As we see bitcoin start rising again what you predict about bitcoin's price by the end of 2017?? I predict bitcoin's price will be in between 3200$ to 3300$ by the end of this year.
The price level of Bitcoin increase the most in year 2016 and 2017’s mid and the estimate expectations of the price of bitcoin is $5000 per bitcoin. Woww that’s HOT. I mean if I have 500 bitcoins I can easily buy Lamborghini and drive with crazy chicks all night. Perhaps it’s just imagination, but it comes true if I start work to get bitcoins and yes I’m working on it and now I only have 9 bitcoins. So, guys gear up to get bitcoin fast as you can. |
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I feel like i miss the boat or missing the even bigger one.  As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers! The best way to study trading to me is demo trading or invest little Satoshi or Altcoin and develop your skills and knowledge on how trading work and you will become a professional trader. Trading is a game of skills like football you need to keep practicing for perfection and skillfulness. I will advise you to download meta trade software and create a demo account and keep practicing until you can be sure you can trade successfully before invest really money or coins. I have find out that you cannot became a professional trader by Learning from other people experience but only by your own experience. Yeah, that’s true. I agree with you that there is no other way to learn trading from your own mistakes and decisions. Seeking others opinions may misguide you and you go in loss. In addition, watching YouTube videos help a lot. Try to understand charts and practice analyzing them. Practicing on demo account also largely reduces the risk of playing defective in the market. In the beginning, invest small amounts to understand trading in a better and to develop strategies in accordance with the fluctuating crypto market. |
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Paypal is centralized that's why a lot does not want to use it, the new trend now which is crypto currencies are being use
and it's popularity is growing fast. Bitcoin is really a threat to centralize payment system and they are affected with the crypto popularity.
PayPal involves the personal information of the user. Confirmation of user’s identity, age limit, transaction limit, ID etc. They often limit your account if you receive a big amount from a suspicious account, money transferred goes nowhere, neither the sender get, nor you even if you have done nothing. Bitcoin is free of these stupid and extra formalities. And the transaction fee of Bitcoin is also very low as compared to PayPal. No limitations are involved in the bitcoin transactions. |
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Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?
You can trade anytime, different is the target you want to achieve. I think you should be able to take advantage of the standard but can constantly get it rather than get big profits but only once. Think that trading is a job that requires consistency so you can benefit greatly from many of the selected decisions. I agree. Trading is so broad when it comes to the product but in the world of bitcoin becomes more challenging because it isn't an obvious way to get money. However, it may consider as untrusted to some but it's up to others opinion whether they believe the power of bitcoin's advantages in trading or not. For now focus on trading bitcoin at your own convenience. Trading on bitcoin is really risky since we do know the price of its do change anytime and its too volatile. It can really give you out good profits but depending on how you do trade and how do skillful you are. Trading cant be learn on a short period of time and it does need lots of trials and errors for you to get the right formula. Perseverance would be mainly needed here. Considering Bitcoin a risky way of earning is a stupidity. If you see the progress of the exchange rate of Bitcoin you will definitely believe in the improvement of its worth. My uncle bought some of the bitcoins few years ago as his friend advised him to do so. And after few years when the worth of bitcoin grew, he was really amazed to see that how can a value of an online currency grow this much rapidly. And when he exchanged those bitcoins with the paper currency his profit was 3 times greater than his investment. Bitcoin gives you a lot but only if you have patience. You just have to wait for the right time. |
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Buy and hold here.
Keep in mind that holding for the long term also gets you long term capital gains treatment for taxes, which in the US is a pretty hefty savings. If you're holding an asset close to a year, you might as well wait for the extra year to pass and get a guaranteed 20% of so bump in your tax rate.
When you buy bitcoins you have to work with patience and you have to keep in mind all other government rules and regulation about saving and investment. The main thing you must kept in your mint is the policy of taxation in your country on savings. May be long term saving lead you to pay more percentage of tax, so chose right time to sell your bitcoins and I think the right time is start from now on. One thing is clear for bitcoins for now that it’ll never lost your investment. |
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Bitcoin as far as I know is the mother of all altcoins. It is a virtual currency where we can used it as payment online and can be use as an aaset and savings too Which is very safe compare to any bank.
