I was really surprised by the very high rise in bitcoin prices, and there was no major trigger that caused the price to rise so high in an instant.
but it's only natural that bitcoin prices soared, in fact I could hardly believe the soaring bitcoin price rise in such a fast time.
because last time I saw bitcoin price when it cost 4000 $ and I never saw it again.
With the now very high rise of bitcoin prices it really really surprised me.
The cause, as far as I can tell, is that more private investment groups (hedge funds) are entering the market. At the beginning of the year btc had a market cap of 20 or 30 billion, I forget the exact number. But a single fund can be larger than that, and there are many many funds. When public mutual funds start to get involved, look out. Anyway its just a simple matter of scale. With large investors coming in and a finite supply, the price will have to go up by a lot. Just for reference a mid cap company is ~30 billion, and there are hundreds of those in the USA alone. Even now btc is nothing compared to the overall market. That being said, I am very surprised at how much it has gone up this year. I knew it was going up eventually, I just didn't think it would happen so fast. To the moon! It always happens when you least expect it, at least until you learn to predict your own expectations. And yes, companies like Apple, Google and Amazon are worth well over $600~800 Billion each. Bitcoin is just a cute little joke compared to them right now. In the future Bitcoin should have a market cap well into the trillions though. |
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Yes, sooner or later... But maybe not to crypto currency yet, maybe some other cashless methods. Have you ever seen people paying by cash in StarTrek, that's the answer to your subject question  Yep, absolutely, surely cash will be be history, already cash is being reduced in few countries and digital usage is being promoted heavily. Special rebates are being introduced in my country to transact digitally. Also new ways are being implemented where fund transfer has no fees provoking users to go by that path. Cryptocurrency will not make our world cashless, it will be the legal tender itself and government which will do so. Well, there is a war on cash going on for sure. I'm all for it, I really don't like using cash. I like the designs of some coins and bills, but hate using it. |
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If Bitcoin falls or not that won't change anything, certainly it will pump up once again
It doesn't even seem to want to stay below $8000 anymore. Slowest dump ever, if it will even happen. |
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Nice to see this explotion of the ethereum price.  I think we can hit the 1000 dollars in the next 2 - 3 months. There will be come a lot of things in the future, we donīt think about at the moment. A lot of people show $1000 as target price, I hope we will see that in 2-3 months. It's good to see brains think similar in this environment. Ethereum is ATH at 421 USD now. It's 3 times less than BTC value ATH though. I think we'd need more new money and some tangible results from ICOs and ERC20 tokens in general to see $1000 ETH. But who knows, the crypto market is full of irrational weirdos, so maybe it'll pump sooner. |
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No problem man! You can start again now. There are many altcoins for you now. Or if you dislike them, you can choose Bitcoin for long time
Yes, many altcoins started to recover their prices, some of them have pumped fast, and some are recovering slowly, I am happy with ethereum price, Dash has pumped too. Made my mining revenue increase a little bit. Wonder if GPUs will spike in price again. |
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All governments and central banks are against cryptos. I think we will see a lot of turbulence in bitcoin. Does anyone sells VIX options on cryptos ? China is the one of most influential country in the world. But does not means that we are nothing without china. We know china is a big help to us, but it depend us how we work for it for our country, and how we can help to improve our country, we know china is big importer and exporter. But if we help our country we like china one of the richest country. China is mostly "rich" (in the sense of having a high GDP) by having a ridiculously large amount of citizens. Per capita they are almost dirt poor. |
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I dont invest in ICOs. Highly disagree with the plenty of practices such as "pre sale", "token bonus", "volume bonus" and many more. We need a better solution for fund raising, one that doesn't give room to so many scams and shady projects.
Those bonuses are more or less industry standards and can be found in the traditional coroporate world as well, especially when you look at VC and seed investments, which is what ICOs usually are. |
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Good read, thanks for linking @Turing.
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here is already some weather control technology for mediating tornadoes, making it rain and so on, and thanks to climate change concerns, a huge amount of knowledge is being gleaned on how weather works. We will probably have technology to be able to control weather when we need to. It won't necessarily be cheap enough to use routinely and is more likely to be used to avoid severe damage in key areas.
I would love an RC rain cloud over my property.  |
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Future Diary and Boku Dake ga Inai Machi one of the most atmosphere animes which I watched for my life.
