Hey
I have seen communities rising up against the banning of bitcoins , people actually are now more informed and they are getting the hang of it , bitcoins is very important now and even government is realizing that , it's creating jobs for people and aiding the government , it's not against them , it's with them and I think the biggest achievement is getting really accepted by the governments all around the world .
It's getting legal and attaining more heights than ever , hopefully the price will shoot up soon.
Topic: What do you think of the current status of Bitcoin? - page 2. (Read 1340 times)
now bitcoin price is stable.because,now bitcoin price is around 7100$-7250$.i think it's time to buy and hold your bitcoin.i'm also now try to buy some bitcoin for future in this situation.
This year bitcoin has become open to the world.
Can you give some examples as to how?Quote
There are countries legalizing it this year.
I have been following the news and no such news came in front of the table. There would have been a huge pump in the market if that would happen. Care to share some light into this?Quote
Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes.
Those are some FUD statements which had been debunked long time back. Just that people like to repeat things over and over again.Quote
Speculations that bitcoin will be gone.
Funny thing is that the same people disappear when bitcoin price rises and become "dead" and comes back to "life" when prices drop again. Much like zombies. 
Quote
However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters.
Steady is good but traders dont like a sideways trading or a steady market. They want movement and lack of movement makes them desperate for more risky trades.Quote
Despite of everything, bitcoin still exist and will continue to exist.
Of course it will. It is decentralized and censorship resistant. 
This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.
bitcoin growth at this time does have many developments and also obstacles, but with the processes that have occurred I am sure growth will continue even though there are obstacles that occur are not an obstacle for bitcoin to continue to growLooking at the positive side, bitcoin is currently growing that some countries are now starting to recognize and studying about blockchain technology and cryptocurrency. Sooner or later, they might start working on adopting it. Though on the contrary, along side with its continuous grow, hacking and scamming is also increasing. They're creating more ways on scamming people. If more people adopts and move into crypto, bad people will also do the same.
bitcoin is now starting to appear in tv ads, football club jerseys, and even trains, even though the government is still half-hearted, but the wave of adoption from the millennium continues to move nonstop. As long as there is no role for special security from the government, the level of crypto crime will continue to vary. But whatever it is, in general many users are still comfortable with their assets without seeing anything negative. What it's sure, is that it's still very undervalued, it must be 20k-30k$ minimum !
I feel its quite not appropriate to expect too much from bitcoin at the moment, in the first place, we could see the market is too volatile and we couldn't blame the market price because we are the one that influence its change and rate. We have the chance and power to trade, buy and sell bitcoin, and it is upon us to think of possible ways we could help bitcoin for adoption.
If we think bitcoin is undervalued, then we should consider buying bitcoin and hodling it rather than just try to earn bitcoin without really contributing to the market price of it.
This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.
bitcoin growth at this time does have many developments and also obstacles, but with the processes that have occurred I am sure growth will continue even though there are obstacles that occur are not an obstacle for bitcoin to continue to grow
This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.
bitcoin growth at this time does have many developments and also obstacles, but with the processes that have occurred I am sure growth will continue even though there are obstacles that occur are not an obstacle for bitcoin to continue to grow
This year bitcoin has become open to the world. There are countries legalizing it this year. Many also bashes and speculations came crazy like the goggle having new technicalities so as to hamper bitcoin processes. Speculations that bitcoin will be gone. However, in terms of market value bitcoin is somehow steady on the 3rd and 4th quarters. Despite of everything, bitcoin still exist and will continue to exist.
not much different from 2016, only the value is different, but Bitcoin has increased more, everyone has begun to believe, including the government, 2019 is the starting point for Bitcoin to go to the moon.
I don't think that bitcoin is in a bad situation at all like we've seen it in 2018, this year we saw a good potential in bitcoin when the price goes up till 13k$ again, even this current status of bitcoin is normal, I think that the actual price of bitcoin right now is the lowest for this period and we're expecting a huge increase in the next few weeks or months. I bet that bitcoin's situation will be much better in 2020.
What it's sure, is that it's still very undervalued, it must be 20k-30k$ minimum !
Current status? Well, Bitcoin have achieved a lot this year, 2019. No one was expecting Bitcoin to go this far, I wasn't expecting the increase. I thought there was going to be an increase in 2018, and unfortunately there wasn't.
I thought this year was going to be the same thing due to experts were predicting there is going to be another fall for the market, then I was surprised, in April the price started to go up again and from $3000 to $13000 before settling for the current $7000 price. And it wasn't just for Bitcoin alone, some other cryptocurrencies did really well, like Chainlink. A lot of good things happened this year, plus ripple that has been able to secure a lot of partnerships.
The year started with the market being very low, and all of the sudden from April onwards there is good growth. Users who bought or invested during the starting months of the year have already taken their profits out of the investment. The year is pretty good more things happening positive with the cryptocurrencies. Though there isn't big growth with altcoins it is true that there is growth in all form. This means the progress in terms of adoption and real life usage is happening in large scale which assure growth in price and marketcap. I thought this year was going to be the same thing due to experts were predicting there is going to be another fall for the market, then I was surprised, in April the price started to go up again and from $3000 to $13000 before settling for the current $7000 price. And it wasn't just for Bitcoin alone, some other cryptocurrencies did really well, like Chainlink. A lot of good things happened this year, plus ripple that has been able to secure a lot of partnerships.
Current status? Well, Bitcoin have achieved a lot this year, 2019. No one was expecting Bitcoin to go this far, I wasn't expecting the increase. I thought there was going to be an increase in 2018, and unfortunately there wasn't.
