Topic: What has changed? Is it moving forward? (Read 19085 times)

Quote from: TheUltraElite on March 16, 2019, 03:50:20 AM

what is your reason stopped for 3 years from crypto? I think you have lost a golden opportunity, BTC has reached 20K in 2017, if you have a lot of assets, then you can harvest big.

That is if they sold at that all time high price of 20k and cashed it out as well. Most people did not do so because they were euphoric seeing the huge price rise and forgot to sell. Also dont forget that the 2017 pump was due to several reasons Tether manipulation and BCH fork being a few of them. After that the dump did not allow much of a bull run to start.

That year 2017 is the most fruitful so far for the Bitcoin investors and other alternative crypto investors because the price of Crypto Currencies soars so high but there are also some people who lose so much because of the extreme hype that is going on that year. Never heard or read about that Tether manipulation that year, I guess I'm not just well informed enough lol. Grin

yes, until today BTC is still difficult to get legality from the world, but, slowly the progress of BTC is able to compete with global currencies. and will begin to be accepted by several world industries, and banks.

We are all hopeful of such things in the distant future. For now let us imbibe the common folk with the fundamental concepts of bitcoin and imbibe in them a sense of usage for the same. I believe we can make a difference if we do it properly and then bigger adoption will follow suit.

The mass adoption of Bitcoin is still not happening after 10 years of its creation but the progress and development of this technology are steadily growing and there are a lot of blockchain systems that are sprouting all over the crypto space with some additional features. Cool

TheUltraElite

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So anyway, I applied as a merit source :)

what is your reason stopped for 3 years from crypto? I think you have lost a golden opportunity, BTC has reached 20K in 2017, if you have a lot of assets, then you can harvest big.

That is if they sold at that all time high price of 20k and cashed it out as well. Most people did not do so because they were euphoric seeing the huge price rise and forgot to sell. Also dont forget that the 2017 pump was due to several reasons Tether manipulation and BCH fork being a few of them. After that the dump did not allow much of a bull run to start.

Quote

yes, until today BTC is still difficult to get legality from the world, but, slowly the progress of BTC is able to compete with global currencies. and will begin to be accepted by several world industries, and banks.

We are all hopeful of such things in the distant future. For now let us imbibe the common folk with the fundamental concepts of bitcoin and imbibe in them a sense of usage for the same. I believe we can make a difference if we do it properly and then bigger adoption will follow suit.

Viceroy

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You have not lost anything in these 4 years. Yes, more small (or not) Internet shops start to accept BTC. Governments of various countries are trying to find a way to regulate cryptocurrency. But it turns out bad for now. Basically, they only prohibit. BTC is an investment tool now. This is not a replacement for fiat at the moment.

gabbie2010

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Honestly there had been a lot of changes in your absence, mass adoption of bitcoin is ongoing the price had made significant rise (pumped), infact ATH was attained in 2017, there had been massive media coverage about bitcoin and also trading of bitcoin in various exchanges had increased tremendously, there are growing numbers of bitcoin traders, blockchain experts etc all these attested to the fact that bitcoin had changed and is growing continuously.

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Quote from: gesdan on March 08, 2019, 08:18:34 AM

In my opinion, the market for the bitcoin is very much down today and In Future, there is a possibility that the Bitcoin Market will Vanish and prices will never grow!!

Who told you this mate,,, who ever said that must be a scammer and you sounds like new investor with lack of knowledge, if you are new keep one thing in mind that crypto currency never dies as it has very strong background and it is being adopt by several countries as main source of payment, so it is now moving higher with day by day further adoption.

zee11225

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im stop using bitcoin too at 2014 and i regret it because i sell all of my bitcoin at 2014, at 2014 i have 0.8 bitcoin worth under $400 but i have sell my bitcoin right now i can get a lot of money i think more than $3000 and if is sell bitcoin when the price is in the high i think i can get more than $1000, hahaha i think bitcoin long term investment is good

Bitcoin is definitely moving towards a better, stronger and can be used in many countries, because bitcoin is projected to be a digital currency that is used simultaneously throughout the world.
It is not an easy thing, but the journey to that direction is in line, it only takes time to standardize regulations because there are differences that must be updated to be accepted by all.
Therefore, until that moment the price continues to fluctuate to correct and the ideal price is reached.

