Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. Those peoples who is still buying bitcoin as their coin is those person who's still believing in bitcoin, they are believing that after all the dump's that bitcoin experience it will soar again at its best and make itseld great again It will not be in the benefit of people if they sell out in this low market but loss and nothing more. On the other hand it will be in the benefit of those who want to invest in the market; this low market will charge us less for more quantity of coins which is a huge benefit. If we invest now then we will successfully achieve large quantity of coins and this collection will payoff the most in future. |
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Put all your money in ICOs and win big in short time!!! Guaranteed by the biggest whales in the world. Good article though bro, keep going on!
I think that after the termination of the proceedings regarding the bankruptcy of Mr. Gox, it is possible that the situation in the crypto-currency market will change very much. In any case, I hope so. Yeah this is very good option to keep all your money in ICOs and you will be millionaire in the near future. If big whales want to promote a coin then it will make its position in the top currencies of the world, but look at the project and the authentication of ICO. There are many scams in the market. So that you can protect your money from these scammers. |
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I think they are just really scared to lose their money because of the big incident this past years that a similar price movements which are resulted to a bubble and lose its price rather value, so stock critics and other financial persona are really afraid that this might be repeated again in bitcoin we could not really blamed them warning people for the potential risk that might happen.
I think bitcoin is not a bubble, he has not really managing her bitcoin, bitcoin nowadays is still popular but in investing you should be careful for the right time to work on your bitcoin so that it would not result to bubble, try to look for the time to buy in the coin market and the time to sell your coins , just manage your investment properly because this time there is tight business strategy of your bitcoin. We are sure about this fact. Bitcoin isn’t a bubble. If it is a bubble, it would have been seized to death for it has endorsed so huge dips and so harmful news. We have seen so many coins that came and just go within one month or two. They were bubble because they couldn’t have borne the pressure. Bitcoin is amazing and this increase and decrease it its nature. So don’t just worry. Yeah you are right some people do not invest in bitcoin because they scare of losing their money. They have no idea about the future of bitcoin. This is the best time for bitcoin investment because of the low price but if once the price increases again they will rub their hands because of missing this golden chance for making more and more money. |
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I do not agree with people saying, Bitcoin is a ponzi, and has no real value. But if a global disaster happened, the value of it would probably be much lower, than now, and only the real fanatic would stay. Others would try to buy more useful staffs I guess.
This always have been happening that whenever prices are fallen or increased, there was a major reason or event behind it being a cause. As we have all seen the price jumped from nothing to amazingness in December of last year. That was just because of Christmas. This is continuously happening since the first day of development of bitcoin. Events do impact the price of bitcoin. |
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yes you really should not be greedy because when you are greedy surely you will only get the loss because it will be exposed to the game some investors who have a very large trading capital or often said as a whale.
