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Crypto way of the future

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I'm new to.  Bitcoin and other crypto currencies. And.      Faucets.   But. I.  Really like. It.   Most apps are.  East to use and. Do most of the work for you.  Anyone looking to. Start. Using.     Bitcoin. I. Strongly advise.  It.    If. You.    Have extra cash you can invest. Even better.      Just make sure you do some research. In trading and buying     crypto currencies

 

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Crypto is in fact the future of payment. Once the government and big companies start implementing their own cryptocurrencies, the values will only go up. It's also a good way to learn about trading since there are so many apps that allow you to buy and sell crypto by yourself. You just got to be careful and not put all your eggs in one basket.

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I think the future of crypto currency is very bright as the number of crypto utilities is increasing and new members are constantly adding.So it can be said that crypto future  is very bright. 

Edited by sazzad925379
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Bitcoin and all Cryptocurrency future is Very bright.You can earn more money from Cryptocurrency.You can start investing and trading with crypto to earn more money

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Fundamentally BITCOIN is Bullish

Fundamentally looking, Bitcoin is bullish.

The reason is the current situation between the US and Iran.

When there is a conflict between two world-leading countries, assets that are considered as a store of value usually gain in value...

Bitcoin news

Someone told me that what happened in Iran influenced Bitcoin to go up as much as it has in the past few days.... can anyone elaborate a little on what that means?

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What needs to happen for bitcoin to go mainstream


I’ve read this sub on and off for years, and I have noticed that posts here generally fall into a few main categories: 

1. Banks and government are bad
2. Technical discussion
3. Memes
4. Bitcoin price charts

These are all great, but I haven’t seen much discussion from a slightly different point of view, on the question of what needs to happen for bitcoin to really make it mainstream. That’s what we all want, right? Mass adoption?

I am very pro-bitcoin, and I have been for years. I have some opinions that may differ from the general consensus of this community, but in the end I just want to see bitcoin succeed. And the way bitcoin is being talked about, here and in the real world, raises some concern in me. I am not a computer programmer - so no, I don’t understand every single detail about how bitcoin works and what is currently under development, but I understand enough. Here are some things I think need to happen for bitcoin to reach global adoption.

1. People cannot be responsible for securing their own money

There are people who understand how to obtain and use bitcoin, and then there are people who understand how to obtain, use, and adequately secure bitcoin. At this time, the only appropriate way to hold bitcoin of any significant value is in cold storage, and this you must learn and do yourself. We scoff at people who leave large amounts of bitcoin in online wallets or exchanges, yet this is how all other money is treated, at least in first world countries. 

In the U.S. you can adequately secure up to $250k per bank account by doing nothing more than literally just depositing the money. If bitcoin is to make it mainstream, the burden of security cannot be placed on the individual. In a future where bitcoin is the default currency, people are not going to know or care what cold storage is. It is going to be handled for them by an institution, such as a bank…

2. Banks need not to be the enemy

I get it. Most of the largest banks in the world are corrupt, criminal, and power hungry. But we still need them, and we always will. Bitcoin cannot replace banks. It can replace some of the services banks provide us, but it cannot replace banks in general. Banks are not an evil idea created by evil people. Outside of storing our money and processing transactions, they provide things like insurance, loans, and access to financial instruments such as stocks or bonds, just to name a few. Bitcoin is not going to magically do away with all of these things. I cringe every time I see a post titled “This is why banks will fail!” or “The people will choose bitcoin over banks!” with a screenshot of a $4.95 account maintenance fee.

I believe bitcoin can and will provide the efficiencies and competition that will lead us away from these miscellaneous fees and long wait times for settlement, similar to how the Internet changed the way we trade stocks. At the end of the day, banks don’t charge fees because they have to. They charge fees because they can. They make most of their money by collecting interest on deposits. Bitcoin won’t change that. Money will still need to be loaned, and it will still come at a cost. Lenders will make money.

I think the most likely and most optimistic path forward is with banks actually embracing bitcoin, but in a behind-the-scenes kind of way. Most people will still want to have their money in a bank (secured by a third-party), and with bitcoin working in the background, we can all win. Of course, there will still be people who don’t want to use banks, and maybe that’s most of the people here. That is fine. Both things can exist. Some people prefer Ubuntu, but most are fine with Windows.

3. We need governments to support bitcoin (or at the very least leave it alone)

Can we pump the brakes just a little on the global money revolution? If and when bitcoin or another cryptocurrency really threatens some major world powers, it will be legislated out of existence. Ok, I guess technically crypto can’t be destroyed, but let’s not forget that governments do have the power to keep their people away from whatever they deem “illegal”.

