all of the comments that users left or feedbacks about the project, search on the internet more information and check the career profiles of the founders.
It is just a conspiracy theory so you need to you understand the reality that Bitcoin is not controlled by anyone at least with the current value 51 percentage of attack is not possible and the blockchain network of Bitcoin.
yeah, bitcoin is not controlled by anyone compared with altcoins. The opinion that China has a lot of miners/farm and can make a 51 percent attack is wrong. I assume that it is a conspiracy theory for making more hype only to show that bitcoin is not a good asset for buying or investment.I agree with the euro currency, last year this currency becomes weaker and weaker compared with the dollar. I assume that better to buy dollars then euro, but both are bad decisions in the long term because all fiat money is subject inflation.
Based on the project concept.
There are projects that want to apply the idea of using crypto even I found it not suitable or let's say doesn't make sense (according to my view). It's not easy to attract investors on a project that can be consider as "cross bordering" between real world and crypto or I don't know if this the right term to this.
If you are really eager to attract more investors or some sponsors for funding, think outside the box what will be the good reason why should someone will put money on your project. No way they will just throw money on a something that will not have a promising return (remember, "investors").
I can't really tell you what's are the exact things to be done because you know your project more than us. Goodluck having a brainstorming on what things you should do. Patience mate.
I also agree that the main reason for attracting investors is the ideal concept of your project. If this is an innovative and interesting idea that will help people or solve their problems, investors will be definitely found.
In my mind, small businesses will not be problematic to accept cryptocurrencies, but the main reason that there doesn't that is a restriction from the government side. The government can't control the flow of crypto money, so they can't know all the information about you and your money. Is this make sense for them? Definitely not. For instance, with bank transactions, government can get any transaction and follow where are from this money. The good advantage for government system to collaborate only with banks.
Re: What will happen to Bitcoin if there is a global economic crash?
In my opinion, people will find alternative ways to save their assets and social status. If would collapse, people will definitely disappoint in government, buy gold and high-risk assets.
Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made
if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls
I would love to know your thoughts about where we are going and how you think the landscape will change.
if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls
Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money
Maybe yes. (but I'm not sure yet). Libra is said to disrupt the financial system because it will potentially become a world currency. As far as I know, Facebook has launched a cryptocurrency called Libra since a few months ago. The aim is to make it easier for people to send money around the world.
No way, Libra can't disrupt financial or economic system, it doesn't have such power. Actually, Libra hasn't achieved any success at all and failed according to all expectation. Also, it will not become world currency. And what exactly that means, that will be officialy used in countries all around the world? I don't think so.
Facebook as a corporation has a lot of power, but the main question - Do the people want to buy Libra? People buy bitcoin because want to control their money personally not with help of banks or government. People don't believe them and Libra will be 100% controlled by government. So, we need this feature? I assume that no.
I wonder if McAfee predicting such a high Bitcoin price for a joke, or does it really believe that by the end of 2020 the price will rise to $ 1 milion.. 
I think that was more joke than truth prediction. It's a quite huge price for bitcoin even if all countries get rid of restriction the usage of bitcoin and people can buy cryptocurrencies easily and legally. Still possible prediction of price but not for 2020 Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.
I agree with you, bitcoin still has a significant role in the crypto world. Moreover, a lot of altcoins have better technologies and various destinations of usage but bitcoin in spite of that fact have the best dominance among cryptocurrencies. I think it is because bitcoin is completely decentralized not like altcoins.The major stuff why people don't use bitcoin as real currency - not stability in price and it makes people scared to start to use cryptocurrencies in a daily way. In addition in some countries using cryptocurrencies prohibited.
For all we know, technology is rapidly innovating over the years, and we will see a lot of improvement, discoveries, invention anytime soon.
So, for the question, if blockchain can replace banks, it's a big 'No' when in fact some banks are seeing the potential, advantage, transparency of blockchain, so they are checking, reviewing and studying it how they can use it in bank transactions.
So, for the question, if blockchain can replace banks, it's a big 'No' when in fact some banks are seeing the potential, advantage, transparency of blockchain, so they are checking, reviewing and studying it how they can use it in bank transactions.
Maybe we should consider asking a question something like "what can bring blockchain that will replace banks?". if we associate answer with decentralized system and possibility to get rid of the intermediary agent - it's not so simple because banks are businesses and their owners definitely don't want to reduce their income and money, so it will be really hard to replace banks despite presence better technologies.
In crypto worlds really a lot of scams compared with other ways and it's really simple to understand - cryptocurrencies don't control by any government and bitcoin or altcoins much easier steal from people.
Re: How many bitcoiners on here have actually used bitcoin/crypto for commerce?
in my opinion the use of bitcoin for payment tools can only be used in countries that are friendly to bitcoin. like Japan, Switzerland and and Russia. and if we live in a country that has not yet legalized bitcoin as a means of payment. so I'm sure most of them have never used bitcoin for payment. they only use bitcoin to invest and trade. but I am optimistic now that bitcoin is headed for mass adoption soon countries will legalize bitcoin as a means of payment and make bitcoin a global currency.
yeah, we can use cryptocurrencies in countries where they not restricted by law, but the main reason why we don't use it as the main payment method is that a small number of shops can take cryptocurrencies. I used bitcoin in commerce but it only for selling/buying digital goods, because it's not simple to buy food or something similar via bitcoin.Definitely the major source of money comes from my daily job and it is not a lot of money but I really glad that early understood that investments it is absolutely important. When I was talking with my friends or colleagues I realize that a small amount of them invest money in assets. Especially they don't think about financial independence and often buy unnecessary things.
Good investor keep holding their asset although price still lower and keep it until price back to higher, always support with their asset by promoting always their altcoin holding.
Definitely I agree with this opinion. If you invest money in any asset you must be pretty confident that it will absolutely give you income. But you must understand that it is often long term process and checking the price of your assets every minute senseless.Yeah, fiat money really a bubble and one of the disadvantage it's inflation. You can collect a lot of money but is it have a sense if by twenty years your money will lose a half of value on this money. So, you must know it and not only collect money but also invest and generate more and more money that inflation can't "eat" your money.
I think it is a temporary price for bitcoin. Very soon will be bitcoin halving and it will definitely increase the price for cryptocurrencies. Also, you can invest in perspective ICO or IEO, but it is a very risky investment. The good way to become rich it's the stock market, yes it's not fast money, but it's a really good way to create passive income and get more money.
in my opinion we will not be able to avoid a crisis if the global crisis has already occurred. we have to face it even though it's difficult. so to overcome the economic crisis we must have savings and assets. because in times of crisis all the necessities of life will rise if we don't have savings or our economic assets will be depressed. therefore we must save and have assets. and in my opinion bitcoin and gold are assets that can be counted on when a crisis occurs.
I agree with this opinion. We are don't know will be crisis or no but at the same time we can prepare for it if it will be. And if a person has got some good investments or assets I am pretty confident that this person will be passed a crisis whenever it will be difficult or not. I mean you must have assets like stocks, cryptocurrencies, and gold, so just invest in these instruments when you will have some extra dollars.I think the future of the bank will have a blockchain technology that develops payments into cryptocurrency and will reduce the use of paper currencies because all payments will use digital currency methods which prove to be more efficient and can improve the economy of the country.
Banks won't reduce their part of the financial market, even if banks will take blockchain as a general part of their technology it is likely that we will also be paying commissions to a bank as before. Banks won't become decentralized, it always was centralized and in the future will be centralized. But, maybe we will see something like an open-source project where won't be centralized control and additional commissions. I hope.