Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin
Is this the impact of rising bitcoin prices?
Yes it might be possible. The increasing number of new people to the field of cryptocurrency maybe due to the heavy increasing price. Bitcoin is now on the speed of rocket and it will surely touch 10,000$ in maybe some months and then 100,000$ is not too far then. Bitcoin has the immense growth and have attracted many people to this new world. Bitcoin has become the new job for the unemployed and it also attracts many people to leave there job and start there field in bitcoin. If you have proper knowledge, skills, investment then you can surely earn much profits in bitcoin. Those numbers are very far away, bitcoin at the moment is suffering a much needed correction and it seems the price is going to go below 4000 we are not going to reach 10000 in a few months as you speculate and the amount of 100000 which is 25 times the current price is not going to be reached any time soon, I’m enthusiastic about bitcoin but it is completely different to let that blind us to the reality. |
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Healthcare industry have no big projects. Muti-trillion dollar industry is still waiting for big coin. I am specialist in only healthcare project and I find Medcredits. I think Medcredits (MEDX) is best healthcare project. Upcoming ICO. Smart devs are doctors from best medical university in US. They combine blockchain with telemedicine. Very easy to get over billion dollar market cap and this is just beginning. Let us watch and see what happens. Healthcare industry easily will make 1000x profits if good project. www.medcredits.io is website and dev answer all questions on ANN https://bitcointalk.org/index.php?topic=2101348.0All of those coins are trying to do something that is very exotic and that at the end is not going to work, we need to concentrate into something that crypto can perform flawlessly and that they can do better than traditional currencies, I do not think we have any need at the moment for cryptos related to medicine, look at patientory, PTOY pumped and then dumped. |
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I have been hodling mine since I mined them years ago. I almost sold after the segwit induced price spike but have resisted until now. It seems the price has stabilised now for some sideways movement which is good. (possible a $5 correction downwards)
Congratulations to the winners (these that still decided to hodl pre-segwit activation in bitcoin). Honestly I see no reason for LTC to go up anymore, the fundamentals aren't as interesting. I guess lightning networks and atomic cross chain transactions etc could make it relevant again, but im not going to risk BTC holding LTC for the time being. I think there are better bets to make out there. This is what I was saying when LTC was 3$ for such a long time - had I known how much segwit would have benefited the coin...would easily have become a filthy rich animal Hindsight is always 20/20... you have to look at what's happening now and see how it will go into the future. If you want to make more BTC and you don't want to trade against fiat in order to stay within crypto which is reasonable in order to avoid the fiat-taxing mess, you need to look at solid coins with liquidity, and I guess LTC is a decent bet compared to the rest. But the fundamentals are obviously not as attractive anymore in a post-segwit environment. It may pump again when sidechains and LN are a thing. If you think that bitcoin can go up when the lighting network is in full effect then I do not see the point of waiting until that becomes a thing, invest now and then when the rumors that everything is ready begin to come you will be well positioned to take advantage of the news, I can easily see LTC doubling in price after the enthusiasm of the news that the lightning network is finally operational. |
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Do you think that BTC can price $10,000 in 2018?
I'm not too sure that bitcoin prices can be up to 10K USD. Currently the bitcoin price is in the range of 4000 USD. So I expect maybe bitcoin prices will move at rates 5500 USD to 7000 USD. But the price is so much higher than it is today. The most important is the steady increase in the price of bitcoin every year so that we can all enjoy sustainable benefits. If you said this a few months ago I would have agreed but with bitcoin and its incredible bull market I’m starting to believe that 10k before the end of the year of 2018 is completely possible, it is not going to be easy taking into consideration the challenges ahead of us but it is not out of the realm of possibilities, especially if bitcoin closes the year strongly with a price of 6000 dollars or something close to it. I'm not sure either if bitcoins would reach for 10k USD in year 2018 but maybe if there's great adoption and global demands on it well possibly 10k will be reachable on that year. But the thing I am worried about right now is the happening on november since I wonder if that one could affect those price since that date can change the price and maybe this is the right month to buy some bitcoins. I think we are all worried about the possibility of yet another fork, but it seems the first cracks are starting to show, a pool that signed the New York Agreement has pulled out and now is against the fork, this is good news and if many other polls do the same then the fork could not be as big as we thought it could be and that will be great for bitcoin. |
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Wow this is an amazing story! If that happens to me, i would stop using bitcoin and just withdraw to fiat... Just build some flats or houses, rent them and you are finished, you can make your retirement instantly.
