Nice one, it's already show that if you have 10 or 20 bitcoin now you are a big guy now that the price of bitcoin is over $7000/BTC then think about when the the price will hit $10K and you have 20 bitcoin then you will become bigger guy. I know bitcoin will bring many people from being thousands level to millionaires.
50 coins at $20k would do the trick of bitcoin millionnaire status, or 33 coins at $30k or 21 coins at $47,620 Good luck to all of us Bitcoin believers in reaching our targets both in terms of our personal BTC accumulation level goals that work for our finances and the price appreciation that is needed to help us in reaching our goals. Maybe I used to believe to that mate, but I ma not that consistent on how others think that they already reach that goals. Because in my own idea as long as bitcoin will continue to rise of its value, my mindser won't be change to think of that I am satisfied and say goals is reached. Our investment can inspire us to help us make our goals to be achieve for better future. |
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yes i agreed with you. mmm I think its very common matter for bitcoin price pumping and you can see now bitcoin price is already pump upto 7000$ and i just like to seeing it. bitcoin totally change my life style . i believe that bitcoin will pump more in future
There is an opinion that Bitcoin may be short-lived. Of course, because of such conversations, many people get lost and panic. This of course affects the pricing of Bitcoin. The main thing is not to succumb to this panic and steadily keep Bitcoin on purses. If today we see a price already more than 7000 dollars, then the near future we can see several times more . I think the price of bitcoin got stable now and the reason of that is through the pump caused by wide adoptions from people around the world, who gained interest and desires that bitcoin will increase their profit in the next few years. Those convesations were made by frustrated buyer who wanted to make rumors and divert other peoples thinking so that it will create chaos or panic which they think will affect the price to drop to bigger value. For now we are able to see much better than $7000 in the next few days, as expected hopefully. |
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That is correct, trading does suck. It is a zero sum game. You might think you're getting the hang of it with this new set of technical indicators you have that you just tweaked because some crypto OG on Twitter suggested you do it that way, then bam! Aaaaaaaaand it's gone! Emotions get in the way, greed, etc. It's too hard to stay consistent even when you have a good strategy.
Yes it's really hard to trade nowadays due to dumps of the altcoins, and as we monitored the price of the alts the value is falling. That's best for now to hold the coins they had, because it's proven that after the fall of altcoins same as what happened with bitcoin price drops it will soon rises its value. Never panic when there's a sign of price droppings because eventually you will experience another pump up of the price. |
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The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.
How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.
I still think we will see a correction pretty soon. And then after that we may go for 10k. However if we go to 10k straight, man I don't know. Look at the chart. We need some cool down! Too much parabolic movement without any significant dip will hurt later if the trend reversals, even if it's just for a short while. You know what mate, the correction is always happening and it's closely monitored by the bitcoin network hosts and admins. Well that's a cool thing about it so that we will be given that opportunity to reach that 10K, although the road to it is a struggle but still holders waited that to happen. The trend of bitcoin is having its graphical advantages, and the probability showed positive outcomes as it has been seen progressive several days passed. |
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I use only myetherumwallet for erc20 tokens, i think is the best because the most of us using it.
I agree mate, this wallet has greater advantage than any other type of wallets because it has already an optional downloadable key store file back-up. The private key has a safety features which cannot be hacked by any possible attacker. ERC20 tokens is certainly capable to view with that's why it's having more ethereum contracts right now, and I recommend using this rather that any other wallets for incoming eth ICO's to launch. |
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Cryptocurrencies are better than regular currencies in some ways such as they provide us fast and cheap anonymous transactions within and outside the country. They are decentralized in nature which means government has no control over them so no tax is imposed on the transactions made through cryptocurrencies.More over we can keep a check on our money.No doubt regular currencies do not provide any such feature but regular currency is a traditional and trusted currency which can be used everywhere for our daily needs.Both cryptocurrencies and regular currency have there own benefits.So according to me we need both.
