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It's good that they're thinking about this, I know they see cryptocurrency as competition, so they should at least allow direct interconversion using a platform they can control. it's a small step but a strong one.
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When the market is falling, best thing to do is just hold onto your investments and ride out the wave. Or, if you're savvy enough, sell at the beginning of the fall, and then buy back in when it starts recovering.
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Invest it into NEO, otherwise known as the Ethereum of China. I honestly believe that it will break the $1k mark within two years, meaning if you invest now you'll see more than 10x returns. Long term gains, mean long term risks. Be careful.
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Litecoin is officially dead, and yet it has grown considerably in value in the last year. Yep, real dead. Maybe it's undead then, because it's still moving relentlessly. Or perhaps, OP is actually an idiot.
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Most cryptos, and ethereum in particular is on a solid bull run right now, if this pace continues we are likely to see ethereum reach its all time high sometime around June. But odds are some bad news will halt growth soon enough.
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The only way the world will ever begin using a single currency is if the world unites into one single governance system. Otherwise there will always be competitor currencies, even if they are other cryptos.
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There are plenty of other coins to mine, some of which are more profitable to miners. However, even so, bitcoin has dropped in value by almost 70%, once it bounces back past $10,000, and eventually nearer to $20,000 it will begin to become much more profitable to mine. This is likely to happen at some point, so it's still a good idea to mine even if you are slightly below ROI.
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It's a positive change to see a large bank actually considering integration with bitcoin technology (even if it is an exchange) rather than waging war against it. I guess this will be the first of its kind, and will actually allow the bank to track transactions in bitcoin thus leaving a trail, unlike when people take out a loan to buy BTC and then default.
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I don't think that bitcoin in and of itself kills people, it is the actions people take due to the unique properties of bitcoin that pretty much incentivizes the issues you mentioned. That being said, the energy cost probably contributes to resource scarcity, and hence poverty.
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Most people do agree that Bitcoin will head to the moon (or somewhere nearby). But they differ on the amount of time it will take to get there. If you look at John McAfee's predictions, he thinks we will reach $500,000 by 2020 (next halving), whilst more conservative estimates put us over $25,000 within the next year or so.
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Dump it into Zilliqa or NEO, these both have outstanding long-term potential. Check back in a year and you will likely have quintupled your money as the very least.
Also, Ethereum and Bitcoin are solid bets, as they tend to weather the storm better than other cryptos due their positions at #1 and #2. Might be best to hedge some of your funds in these to split the risk.
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Buy it is necessary because in the near future it will cost a lot, if someone follows the market well, and who has at this time, then pick it up somewhere for$ 50-55, and just wait for the result. In General, the forecast for 300-400$ from me, and I heard somewhere that there will be a thousand cost.
Most people expect that NEO will breach the $500 mark within the next year or so, it really is undervalued at $70, it was over $200 just a few months ago, and then there the huge dip that crashed every market by as much as 70%. So right now is an excellent time to invest as it can easily appreciate by more than 300% to reach its all time high. |
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If you have excess capital, then you should just invest. Bounties take a significant amount of time, if you don't have the time, or your time is more valuable than your money, then just invest. However, if you have a lot of time on your hands, just participate in the bounty, as these can often be quite rewarding.
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I really don't see why people have a problem with shyness in gambling, particularly on gambling websites where they can't even see you.
You need to be a lion when it comes to gambling, you are already up against the house edge, you need to turn the tides in your favor and be as aggressive as possible, particularly in social games. As shyness can often screw you over when it comes to betting for big pots.
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One of the most scathing critiques of NEO is that it's incredibly centralized. There are only 7 validation nodes which are controlled by either Onchain (company that founded and is developing NEO), the NEO Council, or the City of Zion, three organizations that are very closely tied to each other.
More validation nodes can be added in future, let's not forget that NEO is still very young, it is yet to experience the explosion in growth that ETH had, and as such the validation network is still low. There is nothing in the core protocol that prevents new nodes from being added. NEO definitely has great potential, but it has a few growing problems, just like all cryptos have to overcome. |
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Here's a brief overview of what you need to look into before you make your foray into bitcoin;
1. Understand how exchanges work, find out which have the coins you are interested in trading then choose the one with the highest liquidity/lowest fee
2. Look into the difference between software and hardware wallets, if your budget allows get a hardware wallet, otherwise max sure you enable 2FA on your software wallet
3. Understand a little about how bitcoin fluctuates, this will allow you to buy when it's at its optimal price.
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I bought ETH around 390$ and now i am enjoying profits. I will sell them all if hits below 500$ and buy back from 350 again.
If ETH not go below 500$ than we will start to head to 900$ in few days.
Probably a good idea, most people forget that the best way to maximize your profits is to buy low and sell high, if you do this multiples times in a row successfully you can easily multiply your money. Of course, knowing exactly when to sell and buy is the key component, as often you wont maximize growth. But still, you don't need to be perfect, a couple missed attempts out of 10 tries will still see you with likely more than 100% profit. |
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Those person who are always sad are the person who does know bitcoin well, I don't think that bitcoin should be fear of, when in fact altcoins and ICO's should be the one, they will be dead but not bitcoin so we don't need to fear of something that will not ever happen.
Says the person advertising an ICO. But anyways yeah I would agree with you mostly. ICOs lately have been just cash grab and nothing more, the tokens take months to even come on an exchange if they come come. On the matter of wars, well it's obvious that a large scale war affects the economy of the participating nations, which in turn will affect bitcoin is some or other way. They could be liquidation of bitcoin for quick cash by some people, while others might decide to invest in btc in fear of their nation's economy crashing after war. When a nation is engaged in war, people tend to seek to liquidate their currency in exchange for those that are not in war-time countries. Bitcoin is the ultimate security in situations like this, as it is independent of any country, and as such cannot be collapsed by war (unless the war is on bitcoin). If I were in a country at war, I'd definitely move into a decentralized currency. |
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ETH has already been well past $700, so why ask the obvious? Whether it will reach it in the next few days is unlikely, as that would still require a 40% increase in value. We have just seen an almost 30% increase in value, another 40% within a few days is very unlikely. That being said, to see $700 by June is very possible, and we may even see ETH retake $1,000 by the end of the year, or sooner.
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You are lucky that you invested when bitcoin is on the rise, there are a lot of people that aren't so lucky and invested when bitcoin was closer to $20,000. If I were you I wouldn't hold all your money in bitcoin, you should definitely take some profit now. Yes, it's true bitcoin is likely to continue to increase, but if you don't cash out at the top, you will not maximize your profits.
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