I was wondering if it's possible to purchase bitcoins in person? Anywhere in the world? Something that wouldn't leave financial records of my purchases? Making a deposit too would be good. Would anyone else be interested in it?
Ever since I started buying and trading bitcoin, I have never bought it from exchanges. I usually buy person-to-person. If I’m to make use of exchanges it will require giving out some information I wouldn’t like to give out. First time I bought Bitcoin was from a friend who introduced it to me, after then he introduced me another person who buy and also sell Bitcoin to people. That’s how I have been doing it all this while, I have never purchased from exchanges. |
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How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Getting people to make use of Bitcoin would be a very difficult thing to do. First of all, most of us already have a bank account and do you expect them to withdraw the whole they have in their accounts or maybe half of it and move it to cryptocurrency? No, that’s not going to happen, cryptocurrency is not even stable, how do you expect people to do such a thing? They will never agree. Not today at least. Satoshi meant for bitcoin to be used like a currency for easier and cheaper transaction, though btc's current state would make it hard for anyone to consider it for it's real use. But don't count that posibility out as well since bitcoin's future is still far from realization. Lol, even the question doesn’t make any sense. It’s none of the op’s business if people choose to make use of cryptocurrency or not. You can’t force anyone to make use of what they don’t want to, people just don’t like Bitcoin and that’s the truth. Not even all of us here can withdraw the whole money we have in banks and put them in cryptocurrency, because we know what will happen. |
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[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
Sometimes I don’t really see the need for having virtual currencies. A lot of people I have asked keep saying that they like it just because it is digital but that doesn’t make any single sense to me. We still need physical and they are very important. You like Bitcoin and you want to make use of it because you are rich and you have access to internet. Do you ever think about those people that doesn’t have access to it? If you want to make use of Bitcoin it’s your choice, don’t expect others will do the same thing as you, choices are different. |
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I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
I don’t think you can do anything about that, since Bitcoin is free from being controlled by anybody it’s likely to remain unstable. Some experts claim the reason for being unstable is because it has a fixed supply and according to an article I read on Coindesk, it’s likely possible to change that, but it’s going to take a long time. That’s why you will hardly see a Bitcoin business, except businesses that accept Bitcoin. |
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I hate to see bounty hunters beg for tokens, after working to promote a project.
Some people would say that bounty participants are given free tokens and so they feel they should not be treated well and perhaps not be paid.
Even if you do not invest your money directly into a project, you have indirectly invested money.
- The time you spend in promoting a project is much more precious than money, because time spent or wasted cannot be regained, while money can still be regained even if wasted.
- You have spent your energy and effort. As a matter of fact, there are people that sleep so late at night, just because they are trying to promote a project. Except you feel you are not honest enough.
- The electricity used, internet facilities used and other amenities used are paid for. For instance, in my country, there is no free internet facility and i spend so much on browsing data.
All of these if looked into sometimes and the cost implication made, might be much more than the money anyone might have invested directly into a project.
Therefore, you are not to beg for tokens, you are also like any other investor, who has invested his/her money.
If your services are not needed as bounty hunters, there would not have been any token allocated for that.
The right word is claim and not beg.
Bounty hunters are not beggars of course. The time you spent promoting that bounty is worth more than what they invest in it. It is not easy to be a bounty hunter, there are lots of stress in doing that promotion of a thing, but at the end they will still not value all the effort and time you have put in promoting their bounty. Some of them will just pay whatever they want and not count, although those are not my problem cause half is better than none. The worst is working for a scam ICO that wouldn’t pay at last, lol. |
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Xrp will definitely fall and eth will claim it's position again. Eth have more potential than xrp but who knows on what will happen. Maybe xrp will strengthen it's ground or it will just stay the same like it was used to.
