Bitcoin now Down more, about 3900 usd. I thinking bitcoin price would be up to 5000 usd after the month of October. Its only my personal opinion. It can be? or not? anyone explain? Can you tell when the price can be grow more? Advance thanks  The downfall on its market value is resulted from China banning Bitcoin exchanges and ICOs since China is one of Bitcoin's major investors so losing it is not surprising to negatively affect Bitcoin. But as of now, Bitcoin is slowly recovering and is now priced at 4200. It is expected to reach the 5k mark without China especially if the next hardfork will be as successful or more than the previous one which made Bitcoin to reach 4000 in just a short period of time from 2800. |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
Because the market demand is also changing from time to time and since Bitcoin's value is dependent with the demand in the market, as the demand increases, same thing will happen to Bitcoin also when its value falls. But you don't need to hesitate to invest in Bitcoin because it will continue rising. It is just that fluctuations are expected. But still, profit will be assured because the rate of increase is greater than the rate of decrease. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think it is risky to convert all your money to Bitcoin since Bitcoin is volatile. It's market value changes every time which would be a risk. You should still need to make sisure that you'll also have fiat especially if Bitcoin is not yet legal to your country. If you're fully decided, you may convert half of it becausr surely, you'll make use of the regular currency. |
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i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
In my opinion, it is really impossible. What makes a crypto on top is because of the advantages such as transactions, high market value, demand and large community. Bitcoin remained the no.1 crypto for years because it topnotched the mentioned factors. But as you've mentioned, there are altcoins that has more advantages than Bitcoin. If users of Bitcoin will be mindful with that, and will choose to transfer with certain altcoins, its market demand will fall that may also result for Bitcoin to be replaced . But since Bitcoin is on mainstream as of this moment, this thing would be somehow impossible to happen. |
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
I agree that Bitcoin can't replace fiat or regular currencies. And I think bough of it should co-exist since there are still countries wherein Bitcoin and other cryptos are not legal and supported as a currency. If there's something that might happen it is that Bitcoin may be more dominant as a currency if it will be legal to most countries because transactions are faster and Bitcoin has lots of advantages than fiat. |
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Let's make another "bitcoin is died" thread, I think it's just the right time... again   Bitcoin won't die yet as long as there are users and investors that demands for it. Governments banning Bitcoin is totally a loss for Bitcoin and other cryptos. But still, there are other investors that are making Bitcoin successful. And also, governments has no total control of Bitcoin, it is an open source system and is decentralized, so even if it is banned to some contries, it will continue to function. |
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What can you say about bitcoin that pumped into 4115$. Do you think the goal of everyone for bitcoin will reach its value into 5000$ this 2017?
according to my research, bitcoin price is breaking its resistance level and if trading volume in South Korea, Japan, Europe and the US hold up. So it means there is chance to reach everyone's target. But there are factors that also affects bitcoin like in china, because the bitcoin industry on that country is over.
There's a huge possibility for Bitcoin to be priced at 5000$ before this year end. In fact it already reached 4800$ before the downfall took place because of what happened with the bitcoin exchanges in China. But it is now recovering and continuously increasing that made ir again on the 4000$ mark. There'll be a hardfork, and if it will be successful, possibly, Bitcoin will be priced at more than 5000$ and hoping that it will be. |
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BITCOIN vs ETH ? your thoughts ?
Both Etherium and Bitcoin are good, as an investment and as coins. But I think ETH will be better for long term investment because it is highly and more often to be used in ICOs which will also make its market demand high that will result to continuous development on it market value and community which is also good in the future of ETH. Bitcoin is a good investment, indeed, but ETH is more consistent in terms of development. |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping  .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? I believe that this won't be the end of Bitcoin. It is still young and would still go through lots of development. What we are experiencing is just because we lose a huge investor and it negatively affects us which is China. But bitcoin is slowly making its way up. It's something to look forward to. And it is also a sign that this won't be the end for all of us. It is now again on the 4k mark and hoping that it will continue. |
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well i think they are, there is a rumor that Zuckerberg is investing in bitcoin. And hell yeah they know that it exist.
I also think of the same thing. Bitcoin is a good investment. Evwn if they are already rich, ofcourse they won't be satisfied with that. But maybe, they are investing into ICOs or projects because the profit is bigger. The higher their investment and the bigger the project is, will affevt the returns that they will get especially if their investment is a success. |
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China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.
In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.
So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.
Based on what we are seeing and how Bitcoin is going, we are not. Losing China is indeed a major loss and in fact, it resulted for crypto market to fall hard. And good grief! Bitcoin is now recovering from what happened. Its value dropped from 4800$ to 3300$ and currently it is again on 4200$ and continuously increasing. It only proves that Bitcoin can still be successful without China. |
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Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
I think Bitcoin won't be able to reach 10000 before this year end. But ofcourse it is potent enough to reach that amount but maybe next year since we are still recovering from the downfall that recently happen. That amount is too big to be achieved by the developmwnt of Bitcoin in just a short period of time specifically for only three months. But if it will be able to reach that amount before this year end, it will surely be in favor for Bitcoin and its users as well as its investors. |
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job?  Would suggest focusing on both to earn bigger profit. In my opinion, there's no need to quit your job just to focus in Bitcoin. What you need to do is to improve your time management to be able to do both things at the same time. And also, a decent job's salary will give you a stable income which won't be always given by Bitcoin since it is volatile, whixh also means that there'll be times that its value will be low as well as the profit to be earned. |
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Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
It truely is. Its value is continuously rising. Bitcoin also has a larger market price compared to other cryptos and remained as the no.1 cryptocurrency for a long period of time. Its community is also becoming larger that will positively affect the demand that it is getting, and will also positively affect its value ofcourse. In just by investing and holding Bitcoin, you will already have profit to be earned in the future which is also good for long term investment. |
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Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.
I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.
That's something to be proud of. Because of what happened, almost all crypto market are down including Bitcoin. From 4800$ it dropped to 3300 which is aajor downfall. And currently, seeing Bitcoin slowly recovering from what happened also proves that it will still manage to climb its way up without China. Hoping that it will continue rising for the next years to come. |
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for long term purpose, which is better to invest in , Bitcoin or Ethereum ? Lets discuss that ..
Both ETH and BTC are good investments that will give an investor huge profit. Indeed, Etherium's value is continuously rising but I think, still, Bitcoin is a better investment especially for long term. It has a larger community compared to ETH that will make its market value and demand high for a long period of time. So if I would choose between the two, I would prefer investing to Bitcoin. |
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Hi guys,
do you think it's a good time to buy ETH now? Price seems to be kinda low, but I'm not sure what to expect from ETH during the upcoming weekend & the aug1-happening after..
Do you think it's better to wait a few days...?
I definitely think it is the perfect time to invest in Etherium because it is continuously developing and its market value is also increasing. Etherium is usually used in ICOs which also makes it a better investment because the demand is continuous that makes its price higher as time passes by. Buying ETH as of this moment will lead to huge profit and returns, in the future. |
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Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
Is being smart differ from being strategic? I believe that if an individual is smart, he/she will already be strategic or will make the best out of every situation. And the same thing goes with being strategic which also shows that you are a smart person because you are able to develop strategy on a certain situation. Both are important to succeed especially in Business. |
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#JOIN
Bitcointalk username: sapnu
Forum rank: Full member
Posts count: 181 (including this)
ETH address: 0x2B9e9A18811842Be28750Dbf2B3d722CdAC08753
Best regards
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Hello Dev,
I just want to inform you that I will be leaving this campaign for some reason. It is really nice working with you guys. Best regards.
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