I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.
Naturally, if transaction costs are high, that is due to a large queue and the price of bitcoin is now increasing. You may use other altcoins to transact like Monero or XRP. I also often do as you do when you feel high transaction costs. |
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Yes, I heard this good news yesterday, I was quite happy with what the telecommunications company was doing. But I'm a little surprised, why didn't Bitcoin experience a big pump yesterday even though this news was quite large.
Although I'm sure the price of bitcoin will continue to rise, now I think that the big good news is not necessarily making a pump, because the pump is held by the whales.
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This answer will be relative, because the graph of each coin is different and this of course depends on the current market situation. Most people will start to panic when prices go down even though the situation at that time is being corrected so the right step is always to determine the OP then TP in the form of%, otherwise it will cause greed.
That's what I do in trading, don't need too many TPs, we can get out of trading and enter other trades.
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Hi guys,
I am making a new portfolio. I plan to change and updated it (month by month).
Do you have any good suggestion for the next 30 days? and if so why?
Ps. Only Binance and Bittrex as platform.
thankss
l
But not everything you have to change every month, depending on the situation and condition of the coin. If the coins that you hold cannot be maintained, it is better to dispose of them even though they have not been for a month. You can do it every month, but it would be better if you still buy some in the top 10 cmc, this will be safer than under it. |
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With the market showing an upward trend, Bitcoin mining will be a profitable business when the value of Bitcoin is above $10000. I understand that the amount of Bitcoin that you are getting now is very less as compared to the old days. But the cost of Bitcoin was not much at that time.
The mining business is correlated to the FIAT value of Bitcoin. When the price was less, you were getting more Bitcoin and when the price is going up you are getting less Bitcoin.
It will not be easy in the future, but it will be better to what you were making a few years back.
When Bitcoin is above $100000, competition with mining increase. I can see the same scenario of mining as ever increasing hashes and difficulty thus the increase in price is negligible when it comes to profiting in mining industry unless you own a huge mining farm to compete against other giants in the field. The mining industry had already been monopolized so small miners will take little to nothing profit. And if the person is living in a country where electricity is too high, he can forget about mining already. if the price has reached that level, I think that mining is not an ordinary person but a giant company that mines like real-world mining. But surely mining in the future will be more difficult, because electricity is also increasingly expensive and scarce. The problem with the difficulty is electricity, if there is no problem in mining equipment, in my opinion. And the second difficulty is the number of blocks mined decreases. |
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Hi guys, I need your feedback. We're developing a product. Sending, receiving Bitcoin internationally, getting paid in Bitcoin is always FREE, instant, and secure. You know, with a regular bitcoin wallet there are mining and transaction fees while sending Bitcoin. We won't charge any fee. So it's different from other services and wallets. Also, it's different from Lightning Network because it's very simple to use it. The receiver's email and the app are enough to send Bitcoin. - What do you think about that?
- Would you use it? If you don't, can you explain why?
- What features would encourage you to use this service?
If your transactions are done on the chain and not in some online wallets in which you simply move balances then your transactions can't be FREE. Also, they can't be INSTANT since the customer has to wait for at least one confirmation to move the funds. Are you planning to pay for those from your own pocket? I'm not sure how you plan on doing this. So, 1) Unless you tell us more about how you plan to achieve this, I'm a bit suspicious 2) Why would I use a service to send bitcoins when I can simply send them myself? 3) None really, I'm against using and trusting a 3rd party when it comes to irreversible transactions. How can bitcoin transactions be free when all has to be confirmed by miners? Unless there is now a technology for bitcoin that can do away the confirmation job of the miners then maybe this is possible and feasible. So maybe OP should expound on this some more here. I am always open for any innovation especially one that is using the word "free" and "fast" but if this is just a hype or if there are strings attached then this may not be for me. Let's give the space needed by OP for more explanation. In fact, I still don't understand what the OP explained and how can a bitcoin transaction be free of cost unless it is borne by itself. Is this just speculation that will be developed? even bitcoin experts still have no solution to free transaction costs. Yes, I need a more detailed explanation of the op, how does the systematic transaction that he develops run? |
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It would be impossible to judge the coins value,
But if you really want to know if they are worth it then do some research about them if their team is legit or just another scam,
If you think that they are going to survive for a long term because their project have some back ups then it is worth it.
Look for their white paper,see if they are really following their road map,look at their partnership.
Nothing is impossible in my opinion, seeing a whitepaper and seeing a team in my opinion can't be switched on now, because many shitcoin have the best whitepaper and team but can't grow. I think people are now starting to focus on the technology adopted by the altcoin, and when we see coins like that, it's good to buy and see a few years later, boom. |
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I think this is just a pump for a moment, because in my opinion there have been many people who have switched from this coin since the binance delisted the bitcoin sv. Since the pump started in April, bitcoin SV tends to stay quiet so I am also a little unsure about this coin. It's better to turn to coins that do have potential like XRP, ETH, BTC, BCH
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as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me  There are many ways to be able to buy bitcoin, either through exchange or crypto purchase platform. But in your country you don't have a local exchange that can use the bank, it's better to buy it through coinbase because you can go through the bank. Then after that start doing what you want to do with your bitcoin. let's study here: https://www.bitcoin.com/guides |
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As for me, it's user-friendly but there are just some areas where you should have the eagerness to learn about. People would not have it in terms of investment and mode of payment if it isn't user-friendly. It's causing too much convenience and the blockchain technology is even making things in the finance area lighter. Sometimes, we are thinking that cryptocurrency itself is not easy to use but it sometimes depends on the wallets that we're using.
