the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
That is only one of the reasons behind Bitcoin's crazy as f*ck growth in its value. I am sure the number of investment companies and corporations are growing all the time since Bitcoin's price is also growing very fast. They have started to believe that Bitcoin is after all not just a bubble. Individual Bitcoin investors are also growing remarkably. And to think that the total supply of Bitcoins and the amount being circulated do not grow anymore, there is no other way but for Bitcoin's price to really surge high. The demand is extremely huge. |
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I think we are not in the bear market anymore. The bear market was in July and August I think. It was the time when market really fell down hard. August is still in the bear market and it is at the same time the ghost month, as according to the traditional beliefs of the chinese. There is a negative effect to the market during these times. But in November and December, the mood will be returning to the positive side of things. But in terms of protection, you may use Tether or convert them to fiat for stability during bear months.
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There are so many factors I like about Bitcoin. But the best is perhaps its being peer-to-peer. This is an extremely radical step toward emancipating the entire humanity from the suffocating influence of the banks and the government. We may not be aware or even tired of these institutions intervening in almost all our monetary transactions, but the truth is that their eyes are always on top of us. Bitcoin changes all these, giving the power to every individual using Bitcoins.
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Trading is really complicate,
very dynamic and almost unpredictable.
I don't like it.
I also prefer HODL.
I agree that trading is complicated. But there are certain chart movements that do not require complicated analysis and interpretation. If a certain coin's price jumps too high very quickly, it is almost 100% certain that there will follow afterward a big dump. That is basic interpretation. That is applicable to all coins even to Bitcoin. The most complicated part in trading is if a coin is moving sideways. It is difficult to predict where the line goes next. |
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I thought it would take until the end of Dec to reach the five-figure mark but it looks like it will be up to the mark tomorrow itself.
Will the price decrease after 10k? because many people are waiting to sell if the BTC reaches the 10k mark.
OR
Will it's price is going to be increased more after that!
Is it too risky for a middle-class person to buy 1BTC now because of the stakes!
Do not worry. $10,000 is not the end of the world nor of Bitcoin's growth. I even saw it went beyond $11,000. The speculation that when Bitcoin touches $10,000 there will be a dump proved to be another false one because it did not experience any dump at all. In fact it went higher before dipping. Right now, we are back at less than $10,000. But a little later, we will again break another All Time High. December will close with Bitcoin reaching more than $12,000. |
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Eth is going very well. And actually i just shocked when i saw the price is 400$ , because i never think eth can be pump like this in 2017! But now it's happening.
So, what do you think , can eth touch 500$ mark in new year ?
It does not have to be that long before Ethereum can touch that level of value. As of now, we are still in November. There is still a couple of days left to be exact. And so far we are only a few dollars short of $500. I am very optimistic that Ethereum will finally arrive at the $500 level before November ends. And in the month of December, Ethereum might break another All Time High in $600 or even beyond. There is enough basis even if we move the maximum and yet realistic target for Ethereum to $650. The pattern is very bullish for Ethereum for now. I hope it will be sustained. |
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Bitcoin is controversial in that it is being decentralized and then it protects the personal identity of the people using it. It is controversial because it does not have to pass through such intermediate agencies and bodies such as banks. It is controversial because some illegal transactions are choosing to use Bitcoin. Moreover, Bitcoin is controversial because its value is increasing so fast that even the people who are discrediting it earlier are joining the bandwagon and bought Bitcoins too. At the end of the day, I choose it over fiat.
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If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
Bitcoin is already an international currency as of the moment. There are no limits as to where Bitcoin is used for as long as the country is allowing its use. There are no local versions of Bitcoin and so therefore Bitcoin is internationally used for that matter. If you send some Bitcoins to a friend or business partner or anyone else in other parts of the world, Bitcoin is still accepted. It does not have to be converted into another cryptocurrency for it to have value or worth accepting. It remains as Bitcoin. |
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Why not? Everybody can use cryptocurrency exchanges for as long as they are in a country where crypto trading sites are not deemed illegal. For as long as these crypto exchanges are not closed or being banned, then there is no problem for any American to use them even outside the American soil. The problem with an American staying in the US is that they cannot join ICOs because the SEC is not allowing them to. ICOs are illegal according to their laws.
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Bitcoin already hit $10,000, in fact even more. For LiteCoin I think we are on our way to $100, an hour or two from now perhaps. The last time I checked, Litecoin was still a little more than $96. The big names in cryptocurrency are rallying very great. Bitcoin is hitting $10,000, Ethereum going $500, Litecoin going $100, Ethereum Classic going more than $30, Stratis going $10. I like the way cryptocurrency is working right now. IOTA, CARDANO, etc are also rallying strongly.
