Bitcoin futures aren't directly connected to the bitcoin markets, so if there's any impact it may produce, it's just the hype and slight FOMO surrounding those events/markets and nothing more. What I fear is that these futures can easily be manipulated by entities with deep pockets, and instead of being a market that is friendly for average traders, it becomes a tougher one compare to being directly involved with bitcoin because almost everything can be manipulated. This might scare out potential traders in the making thinking that both markets are the same. Hopefully everything pans out well because it's a win-win for bitcoin users and traders alike.

Never knew bitcoin thoroughly at that time though I'm already hearing about it in reddit. Man that was the era of the bears, also during late 2013-early 2016. Everyone was like full bearish mode and no one really wants to invest except those who really believe that we could achieve higher highs and break the record since it's what bitcoin is destined for. Can't blame the dude though, he's only acting based on what's acceptable and realistic during those times. No one knows bitcoin will be this big in the first place, neither does he.

Too soon to even say that. For a week now we haven't touched sub-$15k and the support levels are sitting pretty at $14k ready to up the sell orders if shit hits the fan. There are still numerous events that could possibly generate positive hype which in turn would create FOMO and crazy price jumps. You're kinda underestimating bitcoin's shock potential. 2017 has been a shock for everyone, and $1-T market cap isn't far from being breached either.

A great guide for hardware, but it would be better if you could include the accompanied risks and rewards, together with what to expect on their earnings when they start to hash out their earnings. The hardware and pool information can easily be determined by the aspiring miners, but what really stops them from becoming one is they can't weigh the risk/reward ratio. Try to include the realistic difficulty change and that guide is complete.

I'd rather have a daily 5% increase on my profits rather than waiting for a week in order to generate 100% without any of the slightest guarantees that you'll hit it. Any gain is still a gain in profit and money, so I'd take the chance on taking it no matter how small it is rather than waiting for something that has no guarantees that it will even manifest. Also, if it works on somebody doesn't mean it will also work on your strategies. If you're already benefiting from either of the two methods, stick to it and improve it.

Private keys are like the secret codes that a user has in order to spend all the bitcoins available in a single wallet whereas the address is like your "donation" button that allows users to send money to you. A wallet is a collection of addresses that is either linked to a single private key, randomly generated private keys, or mnemonics/passphrase that is hashed incrementally to generate new private keys.

To avoid the hassle or the uncertainties on carrying one, I just carry my phone with bitcoins around wherever I travel, especially when I know that I might need some extra cash. Sometimes when I go to Toronto in visiting my aunt, I bring that phone together with my cards just to be ready whenever there's something I need to buy. I understand that Trezor provides security and portability but the same thing goes to your mobile device--if handled with care--as well. The authorities on the airport won't question a Trezor since most of them don't even know what it does yet. It looks like a flash drive and acts like one so yeah, you're safe.

I am still mining and was using Nicehash when everything was hacked. I lost 0.03 from the site and still continued to mine with them even though there is a possibility that they could be hacked again. The thing with mining is that there is a high possibility that your earnings would be compromised; it could either be because of hardware failure or the pool that you're working with decides to fuck you up. It's always a risky business, but you won't get to anywhere without risking anything so it's okay to begin again.

They used to be one of the best exchanges when it comes to ICOs and newly released coins, but with the issues they are encountering and the numerous users reporting frozen withdrawals and disabled accounts, I don't think I'd trust Yobit for a huge trade of mine. It still is a decent exchange to say the least, but the mere fact that they're having problems while others are not (bittrex not included) is a strong reminder to not store huge amounts in online exchanges as long as possible.

Easiest guess would be somewhere above $20000. Futures market would begin in 3 days for CBOE's platform and though that does not necessarily affect the bitcoin market directly, it still would make some noise and hype that would cause the unknowing people to buy more bitcoins thus creating some kind of FOMO. We know the market is crazy for 2017, but with these events lined up before the year ends, things will get even unpredictable and crazier.

The markets have always been uncertain about where it goes. Most of them only follows the collective thoughts of the experienced ones generating a mass to move the market in the direction this collective "thinks" it's heading. Now imagine if the traders in this collective acts as a single entity for their own, there would be some crazy growth, a stable price, or a sharp decline since every single one is just acting based on what they think themselves. It's the same in any other traditional investments and assets, though. People aren't certain on where the market heads; they are agreeing on what other experienced people say and that is completely different from being certain on you own about where the market heads.

