Nice to see positive attitude, but be realistic
You are seriously a blind guy, the price is being extremely manipulated right now, the BIG WHALES are trying to push the price to the bottom so they can buy at a cheap price, it has been seen a lot of times before. Are you blind? or are you dumb? You should probably be nicer to other members here. He's just sharing his opinion and you can do so nicely as well. There's truth in your statement when you say that the whales are manipulating the price. It's definitely been the same cycle over and over again since the China FUD and whales are getting benefits out of it. The thing is that the average Joe can also benefit off of it because if they purchase bitcoin now, they'll have those gains when it starts going back up as the whales purchase again. They can easily ride the wave. |
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I think everyone is saying Bitcoinwill hit the 10k USD support line, if it goes even lower than that and breaches the 10k usd support, then prepare for a grand exit and the biggest crash in bitcoin and altcoin history. Many then will lose their money and they will not want to participate any longer in this altcoin market. Then the big whales will just get richer by buying everything up again. We will see this play out over the next 7 days, If Bitcoin crashes under 10k USD say bye bye to your store of wealth.
I really don't see this being as bad as you say it will be. The whales will definitely pick up on Bitcoin if it goes back into 4 digit range. They essentially end up driving the price back up, and then again more people will start investing. The cycle of Bitcoin would continue. I think the support at 10k is strong enough to withhold large drops, and we're even seeing some growth again right now. |
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Outside USA the crash was don´t had a big impact
I´m buing cryptografic blocks,
I think that it's not because of USA, people are selling Bitcoin because it's pretty much Christmas season. There's no way that this many people are selling just because it's Christmas season. To have an almost 50% drop from 20000 to 10000 (I know these numbers are slightly off) would require a lot more than just people wanting to sell for Christmas. It was probably people wanting to move their BTC over to altcoins because of how well the alts were doing, causing a tumble that ended up with more people selling because they got into Bitcoin when it was at a much higher price. |
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The problem in here is that no one is looking at that.. If you see the charts, obviously that it is still much more expensive than what it was before.
Because the price was less than $5000 just a month and 10 days before, no one can compare that.
but those panickers are always going to be around here.
People are driven by that sweet sweet greed. Also, I guess one thing to take into account is that people probably came into the Bitcoin game at some point where it was over 10k because that's when Bitcoin really started to make a name for itself to the general public. Now that they're in the game too, they're bound to be selling when they see Bitcoin dropping even a little bit because they might have bought at 15k and want to not be in the red. This cycle continues for those who are scared, and so we just end up with this drop. After the drop, people end up coming to their senses and start buying again... |
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I think the price will be stable at $ 10,000 maybe $ 20,000 yesterday is a surprise in the world of crypto but it can not last long, and I'm also more likely to see a stable bitcoin at $ 10,000
There's definitely a lot of buying support around that 10k level, and people aren't super foolish. The only reason I'd see people not buying at 10k is if Bitcoin is on a huge drop very quickly. If that's the case, more people are likely to get scared and not invest into the coin. I guess one thing to take away from this is that it's really similar to the China FUD in terms of how drastic the drop was. For people who are scared about the price, just remember how far back up we made it after China. |
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I'm being serious. This drop is different. The number of people involved is enormous (e.g. cryptomoms). Bitcoin (and ultimately all cryptos) will not recover from this one. Too many people will be burned here for the market to sustain itself. We're finally (finally!) at the beginning of the end. I've confirmed this with multiple sources.
Please state your sources! This post is making claims without backing them up. Your opinion is definitely a positive one, and there have been many many many people before you who shared the same exact sentiment after other drops. The fact of the matter is that Bitcoin is already on a recovery period. You'll see that the price has gone from 11500 to around 13300. This is close to a 20% increase. With any large bullish run comes a drop, but with Bitcoin notice that there are always rises. |
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Looking to get started in adult entertainment but PayPal isn't an option since their policy forbids it. Are there websites specifically for this? Any advice/info is appreciated.
Are you trying to start accepting bitcoin for whatever services you want? If so, check out bitpay. You can integrate it into your own site as far as I know, and as a customer of other sites that use it, I've never ran into issues with the system. If you're trying to do a more shop-like setup, check put rocketr.net. it might not be exactly what you're looking for, but I think it could work as a solution if you absolutely can't use bitpay. |
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any ideas why bitcoin reversed its trend?
