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Bitcoin has risk along with it. Based on this users fear of investing or buying and holding it. In reality one who have believed in it and bought whole heartedly making his minds hard to accept anything has grown high in economy. It's upto us to analyse the current growth and buy little by little for the future. Even if some thing worse happens too, it won't affect our living. No need of buying as a single bitcoin or high if your mind has such a thinking.
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Day by day this has been getting turned to be one among the important necessity of my routine living. I found it to be the platform to grow the wealth. Hoping to initiate a real time business with bitcoin business and help with the widespread of the digital currency. Have been investing periodically for future generations as it'll get used similar to mainstream currency in fn future.
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I only use Blockchain.info wallet.
It is the most trustable and reliable wallet for me.
It has all the features that I want.
- It is secure
- It has 2fa
- It has automatic fee determiner
- Fast and easy
- User friendly
I created my first bitcoin address on Blockchain.info and so far I have not faced a single issue at all. It is fast secure and convenient, I can add send payments to many addresses on the same time with low fee.
I too have the wallet in blockchain.info and found this to be highly secure, user friendly as well it provides with the feature of adding fee manually and get the confirmation depending on the fee provided. In the above quote it's clearly mentioned about the different features blockchain.info wallet has got. |
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Btctalk name: n0ne
Rank:Hero Member
Current post count:2913
BTC Address:1MNsqCFQMGEZLVTeEQdCKFGA7HeF9zN5Tx
Wear appropriate signature:Yes
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Similar such statement was put forth by the company Co-founder of Apple that bitcoin is better than gold. Another expert has predicted that the price of bitcoin will reach the capital crossing trillions if the similar growth takes place as blockchain technology implementation is getting importance experiencing the efficiency it provides with other forms.
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Yes I'm holding some other cryptocurrencies / alt coins but most of my investment or capital are with bitcoin. And even those useless coins, I have them too hoping that some whales will pump it for a while and when that happens I can ride with that pump and will eventually sell it as long as there's a wave of profit for that coin. Investing to different coins are good but bitcoin is my priority.
Majority of the users keep hold of bitcoin along with other altcoins hoping for a profit long-term. Recently invested into an altcoin and got fed up with the value decrease that happened in very less time. But having diversified holding of altcoins has helped me compensate the loss happening with the profit with the other leading to a neutral as well slow profiting. |
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If you don't believe in the market, surely you cannot be a user of bitcoin as well other digital currencies. The entire cryptocurrency market is speculative in nature as well has the virtual market which is purely on supply to demand variation. Maybe the price falls unexpectedly at times due to the issues that arising. Another thing is that, though it's virtually available the growth it has provided is much big experiencing it can believe in the market.
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In simple terms bitcoin is same as that we have USD or EURO. Altcoins were the other fiat currency of different countries that have certain value when calculated in terms of USD. This doesn't mean that USD is valuable and rest doesn't, everything has the potential to grow and grows accordingly.
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This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's
Do not believe this statement. Even how hard they caan try to tax bitcoin, it will never happen. Bitcoin is decentralized and you can not control it as well as know the people who are holding bitcoin. Using bitcoin will make you completely aanonymous. Therefore, they are just lying about the truth that they can not control bitcoin Users are anonymous but exchanges are not. They are businesses and are required to apply for a permit. Governments can tax bitcoins this way. Few governments use the similar methods to tax the user. Here too we cannot get an cent percent success in the taxation system. Few exchanges for the purposes of recording tax prioritize the KYC norms. Also few governments has made it along with the gold as the taxable asset. Here for what you hold the user needs to pay tax, which cannot be implemented effectively in reality. |
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After few days of price decrease once again the price has started to move forward crossing $5750. So once again soon the price will surpass $6000. Maybe this time the new record level gets reached, as the fork haven't made a big impact on the price moves of bitcoin downwards or upwards.
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Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?
Will bitcoin still work even without mining?
Or will bitcoin fall apart?
It will not cost the coin to fall apart but most probably expect higher transaction fees since the miners will just earn from the transactions. But when that time comes which is 20 years from now imagine how many transactions will occur at a single time. the current rate might be enough to compensate the lost of mining because of the increase in the transactions. Once the maximum supply is reached automatically the demand will be high leading to price increase. Along with the same the transaction fee will surely reach big as there won't be any more mining further takes place. The mined coins that're into circulation in different forms generate the growth. |
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Because of negative news. That affects people and most of them want to withdraw their money from this platform being easily influenced.
