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Topic: Can Bitcoin Hold? - page 4. (Read 756 times)

newbie
Activity: 17
Merit: 0
January 12, 2018, 12:08:21 PM
#46
I just started out investing in Bitcoin a couple months ago and I honestly don't know the difference between Bitcoin then from the Bitcoin now. What I can say is that I am slightly regretting my decision in buying too much Bitcoin as I thought that it would be possible to conveniently pass it around.
newbie
Activity: 10
Merit: 0
January 12, 2018, 11:26:34 AM
#45
bitcoin is still at the forefront of technology and investors will still follow bitcoin to the end.
newbie
Activity: 95
Merit: 0
January 12, 2018, 10:59:47 AM
#44
I believe it is not so alarming even if the price of bitcoin had a resistance it doesn't dip so much the price is still great even though ETH is at $1300 right now it is safe to say that bitcoin is still staying with a huge value, I really think there is chance that we can see another bullish movement this year just like what happen in the October up to the November 2017.

I slightly disagree with you. Although the price stayed at above the 10K level(I was not actually talking about the price right now) the problem of bitcoin is alarming which was high tx fee I was talking about. We may not feel it now but in the long run, unless something is done then we are clearly facing a bitcoin not meant to be spent.
newbie
Activity: 19
Merit: 0
January 12, 2018, 10:41:17 AM
#43
Yeah, this high fees are killing the bitcoins use as currency people are now looking to bitcoin as an asset to have and not a currency to use. I believe there is a big difference from what it used to be before.
newbie
Activity: 30
Merit: 0
January 12, 2018, 10:39:54 AM
#42
Honestly, I have friends who either have stopped putting their money in Bitcoin or have totally taken it out as they were expecting Bitcoin to be a convenient way to make/receive payments. Personally, I think they are right but at the same time, hoping that Bitcoin will overcome this big obstacle from its total domination in the Crypto market.
newbie
Activity: 2
Merit: 0
January 12, 2018, 10:39:39 AM
#41
First things first. This is topic is not to create a FUD rather a true talk to what is happening right now.

Can bitcoin get a hold to its investors to stay on him and keep believing on the power of the king?
For me, I can feel that investors are now turning their back against bitcoin because of this main reason. Tx Fees are very high and slow. It is not practical to be used on daily transactions which I think the first purpose why bitcoin was created.

Bitcoin is simply a commodity and is limited, the question is why are there millions worth of pictures, simply because it is finite and the whole bitcoin is so limited for the whole People in the world, that is the reason bitcoin will also increase a lot.




hero member
Activity: 1036
Merit: 514
January 12, 2018, 10:38:06 AM
#40
Tx Fees are very high and slow. It is not practical to be used on daily transactions which I think the first purpose why bitcoin was created.

Indeed, current fee is pretty expensive and it takes a long time to be confirmed unless we are willing to pay higher fees.
But considering the development and acceptance, bitcoin can hold its value above $10,000. It's pretty impressive though.
The only thing that may push bitcoin to fall down if Big countries ban cryptocurrency trading, such as current issue about South Korea news.
However, in the long term, bitcoin will regain its value and rise again due to the usability and originality of bitcoin as the first cryptocurrency.
hero member
Activity: 3052
Merit: 651
January 12, 2018, 10:29:54 AM
#39
It is not really about that "not trusting" bitcoin.
Every investors wants profit and we want it to be at a higher level.
This altcoins can give that to us. So what could happen?
By this people buying altcoin using bitcoin then the bitcoin he used will be in the air. That is just the same as a dump.
Regarding the slow transactions, it would matter more with merchants.
newbie
Activity: 3
Merit: 0
January 12, 2018, 10:29:41 AM
#38
I think bitcoin will still rise, more people will join bitcoin over 2018
newbie
Activity: 19
Merit: 0
January 12, 2018, 10:27:59 AM
#37
As bitcoin is facing a problem right now, I would be changing the percentage of my portfolio. I still believe in bitcoin, but it would not be wise not to go and hunt a much more good fish in the market.
full member
Activity: 476
Merit: 124
January 12, 2018, 10:27:41 AM
#36
In my opinion, every dip is a golden opportunity. This is a good time to buy and accumulate more BTC for long term profit. For now, bitcoin is still king because it is the brand of cryptocurrency itself. It is the entry point to the crypto world. Development is undergoing right now to further improve its technology. Once, lightning network has been implemented, surely the price of BTC will soar high to the moon.
member
Activity: 280
Merit: 10
January 12, 2018, 10:23:07 AM
#35
yes. you can hold bitcoin. hold to die  Grin Grin Grin
full member
Activity: 420
Merit: 100
Harmony for One and All
January 12, 2018, 10:20:56 AM
#34
Right now in my view best portfolio holding in cryptocurrecy means 20 - 30 % in BTC and remaining mostly in ETH and small portion in ICOs or alts. That will be the best growing and diversified.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
January 12, 2018, 10:16:45 AM
#33
i am convinced that most of the transactions we see in the mempool are spam attack transactions possibly done by the miners themselves to increase their revenue by creating a fee competition that increases it. with more mining decentralization this will stop and also they can't keep it up forever.

