I'm used to these kind of graphs man, And either way, it depends on the users on how they will handle these crashes and pumps. And I just hope these graph is true, been waiting for the $3000 and $10000 bitcoin price for a while now. And when the price always pump, as I can see at the graph, the users are always thinking that it is a bubble, I think maybe because some users sell their bitcoins that's why the price dumps. |
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yes bitcoin is now a day is main source of income i do it like a part time job and i earn good income from them. when i free from my professional job i spend my time in this forum. bitcoin is not only good sources of income but also a good investment in future
That's a bit confusing, you said bitcoin is a main source of income, then you said that it is your part time job, then it is not a main source of income if you treating it as a part time job. And that income comes from your investment to bitcoin right? don't separate the same things. |
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Why not choose both - Bitcoin and Gold? Good investments are always diversified. Gold have own history, and people trust in stability, but Bitcoin means future and is growing very fast. Combination of this two, can be the best option for investment.
Combination of both of them will be good but if anyone have enough moey to invest in both of them and if anyone have a little money and they want a good profit from that money then they do not need to waste their time in gold and they have to invest in bitcoin because if they will invest in bitcoin then they will earn a high profit while in gold the profit is very slow. i think that most of the people have financial problem and therefore they cannot afford both bitcoin and gold. i think those people who have a little amount of money, they should tray to invest in bitcoin , they also have good opportunity to trade altcoin because they can really get good profit from trading altcoin as compare to investment in Gold. I don't think they will do that, they have a "little amount" of money as you said, let's say he/she has 2 kids, yes, he/she might have thinking to earn some profit, but he/she cannot just stake his/her money there, he/she would rather find a job, save some money and use it to invest in his/her children rather than investing on bitcoin. Investing on his/her child means that you will make them go to school and let them focus on graduating. |
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In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
Why do you think that? That would be highly inconsistent with how it has behaved in the past. I would predict roughly $5k in the next couple months and then back down to $1500 or so over the next year. $4K next year or the next next year is a possiblity, what happened last week is a very dissapointing, though I am ecpecting that. With the UASF this upcoming August, a big dump is expected especially by the people who don't want what will happen and what they are hearing. I think it will dump below $900 guys, what do you think? |
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When Japan and South Korea officially accepted bitcoin it will be followed by many countries, might someday transactions between countries will be using bitcoin. I think, the future of the bitcoin will very good.
The asian countries is one of the leading countries that has a big market in overall and i also believe that the other countries will follow what they are doing with bitcoin and we can see a good market in the next year because of the adoption and soon we are going to use bitcoin as a daily currency because of the widely acceptance of bitcoin. Although bitcoin is still far from being widely accepted, it shows good results already: went down to $1.900 and, despite of the panic selling, instead of going down even further it has recovered in less than one week. I predict solid $3k by the end of this year even if nothing good towards bitcoin will happen. Agreed, if the past price pumping is done externally to attract the users then this could have exploded causing a big fall in price. But the truth, it is a normal growth happening with bitcoin. Only because of that it haven't went down, but regained the lost value in a short. So as quoted at least can expect $3000 by the year end which is realistic and 100% possible. We still don't know what might happen, it may be a pump or a dump, we don't know, what we know is, the price of bitcoin always pump, and always dump. With the rumor about the UASF, many investors are thinking of selling their bitcoin, it obviously will results into a dump.. |
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Let's say I buy 1 Bitcoin for $2296.25 USD. I notice that the USD price value of the Bitcoin drops to $2093 USD, and let's say I want the US dollar amount, so I sell the Bitcoin at $2093 USD, whereby 1 BTC is selling for $2093 on the market.
Is that to say that the US dollar supply has deflated and that I am still, nonetheless, close to breaking even (assuming resistance along a network)?
That's the correct interpretation, right?
Because if Bitcoin works to significantly reduce the double-spending problem, then the (2296.25-2093=$103.25) $103.25 USD I "lost" was actually reallocated into society (1st law of thermodynamics). Thus, the ~$103.25 USD was used to benefit society (all of the Universe, socially) as a whole?
