Bitcoin Forum

I started to know bitcoin in 2014  but really entry the market in the early days of 2018.It is also the time when the market starts going down. I lost 85% of assets compared to the first day of entering the market. while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin ?and what do chance for the newmember like me? Most recent Turkish burned $ US after the imposition of 20% import duty on Aluminum and 50% on Steel imports from TNK. The population is thought to be raising a wave of "US dollar " and honoring the Lira
- US  imposition tax on aluminum steel to Canada 25%
- US  imposition tax $ 200 billion on Chinese imports
- The United States imposed the most "harshest" economic sanctions ever put on Russia on August 22
- Europe warns $ 300B in US goods will be levied if Trump  imposition their car tax.
Could someone give me advice future of bitcoin.Thanks

Sorry to hear that but your plan to join the market was a failure, everyone knows that the market will go through a correction period after the rallies.
It will be a good lesson for the future.

Although political events have a little effect on bitcoin, we live in this world.
Economic shocks will highlight more alliances among countries, a return to gold and a reduction in dependence on the dollar.

Some countries may resort to using cryptocurrencies "create a new one", but it is difficult to inject a lot of investment into Bitcoin " high-risk investment".

I expect that there will be a period of long slumber where the price is resting from the crazy highs but in general do not expect to occur spectacular rises soon.

Take this time to learn more about Bitcoin, put your investment plan and then join the market.

I stopped reading after that, because you are full of BS, if you said that. The price of a bitcoin was below $1000 in 2014, and it went up to $19 000+ in 2017, so there are no way for you to lose money, if you kept those coins and sold some of them in 2017.

In any way, an economic war will only benefit Bitcoin, because people tend to shift their wealth into commodities with a store of value, in times of war and Bitcoin is such a commodity.  ;)

Thanks for advise.but I started to know bitcoin in 2014 but i only real begin trade and buy ico in  2018 Sir.I also hope the next time the market warm up.and developing more

bitcoin does not need permission from heads of state or government. This is a payment system that can exist in the ecosystem of a crypto community.

Now crypto community is very small, and all bitcoins are concentrated in the hands of whales

Bitcoin market is highly manipulated by the whales. There will be little to no effect in bitcoin’s performance by any country’s government. But if US imposes some regulations then it might be more reliable and will be adopted by the general mass. Some experts believe that US dollars might fall soon because of an increasing amount of US debt and are advising to move to bitcoin.

The US debt rising has no negative effect over the US economy,because like Paul Krugman said."USA can print all the money to pay it's debts."The US trading wars have little to no negative effect over the US economy,because the foundation of the US economy is the domestic demand for products,not export.
Trading wars are bad for bitcoin.I don't price a stable price increase despite all the new import tariffs and sanctions. 

the role bitcoin plays here is rather speculative as Turkish people are putting their money to bitcoin as a way of preventing their savings to fall with their local currency due to the restrictions.

With the rapid devaluation of the Turkish Lira day by day, I'd say the main role bitcoin has is for people to stock their assets into bitcoin and hope for the best. They simply can't store their Lira anymore given that the US continues to pressure them on trade tariffs and it seems that the action plan of Erdogan isn't panning out yet (though fairly recently, Qatari emir vowed to invest $15-B after their talks with the Turkish president). On a side note, many Turkish are vehemently avoiding the use of the US dollar at all costs, and seem to be doing quite well despite the Lira's devaluation. Bitcoin can be an option in saving those assets if the citizens want to, but at this point, I don't seem to find the necessity to convert all of your assets into crypto if you're a Turkish resident given that some countries are willing to help you out in this economic shitstorm.

Well i believe the market will change in later part of this year. We are having great news about Turkey market or Korean market. So there is no doubt that we will have great time in future. All we need is patience to survive to that time

Bitcoin will be always out from these effects I guess. Bitcoin is just a form of fast and decentralized worldwide transaction. So, there is no chance of happening these stuffs because of bitcoin i think.

bitcoin can be alternative for investment place for big investor.if trade war between USA China and EU make uncertain condition in market.investor doesnt like this condition and they will find new investment platform that give them earning

unfortunately but it is completely a true fact that bitcoin still didn't got proper government apporoval, I know bitcoin is doing very good even without this but for compating on that level it needs approval and acceptance from the rest of the world

Nothing!
Absolutely nothing!

You have to understand that while it's the government imposing taxes, those that produce the goods are companies, and those react differently, some stop doing business, some move their production sites, some just try to mitigate the losses, it's a complicated environment and right now bitcoin has no role in it.