and as you can see bitcoin is holding. you may not see the rational behind it but that doesn't matter, it is happening. that is what matters.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
January 12, 2018, 09:58:50 AM
#32
First things first. This is topic is not to create a FUD rather a true talk to what is happening right now.

Can bitcoin get a hold to its investors to stay on him and keep believing on the power of the king?
For me, I can feel that investors are now turning their back against bitcoin because of this main reason. Tx Fees are very high and slow. It is not practical to be used on daily transactions which I think the first purpose why bitcoin was created.
Bitcoin $ 14,000 right now. When the market starts recovering promising strong growth in the coming time, this will be a good time to own bitcoin and hold. This would be a good choice because the king would always be the king,
sr. member
Activity: 1008
Merit: 355
January 12, 2018, 09:53:12 AM
#31
First things first. This is topic is not to create a FUD rather a true talk to what is happening right now.

Can bitcoin get a hold to its investors to stay on him and keep believing on the power of the king? For me, I can feel that investors are now turning their back against bitcoin because of this main reason. Tx Fees are very high and slow. It is not practical to be used on daily transactions which I think the first purpose why bitcoin was created.

I understand what you are trying to convey. There is no doubt that Bitcoin right now is not what we want it ti be and frankly it has become a big disappointment. However, we have to remember that Bitcoin is essentially a decentralized kind of thing with nobody can be claiming to be its supreme head unlike other cryptocurrencies like Ethereum which has a figure head. I still believe that this is just a temporary obstacle that Bitcoin will eventually hurdle successfully but it will really take some time and maybe even some disunity within the Bitcoin community. Had I wish that Bitcoin has a leader which has an authority to speak and decide for the whole network and project.
sr. member
Activity: 812
Merit: 250
January 12, 2018, 09:49:23 AM
#30
bitcoin hold makes your money more profit and you fullfill your dreams
Holding of bitcoin will really help you to make more money and more profit. In addition to that, holding of bitcoin is one of the best way to earn high income and it is very effective if you want to earn much income. Lastly, just hold and wait for the right time to sell your bitcoin.
legendary
Activity: 1904
Merit: 1074
January 12, 2018, 09:40:23 AM
#29
Investors are not worried about Bitcoin being used as a currency, they want it to be used as a Store of Value. It would help to

push the price, if Bitcoin could do both. As it stands, Bitcoin is failing as a currency, because greedy miners are exploiting the

temporary scaling problems with Legacy Bitcoin use. SegWit should have been adopted by now, but politics are stalling the

implementation of SegWit on the merchant side. We are losing this battle, but the war is far from over... the secret weapon is

going to be the Lightning Network. {The Nuclear bomb, ending the War}  Grin
member
Activity: 112
Merit: 10
January 12, 2018, 09:32:16 AM
#28
Bitcoin is still the main cryptocurrency and when we will see the announcement of Lighting Network its price will reach new heights in value.
Lightning network is usable right now. There won't be a lightning network release, there will be a slow and gradual adoption period.
full member
Activity: 560
Merit: 100
January 12, 2018, 09:30:16 AM
#27
First things first. This is topic is not to create a FUD rather a true talk to what is happening right now.

Can bitcoin get a hold to its investors to stay on him and keep believing on the power of the king?
For me, I can feel that investors are now turning their back against bitcoin because of this main reason. Tx Fees are very high and slow. It is not practical to be used on daily transactions which I think the first purpose why bitcoin was created.


I think, what you say is true. is there a solution for this? to reduce the value of transaction costs and the delays that occur most often. this is a problem we must solve together.
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