Hi folks share your thoughts about crypto currencies. i will really appreciate to all experts here thanks
For me, my prediction about cryptocurrency in the future will be better than the present. Many people in the future will know about cryptocurrency so that many people will invest in crypto which can make the price increase. I also predict that it is more secured than now.
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The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.
For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it! 1. Summer 2017, China banned ICO. 2. September 2017, China banned crypto trading. 3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already) 4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!) 5. Today, "China Full Ban Crypto"... (Really?)
So what is next? "China really ban crypto"? "China really full ban crypto"? "China really really full ban crypto"[IMG] "China will jail anyone who trades crypto"[IMG] "China will execute anyone who trades crypto"? "China will nuke every country who trade crypto"[IMG]??
Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.
Yellow journalism at its best.
Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?
India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.
From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.
The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.
Yes, he is correct that don't listen to false news because it may ruin your trust in bitcoin. To stop believing in fake news and to know the real news about crypto, just read news in the bitcoin discussion and gather news in social media, google also can do. Don't panic when you read a bad news from bitcoin. Let them give you proof that their news is real.
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With the imposition of crypto currencies a new reality on the international investment scene, the views of international investors varied among the supporters and opponents of the circulation of the most known digital currency "bitcoin" in the middle of the enthusiasm of digital investors to make a quick profit on the one hand and warnings And the fears of experts on the other hand about the bitcoin future trading that may not normally appear in traditional investments.
In view of the movement of the bitcoin, from its inception until now fully aware that we face the possibility of bursting bubble price at any moment, and the reason for the lack of real value of this currency compared to currencies traded in dollars, there are assets behind the currency such as gold or minerals, material as a real estate sector in addition to the absence An organized governmental body for trading this currency.
I think bitcoin will be the coin the future. There are some restaurants, hotels and other store accepting bitcoin as payment so I think it is the coin in the future. Many people now are interested in cryptocurrency and bitcoin is the most popular cryptocurrency so I think it will be the coin in the future.
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Bitcoin is the most famous and the no one crypto currency today. It hold the highest market cap in crypto industry. Also it use very advanced and secured technology, Block chain to operate. Lots of people's use bitcoin as a investment factor. This cause to maximize the capital of Bitcoin. But how long Bitcoin will survive in this industry ? Because lot's of government try to manipulate and control the crypto currency industry via introducing new regulation. As a country some one can do vast harm to bitcoin. We saw some of in past. If Bitcoin fail in this industry it will be a biggest financial crisis in this century.
I think bitcoin can last for a long time but not forever. The popularity of bitcoin can make it last for a long time but there is a time in the future that bitcoin will be replaced by a better cryptocurrency that can decrease the popularity of bitcoin and caused to death of bitcoin.
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Greetings! I am planning to invest $5,000 in cryptocurrency but I do not know how to invest. And where should I invest? - in Bitcoin, in alternate cryptocurrency, or in ICO? I’m asking for an investment strategy for professional traders or investors out there.
For me, don't invest your whole money in bitcoin. Before you choose which cryptocurrency should you invest, try to have first some knowledge in investing first to have a smart strategy in investing. But I suggest to divide your money if you want to invest all your money and when you know where your money earns the highest then stick to it.
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I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme. Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?} The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles. Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it. How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about? I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH, and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this. I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Yes, I can wait to prove them wrong about bitcoin. I can wait for a long time to earn a high profit. By selling my bitcoin quickly or without waiting for a high price can give me a low profit. We need patience and hardwork to have a high profit. When we earn a high profit, we can prove them wrong.
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Hello folks,
I often discuss with friends and family about newspaper articles where banker, politicians and ceos give their options about the future of bitcoin. Bankers speak mostly against bitcoin and spread FUD. People who work in the information industy often like the idea.
What do you say? Is there a definition of bitcoin fans and bitcoin hater? And how would you describe them?
For me, I describe bitcoin fan as a believer. Bitcoin fans are the people who believes and have trust in bitcoin. They fight the bitcoin haters and they only believe in the real news. I describe bitcoin hater as an enemy of bitcoin fans. They spread fake news so that they will ruin the trust of other people in bitcoin. But I am proud to be a bitcoin fan.
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While Bitc0in investing can be intimidating for those just getting their feet wet, there are several tips that newcomers can use to maximize their chances of success. By following the top five tips listed below, investors can boost their chances of meeting their goals. 1. Do Your Homework 2. Proceed With Caution 3. Diversify Effectively 4. Keep Your Coins In Wallets 5. Prepare For Volatility Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80For me, the top 5 tips for new bitcoin investors are this. First you must have knowledge in investing in bitcoin so that you know how your money earn profit. Second make sure you have money to invest. Third, secure your wallet so that you won't able to scam. Fourth, have trust in bitcoin that your money will earn profit. And last, believe in the power of bitcoin.
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VERY IMPORTANT message about #Bitcoin
Read carefully & try to understand it perfectly.
Example, if bitcoin drops even to $8k or $6k levels, you do not panic sell any of your Bitcoin or Altcoins, because, when bitcoin is done with its downtrend, Altcoins will rise.
And when Altcoins rise, your Bitcoin will get double/triple. This way you'll have more Bitcoins in coming weeks/months. Then again, Bitcoin price will Rise. So you'll be in huge profits.
Remember, Stock Trading and Crypto Trading should be done with INTELLIGENCE, Smart Mind, Wise Thinking and NOT with Emotions or Distress.
We are bullish on Bitcoin & Altcoins and we are not selling any of our coins.
