Just a wild guess. $60,000  Nah, that is a lot of money just for the end of the year, i can easily predict a $30,000 by the EOY for bitcoin. Or maybe it will be touching a little bit more than that, but 60 thousand dollars? No way, that is a lot of money for me. Bitcoin is becoming very popular. 30k is very high too. |
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The price is going to go up now that crash has already happened.
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Crypto users are mostly young.
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It was a very expensive pizza!
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Does anyone know a page where you can see the updated value of bitcoin daily? I had found one but suddenly I stopped accessing the page, I could not access
Coinmarketcap's website has the latest prices for bitcoin and other coins. |
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Just a wild guess. $60,000 |
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It's both an asset and a currency. Different people have use it differently.
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Other e-currencies already exist and have for years.
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Hi all - just wanted to know everyone's thoughts on the upcoming tax bill, that changes the loophole about not getting taxed for trades. Are you planning on investing mostly in anonymous cryptocurrency and holding or selling? What do you think the effect on the markets will be? http://fortune.com/2017/12/21/bitcoin-tax/The article talks about US law so if you aren't in the US or aren't an American citizen then you are fine for the moment but this is something we knew was coming, and it's going to happen all over the world since every other investment is treated in the same way, if you buy bitcoin for 10k and sell it for 20k be prepared to pay tax on the capital gains you got. The change in law is not about the capital gains tax which you had to pay before this bill. Now you have to pay taxes on the crypto to crypto trades. |
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The answer to this is obvious. No. That's like saying if Facebook dies will the internet die?
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It depends. At this point i'd call Bitcoin an asset although originally it was a currency.
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I wouldn't be buying a lot of Bitcoin at the moment because the reality is the price isn't going to go much higher before a big crash and it is super risky.
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It'll be interesting to see how this is going to play out. In 2013, and making the comparison is silly but what the hell, alts had a rally after BTC. However this time around alts have gone bleedin' insane for years on end while Bitcoin has done nothing at all until now.
Alt valuations are now absolutely huge and they still haven't delivered on a shred of their supposed promise. What the fuck has Dash achieved? It could be major flippening back to BTC that could either be permanent or last until there are more alts that are actually more than empty pumping.
I doubt it will be permanent, but most coins are bound to crash and burn - after all that's what happens in the venture capital scene, where on average 90% of start-ups just outright die. And that's despite very thorough due diligence by venture capitalists. This means that we should see more altcoins dying than we see venture capital funded start-ups fail. In that regard we're really seeing the same situation as during the dot com bubble and during penny stocks mania. But even during those times there were success stories, so it's just a matter of being more thorough than the masses in identifying realistic opportunities rather than jumping blindly at "easy money" (which doesn't exist). your outview is right from what is the issue.actually bitcoin never loss its dominance he may loss some value but still the dominant coin of all,and about those HARD FORK issue maybe for now only few will believe on its capacity to make effect on circulation after those fail fork. Of course Bitcoin is regaining dominance. Bitcoin always regains dominance. Bitcoin is the honeybadger of money didn't you know that? Look up what a honeybadger is and what it does. It eats everything. That's what BTC does. Any attack that comes it's way while it's trying to grow and build, it just eats it up. Then it adapts to become immune to that attack and so on and so forth. |
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Cryptocurrencies are mostly currencies because they have unlimited supplies, centralized governance, and it's build for being a payment system. Other than that, no other crypto compares to BTC at being an all-in-one form of money. You can invest in it as if it was an asset, or you can use it as a currency. Right now it is best ot hold them and save them though.
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
Dealing with loss depends on which type of trader you are. If you are a day trader then you will probably look to take a loss of 10-20% and get out of that trade. On the other hand, if you are more of an investor and you believe in the project of the coin you invested then you should hold and if possible buy the dips on the way (I personally do that ). Lastly, i would say I have seen some coins going down deeply and never came back, so doing the research and sometimes taking some loss and getting out of the trade is a good thing to do. By stepping back and focusing on something else in life. Just really taking time to feel out what happened and what you are supposed to learn from it. If you ignore it and push passed it you will continue to lose money as you have to be able to control your ego. If your ego runs wild then you send the wrong energy out into the world and this is never good for anybody. |
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And put up a buy at 4-8 fold under the current price.
BTC goes up and up from here you don't see that 5% jump.
BTC crashes as it likes to do, you seriously increase your position. Furthermore support is added at lower levels.
I wouldn't sell anything anymore... time to buy the dip was under $6000. Bitcoin seems to be holding pretty strong above $6000 now that the Bitcoin Cash spam attack is over. Mike Novoratz bought 20 million worth of BTC on this dip. Institutional money is coming with CME next month. It would be stupid to risk your position trying to scalp the price right now. This is also my position. I'm willing to wait and see how much it would be worth by next year that I'd HODL. I tried selling during a peak before with the intention of buying back during a plunge but that didn't work out. Since chaos due to bitcoin cash has ended,bitcoin is obviously now getting stronger.Also,more people ae now returning to bitcoin and so,its price may start rising. Yeah. It hit an all-time high of $7998 a few hours ago. It would have been really tempting to sell at that price and then wait for a drop to spend that money. If anything though, it just showed how much higher btc can go. Idk man. Yes if you have been holding for more than 3 years, but that's rare. If you have been holding recently just hold a little while longer as you are going to start seeing crazy gains because the demand is huge right now, but the supply is becoming more and more limited which is going to drive the price up extremely high in the not so distant future. |
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Honestly, I feel like all these Forex trading sites with BTC deposit and withdrawal options are scams. I've tried a couple and everything is fine when you're depositing BTC, but when you want to take it out there is a problem or a delay or like the guy on this thread is saying, they make up some BS excuse of some error due to technical difficulty and don't take ownership of what happened.
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Bitcoin all the way man. Long term, BTC has the most potential for extreme growth. Right now, it's even starting to take off and little by little because people are starting to realize that nothing can stop it or take it down, and once they learn about decentralization they're going to understand they don't need the government or most third parties and communities will do things instead.
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Now is more of a time than ever to buy BTC. SegWit2X just cancelled their hard and look what happened to the price. The longest 4 hour green candle we have ever seen in Bitcoin charts. Sure it corrected after, but this means that price jumps are going to start getting bigger and so will the corrections. As the network keeps getting more secure I see the corrections decreasing though as they have been.
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The resistance level of BTC is going to be hard to guess from now on because of all the new people and money coming into the space. For sure it is going to start exploding though because of how much bitcoins are left for people to mine. The supply is becoming more and more scarce and the demand is becoming higher and higher, what do you think will happen to the price?
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