Topic: Isn't this the best time for Bitcoin? - page 4. (Read 1357 times)
I also think that it's pretty sure bitcoin would be one of the payment methods soon. Bitcoin adaptation is currently big in cryptocurrency, so i think this is possible for bitcoin in the future. But with this pandemic times, bitcoin is lame in the market, if this pandemic takes long, it is a good opportunity for bitcoin to invest with and earn in the future.
I believe this is the best time for Bitcoin, because the corona virus spread is still ongoing. Bitcoin can be an option for financial transactions,
because using Bitcoin is quite simple and fast. Only requires mobile phones or laptops and an internet connection, we can prevent the spread of
corona virus. No wonder the price of Bitcoin is now rising slowly, the possibility of Bitcoin demand is indeed increasing. Indeed there are other
platforms such as paypal and online banking that are more popular, but now people are more comfortable with transactions using decentralized
currencies like Bitcoin.
because using Bitcoin is quite simple and fast. Only requires mobile phones or laptops and an internet connection, we can prevent the spread of
corona virus. No wonder the price of Bitcoin is now rising slowly, the possibility of Bitcoin demand is indeed increasing. Indeed there are other
platforms such as paypal and online banking that are more popular, but now people are more comfortable with transactions using decentralized
currencies like Bitcoin.
There are so many factors to be considered if this time is the best time for bitcoin, i think we need to look at the price,news,etc,.I believe that the bitcoin adaptation is very fast and in the near future bitcoin will become more useful and by that time the price of bitcoin will maybe rise up high and it will become more expensive.
It's not the best time cause China is launching its governmental digital coin. That's it, guys. BTC will be the same as USD but digital and trackable. So no, it's not the fairytale time now for BTC
Bro, they are still in testing and it is said that it will be part of their preparation for the 2022 Winter Olympics in Beijing. And I don't know where did you get the info or maybe you can link it here that bitcoin will be trackable and the same as USD? Though I agree that it is not that best time to use bitcoin since the value of it is unpredictable so people would save it.
For me, it is also the best time to hold bitcoin, it is not only good as a payment tool for transactions but it is also good for a source of profit. Bitcoin is a reliable store of value just like Gold, the only difference is that bitcoin is a digital currency or asset and Gold is not. As recession is active and we are experiencing it right now, our economy will greatly affect those cryptocurrencies that we are using.
~
bitcoin growth potential is still very large so it is eligible to become an additional asset, and be a complement to traditional assets such as property, gold, shares, etc. especially this year more and more fundamental factors that can support the rising price of bitcoin in the future. But remember, we must do an analysis first, learn the right investments and strategies, do not FOMO, or you will only panic buy or sell that increasingly makes a big risk.~
For me, it is also the best time to hold bitcoin, it is not only good as a payment tool for transactions but it is also good for a source of profit. Bitcoin is a reliable store of value just like Gold, the only difference is that bitcoin is a digital currency or asset and Gold is not. As recession is active and we are experiencing it right now, our economy will greatly affect those cryptocurrencies that we are using.
~
bitcoin growth potential is still very large so it is eligible to become an additional asset, and be a complement to traditional assets such as property, gold, shares, etc. especially this year more and more fundamental factors that can support the rising price of bitcoin in the future. But remember, we must do an analysis first, learn the right investments and strategies, do not FOMO, or you will only panic buy or sell that increasingly makes a big risk. ~
Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
You do know that the bitcoin you're talking about is not the only digital payment method there is right?PayPal has been around since when, 1998? And you still think that bitcoin is going to be adopted and used more than so many other payment methods that are out there?
When the the comes for bitcoin, it's definitely going to get adopted. Stop looking for when everybody in the world will be using bitcoin, just do what you like and stop looking at other people what they are doing and what they are not. If bitcoin is what's working for you and it's accepted fully where you're living, then you can make use of it.
Everyone has the struggles this time and putting themselves into the risk investment will never be their first option to take (maybe later).
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.
We could think that Bitcoin adoption will become stronger as people will most likely go online system but it was a big opposite to look at because of some reasons. It could be in the realization that Bitcoin is not meant for everybody, the risk involves holds them and they never took this as an opportunity.
For me, it is also the best time to hold bitcoin, it is not only good as a payment tool for transactions but it is also good for a source of profit. Bitcoin is a reliable store of value just like Gold, the only difference is that bitcoin is a digital currency or asset and Gold is not. As recession is active and we are experiencing it right now, our economy will greatly affect those cryptocurrencies that we are using.
These struggles are not that easy to surpass or overcome because we have also different priorities just like handling this pandemic.
Bitcoin should be adopted by other people and this is the right time for them to invest on it because if its price goes high then they wasted the opportunity to have a profit.
It's not the best time cause China is launching its governmental digital coin. That's it, guys. BTC will be the same as USD but digital and trackable. So no, it's not the fairytale time now for BTC
Currently bitcoin depends on a network of users who buy and sell, all they shareholders. Bitcoin has been empowered thanks to the fact that every day this network grows in confidence, so the best moment of bitcoin is in a certain way a reflection of each of those shareholders who invest and trust bitcoin, every day.
Bitcoin will grow in opportunities as its investors have the creativity to boost businesses, creating systems or ventures, sometimes challenging the traditional system.
Do not wait for the best moment of bitcoin, do in your day to day that best moment; "pay you in bitcoin!" Yes, and not doing payments with debit/credit, transfer payment.
Bitcoin will grow in opportunities as its investors have the creativity to boost businesses, creating systems or ventures, sometimes challenging the traditional system.
Do not wait for the best moment of bitcoin, do in your day to day that best moment; "pay you in bitcoin!" Yes, and not doing payments with debit/credit, transfer payment.
