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The future of Crypto
Jun 26, 2019 at 07:11
Psour posted:
I miss entry for BTC. Is entering now a good idea or not? Price is at $11k but looks like it could burst upwards again. I hear people talking about $100k as next big price target. I would love to get traders thoughts
Not sure mate! Right now the price is around 13K. My suggestion is; hold on! Don’t invest right now! But it’s up to you.
Membre depuis Feb 22, 2011
posts 4573
Jun 26, 2019 at 12:50
Psour posted:
I miss entry for BTC. Is entering now a good idea or not? Price is at $11k but looks like it could burst upwards again. I hear people talking about $100k as next big price target. I would love to get traders thoughts
It depends on your expectations, if you are long term trader it might be good to buy now and wait till high gain
Membre depuis Aug 27, 2017
posts 875
Jun 27, 2019 at 06:16
togr posted:Psour posted:
I miss entry for BTC. Is entering now a good idea or not? Price is at $11k but looks like it could burst upwards again. I hear people talking about $100k as next big price target. I would love to get traders thoughts
It depends on your expectations, if you are long term trader it might be good to buy now and wait till high gain
Absolutely; as a long term investment we are just in the begging stage on Bitcoin!
keeping patience.......
Membre depuis Feb 22, 2011
posts 4573
Jun 27, 2019 at 07:45
So we have touched $13,000
Is the next target20,000? What do you think?
Is the next target20,000? What do you think?
Membre depuis Aug 27, 2017
posts 875
Jun 27, 2019 at 08:54
togr posted:
So we have touched $13,000
Is the next target20,000? What do you think?
Of course, it is! I’m really optimistic because of blockchain technology!
keeping patience.......
Jul 17, 2019 at 09:32
I think Crypto will only survive if the price becomes stable and stops begin so volatile. No one uses Bitcoin to actually by anything or use for their savings account because the price is too volatile and banks do hold checking accounts in it. Unless the volatility problem is solved either by fixing the price or pegging it against a basket of currencies then crypto will remain a niche product
Membre depuis Feb 22, 2011
posts 4573
Jul 17, 2019 at 09:59
Bansheedo posted:
I think Crypto will only survive if the price becomes stable and stops begin so volatile. No one uses Bitcoin to actually by anything or use for their savings account because the price is too volatile and banks do hold checking accounts in it. Unless the volatility problem is solved either by fixing the price or pegging it against a basket of currencies then crypto will remain a niche product
Crypto will remain volatile. It is due its own nature. But after each drop there is period of crazy growth.
On the other hand it is asset like gold, its amount is limited and thus opposite the fiat money its value will grow.
Fiat money are printed out of thin air decreasing its value on purpose.
Why? Because goverments are heavily indebted and that way they decrease the value of such debts.
Jul 21, 2019 at 13:50
togr posted:Bansheedo posted:
I think Crypto will only survive if the price becomes stable and stops begin so volatile. No one uses Bitcoin to actually by anything or use for their savings account because the price is too volatile and banks do hold checking accounts in it. Unless the volatility problem is solved either by fixing the price or pegging it against a basket of currencies then crypto will remain a niche product
Crypto will remain volatile. It is due its own nature. But after each drop there is period of crazy growth.
On the other hand it is asset like gold, its amount is limited and thus opposite the fiat money its value will grow.
Fiat money are printed out of thin air decreasing its value on purpose.
Why? Because goverments are heavily indebted and that way they decrease the value of such debts.
You are absolutely right! The maximum number of BTC is around 21 Million (17 Million in reality)! So, the supply is limited.
Membre depuis Feb 22, 2011
posts 4573
Jul 22, 2019 at 06:46
AmDiab posted:togr posted:Bansheedo posted:
I think Crypto will only survive if the price becomes stable and stops begin so volatile. No one uses Bitcoin to actually by anything or use for their savings account because the price is too volatile and banks do hold checking accounts in it. Unless the volatility problem is solved either by fixing the price or pegging it against a basket of currencies then crypto will remain a niche product
Crypto will remain volatile. It is due its own nature. But after each drop there is period of crazy growth.