Canoppo99

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Quote from: cryptomous on January 15, 2019, 07:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

Bitcoin will not replace money, but gold will. There is no problem about the speed of transactions. Do you think bank transfer is faster than bitcoin? If you send money to outside of your country then it's also need time and high fees, more fee = faster. The progress is pretty good, few years ago we still find big problem in finding store that accept bitcoin but now there are a lot of store accept bitcoin, and the progress will keep growing until all stores accept bitcoin.

gesdan

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im stop using bitcoin too at 2014 and i regret it because i sell all of my bitcoin at 2014, at 2014 i have 0.8 bitcoin worth under $400 but i have sell my bitcoin right now i can get a lot of money i think more than $3000 and if is sell bitcoin when the price is in the high i think i can get more than $1000, hahaha i think bitcoin long term investment is good

Eko prasetyo

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Bitcoin in my own opinion, bitcoin as a store of value for long-term investment, to save assets They also consider it an asset because bitcoin is stored in your own wallet, and you are looking after it.
Bitcoin is a kind of tool as a payment system. Currency that can be used in exchange and as a mode of payment.

Stac

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2017 was a good time for all the investors of bitcoins as the price of bitcoins has reached up to $ 20000 USD, 2018 was a dull time for bitcoins and its investors, now again 2019 will be a good year as there are chances for the price of bitcoins will increase with a huge leap in the market, there are predictions for the price of bitcoins to cross 1 million USD and that will the highest price in the history of bitcoins which will attract more and more bitcoins users and the demand for bitcoins keeps on increases causing for the rise in the price of bitcoins. For long term investors this is a good investment option and there are more chances for huge adoption of bitcoins in the financial markets.

boyptc

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Quote from: gabmen on March 06, 2019, 10:45:50 AM

Quote from: boyptc on March 06, 2019, 09:20:05 AM

Quote from: maemunah on March 05, 2019, 10:01:09 PM

Quote from: cryptomous on January 15, 2019, 07:59:59 AM

There is no problem about the speed of transaction or the confirmation period whenever you send bitcoin to anyone.

It depends on how much your fee does.

not enough to be asked to change but at least there are changes little by little and I think it's pretty good and some are moving forward and it's very good I think going forward in the world of crypto is currently stabilizing market prices

in my opinion what has changed in bitcoin today is not perfect and I have not said that it is progressing because there are many shortcomings that have not been stable at this time in my opinion

It's not perfect for the meanwhile but it keeps on upgrading.

What are the shortcomings that you think that aren't stable at these times?

Definitely there are improvements since the last 3 years. Segwit and LN will make btc transactions better and faster than it was before. Shortcomings are a given especially since btc is still only 10 years and there's a very long way to go. For starters though i think we're doing pretty well.

We're doing pretty good for this year and it keeps on going.

Those criticism that we also got for so many years has been changing and people who are always against to it are starting to take back what they said and starts to love bitcoin.

Hoowallet.com

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Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

I was surprised, to be honest. One of my friends was involved in the crypto industry since 2014 and has strong faith in these digital currencies. Now he started a company and developed several products by his own team. Some foreign media always keep boasting about the popularity of crypto, but actually, just a very limited number of people know it and fewer engineers know it the underground running theory. So it's basically related to a person's philosophy. Some people hold crypto as a trending, while others think it's a disaster or threat to the current world and will extinguish very soon. So my suggestion is to be careful with everything related to investment. Don't count on overnight fortune.

St4yInTh3D4rk

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Quote from: bitbunnny on March 06, 2019, 03:48:37 PM

Quote from: St4yInTh3D4rk on March 06, 2019, 11:27:24 AM

It is still an risky investment because the price fell too much in the current bear run and people might not invest their money again due to the fear of losing the capital.But it is slowly getting recognized but not as currency but it will gradually happens in the future since we are just at the beginning of crypto currency era.

