Title: Important conditions for the progress of bitcoin Post by: akihikohideaki on January 17, 2019, 03:30:18 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.
I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: cellard on January 17, 2019, 03:52:47 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... The point of Bitcoin is that it doesn't need to be recognized by anyone and the only regulation is the rules within the code. If it was any other way, it's value would be 0. Thankfully it isn't the case. Of course having governments on your side makes it a smooth ride compared to having them trying to destroy you 24/7, but due game theory this will always be the case. Some governments will benefit from being Bitcoin friendly and others will benefit from trying to get rid of it. In my book the net result is that Bitcoin friendly governments will benefit the most long term since the rich bitcoiners will pay taxes there to buy properties specially in 10 years when current holders are rich as f*ck. Also govs themselves will benefit by having Bitcoin reserves. Title: Re: Important conditions for the progress of bitcoin Post by: wuvdoll on January 17, 2019, 04:38:21 AM First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. Without the help of any of recognition and regulation alone bitcoin have survived for last 10 years and peaked up to $~20k. Hence, why should we expect those after the mid way. More importantly 2017 does not need to be repeated but something better than 2017 will be repeated for sure. Just fasten your belts, next halving will be in less than 18 months. Bitcoin's basics and fundamentals are more than enough for another new ATH.The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. Quote There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Institutional funds will start flowing-in on its own time. FOMO will help bitcoin and will benefit the investors too. In future the massive number of small investors may overcome the institutions to decide the directions. It means bitcoin will grow as attractive enough to have its real supporters.Title: Re: Important conditions for the progress of bitcoin Post by: sunsilk on January 17, 2019, 05:11:46 AM There's no need for bitcoin to have an 'official' exchanger. It's even tradable just look for someone who's willing to trade it for you which is the popular way of trading before and the history start through it as p2p. The government can just regulate the exchange itself as a business that operates depending on the ruling of law.
These entrepreneurs and institutions are said to come in to the market in an unknown time. Bitcoin's just getting stable and that's what they have been waiting for, they'll come in later. Title: Re: Important conditions for the progress of bitcoin Post by: Indrawan77 on January 17, 2019, 05:35:00 AM Its a bit dilemma about the bitcoin condition, we certainly need to be recognised by the government to become big, because we need the permit from the government, but we don't need too much interference from the government, so actually bitcoin in a difficult position, for now we need more investors and more people to do transaction using bitcoin, and yes we need entrepreneurs but we don't want them to invest for profit, because it can create pump and dump scenario
Title: Re: Important conditions for the progress of bitcoin Post by: Kakmakr on January 17, 2019, 06:17:56 AM If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. This vulnerability is not Bitcoin's responsibility. The Bitcoin protocol is rock solid, but the code used in centralized services like exchanges are definitely vulnerable and also targeted by hackers. A possible solution would be for people to use open source decentralized exchanges, where code can be scrutinized by 1000s of independent developers. I just need to say that MANY other non-Bitcoin centralized services are hacked every day, so this is not unique to Bitcoin. ::) Title: Re: Important conditions for the progress of bitcoin Post by: Kemarit on January 17, 2019, 09:37:26 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Why do you say so? I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. It's because you guys are really putting too much expectations from the market. Why just we don't wait till it recovers, we have been struggling for more than a year but it doesn't mean that we can go on like this in the next years or so. Eventually, we can recover and bounce back and probably hit all-time-high again. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Even if exchanges are regulated, it will still be vulnerable to attacks. Why don't we step aside and use bitcoin as P2P and let things continue to flow as normal with or without regulations. Title: Re: Important conditions for the progress of bitcoin Post by: benwarden on January 17, 2019, 09:53:49 AM Many will disagree with me, but I don't think that Bitcoin needs control from the states. Not all states act in good faith in such cases. For ordinary people, it will not give anything good.
Some people can say that state support provides stability and security. But this is all not true. Yes, the government has a lot of money, so it can do a lot, but in fact, it is no different from large corporations, which can also give money and security. I don't know how it would be better to act in this case, but I'm sure that Bitcoin is a state-free currency, which gives anonymity. Title: Re: Important conditions for the progress of bitcoin Post by: kryptqnick on January 17, 2019, 12:27:37 PM I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. I partially disagree with your points. 1. Bitcoin is recognized already in many countries, but it doesn't make it a payment tool. The problem is that sometimes cryptos are regulates as securities or commodities, which does not encourage mass adoption by retailers. 2. Even if an exchange is regulated, it is still vulnerable to attacks. Moreover, if there are only official exchanges, the open market is probably dead. 3. Sometimes enterpreneurs do invest in bitcoin, but if a small amount of people invests a big amount of money, bitcoin slowly gets under control of the few. Apart from that, if you believe in cryptos as money, then you should not favor the hodlers. Money is not something we invest in, it's something we use. So the key point here would be for more retailers to accept bitcoin as payment and perhaps make some promotions for those who use it.1. recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. 2. there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. 3. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Title: Re: Important conditions for the progress of bitcoin Post by: Dudeperfect on January 17, 2019, 02:07:46 PM I don't think that there are any external efforts needed for the progress of Bitcoin or crypto industry. We as users of it should give first preference to use Bitcoin as a payments instrument instead of focusing on speculation activities. Any external event can give benefit or damage for the short-term but when it comes to the long run, users have to adopt it into their day-to-day activities across the globe.
Title: Re: Important conditions for the progress of bitcoin Post by: Indamuck on January 17, 2019, 02:50:16 PM If you care about the price you just need more new people to buy in. The demand is dropping because people are losing interest in crypto. The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction. I don't think financial institutions will make a big difference either, we already hit 20k without them.
Title: Re: Important conditions for the progress of bitcoin Post by: el kaka22 on January 17, 2019, 03:32:54 PM I don't know which coin you are checking but almost all of the things you talk about have happened in 2018 while the price was going down incredibly. First of all great analogy with the leaf and green yellow and falling down, that is exactly what bitcoin was and is even today so I respect the amazing analogy for it. However, if you check the lists that is required for a bitcoin uprising, all of them happened one way or another.
For example regulation exists, regulations do not guarantee any increase, look at bitlicense in New York, they published proper regulations for it and than all New York crypto companies left the state leaving them basically cryptoless state. Which means regulations do not mean good prices, on contrary means bad practice by the state. There are plenty of countries with official exchange that is supported by government or even better yet run by government, they are not really "crypto exchanges" but they are regular stock or forex or whatever exchanges that added bitcoin, the price didn't moved at all. Also 2018 was the year biggest amount of investments made into crypto companies, even a kitty game got 15 million funding. Basically, none of those things is a 100% way of increasing the price, we tried. Title: Re: Important conditions for the progress of bitcoin Post by: Naida_BR on January 17, 2019, 03:36:35 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Bitcoin can still thrive without being recognized by anyone. And also I can't find a reason why entrepreneurs need to integrate cryptocurrencies as I can't find any benefit from it to them. We support bitcoin by word-of-mouth and letting people that bitcoin is the real future that will reshape the internet world positively. Day by day the flow and the hype is gonna be bigger without much effort. Title: Re: Important conditions for the progress of bitcoin Post by: Cryptoprimes on January 17, 2019, 03:44:20 PM I don't know which coin you are checking but almost all of the things you talk about have happened in 2018 while the price was going down incredibly. First of all great analogy with the leaf and green yellow and falling down, that is exactly what bitcoin was and is even today so I respect the amazing analogy for it. However, if you check the lists that is required for a bitcoin uprising, all of them happened one way or another. For example regulation exists, regulations do not guarantee any increase, look at bitlicense in New York, they published proper regulations for it and than all New York crypto companies left the state leaving them basically cryptoless state. Which means regulations do not mean good prices, on contrary means bad practice by the state. There are plenty of countries with official exchange that is supported by government or even better yet run by government, they are not really "crypto exchanges" but they are regular stock or forex or whatever exchanges that added bitcoin, the price didn't moved at all. Also 2018 was the year biggest amount of investments made into crypto companies, even a kitty game got 15 million funding. Basically, none of those things is a 100% way of increasing the price, we tried. Yes, I think the same. There are no big problems with regulators nowadays. There are plenty of other causes which affect the market value. Like shitcoins and disappointment in them. Like major banks (https://cryptodetail.com/bitcoin-price-manipulation-who-guilty) manipulating the market, buying BTC at the shadow markets and then selling BTC with batches at official exchanges to crush down the price and buy low. And many others like impact of media publications and so on. Title: Re: Important conditions for the progress of bitcoin Post by: Crypdon on January 17, 2019, 04:42:21 PM None of that was in place during the last meteoric rise and there is no reason why it cannot be repeated next year. The halving always causes a massive pump so accumulate now while you can
Title: Re: Important conditions for the progress of bitcoin Post by: dothebeats on January 17, 2019, 06:59:13 PM I don't understand why people believe that regulation is a necessity for bitcoin to thrive. Even without regulation, bitcoin can still function as a currency as long as people believe in its value. Regulations only became necessary when speculation goes through the roof, and serious influx of cash is happening within the ecosystem. Also, we don't need a central exchange as it will be prone and susceptible to a lot of hacks, which isn't pretty for those who trade on the regular and use the said exchange. Centralization isn't always the answer, as bitcoin had been doing fine and dandy even without regulations years ago.
Title: Re: Important conditions for the progress of bitcoin Post by: deisik on January 17, 2019, 07:21:49 PM I don't understand why people believe that regulation is a necessity for bitcoin to thrive. Even without regulation, bitcoin can still function as a currency as long as people believe in its value. Regulations only became necessary when speculation goes through the roof, and serious influx of cash is happening within the ecosystem. Also, we don't need a central exchange as it will be prone and susceptible to a lot of hacks, which isn't pretty for those who trade on the regular and use the said exchange. Centralization isn't always the answer, as bitcoin had been doing fine and dandy even without regulations years ago I can't say that I strongly believe in that myself but let's say that regulation will make the life of many bitcoiners a lot easier. Without proper regulation, you are going see a lot of scams springing up here and there (as is the case). Well, they are springing up anyway, but in a wisely regulated market, scammers won't feel at ease. It is likely the major reason why we need regulation. Other than that, personally, I don't see a lot of damage in runaway speculation as long as it doesn't lead to runaway exchanges And years ago Bitcoin was virtually unknown to wider public, but times are different now Title: Re: Important conditions for the progress of bitcoin Post by: semobo on January 17, 2019, 08:07:30 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. The bitcoin already got enough recognition but the knowledge behind is not known for many,they just think bitcoin is the money for hackers and technology experts and its not possible to use by common people but they need to be taught even minimal technological knowledge will let anyone to use it.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: tenakha on January 17, 2019, 08:34:51 PM First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. These issues have already existed in recent years and I do not think being unpredictable is related to regulation. Also there is no news about it, only the SEC's decision and IMO, only effect was that the price remained constant at some time intervals. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. I am not in positive opinion about whether investors will take this risk in the present situation. Title: Re: Important conditions for the progress of bitcoin Post by: adzino on January 17, 2019, 08:48:05 PM -snip- First of all, we do not need regulation for bitcoin/cryptocurrencies to be recognized. Regulation would just bring more chaos to the current system. It will some what end up making the currency more centralized system. Although, a light and not so strict regulation might do good.First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. -snip- You second point is also a bit problematic. We do not want the government to be involved in these kind of system. Title: Re: Important conditions for the progress of bitcoin Post by: bettercrypto on January 17, 2019, 11:08:12 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... The point of Bitcoin is that it doesn't need to be recognized by anyone and the only regulation is the rules within the code. If it was any other way, it's value would be 0. Thankfully it isn't the case. I think government recognition is still needed by bitcoin for it to be fully useful in every part of the world. Until most of the governments in the world are banning bitcoin, it will be having a hard time to reach the road to adaption. No technology will prosper fully will grow without government backing up. This is the reality. Title: Re: Important conditions for the progress of bitcoin Post by: cellard on January 20, 2019, 03:15:35 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... The point of Bitcoin is that it doesn't need to be recognized by anyone and the only regulation is the rules within the code. If it was any other way, it's value would be 0. Thankfully it isn't the case. I think government recognition is still needed by bitcoin for it to be fully useful in every part of the world. Until most of the governments in the world are banning bitcoin, it will be having a hard time to reach the road to adaption. No technology will prosper fully will grow without government backing up. This is the reality. But once again, it's deluded to think that all governments are going to support Bitcoin, this is factually impossible at any rate for obvious reasons. Due game theory dynamics, it's always going to be X being friendly while Y being negative and if anything a third option in between. Also when people here say "government" they don't specify which government. Anyway this is a non-issue as I said before, there's going to governments interested in Bitcoin due its unique properties, not necessarily having to do with how fast it. Title: Re: Important conditions for the progress of bitcoin Post by: gowobonyok on March 31, 2019, 02:38:50 AM those are all things that are most expected to make bitcoin survive and develop better. and also, bitcoin must begin to have economic value and can be used for transactions in everyday life.