Yes, I strongly agree with your opinion, currently bitcoin occupies the peak of altcoin because it has a different value with altcoin, I think no one can compete, many who already use bitcoin because it is said to be a savings asset or investment or trade, Bitcoin also ensures security For all its users wherever they are, and bitcoin is independent, so far many people have used and trusted it, I think bitcoin will be in place for a long time. If you look at some facts about the good progress of bitcoin from the rising bitcoin population as well as the contribution of investors that help improve reputation and popularity of bitcoin, even some countries have declared legality of bitcoin as a digital currency whose function is equivalent to real currency. Exactly why I disagree with the OP for labeling it an Altcoin. Bitcoin is the premier cryptocurrency and has the qualities, reputation built over time and popularity that the other cryptocurrencies crave for and that makes them an Altcoin but not the original or Bitcoin itself. I have saw people promoting the newly developed alts mostly will give you the example of bitcoin. They when introducing their currency will say that it is a digital currency like the bitcoin and will then tell you the price of the Bitcoin from where it started and where is it now. All such acts are encouraging for the Bitcoin and its users that the alts accept that bitcoin is the core cryptocurrency and the rest are the followers. |
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Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
This is the worst comparison I have ever seen, bitcoin and yahoo is not the same, it does not have anything in common. Bitcoin is a world-wide favorite. There is nothing wrong with comparison. Downfall can come to anything either if its yahoo or a bitcoin. Bitcoin or any organization can end up pretty bad in certain scenarios. We all know yahoo was the first internet browser and most used browser in nineties. Any organizations gets profit and runs if people take interest in it. When the competitor came in yahoo's way, yahoo lost its worth because people went for GOOGLE. Same can happen with bitcoin if people loses their interest in it due to any major reason. May be because people might stop getting profit from bitcoin or they are having loss. Or may be some other strong competitor come across bitcoin who provides more profit to people and people start investing in it. You never know. Anything can happen. It's so early to say anything. |
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I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?
Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?
Crashes into stock or into commodity market will always have positive impacts on cryptocurrency markets as cryptocurrencies are new alternative investment vehicle for investors. When money inflow is not happening into stock nor currency markets, we can expect cryptocurrencies to get those money flows. Sometimes market sentiment will differ between stock and bullion markets as these two are reciprocally connected. Same applies to cryptocurrency market too. We cannot predict that all the times cryptocurrency market will go up when stocks find crashes. |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
The percentage of people who may get panic/dislikes will be in very insignificant numbers hence we cannot expect any dump as solving scalablity issue even for time being may boost bitcoin prices into new level like $5000 price levels hopefully. I am expecting $5000 in August and $10k in December, after scalabilty issues I am not seeing any big hurdles bitcoin may face hence we can expect prices start flying again. |
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Honestly I love to have many more "another" such predictions. It is going to happen for sure as bitcoin has enough reasons to have continuous bullish trends in coming years. Awaiting for segwit activation might be the currently blocking criteria for those bullish trends.
But I expected prices to touch $5000 before segwit activation with the support from few governments' regulations but unfortunately no governments are as quick as Japanese's ! They came up with removing consumption tax of 8%, but it was not failing to give big impacts due to segwit based confused situations
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Do you think they are talking about bitcoin in your basic ECON class?
I am not sure if they are talking about Bitcoin in the basic economics class, but B schools are showing interest. There are separate electives relating to Bitcoin / blockchain in some of the leading business schools. Yes, it is already happening; I have come across many such university courses and here is the one : https://www.coursera.org/learn/cryptocurrencyWhen real world applications are adopting bitcoins and blockchain technologies, there will be no wonder that academic bodies are coming up with such courses/electives. I believe these type blockchain based studies will boost researches on it which might lead to take bitcoins into new levels. |
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For 2018, I predict $3,200 per bitcoin
For 2019, I don't predict an incrase, it will be around $3,000-3,500
For 2020 which is the halving time, I predict $7,000 per bitcoin. Then the next target will be $10,000 I guess.
Wow! that's sound a hell of a prediction but i don't thing the bitcoin price will go that far in the future as it seems impossible because there are lot of factors which determine the price and there is also possibility that bitcoin price may not increase in future so it is very difficult to predict the trend and price of bitcoin. As long as there are traders trading in bitcoin the value of bitcoin will never go down. Moreover many more people have been joining the bitcoin business which is the main reason the value of bitcoin has been increasing very quickly and rapidly. So, in a simple word, as we will care about bitcoin in a result bitcoin will care about us. So keep invest and get a large amount of income in a future. Last week it was 2300+ USD now it’s 2599 USD. |
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You need to get as many knowledge as you can and employers will need people that is knowledgeable... You can earn side income from many things on the internet.. you just have to make the right decision by doing some research a little bit
For a beginner, it is important to get knowledge but gaining experience is also equally important. Knowledge is something one can easily gain but experience comes only overtime. Once a person gains experience, dealings in bitcoin is relatively easy and quickly profitable. So, it is better to go to study bitcoin in a deep that we can able to deal how to earn bitcoin. How to invest how to make our future by using bitcoin that why bitcoin is better. |
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Gambling have no link with superstitious. But i see a lot of people are superstitious usually when they start betting, because they believe on something unique and different, but behind the scene nothing is here except luck. I believe only luck, it is working and we win everything including gambling because of luck.
