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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin is One of the Greatest Market Threats in 2018 on: December 10, 2017, 06:02:34 PM
Of course the banking industry will see bitcoin as one of the greatest threat for their sector. Considering how much are they loosing everyday because of Bitcoin. Many of their depositors are removing funds from them and are investing into bitcoin which they can't control.

2  Bitcoin / Bitcoin Discussion / Re: Am I too late to join the party? on: December 10, 2017, 04:12:12 PM
Yes this would be late to buy a lot of bitcoins and expect a lot of income.But you can still join the party. Bitcoin today is very expensive almost $15,000 so if you ever buy today you will still gain profits but not as big as those who are holding their bitcoins for years and years like 5 years or more. They must be a millionaire today because bitcoins before are just worth nothing like cents when they first came in and who would expect that they would be as expensive as it today and still they can increase a little more. It is up to you it is not bad to try. If you are planning to invest $15,000 worth of Bitcoin imagine how many you should've bought 6 months ago but you should still invest and avoid regretting it again.
3  Economy / Speculation / Re: BTC to $4,000 USD this week - $10 Billion USD Held BTC's to be Liquidated on: December 10, 2017, 03:34:55 PM
Most people I know have been cashing out to let the new money in and take the coming hard fall. The amount of coins getting ready to fall on the market is going to collapse the market. People have been dumping slowly trying to prevent killing the rise as the market has been burning up. The major dumps will be next week. People will be dropping thousands and thousands at a time hoping the surge holds until they get out. Several Zionist Occupied Governments are sitting on millions of seized coins as well that they will soon monetize.

Dec2016 base to return to $4k, this is a good wash-out of the speculators, and should send off most of the day-traders packing permanently forever.

BTC will still go to $1 Million USD to but the PTB want to wash-out the idiots.

I wonder how much are you preparing to invest if ever your FUD will affect the market. If I am part of your group I don't think that I would take the risk of selling my coins just to dump the price of bitcoin. Unlike in 2016 the coins are now spread into several users and it will be harder for a group of fools to control the price now. But still Good luck on your endeavor.
4  Economy / Speculation / Re: Bitcoin will fall down on december on: December 10, 2017, 03:17:39 PM
It only shows that Bitcoin's price is already stabilizing on the $15000 level after the ups and downs on it's price in the past two days. It will most likely go higher that $20,000 before the year ends and I am seeing a brighter future for Bitcoin in 2018 because of this recent events. Just hoping that transaction will be confirmed faster by 2018.
5  Economy / Economics / Re: Crypto Currency related to insurance & medical on: December 10, 2017, 02:53:23 PM
There were several crypto currency that was develop for medical purposes. One that I know that is currently on it's ICO is Luven diagnostics. https://bitcointalk.org/index.php?topic=2371398.0 Not sure if there was is a crypto currency for insurance though.
6  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: December 10, 2017, 05:50:56 AM
Bitcoin can be an asset for now but bitcoin is a currency. Buying currencies for any other purpose than buying goods or services with them is speculating. Furthermore with Bitcoin, it's impossible to work out how to assign any value to them. You can get an idea of the real value to you of a physical currency by looking at what it can buy you with it in its country of origin (compared to what you can buy elsewhere with other currencies), interest rates in that country, inflation, and how rapidly the currency base is expanding compared to economic growth. With Bitcoin, how its value should be measured is anyone's guess.
7  Bitcoin / Press / [2017-12-10] Bitcoin Price Weekly Analysis BTC/USD Correction Underway on: December 10, 2017, 05:38:22 AM
Quote
A case of crypto traders locking in holiday gains?

Whatever the reason, the price of bitcoin spent much of Saturday in decline, as the world's largest cryptocurrency saw a nine percent drop over the 24-hour span. Sunday's session has so far seen that drop intensify, with the price down nearly 12 percent as of 4:00 UTC,.

Jsut hours away from a launch on a major futures exchange, bitcoin is now down nearly 25 percent from an all-time high of $17,117 set earlier this week, with the price hitting a low of $13,152 today, data from the CoinDesk Bitcoin Price Index reveals.

That said, bitcoin wasn't the only cryptocurrency affected. According to data from CoinMarketCap, all but one of the top 50 assets by market capitalization have seen 24-hour declines.

At time of publication, the total value of all publicly traded cryptocurrencies was down 8 percent on the day, falling from a high near $400 billion to $367 billion.

Still, that's not to say there hasn't been periods of upward movements. A look at the market's most recent session (18:00 to 24:00 UTC) indicates litecoin, bitcoin and IOTA all gained more than 5 percent in the 6-hour span (despite being down on the day).

Data further suggests declines may have been limited to a poor afternoon session on Saturday (12:00 to 18:00 UTC), as data from CoinMarketCap shows that the five best performing cryptocurrencies during the period all saw declines.


SOURCE

I don't think that we should be worried on what's happening on the price of bitcoin right now. It just an outstanding price hype in the past days and a correction is expected after that kind of price hype.
8  Economy / Speculation / Re: How much will be the bitcoin's value grow in 2018 ? on: December 10, 2017, 05:29:19 AM
I have prepared a table that I added here below, which contains the statistics of the bitcoin value growth in percentage during the last 3 years : 2015, 2016 and finally 2017. We can clearly see that the bitcoin's value has achieved an exceptional growth this year, knowing that the value is multplied in 4 in 6 months. So, in your opinion how much will be the  growth in percentage during 2018 ?


