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While what you pointed is true it is also absolutely necessary for an investor/trader to research a project well before he put any money in it.
The third point you mentioned can be achieved only when the a proper research is done. The price should also be considered before investing since market size is the one that derives the price.
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The incorruptible ledger is making rounds in the most untouched sectors of digital market. Is this snake oil or the real deal?
Nothing on this planet earth is incorruptible, so, Blockchain will be corrupt when the government finally pave their way in, though not now but in the nearest future. Whatever is created by man in corruptible as man equally is. Blockchain is the real deal and not snake oil as you speck out, many Banks have now adopt the use of Blockchain including some higher learning institution. Blockchain is the future of a digital era..... Could you take some time to tell us how could a person or government, as you say, could possibly corrupt a blockchain unless it is a private blockchain ? I can't think of anything in a public blockchain that can possibly altered in any way. The incorruptible ledger is making rounds in the most untouched sectors of digital market. Is this snake oil or the real deal?
Blockchain is a new technology and currently not widely adopted but yet is in huge demand. So it is a real deal |
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We all know at the moment bitcoin is not a legal currency in the world and it has many political barriers but still it continues to grow for years among general public and the business world so my concern is how far it can go or how far governments and other significant organizations will allow bitcoin to continue its journey without being accepted as a legit currency?
You can State what do you think because your bitcoin investment depends on that
Bitcoin was meant to be decentralized and as long as it stays decentralized it will survive. It will go a long way because the internet will never stop and hence the bitcoin network will keep functioning. As for the adoption of BTC, it depends on governments whether they accept it or not. Even if they don't, people like me and you will continue to use it. So, as long as there are people like us in the crypto community bitcoin will survive. |
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History repeats itself  My intuition says me that bitcoin will reach a height up to $10k at the end of this year. Albeit it is not necessary that what happened all these years shall happen this year too. Last year was an achievement for bitcoin but I hardly doubt that the same will happen this year since there are no positive news about BTC this season. If there was to be a bull run, it should have been started by now but it didn't which indicates that bitcoin won't show much growth during the 4th quarter of this year. |
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With the disagreement and resignation of profilic members of the UK government
Though Significantly,I can't say or draw out what will be the case
Well, I believe that Brexit will result to shakes on the bitcoin crypto market flow
Then,Will the best deal for Britain affect the bitcoin market flow?
What the below person said is quite true. How (and why) should a country leaving the EU have an (technology- or financial-based ?) impact on bitcoin ?
I don't see a single scenario where this would have an impact. Even if there was a specific political change which would affect bitcoin, those impacts would only be temporarily.
A small country like the UK can't have a big impact on something which runs all around the world (e.g. internet, bitcoin, ...).
I would be glad to hear your point of view - why and how the brexit could impact anything regarding bitcoin.
In fact, I think that this should benefit bitcoin now if UK plans to have a of their own. If people in UK wants to transfer money to people residing in Europe then they will need to exchange the currency which might be a burden. Bitcoin could be used here as a savior. Just a possibility which is hard to happen. I don't think Brexit will make any huge impact on bitcoin and if you think does then do share your opinion. |
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Actually, im kinda trilled to see what it's gonna be in the future cause it's gonna be something for sure. Bitcoin was some kind of ancestor to all the List of upcoming ICOs to be released. So you can join that wonderful journey. There are only two possibilities I can think of which is going to happen in the future and both of them are actually pretty thrilling. First being the possibility that huge adoption will take BTC's price about 10x times more than it's ATH price - Thrilling isn't it ? Second being that no adoption will eventually take bitcoin's price to a few hundred dollars - Shocking as well as thrilling. I ll definitely be thrilled to see the second possibility happening as it will truly be an epic journey if it happens. |
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The list might keep on going if you ask such questions There would be so many things every crypto enthusiast would have heard about bitcoin. I have myself encountered a few situations where people called bitcoin a scam, HYIP, ponzi, MLM(like seriously ? those guys don't even know what BTC is and they call it MLM ) If you keep adding all these statements, I am sure the list would cross hundreds of statements. |
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We all have heard about the hacks on many exchanges with millions of dollars being lost. Despite this many exchanges still haven't improved their security. ICOratings.com published a list of exchanges according to their security score. - Coinbase pro has scored the highest with 89/100
- Okcoin.cn is placed at the bottom with a score of 15/100.
Cryptocurrency has changed significantly since the inception of Bitcoin, but the number of security breaches on exchanges remains unaltered. https://news.bitcoin.com/54-of-cryptocurrency-exchanges-have-security-holes/Which is the reason why we should not put all of our money on exchanges. It is best if we store our coins in private wallet rather than on exchanges and use them to exchange the coins only when needed. It might be a turn down for traders but then if we store our coins on different trusted exchanges, chances are that we will be safe to trade. This is the reason why experts say that don't put huge amount of money on exchanges for a long time. |
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Mass adoption is what most of us here are waiting for. That can be the only thing that can take bitcoin to the moon.
