At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
According to CoinBase and some expert's opinion, $5000-$6000 is the lowest dip the price will go. And added with the FUDs from the news, possibly make the newbs on trading will go mad and sell a lot. But really, who knows? If the system is similar to traditional forex, the price will recover up to 70% in the future. We can only wait for the big whales to pump the price again. Right now the whales has the potential to pump the market, as a beginning now small level of growth has taken place leading the value to be above $7000. This could stabilize at certain time interval and could move forward leading to the 12000 mark as majority of the users predicted. |
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As in one of the statement the exchanges that functioning without any backing of funds to make large scale transactions in the name of trading when came under regulation affected the growth. If you go through the growth rate of bitcoin and Eth, both were almost the same. So, market capital gains will not let Eth overcome bitcoin.
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I'm not sure of it, in the past directbet has got horse racing in its list of events available for betting. Have come across lot of similar people who have been much interested on horse racing. As it is popular around certain countries it is not getting listed to the top gambling websites with bitcoin acceptance.
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There are people who spend long time online. Now users too have got more and online games to spend good time. In reality gambling gives excitement whereas games just waste those times. The time we spend on gambling based on luck gains profit. The same when spend on games just gives an reward which can be shared.
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Users will be much happy if they experience a price increase similar to the past year. At least they'll console themselves if half the growth takes place at the earliest. With hope users have been keeping hold of it, but several regulatory issues roll out of different countries leading it towards drop in value.
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India seems to be one of the leading country into the cryptocurrency related activities. Particularly into trading large number of users were found. Maybe government might make taxation over the entire transaction made with relation with cryptocurrency. This might be the expectation of the government, but media misinterpreted it in the entirely opposite manner causing a drastic downfall.
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What's been said by Op is agreeable, but this won't let the price reach the value of bitcoin. Ethereum has been getting stronger when bitcoin gets into the regulated use. In this regard more switching towards ethereum from bitcoin too has taken place leading to growth.
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Ongoing year has been predicted to be the year of altcoins, and in this regard probably Etc reaching $100 might take place. In the past Etc has grown to the top price to be around $45. Haven't gone beyond the $50 mark, in particular crossing $50 seems to be a big milestone. Crossing it will rally towards $100 in a much shorter time.
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Bitcoin this year seems to grow higher than the past years, because this has been predicted to be the year of altcoins. When altcoins grow, automatically bitcoin too will tend to move forward. Another thing predictions from enthusiasts have come that bitcoin will reach $50000 earlier than expected.
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Think in the right manner, its not that easy to make such a big amount from just $1. If you have planned of this investment years back now you could have got the expected profit through the investment. It is all about the users luck, because some coins never grow but at times when some invest into it starts bumping.
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With bitcoin issues arise quite often and every time it gets overcome with ease, maybe the time period for the price pumping might vary a little. In such a manner growth will take place, and we can believe in it. Now too, the same thing is taking place. After the sudden price drop growth has got initiated.
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Bitcoin is sustainable to some extent, we can't expect this to be sustainable. Because, think of the ongoing situation the price difference that has taken place between a months time is very big. This difference could have made a big impact upon the users self earning from cryptocurrency.
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Faucets is the base for the users who get into the bitcoin and the same can be earned by anyone. All that required is the time to spare and the earning could be very small. With trading good investment as well knowledge to predict the market is a must and here the profiting as well losing is big which makes it a high risk involved earning.
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Right now the support from governments around the world is required for bitcoin. If not at least they should not make bans on the usage of bitcoin as well other digital currencies. This needs to happen, with which we can make cryptocurrency progress and reach majority of the population who fear of using cryptocurrency.
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that's what we should do as human to help each other. but to give them bitcoin, i don't think so because give the poor and needy bitcoin maybe they not know how to use them, better to give them cash or something that more useable. not with bitcoin.
When we help the one in need automatically we'll be blessed to grow bigger in wealth and other prospects. Each and every user should have this in mind. I personally with the profit from the bitcoin holding used to help the people in need which might help for some necessity. |
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Same as that happened in the last year, if one or more countries adopt bitcoin giving importance same as that they provide to the traditional currency of the respective countries will surely cause a price pumping to take place in a very smaller time period and the same will help for gradual growth.
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I assume that bitcoin will not pump till it reach second quarter of 2018. This is the time for altcoins to rise.
I have a little different opinion in this matter. What I think is bitcoin will rise very soon because these are the years where Bitcoin will not be seen very much stable. At most it is going to take 2 months to get back in the job. I also feel that this year will be more surprising than the previous one. Bitcoin is going to shock the holders by its new achievements. It has become the most volatile crypto coin and unpredictable also. Price of bitcoin increases and decreases now and then. This is found to be common with most of the cryptocurrencies and in specific common people doesn't have the mentality to accept price decrease. This leads to sudden panic and the same ends up selling, so people need to have patience and keep hold of it for bigger profiting. |
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Before starting a business it's good to research whether you are looking for a service oriented or product based business. Later on its good to widen the business to various sectors. Apart from the same, starting a business on which one has got knowledge about will lead to success.
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Users need to make use of the price fall, commonly people get into panic during the times of price fall. People need to have the trust upon cryptocurrency, with that it is possible to gain good earning. Buying low will help get an added profit because price growth is assured with time.
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Bitcoin got a homework, which is to fix the transaction fee problem, if its not fix I dont think it will be reach 20k, and the legalisation also another problem for bitcoin, so kind of doubt it could reach 40k this year
Agreed, the ongoing transaction fee is a major issue. This needs to be overcome, because when the base itself becomes an issue, surely we cannot experience good growth with the same. This time this has been taking longer time period, hope this would happen at the earliest taking the price cross $20000. |
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