We had to admit that the present situation of crypto are really not good because all cryptos in the market are falling.Let us all hope that it will recover soon so that all of us specially the crypto holders will not disappointed about our investments.
Well not exactly falling in the sense that it can cause panic. Several etfs have been rejected today and i expected the price to go close to 6k but iy didn't. It actually was steady at 6.5 to 6.7k.
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they are now both side by side.. but in the future strongly i expect that all big countries move slowly toward bitcoin and fiat will be forgotten in that scenario.. the prices will grow insanely indeed)) will be amazing in that age after many people be involved into the game
Well not really forgotten. The future may very well be leaning more on the digital aspects when it comes to transactions but physical exchanges will never be without use. Now is fiat's time but as technology progresses, digital currency will have a boom in following and support.
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Many but not all gamblers are claiming they gamble for fun and pass time. I was just thinking. If it is the reason why people gamble then why not play online games? There is a lot of good and challenging onlne games wherein you can interact with other people online?
I agree with you. As a gamer (but not a pro gamer), its better if you put your time in just playing online games like ML or LOL or Dota 2 instead of gambling since both of them are just for fun and entertainment purposes. The only difference is you will not spend too much in playing online game, just your time. I think it will be different from playing games like usual. because gambling has something special where your adrenaline will be stimulated when playing in it, when you win you will feel a very happy feeling and that feeling of pleasure will be different from just playing games like dota or ML Also you bet your money on gambling, not like online games that you don't need money to play online games. Actually you can do gambling too on online games like dota and LoL. People have their own preferences though. You can'y tell someone who enjoys the simplicity of baccarrat to just play dota2 right? These aren't the same things and gamblers and gamers don't have the same interests all the time
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
I think bitcoin will not go under any regulation especially the government's rules because it was made to be like this (except some rules from developers). Yes I agree on that, o also believe that bitcoin will not go under regulation. There is no company or maybe institution that holds btc. We cannot directly say that it will become under regulation because bitcoin is always bitcoin and if it will be regulated it can maybe change or maybe it has a direct effect on the price. Well korea has already started regulating crypto and exchanges so it can be done. Though of course, it's not going to be as easy as regulating fiat but i don't have anything against regulations. I think it's needed for mass adoption and acceptance and for people to have high confidence in this market
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Bitcoin has not reached its goal yet because of the massive dumping of the peoples who tend panic that results to selling of their investments. With the movement now of crypto market it would take more years before bitcoin could reach the target goal.
I am not sure if bitcoin will not recover its price this year because a lot of things can happen in a very short time, but I think bitcoin still not reach it goals and will continue to improve. What "goal" Is there to be reached though? Is it a specific monetary value? Or is it bitcoin usage as more of transactional than just something to take profit from? The latter would likely be what satoshi nakamoto's goal is. But at this point, i think it'll take years before we reach either of those.
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Well of course that would be something to consider since you would have to have someone to leave your assets to in case something happens to you. Though not all family members should know your private keys and i don't think everyone would understand how that would work but at least your most trusted kin should have access to it.
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There are so many hodlers, long-term investors and other people who made nothing but only to wait the market grows. How stupid this people are!!!
They do not know the people that trade in bitcoin daily just only maximized the risk and the small amount of profit they have...Just to make the market green... And so this long-term hodler, seeing the market green, sold a sum of bitcoin saying " we need to maximize our loss" LOL you are not helping the market grow, you are so selfish. We need to help the market grow not just on the prospect of profit but rather expansion and growth of the market. We talk not about today, we talk about the future and what lies ahead.
This may give much debate to everyone but let us be set - we need bitcoin for the future and we need it grow starting TODAY...
and what do you think will happen if those hodler and long term investors dump their coins all at once? massive dump is you want to see right? so dont blame those who are still supporting bitcoin from the beginning, because they are the wall of this program, To each his own dude. These long term hodlers of course would first consider their own profit and wouldn't care how day traders would fare. And i think it's the same with day traders as well. If you're day trading, you can't blame others if you're having a hard time coping up with market movements.
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The only thing that's sweet for me is when i invest bitcoin last year and holding it until i was just surprised that bitcoin hits 20,000$ last December. The bitter part of it is when i sell it all and invest some of it to altcoins which doesn't work as planned.
Ouch. You could've hit the jackpot then and there dude. It's a lot about timing when you deal with this market and to have a solid but flexible plan. I've experienced that a lot of times already and i realized that bitcoin is still the most profitable for me generally.
