Kakashi2020

I really think crypto mining is dead eversince it was proven that it isn't cost efficient to mine nowadays. And due to the tens of thousands who suffered losses in direct mining and in all those mining investment scams.

I have this idea of an Anime currency, It would be great if someone invented a crypto coin which is tied to Anime right? I mean a DBZ coin or a Hokage coin sounds so cool.

The way I see it ICO's or Initial Coin Offerings are just like IPO's or initial public offering in stocks. Buying IPO's is the best way to buy stocks since the possibility of appreciation is very high. But again it's also wise not to put all your money in one coin.

I think they want it banned because the weren't the ones who created it. And that adds to the uncertainty of an ulterior motive on its creation. I mean noone even knows who created it right?

I guess what your saying is, probably there won't be a bullish market anytime soon because there would be a lot of sells for profit everytime the price fluctuates up right?

As the question states, at what price or range do you think Bitcoin would have this year? It's at $6.5K at present and no one knows if it would continue to go down or is it getting ready for a rebound. If you were to guesz, what would be it's price at the end of the year?

If you've invested some money in Bitcoin when the price was still $6000 per BTC, would you sell it at $3000 per BTC, if the price is going down daily for months or would you opt to hold on to it?

With its volatility and bullish attitude, as well as past price appreciations Bitcoin is a logical investment choice. How much are you willing to invest in Bitcoin today?

The Bitcoin has proven it's success over the years and it can be said that it would further appreciate and reach new heights. So it seems logical to invest in it asap. But, should I invest now or should I wait for the price to settle?

It is said that the price if Bitcoin is dictated by demand, which is logically true because we all know the law of supply and demand right? What got my eye on this is if there's a lot of demand and a dwindling supply then why is Bitcoins price not appreciating? Why is it falling?

I would like to ask all the members of this forum this question... How much money did you make from Bitcoin? Now if you didn't make money then... How much did you lose from your Bitcoin investments?

It's currently appreciating again, the price is up at $6.6K today that's a 4 percent increase from yesterday's prices. I hope that this would be a start of a good run and not just another swing, that would end in profit selling again.

This is a good question for would be investors and old investors alike. When do you think is the correct time to invest in Bitcoin? With its wild downward price swings this year when would be the best time to buy some?

Yep, investors are really unsure to invest in it or not until they could see some regularity to its price. Investment in Bitcoin for now can be compared to gambling, there's really no way to know or deduce or predict what would happen next.

I think it's price is now on a rebound and it posted +8℅ today but again, I think it'll go down again tomorrow because of profit selling. I just read an article which says that Bitcoin may become stable in the $3K mark before it becomes bullish again.

It's very strange that the price of Bitcoin is still falling, I mean there's a lot of profit taking but it's been depreciating for more than half a year, and to me that's very unique if not strange.

I'm using Sling Bank, everytime I go to this site, I always see the real-time price of Bitcoin. I can also read the latest news about Bitcoin and Cryptocurrencies here at Sling Bank.

Yeah, it seems you're right about the price of bitcoin depreciating more it's already at $5.9K plus, it breached the $6K barrier in just a week when it breached the $7K barrier.

I think a logical answer would be, whoever made it, is controlling it, and the powers that be may be doing something to stop it's progress. They may be studying Bitcoin first in order to launch their own cryptocurrencies.

I do believe that it would be the future of Bitcoin, since if you think about it, Bitcoin is the first Cryptocurrency and as such, it should have been very successful and then all of a sudden it's price depreciated and now it's in the $6.1K mark. While I think that it should have continued appreciating. So definitely someone's messing with its natural flow, stropping it's success.

I think some power is trying to control or affect the volatility of bitcoin. It's all about getting huge profits whenever Bitcoin prices swings. So I really think someone's controlling it.

Precisely what I'm thinking, they might be studying first the effect of Bitcoin in society and how it would fare in the market before these banks / governments / financial institutions create their own cryptocurrencies.

At the end all investments in cloudmining platforms will suffer losses, it's been explained that there couldn't be any profit from it because the cost is higher than the gains. It's as simple as that, it's a hyped up investment scam.

A few months ago China banned ICO's and Cryptocurrency exchanges, trading and use of all coins. While on the other hand Japan's coin market is exploding. What is your take on this?

I was talking to a friend earlier and out topic is about Bitcoin and cryptocurrencies and it's effect in the world. My friend who works in a bank told me that eventually someone would create a One World Currency in which this currency or fiat money can be used offline and online as an electronic currency along side normal currencies. So having heard that I ask if what's the difference between this and Bitcoin and he answered me that the big difference is that this Global Currency or One World Currency is going to be controlled by a financial conglomerate. So what is better Bitcoin which is self governed or a Global Online and Offline Currency which is being controlled?