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Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
It's ridiculous to read such opinions, people simply do not understand what they are talking about. Bitcoin is a new stage of financial development that will take its place in history.
Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? 
Where is the evidence of this news, maybe it's just a manipulation, but do you believe in all the news that you read? Many have already been banned, and then allowed and again banned))
This year the price of bitcoin has dropped for a long time
don't know how long bitcoin will be like this.
don't know how long bitcoin will be like this.
well the drop stopped about 1.5 months ago so you already know how long it was like that!
what you can't know is whether the drops would start again and if price goes any lower. and that is where speculation comes in. my guess is that there is no reason for price to drop anymore and even if it does, it won't go any lower than previous low we had in June.
Unfortunately the price of bitcoin went even lower, I think the dump will continue until October-November, then there will be a turning point, and I hope the trend will change
what do you think is the real value of ETH ?
the only usage is for ICOs and they have been dying or losing their market at the very least as they either get banned or people simply stop trusting them anymore.
as for its supply, it is huge already. we have passed 101 million ether already and there is no max amount to it either. we will see it increase indefinitely.
in my opinion the real value of it is visible on ETC so ETH should also be wort the same or at least near that price which is why $50 was my choice.
what do you think?
the only usage is for ICOs and they have been dying or losing their market at the very least as they either get banned or people simply stop trusting them anymore.
as for its supply, it is huge already. we have passed 101 million ether already and there is no max amount to it either. we will see it increase indefinitely.
in my opinion the real value of it is visible on ETC so ETH should also be wort the same or at least near that price which is why $50 was my choice.
what do you think?
But Ethreum also does not stand still and develops, the new production algorithm will affect the price, but only when the trend in the market changes.
I want know the exact reason for that
It is difficult to say the exact reason, but one of the most important is the transfer of the solution to Bitcoin ETF. Also, the lack of regulation prevents bulls from launching an offensive.
Now the mainstream currency, BTC-ETH, has the upper hand, and they have the strength and technology, but the future is likely to be a new project to replace them more mature and more comprehensive. What do you think it would be?
Judging by the growing dominance of bitcoin (52%), the change of leader will not be in the near future. The society is not yet ready to accept old coins, it's not worth while to dream about new ones, although it can turn out at Telegram.
I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?
Everything depends on the nearest events, whether the ETF will be approved, what results will be at the G20 meeting on crypto-currencies, whether large companies will accept them as payment.
How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?
Check URLs, site certificates, in case of DNS hacking, use bookmarks, MetaMask, trade only on trusted exchanges and securely store your keys.
Hello guys,
I have attended this place since May 2017,
Maybe i like many people here, i was profitable in December 2017, BUT i didn't sell because i think market will up more,
Then like everyone have seen, market has gone down for 8 months, and now i losing so much, but i still wait, i believe that market will go up and i will have profit again.
But my wife was impatient, she told with me "i think you should sold all of it".
I will don't sell anything, but I feel sad because I made her disappointed, she had hoped for me.
I have attended this place since May 2017,
Maybe i like many people here, i was profitable in December 2017, BUT i didn't sell because i think market will up more,
Then like everyone have seen, market has gone down for 8 months, and now i losing so much, but i still wait, i believe that market will go up and i will have profit again.
But my wife was impatient, she told with me "i think you should sold all of it".
I will don't sell anything, but I feel sad because I made her disappointed, she had hoped for me.
Sell now, this is a wrong decision, you should have set yourself a clear sale boundary, otherwise you will wait for the right moment all your life.
Now the mainstream currency, BTC-ETH, has the upper hand, and they have the strength and technology, but the future is likely to be a new project to replace them more mature and more comprehensive. What do you think it would be?
All will remain, Bitcoin and Ethereum will remain kings in the near future. While they do not have competitors ...
It's a bit fun reading the topics and the panic people have when bitcoin was less than $1000. I believe most of us have once said "if I could back to 2009 I would have bought bitcoins" you know the choice between red and blue pill? where the blue can take you years back with all the knowledge you have now versus to the instant million dollar pill. So I console myself, even if bitcoin is around $6000 now, that this could be cheap price still years from now..
BitcoinTalk is a good database for studying trends in the crypto currency market. It all depends on you, whether you can perceive this information and draw the right conclusions.
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
If you are going to buy bitcoin, do not trust the process of buying to anyone, better sort yourself out and buy it on your wallet.
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
This question is very simple answer. Look for information on the coin, communicate with the team, analyze the market and diversify the risks!
Great question for all you cryptocurrency believers. What is going to drive the price of bitcoin up and all the altcoins? What exactly are we waiting for? Money doesnt just come out of thin air. What exactly is the catalyst? Again the question is, what exactly are we waiting for?
At the moment we are waiting for the autumn, for this period, many important events are planned, this is the G8 meeting, and bitcoin ETF, and Starbucks. It is from these events that further development of the crypto industry depends.
While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.
My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.
What is your system?
My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.
What is your system?
Everyone has his own strategy, which comes with experience, the main thing is to be confident and cool and stick to the plan.
the current crypto market is so weak, there is no increase in the price of crypto, even the price of crypto is getting down, what should we do when the market weaken at this time?
Rule of investing - buy when the market is weak, but have the money to buy even lower.
In my opinion, NEO is a very potential project, the current price is around $ 36 has dropped quite a lot compared to previously up to more than $ 160. NEO technology is very much appreciated. The project runs on this platform and NEO also has a strong ecosystem. Should we buy NEO and keep it in the long run?
I think NEO should be one of those crypto-currencies that you need to have in your portfolio. This is the advanced Chinese crypto currency, where it is soon planned to resolve ICO.