As far as bitcoin is concerned, it is quite normal. It goes up very rapidly and also goes down rapidly.
I think the reason why bitcoin is rapidly bog-down.Because of the announcement by facebook and google that they need to ban bitcoin in their sites. And because of this news that spread all over the world. Many investors panic selling their coins in the market. That is why the law of demand and supply is not balance. The more the supply the less the demand.Which is the causes the price of bitcoin is very low. |
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Best time to buy, now is golden time for invest more money, especially to new ICOs. When whales reinvest their money, will go first to small put promised ICOs and pump them.
I guess its the best time to buy more coins. Because the price of all coins is droping on a very low price, just keep on saving more coins as much as you can provide it. Because when the price of all coins are bloom into the highest level then for sure you can gain more profits. |
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I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
Yes there are many people in CryptoCurrency world are buy in a high price and sell it low, there's many reasons why it happened. First they sold their coins because of panic that happened right now in the market. Second there's a emergency happened they need a money for daily and the only way they could sell their coin. Some people buy bitcoin in a high price and sell in a very low price. I think this people are lack of knowledges about the cryptocurrencies volatility. They always panic when they notice that the price of cryptos deflating in a very low price. They sell their coins immediately no matter how they lose their investment and the profits. |
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If you are really smart, you should go all over it, since it's your money you'll going to invest or use, you should at least be extra careful by reading it, if you are lazy to read word by word then go all over on the important points.
Yes, my friend you are right its very important that before you choose that ICOs you have to be carefully read thier whitepaper even if you have bored enough to read thier guidlines. Because all information are bieng there in the whitepaper and it will guide you to be aware of the scammers ICOs. |
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A lot of people knows crypto currency now. The ICO number may increase compared to last year. Investors will be happy in 2018.
Well I am also optimistic that this year marks the increase of the ICOs. It will be the best time for us to invest. The community is growing faster now and some countries are recognizing cryptocurrency now. This will be a great opportunity for all of us. |
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Just wait for a little,BTC needs a big correction its too risky to buy BTC now because the price moves so fast,while ethereum facing network problems like slowed transaction speed.
Yes, this time is the most appropriate to buy BTC. Because the BTC slumps in a very low price. Its better to invest our money in BTC. And hold it for a while. Because the price value of bitcoin is unpredictable so we should grab this opportunity and waiting for the right time when the price is going up, then thats the right time to sell ll our BTC for sure we can gain a lot of profits. |
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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?
Even fiat money like dollar is not stable. But bitcoin is the most unstable. For me, this cannot be controlled because this is decentralized. But its volatility is helpful in many ways. Like for those investors, they can profit bigger when they buy coins at lower price and sell them at its highest. |
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Guys, how do you think, is a ready-made product important for ICO project? In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans. As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7Of course, it is important to have a good working product or app, because the investor can see that this startup have an experience and enough skills to make this product better. Yes, the details of products is very important for the projects. So that the people will know what is the product is the all about and the purpose of that project. And the investor also will not hesitate to invest their money in that project. |
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the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared  Panic is not the right solutions in every problems that we in counter. Like this time the price of bitcoin is declined in a very low price. Some of us getting to be panic selling their coins. Because they think that bitcoin and altcoins can not recover, they are losing their money. So its better to be calm and relax so that we can make a plan or we can decide it properly. |
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Guys what do you think about Homeless people who use cryptocurrency on the street is that an evolution or something else ?  Actually I am confusing about that beggar. Because how does he know about the bitcoin. Is he really a beggar or he pretend his self as a beggar. Or its her way or the stayle so that he can get a big amount if money. |
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Based on my research not the China why Bitcoin is dumping now. The reason is related to another cryptocurrency called tether and allegations that the people behind it are using tether to prop up the bitcoin market.
Yes, you are right. China is not the only reason why bitcoin is dumping. It think there are also a big players in their groups of big organization. Who are contributed this reason why bitcoin incounter this problem. Like the MT GOX trustee has sold a half billion dallors of bitcoin. So this could also affect bitcoin price deflating. |
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How long will it exist? Likely until the end of the human race, or until the alien invasion. How long will it thrive? That remains to be seen.
The existence of bitcoin I think will last forever because bitcoin now is very tremendous in terms of popularity. Many people would like to invest their money in bitcoin. Because they trust bitcoin, and they think bitcoin is very useful in any way. Its because of fast and reliable interms of services. Like payment transaction and especially in investment. |
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The world would die, bitcoin is our savior, savior is the next step in our silly life, bitcoin is our future.
