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Yeah, I hope this happens sooner. But I'm enjoying seeing a steady price increase. I hope when this happens it's not a quick pump, followed by a big drop, though that's very likely to happen.
For now, I think the price will drop a bit and stay in the range of $ 700-770, maybe even under $ 700. But after that the bullish trend will be stronger.
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sometime i feel that bitcoin will be the future of money because nowadays bitcoin going too much popular and people are using bitcoin for online in every corner of the world and bitcoin is much more safest currency and its transaction is very much faster so i am sure bitcoin will be the future of money.
The demand and use of Bitcoin is growing, but Bitcoin is still not being used in every corner of the world, as you said. The network needs to expand first, and for that it's necessary that problems related to scalability are solved. It's possible that segwit will be activated for the next few weeks, after that we may have applications contributing to Bitcoin becoming mainstream, in addition to technologies that will allow greater scalability, such as lightning network. |
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Once, in cloud mining. It's a problem that many users go through at the beginning. It was not something related to the site closing and running away with the funds or something... The mining difficulty went up a lot and the value of the hashpower I was holding fell. So, I'm not sure if this can be considered scam, it's more like a bad investment.
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Bitcoin as a innovation had made impact upon a limited percentage of users around the globe. I expect this to happen with most of the world population. Right now the price is given consideration and people had started using it. Over the years people will understand and start using it.
In fact the impact is still limited, considering the potential that Bitcoin has. This is a technology that can solve real-world problems. Many countries could benefit from it, especially countries with a devastated economy, for having an inflated currency. Little by little people are waking up, it is possible to perceive this in the increasing demand and, of course, in price. |
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The rising price of Bitcoin in the market is not just pump and dump. There are several factors leading to this and there are different types of investors putting money into it. Stock market investors are certainly some of them. It is not too difficult for any investor to see that Bitcoin is stronger in the market than before, with growth not so fast, but stable.
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I think the price may drop and vary in the range of 650-700 USD for some time... Next I see potential for recovery, and a possible bullish trend. I do not imagine that after such falls the price would fall below 650 USD again, there is a lot of events favoring the current uptrend, such as segwit, increasing demand from India, and some other factors.
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Without other alt coin, bitcoin will still have its value but not this much. The more altcoin are created, the more engaged bitcoin, the more scarce it get, the more value it gets.
There is a downside to this, which is the fact that many users lose money with altcoins. Many developers make crowdfundings, ICOs, but never commit to delivering the products or improvements on time, bringing panic to the market and causing people to move away from crypto. |
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bitcoin trading is entrust the majority of investment you have to buy be some bitcoin, then you sell it back. such that is rotation of bitcoin. while the risk is you will get a reduced amount of bitcoin as a prediction in the buying and selling bitcoin.
In essence, that's it, but to give a more complete answer to the OP, we have to say why it is so risky. The risk lies in the fact that the BTC market does not have very high liquidity when compared to the most common currencies. This brings some instability to the market, and it is one of the main causes of high volatility. This problem requires time to be resolved, since it is not yet common to see people buying and selling things using Bitcoin. |
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It is quite funny that someone created an account, posted this FUD about how Ethereum will dominate the market. How the DAO is the future of economy and then disappeared.
Meanwhile DAO was hacked, ETH become ETC and we still are baited by the title of this thread to discuss what is better crypto? Really?
I think there is only one King in the castle here - his name is Bitcoin.
They have made many mistakes, all this DAO stuff is just one of them... With regard to the ETH network itself, maybe they'll be able to stabilize things someday, but it's likely that some more forks are coming around. I don't see problems in foks if this is related to network improovements, but I think the problem lies in the fundamentals. |
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Hello, everyone. I am new here. I want to make money from Bitcoin Trading. So First, I want to learn Bitcoin Trading. Please advise me or recommend me some resource where I can learn Bitcoin Trading. Advanced Many Many Thanks to You All....  Actually, we always buy coin when it's price goes down and wait for the correct time.When you became experienced in trading you will able to predict price easily. Again, you can search on Google to learn more about trading. The truth is that even experienced traders have difficulty making predictions sometimes, this depends a lot on the crypto that you are trading and market conditions. With regard to the ways I use to learn about trading, I've learned most things by reading informations on reddit and right here on Bitcointalk. |
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Hello guys please i would love to learn how to make a living through bitcoin... I don't have much but $200 to invest in this, a regular computer with Internet and a very good head for learning thanks I think anything from 2Btc weekly is perfect... I need a source of income badly
Earning a living though Bitcoin is possible, but with an initial investment of 200 bucks it's difficult, and 2 btc per week, from a initial investment of $ 200, it does not make any sense at all. If you have a good idea, you could start your own business, according to you skills. You could ask help from people that managed to have good results in the same business, to know their hits and mistakes. This could avoid headache in the future. |
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Most are probably services aimed at speculative purposes, such as forex, binary options and exchanges. Besides these, I think several gambling services are giving a good profit to the owners. But it's not only legitimate services that are being profitable, there are many scam websites that manage to disguise themselves as legit businesses, attracting a large number of people, from the outside and from the inside of the crypto space.
