Right now, I am just waiting for Bitcoin price movement from this range around 4k USD. I want to buy more at 3k USD or below, and I also want to sell part of my holdings around 5k USD per Bitcoin.
Selling at just 5K is not a good decision. Believe me you will regret for your selling at 5K USD when in a two years time bitcoin will touch 50K or even more. This seems unrealistic now but no one knows what can happen in future. |
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From January 2019 the necessary collateral to run a masternode will increase from 1k to 10k.
Does this means that the existing masternodes will stop working unless we transfer 9000 more primestone coins or those who are running masternode with 1000 coins will keep on running with the same number of coins ? |
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What do you think about the popularity of Cryptocurrencies around the world, do you think many people now are aware of this Technology currencies?, how much percentage would you think and how can we expose and spread this?  Cryptocurrencies is getting popular many urban areas around the world but only few percentages might be actually using the virtual currencies. In some rural areas in my country, almost no one knows about the new technology that is popularly known to almost all internet users. The use of internet is yet spreaded to the far flung areas of many countries so it might take time before cryptocurrencies become globally popular. Internet is almost everywhere now and therefore crypto currencies have no obstacle to become available worldwide. Its just that many people do not know the true strength and usage of bitcoins and few people fear because of bitcoin volatile nature. |
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I agree which is the main reason of why I think the adoption of bitcoin and cryptocurrencies is going to take longer than expected, the technology is so innovative that many old people do not understand it and they do not want to do it, this is something similar to what happens now with people that refuse to use computers, it is something completely foreign to them and they do not get it, so we will need the current generation of young people to get older so we can access the older demographic and those that are young as well in the future.
Bitcoin is surely not for the older people. Bitcoin is a bit techy and it can only be understand by the new generation who have good understanding of internet and emerging technologies. Without this knowledge, one may not be able to use Bitcoin easily. |
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I think the bitcoin price drop is very normal. If its price grows indefinitely, bitcoin will really die when no investors try to buy it!
That's not the case. If bitcoin price keep on decline then no new investor will invest in bitcoins because people will lose the trust on digital currencies. Too low prices also means low reward for miners and this will also discourage the growth of bitcoin prices and volume. |
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I think we must not worry if price is in dump. Let us just buy and buy and wait for the price to pump. Don't believe on the false news spreading over the internet that will lead us to panic selling.
Not everyone has the money to buy more bitcoins. Those who have buy at 6000$ and higher prices are still waiting for the bitcoin price upward movement and they cannot afford to invest more in crypto. |
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McAfee lowered his forecast to one testicle
Well no one would have thought that in December bitcoin price will only be 4000$. Everyone was expecting a bull run in crypto currencies but I think no one is showing any interest in the investment in digital currencies and hence none of these high predication can be fulfilled this year. |
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2018 - the beginning of the bearish year, 2019 will continue to be bearish one and only in the end of 2019 we will see some rising
Does not seems that you will have to wait for 2019 end. It could be well before itself where the rise will happen and may be in Dec this year itself we can see some bounce back to happen. So it seems you being probably not invested in this dropped market infact it is the time to make purchases with lower value and hold it for some months. Yes, 2018 seems to be a long year of correction. At the middle of November, when everyone was hoping to get all time high prices of bitcoin, we have see all time low prices instead. This price movement of bitcoin has disappointed many people and many would left crypto if its keep on going like this. |
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it is true that the world is currently experiencing a crisis and that has happened to Venezuela, and it is possible that Crypto could also be affected.
World crisis? I think the strong impact of dollar strengthening is only affect few countries and some of these countries are not big players or who don’t have a strong influence on the current global market and economy, so it’s not appropriate to say that. Trading war between America and China also raised new hopes that China could be a str ong competitor to fight the superiority of the USD and US itself. Even if the economic crisis would occur because of the transition from USD to CNY. Yes, US dollar is in trouble as countries are now starting to get agreements with their own currencies and now involving dollar as a main currency. Also Digital currency can be another factor for this so called Crisis. Canadian Currencies is gaining more popularity than the US dollar and this is alarming for the US. |
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If we see the past record oolf bitcoin than must concluded that it's not impossible because as in start bitcoin value is what and now what value so it can be possible that bitcoin will be 250k in 2022.
Nothing is impossible in crypto but 250K dollars is a serious high amount and at the current date this seems like a dream which can never be become true. But then seeing the limited supply of bitcoins, we can see any price of bitcoin in the next 3 to 4 years. |
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poverty will be reduced if Bitcoin and Altcoin are utilized, but to get there I think it's still a long time ago because we know that until now the government is still unable to legalize cryptocurrencies for various reasons, such as fear of being misused for money laundering or other financial crime.
