Investing in bitcoin is risky nowdays and im stick with alcoins.. till price is stable i don't know what happening behind the scene so better just to wait a little longer.
I think that the investment in altcoin is also risky. As the price of bitcoin drops, other currencies also lose their value. Because the exchange rate is linked to the dollar.
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Well, I'm just curious, does banning bitcoin means that all cryptocurrency will be banned from that country?
Probably yes. All cryptocurrencies are related. So if legal regulations are introduced, all currencies will apply.
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Yes it is. probability by 98% "In five years, if you try to use fiat currency, they will laugh at you. Bitcoin and other cryptocurrencies will be so relevant ? there will be no reason to have the fiat currencies?―Tim Draper, billionaire investor and Bitcoin owner. And here is one way why hold bitcoin, Its price has surged to about 583,170,000% of its May 2010 value. That?s when Laszlo Hanyecz paid 10,000 Bitcoins for two large pizzas, which were worth about $30. That puts Bitcoin?s 2010 valuation at around $0.003 per coin (about one-third of a penny each). History may repeat itself and the price may continue to surge. So shall we buy more?
I do not think that the fiat currencies will come out of use. This is a very optimistic opinion. If even once this happens it is certainly not soon. History may repeat itself, but the price may not grow quite as fast.
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It's hard to say. Range from $30k to $60k before the end of 2018. Bitcoin is a good investment.
I think it will be difficult to achieve. This is a very optimistic assumption. Last year the price reached 20k $ and later the correction began and continues to this day. According to me, the more likely it is $ 20k.
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Real friend who stays with us in good period and the bad periods. Some friends go away when you have bad period . They are not real friends they are fake. But real are never run away like this.
Nowadays it is very difficult to find true friends. People only look at their needs. It's hard to find such friends who will not be disappointed when it needs to.
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Do you predict crypto to get to new highs or the opposite ? I speculate a sharp decline on Cryptocurrency specially Bitcoin this year. Call it a inner feeling.
in my opinion it is likely to rise again for cryptocurrency because of the long period of time and the increase can not be guessed because of its temporary nature but if we look from the past that cryptocurrency always rises in the final month if at the beginning of the year usually an unstable decline so I am sure in last July the rise of all cryptocurrency so I am sure for the future. The beginning of the year is not very optimistic for bitcoin. There is a lot of hype around btc, problems with Lightning Network affect the price. Now it's hard to predict what will happen at the end of the year, but I think it will be a good year for cryptocurrencies.
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I'm afraid that if the price drops below 10k $ it can reach 8k $. Perhaps the psychological factor will work, which will bring the price even lower, although it is impossible to predict it accurately.
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I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that
It's a very brave decision. It's very risky, but if you think it's a good step then good luck. Although you can consider your decision again, then don't regret it.
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Nobody likes to pay taxes. Tax revenues help in the development of the country, infrastructure, education or health care. So taxes must be paid.
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I think so. The bitcoin market has big fluctuations. You can make money, and lose a lot of money.
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I'm pretty sure bitcoin will come back to the level before the correction. You can already see that the price is growing.
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Now is a good time to buy. After such a deep correction, there are good prospects for growth and making a big profit.
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I just bought some at $10k, looks like it's down worried I made the wrong decision... Everyone is losing at this point. The amount of losses depends only on the price they bought the currency for. Some lose more others less which is still very stressful for everyone.
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In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .
Bitcoin will not become a national currency. Governments and banks are not interested in this because Bitcoin is decentralized and can't be easily controlled by state institutions.
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1800 $ usd at the end of 2018 is probably not possible. The price has fallen very much today, but this may cause that people will soon start buying again and the market will start to grow again.
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Looking on GDAX
ATH = 19800$
BTC always corrected around 40%
19800 - 40% = 11880 - Thank me later.
Buy in on 11880 and you will win against whales.
Why it will hold - just greedy people need to lose all on alts. I was telling CRYPTO CAN"T LIVE WITHOUT BITCOIN. IT IS IMPOSSIBLE AT THIS STAGE. UNTIL PEOPLE WON"T SELL ALL ALTS - EVERYTHING WILL BE GOING DOWN.
IT IS SO SIMPLE - you got to much alts, btc dom went so low that you couldn't buy more alts with it - there was none of it on the market.
1. Big last hope support 2. Bigger crash = investors will run away = end of bitcoin 3. Whales didn't sell !!! - and they know 10 times more than us
I paniced few times - but now it is just simple
Just lookout - fud will be everywhere to make u sell lower
To be sure I predict HUGE BUY WALLS on 11800 - just look for them.
11800 = mathematical/logical barrier
10000 = psychological barrier
Will see which one will win
GL and God bless
Yes, I agree with you. The problem may begin if the price exceeds the psychological barrier of $ 10k, where it may be the panic sale of small investors and crash.
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For me, the safest way to store bitcoins is offline wallet. There are also very good hardware wallets as nano or trezor ledger.
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At the end of this month, 20k will come in. The price of Bitcoin will certainly be a fast growth this year. Bitcoin price will definitely reach 40k. But getting 70k is a little bit harder.
There's no chance of 70k $ this year. It's possible around 20-25k $. The end of last year and the decline in prices gave people a little bit to think about. The price isn't growing so fast and people are hold bitcoin counting for growth.
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I don't think it's possible. And certainly not in the near future. For now, cryptocurrencies used for trade between people. The banking system is still needed to exchange cryptocurrencies for money.
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For a government, it isn't profitable to legalize bitcoins. They don't have control over cryptocurrencies and don't earn money on them. Rather, they will try to ban bitcoin or make it difficult to use.
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