Bitcoin has known quite some increases but if you compare bitcoin with assets like gold and other resources bitcoin can still make a tremendous growth. My guess is, it will in due time. However it can fall back to 1k or even lower just as easily. It's about having faith in the underlying technology which makes you to invest in bitcoin.
For me, it is not too late to buy bitcoin. Although there are many other cryptocurrencies, bitcoin still remains one of he most watched and speculated currencies of all time. Many people thinking about whether they should go into buying or investing in bitcoin right now. But then, the appetite for speculations is still pretty strong, so the price is still likely to rise at this point of time. It's an interesting technology and I think it's worthwhile to buy small amount you can start with and learn from. |
|
|
|
How to earn monthly income with Bitcoin/Altcoin trading with small capital like 0.1 BTC??? Is it possible to earn good income with 0.1BTC??
yes it is possible to earn monthly income with Bitcoin/altcoin trading with capital of 0.1 BTC, but for that you need to answer the question how long you have been trading and whats your goal in trading. Keep in mind that Trading can give you monthly income and at the same time it can also Wipe out your all capital.You need to continue your trading studies and research and try to increase your knowledge and skills first and then grow your capital by gaining good monthly income.There are many list of websites that can help you in cryptocurrency trading which are listed in this forum's thread. Your capital is more enough to do altcoin trading. But you need to learn about crypto trading and how the coins price will fluctuate and which all coins are good for day trading. You are looking for monthly income means you must do day trading long term trading is no use for you. So check out which coin is having high volume since last few weeks and other stuff regarding all high volume coins and start trading it is possible. It is possible to earn good income with 0.1BTC. By now we should have a good general idea of what cryptocurrency trading is all about but if you want to learn how to make money trading digital currency then you will need to have some more specific strategies and techniques. Take care to spread out your capital over an even larger number of ventures in order to hedge your risk. On the other hand, buying after the news about the higher price of bitcoins can still be profitable so this may not hard and fast rule to follow. |
|
|
|
Its a great idea to let the younger generation to know about bitcoins but its only possible if someone introduces them to bitcoin as in colleges students are so busy with their syllabus that they don't get any time to focus on anything else so unless anyone doesn't tell them about bitcoins they would never come to know on their own.
I think it is good idea for those student who used it in right way. College student is old enough to understand what is bitcoin for he or she contributes to the ever increasing creative ways bitcoin is being used. However, this could only depend on how the student used it since we know already that being a student is taking much time for activities or responsibilities at school. |
|
|
|
I am not married yet and I don't have any children but yes I will try to save as much as for my next generation so they don't have to struggle for money that I have gone through and once I have children I will also teach them everything about bitcoins so that they can also start earning bitcoins in a decent way.
It doesn't matter anyone's status of when were going to save or spend money and to whom it will be spend in the future. It is up to us. Married or single can save money for future used. Saving money for children is one good idea. I am absolutely agree of this.If goods and services are priced in BTC , then everyone involved saves money and engages transactions more efficiently. |
|
|
|
I think BTC will reach $10k but not until at the earliest summer of 2018, it is too much to ask for it to continue pushing upwards at its current rate.
I think bitcoin can reach $10k pretty easily by the end of 2017 as $6k is in reach and fork is also coming so another pump can take the price to $7k. Anderson when everything will be settled in the fork then every bit gold supporter will come back to bitcoin taking the price further high. As bitcoin catches on, we expect more people and more businesses to use it as medium of exchange. Eventually, some people believe it will be used as much as any other currency. Although Bitcoin is in a rising trend and keep going up, I don't believe that it will reach $10K at the end of this year. That's too very high price. Maybe by next year it will. |
|
|
|
There is no such thing as "bankrupt" in bitcoin. Bitcoin may lose its value, and the price may drop down extremely low, but chances are very low, unless the whole world bans bitcoin. But if everything remains stable, the price will keep on going up. The total coin supply is limited, but the demand for bitcoin will keep on increasing day by day as new investors starts to join causing the price to go up. Just simple economics.
