So are all altcoins are dying or there will be no hope for new projects..? the market is now so bad...
Yes it has always been good.Things have and will always happen.Keep on investing for what you are willing to lose.Just stick to it.It is unnecesary for other people with bitcoin.Altcoins are useful properties and are an integral part of the cryptocurrency market |
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Undersiege by negative articles for the past couple of months. Banned in different countries. Hated by some billionairs. Yet, i am one of the millions who still stay positive on bitcoin.. Western countries have been very positive on btc also. Try to spend time reading this https://www.ccn.com/retailer-adoption-of-bitcoin-is-growing-in-the-us-and-canada-despite-price-fall/. This might help you also boost confidence on btc behind the downfall of its price nowadays. Let me know your insights on this.. Yes we should just stay positive on bitcoin let's just give trust bitcoin and how it is works. |
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Recently, more and more I have been interested in the question of why Bitcoin was created. Who created it and for what purposes. After all, clearly there are people who control bitokoyn, well, that is - own a very significant amount Bitkoyn. Maybe it's just a new currency to replace the dollar only in electronic form. Until now, nothing is known about the creators of Bitokin. Why we need crypto-currencies, if on the idea you can use the same transfers of money cherz different banks. What happens if bitcoin collapses? Do not judge me strictly, it's just that these thoughts have visited me more and more often lately.
I really need bitcoin because its helps me to earn money to help my family. We really need bitcoin in our near future. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Yes it has a big impact and benefited people who stored bitcoin in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market.They will sell their holdings so that profit will be earned.In the way of holding btc |
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My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.
So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.
Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.
I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.
Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...
What is your take on this? Is this all a phase, part of how this game works?
Yes it is a way of earning money through bitcoin.Really big help for me because im only a housewife at thesame time its good because it is homebase.No need to go outside for work.Im so happy for learning it. |
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I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
For me its not how much i earn from bitcoin i can say if you really are patient enough to make your life better you can start a bussines through small amout of it and if that goes so a liitle amount can turn to big bussines.For me i really hope that i can start my own bussiness at the moment |
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I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
Probably no wonder absolutely yes because our money is very well secured.Its the best way to make money at thesame time.I like this currency a lot unstable and stable both |
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How works the new coin after the hard fork, everybody who has Bitcoin will win, or just some exchanges will give to us?
And if I have my Bitcoins in a offline wallet like mycelium, will I win too?
Thanks
The emergence of the bitcoin hardfork after bitcoin cash paved the way for others to fork bitcoin blockchain in order to create new coins |
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Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time. In a note to clients published on Thursday, analysts at UBS took a long look at Bitcoin, cryptocurrencies, and the blockchain technology that underwrites this whole enterprise.
Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.” Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there. If a bubble were visible from up close.It would lose its appeal to investors and burst as a result.It can help prevent a bubble from getting bigger.We should keep doing so and if its not a bubble even better;besides a missed opporturnity not much will be lost |
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Do you think bitcoin is going to reach june rates soon ?
Btc value appears to be recovering after a horrifying few weeks for those who are invested in it.Now the price of bitcoin appears to be picking up a little at least for the moment.Btc price rises again following huge cryptocurrency crash |
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Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
Bitcoin is an income but you cant say it is main.I probably say it just an extra source of income.I can say in myself that it really helps me a lot because i can provide the needs of my family financialy.Bitcoin is volatile and profitable.Its a good way of investing |
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•Will you buy Bitcoin gold? I saw a chart of bitcoin gold value that is getting down.
•Will put your saving in this bitcoin? why or why not?
•Question is bitcoin gold comes from bitcoin?
I think its good and it would be great buying bitcoin gold because its has double value and really worth |
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If this is not in an appropriate section, forgive me, hard enough to even post here atm. https://bitcoin.tax/, anyone have experience with, especially from the US, using this site? I'm looking for accuracy, gernal safety regarding my transactions ( I personally have nothing to hide, except as much as anyone can from the good ole IRS ), etc.? I am considering that I might have to file for short-term capital gains this year, and plan ahead, if I do that, to claim long term next year. Thoughts on using that site safely, for guidance in doing that? Bitcoin use as a cryptocurrency or investment should owe taxes |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Yes it is a big thing btc reducing unemployed because its only requires some strategies.You dont have to put capital.It is also an additional income to those who have a stable job by an alternative way.It helps boost our economy |
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Hello All, Quite new to the crypto game and just wanted your thoughts on this, I'm considering buying bitcoin when the price hits its low aftet the recent news from China. My question is how low do people think it will drop too? How confident are people that it will recover? Looking at what happened in Sep-17 it went low but then rapidly increased do you think this will happen again. https://qz.com/1174091/china-wants-an-orderly-exit-from-bitcoin-mining/Its just only a matter of time.Btc mining in China is mainly an opportunistic way of making some money out of the failures and inefficiencies of the power system. |
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What will happen with Blockchain technology in the next 50 years?