If you liked the atmosphere of BokuMachi I would recommend Shinsekai Yori. The atmosphere is similar, the story very different. Extremely well produced and written and the music is fantastic too. |
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It's not that i dont like Doge, but 1 usd is waaay too unrealistic I find it useful more often than not, mostly to avoid massive BTC fees (send doge/sell them for btc) and it has been worth it. For Doge to reach 1 usd per coin, something extraordinary has to happen. As mentioned several times, the market cap it would achieve at that price makes it very hard to believe. Though, in crypto, you never really know... and with all the new money flooding in, the "joke" might get revitalized Who knows, maybe in 10-20 years when Bitcoin is way over $1 million.  |
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Try to look for coins that has less than 10M marketcap, a 10-20 Jump would result the coin to have 100-200M which is not overvalued
10M marketcap + Good Development Team + Unique Idea =Rocket and moon
Whether or not the coin would become overvalued depends on the coin. Most coins are overvalued regardless of their price, as they create no value and thus hold no inherent value themselves. |
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True Story Time:
I was talking to a old buddy of mine the other day who is a loan officer. This is an older gentleman that has been in the business of giving out bank loans, and has been doing so for decades. Months in and out, year after year, he talks to customers about them liquidating assets or other investments as down payment on loans, and has heard them talk of liquidating pretty much every type of investment known: stock, houses, land, cars, gold, silver, collectables, equipment, etc. You name it, he's probably heard it.
But when the words "cryptocurrency" and "Bitcoin" came up in our conversation, I was shocked. He replied "Wait...crypto...currency? What's that? That's a new one on me. Is that like Euros or something?" He had never even heard of it. He had no idea what Bitcoin was. And this is a finance guy working at a lender that routinely reads financial news and such on the internet.
It just made me realize: We have SO far to go still. Such early adopters are we.
I had a similar experience when I talked to my banker back in summer too. Neither him nor his team had any real clue about what Bitcoin and crypto was about, although they knew that it existed. After our talk he ended up researching it quite a bit and the next time I met him he was already hooked and extremely excited. |
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after release bitcoin 9 years running. but bitcoin increasing or increasing.so anyone have good opinion for next five year about bitcoin? feel freee and drop your opinion.
thanks
I think that in five years bitcoin is going to finally reach the mainstream, not everyone is going to accept it but bitcoin is going to reach a critical mass of individuals and business will have no other option but to accept bitcoin as a way of payment. Even if it's not going to be accepted directly, all the crypto cards will make spending crypto a breeze. A lot of people will probably get upset once they realize that they have to declare taxes though. |
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In think now is good time to invest in Waves some part of your money. In next year WAves have to grow up
Very likely given the smart contracts in Q1 and the new wallet and exchange in the next weeks/months. |
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I ever heard about this statement, but everything just personally opinion about this. I never call BCH will 'kick' his big brother, but I prefer to say that both of them complement each other someday. BTC still the king, and BCH as the prince in crypto.
Bitcoin cash is just a matter of growth. This has been now growing as other altcoins and the same doesn't serve as a threat to bitcoin. I don't think more users shift to bitcoin cash because of the price growth happening with it. As a form of profiting users just switch to it and come back again to bitcoin. BCash is just a manipulated shitcoin. Don't fall for its propaganda. |
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Yes, it's bubble but we are far far away from the bubble. We are not 10K yet. My prediction 25K is the bubble price.
25k is horribly optimistic, even for now. $10k is the most attainable bubble peak at the least. Anyway, you should always brace yourself for a sudden crash. It seems inevitable at this point. What goes up must come down as they say. Nothing has to come down and it always depends on the created value. If the preceived value is lower than the value that is created people will just come snatching up coins. Whales know this and the times of low volume are over. So expecting major corrections could be a very foolish move. It's important to brace yourself for dumps, but it's also important to be prepared in case the price doesn't dump anywhere as much as expected. You might just end up having to buy back higher than you sold. |
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The standard answer is no, Happiness is not about how much money you make or how much is in your bank account. It is all about being satisfied and happy on what you have. But on the reality side, most of the happiness are being bought by money. Let's face it, sometimes money is so powerful that it can make someone's life miserable. That is why it is considered as the root of all evil. Imagine you are happy and all of things bought by money will be taken away from you. Ask yourself again if you will still be happy. I think we all know what the answer. Just saying.
But you think that you will have happiness when you have a empty pocket and a hunger stomache ? Money can't buy happiness but it's a needed condition for happiness. No it's not a necessary condition. If you think that you've never experienced true happiness, which is why you chase after superficial and material toys instead. What you think to be happiness is nothing more than a chemical reaction in your brain, a quick distraction, but not true deep-rooted happiness which exists regardless of your situation. If you find true happiness just once, not even war or hunger would be able to take it away from you. |
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You never asked. And even if you did, why would I help you figure out your next scam?
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You'll never see below 5k again
But BTrash, the real Bitcoin is way below 5k!  |
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