If the bitcoin was not created until now. For sure we are not her in this forum.I think many of us until now did not know what is bitcoin. How it works, I think many of us until now will always suffer financial problems. Like me i came from a poor family. I have no permanent jobs. |
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Buy when market is Red, a trick to successful trading.
Oldest rule in the trading book. Problem is knowing when the floor is already hit and readying for the bounce. Today's gains seem to be going steady with all coins gaining values. Maybe after CNY we will see spike in the BTC and ETH volumes and value again. It is surely going to go down, its been going up for the past couple of days, thats how the market works. Yes, if you have a plan to buy more coins its better to buy when its red which means the price of all crypto will declined in a very low prices. It is very good to invest your money in that situation because you can buy more coins with a small capital. And hold it for a while and wait until the price will bloom like a thunder. For sure you will earn 2 times of your capital... |
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I assume that you are using an Ethereum wallet and not a Bitcoin wallet cause you are pertaining to tokens.
Private keys is the most essential with any kind of cryptocurrency wallets so if you lose it then there is no way you can retreive your wallets. You have no any insurance in getting back your tokens anymore but if you still have an access to your Keystore File(UTC/JSON) with password then you can still login to your Ethereum address.
That is why we have be a responsible for keeping our private key safely. Because our private key is very important. We can not access our wallet account if we have lost our private key. So in order to prevent from lost private keys.. We have to puts some back-ups its either we save it from the USB or the personal loptop for assurance that in case we lost our private key, we have a back up. |
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"Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesn’t mean they can kill it". The above quote is from the research information I got when I was trying to find out why world government is fighting crypto. Please read the full text here: https://www.ccn.com/fighting-bitcoin-cryptocurrency-trading-threat-government-policies/ and make your own contributions. It will help cool the nerves from the crypto dip we are experiencing recently. Happy reading. Thanks Nice article in my own humble opinion government can only regulate the use of cryptocurrencies but they cant kill it,because other countries has already seen the good things which cryptocurrency offers,most of the countries that banned cryptocurrency activities like ICOs,trading are the ones who are in the power which clearly why they dont want cryptocurrency,decentralization will make people's freedom to transact anonimously which would have some negative impact,the government will find it hard if someone has done illegal activities like smuggling plus these transactions are not being taxed,which is the main reason why they are making their move to stop the cryptocurrencies adoption. Yeah you're right the government can regulate crypto. But they can not kill it easily. Because crypto is a decentralized transaction and it ca not easily be trace to the government. Unless they blocked all the sites that could affect the transaction of crypto.Especially the blockchain. |
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Cause gives another alternativity to fiat money and central banks monopoly, and also cause its value increases hehe
I love crypto for many reasons, number reason I earn a lot of money from crypto. My income in Crypto help me to sustain my financial needs. I am very happy that I was found crypto. It helps me to gain more knowledges and I learned some strategies on how to invest my money in crypto. |
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There is no doubt that today's ICOs are the future. In a few years many of them will actually die, but the best of them will develop so good products which we can't imagine today. They will become like facebook, alibaba and so on at the beginning of 2000.
Exactly! Maybe some ICO will disappear but there some which will develop good products. That is why I truly believe in this currency. I maybe not so rich by this but atleast this could help me live a decent life and help me to support my family. We must be strong in times of trials and have faith. Everything has its ups and downs. The important thing is we believe we can. |
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Its still depends on a person's perspective in life. People learn from.their experiece. Maybe financial education is also important because we are using all financial aspect in our life but as people also have their talent in doing financial analytics through their wit. They are smart enough on how they will use their money because afterall they have to do it in the right way all else they will left nothing. Its people decision whether they will want to be gain more knowledge through study or through the usual way.
Financial literacy is the ability to manage financial resources effectively. Maybe we can gain this skill eventhough we are not a degree holder. I think this skill is developed since our childhood. Parents have big role in molding the children including financial literacy. Being careful and deciding how and what to spend money. |
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By what year will we switch to Bitcoin? Is it possible in your opinion?
I think bitcoin for now is a speculative instrument and we won't switch into using bitcoin as main currency anytime soon. In fact, I don't think that bitcoin would ever replace the current fiat systems, governments would not surely allow it and many doesn't like decentralized things. It won't stay as a speculative instrument forever though. It will surely be used someday as an alternative way to pay others for their services. I am to your idea too. It is far difficult when our current fiat system will be replaced by bitcoin. Aside from government disapproval it is not easy especially in a very wide population and it might not so applicable to some activities that involve money transactions. But it might not stay a speculative instrument since there are also activities involving money transactions in which bitcoin could be used like paying bills, salaries and other applicable transactions. |
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