Bitcoin depends only on user activity, but I think that it will grow and become even more popular. Many have already decided to accept it as payment for goods or services.
It is growing and many people are starting to recognize bitcoin as something great and will make them rich. When bitcoin's price increases there are a lot of people that are being attracted because of the high price it gives to new comers. And they think it's easy to get one but some are buying bitcoin and just do hold it just like what others are doing which makes the supply lesser and makes the price higher.
|
|
|
At first, I've been thinking that there's nothing I will gain in gambling but only money or profit. But when I started to learn some techniques, control and other things that can affect your perspective. I learned on how to be patient and control my emotion in a positive way, that's why I was able to become a better person today.
|
|
|
yes i think that Bitcoin is truly making a difference in the usage accessibility of currency.
It is making transactions automated and in a different way. I believe that bitcoin is the new era of currency but government is still the one to be followed. If he declares to the people that bitcoin isn't fine then we can't do something about it. And if they'll declare bitcoin is good then that's much better because they have the authority.
|
|
|
The price already hit record highs this year, it is okay for it to pause and coast for a bit. It will surely go up again after the soft fork, not immediately but surely by the years end. A much improved bitcoin can only be good for it's value.
It already hit the ATH since it was launched and that was this year. But everyone is expecting that bitcoin's price will be up again after this fork. Once everything was done successful new investors will be in and fund movers to alt coins will be back and they are going to make sure that they will have secured fund it bitcoin.
|
|
|
It touched that level some time last month or May, I am not sure but it did reached 3003 in bitfinex. And in bitstamp is was 2980$. Why op did not sell that time? But do not worry op, there will be another chance. Maybe even higher than 3K when everything settles after August 1.
Not only him missed the chance of selling but even I, I forgot to sell by that time because I thought that increase was positive and it will take longer but I was wrong. And today I learned that I don't have to speculate more because it is going to put me in regret again if I miss another positive wave. LOL dude. I guess a lot of us missed the $3000 price because it just touches that price for a few hours before the dumping started. I guess its really a psychological barrier for most of us traders or investors. When we see that it hit the price, we cant really stop ourselves to sell. Maybe this is why most of us are waiting for the price to touch it again, so can we can sell and get huge profit. But it will take more time to reach the price again though. maybe when everything is settle down after Aug 1. Surely we are a lot that missed the chance of selling at $3,000 and I do really regret that I didn't sold even some of my bitcoins by that time. Because I was confident that there is something going to happen in a positive way and the increase is going to be on a uprising chart. But anyways, we need to move on and move forward.
|
|
|
Bitcoin can not compete with the popularity of currencies that exist in paper form, because there are still places on the planet in which there is not even an Internet so that people can learn about bitcoin.
There's no need to compete, we are the ones who are keep on comparing the capacity of bitcoin. And besides the best thing about it that bitcoin is good if we want to see it compete with other currencies better to compare it with alt coins. We know that this is the origin of crypto's and this is going to be always on the top.
|
|
|
I'm setting up a limit and that is depending on how much I can pull to my pocket / wallet. I have a wallet for spending and the balance there isnt that big. So if I want to have fun thats the total credit limit that I play and its ranging 0.005-0.01BTC
|
|
|
I guess want to try out if that is for real let him try if he wanted to do so. But for testing phase only, but HCP is right make sure that the PC you will be using as testing for trying to restore your wallet shouldnt be affected by some malware or anything the same. Just use it to your other laptop if you have.
|
|
|
It touched that level some time last month or May, I am not sure but it did reached 3003 in bitfinex. And in bitstamp is was 2980$. Why op did not sell that time? But do not worry op, there will be another chance. Maybe even higher than 3K when everything settles after August 1.
Not only him missed the chance of selling but even I, I forgot to sell by that time because I thought that increase was positive and it will take longer but I was wrong. And today I learned that I don't have to speculate more because it is going to put me in regret again if I miss another positive wave.
|
|
|
I am always positive and yes very possible. But to achieve it needs more effort,patience and luck.As long as we have income opportunities in bitcoin,also bitcoin economic activity like trading, there is a big chance to reach it. If luck on our side, if our trades going well, then one day we can reach that. Just always be optimistic.