Title: Re: Important conditions for the progress of bitcoin Post by: goaldigger on March 31, 2019, 04:22:50 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... If the government supports bitcoin and other cryptocurrency then all the good things will follow. It should always start from the very core of the country that it should not be banned at first. This follows the entrepreneur who uses it as a mode of payment then our dreams will all be comd true. Title: Re: Important conditions for the progress of bitcoin Post by: LUCKMCFLY on March 31, 2019, 04:41:54 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... I differ in some statements, such as that bitcoin can not repeat the story, if we see it from the point of view of technical analysis, if it can repeat the story, also according to the Wyckoff philosophy, the market is in the accumulation stage, equal to the What happened in 2014 and lasted until 2017, under which is met: Accumulation Phase, Bullish Tendency Phase and Distribution Phase. The market is driven by speculators, investors, enthusiasts, strong hands, and not all have a lot of money like strong hands, if they decide to drop or knock down the price they can do it, everything can happen, there is nothing written, and in Crypto volatility can be a double-edged sword. Title: Re: Important conditions for the progress of bitcoin Post by: Reid on March 31, 2019, 06:24:46 AM Official exchanger?
Hmm. That will will be centralized of course. I dont think there will be one that will be voted by each country to be a global exchange. Simple. They want to have control with it. They want to know who will be making transactions in and out. Specially when we are talking about large quantities right? It will be a problem which is difficult to solve. It is like looking for world peace. Title: Re: Important conditions for the progress of bitcoin Post by: tonyja2017 on March 31, 2019, 07:11:33 AM We always need a big community to increase the price of BTC. that is obvious but how to call true investors is important.
For the crypto market to grow, blockchain technology needs to be further improved to serve more in the future. That will create a momentum for many investors to participate in the crypto market. Title: Re: Important conditions for the progress of bitcoin Post by: maydna on March 31, 2019, 11:53:27 AM We always need a big community to increase the price of BTC. that is obvious but how to call true investors is important. For the crypto market to grow, blockchain technology needs to be further improved to serve more in the future. That will create a momentum for many investors to participate in the crypto market. We will see a momentum soon, and even the momentum was happening right now as bitcoin price is still on a low price, it will attract more people to come to bitcoin. The exchanger? The government will approve the exchanger, and they will get regulated so that everything will work well in the future. Perhaps, it will not happen in a short time, but I am sure it will happen soon. The blockchain technology itself still develop and improve to better so it could cover every problem that we might see later so it will be a solver from many problems that we already saw. But as I said before, we only need to wait for the right time before everything will running smooth. Yes, we need to keep support bitcoin from now on. Title: Re: Important conditions for the progress of bitcoin Post by: mrdeposit on March 31, 2019, 01:08:32 PM We always need a big community to increase the price of BTC. that is obvious but how to call true investors is important. More people means more opinion. So, the price will increase, but I guess it will be difficult to be like in 2017. in 2017, many people invested money without knowing what it was, and today the situation is very different.For the crypto market to grow, blockchain technology needs to be further improved to serve more in the future. That will create a momentum for many investors to participate in the crypto market. Title: Re: Important conditions for the progress of bitcoin Post by: andriarto on March 31, 2019, 01:28:41 PM We always need a big community to increase the price of BTC. that is obvious but how to call true investors is important. More people means more opinion. So, the price will increase, but I guess it will be difficult to be like in 2017. in 2017, many people invested money without knowing what it was, and today the situation is very different.For the crypto market to grow, blockchain technology needs to be further improved to serve more in the future. That will create a momentum for many investors to participate in the crypto market. Title: Re: Important conditions for the progress of bitcoin Post by: Lucius on March 31, 2019, 01:29:26 PM ~snip~ The history of the bitcoin is repeated, and before you write something like this perhaps it would not be bad to devote a little time to research some facts. Expectations for the vast majority of those who have invested during 2017 & 2018 are completely unrealistic, because they look at things only short-term. When we looking at the history of bitcoin price movement it is very easy to see that today's situation has already existed, with only one difference, and that is the price.In 2011 price is go down from 29$ to only 2$, and in 2012 from 16$ to 7$. If we look further there was 74% drop in 2013 (259$ -> 68$) and then up to 1100$ in the same year. What we have now is just one more event which has its beginning, duration and ending. Regarding regulation, exchanges and governments, only thing that is important that exchanges need to become as secure as possible. Some of them do not do enough for that, so governments have to force them in some way to work on that. This can be seen in the example of Japan which has very strict rules when it comes to security, even some will say this is not good thing. Title: Re: Important conditions for the progress of bitcoin Post by: okala on March 31, 2019, 03:36:21 PM My contradiction is that in the cryptocurrency industry we don't have a government regulated exchange at the moment because no country have publicly come out to pledge it support for cryptocurrency because they see it as volatile and not stable for consumption.
Title: Re: Important conditions for the progress of bitcoin Post by: sheenshane on March 31, 2019, 05:05:29 PM My contradiction is that in the cryptocurrency industry we don't have a government regulated exchange at the moment because no country have publicly come out to pledge it support for cryptocurrency because they see it as volatile and not stable for consumption. Really? There are a lot of factors that affect the economic stability and growth of the bitcoin. There are also so a lot of matters we need to accept and we have to lessen our expectations of it. As of today, Bitcoin is at its bear market condition as the former bitcoin investors were fooled by the Hyip schemes and already thought that bitcoin is a scam because they did not even study it. In my country, if you ask a person about bitcoin, young or old, different professions, what they will tell you is that bitcoin is an investment scheme and this is very disappointing. It affects the growth of the currency and we have to consider it. Title: Re: Important conditions for the progress of bitcoin Post by: Oceat on March 31, 2019, 06:09:44 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... If the government supports bitcoin and other cryptocurrency then all the good things will follow. It should always start from the very core of the country that it should not be banned at first. This follows the entrepreneur who uses it as a mode of payment then our dreams will all be comd true. It doesn't matter if the government banned some cryptocurrency since it is still available worldwide. Besides, there are merchants around the world that would accept every transactions from different location of the country. Title: Re: Important conditions for the progress of bitcoin Post by: deisik on March 31, 2019, 06:45:42 PM If the government supports bitcoin and other cryptocurrency then all the good things will follow. It should always start from the very core of the country that it should not be banned at first. This follows the entrepreneur who uses it as a mode of payment then our dreams will all be comd true. The government may control most of us from feeding us with lies but not everyone would swallow those lies.It doesn't matter if the government banned some cryptocurrency since it is still available worldwide. Besides, there are merchants around the world that would accept every transactions from different location of the country I strongly second this view As one wise bro once said (rumored to be Abraham Lincoln), you can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time. The point is that the truth will inevitably become known in due course just like the power of crypto will be revealed to common people in the end (I'm not preaching). So we should skillfully and subtly take advantage of the forces directed against us by the government and turn globalisation (which is one of the ways to enslave folks around the globe) against that government Title: Re: Important conditions for the progress of bitcoin Post by: Sebas.tian on March 31, 2019, 07:47:44 PM We always need a big community to increase the price of BTC. that is obvious but how to call true investors is important. Indeed, mass adoption is the key to bitcoin's progress. The more people use it and integrate it into its society, the more it will have its value appreciate. Also, if more people knows it, new money will naturally come into the market and the price will increase at be least susceptible to pump and dump.For the crypto market to grow, blockchain technology needs to be further improved to serve more in the future. That will create a momentum for many investors to participate in the crypto market. Title: Re: Important conditions for the progress of bitcoin Post by: Btchunter3333 on March 31, 2019, 08:03:11 PM I think we can have a grow if new investors come and bring money on crypto then we will have a massive grow, even more than was in 2017.
Title: Re: Important conditions for the progress of bitcoin Post by: MakeMoneyBtc on March 31, 2019, 11:01:13 PM Both arguments you brought are not going to be applied and that's because governments don't really like cryptocurrencies and they don't want to work with them. Also bitcoin users don't want governments to get implicated into cryptocurrencies because this would only complicate things and people couldn't use them anymore freely since regulations will be applied to them.
Title: Re: Important conditions for the progress of bitcoin Post by: kamilah147 on March 31, 2019, 11:14:20 PM If you care about the price you just need more new people to buy in. The demand is dropping because people are losing interest in crypto. The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction. I don't think financial institutions will make a big difference either, we already hit 20k without them. many investors are only investing by looking at the price but investment because with the crypto currency indirectly I learned earlier in knowing the development of the economy by using developmentsTitle: Re: Important conditions for the progress of bitcoin Post by: lutfi-hasan on March 31, 2019, 11:25:13 PM Yes, the current market conditions are very bad, because many Investors make panic sales, so prices continue to fall, but at this time prices are very cheap, and we have to wait for the arrival of the big Pope to buy Bitcoin. And this will happen ahead of next year's Hardfork Bitcoin. I am always optimistic.
Title: Re: Important conditions for the progress of bitcoin Post by: passwordnow on April 01, 2019, 02:18:24 AM Being recognized, verified and approved by the government to operate doesn't mean that exchange can flee from attacks. Hackers can attack anytime that they want and to increase and make the security tighter is to increase the security level of the exchanges. I like the idea of being approved and passing of requirements for licensing a local exchange. AFAIK, this is already happening in some countries. And it really helps to change the thought of the people that thinks bitcoin is a scam.
Title: Re: Important conditions for the progress of bitcoin Post by: gudjhonson on April 01, 2019, 03:47:33 AM Hackers are tireless, they always take the opportunity, an important moment with security, safe exchanges are always coveted by everyone who wants to trade. The stock exchange must be safe and the government that accepts crypto will certainly still support and search for the hacker to get the punishment. Crypto must be able to grow and be far from hackers.
Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 01, 2019, 09:51:13 AM Being recognized, verified and approved by the government to operate doesn't mean that exchange can flee from attacks. Hackers can attack anytime that they want and to increase and make the security tighter is to increase the security level of the exchanges In other words, as long as crypto can be stolen, it will be stolen And what adds insult to injury is that all such hacks are almost always left unpunished due to the anonymous nature of cryptocurrencies and irreversibility of cryptocurrency transactions. In this way, government regulation, no matter how strict, won't prevent hacks from happening (as has already been proved in practice), and that's the whole reason why measures against stealing should be taken and implemented on a protocol level As an example, we should be able to set white addresses where coins can be moved from a wallet. For exchange wallets this will effectively and efficiently prevent hacks and thefts even if the keys get compromised Title: Re: Important conditions for the progress of bitcoin Post by: el kaka22 on April 01, 2019, 07:18:37 PM People have been getting hyped for smallest changes and getting sad about the smallest drops so we need to figure out a way to reach out to people who think bitcoin cares about couple hundred dollar changes because it doesn't.
