We can't have new ATH without resolving internal bitcoin scaling problems and war between SegWit vs. Bitcoin Unlimited.
It doesn't matter much that traditional fiat markets are struggling when at the same time Bitcoin hostile takeover is still possible.
We need some serious crisis - much like that in 2008 was, to boost price of BTC to plus $2000 levels.
I could agree with this. Current problems could cause the serious damage to Bitcoin if they will not be solved soon. And there is a solution we just need a good will. What I'm not so sure is that we need another big crisis, although I would say we are on the very edge of it, and I'm not sure that this would push price to 2000$ or even more. |
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I don't know any retailer that accepts altcoins. I think you have fuly right when you are asking what the altcoins could be used for except for trading. That is their main hendicep comparing to Bitcoin, they are hard to use in real life for real things like Bitcoin and that is the reason why no altcoin is serious competence and threath to Bitcoin. Except that Monero could be used for payments in Darknet.
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Right now it doesn't seem that it goes to the moon but this is just temporary situation that will change soon. And I don't think that it will take take the whole month for price to recover and achieve 1000$+ again. Of course, everything depends on the market and it will react to current circumstances but I hope we'll have 1200 again much sooner.
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I would like to store biger amount of Bitcoins, not for fun, but for some kind of savings for the future, maybe even for investment in some business. Think that storing Bitcoins is good decision because on long term the value will increase and that can help in some plans or even to cover necessary expenses.
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I don't see any major issue with Bitcoin price, at least not at the moment. Bitcoin is volatile, so ups and downs in the price value are quite normal. But at the moment the price is around 900$ which is not so dramatic and in the upcoming period probably will be back around 1000$ or more.
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I was searching this topic for a while now, now that bitcoin could suffer a death thanks to Bitcoin unlimited and segwit, can satoshi finally come out of hiding and stop all this madness. In a scenario he does returns, will the miners, and every one else listen to him. Or will they continue to defer it. I really wish he turns up now, Bitcoin community needs him more than ever. If he doesn't turn up, it will be very difficult to save it. Since satoshi's was once here I wish he comes back.
A what could Satoshi do about it? Would reay revealing his identity changed something? I don't think so. He is not some miraculous saviour and Bitcoin and its users have fight for themselves and try to find the best solution. But still I don't find this situation so bad and black and I beleive Bitcoin will come through this stronger then ever before. |
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It's hard to predict how exactly the situation will look like and how the Bitcoin will develope, there are so many speculations at the moment. No matter of final result I strongly beleive that vi will overcome the problems and challenges because by now it has become strong and stable enough, which was also proved with ETF, and the price will be on the way up again.
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End of Bitcoin? I don't think so, this is much exaggerated. The price has dropped a bit, yes, and so what? It's not the first or the last time but that doesn't mean this is the end of Bitcoin. The value is still above 900$ and in the past the price was much lower but still has recovered. So, don't panic and make such dramatic annoucements, there is no reason for that.
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I haven't found any website or physical store that is selling clothes and accepting Bitcoins. And that is realy bad because I beleive there is big interest for buying clothes with Bitcoins and lot of people would like to have that opportunity. So I think opening clothes store that accepts Bitcoins would be realy successful business. Pitty that I don't have capital for that.
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I guess all my amigos are scared to either buy or sell. They maybe are too cautious with that fork. Once that fork becomes a myth, the investors will show up again!
The price is going down now. I think people are buy the altcoins to hedge the risk of the hard fork of bitcoin. Bitcoin price is really going down. Alt coins going up. But not selling now. I still believe that the price can recover soon. Maybe a lot has been in panic mode and dumping their bitcoin now and getting into alt coins. I can only speculate here. This has been the trend in the last week of bitcoin market price. I hope it can bounce back tomorrow. I would agree with this. The price has fallen down but nothing dramatic and I beleive this will not continue. Temporary dump and correction and the price will recover soon. I.don't think there is a need to sell or panic among users despite the fork announcements and bad predictions. |
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It's impressive how the list of goods, expecialy these luxury ones is becoming biger and wider with time. Few years ago we couldn't even dream to buy some of these things so this is great achievement for Bitcoin. Everyone who has through that Bitcoin has only limited options to be spent now are proven different.
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How can this two things be comparable? One is currency and the other is company. The only thing I can think of that the value of UBER shares could be compared with Bitcoin price and then see what is more worth. But in real situation on the market I suppose that company would always have better position then currency.
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If you want to earn that amount then you have to be ready with multiple ways of earning them like signature campaign, trading, offering services and lending and if you can manage to do it simultaneously then you will be able to reach that amount in that time period.
It is the only way to earn that amount monthly and with the price decrease of bitcoin now that is going to be harder if he is going to trade. But for offering services which is very popular and normal to the people that needs freelancers, it is a very effective way to earn a lot especially if you found a very good employer. In fact, it's not easy to earn that amount monthly, we must be active fully in this forum (for signature campaign) and also must be often to monitor the market prices (for trading). Maybe to get 1 BTC / month without any investment is impossible. I agree, just posting on signature campaigns or even trading, unless with large amounts is far not enough for earning 1 or 2 Bitcoins in a month. You would also need some aditional job where you can offer your skills for Bitcoins, maybe some freelancing or similar. Bitcoin or two are a lot these days, you have to put a lot of efforts to earn them. |
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Nothing can't be achieved over knight and I agree that many people just don't have enough patience and want to gain everything instantly, including large amount of Bitcoins. Things take time and planning, including the reserve plan. Saving Bitcoins is good idea and can help to young people who often don't have any other resources.
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Nothing is wrong with the price, no room for panic. Although people seems to do exacly this, panic all the time on the slightest alarm. These minor price fluctuations are completely normal and part of Bitcoin volatility but in times like this with ETF and fork circumstances sometimes it seems they influence it. The price is still above 1000$, so for now everything is normal.
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To be honest I don't beleive much to these guidlines, they are often not very helpful or not adjusted to your own situation and possibilities. And very often they,are to good to be true, so they are offering false advices that don't actualy work. So try to find your own best option through experience that will work the best for you.
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Dumps are some kind of Bitcoin price correction but I don't think we can create them intentionaly. They are depending on the rules and situation on the Bitcoin market. Of course they help small users to get some more coins so for that they are convenient but I wouldn't say they are created for that purpose.
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I don't know any people who actualy hate Bitcoins but I do know some that don't like it. But usualy that is because of ignorance, because they don't know key informations about Bitcoin. So, first I try to explain what is Bitcoin all about, how it's functioning and what are the advantages. Sometimes they change their mind, sometimes they don't but at the end everyone has the right to its own opinion.
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Never keep all eggs in just one basket, that is the golden rule. So diversifying is the good choice with or without fork. I don't know what is actualy going to happen, I don't think anyone does but I hope for the best. Still, it's good to decide before what and how are you going to do with your coins.
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If it has to be daily investment then I would consider day trading, although is a very small sum for that, or maybe lending smaller amounts, this could be decent profit on short term basis. Or if I could put a side that amount of money each day I would try to collect some biger amount and then invest in some business, not necessary online.
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