Hello again....since i want to know what is bitcoin for you...and what you think about anothers cryptocurrencies like ethereum,litecoin,dogecoin,eth classic,zcash,dashcoin,monero,golem and others...
Altcoin or alternative coin is widely known for its best in short term investment. Altcoins are also considered as good investments because of the high increase on its market value. There are lots of altcoins from different ICOs most has potential but only few have grown such as Etherium, Monero, Litecoin and the likes. Maybe in the future altcoins will be closed into matching up with Bitcoin in all aspects. |
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It is difinitely and absolutely a good option or idea to invest in Bitcoin. Its market price is getting higher everyday. And investment is assured even if Bitcoin is volatile knowing that after the dumps, it will eventually and again, increase. As easy as holding or storing Bitcoin, an investor would already earn huge profit in the future, given the fact that its market value is increasing always.
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Probably, it has something to do with its market demand since its value and demand are proportional. A good example is what happen at the moment wherein it is stucked at 6000$ and it is becoming hard for Bitcoin's value to increase or inshort, its value drops oftenly and the factor that affects is the incoming hardfork. The demand decreases, in my opnion, because of the segwit2x. |
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I gather some altcoins based on the researches but I want to know your ideas
you think, which one have a good potential to increase in the future?
Aragon
BAT
Civic
Salt
BNT
District
Status
Wings
Firstblood
FunFair
Storj
Waves
REAL
Cardano
Musiccoin
Burst
Rise
EOS
OMG
Firstblood, Waves and REAL, in my opinion, are having good potential in the future. I am not an altcoin expert and I am not into investing in altcoin but I participated in each of these ICO's campaigns. And I think they are doing good based on the feedbacks that they are having. Establishing reputation will also help a coin on its development. |
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Can bitcoin reach 7000$ before December?
What do you think?
I think it will.
I agree with you. At this moment, Bitcoin's market value is continuously increasing. Knowing that there'll be a hardfork, it is also a factor that will make this thing happen. Remembering the recent segwit2x last august, it made Bitcoun's value to rise from 2800 upto 4200$ in less than a month. And if same thing will happen in November, it is possible that before this year end, Bitcoin will reach a market value of 7000$ or higher. |
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Have you guys ever think to how long is bitcoin will survive in this world ? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those thing. Just wonder to know.
I'm not sure but I think, it will be functioning for the next 10 years. No one really knows until when will Bitcoin exist but surely, as years are passing by, Bitcoin is becoming more successful and growing in all aspects. Its market value is getting more expensive making its community big, and infact, other investors are moving to Bitcoin that makes the demand high. So maybe, it won't end less than 20 years from now. |
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
Practically, the best time to buy is during the dumps or whenever the value of Bitcoin in the market is falling, and to sell whenever its market value is rising. But at this moment, it is a good time to buy Bitcoin even if it is already high since it is continuously increasing. So investors can go along with the price inxrease and earn huge profit by just holding Bitcoin in a period of time. |
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I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Maybe it relies in between, depending on the people that posses Bitcoin. If Bitcoin is legal to a certain country, it will be used as a currency to nuy things and if not, probably it will be an asset that will be stored and earn profit as its value is increasing. It is a digital currency and just happened that it is not yet legal to most of the countries so using it as a currency is only limited and exclusive to those places where it is already legal. |
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As the question reads. For me:
- The concept/vision - is it innovative? does it solve a real world problem? is the problem it solves something I am interested in?
- The team - Size and experience.
- How the coin relates to the concept. Is the coin a key part of the platform? Are other payment methods available to users, etc.
I agree with what you've mentioned. The concept of an ICO is important because it will capture the attention of the investors that determines the succes of an ICO. The team will also be a part of an ICO's success since some people are being trusted by the investors which again, welcomes more people to invest in an ICO. |
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Maybe it will able to reach 6500$ at 25. It is possible since the price of Bitcoin is continuously rising. By the end of this year , it is expected to reach 7000$ or more if the fork in Nivember will succeed just the recent one. It won't increase as much since the fork is approaching maybe after the fork it will. |
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what makes bitcoin appealing, in other words: what is the "breaking the ice" part about bitcoin that you can tell a newbie in a sentence or two, too pull them into this crypto journey BTC @millzp0
I believe that there are two; decentralization and profitable. Bitcoin is profitable to most of its users especiallly its investors since as time passes by, the market value of Bitcoin is getting more expensive. It is also decentralized, the pofit that the investors and users are earning can be used as they would like to also, the transaction fees are low and sometimes faster than in regular currency. |
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So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.
