before we decide to follow and transact with crypto currency then we must know with risk and how to get profit, and from all that if we want to be successful in crypto then the most important is patience because patience will make you become more calm and can think positively
Or it can make you a little bit too relaxed to see the dangers of losing your money for good. I think there has to be goals to exercise your patience on or you'll likely end up with nothing. Like for some icos and tokens. I've beem patient enough with a fee icos that i missed selling them until they don't have any value anymore. |
|
|
|
Bitcoin prices have been in a free fall and dropped to a low of $5,860 a week ago.
It meant it dipped below $6k for the very first time since October 2017. Cumulatively, BTC has lost 70% of its value in 2018 and the peak of $20k on December 17 is just but a stat now.
only the person whose soul is disturbed that says bitcoin dies. stop to spread the panic you are experiencing right now. Well dropping 70% is not an indication of being dead, especially in a market that's as volatile as crypto. It can move upwards past 100 or 200% in days. This has been and probably will be an endless discussion of critics and supporters of bitcoin |
|
|
|
Maybe you're right. But I think the whales will never let the bitcoin fall below $ 6,000. If the price drops to $ 5000, then all whales in the crypto market will lose a lot of money. Yes, for the moment I do not think so because now the bitcoin prices have not gone up yet but I hope the bitcoin will not come back down again until it touches $ 4000 so than that many people are investing in Bitcoin with a short run and wait for the bitcoin price back they also hold their altcoin up all of it back up Well it's already gone from almost 20k to below 6k so a 2k drop isn't impossible. But i think the possibility of the price steadying and then going back up is higher than a disastrous 4k decline which may cause people to panic a lot more. |
|
|
|
The price is less than $6,100 at the moment and i think that it will keep going down on the next few days, we just need to wait a little bit more. But, we can not speculate much about what is going to happen because the market is more than unpredictable
It hasn't gotten below 6.1k and making small steps to go back up. If things go well no other news of exchanhe hacks or bans come up, we may well be on a slow, steady climb. |
|
|
|
There is a chance for it to become mainstream in the next 10 years. It won't be an usual sight though, given how much popular this market is and how much its demand is growing more and more with every passing day. Nevertheless, this will not hamper the market in any way.
I'm not even concerned if it can since i'm pretty confident that it will. 10 years is a long time and it may not even take that long before btc becomes mainstream and gets adopted by most country's governments. |
|
|
|
I definitely believe that bitcoin market price value may surpass during the last year all time high in which it had able to reached $20K of Q4 last year. Since many people had been inspired and believed it's capability, many people were now encourage to invest in btc because they believed it's performance growth could make their investment earn good profit.
Well i don't think many people expected how things turned out last year so anything can still happen this 2018. Though i doubt that there will be a repeat since contrart to what you've said, this stretched correction actually made people see the risks of investing in crypto. |
|
|
|
“The biggest misconception about cryptocurrency is that it’s just a passing trend, which is an emotional reaction to the paradigm shift that’s ultimately taking place. Cryptocurrency is here to stay – and as every minute passes, hundreds of thousands of new users are adopting it."
- Ron Chernesky, CEO of investFeed
I think Ron has hit the point in here. Indeed, people are now starting to realize that Bitcoin or cryptocurrency in general is already here and it has no plan to get dead or go away soon. I am sure that many people are quite apprehensive about Bitcoin and that can be normal because Bitcoin is something still new and it can take for people to adopt and thrive. Cryptocurrency has finally arrived and those in the forefront would reap most of the benefits resulting into the use of Bitcoin and other alts. I have the same opinion with Ron. He gave a very accurate statement about the thinking of those who left the Cryptocurrency market. Most people think that the Cryptocurrency market only lasts for a certain amount of time and then collapses. They make big mistakes and that will make them lose the chance to become rich. It's not just about becoming rich. Crypto will be here to stay because it's technology will advance the way we do things. More than the monetary value of each and every coin in this market, the technology it uses will better the way we do things in the future definitely it's way different from those bubble collapses in the past |
|
|
|
I disagree with the statement of the OP , If ever we all HODL our bitcoin so it means the supply in the market will go low but since the demand is high they will start to increase the value of bitcoin and that is the time bitcoin will pump and that is the right time to sell.
