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I don't like to see so many forking attempts, this is going to disrupt the Bitcoin growth, even though the effect will not big but there will be slight impact on Bitcoin because some of the investors will split their investment, and the release date is too near with the BitcoinCash, the rumour of this coin still got a low expectation, so I still don't know how well this coin expected to be
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For trading I don't suggest LTC because the price moved in a slow pace, I will suggest 40% BTC, 30% eth, 20% Monero, 10% dash, if you are looking for safe option, BTC and eth is the greatest, Monero and dash got a very good potential and I witnessed how these coins can suddenly go up very quickly
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China is not banning crypto yet, China is banning ICO and going to regulate exchanger. Korea is also going to banned ICO, maybe the price is going to drop a little, but all users are ready to face this, actually ICO not giving a big influence to Bitcoin and other strong alt coins
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Yes China's government is really committed for what they said, the banning seems like is going to be a temporary and they will make regulation for the exchanger, I think the reasons are too many people used Bitcoin as their hidden assets, evade tax and doing money laundry with it, hopefully there won't be any big effect to bitcoin's price this time
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Yes and seems like there will be more country going to banned ICO and I kind of agree with ICO banning, there had been a lot of scamming that tainted the ICO reputation, and we already got too many coins that worth almost nothing, but I think a more strict regulation is more appropriate rather than banning all ICO, some of the ICO offered a great feature
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For temporary you can used your mobile data but your phone also need electricity, so in the end you can't do any transactions and you won't be able to used Bitcoin at all, because Bitcoin is a digital currency so it need internet and internet need electricity
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I ever saw a film that math could be used to win in blackjack game, but that is the physical casino game, I think in online game it doesn't help you to win the game, but it can help to prevent more lost and it can help you to calculate the probability in dice game
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There is nothing can be considered as gambling, if you are doing trading then you are speculating the price, because you got the data to predict so it's not a gambling and if you are holding Bitcoin to sell it at the right time it will the same as investment, so I don't see any resemblance between Bitcoin and gambling
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That is exactly how I was when I started to trade, too much worried whether the price is going to go up or down, the worst trade was when I got profit from 3 days trade and it is gone within hours, crypto currencies is a very good asset to trade but the volatility is very high, so it need extra caution to make a trade
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It depends on the coin, the main reason for us to buy ICO is to get profit, usually after the ICO launched the price will go up and I usually sell it to cover the money I spend, then the rest of the coin I will keep it, in that situation I got nothing to lose, after few months I will see how is the coin improved if it got good improves then I keep it, if not I will sell it
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There are some misconception that I heard almost Everytime when I invite someone to used Bitcoin, they though Bitcoin is a Ponzi scheme, they thought that by inviting new users we will got percentage from referral, they don't know that by inviting them we increased the demands rate and that is the one that caused the price to go up and I don't really care what people called Bitcoin, eth or other coins as long as it is a good investment, it can give me profit and I don't harm other people, I will keep on using it
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It is better to have a big marketcap, big marketcap means there are are more people interested and investing it, by low marketcap sometimes it can be cheaper but once people stop interested in that coin that coin value will be gone, it is safer to search for coin with high marketcap, it will make the coin easier to survive
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It would be affected but not going to make Bitcoin totally dead because the users still got the access to Internet, but it will affected the price because the citizen will focus on how to survive rather than how to make profit so it will decrease the transaction volume
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China is not banning the exchanger but China is going to closed down exchanger that illegal, and China's government like everything under their control and because Bitcoin can't be controlled by them so the government trying to regulate it, China government not really care about the profit Bitcoin gave, the government just want to have power to controlled everything
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It is better to just keep your eth, the price will go up again, now there are so many project that used eth, so don't be afraid that the price can become zero, but the rising is not as fast as Bitcoin, if you decide to join ICO then really make sure you know what you buy, ICO got a greater risk than holding eth
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If the states buy all the coin then the value will become zero, it will just the same with the country creating new coin and when the country monopoly all the coins people will find another coin to used because I believe the users used Bitcoin because it is decentralized and anonymous
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Bitcoin is an obvious choice as the global fiat system has been broken. Governments, Central Banks, Spy agencies along with media have for years tried their hardest to shutdown bitcoin by regulating it, by either legalizing it or by making it illegal, by banning exchanges, by putting out negative statements, and then trying to (ironically) attach bad uses of it (where in truth the fiat system funds all the criminal-activity drugs and bombs in the world). All these entities will continue doing this for years to come and everyone will see that the impact on Bitcoin was minimal at best. No better escape from broken fiat than Bitcoin.
If you think it thoroughly, maybe there are something that you need to be consider, for a short term it really gives a lot of profit, a very big profit that no other investment ever reach in a short time, but crypto currency is very volatile investment, and there are still many rejection, gold is the best investment for a very long time, while real estate need to have maintenance and big capital to start, you can't buy partly or fraction of the house, bonds or stocks is too much risk especially when you are not really active, I still stick with Bitcoin and alt coins for short term and hold for a very long term investment |
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For ten years it is hard to say but if I were you I will pick insurance, because the crypto currencies things are very unsure, and insurance is a very important things because we can't predict what will happen in our life and if we think for a very long term it is safer to just invest in insurance, because crypto currencies value is very fluctuative
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I am impressed on how Bitcoin able to survive and how did Bitcoin went from zero until so valuable, to be honest there were no many support in the early when was created, a lot of people were sceptical about Bitcoin and now it had become a very great investment with a huge trading volume
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I don't feel any 4500$ vibe this week, Bitcoin price movement has been stuck lately, it is between 3700$ and seems like nothing big going to happen this week to boost the price to 4500$ and if within a week the price jump to 4500$ there will correction price, so I think we need more time to be able to reach 4500$ and stable in that position
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