It's hard to predict but base on what I had seen, bitcoin will survive as long as people investors, dealers, etc. are not tired of holding or using bitcoin. Bitcoin today is so popular specially on social network so I guess everyone here in this forum still believe that bitcoin will last for more years. As long as many people believe in it, as long as people worked hard on it, then I should think it will last long. |
|
|
|
Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
I also panicked yesterday so I sold a few percent of my assets, I do not know the exact reason but I assume it is a correction and probably will drop further, but quite happily the bad things I think did not happen, and bitcoin prices increased again, hopefully there is no severe dump ahead of the hard fork later. Usually, a drop in transactions is associated with a drop in price. But there's no clear case when were the right time to buy or sell bitcoin. Maybe bitcoin has not yet seen wide adoption for day-to-day transactions but the number of transactions occurring across the globe has been rising. Though rumors spreading about dropping of bitcoin's price but people still keep hold on it. People are not scared of hard fork. |
|
|
|
so..all you have to do is to search every part of the project and analyze them as well as use your intuition.. after you find one you like.. check what the team looks like.. ask questions.. check if founders know their project by heart and they can answer logical questions...
It is not all about the team you idiot. What you are saying here is The ICO, while the people want to learn more about altcoins, not just only ICO. Therefore, you need to give them more advice in this issue, not only about ICOs. And I just want to say that ICOs are trash. There are too many ICOs and I think that they are not reliable anymore 95% of ICO are scams so dont lose your time on them. So be careful and take your time analysing the dev's planing and ambitions. Actually we can not know the devs and project are scammer or trusted, just when this project completed crowdsale and work in a time, you will know this project is trusted or scammer. If easily to know a project is scam or not, there is no one lossed its money to those scammer projects. Altcoin trading is a vast field and therefore one need to have good experience to invest in altcoin, i think for a new it is too much important to get some good experience first and then try to invest. i think he should start trading altcoin with a small amount so that first he learn about trading and investment and after that he can increase his investment when he realize that now he has enough experience in trading altcoin. Altcoin is notorious for scam so before using any service, you should know first its official site. It can be difficult to protect oneself against scammers but we have to know some precaution. If the project cannot convince you of its use cases then you should not give them your money. For me, it is good option to investigate more choices, but remember to check reviews and history before choosing any particular exchange. |
|
|
|
I think this is probably due to the fact that bitcoin is decentralized and they do not have control of it, since the transactions are anonymous, they will have a hard time of tracking down people who are scammers, though we can get the ip address, still there are ways.in which you can change your ip address. It also may be due to the volatility of bitcoin that these countries are afraid that their people might not understand what to do with investments, their countrymen might get back on them once they introduced bitcoin to them. As far as legalizing goes, those governments still need time to study on how thry can incorporate digital currency in their constitutions, since that is always seem to be case, why some countries do not legalize bitcoin, and some who did legalized bitcoin, are having trouble, where in fact, they all can ask assistance from japan and how they managed to it.
You have a point. Speaking of why some country still not legalized bitcoin, well simply because there are some people used bitcoin for illegal transactions. Other investors are being hacked and their money gone. Some are used it for criminal activities. This criminal activity is absolutely the single most silent feature of bitcoin's anonymity. Se we can't blame those country to decide what they think good for their nations even we know that bitcoin is not intend to do such bad things. |
|
|
|
I think otherwise. bitcoin prices are declining, but, now can be seen that the price rises back and headed at a price of $ 5000. there may be times when bitcoin decreases, but there will be a flashback of higher price increases. I believe that.
Yes, I am confidently believe that crashing the value of bitcoin is not a hindrance of getting back to its higher level of price. For me it is very possible that bitcoin will exceed. Bitcoin is becoming more interested in the digital currency and the blockchain technology behind it. Its prices have continued to rise even though the cryptocurrency could potentially split in two come November when the bitcoin network undergoes a hard fork. |
|
|
|
The advantages of bitcoin is it helps to the needs of the people and good for investment. Bitcoin has many advantages, it has very low transactions fees or either no fees, and its fast and secure. Bitcoin can be sent anywhere part of the world in everyone. It gives profit and opportunities to invest and extra income to the people. It can be used in any country and you can keep bitcoin in digital wallet on your computer.
