Bitcoin is good investment but I wouldn't suggest to put all your money into it. I wouldn't suggest puting all your money into anything, not just Bitcoins. Every investment is a risk and there is always the danger of losing money so you have to invest with care and you always have to have some back up. Don't ever invest more then you can afford to lose.
I agree. It would be too risky to dump it all in investing because the characteristics of bitcoin may negatively affect your profit. I mean, right now, the value is really skyrocketing in an alarming rate that it would entice anyone with ease to invest everything. But, you have to look at the bigger picture, it's not always like this, there will come a time that it may decrease or may halt, thus, it would be unwise to put everything in, not unless, the money that you are invest is really "extra" and you still have some savings left for your day to day and other unforeseen expenses. |
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Volatile isn't bad or evil it is because some participants in the market can't stomach such moves and as a result you see these bigger companies trying to appease the small guy. With high volatility comes great risk but also comes great rewards. That is why some players like this and some participants don't like this. Hence also why I think less big sharks got into Bitcoin at the beginning because of this. Wait until the futures market comes out in a week a lot more sharks are going to jump on board and it isn't because Bitcoin wasn't always a good asset it is because they can now have multiple ways to play the market which is what the big guys like.
I agree; however, I think that it's a unique feature of bitcoin that keeps people coming. Although there are always risks involved, it's not so bad to actually have that condition because it helps small time traders, users, and investors to earn a considerable profit even if you only have a small capital or investment. However, even if it's volatile, bitcoin has shown, especially in the recent weeks that there's no other way but up now. |
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Guys I'm wondering why BTC is moving this fast to up? With logic there should be a huge amount of money flew into BTC market but I don't see any reason to make this happen. Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?  Bitcoin price is going up so fast because suddently a lot more people than before want to buy coins and less people want to sell it. There's less and less "free" bitcoins available on market so those selling can do it at a very high price. There is likely more than a single reason why all of this is happening but the most probables imho are that people either doesn't understand why the price doesn't stop going up and decides to buy even if the value is crazy atm or most hear others making money from nothing and decide it's a good moment to invest. Among all there are also those who know what they are doing by the way. Don't really know how all this will end up but I suppose BTC value will have to go back to decent levels before crossing 25k. Yes, law of supply and demand, I guess. Bitcoin's demand right now is so high because of the high price point it carries, unfortunately, the supply is very scare because many people who has bitcoins in storage are choosing to keep a tight hold on it because they are betting that its price would continue to soar. Also, it has gained a lot of traction and attention since its sudden price surge. I think more and more people are beginning to notice of bitcoin's potential, and many has been actively trying their hand on it. |
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only cold storage.
things aren't really different when it comes to storing an altcoin. so same as bitcoin the safest way to store them is using a cold storage. and that means paper wallet or anything else that offers cold storage. for example Trezor which is hardware wallet supports a couple of altcoins too.
if you search around there are tools for making paper wallets for most of the altcoins too. you just make it offline on a clean computer and then at the time of spending you just install the official wallet and sweep them.
I think that's the best contingency available. I mostly use myetherwallet because most of the ICOs I join deail with cryptos that is supported by that wallet. Having said, I think it's always better to have a cold storage that is not connected online to avoid the risk of it being hacked. Also, you should keep multiple copies of your etherwaller code without compromising its safety and the risk that it would fall into someone else's hands. |
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In signature campaigns, you pretty much put a message advertising something for the person who runs the campaign. Every campaign has its requirements. You can find a list of the campaigns available here: https://bitcointalk.org/index.php?topic=615953.0Most of them require having a category of member of above, so you also need to post and participate in the forum in order to get that status. Hope it helps. Good tutorial. It depends on the company, while most companies pay altcoins, there is a select few companies that give bitcoin as payment when you join in their signature campaigns. Like the above-stated reply said, you would have to enroll or register, and you would need to post in the forum replying to many different topics or posting some queries or topics yourself. However, you should take note that most signature campaigns don't accept newbies, so the primary goal is to actually rank up your account, so you can have more projects to enroll in. |
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I believe LTC could reach this Level even faster. When we see how much gain some of the top altcoins made the past days (like IOTA or Monero or DASH), it's not unlikely to expect.
