Latest posts of: Harrisonimo

Well, even as at now, a perspective is being understood that more persons would rather keep their monies stored as Cryptocurrency rather than just putting it in the bank. The bank are now probably limited to intermediary work of linking a person with his/her Cryptocurrency wallets. These and many more reasons will impede the growth services of banks.

Well, HODL is a form of investment and I don't think it destroys the Bitcoin but rather it will strengthen its value. There are also the volume in circulation that is actively being traded, making the market alive.

Quote from: totol05 on March 10, 2018, 06:54:10 AM

Now I feel worried about the future of bitcoin and crypto in general because every time there was a price correction I saw most people are not worried about the price and they all had the same opinion about it, they all said to wait and hold your coins or buy new more, but now I see that there are different opinions about it, that makes me really afraid of what happens now.

is it serious guys that it is over or what?

Over in what sense actually? Because if you will observe well, you will still see that some coins ain't dipping with respect to the bitcoin fluctuations. And also, the markets are still very active; trades are still on. The period we are in is the brooding periods and you need to strategize well as an investor or trader, it isnt a panic stage.

Overtime now we can see that the Bitcoin is no longer resting more on the oars of China, as it has moved now around the world. Maybe a survey with soon be conducted to know the highest HODLers of the Bitcoin. So, the Bitcoin has outgrown China itself and its existence isn't now totally dependent on China.

I am of the opinion that when one enters into the Bitcoin investment without due analysis and studying of the market trends, it can be likened to gambling. Aside this, bitcoin isnt gambling in itself but it can be related exactly with the normal stock exchange we have with fiats and other companies.

Most of the news are actually real but what does actually happen is that the Cryptocurrency markets begin to act against the real news and makes it ineffectual. Example is the news of last year about China backing out of Bitcoin, yes, there was a decline and then within few months, the price of Bitcoin surged up! So, let the news keep on flying in, the Cryptocurrency markets will fight back and win through.

Quote from: jerry29@ on March 22, 2018, 06:09:51 PM

As we see the ethereum price is getting low and low every day. It was same thing happen with the Bitcoin in the past then it has reached where it is right now. Will we see the ethereum competing with bitcoin in the coming one year?

Well, nothing is impossible in the Cryptocurrency world. I had thought before that ethereum should second the Bitcoin in price value due to its high relevance in comparison to bitcoin. It rose high towards late last year above 1000$. But now it is about 400$; a come back to real live is possible and very realistic too.

True that actions speaks louder than voice; when you are able to show others proof of earnings made from the Cryptocurrency markets then they can get convinced on investing in Bitcoin. And I think majorly, when the government also accept the technology and allow for it to be advised via telecommunications.

Quote from: tonmoycrypto on March 29, 2018, 08:21:32 AM

I don’t know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.

I can relate with the loss experienced so far. But I will advise here that patience is required and key to getting back at your initial price and then making profit that you desire. I will also insist you try and forget the account till the year end and you will experience the real profit then.

Quote from: jevee on December 12, 2017, 08:12:59 PM

Hello!

If bitcoin died do you think people will lose intrest in other cryptos aswell? which altcoin would you invest in if there were no bitcoin?

Yes, people tend to change easily and it will take time to start rebuilding the trust if people on Bitcoin again and again. Even as at now when it is on a decline, a lot are selling off, while real investors are taking the opportunity to buy more. Hope deferred makes the heart weary, like waiting for a rise and it is now telling on their patience.

It is a relative and personal decision and I don't think people still want to hodl bitcoin as earlier before compared with now when there are more prospective coins available. So, stupid is relative I must say!