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Messages - Methos

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1
Bitcoin Forum / Re: Can BTC replace our fiat cash?
« on: January 15, 2021, 05:00:48 PM »
I usually read similar topics like this asking if BTC will replace the physical monies of each countries.

But i guess Bitcoin cant certainly replace fiat cash any time soon.....
 for we all have different value of currency. Secondly it will a lot of adjustment around the world just to adapt on this  process.

2
Altcoinstalks username: Methos
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Current Post count: 188
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3
Bitcoin Forum / Re: Why Bitcoin price is so high?
« on: November 25, 2020, 11:54:44 PM »
- bitcoin is scarce, bitcoin is the gold of the digital world and is the father of altcoin which inspired coins that currently exist -
I agree, we only have one Bitcoin. There are no other coins that can be as good as Bitcoin. That makes Bitcoin unique and becomes like a gold in crypto space. I also think that this uniqueness to make Bitcoin be always king for all crypto coins. We are lucky that Satoshi created that Bitcoin with amazing concept.

Yes every crypto undergoes a very detailed process that initially done and slayed by Bitcoin. Given the fact that it is the one of the first it got uts popularity because of its reliability and the investors see the potential of this concept.

4
Voting / Re: Would you join ETH 2.0 if you had enough money?
« on: November 21, 2020, 05:58:40 PM »
If I had extra money I would invest to eth 2.0 based on reference Eth will increase more. Still Hoping and waiting for the right and perfect time.

5
Based on the rapid change and growth in digital currency, its possible to switch in modern technology in future, currently digital currency and transactions are now patronising due to its conveniency and  soon it will become a new platform.

6
Yes! hoping to increase it by the end of this year based the market projection but for me $13,000 for this year is not bad actually it hits a high value for this year and its promising that it would increase as high as possible.

7
Cryptocurrency discussions / Re: Your Ethereum and Bitcoin perspective
« on: November 15, 2020, 05:09:14 PM »
In the world of digital currency, not of all people believe in bitcoin and ethereum perhaps, the world pushes us to be dependent in digital currency by giving us easy and convenience in our daily living, and sooner bitcoin and eth will introduce globally as our modern and new currency and will increase its value due to high demand. 

8
Bitcoin Forum / Re: Bitcoin trading or Investing on stock market?
« on: November 15, 2020, 05:03:10 PM »
I can say that they are both super risky, but on my opinion the most risky is Bitcoin.

Tho both of them have this Pulse Pattern on market Value. They differ in the back end support. In doing Stocks you may Hire a partner that will focus on investing or movement of you monies on the Market. Like e-torro or other alike companies.

Unlike if you are to do the Bitcoin itll be all by yourself,

9
Bitcoin Forum / Re: Why Bitcoin price is so high?
« on: November 15, 2020, 04:53:23 PM »
In my opinion it is because of the Law of Demand and supply.

Any product that is so limited or hard to provide will be high in price because many people are willing to invest on it, there are some instances that they can Bid on it just to ensure that they will be the one to get the item.

That might be 1 of the reasons why bitcoin is so high.

Yes we can Factual consider the reason that its is the first Cryptocurrency thats why It already builds its own credibility on the market.

10
Bitcoin Forum / Re: Is it necessary for a country to approve Bitcoin?
« on: November 15, 2020, 04:42:21 PM »
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Yes, I think The government should approve and legalize bitcoin. Because Bitcoin is  the future currency. It will be needed in the coming future.

It is not necessary to a government or country to approve the bitcoin because we all have our currency in each country already,  all to be honest we would like make it Atleast a try like a support from our government to implement a certain rules to help us monetize or convert our cryptocurrencies in to commodity.

 

11
Bitcoin Forum / Re: Bitcoin As Long Term Investment?
« on: November 15, 2020, 04:32:55 PM »
Yes we can say that Bitcoin can be somehow defined as an investment knowing that it can certainly make a profit out from it. But it cannot Replace an investment on a physical asset like land / properties, because land value doesn't follow a pulse trend like Bitcoin...

If you o vest on land the price is always going up .


12
Legality & Taxation of Cryptos / Re: Can the government destroy bitcoin?
« on: November 14, 2020, 05:55:47 PM »
Some countries are banning bitcoins, there's a rumor that some country will follow this too. can the government stop bitcoin?
what do you think guys.

Yes it's true there are some countries that ban bitcoin but I think they can't destroy bitcoin because bitcoin can help us, so if the government can stop bitcoin, then they are like destroying many people's dreams

Yes bro same sentiments, actually here in the Philippines, our government is not patronizing the Bitcoin, but can still maneuver to process their account and Hold cryptocurrency. Some are investing their monies and let it stay there just like the usual Investment on assets.


13
Cryptocurrency Price Speculations / Re: Will bitcoin hit $20000?
« on: November 14, 2020, 05:44:42 PM »
In my opinion, I think it will go over $20,000. Last 4 days i checked the current conversion of 1 Bitcoin to Dollars it about 14,000 only but now it is  almost 16,000 that is 2,000 in difference.

We have 16 days remaining before December first week (4x 2,000 = $8,000) roughly that is a conservative estimate thats why I am positive that it will go beyond 20k before 2021.

14
Bitcoin Forum / Re: Will bitcoin support by government?
« on: November 14, 2020, 05:38:13 PM »
Government cannot control Bitcoin, it is decentralized, even Satoshi don't control the Bitcoin. I think government only needs to support a new revolution in digital asset and currency. It is very helpful for people around the world, so why not support this? It deserves to support and continue to improve more.


Of course, every country has rules that have been made to keep what is happening in the world with the development of bitcoin to be scrutinized and paid close attention to. because it could be that bitcoin is used as money laundering if it is not looked at properly which will be detrimental to the country. so we can be sure that clear rules will be made so that there can be reciprocity. that's why there are still countries that have yet to recognize bitcoin as a legal medium of exchange. because there are still many countries that are not ready to accept this progress.

Yes I agree to that note. Many Western countries are already open to use Bitcoin as one of their mode of payment. The Government is not controlling the Bitcoin but only facilitating how to utilize the benefit from it. Now in a third world country like ours Philippines it will be a very long process.

15
Cryptocurrency Price Speculations / Re: Bitcoin Cross 12K$ High.
« on: November 14, 2020, 05:17:59 PM »
As of now it has reaches 16,000 USD and the trend is going up. Hopefully it will continue to up trend and reach 20,000 USD by December Mid.

The graph movement pattern of Bitcoin is that it goes up so high, and drop quickly. But as you can see even pandemic it reaches that high and it clearly states that more people are indulging themselves invest in Bitcoin.

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