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Very interesting...if this is only halfway accurate then it sheds a different light onto this...but a video on YouTube is not the most convincing evidence either
Just as usual currency: buy stuff, sell stuff.
Depending on the adoption rate in your country is may be limited mostly to online shopping, though.
Depending on the adoption rate in your country is may be limited mostly to online shopping, though.
I agree, if more than 0.02 percent of people use crypto for real life purchases the demand and volume go up, and it will lead to more retailers accepting it as currency, an upward spiral. Right now too many people are busy with the pure speculative part than using it as actual money.
Re: Five reasons 2018 could be the best year yet for cryptocurrencies.
Hosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space.
For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018.
Taking into account several factors, the cryptocurrency market's upside potential could rise to up to seven or eight times present levels, he says.
1. The work on scaling issues
2. Large scale and more legitimate ICOs
3. Regulation
4. A lot of execution and usability
5. Institutional investors
For more info or details heres the link.
https://www.c[Suspicious link removed]m/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html
I think this is reasonable.
For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018.
Taking into account several factors, the cryptocurrency market's upside potential could rise to up to seven or eight times present levels, he says.
1. The work on scaling issues
2. Large scale and more legitimate ICOs
3. Regulation
4. A lot of execution and usability
5. Institutional investors
For more info or details heres the link.
https://www.c[Suspicious link removed]m/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html
I think this is reasonable.
I think there is a possibility that people will remember 2018 as a good year, the prices came down to reasonable levels and there are a lot of positive things going on behind the scene. I have more confidence in crypto than last year when most was speculation. Now the projects are being built and plenty of good ones undervalued.
We are all tired of what is happening its been a long time since market is very high and have a very good performance. But all we can do is just to wait a little more. Have more patience. Instead of being sick and tired, just do something meaningful and useful to earn and save as many good coin as you can. You will not that market is at good condition again.
I agree, the more you look at charts the longer it will feel it takes, just zoom out, spend more time doing other things than crypto or at least spend time doing analysis but not about charts, unless youre a day trader. I reduced my time to spend with crypto and I am less nervous now. The more you want something the the longer you have to wait, just tune out for a while.
The market is down because of numerous factors acting on the market at the same time. The market experienced attacks from governments after it hit Bitcoin hit $20K early of this year. The governments were scared of the kind of power Bitcoin could give to its users, hence decided to publish all kinds of bad news with the intention to create FUD in its investors and potential investors.
It would be really interesting to investigate what was the actual single biggest thing that happened which triggered the decline. I doubt it is related to governments mainly. Just before the decline Facebook and Google announced their ban, I think that was the beginning of the downward trend.
I have only gained good things from cryptocurrencies (they have changed my life for the better), however, I am frustrated at those who are in for money, and only money. They hurt themselves as well as cryptocurrencies future. I am sad that I still can't use bitcoin to purchase the things I want, as it isn't used as a payment currency/method. I am sad that there are big financial institutions that want (and do their best) to wipe the crypto world out, and instead of working together as a crypto-community to thrive, we are fighting, arguing, and scamming each other. Where I live, the government relentlessly tightens and destroys our financial livesI was lucky to have found salvation in cryptocurrencies when others struggled.
We need to show the world that we are not just a bunch of wanna-be millionaires, that we actually care.
We need to show the world that we are not just a bunch of wanna-be millionaires, that we actually care.
It is what happens in the cryptocurrency, and we are now still on the first phase of the cryptocurrency which there are many people in out there cannot accept cryptocurrency as a new way to solve any problems. We still on our way to becoming globally and the governments will see about this, and they will use cryptocurrency in the future. But until that time, we can still support the cryptocurrency to survive in many situations, and the best is, we could still make money from the cryptocurrency. Soon, every people will realize this, and I am sure that they will be too late to join in the cryptocurrency.
Yes that makes sense. But how do we support cryptocurrency?
Lots of crypto believers talk positive about crypto with their friends or peers but too many are in just to speculate rather than using it in the real world. Spending your bitcoin for actual goods is the way to support mainstream adoption.Even on pornhub only 1% are paying with crypto, that needs to change.
I have only gained good things from cryptocurrencies (they have changed my life for the better), however, I am frustrated at those who are in for money, and only money. They hurt themselves as well as cryptocurrencies future. I am sad that I still can't use bitcoin to purchase the things I want, as it isn't used as a payment currency/method. I am sad that there are big financial institutions that want (and do their best) to wipe the crypto world out, and instead of working together as a crypto-community to thrive, we are fighting, arguing, and scamming each other. Where I live, the government relentlessly tightens and destroys our financial livesI was lucky to have found salvation in cryptocurrencies when others struggled.
We need to show the world that we are not just a bunch of wanna-be millionaires, that we actually care.
Bitcoin is a very wide and huge potentiating crypto currency and this is the reason why bitcoin is that much popular and successful among millions of people around the world and in present times the bitcoin is considered to be the best investment among all and there are millions of people who are investing into bitcoin because bitcoin is providing them a huge and very good profit and because of this reason most of the people are in bitcoin because of greed in high amount of profit and for this people needs to change.We need to show the world that we are not just a bunch of wanna-be millionaires, that we actually care.
I also think too many people are in crypto for the wrong reasons, primarily to make money and less interested in the the things below the surface. But during the bear market I think many will loose interest again. Its not easy to make money in crypto, at least it is as easy to make some or loose it. If you just approach this with low efforts and interest most likely it will be the latter.
