Bitcoin Forum
June 15, 2024, 02:46:01 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 »
121  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty campaign - waste of time or great passive income? on: May 12, 2018, 05:30:42 AM
Crypto world is in crysis now and it's not only due to red market but also because of tons of scam ICOs. And that pisses a lot of bounty hunters off cause scam ICOs produce useless unworthy tokens! People waste sometimes several months to participatein bounty and either get no tokens or get shitcoins.

It's so hard now to find a good bounty. eCoinomic.net platform is running one now and it looks pretty solid and trustworthy, they also predict a balanced growth for CNC token https://bitcointalk.org/index.php?topic=2897866.msg29799978#msg29799978

But how do you guys know if your bounty is trustable? Why do you personally trust bounty you're participating in right now?
If bounty campaigns are waste of time, why many bounters like me are continuing to participate in bounty campaigns? Bounty campaigns are very profitable job. Acually, most of my bitcoins are came from bounty campaigns.
122  Economy / Trading Discussion / Re: Patience is a virtue in Cryptocurrency Trading. on: May 12, 2018, 04:05:10 AM
Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.

Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.

A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
Most of the traders who loses their money in trading cryptocurrency is because they have weak hands. For us to become professional trader, we must improve our patience. We can make more money if we have a lot of patience.
123  Economy / Trading Discussion / Re: Altcoin trading on: May 11, 2018, 11:19:43 AM
I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
Altcoin trading is worth it. There are many altcoins that are good for trading. I prefer to you to buy profitable and promising altcoins like ethereum, monero , bitcoin cash and neo.
124  Economy / Trading Discussion / Re: WHAT DO YOU THINK ABOUT MARKET NOW on: May 11, 2018, 08:54:07 AM
now btc and btc grow up from bottom :btc 6800usd and eth 375 usd,do you think this is below limit and support line for eth and btc??btc pass line resistance 7200 and 7500 usd;eth pass line resistance 400 and 420 usd,btc increase more 10% and eth more 30% from bottom,liquidity seem higher normal days,everyone start buy more coin,the whole market grow up in suspect of evevryone? do you think trend down is stopped?trend recovery is avaible?i hope from now the market will strong grow up
The cryptocurrency market is becoming more popular then before. There are now many investors that are entering to cryptocurrency market due to its profitability. Investors are now aware that they can easily grow their money if they will make investment with cryptocurrencies.
125  Bitcoin / Bitcoin Discussion / Re: Stop Listening To False News... on: May 10, 2018, 05:22:14 PM
The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.

For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?

It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.

So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)

So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"[​IMG]
"China will jail anyone who trades crypto"[​IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[​IMG]??


Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.

Yellow journalism at its best.


Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?

India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.

From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.

The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.
Fake news are one of the factors why there are many traders who are panicking. We really need to find a good source of information for us to get advantage. There are many people and sites that are spreading fake news, we should be really careful for us to get reliable information.
126  Bitcoin / Bitcoin Discussion / Re: How to Shut Up Bitcoin Haters on: May 10, 2018, 04:32:22 PM
Dispelling Some of the Most Common Arguments Against Crypto

Once in a while, every crypto-enthusiast will run into somebody who is skeptical of the industry altogether. People like this usually have never invested before, or did once but lost their money. As somebody who cares about the field of cryptocurrency and has invested several times in the past, it can be mind-numbing and frustrating to hear the opinions of people who have only ever read headlines and soundbites regarding the topic.

Make note, it is reasonable to be skeptical of cryptocurrency and present some well-researched arguments against them, but the people being referred to here are those that know very little about the industry and have no noticeable desire to get acquainted with it.

Here are some of the most common arguments you will hear against cryptocurrency (either from people you know or from news outlets) and some simple responses to them.

“Cryptocurrency is a pyramid scheme.”
Occasionally, I will run into a person who claims that cryptocurrency (or more specifically bitcoin) is a pyramid scheme and that only those who were first to the market will be able to make a reasonable profit from it.

