Of course can't fiat money replace bitcoin, because we still use fiat money at the end look how much banks they are in the world they won't just change to go to bitcoin. Bitcoin is just good when you trading or other stuff. Also we need fiat for bitcoin price.
lol you right we need fiat for bitcoin price. In my opinion, it is an utopic idea to think bitcoin can replace fiat in the near future. But the awareness about bitcoin and other cryptocurrencies and also the volume of bitcoin which can be using increase day by day. This is also so important. Just if fiats weren't existed and people still using gold as a trade tools, don't you think that when bitcoin is invented and becoming popular like now people will determine the value of bitcoin based on gold? it's not because we need fiat for bitcoin price but we're all as bitcoin users adapting with circumstance and choose the most simple way |
|
|
|
Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.
Gold still has value since it is a precious metal that is used in many industries. But what if someone finds a way to synthesize it? I've read about bacteria that can produce gold in very small quantities. Also, there may be large pockets of gold just waiting to be found and an emergence of such pocket due to an earthquake for instance might crash the prices. Gold may look like a solid investment, but you never know... Nothing is certain in this world, gold may be the most valuable commodity fiat now but the future cannot be predicted and bitcoin has the potential to be very popular and will grow its value. Holding both would be great but if it's not possible, choose the one that you feel would be more valuable in the future. Since, we are positive about bitcoin's future, in that sense, I can always recommend bitcoin. Yeah nothing is certain in this world but if you can do some research about things which you were talking about then you could predict its future and getting enlighten about how its future will be going. holding both might be a disaster because keeping two things in the same time might be really hard, if i honestly better go all in. |
|
|
|
For me, currently Im in trading and investing some of my bitcoin. But, dont put all your money in trading and investing. Be wise enough in putting some of your money. We all know that its a risks, just dont put all your money in one basket. Thus to earn money would take a lot time and effort.
allocate funds according to which you can receive when lost, because of the risk of investment and trade can occur at any time. both have nearly the same risk. you choose the appropriate your skills When investing you just need to worry about how's the project going, fortunately if you have invested in some ICO as for example and the price is rapidly increasing and even surpasses few percents above the ICO price while with trading everything is uncertain, and if you do trading in various altcoins, be aware of multiple risk you may carry. |
|
|
|
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I do agree with you, most successful trader out there have lost one significant amount of money before but what they do is that the learn and become a better trader. One thing I notice is common to most traders is indiscipline, they don't stick to their initial strategy and this act leads to over trading. Yeah there are plenty of traders out there who lost first and make their profit afterwards but really you don't need to lose first before going to success or to be success, you're making up your mind with useless thing if you think that losing is an obligation and such a sacrifice in order to success, that's silly. and about strategy, traders often use the neccessary and adapt to the currenct circumstances |
|
|
|
I don't have any doubt that this was all just big pump and dump, but my theory is, even the BTC creators didn't realize that Bitcoin would go this far.
You are correct, But even is like that look what happened to bitcoin right now. We have a big community in this industry, many of the companies all around the world adopted bitcoin unique system, and even in the other country they pursuing their fellow citizens or masses about in bitcoin. Therefore, it doesn't matter whether bitcoin is pump and dump. Which country ? i have seen no one pursuing their citizens about bitcoin and even didn't intended to. if from my opinion bitcoin is basically a currency which can be easily pumped and dumped based on the demands-supply in the market and how the opinions regarding the circumstances were build to drive people on whether selling or buying bitcoin. |
|
|
|
It all depends on your strategy, if you are an investors hold your BTC, the price will still test $1000 soon and even surpass it, but if you are a swing trader you need to know when to cut your loss when the price dropped because some people make their money shorting BTC
And if we're a people very need money now, I suggest you to borrow it to someone for you. Later when prices bitcoin rise, sell and pay your loan. Really dude? that's like a suicidal attempt by borrowing money whilst you own one and getting burdened by the risk because the one who gives the money may make a complicated agreement. and the main question, how if the price is decreasing instead of rising? what will you do? |
|
|
|
You should bitcoin because wherever you are, you can do it and you will earn in it. It can be your sideline while you're away at work. Bitcoin helps me a little with my expenses so I'm glad I'm aware in this business. And we don't know this Bitcoin will lead us in our future success.
