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Topic: Bitcoin is making admirable progress! - page 8. (Read 1178 times)

full member
Activity: 392
Merit: 100
You do not have to worry about what the central bank is saying because Bitcoin gives us income and not the central bank. Although the central bank holds the authority in the areas of money and currency but if people no longer trust fiat currency then the central bank will have no choice but to accept the currency that most underestimated people. The situation of Bitcoin is now declining Bitcoin prices will rise again, because you also believe Bitcoin prices will go up because Bitcoin is Blockchain technology has advantages of various things such as security and convenience for users to conduct transactions on the go.
member
Activity: 392
Merit: 39
So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground.

I believe in the development of Bitcoin, blockchain and digital money.  But the mentality of the participants in the investment will soon lose control when prices fall.  An understandable.
They lose control when prices fall and when they rise too, both. Generally, the participants of this market lose their shit over almost anything, any news, any opinion, any development. Maybe this is because they are young, on average, when compared to other market participants, like share market or forex.
newbie
Activity: 79
Merit: 0
You should look back on the history of bitcoin development, you will admire it over there
hero member
Activity: 1190
Merit: 534
Yes, Bitcoin is really making good progress in terms of growth and awareness aspects but still, there are some issues on which, we need to work on priority basis. Let's honestly admit that Bitcoin is still not affordable to use it as a payment system when it comes to the microtransactions. In most of the cases, the things of day to day life are available at the price of Bitcoin transaction fees so why would someone use Bitcoin if technically he can get it for free? Alternatively, we must encourage more and more people to use their Bitcoins to buy things and services because that's what Bitcoin is all about at its core. It doesn't make any sense to just hold it instead for speculation.
newbie
Activity: 57
Merit: 0
A great news indeed. Looking forward to the progress of bitcoin in the future. People just need to open their minds to the new form of currency, not just only with the conventional "paper and coin" money.
legendary
Activity: 1232
Merit: 1091
in ten years when the bitcoin will be present in most of the economic processes of the world and its price will be over one million dollars, many will regret not having bought now, thinking that $10,000 was already a very high price.

Be happy that people don't see much value in Bitcoin. If everyone thought it is the future and actually has the potential to disrupt and replace some aspects of the financial system, we would already hover over the $100,000 level, and that without institutional investors. Once institutional capital will flow into this market, prepare yourself for what has to come, because even $100,000 will be nothing more than a joke. I however doubt that we'll be measuring the price in BTC units endlessly -- at some point the default unit nomination will likely be mBTC. It's just not feasible to keep working with 0.16448 units that will end up costing like $16,448. People want to own whole units and mBTC is perfect for that.
newbie
Activity: 112
Merit: 0
yes, first time in history i heard that your portfolio full of red is remarkable. i can't believe it as many people have claimed so all day long.
sr. member
Activity: 726
Merit: 251
With estimates that I estimate as a break-even point for large mining of about $ 8,700 even if we assume a very low electrical cost of $ 0.05 kWh. Therefore, the demand for the equipment to mine the bitcoin will decrease as the asset value decreases instantaneously. Cool
newbie
Activity: 198
Merit: 0
sometime in february this year, a friend of mine wanted to make a mockery of me and the blockchain technology and he called me on phone just to tell me that the so much talked about bitcoin is  going down by the second and will definitely crash. i smiled and told him with confidence that the technology was more than a mere mockery and that the second quarter of the year is the farthest i can say it will ever still kip crashing. it will appreciate, and guess what..it is now a big deal as he called back to know how it works since it started making progress. thanks
newbie
Activity: 97
Merit: 0
Bitcoin makes astonishing advances hence this technology is superior in blockchain technology and is a good investment and has changed on the life of this world. Cool
member
Activity: 156
Merit: 10
If we look back to the previous year, the price of bitcoin is not as high as now, but with the success of bitcoin to be known by more and more people, the bitcoin's price is getting higher and higher. This is a very great new.
newbie
Activity: 210
Merit: 0
for now bitcoin as an invasive investment asset because of the profits that can be and also the demand of more and more from different countries
and if the stable price will be the currency
newbie
Activity: 120
Merit: 0
Bitcoin since this year has been sold by holders of it for the fact that there are government restrictions and ban of it. But as we enter the 2nd half of the year,bitcoin is progressing.
full member
Activity: 602
Merit: 111
Yes bitcoin made such an huge progress kn bery short time span and still growing then soon then crpyto will be a plbig part in our money system.But still lot of media and governments are against it which might slower the growth of bitcoin.
full member
Activity: 378
Merit: 100
Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.


Of course, only recently was ready to bury. but there is already some progress,though small for the full sunrise of this cryptocurrency, but significantly.
member
Activity: 298
Merit: 21
I strongly believe in prosperous future of bitcoin and cryptocurrency in general, it continues to grow stronger every day. Our world is changing, it's normal, and bitcoin is a part of new modern life
newbie
Activity: 238
Merit: 0
Bitcoin is really a huge asset. Bitcoin and eth are the biggest coins of this market.
You know that the other coins are being produced via the btc and eth network.
The two most important values of the Crypto exchange. The price was so high that the market had to renew itself. Prices have dropped but will rise again. They can not stop bitcoin from rising unless there is a great reason. s
sr. member
Activity: 1190
Merit: 253
What we are heading is the future and what we need is the future money. There it is, its Bitcoin! So what we are experiencing right now is just a long adjustment period until such time that Bitcoin is what we need. Change is the most constant word in the world. We must accept that the world is changing as well as the way we are living.
full member
Activity: 784
Merit: 123
Truly it is,  bitcoin prices are keep on moving and I think we might reach into $15k in 3rd quarter.  Hopefully there's no more corrections and banning of crypto in some countries cause it could really affect it's trend. And also the community will realize it's importance in today's generation.
newbie
Activity: 85
Merit: 0
The fear that bitcoin will nosedive and crashed out  of the market is unfounded. With Blockchain Technology at its disposal its scalabilty is assured overtime.
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