The Antminer S9 pays off 6 months after it has been used for 24/7, the rest is profit for the owner. I don't think that it is a huge loss on the miner's part knowing that they already got their money back within the first 6 months and the remaining months of the product's lifetime is a chance for the miner to make more than their initial investment. Also, the difficulty increase is not always constant; difficulty adjustment =/ increase. Give also the fact that bitcoin is ever increasing every single day. Would the $3000 be a hard target for miners to recoup?

Completely agree with this. If there's something that remained stagnant with the supposed "bitcoin growth" and the "growth" of crypto in general, that is its actual usability with real-life applications. Using bitcoins for paying a small sum is at its worst right now, with a whopping $15.13 tx fee just to get your payment confirmed within the next block. As for the others, it might seem that everyone is supporting a certain coin but in reality, everyone in it is just for the money and not for the actual development of the coin. Growth in market capitalization =/ growth of the coin.

I'm using Abra and P2P exchanges from the people I personally knew through Facebook. Used to buy from coins.ph via Unionbank but thought of something new and the fees are indeed high. I even created an account in FB just to join a private group that buys and sells bitcoin at current market rates. Abra is a good alternative in buying bitcoins, but for converting to fiat, coins.ph is still the king, at least in my opinion.

Honest answer: reliable until something.happens into their system. In ahort, I wouldn't entrust the service with my money, no matter how long they've been operating. An online wallet is still an online wallet, prone to attacks and such thus safe unless hacked. You can download a wallet on your pc or on your phone. Just keep track of your internet activities and you'll be fine.

If you want to buy BTC in the US/Canada, I'd suggest Bitstamp. Kraken is also okay, but then again verification takes too long.

Investing isn't a necessity in life, so in simple terms no one really needs to invest their money and life savings into bitcoins or any other investment for that matter. It's just a matter of you having your options available and asking to yourself whether it is a viable investment or not; will it be okay for me to lose something if in case? It's never a necessity to invest on to anything.

Back when I was in the Philippines, almost all of the people I knew are full-time professionals ranging from Architects, Engineers, Doctors.. you name it. Then along came bitcoin and everyone switched to mining and trading. Now in our circle of friends, almost all have mining rigs and trading. Heck, some of them even attended classes for technical analysis and whatnot in order to give themselves the edge to perform better in trading. Majority of the people are still humble professionals with some aiming to trade bitcoins in hopes of getting some hefty profit quickly.

Points 1-3 seems to be very probable at the current state of matters. Though there aren't any heavy facts supporting these analyses, still the market is purely manipulated right now and the media is also adding noise to the already chaotic environment of cryptos. Heavy shakeouts will occur to gather most coins before the time comes that we are ready to push this baby over $100k. It's good to have a diversified holdings, but for now, the safest option is to go bitcoin for long. Thanks for a nice piece of post you got in here. Worth the read.

Idk if trolling or not but the message is clear yet you can't force people to just invest their money into something they don't fully understand. Shelling some money for bitcoin is already a huge leap, how about using that bitcoin to invest into other ventures that could make you more money? Some dudes just can't wrap it around their heads and think that it's okay to just have their bitcoins safe in their bedside. It's true that they're getting something from it, but the question is are they really helping bitcoin to progress in some way by just letting their coins rot in their wallets?

I started small when bitcoin was $200 a pop. Only can chuck in $20-$50 a week depending on my salary. Safely made a few bitcoins by just buying in constantly every week no matter what the price was. I started when a few people are already millionaires in the game and earning a decent income by just trading bitcoins. I tell myself that someday I'll also have the same amount of money these dudes have but first I need to build my bank. For over a year I managed to get 10+ bitcoins and held until May of this year where I sold almost everything. I still bought even though the price is $4400 and continued until I get comfortable on the stack that I have. Key is if you don't have the guts to lose money or any faith in what you're doing, don't do it. Everyone is still buying stocks where everyone else is a millionaire, and it's no different with bitcoin. You just got to have some faith in you.