first of all do not share important information about your account. secondly make sure that no one knows your account
Everyone talks about how great that bitcoin is a decentralized currency, but as with everything this has its own downside. When you invest in bitcoin, there isn't just the worry that the price will drop, but also the possibility that your bitcoin will be stolen.The first and the most important things to do, if you are storing large amounts of bitcoin is to make sure you don't keep them within the exchange you bought them in. Exchanges seem to be the most frequently frequently hacked.
|
|
|
Now $10 000 by the end of the year looks very realistic.
This time this will surely count forward making the price cross $8500 with the same level of growth. What's happening with bitcoin is really hard to predict. With the growth happening in large scale, even after corrections feel that $10000 is achievable and has got much support for the same. For me, the $8500 will be possible to move forward at the end of this year. But we have to remember that the bitcoin price is not stable. At anytime, the current price will goes up or goes down. In other words, no one can exactly predict it's exact price. We have to accept that fact that business is just like a game. You might be lose anytime or you might be win so don't expect too much.
|
|
|
You're lying to yourself and others if you cannot acknowledge that BTC is in a bubble. It is too slow, too expansive and to difficult to use for regular Joe. You must acknowledge as well that inflation rates of fiat currencies aren't the same as rates of BTC growth. So, it will crash but who knows when? A lot of enthusiasm is very clear signal that crypto markets will crash.
The ups and downs are common a per news. My observation is when BTC rises, alcoin get sold off until the new BTC "baseline has been established. Just a bad phase currently for altcoin. I feel cryptocurrencies have certain advantages but in practice I am not ready to use them myself. My hope is that one day alts can truly stay separate and bitcoin won't be as big of an issue.
|
|
|
It is possible to reach the 8000 usd before this year end, but if its not happen that's ok because for sure nextyear and to another year the price will always increase, holding bitcoin is the best choice ,i am sure that bitcoin belong in the future. inglg
Yes, there might be possible to reach that $8000 before this year end but I am not agree that bitcoin will always increased. Bitcoin unstoppable and nobody knows its future. You can't predict its price but u can enjoy it now because of its interested value which you can gain good profits in return. Now I strongly believe that bitcoin can provide good price to make people satisfied.
|
|
|
Ethereum has a very strong community of people, as you have said they have "failed" multiple times. Yet people are still holding on for dear life. It is not even the coin that I am investing in mainly, the ethereum developers are very smart and will get us out of the current mess. Which leads me to believe ethereum will be a very profitable long term hold as it has been.
For me, an ethereum is not only made just for fun but to sustain for many more years to go. Ethereum is now booming around the social networks and is very popular due to its unique characteristics. No reason why not supported this coin because I believe that this have the potential and is well competent compare to other cryptocurrencies. I guess there's nothing wrong of choosing which coins are we going to support.
|
|
|
do you believe will be less than a hundred? I think I can be, as it is today suddenly the price of has fallen. so it is more likely that the falls over a hundred when there is a revelation.
That is not possible. prices will rebound in the near future i think there is a rise and fall in every business of this world.because business is a name of profit or loss. will climb back and be worth even more then before. you just need to wait for sometime and watch what is going on.. These things take time and everyone want to see results right away. Just let this thing blow over and cool off and then we will have another look at and also yes if today price or value of rising it is possible that may be can also goes down some day. There might be a possibility that bitcoin goes down in a hundred someday and there might also possibility that it won't. These is only depends on how do people used it. What I mean is, it only depends on the hands of people. Though it said to be hard to predict but there are possible things to happened why bitcoin will goes up or goes down. I hope that this will never gonna happened since this is not a good sign once we get involved in a business.
|
|
|
No... Because I do not have any btc yet. Maybe if I'm already have btc than I will check it everyday ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Other coins are converted into bitcoin first and then converted into fiat so if price of bitcoin good then you will get profit automatically if you have some altcoins so do visit preev.com daily. I never had a bitcoin in my wallet but I still checked its price in order to know whether it is growing or crashing. Another reason why am checking its price is to make sure if it is still good to stay in this forum or not. Of course it is very important to know the daily price of BTC so that we can decide what to do if ever the price is rising or when the price is crashing.
|
|
|
for me, now bitcoin is a very good thing, as far as simple supply and demand goes. If more people join Bitcoin, the more people who want it, the more people will demand the coin. Just out of curiosity from where did you get your phone number? It's super difficult to detect how many people are actually involved in Bitcoin because it becomes super easy to hide you using it.
