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it is not surprising that many are concerned about governments that do not support this cryptocurrency technology and even threaten their inhabitants to stay away from cryptocurrency. Besides the government can make unfriendly regulation with the users of cryptocurrency, they can also narrow the space of the users of cryptocurrency because it is difficult to turn it off totally.
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Before you follow these signals, find out their historical probability of correct prediction. If more than 55% percent  , then you can try to trade by following their advice. A big problem it is. Really we often be listening the advices of different people here on this forum and in general life as well. They all are different with different mindsets. There is a chance that someone’s mentality can become resonated with yours and you could find a best solution. But there are healthier chances that maximum of the times these advices are totally different from your goals. So listen everyone but do what you think is more suitable. make it all as a reference in making a decision and do not use it as a factor or main cause in decision making. Because every decision is in your hands. Surely with enough experience, you can judge whether you have made a decision or not. groups or communities that provide a signal also contains people who have experience and share experiences they have. Being followed or not will not be a problem for them, as long as their group or community lives and has members, it is already benefiting them. |
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If what most of the people here speculated and expected of bitcoins and altcoins
for this year will positively go forward, we might be able to see and experience
plenty of major changes, with and through the major adaptations and utilizations
of bitcoins as payment options in stores, businesses and numerous services
everywhere. Giant companies like apple, samsung and other major brands will
accept cryptocurrency and integrate them more with their upcoming ventures
and products. I think if this will happen, we will see a new era of business
transactions with a fast and conveniently effectual payment system that caters
to the majority in a wider scale and spectrum. A truly revolutionary market.
Yeah, some of the changes that we would experience will be the usage of lightening network, which I believe would bring a lot of changes to the bitcoin sector on lightening transactions and adoption on the mainstream level. I have no doubt this would be a major development for bitcoin and I am sure we may see the likes of Apple in the future accepting bitcoin as a result of that. We are still early, so I guess we need not to rush. Before we can start seeing big institutions and merchants accepting bitcoin, we may have to see some few things in place and some trust that the system has really come to stay. I am sure, for now, they may not even want to take that risk yet, but I still do not know why a lot of them are still on the sidelines when they can easily just make use of the services that converts it to fiat immediately. It is their choice anyway. I even prefer to discuss when 25% of the world's population adopts cryptocurrency technology, especially bitcoin, rather than just discussing one company that is also engaged in technology. I mean, come on, we're more focused on figuring out how this bitcoin development can trigger people to adopt it. Lightning network would be great if it happened, but as long as it was still a plan, there would be no significant impact on bitcoin and cryptocurrency. |
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Hello Bitcointalk Family,
About one month, Bitcoin Price up and down between 10-12k USD. And, it went below 10K for some reasons. But My Confusion is" is this price will be stable for long time?" or is there any chance for pump like before? What do you think about it?
Please kindly inform
Thank You .
if you monitor the bitcoin charts on a weekly basis, you'll find that in the previous year bitcoin also stabilized in April and finally began to show a significant increase in mid-July. Maybe this year will not be exactly the same as the previous year, but I hope there will be a significant increase faster this year ie mid-May or July. |
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The banking is not important in this bitcoin era because the era of bitcoin is the bank itself and we can just store our money to the cryptocurrencies that we like and that will become the bank for us and it is important for us to secure our cryptocurrency wallets so we cannot lose any of our money because it is a bit riskier than banking because you are the one who is managing your money.
everything is not as easy as you say. Banks are part of the economy of a country, if a country decides to stop its activities in the bank, it means the government must make changes to the economy as a whole. After all, bitcoin adopters around the world have not even reached 5%, maybe too soon to talk about banks will be useless or not important. |
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I think it would be fun to have some kind of an idea about why people are in on the 'crypto-wave'. Let me be clear, that there is no right or wrong answers and both are good and none are 'better'..
Is it entirely because of the money that can be gained from the potential price increases, or is it because you believe in the tech? Maybe you do not believe in the BTC but other cryptos, that counts as well for 'believing in the tech'.
If you do not know whether you believe in it or not, you have not read enough about it, and then you are in because of potential gains.
I personally do not care at all about the reason, and there is not one of the two which are morally 'best'. It is completely okay to invest from the only belief and hope, that the money invested will become more worth. I just think it is fun to see
it can not be denied that the benefits promised by cryptocurrency is very tempting many people to not too concerned with the risks that are also offered. I believe only a small part of it goes into the world of cryptocurrency because this technology is promising in the future. Well, who cares about the future? The most important thing is now, for me, we are not necessarily in the future and what we should think about is today. |
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experience cannot guarantee what will happen in the future. Things that usually happen can not be repeated. Cryptocurrency is a very difficult thing to guess. Either there is a great director who set it behind the scenes or how. Currently 17 million bitcoins have been in circulation, and there are only 4 million bitcoin left. No one can guarantee, if bitcoin has reached the maxmial limit, the price will be stable. It could happen otherwise.
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if only the strength that we have if united can defeat the power of the X group, we may be able to fight the FUD. But the chances are very small. Perhaps some people realize that there is a group that can regulate and control everything. Market conditions, news, speculation and so on. They are the ones who have the power to organize FUD to investors. They are the owners of companies that monopolize the world. Yes, it's just them.
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as long as FIAT is still used, the bank will continue to be needed. Unless the FIAT is not used anymore, then it could happen.
