Bitcoins biggest enemy isn't the banks IMO. Its governments and corporations wanting to control the Internet. Bitcoin doesn't threat the elite as much as an open internet does. On the internet you can discuss and do anything you want, you can even make anonymous untracable transactions with the help of cryptocurrency. Making sure the internet is no longer as open as it is today by inflicting surveillance and censorship would probably spell the end of Blockchain technology. Maybe the tech will live on, but the whole purpose of Blockchain and Bitcoin is to give more freedom and power to the people, if that was to be controlled and centralized alot of people would give up on the tech and move on to something new
Well, the Internet is a big threat to those in power, that is why you see countries like Venezuela forcing censorship in facebook and similar websites, a government only cares about maintaining its own power and anything that threatens that is treated as something highly illegal, but Venezuelan people just want to get out of the difficult economic situation they are facing and that is impossible to resolve if the same people remain in power. |
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I like the video but I think you need to combine a few other aspects perhaps as an overlay. Obviously this China rumor that turned out to be absolutely nothing you had a great deal to do with the price changes over the past week. The same thing of months ago with the fork. There is always some outside rumor or some outside source that making a change and it might just be that this is coinciding with the $3,000 mark.
The difference is that the rumor that China was going to ban bitcoin was just that a rumor, but the forks are not rumors, a fork did indeed happen in August and now it seems another fork is coming in November and if that happens we will have another coin competing against bitcoin and its supremacy and that will make the price drop in the short and the long term. |
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Ideally, you will never exit. Crypto will gain more and more mainstream adoption and the process of converting back to fiat will be useless. If you believe coins are going to catch on as legitimate payment systems and power the 21st century economy, you should never exit and only continue to accumulate.
You do not have to exit completely, you can cash out enough to recover the money that you invested in the first place, that way if everything fails you do not lose a single cent, in the other hand you could withdraw enough to buy something that can change your life like a house or property that way you will get something out of crypto and your time invested on it is not going to be wasted. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
If bitcoin was advertise in T.V I think it has a big impact in bitcoin community. In addition to that, I think some channel already start to advertise bitcoin and I think because of that it will become more popular and famous. Lastly, I hope it will advertise in all T.V channels in the world. Actually no need for advertising since it will be automatically have an exposure on global news. Bitcoin price will be the key for it and we have seen it many times especially when bitcoin is having a pump. No way it can be missed out on the news because it's part of global economics. There are many companies that do not pay for ads and instead use creative marketing to expose their products, bitcoin needs to do the same, as long as bitcoin exists and it keeps growing in price television networks will have to begin to give space to bitcoin in the economic news since people will begin to get an interest on it and that will give them ratings too so it is a win win. |
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it is very possible, one of the ways that often a hacker is there by sending a phishing link to us. so we should be more be careful of unclear links.
Phishing links are everywhere especially if it is a site you need to login to access an online wallet or something similar, that is why it is important to have the bookmark ready, that way you will not be deceived into clicking a phishing link or you could type the URL yourself, but you need to be careful, since some hackers create websites with a similar URL with typos to get the passwords and keys of people. |
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I was pretty amazed lately in the amount of people in my workplace that is eager to learn and somehow some of them are already involved in bitcoins. When I asked them about their thoughts on bitcoins I was surprised that some of them are now even have miners and some wants to buy or invest. I guess bitcoins really getting popular now since it's value increased. Note I'm a teacher and I find it very unusual since most of my colleagues are old.  They are probably invested in bitcoins because they are seeing the same as us, the opportunity of a lifetime, I do not know anything about stocks or real estate so I will not be able to take advantage of any opportunity that pop ups there, but I do have some knowledge about technology and I immediately saw the potential in bitcoin and that is why I’m here. |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. I think also betting sytem like in dice game has limited of maximum of sometimes 0.1 maximum bets to 1 btc so unlimited will never recover your loses you will just losing all of your money and bitcoin for nothing using martingale and gambling is just for lucky person if you are not lucky you will not make any profit.. So better to gamble that you can afford to lose play for entertainment or fun not for making dream and make a large profit in gambling.. You're right. It only makes things more interesting. Instead of betting the same amount all the time you're varying bets based on the outcome of the previous rolls, but in reality your chances remain the same. Martingale gives players fake hope. Martingale will always be anticipated by every single casino. You might win in the first or second rolls , but keep getting losing streaks in the end. Don't ever try martingle , you will have a lot of regret , that is what people have experienced , and i just told you guys , it is the most attractive and dangerous strategy. Casinos are prepared to face martingale, the most important protection they put in their games against such a strategy is the bet limit, that way no matter how low your bet is at some point you are going to hit that limit and your martingale strategy is going to fail, besides the martingale strategy requires a huge bankroll something that most players do not have, so it is important to forget about such a flawed strategy. |
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It most likely will, when tho - we can't know. Would be cool to see it there tho.
