Yes I think bitcoin value can be $5000 or more, early this year people said bitcoin will be worth $3,500 by December but it really passed that price so I am confident that bitcoin will reach that price.
Price of bitcoin seems growing and right now the stability gain is taking place. Maybe the price will reach $5000 or even higher in a short as the entire digital currency network is getting an increase in user profiles which is the major requirement to be successful in growth of value. Another thing today the bitcoin cash value has been found dropping which might lead the price of bitcoin go higher at the earliest. |
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Someone shared an image of a small local store called the Bitcoin Store in /r/bitcoin about a week ago. It was supposedly located in the Philippines, in a small town called Davao?
Would the owner be one of the people in this thread?
Might be roaming around the forum. Our forum has gotots of users from Philippines and importantly it is a growing market for entire digital currency. The plan of implementing a store unlike the location is a good move, because whether it's a town, village or city doesn't concern. All it matters is the acceptance and usage across the locality. If he doesn't profit big now, he gets an assured profit in the future when more people know about it. |
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I dont think bitcoin will reach 100k dollars in the year of 2021 because that price is very high and before they reach that I think they need 1 decade more to reach that price. But we dont know what is the exact price of bitcoin after 4 years but I hope the price is very higj in the next few years so we can make a lot of profit in the future. More bitcoin that you have more money to get .
The chances were low, but we cannot deny that price increase won't happen to that extent. This year the adoption has increased in a large scale. Secondly few countries have got into the legalized use of bitcoin and we have reach above $4000. If the same happens in each and every country then price reaching $100k is not a big deal. |
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Every user expect for a price pumping by the month end, but none is sure about the hard reality of the price variations. Anything might happen anytime. It's all about the market acceptance and the circulation of bitcoin with regards to the total volume of coins available in the market.
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I think you can do mining using hardware. You just have to do some settings in your machine and you will get bitcoin without doing anything.
This is something unfair because bitcoin mining is not that effective and simple way to earn bitcoin. Mining is quiet a hard task that needs a big investment and people with little knowledge about bitcoin can't involve into mining. These days small scale mining is not that effective to get a steady income. |
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For me the answer is pretty simple: Bitcoin can not be viewed as a currency, as it doesn't have stable value. So it's more like an asset to be speculated with.
That said, it's more than likely that Bitcoin will be a full-fledged currency in the future, when the price has stabilized.
If the price stability is the one that recognize an asset as a currency then USD too can't be considered as a currency, because USD too varies in value to some level periodically when calculated to other fiat currencies. Bitcoin as a currency is upon each users will to use on multiple needs. |
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If it was like a business it would be like VISA or Paypal. VISA and Paypal are companies with employees and shareholders. With BTC, there are no employees, and no shareholders. So it's not like another business at all.
Bitcoin is highly fun and a better way to earn, but as it's uncertain to be an commodity for business won't be that effective. It's good to keep it as an transaction token and can start similar to the Western Union and related services that are globally know for transaction between any two corners of the world. |
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I think gambling is very addictive and it is not possible to leave when you won the gambling. After winning many people will think if they continue playing they can win more amount of money with the experience they have.
It's addictive and I'm sure about that because I have experience it in the past but not possible to leave when you won is not true, every individual has their own decision so anytime we can leave if that is our will. We are in control of ourselves and although sometimes we are being driven by our greed we also have that moment where we can realize we need to leave and enjoy the winning that we make for the day. for the person who still not really engaged about gambling i can agree with you but for the person who really got addicted quitting would be the hard part of their enjoyment as they really get attached and they always wanted to try their luck so quitting for them would be so difficult. The fun factor always in the winning the game itself. So yeaaa people will keep looking for that winning until that time people won't leave the game. Usually even for the kind people who have got addicted , there is no time to leave until you have nothing to do. The fun and excitement will be high when the winning happens profiting the users. When the winning takes place from what you have won using a part of it for further gambling helps avoiding big losses from capital. Another thing thing if the consecutive event fail its better to leave. Else the fail might continue causing big loss. Same is while losing the very first event, if you can't then just limit yourself to the affordability and then play in a wise manner. |
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I feel bad of selling the small holding for an amount less than $4000. With panic in mind of missing the ath sold it low. Now trying gard to invest and get back the missed profit. Till now haven't got a plan to make a profit out of the same. Hope selling now too doesn't feel good as price is expected to increase more.
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Printing dollars without any backing is like printing papers. This makes the currency go valueless and every country has got its own system for printing currencies. In several countries gold will be placed as an reserve and based on the value of gold holding currency will be printed.
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The price has indeed declined quite a lot from the ATH of $4500 per coin, and i have been expecting this to happen quite frankly.
As i said, there is simply denying that this was in a bubble because it has simply risen too much in too short of a period. There are definitely going to be a correction, probably much bigger than the current one coming maybe a week after Segwit actually gets acitvated.
