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1421  Economy / Trading Discussion / Re: Bearish trend is over on: August 24, 2018, 04:59:35 PM
We have remain with the bearish tendency in the market for most part of the year but keenly i noticed that bitcoin is yet to break the support of $6k and has remain above that support level and  I think that any moment from now we will see the reversal and the rally  commence.
I guess that the bearish trend is still on going, as we can see in the market, even though the price rise slowly, the fall is still big than what it rise, it's still stuck on the $6,000, it can't even hit the $7,000 right now. In its current situation, a big fall of price is still expected, that's why some investors are still uncertain.
1422  Economy / Economics / Re: Will countries or central banks create their own cryptocurrency? on: August 24, 2018, 04:31:33 PM
In my own opinion, I guess some countries, especially countries who are successful will create their own coins for the future, since it's easy to transact and weightless, and also in the future, we'll possibly use electronic money, that's why I believe that some countries will make their own cryptocurrency in the near future.
1423  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: August 23, 2018, 06:18:11 PM
I think volatirity will be smaller and smaller. There will be more chance to pay with them, scalability will rise hugely, as the technology improves. Wink Wink
Indeed, I also think the same, the volatility will be smaller and smaller once it become the future currency. I think that the future of Bitcoin is really great, because in the future we will use virtual currency for sure, and Bitcoin is the first one, I think that Bitcoin will still be alive and used in the future, it's still blooming right now.
1424  Bitcoin / Bitcoin Discussion / Re: Bitcoin End Goal on: August 23, 2018, 05:53:45 PM
My end goal for Bitcoin is when it's accepted  in the world, and become legal too. That's the end goal for me, because once it reach that goal, Bitcoin will be common and use in our daily lives, so there will be no goal to achieve after that, because it's already a legal currency all over the world.
1425  Economy / Trading Discussion / Re: HODL is not advisable! on: August 23, 2018, 05:26:48 PM
Lazy? Really? Does HODL really meant like that to you?
Have you imagined what if no one HODL's bitcoin as an example?

Will you really see this kind of price and also will this altcoin be created if they did not see bitcoin grew like this.
You might want to rethink on what you are saying.
Give thanks to those who hodl for they are the courageous ones who believed in the technology and not just money which you are referring too.

It is not being lazy. You are just too greedy to want fast money in your pockets.
I agree, that was a strong statement though, holding is still advisable though, because you have no choice but to hold, because you'll really suffer a big loss once you sell, I agree that it was thanks to people who's still holding and giving faith to Bitcoin, I'm surprised that the price where Bitcoin is stable is really high, and most of the people are complaining with that. If you're endorsing some post like this, then you're making the market suffer more, this post might influence some people to sell, and that will lead to a loss again to the market that's just recovering.
1426  Economy / Economics / Re: Study says being rich is determined by chance rather than intelligence or talent on: August 23, 2018, 04:48:46 PM
In my opinion, I think it's base on the people who'll make him rich or wealthy, because even though people have a chance, but doesn't know how to make handle that chance, then nothing will happen. And I also agree that being rich is not base on being intelligent, because I know some few people who're intelligent, but not rich. I think if you're good at making strategy, and decision making, then your chance of being rich is high.
1427  Economy / Economics / Re: Simply predict the future of bitcoin on: August 21, 2018, 04:23:37 PM
if bitcoin bull will comeback early than expected for sure people will gonna love it and people will buy again more bitcoin. Future of bitcoin can be simple and it can be so complex. It can be simple because people can send money to anywhere they want if they knew bitcoin. The complex thing is that if bitcoin connects into specific events like voting using blockchain.
Indeed, if Bitcoin bulls before the end of the year, it will have a huge impact in the market, it will regain the trust of the investors, and also some countries will be curious and start to adopt it slowly, then the popularity of Bitcoin will be high again, causing the price to be high again due to a lot of investors.
1428  Economy / Speculation / Re: about bitcoin price??? on: August 21, 2018, 04:00:46 PM
I am new to this field , this field about crypto currency and bitcoin my friend introduced it to me
Now I got an confusion that , why the price of bitcoin keeps falling why so ??
If it is so then how to trust it??
There's a recent country that banned Bitcoin, that's why it leads to a huge fall of price, and some companies who's investing in Bitcoin sold their Bitcoin, when the price fall became huge than they expect, investors started to panic sell, that's why the price keeps on falling, I guess some investors sell their Bitcoin also when they had a chance.
1429  Economy / Trading Discussion / Re: For this reason, wouldn't ETH be the future of all crypto? on: August 21, 2018, 03:22:39 PM
I do not think the ETH will be the king of the cryptographic market, I think the BTC, because the BTC is too strong and almost to mention the cryptographic market, we think of BTC


