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Well, what a surprise.
We had so many strange people that was claiming to see bitcoin price to sky-rocket in 2016 even up to 3000-4000$, and what?
Nothing happened.
So why do you really support such an opinions, because this is just a long-term insight and in cryptocurrency world, you cannot really tell if it is going to happen. Bitcoin market is so unpredictable, that it is extremely hard to predict what will be the exact price in next week and we are talking about few months!
Indeed, the news from australia are very encouraging but blockchain and bitcoin infrastructure is still not ready for such a price increase.
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Well, luckily I still had some funds on poloniex ( not much, just some decent leftovers as I would call it ) so my decision was to buy some altcoins that might become profitable for me, that was a quite good discount at least for me, latest days have shown us that we basically have a lot of opportunities to use right now.
But to be honest, Im really happy that I have withdrawn most of my funds on poloniex before the whole "DDoS" drama, because thanks to it, I pretty much didn't lose any money. All I had there left, was just in BTC so I havent suffered from the lack of move ability, like some people that couldnt withdraw or move their funds.
For now, Im calmly waiting for them to fix all of it, I will just probably stay focused on what is going on exactly, then I will consider putting more funds for trading purpose.
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To be honest, everything depends on your situation and abilities, plus free time.
If you are having big amount of funds that you may use for investing purposes, then i dont really see any point in earning bitcoins for doing some special work.
You can just simply invest your own money to get an interest in BTC every month,week or day. It only depends what are you willing to choose.
Buy if you dont have money, then making 1 btc with freelancer websites is hard, unless you are a good coder.
You can also use sig campaining but lets be serious: 1 BTc is a lot of posts, on a high rank account!
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Actually, nothing and no one is ideal.
You cannot really expect that the first cryptocurrency that was ever created may be ideal, in my opinion everybody should expect that bitcoin is going to encounter some problems, because it is the first time that something like that was created.
Without a decent test environment you are not really able yo check if something works well, and I think that bitcoin being used worldwide can give us the best opportunity to look for some issues with the mechanics, or technical solutions.
And, as we see there are issues with fees and confirmation time.
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In my opinion we cannot say that fiat currency is better than cryptocurrency for some reason, because I think that both should be considered as money but designed in a different fashion.
Tell me please, what great, potentially revolutionary investments you can make thanks to the access to fiat?
Well, pretty much none. The opportunity to do such a thing is given basically only to the investors that have big amounts of funds ready to get invested.
In BTC world, you can make thousands of investments that are legit and profitable: and you usually can use just s small amount of money for that purpose.
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I really like this thread, and all kinds of them that are similiar to this one. it is very useful for many people, not only newbies but also for more experienced cryptocurrency users. It give us various insights of bitcointalk.org participants about the future bitcoin price movement. Everyone thinks different, so it is also a great place to make your analysis better: if you have already analysed what are you going to do, you may support your own plans with other people opinions, even if they dont fir yours.
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The thing is that we are not able to even estimate the number of bitcoin users, because we dont have any kind of database with such information.
Also, assumption that one wallet is equal to one user is very stupid, it is kind of obvious that some people use way more than just one wallet service. Also, the thing is that you would have to list the addresses, and some wallets provide an option to change the address every single time you want to make a transaction ( to send btc onto your wallet).
So i think that question will never be answered.
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I really like to see that golem price is building up, im hope it will reach far more than 0.25$, and will increase its volume.
Im currently in it, already bought some around 2 weeks ago, and I cant really regret!
Also, this almost 10% rise of ethereum classic is a good sign, I was willing to buy some lately as a diversification: but its too late i guess!
Anyway, im very happy about the bitcoin price. It crossed 1500 level rewlly violently, and we can already see that the volume is also increasing among the exchanges.
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If you want to build such a big, worldwide financial network, you need to accept the fact of taking different kinds of costs.
The same thing is about decentralized network, it has to operate somehow. If nobody will earn anything on supporting it, then what is the point of doing such a thing?
Without mining rewards, bitcoin and blockchain are pretty much totally different thing. We need to have a bounty for people willing to confirm our transactions, or they will simply stop doing that activity.
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I am very happy to see that Japan has made a very good move, they decided to adopt bitcoin and to implement it as one of the legal options to make a payment in the store.
