Social media is influencing bitcoin growth, after all a virtual currency needs virtual path to advertise itself. Also, when altcoin try to do marketing things at that time people know about cryptocurrency which brings them to the doors of Bitcoin. Other than that when people share about their stories about getting rich from Bitcoin and explaining their experience in Bitcoin trading helps to bring newbies to this platform.
A lot of the advertisements from altcoins can be found all over social media and has greatly contributed to the popularity and growth of bitcoin. People get curious when they see the ads and promotions about and may sometimes end up being interested in buying or investing some bitcoins. It can be said that social media has contributed to the popularity and growth of not only bitcoin, but the whole cryptoworld. |
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Right, it might happen. Nobody could foresee that the hype around Bitcoin will be so fantastically great! A very few people want to sell BTC, and almost all want to buy it. Therefore its price can reach new heights.
Everyone is speculating about the 20k and this thread has gone above and this shows that investors are more hopeful for the price to rise more but as in my region bitcoin has become so precious that only millionaire can invest into it and this thing show a threat toward the statement that bitcoin will give benefit to everyone so all those who don’t have so much money to buy they are also worrying how they will survive. Bitcoin gave almost 10 years of affordable prices, if people did not get in that is on them, I do not have a lot of bitcoin but I was able to get some before the price exploded, so people have no one to blame but themselves, many are going to say it was unfair but all of those that invested when the price was lower took a chance and now are being rewarded by their trust in bitcoin. Those who are saying that it is unfair are those who are bitter because they're weren't able to join the party. If it weren't for it's price that it is in right now, it wouldn't be that popular or attractive. Not everyone gave it a second look years ago and it was ignored by skeptics. For people to say that it is unfair would be selfish, because they weren't able to gain for themselves. |
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I guess the reason is that it has the highest demand in the market today that many people are investing in it either through investment, trades or mining. Individuals trying to put up some budget-friendly rigs to mine bitcoins while others were patiently doing some campaigns to earn and have a small share of the market.
Just recently, the increase of new investors on bitcoin have contributed to the price increase. More and more people have been wanting to buy BTC. Conversely, the high price of bitcoin has attracted more investors and sparked the interest of others. I guess a great deal of the positive feedback and good news about bitcoin has been contributing to the high demand. The fast growth of bitcoin is also due to the growing popularity and exposure of bitcoin. |
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My adivise is no. Unless you are earning millions already. Just be patient and save enough for you to start a business while doing bitcoin. Even if bitcoin value is soaring high you have to play safe because anytime the price will fluctuate. You can always do this as a part time. Anyway you can check everything online. This is a homebasw work or office work which you can just check this in your smart phone. You can it anywhere, i understand that there are some work or regular work need ro move from one place ro another. It is for you to decide if you quit your regular job. But my advise no, is not yet.
I think before you make decision if you going to quit to your present job, think it twice or many times if its worthy to quit and take the risk in bitcoin. And its not good idea to quit to your job if you are just starting in bitcoin, unless you have enough saving from your previous job that can support your daily needs. I will not advise anyone to quit the real day job only because of bitcoin earnings. Even though bitcoin earnings are more than regular jobs in most part of the world, i will still advise people to do both works. These days jobs are hard to find by and you people are lucky you have two ways of earning the money. So why lose one opportunity by quitting it. Others choose to quit it in order to dedicate more time on earning bitcoin such as trading, mining etc. however I would also advise against it. Although earning bitcoin is profitable, it's risky and unstable. A day may come when you may no longer benefit from it, so it's best to maintain your regular job. Do not depend or rely on something that is risky, you may have a hard time covering for your expenses in the future. |
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For me it would be a good economy because it has great value and bitcoin is more convenient to use. How about you what do you think? Share your thougths.
