Some of them already banned Bitcoin transactions, for example South Korea. So i think most governments still don't know what to do with Btc and somehow they assume it's a threat for themselves.
No, What ?  ,Who said and what are you reading ? Bitcoin transactions are under observation and they might bring some regulations regarding taxes system for bitcoin but they are not going to ban bitcoin after all they were so supportive for bitcoin in the past and also people were giving reference of South Korea how they have manged to expand bitcoin in their country. South Korea plays a vital role and they also earn much revenue from this system if introduced taxes and will never ban a stuff which helps them to earn them so much revenue. The governments which are truly for their regions they will never create any hurdle in the way of its progress and I am bit sure that banks are now on the ending stages and people find bitcoin which is much more reliable than investing into the banks and more of it bitcoin will also wipe out cash because people are now much more attached to the bitcoin because they know very well that this cash will not give them much. The current monetary system can provide us the ability to use money without internet, we do not depend on internet to connect our wallet, bring paper money instead of credit card, this is the solution and best function of current monetary system while Bitcoin can not provide for us. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
It may be possible that some other cryptocurrency can replaced a bitcoin one day but we cannot predict what is going to happen in the future. If bitcoin is showing an amazing growth these days then i think it will be impossible for other cryptocurrency to replaced it. Although ethereum is also making a progress , it has a long way to go to be able to reach the growth of bitcoin. In present, there are many altcoins can replace Bitcoin in the future. Bitcoin Cash is the current best candidate, because a devs of Bitcoin.com transfer his Bitcoin to Bitcoin Cash in past days. That is the reason made the price of Bitcoin decreased. |
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Bitcoin is just a normal currency like fiat is. Just in another form since transactions done in blockchain is far way better than the usual money transactions.people start looking for profitable investment in a short time. if bitcoin be like gold I doubt bitcoin will have a lot of users.But several people get inside bitcoin because its huge volatility.
Bitcoin has passed Gold in the value, the result is the Bitcoin price increased more high price within short time. Just in this year, Bitcoin has increased x20 in the value (from lowest price to highest price). I think it is enough to overpass Gold. |
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Many altcoins has the potential to grow in the future. And go head to head with bitcoin. Like ethereum. Ethereum is slowly but surely rising. But it will take sometime before it will happen.
I would not only focus on Ethereum, if you will check the https://coinmarketcap.com/, you can find a lot of good coins to invest. It's better to diversify your investment so you can have a chance to benefits of the growth of the others, and also it's a good way of minimizing the risk. As long as you know how to manage your funds, you will be profitable in the long run. Management the capital is the most important before investing anything. Honestly, if you can manage your capital, you will not have high risk in trading, because you understand when you should invest or withdraw to keep safe your funds. |
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It depends on the majority of factors like your selection of gold coin, your self studyregaring ther project and white-colored document and also the team behind the project. Not all ICOs are bad nor all ICOs are great. Some ICOs can produce huge income because of viability of their task and some will not provide you with something if their task isn't environmentally friendly in long run.i d
I agree with your point. However, in these days, it is hard to find a good ICO which can give us a really good income. As you can see, most of the ICOs have fail and they can not give us a good income like they promise. Beware while investing in ICOs. It is not as good as it used to be anymore. Moreover, Vitalik Buterin has already claimed that all ICO will be dead in the future Not all, if he said all ICOs projects will be died in the future, it means his project created will be also died haha. You have to know Ethereum is also an ICO project in few years ago. You should read the history growth of Ethereum again, it can helps you know where is the begin of Ethereum!  |
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SIGNATURE
Bitcointalk username: ButtCrack
Forum rank: Sr. Member
Starting post count: 382
Telegram username: ButtCrack
Bitcoin address: 1NbidtiHvzkQbnDi6H8xBJET8rDHzpb2rY
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Its true bitcoin is a digital currency. We can't compare it with gambling. Maybe due to its price which is volatile and not
stable people call its gambling.Since it have no fix price and the price increase and sometimes decrease. This does not mean that bitcoin is gambling. Gambling is even more uncertain and risky.
