The future of Crypto

The future for the cryptocurrency is a good one because we all see that all the cryptocurrencies grow. Moreover, I think that this domain will be one of the most profitable in all over the world. I am in it for some years and I had profits and losses but I wasn't sorry at all because now I have a good experience and I know when to invest or when to sell all the crypto. Now, one of the best is Ethereum and I think it will grow a lot in some months.

So guys,

BTCUSD is not moving anywhere from 9-10,000

What do you think about alt coins like Cardano?

So BTC finally broke the resistances at 10500 and 12000
What do you think is next level?

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.

SO BTCUSD struggle to overcome 11,800
Once it will bull run through the long expected ATH will be reached soon

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.

Ima think crypto becomin' too popular fo tradin'. So it can't just blow.

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.

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.

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.

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

Yes, bitcoin is only expected to increase in value over the next couple of years. The hype is not dying anytime soon.

According to me bitcoin has a good future. like in 2017 the bitcoin touched 18000 it can still go above.

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?

In my opinion both bitcoin and blockchain are the future of the world.

Wiktor63463gt posted:
The future of cryptocurrency is driven by its interest among people. Also, the blockchain system itself looks very impressive.

And nowadays we reached 40,000 USD for 1 BTC

Ima angry because of Elon. 1 tweet...1 tweet and Bitcoin just fall to 50k. How??? And now Doge's start to up because of Elon's speculation.

RobSchiz posted:

berinhard posted:
Knowledge is the most important thing to make money from this any other market.

If you want to make money from this market, you need to have proper knowledge about the market.

This applies for every single market of course.

There are plenty of scenarios which can happen with cryptocurrency in future. One can allege that in future crypto will replace all the national currencies which we have nowadays, however the vast majority of people don't believe in such economical metamorphosis, because even gradual transformation of dollar into btc for example, will strongly affect domestic and world economies. I believe that economies will not bear such metamorphosis, nevertheless it still remains as one of the possible scnarios in future. The time will show it, maybe it will be the only way to decrease the influence of crypto as we have nowadays.