I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
No, we cannot control volatility considering bitcoin is sorrounded by too many investors. Yeah bitcoin is surrounded by millions of investors but still we cannot control bitcoin, for everyone bitcoin is different as some are using it as currency some are suing as asset so bitcoin ahs wide phase and right now it is very hard to control bitcoin, infect some people really like the volatility of bitcoin because the price of bitcoin is not the same, buy now hold with patience if today price is low tomorrow it will be high, bitcoin volatility should be taken positively buy when the price will be low and sell at the high price. |
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First i have to tell all, wish you great new year 2018
everyone have targets in cryptocurrency for the year of 2018. yes we have to keep targets on crypto otherwise useless. everyone now concern about crypto world. lot of people now joining with this new era.
personally i have goals. brefly i have to 10x my money. i have big losses and gains on 2017. but everything is experience. now i know what to do and what not to do.
everyone in crypto make a plan , how to increase my profits, strategy for it. my tips for the new comers, focus on new ICO's. focus on undervalued coins.
invest on them. dont put all money to one coin
share your views
I guess everyone of us have own stratetegy to make money in crypto,for me I still prefer to buy crypto in low price then wait for the price to rise up. Good choice and you are right everyone should make some effort for the profit in the future because right now price of bitcoin is not very high but with the passage of time it is increasing so it is best option to buy right now and hold for the long time. We should now leave our currency and should make our faith stronger because 2018 is going to make bitcoin price high and high, I want to see bitcoin legal currency till the end of my patience and I have strong patience indeed, I will buy as some expert have made prediction that price will reach 50k this year. |
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The use of bitcoin is increasing due to the daily advert going on with Twitter,facebook,you tube, linking,people are using it to buy things online,buy airtime, there is even now bitcoin exchanging with fiat..
The advertisement of the bitcoin is really contributing in increasing the use of bitcoin in our society as now bitcoin is being use worldwide and people are really using bitcoin for shopping and to get everything they want in life, for me the best ever investment is bitcoin. it use to grow in price and get very high within time so it makes a lot of profit which is being a reason for people to love bitcoin. |
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Uuhm… I don’t think that will be true, but if does happen it would be just a little influence on the price and wouldn’t be much, and the little influence will take place when, let me just guess, about one hundred people withdraws. In business like this, there are people (especially Billionaires) who are considered as the main investors and they are the ones whose investments can drive the price a long way, either down or up. Our own investments doesn’t do much in affecting the price.
Well for me it is true because the price use to get high and get down with the each and every investment and every withdrawing or the panic selling. If more people will sell bitcoin then the market demand of bitcoin will decrease because the supply will be high but if more people will ask for bitcoin but bitcoin will be short then the price will increase so I think yes the panic seller play vital role to make the price of bitcoin down. |
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Long-term strategic thinking is a foundation of successful business at crypto currency market. But even a not well-educated person can think logically and have methods of action.
Agrees with you the long time involvement in bitcoin makes the currency very strong with gives the profit and the faith to hold for the long time. I think if you will fix your strategy to hold your bitcoin don’t sell at panic it makes you very smart person with very positive thinking so try to be positive then you will be smart enough o make your strategy to hold your bitcoin for the long time without thinking about panic selling. |
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Bitcoin is the strongest currency in the world even now the price is 6701 USD. Just imagine the price of bitcoin last year this time it was USD1000 or below. At present the market trend is bearish mean time the market is expecting that the trend may change at any time to bullish. So there is not any other currency matching with bitcoin in the price value.Its present market capital is 114 billion USD and its daily trading volume also very high and so bitcoin is the strongest currency in the world
Yes, I think so. Bitcoin is a powerful currency. Because Bitcoin is high. Bitcoin's price is higher than other currencies. If the price of Bitcoin increases, it also surpasses the price of gold. Bitcoin has a lot of advantages, which are comparatively more than all the currencies. Bitcoin users are increasing day by day for its advantages. The price of the bitcoin is making bitcoin very high and it will rise more and more. Bitcoin is the strongest and the powerful currency, there is nothing more profitable and stronger than bitcoin, bitcoin is better, safer and bitcoin maintain huge amount of transaction every day, bitcoin has very high price, as bitcoin was the first crypto currency to be created which makes the price of bitcoin very high and makes it the king of all other currency. |
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No, don't stop looking at bitcoin price. You may miss some of the changes that it can take. But, how frequent do you look for the charts and prices? Maybe too frequent? Like almost many times a day? If that's the case, then you should probably just lessen it. Once every two to three days, I think is enough? Always looking at Bitcoin price will just make you stressed. Since you will be afraid of what would happen to your investments. But, that is reasonable. But also will inflict negative impacts to your mental health. And that is not acceptable. Just look once in a while and hold for a moment and see the results of your holding.
