Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
for this case it is not as fast or as easy as we imagine, but this hope can occur. see some developed countries have begun to legalize bitcoin in their respective countries. there is nothing wrong for us to expect more and help realize that all this can happen. because in the future all will turn to the digital world including virtual payments. |
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Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
hold, using your bitcoin to buy other altcoins. and try to slowly increase the amount of bitcoin by trading in other altcoins. so you do not experience losses even though the price of bitcoin decreases but the amount of your bitcoin continues to increase. |
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why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic. we will see from this graphic : 1. On April 29, 2013 the price of Bitcoin was only $ 135.30 2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14 3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again 4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017 and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short. I really agree with your opinion, indeed when viewed from data based on graphs a few years ago bitcoin always experienced an increase at the end of the year and will decline at the beginning of the following year. so I conclude that I will see the last price in this year, I hope that at the end of this year bitcoin will repeat its glory as in previous years. |
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I see a lot of people claims that crypto is the currency of the future and in few years the value of one BTC would be around 70-100k How do you think this industry will evolve in the future and what would really happen? Remember the date, 10 years from now we can come back and see if we right XD  in my opinion, bitcoin in the next 10 years is growing or not we will see whether bitcoin has reached its maximum supply or not? if it has not reached its supply, prices will develop. but if it reaches supply, the price of bitcoin can rise and can go down. why can it go down? because when bitcoin has reached its supply there will be no more miners. so there are only investors who can determine the price of bitcoin itself. |
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Keep calm and stop to see this as an exchange... We all realise that Satoshi made a wonderful economic system that's changing the world right now. More than 75% of bitcoiners is taking this like a bubble, where you should buy and go off when you earn the enough or till you "grow rich". Letīs realise the real insight of Satoshi was to make payment system method clearing the need to trust in a thirdparty and to clear the double spent in transactions. Letīs start to use the Bitcoin as it should do be taken and realise that another incredible advance is the Blockchain technology. I am seeing many people getting worry because of Bitcoin is going down its price, this kind of people should read the Bitcoins whitepaper, and to stop to treat bitcoin as another fiat currency. This is just a thought about all I am watching in this forum and in others social sites where people is just taking this as another exchange to make trading and they areīnt watching what we have in hands. The chance to change the world literally and the opportunity to make worth the economy worldwide...  this is all because bitcoin is the predecessor of other coins. and this is what causes stability or investor confidence in bitcoin to remain stable. To be sure, bitcoin will never lose investors. |
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There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable? Your opinion in my opinion, the old project was not necessarily unprofitable. because it is profitable or not a project is not determined from website data such as CMC. but the increase in the project or the sale value of a project is determined by the foresight of the developer in gathering and aiming for the project in the future. |
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In my years of experience with bitcoin there is only one effective way to avoid scammers. In joining ICO even if you do your research you will not know that they are scammers until the ICO is over. Even if how many preparations we do or make in the end we still end up being a victim to scammers. The best way to avoid scammers is to no invest your bitcoins. Just hold it in your wallet and hold it for a long time and when the price is right you can sell them and you will have a good profit.
don't choose projects that are easy to understand, recognize skimmers in bitcoin, don't be easily fooled by fantastic promises, don't open strange link links, investigate the reputation of providing bitcoin services. and make passwords a little complicated. I agree with you, the emergence of scammers projects has made new investors who do not know more about the world of Crypto, many feel disadvantaged. and in my opinion, the opinions you give are helpful enough for investors to be more careful in investing their bitcoin so they don't get hurt. |
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Found some technical analysis taken on ethereum and with the report, it is looking real good as it seems ETH has prepared to take on the train and prove itself once more that it is th king of alts. Well, lets hope the TA becomes real and we see our dearly ETH come up once again.
I agree with you, but there are some points that must be considered, such as the fluctuations of bitcoin itself because after all Bitcoin remains a reference. as we know bitcoin is a key increase from other alt coins. |
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