Humans never get succeeded whenever they are on greedy track. They must be losing that one to get into a thing that could be able to make them successful person. Greed is alike that barrier which doesn’t allow the car to pass through the road. So better is to kill this enigma of greed from yourself and be pure so that you can be earning good money and enough for your needs. |
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There is no such thing as a 'safe risk'. And trading is a risk. There are websites which offer to trade for you, and you get a percentage of the interest realized at a certain period. One of such is https://abacuslimited.org. You can register through this referral link, https://abacuslimited.org?Marcelonuoha11 Knowledge about trading is the main thing and is very important if you don’t have it you can loss all your money as you do not know how t handle situations. Get knowledge about trading and find out the best exchanges to make deal with any one who can buy your coins on best prices. It’s not difficult but you must know about the market the rules and principle which is the basic thing to consider otherwise you are not safe. |
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Last few weeks I have been reading in the forum that Bitcoin is dead so is it really worthy to invest on Bitcoin
You are wrong to believe in those who say bitcoin is dead, bitcoin will not die that fast. Bitcoin will survive and can increase high and bitcoin is still worth buying. The current market is favorable and achievable for people to invest here with huge benefit even in the beginning which will result in huge profit in the end or in a high market after selling coins. it will benefit you the most as we know that if we buy the Bitcoins now which will charge you very less as the market value is low and this is the opportunity to collect large quantity of coins. I would like to see where he saw that articles about bitcoin death. Newcomer heard something again and decided to ask here is it true, but he was too lazy to check out this forum. Do anyone trust this newcomer? He created topic based on some rumors, but what I hate about this newcomers they don't try to investigate the matter, to add some articles, more informations, this newcomer oneliners really looks very stupid. I see others try to explain how bitcoin is not dead, you arw trying in vain, they will never learn, the best what we can do is to judge this newcomers and to tell them to f. off. If they wish to learn more this forum is great place for that, they can learn a lot only if they spend some time reading, not asking stupid questions. The most benefited investment a person wants to do in a specific time is a sign towards the current market which is favorable for investment and this is a very golden opportunity for all of us. We do not have to miss this opportunity because the market like this may not come again in future. It will be in benefit to get large quantity coins on the usage of small amount. |
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I don't imagine that this will happen this year, however close by three years this is a significant achievable objective. They have concurrences with numerous huge banks.
This is a general perception and all the people are worried about the future of the crypto but remember as long as you do not sell, you do not loose the money. AS far as ripple is concerned, it might gain some weight if Bitcoin started growing and we are hopeful for the rise and that you will recover your money and might incur some good profit as well. Just hold and sell high. |
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
I think bitcoin will not affect economic stability in a negative way. It might actually the other way around. Besides under develop countries many developed countries are using the Bitcoin for transactions and as a source of investment and are getting huge benefit of it. These countries are using it because it is in their benefit and Germany has added more to it as it realized and recognized the Bitcoin recently. Their economies have improved a lot with it because it is more valuable than other currencies. |
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Yes i agree with you i think investing with gold and silver is more profitable than putting your money on the bank because price of gold goes up every year so you can have a bigger profit compared to almost 2percent on savings account.
I also think having them both will somehow make you feel secured and safe.It's not a bad idea to put a fraction of your money into your trusted bank and others are for your own investments in crypto and in gold and silver too.They will give you good profits which will be more beneficial in the future. It is actually the same strategy to divide your money in junks. Allocate every junk to some important source so that your ending month would be giving you a better result. Like some portion must be involved in bitcoin, the other one is in gold and silver, some must be retained for daily usage and for being proactive, there must be some amount allocated for emergency concerns. |
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Well, that's easily understandable, I think. It's really risky and also good knowledge of technologies and computer are needed as well.
People are actually afraid of the unstable market and do not feel safe to investment here in the Bitcoin while those who understand the Bitcoin and all the processes involving in it so they handle it easily and making huge profit. You can also get huge returns of the Bitcoin investment if you come to know how it works and how it will work after your decision so it will build up your knowledge and you will feel comfortable. |
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so it should be that way, so as traders have to keep monitoring the market movement to see where there is a chance to buy and sell it can look like a sniper who is ready to shoot at every opportunity when it is visible
in any case For a better trade each novice should begin simultaneously with theoretical and practical classes. Personally, I learned more in practice and at the same time I got experience from my mistakes. Traders can get success if they know about the basic market rules and principle which will make them able to handle all the market processes and conditions. On the other hand success is always far away from you if you are not well knowledgeable person then you will not be calling as a trader. Trading with more valuable coins like the Bitcoin and Ethereum are more profitable. |
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In my personal opinion on June this month is end of bearish trend, just like last year and on july the market will turn in to bullish trend. Also there are news about regulation of crypto will come on july, so bullish trend could be start next month and possible to go all the times high again
But until now the price keeps falling and the investors getting panicked still.hope to see some upward movement in the coming days which can give the investors that trust to invest more on the bitcoin because the price will again go to moon and will reach new all timw high. It will. Just have some patience. In trading, there is one thing important and superior to everything, patience. You can’t just go up without it. Many of times prices start falling and you haven’t anything to do with if your mind have control power. Patience will give you a chance to retain what you have with you and don’t lose in such hard times. Better to enhance this one factor. |
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While taking any buying decision I always follow systematic investment plan which emphasizes on buying in smaller units at a higher frequency of time which helps us to capitalise each and every market level that means you buy a certain amount of Bitcoins at every price level so, at the end of the investing period, your average acquisition cost is comparatively lower which increases the probability of making profit even with the little growth in the market.
