Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Regulating a digital currency with such a large market cap of billions of dollar is not an easy task but with the government backing its possible as examples can be seen where its official currency.But no one have monopolistic control over it and prices will soar if this happens as it will be accepted globally and demand and investment will increase.By making some amendment or new laws the government can regulate it's usage as the legal currency.I want this to happen with bitcoin. |
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USA,CANADA, CHINA and now INDIA. Its growing.Now India is trying to regulate Bitcoin. Source : https://www.coindesk.com/indias-supreme-court-calls-government-regulate-bitcoin/Though the correction on the website says that the court just asked the government to respond to a petition, but it can be foreseen that, Its India's turn to regulate ICO's or Bitcoin. What happens if India regulate bitcoin and ban all exchanges.How do we Indians get our money back in INR( Indian currency) which we have invested in Bitcoin? The regulation is done to have some control over the illegal activities which are creating monopolistic control and practicing the wrong decision. Similarly with growing popularity of btc the scammers and hackers are using it for gambling and sale-purchase of drugs and other things which are banned.SBI the largest bank of India is adopting blockchain technology to its system which clearly indicates that government do not want to loose control over fiat so they are taking such decisions.But it can give w blow to large individuals. |
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I bought a bit bitcoincash and think to sell it for $ 2000. When do you think, this will happen? after new year or before?  Doing speculation about bitcoin cash is really very hard or say it's impossible because the market cap increased within few days and the price was artificially set and increased by the clever minds behind the curtains. Many became victims and sold their bitcoin in oreder to exchange it for BCH which was the worst decision and now you are seeking the price would go upto $2000 which is not possible until the same drama is played once again.The whole scene was pump and dump the coin after reaping huge profits within short time and then who have coins will face loss.You can notice the above given screenshot graph and situation will be clear to you that it was price manipulation done on large scale. |
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In 2016 January BTC price was around $450 — $750.Then in December 2016 it was jump to 800$.In 2016 BTC price increase about 350$.But in this year started with $800 and now it turns into $7000.why this happen?
Many individuala are seeing crypto market as good profit making source within a short period of time and for this they are buying bitcoin as it can be exchanged for any other altcoin.As the number of investors are increasing the demand for it and its total marker cap is boosting to peak level which was not the case in 2016 when price was $800.The other reason behind this successful year is launching of Segwit which reduces the transaction time making improvements and the other fork which make btc more popular. IN the coming time we may see the price to the moon. |
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According to different Statistics the Future of this virtual currency is so much brighter than others currency and people will find very easy to deal with every thing through bitcoin. some Reasons are really very fruitful for economical development such as
1.In future buying bitcoin is more easier than past condition ad people can complete so many task very easily.
2.most of company use bitcoin as a local currency that helps to regulate bitcoin like regular currency and more company will interest for using this currency(bitcoin)
3.international client are more visible if this currency will use globally.
4.in future if government use the protocol then cyrpto-currency will protected and people feel safe for using this currency.
Adoption of bitcoin by large population will give the price pump to BTC in coming years as because of the regulations or protocols of the government or agencies providing more security to the transactions will make faith of people on it but the government might limit it's use because they cannot allow a virtual currency to stand its legal currency holded by them.Transactions fees might get low and price may become less volatile and for connecting globally people will use this currency.But in reality no can tell what will happen in long run only assumptions can be made. |
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Hello guys,
Currently many people buy and hold crypto currencies for many reasons.
It will be interesting to share your goals in 2018.
Mine would be to make 20,000$ profit then I would take back my initial investment plus half of the profit. The remaining half will be used for re-investment.
How's about your goal and plan?
To hold the coins and gain profit is the gaol of many but my goal is to redeem the 60-70% profit I would get and invest in real estate market because the market is less volatile and prices always pump without any dip over years.On the other side start dealing in good altcoins and increase my earnings upto $ 3-4k in coming time.Beside it the other aims set are to buy a good computer with high graphics sobi could widend my developing skills with more resources but goals may differ according to price changes in market and time. |
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So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.
The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.
I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........
As now bitcoin is gaining popularity through media channels publicising it's value to the audience. The big financial experts or so called financial traders are making their judgements about btc and spreading news among masses that its just a bubble and you might get scammed so be away from it.They are only doing this because of the fear they are feeling because they cannot compete with bitcoin and think that they might losse their imporatance. So there are negative news always or criticism when something people are not part of it but cannot do any harm to it. |
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After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?
If your government intervenes to much and regulate the crypto market of country by imposing some restrictions or ban then it would affect the prices heavily and people will start dumping their coins.Let's suppose you cannot pay any bill or exchange your btc in your country because of the government then what would be the fun of keeping them with you. The second reason may be people losing their Faith from bitcoin or other coin might replace its value over long period.These factors will contribute towards downfall of btc prices. |
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I am a newbie to crypto field.I want to now some crypto trading tips.can you help me
Few are some of the tips good for trading: 1. Never trust anyone blindly who gives you advice on how to trade but use your own knowledge and experience and then make good decision instead of creepy one. 2.Learn from your past mistakes and recover them in future planning. 3. Make your own trading strategies by not comparing and copying from others. 4. Keep a regular monitoring on the market and be aware of the new things happening in market. Apply some of these which might not make your expert at once but may help you in some way. |
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I hope 2018 will be an awesome year for cryptoworld and especially BTC !! BTC should be over 15,000 $ next year The digital era had already began where digital modes of transfer are being preffered over other fiat Money and in the coming time crypto currency will be used by masses which may explode their prices to a peneker level.Many experts believe that according to surveys BTC prices will be near $20k in the coming year and if we speculate the price keeping in mind the price trend we can figure out the price to be nearly $15000 in the first half of 2018 and along with it grows other altcoins. The gold market is being dumped and prices are simultaneously falling making crypto market more profitable and popular among people.So let's wait for it. |
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Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.