Do not believe in Rumors.
Beware of MEDIA FUD, MEDIA always talk negative about Bitcoin for their own TRPs.
Forward this message to your friends and groups, Help spread the Genuine Knowledge & Understanding of Crypto.
If you do not help crypto community who will?
I think there are many tips in bitcoin. One of the tips in bitcoin is you must have a hard work in posting in signature, bounty and other social media campaigns. Another is do not believe in rumors that bitcoin will end. Make sure that your bitcoin wallet is secured so that your account will not be hacked.
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after long time bitcoin price start to recover from last month hopefully it will contineu in possitive site
I also heard the news that the market price of bitcoin is rising so it means it is recovering. I also hope that this recovering of price will continue until the last quarter of the year. If that happens many holders of bitcoin will sell their bitcoin so that they will earn profit from buying it.
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Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
I actually accept the fact that most of the governments will oppose crypto currency. But I am worried about the people who are affected in the countries that banned bitcoin. What if there are many people in that country wants to invest in bitcoin? How can they invest money if bitcoin is banned in their country? I am somehow upset.
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As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services. we should know. 1.what challenges are facing bitcoin? 2. how we can prevent it? 3. how we should face those challenges?
I think the common challenges from bitcoin users is that they are in panic when the price is going down and they don't know what to do when the price is continuing to fall down. To overcome that challenge, we should stay calm and have patience and think positive that the price of bitcoin will rise again. And the other challenge is the users that believing in fake news.
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I think the best way to shut up bitcoin haters is to prove that you are earning on bitcoin. When I was starting at bitcoin, there are a lot of negative comments from my friends and they were always telling me to be cautious. Only a few of them supported me and those people are investing on bitcoin as well. They are earning enough money for their needs and they never regret investing on bitcoin even if the price goes up and down.
In my own opinion, we don't need to shut them up. All we need to do is to focus on our work in bitcoin and don't mind them because they can ruin your concentration in bitcoin. I think proving them that we earn money in bitcoin is enough for them to shut up because they don't believe that we earn money in bitcoin. So all we need to do is to prove to them that we earn money in bitcoin.
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As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
I think government can't destroy bitcoin but they can stop it in their country. Government can't destroy the whole bitcoin because it is a worldwide digital currency and not all governments are banning bitcoin. They can stop bitcoin in their country by banning it in their country. Making it illegal to their country can make it stop. Governments can't destroy bitcoin because bitcoin is powerful.
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The question itself is the answer “PANIC”. Everyone knows cryptocurrency market is highly volatile and risky. And most of the people do emotional trading. They sell when it is crashing. And suffer from the loss. They panic and sell in the loss. What is the point in selling at low? One must wait for the market to turn green and bullish. The way to stop the panic is to not engage in panic-inducing activities such as day trading. It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead. The doctor says don’t put your arm overhead ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If you are in need of urgent money than selling is OKAY but for profit, HODL is the best. In my own opinion, for you to stop panicing in selling bitcoin, you must have a calm mind. Focus yourself that you need to earn a high profit but it needs a long time. You must have patience in waiting for the price to rise up. Then you must know some news about the price daily for you to know if the price is rising or falling.
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In my perspective, It is not too late to invest in Bitcoin. A very low percentage of people own Bitcoin. Take a look around you. How many people actually have Bitcoin? It’s a low percentage, perhaps around 4%. Bitcoin is only owned by less than 5 million people worldwide and still has tremendous growth potential. Everybody thought they were too late at $100, $500, $1000, $5000, and now almost $10,000. Nobody knows the answer for sure but it’s worth researching and getting into with a small amount of money that you can afford to lose. There's a saying in Crypto world. Keep calm and buy bitcoin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) In my own opinion, there is no such thing as late to invest. Unless you have a money to invest in bitcoin, you must invest it so that in the future you will earn a profit. But before you invest in bitcoin, you must have a little knowledge about bitcoin so that you know how your money earn profit.
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The Bitcoin is reaching $10,000 again. Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea. Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money. Bitcoin (BTC.X): will this rally sustain?Do you think bitcoin will continue to increase?I am glad to hear that the price of bitcoin is reached $10,000 again but we don't know what will be its price in the future. We don't know if it will rise or fall in the future but we all hope that the price of bitcoin will continue to rise until the last quarter of the year. If that happens many holders of bitcoin will sell their bitcoin and they will earn profit.
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In my own opinion, I think the things that affects the price are the investors, the people , the demand from users. If the demand is high, the price is low. When the demand is low, the price is high. The fake news also affects the price because when the fake news will spread, many investors will not invest money so the price will change.
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First thing I want to advise to you is that you should do some research about cryptocurrency and bitcoin on google and watch some videos about it on you tube. In the beginning everything seems complicated but as long as you spend your time researching and involving yourself with this topics then you will start to comprehend it. Try first learning the basics such as the history, how to make wallets, how to make transactions and how the market works. Then later on try also reading more advance materials.
Yes, I agree that when you are newbie in cryptocurrency, you must research about it. Understand each information that you may gather because it may help you to earn money. When you have enough knowledge about cryptocurrency, that is the time that you may start investing your money or join campaigns.
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I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades. How the police can find about these transactions? Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people. Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society. [/quote
Yes, I agree to you that illegal trasaction are one of the reasons why governments and media are trying to depreciate bitcoin. I think this activities are also the reason why goverments are banning bitcoin. I hope that this criminals will catch soon even though it is hard to track.
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