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Don't expect some sudden rise. To my opinion the price will remain to fluctuate around 9000$ and 10000$ for a while and no one can't tell for sure when this values will be crossed. If you have bought your coins when the price was over 15000$ you will have to be patient to return your investment.
But in the meantime while you are waiting for the price to go up use the opportunity to buy some more coins when the price is low.
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You can't predict how the bitcoin price is going to look in a month or two, sometimes even in a week so stop being so obsessed with that. Unless you have some magic powers or cristal ball.
The best is to develope your own strategy along with the back up plan and stick to it. Of course that you have to watch the market and make some actions according to the situation but to my opinon people just get too much focused on the price on daily basis.
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I will say that this is not actually news. Banks are testing blockchain technology for a long time now and they've shown interest for it a long time ago. Still this is all in some kind of experimental phase like they are not sure whether they should implemented or not. Anyhow I think this is the technology of the future and many businesses will implement it, not only banks.
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Bitcoin is a source of extra income for me. It helps me to cover some exta expenses, sometimes to save something extra and to improve my finances. Also over the years with bitcoin I have learned a lot and that made me more rich in intelectual way too. Therefore I can only say everything good about bitcoin and can't imagine not to have it anymore.
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I don't see any othe cryptocurrency at the horizont who could take number one from bitcoin, despite some good ones.
There were many attempts and probably every new coin looks for opportunity to grow and make the bitcoins' success but I don't see how this could be possible. And it takes more than high price to be at number one and bitcoin has crossed a long journey to establish the position that can't be overtaken so easy.
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Btctalk name: BingoDog
Rank: Hero member
Post count: 1362
Btc Address: 1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n
Wear appropriate signature:
Wear avatar:
Will add signature and avatar if accepted
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Okay that is pretty good review of the crypto debit cards. However I am very concerned about the few things which makes me stop from even trying these cards. I get nervous by the thought that what if I am using the card one day and suddenly there is huge problem on the block chain of that card provider? What if my transaction does not pass through then it could be very shameful for me to stand in the line when the cashier will say your card isn't working dude! Lolz what if anything like that happen. I mean with the MasterCard and visa nothing like that happens and I can ship free minded with that one.
I know this is very wired thought but to be honest we cant trust the crypto currency on such high level! At least not me! But good review.
That doesn't have to be case at all so no reason to have fear. If you have the card like Mistertango which you can upload with bitcoins and they are immediately exchanged to Euros, then you are actually paying with fiat and your card wil be accepted no matter some problems on blockchain. In that case you could only have problems with depositing but in that case you wouldn't use the card anyway. But I do agree that is not wise to have only one card and that it's only tied to cryptocurrencies. |
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I think that depends on the country the regulation is coming so how much influnece on bitcoin market this county has and what type of regulation we are speaking.
Generaly I think regulation can influence bitcoin price in positive way if it's done by experts and on fair basis.Maybe we all fear too much of the regulation thinking this will affect bitcoin in negative way but I think just the opposite.
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Bitcoin price will never be cheap again and available to everyone, that is my opinion. It wil go up and down, the price will constantly change so what one can do is to choose the moment when the price is the most available and afordable to him and then buy. Of course you have to have some plan on long term or short term basis what are you trying to achieve an how much coins you can afford.
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No, I don't think this will have any influence on bitcoin price. Generaly speaking the influence of China is not that big as people beleive it is and the bitcoin price is not falling nor rising (only) because of them.
Currently market looks like it's recovering, the price is slowly rising crossing 10000$ but I don't think this has anything to do with China.
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Another fork? Really?
I don't know anything about that fork, haven't seen any announcements so far.
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Spreadsheet is uploaded. Congrats who are qualified for campaign. Sorry to all those who didn't qualify. Try better enhance post quality. You will be for sure here.
Well, I have to say that in most cases quality of posts has nothing to do with acceptance in signature campaign. Some members that are accepted have so poor english that it's almost impossibe to understand what are they posting about, they are just filling rows so that it looks how much text they have wrote. And maybe that is exactly the reason why they get accepted, no one can't really understand what are they writing about. |
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Day trading is very demanding and it's not for everyone. If you want to trade maybe you should choose some more conservative type.
Anyhow the best results and profit with bitcoin you will achieve with combining trading and holding, developing short term and long term strategy. Just be aware that you might lose also both ways.
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Who is losing? All those who have invested at high price and didn't have enough patience to wait for the price to recover but started to sell and those who have invested more they can afford to lose.
It is crucial to have the plan and the strategy and count your profit and loses on lob term, not just for the moment. Many still haven't learned to act like this.
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False news and unconfirmed information appear all the time. But the bitcoin users are to blame that they are getting spread in the community and that they fall under their influence.
There is no use of information if it doesn't make the impact. So my advice to users would be to use more common sense and cool head and check the information before they forward it and start topanic and make some unreasonable moves.
But I guess people will never learn to act reasonable.
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Not at all, Bitcoin still has plenty of time and space to grow. Just because the price is low now that doesn't mean that it will stay low forever.
Every time when the price is low so many people start to doubt their choice to invest in bitcoin but you should have more open view on situation and look ahead in the future.
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I often use bitcoin for everyday needs, like paying for bills and in stores. Thus for me bitcoin has realy practical use and helps me a lot.
Sometimes when I can I try to save some coins, it's good to have some asset for the future. In my opinion those who say that bitcoin has no use in real life or think it's limited are completely wrong.
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I think that they are not directly reported to the government because they are just making a record with that information and they are just putting the know your customer policy so if there will be some problems either of two sides then there is something that they can rely on which is the records and few information about their concern.
Exactly, governement is not given the information immediately and by deafult but upon request. Due to the law regulation they have to have KYC data ready and properly registered but they don't provide them all to governement without reason, just in case of some illegal or criminal act. And that seams reasonable, don't forget that this could be for your protection also. |
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