What has changed? Is it moving forward?

[SaShiRaJaVu]

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.

You are stating that you are in the bitcoin market for a long time and are you telling that you missed out on the rally in 2017 since you said you are coming back after a few years and that means you were in a comma to miss the big rally that everyone witnessed. The market is in the same situation where you left but with a much bigger valuation and the market might rise again in a couple of years.

[TheUltraElite]

to date, cryptocurrency has become very familiar to internet users, and has been the talk of many people because many people got rich in 2017 yesterday because the price has surged beyond expectations of all its users

Nah those are transient pump and dumps. Nothing to be worried or surprised about. The pump of 2017 was due to the tether manipulation and also the social media going viral about crypto which accelerated the pump. Now since its not doing that anymore there is no such "inorganic"/manipulated pump. That is why this is a good level to buy in and the support at this level of 3.8k USD is pretty good but feel free to place buy orders at lower prices as well.

The bottom line is that there will be transient pump and dumps but the future price of bitcoin will rise due to deflationary system of bitcoin. Hence without doubt it is a coin would stocking up on and not wasting a single satoshi.

[steveabrahams]

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

Combined all of them, the problem is not only about the speed of transaction, there are other problems too. In my opinion bitcoin still same like the old time, the different is more people start knowing about bitcoin and learn about it, also find an opportunity in bitcoin too.

[FIFA worldcup]

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

Well, since you said you have been away for 3 years now, it will interest you to know that cryptocurrency attained a great height in 2017, in terms of price. But from the time you started which is 2014 to the current day that we are in right now, it can still be said that cryptocurrency has not actually changed, but has rather gained more recognition and acceptance.

to date, cryptocurrency has become very familiar to internet users, and has been the talk of many people because many people got rich in 2017 yesterday because the price has surged beyond expectations of all its users

Yes, 2017 was the year when many people got rich and everyone wished they could have also got some profit from that rally. Those who missed out at that time will really be regretting now.

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.

You are stating that you are in the bitcoin market for a long time and are you telling that you missed out on the rally in 2017 since you said you are coming back after a few years and that means you were in a comma to miss the big rally that everyone witnessed. The market is in the same situation where you left but with a much bigger valuation and the market might rise again in a couple of years.

I think we will get next bull near 2020, and it will be bigger than the one in 2017. Only those who show patience now and not panic sell, will get benefit for it in the long run.

[semobo]

The price of bitcoin from 2014 to now changed a lot but still it an investment not accepted as currency in most part of the world.In my opinion the very volatile price nature of the bitcoin is the probelm being adopted not the speed of transaction at first cause.

[MonaLeeTracy]

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

We all know, of course, that the difference in the current market with the market is certainly very different. the problem is that the crypto market has now developed, and of course many people are interested. so for now we don't stop crying into crypto. the problem is the opportunity is before our eyes

[Sexie]

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

You are already catch up my friend . Bitcoin as a store of value for  a long  term investment. They also consider it as an asset as bitcoin deposited on your own  wallet.  A  kind of propertty , as being a commodity that you can go by trading. A currency that could be used  in exchange  and as a mode of payments.

[matchi2011]

If we compare crypto currency from 2014  to present will it is very well improved. Although 2018 has struggle but it is far compare 2014, i mean market recently is good enough for me. And most are used crypto as investment for the future.

The move of the cryptocurrency market has slowed down in 2019 due to the trend of investment is lost, and the investors had not interested in the cryptocurrency market. The year 2019 is not good for cryptos to increase at the price I think.

With certain small rise, it's only giving investors an idea that anytime the market can recovers, there's a less interest indeed as 2018
didn't performed well and a lots of frustrated weak holders lose their money because of lack of knowledge, it can still be a progressive
movement within this year before we see the actual bull to bounce back.

[SiDtHeBeSt]

Cryptocurrency will never replace fiat but most probably will remain as an investment thing for people and yes it somewhat changed the financial part of the world when prices peeked up and also dropped down hard. I have no idea where Bitcoin will go on the near future.

[karloscimot]

The major problem with crypto currency now is the bear market, which is part of its specifics.
Many crypto users are really lamenting now because it has affected market value so much that selling most coin now is almost a waste. And I think we just have to be patient. There is light at the end of the turned.l

we should understand that the market is falling. but we also understand the price decline is temporary, if we want to wait for sure the market will move up in accordance with the situation that occurred. price movements do move very fast, if we are good at responding then we can still get a profit.

[Pattart]

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.

You are stating that you are in the bitcoin market for a long time and are you telling that you missed out on the rally in 2017 since you said you are coming back after a few years and that means you were in a comma to miss the big rally that everyone witnessed. The market is in the same situation where you left but with a much bigger valuation and the market might rise again in a couple of years.