I thought this year was going to be the same thing due to experts were predicting there is going to be another fall for the market, then I was surprised, in April the price started to go up again and from $3000 to $13000 before settling for the current $7000 price. And it wasn't just for Bitcoin alone, some other cryptocurrencies did really well, like Chainlink. A lot of good things happened this year, plus ripple that has been able to secure a lot of partnerships.
I thought this year was going to be the same thing due to experts were predicting there is going to be another fall for the market, then I was surprised, in April the price started to go up again and from $3000 to $13000 before settling for the current $7000 price. And it wasn't just for Bitcoin alone, some other cryptocurrencies did really well, like Chainlink. A lot of good things happened this year, plus ripple that has been able to secure a lot of partnerships.
I think that Bitcoin at the moment, it is primarily an investment tool. Yes, it can be called a currency, but such a currency with an extremely unstable rate, few people will want to pay on a daily basis. Therefore, while the Bitcoin exchange rate is unstable, this asset is similar to a stock. Perhaps in the future this will change. Technology and the idea that Satoshi Nakamoto gave to the world can fundamentally change the economy. Many unnecessary intermediaries will disappear, money transfers will become cheaper, faster. Therefore, for me, Bitcoin is primarily a flagship payment project that shows humanity the way to free settlements.
I just wanted to ask what you think we as a community achieved in 2019.
Despite some progress we are still having problems like this:
Study: Chinas BTC Miners Control 66% of Global Hash Rate
As recently reported by Cointelegraph, Bitmain and Canaan Creative are the top mining chip suppliers in China. Meanwhile, Bitmain appears on track to monopolize China’s crypto mining market as some reports claim that the company accounts for 75% market share of the crypto hardware market worldwide.
and these are the latest news about Bitmain:
Wu Jihan resurfaces as Bitmain Ceo after Co-Founder is Forced Out
the price may rise a lot, more people may enter the crypto world, but for a long time china's nightmare will haunt us
I just wanted to ask what you think we as a community achieved in 2019.
Despite some progress we are still having problems like this:
Study: Chinas btc Miners Control 66% of Global Hash Rate
As recently reported by Cointelegraph, Bitmain and Canaan Creative are the top mining chip suppliers in China. Meanwhile, Bitmain appears on track to monopolize China’s crypto mining market as some reports claim that the company accounts for 75% market share of the crypto hardware market worldwide.
and these are the latest news about Bitmain:
Wu Jihan resurfaces as Bitmain Ceo after Co-Founder is Forced Out
the price may rise a lot, more people may enter the crypto world, but for a long time china's nightmare will haunt us
2019 was another stepping stone for Bitcoin to move forward and to reach more achievements and success. This year was a long journey for Bitcoin but there were lots of improvements and adoptions which we should consider as an advantage for the better situation of crypto in the coming years.
This is a year also of realization to many crypto users and understand better what's going in the market. Adoption is growing every day and that means the demand of crypto is also growing. This year is really a long journey for bitcoin attaining a more stabilized value as compared to previous years of its existence.
2019 was another stepping stone for Bitcoin to move forward and to reach more achievements and success. This year was a long journey for Bitcoin but there were lots of improvements and adoptions which we should consider as an advantage for the better situation of crypto in the coming years.
This is a year also of realization to many crypto users and understand better what's going in the market. Adoption is growing every day and that means the demand of crypto is also growing. This year is really a long journey for bitcoin attaining a more stabilized value as compared to previous years of its existence.
atleast btc achieved that right ? to become less volatile . that is also my wish before and now this year was a succesor .
btc did seem to stabilize for a long time but the only problem is that its value dropped too much . my happiness were cut off tbh but what i can do ? the year is almost over so i can only expect for a better price increase next year . now for this moment . i think i wont acumulate more btc but id only wait to see if btc recover next year . that would be my go signal to start the year
I think volatility is still a major issue for everyone involved in bitcoin trading. Perhaps more liquidity to crypto market may solve this issue.
Quote
Bitcoin's price volatility has been a source of doubt about its narrative both as digital cash and as digital gold.
The path out of this stasis is murky. Bitcoin's volatility has increased, while the percentage of bitcoin engaged in the market has remained flat. If stability and liquidity are part of bitcoin's road to becoming a more mature asset, the year 2019 has been a period of arrested development.
Source
The path out of this stasis is murky. Bitcoin's volatility has increased, while the percentage of bitcoin engaged in the market has remained flat. If stability and liquidity are part of bitcoin's road to becoming a more mature asset, the year 2019 has been a period of arrested development.
Source
not much different from 2016, only the value is different, but Bitcoin has increased more, everyone has begun to believe, including the government, 2019 is the starting point for Bitcoin to go to the moon.
2019 was another stepping stone for Bitcoin to move forward and to reach more achievements and success. This year was a long journey for Bitcoin but there were lots of improvements and adoptions which we should consider as an advantage for the better situation of crypto in the coming years.
This is a year also of realization to many crypto users and understand better what's going in the market. Adoption is growing every day and that means the demand of crypto is also growing. This year is really a long journey for bitcoin attaining a more stabilized value as compared to previous years of its existence.
atleast btc achieved that right ? to become less volatile . that is also my wish before and now this year was a succesor .
btc did seem to stabilize for a long time but the only problem is that its value dropped too much . my happiness were cut off tbh but what i can do ? the year is almost over so i can only expect for a better price increase next year . now for this moment . i think i wont acumulate more btc but id only wait to see if btc recover next year . that would be my go signal to start the year
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