Important conditions for the progress of bitcoin

ufaiz50

hero member

Activity: 1666

Merit: 502

Quote from: akihikohideaki on January 16, 2019, 11:30:18 PM

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

The old tree will start falling but the new tree will stay upright and get higher, what if someday in the future the country will make its own cryptocurrency? like what Facebook does by making Libra. What you say is difficult to accept, first if the government doesn't get a clear advantage from receiving cryptocurrency, then they will still ignore it, they are now more interested in the blockchain.

Schirer

member

Activity: 560

Merit: 17

For huge rally there is very important condition to be met, and it is that there should be more financial ways made for large cooperate investors to allow them legally invest.

Other condition which could may or not may not help is crash of stock prices.

777Jolami

member

Activity: 700

Merit: 14

Quote from: Cherylstar86 on June 12, 2019, 02:44:01 AM

Quote from: wahyu wida on June 11, 2019, 10:14:45 PM

Quote from: Prettyme on June 10, 2019, 08:35:17 AM

Quote from: akihikohideaki on January 16, 2019, 11:30:18 PM

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017.

we know many who say the market will return to its origin. I'm sure so is Bitcoin, which will return to its peak like 2017. But no one knows when that happened and I think that's where the art is to regulate our psychology

We are witnessing on the current market progression has hiking up gradually that lead people to specualte an accurate outcome in the mere future. Bull trend may not exceed at this time, hopefully befor this year end it will totally show up and break the bouncing barrier.

It is hypothesized because catalysts seem to be abstract and have similarities from the referenced elements. Bitcoin has overcome many battles since it was invented. A long enough time to verify the existence of bitcoin in its awareness and value for those utilities. Who can deny the contribution of bitcoin to that modern and advanced technology. It is unfair to compare the rules and standards for a technology. a limp has lasted. I will stand by bitcoin and apply speculation as a tribute to this great technology.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: bitgolden on June 17, 2019, 01:57:00 AM

Quote from: Choyor on June 12, 2019, 10:00:56 PM

We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger.

It is best we just embrace this system that satoshi has created for us without having to wait for any government’s regulation, because if you are looking for government to legalize Bitcoin or regulate Bitcoin for us to get adoption, my dear, nothing of such will ever happen and we have to wake up from our sleep.

First thing we need to ask is why should government legalize a technology that you and I know that they have absolute no control over it or would be able to know any detailed transaction of its user? Without government, Bitcoin will still get its adoption, just that it will take time, which we also have to put at the back of our mind so that it can help us to be patient.

Right.Bitcoin is decentralized so it has no control from the government or any group of people.But i think it would be more smooth sailing if the government would try to look upon bitcoin and definitely adopt it.In this way,big merchants will have more courage to accept bitcoin as a payment system and later,it will be followed by small merchants.Adoption will move faster if the government shows its support to bitcoin.

syamster

hero member

Activity: 1078

Merit: 501

Quote from: indrakusumaindra on June 19, 2019, 12:17:51 PM

Quote from: akihikohideaki on January 16, 2019, 11:30:18 PM

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

Yes i think cyber attack is the main major problem in crypto space. Even exchanges that are really secure and believed to be the number one exchange could be hacked ( binance). My point is, people are afraid that they lose money instead of earn money from crypto cause there is still a chance for hacker to hack their money. I believe what we need is a secure custody and we do need a third party that could guarante the safety of our assets. 2017 is indeed different cause many people are trapped by FOMO and buy the bitcoin and also many people are investing in ICO that seems to be a pure diamond that guarante you a easy profit. In 2019 we rarely see any ico that are success and many coin are die and i think its good cause we will start to see coins that have a good project and they will success and i believe in 2019 we will see less speculations and fomo in investing.

