Well well,
I announced it before, but now its official: The king Bitcoin is death.
Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day.
Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners.
Ethereum gonna be the new king for some months, but he is like bitcoin.
With increasing fees gonna be dead soon too.
When i said dead it means no longer number 1.
And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions.
Maybe this king is already there: IOTA .
With something innovative than the very slow and high fees blockchains system.
It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King.
I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model.
Yeah I am not in any side but I think that Bitcoin is already dead too, because of miners' fees, because of new coins that have potential, because of unsurpoting of some governments, Bitcoin is already dead or GOING TO die That has been said many times and it is a something that has not happened, eventually the scheduled changes happen in one form or another, while the price remains upon 2.5 K means that people still have this as the first option. |
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Topic: Next 5 years, BTC will be 50000US, ETH will be 5000 US, IOTA will be 500 US Next 3 years, BTC will be 30000US, ETH will be 3000 US, IOTA will be 500 US, LTE will be 500 US.
Do you believe it? How do you think all next 3 years.
Your topic does not match with OP, You need to fix this before than somedoby can comment on this subject, the numbers that you estimate are different in one and the other, maybe you should fix that first. |
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Which is more profitable and most preffered by the many?
Bitcoin, of course. Although there are a lot of investors said that DOGE (dogecoin) has potential to raise up in the future but if I have to choose between Bitcoin and Dogecoin, I would choose Bitcoin for sure I think the majority will opt in their reply to mention BTC for many reasons that are obvious, however there will be those who choose Doge, is necessary to remember that this year Doge had a significant rebound, and if it is kept above the line of the 100 sat. will surely keep on talking of many users. |
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I think Ripple(XRP). It undervalued, should 0.5$.
I do not think that in the short term it will be like that, after the price has been falling after that great rise that had, the price could well continue to fall even more, right now i do not think it's undervalued, in long term it could be who knows. |
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Stop complaining about bitcoin. Even though you hate it, you still have to admit that it is very great and awesome and has been used by many many people around world. People only care about ethereum when bitcoin gets stuck. When the HF succeeds, money will return to bitcoin and more and more will buy bitcoin
es that's people who like to trade, if the coins they hold down the price, then they will hate it and continue to complain. I think it's just natural things. That's true, is like in sport, their teams lose a couple of consecutive matches, and people start to complain, it is impossible for things to always go in the direction they want, therefore there will always be someone complaining about one thing while another will be happy with the situation. |
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ethereum can loose its value in next 5 years . Because of lots of scam project which holding ethereum erc20 token and creating token for their ICO.Once the person need to transact that token agin he need some gas means transaction charge in ethereum wallet . So its gaining popularity once people loose interest then it will go down
I think you are right, so long as they do not take special care about ethereum erc20 token about what you mention people could lose interest, but on the other hand maybe not, is the same for example with traditional money, nobody goes and deposits money to an institution that has just opened its doors, although not quite the same, implies that people should do a minimal search before investing in anything, I'm trying to say is that for example some scam coins have not been able to finish even with BTC, people somehow learn to avoid these kinds of situations and on that basis they does better decisions. |
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I think this is a huge bubble that's gonna burst sooner or later. 2 months ago all alt coins were 10x lower in value... where do you think all these money come from? Think again guys... risk only what you can risk because when it will burst it will be huge.
It could happen but the more time passes there are more people interested, so what is expensive for another people is cheap, ideas are diversifying, some will succeed others not, what I'm really trying to say is that nobody knows when that bubble will explode it can be months, years or even decades. |
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Absolutely yes. Investors and traders consider bitcoin because of its price. Thus, they can ascretain if they'll earn profit in bitcoin or not. For investors, they invest in bitcoin so they can earn as bitcoin pumps its value because of big investors. For traders, they consider bitcoin's price so they can earn profit if there is flactuations and volitality.
Yeah price is very important for bitcoin users especially investors or traders. They wait and hold the bitcoin and wait patiently. What they are waiting for is a price that turns high and goes down (depending on the need) Price is very important for bitcoin life The reason why more and more people are interested, is because they want to get this while it is cheaper, having said that, then the answer is yes, as over time its value has been increasing and while that happens, the price does matter, I guess. |
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As we all know it's getting more and more expensive to buy a house, and the rate of growth currently associated with investing in a house is just phenomenal, and obviously too good to not be a bubble. We all know that. However, WHEN will this bubble pop?
