The bigger question is, Can Ethereum survive long enough to be able to be in the same class as Bitcoin. A lot of people have their doubts that a coin that are built on pre-mine/pre-sale tokens and no supply cap, can be anything other than a ScamCoin. Some people also think it is a security fraud waiting to happen. Time will tell, if they were wrong.  Ethereum will never be in the same class of bitcoin, in fact bitcoin does not have a serious competitor yet, while some point out to the fact that bitcoin has been losing market dominance over time, especially in the last year, I think we are about to see a reversal, a lot of money that is currently riding in altcoins is going to go once again to bitcoin after bitcoin gets segwit activated, I do not think we are going to see bitcoin dominance of 90% like in the past but I think we could reach up to 75%. |
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ETH is nothing more than a speculation bubble that will eventually get replaced. It's only real value is what will keep it from ever becoming a true currency. It is unreal that people forget or just don't understand why immutability is so important. It can never be a trusted currency because of this but it can be a store of value for the masses as long as their prospects are aligned with the devs agenda, as they have proven they have no qualms about cooking the books to their advantage.
Ethereum, was not a bad project but they decidedly made a mistake when they decided to bend the rules to their liking, since then, many do not trust Ethereum, personally I think it is a project that is going to continue for a long time but I think it is never going to reach the success it had in the past weeks and months ever again when it was so close to bitcoin in market cap, now bitcoin more than doubles the market cap of ETH and I think that is only going to increase in the next weeks. |
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Price of bitcoin now are ranging from $2300 - $2600 maybe preparing for some big thing on august 1, but for me what ever will happen right after the segwit the price of bitcoin will surely goes high, simply because the demand for btc are really increasing then the price should increase also.
Demand is not the only factor that affects the price the other side of the coins is supply, so even if there is an higher demand for bitcoin, if the supply goes up, even after the increase in demand the price of bitcoin is going to decrease, it is basic economics really, and with the fateful date of August 1 getting closer I think we are going to see the price dipping further due to panic sellers. The supply will never increase because we have limited supply, the demand decreases because investors are afraid to lose their money so they cash out and just wait after the August 1 segwit. The situation now is not actually worse but this is a good chance of buying, I will never sell my bitcoins unless I need to, infact it gives my some opportunity to buy good alts since all of them are down now, I will celebrate later after the bloody market is over. Mistake, the supply does increase, even if there are never going to be more than 21 million coins that does not mean that all of those coins are up to sell, if holders that were not in the market suddenly decide to sell, that is bitcoin that even if existed was not in the market, and it will affect the price and if enough holders of bitcoin decide to sell at the same time the supply on the market is going to go up and when that happens the price goes down. |
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I'm a regular person with low level of income and I can't reach bitcoin. Advoating that bitcoin is for whole society, is just wrong here since as a low-income-person I can't buy bitcoins.
It does not matter your level of income, even if you cannot buy a bitcoin you can buy 0.1 BTC or 0.01BTC or even lower amounts up to 1 satoshi, anyone can afford 1 satoshi and if you cannot then you have bigger problems than not affording bitcoin, second bitcoin is money and no one gives money away for free you need to earn it, but you are lucky you are in the best forum regarding bitcoin, learn and in a few months you could be earning bitcoin instead of buying it. |
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Consider this have you notice Bitcoin price up then DDos attack all around, Fud news everywhere, Why because they want to buy Cheap bitcoin. Then positive news again as it reached all time high. Then back again to Ddos mode and Fud news again and again. So i say buy the dips and Hodl. Not worry at all whales just taking profit.
It is the same story as always, bitcoin goes up in price and then the price stabilizes and then bad news come and crash the price, the whales are making a fortune by just holding, selling at the top and then buying at the bottom and if we take into account they can do this in bitcoin, despite the large market cap, can you imagine the things whales can get away with by doing this with altcoins? |
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hello ,, i just want to invest my BTC with a good Altcoin for longterm investment,, with proof of stake system  so i can staking my coin too maybe 1 - 2 years from now,, suggest me a good altcoins,, thanks before best regards Scor Pio Since you seem to be a long term holder then any coin in the top 20 is fine, just look for the one you like the most and the one that could get the most growth and go with it, but personally I will not invest everything in a single coin the best thing you could do at the moment is to invest in several coins at the top that way if one of the coins begin to underperform you don’t lose all your investment. |
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I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Bitcoin confirmation is slow? Conclusion: bitcoin is dying, face palm. The confirmation speed depends on two factors, how busy is the network and the fee you pay to the miners, it is not complicated, if you send a good fee when the network is not busy you will get a confirmation in minutes, if you send a transaction with a low fee when the network is very busy then prepare yourself to wait a lot of time to get that confirmation. |
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One of my friends asked me to purchase Bitcoins in 2011. At that time, the exchange rate was around $4 per coin. At that point of time, I chose to ignore his advice. I even mocked at him for putting his trust behind a ponzi scheme. But I purchased the same coins in 2014, at around $700 per coin. Had I followed the advice of my friend in 2011, then I'd have been a millionaire now.