If you're buying bitcoin or choosing bitcoin basically on purpose to invest, then fulfill your expense doesn't make sense at all unless you're working to earn it. for investing you need to wait pretty much time until the price rising and you will take some profit out of it, and in other side your expense already there, the most logical answer is working for bitcoin . |
|
|
|
Well, BTC is growing fast. So, you should buy it now for easy profit  one of the reasons why you should buy a bitcoin is when prices are low or the upside. it now appears that prices continue to rise after some time ago the price had dropped. I think now it still looks good to buy. After reaching the highest price at $1,129 and then the price fell to the lowest $775 and now in the range of $900. so I look at current price will be stable and likely to rise. the price will be stable but whether it's rising or decreasing is really uncertain. the stability of the price sometime really hard to be predicted on what going to be happened in the future. but as i can see that the price are now too high if you're looking for the safest time to invest. better waiting for a lower price than right now |
|
|
|
My answer is wait. Now bitcoin price are increasing day by day. I heared that(from legendary member of this forum),bitcoin price will be 1000$ again on this month in the last week. When bitcoin price will be 1400$, i will sell all of my Bitcoin on this time.
Just hold your bitcoin ,And sell them when price are high.
my suggestion is wait too because we need more time to break the barrier and when the barrier is break then the price is ready to gets increase. i am waiting for the price $1500 too but i don't want to sell all of my bitcoin, i want to make more than $1500. just thinking that at the point of $1500 you're willing to sell and so does traders out there who want to get benefits thus the price will be driven away and decreased, if you sell the whole of your bitcoin you will have max profit and if you only sell half and save the rest you will get half profit, which one you prefer? |
|
|
|
i don't know with other people, but i choose bitcoin is because bitcoin can help me to make real money that i can use to buy something and i can make little saving in my bank account.
Great of course that Bitcoin allows you to earn a few extra bucks, but through what ways do you earn these coins? Would be interesting to know instead of only saying "I can make money with Bitcoin". Earning here is just part of the bonus for supporting bitcoin but it is not really the benefits, the big benefits here is that we were able to transact online very fast and cheap and we can consider what we are holding as our investment in the future. For me, earning is the best reason why i choose bitcoin than other digital currencies. With bitcoin, i can earn money without spend my money. Other digital currencies like paypal and perfect money also have, but the rates is really low. When you're offering service and someone is going to make a deal with you i think that your client will determine the amount of bitcoin equal to USD so they will know how much he'll spend for your service and it's no different when you're earning with paypal and perfect money, unless majority of your client is someone who don't care about spending and managing money. |
|
|
|
If you want to be more smart and rich just open bussines, start any bussines. Create activs and everything will come
Don't really think opening a business can make you rich easily because as i've read from so many biographies of popular people whose wealth is gained from doing some business, they have failed for so many times until they fortunately got into something and becoming rich out of it, before opening a business, you must have a good planning and capital |
|
|
|
Maybe 5-10% by now. But in 2020 it will increase to 25%. Cause not all business are still not accepting bitcoins on that time.we need 50 to 100 years before people will accept bitcoin.
That's a big number you are talking out there, I hope you have some reliable information as a basis of your analyzes. It' like 3 years from now, and it's a big increase that is almost impossible to happen. I don't say it will not happen but I think it's too much based on the current statistics. I think that 5-10% is kind of unrealistic number. If bitcoin have that big amount of users then bitcoin might be really popular anywhere but the fact is the opposite, there's no reliable data indeed but there might an accurate prediction existed, for your information 5% of population is 375 millions people |
|
|
|
|
They must have some capital to buy bitcoin and start an exchangers, you didn't think that bitcoin grow from trees do you? and it's clear but i guess that the exchangers must have bought those bitcoin from someone who owning big amount of bitcoin by making sort of negotiation to reach the fairest deal and could give both a benefits without affecting the market or they just directly buying high amount of bitcoin in the market. there's many method
|
|
|
|
I personally use bitcoin debit cards , which in my experience much better than exchanging bitcoin to fiat , exchange usually from not the actual price of bitcoin which is not profitable , using debit cards allows us to use bitcoin in any shopping site and withdrawing it from ATM only for a small fee which is good.
