Tiktok is an entertainment app luckily Doge coin was trending for someday but this doesn't mean the coin started growing rapidly and yes it gave attention to most of the user's about doge coin. It's not a platform to promote the crypto currency but I am sure it would have gradually created some hype in the market and rapidly the price got increased, honestly this was not expected by any one but whatever happened is for good  |
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Many people are interested to know more about bitcoin but we as users will have to acknowledge that the risk associated with holding BTC is also not for everyone.
I don't quite get the point in the OP though...
If gold was accessible to more people it would lose value? Pretty much no. That's plain wrong. If demand goes up and the supply remains limited (which is guaranteed to be the case with BTC), then the value is only bound to go up.
People having more access to the internet, even in poorer countries, means that more people will need access to value transfer services. It'll be interesting to see people in developing countries leapfrog ever opening a bank account in favor of innovative alternatives like bitcoin.
Agree with you people get excited only if the value of BTC goes up and it becomes a talk of town across the globe but they also want to know the risk of Investing in it as well, I personally feel holding BTC for longer term is a good idea. Like you said internet access has been provided in maximum number of areas across the world and the digital payment system is expanding and growing which could change the fate of many things. |
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People use stable coins for sure only to maintain their value. And for payment it is certainly very suitable, because the value is not volatile like bitcoin. So that for payment it is suitable for payment. Actually coins are stable in crypto as well as fiat $$$.
When the market crashes, investors or traders will keep their assets on a stable coin because this is a safe way to save assets from slumping, therefore stablecoin becomes much sought after when the market is down and indeed in terms of payment many use stablecoin. Exactly, that's the strategy of a safe and secure option to avoid loss. And yes stable coins are mainly to minimize the volatility of the price, when crypto market goes bad stable coin is a safe haven. And yes you can transfer funds between wallets and exchanges if you invest in stable coins. And the most important thing is the profit of any investment is depend only on the popularity and adaptability of coin. |
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I have more expectation at that time because as you say if bitcoin break the trendline then we will see bitcoin price going up to $9700 but it was just a trap and I lost my money at that time. I forgot to wait for the next candle (confirmation) and I just entry when the candle broke the trendline. Seeing some information in several media stock market is falling as well due to coronavirus again and I just think that it will take a long time for bitcoin price goes to $10.000 again.
I would say BTC is performing good even in tough times like this, the market is looking stable from few months and you can't expect a short-term profit in real quick time. Don't believe in marketing hype or media and invest in crypto because it's purely a long-term asset, just hodl and wait for your turn things will get better in couple of days. |
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Well considering the rate at which fiat and paper currencies are disappointing, bitcoin seems a good option, but even bitcoin is affected by price volatility, it would be a perfect fit if it is a stable coin, my opinion though
Governments all around the globe are currently trying to develop their own national digital currency and I guess in the future we will be transacting with these currencies wherever we go. Consider the case of China, in China most of the payments are processed by its own payment processors and mostly the Chinese people use digital methods of payment, they don't even have to type in the password for doing payments, their facial recognition software does its job perfectly. The future will definitely be governed by the digital currencies and bitcoin will also be one of those currencies. Exactly, many of the government's want to launch their own coin rather than going for other coins which has already listed also many of them give prior to it because they feel like it's a secured one and probably better. This digital payment system will work all over the globe very soon and I believe in most of the countries they will lift the crypto ban too. |
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I am overwhelmed by Justin sun's incredible marketing techniques, but I am sure it will not compete with ETH 2.0. I personally think it will not hit in the market like TRON did, but some interesting stuffs are going around crypto market as Justin sun has tweeted as bull is all set to appear. However let's wait for few more days I believe TRON could be a game changer in future for sure.
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With due respect to your assumption I strongly disagree with the statement as Bitcoin still has a long way to go as we are not even halfway through the adoption period which you are assuming, a little bit of research will resolve your misunderstanding and if investment in Bitcoin has become boring you would have received so many replied in this forum which is lively and we are connected through Bitcoin as most of us started here to earn and learn about Bitcoin and it's been almost a decade still we are here in this same forum and Bitcoin is still alive just because it's not outdated and will never be outdated.
