Bitcoin is an cryptocurrency that is used in transactions. Some stores now accept Bitcoin for payment. Bitcoin is growing. In the future, the general public / organization will use Bitcoin as a currency
We surely hope so. When it gets accepted and approved it'll spread much quicker.
The price of bitcoin has started a simple move and this has held on for some weeks now. Therefore, if this should keep up with the pace, getting to a new height before the year runs out is a sure thing. The ride to the moon has started.
Yeah, the main thing here is that the price of BTC is constantly rising so we can expect it to skyrocket soon. That predictions about 10-15k are very achievable.
Facebook will make some changes for sure in future and go ahead for crypto but we will need to wait for it cause this technology is still developing on some levels.
Why wait when they have enough programmers and resources to push this tech even further?
We are still higher then last year so there is no reason to cry and say that we are going down. Check the charts yearly and we are still in green zone!
It does not matter if the value is going down and it does not matter what people thing and let them with their negative perceptions because the Bitcoin is here to answer them again. The increase in rice today has also proven them that the coin has potential that is why the increase occurred. Furthermore the Bitcoin is of more strength as even its lowest price is far better and higher than rest of currencies.
BTC keeps rising by the day and the predictions about it reaching 10k by the end of the year will most likely come true. Who wants to doubt he'll doubt no matter what.
I dont know when will Facebook join BITCOIN and other cryptocurrency. but now we have best news in this 2018. last week Samsung stores in a certain country accepted BITCOIN and now we have BMW.
Those are great news and involvement of big companies like BMW, Samsung and FB can really help crypto as a whole. I hope more companies follow this trend.
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BoardEconomics
Re: Why all people moan about the price of bitcoin?
It is very natural thing for human beings to complain and moan about the price of anything, they just don't remember that the price two years ago was significantly lower than it is right now.
You hit the jackpot. That's exactly what's going on. Nobody looks at the whole picture where you can clearly see that BTC is rising every year. Long term hodlers know this things and don't pay to much attention to rumors and pump & dumps.
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BoardEconomics
Re: Why all people moan about the price of bitcoin?
actually bitcoin prices in every year have increased but many people complain it because they've seen very high bitcoin prices,and everyone expects high prices, and the nature of bitcoin itself rises and falls in price if it does not rise and profit then we will not profit.
I agree with that statement. The price of BTC has been on a rise every year from 2009 so why wouldn't rise again this year. You just need to hold it and wait if you don't know anything about crypto or if you're too busy to research.
Well i think fear shouldn't be the term here but caution. There's no progress if you're afraid but that doesn't mean that you're going get cocky. Be cautious and critical when you deal with crypto.
That's very smart. Without caution there are no good decisions. I don't like to make rash decisions because they usually end up as wrong.
they are rumors in the market that Facebook gonna buy coinbase if that happens facebook is leading the cryptocurrency market one more billion dollar industry in facebook hands
That may be a problem in the long run but for now it will make crypto more desirable and acceptable for many people. It will speed up the adoption of crypto and it would help us all.
I personally don't see it going down. It's at $7400 and it's climbing. Holding my coins and waiting.
Can't see it going down too but I don't want to stay calm right now and watch the market unless we see the support.
There's no need to worry if it goes down then so be it, we stick to the price from January down up to this month. But this month is probably the game changer for this year and the start of the bull run, there's also a good pump on the first of April.
I think that the worst thing it could happen is the price peaking at 9-10k and then dropping again to 7k. I just don't believe that prices will go below that with all of that fresh 20billion fiat, and rising, invested in crypto.
That's not worst if you will check what you said, price now was sitting around at $7,00 so what if the price goes to $9,000 or $10,000 then it drops to $7,000?
There will be a difference but just think of it that's the support until those time comes otherwise you can sell if you don't want to see it and you're worried about it.
That was the whole point of my post, I'm not worried about it because the worst thing that could happen is for BTC to come back to this level of 7k.
Why i would be scared? It is good, i bought an entire bitcoin on the last few months when it touched $6000 for the first time, so it is more than good for me, i am a long term holder
You're a smart dude. I would've done the same thing if I had some spare money.
I do not think the owner of Facebook Mark Zuckerberg plan is to buy and hold bitcoin but he will rather develop his own blockchain that may be use to run his social media platforms.
Nonetheless he'll invest in blockchain technology and BTC is a very big part of that so that means bigger adoption rate and more fiat in crypto. It's a win win for us.
I just noticed that facebook has some ads about cryptocurrency. well, I think facebook is beginning to support that development. well, there is no definite announcement, but I think slowly, facebook began to accept the development of cryptocurrency.
That can only be good for us because it'll speed up the adoption rate.
There is nothing to fear about the market or any possible economic crisis in the future. Cryptocurrencies particularly bitcoin can weather out this kind of crisis and their prices may even go up because investors that affected by the crisis may invest in bitcoin and other virtual currencies insread of stocks or foreign exchange.
Crypto will not be immune on any economic or financial crisis. All coins values will drastically reduce in case of such crisis.
Of course they will. After every crisis people start to pull out their money form the markets and the downward spiral starts. Crypto isn't immune to this.
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Re: What makes you special?
by
ershovspa
on 20/07/2018, 16:40:34 UTC
This is the most narcissistic thread in the whole forum. Nobody is special, deal with it. You are just a spec of dust in the global scale of things.
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BoardEconomics
Re: Why all people moan about the price of bitcoin?
I also do not understand why many people complain about bitcoin prices, because if they know the bitcoin price a few years back now the price is very good, maybe people who complain are people who expect an increase in bitcoin prices will be very large, or maybe they join the crypto world around year 2017 end, so they assume the current price is cheap
I just think that they don't look at the big picture and that they look at it from the perspective that it was 20k and now it's 7k so it's done for. That's backward thinking but what can you do?
I personally don't see it going down. It's at $7400 and it's climbing. Holding my coins and waiting.
Can't see it going down too but I don't want to stay calm right now and watch the market unless we see the support.
There's no need to worry if it goes down then so be it, we stick to the price from January down up to this month. But this month is probably the game changer for this year and the start of the bull run, there's also a good pump on the first of April.
I think that the worst thing it could happen is the price peaking at 9-10k and then dropping again to 7k. I just don't believe that prices will go below that with all of that fresh 20billion fiat, and rising, invested in crypto.
I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news. What is your opinion guys, Where it will stop
Bitcoin is going down today but it was just normal for the market price to drop sometimes because the volatility in the market is just normal so keep on holding your coins today to avoid losing a huge amount of investments since the market will still go back to normal.
I personally don't see it going down. It's at $7400 and it's climbing. Holding my coins and waiting.
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BoardEconomics
Re: Why all people moan about the price of bitcoin?
The forum is full of topics - When Will Bitcoin Be Back To $..., Why BTC is under $...?, Final bottom at $..., Why BTC is down again?, Bitcoin will rise again ? etc. The last two topics may appear in various forms a dozen times a day. I looked at graph price of BTC out of curiosity. I have noted to the price floor:
We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?
In December 2017, the most people said - "Why I didn't buy BTC for $500 for $1000 f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!
So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.
Guys, are you serious? Crypto world is made by us. Governments and big whales havent any tricks to rule our world. It will happen only if we do nothing.
What do you think about it?
I agree with everything except the last part. Whales do have ways to rule crypto and they're already doing it. All of the pumps and dumps were done by them.