We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
Actually if someone can really tell you what will happen in the future then what is the point of telling it to you? he/she may keep it to him/herself because why do he/she share it to others. I am not trying to break your questions but it is obviously that no one is really know what will happen next in the future. All this professional traders are basing their judgment for future prices with the previous history of the market. And to those who control the price is maybe the big time investors, because a big buy in price will shake it up and a big sell too. But again there is no one can really tell which is which will happen or what. It is better to trust your own instinct so at the end of the day you will only blame yourself and learn the lessons from your mistakes made. Invest only what you can afford to lose.
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Sweden’s are reportedly not making active use of cash this year has also been recorded as the lowest level of banknote usage over the past 30 years. In a press release from the world’s oldest central bank of sweden ,Sveriges riksbank, they stated that.. "Today, cash is used to an ever-decreasing extent in Sweden, which has led us within the world of central banking to start considering whether a digital complement to cash that is guaranteed by the state is needed so that we will be able to promote a safe and efficient payment system in the future too" Read More=> https://zycrypto.com/sweden-considering-digital-currency-bitcoin-comes-mind/I really don't know why is it that they are wanting to use e-cash now more than their own Fiat currency as Swedish Krona has a good amount of value though, it seems that most of the establishment there are already accepting digital payments and at the same time with digital currencies and with that the circulations of their own Swedish Krona is in jeopardy. Let's wait what will happen to their Swedish Krona in converting to digital currency as they want to make an 'e-krona' but tend to support bitcoin for future of their digital payments, then this will be an another good news for the bitcoin community as one nation is thinking in adopting cryptocurrencies instead of banning it.
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You should never sell your bitcoin if you really can because not all people who are invested in bitcoin has the capability in doing such thing. For example you have a need of cash in the real world that only accepts your local Fiat money as payment and suddenly you have a bitcoin to finance that then you have no choice to exchange your bitcoin.
Good for those that have big pockets that they can hold as long as they want in their bitcoin holdings and at the same time spending their paper moneys without the need to withdraw some of their bitcoins. This post was on 2015 and it is all happening right now, let's wait for that $10,000 mark to happen then go back here.
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Bitcoin approved and discovered in the world on 2009 and the first price is $0. And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017] 2009 [Discovered] - 1btc = $0 2010 - 1btc = $0.1 - $0.08 2011 - 1btc = $0.75 2012 - 1btc = $9.04 2013 - 1btc = $301.20 2014 - 1btc = $753.01 2015 - 1btc = $451.81 2016 - 1btc = $828.31 2017 - 1btc = $3664.25 From this list we know bitcoin is not stable , frequently make increase and reduction on price. Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ? Yes of course, anything is a possibility so the price reduction may occur in the future but if you take a closer look at the prices it still goes up no matter what, it is just that there is a reason why the price of bitcoin goes down in the year of 2014 to 2015 I think you know what happened. Besides of the issues that bitcoin has faced off in the past it still bounce back and keep moving forward because many people still trust its future and only 3rd parties are the reasons to its fall down and not the bitcoin itself. No such thing is a short cut to the moon, we must embrace the step by step process in able to achieve what we want.
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
For those people saying that bitcoin is gambling is the one's that losses a bunch of money in investing with it as you will say a negative thing about a good thing if you don't get what you want, that is the typical nature of people though. If we only take a close look on what is happening with bitcoin since it was created the value of a single piece of bitcoin is less than $1 and even 1 cent so it continues to grow until now. Let them call it gambling but for me I may call it a risk as when you are investing your hard earned money to whatever thing it is then you already putting a risk on it to whichever its result, different people has different understandings though.
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millennial's are the biggest investors and supporters obviously, but bitcoin has to reach a level of financial prosperity to somewhat the fullest eventually...will it make our kids rich? Grandkids? Great Grand Kids? Aliens or Martians to that far extent?
When will? it's already started I think as it is on the process and a step by step process as there is no short cut to 1 time big time price of a million, bitcoin is not a magical thing that will get bigger in an instant whenever you wanted. Let's just wait to see what will happen to it. The future of our next generation will surely benefited to it if us will begin to believe to its potential and start to invest it then give it to our children for their future, I see bitcoin as a future of digital currency though.
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Bitcoin growth again, for two days it's turn back his position 3960$ and continue to grow! Should I go to bank and buy bitcoins?
Actually you can answer your own question about bitcoin, it never breaks the heart of the investors since then you just will just wait for your investments to grow if you are willing to, as those new people that is new in investing with bitcoin is so weak minded that when the price of it goes down they will panic sell their holdings and when the time comes that bitcoin will bouncing back again that's the time they will regret their decisions. If I were you, you must do it now or regret later just like other people's mistakes. Learn from them as history repeat itself. I am not a professional trader though but to what I witnessed with bitcoin's growth I can safely say that it will continue to grow, let the haters do and say what they want to bitcoin.
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What do you mean by starting a business? with bitcoin? because this is a bitcoin's economic section so if you are telling it in the real world's business then you are posting in a wrong section because doing and making a business through online is slightly different comparing in real life. Just like you don't need a good location in your business in making such websites instead you need a good developers and programmers in doing so.
But above anything else what you have been said was all applicable in both businesses online and offline. Just be more specific on what you are pertaining to.
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Hi Guys,
Im pretty keen to understand more about ICOs and intend to invest in some. ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?
Thanks in advance.
Actually in my own understand with ICO's is that some companies that is really want to take in action to the world of cryptocurrencies uses it because if the actual ICO of them succeed in their crowdsale then their tokens/coins will have a value and a market capitalization instantly unlike starting from the bottom that will make you spend in different kinds of marketing to market your newly created tokens/coins. Most of the companies or even only a group of people uses this ICO to take their ideas to be funded by investors(which is the people like you) in hoping that their platforms will succeed in the future but most of them in fact really abuses it so it is much better to be skeptical when investing in ICO's because you can't blame anyone in the end except yourself, know first the background of that ICO and its creators before doing so.