Yeah it is not good to look at the bitcoin price right now as not everyone know about bitcoin but almost everyone is trying to know so the price is increasing, we should hold our bitcoin with high patience because it will not force us to sell our bitcoin as the income of bitcoin increase with time but we will have to wait for it, right now the price of bitcoin is going to increase once gain but not enough to sell so wait now don’t be in rush for sell your bitcoin at this time. |
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I have mixed feeling regarding all this big companies venture capital coming into the crypto space. It is good for the overall growth of tge market as the big players are getting in now. But i do feel this could hamper the crypto space too as these big guys will manipulate the market to a great extent for their own benefit.
It was only possible in past but not now, and the reason is that the increasing number of bitcoin users, in fact as soon as time pass bitcoin users are increasing which is making bitcoin more stronger. Therefore i do not think that it has now become so easy to manipulate the bitcoin price so easily. Bitcoin is now becoming more stronger. The increasing number of bitcoin users are making bitcoin more reliable and stronger. I think we still have years ahead of us before we see true mass adoption of crypto. People are getting aware of it's existence but this is just a beginning. That's true. And also while crypto is so volatile and growth so fast, the majority is not willing to use it for everyday purchases as they see crypto as rather a store of value. Well they are not aware of the profit behind the volatile price of the bitcoin, for me the best currency right now is the bitcoin only as no currency has the guts to stand at the front of bitcoin as much it is getting high in price and being popular day by day. So I think majority of people are now trusting bitcoin and they are willing to invest after the recent pump in bitcoin price, so hold your bitcoin don’t sell it at the low price, as bitcoin is the future currency for sure. |
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Every now and then we need always a regulations in order to have a proper process or anything else because regulation intends to regulate what people are allowed to do, and I think that in crypto world we need a regulation to have a clearer transactions for all.
Yes, we do really need rules and regulation because it serves as our guideline in what to do and what is need to avoid especially in bitcoin. We have many bitcoin users so it must have regulation to be followed on order to have proper process. Rules and regulations also serve as the starting point of every users in bitcoin so btc must have it. I totally agree. I think that being regulated also means that people will need to pay taxes in every transaction. While this may seem negative to many crypto supporters, this actually helps reach more businesses without any fear of being shut down. The point is that, it is hardly possible to tax crypto without regulating the Internet, especially when you have anonymous cryptocurrencies such as Monero. Hopefully, crypto will eventually trigger a mass discussion regarding the morality and necessity of taxation in general. Yes there is a lot of things that makes bitcoin high and regulation is one of them so if you see the price of bitcoin high bit means bitcoin will be profitable to you, if bitcoin will get regular as the fear of being scammed or being hack will reduce, for me the bitcoin currency is the best currency which gives every user high profit, so for sure something best like bitcoin should be regular because this way price of bitcoin will also increase and more people will be interested to invest in bitcoin for long time without any fear. |
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Yes, of course, I want a high Bitcoin price. Because if the price is high Bitcoin means there are still many people who need Bitcoin. So the development of Bitcoin will also be better. And investors will also benefit from the high price of Bitcoin, they will definitely get a huge profit.
Well hoping and demand for the price of bitcoin to be high it does not mean that you are greedy or have an impatient nature, with the passage of time bitcoin is increasing and decreasing. Everyone invest in bitcoin for profit so it is their right to see the price of bitcoin increasing and making profit for them, selling bitcoin early not at high price is their own decision so it has no concern with the bitcoin, if they will hold for long time they will earn more profit and if they will not hold for long time they will not get the huge profit at all. |
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If the bitcoin price is stable it will be difficult to grow as it is today, when all things are full of uncertainty then this makes everyone speculate to buy bitcoin. besides, there will be no dev. who are interested in investing into bitcoin because the price is stable then everything is very predictable.
i think to stabil it would be much better if there are many countries that legalize it. because of course btc is used as currency, if for now i think more used for investment, so match with high fluctuation For sure legalization is the best thing for bitcoin, if only one country can bitcoin as legal currency it will increase the value and the price of bitcoin for more country as well, bitcoin now is being use as an investment for a lot of people, well fluctuation will not affect the price and the value of bitcoin because I am taking the price of bitcoin as positive, increasing demand the bitcoin will be only because of the changing price of bitcoin, so for me bitcoin is decentralized currency which does not have the same value but it use to change with time and with the demand of bitcoin. |
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The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.
Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.
What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?
Education starts from family. We cannot wait for the government to include that in the subjects in school. It is the duty of the parents to inculcate in the heart and mind of a child on how to become a goos person which includes the proper budgeting and handling of money. I agree. And if in the early stages of life this is missed, self-education will help. On the Internet there is a lot of information on financial literacy Yes it is not very hard to get the education as there are a lot of sites which gives you good ideas about increasing your knowledge about financiers it is the only you who can force you to learn and who can teach you with experience, we can increase our knowledge and we can get educated by sharing our knowledge and our information about the finances, so better to take about everything and increase our knowledge about bitcoin and get as much as education we can get as it is free does not change anything but it’s really useful . |
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Big idea is more important when starting a business.Whatever the capital is more or less,if the idea isn't correct then it'll be lose.So before proper idea is needed,the focus of capital can't be hidden.
