To determine the best Decentralized exchange is not easy enough. For one thing, there are currently hundreds of decentralized exchanges out there and the number continues to grow. Also, different decentralized exchanges offer different features and may work differently. To evaluate it, you must consider many factors, such as security, ease of use, a speed of trade, trading volume, liquidity, the number of crypto assets that can be traded, etc. In my opinion, IDEX is decentralized exchange currently the most widely used. Therefore, maybe the best.

From what I know, there isn't much information about BitForex background. I will not say that BitForex is doubtful, But, before you take the bold step, you must be careful where you put your money.

The Bitcoin mining can be unprofitable. And if the percentage of good miners stops, then the number of transaction/block solvers would reduce. And then sending bitcoin will take more time and be more expensive. So this is the basic scenario.

But, mining costs around the world vary greatly, so it is possible that mining can shift to various regions where the price is cheap. Liquidity will also be affected, because miners may not sell below their costs so that it will function as a natural price floor. But in the end, 1 BTC is still 1 BTC, and most people who mine do not really care about short-term price volatility, so they will only continue to accumulate it.

Well, I think, you just assume, you're just guessing. Do you really know that everyone only invests in the crypto market !? of course not!


On the contrary, I think, people move assets from fiat, stocks, or other types of traditional investment to crypto. People put a small portion of their wealth in crypto.
I believe everyone here knows that they just put their money that ready to lose in the crypto market.

I think it is difficult to find the right rules, where payment for crime is something that is difficult to avoid by a currency including Bitcoin because what determines is the behavior of the holders.

Maybe many think that Bitcoin is a currency that is very suitable for crime and illegal activities because that is anonymous, Of course, its wrong. Bitcoin has the right technology to combat that thing. Blockchain allows that because it is open source.

Sometimes I doubt the reason for rejecting and blocking the bitcoin payment system by the government is because of the anonymity possessed by bitcoin which is often made into an illegal activity payment instrument. Because... isn't KYC and AML more than enough!?

While online casinos continue to be increasingly popular activities throughout the world, there are still many countries where it is illegal to play online casino. Do you use cryptocurrency like bitcoin as the standard currency, the fact remains that it is still illegal in these countries.

Because of this, bitcoin casinos are only legal in countries where online gambling is legal. So it is important to ensure that you only play Bitcoin casinos from locations that allow you to do so by law.

Well, I think those investors believe that this is just the beginning. That belief is not without reason.

The amount of Bitcoin in circulation is fixed (21 million), and will never be there again, that's why inflation is almost impossible. And in predictions, more and more people will be using Bitcoin in everyday life, and as a result, prices will rise.

I have to admit, In a not too good market situation, I think, It's too risky to "trade" actively, that's the reason I do HODL. Besides, Also, I think, it is too risky not to be part of the future cryptocurrency revolution that I believe it will happen.

Well, I expect Bitcoin to be widely accepted. However, Before going far into the future, I hope Bitcoin can have a lot of support and can overcome the biggest obstacles. From scalability to government regulations, Bitcoin needs a lot of support and work to be completed to be widely accepted in the future.

After knowing what can do by Bitcoin and Blockchain, this is a system that has made me personally feel comfortable, free, and more private. and as you say, centralization is something I fear.

Bitcoin prices remain high because of the potential and Blockchain technology that supports Bitcoin. Blockchain technology promises with high potential and is proven to be successful on a small scale. Despite the time and cost transaction are slow and expensive, many people around the world still believe that Bitcoin has meaning. Bitcoin's scarcity also contributes to its value.

Just short. This is not too late.

The thing that makes me sure is; the majority of cryptocurrency listed at this time maybe will disappear within a few years. If we look at the history of the crypto market 4 or 5 years ago, we will see many coins in the top 100 list that no longer exist at right now. And another thing that makes me believe is; that we are still at the beginning of this market.

To be honest, I have never recommended cryptocurrency to anyone, I have to admit it is a difficult thing to explain cryptocurrency to someone without a technical background. However, I am always open when someone comes to me, explains as much as possible, as best I can, and I prefer to let him do his own research, rather than persuade him to make a purchase.

Many people invest in gold because they believe that this is a good investment. This is better than holding fiat currencies and is a fairly "safe" investment. There are many better ways to invest, but for simple capital preservation, they believe that just gold can do it.