I think the world is not ready (yet) which is why we have less than 0.02% adoption. You see bigger adoption in countries like Venezuela or Turkey where the traditional monetary systems collapse. Sooner or later this will come to many other countries and then people will see the real value of crypto currencies.
Right.We are still facing on a down market today since crypto is very much volatile and fluctuations will be expected all the time.I think having a down market is caused by some negative news that have totally affected some investors and holders to make panic selling in some ways.Hopefully the price will soon to recover making the market turns into green again.
Correct! Many investors are panic selling, which explains the reason why the market has been on a downfall these days. It's normal within crypto land, since volatility has been affecting Bitcoin after its creation in 2009. All we could do is just wait until the next upsurge in price occurs for all the cryptocurrencies on the market. When Bitcoin rises, altcoins rise in price too. The same behavior happens if Bitcoin goes down in value.
The way I see this, is that Bitcoin is the reserve cryptocurrency of all cryptocurrencies in existence. What this means is that if Bitcoin fails or dies, then other altcoins will die too because they depend heavily on Bitcoin's value on the market. For those that are in it for the long term, they don't care about the current bear market. But, those who got in last December 2017, are regretting being invested into Bitcoin in the first place since they've lost a lot of their hard-earned money. All in all, it's only a matter of patience and perseverance to obtain the results you want to achieve with your crypto investment in the long run.
I also think it is the main reason for these current conditions, more and people who got in last year have not only lost their profits but also initial investments and wont be buying anything in the near future. Bad news lead to severe dumps and good news hsve almost no effect on the market anymore.
I was torn between Trezor and Nano Ledger. In the end I decided to go for the Nano as the Trezor did only support very few coins. Whats the point of enhanced security if you can only apply it to 10% of your stack?
Investing is not all success, success comes from failures that help us to draw lessons to be able to do better for the next.
Oh, how can it be? Certainly, if a person is able to take these failures as the great lessons, which teach him not to repeat his mistakes, it is possible, no doubts.
my biggest learnings certainly came from my biggest mistakes, but not always you can get some key insights. Sometimes though the insights were invaluable. Especially in investing. If you catch a fish by coincidence and loose it, well that is life. But if it helped you to find a better way fishing then it was worth it.
it is partly our own fault though. you can't always blame others. for example you mentioned something about not being able to spend bitcoin to purchase things you want. the question is, have you really searched to see if it is impossible to buy that thing with bitcoin or are you making an assumption? because i have seen many who were just assuming they can't spend bitcoin but they could.
Yes. For example, if I want to buy something from Amazon, there is Purse.io which lets you purchase from Amazon using bitcoin, however, the things I want (Electronics, to be specific) are not available there, and they only have a few products. Online stores where I live won't accept bitcoin as a payment. Another example, Steam. When they supported bitcoin as a payment method, I bought every game I had on my wish list using bitcoin (I have spent more than 0.25BTC on Steam, not much, I know), then they stopped accepting bitcoin during the insanely high fees period last year, which turned me down (I know there are thirdparty Steam keys resellers like G2A, cdkeys, etc. which accept bitcoin, however, I wanted to support bitcoin on Steam to let them know that it is needed and being utilised as a payment option). By the way, I don't blame merchants, retailers, and businesses for refusing bitcoin as a payment option, I know business is business.
Why would merchants accept crypto if only 0.02% are using them? If this number gets up then merchants will adjust automatically. There is also a hurdle in terms of investing...they need to buy equipment so they can integrate crypto payments which is expensive.
I read somewhere that there is only 0.2% adoption rate...even if 10x people use crypto currency than today it will still be a very small minority. Another 10x and we have 20% which is suddenly a sizeable market and companies cannot ignore that anymore.
is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
I think too much weak hand in the market, they expecting too much in crypto and they think they will got 2-5x profit just in a few days or weeks and when the market down they seel all theirs coins. This is really bad and they put too much hope in etf. I do believe without etf bitcoin and cryptocurrency will keep developing many big investors will coming from good new compliance exchange like bakkt and bison that will coming this years. We need to stop panic with the market condition, and also this really good time to buy in this dip situation.Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
I think the weak hands left the market already, they got burned and will not touch crypto very soon again. I see another big problem. A lot of people lost money this year and there is a lot if liquidity gone. Therefore it is really key to get in fresh money. I hope there will be some green light from regulators soon.
I think the most commonly used wallet is myetherwallet. Because the wallet is the easiest wallet to use. And I think it's safe enough if you use it carefully. You can also use a ledger wallet to store your altcoins. Choose what you think is easy and safe. I suggest you use ledger.
I also used myetherwallet and thought it was save, then there was a hack and many users lost everything. Then I decided to play it safe from now on and moved everything into a nano ledger wallet. It's quite unhandy though, I prefered the carefree times...
Most often people loose money in investments because of their emotions, they are either too greedy, to impatient, have to much fear etc. If you want to be successful you have to operate with your mind alone and leave emotions behind. Not easy though!
Has this coin died? 
We need founder or some1 who can handle that.has XIV trading platform WWW.BI123.TOP
That's awesome, I'll put later some xivra for sell. What we also need is a gambling and other useful portals where ppl can spend some XIVCan you add bitcoin there?