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      "body": "![](https://media.brstatic.com/2017/09/12165423/should-i-buy-bitcoin.jpg)\nBitcoin’s price has tumbled, falling by more than 25 per cent over the past seven days.\n\nAt one point today, it was worth just half as much as it was a month ago. That’s an enormous decline, and investors are concerned that they may be about to lose money. \n\nHere’s the latest on bitcoin and why its value has plummeted.\n\nWhy has bitcoin’s price fallen?\n\nThe price of the cryptocurrency rapidly declined after it emerged that South Korea could be on the verge of banning bitcoin trading altogether.\n\n“There are no disagreements over regulating speculation,” such as using real-name accounts and levying taxes on cryptocurrency trading, Finance Minister Kim Dong-yeon is reported to have said this week. \n\nHe added that shutting down digital currency exchanges is “a live option but government ministries need to very seriously review it”.\n\nEven if such a ban fails to materialise, South Korea could still impose strict new regulations on the market. Measures under discussion reportedly include bans on underage investors and anonymous trading accounts.\n\nThat’s not all bitcoin holders are worried about. \n\nChina is also said to be considering cutting off access to online services – both foreign and homegrown – that allow people to trade digital currencies, such as exchange websites.\n\nSuch measures would discourage the use of digital currencies altogether.\n\nNothing concrete has been announced yet, but the speculation appears to have caused a huge amount of panic, with people now fearing the worst and looking to sell off their holdings as soon as possible. \n\nAt the same time, others will be tempted to buy up bitcoin now, while it’s relatively cheap, in the hope that the decline is only temporary.  \nIs the drop surprising?\n\nBitcoin is notoriously volatile, and it has suffered huge declines before.\n\nAfter hitting a record high when it passed the $19,850 mark in mid-December, it tumbled rapidly, falling to below $12,000 within days. At one point, its value dropped by almost $2,000 in a single hour.\n\nHowever, right now there are serious fears that a huge crackdown is coming. \n\nIf the trading of digital currencies is eventually banned in China and South Korea, bitcoin’s price could fall even further.\n\nAt the same time, the value of the notoriously volatile cryptocurrency has fluctuated unpredictably for weeks, and nobody truly knows whether it is about to rise or fall spectacularly. \n\nHave ethereum, Ripple XRP and other altcoins dipped?\n\nAstonishingly, all of the other top 10 digital currencies by market capitalisation have plummeted even further than bitcoin over the past 24 hours, according to CoinMarketCap.\n\nWhile bitcoin has declined by 12.65 per cent since yesterday, ethereum is down 17.45 per cent and Ripple XRP is down 21.05 per cent, at the time of publication.\n\nBitcoin Cash and Cardano, the fourth and fifth biggest digital currencies by market capitalisation, have fallen by 20.18 per cent and and 17.97 per cent, respectively.\n\nIn fact, all of the top 20 digital currencies by market capitalisation are in the red. \n\nThese falls are, once again, tied to fears that trading digital currencies could soon be banned. \n\nAhead of this week, bitcoin alternatives had soared in value. A large number of people are thought to have invested in them in the hope that they would go on to surge like bitcoin.\nWhat do financial experts say?\n\nA multitude of financial experts have described bitcoin as a bubble, which could keep inflating until it completely collapses. \n\nIt has been labelled a “huge scam”, a “dangerous speculative bubble” and compared to an infamous historical crash involving tulip bulbs. \n\nBillionaire investor Warren Buffett recently said he has no plans to invest in bitcoin or any other cryptocurrencies, because he doesn’t know “anything” about them.\n\nOne way or another, bitcoin is going to be crushed by the authorities\n\n“In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” he said. “When it happens or how or anything else, I don’t know.”\n\nOn the other hand, JPMorgan chief executive Jamie Dimon has now said he “regrets” calling bitcoin “a fraud”, and believes blockchain, the technology behind bitcoin, is “real”. \n\nThe overwhelming consensus amongst financial experts, however, is that its price will eventually crash.",
