Bitcoin Forum
June 19, 2024, 05:03:06 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 [5] 6 7 8 »
81  Economy / Economics / Re: Why Bitcoin Is So Volatile on: March 29, 2018, 01:17:52 PM
Bitcoin is volatile simple because it's market cap is relatively small (bitcoin is worth less than Apple). That means it doesn't take much money to move the price. As the market cap gets bigger and bigger, the volatility should reduce.

Meanwhile, volatility is fun for traders  Grin

In this crypto world we accept the fact that the value of crypto coins will increase or decrease it depends on the investor and the people involve for crypto currency.

There are a lot of factors why bitcoin is so volatile.

1. Rate of adoption is hampered by bad press
2. Bitcoin's perceived value fluctuates
3. Too much variance in perceptions of Bitcoin's store of value and method of value
4. Little option value to large holders of the currency
5. News about security breaches make investors react
6. Bitcoin’s high profile losses at are another driver of volatility
7.Bitcoin and foreign direct investment in countries with high inflation
8. Tax treatment of Bitcoin also affects the volatility

These are just few, but as an investor you should learn and understand all of these for you to be aware about how this business runs.
82  Bitcoin / Bitcoin Discussion / Re: Would you still buy Bitcoin? on: March 29, 2018, 12:24:19 PM
here's a friend, have a look at what bitcoin exchange rate today, is it possible to buy?
if not, why should it force to buy?
hold and wait when buying the right one, when the bitcoin price drops.
if it is still down and we already buy, then hold up until bitcoin prices go back up and we can make a profit.
For me, its always good to buy bitcoin at the right time and at the right price. I think today, is the best time and season to invest bitcoin because it is affordable if just have extra money. The dipping of bitcoin and other crypto currencies is just normal, there's no need to worry about. Its just there nature to have peaks and valley of price. We just have to hold it and wait for the price to rise.
83  Economy / Economics / Re: Bitcoin is in danger zone now! the recent dip looks bad on: March 29, 2018, 09:28:27 AM
Nobody knows that. Now, we all get used to this price and the more it doesn't matter anymore. Even Bet365 would win much, I would have been a millionaire if I had deposited the money there.
Well, its actually what it is like in this business. Bitcoin's price will always depend on the supply and demand of the people using and having it. We can't force people selling their bitcoins right now, but we can encourage more people to invest while its price is affordable today. Dropping of bitcoin is just a challenge to all of us, we just keep on supporting bitcoin until its recovery.
84  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a form of gambling? on: March 29, 2018, 06:56:42 AM
no, bitcoin is not the same as gambling, here we work and also try, what about samain by gambling, people wrong if bitcoin is considered gamble.
Well i think all investment is a risk and i could say that it is also gambling. Because, in the first place you dont know what will happen to your investment, its either you can gain profit or you may lose it. Its just like that, as an investor you should be able to know what you are investing for and you should accept whatever happens, may it be positive or even negative.
85  Economy / Speculation / Re: Is It Serious, I Started To Worry...... on: March 29, 2018, 01:54:28 AM
Now I feel worried about the future of bitcoin and crypto in general because every time there was a price correction I saw most people are not worried about the price and they all had the same opinion about it, they all said to wait and hold your coins or buy new more, but now I see that there are different opinions about it, that makes me really afraid of what happens now.

is it serious guys that it is over or what?
Do not depend on everyone's thought because in the end, the only one you can truly trust is yourself. Have your own guts in making decisions critical for your success. My strategy is that I only observe the reactions and opinions of others and recreate a new idea base from my own instincts. Also, never panic sell if you are in a really bad situation because your cryptos/coins can still recover its price.
Yes your right, we should not  depend on others opinion. We should believe what we have learn and understand about crypto currencies. If you have bitcoins right now you should hold it and not to sell it. The more you hold bitcoins the more you could help bitcoin rise its price. Lets just help bitcoin recover by holding it.
86  Economy / Economics / Re: The advantages of bitcoin on: March 26, 2018, 03:29:31 PM
The advantages of bitcoin are having an opportunity to someone who are unemployed to have an extra income, you just have to follow an easy instructions ..
This is not that easy. If you're thinking like you have to do a signature campaign, that isn't the way.

