Bitcoin has a good and sustainable future as it does today with investors who continue to invest in bitcoin to make bitcoin skyrocket and so good that bitcoin can survive for how many years to come even centuries.
Yeah I believe that to as long as people keep supporting bitcoin for sure bitcoin can last even a centuries and we cannot deny the fact that many people become interested to used and invest on bitcoin because its like for them it's like an assets that can very useful for the future. |
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Hi Everyone,
I'm new to cryptocurrencies and would like to know your opinion on what best to do with my $6000.
I was initially planning on purchasing a GPU mining rig with gtx 1070s but then upon further research found that 1070s can only do 600-700 sol/s
Then I found the asicminer equihash which can do 40,000 sol/s and costs $14,800 which will be released on July along with new nvidia generation cards.
I know its a bit late now to start but I am really thinking hard on this but I need opinions from veteran guys.
tl:dr;
1. Should I buy bitcoin with my $6000 or
2. Use it to buy a 1070 GPU mining rig or
3. Wait until July for new nvidia graphics card to come out (or the asicminer equihash).
Thanks so much for all your feedback.
*Edit: Would like to inform everyone that electricity costs would not be a problem as I have a way to manage it. Considering that electricity cost is not an issue, is mining going to be profitable for me right away?
I suggest you should used that to buy bitcoin because you don't have to worry about billing concerns and the maintenance for your mining set and mining bitcoin is not profitable now but holding bitcoin is much better way because it can gain profit for long term plan. |
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Bitcoin is not bubble. because bitcoin backed by blockchain technology. blockchain technology is very unique that is going to rule the future, investors that invest to bitcoin are actually investing to this unique technology.
Yeah I believe that too and bitcoin gives us a privacy and we can store our bitcoin safely then it has a chance to gain a lot of profit and I hope bitcoin will recognize as one of the global currencies. |
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I agree with you. They panic too much and don't even read the situation. This is the problem of hypers. They just spread negatives without any proof.
Yeah those people don't think on what they say, but as a individual I think the best thing we can do is to ignore those kind of news and lets continue to focus to become success through bitcoin helps. |
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bitcoin prices are hard to predict because they are always changing and prices can change at any time, but I think bitcoin prices will be low for a long time, and do not worry because it will soon recover
I agree because bitcoin is very volatile we don't know what would be the price and I think if we have experienced enough we should know what to do in this kind of situation, we just need to hold and for sure bitcoin will bounce back and it become profitable again. |
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Ever since bitcoin price started dropping, most of the threads i see here are : is bitcoin dying?, will bitcoin go green again?, should i hold or sell? etc. I laugh when i see such threads. Every business has a window of opportunity when the market is ripe to enter. This is the time to invest more in bitcoin. Every good investor see every dip as an opportunity to buy more bitcoin and hold. The weak ones see dips and they start to shiver; selling all their bitcoins, even including their altcoins. Please community members, the way we are handling this drop in bitcoin will scare new members from even investing in the coin which will cause a further decrease in the price and the unexpected might happen. Let's have a healthy discussion about our coin even in hard times, and it will attract more people to invest and eventually pump the price again. Friends what do you also think?
I agree but we cannot blame them to feel that way instead lets help them to convince what is the right thing to do to cope up in this kind of situations and I'm sure if they truly understand the flow of the system for sure they can build trust on this great technology. |
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
You need to learn first since you are here in this forum you should read a lot of articles and you can also earn here by joining to the bounty program then if you have enough knowledge then you can start investing on crypto currency. |
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Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Well since the price of bitcoin is on dip for sure there are many investors will used this chance to buy at the low price and they know that is good for long term hold and bitcoin is made for everyone so everybody has a chance to get benefit on it. |
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One who risks nothing gains nothing. This is the principle I stick to.
Yeah that is correct if we want to become successful we will take all the risk but we must be knowledgeable also for not too lose our money, So right timing is needed on where and when to buy and sell. |
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I see many people asking for opinions about ICO investments, if they are good, profitable or not and I see many people replying it can be good or not, you must have knowledge to choose a legit ICO, to find out who are the developers...