There are also a lot of different things that we can obtain through Japan: im sure there will be some countries that will follow their steps and also implement BTC as a legal asset available for payments in regular shops.
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Bitcoin for me is a kind of digital currency. It is also an opportunity for me to work online and buy things I like online. It is a powerful currency that opens up a new horizon of earnings to those who have problem setting up their bank and paypal accounts. It is also a digital gold where we can use as store of value and get profit by holding it for a very long time.
I dont get actually, what problem anyone have with opening bank account, or even paypal one. It is extremely easy, even the people working in bank will surely help you doing that: or the paypal support. Im also sure that there are many types of tutorials for that, so i dont see any issue with using such a help. Another thing I would like to ask about. Is why do you claim that bitcoin is like a digital currency for you? Because I dont see any other digital currency that is not a cryptocurrency so the thing you said is obvious. Bitcoin can give us many opportunities. And that is the reason of why every person will give different answer for this question. |
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The best thing about bitcoin I can see, is that i can transfer it literally everywhere I want, and you can also withdraw it world-wide.
Yeah and if your friends and family members are using bitcoins too then it will be much easy to transfer bitcoins to their wallet with minimum fees and even selling bitcoins and transferring money to bank account is much easier process as you will receive money instantly into your bank account. That is a really optimistic prediction, I wonder on which year you date such a scenario? Because I would not expect such a situation before 2025, you need to remember that before bitcoin or any other cryptocurrency will get accepted by normal citizens of different countries, many years will have to pass. Also, we are still having the big issue- the blockchain network sometimes suffer under the big traffic, and there are problems with correct maintaining with so many people using BTC. But I have to agree that the perspective in which my family would have sent me bitcoin is a really nice thing. But im afraid this is still a dream, unless you have very smart family  |
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Hi guys and girls! After making quite a lot of money then losing it and crying about it half the afternoon I have decided to give up gambling for good. Its not for me in have a much too addictive personality. So now I jlpeust plan to work for casinos but not gamble. The thing is you know you should cash out but you always want just that little bit more and then u lose the whole lot. I'm stupid and greedy. Right after I lost i put more in and doubled it then I went all in and lost it. So yes u can make a killing gambling with such a small about like a few dollars but then u lose all u make and waste a lot of time and energy and end up getting upset. Also i shake like mad when I gamble and I hate that. I tremble. When I lose I can't believe what the screen is telling me. So any thoughts ? Ways to stop ? Ways to gamble with play money ? Maybe there are dust gambling casinoes I can use? U know just for fun and for the fix. If you are quitting gambling or giving it up that's a good news in your part. I think much better for you to change your daily habit or hobby in gambling. If you like online gaming, why not try that one,. I think that might gonna helped you anyway. It is always very hard to throw away some kind of a bad habit, there is no doubt about that. It is not important if you are having problems with addiction to gambling,drugs,computer or sex. You are still suffering, if there is lack of the activity/thing that you desire so badly. The best solution in such a scenario is just to seek for something else, that will make your mind busy. I think that some kind of a job which will attract your thoughts for the most of the day would be simply the best. You can always look for some kind of therapist which will help you, but it is only the choice of the addicted person. |
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Can actually someone may explain me why some people do not consider bitcoin as money?
For me, there is no difference, except this one that BTC is only something digital, used in the Internet for a payments. But there are obviously more things to do with it.
Personally, I love the opportunities that bitcoin has given to every single person: you can just pay your friend through the web without any problem at all.
I have had such a situation, where my friend from abroad have made me some kind of a graphics. Using bank transfer system would be annoying, and I have payed him almost instantly with bitcoin!
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Im really sorry for all those people who have held a lot of funds in USD at the bitfinex in the moment when the wire transfers was suspended, that had to cost you a lot of nerves.
Luckily, if you was fast enough, the price of getting the funds out of there was not so high, anyway it is still frightening for all of us. I would treat bitfinex and all these exchanges who have issues with banks, as a warning sign that we should never hold our money at some exchanges.
Do it only when you want to convert, dont even hold a single satoshi in there: obviously most of the crypto exchanges are trusted and widely known nowadays, but that still might be a hacking attack or anything.