Yes, your words have the truth, Bitcoin have big name, many new people even can't say difference between Cryptocurrency and Bitcoin, but everyone knows word Bitcoin. Its like some huge brand.
Indeed, I also agree that ETH will not become the king, we all know that the future will be Bitcoin, because the gap of its price to the other coins are too much, and also it affects other coins when its price moves. And true indeed, Bitcoin is well-known, it's advertise, unlike other coins.
1430  Economy / Economics / Re: Increasing number of celebrities endorsing cryptocurrency on: August 21, 2018, 02:55:30 PM
soccer players from many countries are attempting to extract crypto money. especially in the last few months, I heard that many important footballers will make crypto money. they must be able to attract their fans around the world.
Well, if that's true, then it will be a good news for us and the market, we all know that soccer is famous in the world, a lot of people are a fan of that sport, I guess we should expect that the price will be high soon, once the soccer players endorse Cryptocurrency to their fans through social media.
1431  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: August 21, 2018, 02:31:42 PM
You can't say that those people who invest in bitcoin is foolish because it's not like that. It depends on you how you will manage your money. So stop thinking negative because it can't help you. By the way, don't judge bitcoin because of what happens just calm and wait till the price recover.
Indeed, it's their choice, I think most of the people who invest in Bitcoin are wise, because they invested in an investment where they can handle their own money, and even monitor it. I agree that it depends on the people who handles their money, we can't say that they're fools if they're making money here than any other investment.
1432  Economy / Trading Discussion / Re: Trading Bitcoin is pretty easy on: August 19, 2018, 08:08:09 PM
I dont think it's easy. New traders are likely to lose money as they develop their skills and achieving consistent profitability is never guaranteed, even for the most experienced Bitcoin trader.
Indeed, it's not easy to predict the price, especially now, it's hard because the price is stable, and it falls suddenly which is really risky, I agree that most of the newbies are having a hard time to trade, I guess it's pretty easy back in 2017, but right now it's hard, it's really hard that some experienced traders are having a hard time too.
1433  Economy / Economics / Re: LIFE GOES ON. on: August 19, 2018, 07:36:18 PM
Indeed, even though there's a lot of loss, we must still go on, there's a lot of loss in the market, but still it's just temporary. To become successful, we must move on and accept the facts that we're facing right now, so that there will be a process in the things that we do, we must be patient till the right opportunity come.
1434  Economy / Speculation / Re: situation about the condition of bitcoin ! on: August 19, 2018, 06:45:01 PM
I can say that the situation will be bad, because of the price fell a lot, the loss is too big, it's enough to build uncertainty and fear to people who's only new to Bitcoin. I believe that a lot of people will still sell, because their instincts are telling them to, but some investors will still hold, because they believe that the price will go to the moon.
1435  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin will gain more value despite Investors Worries? on: August 17, 2018, 04:52:58 PM
In my own opinion, it'll gain more value, because when some investors worries, and start to sell their coin, there will be a sudden decrease of price, then that's the time where people who owns a lot of Bitcoin will invest, because it's small, and that'll make the price even higher.
1436  Economy / Trading Discussion / Re: Be calm when the market falls on: August 17, 2018, 04:23:07 PM
Last month I changed more than 50% of my assets into the USDT , I know patience is the key but I belive you need to do the right thing in the right time , sometimes patience makes wound worse if you don't stitch it , May be some people have ages of time but i dont , I think Hodling does not work like before and we need to be realistic sometimes , or we might get hurt for been too optimistic!
The price of Bitcoin is confusing right now, I agree that holding does not work like before, and if you feel that the price will fall, you can sell your coin, it's your choice, but what if you buy in a really high price, then the price falls, will you still sell your coin, I'm not talking about loss, I'm talking about a big loss, that's why I can say that we must be calm and patient than to suffer a miserable loss.
1437  Economy / Speculation / Re: Is this the end of Bitcoin ? on: August 17, 2018, 03:26:17 PM
Well, for me, this year is not the end of Bitcoin, Bitcoin still have a bright future, because in the future we will be a cashless society, and also the regular price is much higher than 2017, we can say that Bitcoin reach its peak in 2017, but the price is still small when 2017 just came in, Bitcoin is still growing, that's why I can say that it's not the end, and also fluctuations are normal.
1438  Economy / Economics / Re: When will people feel comfortable using BTC ? on: August 14, 2018, 03:47:08 PM
People will feel comfortable on using Bitcoin once they have a proper knowledge about it, most of the people who hates Bitcoin are people who's judging it without trying it, I guess if it's demonstrated clearly they'll invest invest too, I can say that they'll really panic if they just invested without knowledge and experience a miserable loss. The only thing that will make people comfortable is by educating them how Bitcoin really works.
1439  Economy / Trading Discussion / Re: Buy This Dip or Wait ? on: August 14, 2018, 02:50:16 PM
It's a bit risky to buy right now, because it's still decreasing slowly, but the choice is yours. If you're a patient guy, then this opportunity is for you, I guess you can buy right now, because the price is really cheap, after you buy you can just hold and wait for the right time, if you're patient this strategy will work for you, because you'll probably not panic if it becomes low again, because you'll just wait it out.
1440  Bitcoin / Bitcoin Discussion / Re: Bitcoin grows everyday through Shared knowledge on: August 14, 2018, 01:55:26 PM
I came across a quote made by someone on this forum which goes like,'An open mind is one of the best assets when it come to cryptocurrency'.
 This quote got me thinking, to make bitcoin (cryptocurrency) grow everyday in relation to clearing all misconceptions people have, we need to share our little knowledge about bitcoin on this forum. Sharing of  knowledge will create an atmosphere for people to be open minded and also help newbie investors to understand the crypto world and the market. I realized there is quite a great number of very helpful people and resources on this forum.
 What do you guys think? Do you agree with me?



Yes bitcoin grows everyday through shared knowledge. If everyone shares about what they know, there is a possibility that they will know all the information they need in bitcoin.
Even if we shared our knowledge, they will not easily believe on us. Some will state that its a scam, and some will surely ignore it because they dont have interest on it. For them to believe us, its better if they see us succeed on bitcoin, because we people believe in the saying that to see is to believe.
In my opinion, people who are passionate can make some great insight in that little shared knowledge that is mentioned in this post, I agree that not all people can reflect to that shared knowledge which is why the growth of Bitcoin is slow, even if you share a great knowledge to a certain person, who's not interested in Bitcoin all along, it'll be worthless.
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