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Author Topic: Bitcoin in a good shape?  (Read 489 times)
lepbagong
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September 07, 2020, 09:41:03 AM
 #41

what you asked about 2 years ago is the same as the date you asked, or what during those 2 years. Of course there will be different perceptions even though it can be seen that if it is a matter of price it is clearly better and more convincing. and the possibility of going up is always going to happen even though it continues to break the $ 12K several times but falls again. for me it is a natural thing because the tempo is still far away and the possibility to move up again will occur. the momentum for that is yet to be seen for bitcoin

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September 07, 2020, 11:52:29 AM
 #42

Yes bitcoin right now is a good shape I heard that bitcoin now have a high value in market.And the other supermarket,restaurants,mall etc.They receive payment thru bitcoin.Especially they offer good opportunities in you.

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September 07, 2020, 12:26:51 PM
 #43

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks

Yes because we made a new high at $12,000 this year.

This signals a good future ahead and this year we have some DeFi hypes that gives some contribution to the market to turn it into bullish mode.
I don't want to tell you that bitcoin is in bad shape because it is always in good shape if you only know how to find some opportunity on its price movement.
Bitcoin could be bullish and bearish, let's say in the last 2 years it was more bearish but there were times it pumped, so that could already give us an opportunity to sell for a good profit if we have been accumulating when the price was dumping instead of getting panic.

Investing for long term is good but not so good since we also have to take the opportunity on short term movement while we are waiting for a bigger goals in investing.

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September 07, 2020, 01:41:13 PM
 #44

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
This year Bitcoin was reached 12k $. Now. Its price 10k $. Bitcoin is volatile. 2 years is so long time in crypto world. Because crypto currency price change everyday.

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September 07, 2020, 01:44:27 PM
 #45

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
This year Bitcoin was reached 12k $. Now. Its price 10k $. Bitcoin is volatile. 2 years is so long time in crypto world. Because crypto currency price change everyday.

Bitcoin shape is not determined just by current price, it is the number of people adopting crypto currencies at the moment, increase/decrease of that number throughout years and perspective projects that are here to support faster adoption

price is volatile, but that is kind a normal to young industries, although BTC is not that young anymore

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September 07, 2020, 02:53:44 PM
 #46

the node count has reached 100k again and the number of nodes with accepting connection is nearly 11k.

there are more than 13k lightning nodes more than 2k of them are over TOR with 37k channels and total capacity of $12 million.

the hashrate just hit a new ATH which shows the growth of the mining operation while the distribution of this hashrate shows a spread of it around the world.

there are a total of nearly 400k transactions being made every day on bitcoin network transferring about $2 billion in total.

number of merchants accepting bitcoin as payment has shown a steady growth over the past 2 years with payment processors such as bitpay showing a steady growth of the number of transactions they process of about 3% per month.

bitcoin clients have been improved a lot, may of them have introduced LN wallets such as Electrum.

bitcoin development has also been hot. we got the Schnorr signatures published as a BIP a couple of months back with lots of other proposals for improving privacy of bitcoin transactions. and we are close to version 1 witness.
I do not know why you deceive yourself and others with these numbers.

Bitcoin made an average of 350 thousand transactions per day a year ago. Now it makes 350 thousand transactions per day. And in a year it will make 350 thousand transactions per day.

This is all you need to know about improving Bitcoin.  All the above figures have zero value before this fact.
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September 07, 2020, 04:12:48 PM
 #47

Yes it seems to be great right now, I remember it around year ago, it was worth anywhere around $4k and now it's around $10k but it drops slowly.
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September 07, 2020, 04:35:11 PM
 #48

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks

Oh! You missed a lot from bitcoin. 2 years of being quite in bitcoin has a lot happened because bitcoin is volatile and value of it keep on changing from time to time and from last two years bitcoins value already reached $12K dollar again. You missed it but it's not too late, invest now so that you won't regret someday when bitcoin will grow more than now.
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September 07, 2020, 04:57:10 PM
 #49

with the current market movements that have started a lot of significant changes, from the interest of people who want to invest in bitcoin and also people who are trying their luck with digital money..

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September 07, 2020, 06:06:23 PM
 #50

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
This year Bitcoin was reached 12k $. Now. Its price 10k $. Bitcoin is volatile. 2 years is so long time in crypto world. Because crypto currency price change everyday.

Bitcoin shape is not determined just by current price, it is the number of people adopting crypto currencies at the moment, increase/decrease of that number throughout years and perspective projects that are here to support faster adoption
yeah, I suppose, bitcoin in overall is in good shape looking to me just take a look at its market dominance it is above half that means bitcoin contributes above half of the crypto market. I guess the OP meant to ask if bitcoin is in good position for an investment since he asked this question while comparing to bitcoin's price 2 years ago. From the recent fall of the price of bitcoin, I must say that this is a good opportunity for an investment and long term holding.

price is volatile, but that is kind a normal to young industries, although BTC is not that young anymore
Take note of this first, asking here in forum about the price, when to enter, when to exit is very uncertain though people here like me is kinda old to this scene we are still not sure of where the price is heading next.

