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Creating a Central Bank of Crypto-currency may no longer sound ridiculous as we are now having a number of countries coming up with some sort of mass application of the technology, the latest is from India, which reportedly ban cryptos, but recent report states that they are considering having a Bank of crypto, Ruppies-backed, Central bank digital currencies CDDC.
Are these really positive news for the crypto-market?
https://cointelegraph.com/news/reserve-bank-of-india-confirms-it-is-looking-into-making-a-central-bank-digital-currency
Are these really positive news for the crypto-market?
https://cointelegraph.com/news/reserve-bank-of-india-confirms-it-is-looking-into-making-a-central-bank-digital-currency
A good nesd for the users around the globe. Since.many people.are using the bitcoin it is good to have banks that will make our transaction faster and convenient it must be build on many countries aince there are many users around world.
I think that people are just not aware of BTC's technology. It is a great platform with perspective future. I strongly hope that soon people will develop BTC more and use it in our real life
Most people now are known bitcoin cause it become more popular in many countries . Hopefully in the future all countries are accepted bitcoin and more people will understand more the true meaning of bitcoin. There's nothing to get afraid of anything. Rather than oanicking follow the procedure of hold and sell, you'd be able earn good amount of money.
Don't be afraid of anything and don't panick and be patients make some research about the risk of investing but now just hold your coins and wait for the right rime to sell it and you get more profit from your investment. I think it will benefit a normal person who invest little in it and get too much, who knows about its risk factor.
I agree in your opinion normal person are get benefit when they join in investing in cryptocurrency and willing to face all risk of investing. They will get more benefit when they invest in long term investment. I'm feeling good to see this green market... Hope I'll take some advantage from this market
Everybody become happy when they see the market become green cause they see the hope that there investment it grows and get more higher profit.Re: Just wondering how much you've earned from cryptocurrenices? -80% for me
you need to know that this number will not happen permanently and do not sell it with a loss, you have to find a new strategy to make a profit, and if you think long term, then don't worry
Don't sell your coins when the price value goes down it may lose your capital you need to research what kind of strategies or techniques to help to gain more profit from your investment, long term investment only patients is needed and your money are guaranteed to get higher profit. Re: Do you have to make big investment before you can make profit in crypto?
I think Well in my opinion you don't need to make big investment In crypto. Or make small capital to make profit. Just join in bounty program or any kind of campaign to make profit.
I agree with you don't need make big or small capital to make investment in cryptocurrency world, cause even you don't have capital you can join in crypto by joining in signature bounty campaign there you can earn lots of profit. By joining in this campaign all you need is knowledge to answer the topic you choose.
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
Some of my friends doesn't believed on cryptocurrency at first. Maybe they don't understand it. So I try to tell it by seeing them some evidences of my transactions. Then when they saw it they become interested to that. Now they are using bitcoin
Because it is a guide to make your way for being a successful entrepreneur.Successful entrepreneur started in learning then after that is applying then success will come.Without proper knowledge how can you survive and understand the world of business.
Yes you are right, if we don't have knowledge what happened to our life it become miserable cause you don't know how face in trials in business woeld. That's why we need to study and learn the Economics cause if you learn about this subject you know how to handle a business and to become successful cause you understand and you can apply it.Re: Why do some people in crypto still wish the downfall of Bitcoin?
One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?
I think they take this advantage of bitcoin , as it continue on falling down on the market. The price is really cheap so many people choose to take this opportunity to buy more bitcoin and hold it. Holders will be happy to get more bitcoin.Re: Differences between the developed countries and developing countires
Lets get discuss about the differences between the developed nation and the developing nation.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
If a country will provide enough opportunity for employment for every individual, I can say that country is a developed country. As the economy of the country developed, better social protection service also being developed.
Don't panic and don't sell anything. Just hoLd. Come back few months later.
Yes don't panic just hold your coins now and wait for there increasing. Panicking it may cause to loose your investment in a seconds. It's better to patients and calm to wait cause one day the value will rise and shine and give us good profit in our investment. What's happening to Bitcoin and any other coins? It's been a week and dumping real hard ever since. Will it ever go up?
of course it is, I think this kind of situation is normal or usually happens in bitcoin maybe just like in the past year this also happens but it always rise by the end of a year so I do believe that bitcoin will rise. Dont panic and stay calm. Never feel doubt on investing bitcoin.My answer to the principle is: NO
Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.
Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.
BUY BITCOIN TODAY AND ALWAYS.
Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.
Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.
BUY BITCOIN TODAY AND ALWAYS.
Confidently it is a NO. Since bitcoin is the first cryptocurrency that has been made, other cryptocurrency will need to work hard just to surpass the legacy that become has made. It will greatly hard for them, since bitcoin is widely known. Many people are trusted to invest with bitcoin.
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:
Now I want to purchase my Pizza using Bitcoin
What do you think brothers?
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:
Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.
- Some users lack the infrastructure required to use bitcoin
Some users lack the knowledge required to use bitcoin
It will not be a good solution for day to day purchase
It takes time to process a transaction that is why it is not practical at all
Not many stores accept bitcoin as a payment either online or offline
Stability in pricing
Strong network infrastructure required for its payment to process
Now I want to purchase my Pizza using Bitcoin
What do you think brothers?
Using bitcoin as mode of payment is depend upon the physical store. However if the physical do not accept you can still convert it to other mode of payments. It would not be difficult to used it in transaction. Online payments is too mainstream in kind of era.
Bitcoin is now at about 6k$...
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
Lucky for you! But I'll do believe that bitcoin price will be grown up again. It's just like before, when the price went down after sometime it goes back again. I can say that this is a good time to buy bitcoin again for you since the price is low. You can invest it again and wait until the price go back.
There are many cryptocurrencies out there, the fluctuation is wide and big. Theres a need of a coin that uses a process to stabilize its value.
No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.
Do you agree???
No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.
Do you agree???
I don't think that any coin can replaced bitcoin, it is the top of all coin for past years. It is the first cryptocurrency to be invented. The value of bitcoin can be down but it would not be loss. It is impossible to beat the bitcoin.
stupidity is so close to poverty, do you agree with such a phrase?
if it yes, means the poor are the fools.
I want to know your opinion.
if it yes, means the poor are the fools.
I want to know your opinion.
Poverty came from varied reasons. It comes from the people itself or in the environment he or she within. Being lazy and stupid can be caused why people are still in poverty. But sometimes the reason why people become poor it is because they don't have an opportunity. Opportunity to access to education, health, etc. which they can used to eliminate the poverty we used to be.
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
I don't think that it would be happened in the future, since fiat's can't be replaced. Bitcoin and other cryptocurrency is used for alternative money as digital currency which is still needed a true fiat. And if it will happened as in the situation you said, maybe I will not used it because it seems that it is unsafe since anyone can see your transaction and account, if it will happened I see that a better security is needed.
Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
Sadly there are many scams everywhere in crypto market. To prevent joining and investing to fake ico and market, I think you should have a background check before joining them. Also look at the reviews and the ratings cause it give us hint about the ico and the project. To be safe enough just join some projects from successful ones.