The market right now is down bitcoin as well as alt coins, people lost trust to the coins when the problem occur with bitcoins long transaction confirmation and higher fees, many people say that this is an attack of bitcoin cash to clog the network so that many user of bitcoin will go to them . You and I both know that bitcoin cash won't last too long after this. What we're seeing right now could possibly be a repeat of what happened around a month earlier this year, when BCC hit somewhere around 1,500 or something while bitcoin was dropping. Right after that, the high stake investors who moved over to BCC quickly pulled out and then put back into bitcoin, resulting in a BCC drop and a BTC rise once again. It's just the cyclical nature of the coin; there really isn't much to worry about right now. I'm sure we have some nice cushions at the 12k range. |
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This is how the crypto market works and no one knows on how long all this blood bath will end. This is a shake for the weaklings so for those people who bought this shake and they ride the panic then that's something that they should learn in the future. At this moment there's nothing wrong if you'll just stay calm and don't panic at all because everything is going to be fine again maybe not tomorrow or next week but next year.
People will definitely start buying bitcoin soon again. When bitcoin starts going up, we'll see the alts start going down. If you have thoughts about whether or not bitcoin is right for you while it's in the red, then maybe you shouldn't even have gotten into bitcoin in the first place. Volatility is a major part of the coin itself and it is what makes bitcoin bitcoin. When the alts go up, bitcoin goes down because people are letting go of their btc for other alts. BTC will re surge when people realize there won't be an opportunity to buy at this price soon again. |
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Coming from someone who knows just a minimal amount of information about BTC, this was pretty helpful. It was in-depth enough for me to understand where the bitcoins come from and how they work and it wasn't overly technical to the point of confusion. I was looking for a good and simple video explaining btc to show to my friends, thanks for this!
No problem! Austin Evans has always done a good job with anything tech related. I highly suggest his videos for anyone trying to research reviews of products they're trying to buy or even some introductory level technological knowledge. It might actually be a bit too steep for people JUST getting into bitcoin, but I think this really hits a sweet spot between those who know a little about it and those who know a lot. |
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Hey guys, I stumbled upon this informative video from Austin Evans for anyone who wants to get into Bitcoin. https://youtu.be/2X9eJF1nLiYWhile he doesn't go too deep into the technology behind the coins, he does offer a great surface level explanation of Bitcoin, how it's obtained, and some of his own opinions as well. The only part I have against this video is his use of coinbase, but I think it's just something an average Joe would use at this point. What are your thoughts? |
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You will hardly find a property being sold for Bitcoins or Ethereum. However I believe it's a good kind of investment depending where you are buying the property, in returns it's not better than Bitcoin investment at this moment, but from the safety point of view it's more worthful. If you are a whale it's easy for you to use your Crypto-Currency profits to invest into real estates. Developing areas are a good choice and if possible, locations where the taxes are cheap. Another idea, which I think it's much better than real estates, is countryside property, so you can develop a production, don't depending renters or buyers to make profit.
I don't think he means buying a property with bitcoin/eth as the currency. I think he just means diversifying your entire investment portfolio by putting some % into property. Property is a great investment because it can be used as a form of constant income if you have some apartments/housing for rent on the land as well. There, of course, come some downsides with being a landlord, but having that constant stream of income is very flexible and nice. |
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Yesterday, Charlie Lee sold his Litetcoin. He said he was doing it because of the "conflict of interest" that arose as a result of talking about Litecoin. What are your opinions of it? I think that he has a point. Although he may have no monetary incentive for Litecoin to rally, he has every other incentive to see it succeed. It was his creation and he has his name to it. By not holding the coins, he can easily sing its praises without having to worry about accusations of "market manipulation". That is much less that can be said about other coins in the cryptocurrency ecosystems. https://www.coinbureau.com/analysis/litecoin-founder-sells-ltc-avoid-conflict-interest/That's an intriguing perspective you put up. I think I have to agree with you on that, but I just don't know how the community will react to it moving forward. It's possible that they'll see Charlie Lee as a coward of sorts to pull out when there's a promising build up. There will always be people who fail to see that it's potentially beneficial for the whole of the coin, and these people might weigh down the price by removing their support of litecoin as well. We'll see what happens within the next week. |
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Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants – who aren’t limited to the Republic of Ireland – will be entered into a draw whose current jackpot stands at 1,025 BTC. More details on https://news.bitcoin.com/worlds-first-bitcoin-lottery-offering-1000-btc-bounty/ Who's the lucky one? Honestly, I feel like any form of gambling is not really worth it. What if you end up tossing in something like 5$ in bitcoin into some form of gambling. What if bitcoin multiplies ten-fold in the next few years? That's a loss of 50$, assuming you don't win (which is the most probable outcome). I guess people get the rush of gambling when they buy into whatever form they prefer, but in the end, you're more likely to come out negative. |
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I've got a quick question. If I want to buy overwatch for a friend, how would that work out? I want it to go directly to him and I'd ideally be sending something to his email. He doesn't have a battle.net account right now, so just let me know what the best way of doing this would be and I'll let you know if I'm still interested in buying.
