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Cashing out Bitcoin is not a good option, there are so many positive speculation about it, and I think buying alt coin is also not a good option, the condition of crypto currencies are still not stable, I think it's better to hold whatever coin you have and see how will the condition after August
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No, Monero is a good and potential coin but it is not a theat to any coin yet, most of the people prefer to used it for trading not for a currency, and when Bitcoin got problem people will run to litecoin or eth, Monero still far from bitcoin's alternative
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If you planned to have a long investment then you can buy and store bitcoin, but if you planned to trade it, I will suggest you to hold back the price is recovering but still not too stable, investing eth is also a good investment, it got a great future and electrum is one of the recommended wallet for offline wallet
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If you mean digital currencies are crypto currencies then yes it will be disaster and there will be uncontrollable inflation and deflation, crypto currencies never meant to be created as main currency in a country because it is decentralized, making crypto currency as your country main currency can cause your country being controlled by whale
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Most of the gamblers using Bitcoin because of the anonymity, and I don't see any problems regard to the volatility, if the price go up then I just bet smaller and if going down I bet bigger, it is just the matter on how you manage your bankroll, fluctuating is going to affect on your gambling bet but you still can play and enjoy your gambling
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It is a great idea but Bitcoin popularity is not enough yet and the government hasn't decide it is a legal currency or not, when the government had legalized maybe we can learn it in the college, and I think it is a good thing it will make our future transactions system become better, and crypto currencies can provide so many possibility for a better future
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I will suggest you to still work and treat Bitcoin as your side jobs, I knew that maybe Bitcoin gives you more money than your salary but Bitcoin price is fluctuate and who knows that how long Bitcoin could survive or how long until the government make a strict regulation about Bitcoin, so it is better to have a stable job
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I haven't see any good improvement from etc yet, the coin itself is quite famous, but nothing new about this coin, the future for this coin is uncertain, unlike eth who had made a lot of improvement, so we can only wait and see, but I think it will go down just like other alt coin
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Yes but nobody can predict the future and 7 years ago I still didn't know that Bitcoin exist, so no need to calculate the things that we won't owned, it is better to focus on the present and the future, we still can get profit from Bitcoin and alt coin, now we need to focus on how much and how long do you dare to invest on crypto currencies
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Actually, hanging around here is the way to learn more about bitcoin and its market. I was a newbie here and I have learned a lot from each crash and from other people. Some of you think that it is wast of time in here but to me, I believe that this forum is the best place to obtain more knowledge from veteran members. There are many sections around here. Also, you can start talking with other people so that they can teach you more about the bitcoin market
I think I agree, there are so many things that we can learned from this forum, sometimes internet can mislead people with false information and in this forum we can know how Bitcoin works and how to avoid scammer, I can get so many information from this forum and the most important it's the place to share experience |
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Bitcoin is a great for side income, this can be a temporary solution to your sister financial situation, but they should looking for a permanent job, we don't know how long Bitcoin can survive and Bitcoin price keep on changing, and the good news is after you got the job you still can earn with Bitcoin as your side income
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For sure I won't try to gamble it again, I think the first thing, I will buy a house and a car and then I will take my wife and my kids go to vacation and I will invest 20%, I will find a suitable business to established, and I will held a party to celebrate my winning
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I think I will hold both of the coin if hard fork is happening, I see the coins as the long term investment and the price will not really good when hard fork just happened, so I will hold it and wait for the right time to sell it, I wish hard fork could be avoided but I must prepare for the worst case
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If you were asking this question few years ago then maybe you can see an equal user, but dogecoin already being left by the user the price has been falling down a lot and it is struggle to survive, for now majority people will choose Bitcoin, because Bitcoin got a better future than doge
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Let's say if all of the people in this world already using Bitcoin and 20m Bitcoin got stolen then the price will fall down a lot, the price is based on the supply and demand by holding 20m maybe is going to caused the price going up, but there won't be any transactions volume and it can caused the price to fall down quickly
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It is a dilemma situation, there are so many speculation on how Bitcoin future after the August, hopefully there are no hard fork happening and because of this situation the investor having doubt to hold or to buy, this has caused uncomfortable situation for traders and holding Bitcoin is like gambling and hopefully today rising could be the start of good things
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I think the best option is to watch and observe, when the bitcoinabc appears we still don't know what will be the potential and then the price is also low, so you will only get extra few dollars, but when you hold it who knows in the future it can be expensive, you won't lost anything by holding it for a while
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It has been a rough month for traders, not all the time the coin going down there are few times the coin going up a little, even though it is only a while, but it is not a good time to trade, it is better to hold your coin, and it seems like it's getting worse hopefully after the August the price can be bounce back and stable
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The problem of Bitcoin are transactions speed and transactions fee, if both of them can be handle then retailer will consider adapting Bitcoin, but the problem lies in the price volatility, as we know Bitcoin price change every day and for the retail shop who got small profit from the selling will be difficult to adapt it
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I am not really excited to see the split at all, this incident will caused the price to go down sharply and the dominance of Bitcoin will be gone, Bitcoin unlimited will makes the transaction become faster but I am afraid Bitcoin splitting will makes both of the bitcoins become weak and then it will be replaced by other coin, at that point Bitcoin value will be decreasing a lot
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