Such a bad luck.. I had a story like that a few years ago.. but obviously not with that amoun, i had 1 btc that i bought at $300 each, and i sold it at $330, i was so stupid i think.
My heart ached after reading your comment honestly. You spend 300 dollars to buy a bitcoins and then sold for 330 dollars. Apparently, you were not in a need of money. It looks like you didn't consider bitcoins worthy to hold. It’s useless to cry over spilt milk. You still have the chance to earn bitcoins. You are still on time, but bitcoin now is close to the 5000 and it shows not a single sign that is going to stop, so the most important thing is to hold your bitcoin and do not let go no matter what happens, and do everything in your power to raise even more bitcoin, earning a bitcoin was already hard enough with a price of 500 dollars and now bitcoin is ten times above that, so it is ten times harder to get a single bitcoin. You are absolutely right my friend but this guy here deserves sympathy, don't you think so? He underestimated bitcoins and now he wants his BTCs back, poor lad. He would have been able to do a lot with those sold out bitcoins but now he can only regret. He has my sympathy but at the same time we cannot cling to the past, I have my own share of regrets as well and I think any person that invest in crypto has his own story about a coin they were watching and decided to not invest and now they regret it, what we need to do is to find new opportunities to earn bitcoin and the sooner we forget about the past the sooner we can work for our future. |
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It depends on your bet amount you told you will start from 1 satoshi then 0.1 bitcoin would be sufficient you surely need to set a stop profit amount if you don't do that you will make nice profit but just one lost roll can ruin everything don't be greedy with this strategy and don't forget to set a stop profit
I think for martingale method you must have an unlimited bankroll to make sure you will win always otherwise no way you can win money from this method. You don't know when your losing streak will start in this method and eat away you 0.1 bankroll. Dice game is only good for fun not for making money and no methods will work in this game. Correct dice is not a game that you can beat with skill or anything like that, the only way I can think you could beat it is if you found a bug in the code or something that allowed you to know beforehand what number is going to be the next but the chances of finding something like that are very low since you will need a great deal of knowledge about computers and that a particular dice game was poorly coded. |
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if someone has 100 BTC, he is a billionaire. so if someone currently has a lot of bitcoin, then he will be called a rich man, and he will thank to bitcoin.
Someone holding 100 BTC is not even a millionaire right now, but it is well on his way to get to that, probably the only person that is a billionaire is satoshi and the irony is that he cannot access any of those coins because if he does then everyone will try to track him and also that could undermine the confidence on bitcoin because that could be interpreted as a lack if trust in bitcoin coming from the founder. |
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Greetings; how would one gauge the likelihood or probability that BTC will see a correction at a certain price? my concern is that if many people believe it could happen that would influence it happening.
Every time you see round numbers, those number are going to become a barrier, the barrier is mostly psychological, since people prefer to use round numbers when making calculations because it is easier, so when bitcoin touches a number like 5000 many people create sell orders, suddenly there are many sell orders and the supply is bigger than the demand and that makes the price to go down. |
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I think if you want hold cryptos for long .. i choice bch and eth because bch is the new coin result from segwit so i think bch will be follow btc i see more positive news about that coin .. and for eth why i choice it . Because have a good system and that system use to many more coin ico .. and more positvive news about eth ..
Personally I would not hold BCH for the long term, at this moment it seems to be doing fine, but at the first sight that the profitability for the miners is going down then they are going to drop the coins and if that happens then you are going to lose all your investment since everyone will want to get out of BCH and it will be too late, if you want to hold for the long term BTC, LTC and ETH are the best options. |
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Sonm is below $0.07 and this drives me crazy since I've invested this in early phase of the ico. If I didn't invest there, I could have bought two times more sonm coins than I have.
The team should work to get this coin on a better secondary market.
So what price did you pay at the ICO? $0.14? Because if that is the case according to the graph at coinmarketcap.com you had the chance to sell for a profit, since you did not then you are stuck holding your coins for a long time, if SONM can get their act together I could see it going up in price once again but the only thing you can do at the moment is to hold. |
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Very bad idea with a "civil war" ongoing.
