As quoted from CNBC there is a cryptocurrency will be zero. What do you think ? From : https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html I also believe that some crypto currency will be zero because at this time the competition in crypto currency is very high. if one of the crypto currency companies lost in the competition and was not able to attract investors to invest on their coins then they would go bankrupt. those who can not make changes and improvements in order for their company to become popular then they must accept defeat in competing on crypto currency. |
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Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20. How many years Bitcoin will need to become No.1 ? I believe the next few years bitcoin can be ranked number 1. bitcoin is very easy to receive by the community because it is very profitable. people who work on bitcoin say they can buy something from their work on bitcoins. the next few years will be more countries will receive bitcoin as a means of payment therefore I am very sure bitcoin can be ranked number 1. |
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Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
yes, if doing business in crypto currency requires patience so as not to waste the coins we have. if we do not have the patience in holding the bitcoin or altcoin we have then we will not be able to get a lot of profits and even will get huge losses. the nature of the crypto currency is unstable, then we must be sure after the price decline in the market there will be price increases at a time that can not be determined. |
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I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
in the near future bitcoin can not yet be used as a means of payment in all countries because only a few countries that have inaugurated bitcoin as a means of payment, but I am sure in the future we can use bitcoin as a means of payment in all countries. I also agree with you that it takes a very long time for bitcoin to become a global currency. |
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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 bitcoin will still be a coin higher than altcoin and coin that will control the market price. altcoin will always be below and will always follow the path bitcoin, if bitcoin decreased then altcoin will also decrease and vice versa if bitcoin increase then altcoin also will experience price increase. bitcoin will always be the most popular coins because the first coins are created. |
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Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
yes, I think investing in bitcoin and banks are equally at risk but the more risky are investing in bitcoins. in addition they have their respective advantages that if bitcoin we can control the bitcoin we have in the wallet own and if investing in the bank suffered losses then our money will be back again. although bitcoin is more risky than investing in a bank I will still invest in bitcoin because bitcoin has a brighter future, bitcoin prices can rise abruptly and can even earn twice as much. |
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Silly question right?  Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks. Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell. Some like: * death... obviously * house burns down along with hard wallet * one can accidently loose his cold storage or hard wallet * maybe other you figure out and I add them So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks? UPDATE: I started this discusion because I can't see a decentralized solution for that, most of the centralized ones are largely known (wills at layers, online wallets and so on) but do not meet the security criteria as still imply a trusted party. Better simply handover the private key directly to the inheritant IMO. What I want to determine is if it IS realy a concern for the comunity or not, and if yes than we can contribute all together to the creation of a such product. But again I realy do think it should be built decentralized and trustless. right now I also have not found a way in this forum for inheritance problems when we die or there is a fire and others that cause our bitcoin and altcoin to be lost. I just have a way to manually save the private key in social media and store it on the phone, besides we also have to tell the wife and child about the wallet that we have, so in case of disaster then our bitcoin wallet remains safe. |
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my opinion, bitcoin does not have much risk if we can control the emotions when prices in pasa decreased. in buying altcoin and buying at a time when ICO should be careful not to get coins that do not have a bright future. I suggest buying at ICO time if there are many investors in it and have a good road map for the future. |
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Why bitcoin is votality compare to fiat money. Many say bitcoin is not a good investment because it is votality.
What is votality?
liability to change rapidly and unpredictably, especially for the worse. this is the fast price change.
Why is the votality of bitcoin high?
Bitcoin is a low supply at the time of its growing number of users and it has become a demand for the masses. Many want to buy, Many want to sell in easy-word multiple transactions. When many bitcoin transactions are fast market movements and we do not know what might happen because of the emotion of the seller and the buyer may have the price increase or decrease. So the bitcoin is votality because of the small supply and in-demand.
Why is fiat money not too volatility?
Because the government is able to regulate a traditional money, they can make new money and just increase its supply so that it does not have a votality compare to bitcoin.
Note: This is my only opinion, if you have any opinion you can also share it.
yes, I also agree with you that bitcoin has an unstable price because sometimes the demand is high and sometimes the demand for bitcoin decreases. other than that bitcoin has a very high price because the number is only a little bit as much as 21 million bitcoin. fiat money has a stable price because the government always creates money every year in accordance with the regulations in the country so that the price is always stable. |
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Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
yes, in the next 5 years people will increasingly use crypto currency as a means of payment. now we can see that more and more sophisticated technology projects are relying on crypto currency for the development of their projects. now we can also see some investors who start buying and holding their crypto currency for their future use. |
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Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
have bitcoin and altcoin will require patience to get a lot of profit. most people who are rich because crypto currency hold all crypto currencies they have in a very long time because crypto currency more expensive as time goes by. if there is a decline in price we also have to be patient, do not sell at a low price better be patient waiting for prices in the market to recover. |
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#JOIN
Bitcointalk username: dificanovi
Forum rank: Full Member
Posts count: (682+1) = 683
ETH address: 0x4C648bda6f88F9a5793dd1627c0b45dcC9b0E785
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I have seen a lot of rumors out there they are saying next bitcoin is a Litecoin it possible?
if in case the bitcoin disappears then that will replace it is Ethereum. I chose Ethereum because at the moment many people are using Ethereum to invest. I also saw many bounty who received the ETH address for their coin delivery place. |
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banks forbid bitcoin because bitcoin can affect everyone to save their money in bitcoin purses. if more and more people know about bitcoin then they will save their money in bitcoin wallet by buying bitcoin or altcoin.
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I am very happy to hear the good news about the future of bitcoin. in the future there are many changes that occur in crypto currency. all popular crypto currencies will be very expensive in the future because people all over the world will know bitcoin and they definitely want to invest in bitcoin for trading.
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This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used  He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying." you lose a lot of bitcoin, you can go crazy if you keep thinking about it. I think everyone knows what you feel after losing a lot of bitcoin. now I suggest to be patient and start a new sheet to look for bitcoin again. if something very precious is lost then it is very difficult to find. |
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if samsung has received crypto currency it will affect the bitcoin price. if a large company like samsung has received crypto currency then bitcoin and altcoin prices will be more expensive.
I am very happy with this news, I am sure in the near future bitcoin prices will recover.
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Do you think that cryptocurrency should be taught in schools or University? Specially in the field of business management?
As a student, I believe it will give us an advantage to this so called cryptoworld, right?
I think if bitcoin is not taught is also not a problem because we can get knowledge about bitcoin in this forum and if the teach is also better because knowledge of crypto currency will quickly spread widely throughout the world. if the science of crypto currency is widespread it will encourage everyone to use bitcoin for trading and to invest. |
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Why, until now, government all over the world still doesn't trust bitcoin?
at the moment there are still many governments who are unsure of bitcoin. from the information I got that the government does not believe in bitcoin because they think bitcoin is where criminals deal to buy weapons, buy drugs, and money laundering. other than that the government does not believe in bitcoin because transactions that occur can not be in the know person who sends and people who receive bitcoin. |
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