I dont think you have to be smart to own bitcoin, I know pretty dumb people that own hundreds of coins - or does that make them smart? - Pi doubt it, some were just lucky to buy it when it was very cheap.
Dumb people will just ignore Bitcoin, they might not appear to be smart to you but I bet there are far more things they can do than what you can do  . You might have an advantage on technology knowledge but I am sure they have something in their stash of skills that will leave you amazed. And yes I do agree that smart people buy Bitcoins, they know the history and learned about internet craze when it was just booming and see potential in Bitcoin that is why they are spending their entire wealth to ride this Bitcoin train. |
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Too late. They already did.
Wasted money for just some little pump which is just for them. That is the problem when someone is controlling it. They could really make some moves that will be against you.
Perhaps now they have learned. Next time they wont be a victim and will come out wiser.
The problem is when someone cannot read what is happening, not if someone is controlling it. A smart trader knows the all around of the stuff he is trading. We know that it is a pump, why jump in and Buy? It would be best to sell and buy at dump. But I guess there is always a first time for everyone, now lots of new people will know that when BCH is skyrocketing, someone is manipulating it for their own benefit. So better not to fall to the trap. |
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It really is getting out of hand. It's a problem when new / inexperienced people looking to enter crypto sees this ICO as their first taste of crypto and end up getting burned. The fact that ICOs use facebook / instagram to promote to unsuspecting people... really worrying
The problem is not promotion of ICOs in social medias, the problem is that people can’t or don’t what to read all documents and check ICOs on their validity. I personally suggest to do several steps before given investing money: 1) read docs and look at the content and quality, 2) meet team members or try to chat with them, 3) make a sanity check of ideas validity, 4) google more about team, 5) try to make personal meeting or visit the team. True people are either lazy or just lack the knowledge to know what is a good investment of ICO and what is not. They sometimes goes for the ride of having discounts during ICO and sell them the first time the ICO had its firs exchange. Oh well we cannot blame them. Profit is profit and no one will refuse that. |
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Theory
I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
I think the panic buying will continue until the last day before the fork. I agree, people are buying Bitcoin because of the hype of receiving bitcoin gold which means extra earning for them. I think after the fork, bitcoin will have a small dip before sewit2x hype kicks in. It needs time to sink in the mind of people before it affect the market. |
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Meaning we wont be talking about bitcoin in terms of value (0.001 or whatever) but...
in satoshis. And when someone mentions like "half a bitcoin" ur like "ur talkin a lot of money here" 50 million satoshis...? damn..
I think it is already been measured in satoshis, me and my friend are talking about thousands and millions of satoshi in every altcoin price. It is quite hard to say 0.xx BTC than saying 1 sat. I think users already knows about this and already calling Bitcoin amount in satoshi or mBTC and other units of Bitcoin. |
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Well this is the trademark of Bitcoin >> Wild fluctuation and crazy spike. This show how premature the market of Bitcoin is. And traders love this!. Many knowledgeable traders have profited in this wild ride while those who pretend to be one fall off the ride. I think we can still see this kind of wild fluctuation for another 5 years . |
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I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
nothing would really happen to bitcoin without china because as you see thesedays bitcoin is back and still increasing and soon will skyrocket and reaches to the moon, no matter what crisis its facing. the storm has passed and theres a new season that is blooming on to bitcoins and lastly we wont be dead without china or other countries and online exchanges. Same thing here, Bitcoin does not need china, The loss of one country does not mean the end of the world for us. Bitcoin is a currency for international, it does not mean a currency centralization in a country like China. Therefore, the opportunity from bitcoin is for everyone and It's still profitable because it's still on rising their value. Of course, Bitcoin is decentralization system, it does not like currency is centralization in any country. So, no country can controls the price of Bitcoin and only the Bitcoin community can decide its price. Today, the price of Bitcoin has proved it still strong without China is right. I agree a country will never control the price of bitcoin but they can control the transaction of bitcoin in their country. They can either ban or allow the use of Bitcoin. If ever they banned it then they can prosecute or arrest those who did not follow the rule. Thus, making bitcoin less popular on that country in terms of usage and transaction. |
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I think the next announcement of OP would be Bitcoing breaking $6000 barrier. I am very positive the Bitcoin will break $6000 in no time. There is a big hype around the market and the acceptance of amazon and google for bitcoin as payment made it happen. Aside from that, the upcoming fork gives FOMO to investors because they wanted to have coins on the minor chain for additional profit.