 

A double on the price of 2017 will be fair enough for 2018's price of bitcoin. Bitcoin might end up this year at $20,000 which is 2000% from the previous year but we can't say that it will happen on the next years because of many factors. More people are now investing on it but more people will be hesitant on buying the coin at the price of $20k so most likely they will just invest on some part of it and we can't have the same increase that we experienced this year. $40,000 is a conservative estimate I believe.
9  Economy / Economics / Re: What makes Bitcoin to move this fast? on: December 10, 2017, 05:04:09 AM
More people are now investing into bitcoin that is the reason why the price went up that fast in the past days. Maybe right now we are just experiencing some correction that is why the price is hovering in the $13,000 level but I still expect for the price to go beyond $18,000 before the year ends.
10  Economy / Economics / Re: Bulgaria Government Shocked To Discover It Owns $3 Billion In Bitcoin on: December 10, 2017, 04:46:17 AM
Quote
213,519 bitcoins
That is a massive amount of bitcoin just for a country imagine if they don't discover that one I think criminals will enjoying and harvest right now. Yes, the question is what do the Bulgarian government do with that seized amount of bitcoins? Bulgarian government would be rich by now and bitcoin price would skyrocketing again.
US Government seized more bitcoin before but they put it into auction. I think Bulgarian government intended not to sell those coin from the start and just decided to keep it. Are they supporting bitcoin in their country?
11  Economy / Economics / Re: STOP #HODL go #INWEST on: December 10, 2017, 04:26:26 AM
Hodling or Investing it would depend on one's focus and target on Bitcoin. A trader would sell off to amass profit and then buy the dip to continue the ride after the correctiont. While an investor or holder would keep the coins and allow them gather profit over the years. For me, I would sell because I am more of a trader than a hodler.
12  Bitcoin / Bitcoin Discussion / Re: If a friend ows you 0.1 Btc from Dec 2016 ... on: December 09, 2017, 07:28:16 PM
thanks for your opinions.
it s not about not-paying-me back at all. friend wants to pay but we cant agree upon which Price.
i mean 1600 Dollars is way too much. that s why i prefer Bitcoin. you simply just cant compare it to dec 2016. asking for that price is hilarious.
my friend has btc maybe 0.6 or something like that which would then be one sixth of his net-worth acquired by trading in the last 4 months.
but it is still the equivalent of 1600 Dollars right?


Then what you can do is, just ask for the same amount of BTC that he borrowed you a year ago. You don't need to consider the dollar value today since as you've said he is also trading so he should know what is the value of BTC and he will now get the funds to pay you from his fiat resources.
13  Economy / Speculation / Re: Sell, Hold or Buy? on: December 09, 2017, 07:20:31 PM
The price of bitcoin  just have a dip right now and i think this is the right time to buy to those people who didn't buy their bitcoins on the price like this and all they need to do is to wait for the price  to gain more pumps and i think the right selling point for bitcoin is above $16,000 and after that they can wait to buy back again. Just always do  buy low sell high scheme.
14  Economy / Economics / Re: Is it better to save money or invest it? on: December 08, 2017, 09:21:28 AM
Save money in a  bank specially over  a long period of time is better,but invest it is the best way for me.Investing is risky,so be smart and wise in choosing a company where you want to invest your money.Choose the stable and popular company.The good thing in investing,it can be sell and bought.
15  Bitcoin / Bitcoin Discussion / Re: Transaction unconfirmed for 9 days on: December 08, 2017, 08:36:29 AM
ok I get it , the network is overloaded but why doesnt it drop the transaction after 9 days so I can make another transaction with higher fee

I never heard of a transaction being dropped after sending it. I would suggest better to add more fees for it if you still have balance from that wallet or try using confirmtx.com. I also have a pending transaction for 3 days now. I'm still hoping that transactions will be resolved soon.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin image just got completely screwed today on: December 08, 2017, 05:56:52 AM
Why people are always in a hurry. You should be patient on your investment. If all of the investors will think that it is a crash then the price will really go down. Just trust bitcoin and it will eventually go up and you will start gaining from your investment. Demand is really going up maybe one of the reason why some exchanges are crashing.
17  Bitcoin / Bitcoin Discussion / Re: Whole Countries Start Investing In Bitcoin? on: December 07, 2017, 10:25:15 AM

What do you think would be the effect if and when whole countries start investing in Bitcoin?

If that happens then bitcoin's price will reach the moon. For the current price we only have a small chunk of the world's population who are into bitcoin and we already have the price of $15,000. Once the number of bitcoin users increase then the price will surely go high and since the supply is finite price will surely be unimaginable.
18  Economy / Speculation / Re: What's the reason why BTC rise or decline? on: December 07, 2017, 10:03:33 AM
Huh As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?


It is just a simple example of the law of supply and demand, once the demand goes high you need to have more supply but since bitcoin has a finite supply the the price will go high to meet those demands.
19  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: December 07, 2017, 08:39:42 AM
Bitcoin for me is my main source of income. This thing give me potential in life. I've than so many things because of bitcoin. It helps my financial problem, I help my family to pay the other bills, and pay for my college fees and also my other expenses and personal needs

You are doing it the wrong way you should consider bitcoin as an asset for your future. If you are going to spend your coins in a shorter time you will not have a high reward from it. You need to maximize it's potential by hodling it.
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin as payment system on: December 07, 2017, 06:49:59 AM
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?



Bitcoin may be used as a payment method for future expenses but it still has a long way to be there. I don't think that bitcoin is a bubble that will blow in the future, it already prove itself, all the negative things that happened to it resulted to a more positive price right after.
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