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They want it to be highly regualated. Bitcoin always getting associated with money laundering by non-supporters and it really happens so that issue is like the tall wall that keeps other countries to reach bitcoin to make adoption happen.
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I want to be positive but the numbers tell it all. And besides, Bakkt announced that they will delay the launch of the futures again so I was really disappointed because it could be first step to gain momentum on the market to make it back on track again. And for sure ETFs won't be approved so I don't really have high hopes at this year to be honest.
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Once its like other stocks, we know that there is a huge chance that the prices will shoot up like crazy. However, after that we will see a lot of stability and this will not be very volatile like now therefore huge up and downs wont be possible and profits will not be huge (Including risks)
Is it correct? can someone please explain how does this works? Is there going be a big commission as well on each trade? is there going to be a margin? I actually dont understand this if someone can shed some light in simple terms. Thanks.
I think if SEC approve bitcoin ETF, the price will rising and daily transaction volume will growing bigger. ETF trading will leads big investor to cryptocurrency market and makes bitcoin holder more optimistic about bitcoin future. Good news will leads price increasing I'm also expecting that but we all know that SEC is very hard to please and it feels like they are very allergic to cryptos. Just imagine that there are big ETFs last year that are all denied then I can't really imagine them approving at least one in this year. |
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Anyone who has bitcoin that they bought more than $1k has a high chance of selling their own. I think CNN is really a paid network because this is like telling indirectly to all holders who bought higher than that are going to get rekt so they better be fast and sell it before everyone does.
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What is op talking about? It did not happen obviously. It was the opposite because it crashed hard when it was about to enter the month of December. Things have changed and the media are monitoring us and they always released the bad side that discourage buyers.
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It did not but we know that we don't like it's current status. It's a hard crash and it did make a lot of capitulation to happen in this year and we want that to stop. If bitcoin and death are still a thing then in my opinion, we are still stuck on the same cycle over and over again.
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I guess that is true. Here in my country, my fellow bitcoin traders are very cautious on answering the employee of the banks whenever they asked us about our source of our income. We often say it is from freelancing because it's much better to say that because if not then there is a chance our account could get closed.
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I think many buyers has become the reverse of what happened back in 2017. They treat bitcoin as a mistake because they joined the party when it was soaring high and we cannot deny that most of the money came from newcomers. I have accumulated enough bitcoin so I won't say that I'm afraid like them.
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I bet it's going to be an article that is just going to get published as simple as that. We need more and more infrastructures dedicated to btc because it's better to celebrate if there's something good to celerbrate. I really hope that US will start the huge adoption to make 2019 a good year start for bitcoin to be glorious again.
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Hodl strategy doesn't always work with every coin. We should only hold good coins that are worth holding like BTC, ETH. Holding shitcoins that are worthless will lead us to heavy losses.
Its true, different coin should be different strategy because have different fundamental. Hodling strategy only can implemented in good coin with big daily volume transaction and already have working product. Many altcoin in market are pump and dump coin and its not worth to hold for long term. For me it is not a good move if we hold coin in the market, the reasons are first before you become a successful holder there are some projects to be released with the same purpose, second most of the alts in the market does not have chance to prove themselves because investors does not want to invest to a coin that the ICO has done already for a long period of time. I agree. A lot of ideas has been released with just different names of the altcoin. Those coins are just doing the same and effective marketing is the only way to make their project survive and of course continuous progress. |
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### SIGN UP ###
Bitcointalk name : MidKnight
Signature Campaign
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They are just confused about cryptocurrencies. The decision must be fair and not base on news like it's just always used in the darkweb. Governments just only see bitcoin as an enemy and only visionary countries will see its worth like Japan and S. Korea.
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It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..
USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..
Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
I think you are questioning it the wrong way. It should be "Will credit/debit cards survive in the cashless world with bitcoin's prescence?" Because we all know that we just need an online wallet and a smartphone to transact and we always have our phones more than our ATM cards. |
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That is very accurate. The power of the people is much stronger than the government. The government is just there to make us safe and decide what is good for the rest of us. And though they see some negativities around bitcoin, its future is still bright because we are proving that it's much better than fiat.
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Bitcoins is as safe as our investments in education. But for me it's much better in education. Bitcoin is like an education which has a great future if we give time and our money to and give our whole dedication to it. Then after a few years, it will pay off and and we can use to change our whole life.
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I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
There might be but the only who are controlled totally is the media and not us. It's easy for the media to release anything and it reaches everyone of us so the FUDs affect us much more than good news because they are more focused on negativity around. |
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It would only happen if they have a strong proof that it is only been used for criminal activites or transactions but they can't prove that. They might not admit but they are not blind and they can see how millions of bitcoin users are there that use it legally like an ordinary fiat.
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I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?
I think this scenario is very possible. It could a group of investors will hoard a lot of bitcoin and then they wait for that shortage because they are just keeping to make the price explode. But I think the altcoin could also save us from that ugly situation. |
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I don't care if those bigtime investors have cashed out already their bitcoin because they will still be part of the cyce in the future. Our plan is for long term and its not dedicated only for those investors but it's for the average people. We just need to continue to reach that stage and stop looking at market prices.
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Bitcoin will help those countries that are experiencing hyperinflation such as Venezuela. I could say that it is now slowly helping them because the recent statistics show that they are the top 3 buyers of bitcoin in that popular exchange.
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