Latest posts of: Willitivity

Since the media and other information sources are not usually doing a good work in promoting, sensitising and creating awareness for Bitcoin usage and adoption, I think activities like this is a very welcomed development. But the question now is how long will this go to achieving a single purpose. Furthermore, aside from outside promotion, we also need some in-house sensitisation of Bitcoiners, almost all us are here for the money.

In as much as Bitcoin ETF is not fully needed but on the other hand, it's needed to a particular extent. Such things will bring a drive and cause new investors to come into the market, it can also provide room for more Bitcoin adoption and which when paired with other legalization, will bring about a turn around of things now.

Ethereum since dropping alot in price have been having a hard time getting back up and also with the market not helping things at all. Ripple on the other hand has been showing a stiff competition, even after dipping hard too. But the supply and the price has been making it stay at the top. It's good to see cryptos in a top notch battle for position.

From your post, one thing is worth nothing, the never die attitude of Bitcoin investors and also the ability to have survived so many downs and serious attacks from the outside world, it takes grear strength to overcome all those. As for where we are going this year, Bitcoin is yet to show a reversal and uptrend, therefore it's still a fluid situation.

Depending and using Bitcoin or crypto in general as one's primary means of income is not a very good move. Unless for students who want passive income while they get done with college and also other members of the populace that wish to use crypto as a means of adding up to their basic income. Bounties these days are not as it were in the past.

The issue of whales influencing the market have been a very controversial issue especially at this time when the price is down. Everyone believes that the whales lower the price so that they can accumulate more at a cheaper price. Actually, I think the whales doesn't have much impact on the market as we all think they do.

Quote from: arpon11 on January 01, 2019, 12:05:59 PM

Firstly, I will like to congratulate all of us that started last year and today according to my country calendar we are in new year in health and prosperity. I wish all of us traders well.
From all indications the cryptocurrencies market and bitcoin in particular has not seen to be in the bottom yet and the bears are more ready to pull down the price further. We don't even know accurately were the bottom is and according to some speculators bitcoin might go below $3000 before we can see good recovery.
My question is this: were did you think Bitcoin's price will be at this time next year and What are your thoughts and technical reasons why bitcoin will not go beyond $3000? Your views will be appreciated. Thank.

On a more detailed level, no one can really tell the time we will begin to see a bull run and a sustainable growth again. Everyone hopes that after bello $3k that the price of Bitcoin will surely begin to rise, but the reverse might be the case and nothing will still happen. And for where the price will be by this next year, it's too early for such guesses and predictions.

Regardless of whatever the price is, there .yet always be active trading. Most people are not selling, rather they are swinging. And also most whales who got in at a lower price are selling off now, cause people to panic sell and they can buy in at a lower price again and continue the cycle. Selling now is not a pretty good move unless you just bought in recently at a lower price.

Regulation of cryptocurrencies is something that can't be kept at bay for any long, it's must take effect very soon and as it stands now it seems to be unavailable. The regulation will leadto bigger adoption, taking Bitcoin mainstream amd bringing in so many institutional investors and other bigger players.

As it stands now, one can't really say if any altcoin can topple Bitcoin in the long run. For now, it's very evident that Bitcoin eill continue yo remain at the top of the cryptocurrency table. All these projects mentioned might come up but not to overthrow Bitcoin in any way.

Bitcoin is far from being over. This is a new technology that is still in it's formative years and still has more room for growth and improvements. Unfortunately, must people came in when the prices was at peak and with the way it is now, it seems over but that's not it. We are just getting started.

Judging ftom the your rank, you're pretty new on this forum. Rather going around looking gir who to exchange your ETH with for BTC, I would advise you sell it on an exchange, there a handful ofvyhem around. You can use Binanace for now. But if you must exchange here, he sure to use an escrow to avoid scam.

Even though Blockchain habr been here for some time, but I can't see it toppling VISA any time soon. Being the fact that Blockchain is not regulated and so many governing bodies are not even in support of it. Other than that, Blockchain technologies are still an emerging market that should be given some more time to prove itself.

Bitcoin can never be at a stable price. Since people still trade cryptocurrencies, there can never be a time when any crypto would be stable, that would mean no need for trading or holding since there is no appreciation in value. The volatility of cryptocurrencies is one feature that can never be wiped off.

Predictions abd speculations at this time of the year is nothing to hold on to. I could remember early 2018, everybody was predicting BTC to reach over $50k because ofvtge 2017 pump. But we all.saw how 2018 ended in a very sorry state. All we can do is speculate, watch and hope our predictions come through.

The growth of e-commerce is a very good opportunity for cryptocurrencies. Since both operates on the internet, cryptocurrencies provide a more uniformity in payment eliminating the charges in international payments which comes in fiat conversions. But on the hand, most e-commerce platforms will still not likely intergarte cryptos because of the volatility.

On a very serious note, that's some very massive figures and doesn't really say well for crypto. News of hacks and scams have been on the rise recently and this even causes a setback for potential investors from joining the cryptocurrency. But still we need to ensure a very good sense of security and always be alert to potential scams.