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Bitcoin price depends on supply and demand.
Recently, we had many bad news about bitcoin, from the media or other official sources and people became scared and started to sell.
It's difficult to predict when such trend will change but I believe that soon btc price will start to go up again.
In the long term, we will be all in profit here.
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Tko je slijedeći?  |
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Dobio si merit |
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Poslan merit |
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Many bad news, many speculations, rumors etc.
Personally, I don't care.
I believe in btc and I will just hold my funds in the wallet.
It seems that many people out there are in panic mode and selling but they will be sorry later when btc price recover.
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The Crypto World has Witnessed a lot of Ups and Downs (Mostly "Downs" Though) this year 2018. Now we are at a point where most investors percieve to be the best time to invest in Cryptocurrency, but unfortunately the dip has only worsened.
This has left a lot to ponder and a lot of people are starting to ask the question "Is this the end of Cryptocurrency?; especially BITCOIN".
Let Me Have Your Take, What do you think? Leave a comment below.
Cheers
Generally, price in any market depends on supply and demand. People are very emotional beings and they usually decide based on emotions after reading some articles, or when they hear some rumors etc. not based on rational thinking. So, it's fact that we had many bad news about bitcoin and crypto recently and it seems many people are in ''panic mode'' selling everything. It's hard to stay what may happen until the end of year. |
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Tko je slijedeći? |
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Dobio si merit a za repete pitaj druge |
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In reality, many new people first hear about bitcoin, because bitcoin is still very popular and number 1 crypto currency in the world.
So, bitcoin s still main entry point for many new users, investors.
Usually after investing in bitcoin they became aware and interesting about other crypt currencies.
So, I really believe that for a long time bitcoin will remain on the top, as the most popular crypto.
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Don't buy with all your money.
Yes agreed though you can either diversify your investment , its wise and better than give your all money to one , and for me its more profitable yet advisble. Yes, never spend money you can't afford to loose. Other wise advice is to never put ''all eggs in the same basket'' Smart strategy is also to earn part of btc funds in a free ways like paid work, so you don't risk your own money. |
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In my country central bank issued official statement that bitcoin is not currency or financial asset.
So, in the most countries, bitcoin is not accepted as asset by the legal authorities.
We still have a lot job to do, as bitcoin community, so that public can realize what is bitcoin.
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We don't know him personally, so we can just speculate about him.
I'm sure only in one point.
He is visionary man and with bitcoin he really started great revolution which nobody can stop any more.
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I know about bitcoin about 4 years, I think. In the beginning, I didn't believe much in bitcoin but when I heard about good profit my friend made here, I decide to try. I'm very content with my btc profit in the last a few years. In fact, part of my btc funds I earned in a free way, through paid work on Internet, so I minimized my risk here |
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
Bitcoin price depends on supply and demand, like in any market in the world. People buying bitcoin because of certain expectation, that bitcoin will become part of mainstream, that more merchants will accept it etc. Other people probably just buy bitcoin as investment, with hope for fast profit. So, I think that the most people are well aware about risk here and willing to try their luck. You could earn good profit with bitcoin in the last 8 years and we don't know yet what will happen with btc price in coming months or year. I still think that we will be able to make profit with bitcoin in the future. |
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https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. Great news. I really hope that other countries will follow soon. In my country central bank recently issued public statement that bitcoin is not currency or financial asset. Hopefully, they will change their opinion and follow example from S. Korea. |
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It's very simple really.
In the real world, we know who is behind any currency, who is buyer and seller in each transaction, who is responsible for regulation, and if any conflict happen, which court is responsible.
So, do you really believe that some serious businessman will risk let's say 1 million $ or more, invest it in bitcoin and if someone cheat him, he can't do nothing about it?
No way!
There is no responsible bank or financial institution behind bitcoin, no regulation, no legal protection, nothing.
So, it's obvious why bankers and corporations will never accept bitcoin.
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Tko je slijedeći? |
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Dobio si merit |
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Tko je slijedeći? |
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