However the price could well go up again after that major correction. Nothing is certain when market seems to be going absolute nuts.
Just do whatever you feel comfortable doing. But i think that bearish market might set in its full effect by next year.
The ongoing year has been experiencing bullish market, so the upcoming year might give us the bearish market scenario. As the above mate described nothing is certain with the cryptocurrency market. Based on this anything might happen, even the upcoming year can go bullish in the start and turn to be bearish. The growth right now has been under correction, but it is quiet sustained with stability. |
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I think we should not look at Btc and bcc as a two competing Force as bitcoin core has no competitors among others coins including bitcoin Cash. Bitcoin core has created alot of trust and dependency and it can stand alone against any force, it is conform to the idea of the founding father.
Yes, both has got evolved from a same chain. Importantly both has got the growing potential and the growth happens based on the investment done by people trusting the asset. Anyhow being the base for the digital currency network btc gets more support rather than the Bcc. |
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In my experience most of the time I panie c myself and end with loose. after 3years of trading experience now I just relax for a while and deside what to do then make decision what next move to be.
Emotions change when you won and when you loose depend upon the wining and loosing.
Experience will really help you because if you know how the market move then for sure you will never panic, when you panic that could be the end of your journey as that means you do not trust your decision to invest on bitcoin. Knowing that bitcoin's price is volatile should already understand that anytime price swings can happen and instead of feeling the pressure, let's relax and wait for the pump. Panic is the one that make user go uncontrolled and end up in loss. One who overcome the panic happening in accordance to the market will be successful. An example for loss on panic is the recent selling that I made when the price was moving towards $4000 at $3800 when there is no need for cash. Now what can be done, this is just because of the panic on missing the high growth. |
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I hope bitcoin can last and be used for thousands of years, but we have to be realistic because the changing times are very fast and unpredictable, for example is Nokia, Motorolla and many other companies that were once considered to last a long time but they ended.
Same as the fiat getting used around the world for thousands of years bitcoin too will be used for a longer time period. The reason is that the upcoming generation is completely dependent on digitalization. So when everything goes digital the long lasting will increase gradually benefiting the user. |
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Bitcoin is actually more suited to be an investment rather than a day to day currency. I still suggest you to buy some and hold them instead of using them, and treat them as 'gold'. If services like fast food restaurants decides to use Bitcoin as a payment method, maybe they can come out with a method that allows for no fees between accounts, but this is just a suggestion. Existing methods including Bitcoinpay, but it still charges a fee of 0.8%, not completely free.  I also think that my friend also wants to invest in bitcoin and keep them to reserve but bitcoin reserves are not like gold reserves because bitcoin reserves will get more profit as bitcoins are growing and I think Storage of bitcoin is a right thing to do. Yes, this is not perfectly understood by users who are thinking much about the future. Majority of the users makes a diversified investment, so that if something happens with one investment the loss can be compensated with the next. I suggest to go for an all in all investment on bitcoin. Withdraw the capital after a price growth and then diversify into different investments under centralized systems. |
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I'm glad you guys are enjoying the content.I'll periodically keep updating the thread with awesome content across the internet.
For now we're seeing a small dip but don't worry it goes down to only come back with a wave!!
Ad stated a price dip happened taking the price lower to $4000, and the same has got risen in a short time. Currently the price is getting close to $4100 which might increase and reach a new ATH as more users are getting into the bitcoin network to benefit out of it. |
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oh. Thank you Pakistani to give this lesson to India.
I note that Indian always copy Pakistan do something Unique Dear Indians.
With such useless posts never create a bad image over each others. Each has shown the respect to their own country through what is possible. As Pakistan independence was one day prior to India, so they generated an way to express their love to the country. Following that Indian people have showed their love. What's the need of a person like you to create an unwanted issue. |
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As the price of bitcoin increases gradually, sure the number of people holding bitcoin for the future increases. This is just because of the ongoing adoption as well the bitcoin price peaking has begun crossing $4000. Another thing is that bitcoin price is predicted to increase much bigger and reach $500000 by experts. Hoping for this people focus much on holding than spending.
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As the price seems to be in peak, what you've saved as pennies have grown high. This is an surprise, because user could have never thought about such a balance in his gambling accounts. This is purposefully did by most users, who just save in wallets and forget it. After years when the profit is calculated it would be in multiples that user might have not got through gambling.
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If you are comfortable with current price of bitcoins then you can invest in it now and if you have a feeling that price can drop in next few days then you can wait for that moment but price is rising now so I don't think that we will see major drop in the price in next few days.
yes every one has their own choice but i will say that it is good to invest money in bitcoin right now, because there is still good opportunity to invest money in bitcoin because the price of bitcoin is expected to increase too much high. As stated price of bitcoin is much high compared to the days over the past year. Even before months the price was found around $1200 and this has grown as high above $4200 in a very short span. Hope this increase rally towards $5000 profiting the users who have trusted it and expect to be a part of the growing community. |
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