If cryptocurrencies become more mainstream and easier to use and safe, we are going to see people using cryptocurrencies instead of banks to store their money. Not everyone will do this, but it will have an impact on the banking industry. Banks will have to evolve to keep up and of course some will go out of business. Another thing that’s going to happen is that businesses will begin to used cryptocurrencies as a method of payment. This will impact the credit card industry which is also the big banks. We will see other impacts in the way we send money and information around the world. There will be impacts in ways that we haven’t thought of yet. I imagine the world to be very technologically advanced by the time bitcoin is totally adopted. I guess an impact it would have would be that it may hurt the small enterprises and industries, unless a way were to developed for those to accept bitcoin as a payment system. Just imagine street vendors having to accept bitcoin. It's either their businesses get killed or they survive by adopting. |
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Username : Sir Cross
Current Rank: full member
Current Post Count: 178
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Bitcoin reach 10,000$ for a short time next will be on 15,000$ by the end of this year. Bitcoin can be reach that as long as those holder can hold their bitcoin in a long term.
No its not like that, maybe the holders can play a great role in BTC's price but I think even if a whale dump all his BTC's, it will just create a wave and then the price will rise up again. The price is surging not because of the holdings/holders anymore but because of the demand now. If you will read some news the adoption is getting bigger and the adoption is getting wider. That means BTC will rise even if the so called whales will dump their coins. The only way is the moon. The whales have great power over the price of bitcoin and if they decide to make a dump, the price would go down and follow suit. Their actions are made to their advantage, so it’s favorable to them. They’ll make a dump when they want to buy BTC at a low price and profit. It would still make an impact but as said, the price will just continue to rise even so. The increasing popularity of bitcoin has contributed greatly to the rise of price now, and this will jist continue for the years to come. |
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You could say Bitcoin is hyped, in order to increase the price. But this huge price rise is not only because it was hyped. Bitcoin has an enormous potential and the fact that it's a decentralized currency, which made it so popular, have made this high price possible. Also because the financial institutes saw a new product to make big profits with.
The hype over bitcoin has definitely contributed to the increase of price but I believe that bitcoin is not overpriced. It has sparked the interest of many and made a lot curious about it however it’s still very much in the dark. Some investors experience FOMO upon hearing it and are eager to invest on it immediately. It’s becoming more and more popular because of this. |
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If on the fifteen of this December bitcoin will hit $18,000 then that will be enough to see bitcoin hitting at $20,000. There is a chance that it will happen but chances are chances, there's no guarantee that it will happen. But base on what happened for the whole year, bitcoin has been increasing real quick from $1,000 - $3,000 quick and $3,000 - $5,000 and now we are at $11,000 close to $12k.
Chances are chances and anything could happen to the price. For all we know, it may even go down. It's really hard to tell and predict but looking at how far the price has gone this year, it seems to me that it has gone too high and perhaps it's time for it to stabilize a bit. I think that it may go down a bit, especially since it just hit an all time high of $10K already. The price increase has been so quick these past few months that it still surprises me. Who knows, it may surprise us again by the end of this year? |
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Wow brothers and sisters, 2017 and Bitcoin reached the 10,000 USD mark. Congratulations to all Bitcoin enthusiasts all around the world, it really has hit mainstream now, has it  Oh our Bitcoin, the world knows you now! So you're happy with this value. I suggest you don't put your hopes up better stay down. There's many resistance waiting for bitcoin. Maybe most of us forgot about the fact that its price is unstable it can decrease also. I am not against the bitcoin just telling you always aware about this fact. Also Such fast movements of price will not be stable in long run. Because the price is really unstable, the price went down after it reached $10K but we shouldn't be worried about this. It's normal for the price to go up and down, so the price dip that occurred was not so alarming. If you feel satisfied with that kind of value, then I advice for you to sell quickly. The price changes so fast and it's going to be hard to tell when the price would that amount again. |
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It may not. There will be new rich gentleman because of bitcoin but the distribution of wealth has something to do with the system and society. Unless this changes, the poor will just continue to become poor or even poorer while the rich will just continue to become rich or even richer. With this kind of society and classes that we have, it makes it hard for the people to level up to a higher class, even with the presence of bitcoin. The wealthy will always have power and privilege, and even with bitcoin they have an upperhand because they have the capital to invest on it.
