I honestly believe that the whole Turkish citizens are converting their savings to crypto currencies story to be hyped up just to draw attention. Sure, some of them might actually have bought themselves into crypto, but it's negligible in the grand scheme of things.
It brings us back to how people were speculating that back in 2013 the pump from $30 to $250 was caused by people in Cyprus massively converting to Bitcoin, which obviously wasn't the case. Back then speculation had at least some right to develop since there was a pretty decent pump going on, while right now the market hasn't even been dented by Turkish "demand".
The volume on the exchanges there has increased marginally, which just points out there isn't really much action going on.
crypto is increasingly popular, the more they feel the benefits of their own fiat currencies and this is very important to balance everything. The government might be able to better control the circulation of crypto currencies so that it does not really kill fiat currencies that are indeed the country's characteristic. |
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what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?
some things will happen, not only in bitcoin but also in countries that do legalize bitcoin, from welfare to increasing the country's economy because the price of bitcoin is rising |
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Very good news, this can happen if the government participates in controlling bitcoin in its use by the public, because the thing that some countries fear is criminal acts like this, maybe if some countries know they might follow... |
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in my opinion it is better for bitcoin to have a high jump with a short time because this is where people like bitcoin and this is more attractive to investors. Indeed, bitcoin is a currency, where currencies must be more stable but I don't think bitcoin is, I think bitcoin is better to be a currency to invest
Bitcoin prices have to move up gradually not in a super fast way. Because anything goes up super fast, will also come down even faster so bitcoin has to build demand slowly and move up prices over a period of time. Many people think that bitcoin investment is a way to become rich faster but that is not correct. Since it has a limited quantity and user base grows definitely its price will grow high but it may take quite a long time to happen. So if you trust bitcoins then just invest and wait. Indeed, in plain view, there are some fundamental things that we will turn to Bitcoin. If we look at the number of Bitcoin transaction volumes that are increasing every day, now Bitcoin is not yet maximized and currently it is still developing a variety of new applications and protocols for the future, but the potential that has not yet appeared is still very large |
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Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
The perception factor also influences the price of Bitcoin. If Bitcoin gets a better perception, demand for Bitcoin will increase. Followed by the rising price of Bitcoin. |
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The bitcoin price will reach $ 50000 in the next five years. Bitcoin is still a force in the world of electronic money. Investors still choose bitcoin as a target for sustainable development.
this will be predictable depending on how the current market conditions are, there are two possibilities that prices may increase because every year the price of bitcoin is always rising, but it could go down because looking at the market today August 2018 is a bitcoin weak point from its appearance. |
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Fiat currencies definitely aren't necessary, there is an increasing trend towards digitization of currency, and blockchain based currencies are just the next generation of this. The problem is that Bitcoin came out, and everybody treated it as the successor to fiat currency, rather than an incremental improvement on digital currencies such as Paypal and Skrill. I think that if Bitcoin was never invented, but somebody like Paypal had implemented a blockchain technology first, then we wouldn't be in the rivalry scenario that we're in now.
of course, all this time we use money as a medium of exchange for the products we want and need both goods and services. In the world of the economy, the exchange tool has several other names, namely the medium of exchange, and that is the characteristic of each country. If it is associated with crypto, there may be a little discussion. |
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If for my country Bitcoin not yet legal. But do not know if in your country Bitcoin legal or not I do not understand. But I hope Bitcoin can be legal throughout the country in order to more easily use Bitcoin freely.
