yes, bitcoin is the same as roller coaster. I think it has already happened since the beginning bitcoin has a price. but, the bitcoin roller coaster always goes up higher. and very unstable.
This is really the game of bitcoin and if you really want to make good money then you should learn how to ride on time. Every market experienced this thing but bitcoin tells the story in the different and better ways. This is really a great opportunity for us to so if you see some roller coaster movements on the price of bitcoin then you should enter, because in the future bitcoin will surely soar higher. And it is a game no one can change unless we see some little bit of balance later on in life, but for now, just like you have said, it is with a different story entirely and it is left for us to study the story and click with it to get the best out of it. To me, we haven’t seen anything yet as there is so much more surprises bitcoin is yet to give us, but we just have to be on the lookout for those rapid changes for our benefits. |
|
|
|
I do not think it is a good idea to buy now because the bitcoin price keeps rising.
If you already have bitcoin you can sell now and wait until it decrease again then buy back.
Isn't that contradiction? If you think bitcoin price will continue to raise it can only mean that it is good time to buy and not sell. OP i don't know what do you expect from answers, make your own choice: 1)If you think bitcoin will raise - buy it 2)If you think bitcoin will drop - sell it. Yeah that is absolutely right. You need to observe and make some analysis of how will all this work. There are some basic rules and if you follow them they can make some good results. These rules are simple but different. And they need some special attention to be implemented. Buy in hard times and sell at the peak times, just observe this rule in your trading and see how better everything would be. |
|
|
|
Not really, since Nov.01 2016 for example BTC rose from 739 to 8000 which is impressive at roughly a 11x increase, while if we look at arguably the next most popular coin ETH, it rose from 8.62 to 357 USD during the same period, which is a 41x increase. There are other cryptos that have gained 100x or even 500x meanwhile, that's why it might be extremely profitable to branch out into promising altcoins.
You're right, but I should have added if you hodled bitcoin since 2010, which I failed to mention. Bitcoin was the only widely accepted crypto currency with a good mining community, professional network, etc. during most of that period you mentioned since 2010, so that would make sense; however things have changed now with many new entrants to crypto space which in some cases have functionality and features beyond those covered by BTC. Also the stratospheric rise of bitcoin has made it pricy for most investors. It's fundamentally easier to go from 1 to 1000 $, than to go from 1000 to 1,000,000$ as a commodity or stock or any asset class; in fact the latter has never happened yet, although it could. Regardless it's perfectly natural to hunt for cheaper coins with an equally or even more promising future now. In the fact, the cryptocurrency has pumped a lot of value since 2 years ago is not Bitcoin. These altcoins have increased its value more than Bitcoin are Monero, Ethereum, Dash ... Because the Bitcoin price had high value in 2015, it can not increase more than other potential altcoin. As in the statement several other digital currencies have experienced a major price increase than that of bitcoin. But the value it has attained make it look bigger as well the market capital keeps it in the lead. For one who wish to make a million from $10000, it's good to invest in some ico or into some altcoins after a long analysis about its market. Depending on your preference, some investors like to holding their Bitcoin for long term more than other cryptocurrencies or ICOs token. They do not trust any cryptocurrency unless Bitcoin. It means they only trust Bitcoin and put all their faith in the future of Bitcoin. Not only altcoins, bitcoins on the other hand have more potential to make this happen. You have some big dream of earning a million from just $10k this is really possible. And like you have said, putting your money in some ICO will help you more than investing in bitcoin because it seems you want to make this much money so urgently. Bitcoin requires time and your dream may late. |
|
|
|
My favorite type of gambling is on betting on sports and especially on cricket and tennis as I follow this games since my childhood and I am aware about the strengths and weakness of the team or a player which makes it really easy for me to judge what the end result would be and majority of times I have made good profits by gambling on both the games.
s Betting sports is entertaining especially if we are betting on the fight of our favorite team. I do like Sports betting too. Gave me the thrill of not only watching may favorite team winning but also the thrill of winning with the bet that i made favoring my favorite team. Aside from that I do like dice and slots too. Betting games that is if you bet on your favorite sports is the most entertaining type of gambling. Here you know that which team is going to probably win. This is the only gambling where you can use your skills and experience about the game and pick up the team which is going to win the game. I don’t like playing in casinos or dice roll games etc. |
|
|
|
Well I think this is impossible, come to think of it our country was prone in different natural Disasters and cashless society will always rely on electricity, how if a earthquake or typhoon hit a certain country and power source of electricity was lost how they can buy foods if the access on their money was not able? Secondly the scamming many of us always overcome the weakness of someone let us face the reality that we are all not literate in using technology especially the indigenous people It might sure that many people will overcome their weaknesses because of poverty and greediness. To sum it all cashless society was very impossible at all.