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Just as the digital era, the photographic industry witnessed the bankruptcy of Kodak, the rise of online music, the disc has also been quickly eliminated, after the advent of bitcoin, the financial industry may also need to carry out major rectification. Will the bank disappear?
it could happen, but I would rather say that banks will be much less. Have you heard about big Japanese banks that lay off thousands of employees for replacing them with robots? Now that is a sign that we are going to live in an age of digitalization and robotization where human functions can be programmed into machines. Of course, the company will spend less if using the machine, because it only requires maintenance costs and no holiday. So cryptocurrency especially bitcoin is not the main factor of bank decline. |
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there are so many things that can cause people to discourage investing in bitcoin. One of them is having an extreme risk that no organization or government guarantees that bitcoin will survive. In addition, the level of fluctuation is very very high and has exceeded the limits of reasonableness. regulations from surrounding governments that prohibit the circulation and use of cryptocurrency can also be a barrier for some people to invest in bitcoin.
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this will occur when the percentage of bitcoin usage as an asset becomes smaller than the percentage of bitcoin usage as a means to facilitate transactions. So the total bitcoin in the circulation is greater, which means that the purchase of bitcoin is on the basis of the need for transactions and the price will be relatively stable.
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it takes about 2 months for bitcoin to drop from all time high ($ 20k) to the lowest point (about $ 5k). Within 2 months it is enough to give big trauma for most traders. This is because the bitcoin drops to about -70% of its peak value. Even today, there are still many people who are still in a loss because buying bitcoin above $ 10k. Surely this will affect the process of recovering from bitcoin.
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if we assess a $100 of fiat, of course we will not get accurate results, because indeed, the cost of making $100 fiat is not so much, but it is given such a value, and people accept it. If we assess the price of a gold, of course we can judge from the size and quality of gold, because its value is based on its form. Meanwhile, bitcoin appears in digital form, certainly not unlike money, bitcoin value is also based on people's belief in its value, it's just that not everyone agrees with it, so there are pros and cons to this technology.
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If you really are a good marketer with a good timing and luck, you will always earn money out from bitcoin. Just simply buy when bitcoin goes down and sell it when its price gets high. Just do that again and again and you will surely get rich.
That is a very big if, how many people are able to earn money through trading? Many studies show that in the forex market about 90% of people lose all their money that they invested in forex in less than a year, and taking into account that bitcoin and cryptocurrencies are more volatile and even more difficult to predict that percentage must be higher. well, that's the trading world. Some win and some lose. If the number of the winner is greater than the lost, this is certainly a failure for the trading provider company. Conversely, if the number of losers same as you mentioned, then it is their advantage. It's just a business issue and we are a part of their business methor, Like it or not, it is your own decision. |
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I do not really know if in this case, the person is storing bitcoin in the wallet online. Do not rule out that they can access the bitcoin that we have if not accessed for several years. If he keeps it in an offline wallet or wallet hardware, the bitcoin will be out of circulation if the owner dies and nobody knows his private key.
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Hello everyone, I want to share my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increasing my bitcoin with this strategy. So what do you think? Am I doing right with my bitcoin? Or you have any advice. Please explain.
The strategy you do on Bitcoin is very wise and smart. You can get multiple benefits from your strategy. Your efforts will not end in vain. Thank you for sharing your Trading Strategy. I love it. We are always busy in the managements of market products and that is why we do not think much about our strategies about Bitcoin. The first step is entering and from that time till now we should just focus on the progress we have made. If the progress from Bitcoin made you rich and you have huge money in hands then the best strategy that time I consider to divide your money on a lot of businesses besides Bitcoin. The progress is continuing and the businesses are also continuing that is called portfolio. Well, you have a point mate. The strategy of buy and sell of bitcoin has really made us possible to be rich in the future and it requires patience ofcourse and keep on monitoring the market of bitcoin. About making a business besides bitcoin is make effective I guess, if there is no bitcoin anymore, I mean if the cryptocurrency will end. well, so far .. I only consider income from cryptocurrency as a side income even though its value is slightly bigger than at salary my main job. But it can not guarantee you. If ad insurance is going to protect your money from cryptocurrency speculation, then I will be ready to leave my main job and be able to focus with this cryptocurrency. |
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Second Learn what kind of investments you need to do, here are:
• Trading
• Holding
you should explain this part in more detail. trading and holding are two things that can not be separated because people who do trading will certainly holding the asset to a certain point. Then the difference is the time span, where there is a long-term trade and there is also a short-term. That's what distinguishes the two. |
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based on my previous comment which says there will be no significant positive movements until May. Evidently, in mid-April, bitcoin and altcoin are seen slowly back up, and we'll see whether the shocks will be given by cryptocurrency, either this is a good sign or just a bull trap.
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33. This includes both copying parts or the entirety of other users' posts or threads and copying content from external sources (e.g. other websites) and passing it as your own. I just wanted to ask because I recently saw a fellow member in this forum who mostly posts copy pasted contents from some popular websites but he always put the source at the bottom. The question is it okay to reply a topic with copy pasted content from the internet and just put some source at the bottom? so far there is no problem with it as long as the OP includes the source of the article quoted in the post or at least make the sentence quoted in an article on the website to be italic. Everything also depends on the account used, whether the account is following the signature campaign or the like because in the signature campaign there are rules that must be obeyed. |
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