The BIG Bitcoin think to happen

vincitygialam Level 1

October 24, 2018, 1:41 am

36

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Bitcoin is probably the biggest think to happen to humanity since the internet was invented. The question everyone has "is 2018 a bad year for Bitcoin?" I would still have to say no even though we have been in a 6 month bear market. I believe Bitcoin needs this pull back in order to grow. Basically what your seeing now is an exact replay from 2013. The price shot up to $1300.00 and then dropped over a course of about 18 months to $200.00. The price took off from that point slowly increasing until mid 2017 and hit $20,000.00 December 2017. If what it think is correct then BTC could be in for another 12-18 months of a bear market. In 2020 on the next halving Bitcoin is set to take off to new "All Time Highs". I personally believe that by 2022 Bitcoin will be well over 100K steady. Depending on where we close the year its possible that Bitcoin could still be up 150% from early 2017 by the middle of 2019.Next i'm going to be talking about a few things first "Should we invest rite now?" Second "I Bought bitcoin to high should i sell or hold?" Third "What will Bitcoin be in 5 years?"

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jpk0007

jpk0007

Bitcoin definitely is one of the most talked about and popular form of investment that has created a buzz all around the world. If one is able to invest in cryptocurrencies at the right time then there is a very high potential to earn a big return on the investment. But there are still many countries where investing and transacting in bitcoins is not considered legal. One has to exercise some caution before investing big amounts in BItcoins.

8 years ago

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jaybee19

jaybee19

Exactly. I've actually almost considered investing in Bitcoin however, fortunately, I became skeptical because of its unstable price. I've also seen so many investors who were disappointed and devastated because of their losses. That's why I only engaged myself on free-to-earn bitcoin sites where I can earn free bitcoin even if it's really slow to earn just to experience earning bitcoin (although it's not really that high of a bitcoin).

8 years ago

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nrnlss

nrnlss

I do that too, since I am afraid to invest real bitcoin so I end up with bitcoin faucets and such.

8 years ago

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jaybee19

jaybee19

Exactly. Investing to Cryptocurrency right now is a bit risky because of its unstable value. However, if ever it comes back to a high and stable price, I will definitely consider investing some of my savings for it to grow.

8 years ago

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jeffreyjose48

jeffreyjose48

I strongly agree with you. I hope that what you are telling us will happen. I have been waiting for that time to also come to pass.

8 years ago

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jeffreyjose48

jeffreyjose48

Bitcoin is one of the greatest thing that has blessed me. I believe people from all over the world were given the chance to rise up in their financial lives. I hope we can make the most out of bitcoin.

8 years ago

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theresajane

theresajane

I agree with you. Investing your money on Bitcoin is both a big and risky thing to decide on. Well, perhaps, if it becomes more stable in the future, then, I think I can confidently invest my hard-earned money on it.

8 years ago

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Corzhens

Corzhens

I agree that Bitcoin is the most popular of the crypto currencies maybe because it was the first one to be organized. But the value of crypto currency, not just the Bitcoin, has been dynamic that the fluctuation makes the holder uncomfortable. My take on that valuation is the dictates of the law of supply and demand. So what will happen when there is no more demand for Bitcoins?

8 years ago

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Kakashi2020

Kakashi2020

Well in my opinion Bitcoin is a good investment. Studying bitcoin's history of price appreciation, it's easy to surmise that if you invest now, it'll double it's value within a year's time. It's bearish now but when it wakes up it would surge to new heights, this happened a lot of times in the past years.

8 years ago

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Martinsx1

Martinsx1

Yes, Bitcoin and some other cryptocurrencies are known very well for its volatility in price over the course of years since it was launched in 2009. Looking at Bitcoin specifically this year, it was so unstable for long with the price dropping as low as $5000 from $7000 per Bitcoin. At the moment, the price is up at $6,500 and it's most likely not going to be changing anytime soon.

8 years ago

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jeffreyjose48

jeffreyjose48

Yes, I agree with you. Bitcoin and other crypto currencies are volatile. The price is so uncertain. Its unpredictable.

8 years ago

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theresajane

theresajane

It could really become big in the future if you invest today. But, I still lack confidence to do it as I am not a person who takes risk.

8 years ago

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overcast

overcast

I am not sure if this december things will change. Last december it was havoc with the rate of change for bitcoin. I am assuming this year the rate completely down each month reaching new low. It'd be harder to consider how the bitcoin is going to rise back again. Then again I am more skeptical on these coins. I hope that bitcoin comes back though.

8 years ago

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Martinsx1

Martinsx1

At the moment, the price of a single Bitcoin is $6,500 when I checked out the cryptocurrency exchange market this morning. This year was rather a tough year for the cryptocurrency but for now, it's stabilized.

On your question about whether to sell or still hold your Bitcoin, I would advise you to keep hold of it and never sell till it's very profitable for you to sell.

8 years ago

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mitan143

mitan143

Cool. Well honestly I haven't tried investing or doing that bitcoin thing but I have an idea of it. For now, I still don't want to join in the community because I'm not still confident with my knowledge about bitcoin. I know It's not really like the other businesses out there though it's pretty popular now, but I must be very careful. For you guys doing the bitcoin now, goodluck.

8 years ago

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amelia88

amelia88

That’s much the same boat that I’m in. I feel like it’s still such a developing thing that I’d want to wait a bit longer until I felt comfortable with it. It also seems pretty volatile and I’m not much of a fan of risky investments.

