Imagine Crypto and Bitcoin Currency Risks in early 2018

[cokroalif]

The fear of falling prices for Bitcoin and other crypto currencies is suddenly still hotly discussed. Is it true that the future of digital money is getting worse in 2019?

[OmegaStarScream]

If by 'future' you're referring to the price then no one could tell for sure but If we're speaking about adoption (a stronger community etc.) then It's getting better and better and as far as I'm concerned, that what counts because there will always be manipulations when it comes to the price.

[davis196]

The fear of falling prices for Bitcoin and other crypto currencies is suddenly still hotly discussed. Is it true that the future of digital money is getting worse in 2019?

"Digital money" is a very broad term.The funds in your Paypal,Skrill,Stripe and online bank accounts are digital money as well.If you are asking about cryptocurrencies,it depends.Some altcoins might die,others might flourish.Bitcoin will remain the king of all crypto,but I nobody can predict how and when the politicians and central bank clerks will try to hit the crypto world.

[towi078]

No matter how bad the crypto market conditions this year, I personally believe. The crypto's future is very good. Currently the world of cryptocurrency is still in the development stage, in time. We will know, the true value of bitcoin

[Herbert2020]

there will always be people who would want to convince you that the future of bitcoin is not good because of any of the following:
- they don't want to see bitcoin succeed because its success means their failure. like banks feeling threatened by bitcoin or some shitcoin that wants to be pumped more and knows if bitcoin is rising they have no chance of staying around
- they want to push bitcoin price lower so that they can buy more of it for themselves.

[Pursuer]

the fear has always existed among newbies and it has always been a hot topic of discussion. it is nothing new that you are seeing a heated discussion about it among them. the rest of us don't share that irrational fear about bitcoin price drops. there is always a risk/reward ratio when it comes to everything including bitcoin and at this point the reward is a lot higher than the risk because of the fact that bitcoin price is currently in a big dip and is the result of a huge decline in price (about 80%) and that is a good buy signal for many investors and a little more drop is not going to change this fact.

[passwordnow]

The year's just starting and you have been assuming it that its going to "worse". This isn't different with those predictions that are too high for everyone and what do you mean by worse? Price will go to $1 or there will be no adoption or worse there will be no more people that will use bitcoin and crypto's? Bitcoin proved to be strong even though it went through a correction for 2018. It's resistance shows on how much strength it has.

[buwaytress]

Still hotly discussed? When has it gone cold in the past 3 years? Or even since it was globally traded and used? Show me just 1 sign why anyone interested in Bitcoin should be worried about its future. As pointed out above, we see adoption and use continuing in upward trends. Technological progress has even scaled up. Ok we have a temporary drop in hashrate and therefore, security but the long term upwarda trajectory is maintained.

The only thing that makes people worry is price. But even that is on an upward trajectory. Look at all time highs. All time lows. What do their numbers tell you?

[aris av]

I think cryptocurrency will grow more this year, and I don't think we need to be traumatized by crypto market conditions in 2018, because crypto will be able to return to recovering its value.

[clrpod]

The fear of falling prices for Bitcoin and other crypto currencies is suddenly still hotly discussed. Is it true that the future of digital money is getting worse in 2019?

There's little to suggest that the future for bitcoin or crypto is getting any worse. True adoption is increasing (forget the bandwagoning that happened in 2017). Price wise there's little room to fall from here so 2019 will likely be a big improvement on 2018.

[LeGaulois]

I think cryptocurrency will grow more this year, and I don't think we need to be traumatized by crypto market conditions in 2018, because crypto will be able to return to recovering its value.

Someone who invested everything in 2017-2018 because he read here and now that BTC is the best investment is surely "traumatized".
I would like to see you telling him "you lost 80%, yeah, and you perhaps can't feed your family anymore" but don't be traumatized"
Recovering its value? How are you so sure, you're just betting. People should stop to mix the BTC value with its adoption because it's not how things work.

[StarofBTC]

The fear of falling prices for Bitcoin and other crypto currencies is suddenly still hotly discussed. Is it true that the future of digital money is getting worse in 2019?

I have seen couple of topics like this that stated "is it true that..." and continued to ask if what is "said" is true and all that.

Well, in order to even take you seriously don't you think it would be really good if you provided with a source ? For example here you said "is it true that the future of digital money is getting worse in 2019 ?", well who said that ? Did you ? If you said that than you should answer your own question first. If you didn't than who said that ?

