There are rear chances of projects coming up that once went down, since the owners have gathered necessary money they don't pay much attention to projects. Rather than investing in projects, its best to buy good coins and HODL. Over time, you should get back the capital you invested at the beginning.
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In 2021 I am no more interested in ICOs. There era is almost over now. I am rather happy to invest in solid altcoins like Eth, Cardano, Litecoin. ICOs in my opinion are not worthy for investment, since 1 in thousand got success.
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Banks are starting to reckon with Bitcoin more and more. The Bitcoin adaptation is still moving forward and if it goes on like this, it will take a large part of the market from the banks. At this point, they are not yet in danger, but they have to start thinking about the future.
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What threshold will bitcoin go down this year?
It all depends on how long / until when the bull run will continue. It is very likely that prices will continue to rise until next year, so this year I would not expect prices to drop at all. However, if the bull run ends before the end of the year, I think the maximum decline will be around $20k
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I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?
They are 100% scam, jut stay away from them. If these signal men are that much proficient then why they are collecting few bucks, they must be millionaire. Spend 1 or 2 hour here and you will learn so many things about crypto and that too for free.
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Bitcointalk is an excellent place to learn crypto. Read posts here daily and your level of understanding about bitcoin will go high. If you are new then golden rule is never jump with huge capital, always start with small capital. In this way you will learn and won't lose huge money.
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If you are asking about day trading v long term investing then obviously long term investment is best. The key to long term holding is your buying price. Buy at dip and HODL. Imagine a HODLer buying btc when it was 3k and selling it at 60k.
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This question is always here and its answered so many times still it pops up again and again. BTC and Fiat have their own importance in daily life. We still need fiat to live our everyday life. We can't buy a bread using btc. Both are different ecosystem and cant be compared.
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Eth is about to touch 2k in few days. Though anything can happen in crypto world but 100k is a bit far to achieve right now. Even price of 2k is not bad, it's very decent and enough for people who bought it at 200$.
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There is difference by theory and execution. Many projects look very catchy in whitepapers and on websites but are difficult to execute practically. Thats why many projects are abandoned by founders few months after project launch.
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OP posted that on 7 Aug 2020, it was time of bear market and people started losing patience. Many sold coins at loss to smart investors. If he has waited for few more months he would be in current bull run where almost every coin is at its ATH.
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There are many altcoins who have joined the party and are doing good. Shit coins won't be part of this bull run and will stay away from this. Always invest in solid projects that have tendency to go up with BTC.
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The first thing you do before investing in any project is to make very good research. There are many projects that were labeled as scam but end up giving huge profit to investors and vice versa. If you are looking to invest in any project make sure you are clear about everything.
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If you talk about people who have zero knowledge about bitcoin then yes they are afraid of bitcoin, for them bitcoin is something used in ransomware, dark net and alike stuff. The more you know about bitcoin more is your fear gone.
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What do you think about the future? What do you think about the most successful blockchain applications? What ideas might be formed? How is it possible to make entertainment - social application with help of blockchain? i need some example.
Technology trend changes so rapidly that it’s almost impossible to predict how future apps will be. Apps like Uber, Airbnb were nonexistent 10 years ago and now they are essential part of our lives. The world is heading toward betterment and apps are playing an important role in that.
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I don't think any bank can take control of complete bitcoin ecosystem. Its decentralized and there are thousands of mining farms along with millions of individual miners. The blockchain is designed in a way that even the creator wont be able to alter it
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Honestly I also think about this scnerio and things that came in my mind are that infrastructure will be destroyed and we all may lose control of our gadgets. How can I access my bitcoin if my laptop is destroyed and passphrase to restore wallet is stored in the laptop. If such things happen, it will be terrible for all bitcoin hodlers.
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Governments all around the world are not in favor of BTC because of one obvious reason i.e. BTC is taking financial control away from governments and other centralized institutes. It’s the community that is backing the BTC project from its inception till date regardless of what governments think about BTC.
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Thanks for your sharing your thoughts. I personally report that comments to Bitcoin talk community to check it where we scammed people. The guys is continuously posting without having a single proof of scam. We are legit and honest. Check our site rank. https://www.alexa.com/siteinfo/exocrow.comWe have 45k rank in Alexa, if we scammed any people so in forums their will be much flood of exocrow scam project. You can use our service to test whether we are legit or scam. Thanks I'm afraid that in my opinion the result in the Alexa ranking has nothing to do with whether some service is legit or not. I didn't notice you responding that you were accused of plagiarism. So it's not about your service scam people, it's about dishonest marketing. No, Alexa ranks also matter. The plagiarised content is changed, Also we have 0 scam reviews in forums. Just the issue about plagiarised content and that is solved now. It seems that you are creating your own world, because I still see active scam accussation agains you: https://bitcointalk.org/index.php?topic=5277446.0There are also active accusations on your account: https://bitcointalk.org/index.php?action=trust;u=3081088The problem is that you have committed plagiarism. Do you understand that you did it and it has already happened?
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If Bitcoin hit 60k dollars it is really possible to reach $100k this is my highest price for the Bitcoin and I want to hit that this year. $56k now is really nice to see and we still need 4k dollars to reach that price 60k dollars. Those investors who invest to the Bitcoin when price is $1 they will get 100k times of their capital and that is very high percentage of profit that will gives you a good life.
- I don't think your dream can be fulfilled this year because today, the value of bitcoin has actually exceeded $60k as you wish but then, a price reaction started to appear, the market seemed to reject higher prices from bitcoin, bitcoin had a slight decrease, it is not so significant and things are still recovering but overall, going up the higher ladder, bitcoin will be challenged more. Besides, with the presence of Elon Musk and the influence of the crypto market, governments of countries will probably watch bitcoin more and limit overvaluation. Of course, with a higher price, subsequent increases become more difficult. However, for several months we have seen that we have a bull run, the fact that people like Elon Musk invest in Bitcoin means that many companies and people are just beginning to learn about it. HYPE will continue for many more months, so in my opinion Bitcoin has time to expand market and the price to reach $100k later this year.
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