Honestly, do you guys think cryptocurrencies will be gone anytime soon? - page 8.

Sadlife

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Quote from: s92225 on October 11, 2019, 10:57:59 PM

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

just because you did not trade your bitcoin and the market don't go the way you look at it is enough reason to ask Cryptocurrency will gone soon?is this fair for the whole market?if you are in doubt then sell your bitcoin and go out of crypto trading because this market serves as future investment and not something can bring you fortune overnight.

about your question?of course i dont believe that crypto will gone instead this will go far behind your imagination.we cannot tell but maybe tomorrow or before the year end we will be seeing another bull that will go more than 2017,who can tell?

Darooghe

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I think Bitcoin will bouncing off the $20,000, but the timing is difficult to hit with any accuracy because it depends upon so many factors. That said, the general pressure is down, and will likely continue to be that way until we pass through complete demoralization. I don't see that happening until at least May 2020, but it will more likely take longer than that. The last bear market was 15 months and I think this one will be longer.

In my opinion a key factor will be the resolution of the tether situation. There is an open criminal investigation into price manipulation, and until that investigation bears fruit or is laid to rest, it will cast a shadow over the market. I personally think that there is substantial evidence to support the view that unbacked tether issuance has been used and is still being used to pump up bitcoin.

Murat

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I don't think, day by day we are getting dependent on the internet, our lifestyle, monetary facilities, security and so many aspects of our life so in the currency segment I think this cryptocurrency will be the main platform of the monetary system in the future, of course, Bitcoin will be the key to this platform, look, a lot of people who don't want to go to the Bank for reserving the money, I know a group of people who hate bank for the various reasons, they don't want to reveal their transaction to the people, in this context, cryptocurrency provides a smooth and hidden transaction opportunity, that is why cryptocurrency will be the most popular monetary tool in the future.

josephrioveros123

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this is what is called risk and wherever the risk will always be there, this cryptocurrency currency can disappear at any time, but as long as the internet and electricity are still there then cryptocurrency and other digital currencies will not be easy to disappear.

Yes crypto currency is a risk but I think it will not disappear unless there would be no internet and electricity. As what you have said. Because the industry is still growing and growing. I think the prices will slightly grow up it will god down for a moment but will eventually grow up again because of the number of the growing number of users. Maybe we should just help in seeing what is the scam to avoid user to be scammed so that more investor will be wanting to invest in this industry. And when that happens I think the price of bitcoin will go higher.

Eugenar

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Quote from: joinfree on October 17, 2019, 08:29:31 PM

It's been over a decade already mate, cryptocurrencies is here to stay so let's all do our best in pushing the agenda of adopting cryptocurrencies in the near future. We can start by educating the very people around us such as family, friends, loved ones etc. about the use of cryptocurrencies and blockchain technology.

Right at the moment, I cannot see or find any holes that might be the reason why cryptocurrency will be gone anytime. It is fully functional, everyone likes it, and it is a good investment platform. Even if we consider the bitcoin supply or volume to be mined will going to ran out soon, it is still profitable and expected to have huge market value in the future. Moreover, adoption to altcoin is evident and cannot be stopped.

joinfree

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It's been over a decade already mate, cryptocurrencies is here to stay so let's all do our best in pushing the agenda of adopting cryptocurrencies in the near future. We can start by educating the very people around us such as family, friends, loved ones etc. about the use of cryptocurrencies and blockchain technology.

harizen

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Quote from: s92225 on October 11, 2019, 10:57:59 PM

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

Let's put it this way, you need to continue lurking in the world of crypto for you to understand the whole aspect of involving ourselves in crypto.

If you based on the price to generalize everything, you will really end up having lots of questions and doubts about crypto as a whole. Don't know what kind of train you see for you to notice that there's no hype. Should we really need a hype in the first place?

jhonjhon

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If you say cryptocurrency that means it includes bitcoin and altcoins. As for bitcoin, I can say that it is here to say for sure, it has been around for years now and it seems that a lot is now interested in bitcoin thus, the demand will continue to increase in the future. The only things that can make bitcoin gone is if no one will want it anymore but I doubt it. As for altcoins, it depends on what altcoin, there’s a lot of altcoin coming out and there’s already some who were gone, so if incase you’ll invest in an altcoin make sure that it is something that is worth the trust and effort or else you’ll just wasting money.

Capt00

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Quote from: Bttzed03 on October 12, 2019, 01:25:07 AM

Quote from: s92225 on October 11, 2019, 10:57:59 PM

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year.

The hype train was long gone after the 2017 bull run.

Quote

I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

Since you already mentioned that you have been buying bitcoin only, maybe it's a good idea to just stick with that plan. There is a slight chance that we see altcoins pumping 3x or 4x again with the increase of bitcoin's dominance.

If you still insist on altcoins, you can follow tbct_mt2's suggestion. If you're going to ask what altcoins you should invest into, it's probably best to just look on your own because you might end up with people shilling their own bags.

The safest coins for me is bitcoin so if you will invest on cryptocurrency then better invest it on something safe & worthy. I’m not saying altcoins aren’t worthy but lets face it, no altcoin has never been so close to what bitcoin is now. We already see a lot of altcoins come and go but bitcoin is still here going stronger and stronger so might as well invest in bitcoin only or if you really want to invest in altcoins then it’ll be fine but make sure to invest on top altcoins.

