Indeed, I believe that Bitcoin will be fine in coming years. But I don't think that your provided data analysis is not totally reliable for me because in order to do a detailed pattern of the pump and dump of Bitcoin we need to deal more year's to prove that these will be more resourceful or useful for traders of it.
- I do not know whether I should believe in what you say or not, a lot of people say bitcoin will soon come back and stabilize, and this I've been hearing for so long, until now, the negativity has remained unchanged. Bitcoin continues to cause chaos and anger to me, believe it too much, believe in predicting the return of bitcoin and what I get is just a meaningless belief, I also want to not worry but the reality is not possible, everything seems to have been pressed to the foot of the wall, the red color on the market is radically shown and bitcoin still so, very depressed |
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Older people preferred investing in gold and silver because it is already traditional for them and they can manage their investment much easier. Most of the older people now are not aware of the technology and they might not even know how to invest in crypto currencies.
- Yeah, old people always have very traditional thoughts, things are always in a certain mold, and they conveyed these old ideas to us, typically in gold and silver, these are very popular products in the past, bring a lot of profit and maintain for a long time. Therefore, nothing is strange when they like to invest in it, plus, as you say, older people are very technologically blind, they feel the technology is very troublesome and it makes them very upset, more precisely, they hate it and of course, they will not invest in it |
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I am sure that Bitcoin is more reliable asset for making investments. It is much better to put money in cryptocurrency number one on the market than into Ripple which is regulated by its management.
Ripple is a good crypto and it is also good investment now but i will always prefer to invest on bitcoin because bitcoin is the strongest crypo and among the rest of crypto, bitcoin is the only one who have a chance to grow the value up to $25k. - I do not think the ripple is a good crypto, despite the fact that it is in third position in the market but if you are a regular observer and focus on the market, you can clearly see that the development of the ripple is unstable. Ripple is always under the control of the great whale, the profit from it is very limited, perhaps bitcoin is also similar but the potential of bitcoin is too obvious to the user, it can give us a worthy profit, now it may be very weak but people still have faith in it, it will soon recover in the near future |
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Hello there..i never took bounty campaign seriously and never given regular work to it...but recently i have lost my day job  and i have some credit card bills and loans to pay...close to 10k usd...yes i am looking for another day job but i am planning to give enough time to bounty campaigns as well... I need guidance from experienced bounty hunters that is it possible to earn close to 1 bitcoin in 1 year with my member rank...and how much work per day will it require...is it possible as i am in some trouble in my life with these loans...can bounty prove to be a life saver from me... 1 year 1 bitcoin is it possible ?? chances are not, because your ranking is too low. but we cannot predict for sure, especially to find out the reward that you will get in each bounty campaign. I guess if you are stuck on a bounty you will not get more, but if you try to find knowledge and broad insight you can invest and crypto trading. this can bring multiple benefits - I do not think his chances are zero, although his rank seems to be very low but the bounty campaign is always a place that brings many surprises to many people, it can generate unpredictable income sources depending on the project. That means low rank still has the opportunity to get a big reward if we choose the right campaign, the ratio of this is probably quite low but it can still happen, many people get 1btc or maybe more with just luck and their choice, in addition, bounty campaigns always need to have social accounts and content creation, rank requirement is only partial |
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Actually most of the newbie traders start with the mindset they can earn lot in very quick time but when they keep losing for a while they will give up trading.Buying the coins in the loan money and planned to pay debts with the earnings which is also big mistake made by many.
- Yeah, because too many traders regularly post and show off their achievements, that makes the newbie often delusional about their abilities, thinking that they can do it or even more, and finally the truth is one thing that a newbie can never accept, a total failure. And of course, most newbie will give up when they face a huge defeat, not too many people have enough patience and confidence to come back, in short, acting with emotional thinking and having no certain knowledge is always a problem that newbie often fall into |
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Yes, I do see a clear and positive picture of cryptocurrencies in next 5 to 10 years. I can bet on countries like China, Australia, India when it comes to the possibility of blockchain/crypto hubs in the near future. It is true that as of now, things are chaotic at this point but the situation will start to improve and we will see the clear picture soon. It might sound surprising but we will see Asia as dominating part of the world in the crypto industry down the road.