While it is true that the earliest adopters of coins like bitcoin and ether have seen the most significant increases in their profits – this does not make it a pyramid scheme. Pyramid schemes are structured so that subordinate investors must pay or hand over a percentage of earnings to a higher level investor. This is not the case with cryptocurrency— if you head to an exchange to buy a coin, it is possible you will be buying from somebody who is at the same level as you (i.e., they invested around the same time you did). This is not possible with pyramid schemes since the only way to make money is to recruit new members. With cryptocurrency, you can trade and exchange with new or old investors. Also note, the main aim of cryptocurrency is not necessarily to get new investors since the price of a coin does not exactly rise due to adoption. Positive news regarding programming updates, partnerships, and new features can also just as quickly raise the price of a coin.

“Cryptocurrency is only used to buy drugs and launder money.”
This statement is commonly used by media outlets as a way to discredit the entire industry and the technology behind it. The best way to refute this statement is to briefly explain the nature of the blockchain and the sheer level of transparency that cryptocurrency offers. Most people who do not know anything about the industry get the impression that using this currency automatically masks your identity and your movements.

Explain to them that most coins have a global database of transactions which can freely be viewed by anybody. This, alone, is enough to discourage people from laundering money and purchasing illicit substances since law enforcement, the IRS, and other government bodies can track purchases with more ease than fiat.

“There is no underlying. value”
This is a half-truth. While cryptocurrency does not rest its value on assets like gold or land, it instead derives value from its developers and its code. Arguably, this is similar to how legal tender derives its value from its government and laws. Similar to how a decision or press conference from the President can affect the price of USD, an announcement from a lead developer can affect the price of Litecoin.

“It is too late to make money.”
I have personally found this argument to be said by people who only know of one cryptocurrency: bitcoin. Generally, the easiest way to open their mind is to show them that CoinMarketCap actually lists over 1500 coins and tokens. Of course, only a fraction of them are worth investment, but it proves that the industry is expansive.

New coins and tokens are constantly entering the market, many of which shoot up in price significantly after a while. One coin that has not had a long history, but is valued highly, is Nano. The coin only came into existence in early 2017, but in the space of a little over a year it has risen to the 28th spot. The main reason for this is the team it has and the technology it runs on. Finding a new coin with a great set of programmers and impressive code can be one way of making money in the industry. Of course, it is not the only way. The much larger coins like bitcoin, ether, and monero are still considered good investments now— this is because people still think the technology is undervalued. If that is the case, then it certainly is not too late to make money.

Originally published at cryptodisrupt.com
If you surrounded by the people who hates bitcoin, it is better if you will just ignore them. They do not know bitcoin and how it works and it is the reason why they hate bitcoin. I am sure that they will believe to what is bitcoin if they fully understand how it works.
127  Economy / Economics / Re: crypto market demand is increasing on: May 10, 2018, 11:50:03 AM
As time passing by, the cryptocurrencies are becoming more popular and it is the reason why the demand of the people to cryptocurrencies are continuing to increase. I believe that the capitalization of cryptocurrencies will increase more while demand is increasing.
128  Economy / Economics / Re: When will the market turn and start growing again? on: May 09, 2018, 09:09:41 AM
As soon as everyone starts shouting about the lowly in one voice and the collapse of the exchanges, then the market will unfold. This will say that those who used to shop earlier started selling the crypt. At this time, large players will buy crypto currency from nervous people, and when bought up, news agencies and TV will begin to generate a positive background for crypto-instruments. A new rally will begin without those who left the concert.
The cryptocurrency market is currently down, there are many traders are now panicking because the market crashed. For those who have weak hands, I prefer to you to have courage to hold all of your altcoins.
129  Economy / Economics / Re: Why people are still buying BTC? on: May 07, 2018, 01:11:45 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.
The reason why investors are still buying bitcoins because it is worth it. It is proven that we can be rich by having a lot of bitcoins because bitcoin is becoming more valuable as time passing by.
130  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum SCAM? on: May 06, 2018, 11:55:07 AM
Ethreum is not scam, do you think people will continue to buy Ethereum if it is scam? Of course no. They are aware about what Ethereum can do. Ethereum can be considered as one of the investment so far.
131  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which coin now you think had a good future on: May 06, 2018, 06:33:06 AM
Like the title, what coins do you think will have a good future because now it's a lot of coins and not a few of those coins that fail
What do you think ?
What coin do you think will have good future ?
I am really sure that Ethereum and Bitcoin have good future. You can ensure that you will earn big amount of profit if you make investment on bitcoins and ethereum. You should research as well for you to believe on what bitcoin and ethereum can do.
132  Economy / Trading Discussion / Re: What is trend Now? on: May 05, 2018, 03:41:32 PM
I find the current trend is to hold coin worth, trading habits should change because it is really complicated and difficult to bring profit, stay away from the ponzi model and lending ico. That is my advice, and you, see the current trend like?  Huh Huh
The cryptocurrency market can now considered as bull market because most of the coins are now pumping. The cryptocurrency market is now full of green and I think this bull market will stay in weeks or even months.
133  Economy / Trading Discussion / Re: How to start Trading for newbie on: May 05, 2018, 02:35:28 PM
I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..
Trading is not simple so you should take it seriously. You are beginner here in the trading world and you should gather more information for you to easily understand how trading cryptocurrency works. Researching is the first step for you to become successful trader.
134  Bitcoin / Bitcoin Discussion / Re: Can government destroy Bitcoin? on: May 04, 2018, 03:19:21 PM
As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?