The flexibility of fiat money gives governments some levers to control their economies, and they are not just going to hand over that power. We need to play nice with governments. It may be for the best that bitcoin adoption grows slowly, giving legislators time to understand how it can benefit their country more than just decentralize power.

4. Cryptocurrency needs a new reputation

Unfortunately, 2017 left a bad taste in a lot of mouths. “Crypto” has become synonymous with “scam” or “wild speculation”, and people associate bitcoin with crypto. Even amongst young people, the idea of cryptocurrency is just not that popular anymore. And I don’t think people are going to warm up to the idea until bitcoin is truly ready for mainstream. For mass adoption we need a catalyst, a tipping point, but I don’t think the technology is ready for that yet.

First, we need a network that can scale. Then we need legacy companies to step up and help us use it. Then we need governments to stay out of our way. 

I know what you are thinking. The whole point of bitcoin is that it is trustless and without intermediaries. But in reality, no currency (or store of value, or transactional system) will reach worldwide adoption by itself. Bitcoin can remain decentralized, while third-parties stay involved in the process (yes, even banks). I just can’t see a future where bitcoin is the one and only piece of the monetary puzzle. I see bitcoin as more of a foundation upon which the financial world will eventually reorganize itself, using more or less the same pieces. Hopefully, with less corruption and disparity this time, and more prosperity for everyone.

What do you think needs to happen for bitcoin to go mainstream? How far away do you think we are?

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Told a family relative that I just bought some bitcoin today...

He said: "Isn't it like several thousands of dollars to buy just one?"

I said: "Well, I didn't buy a whole bitcoin today, I just bought a fraction"

He said: "Really? You can do that?"

​

This is really frustrating... Whenever you talk to a no-coiner, before you say anything about limited supply, blockchain, mining - start by saying "The term 1 Bitcoin represents 100 million Satoshis, which is a really large number of Satoshis. You can buy a small amount of 100k satoshis for less than $8, if you just want to learn how to use bitcoin".

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Buying Bitcoin with PaySafeCard?

Is it possible to buy bitcoin with paysafecard? If yes, where and how exactly do i do that? Please note, i have never interacted with bitcoin and im completely new to this.

Thanks!

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Crypto is digital currency which is made through blockchain technology. It's a decentralized system. No one can hack or track transaction. It's transaction speed is faster than others. We don't need extra space for it to store. It can change our future lifestyle.

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Does buying still make sence?

I mean look how it started and where it is.
But is it even a possibility that it can like peak to 100 k or so?
Can someone expect to make good profit by investing lets say 100 euro and leaving it in a corner,  or will it end in a forgotten currency when all the new and more secure things shadow.

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Now a days crypto introduced by digital currency. Many county making legal cryptocurrency. They want to regulate cryptocurrency on their country. Because we all know that crypto will lead the whole world in future. It connect people to a network.

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On 12/22/2019 at 2:48 AM, Bnunyae said:

I'm new to.  Bitcoin and other crypto currencies. And.      Faucets.   But. I.  Really like. It.   Most apps are.  East to use and. Do most of the work for you.  Anyone looking to. Start. Using.     Bitcoin. I. Strongly advise.  It.    If. You.    Have extra cash you can invest. Even better.      Just make sure you do some research. In trading and buying     crypto currencies

 

Yes you are right about to invest in crypto currency in this way your money will be safe and you can earn good profit by investing or holding your money i suggest you to buy some coins from youbit then wait for when the price goes up then sell them in this way you can easily make good profit.

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On 1/7/2020 at 8:48 AM, salman28 said:

Crypto is quite a useful forum.It made earning money quite easy.Many people are knowing about it and are earning money from it.If people become passionate about it then crypto is going to be the future form of earning money.  

Yup..! we can say crypto is way of bright future you can earn if you give one or two hours daily. It not only about future but also you can get knowledge day by day. And crypto is going to be popular so yes it can be bright future.

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Crypto can be future of mankind. Every one on the earth will be satisfied with crypto . The crypto will prove to be very successful in its mission of doing great jobs and getting people work and satisfied.  Bicoin will gain a much profit and will prove to be very essential jn economy of the respective countries. Bitcoin must be spread throughout the world so that every one can know it and participate in it to gain profit and earn money. More the people more will be profit and more motivation making more money provving it to be best way.

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Cryptocurrency is a website. There are a huge number of people use it or work their. So it has a bright future. And people who like to work in cryptotalk have a bright future.                    

