Do not get hung up on one bitcoin, there are still a lot of promising coins with good growth potential, even more than bitcoins. For example, you can look at the EOS, recently growing without stopping and probably will grow even more when the project is completed. Or ADA, or Tezos .... even Waves will make smartcontracts and probably there will be good pump when they go out to the mainet.
All of those projects that you are recommending seems to have some potential and they may grow faster than bitcoin, that is a decent possibility, however you are forgetting that most coins are very dependent on the way bitcoin moves and since bitcoin is not moving in a significant way altcoins are doing the same, this is why many people in the forum are complaining that the market as a whole is not moving much and this has mostly to do with bitcoin and its effects on the rest of the coins. |
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Taking risk is not bad if you are taking a calculated risk, that mean you have to know what you are doing and you have to spend time doing extensive research on what you are investing and if you are able to do that, it is called a calculated risk rather than going in blind. People drinking heavily and driving is always a dumb decision and it is a wrong analogy to compare with the risk involved while investing.  No it is not a bad analogy, there are many people in the forum that are investing in cryptocurrencies without understanding the risk they are getting into, that is not a calculated risk and at the end it doesn't matter even if they benefit from that decision taking such a huge risk without understanding the risk it is always a bad decision, following the analogy it is like those people that drink heavily and drive and still get safely home, even if they got a positive result out of their decision it is not like it is the right choice, they still made a mistake even if no one got injured. |
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Durin a global war with the involvement of electronic weapons, the price of bitcoin would surely decrease! But honestly, the last global desaster was when the earth was hit by an asteroid and the dinosaurs had to say good bye. So your scenario will statistically not happen within the foreseeable future and you can relaxed continue using crypto coins. The chances of a global disaster caused by some natural reasons are very low, the chances of a global disaster caused by human intervention is very high, you do not need even a war to create huge trouble for humanity just look at what happen in Chernobyl and we got very close to that happening again in Fukushima, if that were to happen again and there is a high chance that will happen again because no system is perfect, we may not be that lucky next time and we may end with a full country or even a whole continent being contaminated by radiation forever. |
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Bitcoin is the most famous and the no one crypto currency today. It hold the highest market cap in crypto industry. Also it use very advanced and secured technology, Block chain to operate. Lots of people's use bitcoin as a investment factor. This cause to maximize the capital of Bitcoin. But how long Bitcoin will survive in this industry ? Because lot's of government try to manipulate and control the crypto currency industry via introducing new regulation. As a country some one can do vast harm to bitcoin. We saw some of in past. If Bitcoin fail in this industry it will be a biggest financial crisis in this century.
You are asking this as if bitcoin is in any risk of dying right now, and that is simply not the case, bitcoin is not struggling at all it is still the biggest cryptocurrency in terms of market cap, it still has a huge dominance, the developers are the best in the world and it seems they are finally moving and are ready to implement solutions, while there are external factors like regulations that are trying to slow down the growth of bitcoin all the internal factors indicate that bitcoin is only getting stronger and there is no reason to think it is at risk to be supplanted by any other coin created by another person or government. |
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Then a day later it all starts to go down again. Lmao. Better choose the right alts folks... I think everybody must have started learning a thing or two about crypto by now. I don't think the more blatant scams will be pumping as much as before.
At least choose the scam that looks like it's really working on the code.
This is something that many are not taking into account but that it is key, people are learning and are no longer as naive as they where in the past, there was a time where people believed that you could invest in cloudmining and make money that way, but that time has passed and now everyone has realized that cloudmining is just nothing but a scam, now people are realizing that many new coins are nothing but scams as well and that is why the market is getting slower, if this is correct then this means that good projects will grow even more in the next years. |
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If investors bought their bitcoin at a high price, you cannot blame them if they choose to sell it instead of losing profit. I do believe that when there's a panic seller there would also be an interested buyer who believes that buying at it's lower price is the best time for purchasing bitcoin. With this it equalizes or helps bitcoin recovers.
At the end it is their money and they can do whatever they want with it, but you do not correct a mistake by committing another, they made the mistake of buying when the price was very high that is a terrible mistake but when it comes to bitcoin that mistake is not impossible to overcome in the previous bubble when people bought at the all time high of 1200 many thought that will be impossible to overcome that mistake, and those that kept holding obtain great benefits when they could sell their bitcoin years later for 20000. |
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What do you think about this possibility ? Would you invest in your government currency ?
