What is your opinion as per Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending," Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
A lot of people say it for few years and look what happen now. People are sceptical but in the end bitcoin show them he is here to stay.
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Bitcoin price is a roller coaster the start of the year 2018. It goes up at first and stays then go down and stay and go up a bit then drop more so low and rapidly. Will it go up again in a loop then down and up again? We really don’t know what will happen like we really don’t know what the reason of the huge drop is. Is it the news? The bad news that affect the mind of investors or is it really manipulated? But why other altcoins price also dropped? We really don’t know right? We just depending on big investors decisions. Their decisions will affect the bitcoin price also. But what do you think can affect those peoples mind in invested and selling their bitcoin? For sure the bad news and the good news they heard. The tweets of some influential people also affect them. That’s only my opinion. There is this news I read on some source: https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000, it says that CNBC’s Ran Neuner stated that Bitcoin price will end in 2018 at $50,000. Ran Neuner for sure is an influential person because CNBC is a big name in the world and he the host. And in addition to that other (28) twenty eight most influential blockchain insider according to Richtopia, Tweeted that Bitcoin price will be $50,000 in 2018. I don’t know if it will affect the price of Bitcoin or other crypto currency because as I check the CMC / Coinmarketcap.com list still on red percentage. I will just wait for next week update. Maybe this news will affect it soon. What do you think? Agree with you. Bitcoin is now had a crash but it always happen and he always rise up stronger. I believe few years from to day he will be at least 50k if not more.
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I believe so. I think the blockchain is a very sophisticated system and very safe and I really don't see reason way banks and other financial groups will use it.
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I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
If you are capable to take the risk you may do it but if losing your land will be something you can't afford losing you shouldn't. I believe in bitcoin but it is still investment and a risky one so you shouldn't put your 100% in it.
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
Because a lot of people like the privacy of the Bitcoin and other alts like dash and monero. Also it more easy to transfer Bitcoin then money in the bank
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As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018
In any case, shockingly its effectively reached 17k$ in 2017.
Should I purchase or hold my btc?I don't plan to sell at any point in the near future.
I believe in Bitcoin, but I think it is still risk because you see what happen in the market, in goes up and down. But my opinion in that Bitcoin here for the long run.
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you think this is the right time to buy and hold bitcoins? because from 19k its 11k today. I believe so. I think that if you believe in the Bitcoin for long time you should invest, the price is after crush and it could rise up soon. But no one can tell in this market.
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
I don't see a reason Bitcoin will fall to zero. I think as long he have the faith of people he will stay and my opinion it will even rise up more.
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at the beginning it took me some time to explain people about this market. i wonder: when you try to explain people about cryptocurrency do they understand?
People that interest in cryptocurrency will try, but people that against it will try to get you down and they don't even listen.
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I asked for a loan to resolve some personal expenses and I still have about $1200 left, I have the intention to invest this money and with all the cryptocurrency uproar I do believe this new universe is probably the best place to invest this money, (if I'm wrong, let me know)
Now, I have two main ideas, either I purchase $1200 worth of bitcoins and hold on to them expecting a higher capitalization, or I invest in mining equipment to mine some altcoins.
I currently have a gaming rig with a R9 270X card, which, for mining purposes is profiting me about $20 a week.
What would you suggest me to do?
Read a lot and never invest money that you can afford to lose.
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Have you ever wondered how much money you lost bitcoin just because of your ignorance? This is not a paradise for the poor, but the place to bury the body for those who do not learn but want to get rich. Make a one-time inventory of where you are distributing your assets and give the right direction for your next plan, especially when the pre-coding market is in turmoil.
Not every person that have Bitcoin want to get rich. some people hold Bitcoin because they believe there is something new here and something that really can change.
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Since I started with crypto I've been looking for a way to convert crypto to fiat in a anonymous or semi-anonymous way but have found about nothing. I'm not comfortable sending copies of my passport/id to exchanges, but I would be comfortable just giving my name, address, etc like I do when creating a stocks trading account. The only prepaid card I found for the time being is advcash, but they have a limit of 250usd and then you have to verify yourself, besides that I've found no good solution. How do you do? Do you all really send copies of your passport/id to exchanges? wouldn't that go against the spirit of cryptos?
I don't think you can. I think to change to fiat and cash out you must to get verification from the trade marker. You're only way is to sell your crypto to privet people.
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Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies They called on people not to get involved. Should we be afraid or the banks are!
I think that in some ways they do. One of the goals of the Bitcoin is that people do not need banks to transfer there money, every person responsible for his on money.
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What are you waiting for, bitcoin is at their lowest price so buy bitcoin as much as you can if you really want to get some real or good profit in future, This time bitcoin will make new record and cross 25k$ price by the mid of 2018...
Your Opinions?
I believe the people who want to go with the Bitcoin for the long run should buy in this time. Now the price is pretty low and the people who believe in the Bitcoin have a good chance now.
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
It could be but I think not. Bitcoin is the start of this all thing and the all crypto and I believe it will be whats leading them.
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Early 2018 bitcoin prices slumped. When will the bitcoin price recover? How is your prediction?
I believe it will. The crush come because of china and there bans. But in a few months I believe the price will recover
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The lending programme Bitconnect which I previously predicted Ponzi, turned out to be true today. I personally invested 0 USD in this platform after 3 months of my research. But newcomers in crypto space doesn't have so much time like me and decide by their own eventually, thousands of people lost 10s of thousands of dollars today, with Bitconnect. What will you advise for them? How can we all make this crypto community better?
I personally think scams like these will bring negative trust in crypto space for a short time at least for this jan.
You right!!. things like these is what makes people lose faith and think that everything is bad.
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today the price of BTC is down by -36%. For those of you Bitcoin owners what are your plans in these circumstances? - Hold your Bitcoin?
- Selling Your Bitcoin?
and would you like to give me a reason. thanks. I think hold. People that now sell will regret it a lot if it going back up and I think it will
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The biggest crash in the history of BTC has been occurred from 2 days ago till now. It' all over now. If you don't buy after reading this post you will cry soon.
Couldn't agree with you more. I think this crash is only temporary and he is going up.
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Which one suits you the most?
Electrum is my choice. He is really safe and also very convenient to use.
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