The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
I really do not see any kind of correlation between bitcoin or cryptocurrencies and oil, they are very different assets, one is a digital currency and the other is a natural resource needed for the creation of many products, it will be interesting to read your theory about what kind of connection do you see and how that is going to affect the market of cryptocurrencies. |
|
|
|
For sure, bitcoins will continue from the $8000 price to 12000 usd any time from now till august. I have faith that bitcoins is going to hit back at the 19000 usd price it was before 2017 came to an end.
I disagree with idea that bitcoin is going to touch its previous all time high before the year ends, I know that some people want to see that price again as soon as possible and I would like to see that too but that doesn't mean that I will let my desires blind me, we're probably not going to see that price until the next year or maybe we will need even more time. |
|
|
|
I think Bitcoin has somehow broken the stability and created inflation, which is inevitable. However, the benefits of Bitcoin are immense. It helps us improve our transactions as well as protect our assets. In addition, it reduces the rate of unemployment as well as the life of people is increasingly higher. Bitcoin is the currency of the future so it is becoming more and more known and will soon spread throughout the world
Bitcoin is not breaking the stability and creating inflation, how could bitcoin do something like that? Inflation is created by printing too much currency and as we know bitcoin has a fixed rate of creating bitcoins that is adjusted every two weeks, while governments control their own currency directly and they can print as much as they want, and they do and that is why they create inflation. |
|
|
|
Don't expect too much in mid year. Market will rise again in Q4 just like last year. And I'm very excited for that. Besides ETH is a powerhouse coin. You can never go wrong in ethereum
I agree with this, the price is going down again and we are not seeing any kind of news that could make us to expect that the price of ethereum is going to go up right now, so the best thing that we can do right now is to wait, if you do have the money then the best thing that you can do as to invest all the money that you can afford in ethereum. |
|
|
|
In the present time economic situation in our country is improving and crypto currencies are normally operating in our country and the unemployment will reduce with crypto and soon the new business will also grow in our country which will increase crypto demand.
The situation in my country has been the same for about of a decade it is not doing that bad but it's not doing that well either, but I suppose that things are more or less the same everywhere we are seeing a slowdown of the economic growth of all economies and this is because governments are seriously invested in there is no way to pay that debt. |
|
|
|
Well, majority of people are missing the whole point of bitcoin. Bitcoin wasn't made to be an investment for profit. It was made to make transactions easier. Some people, especially those people who heard about bitcoin can make people rich are investing on it, hoping that it can make them instantly rich. Those kind of people usually, ended up losing a lot of money, especially, those who have bought during the pick, and panicked selling it when prices are going down.
While you are correct that those that are doing that are missing a great deal about bitcoin, the truth is that we cannot deny that bitcoin is also a great investment and how could it not be? When you look at other currencies around the world the only thing that they have over bitcoin is how long these currencies have been in the market, but when it comes to almost every other point bitcoin is superior. |
|
|
|
You are right, working smart is advantageous in many folds!
But i think you should working hard with smart mind because if you just work in smart and no hard working so it will never beneficial for you, so it is very important that you will work smart with hard working. It is very important to do both no one that gets far in life only does one, you need to work hard and you need to work smart that is the only way to get ahead in life, look at any famous person that you admire whether that person is a scientist, an artist, or a businessman and you will see a person that worked very hard for what he wanted and that also was really smart and found new ways to do something. |
|
|
|
As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
You should set a realistic expectation about the price of bitcoin 1 million by the end of 2020 is very unrealistic I know that you have read that prediction, I think that anyone that cares about bitcoin has probably read about that prediction but it's not going to come true, so you need to come up with a plan and set a target price and once that price is reach you can sell your coins. |
|
|
|
Do you predict crypto to get to new highs or the opposite ?
I speculate a sharp decline on Cryptocurrency specially Bitcoin this year.
Call it a inner feeling.
From what we can see it seems that that year of 2018 is going to be a bad year not only for bitcoin but for cryptocurrencies in general, and I do not think that we should be surprised that is going to happen because the price grew up out of control in the previous year and now it seems that is going to take us a lot of time before we see another growth like that. |
|
|
|
The price of bitcoin will surely increase but unfortunately no one knows exactly when that is going to happen, that is why it's important to remain consistent like what you are doing, I know that it can be very hard especially when the price crashed so rapidly at the beginning of the year, but if we want to avoid losing money and even better if we want to earn money we have no other option but to hold our coins no matter what.
Exactly. We could never know the real value of a Bitcoin within a few years from now. It could be worth either thousands of dollars, or zero dollars within an instant. Its high volatility can either make you rich or poor before you know it. That's why, even if it's good to hodl some Bitcoin, it would also be wise to spend it before it becomes too late (if value declines massively). By spending your Bitcoin, you would be contributing to the crypto economy and allow other merchants to grow over time. But, if you decide to hodl your Bitcoin for a long time, then you should proceed with caution as huge price increases are not guaranteed. Hopefully, that's not the case as we might be able to see Bitcoin become worth $20,000 by the end of the year. There's so many exciting stuff coming along such as The Lightning Network, and sidechains which will make Bitcoin stronger than ever before. The Lightning Network will have a huge impact over Bitcoin's price in a positive way, and interest will spike at a greater rate than last year. In the meantime, Bitcoin prices are relatively cheap and could be worth buying and holding for the long term. Just my opinion  I think that the chances that the value bitcoin becomes zero are very low, and while spending your bitcoin makes our little and contain economy stronger I really do not have any need to spend my bitcoin, there is really nothing that I want and since we know that the chances that bitcoin goes up in the future are very high I'm not willing to spend it in stuff that I really do not need. |
|
|
|
Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
To me that is just the beginning, trading is a very deep subject and it is not something that you can learn in just a few weeks, some of the best traders take months or even years to master the subject, it is very difficult to imagine how much time it is going to take to someone that doesn't really have a lot of information or experience in a subject like that. |
|
|
|
Perhaps one day with the current bitcoin advances, bitcoin digital currencies will be an international currency for all countries, and make it easier for every human to make transactions between countries when going to another country.
