Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: troll on November 21, 2017, 11:53:31 AM
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When the coin was few cents or few dollars, if you bought it, you now multiplied your money by x1000 to x10 000
But
Now it is in the 7000-8000 so even if it goes up to $80 000, which will take a very long time, you would only multiply your money x10 ,
other coins now are sold for few cents or few dollars and have potential to reach 100$ or more are way better investment than bitcoin, which have lots of eyes on it!
Bitcoin at this price is also very risky! it can flash crash to few dollars and wipe your money.
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Absolutely, but btc is still the safest bet compared to other alts
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I fully agree, but on the other hand, Bitcoin has changed many lives and dreams, Bitcoin has stimulated the creation of many Altcoins, taking advantage of the market.
Increasing your fame and price
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This is the only coin I trust , I would say for any newcomers to cryptoworld like me this is the safestbet .
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it's true that way but the proof is this:
- Ethereum collects lots of Bitcoin to support its finances in the future.
- Ethereum certainly has a lot of FIAT to buy more Bitcoin and Ripple, Bitcoin Cash, THERE dl.
- so when Bitcoin goes down the price is certain they also want to buy Bitcoin at the bottom price.
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to date, bitcoin fell very much, but it seems to me that he will regain his position, and investing in this coin is still very profitable
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When the coin was few cents or few dollars, if you bought it, you now multiplied your money by x1000 to x10 000
But
Now it is in the 7000-8000 so even if it goes up to $80 000, which will take a very long time, you would only multiply your money x10 ,
other coins now are sold for few cents or few dollars and have potential to reach 100$ or more are way better investment than bitcoin, which have lots of eyes on it!
Bitcoin at this price is also very risky! it can flash crash to few dollars and wipe your money.
It would certainly be something if bitcoin flash crashed to a few dollars, would be as impressive as going from 500 to 20 000. Appetite for bitcoin is strong, and is used by many gambling sites, while I can't see such a drastic crash, anything can happen when bitcoin is concerned.
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When the coin was few cents or few dollars, if you bought it, you now multiplied your money by x1000 to x10 000
But
Now it is in the 7000-8000 so even if it goes up to $80 000, which will take a very long time, you would only multiply your money x10 ,
other coins now are sold for few cents or few dollars and have potential to reach 100$ or more are way better investment than bitcoin, which have lots of eyes on it!
Bitcoin at this price is also very risky! it can flash crash to few dollars and wipe your money.
Bitcoin is one of very potential coin, I have gotten alot benefits from bitcoin. So I still belueve in bitcoin and buy more.
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it is absolutely true that I think for now we should buy and invest in coins other than bitcoin, have coins that have the potential to rise high.
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it is absolutely true that I think for now we should buy and invest in coins other than bitcoin, have coins that have the potential to rise high.
But that is very risky for your capital.
If Bitcoin stays valued on several Exchanges and becomes a pair for all altcoins, then the other altcoiins are not necessarily accepted on other exchanges and if DESLISTED then the altcoins price will go down.
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I think the idea of a flash crash to a few dollars is an ancient pipedream. This isn't 2013 anymore when such low liquidity meant that the price could crash from $250 down to $1 before climbing back upto $120 in the same day for 120x return, like it did on Bitfinex and other exchanges. It's like when people say the price could still flash crash to 0 again in 2013, with the order books completely liquidated, before being bought back up to $70, again in the same day. Imagine a buy order at 1 cent, that would be 7,000x profits in a day! The truth is no single person or institution has the capital to cause these flash crashes, let alone the stupidity.
There's enough of us who would love to see these flash crashes for incredible gains within hours, that's why we have buy orders so low, but not at $1 or $10, more like around $100 or $1,000 as it's a lot more realistic considering the increased liquidity in the market since 2013 as well as the use of HFT's (High Frequency Trading Bots) that will catch these oversold conditions like they did in December 2017 when prices flash crashed but recovered quickly. Like many investors, I'd love to see prices crash to dollars in order to make 100x in a day, but as I said it's a pipedream and not reality anymore, at least not in USD or any other popular fiat trading pair.
