Community post
Where is Bitcoin going?
I'm quite scared to open my trading account cause i saw today another crush of BTC and with all my knowledge about the market's volatility this is for sure a challenge. 
This is a daily chart, as you can see, huuuge bearish volume today but on monthly looks a bit better, not that dramatic.
I think this is crucial for bitcoin. We have the all time support and hopefully will not cross bellow, it's very clear as you can see bellow:
So tell me what do you guys think??
Replies (13)
NU vinde stai in standby, in care moneda ai Investit?
clar nu vand :)) am un portofoliu destul de diversificat
Caderea aceasta imi pare ciudata un pic , ma asteptam sa cada saptamana viitoare din cauza la NEM dar nu asa de mult
8000 era o tinta de mult targetata pentru buy-eri din cate am citit
DA, au intrat "big guys" pe piata si vor sa o controleze ei , si vor sa cumpere la un pret mic . daca ai observat ca inainte de 17 ianuarie media a facut propaganda inpotriva monedelor virtuale (frauda, joc piramidal, etc) la nici doua saptamani au retras acuzatiile si au zis ca nu mai este frauda ,etc
yes sir, i'm aware of it. what altcoins do you recommend?
Toate sunt foarte volatile, Eu as recomanda Digibyte ,NEM, Bytecoin, depinde de cat vrei sa investesti. Iti recomand din astea 3:--- Digibyte , pentru ca are o securitate mare fata de multi altcoins , transfer foarte rapid,etc, capmarket total 21 miliarde, total supply 9 miliarde , deci are sansa in doi trei ani sa atinga pragul de 10 dolari minim. Eu in DGB am investit 1500$ si vreau sa mai investesc
Bitcoin is safe, it will always be that way. This type of fluctuations is nothing new in the stock markets game. Think Bitcoin, think Gold. Is just the same.
Anyway, I will rather focus my attention on the protocol itself, and try to find what can be created on top of it :).
It's a big difference between Gold and BTC, Gold it's material(the best nonmetal) and very rare, BTC it's virtual and volatile (POW( electricity)), electricity it's very volatile. Conclusion gold it's palpable, BTC it's not palpable. :)
As long as we keep converting resources to mine Bitcoin, the value it will only increase. Gold is useless deep down in the earth, it has to be mined to get his value. Bitcoin is as volatile as the internet is. Would you believe me that, if the internet get to crash, gold will have the equal value of bitcoin, close to none?
For many, many years after;). Bitcoin is the same as Gold when we talk about store value, not currency to buy commodities. For that, we have thousands of alt-coins :).
Maybe it's is in one way but not only bitcoin, are there altcoin better then bitcoin
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