Today Bitcoin is gaining very huge turnover and therefore one can really reason and its global impact on the world economy, Well, for example, replace the dollar Bitcoin still can not, at least in the near future.
I wonder why people keep on thinking and debating on issue about bitcoin replacing dollar when it has been stated bitcoin is best as alternative currency. It make bitcoin to stay away from the noses of this corrupt officials and stay away from the control and centralization. And I think bitcoin will stay that way, being an alternative currency even if it is used as global currency. |
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Of course and no doubt again that I'll choose investments, nowadays many investment options that could generate a profit of up to 200% in 1 year only, whereas if we are saving money likely only get no more than 20% per year. And the best investment currently is cryptocurrency.
What if the investment do requires a sum that you do not have, obviously you will go to savings first. then when you saved enough you will use this savings to fund your investment. And when our investment is getting its Roi, we will save it to prepare for another investment. this two come hand in hand and will be able to help us to elevate our way of living. Why do we need to chose when we can have or do both. |
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That is a 15 minute chart and hardly very good for the medium term. Check it again using the daily charts. We have seen it try to go up maybe at least 2 times and the sellers always win.
The funny part is you think it is still going up by looking at the 15 minute chart. Everyone else is already seeing it fall except you. Where was the price of Bitcoin at the beginning of the month? Did it go up or down since then?
the daily charts also show a rise in the previous 3 days leading to your comment from the bottom of $888 to the time you posted (~$986). the dump is a manipulation and a result of FUD, and you can't see that on charts ever. if you follow the news the rise from $1100 to $1250+ was because of the ETF hype and right after the rejection the new FUD about the split started to happen and it is an ongoing thing but the resistance has kept the price from falling under $1000 people see what they want to see, that doesn't make it right. they saw the moon and started FOMO buying up to 1280 and then they saw the end and started selling back down to $888 The previous 3 days? Try too look at how it was moving before that. Since 3/10/17, BTC made lower highs and then hit a new 1 month low everytime it went down. Buying now and trying to time the bottom will be like catching a falling knife. Is that what you want all of us to do? I agree there is a possibility that bitcoin will have a correction soon but do we know when it will be? There are lots of what ifs, and possible scenario after this increase, it might increase more or have a correction. We maybe have a hint on the next movement but we do not know when it is and the possible correction price. |
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Last 144 blocks (24 hours) , its only 20.1%.
I mean, come on guys...
Current proposal from core is not gonna happen. If you really want Segwit, you need to back segwit HF.
If nothing of these two camp give way or come into consensus and agreed to merge their proposal, then the solution for Bitcoin scaling that they proposes will never happen. They will be forever in stale since both camp are holding aces that can prevent each other from implementing the "fix" to scalability issue. |
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Your take on this is very interesting actually. Whilst i agree that perhaps bitcoin won necessarily replace fiat, i believe it would eventually become an alternative. Seen as just another currency (i.e dollar, sterling, euro, btc) that is widely accepted as a legal tender in many countries across the globe. To use your coffee example, like we do now, if you were interested in buying a cup of coffee, you need to pay for it. The currency in which you chose to pay would be dependent on what is generally accepted as legal tender.
Like one has to work to acquire fiat money, equally one has to work to earn bitcoin.
Well bitcoin being decentralized will never be a main currency. Besides i guess it is the main goal why Bitcoin is created, being an alternative if a person does not want or does not like banking system. I also believe that bitcoin is best being alternative due to the fact that regulation with bitcoin will never be established, |
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Well, the more others says that bitcoin is no longer a currency it became more a legal currency online and also became popular too. Look a the price value of bitcoin at the present time now it is almost 1700$ each bitcoin. The demand was getting higher more and more and many businesses too are also adopting the concept of bitcoin.
Bitcoin is more than a currency, bitcoin has risen to an asset for one's investment, because many people get big profits from current price spike. Demand for bitcoin is increasing, giving extra benefits to bitcoin owners who hold it. Well, if bitcoin is not considered a currency, then it is considered a good asset for the future which is constantly growing rapidly. i think everyone consider here that bitcoin is unique and wonderful currency and we know that bitcoin already change the life of maximum people and bitcoin is the way of income and many jobless people are earning income from bitcoin. I agree Bitcoin is a unique currency, being the first mover of decentralized blockchain, having a huge community, several store to accept it and even a country that recognize Bitcoin. Probably OP is thinking about Bitcoin being store of value, and i also agree with that but it is not the main function of Bitcoin, it is just a bonus that is packaged to Bitcoin. |
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Hi guys  i want to ask you and if you have personal experiences on how i can start a bussines using BTC? You can start it by simply buying BTC, lend it to some trust users and boom, you have now a lending business in thisforum. And more serious matter, make sure you have the SEC and you comply to what it wants. Open an online store and hire advertiser to have our shop advertised. Learn more about web development. |
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I will prefer to diversify my investments and will choose both of them as both are good investments for the long term and if bitcoin fails in future then also I can expect some profits from gold as gold will always give good returns in long term.
