Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: geontrex on October 20, 2018, 09:35:38 AM



Title: Bitcoin
Post by: geontrex on October 20, 2018, 09:35:38 AM
Hello to everyone!
Im brand new here and i have this questions,im sorry if my questions seems to be funny or childish.

What risk (in relation to the exchange rate) do you think you are undertaking be keeping your money in Bitcoin?

Which player is  the one who quarantees the continuation of Bitcoin existence is all this controlled by some state controls?

thank you very much.


Title: Re: Bitcoin
Post by: Fiekuane on October 20, 2018, 10:41:25 AM
no risk, having fun here. still hodl btc while falling down


Title: Re: Bitcoin
Post by: Who I on October 20, 2018, 10:46:54 AM
Hello to everyone!
Im brand new here and i have this questions,im sorry if my questions seems to be funny or childish.

What risk (in relation to the exchange rate) do you think you are undertaking be keeping your money in Bitcoin?

Which player is  the one who quarantees the continuation of Bitcoin existence is all this controlled by some state controls?

thank you very much.
There is no player. There are a crowd of people who trade bitcoin. There's a news background that sometimes forces the crowd to make decisions. There are big players who can manipulate the market a little in their favor. Bitcoin is alive as long as it gives you the opportunity to earn


Title: Re: Bitcoin
Post by: MadGamer on October 20, 2018, 10:54:01 AM
With the big community that bitcoin currently have, the limited supply and how bitcoin is currently distributed plus the number of people that keep joining the bitcoin scene, and with the improvement proposals being implemented, I don't think there is such a risk, at least not If we're speaking long term.


Title: Re: Bitcoin
Post by: geontrex on October 20, 2018, 10:58:53 AM

surely we can not talk about the future at any level .. very informative answer
thank you a lot!


Title: Re: Bitcoin
Post by: geontrex on October 20, 2018, 11:45:55 AM
I wiss the best have fun too :)
Thank you!


Title: Re: Bitcoin
Post by: IgorShumilo on October 20, 2018, 12:32:30 PM
Bitcoin is an interesting experiment that has captured the whole world. Many governments and the state give the green light to the blockchain technology, but they give the red light to cryptocurrencies, because they can destroy their financial system. It seems to me that in the future ordinary people will not own Bitcoin, they will be worn by large banks and very rich people. We hamsters kicked out of there by the collapse of the course. Many people lost a lot of money during the falls and they no longer want to buy again.
It seems to me that the state will create its own cryptocurrencies under the control of the government and people will use them. I do not think that there will be decentralization, governments will not give control over money to ordinary people!


Title: Re: Bitcoin
Post by: CoinCowgirl on October 20, 2018, 12:38:43 PM
There is no risk but also no quarantees. Watch, learn and have fun. Enjoy the ride an be happy. On one day crypto rules!


Title: Re: Bitcoin
Post by: Itsmylife on October 20, 2018, 12:46:52 PM
Hello to everyone!
Im brand new here and i have this questions,im sorry if my questions seems to be funny or childish.

What risk (in relation to the exchange rate) do you think you are undertaking be keeping your money in Bitcoin?

Which player is  the one who quarantees the continuation of Bitcoin existence is all this controlled by some state controls?

thank you very much.
1. The crypto market is similar to forex, so the risk in here is the value converted into usd fluctuates continuously.
2. The transaction speed is based on the number of miner in the network, and no one can controll  or intervene in transactions of bitcoin.


Title: Re: Bitcoin
Post by: terrific on October 20, 2018, 12:49:35 PM
While there's a market cap and adoption is increasing, bitcoin will survive and continue.
Bitcoin is decentralized so there's no state or government body that controls it.
Even the blockchain of bitcoin, no one controls it.


Title: Re: Bitcoin
Post by: HotHot143 on October 20, 2018, 12:56:41 PM
Hello to everyone!
Im brand new here and i have this questions,im sorry if my questions seems to be funny or childish.

What risk (in relation to the exchange rate) do you think you are undertaking be keeping your money in Bitcoin?

Which player is  the one who quarantees the continuation of Bitcoin existence is all this controlled by some state controls?

thank you very much.
No one can control Bitcoin that is why I might suggest to you to search all about how bitcoin works and how to transact bitcoin/how bitcoin transaction works other asking the opinion of peoples here and also how blockchain technology works. Have a best of luck.


Title: Re: Bitcoin
Post by: r_delossa on October 20, 2018, 01:02:17 PM
It is not safe to keep all your money in Bitcoin. Crypto currencies market is volatile and a big pump can multiply your savings, but a big drop can cause huge loses. Just try it with a small part of your savings, like 10 percent, wait for several months and decide for yourself.


