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for me it's hard to believe that the market will recovery in recent of 2019, the movement of the chart was so stable and I think it is bad. No surprises, no good issue even crypto popularity in my community was'nt good like an old days. But there are still few months to imprrove, bull moments may happen in the end of 2019 so I still hold my coin to make sure that will happen.
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
I think it has started to happen lately, people rarely go to the bank and only make daily transactions at ATMs, even paying bills can be done in shopping centers now. I think that statement will soon be realized with technology that is growing and the existence of crypto technology as an alternative replacement currency for fiat money. |
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difficult to speculate, because the movement of bitcoin can change drastically every hour. But if you intend to return to $ 20k as in 2017 then it will be very difficult because bitcoin continues to fall after trying to get up and out of $ 6k.
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Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.
If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.
What can you say about this?
I don't think that's the case, what I'm worried about is that the government's fear of bitcoin really happened, the economy will be disrupted because bitcoin dominance replaces the national currency, I don't think that should happen because the national economy must be supported by national currencies and not something the decentralization. Bitcoin can be used as an alternative currency but fiat mmoney cannot die. |
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bitcoin continues to fall: newbies will disappear, quality investors will continue to fight and bitcoin takes a long time to get up because there must be a big explosion to make bitcoin back to its glory.
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it will be a difficult target, I think bitcoin continues to be stuck around $ 6k. even though it has tried to rise and break through $ 7k and it continues to fall again. investor interest and quality in 2018 is different from 2017, I think this year there are more short-term investors.
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bitcoin has a good advance since 2009 because many people start believing and investing money here. the price that exploded at the end of 2017 increasingly made it popular as an investment tool, a decentralized system supported by blockchain technology became the advantages and attractiveness of bitcoin. Now the opinion of bitcoin as a currency is being replaced by bitocin as an asset.
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I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?
I think there are many factors one must consider when they want to enter the crypto market, the risk of price fluctuations being an attraction that must also be considered. That is why people must study first before entering the market. |
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A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are.  for trading or as a currency? I think that is two different things, I think people will be more interested if you explain bitcoin as an asset because the profits will be huge, but we cannot cover that a scam might happen, let him choose and consider to join the market. |
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Hello everyone, Today i'd like to share my story.
So in 2017 in sept, I first mined some electroneum coins and they were worth like $200 later, I as a student couldn't afford to buy Bitcoins for trading or holding, So mining did helped me ETN was a good coin, i would mine like 50 a day and it turned 20cents each, I got addicted to crypto and trading but i was scared to trade and lose those 200$ because then i'd have nothing, So from Sept to Nov, i'd just watch graphs and look at coins, Watch videos, try to learn trading and everything and in December i started trading and you guys know what happened at December 2017, But i was prepared so my $200 turned into like $150, still a loss but anyway.
But it went like this and i kept trading and everything, and i was in love with it...... Sadly in my Exams, I failed 3 papers in total 5... Because of Crypto, it takes you away from Real world, So i was disapointed because of it.
Now i trade carelessly without emotions, and i went above $200.. I saw many times and now experience told me its true that trading is 10% skills, 10% luck, 10% patience and 70% emotions....
good luck and enjoy your lives and don't ruin anything.
Edit: I still have high hopes from Crypto and i think this will change my life and i'll be not worrying about Studies later, But like people say "Don't put everything in one Basket" , so always have a backup. Study is my first priority and Bitcoin can be my side struggle and with luck and hard work, i might not have to worry about studies then.
if you are a student then your main priority is learning and not making money, you can seriously control crypto when you have passed the responsibility, and don't blame crypto for your failure. Some people who comment here do not know the contents of your thread, it will trigger crypto extremists to bully you. The point is don't mix your educational time and crypto time, they have their own part, but that is good if you have learned from this incident. |
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if that really happened, I would split bitcoin into several altcoins. because the dominance of altcoin has recently increased quite a lot and this can be a good moment for altcoins at the same level as bitcoin.
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"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!
I think the target of $ 50,000 will be difficult to achieve because the conditions of bitcoin are now showing no good signs, $ 20k is good enough at the end of this year, but if it can be better it will be a good thing. |
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it's hard to say that it can happen because we can't predict the future other than that bitcoin is still quite young, I am not sure if bitcoin can become a currency because the price is not stable and volatile, I prefer to call it an investment tool because bitcoin has characteristics similar to gold, many people think bitcoin is gold 2.0
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
That fact is true, bitcoin is now more popular with its investment attractiveness, people are more interested in getting profit from bitcoin compared to using it as a payment tool, besides that the price is very volatile which makes many merchants still doubt bitcoin as a substitute for money. |
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I think this condition will change if bitcoin is able to develop further, the thing that has been feared all this time is the value of bitcoin that is fluctuating and unclear consumer protection against hackers that so far has happened, if bitcoin is able to handle it then most likely the SEC will accept BitcoinETF
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I'm not too concerned about the future of bitcoin which may not be a global currency, because the fact that now without global currency status bitcoin is still developing and helping many people in financial terms. Although I am sure that with that status will help more people enter the market, but I don't think that is too important as long as I can still enjoy bitcoin.
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Yesterday a lot of people bought ETH because many ETH-based tokens were launched and automatically the interest of people to buy ETH was very large which finally ETH could reach the highest price and different from this year there were too many negative news about ETH-based ICO and the issue that social media decided to ban ICO which greatly affected the price of the ETH, after this negative news I think people started selling their ETH which caused the price to plunge freely. the conclusion is that the price of ETH is strongly influenced by the current market trend.
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I think the world has begun to open opportunities for cryptocurrency, many rich investors and private companies that support the presence of altcoins. This encourages the government's desire to compete to create its own digital currency, so that circulation and transactions can be monitored.
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Even though some people may feel Bitcoin is fine as it is today, it doesn't necessarily happen in the future. Bitcoin, like other financial assets, needs competition to excite the market. Altcoin presents competition in this regard, although there is no alternative cryptocurrency that is a real threat to Bitcoin. Without altcoins, Bitcoin will look very different from what we know today.
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