Finally they admit that some cryptocurrency will be traded globally in the future and it is a contrast on what they said earlier about the entire market, if they can come out and claim that bitcoin wont be the globally traded currency in the future, which decentralized coins have that ability, they can just close their eyes and say anything but the world will move on.
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Bitcoin has a general depletion feature and to exclude Bitcoin's broad set of charges is not possible. If Bitcoin is collectively known, the price of Bitcoin can control by its owners. At present Bitcoin is decentralized, but some Bitcoin owners in large numbers are influencing the way it moves.
What is broad set of charges, i did not understand the depletion feature you are talking about bitcoin. The price of bitcoin cannot the controlled by some individual, yes there are earlier investors who holds a large amount of coins, unless they plan to sell off the coins nothing is going to happen.
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Bitcoin will drop from 7k-8k dollars then after two weeks it will rise again to 9k, by the month of june it will hit 10k then continuously rising up till october then it will drop a little bit by a couple of weeks then the price of bitcoin will hit 20k dollars zone by december.so invest now buy bitcoin and hodl it.
It is really difficult to predict how the market goes but i expected this crash because the resistance we had at $10 k was really high and the market was not going anywhere and so i expected a correction before crossing the $10k valuation and i am not sure how long it will take to cross those valuation but i am positive that the next push will take the value above $10k.
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The decentralization system certainly makes all things scaled, prices can go up and down thousands of dollars a day, of course this is a very interesting thing because everyone is speculating buying bitcoin in the hope that prices skyrocket in a short time.
Scaling and decentralization are entirely different thing altogether , we have a scaling solution now and that is lightning network and we will see how things will go from this situation, it will take a longer period of time for everything to sort things out and if that happens it will sort most of the problems.
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The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.
We have seen these sort of markets in the past where the price is showing promise and we will see that again, but the important change now i see is that the price is some what stable for a few weeks now and it is trading around a small range which is great, i like the gradual growth but expect to see a correction every now and then.
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Different people have different opinion but I think bitcoin is new part of strong currency. We need some help from government or national security for monitoring and providing strong security for those people who are working into this sector. Even more people are affected by various criminal attack that reduce and demotivated to work in online earning. In future proper security and more effectiveness of virtual currency can contribute economical development.
The basic idea behind bitcoin is to have a financial sovereignty without the reach of the government, i really do not want any government to snoop into what wealth i am holding, the criminal attacks can be stopped if you are a little intelligent, never publicly brag yourself about your digital wealth, if not no one is going to know about it.
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The bottom line here is - as long as there is a value that backs up a currency, and that value has a demand, then your currency will never be worthless. Everyone can produce their currency and back it up with assets.
The main problem is how do you evaluate all the coins in the market, majority are just pure speculation and people are holding it expecting the price would go up and i am sure we wont see many coins in the market in ten years time, in reality we do not need those coins in the first place and once the regulation rolls out i am curious to know what will be the fate of privacy coins.
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I believe next step would be breaking this resistance of the bitcoin and getting the price of 12K USD for sure. Yes it will again happen, gradually but definitely in my sense. We just have to be very calm during such period where panic sell is another drama that can happen. So better watch out for this!
If we are able to break the resistance at $10k then we could go higher pretty fast, but the resistance is a hurdle, last year we did not have any trouble breaking that valuation but now it has shown to be a major hurdle and i do not see any correction coming up, the market is stable and everything is going smooth and i am waiting for institutional investments to come in so that the price would go higher.
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How do you guys trade new coins ?
They are not expectable at all . A coin can dip hard while other can moon and TA seem to be less effective since there is no history of the coin . It depends upon the projects, if the project is really good and if the price goes down than the ICO price, usually it does go down because bounty hunters might sell the coins as soon as it hit the market and if the project is good the price would recover, just monitor the team and their main wallets and look whether the developers are selling the coins, if you find that, just avoid those coins.
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This just goes to show how HODLing too long can cause complacency. You have to remain active in that which you believe in and even take the necessary precautions to ensure you don't lose what could amount to millions.
It is not about complacency, these things was a common factor in the beginning where people loosing their coins because people were not taking it seriously and usually they forget the private keys or the wallet itself because the system broke down and so on, i know a lot of people that lost their coins and i lost some coins and i do not even know my wallet address as i could not recover anything till now because my laptop HDD crashed and could not recover most of the files.
