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Bitcoin provides path to earn through different sources available, some were investment based earning and some doesn't require capital investment. So people who doesn't wish to earn, can buy with the fiat one have from a day job or from some other business platforms.
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Buying bitcoin is not that a hard thing to do, because we've got lot of exchanges providing with the easiest accessing. Maybe the price seems little big, but when we think of the the denominations available it is truly affordable for each and every level of people.
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I think Bitcoin cash got a good development team behind to support in the growth and increasing usage. The game changer asset grew all of the sudden letting the users profit good. Being a fork of bitcoin added value to it and once again the price seems to be moving within limits to move further.
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Any market we cannot expect the chart to show the growth only in the forward direction. With bitcoin for growth all that required is trust, without it however hard you make predictions nothing is going to happen. Also some don't understand and when it falls little value fears and this discourage people who enter the bitcoin network.
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Dollars invested below now has got turned to millions. Along with the growth it too has provided users with the opportunity to be a part of the technology growth. The technology that made it successful is getting adopted in several ways based on the effective form of functioning it has attained over the years.
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Nothing seems wrong, it's good to give importance to altcoins as well. Because what bitcoin has achieved is a increased price, similar to that no other altcoins has reached. Same time if the growth percentage is calculated there are altcoins that has pumped high. In this regard through altcoins one can earn similar to bitcoin based in the investment.
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What is the need to stop ico. It has been serving as an added support to the growth and spreading of cryptocurrency throughout the world. Maybe some could have gained the investment and termed as a scam due to lack of growth and when it comes to reality most were already self regulated and works without flaws.
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
its actually a false consensus. most people are only dimly aware of bitcoin, let alone have a concrete and negative opinion about it. the fud we do hear (because I know that bastards are holding, and trying to talk the price down) is just that, fud. why is it that so folks (bankers actually) dont really care about bitcoin, but are willing to go on record making predictions/bold statements regarding bitcoin? notice how I dont comment about the price of orange juice futures. mainly, because I dont give a fuck. Agreed with the statement, as it's a speculative asset anything could manipulate the market to some extent. This when gets circulated among the users who were already in fear or dimly aware of bitcoin will surely tend to get out or stay with a panicking mind which is not gonna benefit at all. |
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hi, what will you do? If the bitcoin price is suddenly cheap
Many of you would buy btc if it becomes cheap. First I would try to understand why the price has suddently gone down, why suddently many more people wanted to sell their coins compared to the people who wanted to buy. Is it because of a rumor (then buy at cheap price) or a real fact that could endanger bitcoin's future? When you analyze and make a thorough understanding about the drop of the price you could find the price to be in the peak value again. You might find this to be a natural price move, but the chance of investing at an lower price will be a missed one. Myself will invest as much if it becomes affordable to my level. |
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If physical money is unavailable, there could have never been a electronic money. To provide the ease of transaction digital money came into existence. Later the same became more popular and got used all around, but the same never affected the paper money which is used by all levels of people.
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Hi, got ranked up. Please consider it and update to Senior Member from Full Member on the Signature Campaign spreadsheet.
Thanks.
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Bitcoin has got regulated and not banned. This doesn't lead the market downtrend, several countries have the same issue of regulating the ICO to have a perfect growth. Even in a recent meeting Russian economic minister stated that it's a must to regulate and use, because those icos play a major role in the upcoming startup growth and entrepreneurship.
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Banks were the primary economic stimulators. Without this nothing could have been formed in a better way. This can be of economy related factor or something that is concerned with the growth of common men. This can be the realization period for the need of technology. Maybe banks will adopt or gets committed to these innovation and make changes that keep the users without moving away.
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However hard you keep your bitcoin in a much secure manner, hack happens if you were Unlucky. You could go through our forum and understand the reality of getting hacked. The same thing happened from one of the trusted trading platform with me, where I got hacked though I've enabled most of the security features.
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Right now there are few banks that operate on bitcoin. The implementation of blockchain technology is gaining importance upon most of the banking sector. So, in future banks will be operating completely on Blockchain technology same as our bitcoin. One thing need to be considered, new banks with bitcoin as operational source might exist, but banks won't get replaced.
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That's good to get some updates regarding the ICO that has been long expected. Now the social media bounty distribution too helps with the growth of the and make the project reach large user network which is much appreciated. Banking is much important with everyone's living. Now it is purely a matter of survival and going to more popular when getting listed to exchanges.
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The best way has been suggested by many users. It is to create a service that is unique and also a regularly used one. If this is possible, people will look for such service and can earn through the same in terms of bitcoin. All that's required is promote the service through different services available as well need gain trust to make it grow higher.
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The block size is an factor and next to that is the power consumption for each transaction. This has been increasing time to time and the same gets reflected on the transaction fee of each transaction. Compared to the past the price has grown bigger and the same too will contribute to the transaction fee increase. Anyhow the transaction getting stuck to the network has decreased a lot.
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No need to stop buying of bitcoin for simple reasons that won't affect the reality life. Unlike the price its good to buy bitcoin to profit through it. Also it has provided useful resources the availability of buying bitcoin according to the affordability. So rather than giving consideration to the price it's good to buy expecting profit.
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The price seems to be big to be achieved in such a short time period. In my view it has got the possibility to reach $100k, because when a single country made an entry to bitcoin legally the growth experienced is big. If the same continues with more and more countries reaching $100k won't be a big deal.
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