I mean I have seen plenty of amazing news for 2019 starting with BAKKT and moving with SEC and tapping off with NASDAQ possibly. So, who says that 2019 will be getting worse ? Could it be ? Sure why not but the way the question was asked is making it like it is common thought that 2019 will be a bad year and everyone feels that way which is definitely not true at all.

[Dikarama7]

The crypto market is growing high in 2017 but in 2018 it experienced a downturn and almost touched the ground. In 2019 I don't think it will be worse than 2018 but by 2019 it will be a year of recovery for crypto.

[Baofeng]

The fear of falling prices for Bitcoin and other crypto currencies is suddenly still hotly discussed. Is it true that the future of digital money is getting worse in 2019?

If there's no future then crypto should be dead by now. But as you can see, bitcoin survived its 10 years and we have reach at least $19K during that time. So the future still looks like for crypto in general, might be some hiccups along the way but definitely a lot of leg room to grow in the next 10 years or so. Also remember that this is a free market, anyone can enter and exit as he/she pleases so there's a continuity.

[Febo]

The fear of falling prices for Bitcoin and other crypto currencies is suddenly still hotly discussed. Is it true that the future of digital money is getting worse in 2019?

Future of digital money was no year worse then a year before. So it is also not in 2019. This year we will see results of 2017. But general mood about Bitcoin will be gloomy. Remember, Bitcoin was one of least profitable assets of 2018. And that argument cant be changed for a whole year.

[1Referee]

The only thing that makes people worry is price. But even that is on an upward trajectory. Look at all time highs. All time lows. What do their numbers tell you?

Nothing I'm afraid, because if they did before buying into the hype, they would have waited on the side for the price to fall down to enter.

In the same way, all the idiots calling themselves experts made the same mistake, so it's not that newbies are the only ones to blame for doing the wrong thing. Newbies, ok, that's pretty understandable if they burn themselves in the very beginning, because we have all been there at one point, but the very fact that people who know something about traditional markets and their cycles have done the same, is ridiculous, heck, retarded.

Fomo affects everyone, because the euphoria that flows through the market turns even the most conservative investors into yolo gamblers. No one wants to miss out. The feeling that you could have invested but didn't is killing, just like how some people right now think about how they could have sold last year but didn't.

[Adriano2010]

You wrote 2018 in title, but i think this is just an error. Yes for some investors i think is hard now to invest now if they bought at high 19,000$+ for 1 bitcoin, but if i'd be in that situation i will assume a risk and i will buy let say 10 bitcoin and hold at least until next bull run.

[figmentofmyass]

Still hotly discussed? When has it gone cold in the past 3 years? Or even since it was globally traded and used? Show me just 1 sign why anyone interested in Bitcoin should be worried about its future. As pointed out above, we see adoption and use continuing in upward trends. Technological progress has even scaled up. Ok we have a temporary drop in hashrate and therefore, security but the long term upwarda trajectory is maintained.

i'm really glad the recent hashrate uptrend finally broke. it was completely diverging from the price throughout 2018, rising 4x while the price continually grinded downwards. that suggested the bubble in mining speculation still hadn't burst, even long after bitcoin's price bubble had.

[BitHodler]

True adoption is increasing (forget the bandwagoning that happened in 2017).

Mind explaining what 'true' adoption looks like? The only form of adoption I have seen is how people consider crypto to be a money making machine, and that won't change--more than likely will become worse.

+90% of the people are here to make money, that's the hard reality. None of the exchanges feel the need to make people aware of why crypto has value in the first place. They only want to stimulate you to buy shit you don't need.

Exchanges are the entry points for people. If it goes wrong there, it's likely to go wrong everywhere.

[wuvdoll]

The only form of adoption I have seen is how people consider crypto to be a money making machine, and that won't change--more than likely will become worse.

+90% of the people are here to make money, that's the hard reality. None of the exchanges feel the need to make people aware of why crypto has value in the first place. They only want to stimulate you to buy shit you don't need.

Exchanges are the entry points for people. If it goes wrong there, it's likely to go wrong everywhere.

Adoption of bitcoin can be done for any reason and there will be no compulsory (nor any theory) it should be for making use of bitcoin only as money. True adoption sounds like people will be continuously "using" bitcoin and NOT they will buy and sell and then forget it completely.

For example, you may adopt bitcoin for paying your VPS hosting or to hoard in cold storage with the target of $1 million price levels. When you are continuously paying your VPS with bitcoin then you have become a true adopter of bitcoin and all the long term holders are obvious true adopters.

The right usage of bitcoin for percent time must be using it as a money making machine. Only after, it will be having considerably stable prices, it may turn into be used as money. I wonder how many people are understanding this facts about bitcoin adoption while entering.