So do you own any bitcoin?
Yep, I’ve had bitcoin for years. Fell out of love with it though, I started buying it for ideological reasons, and have since switched to buying Bitcoin Cash
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yea I heard a lot of good things about Bitcoin Cash. It’s doing really well so far
Stay away of Bcash boys 
I think that the Forex market is here to stay but that cryptocurrencies will just get more and more popular and their price will rise. However, currently there is a lot of insecurity in trading them. There was yet another hack and theft just two days ago - $31 million worth of Tether coins got stolen this Monday.
This is hardly the first such theft and I think we’ll see more of it in the future, unfortunately.
If someone wants to hack Bitcoin, they have to attack the majority of ledgers at the same time, which is almost impossible. The problem is in the exchanges and wallets that operate with bitcoin. That’s why people encourage any bitcoin/crypto holders to purchase a ‘hardware’ wallet such as the Ledger Nano S to store their coins. Its less than $100. It’s possible that can be hacked too, but it’s a much more safe and secure.
In my opinion It is a bubble that can explode soon. But it is very attractive to invest
There has been yet another hack and yet another theft. This time hackers breached the security of the NiceHash cryptocurrency exchange and stole, according to users, 4,736.42 BTC – an amount worth more than $73 million at current prices.
In the light of recent events it’s very hard to have trust in the system despite the Bitcoin’s incredible rally.
Cryptos are here to stay. Bitcoin is the hype at the moment, but I think once we learn more about some of the others out there, a couple will compete with Bitcoin for market share.
Coinbase CEO talking on Bloomberg yesterday
https://www.bloomberg.com/news/videos/2017-12-07/coinbase-ceo-on-crypto-surge-bitcoin-futures-irs-video
I absolutely agree that cryptocurrencies are here to stay. What bothers me are the constant thefts. I hope that in time security will improve, because in the last few months alone thieves have made off with over $100 million from cryptocurrency exchanges.
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What ? where’s this coming from - Ain’t they got CCTV ?
How do you get a Crime number ? and do the Insurance Companies pay up ?
[Edit - How do you Fence them ? Surely there is an "Audit trail " ? ]
Things can go downhill really fast if you’re not carefull, If you’re not sure if you should (Or why you should) invest on something as volatile as Bitcoin then you probabl should be doing it in the first place
As I always say, we must take advantage of the opportunities that life gives us, if God put this excellent business in front of us, why not take advantage of it. Do not waste your time thinking that when you stop going up, but rather enjoy the trip and continue generating income, keeping in mind the market strategies.
I’m not saying that you shouldn’t profit from it, I’m just saying be careful, as the price may turn the other way anytime
There has been yet another hack and theft, I don’t know whether I should even count them at this point.
The Korean exchange Youbit got hacked yesterday and the hackers made off with 17% of its coins. This is the second time they’ve been hacked this year – the first time the hackers made off with 4000 Bitcoins. The exchange is now filing for bankruptcy. This comes on the heels of the NiceHash hack and the Tether hack that also happened recently, not to mention the Bitfinex hack last year. The more it happens, the warier I become.
I really do not know what to think, to be honest. The behavior in the markets is very unbridled and people have very little education about it. I’ll just wait to see how it unfolds.
Hi,
I am extremely sorry for the late reply as I was occupied for so long with some work,
In concert with the today’s stats of Cryptocurrency, the ripple is talking to almost all the international bank for adopting their technology for NEFT(National Electronic Funds Transfer ) payment…so next big move expecting ripple.
However, Bitcoin is sinking after its booms whereas Litecoin is growing steadily.
Hmm. I got into ForEx because I was curious about cryptocurrencies too. However, I decided to venture into ForEx first since my uncle recommended it. He said that ForEx has been around for so long and already has a strong foundation.
Personally, I think the Forex market will just grow alongside cryptocurrencies.
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After the latest hack in South Korea the government has taken new measures to curb the speculative trading on cryptocurrency exchanges. They will include a ban on opening of anonymous cryptocurrency trading accounts and new laws that will allow regulators to close cryptocurrency exchanges, if needed.
“The government had warned several times that virtual coins cannot play a role as actual currency and could result in high losses due to excessive volatility,” the government said in a statement.
The market for cryptocurrencies is SO VOLATILE which makes me think that the things that happened last year (even towards the end of December) don’t have THAT much impact on the coins now.
I remember talking to a friend about my interest to get into Bitcoins and altcoins but he was just very negative about it, saying that it’s going to crash or all these regulations will change the game altogether. But then again, the RETURNS are unbelievable. I wouldn’t be surprised if it’s bound to crash soon.