Topic: Do we still believe in Bitcoin? - page 10. (Read 4109 times)
While bitcoin is not particularly happy of course, I did not think that I would see it again at 3.5k, nothing remains to be like to wait and believe
Bitcoin is the future. This is a cost transfer protocol. He has no analogues. Do not give in to manipulation. Their goal is to pick up your bitcoins!
In fact, Draper boldly predicts that crypto will eventually overtake fiat money to make up two-thirds of the world’s total currency value.
The Silicon Valley venture capitalist said the shift will be inevitable once it becomes easier to spend and invest using cryptocurrencies.
“It’s going to be better for people,” Draper said at World Crypto Con in Las Vegas, as reported by Forbes on Nov. 26. “They’re going to move to crypto, and they’re going to go away from the political currency — they call it fiat. That’s the way it’s going to move.”
https://www.ccn.com/billionaire-tim-draper-unfazed-by-bitcoin-crash-boldly-vows-crypto-will-surpass-fiat-money/
I fully agree, the more he has a limited amount, and this already means something. In fact, Draper boldly predicts that crypto will eventually overtake fiat money to make up two-thirds of the world’s total currency value.
The Silicon Valley venture capitalist said the shift will be inevitable once it becomes easier to spend and invest using cryptocurrencies.
“It’s going to be better for people,” Draper said at World Crypto Con in Las Vegas, as reported by Forbes on Nov. 26. “They’re going to move to crypto, and they’re going to go away from the political currency — they call it fiat. That’s the way it’s going to move.”
https://www.ccn.com/billionaire-tim-draper-unfazed-by-bitcoin-crash-boldly-vows-crypto-will-surpass-fiat-money/
Bitcoin is the future. This is a cost transfer protocol. He has no analogues. Do not give in to manipulation. Their goal is to pick up your bitcoins!
In fact, Draper boldly predicts that crypto will eventually overtake fiat money to make up two-thirds of the world’s total currency value.
The Silicon Valley venture capitalist said the shift will be inevitable once it becomes easier to spend and invest using cryptocurrencies.
“It’s going to be better for people,” Draper said at World Crypto Con in Las Vegas, as reported by Forbes on Nov. 26. “They’re going to move to crypto, and they’re going to go away from the political currency — they call it fiat. That’s the way it’s going to move.”
https://www.ccn.com/billionaire-tim-draper-unfazed-by-bitcoin-crash-boldly-vows-crypto-will-surpass-fiat-money/
In fact, Draper boldly predicts that crypto will eventually overtake fiat money to make up two-thirds of the world’s total currency value.
The Silicon Valley venture capitalist said the shift will be inevitable once it becomes easier to spend and invest using cryptocurrencies.
“It’s going to be better for people,” Draper said at World Crypto Con in Las Vegas, as reported by Forbes on Nov. 26. “They’re going to move to crypto, and they’re going to go away from the political currency — they call it fiat. That’s the way it’s going to move.”
https://www.ccn.com/billionaire-tim-draper-unfazed-by-bitcoin-crash-boldly-vows-crypto-will-surpass-fiat-money/
Bitcoin will not fall forever, we will definitely see growth, the main thing now is not to give in to emotions and not to sell our cue ball on bottoms.
i think bitcoin now is not good to invest. but i believe bitcoin will raise up again, and more strong. we just need to join on time
Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
Absolutely yes, all our success is coming from our effort and patient through engaging of trading and investment of crypto currency specially in bitcoin aside from that we are contributing the little resources of fund to the team then it will circulated back to us. all you've mention regarding the good returns from bitcoin is really tested and trusted Crypto currrency Flatform.
what has changed apart from the price not going up?
absolutely nothing!
bitcoin is still the same decentralized currency that works permissionless and boarderless. it still has the same cap which makes it scarce. it is still working fine and the adoption is ongoing. so why should I change my opinion about something that has not changed?
price isn't all bitcoin is about! price is only a small part of it. and the short term price is irrelevant in the bigger scheme of things.
The mass adoption is currently happening. We should believe to bitcoin because it has power to change our economy. Even the price of the bitcoin is now low, there are still many people who keep patronizing it. absolutely nothing!
bitcoin is still the same decentralized currency that works permissionless and boarderless. it still has the same cap which makes it scarce. it is still working fine and the adoption is ongoing. so why should I change my opinion about something that has not changed?
price isn't all bitcoin is about! price is only a small part of it. and the short term price is irrelevant in the bigger scheme of things.
surely still believe if cryptocurrency, especially bitcoin will stay alive at any time, the decline in prices for quite a long time now is a form of bitcoin travel so that it can be more controlled than the previous one
Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
I have always believed and have faith in BTC, For years now its has been going up, And for me, I already profit from btc for my financial needing every day. Lets still hold btc, I know btc will recover again soon.
Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
I have always believed and have faith in BTC, For years now its has been going up, And for me, I already profit from btc for my financial needing every day. Lets still hold btc, I know btc will recover again soon.
Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
But I do not believe in bitcoin now. Because of Its price in down day by day. So now invest in bitcoin is lose.
Frankly speaking, there is nothing to believe,
its not a man that you can trust, and its not reliable.
Its a investment project, and i like that project.
its not a man that you can trust, and its not reliable.
Its a investment project, and i like that project.
