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Messages - 0t3p0t

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1171

Bitcoin Forum / Re: Will bitcoin support by government?

« on: January 10, 2021, 04:52:04 PM »

Quote from: Darryl Gambet on November 05, 2020, 10:07:45 PM

Bitcoin is a threat to government because of lacking of authority they cannot control it. The other negative side of bitcoin are can be used in laundering, purchasing in illegal market and etc. I think bitcoin is a threat to the government.

Some governments supports Bitcoin and cryptocurrency in general they just implement local cryptocurrency exchanges to prevent money laundering. Here in my country Bitcoin is having a good treat as government embraces it despite the risks they keeps on warning.

1172

Bitcoin Forum / Re: IS IT TOO LATE TO BUY BITCOIN?

« on: January 10, 2021, 02:11:36 PM »

Quote from: Lutera94 on January 09, 2021, 06:23:56 PM

Recently I’ve been asked by many people whether it is too late to buy BTC...
My Answer is NO

As we know in a bull run we have always a correction from 30 to 50% or more or less.

In the time of writing this post BTC price is
$ 40,559. From this point BTC price could hit 3X to 5X. That means its not too late.

My best strategy for buying bitcoin is DCA ( Dollar Cost Averaging )

There is no such thing as late with volatile investments like Bitcoin or crypto in general. The present price of Bitcoin is nothing compared to the future prices. The only thing is that the price might be very expensive and purchasing a fraction in the future could be difficult to afford.

1173

Bitcoin Forum / Re: Bitcoin As Long Term Investment?

« on: January 10, 2021, 07:21:26 AM »

Quote from: TomPluz on October 18, 2020, 05:31:22 AM

Honestly, many people including me is looking at Bitcoin more as an investment asset (which we are wishing can be rising up all the time though this is impossible) more than a payment network and that is the reason why we are holding on to it and will not be moving no matter what.

Since we are thinking more like an investor rather than as a consumer, should we then look at Bitcoin as a long-term investment just like getting into real estate? And how long is the long-term here, 5 years, 10 years?

For me since Bitcoin is volatile the best and safest choice would be long term investment or maybe just need to set your target. Some say 5 years is not that long some other investor says 10 years or more is perfect but that all depends on the hodler if he/she is willing to wait that long period of time.

1174

Bitcoin Forum / Re: Whats really happen to bitcoin?

« on: January 08, 2021, 06:24:02 PM »

Quote from: Delgboke on January 07, 2021, 11:24:31 PM

Some times we get surprised on Whats happening right now I'm the crypto market bitcoin just dominating the whole crypto market but this great improvement have not really help the altcoins market the most coins are falling while bitcoin is the one making the move lefting all other coins and token I need bitcoin to really affect the altcoins market more possitively.

Bitcoin will affect the whole crypto market but altcoin hodlers are selling their investments and convert into Bitcoin to seek for a better liquidity. Look at other coins they followed the flow and aggressiveness of Bitcoin and some others bleed due to panic selling because some hodlers anticipated the coming correction so they'd make sure that things are safe before the bear comes.

1175

Bitcoin Forum / Re: Bitcoin is now world's top 10 valuable assets.

« on: January 07, 2021, 04:07:01 PM »

There is no doubt that one day Bitcoin will be on top of these valuable assets on that list. The battle has just begun for Bitcoin as a newer and less popular compared to the competitors but I believe that Bitcoin will soon be the king of all assets.

1176

Bitcoin Forum / Re: Do you think bitcoin will contuine to rise?

« on: January 07, 2021, 05:03:49 AM »

Quote from: Delgboke on November 24, 2020, 05:34:59 AM

There are many things that may have stired up cryptocurrency market that has not been made known to us that has left many thinking what could have cost it, while some say it's because bitcoin speedily increasing. In this contest what it's your thought on this?

I think Bitcoin will hit $50,000 this year no doubt about that. So it is still cheaper to acquire at this time compared to future prices so if you are a long term hodler and a risk taker. It will surely make you millions in the near future.

1177

Bitcoin Forum / Re: Can Bitcoin be considered the “gold” of crypto investment?

« on: January 07, 2021, 02:45:09 AM »

Bitcoin can be considered as the gold of crypto investment obviously because of it's value. What I like about Bitcoin is that you don't need to have it physically and of course as an investment it is good due to volatility. When it comes to gold what I like about it is the fact that it is a stable kind of asset. Having both asset is the best choice if you have the ability to acquire.

1178

Bitcoin Forum / Re: Now Bitcoin price is 35,350 usd

« on: January 06, 2021, 04:46:49 PM »

Quote from: Maynul96 on January 06, 2021, 06:03:24 AM

This is Golden time for all Bitcoin investors and Holders, they are really very lucky person as my opinion. Becouse many holder and investor already sold out their Bitcoin when bitcoin price has 12k usd. They think that it is best time for Sell bitcoin, it is high price of Bitcoin. And they can again buy when its price will dump. But sadly, the price has not dropped. Now i think this was a golden opportunity when bitcoin price was 3-5k. We miss this Opportunity.

