Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?
These people probably the most. People built bitcoin to the rank of God and hope that he will make everybody rich. It seems to me that the main advantage of bitcoin is that it provides freedom to the users. Everyone who wants to work can have enough money and not depend on state-managed economy. |
|
|
|
|
Always different news. The bitcoin ban, they want to legalize. What to believe? Anything. The government does not want to legalize bitcoin but want to have it with taxes. It seems to me that the bitcoin community pays much attention to the legalization of bitcoin. Need to pay more attention to circulation of bitcoins between members of the community.
|
|
|
|
|
In my country, such technologies are not interested officials. Only through personal communication with the citizens have the opportunity to obtain bribes. The electoral system also can be completely changed using the blockchain technology but who is interested in it? I think we will not soon see this in practice.
|
|
|
|
|
Illegal activity is the prerogative of law enforcement agencies. Find and fight crime is their job and they get paid. They use bitcoin or Fiat, it doesn't matter. To accuse bitcoin of all sins is an attempt to avoid responsibility for inaction. That's why I do not feel guilty that you don't pay taxes. The government inefficiently spends my taxes and I have no way to change it. Maybe bitcoin will force officials to think about it?
|
|
|
|
|
I don't believe in God and belong to the Church as a Scam. The fact that OP says this is not a Church. This is a Scam that does not hide in order not to have problems with the law. If a person goes to the police they will say that we had warned about his intentions and the man himself agreed to give us money. When it comes to bitcoin then you will need to prove material damage.This will make it quite difficult.
|
|
|
|
|
It is 100% fraud. No matter the government recognizes bitcoins or not you cheated. Under the guise of the money you give the paper. It's a Scam in any country. I think you definitely need to go to the police. Now on the streets of many cameras and possible fraud can be tracked. Proceed and be careful next time.
|
|
|
|
|
People often do not see the difference between the real economy and the circulation of cryptocurrency. Banks is part of the real economy and without them it is impossible to develop production. How businesses can take out loans in bitcoin for production development? If not the company will operate then you will not have money to buy cryptocurrency.
|
|
|
|
you can read up on the POS (proof of stake) algorithm.
It is designed to reward people that hold (stake) a certain amount of altcoins for a certain time.
This way, you can create passive income, however, it's only a limited number of altcoins that use POS, if you pick an altcoin to stake, and you gain 10% in one year, but in the same time, the altcoin's price goes down 50%, you end up with more altcoins but with less actual value.
You probably mean the Ethereum. In these coins the developers laid down the mechanism of inflation. POS is an attempt to stop this process but I'm sure it's a ticking time bomb. When it explodes all will suffer who keeps ETH. I do not recommend long to keep money in altcoins. |
|
|
|
Bitcoin, of course, is more transparent and fairer. 90% of the wealth of the entity is basically in the hands of 1% wealthy people, and basically monopoly of the industry. Bitcoin is definitely not.
There is hardly any reason to deny this fact that most of the wealth is owned by only a few percentage of people. But it is very much expected that bitcoin after sometime manage to change this trend. Bitcoin is very much capable of making anyone rich. Moreover, there are so many unemployed who are earning from bitcoin now. Time is not too far when most of the wealth will be owned by majority of the population. It seems to me that you are mistaken. Nobody knows how many bitcoins are now concentrated in the hands of whales. They have a large impact on the market of bitcoins and so you can easily manipulate the price. For poor people their savings in bitcoin is very valuable and therefore, when whales of lower prices in the market, they panic and sell their bitcoins. This leads to the fact that the whales concentrate even more bitcoins in their accounts. Where there is money can not be equal distribution. |
|
|
|
I came across several threads on the forums about bitcoin as their source of income, people leaving their day jobs just to focus on campaigns here in the forum.
Why most of the people in the forum sees bitcoin as currency that you need to spend everyday? On my opinion at this point of time for bitcoin it is better to consider it as an asset, an investment that if you keep it there is a big chance that your investment will grow. Think of its future potential, at this time each coin cost $5600+ when maybe about 100 million people who is using it. imagine what will the price be if 1 billion people uses it in the future how much will the price be? And this also applies to alt coins. As much as possible keep you coins and wait for the price to boom.
It is because of this approach to bitcoin users, he cannot become a full-fledged currency. Recently, we have seen a substantial decrease in the number of companies. If the earnings on the signatures over all will keep the coins. What's next? Why do you need a currency which has no circulation? Bitcoin will die. Only circulation makes any currency to live and have value. Simple deduction you can ensure that bitcoin would not need anyone and the price drops to zero. |
|
|
|
Why do you call it Crypto winter? When did this idea came from? I'm assuming that you are referring to the price or could it be the dip, the upcoming forks. Well, this is not really new to me since I've seen some greater dips back then. This is just a normal reaction when there is a fork but the price of bitcoin that keep on rising extremely every year, that is not normal.