A car dealer in the Uk might accept bitcoin payments for one or two cars worth 50k euros but for sure Mercedes isn't going to ask for 1.2 million BTC for the more than 100 000 cars it exports to the US.
Nor are going American and Europeans buying coins just because there is a trade war going on.

This "war" is not affecting bitcoin, you can see that the price swings have nothing in common with the date of the announcements about trade deals and tariffs.


LE:


Lols, the Europeans countries don't use the $ they've been already using the Euro for more than a decade.

I think economic way is in our favor , as when for example European countries want to punish trump they won't use us dollar as a currency which will destroy america's economy and will shift to another sort of asset which could be bitcoin . so as long as they keep fighting it's good and if they all agreed that bitcoin will affect their interests , only then we will be ruined

They seem to have made plans for different areas. More profitable lines than the electronics market. These countries too strategic vision, can dominate the international market. And we wait to see what they are doing, to accelerate the economy.

I saw you mention the Trump's car tax which is stupid because most of the foreign cars that he is trying to tax is produced in the US. Only a small percent is imported and he wants to tax the the imported ones, which will not change anything for the average US worker. It will not make people buy American cars because the market will still be flooded with imported models and will continue to be flooded. On top of that if people like certain brands, making them harder to get will only increase the popularity.

I think there will be no economic war between the US and the EU and there is no war between the EU and China, so I don't see a chance for cryptos here. That said, we may have a fiat crisis forming.

An economic war is not what is giving a chance for Bitcoin. An economic crisis does. Something like what is happening currently in Turkey, something like what happened in Greece. And thinking about if you check a graph and compare it with the crisis Greece got you can really see in which time Bitcoin has a chance.


He said he started to know in 2014, not he invested in, in 2014. He said he entered into the market later in January.

You should have bought in 2014 or you should have bought at about now. Never get in while we've had several days of several figures up coming from like $3000. At some point we were going up $3000 each day, that was bubble mode.

In the future fluctuations from $10,000 up $10,000 down will be normal, but that's when the price will be $100,000+. Look at the BRK.A stock which is valued at $300,000 a share, to see how it fluctuates in these terms.

Just always buy something that you believe is underrated given the fundamentals, after the crash happens and the graphic flattens out a bit for a couple of months.

As far as trade wars, it will get worse I think. Trump's ego is too big, he will not back down, he will keep crushing the Turkish lira, not making it easy for China and so on, so things aren't going to be too nice. The USD will keep going up, Trump should do well in his next term too, but somewhere in the second term we should start seeing some big cracks on USD, then BTC will shine like never before, so ideally you want to hold for like 10 years and you will set for life (obviously im talking about BTC and not scams).

Sorry to learn that however your arrangement to join the market was a disappointment, everybody realizes that the market will experience an adjustment period after the encourages. It will be a decent exercise for what's to come.

I expect that there will be a time of long sleep where the cost is resting from the insane highs however when all is said in done don't hope to happen staggering ascents soon. Set aside this opportunity to take in more about Bitcoin, put your speculation design and afterward join the market.

bitcoin are more profitable and secure in crypto market. it will be increase price in future. its future are more profitable and probable. it will make sure your profit in future.

I feel sorry but the timing of your joining here was really bad because that’s the time when the market was going through a developing period. You should take lesson from here and better join again after gathering more knowledge about BTC.

I think bitcoin does not need the permission from the head of the stat or authority.This is a simple a payment system it exist te ecosystem of a crypto community.

It was really a bad decision of investing on BTC on that period. But don’t lose hope. Hopefully the market will be stable soon and then you can make some good business here.

I can understand your situation. It hurts actually. But the truth is you involved in wrong time. But there is hope now. Maybe within a few days the market long slumber period will come. Till then learn more about Bitcoin.

Bitcoin is such kind of currency people are being more interested in bitcoin. And hope bitcoin will be accepted by the other countries which countries still not accepted it. In future bitcoin will ruled the world currency i believe.

I am not sure that the new future sanctions will affect on bitcoin very substantially. I know that USA has taken over on imposing the various sanctions for several countries  but I do not think it will touch the crypto market. However is possible that USA and China will come to any compromise on the next negotiation. Moreover if even the sanctions will be approved by USA it is possible that big part of transactions will be moved in shadow market and I think that crypto assets are very useful for sanctioned countries to trick some prohibitions of the sanctions.

in crypto market bitcoin is a platform by this you can reach your desire success. it reduces the unemployment crisis that's why people are more interested about bitcoin.and the community of bitcoin are increasing.  future of bitcoin is bright i believe.

