As we know due to high inflation economical situation is very unstable !
Now im if the dollar collapsing then how the bitcoin or other coins value will be calculated??
Lets say all the fiat money will be gone and crypto currency will be used how the bitcoin price will be calculatwd??
If the dollar is falling the USDT...virtual currency will be still the base currency for crypto?
very unstable?In which world do you live in? "Now im if the dollar collapsing"-Wow,what a sentence.I guess that you are asking the same guestion every newbie asks here.The dollar won't collapse,crash or die.It will slowly decrease it's value over the next decades. The bitcoin price will be measured in every other stable Fiat currency-euro,canadian dollar,british pound,austrlian dollar. |
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Just imagine you have to choose this "chip implant" option.Would you choose to have a microchip under your skin,just to use it as some kind of wallet,Identity card,social security number,bank account,ect?I don't think so.
Where is the benefit?Increased security?Haha,don't make me laugh....
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Don't always look at Bitcoin price in isolation to the total market. For the fact that the total market cap is still hovering around $200billion is a strong indication that we aren't yet out of the woods. The bulls are not here yet. So, let no one make a haste to buy in. I would suggest a little more wait. For all I know bitcoin can relapse again.
The current total market cap is above 211 billion USD,which is a good sign,I guess(I don't trust in market caps as an indicator).You say that we should wait,but what if we are too late?This might be the last chance to buy some cheap bitcoins.Some traders might regret for their decision to wait,while the bitcoin price slowly goes up. |
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Bitcoin is addictive a as sugar.  I guess that ,in the near future,some governments will view crypto trading as something similar to gambling and they will tax it way higher,because it can create an addiction. Anyway,in my country,all the sweets and all the foods that contains sugars is cheaper than the fruits and vegeatables. Having a "sugar tax" will create a rebellion. |
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Who is saying that bitcoin is dead?
I really wanna get into the mindset of the people,who say that bitcoin is dead?What makes them believe that BTC is "dead"?I guess that they can't realise that having a price lower than the ATH doesn't mean that bitcoin is about to die.
Those people expect that the btc price will always up.
I don't believe that any charts will convince them to think that bitcoin is "alive"....
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Unfortunately, that always happen in most ICOs. They look profitable because of those promises and unique ideas with the project. Because of repeated acts by ICOs, most investors are now buying their token only for the sake of bonuses and take the profit once get listed in the market. After that, the price gets dump lower than ICO price and worst case scenario is that the value of their token gets lower and lower. The result, they don't have enough funds to support and continue the project because of the price dump. That might be one of the reason why other countries banned those ICOs.
There's no profit,after the ICO tokens get listed on crypto exchanges.The token prices decrease very fast,because of the big supply and low demand.Look at VIBERATE tokens last year and GRAFT tokens listings last winter.Most of the ICO investors had lost a lot.However,I think that the crypto market is saturated by the large amount of altcoins,not ICO tokens. |
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in simple terms there was a "bug" in bitcoin core full nodes. this bug can be exploited by a miner to mine an invalid block. if other miners start building on top of this invalid block we can end up with a chain of blocks that will all be invalid essentially making every transactions in those blocks not-final. depending on how fast we can detect this initial invalid block the size of that invalid chain can differ. so what you would see in that situation is a transaction that is confirmed but confirmed in a block that was invalid and needs to be orphaned. doing that means the transaction becomes spendable again.
to avoid this risk you wait for a much bigger number of confirmation so that if such an incident happened there is enough time for it to be found and you to be informed about it.
Thank you for the simple and newbie-friendly explanation.I hope that more newbies will read it. Anyway,Bitcoin Core is updated and that bug won't be a threat for the blockchain anymore. I wonder,I would've happened,if most of the miners started expoiting that bug.Will this lead to a major bitcoin price crash? |
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3 years hmm
$6k to $250k.. hmm
math time
if bitcoin is to stay at $6 this year
it only needs to *3.46681 each year
end of 2018 $6000
end of 2019 $20800.86
end of 2020 $72112.63
end of 2021 $250000.79
i think a ~3.466x price increase is normal, healthy and achievable after all if we done the same number historically
EG
lets take a conservative low of 2012 of just $3.50 and then yearly *3.466 it
2021: $252,653.36
2020: $72,894.79
2019: $21,031.39
2018: $6,067.91
2017: $1,750.70
2016: $505.11
2015: $145.73
2014: $42.05
2013: $12.13
2012: $3.50
seems to play out alright (ignoring the volitile wobbles of a few ATH and just thinking of the lows of the years.)
