I know there are several online stores and services that offer discounts when you buy with bitcoins. I salute this incentive as it will only boost the adoption of cryptocurrencies. Also AFAIK you can get amazon gift cards with over 10% discounts with BTC from purse io.
If you're planning to make $10k worth of shopping on Amazon that would save you a good $1k - in my opinion that's well worth the time.
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You might want to check out the Cindicator project. They are using "Wisdow of the crowd" and machine learning/artificial intelligence to develop trading algorithms and strategies.
Almost every indicator out there has a correlation with the market. After all EMAs, RSI, Stochastic, etc. are all based on the open and close, volume and time. The only way to "train" a machine/algorithm is by intensive tests.
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A rule of thumb would be to use your common sense. Why would someone who is able to double his money in just a few days spend his time looking for people's money? It is an obvious scam and you should acknowledge the fact that 99.99% of this kind of offers are scams. Think about it: the biggest hedge funds in the world are very happy and exalted with a 15-20% annual return and they have many experienced traders working for them and scooping the markets for opportunities.
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I don't see why Bitcoin would fall if we find the identity of Satoshi Nakamoto. In the same way it could rise to new heights. But if Satoshi managed to keep himself private until now I don't see why it would reveal himself now. Maybe he will decide to reveal himself before he passes on in order to remain on our world's history, but that's just a guess.
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This is the proof that when fiat currencies go the wrong way drastically people are able to choose the better solution, one without inflation and that is not manipulated by any government. The thing is that on more developed countries the inflation is much lower and people don't comprehend the toll their finances take by making economies and holding cash.
The next generations will feel the consequences though and crisis is imminent from time to time. But why does that have to happen when we have better solutions? The answers are corruption, personal interests, population control, etc.
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I think hashing means more people are into mining it has nothing to do with price. Price is directly linked with factors like adoption, government acceptance. 500$ spike is nothing new about bitcoin. I am with all others wanted to see bitcoin at 10k but with current rate it looks a bit difficult but who knows bitcoin can do that.
An increase in the total hash rate does not necessarily mean there are more "people" buying. It could have been just a miners who bought more rigs or replaced the old ones with new, more powerful ones while selling the old, inefficient or recycling the components. Moreover when hash rate increases the difficulty does the same thing thus the production cost of Bitcoin should increase especially for miners with low financial resources.
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If I were you I would split the BTC on 3 wallets - 2 hardware wallets and 1 paper wallet. Be sure to keep at least two copies of the paper wallet in case something happens to one and make sure you use quality paper that is water resistant - maybe put it in a protection sleeve or smth like that.
Also assure that you are keeping them in different locations - I mean you could keep one or two in the house, but put the other one in the guest house or in the basement in case of any disaster/calamity.
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90% of the crypto youtubers out there are like you say. And that shouldn't be a surprise. People like this have existed since the stock market was invented. They have results because the majority of the people are like sheeps - they need a leader to follow - a dad who can guide them in the markets, but if it would have been that easy everybody would make millions just by following signals from here and there.
On the positive side some crypto youtubers do provide valuable information about the fundamentals and technicals. You just need to filter out the noise.
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I wouldn't recommend anyone making predictions on time. The forces acting in the market change from a moment to another. You can't possibly know what other entities have in their trading/investing agendas.
But I'll take the bet if I have the same odds as you. Great risk/reward for me haha
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Adopting innovations too fast and spending a lot of money into researching can result in a drawdown on the short term especially when if you live in a democracy. For example I'm sure that not everybody will be happy with the implementation of cryptocurrencies in all stores and encouraging people with making payments through it. Also businesses might be threatened by the demand of taking the learning curve to use blockchain & cryptocurrencies efficiently. That would mean serious changes in the way the company operates, accounting, relationship with customers and vendors, etc.
BUT in the long term they will open themselves to a whole new world of opportunities, cost-efficiency and transparency.
