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It currently looks like Ethereum is making the biggest percentage gains
at the moment. There seems yo be a lot of confidence coming back to
it along with lost ground to be made up after the big loss it made.
It is $131 as i post this which means more than doubling in a week, its
possible if it continues its current upwards trend but will there be a
correction before that?
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Just came across this article in my news feed. Its a big ine and likely Launched at this very oportune time as the markets look ro be resetting, and another bank looking to expose its customers to crypto trading. Revealed: Germany’s 2nd Largest Stock Exchange Listing Bitcoin, XRP, Ethereum and Litecoin on Crypto Trading Platformhttps://dailyhodl.com/2018/12/22/revealed-germanys-2nd-largest-stock-exchange-listing-bitcoin-xrp-ethereum-and-litecoin-on-crypto-trading-platform/Stuttgart Stock Exchange (Börse Stuttgart), Germany’s second largest exchange and the ninth largest in Europe, is scheduled to launch its upcoming crypto trading platform in the first half of 2019 in collaboration with Berlin-based fintech company solarisBank which will also offer crypto-trading banking services for the stock exchange. |
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In my ciuntry bitcoin is treated in the same way as other investments
and is subject to "capital gains tax" of 30%.
Taxes are necessary to make sure a country is able to run and provide
services but nobody likes paying too much.
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Its one thing TYPING or SAYING bitcoin is going to die or fall or whatever
but when presented with graphics where people can SEE historical figures
which backs up the fact that bitcoin is in a very healthy place it laughs in
the face of the negativity going around.
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Its clear that this thread has revealed 2 members who clearly want the value
of bitcoin to plummet so they can buy back again thats the op and KingScorpio.
I wouldnt be taking anything of value from any of their posts purely because
its all negativity and no technical analysis as to why the are that way.
Look to the long term, if prices fall, If they rise , rejoice!
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The big issue in real term is that newcomers want to buy bitcoin and unlike
walking into a shop or buying something on ebay for instance it is not instant.
The new buyer expects to spend the FIAT and receive the goods like other
items but unfortunately there are hoops to jump through which take time
if they use an exchange.
Alternatively they can buy for straight cash which brings back to ognasty's
post above.
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Well you only loose if you sell at a loss, obvious statement i know but so
many people are bound to have lost big time out of fear and not being
knowledgeable about crypto trends.
There was a lit of fear being spread to make weak holders sell, and they
did, hopefully they have learned that bitcoin isnt dead or isnt going to $1000
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I think the title might actually be true.
I started with bitcoin when I was 14 but by then I’d already missed all of the mining with a computer as ASICS were already out. I think a lot of people who started even a year or two before me would have been able to mine with a cpu or a gpu.
Vitalik started working on ethereum when he was 17 I think too...
Wow i thought the thread title was really incorrect, i would have guessed People in their late 20's would be the big holders. I'm surprised to learn you started at 14 but i suppose young people from 8 or 9 years ago who were into technology and were intrigued by bitcoin could indeed be still holding from then...... if they havent forgotten or dumped their computers. |
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I also believe that it is just a correction of a dump. New dump will approaching approx at 28 of December on futures closing. I don't expect up trend movement till the end of the year.
I would be inclined to wait for the next dump also. There will be sell orders kicking in soon as people who bought low will be taking profits. There will be people buying now out of FOMO when the time was earlier in the week when a lot of people were waiting for Bitcoin to go to 1K. The markets rarely keep going up though. |
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The system has to implode at some stage, it just cannot continue to increase.
Debt, debt and more debt, society is being fed this, capitalism and commercialism
are feeding it and society are buying it. Everyone wants the new car, the big
house, the latest fashion and the latest gadgets, it all comes at a cost and we in
general keep borrowing and spending, But when the bubble pops its the public
who will pay.
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Well for me it will last forever because it will outlive me and probably
everyone else on this forum too.
No need to get hung up on the life span of bitcoin. If we work towards
keeping it alive while we are around we can pass it on to the next group.
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Any sign of green in the market brings new waves of positivity and speculation
threads, it wont be long now when the bull will be mentioned.
By this time next week bitcoins value could be back to 3k. Its difficult to find
repitition in the markets. Compared to last year this "rally" is a blip.
