|
Not only bitcoin, each and every digital currency has the unpredictable nature. So, one needs to know the limitations in holding, because the price might increase anytime as well decrease in unexpected time. User need to buy or sell at the right time to gain good profit, which is possible only by fixing a target price and doing all exchange activities once reaching the specific price.
|
|
|
|
A major reason behind this is the upcoming bitcoin gold fork, people know what happened last time and don't want to pass up the opportunity for free cash.
Rest assured this will change once people have got their gold and start moving back to their alts.
But i do not think that it is conform that even this time people will get free bitcoin gold. Although most of the people are expecting it but i think that it is not conform. I think the present increase in price of bitcoin is also because of the speculation of the people about bitcoin cash. I think after hard fork we can expect a little correction which will drop the price of bitcoin to a little low value and after correction the price of bitcoin will once again start increasing. Price correction takes place, along with that people getting bitcoin gold into their wallets too have increased possibility. This has been speculated by lot many users around the forum, from the combined data majority users mentioned that bitcoin gold gets distributed. This is not the dominance. This is all about the periodic growth and in reality no other assets can dominate bitcoin. |
|
|
|
Well nowadays there is no such thing that is secure in internet from the hacker so i think bitcoin is not totally secure so its still better to take some action of protecting and having a tight security in bitcoin. You cant tell when the hackers strike. Thats the best way to do is to double your security and take precautions .
if I know the bitcoin may not be completely safe, because every online job there must be a risk, sometimes the risk is in front of our eyes, so we also need to be careful again to be more secure. With each and every form of online activity risk can be found in a much large scale than in lesser time period. It's the users self responsibility to be secure and try making bigger profit out of the same. Hackers keep roaming around to make easy earning which needs to be sought. |
|
|
|
I don't think that a payment system can be considered as an invention of the century as their is no revolutionary thing that it did nor did it solve any global problems about the payment system. For me the invention should be beneficial not only to you but also to other people like an invention that can solve global warming or to even eliminate some kind of pollution that is destroying the earth. Bitcoin didn't solve anything nor did it improved the payment system we currently have.
When it's considered as an payment system it gets used as an payment access provider. Same when considered as an investment, then it can be kept safely into a wallet and can withdraw the profit in short term or long term. It has improved the growth in several forms, for which I believe it as an innovation though it doesn't have a large user base similar to fiat at present. |
|
|
|
Definitely Bitcoin still can go up. Market is still young and if you look at the area Bitcoin saturated, it is quite small compare to other big company. So I believe Bitcoin will still go up and can even multiply in price and area saturation level. We just need to wait and see how it happen.
Yes, bitcoin easily moving forward making a big growth overcoming all the issues that arise in between the growth period. Recently it took the lead in terms of market capital crossing the growth scale of other top brands and the corporate firms. This will surely pump higher than the present as the entire future is completely gonna depend on blockchain technology. |
|
|
|
When will BTC value be $10,000 take a guess When do you think? I have all ready made 2 post with each target, the fist target was to reach $2,000 usd and it took almost 42 months to achieved that goal from the date the thread was made. Here is the 1st thread https://bitcointalk.org/index.php?topic=359105.msg3842063#msg3842063On the second thread the target change to $5,000 usd, and it took less than 5 months to achieved it, from the date the thread was made. Heres is the 2nd thread: https://bitcointalk.org/index.php?topic=1928740.msg19145735#msg19145735Now this is the 3rd thread asking the same question but with a target of $10,000 usd So what is your Guess? Do you think it will reach the 10K? and when? That was quiet a good guessing though but somehow an expected thing to happen. 2-5k price is reachable on a short period of time but talking already on $10k then it would really takes time for sure.Thinking off that bitcoin is just still 8 years old but yet we are still on 5k mark how much more on 10k? doubling it on a short period of time is not possible but well anything could happen but for sure it would takes years. Yes, to reach $10000 or more we need to have patience. Everything won't happen as expected, there too unexpected scenarios prevail. Looking the growth happening with reference to time move, can assure that the value of the bitcoin will increase. It doesn't mean a big change to the bitcoin network. |
|
|
|
|
Saving bitcoin for children is a good thing. But while doing the same, user should keep the children informed about the bitcoin and the way it's been in the wallet. Life is uncertain, so it needs to get used. Also in future the entire financial system will be on the cryptocurrency. So by that time children feel easy to use it.
|
|
|
|
I think bitcoin is an asset,because the value of bitcoin keeps increasing.If you hold bitcoin for long time you can have more profit while you sell it.
I think bitcoin is both asset and currency. If it's currency, it will the best currency with safe, fast and easy. If it's asset, it will best invest your money on this for future. Truly speaking bitcoin has got varied features, and the best it is to use it as an investment from my opinion. Different users have difference of thinking and make use of it for different purposes. As a currency it haven't gained more importance, but the same is growing slowly. So, as an asset for large volume transactions and for market exchange purpose this has been prioritized as an asset. |
|
|
|
|
Being a day trader is not that simple. Lot of users get I to day trade leaving back their regular job. This completely gets them into big risk, because with day trading one needs to be active as well needs to have good knowledge about the market variations. Whereas with holding all that required is a capital to buy and the increased security enabling to keep the bitcoins in a much secure manner as it can be viewed after long term.
|
|
|
|
|
However user keeps him active, one cannot easily get rid of or minimize the loss, because the price moves happen in a short without any prior notification. So need to try making the profit out of it, but the same when doesn't give success just focus on holding and use the right opportunity in future. Some sells suddenly without thinking anything which is not good decision.
|
|
|
|
Mainly because of profit which it brings. For sure trading could give them higher earning but it is simultaneously much harder and you need to pay attention + spend you time. Long time investment are more comfortable, you only buy crypoto and hide somewhere for few months/years. Then sell and repeat doings.