Not to mention that the only people who get rekt in these situations are those who are swing trading with stop losses, so no harm done really ;)
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When the coin was few cents or few dollars, if you bought it, you now multiplied your money by x1000 to x10 000
But
Now it is in the 7000-8000 so even if it goes up to $80 000, which will take a very long time, you would only multiply your money x10 ,
other coins now are sold for few cents or few dollars and have potential to reach 100$ or more are way better investment than bitcoin, which have lots of eyes on it!
Bitcoin at this price is also very risky! it can flash crash to few dollars and wipe your money.
Your opinions is right to make money, but in my personal opinions investment in alternatives coins is more risky than investing in bitcoin because the alternatives coins which its price couples bucks no guarantee will survive for long time, but we know bitcoin was survive since couples year ago and still many people who has made investment in it.
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I think it is still a good investment nevertheless because many are positive that it should be worth more than it is now. Its price may be very volatile but then you can still find opportunities to profit from it especially if you are trading because the price has big bounces so if you are familiar with its movements then you will be able to profit even just small as long as you have a good trading plan. If you are planning for long-term investment then cost averaging would be ideal for me.
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I think it is still a good investment nevertheless because many are positive that it should be worth more than it is now. Its price may be very volatile but then you can still find opportunities to profit from it especially if you are trading because the price has big bounces so if you are familiar with its movements then you will be able to profit even just small as long as you have a good trading plan. If you are planning for long-term investment then cost averaging would be ideal for me.
yeah you're right.. Many today are thinking twice to invest And I am one of them because its low value.bI'm basically reading the news about cryptocurrency and speculations, I'm doing it for my courage. But I'm still losing my decision ... Hehe...
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Bitcoin scalability issues. It can perform more than 5-7 transactions per seconds while master and visa cards can perform around 2000 TPS. XRP is much better coin then BTC if you talk from the scalability point of view. You can convert your BTC to XRP (http://seo abuse/bitcoin/bitcoin-to-ripple) and use it for instant payments.
The advantage in converting BTC to XRP are quite many. XRP as a currency is very scalable and the transaction speed is very fast, around 1500 TPS and that of BTC is only 6 TPS. XRP is designed to connect different payment systems together which help money flow freely. Ripple as a digital currency promises expedited transactions and increased stability which enables the transfer of funds with least transaction fees and no processing delays.
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if I can't leave investment in bitcoin bro. in fact, I always make bitcoin as a store of assets that I have, bro. to build a better future
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The factor that gives interest to people and continue to invest on bitcoin is the big increase of value every year. But it seems bitcoin failed to achieve that this year. For me, that should be the reason why people don't want to invest on bitcoin anymore.
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When the coin was few cents or few dollars, if you bought it, you now multiplied your money by x1000 to x10 000
But
Now it is in the 7000-8000 so even if it goes up to $80 000, which will take a very long time, you would only multiply your money x10 ,
other coins now are sold for few cents or few dollars and have potential to reach 100$ or more are way better investment than bitcoin, which have lots of eyes on it!
Bitcoin at this price is also very risky! it can flash crash to few dollars and wipe your money.
I still invest in bitcoin mate. Because I believe bitcoin will dominate and more stable at the coming future. Bitcoin is the first of crypto currency.
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When the coin was few cents or few dollars, if you bought it, you now multiplied your money by x1000 to x10 000
But
Now it is in the 7000-8000 so even if it goes up to $80 000, which will take a very long time, you would only multiply your money x10 ,
other coins now are sold for few cents or few dollars and have potential to reach 100$ or more are way better investment than bitcoin, which have lots of eyes on it!
Bitcoin at this price is also very risky! it can flash crash to few dollars and wipe your money.
I personally prefer ethereum now. Ethereum is doing well on market in this year and more profitable than bitcoin. It is my opinion. I think ethereum will be the next bitcoin.
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I actually have a different opinion from you. I think everyone should invest in bitcoin immediately when prices are low. Bitcoin is a coin that can always prove that bitcoin can rise again after decreasing.
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I am not still here even though bitcoin is experiencing a down period. Because I know how bitcoin works. And I will not leave bitcoin just because the price is at a low level. I believe, soon bitcoin will rise.