since i am a newbie only the easiest way to earn btc is by joining airdrop there are lot of airdrops out there and if you are lucky enough you can earn big amount of btc in an instant
Before when I was still a newbie not here in forum but in the crypto world, I didn't know about airdrops. You are lucky because while you are newbie there's an airdrop that you can join and take chance of earning bitcoin. When I was still newbie the only way to make bitcoin is through faucets and as the day goes by I understand and realized that they're just a waste of time. |
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Technically speaking, more Bitcoin users are jumping in crypto-market day by day...this lead to soar the market cap of BTC. As more no of transactions will inc, Demand will inc. and being supply to be limited, The price will definitely be bullish. Hope to see BTC at $15000-20000 by end of 2018.
It's on daily trend even the mainstream media in different countries are starting to get attached with bitcoin. And lately I had watched a radio station talking about bitcoin that it will replace the payment system and it's something that is a game changer in the world of financial. Demand will increase and I'm expecting that the bull will happen during the mid-end of the year. |
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Hi,
this morning i was surprised to see that to transfer 1.4btc from my ledger nano to kraken the cost of the transaction fees was 17$??
Anyones have some reasons why it costs do expensive?
Thanks
With so much miners that went to bitcoin cash before so the mining fee became expensive but after the hype of bitcoin cash. Many did went again back to bitcoin and now they are into mining again, the fees can be paid as low as 81sat/b now. And the lowest total fee I saw yesterday was only 2 USD though it's still quite expensive for the people who only have small transactions but that's great as unconfirmed transactions are now back at 77k. |
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What happens next depends on whether bitcoin's rivals can gain usage for their coins.
With all these ICOs going and popping around, there's like a whole lot of usage for the coins. The users are divided and supporting different coins but majority are into bitcoin. And I don't think that bitcoin will be crashing below $3,000. I really don't think so...below 3000$?? Are you out of your mind or just an attention seeker??
Profoundless and meaningless post.
We are far from witnessing bitcoin to crash that low. The price is now pumped to $6,900 so almost half of it's price will crash? No whale will allow that to happen. |
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In my opinion besides investing in bitcoin the next choice is better ethereum ...
Not against with this and I'll verify that the next coin that a trader should invest for long time holding is Ethereum. Smart contracts are being used by too many companies and I recently read Vitalik Butterin's tweet about his coin. He will be focusing more with the entire network of Ethereum and not going to get into the civil war of other coins like bitcoin cash and bitcoin. |
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In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
Are you pointing out to "mining" through cloud? That's not really worth to invest, most of them that are now existing are likely to be scam. Trading is the most profitable way of earning bitcoin and with other alt coins too and with my situation there's nothing wrong with investing to the "real" hardware mining (GPU) for having the capacity to invest for those GPU's, what matter to me is the expensive consumption of electricity. Not all, genesis mining is one of the cloud mining that offers hashrate for mining bitcoin. and i think its legit. Yes trading is the most profitable now if you are an experienced trader. Because, there is a lot of pump and dump in cryptomarket. If you are newbie in trading then i suggest start to practice first in forex or stock using demo accounts. (Practice makes perfect) Long HODL is also good in crypto trading as long as you know your coin product and future development. Bitcoin or altcoin mining is still profitable as long as you have high capital, cheap electricity and high knowledge in computer hardware and software (Windows/Linux/EthOS/Simplemining etc..) There is no easy money in crypto, choose only one path. mining or trading. I know about genesis mining but still it's up to the people that wants to invest there. The return with their contracts is something that I can't think and even they are trusted by many people I don't buy that. I had a bad experience with those "trusted" cloud mining before that are operating for years and then they just went off together with my investment so I don't consider it anymore. If you trust them it's up to you but my bad experience about cloud mining will never change. |
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I knew some people who became progressed because of Bitcoin. But I also know few who were victims of scammer, hackers and thieves. We all don't want to be victims. How can I avoid these?
To those that are becoming victims of hackers are probably not checking the websites that they are visiting. Giving out important information without asking themselves if that is a legit thing. To avoid this thing you just have to keep on checking the URL of the website you are visiting and if you found something suspicious or wrong spellings. Close your browser immediately. And with trades, most of the victims that are being scammed doesn't use an escrow, solution is just use escrow. |
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I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.
Just don't quit trading right? But if he did experience worst in trading and he can't take it any longer that's the time for him to decide and just quit trading. Traders who are giving up with their trading experiences are the ones that can't do it anymore. They are thinking that trading is an easy thing and worst can't happen for their desire is only to have positive result. |
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Congratulations your transaction is now confirmed it has 6 confirmations now. After the long wait of 12 hours you paid good for that transaction and it's worth it. I'm also waiting for my transaction since the problem is that I only paid a very tiny fee, adjusting the fee will help us to remove those stuck transaction of ours. 4 days ago mine was 80 sat/B and I waited 3 days for it.
I have now an idea on how long I had to wait for my transaction to get confirmed.  |
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In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
Are you pointing out to "mining" through cloud? That's not really worth to invest, most of them that are now existing are likely to be scam. Trading is the most profitable way of earning bitcoin and with other alt coins too and with my situation there's nothing wrong with investing to the "real" hardware mining (GPU) for having the capacity to invest for those GPU's, what matter to me is the expensive consumption of electricity. |
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Actually it's kinda like comparing apples and oranges but , seems like bitcoin always gonna be the winner.
Definitely it's going to win with this comparison. And many did understand on how Dogecoin plays the market and nothing so serious about it unlike in bitcoin a lot of tough projects, companies and investors are sticking to this coin. Bitcoin compare to some alt coins those that are promising one even they do have the things that bitcoin has, I'll say that it's still bitcoin. |
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Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow?