Government can't destroy the bitcoin because the life of the bitcoin depends to its users. The bitcoin will not lose its value if all its users will continuing to use and to buy bitcoins.
135  Economy / Economics / Re: Is Bitcoin the next big thing? on: May 04, 2018, 01:34:21 PM
For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
Bitcoin became one of the best investment nowadays. Many investors are now entering to the cryptocurrency world because of the high profitability of the bitcoin. I am sure that the demand of the people to the bitcoin will rise up more.
136  Economy / Economics / Re: Why is bitcoin worth? Welcome to discuss on: May 04, 2018, 09:50:52 AM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
Many people proved that bitcoin is really worth. Many investors are now rich because of bitcoin investment. There is no doubt that bitcoin will help us to become successful person.
137  Economy / Economics / Re: Why we should fear a cashless world on: May 04, 2018, 06:52:53 AM
Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance

http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless

Discussion
We should fear a cashless society because there are a lot of things will be changed. I do not know if the economy will become better or will become worse. There should be balance between fiat currency and virtual currency for us to maintain our good economy.
138  Alternate cryptocurrencies / Altcoin Discussion / Re: How to get more profit? on: May 03, 2018, 02:20:07 PM
People always greed.
Yes, I am one of them.
Recently, i lost some of my bitcon because i want more instead of holding bitcoin. so i buy altcoin but not top 10 altcoin.
Would you like to share your experience?
Beside, i know that airdrop is good way to gain profit.
What do you think DeepOnion airdrop? It seems that they got a very good community.

You can get more profit if you will work hard and work smart. You should be skillful person for you to easily make profit with cryptocurrencies. There are a lot of jobs that you can do in order to grow your bitcoins. 
139  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ICO die in 2018? on: May 03, 2018, 05:52:50 AM
Disclaimer: The text below is a personal opinion of the author. If you have a different opinion, please share it

ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.

The fact is: those companies that enter the token market with a readymade product are more trustworthy. Now, few people are interested in a company that launches ICO just to make a name and earn a lot of money.

ICO is a serious campaign. It requires great resources and professionalism.

There are many companies on this path. Recently, Pavel Durov announced the creation of a light wallet and the release of the Gram token on the Telegram platform. Here is another example - KickCity, a company that has existed for two years. KickCity is engaged in the development of the event industry and issues a KCY token for further expansion of the company.

What is more, you can get tokens for testing KickCity beta. You can get reward for testing this platform https://kickcity.io/event/5a9d11030cf2cac8e081f3e8
Do you really think that ICOs will die in this year? It is impossible because many investors are now prefer to make investment with ICOs. People will continue to create ICOs because many investors are keep patronizing it.
140  Economy / Trading Discussion / Re: Are you all in when trading? on: May 02, 2018, 03:57:45 AM
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad
I always dividing my funds into five when I was trading cryptocurrencies. That technique is really effective to make money with cryptocurrencies. You can also avoid losses by dividing your funds.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!