The fees of the debit card which the issuer take if you compare to exchanging through exchanger is a bit expensive, for a withdrawal through ATM it's sometimes taking about more than 2$ each transaction and if you're often withdrawing your money periodically then you will be faced with multiple fees, not so good if you want to be efficient on your bitcoin exchange activities. |
|
|
|
very significant, this looks like a coin embarrassing and newly launched in the market. with this incident, I will sell the entire bitcoin I had when reaching the highest price and the indicated will go down. but now is a good time to buy again.
what is the exact reason that causing you saying " now is a good time to buy again" ? , the price is pretty unstable and whether the stable point is under this current rate or above no one of us know I would prefer be more patience waiting for sometimes and see the right time rather than risking my money for nothing. |
|
|
|
Bitcoin is not going to become legal currency and it is better this way that way governments cannot impose the same regulations that other currencies have.
I support this statement that bitcoin will not going to be a legal currency or a legal tender nt only because of its volatile nature but the government and the banks will not allow it. The government will not like a currency that is not controllable by them since it has a negative impact on society and governance. A currency that cannot be controlled will only give way to money laundering and tax evasion that will lead a country to economic crisis. While you can do all of that bitcoin will also allow us to do good things like having a currency that appreciates in value instead of one that loses value over the long term. If you are reffering the words "one that loses value over long term" to fiat then it's actually wrong, bitcoin and fiat is the same and both have the time to have its price to increase and decrease, if you ever have done trading in both fiat and cryptocurrencies then you must have already know about this. it's the matter of circumstances, demands, and any other factor |
|
|
|
If i had 40$/day, I wouldn't invest in any sites of cloud mining, because i have a bad experience with Hashoceans in summer and many others cloud mining sites.
I think maybe genesis-mining now the trusted one now, but it's not mean it's a safe account.
Anyways, If i had this amount everyday, I use it for Trading or gambling, Also maybe i can save it until bitcoin grow up more ...
More than 50% cloud mining scam or not give what they promise, even hashoceans which everyone feels don't believe if it will scam. It very trusted before scam everyone. So in my point of view i agree with trading bitcoin or multi pool as additional income. hashoceans already predicted as another incoming scam because the system or concept just as the same as another HYIP, people only get lured to it without knowledge and as a result the amount of people trapped is pretty decent, the only trusted mining site so far is those which founded by bitcoin mining hardware provider |
|
|
|
I think a huge drop stops. I am sure, the current price is the normal price and the real price of bitcoin. Well, maybe we start the year with a high price, but it can be said that this year has just begun. I think this is a good start, even though the price of bitcoin down so great.
yes seem like the price correction is coming this week and will set margin for next days to come Believe that this will possibly increase price and maybe return to 1000 level Don't expect that much though, $900 above is fine but $1000 will be even better but i don't sure the price correcting might drive the price return to $1000 because most of price correction not increasing that much , as for now the rate is $800, i'm pretty sure the $900 will be realistic point. |
|
|
|
Trump will not care about bitcoin, if he wants to push digital coin's usage, he will possibly instruct the fed to create a FedCoin or something, he can't use a coin that he doesn't have the control of.
But when Mr. Trump choosen as USA President, bitcoin price was up so high. If he support the advance of technology, probably he is support bitcoin too. Of course he doesn't need to tell us. For me President Trump is good for bitcoin. The bitcoin price wasn't rising because of the good effect of Trump but it's because the dollar lost its value and decreasing its value then bitcoin automatically increasing against dollar due to high demand because of those who want to keep their wealth against the inflation of USD |
|
|
|
I can not be sure that bitfinex still trustworthy but from what I heard bitfinex have hacked it's right. So may be some part of people (traders) was loss their trust from bitfinex. They are worried about losing money. So to avoid bad results may be move another exchanger for a while until nice conditions comes back.
The fact is bitfinex still the 2nd largest exchanger around the world it mean that the hacking is not make the traders lost trust against the exchanger but the opposite, the traders still put their trust to the site and still trading there as usual, it's because the exchangers keeping promise to give back the money which was lost,prove it, and the customers have more trust to the exchangers |
|
|
|
|
Show Posts