I don't know when I will be reaching this total assets of bitcoin. But it's a good thing to be positive and I will go with you on that positive belief that we can have this very soon. Even it will take a long journey or it will takes a life time to get this I'm not going to lose hope for this. But even I will have two - three digits of bitcoin that is too much already.
|
|
|
Bitcoin is not suitable for deposits and loans due to its instability. During the year the price could rise by 100 percent or more. Name me one suicide which is ready to take out a loan at 100% per annum. Bitcoin can only be used for trading.
If you know that there are people here who is making it as a business. They know that loans are too risky and it's both making awareness for lender and borrower. Bitcoin is a currency and it's not just for trading, it's also good for loans and the forum has the lending section. But this business is also a risk in the part of lenders. Yes loan is so risky especially in bitcoin and here in forum some members are take a loan but their an options before they get their loan. Yes this kind of business are risk because once lenders didn't pay for what he get that is a big problem. There are options before a borrower will be approved, if he is a trustworthy member here he can have a smooth and decent request from the lender. But for some that aren't known they need to present a valid collateral in able to be approved by the lender but if the collateral isn't enough to their asking amount, possibly they will be rejected or amount will be lowered. This is just the way by which lending is done. Truly speaking the same is not effective with every user which makes lending service more risky. Importantly the legitimacy of the collateral is a must that need to be checked before providing the requested amount. There are users who provide fake collaterals and try to cheat causing the lender into loss. Well the lenders can verify the legitimacy of the collateral that the borrower is presenting to them because they had the experience and they are the one to decide. And for those borrowers that will try to cheat well for sure they had penalty that will be done or any action regarding to that move.
|
|
|
well i think bitcoins will skyrocket soon and the value of it will increase up to 500% i think in the future.
It will skyrocket soon but we don't have an idea if that's going to happen before or after the hard fork. But what I'm pretty sure what's going to happen is that will happen before this year ends. 500% is too high but we had saw on how bitcoin grew from the past way back when the price was lower than $500.
|
|
|
Bitcoin is not suitable for deposits and loans due to its instability. During the year the price could rise by 100 percent or more. Name me one suicide which is ready to take out a loan at 100% per annum. Bitcoin can only be used for trading.
If you know that there are people here who is making it as a business. They know that loans are too risky and it's both making awareness for lender and borrower. Bitcoin is a currency and it's not just for trading, it's also good for loans and the forum has the lending section. But this business is also a risk in the part of lenders. Yes loan is so risky especially in bitcoin and here in forum some members are take a loan but their an options before they get their loan. Yes this kind of business are risk because once lenders didn't pay for what he get that is a big problem. There are options before a borrower will be approved, if he is a trustworthy member here he can have a smooth and decent request from the lender. But for some that aren't known they need to present a valid collateral in able to be approved by the lender but if the collateral isn't enough to their asking amount, possibly they will be rejected or amount will be lowered.
|
|
|
Yes, Bitcoin is a source of income becouse It can be anything. it may be trading, gambling. Bitcoin is the best possible way to earn money and now a days many people proved it.
Bitcoin as a source of income is a popular to make money online only if you know how to do it the right way. Trading is a good source and gambling I don't have a confidence that it can be considered as a good source of income. And that's making others think a lot of times that gambling is a source of income but I find it very wrong. There are a lot of ways to earn bitcoin and the popular ones are here on the forum. If you really want to earn bitcoin, you can find a way to earn them especially these days that it is so popular. Gambling is a source of income of some of the people who knows how to control themselves or the experienced ones. There are a lot of gamblers that became rich, we can't ignore that. Bitcoin will be more popular to people as a way of making a profit online and many more people will be having their way to get their own coins. Yeah I have seen many people who are earning living from gambling and it is the primary source of income fro them but that is not possible for everyone to take that high risk so we should find the safe and concrete ways of earning bitcoins which can generate regular income for us. It's hard for me to make gambling as my primary source of living or income. There are just people who are lucky enough and has a very good aura in gambling and I guess they are born to be a gambler. And also I have a bad experience of trying hard to make gambling as my source of income.
|
|
|
Yes, Bitcoin is a source of income becouse It can be anything. it may be trading, gambling. Bitcoin is the best possible way to earn money and now a days many people proved it.