Or is that an incorrect interpretation because the "lost" money is allocated into society rather than my profits?
Or is it better to consider the drop in Bitcoin price was actually a reallocation of Bitcoin market cap. profits to society?
--> I guess that's like saying if the Bitcoin price drops, the market cap. was re-allocated into society, correlated with (if but causing) deflation of USD (if but all money), thus giving my $2093 the same (except a little resistance) buying power as the $2296.25 (used to buy the 1 Bitcoin) due to how Bitcoin reduces the double-spending problem: So, it's like I broke even because the amount of USD I obtained from selling the 1 Bitcoin is similar to the buying power of the amount of USD used to buy the 1 Bitcoin in the first place, right?
*sorry for edits
You've lost $103.25 but I think it is unavoidable because maybe the user is panicking or maybe has another big reason.But I don't think you need to sell that bitcoin with such price, $103.25 is also a good profit price if you've ask me. And the lost money will be a benefit into the bitcoins buyer not the society. |
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As long you can use bitcoin for transacting with other people and use it as a payment then it is money.
Money is something that we are using for exchanging goods and services and with bitcoin, we are doing the same thing.
So bitcoin is a real money to all of us.
Bitcoin is not a money, bitcoin is a currency, a digital currency. Money and currency has different meanings but can be used as a payment maybe online or offline. Money refers to gold andsilver, in the past it is gild coins and silver shillings, pearl is also one. Currency is what we call paper money, so if we say digital currency, it is a digital paper money. So bitcoin is a money?No, it is made or printed under the command of the government, It is centralized and it is not volatile. |
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We all know that Bitcoin is also popular to criminals because they can use it without exposing their identity. It will be more convenient to them to use Bitcoin so that they can hide their identity. Do you think that terrorist groups like ISIS use it for their transactions?
There is a possibility that they are using bitcoin. But I don't think they do, what they need is equipments, connections and their goal, they do not need digital currencies. Terrorist are there for a long time, do you think they will be still there, lurking somewhere without someone giving them money, tips or equipments? They don't need to use bitcoin, but if they do, I think they are having a problem. |
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I think it is not overpriced, it's just a good stuffs making a increase in price, because that is how the businesses works. I think sometimes the price of something rise up or pump because of the demand and they need it that time that is why the price also increase, then after that time, the demand goes down, the same as the price. |
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It seems good starting to DCORP Crowdsale yesterday, I think they earn a lot of investors. hoping that this signature campaign were continue for long time. Thank you crowdsale for the opportunity you spend to us. More power to you DCORP project.
I think the start of crowdsale has many investors, who don't want a good start right? We just hope these project is successful, we all know that the first crowdsale is not the end, but it is the start. All I can di to help these project is to be active and post so many people who might be interested in the project can see my signature. |
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Ok the crash is gone it felt from 2,700 USD down to almost 2,000 and recover, the worst is gone, and I am predicting that the BTC will be at 3,500 USD within 60 days from today.
Why:
1.- More people interested
2.- More news and possible segwit
3.- On July 1st Australia will accept BTC as a currency.
So my advice is that if you can get as more BTC as you can, do it because this is just getting started.
Any one not being concerned about the upcoming August? There are a lot of predictions about that and if that is true, bitcoin price will be decreasing. I just hope it did not. But anyway, we all know how bitcoin moves it price, it moves in the way that we are always surprised by it. |
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Im sure its easier to explain this to youngsters rather than older people. Maybe draw some lines with fiat and good to go
Kids are good in picking up and learning new things. And if you will explain to them just tell them what are the basic ones. And let them explore but still monitor them because they might open those things that they shouldn't like gambling. So be careful on how you will teach your kids about bitcoin because it might give you some problems. They are kids, that's what they do, because we all know when they want to earn nore they will probably be finding another way to earn some bitcoin rather than playing games, doing some captchas or making some PTCs. They'll eventually gamble because as we all know, trg can't do trading and investing, yes they will learn, but they will after they've failed. |
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My payment is being confirmed, thank you sir Yahoo. |
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All in? HELL NO, nobody should go all in, regardless of age. Taking higher risks when younger--that's all well and good. But going all-in on anything crypto is a recipe for bankruptcy. I wouldn't even allocate 20% to crypto. You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin. A lot. It's just way too risky.
