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the most important thing about this rise was the strength of it based on the buy support that it currently has and the huge spike in the volume in buy orders that has been happening in the past 24 hours. so you can't possibly say it was a "pump" unless you have little familiarity with the bitcoin market.
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i think we can safely consider this to be the best news that we have heard from 2018 because the death of ICOs means the market is starting to move in the path of eventually becoming a little bit healthier. and with scams and the pump and dumps that they brought to the market this healthiness could not have happened.
and although ICOs have turned into other forms such as IEOs and ... i don't see the same success among them either which shows that people are starting to learn.
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The trouble with the masternode coins is that if the volume is not high, then the price is open to manipulation. Manipulation can and will dump the prices. Then it will not matter how many coins you made by installing a masternode.
actually the problem with masternodes is that you are running a node to an altcoin and that is the risky part because we all know that all the altcoins are getting pumped and dumped so you are bound to be influenced by the dumping side of it for at least 80% of the time that you run that node since the pumps don't last that long. |
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@cybersofts. Can you add a poll for this thread to survey and asking if Tom Lee should be followed this year or not hehehe? We laughed at him for a whole year on 2018, this might be the year for him to begin laughing at us.
you should never "follow" anyone even if they were correct. all these numbers everyone is coming from is 90% pointless because most of them pull their out of their behinds! we all know bitcoin is going to rise and set a new ATH but we never had any way of telling when it is going to happen and how big it is going to be. |
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that is a terrible proposal and i don't acknowledge it. he should change the MIN_USDBTC_PRICE value to 21000000 to have some significance since it also links to total supply of bitcoin then we can get behind the fork.
<-- and that is coming from a verified bear so you know it is true.
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I was hoping to avoid the bitcoin nutjobs such as windfury & talkbitcoin, sad to say the morons are very active.
and yet you weren't capable of answering the questions that i asked even though i said i am willing to accept all the things you said here as correct! i don't know how that makes me a moron and you a "wise" person  |
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i am wondering if there has been anyone who actually submitted stuff in that form thinking it is real i think there is no way of knowing it because the forum is not storing any of that data and just redirects to a new page linking to the trolling page for selfie submissions. |
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i look extra fine in this selfie picture i just took.  |
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Technically SSD is faster than HDD but sometimes you can't even notice the difference when its still new, when years passed you can tell the difference that SSD is still fast. HDD as it grows older its getting slower. So I chose SSD over HDD.
you must have never tried them in comparison to each other! HDD speed doesn't even come close to SSD's speed in reading and writing data. the slowest SSD is ridiculously faster compared to the fastest HDDs. besides age should not really affect the speed of a hard disk unless you severely damage it. i currently own old HDD that is still functioning like its day 1. |
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considering so far none of the "tokens" have been any good and none of the so called "companies" that rose those funds have done anything with the funds they received i have to say these tokens have actually damaged the blockchain technology that we will end up trying for years to fix some of them.
so if i had to choose between the best token and the worst coin i would choose the coin instead. what would i even use that token for anyways? it is useless but at least the worst coin can be used as payment (maybe).
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a very good point by OP.
i want to add that most newcomers to this market have so little experience in trading in general and they have even less experience in the altcoin market and that is their main source of failure.
what OP is saying comes down to that having or not having the experience. you need to be able to predict the end of the pumps to be able to sell at the right time and take your profit out. otherwise you sell at a loss or worse you end up bag holding and lose all your money.