Digital economy can either be centralized beleive there is a central point of control over the economy supply on decentralized where the control over the money supply can come |
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HI ALL,
As everyone knows the futures on bitcoin will be available soon. CME Group plans to launch them in 2017 Q4.
They state the settlement will be in dollars. So futures buyers does not have to deal with bitcoins. That's a bit strange to me. Who will deal with bitcoins than?
Investor buys 1 contract. It is 5 bitcoins. After a certain time if the price (calculated from several exchanges) goes up.
The buyer will receive profit. But who will pay?
As i understand the futures sellers will pay that profit. But they have to get this profit from selling bitcoins at a higher price.
So futures sellers will have to REALLY buy bitcoins. Not futures buyers.
Am i correct? This subject seems unclear to me.
The traders can speculate on the coin without actually having to touch it traders will have to put some money on the table for their bets Since btc is volatile .Its required to have at least 44%of the btc settlement price |
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Goldman is setting up a Cryptocurrency Trading Desk. Ok it's old but... What will the prospects of this choice be? Why did a group like Goldman make this choice? Will there be more attempts by banks and financial institutions to make bitcoin more institutionalized? What should we expect from all this? can the blockchain world continue to ignore the "real" global economic market and vice versa? When the old economy approaches these issues it seems that the strategies they set up are always very cautious and vague. Do not they believe it enough or do they have any plans to enter into a forced collaboration in the future with the help of politics or some future strategy? You can not find sufficiently informed articles on this subject. Everyone suddenly seems to realize that the bitcoin price rises and falls and public information constantly sees the crypto traders as a group of madmen who risk everything for "non-real investments". But it is hard to believe that the old system does not have a plan to enter at the right time in all of this or that it's not realizing the potential of the blockchain. Why this delay? What are they waiting for? Is the global crypto market strong enough to undergo future interference by the great powers? (I remind you that at the minimum announcement from China, the market suffers big repercussions) No i dont think so..it will continue and made each more suffecient and the sytsem will always be at its highest good investment into the cryptomarket and it getting more relevant |
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Why is Bitcoins value continously growing? Will its value continue to grow or will its value finally go down?
As of January of 2017 the Value of 1 Bitcoin is $1,139, and as of today its value is $16,680, this is absolutely insane how Bitcoin grows.
Personally, I think Bitcoins value will still grow because it has huge potential and not many people know about it still.
Btc offers an effecient means of transferring money over the internet and is controlled by a centralized network |
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The digital currency bitcoin rallied by over 300 percent since the start of the year and has recently surpassed the $4,000 mark. Unsurprisingly, many financial markets pundits consider such a sharp rally the creation of an asset bubble. In all fairness, the returns that bitcoin and its digital peers in the crypto assets space are experiencing have not been seen since the day and age of the internet bubble in the late 1990s. However, Bitcoin has very different fundamentals than early internet stocks and a much more promising growth trajectory. 1. The Growing Acceptance of Bitcoin as Legal Tender
One of Bitcoin’s biggest challenges so far has been acceptance by lawmakers and financial regulators due to its decentralized nature and its unfortunate association with criminal activities carried out on the dark web. However, Bitcoin’s “official” acceptance is on the rise.
In April 2017, Japan announced that it would officially begin accepting Bitcoin as a legal payment method, which immediately boosted the price of bitcoin and has led to a substantial increase in merchant adoption across Japan.
In the Philippines, citizens have been increasingly using Bitcoin to send and receive low-cost remittances. This has not gone unnoticed by the country’s central bank, which announced in February 2017 that it will regulate Bitcoin so that the digital currency can be used as an officially accepted remittance system and, thereby, granting it full legal status.
Countries such as Australia and Russia have recently made similar statements that could lead to Bitcoin becoming a fully accepted medium of exchange in their respective countries. This is a trend that is likely to continue, given the growing demand for Bitcoin as an investment as well as an online payment system.
