I have seeing a very strong buying signal across most of the exchangers platforms and I think $5000 is already at hand. Currently bitcoin's price is at $4607 and if we get another serious push again we may break the resistance at$4950 area. I have also See MACD and relatively strength index showing a very strong bullish momentum.
Although the increase on its market value is continuous as of this moment, it will still be hard for Bitcoin to reach the 5k mark this week or this month since hardfork in November is also approaching and Bitcoin is still recovering from the decline on its price recently. It is still possible for Bitcoin to reach 5k this month but not this week, and don't get me wrong, I'm just stating that it will be hard for Bitcoin and if it will be able to reach that goal, ofcourse it will be good for Bitcoin and its users especially its investors. |
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Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.
I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.
It appears that Bitcoin can still be as this successful without China but still, China is a big loss for cryptomarket due to its huge influence. But seeing Bitcoin's market value rise, without the help of China and after a major downfall that made its value dropped to 3300$ from 4500$, it is now again on 4200$ and is still rising. This also proves that Bitcoin community already grew that even if without China it can still make a high market demand in Bitcoin that makes its price expensive. |
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Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down! Who will agree with me?  That's absolutely true. China has a huge influence in the cryptomarket , and losing is regatively affected Bitcoin. There are people who taught that the dump will be continuous but fortunately it is not. After a week, Bitcoin started to rise again, slowly but surely. Before it was down to 3300$ from 4800, and it is now again on the 4k mark that proves how strong Bitcoin became that it can also be as this successful without China. |
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CNN News says "Bitcoin could be heading to $6,000 by year-end"
I am imagining what would have been the state had we not got stuck in multiple FUDs this year.
I would say that there's a huge possibility for Bitcoin to rach the 6000$ mark before this year end especially if the hardfork that will happen in the month of November will br successful. Knowing that the previous hardfork made Bitcoin's value to go skyrocket from 2500 up to 4400 in just a month. And if the next fork will be also successful, same thing will happen to Bitcoin's market value. |
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If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
If this thing will happen, there's a huge possibility that the market demand of Bitcoin will be highly stable as well as its value which also means, bigger profit to earn. If it will be legal to most countries, transactions such as what you've mentioned will be normal. It's a bit weird if Bitcoin will be taught to students because at the first place it doesn't have connection with education if I'm not mistaken. |
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In my personal experience, I first heard of it 1 year ago in a online forum game, people sold gold for Bitcoins, around March, gave it no importance at first. Now im kinda utterly commited to it. Really an interest subject of study.
I accidently read something about cryptocurrency when I'm searching for my assignments way back 9 months from now. I was first curious on what cryptocurrency is, then another article appeared which is about Bitcoin. I'm amazed and at the same time interested on how does its users are having income by just posting in a forum. So I've decided to be one of its users and started joining campaigns. |
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
It obviously won't die just because of what happened. But still, we can't hide the truth that it resulted to major cryptomarket to fall including Bitcoin. Given the fact that its value fell from 4600 to 3400 in just a week of time if I'm not wrong. But as we are seeing right now, Bitcoin is slowly recovering and is now again on the 4k mark which proves that it can still recover without China. |
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China ban ico and also try to ban bitcoin.As a result bitcoin dumping and price 3000$ below.Now bitcoin again hit 4000$+ now .Bitcoin can 5000$ before november? I want to hold my bitcoin plz give me your predict?
I don't think so. It will be hard for Bitcoin to reach 5000$ mark alone without China which is one of the major investors. In fact, Bitcoin is still on its way of recovering from the downfall it suffered dure to what happened with the exchanges in China. Maybe before this year end it will be priced higher than 5000 especially if the incoming hardfork will succeed just like the recent fork which happened last month of August that positively affect its market value. |
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Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
So it is not legal to the country where you're at. I suggest you to hold your Bitcoin for more years until it become legal and with that, you will be able to use it as a currency. By the way, it is also not yet legal in my country but there are exchangers that obviously converts Bitcoin into fiat that allows me to use my profit. |
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People says 1 BTC will be cost 1 Million do you believe in that?
It's hard to tell because that's a huge amount of value for a currency, specifically digital currency. But maybe, it is somehow possible but in my opinon, it will only happen if and only if Bitcoin will be legal to all of the countries and will be used on daily basis and daily transactions because kn that way, the demand will surely increase as well as its market value that will result for Bitcoin to be that much expensive. |
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for long term purpose, which is better to invest in , Bitcoin or Ethereum ? Lets discuss that ..