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I think many people think that gold is better than bitcoin because gold has a special shape and high value. And quite stable. But bitcoin is actually more valuable than gold, but bitcoin is virtual money and people are afraid that it will disappear. That is why they say that gold is better than bitcoin
Not completely true. Not sure what you meant by shape, but its value also does not mean anything. Bitcoin also has a very high value, but people still hesitate to invest on bitcoin. Its just because of its stability, many people fear to lose money, where as gold has more stable value. I think he meant that gold is tangible. It's solid, physical and can be touched so people believe in gold more. Some people have doubts on bitcoin because they don't believe in it or they think that it doesn't exist. |
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Before november ends, Bitcoin price already reached $10k, in my speculation BTC value would increase more in the month of December but it may goes down a little lower in some dates of December for this year but it won't be less than $10K to sustain demands of Bitcoin users. But, Im hoping it would be double before the year ends.
For the price to reach $10K by the end of november would be very high for me however, it's not impossible for that to happen. With the current trend, it's quite possible for the price to keep going up. By the December, I expect the price to increase even more because the cryptonews so far has been indicating that it's good to invest in bitcoin and I think that bitcoin investors has been increasing. Since the price has been continuously getting high, there may be a price dip or price correction right before we hit the barrier of $10K. |
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Bitcointalk Username: Sir Cross
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Added and current posts count is 167. Please reply to this with your btc address Thank you for accepting btc address: 3Bf62ofFiXGh5Z1BkPiEzFcZ8D7XELNU6L |
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It really is risky to invest all your savings because in investments, there is a chance for you to lose your money. Your saving should be there to help in times of emergencies or when you don't have any last resort. Once there comes a time when you would need to have extra cash, this is when you use up your savings. If you use it all up on investment, you may get in trouble once a time of need arises.
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Bitcointalk Username: Sir Cross
Position to Apply: full member
Your Current Post Count:166
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Finally, after too much pump on bitcoin cash this past days from new accounts made for that particular reason the fork coin “Bitcoin cash” will soon be back to its well deserved arrangement as shitcoin. They’ve tried and soon will make the same scenario and have the tendency to failed again. Bitcoin is still the king and always be for many years to come in the cryptocurrency world and investments. Tired of Bitcoin is a bubble FUD by this menions.
Yes, it's the well expected dump that came along with the BCH pump. I'm honestly surprised it took this long for BCH to drop back to sub 1000, I thought that would be hit within 2 days of the ath. Doesn't really matter anymore though. All that matters is the fact that BTC is going up while BCH is going down; people's faith in bitcoin has been (somewhat) restored and we can live as we used to before this whole fork dilemma went down. Even with the great number of FUDs during the BCH pump, I don't think that many have "lost" their faith for bitcoin. Many just wanted to profit from the incoming pump but a lot still don't believe in BCH and remain to believe in bitcoin. There were a lot bandwagoners who rode along with BCH wagon back then but most of the bitcoin users I believe are still loyal to bitcoin and would choose to keep their investment there. |
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Bitcoin has already proven its worth to the people for the past couple of years. I think this is a good sign that people are getting interested in bitcoin because more users makes bitcoin more alive. This only means that the application of bitcoin will be increasing for the next months or years. If people continue to support this trend who knows what it can achieve.
It is quite noticeable that bitcoin has been gaining some popularity these past few months and this may account for the numerous google searches for bitcoin as compared to gold. Gold is something that is already known or familiar with by most people whereas bitcoin is foreign or never heard of by most. This explains why many would search about it in google. I agree that this is a good sign and this may pave the way towards better bitcoin adoption across the globe. Let's hope that many more would support and choose to use bitcoin - the bitcoin community may expand even more because of this interest and curiosity sparked among the people. |
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I additionally believe that going for a loan is pretty dangerous but it completely depends on the situation. If you have a great work and you're loaning money to buy a home and also you you can now repay it it's not an issue. Loaning cash with no money will enable you to get directly into trouble.
I don't trust loans. Personally, if you are capable to pay in full then do so already as much as you can. Paying in full would save you the hassle of having to pay your loans or prevent you the risk from falling into debt. It really is risky to get a loan and I have this fear of the loan company to suddenly close down resulting to a very big loss. If you earn regularly and are confident that you will be able to pay off the loan without any problem, then there shouldn't be any trouble for you. |
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