Bitcoin cannot be replaced with other altcoin no matter how good is that altcoin. But the truth is, the blockchain technology of Bitcoin is not that perfect. There are actually dozen of amazing coins better than Bitcoin. For example, DCR, to many it is the perfect example of perfect Bitcoin. But because Bitcoin is the first coin to arrive, people conditioned their minds that BTC is irreplaceable and the king of crypto.
Yeah, bitcoin has already shown many proofs of evidence In the market of Entire crypto currency that's make Investors believe and Investment In It. And since It was the first decentralized crypto nobody can replace It and the symphathy several Investors were totally developed, even they're now a new coin appear that's might possibly make bitcoin replace, I think Its Impossible to happen because what I've mentioned above. |
|
|
|
i watched that news before.
this will not be a cause for banning bitcoin.
there is no problem with the coin but the problem is the investors and the scammer.
bitcoin used as a form of currency online.
investors didn't think before giving their money.
there is not easy money that way.
you will give money example 1,000 and you just need to wait for 16 days and your money will be doubled.
wow! what a way!
We have watched that news too. We're kinda worried about what will happen to bitcoin in the Philippines after that news. But my partner told me that, the news will not affect bitcoin in the Philippines. It can't banned bitcoin in the Philippines. The problem was not in bitcoin but to those scammers and those investors. They just used bitcoin in order for them to earn huge profit in a short period of time. Investors can also be blamed on what happened to them. They don't do research on what they're investing. They just want to earn huge profit. It's been how many weeks after that news. If the Government of the Philippines has a plan on banning bitcoin, they should have done that week after that news. But since, we haven't heard anything from the Government, so there's nothing to worry about.& |
|
|
|
it is very good news who lives in Canada they will buy KFC chicken bitcoin but for me it is not good because i live in other country. i am eagerly waiting when our country will take this kind of policy where i buy KFC chicken by Bitcoin.
That was a very good news mate, you could Imagine one of the highly fast food chains was accepted bitcoin to sell their products. Hope It will be the beginning and I hope It will comes up here our country too, so that It could be an easy payment with hassle free. |
|
|
|
Yes they can do it easily but they need to calculate it very good because if they can create a cryptocurrency i think they need to replace it with their currency both of them can't work together.
Yeah, all Government country's has a potential to create a crypto currency If they wanted to. But, I think It doesn't mean those fiat will be ban by creating this digital form money, In fact Its just an optional or an alternative way of payment which mean a modern of payment. |
|
|
|
Most weak hands dive into cryptocurrency investment world just for bigger profits, though they need a feeling dare to the risk in it and a will to educate themselves about the investment lessons.
We are all Intend to Invest crypto currency In order to earn a profits that might our money make doubled or more than of this. A man that has a lesser patience are considered as weak man. And If we want to survive here In crypto world Investment, we must hold and more patience, don't easily mind those bad news spreading out in social media because Its just a fraud. |
|
|
|
Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
Its difference is mostly visible or evident with how its value is controlled. Unlike most currencies of different countries that are backed by reserves to stave of the effects of inflation that would help its value be more or less stable. Cryptocurrencies don't have that type of system and the usual basis for its rise and fall is related to how people use it in their transactions. The increased usage rate, therefore, transcends to better values. Plus, other factors like social media, news and other the like. I agree with your statement mate, In fact most likely why bitcoin Is so difference from other currencies In different countries because Of Its digital form of course and has a high market value which make us an asset to Invest on It, enable to earn a unexpectedly profits. And It is a utility to serve as a way to Invest some other altcoins that we like to Invest. |
|
|
|
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
I stated with 100$ just to make practice to learn the basic of trading.If you already well versed regarding trading and have massive investment then invest high it will be high risk but also high profit in short time.If you are newbie then start with small amount to know trading skills. That's right, just being Intend to know how to trade In crypto currency start with the small amount or else, wait for your first tokens that comes from the bounty did you participated. And use this to experience trading In crypto, after that you will realize, how easy to trade In crypto currency, juat like what I've experience before. |
|
|
|
Why not ? They know that the price of bitcoin is going higher this coming months, so that they buy bitcoin now that the price will low.
