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If you ask me, it's a very stupid idea to buy Bitcoin every week, it's better to wait for the bottom of the price and already invest then just to follow the price of Bitcoin and wait for much more profit.
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Personally, I have invested in a lot of ICOs, and in IEO is very little, you can count on the fingers, and now that ICO, that IEO, almost no profit.
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Now it's worth waiting to invest in alts, because they will fall even harder in price before the New Year, that's when you can invest in them.
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Bitcointalk username: jarhed Current rank: Sr. Member ETH address: 0xE7D3F199dBc257FC98093B58d60E781CbebcDf60 Telegram username: @vali22344 Instagram profile link: https://www.instagram.com/gul_9062/Campaign registration: Signature |
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#JOIN & #Proof of authentication
Signature Bounty Campaign
Telegram @username: @vali22344
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From my last post about Bitcoin investment, following the valuable contributions of members of the forum, I learnt that Bitcoin investment is not just something that blossoms in a few days, rather it takes patience.
That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...
Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
Potentially Bitcoin has lots of chances to be with us in future. Of course this technology looks like some real discovery of this century. And of course it will be alive till the last man on our planet loose the interest to it. But we see the real growing interest of society to blockchain and Bitcoin as well, so hope this direction will be developing more and more. It is hard to predict nowadays the future of Bitcoin for lots of years, but for today it is strong, and even the most reliable coin in my opinion among the variety. Nevertheless we should not exclude the option that some day Bitcoin may be replaced. Of course like others I hope it will not happen, because we really interested in the developing Bitcoin rather that in its falling down. But the future will show us everything. And nowadays we should just enjoy))) enjoy that we have such an opportunity to have at list hope that one day investments will give us so expected profit)))) But here trading speculators destroy the myth of a strong and invincible Bitcoin. They constantly claim that you can not use Bitcoin when paying due to the high level of volatility. |
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If the crypto remains the main currency in the world, then in any case we will not be able to stop inflation
Cryptocurrency will not remain as the main currency because it is not yet the main currency, fiat is still the main currency, and inflation don't exist in cryptocurrency. Inflations on happens to fiat because of the "Cost-push inflation", when the demands stays the same yet the supply is decreasing due to sudden increase of labors or materials, (i.e. there is only 10 people who wants a certain shoes, however the next following month, the materials got expensive so there will be only 2-5 consumers that wants that shoes) the other one is "demand-pull inflation", it is the exact opposite of "cost-push inflation" where the demand is higher than the supply, so why it can't happen to cryptocurrency? well it is because fiat is being controlled and cryptocurrency is not. A lot of tokens appeared this year, where there is a very high level of inflation. I think this is a bad sign for the cryptocurrency market. Perhaps in this regard, in the cryptocurrency market, the stable coins will strengthen their position. |
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I also thought that we could stand 8000, but there is also a backlash. I think that we definitely must hold 7000. I left a buy order there. but I also plan to buy at 7500. |
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Research is suggesting that the number of ransomware incidents has risen in 2019. The payment method of choice for the majority of this cybercrime is cryptocurrency, predominantly bitcoin. Could BTC price fluctuations be linked to the increase in this online nefarious activity? https://bitcoinist.com/could-ransomware-be-driving-up-bitcoin-prices/Bitcoin is quite expensive, so such scammers doing this online nefarious activity are interested in receiving it. Your guess seems right to me ransomawer is actually true that criminals who ask us for ransom are usually with bitcoin or other cryptocurrency, but I think the increase in bitcoi prices cannot be said because of ransom although ransomawers are increasing in number because in my opinion the increase in bitcoin prices does not depend on the ransomawer now. I think that the ransomware will act even tougher than before and we should not hope that the amount of the ransom will be less. You need to be vigilant and be able to protect your data. |
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The financial crisis may also negatively affect the cryptocurrency market, because as a rule all assets fall in value. I think that there is a good chance that cryptocurrency assets will also fall in value.
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-Snip-
Oh, it is a typical situation in the world of profit and money. Some are too inventive and make great really working schemes and pyramids. Really simple and ingenious. And some people are sometimes too greedy, sometimes too naive, sometimes just too inattentive to details. And such of people, they find each other in different parts of the world. And as result such kind of situations happen. Sorry for sarcasm, but why this person named Bob or whoever he is had not stoped after first investment?.. did he try to find some more information about this scam team in the internet, chats, forums or telegram groups where lots of people are engaged in crypto, where there are lots of people with their own experience in crypto world?... It is a pity, but no police in the world will help him now, no other actions will bring the positive result in order to get his invested money....only move further on and be more attentive before investing such amounts of money in whatever it may be....((((( Just think twice... It's an obligation to anyone to research once you throw your money out of your pocket. You should always concerned and not too lazy to allow your investment with the hands of someone, curiosity wise, a friend of yours release money without any assurance then after that he didn't manage to seek for some information about the business that he's investing with, there's no one can help him as crypto is not been cover yet by any regulations. Do you have check your obligation with investment, many people can use fake obligation where you do not know how to identify scam or or not obligation, maybe you can invest with your self and looking which one can you manage for investing in property or gold investment. I believe that real estate should be bought only with a very large drop in prices. An analogue is the price of Bitcoin at 4000 dollars. But this is if you already have your own real estate where you live. I'd rather invest in cryptocurrency assets. |
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snip...
