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281  Economy / Speculation / Re: Will Bitcoin Go Below 6000 USD? on: June 12, 2018, 03:47:14 PM
It is possible yes. But how likely is it? Hard to guess. I'd say we could stay above 6000.
The fundamentals are extremely good. And without some absolute serious mega FUD I can not see us go below 6000, especially not for a longer period of time.
If we should go down, I will buy whatever I can. Orders are placed.


i do agree on that, it might go down below $6k dollars because there are a lot of people who are not really good in trading and they will sell their coins at the lowest price in which will make the value of the coin to decrease even more and it was a good news at the same time since we can invest a huge amount.
282  Economy / Speculation / Re: Bitcoin price prediction for july on: June 12, 2018, 03:42:43 PM
What could be price of bitcoin in next month ??
$5k $7k $8k $10k $15k or $20k
Predict please  Smiley Grin

That will be $5k dollars obviously, the price today is down to $6k dollar and it might go deeper if people will keep on selling their coins even more but i think that after ber month occurs, the prices will still go increase, that's my own opinion by the way, just like what happened last year.
283  Economy / Speculation / Re: 1 BTC = $7,992.71 should i buy and wait or on: June 12, 2018, 03:40:37 PM
1 BTC = $7,992.71 is it now the right time for a person to buy bitcoins and keep to earn more profits OR i still have to hold?

The price might go lesser after a few months because right now it was down to $6k dollars, you can wait for the price to decrease even more but still there is no assurance if it will increase or decrease because the market is volatile.
284  Economy / Speculation / Re: Bitcoin has dropped so invest more on: June 12, 2018, 03:35:22 PM
people are panicking over the drop that has been experienced over the last few hours why don't you look at it as the best time to invest more

if you are panicking too much you need to evaluate your risk management skills or you will be feeding the sharks
its the crypto world you can expect anything

Yes you are right, investing is the right time to do today, the only problem is that there are still a lot of people who are not well knowledgeable about the market and they are contributing for the price to dump because they are selling their coins due to panicking.
285  Economy / Speculation / Re: What effects the bitcoin price? on: June 12, 2018, 03:29:06 PM
Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2.  News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

The bitcoins price can be affected by different occurence like fud or there are other people who are creating black propaganda because their business is being negatively affected by cryptocurrency, what i mean is everyone can make the price of bitcoins to go down.
286  Economy / Speculation / Re: Bitcoin may continue to move higher on: June 12, 2018, 03:23:33 PM
Looking at the chart, it seems like the price could accelerate gains above the $10,000 level. Above this last, the next stop for buyers could be $10,800 and $11,000 in the near term.

•Bitcoin price is trading with a positive bias and it currently placed nicely above $9,500 against the US Dollar.

•There is a major bullish trend line forming with support at $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

•The pair remains in an uptrend and it may well break the $10,000 level and settle above it.

Bitcoin price is gaining momentum above $9,500 against the US Dollar. BTC/USD is likely to accelerate higher above the $10,000 and $10,500 levels in the near term.

In the coming days, We’ll see some nicely placed prices in the chart.

Well, i do agree that bitcoins today is just gaining momentum, the price might very low today but still there is a huge chance for it to pumps up immediately because there are a lot of people today who are planning to invest since the market price is decreasing.
287  Economy / Speculation / Re: Oh My God, What Happened to Bitcoin? on: June 12, 2018, 03:19:38 PM
Crypto fluctuation is every year happen in the market. But current fluctuation is unpredictable so no one is expect this year so everyone holding the bitcoin. Many peoples are still believe the bitcoin potential so demand is little increase in suddenly at the same way automatically market is green but this downtrend is move to forward soon.

The price today might go down but it already happened last year when china banned ico's in their country, you can always wait for the price to grow and most of the crypto analyst are expecting for cryptocurrency to grow its prices in december.
288  Economy / Speculation / Re: Can you hold my hand? on: June 12, 2018, 03:18:17 PM
Once again, bitcoin made me feel worried about its future. I have put all my money ($ 50k) to buy it at the end of last year. And all that was happening made me feel very sad. What would my future be like if the bitcoin continues to go down, so badly!

The prices might decreasing today but still you can invest a huge amount in order to earn more profit in the future, that is the reason why dumping of prices is not bad at all since you can always make profit from the volatility of the market.
289  Economy / Speculation / Re: Bitcoin $21,000 in year 2030 on: June 12, 2018, 03:16:19 PM
"Bitcoin has now gone 173 days without a new high.  Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run.

