Hello traders. What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and high transaction fees.Banks cant control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
The fact is, this has not happened yet and actually I guess there are no serious reasons to think that bitcoin as a payment system will substitute the bank payment system. We must understand that the bank payment system is incredibly viable because it is made, controlled, managed and encouraged by the government and the most powerful persons in the world. I heard that some private persons possess FED (as shareholders) and there was much rumble around it several years ago where was concerned the us national debt and so on. Nevertheless I do not feel any suspenseful signals which make me think that the world bank system will be changed and reorganized in the nearest future.
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BoardBounties (Altcoins)
Re: [BOUNTY][HDX]💥Hydax Token💥The Most Valuable EXCH Token💥Live EXCH💥
If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today, and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..
Yep, evolving is a long and excruciating process to achieve success in finally. By far nobody likes waiting. For me awaiting is excruciating I hate being in suspense. I wanna have everything that I need and obviously I want that right now I know that many investors are looking forward to see bitcoin somewhere at 20k$ but unfortunately, the other day bitcoin tumbled a little to approximately 7k$. Why did that happen? I do not know. Like others I wanna see growing bitcoin without suspenseful signals nevertheless it is just my dreams and not more. Yeah, I am tired of reading pledges about the soon bitcoin growth I wanna look at that in reality and I really hope it will happen soon.
What do you think the crypto world needs at the moment? (I'm talking about projects)
In my opinion there is no real platform/website that offers everything you need. For example, news, some kind of trading tools or indicators, educational program maybe hot articles etc...
I think it is vitally to add more stability because the crypto market often tumbles. Obviously, a tumbling market discourages investors to be positive and active however it gives us an additional opportunities in the future, of course, I mean for investing and speculating purposes. Perhaps it will be useful to append some more regulations to prevent scam but not too much because any strict regulations usually discourage any developing processes. Generally it would be nice to free from any biases and have a look at the crypto market from a clear mind to find out what the troubles we have. Anyway it is vitally to evolve permanently so I am glad that I often read any ideas how to improve crypto tech and even the whole world.
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
A bit earlier I was a trader (a speculator) I did not used to hold assets for long time. It was cool but too risky and I was tired of trading and moreover I did not sleep well I was too nervous until I have become an investor. To be an investor is much more pleasant than a trader. Just I need is to make an excellent research, diversify my money and wait, sometimes looking at quotas. I do not excruciate myself by day trading anymore. I noticed that investors are viable than traders because they hazard much less as well as they spend much less time in suspense. Nothing discourages a person to be either an investor or a trader, every person makes an own choice oneself
Good evening everyone, I want to share a little bit of saturation but also want to share the spirit in the current market conditions (Altcoin Prices). When you decide to trade, you must set aside a lot of time to monitor price movements. Actually not only choose the time to buy or sell, but there must be a growing spirit of self. Don't focus too much on conditions, but we need refreshment of mind to make a new strategy. I am optimistic that the altcoin price will grow well, maybe later this year. Do you think so now? Thank you,
Yeah, people do not like and wanna wait, so do I, as well as the vast majority of people have biases that assets mostly gotta grow up but, alas, that is not the truth. Having bought an asset you are staying in suspense of the future growth but actually neither you nor anybody else know when a particular asset will go up. That is why sometimes it is better not to buy anything until you are absolutely sure in a particular choice because you are not an investor taking some risk until you buy any asset. In general, nobody pledges that earning money on market is an easy activity
I was searching for some bounty campaigns that accept newbies like myself. Do you know of any that recently started ( in the last 7 days for example ). It's a mess in the Bounty thread..
HYDAX EXCHANGE ⎈ BOUNTY wherein I am participating in. Many members from this forum complain that bounty campaigns are mostly scam. If really, everything is not so simply. There are fake bounty campaigns as well as there are good ones. I did not used to participate in bounty campaigns. Currently I am looking at them more loyalty but if one wants to ear money it is vitally to pick a really good campaign. What do I actually mean? I mean a potential participant should research market situation to choose a good campaign as well as it is important to understand that nobody pledges anybody to earn good enough so a potential participant need to have free time, wish and courage to begin participating in bounty campaigns.