2. Increasing Merchant Adoption
In the early years of Bitcoin, merchant adoption was limited to a few brave ecommerce stores, usually run by early-stage Bitcoin enthusiasts. This, however, has changed substantially as leading tech companies and ecommerce platforms have chosen to accept Bitcoin as a payment method. Microsoft, Rakuten and Overstock are three of the largest companies to accept Bitcoin payments.
With bitcoin’s sharp price rally, increased media coverage and newfound acceptance in places such as Japan, Bitcoin merchant adoption is on the rise and this trend will likely continue.
The arguments for online merchants to accept Bitcoin are actually very strong; fees are lower than for credit card payments, chargeback fraud is entirely eliminated, new customers can be reached in underbanked regions and a new, tech-savvy consumer base can be attracted.
The more that merchant adoption increases globally, the more there will be regular and stable demand for the digital currency. And given the current low rate of merchant adoption, there is a substantial room for upside.
3. Bitcoin Is Increasingly Acting as a Store of Wealth in Distressed Economies
Another reason why Bitcoin is most likely not a bubble is that is has a much-need real world application in economically distressed countries. In places such as Venezuela, Bolivia and Zimbabwe, for example, bitcoin has been acting as a store of wealth and as an alternative spending currency as local currencies are weakening into worthlessness. This can be witnessed by increasing bitcoin trading volumes that are negatively correlated with the performance of local currencies and economic growth in distressed regions.
Bitcoin also allows individuals and businesses in countries with strict capital controls, such as Venezuela, to receive much-needed remittances to stay financially afloat. In other words, wherever there is economic distress, Bitcoin demand will likely rise and Bitcoin adoption will grow.
4. Bitcoin Has Only Just Gone Mainstream
You could say that 2017 has been the year in which Bitcoin has finally gone mainstream. Five years ago, if you would have asked the average person on the street what Bitcoin is, they would have most likely given you a bewildered look. Today, most people have at least heard of Bitcoin and many even know that one bitcoin is worth more than an ounce of gold.
Now that Bitcoin has become mainstream, the buying potential from new investors is immense, especially as institutional investors have started to open up to the idea of investing in bitcoin and other digital currencies.
5. Bitcoin’s Supply Is Limited
Finally, one of the key reason why Bitcoin has become so valuable is that its increasing demand is met with a fixed limited supply.
Because of the way Bitcoin was created, only 21 million coins can ever be mined. Furthermore, the rate at which new coins are created slows down over time, which means the increasing demand for the digital currency is not only met with a limited total supply but also with a continuously slowing supply.
The discussion of whether Bitcoin is a bubble or not will likely continue indefinitely, but the comparison between Bitcoin and early internet stocks does not hold true due to the fundamental differences between the two asset classes. * * * As CoinTelegraph notes, countering no shortage of criticism from traditional financial circles that Bitcoin’s price had grown too quickly and would inevitably crash, the new-found faith in Bitcoin and its maturing as a medium of exchange has become apparent in its increasing resilience to ‘FUD’ or other bad news. Mainstream forecasters now predict further upward momentum for prices, with TradingView eyeing a new all-time high of $6,800 for November despite the uncertainty surrounding the SegWit2x hard fork. ... This is a good flipside to the "bitcoin is a bubble" stories the media has spammed us with since forever. Another good case for bitcoin not being a bubble due to its high projected future growth can be found in this thread here: https://bitcointalk.org/index.php?topic=2281270.msg23152743#msg23152743I think the article above addresses some of the points economists and finance analysts have glossed over. Bitcoin's growth in relation to its fundamental metrics are what will likely determine whether bitcoin is a bubble. Thus far none of the experts have addressed that topic. There's zero acknowledgement made of bitcoin's adoption in countries like japan, the philippines, russia or australia and crypto's transition towards becoming more mainstream. No commentary on whether those effects on bitcoin's elevated price could be sustainable. It is possible that we will never see anything resembling legitimate analysis of bitcoin from the media. They have a long history of sweeping relevent and key points under the nearest rug. Out of sight, out of mind. Over the long term this could create opportunities for independent media to rise if indeed nature abhors a vacuum. Is bitcoin a bubble? What are everyones thoughts on this?  1.Btc is increasingly recognized as a legal billing tool 2.Btc is increasingly accepted by enterpreneurs 3.Btc has grown to become a safe haven in fragile economics 4.Btc only now gains popularity 5.The supply of btc is limited |
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