Many people seem to be fan of LN while any others are directly opposing this. I'm not an old guy here nor I'm a techy guy in bitcoin. I only know the basic which I need. However, so far, LN seems to be a good addition. But why some people say it's not good? What are the advantage vs disadvantage of LN? Can you please put your opinion? I would love to see the both side.
Bitcoin is no longer become a payment system and a tool to sending money. Most people will choose an altcoin like Ripple or Matic which have a fast transaction feature and low fees per transaction. Lightning Network, I was remember when the first time to know bitcoin exactly 2017 ago. I hope this system can be runned sooner at that time but now I have another concern of if especially for security issue. Lightning network will bring bitcoin become centralized not decentralized as we proud of it. So we don't need it anymore, yeah that is my wish as of now.
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You may need to reveal the project is scam, I mean put some proof so as everyone will know and will accept it.
Also, is this the right way to discuss this issue? Since there is a scam accusation thread which I think that is the right place to discuss this issue.
You can also engage everyone here especially newbie user who just come to this forum that didn't know much about this place instead of become bounty hunter.
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I think most of the new traders doesn't really have an idea how to read the chart they are just predicting the future price. This is also the reason why they are losing their money on trading they doesn't know what to do and just jumping base on their predictions and base on the others people statement.
As long as their intention for long term investment it's ok to entry. Unless it is for trading and will have different case, there are at least three trading type for some person that should be choose. The first type is scalping, you maybe know the chracter of the scalping trader because it is similar to your case. The second type, da trader you do need one day to come out and see the result (take profit/lose) and the last type is swing trader that you need at least one week to come out from you trading. Trading and investing is different, you can't equate them.
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It is so difficult to recover lost capital from losses, profits will not always be greater than losses.
Really so you mean this? Why do people keep on trading then if profit will not always be greater than losses. Hey... People are making more profit than losses, you have to learn better ways to make better profit. That's true, if trader only get loses than trading there will not be a trader and there will much exchanges that popping up. Trading is depend on your knowledge and on your analysis, you will get profit when you know both of them and you will get lose every time you trade if you don't have both of them. Remember, when you have intention to gain money through trading or wherever its place something that you should know first is understanding/knowledge. You will be fooled if you don't have a knowledge but you have a high expectation.
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Unfortunetely the success of an IEO project can't be followed with good development with its project. I see some token that successfully launched by IEO but now its price is low if we compare when it was launched.
We can't take an advantage with this way, actually an IEO event is a solution for crypto industry to collect the fund safely, if we compare with ICO event. At least we have comportable as an investor we don't need to worry to lose our money. We just need to fix the culture, I mean we have to keep our token don't sell them when it is being traded.
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If we talk about the future there will be many possibilities. Bitcoin become scarce and it will make its price increase, I can't predict how its price later but if we see the increase price per halving event the price should increase for more than 1 million per 1 BTC. But if we talk the other possibilities like the demand for bitcoin is less and the miners will leaving it because its cost that expansive I guess bitcoin will just a history. The people will sell all their bitcoin until its price goes to zero. As for the miners side, I'll answer it will be depend on bitcoin's price itself, the miner will still mining bitcoin if they feel they still make a profit of it and otherwise.
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What will happen about the price of bitcoin and altcoin before Eid? whether bitcoin and altcoin will reduce prices because of course there are many people who want to sell their assets in preparation for Eid, of course for those who want to celebrate, maybe even vice versa prices will rise at a higher rate, what will happen how speculation traders and investors think here?
They won't ever sell their asset in loss situation, that is something that should you know. Indeed crypto currency prices will be affected by some event but I think not for religious rituals. Have you remember bitcoin/altcoin price when Christmas came? I guess no! They will sell abd buy a bitcoin and altcoin depend on market condition and some information who related to them like its movement/development and some bad news against the coin. Just suggestion to you, become an investor you should be carefull to keep your asset, don't be tempted to the news which does not necessarily have an effect on the market.
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Here is a threas whi discuss about good platform exchange https://bitcointalk.org/index.php?topic=5247821.0I suggested before you create anything in this forum should know first some rule of this forum. Please go to this board https://bitcointalk.org/index.php?board=39.0 Beginner and help will be useful for you to start, you can ask anything related to crypto currency. You have to aware there are a lot of people who losses their because getting scammed, don't fall for it.
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Actually there is a difference where if you are careful enough to see fake and real website. The fake website it is clearly use iokex and the real website is okex.
This is why we need to bookmark every sites exchange to avoid phising website being scammed. Moreover if you aren't intens to come to the exchange and the chance to be scammed is widely open.
Or you can avoid it to choose android wallet, I mean currently most exchange in this crypto space certainly have a platform to support in smartphone. It is more safe rather you come to browser.