How about people that don't know about this forum? They have to do trading and earn through faucet that really waste your time (but in the other side, faucet is a good stuff to learn for beginners)
Yes i agree, not all people were given the chance to have a knowledge about our forum. However, we could help each other by sharing our wisdom about bitcoin and this forum. I think it would be simple but maybe gradually we can help bitcoins popularity at the same time we are able to help other people.
87  Bitcoin / Bitcoin Discussion / Re: can bitcoin change our world? on: March 26, 2018, 02:41:03 PM
But what does that decentralized technology really do To infer what the intrinsic value of bitcoin I haven't been able to do it maybe somebody else can.Can bitcoin change our world?I want to learn from your opinion.

I could not really say that bitcoin will change the world but maybe it could help people overcome a problem in terms of financial stability. If bitcoin will continue rise and campaigns that help people gain bitcoin will also continue then maybe a lot of people whose suffering from poverty will have the chance to learn and understand bitcoin. Therefore, it is a way to help people change their lives.
88  Economy / Economics / Re: Why BTC is having a high price? on: March 26, 2018, 02:03:23 PM
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
last year's price hike on positive news about bitcoin and even bitcoin legalization in some countries also affected the rate of price increase. but this year's huge decline was due to the many negative issues about bitcoin and crypto that kept prices down considerably.
Its really true about the supply and demand, more demand or investors the higher the price will be. If some whales starts to sell his holdings then let them sell. If we just encourage people to invest bitcoin and hold it then we can achieve like what happened last year. We should not depend on the whales whose playing with bitcoin, its their money and strategy. Just work on how to encourage more investors to help bitcoin rise.
89  Economy / Economics / Re: Three reasons to invest in Bitcoin on: March 26, 2018, 01:21:55 PM
1. I think it is truly international and can facilitate payments globally without jurisdictional restrictions. 2. It is decentralized and free from governmental control, interference and snooping. 3. It's transaction fees are less and very competitive compared to other fiat payment processors. 4. It's the best investment opportunity currently and people who invest in short to medium to long term are really benefiting from it's consistent  growth

Because decentralized, no one will ask to pay taxes and fees in all the money we earn from bitcoin. Being decentralized and high prices make bitcoin more attractive by most investors. This will make them more profitable because bitcoin prices continue to increase
Another advantage is that bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified. Also, bitcoin transactions are very fast if compared to banking channels. A bitcoin transaction is as fast an e-mail and can be processed with in 10 minutes. That's why there are people who trust and use bitcoin already in their daily lives.
90  Bitcoin / Bitcoin Discussion / Re: selling bitcoin is a stupid decision ? on: March 26, 2018, 12:24:24 PM
Selling bitcoin is not a stupid decision. Bitcoin is a volatile asset. If you are not a trader, it is better not to sell the asset.
A stupid decision is investing money in something that you do not understand and asking strangers to dispose of your money.
In this business, its really important that you have to be patient. But its not really a stupid decision, in the dirat place i believe that before you invested you already knew the risks and cosequences behind it. Maybe some investors were forced to sell it because they badly needed the money and they cant wait more time for its rise.
91  Economy / Economics / Re: Bitcoin, how far it can go! on: March 26, 2018, 11:13:02 AM
In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.
My friend for me bitcoin will continie surfing until the end of the word and as long as many people interested to joined cypto currency and to earn crypto coins.
I also believe that bitcoin will gradually recover and rise until we can go where we wanted to be. It can also help to share or encourage more investors to invest and hold their bitcoins. If the supply of bitcoin will decrease then definitely its price will increase. Just like gold, because its rare then its very expensive. So its good to have more investors and keep supporting it.
92  Bitcoin / Bitcoin Discussion / Re: Should I keep my BTC now? on: March 19, 2018, 12:51:53 PM
It is always good to get coin at low price.
Prices shuan very low. If you make profits, get out of hand. Get it again at a low price.
I always believe that holding bitcoin when the price is low is a good strategy. Its stability will always depend on the supply and demand of bitcoin. Therefore, the more we hold it the more demand will it be and the more increase of the price we will experience. We should be patient in waiting till the price value will increase. Lets just continue supporting bitcoin.
93  Economy / Economics / Re: Bitcoin's profit on: March 18, 2018, 09:04:02 PM
I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?


