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My country's economy has taken steps to develop on a firmer basis. The inflation rate in recent years has tended to decrease, the GDP ratio reached 18.4% per year. Particularly with the development of Services are key industries that play an important role in the growth of the domestic economy.
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For many people who have seen two bubbles in the past two decades, the dotcom and the real estate, when the bitcoin was born, their first psychology would be defensive. Although the previous two bubbles created a crisis. But with the bitcoin, it's a zero. And when you do not see the value of a fortune going up, we'll see it's a bubble.
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Bitcoin will make many people mistakenly assume that the money is in the form of fiat currencies (USD, euro, yen, ...). But actually the value of bitcoin not through the numbers but the usefulness. and convenient. This is most obvious when you hold and use the bitcoin number without any organization that can intervene and control it. Then, you can use bitcoin to make purchases and payments all over the world. Gender is easy and safe.
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That is scary !!! In previous years, I read an article about Vanga's prophecy. Among her prophecies were the US economic situation in 2018. China's claim to be a "superpower" the next world. What is worth mentioning is that Vanga's predictions took place in the last century.
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Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
I realized this earlier and I felt very lucky. I know I can not become a good investor because I do not have the elements of a professional investor. So I usually spend most of my time learning new knowledge from the business so that I can run a good company later. I spend very little time with Crypto and I just want to make a little money in this market. |
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As you can see that BTC is the largest crypto among all in the market, I just really do not understand why people like to claim that BTC is about to die, do not easily fall for these kinds of topics and think that Bitcoin is dying, put some research on it, its just another person's opinion but again it is misleading. One last thing before you reply, this is extremely important and might be a big help for you (especially for newbies) avoid agreeing with such wrong info given to you, be sure to take extra care in replying, and the most important part of all is that you should make some research and do not forget to read the thread (if necessary) it is also important as you can gain new information from other people, though just make sure that what you are reading is very much legitimate.
Thank you and feel free to respond, I wanna see your insights about this.
I have the same thoughts with you. Actually Bitcoin is very hard to die because it helps many businesses in many aspects. Besides, the value of Bitcoin is $ 104 billion and that's a huge number. If the Crypto market collapses, it will cause huge economic recession for the world. People may wonder why the price of bitcoin is down, the reason is that the world economy is declining and the Crypto market will be affected. So we do not need to worry too much about its future. keep holding on |
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The development since late December shows very clearly what is happening.
The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.
It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.
Except on every round the dip gets deeper and deeper.
The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.
Face up to reality, the party is over.
I think traders have trapped whales. They were very smart in pumping the price of bitcoin up to $ 20k by the end of 2017 and making traders believe that the future of Crypto is excellent. They bought a lot of Bitcoins at $ 19k and now it's $ 6k2. This is a very bad news and makes many traders abandon the market. |
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I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?
Any thoughts or opinions about this?
I think they are real investors in the Crypto market and they poured all their capital into it Bitcoin or other altcoins. So they always want the Cryptocurrency market to always grow strongly and make their portfolio increase. They always find ways to flatter Cryptocurrency despite the very bad situation. |
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Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ??  Actually Bitcoin is just a business, we are investors. It's like the stock market and Bitcoin does not protect us. We protect ourselves from the risks of investing in our experience. |
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Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
I do not think Bitcoin is useless. It has helped many businesses to do better in money trading. So it always has a very high value. High transaction costs because operators need to make a reasonable adjustment to increase their profits. But now the transaction fee has fallen to equilibrium. |
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One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.
What will you do when the market falls?
I will not do anything when the market falls. I only hold and never pay too much attention to the price of the altcoins I have invested. Because I know it will increase in the near future. Just be patient and wait, nice results will come to you. That's what I learned from investor Warren Buffett and I believe his investment philosophy is right. |
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Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
There are many governments that have banned bitcoin but investors are still working. They still exchange and trade on the exchange and transfer money from one wallet to another. There will be no problem when the government forbids bitcoins because the internet has a lot of tricks to avoid government obstruction. |
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According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
I do not think so. My personal point of view still thinks Cryptocurrency is just a money transfer tool. That is all that Cryptocurrency has and they can not be considered fiat coins. Low supply and instability are two factors that can not make it fiat money. |
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
You should learn before investing. You need to spend four months learning from the members' posts in helping out newbies. You should read more, and you can ask questions for the members to help you. In addition, you need to buy books related to investing to learn. then you can invest and make a profit.  |
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Hello people,
Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.
Is this true?
I think it's not quite right. The Crypto market is only stable for a short time and we can not judge exactly. Let's wait longer, we will see how the market works in 2018. But I think the instability is characteristic of the Cryptocurrency market and it will not change. |
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World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life. Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.
I have the same opinion with you. Because Bitcoin is the best money transfer tool to date. Bitcoin has really helped many businesses in cross-border money transfer and transaction fees are very low. I think it is an indispensable part of the business and the future of Bitcoin will be very good. |
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Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
I think you have a good background in the Cryptocurrency market and you will have more experience than current traders. I think you should invest in altcoins like EOS and ETH. These are safe altcoins and tend to grow in the future. There is a lot of good news about them and I think they will have a very good future. |
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In my personal opinion, Bitcoin goes down fast because it has been exploited. Actual value of Bitcoin will not reach 20k $ per coin at the end of 2017. It takes a very long time to prove its usefulness to the world so the price of Bitcoin is currently the price. Its real. no surprises |
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If i'm looking to make my first crypto purchase, which one would you suggest buying and why? I love ETH because it's established but still not as expensive as BTC, but I also am hearing about TRX (TRON) nonstop...
If lets say I have $500 to start with, what should I buy and why?
I think you should buy ETH. It is a potential altcoin that people often promote it. TRON is a good altcoin but it does not have good business strategies like ETH. The ETH business approach is very special and it attracts many large businesses around the world. So I highly rated ETH. |
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I feel so late to the party. Coins now are very expensive, like $5800 for Bitcoin and $345 for Ethereum... then $5 - $30 for other coins. I take a look at the blockchain explorers and see big holders of coins, for example some people have 1000+ bitcoin, a lot of people have 500,000+ ethereum. These people got the coins when they were 1 penny each, now I have to pay $500 for the same coin?
Why are the coins so expensive today? Can I go back in time and get them cheaper?
Even if I put in a lot of my money, I only get a fraction of what people were able to get 1 year ago. 1 year ago people got coins for 1 penny and stashed 100,000 coins for $1000, now I have to pay $1000 just for 1 coin?!? I feel so ripped off!
Also I knew about Bitcoin when it was $30, and I knew about Ethereum when it was $7! I was alive in these time periods and was looking online and reading about these things but it all flew by!
Am I too late to the party? Is it a good time to get buy today or should I find a way to time travel back in time?
My frustration is BIG.
You are not too late entering the Cryptocurrency market. Because you can make money from day trading or participate in some of the bounty campaigns to make money from those projects. Bounty campaigns now pay pretty much for bounty hunters. Do not be too disappointed, you can still have a better income than ever. |
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