What do you mean by negative news? Meanwhile there are no rumors about bitcoin, all information is correct, this price drop is due to two forks, 1:- Bitcoin Gold fork (occurred on 23 October) 2:- Bitcoin2x Fork (Segwit2X will occur on 16 november) but price Drop now a days due to Bitcoin Gold fork, and when Segwit2x come i think there will be more price drop. So be prepared. The price drop is something expected by every user once after the segwit as well after fork. Meanwhile most of the time FUD gets circulated around and the same causes downfall in value. Possibly the price used to retain after short time soon after dropping low in value. This time I don't think that the fork has made a big impact over the price of bitcoin. |
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I think impact of BTC in the economy of country is unemployment go down. Many people work in here and little people work in office. They choose work in here because he can spent time with family in their home during activity and I think work in crypto give more than profit than people work in office  Its possible impact especially to those none employment they can use bitcoin as they work like here in forum i know many people here have no work. Now many unemployment that get a huge income here. Well that's one of a good impact of bitcoin to all people somehow bitcoin helps those in need of money or unemployed. One more thing a good impact will bring bitcoin to the economy if this will be legalized is the fast transactions that could save time to all users. That's a way better, but the same doesn't make a big change in the country's growth. In my view bitcoin create an inflow of economy through the bitcoin to the fiat trading. Also in some form users pay tax based on the transactions done. These were all minor growth promoters, and on the whole the technology adoption might lead to a better growth in economy. |
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Right now it's good to invest into any of the ICO at the early days of its presale. Later majority of the assets grow high based on the project value, developer team as well the funding. When this becomes a possible thing, automatically the growth of the assets will be promising. Better is to invest and make the best out of the same.
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the decline will be happening after the dumping of Bitcoin Gold. which is i think is really near. bitcoin stays aove $5800 up to $6000. It should have been be back to $4000 if the uptrend is just for pump and dump.
This is not a hard fork almost. We can say that it is just a correction by introducing of bitcoin gold just like bitcoin cash which was introduced before it in August. I am 100% sure that this hard fork would not harmful for bitcoin career/future. The price will suffer for the time being and will come down a little bit but not drastically which the people are assessing. I don’t think that the price will come down below $5200 and I am sure that the price will go up in a week time upto current highest value i.e. $6200. This seems to be similar to a price correction. Even it haven't happened Similar to a price correction, because during the past correction the price fluctuation was felt high and all of a sudden the growth once again got initiated to reach $4500. From that point the price started to increase with reference to the speculation that got circulated all around focusing the fork. Now bitcoin gold has got into existence without much growth being felt over the price of bitcoin. |
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By the year 2018 can experience the price to be over $10000, right now if we didn't get an price pumping that doesn't affect big. Just the capital market will be found low. Every year end there will be a promised price increase and the same will take price to reach such an increased level.
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At present blockchain technology is being into the early days of getting into implementation. So, surely this will make a big change in the entire technology development as well in the efficient functioning of the economic system as well different sectors that tend to use the blockchain technology. This when handled by young people it becomes much easier, because the young generations can easily understand as well adopt it.
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Compared to the past few days today the price has gone low to $5700. Sometimes the same continues long taking the price fall lower than $5000. If such situations arise, user needs to be strong enough to hold back what we have in our btc wallets rather than tending to sell on fearing the chances of bitcoin going low in value.
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I think the best way to keep your Bitcoin during fork is on hard wallet or paper wallet. But since I don't have any of this, I decided to use my Bitcoin to buy more alts during fork because that is the right time to buy more alts due to cheaper prices. I will wait till its prices rise again after the fork. I don't suggest that you keep your Bitcoin on exchange wallets. It is too risky for me. Better to put it in an offline wallet or downloadable wallets if you don't have hard wallets or paper wallets.
Such a much secure manner of holding is not required. On my view, it's good to keep hold in whatever the wallet might be with the private keys in hand. Importantly during the past fork too, mine were in the online wallets and periodically they used to give notifications that so an so not be done till the targeted time. Finally everything was safe as it was there before the fork, this time too all my holdings were on the same wallet. |
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I do hold only considering that the market may not fall further. If it continue falling than better to sell the coins and later buy at the lowest price and make some profits in between. Like at present it is a short fall so hold is a better option. Holding is the right pick, but here to risk is there. I understood it recently after investing into an alternative that was increasing regularly. At some point the price started falling, but I had the hope that it'll increase again. All of the sudden the coin was no more available in the exchange. By such instance we can't do anything just accept the loss. |
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