Title: Re: Bitcoin
Post by: yapa ve yalniz on October 20, 2018, 01:11:23 PM
Can you guarantee not to die tomorrow.. there is no guarantee of anything.. but I trust it until the end anyway =))




Title: Re: Bitcoin
Post by: fuer44 on October 20, 2018, 01:24:53 PM
the main risk is of course its value is volatile, its value can sometimes fall drastically and it is very risky especially for new players. I think here all players can have control in the bitcoin market. the point is that all players who have large amounts in their wallets can guarantee the existence of bitcoin in a country. for example in Canada, some people have lots of bitcoin in their wallets, so the existence of bitcoin there can be guaranteed.


Title: Re: Bitcoin
Post by: disconnectme on October 20, 2018, 06:23:46 PM
Hello to everyone!
Im brand new here and i have this questions,im sorry if my questions seems to be funny or childish.

What risk (in relation to the exchange rate) do you think you are undertaking be keeping your money in Bitcoin?

Which player is  the one who quarantees the continuation of Bitcoin existence is all this controlled by some state controls?

thank you very much.

I think the only existential challenge to BTC is if the new work is hacked, if it was hacked successfully then that is the end of the game and this can only be carried out by nation state alone because the network as grown successfully now that the opportunity cost of carrying that out by an individual is very low for an individual because it would be very expensive to do


Title: Re: Bitcoin
Post by: fanji on October 20, 2018, 06:40:22 PM
there is no bitcoin player that guarantees your continuity while trading bitcoin, if you already do trading activities then the risk of losing money or loss must be faced entirely without the help of any bitcoin players, but the advantages of bitcoin are having a large community in the world and the supply of bitcoin is very limited


Title: Re: Bitcoin
Post by: Kofiy on October 20, 2018, 07:02:44 PM
I don't think there is such risk in this industry. This industry has grown beyond that and the community will not open their eyes widely for such to happen. Bitcoin or any other cryptocurrencies is not controlled by any central agency, those controlling are the community behind it.


Title: Re: Bitcoin
Post by: ImpaT on October 20, 2018, 07:27:26 PM
It will me much better to keep money in Bitcoin than in bank because of % you may have. Moreover, fiat became unstable too, so the risk is the same.


Title: Re: Bitcoin
Post by: Mathias Allen on October 22, 2018, 03:09:08 AM
The only serious risk of the Bitcoin is that its price is voilatile. There is also no guarantee of the continuation of exiustence of Bitcoin. However, the bitcoin is maintained by a large community of people who trade bitcoin on a regular basis, and they are the one out there to ensure the continuation of its existence.


Title: Re: Bitcoin
Post by: Allie Weiss on October 22, 2018, 03:25:12 AM
No one can give a guarantee and there will always be risks. Bitcoin's value is volatile, so there will be huge pump and huge dump. You have to be patient with your investment in those times.


Title: Re: Bitcoin
Post by: anov996 on October 22, 2018, 03:27:51 AM
While there is a market cap and adoption is increasing, bitcoin can survive and continue.
Bitcoin is decentralised thus there is not any state or government body that controls it.
Even the blockchain of bitcoin, nobody controls it.


Title: Re: Bitcoin
Post by: vallydelly on October 22, 2018, 03:40:35 AM
Everything in life is full of risk and nothing it ever guaranty so it is for bitcoin and that is why it is good to always invest what you can afford to lose and not investing your whole money, for sure bitcoin will go up and down, you could make profit, and you could make lost, it's left for you to take the best decision. 


Title: Re: Bitcoin
Post by: Mr.Gun on October 22, 2018, 03:46:20 AM
Everything in life is full of risk and nothing it ever guaranty so it is for bitcoin and that is why it is good to always invest what you can afford to lose and not investing your whole money, for sure bitcoin will go up and down, you could make profit, and you could make lost, it's left for you to take the best decision. 
Yes, I agree with you, bitcoin is still the top coin up to now, but still its value goes up and down, of course this is followed by other coins, but I still believe bitcoin will continue to provide benefits for the future


Title: Re: Bitcoin
Post by: Vaniaayu on October 22, 2018, 04:26:33 AM
just looking at which market you are using, decentralized or centralist, if the market you are using is central, I think there are agents or government involvement or private institutions that control the sustainability of the market


Title: Re: Bitcoin
Post by: Davidbaecker on October 22, 2018, 09:48:38 AM
Of course there are no guarantees,Bitcoin isn't controlled.But with the big community that bitcoin currently have,the limited supply and how bitcoin is currently distributed and the number of people that keep joining the bitcoin scene,I don't think there's such a risk.