In my opinion in a situation like now Bitcoin will be more useful, and also the possibility of its popularity will increase. Because Bitcoin can
provide solutions for financial transactions without physical contact, so from a health perspective it's good. Indeed fiat is also now able to carry
out digital transactions, but Bitcoin is not a substitute for fiat. But rather as alternative payment, the more options for financial transactions
the better in my opinion.
provide solutions for financial transactions without physical contact, so from a health perspective it's good. Indeed fiat is also now able to carry
out digital transactions, but Bitcoin is not a substitute for fiat. But rather as alternative payment, the more options for financial transactions
the better in my opinion.
Perhaps, most of the people who use physical fiat cash transaction migrated to their respective digital bank transactions. But for me, it is a good time to spread the word about bitcoin. Not all of the people have opened their bank accounts so we can still convince maybe 3 out of 5 people to try bitcoin out because at this time, it is dangerous to transact with cash physically as it can be a medium for spreading the virus.
Believe me or not, I have my relatives who wash their cash and what I did, is to ask them to use cryptocurrency. Even if they didn't use it, I have proposed a solution for them to think about later.
Believe me or not, I have my relatives who wash their cash and what I did, is to ask them to use cryptocurrency. Even if they didn't use it, I have proposed a solution for them to think about later.
what you say is the reality that has happened, someone has been hit by a corona pandemic because of transactions with banknotes when shopping. He admitted that he had never been out in order to carry out any activities and just stayed at home. but he goes shopping every morning to buy the necessities of the house and conduct transactions with banknotes. He believes that he is infected because of the transaction with banknotes.
I agree with you that the time is right to introduce more people to bitcoin. because transactions are done with bitcoin through online transactions. but there are separate obstacles for countries that cannot yet accept bitoin as a legitimate transaction. like in my country bitcoin is not recognized and can be used for transactions.
in fact, it is now mushrooming in every country about digital money, and this is now used as the most proposed transaction for security from transmission. so bitcoin must be exchanged for fiat and just buy digital money.
Perhaps, most of the people who use physical fiat cash transaction migrated to their respective digital bank transactions. But for me, it is a good time to spread the word about bitcoin. Not all of the people have opened their bank accounts so we can still convince maybe 3 out of 5 people to try bitcoin out because at this time, it is dangerous to transact with cash physically as it can be a medium for spreading the virus.
Believe me or not, I have my relatives who wash their cash and what I did, is to ask them to use cryptocurrency. Even if they didn't use it, I have proposed a solution for them to think about later.
Believe me or not, I have my relatives who wash their cash and what I did, is to ask them to use cryptocurrency. Even if they didn't use it, I have proposed a solution for them to think about later.
Unless your are living where local store accept payment directly in bitcoin, there are limited things you can buy with crypto and this is exactly reason why we are all clamouring for more massive adoption. Take for instance, during the pandemic items such as sanitary material facemask are always required for use and are selling fast. Such materials when you ordered for it online through international shopping site might not get to you easily. However, there are other digital currencies are more widely accepted which can serve same purpose such as PayPal
It is right that people are concerning on digital payment system. In this case Banks have introduced digital banking system, like online banking, mobile banking, internet banking, debit card, credit card etc. through which people can transfer, receive and make payment of money. Bitcoin is also used in such case for specific sectors. In this pandemic situation, demand of these currencies is increasing continuously. The best timefor bitcoin will come when all the countries will permit it and all the people of the world will unanimously receive it.
Why would someone choose bitcoins to make payments if he/she has more cheap and fast methods of paying? There are many platforms which are a being used by many people to make transactions and I think people have not yet adopted btc to pay for the services because other methods like PayPal and credit cards ets are more convenient.
Trying to time the market is a bad idea, and will end up eating at your brain. The easy answer is to do dollar cost averaging, buy every pay day a set amount, and do this for a few years. This way you buy when it is high and you buy 'more' when it is low. This is one of the most common and successful investment strategies I am aware of for BTC.
Bitcoin will dominate as the best asset in this financial crisis as we've seen banks and central authority can freely manipulate value and print money whenever they like even some stock market exchange where prohibited from selling by the government. This is not how free market and free money works, this pandemic and economic crisis will prove Bitcoin is way better in payments and as an asset.
I agree just as the automobile was better than the horse and carriage. But eventually, people will grow tired of the Model T.
Bitcoin will dominate as the best asset in this financial crisis as we've seen banks and central authority can freely manipulate value and print money whenever they like even some stock market exchange where prohibited from selling by the government. This is not how free market and free money works, this pandemic and economic crisis will prove Bitcoin is way better in payments and as an asset.
Sadly, the world is in a state of islolation, probably the first time ever?
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
But my real question is isn't this best time for Bitcoin? Medical researchers have proved that it's dangerous to use cash and ATMs during this period. Sooo what other ways can we look to make our daily transactions easier and safer? BitcoinBTC!! It's as easy as checking something on the internet, no contact with sellers and the spread of the virus can be reduced.
Stay safe, Stay home
Thank you.
You said the first time ever, you're right cause since the inception of bitcoin, this is the first time the world is going on such lockdown and looking at the precautives measures given by the world Health Organization WHO, to help prevent the spread and infection of of COVID19, avoiding paper money to certain extent is part of it but what most cryptocurrency believers don't understand is that bitcoin is not a primary currency to anyone even the enthusiasts as the flexibility it offers is still still a maych to the FIAT because most of our bill payments are still in FIAT and as such, it's makes bitcoin and other cryptocurrency an after thought currency and after though currencies do well when the world is flourishing not when everyone is trying to survive
Jump to: