We just hope that the price of bitcoin is high enough so that even if the miners only live from the transaction fees, it will be enough to cover their cost and still have some profit. Or else, there will be no miners and bitcoin will be dead.
|
|
|
snip is not a Martingale
You said it is not a martingale but it is martingale. You increase your betsize by 11.2% every time you lose and reset it to 10 if you win. That is no different to martingale, only modified a bit. This is bound to lose like any other martingale there is. var loseMultiplier = .112;
betSize += (betSize * loseMultiplier);
|
|
|
10K is still too far away, it is better for me to ride the fluctuation of price to make more bitcoins if I can.
The ETF hype did send the price to almost 1300$. And just a few days before the decision, the whales cashed out their profit sending the price back to 1200$. They are just waiting for others to follow and the price to drop some more before they get in again.
|
|
|
You should have shorted the other day when the price was almost 1300$ and dropped to below 1200$. With 100X leverage, you could have been 100BTC richer less the tx fees. Or at least you could have timed it when the price was starting to tank.
Right now the price is going sideways, it could go any ways. If you predicted it wrong, you will lose all your money. It is very risky.
|
|
|
If it gets below 1000$ again, it is the perfect time to buy that dip. I know most of the bulls are waiting for that opportunity too, just like I do. And it will not take much time before it push back again to above 1000$ level, I hope.
|
|
|
It has been estimated that Bitcoin would be the sixth largest reserve currency in the world in 2030.Could bitcoin become the first largest reserve currency and when?
Where did you studied this prediction as their is only 50% of chances of it, and as per my view it will take nearly 2050 for it to become first largest reserve currency. Sources people. Stop creating news like post without giving the sources. It is still 13 years from now. Anything could happen. It can be the sixth largest reserve currency or it can be deactivated because it failed to scale.
|
|
|
I want to know where you got your figures. Is it a reliable source?
We all want the ETF to be approved. It will be a good development for bitcoin, not only for the price but for the overall adoption of bitcoin. But if ever it gets denied tomorrow, they can try again next year. And I think there are two other ETF being pushed.
|
|
|
If you are getting into trading bitcoin, then it is good choice to buy bitcoin using your hard earned fiat. Even if you are planning to just hold bitcoin as a store of value, it can still be profitable long term even if the price now is quite high. But if you are just going to use it as a mode of payment or currency, better stick with fiat right now.
|
|
|
We are still years from seeing bitcoin price getting stable. As long as it still being viewed as a volatile commodity, it will not get stable. Massive pump and dump for profit is also a factor. Just this week we've seen bitcoin price falling 100$. If this factors are removed, we may see bitcoin stabilizing.
|
|
|
I think you think sheep. Sheep are being shaved.
Pigs? No pigs around. Just naive stupid sheep.
I agree, pigs is non existing term in trading and you have probably meant sheep. People are often sheep in their everyday living, not just in trading. Some unexperienced traders often act like sheep and lose their money exclusively with their own fault. I don't understand how pigs fit on trading. Bulls because they strike movement is upward. Bears because they claw downwards. But pigs? Is it because they eat the crap of the bulls and the bears? All of them can get slaughtered. If you stayed bulls or bears for a very long time, you'll get your time of slaughtering too like the pigs. It is just a matter of time if you do not adopt to the situation.
|
|
|
Yeah it is a gamble to me right now but I am betting on both. I already have set up half of my funds for trading in fiat and the other half on bitcoin. But I think some are already cashing out their profit that is why there is currently some dumps that is pulling the price down. I do not know if the price will still go higher before the ETF Decision.
|
|
|
Sometimes when bitcoin price tanks, some alt-coin price gets higher. But it is not always like that and also if you chose the wrong alt-coin, it may also crash. Anyway, every time bitcoin price tanks, it always recover and even get higher. So it is better to just hold your money in bitcoin.
|
|
|
I also want to do that but it seems that others are already securing profit ahead of us. Bitcoin price is already going down fast. If you will act just after the announcement, I think it will be too late to bag profit in this spike. But of course there are still opportunities for the long term.
|
|
|
They are all equal and the same. And if you put your stolen coins into mixers, they will be good as new and it will be harder to trace whether its stolen or not. Why do you ask OP? Do you have stolen bitcoins you want to send to exchanges?
|
|
|
Nice story OP, from mining to trading. So even then, when the reward was still high, it is still not feasible to mine bitcoin and have profit? Atleast if you want to keep up with the best miners, you have to reinvest what you earn and also finance your mining expenses. Do you think even now that the price is really high, trading is still better than mining?
|
|
|
A newbie account starting a signature campaign, seems scammy but worth a try. To those accepted, try the minimum post only. If you get paid the first week then its okay. If not, you know what to do.
|
|
|
I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
Definitely I save bitcoin for future purposes. There are lot of speculation that Bitcoin will increase upto 100k USD. If that happen a single bitcoin can make me rich in my country. So I started saving it and have my self some bitcoin for cash out in the future when it hit 10k USD. You have too much expectation if you expect bitcoin to reach 100K in our lifetime. 10k can be attained but that would be stretching it already. If I were you, I will hold more bitcoin than expect it to reach unimaginable price.
|
|
|
Okay so I understand why people would get banned for using their security questions when there was a security breach, but why not remove security questions altogether and tell people why they need to know their password instead of banning people who might well have genuine intentions?
Does this mean we have no way to recover our account if we forgot our password? That is a pain. I have my account in remember forever. I am now afraid to logout because I might not get the password right and lock me out of my account.
|
|
|
We do not know but if the CIA got into satoshi, wouldn't they announce it to the world. That would put some fear to some of the bitcoiners if they know that satoshi was caught and being held by the CIA. But maybe they also know that they cannot stop bitcoin anymore, and if they succeed, it will just be replaced by another cryptocurrency, so they stopped tracking satoshi.
|
|
|
I am saving bitcoin for my future, as an investment. Though I am also spending some of it for leisure or gadgets, I am keeping a part of it for my future. It is not a large amount of bitcoin, but I am adding some more whenever I can. In time it will be large enough so I can start a business or something that can secure my future.
|
|
|
|