I don’t think so. XRP has been progressing ever since it was released going from the least position to and taking the third position from Bitcoin Cash (BCH) and now it has taken the second position from Ethereum. I’m sorry to say this, but ETH is just turning to a big failure and keeps falling, I just hope this next bull run helps it out. But still that doesn’t mean it is going to take that second position from Ripple. Let’s just watch and see. |
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 Nov. 14: Crypto markets have suffered sharp losses over the past several hours. The major market drop off took place between 10:30 a.m. (UTC -5) and 12:00 p.m., with some of the top 20 cryptocurrencies dropping by as much as 18 percent at press time, according to data from CoinMarketCap. According to data from Bitcointicker, after 11:00 a.m. (UTC -5) Bitcoin dropped below the $5,600 price point for the first time in 2018, sinking further to as low as $5,506 at around 2:00PM. Bitcoin is now down around 11 percent on the day, trading at $5,612 at press time. The recent movement of the market was predicted by a number of industry experts, who also suggest that the bear market would last beyond this year. Technical expert Willy Woo, founder of data webstie Woobull, has recently predicted that the bear market end may end “around Q2 2019,” based on “putting together the blockchain view:” “After that we start the true accumulation band, only after that, do we start a long grind upwards.” Earlier this year, crypto investor and founder of Galaxy Investment Partners Mike Novogratz predicted that Bitcoin will not manage to break $10,000 by the end of 2018, claiming that reverse of the trend will take place by Q2 in 2019, when the industry will get more institutional involvement. Reference: https://cointelegraph.com/news/markets-see-massive-selloff-bitcoin-dips-below-5-600-for-the-first-time-in-2018Yes that’s true, $5,561 as we currently speak. I’m not even surprised cause I know already that the price is still going to drop more. I wasn’t expecting any bull run this year and there is likely not to be any this year. I have plans to buy Bitcoin but not now, cause even before now I saw an expert predict that Bitcoin will drop below the $6000 rate. So we should expect another drop after December too. So I’m waiting till then to know if I will be buying any coin or not. |
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In case of a strong crisis, people can start looking for a new place to invest, and come to cryptocurrencies.
Well in believe that the crisis in the Italy will affect Bitcoin in the way that people will have limited values or capital to invest in Bitcoin and own the magical currency after the devaluation in the financial assets that loose value after the recession. So yes Italy’s financial crisis is going to affect the prices of Bitcoin in the form of a decreased demand that affect the price directly. About the new investment opportunities, Bitcoin is no doubt attractive. |
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trading without experiencing the loss seems very unlikely and I am sure those who are currently trading experts will definitely suffer losses first and after that they can trade without having to lose so you should be able to learn how to trade properly and correctly in order to avoid losses .
No single doubt word in here. When you are planning to make your life for trading, you want to earn from trade then do understand and grab this point that you would never be winning every single time. You would never get benefit and profit from your investments. Things aren’t that much easy here. Loss is equally waiting for you to attack on your investments. |
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Friends, how do you find out fake news? Do you think he impact of this news hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?
News don’t have much effect on the price of Bitcoin cause everyone already knows what Bitcoin is and how it works. They know that it is volatile and they can lose their money at anytime, so if they want to buy they do proper planning, unless you’re still a noob that knows nothing. But news will have a little effect because it can lead to panic, but it won’t stop the market from growing later. |
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what would you do if a newbie said he could develop your money and he asked you to invest money in him ?
The newbie in this forum does not speak about his IT experience but I think you should give him some questions to consider about his knowledge of blockchain technology and the crypto market. . Lol, I think it will also be a good idea if they newbie will teach me how to do that myself and earn the money, instead of telling me to give them my money. One thing with me is that I have vowed never to trust anyone I see online, nope, no way! I can’t even trust those I meet face-to-face not to talk of online. I can’t be fooled twice, I was scammed once and I’m not going to let that happen to me twice. |
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This is the reason why we should use blockchain technologies with KYCs to prevent such things from happening. Banking systems are almost obsolete and corruptable in itself so we must implemented new systems to make it s deterrent for people to launder money or even fund terrorism.
The reason why those same banks will be trying all their bullshits to try as much as possible not to let it come into play. This is one thing a lot of people do not understand, this same dudes that keep shouting bitcoin is a fraud and all that, know how blockchain entirely will really end up affecting the way they have been doing things. They are just some bunch of hypocrites and when it comes to fraudulent activities, banks have always been the first major culprits over time and for what it is worth, I guess people's eye should start opening to see them for what they really are. |
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Hey Everyone I'm Very New To Crypto And I Just Want Some Good Suggestions That I Have 500$ And Where Should I Invest Them?