In my opinion, every investment is a gambling, we all invest with the hope that the value will rise and then they could sell and make some profits, but at some time when investors are not patient enough, they tend to sell their investment asset when the price dwindles and make up making a loss. About the nature, you are right, investment is also a form of gambling because you invest and hope the value of something can increases. But you forget the whale and big boy will not use their money to invest normally. They use their money to control the price of anything in the market and calculate the total money they need to spend before get profits  |
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Nothing will replace gold but i think bitcoin will be able to get a higher value than gold because more people are investing in bitcoin and you can't really buy things with gold but with bitcoin you can buy anything you want.
I agree with you, in terms of value bitcoin will come out the winner because it has a fast growing user base and is easily accessable but I believe bitcoin was not made to disrupt the existence of gold which is a natural resource that is usually used as a sysmbol of wealth unlike bitcoin which had several uses such as a store of value or can be used as an alterrnative to fiat for everyday transactions. Bitcoin look like as a digital asset than a digital currency. I believe with the current value of Bitcoin, no one wants to uses it to pay the food bill or electric bill. Pay these things through Bitcoin just makes us waste our Bitcoin for the transaction fees useless. |
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Once again the price has been increasing regularly with more momentum. Today once again the price has grown high crossing $6000 getting recorded to the historical list of days bitcoin staying above $6000. This time possibly possibly the price will stay above $6000 for a long time taking it to reach $7000 which is the new barrier.
Bitcoin itself will break it ATH again and again. This upwards trend will continue until the segwit2x, as I guess. Thank you Bitcoin for reaching another all time high. Only BTC will be legitimate investment. Well it's no surprise to some of us who have always kept faith in bitcoin and i guess we are all proud of this value attained. It will definitely translate into enhancing our finances as investors even better in the future as it continues to grow. Important, there are many people doubt the current price of Bitcoin. You need to know the price of Bitcoin has pumped a lot percents from earlier this year until today. Honestly, Bitcoin price really crazy because it can pumped x6 value just in 10 months. A huge market is unlike small market, but its value still can controlled by the whale. That is why the regulators are so afraid of this price increase. They want to control the currency and to gain the profit from it. Because they are just seeing the millions and billions of dollar turnovers and they can do nothing and they suffer from it..) They want their piece of pie, but they do not know how to take it. So, they are jealous and want to restrict all actions with crypto currencies and take under control, when they know how.. Nope, actually, the total market cap of Bitcoin is nothing with the government. They are rich and can cooperate to control the price of Bitcoin, but you have forgot the Bitcoin function can helps the business evade tax. If they accept Bitcoin but lose the benefit from taxes, ban Bitcoin or limits it will be better than accept it. |
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Yes it can happen. Bitcoin, just like any other digital currencies, is volatile in nature.
There have been several sudden downpours in the value of Bitcoin, including the recent 2K decline, but eventually it goes back up again.
I think its important that you learn about the 21 million cap of Bitcoin and its potential for deflation.
