Kahoy01
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February 19, 2019, 02:00:29 PM |
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little There are a lot of changes that we can see nowadays, there are now governments that legalized cryptocurrencies in their country. They say that it is now preferable to use cryptocurrencies than fiat currency because of its convenience in terms of transaction.
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Rebisco
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February 19, 2019, 02:04:15 PM |
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little In these past years, we saw the improvements within the cryptocurrency market. The cryptocurrency community is becoming more stronger than before, there are now also many businesses that starting to accept cryptocurrencies due to its unique characteristics.
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KennyR
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February 19, 2019, 02:08:35 PM |
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Once bitcoin was used as a platform for some sort of illegal and gambling needs. Later it evolved similar to a currency with just the virtual presence. Soon after the same the market has come to provide users with some sort of earning access serving as a trading asset as more and more cryptocurrency came into existence. Truly it is moving forward with massive adoption happening with time.
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Bobby park
Member
Offline
Activity: 546
Merit: 24
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February 19, 2019, 02:17:37 PM |
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we are having a very similar situation to 2014 but at a higher price this time since the adoption has grown in the past couple of years. the situation is after a bubble burst and the drastic downtrend that it has caused.
as for investment versus currency, i think that part is still the same too. both aspects of bitcoin have grown side by side. meaning there are a lot of people who see bitcoin as an investment which can only make them money while a lot of other see bitcoin as a unique decentralized currency which is offering them a lot more than just profit. so pretty much the same, only now there are more people in each group.
I was not here back when 2014. When cryptocurrency and bitcoin are coined as bubble burst. However, in this scenario, I feel like where are returning backwardly since many people lose again their beliefs in cryptocurrency. I do not know the root cause why crypto space goes down but it may lead to a big devastation once it will not cure and the market still not recovering. Bitcoin gives us a source of income and it was already proved that it changed the life of every people, either an investor or hunter.
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Caladonian
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February 19, 2019, 02:40:20 PM |
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little In these past years, we saw the improvements within the cryptocurrency market. The cryptocurrency community is becoming more stronger than before, there are now also many businesses that starting to accept cryptocurrencies due to its unique characteristics. That's right, there's already businesses that caters crypto payments and government to legalized the used of crypto, but for sure its not too late to review and research every information that's needed in order for OP to catch up with how the trend goes, bigger difference with the value and a lots of newer projects to choose but the same intentions to become a currency that can workout with local fiat. Welcome back, and I do hope that deciding to comeback would bring you more interest to stay for good.
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pawanjain
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February 19, 2019, 02:49:48 PM |
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Good to know that you are back after a long gap of 3 years. I would like to know what made you think you should return to bitcoin because lately, I have seen many people quitting crypto. bitcoin is now more dominated by speculators and this has lead to an increase in the price of bitcoin. I would say that whatever happened was for the best of it. bitcoin was over valued in the end of 2017 and a correction in it's price was definitely necessary according to me. Now that the correction is over, I guess bitcoin should start rising soon.
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gabmen
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February 19, 2019, 03:59:39 PM |
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little There are a lot of changes that we can see nowadays, there are now governments that legalized cryptocurrencies in their country. They say that it is now preferable to use cryptocurrencies than fiat currency because of its convenience in terms of transaction. there is a slight change not much I think this appears that is not met by many people but not all that it knows and this is the rise of bitcoin in the near future Lol big changes came in 2017 and that placed bitcoin in a lot of people's radar. And then 2018 happened that probably placed a big question in bitcoin for would-be investors. I think the guy can already back track from there. You don't often see bitcoin and crypto in news and social media back in 2014.
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cambda
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February 19, 2019, 06:08:15 PM |
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The serious issue with digital currency presently is the bear showcase, which is a piece of its points of interest. Numerous crypto clients are truly regretting now since it has influenced market esteem so much that moving most coin presently is very nearly a waste. Furthermore, I think we simply must be persistent. There is light toward the finish of the turned.
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bitzizzix
Sr. Member
Offline
Activity: 2562
Merit: 451
Enjoy 500% bonus + 70 FS
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February 19, 2019, 06:29:15 PM |
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I think we are now moving forward now not just with bitcoin but with some alternative coins. We should continue the support for the movement will not change again. I think we are now at the start of bullrun!
Hopefully that is true, because if we look at the last few days the market has shown a sign of a significant price increase, and if this trend can survive, it will be very encouraging. Yes, in my opinion the current bitcoin movement will be a good sign though a little slow but sure. we must be optimistic that we will continue to survive and hold it in the stage of increasing current bitcoin to go up and wait for the highest prices, this year's movements such as 2017 and its peak at the end of the year at very high prices.
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Mister1k
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February 19, 2019, 08:06:15 PM |
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Since I realize numerous things have changed, to refer to one which I believe is the most imperative, the general population have begun to have a problem solving attitude. With the past publicity on bitcoin and crypto when all is said in done, numerous individuals didn't act judiciously and just purchased in due to the pattern without knowing the hidden tech. Along these lines, they got scorched. So now, we are left with individuals who think carefully.
