Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
No I didn't try to borrow fiat or money inorder ro invest in cryptocurrency or bitcoin. I know that we cab earn or make profit by investing money in bitcoin but I also know how risky it is to invest your money into this world in which cyrptocurrency is volatile. it may dip really down or it might also make your money double. so my technique is joining into campaigns and the coins I got from their Invested it to the coins that have a possibiliyy to pump . |
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Which one is the best cryptocurrency next to bitcoin?
I think for me the best cryptocurrency next to bitcoin is ethereum and litecoin. I have my ethereum too. if you will study the price of ethereum you can see also that it started with very cheap price. even last dec it was only 450 and became 980 somehing now. it went to like 1400 also on beginning of january vut it goes down a bit . but it is still on its high price. litecoin too I think it is also good to invest in that coin. |
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Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.  you are correct, atleast know everything before putting in your money or investing into something. and also invest only what you can afford also to lose because it is very risky. me , I am here in bitcoin but everything I invested in here comes also from the bounty that I joined. I didn't invest any single penny from my pocket. |
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do you think it is going to 6000?
I don't think it will go down to 6k usd until it will ho back to its high price again. this is bot the biggest dip in bitcoin. don't sell your bitcoin you will regret later. wait for such time that bitcoin will go back to its price which is higher that what the price now is. So hang on and wait a little bit. Hopefully this will end sooner. |
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Why BTC along with all major cryptocurrencis are down today? Not heard any news to reasonate with this drop.
Now there are too many reasons and it's hard to understand myself. the first time this began, it was attributed to the korean FUD but they came out to say that they have no intent to ban cryptocurrency. second was about the court case and that also turn out to be not the cause. now the current news i heard was that, the fall is from the chinese holidays. so if this is true, then we must expect growth after 14th Feb. yes I have heard all of those but I don't really know what had happened why the price dip down. I do believe that korean FUD affect as well and some people were in panicked that they sold their bitcoin. maybe tha market flactuations . there are many factors maybe that we don't know . we will wait and see after chinese new year if it will rise again but still I believe that sooner it will go back to its high price. |
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I heard that BTC is going down and will soon gonna be dead. Is it still a good idea to invest in BTC?
I don't think so. it impossible . it will not happen. it maybe on its dip now but it is not going to die. try to look back on the previous years , compare to this year , this is not the biggest dip of bitcoin. only 48% had decreased , there was april 2013 .It was 79%, but then bitcoin rise up again to its peak. this will going to happen also soon. |
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Will bitcoin continue to fall to $ 6,000$-5,000$?Yesterday bitcoin has fallen below 10,000$. Today bitcoin continues to fall deep down to 8,200$ and possibly more. I bought bitcoin at 15,000$. Who can advise me to keep or sell bitcoin at this time? Will bitcoin continue to fall to 6,000$-5,000$? what should I do? please..  I don't think so. If were you I will keep hodling your bitcoin. you bought that in 15kusd so if you want really to get your money back wait until it reaches 20k again. I don't think it will fall to 5kusd. it will rise again sooner. |
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Yes keep holding your bitcoins because right now the price is very less. In the upcoming months it will give you very good profit.
yes, keep hodling your bitcoin. you could double that in the coming months or year. now is not the right to sell as the price now is decreasing . hodl , it will rise again. just relax. don't panic.of the price dip it is just normal . |
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Take a look around the crypto community, both in meatspace and online, and it would be fair to say that the majority of participants are male. This is borne out in a recent survey of 2,000 Americans which shed light on the makeup of the bitcoin space, highlighting a stark gender divide. In fact Google Analytics data estimates less than 4% of bitcoin users to be female. The question is, why? Source: https://news.bitcoin.com/why-arent-there-more-women-in-bitcoin/?utm_source=WhyI think it is in the nature of men to provide for their family. perhaps that would be one of those reasons behind why there are more men than women who are into crypto world. Men are looking for an extra income to provide for the family. one more reason maybe because men are more keen on technology than women. |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
every country has its own laws, rules and regulations. maybe they think it can't help to their economy because they can't tax those who are earning from cryptocurrency or maybe they want to control everything in their country . maybe they are avoiding money laundering too. I'm sure if they banned bitcoin in their countries they have a reason for that to do so in which for the good of their country also. |
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When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
In my opinion, crypto currencies will be forever volatile since its decentralized. Any news, positive or negative will have a huge impact to its price every time. I think the only way for its price to become stable is if it reaches a certain value you can never imagine to have. I also agree with you. it will forever be volatile even bitcoin that has its name already and been number one cryptocurrency for a long time, it is still volatile because of this demand and supply factor that may affect the price of any crypto coins like bitcoin and also the mining factor. |
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To be frank the real thing that brought people in the world of bitcoin was making in the first place. There are more google searches of bitcoin than previous top searches and it makes me think that bitcoin has made everyone crazy. We might think that people want to avail the different service of bitcoin but no, that’s not the cases, people don’t search where I can use bitcoin, people search how can I earn with bitcoin more often. That completely tells us how greedy they are and it’s all about the money and nothing else that is attracting many peoples here. Let’s be just honest about that.