The moment we can make people realize about the "resistance" levels and where they are than we can actually make a difference. When bitcoin goes to $4200 or so people are hyped about the increase but they do not push it a bit forward, they just go "aw it went back down again" well it did because you didn't push it hard enough. If we can somehow manage to break that resistance we can actually go as high as $5700 without any challenge on our path but we never really get together and break that 4200 barrier anywhere. If we can get together all of us bull seekers and use our money to break that $4200 even in one exchange the arbitrage bot traders will take care of the other places anyway. Title: Re: Important conditions for the progress of bitcoin Post by: Bagaji on April 01, 2019, 07:44:16 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Well, you need not to be optimistic about the fact that what Happened to Bitcoin in 2017 cannot repeat itself before end of this year. This is because anything can happen in crypto currency market just the way no one really predict what happened in 2017. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... General adoption of crypto currency should be our main focus and not for a single individual or cooperation to invest large sum of money to bush the market forward as that will be for a short time increase since they can decide to change their minds on the other way round and take profit and there by taking us back to we are before the increase. Title: Re: Important conditions for the progress of bitcoin Post by: dunfida on April 01, 2019, 11:17:42 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Well, you need not to be optimistic about the fact that what Happened to Bitcoin in 2017 cannot repeat itself before end of this year. This is because anything can happen in crypto currency market just the way no one really predict what happened in 2017. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... General adoption of crypto currency should be our main focus and not for a single individual or cooperation to invest large sum of money to bush the market forward as that will be for a short time increase since they can decide to change their minds on the other way round and take profit and there by taking us back to we are before the increase. out if the price is already on that state. We cant really conclude nor presume that movement of prices would be similar on what we have seen on previous years but atleast we have seen that BTC is capable on reaching those points. Title: Re: Important conditions for the progress of bitcoin Post by: Xampeuu on April 02, 2019, 04:34:41 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Well, you need not to be optimistic about the fact that what Happened to Bitcoin in 2017 cannot repeat itself before end of this year. This is because anything can happen in crypto currency market just the way no one really predict what happened in 2017. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... General adoption of crypto currency should be our main focus and not for a single individual or cooperation to invest large sum of money to bush the market forward as that will be for a short time increase since they can decide to change their minds on the other way round and take profit and there by taking us back to we are before the increase. out if the price is already on that state. We cant really conclude nor presume that movement of prices would be similar on what we have seen on previous years but atleast we have seen that BTC is capable on reaching those points. Title: Re: Important conditions for the progress of bitcoin Post by: okala on April 02, 2019, 06:46:12 AM Being recognized, verified and approved by the government to operate doesn't mean that exchange can flee from attacks. Hackers can attack anytime that they want and to increase and make the security tighter is to increase the security level of the exchanges. I like the idea of being approved and passing of requirements for licensing a local exchange. AFAIK, this is already happening in some countries. And it really helps to change the thought of the people that thinks bitcoin is a scam. You are right, government recognition can only do little help because the crypto space is an open market where both the good and the bad come to shop, bitcoin recognized an approved exchange is a good idea and it will help in boosting the confidence of users but that will not stop it from facing the challenges others are facing.Title: Re: Important conditions for the progress of bitcoin Post by: Barbut on April 02, 2019, 08:08:57 AM Being recognized, verified and approved by the government to operate doesn't mean that exchange can flee from attacks. Hackers can attack anytime that they want and to increase and make the security tighter is to increase the security level of the exchanges. I like the idea of being approved and passing of requirements for licensing a local exchange. AFAIK, this is already happening in some countries. And it really helps to change the thought of the people that thinks bitcoin is a scam. You are right, government recognition can only do little help because the crypto space is an open market where both the good and the bad come to shop, bitcoin recognized an approved exchange is a good idea and it will help in boosting the confidence of users but that will not stop it from facing the challenges others are facing.Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 02, 2019, 10:49:26 AM but many experts say that prices will return to the previous place, and that also applies in forex, of course for a period that cannot be determined, no one can predict precisely, but my hope for btc will soon recover to the previous price This is not applicable to speculative assets It is definitely true with respect to assets which are extensively used in the real economy. For example, crude oil is one of these assets and its long-term price is determined by that use. As oil production can't change dramatically and neither can its consumption, the market price of crude oil is bound to return to its average value in due course But this is not the case with mostly speculative assets like cryptocurrencies whose price is not determined by their real-world use but rather speculation mostly (read, it depends on the whimsy of large-scale speculators). Therefore, it can be any and you shouldn't in fact expect it to be around some average value as there is no such value Title: Re: Important conditions for the progress of bitcoin Post by: Ucy on April 03, 2019, 08:27:03 PM Governments regulating cryptocurrency would automatically turn cryptocurrency into fiat.
Why turn crypto into another fiat currency when you already have fiat currencies under your control. Title: Re: Important conditions for the progress of bitcoin Post by: Idoe on April 04, 2019, 05:31:45 AM Hackers do have a lot of sense to be able to steal, but we must be more clever to deal with this and not to be hacked by irresponsible bitcoin. Private keys must remain safe and away from hackers so that unwanted things happen. The most important condition is when bitcoin is valuable and many hackers are eyeing it.
Title: Re: Important conditions for the progress of bitcoin Post by: Choyor on April 04, 2019, 07:17:04 AM The role of government here is very important, meaning that when governments in every country support the existence of Bitcoin, there will be more interest in people to adopt Bitcoin, thus more investors will invest, with the increasing number of Bitcoin adopters and the number of investors, eye demand will increase crypto money that will affect market price movements. and can be sure the future of the crypto currency will be bright.
Title: Re: Important conditions for the progress of bitcoin Post by: eann014 on April 04, 2019, 07:49:23 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. As of now we already see some improvements with bitcoin and I am so excited this year will have a great year for cryptocurrency users and also to the market of it as we all know we encounter long dips in crypto and I think this is the year of pay back time! (I hope so) ;D why not? There is nothing wrong of hoping.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: kyucryp on April 04, 2019, 09:10:07 AM I really agree with your opinion. in my country, regulations regarding crypto currencies are limited to having and we can use them as investments. however, regulations for use in transactions are still prohibited. and so far the crypto currency has only been used as a commodity trading in the crypto market as well as shares in general. thus making the value of the crypto currency always change. if the crypto currency has been officially used like fiat money, then this currency will have a stable value.
Title: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 04, 2019, 09:45:23 AM People have been getting hyped for smallest changes and getting sad about the smallest drops so we need to figure out a way to reach out to people who think bitcoin cares about couple hundred dollar changes because it doesn't. The moment we can make people realize about the "resistance" levels and where they are than we can actually make a difference. When bitcoin goes to $4200 or so people are hyped about the increase but they do not push it a bit forward, they just go "aw it went back down again" well it did because you didn't push it hard enough. If we can somehow manage to break that resistance we can actually go as high as $5700 without any challenge on our path but we never really get together and break that 4200 barrier anywhere. If we can get together all of us bull seekers and use our money to break that $4200 even in one exchange the arbitrage bot traders will take care of the other places anyway. What you suggest to do is a pump, and even if it was possible to do the effect of it would not last long without an influx of new adopters. But first of, it's hard to imagine that this is possible for us to perform. How many Bitcoins do you think we can buy if we summon up all our strength? Looking at the current daily trading volume, 4,343,805 BTC, and at the volumes of major exchanges, we can see that something we can call a significant amount should be around 100,000 BTC, an amount that a whale can sell in a minute. The good news is that Bitcoin is now traded at over $5,000, and this is happening not because someone or a group of people are pumping it, but rather because the amount new adopters can buy is greater than that what whales can sell. Title: Re: Important conditions for the progress of bitcoin Post by: arifteguhr on April 04, 2019, 09:59:06 AM Hackers are tireless, they always take the opportunity, an important moment with security, safe exchanges are always coveted by everyone who wants to trade. The stock exchange must be safe and the government that accepts crypto will certainly still support and search for the hacker to get the punishment. Crypto must be able to grow and be far from hackers. therefore now hackers are aiming for a lot of our assets so what we have to do is how we use strong security so that our assets are destroyed or our assets are not hackedTitle: Re: Important conditions for the progress of bitcoin Post by: Lpim01 on April 04, 2019, 10:38:14 AM Hackers are tireless, they always take the opportunity, an important moment with security, safe exchanges are always coveted by everyone who wants to trade. The stock exchange must be safe and the government that accepts crypto will certainly still support and search for the hacker to get the punishment. Crypto must be able to grow and be far from hackers. therefore now hackers are aiming for a lot of our assets so what we have to do is how we use strong security so that our assets are destroyed or our assets are not hackedTitle: Re: Important conditions for the progress of bitcoin Post by: Cherylstar86 on April 04, 2019, 10:57:00 AM Hackers are tireless, they always take the opportunity, an important moment with security, safe exchanges are always coveted by everyone who wants to trade. The stock exchange must be safe and the government that accepts crypto will certainly still support and search for the hacker to get the punishment. Crypto must be able to grow and be far from hackers. therefore now hackers are aiming for a lot of our assets so what we have to do is how we use strong security so that our assets are destroyed or our assets are not hackedHackers will find ways to track down the account of irresponsible users, because we are communicating through the internet and it is visible for them to break the code, or even if it is located in a safe vault, a big chances it will hack is possible because they are eager to steal your btc, as its value started to pump again. Title: Re: Important conditions for the progress of bitcoin Post by: tarable on April 04, 2019, 11:26:14 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Well, you need not to be optimistic about the fact that what Happened to Bitcoin in 2017 cannot repeat itself before end of this year. This is because anything can happen in crypto currency market just the way no one really predict what happened in 2017. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... General adoption of crypto currency should be our main focus and not for a single individual or cooperation to invest large sum of money to bush the market forward as that will be for a short time increase since they can decide to change their minds on the other way round and take profit and there by taking us back to we are before the increase. out if the price is already on that state. We cant really conclude nor presume that movement of prices would be similar on what we have seen on previous years but atleast we have seen that BTC is capable on reaching those points. Title: Re: Important conditions for the progress of bitcoin Post by: el kaka22 on April 04, 2019, 05:01:00 PM I think the mainstream media has more power than we guys realize. Last time we hit that 20 thousand dollars it wasn't because we found a way to increase the price, it was due to mainstream media sharing the increase of bitcoin every single day, when the media shares it with billions of people all over the world in each country than bitcoin becomes a topic of discussion between everyone and that helps you get much more money.
That is why I think this increase we had is important since it was on newspapers in many countries, if we can increase a bit more than I am sure it will be on TV as well (and I do not mean just economy channels, I mean main news time as well) than we can see it go even higher thanks to new money coming in hearing from the news and media. Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 04, 2019, 05:28:05 PM I think the mainstream media has more power than we guys realize. Last time we hit that 20 thousand dollars it wasn't because we found a way to increase the price, it was due to mainstream media sharing the increase of bitcoin every single day, when the media shares it with billions of people all over the world in each country than bitcoin becomes a topic of discussion between everyone and that helps you get much more money It might have been a one-off thing I mean there is hardly anyone who hasn't yet heard about cryptocurrencies by now, so it is like the law of diminishing returns, i.e. more exposure of general public to crypto via news and mainstream media doesn't necessarily translate into a proportionate increase in investment. Indeed, this is still better than nothing as any publicity is good publicity, but it is not news that make Bitcoin in particular and cryptocurrencies in general useful for a particular purpose Title: Re: Important conditions for the progress of bitcoin Post by: sirminesalot on April 04, 2019, 10:41:54 PM If you care about the price you just need more new people to buy in. The demand is dropping because people are losing interest in crypto. The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction. I don't think financial institutions will make a big difference either, we already hit 20k without them. many factors and many things that can influence the development of crypto currencies, one of which is the considerable interest of these investors and the development of crypto currencies depending on their own investors.Title: Re: Important conditions for the progress of bitcoin Post by: mangsitin on April 04, 2019, 10:57:19 PM An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases.
Title: Re: Important conditions for the progress of bitcoin Post by: Finestream on April 04, 2019, 11:10:58 PM An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases. Exactly.This good news will bring bitcoin into its more expensive value which will be favorable by all investors.Hopefully,we will see bitcoin too supported by governments of different countries which will bring more adoption for bitcoin.This time,bitcoin will be more friendly as it is.Title: Re: Important conditions for the progress of bitcoin Post by: setialovers on April 05, 2019, 01:37:30 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Hard for government to regulate bitcoin because its decentralized cryptocurrency. For exchanger, bitcoin is main and base currency in cryptomarket and most exchanger listed bitcoin in their trading platform. If the meaning of bitcoin progress is the price, i dont think its a good idea because bitcoin price always determined by supply and demand and i am always believe bitcoin is long term investment Title: Re: Important conditions for the progress of bitcoin Post by: umbara ardian on April 05, 2019, 02:37:30 AM An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases. Exactly.This good news will bring bitcoin into its more expensive value which will be favorable by all investors.Hopefully,we will see bitcoin too supported by governments of different countries which will bring more adoption for bitcoin.This time,bitcoin will be more friendly as it is.Title: Re: Important conditions for the progress of bitcoin Post by: Xising on April 05, 2019, 04:13:06 AM There's no need for bitcoin to have an 'official' exchanger. It's even tradable just look for someone who's willing to trade it for you which is the popular way of trading before and the history start through it as p2p. The government can just regulate the exchange itself as a business that operates depending on the ruling of law. These entrepreneurs and institutions are said to come in to the market in an unknown time. Bitcoin's just getting stable and that's what they have been waiting for, they'll come in later. Well, there can also be something good that could come when there is an official exchanger for bitcoins. I think, if that would happen, there would give the people a safer way to exchange their coins and to do transactions without the risk of being hacked or unknowingly giving away ones coins because of unsafe transactions. After all, there have been many news regarding some shady character preying on people who doesn't know much on safekeeping their wallets, with some even losing their coins in falsely made sites to register on them believing they are legit sites. With a common exchange platform, it can help develop protective means in order to make cryptocurrency transactions safer. Title: Re: Important conditions for the progress of bitcoin Post by: rosmerius on April 05, 2019, 07:39:15 AM Indeed positive news has an impact on the price of bitcoin and this also can influence other altcoin movements as well. We really need the news of adoption and the many people who adopt crypto, there will be a lot of competition so that it will be a valuable moment for the future of crypto.