I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.
When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost all my profit.
This is the problem of most people that when there is a slight decrease on btc price they got panic and sell their btc at that price but the need is to be patient if you want profits in this way or sell at profit and rebuy at dip waiting period is less for gaining profits.But if you hold for long term you will surely get profits 100-200 times if the trend continues for coming years.At last investment decision have to be taken by you with knowledge and not trusting any advice blindly by strangers.Use your trading experience and be good at it. |
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I mean forks are there and if it goes over it it will increase price right?
When we are dealing in crypto currencies then future success is not guaranteed because its to risky the price may go up or down in a while leaving you with nothing. Although this year was great for btc but some are not Inspire of hard fork price went down and recover within short span of time and after the Cancellation or postponement of B2X the price is going up but nothing is pre-determined in this case. |
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 Amazon is the largest e-commerce marketplace globally, and within a span of few years, it has quadrupled its market cap to $532 billion. It processes an unprecedented amount of orders and hence, the integration of payment technology or digital currency would require a prudent testing process and cautious implementation.
At this point, the demand for bitcoin is evidently increasing at an exponential rate, as the price of bitcoin recently surpassed the $7,000 mark for the first time in history. But, the scalability issues of bitcoin cannot be dismissed, since the size of the bitcoin mempool has increased back up to 50 million and the block size has remained above 1.04 MB in the past few days.
Currently, some of the most widely utilized bitcoin wallet platforms such as Blockchain and Coinbase are recommending transaction fees above $1. With SegWit-enabled wallets, the fees would likely be below $0.7, since as hardware wallet manufacturer Ledger stated, SegWit provides at least 35 percent reduction in transaction fees.
But, Amazon cannot expect general consumers or beginner bitcoin users to use SegWit-enabled wallet and enjoy lower fees, and in the short-term, the company may receive complaints in regards to high fees.Read more here...
The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption. I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know. There are numerous thread about this on the forum and many meetings have been held by the amazon executives to discuss about this but still they there are no positive signs from the company to accept it although they are showing signs to adopt it.It is the largest e-commerce website with customer base of millions and they have to take into consideration the negative aspects also before incellcating it into their platform because of its volatility and risk involved they might suffer loss.But in coming time they might accept crypto coins |
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How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..
Can someone advice me on how to start again.
You should not have invested such a large capital to buy such risky assets which are not backed up and you started trading without knowledge which cause you to loose your coins.You should have contributed a little and hold it for long time and gain profits as btc rose 3-5 times from July to at present or should have earn some btc from campaigns and then invest in digital currency but still there is risk so you need sound knowledge if you want to survive in long run and reap profits. |
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BTC can reach 8000USD or not? (Share your opinion)
How do you think about that?
BTC will have a Hard Fork but Now BTC doesn`t have a power.
Reach more than 8000USD within Hard Fork or not?
It has reached approximately near $8k as there is only a nominal difference of $100-$150 so it's not just in dreams but has happened in reality and it will go more in this year although it decrease in past few days because of BCH market cap increased but still it recover like a miracle and is still increasing so be ready to witness the peak price soon. |
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Its common question of most of people who want to get online currency. For purpose of getting bit coin we have work be more creative and innovative through our own work or creativeness.When we work as skill staff we can get so many online work after accomplishing this task perfectly we will get some virtual currency like bitcoin. After getting this currency there are so many way to dispense this currency or convert this currency from virtual currency to local or international currency.
For exchanging this cypto-currency to local or international currency we need different system like PayPal and others service providers.
There are sources from which you can get paid in bitcoin but for this you need complete technical working and the information related to the work you are doing.For example you can join any signature campaign or bounty campaigns on this forum with thorough knowledge and fulfill their requirements and after the work is completed you get paid in btc or you can try some other platforms which are legit.Now many countries are adopting btc as mode of payment so you can be benefited from this like using debit/credit cards and pay in bitcoin |
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I cant believe this
bitcoin is about to reach 8000 USD
The recovery is too fast. and there is a high chance for 10,000 USD by end of this year.
I was monitoring the price growth of btc on coinmarketcap from few days and now it has reached almost $8000 or a minimal amount behind which will be crossed soon and if the holders hold the bitcoin for a long period by not selling at current price then this trend would lead btc price to the peak within this year |
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I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above $8,000. I have also see that this may happen before end of this year.
By regular monitoring the price level changes we can speculate the price of any share or coin in which we are trading but our speculation may go wrong and if we have a look at btc price change anyone can tell that this was the most important year for bitcoin inspite of the forks price was risen and we can say that price can pass $8k in coming months as it is already above $6500 so let's hope for the best. |
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I predict $9,250 eoy.
If the trend continues we hope the price line to reach near about dollar 8500-9000 by the end of this year as we see that this year was boom period to bitcoin and the chances are now increased for the price to rise more as it is already more than $7k and let's hope to get our X-Mas present this year in form of price boost. |
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Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
A lot of stuff is available to you on which you can spend your money earned and telling honestly I spend my bitcoin earned on various things like buying fancy clothes and gaming material and most important by converting it into Fiat. Moreover my wallet helps me pay my electricity bill,recharge my phone and other things by paying in btc.You earn to spend not to save for coming generations.Its my opinion and may differ from others. |
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