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Showing 20 of 281 results by Mbokani
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Topic
Board Speculation
Re: Ideas on value in 2018
by
Mbokani
on 30/12/2017, 21:52:26 UTC
Jan : above $15k
Mid of 2018 : above $20k
By end of 2018 : Over $30k
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By end of 2019 : Price might sit over $100k (most waited ATH price)

This could be considered as my high expection for bitcoin and I also know some pull backs and correction is possible in anytime between. However I am always bullish with bitcoin....
It is a really good prediction,but i wonder what will be the transaction charges after reaching $100k  Cheesy no one will be having any plans to move their coins,it will  be used solely for trading within the exchanges and that might cause issues,so i do not see those price valuations until the issues with transaction charges are sorted.
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Topic
Board Economics
Re: Crypto is an Asset or Currency?
by
Mbokani
on 30/12/2017, 21:33:11 UTC
Crypto is both an asset and also as a currency. But basically crypto is created as a digital currency, but slowly crypto becomes an asset where everyone buys and stores it for greater profit.
Bitcoin is created as a digital asset and a currency but it cannot be used as a currency for smaller transactions now,i am not certain about the thousand other coins in the market,you can call it as a currency,basically why everyone is investing in those in my opinion is to convert them back to bitcoin when the price is right.If you look at the daily trading volume you cannot say that people are purchasing and holding their coins.
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Topic
Board Altcoin Discussion
Re: can xrp overtake btc in CMC
by
Mbokani
on 30/12/2017, 21:04:36 UTC
ripple is now at 100B do you think it can overtake bitcoin once Coinbase lists xrp?
I really cannot understand why the price is rising for a coin that has unlimited number of coins,does coinbase listing make a difference in the price,i do not think so,if so we would have seen some price rise when they listed litecoin, it did not move at all during that phase ,i know that because i was following the market carefully during that time and that is the case with xrp listing too.
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Topic
Board Altcoin Discussion
Re: SEGWIT2X & BITCOIN GOD STILL NOT IN BINANCE
by
Mbokani
on 30/12/2017, 18:08:59 UTC
This is not the original segwit2x plan,this fork is done by entirely new team from what i heard ,so do not expect this to be on every exchange,their plan is entirely different from what segwit 2x was supposed to be,this is a team who took advantage of that proposal and made their mark among the general users.
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Topic
Board Economics
Re: Do you think the Xmas and Holiday season, caused the drop in the price?
by
Mbokani
on 30/12/2017, 14:26:25 UTC
Well .. year-end holidays should be a fun time for everyone. But not for miners or Bitcoin investors. Because bitcoin prices fell quite hard, which is about 40% (more or less) in the middle of last week. although, in the second week of December 2017 Bitcoin has touched its highest level.
No reason to complain there: most miners or Bitcoin investors acquired their BTC from 2009 to November 2017 (look at market cap) and are very happy with a BTC/$ rate at least doubled.
Usually the price of bitcoin fall during the holiday season and this year it is no exception,we might see some growth next year but i do not expect the same level of price rise we saw in 2017,because the rise was immense and no one expected that,but huge investments from wall street and other heavy investors made this growth possible.
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Topic
Board Bitcoin Discussion
Re: Is It advisable to quit my present job for bitcoin?
by
Mbokani
on 30/12/2017, 13:34:00 UTC
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
Trading cannot be considered as a job that can assure you a monthly revenue,for that you need a regular job,so if you quit your job for bitcoin or any form of trading is a risky action,you wont end up on a profit all the time,the risks are higher ,you will be forced to make a decision which will force you to sell earlier without much profit.
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Topic
Board Bitcoin Discussion
Re: Can bitcoin be more profitable in the upcoming years?
by
Mbokani
on 28/12/2017, 23:09:34 UTC
People are saying that bitcoin will be growing and break new ATH every year - and so far it is all true.
But have you wondered if there is a limit for that? Nothing can gain value indefinitely. The prime motor for price gain is is a supply and demand law.
What will happen when Bitcoin will be so expensive so people will refuse to pay more for it because they simply would think it is not worth it?
The above statement is true about breaking the new all time high every year because it is a new investment platform and people are hearing about it recently and in the initial phase only nerds use to play with it but now big time investors are getting involved with it and so is the reason we are seeing these sort of spikes in the price.
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Topic
Board Bitcoin Discussion
Re: How to Make Money in Crypto
by
Mbokani
on 28/12/2017, 22:05:50 UTC
Hey. I'm also a beginner, but that's what I made for myself. You can just buy Bitcoin or another crypto currency and wait until it grows in price. You can invest in interesting companies that have potential on your vzgyad. Or participate in the Bounty. But to invest in interesting projects in my opinion is the most correct decision.
Investing in good projects is the best way to make money now a days,the price of bitcoin has gone out of reach of the common man to make any substantial profit,participating in bounty and air drops are other options ,checking out the projects and investing at the right time is always the best way to make money.
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Topic
Board Trading Discussion
Re: Better investement right now, bitcoins or Altcoins.
by
Mbokani
on 28/12/2017, 20:40:43 UTC
Bitcoin is always better than altcoins, in my opinion. Its having higher price and more stability, despite its price volatility (which is common with altcoins too). But you can invest some of your capital in the highly traded altcoins
With the price of bitcoin so high,it is not the best form of investment if you are looking for a good profit,there are coins with low valuation and good projects which can give you a higher yield than bitcoin,so make sure you find a better alt coin or project and invest in it rather than in bitcoin and that is my opinion.