Well, I think even if they are all altcoins, it's very difficult to compare all of them because they experience different situations in the market, plus it has different followings across the cryptocurrency users and supporters. I think one determining factor that can shape the price point of LTC is if the bitcoin surge would halt, and that it would give some time for all altcoins to recuperate. Right now, many people think that bitcoin's rise has been really depleting to altcoins, and some are even saying that the days of altcoins are numbered. |
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I would say that it may have the chance to reach 20k dollars if it continues the pace and track it is going now. If you would ask me this questions maybe a month ago, I would be negative and say that it's impossible, but bitcoin has shown great resolve in the last few weeks that prompted its price surge. That is very surprising even for bitcoin itself. The 12k mark right now is long gone because the price point it has been circling around is in the 15k mark. I think if there would be a halt in the rise, that would be the value it will temporarily hold.
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Apart from Bitcoins which has proven to be consistent in price appreciation, which of these two coins, ETH and LTC you think is most valuable.
ethereum as of now have good movement in the market price smoothly little price increase but i think comes will be profitable in long term investment, ltc are have same movement of ETH on my observation. I agree with you, and I think most crypto users would as well. Although both Eth and LTC has been the on the upper tier of altcoins across the market. It is undeniable that Eth, in my opinion, is still the most reliable and fairly valued altcoin around. I mean, it can't match bitcoin by a mile, but still, for people who wants to invest long term, I think Eth would be a safe choice because of its substantial value and good price point. It's not that expensive to invest in, but it's not too cheap that profit would not be useful. |
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of course i will try it again in the future,
i will never give up because i already set my goal for future and fail or give up is not an option for me.
as a trader it's a normal thing to lose something whenever we're doing our trades.
even an expert sometime lose some of their money in the process.
my piece of advice if you're new in trading and got a huge loss lately,
take a rest for a day or two days to stabilize your emotion and set your goal for future.
what is the reason you do the trade ? and what is the problem that caused you to lose that much.
learn from your mistake,
i believe you will understand and get used into it.
That's the thing about losing, for most people, they would want to be aggressive and do something different in order to succeed next time. The most important thing to take note after suffering a big loss is to take it slow and realize what went wrong that caused the loss. I mean, there are some things that happen for a reason and some that don't, you can actually experience a loss due to a cruel twist of faith. Even if you use all your experience in trading or follow the prevailing market trends, there are times when you would still lose some. I guess, just charge it to experience and use that to avoid more loses. |
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Do you think Bitcoin will crash one day?
Well if you see at fiat, they crash and recover, so why will Bitcoin be different? It's a currency after all. It will see its ups and downs but the main thing with bitcoin crashing will be, What will make it crash. A way better Altcoin, Quantum computers or a world war 3. The question you are asking has no one definite answer. You are allowed to believe whatever you like  I agree. If it would become really big and reliable that it would be in a state where more and more people would use it and more would recognize its potential. I would say that even if there's always a possibility of it crashing, it would also have the capacity to regain value and not actually die out. It's a currency after all. However, what's unique about bitcoin is it can also be treated as an investment too, it would have other means to survive in a case of a crash. I think it would only see its demise is if another currency system that will be more convenient and be more accepted by people would be introduced. |
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Some countries prohibit its citizens to use it because bitcoin has been use before in illegal activities that was uncovered by the authorities and they are afraid that its citizens will have an idea of using it for the same purpose. Because of its anonymity, some people who do something unlawful prefer to use it instead of payment option that is traceable and that's why some media also emphasize more the negativity of using bitcoin and other crypto that's why others prefer not to be involved with it.
It depends on how your country views bitcoin. For countries that have already accepted and recognized the seemingly limitless potential of bitcoin, then those have actually included bitcoin as their means if not at present, in the near future, to include it in their local market and economy that would surely help in their country's rise. On the other hand, for some countries that have already gave bitcoin a bad name, then many of them have told via media or through their own means that bitcoin is something bad and that people should avoid using, more so investing with it. I think it's just fake news, lack of knowledge, or media or government-fed misconception. |
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Hello....Guys
As we know that the Cryptocurrency is very trending these days. Of course, The Bitcoin Price touches new height day by day and the good thing is that most of the people get more and more benefit from this currency. But I am looking for Alternate Option like Ethereum. So please Suggest me. What's the Future of Ethereum after 5 years of more?
