I knew that there are a great many of people in my country use Bitcoin but I dont know whether Bitcoin is legal or not?
You need to read about it on internet cause it depend where you are living, in 100% you will find info about bitcoin legal or not in almost whole countries on net.
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Why is the price dropping so much right now? The price usually goes with the trend, it can go down or it can go up regards of the outbreak of news. - It usually take upto 3–5 days for bad news or good news to influence the market. If you would do a thorough research you will discover that the news trending now is that many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar) which is a good development for etherium. For me there is nothing interesting cause whole market now has a little down even bitcoin as you know so we have to wait for pump which will hopeful be soon.
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As the title suggest new to crypto, small investment of $500, which coins should I be looking to invest in?
Thanks in advance for any advice given.
It depends if you want to risk or just invest and wait, in second case just invest in first five coins if you want to risk try to buy some thrash coins and wait for their pump (you could lost everything fast too).
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Goverment could even close every transfer in crypto in their country so it depends where you life or you are going. PS. In my country we are still waiting for answer about "crypto law" so now almost everything is legal.
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Based on the news, bitcoin might hit $50000 by the end of 2018. Is this possible? If so, what are the reasons?
Yes it is possible, bitcoin will pump in near months or even weeks and it will be going up like it did last year, so 50000$ is very possible price.
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Waves willl pump more and more in near time, maybe not 10 Times but i think something around 5 is very possible. Just try to buy some imo.
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Look nowadays, your thread is timeless cause bitcoin will be going down and up always even after next 10 years and that is why it give so many opportunities to earn something by only buying and selling it.
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Etherum, it will rice and probably one day it will be better than bitcoin. I strongly believe that in this year it will hit more than 15000$.
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Japan, China, USA for me nowadays are the best developed countries in this type of services, i hope that in next years more countries will follow them!
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Have you ever thought about buying bitcoin for your children as a future investment?
Yes of course, i bought bitcoin for my future not for now, i try to invest my whole savings in crypto right now, i hope that it will give me possibility to just have better start after finishing university.
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SIGNATURE Bitcointalk username: MuffinMaster Forum rank: Sr. Member Starting post count: 1184 Ethereum address: 0x39ED65Dea105fBf385D0a3C5948701d60B323c15
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The bounty program is ended? When the token will be released? Thank you In Whitepaper is clearly stated that token distribution will be four weeks after the end of crowdsale, so you can expect that transfers will be released around 7th of February. I think it will be sooner, almost sure! It would be nice if they release tokens earlier. Actually, it looks like all is already counted, token is on first exchange. Soon it should be listed on BitBay. I see no reason to keep them for longer.. Lets the game begin!
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What's more it is dependend on you and you just secure and decide what you really want to do with it and it is available 24/7/365 that is why it is getting so popular nowadays.
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Why not? Wait for a little down and buy it. Ripple is one of those coins which you invest and in more than 80% you earn so just do it!
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Yap. Because every time I go in the mall some products prices are decreased
Cause then lots of people decide to just sell their coins cause of greater demand for material currency then, that's why prices has down those Times.
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Ripple nowadays has some potential to just make his ath bigger and bigger so maybe invest in it and hodl for short time?
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Bitcoin will change a lot more than finance. It could also change how software is built and upend a bunch of today's biggest web companies and Bitcoin was designed this way to make sure that the same Bitcoin, which has no physical form, isn't spent twice by the same person.
Bitcoin will change alot but not everything....Although Bitcoin will become a famous and Popular but it cant change everything...Bitcoin can change the lifestyle of users but cant change the whole status of life of one person or user. It could, bitcoin could just replace dollar, bitcoin could be a currency that we will be able to pay everywhere, bitcoin could just bring new look of payment in nearest years.
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For holding 2 or 3 months good will be waves in my opinion, just investing in it right now still has potential to just earn some.
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No one can really tell what will happen in the future but I do believe you can profit off it, I advise you to invest in it but only invest what you wouldn't mind losing.
Investing in bitcoin is like 99% sure that you won't lose and after even short time hodl you will be able to earn some money.
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Hard to say but maybe MONK or Syscoin could just pump for more than 4x Times of course they could hit even 10x more like you want to.
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