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Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc....

leo23
Nov 21 2017 at 07:30
566 件の投稿
Finally, BTC has started trading above 8000 USD/BTC. I congratulate all who bought BTC at 3000 USD as per my first prediction in this thread.

It is very funny for me that in this discussion thread I exactly predicted the price to reach 6K,7K,8K to reach within next 2 to 3 months when the BTC price reached 3000 USD/BTC few months back and that is exactly what happened.

One guy was telling that BTC will be dead etc etc and he never appeared again in this thread. Someone just asked why I think so regarding the BTC price increase and I explained a some of the fundamental reasons why BTC price will increase though sudden deeps may happen every now and then.

If anyone interested in Bitcoin, then he can read all my comments in this thread which might be helpful.

Artificial General Intelligence
leo23
Nov 24 2017 at 11:47
566 件の投稿
Along with BTC sideways other cryptos like Etherium, Dash, Litecoin are also trying to emerge rapidly following BTC price. There is long way to go for crypto market uplift. Still it is trading around 255 BILLION USD of total market capital for all cryptocurrencies.

BTC price is still oscillating 8000 USD/BTC which I think will continue till end of the year or may be a spike to 9K might be possible. I think before reaching 9k may be around 8800 it will bounce back to 7500 USD or 8000 USD again by end of this year.

But huge volatility is expected ahead as the price will increase further at the same time big price dips may happen. Also, Bitcoin cash may give huge volatility in coming future.

Artificial General Intelligence
mlawson71
Nov 24 2017 at 16:34
1487 件の投稿
What do you think about security though? This week there was yet another hack and a heist of $31 million in Tether cryptocurrency (https://www.forexbrokerz.com/news/31mln-worth-of-Tether-coins-get-stolen-developers-freeze-assets), which in turn caused Bitcoin to drop sharply on Monday before it continued rallying. This is hardly the first such heist and I doubt it will be the last, unfortunately. It's one thing to lose money because you don't know how to trade cryptocurrencies, it's another to just get robbed.

leo23
Nov 26 2017 at 08:17
566 件の投稿
mlawson71 posted:
What do you think about security though? This week there was yet another hack and a heist of $31 million in Tether cryptocurrency (https://www.forexbrokerz.com/news/31mln-worth-of-Tether-coins-get-stolen-developers-freeze-assets), which in turn caused Bitcoin to drop sharply on Monday before it continued rallying. This is hardly the first such heist and I doubt it will be the last, unfortunately. It's one thing to lose money because you don't know how to trade cryptocurrencies, it's another to just get robbed.

For this I can give an obvious and clear answer that the hacks will continue to happen and may increase in number in future because of some obvious reasons. Probably, that is one of the main reasons why regular public still hesitate to use cryptos as a replacement for fiat currency for day today transactions.

If anyone is interested, then I will explain in details what are the reason behind security threats and how to protect yourself in case if you are planning for a long term investment in cryptos.

Artificial General Intelligence
mlawson71
Nov 26 2017 at 14:25
1487 件の投稿
If you have the time and energy to do so, please do. I, personally, would love to read that explanation. I don't know much about the matter.

leo23
Nov 27 2017 at 07:31
566 件の投稿
Just a quick update for everyone. Violating my previous expectations where I mentioned BTC to reach 9K by end of this year, BTC has finally surpassed value 9K so quickly and about to reach 10K. Now it is around 9700 USD/BTC.

Now, after crossing 10K, we need to wait for the market to stabilise and stay above 10k for sometime. After that probably there will not be be any 1K daily movement, rather in one day more than 3K or 5K movement will be common which means huge volatility in terms of few thousand dollars per day is possible.

Looking into the current rate I think I should revise my previous price projections for the future which were very conservative. It should not be a surprise if the BTC price will reach 100K by end of 2018 which I previously told to be 30K by end of 2018.

@mlawson71
I will explain in detail regarding the security in my future posts.

Artificial General Intelligence
mlawson71
Nov 27 2017 at 15:53
1487 件の投稿
leo23 posted:
Just a quick update for everyone. Violating my previous expectations where I mentioned BTC to reach 9K by end of this year, BTC has finally surpassed value 9K so quickly and about to reach 10K. Now it is around 9700 USD/BTC.

