Waiting, it simplifies the status of bitcoin on how price level being moves, in general terms, it is all about on how price being move going down, that's why people says that we should wait and holds our bitcoin stocks and strongly holds until such time that bitcoin price back to the higher level. But there are forms of another opinion about the word (wait) it is something having globally connected to the status of crypto business. Because many people who waits on what next big thing that soon to happen in crypto business. And if we try to look on the world issues about crypto business, it is something full and forms of conflicts that sometimes there are issues which are good to crypto business but there are also issues criticizing crypto business.
In an investment, when we say wait or hold, it means that we are optimistic that there is an expected phenomenal uprising to happen. We have record to look back that bitcoin's price have that tendency to pump so high from a major slide, and for an investor, that is surely the moment of truth, because it is the opportunity to generate bigger profit. |
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Bitcoin has been around the borders of financial markets for less than a decade, but is slowly gaining importance as an alternative asset class.
Can the government of any major country step in and do the unlikely?
Government is the primary power generating institution of a nation, they have the judiciary and legislative authority, however, every decision and legislations are subject for studies and reviews, specially when their economic stability is at stakes. If they find any irregularities , perhaps they would try to find ways on how to fix it and set control. It would at least depend on how they see and conceptualized bitcoin in their country. |
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Aside from bitcoin what do you think is one of the best alternative investments in the economy today?
Almost all investments available in the market are considered as ideal, depending on how we manage it, and minimized the risk factors that are usually present. If you are looking for an investment that promises a bigger return with in a shorter period of time. Just stick on the crypto investment, but you have to bring a lot of courage and take a lot of patience a long the way. Try to look for the list of alt coins in the coin market cap for more choices, but you should be very picky on your every move. |
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bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that
There are definitely factors that affect the recent price drop of bitcoin, But it takes a lot of marketing and trading skills and knowledge to pin point the cause. But, what really matters is how do we react on the drop, after all, this scenario has been repeated over and over again for the past 8 or 9 years. This correction allows big time traders and investors to play with the trend and generate a bigger profit . |
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I think you must always try to find position in life where you can have lot of options open, and try to be smart/informed enough to choose the best one it given moment.
But first you must know what you want and be clear in your goals.
When your goals are clear, you won't waste time on unnneccessary things anymore.
When you are unexperienced you must work hard, and working smart will come with time.
Seeking and finding a way for us to do job as easy as possible would help us to deal with our job faster and more efficient in the future. And the right thing to do this is by having enough experience in particular thing that could provide us knowledge that we could used in our daily activities and help us to smartly do job and task for us to earn and learn at the same process with ease. |
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Bitcoin security mainly depends on the process we would used bitcoin in transactions. Maybe in many people they tend to used bitcoin as a source or a form of investment and the security of bitcoin could be measure upon having the time to learn its system. Bitcoin is secure when it comes to transaction because it uses blockchain technology that has process on dealing its function on the market.
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It is not advisable for us to quit and leave our job for us to take bitcoin as a full source of our income and to support our daily needs. Because in the first place our job or our support on our economy help the system on currency to improve and to have development. And we could not hide the fact that our job is important because it could support our daily as we used bitcoin at the same time. And that is the thing we could used bitcoin as much as we could work and do our daily job, we does not need to consider on quitting our current job.
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It is quite obvious that you should have some education in order to start trading but for some reason this forum is one of the main things that mislead the beginers. I remember myself a while ago asking about crypto trading, the most popular advise wassomething like "Just fund your exchange account and start trading, you will get experience. No shit".
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.
Educating ourselves is must specially when we are going to start on having bitcoin as a source of our income of investments. We should need to have a time for us to have on the learning process with bitcoin system. If we know the basic information about bitcoin we could initially start a form of investment and trade for us to earn and to have a good profit. |
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Its fun watching it make crazy moves in the market and taking your balls to your throat when the prices jump from $1 to $19,000 and after sometime back to the $8K from $ 19,000. Lolz. You come to the market, put your hard earned money into it and then see such fluctuation so it is kind of fun and at the same time bitcoins wonderful roller coaster ride. Truly I am mad at bitcoin and the way it works. Off course I can say that it has given me financial freedom and all the stuff but it is lot more interesting than that I guess. I have never been so happy to make transactions with it with so much simplicity and without knowing anyone that I am doing it.  Doing bitcoin is somehow like you are being a part of a major innovation happening right now. It seems that you are not left behind by all this rising stuff, more over in terms of financial maneuvering. Before, I have trouble managing my finances because of the continuous economic meltdown here in my place, then there comes the introduction of this technology, what a sigh of relief for me, and perhaps for all of you too. |
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Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
Using bitcoin as a mode of payment for purchases and services is one of the main purpose of this technology, that is why it is being called as an alternative currency. One way or the other, bitcoin holder and various establishments that are ready to adopt this innovation will find ways in expanding its coverage and usage base on its natural purpose. |
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Nope its because government are trying to minimize bitcoin which it can affect the prices of the market. Facebook and google are doing the ban as well and that can affect also the prices
This are some of the minor reasons for bitcoin price to experience sudden changes. It is quite normal for bitcoin to experience changes whether it is positive or a negative thing. Actually bitcoin system is commonly need to have an interaction on its price because these changes would help the system of bitcoin to develop and to have a better experience on transactions, investment and trading where its price is the main factor for people to used bitcoin and cryptocurrencies. |
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For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
It might be right now, almost every one now are not new with this crypto technology. The popularity is spreading like an epidemic disease. It is now being considered as one of the most profitable innovation in the market world. Bitcoin meet its vision and perhaps able to satisfy a lot of its investors. This might lead to a wider acceptance and coverage in the future. |
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Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.  In any Investment, the first rule is to know where you are putting your wealth, so before you indulge and give in, try to acquire sufficient information to know the risk and solutions if ever your investment is facing any struggle. Knowledge will protect you from possible loses and will help you to stay calm and manage your investment properly. |
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The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth. For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"? It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it. So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it! 1. Summer 2017, China banned ICO. 2. September 2017, China banned crypto trading. 3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already) 4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!) 5. Today, "China Full Ban Crypto"... (Really?) So what is next? "China really ban crypto"? "China really full ban crypto"? "China really really full ban crypto"  "China will jail anyone who trades crypto" "China will execute anyone who trades crypto"? "China will nuke every country who trade crypto" ?? Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months. Yellow journalism at its best. Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos? India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever. From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions. The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price. Despite of all the attacks made by the media concerning the legalities on bitcoin 's operation in some countries, like China, Korea , and India. Bitcoin is still on its full global operation. Nothing is seems to be new on this, It is still one of the most profitable investment choice worldwide. Bitcoin is so far from over guys, Just trust the technology. |
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In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.
