Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts  |
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Hi guys and girls, Did anybody thought about making real life BTC?  Real life btc? Like cash, fiat? Actually there are bitcoins which are in paper wallets and stored there. Also there are silver coins that contains bitcoin inside it, you can have a look at the collectibles section. There's a lot of coins out there that are "real life" bitcoin https://bitcointalk.org/index.php?board=217.0Yes i was thinking something like that (making it world wide currency since it is so popular, farm it on internet and cash it out in banks something like that) . My idea was that BTC would be main value and crypto currencies would be like change to it or should i say world wide currency that can be used on whole planet. I care less for BTC Coin. I think BTC in my wallet online is okay for me. Once bitcoin is in a physical form, I'm afraid bitcoin will somehow be compromise. Banks will also try to buy off all the available coins and stop bitcoin from existence. Bitcoin is more secure online, saved via individual wallets where people have total control of their bitcoin. |
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https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities. This just shows that as bitcoin develops both advantages and disadvantages will tag along. One man's tool is another man's weapon. When internet was invented some perverts introduced porn online. And you can't blame the internet for the guys that puts porn online. That is same thing bitcoin, you can't blame bitcoin for some criminals. Bitcoin has more advantages than all of these negative thoughts that you lazy police have. |
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Great news! I'm dreaming to see Bitcoin as payment option for Uber as well About time, all these guys that are not accepting bitcoins now will soon realize that they have made serious mistake for failing to implement bitcoin in their payment method. Bitcoin is going mainstream after all, and those that failed to get involve with bitcoin now they will regret it for the rest of their lives. |
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Bitcoin is both currency and asset at the same time.
You can buy and save bitcoin as an asset. Wait till when the value rises and then sell for profit like gold.
Bitcoin at the other hand is a currency that you can use to buy or sell things online.
So, it depends on what you think of bitcoin whether is an asset or currency.
For me, personally I consider bitcoin as an asset and currency as well.
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hi guys,
What are the prediction of bitcoin price peak at? wondering if holding on or selling them at current price is a good idea.
cheers!
Sorry my friend, but you asking the wrong question here. Nobody knows exactly when bitcoin reaches the peak price. If everyone knows the peak price, then no one will sell until it reaches the peak. If anytime you feel like selling your coin you should do so without hesitation, if you make profit from your investment. For me, I normally sell my coins when they double in price and that is enough for me, and then buy later when the price dips. |
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I know y'all have seen this diagram before, and with BTC just crossing $3,800 as I type, where do you think we are in the bubble?  Aw man so cuz I'm a noob it won't post the image... Oh well. Its basically that "main stages of a bubble" chart. Which crypto most definitely is in. But are we just beginning the true ascent, or have we reached the peak? Thoughts? That image is nice, unlucky you can’t post it. This might not be a bubble at all, especially with the recent drops in value. There was a drop to 2000 a while back before August the first, we then recovered and we rose to 3000, stabilised there and then pushed up to 3.5K. Then we dropped to 3.1K and now with more pumping from miners, we have reached 3.8K. If we are in a bubble though, I would say we are in the media attention phase now, people are getting more and more interested with bitcoin daily and the media is also following suit. Well for me, I think we are still in the awareness stage. There are very few people know about bitcoin still, this world is a big place. We are now still creating awareness to the masses about bitcoin and it advantages. Some people like the idea of bitcoin but they don't really want to get involved because they are old school. It seems like the people of next generation will adopts bitcoin more because they will be born in computer generation (Digital Age). |
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will it drop? or go even higher?
Well, that's not the stopping point for bitcoin. Bitcoin will continue to grow up and down and there is no limit where bitcoin can stop. The more people using bitcoin the more valuable it will become in terms of price and acceptability. |
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Harvard academic and bitcoin investor Dennis Porto believes that, given a few years, it will soar far higher than either of those predictions. In an interview with Business Insider UK, Porto explained that the bitcoin price could reach $100,000 per coin in February 2021 if it follows Moore’s Law, one of the so-called “golden rules of digital technology.” According to Porto, rapidly growing technologies have a doubling time, meaning that their effectiveness doubles within a consistent, repeatable timeframe. Traditionally, Moore’s law has been applied to computing technology, but Porto says that the bitcoin price has thus far followed the trend by more or less doubling every eight months throughout its history. Assuming bitcoin continues to follow this golden rule in the near-term, Porto anticipates the bitcoin price will extend beyond $100,000 by February 2021. Using the current BTC supply for simplicity’s sake, this would give bitcoin a market cap of about $1.65 trillion. Needless to say, a $100,000 bitcoin price would thrill today’s investors, assuming they have the fortitude to resist the temptation to sell them. Source here (the full newsarticle). I am posting a part of this article here because I am sure that many would be excited to hear about this. So there is a basis for the doubling of value for Bitcoin and Mr. Porto refer to it as the Moore's Law. I am sure that many Bitcoin holders would be happy to know that in 2021 the value can be so high. This can embolden people to hold to their coin and to add more Bitcoin to their arsenal. Never give in to the temptation of selling since the present value is just actually the tip of the iceberg Bitcoin may surge high And as high as 100,000 dollars per coin in fact, but that would have nothing to do with Moore's law. The latter is about technology and technological development, and it had solid grounds for its relevance (until recently, at least). If anything, Bitcoin price rise has to do with explosive adoption but the latter is more about medicine and epidemiology since this is how contagious diseases spread out. Anyway, we have already seen Bitcoin price grow 4 times within mere 8 months so Moore's law has already been massively broken Yes, it is possible for bitcoin to reach $100,000 by year 2021... Currently, there are so people following the bitcoin trend and are looking for the chance (capital) to get involve in the bitcoin, which is the latest trend for over 5 years on web. If bitcoin continues to trend like the passed five years then it is possible for bitcoin to be worth $100,000 or even more by 2021. The way bitcoin value was growing recently it is easy for it to reach that level by 2021. |
