febriyana

I think most reason the price Bitcoin can going down is because investor not confident to invest on it.

So some investor is prefer to sell it for Dollar like USDT. So they can atleast safe from the price dropping. That is normal for Bitcoin price going down or up, because basicly Bitcoin market is based demand and supply. So when the demand is decreasing, many people selling it on low prices.

NEO is coming from China, sure that coin will taking ranking more fast than other. But to going to rank 10 is really hard. Because NEO is atleast need gain trust by many people in worldwide. Where i see NEO investor is coming from China. The people there is have big population. So that is the reason NEO get rank 20 now. The project also good to know, it is like Ethereum.

I think to find good project is really hard. Because sometimes good project can turn scam. That is really bad for investor if get scammed. So i just recommended to avoid token created with Ethereum contract. Because most token will going scam in short times. I only find good coin where have good historic data and strong community. Where the marketcap and volume is high no matter the prices.

I think XRP or Ripple not make any sense to overtake Ethereum. Where we know XRP is only way banker to taking some advantage on cryptocurrency. XRP is fully controlled by bank, because that the transaction is really fast. So in my opinion Ethereum will still win than XRP. Ethereum is created to be smart contract where supporting blockchain for token. Many token there have good value, so it is can also support price ETH going up time to time.

If many people discuss about cryptocurrency, let's say you walking many people discuss about Bitcoin, Litecoin, or whatever. That is sure indicated the adoption and learning going very well. Sure the prices will going better than now. Maybe the price going up and up, where the trust on fiat currency also going decreased time to time.

For globalization sure cryptocurrency is going globally. With cryptocurrency, it can break the border between every country. Because with cryptocurrency we can make transaction with less fees and no control by government worldwide. Not like fiat currency, where to going other country need exchanges first with next country. That is more complicated and need long time also.

I think that is possible every country taking action to make cryptocurrency as illegal because they need protect their fiat. Cryptocurrency time to time will going used worldwide beside fiat currency. Where we know fiat have a big problem. Where it is have unlimited supply, fully controlled, and have inflation. Some country also get bankrupt because using fiat. Let's look in the future, hope cryptocurrency will get fully adoption.

I think laundry money is possible in cryptocurrency. For example you deposit on exchanges first with your money let's say from your bank. Then buying coin like Monero or Dash and move it to mixer coin site. From it move it again to your wallet. You will be sure untracked and you can save as much as possible. Because you buying privacy coin then mixer it. But i think now hard to laundry the money, because many exchanges doing KYC, so if government want report user is laundry money, the exchanges can give your personal data for inspection.

That is good news, i think they need more donator so they decide to open donation with Bitcoin. Cryptocurrency user is really big, i sure they can get some donator. Hope that institutions well organized about donation, because cryptocurrency is have volatile price. So maybe they can wrong estimated the donation.

I think that is not wrong people think cryptocurrency is like gambling. Because some people who interested entering cryptocurrency is have wrong mindset. They think cryptocurrency is the way they can be rich in short time. They mostly hear about Bitcoin where starting at price $1 and now going to $8,000. Yes that is right the price really high, but if you only see the price, i hope you not sad with that idea.

On 11/4/2019 at 8:59 PM, I-KUN said:

Maybe the reason for people especially some investors or traders (like forex, etc) didn't like cryptocurrency because its fluctuations. The price of crypto changed highly and it's very fast. So, They get a big ptofit or get a big loss very fast. Also Some of people don't like crypto because it's vulnerable to fraud. 

I think that is depend on the person. For trader sure must know the risk before  going to trading. Cryptocurrency is volatile in the price. So not really stable to trading, because can instantly going up and down. But i am still sure crypto trader is always control their emotion, so if they win not so greedy.

I am in cryptocurrency maybe around 7 years. From first time i join to mining Bitcoin. Time to time my mining is going bankrupt so i sell all hardware and use that money for investment. Overall my mining is not profitable at all because the cost is more than my reward. I move my fund to trading and also some business where now make me profit consistant.

I think gold is more prefer to store money value, so you must know fiat money is always decreased on the value. With gold you can hold that value. So maybe you will see Gold is like increased in the price but actually not like that. For Bitcoin until now i see it is used only for transaction and investment. So Bitcoin is mostly used for speculation.

On 1/8/2020 at 8:42 PM, Nfm96 said:

Gold and crypto are totally different things. The price of gold is almost constant and it doesnt fluctuate at the rate similar to fluctuations of crypto coins.