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If you believe that Bitcoin will be used as a payment instrument in the future and in the world, you should make your investment these days. At the right time investors will have a chance to become wealthy investors.
The use of bitcoin as a payment instrument must be the vision, if not this will be a place only with speculators and i do not want to see bitcoin as just a speculative coin, we must be able to use it as a global trading coin and i am not here to make millions, but if i end up in a profit because of my investment i am more than happy.
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Questions like these often appear and are started by beginners, usually questions like these will only produce predictable answers just the same as in previous years, and while we are still grappling with the development of bitcoin at the moment (we do not know the bitcoin will move Where?...).
Let us see how the market moves, it is basically moving higher or lower simply because of speculation and the main evidence is that the price moves according to the market news, if there is a negative news the price goes down and if there is any the price moves higher, once there are more hops in the lightning network then we could see more growth in the price.
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It really changed cryptocurrency because it is the first cryptocurrency that implement smart contract that can make a token on top of Ethereum. It is an enhance version of bitcoin and others are also following the footsteps of Ethereum.
It was an interesting development and it made things easier for new ICO to use them as a smart contract, but now we have more competition in the market that would allow the same and one of the major recent news i heard is that the next upgrade in bitcoin cash will add smart contracts in its infrastructure, which is rally huge when it comes to BCH and we will see those competition will prevail in the long run.
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Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?
Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.
I do not invest in each and every project but if any project that has an interesting project and a good team behind it then i would risk some money in it in the form of ETH and the most amount of money i ever invested is when ETH was coming up and the hype behind it made me to invest in it to make a fortune that i missed earlier to pick the coins at a cheap price and it was a good haul.
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The newer futures trading platform will allow them to lock in profits from the rise, and suck money away from those who have bought contracts expecting the price to rise exponentially. The price will continue to rise until they have managed to open enough put options to trigger the drop. Remember guys - Jet Cash warned you about the price movements first. You prediction was right, the future market is one of the reason for the crash, but the liquidation of the MtGox also fueled the correction in a big way. I believe that the biggest threat to Bitcoin isn't blocksize or stuff like that, it's exchanges that steal people money, or can't keep wallets safe.
Without a doubt the so called "hack" by the exchanges when ever there is an increase in price must the accounted for the coins deposited by the users, majority of the hacks are just fishy, we need to have a system to counter these type of loot from the service providers.
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Bitcoin has not been accepted in many places, so people's lives still need to have a virtual currency, now many people are buying Bitcoin while the situation has not improved, in the past, we have encountered There are many economic risks and Bitcoin is risky.
What situation are you talking about, what economic risk have you encountered in bitcoin, is it a risky investment, sure there is a risk involved with every form of investment but if you enter the market at the right price then the risk can be reduced considerably. Banking is important at this time, if we need to purchase the coin we need to convert the dollars to bitcoin and vice versa since you cannot expect the world trading with bitcoin alone.
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This should be great news but it is with mixed feelings for me. For me, I don't see any reason why bitcoin operators should be exempted from paying tax. I believe every business should be made to pay tax. There should not be any sympathy for anybody, including we bitcoin fans. Business should be treated as business and emotions should not come in.
There is nothing weird in their decision, it is a good decision which accepts bitcoin as a legal tender and hope this rule will be used in all European countries and in my opinion the decision they made is the correct one, if you are converting the assets to fiat currency you will be paying your taxes and not for purchasing products with it.
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if bitcoin is not inventend we have to do is we take a class and graduate and find work. and this work is hard i thankful for Satoshi Nakamoto for invented bitcoin because bitcoin is easy work and sure income.
So are you telling that you are a drop out and that is simply because you found about bitcoin and you think this forum will provide an income. Good luck finding a real job without a college education. If bitcoin was not invented by Satoshi Nakamoto, we also have no forum like this that gives us opportunity to have a decent online job that really helps our family. No forum like this that gives us information on how to mine, invest and trade that gives us extra income.
Why is everyone talking about this forum when the OP is asking about bitcoin, other than these bounties there are no way in which majority could get the coins other than having a real job and investing in it. @OP what if this thread is not created, it is as simple as that, nothing happens.
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I would like to say that my legit entry in the spreadsheet is 58. But i saw some ..... enrolling multiple times with my ID.Remove 301, 123, 217 , 254, 278 .
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