Handling fiat currencies comes almost as second nature to most people. Whether in paper or in their online banking system. They understand its value, how to trade it for products and services, and how it stacks up against a few other foreign currencies relevant to their lives on the global exchange.
Anyway, these years cryptocurrency is growing so fast. So it is truly possible that it can be the money of the future.
As a matter of fact, some programs have already experimented with the use of cryptocurrencies as means of distributing a universal basic income.
Further, cryptocurrencies could help to get rid of intermediaries in everyday transactions. This could cut costs for businesses and help out consumers.
For promotion of crypto in the world we should promote it in our local communities. When more and more people come to know about crypto and they realize that the world is turning towards crypto they will invest money in it and thus the value and price will increase. I know that it will take long time but one day the whole world will use bitcoin b this way. Yeah, this is modern world and all we need is to get success through modern technologies which are in our good. We know of the Bitcoin and other cryptocurrencies as well but it is not so easy to use them for profit. You will need to get education of the crypto markets which will make you able to understand and handle the situations and difficulties appear in the market. |
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What could be price of bitcoin in next month ?? $5k $7k $8k $10k $15k or $20k Predict please   I hope that the price will grow to $10k dollar soon but in the state of the market today, the prices of bitcoins might increase even more if most of the people will prefer on selling their coins so the best thing to do today is just to hold our coins. The future price of the Bitcoin is unpredictable and gives the future value with uncertainty and this is due to the changing factors of the market. The market is not stable and not showing a constant increase so we can not predict the accurate value. However the future average improvement is easy to predict by calculating its average factors will give us the future improvement. Bitcoin's price is fluctuating and it is really hard to predict, it just in the midst of the year and the value of bitcoin is hard to reach the amount we desire. But I strongly believe that bitcoin will increase at huge amount and will transcend from its downfall. And by the end of this year bitcoin can reach $20k or more over. About predictions my arguments have been converse that the Bitcoin market is unpredictable up to some extent and it can not gives us the accurate future value but gives us the prediction of value with uncertainty. However the average improvement of the market is predictable and we can find out that the market will improve by its average price if we calculate its average increases. |
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NO and Yes since bitcoin price can fall and at the same time goes up. Bitcoin price free fall is not consistent, sometimes, it goes up within the downward price trend.
No it does not look like it will fall any more because it is already at a low point in time. All the investors who have purchased their coins when the price was high are holding and waiting till the market recovers. But there is still that element of stability that is giving hope pf the boom that does not last longer. Better make your own plans to cash of hold even it is boom. |
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If anybody having lost in this present day market however, the best way to gain all your lost and make more profit to yourself is yo hold those altcoin. Moreover, the whole market now is very sick and unhealthy we don't really know the root cause of the unhealthy market.
This is bad and it hurts me to hear such a statement from someone because it is never the fault of the technology but always a wrong decision been made by the investor. Sometimes they sell low or panic sell, at times they may buy high and so on. The factors like return associated to crypto, risk and the decisions like buy low, sell high etc are very instrumental in keeping you safe in the market and leading you towards good future. |
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I believe bitcoin will go down as low as 5,000. As I have said in my previous posts, Start learning buying assets by laddering technique. This will efficiently distribute the quality of your trades
Well I do not believe that because we are heading towards the end of the year and so many experts have been predicting so positive things about Bitcoin that would happen towards the end of the year. So we should rather stay optimistic and invest without waiting for the prices to fall to $5000 because I doubt that would happen. Also even a little jump is enough to increase the demand or in other words investment. Better choose your slot. |
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Let's hit it then I can buy more  yah i want to buy i will wait for the bottom A very strong one! Not that scary though until it starts becoming scary but from the look of things, the bears are really not smiling and they are ready to devour the market until they are fully satisfied. However, it should not scary for those who are smart enough to see it as an opportunity of getting what they probably thought have missed out. Like they always say buy the dip and you will always be in the best position ever. |
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This was back in September, and as we saw with the Bitcoin prices it did not affect it at all. We're at a point where a single country cannot really affect the price.
