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Topic: Bitcoin is making admirable progress! - page 4. (Read 1167 times)

jr. member
Activity: 167
Merit: 2
July 01, 2018, 11:42:27 PM
that's right. because I myself have seen already many of my friends are now a millionaire. for investing in bitcoin.
hero member
Activity: 2842
Merit: 772
July 01, 2018, 10:44:26 PM
As a new investment instrument, bitcoin shocking many peoples in the world. In short period, bitcoin price rising and reach $19k in just 8 years and i am believe bitcoin can reach as predicted by many analys and reach $60k end this year
ya i heard some people said that bitcoin will go to more than $50k at the end of the year. maybe that is only to attract investor so they can stay longer in this investment. it is good because more people who adopted can help to realize that

Those people saying that bitcoin can go to $50K at the end of year are either have tons of bitcoins in their wallet that's why they are trying to influence the market and at least swayed investors to pour their cash on the market again, or people who don't really understand how the market works. To be perfectly honest, bitcoin will not go to $50K at the end of the year, period.

We may not even get to new all-time-highs this year because of so much selling pressure along the way. But it doesn't mean bitcoin can't recover anymore and the bubble has been burst. It may take some time, but 2018 is not very favourable to us. So just continue to HODL and hope everything changes for the better in 2019 and beyond.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
July 01, 2018, 10:05:35 PM
As a new investment instrument, bitcoin shocking many peoples in the world. In short period, bitcoin price rising and reach $19k in just 8 years and i am believe bitcoin can reach as predicted by many analys and reach $60k end this year
ya i heard some people said that bitcoin will go to more than $50k at the end of the year. maybe that is only to attract investor so they can stay longer in this investment. it is good because more people who adopted can help to realize that
newbie
Activity: 54
Merit: 0
July 01, 2018, 09:57:51 PM
Bitcoin's currency is increasingly recognized by financial institutions and economists. Basically they continue to see as an attack on the systems they have and against the currency of cryptocurrency. yes at this time they must accept or admit, because the very superiority of a blockchain technology in this moren era and this will be a bitcoin currency becomes more valuable. Bitcoin really brings awareness to all countries and financial institutions will take advantage of it.
member
Activity: 784
Merit: 10
July 01, 2018, 08:40:31 PM
Yes this statement is true, and i believe that the bitcoin industry will be an admirable progress, somehow many persons now is in this kind of investment and surely many to come up as days comes, and by this the bitcoin will probably innovates such that it will be use as currency to the stores and malls in paying bills.
newbie
Activity: 140
Merit: 0
July 01, 2018, 08:35:02 PM
I agree that bitcoin is here to stay. As the first cryptocurrency, it has the first-mover advantage, so any time people talk about cryptocurrencies they talk about bitcoin. As the cryptocurrency with the strongest brand name, it has the biggest community of users. Bitcoin will not just disappear.
newbie
Activity: 91
Merit: 0
July 01, 2018, 08:26:41 PM
Even if bitcoin drop its values it can still manage to comeback to the market, thats one of the things that bitcoin never really disappoints with that, i am completely agree with you that bitcoin is making an admirable progress towards coming back to its high market value
member
Activity: 812
Merit: 11
July 01, 2018, 08:14:22 PM
As a new investment instrument, bitcoin shocking many peoples in the world. In short period, bitcoin price rising and reach $19k in just 8 years and i am believe bitcoin can reach as predicted by many analys and reach $60k end this year
member
Activity: 476
Merit: 10
July 01, 2018, 06:50:48 PM
Iv always believed in Bitcoin no matter the situation and the condition it is in, This is a very volatile market and anything can happen, thats what we expect and accordingy adjust to it, Bitcoin has struggled in the recent past but i believ we have not seen the last of it yet
newbie
Activity: 54
Merit: 0
July 01, 2018, 06:42:47 PM
yes it is true, somehow the rulers of the economy think that bitcoin currency is one of the fatal mistakes in its financial system, whereas we know that bitcoin currency is launching some changes, not just economic development but more right in the field of this technology and the many positive effects of the currency.
member
Activity: 252
Merit: 10
July 01, 2018, 05:53:30 PM
Of course, I still believe that the best times of bitcoin are still to come, and in fact the first ten years that have passed since its invention have been no more than its testing stage, its stage of embryonic development and its true leap to mainstream is just to come.

