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A lot of people are expecting that the market of bitcoin will go up soon before this year end and that is a great confidence for them to believed that the market will now probably go up after this deep dump in the market. It is all about believing that bitcoin can do it again like what it did a few years ago that from a deep price loss, it goes up to a new all time high.
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I still believe that it is not yet over for bitcoin. It will rise again just like before. Trading is more on investment and not a game that really need an ending.
Of course, it is not yet over for bitcoin and other cryptocurrency because if it is over for bitcoin then we will see a lot of people complaining to the price of bitcoin and the profits that they loss from bitcoin but there is no one that is doing that because they know that bitcoin will go up again and it just takes time before they can see it. |
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There are always a holes for every platform over the internet, you cannot guaranteed 100%. But you can prevent it, specially nowadays that cryptocurrency becomes popular to every community, so there are many hackers started to do some bad things.
In terms of cryptocurrency and if you want to be safe then you can just put your cryptocurrencies in an offline wallet like a paper wallet or a hardware wallet where you can store them in there and don't worry about the risk of getting hacked anymore since they are 100% hack proof from the hackers because it is an offline wallet. |
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I don't think you can ever expect to make sure that your money is safe when investing in an instrument like Bitcoin! Bitcoin is a cryptocurrency and is highly volatile as a result the money that you put will increase or decrease quite rapidly. As a result, if you are into short term investing then it is extremely risky! But for a long term investment strategy putting your money in Bitcoin is excellent in my opinion. However, to come back to your question the best bet to be safe if you are investing is when putting money in government bonds, they are super safe but the return is very low. Hope this helps!
You can make sure that your investment is safe in terms of cryptocurrency if you will follow the recommendation for investing in cryptocurrency like having a strong password which consists of capital and small letters, special characters and also numbers and also having a back up of your wallet file and recovery phrase. |
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I think it can manage to survive but making an impact to people is going to be hard. Bitcoin is the image that make it more recognize so without it, it is just like a good bag without a brand. Blockchain is good but I think it needs bitcoin to make adoption much faster.
I don't think that the blockchain needs bitcoin to have a faster adaption because without bitcoin, it can still survive because the blockchain network does have the qualities of a technology that a country or government can look for because it doesn't need to have a cryptocurrency because even without cryptocurrency like bitcoin, blockchain can still be useful and limitless. |
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We should not be easily influenced by FUD. Pause the news you read is true
It will happen to some people who just found out Bitcoin but if you have studied Bitcoin deeper it seems it will not happen. FUDs are so dangerous because even though you are in bitcoin for a long time and you know the basic things to remember, it is still not that easy for us to don't believe in FUDs because FUDs are always there to manipulate the market but if you know how things will work with FUDs then you know what to do. |
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Until now no one has ever come out to show himself as the man called Satoshi Nakamoto. But all what we know is that h brought bitcoin and introduced blockchain.
There is a lot of claims that they are satoshi nakamoto but, still, there is no real satoshi nakamoto and for me, the reason why the real satoshi nakamoto is not showing up because he is afraid of putting his life at risk because he got a lot of bitcoins and if you are a greedy person then you will get into satoshi nakamoto to just get bitcoin or money. |
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This is the period of Bitcoin being under but this will not run for a long time because Bitcoin is the unpredictable.
Bitcoin is unpredictable but we have already seen a lot of movement of bitcoin and that seems like a pattern for us so i think that it is wise to get a lot of bitcoins when the price of bitcoin is falling because that is the only way for us to get a good chance to make a lot of profit since the pattern of bitcoin is always there, the more it goes down the more it goes up. |
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Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
I agree with you, we can use BTC as a medium of transactions in every outlet that accept BTC as a means of payment in their store for the existence of BTC increasingly known and can lift the name BTC and the existence of the more famous BTC Why don't we just use both of them and have a win-win opportunities. Well we're already getting the benefit from bitcoin by using it as a capital source. Using it as a medium would be just another factor that we can get from bitcoin. We don't have to choose one if we have the chance to do them both. That is right, why we need to choose if we can do both. Just do both and grab both sides if you are really into those two and you don't need to push yourself to choose what is the best of the best if both of them are already the best. Just have a balance and self-discipline so you will know your limits in both sides. |
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it is also depends on the user if it is careless or slovenly about their information and security well that user need to orient about safety of bitcoin wallet, and other stuff also by the way thanks for sharing your tips.
