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Re: [AIRDROP][ICO] Cyber Movie Chain (CMCT) Airdrop Round 2 live -
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The value of Bitcoin is rising again, can we expect a significant jump in Bitcoin value by the end of the year?
Certainly, the value of bitcoin in the market again is still growing, thus it is better to invest today. However, it doesn`t mean it will continue again since there are still risk in the market. But the considerations that we have was just all about - the increased bitcoin; we must foresee the future of it to avoid unexpected loss. However, there are many experts in this community that would really provide help in the market. But as could I see, the market today is strong - given by the hypes in the different news; thus, increased the demand for an investment in crypto.
https://motherboard.vice.com/en_us/article/7xmvbq/bitcoin-energy-science-world-electricity-demand
Now Motherboard is not the best source for news, but let's consider the implications of this...
Consuming immense amounts of energy is actually somewhat counterproductive if we consider the vision of Bitcoin giving us tools for independence. And it's somewhat unethical because we should not be using more than we need on this earth.
However, we don't really know how much energy it is consuming at this stage, so this could just be another reporter trying to find a story.
Now Motherboard is not the best source for news, but let's consider the implications of this...
Consuming immense amounts of energy is actually somewhat counterproductive if we consider the vision of Bitcoin giving us tools for independence. And it's somewhat unethical because we should not be using more than we need on this earth.
However, we don't really know how much energy it is consuming at this stage, so this could just be another reporter trying to find a story.
Speaking about energy, yes indeed, it really takes a lot. Thus, it is not only the ability of an individual has been tested but rather his attitude, moral and also his patients. When we come up with such thought, one reason that we should also have to consider - is the energy of our mind. This would indicate the difficulties of our mind to analyze the market on when to invest and when will be necessary for us to make such a move - buy and sell - in the market,
seen from the history of btc prices per year, it always rises significantly. will 2019 btc prices rise like the year before? investors have been waiting for this moment for investment. From 2009 to 2013 the Bitcoin exchange rate reached 12,000 times the increase, which is up to the price of $ 1,200 / 1 BTC (around Rp. 15.8 million / 1 BTC). Then in the third quarter of 2017, the price of Bitcoin came to an all-time high of $ 6.194 / 1 BTC (Rp. 81.7 million / 1 BTC). If we look at the total increase from 2009 to 2017 (within 8 years), the price of Bitcoin has risen by 61,940 times / 6,194,000%, a truly fantastic growth
Again it is difficult to analyze the market since we didn`t know what would be the changes for the next one to three years. And even on the continuous increased of the price of the btc, still we wouldn`t be able to identify the future. However, we are all entitled to our own way of self-evaluation and opinion based on what would happen in the financial market. Thus, if we all create the impression that btc will show its market next year then most probably - many people would take such advantage. And as a result, market pump - price will again bit to ground and wait again to bull the market. It's a cycle perhaps... But, even it could be predicted still things would not be the same today and to the future.
I am wondering if there's a huge probability of bitcoin investing will become a company's focus. Like making a company that specializes investing of bitcoins
Any thoughts?
Any thoughts?
Since the market is very unpredictable, it would be difficult to operate a business focusing on investing only with bitcoin. The promising market of bitcoin could not be questioned; however, since the market and the bitcoin itself are very volatile then perhaps the meaning of investing and making a business would take the way to a loss. The matter of investing is perhaps the bottom line for holding and not as trading.
Another thing, if we consider a business to invest in bitcoin as a means of trading days, the market could be predicted; but sometimes we commit mistakes which obviously led to losing again. We would not sustain our business if we would continually be incurred loss. And, perhaps, leave bitcoin trading and focus on much more anticipating business.
So with blockchain technology growing and adoption coming quickly, we are obviously going to see large industries like healthcare, banking, and law enforcement begin to utilize the strengths of blockchain.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
Of course, the other coins will help the technology and much more development on the success of this community. However, it must not only focus on the ability of the business to grow in the financial market but to grow on the people. If blockchain will develop a technology about a health-related solution that might really be beneficial. Thus, the matter of blockchain towards medical attention as a project would really be difficult to realize since there are not yet feasibility studies regarding the projects related to health and its implication for profitability.