Therefore, all those who have just approached this ecosystem can still be called lucky pioneers, because in ten years when the bitcoin will be present in most of the economic processes of the world and its price will be over one million dollars, many will regret not having bought now, thinking that $10,000 was already a very high price.
I find that low trading volume is causing concern for speculators because this is seen as a sign that the market is approaching its peak; That is, the growth will be very short. So investors should be prepared for themselves.
hero member
Activity: 1008
Merit: 501
July 01, 2018, 11:25:13 AM

In order to keep the value of coins growing, several important events should occur - Bitcoin should trade above psychologically important marks, investors start to show interest in crypto-currencies again, and the governments of large countries finally decide on the legal basis for the industry.

Well I don't think any of that is happening at the moment though. Bitcoin is struggling to stay above support points and has mainly been feeding bears most of this year. Government legalization will be a big challenge and I think will take quite a bit of time.
it may take longer for bitcoin to be legalized by the government. because of course the government will see many things. like the needs of their community. if their society is don't too need of course government will not do legalization yet. then mass adoption is also important.
member
Activity: 253
Merit: 10
July 01, 2018, 10:56:18 AM
Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.


yes it is awesome and so interesting many people is happy because of what they get from their profit but right now mny people complain becayse of the bitcoins price right now
member
Activity: 329
Merit: 14
July 01, 2018, 10:48:38 AM
Of course, I still believe that the best times of bitcoin are still to come, and in fact the first ten years that have passed since its invention have been no more than its testing stage, its stage of embryonic development and its true leap to mainstream is just to come.

Therefore, all those who have just approached this ecosystem can still be called lucky pioneers, because in ten years when the bitcoin will be present in most of the economic processes of the world and its price will be over one million dollars, many will regret not having bought now, thinking that $10,000 was already a very high price.
newbie
Activity: 238
Merit: 0
June 30, 2018, 02:31:06 PM
When you look at the rate at which bitcoin is progressing the validity of the statement becomes true, bitcoin is exponentially increasing in value since 2009 from a few cents in value to 6500 us dollars as of today, it controls 150 billion USD worth of market capitalization and is the sixth largest currency in the world.
member
Activity: 143
Merit: 17
June 27, 2018, 05:14:34 PM
Bitcoin is inda house damn. When it gona fall someone knows? I'm waiting 4800 so hard. Technically btcusd still bearish, but that falt OMG.
hero member
Activity: 980
Merit: 502
June 19, 2018, 07:00:39 AM
Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.


I completely agrees with the title of your post, no doubt bitcoin has made such a admirable progress and has always being capable of helping the needy by providing employment to millions of people and reducing the poverty to very great extent. If we look at the condition of bitcoin since year 2008 , the day when it was introduced and when it was unknown to everyone and the year 2018 when people fear that their money could not be drown, this statement simply defines the admirable progress of bitcoin.
member
Activity: 280
Merit: 10
June 17, 2018, 04:28:47 PM
Yes Bitcoin is making admirable progress that is shown in pump of bitcoin when any news effecting or after down price heavily buyers move to buy and the price again pumping and profit chances again shining,
full member
Activity: 504
Merit: 122
June 17, 2018, 04:18:50 PM
But price still dumping like crazy, bitcoin need revert this scene.
From december to june, it is already -70%, it is a huge price crash, some people believe that the big players are manipulating the price.

Some traders believes that bitcoin can decrease at $2k and after that would do a reversal.
newbie
Activity: 45
Merit: 0
June 17, 2018, 04:12:09 PM
Certainly bitcoin have made a great progress. It created a lot of opportunities not only for people who are unemployed but to many who have become rich while investing on bitcoin. Nothing is more admirable than the help it did. While it was true that it was often affected by news and events that causes FUD, it manages to withstand all these because people believe in it. Even if market is down I surely believe in what you said bitcoin will grow back in value.
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