Well you are right for me as well having good and big idea or huge knowledge about something is much better than having only big capital,. As in my own experience two of my friends invested in bitcoin, one of the friends bought a lot of bitcoin at once and sold recently at low price, so he earned small profit for panic selling, while the other one bough only few bitcoin he is holding till now so his profit is higher than the first one, so I think with big idea and planning we can earn huge profit. |
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Yeah dude, bitcoin is the king of all coin. it is the most valuable cryptocurrency as well as investment.as a result people all over the world invest in Bitcoin and earn a good amount of profits. it has the most investor.for all these reasons Bitcoin is the king of all coins.
I do agree with your point of view that bitcoin sir the king of all currency it never get down for long time, sometime price of bitcoin become low but it again recover very fast, now market of bitcoin has again started to increase, for me bitcoin is king of all currency and all coins because bitcoin is the first crypto currency that was invented for the betterment of the country and for the people of the country, as an investment bitcoin has proved itself as a king currency for very high price since start till now. |
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The problem of scalability has reared its ugly head again this time when transactions are clogging and when we are about to experience the coming of the Bitcoin Futures. People have been expecting that soon Bitcoin can reach the mainstream with the legitimization it has been going through with the introduction of the Bitcoin Futures Contracts.
People are now strongly complaining of the shockingly high fees imposed by wallets and exchanges for the transfer of Bitcoin and this should not be ignored by those tasked with making decisions for Bitcoin. This whole thing can kill Bitcoin gradually if not given the appropriate remedy.
Do you feel like discouraged about Bitcoin with this latest debacle?
yes...sometimes i am really discourage with bitcoin because of the latest news that there are campaign that they don't give your salary,but even like that i still trust bitcoin and i know that they will realize that it is not good for them to get there salary. Well it never happened with me infect I use to get my monthly salary well on time, I am really getting my money right on time, but we should focus on more earning as you said you love bitcoin even if you have that bad experience of not being paid, I love my bitcoin for it gives me a lot of money, to be honest I am using bitcoin as extra way of earning and I am happy that I have a lot of saving now just because of bitcoin, so I am not discouraged with bitcoin but day by day bitcoin is encouraging me to have better life. |
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I love Bitcoin because is the first decentralized digital currency. Bitcoin has a lot of advantages compared to other alternatives. It is transferred directly from person to person within the net without going through a bank or a clearing house.
Yes bitcoin gives us safe and easy earning that we can get more earning than our job, we should have faith about bitcoin that someday we will see our income more than double for using bitcoin, if you are having bitcoin you will not have to think a lot before you spend some money, for shopping. I think the best thing about bitcoin is increasing price, I use bitcoin to make extra income, I am in love with bitcoin because it gives me huge profit that I have never even thought about. |
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Bitcoin has many advantages , it cannot be stolen, it can transact easily.it is digital currency, it can access anywhere and many more
Yes that bitcoin has a lot of advantages for us, bitcoin is increasing in price which is the best bitcoin advantage because this way most of people use to earn profit and they get extra money from bitcoin. it is very easy to transfer a lot of money from one place of the country to the other with the help of bitcoin, people prefer to use bitcoin because it is more advantageous than any other currency, we can earn with bitcoin we can buy with bitcoin and we can save our bitcoin for a lot of time. |
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I think now is a pretty good time to buy bitcoin because the price is still under 10,000 $ and I predict that the price of bitcoin will start rising and hopefully break through at $ 20,000, if you buy bitcoin now you can earn a fair amount of profit brother  Yes you are right that the price of bitcoin is now again increasing very high but it is true that now is time is good or pretty right time to buy bitcoin because in market bitcoin price is increasing very high we have to hold our bitcoin and if we have some capital then it is good to buy more bitcoin so that in future we will be able to sell at profit making price, already in market bitcoin has started to grow so our profit is certain not need to put doubt on your bitcoin growth buy now and hold for the long time, every time for the bitcoin is the best time to buy. |
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Not surprice at all.
Because it's decentralized currency so the price will be so variative
Good not to be surprise because bitcoin has very high potential it increase with every investment so bitcoin profit can be above our expectations, we should not let our bitcoin be wasted by selling at panic, bitcoin is a decentralized currency, it is begin more and more famous now, I am expecting very high price and I will not be even surprise if the price of bitcoin cross 100k this year, I am very happy to see the present market value of bitcoin its gradually increase means bitcoin wanna really surprise us by very huge pump. |
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Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Of course yes, because so many make bitcoin as the main job to fulfill the necessities of life for example, who usually do not have a job, thanks to bitcoin they have income and this is also my opinion helping improving the economy of a country. Right bitcoin is reducing the poverty and the unemployment form our community, so bitcoin is really making things better now, for me bitcoin is the best currency which will never get any harm for the loss of user, bitcoin is solving a lot of problem and bitcoin is giving us the reward as well, as should invest in bitcoin and hold our bitcoin we can earn high amount of money which is the best step taken by the investors who use to invest on right time, bitcoin is an amazing currency which is full of benefits only for all people who have no other source of income. |
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