8 years ago

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stbrians

stbrians

My doubts at great and am not remorseful about it. Financial gurus and experts prophesized the bitcoin reaching 10,000 dollars by 2018. Those dreams were badly shattered.

Now we are giving ourselves hope basing on past history. I think they are the kicks of a dying horse.

8 years ago

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superlicca

superlicca

I never tried investing in bitcoin. Although I am familiar with this since I heard a lot of things about it from the news, I am not that knowledgeable about Bitcoin. Before I invest, I want to learn more about it and study its stability.

8 years ago

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Barida

Barida

Bitcoin investment is good as I have seen lots of people that have made money through it. The thing is that those that began as early as possible are the ones that benefitted hugely from it unlike what we are experiencing at this particular moment in time.

8 years ago

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superlicca

superlicca

Is it true that investing in bitcoin is like a gamble? And bitcoin investment might lose your money. I have an investment in the stock exchange. But even if the market is down, I won't lose any amount unless I sell my stocks and withdraw my money. I don't know much about it. Your information will be appreciated.

8 years ago

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theresajane

theresajane

I always think of investing my money in bitcoin. I have a lot of plans, however, I always won't come to a final decision of whether to give it a go or not. With all the issues of its stability, I need to have an assurance that my money would not be in danger. I'm still finding the right time when to invest.

8 years ago

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Barida

Barida

2018 is generally a year that lots of things have happened, but I would not say that bitcoin is kinda affected in any way. One thing about the crypto world is that this particular coin is going to keep paying people in the near future and this should make people that trade on it to keep the faith always.

8 years ago

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nrnlss

nrnlss

I think that right now is the best time to invest in bitcoin, since the price has drop. We will just have to wait for it to climb to its peak and I think that you are right, by 202(something) the bitcoin will have a high steady price.

8 years ago

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jayjaydimson

jayjaydimson

Bitcoin is really a high value in cryptocurrency, it has become the highest value in cryptocurrency, and I think in the future it will become one of the money that we will be using to pay stuff online.

8 years ago

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Youngshark

Youngshark

Wow you are quite optimistic. Thanks for giving me a reason to invest in bitcoin now that I have been fearing that finally the time for its bubble to burst has come. I have renewed hopes about the investment and the potential it has over the long term. I am however still skeptical until I see some changes beginning to occur.

8 years ago

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esteban123

esteban123

I am optimistic that bitcoin would give a lot of benefits this year to people that is why I am taking a closer look in it. I really like bitcoins because it is very convenient to use, I can used it for many things such as for online and payment purchases which is really great. Whenever I have no money I usually use my bitcoin since it can easily be converted into cash without any ado.

8 years ago

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vhinz

vhinz

Not sure about what will happen to bitcoin in the near future but for now it is still the cryptocurrency that has the highest value. And if I could just invest to it right now, I would do it.

8 years ago

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Jeane

Jeane

I'm thinking that the value of bitcoin is going to stabilize more in future.

These wild swings won't last because more people are starting to use bitcoin. Whether the value drops or not, bitcoin is going nowhere so it is the right time for investment right now. As for the value hitting $100K, I don't see that happening.

8 years ago

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Kakashi2020

Kakashi2020

In my opinion based on its price and appreciation history, Bitcoin is a very good investment. It's price has always appreciated by leaps and bounds. At present it's just gaining momentum, it's a bit bearish but I think this would change very soon. Because by studying bitcoin's history you would see that it has a bear to bull transition every 12-24 months. This means the good old times are nearing again.

8 years ago

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stormbreaker10

stormbreaker10

I think it would happen as long as their systen is well manage. In like this form of investment theirs no always your in top of the food chain but sometimes your in the botom on it.

8 years ago

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jaymish2

jaymish2

I used to be the biggest proponent of Bitcoin.Now i'm 50/50 on it. Most people don't understand the fundamentals of Bitcoin. Do you understand why it goes up or down? if you don't, you are not investing you are speculating and that's dangerous. I think the reason that bitcoin is going down is because most Countries are coming up with regulations on how it can be used, or if it can be used in their countries.If your Country does not allow you to use bitcoin then it would be hard for you to buy it. This is the reason why Bitcoin is decreasing in value.No one is sure if the value will go back up.

8 years ago

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Corzhens

Corzhens

I cannot comprehend the Bitcoin until now maybe because I work in a bank and everything should be legal and transparent. My questions about Bitcoin remain in the air and it seems that no one could give me a clear answer on who is in control of the Bitcoin and what exactly is a Bitcoin mine. My perception of Bitcoin is that it is an intangible commodity that is bought and sold in the market. But unlike gold or real currency, the Bitcoin has no tangible value at all.

8 years ago

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esteban123

esteban123

I really don't have so much idea in why bitcoin price crashes or increase in its price that is why I am just trying my luck and taking some risks while doing some trading in hoping that I could make a profit out of it. Bitcoins are really risky since we really don't know on when it would appreciate its value which makes us more hard for us to decide if we will invest or not.

8 years ago

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mhingnhormz

mhingnhormz

In my opinion about investing in bitcoin it was to risky. We didn't know when it ups and suddenly down. I want to suggest if your a newbie in bitcoin to collect some bitcoin in a free bitcoin faucet, therse an apps that give a satoshi every 15min., just collect and collect and if you think you need to use it to risk for the ups and down then it was not big deal since you only collected it for free.

8 years ago

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