I think no one could precisely predict bitcoin If when Its going to rise again. They Invest bitcoin by the time Its dump because they believed that the market value of It will recover soon, once the demand will gradually high. |
|
|
|
To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.
I agree with you that crypto will not go up forever. everything is likely to happen at the price of crypto, as you mentioned. there are many fators that affect the price of Crypto one of which is negative news / FUD. just a suggestion "do not put all your money on crypto". I agree, due to the volatility of cryptocurrency, Its an obvious to say that hard to predict when the coins going arouse back like what did you mentioned Eth and especially to bitcoin currency. And about the topic "Big gains come with big losses", I think Its not because I never been experienced a big losses Instead of earning a huge profits unexpectedly. |
|
|
|
Anything can happen in this world and right now bitcoin is already used globally they can send and pay bills easily but i think that some countries don't want to use a single currency because they have their own currency and when we use only one currency maybe economy will collapse.
This is correct , leaving their currency is just like they are surrendering themselves not to be called a country , I suggest that instead of leaving their own currency why not accept a second currency that can be accepted by the whole world ? You have a point mate, but most of the reason why several countries not yet convinced to used bitcoin as their 2nd currency because they're Afraid and not totally believe the potential of bitcoin that seems make their country Improve the economy. |
|
|
|
I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.
Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.
In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.
What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
So easy to have crypto last for a long term . Just keep, collect and exchange it if the value ges triple or even quadrople . Use your brain upon using crytocurrency . To some extent this all trading is about a simple technique. It seems like people have made this so complex that now people are getting afraid of this investment and trading. However on ground basis, these are quite easy and simple. You have to be focused on what you have planned and go with the right intension to earn money only. Don’t be greedy and be patient. It was so easy, If you just open minded and think positive always, the problem Is why those newbie afraid to Invest because they're not confident enough to put at risk by Investing In crypto currency. Even though they have a knowledge of crypto, but doesn't have strong beliefs on It, It's just useless |
|
|
|
Twitter May Ban Advertising of Cryptocurrencies and ICO? Hi guys it`s me again, and again I saw this information about the ban, but now for twitter. BTCTwitter plans to prohibit advertising of cryptocurrencies and ICO, according to Sky News citing sources. BTCFirst Facebook then Google, now Twitter is joining, what do you think about the market currency after these news? Is it real or only a big fake news blow before buying a lot of crypto?Source: http://icowatchers.co/twitter-may-ban-advertising-of-cryptocurrencies-and-ico/Yeah its you again,whos always posting about the banning i wonder why is it seems like youre only posting if theres another negativity happening do you really want to create fud?or some kind of negative feeds so investors will withdraw and so bitcoin be affected Lol, I don't think If this Is a real news about banning again crypto onto social media and In my opinion l, I think It Is good Idea, so that to minimize those scammers ICO spreading all the way throughout social media. |
|
|
|
I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.
But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.
People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.
If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.
When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?
Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.
I agree. As much as altcoins could be good investments of their own. Bitcoin is still, and the moment, would always be the best investment one can make. The sheer difference in value and the potential it has due to the support it gets and the business and transactions that use it are evidence enough how this coin can be nothing short than the most reliable coin around. I think that the only downside to it is the fact that it can take for months and months before it surges in value that one should really have long patience just to keep their investments up and active. Of course bitcoin Is the good Investment plan other than other coins , If you just analyze well how bitcoin run to the market then, you will not hesitate to Invest In It on long term Investment. Just keep on patience and you will grant the profits that you will never be expected In portfolio. |
|
|
|
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.
I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.
What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
In my friendly advise mate, much better If you don't put everything In a single round, Instead of diversify your porfolio to minimize the risk of your Investment you take. Its a good decision, If you keep 50% on stock exchange then 50% as well Into crypto curreny. |
|
|
|
I think the worst is over. That insane dip was truly scary and i though I'd have to say goodbye to ny investments. But then again, as the market recovers now. I think the price will continue to rise with a few minor dips here and there. Unless another government will ban BTC and there wil be a surge of supply again i the market. But I'm confident that it will still recover and get stronger even from that.