Ethereum is a good option for who are going to invest for long term like five years,but no one knows the price of ethereum after five years because we have no idea about its potential,maybe the ethereum will rise to $2000 in 2018.The ethereum price falling due to the recent bitcoin crazy price rise so it is better time for ethereum investors you can get your coin for cheap price. Good points. The best answer to this question is your purpose and aim for buying any of the two. If you would ask me, I would be a little greedy and choose to actually buy both, Eth for future investment, because right now, you would certainly have to invest a lot of patience with altcoins because it is in a stand still right now due to the surging bitcoin price. On the one hand, I would get some bitcoins for quick market circulation because it's a good investment right now due to its price increasing more and more. |
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Some people have a view that Bitcoin earning can be done without any physical efforts but what would be it's source ? Does anyone have any proper knowledge why the Bitcoin rate have fallen down.
Why Bitcoin rate doesn't remain stable like any other currency?
It being unstable is one of its key features. Many people actually risk some of their savings in investing in bitcoins because of the fact that it can increase and skyrocket in value like what's happening now. Although it would be a strong blow if it falls in a glance, many people who are investing or trading with bitcoins right now are betting on fact that it has really shown a lot of good and positive movements throughout the last few months that drove it's price point higher and higher. I think if this will continue, the worst to happen is for it to reach some stable point where it would retain its value for a while. |
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Bitcoin does not seem to stop growing
2018 Altcoin is dead
I have to disagree. Altcoins has a different market. There are a lot of hardcore altcoins investors who doesn't want to invest in bitcoin. So the market will not die down easily. And as much as investors flocking to the bitcoin ecosystem, there are also fresh blood being pump into the altcoin as well. Maybe bitcoin is really gaining a lot because of so much positive news around like the traditional financial institutions getting into the bitcoin picture. But there are a lot of companies who are partnering themselves in altcoin like Microsoft, IBM and Accenture. And recently, Ethereum and IOTA is booming because of this news. So I doubt that altcoin will be dead, on the contrary it could boom next year. Yup, most solid alt coins are holding their USD value pretty well even in this bullish BTC run.
I would expect another april-may level bullrun in alts during 2018 as mass adoption of them becomes prevalent.
If my memory serves me right. This year March - June is the best months for bitcoin. Ethereum hit its all-time-high during that time and a lot of altcoins also has a massive jump. Let's see next year though, but I'm counting that it will be the same. Both bitcoin and altcoin need each other to survived, Its a perfect example of homogenous market. Me too, it may seem like bitcoin is killing all altcoins now, but I still believe that it's just the law of supply and demand. Right now, bitcoin is so in demand due to it's good price point that it has kept attention away from altcoins in the recent weeks. That being said, I think once the bitcoin surge subsides and settles down, then that would be the chance for altcoins to be reinvigorated and take back it's value, possibly have a surge of its own. |
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20 years is quite long time to predict anything accurately, i don't think anybody will be able to know what will happen to bitcoin or what will be the price of bitcoin after 20 years.
If the level of adoption keep on increasing as well as no any security issue/concern arises in middle of those years, price can be really high than current one but 1 million per bitcoin is very hard to reach or almost impossible within 20 years period.
That's true. It's never bad to stay positive that bitcoin would endure and last until that time, but 20 years, although time flies, as they say, is still a long way to go and a lot of things may happen and change. For all we know, cryptocurrency would be news of old by then and a new system of currency is in practice. But, considering that it is still up, I think bitcoin would survive, and the value would be sky high if it runs its current path. |
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Definitely, in this year it was IOTA, but even this coin won't reach 10$ by the end of 2017. ADA, Ripple and NXT - they won't reach 10$ next year, but have really good potential to grow.
Good list in my opinion. However, I am very optimistic in buying coins in this price range because it is so far down the ladder of altcoins. I mean, it is a good think to "buy low, sell high" because that system has been proven in business year after year; however, my fear is that you would have to wait for so much time before your investment materializes. Even the most reliable of altcoins like Eth took a year or so to increase in value from a mere 10 dollars to now in the 300s range. So, if you can be patient, then good catch! |
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From my point of view, Ethereum has reached their stability in value and will continue to rise for sure. Most analysts that have confidence in Ethereum expect it to exceed bitcoin by market share and price by 2018.
