We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
The government's announcement that Bitcoin is illegal is not too difficult to understand. Due to its overly good features, it actually does too much to do business by eliminating the third party and the supervision of any organization. It is illegal to do anything illegal and trafficking in human beings has been discovered recently. |
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The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:
2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+
Do you see something frightening in it?
We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?
In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!
So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.
Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.
What do you think about it?
I think people are moaning about Bitcoin prices because they do not really want to seize the opportunity to invest in it. They should find ways to earn money that may in the future when Bitcoin goes down or increases prices, they have the opportunity to invest in it. That will help them balance their personal finances more easily. |
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It is unreasonable to assume that the currency will fall. It is a tight system all over the world and it is not easy to crash whatever happens. Bitcoin may be a good bargain in the future but it can only do the best with the currency. Currency is currency, bitcoin or crypto is different. Every thing has its own advantages. |
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When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy% I don't really spend much of my Bitcoin , because I am always in fear. I am not talking about cashing out , but for digital goods. How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more. How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency I don't know how to make a poll here , so :- http://strawpoll.me/1793917This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received. Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency. EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so. I think people will use Bitcoin more comfortably when it's more stable. Here I would like to mention the price fluctuation of Bitcoin. They will not want the value of their currency at highs and lows that affect their economic activity. Currently Bitcoin is still fluctuating prices quite often and it is not guaranteed for users to use more peace of mind. However, I believe it will soon be properly considered and widely used. |
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I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :
Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare
I think this can be possible, what you think so comment below...
I think crypto can stand without Bitcoin. Bitcoin has helped people see the great features of transactional and asset management of crypto. So in the future, Bitcoin may not be as strong as it is today, crypto will still be widely used because of its superiority. Today, altcoins like Euthereum or Litecoin are increasingly attracting more people to invest more money. This suggests that altcoins can keep the crypto market healthy without Bitcoin. |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
People are afraid of investing in electronic money because they are not convinced by its features. To put it more clearly, they do not believe in the future that it can be used to trade extensively in more buying and selling activities. They often come to crypto for the sake of earning high profits easily. And with the unpredictability and price volatility is not as high as before, the price of more than $ 3,000 for Bitcoin really make them afraid. |
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I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?
I will still retain Bitcoin though its price is dropping abnormally. I believe it will soon rise again. I invested in Bitcoin before it hit the ceiling price and still believe it can continue to make more money. I also believe in the possibility that it is widely used in the future. On the issue of profitability, I also invest in Euthereum as well as Litecoin as a backup plan. |
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Here's a guide on how to do cryptoinvesting. An excerpt from http://cryptodime.net/how-to-pick-the-best-cryptocurrency-to-invest-a-guidline-to-trading/If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need to understand. In this guide, you will learn how to choose the best cryptocurrency investment for you. We will also analyze a few hot currencies, to kickstart your research. Keep in mind that this guide focuses on long-term investing strategies and NOT active trading. The Best Cryptocurrency to Invest in is… Anyone who tries to tell you that the “X” cryptocurrency is the absolute best cryptocurrency to invest in, probably has a very large vested interest in it. In reality, there are will mostly likely be several big winners in cryptocurrency. It’s like the dot com boom, where companies like Microsoft, Oracle and Google ultimately became blockbuster investments. But you only made money in those investments, if you understood why they were good investments AND you had a reason to keep those investments for the long term. Otherwise there would have been a big temptation to sell them as soon as you made a little bit of profit. If you don’t understand what a cryptocurrency does or why it’s valuable, then don’t invest in it. Many of these cryptocurrencies are going to be a passing fad. There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown us the potential. But the majority of coins will fade into obscurity. Since nobody knows which ones will be huge winners and which ones will be epic fails, we believe that the best investment strategy is to have a portfolio of currencies. Putting all of your eggs into one basket is a recipe for disaster. You don’t have to understand every single technical detail of each currency. However, you should read a lot about a currency that you want to invest in and make a very informed decision. That is the only way to find the best cryptocurrency investments. Bitcoin seems to be the most famous crypto. But now it is increasingly unpredictable with price fluctuations smaller than before (about $ 400). Compared to the $ 3000 purchase price, it really needs a longer-term strategy and more investment to be profitable. The altcoins like Euthereum or litecoin are the right choice for short term investment. Prices are not as high as Bitcoin but still have the potential to raise much higher prices in the future. |
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As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?
