Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market. As such, many people have lost their faith in Bitcoin and cryptocurrencies in general, as they've lost a lot of money.
Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted.
Nonetheless, what are your thoughts about this? Will it be Game Over for Bitcoin? Or will everything go back to normal soon?
Ofcourse not, in these days bitcoin price gets lower and lower and they faces a lot of obstacles this past monta or year but time will come bitcoin will rose ahain and they will overcome those obstacles. Honestly, the price now is normal because when the time that bitcoin started it has only a little bit price.
When big boys enter the picture, the rule has changed. Bitcoin then becoming a fprm of investments, and no longer the original vision of satoshi, iguess its really inevitable, specially during the 2016-2017 when it peaked at around$20,000. It become a speculative asset, and others tske that as a opportunity, trying to make quick bucks, or even putting thier whole life-savings hoping to become rich.
It is r ally fto ne to invest in bitcoin. Yes, bitcoin is really an asset to all investors especially last 2017 because of its value. Theres no peoblem in investing here because it can help you to earn a lot.
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BoardEconomics
Re: Beside Cryptocurrenices where would you invest?
A lot of people now days jumping and investing in the cryptocurrency industry. If you are not investing in crypto, where do you else invest? Property ? normal crowdfunding? give your input
Other than cryptocurrencies, Iw ill invest in some propertied. Investing on it is more convenient because if you have your own properties less hassle for you to pay bills that is not on your own. Better to invest on it because you can still do a business within it. Such as use it for renting apartment, do a small businesses and etc.
Digital currency is to change the world, many of which were positive, to a certain extent, they pose a containment of the government, gave the people an alternative, but that doesn't mean they don't need to be regulated.
One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.
If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?
It is important to regulate the bitcoin because it is better to organise it. For the better cryptocurrencies it should be systematised for us to understand it easily and to prevent confusion. It can also prevent a those people who have a bad intentions and those do not use cryptocurrencies in a good way.
According to the k-line of 2011-2017, the major bull markets are basically those that rise after a super rally and then go back a year to two years later.
When should the chance of tuen mun be this time?
Feel like there's a half-year down period?
While history will not simply repeat itself, shouldn't the bull market come so soon?
The ICO bubble is pretty bad.
It is really hard to predict the future of bitcoin. Many obstacles that the bitcoin faces everyday especially these past few months that is why the price of it did not rise again like the price of it last 2017. But I hope that the future of bitcoin will be good and it can help a lot of people because nowadays there's a lot of people believe on it.
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions. I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
At first ot is really hard to understand but if you read more and analyze it it is easy. Crypto world has a lot of things can do so there are a lot of people thinks that its hard but in the otherhand if they learned to used bitcoin it is very easy. It just a matter how you really want to learn bitcoin for you to understand it easily.
There are many cryptocurrencies out there, the fluctuation is wide and big. Theres a need of a coin that uses a process to stabilize its value.
No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.
Do you agree???
There Are no any crypto can replace bitcoin. It is a dominat/ superior cryptocurrencies that existed in this world even it os in a crisis state and keep on falling bitcoin is still the number 1. So that even the other crypto rising the bitcoin atill the best and superior crypto
Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
Its a no, tje otger coin os still almost the same in bitcoin.Yes, we all know that bitcoin price now is in a low price but still the other cryptocurrencies did not rise too therefore I see that the other crypto does not move faster than bitcoin. Also the bitcointvis tge superior in all cryptocurrencies so that it is the crypto thas ha a great price than others.
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Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
I prefer to increase the price of bitcoin because first of all I dont have any dollar. Also in bitcoin theres a lot of benefits that can get here. Many advantages that youcan getin bitcoin such as fast transaction, reliable, also it is trusted.
No don't move. Just keep trusting bitcoin because in right time it will back again in to its more higher value if you will not give on it. In bitcoin it takes time for you to gain a huge of profit that is why patientce is really important. Do not ignore bitcoin because as many as surrender in bitcoin it will be fll but if the people did not give up it helps the bitcoin to keep fighting and to increase again.
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
We spend time in bitcoin because it helps us to support our daily needs financially. It has a high price that can make you to earn a lot of profits. It really help each individual especially for those people who have a hard time to look for a regular job and have a high salary.
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BoardEconomics
Re: Will the bitcoin be outdated by another currency?
Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.
Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.
BUY BITCOIN TODAY AND ALWAYS.
Its a no because first of all bitcoin is the superior cryptocurrency among crytpo currencies. Many people trust the bitcoin than any cryptocurrencies. If bitcoin falls its also affect the other currencies its also falls to. Therefore bitcoin will not be oudated by another currencys.
I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
As of now bitcoin is did not reached its goal because as we can see bitcoin price now still decreasing therefore it shows that there are still countries that did not accept bitcoi. There era countries that di not allow using bitcoin and banned it in their country. Also, we can't say that bitcoin will be successful in 2022 because we do not know what will happen tomorrow.
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BoardBounties (Altcoins)
Re: [BOUNTY][RTC] RATEONIUM - 2 500 000 RTC REWARDS FOR SPREADING THE WORD
I am seriously considering it. There is no future in a small market cap that is pumped and dumped!
In addition, trading bots are running the show: milking everyone!
Honestly bitcoin is not in a good state this past few months but I did not loose hope that bitcoin will be back again or it will pumped. It is natural that bitcoin will increase nor decrease. Also I always do my best so that I can contribute in bitcoin to make it again increase.
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes. Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such. Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to. Taxes helps in :
Paying the salary of government employees Making of roads Public schools Parks run by the government Maintenance fees Making government hospitals Making high schools ... The list is endless
We all use all these services at one part of the life or other therefore we can just consider it a little payment for that . People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.
It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.
Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
We pay taxes because it serves as a contribution to the economy. Taxes is used by the government to sustain the needs of every people in each country. They used it to project that can help to the people where they are belong. It serves as a fund for education, health to maintain the peace and cleanliness in each countries.
I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
as we can see the bitcoin now, we can s e say that they still did not achieved their goals because there are some hindrances that the need to overcome abd they need more innovation. Also they did not reached the objectives that tgey want.
I had invested one ICO previously, it failed although I didn't contribute a huge amount on it. A news yesterday made analysis on blockchain ICO projects, mentioning 92% of these ICO projects are failed.. Should I stop investing the others or any really potential ICO suggest?
As for these season do not stop on investing. Yes bitcoin price now is not really high and in the state of decreasing but you as a invetor you can contribute to the bitcoin world to rise again because investors are the heart of bitcoin price which can help to rise again.
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BoardEconomics
Re: Investing in Bitcoin? Advantages and Disadvantages
In investing bitcoin theres a lot of advantages s well as disadvantages that can get. The advantage rhat you can get in bitcoin is you can here it a huge of profit. In addition the price of it is not constant so that it has advantage that it will rise and your money or own bitcoin will rise but it is also consider as disadvantage because if it gets fall yor money will decrease too.
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Re: what is the future of virtual currency like bitcoin ?
As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Todays global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sectors development and then we can provide their salary through bitcoins because of its popularity. On above this conversation we dont need to worry about future of virtual currency or bitcoins.
The bitcoin future will be better. It will have more investor and business man. I think that someday the bitcoin will rise again and it can help a lot of people. Some country will legalize and it the population in bitcoin will be greater.