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Mate we are experiencing this ups and down from couple of months, just a temporary pump doesn't mean it is going to rock. Why even many analyst predicted that BTC will cross 20k barrier after Halving but in reality we are seeing the right?? To me if the value of BTC goes more than 12k only then I will consider it as positive one  |
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income from the bounty now does not guarantee, especially now that the project can raise funds for one year or more and enter the exchange can only wait up to three to four months, if my income is more real, working outside and bounty is only a side job
Bounties these days are really frustrating and the majority of bounty projects are scammers where many of the bounty Hunters are not get paid. There is no guarantee for any bounty project nowadays even if they distribute the tokens bounty Hunters are ready to sell it in very cheap price before the project owner list it on a exchange which is purely unacceptable, so I don't want to risk by joining bounty projects.. |
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If this is the case with me I will sell it and go with some top it's better to give Important to few top coins like ETH, BNB and some other coins.
Stable coins will always remain normal and we cannot expect some changes in the price, crypto is absolute risky those who take high-risk are millionaires today. It's all about investing in a right coin..
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Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team
Exactly, many new projects has been on hold and I agree with you that corona doesn't have any deal with this. They are just creating hype 😂 If a new project has a capability to deal with any tough situation I would consider it as a best alt, yes this lockdown is new for us but it's not affected any crypto market in reality it's expanding the people view. |
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The coins that I am holding today are not that old there are just coins that I have received as a reward from my last bounty campaigns. I didn't sell most of those coins because their price are too low that it is not really worth the wait to hold them in a long term, that is why I consider them dead to me.
Holding bounties will always lead you to disappointment once the bounty is listed in the exchange we need to sell that right away if we want a good return because as days passed the value automatically goes down well this is what happens with the bounties mostly. It's better to go with the best price rather than hodling for years and deserve nothing. |
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I personally still have trust in altcoin but only established altcoin that has been listed in the top 10 in the Coinmarketcap market, especially with Ethereum and BinanceCoin. I will hold these two giant altcoins for investment in the long run.
You can expect some positive trends only on the top coins and yes ETH and binance are obviously a good hodl for long run, and I always believe in eth as a precious asset right now it's slowly moving up and hopefully in couple of months we can expect a big change in the price. I am planning to hodl this for few more years. |
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You are partially right crypto is giving opportunity as well as scarity too. I think COVID-19 too played a major role on the disappointment of BTC Halving there are two sides of a coin so we can't exactly say COVID-19 helped to increase the popularity. By the way there are many positive side with COVID-19 where many of them get use to it in near future. |
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Of course no one can predict the future with much accuracy, I think the next decade will be only about crypto currency and the majority of globe will be using it. There will be mass adoption in both emerging markets, privacy would play a key role here.
More over businesses will be dealing with crypto transaction and there is no doubt that crypto will rule the world in near future.
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I can certainly understand how frustrating this could be if this happens, after doing loads of work if we didn't deserve anything that could be the saddest part. However a lesson will be learnt for sure and we should avoid such mistakes in future projects, scammers will be everywhere we need to be very careful and go ahead.
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not only you but most of the people in crypto have been destroyed by several ICOs in the past, even for now hold tokens are very risky so if there is a pump and we have benefited then immediately sell because immediately they will dump, never greedy. mate
Yeah but unfortunately we don't see any pumps nowadays and it's unbelievable how things have changed as I sued to hold tokens worth at least $13k from initial days of altcoin and greed took better control on my mind and I didn't sell it off as I wanted to earn more but now those tokens cannot even fetch me $2k. Moreover, 2019 was one of the worst years for altcoin with too many fake ICOs which created bad name for any new coin that enters the market. |
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there are many regrets that I experienced in this industrial space, especially when selling BTC around $ 6k and ETH around $ 130, while looking at BTC and ETH prices currently have high selling prices. but I learned a lot that investing takes a long time.
Trust me you have still sold it at a good price compared to what most of us have sold, I have sold Bitcoin when it was around $400 and again when it was $1000 and missed opportunity to buy Ethereum when It was around $30 assuming it will not survive. But these were a learning for ua ans let's not repeat the same mistake again. |
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The pandemic took us back to normal and now we are living it uncomfortably.
It's the lesson for us to be prepared for things ahead. Things have changed and we need to adjust.
That's true it's a hard lesson learnt in a harder way but the bigger disaster will be awaiting us once things get normal and we have to deal with possible recession which might have more negative impact on our daily lives. I just hope we adapt to a new way of living with limited resources which are required rather than lavishly wasting our resource which we had been doing until the arrival of COVID19. |
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We need to ignore this guy he lost his respect amongst Bitcoin community and please don't take me wrong I know everyone has their own rights to share their opinion but when he is someone who's followed by millions then he need to understand the chaos his statement could cause as there might be thousands of users who would have invested by going through his staemebt last time and now they will be vulnerable.
I think it's high time he should be more responsible and refrain making such statements.
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