Topic: Five reasons 2018 could be the best year yet for cryptocurrencies. - page 6. (Read 1661 times)
March 18, 2018, 11:46:25 AM
Its better to leave btcs ecosystem because its not worth the time and reliability we spend on it
March 17, 2018, 02:41:39 PM
I do not even know what to expect anymore. Let's hope that the crypto-currencies will return to their former positions, I mean the end of 2017. Already a lot of negative news pushes the crypto currency to go lower and lower.
March 17, 2018, 01:50:46 PM
I think this year will be the worst year ever in the history of btcs. Don't know why but I think so
February 28, 2018, 05:38:30 PM
I think that Institutional Inverstors could be the driving force for a strong upleg of the whole cryptrocurrencies capitalization. Cryptland is a casino right now, but wall street is a much bigger casino which is running out of steam. It could well be that the big wall street whales decide that they can make more money by jumping into the crypto casino, in which case you would seem capitalization go to the roof.
The other four reasons i find less incisive.
The other four reasons i find less incisive.
February 28, 2018, 05:01:49 PM
I am also convinced that there are enough elements to think that the cryptocurrency market will experience an important growth in 2018, because once the market has learned to deal with the entry and exit of large capitals as it happened in 2017, this this year may be less volatile than the previous one, but I hope that its behavior will be much more stable, which could undoubtedly attract more institutional capital that will lead to gradual and consistent growth.
I have also been continuously reading better comments about the potential of this market in different media, so the fears of a total collapse seem to be waning.
I have also been continuously reading better comments about the potential of this market in different media, so the fears of a total collapse seem to be waning.
February 28, 2018, 04:27:20 PM
For me price of coins will pump but unfortunately not to the moon in 2018. I see some possibilities to do that when whole amount of bitcoin or practically all will be mined, then other coins will try to chase its price imo.
February 28, 2018, 04:22:44 PM
2018 might be a good year for some of the major altcoins, but I have my doubts about the performance of Bitcoin. Two of the major things Bitcoin needs to address is transaction speeds and fees. I have read articles about many businesses that have stopped accepting Bitcoin because of how volitile the price is on a minute-by-minute basis. It makes sense to me too. There is always a risk that by the time a transaction for a product has been made and the Bitcoin subsequently traded for dollars that the value has gone down and the merchant ends up losing money. I think now more than ever what Bitcoin needs is stability in its "value". I feel bad for the poor bastards who invested their life savings in Bitcoin when it surged to $20k just to have it shed over half its value in a matter of days. That may not be much to cry about for the Winklevoss twins, but for the common hard working man or woman, that must have really hurt.
If they invested in Bitcoin then they should have been aware of the potential risk. Bitcoin is slowly getting better in terms of scalability. Lightning Network is being developed, it will be used for small transactions that need to be inexpensive and fast. Right now, Bitcoin transaction fee is just 1 sat/b, it isn't really expensive. Valve and Microsoft stopped accepting BTC for some time but as far as I know, it's available again.
February 28, 2018, 04:03:19 PM
Last year was huge for crypto even though the future was uncertain. This year we have seen a ton of good news with governments accepting crypto as well as some major companies getting in on the action such as Microsoft, Bosch, Robinhood, etc. I'm with you. I think 2018 is going to be huge for crypto and I'm hoping the next 5 years will follow the same pattern. Right now things are pretty stagnant, but all this good news is just adding to the fuel. Once big money gets involved we will see another explosion.I will disagree on BTC dominance though. There are several exchanges such as Coinbase, Coss, Robinhood, FairX that are actively working towards creating more fiat to altcoin pairs. I believe this keep BTCs market share low. People will see BTC at 10K and XRP at $1 and will buy in on the low dollar value coins. That's just what I think at least.
February 28, 2018, 03:43:13 PM
I'd like to add point 6. A lot of this technology is actually going to start being used and with use comes a rise in value and with that a rise in price.
February 28, 2018, 02:36:10 PM
I'm sure it will happen. The demand on cryptocurrencies is rising dramatically, more and more people will be using them in the nearest future for transactions, trading and investing. Even if the governments introduce regulations about ICOs, we'll find another way
February 25, 2018, 02:47:32 PM
I have read articles about many businesses that have stopped accepting Bitcoin because of how volitile the price is on a minute-by-minute basis. It makes sense to me too. There is always a risk that by the time a transaction for a product has been made and the Bitcoin subsequently traded for dollars that the value has gone down and the merchant ends up losing money.
Merchants aren't losing anything due to the volatility, which is why I don't understand why they even use it as an excuse. In let's say, +95% of the cases, merchants make use of third party payment processors such as BitPay. BitPay takes care of everything when it comes to people using Bitcoin to pay for stuff. Merchants themselves don't even deal with Bitcoin at all -- they just get the fiat value of the Bitcoin transaction (minus the BitPay fee) on their bank account. Merchants however do have the option with BitPay to keep a certain part of every transaction in Bitcoin, but thus far I haven't seen any merchant do so and publicly talk about it.
That's a good point. Thanks for the info!
February 25, 2018, 02:20:52 PM
I have read articles about many businesses that have stopped accepting Bitcoin because of how volitile the price is on a minute-by-minute basis. It makes sense to me too. There is always a risk that by the time a transaction for a product has been made and the Bitcoin subsequently traded for dollars that the value has gone down and the merchant ends up losing money.