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If they are a licensed fund with an authority which I am skeptic about - I think they are obligated to do KYC of their clients/investors but don't take my word for it. Be cautious and make a background analysis of that company. Remember that scammers can be very ingenious - don't giveaway your personal data, maybe consult yourself with a lawyer.
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In my opinion most of the problems that traders and investors face are emotional and are related to their perspective on the market. For sure there are a lot of scammers, hackers, conmen, etc. , but you can easily avoid them with common sense and by being careful where you put your money. The two main problems - FOMO and FUD - many traders & investors suffer from these two and thus they are easily influenced from the opinions of other people who have their own interests. Remember that no one can know which way is the market heading towards.
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Ok, once again his statement was false. At least his reputation will fall in the eyes of who still believe that he might be the creator of Bitcoin which is hilarious and ridiculous at the same time. One of my goals in this life is to fight and take serious measures against impostors and people who want to live by scamming others. At the core it is a matter of education - and I pity him and alike people who live their life in a constant run for money and/or fame. Life is not about that. To be happy you only need food and shelter. Our world is beautiful if you can look at it from a clean perspective and being blinded by greed and impulses.
As other members said - if there was really a flaw he would have profit from it. Also I think that Bitcoin has passed the test of time and the code is bugfree at this moment.
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I like the image even though the postcard is a little pixelated. haha Happy New Year to every Bitcoin supporter in this forum and let's cheer for a prosperous 2020 in both financial and adoption terms.
I know blockchain is a technology to stay and that Bitcoin can become a mainstream universal currency and store-of-value.
HAPPY NEW YEAR!
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This is exactly why I think centralized exchanges will be a thing of the past soon for trading cryptocurrencies. Of course that derivative Bitcoin products will still be traded on centralized exchanges like CMEs and Bakkt, but I expect that in the next couple of years most of the spot cryptocurrency transactions to be made through true decentralied exchanges, not on the actual "DEXes" that are all over the place nowadays - which are not 100% decentralized.
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Holding has always been a viable tactic. It is a synonym of long-term investing - which approach is chosen by many established big investors and well-versed in the financial world. My recommendation is to always invest just what you can really afford to lose. How much you can afford to lose is a function of every individual's needs and desires, risk tolerance and some other factors. Bitcoin is an asset that has great fundamentals and therefore IMO a great potential for further appreciation in price. Call me crazy, but personally I don't think that $1M/btc is a big number taking into account the limited supply and the inflation of fiat currencies especially the US Dollar.
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Bitcoin has had a rapid growth so far both in terms of adoption and price development. In my opinion the new decade will just accelerate the process. I expect new features and ways in which consumers and business together will be able to interact with blockchains in general. With the halvening right around the corner - well.. a few months away - I'm sure we're going to have a very exciting year.
My prediction is that start-ups will be the ones which will drive the adoption of Bitcoin and blockchain. We need fresh thinking and brainstorming on how to inspire and convince people that Bitcoin is the better and more efficient currency/store-of-value.
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I am a tennis close watcher as well, though I don't bet on it so frequently. Likewise I have been following tennis championships around the world since I was a little kid. I hope that this thread is going to be one of your 2020 resolutions and you will keep posting your picks and performance. Happy New Year and looking forward to your future matches!
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Alright - a lot of weird things with your post. First of all you are a newbie on this forum (account created on November 9th 2019) so you're not presenting much trust. However could you please tell us the reason why you are sharing your supposed "results" on this forum/post?
To me it is clear that you want to attract eye balls on your results. Your post subject is "I made +500% for 2019 on BitMex" - is that pure bragging or you're looking for people to buy some kind of service from you?
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Hashrate increase is somehow similar to mining difficulty increase. If the Bitcoin price decreases some weak miners might pull their rigs off the grid to protect their capital from draining out while more financially resourceful entities/miners will just buy more powerful and efficient equipment so I guess you could correlate a BTC price positive appreciation with an increase in hashrate - which could indicate that miners are bullish. There are many different nuances in which you can interpret this indicator though.
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