2010, 2011, 2013 (twice), now...
Bitcoin is almost certainly in a bubble, a short-term one. I think we may be flirting with the Greed phase, but who knows?
Long term, I'm still very bullish - we may still be at "smart money" or the "lunatic fringe" as Andreas Antonopoulos would phrase it, so eloquently the way he does.
In terms of long term investing I think we are some of the earliest investors, bitcoin has not reached anything close to mainstream adoption and I think that is going to take a lot of time, when people finally realize that bitcoin is the next big thing a tremendous amount of money is going to be invested in the market, and when that happens, we are going to take advantage of the opportunity and make a lot of money. I don't think we're early investors but I also don't think this is not a bubble. The bitcoin exchange markets are stable at least and this makes me happy since I know bitcoin's market price won't de disrupted so much. If we're holders, we'll keep holding until our exit (sell) point. We are early investors, if we assume that at the end bitcoin is going to be used by 1 billion people around the world and that the current amount of users of bitcoin is 10 million then that means that bitcoin has only reached 1% of its maximum capacity, if being among the first 1% of users is not an early investor then I do not know what that is. |
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I saw in this forum someone who bought gold with bitcoin. Month later, bitcoin goes from 2000$ to more than 4000$ and gold remains the same price.
That is the matter with investments, sometimes you are able to time the market right and sometimes you are not, personally I do no know why he did that since gold has not moved much in the last 5 years besides he did that when the price of bitcoin was at its lowest, so it was definitely a bad move. |
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I think the biggest problem its not the bitcoin code, the biggest problem in this moment its the difficult to buy bitcoin from a safe exchange, the technical knowledge needed to set up a wallet, and the difficult to use a digital currency in the physical world.
I think the biggest problem has become the politics in bitcoin, the scaling debate stopped being a technical debate a long time ago and now it seems more like the usual politics you see everywhere, in my opinion this has delayed the rate of adoption significantly, so I hope we are able to leave it behind. |
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It will rise steadily, it's younger brother of Bitcoin after all   In future at most 10 cryptos will remain in the market with significant market share with top 2-3 sharing major market share and rest rallying behind, rest will have low or insignificant market share. Bitcoin and Litecoin are the major contenders for top 3 spots with Bitcoin on top but some unexpected can also happen but its chance is low. At the moment there are hundreds of coins I do not see why we will need to have such a low number of coins, there are going to be major coins that satisfy the most general needs of the population but there may be the need for very specific projects in which specialized coins will be the best choice. it's natural law. the stronger will remain and survive , the weakest will just gone and extinct. my guess is that the coins that have great community will always in top of cryptocoin list and dominate the market dominance. bitcoin used for many things, ethereum have smart contract that making eth capable of creating ICO and making people buying eth to funds ICO. while the other cryptocurrency, I don't see what the rest from these is really that necessary. If that was the case then there will only be but a handful of species on the planet and in fact what we see is the opposite, so I think the same reasoning can be applied to crypto, there is going to be a few dominant coins but there are going to be huge number of small coins fighting for the small markets. |
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Now ETH is going down to the dip. You SOLD or HOLD?
I missed the time to sell ETH.
I lost more than 10K USD. HOLD or SOLD with loss, I kept 250 ETH with highest price.
I think you should hold, there is no point in selling for a loss, I think in the next months bitcoin is going to go lower in value and ETH is going to appreciate, if you want to get out of ETH that could be the moment but I think you made a mistake by buying when the price was at its highest point. |
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I believe Bitcoin has a future in long term. It proved itself in the past years and it is getting widely popular. It just has a transaction fee problem atm.
What about the altcoins? Who does use them for real? Will people use them in the future for real purpose?
I only have a hope for ethereum and litecoin, but not for the rest. I am not even sure for eth and ltc.
If bitcoin solves the reansaction fee and time problem, I doubt eth and ltc even have a future.
