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Showing 4 of 4 results by cbanx
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Re: What do you think about Bitcoin?
by
cbanx
on 19/10/2018, 11:58:03 UTC
BitcoinBTCBTC is the most popular crypto in the world. Most of the altcoins are depended on Bitcoin. The bitcoin is based on world best blockchain technology.

Bitcoin is a currency that is rather a cryptocurrency. I agree with this view. When Bitcoin values beyond our imagination (over $ 20k) people pay close attention to it and especially the government, but not all governments in the world do not like Bitcoin, partly for their sake hurt. Many countries accept Bitcoin and see Bitcoin as a legal currency. I think the future Bitcoin will be the most used crypto coin and replace some of the fiats. Smiley Smiley Smiley
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Re: Do you think Bitcoin can ruin a Country?
by
cbanx
on 19/10/2018, 11:49:21 UTC
bitcoin is a very popular digital currency in the world. Bitcoin changes many people lifestyle and it provides many opportunities to people
bitcoinBTCBTC is not going to ruin a country, bitcoin is providing opportunities to its people for investment and trading, so bitcoin can be a good tool to increase the status of a country economically. I think if the government take a serious step about bitcoin and regularize then they can also impose a tax on it and will certainly collect good tax from bitcoin. Smiley Smiley
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Re: Can Holding Bitcoin affect the stocks
by
cbanx
on 10/10/2018, 06:57:20 UTC
People nowadays used to hold bitcoin instead than to circulate it, how may if affect in the stock or volume of the bitcoins?

Yes of course! Circulation of bitcoins in the market increases the trade volume but when people hold the ample amount of bitcoin it affects drastically and the market came in flux. It eventually pumps up the currency value and generates the demand for bitcoins in the market.
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Re: Why Bitcoin will be the safest investment
by
cbanx
on 08/10/2018, 10:16:14 UTC
A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

I think bitcoin is safe but it depends on which platform you are using. I am using CBANX exchange platform. It is very secure and safe platform for beginners as well as a trader. They are working on blockchain technology that's why it's very secure. Most of the European countries are accepted bitcoin and blockchain technology. In this technology, There are limited coins available so no chance of duplicity. To know more, Visit www.cbanx.com