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      "body": "I was late as well, I bought 1 BTC at US$1200 and added some GM - Cloud mining so still being paid by that. If it gets to a million then all good other wise just another addition to the portfolio.\nGood article BTW.\nCheers\nGUNGA",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://gizmodo.com/how-much-should-i-regret-not-buying-bitcoin-1822504833",
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  "op": [
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      "parent_permlink": "cryptocurrency",
      "author": "sarveshjhanwar",
      "permlink": "how-much-should-i-regret-not-buying-bitcoin",
      "title": "How Much Should I Regret Not Buying Bitcoin?",
      "body": "https://i.kinja-img.com/gawker-media/image/upload/s--_Qn8ieBB--/c_scale,f_auto,fl_progressive,q_80,w_800/bdlxvseuf4dgfr3pvlxg.png\nThe first bitcoin transaction ever was by man who bought two pizzas. That arrangement would be worth over a $100 million today. Regret was baked into Bitcoin from the beginning. Last year, somewhat inexplicably, Bitcoin’s price rose more than 1,000 percent. That number has since dipped, but a single bitcoin is still, as of this writing, worth around $11K.\n\nThis boom has turned a small number of people into millionaires, modestly enriched a somewhat less small number of early adopters, and sent millions of others into a paroxysm of envy and regret. If you’d never heard of Bitcoin, you kicked yourself for not paying closer attention; if you’d treated Bitcoin as a joke, you probably still did that. Maybe you recognized right away that it was all unstable and unpredictable and not for you, while also privately daydreaming about how you might’ve spent your Bitcoin millions. Of course, for those investors who tried to jump in on the wave when it hit an all time high in December, regret means losing half of your money because you were too late.\n\nHow mad at yourself should you be for missing out on that perfectly timed investment? Is your lack of foresight here worth regretting? For this week’s Giz Asks, we reached out to cryptocurrency specialists, psychologists, an interfaith minister, and others to help us answer those questions, and guide us through these trying times.\nBrian Patrick Eha\n\nJournalist and author of How Money Got Free: Bitcoin and the Fight for the Future of Finance\n\n    You know that Marilyn Monroe quote, “If you can’t handle me at my worst, then you sure as hell don’t deserve me at my best”? The same could be said of Bitcoin. So one reasonable answer is that you shouldn’t regret it at all—if you weren’t the sort of person to recognize Bitcoin’s value in 2012, when its market price was less than $10, or in 2013, or in 2014 or 2015, there is no sense in kicking yourself now.\n\n    A lot of people missed it: Another Bitcoin journalist is on the record as saying he didn’t initially expect digital currency to have any more staying power than the fad for pet rocks. Way, way more people missed the boat than got onboard—and plenty of early passengers bailed out when the going got rough. Even the ship’s crew (to stretch this metaphor to the breaking point), which is to say the early adopters and Bitcoin miners and startup founders and software developers who were advancing and advocating for the technology back then, had no guarantee they wouldn’t run aground. Along the way, there were plenty of reasons to doubt Bitcoin’s success: There were price bubbles and crashes and scams and arrests and epic meltdowns, which is what made it such an engaging story to tell.\n\n    While it may be too late to make a pile of money on Bitcoin, cryptocurrencies and blockchain technology have a lot of room left to run. The speculative frenzy and resulting press has obscured just how remarkable these innovations are, how smart and hardworking many of their creators are, and how varied and significant are the needs and problems—techies call them “use cases”—they are trying to solve. This isn’t investment advice, but anyone with an interest should not only research Bitcoin but look beyond Bitcoin to other projects, such as Ethereum, Dash, Zcash, Golem, Augur, and SALT. Some are trying to be a powerful new medium of exchange, while others are meant to power software applications or provide users with new financial tools. Many are still early, too early to have proven themselves, but the excitement among those in the know is palpable.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.thebalancesmb.com/simple-ways-make-money-online-2531879",