Orange Mango

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No, they are here to stay for sure. Just natural improvement of things over the years. It is a digital age the age f technology why would we still be using physical money anymore?
Everything is digital these days that once not so long ago were all not digital. The blockchain technology is safe and can be trusted. I have more trust in bitcoin than fiat.

rodel caling

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I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
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Honestly in my own opinion until the new technology atill exist bitcoin never gone I suggest for op do not lost hope up and down the price of bitcoin is normal so better to learn well what is bitcoin all about digital ceypto currency you can get a lot of knowledge to avoid doubt of this new form of money in the future.

Nhor1011

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So far bitcoin already 10 years in crypto space and for me it will stay for a long period of time. It has huge demand and really helped many people especially those who don't have work only depends on crypto. If you learned about bitcoin i think your doubt will gone. Just enjoy investing and trading bitcoin to get profit and avoid negative thinking it won't help you to succeed in crypto space. But for altcoins i think the weakest will disappear,not all will stay in crypto market for so long.

Shasha80

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I am very confident about the future of cryptocurrency, especially bitcoin, and I have never even thought of cryptocurrency will be gone
anytime soon. Many people think that way because they may be new to bitcoin or they may not have the experience and knowledge about
cryptocurrency. Because for people who already understand, learn, use bitcoin, there is no doubt that bitcoin has tremendous potential for
humanity's life in the field of technology. So a positive community that supports bitcoin like This bitcointalk forum members are sure of the
future of bitcoin, so if there is more money, bitcoin must be bought for hold for long-term investment.

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bitcoin can indeed go whenever it wants but you must know that bitcoin will not easily disappear because bitcoin has very high demand and very many users, when there is a disaster happening on earth and there is no electricity or the internet then bitcoin is only temporarily dead while bitcoin is still on the internet.

radjie

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Quote from: s92225 on October 11, 2019, 10:57:59 PM

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

bitcoin is one of the best cryptocurrency to use as a form of long-term investment, many people believe that in the future bitcoin will be more valuable, even today bitcoin is still being developed. therefore if we feel confident to put some of the money we have in it, it is very likely that in the future we will feel the benefits derived from the investments we make in it.

BitHodler

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Quote from: ufaiz50 on October 17, 2019, 11:59:13 AM

Conversely if the user's trust drops, then the value can also be destroyed. So cryptocurrency can be gone at any time, but conditions where users no longer trust cryptocurrency will be achieved first.

Bitcoin won't ever be "destroyed", even not if it ends up tanking back to 3 or even 2 figure levels---there will always be a niche market where Bitcoin will be the in-demand currency, similar to how Bitcoin was used within SilkRoad.

The trust you are talking about is relative too, because in most cases it's all related to the price action---where price up means people have a lot of confidence in Bitcoin, but when it drops by 10% the same people suddenly start to worry.

OGs have always believed in Bitcoin's capabilities as decentralized/censorship resistant money, where the price was less relevant because they didn't see it as an investment asset, but as a tool to obtain freedom.

shield132

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I guess some years ago there was huge hype on computers too when they were new thing and hard to access but it doesn't mean demand on them is or was decreased, no, opposite happened. There isn't hype but is huge demand and massive usage on them. So can say the same on bitcoin, there was hype on it when price skyrocketed from 600$ to 20K, yeah, it was really sensation but now it's not like that and it doesn't mean cryptocurrencies will disappear in near future. No, they are innovative things which are gaining roots everyday more deeply, every service tries to integrate them and people see some hope in crypto unlike USD which is massively printed.

bharal07

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Quote from: s92225 on October 11, 2019, 10:57:59 PM

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

It depends on the investors, because they buy bitcoin and other currency exchanges.
And it also depends on their strategy if they continue to buy bitcoin even if it is about to disappear, which is a good strategy to buy when it is low.

ufaiz50

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Quote from: s92225 on October 11, 2019, 10:57:59 PM

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

Iif the investment is profitable, I will invest. From my view blockchain technology is very profitable, just how we can put these investments in the right place. We have many digital currencies that use and develop blockchain technology, it will be very difficult if we do not understand crypto itself. Bitcoin is currently dominating the market, it might be a good place.

The beginning of bitcoin value was very low, now has a high value. from here we can see changes in people's values and beliefs. Conversely if the user's trust drops, then the value can also be destroyed. So cryptocurrency can be gone at any time, but conditions where users no longer trust cryptocurrency will be achieved first.

Argoo

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Quote from: s92225 on October 11, 2019, 10:57:59 PM

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

The cryptocurrency market is developing cyclically, with periodic periods of ups and downs. Now it’s just a period of relative calm and nothing more. I do not see any threat to the existence of cryptocurrency. We have problems with the activities of ICOs, however, they are temporary and the market will surely find a way to solve them. Now there is a gradual legalization of cryptocurrency by states and this process has a positive effect on its popularity.
Since the price of bitcoin and other cryptocurrencies has been practically in place for quite some time, and a long pause is not peculiar to this market, given that we entered the last quarter of the year, I think that we will soon see good news.

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