Ptrst

I'm not sure how to tell the future of the price. What are the steps that go into making your prediction for the bitcoin price? I see lots of people saying price goes down, but there is no reason to this it's just opinions. I guess that the price stays where it is around 6000 for bitcoin.

We should make a way to pay miners more because they are behind everything to do with the currency. How many of you are miners here? I think it is too expensive for small time people to mine so it is always smart computer people or people who get in early to bitcoin. Miners should be respected and if the price goes up they should get a higher percent.

Yes buying bitcoin now is a great idea. It will go up in price by next year and every year it goes up and down but always up more. I think as long as there is demand for bitcoin it will keep going up. I am excited about bitcoin because it is a way to reach people who are unbanked or dont have traditional banks so it is worth investing in. The price is changing but look at the past it goes up still after troubles.

I buy stuff on Amazon with bitcoin but not through amazon directly but from purse.io where you can have other users buy you items in exchange for bitcoin. I did read that soon Amazon will accept lightning transactions from bitcoin but I don't know how this works and I haven't tried it. I do know on purse.io you can save up to 20% on amazon because people pay a percent to sell their amazon cards.

I think many people did not trust Satoshi and did not buy the coins. This is why for a long time for years it was not worth any more than a few cents for bitcoin. The trust didn't come from satoshi but the community coming together and finding uses for the coins. The trust was in the math and not in the person. Like I don't think the United States people trust president Trump because he does shady business deals, but they trust in the United States government because they rule over land for a long time. With bitcoin satoshi is not trusted but the bitcoin math is trusted because you cannot refute the math.

I don't understand what you say because not all altcoin are from bitcoin changes. Some altcoins are nothing to do with bitcoin like STELLAR lumens for example are not tied to bitcoins at all! Altcoin is just alternative coin or different coin but not connected all to bitcoin only some are. Like litecoin is connected to bitcoin but STELLAR is not and XRP ripple is not. Still I don't trust altcoin to be worth more than bitcoin I think bitcoin is best investment for 2020.

I will never use a faucet with KYC verification. It is wrong. It should be all decentralized and free for anyone without tracking your identity. No one should do this so they take it off. It's just stupid and against spirit of satoshi.

I don't know why ripple is thought of as stable coin. IT seems it is less stable than other coin. For example based on the us dollar the tether usdt coin seems to be better stability, and ripple xrp seems it is going up and down so you can lose from investing. Can someone explain why ripple is better stable coin than usdt?

Bitcoin will not replace any of those it will be a separate thing. It is more like a way for people to move money around than the institutions. The closest is forex but I do not think it will replace this but go along side of it. Many people areinterested in forex and crypto too so it is most similar system. States might make their own type of crypto too and this will be who knows what happens next.. hopefully bitcoin survive state crypto coin.

I do not believe it is a get rich quick. It is too slow to do this. So far it has been months and I put all my money into bitcoin but it is not going up fast. If you think it is get rich quick it is not it is very slow and steady over years I hope. It is for patient investor and for people interested in technology.

It is stressful that the market is always on every hour of the day and night. I wonder if there are tips on how to deal with this since everyone has to sleep. When I sleep the price goes down and I can't do anything so it's like an anxiety when I put money in bitcoin. Is there anyone else who has this same problem sleeping and thinking about investment?

How much does bitcoin have to go up before you sell for profit? I was thinking to sell back at 15% profit but is this too small? What do other people using exchanges look to make on a one trade profit. It seems like you can almost make a living if you can get a few 15% profit trades every day it's really exciting.

Where can you tell if the buy wall is one person or a group? It's really cool how you broke down the "whales" in the market and how they influence people to sell. I'm still trying to figure out how to use this information to make better trades in bitcoin on yobit. Right now I want to hold bitcoin until at least 10,000 and sell even though it seems there are the "whale walls".