We need to understand that bitcoin and altcoins are just basically payment tools and utility tools depending on how they are fashioned, and in such cases, even though they may be disrupting a lot of things eventually, the idea of kicking out poverty is not something they will just solve pretty much like that, and they cannot even solve it unless actually utilized effectively with some other factors added when it comes to governmental policies, innovations and creation within the country itself which in this case, there will be more jobs, and people will tend to do well for themselves over time. Cryptocurrency is not going to do all of that alone. Well there is quite difference in this scenario. There are hundreds of people who have been benefited from bitcoin. They have done classic to recover their losses and they converted from poor to an average. Right now, they are earning so handsome and living happy standard life. But yes, you can’t say bitcoin is only for earning. I think it plays for both things. The best we can do is by encourage all the people then teach those who really want or willing to know about cryptocurrency. But the one who can help those people are theirselves because if they really want to have a better life they will find way. Poverty is not the reason why you there but the one who involve to it can change it. right, the one who can change is yourself. as long as there is willingness and hard work, of course it will be easier to receive lessons here, besides that discipline must be maintained, because all the rules must be obeyed it is about teaching a man to fish and not to give a fish, it is better to teach people how it works because it is impossible for someone to eliminate poverty it must be started to a person itself. Cryptocurrency is just a medium for us to be rich so we should put our efforts and time if we want to have a good life. Many people and governments do not know the power of blockchain and crypto currencies. Block chain is a technology through which we can eliminate the poverty. Governments need to decide on a vast level on how to implement this financial system in their countries. |
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crypto currency can be accessed by anyone anywhere and by anyone whether the results of the crypto currency are bad depending on the intention and purpose of the investor itself if indeed the crypto currency is used as a means of money laundering means that the initial goal of that person is not good harm others, of course
Now a days we do not need any tool for money laundering. We can use bitcoin for this purpose. Even there are privacy currencies like XMR where trasncations cannot be traced. So this is one bad usage of digital currency and we should look on how it can be avoided. |
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As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
I agree with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment. it will be better if all cryptocurrency price have natural growth.pump and dump just make investor affraid with their investment value.no stability and just speculation game. Yes, i am also of the point of view that bitcoin should move naturally and not by the means of pump and dump. But then it is already 8 to 9 months we are seeing lower bitcoin market and this is getting frustrating for the users. I think it is time that bitcoin should start the bull period. |
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Yes, bitcoin reduces time to time but it doesn't mean it go really deep because it always it managed to comeback. We had seen that drastic price of $5,000.00 and that's the below price it could get but still managed to pushed come back up to $6,000.00 in next few days. So, basically that's volatility at its work and no need to panic at all. Let's just keep supporting and hold for greater goods as early adopters.
The support levels here are important to look at. The currency big support level is at 6000$ at is difficult to break unless or until we see a very big negative news in the market. Other than that 6000$ is the bottom and bitcoin will go higher from this price. The only question is when it will move up ? |
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Oh, so you manage to get in the rocket. Bought at $3k then sold at $17k, so you only waited not more than a year if i'm not mistaken. You should understand that we won't going to have a new ATH yearly especially the current ATH is quite high. If it will take more than 2 years to have a new ATH, it's fine because it's really worth the wait.
I am afraid that there is last chance (last months) for quick ATH.. I think lots of money disappear from market due to incoming financial crisis - There is a hope that bitcoin will work as store of value then - but I find such scenario unlikely. It can that people are losing trust in bitcoins for the time being. The Reason we see some high spikes and drop in prices over the time and platforms like Bitmex are to be blamed for this. We need a stable bitcoin price in order for the investors to regain the interest in big investments in digital currency. |
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5500 usd to 6000 usd i assume will be lowest in Q4 2018 and we will go even more deeper in 2019 and then apike again.
How low will it go more ? I think it will not go below 6000$. Also we are in November and only 1.5 months are left in the year end. Every year at the end, bitcoin price tends to rise and i wonder if it would happen this time too ? By looking at the current prices, the hope of pump is less. |
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I do not believe in the bank and when I store at the bank the bitcoin assets that I have will be known by the bank and it is very terrible and when you save in the bank then you cannot grow the bitcoin that you have, I better use it for trading not just keep quiet .
We are using bitcoins because we want to avoid the banks and you are giving us suggestion to use the bank. That's not the bitcoin users who want banks again. We are getting rid of banks through bitcoins as we are not happy with the current strict rules of the banks. |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
if indeed that happens maybe the government will make the economy system that will be more advanced and developed of course, one day all will use a system that develops in line with the times and technology Whats the use of digital currency if that is to be controlled by the Government ? We are using bitcoin because it is decentralized. |
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Gold is not a good investment, but it is the safest "conservative" of value that exists.
But this only works if you have gold, and you have hidden it somewhere. If you only have certificates, your gold is worth only card.
These days people do not collect gold. Also the value of gold is mostly stable and one may not gain much profit only by holding it. The only benefit of gold is that it will not loose its value in the long term. For short term profits, bitcoin is the best option and many people are already getting nice profits from it. |
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After several years later bitcoin price will be growing up and become more higher price, I have see how many people have interested with bitcoin and always get think more profit getting by investment with bitcoin than have hold money at the bank.
from bitcoin developtment and adoption we could earn profit if we invest on it.moreover it institutional broker list bitcoin as commodity , bitcoin demand could rise extremely.and maybe it could happen when bakkt trading launched. Bakt trading platform will give high volume to the crypto and also in the long run we will see ETF approval which will mean that bitcoin will be more easily accessible and tradeable. Good days are coming back for the crypto industry. |
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