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The future of Crypto

CRPA9
Mar 13 2019 at 07:21
21 投稿
Bitcoin is at a great accumulation price currently :) Market cycles, thats all it is.
Adribaasmet
Mar 21 2019 at 07:08
994 投稿
CRPA9 posted:
Bitcoin is at a great accumulation price currently :) Market cycles, thats all it is.

I see, so many unrealistic expectations like 100000$ (per bitcoin). By the way, I am really excited to see the movements of BTC.
maexpertadvisor (FMovingAverage)
Apr 02 2019 at 07:08
24 投稿
Adribaasmet posted:
CRPA9 posted:
Bitcoin is at a great accumulation price currently :) Market cycles, thats all it is.

I see, so many unrealistic expectations like 100 000$ (per bitcoin). By the way, I am really excited to see the movements of BTC.

Why do you think it is unrealistic? An well-trusted analyst just predicted a spike to $150,000 by 2023. It is interesting to keep up with BTC as I believe it is going to peak out surely in the coming years.
vontogr (togr)
Apr 02 2019 at 07:47
4862 投稿
The reward for mining BTC will halve soon. https://bitcoinblockhalf.com/
This will actually lead to increase of BTC price as supply of BTC decrease and it will become more rare.
Also the total amount of BTC mined ever would be close to 21,000,000 so as quite rare comodity I exepct the price will go up.
Just I am not able to tell when :)
I might be good time to buy now and wait. I think $4,000 investment could bring you 40,000 or even 100,000 and still you risk just these 4,000.
maexpertadvisor (FMovingAverage)
Apr 02 2019 at 08:41
24 投稿
togr posted:
The reward for mining BTC will halve soon. https://bitcoinblockhalf.com/
This will actually lead to increase of BTC price as supply of BTC decrease and it will become more rare.
Also the total amount of BTC mined ever would be close to 21,000,000 so as quite rare comodity I exepct the price will go up.
Just I am not able to tell when :)
I might be good time to buy now and wait. I think $4,000 investment could bring you 40,000 or even 100,000 and still you risk just these 4,000.

Have you ever invested or plan to invest in BTC? Especially now that you believe the price is going up?
Saif59
Apr 03 2019 at 05:54
9 投稿
togr posted:
The reward for mining BTC will halve soon. https://bitcoinblockhalf.com/
This will actually lead to increase of BTC price as supply of BTC decrease and it will become more rare.
Also the total amount of BTC mined ever would be close to 21,000,000 so as quite rare comodity I exepct the price will go up.
Just I am not able to tell when :)
I might be good time to buy now and wait. I think $4,000 investment could bring you 40,000 or even 100,000 and still you risk just these 4,000.

Do you not think that interest in BTC could dwindle due to other crypto currencies and awkwardness of using BTC. This could cause price to fall even if all the factors you say are true?
vontogr (togr)
Apr 03 2019 at 07:19
4862 投稿
Saif59 posted:
togr posted:
The reward for mining BTC will halve soon. https://bitcoinblockhalf.com/
This will actually lead to increase of BTC price as supply of BTC decrease and it will become more rare.
Also the total amount of BTC mined ever would be close to 21,000,000 so as quite rare comodity I exepct the price will go up.
Just I am not able to tell when :)
I might be good time to buy now and wait. I think $4,000 investment could bring you 40,000 or even 100,000 and still you risk just these 4,000.

Do you not think that interest in BTC could dwindle due to other crypto currencies and awkwardness of using BTC. This could cause price to fall even if all the factors you say are true?

Nope.

All altcoins are still traded against BTC
It is like USD in currencies.
Adolis
Apr 09 2019 at 05:53
33 投稿
Honestly who know in past that it will cost that much at the moment ? If you had a chance to get back in time and buy some would you do it like 7 years ago or so ? I bet you would so do I. I am still buying some cheaper currencies like Litecoin from time to time, hope I have a time to market rise in future.
vontogr (togr)
Apr 09 2019 at 06:29
4862 投稿
Adolis posted:
Honestly who know in past that it will cost that much at the moment ? If you had a chance to get back in time and buy some would you do it like 7 years ago or so ? I bet you would so do I. I am still buying some cheaper currencies like Litecoin from time to time, hope I have a time to market rise in future.

There is common misunderstanding that crypto is equal to buying BTC for USD and hodling.
It is not. There are so much more other currencies to trade.
FaridAnwer
Apr 10 2019 at 14:21
10 投稿
togr posted:
Adolis posted:
Honestly who know in past that it will cost that much at the moment ? If you had a chance to get back in time and buy some would you do it like 7 years ago or so ? I bet you would so do I. I am still buying some cheaper currencies like Litecoin from time to time, hope I have a time to market rise in future.

There is common misunderstanding that crypto is equal to buying BTC for USD and hodling.
It is not. There are so much more other currencies to trade.

But aren't all crypto currencies very highly correlated. Some perform better than others but in general any one will do.
Teejy88
Apr 11 2019 at 09:52
36 投稿
Up up up! At least for the main ones!
vontogr (togr)
Apr 12 2019 at 09:09
4862 投稿
Teejy88 posted:
Up up up! At least for the main ones!

There are prognosis for BTC value at $50,000 within couple of years.
Would be nice to have some BTC at that time :)

As the total amount of BTC mined will be less than 21,000,000 and there are like 8,000,000,000 people

when you would own 1 BTC it will be probably more than 99% of the population
Yijun
Apr 12 2019 at 12:21
6 投稿
That assumes that BTC continues to be of interest and used / speculated. There are limited number of stocks in General Motors but that does not mean that the price will always rise. If no one has faith in the underlying asset (which is just usage for BTC), then the price will fall - potentially to zero
Teejy88
Apr 14 2019 at 05:38
36 投稿
Will head up if the china ban happens.
vontogr (togr)
Apr 15 2019 at 07:25
4862 投稿
Yijun posted:
That assumes that BTC continues to be of interest and used / speculated. There are limited number of stocks in General Motors but that does not mean that the price will always rise. If no one has faith in the underlying asset (which is just usage for BTC), then the price will fall - potentially to zero

Well the usage of BTC and altcoins is growing every dat so there is a good base for price increase in future.
Korich
Apr 15 2019 at 10:31
10 投稿
Teejy88 posted:
Will head up if the china ban happens.

Is China looking to ban crypto mining? If so, do you have a reliable source that says this may happen
vontogr (togr)
Apr 15 2019 at 11:14
4862 投稿
Korich posted:
Teejy88 posted:
Will head up if the china ban happens.

Is China looking to ban crypto mining? If so, do you have a reliable source that says this may happen

yes china is pondering this ban to prevent :wasting of energy:
Saif59
Apr 16 2019 at 05:16
9 投稿
Wow that could be huge problem for crypto (I assume). I assume that would cause price to fall? or am I over simplifying it
vontogr (togr)
Apr 16 2019 at 08:10
4862 投稿
Saif59 posted:
Wow that could be huge problem for crypto (I assume). I assume that would cause price to fall? or am I over simplifying it

Not necesarilly.
If China prohibit mining then there will be less BTC generated and price should go up.
Adribaasmet
Apr 17 2019 at 09:52
994 投稿
togr posted:
Saif59 posted:
Wow that could be huge problem for crypto (I assume). I assume that would cause price to fall? or am I over simplifying it

Not necesarilly.
If China prohibit mining then there will be less BTC generated and price should go up.

Yes, that’s the assumption. But till now, we need to wait for last conformation on mining news from China.
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