True, if you ask questions about UI / UX, then everyone's answers will be relative. Maybe for someone who understands bitcoin for a long time, this is easy but not for a newcomer, maybe like math. Sure enough, that convenience depends on the wallet of each coin. In my opinion, in terms of UX, there are still many who do not meet the criteria. But I am sure that in the future it will be more developed. |
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Naturally, if a banker says bitcoin is a ponzi scheme, because they really don't like bitcoin they don't even know the true bitcoin. So we only focus on what becomes Satoshi's vision, that bitcoin is the future of digital currency.
Strangely, why are banks interested in the technology adopted by bitcoin, namely blockchain? is this a bank tactic for dropping bitcoin?
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I dont think that its something that forked out of Bitcoins and it's not a scam , the scam is the people who actually hack it and wallets who doesn't actually have a good security.
I don't think it's a scam , the developers and the BITCOIN GOLD is long since forgotten but at the same time , you can actually go and buy and sell it , it's like most alternative coins in the market that ate actually not going to survive the ride finally.
At last, it's not a scam and if you want to indulge in it , play safe and use some descent software.
yes, I feel right. Since the incident of BTG Wallet in my opinion this is due to hacking if a scammer and this causes a bad image of the developer. everyone makes an opinion that developers are scamming on BTG Wallet, but actually it's done by scammers. |
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By the way, we can learn a lesson from this case. If there are undervalued coins right now that have a potential in the future, those can also make your fortune.
yes, I don't think this. Too much shitcoin is delivered by the undervalued coin. So I don't want to be trapped in some of the shitcoin, although I'm sure there will be some that will become gold in the future. So it's better for bitcoin, which we can predict in the future. |
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Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Artwork cannot be used as a payment method. I think your argument is wrong, bitcoin is a digital currency like other digital currencies. Bitcoin like fiat money is able to transact like ordinary money and he is not a work of art that is only a display. Artwork is something that can be enjoyed in terms of its beauty but not with bitcoin, bitcoin chooses usability. |
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What does this community think of Cardano and EOS? If you had to pick one which one would you choose?
Yesterday I just bought Cardano, I don't know you need it for the long term or to trade daily. But I bought a cardano because the graphics are good, I play in reflections and you can buy cardano now. But if you buy coins for the long term, it's better at BTC only, in my opinion more guaranteed. |
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I don't know the wallet that provides fire with low transaction costs. If in the past few days your transaction costs have been higher, this means that this is really due to the price of bitcoin which has increased in recent days and will obviously affect transaction costs.
If the transaction costs are more expensive, in my opinion it's time to move to using the segwit address. Maybe it can cut some expensive transaction costs.
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In the world of cryptocurrency, there is no question that Bitcoin remains to be the one and only certified King of them with 57% dominance of the market. All the rest are just called as Altcoins. However, there are good altcoins as well as shitcoins, of course. Some altcoins can be worth investing with because we are sure of their potential for future spark. Now, having said that, here is my list of my top altcoins (in no particular order): Ethereum, BNB, XRP, Litecoin, Bitcoin Cash, EOS, Monero, Stellar, Dash, TRON, Cardano and Zcash. What are the altcoins in your own list? BNB, XRP, BCH I'm sure it's going to the moon. XRP => 3rd place BCH => 4th place BNB => 7th place All the coins I mentioned above are in the top 10 cmc and in my opinion the future coins that have the potential to rise are there. anyone agree with me? Yes you can mention other coins that are in the top 10 cmc but I believe above. |
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There are too many altcoins to choose from, and of course what difficulties we think will be advantageous. In my opinion, buy any altcoin but remember that the coin must be in the top 10 cmc.
as we know many altcoins are under 10 cmc which are shitcoin and I don't want you to be the victim of the shitcoin.
So now you have to be wise to choose coins, compare suggestions from friends in this forum, good luck.
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What if one day of the year, we got everyone to withdraw from the exchanges to see what exchanges are legit? and casinos.
I bet 80-90% of them would not have the btc to cover everyone.
Even if it happens like that exchanges would still have some arguments to legitimate their position. For example if exchange is holding big amount of cryptocurrency then it might be reasonable to hold some of those money in separate reserves due to some kind of security things. I know nothing about cyber security but exchanges doesn't have to guarantee instant withdrawals at all times. I think it's true, sometimes the stock exchange keeps a number of coins in the spare wallet. Like yesterday's binance when hacked, binance moved part of the exchange into a cold wallet. this is a way to secure if there is hacking. see them calling #safu https://twitter.com/cz_binance/status/1125956811574484993 |
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Bitcoin increased $5K since its pit last 2018 bloody red drop. You can still ride the bull mate but if that happens, you will profit half or 1/4 less than the ones who buy on much cheaper but its more better than not having any profit at all. Dont wait until it goes up higher. If you have extra money then buy now.
In the next few weeks, I predict that bitcoin will grow again after a few days ago, bitcoin started its correction. And that is not a sign of dumping but rather an ordinary correction, so it is absolutely right to buy bitcoin now in a few weeks maybe it will benefit a few percent. |
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