I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
Well, you are really observing the market, and this question could possibly be answered with your own. Thus, I would prefer holding my btc in the market. We didn`t anticipate the future, even perhaps - it is low, but we cannot identify the market; thus, the safest is to hodl our coins. Apparently, I am making the best possible on my trying to find better information on my own which hold pace towards what should I do with my coins. And to exit in the market would really be a bad decision since we never know really the future, why not hodling today. Thus, it is better to wait for something we have than waiting on nothing.
hello guy!
I find that near people are always worried and afraid of the future of crypto, when we invest in the crypto market, we also know the market will fluctuate up and down and its risk, I think it is Often, most of us are going to HODL and buy more when they think it's touching bottom, there are some people selling them, I think that's the decision of you and no what wrong. WHY EVERYONE DOES NOT PATIENT AND BELIEVE IN YOURSELF IN YOUR DECISION? This is what is happening now because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic and wait for the green boom to return.
I find that near people are always worried and afraid of the future of crypto, when we invest in the crypto market, we also know the market will fluctuate up and down and its risk, I think it is Often, most of us are going to HODL and buy more when they think it's touching bottom, there are some people selling them, I think that's the decision of you and no what wrong. WHY EVERYONE DOES NOT PATIENT AND BELIEVE IN YOURSELF IN YOUR DECISION? This is what is happening now because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic and wait for the green boom to return.
Crypto in the present market is quite fluctuating and unpredictable (especially in different exchanges). Amid with such present condition, there lies the future ahead of us that might really provide significant changes in sooner in the financial history - not to speak other potential cryptos aside from btc.
In the context of the present market, it is the time for us to join groups that may help and provide alerts and help on the trends in the market. Thus, it is also the time for us to invest while the market is still in its bearish.
Crypto is dangerous for the newbies because they might be the problem of the the future market. However, even if it will add to the value of the crypto investors in the market, still, it would be a useless if they will not be able to follow the purpose and scope of the market.
However, investing has no problem, the only question is about how are we going to make our investment for good. Thus, if the market will recover soon, the better investment would be this day. Actually, the risk is the cause of problem; such that it will make as sad, anger, stressful or even anxiety - thus the danger would be physical and emotion aspect. But it is not that considerable enough, since if we consider, market today is growing after its aftermath - bearish market.
However, investing has no problem, the only question is about how are we going to make our investment for good. Thus, if the market will recover soon, the better investment would be this day. Actually, the risk is the cause of problem; such that it will make as sad, anger, stressful or even anxiety - thus the danger would be physical and emotion aspect. But it is not that considerable enough, since if we consider, market today is growing after its aftermath - bearish market.
I think it is wrong to call bitcoin a "private" currency.
On the contrary, imo bitcoin is much more of a public currency that any national currency is.
Well, I am in contradict. When we talk about bitcoin - much to say that it is "private" currency. Take a look, you may have the reason to think that it is a national currency because everyone could own it; however, if we would have tried to look, the only reason that makes the assumption false would be the basis on of who are the owners of bitcoin. Most probably, the one who can hold is the one who is also an investor of bitcoin. If we used logic, all people could be an investor, but not all people can win investment. Some people can be an investor; thus making him a private holder and as such used bitcoin for private - as in a private currency. Not all can be used bitcoin in a national currency such as it can be controlled by a government agency.
What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
Let us consider your points.
Mainly, if we would be taxed on our bitcoin investment then most probably the government find ways on them to make their regulations and made it as a legal currency. In contrast, many investors would have to make a secure standing and viewpoint for bitcoin and other cryptos. But, it is hard and very difficult to realize, given the situation and assumption to convince people out of investing in it. The very reason for this is the nature itself; since bitcoin is a decentralized currency then it no one could possibly control it. It is also hard to monitor and if the government would want to regulate its transaction and flow in the market - then "good luck" to the government.
Re: is it true that bitcoin is a disaster for local banks
I heard the news, that banks are afraid of bitcoin and can replace banks, because the excess of bitcoin is much compared to local banks
Banks are never into this kind of transaction because they see bitcoin as volatile in the market and it takes enough time to consider its potential just like what happened when it increased its price enormously. People are waiting for the next wave; however for the bank - still the threat of making this activity be influenced and manifested. Banks will never intervene the market of crypto because it would give them negative impact on their business activity.