Volatility is not bad, it only means that wiser people will get a huge advantage on trading because some of them are just hoping for price drops in order to earn a huge amount of profit and that is what the nature of trading does in the market. Volatility is not bad in itself but the reason of why many people don't like it is because they are not able to take advantage of it, when they do try to take advantage of it they lose their money, while traders in the other hand love volatility because that allows to them to earn a lot of money very quickly. Right.Volatility is the only hope especially for the traders since it will give them a huge amount of profit when the price hits a high amount.I think there will be more volatility this year since a lot of fuds and negative media pressures are still coming.But we should not be panic since volatility does not brings us down,it only gives us opportunity to get rich quickly. Maybe, but they should keep monitoring the market in order to make whether dumping their coin or Investing on It. And this year 2018 It Is an obvious that volatility of bitcoin was more than before, Its seemed because of more fud spreading out as what you have said and those new investors will easily get affected at that moment. |
|
|
|
I am not sure if I am putting this in the right section. Anyway, what are some of your guys biggest bitcoin losses? Did many people here loss everything with Mtcox? For me it is online casinos. I do have a moderate gambling habit so it was bound to happen.  I never experience to lose a huge amount of profit but only just a few, let say we cannot handle the pressure in the market because of the volatility so it was normal sometimes to sell your coins at its lowest price because of your doubt if it will increase again or not. Yeah and since we cannot predict the market of crypto currency that's why sometines we dump our coin because we think It Is the maximum level of Its market or we mean to target that value In order to dump. So far, I don't have yet experience those biggest loose In bitcoin, but I hope It won't be happen on to me In the near future. |
|
|
|
This is a tip to all those who have not yet bought a crypto currency - the sooner you invest in bitcoin - the better. It really works.
Yeah and I agree with you mate, If I could only knew bitcoin earlier and believe as well, perhaps I have now a lot of bitcoin funds. But since It's impossible of course to come back in the past, So the better to do now Is to believe and Invest on It and wait for the right timing of bitcoin to be arouse that will reach beyond Its limits. |
|
|
|
|
If I were you I Invest first bitcoin because of Its potential to make you earn a huge profits by the time of it starting to arouse its market value. Like what happen In early December last year, Its heading into $20,000 and know one could expect that value to reach In the marktet bitcoin history. While you're not yet knowing well In cryptocurrency, I suggest to Invest first on bitcoin before other coin.
|
|
|
|
I think this is a good idea because the state wants to develop bitcoin, I'm sure that bitcoin is hard to stop so the step to legalize and develop bitcoin is something to do so it's not left in the future.
For sure every state want to make bitcoin well developed as soon as possible because bitcoin is full of profit and it is giving then chance to earn high amount of money in very short time, bitcoin legalization is not very hard we can possibly see it legal after making it world currency, some countries like Japan and south Korea has already made it legal, the same I am expecting from my government in near future. I agree, perhaps If our country's government accept bitcoin as a legal currency like what did some countries, especially Japan, I guess our country will make the same situation In Japan that's high In economy and Improve our country In technology. |
|
|
|
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Well, what I've seen based on my friend's experience, it is somehow related to "panicking" also. After I introduced cryptocurrency (bitcoin to be more specific) to my friend, he decided to buy some small amount of btc and hodl it. That's what I adviced him to do since it's now hard to make at least jr. Member account and join signature campaigns here, investing in HYIPs are risky and claiming in btc faucets is just a waste of time. But one day while I asking him about his savings, he suddenly told me that he now already converted his btc into peso. He said that he felt afraid after looking to down lines on the graph and just did it, maybe because he can't stand a big dip (the time where btc almost reach $8200). Though already explained to him that fluctuations are normal in this field, I can't still blame him for doing that because i understand that he's just a beginner. In addition, I think people choose to dump their coins because for them that's the best time to do so (like what happened before the end of 2017). They are already satisfied to the profit they could get and no longer hesitate because they might miss that great opportunity. Yeah, because they were new in cryptocurrency that's why they are easily to get panic the hard fork appears in bitcoin market. And sometimes because of some certain bad news suddenly appears were focusing criticized bitcoin is one of the fact where make bitcoin drops it value and those new investors were easily get affected on that. |
|
|
|
|
Show Posts