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https://www.aex.com/The bitcoin rich Silicon Valley investment chiefs, former Facebook executives and Social Capital founder and chief executive of check - Palihapitiya Maas (Chamath Palihapitiya) said in an interview today, although bitcoin prices rose sharply this year, but he believes this encryption currency prices up a lot of space. Palihaptiya was one of the first batch of bitcoin investors. He started investing bitcoins when bitcoin price was only 100 dollars, and then sold some bitcoins after the rise of bitcoin prices. He and two other Silicon Valley friends once owned 5% of the world's bitcoins at that time in 2013. He said, "I think the price of bitcoin will rise to 100 thousand dollars in the next 3 to 4 years, and then continue to rise to 1 million dollars in the next 20 years." Palihaptiya still believes that investors should put 1% of their personal net assets into the encrypted currency. AEX bitcoin trading exchange to support a variety of digital asset spot transactions,including bitcoin, litecoin, ethereum and other online purchase and sale trading services,to provide you with a leading bitcoin trading experience, to meet your investment needs https://www.aex.com/ I see this statement potentially being true, but it's really hard to look into the future like that if there's no physical backing behind those statements. People can say whatever they want, but he never really gave a true explanation behind his speculation. I don't see any concrete evidence right now that bitcoin is going to hit 1 million. Instead, I see that there is enough support coming in from tech companies to break 20,000 sometime in the future, but that's just about as far as my speculation goes. |
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Looks like BTC is recovering good after the BCH pump. I think we will definatly be between $20000 - $22000 by the end of the year.Any thoughts?
Not by the end of the year, it will be touching those rates during the next year, why do you want to see it now? Just let bitcoin refresh their lungs, it has increased so fast and it needs to rest for a while. It will be touching those prices, and a new all time high, it just only need some time. Yeah, if we run into a bullish run again, there's going to just be another correction/drop that comes just about as fast. Instead, I'd like to see some form of linear growth in bitcoin that's much more steady than the volatile exponential growth we've seen this past year. Of course, that's just what I'd like to see. Without those volatile drops and rises, bitcoin wouldn't really be bitcoin then. BCH probably had a little bit to do with the drop, but overall I think it's just a correction that was due. |
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Yes i also think so Coinbase is good for reservation BTC, ETH, LTC.etc i can trust it for its activity. There are 2FA which give me more secure to reserve BTC.
I'm sure they'll be adding a lot more security protocols since they were hacked more recently. It's their way of letting their users know that they are doing their best to keep all of the money secure. Regardless, I still believe it's best to use some kind of hardware wallet because it removed that persistent risk of someone hacking into an online system and stealing the coins. Using an online wallet makes you a bit more vulnerable to that, but hey, at least they're trying their best to make it as secure as possible. |
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As we can see the price of BTC & BCH, the price of BCC is continuing to increase while the price of BTC is decreasing..
With a better features than BTC, can bitcoin cash meet the same price as the bitcoin have now in the future? Or can BCH can surpass BTC since many are selling their BTC and investing in BCH already?
Share your opinions..
With enough support from the community, sure! Why not? If there are enough people who truly believe in bitcoin cash as the future more than they believe that bitcoin is the future, it would only make sense that they start investing into BCC and not BTC. However, this only goes to show that my point is very loose. It can go for any altcoin. If people believe that some altcoin is worth more and is more capable of being the future, it will surpass bitcoin because of the nature of these currencies (value is found in the support of investors/peers). |
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Recently bitcoin had become a hot issue in a lot of countries and some in heavy discussion to banned bitcoin, from what I see the government is too lazy to look for solutions, blockchain is the new concept of transactions and bitcoin is one of the future currency, instead of looking bitcoin as a threat, the government should look bitcoin as the future coin and should find a way to adapt it, if the government keep on finding excuses to ban bitcoin then the country will be left behind
bitcoin really help people to get a better life, bitcoin provide more job opportunities and ways to increase income, so actually bitcoin also help the country to become better, bitcoin got so many potential and positive sides, why the government only see bitcoin from negative perspective, why the government so afraid of adapting bitcoin?
There are 2 reasons that come to mind. 1) Bitcoin is not traceable. With that, people could be using it as currency for doing whatever the government deems to be illegal. Using bitcoin makes it hard for the government to get a lead on who is involved in illegal activity. Again, while this may seem like a benefit, it can be used by terrorists, hitmen, etc. 2) It's hard to tax. Governments want to get the most out of the citizens as possible for federal funds. Using bitcoin could mean that it's harder to collect that money. |
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