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September 07, 2020, 06:38:08 PM
 #51

     Lol. You clearly didn't check after you checked before. Haha. Seriously though, overall, I think the whole industry is in a good shape as of the moment and not just bitcoin. But if you ask me, I really do prefer the prices last 2 years ago. Nit that I don't like the good status of bitcoin today, it's just that it was quite fun playing with shit coins at those times and was a really good time to stash as much bitcoins as you can for upcoming price spikes.

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September 07, 2020, 07:42:02 PM
 #52

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks

Two years ago  Shocked Dude I do not know how you managed to remain ignorant of all that's happened in the last 2 years because a lot of crazy stuff happened. In any case, BTC compared to 2 years ago is now in somewhat a better place. I say this because of the many projects that have span off since then and the new birth of DeFI.

Nonetheless, right now there might be signs of uncertainty in the market where the crypto market is undergoing another price correction and because of this there' s some uncertainty about its immediate future.  Though, this is part of the normal transition - at least that's what most hope...





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September 07, 2020, 07:53:15 PM
 #53

Its currently on a correction market though its not as bad as it can be, since in market its all green from the alts while bitcoin is somehow struggling to maintain its 5 digit value and then there's the holiday season which always directly affects bitcoin regardless of the situation. In conclusion bitcoin would be at a good shape until mid December but I don't see it falling off too low.

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September 07, 2020, 11:51:23 PM
 #54

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks

That was really pretty too long since you have been gone checking the shape and behavior of Bitcoin. At the span of 2 years Bitcoin have undergone many ups and downs and faced many struggles that challenged the people to continuously believe on the capacity and capability of Bitcoin to regain from the loss it have suffered on the past years of its existence.

Good thing that even you were gone for 2 years, Bitcoin still remain on the top most and still the reigning crypto currency of all times. There just really times that it was being tested due to correction and other related issues that affects it price but so far and so good, Bitcoin is still doing so well. Better not to miss out other information now that you are back for you might be missing more opportunities in the near future if you would be gone once again. Better now to let yourself be updated on the latest news and happenings regarding the development happening in the crypto world so you can get along with the opportunities that may come on hand.





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September 08, 2020, 12:44:57 AM
 #55

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
What will happen if we answer your question?are you investing if it is in Good shape?if not then whats the purpose?and you should have not come back
 because of curiosity in prices because we need Investors and supporters and now added Fud.

You are not here for 2 years because the Hype is over and you leave the market since there is no profiteering?meaning that you only entering here just to make a quick bucks.
Its currently on a correction market though its not as bad as it can be, since in market its all green from the alts while bitcoin is somehow struggling to maintain its 5 digit value and then there's the holiday season which always directly affects bitcoin regardless of the situation. In conclusion bitcoin would be at a good shape until mid December but I don't see it falling off too low.
Correction that took more than 3 days?
and the price is going up and down in short period of time,i believe that there are some whales that making this movement to gather income.

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September 08, 2020, 02:14:04 AM
 #56

I had been pretty down on bitcoin and the cryptocurrency ecosphere. I just didn't think that there was much advancement gong on with bitcoin, I wasn't seeing enough merchants accepting cryptocurrency and it just seemed like there wasn't much "hoopla" for bitcoin going on like there used to be.  However of late I've seen a pickup in all these areas.  Bitcoin/cryptocurrency has been in the news a lot more often, I've seen a spike in ATMs being put up and companies such as Walgreens/CVS etc that have changed ATM systems so that they new ones have Bitcoin options.  More merchants seem to be accepting it.  With worries over the value of the dollar it's become a much more prevalent hedge asset, etc.

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September 08, 2020, 03:15:11 AM
 #57

Bitcoin is going down again
https://coinmarketcap.com/currencies/bitcoin/

Probably will go under 10k$

It did went below 10k again but the support is strong above 10k price. So I assume it will be a good week and coming weeks since bitcoin show that the market is really claiming for another bull run season. Wish it could be true.

Correction that took more than 3 days?
and the price is going up and down in short period of time,i believe that there are some whales that making this movement to gather income.

Thats normal, correction doesnt end up on one day affair. The thing happened is normal and this is really a good rally pulling either we go on bear or bull situation. Whales normally tricking the market especially if they are using leverage trading.





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September 08, 2020, 03:40:33 AM
 #58

Bitcoin development is not too different after its highest price in 2017,
instead, what is developing very far is the cryptocurrency ecosystem, very quickly the market trends change, such as IEOs and now DeFi,

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0nline
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September 08, 2020, 04:26:10 AM
 #59

Bitcoin is in a great shape. Better than ever!
ibuddy122505
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September 08, 2020, 04:02:52 PM
 #60

Bitcoin price is good, yeah it has dropped but it's a good thing to buy now and save for later, I believe market will improve by a LOT from next year.
Good part is BTC over 10k once more. Digital money getting more mainstream, and this thing will benefit the market. Everyday new people and investors are entering the market. You and I can hopeful of a better market value for bitcoin.

JACS|JUST ANOTHER
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STACK
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