I am still optimistic about fortification

I was a famous digital currency analyst, recently that the digital currency market this year is stronger than it was at the same time in 2014. According to his tweets, there are a lot of ongoing purchases despite fear and surrender in the market. His vision was illustrated by a graph comparing the decomposition rate for the period from December 2017 to August 2018 and from December 2013 to January 2015

The market capitalization of the healthy grew from $ 8 billion at about the same time in 2014 to more than $ 108 billion now. Having acquired many acquisitions and reached a price point of close to $ 20,000 in December 2017, the value of the market has increased by more than $ 661 billion.

The 2018 index clearly indicates that there is much lower volatility in the price of the composition at this time. The relative stability of prices in the market can be attributed to the impending news that investors are eagerly waiting for. The US Securities and Exchange Commission (SEC), after its recent rejection of the proposed ETFs proposed by the Winklefos brothers, will announce its decision on nine ETFs in September.

I hope that I have delivered all and created hope again to those who lost

A few weeks ago I got an email telling me that my password had been changed by someone on my poloniex account. So, I suppose therefore my account was hacked. Immediately I went to freeze the account and changed my password. But the thing is, I don't want to risk that happen again with a large amount stored in the exchange.

Where would be the best place to keep my BTC while I'm not trading with it in an exchange? I don't feel as if storing it on my own hard drive is very secure as hard drives can fail, and what can you do if that happens..?

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

Almost every year news and issues against bitcoin spread everywhere. The price dump and pump. The scam accusations against bitcoin seems normal. Some people think it is ponzi. Limited supply of bitcoin. Being decentralized. There are so many reasons of bitcoin to stay stronger and stronger every year. In the next 5 years what do you think to happen on bitcoin?

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

Its very interesting whenever I see posts like 'bitcoin is dead' or someone asking 'is bitcoin going to die?'. I ask myself, are these people really current at all. Everything we are doing in this modern world is gradually becoming digitized. We are gradually moving from the pen and paper world. The blockchain technology is full of new ideas and projects which is gradually turning the world to a more convenient place to live. Please the fact that you invested in some shit coin and it died doesn't mean the whole crypto community is dying. Trust me, if every coin will then not bitcoin. Digital currency is the new world, very soon the whole world will accept and adopt this great concept

The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are.

I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
 

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30


2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14


3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again


4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017


and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

What do you make of the bitcoin price resiliency despite ETF denials. Previously any FUD or even rumor of FUD would cause at least a mini panic sale. But now our "sails" are steady. Does this mean that bitcoin has matured to a new level? Does this mean there are factors in the crypto market that make bitcoin a desirable attraction even without ETF approvals? Share your thoughts.

We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows :

1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}

The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.

2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.

I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.  

We all want to live in big houses that we cannot afford. 

I started my cryptocurrency journey around July 2017. I bought some altcoins;  verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!

I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.

That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance,  and suddenly it was disqualified,  and the price have falling like packs of cards, more than 50% right now.

Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?

But I am wiser now.

Does anyone have similar experience

I don't think it is relevant to compare Bitcoin to Ethereum or comparing any other cryptos to each other. I know its quiet tempting to compare Bitcoin to Ethereum because of their reputations in terms of their market cap and volume.But I do believe that the source of doubt in most people in the crypto community is mostly because of this comparisons made about cryptocurrencies. People who don't really know and understand the ideas and purpose of the creation of cryptocurrency will just share their ignorance to the world, which is not helping the crypto market. People sell their cryptos just because they heard that a particular coin is better than the coin they have. To add to these, I believe dumping of crypto coins is also as a result of this kinda comparisons made by people.  Please let's find a way to talk about cryptos rather than comparing them to each other......

Are you one of those who think that BITCOIN will not rise this year?
Some may think like that because of it's performance. But according to experts and analysts, BITCOIN is not for the weak hands.
If you do crypto as a source of living then this is not the best place for you, but if you are here because you believe that BITCOIN is a revolutionary kind of money then you're on the right track...  You know bitcoin will rise ;-)  

As Blythe Masters said :

  “You should be taking this technology as seriously as you should have been taking the development of the Internet in the early 1990’s.”  


So just put money every months in bitcoin and others altcoins , just a bit , but with the time , it will be a snowball !


But remember ,   WHEN YOU INVEST , JUST THINK THAT THE MONEY IS LOST ! and invest what you can loose !


Here my best Cryptocurrency Portfolio :  

• 30% BTC
• 20% ETH
• 15% NEO
• 15% ADA
• 15% FSN
• 5% ICOS

And to put in a nutshell , yes , there are risks to invest in cryptocurrencies , it's totally true , and if someone say the reverse , he's an ignorant.

   But , there are also risks in yours dailys lives guys , when you walk in the streets , you could be hit by a car ...
When you are doing some sports , you could do a cardiac arrest ...



Furthermore , when you invest in stock exchange , the company could call in the receiver ....

When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.

The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.

What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.

This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.

There's an ongoing debate in and outside of Bitcoin community regarding the economic nature of Bitcoin: is it a currency or an asset, a store of value, settlement layer and so on. The situation with ETF's also sparked some debates, as some argue that ETF's are bad and Bitcoin should stick to its cypherpunk roots and ignore the mainstream.

I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.

So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.