A very very good explanation as to why BTC will crash even though blockchain is a good tehnology. If you do not want to read the full link below, here is the key part of the comparison: " … imagine that someone had found a cure for cancer and posted the step-by-step instructions on how to make it on-line, freely available for anyone to use.
Now imagine that the same person also created a product called Cancer-Pill using their own instructions, trade marked it, and started selling it to the highest bidders.
I think we can all agree a cure for cancer is immensely valuable to society (blockchain may or may not be, we still have to see), however, how much is a Cancer-Pill worth?" Clearly Bitcoin is like cancer-pill - and we have already seen thousands of new coins (cancer-pills) appear. Eventually their price will be almost zero. The full explanation can be found here: http://www.mrmoneymustache.com/2018/01/02/why-bitcoin-is-stupid/Previously, few knew about Bitcoin and really they used it and everyone did not care how much it costs. Now the housewives are on the market and say that it will all collapse. For them, yes, because it may not justify their expectations about the price and not allow them to make money out of thin air. But Bitcoin will not go anywhere and always find his user. |
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Looking for what purpose you want to buy it. If you need to buy something for the Bitcoins now or in the near future or you are going to use it as a way to store your money, then the sense is definitely there.
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It is necessary first to explain to people what scam and Ponzi are, and then to demonstrate how Bitcoin differs from Ponzi's schemes. Well, in general, these people are hard to change.
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Nightmare! More than 40 apartments suffered from a fire. It's good that no one died. In Russia, in old houses, bad wiring. Most likely it is the cause of fire.
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People are always afraid of what they can not understand. Well, in the case of the government, probably this is due to the fact that the banking system can be abolished because of Bitcoin.
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Most likely the reason for this may be robots that trade on exchanges and their algorithm is based on the Bitcoin's price.
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Price Bitcoin has not even reached the mark with which the last fall began. And everyone is already trumpeting that Bitcoin will cost 50,000 this year and immediately the news is good from everywhere.
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People are so funny. Five days ago no one believed that Bitcoin would ever cost more than $ 5,000. Only the movement started upwards from the correction. Immediately on all sides shout: Bitcoin will be 50 or 100 thousand this year! You wait a bit, suddenly he will return today to $ 5,000
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You are only interested in the price of the question. The technology of the Ethereum is more perfect and it finds application in a variety of other industries. But will the price of the Ethereum coin be higher than Bitcoin? Probably not.
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When Bitcoin was created it practically did not carry any economic value. People have taken interest in this innovative technology. For years people have been mining the Bitcoins and have supported the network only because of curiosity and interest in new technologies. Now this time has passed.
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They earn money by spreading information that will attract a huge amount of people's interest. They do not care what to write about, if only a lot of people read it.
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And who will need it without Bitcoin? The whole market depends strongly on it. Today people do not use Bitcoin because it's a cool technology. Everybody buys it because they hope to make money.
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I can not imagine what happens in the minds of people who commit suicide. It's so stupid and insulting. Deprive yourself of life because of some problem. While you are alive, it is possible to solve any problem. When you killed yourself, you simply created even more problems for those who are really dear to you and caused them unbearable pain.
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 I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should continue in the Crytopia this or not? I'm sorry. I understand how shit you feel. Last year, the man I thought was my friend stole all my savings. The advice that I want to give is don't be disillusioned. And in any case don't participate in Ponzi schemes! Hold your coins, the market must recover. |
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Do you think the fair price for Bitcoin is over $ 15,000 or $ 20,000? What to do for those people who bought for 18 thousand, and bitcoin will drop to $ 1800 and will be in such a range for decades? Of course, this may not happen, but certainly no one knows when and how much it will cost, accordingly no one knows how to do. When to buy and when to sell.
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A great idea to take a break from cryptocurrency. If you are not a day trader then you can check the charts once a week or a month and not think about the crypt.
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Yes, it is possible and it has already happened on some exchanges. Now the question: how long Bitcoin will last above $ 6000?
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