There isn't much difference from bitcoin, actually. the most obvious difference in terms of price. Of course you are very surprised when you see the current price reaches $4k right? even though in 2014, prices were still very low. and of course you missed the big pump last year, that's a pity, but it's okay. You can invest again and look for other opportunities

[idham29]

The price of bitcoin from 2014 to now changed a lot but still it an investment not accepted as currency in most part of the world.In my opinion the very volatile price nature of the bitcoin is the probelm being adopted not the speed of transaction at first cause.

Bitcoin has yet to be officially used as a digital currency used by the state. But many countries do not prohibit residents from using bitcoin for transactions or investments.
From this analysis it can be concluded someday when the application of bitcoin is evenly distributed, the system of financial transactions between regions and between countries is not through banking, because bitcoin uses a peer to peer system.

[pushups44]

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

I agree that not much has changed since 2014, though we are seeing the development of scaling solutions and increased institutional interest. The philosophy underlying cryptocurrencies and the price volatility are pretty much the same. I would say the same market dynamics are in place, but we are much further along in the industry's development.

[valentin68]

Bitcoin can and will change the world to a better world. It has this special power. Bitcoin was invented to give a second chance to the real banks in this world, to give a second chance to the daily prices that go up. I went today to buy food, I spent in Romanian Lei approx. 10 dollars for nothing (two slices of bread, a beer, two 100 grams packs of food, approx nothing) !!!  10 years ago, I would have paid for this food 2 dollars (in Romanian Lei).

  I do not know the prices in Germany, France, UK, etc, but here in Romania (and in Eastern Europe) it is havoc (and I guess this happens also in Germany, France and UK). Real Havoc, with prices, with banks, with money. There is no money, food stores are asking prices that go to the sky, people are poor, especially in the Eastern Europe, and Russia. Without money there is no industrial production, there is no food, there is no economy.

Bitcoin was invented especially to give people money, the money that they do not have. I repeat, I do not know the prices in the Western Europe and US (for food, etc), but where I live it is simply havoc.

I am a physicist engineer, I am 50 years old, I worked every day (since I was 4 years old, 4 - 10 hours every day) and now at 50 years old, I live in a cracked apartment (from a big quake that happened 42 years ago in Romania) and I earn approx 400 dollars/month. The food prices go up every day.

I pray to God that that the bitcoin price increase (go up, appreciate its value) as this happened many times since 2008. They say (forecasts) that the price of bitcoin will start to increase (to go up) in October- December 2019 (this year) and it will go as high as 600 000 (dollars)- 1 000 000 (1 million dollars) in 2023-2024.




 I

[anggi]

A few hours ago, the bitcoin fell a bit, without volume, may now seek new prices at higher levels, it is a good time to test the offer, since at lower levels of prices there are not many sales.

actually, until now, I have only seen the stability of bitcoin in the last 2 months. it shows the same development. in different months, the price of bitcoin reaches $ 4k. it might repeat this month and I hope the price can be stable. well, so far there has been no major development.

[proTECH77]

A few hours ago, the bitcoin fell a bit, without volume, may now seek new prices at higher levels, it is a good time to test the offer, since at lower levels of prices there are not many sales.

The rise and fall of Bitcoin solely lies on the Hold and sales, also from the news feeds which heavily contributed to it downfall last year till now. As far i could see, nothing has changed either but moving forward. Bitcoin may not be moving fast like we want but certainly its moving in my opinion.

[Fredomago]

Cryptocurrency will never replace fiat but most probably will remain as an investment thing for people and yes it somewhat changed the financial part of the world when prices peeked up and also dropped down hard. I have no idea where Bitcoin will go on the near future.

The glimpse of what is happening right now will be judged after the success of bitcoin adoptions, though there's still a big argument replacing fiat, but working along with the current system will  improved the chance that it will be on its way for more successful future, we have to keep in mind that it's still have a long journey before it will be concluded.

[OlympianBitcoin]

No one expected it when bitcoin begun its sudden run to 20k (well, almost no one, and the mainstream laughed at it). Whatever happens next... it'll be the same result. Everyone surprised and huge FOMO in case of a bigger ride. Hopefully it doesn't mean another ICO insanity - let's just hope the market is mature enough

[Faxmate]

A few hours ago, the bitcoin fell a bit, without volume, may now seek new prices at higher levels, it is a good time to test the offer, since at lower levels of prices there are not many sales.

The rise and fall of Bitcoin solely lies on the Hold and sales, also from the news feeds which heavily contributed to it downfall last year till now. As far i could see, nothing has changed either but moving forward. Bitcoin may not be moving fast like we want but certainly its moving in my opinion.

It should be enough for us, if it is moving then it will be high very soon but w will have to wait, I know there are many people who were expecting high pump in march and April 2019 but it is a little slow I think instead of being worry or discouraged people should invest more at low price and hold until it recover fully extent.

[boyptc]

There is no problem about the speed of transaction or the confirmation period whenever you send bitcoin to anyone.

It depends on how much your fee does.