Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ? Sorry if my post is in the wrong place or it's not relevant.
I believe that it is possible. Bitcoin's market value is only dependent on its market demand and if by some instance that its demand continuously decrease, ofcourse it will negatively affect its price. The scenario maybe is if other crypto might be altcoin, would have a higher demand than Bitcoin, this thing could happen, but I doubt that its value will be pushed back to its price 6 years before, because it is way far from its current value.
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I know a lot of people have different reason why the love and embrace bitcoin. For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
Bitcoin is profitable, and I think it's enough to be interested into something such as Bitcoin. There are lots of ways to earn from Bitcoin, a user may invest, trade and do mining to earn. Lots of people are earning huge profit from Bitcoin. Being decentralized is a plus point. It allows its users to use Bitcoin as they like.
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Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.
Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.
I believe that it can. Bitcoin still has the largest community compared to other cryptos that make it the no. 1 cryptocurrency because of the demand that it is having that positively affects the increase on its market value. We should expect for more from Bitcoin because more people are now interested to Bitcoin.
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Maybe if there'll be a better crypto than Bitcoin and if Bitcoin will be banned to most of the countries for some reason such as being used in illegal transactions due to its decentralization even if this is kinda impossible. The biggest threat I think is another crypto that will have a higher market value than Bitcoin because it will surely make some of the users of Bitcoin to transfer into it that will make the demand fall but I doubt that it will totally die because there are lots of people that benefit from it.
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Hi Guy's, Where would you invest 10 eth in when you can and why? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well, I would probably hold it for a long period of time because that's a bit small amount to invest in trading. And given the fact that Etherium's market value is increasing as time passes by, same with how Bitcoin do. But investing into ICOs will be a also a good idea, it is just that I prefer storing it because it is less risky than engaging into trading and investing.
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What do you think? China banned BTC? And btc price goes to 4,069$ today ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You think to sell or it can rise up again, some rumors said that btc will fall down to 2000$ It resulted to hard dump. China is one of the biggest investors of cryptocurrency, losing it made all coins in the market down. All of its market value decreased , a day after what happened. But gladly, it is now starting to rise, slowly but that's a good sign. It shows that Bitcoin will also rise without China. Hoping that this will be continuous. The only thing that we can do is to hold and patiently wait.
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I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
That's possible if and only if Bitcoin is legal in that country where the casino is located and if the casino itself accept it. Knowing that Bitcoin is legal to some countries as a currency, ofcourse casino owners will make use of it such as accepting it. Maybe it will just depend on the management of the Casino whether they will accept it or not.
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If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
Yes that's possible. But in order for this thing to happen, Bitcoin should be legal to a certain country for it to be used in transactions such as tuition fees and the likes. And I think it will still take 10 more years for this to happen since the demand is increasing. And if this thing would happen, Bitcoin's market value will surely be highly stable because it will also have a high market demand if it will be used in daily living.
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It told you few days ago that bitcoin is bulletproof! After all the challenges that affected bitcoin in the last few days, bitcoin still recovers with 9.0% today alone. People think China's action will destroy bitcoin value, or what Jamie Dimon said by calling bitcoin a fraud will destroy it, guess what?
WE'RE STILL HERE... AND BITCOIN WILL LAST FOREVER!!!
What do you have to say about this, huh? Share your thoughts!
That's a very good thing to hear, Bitcoi recovering from what happened recently. We have to admit and accept the fact that China banning ICOs and Bitcoin exchanges is a total loss for our community because it is one of the factors why Bitcoin became this much successful. But seeing Bitcoin slowly climbing up its way back despite of the backdrops, it gives hope that Bitcoin will still be successful. Hoping that positive things will go in favor with Bitcoin.
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Why does the whole criptomarket fall? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) go mass correction. It is sad seeing Bigcoin fall after the continuous positive things that happened. It is because China banned ICOs and bitcoin exchange and since China is one of the major investors of Bitcoin, it negatively affected its market value. But we can also see that Bitcoin is slowly picking up its pieces and little by little climbing its way up again. Hopefully it will totally recover from the downfall. Hoping that the pumps this time will continue.
