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because the price fluctuations in altcoin are faster than bitcoins, the risks offered are huge and proportional to the potential benefits gained, altcoin which we call shitcoin can give us a significant advantage before the coin is lost from circulation, altcoin is a complement in market trading. .
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Many altcoins are now convertible to fiat such as zcoin, ethereum, and even BCH, they have their own market share in addition to converting into bitcoins, the future of altcoin is very bright for those who continue to innovate on their projects, falling coins and delisting is a chess pawn that loses in the game, it makes a lot of sense in the free market because that determines the price is the investor.
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I do not dare say how much Ethreteum will be in 5 years. But I estimate that the price will be in thousands of dollars (1000-5000 $).
When some years ago I sold 10 ETH for $ 8, and now the price of 1 ETH around $ 300. I think it will be closer to the BTC ratio. BTC>ETH ratio will decrease.
basically ethereum almost resembles bitcoin, these two coins are increasing very drastically due to the number of requests that many ,,, and in addition ethereum and bitcoin selau in interest by the miners, this is what causes the price is much increased in every year The higher the ethereum price will have an impact on the bitcoin price increase, eth will not be one level because the trader still uses the asset pattern on bitcoin. I do not think it takes 5 years for this coin, in three years eth will experience the peak of glory from the service that he gave, this year the effect looks very large, especially ethically based market volumes such as etherdelta. |
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Bitcoin cash dropping more and more. I sold already before it becomes worthless.
That's not possible, but eth is clearly ahead. Crypto users trust eth more as a safe coin and are used for various ICOs. and prices will increase. And the tech of the ethereum will be superior rather than bitcoin cash, Bitcoin cash just got hype caused by used the name of the bitcoin to get the instant adoption by a lot of the crypto users or traders. BCH takes a long time to adjust and actually the coin is very potential, very different from ethereum which already have real service in smart contract so there is difference of purpose of both, eth future will still be superior from bch because eth not focus on only currency |
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The main problem of poverty is the uneven distribution of financial channels, most of the poor are blocked from access to finance such as government assistance, bank aid and so on. the presence of bitcoin can be a solution to overcome poverty.
You have explained one of the main reasons for poverty all over the world. This is utterly because of the unjust distribution of financial assets. Those who have oil, gold etc in their land are not willing to share it with poor countries. We need to sue world resources equally to put an end to poverty. Since, it is clear that the uneven distribution of the financial resources is the major cause of poverty in the world. Bitcoin has challenged systems to introduce even distribution of finance to all i.e. a decentralized economic system which provides equal opportunities to both rich and poor to make money online, and through this both rich and poor are themselves responsible for the profits/losses they get in the market. In the end, bitcoin is capable of bringing major changes to the majority of poverty worldwide. all with only one condition - their willingness to get used to the use of the Internet and willing to learn to manage virtual investment assets more responsibly. Many people are lazy, especially unemployed who just want a brisk effort or even do not want to work with the same pattern, bitcoin will encourage them to become more qualified human with a fairly simple pattern of work |
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I first discovered Bitcoin after I watched a video about the deepweb on the Youtube platform back in 2013. The price of bitcoin was at around $200 USD and I did not any money to invest in. After the price went up to $800 my dad gave me $500 to buy Bitcoin. Now my goal is to sell my Bitcoins when it reaches 100k USD.
your experience is like me I just never invested when I first heard bitcoin in 2013 and I just played faucet and other free bitcoin sites so I ever get a bitcoin of 0.97 and at that time I sold it only get $ 250 when viewing bitcoin is getting I am increasingly regretting it.. that is a very valuable experience  No need to regret, you did not know that bitcoin would be so expensive. I also learned about bitcoin a few years ago, but did not attach any importance to it. Then I got to this forum and realized that bitcoin is a very promising coin I know bitcoin from television and internet, I'm curious because this coin is hated by the government but still exist and growing rapidly, especially when the case of ransomware that requested ransom in the form of bitcoin. After I learned more then I found this forum and mastered the various things and business offered. I have had a long bitcoin vacuum time but no regrets at all because luck can be searched anytime and determined by our own destiny and effort. every day is the future for me |
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Yeah, I think JP Morgan had invested in bitcoin of one reason which is profit just like every body else.
JP Morgan are running out capital and they also see bitcoin has better future compared to their traditional banking system.
I think they were looking for the ways to maximize their profits and there is non but bitcoin that is why they have invested into it.
