I think you had a point,if a lot of people keep on holding their is a possibility that crypto will die that,s why we need to do something to make a crypto market balance. But i also think that people holding their coins because of possible losses due to the market situation. Maybe there is another way we can do to help market rise with or with out holding our coins.
Fair point. But the only reason HODLers are holding their coins is as an attempt to be safer and cut down on losses and to change the mentality would be really difficult and no one would want to take the hit, apart from traders but these people live on risk Hodlers are there because they believed for the long term future of cryptocurrencies and because of the cryptocurrencies that they are holding, they believed that it will give benefits and changes to themselves so they keep on holding and they don't think about selling it because it is just against to their idea and belief. |
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All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.
Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.
Let's continue then our path towards inevitable triumph.
Exactly at the present moment you may find that in the cryo-bitcoin market there are no competitors. You can see that the current bitcoin price is the highest and the bitcoin market capitalization also accounts for most of the market, every bitcoin transaction. You can see that only a small bitcoin price fluctuation can make the market move. There is always a competition and that is why they are creating almost the same projects for at least most of the coins now. The competition is tough and a lot of the team and developers are trying their best so they will go to the top and reach at least top 20 and for sure they are all targeting to beat bitcoin but it will take a lot of time and effort before they can do that. |
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I prefer choosing trading site compare to the marketplace or online shop because it is better to have a source of income and to make more money using our money or bitcoin because if we will just use it in the online shop or marketplace then it will just make our overall money to zero and that is the worst case scenario that could happen to use so it is better for us to use it on making more money.
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I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
The codes are automatically generated, therefore no one knew the unique codes created by the computer. But if we talk about the investment itself, investment has always the word risk on it, but as for the bitcoin there is no risk, because soon its value will rise again. There is risk in bitcoin and there is no assurance that the value will rise again because the market is being driven by the law of demand and supply and if the demand will not go up and exceed the supply then the price will just continue to go down even further and that is why it is best to know the basics of trading so even though you are an investor then you will have insight about the things that can happen in the future based on technicalities. |
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Bitcoin is a cryptocurrency which is used by most of the trader and holder to put their money so they can have the chance to generate more money while the blockchain is the heart or the most important thing for a cryptocurrency like bitcoin because if there is no blockchain then that cryptocurrency will be dead because it is alive and running because of the blockchain.
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If the Nigerian people will have a great work in bitcoin then the future of bitcoin in Nigeria will be bright because they can use bitcoin as an alternative for payment like in a shop or store in their country. Bitcoin has a lot of opportunities to offer to the people who want to grab opportunity. Bitcoin is a huge help in a country if they will just treat and use it seriously.
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I use bitcoin in just trading altcoins but other than that like using it as a daily driver for payments like in a coffee shop or buying things in a mall then don't. Bitcoin is just a tool for me and not like a fiat money since a lot of people who owns stores didn't know about bitcoin and they are afraid to try it because they know that the market is so volatile.
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Before investing your money in any product first, you need to learn how to protect that investment. Similarly, there are many options for you to keep your coins safely so you need to search this forum and learn.
You can store your coins in paper wallets or hardware wallets or in desktop wallets and protect your PC.
Security is one of the best things to remember and to master but we should look for the sense of investing into any product or coin in the market because we all know that all of the coins that we saw in the market are good in talking and to their promises but we should always remember that it is all about long term. So you should do some research to know if they are good at long term work on their project or not. |
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
Indeed. Even without bitcoin, blockchain still can run. There are so many coins in the market with a high potential. It just happened bitcoin is too popular and some coins are not. I agree that there are coins that have a high potential like bitcoin but they are not noticed or discovered yet because bitcoin is the center of the attention and a lot of people are just going to buy bitcoin when they heard about cryptocurrencies but they should look to other coins also as they are also good for investment just like bitcoin. |
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I hope this type of news will become a big contribution for the fuel of the rocket of bitcoin so we will reach the full tank of our rocket and we can now at least go up again and move to the moon and celebrate there because we all know that we are now suffering from the downtrends that we faced for the last few months and we only want one thing, and that is going to the moon.
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Bitcoin last year was great because from a very low price to a very high price which is 20,000 USD and now bitcoin from 20,000 USD to below 10,000 USD which is a huge loss for the people who bought bitcoin when it was at least above 15,000 USD because they are now drowning to a huge loss and i hope that they don't go all in or else they are now screwed up.
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The banks and other financial institutions are now recognizing bitcoins. They are now aware on the power of the blockchain technology, I think they will also use the blockchain technology to improve and develop their systems.
