What do you think of the current status of Bitcoin?

[sana54210]

Current status? Well, Bitcoin have achieved a lot this year, 2019. No one was expecting Bitcoin to go this far, I wasn't expecting the increase. I thought there was going to be an increase in 2018, and unfortunately there wasn't.

I thought this year was going to be the same thing due to experts were predicting there is going to be another fall for the market, then I was surprised, in April the price started to go up again and from $3000 to $13000 before settling for the current $7000 price. And it wasn't just for Bitcoin alone, some other cryptocurrencies did really well, like Chainlink. A lot of good things happened this year, plus ripple that has been able to secure a lot of partnerships.

[romero121]

Current status? Well, Bitcoin have achieved a lot this year, 2019. No one was expecting Bitcoin to go this far, I wasn't expecting the increase. I thought there was going to be an increase in 2018, and unfortunately there wasn't.

I thought this year was going to be the same thing due to experts were predicting there is going to be another fall for the market, then I was surprised, in April the price started to go up again and from $3000 to $13000 before settling for the current $7000 price. And it wasn't just for Bitcoin alone, some other cryptocurrencies did really well, like Chainlink. A lot of good things happened this year, plus ripple that has been able to secure a lot of partnerships.

The year started with the market being very low, and all of the sudden from April onwards there is good growth. Users who bought or invested during the starting months of the year have already taken their profits out of the investment. The year is pretty good more things happening positive with the cryptocurrencies. Though there isn't big growth with altcoins it is true that there is growth in all form. This means the progress in terms of adoption and real life usage is happening in large scale which assure growth in price and marketcap.

[Danydee]

What it's sure, is that it's still very undervalued, it must be 20k-30k$ minimum !

[Aikidoka]

not much different from 2016, only the value is different, but Bitcoin has increased more, everyone has begun to believe, including the government, 2019 is the starting point for Bitcoin to go to the moon.

I don't think that bitcoin is in a bad situation at all like we've seen it in 2018, this year we saw a good potential in bitcoin when the price goes up till 13k$ again, even this current status of bitcoin is normal, I think that the actual price of bitcoin right now is the lowest for this period and we're expecting a huge increase in the next few weeks or months. I bet that bitcoin's situation will be much better in 2020.

[Asmonist]

This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.

[red4slash]

This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.

bitcoin growth at this time does have many developments and also obstacles, but with the processes that have occurred I am sure growth will continue even though there are obstacles that occur are not an obstacle for bitcoin to continue to grow

[Xxmodded]

This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.

bitcoin growth at this time does have many developments and also obstacles, but with the processes that have occurred I am sure growth will continue even though there are obstacles that occur are not an obstacle for bitcoin to continue to grow

Bitcoin have down again and today become most lower price of bitcoin last than three months, I think have tired with bitcoin price under $7k but look have chance for future become higher price, bitcoin can be raise up and down depend with how update good news for bitcoin have higher price, just take several months later to see and get bitcoin have higher price.

[Polar91]

What it's sure, is that it's still very undervalued, it must be 20k-30k$ minimum !

I feel its quite not appropriate to expect too much from bitcoin at the moment, in the first place, we could see the market is too volatile and we couldn't blame the market price because we are the one that influence its change and rate. We have the chance and power to trade, buy and sell bitcoin, and it is upon us to think of possible ways we could help bitcoin for adoption.

If we think bitcoin is undervalued, then we should consider buying bitcoin and hodling it rather than just try to earn bitcoin without really contributing to the market price of it.

[youdacapt]

Looking at the positive side, bitcoin is currently growing that some countries are now starting to recognize and studying about blockchain technology and cryptocurrency. Sooner or later, they might start working on adopting it. Though on the contrary, along side with its continuous grow, hacking and scamming is also increasing. They're creating more ways on scamming people. If more people adopts and move into crypto, bad people will also do the same.

bitcoin is now starting to appear in tv ads, football club jerseys, and even trains, even though the government is still half-hearted, but the wave of adoption from the millennium continues to move nonstop. As long as there is no role for special security from the government, the level of crypto crime will continue to vary. But whatever it is, in general many users are still comfortable with their assets without seeing anything negative.

[Cacingkemi]

This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.

bitcoin growth at this time does have many developments and also obstacles, but with the processes that have occurred I am sure growth will continue even though there are obstacles that occur are not an obstacle for bitcoin to continue to grow

Bitcoin have down again and today become most lower price of bitcoin last than three months, I think have tired with bitcoin price under $7k but look have chance for future become higher price, bitcoin can be raise up and down depend with how update good news for bitcoin have higher price, just take several months later to see and get bitcoin have higher price.

if we believe in this technology then don't worry about the current decline in the price of bitcoin, bitcoin still has a great opportunity to be able to increase its value in the future, sometimes the current market price decline is the only way for bitcoin to become more valuable in the future, because many people say a big fluctuation will occur when the market price reaches the lowest point first

[TheUltraElite]

This year bitcoin has become open to the world.

Can you give some examples as to how?

There are countries legalizing it this year.

I have been following the news and no such news came in front of the table. There would have been a huge pump in the market if that would happen. Care to share some light into this?

Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes.

