This market does not have the steam to break 10K Will buy back in when things are making more sense. Bitches are buying ETH and Bitcoin Cash BTC dominance is going down hill A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in! When you sit and see BTC go down 450 USD in a day you need to ask yourself WHY? Whales didn’t do it is called market sentiment. The whales spiked it 1000 USD in 5 minutes not long ago and caused this mini rally!
You should not sell all your bitcoins, at least let half and if later bitcoin price increases, you can still make a profit. But if that's your decision then do it.
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I was wondering, if you had an opportunity to sell your stuff alike cars, pc, homethings and etc., would you sell it for bitcoin (or maybe other altcoin)? The main question is to see, are you ready trade stuff for cryptocurrencies and how do you imagine it?
No, I will not sell my stuff to buy bitcoin, I just buy bitcoin from my savings, because I think investing in bitcoin is more likely to get a better profit than saving money in the bank.
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I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar. I will keep the spirit to collect coins for my future. although this month, bitcoin prices are worse than December of 2017, but I still believe it. Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)
The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last. Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year. "Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com
For my prediction bitcoin in 2018 the highest price will reach 18k-20k, because the price this year is not so stable. For the price of 60k in this year will be very difficult for bitcoin.
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
Yes, I want bitcoin to be the main currency, and I think that would be a very nice thing because we are more free to use bitcoin for various transactions.
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My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.
So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.
Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.
I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.
Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...
What is your take on this? Is this all a phase, part of how this game works?
I think that's true, crypto coins are another way to make money because the price of crypto coins is potentially on the increase and with that we can get the benefit of having it.
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When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
I think because the unstable crypto price is better, because with unstable prices we are likely to benefit from it, and if crypto stable crypto prices will not be as popular as this.
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That's the bitcoin the advantages and disadvantages are very difficult to predict, it needs a belief to go through it all, hold to gain profit, and do not panic with negative news that is not necessarily true.
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I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?
Do not panic, and do not sell your bitcoin for a low price. If you look at the bitcoin price chart, you can see that price changes, bitcoin may fall and can also increase again. So, just hold bitcoin for a while and you will get a profit in the investment.
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Good news is the eth uis gaining its momentum on his own line now i can see the chart as it was a prediction from a analyst he once told me to but eth in low price..... and im hoping to get some profit from eth as the preiction says that it will gain 1000$+ in this year
Ethereum is now experiencing a pretty good rise, and it also happens with other coins. I still think it is not yet time to sell ethereum because ethereum can still rise higher and more can produce a better profit.
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I have gathered informations about bitcoin that might interest you and what’s going on in the other side of the market Let’s see.
The bitcoin price is now up by approximately eight percent since the beginning of the week. At press time, the currency is trading for over $8,800, and $9,000 by Monday seems like a done deal granted bitcoin can keep up its current momentum.
Frank Cappelleri – executive director of institutional equities at Nomura Instinet – predicts that the currency is slated to go much higher, and will likely strike $9,173 in the coming days.
In addition, over 60 percent of analysts – according to a poll conducted by Tom Lee – feel that bitcoin could break $12,000 by the time summer rolls along.
“Large hedge funds have entered with deep pockets and strong hands,” says John Spallanzani, a portfolio manager at Miller Value Partners. “All positive signs.”
With all of these positive signs we can expect a good market gesture in the coming days.
And yet mining is once again looking profitable!
It's a bitcoin awakening, the market is greener and bitcoin will continue to rise and keep rising higher, and maybe by the end of the year bitcoin will reach 20k.
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When buying crypcurrency, Buffett said, "You do not invest when you do it. You are speculating. There is nothing wrong with that. If you want to bet others will come and pay more money in the near future, it's a kind of game. But that is not investment. " Are we participating in a game?
Bitcoin can be a good choice, because bitcoin values have the potential to continue to increase, and also bitcoin can last a long time and can make it possible for us to get a good profit.
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Bitcoin mining is based on very high energy costs and environmental costs.
