Bitcointalk username:  justdimin
Rank:  Hero Member
Current post count:  1441
BTC Address:  1M2EWnkjgvvJe5TrFzNHXfubGcuNifeQTy

I am not really sure if you are the owner of Lykke or you have some stake with this company but the way you have been vouching for them has really been crazy . First and foremost, you really need to hear yourself first and the centralization issue.

Bitcoin is still as decentralized as it has always been and there is no way power has been given to miners, segwit2x maybe would have but for now, No. So, get your facts straight. Secondly, you cannot expect everything to always be the same and the same satoshi designed it to be that way.

You can go back to the books to find out, so if you missed mining with your PC when the number of miners were not much then, you sure do not have anyone to blame.

Lol. For a trader before what we have now, anything around $10,000 upward was a good time to buy then.
Bitcoin is now above $11,000 for a while now and it has been giving some pretty good stability for now even though I still feel anything can still happen to make it go lower in few days to test support.

Once you have a strategy to trade, you can sell when you feel it is right. I sold at $10,890 and bought back at $9100 and that has made some pretty good profit for me. Right now is to see the turn of events from here.

Right! That is one question people will always keep asking even in the long run until probably bitcoin reaches its peak which no one knows. I remember early this year when people were asking the question you stated and looking forward to a crash from $1000 only to find out that they have messed up totally and still, ended up not buying till now.

This is an investment and anything can happen, waiting for some perfect moment will always make one to miss the present one. People who are smart and have the bucks to buy still do every day, while those who do not, find ways to earn.

History right ? One thing we have to understand is that BTC of last year is not the same as BTC of this year as the market has really matured and I am sure everyone can see that. In fact, the China FUD says it all compared to 2013 during the MtGox issue.

If we want to be comparing history right now, there are so many factors we have to be looking at, and I am not sure we can have those huge crashes anymore.

Well, there is nothing much Government or Central Bank can do at this stage than to just accept the fact that the craziness of the crypto world has begun.

You think they themselves have not seen this coming even though they tried all their best to see how it can be stopped. This is globally unstoppable and whatever happens at the end, they will just end up finding a way to regulate it. 10K to 100K though, that is a huge one.

We already have a major correction and it seems the best time to buy bitcoin is now. I feel most times people think too much when it comes to buying bitcoin even when they are holding for a long-term anyway. Now that is recently corrected to a little bit above $11,500, people were still asking if they should still buy or not.

It is crazy though cause humans can be naturally greedy. Like you said, it is just a matter of time and soon we will see a huge increase.

Yeah, everyone would really want that but of course, like you said, that would be extremely risky as any program like that willing to kind of increase someone's bucks would rather be tending towards HYIP schemes that would not last or something related.

As for me, trading to increase what I have and also working some other side gigs is good enough to keep increasing what I have. Every other thing can come later like traveling deals when I am sure I have more than enough.

Lol, day trading is like one hell of a risky type of trading, and honestly, getting jumpy is even an understatement.
It is something my heart cannot even bear. They would have stopped beating from the level of palpitations I would just keep having.

I am just very cool with position trading of alts for now and selling at a huge bull run for BTC and buying back at corrections. The patience is good enough for me, but day trading? Not my thing.

Trading is really very tough. I was one of those who rushed into trading at first thinking, Oh! It is all about reading the charts and seeing what has been happening before and with that profit is imminent. I got into trading and I ended up losing so bad.

Luckily for me, I do not give up easily and then I started searching for some of the things I did not do right, which should have been the first step I should have taken before starting to trade. I wish I did, and I would have been making some bucks right from the start, but after learning, I got it all back and doing pretty well right now. Never miss the learning phase.

So far so good, I will say it has been extremely beneficial. Luckily for me I entered the trading profession without the feelings of trying to do it myself. I knew there was so much to gain and doing it well is what counts which I made sure I hit the books first and decided to learn as much as I could without rushing.

It started all well and I am happy where I am right now. Some mistakes happen once in a while, but I learn from them, but not something too much that the profit I get cannot always take care of.

Yes, bitcoin is gaining huge popularity each and every day and that is giving it a serious bullish push and without doubt it would keep giving it further push as we enter next year. I would not really say most people really have the full understanding of bitcoin and which is why little spikes like this have been followed by huge drop in price as a result of FUD.

A lot of investors these days with the speculations going on are seeing bitcoin as a means of investment and that is all they know without even considering the risk.

And that is really what is making bitcoin even more interesting and really making a lot of users from the developing world and third world quickly want to be a part of it to improve their living standard.

The fact that bitcoin has really helped a lot of freelancers most especially, in getting paid easily has really been a good one for most people and that is causing some spread in most of these countries. Bitcoin is not where I am really looking forward for it to be in my country yet, but so far so good; it is not that bad either.

I really wonder. Dollar falling in value does not mean China will just impose Yuan on every country globally to start making use of Yuan as a global currency. Worst that can ever happen is that the value of USD will drop against other currencies which would also include bitcoin and then a lot of investors anyway would just find a better means to store their currency and get a better value for it.

You really have a lot of point there and most especially trying to invest in some coins that are so undervalued right now with some huge potential to give something big in the long run. It is not all about going all in.

The truth is that for someone who could have just put about 200USD into Ethereum early this year, would have been worth about $9000 just before the end of this year already. It is about being smart and trying as much as possible to diversify into some good projects.

At this stage, the rate of adoption is still very low and then I imagine when the time we have been waiting for when we will end up having some huge amount of FOMOs rushing in comes. Bitcoin has reached a huge ATH just in this year alone and I am not sure anything can bring it down further than it already is except for just some few corrections.

As time goes on and as bitcoin becomes even more usable for daily spending, offline currencies are going to be ignored by bitcoin enthusiasts, and as things get better, other enthusiasts will keep rolling in to be a part of the crypto world.

Yes, the last time I checked, something or an asset can be considered a bubble if it exceeds its intrinsic value.
Just like you have said, we do not even know the extent bitcoin is going to end up as and looking at the charts, we have not really had a very huge retraction except just some few corrections which are normal and totally show the support of the coin.

As far as I am concerned, the fact that bitcoin have limited supply, totally makes it undervalued right now compared to the number of population not yet making use of it and I would not consider the increase in value right now a bubble.

They really both have a huge way to go and I would not really discard anyone for one. It is the crypto world and the essence is to diversify. These are both some good coins with totally different functions and that is what is going to keep making them relevant in the long run.

Every investor should know that diversifying is really a good way to start rather than keeping your eggs in just one basket. Crypto world is getting interesting at the moment and every option should be considered as long as they are great options.

It is just a matter of time. We will just have to be very optimistic for next year. Now that it has been able to finally test those 3 digits, the correction is normal and it would still find time to get back to the top when the corrections are over.

A lot of money came into the crypto space, so now should be expected as a lot of traders are trying to make some profit. Just hold as the 3 digits would be back soon.

Apparently, the scenario A is playing out already now. Even bitcoin right now has surpassed the expectation of the first scenario and now we have it above $11,000 when even the scenario A speculated bitcoin to be around $8,000 by 2018. I guess we are in for a nice ride and with the look of things; we will just have to see how bitcoin is going to end up by 2020.

In positive thinking, I am expecting bitcoin prices to hit one millions dollars levels before 2020. Yes, I am expecting one billion level in a decade of time.