Yes they can do that if they want, however I will never invest in such a cryptocurrency just think about it the whole point in my opinion to invest in cryptocurrencies is to get a currency that is not printed by any government, that is decentralized, so I will have no reason to invest in such a project besides such a currency will probably be closed source which means that we will not be able to see the code we will not know if there are some backdoors that will allow the government to supervise everything that you do with their currency. |
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Large holders manipulate the market. Nobody knows where the course will go.
Predicting this is impossible. No technical analysis will help here.
Whales can manipulate the market to a certain extent, but they cannot manipulate it completely at some point the ones making the market to move are small investors, what they will do is to try to manipulate people to move in one direction or the other and then when they finally see that people have taken the bait they take advantage of it depending in which direction they wanted the market to go, if they wanted the market to go down then they can get cheap bitcoin, if they wanted the market to go up then they can sell their coins and obtain great profits that way. |
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Bitcoin will never be outdated because it is an futuristic technology and will continue to grow as many developers around the world conspires to make it even more sufficient and even solved it's latest challenge the bitcoin scaling and many presented their solution to fix it. This shows how much dev,coders crypto specilist supports it.
Bitcoin will never be outdated for the simple reason that is updated very frequently by the developers, I know that some people get desperate and would like for the development to be even faster, but the developers are doing the best they can, I'm pretty sure that if they could deliver the updates faster they would do it, so the only thing that we need to do is to be patient, the developers believe so strongly in the future bitcoin that they dedicated their lives to it, which is a greater sacrifice than any other person is doing for bitcoin. |
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No, I do not think that the trend is broken. The volumes are not large yet, we must look where the graphics will go, while it's better not to buy anything.
If you are a long term holder the moment to buy is right now, you do not want to miss the chance to buy bitcoin at the current prices, there is no point waiting anymore if you wanted to buy at lower prices you should have bought when bitcoin was cheaper, now it seems very likely that we are not going to go back to those prices for some time and maybe will never see them again, so if you do not want to waste the opportunity that is presenting itself to you, you need to invest as much capital as you can afford in bitcoin and in other solid cryptocurrencies before it's too late. |
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It's astonishing why people are still so confused in accepting the truth about Bitcoin that it is a digital currency, the price fluctuation is the sign of life for it. It's far away from the dollar guys, stop thinking ordinary. People keep on looking at it's performance and demands for it to become like fiat with giving them all the charm and profit of a cryptocurrency, this isn't possible anyway.
This happens because people lack imagination, I have seen economists saying that bitcoin cannot work and when they described what they think it will work, they are basically describing fiat, they do not understand that bitcoin is something completely new and revolutionary, that is not just another currency, that is not just another way of investing your money, that is not just another way to make money, it is something different, it is something new, so I really think that this is a case in which people are unable to accept that the paradigm of what constitutes a currency has changed. |
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Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned
It seems you're not really understanding what is the point of cryptocurrencies, any business and government can create their own cryptocurrencies if they want, the point is if they're going to be successful in replacing existing cryptocurrencies and that is not going to be the case, even if giants like the ones you're describing create their own cryptocurrencies they will never be able to create something like bitcoin, why? Because if they did governments will go after them, you must remember that the only reason bitcoin is still around and it has not been destroyed is because it is decentralized, while the businesses that you are talking about are the example of centralization. |
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I think nothing happens as it has been for more than three months and no new price rises to 9000 then drops again, so there is no need to trade news is not good and nothing happens after
You are mistaken, trading the news can be very profitable but you need to know what you're doing, trading the news is trying to try to guess how the market is going to react to the news, this can be very difficult because sometimes the market reacts in a very abrupt way for a news that you may think are not a great deal, and the market may not move at all for news that you think should move it, also right now the price is above 9000 dollars in some exchanges, while I don't know if this is the bull run that many people have been expecting the fact that the growth is being kind of slow makes me more positive that we are finally in a positive trend. |
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Governments don't do things that are good for the nation, maybe there are couple governments in whole world that do that, but most of them are working just for their own interest. They are corrupted, to much, only way to escape from this corruption is to change entire system.
Believe it or not, they will put people in jail (if that didn't happen already), they will go even further, some governments are capable for big evil. You can see that from the past.