I think so.. It would be better to discover by ourselves rather than advertising in television. I am not against the idea of advertising bitcoins. We do not really know what the future will bring to us. I like to take things in positive way but that does not mean I cannot see the dark side. It is a trend, if you are famous, you will have supporters and haters both. Same is the case with BTCs. advertising it on television will increase its users tremendously. I do not think that advertising bitcoin on TV is going to bring a lot of users in my opinion bitcoin has as many users as it can, we did not needed to have a campaign on TV promoting bitcoin, in fact I will dare to guess that most people in the forum learned about bitcoin on their own and that no one taught them anything about bitcoin, so I think that advertising bitcoin in TV is useless. |
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Yes they can, Hackers have all the tools to exploit all of your information. On my opinion hackers are the most powerful in terms of digital or technology matter.
Hackers have great knowledge to exploit the vulnerabilities of a system, but you can take some easy safety measures that can protect you from most attacks, get control of your private keys by installing your own wallet, verify the download, install the wallet in a safe environment, a Linux distribution is ideal and finally keep that computer offline, if you want you could also encrypt your hard drive. |
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I've been talking about Bitcoin to family, friends and random people for years and nobody seemed to mind when BTC was under $1000. But now that Bitcoin has reached $2000, people are starting to realize that owning 1 BTC is beginning to be out of reach for the average person.
I've had more people ask me about Bitcoin lately and wanted help buying Bitcoins. What about you?
I've told my friends about bitcoins but seems that they do not believe what i said. After a couple of days one of them asked me about it then all of them got interested in it. Sometimes it is a mistake to give too much information or your listeners are going to suffer from information overload, so it is better to explain the basics first and then when they show some interest on bitcoin you can go into deeper topics, that way they get progressively interested until they take the decision to finally enter the market and make an investment. |
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Monero of course will rise 100x-1000x. A mass used cryptocurrency should and must first of all be anonymous. Otherwise it is a state, corporate or small group of people scam or market/people control technique.
It would surpass BTC if so, I doubt it True, monero is a solid coin and it is a good investment for anyone interested in crypto but monero has some issues the most important is that it does not scale, if you think bitcoin has scaling problems then monero makes bitcoin look like a spaceship against a car, monero is a niche coin only for those that their primary focus is on anonymity. But if you want true scaling then you would have to go for an offchain layer. Blockchains simply do not scale. I think I heard Fluffypony say in one of the Bitcoin conferences that it's in their plans to have an offchain layer for Monero. It does not surprise me, that was basically the decision it was taken on bitcoin with segwit and with the lightning network so I think it is only natural that monero follows the same path, however it seems weird to me, I understand why a coin like bitcoin needs to scale since we are trying to get a good portion of the population using bitcoin, but monero is always going to be a niche coin. |
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Do you believe the FBI holds the biggest number of bitcoin? How would we know? How certain are they? We can't tell because nobody/no one would say how many bitcoins he/she has on his/her hands  I do believe that government do really have some decent amounts of Bitcoin on their hands.Remembering on the site that they have seized back in the past on which they do have confiscated or make hold of those bitcoins and im sure until now they do have the power or the holdings of those coins. Government wont just be blind on bitcoins progress and they would definitely go with the flow as long theres money involved on it. Governments are not innovators they only redistribute the money, so they charge taxes and then they pay someone to do something for them, that is they way it works, If bitcoin begins to challenge their power I think they are going to take the easiest approach they are going to join the crypto market and each one of the governments of the world are going to issue their own crypto. Things are getting worst than worse with government and bitcoins. If anything like that happens, we will again get stuck in the same place where we are right now. They will be controlling our money, we will have to pay taxes, everything will remain the same except the fact that then it will be just in digital form. Kill me before that day, please! The fact that the possibility exists that that governments may issue they own crypto does not mean that you are going to be forced to use it, investors will see the advantages of having a crypto like bitcoin that cannot be inflated to oblivion and that is decentralized, so while a government issued crypto will slow adoption it will not stop it completely. |
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I have been hodling mine since I mined them years ago. I almost sold after the segwit induced price spike but have resisted until now. It seems the price has stabilised now for some sideways movement which is good. (possible a $5 correction downwards)