Bitcoin as a source of income is a popular to make money online only if you know how to do it the right way. Trading is a good source and gambling I don't have a confidence that it can be considered as a good source of income. And that's making others think a lot of times that gambling is a source of income but I find it very wrong.
|
|
|
Bitcoin is not suitable for deposits and loans due to its instability. During the year the price could rise by 100 percent or more. Name me one suicide which is ready to take out a loan at 100% per annum. Bitcoin can only be used for trading.
If you know that there are people here who is making it as a business. They know that loans are too risky and it's both making awareness for lender and borrower. Bitcoin is a currency and it's not just for trading, it's also good for loans and the forum has the lending section. But this business is also a risk in the part of lenders.
|
|
|
Although everything could happen. $10k within this year is really impossible for me. That is way too high to just reach it with the remaining months. We will take how many years first before we could get into that price. Realistic price for me within this year is just $3500-$5000.
I don't see it happening for this year. I'm putting my expectation on this price on 2018. And that's why I'm not going to make myself believe that it's going to happen on this year but if unexpected thing happened and the price of bitcoin reached $10k at this year, well that's a surprised and it's a good thing. During 2014 when price was around $700-$800 before it's eventual fall to sub $200, most were predicting $2000 by 2015. Given bitcoin's price patterns of the past, what makes you sure that the price will continue to rise from here? wouldn't it be just as likely to see a $1200 price in 2018? I'm saying that if unexpected thing comes and bitcoin is going to reach $10k this year then that's an amazing thing to all of us, isn't it? Well everyone can happen for now and it's going to be depend on what's your goal in bitcoin. I as a long time holder is now trying to think to set a smaller price and sell's it without regret and just go for the profit.
|
|
|
I'm curious if other people are having similar challenges. But, what is your BIGGEST problem with trading crypto coins and exchanging overall?
Your feedback would be appreciated.
The biggest problem that I'm experiencing in crypto trading is I'm becoming greedy. I usually not sell when I see the price pumping and that's making me miss a lot of profit. Because I don't have an idea on when it's going to pump and dump and if I sell sometimes it's already late but that is before and now no more regrets, profits is profit upon selling.
|
|
|
I don't have any expectations for now that we'll see $3,500 for this month but after August probably it's possible to happen. Sachs says that bitcoin can possible increase 50% soon so it's roughly going to hit $4,000 just like what OP written on the title and we are now on the 5th wave base on him.
I just want to see the price of bitcoin crossing three thousand dollars and after that we can talk about seeing three thousand five hundred. The market is not way bullish right now to see a rally that could take the price of bitcoin over $3000 and so i am hoping for a small correction before the rally starts,it might take a few more months to see another rally. It did happened before if you witnessed it but it only happened for quick time and it did went back immediately back at $2,900 and so on. And right now there's always a barrier. It hit $2,600 a while ago and passing it has another barrier the price went back again at $2,548 and possible that it can went back at $2,400 but hopefully it won't.
|
|
|
Hi guys, I wanted to know when I invest in genesis-mining, what is the benefit ?
The benefit of investing to genesis mining? There's nothing I can you'll benefit there better to find some other place to invest your bitcoin. and what the difference between trading bitcoin " Forex" and Mining Because want to make good profit without risky .
Trading of bitcoin(crypto's) is different from forex, in forex you use real currencies from different countries. And if you mean trading of crypto's, you'll use alt coins. If you want to make good profit, all has risk.
|
|
|
|