Those are some FUD statements which had been debunked long time back. Just that people like to repeat things over and over again.

Speculations that bitcoin will be gone.

Funny thing is that the same people disappear when bitcoin price rises and become "dead" and comes back to "life" when prices drop again. Much like zombies.

However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters.

Steady is good but traders dont like a sideways trading or a steady market. They want movement and lack of movement makes them desperate for more risky trades.

Despite of everything, bitcoin still exist and will continue to exist.

Of course it will. It is decentralized and censorship resistant.

[rokon1234]

now bitcoin price is stable.because,now bitcoin price is around 7100$-7250$.i think it's time to buy and hold your bitcoin.i'm also now try to buy some bitcoin for future in this situation.

[fiulpro]

Hey
I have seen communities rising up against the banning of bitcoins , people actually are now more informed and they are getting the hang of it , bitcoins is very important now and even government is realizing that , it's creating jobs for people and aiding the government , it's not against them , it's with them and I think the biggest achievement is getting really accepted by the governments all around the world .
It's getting legal and attaining more heights than ever , hopefully the price will shoot up soon.

[aomakun]

now bitcoin price is stable.because,now bitcoin price is around 7100$-7250$.i think it's time to buy and hold your bitcoin.i'm also now try to buy some bitcoin for future in this situation.

Yes you are right now the price of bitcoin is stable and I think as compare the current price of bitcoin to the last year is very good because in the previous year the price of bitcoin was very low but now its price is very high and to see the current situation of bitcoin I think the future of bitcoin will be very good that's why it is the time to buy bitcoin.

the comparison between current bitcoin and last year can indeed be said that the current status is quite good because this year there are some people who get it from price movements. and for the future, let's look together with the growth of bitcoin, I hope that bitcoin can provide a lot of help to people in the world

[Blackdeath]

now bitcoin price is stable.because,now bitcoin price is around 7100$-7250$.i think it's time to buy and hold your bitcoin.i'm also now try to buy some bitcoin for future in this situation.

Yes you are right now the price of bitcoin is stable and I think as compare the current price of bitcoin to the last year is very good because in the previous year the price of bitcoin was very low but now its price is very high and to see the current situation of bitcoin I think the future of bitcoin will be very good that's why it is the time to buy bitcoin.

I don't think that bitcoin price is stable because bitcoin had already decreased it's price below $7000. Good thing that bitcoin is starting to have an improvement to it's price today because a lot of people are saying that bitcoin halving is starting, so i hope that bitcoin will increased it's price again just like last year of 2017.

[Mike Mayor]

Hey
I have seen communities rising up against the banning of bitcoins , people actually are now more informed and they are getting the hang of it , bitcoins is very important now and even government is realizing that , it's creating jobs for people and aiding the government , it's not against them , it's with them and I think the biggest achievement is getting really accepted by the governments all around the world .
It's getting legal and attaining more heights than ever , hopefully the price will shoot up soon.

Crypto doesn't need the acceptance of any power or any government that is why it is so great. It is above these things. Crypto is not against the government but it sure isn't for it. We don't need the goverment to use and appreciate crypto. Why do you feel we need government acceptance? Cr3ypto is free from all governments and no one will ever control it. That is its beauty. I want the government to have nothing to do with crypto. Let them play with their monopoly money (fiat).

[carlzec]

Bitcoin price is not stable. However, there is a very bad performance. Bitcoin cannot be interpreted solely by its price. Bitcoin symbolizes the emergence of a new philosophy. Centralized and working with many intermediaries will change your trade.

[jhontwis]

Bitcoin price began to jam. The price of $ 7000 was both a resistance and support. I think the price is stable. It gives the opportunity to prove themselves for the new subcoins. Bitcoin price may go up again after halving.

[dorisrwinans]

Current status of digital currency of bitcoins


1. What's Cryptocurrency?

Cryptocurrency is a virtual or digital currency which uses cryptography for security. It's not given by any main power, theoretically making it immune to manipulation or government interference. The very first cryptocurrency that was released was the Bitcoin.

2. What are its special characteristics?

A cryptocurrency is tough to counterfeit. It may be purchased, marketed online and remitted abroad without paying any f..

4. Are Bitcoins legally recognized in India?

Bitcoin offers aren't illegal in India but are still unregulated. The RBI would like to recognize and find out about the advancements of this particular virtual currency before regulating it. It's emphasised the demand for preparedness on the aspect of policy makers and regulators to react to these innovations and has spoken of understanding the possibility of these solutions for remodelling the company as well as service distribution models to reduc..

i thought about this

[Yamifoud]

Bitcoin price began to jam. The price of $ 7000 was both a resistance and support. I think the price is stable. It gives the opportunity to prove themselves for the new subcoins. Bitcoin price may go up again after halving.

Well, it hopes to be like that but nothing to have assurance in a volatile market. In fact, we think that 2019 is a bullish year for crypto after a tragic dump last 2018 but it wasn't like that and some of us get hopeless.

For me, I'd never expected to see another bullish year cause I know that it can't be easy and it needs strong support which is something missing in the line nowaday. It might be great if we are able to reach back to $15k next year after halving is done.