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The future of crypto is much better.  Because the number of crypto users is increasing day by day.  And the demand for crypto in the world market is increasing day by day.  Its demand will increase further in the future

The future of crypto is much better.  Because the number of crypto users is increasing day by day.  And the demand for crypto in the world market is increasing day by day.  Its demand will increase further in the future

The future of crypto is much better.  Because the number of crypto users is increasing day by day.  And the demand for crypto in the world market is increasing day by day.  Its demand will increase further in the future

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Hey buddy what's up. Actually  I have a bit knowledge about these currencies  but for investing  money you should be aware of market trend and growth of the currency. If you are investing  then must know about the currency value first then invest.

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hello friend. I'm also beginner but sharing my experience, online currencies are going to be on growth in coming years. in the Early stages no one understand these currency situations but it can be experience by investing and risks. 

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I see very bright future of virtualized versions of real currencies like Usdt.However, I think that many altcoins will end up losing value in the future, because at some point, many are trying to defraud people. 

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Well I have come here but I believe that the future of crypto is very good. But you have to be careful to use it. But before using it, you should know about it, without knowing it can harm you. 

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22 hours ago, Nuao1234 said:

I think that crypto will be more advanced in the future. And its propaganda will increase and its use will increase. I think that crypto will go a long way in the future.

I agree with your opinion, I think crypto will be more advanced in the future

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Year-on-year, the CPI decreased from 2.3% to 2.0%, reaching the Bank of England's (BoE) target for the first time since October 2021. The core index (Core CPI), which excludes volatile components such as food and energy prices, also showed a significant decrease from 3.9% to 3.5% year-on-year.   According to the report from the Office for National Statistics (ONS), presenting the final data on 28 June for Q1 2024, the UK economy grew by 0.7%, higher than the previous value and forecast of 0.6%. Year-on-year, real growth was 0.3%, exceeding the previous value and expectation of 0.2%. This was the best dynamic since Q4 2021.   If the UK parliamentary elections on 04 July and the inflation report on 17 July do not bring significant surprises, the markets predict that the BoE will start lowering rates at its nearest meeting on 01 August. 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Trend indicators are in favour of the dollar at 65% to 35% red to green. Oscillators are 100% pointing south, with 20% signalling the pair is oversold. In case of further decline, the pair's levels and support zones are 1.2610-1.2620, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of the pair's growth, it will meet resistance at levels 1.2675, 1.2700, 1.2740-1.2760, 1.2800-1.2820, 1.2860-1.2895, 1.2965-1.2995, 1.3040, and 1.3130-1.3140.   As for the events of the upcoming week, all investor attention is focused on the elections on 04 July. The next important event, as mentioned, will be the publication of the fresh inflation report in the United Kingdom on 17 July.   USD/JPY: Another Peak Conquered   Last week, 75% of analysts expecting new currency interventions voted for the USD/JPY pair's retreat south, while the remaining 25% pointed north. The minority, as is often the case with the Japanese currency, turned out to be right: no interventions occurred, and the pair reached another peak – 161.28.   Frankly, there's nothing to comment on here – everything has been discussed dozens and hundreds of times. The problem of the yen's weakening lies in the ultra-loose monetary policy of the Bank of Japan (BoJ). And as long as it does not decisively turn towards tightening, the national currency will continue to lose its positions. Of course, for a while, the Ministry of Finance and the Central Bank can support its exchange rate with currency interventions. But spending billions and billions on something that disappears like ripples on water after a few days – is there any point in that? Can this be called monetary policy?   If inflation falls in major competing countries, in Japan, it rises. According to data published on Friday, 28 June, the Consumer Price Index (CPI) in Tokyo for the year ending in June rose to 2.3% compared to 2.2% for the previous period. The core CPI inflation (excluding volatile food prices) also increased to 2.1% year-on-year, which is higher than both the forecast of 2.0% and the previous value of 1.9%. Another core CPI index for Tokyo (excluding food and energy prices) decreased in June to 1.8% year-on-year compared to the previous value of 2.2%.   