As what we can see now, the market's price is so lame, the reason that investors and traders of bitcoin should hodl. Every hodl of bitcoin hopes to rise its price in the future, and it is the only way and the best thing to do right now, just hodl and patiently wait for bitcoin's comeback.
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I never think bitcoin as a dump. If its price falls extremely, you can buy more bitcoins instead so that you can invest in the future hoping that its price increase again so that you can earn profit.
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I think this will depend on the banks whether they would accept bitcoin or not, and it also depends on the country. The country that banned bitcoin will not allow this anymore.
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I think it doesn't yet destroyed you, by now you just have to be patiently wait for the right time for bitcoin to comeback its price. You definitely destroy if you would sell or trade your bitcoins by now.
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As of now, i think bicoin is the most popular coin in the market rather than any other altcoins. Bitcoin is promoted and widened its fame in some of campaigns such as twitter, facebook, reddit, instagram and also in videos on youtube.
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It is hard to explain to a 7 year old kid since many people also finding hard to understand what bitcoin is. For me, i would just simply explain to the kid that bitcoin is a digital high valued currency.
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Hodler's lose but not in all situation i think. As for my experienced i also hodl a coin and get what i need, probably we should think first before hodl, whether what we hodl has the potential if that coin is to rise its price or not, if not we should sell or trade it right away while we have profit.
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Several people thinks that falling price of bitcoin is manipulated by some people, well i guess so, and i also think that more probably reason of bitcoin's price is the continuing panic selling volume coins, the price would be affected if several panic sellers do this.
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But still not a lost, bitcoin not even drops its price 90% of its primary price in 2009. Bitcoin is not about judging its failure on its price, some judge bitcoin as failure because they have not earn out of it. But maybe we can stick together and reunite for the development of bitcoin so as the cryptocurrency.
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As for the development of cryptocurrency, we can use bitcoin and some other altcoins for paying online transactions, and that's just made our payment easier with the use of cryptocurrency. Also ethereum, bitcoin cash, and ripple are used for paying online transactions. I hope there are more features and good development of cryptocurrency in the future.
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In my idea, bitcoin had already make its success. No wonder there are many investors becomes rich from bitcoin investment. Bitcoin also makes cryptocurrency popular as it is now joined by every country around the world. So i think whether the bitcoin lost its high valued priced, it already attain its success.
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Sounds like true. And if this proven correct, bitcoin hodlers would be rich because of the control of the price, i think they are letting down bitcoin's price so that several of the bitcoin holders would sell their bitcoin at low cost then guess what? it will rise again and only few people with bitcoin holders would benefit most and eran a lot of profit.
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The first thing comes into my mind is bitcoin banned in india? Well i think if they open it up for the cryotocurrency in their country maybe it could give advantage and good future for bitcoin and cryptocurrency industry.
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Although the current market's situation is down, i probably think that in the long run the bitcoin would survive instead of blockchain technology. Bitcoin is so popular and hard to be just end, it's price decreased but still valuable.
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Thank you for this nice thread, i definitely agree with you pal. The simpliest and basic securing of our account is not to make our password so easily be determined, or we shouldn't go to any suspiscious sites or called phising sites to login our account, it may be steal and hacked.
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I think that no one specifically driven bitcoin's value except i think the admin or organization that creates bitcoin. I also think if its driven by the people, its price is affected when numerous people trying to sell now 'panic selling' and does effect decreasing price of bitcoin, the demand and volume.
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I think too much post of negativity about bitcoin now. The fact is bitcoin is not yet done, it is still valuable and high priced coin it is just its priced decrease however still a good coin and every traders and investors knows that.
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Yeah since the market is so lame now, everyone has many topics about cryptocurrencies that prices has keeping falling down. Some of the investors are panic selling and i think its one reason for the price of bitcoin to decrease and continiously decreasing.
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As of now it is not good to save money in bitcoins for your kids, rather teach them the fundamentals on how to earn on bitcoin and cryptocurrency. You better save the money for your kids in bank, it is too risky to save now in bitcoin since its price continues to fall.
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Market is not stable, bitcoin is falling down and it affects altcoins also. I think the reason is there are lack of adaptation for new investors that uses bitcoins and cryptocurrencies to rise its demand and also its price.
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