So reaching $50,000 is quiet easy this time and I think it will stop in there I mean correction will follow after it reach that peak but this is just a speculation though we'll never know. Institutional investors already has their investments doubled I think so better watch out.

1179

Bitcoin Forum / Re: Will There Be a Bitcoin Winter Soon?

« on: January 06, 2021, 08:05:54 AM »

Quote from: TomPluz on December 05, 2020, 04:20:53 AM

We are right now experiencing a bull run for Bitcoin and soon the price of the coin can reach beyond the important psychological barrier -- the $20K zone!

But I am wondering: Will there be a winter after that, just like what happened in 2018? That can be possible. However, there are now many things different today than in 2017. And the most significant with that is the coming in of PayPal and many institutional funds into our coin.

Will those be enough to kick the winter out of the picture in 2021?

Winter is common in crypto due to volatility 2021 is a great year for Bitcoin it even reach $30,000+ so we have to expect also the lowest drop this year but we don't know when. Institutional investors are hoarding Bitcoins maybe they are preparing for something in the future. Price could possibly reach $50,000 by end of the year we'll never know.

1180

Bitcoin Forum / Re: What should BTC Dominance be for the prices of altcoins to rise?

« on: January 05, 2021, 04:31:03 PM »

Quote from: exgoal on January 04, 2021, 01:38:06 PM

Dear forum members;

As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.

** What do you guys think?
** When is the right time to invest in altcoin?

Altcoins price will still be dependent on Bitcoin maybe try to check charts. When Bitcoin's price fall, altcoin starts bleeding until it follows on every moves like the domino effect. Ethereum is an example here wherein it is dependent on the price of Bitcoin on the other hand ERC20 tokens depends on both that is why investing in altcoins will make you think whether it is the right time or wait just by studying the movement of Bitcoin.

1181

Bitcoin Forum / Re: Bitcoin safe word for Elon musk

« on: January 05, 2021, 01:28:20 PM »

Quote from: H2O on December 21, 2020, 02:25:58 AM

Tesla CEO Elon Musk is back to teasing the cryptocurrency community on Twitter.

This time, the centibillionaire has revealed that Bitcoin is, in fact, his safe word to more than 40.8 million followers.
Source Link: https://no link shorteningday/elon-musk-changes-tune-on-bitcoin-says-its-his-safe-word

Tweet:

Elon Musk declared .25 Bitcoin holdings and do you still believe that the most successful investor himself have that amount? I doubt that of course because his remarks on Bitcoin could possibly be just a shill think of that numbers of followers he had. He might be hoarding Bitcoins like hundreds of thousands in secrecy that is why he said that Bitcoin is his safe word.

1182

Basic Questions about Cryptos / Re: Hold Bitcoin in wallet and earn more Interes?

« on: January 05, 2021, 10:23:20 AM »

Quote from: Herry on October 19, 2020, 05:47:14 AM

Hello guys I want to ask that's if there have any bitcoin wallets that's I can deposit my bitcoins and hold them and earning interest from that....

Source link: https://no link to CT/topic/0

Wallets that let you earn interest? I have been using hot wallets like Coinomi, Mycelium, Electrum, GreenBits, TrustWallet but I didn't find the one you are looking mate and I don't think there is such wallet with a feature like that. I am not sure in exchanges but I do not recommend to store your funds there. Storing Bitcoins on wallets lets you earn interest if only if the price goes up

1183

Bitcoin Forum / Re: Will the bitcoin be dying sometime in the future?

« on: January 04, 2021, 06:17:28 PM »

Quote from: Anthony Estiva on November 07, 2020, 11:33:52 AM

Good evening, pals! I just wanna know if the bitcoin has a potential of dying as cryptocurrency sometime in the future. If you know something or has some thoughts about this, please share some info and ideas or philosophy.

Die from what mate? Government? Another kind of assets? Impossible! Why? Because the community, popularity and adoption is gone crazy nowadays. Companies and institutions are going wild investing tens to hundreds of thousands of Bitcoins for future purposes so why on earth does Bitcoin die?

1184

Bitcoin Forum / Re: Happy birthday to Bitcoin.

« on: January 04, 2021, 06:07:57 PM »

All hail to the founder! Wherever he/they is/are and whoever he/they is/are, he/they is/are legend. I thank him/them for creating something that changed peoples fortune and revolutionize the currency world in a decentralized way. For me Satoshi Nakamoto is a hero.

1185

Bitcoin Forum / Re: Will Bitcoin Replace Gold as Store of Value?

« on: January 03, 2021, 05:17:36 PM »

The definition of store of value is "an asset that maintains its value rather than depreciating" so it is clear enough that precious metals will stand out in this matter compared to Bitcoin which is volatile in nature. And for me it is not comparable since Bitcoin is a new form of digital currency and gold is some kind of commodity.