On the other hand it is asset like gold, its amount is limited and thus opposite the fiat money its value will grow.
Fiat money are printed out of thin air decreasing its value on purpose.
Why? Because goverments are heavily indebted and that way they decrease the value of such debts.
You are absolutely right! The maximum number of BTC is around 21 Million (17 Million in reality)! So, the supply is limited.
Not counting that huge part of total supply is considered as lost.
Membre depuis Feb 22, 2011
posts 4573
Jul 22, 2019 at 10:31
Imagine 20 millions BTC (all btcs available rounded) for 10 billions of people (all people on earth in near future rounded.
Average owner would posses 20,000,000 / 10,000,000,000 = 0.002 BTC. Today it does not mean anything but once such small amount would be average amount hold by one person.
So if we take it like monthly sallarry lets say $2000
0.002 BTC = $2000
1 BTC = $1,000,000
Imagine that. :)
Average owner would posses 20,000,000 / 10,000,000,000 = 0.002 BTC. Today it does not mean anything but once such small amount would be average amount hold by one person.
So if we take it like monthly sallarry lets say $2000
0.002 BTC = $2000
1 BTC = $1,000,000
Imagine that. :)
Membre depuis Aug 27, 2017
posts 875
Jul 22, 2019 at 14:42
Mulberry posted:
What if people move to another faster Crypto with less price volatility that can actually be used as a currency. This will reduce Bitcoin to a pointless antiquated joke that no one wants to hold. Price will fall to nothing
Bitcoin is the mother of crypto currency and it will be!
keeping patience.......
Membre depuis Feb 22, 2011
posts 4573
Jul 24, 2019 at 11:57
Mulberry posted:
What if people move to another faster Crypto with less price volatility that can actually be used as a currency. This will reduce Bitcoin to a pointless antiquated joke that no one wants to hold. Price will fall to nothing
That is highly unlikely, there are already coins with fast transfers with minimal costs, like BNB.
Yet it is true its value is rising but it is correlated to BTC price.
I always prefer to diversify the risk so yes it is good idea to hodl the portfolio of coins like BTC, ETH, XRP ,BNB.
Jul 28, 2019 at 11:30
togr posted:Mulberry posted:
What if people move to another faster Crypto with less price volatility that can actually be used as a currency. This will reduce Bitcoin to a pointless antiquated joke that no one wants to hold. Price will fall to nothing
That is highly unlikely, there are already coins with fast transfers with minimal costs, like BNB.
Yet it is true its value is rising but it is correlated to BTC price.
I always prefer to diversify the risk so yes it is good idea to hodl the portfolio of coins like BTC, ETH, XRP ,BNB.
I also like BNB; because the total supply is very limited and the use case is huge!
Membre depuis Aug 27, 2017
posts 875
Jul 29, 2019 at 05:42
Maybe; but I see; there have enough numbers of new coins with enough potential as like Wave, Vechain etc!
keeping patience.......
Membre depuis Feb 22, 2011
posts 4573
Aug 28, 2019 at 12:33
So BTC vs USD is going nowhere far from $10,000
What is your short/long term prediction
Mine short - hanging around 10,000, long - jump to like $40,000
What is your short/long term prediction
Mine short - hanging around 10,000, long - jump to like $40,000
Aug 28, 2019 at 16:14
togr posted:
So BTC vs USD is going nowhere far from $10,000
What is your short/long term prediction
Mine short - hanging around 10,000, long - jump to like $40,000
40K would be really great! The future is really bright; but what’s the duration (for 40K)?
Membre depuis Jul 20, 2019
posts 338
Aug 29, 2019 at 06:03
AmDiab posted:togr posted:
So BTC vs USD is going nowhere far from $10,000
What is your short/long term prediction
Mine short - hanging around 10,000, long - jump to like $40,000
40K would be really great! The future is really bright; but what’s the duration (for 40K)?
Maybe until the end of 2020 I'd say.
patience is the key
