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The future of Crypto

Jan 31, 2019 at 15:18
6,108 Views
202 Replies
Member Since Feb 22, 2011   4862 posts
Aug 18, 2020 at 07:04
So BTC finally broke the resistances at 10500 and 12000
What do you think is next level?
Member Since Jul 19, 2020   34 posts
Aug 19, 2020 at 11:29
I think it has a bright future. But you have to be confident. If you lose hope than you can not become successful in this platform.
Member Since Feb 22, 2011   4862 posts
Aug 24, 2020 at 12:30
SO BTCUSD struggle to overcome 11,800
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
togr posted:
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?
I think Bitcoin halving effect severely to miner. Many BTC miner already switching to other altcoin.
Member Since Apr 10, 2020   10 posts
Sep 24, 2020 at 09:10
togr posted:
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?
I agree with you
Member Since Sep 18, 2020   6 posts
Sep 24, 2020 at 14:02
Ima think crypto becomin' too popular fo tradin'. So it can't just blow.
Ima do what Ima want to
Member Since Feb 25, 2020   95 posts
Sep 25, 2020 at 09:31
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.
Member Since Jul 23, 2020   759 posts
Oct 03, 2020 at 17:51
ZzzzzzzZ posted:
Ima think crypto becomin' too popular fo tradin'. So it can't just blow.
Beside trading, I think crypto especially bitcoin will rule in future in term of world payment system.
Member Since Jan 10, 2020   37 posts
Oct 05, 2020 at 10:12
SofieAndreasen posted:
ZzzzzzzZ posted:
Ima think crypto becomin' too popular fo tradin'. So it can't just blow.
Beside trading, I think crypto especially bitcoin will rule in future in term of world payment system.

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
andrew_2 posted:
SofieAndreasen posted:
ZzzzzzzZ posted:
Ima think crypto becomin' too popular fo tradin'. So it can't just blow.
Beside trading, I think crypto especially bitcoin will rule in future in term of world payment system.

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
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
Oct 08, 2020 at 10:46
Yes, bitcoin is only expected to increase in value over the next couple of years. The hype is not dying anytime soon.
Member Since Jun 29, 2020   38 posts
Oct 15, 2020 at 04:58
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
Nov 11, 2020 at 09:31
According to me bitcoin has a good future. like in 2017 the bitcoin touched 18000 it can still go above.
Member Since Feb 22, 2011   4862 posts
Dec 02, 2020 at 09:03
Gracewilson1995 posted:
According to me bitcoin has a good future. like in 2017 the bitcoin touched 18000 it can still go above.
We got new ATH
Almost $20,000
HODL or sell?
Member Since Feb 12, 2020   21 posts
Dec 10, 2020 at 08:01
Bitcoin itself is not as important as blockchain. This is a truly ingenious creation. I can't even believe that someone could think of this and bring it to life.
Member Since Jun 29, 2020   28 posts
Dec 28, 2020 at 09:52
The future of cryptocurrency seems to be very bright and with its ever increasing popularity, it will even be better in time.
Member Since Feb 14, 2020   12 posts
Dec 28, 2020 at 14:16
Bitcoin was originally created as the future world currency. His blockchain system is the pinnacle of engineering thought.
ONE BITCOIN COST - ONE BITCOIN
Member Since Jul 23, 2020   869 posts
Dec 28, 2020 at 16:57
In my opinion both bitcoin and blockchain are the future of the world.
Member Since Feb 24, 2020   3 posts
Dec 31, 2020 at 12:35
The future of cryptocurrency is driven by its interest among people. Also, the blockchain system itself looks very impressive.
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