As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$
It is best idea to hold your btc. it happens that sometime we see the loss,unfortunately from few days price is falling down. so my advice to you wait for 2-3 weeks don't sell the coin now, infact this is the time to buy after sometime when the price goes high then plan to sell. but for alteast 3 week don't sell your btc in panic. we have seen up and down in btc but after few days the price will again go high. keep the faith in btc. Yeah dont sell right now. give sometime to btc so that the price will again rise. as lot of people who has doubt this time whether to sell or not it is very simple you have to hold the btc now as the price is very low and we all know how the btc works it will be balanced again after some days. try to buy now and sell when the price is high but not a good idea to sell now. |
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if you can't wait, I can sell you some for 2k right now  thats funny. coming to the point, the price might not reach 2000 next month because lot of ups and down in the price from few days. but for sure we will see 2000 within short span of time. what has to be done we need more active users in btc and more number of transaction has to happen. then we will see the price might go beyond 2000 as well. |
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Bitcoin is made for the decentralization and altcoins are just made to make use of the conditions created by bitcoin in the economy.Not even a single altcoin could match bitcoin.Bitcoin's value is based upon the trust kept on it by its users and altcoins are just a pump and dump.Bitcoin is pseudo anonymous and some altcoins like monero,zcash claim that they have full anonymity.Bitcoin adoption is increasing and we cant even find an altcoin which is accepted for any stuff.
Yes, I also think that no alternative coin will be on par with bitcoin. Many people know about bitcoin and trust it. And altcoins are created every day. And die too every day yeah bitcoin is trustworthy. reason why it is much popular because it is very easy to use, it is a best place for investment where you will good value in the return, some of the places btc is accepted for the direct exchange which is a very good sign. reason is simple btc is turstable so lot more new users joining which is making it more powerful than any other coins. |
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I want to join this campaign.
Username : jamieb81
Number of post : 1642
Rank : Sr. Member
Bitcoin Address : 1G2uzjxWy89YcEscg3e73jj6KGjRAPNrS3
Please consider my request and let me know so that i can use your signature and avatar.
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Absolutely I'm not going to sell my coins right now. The price to keep on falling and there's some bull around. Maybe if the price will come back to $1,200 expect me to sell some of my coins. Its better to hope for better but to do panic selling this time, no way.
I don't think you should sell some of your coins at 1200$ but just wait for the year to end bitcoin is surely going to reach new heights for sure. Selling your coins at 1200$ can be a really big regret in future believe me. Yes selling at $1200 might be profitable at this moment for those who bought it for less than $800 but at the same time it will be regrettable in future when the value of bitcoin will be increased as per the predictions (even though it's not true everytime) bitcoins value can go up to $2000 USD by the end of 2019 all we need is patience and not to get panicked by the small fluctuations in the price especially like unexpected price which has happened in last 48 hours. |
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Predictions with bitcoin's next bump is simply impossible. Because very few makes a prediction that's somehow realistic, others just make something similar to dreaming. I believe to experience the next bump we need to hold long as the price haven't got stabilized.
i agree with your statement as no one can do an accurate prediction about bitcoin some does fairly well others just go with the flow and starts predicting what they read on article or just by reading other bitcoin users lines even though we cannot predict any price pump or dump but all we can to rest assured is bitcoin will not crash. |
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Any idea hy bitcoin is dropping so fast? Last night i was expecting it to go back up a little so i could take some money out of it and put it in ETH, but now i'd sell with a significant loss. What made it drop?
No,bitcoin has once again started to recover.Its price is around $1046 now.Whoever left bitcoin and ran towards altcoins,their time has started to return and the count down starts now...1,2,3.. Yes this is the time for those newbie who was literally hypnotized by the panic created by some elements that bitcoin will fall to come back to bitcoin as it has stated pumping up again. |
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I don't feel of selling my coins at this low price as price is expected to go higher so I will hold my coins till it reaches to some new level and as price is lower now so I have started to buy bitcoins in small parts which is helping me in increasing the level of bitcoins in my wallet and will sell them in future when price is high.
You guys lose opportunity already when the price is high above $1,200 for now its not a good idea to sell our bitcoin the price still low price.. and more possibility that the price can be more decrease.. but i hope that the price will increase back this time or stay at this level.. Bitcoin is rising slowly and gaining a slow pace and moving in a positive direction so I don't think that price will fall back now and if you are looking to buy some bitcoins then you can start buying now as price will go higher in next couple of weeks. Yes I agree, I'm sure if you sell a bitcoin now, you will regret it a week or month later. Precisely this is the best time to buy a bitcoin, all that happens is natural and not the result of pump, as long as no big shock, then prices will go up again. Everyone was predicting that if ETF gets rejected then price will fall to an extreme level but it didn't happen that shows that people are not bother about those news and have more faith in the potential of bitcoins and that is the reason price has started to recover once again. Yes bitcoin will not crash regardless of acceptance or decline of ETF because already there are some MNC giants who have invested into bitcoin and these kind of small fluctuation is normal when it comes to bitcoin and i am sure just like the trent follows bitcoin's value will be increase to more than $1200 in couple of weeks. |
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Hmm, I think everyone who is trading does not need this thread. The cause could be just after making this thread, the price of the bitcoin ride. Because the increase and decrease in the price of the bitcoin could not be determined and it depends on the market. So, it would be better you make a thread more useful as a way to determine profit in the bitcoin on trading or get more.Because this is evident with the price of the bitcoin has exceeded $1 k price
But there are some newbie for whom this thread will be useful after all these kind of thread gives more knowledge to the new users from the bitcoin users rather than some articles which does not give the real time knowledge of bitcoin to the new users. |
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That will be a long way to go in achieving that feat and personally I don't think its going to be possible but I also have the believe that the highest we could witness is that government should be silent about its use for transborder transaction but not coming outrightly to give it the support simply because of the effect its going to have on their own currency thereby reducing their influence in world politics.