Title: Re: Important conditions for the progress of bitcoin Post by: PlusOne88 on April 05, 2019, 10:29:43 AM Yes certain things do not happen twice exactly to a person who have learned a lot. The year 2017 was quite remarkable as that is the time when the popularity of the coin was really high. When the FUD was eventually breaking his way towards destroying the popularity of bitcoin, people then realizes that few of the investors that have left are slowly creating a downtrend. Now bitcoin settles itself to the most stable price it could be. This does not end it but shows how bitcoin can really survive the bearish market because it is a currency that have been supported by many. Though the hype was no longer that big but some data showed that more individuals are actually using it as of now though the volume could not be so comparable to that of the all time high days but it is continually surging. Consider looking at the reports below. The links showed it is actually going up.
https://www.newsbtc.com/2019/03/04/bitcoin-btc-transaction-volume-nears-all-time-highs-despite-gloomy-market-conditions/ Title: Re: Important conditions for the progress of bitcoin Post by: otong on April 05, 2019, 12:25:55 PM An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases. crypto good news is what we need so far. because crypto's kindness has greatly changed crypto's condition so far. so the current crypto condition is very bad, and not good. Title: Re: Important conditions for the progress of bitcoin Post by: sinta23 on April 05, 2019, 03:02:46 PM An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases. Exactly.This good news will bring bitcoin into its more expensive value which will be favorable by all investors.Hopefully,we will see bitcoin too supported by governments of different countries which will bring more adoption for bitcoin.This time,bitcoin will be more friendly as it is.Title: Re: Important conditions for the progress of bitcoin Post by: toast on April 05, 2019, 03:20:24 PM for important conditions so that bitcoin has increased again is with a lot of good news about bitcoin and many investors who adopt bitcoin also it will make bitcoin quickly experience a price increase if in my opinion
Title: Re: Important conditions for the progress of bitcoin Post by: arpon11 on April 05, 2019, 06:45:09 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Bitcoin and cryptocurrencies market has grow all this while without the regulations and governments involvement in it. I think it will be better for bitcoin and cryptocurrencies to develop on it own because regulations will definitely going to pull it down. Governments and financial regulatory authority could have destroyed it since if not because it is decentralized and most of it transactions are anonymous! I think bitcoin is going to grow once people and society began to understand how important it is to us and that cryptocurrencies is far better than the old financial system we have! I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: Xampeuu on April 06, 2019, 03:50:06 AM for important conditions so that bitcoin has increased again is with a lot of good news about bitcoin and many investors who adopt bitcoin also it will make bitcoin quickly experience a price increase if in my opinion right, good news will have an impact on investors' beliefs, so they start to enter the market and buy bitcoin. I think that with the increasing number of good and scattered news, it will increase the price of BTC, especially if the news comes from the governmentTitle: Re: Important conditions for the progress of bitcoin Post by: Kevin77 on April 06, 2019, 07:26:19 PM I think the most important condition is breaking the resistances and sell orders, there are just waaaay too many of them already established in some prices which really hurts bitcoin but at the same time it makes sure people who are helping us with bull run can profit later on when we break it.
So, between people who are trying to increase the prices and people who are just putting seller orders and leave there is just us that need to decide which one we want to help, now that price went up everyone is rushing to finally selling their coins and profit after a year of not making any money but you are actually hurting the market by not helping it go even higher, whereas the people who sell and not want bitcoin to go up will be happy about that decision. Title: Re: Important conditions for the progress of bitcoin Post by: Adriano2010 on April 06, 2019, 07:49:37 PM Having governments who recognize bitcoin and accept as a measure a payment can be good for bitcoin, but for the price to grow we need more people who invest on it and more people who not sell it as fast as they can. And, yes this year may not be like 2017, but is still a good sign and the price can go up.
Title: Re: Important conditions for the progress of bitcoin Post by: bitgolden on April 06, 2019, 09:35:18 PM Indeed positive news has an impact on the price of bitcoin and this also can influence other altcoin movements as well. We really need the news of adoption and the many people who adopt crypto, there will be a lot of competition so that it will be a valuable moment for the future of crypto. That’s true, it is very important to always spread positive news of Bitcoin, and definitely once the price of Bitcoin is up, it has a great impact on all other altcoin, at least for those of us who have more investments with altcoin. For adoption, it is not even just news, I think this is the reality, so many countries have and are now adopting cryptocurrency, and I think it’s actually important to create more awareness of adopting bitcoins for a secured future.Mass adoptions and then being used as a main-stream payment processor are the things will ensure a continuous progress for bitcoins both in terms of price levels and omni-presenting a payment processor as well. Title: Re: Important conditions for the progress of bitcoin Post by: Dimas99 on April 06, 2019, 10:54:05 PM If you care about the price you just need more new people to buy in. The demand is dropping because people are losing interest in crypto. The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction. I don't think financial institutions will make a big difference either, we already hit 20k without them. I think the development of crypto currencies is from the investors themselves and more and more are interested, maybe the development of the crypto currency will be more rapidTitle: Re: Important conditions for the progress of bitcoin Post by: Distinctin on April 07, 2019, 08:39:29 AM We don't need to repeat history but we can surpass the success of the history.
2017 was the greatest year so far but hasn't been bitcoin not able to break it's ATH? The answer is now, it is capable of, and has done it many times. If bitcoin will be fully regulated then we can expect that only exchanges that are granted license to operate will operate, but this does not eliminate the risk of hacking as we know exchange are vulnerable to it, if they can pattern it to banking that has insurance on deposit, then it would be costly for the traders or investors to use the exchanges. Title: Re: Important conditions for the progress of bitcoin Post by: GregH37 on April 07, 2019, 09:58:23 AM In my own opinion, I would say that Bitcoin already has a good recognition even though not through regulation,so with or without regulation I believe Bitcoin can still stand its ground and it can still be a currency if the value is known by users, Secondly, regulating the exchanges does not stop it from been vulnerable to attacks, maybe an open source decentralized exchange would do, at least there would be a way plenty independence developers can inspect the code.
Lastly, I think Its important for everyone to invest in Bitcoin in their little way, having entrepreneurs only to invest in large amount will make Bitcoin be under their control, its better we encourage everyone to bring in their contribution in form of investment Title: Re: Important conditions for the progress of bitcoin Post by: judyrob on April 07, 2019, 01:25:37 PM The condition of bitcoin is indeed getting better, there have been many countries that have made it grow. We can see that this bitcoin is growing well and continues to increase. It is true that all hope that if bitcoin will be accepted by many countries and have many investors who adopt it.
Title: Re: Important conditions for the progress of bitcoin Post by: Harley29 on April 07, 2019, 06:48:06 PM If you care about the price you just need more new people to buy in. The demand is dropping because people are losing interest in crypto. The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction. I don't think financial institutions will make a big difference either, we already hit 20k without them. I think the development of crypto currencies is from the investors themselves and more and more are interested, maybe the development of the crypto currency will be more rapidTitle: Re: Important conditions for the progress of bitcoin Post by: mornabo on April 07, 2019, 11:43:20 PM for important conditions so that bitcoin has increased again is with a lot of good news about bitcoin and many investors who adopt bitcoin also it will make bitcoin quickly experience a price increase if in my opinion right, good news will have an impact on investors' beliefs, so they start to enter the market and buy bitcoin. I think that with the increasing number of good and scattered news, it will increase the price of BTC, especially if the news comes from the governmentTitle: Re: Important conditions for the progress of bitcoin Post by: xabre on April 08, 2019, 03:49:57 AM Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time.
Title: Re: Important conditions for the progress of bitcoin Post by: andriarto on April 08, 2019, 06:32:25 AM Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time. the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunityTitle: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 08, 2019, 10:00:34 AM I think the most important condition is breaking the resistances and sell orders, there are just waaaay too many of them already established in some prices which really hurts bitcoin but at the same time it makes sure people who are helping us with bull run can profit later on when we break it. So, between people who are trying to increase the prices and people who are just putting seller orders and leave there is just us that need to decide which one we want to help, now that price went up everyone is rushing to finally selling their coins and profit after a year of not making any money but you are actually hurting the market by not helping it go even higher, whereas the people who sell and not want bitcoin to go up will be happy about that decision. I bet most traders have revised their selling orders by now and have modified them. For example, at this moment you will hardly find a selling order below $5,200, and this is so different from what we saw just a week ago, when all exchanges were littered with $4,200, and it looked like we were never going to go over that barrier. Yes, such low selling orders are hurting the market, but they are not killing it, thus making it only stronger. Title: Re: Important conditions for the progress of bitcoin Post by: Cherylstar86 on April 08, 2019, 01:21:57 PM Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time. the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunityBitcoin's condition has shown good aspect of processing the value even in a rapid way and the current situation is important for its development, because it enlightened us to speculate its growth will be persistent. As of now, we have to focus the value of bitcoin will continue to grow accumulately and for the fast progression. Title: Re: Important conditions for the progress of bitcoin Post by: Yamifoud on April 08, 2019, 01:48:13 PM Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time. the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunityBitcoin's condition has shown good aspect of processing the value even in a rapid way and the current situation is important for its development, because it enlightened us to speculate its growth will be persistent. As of now, we have to focus the value of bitcoin will continue to grow accumulately and for the fast progression. Title: Re: Important conditions for the progress of bitcoin Post by: Altero on April 08, 2019, 02:35:11 PM Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time. the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunityBitcoin never have any instances of disappointing us today and I do believe that we will make some huge recoveries from our losses in previous days. Title: Re: Important conditions for the progress of bitcoin Post by: Visbay on April 08, 2019, 07:56:52 PM Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time. the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunityBitcoin's condition has shown good aspect of processing the value even in a rapid way and the current situation is important for its development, because it enlightened us to speculate its growth will be persistent. As of now, we have to focus the value of bitcoin will continue to grow accumulately and for the fast progression. Title: Re: Important conditions for the progress of bitcoin Post by: raven7886 on April 09, 2019, 05:25:55 PM The most important part of our progress if we are talking about the price is the sell pressure we have, if the sellers decide that this price is not proper to sell and just moved their sell orders to a higher price we could reach there much easier but unfortunately any time price goes up a bit the amount of bitcoin sold increases as well because people want to sell with profit right away, we just need to make sure to tell those sellers "you do not have to sell bitcoin at this price, you can wait it go higher" but they have seen bitcoin go down so much that they want to make sure they got out with a profit.