I believe that yesterday jamie dimons only issued a bad statement against bitcoin urgently, the effect is good name jp morgan became bad and could make bitcoin price down. They obviously invest in crypto business because reputable bankers or financial companies are always involved in any business that has the greatest potential and risk they sometimes encounter in various ways to get maximum results. |
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I think banks considered bitcoins as a threat...
Why?..bitcoin chooses no one..bitcoin doesnt need to much
information to access it. You can pay bills without any
hustle if you have phone and a connection you can easily do
buy and sell and make some payments. Unlike in banks they
will ask you many documents before transacting.
They need to know you everything you disclose to them
should have a basis and must be legal. Most of the banks
are strict and has many restrictions but compare to Bitcoin
if you want to pay bills you can make payments without
disclosing informations you do not want to disclose. In
Bitcoin they make our life more convenient.
Banks are not related to anything because they still benefit from every bitcoin conversion to fiat, the bank simply does not mind and is even very ready if bitcoin keeps growing. They are just waiting to see when the government will issue a bitcoin regulatory policy, because they are very waiting when bitcoins are listed in the official currency exchange list on their exchange list. |
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This is what I've telling to the people that are asking me about trading that if they don't know what they're doing, they must study about it first. They are thinking that it is an easy thing and they will have an assurance that they'll get more than their capital. I'm sorry for your loss, that's a total of your 6 months lost and if that happens to me I will definitely suffer and can't have a good sleep for several months. I had an experience of lost but not that this much.
we need to learn not only from perceptions of other who made it successfully but also learned more precautions before trying to do it with an actual balance like what all of us here which already experience such loss we learn from the hard ways. Let's think to new scenario can happens on the market, do not let old scenario make you forget the whales always change their move. If you can predict the trend of Bitcoin easily, you are rich man, not like now speculating difficulty about it.  I do more active speculation, I try to earn daily trading profits from various coins, I only hold the coins if it is feasible to hold because it is still in development stage, if it could be better added, holding a coin is typical for a passive trader or afraid to take risks, and I am on the opposite path, we must have style in every business. |
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When there is a drop in price of alts, that is the rightful time to buy and wait till the time the price shoots up, there goes your profits. Trading Altcoins is a more better way to stay alive with bitcoin to me. Just have a good plans for Altcoins.
Yes, I agree altcoins potentially represent a great unique opportunity to trade and get high profits. Yet lately they've been falling mostly and that allows one only to buy at one's own risk but doesn't say anything about the time profit will come. Coins are dropping and buying them is probably great but who knows, not all of them might survive the dump and become worth more. They've been mostly growing during summer and perhaps now they're just returning to what they are supposed to be. Now is the right time because bitcoin prices go down, the effect on the market makes us have to dare to speculate, today I bought a lot of red coins and I'm sure a few more days will give a nice profit, never think too long because daily traders have to think fast . |
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I focus on Omisego and zcoin, these two coins are on top of my performance, I also keep exploring the progress of their projects, besides, I also keep on collecting eth and wave because its use is very important in transactions in certain markets, these 4 coins will be great in the future, I do not really like coins based on hype, I love coins that have a clear and active long-term development.
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I still support Ethereum because its use is already widespread in many businesses by using smart contracts in token erc-20, this will not stop and will continue to grow. I also wait for Eth moment to be POS, and I think this will give a very significant development. We just need to trust a business that continues to innovate
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Do you expect Japan's ICO? (For example ALIS or comsa) Do you participate?  The ICO from Japan that I know is synchrolife (syc), and this is legalized in japan, I want them to maintain the momentum of the effects happening in China, the Japan claim now holds the best volume market but will soon disappear if they can not keep it up with innovation , from 2 ICO that OP mentioned current means i only know about 3 ICO come from japan. |
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Both gold and bitcoins are great investment but there is difference in holding of gold than of bitcoins I think.Holding of gold is very low risk investment and gold's market is stable means there can be profit in later but it would be less if we compare to bitcoins.But holding of bitcoins has some risk investment as what would happen if other crypto currency came up better than bitcoins it would harm bitcoin's value.but profits in bitcoins can be huge as bitcoin's market is very volatile or unstable which could cause sudden ups and downs.So each holdings have advantage and it's disadvantages.
