Yogidon712

I don't see that happening in the near future. As we all know because he has been the mother of all Other cryptos And has secured a spot over the top of the tables since very long. Outranking the supply, demand,And reputation of bitcoin would be really hard to pull off no matter how strong the coin is so I don't think it will happen in the near future.

Yes, it is but it would be really hard. It's just like asking can you trade stuff between people if there is no currency, and yes we can barter system was there , But still we decided to make currency just because it was easy, it makes things much more easier and I feel like so is the work of an exchange. It not only allows you to sell and buy various coins at the current market price at any time But it's also very secure as if you would trade with other people over chat or something There is always a slight doubt that the other person might be a fraud will not hold up with his end of the deal.

Well, saying this is a huge thing. You are saying that bitcoin could challenge the dollar. The dollar that made his name after so long in being the market and is one of the main power of USA. I don't think that US will allow that to happen. The dollar being the dominant currency Has always given USA an edge over other. Yes bitcoin is the future and will be very much active in transactions in the coming future but My thoughts over whether it would be able to take down the dollar is no.

According to me it depends on what you are interested and if you are interested in knowing how the BBC technology works and why blockchain Is so secure then you can join this course is but I don't really see the need to join them I think the experiences you get by trading on your own and gathering information from here and there are enough to make you a good trader.

I have been trading on yobit for around for around more then 3 years now . I still remember my 1st earnings from yobit. Yes , i have made multiple withdrawals from yobit and have earned almost 20X more then what i originally started with, this is because i was accompanied by my brother who had more then 1 year of experience at that time. I invested in their ICOs and have earned from their forks and airdrops . That is the reason why i loved yobit so much because it used to care for the newbies so much.

Well ,saying someone is expert is a huge thing, as that title brings a lot of experience and mistakes with it. I think Someone who has studied and understood the market over years and who's more then 75% of predictions are correct every time. An expert Always knows when to invest in a particular currency and went to back out to ensure the most profits. But not only this an expert also tell newbies about his experiences and help them grow which makes him respectable.

I am happy with my BTC Holdings and not looking to buy any currently. I am currently trading with what I have and just looking for a breakthrough so that i can earn a fortune. But I think this is the correct price if someone wants to buy because according to my calculations around the end of year BTC would cost $12,000 and would still be rising. I think that btc Would be increasing in the coming year . I am also holding some ETH and DOGE Because I suspect that these currencies would also increase along with BTC.

Yes, recently I have seen a lot of posts that serve no purpose. They have been answered before too and huge discussions have been made on them but still people post them just to increase their posts , which i fell is not right . As more and more people are joining cryptotalk only the posts that serve a purpose and are good should remain.

Yes, I can understand where you're coming from. Sometimes we see people investing in crypto again and again and just losing their funds. We out of care want to convince them to live crypto because it's not get a cup of tea but they don't understand. They don't understand That being a good trader includes anything like doing proper research, being up-to-date, studying charts and other things. also a bit of luck plays a role in how things go for you. And i think so if you have tried multiple times and they are not understanding you can't do anything now . All you can do is keep trying and suggesting them better options to invest their money in .

Well, I think so if you approach towards the bitcoin is a make you rich option then things aren't good for you because bitcoin is much more then you get rich quick .yes if you get lucky And do your research right you can surely have some quick profits but even if you don't what you need to understand is Things aren't always the same. Patience is a must to have thing in the field of crypto. You need to understand that even if you haven't earned much But has gained knowledge about crypto you are on the right track and soon will be a good trader.

Yes, well this forum is about spreading what you know and gaining information from other people. Our main motive here should be To help anyone we can and increase our knowledge and understanding about bitcoin. Also I feel like this is a Great platform for newbies And people who want to be up-to-date with the latest happenings around the world.

No, I don't really think that could happen. A $10,000 increase is a big thing and even if it happens it is not likely it will be followed by a huge dump soon. I think the best increase in the price is when it goes slow but steady I am okay with it increasing $1000 - $2000 a month but steadily. And keeping that in mind I expect that by the end of this year bitcoin would be around $12,000-$15,000 , And could increase even more as the time goes.

I don't really think so. Yes I need the money is great and who doesn't want to but doing that requires much more effort and pay way less than what should be given , Not to forget that many sites that offer free money I are fake and scams and don't really give anything. Whereas with proper research and a bit of luck any investment made at the right time in the right place is much better.

