These dips are good for two reasons
It allows people who haven't invested yet to invest
It brings awareness to the market, growing the potential investors
the decline in bitcoin prices is currently very profitable for investors. many people are trying to invest in bitcoin because the price of bitcoin is falling dramatically, they hope one day bitcoin will rise even higher.
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if the Internet network is problematic it will have a big effect on bitcoin. people will be hard to send and pull bitcoin, bitcoin trade will be paralyzed. chances are people will be back using paper money and gold to store wealth.
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This is just pure nonsense..... Bitcoin doesn't need any of that due to the massive marketing on newspapers, news on the television etc The only reason why bitcoin is dropping are the problems that come from China and South Korea that are causing FUD. Bitcoin price was always affected by these kind of things. Once we pass this phase most probably people will come back and price will go back up to new all time highs
my opinion is same with you, bitcoin down because china and korea. i heard the news of korea will also prohibit bitcoin in his country, problems like these that often cause bitcoin prices to drop dramatically.
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Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
I agree with you, bitcoin will not die so fast. now only the bitcoin price has decreased but the bitcoin will rise again. I do not think I should be afraid of this situation because bitcoin prices will soon recover.
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now many people are taking advantage of this situation to invest. many people are investing in bitcoin and altcoin because the price is down. if anyone sells their bitcoin it will lose money because the price is down.
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VISA recently ordered to banned all BTC debit cards. Currently banned cards: Bitwala, Cryptopay, Wirex, and TenX and xapo. I am personally a XAPO user and got following email: "Dear Cardholder, Yesterday, January 4th 2018, the Xapo Card issuer Wave Crest Holdings, Ltd. was instructed by VisaŽ to close all cards of its VisaŽ programs effective immediately. Unfortunately, Xapo did not receive any anticipated notice to prepare for - and have our cardholders prepare for - the cancellation of our Card program." A very sad day this is bad news for bitcoin and all debit cards on bitcoin. all altcoin prices will drop as all debit cards in bitcoin are banned. I am also sad to see this situation, many people who lose because their debit cards can not be used again.
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in my opinion bitcoin prices will recover but it takes a while. bitcoin prices start to fall already a week, everyone is always praying that bitcoin prices rise again. other than that there are also people who take this opportunity to invest.
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the price down now is the right time to buy and invest in a long time, then you will get many benefits. and you will not regret having made this decision.
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I think they will eventully allow it but will end up putting lot of redtape on it make it harder btw all the more reason we need decentrilized web
hopefully they soon realize this, that because the decisions they make will make other countries much more developed in comparison to their country.
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The Chinese authorities will block all platform for cryptocurrency trading.
Previously, China has closed all major cryptocurrency exchanges under the jurisdiction of the country, however, according to the authorities, this is not enough, and they plan to block access to local and offshore platforms that allow for centralized manufacturing. It is reported Bloomberg citing sources familiar with the situation.
Last year the authorities decided to close the cryptocurrency exchanges under the jurisdiction of the country. However, she was recently seen increased activity on alternative venues. The sources Bloomberg did not specify how the authorities will define such platform.
this is bad news for their people because their government has banned the exchange of cryptocurrencies, hopefully they find a way out to overcome the problems they face now in their country.
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was it a good idea to sell all my ripple for neo?
you should be a little patient because the current price decline does not last long, soon the price will return to normal, do not until you regret because it can not wait and the price of some of these coins will soon rise after some time again.
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I think this is because China and Korea forbid bitcoin in their country to impact the price of all coins. like never before but you do not have to worry about this happening just for a while just will not last long.
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I missed the dip the other day and am wondering if I should hold out for another dip or if the current prices are still decent. Mainly looking at litecoin and etherum. I also need coins regardless so I can exchange for other altcoins.
Prices are almost as low as then. While you wait, it can start going up. Dollar cost average your investment. Don't go all in at once unless you're really lucky now is the right time to invest because bitcoin prices have gone down a lot, this is a great opportunity to invest in order to gain more profit.
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Sia coin has achieved a significant pump in the last few weeks.... what will happen at the end of 2018.... will it be the next bitcoin ?
I think siacoin is good. maybe SIACOIN will return to the list of top 10 coins in coinmarketcap. Next bitcoin, please don't joke many coins called next bitcoin and result is shit I think this coin can not compete with bitcoin because as far as I know until now no one can compete. although we previously thought that btc would be rivaled because the price went up but it was never proven.
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I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that
why are you so desperate to do it all.? I think that's something you have to think about more mature again, so you do not regret it.
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Of course it can, because bitcoin can be converted into a real currency. we can exchange bitcoin into real currency on bitcoin.co.id and there are many sites where bitcoin is converted into real money.
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in my opinion it is not easy to destroy the bitcoin system because crypto currency is a technologically advanced currency. I think destroying bitcoin is by destroying the internet network but it is very difficult to do.
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Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say. There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
bitcoin is currently very expensive because the amount of bitcoin has started to be rare. if you have bitcoin, then you are very lucky because if sold then you will get a lot of money.
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there are many ways to get bitcoin by way of buying bitcoin directly, besides we can also get bitcoin by joining bounty campaign but it takes a long time.
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if the personal key of the wallet is lost then you will lose the entire coin in it. losing a personal key to a wallet is a very fatal mistake, for me it's a huge loss if in it is a very valuable coin.
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