What has changed? Is it moving forward? - page 3.

Pattart

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Quote from: SaShiRaJaVu on February 28, 2019, 10:16:44 PM

Quote from: cryptomous on January 15, 2019, 08:59:59 AM

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.

You are stating that you are in the bitcoin market for a long time and are you telling that you missed out on the rally in 2017 since you said you are coming back after a few years and that means you were in a comma to miss the big rally that everyone witnessed. The market is in the same situation where you left but with a much bigger valuation and the market might rise again in a couple of years.

There isn't much difference from bitcoin, actually. the most obvious difference in terms of price. Of course you are very surprised when you see the current price reaches $4k right? even though in 2014, prices were still very low. and of course you missed the big pump last year, that's a pity, but it's okay. You can invest again and look for other opportunities

karloscimot

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Quote from: TIDOVEE on January 15, 2019, 04:29:47 PM

The major problem with crypto currency now is the bear market, which is part of its specifics.
Many crypto users are really lamenting now because it has affected market value so much that selling most coin now is almost a waste. And I think we just have to be patient. There is light at the end of the turned.l

we should understand that the market is falling. but we also understand the price decline is temporary, if we want to wait for sure the market will move up in accordance with the situation that occurred. price movements do move very fast, if we are good at responding then we can still get a profit.

SiDtHeBeSt

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Cryptocurrency will never replace fiat but most probably will remain as an investment thing for people and yes it somewhat changed the financial part of the world when prices peeked up and also dropped down hard. I have no idea where Bitcoin will go on the near future.

matchi2011

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Activity: 1456

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Buy $BGL before it's too late!

Quote from: ?? on ??

If we compare crypto currency from 2014 to present will it is very well improved. Although 2018 has struggle but it is far compare 2014, i mean market recently is good enough for me. And most are used crypto as investment for the future.

The move of the cryptocurrency market has slowed down in 2019 due to the trend of investment is lost, and the investors had not interested in the cryptocurrency market. The year 2019 is not good for cryptos to increase at the price I think.

With certain small rise, it's only giving investors an idea that anytime the market can recovers, there's a less interest indeed as 2018
didn't performed well and a lots of frustrated weak holders lose their money because of lack of knowledge, it can still be a progressive
movement within this year before we see the actual bull to bounce back.

Sexie

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Quote from: cryptomous on January 15, 2019, 08:59:59 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

You are already catch up my friend . Bitcoin as a store of value for a long term investment. They also consider it as an asset as bitcoin deposited on your own wallet. A kind of propertty , as being a commodity that you can go by trading. A currency that could be used in exchange and as a mode of payments.

MonaLeeTracy

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Quote from: cryptomous on January 15, 2019, 08:59:59 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

We all know, of course, that the difference in the current market with the market is certainly very different. the problem is that the crypto market has now developed, and of course many people are interested. so for now we don't stop crying into crypto. the problem is the opportunity is before our eyes

semobo

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The price of bitcoin from 2014 to now changed a lot but still it an investment not accepted as currency in most part of the world.In my opinion the very volatile price nature of the bitcoin is the probelm being adopted not the speed of transaction at first cause.

FIFA worldcup

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Quote from: radjie on February 26, 2019, 11:19:40 AM

Quote from: Webberson on February 26, 2019, 07:11:01 AM

Quote from: cryptomous on January 15, 2019, 08:59:59 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

Well, since you said you have been away for 3 years now, it will interest you to know that cryptocurrency attained a great height in 2017, in terms of price. But from the time you started which is 2014 to the current day that we are in right now, it can still be said that cryptocurrency has not actually changed, but has rather gained more recognition and acceptance.

to date, cryptocurrency has become very familiar to internet users, and has been the talk of many people because many people got rich in 2017 yesterday because the price has surged beyond expectations of all its users

Yes, 2017 was the year when many people got rich and everyone wished they could have also got some profit from that rally. Those who missed out at that time will really be regretting now.

Quote from: SaShiRaJaVu on February 28, 2019, 10:16:44 PM

Quote from: cryptomous on January 15, 2019, 08:59:59 AM

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.

You are stating that you are in the bitcoin market for a long time and are you telling that you missed out on the rally in 2017 since you said you are coming back after a few years and that means you were in a comma to miss the big rally that everyone witnessed. The market is in the same situation where you left but with a much bigger valuation and the market might rise again in a couple of years.

I think we will get next bull near 2020, and it will be bigger than the one in 2017. Only those who show patience now and not panic sell, will get benefit for it in the long run.

steveabrahams

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Activity: 1050

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Quote from: cryptomous on January 15, 2019, 08:59:59 AM

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

Combined all of them, the problem is not only about the speed of transaction, there are other problems too. In my opinion bitcoin still same like the old time, the different is more people start knowing about bitcoin and learn about it, also find an opportunity in bitcoin too.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: radjie on February 26, 2019, 11:19:40 AM

to date, cryptocurrency has become very familiar to internet users, and has been the talk of many people because many people got rich in 2017 yesterday because the price has surged beyond expectations of all its users

Nah those are transient pump and dumps. Nothing to be worried or surprised about. The pump of 2017 was due to the tether manipulation and also the social media going viral about crypto which accelerated the pump. Now since its not doing that anymore there is no such "inorganic"/manipulated pump. That is why this is a good level to buy in and the support at this level of 3.8k USD is pretty good but feel free to place buy orders at lower prices as well.