There's no reason to stop believing in Bitcoin and crypto! Price drops are just as normal as prices rising. If we look at Bitcoin in the long run and not just these past few months it's on an upward trend.
The rising and falling of price is always part of crptocurrencies because of its volatility and it is also the reason why we can able to buy coins in a lower price because of a price drop and earn profits because of price uptrend. Bitcoin is still profitable even its price is falling and I believe in its ability to rise after a sharp fall. So now bitcoin might be bleeding because of its continued depreciation, but it doesn't mean it's dying.
To believe and not to believe is a choice.
Everybody have a choice whether to believe or not but in terms of bitcoin let us not forget that this coin was proven exist and proven potential in some cases. Although it is now drastically decreasing it doesn't mean we are approaching to its end. Bitcoin will do more achievements and reach another level of high value once everything happens accordingly to pump Bitcoin.
Everybody have a choice whether to believe or not but in terms of bitcoin let us not forget that this coin was proven exist and proven potential in some cases. Although it is now drastically decreasing it doesn't mean we are approaching to its end. Bitcoin will do more achievements and reach another level of high value once everything happens accordingly to pump Bitcoin.
I am not so sure.. For the folllowing reasons.
Limit: "truly operational use cases are rare," the report points out. Why? Why? First of all, there are "technical" brakes. An example to illustrate this: the Bitcoin network processes a handful of transactions per second, compared to several thousand for a credit card operator. "The historical validation mechanism of the blockchain, with its cryptographic processes, is a source of slowness. "A change of scale therefore seems problematic as it stands. Other technical limits: the electricity consumption of cryptographic operations (huge), the question of the electronic identity of the goods or persons whose transactions are recorded in the blockchain or quite simply that of the "choice of consensus protocol", i.e. the modalities of access to the blockchain.
The second type of limits listed in the report are those related to monetary and financial issues. There are currently 1,500 cryptomones built on blockchains for a total capitalization of more than 300 billion euros, but still no regulations to curb their speculative dimension (as there are typically for financial markets). However, blockchain and cryptomonnages are difficult to separate since the validation operations that secure the network are "remunerated" by issuing digital assets. Hence the idea in the debate of a digital central bank currency that would give cryptomonnaies the necessary institutional, legal and budgetary support. "Cryptomonnaies are also known for their ability to allow fraudulent payments (drugs, weapons, money laundering) or tax evasion," the report points out. These are obvious security issues that go beyond the usual cybersecurity issues (protection against piracy).
There remains the legal and fiscal question. Since the blockchain claims total reliability without the intervention of a trusted third party, the certifications it registers must have a proven probative value. Without "a blockchain-type right of evidence", legal uncertainty may hinder the development of technology. The same lack of regulation on the tax side: "the legal nature of digital assets remains unclear" - which explains why banks refuse to manage the accounts of companies with e-currencies in their assets; "a clear tax policy adapted to cryptomoney is lacking".
Limit: "truly operational use cases are rare," the report points out. Why? Why? First of all, there are "technical" brakes. An example to illustrate this: the Bitcoin network processes a handful of transactions per second, compared to several thousand for a credit card operator. "The historical validation mechanism of the blockchain, with its cryptographic processes, is a source of slowness. "A change of scale therefore seems problematic as it stands. Other technical limits: the electricity consumption of cryptographic operations (huge), the question of the electronic identity of the goods or persons whose transactions are recorded in the blockchain or quite simply that of the "choice of consensus protocol", i.e. the modalities of access to the blockchain.
The second type of limits listed in the report are those related to monetary and financial issues. There are currently 1,500 cryptomones built on blockchains for a total capitalization of more than 300 billion euros, but still no regulations to curb their speculative dimension (as there are typically for financial markets). However, blockchain and cryptomonnages are difficult to separate since the validation operations that secure the network are "remunerated" by issuing digital assets. Hence the idea in the debate of a digital central bank currency that would give cryptomonnaies the necessary institutional, legal and budgetary support. "Cryptomonnaies are also known for their ability to allow fraudulent payments (drugs, weapons, money laundering) or tax evasion," the report points out. These are obvious security issues that go beyond the usual cybersecurity issues (protection against piracy).
There remains the legal and fiscal question. Since the blockchain claims total reliability without the intervention of a trusted third party, the certifications it registers must have a proven probative value. Without "a blockchain-type right of evidence", legal uncertainty may hinder the development of technology. The same lack of regulation on the tax side: "the legal nature of digital assets remains unclear" - which explains why banks refuse to manage the accounts of companies with e-currencies in their assets; "a clear tax policy adapted to cryptomoney is lacking".
Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
you're right. the market is beginning green again, there will no more red, keep waiting and succeed.
At this point I do still believe in bitcoin even the price becomes low I still believe it will increase again. Users get panic and being disappointed with the current situation in the market. However, I still beinf optimistic that in time it can recover.
Of course, we should still believe in bitcoin because what happens today was happened long time ago but still existed today. This is a proof that it is good for investment which don't need to be worried. It is good to think positively to whatever circumstances meet. It is one way to make you successful.
I will always believe in bitcoin, even though these times have me worried because like many people right now we are seeing red numbers in our investment, I think bitcoin will recover, sooner or later the halvening will pass and at that moment I will take advantage to recover my investment, I am only aware that it is the best if I want to recover some of the lost.
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