This is a two edged sword.
For one, any governmental control goes against the fundamental philosophy of bitcoin.
But on the other hand, this shows that politicians start taking cryptocurrencies seriously.
On the whole though, I think this is a good development. It requires some give and take, but if it's done properly, it will give users some protection similar to that found in regulated markets, while not giving up too much of the privacy and anonymity afforded by crypto currencies. Furthermore, such an at least "weakly" regulated market is essential for broad adoption by mainstream businesses, which in turn is essential for cryptocurrencies to reach the next growth segment.
Definitely, governments are taking into account the widespread and resilience of cryptocurrencies, thus trying to take action to either halt their advance or actually legislate measures that will also help cryptocurrencies develop in the advanced world. That way, with the interference of governments, it could also become a way of payment one day, providing that they don't want to halt their advance, which is highly unlikely now, due to their nature and accomplishments, rendering too late to actually fight them. |
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Stumbled upon this article today. http://www.europarl.europa.eu/news/en/headlines/security/20180404STO00913/plenary-vote-stricter-eu-rules-on-money-laundering-and-terrorism-financingAccording to the European Parliament, in order to fight money laundering and terrorism financing, they proposed a new legislation to regulate cryptocurrencies. Quoting from the article: The new legislation would also require virtual currency exchange platforms and custodian wallet providers to exercise due diligence and end the anonymity associated with such exchanges. “Now we say that platform providers and those who keep bitcoins in their wallet need to know their customers just as banks do. It is quite revolutionary,” explains Sargentini. In simple words, they actually want wallet providers to require more information from us, similar to banks. What are your thoughts on this? Could this ever happen? |
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Market is definitely not degrading right now.. Everything turned green and those greens are really high percentages %20-40. But I cannot deny the fact that market may still degrade after this cause its very unexpected.
Well, the prices are already in the process of slowly crashing. It's normal and it was bound to happen, especially after so many days of grace period, being slowly growing in the green side. Soon, after the dip, it will be the perfect opportunity to buy. |
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Some of you have heard, others may not for Tim Draper , he is very famous venture capital investor and a great supporter of BTC&blockchain technology.In 2014 he bought around 30 000 BTC on auction,and that year he give statement that 1 BTC will be worth 10 000$ in next three years,which of course came true. Yesterday he announced new prediction on his blockchain party at Draper University,anticipating 250 000$ per BTC at the year 2022.I remember 2014 and how many people joked on his account,but in the end he laughed at them.I will not say that this time he is right again,but I think he is one of the people whose thoughts we should take very seriously. More info&video from event : Tim Draper 2018-2022 Price PredictionI don't want to underestimate any of these so-called predictors/investors, they probably have been around for longer than I have been, thus, they definitely have more knowledge that I do. However, I deem these kind of predictions overly optimistic and unrealistic, only time will tell for sure. |
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You can try Gemini or Kraken for buying coins and as for storing, I wouldn't recommend an exchange. If the amount is anything higher then +1000$, I would suggest getting a hardware wallet.
Regarding the bank, I think you are better off asking Coinbase about this and also confirming with your bank that they have no issues with crypto related transactions.
I'll definitely agree with you, storing crypto in exchanges is not recommended, you have no access to your funds, it's not a wallet thus, you get no private keys whatsoever. If something happens, account compromised for whatever reason, exchange somehow hacked, you will lose your funds and then good luck trying to recover them back. Some of the most well-known exchanges are Kraken, Bitstamp, Poloniex or Coinsbank, there are literally a ton. |
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Sounds interesting, will definitely check it out. I've already signed up and confirmed my account. Posting my email here, crazy_doc134@yahoo.gr |
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Well, are you people ready to make a great money? The market has turned back to the growth. It's time to buy, don't miss the really moment. It's going to be very quick. Does anybody doubt that market will see many fold increase?
It's way too quickly to judge that. The market has just experienced a (Temporary) growth the last few days. We shouldn't hurry and it's best to see what happens in the following days and then proceed to make any actions. The market is extremely volatile and we need to be extra careful when dealing with investments. Keep in mind that a few hours ago it was at $8.100 and now it's back down to $7.500. In my opinion, it's best to observe the market movements for a while first. |
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Well, it's likely to happen, the market has been pretty stable the last 1-2 days, remaining in the green side most of the time. It already pumped to $8.100 and then crashed back down to where it was, at $7.500's. It can't be pumping forever, thus, tomorrow the market might crash and then partially recover the next few days. |
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Bitcoin is green again, do you thing is good time buy now .
Why would someone buy when the market is booming/recovering? It will most likely crash again in the next few days, before making another recovery, just because of its volatile nature. It's extremely risky to purchase during this period, just wait for a dip, you'll have a higher profit margin and a lower risk at the same time. Be patient and you'll be solid. |
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Stop focusing on that damned $20,000 level. It was hype and speculation having lead to the market reaching these levels. If Bitcoin doesn't reflect being worth that value, why should it go up there? The only solid bullish triggers to see the price increase significantly are LN being no longer in beta, or some financial instruments backed by actual coin supply. Till that time keep your expectations on the lower side.
I am happy with current market, where unlike other greedy people here, aren't looking for yet another empty bull run ending in the same manner, and that while knowing that it is quite profitable to act in such scenario. What we need currently is a slow but steady increase that's maintainable, and it seems that we are building on that right now. If we close the end of the year at any level above $10,000 we have done well.