Title: Re: Bitcoin
Post by: Aidenpeters on October 22, 2018, 04:58:44 PM
First of all, there is no safety problem which you're not aware from the normal or fiat coins. It's like normal share business, the benefit and loss depends on your own wit and decision. Also, there is no evidence of any player exist in here, but there are and rumours, let it not confuse you bothering about that.


Title: Re: Bitcoin
Post by: xuv500 on October 22, 2018, 05:17:32 PM
just looking at which market you are using, decentralized or centralist, if the market you are using is central, I think there are agents or government involvement or private institutions that control the sustainability of the market

Well if you say about centralised XRP is supported by bank and their popularity is increasing day by day, similarly XRP is much better in stability at this moment when compared with other altcoins. However decentralised are future stars in my opinion.


Title: Re: Bitcoin
Post by: ADgordo on October 22, 2018, 05:22:43 PM
Bitcoin is the safest option in crypto space. Surely in crypto nothing safe like 100 percentage but bitcoin is safe like 99 percentage. There is no one controlling bitcoin prices.
Investors can decide that value. They can buy or they can sell and that can cause that price movement. We are in decentralised space :=). Welcome to here mate.


Title: Re: Bitcoin
Post by: Lerikaweb on October 22, 2018, 05:25:55 PM
Hello to everyone!

What risk (in relation to the exchange rate) do you think you are undertaking be keeping your money in Bitcoin?

thank you very much.

I think that the risk is about the same as the possible profit. This risk is reasonable and easy to measure and understand. Altcoins market is much more volatile.


Title: Re: Bitcoin
Post by: Pffrt on October 22, 2018, 05:27:23 PM
You should post this one into bitcoin board, not here. It is for altcoin section. You can move the thread on your own. Check the down left side and find out move thread and you will be able.


Title: Re: Bitcoin
Post by: LastRolling on October 22, 2018, 06:14:15 PM
Bitcoin is the safest option in crypto space. Surely in crypto nothing safe like 100 percentage but bitcoin is safe like 99 percentage. There is no one controlling bitcoin prices.
Investors can decide that value. They can buy or they can sell and that can cause that price movement. We are in decentralised space :=). Welcome to here mate.
I agree, bitcoin would be the safest way to go for. Here in the cryptocurrency community it’s all about risking, everything good heppens when you take risks.


Title: Re: Bitcoin
Post by: duuuuude on October 25, 2018, 07:23:22 AM
What could be the risks in our time?) Of course there are no guarantees, bitcoin is not controlled but it is worth having it in your portfolio.


Title: Re: Bitcoin
Post by: akeda on October 25, 2018, 07:37:17 AM
Bitcoin is the top crypto coin that has the highest selling value among other coins, although there are some countries that prohibit it but bitcoin has been widely known and many people invest in bitcoin


Title: Re: Bitcoin
Post by: Drelalind110 on October 25, 2018, 01:57:57 PM
There are subsequent amount of risks but Bitcoin has somewhat stabilized and started rising gradually. This would be the prime time to avoid any kind of risk.


Title: Re: Bitcoin
Post by: Jeraogord01 on October 25, 2018, 01:58:16 PM
Well holding money in bitcoin is a choice that we make because it shows great potential and currently is the best coin out there for investing. Although ther is the factor of risk in holding the money but outcome may be even greater.


Title: Re: Bitcoin
Post by: Ibalewen221 on October 25, 2018, 02:09:43 PM
Apart from volatility, which has been in existence since its inception, the only risk you face is its issues with liquidity. Fiat currency, for example, usd is the best currency when it comes to liquidity because almost all over the world a usd is accepted. This is where bitcoin lags behind, you wont find too much businesses that accept bitcoins but it's getting there rapidly.


Title: Re: Bitcoin
Post by: Choakoth55 on October 25, 2018, 02:10:01 PM
Still no risk in keeping your money. Bitcoin market is volatile and that is the beauty of it. You can't imagine how amazingly you may be benefited.


Title: Re: Bitcoin
Post by: mahilchii on October 25, 2018, 02:28:04 PM
just looking at which market you are using, decentralized or centralist, if the market you are using is central, I think there are agents or government involvement or private institutions that control the sustainability of the market

People's mind have changed like money matters to them either it is centralised or decentralised. I agree everyone are expecting a stability in the market as it gain lot of trust in a coin. However bitcoin is a best option for sure it is a very powerful coin across the globe.


Title: Re: Bitcoin
Post by: iancortis on October 25, 2018, 03:53:28 PM
i think much better to keep enlighten up for your queries and new ideas about this thing i suggest you to look and watch a documentary about bitcoin and a Blockchain. and read the most interesting topics here. by the way risking money here is too exciting!