Yes both are valuable assets for people. I think bitcoin is more valuable than gold for me. Because if I want more and more profit in short time then I should invest in bitcoin, and if I want to safe my savings then I would buy gold. Gold is easily approachable and can be used more easily than bitcoin and also more reliable asset than bitcoin. But for different people both have different values. What is more valuable to us is something where we put out money in, I'm pretty sure majority of us are not investing with gold so we have to defend bitcoin and support it. Bitcoin is new and experts are predicting that blockchain will be widely use in the future and bitcoin is blockchain as it originated that system, by putting our money now we can expect big return in years to come, better return than gold in terms of percentage of course. I have sold gold assets only to bitcoin, this I do to get more capital and in the end there is an increase in asset levels, my bigger goals like land and house. Gold is too small when compared to bitcoin, I understand bitcoin is risky but that is not a reason as long as we can actively engage and understand all the news that is there every day |
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Every country struggles for independence and power respectively, if the world has only one currency it will only lead to war because it is a matter of integrity and ideology of each country.
Bitcoin can only be used as a common currency, and each country can still have its own identity. If the analogy of 1 currency is the dollar, then there will be no economic equilibrium around the world, and the dollar also can not develop because there is no comparative value and stuck on one side of the price alone. Another term there will be no economic equity.
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Bitcoin being the global currency is actually a very good idea and we can see that it is already slowly happening nowadays, maybe given a few years more, bitcoin could really be the worlds money that would be used to all and will be used for everyday living like buying in stores and paying for malls and paying bills.
I think bitcoin is already a global currency since it's an internet currency and right now it's popularity is rapidly being spread due to popular people has been noticing them such as Bill Gates. It will be a possibility that it will be used everywhere as payment the same as fiat money but it will never replace fiat money. is likely to succeed, we can imitate the use of the euro to apply to the European community, not necessarily government intervention and they continue to run normally and successfully. The potential reach will be wider around the world if Bitcoin is set as a common currency, this will be a history of economic progress and we are fortunate to know the bitcoin from now on because in the future the price of 1 btc will not be easy to obtain. |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
I think people prefer to earn a lot of btc becuase they know that the value of bitcoin is still increasing month by month or day by day so many people invest here or hold becuase they want to get a lot of profit. And there is some proof that bitcoin are increasingly that if you may hold it then much profit you can get in the future. I manage bitcoin positively, I used to play in hyip and gambling online business using fiat, now everything is changing because bitcoin fluctuations are able to eliminate stigma with higher percentage of higher investment profits in a healthier way. I continue to use fiat for payment in the real world, and using bitcoin for online business purposes, this is a balance that keeps me excited and never bored. |
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Bitcoin is good way of getting money, and for some people and on some way it is easier. But i do not think that you should quit your job because of bitcoin. Best thing person can do is work and earn bitcoins. Bitcoin does not need your full time attention, no matter how much you earn from it. So therefor do your job get money from it, and get more money on the side from bitcoin.
As stated there is no need of quiting your job to make an added income. It's good to work and keep the bitcoin an added source, because none is sure about tomorrow's strength of bitcoin. Can speculate and predict it to be powerful, but the reality might change depending the market. I have a slightly different passion, I assume if we focus entirely on one field, then the results we will get will be maximized, I have resigned from last year and started getting real profit from online business, bitcoin gives me many opportunities to improve the pattern finance, and in an instant I am capable of being a crypto trader, this is something I can not understand in a real job, a long-term investment asset is best for the future. |
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Times are still early, though not as early as they were a number of years ago. So it is hard to tell. Bitcoin has moved by leaps and bounds in this year alone so its prominence is constantly increasing. Its protocol certainly aspires to change the world, so it is going to be fascinating to see how things go in the coming months and years.
If it fully catches on then I guess it inherently does change the world.
I think there will be strong resistance from capitalism and all countries that do not like financial patterns that can not be controlled by anyone, bitcoin will still experience steep roads and potentially deteriorate. It is true that bitcoin evolved from the base by holding a very large volume / decentralization of guerrillas, bitcoin has a strong capital to ultimately change the confidence of the government and ultimately regulate bitcoin. This coin is very capable of changing the world because of the supply factor of economic equation for all levels of society. |
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I disagree with this idea "bitcoin bank" because first of all bitcoin is decentralized currency already. If you put bitcoin in a bank means there is a certain person or group that is holding our bitcoins and its centralized already. I like to put my bitcoins to microwallets for me rather than a bitcoin bank. Thats my opinion
While I also disagree with the idea of a bitcoin bank I think we are going to see many attempts at it from banks especially if bitcoin becomes really successful and while most members of this forum are not going to fall for it many people that do not understand the real purpose of bitcoin are going to support such a thing. Your understanding will fade slightly if it turns out bitcoin banks are done by Blockchain, Coinbase, and many companies are already popular with bitcoin wallets. Creating a physical bank does not mean they will arrogantly organize all user data, but it serves as a real-world business existence, system and data processing will remain the same and what differentiates it from government tax. Bitcoin is necessary to create a bank. |
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