The issue between some government and bitcoin has been a long argued topic, government intervention on how to control and centralized the crypto technology seems to be a target of discussion eversince , but it never really materialized. That , perhaps only means that this technology is really made to last. Moreover, bitcoin 's popularity is still rising even in the times when the price is trending down. |
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What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Like any other investment in the market, Supply and demand plays a very important role in the price movement of bitcoin, add up other factors like news forecasting. Speculations and media intervention affects the decision of the big players. It sometimes lead to panic selling or buying of bitcoin. Since this technology is related to economics and marketing, world economic occurrences may affect bitcoin's price. |
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I hope you are doing alright. So I'm writing this thread especially for me to get it all out but I hope it will reach to some other people who will find it valued. For the last few years, I got serious about economics and crypto itself, I guess it's my passion. I find everything about money, economics, technologies, companies, crypto and many more very interesting. So I decided to try my luck, to go for this. I acquired a ton of knowledge, I followed the leading personalities in the economics (not necessarily crypto) and learned as much as I can. I spent months of reading because I really enjoyed it. Eventually, no regrets. So what I am trying to say is that I told my self to get into crypto as part of investments and then move to the stocks exchange but crypto as a start. My mistake? I convinced my father to hand my few thousands to invest into cryptocurrencies, and honestly, I wasn't wrong; my actions were. The problem is the huge need for immediate satisfaction so I couldn't really HODL I guess and lost almost all of this. What I am trying to say over here. That, those investments are based on a lot of speculation and knowledge but not only. Sometimes no matter how a product is good, the team is doing great and everything is perfect. Sometimes the market itself isn't perfect. So I'm trying to tell you KNOW YOUR LIMITS. Why so? Due to the high volatility (10% up, 10% down), I got addicted to this and all I wanted is to make 2x. I felt it was so close to me (to be honest if I wouldn't touch my money and just HODL almost no matter at what coin I would at least 3x). So I changed from a coin to a coin was looking for the closest pump, for instant profit I wanted it so hard without noticing I am losing very slowly. The economy is a very complicated thing, I kept watching multiple long videos about the economy to look what I missed. I am just a small letter in the whole bible, so I guess it doesn't matter. People believe they are different, but usually, they are not. Plan a strategy and more than all, be patient and do not let emotions or urges get into your actions. Investments could be very nice but sometimes risky and harmful. Cryptocurrency, for example, brought the good thing, made every single person from his bathroom to invest and become a millionaire; that's a huge great thing but if you don't follow the basic rules it can be fatal. In conclusion, don't put yourself above other traders or investors. Don't fall into the deep water. Actions should be taken very carefully and after a long smart thinking. I wish you the best!  Economics and marketing is a real complex thing. Base on your personal experience, surely you missed something very important or forgot a very conclusive part of your journey to success. Remember that sometimes we need to go back to the basics to stay focus and maintain soundness of mind to make crucial decision and reminds as our limitation to survive being drown even into a glass of water. Quite a lesson to learn. |
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So we have seen many speculations and predictions that bitcoin will go for one more bullish Eire from the end of March so we are at the end of March now , is it gonna happen like last year or speculations will fail?
There is no certainty on what will really happen to the price of bitcoin until the end of the month, last year's major price height was brought by a positive news that eventually trigger that price pump, so it is not the period that matters, but the good news and the positive event happening on the cryptomarket, is what really creates or dictates the price movement. But one thing is for sure, this technology is not moving backwards. |
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But what does that decentralized technology really do
To infer what the intrinsic value of bitcoin
I haven't been able to do it maybe somebody else can.
Can bitcoin change our world?I want to learn from your opinion.
If you mean changing the market system, or the evolution of worldwide industry, coming from the introduction of digital currency to the world, perhaps, we might get there in due time, that would be possible if this technology would be accepted religiously by the world business leaders, and create a perfect market cap exclusively for this system. It also involves the role of the government on how to regulate and control this technology, without changing its natural vision and potentiality. |
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I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
Bitcoin is developed to become an alternative currency for the consuming public, It really serves a lot of function. Perhaps, one of the vision of this technology is to become a regular option in the exchange of value and services. If this would be eventually obtain and bitcoin becomes stable in the market, it may result positively for the individuals who are into this. So why would I refrain from using bitcoin as my instrument towards success. |
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