Big tech companies, industries, hospitals and universities using bitcoin as a payment mode will lead towards mass adoption of bitcoin.
It will only happen when the news, politicians, banks and governments stop accusing/abusing bitcoin for what it is.
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It's good to know that you started from scratch and are achieving growth slowly but steadily. That is what a person needs.
I have been doing this since the beginning and have also taught my friend the same. He followed my path and is leading a happy life.
Though this bear market has not made any profits for us we are still hoping that the amount we are making will return us good profit when BTC spikes.
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Most critics of cryptocurrency always point out that the currencies cannot be used for payments in real life. Recently, XRP are now used for payments in three companies. I become optimistic on altcoins when I knew this. Share your thought on Altcoins as payments below. XRP has been in the move since the beginning. It has been partnering with various banks in order to be used as a payment platform. Several banks since then have adopted the XRP technology in their platforms. It is also undergoing further development which is why the market is filled with positive news for XRP. This is the reason why the price and market cap of XRP has been increasing lately. |
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You are right where you say that a trader needs to be able to take out the profits in a bear market in order to be a successful trader.
A bull market is good for a short term trader and I believe that a bear market is good for a day trader. I see people saying that day trading should not be done in a bear market. I see price swings up to 3% and sometimes more on daily basis. I believe this opportunity must be used well for day trading.
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The first rule of the crypto market is "Never expect anything from it" . If you expect anything to happen (eg: Hope the price to go up) it probably won't happen. Last year the price spiked up so high because of the price surge that took place because of the positive news which lead many investors to invest in BTC. It was obviously a bubble if you look at the price charts. There are no such big news for crypto this year and hence I am least expecting the price to go high or rather I would say I am expecting nothing from it  (still hoping something magical to happen and price goes up) . |
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It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
I do agree to your point but only to some extent. It is hard to believe the news these days since politics and biased information is spread everywhere Hence, believing in news is not a wise thing to do as it may result in severe loss due to manipulation of information and price. We should have the skills to identify whether a news is actually true so that we make the decision to invest respectively. |
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The majority of experts are sure that crypto is a new technology that doesn’t have enough minuses to be killed with outside influencers. But I consider that there are a lot of dangers for crypto that could make problems and these are: so high popularity of crypto that takes great investments; anonymity of crypto opens new doors for doings; crypto takes a lot of time of work, etc. And these reasons are very important to be ignored, it could be enough to kill crypto with governments. Don’t you think so? Or maybe you have another variants, let’s discuss this .
so high popularity of crypto that takes great investments It is not necessary to make big investments as you can whatever you want in crypto as the cryptocurrencies are divided into so many units. You can even invest about $1 but then you know it's not worth it. anonymity of crypto opens new doors for doings Those "Doings" happen anyway whether or not crypto is there or not. Hackers/Scammers eventually find a way. Although I accept that cryptocurrency acts as a catalyst to them for these things now. crypto takes a lot of time of work Obviously it would and it should. It is not a get rich quick scheme . |
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The amount of money bounty hunters make differ from time to time as the consistency of projects launching is not the same every month/year.
Last year was bang for bounty hunters as many projects were launched but this year you can see not many projects were launched. The reason behind it being that most of the projects launched last year were a scam. Some projects make you good money while some don't and hence the amount of money a bounty hunter makes keeps on going up and down every month.
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This is exactly what I think as well but you know right, most of the people who trade crypto pair it with USD or fiat of the respective country and not to BTC. I believe the reason why people don't pair it with bitcoin is because they are in it for short term and not for a long term. If people were in it for a long term then they would surely see the profit in BTC. I believe in bitcoin which is why I see how much profit I have made in terms of BTC which will make the overall profit in fiat even more when BTC's price spike high in the future.
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Good to know the real meaning of HODL finally. Until this point I was just assuming it as Holding the coin. I also thought that it should be HOLD misspelled but then I also wondered how come everybody is using the misspelled word. Now I know why. I have been holding bitcoin since a long time, spending some on myself from time to time. It has been an amazing journey yet and I wish it continuous the same for long.
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Isn't this should be obvious considering the fact that there is billions of amount of bitcoins held by the people of crypto community and most of them transact it from one address to other ? Or am I missing some info here ? Anyway it is good to know that the volume is more than paypal and visa. This gives us a hope that Bitcoin might some day become a real world utility and might be legally used all over the world. |
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Although the bearish trend is not continuous, the price of bitcoin is still rising slowly and steadily. The price has certainly increased so much from the all time low of the year. The increase in price is still so much than rest of the commodities and assets. I believe that even if bitcoin's price doesn't increase any further it will still be a significant growth from its all time low and hence the potential of BTC is still good for the future.
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