More and more houses are being built but the demand for it just continues to go up. And many houses are bought and just left to sit there, not even rented out, fueling the problem further because investors just want a safe and profitable investment.
What do you think the governments can do to avoid this? Put a limit on houses per person? Your opinions?
I won’t call it a bubble because there is the demand and availability factor. The scenario is not only in Australia but also all across the developing nations and the business has grown significantly big as in the last few years. Many experts are predicting the continuation of this trend for decades. So, it cannot be a bubble and it may not burst in near future too. In time of economic crisis all prices tend to skyrocket in this case the one of the dwelling would not be the exception, but in the long run that paralyzes the whole economy and let's not talk about the ecological problem it represents, put a limit on houses per person could be a good measure but not the only one, but everything is connected for example if prices go down at a very low price then would build much more housing and comes the ecological problem, I believe that much more serious studies about the environmental impact in the construction subject must be done but taking into account all people and not only to investors who ultimately only seeks to maximize their profits, Australia is a very nice place, and in that sense must be taken care of as such by his government. |
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Maybe you are right bitcoin can reduce unemployment because I think looking for work in today is not easy, especially those who do not have high graduates, those who have graduate degree also sometimes difficult to get a job, so I think there is no harm if an unemployed person knows bitcoin and start looking for bitcoin so they can make ends meet with bitcoin income.
I certainly do not know, perhaps some people leave their jobs hoping for better income, so a person moves from one job to another, others may actually derive benefits that would otherwise not be possible, maybe it's still a very early stage of any kind of change but it could certainly bring opportunities for some. |
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It is good that young people will go in bitcoin but we cant force all in. If younger generation will become responsible by learning basic process and how to use bitcoin is a good thing. As bitcoin will helps young people for their future needs and can support financial needs also.
I don´t know, it is necessary to see how much more time it would be consumed within the daily activities, the world seems to be in a hurry and other important things are being neglected, I rather believe that everyone comes into contact with a thing when it should arrive and it is not necessary to rush things. |
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The banking system is about maximizing their profits so if it fits in with that agenda they will adopt it but otherwise reject it.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
True, Banks are not fools, its should already be in the game for some time ago, they just have to wait some time now, also if it become more popular they will look for ways to create new financial services and charge for those services, finally that's what they usually do. |
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This is quite common. People were much aware about the same that after price decrease soon it starts to grow higher than the one from which the price went downwards. Now too the same is taking place soon we can see the price to be over than $3000.
There is much optimism in this forum about prices, but sometimes the price goes in the opposite direction, after it finally recovers I think that is the reason for the optimism that is perceived. |
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If you really had a chance to invest in litecoin before the current rally started then it was a worthy investment,really interested to see how long this rally stays as they never had a break out rally for a very long time and the volatility is really low with litecoin and that is not the case with bitcoin as you will always have a good opportunity to make good amount because of the volatility.
Curious that although the title does not mention the price, always only the price is associated in this kind of contest and it is automatically answered in function to that and not to other factors such as speed, safety, propagation, etc. |
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I know it is possible to sign up as a company to invest in Bitcoins on almost all exchanges where they sell Bitcoins.
But I am just wondering, what is preventing companies to invest big in Bitcoins and then pretend that someone stole their private key and stole the funds, but in reality they just send the coins and exchange them through a bunch of different currencies and Monero etc that is "impossible" to trace? Will there not be a lot of money lost this way? I mean hacks etc are happening all the time so how would someone prove they did not get hacked?
I see that not everyone is understanding your question, some peoples yes but not everybody ie take advantage of a situation where a site were stolen funds of some users and not those of that company that surely ran with luck because theirs funds could remain intact, what I think is that a serious company could not do that or try to invent something like this. |
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Do you think if we create an initiative group for the legalization of bitcoin. To find uninhabited island, to announce the collection of funds for its acquisition. Everyone who contribute will receive a piece of this island. Based on the state of Bitcoin official currency of this state to make a bitcoin. Do you like this idea?