This is a fact that banks are all the time taking your money in the form of some policies which are often useless. Governments are also always keeping an eye on your wealth and they are that’s why afraid of bitcoin because it is decentralized and no one can control it. This is the only reason why many people are in favor of bitcoin and other digital currencies. I am in favor of society where we can enjoy both currencies. |
|
|
|
Yeah! It’s clear. In the world Bitcoin can not replace the currency. Because it’s a only based on internet currency. It’s not looks like a another currency like dollars. And it’s price not stable. To earn and sell Bitcoin need a internet connection.
That is true it can never replace our currency who issued by our government because our currency is one of the identity of a nation. But bitcoin can be a alternate payment for paying online. And also because of its volatile in price it cannot be replace in currency. fiat will have its place and will continue to be used as is. While bitcoin is really a good alternative with fiat - but what I am really seeing and observing is that people who got a hold of bitcoin preferred to just invest and hold their coins than using it like an ordinary fiat money for their daily regular expenses. Bitcoin is the one why h is frequently being sued in the developed countries where already plastic money is very common. Bitcoin is not going to replace paper money soon in the countries which are under developed. They have many other problems which need to be solved before making bitcoin local in these states. I am in favor of using bitcoin and paper money as a combination. |
|
|
|
Bitcoin would absolutely teach kids about saving because that is what bitcoin is currently in, a store of value phase. Kids definitely need to understand why BTC is sound money and what makes it such a good place to store value and wealth for long periods of time. You never learned this with gold and FIAT because those were centralized and they kept people quiet about what was really going on, but the net changed that.
Yes, it can play a great role in teaching kids that how to save their money. For kids as compared to paper money using bitcoin is a bit harder and it would fell them about their excessive usage of money. Moreover it also greatly depends on the nature of a kid, if he/she is having feelings then it could teach them how to save their money but if he/she is feeling less then it can't help them. |
|
|
|
Don't worry guyz, Why are you panic? Bitcoin is not a joke, it will be back on that price some day. sooner or later. Its just the aftermath of the segwit cancellation.
I think this is just a correction happen as bitcoin will always volatile. So I believe it will be back on its track to rise high. When we panic and sell you will lose so hold for btc is good. Yes every currency face the same fate of ups and downs, sometimes it rises to peak and sometimes it is pushed down. All what its worth depends on the number of investors in the market, more the number of investors more is the demand, and its worth increases so speedy. Bitcoin cannot end though rise and falls will come but that doesn't mean the end of currency, so hold your bitcoin when its price fall because it will boast after fall to a very high price. |
|
|
|
If I planned on buying some coins today. Which would be the better long term investment, and why?
for long investment bitcoin is very good. now the price of bitcoin is very high. you can get profit if you invest at bitcoin. just buy and sell. you buy when the price is low and sell when the price is high. In my opinion, there is no other better investment than that of investing your money into bitcoin. It doesn’t matter actually whether you are going for long term investment or short term investment. Bitcoin is the most populous coin of all the times and this is the only coin which can help you in making your dreams come true. All you need is to believe in bitcoin and it will change your life. |
|
|
|
I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
I really love bitcoin because it is very convenient to use, no need to bring some cash. I can also pay my bills thru bitcoin. Exactly! The one thing in which paper money can help you is spending of that money in order to have things which you do need in your life. There is nothing profitable which you can get in return by having cash in your pocket. On the other hand, having bitcoin actually means that you are continuously increasing the amount of money which you are having. Increase in the market price of bitcoin will result in more profit. |
|
|
|
the gold price is unstable, and can be played by the mafia, and the bitcoin will be stable even though it can come down unexpectedly.
I think, I prefer bitcoin, because it is much safer than the other investment
I must say that it will not be only you who will go for having bitcoin in his wallet. In fact, there will be lot more including me who will prefer to have bitcoin in their wallets instead of gold. Gold is also a good way of investing your money but the thing is gold is having a stable market price and it cannot help us in making huge amount of profit. Bitcoin on the other hand is the best way of investing money. |
|
|
|
I think because Bitcoin, like any other traditional currency, can be used to launder money. Bitcoin is not provided with anything and no one is responsible to the owners of electronic money. Transactions with the cryptocurrency can be speculative. The absence of a control center in the system. The threat to the existing financial system.
This is one of the major reasons why bitcoin is to common in some of the countries. These are especially those countries which are developing ones or underdeveloped where people do not have internet connects available all the time and literacy rate is low. Bitcoin can only be sued by those who are educated and have some knowledge of computer but with increase in literacy, these countries will also use bitcoin. |
|
|
|
Yes bitcoin is now useful today. You can now transact even without cash. Many establishment now were accepting bitcoin.