Bitcoin fell from $7500 to $6700 today. If bitcoin goes to $21,000 (new high price) it will be in year 2030 only

Most of the crypto analyst today are saying that bitcoins price will doubled its value every year but we still did not know on what will happen on the future since there is always a fud that is spreading around.
290  Alternate cryptocurrencies / Altcoin Discussion / Re: What is Fiat? on: June 10, 2018, 01:00:43 PM
Almost all everyday, I come across fiat on bitcointalk forum which get wondering why people normally use that term in relation to crypto currency. I decided to do research on the word but did not get the concept well. Since the word is circulating in bitcointalk forum and my searches are not helping to understand the concept of fiat better, I am sure the forum will help me understand it better this time around. Guys, I want to know much about the concept of fiat and what fiat has got to do with crypto currency.

Fiat is used to determine the cash of a country, it was a terminology that is being widely used by common people who are in the cryptocurrency world.
291  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for Airdrops: A bad precedence on: June 10, 2018, 12:58:59 PM
I have recently seen where bounty hunters were asked to present identifying documents.  Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.

Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens. 

It's terrible and this is a bad precedence these people are setting.

If as a community we do not say no to this,  then it would become the norm.

Kyc should not be requesting on airdrops because this people are just bounty participants and they will not work but if they will continue to ask kyc on airdrop participants then maybe they will lose their own business someday.
292  Alternate cryptocurrencies / Altcoin Discussion / Re: encourage others to crypto on: June 10, 2018, 12:51:46 PM
Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?

There's no need to encourage anyone who are not interested on cryptocurrency because if they just lose a huge amount of their money from investing then they will blame you in return.
293  Alternate cryptocurrencies / Altcoin Discussion / Re: shall i convert my bitcoins to ethereum? on: June 10, 2018, 12:36:51 PM
i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys

No you should not, the price of bitcoins today is too low and the best thing to do is just invest because you have the time to earn cheaper coins before the prices goes back to normal.
294  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ripple: A long term investment or short term? on: June 10, 2018, 12:34:31 PM
I'm thinking of acquiring some ripple but i need to know if it's a short term investment or long term.
Coz i have been following the market trend and I've not seen a steady increase for the past few weeks.
So, is it for long term or short term?
Coz to me it seems the coin has some potential.



That will be depending on where you are using your cryptocurrency, if you use it for living then probably you need to trade everyday in the market in order to earn profit so i think that it will depends on when you use your coins for you to choose to go on long term or short term.
295  Economy / Economics / Re: Low BTC price is good for Bitcoins at the moment. on: June 07, 2018, 06:38:02 AM
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''

Yes of course, low price of bitcoins will make you earn more profit when the prices goes back to normal again and that is the reason why dumping of prices in the market is not always a bad thing.
296  Economy / Economics / Re: what will happens if everyone has own currency, doesn't a bad for Economics ? on: June 07, 2018, 06:35:04 AM
The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel,  if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?

If everyone in their own country will have their own cryptocurrency then the value will be decreasing even more since it will be just the same as fiat, the volatility of the market is the reason why every people who are investing on bitcoins are earning a huge amount of profit.
297  Economy / Economics / Re: Why is Bitcoin still a slave of Fiat? on: June 07, 2018, 06:30:19 AM
Why is Bitcoin tied to Fiat? Why is Bitcoin value moving like a stock? satoshi said the value will be derived by the limit of total coins. But we are seeing the opposite. Why dont we mathematically calculate the value of bitcoin according to the amount of bitcoin mined?

Like

Agreed Value * Bitcoins Mined = New Value

0.0010 * 1 = 0.0010
0.0010 * 2 = 0.0020

Bitcoin price is always depending on fiat but still the main reason why bitcoins price is increasing is due to the demand of different people in the country who are investing, so we can say that bitcoin is not exactly a slave of fiat.
298  Economy / Economics / Re: With Hackers everywhere, How safe is Cryptocurrency? on: June 07, 2018, 06:23:35 AM
Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

The safetiness of your account or your coins will be always depending to the wallet or exchanger you are placing your coins so always choose a holder depending on the majority of users who are using the current wallet or exchanger you are interested.
299  Economy / Economics / Re: Bitcoin and Economy on: June 07, 2018, 06:22:22 AM
We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?

There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.



Obviously banks will be really scared on bitcoins since most of the people are preferring to invest on cryptocurrency more than placing their money on banks because bitcoins is very profitable today and the outcome will be less funds for the government.
300  Economy / Economics / Re: Do we need blockchain technology? on: June 07, 2018, 06:19:18 AM
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.


Please enlighten me.


Obviously yes, we need block chain in order for us to mine coins we are interested to get, that is the reason why there are a lot of miners today who are looking for software who suits their gpu the best to get more coins.
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