Bitcoin has been told that it will never reach higher than $1,000 few years ago.
But if that's your opinion and you are becoming pessimistic because of the current market flow and bitcoin is showing lately. This year can be full of surprises, I'm still basing my feeling from last years great ATH.
You're right no one believes that bitcoin prices can go past $2k last year, the price can penetrate up to $19k and nobody has such high expectations, just like this year, if not many people believe that btc will reach $20k does not mean bitcoin prices will not reach that price right? |
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I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog ( https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited? With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not Ive been wondering whose person isnt really concerned about his identity or personal information? None,right? The thing here is that we do already done things which we do expose of our identity not might directly but just basing out on our social media accounts you are already giving out information and yes those scandals happen on facebook.Arent we aware that informations can really be sell out or being used up for their benefits? This is why i do really care about any info given out on this online world. I think when you go in and put an identity on a website like social media, you have to be prepared with all the risks like exposed your identity, facebook scandal for example, you have to accept it because that's the risk, no one can be trusted on the internet, so do not be careless in enter identity |
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I agree on the idea, that is why i don’t get tired of holding even though storms in the market fluctuates most of the time, but my faith in bitcoin is stronger and bigger than the recent dip because i always believe in the future of bitcoin, that it will live and last in the cryptomarket and will give us the chance to become rich, you just have to work for it
I hope what you believing are still strong even though in these 6 months bitcoin prices have not recovered at all since the beginning of the year, I also believe that bitcoin has great potential, we could reach the price of $19k last year, and now prices much below $19k, I think people should think that this is a great opportunity to continue to buy and collect it |
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Currently the price of bitcoin is low and this is a chance for anyone to buy the bitcoin available today and then sell it at a high price and surely we will benefit but you have to be patient to sell the bitcoin you have.
Yeah you're right, now the price is in low position but we've been in this position for a month and we don't find any significant price change, no high rise precisely stable price in this position? is it possible that the price will rise in the near future or the price will come back down, before you want to buy now make sure that you have done the calculation and make sure the price will rise soon |
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If most cryptocurrencies will crash to zero of course this has an impact on bitcoin because investors are not interested in others, I hope there is a balance and altcoins users can also survive.
In a few months this may be a lot of altcoin will crash and that is fair in the current market conditions, but not all altcoin will crash until the end of death, maybe only shitcoin that crashes and becomes zero, but the crash will not make bitcoin dead or zero |
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Fees will continue to increase.
For a "fee market" to evolve, there needs to be demand and suppliers. But there is only a fixed supply.
If fees get high, there's no way for miners to say, "Oh fees are high, we should mine more blocks or larger blocks to capture these fees". So fees continue to increase because demand is just slightly higher than capacity.
Yes you right, or in other words the increase in users will certainly make more transactions, and the network will be more crowded, so that more transactions to be confirmed, and that will require an increasingly fee, we will see the fee continues to grow in ahead |
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Now one of the best opportunities to buy bitcoin The capacity of the network is constantly increasing and the price of bitcoin is falling. Soon there will be an explosion of $ 30,000
I do agree with you as now is the best time to buy bitcoin as price of bitcoin is increasing more and more but it is not very high as it is on the way to rise bitcoin has a lot of power and a lot of potential to increase and it will rise more and more in future, I think bitcoin will be the best investment for our future if we collect money with trust and investing it into bitcoin for our better future profit, for long-term investments you may be able to buy at the moment, because the price may be low price right now, but if you want to make a short-term investment, I think you should be more careful again, because now prices tend to weaken, you have to be careful in determining when to buy |
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Not everyone can accept cryptocurrency. Whereas cryptocurrency can facilitate our life. Those who do not know about cryptocurrency because of their low education and less access to information about cryptocurrency.
l prefer for digital currency than virtual currencybecause while buying into savings you can earning once the market increases it value. You should know that bitcoin is included in virtual currrency, digital currency can be called as fiat in online version because it is made by government or third party and has central control, while virtual currency has no control like bitcoin, if you want to profit from price increase, you should choose virtual currency like bitcoin |
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In my views, I think global regulations won't kill Bitcoin, its not like these regulations are banning Bitcoin. Also some of these recommendations are just for the good of the people to avoid illegal use of Bitcoin. I think this will be the step for Bitcoin to advance where it can be more acceptable to the public and the government will start recognizing its worth and its help that it can provide.
Yeah you're right the ban from many countries though will not make bitcoin die. they will not be able to make a comprehensive ban. they may only be able to do blocking on sites about bitcoin only, whereas users will still easily access and transact with bitcoin in their wallets, but I don't think the world will make such a rule, instead they will begin to provide legalization and rules for bitcoin |
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
Big challenge for small capital is patience.the ability to endure waiting .you can not expect big gain in small investment.But patience is learning.help you grow and adjust to some mistakes. better than starting big and loosing big! You right, your patience will be very tested for this, because to grow your money with a small capital takes a big effort and not for short time, because we know that even though the price goes up 2 times, if your capital is small, the profit you will get it will not be too big, so you have to be patient |
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I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!