Merchants aren't losing anything due to the volatility, which is why I don't understand why they even use it as an excuse. In let's say, +95% of the cases, merchants make use of third party payment processors such as BitPay. BitPay takes care of everything when it comes to people using Bitcoin to pay for stuff. Merchants themselves don't even deal with Bitcoin at all -- they just get the fiat value of the Bitcoin transaction (minus the BitPay fee) on their bank account. Merchants however do have the option with BitPay to keep a certain part of every transaction in Bitcoin, but thus far I haven't seen any merchant do so and publicly talk about it.
February 25, 2018, 02:16:32 PM
Yup, scaling issues are one of the main problems now that does not allow to build cool complex apps that will be used by mass user.
February 25, 2018, 01:54:31 PM
You actually mentioned a very good reason that really has significant impact on crypto currency activities and i strongly believe that year 2018 will more better for crypto currency as compared to previous years.
February 25, 2018, 01:37:59 PM
Investing without any prior research and understanding of the market in question is always risky. Investing without risk doesn't exist.
Truth.
In most cases wealthy retired individuals follow that route in order to gain some form of annual interest over their capital. I personally have nothing against it if others are doing it, but I will never allow anyone to invest the money I worked my entire life for. The easiest way to make money is never a way to actually become wealthy.
I do agree with you. However, those companies are in it to make money as well. They make money when we invest our money with them. It is in their best interest to ensure they invest our money wisely. Still, you do have a point that there is always a risk.
We're getting there already. I am not exactly sure which firm it was, but I have seen coverage on TV where that firm has explained to invest in crypto on behalf of those who find it too risky to get involved in themselves. I think it's just a matter of time before this will expand further, where at some point even banks might get involved in this. Financial institutions are holding back due to the lack of actual regulations.
That is interesting. Now that you mention it, I think I may have also read somewhere that cryptos will be or are already being traded on some commodities markets. I will have to look further into that.
February 25, 2018, 12:39:18 PM
I don't feel the same. This isn't a playing ground. It's probably one of the most brutal markets out there. If you don't understand how this market works, and don't have a clue about what Bitcoin is or does, you are bound to lose big time. It's called gambling if you blindly put your money into something hoping that it will result in profits.
I get what you're saying, but in my opinion, it is just as risky to invest in the stock market if you don't know what you're doing. The main difference is that there are plenty of investment firms out there, such as TD Ameritrade and Fidelity, where people get paid to invest your money on your behalf. Bitcoin doesn't have that yet. I do agree with you that people who know nothing about Bitcoin and have pipe dreams of investing a few thousand dollars and becoming millionaires over night should not be taking this risk.
Well stock market's been here for ages already compared to cryptomarket which, at more or less 10years, is likely just moving away from infancy. People who have an idea or is educated in stock market trading have a very good chance of getting the knack out of btc trading easily. Bottom line is that you don't go to a gunfight not aware if you have sufficient bullets or not
February 25, 2018, 12:30:32 PM
I hope it will be a good year for cryptocurrency! The beginning of the year not very successful and caused a lot of panic, but I think closer to the middle of the year things will get better!
hopefully this year is a good year in the crypto world. although bitcoin prices dropped significantly earlier in the month and made investors panic, but now the bitcoin is starting to improve. I'm sure sooner or later the bitcoin will regain steady and soar again. February 25, 2018, 12:24:19 PM
in my opinion if somehow regulations would come the price of btc would stabilize and volatility would be reduced because the manipulation, pump and dump of coins would have a control.
February 25, 2018, 12:04:11 PM
I get what you're saying, but in my opinion, it is just as risky to invest in the stock market if you don't know what you're doing.
Investing without any prior research and understanding of the market in question is always risky. Investing without risk doesn't exist.The main difference is that there are plenty of investment firms out there, such as TD Ameritrade and Fidelity, where people get paid to invest your money on your behalf.
In most cases wealthy retired individuals follow that route in order to gain some form of annual interest over their capital. I personally have nothing against it if others are doing it, but I will never allow anyone to invest the money I worked my entire life for. The easiest way to make money is never a way to actually become wealthy.Bitcoin doesn't have that yet.
We're getting there already. I am not exactly sure which firm it was, but I have seen coverage on TV where that firm has explained to invest in crypto on behalf of those who find it too risky to get involved in themselves. I think it's just a matter of time before this will expand further, where at some point even banks might get involved in this. Financial institutions are holding back due to the lack of actual regulations. February 25, 2018, 11:52:56 AM
I don't feel the same. This isn't a playing ground. It's probably one of the most brutal markets out there. If you don't understand how this market works, and don't have a clue about what Bitcoin is or does, you are bound to lose big time. It's called gambling if you blindly put your money into something hoping that it will result in profits.
I get what you're saying, but in my opinion, it is just as risky to invest in the stock market if you don't know what you're doing. The main difference is that there are plenty of investment firms out there, such as TD Ameritrade and Fidelity, where people get paid to invest your money on your behalf. Bitcoin doesn't have that yet. I do agree with you that people who know nothing about Bitcoin and have pipe dreams of investing a few thousand dollars and becoming millionaires over night should not be taking this risk.
Well stock market's been here for ages already compared to cryptomarket which, at more or less 10years, is likely just moving away from infancy. People who have an idea or is educated in stock market trading have a very good chance of getting the knack out of btc trading easily. Bottom line is that you don't go to a gunfight not aware if you have sufficient bullets or not
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