Come back to real world. Eth is never ever going to touch this figure; this coin does not have potential of jumping high to 1k dollars. Four figure digits are not created for eth; it is only the potential of bitcoins that it easily touches such numbers. I am not in favor of expecting this much from eth. There are some predictions that say that the market cap of all the cryptos is going to grow to 2 trillion dollars in the next 10 or 15 years if that is true that is more than 10 times the current market cap for all cryptos so if that prediction is correct then there is a chance ETH is able to touch that price in the future but since ETH is going to change from PoW to PoS then we do not know what it may happen in the future of ETH. |
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Do you think that BTC can price $10,000 in 2018?
It can be possible though I now prefer to think that Bitcoin may have a hard time to catch up with that projection if China will keep on issuing bad news for cryptocurrency. The market is putting more importance on China right now but I hope that by next year we can have other more important countries opening up their door for Bitcoin so we can slowly get away from the influence of China. It is also my dream that soon Bitcoin can be hovering over the $10K level but things are not happening according to plans so we have no choice but to settle with what the market is dictating at the moment and in months to come. Yeah, bitcoin does not have the impetus to reach those prices if things keep going in the current direction in which only bad news are coming from China and if we add the fork in November then reaching those prices is going to be almost impossible so I think we are not going to see another all time high in a lot of time, this year was mostly bullish so I think we are going to see the bears showing up in the next year. |
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Even if the Chinese completely abandoned cryptos, the market would recover and carry on upward.
If they abandone cryptos, Russia will be the new China, V.P. loves cryptocurrencies. Chinese should buy and hold before the bad news they just cashed out their entire bitcoin and it's good, atleast china have no major control over the market and hardly manipulate it again. thanksfully to the fud that cause this outcome. it's time for another big countries to take over the position of china, expecting big win at the end. I do not think that is what it happened, with the increment in regulations in China there is no doubt that this will cause some people to let go of their bitcoin, but some people will keep holding their bitcoin no matter what, but the influence of China is slowly diminishing and with the recent adoption of Japan I will not be surprised if Japan became the most dominant country in bitcoin in the next 5 years. |
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Bitcoin prices will continue to rise and expensive, this is because users are increasing while bitcoin stock is very limited. market law is certainly applicable when high demand prices will be high.
Bitcoin prices are almost guaranteed to go up on the long term, we know that the supply is going to be very limited and as time passes the rate of emission of bitcoin is getting lower and when you add that the demand is going to go up thanks to the increased usefulness of bitcoin thanks to segwit and the lightning network then you have the perfect storm in which the price of bitcoin will become almost unstoppable. |
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So, now that governments are starting to pay attention to ICO and even Exchanges, it makes the thought of a DEX all the more appealing.
It can't be shut down. We really need the waves team to move past the Alpha stage of the programme and see what the updated exchange can do - If it has ERC20 tokens added, it will be amazing.
The price of waves would also shoot up which is an added bonus for those of us who have held long term.
Decentralized exchanges are more needed than ever and waves seems like one of the best choices, the development team does not stop adding new features, if the exchanges as good as all the other centralized exchanges then I think it is very likely that waves could capture a good deal of the market and if they do that, the coin will go up in price very sharply, so waves seems like a good buy at the moment. |
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if you want such a return you will have to look for coins not on the top 100, maybe not even on the top 200x.. to get a 1k % return you'll need to join some ICO's
Exactly. The question is which ICO to choose or which coin will have such a value increase and why Some coins can pump up to 10 times even if the project does not seem very promising thanks to pump groups but if you want to find projects that can go up so much then you need to find projects that are serious, that have good developers, that have a strong community, and that have a real use case, if a project has all of that then the chance it goes up 100 times is higher than if it did not had those characteristics. |
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Well, if only you have the courage to try and try until you earn so much in bitcoin world. I think it is not impossible to be a millionaire but if and only if it is accompainied by so much effort in investing, joining signature campaigns and other profit related things
This topic, motivate us to work hard for bitcoin or buying bitcoin and I hope we could be a millionaire someday in the future. I tell you all of those who are just new here to not feel regret. that’s why you haven't started work before. Just do the things in which you are perfect and start earning bitcoin through joining a campaign, if you have some savings then what you are waiting for? Invest it in bitcoin. You don’t mind someday you will become a real millionaire. Indeed! Bitcoin is the name of motivation! Bitcoin has a lot of opportunities and you need to grab these opportunities so tight not to lose it. A lot of people sell their bitcoin at the time of pump to get rich in short time but according to me you should wait till the price of the bitcoin will be high enough to make you rich so I hold my bitcoin and I am investing in bitcoin and I will hold my bitcoin till the price of the bitcoin will be high more than today. Bitcoin give to us great opportunities but people are the ones that do not take advantage of them, just look at the past days people were complaining about the high price of bitcoin and that they wanted the price to get lower to buy, well they got their chance, and there is many people that sold in panic instead of buying at those prices, now they got no bitcoin and sold for a loss, those that believed in bitcoin and bought are making profits already. |
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Hahaha, yes now it rising up and up.