- I really have no hope of optimism on this issue because although things are slowly improving, many countries are beginning to analyze and become involved in the crypto sector but most countries can not control the situation that bitcoin and crypto can bring. Governments are constantly discussing the legalization of bitcoin, particularly in Southeast Asia, many people in these countries are very interested in and working with bitcoin, however, the discussion was still in a deadlock, with no common and united opinion, the legalization in Southeast Asia is almost impossible |
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I am also very confident that we will see a big spike happening towards the end of the year. There are several financial institutions in the US that are getting prepared to enter the market. Also, the same institution that succeeded to get the SEC to approve Futures are now on to something even bigger. If they succeed again this year to make the crypto market more available for institutional investors, my prediction is we will be far above 1 trillion markecap and bitcoin above 40k.
Confidence is one thing, but reality is quite another. I was super confident when I bought Elastic last year wow I just realized, more than 1 year ago that it was surely going to break 30k sats, maybe even 50k and 100k. Everything looked so promising. It's like so, so low not I never even bothered to check back. Big institutions entering crypto is already happening. They're just pretending they're not yet in the game. Good point, wrong confidence has cost a lot of people a lot of money so it's better to stay cauteous. A couple of days ago everyone talked about the bulls being back and now the majority fears we might drop to all time lows. I also think that some institutions are already investing but mainly futures but could be wrong. - Now I'm really crazy and tired in this market, many people also have feelings like me when the market goes in the negative direction, it's all because of my trust in crypto and bitcoin too much but the faith is gradually buried, I just want to get out of this situation as fast as possible. Good news, organizations willing to accept and invest in bitcoin, a lot of things, it seems to be just the trap for me to continue to hope and take away my money, this year with crypto is a very bad year, it almost pushed all users and investors to the ends of despair |
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They don't have enough time to linger with the computer.
Suppose they have jobs like Doctors, Teachers, Factory Workers etc.
If they choose Bitcoin, they must learn from the beginning again from below.
- Reasonable, they feel bitcoin is not as good as their official job, they spend so many years to accumulate knowledge and gain experience in formal work, there is no reason to choose a risky place as bitcoin, they are not young to start again, they do not want to waste time for bitcoin. In addition, the huge income from bitcoin is just a story that many people always mention but in reality, the proof of success is very little while the evidence of scam is probably a lot, sacrificing so many things in exchange for a risk like bitcoin, it's not an interesting thing |
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Monero is one of the safest coins used for remittances, that is the reason why monero is worth our investment. Transaction privacy also makes it popular. I think to buy it is not too late, it will definitely increase the price. But there is no need to risk a single coin, consider also other options.
- Although I also do not know exactly what monero is contributing or any news about monero but it really is a good investment as many people are saying here because I have observed it for quite a long time and realize that it is very stable over time. It can be said that a long-term investment in the right meaning, the development is always very clear after each year, investing in it is never too late but we should still sell when it gains profit then buy back, that will help us to make more profit, instead of long term |
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I think that it's hard to change the public's view in a short term, it'll be a slow change and it'll start when shops etc will actually accept bitcoin, in that way it can spread and many more people will start asking themselves what bitcoin is, how to use it etc.
- Of course, public's view always goes against the thinking of all crypto users, want them to eliminate and think positively about crypto, which is really not possible in a moment, they always need time to recognize the good and perfect from the crypto. At best we should not try to do anything for crytpo, too many big scams have occurred, the spread of knowledge only makes crypto impossible to mix with people's lives, the crypto will naturally follow the path that it needs, and during that time, the public's view will gradually change, it does not need us to worry |
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I feel both have it's advantages and disadvantages. I had a similar question whether to invest on mining rig or invest on ICO. For some what reason , I chose trading and its working well for me. Mining is expensive and need some expensive hardware. My opinion, ICO and Trading are profitable.