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Here's an infographic that shows 52 ways Bitcoin died in 2010 – 2018. Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles. Anyway here it is: Sorry couldn't paste it here because don't have enough "karma"... Maybe some will say that bitcoin is dead because their experience with is not good. While some are just sour graping. But whatever is their purpose of making FUDs, bitcoin is still and will still be strong. That's also what i think here. Those that lost a lot of money are probably the ones that are most into spreading panic and wanting btc to ultimately crash to justify their losses. And of course there are also these whales that high holders wanting to pull the value down to make the most profit.
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Bitcoin is investment now and tomorrow and forever because many investors in btc will be rich if they buy bitcoin by low price and sell it when his price is high
Well since bitcoin has features that can very well make it good investment, you can't expect people to just ignore that opportunity. At this point in time, it's more seen to be an investment instead of anything else.
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Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
because that person is tempted because bitconnect prices always increase, and when people start to follow then prices will always increase, because we know that it is pyramid. Well for people that's new in crypto, curiosity would play a part since there are members who actually did make a lot of money during it's run. Unbelievably quick and easy way to make money will surely get a person's interest
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I think you're right. It seems to me a mistake to compare bitcoin and other cryptos, because bitcoin was the first and in our time it rather shows the popularity of cryptocurrencies.
Well it can't be helped. Since eth is the second in the market as well as the second alt next to btc, people will always have comparison. Though at this point, eth has a lot of catching up to to at least level with btc. If that's even gonna happen :p
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I have read the story you have shared here and can say you thanks for telling it because it was interesting to read it. I agree with you because this is really a sorry state if it is possible to call it so
Well i've seen worse actually. That's why i think that though it's that bad for other people, i think it's not a desperatr case yet. We've fallen hard because we came from quite an unreal all time high.
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I am not sure, may people just wan't speculate and nothing else. But day by day cryptocommunity is becoming stronger so maybe in 2028.... something will change.
Lol 10 years from now right 😝. It will take time. The world wasn't ready for the internet in it's early stages so it's ok if bitcoin and crypto is having a not so good run now. It's always been about the future.
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The market is unpredictable.Let's just make it easy go with the flow and learn the good strategy to invest in bitcoin to avoid losses.In the long run bitcoin is a strong and popular coin that can rise rapidly in the market.
Yeah. always look at the bigger picture. Obviously there's little chance that a bull run, the same magnitude as last year, would happen. The latter part of 2018 could see market growth but not as intense as a lot would hope for. I've accepted that that will be my crypto 2018
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The impact will be felt by new beginners knowing the market price falls and does not rise again but this is only temporary. Believe me
Its really hard to handel this kind of situation but i suggest to keep calm and stay positive. It is not the end yet, i swear to you it will recover from this loss and it will boom in the next few months or years, just hold your bitcoin for now and wait for the right time to sell it. It's for newbies dude. Those of us who have seen worse, of course won't flinch and go crazy over this bear market. Nervous people always panic with a simple dip, what more of a stretched bear market. Of course they'll panic and you don't want to be like them especially when things turn around.
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Well australia has been one of the countries that are openly considering crypto and it's potential and this is one step forward to making their people aware of it through daily use. Hopefully they other countries will follow suit.
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Yes, right, maybe this is the reason why many parties refuse crypto. It would be dangerous for a country if the country makes crypto as a currency, if crypto is very easy to manipulate, then a country that embraces crypto will be easily controlled by the evil mafia mafia.
You have the idea there fellow. It maybe dangerous too for the country if not properly studied and just use crypto currency. It really needs to be studied first and must plan some regulations so that it will not be used to destroy others. Yeah i agree. That's why i think regulations are not bad for crypto in the long run since there are aspects in this market that can be harmful for the general public and can be abused. That's also the reason why confidence in this market is hard to achieve in general right now. Hopefully we get there though.
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What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
If you just want to hold and not for daily trading. Hardware wallet is the most reccomended trezor or ledger nano s, you can easily found it on online shops Well though not as safe as hardwallets, paper wallets and some online wallets can be good as long as you're careful with your private keys. Phishing for information is probably the most widely used for hackers. And never leave your coins in an exchange if you're looking at long term
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Since the ban on the use of virtual money will not contribute to the development of the economy, the authorities, in obedience to the world trend, are making attempts to take this sphere under control.
Well they don't really agree on a lot of things, these governments. Every one of them have different views so for some governments, crypto can be beneficial and for some, it needs to be regulated more.
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