I think rising the community of bitcoin offers a good effect in butcoin itself. It could also be a way that bitcoin will become legal in its identity and this could be also a way that the community would already appreciate and accept it as anew currency. Well I guess bitcoin offers a more secured and safe means money to every user if it would be legally implemented. Yes I believe so that it only shows a good effects of bitcoin in the future. I believe that the more user the more in demand of bitcoin is. And yes it could be also abetter way to it's legality to the government towards to the society or individual acceptance. Although today bitcoin is not yet accepted by some country to other untrue reasons I still believe that someday it would be accepted. The rapid growth of BTC's population is expectedly happened due to social media. Well this is good sign for bitcoin users because BTC's population is a very big contribution why we gonna here in this furum. As community rising, the higher the possibility for having a good profit. It also mean that bitcoin doesn't harm people. It's a sign that people are now started to accept bitcoin in their country.
|
|
|
Try not to panic.
For me this is not a desaster. On the contrary, it is a good and welcome opportunity to accumulate more crypto assets for cheap prices.
It only dies when the price level will decline because of declining of economic prospects for most of the collector base. My understanding is this applies since the great recession and I see no reason to believe it won't continue for the indefinite future. I am probably considered one of the biggest pessimists here but I certainly don't see the coins are dying now.
|
|
|
Its funny..Everyone saying how Bitcoin is to replace the current money ruled by the government. But the only reason Bitcoin is traded to gain the money everyone was so against.
So you noticed that, too, huh? Those bitcoin ideals went out the window about $6000 ago. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think that a lot of the core believers/first adopters of bitcoin probably still cling to those ideals. But most people involved in bitcoin now are here to make (fiat) money. Who wants to invest thousands of $$ in a commodity that has no safe guards to prevent theft.
As long as you secure your own bitcoin, it's one of the safest investments you can have. I worry more about losing my bitcoin (sending it to the wrong address, forgetting my passwords, etc.) than about it being stolen. We can't say that bitcoin is always in bubbles because no one can control its price. Yes it is now in bubble but it doesn't mean that it will not stop climbing. As the day goes by, different prices changes and we don't know if people still continue to use it or leave it. I believe that the bitcoin price is only depends on the number of people who join it and work hard for it.
|
|
|
We should not worry about bitcoin falling down. It is still a volatile investment but one thing is sure it always goes up over time. Just in Jan it was $900 !!! The price will always go up as there is limited supply of bitcoin. So don't worry just chill and relax.
Bet on Altcoins too. Play safe! The rising and falling of bitcoin is a normal routine. Bitcoin now is @ $7200 just hold it if you want to have a great profit. I don't want to invest in altcoin now, all are almost down. Despite of facing different hindrances, bitcoin still blowing up. For me, there's nothing to worry if bitcoin price is fall. Business is naturally encounter hard experiences before to get what you wanted to get. It's quite good to choose to invest bitcoin because it is really good for investment. Don't worry about the future. Just enjoy what is for today because even how strong a business is, still nobody knows what will happened in the future.
|
|
|
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.
Yeah,it's not gambling if you have some technical analysis and Fundamental analysis,some people who think BITCOIN is gambling because they are not have analysis to make money from this currency Maybe some people called bitcoin as gambling because we're just investing without knowing if we really got our money with a profit in return. Like gambling, we never know if we really win or we were lose. The point is, investing bitcoin is risky because it doesn't have any promising that guarantee your money will back again. Maybe that's why people called it as gambling.
|
|
|
Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) When i was new to the cryptoworld i also have the same queation. How do i start? Well, what i did was buy bitcoin and trade the with the altcoins. If you want to know which altcoin would guarantee growth in your investment, the answer would be none. Growth depends on how you hndle your coins. Some people mine, some people gamble, some people do day trade, some people ghold their coins. If you wnt to be safe, just stay with the coins that has already built their names: bitcoin, ethereum, litecoin, etc. Good luck!! If you are a newbie, you need to consider some important things to do before to get involved to any kind of business. Don't make a rush to give your money immediately even you are not satisfied the information. Don't give your trust to someone you didn't know. Make sure that you know the official website before to join in an online business. Just refer from person who really got further experienced on it. And also do your own research so that you will know if the business is really good for investment or not.
|
|
|
Bitcoin is really stronger than what we discussed. And I hope, $7K becomes the basic value for bitcoin in the future. Demand continues to increase, while btc holders continue to survive and want higher value.
