The pricing for 2017 has been wild and very much unpredictable. I think the pricing would be in 2018 would pretty much be the same also. At the end of 2018, I expect the pricing to be a $18000.
Based from what I heard, this coming November 16, 2017 will be a fork that will split bitcoin once again, making it into three (3) categories now. Also, the fork that will soon happen will be one of the largest and most contentious forks that happened in the cryptocurrency world. So I think that once it happens, expect prices to dramatically decrease and maybe it would revert back to the $4000-$5000 range. Following the year 2018, I think that bitcoin has the potential of reaching the the $10,000 mark by basing it on the price history chart. We will never know until we actually experience it and we must take the opportunity to invest while prices are still down. |
|
|
|
I don't think bitcoin profit is higher than those from illegal acts because earning big income from bitcoins need a long term investment and hardwork, you can't have high income with just one transaction unlike dealing with those doing illegal transactions because it involves big amount of money with just one negotiations.
Well, anything that is illegal brings more fortune due to its nature, being very risky. Being a drug-dealer may bring you tremendous amounts of profit especially when you are a high-profile dealer. Comparing it to bitcoin like you said, it certainly needs time and effort in order to yield income. Patience is also a key in determining the amount of profits since you need to observe current news about the price due to its high volatility and you also need to consider upcoming forks that may affect the price of your investments. Overall, doing things the easy-way (which are illegal) tend to be more profitable but dangerous due to its conflict with the law but doing things the hard-way will give you the feeling of satisfaction, especially when you realize your profits at the end of the term. Do not ever do drugs! |
|
|
|
can this world stop in gambling?
someone who like to gamble hard to escape from the gambling trap. almost like a drug addict. Even after they went bankrupt still struggling to gamble by borrowing money for gambling. Actually what do they expect?
That's what we call "addiction". Once an individual is exposed to something and he gets attached on doing that action or thing, it feeds them satisfaction thus, making it hard to stop their ways. Especially when it comes to gambling, it is very difficult to stop their ways since their mind thinks that they can regain their losses by gambling again but in fact, they are just worsening their current situation. Greed is common in all individuals and removing it from the world may seem impossible, considering that money is your gateway into buying stuff. |
|
|
|
hey guys, i just want to know what to do with my bitcoins against the next fork coming Nov 16. I have some bitcoins with casino websites, should i move it out or leave it there? Thanks.
Let me shed you some light: The last fork that happened was on August 2017 and that fork significantly dropped the price of bitcoins to around $1900. The bitcoin fork split bitcoin into two currencies, namely bitcoin and bitcoin cash. People were skeptical and reluctant at that time, so they withdrew almost all of their bitcoins, thus resulting to an increase to the supply. But after like 2-3 weeks, the prices started increasing and it skyrocketed reaching $4000. In our current situation, it totally depends on your preference whether you want to risk it or not. Also, you need to consider your goal for your investments either for short or long term and obviously, cash it out if you seek short-term profits. Personally, I would not cash my bitcoins as I believe that by next year it would reach the $10,000 mark. |
|
|
|
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
It totally boils down to the discretion of the country regarding its legality or illegality. There are some countries in Asia that ban the usage of bitcoin since its decentralized nature makes it the perfect medium under the dark web for transacting illegal drugs. If the government of that country thinks that bitcoin contributes to the increase on their drug-related crime rates, prohibiting it may seem the obvious choice. But there are also countries that recognize bitcoin's potential to the market in terms of providing opportunities to people regardless of their status, and makes the economy liquid enough. |
|
|
|
There are some rumors running that bitcoin is actually going to be recognized by the Philippines as a currency.
I think it's a great move as it is going to make buying and selling bitcoins within Philippines much more easier then it is now.
Some Philippines are working outside the country in order to bring money to their families, most of them transfer the funds through western union, but bitcoin gives you a golden opportunity to transfer funds without the need to pay unreal fees to some 3rd parties, it saves a lot for an hard working man who has to bring food to his family.