I agree, it worries me a bit realizing that bitcoin pumps extremley high just in a couple of weeks. This year, from less than 3k to 5k and almost 6k by the end of the year. I wonder what makes it go up that high, it almost tripled. China banned exchanges and I think that when Japan and Korea adapts it I can not recover that fast but look at it now. I am very glad about the prices but still worried. It seems to me that the main reason that bitcoin is growing in value is a result of the conspiracy whales. But by their actions they are pushing the use of bitcoins ordinary people. This leads to the fact that the number of bitcoin users will continue to grow. Once the number of coins the whales will be comparable to the number of coins available to users of bitcoin will become more stable and predictable. |
|
|
|
Theory
I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
This is just my opinion but I think bitcoin would go down in price by a huge margin from 5500$+ to below 5300$ after the free money has been distributed. My assumption is based on the current demand bitcoin gained because of the upcoming fork that will happen in November. It will just be temporary though there is a great potential of bitcoin going way above after the said price decrease. On the forum a lot of optimists who are hoping to see 8-10K dollars and pessimists who expect performance 5-6K dollars. I am a supporter of the pessimistic scenario. $ 6000 is really. Bitcoin can not continue to grow. It seems to me that the present situation is connected with the demand for free coins. November fork will not give such results as in August and the price of bitcoin will decrease. |
|
|
|
|
It seems to me that people want bitcoin to be impossible. I doubt very much that this year we will approach the price of $ 10,000. A tenfold increase in prices over the year is too optimistic. I predict the price of about $ 6,000. You will agree with me this is also a very good result.
|
|
|
|
Considering bitcoin price always fluctuate over time and easily can be affected by various things / news, surely after the rise there will be a time for bitcoin price that having decrease, but I think if bitcoin price have a decline.. it's will not go down much further. I just hope, bitcoin price can staying above $4000 so on.
$ 4,000 this stage has already passed. I think that once bitcoin has crossed the psychological barrier of $ 5,000 he won't fall below. Of course possible that the price will fall below during the run before the new start but it will not be long. I think that $ 6000 at the end of December a very real price. |
|
|
|
If the incoming Bitcoin Gold and Segwit2x hard forks have so much positive impact over the bitcoin price,we should make a new hard fork every week.  With more hard forks the bitcoin price will reach 20000 USD after one month. I pray for Amazon to accept bitcoin payments.This will be a huge breaktrough for mass btc adoption. The chinese PBOC will realise that fighing against cryptocurrencies is pointless. I do not believe that the fork can raise the price. In my understanding, any global change should lead to a decrease in the level of trust. If Amazon really gives the opportunity to buy goods with bitcoin it will bring more use and popularity of bitcoin. If you have businesses that will produce goods and to pay its employees salary in bitcoin then bitcoins will really become the currency and will have the right to life. |
|
|
|
Base on the current upward trend of bitcoin in recent time don't you think it is possible that bitcoin value will reach $10,000 in the nearest future? As for me I'm optimistic that bitcoin will reach $10,000 before end of December, 2017. And I believe that the sailing will start by November after Sewig2x. Do you agree with me?
The price is increasing steadily day by day, even with high volatility rates there is high hope for bitcoin to least touch the 6,500 mark if not 10,000. It still has to become more popular to hold its price.Due to low supply the price can still go higher. Yes the increase is happening is still very possible at all. this is visible from the increasing number of bitcoin users, now the price increases from 4,000 $ to 5800 $ which only happens about a month. of course this has proved that bitcoin is now one of the most sought after investments by people. I see the most optimal conditions for an increase is at the price of 7,000 $. but it is also possible that the price could reach 10,000 $ by the end of 2017. all possibilities can still happen because sometimes bitcoin shows miracles to all of us. You cannot expect a miracle from bitcoin. I do not the first year already trying to figure out why the price increases and do not understand. The only explanation I find is that the bitcoin pumped their money whales. The only logical way of capitalization of the bitcoin is mining. But this is not enough for such price increases. What will happen to bitcoin if the whales agree with each other and withdraw their capital? I can't imagine life without bitcoin so that it could earn rather than buy. |
|
|
|
|
You invite countries to borrow in bitcoin? Lol. Suggest you start with yourself and lead by example. I wonder how long you will be in debt? There are a lot of third world countries that borrowed in dollars and can't give them up because their currency is depreciating faster than the dollar. Bitcoin grows in value much faster.
|
|
|
|
The guy is definitely having his game play on this. Whatever these tactics are, investing in bitcoin will have its own share of risks just like investing in anywhere else. It just interests me that he did acknowledge the validity of the blockchain technology but he does not understand the value of digital currencies not backed up by the government. Well, I guess government is likely to adapt various cryptocurrencies someday.
These analysts are accustomed to working on the markets for Fiat. Therefore, they only understand the classical laws of Economics. Cryptocurrencies are not amenable to these laws, therefore, the opinion of these people I'm not interested. They've earned your credibility in Fiat currencies. Let them and comment. |
|
|
|
I think no. Base on my short research (Because I'm too lazy and don't have time  ) most Bitcoins are distributed nowadays in different countries. What is see now is that Japan will be the next king in a few years. Japan would dominate the Asian markets. But I don't think they take over the world. Now there are all prerequisites to the fact that the European markets will be under the control of Switzerland. They have long lost confidence in its banking system and will not miss the opportunity to restore its position due to the cryptocurrency. |
|
|
|
Another day, another high, and another bitcoin hater spreading FUD to stop it.
I don't understand the meaning of such predictions. Who listens to them. Even FUD to ban cryptocurrency in China had no effect. The price of bitcoin has dipped but I think that it was only at the expense of the whales. Ordinary users holding their coins. We don't have a lot of free money to buy up all the coins from whales. Therefore bitcoin so long kept down. Now there is no sense to sell because bitcoin is only the beginning of its rise. |
|
|
|
|
Show Posts
