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When you make the choice to invest in bitcoin, you should have prepared yourself for any eventuality and analyzed the risk carefully. Don't treat bitcoin as a quick get-rich scheme which pays off in a short time. It doesn't work that way. Look at it long term.
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I think it makes complete sense to use only wallet that you trust is safe. If you are using android system and just a quick browse on google play using "bitcoin wallet" keyword, you will find a long list of wallets. Some are yet to be submitted to github, so that is the first warning bell.
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with that amount of cash in hand, you should have bought slowly especially whenever there is a dip. But don't worry too much, even though current situation is quite fragile, anything could still happen that we cannot predict or foresee. Anyway, I wouldn't call investment go wasted. there is always a chance left.
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While I try to think it is over and put on high hopes that the price will rise again, I'll still continue to put cautious on what's to come next. Currently it's still hovering at 207 and another coordinated attack will easily bring it down back to sub 200 level.
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If that's the case, then shouldn't you remove the btc address from your signature. After all, you don't want dead coins to end up there for nothing.
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Yeah, I still remember on that. Just putting high hopes for miracle to happen.
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Yeah, it happens all the while but to spur business adoption you can't have a currency that fluctuates too much and eat into profit margin. Most businesses, medium to small are not prepared for that and even big corporations can suffer due to sudden drop caused by volatility.
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Not sure if I've heard about this before and whether capitalization makes any difference so I just use them interchangeably.
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People basically will see it as a good investment if the price is right and which at that level they are willing to pay for it. When price gets lower up to a stage where investor weigh it against what bitcoin has to offer, its future and technology, its potential and benefit over conventional currency, community support it is getting, they will determine whether at that level they will buy. So essentially I am not quite worried if price goes down
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We all know the weaknesses so we just have to solve it. And solve by means of encouraging adoption which anybody can do. I'm not saying it will be 100pct accurate conclusion that with higher adoption this will solve the volatility issue. But we will a chance and definitely a higher probability
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I continue to hold and because i believe in its future i still make small purchases. Why small amount? Because at this point you still can't determine at what level it will drop to before it finally changes direction
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Yeah it's a big news indeed but I think what they did have a point. With euro continue to slide downwards it's not sensible to continue to peg to the currency by printing more franc to sustain that. Furthermore eu has been pressed into adopting qe which they have been persistent to avoid till now
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This is a major step indeed. What we need is a low cost, easy to use and setup system to drive retail adoption. Imagine what changes this is going to bring when it reaches mainstream
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For those intent to see bitcoin fail, their strategy is to keep on portraying bitcoin as the worst investment of 2015. By making headlines on the negative side, this is to turn new investors away.
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I had a buddy who used to make random predictions all the time. Stuff like, when sitting in a cafe, he would announce "Someone is going to walk through that door right now!" Half of the time someone would walk through the door, and BOOM, my buddy is a psychic. It was bullshit and kinda funny too, he had about a 50/50 accuracy rating for predicting flies landing on ceilings, clouds covering the sun, red car driving by next, you name it. LOL. Same scenario here with different intentions. My friend was just messing with us while debunking psychic powers in the process. This fat lob A Guerbuez is just looking for attention, web traffic, etc etc etc. Well here's my big news; One of the exchanges (wont tell you which one  ) is going to experience technical problems next week. Mark my words, you heard it here first, and you will be glad you are holding in your cold wallets and don't have cash or btc stuck in cyberspace. You can thank me later! https://www.youtube.com/watch?v=QOKociU8t_QOk now this is something new. If it is true it's going to cause a jolt in the market as there are tons of people leaving more than half their stash in exchangers for doing trading. |
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The recovery that we saw is probably just a price correction with some investors taking profit to buy back. The sentiment right now is still pretty bearish.
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I think it's a good idea, just can't think of a way how it can implemented. If we can have a decentralized currency, the idea of decentralized exchangers would also be possible where no one controls it or shut it down. Something similar to a blockchain concept.
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For me, the most ideal number has to be 1000 bitcoin. With that amount, the price only needs to hit 1000 like it did before.
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After seeing the price crash I'm ready to turn into a believer in this and what benefit it would bring. What I mean is about giving everybody a chance... rather than miners we could have something like a cpu driven concept, where we can actually let anybody to leave their computers on and contribute towards the hash rate.
So indirectly you are rewarding common people, main thing is to earn interest by holding on to the coin. I'm sure that could mean something.
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You call that a mistake? You'll be glad that if let's say one year down the road from today and with the price hitting an all time high, it turns out to be one of most welcoming mistakes ever... and your happiest moment!  Never regret. Look forward. |
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