Not every wallet is hack able and not every project is fake, there is so much to earn, I am agree with you that when an investor invest his money so he want security and he wants to remain safe from hackers and scammers but I am sure if we will use blockchain it will be safe as till now I have not heard any complain about its hacking, so for the progress of our money and bitcoin we need to trust it and invest in it.

indrakusumaindra

full member

Activity: 728

Merit: 101

The Standard Protocol - Solving Inflation

Quote from: akihikohideaki on January 16, 2019, 11:30:18 PM

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

Yes i think cyber attack is the main major problem in crypto space. Even exchanges that are really secure and believed to be the number one exchange could be hacked ( binance). My point is, people are afraid that they lose money instead of earn money from crypto cause there is still a chance for hacker to hack their money. I believe what we need is a secure custody and we do need a third party that could guarante the safety of our assets. 2017 is indeed different cause many people are trapped by FOMO and buy the bitcoin and also many people are investing in ICO that seems to be a pure diamond that guarante you a easy profit. In 2019 we rarely see any ico that are success and many coin are die and i think its good cause we will start to see coins that have a good project and they will success and i believe in 2019 we will see less speculations and fomo in investing.

bitgolden

legendary

Activity: 2926

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

Quote from: Choyor on June 12, 2019, 10:00:56 PM

We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger.

It is best we just embrace this system that satoshi has created for us without having to wait for any government’s regulation, because if you are looking for government to legalize Bitcoin or regulate Bitcoin for us to get adoption, my dear, nothing of such will ever happen and we have to wake up from our sleep.

First thing we need to ask is why should government legalize a technology that you and I know that they have absolute no control over it or would be able to know any detailed transaction of its user? Without government, Bitcoin will still get its adoption, just that it will take time, which we also have to put at the back of our mind so that it can help us to be patient.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: wahyu wida on June 11, 2019, 10:14:45 PM

Quote from: Prettyme on June 10, 2019, 08:35:17 AM

Quote from: akihikohideaki on January 16, 2019, 11:30:18 PM

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017.

we know many who say the market will return to its origin. I'm sure so is Bitcoin, which will return to its peak like 2017. But no one knows when that happened and I think that's where the art is to regulate our psychology

Saying we will return to its peak of 2017 is an understatement, we will surpass the peak of 2017, and the gap will really flaw that of 2017. There has been lots of progress in the cryptocurrency community since the last ATH, although there was bear market, but it did not stop most of the projects who are now tending towards blockchain technology to develop their projects which will be released this year or next year.

Some technical projects that are pending for release such as Facebook coin, telegram TON and many other projects are what will get us to have a better record in this Bitcoin than the previous one, which I believe will be 2020.

arifteguhr

sr. member

Activity: 1246

Merit: 252

Quote from: imstillthebest on June 12, 2019, 10:09:13 PM

Quote from: Choyor on June 12, 2019, 10:00:56 PM

We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger.

Government plays a major role because they are the ones that allow or reject the use of cryptos . once they allow bitcoin , there still no assurance that all the people on that country will use bitcoin . in short , people will still not be attracted to bitcoin . what only attracts them if they will see that bitcoin is improving ( improving in price or improving in service ) .

yes indeed the role of the government is very important for the development of crypto in the future. because the government was able to support and approve the crypto in circulation. but we certainly are not easy to overcome the government to approve crypto circulation in each country.

sana54210

legendary

Activity: 3276

Merit: 1128

Quote from: freedomgo on June 09, 2019, 10:39:18 PM

Quote from: Adriano2010 on June 09, 2019, 09:02:32 AM

For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto.

We have to be optimistic on the future of crypto, most of us here are investing in bitcoin because it's cheaper now compared to the price we envision it will reach in the future. Mass adoption could happen, but it's more likely to be realize if crypto will be regulated, otherwise people won't hesitate using it.

You are very much right about this, many of us really believe in the future of Bitcoin, and when we talk of future, I am not talking about 2 or 3 years, I am talking of what the development of Bitcoin will look like in 10 year’s time, that is why when you see me invest, I am not investing because I need to gather profit now, I am investing because I need to be a part of people that will be happy they ever made the move to have investment in Bitcoin come 10 years’ time.

If I need any money now, I know how to trade and this is what everyone should learn so that we can use our long term investment now to secure a better future in Bitcoin.

Kimonoe

member

Activity: 700

Merit: 10

Quote from: imstillthebest on June 12, 2019, 10:09:13 PM

Quote from: Choyor on June 12, 2019, 10:00:56 PM

We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger.