Both is profitable but in my own opinion, trading will make you earn more profit if you have a good strategy in the market or you are really working hard to monitor the market prices movements. - Agreed that trading would be more profitable but that is theoretically, everything that they predicted was good, in fact, trading is really too hard work to find a profit, the market is constantly changing, rising and falling abnormally. While if we make a reasonable calculation, mining can create more stability over a long period of time, although we need to put a large amount of money in the initial stages, all will soon recover and make a profit, however, the capital condition is probably too high, many people can not participate, it is a pity |
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I will let them know that the bitcoin is not an illegal thing, by showing them my proof of income from bitcoin.. We can not please anybody to believe but we can show them the truth that the bitcoin is not an illegal. If bitcoin is illegal and why people are still there to stay and work hard over it.
- But that really is not important and necessary, the response and attempt to show that bitcoin is not illegal, it just makes people have a bad attitude about you, disagreement about the point of view leads only to useless problems, if it is true, it would be true, no need to explain. Additionally, you bring proof of income for others to see, that would be a very foolish thing, greed and cunning of each person is very large, so you should be humble and continue a normal life with bitcoin, it will be safer than explaining and boasting |
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Trading cryptocurrency especially bitcoin is an easy job to do. We just buy, hold and sell whenever we got profit. The hard part is when have to make the decisions related the best time to make the buy and sell orders.
- Every problem has its own complexity, looking from the outside, people always think that trading bitcoin would be very easy but they never pose the question, why do not many people choose this job for a better income? Instead, they choose to trade altcoin. And the answer is what you are saying, the time is right for buying and selling, it is always something that makes us all very headache, the value and variability of bitcoin is huge, with only one wrong selection, we will also spend months waiting for the recovery, and not too many people like this, it is not an easy result |
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The main problem in my opinion is a small profit.
Small profit isn't the main problem but rather what we should expect as small capital comes with small profit. And with small capital we can lessen the risk and of course we can loss with just small and actually in investing we should start with this. Start small and just add some to it when you already profited, don't take risk in bigger investment when you know your capabilities and tolerance is just limited. - Yes, small profits are not a problem, that is fair exchange, small capital will be small profits, many people never accept this, they always live in greed and dissatisfaction, until the end, they end up in a loss that they never thought of. And the biggest challenge that I think is that we will be limited in choosing goals and optimizing profits, we do not have much capital, we need to be more careful, more calculating, rather than reckless, so as you say, using small capital is suitable for newbies, helping them to recognize their scope and abilities |
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I believe icos will not end as long as crypto still exist because there will continue to be new ideas and investors will still invest in them only that the rate of scam project will increase but if there is a regulation to monitor that, companies will take more time to reason and come up with good ideas of project.
- Existence always has a certain time, and ico may end in an era, it can not last forever when the ideas are gradually exploited, many ideas have similarities, it makes the field ico is gradually degraded, the elimination is certainly in the future. However, I believe that when crypto is still growing steadily, another form, it can be said that the same as ico will appear, create a new environment and have great characteristics to attract investors, this is necessary in a modernized society |
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I think so there is no any such objective of Bitcoin. Bitcoin was launched as a digital currency to revolutionize worldwide payment system. As the most it can also be used for managing your finances or long term investment purpose. Now, I have seen some poor people also becoming rich with Bitcoin and some rich people becoming richer with it. So anybody can invest in it, there is no perfect statement we can give about it.