Anything can happen in future. You never know what exactly is going to happen in the coming days. As far as I think, the way bitcoin is making progress and is earning this much of fame and reputation, it is really a difficult thing for bitcoin to lose its value. In fact, it is just the start of an era of bitcoin. Bitcoin will keep on gaining more reputation and its value will increase with each passing day. Limits of fame in Bitcoin are very small, you can see just a bad news about the Chinese government banned the ICO's made the price of Bitcoin dumped below $3,000 (an unexpected price). So, I think Bitcoin is also a bubble, anything can happen, Bitcoin can also breakout its bubble soon. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
that's impossible in my opinion, Bitcoin being obsoleted and to be no more used. There are other coins namely altcoins that has potential with a high rate of the increase of their market value but Bitcoin has a large community that generates a high market demand. And that I think, is its biggest weapon for it to be more succesful on the next years to come. It could be but that cryptocurrency must probably have a different technology better than the blockchain and present better features than the bitcoin forks around or so called altcoins. I don't think they can really compete well against the bitcoin if they aren't innovative enough to draw a lot of the bitcoin market volume away. Actually, the reason made Bitcoin always attract more investors than the altcoin is by its value. The price of Bitcoin is higher than other cryptocurrencies, so, in the opinoin of newbie, they think Bitcoin have potential than altcoins. It created the rule for the cryptocurrency market, Bitcoin always top 1 cryptocurrency |
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Until now there has been no official state using bitcon, this makes bitcoin development becomes obstructed, moreover there are many countries that officially banned bitcoin, if there is assumption bitcoin replace dollar of course this will be difficult happened in a short time, and maybe need at least 50 years to replace dollar.
Bitcoin will "never" replace dollar even there will be like 50-100 years to go then it will not be enough for bitcoin to replace dollar because dollar is a currency that is already here in our world even we are not yet born and dollar is unstoppable because it is being backed by the government and the government will do anything to not let dollar disappear. Why does Gold replace by Dollar? You have to know in the history, in few centuries ago, we did not use Dollar or any currencies for the world's finance. All things calculated and converted to Gold, Silver and Bronze. But, after all, currently we are using FIAT and Dollar has replaced these assets  |
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Bitcoin is changing the way we live. Bitcoin is changing the way we do business. Bitcoin is changing the way we travel and save our assets. Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties. What do you make of this, huh? Share with us what you think. thanks He does not change anything, people only and their perception. The usual next virtual currency, which you can play with, and with a very good coincidence, get a small profit. And now I see stagnation in the crypt. I think the era of virtual currency is also gone. The next trend will be the digital currency use the Blockchain technology with management from the government. Of course, until the government can create this currency, I think Bitcoin is still a currency has high price and strongly at now. |
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Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
That's the problem the new ICOs today are facing. People who are joining ICOs or airdrops don't have the patience. Once they received their coins or tokens, the first thing that they usually ask is " WHERE COULD I TRADE MY COINS?" which is very disappointing especially on the part of the coin developers. People seldom look at the purpose of the coins they are holding which makes the coin useless. The worst case is that they sell these coins immediately, resulting to a price fall in the course of time. This is one of the disadvantages of day trading. How I wish people always look at the success of the bitcoin. There was even a story about a man who bought 2 pizzas for 10,000 bitcoin (REALLY!!!). That should serve as a lesson to noob traders today. Do not immediately sell your coins. altcoins worth the wait. I totally agree on this, the reason why people easily exchange is that they can't appreciate the project and its purpose. I think airdrop should be given in selected people who has really knowledge and interest on the project. The problem with this is that airdrop can be easily caught by anyone. But on the other hand, ICO must be really potential for growth so that investors will not easily put it off. The need for more serious and knowledgeable coin holder is a concern to remove this disadvantage. Airdrop is one of field I never want to join once. First, it is unreasonable when we can earn a lot of money without spend anything. Especially, there are a lot of cheaters can take advantage the rule of airdrop to get a huge amount of this token. Just 2 reasons still enough to make me never want to join it. |
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Altcoins will only progress if we do believe in their capacity to deliver what is necessary,we cant deny that bitcoin dominated the wholeness of crypto coins.but without the alts competition wasnt indeed so how can the crypto grows with only single coin on process.so i do believe in some altcoin because most of the alrs that coming now is scams
The Bitcoin price will not reach to high price as now if the altcoin market did not pump and create the mega bullish market earlier of this year. You also knew the altcoin market have created a trending on the world. Too many people became the traders and investors, then they use money to buy Bitcoin for trading altcoin. That is the reason the total capital, trading volume and total market cap of the cryptocurrency market always increases. |
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In my opinion, bitcoin is still going up, because we know that bitcoin can now be said to be very popular. Although bitcoin prices are not fixed or up and down, but I'm sure future bitcoin prices will increase. I hope, The more people join in bitcoin, the more the bitcoin price increases.