People got extremely hyped up in 2017 with Bitcoin reaching that all time high, thus, people keep focusing on just it being surpassed, which is obviously wrong. I do also doubt that 2018 will be the year of "surprises", that was 2017, it won't happen again, twice in a row. I will be happy if we even manage to surpass $10.000 within this year, after such a volatile market, it would be a blessing. |
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Few hours before the price of bitcoin was at $7000 but suddenly there is a huge price bump over $1000 and it causes the bitcoin price to go up 17%.And it happened in other cryotocurrency prices as well it is an whales action or what? But it is good to see the price now.  It's an astonishing movement though, jumped out of bed when I saw it, could hardly believe it. It happened so suddenly that I didn't even realize. However, I don't think any of us actually know or have a way to predict such rapid movements. It could be anything from something posted on a world-renowned website to a new massive investor who keeps buying for whatever reason. The price seems a bit stuck at above $7.600 for quite some time now though. |
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Been saying we would spend a nice enough time in the 6k to 7k are to consolidate a bottom. Once people realized the perfect buy entry was February and we are not going back to sub 6k, the FOMO will kick in again. Every day we wake up above 6k is another day of strong consolidation, making the chances of FOMO mania higher.
I predict we are at 5 figures easily during the summer, ATH being very realistic. The people that claim it will take 3 years for BTC to reach a new ATH are the actual deluded ones.
You do seem pretty optimistic to be honest. It's true, we've been stuck between $6k-$7k for quite long, thus, I do expect that there will be a rise in price sooner or later. However, I do doubt that it's going to reach a new all time high, talking about this year. The hype has pretty much died, compared to summer when it was one of the most popular controversial subjects. I don't doubt the possibility of Bitcoin, I doubt that 2018 will be the year for new records. That's my personal opinion though. |
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A company did an interesting social media experiment on people's acceptance of cryptocurrency as a method of payment for salary. https://www.youtube.com/watch?v=-vcGUeDlnLU&t=30sLooks as though it could possibly have been staged by the company (I don't think so??), but the results seemed similar to what I would expect if it was genuine. And I think it is actually a clever way of promoting their token sale, more potential to go viral than other promotional videos I've seen. Anyway, personally I think I would be happy to take cryptocurrency as at least part payment for salary, and depending on circumstances, the whole amount. If you asked me a few months ago, preferably in May or June, when there was a huge hype with Bitcoin and crypto, I would definitely say yes, not because the price was rapidly rising, but because there was a lot of hype regarding it. Bitcoin was everywhere, on articles, on Twitter, on Facebook, on several popular websites, thus, it was almost certain that something optimistic was going to happen, and it did. Now however, the hype has died down, the prices have crashed and the general scene seems way too risky for anything. |
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Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies. How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again? If he realize now that after his bully on Bitcoin that he could be one og the big whales and will earn then we could expect a slight fast moving of Bitcoin price because of his huge assets on his disposal. Lot of billionaires are now in Bitcoin in which we are just waiting for them to manipulate the price in which if that would happen then we join their game and ride unto it for us to earn huge too. He was a bully on Bitcoin calling it a bubble constantly, whether it was on articles or twitter, it sparked up rumors and FUD. He possibly already tried to manipulate the market by his sayings, it's not a lie that it did affect the price. How can we possibly know that he isn't trying to manipulate the market again by flooding it with cash, rising the price, then selling and crashing it back down? |
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Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies. How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again? I don't know much about Soros to be honest. However, supposing that someone actually invested millions of dollars in Bitcoin ($26 Billion sounds a little too extravagant to be exact), the first consequence would be a spike in price. Moreover, an investment like this would possibly attract media/investor attention, which could actually attract way more people into business and everything it entails. |
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we see the Bitcoin price going very down from last 3 months but now we see $6500 to $7000 from last 15 to 20 days.
Now according to my opinion the price of Bitcoin ready to touch $ 15000 to $20000 in next 3 months.
What would you think.
Not going to happen anytime soon, that's for sure. Haven't you seen how the market keeps fluctuating and sitting between $6.000-$7.000? This thing is going on for months. I doubt it that it's the time to recover, that time will probably come, but it's unsure on when it's going to happen. However, I myself not sure that we'll see such prices in the near future, anything close to $10.000 might be more realistic. |
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Payments have been sent. Please PM me if there's any issues.
Payment received, thanks! Great campaign and management. |
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I already meet the required post few days ago but the deleting is still continuing.
Please give consideration to those who affect the deleting.
Thank You!
Same, had a few deleted too, even old ones before I was even in the campaign. |
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Actually I'm still waiting for the bitcoin price at the very lowest, because currently the bitcoin is still potentially dump, I hope bitcoin will touch $5k so I can buy it back for long term investment. hopefully bitcoin can touch the price so we can all buy bitcoin at cheap price.
I also think it's worth to wait with buying now. The market is uncertain and it is difficult to determine if the price will go down. If the price drops to 5000 $ then further declines are very possible. And I would not like that. Agreed, I don't think it's a good period to make any purchases, with such uncertainty, you are at a high risk of losing money. I ended up buying at $7.500 a few days ago only to see the market crash the next few hours. Regretted my decision and stopped buying any BTC, until I manage to sell my current BTC for profit at least. Till then, nope, not buying again. |
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