I don't think it's guaranteed that gold will give good returns in the long term. You will not lose a big part of your investment with gold that's for sure, but imo the value of gold is a bit overestimated nowadays. Yes, it will never drop to zero, but it could drop 20% or even more in the future. Yes, gold can drop a little in gold, but it will never depreciate. This is much more reliable, and you need to keep a small part of the money in gold This is not a given, by any means Gold can in fact depreciate (and I don't mean just its price going down because of dollars appreciating). I refer specifically to gold value as such (so as to avoid any futile and baseless assumptions that might otherwise arise). History knows a few such events when gold value dropped dramatically, and we are in no case guaranteed that such or similar events might not happen in the future. We don't know what it might be (a Manhattan sized gold nugget discovered or whatever), but since that happened in the past, the same or to the same tune can certainly happen in the future there is no denial that Gold in fact depreciate in value. If we look at gold history we can see that gold really depreciates in value. Anyway, between the two in terms of profitability, i would gladly choose bitcoin. Even if they say it is not stable, well great profit comes from great risk. And this time it is the bitcoin that gives greater profit and more risk. |
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I think paper money was still used by each nation because people used it as exchanged of any items or good s but, when digital currency like Bitcoin were become the no. 1 currency I don't think so if paper money were still existing.
Yeah your right, I was expecting that paper money was not fade in the market, due to paper money were symbolize the different value of money from different countries. Moreover digital currency were still not know of more people. It is reality, in real life people prefer to use real money and paper money is real. But about digital currency, i know only few people know about it, and a huge people don't know and if they know about digital currencies than they don't know how to use it correctly. Even paper money/local money can be used digitally, and it is also real. Now if you are speaking about Bitcoin as digital currency, then more than just not knowing about it, many doesn't uses it due to insecurity and fear and also lack of transacting opportunities against goods or services. But ya I agree still now IMO very limited people know or cares to know about this. I believe paper money is destined to be flashed out. If ever government does not acceept cryptocurrency then, they can always make use of the cashless society system where people does no longer need fiat paper money. |
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I am not satisfied with the too long speed of operations. It's still bad that you can not use your coins without the Internet.
In addition to the speed of transactions that begin to slow down, the fee will also be greater. I do not know why the fees get bigger. Currently with a fee of 10k satoshi. You will receive a confirmation maybe a few days There is a solution for this and you need to push your transaction in either viabtc or other services. I heard some member here can help you with that. And I agree, Bitcoin transaction fee is getting ridiculously high in dollar cost. I hope an upgrade on Bitcoin scaling be implemented soon. I do not care if it is BU or core implementation. All I want is to see bitcoin scaling being fixed. |
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No actually there is a chance that the price goes below 1000$ as bitcoin is still an online currency and it can be hacked by a group of professionals which in turn can lead to a huge drop or maybe china do it's biggest move which everyone fears , banning all crypto exchanges in china.