Both Crypto and the stock market are risky. But with Crypto, I was investing in a great tool that became popular in the future. It changes the way transactions and asset management. And if you want to be profitable with short-term investments, altcoins like Euthereum or Litecoin are the right choice. Bitcoin needs a more long-term strategy. |
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I think if you can buy it now. Predictions may still be predictions. Bitcoin is always unpredictable. It is recovering and on the rise. Price fluctuations can be very large and profitable. Make the right decision to not lose your chance. |
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I used Bitcoin to buy altcoins like Euthereum and Litecoin. Then sell the altcoins when it raises and use that portion of the proceeds to buy more Bitcoin when it drops. And I see your strategy seems to be similar to mine. I do not intend to leave the crypto market and will seek to shift this investment from Bitcoin to altcoins as well as vice versa. |
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In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.
However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
I think the altcoins will not be able to control the market like Bitcoin. The altcoin is now on the road like Bitcoin before. Bitcoin has reached a new stage of development. It is well known. Bitcoin is also believed to be used in more transactions than altcoins. |
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Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?
I think Bitcoin's daily price fluctuations are getting smaller as people have not decided yet to invest in it after the downturn. People have not used it to trade much back so its almost worth standing in place. With that, Bitcoin prices are getting higher so it does not receive massive and powerful investment as before. |
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
I think Bitcoin is worth the investment. It has recently risen again. So this is the right time to buy Bitcoin. Of course, you have to consider your property for daily spending is not affected. Be patient with it. It can bring you many benefits. Consider trading or retention as it may be difficult to buy Bitcoin at a reasonable price. |
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Bitcoin made the world go crazy because of its price volatility a little while ago. People pour money into it to earn high profits easily. It attracts a large amount of money and then soon declines. That shocked everyone and the world economy lacked a significant amount of money. |
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as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
Your opinion is base but it is not enough. Governments not only kill bitcoins for these reasons. Bitcoin can even remove banks from transactions and allow consumers to manage and decide on their own assets. That reduces the money in the bank and affects its investment project plan. |
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Honestly, many people seek cryptocurrency more because of its volatility. Whether they do it consciously or not, they wish to make large money quickly. This can happen only with a volatile market. Further, we find a lot of newbies even in this forum feeling bad that they lost money or they could not make money as value of BTC has not risen much especially with the expectations being high after the 2017 last quarter. Seeking such profits is not bad but before investing I feel there is a need to prioritize the needs that could be fulfilled with such an investment as BTC especially if you are looking to make money soon rather than keep BTC as a long term investment.
This very motivation and idea behind the investment will speak volumes on the reaction of the investors once the market is down. Strangely, many people do not sell when the market price is high and even when their purpose of investment will get fulfilled. They wait for the price to soar even higher. And if the value starts trickling down, they still hodl and wait for the price to move beyond the point where it had last peaked high. But again, when the market is in a steep downfall, instead of buying, many people will start panic selling and end up in loses. Many a time we find this even in the new threads and discussions even within our forum.
So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?
Few years ago, bitcoin was not too expensive to buy. The bitcoin period shows that its price can go up a lot. That made me invest in Cryptocurrency. Later on, I realized that Bitcoin could do much more in its later life than just a short-term investment. I changed the way I look at Crypto and how to use bitcoin. |
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I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.
It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.
Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.
But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.
After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
I have used bitcoin to buy altcoins recently. When bitcoin starts at $ 19,000 and has a down sign. Then it went down very fast. During that period, I decided to use a bitcoin to buy potential altcoins like Euthereum or Litecoin because it has a very low floor price and still has the potential to raise the price up high. |
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In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
Bitcoin needs a strong push to invest in it to make it more stable. It gives the credibility of ensuring that users use it as a commodity trading tool because they know it is worth it and that value is widely acknowledged. From there they will use it more in transactions, paying the fees. Thus bitcoin will be considered as a currency. |
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Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
Bitcoin will replace the currency in a few transactions rather than replace it completely, which is my opinion. It will appear as a convenient option for users to pay as well as buy online instead of out of the store. In the digital age as it is now, it will probably happen in a decade or two. |
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