Bitcoin climbed 11 percent into Friday to post its highest price since mid-December: one coin was worth $16,920, cross-exchange data shows.
Exchanges tracked by Coinmarketcap recorded an average trade price maximum of just under $17,000 earlier Friday before a slight correction saw Bitcoin head back towards $16,000.
The performance is encouraging for holders who have watched profits ebb as altcoin markets continue to surge. The trend marks a pause after several weeks of bearish action for BTC, which did not immediately correct following its dip from $20,000 to around $13,000 last month.
On social media, casual traders were eyeing Bitcoin’s reversal to continue, noting its impact on altcoin markets.
I was surprised to see altcoins holding their value against bitcoin's rally today. Personally I'm still licking my wounds from the summer when I was holding all altcoins during the bitcoin cash fork. Since then I make sure to have a few bitcoins and big volume altcoins.
I'm still a little gun shy right now about picking up altcoins because I have a feeling we are going to see bitcoin pass $20K USD very soon.
This price rise is very much important for bitcoin's future because bitcoin price recently crashed at the time of Christmas then people speaking that this is the end of bitcoins and some altcoin continuously rises and people started comparing bitcoins with ripple so funny right.But today the price of bitcoin raised almost 13% which means king is back into the attack.  |
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If bitcoin limit will be 21 billion then the price of bitcoin will be very very less because the price of bitcoin is based on the supply and demand so if there are more bitcoins the supply will be high and the demand will be low.So the price will be less than current situation.
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Thank you for this very wonderful reminders that you have posted in this forum. There are so much new ideas that i had learned from this post and I will apply all my learnings to trade more altcoins well.
Well i believe that looses is really a part of everyones lif ewe dont have to be afraid of our looses because it is really a part of the human life and we can really learn from it,mostly looses came from our mistakes and from our wrong decision that takes place as a mistakes popularly mistakes make everyone a prudent person in a long run so then trade woth looses is not really critical it is nature on this feild. As you said you can't be a good trader if you meet ant losses.so try to learn from your mistakes.And I think it is highly impossible to trade without losses too.So be practical and make money according to the current situation |
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For me holding bitcoin is a risky job because we never know the price when will fall and rise.But if we want to make profits we need to make such risks because nothing in this life will come from comfort zone.  |
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Hello everybody.
Here is a real problem when not experienced people invest in bitcoin because of its hype. But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%...
What can you advise?
People saying that bitcoin is a bubble since 2009,but bitcoin is proving that it is not stiil but who knows maybe bitcoin can explode in the future.But right now bitcoin still the king of crypto currencies.And you can check the price now it almost increased 10% in some hours so bitcoin has the potential to recover from the price crash so don't worry about it you will have profits in some months. |
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The lack of signature campaigns are due to holiday season in my opinion.But there are some campaigns are already started yesterday so if you wanna join in campaigns who are paying in bitcoins just watch the service section carefully.
But now a days many campaigns who are started to paying in bitcoin as well as tokens so watch the bounties section too because some campaigns giving both as payments.
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How do i start a signature campaign for a coin. I have not done this before.
If you want to join in a signature campaign then you need to be a good poster and you can find the signature campaigns who are paying in bitcoin in service section.And the campaigns who are paying in tokes can be found in the bounties section.But if you want to get selected in campaigns must maintain good quality post because spammers will be rejected by the most of the campaign members |
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Everyone in the world can use bitcoins because it is decentralized so criminals also can.But it is not the fault of bitcoin it is problem of the respective countries who need to control the frauds,criminals and terrorists.And there is no way to regulate bitcoins because it is fully anonymous so if government want to stop terrorism they have to take action against them not against on crypto currrencies.
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Already some countries have implemented taxes for bitcoins income but I am wonder how can bitcoin can be taxed?
No one knows right how much bitcoins we have,then it is impossible to implement taxes for bitcoins.
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Yes bitcoin will rise in this january for sure but not sure about that $22K,because now the price of bitcoin got stabilized at $15K for a while so I think I will continue at the same place for some weeks and slowly increase.
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What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?
Would you buy more Bitcoin?
I think bitcoin price will not be stable ever because the availability of bitcoin is very less when compared to USD or other fiat currencies,so littele change in the demand will change the prices of bitcoin.For instance if the price will be stabled the people show less interest on bitcoin because people are considering bitcoin as an asset and they want to make profits from it. |
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If cryptocurrencies will be the basic mode of exchange in the future, what will happen to the banks then?