The most reason why it's best rather than regular currency is not just the cheap transactions or whatsoever, but the certain idea about it is decentralized type of currency. We have a freedom to use it in all ways without beibeinas long as it's adopted by people worldwide, then we can see to it that the advantages is greater than regular currency. But we still need to use regular currency for daily spending, and that crypto currency can be our sources of profitable income. |
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The idea segwit2x good. The increase in unit is long overdue. All bitcoin users want the transfers were faster and cheaper. I certainly advocate this to not happen by the bifurcation. I am a supporter of planned modernization without hard forks in the road and negative consequences for all users.
Modernizations has a good outcome, and most of the current situations in the world is having lots of updates and improvement particularly on digital world of Internet. That's right segwit2x is better so that there will be a more secure transactions as well as good service in the blockchain networks and to prevent traffic of the networks systems. All of those rumors and speculations behind was just a negative thoughts and not a reliable source, because it may create confusions and possible chaos. |
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So many new ICO, and they all have new idea and tech listed on their webpages,
and even the websites use the same template...
but so many new ICO, how to check if it's scam, or worth to invest...
The only way you can do is to analyze the project. Do a variety by looking for information do various places, including websites and other forums. If you look at it then whitepaper be one thing that should be the center of attention because there are various vision and mission of the project. You will get satisfactory results if successful in making the right decision. You can also check their etherscan history if that token is an ether contract so that you can determine if their actual token sale activity of the ICO. With that ways of checking I guess its one of the best ways in order for us to have the assurance of investing with a trusted ICO. Whitepaper was just a proposal features but not the actual progress of the project, but it also helps you to gather firm understanding on how the project is going through the progress of it's coin crowdfunding. |
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I think cash is very old. He needs rest. And virtual currency world is coming..
You could not say that cash is an old ones, because it's still used since from new generation. I agree virtual currency is an advantage and the approach is widely appreciated specially if we talk about online payments, particularly on investments like trading businesses. Certainly the coming of virtual currency has been started already but not the whole world, only selected individuals been educated with this kind of crypto currencies as well as digital currency bitcoin and this is so dominating nowadays |
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Just because it worked out in the past doesn't mean it will keep working out in the future. And it definitely wasn't obvious in the past either. Don't get me wrong, I'm heavily pro crypto, but it's still one of the riskiest assets that currently exist.
And altcoins carrying higher risks (which is only partially true) is rewarded with greater upside potential. It balances out.
And just because everyone knows about only Bitcoin today, doesn't mean this can't change very quickly in the future.
In the near future we will be seeing more and more serious and successful companies that started up through the blockchain, regardless of whether or not they directly implement any of its technology in their business. And people will start gravitating towards them in greater numbers as they start proving successful. This will inevitably get to a point where Bitcoin is left largely untouched by success stories in the altcoin scene, unless Bitcoin is directly required to invest in said companies.
So far it doesn't seem like Bitcoin will lose its position as the "crypto gatekeeper", which means that it will keep benefiting from altcoin investors. But that could change quite rapidly in this market, which makes it important to hedge against that very real risk, even it's not extremely large.
I'm not saying the past will dictate the future. But it is clear that bitcoin has always been the safe bet in crypto, while altcoins are an absolute crapshoot. The altcoin market is MUCH riskier than bitcoin. I ain't saying its bad to invest in altcoins, because with that much higher risk comes possible much higher rewards. I'm just pointing out that holding bitcoin is well worth it if someone wants to make a lot of money without carrying the risk of several of their altcoins plummeting downward because that is just the altcoin market. With altcoins it's mostly just a guessing game. Until there are actual successful companies built off a coin or build around a coin, choosing altcoins is a lot of luck and a little research. Anyway, no need to continue this debate forever haha. Yeah more gains could be gotten with altcoins, but altcoins are absolutely riskier than bitcoin. And while you get the security of one investment not being able to tank your portfolio, lets be real, when bitcoin goes down the whole market goes down, meaning that bitcoin is the safe bet among cryptos, and has insane growth compared to ordinary investments. So in no world would holding bitcoin not be worth it when in general it doubles your money every few months. I guess if they do invest in short term then it's better to sell it today or in the next few months to go. Doubling your money isn't that fast and my recommendations will be invest with a vision for long term, because you cannot have to double it if you're a quick seller; maybe you can have the profit quickly but not as profitable if you choose long time investments. As of today's growing value it's not a good idea to sell it quickly at earlier time. |
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Do you think Ether will catch up? The technology is more advanced, but will scalability of ethereum be an issue?
