Maybe bitcoin will survive until the next few years but about the price we never know what price will be achieved in the following years so that bitcoin prices become uncertain
I'm surprised by your lack of faith on bitcoin, bitcoin is not going to survive just for a few years, bitcoin is going to be around for at least a few decades if not more, bitcoin is a technology that is going to completely change the way we understand the economy and transactions all over the world, bitcoin is probably going to be one of the greatest inventions in the century, it is just that people do not realize it yet. |
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Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?
I'm interested in knowledge about economics because most people are going to spend most of their lives working very hard in order to get money and most of them are going to use that time and that money in a very inefficient way, this is something that I have seen with my very own eyes and I do not want to waste the very little time that I have in this world. |
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My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.
Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
The problem with what your friend did is that while in theory what he did is a good investment, since a car only goes down in value while bitcoin has a lot of chances to grow up in the next years, the problem with what he did is that he has completely unrealistic expectations about what the price of bitcoin is going to be at the end of 2019, not even the most positive prediction that I can think will come to reach that price. |
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I think now it's very difficult to sell altcoins, now is the right time to hold your altcoin and buy an altcoin that's right to buy altcoins for long-term investments because most altcoins are experiencing a decline.
I agree with this many people are looking right now to sell their coins without really realizing that if you are a long term holder this is not the best moment to sell, in fact I could say that is one of the worst moments to sell and that instead you should concentrate on trying to get as many coins as you possibly can before the next bull market arrives. |
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I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!
I still do not have enough money to buy something like real state with my investment in bitcoin and even if I had that amount of money the amount of profits that I could get out of my investment in cryptocurrencies is way bigger, so I'm not so sure that investing right now in real estate is such a good idea especially since real estate is very overvalued in my country. |
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Most of the time it is not a good idea to put all your money in a single coin but in the case of ethereum the opportunity is so big that I cannot blame a person that is planning to invest all his money in ethereum, the opportunity is simply too tempting and the profits that you can get in the next month are going to be incredible, I will not be surprised if people are able to double or even triple their money in just a few months.
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here many people give lots of suggestions. but still investors want to get big profits and now there is no guarantee that when entering the market the price will stabilize or even rise. be careful in choosing ico.
The best idea right now is to stay away from icos and any risky coin, I know that a lot of people will think that if they are not investing in the market then they have no chance to multiply their money but at the same time you have no chance to lose your money either, remember when it comes to trading and investing you need to wait for the perfect time to do it. |
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Great news everywhere today and Bitcoin price goes vertically again!!!
Shotted from 6000$ range to 7500$ in few hours after Bloomberg announced that BlackRock is looking to invest in cryptocurrencies and Goldman Sachs will hire David Solomon, current president of the New-York headquartered multinational Lloyd Blankfein in October. This guy is crypto-friendly let's say and this is huge news because trillions will be pumped soon.
They will take their positions now when is still cheap. Be wise guys do the same what the big guys do!!! Take your positions the race is started, again.
Taking into consideration last weeks looks like the bullish market is ready to start. What do you think am I right?
And now what we are seeing is that the market is falling off a cliff, all the market is down and most coins are down by double digits and many people are very scared about what is happening, it is entirely possible that those people never have the intention of creating anything and they did it so they could then announce that they canceled their project just to make the market crash. I thought a long time ago that this market is manipulated and last weeks shows that this is the case for real. I am not surprised that all ETF's so far where postponed or denied. Cryptocurrencies market needs more regulation to stop whales from price manipulation. If they are able to do it with BTC and ETH then smaller cap currencies have no chance at all. We will see countless pump and dumps, flash sales and all sort of bear traps until regulators will do something about this. I understand that they are doing this because in such an unregulated market this is easy money for them. They have a lot of experience in forex trading abuse and now the crypto market is like New Eldorado for them. For a lot of time I also thought that the market was heavily manipulated but I did not realize to what extent those that are powerful and have a lot of money can manipulate this market, unfortunately the only thing that you can do is to try to guess what they're trying to do and try to be in the right direction of the market, something not easy to do since we do not have access to that information. |
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The banking sector can said to be the intermediary between lenders and borrowers.
The banks receive funds from lenders at a lower interest rate.... let's say 0.5% per annum and they lend the funds to borrowers at a high interest rate if maybe 15-30.% per annum .
Thats how they make their money.
This is a very good explanation about how it works banks are just a middle man, and while we have been able to get them out of the equation when it comes to transfering our money from one side of the world to the other thanks to bitcoin and other cryptocurrencies we still have to figure out how to take them out of the equation when it comes to lending. |
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People must remember that markets are cyclical, it is not possible for the price to go up forever and it's not possible for the price to go down forever, the price goes up and the price goes down, if we see a bull run then we need to see a bear market, it is as simple as that and once you understand those cycles you understand very well what it's coming, when I saw the bull market I knew a bear market was close and I was not surprised when it came.
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There is a limit to the price that bitcoin can drop, at some point the price is going to be so cheap that people with a lot of money like whales will take advantage of those prices and will buy those coins and then the price will go up again, many people are predicting that the price is going to keep going down up to zero but that is not going to happen because bitcoin is still very useful, you just need to ask the people that live in countries that are facing difficult times.
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Bitcoin's growth began in early 2017 and then it touch 20000. Bitcoin's largest growth is due to the ability to trade with tether dollar. With this growth, a huge growth in ICOs appeared. Nowadays about 30 ICOs are added to the market. This huge volume of ICOs, has taken the power of bitcoin growth. Like weeds next to a tree. Bitcoin will not grow until ICOs exists.