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Topic
Board Economics
Re: Still Buying Bitcoin at $10K?
by
Mbokani
on 28/12/2017, 10:09:26 UTC
It seems that sooner or later we are going to be touching ten thousand dollars again, came on guys, i dont know why the price is going down so fast, maybe i am in little fear situation at the moment, i dont know what is happening
Do you think that we will see a good correction now,if you are talking about touching ten thousand dollars means we have to see another big correction from this price as it is well above ten thousand only a huge sell off will bring the price down ,i would like to invest only a few dollars in bitcoin at this price ,i would rather invest in other good projects than in bitcoin.
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Topic
Board Economics
Re: Bitcoin Will Change Everything
by
Mbokani
on 28/12/2017, 09:21:16 UTC
Yes we need government and bank support ,we also need more investors to strengthen the price and also more perfect altcoin so that we can choose the best among good not arbitrary altcoin only a few years strong
Bitcoin is not meant to be decentralized and we do not need any support from any government or government organization as well as from any bankers ,but for companies dealing with bitcoin they need the help of bankers to do the business smoothly,other than that we do not need any sort of support from any other source.
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Topic
Board Economics
Re: Is Bitcoin the next big thing?
by
Mbokani
on 28/12/2017, 08:14:25 UTC
For now bitcoin is really a big thing and i guess this can be bigger after a year, many rich people invest their money to get huge profit but of course its not about always on profit ,you need to face that fact that if you invest on bitcoin there is also a chance that you can also lose your money.
The price of bitcoin is so high that the risk involved in investing now is really huge as the possibility of a crash could scare any small time investors ,one thing is certain,the price wont go higher all the time,there will be a time when there is a correction,make sure you ride the market and book your profits in time and play safe.
Post
Topic
Board Economics
Re: When to buy and sell bitcoin
by
Mbokani
on 28/12/2017, 07:18:10 UTC
Well if I have my own good display of trend of bitcoin like ng the trading sites then I could easily know when to buy and sell. Visual representation of trend could easily hype me to do buy/sell. I buy once it goes down a bit then sells high once it reaches the price of bitcoin I want to sell.
What do you mean by ng,is there a site who gives some detailed charts or something like that,what i do is to follow the market and i am not investing in bitcoin anytime soon,i am just looking at alt coin market and scouting for good tokens to invest so that i will convert them to bitcoin at a later time.
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Topic
Board Speculation
Re: When will Bitcoin stop its correction?
by
Mbokani
on 27/12/2017, 07:20:10 UTC
The golden opportunity is over but I would be surprised if there are not more good opportunities. Bitcoin right now is around 16k and it won't be a smooth ride on the way back up to the previous ATH just below 20k. If bitcoin drops to 14k or so again it's a good buying opportunity.
The opportunity to make a lot of money with bitcoin is over as the price has risen a lot,now we have to check and look for opportunity in the alt coin market to make a fortune ,but if you have the capacity to hold bitcoin get in and hold for a long time,who knows what the price would be five to ten years from now.
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Topic
Board Economics
Re: Becoming wealthy and social responsibility
by
Mbokani
on 26/12/2017, 23:46:29 UTC
It is a good laugh to see everyone talking about charity as if everyone is compelled into doing it,it is your own choice on what you do with your money and investment,if you look at the entire economics they are not so charitable and never expect anyone to be socially responsible in guiding others,a forum is not the path to wealth. Tongue
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Topic
Board Economics
Re: Is Bitcoin a Bubble?
by
Mbokani
on 25/12/2017, 23:13:58 UTC
Some Banks are saying that bitcoin will drop to 1000 dollars. Do you believe thats possible?
There are rumors that the world economy will collapse for some time,what is the position about it ,does any bank give a clear information about that,which banks are you talking about,there are people speculating about the bubble and if that bubble bursts it could come down,but i do not see that kind of burst happening.
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Topic
Board Altcoin Discussion
Re: Bitcoin Vs Bitcoin Cash
by
Mbokani
on 14/12/2017, 20:49:28 UTC
Of course nothing compares to bitcoin in the cryptocurrency world and so no matter how many ti mes they are  going to fork and release  a coin it will still walk in the shadows of bitcoin and will never be bitcoin.
For now you cannot compare anything with bitcoin when it comes to price as well as market adaptation but there will be a time when the network is throttled and the transactions fees are too high to send for an average joe if they are not implementing lightening network or any meaningful update to counter the problems.
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Topic
Board Economics
Re: The legalization of bitcoin.
by
Mbokani
on 31/10/2017, 22:08:55 UTC
If bitcoin being legalized it means that they control bitcoin so it will affect bitcoin paradigm as decentralized currency.
There is pros and cons for legalization but overall it's also keep bitcoin popularity getting increase
No one could control the bitcoin network but any government could control the flow of money going out of their country and that is how these legalization works too,they monitor the flow of money to bitcoin by controlling or keep a tab at the exchanges running in that particular country and taxing the users on the process.
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY 2.0][ICO] Spectiv: VIRTUAL REALITY STREAMING + DECENTRALIZED ADVERTISING
by
Mbokani
on 31/10/2017, 21:22:34 UTC
OMG! Am I too late to participate here dev? I've waited for months to join here.
They just restarted the campaign a couple of weeks back and just now noticed that they have restarted the campaign and even i was waiting for them to return as i did not even participate in any other campaign during these time and since the ICO period is till December ,there is plenty of time to join the campaign.
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
Mbokani
on 24/10/2017, 16:10:08 UTC
It is really hard to predict these sort of things as it is not in our hands whether a billion people will be start to use bitcoin or any form of crypto currency within five years time frame,we will see more users and investors coming into bitcoin within that time frame,there is no doubt regarding that. .