If the number of investors increase in bitcoin and it will be accepted world wide then it is possible that bitcoin volatility can be controlled, as sometimes its quiet frustrating to see that in the start of the day you buy bitcoins at $3.5k but at the end of the day the price comes down to $3.3k.
Bitcoin volatility is an feature that is incorporated with it. So making it out of bitcoin looks incomplete and volatility is one among the best thing that make it far better than the traditional paper money. Maybe in future when it gets a much bigger investor base along with worldwide usage the volatility might get lowered by never goes nil.
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Try buying ETH, today is a good time to buy ETH because of its lower price then hold and wait until its price become higher than you expected. ETH is a good and promising altcoin. It will give you a lot of profit just be patient.
The days of profiting big through Eth has gone. Now the growth seems to be an steady growth. During the starting days of the year it was the days of ethereum, because the price pumping happened from a value less than $100 towards $500 in a very small time period.
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With bitcoin there is nothing as a better news and bitter news in my view, because it's a speculative asset and the prediction market varies periodically. We can't complain that someone has made a mistake against bitcoin or the cryptocurrency. It's good to take it positively and act accordingly. If that's possible with an user then profiting is cent percent assured.
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Bitcoin has the ability to make an user rich instantly, but for the same he needs to have certain amount of fiat in hand, without which expecting to be rich is simply a foolish or misunderstanding. People who comics to it becomes rich now or later based on the active involvement.
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If one user keep hold of large volume of bitcoin and if he dies unexpectedly then surely it goes under the lost bitcoin list if none has the private keys to retain and make use of it. So it's better to have a separate record for all such details or need to share the details with the dependents of you.
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There might be a war urge, but the same won't create an war between the countries. Both are highly competitive in the technology industry, so if that happens surely a major impact will be felt over bitcoin and entire digital currency. Now America too announced it as an entry restricted zone for some reason.
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Its basically for everyone. That's the good thing with btc. You don't really need to have a big capital and you can even earn if you're diligent enough. The opportunities btc gives people is quite amazing
Its an asset that's generated for common usage without any kind of segregated usage. Maybe the increased price shows it as an asset that can be used by the rich. In reality one who has certain knowledge in technology and related activities could easily know about it and use it.
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Actually the government can do it anytime, but of course they have special analysis and consideration so the government let bitcoin. if one day there is a special regulation about bitcoin, of course, aimed at protecting the regular currency.
I don't think governments can eradicate the usage of bitcoin, because in the past when certain countries banned bitcoin the users still had accessibility to the usage of bitcoin. I don't think that governments will focus much on banning rather than using it for effective functioning same as that used by Russia.
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As most of the users expectation the price is expected to reach $7000 in the short or long rather than falling low to $1800. Still we can't be sure, because at anytime anything could happen. It's all a matter of time. Things go unexpected as well grow high when people were thinking of decreasing in value. Right now the price seems stabilizing within certain price range. Hope this is an start for a pumping.
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all hoping btc will return to normal. indeed china has the biggest market and mining prices will be affected from china but do not worry it's just a prior assumption. now the holders need not worry because there are japan russia and others. now china no longer has any effect on bitcoin value. so logically and positive thinking bitcoin will return to normal.
At present we've been gaining more and more support for bitcoin in various forms. Starting from adoption happening as a whole to a investment source for people of all levels. Maybe we need to wait for few more weeks to reach the value from which we started to decrease in value towards the the value lower to $3000.
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I think all investments must have risks like bitcoin also have the risk of losing capital. so before investing we must learn first, because the main capital for the first investment is learning
The good thing about bitcoin is that is not only an investment if you have any skill that you can exchange for money over the Internet then you can get bitcoin for it, so you are not exchanging your fiat for bitcoin rather you are exchanging your time for bitcoin, this is something similar to what happens in new companies that have no money at the beginning and choose to pay their employees with shares. But here I don't think that we're getting in regards to the time being, bitcoin is highly an riskful asset in terms of security. If it gets hacked, it's lost forever, none can do anything until and unless the hacker himself sends it back. So no such issues happen often, but we need to give more concern to security.