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So when its the value gonna rise again? will it peak even higher then the previous 4k mark?
In fact, bitcoin is now slowly climbing uts way up and that's a good thing. Still, even if it is banned to China, there are other investors that supports all cyptocurrency including Bitcoin. The demand is still rising, and hopefully, the increase will continue. It is possible that it will again reach the 4000$ mark because of the hardfork that will happen in the month of November especially and hopefully, if it will be a success.
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Bitcoin: $1260/BTC Gold: $1241/xau Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I doubt that it already beat Gold. It is true that it has a higher market value than Gold but that's not the only factor to consider on which one is better. Still, Gold has a more stable market value and with the fact that it has a physical market price. It is still a long way for Bitcoin and maybe, and potentially, Bitcoin will beat Gold as an investment and as an asset in the future.
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OMG, Bitcoin falling again, current price = 3866USD. What happen? we losing money every hours. Need exchange BTC to fiat? Who can explain this situation?
China banned ICOs and Bitcoin exchange and since China is one of the biggest market investor of cryptocurrency, it negatively affected all cryptocurrency market value including Bitcoin The backdrops are comtinuous. The best thing I think is to hold. Bitcoin is slowly recovering from the fall and we can see ir already. We need to be patient and wait for the complete recovery of all the coins.
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Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
It will be your choice, ofcourse. Just keep in mind that Bitcoin is potent enough to grow in terms of its market value and demand from the backdrops. Currently, bitcoin is struggling but eventually it will be in a better situation. But I also think that now that its price is low, it is the right time to buy Bitcoin and hold it for a period of time until its price increase. Hoping that the dump won't be in a long term .
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Good news.BTC price is recovering and its now $3,390.I think the panic drama has ended and ray of hope is seen once again.
BITCOIN - UNSTOPPABLE
Yes it really is and that's great. Indeed, bitcoin fell hard because of what hapoened with China, that negatively affect all cryptocurrency. And now, Bitcoin is recovering from it as you've mentioned. Hoping that it will eventually come back to its market value before the dump or maybe higher. We just need to wait for its recovery patiently and hope that the recovery will be continuous to make things better for Bitcoin. More power!
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i had about $200 worth of bitcoin. How can i earn more with that amount? should I trading? or make an investment? and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me. really apreciate it. thank you.
I think, with that amount, it will be better if you'll invest that into investing to Bitcoin. Investing, in my opinion, is better than trading because it is less risky than trading. Ofcourse you'll need to have a background on what you are investing with. In trading there's a huge chance of trading into wrong coins if you won't be careful and a trader needs to know lots of things in different coins. While on investing to bitcoin, you'll just hold your bitcoin and wait for its market value as well as the profit to increase as time is passing by.
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Share your ideas here. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) In my opinion, I think we will be stuck in one price or maybe worse we will all go down. Here is what happened when US citizens are saving too much. That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out hereIt's a bit funny but I think Bitcoin will be more expensive. If no one will selk their Bitcoin and since Bitcoin is only limited for a specific account, once that limit is reached and still they are not using it, its value will increase. It has to do with the relation of supply and demand. Such that if the supply is only limited, it will be more indemand. And Bitcoin's market value depends on the market demand. So I think it will make its value higher.
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Hi all . I have couple of ideas that I think is good .I not have the money or the skills (programing etc ...) to develop them .So is there any trusted place/one that i can offer them my idea and if they like they buy it or put it in work and give me % something like that.
Thanks in advance.
Try looking for organizations and groups related with each of your ideas, because they'll be able to see the beauty of your imaginations and how good it is. If they are interested with your idea, and you are not capable of funding it, they will be the one to do so. Be careful with people that might steal your idea. And do it right now, because there might be someone with the same idea as yours and if he/she will be the one to propose it first, he'll take credits out of it.
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