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The future of Crypto
Member Since Feb 22, 2011
4862 posts
Aug 18, 2020 at 07:04
Member Since Feb 22, 2011
4862 posts
So BTC finally broke the resistances at 10500 and 12000
What do you think is next level?
What do you think is next level?
Member Since Jul 19, 2020
34 posts
Member Since Feb 22, 2011
4862 posts
Aug 24, 2020 at 12:30
Member Since Feb 22, 2011
4862 posts
SO BTCUSD struggle to overcome 11,800
Once it will bull run through the long expected ATH will be reached soon
Once it will bull run through the long expected ATH will be reached soon
Member Since Jul 23, 2020
869 posts
Sep 04, 2020 at 17:48
Member Since Jul 23, 2020
869 posts
togr posted:I think Bitcoin halving effect severely to miner. Many BTC miner already switching to other altcoin.
The problem with BTC vs. fiat price drops is not the investors losing money.
Good trader makes money shorting the asset as well.
The real issue lies with miners.
The level where BTC mining brings profit is around $6,000.
If the price stands below that level for long time, a lot of miners will be OOB.
The exception: Chinese mining companies are still profitable around $1500-$2000.
So problem solved?
No. The problem is blockchain is independent only when none is able to control more than 50% of miners.
And that could happen in China.
Your thoughts?
Member Since Apr 10, 2020
10 posts
Sep 24, 2020 at 09:10
Member Since Apr 10, 2020
10 posts
togr posted:I agree with you
The problem with BTC vs. fiat price drops is not the investors losing money.
Good trader makes money shorting the asset as well.
The real issue lies with miners.
The level where BTC mining brings profit is around $6,000.
If the price stands below that level for long time, a lot of miners will be OOB.
The exception: Chinese mining companies are still profitable around $1500-$2000.
So problem solved?
No. The problem is blockchain is independent only when none is able to control more than 50% of miners.
And that could happen in China.
Your thoughts?
Member Since Feb 25, 2020
95 posts
Sep 25, 2020 at 09:31
Member Since Feb 25, 2020
95 posts
Good day to all.
In my opinion, Bitcoin has huge profit potential, it dominates other cryptocurrencies and sets the market movement.
Unfortunately, until bitcoin becomes an instrument of official monetary circulation, it will remain highly speculative.
In my opinion, Bitcoin has huge profit potential, it dominates other cryptocurrencies and sets the market movement.
Unfortunately, until bitcoin becomes an instrument of official monetary circulation, it will remain highly speculative.
Member Since Jul 23, 2020
759 posts
Oct 05, 2020 at 10:12
Member Since Jan 10, 2020
37 posts
SofieAndreasen posted:ZzzzzzzZ posted:Beside trading, I think crypto especially bitcoin will rule in future in term of world payment system.
Ima think crypto becomin' too popular fo tradin'. So it can't just blow.
Well I really like bitcoin but I do not think it will be world payment system. Since it is private and until now many countries refuse to accept Bitcoin. And taxes on Bitcoin transactions are not paid.
Member Since Feb 22, 2011
4862 posts
Oct 05, 2020 at 12:20
Member Since Feb 22, 2011
4862 posts
andrew_2 posted:SofieAndreasen posted:ZzzzzzzZ posted:Beside trading, I think crypto especially bitcoin will rule in future in term of world payment system.
Ima think crypto becomin' too popular fo tradin'. So it can't just blow.
Well I really like bitcoin but I do not think it will be world payment system. Since it is private and until now many countries refuse to accept Bitcoin. And taxes on Bitcoin transactions are not paid.
Well BTC is private only when you know how to do it. But it has many advantages over current banking system.
Member Since Feb 22, 2011
4862 posts
Oct 06, 2020 at 14:17
Member Since Feb 22, 2011
4862 posts
Agazon posted:
Banks do not want to use and recognize bitcoin because in this case the banks themselves will not be in the game. And they will do everything to interfere with Bitcoin.
yeah banks, goverments, etc...
On the other hand big corporations should see BTC benefits
Member Since Jun 09, 2020
36 posts
Member Since Jun 29, 2020
38 posts
Oct 15, 2020 at 04:58
Member Since Jun 29, 2020
38 posts
Bitcoin seems to have a future since its popularity is high and more and more people are dedicated towards its use. Although it is more beneficial to big corporations more than others like banks, its value is expected to rise in the near future.
Member Since Jan 11, 2019
147 posts
Member Since Feb 22, 2011
4862 posts
Dec 02, 2020 at 09:03
Member Since Feb 22, 2011
4862 posts
Gracewilson1995 posted:We got new ATH
According to me bitcoin has a good future. like in 2017 the bitcoin touched 18000 it can still go above.
Almost $20,000
HODL or sell?
Member Since Feb 12, 2020
21 posts
Member Since Jun 29, 2020
28 posts
Member Since Feb 14, 2020
12 posts
Member Since Jul 23, 2020
869 posts
Member Since Feb 24, 2020
3 posts

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