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Maybe once China has a high amount of bitcoin. So, when China banning, the price of bitcoin on market instantly plummeted. But in my opinion, this is just a form of China's economic maneuver in cryptoworld.
Its not may be once, in reality even now China holds the majority of bitcoin circulation even after few countries making it an legal payment. Moreover the entire cryptocurrency network getting dump in regards to the changes happening with China is an proof that till days they have major control over bitcoin.
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Well I don't think bitcoin will dip to that price and even it doesn't face any further difficulties but now it is the right time for the bitcoin investment as I strongly feel the price will soon rise...
Yes, bitcoin will never drop down to that low value in a short time period. Price fluctuations were found commonly with each and every digital currency. At times the fluctuations happen in large scale during which users get panic and tend to sell. The same time were used as an opportunity to buy to profit by the large volume holders of digital assets.
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Well, if you bought bitcoin while it's in a higher value it wouldn't be a good idea to sell don't lose hope dude the price drop is not going to be a long-term situation of bitcoin, I think you should buy more while it is on a lower level and keep on holding it until it's back at $4000 level depending on your target value .
It has to considered as an buy time because the price decline took place to a large scale which happened in unexpected time. Now the recovery phase has begun, so surely growth continues for a longer time period. It's better to make some profit rather than missing the chance and feeling bad when it grows very big.
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Bitcoin is full of risks involved, starting from the virtual presence without a physical state to the risk of hacking. When a central controlled investment scheme goes as a scam, the people complain and the government take necessary action. With bitcoin lost is lost forever one can't raise it as an issue anywhere else. This makes governments stay away from bitcoin.
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In last 4 hours, BTC price has rising twice(green candles appear two times), and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave. Now is the best time to buy.
What do you think?
The storm has ended but I do not think we are headed for a new spring, I think we are going to see similar prices for a lot of time since I do not think there is much energy left in the bulls to make the price go higher once again especially now that we got a lot of profits. That's a real fact, but in reality with bitcoin things happen unexpected most of the time. When the price pumped towards $2500, it was termed as a price wave and later when the price grew along with other alts it's stated as a natural pumping. The alts pumping were mentioned as temporary price growth, which has been overcome when days passed.
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I also have a dream for my bitcoins. Firstly i want to earn 20 bitcoins and i want to see my wallet full of 20 bitcoins. Time to time i have sold my bitcoins even i had 10 bitcoins but now only few bitcoins left in my wallets. So i have great desire to see more than 10 bitcoins in my wallets. Also my dream to make a new house with my bitcoins. But it take some time, but i am sure the day will come when i will see my dream come true.
With 20bitcoins in the wallet, one can easily make a perfect living in a third world country. With such an amount it's possible to make a small house and meet his life requirements for certain time period in a much sophisticated manner. Over the years the increased price will help make more useful.
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Bitcoin price after every drop pumps, we the users need to believe in it. The better we believe and understand is the one that provide users with the profit. Same according to the reality the price has begun to rise after the fall that happened recently Dur to the ban on China and soon after that it has started to grow higher once it got rectified.
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China's status at present is high, with the growth in the world economy as well in the digital currency market. FUD is spread around, not only during crisis or issues, but it prevails throughout even when the price keeps on pumping. China at present gave a confirmation that digital community has dependence on China's market.
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This is most likely to happen china is the backbone of btc in terms of mining we will face many issues if they ban mining but over the months everything will settle we have already seen russia investing in btc mining they also claimed that they will have more mining power than china , even japan is been showing interests in mining the only thing that would happen is high fees again and really slow speed of transactions.
Not only in terms of mining, but even in terms of user base and other means of acceptance China plays a bigger role. As mentioned banning creates a big market collapse, and in future situations will change. The reason is that more a deal more countries as a whole gets into bitcoin usage.
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