One of them is Olaf Carlson-Wee, chief executive officer of cryptocurrency hedge fund Polychain Capital said in an interview with Bloomberg. Here is how he describes the main reason why ETH is to surpass bitcoin:
"What we’ve seen in ethereum is a much richer, organic developer ecosystem develop very, very quickly, which is what has driven ethereum’s price growth, which has actually been much more aggressive than bitcoin,"
It may have, but I think that it still has some potential left in it. It would not be a good time to gauge if it has reached it's highest potential value and is now in a stable stage because bitcoin has been wrecking every altcoin since its increase last month. Many cryptocurrency users have had their eyes on bitcoin for quite a while now and is so focused on it. Therefore, when this trend settles, then we shall see if Eth would actually regain value or increase some more. |
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Bitcoin price trends is upward. It is consistently rising, 2017 is the year for multiple all time high BTC prices and I know it will continue next year.
You can still buy BTC when it fells down a little bit because I don't want to think that it will hit a hard drop. Just feel the market and keep monitoring...
That's right, since the last few weeks of this month. Bitcoin has really been soaring in terms of value, and it has been very surprising, I think, even for seasoned and long-time bitcoin users. If you would buy now, I think you should be ready to invest a lot of capital since its value is quite high right now. However, I think it would be worth it if you're plannig to hold on to it for quite some it until its value improves even more. |
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Another Nobel laureate came out against Bitcoin. We're all familiar with the banking CEOs (Jamie Dimon) who have been critical of bitcoin, and it's easy for people to dismiss their criticism as coming from a party with interests they view to be directly threatened by Bitcoin. (I don't entirely buy that argument, but nonetheless...) What should be more concerning is the people who have won Nobel prizes in economics voicing concern over the sustainability of Bitcoin's price. Yesterday, Noble laureate Joseph Stiglitz said bitcoin should be outlawed. (Reckless statement IMO.) However, today, none other than Robert Shiller said that Bitcoin was destined to crash, and this is a much bigger deal because of who Robert Shiller is and his work. Robert Shiller's line of economic work deals specifically with the prediction of asset prices and the inefficiency of markets. Mr. Shiller's work lead to the establishment of the Case-Shiller Index which is used to value home prices in the US, and Mr. Shiller famously warned about the dotcom bubble and the housing bubble before anyone recognized they were bubbles. Here he is in 2005 warning that housing was a bubble detached from economic reality, and that it was destine to crash: https://www.npr.org/templates/story/story.php?storyId=4679264. Here's one key passage where he is talking about the housing bubble, and see if this doesn't sound exactly like Bitcoin right now:  So yesterday, Shiller said this exactly about Bitcoin: "Bitcoin, it’s just absolutely exciting. You’re fast. You’re smart. You’ve figured out nobody else understands. You’re with it. And bitcoin has this anti-government, anti-regulation feel. It’s such a wonderful story. If it were only true. ... I don’t know where it’s going to stop. It’s going to go way up, like the stock market in the 1920s. We will reach a 1929 eventually. But then it won’t go to zero, it just will come down." This is one guy who when he says something is a bubble, people ought to listen. So? He directly states he does not know when this is going to stop, so his prediction as always is as good as anyone else's prediction, we all know that once a bubble starts at some point it needs to burst, to have a Nobel prize his predictions are awfully vague, besides to stock market of 1929 eventually recovered, bitcoin is not going to disappear so for all of us that are holders we do not care if the bubble burst or not. I agree with your point. Right now, no one can really accurately tell how this rise would pause or would stop for a while. Also, I do not think that it is a bubble being bitcoin has maintained value and power amongst all other coins in the market. It has endured many forks, changes in market trends and surges from alts. Thus, as far as I know, it is legit and for real. |
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One of the main reasons for altcoin prices being down are due to Bitcoin chasers. People selling off their altcoins due to Bitcoin prices rising. This can end up being a ugly situation for them if Bitcoin tanks rapidly and altcoins start to moon. The result will look like they sold altcoins at the bottom to buy Bitcoin at the top.
That's right. Many people have set their eyes on bitcoin and that has affected how altcoins have been dealt with across the market. It has also been a reason that compared to altcoins where there are new ones every other time, bitcoin is the sole main crypto that holds value. The more value it carries, the more negatively it affects other cryptos. |
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