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I know 20 years from now people won't spend paper money anymore but crypto.
However I have a hard time believing that leaders will embrace bitcoin, I think they will rather have their own crypto.
In my opinion, twenty years is a short time for most people to stop using paper money. It takes more time for them to get to know and adapt to Bitcoin, because most people do not even know what per-to-per technology is, and even fewer people know about blockchain technologies. That's why it's important that bitcoiners strive to disseminate to them information about Bitcoin and the importance of it in the world economy. |
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Most people that buy bitcoin/ altcoins are doing so as a form of investment.
(Unless they are just buying drugs on the darknet or something.)
So you are going to naturally attract the type of person that may become interested in forex investments.
Many coin traders also invest in stocks, bonds, forex, commodities and probably a few things I'm not thinking of.
And the fact that the cryptocurrency space attracts people with varying interests it's a good thing for the ecosystem, because this increases the network effect and creates more demand for Bitcoin, and at the same time allows forex people and other investors to start adapting and using a currency different from fiat currency. |
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Bitcoin will reach a million dollar each and I am positive.
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Hence if the target market is the whole world a 1 million dollar price per bitcoin is not far from reality.
A million dollar per bitcoin? I think we all will be dead because this can't happen in next 100year+ for sure. Not every person in the world will save their money fully in bitcoin or even all of them will know about bitcoin over next few hundred year. Look at some developing and underdeveloped countries or even remote areas of developed countries, where still paper cash are being used instead of banks and still lots of people think online banking/ATM machine as scary things and not secure.  Reaching a million per bitcoin is an exaggeration, this would give a market capitalization that, at least at the moment, would not make much sense. We know that the dollar, for example, has an insane market capitalization, but it is something that is used by everybody, every day. Even to reach 10k, Bitcoin needs to find more ground in the market. |
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For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
I would not say that this will make us rich, but I believe that, although it's not something easy to do, it's possible to make big profits from it. In order for that to happen, the investor has to strive to understand the cryptocurrency space, to make good market projections, trying to identify the possibilities with an acceptable risk-reward ratio. |
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I think the possibility of making profits from it brings an incentive for people to store value in Bitcoin, and this in fact increases the number of people using it. However, that alone is not enough for people to migrate from the banking systems to Bitcoin platforms, there must be people willing to offer goods and services in exchange for Bitcoin.
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I think we should more be focused about the recent drop that has happened these days, even now the price is dropping too much.
Maybe because people have spend lots of money on black friday and now are not interested in bitcoin until next month or next year.
This may be one of the reasons that led to the recent drops, especially for taking place over a weekend. But I believe that the price recovery will occur quickly, because factors like these, involving India and China, will probably continue to be priced in for some time. |
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I have $100,000 to invest but want to safely double it in a year. Any suggestions?
If you bought all of it with bitcoin and ethreum you are likely to double your money easily,you can also invest on stocks or you can lend it to some of your trusted friend with 10% interest monthly,there are a lot of ways to make it grow,just don't do gambling . Not sure about investing in Ethereum, in the current scenario. Ethereum is showing very high levels of instability. I would buy and hold Bitcoin, because besides having a market with greater liquidity and trading volume, different forecasts indicate that next year may be a great year for it. |
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Dogecoin is stable, therefore, if you buy it, after some time it will have the same price. There are instant Dogecoin users all around Web, so buying volume grow is not expected. For profit making there are another altcoins.
Dogecoin is, in fact, relatively stable, but I do not know what improvements it can bring when compared to Bitcoin. In the case of Litecoin, I know that the currency allows faster transactions. I would like to know what Dogecoin has to offer, besides being a means of speculation and having some stability. |
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