Normally it's the US companies that go to China because of the raw materials and the cheap source of labour but now it's totally different maybe this has to do with the Chinese government stance on banning everything crypto related in their country. I think this business is different from the business of goods or services conducted by the US and China so far that it requires low material prices and employee salaries. cheap power is the reason.. but I don't know whether that reason is true or not!!  source: https://www.coindesk.com/why-bitmain-is-building-the-worlds-largest-bitcoin-mine-in-rural-texasI think that this was most likely done because of the position on the distribution of risks from the business. Bitmain apparently wants to control the network and mining of Bitcoin in all cases, even if China completely prohibits the mining of Bitcoin. |
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Most people sees china stopping their miners from mining as a threat to the existence of bitcoin, but I must say that I really do not see it much as threat, first you have to see from the aspect of most investors as they will never react to such news as we can see form the time that we were first threatened by the government of china to stop all miners, and the market never reacted negatively to this.
If china stops mining now, I think it will only end up giving power to some other countries that will see it as an opportunity to boom by giving chance to miners to do so in their country. If you see how much mining gives to some of these miners, you will understand that it is not really easy to give up the mining just like that as some of them would rather prefer to relocate than staying in china.
This is a reality dose as investors are least bother about this news about China pushing to stop mining which keeps popping up once in every two month and if they do it then it will be a loss to them as there is some or the other country waiting to take over and I personally believe China and Russia will never give up on mining as it gives them a huge source of income and as you have rightly mentioned they might prefer to relocate to some under developed nation without much restriction if they are forced to stop mining. I think that China is manipulating the price and will continue to build up its own mining. Perhaps in the future, we will see even economic cryptocurrency wars between states. |
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No, Worst case scenario, the entire group of miners and users decide the current algorithm is dead and a quantum free algorithm is king. It is as simple as that.
I think that quantum computing will not be able to destroy the Bitcoin network. Perhaps in a few years we will switch to a higher degree of protection where even quantum computing will not help fraudsters take possession of our Bitcoins. |
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Bitcoin drops in price because it is a fairly expensive cryptocurrency asset. If you compare directly with other coins that go below the TOP-20, then for a small number of Bitcoins you can buy almost all of them.
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Could be one of that reason but for me its clearly a price manipulation at big levels in order to gather a lot more bitcoins from those who don't want to sell it so a panic dump would make them think again. What we see right now is a panic sell from most of the traders and holders and I bet the whales are so happy with the effect of this dump who is not gonna end until the end of the month. Also the conference with Libra's project can be a reason too...because it represent a problem for the monetary system and banks system and they are all against cryptocurrencies ... ( at least his is what I'm hearing in the live video ) .
The fact is that for the whole of October in the media a lot of negative information appeared regarding certain cryptocurrencies and new projects, which very poorly affect the pricing of even the most promising coins. I agree with your opinion that this situation was provoked specially so that big Whales and speculators profit from the panic mood of cryptocurrency users. I am quite sure that by the end of the year we will have the best indicators in the market and the current situation should be corrected within a few weeks. Let's hope that by the end of the year, the cryptocurrency market capitalization will be at least $ 300 billion. I don’t understand how the Whales manage to reduce the price of Altcoins in such a way. Will coins really cost almost zero dollars? |
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Nothing is more stressful than those guys who already have the chance to acquire hundred thousands of USD but tried holding while the price slowly dripping.
If Steve is just as patient as how satoshi is holding his millions in his stash, he would have been a lot richer than he is when BTC beats the ATH. He is already rich and can survive for years without selling his coins so why the hell did he sold it just because of stress? I'm not buying the truth to this article. Steve as rich as he is must have a financial advisor who could have advised him to keep investing.
Such influential people do not easily panic and stress just because of the monthly period, they prefer to focus on developing the potential value of assets compared to the current value, if there is panic, it only arises from a few of their investors. valuation of goals and aspects of continuity are still rising, and btc is still in the initial category of assets that are still developing. I think that over the last year, people who were in the cryptocurrency market will no longer be afraid of falling prices. Perhaps many will learn how to use this drop in prices and will buy cryptocurrency assets at the very bottom. |
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Stablecoins have usecases only while crypto coins is alive in my opinion
that is somewhat true because you should first consider day trading and remaining inside exchanges as "use case" before you can make that claim and also you should clarify that "stable coin" refers to the cryptocurrencies such as tether not libra. remember than this report mainly means libra when it says "stable coin" which is different. it is useless with or without cryptocurrencies! It is very logical that Stable coins are Bitcoin dependent. But every year, Stable coins gain more and more popularity and even go beyond the cryptocurrency market. |
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I think Still cryptocurrency is in the early stage of their movement, it's true that with the change of time, the shape and pattern have been changed so in the future we are getting another new shape of money for sure, already we have got the plastic money, digital contract money, so it's really amazing that we are the (our generation) withness of these evolutions of money, Science has brought to us a lot of changes in our lifestyle, so it can't be predicted that which form money we will get in the future, but after digital currency what should we get? that's why I think cryptocurrency will be the dominant form of money in the future. let's see what will come.
I also believe that only after 10 years, cryptocurrency will receive worldwide recognition and will be widely used around the world. So far, cryptocurrencies are at the stage of depression. But I believe that the price of Bitcoin will be above $ 15,000 next year. |
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I don't think insurance can be a big thing for cryptocurrencies personally because the company cannot predict what can happen and what can't .. we see 100% loss instantly , it's not something that can be defined by any policy ;the risk factor is too high therefore am not really sure why would a company provide insurance for this ...
Who knows.. ?
It takes to have a big company who will risk their name and their budget to provide this. Maybe when regulations happen there might be a insurer who will do something like this maybe applicable only in their government. It will take a lot of process since insurance companies needs to provide KYC and interviews in anything I wonder what should be insured a wallet or all crypto involved in one owner or in an exchange. It will take time but I hope exchanges provide insurance in hacked accounts if its explainable how it happened. I really hope that an insurer will appear on the cryptocurrency market that will change the situation for the better. But to begin with, the Exchanges must receive a package of insurance services. |
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