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Although he/she is your friend the final decision should be your and your alone. The question is also how deep is your friend involved in cryptocurrencies and how much understands the whoe situation.
Don't fall under someone's influence easily and do something that you might regret. But like I've said, you know your situation the best and you know what is the best for you.
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Eliminating banks is eutopia. Just not possible and bitcoin and other cryptocurrencies don't have that power. Don't have such hope, it's useless.
They might modify the way they do banking business and they will do that eventualy but they will continue to exist because the economy in the world is depending on them.
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First of all there is a big difference between ban and limitations and that should be clear.
China did not ban bitcoin but introduced some limitations to the banks and some regulations to the miners. That also affects the bitcoin market but is not the same as ban so don't give here false informations, this only makes further damage.
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No, this has nothing to do with bitcoin price.
Not such mass shopping hysteria is expected like for Christmas when many people exchange their coins to buy some presents. But even that in December did't affected bitcoin that much.
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My suggestions:
Lucky Bunny Bets or Lucky Bunny Dice (LuckyBunny.com, BunnyTail.com)
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Well... At least the fees are gonna be a lot cheaper than before. Lmao. I think I would prefer high fees but with 20K USD/BTC right about now... What were we even thinking!!?!? Who cares about the high fees, we are supposed to be the new wealthy elite damn it!  There is still a chance. I strongly believe bitcoin price will be again on the track and it will reach again 20000$ or even more. Maybe not so soon and so fast as we would like but it will. High fees come with the high bitcon price but like you've said that is something we can live with as long as bitcoin stays high. |
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Define average.
I think today many people have basic knowledge about internet and techonolgies, they learn that already in schools, so that they can understand bitcoin and other cryptocurrencies.
The biger problem is that many people don't even put the smallest effort to learn something about bitcoin or even to read the basic information because profit is their only focus.
I don't think that bitcoin is too complicate but there is lack of basic interest for basic information about it.
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Right now it's the time to buy. But not for long because soon the price will start to rise again, at least that is my opinion. I also think that we have already achived the lowest price in this round of downfall so take the opportunity while you still can.
So, buy and hold for the future for me that is the right strategy for the moment.
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I could agree with that. Panic selling in situation like this is the worst thing you could do and I just can't understand how people don't see that. Probably it's because of the lack of experience and knowledge about cryptocurrencies. But mybe now we will touch the ground and after that the price could start to climbe again.
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The problem is this gap that has been made on bitcoin debit card market ever since Visa announced the end of their cards.
Also, every former bitcoin debit card service provider claims that they will be back on the market soon with their new cards but as far as I now there are no signs of that. It seem they all have been a little bit surprised by latest happenings with Visa and they didn't have the back up plan prepared.
I don't think it's very likely that we will have new card provider in the next couple of months and that frustrates me.
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Personaly I'm not buying bitcoins because I have other souces of it but actually not it's the perfect time to buy. Everyone gets desperate because of the recent price fal but real traser are actually happy because they see this as an opportunity for further profit. If you have extra funds go and invest, don't listen to stories that bitcoin is dead.
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I always wonder where do you people are finding those figures and how can you know what value will bitcoin achieve in a day or month. Unless you have a cristal ball.
It's very hard, not to say impossibe to predict the bitcoin price especialy when market changes so quickly.
After every price dump the pump will follow but unlike you I wouldn't dare to say that this will be 13000$ and that it will happen in copule of days.
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Bitcoin debit cards are to my opinion great way to spend your bitcoin on every day basis or withdraw cash on the ATM.
But ever since Visa broke the partnership with Wave Crest because of term violations, there is no big choice left and only few cards that are still working.
One of them is Mistertango debit card that is MasterCard so it's not affected. You can check the terms on their website and see if it suits you.
I'm not sure if Advcash card is still working, they also have MasterCard.
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I don't expect the price to be as low as 4700$. Still, no matter the price don't panic and don't sell. This is the dump that has to happen but like every time in the past bitcoin will survive this period, look at this as a normal volatility process. Soon the price will be on the track again.
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Don't be so dramatic, it's not he end of bitcoin.
This price drop doesn't look nice but still we have seen such situations before and you can remember that price always recovered. My advice would be to buy more bitcoins now at convenient price and wait for the price to rise again to make some profit.
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I don't think this will happen. Ethereum is a good coin but it will not replace bitcoin and take the number one place. Ethereum is not so usable in real life like bitcoin.
These speculations always appear when the price falls but when everything goes back to normal all this predictions disappear. The same will be this time too.
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It's not only about Bitcoin government has to contemplate a lot of stuff which normal people are using all around us. Let's analyze the facts why the government does not like Bitcoin the most important point is governments do not allow export or Import of foreign money and if by anyhow they got into their country they will charge extra tax. Like in India people have to pay Some tax if they were found using Bitcoin. But I am still in a hope banks will someday get bankrupted because of Bitcoin. It's just a matter of time when people will understand how they should control their money and we'll worry about their security they will take all of their money from the banks.
No, banks will not go bankrupted because of bitcoin or any other cryptocurrency. They are not so exposed to bitcoin and it can't influence that bad on their business. Besides banks are still crucial for world economy and are backed up often also with politics and higher interests. |
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I disagree. Bitcoin is not a bubble and it's not bursting.
Price movements are part of volatility process and currently some price corrections are active and don't look at this only short term or comparing the values only in the past one year, you will not get relevant conclusion.
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It's not worth waisting the energy. At the end people will always believe what they want. Those who haven't figure out by now that bitcoin is not a scam probably never even will. If you can't convince them to try on their own which would be the best for them then just give up.
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