any one know why the price of bitcoin coin is going down day by day,, and when i purchased bitcoin last time the price was Rs 7,00,000 NRI and right now the price is Rs 3,55,000 what can i do ?
I suggest that you hold your bitcoin and don't sell it if you can't afford to recover it in short term.
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin price now is just right that is why its correcting its course in the market. At the end of the year bitcoin price will pump again just like last year.
Post
Topic
BoardBitcoin Discussion
Re: No future for bitcoin
by
magicmeyk
on 05/04/2018, 01:41:52 UTC
You may be right but I think bitcoin will not fall because bitcoin is the foundation of cryptocurrency and I believe that changes for improvement will arise soon.
I love bitcoin because its the crypto currency and its the king of the crypto. It hasa lot of use cases. I can exchange it to any other crypto.
Why do you love Bitcoin? Why are you interested?
Its pretty obvious that bitcoin gives us the opportunity to earn money even we don't have to invest any money in it but just for joining bounty campaigns.
Post
Topic
BoardBitcoin Discussion
Re: Bitcoin is NOT DEAD
by
magicmeyk
on 02/04/2018, 10:18:49 UTC
Bitcoin will not going to die. If so, the other altcoin will likely to follow because bitcoin is their foundation on cryptocurrency.
Post
Topic
BoardBeginners & Help
Re: how to protect their BTC from robbery?
by
magicmeyk
on 02/04/2018, 09:45:59 UTC
If were you, keeping your profile low and don't brag that you have bitcoin. Buy a hard wallet and put all your coins their for safe keeping.
To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.
I agree, many of us are suffering on losses and some are holding because they are in big loss if they sell it now. I hope this will be a lesson for us that pumping the price in short period of time will cause as deficiency in our capital.
I think everyone loss money their beginning of trading life. Eventually by your experience you will get knowledge. If you buy high you have to hold the coin until price go high.It is my way, I never sell without any profit.
I have same experience that you have faced recently, but I am holding them . Because it is a good project.
You are right, mate. Its better to hold than to sell in loss but if you can recover your losses immediately why not because skilled traders do use cutting losses for they know how to recover their losses afterward.
Post
Topic
BoardSpeculation
Re: how to predict bitcoin in april
by
magicmeyk
on 27/03/2018, 12:09:21 UTC
This month of April bitcoin is still be around $8000 to $11000. I guess bitcoin will be getting hard to rise this year but I still hoping that it will come back to $16000 this year.
Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
If I had that kind of holding right now, I think I'm going to cash out the half and invest it on a business I want. And the remaining bitcoin I will just hold it for a while hoping that the will still going to pump every year.
I Confused with the Etherium price When BTC down ETH down and now the price of Bitcoin is up but the price of ETH still down. is there a reason for it? and give advice to me about Etherium. Thanks before
Well for me, I think not only ETH but most altcoins are dropping because of bitcoin. They are connected to each other because most traders/investors are converting their money through bitcoin.
But what does that decentralized technology really do To infer what the intrinsic value of bitcoin I haven't been able to do it maybe somebody else can.
Can bitcoin change our world?I want to learn from your opinion.
I think people now are seeing or feeling the change that bitcoin made. More people are getting the opportunity to change that bitcoin doing now.
Post
Topic
BoardBitcoin Discussion
Re: Bitcoin in College???
by
magicmeyk
on 25/03/2018, 08:26:49 UTC
I have a friend that is still in college mentioned to me that some teachers are giving seminars to student what is cryptocurrency. I am happy that some colleges here in my country gives time to educate their student what is bitcoin and other altcoins.
Btctalk name : magicmeyk Rank: Full Member Current post count: 291 GBYTE address : CLERRROH5ZYKWCIPP7O3NA6ABY7FPGXK Wear appropriate signature :yes Wear avatar :yes
Post
Topic
BoardAltcoin Discussion
Re: Do you truly believe in cryptocurrency
by
magicmeyk
on 20/03/2018, 09:46:53 UTC
Yes I do, if I don't believe in cryptocurrency I wouldn't be here in the first place. Crypto give me the opportunity to earn money more than my salary wages.
Post
Topic
BoardAltcoin Discussion
Re: NEO is a joke
by
magicmeyk
on 11/03/2018, 08:34:42 UTC
It your opinion on NEO but I think its fine for me. I'm not an investor but I do trade and got a profit out from NEO.
You can do both easily. Airdrop is free coins without any efforts while bounties are earned through efforts...
Exactly, but the disadvantage of bounties from airdrops are when they don't pay your effort whether the ICO is a scam or the manager took it look for himself.