There are always more questions than answers in Economics and politics.I think bitcoin will be the solution to many problems that are now among many countries.Yes, it may look fantastic but bitcoin will be able to balance the tension.

I think that bitcoin will benefit from this war, because it will be used as a quiet harbor for money by every force. No one influences it, so it is a neutral tool for investment, like the Swiss banking system, but with more decentralization.

I think bitcoin price will be rising. Investor right now think bitcoin is safe haven like gold and when big country start trade war, most big financial investment must be looking safe haven asset like gold and i am believe they will looking bitcoin as an alternative

Bitcoin belongs a crypto ecosystem which provide by crypto community. So need not to be worry about state permission.

"Bitcoin is now on bad time but it will be come back with something good result. So keep calm and be patient.
"

The ugly truth is bitcoin is not acceptable whole the world. Most of the countries are against bitcoin. This market exists only in the crypto community. One day this market will concentrate in the whales.

Currently it’s not going good time for bitcoin but hope it will be improve in future as well as. And then the BTC market will be again good.

Sad to know this based on this current situation this coins will recover very soon and I hope you can see the positive graph after few days later.

There is not much influence in BTC in regarding of USD or other fiat money. I think You lost most of your investment for not investing in the right time. You should have taken time and made it more clear by getting knowledge about market values. Though, You can win still now, hold your investment and wait for the right moment.

Actually you enter the critical situation when market is facing tough situations so you should wait for a while because after few days later this prices will increase.

If we think about this market situation this is very tough time for market and most of the people are suffering for price but it has good values in market and soon this price will hit the maximum.

The condition of bitcoin is not very good it is not rising its price for a long time .There are some political issues with different countries. It will be ideal not to invest in bitcoin right now.

There will always be news about the negative aspects and why you should not invest on Bitcoin. But I guess Bitcoin is a potential cryptocurrency in the market and it is never unwise to invest on it. There will always be pump and dump in the market. But this should not affect your strategy of investment.

I am still optimistic that bitcoin will continue to grow further even though the world had experience economic crisis mostly in the big countries like US, EU and China conflicts with regards to tariff tax. Bitcoin may undergo the fluctuations but it is still currently surviving because many people are supporting btc all the way.

That is good observation and none of them taken by others. I guess its true, if OP really had that much wealth back in the days then he would been 5000% more in his wealth by the time everyone experienced the hike of bitcoin 19K last year. There is no way a person who invested back in or before Jan 2017 is in the loss. Because they are 100% in the profits due to the current highest prices. Even 6K USD today is the profit for them. I dont know about the political pressures and how those different imposition will be affecting bitcoin but they look to me internal matters and nothing else.

It is sad that you faced the market during the tough times. But still, the market will recover and hopefully you will be able to see the better side of the market.

Governments and armies are work on bitcoin and other crypto currencies for their benefits.

We don't know what will happen in the future right now but we wait and see.

Well, in my opinion I think a time shall come that countries will start to think of creating their Cryptos so as to stay in the competition, or perhaps allow the use of Bitcoins and other cryptos for transactions. Ideally, political factors do affect crypto but to me I see a bright future for the use case of Cryptos.

In 2010, Bitcoin's price was below 1000 dollar and it grew to 19,000 dollar or more in 2017. If you keep your investment and wait for extra value then you will be benefited.

Should have joined the market earlier when the prices were in a good place. Better late than never. But yes, the situation is bad at the moment, that does not mean that it will stay like this forever though.

Bitcoin is more profitable and secure. It is the most popular in the crypto market. It will be making the profit for you in the future. Here is more transparency. Its future is very good. Its price will be increased in the future and make more profit for the investors.

Bitcoin market is a growing up market and its popularity is increasing day by day. So, we have to wait for the right time. Don't be unhappy about your lose because you will be able to recover you lose very soon I hope.

This War Is playing with India also. Tax on each luxury item is more than 50%.

In future if any system came that we can add tax system for government while selling and buying Then government may think about bitcoin after all they need tax money only.
Each country will have own crypto stock To save their own currency from economic war

Crypto is future. Bitcoin will always a king Wait for 3-5 year sure you get 5x return from your investment.
Prediction is our imagination only its may true or false

Bitcoin can actually be a tax-free payment tool and it is quite vulnerable to developed countries such as America, China, or the European Union. yes, for example the United States imports goods from China using bitcoin, the goods will be sent without taxes and that will not be known by the Chinese government. if there is no immediate regulation, then bitcoin can actually be used as an illegal transaction.