If that happens bank also will launch their crypto currency to stay in the game otherwise all banks will be shut down due to lack of earnings which is needed to pay the employers. Some of the baks already adopted to XRP which is considered as the currency of banks maybe every bank in the world will also do the same.But now we are still early to think about this because crypto currencies are only considered as assets. |
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If you want to trade without losses then you have to make only trades where you can get profits otherwise just hold that coin,for this kind of trading you need vast investments and many coins for trading,some coins will be peak at some seasons so trade that coin when it is peak and keep your other coins in cold storage.
But in my knowledge it is impossible to be a trader without any losses so learn from your mistakes will make you more skilled person as a trader.
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As a cryptocurrency traders, we are always on the lookout for which next altcoin will moon and grow 100-200% the fastest.
Doing your own fundamental analysis is easier said than done because every blockchain projects have their own way to update their progress. It could be from social media, press release or word of mouth from a friend and you may not be in the loop because you are not subscribe to their update channel.
There may be crypto trader community that share trading signals, but it could cost a bomb just to get in, and of course, not everyone can afford it.
These are just some of the issue that new & even experienced crypto traders are facing, I am hoping that you can share your experience on any issue that arise when you do your own analysis.
To be honest no one can analyze the price growth of the crypto currencies recently XRP price exploded and beat the ethereum on marketcap value and reached second rank.Any coin would do the same but can't find which coin will do it.So invest on the coins are already popular which give low profits but the percentage of losing our investment is less. |
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Friends, just remember today is the 9th Birthday of Bitcoin.
Please take out time from your busy trading, buying, selling bitcoin.
Just for a moment remember that great inventor.
It is today in 3rd Jan, 2009 satoshi mined the genesis block.
He wrote his legendary quote: ‘The Times 03/Jan/2009 Chancellor on brink of second bailout for banks’.
Thank you satoshi for Bitcoin.
God bless you wherever u r.
Yeah,its almost a decade now and we can say that bitcoin started to rule the world,bitcoin price has been multiplied many times than in 2009.I hope the bitcoin still have more ability to grow. |
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We all know that gambling is a very risky game. So for most people to be able to quit gambling games is a difficult thing, gambling games have a strong addiction rate. This is what makes the game of gambling in my opinion is not something we should strive for. I'm not sure that gambling players can stop playing easily. There is an inner rejection and it is a risk we must have since deciding to play gambling.
As you told gambling is not easy to stop it is highly addictive,so people who are new to gambling need to maintain time and money limit and always need to remember that gambling is not a way to earn money. I will stop gambling when I don't have any money to bet.  |
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i want to buy some virtual coin but i'm not sure if BTC is the best choice or others and as a beginner i want to know how can i monitor the performance of th coin
Bitcoin is the best ever crypto currency to invest so it is better to start with that,altcoins prices are highly unpredictable so it is better to gain crypto knowledge with bitcoins then you can buy more coins with the profits from bitcoins. |
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Hi,
Bitcoin domination is under 40% and Ripple is exploding.
Do you think we are witnesses of the End of Bitcoin Domination Era? Is this a sign of bitcoin going down the drain?
The price bumps and dumps are temporary with bitcoin so the price correction was done after huge price bump from the last three months now the price of bitcoin stable and started to increase so bitcoin is still dominating the crypto market and it will be forever too. |
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The recent rise of the Ripple with its sudden and tremendous growth made some to think that maybe soon Bitcoin can be replaced form its number one position and be replaced by its centralized rival. Though I doubt if Ripple can really make it, if it can continue to rise and if Bitcoin will retreat further then it is quite possible. I might be sad if this can happen practically because i already sold my Ripple months ago and was not able to be a part of its bull run. Now, in case this thing will happen, how will Bitcoin be affected and the whole cryptocurrency market? Will it be Bitcoin versus Ripple this time after the recent Bitcoin versus BitcoinCash? How can you expect a centralized coin will beat the king of crypto currency? The current run of ripple will come to an end so if you have ripple sell soon to make profits,currently the bitcoin price started to increase and it will continue to rise in the coming days also. |
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As per the project team's info we can split our grf;tokens on mid january,but I want to knows that why the need to split our tokens into grf coins and it is necessary to do if we want to trade in future?
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