If we are talking about technologically than the dependence of miners is a big issue, we gave all of our rights to couple rich people with a lot of hash power and that will hurt us in the end. Title: Re: Important conditions for the progress of bitcoin Post by: BTCevo on April 10, 2019, 10:53:40 AM I think the most important condition is breaking the resistances and sell orders, there are just waaaay too many of them already established in some prices which really hurts bitcoin but at the same time it makes sure people who are helping us with bull run can profit later on when we break it. So, between people who are trying to increase the prices and people who are just putting seller orders and leave there is just us that need to decide which one we want to help, now that price went up everyone is rushing to finally selling their coins and profit after a year of not making any money but you are actually hurting the market by not helping it go even higher, whereas the people who sell and not want bitcoin to go up will be happy about that decision. I bet most traders have revised their selling orders by now and have modified them. For example, at this moment you will hardly find a selling order below $5,200, and this is so different from what we saw just a week ago, when all exchanges were littered with $4,200, and it looked like we were never going to go over that barrier. Yes, such low selling orders are hurting the market, but they are not killing it, thus making it only stronger. Somehow many of them are going to have this bullish mind already which mean no one are going to sell low, unless they are an active traders. Most of them which is trade a lot sure see this as their opportunity to gain some profits. So it depends on themselves either want to hodl or daily trading. But in anyway bitcoin is having a really good progress now Title: Re: Important conditions for the progress of bitcoin Post by: Tungsten-1 on April 10, 2019, 06:59:45 PM I think the most important condition is breaking the resistances and sell orders, there are just waaaay too many of them already established in some prices which really hurts bitcoin but at the same time it makes sure people who are helping us with bull run can profit later on when we break it. So, between people who are trying to increase the prices and people who are just putting seller orders and leave there is just us that need to decide which one we want to help, now that price went up everyone is rushing to finally selling their coins and profit after a year of not making any money but you are actually hurting the market by not helping it go even higher, whereas the people who sell and not want bitcoin to go up will be happy about that decision. I bet most traders have revised their selling orders by now and have modified them. For example, at this moment you will hardly find a selling order below $5,200, and this is so different from what we saw just a week ago, when all exchanges were littered with $4,200, and it looked like we were never going to go over that barrier. Yes, such low selling orders are hurting the market, but they are not killing it, thus making it only stronger. Somehow many of them are going to have this bullish mind already which mean no one are going to sell low, unless they are an active traders. Most of them which is trade a lot sure see this as their opportunity to gain some profits. So it depends on themselves either want to hodl or daily trading. But in anyway bitcoin is having a really good progress now Title: Re: Important conditions for the progress of bitcoin Post by: ausbit on April 11, 2019, 04:07:38 PM -snip- What you suggest to do is a pump, and even if it was possible to do the effect of it would not last long without an influx of new adopters. But first of, it's hard to imagine that this is possible for us to perform. How many Bitcoins do you think we can buy if we summon up all our strength? Looking at the current daily trading volume, 4,343,805 BTC, and at the volumes of major exchanges, we can see that something we can call a significant amount should be around 100,000 BTC, an amount that a whale can sell in a minute. The good news is that Bitcoin is now traded at over $5,000, and this is happening not because someone or a group of people are pumping it, but rather because the amount new adopters can buy is greater than that what whales can sell. Well, when a tree is being cut off, as long as it wasn't cut off from the root, it will still grow again. What I'm trying to say is that it is not over for Bitcoin yet, and it's still going to grow again. Let's just watch what it is going to happen before this year ends and what will also happen after the halving next year. I'm very sure that there's going to be another bull run that will be bigger than that of 2017, though I feel like this is going to be lasting for ever. Title: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 13, 2019, 09:51:52 AM ~ Well, when a tree is being cut off, as long as it wasn't cut off from the root, it will still grow again. What I'm trying to say is that it is not over for Bitcoin yet, and it's still going to grow again. Let's just watch what it is going to happen before this year ends and what will also happen after the halving next year. I'm very sure that there's going to be another bull run that will be bigger than that of 2017, though I feel like this is going to be lasting for ever. I think you meant to say " though I don't feel like this is going to be lasting for ever." Please re-read your posts after posting them and edit if necessary. From my experience, if this is done within 10 minutes after posting, your post will not even be marked as an edited one. But if you mistakenly omit such words as "don't" or "not", you can ruin an otherwise good post with that. Yes, I agree with you that the next major bull run can be stronger than the previous one in 2017. I think so because such things happened to Bitcoin in the past, and not just once. Title: Re: Important conditions for the progress of bitcoin Post by: binhvo1505 on April 13, 2019, 10:10:08 AM Every day more than $ 15 million BTC is traded daily and we also see its important influence. When blockchain technology is used all over the world, you will find our crypto market more bustling and daily trading volumes can reach trillions of dollars.
Title: Re: Important conditions for the progress of bitcoin Post by: Ailmand on April 13, 2019, 01:14:12 PM I think having bitcoin's own exchanger isn't the only way to support it. I believe that despite having the usual exchanges bitcoin would still strike the best value when the bull run comes. However, developing technology to make things better with bitcoin would be a great advantage.
Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 13, 2019, 05:28:21 PM Yes, I agree with you that the next major bull run can be stronger than the previous one in 2017. I think so because such things happened to Bitcoin in the past, and not just once I'm more pessimistic on this one Let me explain. As I wrote in my previous post, we have only so many people on this planet and only so many got interested in Bitcoin so far (read, there is not much left to gain in this department). So if we are ever going to see a bull run at least remotely comparable to the one we witnessed in 2017, it will be caused by the reasons not even remotely close to those which caused the monumental bull market that year. It might be a gradual adoption of Bitcoin for real use as a means of payment (even though altcoins fit this niche better), people moving from banks to Bitcoin as a store of value en masse, major fiat currencies biting the dust across the continents, etc, but we are unlikely to see again hype and frenzy of the kind we had seen in 2017 Title: Re: Important conditions for the progress of bitcoin Post by: mersal on April 13, 2019, 07:42:14 PM The value from the Bitcoin is like making the profit will be the intention from everyone so if the cryptocurrency will not repeat like 2017 it will definitely achieve something better than that so we don't know about the future but I surely say this year will be the most important for everyone to get the profit with Bitcoin investment.
Title: Re: Important conditions for the progress of bitcoin Post by: whirlcoin on April 13, 2019, 09:01:30 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. the improvement from the side of Bitcoin is also important whether it was not good also the conference will not be reduced by the people that's why we both will coming together and make the good currency investment for the future then the progress of Bitcoin will be easily been there with the help of paper to be successful.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: Finestream on April 13, 2019, 11:37:11 PM I think having bitcoin's own exchanger isn't the only way to support it. I believe that despite having the usual exchanges bitcoin would still strike the best value when the bull run comes. However, developing technology to make things better with bitcoin would be a great advantage. Of course prices would pump so high once bull run comes.But it would be more favorable for bitcoin itself if we will have bitcoin exchanger which is supported by the government.People will become more interested to engage in bitcoin knowing its now becoming legal.The thoughts that bitcoin is just a scam will be no longer entertained because the government had legalized it already.Title: Re: Important conditions for the progress of bitcoin Post by: Pattart on April 14, 2019, 02:05:20 AM Every day more than $ 15 million BTC is traded daily and we also see its important influence. When blockchain technology is used all over the world, you will find our crypto market more bustling and daily trading volumes can reach trillions of dollars. if the market conditions want to continue to progress, we need to increase the volume on the market, we need more than $ 15 million in trade every day, that means we need mass adoption, if that happens the bitcoin progress will occur and market conditions will be very goodTitle: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 14, 2019, 01:31:56 PM Yes, I agree with you that the next major bull run can be stronger than the previous one in 2017. I think so because such things happened to Bitcoin in the past, and not just once I'm more pessimistic on this one Let me explain. As I wrote in my previous post, we have only so many people on this planet and only so many got interested in Bitcoin so far (read, there is not much left to gain in this department). So if we ever going to see a bull run at least remotely comparable to the one we witnessed in 2017, it will be caused by the reasons not even remotely close to those which caused the monumental bull market that year. It might be a gradual adoption of Bitcoin for real use as a means of payment (even though altcoins fit this niche better), people moving from banks to Bitcoin as a store of value en masse, major fiat currencies biting the dust across the continents, etc, but we are unlikely to see again hype and frenzy of the kind we had seen in 2017 There are various estimations regarding how many Bitcoin users are there, and none of them can claim to be accurate one, considering the nature of this currency. However, we have a right to assume that the total number of Bitcoin users can't be greater than the number of Bitcoin wallets, which is 32 million currently. Now, the current world population is 7.7 billion, so we can see that less than 0.5% of the world population are using Bitcoin. My point is, we don't need people moving to Bitcoin "en masse" to see a major bull run. Just 5% would be enough for that. Title: Re: Important conditions for the progress of bitcoin Post by: Ailmand on April 20, 2019, 10:46:59 AM We can't conclude anything because the market and the movement of bitcoin is unstable and volatile. Bitcoin is always surprising and could surpass our expectations. Holders would always support bitcoin because it has passed all the tests of time and we got no reason to doubt about it. I believe that it couldn't repeat it's history because it could actually do more than what it did last bull run.
Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 20, 2019, 06:08:47 PM Yes, I agree with you that the next major bull run can be stronger than the previous one in 2017. I think so because such things happened to Bitcoin in the past, and not just once I'm more pessimistic on this one Let me explain. As I wrote in my previous post, we have only so many people on this planet and only so many got interested in Bitcoin so far (read, there is not much left to gain in this department). So if we ever going to see a bull run at least remotely comparable to the one we witnessed in 2017, it will be caused by the reasons not even remotely close to those which caused the monumental bull market that year. It might be a gradual adoption of Bitcoin for real use as a means of payment (even though altcoins fit this niche better), people moving from banks to Bitcoin as a store of value en masse, major fiat currencies biting the dust across the continents, etc, but we are unlikely to see again hype and frenzy of the kind we had seen in 2017 There are various estimations regarding how many Bitcoin users are there, and none of them can claim to be accurate one, considering the nature of this currency. However, we have a right to assume that the total number of Bitcoin users can't be greater than the number of Bitcoin wallets, which is 32 million currently. Now, the current world population is 7.7 billion, so we can see that less than 0.5% of the world population are using Bitcoin. My point is, we don't need people moving to Bitcoin "en masse" to see a major bull run. Just 5% would be enough for that Then it is a moot point really If I was to follow your logic to its ultimate conclusion (you can call that climax, though anticlimax would fit better), I would say that for a bull run (i.e. to see the effects of a bull run), we don't need even 5% as only a couple of deep pockets would do just wonders in this regard provided they persist at it. But is this really what we are looking for or are we actually looking for real adoption, let me repeat, en masse? It seems to me that many a little makes a mickle, and it would be a preferred way of development to see Bitcoin adopted by the mass public ("en masse") even if their contribution would be small on a per-capita basis, so to speak. In more mundane terms, we don't so much need deep pockets as regular Janes and Joes getting their feet wet with cryptocurrencies. And this is exactly where Bitcoin has been bitterly failing so far Title: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 21, 2019, 08:33:48 AM ~ If I was to follow your logic to its ultimate conclusion (you can call that climax, though anticlimax would fit better), I would say that for a bull run (i.e. to see the effects of a bull run), we don't need even 5% as only a couple of deep pockets would do just wonders in this regard provided they persist at it. Those pockets must be very deep, I mean with billions of USD. I wouldn't mind of course, but in reality it's easier to imagine millions of regular folks buying $1,000 worth of BTC each, than a couple of billionaires buying Bitcoin with all the money they have. But is this really what we are looking for or are we actually looking for real adoption, let me repeat, en masse? It seems to me that many a little makes a mickle, and it would be a preferred way of development to see Bitcoin adopted by the mass public ("en masse") even if their contribution would be small on a per-capita basis, so to speak. In more mundane terms, we don't so much need deep pockets as regular Janes and Joes getting their feet wet with cryptocurrencies. And this is exactly where Bitcoin has been bitterly failing so far I absolutely agree with you, the more adopters the better. I'm just saying that even 5% of the world population would be enough for another major bull run. Title: Re: Important conditions for the progress of bitcoin Post by: Karmakid on April 21, 2019, 10:55:04 AM We can't conclude anything because the market and the movement of bitcoin is unstable and volatile. Bitcoin is always surprising and could surpass our expectations. Holders would always support bitcoin because it has passed all the tests of time and we got no reason to doubt about it. I believe that it couldn't repeat it's history because it could actually do more than what it did last bull run. I am also bullish with bitcoin and I also believed that it can do better from the last all time high. One of the important conditions for the progress of bitcoin to be stable is to have no manipulators in the market because it is one of the contributors of massive price movement which is not an organic growth for a solid investment.Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 22, 2019, 05:11:25 AM ~ If I was to follow your logic to its ultimate conclusion (you can call that climax, though anticlimax would fit better), I would say that for a bull run (i.e. to see the effects of a bull run), we don't need even 5% as only a couple of deep pockets would do just wonders in this regard provided they persist at it. Those pockets must be very deep, I mean with billions of USD. I wouldn't mind of course, but in reality it's easier to imagine millions of regular folks buying $1,000 worth of BTC each, than a couple of billionaires buying Bitcoin with all the money they have Well, that claim needs a thorough check Really, if it took Bitfinex only 2 billion tethers to drive the prices up to 20k, a couple of billionaires could easily move the price up a few thousand dollars (which could count as a good bull run) without making a substantial dent in their wealth figures. In fact, we don't and can't know for certain how much is actually needed to change the price for, say, 1 dollar at any given price (only in hindsight). And the amount required may well be below what we would assume otherwise But is this really what we are looking for or are we actually looking for real adoption, let me repeat, en masse? It seems to me that many a little makes a mickle, and it would be a preferred way of development to see Bitcoin adopted by the mass public ("en masse") even if their contribution would be small on a per-capita basis, so to speak. In more mundane terms, we don't so much need deep pockets as regular Janes and Joes getting their feet wet with cryptocurrencies. And this is exactly where Bitcoin has been bitterly failing so far I absolutely agree with you, the more adopters the better. I'm just saying that even 5% of the world population would be enough for another major bull run Okay then. Though I wouldn't call that a bull run as mass adoption doesn't necessarily mean higher prices (at least not in the sense a bull run suggests). If you ask me, more adoption would most certainly mean more stable prices, not them skyrocketing in a short while (though it remains to be seen) Title: Re: Important conditions for the progress of bitcoin Post by: Vaculin on April 22, 2019, 05:22:05 AM We can't conclude anything because the market and the movement of bitcoin is unstable and volatile. Bitcoin is always surprising and could surpass our expectations. Holders would always support bitcoin because it has passed all the tests of time and we got no reason to doubt about it. I believe that it couldn't repeat it's history because it could actually do more than what it did last bull run. I am also bullish with bitcoin and I also believed that it can do better from the last all time high. One of the important conditions for the progress of bitcoin to be stable is to have no manipulators in the market because it is one of the contributors of massive price movement which is not an organic growth for a solid investment.Title: Re: Important conditions for the progress of bitcoin Post by: Horas1976 on April 22, 2019, 09:21:01 AM We will see that bitcoin will have good and important conditions to continue to follow. The development of bitcoin is highly anticipated and has a community that will maintain its existence. Optimism from the community will make bitcoin more valuable.
