Everyone has right to their opinion, Just like I see Bitcoin as Gold another person might see it as a bubble. Okay
It is true that everyone has right to their opinion, but their opinion should make sense and have logic. You will see random people ranting without being logical. All they speak is shit through their mouth. Before someone gives their opinion, they should know what they are talking about and have some knowledge about the topic they are speaking about.
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I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto?
Yeah one get actually get addicted/obsessed with crypto trading just like gambling. But you can't compare this addiction with heroin or any kind of drugs. More comparable to gambling. And him jumping off the window was a case of emotional instability. Emotions took over his life.
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I would say ETC and LTC still has a tendency to rise further more. You should add ripple/XRP because of all the hype it is receiving recently. IOTA and waves aren't a bad choice either. They do have a very good chance of going upwards with a burst.
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Getting obsessed and addicted to anything is not good for health. They end up negatively damaging the body. It is ones responsibility to be not obsessed with things. Same goes for bitcoin. You can't compare it with heroin. If you think you are addicted to bitcoin like heroin then you should get help and stop obsessing yourself for bitcoin.
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Mad because : 1. They can't afford bitcoin. 2. Too late to the trend, they are jelous of peoples who get into the trend long before them so that those peoples earn more than them. 3. They want to make peoples leave bitcoin and chose other digital currency which they have bought with the intention to raise its value, greed are disgusting when are too much that you do anything to get what you want. 4. Etc you can think of.
So don't mind those peoples, only sell your bitcoin or buy it when you see profit.
Affording isn't one of the main cause of them hating bitcoin . Anyone can afford bitcoin. They can buy fractions of it. The main reason why they bash bitcoin is due to lack of knowledge. They think that bitcoin is some kind of scam related to ponzie. More like a scam scheme where early users get benefitted and the late birds suffer the losses. They have no clue about how the technology actually works.
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Nope , litecoin will not die. Even though the creator Lee sold his coin, this does not mean that litecoin will die. Only the price might fluctuate negatively during his dumping of coins. But this hasn't happened and there is no way to proof that he actually sold his coins.
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It has slow transactions and the fees are high, and it is the cryptocurrency frontier. What do you think will realistically will take Bitcoins nr1 spot in the future? Bitcoin Cash maybe? Bitcoin has its own advantage. It is the first cryptocurrency to be made. Other coins were from based on bitcoin. The transactions are indeed slow with higher fee but it will be solved. Just waiting for the lightening network to be implemented. We might see some drastic change. And bitcoin also has a strong community which is holding the coin in number one spot. No, bitcoin cash won't take over bitcoin.
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My favorite upcoming ICO Neculus Vision. I am really excited to see how the project goes. A lot of hype is around this ICO. The whitelist was closed for this ICO so that means a lot of people who wanted it did not get in. Luckily I go in early so that is a good thing.
Honestly speaking, I think most of the ICO are successful due to "hype" only. After the ICO the project dies along with the hype. They can't even provide us with a working platform. Just a new form of scam and nothing. That is just my opinion over here. I hope regulators and authorities come down hard on those shitty ICOs.
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Nope, I do not think that bitcoin cash will replace bitcoin in the future, but they both can co-exist together without conflicting or creating any issue. Bitcoin cash just has a bigger block size than bitcoin. If you are considering that block size has made bitcoin cash superior than bitcoin then you are wrong. Do keep in mind that bitcoin cash is more centralized compared to bitcoin cash.
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Hi, It seems BTC is going to crash again. When compare the btc charts in the last several years, it is common to crash in late Dec and January. Is that happening again? According to the price action, btc dump possible at this time. Keep watch btc.
History does repeat itself, but do keep in mind that bitcoin does not follow the traditional market laws. The price might do down in late december and january as there are people who would like to get out of bitcoin and sell away their coins to cash out their profit. But I guess the price has already crashed and we can see some stability. The prices then tends to go higher after few weeks of stability.
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We all know that today is modern day and almost all people already using internet around the world. Do guys have any idea that someday bitcoin can transact offline? I was asking this question because i have some friends out there who still not yet using internet until now.
Nope. This is not possible and I don't think it will ever be. All transactions are to be made online. If both of you are offline, how will the two users, the receiver and the sender connect? How will the transaction take place if no connection is created between the two users? How will the blockchain update and your transactions be included if you are offline?
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What you said is totally absurd and never going to happen all of a sudden. Even if it does happen it will happen eventually. Not all of a sudden. After the price does reach its least value, more people will start to invest since it will be more affordable to them causing the price to rise back dramatically. Same goes for the price rise. People will start to cash out profit causing the price to fall.
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As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
With current situation, I don't think it will be happening. Look at the price volatility. Its soo unstable that it changes within every hour. Scalability is another issue. Network is very congested and takes hours to confirm transactions. Lets not forget about the fees!
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You should measure profit based on bitcoin, not USD or any FIAT when trading. But if when cashing out you should think about FIAT/USD. The price fluctuates a lot so measuring profit in fiat is absolute. But it depends on peoples preference. Some people likes to measure profit based on fiat, so if they do make more btc they end up with less fiat due to price fall. The vise versa applies too.
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Right now the market is completely is completely unstable. We have seen price you 10 times higher in few weeks but the prices are not dropping which was very much needed. Ripple is right now stable after the price rise and hasn't fell yet and is going around $1.2 each. Or you can try investing in top coins which should be stable for now.
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Hi!
I just wonder if it will be another drop before the years end?
I missed the chance to buy coins yesterday :/
What drop are you talking about? There is already a drop going on. Bitcoin dropped around 40%. Look at the market! All most all alt coin has dropped by its value expect for Ripple. Now is your perfect time to buy your desired coins and hold on to it.
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Actually I am glad this happened. They was a much needed drop. People who invested earlier has now cashed out their profits. Now others are getting their chances and we might be able to reach a new all time high with more stability. And don't forget, we have also seen a 40% crash on September but the price did recover soon.
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hi, i am a noob. wanted to buy but high prices scared me. now it's down and it scares me too. do you think we expect a comeback soon or even bigger drop?
The price might drop more soon, but won't be going down below $10,000 as far as i believe. You should start investing now. Keep investing and the more the price drops the more you should be investing in lower rate. This will minimize your total loss if you make any.
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If you meant why the price if bitcoin versus dollar is very high, then you answer is demand. As people more people are now interested in buying bitcoin, it has created a high demand. With the increase of demand, the price also increases. If you mean the fee is very high, this is due to network congestion. Higher fee will give you higher priority.
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How did you come to this conclusion. Everything opposite of what you said is happening. The price of bitcoin is falling (a good thing though). The central banks hate bitcoin and are saying against it. They are issuing warnings towards bitcoin investors. Most of the countries doesn't count bitcoin as a currency!
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