I would say Etherium is better for long term investment for the reason that it is continuously growing in all aspects, more. It is true that Bitcoin has a larger community and has a higher market value, but ETH is younger than Bitcoin, if I'm not mistaken. Which means it will still develop as time passes by. Also, it is more often used in ICOs which will make Etherium grow in the future. |
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Let's say that the bitcoin price drops to 300$ for some reason tomorrow. What would happen to the further development of bitcoin? Would that mean that the bitcoin may never recover due to lot's of businesses, that have implemented it, dropping out due the instability of it? What would that mean for you?
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
I would say that it will be still able to recover BUT it will be surely hard. A market value of 300$ was its market price 5 or 6 years before. And I'd say that it will take Bitcoin more years to recover because they'll surely lose most of their investors. The light of Bitcoin will be dimmed because that will be a major downfall thinking of a price drop from 4000 to 300 and obviously it will negatively affect the future of Bitcoin. |
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Bitcoin price keeps increasing. Price is x10 considering last year. Even 25k-50k-100k is predicted.
Are you adding more bitcoin by buying with cash? or you trade or invest in ICOs & altcoins in order to increase the amount you have?
or do you just hold what you have?
Indeed, its market value is way far from its price before. I sometimes buy Butcoin using cash but most of my Bitcoins are earned from signature campaigns or ICOs. And I am planning to make more Bitcoin from it, and hold it for a long period of time as its vale is continuously increasing same with the profit to be earned in the future. |
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We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
It is really hard to say that it is not possible to happen. I believe that as long as there's an involvement of money, there'll always be corruption. In Bitcoin, surely it is rare since everything is publicized such as transactions but still, it is possible to happen as what I've said. There are already cases reported in altcoins that has a strong blockchain technology, therefore, it is also possible to happen in Bitcoin. |
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At 05.08.2017 i shared a photo from myself where i wanted supporters to make BTC to reach over 4.000$ it was 3,050$ at that time and i saw now its 3700$, but it fails and many peoples think that i wanted just donations bla bla, i just type my addy there at photo if someone support my idea to donate if not it will be ignored. Here was my photo https://i.imgur.com/a3dM3Cs.jpg, anyway my story was sucessful in something because BTC after that day goes to 3600$. Bitcoin already reached and broke the 4000$ mark, it even reached 4800$. It just dropped because of what happened with China and ICOs including Bitcoin exchanges that resulted into downfall. Bitcoin is slowly recovering and will then again try to break the 4000$ mark and this time, without China. By the end of this year, hoping that Bitcoin will again, go skyrocket because of another hardfork in the month of November. |
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What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
If Bitcoin will be banned, it will negatively affect its market value because, surely, its number of users will decrease that will also affect the demand that it is having from the market. I would probably move into another cryptocurrency, preferrably altcoin if this would happen. It will be useless for me if I won't be able to use and spend Bitcoin. |
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Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
It will still depend to you. But seeing that its market value low, I think this is the perfect time to Buy Bitcoin and to hold for a period of time. We all know that its market value will eventually recover from the downfall that will give huge profit to its users once it fully recovered. Bitcoin is slowly making its way up again, and hoping that it will continue. Its just my opinion that this is the perfect time to buy Bitcoin. |
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I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
Bitcoin is already used in gambling. It is a digital currency and is probably allowed to be used in online gambling sites. In Casinos, it will still depend on the management of that casino. In real casinos, ofcourse its legalization in that country will also be a factor to consider whether Bitcoin will be accepted or not. To sum it up, there are already casinos that accepts Bitcoin as an exchange for chips and gambling purposes. |
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a few hours ago I noticed bitcoin had started to rise. and now it has reached $ 3409.97. What do you think ?
Hoping that it will continue. That's good to hear, it means Bitcoin is now recovering from the downfall because of what happened with China and Bitcoin exchanges and ICOs. It is indeed a major loss because China is one of the biggest crypto investor. But still, Bitcoin is having a high market demand which makes its value again, rise. Hoping for a total recovery before this year end. |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
I doubt that it will ALWAYS be enough. Indeed, the profit that a user may get from Bitcoin is huge but knowing that Bitcoin is volatile such that there are times that its market value is falling, the income in Bitcoin won't be stable so it won't also be enough. A decent job will provide a stable profit, so it is still needed, in my opinion. But to earn huge and stable profit, I believe that an individual should do both at the same time if he/she is capable. |
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