Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.
do not panic, the price just down less than 50%. When bitcoin rises thousands of dollars in 1-year intervals it already shows what percentage increase is happening, whereas now it only drops from the price of 17K to 15K, it only drops less than 10%, just relax, let's see the beginning of 2018. |
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Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
I think it's not greedy, it's everyone's right to have bitcoins. Regardless of the amount, as long as not cheating the market. |
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soon cryptocurrency will be the main currency used everyday. Because cryptocurrency is transparent, it will be minimal to cheat. Unlike fiat money full of monopoly.
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I wait for the transaction to return to normal rather than having to move to segwit or other hardfork. Because it will be too complicated if everyone moves into segwit and transactions will also accumulate pending transactions.
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it's better to wait how many transactions can work, because this is still in the experimental stage. There could be an advanced stage development
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If you are a true hodler you wouldn't care about temporary price dump. Just continue to hold and avoid looking at bitcoin price every minute because
the price will be huge after 1 or 2 years.
I agree with you, a true bitcoin holder is he who is patient to face any market circumstances because behind it all he has a mature strategy and indeed know the market character is mature. |
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this is due to an increase in the number of transactions in the block, so who want to speed up the transaction must increase the amount of fee. And the fee amount follows the current bitcoin price rate.
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If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
the main purpose is to use as a means of payment, of course, will acquire fiat currency because of the excess bitcoin in many ways. |
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The topic of the story this time, telling about in the next years 2018 Central Bank Starts Buying Cryptocurrency, to bolster their foreign reserves because one of the core functions of a central Bank is to manage their nation-state, or union's, official gold and foreign exchange reserves, "Country currencies" will be forced to alter their foreign reserve weightings and finally get started to cover the market of cryptocurrencies , The Cryptocurrencies will also fulfil a new requirement can say like a digital gold  , So in my opinion, very reasonable in the years 2018 Bank interested, because Cryptocurrency is now a source of revenue across global markets around the world , do you agree ?  whether Central Bank to buy crypto money or not it will not have a big effect on the growth of bitcoin and altcoin other because the only need now is access to use bitcoin to be useful for everyday life, for example to buy goods needs. |
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Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
if what you are looking for is a momentary profit please trade, do not store bitcoin and altcoin other. Because the main purpose of bitcoin is its function, not on high profit taking |
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IOTA good for the future, including one of the best among other altcoin because it has several advantages that differ from others. Besides the development of the community is also very good and it will have a good impact on the price
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IOTA or ethereum is a good choice besides Bitcoin's main choice. Because I see the development of IOTA is increasing rapidly these days. Moreover, the position of IOTA entered the top 5 in the rank of coinmarketcap
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will not be able to, unless they want to follow the bitcoin. Because basically they will never be able to stop bitcoin because the circulation of bitcoin is thorough throughout the world even though they are banning in their own country. Moreover, there are no laws and regulations that prohibit the circulation of bitcoin.
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in my opinion, why the change in bitcoin price does not really affect the price of other altcoin like before because many investors now focus on Bitcoin Cash. But that does not rule out the growth of bitcoin. This is why bitcoin is capable of developing itself without any other altcoin. But on the other hand altcoin is developing better than in the previous year which may be used in all economic sectors.
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this will continue to creep up the price, because enthusiasts in bitcoin greatly increased dramatically at the end of this year. At the beginning of next year may be even more crazy for the price achieved bitcoin itself.
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Is it true, some countries that reject the bitcoin are countries with high levels of corruption? So they consider bitcoin to be a potential money laundering crime, potential illegal transactions, Violate payment system authority and undermine the system of investment activity. While countries that provide support for bitcoin is already included developed countries and has minimal acts of corruption therein. What do you think?
yes I agree with you, I think it makes sense. Some countries that ban bitcoin are countries that have fears if bitcoin is used for illegal activities such as corruption. Whereas in fact completely untrue, blockchain technology embedded in bitcoin able to minimize corruption because every transaction in and out of course can be tracked in accordance with the txid who make transactions. |
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it's just assuming some people are trying to coup bitcoin. The NSA is a government agency to my knowledge, so it's only natural that they say things like that. Because in fact the main control of bitcoin is in the community itself. |
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I use simple theory. If the bitcoin enthusiasts get more and more, then the price will also be higher. Similarly if the enthusiasts decreased, the price will also come down. Why do many analysts say bitcoin prices will be higher? Yes because they believe in the future more and more people are interested to enter into the world of cryptocurrency including bitcoin. As it is simple.
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maybe a new investment will feel the fear of prices will drop, but for the old players it is not a scary thing because they basically know where bitcoin prices will go. I think for those who are just investing in confusion because they are investing because they see bitcoin prices soaring without knowing aspects beyond the bitcoin price.
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« The crypto market cap has increased by 200x, but I definitely don't feel like crypto's *potential* has increased by 200x. In some key sectors (eg. payments) it has even regressed »
Words by Vitalik Buterin, co-founder of ETHEREUM, today.
What do you think?
there is a point too, but in my opinion not a setback, but the beginning of the crypto world. Small things such as many online service providers and also e-commerce that has received payment using bitcoin. For ethereum not so much, but for bitcoin I think has started a lot. |
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