I believe many people are already aware of the bit. And it still hesitated that if you buy a bit will keep losing it? If it is, it will be too late. I do not think I have any guidance. I just want to present many factors to see that. What is the price of bundles it up or down the day it is due to what the problem? Let's see it. The image below is a copy of the Fibonacci Indicator. I will describe the home language is. The price of time that has occurred, then compared to the future (same as the original) Okay new. Removing prices from the beginning to the present. To analyze the probability of price in the future. It sounds so much easier. But everything is just an analysis. There may be other factors involved that can not be predicted for the future. However, we know that the chances of a price going up there are possible. The Basics of Bit Coin You Should Know 1. The first is that the number of coin coils is limited to 21 million BTC. Over time, the number of BTC coins that have been mined. Or take longer to dig. But the demand for bitcole is very high. This also affects the price as well as economics. I can not add it. 2. Confidence in the price of bit coincidence of investors. It is believed that the price of a coil is unlimited. Maybe up to 10,000 Cc coin or more. 3. Using bitcoin Instead of a payment system. And person-to-person transfers. Or even international money transfers, which you will pay very little. And fast. Can you buy a house or car with a bit? Or even pay employees in the company with bits. 4. The confidence of the people. Interested in digital currency And buy it for speculation. See last year. More trading. There are more markets for trading in the country, as well as merchants or shops using bitcoins to pay for goods and services. 5.The popularity of Bitcoin. Nowadays many people know more about coin coin. As we have seen in many countries, Bitcoin is one of the investments. And some countries are trying to push the use of bitcoin can be legally spent. 6. Bitcoin's price It is independent of the economic indicators of the country. It will be seen that the news about the state of the country will not affect the price of Coyle. 7. The average Halving incident every four years is a reduction in the number of digs awarded in half. This results in less supply. 8. Independence in trading If you want to trade, you do not have to trade at the Exchange Exchange. Unlike stock or Forex, Broker must be an intermediary. 9. The key to keeping the price down is flash crash. The market is hacked. This makes it hard to trust. The history of the previous Mt.Gox from Japan or Bitfinex of China has been hacked, resulting in the price of bit fell several points. And finally, confidence begins to return. The future of bitterness affects the world. Now, a bit more is happening. As you know, the whole world is tied to the dollar. Many countries that are trying to free themselves from the mega are trying to find a way to make their own country not be struck by the economy of the Mega. If the future is good. There are some countries that have used BIT as the main currency of their own country. I believe that day. Those who are prepared will have an advantage. You may be like a dystopian, but that's about the future. But now I'm starting to see a lot of bits in some countries. There are even ATMs to wait. There are still a lot of Exchange markets with over 50% market capitalization in China, as many people know China has been cold war for years. Trying to push gold prices for a long time. The price of gold is not significant. Aftermath from Europe, many people know. I do not know what China might have been. เล่นคาสิโนบนมือถือToo late? If you look at bits as VI shares in the future fall to you or anyone in the world will have to use, I see that it is not too late. Bit is designed to be used from today until next. If you use a bit, you will know that the bit is not too late. There are many other ways to invest with a bit of profit. However, there are two aspects to study the information well. Lactate There's no such thing as too late though , but buy bitcoin today or at the low price of bitcoin and sell it high though , there's no too late you can still join the party though. Investing through bitcoin will surely give you a positive income , and a great future. Investing in bitcoin it's not late for everyone cause you are always welcome to invest in bitcoin. Investing in bitcoin is good choice cause there's lot's of investors change there life and make them successful. They buy bitcoin when the value is dip and they wait the perfect time to sell it, and they gain a high profit. |
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After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
I think that bitcoin still has a room to grow. The economy is large and our market barely touch the tip of the iceberg of industries. Hopefully, this innovation would intergrade more across different fields. I also think that it will not fall out completely since its people is very hardworking and encourages more people to continue this industry in the future. |
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I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?
To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.
Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?
The thing we should remember that not all governments are against bitcoin. We have countries like Japan and South Korea that supports the potential of cryptocurrency in the market so it will take time but I know other countries will follow their lead. I think we should have a proper discussion with them to understand fully each other's say about this industry. |
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I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
This quiet an interesting idea. But I still believe that both crytpos and fiat can exist and be used side by side in the market without people arguing over it. I don't want it to end up like PC vs Console or like Android vs IPhone. I also don't want cryptos to end up like a credit card that is socially labeled for "upperclass" people. I wish it will be common as fiat, along with fiat, in a peaceful economy. But it will take years of course. |
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This is their persspective about cryptocurrency and it is unfortunate to see about this. But I still do hope that someday, everyone will understand what cryptocurrency can really do to help us and improve our ecomy. And don't worry aabout the prices because soon enough, it will increase continually again before the year ends I think. |
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As Bitcoin mining is partially controlled by Chinese miners, I have a feeling that sometime in the near future, Bitcoin can become centralized if no solution against this is proposed. If BTC could manage to bring a solution towards mining centralization by preventing mining pools with the most hashrate to effectively gain control of the network, then it would aim to become more decentralized over the years. As mining difficulty increases and new ASIC hardware gets developed, it would make it less possible for any average user to mine Bitcoin, thus making it more centralized each day. Nevertheless, I would like to know your opinion about this, as if BTC becomes centralized, it might cause it to decrease in value, and most of all, violate the principles that it was created for.  I think it will be ironic if bitcoin or any other cryptos will be decentralized if they are originally made as a free currency. Being decentralized is an important feature because it lessens the expenses and speeds up the transactions. Hopefully, cryptos will keep improving but I like its characteristic as decentralized to remain. |
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Bitcoin's future is good, that is why I still believe and expect from Bitcoin in the future. Yes, bitcoin give us good future and I believe and trust to bitcoin it will continues serving us and give us opportunities to learn and earn to become our future is successful. |
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For me, if I would die, I wouldnt let my Bitcoins die. I would be writing it in a piece of paper and secure it in a place where they will be able to find it after im gone. Big or small amount can help, and besides what would you do with bitcoin? you cant use it in the other life
Yes, that's better idea to share your bitcoin in your relatives. Write something about your assets of what they do if your gone even it is small or big amount. I think your relatives thanks to you cause you trust them. |
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I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
I think there are a lot banks that hate bitcoin because they are paranoid that they will loss customers since bitcoin is better in my opinion. The industry of cryptocurrency mainly spreads on countries with advanced technology which is also the place with the high demand for finance. They just afraid to lose in the competition. |
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I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.