It's true, cryptocurrency era has just begun and there is still a long way to go. But people are expecting too much in too short period of time and don't have enough patience, that is when disappointment often appears. Many were carried away by the period of time when the price was very high thinking the price will only grow further but, of course, that prediction was wrong and many were turned back to reality very soon. Everything takes time and that refers to Bitcoin too.

When we are using the bitcoin completely off the purpose the meaning of its invention we can't blame it because it is our fault that to use bitcoin as an investment.It is a money which needs to be spend and keep circulated all over the place to know what we can get from adoption of decentralized payment system.

bitbunnny

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Quote from: St4yInTh3D4rk on March 06, 2019, 11:27:24 AM

It is still an risky investment because the price fell too much in the current bear run and people might not invest their money again due to the fear of losing the capital.But it is slowly getting recognized but not as currency but it will gradually happens in the future since we are just at the beginning of crypto currency era.

It's true, cryptocurrency era has just begun and there is still a long way to go. But people are expecting too much in too short period of time and don't have enough patience, that is when disappointment often appears. Many were carried away by the period of time when the price was very high thinking the price will only grow further but, of course, that prediction was wrong and many were turned back to reality very soon. Everything takes time and that refers to Bitcoin too.

SaShiRaJaVu

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Quote from: boyptc on March 06, 2019, 09:20:05 AM

There is no problem about the speed of transaction or the confirmation period whenever you send bitcoin to anyone.

It depends on how much your fee does.

Since he said he was a long time user and took a break, may be because of the market was not moving much at that time but he would have being back when the price started moving higher and touched the all time valuation, but instead he is back when the market is still struggling to make a move in either directions, the market has changed a lot since with speculative market and other factors and since he left before the fees and transaction speed issues there is nothing much to tell. The only thing that changed is that the price moved higher from what he left and there are a couple of forks to the bitcoin network which stands out and nothing else.

OlympianBitcoin

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Well... let's just wait for SWIFT to be abandoned and more novel solutions taking over. It doesn't mean everyone will jump into BTC but a portion of them may - and it only gets better from there

St4yInTh3D4rk

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It is still an risky investment because the price fell too much in the current bear run and people might not invest their money again due to the fear of losing the capital.But it is slowly getting recognized but not as currency but it will gradually happens in the future since we are just at the beginning of crypto currency era.

gabmen

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Quote from: maemunah on March 05, 2019, 10:01:09 PM

Quote from: maemunah on March 05, 2019, 10:01:09 PM

There is no problem about the speed of transaction or the confirmation period whenever you send bitcoin to anyone.

It depends on how much your fee does.

not enough to be asked to change but at least there are changes little by little and I think it's pretty good and some are moving forward and it's very good I think going forward in the world of crypto is currently stabilizing market prices

in my opinion what has changed in bitcoin today is not perfect and I have not said that it is progressing because there are many shortcomings that have not been stable at this time in my opinion

It's not perfect for the meanwhile but it keeps on upgrading.

What are the shortcomings that you think that aren't stable at these times?

Definitely there are improvements since the last 3 years. Segwit and LN will make btc transactions better and faster than it was before. Shortcomings are a given especially since btc is still only 10 years and there's a very long way to go. For starters though i think we're doing pretty well.

boyptc

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There is no problem about the speed of transaction or the confirmation period whenever you send bitcoin to anyone.

It depends on how much your fee does.

not enough to be asked to change but at least there are changes little by little and I think it's pretty good and some are moving forward and it's very good I think going forward in the world of crypto is currently stabilizing market prices

in my opinion what has changed in bitcoin today is not perfect and I have not said that it is progressing because there are many shortcomings that have not been stable at this time in my opinion

It's not perfect for the meanwhile but it keeps on upgrading.

What are the shortcomings that you think that aren't stable at these times?

maemunah

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