You have your point we don't really know what would happen in the future just like what you said bitcoin could get regulated or shut down at some point, at some point if it gets out of control.

That would only happen if things happened but if bitcoin just continues to adapt as it is today surely in the future it will be a lot more value and could even reach up to a 1million dollars of value.

Still, the potential is already in there and it's hard to take profit if you're not holding for the long term, it's better to just forget about your investment and then just come back if its bullish.

I suggest that you take the path of an investor or a trader, you could read a lot of information here in the forum that could help you in cryptocurrency or bitcoin.

With your experience, you could share them here in the forum to also help other members at the point you will be able to make a lot more quality post here in the forum and at the same time your also earning with trading and your investment.

Also, you could easily post or ask here in the forum if there is something that you do not understand or you encounter some issues related to cryptocurrency.

Companies adopting bitcoin as a payment method is a big help to the adaptation of bitcoin and might also bring the price of bitcoin up. Depending on what the company plans to their bitcoin but since they are accepting bitcoin meaning they were also investing in bitcoin. The market price of bitcoin was so volatile so it's so risky to implement it in a business if your not an investor or you don't even believe on bitcoin.

For now the cryptocurrency like bitcoin is not suitable for payment just because of the volatile market price, but as it grows over the years it could easily adapt.

Bitcoin is better for a long term investment, bitcoin has a high demand and a limited supply in the market, we know the fact that the supply is limited to 21million bitcoins.

Compared to gold where we don't know the supply or how much gold that we could mine on the earth, as the technology rises it its easier to mine gold compared in the past years because of the technology.

So we don't know if the supply is high in gold compared to bitcoin where we know how much supply it has made the price surely pump in the coming years.

Because of the increasing number of investors in bitcoin for me, we could still consider it as bullish, buying at 34k is a little risky since it's not that deep but I guess it's still worth taking the risk since the number of address who has more than 1k bitcoin has on its ATH so we could easily expect a high market price soon.

The drop in the market price was just because of the miners selling there bitcoin in order to make a profit, Personally, I invested a small volume again and I really think that the market price is gonna pump, and its already in 36k$ which is a good profit already for a short term investment. Would invest a much higher volume if the market price continues to dump and sell for short if the market price pump.

He should at least make a copy of that password and the private key for backup, if we're talking about millions security is a big issue, and just remembering your password could be an issue as well.

It's a big loss to him but at some point, losing this bitcoin has a good effect on the market since it could make the market price even higher because it limits the supply of bitcoin.

Probably he didn't know the value of it yet in the past years so just buying bitcoin by putting it in a wallet, and only in the bullish times where they see the value of it.

Para saken it is still bullish sabi din mga articles na ang reason ng pagbagsak or dump ngayon ay dahil sa mga miners na need nga naman magprofit so need nila magbenta ng kanilang bitcoin.


https://studio.glassnode.com/

Makikita naten ang bilang ng mga address na mayroong mataas higit sa 1k bitcoin ay nasa ATH pa rin hanggang ngayon, at patuloy na tumataas ang mga address na ito.

Alam naman naten kung matagal na tayong holder ng bitcoin ay ang ganitong pagbaba ng presyo ay rollers coaster lamang at para saken ay bullish pa rin ito ay maarin pang tumataas ang presyo.

I've seen a lot of bitcointalk clone sites like this and most all of them are just phishing sites to hack accounts in our forum. I remember visiting something similar to the bitcointalk.org domain and obviously a clone of bitcointalk because it just copies everything of the UI, I think it's bitcointalk.com or something like that.

To be safe I'm just not gonna log-in to any of these websites unless I know that it's a different and legitimate forum.

CNN or news is a bit helpful for sure as they influence a lot of people seeing bitcoin making a lot of people millionaires or even billionaires.

From the news and articles, the drop was because of the miners selling their bitcoin in order to make a profit, because they were miners and to keep the company going they need to sell at some point.

The drops in the market for me are healthy in the market because that is where you could get the opportunity to invest and gets its profit.

In the past month, we could obviously see that the bitcoin market price just pumping and if you're in bitcoin long enough we know that it is just a roller coaster, the number of bitcoin holders compared to the past years is a lot higher so for me we are still in the bullish.

It's a good time to sell your bitcoin if you're not aiming for a long term investment and just aiming for profit, we could easily expect a correction in the market price after a big pump up to 40k$ so you might expect a big dump soon. But if your willing to hold at the deep prices will be much higher, it's your choice you could sell and then buy again when it dumps or just hold for a higher price up to 100k$ or a million $. The thing is we don't know if the market will continue to pump up to 50k$ or will the correction is gonna happened already.

If your aiming for a higher market price you could just hold, for now, holding bitcoin is not risky because of the solid demand and limited supply so you could easily expect a higher market price in the coming years.

For sure magiging ekis lang sa market itong XRP kapag nanalo ang SEC sa lawsuit nila pero as long as hindi ay patuloy na magiging nasa top itong XRP.

