Search content
Sort by
Showing 20 of 116 results by prudencetoller
I dont know if bitcoin can be useful for a troubled economy.I am just confused because if it is very helpful then why is it some of countries banned bitcoin?Even in my country which is belong to third world country doesnt embrace bitcoin.
I suppose the reason why some governments from third-world countries ban bitcoin is not because of its helpfulness but it's what bitcoin can do to banks and governments. They are afraid and frightened of bitcoin since to them, bitcoin has the potential of replacing traditional currencies and disrupting their economy. My government has started to pay attention to bitcoin and they are likely to ban it but there hasn't been many regulations about this so I'm still lucky to be able to make a living from bitcoin.I think to help the world become good in the economy is to provide capital assistance to the poor to improve their lives, I'm sure if many rich people care about poverty then the benefits will be better.
Yes I totally agree with you since the poor in my country have to suffer a lot. The government here seems to turn a blind eye to the lives of the poor and they don't have any policies to help the poor. Therefore, I hope that the government would do something about it and rich people would care more about this situation and join hands to reduce the gap between the rich and the poor.Economics in my country may still be less good because there are still many people living below the poverty rate and the country also still has considerable debt to other developed countries and again there are still many polemics that have not been resolved by the government to improve the country's economy so that the country I still categorized low economy.
Yeah the same thing is happening in my country too, while the rich keep getting richer, the poor become poorer and they have to literally fight for survival. Corruption is in the atmosphere, international debt keeps growing, prices of everything going up while salaries stay the same. We are having such hard time and it's sad and frustrating.I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar.
I will keep the spirit to collect coins for my future.
although this month, bitcoin prices are worse than December of 2017, but I still believe it.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)
The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last.
Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.
"Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com
I will keep the spirit to collect coins for my future.
although this month, bitcoin prices are worse than December of 2017, but I still believe it.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)
The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last.
Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.
"Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com
I always thought bitcoin would continue to increase, and I was sure bitcoin would reach 20k by the end of the year, I'm sure bitcoin would be able to reach it because bitcoin is the best coin.
So, I say that most of the predictions are not accurate and we can estimate the value only and this estimation is the average estimation. The coin has the potential to achieve any highest possible place and also the present constant increase trend says the same.
Re: Why Big Banks are so Nervous About Bitcoin ? Why ?
maybe they consider bitcoin, If bitcoin or other cryptocurrency is widely applied, the whole banking system can become irrelevant. but it is in accordance with my knowledge contained in the article.
There is no point of denying this fact that all the crypto currencies are the biggest threat to the existing banking systems as with every passing day, more number of the people are withdrawing their money from the banks and that they are investing that money into different crypto currencies as they think of this to be more beneficial which is seriously affecting the reputation of the banking system.I think that its wiser to choose Japanese, coz this country supports new technologies, including cryptocurrency, way stronger than China. But since I dont know your purpose to learn new language, my advice may be wrong for you.
If you are fond of travelling in different countries of the world and that you dont know different languages, then it is better to learn the languages which are mostly spoken in the entire world. Learning of English, Chinese, French and Japanese can help you in much better way as it will then help you in communicating with more people around the globe. Learn the language which attracts you the most.I prefer to invest in real estate compared to Bitcoin because real estate investment is safer and the value of every year goes up. Although Bitcoin is more beneficial but at risk I prefer a safe one.
From my perspective, both kind of investment have its own risks. Bitcoin's prices can fluctuate significantly and sometime can make you regret buying it but after all, if you can patiently wait, its price will surely grow and you can make a fortune out of it. Meanwhile, real estate seems to be the safer investment but it does come with risks. As the demand for buying lands, at least in my country, has the trend of decreasing, the price of land is going down as well. And here there is a high chance of government taking our lands away and returning only a small amount of money compared to their real values.well catching perfect investing time is nearly impossible. however, we can make optimal calculation by using a method that has been already widely used in the traditional investing field such as the stock market.