Yes there are numerous advantage of bitcoin like it gives you more profit than other crypto currency as well as you can get a regular income without investing in bit coin as by participation in signature campaigns etc, Bit coin cam make a rich person in very little time because it has the capability to do that. hopefully even the children will become able to use bitcoin for buying sweets in local shops of their area. A lot of advantages like no income tax worries total digital transaction corresponding to your shopping and the most favorable is it can help one to make money faster so that it make people millionaire in no time just because of their dedication and determination. Bitcoins advantages are more than the thinking of normal person so invest and see the blessings. Compare from other currency system, bitcoin is more advantage because it doesn't need third-party seizure,no tracks, no taxes, no transaction cost, no risk of "charge back", and cannot be stolen . Another major plus is the fact that you control it. In your wallet, your bitcoin is untouchable by governments or banks. People can't also steal your payment information. Bitcoin also adds extra income for everyone that is interested to join. |
|
|
|
Ethereum is very good and profiable for mining. And it's also the best altcoin
Aside from that, it said to be special because Ethereum enables the development of potentially thousands of different applications all on one platform.It allows developers to create whatever they want for they can build thousands of different applications that go way beyond anything we have seen before. I had also read some articles stated that this Ethereum was developed to augment and improve on bitcoin, expanding its capabilities. Importantly, it was developed to feature prominently "smart contracts". |
|
|
|
As of now, there are no signs of bitcoin going down, though without china and some exchanges are being closed, bitcoin still proves to be the dominant force in cryptocurrency. I think a major event like a world war, may bring the price of bitcoin down, since all will be affected or it may be halted, it depends on what will happen if ever it may happen. Bitcoin is also showing strength as of late, i think that is because of the upcoming forks and bitcoin gold, still we need to be careful, since the last time bitcoin fad a ver nice bull run, chia decided to ban bitcoin, and noe russia is showing some signs, but hopefully they will find a way on how to handle theirs and not judt let go of bitcoin.
If only I control the bitcoin's future, maybe I will do everything to make it last. I won't allow any hard situations happened since I know that many people hoping for its continuous growth. For now, I am not expect it to crash since it is currently at a higher price. But then, keep in mind that nothing permanent in this world so never expect too much about its growth. Yes, it is now climbing up but due to uneven movement of its price, no one can predict the exact time of when will be it goes down or ups again. |
|
|
|
No, Bitcoin is a currency employed into electronic entire world as payment to the electronic or online services. But you can converted it into a genuine income, using the other banks that acknowledge bitcoin as forex.
I'm not agree of your opinion that bitcoin is not money. Bitcoin is money for it allow online users to processes money transactions.It is a scarce commodity used as money by millions around the world. It is a commodity money without gold and a fiat without a state. It also called money for it has its own value. Besides, there are thousands of businesses and individuals voluntarily accept bitcoin as payment and is also used by other people to shop online. |
|
|
|
Yes dear, I am still support Ethereum. because i think Ethereum have a good platform. Ethereum have many potential in future. I hope next year Ethereum give us a big opportunity. prediction next year it rise minimum of 2x or 3x . See more: https://youtu.be/3jKz1eVI5l8There's nothing wrong of choosing different types of cryptocurrencies as long as we know that it is good and cant harm society. i also support Etherium for it is known of being largely anonymous and secure against fraud and theft, as its transactions are logged in a decentralized ledger. I think this is good technology since it works as all sorts of other things to run on the network. |
|
|
|
This would be amazing although given the timeframe I highly doubt it (but would be ecstatic to be proven wrong). Generally speaking moving averages may be a decent indicator but with not sure how that would be applied to BTC considering how it's not like any stock or share I've seen before.