I completely agree with you that to earn money is what makes people want bitcoin or what drags people in here but what do you call people who want to earn money or extra money for living? they can't be called greedy. everyone of us .I am sure including you, you are in here too to earn money or to have at least an investment to earn profit..bottomline is we all want to earn. it is better to do bitcoin and earn to help your family financially than to do nothing. |
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Bitcoin is standing still, but I think that by the end of 2018 it will be between $ 80,000 and $ 100,000.
yeah true, bitcoin fall down its price but it is still standing and still the number 1 cryptocurrency. Take this as an opportunity to buy bitcoin and hold because I believe it will increase again to its peak before year ends. Because even of you check the price before ,it is still higher now compare to previous years. |
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Mine was selling Verge before it went 13X lol.
Everybody post their biggest mistake!
It is not actually a biggest mistake but rather a biggest regret when I sold my coins into a cheaper prices because of this weird premonition that I thought it will crash then suddenly after I sold them the price went up like tripple of the price higher than the time I sold it. it happened to me three times already. now I am vey careful and I am reading all the sources before I will sell my coins. |
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why all coins are going down..? can i sale it or hold.
it is normal in cryptocurrency world, sometimes it goes down and sometimes it goes up. I have read this in one of those sites that before chinese new year prices of coins will fall down but after chineses new year it will go back to its higher prices. I don't really know if its true or not but if you study the prices of bitcoin from previous years it really decreases every ist quarter of the year. so for me it is the rigt time.to buy coins and hold. |
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Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?
I don't think so. bitcoin decreases its value but it is still the number 1 cryptocurrecny until this very moment and people are still supporting bitcoin. it is still very popular . maybr people are a bit in panic for they have bitcoin investment but it doesn't mean that bitcoin will fall down to its lowest value and crash. it will rise again soon. |
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what i did is very simple just show them what i get from bitcoin and they will asking me if they interesting. i show them what i get when i trade using bitcoin and for how long. ussually the think is just bullshit or some kind of scam. when i show them my money from bitcoin they stard to believe
same here, I alwayw explain them how to get that without spendig cash like networking business because it will look like a scam. so when they saw my earnings they are ofcourse interestes to join. so that is the time to educate them about bitcoin and how to earn from it.like first step they should register and step by step process. one at a time. so successfully I've got 2 friends, they are now also in bitcoin. |
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Bitcoin doesn't hold the promise it once did, explosive growth and adoption, now the only explosion in adoption is the number of segwit users. People are using the lightning network before it's ready, potentially damaging the bitcoin ecosystem.
So I ask you, what can we do to improve bitcoin adoption, reduce fees and protect bitcoin for being crushed by regulations?
I think even in a simple way we can help bitcoin by advertising bitcoin in social media like facebook, twitter , blogs, youtube and so much more so that when people is really aware how bitcoin can change our life , they will start also to research about bitcoin and will end up joining the group of investors of bitcoin. it can help bitcoin as well to frow. the flow of demand and supply also should be balance. |
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Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created? Here are some reason : * To change the perception of all people about the digital currency. * To improve the payments and transactions and in the internet world. * To become the image of money around the world. * To protect or hides the identity of the user, for security purposes. * To give an opportunity to all people around the world to earn a secondary income. * To upgrade the currency because everything in this world is now upgrading. SHARE YOUR THOUGHTS  If this post is worth of your merit, Thank you I am not really sure why bitcoin is being created but what I am sure ,based on my own experience is that it is created for people to earn extra money and to have an investment using the technology. people behind bitcoin team are so smart to come uo with this idea. but what important for me is that their idea is now a world sensation.it makes people crazy in a good way. crazy to learn and earn. who could imagine ? I am earning too without investing any single penny from my pocket. we must be thankful that someone came up to create bitcoin. |
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