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Bitcoin is an invincible digital currency that lives on. Bitcoin has always overcome the difficult times especially when its market value are going down everyday. Yes, bitcoin always rebound anytime it encounters a dip on its market value.
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I could not ask for more than having a financial freedom. You can have anything you want without even looking at the price tag of an item but now, bitcoin seems declining. But despite of that, I am still optimistic about what my future can be even if bitcoin had dropped so deep these days. I believe it will just pass and everything will be back to normal again.
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That's part of the plan in a crazy attempt to bring down bitcoin. As FUDing pushes someone to press the "PANIC SELL" button, it just makes bitcoin's market price to plunge more deeper. Some FUDs are mostly coming from bitcoin haters which motivates other to do the same in hopes of bringing bitcoin down.
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The fall of bitcoin is due for corrections which supposed to last for a couple of weeks but while the situation is already bad, FUDing around makes it even worst as investors/people sold their bitcoins due to panic selling.
I believe that this will just pass and bitcoin will rise again strong soon.
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And as more countries are crafting their move to ban bitcoin and the cryptos in general, FUDing will be widespread even more throughout the crypto community which will cause panic and would lead them to sell their bitcoins at a very cheap price.
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It's not new when i heard people spreading FUD. It's just a pure manifestation that they are trying to take down bitcoin. And if ever bitcoin will not stay any longer, i believe this cryptoworld will continue because there are legitimate alt coins who will take bitcoin's place.
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I think the reason why bitcoin is the mainstream today is because of internet and the social media. Even other companies or entities are already using the internet and social media nowadays to promote their company's name or product.
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Been using it already as payment for services, goods and most especially as payment for bills and mobile loads. But most of the time, i used to cash it out to buy for goods where some stores are not accepting bitcoin as means of payment.
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Come what may and if that really happens, then that will be the chance to buy bitcoin at a lower price because if there is a plunge of its market value just like what happened these days, there is always a time that Bitcoin it will rise up and already written in Bitcoin's history.
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Bitcoin may have experienced a big dip for now but that doesn't last any longer, IMO. That's just only a display of how volatile bitcoin can be when it goes down deep or when it goes up high. No matter what, i'll be HODLing my bitcoin for good.
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India just BANNED Bitcoin? Will BTC now crash?
Well, this is not new for bitcoin and i have read articles about india's plan of banning and for sure bitcoin will be affected by this just like what happened with china but bitcoin will always survive even without China and now India. And as i can remember, it was after couple of days after China's move that bitcoin skyrocketed to 20K USD. |
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I saw the bad news about the bitcoin  , I feel unhappy because I'm going to invest into bitcoin  . Whether it booms again or continues down to death. Should I start with $450 now? If it's possible, please tell me where to begin. My colleagues advise me to use ETH, but i just found another name Nextycoin. The Nextyplatform seems to new, i wonder it will lead more oppoturnities, by contrast, ETH's old and likely to more reliable.  Which one should I choose? Anyone gives me some info. about them or other names, pls. Thanks  The market is bloody again this time and seems that it's on an endless bloodbath for this month. Opportunity of buying digital currencies at a lower price is already here. We know that bitcoin is down, so as with ETH and almost the rest of the cryptocurrencies. If you are planning to start with 450USD, then i think choosing ETH will be a smart choice since it's 10x more cheaper than bitcoin and it has a lot of room for improvements for ETH. |
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If you will look at bitcoin's graph this time, you can really say that bitcoin is in a very sluggish and very rough road. But even if it is down today, it is still a big profit for you if you bought it few years ago. Even if you sell it today, that's a big about of money and much even more if you HODL it a bit for few more months.
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Probably NO and that's for sure. It has already been tested that bitcoin rises even more after it went down following China's decision to ban ICO and Bitcoin. That indicates that bitcoin can still surge high even without china.
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It's been a good idea around whether making bitcoin a legal currency globally but let us not forget the fact that some countries are against cryptocurrencies that makes it hard for bitcoin to be a legal global currency.
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That'll be a good news for the rest of cryptocommunity. Speculations has it that bitcoin will rise more than the amount being presented in the OP which i think is very unlikely to happen considering bitcoin's sluggish movement. But then, bitcoin is very volatile and unpredictable that it might burst starting tomorrow. Bottomline is, we just don't know when it is so i think 25K USD by 2022 may be achieved ahead of time.
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We should be very logically approached bitcoin. And honestly saying bitcoin never ever replace Dollar it is going to survive for ever. May be a few volume affected But not maximum level. So I think and confirm that dollar will sustain and bitcoin will rock.
Because they (bitcoin and fiat) are two completely different currency as bitcoin being intangible and fiat being the opposite and i think the same too that both will have their own separate story. Only then that i will have second thought about bitcoin replacing dollar if bitcoin's drawback will be addressed soon. |
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Basic buy and sell method will be applied here. Of course, you are going to buy bitcoin when the deepest market value can be seen already. On the opposite side, sell only those bitcoin when you think you can have your big profit already.
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We can not force them to think that way between bitcoin and fiat because there are really disadvantages in bitcoin that fiat doesn't have just like when you want to do bitcoin transaction and it suddenly goes offline. Unlike fiat, you can still do transactions even if there is no internet connection.
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A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Good discussion about bitcoin wallet that is very useful for newbie for them to understand what really bitcoin wallet is. Maybe it would be a lot better if you include the safety measure one should consider when having a bitcoin wallet. |
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