Bitcoin doesn't have any direction to go, the only direction it will go is through upwards. There are some scenes that we will see it go downward but that is just the normal way of how to make the economy of bitcoin balance but in the end of the day the price will still go up. Definitely, mire uaers attracts in crypto and the first way to engaged on it is to have bitcoin to have some alts,and bitcoin is the future so it will goes upward until it reacch it's supply. I can not understand your said, do you mean the price of Bitcoin will be high by it has limited total coin supply? But, you forget an update in the Bitcoin system. This system can clone to new coin through the hard fork and the ability of clonned coin still can support the transaction from Bitcoin. Recently, there are many people used Bitcoin Cash to replace Bitcoin transaction because the time confirm. |
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I would say only 5-10% ,
You have the funds to trade and invest on bitcoin but you cannot risk a major proportion of salary in it . If you are an expert in trading then you can investing a higher percentage but if you are new to it then i suggest you to start low key .
Trading needs a little experience and tactics to know whether the trade will be beneficial or you will end up getting heavy loss.
Divide 10 to 15 percent of your salary to invest into bitcoins. Try to buy more bitcoins if possible as the price will keep increasing. You would surely get benefited from bitcoins. plan accordingly. In my opinion, 10 to 15 percent of your salary is a lot of money, because you can not take profits through Bitcoin every day as your job. Therefore, I think 5 percent of your salary will be good. After one years, you can have a lot of Bitcoin in your wallet with low risk. |
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I'm only worried about all the Bitcoin forks. It is confusing to new people and deters new people from entering. Also the forks seem to have killed the momentum in the entire cryptospace. Since crypto lives on new people entering and momentum, forks are proving problematical.
No coins are dying . It will increase all the time. And people will benefit by investing here. That's the best way to get early gains. I believe that if I work here, I will get something especial very soon . Why not? But it does not mean the altcoins market are all dying at the moment. You can see too many altcoin have dumped and still keep around lowest price as SC, ETC ... However, currently is the time need you can be patient. Or you can take loss if you want to invest in other fields |
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My Best Forecast so Far! Target 6800-8400 per 1 btc Current price 4844 Stop Short term at 4723Which gives us enormous profit factor of 23HOT OCTOBER, feel the magic. #11simple fx prices The October rally has been successful. The pricing broke the $6000 mark but I don't see it reaching $7000 this month. Still the pricing for this year has been so good. I believe we will reach those points this month. It's good to buy btc anyway, as there comes HOT NOVEMBER NEXT. If you are sure the price of Bitcoin will be hot again in November, why do you not change the title of this thread  ? I think it can be useful and do not make the moderator of this forum lock this thread and helps can follow the price of Bitcoin and have some speculations at here. |
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Investment is usually done on a long term basis.Once you make an investment,then you would not be able to withdraw your investment until the maturity period.Investment is not affected by short term fluctuations.Usually,risk is low in investment and hence,profit is also low.
Trading is an act in which we buy stocks or coins either in a long term basis or in a short term basis.Usually altcoins are traded in a short term basis and even day trading is done in which trading is done more than two or three times a day.Here,we have full control over our money.Risk is high and so,profit is also high.
There is a huge difference in between both the things. Trading can be considered as buying and selling of different kind of things like that of different coins. Trading is indeed a very profitable thing but at the very same time it is very much risky too. On the other hand, investment can be termed as investing your money in any kind of business. You can earn a good amount of money by investing your money. And you do not forget the risk of investment. Just see the profitable, in someday, the cryptocurrency market will make you lose a huge amount of money. Even, you will never have chance to come back the market because you can not recover your capital. Profitable means there is risk. |
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