In any circumstances there is always this thing called chance. Yeah there is still a chance for Bitcoin to dip in 3 digit or less. But the identifier would be slim and next to impossible. Unless everything went not well for BTC and lots of FUD making people lose their faith in Bitcoin. Though personally, i believe we had bid goodbye to 3 digits Bitcoin when it reaches 1400 USD. |
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I have a hard feeling that there will be a good correction price of King BTC. May be $900-$1100, what do you guys think? In crypto , it is quite normal. But BTC is becoming stable. So far I have made some profit by trading, not that much cause I am new
I do not think Bitcoin will touch $900 during the correction. I think the lowest possible price if correction occur would be $1300 but I think Bitcoin will stay around $1500 for sometime before going in to $2000. I do believe it is possible to have $2000 btc at the end of the year because of the good news on Bitcoin adoption . |
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In general, a bubble creates a feeling of success and prosperity, even though it's only temporary. Like we saw in bitcoin's 2011 bubble, people overlook reality and give projects and ideas a feeling of success, even though it cannot last because it won't be able to sustain the momentum. The good projects and ideas ignore this, knowing its temporary; the bad projects do not. Bad projects become caught up in the bubble, but when it pops and shown to be the fake players they were all along. The dot com bubble, which people tend to act like was so destructive actually invalidated a lot of bad ideas. We'll always be richer when bad ideas fail because it makes room for good ideas. The last thing we want is bad ideas to survive because of low or negative interest rates, or because institutions try to create perfect stability, which keeps bad ideas in existence. Can bubbles be painful? Yes, but the pain is only temporary and by removing bad players, it's a temporary pain that increases wealth (Hebrews 12:11). The only positive thing about bubble is that the made the stuff popular across the land. Some people getting profit but definitely more people lose when the bubble burst. It does not remove bad player but rather remove unexperience player. Bad player will always stay. |
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For most people here in the forum specially those who do not have fund to buy Bitcoin or start a trading, signature campaign, social media campaign and other task that paid in cryptocurrency is the good source for them but to those who have established their funds, they move to either trading or participating in an ICO investment.
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I believe there is no secret in earning 0.1 BTC per week. You just need to work hard and smart to achieve it. Try to read and study this forum and other possible cause of income and you will find out that the information is out there and we are just lazy looking for it. To earn 0.1 BTC per week, you need to work, work, and work. If you do no like working then study trading and master it. There is no other way.
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Even with the success of Bitcoin and its price ever increasing, a decentralized currency will never replace a centralized currency created by the state itself and be recognized by the same state. I can only see Bitcoin if ever go to mainstream as an alternative to fiat currency. Besides Bitcoin is best being an alternative to fiat currency due to the nature of it .
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I do not use XAPO and I agree that xapo is not a solution, you will find it in the near future that xapo will be charging their clients due to high fees in bitcoin transaction. The solution for this is an upgrade in bitcoin scaling. May it be a blocksize, segwit then ln, will probably solve this slow confirmation and fees problem.
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bitcoin for me is my source income i believe all people use bitcoin is more profit.. because bitcoin is amazing just need a network and you get a bitcoin We've got the same description for bitcoin, for me bitcoin is also my source of income but only for part time. Because there are a lot of ways to earn with it. And also while earning bitcoin, I'm treating it as my long term investment because it's price is increasing even though there are times that it is falling. I also find bitcoin as source income. For me it is a gift to man kind that opens up a new horizon of potential earnings. Aside from that I think it is somehow a fix to our faulty financial system since it gives us freedom on how to handle our money and be able to transfer it without the 3rd party transfer system. |
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+1500 dollars and holding for days, we all need to congratulate OP for his accurate prediction. I thought that this is impossible, I need to admit, I expected drop after 1400 dollars and price to be around 1200 dollars, but this is surprise for me, price is going up steady and like there is nothing that can stop this grow. I will pay more attention on OP`s future predictions, well done!
Japan is fomoing Yeah I agree, since the announcement of Japan about Bitcoin, and Japan's major company getting in even saying that Bitcoin is "hot money" and a good source of profit as investment, people will surely flocks in and buy BTC. I believe, there will be another Billion dollar fresh money to come in to Bitcoin economy, and probably this move from Japan may influence the SEC review, and if it result in positive way, Bitcoin might probably break that $2000 a piece. |
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I wish he said which site ripped him off like that or which site made so much money of him, this sounds better. I saw that in his last post he's asking about possible investment in XRP. He lost all Bitcoins and now wants to put his last money into a centralized altcoin. Hopeless!  A fool and his money are soon parted, which show us that you should not only care about earning a big amount of money you should also learn how to keep it, I know many people that earn almost the double amount that I do but they are in a terrible financial situation because they have committed horrible mistakes. You got me thinking that op was under the illusion that his balance of 12 Btc probably made him invincible or that it was an infinite amount, so he probably threw caution to the wind until the veil was off his eyes. 12 Btc is a huge amount and there are players that can certainly turn thing around with that much by prudently managing their games and it is indeed unfortunate he parted with that much. Probably OP just keep on betting without any kind of plan or strategy. I agree, having a huge balance probably made OP thinks he can do whatever he wanted and when it lose, he can chase it with the remaining fund. But sad, what he thinks does not happen and so, he loses all these 12 BTC. |
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