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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
In the development of bitcoin in every countries world wide i think it can not disrupt to the economic stability of a country in accessing cryptocurrency because in the first place bitcoin is made only to decentralized currency which is to eliminate third party involvement between the government and the state.Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Bitcoin has many key features that we can possibly use to becomes profitable but it commonly use only for developed countries where they can easily implemented.
Cryptocurrency is still evolving so it is a long-term goal of investment because there are lot room for growth in crypto so it will takes some years before it will fully develop. we have a strong community and lot of supporters so I believe crypto will make a big impact in the near future.
What i am doing for now is to continue to buy crypto while in cheaper price because once the market recovers crypto becomes moe expensive again.Re: why do governments don't make BTC illegal worldwide ?
Each government has its own policies with which it runs a country and these policies differ from each other depending on the country's economic status and the needs of the country. All the governments cannot stay negative about Bitcoin although it is decentralized. Some governments of some countries like Indonesia and South Korea are positive about Bitcoin and practically use Bitcoin to harness the country's economy.
Yes i agree and not all governments in different countries have the same perspective about bitcoin because while others did not trust in crypto there are still some who really trust and believe that bitcoin can help improve their country .
Re: what is the main reason for india to ban cryptocurrency
i dont know why india is not legalizing the cryptocurrency ?
May be the Indian government did not trust bitcoin and other altcoins and they think that they need to protect their people from any investment that possibly may risk the money of their people.
Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
Yes, if your planning to invest in cryptocurrency we must be careful in choosing the right ICOs project or a cryptocurrency to invest because nowadays there are so many people that making scam project to get our money.
I have been doing bounties for some time and I have encountered some bounty effort that are not paid for.
1. Hashcard - scam exit
2. Blackfolio - did not reach softcap
3. BCharity - did not reach softcap
4. Safein - project is cancelled
5. Impressio - scam exit
6. Root blockchain - didn't get enough private investors
I learned a lesson here. I have to be more selective in the future in choosing bounties, as much as choosing an ICO to invest.
Do you have any similar experience? Please share so that others may learn.
1. Hashcard - scam exit
2. Blackfolio - did not reach softcap
3. BCharity - did not reach softcap
4. Safein - project is cancelled
5. Impressio - scam exit
6. Root blockchain - didn't get enough private investors
I learned a lesson here. I have to be more selective in the future in choosing bounties, as much as choosing an ICO to invest.
Do you have any similar experience? Please share so that others may learn.
Yes, Scamming is ramphant nowadays and its really hard to choose a good ICOs project that pay the amount being promise during the bounty campaign period.
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
As a beginner we should be careful in choosing a good cryptocurrency to invest because not all crypto are profitable.
I read so many threads about warnings on bitcoin possibility that it will end. Well i do not believe on them instead i buy more bitcoins and other establish crypto since this the good time to get huge profit in the near future. Well if it will end then i have no worries because this is investment and part of it is the risk. All investments are having risk and if you take the risk it will end either earning good profit or a loss of money.
Yes i must agree that bitcoin already die so many times but was still able to survive and until now bitcoin is still very known and leading in crypto market.
do you think positive and negative issues about cryptocurency on the internet will affect the rise and fall of the price of cryptocurency. therefore I have an opinion, what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ?
and how do you think about it ?, I want to see opinions from your side of perspective
Thank you for your concern
and how do you think about it ?, I want to see opinions from your side of perspective
Thank you for your concern
Yes internet connection plays an important role in cryptocurrency market because we can not perform any transactions without internet and it can create also panic selling once encounter problems on the network.
I think the reason why bitcoin us still dropping its because cryptocurrency market is still very weak due to continuous panic selling of some people who afraid that their crypto invested becomes zero in value in coming days.
In my opinion its really hard to predict the future of bitcoin if when it will rise and become stable again because until now crypto market is still dropping and no signs of recovery. May be it will rise again once the population of bitcoin investors increases by 50%.
People are still buying bitcoin because they believe in further price growth. And Bitcoin has made many millionaires and billionaires only by trusting and investing on this technology. So I think that it's okay that people still buying bitcoins and doesn't matter what reason.
Yes many people are still even the cryptocurrency is too weak because they believe that bitcoin will still be able to survive to make them profitable again.
May be its time to move on to other crypto but I think we dont need to ignore btc if we move on, we need to stay our investment so once the market increases we can recover our previous loss.
Doug Polk has created a really funny video about bitcoin and why crashing isn't so bad. Have you guys seen this, what do you think about the videos?
Doug's video: https://www.youtube.com/watch?v=KnuuZV_JlPs
Think on the bright side guys, as bitcoin drops the less hackers will make if they hack our account
May be if you are a new investor and planning to invest in bitcoin this is a good time for you to invest because the markeg is too cheap but if you already invested on it and suddenly falls down this is very bad because this causing to big loss of investment.Doug's video: https://www.youtube.com/watch?v=KnuuZV_JlPs
Think on the bright side guys, as bitcoin drops the less hackers will make if they hack our account
In the bank investing money is safe but interest is only small. In bitcoins there is a lot of risk but if you invest in it you can easily earn 10% daily or 20% daily. But because of the volatile price you must be careful and risky. But if you will walk through each wave is easy to just earn it.
Yes agree bank investment is safer than bitcoin investment because mostly the fluctustion of market price is just minimal unlike bitcoin that it can easily fluctuate even in a very huge value.
Now a days bitcoin price is dumping continuously.Based on recent bitcoin market price data how much bitcoin price growth we can expect in mid 2019??
My expected price in mid 2019 1 BTC=30000 USD
What's your opinion??
My expected price in mid 2019 1 BTC=30000 USD
What's your opinion??
I think it's really hard to predict if what will be the market value of bitcoin next year considering that the current market price is now @ more than $5000.
It has already begun in June whether it will usher in a bigger bull market. This year, Goldman Sachs and Nasdaq will all have bitcoin futures, and the currency circle is about to usher in greater capital baptism. This is undoubtedly true. However, Wall Street has always been known for its short-selling operations. In order to obtain more chips, it is to directly buy longs or buy short-selling chips at short-term prices. I think it is better to short the first. From January to April in 2018, it has been in a bearish state. It may be that some months have already been secretly entered behind the scenes. It seems that there is still a wave of bull markets worth looking forward to. How do you think about it?
Actually bull market already exprience by so many people invested in cryptocurrency and this make some people afraid to invest in crypto market because this may cause of a big losses once they invest and dramatically fall down.
Kindly enumerate all the target market of Bitcoin.
Many people now loves doing bitcoin because of the advantages of doing so but the fact is many of them are still not aware of what does the Bitcoin do and how does it work. And the list of knowledge about Bitcoin is too small.
Thats why I am asking now, who must be the Target Market of Bitcoin?
Thank you.
Many people now loves doing bitcoin because of the advantages of doing so but the fact is many of them are still not aware of what does the Bitcoin do and how does it work. And the list of knowledge about Bitcoin is too small.
Thats why I am asking now, who must be the Target Market of Bitcoin?
Thank you.
Based on my observation the target market if bitcoin are those risk taker people that want earn big profit return in just short span of time and those want to earn big money in a small investment capital.