Title: Re: Important conditions for the progress of bitcoin Post by: Sahyadri on April 22, 2019, 01:08:35 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Bitcoin is already well known across the globe now and it has already reach the optimum level of $20k and have the potential to reach that point once again.Only new investors have taken out their money and soon they will invest in when prices start to skyrocket once more.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 22, 2019, 01:27:36 PM ~ Though I wouldn't call that a bull run as mass adoption doesn't necessarily means higher prices (at least not in the sense a bull run suggests). If you ask me, more adoption would most certainly mean more stable prices, not them skyrocketing in a short while (though it remains to be seen) The more people are using Bitcoin the more stable its price, that's for certain. However, in the beginning of mass adoption the price will be rising until the influx is decreased almost completely. After that the price is going to be more stable than it has ever been because the whales (if any of them will remain by that time) will be unable to manipulate the market to an extent they could before the mass adoption. Title: Re: Important conditions for the progress of bitcoin Post by: senne on April 22, 2019, 01:36:27 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I strictly don't believe in the line that 2017 will not repeat. Have you studied btc charts? Look at the drop in 2013 and 2015. Many people left crypto because of those dumps. Same did happen in 2018. Bitcoin has relatively low volume than many of the financial assets. These extensive corrections are needed for the organic growth. 2017 price pump was manipulated indeed. But we can pretty much reach that price point and even more organically. The supply is limited to 21 million and it's nothing as compared to population we are targeting. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 22, 2019, 05:25:13 PM The more people are using Bitcoin the more stable its price, that's for certain. However, in the beginning of mass adoption the price will be rising until the influx is decreased almost completely. After that the price is going to be more stable than it has ever been because the whales (if any of them will remain by that time) will be unable to manipulate the market to an extent they could before the mass adoption But there's another pitfall If mass adoption is followed by a substantial rise in prices (technically, it holds true even if the price remains the same but to a lesser degree in the latter case), which is a plausible assumption in itself, it should at least theoretically lead to higher volatility as market supply remains the same (actually, it should even diminish due to expansion in adoption) and thus less amount of money is required to change the price in either direction. In other words, there will be more and more "whales" sticking around orderbooks as the price keeps on rising Title: Re: Important conditions for the progress of bitcoin Post by: metalglowd on April 22, 2019, 06:29:30 PM -snip- First of all, we do not need regulation for bitcoin/cryptocurrencies to be recognized. Regulation would just bring more chaos to the current system. It will some what end up making the currency more centralized system. Although, a light and not so strict regulation might do good.First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. -snip- You second point is also a bit problematic. We do not want the government to be involved in these kind of system. Previously I also thought about the same thing, but if we look again for the future, this regulation will actually have many benefits, especially if we are dealing with political / governmental matters. if we allow without regulation, the government will instead choose to ban rather than just let it. I'm also not sure if they will allow crypto to just let it go without them taking any advantages from us Title: Re: Important conditions for the progress of bitcoin Post by: 0t3p0t on April 22, 2019, 11:49:28 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... The point of Bitcoin is that it doesn't need to be recognized by anyone and the only regulation is the rules within the code. If it was any other way, it's value would be 0. Thankfully it isn't the case. Of course having governments on your side makes it a smooth ride compared to having them trying to destroy you 24/7, but due game theory this will always be the case. Some governments will benefit from being Bitcoin friendly and others will benefit from trying to get rid of it. In my book the net result is that Bitcoin friendly governments will benefit the most long term since the rich bitcoiners will pay taxes there to buy properties specially in 10 years when current holders are rich as f*ck. Also govs themselves will benefit by having Bitcoin reserves. Title: Re: Important conditions for the progress of bitcoin Post by: nur rochid on April 23, 2019, 02:22:30 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... The point of Bitcoin is that it doesn't need to be recognized by anyone and the only regulation is the rules within the code. If it was any other way, it's value would be 0. Thankfully it isn't the case. Of course having governments on your side makes it a smooth ride compared to having them trying to destroy you 24/7, but due game theory this will always be the case. Some governments will benefit from being Bitcoin friendly and others will benefit from trying to get rid of it. In my book the net result is that Bitcoin friendly governments will benefit the most long term since the rich bitcoiners will pay taxes there to buy properties specially in 10 years when current holders are rich as f*ck. Also govs themselves will benefit by having Bitcoin reserves. Title: Re: Important conditions for the progress of bitcoin Post by: Choyor on April 23, 2019, 09:42:13 AM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin.
Title: Re: Important conditions for the progress of bitcoin Post by: GregH37 on April 23, 2019, 11:07:56 AM Bitcoin is already well known across the globe now and it has already reach the optimum level of $20k and have the potential to reach that point once again.Only new investors have taken out their money and soon they will invest in when prices start to skyrocket once more. The knowledge of Bitcoin is still far from being known, the increase you witnessed then was caused by some group of whales and out of FOMO, few people with money that needs to be multiplied are the ones that pushed the price further, in order to benefit from it and sell off.The natural way we can experience growth of BTC price to its ATH I when we have more people adopt BTC and keeps bringing in their money, if what we are expecting to push BTC up was based on the past money gotten by some investors, they I think we still have long way to go, because virtually those investors have spent the money. We still need to do more work and start creating awareness, instead of just assuming that the whole globe already knows about BTC. Title: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 23, 2019, 11:35:25 AM The more people are using Bitcoin the more stable its price, that's for certain. However, in the beginning of mass adoption the price will be rising until the influx is decreased almost completely. After that the price is going to be more stable than it has ever been because the whales (if any of them will remain by that time) will be unable to manipulate the market to an extent they could before the mass adoption But there's another pitfall If mass adoption is followed by a substantial rise in prices (technically, it holds true even if the price remains the same but to a lesser degree in the latter case), which is a plausible assumption in itself, it should at least theoretically lead to higher volatility as market supply remains the same (actually, it should even diminish due to expansion in adoption) and thus less amount of money is required to change the price in either direction. In other words, there will be more and more "whales" sticking around orderbooks as the price keeps on rising That's an interesting perspective. However, if the mass adoption happens, I think the main source of BTC for new adopters will be the funds of the "whales". It is them who are first to sell when the price is rising, and in some cases, because of that, the price is staying at the same level even though many new people are buying BTC, and in other cases the price is going down because the amount the whales are selling is greater than that what all the new adopters are buying combined. I don't blame the whales, maybe I would behave the same way being them, because it's very tempting when you can get a million USD by selling just a tiny part of the coins you possess. But sooner or later they will come to a point when there will be nothing much to sell. And beginning from that point Bitcoin price can first skyrocket and then stabilize at some pretty high level compared to what we have now. Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 23, 2019, 06:31:28 PM The more people are using Bitcoin the more stable its price, that's for certain. However, in the beginning of mass adoption the price will be rising until the influx is decreased almost completely. After that the price is going to be more stable than it has ever been because the whales (if any of them will remain by that time) will be unable to manipulate the market to an extent they could before the mass adoption But there's another pitfall If mass adoption is followed by a substantial rise in prices (technically, it holds true even if the price remains the same but to a lesser degree in the latter case), which is a plausible assumption in itself, it should at least theoretically lead to higher volatility as market supply remains the same (actually, it should even diminish due to expansion in adoption) and thus less amount of money is required to change the price in either direction. In other words, there will be more and more "whales" sticking around orderbooks as the price keeps on rising That's an interesting perspective. However, if the mass adoption happens, I think the main source of BTC for new adopters will be the funds of the "whales". It is them who are first to sell when the price is rising Well, I can't agree with that If anything, the whales seem to be the last to sell if there is a small price rise. Really, they are already pretty well off, so why should they care if the price rises a couple percent? It just happens that there is not enough demand yet to overcome small sellers and the resistance they put up, i.e. those who desperately want to sell for whatever reason (most likely, for the need of cash). Anyway, have you heard of the twins selling their bitcoins? Neither have I, and I think it is along the same lines with other whales out there And beginning from that point Bitcoin price can first skyrocket and then stabilize at some pretty high level compared to what we have now The only possible way Bitcoin can "freeze" is when the total majority of coins is used in the real world. Then the emptiness of the orderbooks won't mean anything as no one will be trading. But that situation looks like a wild fantasy to me (read, it is impossible) Title: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 24, 2019, 01:45:27 PM ~ If anything, the whales seem to be the last to sell if there is a small price rise. Really, they are already pretty well off, so why should they care if the price rises a couple percent? Considering human nature, there is no such thing as being "well off". First you want a Lambo, then you want a private jet, then you want to buy an island or to construct one, and so on. Why should they care? Well, they are not stupid, they don't want to sell their coins cheap, regardless of how much they have. It just happens that there is not enough demand yet to overcome small sellers and the resistance they put up, i.e. those who desperately want to sell for whatever reason (most likely, for the need of cash). You and I will never agree on this one, I guess, because, in my opinion, those selling for the need of cash contribute very insignificantly in the overall selling. Let me explain. Say, a million (I'm sure this number is much smaller, but let's take the upper limit) of the current BTC holders are selling $1,000 worth of BTC each week. That would amount to $1 billion worth of BTC sold each week. Not that much, considering Bitcoin weekly trading volume, right? Anyway, have you heard of the twins selling their bitcoins? Neither have I, and I think it is along the same lines with other whales out there Being them, I wouldn't announce to the world every time I'm selling BTC, and I think neither would you. So, actually we can't know for sure whether they are selling or not. Title: Re: Important conditions for the progress of bitcoin Post by: MakeMoneyBtc on April 24, 2019, 01:55:50 PM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Its not enough to attract people to buy if you dont teach them about how bitcoin works because the same way that they buy they will also sell it and this will only do much worse to bitcoin market. If you attract people to buy just for the purpose of increasing the price, that will only lead to having more newbies into crypto seeking just profit and thats never good if we need bitcoin to progress more.Title: Re: Important conditions for the progress of bitcoin Post by: Hardtolife on April 24, 2019, 02:15:05 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. in my opinion the most important factor is that the price of bitcoin cannot be stable at least slightly up and down so people who want to invest are also not afraid to lose if the price is stable. and I hope more and more countries will allow bitcoin as a payment tool and simplify requirements.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... And it is expected that many who support bitcoin will be more advanced. Title: Re: Important conditions for the progress of bitcoin Post by: alyssa85 on April 24, 2019, 02:15:40 PM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Its not enough to attract people to buy if you dont teach them about how bitcoin works because the same way that they buy they will also sell it and this will only do much worse to bitcoin market. If you attract people to buy just for the purpose of increasing the price, that will only lead to having more newbies into crypto seeking just profit and thats never good if we need bitcoin to progress more.People don't need to understand how things work in order to use them. How many people understand how email works (the way the pioneers did back in 1990)? Adoption happened when AOL made a nice user interface that handled all the back-end stuff, and people then started using email in their droves. Once Coinbase and others make it easy to use bitcoin, it will take off. Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 24, 2019, 03:26:59 PM ~ If anything, the whales seem to be the last to sell if there is a small price rise. Really, they are already pretty well off, so why should they care if the price rises a couple percent? Considering human nature, there is no such thing as being "well off". First you want a Lambo, then you want a private jet, then you want to buy an island or to construct one, and so on. Why should they care? Well, they are not stupid, they don't want to sell their coins cheap, regardless of how much they have Are you a whale yourself? If you are not, then you can't actually tell what they really think. To understand a millionaire and his actions (or should I rather say a billionaire here?), you should be the one yourself. Anyway, Bitcoin is more of a store of value than a means of exchange (Lambo included), and I'm sure these folks have enough cash on hand for their daily expenses (whatever those might be) Say, a million (I'm sure this number is much smaller, but let's take the upper limit) of the current BTC holders are selling $1,000 worth of BTC each week. That would amount to $1 billion worth of BTC sold each week. Not that much, considering Bitcoin weekly trading volume, right? Selling 1k every week amounts to selling over 4k a month. This is not a small amount even by the first world standards. And I'm not sure about 1 million sellers, either Anyway, have you heard of the twins selling their bitcoins? Neither have I, and I think it is along the same lines with other whales out there Being them, I wouldn't announce to the world every time I'm selling BTC, and I think neither would you. So, actually we can't know for sure whether they are selling or not You are not them, to begin with But that's the power of the blockchain. Once you make your wallet known to the world (if you are one of the twins, or both), thousands of preying and prying eyes will be watching it day and night Title: Re: Important conditions for the progress of bitcoin Post by: beerlover on April 25, 2019, 06:47:16 AM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. People that need to be attracted now are ones that are financially buoyant, because those are the ones that really can make positive impact on the price of Bitcoin. So, the people we need to work on and attract now are those who plays big time roles in the economy, we need large institutions, government, celebrities and people that are very rich.It is not that the system is limited to the commoners; they are the one that will benefit more from these, because they do invest with little money and you know that little money is not enough to speed up things, that little money will be multiplied by the major players if they can all come into the system now. Title: Re: Important conditions for the progress of bitcoin Post by: Betwrong on April 28, 2019, 11:16:33 AM Are you a whale yourself? You know, I'm not, right? :) If you are not, then you can't actually tell what they really think. To understand a millionaire and his actions (or should I rather say a billionaire here?), you should be the one yourself. ~ No, you shouldn't. If that was the case, - no serial killer would be caught by police. Those killers are caught exactly because police detectives can figure out the way they think, and thus can predict their next moves. - Engels and Marx, being rich people themselves, wouldn't be able to write the Communist Manifesto, which poor people adored so much. - crooks from poor background wouldn't be able to perform their tricks on the rich people, and so on. Selling 1k every week amounts to selling over 4k a month. This is not a small amount even by the first world standards. And I'm not sure about 1 million sellers, either Exactly. That is my point. People selling their BTC for the need of cash, can't affect the price moves significantly. Title: Re: Important conditions for the progress of bitcoin Post by: anthon.stephens on April 28, 2019, 11:58:30 AM The main condition is the cost of mining should give a profit of at least 20% per annum.
