Personally, I met only payment systems for the exchange but I have not seen the cat to store cryptocurrency, I Think that it is profitable to just exchange and pay for the product, and store on a cold wallet.
in my opinion if a credit card helps bitcoin it is a very good and profitable cooperation and the government must implement and allow this kind of thing so that the modern world is now advancing Lol you understand that banks would harldy thinknof cooperation here since bitcoin, by nature, goes against what these banks represent. Btc removes control from such institutions and gives it back to the people. So goodluck with cc's supporting crypto. |
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Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
you're right, prices are getting lower as bitcoin holders decrease or our investors all don't know how long this will last. even though I am not a bitcoin holder but my bitcoin users are very loving and will be able to survive through difficult times in the world of bitcoin because I believe bitcoin will return to life and become a better source of life for all of us. It looks pretty stable to me right now. And though it did plunge from it's peak last december, recent happenings suggest that we're in for a decent end kick. No need to get all gloomy unless you're willing to sell all your holdings lol |
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Well anyone who lives in a place where there's google access would pretty much do the same thing. It's pretty basic unless you live somewhere that the government controls where you can go or not. Most likely if you live in such a place, bitcoin would either be banned or inaccessible.
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If this happens than bitcoins will get a huge pump and the price will reach moon.
This is what we all are waitung for actually and it could really make the price for bitcoins reach our expectations.
Well that would depend if all governments would collectively state their support. Demand would definitely explode but i don't expect anything like a x100 pump. I think btc is over that kind of movement already. |
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Those new in cryptocurrency and want to invest in it, what will they use to get crypto is it not fiat?
Yes its true, fiat does have a important role in our econmy and especially in cryptocurrency, it will take a lot of time to eliminate all fiat. A lot of people still consider cryptocurrency as a investation and not everyone is using it for transaction cause many merchants still not support it. So time will tell when crypto will be major thing to be use in our transactions but i truly believe it would happen eventually. Well i think most of us understand that this goodbye fiat thing isn't going to work anytime soon. We may not even be around anymore if that's even going to happen |
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Yes, if bitcoin adopters or users increases to the level global uses there more volatility and fluctuations in price of the market but the volatility/fluctuations in price of bitcoin then will be positively not in the negatively/dump side because there will huge demanding and low supply of bitcoin then since it will be use for daily activities.
Well the more users, the more hands to move the market obviously. Though i wouldn't be too sure that it's for a positive or negative effect since it can be both. New users, weaker hands. Same as how panicky newbies dragged the market down at the start of this year. |
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but with high interest rates The interest rates are not high.The banks charge fees for using their services.They make most of their income with fees and commissions. Bitcoin can't stop hyperinflation or corruption.They are a part of the capitalist society. Bitcoin can't replace banks,because the process of giving loans can't be 100% automated. Yeah that's asking too much for something that still has a lot of room for change. And poverty goes well beyond banks, loans and other economic challenges. Even if bitcoin somehow closed gap with banks and fiat, i doubt it can be what you think it'll be. |
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Well It happen sometimes, the coins that we think has value at the end of the day it loses it value because of the decrease of bitcoin in the market place, its really frustating to see after waiting for so long and expecting for a profit only to find out that its gone.
A decrease of quantity would probably mean a surge in price right? Since that would mean people picking up the available bitcoins. Though it's a common happening. How else would the price be volatile if it doesn't devalue every now and then? |
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im not sure if bitcoin is safest investment than other.
compared with property, it is safest if you have some block of land than you have bitcoin. safe is different between profitable. i admit it if bitcoinis growing every day, but is there something that make bitcoin is not really safe, that is volatile price.
but, bitcoin can be safest investment to someone that have knowledge about bitcoin.
Nah. Even for someone who's knowledgable about btc, it doesn't guarantee you'll have safe investments. The people who are knowledgeable would be the first ones to tell you that. |
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Exactly my thought some days ago, OP. I was wondering if those "crying babies" now have their profits since the volatility of bitcoin has been caged. This present scenario points to that saying, "Be careful what you wish." They have their wish of steady btc price with or without volatility but are they truly happy now?
Lol yeah there's hardly any movement right and this is probably a preview of how btc will be when it get's mre transactional. For the mean time, do i think it will stay this way? Probably not. It's still too early for bitcoin to be stagnant for good though i think those that got stuck above the 10k level are happy with this stability. |
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because with so many users and interested people, bitcoin will continue to survive until now and quickly to develop. so bitcoin depends on enthusiasts and users
If Bitcoin is still used by everyone then Bitcoin will continue to survive and have a good price in the future but if Bitcoin has a better new competitor it will make a big change with Bitcoin. Yes, when there are still people who use Bitcoin and make transactions with Bitcoin, Bitcoin will still have a price. For me, Bitcoin is a future so I am very confident that Bitcoin can last long enough and become one of the financial systems that will be widely used by people in the world. Bitcoin has shown it now and we will welcome a digital era that is much better. Well i don't think those people who own bitcoin consider it for transactional use anyway. Bitcoin's survival for now banks on people's demand since it's considered as am asset. In the future perhaps people will see it more transactionally and probably after a few government regulations. |
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No, bitcoin will never be hard to access because it is made for a purpose of centralize financial system that has a reliable speed and transaction. As the technology goes more and more and more, bitcoin becomes more accessible and also the people are having ideas about it..
