Martinsx

Seriously, it's becoming increasingly worrying how Bitcoin keeps falling on daily basis. It's not appealing anymore. Something need to be done about this.

Yes exactly my friend, it's the movie that I was referring to. If you watched it very well, you would see an episode in the movie where an attack on Bitcoin was discussed. I wish I could posses that skill. Can you imagine how much money one can make by getting access to 50,000 worth of Bitcoin?

Yeah, a TV series is also called season. It seems that you don't know that, well I'm glad to be the one to teach you that. It's such an honor 😝 Well, the security of Bitcoin and other cryptocurrency must be top notch in order to keep hackers away from taking advantage and stealing Bitcoin worth billions of dollars.

There is a possibility in that, because should the world accept Bitcoin and other cryptocurrency, the only government can influence it is by launching its own country's cryptocurrency blockchain and ban the use of Bitcoin or other cryptocurrency not approved by the state. Who knows? We might see that happening.

Governments already knows that threat Bitcoin and other cryptocurrency poses against its fiat currency, and they are not willing to roll over and have Bitcoin and other digital currency take over the world financial market. This will reduce their dominance and control in the world market, and as such they will never all allow Bitcoin and other cryptocurrency to proceed ahead of fiat currency.

I think it's very much possible for a sophisticated hacker to attack on Bitcoin and other cryptocurrency by influencing its value in the market. I recently watched one movie currently that is called TAKEN Season 2, and in the storyline, there was one episode where it was discussed that such attacks on cryptocurrency is very possible to the extent of the FBI and DOD being affected and interested in catching the culprits.

Seriously, it's becoming a thing of worry on how unstable the cryptocurrency price is going up and down on daily basis. I have always kept a good eye on how it's going and as of this moment, it's dropped back down to $5, 837 and it might still go down.

What I'm certain is that something or someone is behind the unstable situation that is facing cryptocurrency and Bitcoin at the moment. Maybe the entire blockchain is under attack or something else which I'm not sure but all in speculation as to why the coin is becoming so unstable in recent times. Who knows what's re going on?

If it crashes low so much it's going to damage the fate of the cryptocurrency in the eyes of the world because no body will believe in an unstable digital currency. It will be risky to invest in such cryptocurrency that is being epileptic.

It appears that the price of Bitcoin is coming up small because as of this moment it's sold at $6,746.87. But I would suggest waiting for it a little while longer in order to be sure where it's headed before making any moves.

Definitely, I look up to getting to that point in my financial life where the financial capacity to make investments both in online investments and physical investments would be a barrier for me. It would the best achievement I would have desired in this life.

The benefit of being rich is that it gives you the opportunity and power to expand your wealth by making more financial investments that are worth huge amount of money, even though there are risks involved, the profits making margin is off the charts.

If one can afford technical analyst to know more about how the market of cryptocurrency is heading up and down, I think it's a good way to go with such project because it would let you know when to invest and when not to.

From my experience with investment and projects ever since I took the road of signing up for cryptocurrency and other online business investments, every project has its challenging times and it seems that this time is Bitcoin moment of facing huge challenges. But I do believe that in no distant time, all these fuss about investors confidence would be put to bed and the cryptocurrency price stabilized.

You just have to keep a watchful eyes on the cryptocurrency exchange market in order to have all quick updates as to when the price is appreciating or depreciating, to know when to buy or sell. Now, the price seems to be coming up from $5,321 to $6,447.

Panic sellers will always exist in the cryptocurrency exchange market and the wise investors are always going to capitalise on such opportunities and buy more Bitcoin and lay in wait for it to appreciate to cash in on their investments by selling when there is high demand.

It's really getting to a point where some people are considering selling their Bitcoin because with the everyday drop in the price of the cryptocurrency is a thing of worry because no one is sure if the price is going to stabilize or keep dropping or appreciate.

Exactly, you have a good point there. There are panic sellers as well as panic buyers, but in my opinion it's better to be a panic buyer than a panic seller, you are most likely to earn more than lose by being a panic buyer.

At the moment, Bitcoin price isn't not stable, as from my close study on the ups and down in the worth of the cryptocurrency, it's still dropping. This morning the price just dropped from $7,231 to $6,822.

Most times cryptocurrency are affected by lots of factors just like you pointed out, it might be from activities of the government of several states as we see that some countries don't agree and accept the use of cryptocurrency. So therefore, all these things that affect the price of Bitcoin.

There is no doubt that when the price of Bitcoin and other cryptocurrency stabilizes, it's going to skyrocket thereby increasing the investors profit making in trading the coin. But at the moment, it's not what we have as the price of Bitcoin is still dropping and going up. This morning it's $7,213.

The price has fallen too much to rush into massive buying @Henrywrites in my opinion at the moment. Yes, it's true there is a slight fall in the price but it's still expensive at $7,666 plus. Let's wait for a more favorable rate and then we go into more buying.

Yes probably, you are very correct. A lot of variables affected the cryptocurrency last year and early this year, so I believe that it's the reason why the digital currency is still unsettled at the moment with its erratic up and down in price. But definitely in a no distant time, it's going to settle well and stable.

@Steve5 I'm always glad to share my thoughts and experiences when it comes to investment with cryptocurrency especially the most popular ones like Bitcoin, Ethereum, Litecoin and Bitcoin Cash. I do this because I know the knowledge is power and this means an advantage for people who have access to it.

I would like to call it taking wise risk when it comes to investing in cryptocurrency. Not all investment risks are wise and in such situations can result in losing your money and investments. Be wise with investing even when the price is low and also when it's high.