Curiosity surrounds the world of Bitcoin, that's for sure. But if you were to be asked to introduce Bitcoin to someone who knows nothing about it, how would you do it? What approach will you take?
EDIT:
In addition to the question, how did you learn about Bitcoin? Do you think your first steps into the crypto world is something you want other's to experience? Or would you rather have them take another path that might shed more light on Bitcoin better
If someone asks what is bitcoin. We can answer, digital bitcoin types are easy to sell and easy to understand. If you want to transfer money to anyone in any part of the world right away without a bank and for cheap, use bitcoin. If you can afford to lose, but you want to try a business that can release your profits in hours than buy bitcoin. If you are thinking of a currency that could be the world's currency, it is bitcoin.
The things you listed above I enjoyed. Thank you for giving it. I enjoyed it !!
What is happening? will it change after adjustment since the transaction cost is being affected by the crazy price rise
I do agree that the fiat price of an average transaction fee is waaaay higher than it *should* be, but like others have already said: the lightning network is being developed, and if more and more people would switch to a segwit wallet, the problem should also become less pronounced.
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BoardEconomics
Re: Why lot of countries do not allow to use Crpto?
by
doanngocdiep02
on 15/09/2018, 19:10:20 UTC
The reason many countries do not allow Crypto to get some tax from their people. Most of the cryptographic transactions occur in the main exchange, meaning that taxing them is not a big deal.
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BoardBitcoin Discussion
Re: Why you should stay off from market prediction
by
doanngocdiep02
on 14/09/2018, 16:32:27 UTC
Also majority of the crypto trades are based on short term predictions. If people stop predicting/speculating bitcoin's price, the market movement will be halted and the growth will be stopped. Bitcoin is largely a speculative asset. Without prediction, nothing will be achieved.
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BoardAltcoin Discussion
Re: What is your trading plan?
by
doanngocdiep02
on 09/09/2018, 19:13:43 UTC
I only trade with BTC, ETH and USD. I only want from 10% to 20% profits per trade period.
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BoardBitcoin Discussion
Re: Do you still believe in predictions of "experts" about the bitcoin price?
by
doanngocdiep02
on 09/09/2018, 16:38:17 UTC
No, I don't trust any Predictions anymore, I unfollowed them who give prediction regularly. Predictions are the way of losing money! Now I am free, I do things in my own research!
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BoardBitcoin Discussion
Re: People call bitcoin a fraud or ponzi scheme
by
doanngocdiep02
on 08/09/2018, 10:57:50 UTC
people who call bitcoin as either fraud or ponzi scheme has no in depth understanding regarding cryptocurrency. but once they fully understand it, they will love crypto at all angles. a lot are still beginners or just starting to know bout crypto, so expect various opinions arising, good or bad perspectives.
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BoardEconomics
Re: Is wallet security important to use?
by
doanngocdiep02
on 07/09/2018, 18:19:09 UTC
I agree all of us need to be extra careful regarding in handling our wallet.We should make a back-up in order to secure our account and make sure all your private keys are backed-up.
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BoardSpeculation
Re: Chinese Investor bought 10,000 bitcoin during the dip!
by
doanngocdiep02
on 06/09/2018, 18:24:40 UTC
Even though lots of bans from chinese government, chinese people are really crazy about whole crypto world and what can be best way to fly out of country with their money other than bitcoin and same applies to both small and big investors. Chinese people want to invest in foreign countries and bitcoin is best to way move their yuan to dollar for extreme profit after few months. I am afraid of this guy dumping his whole bitcoin if price will go over $30k or near it. He might not care about the future value as he is just an investor who believes in profit taking.
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BoardBitcoin Discussion
Re: Just got a little extra money and want to invest in crypto, should I?
by
doanngocdiep02
on 06/09/2018, 17:12:02 UTC
in my opinion, no matter how much money you have, just invest in BTC, because waiting for low price bitcoin like this is very cheap, then if bitcoin has recovered, you will enjoy the results ... I'm not sure to suggest you invest in another coin ..
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BoardBitcoin Discussion
Re: Why government announce bitcoin is illegal?
by
doanngocdiep02
on 05/09/2018, 01:58:38 UTC
bitcoin will continue to move even though there are still many countries that still declare illegal, I'm sure someday bitcoin will be accepted in all countries on the grounds that bitcoin is a technological advance in the future