The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? If you have bitcoin, you can easily purchase anything you what on the stores who are accepting bitcoins as payment. And you have the opportunity to earn big profit if the bitcoin price suddenly jump a huge gap again.
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It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
For me, the biggest bloom of the bitcoin price is because of the demand of bitcoins. When there are more investors than sellers, the price move up. When there are more sellers than investors, the price drops. The price that time is very low, that is why many people invested and made the price jump a huge gap.
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
Yes I agree but many people are selling bitcoins not to loss opportunity but to earn profit in a short time. They buy bitcoins in a lower price and sell higher. That is what people understand about bitcoin as of this days.
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Does Bitcoin Need The Social Media's Help To Promote Itself?Well, Bitcoin needs all the help that we can get. With its current situation, Bitcoin Foundation is just thinking out of the box to help Bitcoin recover and might even succeed. With the help of Social Media, bitcoin can attract new and young users. Learn about bitcoin and eventually adopt it. Maybe this is the first step of mass adoption. What do you think? Promoting bitcoin in social media is a very big help because there are billions of users all over the world using it. But in the current situation now, Google and Facebook announced in banning cryptocurrencies related ads. This is a big loss in cryptocurrencies.
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So I've been watching the market for a while and keenly watching for about 4 months, what is driving this massive price spike in your opinion? Are you expecting the price to drop dramatically soon? Then another rise? Or are you expecting it to continue this sharp rise for the next month or two? I'm interested also in BCH too, same questions In my own opinion, the price increases because of the demand of bitcoin. When there are more investors than sellers, the price increases and when there are more investors than sellers, the ptice decreases. That is why the highest bitcoin price last december 2017 suddenly drops because many people are selling their bitcoins.
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new coins that have come a lot in the crypto world have an impact on the market price. however, after the arrival of the same ripple operates behind the blockchain. will this coin replace BITCOIN or BITCOIN will continue in its position and remain the king of all coins?
It is possible that another coin will replace bitcoin as the king of all coins but for me, no other coin will replace bitcoin as the most popular coins. I still believe that bitcoin can recover soon.
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In my own opinion bitcoin in the future will become a large earning industry in the Internet.
Yes this is the spectations in most of the people that bitcoin will be the biggest income source in the internet but as what I have observed bitcoin now is starting to move down its name because of the big companies announcing to ban bitcoin or cryptocurrencies related ads. And because of that many people panic ang quickly selling their holdings.
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hi guys as you can see , bitcoin dropped now less THAN 8,314.88 USD., AND IM PRETTY SURE IT WILL STEADY AT ITS PRICE TILL APRIL, SO RIGHT NOW IS THE BEST TIME TO BUY BITCOIN, DONT MISS ITS PROFIT, AS ITS BOOMING AGAIN IN 20KUSD AT THE END OF 2018. SELL YOUR HOUSE OR ANY STUFF THAT IS NOTHING TO DO WITH YOUR LIFE, MAKE MONEY WHILE SLEEPING. IM DOING IT RIGHT NOW.hahaha
Yes I agree that this maybe the best time to buy bitcoins because the price is very low but what if the price will continue to decrease to 5000USD and steady to that price. Investing in bitcoin or in all cryptocurrencies is like gambling your money because we don't know when the price will drop or rise.
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Aside from bitcoin what do you think is one of the best alternative investments in the economy today?
If I will have to invest in a business aside from bitcoin or any other cryptocurrencies, I will invest to vape industries because vaping is my hobby too and I know how the market works. As of now this is my first project if I earn in the cryptocurrency business.
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
If I were in the situation, I will talk to them with no alibis and tell them to be calm because every downfall of bitcoin price is very normal, just patiently wait a little longet and it will increase again.
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It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
I think they desreved that wealth because they struggle to earn that money. Yes most of them don't have enough knowledge of the economy nor business but it is not too late for them to study all about that.
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In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?
For me, bitcoin price dropping to zero could happen but I think it will take a long time and a little percentage to reality. Bitcoin is the most popular now so if more people will continue to invest in bitcoin, it will not drop to zero.
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@Bountymanger
Is this the last Bounty Week @Signature Campaigne or the campaigne closed yesterday?
THX
Dear bounty manager, I want to know, is Week #15 is the last week? I have the same question, in the spreadsheet the last week is 15. But there are 3 more days before the ICO is finished. What should we do? I think the campaign is closed because the total stakes already given.
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The worst thing I did in this cryptocurrencies's world is when I was just new to cryptocurrencies and investing in bitcoin and ethereum while the price is high, but that was just a little amount so I just lost not that big.
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Is there any ending or not?
If there is an ending in bitcoin, I think this not yet the time. This downfall is very normal because of many sellers when the price move up to $11,000. If there are more sellers than investors, the price will decrease and vice versa.
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Anyone bought drugs with bitcoin and what are you thought on the subject ?
i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.
This could happen to avoid the authorities but this is not good. If this happen, government will do anything they can just to ban bitcoin to avoid it from wrong users lile buying drugs.
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
I think we cannot control the bitcoin's volatilty because the price depends on the demands. When there are more investors than sellers, the price will move up. And when there are more sellers than investors, the price will drop. Just in my own opinion.
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Many of us here are hoping to be successful miners/campaigners or anything realated to BTCitcoin. Some people succeed many people failed. With that said, what are the biggest changes in your life since you started bitcoin? I hope these will inspire other people so that we too can be successful. Thank you very much!
To be honest I still don't have bitcoin or any other cryptocurrencies as of now but I am working very hard to earn money and invest to bitcoin because I saw many peoples changed their lives from earning in bitcoin. Some of them even leave their regular job to focus in working to bitcoin because they know what bitcoin can do to their life.
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i like it a lot because this crypto i change how to make study hard.. like when im schooling before, and now same crypto before you move forward in all coin make sure study first. in crypto i make profitable income he even not much. also all ico token its like a lot also they also make your profit if you joined thier project.
I think all people in this forum like cryptocurrencies. Because of cryptocurrencies, many peoples lives are changed. Because of cryptocurrencies we can earn bigger income that we can't earn in any other business or even in our formal job.
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal? How do you think the community would react? What could be the possible solutions?
For me bitcoin will still continue its business even if it will be banned all over the world because many peoples are trusting bitcoins and using it as an extra income. There are still many people that will invest because they know they can earn much bigger profit.
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