No I don't think that ethereum is gonna catch up with bitcoin, I know that it have a better technology and also faster time for transfer of funds but that doesn't mean that it can surpass bitcoin that easily, it's the most backed cryptocurrency, and also the first ever cryptocurrency to be made. And also that bitcoin is also evolving with time with major network implementations and changes to combat the problems that it is facing now. I agree that ethereum could not cope up with what bitcoin has gone through specially the progress of it value in the market right now. Possibly bitcoin will hit that very high price within five years also with ethereum but still its second to bitcoin, because of the demand still couldn't surpass due to ethereum has to be traded first to bitcoin so it's still depe dent with btc' economy. However if agreed on some exchangers sites in the future maybe there will be an implementation of ethereum to fiat trading, then we can say the possibility is there already. |
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Interesting how a point of view has changed over time. This thread was created amidst rising scaling problems and uncertainty about future of bitcoin.
But the current optimistic approach and progressing bitcoin adoption (Japan, South Korea) caused people to be more confident and positive.
In this situation, altcoins are kinda pushed away, to the second plan. No altcoin is interesting when you can have Bitcoin's price rising by thousands of dollars in short period of time.
Well I see it better idea for those who holds their coins, just like how japan and south korea did despite of the confidence they had. Possibly those investors of alts has the positive ideas of waiting until next year because most of them really projected that next year is the pump of altcoins, due to the dumps that is really going through recently. |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
It's not going to happen, not even $10,000 in plenty of years. We might be lucky if we'll see the price go to $2000 as max ATH, which isn't that unreasonable after we manage to get more investor money on board. But at this point it's a million miles away  Bitcoin selling at $10,000 is around the corner.  So, that is no longer a big deal because in this year alone 2017 bitcoin has gained over 700% increase in value. If bitcoin can manage to grow with even 500% every year. bitcoin will definitely surpass $10,000 benchmark by 2018. Maybe the signs of good profit really proved that bitcon has come to be more dominant if this will happen to surpasd that $10k speculations. That's agreeable that if it will continue to grow next year successively, then there is a possibility that we will achieve that next year. But expect more dumpers when it happens. |
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Hodler psychology is simple and Hodlers always did the most hard thing. "Patience" is the hardest thing in life.
Hodlers have patience and they get the biggest reward and biggest gain in this game.
Of course patience is always needed as a hodler but it's really hard to do mate, that's why most of the investors lose it due to panic. That psychology always relate to an idea of making money mindset, and the real scenario of it is to sell their asset and generate profit immediately. Not with an idea of a psychology which your mindset is always wait until the price pump and pump to a very profitable and stable price, like of todays fluctuations its really good to sell but more decided to hodle. |
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i guess , bitcoin is most used payment method on internet, fast secure and user friendly. but bitcoin cannot refunded , bitcoin is popular payment method now , i shopping on steam their accepted btc payment method , i think is a more better than pay using steam gift card. and bitcoin can used for investment , like long term investment , and the price always raise up. i believe on bitcoin  It's really having an advantages compared to cash in exact situations, and if you compared it to cash stored in banks you even earn doubled value in it's current price. With bitcoin it has higher capability to rise its value even more better, so if you hold it in your wallet online you will be surprised in the future that it will gain its value to the top price. |
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It is quick money if they scam they don't have to work hard for legal money thats why they do it. They want fast money as soon as possible so they scam with it.
