The price went down for this week and that's going to be one of the best time to get a good buying rate for bitcoin. And for those that are still thinking that the price can fall once again and you are waiting to that point to buy cheaper coins if I were you I'm going to start buying now. It's weekend and for sure after Christmas day these on sale alt coins especially bitcoin will start to become expensive again.
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
My eyes is getting blurry, I thought your title says "Bitcoin's fee is getting low" They can't trace on what's the reason why it's getting low? The reason is that everyone are selling their bitcoins for the Christmas day and there's nothing new with it, this has happened before and can also happen in the future. And anyway, welcome to bitcoin.
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When bitcoin is falling the only thing that you can do is to keep on buying as many as you can. -22% is a big one and it's an advantage for those people that wants to have a good entrance to bitcoin. That's the only way to make money from these corrections. You only need to take time to understand that when you bought, there's a chance that dip will continue but still you have to endure and wait for it to increase.
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I am completely new to this but I want to invest $100,000 and keep pressing and parlaying it until I have 5-10 million. Is this possible? If so any tips, strategies and recommendations would be greatly appreciated. I’m ok with losing it all but I want a shot at making life changing money. Thanks guys.
That's a big investment and you have a big amount for the profit. That's possible though you need to take note of what are the slightest coins that you can take advantage of buying while they are undervalued and you can easily get profit from those coins by buying hundreds of thousands of it. You seem to be confident of losing this $100k but I doubt it that chance of losing is high with that capital.
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288000+ Unconfirmed Transactions.
The current unconfirmed transactions are down now to 263350 so that was a good indication that there are transactions that were confirmed already but still that's a high number. Please kindly stop making Bitcoin Transactions for a day or two...The Blockchain needs to catchup!
It's Christmas season mate so we can't stop people of doing it so and we all want to enjoy the holidays so everyone is just cashing out and keep on transacting. If you want to stop sending bitcoin, you can do it alone but it can't push others of following.
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strong hands sold the top, weak hands sold the dip ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) This is what happened weaklings bought at the top and they sold at the dip. They didn't just sold at the dip but the wrong mistake of not waiting for some more time for recovering the amount they purchased bitcoin at the peak. They surely now going to regret that move but still charge to experience, I have this mistake before but as the time goes by we are learning from it.
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Again another guy says that bitcoin is a bubble. No, it is not a bubble and for the crypto's sake many times it was told. You people don't want to stop on saying things like this. The correction has come to bitcoin and it's followers too so that's a normal price movement that everything has been flagged down and red but look on what's going to happen with it's movement. Maybe at the first week of January, it will all be green.
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I do not panic and keep my bitcoin. I think this is a tough time for a bitcoin hike. But I will be patient to not sell it now and will wait any longer.
Good for you! Before I was one of those people who are panicking when this is coming. I can't accept the fact that the price is falling down that quick but this is me before but now I learned from that thing and I just held all my bitcoins and did nothing wrong as for this major fall down of all crypto's.
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I live in India in my country no one super market or mall or shop accepted bitcoin but maybe in future
Until now I haven't known that there is a supermarket that starts accepting bitcoin but all of our speculations is possible to happen in the future. For now, we can just keep on asking or suggesting these supermarkets if there is a chance for us to talk to any of their relations department but I think they are taking a look at bitcoin already because of it's popularity.
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1 bitcoin a month? No, you cannot make 1 bitcoin a month without investing. But if you really don't have money for investment, then you should try doing the bounty campaigns to earn bitcoin but not yet 1 bitcoin because that is impossible.
With the decrease of bitcoin on it's price I can say that 1-2 BTC now for a month or two is now possible. Having a diversified investment and it was scattered all over the crypto and you'll sell them at the same time then you can earn that amount. But it's like a one time big time sale and it can never happen again not unless you'll be stable with trading and you are very familiar with what you are doing.
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Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
Probably whales are cashing out and the middle to low volume holders did followed with the hype or has a feeling of FOMO. Majority of the listed coins on the coinmarketcap were all affected and there's no one that can avoid this thing. On these days the best thing to do is to wait for it's increase or while waiting for that pump again and greener pastures, take the ride of buying your desired coins because after this it will really pump.
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Other countries / government may ban bitcoin if they wish to do it so but there are still some countries that are recognizing bitcoin. In my country, the Central Bank already knew the existence of bitcoin and cryptocurrencies and they have been alarmed and amazed on how much our countrymen is earning through it. But what they did is they don't advertise any crypto or exchanger but they are warning people about it for being used for illegal activities and as a citizen we just have to follow their directives and warnings about it. And the good thing is they didn't ban it.
Already in my country government knows the use of bitcoin and bitcoin is not official here, as it comes under the scanner of IT department, recently they have said that they have already made a survey on bitcoin users and investigating the use of cryptocurrency. It is better to make official and by that they can charge like taxation thay would be better way of handling it. They can do whatever they want, they know how to use it and it's up to them if they'll declare it as something to avoid for or not. There's no need for them to make a declaration about their support to bitcoin and make it as an official thing. They can just put some regulations and rules on how they will take over the use of bitcoin but they can't control it's main value and volume of trades but yeah expect taxation.
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This is how the crypto market works and no one knows on how long all this blood bath will end. This is a shake for the weaklings so for those people who bought this shake and they ride the panic then that's something that they should learn in the future. At this moment there's nothing wrong if you'll just stay calm and don't panic at all because everything is going to be fine again maybe not tomorrow or next week but next year.
