Well, everything we say is just speculation but I do believe if the adoption of cryptocurrencies increase in time then we'll surely see a really good boost to the price.
Majority of people see BTC as an investment and not as a cryptocurrency to use for a daily purpose which is a plus point as it leaves a lot of BTC out of the circulation.
I think $25000 a coin is possible by the end of 2020 or the start of 2021.
yes, I agree with you, it's all just speculation that can be right or wrong. but I am also optimistic that in 2020 the price of bicoin will increase, possibly reaching another $ 20,000. by 2020 bitcoin will be reduced by half. when the number of goods decreases but the demand is constant or increases, it will certainly increase the value of the goods. and hopefully bitcoin is also like that. many hope that 2020 is a good year for cryptocurrency. |
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I think it doesn't matter even though there are many bounty campaign participants, the important tokens are given accordingly and the price doesn't fall. most ICO tokens today do not match the ICO price so we get a small fee.
and perhaps most unsuccessful ICOs are also affected by the current poor state of the crypto market. many ICOs fail because they do not get investors and ultimately tokens cannot develop.
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in my opinion actually bitcoin doesn't need a reason to fall or go up. bitcoin since the beginning was very volatile. but sometimes the news about bitcoin coming from strong countries like China and America can also influence the movement of bitcoin prices. or the decline in bitcoin yesterday was the work of the popes manipulating the market. it is all just a prediction. the rise and fall of bitcoin is certainly influenced by demand and supply.
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yes you are right op all the policies adopted by the Chinese government regarding cryptocurrency always have an impact on the crypto market. because we know that the biggest crypto traders and miners are from China. and China is also included in a strong country whose decisions can affect the world economy. yesterday when China and the United States conducted a trade war the state of the world economy became weak and caused several countries to experience a recession.
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I can't choose between gold and bitcoin. because I like both. if the world goes into a recession and the value of fiat currencies falls, some people will look for other alternatives and I choose bitcoin and gold. I also chose gold because sometimes I am also afraid that suddenly there will be a war or a major disaster that will cause the internet and electricity to fail. then I can't access my bitcoin.
but I can still sell the gold that I have.
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If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today, and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..
yes you are right op everything requires time and process including bitcoin. bitcoin has been running for 10 years and little by little we have headed for mass adoption. and bitcoin has also scored a lot of new wealthy people after the increase in 2017. And because of this increase many people are finally interested in investing in bitcoin. but they don't really research and study bitcoin. they use bitcoin as a quick way to get rich. and they are not ready when bitcoin dumps. |
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yes I agree with you only coins that have good technology that can solve problems, have real uses, and have a trading volume that can last a long time in the crypto market. although coins can solve a problem but not having trading volume will be dead coins. trading volume is also important for the going on of a coin on the crypto market.
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I think the decline of bitcoin is not a bitcoin crash, it just fluctuates and that is a normal thing to happen to bitcoin. so I think we don't need to panic and say bitcoin crashes. bitcoin can definitely pump up again we just need to be patient waiting.
from the beginning until now bitcoin will still be the number 1 and main crypto in the cryptocurrrency market.
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I'm sure no one will know for sure how much bitcoin has been lost. because there is no way that can be done to restore the lost bitcoin.
the bitcoin that is lost mostly belongs to people who forget their e-mail and password so they can't access their bitcoin. and we don't know how many people have experienced this. so there is no way to count lost bitcoin. for now the bitcoin that has been circulating is 18 million BTC remaining that have not been mined means only 3 million BTC.
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Bitcoin is always like this, it can go up and down all of a sudden with small and large amounts, we don't need to panic. Because of this volatility, bitcoin is a profitable investment tool. And in my opinion until the end of this year the price of bitcoin will be in the range of $ 7000 or $ 8000. And I am optimistic that bitcoin will pump next year. And also next year bitcoin will be reduced by half. Hopefully next year bitcoin bull as we expect.