What do you think guys?
Invest only the amount you are ready to lost. So whatever happens, you won't regret your decision. Don't go overboard because it will be unwise since you are not 100% certain of what will happen tomorrow. Investing is like sailing to the sea; you don't know what is yet waiting for you in the open. There will be a lot of big fish but there are also storms and winds. |
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seeing bitcoin prices go down and up, I'm a bit frightened to buy bitcoin at the moment, I judge I could lose, do you think, whether bitcoin prices can continue to go down, or even rise high?
I believe that the prices will increase because the demand for cryptos increases as the holiday seasons approaches. The drops of the price value of bitcoin is actually the good times to buy bitcoin and start a new investment to further maximize the income of investment. Don't lose hope just because of sudden drops because the fluctuations cryptos is the one the makes it unique and investment-worthy. |
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Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet and also before that another 20 btc was vanish
he says he dont even know how this happen.
pls how can I escape this.
In every industry, there are some people that try to take advantage and ruin this friendly community. If someone says that they can double your coins and asks for your wallet account's information, that will be the time to doubt. Don't trust someone especially if the offer is too good to be true and never reveal any information that may lead an access to your account. |
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I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Bitcoin clearly created a legacy in this world and will still be around in the future. Hopefully, all other cryptos can also be there so we can variety of new and practical ways for finance. This currencies have proven themselves in many times and facing all their issues to be better. Being better in order to help us and guide us to an improved and functional economy in the future. |
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bitcoin has many technological limitations(1MB size of block, takes long time to process your transaction) and so had been hardforked to bch, btg.
it could only be used as currency since they do not support platform like ethereum does.
currently many icos are based on ethereums, cause they support tokens on their platform.
I think the only benefit of using bitcoin is that it is the very first cryptocurrency and altcoins are exchangeable in exchange because of btc's stability.
how do you think of bitcoin? will it still have much advantages&value as it now has?
Being the first, many other coins was born from it. I believe that this industry will grow more and expand to our society. And this industry has a variety of choices that can match up your preference whether in buying goods or in investing in trades. Cryptocurrency is such a wonderful innovation that I can wait to see what more improvements it will yield in the future. |
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Hi, have you ever thought this? You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it. I think this could be a weakness, correct me if I am wrong. Or comment if you have a kind of solution for this... Regards! That 52 combination-maker-programs seems to Sci-Fi idea for me. And I think those wallets have more security than that private key like they can limit the trials that the key is being input in the wallet. I believe that even if there is that program exists, it will take a very, very long time to crack a 52 factorial key. So I guess we are safe with our unique private keys and wallets. |
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Hey everyone, I was wondering how most people here receive their bitcoins? I personally handle in virtual items in video games. (CS:GO, DOTA 2, PUBG) I sell these items on a marketplace and receive BTC for them I also join a online casino now and then to try and make some easy BTC! Do you guys just invest in bitcoins and not touch them? I personally use mine on a daily base for purchases / trading etc.. Let me know i'm interested!  Tom / YakingI am unfortunately still saving up both fiat and tokens from campaigns to gain capital for investing to cryptocurrencies. I once got tokens from online games and it was really tricky because sometimes I win and sometimes I almost loss all my balance. Hopefully in the next year, I can reach my objective capital to start investing in cryptocurrencies. |
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With the imposition of crypto currencies a new reality on the international investment scene, the views of international investors varied among the supporters and opponents of the circulation of the most known digital currency "bitcoin" in the middle of the enthusiasm of digital investors to make a quick profit on the one hand and warnings And the fears of experts on the other hand about the bitcoin future trading that may not normally appear in traditional investments.
In view of the movement of the bitcoin, from its inception until now fully aware that we face the possibility of bursting bubble price at any moment, and the reason for the lack of real value of this currency compared to currencies traded in dollars, there are assets behind the currency such as gold or minerals, material as a real estate sector in addition to the absence An organized governmental body for trading this currency.
The future is still a mystery to all of us but we can all hope and believe to the potential of bitcoin and the whole cryptocurrency. In my opinion, this innovation can greatly help our economy because it has the power to improve our monetary system. Bitcoin created an industry full of new jobs like trading, mining and advertising. So in the future, I hope that bitcoin will gain its rightful place in the economy. |
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