In my opinion if you have money and want to invest in bitcoin then don’t waste more time and go ahead to buy some bitcoin today. If you become greedy and are waiting for more drops in the price you may lose this opportunity. It is possible that the price down to $5000 or more than that but the price today is also suitable for investment. |
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The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.
Disclaimer: I'm not a US citizen, and I've not read that law
That is a very racist thing tp say because we all have a freedom we all have a choice and have a dream in life and almost all the rich people that are humble of course those who are from the poor family before but I am not saying that all rich are arrogant people it is just a shame to see that they are dividing the society with this kind of rule. There are a lot of ways in order to get rich and with the help of the cryptocurrency this makes it more handy to gain profits so lets just not believe that rule if that is true. It is right and the reason is whales. They manipulate the market and suck our money. Big investors are making big money and small investors are losing their hard earn money. Manipulation is a big problem for bitcoin. Many people do not invest in bitcoin because they are aware of market manipulation so that will not make any profit in their presence. |
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Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Yes, the low price is right for those people to want to enter the world of crypto. This is their moment to shine later. To newbie make sure that you have enough knowledge, and you understand will the risky on investing and don’t afraid to learn something new that you know you can get incredible benefits later. But to us already spend on the bitcoin is not a good scenario. We should be patience. We hope the bitcoin will pump again so that we can get amazing profits. If you are new investor you have golden chance for bitcoin investment. If the price grows again you will never take an advantage of bitcoin. It is better to invest in bitcoin today because the price is almost $6000. It is falling more but waiting for more dip can be risky and you may lose this opportunity. On the other hand it is not good for old investors. |
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If bitcoin a buble, rockerfeller funds and soros funds won't to look on cryptomarket. Bitcoin and cryptocurrency is new kind investment instrument and many firm aware that and they just waiting government issuing regulation.
That’s right. Because if it were a bubble, it would have burst so far and would not have attracted such a huge amount of money. But it is the top notch spot for investment among the crypto lovers and it has been giving good returns just see the last year’s figures and decide yourself. This is an amazing technology and has a way to become the future international currency in future if all the countries across the globe agree to recognize it. |
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I'm not sure what kind of greedy definition in crypto. If I just want to get as much profit as it is also part of greed? Because I believe that there are whales who play a bigger game for their own profits, even destroying others but it seems the whales stay on top.
This definition can be of something like this, to go for extra profit and don’t see the right time to sell or buy. Actually this market is so cruel and it doesn’t allow you to wait for such long time. You might be losing best of your efforts just because of incorrect timings. So better is to teach who to make yourself ready and resonated with the time management of this market, good luck. |
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how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?
PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.
Thanks,
Mike
I don’t think you should have a number of times for you to be checking the price charts of Bitcoin. I will suggest thdat you continue to check the price of cryptocurrencies as much as your heart reminds you to. Just trust your heart and keep on checking whenever you think. You should, even if it’s up to a hundred times in a day lol. |
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While it is still possible in the trading world to turn 0.1 to 1 BTC in 6 months, but its really very hard and need someone to be very lucky in addition with the high needed knowledge.
Its easy... you just have to have the right strategy Yeah it is possible but for affective and successful trading experience and skills are mandatory. If you have trading experience and can trade on daily basis, then no doubt you can make huge profits in the coming six months. You can earn even more than that because it is on daily basis. Day trading is not easy and you will have to give as much time as you can, but the reward is also big. |
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