Yes the alt coins are growing when bitcoin is down but there are times that everything that is going up too when bitcoin is up. There is a rally between bitcoin cash and bitcoin, and it's like alt coins are partial with bitcoin so the market is affected. On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
Yes, it is also happening to Ethereum even before the bitcoin cash great pump. |
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Given the fall in bitcoin in the past 24-32hrs, is it a good time to buy bitcoin?
Just keep on buying when bitcoin is dropping, take the chance of the cheaper price of bitcoin to get more of it. And also if you are a long term holder that's a good purpose to buy more bitcoin at that moment. I did bought when it went down to $5,900 and was happy to see that the price of bitcoin now starts to recover. Just like the popular strategy, buy at dips and sell on peaks. This is the right time for you to buy if you are planning on investing for the future. Look how Bitcoin drops dramatically after the Segwit2x has been cancelled because a lot of people are withdrawing their investments and put it on Bitcoin Cash. If the Segwit2x is not cancelled you think the price would be this so low right now? Supposedly you should buy when Bitcoin was at $5700 so you could get a decent profit in the end. Segwit2x has been cancelled and those people that I assume related to that disappointment did something to pump bitcoin cash. And by that time they all have the same plan of pulling bitcoin down and taking over the network. Bitcoin is now at $6,500 and still this is a good time to buy don't wait before it goes to $10,000 so it means that while it's early just buy. i think we still have a good time to buy although the price now is at $6,500 and like you said, don't wait before the price is increase higher so you can not buy bitcoin. because after the price is up, nobody will know what will happen with bitcoin and we don't know if we still have a good chance to buy bitcoin again at lower price or not. Buying time at $6,500 is still recommended if you have seen it before nearly hitting $8,000 then you have to take the chance and believe in bitcoin that anytime or maybe when December enters, price will increase. We don't have an idea on when this pump will start but this is a good market of bitcoin seeing it becoming stable and has a good floor price at $6,500. |
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I had bought the unexpected thing happened the price of altkoin down, there I started to panic and sell it to minimize my losses, but for now I will not repeat the mistake I am, I will remain calm and see the market movement and wait to buy at the right time.
You started to sell to minimize your losses? I even did this before when I was quite new to trading, you sure really is making a lot of troubles with your investment by doing a panic sell. But today when I panic, I don't look at the charts especially the price of bitcoin. That will only hurt me so it's better to stay away from the market charts and when I feel that I'm about to panic, I keep on holding. |
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it's very fast and no need to wait when i use this way , that's why i touch bitcoin at the first time.
Most of the time transactions are now delayed unless you'll pay a decent fee to make it faster. I did use bitcoin even before when the price starts to increase from $200 - $1,000 and even I'm slow with things before I did understand now on how many things I can use with bitcoin. And in this way, there are some uses where I can enjoy bitcoin like by paying a lot of my monthly bills. |
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Do you see a pump and dump happening in BCH right now? or is it really taking over Bitcoin? How do you think will it affect other coins when BCH successfully replaced BTC as the top cryptocurrency
I did saw the pump of bitcoin cash but you keep on telling that it will take over bitcoin. There's no way that an alt coin will be replace and taking over the spot of bitcoin. Bitcoin and other coins are affected through the higher price of bitcoin cash but I don't really think that it will be successfully getting to the spot of bitcoin so don't think that it will ever be replacing BTC as the top currency. |
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you will choose to hold or sell better you hold that you may just grow up and you will also earn a great deal.
Holding is the only way to make your investment in bitcoin grow without adding the total number of bitcoins you have. But if you do really need to take profits, selling is the only thing that you must do. There's no other way for you to get your profit in bitcoin not unless you'll sell it. Just don't do panic selling, be calm when the market is crashing. And the holding process takes time so don't rush and be patient. |
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Myetherwallet.com (MEW) is a legit online wallet for ETH and mostly with ERC20 tokens. But you have to be aware that there are scammers out there that are trying to ride with the popularity of MEW. They are making a phishing link that's redirecting to their database and gets your private key. And once successfully you logged in to that fake site, without noticing your tokens / alts will be gone immediately. Always check the URL properly so you won't be a victim of it.
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Yes that's better, it's better to be late in the party rather than you never been there. I myself was considered late to join the bitcoin party. Bitcoin in the long run is going to be alive and no one can stop it so it doesn't matter even you'll get in with a lower price or higher price. What matters most is the long term vision that everyone is seeing to this great coin. |
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Given the fall in bitcoin in the past 24-32hrs, is it a good time to buy bitcoin?
Just keep on buying when bitcoin is dropping, take the chance of the cheaper price of bitcoin to get more of it. And also if you are a long term holder that's a good purpose to buy more bitcoin at that moment. I did bought when it went down to $5,900 and was happy to see that the price of bitcoin now starts to recover. Just like the popular strategy, buy at dips and sell on peaks. This is the right time for you to buy if you are planning on investing for the future. Look how Bitcoin drops dramatically after the Segwit2x has been cancelled because a lot of people are withdrawing their investments and put it on Bitcoin Cash. If the Segwit2x is not cancelled you think the price would be this so low right now? Supposedly you should buy when Bitcoin was at $5700 so you could get a decent profit in the end. Segwit2x has been cancelled and those people that I assume related to that disappointment did something to pump bitcoin cash. And by that time they all have the same plan of pulling bitcoin down and taking over the network. Bitcoin is now at $6,500 and still this is a good time to buy don't wait before it goes to $10,000 so it means that while it's early just buy. |
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