One bitcoin =20 barrels of oil.
How many barrels of oil do you think the industry consumes every year?
10 barrels? 50 barrel?
Each year, the mining industry consumes more than 24 terawatts of energy, the equivalent of 13,239,916 barrels of oil.
Every 10 minutes, 12.5 bitcoins are dug up, meaning 20 barrels of crude oil have been reached since each bitcoin was dug up (not yet traded).
In other words, the amount of energy consumed by the global bitcoin mining campaign is 40 times greater than the amount of energy needed to support the Visa card network.
One bitcoin transaction = one American family USES electricity a week.
According to encrypt the currency analyst Alex DE Vries estimate an index, the currency trading energy consumed each year more than 24 tw, this is equivalent to total energy consumed each year in Nigeria, which has a population of 186 million.
Currently, about 300,000 bitcoins are traded each day. Each bitcoin transaction costs 215 kilowatt-hours of energy.
The average American household USES about 901 kilowatt-hours of electricity a month, which means that each bitcoin exchange consumes enough energy to make an American family comfortable for a week.
What do you think about the energy consumption of bitcoin?
I think that bitcoin will not destroy the world, bitcoin makes it easier for people to manage their finances, and how best to earn an income.
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OMG! btc prices continue to decline, most likely the price of other coins also decreased. we need improvement in the face of this situation. in my opinion 2018 really a lot of surprises.
2018 is not finished yet, bitcoin prices are not so good for now, but bitcoin certainly can increase and give big surprise in 2018. I'll be patient waiting for bitcoin surprises.
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HI GUYS, right now we've seen that bitcoin is very unstable , many people said that it will be dead sooner ? how come ? i cant stop laughing when i heard humors like this. FIRST OF ALL bitcoin is the first digital virtual crytocurrency that introduce in market . SECOND ALL COINS DEPEND ON THE PRICE OF BTC . THIRD MANY PEOPLE CHANGE THEIR LIVES BECAUSE OF THIS. FOURTH IM EARNING MORE THAN YOU DO IN YOUR COMPANY. have a happy tuesdays everyone.
I do not think bitcoin will die, bitcoin is the most popular coin and more likely bitcoin can survive. Bitcoin prices are unstable, that's normal because bitcoin prices depend on the market, think positive for better results.
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I have been waiting to buy ETH for last 6 months. Is it good time to buy ETH or shall I wait more?
I think buying faster is better, because we do not know the future will fall or ethereum is getting higher. I think the speculation is necessary to make a profit.
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In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties. This has become of the inspiring roles Bitcoin has been playing for some number of people and I think as time goes on this role can be magnified in other parts of the world as well. Now, what is this telling us. One thing for sure: During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown. Bitcoin can indeed be a savior! Yes, bitcoin provides a nice advantage, very helpful in restoring my falling economy and I can do business again, and true bitcoin is a lifesaver for me.
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Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic. What you can say? Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
That will not happen as long as bitcoin is illegal, bitcoin can not regulate the whole world, and I think it would be impossible to realize one currency for the whole world, because every country has its own rules.
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Based on the news, bitcoin might hit $50000 by the end of 2018. Is this possible? If so, what are the reasons?
I think in 2018 bitcoin will not be able to rise at the price of 50k, I further believe bitcoin can increase 50k next year. Maybe in 2018 bitcoin can only be priced at 20k.
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Bitcoin is changing the way we live. Bitcoin is changing the way we do business. Bitcoin is changing the way we travel and save our money/assets. Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties.
What do you make of this, huh? Share with us what you think.
Yes, bitcoin is a real change in my life, bitcoin gives me the advantage that I can use to meet family needs, and I feel comfortable using bitcoin as a transactional tool that provides security.
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Everyone who purchase the altcoin at higher price are crying now ,Is altcoin become too much risky ?
Maybe you can think more positively about altcoin, the decline in altcoin prices is only temporary, and the price will increase again, and you just have to hold it until the price goes up again, and you can sell it for profit.
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