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Well since the first people who claimed btg got robbed of al their bitcoin i don't trust them. I think they are a bunch of scammers abusing bitcoins name.
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For now, I think the price of BTC is unable to return to 20,000 US dollars, because the sharp drop in BTC prices, which has hit the confidence of investors, it will take a long time to recover. But I think in March 2018 may be close to 20,000 US dollars price.
I agree , but i think if this ''crash'' hurt your confidence in bitcoin you didn't know what you were getting in to. But bitcoin has gone from $1000+ tot $150 to go to 20k. So keep that in mind. |
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If you look at the history of the market we will be in a bear market for at least another month, after that we wil be going up i think.
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Well if you didn't expect the market to go down 30/40 % then you don't know what market you are in. This was expected and it isn't the end , this is the result of market manipulation. Which has been happening for years by whales btw. I will only get scared if i see bitcoin go down 75% which has happened before but even from that it came up.
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I would go for altcoin if you want big gains , for bitcoin to go x2 there is a lot more needed than for a random altcoin to go x2 or even more.
But bitcoin is a bit more safe if you like that.
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I think no one knows that , but in the coming years i think it will be as volatile as it is now. When the market is so easy manipulated , it is inevitable that it is so volatile.
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My biggest mistake was not buying earlier and more , first time i heard about bitcoin was in 2010, next time was in 2013 when the price rose to $1000. Got in somewhere in the crash to $150 dollar . But got to lazy to buy more because after i bought it hit $150.
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The risk of holding is that some big move of the big powers against Bitcoin leads to its price to crash. Or that the whales decide the want to switch to gold.
I don't think a bitcoin whale will change to gold , i agree about the big powers if you mean it in the form of government and big financial institutions . If they feel threatened by bitcoin they will for sure forbid it. |
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I think it has hit mainstream yes , when the big new stations report on bitcoin and the bitcoin price a lot of people will know about it . But i think most people still won't buy it because they are scared. So the knowledge about bitcoin has become mainstream but owning bitcoin hasn't i think.
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When you look up the definition of currency , bitcoin qualifies for it. But it isn't useful as a currency , because of the high fees and the slow transaction at this moment . We will have to see if the lightning network will fix this problems.
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because they are afraid of losing money, which is fine i think. Some people are more invested then others , so when they see a 30/40% dip they see big amounts of money go. They will learn that it is a normal thing in this market.
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I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
Oh, also you need to have a good entry point. Even if I want to go into a coin, I will take a good look at recent supports and resistances in order to find a price that is not likely to drop in the short term. I agree with this , furthermore just check the whitepaper , roadmap , and team . See if they matched there own goals they set on the roadmap , check the bitcointalk topic, when it is self moderated i tend to stay away. |
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Everything will be going fine after this fud ended up. As what i see for now there are still some weak hands that dont know how to hodl, maybe they are new to crypptocurrency .
Most people saw this coming , whole top 100 is red . What did people expect after such a big rise. New people are panic selling and the circle is round again. |
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At these moments in the market i prefer to hold . I have a feeling there is a big pump coming and i don't want to be invested in the wrong coin.
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ETH is the better deal and it's price does not spike as much as BTC plus they offer a service to
other alt coins and that makes the money from gas
Ripple i think is the safe long term bet because they will ride out government regulations much
better than anyone else and no one can fork ripple can they now !
Segwit2x goes live today so I wonder how well that will do
I'm gonna stay away from the majority of altcoins (other than the bigger name ones), as a lot of altcoins can be considered pump and dumps That is true there are a majority of coins where the volume doesn't make sense . But if you know what you are doing you can have some big gains in low marketcap altcoin. |
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Looks pretty interesting , ill keep an eye on this.
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Yeah of course they tax you when you earn money. This is why we need more payment options , so there is no need to cash bitcoin for usd any more.
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For the first time when I learned about crypto, I was shocked - blockchain technology can be used almost everywhere, it develops, new details appear like smart contracts, subchains, etc. This process can’t be stopped. This is definitely a golden age!
Indeed, this is just the tip of the iceberg, yet people still refuse to accept this. Though this is not to say it can't be a bubble. There's a lot of money and potential in it but it can still backfire suddenly. A bubble doesn't mean the technology is bad , just that it is valued way to high. The question is how big can this bubble get before it pops. |
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When bitcoin starts dropping, and new people who invested start panic selling.
But the good alts will stay and bounce back.
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I feel bitcoin is moving away from the decentralized vision it had , will see how the ln will work out.
This is the most important feature of bitcoin so i hope it stays.
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