LTC has a future, as we have seen with segwit, LTC activated it first and if there is something wrong the devs can take note and make adjustments, so think of LTC as a sandbox for bitcoin, about ETH, I do not know, the idea of smart contracts seems nice, but nothing has come out of it yet. |
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to start tradingquickly select new coins because the movement is definitely fast and we can benefit from it. but for long trading choose a potential coin and also coin which has dev who always update the latest news about the coin. For long term trading i suggest to choose stratis, ETH, WAVES, WINGS
That does not seem like the best advice what I mean is a newbie is probably not going to be able to react as quickly to the signals that the market sends as an experimented trader so I think it is better to start with a market that does not move as much in order to learn the ropes of trading. |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Definitely improbable in the short-term, but I see absolutely no reason why they absolutely could not be. We'd need prices like that to support larger volumes of commerce. You are right. In bitcoin cryptocurrency which is widely known and popular worldwide, I bet there is no reason that bitcoin cannot reach $50k. Because if we will observe, bitcoin's price hike is very fast to be established because of the continuous improvement and innovation added by the fact that whenever bitcoin's price rises, there are lots of people getting attracted to it adding to the massive number of consumers getting into large count of demands pushing bitcoin to rise its price. Though it is not that fast to happen, it is possible. Maybe not now, tomorrow but on the future it will surely reach that amount or even more. Bitcoin can reach that price but there are two problems, the first is how long that is going to take and we do not have an answer to that and second is are you going to keep holding all that time or you are going to sell? Because not many people have the patience to hold for so long. For 50K dollars I think that would not gonna take so long, we will reach that price in maybe less than 5 years because people are adopting with bitcoin and this year alone a great percentage has been achieve already. It seems we have different visions about how long it is going to take for bitcoin to reach that price, I think at minimum it is going to take 10 years, but even if you are right, have you hold bitcoin for 5 years? Do you know someone that has done it? Because it is not as easy as we may think. |
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As i know gambling is all about luck and how to control my greed, except sportbetting (of course need skill and strategy).
I have experience in gambling (casino), somtime i hit big only with faucet or free money and i can withdraw from that. but because my greed i always want more and more, then i'll come again with my money as bankroll. Bet more and hope win more, but because of that i'll lose my money little by little and usually i'll stop after my bankroll to be "0". I call that with greed.
Anyone here have any suggestion to control my greed? Let me know.
The most important thing is to ask yourself why you are gambling and answer with honesty, if you are into gambling to get profits then you need to be realistic about the fact that very few gamblers make money and since you are not one of them then you need to set limits to how much you are willing to risk in a session. |
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Do you gamble at land based casinos?
Yes, but it depends on the casino, there are legal and illegal casinos in my country, I only play in legal casinos, since many of the illegal casinos are very shady places in which all kinds of dirty and illegal stuff is probably happening, so it is better to play it safe and avoid places like that. |
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Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
I think it is still better if we all holding both currencies which are the cryptocurrencies and real currencies because in our time, there are still states and countries who are not yet operating and accepting bitcoin because bitcoin may not yet been established or been legalize into their country. Also those currencies have different usage with regards to different situation because both have different specialization when it comes to usage. So it is still better if we hold both currencies. Maybe in the future you may have a choice to choose one or the other but at this time, we need to hold both it is almost impossible to live our lives without fiat, in my country I have yet to see a single business accepting bitcoin, so in less than a few days I will be hungry since I will not be able to buy anything with my bitcoin. |
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Hi,
Hope I posted in the right board and totally new to this investing bitcoins.
I got under 0.1 bitcoin lending on poloniex but rates are too low for a good return.
Where is the best place to Invest bitcoins with the best returns and lowest risk?
Thanks,
with .1 wort of bitcoin i guess if im with that balance i would buy some altcoins with good potential its either a well established coin i guess i would go with bcc, lisk,exp,doge ,xvg or you can also go with new coins with good backup projects and success ico 0.1BTC is not really a lot of money, I think a good idea is to wait for an ico that you think it has potential and invest in it, on the other hand investing in altcoins is good idea too but the market has been very difficult in the last months since bitcoin has risen in price so rapidly, so if I were given the chance to choose one I will probably invest in an ico. |
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Can you really be sure you will profit unless you have insider info?
No, you don't necessarily need insider info to be a successful trader, but it helps, a lot. Trading is not about guessing, of course you can do that too, but don't forget that we have market indicators, news and expectations. You said it - you need to be educated - and when you are educated enough you will have higher chance of making good trading decisions. What do you mean about "to become educated?" Can you recommend some books, articles, or it is a matter of experience only to become a good trader. Or only option is to make mistakes and to get knowledge about the market? Any good book written by a reputable trader is good enough, but trading is one of those things that you cannot learn completely out of books you need to go there and practice the art of trading and find out if you are any good, this is why some people seem to have a natural talent for it while some never grasp trading at all. |
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2010, 2011, 2013 (twice), now...
