Latest posts of: JoshMart

Personally, I do not see any connection of the price of oil going up would affect the price of Bitcoin. What I know is that, the price of Bitcoin is based mostly on the interest and demand of the people on it. the higher the demand and interest of people, the higher the Bitcoin price will be. I think the oil price going up would have some correlation to the price of fiat money but not to Bitcoin price.

I don't think that Bitcoin is just a bubble. I understand that the price right now is really low compared to the price at the latter part of December 2017, but you still can't deny the fact that the price now is still better than Bitcoins price around this time last year. So it is not a bubble, it went down and slowly climbing up still, so do not lose hope, it is not a bubble and it will not just burst and be gone, it is here since 2009 and it has worked its way up and it will not just be gone like that.

Well for me my take on what is happening is that there are very minimal transactions that is why the activity of Bitcoin price has minimal movement as well compared to before. My theory is that, since the price is low, users are now holding their coins hence, the minimal activities.

For me, starting with a small capital is not a problem in any investment. If you have a small capital all you need to do is be consistent in adding into your investment, consistency is the key. You may start small but if you are consistently adding to your investment, it will still grow, in no time, you will be surprise how big it is already.

It is the time of the year again, when everyone says "Bitcoin is dead" ; "it is the end" and the likes. Well I can say that I don't think so, it is just some dip and I know Bitcoin will still rise again, like it did over and over again. Don't fall and let the FUDs get in to you, Bitcoin is still alive and will still have a bright future, so stay strong.

Exactly, people are the one using it, we are the ones defining what Bitcoin will be in out lives. We can use it for the good things it gives and we can also use it in doing some illegal things, whatever that maybe, we, the users should be the one responsible for the consequesnces of the actions we take, may it be good or bad. We have to stop defining Bitcoin based on the things it can do because it is up to the users whether it will be good or bad.

Well for me Bitcoin is number one due to its growing community, it is very popular because it is awesome. Also its value is really way way higher that any coin there is out there. It is indeed a great technological innovation that has already capture people's attention and interest. Its market cap is on top ever since, and no other coin did that, as of yet.

The economy status of my country as of this writing is still not that good. We are still a third world country from South East Asia. We are surviving and still striving hard to be able to improve and develop our economy. So far for Bitcoin and crypto currency status in the country, there is still no clear stand of our government about it, it is not illegal but it is also no legalized yet, but I think they are still in the works of having strict regulations about it since there are a lot of scams and issues involving Bitcoin recently.

There are a lot of ways to be rich and wealthy, the list of requirements is also very long because you really need to work hard for it. Successful people are very determined and has a firm belief on never giving up. Always motivated by the people they love and respect. But not all successful and wealthy people are happy, it depends on how they made their way to their success, some made it but then they left everyone else behind with not so good encounter with them, or some intentionally wanted to just be alone on the journey and thought of the others were just hindrance of his/her success. We all have our stories to tell, these stories are the ones that gave us lessons and shaped us to who we are right now.

Both are definitely great investments, well your investment in education is an integral part of your life. It is not only the knowledge of math, science, reading, comprehension but also builds and hones your attitude, personality, values, faith and beliefs. Even your decision making skills, patience and determination, things that are essential to anyone no matter what path you want to take, these are the traits that will help you survive in life, mostly, these are gained from your education, mainly from school, home and even your environment. So you have to invest on what really matter, your self development so that you can be able to make a change to someone else's life, may it be your family, love one, relative and friends. It will also help you in investing in Bitcoin for the financial aspect of your life, so technically it is still connected somehow.

For me, if it is for a long term investment, I would go all the way on Bitcoin. We all know the great returns that we can get from Bitcoin, if you can afford to invest on Bitcoin for long tern, it will have very big return in time, I believe in Bitcoin and trends and historical data show that Bitcoin price is increasing every year, so it has great potential.

All market price would be based on the law od supply and demand. Well for Bitcoin, it is a decentralized currency so no one is able to control it hence dictate the price or the market activity. Like any other market it is based on the law of supply and demand, but for Bitcoin, the supply is constant and limited, so mainly based on the demand. So it is the interest of people in it,if a lot of people are into it nad wants to buy it then the demand is high the price will be high, same goes if a lot of people are selling it and no one wants it, then the demand is low so is the price.

I think the biggest reason why Bitcoin is so volatile is because it is not regulated and the fact that its supply is limited. Since it is not regulated, anyone can buy any amount at anytime they want, same for selling the coins. Having said that, since the supply is limited, it price movement is mainly based on the demand, people's demand and interest for Bitcoin. So essentially, the price is based on the people's actions, it directly affects the activity of the price, hence volatility.

Bitcoin will definitely win, it hasn't done anything for the the last almost ten years but win, win over all the issues and challenges thrown its way because some people are afraid of it, they are afraid that they will be replaced by Bitcoin, afraid that they cannot control this innovation, they cannot manipulate it in a way that will serve their interests. They make Bitcoin look bad in the eyes of the people, spread false news just to create FUDs and be able to hurt its value, but Bitcoin is always rising up from every fall, better and stronger than before, that it why more and more people still believe and trust it and its technology.

Hey, thanks for the good news. We all need these kind of news and updates about Bitcoin. We need these seeds of hope that Bitcoin is still alive and kicking. Well in the midst of all those negativity about Bitcoin this is a breath of fresh air, remember we all need this, it is so hard to believe and trust when all you see are the things negative about it, but with seeds of hope, we can overcome those FUDs and stay true and stick to what we believe in, what we know and what we are experiencing, Bitcoin is real, there maybe challenges along the way but it is aliving, surviving and still kicking. Think and stay positive folks.

Well if you think about it, all investments are risky. Bitcoin's volatile nature made it risker but also it makes it more profitable. So if you want better returns and profits, you may need to face the risks that comes before getting it. Nothing that has great value like Bitcoin comes easy, right?

Well based on what I know, it is based on the law of supply and demand, all markets are. As we all know the supply of Bitcoin is constant in 21 Million so technically, it is based on the demand, so the more people sell, the demands go down so it the price, and if there's more people interested and are buying Bitcoins, the demand will increase and so is the price.

Well most of the newbies are victim of this, panic selling. They are taking actions as a reaction to their fear of losing, when in fact they are making the situation worse by adding to the reason why the price is dropping. The more people doing panic selling the more that the demand for Bitcoin is dropping the further the price will dip.