that should be the worst decision for you isn't it? too bad you are not one of high risk taker. and i believe this kind story have been experienced by a lot of people around the world, bitcoin has made everyone regret and proven that they are all wrong 6 years ago. don't too deep fall in that king regret , get up and start a new journey from now , there's no time to keep thinking what you have done in the past. Yeah, it's sound so bad actually but we cannot hold on and go back to the past. We have to move on and face the reality that we came to that situation but face it with no regrets because at first you doubted. all you have to do now is try to earn it, invest there and make some profit at least you are not yet late because there are more to come. It was a risky decision to invest in 2011 and it was a risky decision to invest in 2014. The fact of the matter is, those who took risks in those years are reaping the reward now. Some people will be happy to make safe investments and not take any risk. It sounds intriguing, but we should not forget that risk most often ends in failure. You know how many lives broke the risk to the casino. If the person is not ready to lose their savings, he should not risk. Definitely. The higher the risk, the higher the gain. If you will not try or do not want to do some risk, you will never get a good income. And true thay many lives and families got broke literally and got broke financially. Because you always have to invest the money that you want or it is okay for you to lose. The risk in investing in bit coin is very low. It is an understood fact that bitcoin only has been increasing per day and rarely has anyone seen an decrease in the value of bitcoin. Whereas other investments are always static in which the risk factor of loss is relatively high. This is not exactly right, bitcoin like all other investments have risks, we must not forget the big crash that happened not so long ago, and things at the moment are also very tense due to segwit activation, but in the long run bitcoin has gone up consistently and that is the most important thing, to have consistency in the long term, that is why there are so many long term holders of bitcoin despite the ups and downs on the market. |
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I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?
There is an ICO mania out there and so a lot of people made profits. Even blatant scam coins have generated profits for ever. This cannot continue for ever and you don't want to be left holding the parcel when the music stops. This is nothing new, this reminds me of the tulip mania many centuries ago, history is repeating itself, or if we move forward in time this is similar to the dot com bubble, so to all of those that are investing in those projects you need to be careful but if you see an opportunity to make yourself rich in the process I do not see anything wrong in taking the opportunity especially when there are projects out there that are not scams but good projects. |
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Anyone that has the capacity to go online can use bitcoin. So ordinary citizens can use bitcoin. It is not that complicated that only a few can have access to it. The access is as easy as access to internet. For those who do not have the internet connection, that is the problem. But aside from that, I don't think there are still other obstructions.
The biggest problem with bitcoin for the average user will be to be responsible for their coins, how many times have you seen people forgetting their passwords or losing their smart phones. It is going to take a change in the way people think to accept they are 100% responsible for what happens to their money, with bank accounts and paypal you can always get your money back, that is not the case with bitcoin. |
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Even if I have bought that many BTC like that engineer from silicon valley in 2010, I would not have quit my day job and travel around. I mean there are sufficient case studies of countless people winning the lottery, quitting their day jobs and travelling around the globe in luxury but they will lose their fortune eventually in a few years time. Those who are interviewed regretted winning the grand prize as it made them feel sad or it led to argument between family members.
The big difference here, is that he did not won the lottery, he made an investment that paid big, he has higher education and knows very well what he is doing, also bitcoin will not stop going up in price and that will only make him richer, but I agree about not leaving his job, he should have kept his previous job and do it for more time that way if something goes wrong he has a backup plan. |
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I confirm I received payment for this round, this is my first week being part of the campaign and everything is great, thanks to BoXXoB and the BitDice casino.
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
There are two reasons, first, long term holders are planning to hold for a very long time, a decade or two maybe more, so to them this is nothing, especially if we compare this to the 2013 crash, and second, if you sell at a lower price than you bought then you lose money, but if you keep holding and the price goes back to normal then you did not lose a thing, so as you see the explanation is actually quite simple. |
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A great idea of young people should know bitcoin and make it a future savings. They are almost all the time so they will appreciate the importance of money.