Naginvest ako nung bumagsak sa .2 ang price ng XRP sa market maganda investment sila kahit sa short term investment dahil sa volume hanggang ngayon so far ung pagbagsak palang naman sa price ang effect which is actually health and magandang opportunity sa mga gustong maginvest sa XRP.

Pero pwede rin na ang mga exchanges ay gustong kumita sa XRP sa pamamagitan ng pag tanggal ng XRP sa mga exchanges.

I mean correction and drops are actually healthy in the bitcoin market and just like what happened with the continuous pump of bitcoin up to 40k$ obviously people are expecting a correction already.

And with that kind of ridiculous pump in the market price of bitcoin, we could really expect that when the whales sell their investment soon because of the higher price of bitcoin it will be a big dump because of the high leap of the market price of bitcoin.

50% is kinda high for some because for sure a lot of people want to invest in bitcoin and it's a lot more popular than before but it is still possible but for sure investors are gonna reinvest easily when the dump happened.

That's true a lot of people are already established when it comes to fiat money or fiat currency and compared to the digital currency which is kinda new to them.

Also, digital currency is just not adapted in their country and they are not used to that kind of technology, most of the people would only trust the currency that the government is circulating like fiat money.

Something like crypto is just more like a scam thing to them and most of the people including me thinks that it's so much vulnerable to scam or hacks if it is an online thing so I always convert to fiat whenever I earn a good amount.

Kahit ngayon naabot na ang 40k$ sa market parang mataas pa rin ang chance pa magpump pa rin ang bitcoin at parang hindi pa rin naten alam kung magkakaroon na ba ng correction sa market.

Siguro pagdaan lang ng ilang buwan kung hindi pa rin magkakaroon ng massive correction sa market ng bitcoin ay talagang madali lang maaabot ang 50k price sa market.

Kahit ako ay nagbenta na rin ng holdings ko ng bitcoin noong 27k$ which is hindi na masama pero kung cocomoputin mo ay medjo malaki talaga ang nawala na profit.

The rise of new ATH up to 40k$ is surely a good thing and a big achievement to bitcoin and compared to the past year crypto and bitcoin are more popular and adapted in a lot of countries.


We could easily assume that the market price of bitcoin is going to increase in the coming years just because of the solid demand in the market and limited supply of it.

Next year, for sure the market price is circulating around 40k$-100k$ or might even be earlier this 2021 just like what we have seemed at the end of 2020 surpassing and achieving a new ATH easily.

There is so much to learn about cryptocurrency and bitcoin that you could take time to learn all of that, but at some point, if your gonna be interested in cryptocurrency it will all lead to buying the crypto.

That just means that you need to have at least a small capital to get started investing in crypto with the small amount you could trade and make a profit and then reinvest that money to get more profit.

What you could do is to start saving some funds and then from that you could start to invest from your saving. Or it either you could invest in yourself so that you could earn and people could hire you and pay you for more money.

Maganda kung talagang maraming mga Filipino at talagang dumadami ang mga Filipino sa forum dahil na rin masmaraming mga opinions at maraming mga Filipino ang natututo pagdating sa cryptocurrency at bitcoin.

Pero ang problema lang ay maraming mga user dito sa forum ang gumagawa ng mga alternative account para lang mangabuse dito sa forum. Maraming Filipino ang nagiging interesado sa bitcoin lalo na at ito sa popular at naaadopt sa mga bansa.

Hindi naman din negative ang epekto kung dadami ang mga Filipino user dito.

I just did the same thing selling my bitcoin at 27k thinking it was a good price already and I did make a profit from it but selling it around 35k$-40k$ is surely a big difference in profit.

But I guess it not that bad as long as you make a profit from it, you could still reinvest that money in cryptocurrency and for sure there is always an opportunity to invest in bitcoin.

Everyone is surprised and it's really unbelievable that the market could easily pump that high in just a month starting last year.

Well, sorry for your loss it's not really your fault we can see the effort you put in keeping your bitcoin safe, and then just because of the password manager, you lost your bitcoin.

I think it's better if we have something like a file like what he did and also the drives where he put the other seed, I'm surprised he didn't put his password there with his private key. The password manager could be hack or whatsoever I mean it's really tempting especially if they know the bitcoin market today.

Also has at least 1 copy of it in a notebook just for an emergency, especially for passwords it's true that it might burn because of fire but it's the only copy that cannot be a hack or corrupted like a drive.

That's actually ideal for most people since for sure after 10 years your 200$ investment in bitcoin will make a profit and probably will be around 1500$ or even more.

But for an investor, we know that investing one time like this is the best move that you could make but at the same, you need to wait for the lowest market price of bitcoin possible before going for the investment to get a higher profit and its not really a small profit even a small price difference.

At the same time, short term investment or traders actually make a good amount of profit with trading daily so that's another option to make a profit too.