There a lot of scammers with bitcoin so you should be alert they want all of your coin.
I know a lot of my friends that got into scam business. Most of them are very stupid to the extent they believe that scam is not an evil thing. They always say that scamming is better than killing people, so that you should scam than kill. But all these things are the same and is punishable by the law if you found getting involved in such. Most of them are hardened criminals and you just have to avoid them. That's true enough but the issue about scamming is it's hard to trace who's person is doing the scam thing to others. We always check our phones or computers because of important emails and so on we have difficulties in people who send us many emails without any prior information for us. It is through advertisements that pops out suddenly and the rest becomes history if we convey with them. That's why people scam because they easily believe on something and if it is really catchy strategy. |
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The value of Bitcoin has endured many fluctuations since its emergence and still doesn’t seem to be showing any signs of slowing. However, in the past two years, the Bitcoin currency has seen a remarkable high in its price, which is dictated by the purchasing power of fiat currencies in countries where bitcoins can be used for financial transactions. Ultimately, this trend that can be seen over the past two years is expected to continue, but at a rate of which nobody knows.
I think so. In addition, it is fluctuating due to unnecessary trading or selling that leads to irregularities of bitcoin's price. Many also are panicking because of the news that popped everywhere. And, we all know that once it is televised, people will easily believe the information that has spread. In other words, it triggers people's or weakens trust about bitcoin. With that,it affects bitcoin's price. |
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It has already been answered a lot of times before.. but yes, there are some ways that bitcoin could be destroyed, the most common way is if all the most important banks decide to spread a massive fud over bitcoin, and this will make the whole market collapse and everybody will enter in panic selling mode, and this will make the price go down by some thousands. And then, some governments will do the same as the banks, and everybody would lost their faith on bitcoin, or almost everyone.
This is such an awkward question knowing that we want bitcoin to continue its goodness in the world of cryptocurrency. Well, anyway I think technology is the one that is always involved with bitcoin and it is smarter as we think because of the memory that it can be stored throughout the years. But destroying bitcoin really a massive critic and stressful to our part. In connection with the technology, internet is the main source to contact or communicate or access about bitcoin so perhaps, this can worsen bitcoin or be destroyed with that but I hope it won't. Bitcoin is important to our country to make it better economy why keep destroying it? |
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They can make an order to stop but they cannot really stop bitcoin. If they do, it will still slip through their rulings somewhere. It is like implementing death penalty to decrease crime rate but the fact is, according to survey, those countries who have death penalty has a higher crime rate than those who dont have.
I think the worst they can do is to make it difficult to use Bitcoin but they cannot stop it entirely. Banning exchanges and some individuals within their jurisdiction can make Bitcoin trading difficult but it doesn't mean I cannot sell to a foreign exchange who will then wire it to me in fiat in my country. You have a point there because bitcoin is now becoming more useful to many of us. We don't even know who's behind this succeeding currency and I think it will be hard for the governments to stop bitcoin. They are just waiting their time with that rubbish attitude and unjust act to people. Instead of stopping why not accepting it in each countries so thta there will be no barriers in exchanging money. The more it is accessible the more it becomes successful. |
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At first people were very sensitive when there was fork of bitcoin cash but after that seems people are more optimistic and bitcoin gold doesn't cause any panic.
We reached 6000$, new record but don't be so optimistic guys and look into past too, bitcoin sometimes acts like aftershock, when you think everything is ok, it falls then.
By the way last summer was a so great chanse to buy bitcoins, price rised from 600$ to 6000$, 10x rise or profit is amazing for holders.
I think there's nothing to worry about being optimistic what matters most is how we deal with bitcoin and the vice versa. That was such a nice experienced of yours if you happened to get that profit last summer. I hope this time since it's $6,000 I think this will come across to have a very good profit as well. Traders will love to hold their bitcoin harder and smarter now that the price has reached on this. |
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