Actually I would beg to disagree but it does affect the values of Bitcoin in the market and that was the reason why the prices dropped so sharply. This is a factor that we call it exogenous and it disturbs the economy as a result of which the demand falls and the prices also fall. What matters the most is that China was the center of high Bitcoin mining due to low priced power and if that is no more, of course it affect the Bitcoin. |
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Both matters, yup, they do matter. The amount you invest can contribute in making the price to go high, and you’re not going to be lucky at all times. If you’re lucky, you will be investing at the right and will make profit from it as the price goes up. Not everyone makes profit every year, some people lose their money. My friend lost about 20%. You never know the right time to invest.
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I think we will see crash of the price to $ 1000 - 3000. According to technical analysis it will happen until the end of summer. Then we will see very slow uptrend or flat. Recovery will start only in the spring of the next year. And update of ATH will happen after 2 years.
No, the price of Bitcoin is not so good this time and in the current market the value is very low as compared to the average price of Bitcoin so this is not a good and favorable market for sellers. However this is a very good and favorable market for buyers because the market value is low and we can get large quantity of coins on the usage of fewer amounts. The price will soon increase once the rate of demand increases. |
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Uuhm… Bitcoin has lots of advantages and there are also disadvantages. The advantage is that you will make profit, it is fast for transaction and the fees you’re going to be paying the transaction you make will be much less compared to what you will pay by making use of other payment services. When it comes to the disadvantages, it is volatile and if you invest at the wrong time you will end up losing your money. Another disadvantage is that it is not widely accepted.
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Even if they are the biggest organization in the world they can't control the value of bitcoin because all of the people who are using bitcoins are the stake holder and no one can say that in the future the value of it like that. Only time can tell to us what will happen in future.
If the price of the bitcoin is very low then the investors needs to hold on that is the way to make the value increasing so make a little patience and wait sometimes then it will be normal soon. Not just hold, seeing a strong correction right now, will just make me to buy more and the lower it gets, the more I buy as long as there is nothing that is fundamentally driving it down that one needs to be worried about. This is just the same thing I always do when the value just keeps going up without any real usefulness or demand, except greed. There is a lot of potential in the future and only those who know what they are in for will always be the ones there to get the best at the end. Yeah bitcoin is uncontrollable by any big and strong organization, but I think that the market is manipulated by big investors. So you can say that the price of bitcoin is controlled by big investors. Many people think that the current big dip in the price is because of the big investors. They hold the market and change the price according to their well. |
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Mission impossible I would say it is not a mission impossible and the government can do many things in expanding the technology and legalizing it. If it is legalized, the government will keep some good check on the market and the scam coins will disappear. Also when the technology expands, more and more people will come to know about it as a result of which it will be difficult for the frauds to outwit the investors and they will only invest in genuine crypto. |
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I think no wonder if that happens
It looks like they will. Like last year when the price of Bitcoin jumped high in the first week of December and there was again a big jump in the second week. Almost all those who cashed earned a lot and the world even witnessed some Bitcoin billionaires as well. No doubt the history can repeat itself and we are possibly going to see some good jumps in the prices towards the end of the year. |
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I believe the answer to your question would be when the big supermarkets accept some form of btc for their goods.
In my opinion, people will feel comfortable using BTC if they have enough knowledge on how to use it as currency, an asset and an investment, experience the benefits given by BTC and if it is fully accepted worldwide. Those who are not feeling comfortable with the Bitcoin can surely stop investment or using the Bitcoin because their insufficient knowledge made them feel uncomfortable and is the main reason. Now as we know about people who were with low wealth are now millionaires and billionaires because they used the Bitcoin correctly. It is a much benefited way and we do not have to waste our times more. |
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Economics is a great (though not a crucial) subject to study because it provides the foundation for so many other subjects. It is much easier to understand business, cryptocurrencies, and even seemingly unrelated topics like politics, law and history, if you have an understanding of economics. Plus, it’s interesting without being unnecessarily difficult. They don’t call it the science of common sense for nothing!