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Expert explains theories behind Bitcoin surge...
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.
Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.
But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.
Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.
The demand of Bitcoin is at its highest for now. The fact still remains though, that the market of Bitcoin and the rest of the cryptocurrencies is volatile. It could go down low at any moment. But it all depends on the demand and the support from the people. For as long as the support remains solid and the demand is increasing consistently, there is no problem with a volatile market. That is the foremost reason why Bitcoin continues to fly high. |
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Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
I cannot give you a percentage because your need is beyond my knowledge. Just leave aside some savings in fiat as well because there are also some urgent needs arising every now and that you will really need some fiat. But of course, after your daily needs such as bills, groceries, budget for your children, transportation, and so on are already provided and some savings are also being managed, then the rest may be devoted to Bitcoin and other crypto investments. |
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I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?
Sorry if i'm posting in the wrong section, pretty new to forums here.
The amount is pretty good for a starting day trader. You will have to go through getting the hang of it. And so you need not start with a big investment or else you might find your starting capital getting smaller and smaller everyday. Once you get the hang of it and you have made significant progress, then perhaps you will add some more investment in your portfolio until you will create a big trading investment. |
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I mean, Governments may be interested in crypto and bitcoin, but a major issue comes with how it's being used. For all they know, it can be used for illegal purposes and that may scare the governments because it leads to a dangerous country. However, another reason that bitcoin makes governments nervous is that it can be used to dodge fees and taxes that go straight to them to fund their own projects and whatnot. It makes sense that they're nervous about it, but I believe that there are better solutions that they can come up with. Everything is having an issue as to how they are used. It is not just Bitcoin or any other cryptocurrency for that matter. As we look at the current situation, fiat money is widely used for so many illegal activities. Fiat is the one fueling drugs, terrorism, guns, alcohol, and so on and so forth. All these happened even before Bitcoin was invented. And even before fiat was invented, silver and gold were also used to support illegal activities. It is not on what really. Everything is on how. |
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I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
You and I know that Bitcoin is not going to die, at least not in the next decade or two. You and I know that Bitcoin is still used by a very little portion of the world's population, the larger portion will potentially provide a fantastic number of Bitcoin investors. You and I know that Bitcoin have yet to reach its peak. Now, why would you feel scared if you see Bitcoin dipping at $6,000? And why would you sell immediately? The highest point is still unlimited for now so I cannot see any reason why we should be pulling out our Bitcoins? |
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What are the chances of living in a world with no actual money ?  This could actually happen. Probably in the age of the future we cannot see any cash anymore. That is when the whole world will completely turn digital. Everything will be done online and using gadgets already. There is no place anymore for hard money which will become some sort of a hassle and primitive. But I guess this will happen in the time when we are not living already. This is of the age to come, like several generations more to go. This is the age which are portrayed by several sci-fi movies and novels. |
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Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
That is a very valuable lesson that life has taught you, albeit in a hard way. But that is still a very good thing to learn. Patience and Holding are two things that are directly parallel to each other. Being patient is required in holding, and if you want to achieve success in holding, you really need a lot of patience. And when you can be patient and hold for a long time, money is made for your effortlessly. |
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I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.
How do you traders do it, hold and hold and hold. Waiting around for more and more money?
Can you not control your emotions, mate? There is no point of us giving any tips when the only and most important thing to consider is to simply stay away from logging in to your wallet account. There is no point telling you anything that we do when at the end of the day you will still cannot control your emotions. But try this, dig a deep hole and then bury your wallet address and private key there in a bottle, and then cover them. Dig it back after 3 years. |
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I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .
There is no hard fork coming. I think what will probably come is a soft fork which is Bitcoin Silver. I am now waiting for some more updates on this since the news that first came out were at best fuzzy and vague. But I think more than the fork coming, the top reason why Bitcoin is seriously pumping in the past weeks is that the demand has really risen to an All Time High. There is no other to take for Bitcoin but really up since the coin is very limited and the demand is increasing every day. |
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China is not the powerhouse of Bitcoin. Rather, it is the powerhouse of substandard and fake brands. LOL. And oh, china is also the number one manipulator and controller of any fake pumps and dumps. There is no point giving enough attention to the decisions and laws of this country. Bitcoin is free from any countries and any regulatory measures of these countries. Bitcoin is born alone and became huge, taking support not from a single country but from the people themselves.
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