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Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
Yes, I agree with you that holding a coin for too long is greed. because we continue to expect the price of coins to rise even higher. being greedy will keep us from getting anything. it's better to sell when the coin has increased 30% or 40%. then take profit and wait for coins to dump and buy again. I think this method is more beneficial than holding it for a long time. holding it for a long time also does not guarantee we will get a big profit. |
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in my opinion, it all depends on what strategy will be used when investing. I myself will choose bitcoin when I decide to invest in the long term, or invest from one year to the next. and when I will do a short-term strategy, maybe I will choose altcoin as my choice. in such a way, in my opinion will minimize the existing risks. because I myself believe in bitcoin to be waited for a long time than altcoin.
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yes you are right op stable coins will be a good choice when the hope of a bullish market in 2020 does not materialize. if in 2020 bitcoin can't pump then maybe I will move most of my portfolio to a stable coin. and later if the market starts to go green again I will go back to buying bitcoin. Stable coins can be a good choice for securing our assets in the current bear market.
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in my opinion looking for information about crypto on Twitter is not wrong. because there are many crypto users who share news or promote new projects through Twitter. we can make this as a reference. but then we also have to keep doing our own research by asking directly to the project developer and also looking for information in this forum. so it's no problem finding information from Twitter but also finding information from others. Don't just rely on Twitter.
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I'm thankful I've never experienced theft. I myself use the MyEtherWallet wallet and I always save my email, address and password and I also add my wallet with 2fa and also be careful when using it. Don't easily click links that you don't know about. and in my opinion if you have a fairly large amount of bitcoin it's better to keep it in a hardware wallet I think it will be safer.
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A few weeks ago when bitcoin started to climb up and seems persistent above $8K, I thought we are slowly going towards $10K but it getting further away at the moment. I've bought at $9K to support bitcoin but turns out to drop below $7K, well another chance to buy more then.
There is one month before the end of the year, I'm still confident that bitcoin will reach $10K, the possibility is still there.
everything is possible in the bitcoin market. bitcoin which is very volatile can go down and up quickly. just like you yesterday I also predicted bitcoin at the end of this year could pump up to $ 10,000 again but the fact is that the current value of bitcoin actually continues to decline. and this week bitcoin has decreased quite a lot. maybe until the end of the year bitcoin will continue to decline. if we have money of course this is a good opportunity to add bitcoin. and I'm optimistic that bitcoin can pump again to reach $ 20,000, hopefully next year the bitcoin bull run. |
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this week bitcoin has continued to decline. and the current value is $ 7,700. maybe the prediction that says bitcoin will dump before it halves by 2020 is true. the whales can manipulate the price of bitcoin to be able to buy more and then hold it until bitcoin divides next two years. and this is also a good opportunity for us to also add bitcoin. maybe until the end of this year bitcoin won't be able to reach $ 9500. I speculate maybe bitcoin will go down to $ 7,000 or even $ 6000.
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Millennials are you who were born in this digital age, of course they would prefer to invest in bitcoin than gold and real estate. bitcoin is more practical and very suitable for use in the digital age as it is today. and volatile and decentralized bitcoins are becoming increasingly attractive investment tools. if we are good at exploiting the volatility of bitcoin then we will quickly become rich people. and to invest in bitcoin does not require large funds such as gold and real estate investment. because we can buy bitcoin in the form of satoshi. so do not be surprised if millennial prefer bitcoin over gold and real estate.
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I've also experienced things like you op always hold it and keep hoping prices can go higher. and finally I experienced a big loss because the coins I hold don't pump anymore. this is what is called greed and this trait I think will make us not get anything. I also learned from this experience. it's better not to hold a coin for too long. I will sell my coins when the coin in hand has experienced a 40% increase. and then take advantage.
it's better to make a little profit than nothing.
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I think everyone has different choices. we cannot force others to like what we like. mining and investing both have advantages and disadvantages. all depends on ourselves more comfortable doing which. I prefer investing ICO / IEO rather than mining. because I don't have enough money to buy a mining tool and also I think the operational costs to be incurred are quite large.
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