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
what will you do if you have a lot of bitcoin.
I think that scenario that is already happening, governments are looking at the possibility that bitcoin becomes really big and if that happens we cannot expect that they stay silent, they are going to take steps in order to try to neutralize the threat that bitcoin represents to them, but if we are perfectly honest with ourselves we will find that it will be possible for them to completely stop bitcoin and they know it. |
|
|
|
There are a lot of ICOS who seem to be a good program, but they do not have the smell of the success. that is why i am always trying to contribute to those projects that are looking good for a long term. Check if the profile team pics is displayed and check the use case. Read the whitepapers and see on the Product usefull.
Yeah, read and understand the entire concept of the project, but think also that scammers are still around us and definitely they have using ICO project to get money from the community. They are working it hard also so we can't easily take it down such ICO is legit or not. That's why we just be cautious in doing these. The most important thing is to look at the project and see if they have the potential of becoming a success, there are many coins that are released that make no sense after reading just a few lines you realize that there is no way they can make that a reality, so by using a little bit of common sense you can avoid most of the scams that are in the market right now. You are right in the sense that there are many icos right now that seems to be decent but that is because the scammers are getting better at creating projects that may seem feasible but you can tell that the project is never going to succeed, they are lacking something it is difficult to pinpoint exactly what they are lacking but you know it when you see it. |
|
|
|
Bitcoin
I am a die heart fan of bitcoin and that I don’t think so that there can be any other coin which is as beneficial as is bitcoin and that the earning which you can make from bitcoin will be far more than that of any other coin. You need to trust yourself as well as you need to trust bitcoin as this will surely help you in getting richer and that all your dreams of living a comfortable and happy life will come true. This should not really be a surprise, bitcoin is by far the best cryptocurrency around the world, there are many coins claiming to be the true bitcoin and there are other coins claiming to be better than bitcoin and that is completely false there is no coin that has the popularity or the acceptance of bitcoin around the world and its likely that is not going to change anytime soon. |
|
|
|
|
While strategies that the OP is proposing are not really bad at all, I really prefer to make most of my investment for the long term, that is the option that gives to you the greater rewards with a lesser amount of risk, also it requires the least amount of effort and that cannot be undervalued especially if you are a very busy person and you cannot afford to watch the markets all the time.
|
|
|
|
It is a combination of many factors. You can't say that 100% of the rich people are intelligent and hardworking, while 100% of the poor people are retarded and lazy.
It is a combination of factors there is no doubt about it, but in average a person that is very intelligent will eventually get out of poverty because of his intelligence, however there are people that will get most of his money because of luck, they did nothing to deserve that wealth they were just fortunate enough to get it but if they do not take steps to maintain that wealth, it is very likely that they are going to waste it. |
|
|
|
Is Satoshi is dead,If not where is he now and what is he doing right now..Bitcoin price is down sharply. Can he do something?
No one really knows the identity of satoshi or what happened to him, right now every a scenario is possible he could be dead or he could be alive, we do not even know if bitcoin was created by a single person or by a group of like minded individuals, so to try to speculate in his identity is useless we will probably never know who he is. |
|
|
|
Few days ago I was like wake in my nightmare I've been holding my coins 3 months ago and without doing anything because all I know before is it's better to hold and hold but few days ago I was wake up in this nightmare those 3 months passed it's all wasted because I never increased my coins but only kept it, that was my bad. And today I am trying to trade and it is not easy but it's also difficult.
About 5% of traders on the market are successful at a long distance. It is very complex, intellectual, very nervous, exhausting work. When you get to a growing market, you might think that you are a very good trader. But as we saw, many traders lost a lot of money a couple of months ago. The market gave a slap to very many traders The problem is that many traders may think that they are very good when in fact the market is doing all the work for them, this is what happened in the previous bull run, it is very easy to look like a genius when the market grows 20 times, but it is in the current market conditions were the true traders show their skills because they are able to earn money even in this difficult market. |
|
|
|
The bitcoin price increase will run slowly and I think the positive trend of bitcoin price increases will continue to run until the end of the year.
Yes you’re right, this whole year is going to be much more important for bitcoin. And by the end of this year it will be worth near 24k Every year is very important for bitcoin, each year in which bitcoin is still alive despite the opposition of all banks of governments is another year in which bitcoin shows its defiance against the established economic system and it shows that is not going to be easy at all to kill it despite the huge efforts that banks and governments are doing to try to do so. |
|
|
|
I suggest have a part of invesment in BTC and then make an investment also in Real Estate., Its better to have more investment so that in the future, more earnings would be given to you.
Exactly it is not like investing in bitcoin and investing in real estate are options that you cannot do the same time, the only problem is that both investments are very expensive and there is not a lot of people that have the money to invest in both, but if I had the choice I will invest in bitcoin simply because the chances to obtain better profits are higher in bitcoin than in real estate. |
|
|
|
|
Show Posts