Someone that investing on gold told me; "A gold rod will remain gold forever, but a suitcase full of paper money has a near-zero long-term value".

Offer them solutions so that they can overcome the economic problems faced. If possible, try to do something that can really change their economic difficulties. For example, if you are someone who has more money, try giving capital loans to those who are facing economic problems, if they do not have knowledge of the economy and business, you can teach and encourage them to build a business.

Because if you are someone who cares about the future of one's economy, then give assistance in the form of knowledge and teach them the skills to improve their economy. there is a saying that says; "If you want to help someone who is starving, don't give them fish, but teach them how to fish"

A few years from now Bitcoin will probably become a mature market in trillions of dollars. Yes, maybe you can buy items using bitcoin from at least most online retailers. You will be able to invest in it through Wall St companies if you want, or specific crypto exchanges like people do now.

You will be able to instantly send money via the internet using the Bitcoin Network to anyone anywhere for a fraction of a cent using the telephone application. Paying with bitcoin at a retail location may be quite common in a few years.

Well, I personally believe Bitcoin will become mainstream. However, It's hard to predict when will it happen, is it will happen in 5, 10 or 15 years.

Beyond that, once again, I believe Bitcoin will become mainstream because I believe that individuals are increasingly aware of an inefficient, heavy, and highly political monetary system.

Communities need a system that does not only benefit those who operate it at the expense of those who participate in it. the public does not need a system that allows centralized control and abuse such as increases exposed to the free flow of information permitted by the internet. People will realize and need Bitcoin, and the world is clearly aware of this truth.

Bitcoin is a cryptocurrency that is not issued, does not need the third party, and does not depend on central authorities such as the government.

Well, Government, the first thing they do is form a currency. They want to control the currency, they control through the central bank, they also want to know who owns it, where it is, etc. Obviously, this shows that this is precisely why many governments decide to make Bitcoin illegal.

However, Bitcoin / Cryptocurrency laws frequently update in many countries as the technology evolves and usage increases.

If possible, I expect low taxes, even I hope to remain tax-free. But, Around the world, tax authorities have tried to issue regulations on bitcoin. The US Internal Revenue Service (IRS) and colleagues from other countries are mostly on the same page when dealing with bitcoin care.

The IRS says that bitcoin must be treated as an intangible and non-currency asset or property because it is not issued by a country's central bank. The treatment of Bitcoin as an asset makes tax implications clear.

If bitcoin is held for a period of less than a year before selling or exchanging, short-term capital gains tax is applied, which is the same as the ordinary income tax rate for individuals. However, if bitcoin is held for more than one year, the long-term capital gains tax rate is applied.

In the US, the long-term capital gains tax rate is 0% for people in 10% -15% of the ordinary gross income tax rate, 15% for people in 25% -35% tax group, and 20% for those in 39.6 tax bracket %. Thus, individuals pay taxes at a rate lower than the usual income tax rate if they have held bitcoin for more than one year.

However, this also limits tax deductions on long-term capital losses that a person can claim. Capital losses are limited to the total capital gains made in the year plus up to $ 3000 of ordinary income.

ETFs (Exchange Traded Funds) is funds (pooled investment) traded on the exchange. This is liquid security (can be easily converted into cash). This is security (usually part) that only tracks indices a basket of stocks or commodities.

A full SEC approval will literally kick the door for traditional investors who want to diversify and put their hands on a market that offers relatively high profits and that will make them want to pour large amounts of cash into ETFs and put a portion of it. directly to Bitcoin itself.

This will cause a price increase, it should. It sounds too simple to be true, but that is what will cause the extraordinary demand for Bitcoin that comes with limited inventory, in turn, will result in a price spike until market forces find balance.

First, Bitcoin can't scale if the rules aren't changed, the longer the rules don't change, the more Bitcoin Cash or another cryptocurrency will compete to steal BTC market share.

It is possible if Bitcoin Cash can be increased much higher than Bitcoin, but Bitcoin Cash has its drawbacks too. I think it's really hard to say whether Bitcoin Cash will take place from Bitcoin at this stage.

Bitcoin won't die anytime soon, Until the need for BTC is removed, Bitcoin will maintain a large percentage of market capitalization.

Well, I think, there's no quick way to get rich. However, undeniably, cryptocurrency is one of the closest ways to enable someone to make money easily and get rich.