All we need is to get knowledge about things related to the economy of a country or a state for which we study the rules and principles of economics and result positively. If we so not have knowledge of market on the basis of economics then we may not be able to run markets and the markets may not survive. If need to get profit from any market I must be learning the basic economical rules. |
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Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
If you have set a target price to sell your bitcoin and that target price is already hit then its time to sell your bitcoin. Bitcoin's ability to recover from deep corrections have been proven in the past and it best for long term hold. If you are a bitcoin believer, it better to hold your coins instead of selling them because of some speculations about the possible bitcoin surge of dump. That is one of the strategy that i agree with because selling your bitcoins right now is just a dumb idea since you bought maybe from a high price and you are planning to sell it for a lower price compare to the bought price then that is an obviously loss and it is better for you to just hold them or put your bitcoins into altcoins to gain some more bitcoin. Many people here are saying that the current market is not favorable for sellers and this is true, as the market value is low and encourages people to buy at low price and not encouraging selling out because it is a clear loss. So buying coins in this time will be in benefit and should hold coins for long term so that in a high market you may get huge profit or maximum profit. |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Yes lm basing on what Ive seen on my cousin because l monitor how he get a profit on crypto that's why l want to experience also the good life he has now. He is a student but build his own house and cars. So l want to have it also as part of bitcoin to be rich. Crypto business is not an emotional movie as we know that it is a source of making money using your knowledge to make good decisions. Do not get panic and keep your emotions on the brink and just consider trading as your gravest responsibility so that you may not go in the wrong direction and always you will upgrade your experience by doing trade continuously. |
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Mining is good but it depend on the area because mining bitcoin must be in a cold area to minimize the electricity consumption. One thing more all the materials needed for mining are very expensive. And if you think cloud mining much better to follow the others advice to stay away because really most of cloud mining are scams, unless you want to try it with all your risks. Sometime people need to try before they believe what others said.
thats right. There are lots of factors that needs to be considerd before we start mining because mining is not an easy job. Mining is only for professionals that has a passion for it , mining is not for casual people that is only looking for some quick bucks. bitcoin mining is a big no for people who dont have a capital and a dedication to do it. much better if you can just do trading or investing because these two activities are indeed more profitable and enjoyable than an actual mining. Mining is worthy if you do really have the interest on it and when it comes to financial you are capable on investing such thing since we do know that cost of miners arent cheap which means even an average joe would really have a hard time on making a purchase even a single miner and without even thinking up the factors should be considered turns out to be possibly not being profitable which is a disaster. Yeah you are right. In all sectors of cryptocurrency mining is on the top for earning money. You can cover your expenses on mining in just a few months, but it is true that it is not easy task. The main problem is that of electricity because it consumed lot of electricity and you need cool place for mining. Now many people shifted their mining program to china because of the cheap labor and electricity. |
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This situation now I wouldn't call strong correction, it's been much worse. Currently this is still moderate corrections and at the moment I don't see the signs that it could go even deeper.
So watch the market closely and keep up with changes but don't start to panic and don't get under influence of different false information and FUD.
So far I haven't read any prediction with solid ground and explanation that makes any sense so I consider this all to be pure speculation.
And I often wonder if it is a chicken to an egg situation... any thoughts? Bitcoin has already corrected and the price is now in normal situation. People thank that bitcoin is not increasing but I think that they are addicted of big pump in the price like the previous one and now they want growth every time. I feel nothing when the price collapsed from $20k to $6k because I knew that this growth was a bubble and when this bubble blown in the air the price will fall to its original position. |
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no i dont really approve that strategy because i think that is not right to sell alts just because you want to buy btc. Alts are more valueable and more profitable therfore i wouldnt try to sell them just to get a btc though id rather sell my btc in order to buy alts.
I will only sell my alts if i already achieved my targeted price but as of now i dont think i can achieved it because the market is still down.
Market is full of strategies and my advice to you is whatever you want to do and you desire for should be inside the circle of market rules and principles. If you are doing with disobedience then you will face with problems. A person can follow a strategy for example if sell Altcoin or Ethereum in order to upgrade in the crypto market then it is a good decision if selling and buying processes take place by applying market rules. Last time investment in 2017 was a type of getting 1st lottery prize for my friend and he successfully made huge profit. Whatever you are doing and thinking to invest here is a good decision and strategy but all the processes should take place in the light of market rules and principle so that you may not face with loss either in Altcoin or Ethereum, you will get huge profit of your decision. |
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