For the belief, the gamblers are going to have, you cannot expect any link. But honestly gamblers are trying to link these two for some reasons. Some gamblers find it useful for profit making some rest of gamblers never believe into any meaningless activities. You cannot just call them meaningless activities only because you are among those who don't believe in superstition. I have been betting since 5 years almost and betting was what introduced me to bitcoins and I know the use of superstitions and the effect they have on one's gambling. I have lost a lot of money then I changed some things which I cannot just write publicly and now I am a happy man. So please don't call something meaningless just because you feel that way. |
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Form my point of view, both side is risky, if you want to participate in gambling then it would be more risky in comparison with trading, gambling is basically dependent on luck, so if your luck doesn't support you then you couldn't find any profit, on the other hand, trading also a risky process but it is less risky than gambling...
Rightly so but I would rate skill based gambling above trading because looking at the market one can easily say that to gain any profits what's all needed is luck now days and hence its almost like luck based gambling. While in skill based gambling we can at least be happy that today we lost due to the skill level being below the opponent which I don't mind at all. |
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Lesson I learned today is to never ever give a loan to a Gambler.
Yes they may have done good things in the past, but when a Gambler starts to get unlucky, most of them will have a change of attitude.
As long as gambling cannot be considered as a source of income, you should never lend a gambler for gambling purposes. Will you lend for entertainment purposes ? In my country, banks will not offer loans to stock broking business and anything where income is not definite. But I have seen many gamblers have repaid their loans as per their words. Still there will not be any standard on this could be derived as gambling is full of uncertainty. |
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In my experiences setting limits to your gambling makes it even more dangerous.
I mean when you bet with limits in mind you always bet according to that while I personally believe and experienced that free flowing betting is much better.
Suppose I have a fixed deposit of 0.01 then I would play too little at a time which maybe is good, but you cant win anything significant from that.
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OP - As far as litecoin is concerned I would not prefer to invest going forward. Also btc and ETH looks strong if the cypto currency prices going forward rise. Well there are many other new coins coming in market and if you do research and find better to invest in other project that will be better rather than litecoin.
It's not about litecoin concerned. We should look forward and stop thinking that other crypto currencies are better in a hard time of bitcoins. 1 August rumors were false still bitcoin is going above so don't compare other currencies and keep investing in bitcoin. And keep believe in a in our future result that we would see the bright future because of bitcoin. |
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There is no way that the government will shutdown the internet because if they do that, the people will got mad and there will be a big protest and people will against the government. The government will collapse
internet nowadays are part of people primary needs , just like clothes, eat and any other primary things. could you imagine what happened when government decide to ban people to eat? to wear clothes? , it's same thing when op throw his thoughts about shutting down internet , it's a strange thought lol. Yes, I believe yes the internet now is an essential part of the life such as food clothes and shelter. The internet is playing a high role in running almost all the activities of daily life, for example if you want to deposit some balance into your bank account you need the internet for it or making a police complain is online, if you want some rescue services you can use both the phone and the online application and also most of the government departments are linked with the internet so there is no such option with the government to shutdown internet. |
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Trust is the driving force behind bitcoin as well other digital currencies. So till now everytime after price decline it grows after some period of time. The same could happen this time too, so no need to panic as the alts are also experiencing price drop during the same time. Exactly and since we didn't even reach the milestone of even 10% of the fiat currencies, there is a tremendous scope for the Bitcoin in the coming years. I believe that Bitcoin is still in the beta phase and we have yet to reach new milestones in which millions of people will join us and make the bitcoin even strong. However, it is a long term process and those who are willing (and capable) to wait, will get good returns. You got that right dude. As far as bitcoin may have acheived, i also think it's still has to reach it's full potential and we may still have a long way to go for that. That means the longer this goes on the better for btc holders as like you've said, more and more people will certainly diverge into btc. If we are especially talking about price point of view then I think in next 10 years bitcoin is not going to see anywhere below $50K as price is directly proportional to the increase in demand, we will have that level of demand in the coming years and I am excluding the participation of the institutional investors who invest for the speculation purpose. Bitcoin is going to have tremendous growth in the coming years and yes price volatility will be there at any time point during the period. That's why we there's no need to worry too much, it was happened before that it takes time before it pump again but surely the next pump will be much worth it,so we just need to work hard in saving now. It feels to me like many of the people on the forum are very much optimistic which is not really good for the future. I am not saying that being optimistic is wrong but my opinion is the neglecting the facts is wrong. While coming across a desert I can’t say that it is a lush green jungle with a flowing river. If I make it in my mind such a picture it will destroy me. So, it is better to accept that the bitcoin price is going down due the issue of the bitcoin and if these are not resolved then the bitcoin can never come to the price it had recently three weeks ago. |
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