Bitcoin is safe, it has advance technology, the security feature are in place, it is only the wallet which is very likely to be hacked, if the password is misplaced by the owner then it is a big lost for such individual.. It is the Responsibility of Bitcoin investors to have well secured place where they keep safe all information about the Wallet, or even about Bitcoin investment. Bitcoin is indeed safe and it is like the most of the cryptocurrencies in the market, it is all about having a secured process of keeping or saving our back up like passwords and password phrases or back up phrase to recover our wallet. One thing to remember is do not keep your cryptocurrencies in exchanges if you don't want to get screwed. |
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As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
I am using it specially when i am in need and i have no available cash. But most lf the time i want to keep it for my future needs and for my kids. That is right, keep doing it. If you have another source of income beside from bitcoin then you can use it to finance the things that you need to pay like electricity cost and other things because bitcoin is the best for long term and you should keep it because in the future, it might be worth a lot of money and that is when you will just cash it out to enjoy the life and to give you kids the best taste of life. |
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Of course we will see all of the coins that we have in a bullish market because it is part of the cryptocurrency market to have a up and down cycle in the market and we are now in a downtrend which it is alright since we can easily just get more good coins that we think that it is worth it to invest and just hold them until uptrend.
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Being hacked happens nowadays the security dependa on us.. There are some secure wallets we can use to protect iur funds we should also need to be careful on clicking links for some will lead uou to phiahing sites, we need to store aour private keys on secret place and never tell anyone about it.. And also do not put all you funds on onw basket only.. These are just some tips to prevent from hacking..
It is not about the security that it is in our hands, it is about the hackers who are always greedy for money and if they see an exchange or site that is going to have an exploit then they will penetrate that to get some bitcoins or other cryptocurrency that they might use to get a lot of money. |
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Volatility, assurance and risk. Those are the factors that i think that scare or make the other people doubt about investing in bitcoin because they think that volatility will not make them money and it will just take money from them and there is no assurance that they will make a lot of money. All of those things will undergo for risk.
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It is bad news for bounty hunters who make money by sharing/posting on facebook, actually now they are also banning posting links with referrals not only on facebook but also on messenger. We need to shorten it or put some smileys to be able to post it.
There's definitely a reason why ico ads are being banned. Facebook are being used by millions of people and fb developers keep its user away from scam icos. That is the reason why they banned the ico advertisements because they want to keep their user safe from the scam but now they unban and lift the banning for the icos and now they are free to advertise again. They should have not done it in the first place because it is not their fault and it is just the user that invest without research. |
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Yes sometimes bitcoin get fall but it's normal, bitcoin price is changing randomly anytime it's down or up, all you need to do is waiting to the comeback of the price and don't lost hope be patient and your waiting is become worth.
We cannot blame them from worrying because it was their hard earned money that's at risk and we really don't know when it's coming back. But yes you're right let's be hopeful and just wait. The fall of bitcoin is temporary, maybe it will make a new history and it will rise up high. I believe that the market will not going to down forever. There is always a chance on rising but we don't exactly know on when will be the exact time to rise because it's price is really unstable and there are so many reason why it change. You are right that the fall of bitcoin is temporary and bitcoin already fell for a lot of times but it still go up more than the times when it falls so that is what we should expect for the next months or years for bitcoin, if the price of bitcoin now is going down then we should be ready for the next year because it might be a huge price rally. |
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I usually leave my bitcoin in my wallet until there is a need for me to make withdrawal or there is an urgent need for money. At this point, I simply transfer some to the exchange where I am able to eventually sell and convert to my local currency.
That is a good practice for you to leave your bitcoin in your wallet and just transfer your bitcoin into an exchange in order to convert it to your local currency because if you will put it on an online wallet like what does the exchanger have then you are in a high risk of losing it because the professional hackers like black hats are always there. |
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For me it could be one of ways that banks will go ahead of customers and make crypto in some way more usefull in their economy, if in future crypto will be developing like now banks will need to make some moves like that you had admitted.
We are now in the era of the technology and bitcoin and the banks seems that they will become one in the future because the banks are now adapting the blockchain technology because they saw this promising benefits and advantages of using the blockchain of the cryptocurrency that might be the key to surpass their competitors. |
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Nowadays, it is difficult to appreciate bitcoin, even if there is good news. Conversely, bad news results in an even sharper decline in the market.
do not be too pessimistic, we know that transactions in the market that affect the price of Bitcoin, so the people who contribute in the Dump are those who panic, not the one reading the bad news about Bitcoin, the bad news is just a panic booster... People who are reading the bad news or the fuds about bitcoin are the one who are also dumping bitcoin on the market or so called panic seller. It is normal to have bitcoin that is up and down because that is the opportunity that we can grab in order to buy low and sell high and the most special is, to make profit out of that. |
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I think depends on the country, there are different regulation of every country where bitcoin are accepted and that is not means that the bitcoin will be down because of that, this regulation is for everyone who use it not because to become bitcoin die but because to make it safe.
The regulations for bitcoin are good to itself because it helps other people to stay safe in bitcoin because there are limitations for the activities that you might be doing in bitcoin and i think that there is no chance for a global regulation to make bitcoin die because it will just help the atmosphere of bitcoin to stay organized and of course, safe. |
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