Bitcoin will continue to grow in 2018 but another 17 folds return is quite hard imo.. For that BTC price should get to 300k$!!
Agree, I’d be delighted with a 2 or 3 x increase in 2018, we are talking BIG money then. If bitcoin continues to be relatively stable throughout 2018, then I would be happy. Like $25K at the end of 2018 would be good, in my opinion. It would mean that btc will have established itself as a stable, reliable cryptocurrency and it's the altcoins' turn to replicate the 2017 performance of bitcoin and hopefully reach it. |
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Doesn't this look like a decision which the company could regret not in the distant future? If the price continues to rise as it does right now, they will see that they have to constantly pay more in fiat to their employees. But in any case, this is good news and could perhaps even be used as PR material for the company as well.
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The increased traffic, number of unconfirmed transactions and the rising price all indicate to me that another pump and dump cycle is on its way. Regardless of the pump and dump, the unconfirmed transactions and slow transaction speeds are annoying me as well.
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What do you mean exactly, with "true bitcoin enthusiasts"? If someone is buying coins as an asset, are they not a true bitcoiner? In any case, bitcoin as a medium of exchange would not be a thing if bitcoin wasn't worth anything in fiat, so these true enthusiasts will have to continue to pay attention to speculations and investments if they want to continue using bitcoin as a medium of exchange.
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How many idiots who decided to invest in bitcoin!!!!!!!
It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....
In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.
This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.
So began a process of growth needs the infusion of more money.... They're gone.
I think the joy of endless growth to an end this weekend.
Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....
I don't see how you reached the conclusion that the market has reached its peak? Even before any major players or governments have explicitly announced their intention to get on board? We have seen some pump and dump cycles before, so this is nothing new. |
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Although the coin's trajectory within the last week has been disappointing for me, I'm fairly confident that it will go up once again and hopefully reach $7 levels. I think the sudden interest in IOTA threw it off course for a bit, but hopefully it will recover.
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Try to forget about it during the day, especially if you have a day job. You would never be able to react quickly during the day and take meaningful actions. What I do is every night I try to watch the trends, read some news and adjust my portfolio for the next day, if necessary. Checking your phone every second just won't fly.
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I've heard that electrum is a good wallet but personally I choose to keep my btc in exchange everytime there is a forking scheduled because I don't need to read and follow instructions on how to get those free coins it would just reflect in my balance as long as exchange support the forking and birth of new coin.
I would advise against that, actually. During or around the time of the fork, the surest thing to do is to keep your coins in your own wallet. This is regardless of whether there will be forks actually, you should try to keep as little money as possible in your exchange wallet at all times. |
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Are there many of you who travel internationally? If you do, obviously you have your laptop as well for many people. But i assume most of you travel with your nano ledger or trezor as well? If so, i assume you don't have to declare you have over 10k on you right since its not a currency but an asset. But also you aren't carrying bitcoin because the nano ledger is basically like your bank card which has money in it? Has anyone been asked about it when flying internationally?
Then again if you have a bitcoin wallet on your computer such as electrum or any similar ones, wouldn't that be the same thing as a nano ledger or trezor? But the thing is the nano ledger looks like a keychain or usb but the trezor looks a bit different? And also when you carry it, do you generally carry it as is or you put it in a box?
Maybe a sidebar, but if we're talking about short term travels here (1 week or so) why would you want to carry your hardware wallet around with you? The fear of somehow losing it would terrorize me and I wouldn't be able to enjoy the trip at all. Wouldn't it be best to keep the wallet locked up at home? |
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Whenever bitcoin surges, it is normal for new users to come here; but most hang around and go away after a certain while, because they are not interested in bitcoin or cryptocurrencies in general, other than making a quick buck. I think in the long run, it will even itself out and people who are really interested in crypto will be the long term users of this forum.
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I kept my coins in mycelium during the fork. After the fork, I downloaded coinomi, created the respective wallet for the new coin, swept my mycelium wallet, and I had my coins. It was a very simple procedure really, and I trust mycelium as well, so I was happy that I didn't have to move my coins to another wallet before the fork.
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Hi Torra, when will you be updating the spreadsheet? Thanks.
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Well the last coin is supposed to be mined sometime in 2140 an I'm fairly certain that bitcoin will not be around by then. Who knows what sort of world we will be living in, in 2140. So whenever this question is asked, my go-to response is that it's useless to think about it, since no one knows what 2140 will be like.
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This is a big problem. I am sure that next year the idea of increasing the size of the block will be continued. Continue to pull the impossible. But I'm not afraid of high price transactions. I do it once at the time when transferring a large sum into the account on the exchange. then I just change the coins for Fiat and don't pay such fees.
I don't transfer bitcoin often as well, but in my view this shouldn't justify the high transaction fees. Not everyone moves thousands of dollars with each transaction as well, so you have the danger of the fee costing more than the transaction itself, which is never a positive thing, of course. |
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I wouldn't sell before seeing another ATH. It seems obvious to me by now that we will eventually see $20K (perhaps even before the end of this year), so unless you absolutely need money urgently, I wouldn't sell for now.
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In terms of popularity, I would say that bitcoin is already mainstream. However, if you are referring to being a daily payment method, I think that won't happen, due to the significantly high price of a coin, long transaction times and high transaction fees.
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This may even be a conservative estimate. If more people figure out that bitcoin continues to increase, then you cannot stop from entering the bitcoin ecosystem. The next year is going to be very important in this regard, to see what the launch of futures will mean for btc.
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I think hodling is eventually going to win out. Bitcoin transaction fees are too high for trading anyway, at least for my taste. And since it's proven so far that the price increases in the long term, I see no reason not to hodl. If you want to trade, altcoins are the way to go.
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This may indeed be one of the most important problems that bitcoin will face in the near future. There have recently been articles talking about the increased power need the bitcoin environment requires, and there are many altcoins which run on considerably less power. I think it's going to be interesting to see how this topic plays out.
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I think the critical threshold is over now, whether bitcoin will become mainstream or not. Mass adoption has already started, which I think will drive the price upward in long term. All indicators are positive for bitcoin so far.
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