What has changed? Is it moving forward? - page 4.

logicgate

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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.

buwaytress

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Quote from: n0ne on February 25, 2019, 07:30:46 AM

The cryptocurrency market showed a sudden increase in the price all of the sudden and the same didn't last for a much longer time period. From the experts prediction it is said that the price seems to move forward and fall back as a Rollercoaster. Upon this there is nothing to get panic, the marketcap has reached a ten month high which assures growth.

I sincerely hope you never give advice to people or people listen to your technicals. Marketcap assures nothing...

Not that I'm ever going to defend experts, but to be quite fair, experts actually have been warning of a pullback, as early as Thursday. Saturday saw some people jump the gun and say they were wrong, but in fact I was actually surprised to see the majority of weekend TA say a pullback was likelier. And it happened.

Oceat

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Quote from: alina345 on February 25, 2019, 08:41:13 AM

well, it hasn't changed much except more people know about it now.
More people are aware of this digital currency now and some Merchants and shopkeepers have started to accept them but
it's not going to replace fiat anytime soon or I should say never. Majority of the world population still believe in fiat. Bitcoin is good and maybe its value go up in the future but it's still a million miles away from replacing fiat.

Changing fiat to cryptocurrency might not work that way but if these two would collaborate then that would be another good idea to promote both fiat and cryptocurrency. Most people doesn't know what is cryptocurrency is and what is Bitcoin actually, that's why they prefer fiat instead of crypto.

alina345

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Hello =)

well, it hasn't changed much except more people know about it now.
More people are aware of this digital currency now and some Merchants and shopkeepers have started to accept them but
it's not going to replace fiat anytime soon or I should say never. Majority of the world population still believe in fiat. Bitcoin is good and maybe its value go up in the future but it's still a million miles away from replacing fiat.

n0ne

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The cryptocurrency market showed a sudden increase in the price all of the sudden and the same didn't last for a much longer time period. From the experts prediction it is said that the price seems to move forward and fall back as a Rollercoaster. Upon this there is nothing to get panic, the marketcap has reached a ten month high which assures growth.

purple.thoughts

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Cryptocurrencies are still in the market now and there are still so many kinds of tokens released from the market nowadays. Is I think, cryptocurrency still continue to move forward make its price high in the market. There are just other crypto that hit its price very low this year just like bitcoin and other. Best advice from me is to invest first a small amount of money to know if you will be able to get back your investment from it.

dongyi17

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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

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.

thesmallgod

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Quote from: sapnu on February 22, 2019, 11:14:03 AM

Quote from: dothebeats on January 15, 2019, 10:56:27 AM

It has become an investment vehicle more than a tool that is replacing fiat. Almost all regulations covering cryptocurrencies are also related on it being an asset/investment rather than a transactional currency, so not much has changed. Price wise, it has changed drastically, though I think it's an improper metric to gauge whether bitcoin has become successful or not.

Overall, I'd say bitcoin changed for the better, at least when comparing it to 1014 market conditions.

in terms of price as of now, it's still not good for everyone after we experienced the bull run last year. We are all waiting for that to happen again. Cryptocurrencies and ICO's will rise up again. Just dont lose hope and keep on supporting Crypto to have more investors.

Everyone might be waiting for the next bull run but that certainly will not improve the reliability of the cryptocurrency because the bull run will not continue for life, meaning crypto will still end up struggling after the end of any bull run. The most important thing is to be bringing up an idea that will strengthen the cryptocurrency through more acceptability globally. This is the only way forward to building a sustainable digital asset that we may not need to wait for the bull run in which later hot crypto and bring negativity to crypto at large.

thesmallgod

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First, to start with, transaction speed has not been a major problem in cryptocurrency because it depends on how congested the network is. meaning the speed can be fast today and might not tomorrow. About crypto replacing fiat.This is another area in which many projects have make their goal but for me, I do not think its possible for crypto to replace fiat due to large amount of people globally who do not have access to internet not to talk of those that do not know what cryptocurrency is all about. some that even know are complaining about how complex it is to understand.

sijonru

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Quote from: Altero on February 22, 2019, 10:11:42 AM

Pumps and dumps are just a usual event in crypto trend and we can't finally say that we are headed for another bull run cause it still still not moving hard. I may consider these is just a usual fluctuations and anytime there is a possibilities that it will turn back into declining.
But we could be more optimistic at this time and be more observant with the market cause it is more important to analyze the trends and be safe from losing.

Crypto price fluctuations are something that is common, just like stock trading or forex. What distinguishes crypto is a digital currency that is physically absent, but its value changes very quickly. Even very large, so it becomes a debate whether it is good for crypto progress or not.
In my opinion it is good, because price fluctuations are an attraction for investors to invest their money, with the aim of obtaining greater profits than trading fiat currencies. Because the majority of crypto owners are speculators.

denzkilim

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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

LOL, there is no way Crypto Currency will replace fiat because of a lot of factors to consider and it will never ever happen even in the future.

Quote from: Naughty Princess on February 19, 2019, 04:50:18 PM

Quote from: HODL2090 on January 15, 2019, 12:28:39 PM

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

It has not changed much in over the four years you were away. The adoption has increased and also attention from government and external industries.
Bitcoin is not slowly replacing fiat, I do not think it is meant to replace fiat currencies.
It is an alternative currency

Moreover, crypto transaction is faster than before. The adoption of crypto is faster and then the price gets lower but still it is popular in the market. It is an alternative currency which will not replace even fiat. For now with the price, it is an investment to everyone which hopes to gain when the price gain a recovery.