There is no denial that the price of bitcoin fluctuates dramatically and predicting it can be quite troublesome. But if you have the intention to invest in bitcoin in a long run, I think that it's always the perfect time to buy bitcoin because the price now is pretty high compared to previous years and it will keep going up. So if you can wait, there should be no worries. However, if you want to gain some profit fast, you need to have the knowledge and experience to choose the right moment to buy and this can be tricky. Re: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025
I agree with you. In 2025, people will be rich if they invest their money in bitcoin right now. Bitcoin is a good thing to put our money in. The blockchain is one of the biggest inventions in the 21st century. Therefore, I believe that in 2025, bitcoin will hit at least $100000
Saving is never a wise thing to do. You should invest your money instead of saving. Saving is for people do not have the power to risk their money for a bigger profit. There are many places you can put your money in. The cryptocurrency is just an example. You can invest your money in real estate, opening your own business, etc
Re: Current steady growth will result in $20K by end of August?
It is hard for bitcoin to hit $20000 by the end of August. I think that at the end of this year sounds more reasonable. Bitcoin needs at least a year to recover what it had lost in the beginning of this year. Bitcoin is good but I think it is hard for it to grow in this year
Re: How to manage the risk in investing cryptocurrency?
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
everything in this world must be at risk. how much risk we have to overcome it. In any investment you should invest as much as you can afford to lose. then in investing cryptocurrency is a lot of researching price movements and market circumstances. keep trading then it will become an expert. Experience is the best teacher.I do not know which companies are scared of bitcoin and other cryptocurrencies. The only thing I know that there are many companies working to learn and make their own cryptocurrencies. I think that the cryptocurrency give people new chances and opportunities
The perfect time to buy coins is when it is dump or its price is going down that's the perfect time for you to buy some coins.
I think that the perfect time to buy is when we have enough money to spend for bitcoin and other cryptocurrencies. EVen when the price is high, we can still buy and hold it for a long term. Bitcoin always bring money and profit to investors. That is why people love it so much Tax helps the government to improve the country. Without the tax, there will be no school, road, hospital, etc. That is why good citizens have to pay tax. However, in many countries, the government only use tax for their personal business which can not be accepted. The tax should be used for public facilities. That is why in many countries, people avoid paying tax
Re: Will Crypto currencies make local currencies disappear?
There is a big competition is going on between local currency and cryptocurrecies. If crypto enters in to the market surely it will disappear the local currency. Because the benefits is large when compared to local currency. So people automatically use cryptocurrency only. In future surely bitcoin will rule the crypto market.
Man, I do not see any competition between the cryptocurrencies and fiat. Local money will always exist as each country has many old people that will never understand crypto. Nothing to be afraid of.
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
Bitcoin's Value is volatile due to its decentralized structure that is why an irregular rising and falling of its value is felt frequently. Though its status so irregular, it seems that it's current status is going all the way up which makes it more recognizable now a days.
What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
which should be done in trading is a good market analysis, because it will keep you from big losses,How can we make more money?
to make more money in trade of course with a large capital
Re: Is bitcoin now the strongest currency in the world?
No, dont think that bitcoin is the number one here. Bitcoin is just the one who start the cryptocurrency world and it does not mean that bitcoin is the strongest currency. There are many competitors which are stronger than bitcoin such as ethereum, zcash, Lumens, etc. They have a lot of chance to replace the tradition currency system. They are all good and they have the unique ability to change the world
Government is the first priority for bitcoin.in order to start its business government permission is must needed. Without government permission it cannot be legalised. Bitcoin is an independent company and governments doesn't interfere its work. In many countries bitcoin and government together control the economy of that countries. With help bitcoin government slove unemployment conditions of their countries. In many countries government ban bitcoin like china etc. While others accept it.
That is true. But we can start an anonymous online business without any permission when we use bitcoin as a form of payment. As you know, bitcoin is based on the blockchain which is decentralized and can not be controlled by any individual or organization. Therefore, we can become anonymous on the internet and open our own anonymous business without any problem. There are many goods we can sell on the internet