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I think there will be a sell off after the fork. FUD might spread during those times so probably yes, there will be some dip before the next level of Bitcoin is achieved. I believe Segwit2x will really give bitcoin so much popularity because it is the gateway to enable future updates of Bitcoin such as lightning network and more.
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We should be $7k or $8k by the end of this month. And $10k by the end of the year.
I hope this thing will happen but I think it will be around $6000, after this October and around $8k at the end of the year, Bitcoin is currently struggling to get way pass $5950 but I believe it will eventually get there ($6000). I believe the upcoming segwit2x activation will boost Bitcoin further. |
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I think there is much difference today than the year 2013, we can say there is really a great hype today in Bitcoin but this is well supported by the community. Today, Bitcoin is accepted in different country unlike in the year 2013. More company had adopted Bitcoin and there will be more in the coming days. So definitely this is not the same as 2013 bubble.
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I am still at less than 1 Bitcoin because of the fact that I am investing them to ICO and altcoins. Though with the recent spike of Bitcoin price all my holdings (in altcoin) was a blood bath lol. Anyway I hope to convert these altcoin to Bitcoin soon but with this red mark, probably I need to wait until all are in profitable trend again.
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Every investment have risk. EVen with bitcoin that is known to go up in price have risk. There is 100% zero percent risk free investment. I would say better have some reserve for yourself. You can either go 70% to 80% of your money and have 20-30% reserve.
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in my opinion not only unemployment in bitcoin, many rich people who also invest in bitcoin. because bitcoin attracts many people to invest because bitcoin prices continue to rise, so that's what keeps people interested in being bitcoin
Right, even rich people are trying to earn bitcoin because they know that investing in bitcoin means more fortune. You can't blame those unemployed people for giving so much attention to bitcoin than and not look for regular and stable jobs. They found a way for them to earn money more easily and conveniently and that is just normal. Looking for a regular job is very stressful compared to bitcoin and I know that you know it too. If you are already rich then getting bitcoin is a lot more easier for them than it is for us, they can just buy whatever amount of bitcoin they want and keep holding since they have no need to sell those bitcoins like many people here in the forum that needs to sell some of their bitcoin in order to pay their expenses. True but it must not hinder us to earn and work for Bitcoin. Millionaires can easily buy a huge number of Bitcoin but to the expense of their own capital, while those who work can spend just a little since they need to pay for bills but the return is somehow bigger. If we manage to know the all abouts of Bitcoin earning then we can be able to invest in Bitcoin next time. |
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It seems that all the target price is already met, any more target price for Bitcoin to achieve? Well as for me I think bitcoin price will continue to increase. I am always positive that the Bitcoin upgrade that will result in fork is bullish. Why? It give bitcoin holder a bonus once the minor chain coins become available to trade in the market. And this is what the trader is waiting. To get extra Bitcoin so that they will have extra coins when fork happen.
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ICO is too much for now, maybe it could be good. It will be very effective.
ICO just keep on popping left and right, I think this must be regulated so that only capable developer and those who comply with the rule will have the right to setup an ICO. The government must act to protect their citizen from this fraud/fake ICO and make sure that only legit will ever perform this kind of crowfunding. The age of anon dev is already over. |
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I am interested in UTRUST ICO because of one reason, they are offering a paypal like service but with added customer and seller protection. Aside from that, they might be among the early project that implement KYC and AML, which means they are complying with legalities needed for such project.
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With all the 'pain' I'm getting every time I use Paypal (part of it being because of Paypal services limitation for my current location) & the 'easiness' of using BTC and other Crypto Currencies, I'd say YES
How about the pain of people who uses BTC and easiness on using paypal? I think no. Either way this two can coexist and paypal can even adopt bitcoin api payment so that they can take advantage of blockchain technology that Bitcoin offers. Aside from that, this is another set of client that paypal can cater so I wonder if bitcoin will really overcome paypal . |
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I do not think that cryptocurrency make real money disappear. Government will not allow that a currency that is created by an anon dev will make their currency disappear. Aside from that government have all the authority to make sure that their currency won't come to extinction. It will probably adopt the blockchain system and make it real money.
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Saving Bitcoin and just wasting it for fun sounds non-sense for me. If ever we saved bitcoin, we should have in mind that we are doing it for the future purpose. With this , you can make the life of oure next generation easier and at the same time you can enjoy the fruit of your savings when the price goes higher. It will motivate us to strive harder to save Bitcoin if we have good reason why we are doing it.
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