Title: Re: Important conditions for the progress of bitcoin Post by: deisik on April 28, 2019, 12:24:42 PM Just asking If you are not, then you can't actually tell what they really think. To understand a millionaire and his actions (or should I rather say a billionaire here?), you should be the one yourself. ~ No, you shouldn't. If that was the case, - no serial killer would be caught by police. Those killers are caught exactly because police detectives can figure out the way they think, and thus can predict their next moves. - Engels and Marx, being rich people themselves, wouldn't be able to write the Communist Manifesto, which poor people adored so much You are wrong on so many grounds First off, police do consult with psychiatrists as well as condemned serial killers (this is not a secret) on the cases in question and with exactly that aim in mind, i.e. to get better understanding of serial killers' ways and figuring out the way they think. And then, Marx himself was as poor as a church mouse. It was the rich Engels who provided for his sustenance. Other than that, economic theories of Marx are full of crap (for example, his labor theory of value), which actually proves my point - crooks from poor background wouldn't be able to perform their tricks on the rich people, and so on In fact, I don't really know if such crooks can actually play out their tricks on wealthy people, especially those who are self-made wealthy, so to speak Title: Re: Important conditions for the progress of bitcoin Post by: BeGoods on April 28, 2019, 12:58:04 PM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Attracting people is not enough, because we need a big adoption, not only the adoption of 1 or 2 people, if you want to see progress quickly happen, we need legality from the government, it is very important for progress and adoption of bitcoin.. Title: Re: Important conditions for the progress of bitcoin Post by: mornabo on April 28, 2019, 02:07:36 PM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Its not enough to attract people to buy if you dont teach them about how bitcoin works because the same way that they buy they will also sell it and this will only do much worse to bitcoin market. If you attract people to buy just for the purpose of increasing the price, that will only lead to having more newbies into crypto seeking just profit and thats never good if we need bitcoin to progress more.Title: Re: Important conditions for the progress of bitcoin Post by: JohnBitCo on April 28, 2019, 03:46:13 PM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Demand of bitcoin will make the price of bitcoin reach to the new levels. The main thing which we need to ensure is that bitcoin should be less volatile and not manipulated by he whales. When bitcoin will be stable, a lot many people will come into it and it will be really used as a currency. Title: Re: Important conditions for the progress of bitcoin Post by: OrangeSeller on May 04, 2019, 06:58:32 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Nice one,. Okay, thanks, but why are you still here since you know that it is not going to repeat? I think you should quit and also leave the forum, instead of looking for people you’re going to deceive. You deceive others to pull out while you continue to hodl yours and wait for bull run. And I hope you’re in shock right now, cause the price is already going up. Some of you say sh#ts that you know nothing about. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: prtty2gal2 on May 06, 2019, 11:39:52 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Nice one,. Okay, thanks, but why are you still here since you know that it is not going to repeat? I think you should quit and also leave the forum, instead of looking for people you’re going to deceive. You deceive others to pull out while you continue to hodl yours and wait for bull run. And I hope you’re in shock right now, cause the price is already going up. Some of you say sh#ts that you know nothing about. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... He has only made us to know that we should not expect much from 2019, as we still have a lot of fundamental factors that needs to be out in place and corrected for us to witness what we witnessed in 2017, so we have to all join our efforts together with large institutions by making this possible through our investment, that is the point I get from his article. Title: Re: Important conditions for the progress of bitcoin Post by: Finestream on May 06, 2019, 03:24:22 PM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Demand of bitcoin will make the price of bitcoin reach to the new levels. The main thing which we need to ensure is that bitcoin should be less volatile and not manipulated by he whales. When bitcoin will be stable, a lot many people will come into it and it will be really used as a currency. Title: Re: Important conditions for the progress of bitcoin Post by: Pattart on May 07, 2019, 04:08:04 AM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Demand of bitcoin will make the price of bitcoin reach to the new levels. The main thing which we need to ensure is that bitcoin should be less volatile and not manipulated by he whales. When bitcoin will be stable, a lot many people will come into it and it will be really used as a currency. Title: Re: Important conditions for the progress of bitcoin Post by: upsidedown75 on May 09, 2019, 09:45:52 AM We only need to attract people to buy, because as we know that the positive movement of the market is influenced by the number of requests and if the demand decreases that means the market situation will decrease so that it also affects the value of Bitcoin. Demand of bitcoin will make the price of bitcoin reach to the new levels. The main thing which we need to ensure is that bitcoin should be less volatile and not manipulated by he whales. When bitcoin will be stable, a lot many people will come into it and it will be really used as a currency. People, institutions and investors will rely more on the system and will make them see a better future in it, thereby leading to them holding and keeping their coins in the market for so long without touching it or dumping it, if we don’t have investment dumping, then price may become quite stable, but not that we will still not see some volatility, just would not be as much as when it was not regulated. Title: Re: Important conditions for the progress of bitcoin Post by: daarul50 on May 09, 2019, 11:29:07 AM I think I will follow that line of thought too that prices may become stable when government regulate it because there will also be some laws guarding against some movement just like they did in stock exchanges and aside that, confidence is in the system is what will make the prices stabilize. If global regulations are applied related to bitcoin, then this is very contrary to the principles in bitcoin. Bitcoin does not need regulation but requires an acknowledgment and support from all governments in the world as another option in a transaction.People, institutions and investors will rely more on the system and will make them see a better future in it, thereby leading to them holding and keeping their coins in the market for so long without touching it or dumping it, if we don’t have investment dumping, then price may become quite stable, but not that we will still not see some volatility, just would not be as much as when it was not regulated. Title: Re: Important conditions for the progress of bitcoin Post by: deisik on May 09, 2019, 04:29:23 PM I think I will follow that line of thought too that prices may become stable when government regulate it because there will also be some laws guarding against some movement just like they did in stock exchanges and aside that, confidence is in the system is what will make the prices stabilize That doesn't feel right at all From a historical perspective, when a government tries to regulate the exchange rates of a local currency, it typically means there are some severe issues with that currency. In simple terms, such regulation (e.g. fixed prices and exchange rates) is almost always counterproductive and usually precedes the abrupt and complete destruction of the currency, which it aims to prevent but never succeeds as it simply doesn't work that way. It just buys some time, but not much anyway Title: Re: Important conditions for the progress of bitcoin Post by: zidanw on May 09, 2019, 05:01:56 PM I think I will follow that line of thought too that prices may become stable when government regulate it because there will also be some laws guarding against some movement just like they did in stock exchanges and aside that, confidence is in the system is what will make the prices stabilize. If global regulations are applied related to bitcoin, then this is very contrary to the principles in bitcoin. Bitcoin does not need regulation but requires an acknowledgment and support from all governments in the world as another option in a transaction.People, institutions and investors will rely more on the system and will make them see a better future in it, thereby leading to them holding and keeping their coins in the market for so long without touching it or dumping it, if we don’t have investment dumping, then price may become quite stable, but not that we will still not see some volatility, just would not be as much as when it was not regulated. Title: Re: Important conditions for the progress of bitcoin Post by: Activitycoin on May 10, 2019, 09:10:46 PM I think I will follow that line of thought too that prices may become stable when government regulate it because there will also be some laws guarding against some movement just like they did in stock exchanges and aside that, confidence is in the system is what will make the prices stabilize. If global regulations are applied related to bitcoin, then this is very contrary to the principles in bitcoin. Bitcoin does not need regulation but requires an acknowledgment and support from all governments in the world as another option in a transaction.People, institutions and investors will rely more on the system and will make them see a better future in it, thereby leading to them holding and keeping their coins in the market for so long without touching it or dumping it, if we don’t have investment dumping, then price may become quite stable, but not that we will still not see some volatility, just would not be as much as when it was not regulated. Title: Re: Important conditions for the progress of bitcoin Post by: davinchi on May 13, 2019, 10:21:26 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Your post is really confusing, you just don't know what you're saying here. First you said what happened in 2017 cannot repeat itself, then at last you're talking about entrepreneurs investing in bitcoin to support the price movement in going up. Isn't that the same thing as what happened in 2017? Prices going up, that's what you want and that's the same thing that happened in 2017. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Same thing has already started this year, the price has been going up slow and steady since April and the way I see it, it's not stopping anytime soon. And mind you, no matter how much people tries to invest, that doesn't mean there wouldn't be a time the price would fall, cause as people are investing, there will also be those who are selling theirs. Title: Re: Important conditions for the progress of bitcoin Post by: Rufsilf on June 08, 2019, 11:35:39 PM Without the help of any of recognition and regulation alone bitcoin have survived for last 10 years and peaked up to $~20k. Hence, why should we expect those after the mid way. More importantly 2017 does not need to be repeated but something better than 2017 will be repeated for sure. Just fasten your belts, next halving will be in less than 18 months. Bitcoin's basics and fundamentals are more than enough for another new ATH. Indeed bitcoin was able to survive for 10 years and even reached to $20k without much adoption yet in 2017 but being regulated or with governments to back it up it will help in the adoption of bitcoin and it will not only affect us bitcoin holder but also the government to have bitcoin reserve. What happen in 2017 is amazing but all bitcoin holders is hoping that bitcoin will reached $20k or more in the coming months or years. Though we see a dump in the price this month but with a lot of people investing in bitcoin it will surely help for the price to rise up. Title: Re: Important conditions for the progress of bitcoin Post by: Adriano2010 on June 09, 2019, 01:02:32 PM For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto.