Of course, these are not jumps that warrant sounding a loud alarm – all indicators are "hovering" around the target 2.0%. This allows Japanese officials to pause, without changing the vector of their monetary policy, and to limit themselves to verbal "interventions". Thus, Japan's Finance Minister Shunichi Suzuki once again stated that he is "deeply concerned about excessive and unilateral movements in the Forex market" and expressed hope that "trust in the Japanese currency is maintained". Suzuki's colleague, Cabinet Secretary Yoshimasa Hayashi, delivered almost the same speech word for word. However, he added that the authorities "will take appropriate measures regarding excessive currency movements", hinting at another currency intervention.   This hint from Yoshimasa Hayashi scared 60% of experts who voted for the pair's southward movement and yen strengthening, 20% pointed north, and 20% took a neutral position. The opinion of the indicators is unambiguous, as they have never heard of interventions. Therefore, all 100% of trend indicators and oscillators on D1 are green, although a quarter of the latter are in the overbought zone. The nearest support level is around 160.25, followed by 159.20, 158.65, 157.60-157.80, 156.60, 155.45-155.70, 154.50-154.70, 153.60, 153.00, 151.90-152.15, 150.80-151.00. The nearest resistance is in the 160.85 zone, followed by 161.30 and 162.50.   In the upcoming week, the calendar highlights Monday, 01 July. On this day, the Tankan Large Manufacturers Index will be published. No other important macro statistics regarding the state of the Japanese economy are planned for the coming days.   CRYPTOCURRENCIES: Causes and Consequences of "Black Monday" on 24 June     Monday, 24 June, presented investors with a very unpleasant surprise – on this day, bitcoin's price fell below $60,000 for the first time since 03 May, reaching $58,468 at one point. Ethereum, in turn, fell below $3,250. Analysts highlight several reasons for the active sell-offs, noting that they reflect overall instability in global financial markets and uncertainty about monetary and regulatory policies in several leading countries, especially China and the US. However, there are also more specific factors that contributed to the development of the bearish trend.   In mid-June, the German government began selling off a huge amount of bitcoins (about 50,000 BTC) confiscated in January. Panic sentiment sharply intensified after the announcement on 24 June that creditor payments for the bankrupt crypto exchange Mt.Gox would begin in early July. The total amount of funds to be distributed among former clients is 162,100 BTC, roughly $10 billion. Bitcoin responded to this news with an 8% drop. It’s no surprise – such a volume of coins flooding the free market can seriously knock down prices. In the derivatives market, long positions worth $177 million were forcibly liquidated, and the total financing rate for futures contracts turned negative for the first time in June, indicating that sales exceeded purchases.   It is precisely on the expectations of Mt.Gox debt payments that the flagship crypto asset's quotes reached the lowest level in the past eight weeks last Monday. In this situation, two things are encouraging. Firstly, the deadline for repayment falls on 31 October, and it's possible that payments will be made in parts over four months rather than all at once. And secondly, there is hope that not all creditors will rush to convert their bitcoins into fiat, but will hold onto them, hoping for price growth.   In addition to the above, BTC miners exerted some downward pressure on the market. It became known that their coin reserves reached a 14-year low, as they had to sell a significant amount of BTC due to the April halving to cover operational expenses. Recall that the cost of mining bitcoin, according to JPMorgan analysts, is $53,000. Historically, this cost level is a strong support for BTC/USD. However, even in March, JPMorgan did not rule out that after the halving, bitcoin could temporarily fall to $42,000.   In the absence of positive signals, the demand for spot bitcoin ETFs continues to decline, major market participants slow down their activity, and start to take profits. This also pressures the prices. CEO of investment company CryptoQuant Ki Young Ju calculated that over the past two weeks, bitcoin whales and miners set a record by selling coins worth $1.2 billion.   According to 10x Research, all last week, US spot BTC ETFs recorded investor outflows, and on 21 June, net outflow exceeded $105 million. 10x Research believes that bitcoin will now need to find a new price range to stabilize the decline and then find growth catalysts. In the medium term, according to 10x Research analysts, it is not worth expecting BTC to return above $70,000.   Popular analyst Matthew Hyland noted that the combined bitcoin balance on centralized exchanges reached a multi-year low. In theory, this could be seen as a bullish signal, but the crypto market leader is not yet eager to show an upward trend. Naturally, the publication of key US economic data could serve as a vector for further cryptocurrency movements. If the Fed takes its first step in easing its monetary policy in September, it could support risky assets, including bitcoin. According to Cryptology experts, the chances of bitcoin reaching a new all-time high by the end of September are quite high, and what is happening now is a phase of accumulation.   