Just dont do it, it is better to stay safe instead of risking the money.
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0.5 bitcoin is a really decent amount to start with, as a aspiring trader. The biggest difficulty usually in starting for someone already educated, main roadblock is lack of funds.
But luckily, you dont have to encounter that issue. There are many great ways in which you can get some interest
I think I can recommend you starting loaning service or just going for that with trusted websites or exchanges.
You may do that on poloniex, where you basically borrow the money for margin traders. The rates are really goodx and you can make up nice money with that 0.5BTB
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So if I got everything correctly, your presumption is that every single cryptocurrency exchange is a shell game, which basically means that you consider all of these websites as a scams.
And now, take a look at the probably most known and widely used exchange-Poloniex.
Can you even imagine what influence poloniex may have got on BTC if it is going to run away with the customers money?
In my opinion, you need to be really stupid to say things like that. Few incidents doesnt necessarily means that all websites like that are shell games.
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I dont know why anyone wouldk want to quit trading, if he has done it already before.
There is nothing reasonable in rejecting such a great opportunities and returns, as trading may give to anyone.
It is only up to you what you want to use as a main market, if it is going to be currency pairs on forex or altcoins trading, you may gain really decent profits on both.
Losing your balance is not a reason to stop educating about markets, and a reason to quit trading. You should just learn from your mistakes, to not do the same thing again.
With something like that, I think you may become educated trader if you are going to put enough effort in it, and obviously enough time, to grasp the mechanics of trading.
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If you have 2 million dollars and you haven't invested in Bitcoin yet then you missed a bunch of pumps and dumps from Bitcoins price. There might be a little bit of potential for the price of Bitcoin to go up though by how the price trend is looking, the price of Bitcoin and your investment will require you to wait a bit more than how you would many months ago. That is if you haven't invested your money into Bitcoin yet.
I dont get the point of advicing him, if he as 2 million dolars. Do you really think that he would have asked on bitcointalk.org forum about investing money, while having 2 millions? That kind of money does not show up from nowhere, unless it is some kind of inheritance. So, getting back to topic, I also would advice to stay away currently from buying bitcoin, at least you want to go long-term like over 5 years. The current price of btc (over 1300$) is not so reasonable to buy as a short term. From my perspective, If you dont hold any bitcoins you should just wait for the decrease of the price. In my opinion 1150 $ level is already satisfying as a long-term. |
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
Looking at the current bitcoin development, many people try to get bitcoin and then expand it as capital to multiply it. Because bitcoin has become the next gold of the future Future?? It is the gold from years now and became an investment very early, seeing the pump which is happening right now as we speak I'm thinking of selling some of it reaches $1500 in coming days. That'll be a good profit for most of us. Yeah. $1500 would be the base amount for me to sell as well. But I want to hold as much bitcoin as I can. If some situation come up and I need to sell, then I will sell it at $1500 and probably buy more again in my emergency situation is already settled. I hope greed will not conquer others because it will do you more harm later. If you think that you have profited enough then sell it because maybe later the price will go down. I'm not sure that we will soon see 1500 dollars. On the contrary, most likely the price will fall. So now is the best time to sell. But for those who will keep a long time, it's too early to sell we can expect that the price of bitcoin will hit 1500 USD level in very next moth. but i am still gong to hold my bitcoin. because i am even confident that the price of bitcoin will hit 2000 USD lever very soon and i have to wait tell that price. therefore i am mot going to sell my bitcoin in the resent price. I hope so, many investors are expecting these price since the last month that it dropped and many panicked. But we can't be sure with these price, for now I will be just enjoying the price of $1356 aand might pump up to $1400 these last week of the month, I don't know if these pump continues or it is just a bubble. Yes indeed, we are having currently a really nice price for a bitcoin, but I would like to ask you a very important question. Are you going to buy at 1400$ per one BTC and more? Or you are just a bitcoin holder which is happy to have them stashed: the price is still increasing, so you hope for a better rate. In a first scenario, I doubt you will actually say yes. It is because many people tend to say that BTC is overpriced, so there is no reason to buy it right now ( unless for a really long-term) In a second case, you are going to dump your coins as soon as price will satisfy you. If many traders like you will do the same, the price is going to decrease. |
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