The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.
I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........
In my opinion, Bitcoin's downside is its volatility and being not legal to most of the countries. Its volatility serves as a risk for its users and investment especially whenever its market value decreases. And its issue with regards to legalization limits the people to use it as a currency or to buy things with it. But in the future, it is possible that it will be legal to most countries and its volatility will be lessen making it highly stable. |
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With Bitcoin basically making Dimon shut his mouth and his own company helping to make him look like even more of a Jack*ss, plus the hardfork that's coming, I wouldn't be surprised if we saw $10,000 bitcoin by the first of November
That would be possible by the end of this year or maybe early 2018 especially if the next hardfork that will happen in November, will be successful that will again make the market value of bitcoin to go skyrocket like the previous one. Backdrops before November are expected since the fork is getting near, the best thing to do is to hold because surely, after the fork ,it will again increase and be more expensive. |
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I was surprised when opened XAPO wallet and the price this morning about $ 4800 but 3 hours later the price has reached $ 5180, amazing, this month the price will reach at least $ 9500. It's time to buy more and hold.
I believe that it is possible for Bitcoin to reach that huge amount of market value by the end of this year but I think it won't be at this month knowing that a segwit2x is approaching which will happen in November so we should expect for backdrops as the month is getting near. But after the hardfork, there's a huge possibility that itd price will be more expensive especially if it will be a success and hoping that it will succeed. The best thing to do is to hold as what you've mentioned. |
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We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
It cannot be predicted but rather expected. We are all awared that Bitcoin is volatile so change on its value from time to time should be expected such that if there's a downfall of its value, expect that it will again increase, eventually and vice versa. It is because the value is only dependent on the demand so as the demand decreases, same thing will happen to its value. And it cannot be controlled. Maybe if the demand will continuously increase, its market value will rise continuously and become more expensive. |
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I don't think so. Fiat or regular currency win't be obsoleted by digital currency and infact, they should both co-exist in my opinion. It won't crash just because cryptocurrency is getting more popular and getting more expensive than fiat. It will still play a big rolw on the daily basis of people espexially to people in countries where cryptocurrency is not yet legal. |
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China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.
In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.
So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.
Bitcoin have already recovered from the downfall that happened recently and it ibviously shows that Bitcoin will still be as this successful without China. It is currently priced at 4600$ and continuously increasing, making it also possible to reach 5000$ before this month end and before the incoming hardfork. And if the next fork will be successful, Bitcoin's value will be more expensive before this year end which also means more profit to its users and investors. |
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Hey guys, I wanna hold some alts for 2-3 years. Can you advise me some? I am thinking about Bitquance, XVG, OMG, NEO....anything else?
Alts are known for short term investment, so I think and in my opinion, it won't be that much profitable for the said time length. But if you still want to, I think ETH would be the best one to invest with that amount of time. Etherium's market value is continuously increasing as of this moment since it is oftenly used in ICOs and holding ETH will probably lead to huge profit in the future since it is potent enough base on its current market statistics. |
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I have noticed the greater rate of increase in the past two weeks. I always trusted bitcoin that it can recover fast from any fall of its price. What do you think? It is good to invest today? And what are your expectations about its price before the year ends?
It is always good to invest in Bitcoin. Before this year end, I am hoping and expecting that its market vakue will reach 5500$ or more especially if increase on its market value will be continuous and if the hardfork in November will be successful. Surely, there'll be sudden dumps but hoping that it won't be as hard as the previous one. The future of Bitcoin is bright. |
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How can you earn 40 dollars a day in bitcoin?? , let's share the knowledge on this topic , and hopefully we get more success after share my experience in here
I don't know a way to earn daily the shortest time length that I know is weekly through campaign. There are weekly campaigns that,from the word itself, pays weekly if you are able to qualify with the requirements and task to be eligible with the payment or reward. Joining is free and the profit or income varies on your rank. You may search on this forum about weekly campaigns to know more about it and how it works. |
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