Help Will Be Appreciated Thank You.
since you are a beginner, it will be quite difficult for you to choose the ICO in which it is best to invest. so I think the best thing for you to do now is to buy bitcoin or Ethereum. it looks like the most profitable option now A new guy in the market should not get indulged in the complicated things to make money and should rather go on a bit smooth which is the business in the cryptocurrency particularly that in Bitcoin because of the fact that Bitcoin is down with a down risk. ICO is uncertain and has been the reason why so many people have lost to the market. In order to stay safe with the initial investments, better invest safe. |
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Your situation is a bit on the extreme, you must be an adent holder for you not to cash out you $700000, U believe people are the ones making Cryptocurrency market very strong!
Well end comes when the market dies. Look at the market, no mater which source you use for collecting information, you would find that the market is very alive and has actually high demand. Even we have some positive vibes about the market in coming few months that the value will spring up and will replicate the worth of the invested money several times higher. In such cases, it is just not possible to get the value of Bitcoin profitable. |
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it seems that not only you experience this much so much and they feel unlucky when trading maybe because they can't control their patience and make them say that.
Yes, some people can’t have patience and that’s what even makes them lose. If you want to invest Or trade then be ready for whatever follows and always have plans on what actions to take if the unexpected happens. When price starts to fall you either opt for a quick sell out and avoid further loss or you can continue to hold that coin if you believe that there will be increase in future. |
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I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
Yes, trading is difficult and there are heavy risks, you just got to be ready to take those risks. And for you to become an expert in trading, trust me it’s going to take you some years of serious study and practice. I didn’t just read it online, I went for a training more than I can count before I knew how to trade. You don’t just go into trading without having no knowledge about it, you will lose. |
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People who used crypto to scam other people should be placed behind bars for they are the one who put a bad name on crypto. There are lots of newcomers into cryptospace that lost their retirements, and huge amount of money merely because of the lack of knowledge about the technology.
When the hype started about crypto being a good investment vehicle, some made millions while others were scammed and because of those incidents, the government was alarmed and really needed to do regulations.
We should all be vigilant to report malicious activities or transactions using crypto. For it can destroy the good name of the technology and so that we can attain full adoption in the near future.
Scam is something that has been happening for ages now and in as much as we can get to understand that it is a new technology, a lot of people are still learning to adapt, some will make mistakes, and I believe scammers will always see it as an avenue to want to do their thing. However, when it comes to destroying the good name of the technology, I doubt if this is something that would happen because if it could, in its early days, all the scams and hacks could have gotten it down, but it still keeps thriving. With regulation, I believe things will even get a lot better. |
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poverty will be reduced if Bitcoin and Altcoin are utilized, but to get there I think it's still a long time ago because we know that until now the government is still unable to legalize cryptocurrencies for various reasons, such as fear of being misused for money laundering or other financial crime.
We need to understand that bitcoin and altcoins are just basically payment tools and utility tools depending on how they are fashioned, and in such cases, even though they may be disrupting a lot of things eventually, the idea of kicking out poverty is not something they will just solve pretty much like that, and they cannot even solve it unless actually utilized effectively with some other factors added when it comes to governmental policies, innovations and creation within the country itself which in this case, there will be more jobs, and people will tend to do well for themselves over time. Cryptocurrency is not going to do all of that alone. Well there is quite difference in this scenario. There are hundreds of people who have been benefited from bitcoin. They have done classic to recover their losses and they converted from poor to an average. Right now, they are earning so handsome and living happy standard life. But yes, you can’t say bitcoin is only for earning. I think it plays for both things. |
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the latest news support makes crypto prices go better and this will provide fundamental reinforcement of the technical analysis you make, now prices are starting to increase but can still buy at low prices and sell them higher to get the target profit we want
See if you are able to make money out of the trade in the current time, better go on with the money and keep trading but it also depends on how much you want to make in crypto. Better does the cost benefit evaluation and see if the amount that you will earn when you trade the coins in the green market is more than what you make today, do not trade. The worth in future will be much more than the worth you will earn today. |
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Do you think New coins or New Project is still worth ? You know everyday there is a lot of Coins are trying to enter market , and also many projects with different functions. And some of them are scam. Dont Be harsh guys, just my obesrvation.  What do you think ? Some are worth it, some are just recycled, and some do not even have any prospect or any chance of the team coming up with anything, considering they do not actually have what it takes to be able to do anything at all. This is one of the reasons why it is very important to try as much as possible to at least do due diligence on the project you want to be investing in and be sure that you at least consider the possibilities of long term growths before even deciding to invest at all. |
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