Haha! This is really a big benefit of bitcoin for community that you can easily pay bill online using the most famous and profitable digital currency. I know many people who are fond of clearing their all bills with bitcoin. According to them the transactions are really faster and the best thing is that there is no involvement of any third party. Bitcoin has countless uses which are not possible to be listed altogether. |
|
|
|
Actually it its, but you can do bitcoins now you didnt know that someday the bitcoin will have a great value
Indeed! It is the best time to buy bitcoin and join the bitcoin community which is the community of most successful traders and crypto involvers. Bitcoin is at present showing some decrease in value because it is just getting prepared for a huge leap of 7000 dollars. Those who want to end up there 2017 in good words and with epic memories, they should buy bitcoin right now without wasting even a minute. |
|
|
|
Yes, because a lot of people are showing interest and getting into bitcoin. it becomes more popular day by day. I guess the number one reason here was its growing value. We all know its rapidly increasing in just a shorter span of time. That value attracts a lot of people, those who want an extra income.
Yes it’s true that every day we can see newbie in bitcoin because bitcoin is going to do something extra for world and to the people so there is no doubt that bitcoin will be more strong with high price and that’s why people are going to take interest in bitcoin so bitcoin is full of good advantage’s and it always help to the people any time and any place. |
|
|
|
Unfortunately, many counties have banned and will be banning the use of crypto currency.
So far, these countries have banned crypto:
Vietnam
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
These countries however do not have a major influence on crypto as they are third world countries and most investors/influences come from the West/China.
Do you guys think as it becomes more of a reality that crypto is the future of currencies, more countries will ban the use due to fear of losing control? Do you think as it becomes the normal form of currency, these countries will lift the ban?
What do you think?
Yes it’s true that many countries banned crypto and I think bitcoin also face such an incident but its also fact that bitcoin is not like other crypto because only two countries have banned bitcoin and the rest of every countries have accepted bitcoin and some of them make it legal so I think bitcoin is reliable safe and sound and acceptable to world. |
|
|
|
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.  what is your opinion? Its not really bad on spending too much time on trading since there are are active traders which do really spend their times on doing trading. This would really depend on what kind of trader you are. The suggested thing on here is when you do know how to stop specially when your mind or brain is quiet tired on doing trading because once you are tired you cant execute trades properly which causes mistakes. which causes for us to lose up money. That is right. There is nothing wrong on spending too much in trading. Honestly you can earn a lot by simply trading. In trading, not only the volatility of the market is your adversary but also your emotions. Too much emotions, too much greed may lead you to too much losses. Sometimes, even if you know what you are doing but you can't control your greed may lead you to loss. So I suggest learn how to control your emotion first. Yeah as much as you give time to it more profit will come to your court and spending a lot of time has no issue because all you want is to see the market critics and take the decisions and I personally do same thing in my office on one tab I am working and on other one market I am analyzing market and there is no offence in this if you are aiming big then you have to stay up to date to the market rate all the time, |
|
|
|
I cannot spend my BTC to buy snacks,supermarket's here have not received BTC payments well there is actually a plan a group of people about opening a BTC supermarket's but the plan has not been realized.I would love to buy food sometimes thirst it's very important,hopefully there are billionaires who are willing to open a supermarket in my country that accepts payments BTC.
Amazon is adding Bitcoin as a payment method. Some patience. That is such fake news, we have been hearing that same bs for years with nothing to back it up. Bitcoin.com almost writes 1 article a day about this nonsense. This is just a speculation but there is a chance that they will add bitcoin because of its popularity now, last year and this year has a big changes already as we have made ATH of prices this year and it's continuing now. For me, amazon will not resist this opportunity because it will also increase their sales as people would surely prefer to use bitcoin in transacting online. Bitcoin really is great for doing a transaction online. We will just need to wait and see how it turns out and what Amazon's decision will be. Just enough demand and popularity then surely it will be realized. I think everyone have a daily need and he must use bitcoins for his daily use I also using bitcoin for my daily use like paying my bills and using in for kitchen expanse in my country bitcoin can be use easily anywhere any place it’s very easy to use in restaurants as well so I think we should use bitcoin for our daily expanse. |
|
|
|
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
It won't destroy altcoins. The bleeding that we are seeing in altcoin is due to the fact the altcoin traders are going into bitcoin scene because of the anticipation of segwit2x which they can get free money out of it. But once the looming fork is completed, there no way that they will stay on bitcoin. They will of course goes back to altcoin and the market will see all green again. So bitcoin won't kill altcoin, this is just a temporary hiccups for the altcoin ecosystem. If we look at the market value as well as performance of bitcoin, then we’ll get to know that it is the top rated coin in the world of crypto currency. There are number of investors who are investing a major portion of their income into bitcoin. Altcoin market is no doubt greatly affected by bitcoin. It is because there are very less number of investors who are willing to invest in altcoin because of the presence of bitcoin. |
|
|
|
|
Show Posts