But I would like to hear successful stories about people who invested in ICOs and made profit. Please, tell what ICOs you invested and how much profit you made, if you liked it and if you still look for this kind of investment.
I read some post about this topic and I'm hoping to become one of the successful people through ICO investment but I know there's a lot of thing I'm going to do before I able to become success but for now I have a chance to make it happen. |
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Hey guys, when did you first bought bitcoin or ether? Did someone bought bitcoin when it was 20k$?  When did you first heard about crypto? I know the existence of bitcoin last year when my friends keep talking about bitcoin at first I don't believe them that they can earn in bitcoin but when they show me the proof of their earnings that was the time I became interested then I bought some part of bitcoin when the price hit the 10k$ and when I generate a profit I sold at 18k$. |
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I think need more speed for transactions. Sometimes need wait to long.
Because there many blocks to solve that is the transfer speed is to slow so I think the dev should work on that and bitcoin transaction now has a high fees I hope the dev notice it because there are many users complaining about this. |
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I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
Every people have different opinion but those kind of article are needed because there's a lot of negative news about bitcoin now, I think they want people to have faith in bitcoin because there are many users lose their faith and trust but I believe bitcoin will overcome all the struggle and it will bounce back more powerful. |
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It's true that many hackers used to be the world, but we can also use 2FA security or we could store our bitcoins in a nice and trusted market wallet that has good security.
Right always enable the 2fa or google authenticator. Some of the hackers make a phishing site so every time we see any suspicious link better to think before we click, do not connect gadget or devices in public places because there are some hackers use this trick to get an information and don't trust anyone to know our password and pin. |
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Bitcoin prices are down and now Bitcoin prices are down about $ 7,000 compared to 2017. In recent days, Bitcoin prices are always down, and I think this year will be a volatile year. of Bitcoin and the value of Bitcoin will not be as high as in previous years
Its normal because this is part of the cycle and the other thing why bitcoin drops because of the negatives news that create FUD and it cause of panic selling but we need to trust the process we need to hold because for sure bitcoin will bounce back and it become profitable again beside we are in the second quarter of the year, I hope bitcoin will repeat history or surpass our expectations. |
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Actually some people use the name of bitcoin just to scammed other people that's why people get mad when they encountered like this but the truth is bitcoin gives a lot of benefits for the bitcoin users only if they will learned how to work on this in the right way.
I agree there are many scammers out there used bitcoin to scam people so the outcome they blame bitcoin for that but if they truly understand what is happening for sure they will change their mind and in the end they will trust and support bitcoin. |
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Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
That's right just relax and trust the process because falling of the price is normal and all you need to do is be patience and hold or you can used the chance to buy more then hold your coins wait until it become profitable. |
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Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I know this was posted way back 2015 but what happening now is almost the same, I think it is in the cycle of bitcoin because the idea how can we deal in this situations whether to become panic or hold, If we believe in bitcoin were going to hold it until it become profitable again and I'm sure there are many investors used this chance to buy more because bitcoin is very unpredictable so proper pulling the trigger is needed to gain profit and not to lose our money. |
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Every death comes with a ressurection , so it is cyrpto . It will rise again , the question is : Have you got patient?
No need for resurrection because bitcoin will never be dead, as long as people keep trusting and supporting bitcoin for sure the ups and downs of bitcoin will surpass and besides this is part of the process because bitcoin price is not always going up, so in this kind of situation we must know what were going to do patience and right timing is needed for not lose our money. |
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There are many cryptocurrencies out there, the fluctuation is wide and big. There’s a need of a coin that uses a process to stabilize its value.
No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.
Do you agree???
Its hard to predict what will happen but its very difficult task before they replace bitcoin on top, There's a lot of alts has a potential to compete with bitcoin In my opinion they cannot beat bitcoin because as I see bitcoin still the basis of all cryptocurrencies. |
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