I'm not sure how stronger it is by now since the movement of its price is unstable. Maybe you said that it was really stronger because it still exist but if you try to look at its price value, you can see that the price is suddenly down and then suddenly up. But then, I believe that it can hit or reach more than $7k soon even there is a chance of falling down of its price.
|
|
|
Bitcoin is money. If bitcoin or crypto currency is already existing when those "definitions" where made, I think the writer would have included it.
Absolutely! Bitcoin is money for it used by many people to pay for their goods or to transfer money from one person to another person. On the other hand, it is different from fiat money since bitcoin is a digitized cryptocurrency which can only used through online transactions. We cannot hold bitcoin in our hand but we can keep it in our wallet for future used.
|
|
|
I think it will survive another 20 years, till its beaten by new crypto coin
Bitcoin's life for me is unstoppable. I believe that this is made not just for fun only but to sustained long-term investment. Eventhough it faces lot of risk but still people not tired of waiting for the right time of when to sell or to buy of it. For me, I believe that bitcoin will survive for many years as long as people continue to hold on it and work hard to make it grow.
|
|
|
I fruitful advise to all,
You need to sell your bitcoins now. This is because the btc is about to correct its price.
Dont wait for 8000 usd price btc will not reach that price yet.
After price correction, buy btc again.
BTC Price at coinmarketcap = 7,126.02 USD / BTC
Nice advice but what are your basic reasons why we should sell our holding now? I think there should be technical reason why corrections should take place in the first place. The bitcoin's price has been trending within $6985 and $7580 for the past three days and since it did not break the either I will expect us to wait until there is a break out either upward or downward. Don't just sell because price has over go up and vice vasal and don't just buy because price is going down but get reason why you are buying. Sorry but I am not agree that it is now the right time to buy bitcoin. Though it is currently in a higher price but still keep my bitcoin in my wallet and wait for much higher price before to sell it. I believe that bitcoin has a potential and can survive many more years to go and can reach more than the price today. For me, it doesn't need to sell if I don't need cash. I rather keep it in my wallet and used it for future investment.
|
|
|
They are worried that bitcoin can't be tracked and money can go to a wrong direction for illegal stuff for sure people are really intrested in to cryptocurrencies because they can send recieve funds without paying 3 rd parties
China is not totally hate bitcoin. Actually, this bitcoin was being ban by China to enforce capital control. The point is that the Chinese leadership would do anything to keep the Chinese economy going in order to keep power of these important juncture in Chinese history. Messing with the bitcoin for that matter, is one of the tools to meet their goals before summit.
|
|
|
Bitcoin is seen as a holder of crypto values while eth is more about making smart contract. They have very different purpose. I do understand why people say eth is the future as they have things that bitcoin dont have. And they have dev team, so the dev team is able to work on the development faster.
While many will compare the cryptocurrency aspect of both ethereum and bitcoin, the reality is that they are vastly different projects and have different intentions. Yes, I agree of your thought that bitcoin is a holder of crytocurrency while eth was features a smart contract. But i don't agree that eth is the future of crypto nor bitcoin.There are so many kind of cryptocurrencies nowadays so I don't think that this is a good idea to say that either of the two mentioned is the future of crypto.
|
|
|
after release bitcoin 9 years running. but bitcoin increasing or increasing.so anyone have good opinion for next five year about bitcoin? feel freee and drop your opinion. thanks
For the next five years, if people still use and seek bitcoin I think it is just like the normal thing thay happened. There will be ups and downs but still its price remains high. So many people are also getting involved to bitcoin after they discover it. The more demand the higher its price. By that time I also think bitcoin is already legal in country I belong. Then other powerful and influential countries are already using bitcoin as currency, as a thing for exchange to products and services also. But popularity is also the root of problems. Maybe some will discourage bitcoin, ban using it like the goverment etc. Well, I am not good of guessing about what will happened in the future but base on what I've seen, the uneven movement of bitcoin's price still unpredictable. If bitcoin price bubble, it really goes in bubble. But when if falls, it really decreases its price. If people still hold on bitcoin, maybe there is a chance that it will grows much higher than what we expect today and if not, well, let's wait what will happened.
|
|
|
|