Exactly this is not a good if all young people should go on bitcoin. We are not sure if they will become successful here. I thing young people should focus first to their study, bitcoin will help them to achieve their goal but not 100% because as like what you've said bitcoin is too risky in some point. Start as early as you can, that is what kind of mind set i have and i stick to that because i think it is true that if you start early then you will finish the game early. It is a good start for the young people like teens to start accepting and embracing these kinds of opportunities in the internet and there is nothing wrong if they will get a loss or made a mistakes because it is normal and as long as they are continue moving then they will succeed. With a great opportunity, comes a great consequence. Young kids especially teens are easy to get addicted to something especially computer games, but when you tell them to earn bitcoin and earn big money, they will be focusing on those not on thing that must come first like studying. These kids are also easy to give up, doing these thing requires a big patience. |
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Bitcoin Price Update for August 11, 2016 Market Commentary (BTC): Bitfinex began trading again yesterday for the first time in over a week, and surprisingly the market has taken it in stride. Despite a quick selloff down to the mid-580's $ following some restart issues at Finex, the market just as quickly rebounded back up near the 600 $ level. Now we are once again pinned to the upper end of the still intact 580 - 600 $ trading range, although price did peak up through there on Bitstamp yesterday to reach a local high of 603 $. While we still think that a test of higher resistance in the 620 - 630 $ region is a possibility over the course of the next week or two, there are some technical features on the shorter term charts that are giving us pause for the time being. Moving on to said technicals, we can see on the 6-hour chart below that despite price being in a minor uptrend, it is also forming a bearish ascending wedge pattern. These formation have been fairly accurate in the bitcoin markets over the past 6-12 months so we are giving it due credence. Additionally, we are at the top of the light blue pivot zone, Willy is overbought, RSI and MACD are trying to paint small bearish divergences, and buyside volumes have been unimpressive. Meanwhile, SCMR is now painting some green candles despite heavy dynamic resistance overhead at 630 $, market structure is starting to turn more positive, and the A/D line is still pressing to the upside. Not only that, but the 9/18 EMA cross is now turning bullish and there is a large volume profile notch above 600 $ that will need to be filled-in in the not too distant future. Speaking of volume profile, notice that PoC is all the way up above the 200-period SMA so even if we can push through 630 $, there is more resistance waiting in the wings between 640 - 650 $. Considering that the momentum oscillators are relatively bearish while we are nearing the apex of this ascending wedge, we think another move to the downside in the next few days is a decent possibility. The OTE long zone down around the trendline and at the top of the demand area would be our preferred spot to add to the MT ProTrade, however we are not expecting a move back down to those levels just yet. Instead, at least over the near term, we would still be buyers of a selloff in to the 530 - 550 $ range. GLGT! https://www.bullbearanalytics.com/The price of bitcoin is always changing and there are lot factors that can change the price of bitcoin. I guess in every seconds, minutes, hours and days has come the price of bitcoin is always change. I think the price of bitcoin will depend in the market or to the people who use bitcoin. Also supply and demand of bitcoin also can affect the price to change. I think in the near future the price of will rapidly increase. That's how volatile bitcoin is. If you are not used to these kind of price, you will be left out and will be ending up regretting that you've invested in these digital currency. I think what mostly affect the price of bitcoin is the liquidity, where when there are few people using it, I mean use it, not save it, the bitcoin is becoming stagnant making the price decrease. |
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I met an old friend in a restaurant January, 2017. Who happened to be my junior while in the university three years ago. I was surprised when he told me that he has never been invited for a job interview till date. I now asked him, how do you survive then without a paid job? He told me whether I have an idea about bitcoin? And I reply him, no sir. He then explain everything about bitcoin and crypto currency to me, and that he has three account at legend level. From the three account, the amount of Satoshi he make from signature campaign is not less than FIFTEEN MILLION Satoshi in a month different from the profit he makes from trading crypto currency. And the black market value of Bitcoin in my country is about 50% increase of the international value. I believe bitcoin reduces unemployment.