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Naughty Princess
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February 19, 2019, 08:50:18 PM |
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Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction
It has not changed much in over the four years you were away. The adoption has increased and also attention from government and external industries. Bitcoin is not slowly replacing fiat, I do not think it is meant to replace fiat currencies. It is an alternative currency Moreover, crypto transaction is faster than before. The adoption of crypto is faster and then the price gets lower but still it is popular in the market. It is an alternative currency which will not replace even fiat. For now with the price, it is an investment to everyone which hopes to gain when the price gain a recovery.
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Yamifoud
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February 19, 2019, 09:32:34 PM |
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Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.
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ethereumhunter
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February 20, 2019, 01:58:34 AM |
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I think we are now moving forward now not just with bitcoin but with some alternative coins. We should continue the support for the movement will not change again. I think we are now at the start of bullrun!
Hopefully that is true, because if we look at the last few days the market has shown a sign of a significant price increase, and if this trend can survive, it will be very encouraging. Yes, in my opinion the current bitcoin movement will be a good sign though a little slow but sure. we must be optimistic that we will continue to survive and hold it in the stage of increasing current bitcoin to go up and wait for the highest prices, this year's movements such as 2017 and its peak at the end of the year at very high prices. Yes, no matter if it's a small increase, the price still increase. I am sure the next wave will come to us, and in that time, we will see the price will increase higher. We see the lower price in 2018 and 2019, and we might see the price can go up again. All coin now is starting to search a new way to increase, and it will happen soon. So we need to wait and see what the next things that might come.
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idham29
Member
Offline
Activity: 315
Merit: 12
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February 20, 2019, 06:03:30 AM |
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Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.
Without a strong desire it is very difficult to achieve progress in the crypto business, because price movements are always changing in the not too distant future. Trade becomes very aggressive, buying and selling occurs in a very fast time. Is this good for crypto trading? I think this is a sign that there is a fairly good movement of transactions for crypto progress, because more and more demand for prices tends to rise.
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TheUltraElite
Legendary
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Activity: 3052
Merit: 1327
Take good care of your parents!
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February 22, 2019, 01:35:01 PM |
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Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.
It was not a continuous pump ever in the history of cryptocurrencies. There are transient pumps and dumps depending on what is going on in the news and some altcoins buzzing around with new partnerships and bullish announcements. Then there is the halving coming soon as well which should bring a bull trend in bitcoin as well. Moving forward would not be a correctly applied term. Its more like market is getting pumped by people buying coins since they are still low and are in a good position to buy now. 5k is not the target lets be optimistic and look out for the next 10k pump.
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bitbunnny
Legendary
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Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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February 22, 2019, 01:40:39 PM |
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I still wouldn't call current situation a change, at least not significant one. It's a minor positive price correction which is good to see but let's not be too optimistic too soon. There is still long way to go untill we could say that the price and the market is recovered. Let's hope this small increase will become a trend and that price will continue to grow but untill that happens and the price crosses 6000$ I would be careful in predictions.
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fianaindriati
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February 22, 2019, 01:51:45 PM |
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little There are a lot of changes that we can see nowadays, there are now governments that legalized cryptocurrencies in their country. They say that it is now preferable to use cryptocurrencies than fiat currency because of its convenience in terms of transaction. this year the changes in the crypto world have been pretty much so. because the longer the crypto will be more interested. so of course there are many changes in 2019 now. even though in 2019 it was still early but a lot had changed.
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Altero
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February 22, 2019, 02:11:42 PM |
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Pumps and dumps are just a usual event in crypto trend and we can't finally say that we are headed for another bull run cause it still still not moving hard. I may consider these is just a usual fluctuations and anytime there is a possibilities that it will turn back into declining. But we could be more optimistic at this time and be more observant with the market cause it is more important to analyze the trends and be safe from losing.
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sapnu
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February 22, 2019, 03:14:03 PM |
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It has become an investment vehicle more than a tool that is replacing fiat. Almost all regulations covering cryptocurrencies are also related on it being an asset/investment rather than a transactional currency, so not much has changed. Price wise, it has changed drastically, though I think it's an improper metric to gauge whether bitcoin has become successful or not.
Overall, I'd say bitcoin changed for the better, at least when comparing it to 1014 market conditions.
in terms of price as of now, it's still not good for everyone after we experienced the bull run last year. We are all waiting for that to happen again. Cryptocurrencies and ICO's will rise up again. Just dont lose hope and keep on supporting Crypto to have more investors.
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zee11225
Member
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Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
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February 23, 2019, 11:57:46 AM |
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Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.
In 2019 there are many predictions about bitcoin. Some expect prices to continue to rise, but some are pessimistic that prices are stagnating or declining. I estimate the price will rise, but not more than USD 5,000. The figure that I estimate is around USD4000. In my opinion, it is good and healthy for bitcoin trading, because all bitcoin business people are not afraid of being exposed to extraordinary price fluctuations, so the attack on bitcoin is also very large.
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