Rumor or not, what we do know is the fact that lower developed countries tend to have a more open and generally more positive stance towards crypto and mostly bitcoin. Because endorsing such a stable financial network could strongly contribute to the country becoming more developed in the long run. We can see the same thing in some African countries. Any news regarding cryptocurrencies in general are advantageous in the country whose news brought about. Should Philippines accept bitcoin and recognize it as an alternative currency, then we are taking payments into a digitalized or modern transactions. This is great news since bitcoin reflects its reputation continuously increasing every day. Personally, the only hindrance that I can think off is that, Philippines is a third-world country. Most of the population here consist of both extremes- the extreme rich families and extreme poor families. The poverty rate here is around 21.6% as of 2017 and making bitcoin as payment would further weaken their situation. In order for this to work, the government must take measures in addressing the issue by providing necessary education for them to fully utilize this opportunity. |
|
|
|
soon. probably when bitcoin recognize as a currency countries such as America, China, UK. Then such sites will have no choice but to make such services possible
Though bitcoin is already recognized by most countries as alternative payment for products or services, they still are reluctant on making bitcoin as payment due to its decentralized nature. But by basing it from the charts, bitcoin has shown tremendous price increases over the past weeks and I guess that big organizations/companies will start to utilize it. At the end of the day, money is everything for those businesses and making bitcoin as payment will garner them more profits compared to fiat. Lastly, the only hindrance that barriers this idea is the availability and acceptance of people into bitcoin. |
|
|
|
I think the price will depend a lot how the hard fork will end,and I think it is very difficult to predict can this growth continue at this speed in next year.If it continues like this even with some corrections price should be in range from 15 000$ to 20 000$.Of course it is difficult to predict what can happen in one year time,some bad news like big exchange hack can pull as back.This is something like when you go through the minefield with a minefield map which is not one hundred percent accurate.
Precisely, there are a lot of external factors to consider especially with bitcoin's high volatility, thus making it very sensitive to forks, ICO prohibitions or country banning. By basing the price of bitcoins last January 2017 (which was only around $950), I estimate that bitcoin would reach $12,000-$15,000 mark by the end of next year, assuming the forks that will happen will affect it significantly. The pattern that I observed when checking the price of bitcoins is that, it decreases by 2-3 weeks prior to forks but after that, it regains its value and reaching new heights. |
|
|
|
I talk to big economists they say Is only a Bubble my thought Is no bitcoin Is revolution of economy even doesnt have a background like gold the value Is power of the people what do you think?
Personally, I think that due to bitcoin's nature being digitalized, traditional investors are finding it hard to believe that a digital currency can conquer fiat currency which has less security compared to other types of investments. Following the dotcom bubble that happened around 1990s, the internet-based companies started to grow and it showed tremendous results at first. After their excessive growth, the industries suddenly collapsed creating a bubble at first and failed at the end. They think that bitcoin will be similar to what happened to the dotcom bubble due to their nature being on the internet. Source: https://cointelegraph.com/news/why-traditional-investors-tend-to-think-that-bitcoin-is-a-bubble |
|
|
|
Banks are attacking bitcoins because of one thing. It steals away their opportunity to control money. Government are backing them up because it has the same goal. Control. There's no saying when it will start a war. They already started. A few big attackers are JP Morgan Chase and Bank of America. They say bitcoin is a fraud and is used for illegal activities and money laundering.
Well that was expected for them to say due to its rising reputation throughout the years. You are right about banks attacking bitcoin. The main purpose of banks is solely for investment purposes and earning profits. In the event that they realize that there is a decrease on the number of their investors per year, they would exercise all the means in order to get them back. Bitcoin, being one of the most ideal form of investment, is continuously rising throughout the years and its price is also increasing, thus making banks a little-less irrelevant in terms on investments but lacks collateral. |
|
|
|
Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
I think you can keep your money by buying gems if you do not want to deposit into the bank or the crypto. Investing in gems can also bring you profits because price don't always stay the same. Personally, I find that buying properties from different locations are the best way on saving your money, especially when you doubt the success of investments in general due to the fluctuation in price. Buying lands will result in acquiring property, which gives permanent ownership over the said land. No one can take it away from you and you also have the option to transform the land into an enterprise/business. Second, I find that investing it onto banks are relatively safe, considering the collateral that they provide in the event the bank shuts down. You just have to pick which bank you would invest and you are good to go. Lastly, buying gold is also an alternative option, due to its limited quantity in the world. Its price is determined via the law of demand and supply. Unlike bitcoin, its price is not that volatile and you are safe in the event the economy crashes down in your country. |
|
|
|
Hey guys, new member here  I've been watching Bitcoin's development since early August this year, and I finally gave in and bought 1 BTC for $4600. I didn't wait because I figured the value could easily break the $5000 barrier at any time, and if the price would suddenly normalize above that level, 1 BTC would be outside my budget. I probably went OCD on the matter and should've waited instead of having to have 1 full BTC, especially since the ICO-related news from China were still pretty recent. Anyway: the 2nd wave of news regarding shutdown of local exchanges hit hours after I made the purchace, and the value plummeted (it's now hovering just above $4000, that's a 13% decrease). Lesson learned I guess. I've been lurking on the forums for a couple of months trying to pick up some sound advice from you guys, and from what I've gathered I should stick with holding for 5-10 years instead of panicking. But honestly, it's tough to ride the lows. Any words of encouragement?  I guess I'm not the only one who've had a nervous start in the world of cryptocurrencies. Anyone else feeling like they "need" to acquire 1 BTC before the train leaves the station for good? Well heads-up buddy your risk paid-off, like any other investor here in forum! Firstly, congratulations on your investment since currently, bitcoin prices are starting to skyrocket as of the moment, reaching the $7000 mark. Second, it is true that due to bitcoins decentralized nature, no one can actually predict the final outcome of bitcoin especially when we are talking about the future. It is very hard to predict also its price, given its high volatility and that is why people just invest, hoping that their risk will pay-off (like what you did!). You are one of the living example that profited from investing and let this be a lesson for all young investors to take the risk! |
|
|
|
Basically you are doubting cryptocurrency as a short wave that could be abandoned by the community when the time has come? Let me you tell you even bitcoin dies, the cryptocurrency industry would always be there no matter what, there would be no barriers when internet and blockchain are well-known and WOULD be EXPLOIT and ENHANCED as time goes. Eventually other potential coins would replace BTC in no time, so basically btc dies? ETH, BBC, dash would take over it.