Title: Re: Important conditions for the progress of bitcoin Post by: freedomgo on June 10, 2019, 02:39:18 AM For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto. We have to be optimistic on the future of crypto, most of us here are investing in bitcoin because it's cheaper now compared to the price we envision it will reach in the future. Mass adoption could happen, but it's more likely to be realize if crypto will be regulated, otherwise people won't hesitate using it. Title: Re: Important conditions for the progress of bitcoin Post by: awik p on June 10, 2019, 06:45:19 AM For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto. We have to be optimistic on the future of crypto, most of us here are investing in bitcoin because it's cheaper now compared to the price we envision it will reach in the future. Mass adoption could happen, but it's more likely to be realize if crypto will be regulated, otherwise people won't hesitate using it. Title: Re: Important conditions for the progress of bitcoin Post by: davis196 on June 10, 2019, 12:15:10 PM Quote The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. Why only one "official exchange" in every country?Sounds like a monopoly to me. I think it would be nice if every country has a crypto regulation agency that works with the crypto industry only.This will bring more clarity to the regulatory environment. Title: Re: Important conditions for the progress of bitcoin Post by: Prettyme on June 10, 2019, 12:35:17 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... 2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017. Title: Re: Important conditions for the progress of bitcoin Post by: jonaire99 on June 11, 2019, 08:12:44 AM The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs.
Title: Re: Important conditions for the progress of bitcoin Post by: Suslura on June 11, 2019, 06:41:48 PM in any case, Bitcoin is the pioneer of the cryptocurrency market, and any parity has a high price. In addition, if Bitcoin is actually used for its intended purpose, then its value will only strengthen. But we still have to pay attention to such projects, which not only is interested in, but also enjoys almost everything. Already in the autumn of this year, Telegram announced the launch of its personal blockchain.
Title: Re: Important conditions for the progress of bitcoin Post by: wahyu wida on June 12, 2019, 02:14:45 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... 2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017. Title: Re: Important conditions for the progress of bitcoin Post by: reality18 on June 12, 2019, 03:33:55 AM For a coin to see progress, it means the buy orders must always exceed the selling orders which means investors must always be trooping or the coin must be a good target for traders. How can investors or traders attention get drawn to a coin in order to improve the community of the project? The answer is just simple - through awareness creation.
The same principle applies to Bitcoin. For new investors to join and raise the demand, Bitcoiners must create more awareness to the globe, witnessing the advantages of Bitcoin to our contemporary world especially in the field of finance. Title: Re: Important conditions for the progress of bitcoin Post by: Cherylstar86 on June 12, 2019, 06:44:01 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... 2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017. Title: Re: Important conditions for the progress of bitcoin Post by: Moiyah on June 12, 2019, 12:21:35 PM Many are speculating that 2017 history seems to repeat itself this year. The graph is almost the same as those of 2017 graph. But who knows? There are many possibilities to happen now. There are many progressive happenings about bitcoin. As you can see, many establishments and merchants are showing their support by accepting btc as a payments. That's a one step forward for adoption. And the development of price is also increasing. Showing support with bitcoin by using it and patronizing it is the least we can do.
Title: Re: Important conditions for the progress of bitcoin Post by: ricardobs on June 12, 2019, 12:32:35 PM Funny thing is that a lot of people are pretending that they want the price of bitcoin to become stable, but these same people are the ones that will still come to ask you when the price of bitcoin will be going up cause they have HODL for a long time and feel they deserve to make enough profit. People are really confused and don't know what they want. They better admit it that what they want is for the price to be volatile, though out of greediness they only want the price to be going up only and nothing else.
Title: Re: Important conditions for the progress of bitcoin Post by: Best Dreams on June 12, 2019, 06:29:54 PM The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs. In 2017 price was very good and at that time so many new countries have adopted bitcoin, I am sure in 2019 there will be huge increase in price, we should try to make it safer by holding, selling now is not good for the future progress of bitcoin, now a day we only want more and more investors to keep the market price higher.Title: Re: Important conditions for the progress of bitcoin Post by: Finestream on June 12, 2019, 09:46:18 PM The continuing mass adoption and the upcoming bitcoin halving will set the condition for another bullrun in the coming months or year. 2017 is already a history and another one is in the making barring any unforeseen negative events in the future. FUDs and other criticims against bitcoin will continue but this will not deter the top coin in reaching all-time highs. In 2017 price was very good and at that time so many new countries have adopted bitcoin, I am sure in 2019 there will be huge increase in price, we should try to make it safer by holding, selling now is not good for the future progress of bitcoin, now a day we only want more and more investors to keep the market price higher.Title: Re: Important conditions for the progress of bitcoin Post by: congresowoman on June 12, 2019, 10:17:53 PM But first, I think what investors are really looking for in a cryptocurrency is its stability, having a less volatile value as possible. Because you really canot afford to lose much money especially during massive swings and reversals-- it is just very risky. Stability and Security is what it would take for bitcoin to attract more people.
Title: Re: Important conditions for the progress of bitcoin Post by: Ayiranorea on June 12, 2019, 11:18:16 PM But first, I think what investors are really looking for in a cryptocurrency is its stability, having a less volatile value as possible. Because you really canot afford to lose much money especially during massive swings and reversals-- it is just very risky. Stability and Security is what it would take for bitcoin to attract more people. Maybe there is a very small percentage of investors with such a mentality. From my understanding these investors were the one who make the market highly volatile for large scale profiting. Volatility is the major attraction of the cryptocurrency network, maybe there is chances of loss but investors weren't that careless to invest and leave as it is without keeping track of the market moves.Title: Re: Important conditions for the progress of bitcoin Post by: bettercrypto on June 12, 2019, 11:52:48 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. "History repeat itself"I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... That is the ideology of historian. Same things happen again in different time and aspects. Maybe, it will not be literally happen again but it can reach the same event as 2017 bull market had. Let us just be optimistic when it comes in bitcoin price since today, it is no longer returning from 7k price below. Title: Re: Important conditions for the progress of bitcoin Post by: Choyor on June 13, 2019, 02:00:56 AM We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger.
Title: Re: Important conditions for the progress of bitcoin Post by: imstillthebest on June 13, 2019, 02:09:13 AM We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger. Government plays a major role because they are the ones that allow or reject the use of cryptos . once they allow bitcoin , there still no assurance that all the people on that country will use bitcoin . in short , people will still not be attracted to bitcoin . what only attracts them if they will see that bitcoin is improving ( improving in price or improving in service ) . Title: Re: Important conditions for the progress of bitcoin Post by: Kimonoe on June 13, 2019, 04:30:39 AM We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger. Government plays a major role because they are the ones that allow or reject the use of cryptos . once they allow bitcoin , there still no assurance that all the people on that country will use bitcoin . in short , people will still not be attracted to bitcoin . what only attracts them if they will see that bitcoin is improving ( improving in price or improving in service ) . Title: Re: Important conditions for the progress of bitcoin Post by: sana54210 on June 13, 2019, 06:05:42 AM For bitcoin progress we need mass adoption and i think this can happen only on long term, but also people who know how crypto works should also teach another people about crypto. We have to be optimistic on the future of crypto, most of us here are investing in bitcoin because it's cheaper now compared to the price we envision it will reach in the future. Mass adoption could happen, but it's more likely to be realize if crypto will be regulated, otherwise people won't hesitate using it. If I need any money now, I know how to trade and this is what everyone should learn so that we can use our long term investment now to secure a better future in Bitcoin. Title: Re: Important conditions for the progress of bitcoin Post by: arifteguhr on June 13, 2019, 04:25:47 PM We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger. Government plays a major role because they are the ones that allow or reject the use of cryptos . once they allow bitcoin , there still no assurance that all the people on that country will use bitcoin . in short , people will still not be attracted to bitcoin . what only attracts them if they will see that bitcoin is improving ( improving in price or improving in service ) . yes indeed the role of the government is very important for the development of crypto in the future. because the government was able to support and approve the crypto in circulation. but we certainly are not easy to overcome the government to approve crypto circulation in each country. Title: Re: Important conditions for the progress of bitcoin Post by: RealMalatesta on June 17, 2019, 05:47:27 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... 2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017. Some technical projects that are pending for release such as Facebook coin, telegram TON and many other projects are what will get us to have a better record in this Bitcoin than the previous one, which I believe will be 2020. Title: Re: Important conditions for the progress of bitcoin Post by: bitgolden on June 17, 2019, 05:57:00 AM We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger. It is best we just embrace this system that satoshi has created for us without having to wait for any government’s regulation, because if you are looking for government to legalize Bitcoin or regulate Bitcoin for us to get adoption, my dear, nothing of such will ever happen and we have to wake up from our sleep. First thing we need to ask is why should government legalize a technology that you and I know that they have absolute no control over it or would be able to know any detailed transaction of its user? Without government, Bitcoin will still get its adoption, just that it will take time, which we also have to put at the back of our mind so that it can help us to be patient. Title: Re: Important conditions for the progress of bitcoin Post by: indrakusumaindra on June 19, 2019, 04:17:51 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Yes i think cyber attack is the main major problem in crypto space. Even exchanges that are really secure and believed to be the number one exchange could be hacked ( binance). My point is, people are afraid that they lose money instead of earn money from crypto cause there is still a chance for hacker to hack their money. I believe what we need is a secure custody and we do need a third party that could guarante the safety of our assets. 2017 is indeed different cause many people are trapped by FOMO and buy the bitcoin and also many people are investing in ICO that seems to be a pure diamond that guarante you a easy profit. In 2019 we rarely see any ico that are success and many coin are die and i think its good cause we will start to see coins that have a good project and they will success and i believe in 2019 we will see less speculations and fomo in investing.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: syamster on June 19, 2019, 08:24:04 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. Yes i think cyber attack is the main major problem in crypto space. Even exchanges that are really secure and believed to be the number one exchange could be hacked ( binance). My point is, people are afraid that they lose money instead of earn money from crypto cause there is still a chance for hacker to hack their money. I believe what we need is a secure custody and we do need a third party that could guarante the safety of our assets. 2017 is indeed different cause many people are trapped by FOMO and buy the bitcoin and also many people are investing in ICO that seems to be a pure diamond that guarante you a easy profit. In 2019 we rarely see any ico that are success and many coin are die and i think its good cause we will start to see coins that have a good project and they will success and i believe in 2019 we will see less speculations and fomo in investing.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... Title: Re: Important conditions for the progress of bitcoin Post by: Finestream on June 19, 2019, 10:04:27 PM We only need more new people to adopt Bitcoin, in this case the role of every government is very necessary to be able to legalize Bitcoin, because it will attract many people to adopt Bitcoin, so the crypto currency technology is getting bigger. It is best we just embrace this system that satoshi has created for us without having to wait for any government’s regulation, because if you are looking for government to legalize Bitcoin or regulate Bitcoin for us to get adoption, my dear, nothing of such will ever happen and we have to wake up from our sleep. First thing we need to ask is why should government legalize a technology that you and I know that they have absolute no control over it or would be able to know any detailed transaction of its user? Without government, Bitcoin will still get its adoption, just that it will take time, which we also have to put at the back of our mind so that it can help us to be patient. Title: Re: Important conditions for the progress of bitcoin Post by: 777Jolami on June 20, 2019, 11:40:57 AM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... 2017 was really a great year for everyone of us because this the year where bitcoin boom and many people attracted to invest in but as time goes by bitcoin is fading and the price became lower and lower. Bitcoin nowadays is really unpredictable that's why we need to watch every second because anytime it will boom like what happened last 2017. Title: Re: Important conditions for the progress of bitcoin Post by: Schirer on July 10, 2019, 11:44:26 AM For huge rally there is very important condition to be met, and it is that there should be more financial ways made for large cooperate investors to allow them legally invest.
Other condition which could may or not may not help is crash of stock prices. Title: Re: Important conditions for the progress of bitcoin Post by: ufaiz50 on July 10, 2019, 12:17:17 PM 2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months. The old tree will start falling but the new tree will stay upright and get higher, what if someday in the future the country will make its own cryptocurrency? like what Facebook does by making Libra. What you say is difficult to accept, first if the government doesn't get a clear advantage from receiving cryptocurrency, then they will still ignore it, they are now more interested in the blockchain.I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met. First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts. The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety. There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements. Let's support Bitcoin... |