I would suggest that you should keep posting here as you can earn 2-4$ per day and Investing your money in Bitcoin could be the right option according to me.As you will keep posting and reading forms you will feel increase in your knowledge and understanding about bitcoin. And once you think You are ready you can start reading with your money and can increase your per day income.

Well , I don't think so. We don't need new topics if the content they're giving the same as some previous ones but what I would like everyone to do is To reply to the topics that are new and don't have many replies . Yes a topic That is new and useful it's very much appreciated but also not to forget that if these topics have the same content . And why are you actually need reputation in the first place, if your content would be good you will automatically get reputation by the ones that respect good content . You just need to be helpful and active and it will Automatically lead you to having a good reputation.

The confirmations that take very long to be done I was just annoying, that's it they are so frustrating man. Especially in my case it always makes me worried that if my Crypto has reached the other side or not especially in cases when The receiving end doesn't show anything after the first confirmation or is slow to respond.

Maybe and maybe not. It is a very difficult question , But I think that if bitcoin approaches to $100,000 in the future then it could give some potential threat to the dollar . But as of now it doesn't seem to be happening in the next few years so the dollar is safe but once it reaches that price more people would be aware of it and will be using it for making Transactions thereby Threatening the position of dollar.

Yes , exactly this is what i have been telling people for over a month now. Your profit and success in crypto field is not totally dependent on your luck, yes I agree that love plays some role and sometimes things are out of our control but still doing proper research and homework it's very important as It gives you a bridge and provide you with the best chances of profit .learning from your mistakes is very important. You need to be aware of what is going on in the market and how the things are which is very important.

Well according to my experiences, i think that the best time to buy crypto is when there has been a recent dump. Because most of the dumps that are just occasional aren't backed up by any solid reason and always followed by a pump thereby giving you some quick profits and a soft cushioning. But the most important is research . You have to do your research in the right way in order to give you the best chances and prices

Yes, I totally agree with you the major losses one faces is when he get hyped or scared. Because both of them Lead you to make decisions that you are not fully sure about and of this meeting in the heat of the moment.You need to understand that patience please important In trading. I use 20 Second rule That prevents me from making decisions That I could cigarette in future I will wait for 20 seconds and think about doing something and after 20 seconds if I still feel like it then and only then I do it.

I will totally consider crypto as a gift but it depends who you're giving to, what example giving crypto As a gift will only make sense if you're giving it to someone with a good financial knowledge and interested in finance, Someone who really thinks about future and understand it. Otherwise if you give someone else it would be not a very good option and may be a bit disappointing for the person. Even I am considering to give my father some crypto as a gift,And I totally feel like He would appreciate it because I know who he is.

My And the goal today is to Earn enough money that I can declare a retirement in around 10 to 15 years from now. Currently I am a teenager and will soon hit my 20s, I just want that I have enough money to have a retirement in my mid 40s. Enough money is like having Enough to support me through my old age and also my children till they are teen and maybe even further if needed. It may seem kind of over Thought as of now but still that's what I wish for, otherwise we are doing our part and just hoping for the best.

I don't see this happening this year, yes I totally feel like it will hit $20,000 by the March of next year but my expectations for this year and is around $12000- $15000 . Saying that bitcoin will hit $20,000 is I think a bit over enthusiastic, And hard to happen but still we cannot predict what will happen next, hope for the best. I just wish that the price increases no matter how much because an increase is an increase and will be beneficial.

Yes, I totally agree. One should always try to make their topic as easy as they can so more people can understand it and present their views over it. We are not here trying to show off our Vocabulary, we should be trying to spread and gain knowledge because that's what this forum was made for. It also makes the topic look Much more user friendly and informal otherwise topics having difficult words feel like very formal and people are more hesitant to comment on it.

Yes, I totally agree with you. In my imagination I can totally see bitcoin becoming the next Gold but in a online way. Bitcoin has great potential and historically the future. Many countries have already understood this and legalise the bitcoin thereby encouraging their companies to accept payments in BTC. Bitcoin is something I feel every Youngster should know about because it is changing how we have thought of future so far. And not to forget there are multiple fields inside the crypto like mining ,trading and others