It gives an opportunity to those people who have no capital to take a shot in investing in bitcoin and other cryptocurrencies. It may not redistribute the wealth but somehow it can augment the lives of the people who are risking it so that they can have their hopes and dreams be achieved by investing in cryptocurrencies. Unlike in fiat wherein you need a larger capital most often to have larger profit, there is a possibility on cryptocurrencies to have larger profits still even though you have smaller capital. - Agreeing that bitcoin is helping people without capital, it helps them achieve certain success, but then when they go deeper into this game, they still can not escape the hands of the rich, more precisely, they are just small fish gathering all the benefits that bitcoin bring to people just like them. And the rich will be the big fish that swallows all of them with some sophisticated traps, finally, the result of this play is just to make rich people richer, only a handful of people are lucky and survive in this chaos |
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The market is recovering gradually and I think taking a long term position is good at this time. What is important as well is to make sure your entry price is best for your long term outlook. As it's predicted, market will keep increasing in the next 24 months.
- You should look at the market more, the gradual recovery here is just bitcoin, with altcoin, it was really a massacre, and to us, it was a despair and depression for weeks of waiting and hope, prices of altcoin are almost continually creating new bottoms, lower after each day. If you choose to hold on for a long time in this situation, you will probably fall into the plight of many people, the property evaporates quickly, the reality is going against your thinking, long-term trading is no longer a wise thing, it just makes death come closer |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Maybe time will come that all banks will be officialy depositting all bitcoins if it is going go be legal.because for me all things happens in our world are all business and all of us wants an income in our life,especially when it comes to money talk! This will not come in the near future because you can see for yourself that Bitcoin is very unstable and this will produce great calamity. - The distant future is also a similar thing, the bank will not provide bitcoin-related services to any user, bitcoin is a very special technology, it limits a lot of management, want to create a perfect service and store it is a very difficult thing. In addition, it is still a symbol that makes the government very disliking, Bitcoin is always outlaws, the government wants to capture or want to stop is still impossible, if they let it survive in places as deep as banks, that would be a danger in the long term, they will not carry this bomb, they will ban banks create services with Bitcoin |
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Yes, the truth is the same. The same piece of cake is divided by more people, and you get less and less.
I don't think it takes more than two months to participate in the bounty mission.
I think the main reason why there's a time we get fewer earnings in bounty is because many participants. The more participants the lesser to get earn, but less participants more earnings can get. Then the other reason for getting fewer earnings is the longer running period of bounty the fewer they can get because there's possibility many more participants whose going to participate, so little by little the reward might get is possible to become fewer. - But this problem is very normal, when we have joined, we need to accept that and we should be patient to the end of the project, although the reward will be less than what we calculate but it is still our effort and time, should not be wasted. I also know this, so I usually focus on and participate in the signature campaign, instead of social campaigns, social campaigns are too easy, many people will participate while the signature campaign is very little, most people will feel the signature campaign is very troublesome and need more time, understand this, our reward will be higher |
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Their reason may be their chance to buy it, because bitcoin prices are low and they buy as much as they can afford to invest.
Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again
many people are still optimistic about the future of bitcoin. although it is still experiencing a very large decline, but many people consider this cheap price is a good opportunity to buy and sell it in some later. There is nothing bad happened with the Bitcoin just the market value faced with downfalls and can recover anytime so do not think that market has something which are unfavorable. In my opinion market either low or high benefits us but it is we who are making complications. People can buy Bitcoins in this low market with but in large quantity using less money so it is benefit in start. Naturally, the market will recover. As for Bitcoins, people buy them now as BTC is very cheap. We all know that the price of the cryptocurrency will go up soon. - More precisely, you should say that everyone continues to buy bitcoin because they still have hope with it, it can still recover and reach the top as you and many people desire, Bitcoin never make us depressed, every time it collapsed, it is the step back to a more perfect way, this is something that has engraved the mind and impressed us all. But I think you and many people should change this thinking, Bitcoin is similar to stock, it can create tsunamis, sweep and destroy our assets, we can not trust absolutely on it, always stop at a certain level |
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