Now, after crossing 10K, we need to wait for the market to stabilise and stay above 10k for sometime. After that probably there will not be be any 1K daily movement, rather in one day more than 3K or 5K movement will be common which means huge volatility in terms of few thousand dollars per day is possible.

Looking into the current rate I think I should revise my previous price projections for the future which were very conservative. It should not be a surprise if the BTC price will reach 100K by end of 2018 which I previously told to be 30K by end of 2018.

@mlawson71
I will explain in detail regarding the security in my future posts.


I am looking forward to that, thank you!

NoahB
Nov 27 2017 at 15:59
21 件の投稿
I could not even think crypto-currencies could live. Because it is unclear who controls them, it is not completely clear how it works.
Actually I expected that only losers would invest money there, and then lose everything withing 1-2 years.
And it turns out so all of us, including me, are losers, who did not invest money there earlier.
To invest now is very risky, since the rate of 1:10K is too high a threshold. I will watch further this thread with interest and crying over spilt milk.

NoahB
Nov 27 2017 at 15:59
21 件の投稿
leo23 posted:
Just a quick update for everyone. Violating my previous expectations where I mentioned BTC to reach 9K by end of this year, BTC has finally surpassed value 9K so quickly and about to reach 10K. Now it is around 9700 USD/BTC.

Now, after crossing 10K, we need to wait for the market to stabilise and stay above 10k for sometime. After that probably there will not be be any 1K daily movement, rather in one day more than 3K or 5K movement will be common which means huge volatility in terms of few thousand dollars per day is possible.

Looking into the current rate I think I should revise my previous price projections for the future which were very conservative. It should not be a surprise if the BTC price will reach 100K by end of 2018 which I previously told to be 30K by end of 2018.

@mlawson71
I will explain in detail regarding the security in my future posts.


It seems to me Bitcoin does what you say. 😈 😁
If bitcoin will reach 100K by the end of 2018, we need to invest now and wait.

leo23
Nov 28 2017 at 07:30
566 件の投稿
NoahB posted:
leo23 posted:
Just a quick update for everyone. Violating my previous expectations where I mentioned BTC to reach 9K by end of this year, BTC has finally surpassed value 9K so quickly and about to reach 10K. Now it is around 9700 USD/BTC.

Now, after crossing 10K, we need to wait for the market to stabilise and stay above 10k for sometime. After that probably there will not be be any 1K daily movement, rather in one day more than 3K or 5K movement will be common which means huge volatility in terms of few thousand dollars per day is possible.

Looking into the current rate I think I should revise my previous price projections for the future which were very conservative. It should not be a surprise if the BTC price will reach 100K by end of 2018 which I previously told to be 30K by end of 2018.

@mlawson71
I will explain in detail regarding the security in my future posts.


It seems to me Bitcoin does what you say. 😈 😁
If bitcoin will reach 100K by the end of 2018, we need to invest now and wait.

Your statement 'It seems to me Bitcoin does what you say.' is very funny...hahaha...Thanks for your support:))))

But the statement is somewhat true also till now at least from the beginning of this thread.

Few months back when I told that BTC price will go 6K,7K,8K within few months when it hit to 3K, then one guy suddenly appeared and told that it will die etc etc and later on he never appeared in this thread.

But someone asked me why do I think so and hence, I explained some fundamental reasons and you can read the entire thread to understand everything before investing anything in Bitcoin.

Of course, there is no guarantee that it will go 100K by 2018, but it can also reach to 2K or 1K even at anytime, but all I know that it will not die and will not go to zero and that's all I know and if you can handle that risk, then 1 BTC can make everyone a millionare within 2 to 3 years, because my target is 1 Million/BTC and it is not 100K per BTC.

WHY 1 MILLION/BTC?
Because Bitcoin is the FIRST, DECENTRALISED, CRYPTOCURRENCY of the world based on the world revolutionary technology called BLOCKCHAIN technology of having FIXED supply of 21 million Bitcoins in total. These are the 5 fundamental reasons in bold letters why BTC will be 1 MILLION/BTC.

Artificial General Intelligence
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