Yes that is right. Gold prices is not volatile, because the prices i think based on the demand and supply. So the prices seem stable and many people make Gold for store their money value. Not like Bitcoin, it is sure the price going up and down because demand and supply. But some people make it for speculation. So the prices can so volatile.

On 1/10/2020 at 9:05 PM, Kariuki said:

I have been in crypto in about four years and to the right of it , am making not that much of progress to say the least there is some good I have seen, especially when ti comes to currency coins ,I mean crypto coins or tokens that gain overnight 1000% gain or even 2000% case and example the other day Ripple jumped 8,700% in just a single day and it did work very well.

I think if you can get profit 1000% from one token, you will get some money with that. Especially if you invest much money there. But i think that is sure coin where only for speculation. So the prices is going up not really because value that coin. Good for you also gain profit 8% from Ripple. That coin i think good for holding and trading.

On 1/8/2020 at 6:23 PM, Ripolok said:

That’s not true, but only HODLing is also not the best strategy. Everybody was screaming HODL when Bitcoin was $20,000 and dropped to $10,000. It dropped even further. Still, everyone was screaming HODL. This meme is a trick by whales to sell to newbies. HODL is a great long-term strategy over several years, but a terrible short term strategy.

That is right. Holding is not suitable on all time. You need find other strategy than holding.

Holding is good for long term, where you believe that coin will going up and useful in the future. Many people take wrong advice. They think with holding can get profit in short time. That is not right. Holding not good for trading in short term.

Yes that is right.

This is happen because cryptotalk decide to adding a layer security with cloudflare. In my opinion every website connected with cloudflare always slow. Cloudflare only adding security to avoid spammer. But not good for forum, where can disturb many member to posting reply. That is why facebook, instagram, and other forum never integrated cloudflare. Many post also get deleted because this.

I think Bitcoin popular because the price is so volatile. So if you buying now and you expect gain some profit today. Maybe can be wrong, because the price mostly going down. So your fund maybe lost. But i am recommended to not see Bitcoin only for trading. But also look on the intrinsic value Bitcoin, with that you will know so many value on it. You better holding Bitcoin than make it for trading.

You can go to https://yobit.net/en/paybyposts/

There is you can see how many post counted for payment also balance you earned everyday. Don't lazy to check it.

If you already thing have some balance you can try withdraw them all and sent to your wallet or just using it for trading on Yobit. The post in cryptotalk and yobit sure will different.

I think Bitcoin have same characteristic with gold. But the different is about physical. Where Bitcoin can only used on internet, but different with gold only used on real world. Bitcoin have intrinsic value, i think the value is coming from their blockchain system. With blockchain we can make transaction without any control from government or people. Also the blockchain is very secure. Bitcoin also have limited supply, so the circulation will keep health time to time.

I think Bitcoin have same characteristic with gold. But the different is about physical. Where Bitcoin can only used on internet, but different with gold only used on real world. Bitcoin have intrinsic value, i think the value is coming from their blockchain system. With blockchain we can make transaction without any control from government or people. Also the blockchain is very secure. Bitcoin also have limited supply, so the circulation will keep health time to time.

I am really like about Ethereum project. They allow us to create our token to used help people build their business more growing. Ethereum price today is around $130. Maybe this year the price Ethereum will going to $200. I hope that can reach that price. I am always holding Ethereum for long term. Not only because i like when get profit but i prefer invest on good project.

I always using crypto signal group when around 2015. But after that i always use my strategy to trading.

When 2015 i am still newbie about trading, so i just follow the admin in telegram crypto signal. So if the time is to buy, i buy, when they say sell, i say sell. That time like easy time to trading. Because mostly my coin after follow the admin signal get profit. But after 2015, the Bitcoin going unstable and decreasing in the price.

The biggest different is Digital Currency is mostly using fiat currency but using digital system. For example Paypal, Neteller, and etc. That is only used for transaction fiat to fiat. But different with cryptocurrency, where only created to create new currency for digital, they have decentralized and blockhain system. So that will bringing different between cryptocurrency and digital currency.

I think government don't like idea about cryptocurrency. Because they worry about their fiat can lost trust. So will leading many people buying cryptocurrency and the circulation fiat going decrease. It will bringing inflation, in cryptocurrency no any inflation, so the price only with demand and supply.

Don't worry time to time the government will realize that is bad idea to banned cryptocurrency.

I think that is hard to replace fiat currency to cryptocurrency at all. Because the cryptocurrency basicly don't have any inflation. So the circulation in the world going limited, so if someone hold it for long term, can going rich or poor in a day. The loan going popular.  Also if you using cryptocurrency maybe will make the transaction going slow.