What I've done - just hold bitcoin and that's it.
This is rollercoaster!
I do not know why people keep falling for this, if the price goes down that is not the moment to sell, you are going to lose money, that is the moment to hold and if you have some spare cash in hand then you buy, if you sell at a bad price then when the price goes back to normal then you will have to face the difficult choice of buying at an higher price or hope that bitcoin goes that low again. |
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China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.
In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.
So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.
Bitcoin can survive without China, but it is obvious that a shock is going to happen if the Chinese get completely out of bitcoin, however after some time bitcoin is going to go back to normality, I do not think that bitcoin viability is going to be at risk let alone its survival, so if they want to get out, let them since there are many people in the world that are willing to buy their bitcoins and create their own mining farms. |
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Any predictions on the price? will 60 000 Arks will be worth 1 million in the future?
I do not think so, ark went from 3 cents to 3 dollars that is a 100 pump in price, if you wanted to be a millionaire with ark you needed to invest at the beginning and you will need 333k arks to be a millionaire today, I think you missed the chance with ark, look for another coin that is at the beginning stages and that you think is worth holding for years. I bought in the beginning, just not 60k ark + my question is will 60k ark will be worth 1 million in the future Well, Ark is holding on its own despite the crash in the market but even then you will need the price to go a little bit more than 4 times its current price, now if you are planning holding long term then that is a possibility since the market of crypto could go up a lot in the next 10 years but if you want to obtain that profit in this year then I guess that is not going to be possible. |
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I do most of my cryptocurrency work while i am at work. Now most of my coworkers would tend to look what am i doing with my laptop since the can see that i am sometimes looking serious whenever i look into it. They are getting curious everyday especially they can see dollar sign and graphs and a lot of forum talks. Now i explained to this people what i am really doing to my surprise a few days later more of my coworkers would approach me and ask about bitcoin and cryptocurrency. The new of what i am doing spreaded like wildfire. Some say thay they heard about it before but did not pay attention into it. While are there are others that is totally newbie to the world of cryptocurrency too that are also really eager to learn. Im happy since i am now able to share the knowledge i obtained and hopefully they will also succeed if ever they decided to join in cryptocurrency.
It is nice that you got such a nice reaction from your coworkers but be careful some people may decide to use that to try to get you to lose your job, even if you are not doing anything illegal the fact that you are doing this from your job may give grounds to some people to say that you are not really focused in your job, at my job that is completely forbidden so be careful about that. |
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This is a very good idea to advertise bitcoin on TV. Many people do watch TV, a lot more than people that surf the internet each day. I think that there are 3 times as many people that watch TV than people that surfe the internet each day.
What could be wrong in your ideea is that many TV's are still controlled by govs. For bitcoin to grow further it is necessary to be accepted by the govs. In my opinion less than 1-5% on the people in this world can say what a bitcoin is, with the help of TV this percentage would increase to 10-20%. Doing this would be equivalent to a 100 times increase in the price of bitcoin. Let's wait for the TV to be involved in spreading the word about bitcoin.
The amount of time people spend in front of their television sets is diminishing and that is because now computers are taking some of that time, now people spend more time watching netflix and using facebook than the time they are in front of a TV set so I do not think it is going to be a good way to advertise bitcoin at all since that trend is only going to intensify on the next years. |
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These predictions aren't worth much unless they make a disclaimer where they guarantee they're not invested in what they're promoting.
Usually when people make predictions like this, it means they're holding a lot of something. They make public predictions to drive prices higher and make their profits.
This could mean Max Keiser is holding a lot of btc at the moment & he says this hoping people will buy btc to make his profits for him.
I have never seen anything like that, besides a person that is not personally invested in something is probably less incentivized to explore their investment in depth, in fact I think that is a good thing that a person is invested in something when he makes his predictions since it shows that he is not all talk, that he is following his own advice and is prepared to walk the walk. |
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