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      "title": "7 Simple Ways to Make Money Online",
      "body": "The Internet is more than a source of news and entertainment gossip. Today, tens of billions of dollars are being exchanged via a multitude of legitimate activities. More and more people are starting their own businesses on the internet and making money online. Some are even turning their online ventures into full-time internet businesses.\n\nAre you ready to turn your passions into profits and start your own online business but not sure where to get started? Let's take a look at seven ways to make money online that won't require a lot of time or cut into your regular routine. Think of these options as supplemental sources of income with the potential in some cases to be a whole lot more.\n\n01 Starting Your Own Blog make money blogging\n•••\n![](https://fthmb.tqn.com/uwvEXaqNd6bBhLmvTn2FwUEnGtE=/300x0/184992667-56a6cffd3df78cf772905de9.jpg)\nThe first way is one of the most popular ways and easiest ways to make money online... starting your own blog.\n\nYou can start your blog around just about any topic that you're passionate about, but you may want to consider choosing a profitable niche market if you intend to make money with your blog.\n\nUse your blog to share hobbies, thoughts, and passions with others and use your page to make real connections with people. The mechanics are straightforward, and you'll be able to profit with your blog via online advertising (e.g. Google Adwords), affiliate marketing (see below), and subscriber-based lists to produce a steady stream of income. There are many ways to make money with a blog.\n\nThis is one of the fastest ways to get your own piece of \"virtual real estate\".\n\n02 Affiliate Marketing affiliate marketing\n•••\n![](https://fthmb.tqn.com/1sNAnCVv5rhzKqB6CfgqQ0yPZmY=/300x0/affiliatemarketing-58ffbabe5f9b581d5996cbe8.jpg)\nEven if you don't have your own products or services to sell, affiliate marketing gives you a chance to earn strong commissions through a series of one-time sales. Online merchants provide you with an affiliate website (or a simple affiliate tracking link) and marketing support – all you have to do is promote the company with your link via social media, search engines or perhaps ideally your own website or blog (see above).\n\nWith all of these methods we're discussing you'll want to be sure to build your email list so you can continually follow up with your subscribers and generate additional sales.\n\nThe great thing about affiliate marketing is you don't have to create your own products, you don't have to provide any customer support, and you don't have to create your own marketing materials.\n\nAll you have to do is pick a profitable market, promote the products as an affiliate and earn a commission anytime a sale is made. Affiliate marketing is one of the fastest and easiest ways to make money online.\n\n03 Start Your Own E-commerce Website start e-commerce website\n•••\n![](https://fthmb.tqn.com/kAduYz3smLIdVqL-VDKDxiZc_tk=/300x0/selling-on-Amazon.com-582668cd5f9b58d5b17a71a9.jpg)\nAnother great opportunity to make money online is with an e-commerce website/store. \n\nThis is where you are selling physical products from your website. The most common (and hassle-free) way to do this is via drop shipping; where you simply take the orders on your website and use a third-party source that manufactures and ships the products for you.\n\nThey key thing you'll want to do is focus on one specific niche and be a specialty store that just caters to that market, don't try to be all things to all people like an Amazon.com.\n\n04 Online Publishing (E-books) publishing ebooks\n•••\n![](https://fthmb.tqn.com/is8-MLQeyA40kXeFpXyNZ3-QrNY=/300x0/How-to-Publish-Your-Book-on-Amazon-Kindle-56a6d0165f9b58b7d0e4ed80.jpg)\nRegardless of your current occupation and lifestyle, there is probably a book inside of you that's screaming to get out. Amazon's Kindle Direct Publishing (KDP) platform has given thousands of people a chance to become published authors and earn money. It may also serve as a way to get noticed by more established and traditional publishers.\n\nNot only can you sell ebooks on platforms like Amazon.com; but you can also sell ebooks directly from your own website as well. This allows you to sell your ebooks at higher prices and get all of the profits.