One of the banks in my country are now merging with the cryptocurrency blockchain technology and that is one of the good sign that the other banks might do the same and i am excited for the future because i am really seeing the advantages of the cryptocurrency in terms of using it as a system and it makes the old system of a bank better and more secured. |
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Bitcoin will still take control of the market because bitcoin is the superior of the cryptocurrency and it is the trend setter for cryptocurrencies in the market. People will base on bitcoin if it is okay to hold an altcoin or not because if the bitcoin is going down then altcoin will do too so i can say that bitcoin is the one who is controlling the market.
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Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
Those in trouble are the people who's invested ATH and thats wyhy we are hearing many arguments and expectation regarding the growth,but the normal member is happy having this dip because they can purchase more coins while waiting for the pump or bull market That is true, instead of being sad and angry for the dip of this market. We should be happy and we should smile because that is the meaning that we are happy to embrace this kind of situation and we know what to do and that is to buy the dips and keep our bitcoin for long term or just wait for the bull run to sell some of our bitcoin. |
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No, I didn't buy any btc in the end of 2017. And I think it was a better decision than to buy on growing market. I have a friend who decided he was late and bought a bitcoin when it was 17 thousanfd. I think now is the best time to buy Bitcoin, so if you have an opportunity, I would highly recommend you to make some investments into ethereum or bitcoin. But it's only my recommendations, unfortunately I am not an expert.
Luckily, I also did not take risk from December because it has huge lose and long time to gain profit. I am happy that I earned bitcoin from other way which did not need any amount to have coins in my account. That time, ethereum was better to buy and invest because price really goes down before it rise like what price it has right now. You are lucky that you didn't buy and that is should how the other people think about bitcoin. They should not think about profit all the time and they should focus on not being greedy and analyzing the situation to know if it is still a great opportunity for them to buy bitcoin to create profit or they should wait for the price to calm down. |
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its not a risk, all that matters is invest what you can
I cant say if bitcoin is for risk taker because it depends on the user or investor. It depends on your decision is you will hold it or sell it . Some people said that bitcoin is a high risk because you can encounter scammers and hackers here Well, If you really have your own cryptocurrency, or if you tried to convert your money (not all) in to cryptocurrency like Bitcoin, You have already taken the risk in this kind of world here in the internet. Well, as holding it, risk is in you. Risk that is not that high but this risk will ables you to win or not. As far as know, taking risk is better than quiting. Taking risk is always worth it rather than playing safe here in crypto world. Risk is always everywhere and it just depends on you if you are going to take those risk and be brave to face the possible risks or problems that you might be facing in the future. Taking risk is the best thing that you can do in your life because that is the way for you to learn and to discover anything that you can think about in the world. |
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It is more important to know more about bitcoin and how it is being used by every user and investors. Need to know about the uncontrollable and unpredictable market of crypto.
I think before a lot of people should invest in bitcoin, they should know first that the value of bitcoin is rapidly changing and off course all the newbie who want's to invest should know that bitcoin is for long term investment. Bitcoin is not just for long term investment because it is also for short term investment like for the swing traders of bitcoin who are buying bitcoin and keeping their bitcoin in their wallet for a short term and that is the reason why people should make an assurance if they want to get into bitcoin or not because there are things that they might dislike. |
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I agree with you, now that new coin coins appear with a rapid development, and of course with a varied price that allows coin coins can evolve in accordance with the project and the price.
I dont really think that the other coins move faster over bitcoin and i still believe that the development of bitcoin is still more fatser than the rest of all altcoins and there is no doubt that before this year will end the prices of bitcoin will really increased very high. The truth is, you are wrong. The other coins move faster than bitcoin and they are keep on developing the other coins compare to bitcoin because bitcoin is already stable in terms of features and it doesn't need that much of modification to stay in shape but the other coins are keep on adding more features to their self because they keep on improving so they can beat bitcoin. |
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This is true. Bitcoin is the vehicle and we are the one who run it. If we will do well in cryptocurrencies then bitcoin and other cryptocurrencies will go well also because we are the one who are managing and making a future for these cryptocurrencies and if we want a bright future then we should do things that will help for the progress of attaining it.
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If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.
Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot...
Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?
How can someone create something so great and not stepping out to get the credit?
It is really intriguing who is/are Satoshi Nakamoto. But if I am him/her/them, I would protect my identity also. Taking the credit personally with the world knowing me has pros and cons. And as much as possible, I want to keep my personal life away from business. May be Satoshi doesn't like the public showbiz or whatnot. May be he just want to work. Satoshi Nakamoto got a lot of money and that is why he is not showing in the public and introducing himself that he is Satoshi Nakamoto because he is afraid of getting death threats and being hunted by the people who want his money and he just want to live a normal life without worrying and being stressed so much. |
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