Only thing that gives me hope are ordinary people across the world, blockchain give us a glance of what is better, people are awaking from some dream with crypto. We are more opened for better things, not what governments tell us its better, what really is better. Just decentralized system can help us to have fair world, and we must have go in that direction.
I have no doubt that governments have the potential of doing everything in their power to retain their position of power above the population, but at the same time it will be impossible, just look at piracy, every year people all over the world download software, movies, books, games and music for free without paying a single cent to those that created that content and even with a very aggressive campaign by the media, by the producers of those contents and by the government itself and yet people keep doing it, why? Because it's impossible to catch them all. |
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I don't know how this can be put in doubt by some people, bitcoin is going to recover that much is clear, what we really do not know is when that is going to happen but if you are a long term holder that is completely irrelevant I do not care if it happens tomorrow of if it happens in 10 years I know that I'll still keep holding my bitcoin no matter what, in fact when you think about it, it is better that it takes as long as possible because that gives you the opportunity to get as much bitcoin as you can in that timeframe, that will be great for me because I did not had a lot of time to get bitcoin before it skyrocketed. |
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Some people would say that good moment to start crypto career is always. Most people agree that on long runs price can only rise, because of limited number of coins. To some extent I agree with them, but if I would have to me more realistic than I would rather go with your approach. Aim to join crypto when time is best, that way you maximize chance of success.
While technically that is true and the most common regret amount people that have adopted bitcoin is that they did not started earlier at the same time we cannot deny that there are bad moments to start investing in cryptocurrencies, and we have one of such moments very fresh in our memories, all of those people that invested in December are still losing money because they thought like that, they thought that any moment was a good moment to buy bitcoin and they find out the hard way that is not always the case. |
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I support KYC registration for ICO projects because it verifies the identity of the investor to reduce fraud in ICO projects. KYC also helps limit the speculation of investors using multiple accounts to buy large amounts of tokens and can dominate the crypto.
I disagree completely with this, why new projects need to know who you are? What is going to change for them if they know your name and where you live? Nothing, nothing is going to change the ico is going to be as successful as it could be, and I am also against limitations to the amount of tokens that you can buy, while I am not a whale and I do not invest in icos I do not see the point of that limitation, if someone wants to invest let him invest, it's his money he should be free to buy as many tokens as he wants besides by doing that icos limit the money that they could get out of investors. |
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I think that everything will be so banal and simpler that we do not even realize it. The fact is that there will be no electricity and internet, and hence there will be no crypto currency. As always, gold and silver are valuable.
It is likely that in such a scenario in which people are struggling to survive that not even gold and silver will have a lot of value, think about it, gold and silver have great value if the civilization is still standing, but if everyone is struggling for basic resources then it is way more likely that other stuff will be more valuable, we have seen this in modern armed conflicts people that have survived those kind of events have said that things like food, medicines, water or even toilet paper are more valuable than gold and silver. |
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First of all everything in this world is a risky gamble..every kind of investment are risky too ...but ofcourse for you to be able to manage risk in every investment especially in crypto currency you have to every little thin in it up to the biggest once ..how is it work.is it scam or not..and most importantly dont ever ever trust to anyone that says to you give them money and they can doouble it...so all you need to have are awareness and commonsense..
I agree with this, everything you do has a risk the real question is if you agree with the risk that you are taking? Many people take risks every day not understanding what they are doing, I have seen very reckless behavior, like those people that drink heavily and then drive they are taking a huge risk with their lives and with the lives of others, and there are many people like that invested in cryptocurrencies they are only thinking about the benefits that they can get but they forget that they are taking a huge risk, this is why I feel comfortable with my investment in cryptocurrencies because it's something in which I have thought for a lot of time. |
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While this is something which is horrible to see, I do think that these hacks and scams are highlighted a lot more by the media (and normal people) because they're happening in crypto. I think that if this was to happen to someone with their normal FIAT, they wouldn't be hitting the news-- because it happens so much no one would even bat an eye or care about the problem.
It really does give us a bad name like this, hoping for this to end.
In a way you are right all of these incidents are highlighted by the media because they know this will bring viewers and clicks to their websites, however we cannot deny the truth that the existence of digital money has made for hackers and for thieves in general their lives a lot more easier, now they can steal fortunes from the comforts of their own homes and the risk of getting detected are very low, credit card fraud is rampant right now and I am not very sure that this is going to go down if bitcoin is accepted worldwide in fact I think the problem will go up because now the security will depend on your average person. |
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