I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
We should be all aware of this since it contribute to the dump of tge coins which prolongs the waiting time of ours to increase the price of our coins to trade, I guess patience must be practice in this scenario cause whenever the bid becomes lowers the lower the price that everybody gets and it freak us out since we have to wait for further time just to get our profits. |
|
|
|
What do you think about this possibility ? Would you invest in your government currency ?
Of course they could, tgey can hire intelligent Information Technology graduates and engineers regarding the process of makung cryptocurrency, but it didn't happened up to know cause for now they dont have rhe idea of making the a cryptocurrency which was known only by Satoshi Nakamoto who was until now untraceable, unknown and anonymous, and come up with the fact that a government holds a country which was facing several problems for them to end an dthe visions they want to accomplish makung this things may prolong the progress of each country. |
|
|
|
If you plan for long term investment bitcoin is the best one. If you can endure to wait patiently of bitcoin increase more than 15k and I don't know when will it happen maybe soon or later. If you you applied diversity then choose the good coins that suit your taste for much better result at the end. It is good strategy.
I agree with that, although it will be a risky thing to invest here since the price continuously dump at some point and it can actually rapidly dump in price but volatility of this currency makes people more interested in investing their money cause if you will wait your money will double or trippe in price and thats a big dhot ublike investing in the banks, you have to wait every year to a progress if their will be and here in our country based on our entrepreneurship professor the annual interest of your money if you will invest here is just 1% due to the outgrowth of tge people who invests. |
|
|
|
From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.
Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.
In my perspective they are both better. It is depend on the people who use it becuase the both of it have a differences andcall the people have a different needs in our society. Bitcoin is for the people who wants a crypto or digital currency while the gold is for the people that wnt a paper money. They have also a different advantages as well as disadvantages. Indeed, personally I think Bitcoin is better than gold in terms of despository and storing, since Bitcoin is a physical property we cannot expect that we can have a secure life if we own so much of these, due to the fact it was barely seen in our eyes, I think that will make your life risky, but you can be sure that the amount of gold in bars will remain the same unless someone will steal it to you,on the contrary Bitcoin is better in terms of transactions, you dont have to hire people to transafer your gold into the certain reciever I guess you just have an internet connection to transfer and recieve Bitcoins which is less hassle for me . |
|
|
|
It's very hard to time the market, so the easier thing to do is just buy during dips and hold them for a long period of time. The length in which you are willing to hold would also depend on what your target is. If you don't have any short term targets, might as well just hold what you bought and just wait for it to grow in value over the years.
Yes thats true, cause geographically speaking we have different time zones and that was pretty hard ij my side to monitor the price of the coins if we have to take a rest during night time ahichbis probably 9:00 -10:00 PM which may be 8:00 AM in different places, I guess that was a big part for me that geographically we have different places we luve on and monitoring the prices may be a challeging part for us to have an effective decisions in selling our Bitcoins without being vulnerable to the mistakes that we might do. |
|
|
|
This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used  He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying." Well it may happen that someone stole his Bitcoins, or someone whom he know he has all of it and betrays him. I just think that Bitcoin is all about money and we cannot say that you can still trust the people whom you know when it comes to this, just be secure, and I think be careful to your wallets and everyrhing related to it, it may be trsced by the hackers and steal all your money |
|
|
|
Yeah i see bitcoin starting to wake up from the nightmare, and i believe there will be no more deep dump. I see graphics with aroon indicator and when it shows a positive thing, although i'm not expert on monitoring but this is my thought.
Well we should be aware of that since its mid year alreay and the coins were slowluy being ready for us to have our own profit, and I think we shouldnt be confodent for what we have now but instead worl for more cause you are also the one who will thw who will benefit that. |
|
|
|
of course no one can compare bitcoin, but if seen from now does not allow eth price can rival bitcoin in the future but surely very long for it. the most striking difference is that a person is more familiar with bitcoin than ethereum.
Of course it is, Bitcoin is the mother of all cryptocurrency which we dont have to prove, some of it has been spliced in order for us to get the other alt coins for the prevention of upcoming extinction of this currency, I think we should not focus in how do both currency will performed but on how does everything will be possible for us to capable of having the profit. |
|
|
|
There’s a chance because of that scam I hope it will not because many people rely their incomes in bitcoin.
Thats true, but as far as I know Bitcoin was not really involve in the scenario, but they used the reputation and name of Bitcoin to scam people since Bitcoin is very well known nowadays, and I think that what really matters, we should not believe everything that we are seeing on the television, and we should not be interested in an instant money which really doesnt exists, for you to have profit better pay for it really hard. |
|
|
|
Well I would like to renovate our house, and start ip a business which maybe easier than what other have, and I want to invest in properties which may help me to have a better amount of income sooner as I can have our own profit, I think we should work on that by now cause the time keeps running, and the Bitcoin has a limitation in number already, I want to focus in my studies and uts summer break so I will work on this |
|
|
|
Few ways I know of:
- Just hold btc
- many altcoin air drops is based on BTC like stellar and byteball, the more BTC you have more you will get free coins.