Probably, the bitcoin may suddenly lose its value but I believed that it is just for a short period of time and may regain its value after that and also it never comes to my mind that the bitcoin may abondon by the community so easily. You are also have a point that the cryptocurrency would be there no matter what maybe if the bitcoin lose its value people may find the second best altcoin to invest and will certainly return to bitcoin after it regain its value Definitely right. Like you said, it may lose its value especially if investors/people does not utilize it as payment. Also, if they do not see it as currency, it will eventually lead to a drop in its price, slowly losing its value over time. Though it may seem impossible, we must also consider that there is always that chance of happening in the future. But by basing its price currently, I say that it may be impossible for the time being, as its price is continuous rising despite the recent news of having forks by this month. It may even reach $10,000 by next year if this continues. |
|
|
|
Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.
It definitely has the potential of eliminating unemployment but you need to remember that most people that are in the "unemployment" stage are the ones living under the marginalized sector. Thus, this makes it impossible for them to have stable internet connection due to their current status. Also, do remember that some countries are still developing their technology and adapting to a system of virtual currency may be disadvantageous to their current state, which would increase their burden more. Hopefully in the future, every country are able to adapt to this kind of currency in order for the digitalized revolution to start. |
|
|
|
I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
The first factor that you must consider is time. Bitcoin has been around for like 4-5 years and through those times, its price increased reaching up to now, the $6000 mark. Next, you also must consider that due to bitcoin's decentralized nature, this makes it the perfect avenue for illegal transactions under the dark web. MEDIA heavily influenced its reputation throughout the years especially the drug cartels and the silk road, that eventually contributed into spreading the information around the world. Lastly, due to bitcoin's high volatility, its price is significantly high compared to any other cryptocurrencies or investments in the existence. |
|
|
|
Have you ever used one? What were the fees and the experience like, and would you use one again? Is there one nearby where you live?
Fortunately, my bitcoin wallet provider has an option of cashing-out my bitcoins to fiat via an ATM to a specific bank. Personally, I find it very convenient since it gives me the option of having extra cash when traveling, or for emergency purposes. I mainly use my bitcoins for buying academic related things in my university, which greatly helps my parents into limiting their expenses. Having an international ATM that supports bitcoin-fiat transaction or conversion would be beneficial to all holders especially students like me who utilize this as extra-money. |
|
|
|
Any tricks available in gambling to won the bet?
Even if hundreds or thousands of people share their tricks for gambling, you wouldn't able to win effectively because you are playing with risk. Personally, people who ask questions about finding tricks in gambling are people who are desperate in need of money. You may have a different case but I prefer that you engage into a job instead of gambling. There may be tricks or even strategies for you to try them out in order to reduce the chance of losing, but at the end of the day you are still playing against the odds of gambling, which is risk. |
|
|
|
would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
Should there be a country that uses bitcoin as the main exchange for services or products, I would probably leave that country and transfer to another due to various reasons. First, bitcoin itself is very volatile and decentralized in nature. Meaning, its price varies ever single minute and this might result to a change on the prices of goods every now and then without sudden notice. Second, in the event that bitcoin value's falls, then I guess that massive inflation would likely be the case on that country. Lastly, payments being digitalized will always be subject to hacking and scamming which would tarnish its name on the long-run. |
|
|
|
|
Show Posts