\n\nYou can also repackage multiple ebooks into larger \"packages\" or use the ebooks as a foundation to sell higher-ticket online courses or even coaching and consulting services.\n\nPublishing ebooks is a great way to make passive income, grow into bigger projects, and establish your authority as an expert in your market.\n\nWith simple to use tools, access to outsourcing graphics, cover design, etc. anybody can self-publish a book and have the same professional presence and credibility as a big publishing house.\n\n05 Online Surveys online surveys\n•••\n![](https://fthmb.tqn.com/y4PoCX96H2YAss_SbOcjD9bdQ7o=/300x0/onlinesurveys-5ac27d7efa6bcc0037fd3917.jpg)\nOnline surveys are one of the easiest ways to earn extra cash. Brand name corporations and market research firms are desperately seeking people's opinions on products and services and will offer good remuneration for it. Depending on their complexity, each survey can be worth five, ten or more dollars.\n\nThere are many reputable survey companies to choose from, but you may want to limit yourself to 3-5 in the beginning. Stick with the survey companies that give you plenty of surveys to take and pay a decent amount and stop using the services that don't end up being worth your time.\n\nYou also want to avoid illegitimate companies; as this field is widespread with scam opportunities that will take a lot of your time and pay you very little money or even scam you out of your money.\n\n06 Online Freelancing freelance writing\n•••\n![](https://fthmb.tqn.com/HUnWPJiqh0xAUlP8WYG8wd84xIE=/300x0/frelancewriting-5654fc943df78c6ddf1e3b13.jpg)\nIf you have specific writing/journalism skills or are adept in various IT/software domains, freelancing may prove to be a lucrative source of secondary income. Increasingly, companies are implementing a content marketing strategy and turning to outside sources for specific assignments, and if you can prove your worth there will be more work available. Even simple skills like data entry may be to your liking, provide you can offer at least 5-10 hours weekly.\n\nAll you need is a computer with an Internet connection and the desire to build a respectable clientele. Chances are that these opportunities will allow you to gain valuable experience and skills that will prove valuable in your existing business and professional career.\n\nIf you're already writing ebooks in a particular niche market (see above) then why not make your services available for other companies; as you already have the expertise to take on the niche writing assignments.\n\n07 Coaching and Consulting Online online coaching and consulting\n•••\n![](https://fthmb.tqn.com/KSecV7wVqj1qqRb0K8iH4K1ASlM=/300x0/online-coaching-consulting-5ac27e8318ba010036ece563.jpg)\nWith the low cost of communication and technology, you can connect with anyone around the world. \n\nIf you're already making money selling information online via Kindle books, affiliate marketing, or your own information products as mentioned above then you definitely have the opportunity to add coaching and consulting online as a source of revenue.\n\nThis isn't nearly as scary is it sounds if you've never done it before. Most people who are buying from you would love the opportunity to speak with you to answer specific questions and get personalized advice.\n\nWith tools like Skype, video conferencing, and webinar technology you can offer one-on-one calls, group coaching calls, and small mastermind meetings.\n\nA simple Kindle book or ebook sale can lead to a high-end client who wants to pay to work with you one-on-one.\n\nStart Your Online Business Today!\n\nThink about it, making money online is surprisingly easy once you set your mind to specific income goals. Ideally, the activities that you choose to engage in are fun, exploit your talents and interests, are worthy of your time, and offer fair compensation.\n\nAs the Internet continues to evolve, opportunities to earn supplementary and full-time online income will grow. The very definition of work in an information-based economy is evolving, with traditional full-time jobs disappearing in favor of different arrangements (e.g. self-employment, flexible schedules, changing skill sets, etc.). In this respect, giving it a try can open up new career and business options.",
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      "body": "jaja you're right, greetings.",
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