People will definitely start buying bitcoin soon again. When bitcoin starts going up, we'll see the alts start going down. If you have thoughts about whether or not bitcoin is right for you while it's in the red, then maybe you shouldn't even have gotten into bitcoin in the first place. Volatility is a major part of the coin itself and it is what makes bitcoin bitcoin. When the alts go up, bitcoin goes down because people are letting go of their btc for other alts. BTC will re surge when people realize there won't be an opportunity to buy at this price soon again. Yes, investors or traders will take time to buy now as this is almost everybody has been waiting for. With the movement of crypto now everything has been affected and this is not the first time that it did happened to crypto. On these times just like what I said is we have to be calm especially those newbies out there or else they will be included to the shake of the weaklings since whales prefer doing this when there's enough increase and it's good for taking out profits.
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All ALTs coin going down with BTC price decrease. Is it a temporary situation ?
Not all alts are going down but majority of it. There are some alts that are surviving on this correction and one of it is XRP that just replaced bitcoin cash on it's 3rd spot. Every correction, pump and dump are just temporary remember that not all the time it will be a good healthy and go market. Having a reddish market is making the whole thing healthier and this will start up a new scenario that these bloody coins will be reaching a new ATH soon. yes really what you say, altcoin down only most not all altcoin whose price is down. the attack is very interesting XRP position is in the 3rd spot Attack or not, this is how it goes. For those people that are putting their emotion or starting to be emotional on this decrease of almost everything then you need to become stronger. You must not panic at this time because this thing can happen again in the future but what's important is that you need to buy now and take the chance for your own advantage. Don't cry nor don't murmur when this is happening, take chance of getting those reddish coins.
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All ALTs coin going down with BTC price decrease. Is it a temporary situation ?
Not all alts are going down but majority of it. There are some alts that are surviving on this correction and one of it is XRP that just replaced bitcoin cash on it's 3rd spot. Every correction, pump and dump are just temporary remember that not all the time it will be a good healthy and go market. Having a reddish market is making the whole thing healthier and this will start up a new scenario that these bloody coins will be reaching a new ATH soon.
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I’m suggest all time to holding token because altcoin always pump and sometime dump so if you hold your token you can grow your profit but most of the people don’t want to patience because he has a no patience to wait.
It's not only happening in altcoins but also to bitcoin. This is now the real test of patience for long term holders, I decided that I'm not going to sell and no panics anymore. And all of us are into the same situation that we don't have to do anything but to keep on holding. Checking all the coins at coinmarketcap, most of them are in red and few are healthy and can be counted with out fingers.
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Pushing people to support byteball? Bitcoin isn't dead and will never be dead, confirmations are taking so long because people are still buying it and there's a big demand on it so there's no doubt that bitcoin is still kicking and alive. The fact about bitcoin as a way to transfer payments and we are all inconveniently accepting these high fees and it's everyone's problem that we've been dealing with it. But wait for it, lightning network will settle everything and bitcoin will be great again.
"Never"... that word should NEVER be used. Byteball is a RADICALLY different algorithm that solves the problem of scalability at the base. Sure, it needs extensive testing, but it deserves to be tested. Bitcoin on the other hand has reached AGAIN a complete congestion time, and its network is probably under spam attack. This exposes an intolerable weakness. And if you know how the LN works, you understand that it won't be the final solution either. In case you don't know how the LN works, here's an interesting article: https://medium.com/@homakov/why-lightning-and-raiden-networks-will-not-work-d1880e4bc294And no I am not "pushing" for Byteball, I have invested on around 30 altcoins, and IOTA uses a similar Network Algorithm. I am not here to make advertising, just saying mine after showing that there's something wrong going on in Bitcoin, and believe me, I'm really sorry for this, but it seems it took too long to Bitcoin to change and update its protocol, and it's making the end of Netscape: didn't keep up with competition and evolution of the technology. Oh, and the price is tanking and my 4 BTC are stuck in shit and I can't exchange them. Why shouldn't I use the word never? I'm a bitcoin believer and there's nothing wrong for me to say that thing. And you can also use that with byteball. I have nothing against byteball and I have witnessed it great gains for the whole time. Every coin that will experience congestion means that they are crowded and look on how ETH is experiencing that thing too and it can possibly happen to other alts too. Every time there are problems that are existing and there's a solution coming up for it, that may not be the final solution but always there will be.
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This is how the crypto market works and no one knows on how long all this blood bath will end. This is a shake for the weaklings so for those people who bought this shake and they ride the panic then that's something that they should learn in the future. At this moment there's nothing wrong if you'll just stay calm and don't panic at all because everything is going to be fine again maybe not tomorrow or next week but next year.
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Just move on man when it comes to these type of scenario don't feel sorry about your decision because it will just chase you and even before you sleep you'll just struggle so thinking about it will not help. Learning from this mistake will help for future decision making, me myself I have the same error committed but it goes to bitcoin for selling before when I was quite new to it and I thought that was a good decision. It help me with the way when it comes to deciding if I'll buy a new coin.
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How high can it go? Thoughts?
I know shouldn't put all your eggs in one basket n all that but im all in on Ripple
Bought at 0.2
It's your choice if you want to put all you've got with Ripple go for it. I've read some crazy speculations that by the end of 2018 it will go $100. Don't look at it seriously because I don't even know if that guy is serious on what he says and what's accurate with his prediction is that he said by the end of 2017 price will become $1 so it did happened. If I'm on your place, I'll take XRP and BTC at the same time.
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