Despite the current decline, many investors remain optimistic, citing the cyclical nature of the crypto market. They also do not forget about the US elections. For example, former Goldman Sachs CEO Raoul Pal predicted significant bitcoin and cryptocurrency market growth in Q4 2024. In an episode of The Wolf Of All Streets podcast, the financier noted that risky assets like bitcoin usually rally against the backdrop of US presidential elections. "The final quarter of an election year is a real 'banana zone' for all assets. It always is," Pal optimistically stated, noting that the "banana zone" for cryptocurrencies in autumn is much more pronounced than, for example, for the Nasdaq index.   Bitcoin was also supported by billionaire Michael Saylor. His company, MicroStrategy, is one of the largest bitcoin holders in the world, with 205,000 BTC on its balance sheet. Despite the negative trend, it increased its reserves by another 11,931 BTC (over $700 million) in the past month alone. Saylor is convinced of the first cryptocurrency's ability to grow to $10 million with support from China and other factors. He believes that in the future, governments, especially China, will fully embrace the first cryptocurrency and integrate it into the state infrastructure. The entrepreneur declared all pre-bitcoin economic instruments obsolete. "Before Satoshi Nakamoto, economics was a pseudoscience. All economists before Satoshi tried to develop economic laws with shells, glass beads, pieces of paper, and credit instruments," the businessman wrote, calling bitcoin a "perfect asset."   In previous reviews, we already wrote that the launch of exchange-traded spot ETFs on Ethereum could give a certain boost to the digital asset market. On 25 June, SEC (US Securities and Exchange Commission) Chairman Gary Gensler noted that the registration process for new ETFs is "going smoothly," and the approval date depends on how quickly applicants submit adjusted S-1 forms. Bloomberg analysts call 02 July the expected approval date for new products. Reuters, citing anonymous sources, reports that a consensus has been reached between fund managers and the SEC in negotiations, and only the "final touches" remain.   Co-founder of venture company Mechanism Capital Andrew Kang stated that after the approval of ETH-ETF, Ethereum's rate could correct by 30%, falling to $2,400. In his opinion, at this stage, the main altcoin attracts much less attention from institutional investors compared to bitcoin. Based on this, ETH-ETF will attract only 15% of funds compared to what BTC-ETF received at the start.   Kang noted that to increase Ethereum's attractiveness among investors, its ecosystem needs to be positioned as a decentralized financial settlement layer, a global computer, or a Web3 application store. At the same time, it will be difficult to sell new ideas for Ethereum's application to funds, as the asset is perceived by investors as an overvalued stock of a large technology company.   Significantly more positively views the future of Ethereum Matt Hougan, CIO of Bitwise, a company managing cryptocurrency funds. In his opinion, the appearance of a long-awaited exchange product is undoubtedly a positive factor, and the net inflow of investments into ETH-ETF over the first 18 months will amount to $15 billion. In his analysis, he relies on the experience of Canada and the EU, where in similar products the inflow ratio for Ethereum and Bitcoin is approximately 1 to 4 (i.e., 25%). In other words, if in the first quarter of work for spot Bitcoin-ETF the total inflow was $26.9 billion, for Ethereum it is expected to be at the level of $6.7 billion. In this case, in three months of work, the leading altcoin could rise to $4,400-5,000.   CEO of SkyBridge Capital Anthony Scaramucci believes that the price of Ethereum could rise even higher, reaching $10,000-12,000. Regarding bitcoin, the entrepreneur allows for its growth to $170,000-250,000. The main driver, in his opinion, will be the further institutional acceptance of cryptocurrency. Scaramucci called the approval of spot exchange ETFs an important regulatory barrier breakthrough for attracting new capital. Thanks to this, in his opinion, the share of digital gold in the portfolios of major players will soon be about 3%.   As of the evening of Friday, 28 June, BTC/USD is trading at $60,190, and ETH/USD is in the $3,390 zone. The total crypto market capitalization is $2.24 trillion ($2.34 trillion a week ago). The bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has dropped from 63 to 47 points over the past 7 days, moving from the Greed zone to the Neutral zone.   In conclusion, here is another observation from Matt Hougan. The CIO of Bitwise presented three reasons why long-term investments in both bitcoin and Ethereum are more advantageous compared to investing only in bitcoin. These are: 1. portfolio diversification 2. the opportunity to earn on very different ecosystems and 3. economic benefit.   Considering the difference in the capitalization levels of bitcoin and Ethereum, Hougan believes that 75% of the capital should be invested in BTC and 25% in ETH. According to calculations, over the period from May 2020 to May 2024, the yield of such an investment portfolio is 3% per annum higher than one that only contains bitcoin. However, Hougan acknowledges that in the shorter term, a portfolio including 100% BTC outperforms a diversified one. Moreover, investing only in bitcoin carries fewer risks due to its higher market capitalization and features such as limited coin issuance and a phased reduction in the inflation rate to zero.   NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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