I disagree with you. We cannot always guarantee the price hike of the coins and even for bitcoin. I am willing to make a long time investment but unlike you I wouldn't just depend for the volatility of the coins in going higher and higher so that I may earn profit. Trading is still much better for me since I can control whether of I am going to earn or not. Another thing is that while waiting for the profit in my investment, I prefer earning bitcoin at the same time. Yes that's true, rather than just holding its good to make an additional profit with what we have in our wallet. The price growth on long term holding gives a profit, but the trading involvement will surely benfit bigger. Also we're not sure of the reality after years, so making use of it at the present seems effective. |
|
|
|
|
Believing in bitcoin has made me follow my dreams that were impossible to reach with the earning that I make from the regular job. Trust in it and the same will surely make the most out of it. I wish to be the believer same as that the 39 year user who has converted all his assets into bitcoin targeting 2020.
|
|
|
|
|
Maybe now a widespread might have taken place, because bitcoin is already in usage around majority of the Asian countries. Now usage in Thailand might get an increasing circulation of bitcoin in the tourism industry which has been a major sector of Thailand helping in its growth.
|
|
|
|
|
Such a banning won't happen with bitcoin. This has been growing good without much issues, so maybe in the short or long run the usage increases with more markets giving priority as an acceptable payment source. If a ban gets confirmed, surely that'll be a disappointment. Because lot many users have invested into bitcoin all their earnings.
|
|
|
|
No one is late here any time. This market will give you many chances to enter as when last time fork was happen, BTC dropped from 4500$ to 2800$ approx and if anyone buy at that time, he is in 100% profit. wait for 25th October fork and then you have a chance to buy at lower price as per my opinion.
That's clear, no one is late. The party begun early, but even the user entering now has got the similar access to earn. It's ones own attitude that keeps him active in the process of money making. With the growing price people have a thought that they were late to benefit big, but user should understand it properly and continue investing into it without distraction on price drops. |
|
|
|
Coinbase will open up for Bitcoin Cash withdrawals on January 1st, 2018. Will users dump their Bitcoin Cash into Bitcoin, and do you think it'll boost Bitcoin's price in any significant way?
This will pump bitcoin cash,it won`t dump it.If such a major player like Coinbase shows support to bitcoin cash,this builds more trust,which means that more people will buy BCH. This might create some speculation bubble for BCH,and when the bubble bursts,some people might return to the real bitcoin. Yes, when such a large scale market circulation gets initiated automatically the value of bitcoin cash will gets pumped up. Also the user base investing on bitcoin cash will surely keeps on added high. Also with assurance we cannot conclude, because similar bubble happened once after splitting but the same didn't sustain for a long time period. |
|
|
|
What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
we don't know in the future we would see majority of countries are ban bitcoin instead of see bitcoin go high more popular and possible to use it for daily need as well as real money. but as bitcoin users i hope for better future for bitcoin. you can see nowadays many people are holding bitcoin and waiting to get big benefits in the future. I don't think of the negative possibilities anymore, I just believe that bitcoin will become mainstream and will make me happy with my investment. The price is rising and that matters to us, if this will continue we will see some great success by investors and I know this will be widely use since people also want to try a better system which is a decentralized one. I also believe that bitcoin will be widely used by the people in this world because bitcoin is decentralized and it means that it has a lot of opportunities for the people who want to use it because they can make money with bitcoin and they are also secure because of the anonymity so they will not experience like identity theft and so on because security or identity is one of the most concern of bitcoin. The usage of bitcoin around the globe keeps increasing based on the markets that start accepting bitcoin into their business. Money making is possible, through the different earning ways starting from faucets to trading of cryptocurrency. As a part the blockchain technology too is getting implemented all around, so surely crypto will be the future as an alternative to the mainstream fiat system. |
|
|
|
put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.
Many ico nowadays are not profitable so i will not recommend to join but it's up to them investors but my experience im.waiting for couple months and the price keep decreasing. There are also scam ico be careful Not every ICO's were scams. To be on the secure side its good to invest into some ICO after a long study about the project. Later needs to have patience till it gets listed to the exchanges. When it gets listed to exchanges can understand that it is partially legit and based on the long running can fix it to be trusted asset. Here too luck plays role in providing profits. |
|
|
|
Bitcoin is the best crypto currency and therefore it should be chosen. In addition to all these advantages, decentralization can also be noted.
The importance of the bitcoin is increasing more and more. The value of the bitcoin is increasing more and holding of the bitcoin is now very important because the past was all about the people who were having the currencies like the bitcoin, the amount of the bitcoin is now being a part of the special currencies and the extra bitcoin holding services, so I think the bitcoin is the best currency to choose and to hold for the long time. Because of its volatility, many investors take risk and believes that bitcoin can give more profit for the long run. Many people become rich because of that. It is good to choose bitcoin because it can be use in faster and more convenient transactions everywhere in the world with less fees. It can be use in buying online expenditures also. Marginal traders particularly take advantage of it's volatility to make profit along the margins in the short term whereas those of us with little or no trading skills leave it for the long term and i think we are both making some cool dividends Margin trading is not advisable and not a good source of income if you want to make some money because the margin trading will not help you because it is a very risky way to make money and if you want to lose all your money then go for marging trading and for me, the better way to make money is just to hold bitcoin or trading altcoins because they are less riskier than any possible source of income. Margin trading too is an way to grow or make money. Here one needs to be highly skilled or else, should have a good volume of investment and a very precise decision needs to be taken on observation. With this even with a small price variation profiting can be made unlike other forms of trading. |
|
|
|
|
Show Posts