It will not happen, every single piece of land has an owner, and when a new piece of land emerges due to volcanic activity or something like that, a government will claim ownership of that land, so unfortunately it is not possible to do that at the moment. Anyway that does not stop that somebody can buy an island or yes? The thing is maybe that you could not buy much on that island, perhaps the direct exchange of goods would give much better result on that island, but in any case there isn´t need to mix one thing with another, it's almost like saying legalize internet, oh wait, was it ever oneday illegal? in any case could be try of "regulate" but depending on what or for whom, only starting from there already represents a problem define it. |
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Now the price of the bitcoin drop again, this makes me confused to continue to hold bitcoin, supposing I sell when $2900 certainly I will get over $500/btc, this makes me have to be realistic not to hold when prices bitcoin are already high.
With that you would be saying that the price would not go beyond, it is a very safe position, but what if it does not happen like that, if you decide to go back later you can lose the $500 in the best of cases what you put as an example, because at some point the price can reach $3400 but I clarify, I do not know if it reach that price. |
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A lot of power. That's why the price can be stable. Traders are a necessary work-force that keep things under the markets control.
First we would have to differentiate the type of trader, those who have more coins or money they could certainly exert more influence than one or more small traders, so in function of your investment and strategies seek to maximize your profits trying to manipulate the price, but they are only part of the puzzle, there must actually be many more factors that significantly affect the price even more than traders. |
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From the last drop all i were able to be almost 100% sure is that bitcoin wont go lower 2000 dollars anymore, looks like it had found a big resistance to keep above 2000 dollars, soo the future will tell, but i doubt we will see ever again bitcoin at 1000 dollars.
Its highly unlikely that we will see bitcoins below $1000 dollars but its recent windfall is very worrying, And we dont seem to have any idea on why its falling, is the market being manipulated by some people? Why worried? You guys just noticed how much it goes down but you forgot how high the bitcoin price goes up and established prior to this price decrease. People don't ever forget that bitcoin price is not always going up. Forget that we just stay on $1,000 for just a short term and now sitting at above $2,000 now? The price decrease went down to $2,300 but that's it and we can see that we have a strong support there. In just 2 days we are again at $2,600. Just play the game and don't stressed yourself. The one who should worry is those who doesn't have bitcoin today. This is not what you should pay special attention to The major problem with this logic or reasoning is that it doesn't go very well with what every sane Bitcoin holder, trader or user feels. Deep inside almost everyone understands that Bitcoin is very far from gold (in respect to its intrinsic value), that it is basically a virtual asset which is worth essentially nothing, that most of its value comes from outright speculation and profiteering. That feeling is the primary driver for panic selling and intense volatility, and you won't be able to get rid of it even if Bitcoin always rebounds after a crash and makes a new ATH in the end The same situation is with paper money wich is worth essentially nothing but you do not go to a restaurant for example and you pay with gold but instead you pay with cash or with card because it's more practical, in the other hand, there is no one-to-one relationship between virtual asset and the gold for example, so it sounds curious and contradictory but 1 ounce of gold is very far from 1BTC and there already the balance is completely changed, for purposes of trade and transactions BTC looks like much more appropriate that gold is, and in his moment who paid attention in the past in the gold years ago will surely have benefited or simply cost him/she less than would have had to pay today and this meant a saving, in that sense the price plays an important factor. |
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Have you tried going to places and get hungry but you have no cash available with only bitcoins in your smartphone. Here are the list of bitcoin accepting restaurants that will feed your stomach with delicious cooking in exchange for bitcoins. This is a sign that bitcoin is truly amazing that even restaurants and pizza stores have seen its value and started to include in its payment options. Check the list on this link: http://bitcoinrestaurants.net/This is cool. More way to spend bitcoins. There is a few in my area I did not know about. Gotta go try them out soon. It would be interesting to know if somebody can tell us in this thread the experience that he/she had, I mean if food dishes prices rise a lot by paying that way, or with the fluctuation of the BTC prices for example , so a coffee cups cost different each day in BTC terms, so I think that people will go more and pay that way when the price of BTC goes up. |
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