Bitcoin is almost certainly in a bubble, a short-term one. I think we may be flirting with the Greed phase, but who knows?
Long term, I'm still very bullish - we may still be at "smart money" or the "lunatic fringe" as Andreas Antonopoulos would phrase it, so eloquently the way he does.
In terms of long term investing I think we are some of the earliest investors, bitcoin has not reached anything close to mainstream adoption and I think that is going to take a lot of time, when people finally realize that bitcoin is the next big thing a tremendous amount of money is going to be invested in the market, and when that happens, we are going to take advantage of the opportunity and make a lot of money. |
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Hi guys and girls! After making quite a lot of money then losing it and crying about it half the afternoon I have decided to give up gambling for good. Its not for me in have a much too addictive personality. So now I just plan to work for casinos but not gamble. The thing is you know you should cash out but you always want just that little bit more and then u lose the whole lot. I'm stupid and greedy. Right after I lost i put more in and doubled it then I went all in and lost it. So yes u can make a killing gambling with such a small about like a few dollars but then u lose all u make and waste a lot of time and energy and end up getting upset. Also i shake like mad when I gamble and I hate that. I tremble. When I lose I can't believe what the screen is telling me. So any thoughts ? Ways to stop ? Ways to gamble with play money ? Maybe there are dust gambling casinoes I can use? U know just for fun and for the fix. You are showing very strong signs that the best thing to do for you is to stop gambling for a while, gambling is great thanks to the amount of fun and entertainment that you get, and the thrill of the game adds another aspect to it that not many activities have, but when you are worrying all the time about your possible losses then it is better to take a break and do something else. |
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It will rise steadily, it's younger brother of Bitcoin after all In future at most 10 cryptos will remain in the market with significant market share with top 2-3 sharing major market share and rest rallying behind, rest will have low or insignificant market share. Bitcoin and Litecoin are the major contenders for top 3 spots with Bitcoin on top but some unexpected can also happen but its chance is low. At the moment there are hundreds of coins I do not see why we will need to have such a low number of coins, there are going to be major coins that satisfy the most general needs of the population but there may be the need for very specific projects in which specialized coins will be the best choice. |
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Bitcoin obviously has a lot of different properties than gold, and is in many ways better than gold.
Or, at the very least, you could say it's similar to gold (in terms of value).
Perhaps someday, in the not so distant future, people will be happy to get a few mBTC to store their family's wealth.
Is it true ? I think people are still more confident in gold. although its use is still less efficient than bitcoin. gold is one very good asset to store wealth, even the government also better suggest gold. I don't see the need for the comparisons here, they both have their pros and cons and Bitcoin is slightly having an edge because it's an online currency and can do more than gold but gold is tangible and can be safely kept than bitcoins which need internet before you can access them I think it is fair that we compare them, gold has been the point of reference for a lot of time and now bitcoin wants to be the new point of reference when it comes to currencies so unless we can compare them then we will not know if bitcoin is better than gold, and it is clear that since I’m on this forum I think bitcoin is better than gold. |
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I lost quite a lot of Sc, stratis, xrp and Dgb. And you
This is normal because people try to get more bitcoin right now. They saw bitcoin is going up dramatically and they didn't want to miss this action. Whenever this happens, there is big dump happenin on all the altcoins, as usual. Correct, bitcoin has a lot of action at the moment and the eyes of everyone are on bitcoin so it is normal that altcoins are losing value, but you can rest assured that the price of altcoins is going to go up next, bitcoin moves and then a few months later the altcoins move as well. |
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I think the being decentralized is the biggest drawback of Bitcoin. Currently being decentralized sluggish factors down when it arrives to choice and modification particularly employing correct and upgrades. It wants consensus and as we see, it normally takes a long time just before 1 good up grade to be applied.
This is completely incorrect the biggest advantage of bitcoin is that is decentralized if that was not the case, governments would have destroyed bitcoin already by seizing a few servers and this is why most people want to have small blocks so bitcoin remains as decentralized as possible. |
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Bitcointalk username: andrei56
Wheel99 username: andrei56
Forum rank: Sr Member
Post count: 921
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