- trading, one of my friends does full time trading with Bitcoin and alt coin.
Yes thats true, in ny experience , I have been having Bitcoin as mybown profit in the campaigns that I am being involve and with the exchange to the service that I made I have gain Bitcoins, but personally I dont to stick with just campaigns I want to learn how to investments works and I want to know how to mine. |
|
|
|
Actually this is not part of the Bitcoin anymore, this is a business and purely profit, I think it could help in the way that we have the chance to donate some of the money that we have to help less fortunate people but in the end of the day we are the one who will decide to eradicate this unstoppable issue of the society, we can help them to donate the temporary needs but education will make them free from poverty. |
|
|
|
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Yes it is, and actually Bitcoin was being accepted in different entities in which people were always be involve like market, stores and even banks as they say, and I think the capability of the Bitcoin really applied nowadays for it to be really successful, since people nowadays were being aware what is Bitcoin thats why investors acquire this currency to keep profiting. |
|
|
|
This is very normal. When government consider bitcoin as a stock or commodity it will require everyone who invested on a KYC and AML requirements. This is not a bad news since it was even required to the stock exchange and on banking institutions. This action of requiring bitcoin such requirements is a sign that bitcoin is already recognized by the state as legal and can be used within its territory.
Yes I agree with you, I think Europe just really dont into anonymity, which was the nature of this currency. Like KYC, this process prolongs the waiting time of a person or group of people to get the profit that they actually expected to the certain campaigns, this is really hard for me since they want specifically for passport and licensure documents only, and for now I dont have either of the two, and if I will be in that kind of campaign surely I can never have my profit. |
|
|
|
I feel that it's definitely better for you to use fiat to exchange BTC if you are just going to buy one antminer to mine. Apart from that, increase your capital to buy a lot more ASIC, that would bring your profit to however much you want but do note that mining difficulty do increase so a constant calculation might not work.
I am very interested to mine and I dont even know how,but I am willing to learn. Holding and buying is not the only way, I think better to work for Bitcoin even though buying is better cause instant you have some amount to hold but working is kinda useful in terms of you dont have to used you cash to have your own profit, I guess the amount that you can earn is way better in amount. |
|
|
|
Hi,
Even just a year ago bitcoin was useable... now the fees are about 10x what the banks charge. Seems like its changing from a peer-to-peer money system for everyone into yet another convenient way for rich people to exchange funds!
What went wrong> And more to the point, who is responsible? What can be done to fix it?
Thanks
Andy
Well we just have to accept it. Bitcoin is a momey related business, if you have money you are capable you have better transactions, better things to achieve, this is very techy surroundings for you to manipualte this you have to be capable, you must have to afford everything. Life is so unfair, so like us who dont afford much and the thing that we can give is hardwork, for us to have the profit with the exchange of serviced that we have done. |
|
|
|
Bitcoin is going 9yrs old, so far no alts surpasses Bitcoin. For 9yrs it remains the king. While Bitcoin is going down, no alts remains strong. All alts are crashing too. This is the best indication that Bitcoin has no replacement.
Thats true, and I believe that Bitcoin is the mother of all currency for now I didn't see that some cryptocurrency will be above this cause the existemce of the smaller alt coins is because Bitcoins were spliced to produce a new start of coins, which we are working foe now to increase, although some people says that Ethereum is mych flexible than Bitcoin, but as you can see when Bitcoin deflate the Ethereum also decrease in price. |
|
|
|
Have you rewritten it all from the web? I think the majority of people writing here is BTC oriented. I do not really understand the sense of this topic?
Same woth you, investment is beyond the basic knowledge that we can learn through this forum, I guess the people that really excel in investments were the one who were guided by the people who were very knowledgeable to that way to earn here, I guess this is a long way process and we should be all ready and willing to study that, ofr us to keep gavibg income here. |
|
|
|
All I can say is just hold, we do not know when it will recover but I am sure if you continue to hold you will never lose.
That is why the crypto investing is called a high risk is because of this kind of situation, think that the entire marketcap had significantly grow and this time we have witness a lot of bad news which some media have exaggerated it, don't listen to them, do your own analysis because whales are doing everything to buy cheap coins before they will start to pump this again.
Same with me, I dont know how can I explain omething which I didnt know yet for now, how can elaborate the limit knowedge that I have today for the beginners like me, I have struggling with the same thing also, and I think the only thing who can help you is yourself better to search the things you wanted to know which is very deep to be honest but the information was concised and legit unlike in asking to those random strangers who might fool you. |
|
|
|
I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.
You mean related to Bitcoin? Well thats great cause you as a person, you expands the Bitcoin application which may help other people like what Bitcoin gives you, I think this is sych a responsible act which may help to society to have a better surroundings, if everyone of us look the same as you but in different ways I guess this will be a great help for the people who doesn't aware in what may have if they enter this forum to earn. |
|
|
|
|
Show Posts