I am less amenable to the comparison with drugs and arms trade, because bitcoin has a small risk level compared to arms and drug trafficking. safer bitcoin
Yes of course, investing bitcoin for me is more safe than with drugs and arms trade. I think both could gain high profit but i would rather choose to have a peace of mind not thinking that i might be imprisoned because i was selling illegal drugs and or weapons that would harm my fellow. Though bitcoin's price value today is low still i would rather choose it than any other illegal trades.
94  Economy / Economics / Re: Most crypto-currencies values went down in the last 4 days? on: March 18, 2018, 07:53:32 AM
The fluctuation is more in monero and dogecoin isn't it? I heard so that they crushed much
The crashed of all crypto currencies were just behaving in nature. Because all crypto currency is volatile, this is both an advantage and a disadvantage in investing crypto. While its low, like what happen now a days investors have the chance to buy it and wait until it will rise again. The other way is the chance for the investors to sell it so that they can gain more profit.
95  Economy / Speculation / Re: What will happen to bitcoin in 2018? on: March 18, 2018, 06:46:52 AM
Price will grown up again!
Yes, i also believe on that. Bitcoin price will go down but it is known that if price will go down it will again rise up. This is one of the investor's strategy, while the price is still low they will buy and hold it for a while and wait until the price will rise and they will sell it to have profit.
96  Economy / Economics / Re: It is not yet over as bitcoin heading toward $4,500! on: March 18, 2018, 04:29:08 AM
The was a time when bitcoin went from  $0.85 to 28 and clash to $3! IF you have followed bitcoin chart you will notice many of this related patterns.
Since middle of December that we have a reversals in price of bitcoin and almost all the altcoins, we have seeing a progressive bearish market. Bitcoin is heading toward  $4,500 and I hope we are all prepared to buy at the lowest price.
  For now , bitcoin price still descending, reaching about 7k , different reactions arise regarding this , some people wants to go down deeper so that they will instantly buy for investment , but most of crypto holders wants bitcoin to maintain price inclination because I believed it is one of the barometer for global adoption of bitcoin.
The global adoption of bitcoin is very possible, since a lot of countries already are accepting it as a form of their payments. Talking about heading its price to $4500 is also possible, its a chance for us to invest. No need to worry about the decrease because its a chance for investment and some time come it will rise again for sure.
97  Economy / Economics / Re: How many people in the world know about bitcoin? on: March 17, 2018, 07:57:08 AM
i'm just curious if how many percentage of all the people on earth know about Bitcoin. in my country i think only 10% knows about it. post your opinion guys.
Many people are becoming aware about bitcoin day by day and we just need to work more in other to be able to see societal adoptions. I believe about 30% of the world population know about bitcoin but few really know what bitcoin stand for.
In my point of view, a lot of people were already know about it and were still learning the uses of bitcoin. However, there are more people who have'nt heard about bitcoin especially those who dont have internet connection. We, as knowledgeable about it we should share and at least give wisdom to those who are interested to learn.
98  Economy / Speculation / Re: Bitcoin recovering ? on: March 16, 2018, 01:32:30 PM
Do you think bitcoin is going to reach june rates soon ?
Bitcoin is considered a high growth currency but with the current situation we see that all the coins on the market are at a low price, I think Bitcoin will soon return to a more stable rate, and We will be able to get a profit from it.
I agree that bitcoin will be able to have a stable price but its not yet today. We all know that bitcoin is just on its development stage right now but as we can see its price value today is decreasing but its not that low as it was before. However, i believe that its price will be better and will increase as people will be more familiar with its uses.
99  Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT DEAD on: March 16, 2018, 12:58:08 PM
Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.

Bitcoin did not die. Bitcoin prices temporarily stabilized. But that does not mean that Bitcoin will end. Bitcoin will never die or end. Because Bitcoin has gained many popularity .
I also agree that the existence of bitcoin is not dead and wil never be dead. I believe that bitcoin will stay longer and hopefully forever. This will just be possible if we will help spread the uses of bitcoin. Its also good to have more investors in bitcoin for us to gain more profit.
100  Economy / Economics / Re: Bitcoin's High Volatility on: March 16, 2018, 12:28:10 PM
Bitcoin volatility is known to be high, as is shown by comparing Bitcoin volatility to several currencies and to assets like stock, gold etc..
I agree that bitcoin is volatile, the reason behind is because of its demand and supply. The higher the demand would definitely affect positively the price value of bitcoin, since the amount of bitcoin is just limited. Therefore, its good that a lot of people would support and use bitcoin so that we would also gain profit.
Pages: « 1 2 3 4 [5] 6 7 8 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!