No, icos grew in price when the market was hot and the market was hot because investors were putting their money in bitcoin and they decided to invest in all kind of speculative coins not understanding why they were doing, if what you said was right icos should be dominating the market now and growing like we have never seen them before, but the opposite is happening with icos barely reaching their soft caps and trading way below their ico price after they are listed in an exchange. Yes, that is true. I recently read an article about ico. Basically only a handful of icos made it far enough. I recently looked at ico stats and the statistics were not so bright for much of the recent ICO's. In a sense, projects attracted attention to crypto space because it looked innovative, a fintech revolution. Thus, people invested in ICO's but the ICO's teams don't invest in Bitcoin alternatively. So yes, lots of link between two subjects. This is what is keeping icos down, it seemed that we were seeing some kind of revolution similar to what we saw with the dot com bubble, but now people have realized that it was not the case and many icos were nothing but scams or projects that were released by developers that had no idea what they were doing and now no one wants to invest in icos for the time being. |
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Hello everyone, what is your opinions regarding Bitcoin Futures. Some say Bitcoin will dip, some say will double.I heard that most of the countries were going to change some rules on Bitcoin, That will effect on the value of the Bitcoin too. What will you say? What are your opinions?
Probably it is going to make the price to go higher, because a lot of people will be interested in investing in those investment opportunities that are going to be very volatile, but it's very clear that governments do not want that, they do not want people to adopt bitcoin and it is the main reason why we're seeing so much negative results and why not a single one of the bitcoin futures have been approved. |
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Realy realy bad idea putting your life savings into 1 plan, mining is hard and expensive unless you can get free or nearly free electricity and broadband. Personally I would not put more than 20% of my savings into anything-just imagine how it will feel if you loose all you have worked so hard for for so long, By all means reinvest your profits back into crypto and with luck you will see a big capital gain.
after learning many things about crypto and blockchain I dare to give my savings up to 30% for crypto. crypto is a modern financial technology and has many advantages over its lack, when people realize that all crypto have fantastic prices and we will regret not investing Yup it is really new things which is full of benefits, after some months price of bitcoin will be very high and those who are for now not investing and waiting for it to be low will cry then because then price will be very high it will be out of reach so better if you have money try to buy right now and never wait anymore because it will increase your profit for investing right now. Yes you are lucky if you have thinking about to invest your money to bitcoin because I have seen a lot of people who are now sad because of waiting and not investing money with bitcoin, price of bitcoin get high and low so better to buy when it is low and sell when it is high, if you are investing your saving it will make your future brighter, so invest now and no need to wait anymore. I will suggest you not to invest all your money in cryptocurrency especially in bitcoin because the price of bitcoin is not guaranteed. If the price falls more you will lose your investment. It is better to split your investment in different currencies. By this way you will be mentally relaxed and hope that you will make some money in the future, but still keep some cash out invest in regular business. Yeah it is a terrible mistake to invest all the money that you have in cryptocurrencies especially when you do not know what you're doing, this is a mistake that a lot of people make because they are excited about the possibility of investing in cryptocurrencies and making a lot of money with them but unfortunately the excitement very rapidly turns into disappointment when they lose money. |
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People that do that are nothing more but ignorant not only about the technology but about how the economy works, in the past I used to get bothered by this and I even argued with such people, but after some time I learned that if they want to let one of the biggest opportunities in their lives to pass them by then that is their problem but I'm going to take advantage of this.
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I like to example that social media. Facebook, twitter, instagram. We all know that these are the most famous and most used social media in the whole world. But when we look at the past. There are some first social media that was created. Like friendster and etc. They made a new social media because of exclusivity. Every people needs a new way of doing something.
No, I do not share this view, new social media websites were created because the technology behind those websites was superior, and even if many coins claim that their technology is way better than the technology of bitcoin that is not the case, and that makes many of the coins in the market superfluous and unnecessary and that is why many of those projects fail in less than a year. |
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You need to be greedy in this market but you cannot let greed take over you because if you make that mistake then you are going to invest before the market has totally crashed and you are going to lose money, and there is nothing worst than to enter the market just to lose a lot of money, the best thing is to wait until the panic is just a and the price is stable, like what is happening right now.
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I want to learn more about technical analysis, is there a specific way to use it? or a specific chart that fits to its use? give tips and advice, thanks!
Technical analysis is a very deep subject, we cannot cover enough of it in just a few posts, there are thousands of books out there that you can read and learn a lot of information, the only thing that I will say to you is that you find an author you feel comfortable with, also make an honest assessment of who you are and decide what kind of trader you want to become. |
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This is my own opinion that Bitcoin will touch 20K USD end of 2018. What your thought about it ?
Nothing wrong with having your own opinion, in fact I think it's great but it is going to be a real challenge for bitcoin to reach that price by the end of this year, that price is completely possible in just a few years, but you want bitcoin to touch that price in just a few months and that is going to be really difficult, it's so difficult that I think it's almost impossible. |
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When will the bull run start?  in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money? You must know that no one knows the answer to that, we can only speculate but most likely the bull market is not going to start in this year, it is terrible that you are losing money but the market is not going to start a Bull Run just so you can recover your money, and I will suggest that you change the way you think because if you keep thinking like that you are going to lose even more money. |
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