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I understand where are you coming from but both POW and POS has its own advantage and disadvantage when it comes to bitcoin. We all know that a large portion of well invested miners in the world are already mining bitcoins so technically they spent a fortune in making it and when the time comes that the bitcoin developers want to change it to POS I think there will be a big debate and many stoppage protest will happen to this group of miners.
And when it comes to POS I think the most people that will benefit here is the very rich investors as they can play the price of bitcoin at their own command whenever they want as they have the money to buy each stake instantly with no work needed, correct me if I am wrong but this is only my own understandings to what is happening right now between POW and POS.
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Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
If Chinese government is thinking a way in disconnecting or taking aways cryptocurrencies to its citizens then I think they must start in disabling miners and mining industry of cryptocurrencies there but the didn't cause it is a profitable business to their businessman and they are okay with it. It is just that they want to regulate cryptocurrencies and not to ban it, government duties at its finest, if you know what I mean. Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
Of course the price of Bitcoin will drastically go down if this will really happen in the future because China has a large percentage of miners and with this when you think it logically, many of its citizens are having different kind of cryptocurrencies. Bitcoin is an international currency that doesn't rely or to serve a single country so it will rise again if ever this happens.
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what would happen if most of the bitcoin were owned by a single organization? for states that print their own fiat money, financing to buy "all" bitcoin would be possible.
the state would presumably risk hyperinflation due to the enormous increase of money and bring the bitcoin rate to astronomical values.
but then, when the state is in possession of "all" bitcoin, it can make the circulation of bitcoin quasi succumb. bitcoin dead, population impoverished, mission accomplished.
If they wish to do that then they must already did that before because why in the world will they do that now when the price of one bitcoin is more valuable compare to the recent years. and if they really want to do it and their only reasons is to kill Bitcoin then it is up to them now but if their only intention is to make a profit out of it then let them be as money makes you money in the world of investments. We can make different kind of consipirancy anytime we want and that is great because some people will get an idea out of it and this organization that is in power will think first before doing so, but at the end of the day we can't do anything when it comes.
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Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin
Is this the impact of rising bitcoin prices?
It is not applicable for everybody I guess because some people don't have a good amount of money that will make them a living with their investments with bitcoin or any other cryptocurrencies, how can people focus on bitcoin with their time if they don't make a profit out of it maybe it is just for some other people that already have money. It is still good to maintain your current job in real life and do this bitcoin thing at same time if you can because burning your boat will not make you lucky to the other one, bitcoin price will not be always in a rising stage so it much better you have always a back up plan.
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Reserve Filipino Translations.
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Yes it is, since the existence of smart phones and the internet really change the world not only the banking system as combining this will be more productive. Who can imagine 10 years ago that you can use internet whenever and wherever you want in the world as long as you have an access to your smart phone with an internet in it.
And with some hacking events of financial monetary in ATM machines that is connected to any kind of banks with different kind of modus of criminals in the world of technology everyday by adapting any kind of malicious data or malware, and with that the security measures are heightened that resulted to much more reliable applications in mobile phones that you can store and use your financial assets.
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"Crackdown Likely on 'Worthless' Cryptocurrency" he said. Value of Bitcoin as of now while I am typing this = $3780.09 is that what he means by worthless? to the people who believes this guy is just an imbecile or maybe his family members, just like a mirror that is newly wiped it is so clearly that this Jamie Dimon has an hidden agenda to bring down Bitcoin and other cryptocurrencies because his line of work is threatened by it and with that I am sure.
Then he said "Right now these crypto things are kind of a novelty. People think they're kind of neat. But the bigger they get, the more governments are going to close them down" How about the Banks? did he manage to think about that, hell no. He is attacking Bitcoin yet he never thinks that the banks itself already did what he is intending to imply with cryptocurrencies. Let's just wait till the time comes that this guy will be the new CEO of one of cryptocurrency because JP morgan fired him.
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So yesteday I was watching htis video: https://www.youtube.com/watch?v=Euf36Ueio20 (it's german so you won't understand much if you can't speak german) Dr. Julian Hosp is a german crypto entheusiast and basicly he is telling his opinion regarding the latest China FUD. He says that in his opinion since the blockchain tech can decentralize everything (currency, identity, ...) gouvernments like China fear that they will be less and less needed in the future. For that reason they try to stop the decentralization in a early stage to maintain their power and existance. So what do you think about that statement? I think that is the normal reaction for a Communist state as losing control in how people transact their money with no tax from it and any other kind of identities that is happening inside that transactions will be a future threat to them. So instead of giving their citizens who is using cryptocurremcies an unregulated exchanges they make a move now before anything will get worst. Bitcoin is still decentralize and that will never change it is just that their exchanges of cryptocurrencies was changed. Are you ever think why is it that the mining industry of cryptocurrencies in their country is not yet regulated, I think that there is a man or group of whale miners behind this that resulted of banning ICO's and exchanges.
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When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?
It is true that Bitcoin is going down this fast few days but it doesn't mean that it will continue dropping, It already reached the $5,000 mark and immediately the fall down started after Jamie Dimon announce some FUD's about it and China banning exchanges to their country, so many people I think panics and sell their holdings and Bitcoin almost valued again below $3,000. I think its stabilizes now between $3,600 to $3,800 and what is happening right now is some small corrections in price, let's just wait for Segwit2x Hard Fork to happen because I am sure that there is an another big volatility will happen again in the market of cryptocurrencies.
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