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Well, it's a novel way to bash on BTC, I'll give you that. I mean this in the least hostile way, but if you really don't believe in BTC or any crypto then why spend time in a bitcoin/crypto forum? I am truly curious as to the answer. I personally find it hard to believe that the so called haters are all here out of the kindness of their hearts to try and warn people off losing their funds.
Those haters spending their time on the forum hating bitcoin and crypto are only self-serving so they can affect the market in some way for their own good, the actually LOVE crypto........thats why they are here. |
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"complete regulation" is a scary term for a lot of us.
In the case of attracting new business in the crypto field it will increase
employment and boost revenue similar to what Malta had done and
Australia before it.
While some countries are slow to move Belarus can see the potential
crypto has and the benefits it can offer.
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I have been buying bitcoin on and off for the last few weeks when my
disposable income allows. I dont get hung up on the FIAT value too
much although the last 2 or so weeks have presented a great
opportunity to get some more.
For yhe amount i buy at any one time the FIAT value doesnt make a
whole pile of difference,
But
Its the long term which i focus on, 5 years from now will see a difference!
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Everything posted by the OP is actually correct.
The bitcoin whitepaper was released on the 31st of October 2008 and
the first block was mined "the Genesis block" on January the 3rd 2009.
The fact that Wikipedia mentions a group of people is speculation
because as has been thrashed out on this forum and im sure elsewhere
the identity of Satoshi is unknown, it could be either a man, woman, both
or a multiple of people.
Bitcoin is being used in different ways and it us looked upon as diferent
things to different people and governments around the world.
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I wouldn't say that there is a new era of bitcoin at all.
Bitcoin hasn't changed one single bit in terms of how it operates fundamentally and the benefits that it offers both technically and economically. All that has changed is the price, and that is due to market cycles and psychology that doesn't necessarily affect the bitcoin network.
Thus, the most important thing out of all about bitcoin isn't really its value, but rather adoption figures.
And right now it seems like there is still an increasing amount of adopters, which is somewhat surprising in this bear market, but still shows promise for the future. After all, adoption is what sparks demand in the long term anyways.
Yes ERA probably isnt the right term to use, I would pit forward the word 'Phase'. With the coming of the new year we will be entering a new phase. I guess the OP is eluding to it as is Franky1 and I think a lit of people are on the right track but its difficult to pinpoint exactly what will be involved. We can be confident of more adoption, enough people know about bitcoin so that when the next positive uptrend starts it will hopefully bring even more users. |
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Looking at the red market situation, what did you do and plan at the beginning of Q1 2019? Are you still sure the arrival of the Bull run? If so, you have the same expectations as me now. Hopefully the situation will change soon. Do not give up  !! Thank you very much. Why would we give up. After seeing the price of cryptocurrencies spike in the previous year, I definitely believe that soon we will enjoy the fruit of our patience. Yes patience is indeed important, in this cryoto space a lot of people have yet to learn it. The crypto market situation is creating a lot of divided thought but I am confident in thinking the future is giing to be positive with some bumpy trips along the way, again people have to be aware of this and hopefully there will be lessons learned from the past 12 months. |
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For a large majority of people the best way to earn their first BTC is going to be to go to work and then spend their FIAT. Gone are the days when it's easy to earn a BTC or multiple BTC by doing small tasks, purely because the value of BTC is no so high.
Correct. I buy lots of small amounts of bitcoin a couple of times per month added to this is my signature campaign and not so regularly so design jobs. For low income earners or people with low disposable income achieving 1 bitcoin can be something of a mountain climb especially as the value goes up that is why now as the market shifts down is a good time to aquire BTC. |
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I couldn't agree more with the post above. The statement in OP is more valid when it comes to the other altcoins then about BCH and BSV.
If everyone sells the altcoins they got, and I'm referring to the ones that literally has no use (and believe me, there are many), the forked coins will have no impact on the market anymore.
Done, well almost done with almost all the shit cojns i had. I claimed my BCH abd traded it for BTC shortly aftet i got it. Also with a lot of alts i had they went back into BCH, that is the main focus and it should be for everyone. |
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