It could create a majot problem and imbalance in the market. You can't succeed in bitcoin by just holding it because you will just turned out to be a collector. You must sell it so that your bitcoin will have its function. Selling it makes you earn a profit so you should go for it. Don't just hold learn to sell. Yeah. It will stall the movement of btc and in general won't really be good for the market. Though we can't force people not to hodl since many investors really are looking towards the future, it's essential that the supply of btc moves as well. |
|
|
|
In reality the pessimism is not about the bitcoin price but the pessimism is about the dozens of shit coins and scam ico's daily...i thing that this is the time to do somthing about that because ther is a lots of stupide investors lose their money there
Stupid investors don't have anyone else to blame but themselves if they've invested in bogus icos. The warnings have been all around crypto world to be cautious and wary when investing and to make thorough studies on which coins you'll put money on. Sad part is, it makes bigger news when these lazy people lose money, making a lot of people think that this market is just full of scams. |
|
|
|
|
Well if you've been keeping yourself updated, mtgox isn't going to make a selloff since they're now supposed to give back the btcs that their previous users lost in the debacle. And it's not until next year. And we aren't even sure if these users will all sell their bitcoins once they receive it.
|
|
|
|
Bitcoins is not yet a legal currency cause not all countries, world bodies have accepted or recognise it. You wrote so much and how come you fail to understand that this coin cannot be controlled by anyone, no one can manipulate it and most of all governments cannot find out who owns it or make you pay taxes. There is a huge hassle process and it's expensive to track it, make a whole set of laws. You get the point don't you.
bitcoin is not a legit currency because it is not legal worldwide. For me bitcoin will be a legit currency if all of the government made an agreement about the legalizing of bitcoin worldwide. For now perhaps yes. And with an extremely high volatility, it will be hard to consider it as a legitimate currency. People don't see it as such anyway. Btc is seen as an asset where people can make money from either by trades or holding. |
|
|
|
He's holding more than a million Bitcoins and you know what happens to Bitcoin if he massively flushes it out to the market. Bitcoin can return to $ 1000 immediately
It'a funny that you even think satoshi is a real guy who holds bitcoins for himself. No one has seen him and is very likely not a single person or not even real. This has been a common knowledge already for long time crypto people. |
|
|
|
Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. How fucking stupid is that? Anyone investing in crypto should prepare to gain 10X their entire investment. This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment. WTF is wrong with journalists today? Lol. You really believe that? I think it's more stupid not to consider worst case scenarios in crypto because a lot of times, they're the ones that actually happen. Prepare for 10x profit? Yeah right lol. |
|
|
|
Absolutely! Why? First it is the base cryptocurrency of all coins and token in the market. Second, it is one of the pioneers of the cryptocurrency world. Third, because of its outstanding value that don't drops in thousand, maybe a bit but it volumes up in series of time. And lastly it WOULDN'T DIE, NEVER!!, lol.
Outstanding value that don't drop in thousand? You are aware that we've plunged from almost 20k to below 6k right? Being the one that started this market and it's popularity is what's going to make sure btc stays for a long time but it can very well be replaced in time. |
|
|
|
I was going through a African airport today, on my way back from a project that we launched in Kenya and I saw this book in a little book shop, Mr Bitcoin: How I became a millionaire at 21 by Mpho Dagada http://jacana.bookslive.co.za/blog/2018/06/07/launch-mr-bitcoin-how-i-became-a-millionaire-at-21-by-mpho-dagada-7-june/Even though this might not be one of the best books that I have ever read, it shows the success that might be possible, even in countries where you might never have thought that it was possible. I spend most of my flight home reading the book and it made me think that more people should write books and articles on their successes with Bitcoin to increase adoption. People like the rags to riches stories and it motivates them to achieve the same level of success.  Not with bitcoin though because as much as there are rags to riches stories, there are also a lot riches to rags instances. And these are broadcasted louder than the rags to riches stories that you're talking about. |
|
|
|
Better not to put it all in one investment or all in bitcoin or crypto investment. As what the saying says never put all your eggs in one basket. And also only invest money you can afford to lose.
With how slow your money moves in a bank, i don't consider it to be an investment. More on storage perhaps. Banks are safer for your money but interests will take years especially if you don't have that much in it. |
|
|
|
People have a chance to earn income by having BITCOIN as the passageway to get profit by investing, trading, buy and sell, mining, joining Bounty Campaign, etc. Thats why people are so crazy in performing their works using BITCOIN as their 2nd job opportunity in their daily living.
Well i don't think there are enough people who see bitcoin in that light. For the outside world in general, it's like an investment. And the hype it had last december showed people that it can make big money and can also be disastrous. |
|
|
|
|
Well his tweets were working and it looked like most of the coins he promoted did actually pumped, so why not make money out of that? Though recently i think it's just all about making any coin that pays him be pumped by hypesters and supporters. Waiting for 2020 to see if he's going to eat sausages for real
|
|
|
|
|
Well that's sweet. And a sudden change of heart by zuck. Though i don't think that's something to feel negative about because as large as facebook is, it will bring crypto awareness to more people.
|
|
|
|
I wonder why do you care about the lightning network just right now? the fees are super cheap, you do not even have to spend twenty cents for sending a little payment, so what is the problem with that? We do not need lightning network anymore, it was needed for last december when fees were over $80 for some transactions.
It's this ow because there aren't that much transaction being done since we're well inside a bear market. And the low fees are likely to be the effect of segwit. Ln would come very handy in the future once the value of btc goes on another bull run and the market rises up. |
|
|
|
|
Show Posts