The bottom line is that there will be transient pump and dumps but the future price of bitcoin will rise due to deflationary system of bitcoin. Hence without doubt it is a coin would stocking up on and not wasting a single satoshi.

SaShiRaJaVu

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Activity: 1694

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Quote from: cryptomous on January 15, 2019, 08:59:59 AM

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.

You are stating that you are in the bitcoin market for a long time and are you telling that you missed out on the rally in 2017 since you said you are coming back after a few years and that means you were in a comma to miss the big rally that everyone witnessed. The market is in the same situation where you left but with a much bigger valuation and the market might rise again in a couple of years.

Best Dreams

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Activity: 1008

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Quote from: MiguelCryptoss on February 26, 2019, 07:01:45 AM

Quote from: Andam76 on January 15, 2019, 08:02:57 PM

in general, people invest in bitcoin for the long term ... but in some developed countries they also use bitcoin as a transaction tool ...

Though one could say that Bitcoin is gradually replacing fiat and in another scene Bitcoin has replaced fiat in terms of transaction. So, in my opinion Bitcoin is moving very fast and sooner than later it will replace fiat.

Exactly now no is agree to use fiat because they have got better option than that so why would be spend their time and money to buy things while they can Oder anything online with help of bitcoin so same as you I am very sure bitcoin has almost replaced fiat and it is getting ahead in market for rapid increase in price and volume.

radjie

sr. member

Activity: 1792

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Quote from: Webberson on February 26, 2019, 07:11:01 AM

Quote from: cryptomous on January 15, 2019, 08:59:59 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

Well, since you said you have been away for 3 years now, it will interest you to know that cryptocurrency attained a great height in 2017, in terms of price. But from the time you started which is 2014 to the current day that we are in right now, it can still be said that cryptocurrency has not actually changed, but has rather gained more recognition and acceptance.

to date, cryptocurrency has become very familiar to internet users, and has been the talk of many people because many people got rich in 2017 yesterday because the price has surged beyond expectations of all its users

mikaeltomcruz12

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Activity: 556

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For me the reason is not all shops are pull fledged operational using vitcoin for payment some are using for a teial if bitcoin will be legalized to all country, I think the transaction will be faster.

Webberson

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Quote from: cryptomous on January 15, 2019, 08:59:59 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

Well, since you said you have been away for 3 years now, it will interest you to know that cryptocurrency attained a great height in 2017, in terms of price. But from the time you started which is 2014 to the current day that we are in right now, it can still be said that cryptocurrency has not actually changed, but has rather gained more recognition and acceptance.

Ayiranorea

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Activity: 1246

Merit: 255

Leading Crypto Sports Betting & Casino Platform

Quote from: logicgate on February 25, 2019, 03:20:50 PM

Quote from: dongyi17 on February 25, 2019, 05:51:27 AM

Quote from: cryptomous on January 15, 2019, 08:59:59 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

Some people expect when they invest in crypto they will earn fast and more profits, but its defend in the market situation and how many people use cryptocurrency, for me investing in cryptocurrency is a long term investment. You need courage and patience to do this.

Nothing happens faster or in days because if you are planning and hoping to have something bigger for this you will have to wait for fruitful result, otherwise being rush to reach your goal you will get distracted or you can take wrong decision which is all about lose, to prices in market are getting better now and things are getting back to the track to have patience and wait please.

This is common with everything, when related to cryptocurrency one needs much more patience to achieve big. In the mean sometimes in the long run results might go against our prediction. It is us who take the necessary steps to stay active in the market overcoming the price variations. Maybe it is difficult for users, but it is achievable and lot many have followed it while very few on luck has profited big in short or even within weeks.

MiguelCryptoss

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Activity: 244

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Quote from: Andam76 on January 15, 2019, 08:02:57 PM

in general, people invest in bitcoin for the long term ... but in some developed countries they also use bitcoin as a transaction tool ...

Though one could say that Bitcoin is gradually replacing fiat and in another scene Bitcoin has replaced fiat in terms of transaction. So, in my opinion Bitcoin is moving very fast and sooner than later it will replace fiat.

needtor22

copper member

Activity: 294

Merit: 0

I think you can invest in bitcoin now, because now the price of bitcoin is also still relatively cheap, so for me right now it's also an opportunity to get more profits by waiting for a while with a higher bitcoin price.

XZERO1

member

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Merit: 33

Cryptocurrencies may not replace fiat in the foreseeable future, but I think they will be used more and more gradually by normies (because of some newer coins that are entering the market that are both easy to use and fast), specially when they know they will be immune to devaluations by holding crypto if the time comes and we see another financial crysis.

DigitalCyberius

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Activity: 129

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A look at https://coinmarketcap.com/ for Bitcoin over the last 3 years should give you a good piece of the picture. It saw a lot of hype last year that saw it rise to around $20,000 per BTC, and then towards the end of the year it epically crashed losing the majority of that value, and has been on a long bear market ever since, though it's gained some value over the last month. For the most part, it seems to have turned into a investment instrument, probably best for active trading if you have good tools and know what you're doing. Some people have been saying that blockchain has more potential than crypto. There's been a ton of hacks on exchanges, and some issues with blockchains found and exploited. Ripple seems to keep getting institutional investors to join it. Different countries have talked about creating national cryptocurrencies. Regulations have come and changed.

Probably won't replace fiat, unless a government body decides to make centralized tokens mandatory... in which case it's still not really replacing it. It may slowly be accepted by some stores here and there as an alternative payment, but replacing fiat... eh.

Hope that helped a little bit,
Have a good day,
The Cyberius team.

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