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Showing 20 of 25 results by Molinology
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Board Bitcoin Discussion
Re: Russia cut off from Swift is fantastic opportunity for bitcoin
by
Molinology
on 01/11/2022, 06:18:59 UTC
Due to Russia’s cut off from swift has left russian with only bitcoin as an option for making international transactions. This has resulted in Russians buying bitcoin at $ 20,000 above the market price.
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Board Bitcoin Discussion
Re: Is now a good time to be investing in Bitcoin?
by
Molinology
on 27/10/2022, 11:34:16 UTC
It is a good time to buy bitcoin but traders should also consider the volatility of the bitcoin which is very high at the moment due to the geopolitical conflict between Ukraine and Russia.
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Board Bitcoin Discussion
Re: New South Korean president is pro-Bitcoiner and vows to deregulate the industry
by
Molinology
on 17/06/2022, 07:23:01 UTC
If I'm not mistaken the next South Korean president is a liberal so obviously he could be a pro-Bitcoiner after all. Against the left wing party he had to against in the election, it was very close and we don't know if he didn't win. I'm not really sure what he means by deregulate, the law has already presented itself as vey effect in South Korean already, so there's nothing wrong with the regulation of the government as far as crypto goes.
Even I do not understand why the op is saying deregulate. The new president, Yoon Suk-Yoel in his statement said that he hopes to attract more crypto unicorns into South Korea and many bills are under consideration regarding the regulating cryptocurrency.
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Board Bitcoin Discussion
Re: The most reliable coin to invest in is Bitcoin.
by
Molinology
on 09/05/2022, 05:29:13 UTC
I have recently invested in Algorand (ALGO). It is one of the most potential blockchain projects and there are a number of real-world projects that are using the Algorand blockchain technology which are continuously increasing its value.
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Board Bitcoin Discussion
Re: Bitcoin Investor Psychology
by
Molinology
on 28/03/2022, 07:35:31 UTC
 The value of Bitcoin has increased exponentially and still is increasing. But when it comes to owning or trading, traders panic if the prices drop and sell them.
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Board Bitcoin Discussion
Re: Bitcoin revolution
by
Molinology
on 21/02/2022, 04:28:35 UTC
@btc70 I totally agree! And the speed with which it is being accepted. I feel in no time bitcoins will be accepted by the whole world, making it possible to buy anything around the world.
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Board Bitcoin Discussion
Re: A supermarket in Mexico now allows Bitcoin payments for all their items
by
Molinology
on 24/01/2022, 05:07:29 UTC
This really sounds great! Hopefully in the coming years bitcoin will be accepted around the globe by all countries.
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Board Bitcoin Discussion
Re: Does Bitcoin have any real value?
by
Molinology
on 17/01/2022, 04:46:30 UTC
I think bitcoin didn’t have any real value until some countries legalized bitcoins and some companies like Microsoft and Lamborghini started accepting them. And hopefully the future will be bright for bitcoin.
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Board Bitcoin Discussion
Re: Bitcoin upgraded my financial life
by
Molinology
on 04/01/2022, 05:46:26 UTC
I am really pleased to hear this. I believe increasing popularity will enable us all to spend bitcoins for buying physical assets as in some cases it has already started.
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Board Bitcoin Discussion
Re: If I had bought bitcoin 10 years ago, I would have been a millionaire: Not true
by
Molinology
on 03/01/2022, 06:19:26 UTC
@Rufsilf I agree no one has that kind of patience that is needed. If someone was able to hold the bitcoin he surely would have been a millionaire as I also think the same today.
But it wasn’t easy for people like me to hold for such a long period due to the falling value. Everyone can not bear the losses.
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Board Bitcoin Discussion
Re: A good man/woman leaves an inheritance
by
Molinology
on 30/12/2021, 06:42:02 UTC
A way could be found to do this. Crypto is nowadays most people’s asset as it is easy to buy and track. No stress about any documentation like in case of properties and other assets. But there have not been much talks of people leaving behind crypto for their dear ones. Maybe it is newer but it does hold a lot of potential and would be perfect as inheritance.
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Board Bitcoin Discussion
Re: Why is Bitcoin in the highest level of trust?
by
Molinology
on 30/12/2021, 06:11:10 UTC
Bitcoin is the oldest crypto as it was the first crypto to be ever introduced. Due to this reason people trust it the most. There are a lot of cryptos in the market and new cryptos are introduced every now and then. But only a few of them could be trusted which have strong fundamentals. Bitcoin has a never ending trust in this case and will continue to be the favourite crypto.
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Board Bitcoin Discussion
Re: What can you actually buy with Bitcoin?
by
Molinology
on 29/12/2021, 06:42:40 UTC
The number of retailers and payment vendors accepting btc have increased in recent years. There are items that you can buy using bitcoins like cars, luxury watches and electronics.
Luxury car dealers like Lamborghinis and electric tesla have started accepting Bitcoins. There are also certain companies like Microsoft that accept bitcoin while making a purchase from their websites.
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Board Bitcoin Discussion
Re: Why Do Young Investors Prefer Cryptocurrencies?
by
Molinology
on 28/12/2021, 06:50:15 UTC
@cryptmuster Yes, Young investors are more risk-takers. But more importantly they are smart and are more equipped with digital knowledge than the previous generation. Due to which they see more profits in cryptocurrency than a person from the older generation could see.   
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Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Molinology
on 28/12/2021, 06:41:27 UTC
Yes, indeed this is great news. And now there are other countries like the US, Canada and the UK who have bitcoins to be used.
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Board Bitcoin Discussion
Re: 90% is already there, only 10% is left
by
Molinology
on 27/12/2021, 05:53:14 UTC
What more can we ask for at this moment, bitcoin had its bull run where the price skyrocketed, and even if we see this many times but if it would only result in a huge correction, I think the market will not mature because of the high volatility like this brought by manipulation.

We need some real adoption and hopefully when every supply will be mine the market will be less stable and probably more regulated so we will reach our goal of massive adoption.
We might reach our goals of mass adoption but don’t you think that it would adversely affect the environment and lives.
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Board Bitcoin Discussion
Re: Bitcoin as a "Global Unit of Account"?
by
Molinology
on 24/12/2021, 05:04:48 UTC
I don’t think Bitcoin will be a ‘Global Unit of Account’ and there are few reasons for this. Firstly, The value of bitcoin is very high and it will be difficult for some countries to coordinate with such an amount. Secondly, people even though are investing in bitcoin have a tilt towards local currency.
It may become the global cryptocurrency but it is very difficult for bitcoin to become a ‘Global Unit of Account.’
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Board Bitcoin Discussion
Re: First Bitcoin City
by
Molinology
on 23/12/2021, 06:50:22 UTC
A Bitcoin City! sounds amazing. It would be a very different experience altogether to be in a place where you could use Bitcoins for everything. This is going to encourage adoption of Bitcoin as well as other cryptos. Cryptos will become more trustable now and there is a hope of huge growth.
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Board Bitcoin Discussion
Re: What if governments make Bitcoin centralized?
by
Molinology
on 23/12/2021, 06:40:46 UTC
If the governments do look in that direction, Bitcoin may gain even more trust. It would lead to growth and adoption of Bitcoin and other cryptos beyond current limits.
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Board Bitcoin Discussion
Re: Whats wrong with btc
by
Molinology
on 22/12/2021, 06:04:40 UTC
The only thing that is wrong is the patience of people that drops with the downtrending of bitcoin.