By definition that which is not forbidden is allowed so if governments of the world decide to ignore bitcoin as if it does not exist then that is even better for us since we will not have to deal with any useless regulations coming form our local governments regarding the way we use bitcoin. Yes either way will be best for us if bitcoin is not recognized by government there will not be much regulations and pro government rules applied to bitcoin but if government recognizes bitcoin it will be better as more people will start using bitcoin and the value of bitcoin will increase much mroe than we have seen in the past but i don't think it's gonna happen overnight it will take more time. |
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Good news dude ! Bitcoin price is recovering little by little . From 950 $ some hours ago to 1066$ now ! Buy now till it's under 1100$. https://blockchain.info/marketsGood news but dont rejoice too much because bitcoin price that you are rejoicing over that is going higher might just take the reverse bearing within the twinkle of an eye. Although I am equally happy with the ways things are turning out but I dont want to keep my hopes high since I dont want to be disappointed at the end of the day. Lets just keep our hands fold and see how things will turn out. Nothing is predictable when it comes to bitcoin we just need to go along with the flow and constant market updates and researches to make sure we sell the bitcoin at the peak and buy it during the time when the price drops. |
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Bitcoin is truly making a difference in the usage accessibility of currency. This has made bitcoin get added to the list of currency that exist and in usage around the globe. Business people fear about the fluctuations but soon we can expect positive impacts felt on usage as currency.
Indeed bitcoin is making progress day by day as you have mentioned only thing most of us worry is the small fluctuation which happens once in a while and big panic created by some people who literally force most of newbie to sell their bitcoin without realizing that the drop in the value is just temporary. Yes you nailed it when there is a small fluctuation of price in bitcoin there are some people who create panic as a result some of those new users who gets scared of losing all their funds end up selling bitcoin at the lesser price which leads to further decrease in price but on the other hand smart investors who buy bitcoin during these crisis end up in profits when it increases. |
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As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
Mostly depends on the price and distance from my house. IF the ATM just down my street and is selling BTC for about the same price as localbitcoin, then why not I would definitely give it try. But unfortunately, I don't think there is any bitcoin ATM in my country, but in the past few months my country has become more aware fo bitcoin and more people are adopting BTC here so probably by next year we would see a BTC ATM here. I am sure there will be bitcoin ATM in your country soon as more people have adopted bitcoin nowadays but those Bitcoin ATM charge current money exchange price if you withdraw bitcoin in form of fiat which is much higher than the transaction fee in localbitcoin so we need to wait for some more year i guess. |
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yes it's true that btc has no competition now but can't say same for future.
Also, ETH is currently doing good so there's a chance that it might be a good competition for bitcoin.
yes that is a fact that there is no such currency which can compete with bitcoin. bitcoin is the number one currency of the world and hope that it will continue as number one currency for ever. There are no currency which can compete with bitcoin is true but competition is always required to get the best out of everything so i think there should be some competition and we have realized in past 48 hours there are other crypto coin which can compete bitcoin in future. |
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As others say, it is risky. I was planning to do something like this, since the buy/sell rate in our country are high recently. You could probably put 1/4 or 1/2 of your funds to bitcoin and see what happens.
Yes everything which gives you profit will come with risk and we need to play smart especially when it comes to bitcoin as investing your entire funds in bitcoin will be very risky if you are not well aware of the market situation and one needs to have patience when it comes to price trend nbecause most of us end up selling bitcoin once there is a price drop. It will be smart to invest 1/4th of the fund as you have suggested. |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
Because its easy to use and can be used to earn money because it can be exchanged to fiat. Can also be used in buying things and goods online. Apart from easy to use bitcoin's value keeps increasing even if you store it in your wallet so that's the biggest catch we need to think about we should also save some bitcoins for future and the main reason to use bitcoin is that we have control our bitcoin unless fiat which is controlled by banks and government and taxed for our own money and bitcoin on the other hand is non taxable. |
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We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.
Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?
It can be that people around the world are after 20 years are using bitcoin everywhere, whether in any restaurant, fast food, job wages through bitcoin, all kinds of business are bitcoin accepted something like, that all government by each nation adopted the system of bitcoin. its only my perception,. Not exactly i don't think we need to wait for such a long time because at the current growth rate of bitcoin it is predictable that most of us will be using bitcoin and will be accepted in restaurants, as salary within 5 years and i am not sure how far it is true but heard that some organisations in USA pay wages to their employee by bitcoin . |
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
All the points are right except the second,low transaction fees which is no more.Another main benefit is missed.Bitcoin has been an ever growing investment giving good returns to its investors turning double within six months from october 2016 upto now. Yes you got it right as the term low transaction fee really does not suit here because slowly the transaction fee keeps increasing this is something to worry about and yes bitcoin's value has tripled actually in last 2 years it was around $400 during the last quarter of 2015 then now it's approaching $1200 so indeed bitcoin is the best way to invest with a guaranteed return on investment. |
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it is true until now have not been able to replace fiat bitcoin since, people have become accustomed menggunakanj fiat jai need the introduction and dissemination to the public, perhaps with a new bitcoin cacra it can replace fiat forever
It's true that bitcoin has not been able to replace the fiat which is not possible at all to be honest with you as bitcoin cannot be national currency but bitcoin will be the first choice of people when it comes to any alternative from fiat and i am sure no other alt coins can even reach the level bitcoin has reached now. |
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It looks like we are going to hve some more decline guys. Welcome to triple digits again soon.  No way mate i don't think we will ever go back to that triple digit again now the new lowest mark has been set as $1000 but there are mopre chances of price rise so believe in bitcoin but do your own research. |
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