The transactions are faster because there is no congestion unlike what happened way back in the year 2017 where the hype is too much and a lot of people are diving into Crypto Currency with the sole intention to multiply their money in a very fast way without knowing what kind of industry this is. If there will be hyping again just like that year it will surely make the transactions slow again because of the number of people that will use Bitcoin and there will be network traffic again. We are experiencing fast transactions right now because there are only a few people using Bitcoin and expect another slow movement of a transaction when the bullish market season comes in.

zee11225

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Quote from: Yamifoud on February 19, 2019, 05:32:34 PM

Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.

In 2019 there are many predictions about bitcoin. Some expect prices to continue to rise, but some are pessimistic that prices are stagnating or declining. I estimate the price will rise, but not more than USD 5,000. The figure that I estimate is around USD4000.
In my opinion, it is good and healthy for bitcoin trading, because all bitcoin business people are not afraid of being exposed to extraordinary price fluctuations, so the attack on bitcoin is also very large.

sapnu

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Quote from: dothebeats on January 15, 2019, 10:56:27 AM

It has become an investment vehicle more than a tool that is replacing fiat. Almost all regulations covering cryptocurrencies are also related on it being an asset/investment rather than a transactional currency, so not much has changed. Price wise, it has changed drastically, though I think it's an improper metric to gauge whether bitcoin has become successful or not.

Overall, I'd say bitcoin changed for the better, at least when comparing it to 1014 market conditions.

in terms of price as of now, it's still not good for everyone after we experienced the bull run last year. We are all waiting for that to happen again. Cryptocurrencies and ICO's will rise up again. Just dont lose hope and keep on supporting Crypto to have more investors.

Altero

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Pumps and dumps are just a usual event in crypto trend and we can't finally say that we are headed for another bull run cause it still still not moving hard. I may consider these is just a usual fluctuations and anytime there is a possibilities that it will turn back into declining.
But we could be more optimistic at this time and be more observant with the market cause it is more important to analyze the trends and be safe from losing.

fianaindriati

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Quote from: Kahoy01 on February 19, 2019, 10:00:29 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

There are a lot of changes that we can see nowadays, there are now governments that legalized cryptocurrencies in their country. They say that it is now preferable to use cryptocurrencies than fiat currency because of its convenience in terms of transaction.

this year the changes in the crypto world have been pretty much so. because the longer the crypto will be more interested. so of course there are many changes in 2019 now. even though in 2019 it was still early but a lot had changed.

bitbunnny

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I still wouldn't call current situation a change, at least not significant one. It's a minor positive price correction which is good to see but let's not be too optimistic too soon. There is still long way to go untill we could say that the price and the market is recovered. Let's hope this small increase will become a trend and that price will continue to grow but untill that happens and the price crosses 6000$ I would be careful in predictions.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Yamifoud on February 19, 2019, 05:32:34 PM

Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.

It was not a continuous pump ever in the history of cryptocurrencies. There are transient pumps and dumps depending on what is going on in the news and some altcoins buzzing around with new partnerships and bullish announcements. Then there is the halving coming soon as well which should bring a bull trend in bitcoin as well. Moving forward would not be a correctly applied term. Its more like market is getting pumped by people buying coins since they are still low and are in a good position to buy now.

5k is not the target lets be optimistic and look out for the next 10k pump. Grin

idham29

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Quote from: Yamifoud on February 19, 2019, 05:32:34 PM

Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.

Without a strong desire it is very difficult to achieve progress in the crypto business, because price movements are always changing in the not too distant future. Trade becomes very aggressive, buying and selling occurs in a very fast time.
Is this good for crypto trading? I think this is a sign that there is a fairly good movement of transactions for crypto progress, because more and more demand for prices tends to rise.

ethereumhunter

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Quote from: bitzizzix on February 19, 2019, 02:29:15 PM

Quote from: ?? on ??

I think we are now moving forward now not just with bitcoin but with some alternative coins.
We should continue the support for the movement will not change again.
I think we are now at the start of bullrun!

Hopefully that is true, because if we look at the last few days the market has shown a sign of a significant price increase, and if this trend can survive, it will be very encouraging.

Yes, in my opinion the current bitcoin movement will be a good sign though a little slow but sure.
we must be optimistic that we will continue to survive and hold it in the stage of increasing current bitcoin to go up and wait for the highest prices, this year's movements such as 2017 and its peak at the end of the year at very high prices.

Yes, no matter if it's a small increase, the price still increase. I am sure the next wave will come to us, and in that time, we will see the price will increase higher. We see the lower price in 2018 and 2019, and we might see the price can go up again. All coin now is starting to search a new way to increase, and it will happen soon. So we need to wait and see what the next things that might come.

Yamifoud

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Nothing to think dude, we ate actually moving forward and I believe everyone are happy to see the market flowing up. But still we can't guarantee of its continuous pump, only we just make a wish and even reaching into $5k might be good enough for me.

Topic: What has changed? Is it moving forward? - page 4. (Read 19085 times)