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Bitcoin has become the world most valuable asset and the value keeps going higher! Why not we should focus on saving more bitcoins than selling our last remaining bitcoins? I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins? The issues is, if you sell all your bitcoins when are you going to buy at lower price??? There's no guarantee when bitcoin price will surely come down...Share your thoughts about what you think guys. There is. Bitcoin's price always dips due to market correction after a price increase. The dip may be small but it's there. It's therefore possible to maximize earnings by selling and buying at exactly the right times, with risks of course. People who only hold have no such risks whatsoever and will have profit in the long run because Bitcoin's price always increases. It's just that the profit of those who make smart trading decisions will be higher than that of holders. Yes, I know sometime there's bitcoin price dip when bitcoin holders panic and start selling their coins, but why not people should choose on saving more bitcoins than selling for like few years to get more profits in the future. I think people will make huge profits if they can hold their bitcoins for long term. |
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If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
That may depends on your needs. If you need money to satisfy your needs then you can sell, if not then I see no reason for selling your bitcoins. It happens to me though, I sold my bitcoins recently and now I want to buy the bitcoins and yet I can't even buy the half of bitcoins that I've sold few months ago. So my advice to you, you should hold on your bitcoins until you have something serious, then you may sell some portion of your bitcoins to satisfy your need. I think that would be better for more profits in the future. |
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Bitcoin has become the world most valuable asset and the value keeps going higher! Why not, we should focus more on saving than selling our last remaining bitcoins? I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins? The issue is if you sell all your bitcoins when are you going to buy at a lower price? There's no guarantee when exactly bitcoin price will surely fall. Share your thoughts about what you think guys. |
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Now, we are heading to the baby! Bitcoin market capitalization is bigger than the market capitalization of PayPal? What a revolution and great development for the masses? The people around the world will soon take control of their assets using bitcoin. Bitcoin is fully decentralized, fast, secure and has low transaction fees compared to PayPal which charges about 2.5% of every transaction. Very soon all these greedy companies like PayPal would fade and run out of the business. |
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The question is simple; Why should people invest in bitcoin?
State your reasons, and advantages of investing in bitcoins today.
I know there are a lot of newcomers that are coming into the bitcoin community every day.
I want us to discuss it here, so that we may help them understand what is bitcoin and how important its to invest in bitcoin.
Share your ideas, and thoughts below.
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The satoshis original idea was for digital currency that is full decentralized, fast, secure with lower transaction fee... For me, i see nothing wrong with what other guys are doing which forking bitcoin or other cryptos. Everybody saw the opportunity in bitcoin and other cryptos, let everybody do what they want because there's enough space of all. Only the future can decide which coin is the best for the masses.
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Bitcoin is a great for side income, this can be a temporary solution to your sister financial situation, but they should looking for a permanent job, we don't know how long Bitcoin can survive and Bitcoin price keep on changing, and the good news is after you got the job you still can earn with Bitcoin as your side income
Bitcoin is a way to get some extra income if you have a serious business, but if you don't have one you may treat bitcoin like a real business because one day it would cover all your bills. A lot of bitcoiners here are starting by promoting signature ad campaign and then later move on to the most profitable side of bitcoin which is buying and selling bitcoin. There are guys that also buy and save bitcoins in form of business and wait for the price to get higher in future and then sell their bitcoins with huge profits, they are called "bitcoin holders". |
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
As I really can't predict the future, I believe that anything can happen within that period, there is a saying that everything thay rises eventually falls, Bitcoin is the major crypto currency at the moment but I believe that as time goes on, another will come which will be more profitable to people and they will flock towards it abandoning bitcoin. Yes, 100 years is a very long time and anything can happen so it hard to predict, but bitcoin is just stating out and the future for bitcoin is looking brighter everyday. There are a lot of other cryptocurrencies out there with different features and advantage compared to bitcoin. Some coins are way better, secure, more affordable and anonymous than bitcoin. Perhaps, in 100 years some coins may surpass bitcoin but not now, because bitcoin is way too high to be beatable by any Altcoin, as bitcoin is the father of the latest technology called blockchain. |
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I don't think bitcoins would make banks disappear completely rather make them less important in the future, because government owned the banks.
Governments made their money through these banks and Government will hold on to them until the end of time. Without banks there will be no "central bank" in any country. Government gave loans to the banks from "Central Bank", so that the banks can give it to the masses with high interest. Banks are government pets, so they're both milking the masses. And also People pay government bills through banks where they'll get teller or receipt as a proof of payment from bank. How do you think this would be implemented with the government, anyway???
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Are you a bitcoin fan? Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis. But how did you first hear about bitcoin? Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time? Share your experience with us. For me, I first came across bitcoin from my mentor's channel on YouTube "Eli The Computer Guy" that happened around January 2013. Later on, I followed the bitcoin trend till June when Silk Road was seized by the FBI... Then, I dropped bitcoin for WordPress CMS, SEO and Social Media marketing, they took me 3 years to master. After that then I came back to bitcoin space once again around September 2016. |
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Well, PayPal failed to comply with the word term "Decentralized" and yet bitcoin is bringing back that to the masses. PayPal tend to control online payments by centralizing everything in one place, thank god that they are getting out of the way soon enough. |
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