Bitcoin currencies are not listed in the banking system and are not related to the government. The characteristics of bitcoin which have no ownership rights turned out to be tempting also for those involved in illegal activities such as money laundering, arms purchases, even ransom data hacking. There are still many who make legal or non-legal adjustments because each country has its own policies. |
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Please check out my blog on bitcoin and reviews are highly appreciated . Any recomendation and criticism are highly welcome. Here is the link below:- www.rajasumi.wordpress.comthis can be a reference or recommendation for our new friends in this forum and for those who don't know what crypto is and what bitcoin is. It could be that new strategies can be created for those who do have future plans for bitcoin. |
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Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
don't take it too seriously with news that is not necessarily true, indeed the price in the previous month there was no increase, but I think for the end of the year there must be an increase even though this is only my prediction but I remain optimistic because I see the green price market continues to dominate maybe it's time will bullrun happen |
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I think it doesn't matter if the price decline continues, the price is indeed fluctuating, the increase will also occur and I don't think panic if this decline continues, even a good situation to buy coins at low prices and start long-term investment to wait until the increase occurs |
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Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
a very clear note when we transact either taking or storing, that which cannot be changed, which makes corruption will not work if indeed this technology has been used in any country. |
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aaaaaaand probably the #1 mistake of most people in the cryptocurrency space:
Expecting that investing in bitcoin/cryptocurrencies is their key to riches/out of poverty. If anything, this is probably the worst mistake people make. I mean, of course I'm not against investing in bitcoin/crypto, but going all in on crypto expecting for guaranteed profit? That's something else. I know a few people who went big money(probably 90%) on XRP somewhere near it's peak price. Saying that they're screwed is a huge understatement.
It is also important not to make mistakes by trusting others with your funds; which defeats all cryptocurrency goals, which were created to empower everyone with the ownership of their real money without trusting third parties like banks. |
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Btctalk name : hacekd
Rank : Member
Current post count : 301
BTC address(No BCH) :135VKVvvrY778iWTy6QDTon3EYZnf2aeWM
Wear appropriate signature : yes
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You really don't need to look at Bitcoin in the long term because you really don't know what the long term price will be for BTC. People even don't know what price will BTC have at the end of this year what more if the price prediction is for 2019 it would be a lot more inaccurate. If you want to profit from BTC you must see the current situation it is having and as of right now there is no confirmation that it is out of the bear market as it looks settled in at the 7,000$ price level.
predicted to reach $ 64,000 (current exchange rate) by the end of 2019, however, many of the investors are actually worried because of high volatility in cryptocurrency. According to him, however, long-term investors need not be afraid of volatility at all. The main factor that supports sales is bitcoin mining, then the other is inter-investor transactions |
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Somehow it is true.Crypto has pros and cons.It is dangerous when it is used in gambling or any delinquent activity.On the other hand, it is not dangerous but it is beneficial when it comes to businesses and financial institutions.
in fact some of the technology behind crypto assets can make financial market infrastructure such as payment systems more efficient, but because crypto is not monitored, there is no clear system, making cryptocurrency vulnerable to malfunctions that ultimately harm the people who use this instrument. |
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The Bitcoin price as of now is dancing because of the ETF news. US SEC will announce it’s Bitcoin ETF decision on 10 August 2018. It is being said that, it might happen that SEC approves CBOE ETF on 10 August and if it happens, we can see a parabolic bull run in Bitcoin price. Until then, it may hover between $7600 to $9000. What do you think? Where is Bitcoin heading and what about the Altcoins and the rest of the Cryptos?
BTC market manipulation has become a very controversial field that has always emerged when questioning the activity of Bitcoin prices. Another reason to explain why Bitcoin falls now is market maturity |
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Hi guys, this just bother me long time ago, and just popped up recently..
What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
I think they invented their token to know their project. The purpose of the tokens is to promote their program, so some people buy it or invest in it. We just need to promote their project by joining their bounty to earn their tokens. mass fundraising activities carried out by new / developing companies by offering a Whitepaper that contains everything about the crypto project they are working on. The project is then allocated to the masses in general, without being related to any authority, including the government, which hopes that the products of a company can develop. |
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Here in the Philippines, it is not yet implemented that Bitcoin required taxes. In my research about that I read this information which verify that it is not yet required in the Philippines: Here is it 'The Philippine Bureau of Internal Revenue (BIR) has not yet issued clear guidelines on the tax treatment of bitcoin transactions. However, it is clearly written in the internal revenue laws that any type of income earned by a Filipino citizen shall be taxed unless expressly exempted."
it is difficult to determine the fair value of bitcoin on buying and selling transactions. Bitcoin is very easy to change and there is a large price swing in one trading day. |
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Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?
Given the differences in levels of interest, hype, and demand around the cryptocurrency market, especially among investors in the public market, it is highly unlikely that BTC fell below $ 5,000 and the possibility of BTC stabilizing in the region under $ 5,000. |
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