Yes the prediction mentioned does look too over. I see the chance of raising the bitcoin price will not reach that way. bitcoin is different from the existing one, but in mathematics bitcoin is like a currency. so I think the bitcoin price increase would normally reach up to $ 10,000, but for the price of up to 27K for 4 months I think it's like just a speculation and beyond the limits of bitcoin power. But look at the spreadsheet that I posted above. $27,000 is conservative. For the technical analysis delivered by that data to be extreme it would be around $40,000. So who knows, if past performance is of any guidance, $27,000 would not be crazy. Consider that if we survive segwit2x and remain in the legacy chain with Core, there will be no more FUD so it's only up from then. November is the key moment. After that we will see accelerated growth given that Barry Shillbert and co don't kill BTC. Thousands are entering the market and bitcoin is being mined around the world, it is hard to tell. There have been massive sell-offs and there's more irrational exuberance than knowledge ruling that market so I see no chance to hit that $27k within four months. Though bitcoin is bubbling today but that is impossible to hit that price. That's too much higher to believe. |
|
|
|
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?
I guess this question is not necessary we already know that bitcoin is the most popular but why? I guess the only reason is because it is the original and it is the first or in short the origin of all of this cryptocurrency we already know that bitcoin is the first cryptocurrency so probably no doubt about it it is the first one to become successful in some ways that why it has cost a lot in all of time and the number one because basically the other are just alternative token or in short just a copy of bitcoin. Aside from being the first made cryptocurrency, the BTC is being popular of its different characteristics. Bitcoin is buzzing all around news and media, and might seem to be the future of finances. At this point, you almost can't argue that this technology is yet to shine and just like any groundbreaking know-how it needs time to be figured out and being implemented. But you can prepare yourself for that future by investing today. |
|
|
|
The way I spread the knowledge about bitcoin is by talking directly with a friend or relative. While explaining bitcoin, I also provide proof of transaction from my blockchain wallet so they are more confident.
Seems good approach but here should be some more info that need to be published rather than just showing the blockchain stuff. They must be taken into consideration as noobs and they must know things from the scratch before we can pull them into bitcoin world. They should really taught how everything works in the blockchain and why everything is successful here. If they believe in the facts then they will be ready to take the trials, that would be first step to create a crypto lover. ;-) If you were asked me on how i spread my knowledge in bitcoin well honestly, I never share it to those who are not willing to listen and not even show small interest of it. But before that, I would show some general knowledge about bitcoin through posting videos on social medias to catch the attention of the viewers. Meanwhile, not all people always on social networks so I also introduced it to my family, friends and relatives. Some are got interested but are too busy for they always in a hurry. |
|
|
|
At the rate it is going, i think it will hit the 5000$ this november. Today's range 4764.12 -4828.97. It an even reach to s maximum of 5110$ by november 9 but will slow down at 4610 by 4619 according to prediction.
Yeah I honestly think so, the price is just so close with $5000 or even this october, bitcoin will succesfulyl hit $5000 as our new ATH and see whether bitcoin could break to $6000 at the end of november. But, I don't agree with your prediction, what's the reason of your statement that said bitcoin price will become $4610 again? That is for sure, the price of Bitcoin need to correction of the price again before breakout new resistance price. But you must to know it still depends on the demand on the market. If most of the traders thought the price of Bitcoin will be $6,000 soon, maybe it will not dump to $4,600 again and continue the bullish trend. I am not totally a future believer but base on bitcoin status today, maybe it will hit more than 5000$ before November. After a few level of years, its dollar price soared again. Financial analysts and researchers in both the cryptocurrency and banking sectors emphasized the possibility of bitcoin to surpass $1 trillion in market cap. On the other hand, some people simply hold their bitcoin, hoping they will accumulate in value and prove to be a lucrative investment. |
|
|
|
I don’t see any reason for a crash in the immediate future, I don’t believe we have any FUD or scaling worries coming up. The BTG fork will probably even end up playing a part in another price rise.
At present, most countries have either legalized bitcoin and other altcoins have not put a ban on any activities involving cryptocurrency, besides illegal ones. However, the situation is only slightly different because it is possible that we might be part of a cryptocurrency bubble, and when that bubble burst, the price will fall as quickly as the droplets of any bubble take to the ground. But this outcome may not bother some of community members who see either path as a tradeoff. Only time could tell if bitcoin really climb or not. |
|
|
|
|
Show Posts