I still prefer on investing in bitcoins and just focus on earning cryptocurrency because i can always trade my coins for fiat while real estate is not that much profit if you do not have huge capital. You know that bitcoin has a high risk, why not try to increase other investments that have lower risk? this will be a backup plan for your investment, at least if the bitcoin price goes down, you still have other investments you can rely on, and besides real estate have huge potential to get big profit |
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In any field whether online or a regular job you need to actually provide some hardwork in order to gain something. Why not just try trading im sure it can be pretty boring but when your earning, it's not. Take time to research it and once you've come up with a strategy you can start earning money and even create a passive income for yourself. This is all trial and error dont be afraid to try.
You're right, at least you have to have one job that has a high level of activity so you can work hard there, maybe you can try trading, there are many things you will dom like analysis, and do the calculations so you have busy every day, and maybe your profits will double |
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I am wondering if there's a huge probability of bitcoin investing will become a company's focus. Like making a company that specializes investing of bitcoins Any thoughts?  I wonder why there should be a third party (company) whereas you can buy bitcoin and invest with yourself without any third party though, I think to make a bitcoin-related company, does not mean to provide a place for others people to invest bitcoin on it? That kind of third party I think? and maybe a company like that would not be too much in demand? unless you create a bitcoin-related business, such as selling goods & services with bitcoin as a payments, with bitcoin bringing a lot of people interested in buying at your store |
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With the growth it attained within the short term, it is expected to get termed to be the world currency. Later people realized that it need to travel long and get spread in a large scale, because considering the fiat usage bitcoin is very small in percentage. This needs to change when people start to understand the goodness of digital growth.
To be the currency of a country is impossible because the government will not let that happen, but to become a global currency it may happen, when many people in various countries around the world start using bitcoin, of course many parties will receive payment with bitcoin, and bitcoin can be used anywhere to shop |
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Such trade comes with time. For example, many traders have their own specific strategies to reduce the risk of losing investment.
it's true because it also depends on yourself and how a good and safe strategy that will be used. so if my advice is a safe trade and avoid that loss by trading long range Thats right, but everyone should know that strategy is made with certain analysis and calculations to reduce risk but not to eliminate risk, so trading will always have a certain amount of risk depending on our skills in doing the analysis and calculation, so make the best possible strategy to reduce risk as much as possible |
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For me I secure my profits through first change into fiat and then half of it I will deposit into the bank and the rest used for the needs of my family.
Convert into fiat and send the money to the bank account and try not to send back to the exchanger as slong as possible is the method I use to treat my profit. It works nicely so far. That is right, we just need to secure our profit for our future, so I am saving for my future too, basically what I am doing is securing my profit in a bank since I cannot secure it in just bitcoin wallet, but still holding some for my future, because I know that it will really increase in value as time goes on. Securing profits is very necessary because with it will make your finances better, I always set aside most of my profit and convert it to fiat then put it in the bank, I'm afraid when I do not do it, it's the profit I get I'll use to increase my capital and it may actually be lost due to risk, so secure your profit is important |
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Strange question.
Everyone who has good will and interest to use bitcoin is a target. I don't beleive bitcoin is limited only for some social groups, it should be available to everyone.
I agree though targeting or setting a price target , it's not only for those that have special groups or high standards or what so ever , it's should be available such as having a bitcoin , equality to be more specific. Bitcoin is the goal to be used by anyone but you know that to use bitcoin you should to have internet and gadgets, and not everyone can use internet let alone have gadgets like smartphones or computers, so this will make bitcoin target market is getting smaller, people with middle and upper economic |
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I still believe that bitcoin is still a buy. The price now is good to enter buy and soon there will be a reversal once the regulations hovering now melt down. So whoever has fund to invest bitcoin is it.
I agree because of the fact that it's just how this market works. If you would give up after actually spending time in it, especially if you have been in it for a while now, then everything would be a waste. No one devotes time and invests in something only to break out of it at the moment of loss. If a person is really serious with venturing in this market, he or she must embrace equally the risks as well as the positive things that come with it. I think everyone knows the risks of bitcoin investment, the risk will happen if they are impatient, do not have more knowledge and skills to read the market, everyone knows about it, but that does not mean you can not profit in bitcoin right? you can still profit by utilizing your skills, thats why they keep buying |
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The reality of the matter is that bitcoin can enable individuals to out of neediness and xan give a superior future fiscally, many individuals including me as of now feel the impact of bitcoin, bitcoin could give a salary and new opening for work that can assist individuals with getting a superior life, if the administration bolster bitcoin then it will beyond any doubt increment the cost and bitcoin could enable more to individuals.
Yeah that's the fact bitcoin provides a financial benefit to the user's economy, they can take a lot of work on bitcoin for their income so their economy gets better, we don't need to argue about it, many people have proved how beneficial bitcoin for people economy |
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true, but money management is also important and knowing when to enter a trade and when not to,have the knowledge of the trade and follow the trend.
Yeah it is good to follow the trend and make sure you don’t lose while you exist because people use trading to earn money so I think it is important to learn a lot before you exist and try to exist with earning high amount of money, as trade when you see price is really high and leaving will not make you get lose, so at first try not to exit completely and if you make decision then make sure you have earned enough. I think it's not just financial management that matters when you should exit, you have to be smart in making choices and it should be based on your skills in reading the market, when the price will stop to go up, you should start selling and that is the best time to stop and exit |
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