Since Bitcoin was ever released, I've thought of the possibility of this. Will crimes be easily funded now due to bitcoin and it's anonymity? How do you think the authorities will combat this? Will this lead to a decline in the price of bitcoin? I've had this on my mind for a while now and I would like to hear your guys opinions.
I will not be surprised if criminals use bitcoins. But that happens will all payment systems even cash.
The journey of bitcoin from 2009 to 2017 is very interesting. Although the stories of individuals(investors) are very interesting and motivational that how they initiated and what problems they faced at earlier stages.
In 2017 the number of businesses accepting bitcoin continues to increase. Where you see the bitcoin in 2018?
I see huge growth in number of people using bitcoins. Also, it will touch $40000 by the end of this year as well.
i want some advise from the expert because im only basis on my prediction can anyone tell !
It will reach that mark for sure but how much time it will take is hard to guess. I hope it does so in next six months.
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Re: 5 countries that banned bitcoin
by
bobylevamo
on 21/02/2018, 10:10:45 UTC
In addition to the countries you added, some members are also posting here that India has banned bitcoins. As per my knowledge that is not true and Indian media did false reporting about that.
if btc can reach at the end of this month its break through.. base on this report.. that ive read.. it says about 6000usd at the start of feb.. but now the current price doubled its value then.. now the price gone up to 11,000usd as of now.. and its flactuating every single minute or hr.. now some people say that its time to invest now in btc.. heres the link of the news that ive read.. ill just qoute it.. https://www.express.co.uk/finance/city/921735/Bitcoin-price-rise-latest-cryptocurrency-almost-doubles-value
thank you so much..
We are the end of Feb now and it looks like it will not reach that mark. $12000 by the end is possible.
Taxes, like death, are inevitable. When they go up, people complain. Txn fees are a form of tax on BTC that goes to the miners. No-one wants to pay them but they have to.
I do not have much problem with transaction fees as they go to miners. But the issue of slow transactions is a headache for me.
I would like to ask you about your experience with day/swing trading vs. long term investing and also, what was more profitable for you and what are pros and cons for both ways of trading?
This question interests me since market is very volatile and it can get quite easy to exploit daily range for a quick small profit.
Thank you fellas.
These days I am doing short term investing. I am able to get decent 10% returns in a week or so.
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Re: An Unknown Individual Bought 96,000 Bitcoins When Price Was Slump
I see more and more comments about community losing patience with Bitcoin developments. One result of it was the creation of Bitcoin Cash which increased the block size of Bitcoin but it seems it is not enough. I wonder why they did not created from the beginning a block size of 100MB, 200 or maybe 300MB? Why limit themselves to 8MB? By having bigger block size wouldn't they fix the issues of speed and scalability... I learned recently (here on a different post answered) that are concerns of decentralization as a result of larger block. What if somebody could solve the concerns of decentralization in a larger block? How valuable this will be?
I think we will see more of splitting of bitcoins like bitcoin cash. This is good for investors in long run as well.
If signature campaigns have been running for years and are still running, it clearly shows that these signature campaigns are profitable for marketers to run and they do get clicks. Posts on this forum can be found on Google, and with some people having thousands and thousands of posts, it's very likely even someone browsing Google for information that somehow lands on Bitcointalk will click on a signature after getting the information they need, as one change in avatar and signature means the signature and avatar is changed on all of your posts.
They can recover the advertising costs with just few high playing costs. Especially the gambling relates websites can get monthly paying customers here. This forum is related to crypto which is emerging and this is the only reason we have such an earning opportunity for members here.
For all of the people who whines here about merit system, please take a loot at my statistic thread that i have made about QuestionAuthority's merit activity since he is a top 1 merit giver now. You can find it at https://bitcointalk.org/index.php?topic=2947171.msg30272338#msg30272338 You can read it and hope you guys can be more positive about this merit after that.
I appreciate the effort you made there. I think there is no point in arguing with the complainers, they will ultimately get the point. I will not be surprised if most of them leave.
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Re: What happens to your Bitcoin when you Die?
by
bobylevamo
on 24/01/2018, 13:16:58 UTC
You should give login details to a family member as well in case something bad happens to you.
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Re: Should bitcoin have risen a little slowly?
by
bobylevamo
on 24/01/2018, 13:10:04 UTC
The fast rise in the price is the only cause of attention and hype it has got. If the price increased slowly, no one would have noticed it.
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Re: Why bitcoin is not supported in some countries?
by
bobylevamo
on 24/01/2018, 12:56:24 UTC
I have not heard any country giving jail for Bitcoin but it may happen in future for sure.
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Re: Bitcoin gambling as investment?
by
bobylevamo
on 24/01/2018, 12:48:59 UTC
Do not take risk with so much money. Better invest the profit in a solid business.
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Re: You can buy KFC chicken by Bitcoin
by
bobylevamo
on 24/01/2018, 12:26:03 UTC
I think as the acceptance of Bitcoins keeps on increasing, we will only see the increase in price.