a good idea for them to know what bitcoins is ,however to not know what happens everytime in bitcoins can lead them to lose their money .Its not a good idea to put all their money in bitcoins even they just ask it to their parents .Spending all your assets in bitcoins is a totally big risk. Who told bitcoin is a risky one.Their is not such a risk on Investing your money on bitcoin.Only you have to sell your bitcoin on correct time to get good returns. Many use to sell his bitcoin due to personal reasons. Such a thing is bad idea. If you try that means. Your money will loss There is no point in denying that bitcoin and other cryptocurrencies have risk attached to them, just look at what happened in this week I have read that some members were down up to 60% in their investments when the market crashed, can you imagine losing that amount of money in a single day or two? That is a real risk here and we must accept it and to avoid to ignore it or we could pay the consequences of that mistake. |
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Until now nobody can hack bitcoin wallet except due to errors and inability of wallet users, we never heard blockchain on hack, it proves that this system is very safe and can be used for safe and convenient transaction
Sorry to burst your bubble but exchanges have been hacked and much money has been lost because of that, I honestly do not remember if an online wallet has been hacked but I will not be surprised if it was, that is why it is recommended in the forum that you never keep an important amount of coins in an online wallet and that instead you keep most of your coins in a wallet you control and if possible that you keep that wallet in cold storage. |
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Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold
Yes you're right but they have no difference when it comes in value. They have the same value as people knows about that. The thing is gold has already stronger foundation than bitcoin it seems that people are more gives attention in gold because from now not all people accept bitcoin as payment or money. There is not really a mystery why gold has a stronger foundation than bitcoin and that is because it has been around for a lot longer than bitcoin so it is common knowledge that when things go bad you need to have some gold in hand just in case, in fact it was not long a go that in the past many portfolios of investors had a portion of their wealth allocated to gold that way if the stock market crashed they knew they will still have their holdings in gold. |
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Many ways to invest, you should invest from now
And wait until the time comes, it may take a long time about 3-5 years, it will look the result.
Haha, why not think your money can loss after 3-5 years if the cryptocurrency will replaced by other coins create by the government, banking or some company on the world's? I not want to use my money to gamble with future unclear That is a possibility but to be honest is not a realistic one, right now most of the people in the market of cryptocurrencies are people that are deeply interested in the topic, your average person is not investing in bitcoin at the moment, so even if banks created their own coins most of the current market is not going to move there we are still going to hold bitcoin because it is better for the simple reasons that is not controlled by anyone, so even if 99% of the people adopted coins created by banks and governments the market of cryptos free of that influence will keep on existing. |
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Honestly at this moment nobody ask me about bitcoin and I don't know why.  like they know I'm into bitcoin but they don't bother to ask me. Maybe they're not interested, hope I can help someone by chance by bitcoin. The truth is that this is not as rare as you may think, I have tried to explain to my family and friends the advantages of using bitcoin, I have shown to them the amazing growth and yet they are not interested, to be honest, I do not know what to think, the only conclusion that I came up is that they may hate earning money in short time frames, I knew it is a ridiculous explanation but that is the best that I could came up. I think they are just thinking that with that pumping rate, it may also have a high dumping rate. When I talked like this in front of my family, they did not let me finish and just told me to distance myself with probable scams. So I don't bother told them about it and just put them in awe after a year. That is kind of obvious but at the same time the only thing we need to do is to buy after a big dump and then the only way bitcoin can go is up, you hold for some time and get your easy earnings, but I suppose that I’m the risk taker in the family, my family thinks they are being conservative with their money because they have fiat, when in fact they are the ones making the biggest gamble of all by thinking their fiat is going to hold its value after a long time. |
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On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists? Bitcoin is going to be used for all kind of purposes, from those that are altruistic in nature to those that seek to damage society, that is just the way it is and there is nothing to be done about it, that is the way bitcoin is designed, you don’t need an id to create your wallet and you don't need any kind of KYC in order to receive coins, your coins cannot be frozen by a third party if you have control of your wallet, so unfortunately the answer to your question is yes. |
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Based on the affordability bitcoin is being used by majority of the rich people. The low level people try hard to earn through the different ways available to get few bitcoins. As the rich can afford large scale, they gain good profit on trading. This makes people believe that bitcoin is for rich which is not correct.
Affordability level will be common for both rich and poor people and up to their capability they are using bitcoins. Probably due to recent higher transaction fees some people might have decided not to use bitcoins for micro transactions which might lead to some wrong assumptions like bitcoin is only for those who are afford to include bigger tx fees. In that case it is true but this trend will get changed in very near future as scalabilty is going to be fixed. The problem is that some want to send very low transactions, can you imagine someone trying to send a few cents by a bank wire?, I do not know if that is even possible, and then they get mad that the fee is higher than the amount they are sending, I'm sure the same will happen if you tried that with fiat, also while the fees for fast confirmation are high, the fees to get a confirmation after several hours are fine in my opinion. |
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