It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..
USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..
Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
until that day will happen, but it will take a long time maybe a few decades. and the facts up to now we still need fiat money for everything in real transactions. |
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Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
depending, if you buy it for now, it's good at a long holding rate or a short trade. well that's why knowledge will play an important role in a level like the current situation. |
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Bitcoin is now at about 6k$...
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
if you look at the movement of the last few months, bitcoin stays at 6k. yes there is no more than 7k growth then goes down to 6k. I think this is the same pattern and there is likely no more improvement in growth or decline. I think it's better to buy altcoins. |
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Bitcoin is now at about 6k$...
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
of course, but at the moment this is difficult because we all know that almost every month the market has a correction. there are actually several options that you can do like a short trade. and for actual growth for bitcoin will not happen this year. |
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I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
than you ask, you should start to seek knowledge through reading a lot in this forum. this is very important to learn technically, so that you understand market patterns. currently the market is experiencing a pretty chaotic situation in a downward trend because correction is always happening almost every month. this situation cannot be explained by what happened in 2017, but this is an effect from last year. |
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DO you know that even some of the so called politicians have secret investments in Bitcoin and cryptocurrencies that no one may be aware of? I believe this is one of the reasons why some of them have double stand when it comes to taking decisions on the adoption or regulation of cryptocurrency. Some of them are scared of publicly supporting crypto. What do you think?
I'm not sure, because to invest in bitcoin someone must know every risk. and most politicians want safe investment. so, assuming you can't confirm that. and this is not important to us. |
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Reports have it that bank frauds still continue to happen despite of strict security measures being taken by the banks. Just between January to July 2018, just timeshare fraud alone had 1.155 reported cases. It's when you’re told you can go on a free holiday or get rich by joining an exclusive holiday club or timeshare programme, but you’re eventually forced to pay for it through small print in the contact. That is not to mention other types of fraud like identity theft etc.
This gets me thinking, is it safer to just have bitcoins, or cryptocurrencies for that matter since it's not regulated by banks? What do you think?
of course not, if you compare the value of bitcoin which is very vulnerable to change. this is not safer than banking. however, bitcoin offers more options such as anonymity and the benefits that can increase as much as the level of buyers gets more crowded. if you are interested further, you have to read a lot from various references about bitcoin and its technology. |
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maybe, I don't know what will happen in the future especially in terms of IT technology. but bitcoin has a strong influence in the investment industry even though its value for now falls deeper. there are many crypto experts who predict that in the future bitcoin will increase even higher
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The crypto market is in the red right now, Ethereum suffering the most, but don't panic sell people, it will rise again.
true, panic can make someone get a big loss. however, it is not easy in situations like this, especially if you need funds. this is a dilemma, I'm sure there are a lot of people who suffer huge losses from altcoin or ico investments. this difficult situation will take place in the next few months, I read some experts predict that the market will need time in terms of stability, yes at least not for this year. |
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With the number of scam and/or unsuccessful ICOs, do you still recommend investing in one or two? Why should or shouldn't I?
Well, I guess why did you join the campaign? this is a question for yourself. I guess you never tried to invest in crypto or trade. you should find out about the insights of ico investment or altcoin investment and trade. |
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every time I see my portfolio, surely I will always be surprised because the price of altcoin that I hold must always go down (red), and now the price of ETH down until the price of $ 380, I am confused what happened, but it has been almost 4 months market price does not rise- up, what do you think the cause of the market price is not rising?
correction and possible manipulation that affects any fluctuations that occur in the crypto market. I think the market will take a long time to get up and try to be stable. try to study and analyze from a few months ago to the present. you will understand |
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In your opinion which is the best way to promote an ICO at initial level to create buzz? Do you think Ann threads are enough for that and how much is the role of bounty campaigns in that?
There are several mechanisms that must be done so that the ICO project targets the investors. because that is why all aspects are needed. that is why there are many campaigns in each ico project. it aims and has different interests. you can learn about marketing management. |
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How long time will take the markets go high ? What are your ideas about market cycle ?
This market getting worse day by day so what should I do for it? Should I wait for more time?
it will be very difficult to estimate how long the market will grow. of course in each analysis it can change according to the situation and various factors. however, if we examine the decline that occurred especially in this year. I think there is no truly stable growth, so it is likely that the market will start to normal again in the middle of next year. |
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Anyone know the reason of it?
not only for ethereum, almost all crypto decreased by more than 10%. I think the correction happened again, the same pattern that occurred in the previous few months. this is why I said before that the market will need time to grow stable. |
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When I received the token, should I sell it immediately, or what? How do I judge its value?
help me !
guys!
this is why someone who is involved in crypto must at least have basic knowledge, especially in terms of investment. You must know each project bounty that you follow. try to read and understand it until you know every concept and plan for future progress. That way you will have the knowledge to speculate. |
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Hi Friends! Recently, it is no secret that it is much more profitable to invest in altcoins. Why did you choose this way of investment, and in which altcoins is now more profitable and promising to invest? Thanks for reply!  P.S.: for example I recently bought: PCL, ABX, BASE, BUBO, XDNA (masternodes), ZIXX (masternodes), DRG. now the market is down again, just a matter of hours of bitcoin has come down, and the effect is on all altcoins traded. I am waiting for ethereum to go deeper so I will buy it as a short trade. I think I will get a quick profit. |
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What can be the best advice for a newbie due to the present market status on learning or investing?
You will not understand the technical analysis of the market, so you should start looking for basic knowledge first while having a lot of discussion and reading in this forum. there is a lot you can take as knowledge and knowledge. the rest you can explore from various sources of knowledge references. |
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What is the difference of Bitcoin and Altcoin? Those two got me confused ey. Noobie here.
I think friends here have explained it to you from various points of view and knowledge. I just want to suggest, you should start taking the time if you are interested in this crypto industry, by getting used to reading you will get a lot of understanding about bitcoin, ethereum or the blockchain system. and this depends on you |
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Knowing that we all suffered through this bearish trend and now that we expect it's almost over it is the right time to buy ETH !
ether is at a very low price for now since it is stable at a price of $275-$300. It was about $800 3-4 months back and it might recover the price soon.
Considering it's ATH this must be a great price to buy some ether as it will return some good gains.
yes, right I have bought a lot of ethereum, I think the situation will be conducive even though this is certainly not for this year. I expect the market will grow steadily again next year, so in the middle of next year I think it will bring good results in its growth. this is only my analysis |
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hy mates
i m seriously confused because i don't know the right decision to make now, i can't really bear the market anymore ETH has fallen to what i don't know the market is no longer pleasing i m loosing everyday by day.
should i sell or hold instead of me loosing every day. now just to a look at ethereum price $297.43 what i bought at $900 last year December
please can someone tell me what to do?
if you sell it now, of course you will lose very much. but I think you can buy in larger quantities for now. that way you will compensate for the investment results last December. there are many good options for short trading, and this will require experience of course. |
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