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661  Economy / Economics / Re: The lack of financial education on: January 30, 2018, 05:32:16 PM
Education is really important to achieve financial freedom and to understand the emerging technology of the future financial system. Knowledge is power when it comes to investment. This is the problem of the government wherein they wanted to stay in control of the people's wealth because they fear what they do not understand.
662  Economy / Speculation / Re: Why crypto price down in January? on: January 30, 2018, 04:58:46 PM
Possible reason is that the investors who bought bitcoin at a 10x lower price level last year are still profit taking and could last until March. They are those who have a goal of 1 year for their investment who had a target price of $10k+. The new starting point for 2018 is at $10k level and if good news come like the lightning network implementation and other big corporations utilizing crypto, exponential growth might continue.
663  Economy / Speculation / Re: time to buy bitcoin on: January 30, 2018, 04:52:59 PM
It is definitely a good time to buy more BTC, imagine it as post-holiday season sale. 50%+ discount on something that can be so valuable in the future once adopted and understood by the people. Lightning Network is here and I think it will be the reason for another all time high for BTC price within this year 2018.
664  Bitcoin / Bitcoin Discussion / Re: What is happening? on: January 30, 2018, 04:28:42 PM
The current situation and price volatility in BTC could possibly be the cause of whales manipulating the price due to the futures expiring contracts. It is also possible that profit taking from those who invested last year and had a target of 1 year is not yet done. To resist this bloodbath, you just have to either accumulate and buy more BTC because of the lower price or hold what you have and focus on your goal/target price. It won't be a loss if you don't sell.
665  Bitcoin / Bitcoin Discussion / Re: Why do people want Bitcoin? on: January 30, 2018, 04:14:05 PM
More and more people are getting curious and interested in bitcoin daily because they are seeing it as an easy way to earn and make profit. If they understand it clearly, they will realize that they can use it as an alternative to their savings and other investment vehicles.
666  Bitcoin / Bitcoin Discussion / Re: Facebook & Google creating its own Cryptocurrency! on: January 25, 2018, 07:10:48 PM
I think it is truly remarkable that big corporations are following the technological advancement in the digital age we are currently in. Blockchain is an innovation that could shape the future of the economy across different countries. Utilization of blockchain across various corporations will surely make the price of BTC along with other coins to have a markup in value.
667  Bitcoin / Bitcoin Discussion / Re: Why does bitcoin crash occasionally? on: January 25, 2018, 07:04:31 PM
It is totally normal in this market cycle that during the first quarter of the year, people will take profit from what they have invested in the past year/s. It just seems like its crashing because of the FUDs that are spreading across the social media and mainstream news but those who knows and truly understands bitcoin and its technology, they won't get affected of this spreading disease to cause panic selling.
668  Economy / Speculation / Re: CME contracts expire and the BITCOIN price..? on: January 25, 2018, 06:53:10 PM
It could be possible that the whales who have invested in these futures have been manipulating the market during these few weeks of bloodbath for them to bag more of what they have. They are in control of other's greed and then buying at a discounted price. I could be wrong but from an investor standpoint, this is just how the cycle goes in the market.
669  Economy / Speculation / Re: Ratings agencies soon to release crypto ratings. on: January 25, 2018, 06:44:57 PM
This is good for bitcoin and other crypto to become more popular and more people will get curious and interested with crypto. Any rating does not matter as long as it is publicized, positive or negative, it is still a publicity for bitcoin, meaning, free advertisement.
670  Economy / Economics / Re: Does bitcoin important in blockchain world ? on: January 25, 2018, 06:20:11 PM
It is true that bitcoin has pioneered the popularity of blockchain and it has boosted the people's interest in cryptocurrency which gives the people the financial freedom and the control for their wealth. Once the government and other corporations have realized the true value and proper utilization of blockchain technology, bitcoin and the other coins that are useful could possibly increase its value over time.
671  Economy / Economics / Re: do you really like crypto coin? on: January 25, 2018, 06:03:32 PM
Definitely. The cryptocurrency universe has an infinite potential to develop and shape the future of monetary system and replace the traditional banking system. It is a revolutionary innovation of the centrury. Even though there are endless possibilities and impossibilities in cryptoverse, the technology behind crypto is truly remarkable.
672  Economy / Economics / Re: why should bitcoin! on: January 25, 2018, 05:58:15 PM
Your funds should not be totally in bitcoin. It is recommended to diversify your portfolio, example: 70% on the Big 3 of cryptocurrency (BTC, ETH, LTC), then, the remaining 30% to some altcoins in which you have invested time to research about and ICOs that you think have great future and has real world applications.
673  Economy / Economics / Re: why bitcoin is banned by the government on: January 25, 2018, 05:50:44 PM
The reason behind banning bitcoin is because it is giving the people a freedom to control their money and this is one of the purpose of bitcoin - to eliminate the middleman. Also, the government does not want to lose control of its own people to avoid chaos.
674  Bitcoin / Bitcoin Discussion / Re: Finally Bitcoin is becoming normal on: January 25, 2018, 05:01:44 PM
It's good that the transactions lately are getting smoother than the previous months. Possibly, this is related to the lower price of BTC and gradual implementation of Lightning Network. If this continues, we could be seeing another all time high within the year 2018.
675  Economy / Speculation / Re: What if Bitcoin just hold steady for months and months on: January 25, 2018, 02:26:49 PM
Bitcoin is showing signs of reversal but the momentum might not be the same with trading that happened last Q4 of 2017. It could be rising gradually and we may be able to see another new all time high within the year 2018. What's best to do is cost averaging method and have a target goal for long term investment in BTC.
676  Economy / Economics / Re: is it a bubble? on: January 24, 2018, 05:42:01 PM
Bitcoin to be called a bubble is if the value drops to zero or close to zero which did not happen. Bitcoin is in a development in progress to achieve its full potential to become the future of the world's financial system and it is just starting to gain its momentum. The recent price drop we experienced is just bitcoin showing its true value shedding off those who have weak hands in the market.
677  Economy / Trading Discussion / Re: What's happening to Bitcoin? on: January 24, 2018, 03:48:45 PM
What's happening in BTC is an example of bloodbath and sacrifices to shed off those who have weak hands and to show the true value of BTC. It is undergoing a correction and getting ready for another take-off. We have a strong support level at $10k and are currently showing signs of reversal which I am hoping to continue the bull run despite the FUDs that are spreading like a disease.
678  Economy / Speculation / Re: BTC tested 10K Support. and got bounced . on: January 24, 2018, 03:37:05 PM
The force is strong with support level of $10k. We might be able to witness an epic bounce within the next few weeks. It was the best time to accumulate as much BTC as you can from the last few weeks of slump in market price. The FUDs and negativities are just repeating itself which we might be able to see all throughout the year but it won't be able to stop BTC soaring to the moon.
679  Economy / Trading Discussion / Re: What to do in this Dip on: January 23, 2018, 02:46:23 PM
During this dip, it is best to buy more to add in your portfolio or stick to cost averaging method strategy and set your goal for long term to take profit. By February, I think that all prices of crypto will bounce back and will continue the bull run, but, it won't be an uptrend. There will be more dips like this before we see another take off to the moon.
680  Economy / Speculation / Re: When will the market pick up again?? on: January 23, 2018, 01:46:47 PM
In my opinion, yes the btc market price will bounce back but won't be having the same bull run like we experienced Q4 of 2017. This endless cycle will keep bouncing up and down, so, the recommended strategy is cost averaging method and set your goal to about 1 year before taking profit.
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