Congratulations to the winners (these that still decided to hodl pre-segwit activation in bitcoin). Honestly I see no reason for LTC to go up anymore, the fundamentals aren't as interesting. I guess lightning networks and atomic cross chain transactions etc could make it relevant again, but im not going to risk BTC holding LTC for the time being. I think there are better bets to make out there. This is what I was saying when LTC was 3$ for such a long time - had I known how much segwit would have benefited the coin...would easily have become a filthy rich animal We all have some regrets when it comes to investing, LTC is now trading above 80 dollars but there is no point in regretting that, the best thing we can do is to concentrate our efforts in order to find the next coin with great potential, it is not easy but the good thing is that you only need to be right once and if you are then you are going to forget about your past mistakes. |
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for me it will get even higher than that, if i had hot to buy btc i would but i'm only 17 and i don't have any kind of money to buy even the smallest fraction of bitcoins but even if you don't hit the 5K it will surely rise
Age is not really an excuse, we have seen the story of a 12 year old that invested his birthday gift in bitcoin and after six years he turned that in a million, if you really think the market of cryptocurrencies is going to be the next big thing then you need to spend every single minute you can in order to get a piece of that, even if you do not get much out of it, getting some benefits is way better than to get nothing. Well that's an awesome idea of that 12 year old buddy whose mindset is profit, but for now's generation I don't think younger people could think that much further because lifestyle nowadays was really up into expenditures like gadgets or strolling to somewhere. With that kids profitable idea older people can make that as an inspiration for their future investment strategy, so they can apply the key on how to grow their profit as well. That's an amazing thing towards not spending a gift money then holding it into bitcoin currency, patiently waiting until such time asset grows eventually and now if you have that amount stagnant without any economic circulation, well you can buy bitcoin while it's it's not too late that bitcoin price of $5000 still going to be reached in sooner time. But that is even better if the people living today cannot think of the future and only care about right now this is good for us, since that means that a bigger share of the cake is going to be available for those that are able to think ahead and look at bitcoin as the chance they have been waiting, so your age does not matter, get into bitcoin now and change your life on the next 10 years. |
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Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin
Is this the impact of rising bitcoin prices?
Most people only see money and not potential. That is why they close their minds to uncommon things which lead to them having regrets. Good for them. Well, it is possible that a lot are quitting jobs and prefer to focus on bitcoining. Because they see the potential of bitcoin. The thought of being rich without doing so much work or having a boss is a pretty good dream and can obviously get someone on a high and addicted to the thought. While i agree that this is possible, I do not think it is a smart thing to quit your job so you can focus on bitcoining. Bitcoin itself is not a sure thing. Anything can happen in the world of crypto. A better thing to do is choose both and have time management. So that if one fails, you still have the other. FYI! It is not forbidden nor illegal to choose both! Don't be stupid. This, it is a mistake to leverage your bets, bitcoin is great and I believe in it, but there is still a chance that it does not work and if you invested everything in bitcoin then you are going to lose everything too, not only your money but the time and energy that you invested on it, so be smart and get a job and if you already got one then do not drop it because of bitcoin. |
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Are there multiple sizes of blocks that can be used, but limited to a couple of static sizes or is there simply a minimum and maximum size for the block and it behaves in it elastic sense. 8MB block is Hugh when you compare it with just a 2MB Block which BTC will get after the actual implementation of Swegit.
Both BTC and BCC will create a healthy competition which will eventually benefit the end users of digital currency.
I agree, i hope it becomes a reality. BTC and BCC parallel markets. What will happen if they hit parity in price? While the chances of hitting parity are very low if not zero nothing will happen if that is the case, that would mean that bitcoin cash and bitcoin will be easily interchanged however since bitcoin at the moment is about 8 times more valuable, then that will mean that BHC has grown a lot and probably took market cap from bitcoin so I think we could make the conclusion that in that scenario BCH will look a lot more stronger than BTC. |
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Do you think that BTC can price $10,000 in 2018?
I'm not too sure that bitcoin prices can be up to 10K USD. Currently the bitcoin price is in the range of 4000 USD. So I expect maybe bitcoin prices will move at rates 5500 USD to 7000 USD. But the price is so much higher than it is today. The most important is the steady increase in the price of bitcoin every year so that we can all enjoy sustainable benefits. If you said this a few months ago I would have agreed but with bitcoin and its incredible bull market I’m starting to believe that 10k before the end of the year of 2018 is completely possible, it is not going to be easy taking into consideration the challenges ahead of us but it is not out of the realm of possibilities, especially if bitcoin closes the year strongly with a price of 6000 dollars or something close to it. |
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