There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?
We definitely don't need that many altcoins! But we need other altcoins. For example, you can choose Ethereum. How do we participate in ICO and bounty without it? Not without him, not now... Even if Ethereum is about to be replaced, we need an analogue. You can also give an example of RIPPLE. This coin is also actively used in some areas.
|
|
|
Hello guys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) i am one of the bitcoin oldie lover, i had 76 btc, but lost much of them left with like 6 due to alt coin loses, market is dumping like crazy, what would be the suggestion and recommendation? HODL has made me alot of losses, i am not sure how bitcoin will survive without altcoins, but i would love to see you opinion and as per me , altcoins will recover soon what abt you? Do you think that bitcoin will not survive without alithinou? I think differently. A few other coins are enough. For example Ethereum, NEO, EOS. What's the situation now? We have bitcoin (it's cool!) and there are a lot of altcoins (it is unclear what and why). So I'm not worried about Bitcoin..
|
|
|
Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up. If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
First, we keep Bitcoin to make money in dollars. Secondly, Yes it is long, but reliable at 100 percent. If you want to get 10-20x - buy altcoins! But 90 percent of what you can't tell and you lose all the money.
|
|
|
Can't imagine that the state has used some kind of cryptocurrency. The word "state" cannot stand next to the word "decentralization". After all, the state has full control over money. People pay income taxes and social benefits. I hope that cryptocurrency and taxes will not be linked..
|
|
|
In fact, everyone understands that bitcoin does not pretend to replace Fiat. And even more so it is not bitcoin. He's too valuable for that. One day, another cryptocurrency will suit for everyday payments. But bitcoin will remain a guarantor and a regulator.
|
|
|
What we can expect from BTC around December 2018. There are many predictions, some say it will go around $40,0000, some says it will same around all whole year, and there are other many other different predictions. What’s your saying?
What wonderful predictions! Who just makes them? Theorists and dreamers.. I'm trying to see things for real..It will be a miracle for us if Bitcoin repeats the success of the end of 2017 goal. 20 thousand dollars is fine with me! Forecasts on 30 and 40 thousands of dream seem unlikely..
|
|
|
i was away from internet for 24 hours, BTC price was ~$6.350 today i come back and surprised with new price, it's now $7.400 and appear to be increased. that means $1,000 jump during last day, it's very good step to reach $30 k by the end of the year. i'm very glad that Bitcoin and other currencies are growing again that quickly. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs15.postimg.cc%2F5xih2ntl7%2Fbtcusd.png&t=663&c=fHRfufhKsMRUdw) This is very good news. The main thing is that it was not another correction. If Bitcoin starts to grow - it will inspire many people! Bitcoin shows a growth. But the rest of the currency is also at the bottom..
|
|
|
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin. but this is just my opinion, so if I am wrong I apologize.
Thank You.
You have voiced one of the possible reasons. It is undoubtedly very important. But there is another reason. Cryptocurrencies are decentralized Finance. Accordingly,they are not monitored by the state. Accordingly, the state does not receive taxes.
|
|
|
Switzerland’s stock exchange – owned and managed by SIX – has announced its intention to begin offering crypto-specific markets in the very near future. The new SIX Digital Exchange, SDX for short, is – will be fully regulated by authorities in its native country, and backed by the Swiss National Bank, in the same way as its main exchange.
When you read such news-you want to invest all the money in the crypt. Everyone hopes that this is real news. If there is a precedent, many will change their attitude to cryptocurrencies.
|
|
|
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.
CBOE-the world's top player has applied for an ETF. This company offered the insurance of their ETF for investors. If the SEC approves the bid, it will be a huge breakthrough for the crypt.
|
|
|
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
If your uncle doesn't understand bitcoin and the crypto world, you can't prove anything to him. Most likely it is influenced by the General opinion. Bitcoin is a financial pyramid! It is provided with nothing! etc. But you yourself must understand that the future of the crypt. Now is the time to invest in bitcoins.
|
|
|
I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
I see 3 answers to this question: 1. As you say, these people are too stupid., 2. These people have a great need for money. They have no choice., 3. They have a huge amount of bitcoins. They bought it at ridiculous prices. Now they sell when they need money.
|
|
|
This year doesn't allow me too speak about "how to get some profit", I'm just looking how my money going down and have no idea what to do about that. I'm not a tricky trader or something, just got couple of thousands dollars as a reward for help some good ICO projects. So I don't ask about complicated strategies, my question is more about services allowing to automate "money saving". I would be very gratefull for good suggestions and promise to +Merit them whatever it means ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It seems to me that in such a market it is better to fix all the profits. Too many examples of how the price fell below nowhere.
|
|
|
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation. What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc). This can be very, very profitable for banks if they make correct decisions. P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
This is real! But when that happens, bitcoin will be worth a lot of money. After all, this will mean that Bitcoin will become the official currency. I think that then there will be a million people willing to buy bitcoins.
|
|
|
I am trying to guess what will be the top 3 coins in 2 more year, say on 1st June, 2020.
Probably, BTC may not be the champion anymore but will still stand at runner-up position thanks to its historical role. ETH providing reliable platform for many valuable tokens can overthrow BTC to become the king. One of the coins with 3rd-generation blockchain like ADA or EOS will deserve the 3rd.
Anything can happen, and that's my prediction. What's yours?
It is safe to leave Bitcoin on the 1st place! He's just out of the competition. Another 2 places you can give tokens ERC 20. Ethereum can remain in the lead if the issue of scalability is resolved. EOS is already catching up, and it has a transaction rate hundreds of times higher.
|
|
|
https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe. The fact that many large investors are interested in cryptocurrencies is a fact. Especially interested in Bitcoins. If there is a precedent for the adoption of ETFs, the interest will become even greater. Exchange CBOE already does Shani in this direction.
|
|
|
Rumor has it that the exchange will receive ETF. CBOE - one of the largest organizations. It's a neighbor of the New York stock exchange. If that happens, we are waiting for bitcoin at a price of 50k dollars.
|
|
|
Today was unpleasantly surprised. MyCrypto did not allow to carry out operations from the site. There was a message that you need to download and install the application( for me it is not very convenient..
|
|
|
Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ?? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) In your message, you replied. Perhaps we can draw an analogy with gold? And call Bitcoin digital gold?
|
|
|
As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well); 2) Crypto-enthusiasts are real enthusiasts only when the price goes up; 3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
Of course, the world is not ready to introduce cryptocurrency money into everyday life. But the movement in this direction is already outlined.. In the meantime, we have a great opportunity to invest in projects. And transfer the profit to Fiat, if necessary.
|
|
|
|