so id say its a healthy estimate for a sustainable LOW value increase
Bitcoin can triple it's price during the next three years only if: 1.All altcoins are destroyed and all crypto traders use bitcoin only. 2.China and India accept and adopt bitcoin on a massive scale. 3.Bitcoin got approved as an exchange traded fund (ETF). 4.USA and Europe become more bitcoin-friendly. 5.All the FUD stops. Is any of the above things going to happen?I don't think so.... |
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“This space needs to be properly regulated, otherwise there is the risk of financial crime,” This is stupid.Financial crimes usually break the regulatory rules.That's why they are crimes.  Having more rules (or better rules) doesn't mean that the financial crimes will eventually stop or atleast decrease as a quantity. The term "proper regulations" is very unclear.Some people think that a crypto ban is a "proper regulation". |
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There are 2-3 trolls here,who just talk shit about bitcoin(they don't even critisize it in a reasonable way).Well,there is freedom of speech and opinions,everyone is free to troll about whatever topic he/she wants.The most well known bitcoin troll is kwuckduck(or something like that,I forgot his username).Maybe you should check out his posts and have some fun. |
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It doesn't matter if this is fake news or real news.Why do forum members care about Goldman Sachs? Some naive people here still think that Goldman sachs is about to pump the bitcoin price(or any altcoin price). This is totally wrong.GS is going to exploit the cryptomarkets,take the profits and participate in the future crypto destruction.  |
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It was better for Iran to use some already existing coin,instead of creating a brand new government-backed coin.It would be very easy to track transactions with that govcoin and eventually ban it.
However,I don't think that there is a relation between the Iran shitcoin project and the SEC decisions about bitcoin being accepted as an exchange traded fund(ETF).
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they are secure,programmable and don't require middlemen Really?What about all the cryptocurrency exchange platforms and online wallets?Aren't they a "middleman"? I still don't think that crypto/blockchain is a "superior" technology,despite all it's advantages over fiat. We need further improvement and we need to simplify it,so the average Joe,who isn't very tech savvy can understand how it works. |
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I still wonder why there is a widely spread expectation that marijuana will be legalized in all US states. This is 100% hype and nothing more.Even if marijuana gets legalized in the US,hundreds of new companies will enter this market and cut the market shares of Tilray and Canopy. Those overpriced stocks are more shitty than all the shitty altcoins or ICO tokens. |
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Even though Bitfinex is definitely not the most trustworthy entity, I think that it's very unlikely that they would selectively scam you just for this small amount of money. Really?Think twice... Big crypto trading platforms like Bitfinex can scam(and they actually scam) people for way smaller sums. It's very risky to deposit coins that worth more than 1000 USD in every cryptocurrency exchange(even the big ones).In the actual case there's no evidence that the OP is scammed,but one month is way too long for such transaction. |
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All newbie traders lose in their first trades.The important thing is that you gain knowledge and experience about the market.Trading is not 100% luck,even though there's some luck involved.You can't just buy an altcoin and expert it's price to skyrocket just like that.
By the way,why dogecoin?
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What's the point of having a Telegram group?
Do you want to promote your service among the group members?
Do you wanna use the group instead of a customer support service?
I still don't know why many crypto projects use Telegram for marketing.
It looks like most of the people don't find any value of joining a "dead" Telegram group with low quality discussions,which is created only for promotion purposes.The altcoin/token incentive doesn't help.
If Telegram doesn't work for you,I guess that you are going something wrong with your marketing,or you should change your promotion methods.
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Real estate investments can also beat inflation.Bitcoin isn't unique as the one and only "inflation killer". By the way,after several years,bitcoin will become so popular that the bitcoin price movement itslef will be considered "inflation/deflation".How can you handle inflation,when the bitcoin price does down (this would be the new "cryptoinflation")? |
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Having a low TPS volume means more scarcity,which leads to bitcoin having more value as a "store of value" type of financial asset.
The "look how many transactions per second can VISA and Mastercard perform!" type of discussion is old and pointless.
Satoshi Nakamoto had never trully believed that some day, bitcoin will become a global currency.
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What kind of chart is this?I've never seen a chart like this before. OP,just don't be desperate for attention and don't bother with your member rank. Hi, so according to you Bitcoin may keep going down, until at least the end of the month?
Sorry I thought your post was a little confusing, did not quite understand the directions...
as far as I am concerned, we are in a zone where it is very hard to make a decision, whether to buy or sell. That $6000-$6500 range has been confusing for a while now.
It's not so hard to make the decision.There are only two reasonable options-buy or HODL. Anyone,who sells bitcoins at this price is totally stupid.The market is about to change after the winter. |
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