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i still don't understand why some people insist on saying or believing that bitcoin was created to "replace" fiat! bitcoin is the alternative not the replacement. Will Bitcoin really survive the next financial holocaust?
since bitcoin is not yet corrupted by the government or the banks and they are responsible for the economic crisis, there is no argument about bitcoin's survival! it is obvious it will survive. the only question that is worth discussing is whether bitcoin price is going to shoot up to millions because of the crisis or will it not be impacted? |
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It is not really "newbie friendly" in my opinion, because I agree with some of the other posters that you jumped into the more advanced <technical> aspects of it, too quickly. <Most newbies will stop reading there, because it will sound too complicated>  Also, you are saying... " Bitcoin is a digital currency (or cryptocurrency) that enables people to trade anonymously without any other third-party financial institutions." ….Yes, you can trade anonymously if you use Bitcoin correctly, but most people only stay pseudo anonymously, because they re-use Bitcoin addresses frequently. newbies should not even read articles such as these because they are written by people who don't have enough experience in the field to be able to write an actual newbie friendly article explaining what bitcoin is. not to mention that there already exists lots of better and older articles available in places such as bitcoin.org and bitcoin wiki,... where they should refer to instead. the fact that the article calls bitcoin something you can trade shows the little understanding of the author. |
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you know what the problem with people like OP is?
it is that they always complain about everything! complaining will never solve anything, specially if it is false but that is not what i am trying to talk about here.
let's say for a moment, whatever you are saying about LN here is correct. so what is YOUR solution to have
- a decentralized network that you can make a payment
- that is irreversible within seconds
- is 100% safe
- uncensorable
- and can handle billions of transactions every second from one side of the world to another side
i will be waiting for your contribution!
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unfortunately (based on your comment) it seems like you have misled your brother!
bitcoin is not a way to earn money. bitcoin IS money.
and you should never tell others otherwise just because you can make profit from it. bitcoin is meant to be a decentralized currency that has a lot of other benefits when you look at it correctly. the "profit" is the side product of all that benefit.
besides based on my experience people who get in bitcoin because of that monetary profit will always lose money eventually and then blame the person who told them they could become rich with bitcoin!
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IF more coins meant more different coins with different features and aspects then the answer could have been yes. the more the merrier but when the reality is far from it, and instead of seeing different coins solving different specific problems that other stable coins fail at, we keep seeing the same things with a different name that are either as bad as their counterparts or in some cases even worse then the answer is no we don't need any more of them.
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it is way too soon to bring out the booze and start expecting very high prices such as the previous ATH at $20k and above but the drops aka the bearish market has been over and the market has been in recovery mode. with the rise outside of the $3xxx range we are seeing positive signals for the upcoming rise and with the high volume we are seeing the signs of the ongoing accumulation.
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bitcoin cash is the biggest crypto scam as far as i am concerned!
- it is centralized ✓
- it was created without consensus ✓
- it is abusing the name of a popular cryptocurrency ✓
- it has been damaging that popular cryptocurrency's image ✓
- it has also been damaging it other ways like taking the hashrate and slowing the mining process a couple of times causing backlog ✓
- it has been sold under false pretense as something else ✓
- it goes against bitcoin's vision of decentralization ✓
- .... a lot more
Do you know what scam means ? Scam means people looses money after they invest onto something shady . how can bch scam people where its only a crypto . people can buy and invest on it but they didnt loose money . crypto volatility is not a kind of scam . its normal if bch investors loose just because the price falls . no my friend, a scam is when people are misled by lies and deceit. losing money is only a side-product of that which is not even necessary to make something a scam. for instance i could have made a lot of money from BitConnect but that doesn't change the fact that it was indeed a big scam. as for the "how" i have already explained it in points #3 and 6 and partly 5 |
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a fair point, but i have to add that usually (at least 90% of the times) it is not really users that are making such comparisons but they are always reporting something they have read somewhere. for example it is a well known fact that the news sites always publish click baits, and these days that price movement doesn't exist because bitcoin is very stable, they have nothing to write about so they keep trying to come up with things like this comparison. then everyone starts talking about it.
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bitcoin cash is the biggest crypto scam as far as i am concerned!
- it is centralized ✓
- it was created without consensus ✓
- it is abusing the name of a popular cryptocurrency ✓
- it has been damaging that popular cryptocurrency's image ✓
- it has also been damaging it other ways like taking the hashrate and slowing the mining process a couple of times causing backlog ✓
- it has been sold under false pretense as something else ✓
- it goes against bitcoin's vision of decentralization ✓
- .... a lot more
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