Government plays a major role because they are the ones that allow or reject the use of cryptos . once they allow bitcoin , there still no assurance that all the people on that country will use bitcoin . in short , people will still not be attracted to bitcoin . what only attracts them if they will see that bitcoin is improving ( improving in price or improving in service ) .

but with the government legalizing it, of course the development of bitcoin in the country will increase. this will have a positive influence on bitcoiners in the country. this happens because there is legal protection from the state

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: Choyor on June 12, 2019, 10:00:56 PM

We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger.

Government plays a major role because they are the ones that allow or reject the use of cryptos . once they allow bitcoin , there still no assurance that all the people on that country will use bitcoin . in short , people will still not be attracted to bitcoin . what only attracts them if they will see that bitcoin is improving ( improving in price or improving in service ) .

Choyor

full member

Activity: 672

Merit: 105

We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger.

bettercrypto

sr. member

Activity: 1372

Merit: 269

★Bitvest.io★ Play Plinko or Invest!

Quote from: akihikohideaki on January 16, 2019, 11:30:18 PM

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

"History repeat itself"

That is the ideology of historian. Same things happen again in different time and aspects. Maybe, it will not be literally happen again but it can reach the same event as 2017 bull market had. Let us just be optimistic when it comes in bitcoin price since today, it is no longer returning from 7k price below.

Ayiranorea

sr. member

Activity: 1246

Merit: 255

Leading Crypto Sports Betting & Casino Platform

Quote from: congresowoman on June 12, 2019, 06:17:53 PM

But first, I think what investors are really looking for in a cryptocurrency is its stability, having a less volatile value as possible. Because you really canot afford to lose much money especially during massive swings and reversals-- it is just very risky. Stability and Security is what it would take for bitcoin to attract more people.

Maybe there is a very small percentage of investors with such a mentality. From my understanding these investors were the one who make the market highly volatile for large scale profiting. Volatility is the major attraction of the cryptocurrency network, maybe there is chances of loss but investors weren't that careless to invest and leave as it is without keeping track of the market moves.

congresowoman

full member

Activity: 448

Merit: 103

But first, I think what investors are really looking for in a cryptocurrency is its stability, having a less volatile value as possible. Because you really canot afford to lose much money especially during massive swings and reversals-- it is just very risky. Stability and Security is what it would take for bitcoin to attract more people.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Best Dreams on June 12, 2019, 02:29:54 PM

Quote from: jonaire99 on June 11, 2019, 04:12:44 AM

The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs.

In 2017 price was very good and at that time so many new countries have adopted bitcoin, I am sure in 2019 there will be huge increase in price, we should try to make it safer by holding, selling now is not good for the future progress of bitcoin, now a day we only want more and more investors to keep the market price higher.

Of course we only want what's best for bitcoin and if its price will reach another time highs,eventually we will also make a huge benefit from it.Hopefully,more merchants will open their hearts for bitcoin because once the government sees the potentials of bitcoin,then big merchants will start accepting bitcoin not just as an investment but as a real currency already.

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: jonaire99 on June 11, 2019, 04:12:44 AM

The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs.

In 2017 price was very good and at that time so many new countries have adopted bitcoin, I am sure in 2019 there will be huge increase in price, we should try to make it safer by holding, selling now is not good for the future progress of bitcoin, now a day we only want more and more investors to keep the market price higher.

ricardobs

hero member

Activity: 1204

Merit: 505

Funny thing is that a lot of people are pretending that they want the price of bitcoin to become stable, but these same people are the ones that will still come to ask you when the price of bitcoin will be going up cause they have HODL for a long time and feel they deserve to make enough profit. People are really confused and don't know what they want. They better admit it that what they want is for the price to be volatile, though out of greediness they only want the price to be going up only and nothing else.

Moiyah

member

Activity: 630

Merit: 20

Many are speculating that 2017 history seems to repeat itself this year. The graph is almost the same as those of 2017 graph. But who knows? There are many possibilities to happen now. There are many progressive happenings about bitcoin. As you can see, many establishments and merchants are showing their support by accepting btc as a payments. That's a one step forward for adoption. And the development of price is also increasing. Showing support with bitcoin by using it and patronizing it is the least we can do.

Topic: Important conditions for the progress of bitcoin (Read 1299 times)