Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.
You just spoke my mind. I don't understand too, why some of the people come to this conclusion that 'bitcoin is dead'. Bitcoin has just changed the life of many last year. People forgets soon. Even in business, people come across off seasons but that doesn't make them to leave their business , why don't they think the same for the bitcoins too. Anyway, good days of bitcoins will make them withdraw their post and surely they're going to regret.
|
|
|
Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies. So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned
Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin
What is the worst thing you have heard about bitcoin
It was just yesterday , I got to see a worst post about bitcoin having the topic, 'Can We Finally Call This the DEATH of Bitcoin?!?' I feel that this kind of post creates undue fear among the people.
|
|
|
Seeing btc going down for quite some time now, I thought people will be withdrawing their investment to shares and others business. But it amaze that btc is gaining more popularity and people are still rushing btc. What is the secret behind btc?
The progress of bitcoin in the past few years make us believe in it . We still have faith in it because it has changed the life of many. Worrying about the volatile nature of bitcoin is worthless.
|
|
|
The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers.
To the "Lending" companies (hey man, do you think I can get my money back soon), I salute you.
To Bitmain and "the plan", I salute you.
To Wall Street who always knows my future, I salute you.
To the newbie crypto-millionaires, who only like the part about making easy money, I salute you.
To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.
To the SEC who will wait until every crypto is worthless to go after anyone, I salute you.
To the old school crypto nerds, who cashed out in 2017 when they saw what was coming, great job!
I still remember the days when getting anything over a 1% yield on a bank account was something to brag about.
One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...
Not at all. Bitcoin is not going anywhere now. I feel that you have missed last december's happy days. Not long ago...have patience man.
|
|
|
The major and the mosr crucial reason because of which many countries are stepping back in legitimizing or legalizing bitcoin transaction, and even talks about banning it is the fact that their is no institutional or authoritive backing behind bitcoin. What if something tremendously wrong happens in the bitcoin world and citizens lose huge amount of funds, who is responsible? Whom shall we complain? Is there any backing or authority against which we can protest? Or atleast ask help with?
This anonimity of bitcoin is making is risky for governments to openly allow its citizens to vest their income into it. Its not only about decentralized thing and that government is doing this because its not being able to control bitcoin, its not like that. Even if bitcoin was, being equally popular as now, backed by some private company, the governments wouldnt have any problem with it.
So the matter of fact is that we at ground level cannot do much except for bring about more and more trust over bitcoin in the market, and may be by seeing huge user base and trust, government might consider legitimising bitcoin transactions.
Perfect comment. Even I feel that it is because of the lack of authoritative backing bitcoin is still lagging behind.
|
|
|
2017 changed my life thanks to crypto. Many people in crypto make the mistake to go in projects that are already high. Maybe most people are just too lazy or dont have the time to analyze and look at coins below the top100 at Coinmarketcap Colx combines Monero and Raiblocks and will x100 in 2018. But I think we will see many cheap altcoins explode in 2018, while Bitcoin stays relatively stable. Agree or disagree? It's hard to ignore bitcoins and trust in something which hasn't showed its quality yet.
|
|
|
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Yes, many projects are dead now because they did not start with strong base. They should have set the project in such a way so as to meet the contingencies because it is a truth that cryptos are volatile and we should work according to it. Not well organised projects have failed.
|
|
|
Hi everyone, Im a newbie, i just known about Bitcoin in 1 month. I decided to spend my money that i have saved for a long time in Bitcoin. Please tell me some name of Altcoin, i want hold it until i marry.
Thanks for all response
I will suggest you to invest in Bitcoin and Ethereum because these are more reliable and reputed coins.
|
|
|
I can see a lot of the alt coins moon already like XRP , ETN , Gas and other alts more , I think this will be the start of the bullrun . Do you agree ? Whats on your bag right now and what is still good to buy at floor price?
It may take a little more time for the start of the bull run. We cannot predict anything now. Your assumption can be true...just kept my finger crossed.
|
|
|
Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$ Investment is = 5300$ so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Yes, it is better for you to wait till the price rise.
|
|
|
Dear expert money maker members, I have $170 Ethereum as now rates. How can I grow/increase my dollar? Someone recommend for invest in ICO progream. But I dont know very well about ICO. Can you tell me What is ICO? And should I invest this?
I will suggest you to hold what you have now. Wait for the price to increase.
|
|
|
As of now, more and more users are getting the hang of sitting by their computers all day and they get paid millions through the help of bitcoins. What they earn is more than what they had in real life which makes life convenient and easier.
On the other hand, bitcoins are really helpful and accessible to everybody or to a group of individuals and they just click and their wallets get full. But what if, sometime in the future, bitcoins become more private and unaccessible? Will that cause a problem? What could've happened to us who were engaged in it first rather than the newbies to come?
I don't think so . In fact I feel that in future it will be more easier to access bitcoins because there are many who finds the process of bitcoins complicated so they don't enter into it . It may add more features to increase its privacy level.
|
|
|
I think this is the right time for getting a good profit in the future. I want to give to advise that it is a chance for the investor, now buy bitcoin and hold for some time and you know what to do you can sale your bitcoin when the price is high.
Yes, this is the right thing to do now. Though many of us know the market tactics but we tend to ignore the specific time by making excuses like almost all know about bitcoins now so we cannot make much profit. This is a wrong notion, many knows but few has the capacity to buy and hold cryptos for long .
|
|
|
Of course, crypto is going to be the future. Maybe the coins we use may not even be launched now and BTC may even die but crypto is not going away.
|
|
|
BCH has nothing unique, it's just another Altcoin. I would buy ETH instead.
|
|
|
Hi there are too many coins in crypto It makes difficult to find out which one is trusted which is not So please suggest me the name of altcoins which you will find most trusted and profitable It helps me a lot Thanks
I will suggest you to go for Ethereum, second most valuable cryptocurrency after Bitcoin.
|
|
|
Hypothetically speaking, if someone offers you $10,000 to hold in one coin, only condition is to hold it for 2 years, which coin would you choose to hold?
You can choose between only 2 coin, one is bitcoin and other one is ripple. What would you choose?
I will choose to hold Bitcoins because it is already a very powerful and reliable currency. Moreover, people dealing with the bitcoins already know the advantages of holding the bitcoins for long.
|
|
|
I have seen evidence of some scams being run under the guise of KYC in order to gain your passport and government issued id's. Be careful out there and remember that a lot of these coins end up being scams. Do you really want them having your passport/photo identification? This is how people fall victim of identity fraud so please think before sending your information in.
That's scary...Everything related to money needs KYC in our place . So, if this is the case, how can we proceed with our work
|
|
|
Yo guys, Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw. Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.* What do you think?
No, I wasn't. It's a great news and I wish banks of all the countries accept bitcoins Thanks for sharing with us .
|
|
|
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.
Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.
Banks will be against cryptocurrencies until and unless bitcoins becomes necessary for each and every individual. Banks will try to be a hindrance in the path of its success but once it become popular, it will join the hand to work together. After all, Two great minds think alike'.
|
|
|
|