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
Do you guys think that this can change in the long term ?
Bitcoin was used by people as a means of ease in earning income and for better used - the technological innovation that might change the whole world. Thus, the challenge is much bigger than the present. The past defines the future and the great challenge lies on the future. Bitcoin is the technology that do not possess the tangibility and every investors - made investment because they can see it, they can make through it. The point of bitcoin is its decentralization and intangibilty and the trust of people in it as an investment. If in the future, this thought would be its weakness then it would turn out to be unsuccessful and in would greatly create negative situation not on the market of bitcoin but by the bitcoin and crypto itself...
In effect, small investors were dumping their investments with no profit but a loss; leaving bitcoin a decrease in its price which will affect the future ability of the currency. But it is the future of the exchanges and even if that happened to the marketl; it will still be the market of decentralization and it really is the best and secure way of exchanges. It is the point that every one of us is trying to make the best and the towards our own improvements and the development of technology enhance the future by this exchanges using computerized and advance technology. Thus, it will still be the future of exchange even if the market today is at its bearish.
I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/
The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.
With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?
I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.
The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.
With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?
I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.
However, getting into profit is the job on demand. Everyone wants to have something in return; it may be for a long term or short term influence in the market. Thus, even if the purpose is to revolutionize, profit will still be the necessity for cryptocurrency`s purpose. Each of the time we suppose to find ways on how are we going to make it good, so long as people assessed their performance based on the profit they take - still the changes you pointed out as the real purpose of crypto may never be as you defined it was.
But indeed, the point of using alternative currencies into something beneficial to the community is the real purpose of cryptos and its future used. So we must declare the purpose as for "INNOVATION".
Re: Who will benefit the most from bitcoin/cryptocurrency?
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
The one who will be able to benefit from cryptocurrency and other alternative coins will be the people of this generation. The people that will be able to make up the future of crypto technology and the society of modern investment. People of future tend to adopt the new style of investment and the future of blockchain while contributing to the total help and overall growth of community...Crypto is the future and it really provide the benefits to the people using, investing, and making up this technology.
All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.
Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.
Let's continue then our path towards inevitable triumph.
Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.
Let's continue then our path towards inevitable triumph.
Indeed bitcoin will continue to grow and yes it will get to its 100k next to 5 and 10 years from now. Thus, this time is the better time for us to buy and even join the short force investors in exchange for trading. In holding for long-term investment, it is also important to provide future investment - of course, if you can provide a sum of amount. Definitely, it is the facts that bitcoin provides in the future...
My suggestion to everyone would be to be calmed, don't be greedy, have a patience in everything. Success will definitely touch your feet, never ever quit. Bitcoin's price is always volatile, as we see it's dump price and the market is red, never lose hope.
Always remember this one " He who quits does not succeed, he who succeeds does not quit".
Always remember this one " He who quits does not succeed, he who succeeds does not quit".
One of the best ways to be successful in bitcoin is to invest and invest... Never be greedy and wait for the opportunity. While the opportunity is there, grab it and do not let it be for anything. We should sure to our self that we believe what we into. Such that we believe what is our investment and how it will give us the benefits. Do not be too confident, you must also make your proper research before any moves in the market. Further, be wise and be positive about your own investment and reason of working it. Lastly, invest in trading and exchanges, while maintaining for long-term investment - help the community while working on short-term...
when we see the situation of bitcoin prices that are constantly falling, what can you do? is it only enough to read articles about information only. ask for instructions and suggestions. Thank you for the time.
regards
indoagung
regards
indoagung
What is enough is enough...
Thus, the manner of investing depends on how we accumulate learnings and used it in the manner that it will give us the power to attain better decision in trying to get profit. When we discuss the focus of bitcoin for long-term investment, I personally suggested that it would really be better for us. However, hodling bitcoin hurts the market because everyone do not give influence on the price. Further, the one who suffered first the intense of the loss would be the long-term investors.
It is important and beneficial for us to invest in a short-term investment because it may provide help in the market at the same time helping the market attain its objective (an increased price).