It does reduces since some unemployed were able to make money and provide their living from btc, same wuth their earning more than a job salary they can earn. That is very true because we are one of the proof for that or i can be a proof for that, my elder brother was earning at least $1,000 per month (Worth of US Dollar in our country) and i was making at least $2,000 and that was x2 of my brother's salary and when i try to tell it to him, he was not believing me until i show him my wallet that is receiving bitcoin and he was so shocked and immediately beg me to teach him. I wouldn't call that "employment" though. Online marketing still exists, it's just that the inefficiencies of the market result in signature campaigns paying higher. Plus, the people who pay signature campaigns tend to earn Bitcoin instead of fiat currency, meaning that their payouts can stay consistent while the price rises. I don't think joining a signature campaign can be the same as a job or a work, I prefer it as a hobby, you know, I just want to have a bitcoin thinking that it will be popular in the future with great pric and that means profit. I've been busy these few months but now I get a couple of months to rest. So I started being active here again, though just visi time to time, I also need some time for my kids and wife, they are the reason I have this rest. |
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I'm not sure which young people you think will invest when they barely have enough to live paycheck to paycheck. The current generation born after 1990 are considered the poorest in the last 50 years.
Depends what situation you're in. "Young" young people, like teenagers, have easy opportunities to mess around online in their free time and potentially earn Bitcoin, which I would regard as being all in. If you live in a middle class family with your parents, sometimes it could be a great option. in fact the trend of the young people is toward internet and computer, and therefore they are giving preference to online shopping and therefore they will online currency for that and that is the reason that they have the best option to use bitcoin for shopping online. So that can be a reason why young people must go all in or invest everything to bitcoin? Is that really necessary? You can also pay using your accounts in many ways, credit card, you can even pay it offline based on what you have talked about. There is a lot of way to make payment online, and do you think popular online shops accept bitcoin? They mostly do not accept bitcoin. |
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I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore
In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $1,000. Cross your fingers so this does not happen, if for some reason the price goes down to $1000 I will be lost, even if it goes down to $1700 I will be lost. Let's spread positive energies. A lot of users will be sad if ever happen so lets just hope to keep bitcoin value arise and don't think of possibility of falling it. With a lot of countries accepting bitcoin, that means a lot of users and investors and also buyers. And Australia accepting bitcoin these coming month, that will be really great because the bitcoin price will never dump. With the last price pump, we can say that more and more people will invest in these digital currency because they had known that it's price still can go higher. |
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There is a saying that says :
“If you are born poor its not your mistake, But if you die poor its your mistake.”
- Bill Gates
Bill Gates was not born poor He was born into a very wealthy and influential family. His farther was an attorney while his mother a highly successful businesswoman. In this way, Bill Gates have neither experience nor knowledge about such matters for all his personal achievements (but even these are questionable from an ethical point of view). I guess only those who had been actually born in real poverty and made it to the top all by themselves can have a say in such matters and it how it really feels That is right, Mark Zuckerburg, is also not a poor guy when he started his life, his early life was also described as comfortable and live in a well educated family. His parents can even afford an Atari Basic for Mark that he used to make some games. They may be marked as dropouts, but they have a good life as a kid, still, we can't deny them that they have skills, especially Mark. |
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bitcoin is a trend right now..one can gain huge profit buy colleting few coins..its value already overcome of gold..few bitcoin means secure life
It is really popular, that many investors invested in these digital currency. They are hoping for another big pump that will give them a big profit, they also want to ride the wave with bitcoin. Bitcoin is a really inovative currency that will be hitting every countries soon. |
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