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Well, I'm quite excited about the uptrend that Halving will bring. However, looking at the current situation, it looks like the effect is not that big. however, we need time to look at the effects that can occur on the price of bitcoin. however, the price of bitcoin could be above $ 10k in the near future, but it looks like for now, we need to wait to see high prices.
Seem like we need more a patience since bitcoin just stable at $9600-$9200 even if this continue I believe that bitcoin will dump soon. There will be many investor who expected to pump for bitcoin price but it is not happened. Whereas we already know that the cost to mine is high enough and that will make some miners decided to go out and make the bitcoin hash rate decreased. I think that is one factor who will make bitcoin price slump down. A
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Also I choose gambling as an entertainment as well. Because I'm not an addict to gambling, I can leave it and I'll come back when I want to play. Maybe it is because I only try to play dice gambling no more than that, I never deposit to bingo, casino and etc. I just comfortable when I play dice gambling especially with in its simple feature, just put my money and see what the result.
You can define gambling according to your own, it is free to describe as long as you know and has been played it for more time. Because I see the definition of gambling will be depend on someone's experience, I mean you will know gambling and tell to anyone what gambling is and how its positive and its negative against it. But you will just make a bad statement about gambling if you never play it or just tend to see the negative impact of it.
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Currently I got confused, in one side I'm the bull market will come because the halving event will give a big thing for bitcoin pricr movement.
But in the other side, I see a bitcoin's graphic hash rate and it is down almost everyday. I just preassumed that the miner is no longer get a profit from it unless bitcoin is high again.
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Your emotion is another the important part when you are trading, I've often been trading and forget my strategy that end up in loss because I just depend on my appetency. I often to get profit but I want more than that but when its price decrease it mean it is just a retrace I sell it quickly. So I put the emotion is the important part to trade especially for myself, and I got a solution to avoid it. I spend a little money first to wonted every time I trade I must obedient in my strategy. It means every time I come to the market and every time I come out in the market I should look to my strategy first. And it was work, so as I wonted to do this thing until now.
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As long as you have good patience you will be fine if you choose as a trader and investor, you can do those simultaneously. I mean, you can use your money to buy some coins for trading first, but when your prediction was wrong and you got a lot of loss if you sell them then you can be an investor at that time as long as you didn't set a stop-loss feature.
Trading spot only has one way, its concept is simple you will get profit when you buy at the lower price and sell at the high price and you will be fine when its price is decreased and you decide to hold because the amount of the coin will never be reduced it will remain same, it just falls in price. Trading will help you to give another income, you may get a consistent profit at least per week. However, it depends on your intention if you need for long term profit then you can just hold it and store it in a safe place like a cold wallet never try to store it in exchange.
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I know this information and I have read it a few days ago, it should be a piece of good information for ETH holder and for the movement ETH price as well. As we know, ETH is the best altcoin so far and it has proven to its position based on marketcap where before halving event for bitcoin price came its price has risen for almost 13%, it was a good move.
But as a reference, we have got this information as well but it was for bitcoin. A year ago there is a futures exchange namely Bakkt who accept bitcoin the being listed on its platform but at that time there was no significant increase for its price whilst this information was really waited by most crypto users. I don't know the reason behind it. Hopefully, this will not happen to ETH and this information can take ETH price increase and touch its all-time high again.
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As far as I know, there is no difference between money fiat and stable coin, both of them are exactly same. And just wondering, Am I wrong to understand your question? I mean your question is something that shouldn't be questioned. Because during the bull run, between some option that you offered there will just one answer and for myself will choose bitcoin and even most user in this forum will choose bitcoin as well.
I'll be there is no one who will choose a stable coin and money fiat as their holding place, the reason is simple you won't get any profit when you hold a stable coin (all stable coin) or money fiat and it will be useless. Unless your intention is to keep your money and you didn't have any intention to make a profit from then you deserve to choose stable coin.
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Gold Stable coin is a good campaign to participate I once applied on that campaign but they will pm you if you are accepted, this is indeed a long campaign but it's worth, I like a campaign where the coin is already listed in exchange and they distribute it weekly but this kind of campaign is hard to come by.
Also, the bounty manager of this campaign is selective as well when he chooses a participant. I saw some participant who promotes this bounty campaign are a user who has a good reputation in this forum and they have a lot of merits. Yeah seem like this bounty campaign has given a good improvement and a good move for gold stable coin.
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We just not have enough money in the industry for 1 million price? We cant even break 10k lvl right now
That is for long term prediction, do you remember when bitcoin's price touched $3500 a few years ago? I hope you still remember it. You can compare with the current situation, bitcoin's price is touching $10.000 before that has touched. That pointed out when you make a prediction against bitcoin's price especially for a high price then you'll know that the price will be touched for long term period.
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