I don't really think that it is related with the price of BTC, it will be on the standard level, the solution here is another fork which we should wait and trust the developers that they can fix this issue. Though, honestly the confirmation also takes a lot of time, waiting is too long but it's okay, i know this kind of issue will be solved.
No we do not need another fork, we need the solution of the devs to be fully implemented and that is not going to happen until next year, the only thing we can do now is to wait and see if the lightning network works, I have no doubt it will, but we will have to see it with our own eyes to finally settle that issue. I hope this one will be implemented soon, good thing bitcoin's price is going higher and the cost of the fees is being compensated by the increase of the price in fiat but once the lightning network is implemented it will surely entice more people to invest into bitcoin. |
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Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
By the time the last bitcoin is produced, so many forks will appear, that most people will stop understand what bitcoin is. 21 million BTCs X N will be enoughWhat is the relation of forked coins to his question? Forked coins is not bitcoin and will never be. Bitcoin's supply is fixed to 21M and no one can add even a single piece of it to the blockchain. Thatis the big advantage of bitcoin to the fiat currency and even trading stocks because once the demand goes high it's price will go up with it. |
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Jamie Dimon already did his part for the crypto currency, his statement last October affected bitcoin's price positively and Bitcoin just proved that it can overcome those kind of FUDs. We should thank Jamie for that, he brought a lot of investors to the crypto currency world.
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So... when to buy Bitcoin? Now.. as it's about to hit $13,000, or wait for a slump?
Anytime is a good time to buy as long as you are going to hodl your coin. The price of the coin will definitely go up the next months and it is better if you are going to invest on it while the price is still "low". Better decide now or regret it at the end. |
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Bitcoin has just reached the $13k mark. What do you think will be the price of Bitcoin end of this month?
Why do people keep on asking "what's next" whenever bitcoin hit a certain amount? You must know the answer price will continually grow because of the latest development on bitcoin's market. Just keep on hodling your coin and you will be rewarded in the long run. |
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It is indeed the best Christmas gift. Can't wait for the price to go higher before the Christmas day and it will definitely be a MERRY Christmas.
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Hello,
Please share your experience in bitcoin base investment websites which they promise you high profits in short time. I will share mine too.
thanks
Always remember that no one will give you free meal, if someone or even a website is promising you a high return for an investment you need to think twice it might have a bad intention to you. Because of the rapid increase in BTC price everyday people tend to grab those offers for a faster way to have a coin and scammers always take advantage of it. |
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I don't think that China will still affect the market. They've been out for more than 2 months now and even if they go back to the market with their mined coins the price of the coin will not totally crash. Some of their mining farms had already migrated to another territory which means that it is already included on the exchanges. And how sure are we that they are only mining bitcoins? China is a big fan of forked coins right?
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Whats the deal with Bitcoin and paying tax? How does it work?
Same rule on how your government is taxing your trading stocks investments. Taxes will be applied once you converted it into your fiat currency. I just don't know how exactly are they going to compute your exact earnings if they don't know how much you spent to get that coin. |
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At current price I think mining is a more intelligent way to have your own bitcoin. If you are going to buy bitcoin for $10,000 and keeps it until the price goes up then your bitcoin will not multiply. When you invest $10,000 in mining equipment and start mining then your investment for a one bitcoin will definitely grow since mining will give you rewards in BTC.
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Another attempt from those people who wants to gain from nothing. This will definitely become a useless coin after the fork, people already experienced the worst when the price of BCH was pumped by several supporters and most people lost money from it.
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Imagine that a 16 years old boy wants to invest $3,000 in BTC.
He is under 18 so he can't do it, but his father creates a trading account and let's the teenager invest as if he (the kid) was him (the father).
Two years lates, the kid is now 18 years old. But legally he owns $0 worth of bitcoin and his father owns $200,000 (price has gone up, etc)
What can they do to give the $200,000 worth of bitcoin to the teenager without paying taxes?
It will depend on the country where that boy is. And besides bitcoin is anonymous I don't think we need to give explanation to authorities where your bitcoin came from they even don't have a way on how to track it. You can just tell them that you mined it 2 years ago, will they be able to check it? |
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When joining a mining pool how are they computing your part of the pie? I am seeing pools with as high as 1.0 EH. If I will join a pool with only 1 antminer S9 will I still be able to get something from that pool or there is a minimum number of ASIC miner before they will accept you? Which is better joining a mining pool or using nicehash.com? Need some advices.  |
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Hi,
Is there any indicators or ways to identify the end of rally of a particular coin? Can I get a early indication by looking at the market section in coinmarketcap.com or any other ways? How do we early exit with profit?
thanks
It is really hard to identify if it is already the end for a coin, but there are coins that has a specific purpose and you can check the status of their project if it is nearing success then the coin will have a chance to be more expensive. Gaining a profit in crypto currency is quite easy to achieve the only factor that you need to consider is your personal greed. How close to reality are you setting your price goal? How much are you going to sell your coins and how much profit is enough? |
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CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
You panicked selling your holding? That means that you are not affected by the recovery of the price again right? I don't think that Lloyd Blankfein's statement has something to do with the dump on prices. Dimon's statement was even scratched off the record who is more reliable than the two? Bitcoin's price is falling because of people like you who sell their coins whenever a correction is happening. If you people just trusted bitcoin more we should be stable at $11,000 level by now. |
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There are getting dump because of the comments by the CEO of USA Investment bank that "bitcoin is a vehicles to create fraud" and many newbie's traders that hear that comments or read it on social media are dumping the coins since morning. We should be using to this type of attention seekers and FUD creators which major objective is to drop bitcoin or others coin price in other to buy cheap.
I don't think that this is because of a FUD, it is normal that the price will fluctuate at this point, most investors set their threshold at $10,000 and new investors will most likely buy the coin when the price goes below $10,000. We might experience this fluctuation until the next weeks before it stabilize at that level. |
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Hello Aventhe,
Thank you very much for accepting me.
Do we need to reach the minimum post requirement before Friday to be eligible to get payment?
I am asking because we just got about 2 days to reach the minimum requirement (25 posts).
Do you thought any specific rules for the current week?
read OP and you will know the answer. |
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bitcoin is a pretty big bubble for its kind, and if this bubble continues to grow endlessly, that bubble might pop one day, affecting all the investors in a devastating manner, so bitcoin is pretty risky but at the same time profitable.
If it is really a bubble, if you invested on it then you should know your limit. Control your greed and you will not loss the battle. But I really can't see that all the people who already invested on it will let it pop. If the price goes down there will be investors that will buy at low price that will bring the price up again. |
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Bitcoin surpasses the extreme high record of crossing $10000
Even more at the moment. Don't you think it's too much? Why is it growing so fast? I have my own ideas, but what is your opinion? I think now many new investors, not gamblers started investing in bitcoins and that's why prices are going high and high. yes but from 700 to 10000$ for one year? This only shows that the market is not effective at all, and those who know how to play with an asset price, they do it right now. If you know the law of supply and demand you should know that it is just starting. It only means that the demand for the coin is really getting high. Bitcoin's popularity is growing everyday. Even the promotion of new ICOs is helping bitcoin to be more popular. |
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