The cryptocurrency market right now is turning into a sea of RED...with almost all coins down not just with Bitcoin! I am sure that this can go down as one of the major corrections experienced by the market but just like in the past what goes down will also go up...we just need a little more time for things to settle down and get normal again. This big dip is the best opportunity for anyone who has the money to buy cryptocurrency at the cheap rate and then make good profits when things will be normal again in a few days. Surely, things can get worse before they can get better. I am just holding on and just continue on watching the market go redder minutes after minutes until things can subside. As to Bitcoin, what is your best prediction at the level it will stop sliding? The best answer will get a very special rpize from me...because I am the Bitcoin Santa Claus for 2017! It will go down till 13000 $ and after that it will increase again and make an all time high at least 20000 $, believe me i am from the future my friend lol. Anyway when the crypto market turns to red it only means that its another opportunity and time to buy another set of coins again. |
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
Big nooo.. quitting your regular job is not a good idea since its more stable income than income here in bitcoin. We don't know if when will bitcoin last, there is really no assurance about it. If you want to earn more then do them both, you only need a proper time management to make it easy for you |
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I was just wondering, to those experts on bitcoin, because I have seen that bitcoin suddenly lay low in going up, and now even plunges. I needed your opinion.
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
As i can see it affects so much the christmas holiday to the price of bitcoin, value is going down hard and its happening right now. Some people are selling their bitcoin for fiat to prepare for the upcoming christmas and new year holiday season. I'm going to expect another big increase by next year 2018. |
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•Are going to spend or save bitcoin?
•Whats the roght thing to do? When in earning bitcoin?
I watched a man that his videos are always one minute and saying in the end thats one minute!
His Video was about bitcoin opening a shop next to a trading company.
Topic was people have a problem when earning more and more. The propper use was earn as you spend
•What do you think is propper and the right thing to do?
Depending on your goal with your with bitcoin, if you don't want to hold bitcoin and invest for a long time then you can spend it. Not all people have the same situation, some people need it to use for every day life and some other people wanted to invest it and make profit for their future. |
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Which of the Bitcoin wallets between the Online and Offline works best?
They are both good in storing our bitcoin funds, its depends on how are you using your funds. If you are using your bitcoin wallet often times to use in transaction its good if you use online wallet like blockchain wallet. If you are going to store your funds and not planning to spend it for a long time then offline wallet best works. |
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Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.
Its a normal day in cryptocurrency, we all know that there will be a correction after a big increase of price in just a few weeks for bitcoin. When bitcoin value is started dropping, only one thing is coming into my mind, to buy another sets of bitcoin again and wait for another big wave and get some profit. |
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That was close, thank god i already pull out all of my ethereum and other altcoins before the hack incident in etherdelta. This incident is very suspicious, seems like there is an inside job happened. Lets be careful guys, at the first time i visit ED i already had doubt that this will happen. |
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what? a big fee cant even confirm a transaction, whats more with other with only small fee. This will be a big trouble for bitcoin. If we will be using the recommended fee by wallet, its almost 10 to 20% of a sent bitcoin for paying the fee. Hopefully this will be resolve soon and fix those things in blockchain |
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If not now, eventually.
The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.
I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.
Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.
Thanks for the warning but since i'm hard headed, i will just stick with what i predict that there will be a continous increase of bitcoin value despite of those negative things that cause FUD to other bitcoin holder. If the correction will happen soon then its normal but it will rise again in the long run. |
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From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?
Some altcoin have better use and better service so its good if we also support that kind of coin. At the same its another opportunity for investment, early investors will most benefit of it. There are many altcoins that have good potential and good future, so lets support them also |
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I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??
Its already happened before, their playing again with the price of bitcoin and bitcoin cash to make some profit. Be careful with your move, if i were you i will not sell my bitcoin because in the next few days bitcoin will bounce back again. We have to be patient all bitcoin loyalist. |
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After the top there always a down...is it only a natural assetment of market or someone control this market and try to cut off the new investitor of last period?
This is a normal thing in crypto world, but i doubt there are big group or organization who are controlling and manipulating the price of some coins. Its better to hold your bitcoin because its still a positive year for the king of crypto. My belief in bitcoin will never change no matter what happen |
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Hi, so now what on earth if going on with the price.
Lower than 17k , this is not great. It was killing past 19.500.
Any reason for this?
I would imagine these bitcoin future trading platforms getting involved is one issue.
Maybe im wrong
Love to know what you guys think here this is horrible for bitcoin, i would have thought the 20 barrier would have been broken by now.
When bitcoin price goes up in a short period of time, you don't need a reasons? Man, that is part of being a volatile in crypto currency world, sometimes it will go up and sometimes it will go down to become balance. One thing is for sure, bitcoin value will recover again anytime soon! |
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Hey Folks, I know this was posted all the time, and sorry about that. But I'd like to hear from you what would you invest in if you had 50 dollars in your pocket ready to put into some crypto?
50 $ is very small or low for an investment but still you can make profit into it for a long time trading. In an ICO you can invest and buy their coins at their early stage, if the project become succesful there is a chance that you make profit of 2x or more from your investment. Make some research first about the ICO |
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Seems on the markets at present time BTC has come down. your thoughts on this and why you think it happened?
Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it
This is a part of being a volatile crypto currency, there still a time for downside. Not all the time it will go increase dude, good thing to do now is buy bitcoin again at a low price and wait a small profit for the next week. Its not the first time it happen to bitcoin so lets us be patient as always  |
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That is too high for dreaming. It is almost impossible, i don't see bitcoin reaching 1 million dollar each in the future. Maybe 100k $ + in a few years because the demand of bitcoin is still high. Bitcoin price today is 18k $ each and facing some problem such as many unconfirmed transaction and very high transaction fees
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Does Social Media Influence bitcoin growth?
Yes social media nowadays have a big influence and play a big role especially in promotion because almost all of people have their own social media account like twitter and facebook. I always see an advertisement about bitcoin and upcoming ICOs promoted in my facebook. |
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Hello, I need more information regarding the Airdrops. I tried to joint one just for to see what exactly is this thing but the requirements were to have a ETH wallet with minimum amount of 0.1ETH. Why is that needed and they can see what I have in my wallet. Maybe it sounds stupid question but that's how we learn. Hope this thread helps to other Newbies like me.
They use that requirements in airdrop to avoid spammer who are only making money into it. Because some people are making many eth wallet and joining an airdrop to have multiple free money. Is it the only req? if an airdrop is requiring your private key, then its more likely a scam, avoid it. |
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