I agree with you that it should be made easier and should be developed in the future because bitcoin is the parent of modern money or digital money and I think besides the need for virtual money there must be digital money in the future.... Well i don't think it's hard to access bitcoin now so yeah, it's going to be even more accessible once we get wider adoption. Too bad though for those in countries like chine were btc isn't getting a good reception from the government. But in general i think, even these countries will loosen up so access would be better. |
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Learning everything about cryptocurrency early is certainly better because it will equip us with abundant knowledge that can increase our chances of cryptocurrency and reduce the risk of loss. I think Cryptocurrency is the future of money and therefore we need to lock ourselves into it. I saw it as a subject in schools in the nearest future.
Well i don't believe there's an urgent need to include it and force students to learn about it. Though some kind of an inttoduction course for those who are interested would be helpful. Just have it available for people who really wants to learn about crypto. |
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i hope there is a twist on that story like what happend the the pump most predicted it to10k and at 10k most predicted ot at 15 k but then is goes up to almost 20k, now they predicted 9k there must be story behind it, im excited on the twist LoL.
If there is a twist then everyone will be happy to have their money multiplied,. But offlate bitcoin.has gained stability and it will be great even if bitcooin crosses $8000 mark because it would be growth with stability instead of sudden rise and then down to basic.This year will be most crucial so let's wait and watch what happens and then find a way to make profit out of it. Well a twist can go either way, positive or negative. I just hope we get a positive one since a lot really are expecting the market to end the year on a strong note. It would be disastrous if the opposite happened to be the twist you've talked about. |
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I think bitcoin's price will difinitely raise by the meantime, because the current market is not stable due of its fluctuations and the price was rapidly growing. But in the meantime, let's be hopeful for the arouse progression of the market and the flourish occurence will consistently appear.
Well as you said, the market is not stable so we wouldn't know for sure if there'll be a rise anytime soon. A lot of expectations for this 4th quarter that's for sure. Just hope we all get what we hope for to catch up for a weak year over all. |
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Right now bitcoin price is very low, some investor are investing their money for buying bitcoin.
is bitcoin worthy to buy ? right now?
Do you agree with this or not ,,,,,,,,,,,,,,,,???
Yes, this is the very best opportunity to grab and buy Bitcoin now since it is really preparing for a bull run because it haven't go down to 6k level which means this may be the very bottom of the bear market. Yeah I agree with this. It is right that the price of bitcoin is low and investors should buy bitcoin for their bright future. Invest today and rich tomorrow. I suggest always invest extra money in bitcoin so that if you need money you would not sell your bitcoin. Buy bitcoin and forget for some time and when you will be back you will be a rich man in your community. That's how those people that lost a lot thought when they started as well. When you say that you'll be a rich man, that may very well take years to happen. I don't think you realize how hard it would be to hold what you buy today until the time it really peaks. There will be a lot of challenges and drops along way that's for sure so if you take advantage of the price now, make sure you're also prepared to see it through ups and downs. |
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I expect 10k by January, it is very real.
Hildnon to your expectations dude. Even though a lot of us think that 10k can be attained in the next few months, bitcoin has the curious habit of breaking the hearts of people with expectations. I don't think it'll be that hard to hit 10k even this year but we'll never really know until it happens. |
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If we take into account that even in summer, during a downturn, Bitcoin rose to $ 8,500, then by the end of the year, closer to the tenth anniversary of Bitcoin, its price should also rise no less than up to 10 thousand dollars.
That's one thing to consider but also, bitcoin doesn't really follow any certain trend. We're all hoping that the last quarter trend us sustained and that we'll have considerable growth the next three months but there'll be a time when the trend will be reversed. Better to just be ready for any scenario. |
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This really crack me up because of the market price being predicted but that's really a possibility that bitcoin will reach that price since each year, the users and investors of bitcoin are also increasing.
Lol. That's 10 years from now and though many things can happen, i think that's reaching for the stars. Even john mcaffee probably won't be that confident that bitcoin will even reach that high. That's just my two cents. It would really be nice if that cones true but i can't see any reasons how. |
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I don't think so. Changpeng Zhao is also a human. I think its only his personal prediction because he is the CEO of binance. It does not mean that what he says will always come true.
he can make his own predictions come true if he will act on it . those guys are powerful and seem to have a lot of cash on their pocket , they also have a lot of connections which is also powerful like a whale and if ever they plan to buy a huge amount of cryptos at a single time , they can possibly grow the market 1000x or more . aside from pumping the market , they can also dump it by doing the opposite move or by selling all thier hodlings . Nah. The market in general would likely follow bitcoin's movement and i don't think there'll be any x1000 movement for btc anymore. It can still happen probably for upcoming alts that can be pumped that high or a lucky ico but that won't that the market with it. It's probably too late for well known coins to pump that high. |
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