Well Im certainly not an experienced trader and probably never will be. I just don't sit on front of the screen all day so I miss most trading opportunities.
I read somewhere that only 10% of traders actually make a profit and only 1% Of those make a profit regularly.
|
|
|
What if someone creates a better digital currency? Will bitcoin be phased out? And how likely is it for that to happen?
yet another FEAR based thread. There may be coins in existence according to some which already are better than Bitcoin but its about acceptance and adoption and right now the coin with the most acceptance and adoption is BTCno one ca tell what the future holds so dont worry until it happens, IF IT HAPPENS AT ALL
|
|
|
I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.
Actually, I also believe on the great potential of bitcoin and I think it will become our world currency. In addition to that, I do believe that bitcoin will be our future money in which you can use it in all kind of transactions even in offline store. I do believe that bitcoin will help me to become rich in the future. I agree with michkima on his points but.I as regard a world currency, maybe but as it is now, running along side a government controlled one. Im a true believer in bitcoin but yes the OP's point about Bitcoin not being used as it was intended is because of the fees
|
|
|
What theae people asy in public does not mean much, a lot of them hold bitcoin anyway.
I think it only advertises bitcoin in the long run and possible helps to introduce more people to bitcoin
|
|
|
real world application is something important for an altcoin but we dont know how a particular altcoin dev team are going to market the product and also we dont know what the interest and useage is going to be.
|
|
|
I'll be holding as well, I am not interested in playing the market especially with all the panic and FUD. i a also expecting a bit of a non-event but if the price does fall again I wont worry.
|
|
|
i have recently read the article that there is possibility The J-Coin is intended to function in tandem with the Yen, rather than replacing it so if this is happened the effect maybe for bitcoin itself not for Yen as Japan the current currency and we all know currently Japan is one of the biggest market for bitcoin and if Japan launching J-coin which mean people at there will more likely to use J-coin rather than bitcoin
now this is a very interesting thread topic!!! Im not sure I agree with Nahl above, OK J-Coin may be a blockchain based currency but it will be centralised which will be completely different to Bitcoin. It might introduce more people to Bitcoin though. Here is the real reason behind the move > "The service for the coin would be offered freely but would be a means of tracking transactions that is far more complex in a cash-based society."
|
|
|
ICO regulation is good because the ICOs that are just being created for scamming innocent people and maybe,just maybe the scam be avoided from happening in the first place. A lot of ICOs raise a lot of money and if they scam people then a lot of countries will lose potential capital,which most of the countries are afraid to lose.
i agree, that is the plan behind the regulation, to protect potential investors but I'm worried about the amount of regulation and where it stops, will it render a potential ICO as centralised/regulated ? will the regulation require some form of identification for potential investors? will there be some form of taxation or levy's implemented? [ just throwing a few topics for discussion out there ]
|
|
|
im not even going to open that link because this is just FAKE NEWS actually I came into this thread just to have a look at the comments
|
|
|
this happens on all exchanges, from time to time certain wallets need to be updated and sometimes this corresponds with action relating to the specific wallet they are running maintenance on.
|
|
|
The screen is small so adding multiple details wouldn't make it any better, It's good as it is but If you could just add a little arrow going UP (green) or going down (red) for showing the changes for the last 24 hours, you could even simply pull that data from CoinMarketCap or CryptoCompare instead of taking them from multiple exchanges and calculating the average yourself.
Nice idea for sure. for extra features as OmegaStarScream mentions maybe show 24hour movements in red or green. Another option would be maybe the percentage rise or fall in a particular colour 7.5%or 82.4%
|
|
|
They would need to turn off the internet forever, so basicaly impossible now. If they were to crack down on any particular coins new ones would be created within hours. Just like what you saw with silk road only its even easier to create crypto coins. Pandora's box is open nothing can stop the crypto idea.
as above, its is impossible unless the internet is switched off forever, which would also disrupt FIAT banking and communications globally. so thats not going to happen!
|
|
|
YES!
Marketing is one of the most important tools in business without it a product or service will remain virtually invisible to potential customers and investors.
|
|
|
it still am waiting to see where they banned "cryptos" or as the article title says "ban bitcoin"! to this day i have neither read any news from China about banning bitcoin nor i have seen then actually banning bitcoin. the only thing i keep seeing is that uninformed news sites which do not even know what bitcoin is, repeat the same thing about China banning bitcoin! the funny thing is even Chinese themselves are annoyed by this lie https://twitter.com/SatoshiLite/status/911067464796053506I would agree wih you BTCLovingDude, i have been saying This for a number of days now. It seems like people pick up on a whisper and it just spirals out of control. The only news i have read is that china imposed a temporary ban on exxchanges and would look at implementing a licensing system. And as for ICO's they need to sort the Legitmatenones from the scams. Its good to see the mainstream media report something Positive
|
|
|
well it wont be a war because it will be as it is now, FIAT or Crypto FIAT is definitely moving towards a digital useage and we are becoming less and less a cash economy.
I still think there will be those happy to use the Government controlled Digital FIAT and those that want sonething alternative that is not controlled but decentralised, opensource, unregulated . . .
thats why we are here on BCT! good article though . . .
|
|
|
Possible yes.
If many countries go the japan route then it could start to get into those kind of numbers. I would think 250k would be doable inside a year if the eu, us, china (total reversal) , etc all started being super pro btc.
Probable - we'll see
ah but Cryptohunter the most important word in your post is "IF" why would the EU, US and China totally leave bitcoin alone to be mass adopted, they would want a slice of the action in taxes I figure its difficult to call this one. How much was bitcoin worth in 2009? How much has it gone up since then?
in 2009 buying Bitcoins for $30 was easy, not so easy to buy 1 bitcoin now and will be harder to buy 1 bitcoin when it reaches $7500 and so on.
|
|
|
it is really very difficult to say, and to me it sounds very far fetched or unrealistic to think or hear that it could be priced at $1m.
It can definitely climb a lot higher than it is today as others have mentioned 10K or 20K but after that it would need massive adoption globally to reach the golden figure of $1m.
|
|
|
I'm sure this has happened a lot in the early days of Bitcoin. There have been a few threads here on BCT about people loosing coins through various reasons.
I personally know of a user who totally forgot they had coins in a wallet on the hard drive of the computer from 2013, luckily they hadnt changed the PC or disposed of it.
The interest was ignited again last year when they read a news article about Bitcoin and luckily they were able to retrieve the coins !
|
|
|
I would like to think that after the dust settles in China and the authorities tackling ICO's and the Licensing of the Exchanges takes place there will return the trading of Bitcoin, but for the moment there is a lot of uncertainty. In the long run regardless of what happens people in China will continue to find a way to e involved in Bitcoin. after all it is decentralised
|
|
|
I cannot believe people are willing to join pupm groups. To me this is just madness and pure greed.
I am interested in blockchain technology and how they can be adopted in the future. People interested in pumping Are only interested in taking advantage of other crypto Users.
SHAME
|
|
|
|