In the situation right now of bitcoin we could say that no to mining first because like i said earlier the situation of bitcoin right now is not good. The value of bitcoin as of today is again decrease at 5% above and it looks like it is decreasing more so for now mining is not profitable but it can be in the future.
The price will increase, and users whose focus is to profit after long term could get a bigger earning through mining. At present the mining tool is more expensive, and most of the users who profit out of the same are large scale investors who contribute big to the mining. From my understanding mining is profitable and not same as the past, and users should not give up mining as it is the root for each and everything happening with bitcoin. |
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From my view one should not limit himself in the cryptocurrency earning. Each and everything that's been mentioned on the thread is a good thing to make an added earning. For this user needs to make himself updated with the knowledge about cryptocurrency which needs time to learn and experiment to understand the outcome.
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Majority of the top rated coins have grown from the low value. So, it is a good pick to invest into an altcoin that has got value less than a dollar. Another important thing to be noted is the profit expectancy. This needs to be considered as a long term holding without which earning good is impossible.
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Competition between local currencies Vs crypto currencies are in peak now. Crypto currencies have occupied currency market causing local currencies enforce (banks) banning of crypto currencies. We can see number of investors have turned towards to bitcoin and other crypto currencies with large scale. Will there be a chance / time bitcoin and other crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?
It is impossible for a country to disappear their fiat currency, apart from that cryptocurrency is just an asset and not a physical currency that can be used directly to transact in real life. Although bitcoin will likely be big in the future, but fiat will remain the main currency. Even the best cryptocurrency, very fast, very reliable and safe, will not replace fiat. There is no threat to the local money. It will be used as usual. Crypto and traditional money are not the enemies. To suppress the growth of bitcoin as well other digital currencies governments show interest upon regulating the cryptocurrency usage. This is not because that bitcoin will make the local fiat disappear, but they fear about the technology and the growth it has attained over the very small time period compared to the traditional system of currency. |
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The recent day's price drop is completely because of the negative news that got generated. Whenever the price moves forward, someone will ignite a news leading to collapse the growth. Most of the time it overcomes the scenario, and at times it reacts to the speculation and drops low.
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The price went close to the $10000 mark and in unexpected time period it once again started to roll back dropping low to the value around $8000. This is common and this time the fluctuation that has taken place is massive. Now once again the forward push has got initiated taking the price above $8600 right now.
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Though the process involved in airdrops were much complicated, I used to participate in several airdrops to get the small rewards, and at time even to get those rewards we were supposed to demand for months. Finally haven't found any of the airdrop getting a good profit.
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Bitcoin is something which is in need for an effective functioning of each and everything in the world. Being a technology advancement what it has caused is big. With blockchain into effect it has made big changes in terms of efficiency and one among that list is the bitcoin.
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Everything around the world is taking place in the digital manner. Next, majority of the transactions were taking place in the form of digital cash. So, to make everything effective and more efficient than the present system something advanced is a must. To that blockchain technology paved the path and bitcoin became the success to fulfill the need.
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Crime was around the world even when there is no bitcoin or no cryptocurrency. So, we cannot indicate the existence of cryptocurrency as a reason for increasing crime. Cryptocurrency has made crimes to happen with ease, which has decreased tremendously compared to the past as people has started realizing the true need of cryptocurrency.
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I see slow, steady growth ahead. I can't imagine a big fall. Big banking are getting their toes wet and money will flood in. It's only up from here IMHO. I'm just waiting for the Olympics in Japan 2020 for us to take off...
What is happening with bitcoin is the stabilized growth. Nothing to panic about the fluctuations happening around the market along with the bitcoin. As in the above statement, something needs to make an impact or there should be a cause for sudden price pumping. Until then it'll grow in this manner but the growth will be happening in a steady manner. |
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Bitcoin price increasing anytime soon is the truth, it could happen in any unexpected time period. Everything with cryptocurrency is simply unpredictable, and similar is the growth of bitcoin. As the price has fallen from an ath before months, this time it is expected to reach above $15000 at the earliest.
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It is the way the government making themselves wealthy. Different countries have different tax policies and in most cases the taxes were used for the goodness of people. Same time there are cases where the taxes were used by the corrupt leaders. So, it has got good as well bad in it based on the effectiveness of the government.
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Philippines has got large number of cryptocurrency users compared to other small countries. Now more exchanges getting into usage will let the people go with ease in trading and other exchange needs. Same time there are people from the specific country trying to scam their own people with the name of bitcoin. People too easily fall to it, because bitcoin is gaining more and more popularity each day.
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Bitcointalk Username: Duzter
Rank: Senior Member
Current post count: 656
Bitcoin wallet address: 1FLcF2PBbroPHg1icTAinxi1HdUKLLiebu
DEPOTWALLET Address: will update shortly
Wear appropriate signature: Yes
Wear avatar: Yes
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How Op predicted the respective date still a myth, but to some extent he has gone through the market of bitcoin and has suggested 27th April. We've already crossed the particular date, and it is true that the price is higher than 27th April compared to the current value. May will mark a new ath for the year.
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Exactly, it could be a good shows for us that bitcoin could really make some adjustments after a month's of being in dip. I know people are happy to see its growth and surely they don't loose their hope and make some investment again.
Agreed, the investors who were the backbone has felt much worse when the price went low. As the price has begun to show signs of growth little by little can expect more new investors who increase the demand causing the price to grow in a stable manner. Bitcoin taking breath happens quite often in terms of minor fluctuations. |
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It got developed as a technology evolution and as a part it was supposed to fulfill certain requirements. In this regard it got termed to be a store of value. This over years begun to get accepted into different industries similar to currency, especially in the dark market as well into the gambling industry. So, we cannot conclude it within statements that it has so and so usage, it gets multiplied.
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It is developed in such a way that any level of user can make use of it, but to the same it has got complications associated with the same. Because the risk associated with it is big, and for the same one cannot simply make an investment same as make it over an forex or stock market.
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I don't think so. on the contrary because of untrustable ones , bitcoin still safe port for most of invester. on the other hand , new ico prices are very low so people who wants to get "rich" more easy way they use new icos
crypto ico if equated to kill bitcoin is still far away and it is impossible because now bitcoin is still the best and crypto ico will not be one of the coins that surpass bitcoin. so I think it's still safe to have bitcoin. Bitcoin is all about the trust, and ico is just a support system to the bitcoin network. Here each ico is backed by an real time application that makes it grow high or get out of usage. Forever bitcoin will serve as the leader and these ico's therefore serve as the backbone and for the stability. |
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